10/11/2024
In the last 5 years, the expenses have almost doubled and this isn't random; This is known as Inflation / erosion of buying power.
Many worry about small stock market drops but overlook how inflation quietly eats up around 10-15% of their money yearly.
Instead of assuming high stock returns will continue, focus on managing living costs and taxes smartly.
Even if your stocks perform well, if real inflation matches, your wealth won't grow.
Need to be prepared for the increasing impact of hidden taxes over time.