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Second Stage to Family Wealth: Harvester

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작성자 Superior Planni… 작성일17-08-11 00:00 조회1회 댓글0건

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http://superplan.com
The second of the five stages to family wealth is harvesting the fruits of our labor.

It can be an exciting time as we enjoy a sense of accomplishment and lay out our plans for a financially independent future.

Wealth and the ability to control our schedules brings new freedom, opportunities, complexities, taxes, and sometimes challenges to our core values.

Family dynamics change as our focus moves away from business and to our new way of life.

Our new Investment policy calls for moving from asset accumulation, to asset protection and income deployment.

One family we know sold their company in an all stock deal to another whose stock continued to rise. Because they were unable to change their mindset from Accumulator to Harvester, they failed to cash out before the market and their stock crashed.

As harvesters, we shift our focus to generating income, risk management, tax reduction, and the needs our family.

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