The M3 Wealth Financial System focuses on learning and implementing proper financial mechanics! We help our individual and business clients to map a sustainable course to financial self-reliance, measure the impact of daily financial decisions, and mentor proven financial principles.
While discovering parts of the new world, ancient mariners recognized the importance of charting reliable courses to their desired destinations. Like these ancient explorers, our financial cartographers or guides must have extensive knowledge of multiple financial components in order to help you properly navigate and build a successful financial map!
The financial mapping process is not merely assets and/or investments, it incorporates every financial component in your portfolio.
2) Measuring the impact of daily financial decisions!
Measuring the results of our actions is critically important! Most of us make financial decisions without understanding the 'true cost" of the items we are buying.
3) Mentoring proven principles
Mentoring involves getting help from someone who has walked the path before us. Our path through the "financial jungle" is complicated by hidden obstacles. A mentor or Financial Guide can help us to avoid the "financial quicksand" and point out where the "financial Tigers" are hiding in the brush and how to avoid other obstacles we may not be able to recognize or see.
FREE Vision Interview
Expanding Your Vision:
1) Complementary Vision Interview
This initial meeting is designed to allow our clients to assess the M3 process without any financial obligation or pressure. Find out if our planning model matches your goals and dreams.
2) Debt is one of the most important factors in creating and sustaining wealth
You cannot save enough money in your lifetime to compensate for poor debt habits. Most of us walk away from over $1,000,000 in future retirement savings by ignoring our debt.
3) Cost of Waiting
Most of us do not fully understand the cost of waiting. Paying our debts off early can save us hundreds or even thousands of dollars a month. If a 20‑year‑old wants to have $1,000,000 at age 65 they have to save $300/mo at 6% interest, a 55‑year‑old has to save over $3,400/mo to accumulate the same amount at the same rate.
4) Life is full of choices, make them count!
Understanding proper loan mechanics can save you thousands of dollars. So, why are lenders constantly selling the impact of making extra payments to pay off your loan early? To save thousands of dollars in interest...or because they make a ton of money in fees and closing costs? First‑time homebuyers stay in their homes 7 to 10 years on average. However, the average person refinances their mortgage loan every 3 to 5 years. Stay in CONTROL, pay yourself the difference, maximize your tax deduction, save all the fees and closing costs, and you can put a lot more money in your pocket.
The vision Interview is FREE and generally takes 60 minutes! It is designed to outline our unique approach to building your customized Financial Map, and to see if our financial philosophies line up prior to initiating a working relationship!
Since most of us will live longer in our retirement years than we will have worked, this FREE Vision Interview is a critical first step.
Revolving interest is different than installment interest. Learn to pay off your mortgage in a third of the time, to increase flexibility, protect yourself from foreclosure, increase your tax deduction, and stay in CONTROL of the cashflow.
Compound Tax Model:
Understanding the impact of taxes on your savings and investments is as important as understanding liquidity, the safety of your account, and the potential return. Learn how to super‑charge your growth with Cost Recovery!
Understanding Tax Free or Tax Favored Accounts
Roth IRA:
A Roth IRA is a retirement instrument and should not be accessed until you are 59½ to avoid penalties. So, the Roth IRA may be too rigid if you are trying to retire debt early.
Municipal Bonds:
Municipal Bonds are great, unless you are going to purchase a bond every month or even once a year. Muni-Bonds offer tax-free growth, but it gets very tough to track multiple maturities and their varying rates of return, over a 20 or 30-year period of time.
Life Insurance:
Cash Value Life Insurance includes a cost for the insurance and it may take several years for it to catch up to the other investments listed here. However, it is flexible and can be used to retire debt early! In many cases, permanent life insurance can dramatically outperform normal savings and CD rates, even after the cost of insurance is subtracted.
Becoming Financially Self-Reliant:
Understanding these concepts and learning how to apply them is the key to becoming financially self-reliant. This makes finding the correct financial advisor or financial guide critically important! A guide who understands how to measure these decisions, one who has walked the path many times before, who can help you to take advantage of your debt, is invaluable! At M3 Wealth, building a successful financial map is the start of building a successful financial or estate plan!
One of the most important parts of the Financial Mapping process is discussing and making adjustments to your financial plan. Annual Reviews are an important part of any plan. They allow us to examine where we have been in the past, to understand where we are today, and to better determine where we are going in the future. These reviews give us the opportunity to measure and compare our progress and they provide the passion and drive we need to change or modify our behavior.
Schedule and Complete your COMPLIMENTARY “Retirement Planning Appointment”
and get… Patrick Kelly’s best-selling book; Stress-Free Retirement as our FREE gift!
Important: The information contained on this website is provided for informational purposes only. All articles, charts, brands, logos, names, or other information used is the sole property of the parties cited or referenced. The information on this website should not be construed as investment, legal, or tax advice. M3 Wealth is in no way attempting to provide investment advice. Any use of this information is the direct responsibility of the reading party and should be reviewed and discussed with their financial advisor, attorney, or CPA prior to implementation and/or use. The information contained on this website cannot be used, altered, or distributed, without the express written consent of M3 Wealth.
