SALES WEEK: How to Identify and Refresh Your Clients’ Dusty Money
Your weekly source for webinar information and registration, as well as effective sales ideas. Sales Tip Refresh Your Clients' Dusty Money
Create greater value from underutilized assets
Dusty Money Webinar! July 22nd – Register Below Do your clients have any Dusty Money?
“Dusty Money” is a term describing underutilized or underperforming assets…which, if repositioned, can be energized to help meet financial objectives sooner.
How much sooner? Improving your clients’ rates of return by a few percentage points can trim their financial time horizons by several years!
Example Current Value: $100,000 Objective: Double the value to $200,000 Current Rate of Return: 2% Years to Double: 24 years New Rate of Return: 6% Years to Double: 12 years
Double Your Money: Rule of 72 A calculation to determine the rate of return needed to double an investment. 72 ÷ Interest Rate = Years to Double
Annual Growth Rate / Years to Double 1% – 72 Years 2% – 36 Years 3% – 24 Years 4% – 18 Years 5% – 14.4 Years 6% – 12 Years 7% – 10.3 Years 8% – 9 Years 9% – 8 Years 10% – 7.2 Years
Questions? Call Sales Support Agents.EquiTrust.com IC21-ECN-1082 FOR PRODUCER USE ONLY EquiTrust 7100 Westown Pkwy Suite 200 |