I've got to be blunt. Your financial success depends on it.
Wall Street is feeding you a narrative that's fatally, dangerously flawed when it comes to financial planning.
They make the assumption that you're going to live this way or that and, in doing so, produce a whole bunch of fancy charts, full of calculations intended to show you how much you need to save to meet their projections.
The hope is, of course, that you'll become a valued, or should I say valuable, client – meaning you're going to generate tons of commissions to line their pockets for having prepared a deep look into your financial affairs.
The reality is very different.
Those same fancy-pants charts – which, by the way, can cost you a "planning fee" ranging from $100 to several thousand dollars – usually have the opposite impact: People realize they're so far from meeting their "goals" that they give up without even trying.
I've never liked that, but then again, I've never played by the rules, either.
That's why I'm so excited to tell you this…
About the Author
Keith Fitz-Gerald has been the Chief Investment Strategist for the Money Morning team since 2007. He's a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to heading The Money Map Report, Keith runs High Velocity Profits, which aims to get in, target gains, and get out clean, and he's also the founding editor of Straight Line Profits, a service devoted to revealing the "dark side" of Wall Street... In his weekly Total Wealth, Keith has broken down his 30-plus years of success into three parts: Trends, Risk Assessment, and Tactics – meaning the exact techniques for making money. Sign up is free at totalwealthresearch.com.