No matter what aspect of financial planning, there are positive pressures and negative pressures.
We have positive pressures such as savings rates, lottery winnings, inheritance, positive interest, etc. Then there are things that will try to bring our wealth down such as taxes, transaction costs, inflation, etc. Wealth is under pressure all the time whether good or bad. The question is how can we balance it so that you have more positive pressure and less negative pressure?
Click below the image to learn more about wealth under pressure in this podcast:
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