Three Phases of Wealth

Accumulation Distribution Conservation

 

Accumulation

In the wealth accumulation phase, your earned income is saved for both current and future needs and desires. While in this phase, many wealth-eroding factors could interfere and prevent you from trying to build the maximum wealth possible.

Wealth Distribution

During the wealth distribution phase, some people no longer work and earn an income. They are usually in retirement and their assets are now producing the income for them to live on. Serious financial issues could potentially derail ones retirement if strategies are not designed to work under fluctuating economic conditions and help solve the problems that may arise

Wealth Conservation

During the wealth conservation phase, the major concern for most individuals is how to efficiently and effectively pass on their wealth to future generations and charities. Many pitfalls can arise that prevent the smooth and effective transition of wealth to the next generation.

© 2003-2013 Leap Systems, LLC – LS013c-LS-R1302 – No part of this page may be reproduced, abstracted, excerpted, transmitted, in any form by any means, electronic, mechanical, or photographic, or stored in information systems, except as set forth in writing under a license from Leap Systems, LLC. Any other use is prohibited. Lifetime Economic Acceleration Process™ LEAP®, Leap System® and PS&G Model®, are trademarks of Leap Systems, LLC.