wealthplanning&management-wealthaccumulation

Wealth Planning & Management
Wealth Accumulation

When we have already created some wealth, our next natural instinct as any responsible human would be to accumulate.

The purpose of Wealth Accumulation could be many folds. Let us explore some here:

Child Future Education Funding; Retirement Funding; Home Funding; Legacy Funding; Business Continuation Funding, etc. All these accumulation purposes need to be plan before hand, executed according to plan and managed properly so that any Wealth Accumulation goals is well on track.

Wealth Accumulation can be considered the third exercise we adopt from The Wheel of Wealth concept. It is a strategy that is often adopted by matured adults who have a stable career and would want to start the next phase in Wealth Planning.

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We adopt The Wheel of Wealth strategy below:

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If you look closely at the diagram on your left, you will find that Wealth Planning & Wealth Management would encompass this theory.

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to understand the 5 driving forces behind the success of handling the 6 wealth issues.

We use the 6 wealth issues from The Wheel Of Wealth in our Wealth Planning & Management exercise. They are: