savings: Worried about What Will Happen when you Retire? - 09/17/18 09:35 AM

How many years away until you will retire?  It used to be the answer was usually 65, but as time has passed, retirement is all over the board.
While 65 is still popular, many figure out how to retired in their 50s, while others are sure that they will work into their 70s.
And then there's the question of when to begin drawing Social Security Benefits.
As both a Realtor and a Financial Strategist -- active in both for more than fifty years -- I have seen many examples in each of the categories: Before 65, at 65, and well into their 70s.
None seems … (0 comments)

savings: If You're Like Most, You Need to Think About This! - 06/14/14 10:01 PM
So how much will you have to save each month to accumulate enough money to be able to retire financially safe, and be able to live un-financially assisted for the remainder of your life?
Here's what you'll need to save  each month to have about $50,000 per year to spend and with only a marginal chance of running out of money.
25 Years Until Retirement.................$5,000.00
30 Years Until Retirement.................$4,166.00
40 Years Until Retirement.................$3,125.00
45 Years Until Retirement.................$2,777.00

Unless you are planning on your children helping you, getting a significant inheritance, or hope to depend on government assistance, you've got … (23 comments)

savings: How to End Up with Enough Money - 06/08/14 08:43 PM
How to end up with enough money
 Thursday, June 5, 2014  - Galveston County Daily News
Bill Cherry is a financial coach with
If you listen to the radio as you drive about on weekends, you probably hear the 30-minute — sometimes hour long — infomercials bought and paid for by local financial product salespersons.
They cloak that they are salespersons by calling themselves financial or investment consultants.
Some offer free evening seminars where they promise you’ll be served homemade cookies, hot from the oven, or a free dinner if you’ll … (1 comments)

savings: So How Should You Accumulate Wealth? - 05/09/14 11:15 AM
There are three objectives, and I am going to list them in the order of the most important
Your primary objective is to make certain that every dime and every dollar you accumulate is safe from loss and, as much as possible, from exposure to taxes.  We call this your Safe Money. Your second objective is to pay as little fees as you can for the services of stock brokers, mutual fund management fees, insurance agents’ commissions, and independent account managers, as well as attorneys and accountants. Your third objective is not to make an investment for the … (2 comments)

savings: IT'S TIME TO MEASURE. JOIN ME - 03/11/14 06:10 AM

Available in e-book from
20 Bucks
Here's an interesting exercise for you:
1) Look at the balance owed on each of your credit cards on December 31, 2013.  Add them up.
2) Look at the balances owed on each of your credit cards on March 1, 2014.  Add them up.
3) Subtract 1) from 2) and write down the sum.  (The sum will either be a positive or a negative number.)
4)  Now add together the total value of each of your savings, retirement, and investment accounts as of December 31, 2013.  Write down the sum.
5)  Now add together the total value of each of your … (0 comments)

savings: SO HOW'D YOU DO IN 2013? - 12/06/13 12:06 AM
So let’s see where you are.
What was your net savings in 2013?  How much did your net worth increase or decrease?
Would having a realistic, cogent plan have had more positive results?
Here is a plan that everyone can adopt in good conscious. 
Maybe it would be a good time to do that so that 2014 will prove to have better results.

Available any and everywhere that e-books are sold. 
America's Wealth Coach
972 677-7028

Here's what happened. 
On June 5th, my AR post was titled “I Wonder Why Realtors Drive a Lexus?”  To date, the AR counter shows that 9,483 of you read it, and 231 of you commented. 
Most of the 231 of you who commented defended your decision to drive a Lexus as being a Realtor's inalienable right. 
You inferred that you would rather have a high car payment than drive a medium-priced car, even if it would allow you to bank the significant difference in the payments.
I contended that it might be an easy, but significant way to save for your retirement. 
Most of you didn't … (2 comments)

savings: Reexamining the Savings Plan I Suggested. - 04/22/13 10:26 PM
The other day I wrote a piece and posted it here on ActiveRain that provided a plan for accumulating and saving $13,790.00 within 52 weeks. 
And it required no risk, and it was accomplished without the supposition of capital gains or compound interest.
Perhaps you saw it.  A bunch did. (Link)
Here’s the recap of how it works.
You deposit $10.00 during week 1; $20.00 during week 2; $30 during week 3; and so forth.
So, each week you're adding $10.00 to the amount you saved the previous week, until the last week when you save $520.00.
Without doing anything … (3 comments)

savings: Here's a Savings Plan You Should Be Able to Do. - 04/21/13 01:05 PM
This is an interesting weekly savings plan that lasts for one year. 
When it ends, you've got a lot.
You deposit $10.00 during week 1; $20.00 during week 2; $30 during week 3; and so forth.
Each week you add $10.00 to the amount you saved the previous week, until the last week when you save $520.00.
Without doing anything more than putting the money under your mattress, at the end of the year you have accumulated $13,790.00
William S. Cherry & No Company
America’s Wealth Coach
972 677-7028

savings: Here's Where You Should Match Bank Accounts. - 04/08/13 10:21 PM

While the author of this poster meant it to be funny, unfortunately it will be the acerbic reality for millions upon millions of Americans who will find themselves worn out in their later years.
They would like to enjoy the final years of life doing what they want, not what they have to in order to survive.
But they won’t be able to.
In the case of most of us, for every day we don’t have a well-tooled wealth building plan in affect and operating on all cylinders, it will translate to months at The End when we’ll be all … (2 comments)


This is more than just a family picture. 
It’s a family picture whose members represent three generations.
Each of the members has a need for financial planning.
The first generation must plan a retirement income that will adequately support them for the remainder of their lives.  And they certainly want to be able to leave at least a reasonable part of their net worth to their children and grandchildren.
The second generation must both prepare for their children’s future education as well as their own retirement.  And thrown in there is thought and preparation for what will occur when … (0 comments)

savings: You Owe It To Yourself -- See How Many of These Fit You! - 02/09/13 09:36 PM

Why You Need a Wealth Management Coach.     
Your own experience has shown you that you are making little progress in building your personal nest egg. There are so many pieces to the wealth building puzzle, you’re not only sure how or where to begin, but you need your own personal step by step strategy and someone to coach you so you'll stay on track. You’ve read books with catchy titles, heard self-appointed financial gurus on the radio and seen them on TV.  The problem is their plans and recommendations aren’t in concert with each other.  Consequently, you do … (2 comments)

savings: Shaklee, the Salvation Army, and You - 02/08/13 12:30 AM
You’ve probably heard of Shaklee.  It’s one of the oldest companies of those that use an honest and ethical marketing pyramiding sales force.
There are a couple of real estate franchise that do as well.
I have a friend who is one of the ministers for the Salvation Army.  She’s helped people all over America and a few foreign countries as well, who are down on their luck.
And she's still blowing and going even though she's in her 80s.
But no one who works in a ministerial position with the Salvation Army can expect to get financially rich.  Their motivation … (3 comments)

savings: Simple Investment Formula That Time Has Proven - 01/03/12 12:54 AM
One of the investment formulas that brought the mutual fund concept to the forefront nearly fifty years ago is known as Dollar Cost Averaging.
It works like this.
First, you make three decisions:
·        What mutual fund will you choose to manage your investment account?
·        How much will you invest each month in that account and when?
·        What will trigger beginning to withdraw, i.e., sell shares from that account?
So perhaps your decisions set up the following:
·        You will pick and open an account in January 2012 in the XYZ Growth Fund. Your initial investment is $1,000

BILL CHERRY, Broker & Wealth Coach (Bill Cherry, Realtor) Rainmaker large


Broker & Wealth Coach

Dallas, TX

More about me…

Bill Cherry, Realtor

Address: 9936 Winalcke Circle, Dallas, Tx, 75238

Office: 214 503-8563

Mobile: 903 306-5595

Email Me

This is the place where we discuss how to manage commissions from real estate sales so that you will accumulate wealth. Call me 972 677-7098




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