Riley Giauque, CFP® | Financial Advisor

Helping clients bridge the gap between financial dreams and reality. Securities offered through LPL Financial member SIPC,

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Blue Ox Advisors™ specializes in asset management and financial planning services. For more information visit our website https://t.co/jLUpAQEnjE or to schedule a call https://t.co/yLZ3GcxSDu

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Most people’s strategy for saving money is this:

Putting away as much as they “can.”

Which is great…

The problem often is that what people say they “can” afford is actually what they CHOOSE to afford.

And often the choice is to procrastinate or save nothing.

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Ran into none other than @barstoolcarl during our ‘advisor in the streets’ interviews the other day. Got to talk investing, stock market, and money #notadvice #investing #carl #florida

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Did you know that the IRS rewards long-term investors?

(In non-retirement accounts) if you hold an investment for more than a year, the asset gets preferential tax treatment.

#investing #stockmarket

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Easy way to know if you have enough saved for retirement…

Use the Rule of 25

Multiply your average yearly expenses by 25.

So if your goal is $100k per year in retirement this rule says you need $2.5 million dollars to retire comfortably.

#retirement #savings #investing

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Where are people investing for 2024? #investing #stockmarket

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

If you put away $25 each day over the next decade, you’ll have just over $90k.

If you put away $25 each day AND invest it over the next decade, you’ll have just over $145k with an average market return of 10%.

If the average retirement is 20 years, this simple act can increase your income by over $7k each year for the rest of your life.

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

What account type you invest with can be the difference between a 15 year retirement and a 25 year retirement.

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Try this 5-point plan to reinvent your finances in 90 days.

It’s called the SPARK method:

Simplify Expenses
Purge Debt
Automate Savings
Reevaluate Investments
Knowledge Growth

Implement the SPARK plan to ignite
changes in your financial situation within the next 90 days.

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

The best time to start investing was yesterday, the second best time to start is today.

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

RT to share the power of compound interest♻️

Follow for more finance & investing insights🔥

For help with your investing plan use the link to schedule a call 📞⤵️ https://t.co/yLZ3Gcyqt2

#investing #compoundinterest #financialplan

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 99: $1,143,699,624.21

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 100: $1,258,078,706.63

After 100 years the end result is just over $1.25 Billion Dollars...ALL from investing just $25 dollars each day for 100 years.

Assuming a 10% annual return. This is less than the average annual return of the stock market over the past 100 years!

(0% IR variance, resource investor .gov) #investing

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 98: $1,039,718,640.19

Over ONE-BILLION-DOLLARS...

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 95: $781,133,323.06

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 97: $945,190,472.90

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 96: $859,255,775.36

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 94: $710,112,911.87

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 82: $226,201,716.91

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 93: $645,548,901.70

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 92: $586,854,347.00

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 91: $533,495,660.91

ONE-HALF of a BILLION DOLLARS

[Riley Giauque, CFP® | Financial Advisor @RileyGiauque]

Year 90: $484,987,764.46