High income professionals earning six or seven figures often retire with less than half the income they had while working.
A Fidelity Investments study found many physicians are on track to replace only 56% of their income in retirement.
These are highly skilled people.
Highly educated.
High earners.
So what went wrong.
They mastered how to earn money.
But they never learned how to make money work for them.
Most of their wealth depends on active income.
If they stop working, the income stops.
Wealthy people think differently.
They focus on building assets that produce income without their daily labor.
Rental income.
Businesses that run without them.
Investments that compound.
When assets produce income, time is no longer tied directly to earnings.
Start learning how to build income producing assets before your career ends.