Pinnacle Wealth Solutions
0438 460 860 FREE Consultation
Mon - Fri 9.00 - 17.00 Sat/Sunday CLOSED
PO Box 204 Emu Park Queensland, AUS 4710
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Pinnacle Wealth Solutions
  • Company Info
    • Company overview
    • Company history
    • Our approach
    • Our partners
    • contact us
  • Services
    • Lo Doc Loans
    • Residential Loans
    • Refinance Loans
    • Wealth Creation Strategies
    • Wholesale Property Construction Loans
    • Commercial Loans & Leasing
  • Testimonials
  • Apply Now
  • Blog
  • Contact us
0438 460 860 FREE Consultation
Mon - Fri 9.00 - 17.00 Sat/Sunday CLOSED
PO Box 204 Emu Park Queensland, AUS 4710
  • Queensland Office

Queensland Office

contact details

  • PO Box 204 Emu Park
    Queensland, AUS 4710
  • 0438 460 860
  • admin@pinnaclewealth.org

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    Tony Beardmore
    Tony Beardmore
    CEO
    Email: tony@pinnaclewealth.org
    Tracy-Buckler
    Tracy Buckler
    Client Services
    Email: tracy@pinnaclewealth.org

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    Pinnacle Wealth Solutions

    3 days ago

    Pinnacle Wealth Solutions
    What's Your Wealth Number 🤷🏻‍♀️ There are two important parts to answering the Wealth Number question...#1: If You Stopped Working Today…That means there are no more paychecks coming your way. For whatever reason, you can no longer work for a business or job, so no income is coming in from those sources.#2: How Long Could You Survive Financially?We’re talking about survival at your current standard of living, not if you downsized your house, sold your car and rode the bus, stopped eating out, and so forth. Given your current level of expenses, how long would your money last?For our purposes in calculating your Wealth Number, your money consists of anything that can be converted into cash today like... But it does not include selling your jewelry, your furniture, or your second car, for example, because that would lower your current standard of living. It does include cash flow from dividends, rental real estate, and other investments that produce income without your effort.You’ll also need to determine what your monthly expenses are. Once you know your total monthly expenses and your sum total of money available, you can determine your wealth by dividing your total sum of money available by your monthly expenses. Here's the formula:Your available money / Your monthly expenses = your wealth numberOnce you do the math and divide how much money you have available by your monthly expenses, you end up with your wealth number. Your Wealth Number is measured in time—in this case, in months.For example, if your total amount of money is $25,000 and your total monthly expenses are $5,000, then you divide $25,000 by $5,000 and you get 5. This is your Wealth Number 👍It means that you could survive for 5 months on the money you have currently available without working. This calculation will reveal the exact number of months you could survive if you (or both you and your partner) stopped working today.So, what’s your number?Robert Kiyosaki ... See MoreSee Less

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