Joe's Success

Joe's Success

Financial success to many may mean money, but to Joe financial success is so much more. Joe has worked since he was of legal age to work and has saved money from every check to set in a bank account so it would accumulate and collect interest. He went to college to amplify his education and to add on to his experience. Joe never touched his savings account no matter how desperate times became. By the time Joe was 40 years old, he had collected $200,000. Joe then decided to invest half of the money into the stock market so that he would have a chance to make more money off his savings. He let the money tumble around in the stock market until he was 50 years old and close to retirement. The entire time Joe was working he had them take money out of his pay check for his Roth IRA and 401 K so that when he retired he had that money to rely on as well. Of course things changed along the way and he lost some of the money he invested in his 401 K, but he made up for the losses in the Roth IRA and the stock market because he invested in a stock that couldn't do anything but make money like Microsoft and you really can't lose money in a Roth Ira like you can a 401 K.401 Ks can lose money because they are After Joe retired he decided to write a book on Financial Success and How to Save Money For a Lifetime and was very successful. Joe's intention for the book was to teach pre-college students to save money and invest in things that could help them in the long-run. He died a few years ago but he left $3,000,000 behind for his family to live on. He saved enough money that his wife didn't have to work another day in her life, his kids' college was paid for, and his funeral and hospital bills were all paid. He definitely planned ahead.