The Power of Compounding

  |   ,
share this post

If you could have a million dollars today or a magic penny that doubles every day for 30 days, which would you choose?  That would be the ultimate compounding?

Did you choose correctly? Albert Einstein is famous for citing compound interest as the eighth wonder of the world, but many people don’t know how that quote ends.

“He who understands it, earns it; he who doesn’t, pays it.”

Most Americans have a massive unpaid tax burden compounding within their retirement accounts with the power of compound interest working against them.

Ready to diffuse this tax time bomb in your retirement savings? Contact RFG Wealth at 940-464-4104 to schedule a visit to discuss ways we can help cut your taxes now and into the future.


The Power of Compound Interest

“These materials have been independently produced by RFG Wealth Advisory. RFG Wealth Advisory is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates (“Schwab”). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. RFG Wealth Advisory provides you with investment advice, while Schwab maintains custody of your assets in a brokerage account and will effect transactions for your account on our instruction.”

Securities offered through LPL Financial, Member FINRA/SIPC.  Investment advice offered through RFG Wealth Advisory, a registered Investment advisor and separate entity from LPL Financial.

The LPL Finanical registered representatives associated with this website may discuss and/or transact business only with residents in the states in which they are properly registered or licensed.  No offers may be made or accepted from any resident of any other state.

Copyright © 2022 RFG Wealth Advisory. All Rights Reserved.