Bakari Fina ncial Solutions was born out of a need to educate families on financial principles and strategies. BFS understands that with the growing job insecurity, reductions in wages, the erosion of job benefits, oppressive taxation and debt escalation, millions of Americans are stressed and frustrated. Recent surveys have concluded that only 4% of Americans will retire with an adequate retirement fund.
The Bureau of Labor Statistics says that out of 100 people that start working at the age of 25, by the age of 65…
- 1 is wealthy
- 4 have enough money to retire
- 63 depend on Social Security or charity
- 29 are deceased
What’s shocking about these statistics is …95% of people, age 65 and over cannot afford to retire …many will be forced to work until they die. What happened to safety and security?
Bakari Financial Solutions is determined to help each individual reduce their expenses, understand taxes and its effect on their finances and terminate debt to free up income to build generational wealth.
OUR MISSION: is to educate and empower individuals on financial principles and to become financially successful based on our definition and their financial goals and needs, so the need for government assistant in their retirement years is lessened. When this is achieved, BFS will teach individuals how to invest to build cash flow-producing assets, which upon retirement, will pay for their lifestyle and provide an inheritance for their heirs.
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