{"id":19612,"date":"2013-05-09T16:12:48","date_gmt":"2013-05-09T10:42:48","guid":{"rendered":"http:\/\/vskills.in\/certification\/tutorial\/?p=19612"},"modified":"2024-04-12T14:15:46","modified_gmt":"2024-04-12T08:45:46","slug":"phases-in-wealth-management","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/phases-in-wealth-management\/","title":{"rendered":"Phases in Wealth Management"},"content":{"rendered":"<p><a class=\"vsc\" href=\"http:\/\/www.vskills.in\/certification\/Certified-Wealth-Manager\"><span class=\"vsc-cn\" style=\"text-align: center;\"><span style=\"color: red;\">Certify and Increase Opportunity.<\/span><br>\n<span style=\"color: green;\">Be <\/span><br>\nGovt. Certified Wealth Manager<br>\n<\/span><\/a><\/p>\n<p>A Proper Financial Plan MUST addresses all four phases of Wealth<\/p>\n<ul>\n<li>Accumulation<\/li>\n<li>Distribution<\/li>\n<li>Preservation<\/li>\n<li>Effectiveness<\/li>\n<\/ul>\n<p><b>Accumulation:<\/b>&nbsp; This is the pre-retirement phase; what we put aside today for tomorrow.&nbsp; Many focusing on accumulating as much as possible, however you may not need as much as you think you do!&nbsp; Over-Accumulation often comes at the expense of living today.&nbsp; You can accumulate while living the life you want today, making the memories with your family you want to make today and not going into debt to do so.&nbsp; Live today without sacrificing tomorrow.<\/p>\n<p><b>Distribution:<\/b> This is the retirement phase.&nbsp; Ask yourself, is it more important for me to accumulate as much as possible for retirement or is it more important to fully use my assets in retirement.&nbsp; How many people are afraid to fully make use of their assets in retirement for fear or outliving the asset for fear of not leaving a legacy?&nbsp; We will demonstrate how we will give you permission to enjoy the best retirement possible.&nbsp; Live well in retirement without affecting your legacy!<\/p>\n<p><b>Preservation:<\/b> Many people want to leave a legacy but do not know how to structure their financial life so that they can live the life they want without using affecting the inheritance.&nbsp; This is possible to do, but your plan must be structured properly.<\/p>\n<p><b>Effectiveness:<\/b> If you were to board an airplane and prior to takeoff, the pilot were to come over the intercom and announce that there was an 80% chance of arriving at your destination and a 20% chance of crashing, how likely would you be to stay on that plane?&nbsp; I would also exit the aircraft.&nbsp; Why should we expect anything less from our financial plan?&nbsp; How often have you heard that you have to take on more risk to get more reward?&nbsp; Taking on more risk, usually means you have more risk.&nbsp; Your pan should minimize risk, not embrace it.&nbsp; Don\u2019t accept an 80% probability with your future.<\/p>\n\n<div class=\"apply\">\n<h3>Apply for Wealth Manager Certification Now!!<\/h3>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/Certified-Wealth-Manager\">http:\/\/www.vskills.in\/certification\/Certified-Wealth-Manager<\/a><\/p><\/div>\n\n\n<p><a href=\"https:\/\/www.vskills.in\/certification\/tutorial\/wealth-manager\/\" target=\"_blank\" rel=\"noreferrer noopener\">Go Back to Tutorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Certify and Increase Opportunity. Be Govt. Certified Wealth Manager A Proper Financial Plan MUST addresses all four phases of Wealth Accumulation Distribution Preservation Effectiveness Accumulation:&nbsp; This is the pre-retirement phase; what we put aside today for tomorrow.&nbsp; Many focusing on accumulating as much as possible, however you may not need as much as you think&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[3344],"tags":[4983],"class_list":["post-19612","page","type-page","status-publish","hentry","category-wealth-manager-2","tag-phases-in-wealth-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Phases in Wealth Management - Tutorial<\/title>\n<meta name=\"description\" content=\"Phases in Wealth Management\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/tutorial\/phases-in-wealth-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phases in Wealth Management - 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