Being Smart With $$ -- Your Choice: Smoke or Have $1,000,000

I saw someone spend $1,000,000 on cigarettes yesterday!!  Well, more correctly, yesterday I saw someone buy cigarettes and over their lifetime it will probably cost them about $1,000,000.  This 20-something smoker paid $11 for the pack.  If they smoke a pack daily between now and retirement, that is $11 per day not going into their long-term stock market account.  That cigarette money would likely be worth over $1,000,000 for them in retirement even at below historical, stock-market returns.  I hope that cigarette tastes REALLY good! Isn’t it time to make a plan for spending and saving?

Larry Pike, CFA

Client Priority Financial Advisors LLC
www.clientpriority.com