Nov 3 • Financial Literacy
💼 What If You’re Already 65? It’s Not Too Late to Build Wealth
Most people think wealth-building ends at retirement — but the truth is, at 65, your focus simply shifts from growth to control.You may not have 40 years for compound interest, but you do have powerful ways to protect your money, earn consistent income, and leave a lasting legacy. 💪
💰 1️⃣ Protect & Grow What You Already Have
At this stage, your capital is your greatest tool.Invest smart — not risky.
✅ Dividend-paying index funds (S&P 500, SCHD, VIG)
✅ Bond ETFs & Treasury ladders for steady income
✅ Real Estate Investment Trusts (REITs) for inflation protection
✅ Fixed or indexed annuities for guaranteed lifetime income
💡 Goal: Let your money work harder than you do.
💸 2️⃣ Live Like a Millionaire with Consistent Income
You don’t need $10 million to live comfortably. You need cash flow.
Example:
💵 $500,000 invested at 6% = $30,000/year income
💵 $1,000,000 invested at 6% = $60,000/year income
That’s income you can enjoy without touching your principal.
🧾 3️⃣ Use Catch-Up & Tax-Free Strategies
Even at 65, you can still maximize your tax advantages:
⚙️ Add “catch-up” contributions to your IRA or 401(k)
⚙️ Convert to a Roth IRA for tax-free growth
⚙️ Reposition taxable money into tax-deferred accounts
The goal isn’t to chase returns — it’s to keep more of what you earn.
🌳 4️⃣ Build Your Legacy
You can still create generational wealth right now:
👨👩👧👦 Set up a trust or family investment account
📈 Teach your children or grandchildren to invest early
💡 Use permanent life insurance as a tax-free growth vehicle
Remember: Even if time ran out for compounding for you, it’s just beginning for them.
💬 EBE Discussion
If you’re 65 or older — what’s your biggest financial focus today?
💭 Preserving wealth?
💭 Creating income?
💭 Leaving a legacy?
Drop your thoughts below 👇
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💼 What If You’re Already 65? It’s Not Too Late to Build Wealth
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