Comments on: It’s Not Always Necessary to Shoot For the Moon http://allfinancialmatters.com/2008/04/01/its-not-always-necessary-to-shoot-for-the-moon/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 20 Nov 2009 19:56:44 -0800 http://wordpress.org/?v=abc hourly 1 By: Spokane Al http://allfinancialmatters.com/2008/04/01/its-not-always-necessary-to-shoot-for-the-moon/comment-page-1/#comment-269566 Spokane Al Thu, 03 Apr 2008 19:29:17 +0000 http://allfinancialmatters.com/2008/04/01/its-not-always-necessary-to-shoot-for-the-moon/#comment-269566 I think it might have been interesting and worthwhile to explore why this individual was set on the $4 million amount. A planner versed in behaviorial finance might be able to dig out the root issues here which could perhaps provide some real enlightenment to the client rather that just concentrating on the nuts and bolts question of reaching $4 mil. I think it might have been interesting and worthwhile to explore why this individual was set on the $4 million amount. A planner versed in behaviorial finance might be able to dig out the root issues here which could perhaps provide some real enlightenment to the client rather that just concentrating on the nuts and bolts question of reaching $4 mil.

]]> By: JLP http://allfinancialmatters.com/2008/04/01/its-not-always-necessary-to-shoot-for-the-moon/comment-page-1/#comment-266190 JLP Wed, 02 Apr 2008 16:01:26 +0000 http://allfinancialmatters.com/2008/04/01/its-not-always-necessary-to-shoot-for-the-moon/#comment-266190 muddlehead, Actually, 4.81% compounded annually would get you from $2.5 million to $4 million in 10 years. So yeah, you were pretty close. I would recommend that this guy take a little more risk and anything over $4 million would just be icing on the cake. You really can't have too much money. If he did have too much money he could give it away or use it to help others. muddlehead,

Actually, 4.81% compounded annually would get you from $2.5 million to $4 million in 10 years. So yeah, you were pretty close.

I would recommend that this guy take a little more risk and anything over $4 million would just be icing on the cake. You really can’t have too much money. If he did have too much money he could give it away or use it to help others.

]]> By: muddlehead http://allfinancialmatters.com/2008/04/01/its-not-always-necessary-to-shoot-for-the-moon/comment-page-1/#comment-266142 muddlehead Wed, 02 Apr 2008 15:45:03 +0000 http://allfinancialmatters.com/2008/04/01/its-not-always-necessary-to-shoot-for-the-moon/#comment-266142 $2.5 mill for 10 years in various insured cd's at 5%, not counting compounding and taxes, gets your client to $3,750,000 with, you might say, not too much risk, eh? $2.5 mill for 10 years in various insured cd’s at 5%, not counting compounding and taxes, gets your client to $3,750,000
with, you might say, not too much risk, eh?

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