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WMS - Wealth Management Statement

Writer's picture: Mr WealthMr Wealth


It must have happened at some point in your life to swear an oath of loyalty to someone or for something.

Remember that moment, bring it to life.


Was it in a church at your friend’s wedding; was it during a court hearing where you were one of the witnesses? You know it.

How was it feeling like? You knew it was a very important moment after which there was no comeback. You swore it, and from that point onward you had to abide to it.


The same applies to swearing loyalty to your WMS. The best part is that by swearing loyalty to your WMS you will actually be swearing loyalty to yourself. And if you were to break that oath, you would then have to feel bad with yourself. Very bad.


But you might be wondering what an WMS is after all? Continue reading.

To make things more practical, it is presented an effective example below that you can easily apply to yourself.


It all boils down to choosing your desired retirement age and subtracting your age from it.

Let's imagine you want to retire at 54 and you are 21. This means a lot of years left! Specifically 33. What do you do with these 33 years? Short answer: an awful lot!


After retirement age you want to enjoy life and in order to do so you have to have... peace of mind. I invite you to think about it and check the truthfulness of this statement yourself.

If you do not have peace of mind, it means something is wrong with your life, and that there are some issues that are preventing you from tasting your life fully.

What you are going to target is not just peace of mind, but a full-blown peace of mind. How? Easy, by making sure that you have what you need.


You see, the key point is to define exactly what you need because this will be the stable anchor throughout the storm that, sometimes, your life is going to be.


The second step is to have a feeling of how much you are going to live. Believe it or not, this should be relatively easy to know.


Have a quick look at your lifestyle, at your general level of health. Then have a look at the most recent mortality table issued by either the national statistics or any insurance company of the country you are living in. You will find out that the average life expectancy for developed countries is around 80 years but double check yourself for more precision.


Once you find the expected death age, adjust it up or down based on what do you think you can change now that will make you live longer or shorter. Of course the degree of uncertainty is huge, but you have to accept it.


For instance if you are a smoker and plan to stop, you will live more than if you decided not to stop, but still a bit less than the average non-smoking population because of your smoking habit.

What exactly do you do in this 33 years gap? Easy, you work your ass off, and of course, you make sure you enjoy life at the same time.


Life is now, but do not fall in the trap of saying “spend it all now because life is now”. If you do spend it all now, you will have nothing left soon and the life you will be living will be a hell, you will be miserable.

So be disciplined and intelligent instead.


It’s now time to apply the WMS with a real life case. Study the teaching “Do you believe 33 years is plenty of time to become Wealthy?” hold tight, as this will give you a whole new perspective.


Make sure you celebrate after. You will be empowered from this powerful tool that probably less than the 0.002% of the people you know knows about.

To give you an idea of this stat, it means that if you have 50 thousands friends, 1 of them will know what an WMS is. Be one of those, now.





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