Why rely on the vagaries of Washington politics when it comes to their future retirement when you can teach them to control their own destiny?
Tag "compound interest"
It’s in everyone’s best interest to be successful, so it’s part of a fiduciary’s duty to show them how.
Franklin was not merely an advocate of entrepreneurism, he was also one heck of a financier. His will actually calculated the precise growth he expected from the trusts and further instructed the trustees in terms of allocating those assets at the end of the first hundred years and again at the end of a second hundred years upon which the trust would be terminated.
