The WealthAbility Show with Tom Wheelwright, CPA cover image

Retirement [7/7 Series Pt. 1]

The WealthAbility Show with Tom Wheelwright, CPA

CHAPTER

The Importance of a Present Value Formula

Andy Cevallos: I like to make it pretty simple. And so I draw simple drawings mostly because I can't draw. To me, if here's where you are today, OK? So what do I have available to myself today to be investing in order to get to my dream, which also has to be in dollars? This is why you talk about the two financial statements, right? What's my today financial statement? And what's my tomorrow financial statement? That's really what we're talking about. Then I need two more pieces of data. The first thing I need is, time. How much? What's the time frame for this? Here's a great thing

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