As you navigate through the many stages of life, your ability to set money aside fluctuates. This fluctuation must be factored into your long-term accumulation strategy.
Regardless of when you begin to accumulate wealth, a successful plan requires:
- A long-term investment strategy
- A commitment to seeing that strategy through
- An understanding of your tolerance for risk
The right plan can help protect against market fluctuations and may result in greater wealth over a long term.