Monthly Archives: October 2018
Are the odds in your favor?
In case you have not heard, there is a mega millions drawing happening tonight. Actually, it’s a $2.6 billion dollar drawing. It has created a lot of excitement for many. Everywhere you go, you can hear people talking about what they would do if they won, where they would go, and what they would buy. Many have expressed quitting their jobs right away, buying a new house (or island), or helping family members. It seems people are inspired to dream when they have a chance of “winning big”. I have to admit, it is fun to get lost in the “what would I do with a billion dollars” fantasy. Unfortunately, the odds are certainly not in our favor of winning the lottery. I read somewhere that you have a better chance of “being drafted by the NBA or being killed by a vending machine” then winning the lottery. Yikes! But still, Americans across the country are excitedly buying their tickets in anticipation that this could be the life change they have been waiting for.
What if I told you that you don’t actually need luck to become a millionaire by the time you are 65. All it really takes is some forethought, discipline, and time. In fact, if you are still in your 30s, all it takes is saving $7,000 a year through a retirement account. That works out to about $580 per month before taxes. Which really means you will probably only miss about $460 from your actually net pay check. Friends, that is only about $220 per biweekly pay. Can you find a way to defer that into a 401k or IRA for the future payout of $1,000,000? Can you start with something smaller and build to achieve the ultimate goal? Someone in America might become a billionaire tonight, but it is possible for many more to become millionaires by the time they retire. It all starts with making the choice to save now for the future.
We love helping our clients hit the “retirement jackpot” … no lottery ticket necessary!
Victory Wealth Partners’s Coats for Kids Campaign
Our coats for Kids campaign was born from the experiences of our President, Ashley Rosser. Prior to her career at Victory, Ashley was a pediatric nurse for a hospital located in West Philadelphia for over ten years. She was often reminded of the daily struggles of so many children living in the nearby communities. Throughout the long winter months, while driving to work she would see small children walking to school in the bitter cold without jackets, hats, or gloves. This has forever stayed in her mind and she always hoped to one day help make a difference in the lives of children who are not able to have the basic necessities. This was the catalyst for Victory Wealth Partners’s first “Coats for Kids” campaign last year.
Over two months’ time, Victory collected 75 new and like new coats for kids and adults. By working with local schools, Victory was able to provide over 30 coats to children in need who live right in our communities. An additional 40 adult and children’s coats were donated to a mission in Camden who directly handed them out to those in need.
2018 Coats for Kids Campaign
We are hoping to make a difference again this year by collecting new and like new coats for kids and adults. We will be working with our local schools to distribute specific coats to students who have been identified to be in need. This year, we will also be taking donations of hats, mittens and scarves to go with the coats. You may drop off any donations to our office at 53 N. Main Street Mullica Hill NJ. We will also have a box on our porch for after-hours drop offs. We will be kicking off the “Coats for Kids” campaign at our annual Client Appreciation Day Open House on October, 25th from 3pm-7pm. Thank you so much for helping us make a difference in our community.
