When you have already created a million dollar net worth, you have come a long way to create a multi million dollar retirement. You have already demonstrated that you have the skills to create wealth. Now is the time to learn the skills to multiply wealth. In many cases, this skill set to multiply wealth needs three main steps. 

Firstly, it needs you to make your work harder for you, than you working harder for money. This means, your money needs to be invested at the right places and at the right time. Knowing that there is no perfect strategy to time the market, it all comes down to thinking long term and putting your money in a diversified asset basket. 

Secondly, it requires you to become less emotional about money over time. As we generate wealth and have kept enough funds aside as emergency funds for the near future, we can become less emotional about money matters and make more rational decisions around money. It requires us to bet more on mathematics...

Some people can classify a multi million dollar retirement as exhausting and others can classify it as effortless. When it is classified as exhausting, then you try too hard, overcomplicate, overthink and overdo; but when it is classified as effortness, you find an easy path to the desired results. The purpose of this write up is to inspire you to ask yourself if creating wealth to reach your desired retirement portfolio should be exhausting or effortless for you. 

Like most people, you might want it to be effortless but you might be finding it exhausting. If you resonate with this, then here is a formula to move from exhausting efforts to effortless state. This formula is inspired by Greg Mckeown’s work. When you reach the effortless state, you might encounter the following situations: you do something once and you benefit from it multiple times; or you stop trying so hard and start getting better results. 

When you are trying to create wealth, you...

There are 9  parameters to address to create wealth for generations to come. These include Goal Alignment, Tax Strategies, Asset and Investment allocation, Retirement Planning, Philanthropy, Estate Planning, Real Estate Strategies, Tuition Planning and Life Insurance. It can be overwhelming for individuals, especially busy professionals and entrepreneurs to streamline all these 9 parameters by themselves and that’s why it is advisable to hire wealth coaches to help you in all these 9 domains. 

In order to create wealth for generations, it is imperative to not only have the growth mindset but also train your next generation with the mindset to grow wealth. It becomes equally important to understand the mindset of the next generation and their thoughts on the new age investment opportunities like alternative investment portfolio or crypto. This generation of investors have seen more ups and downs as compared to many previous generations, and hence there have...