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A Spending Strategy Can Increase Long Term Wealth

 

Small changes in spending can have a significant impact on wealth. Consider the effect of a 1% increase in spending on a $20 million portfolio. Assuming 5.25% of annual portfolio growth, on average, and a 3% spending rate, the portfolio's value will grow to $31.3 million over 20 years. By increasing the spending rate to 4%, the portfolio value decreases to $24.6 million.

ACTIVE WEALTH

Active Wealth for the Long Term

 

Spend is just one of the five practices in our Active Wealth approach that we use to ensure our clients can build a legacy that stretches across market cycles and spans generations.

Wealth Strategy That Helps You Do Well Better

 

Discover how our Active Wealth approach can help you grow your influence and make a greater impact.

 

 

 

Is Your Wealth Strategy Supporting Your Goals?

 

Now that you’ve learned about our Active Wealth approach, we’d like to introduce the BNY Mellon Active Wealth Accelerator, an interactive tool designed to help you assess your own financial strategies. Through a series of questions and insights, you’ll be empowered with the knowledge for how to build, grow and sustain your wealth.

 

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Discover How Smarter Spending Can Build Sustainable Wealth

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