Sentences with phrase «accumulate income producing»

If you learn to accumulate income producing assets that way, you will be able to achieve your financial goals, where passive income exceeds expenses.

Not exact matches

Robert Merton, distinguished professor of finance at the Massachusetts Institute of Technology, who designed the product, emphasized the shift in mindset from accumulating wealth to producing income, which he said needs to occur.

The typical household made up of Americans in the 55 - to - 64 age range has accumulated only enough retirement assets — $ 120,000 — to produce $ 400 to $ 500 of income a month to add...

Rather, the policy acts as a forced savings plan that accumulates money in a tax deferred account that you can THEN use to invest with, as you purchase other income producing assets, at the same time as earning interest and dividends on the cash value in your policy!

Unless you accumulate income - producing assets that replace your income, you'll never become a capitalist, or achieve financial freedom.

Business debt accumulates just like personal debt and if your business doesn't produce as much income as needed to meet your monthly payments, then you may incur in personal debt too either because you are a guarantor of the company's debt or because you take a loan yourself to fund your business.

We expect, given the finding that Retail taxes produce less of a drag on the economy than Income taxes that if a government decides it must raise new taxes (perish the thought), then it ought by the Precautionary Principle do so by reducing the Income Tax rate so low as possible and raising the Retail Tax rate to meet the needs of the state — for instance to pay off debt accumulated by fighting foreign wars.

Its automated income distribution feature produces an easy access to the accumulated value of the cash.