The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for. It's especially difficult for people who are retired.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $250k since then.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Leah Foster Alderman for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Most people don't understand the concept of "buying the dip" buying the dip is all about buying digital assets when their prices are down and selling off when the price rises.
Mrs Catherine adriana was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from adriana catherine
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
They teach geography in school and these kids can barely pick out 2 countries on a map. People walk around with computers in their pockets now. Anyone who doesn’t know don’t want to know. 🤷🏾♂️
Private pensions is theft. I work in the pension industry, the politicians and lobbyists who privatised pensions understood the behaviour of the avg joe and new it would result in this disaster. Personally i am doing very well as an individual, but as a patriot who wants the best outcome for my fellow countrymen, we should do what they do in other countries and just get state pension funds under public ownership (We The People) to manage pensions. Absolutely nobody needs to hit retirement and have such a low pension.
I know, right? Who is making 8x their worth? Is this like investing in a 401k at the age of 15 or basically saving from the womb? Who is making this stuff up?
I'm glad to see the younger generation starting early, at 18. If you are not in the position to save or are not thinking about it, you need to. Here are real-world facts from a working class who spent 12 years as a production hourly employee, two years as a software engineer, and 12 years in a leadership role. In 1998, as a production employee, my top pay was $17.50. Gas was $.99 per gallon. Milk was $1 per gallon. Rent was around $725 per month. A ranch-style house with four beds and two baths was around $125,000. Fast forward to today. Hourly production pay ranges between $18 - $25. Gas has been hovering around $3.80 per gallon. Milk has been around $2.99 per gallon. Rent is a whopping $1,250 per month!!! The same style home is around $285,000. The cost of life necessities has doubled or tripled in 26 years, but pay has been lagging. These are facts in West Michigan. Financial literacy is critical. You cannot outearn or outsave inflation! It is not how much money you make; it's how much you keep. The gap between income and expense can be employed to work for your future self. Money making money is much more efficient than you and I can. Creating the gap is not easy, but it is achievable with the proper education and mindset. I am 46, which makes me a Gen Xer. I'm blessed and fortunate to have turned the corner from a consumer mindset to a wealth-building mindset. But the gaps between the haves and have-nots continue to widen. The pay structure, government policies, and rising cost of living are outside my control, but I dedicate my time to inform and inspire people to achieve true freedom. If you are in a position to help those less fortunate than you, please do. Knowledge is power, and knowledge should be free.
Or instead of waiting until age 70 you can take SS now and invest it. Why wait when the SS Administration states on their website benefits will drop by 70% in ten years.
Retirement is a thing of the past, especially for millennials and gen Z. First-time home ownership is OVER in the US for middle and lower class. The only people that can afford future luxuries (like a home and retirement) are people with family that are able to help them financially.
The number of people starting in their early 20s is also increasing. This is a fact. The problem is that if you don't borrow money, you don't have money.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
People in the age range of 18-22 are not really investing just throwing a few dollars at penny stocks because of the get rich mantra created on the internet.
I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far.
There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Nicole Anastasia Plumlee is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.
Work for as long as you can. Hold off on SS as long as possible. How very encouraging. If you manage to croak at the average age in the US, you'll have about 3 to 7 years to reap the benefits of your sacrifices
No pity for these folks. If you just saved $200 per month for 30 years and grew it at 10% per year (100 year historical avg for the S&P) then you would have at least $437,754
The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for. It's especially difficult for people who are retired.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $250k since then.
This is great! think your advisor would get on the phone with an unknown? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Leah Foster Alderman for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start the year on a woodnote financially.
Thanks for keeping us buds, I got a 150K mortgage, bought 75k worth of Brett with it. from profit of 10k capital..
.......
Hello, how do you make such amount? I'm a born
christian but sometimes I feel so down of myself because of low finance but I still believe in God.
im sure you invest in crypto because it makes huge and big profit
Most people don't understand the concept of "buying the dip" buying the dip is all about buying digital assets when their prices are down and selling off when the price rises.
Sincerely speaking. I will continue to trade and stick to expert catherine daily signals and guides as long as it works well for me.
Mrs Catherine adriana was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from adriana catherine
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
If they taught finance from a young age, this would never happen. Ask yourself why they don't.
The internet has made financial literacy easy for everyone but we have to show some interest in the subject matter
They teach geography in school and these kids can barely pick out 2 countries on a map. People walk around with computers in their pockets now. Anyone who doesn’t know don’t want to know. 🤷🏾♂️
teachers are horrible at business and math in general and that includes finance.
you can teach yourself about finances. stop demanding the government do this and that, you are free to educate yourself
They do teach finances in schools. 7th grade on up. They also teach tax preparation. They have been teaching this stuff for over 40 years.
Private pensions is theft. I work in the pension industry, the politicians and lobbyists who privatised pensions understood the behaviour of the avg joe and new it would result in this disaster. Personally i am doing very well as an individual, but as a patriot who wants the best outcome for my fellow countrymen, we should do what they do in other countries and just get state pension funds under public ownership (We The People) to manage pensions. Absolutely nobody needs to hit retirement and have such a low pension.
Financial education needs to be taught in schools
It is. No one pays attention to. Geography is taught in schools and these kids barely know the 2 countries that border the US.
you are free to learn about finances
00:10 You're supposed to have at least 8x annual INCOME saved? Where did that rule come from?
I know, right? Who is making 8x their worth? Is this like investing in a 401k at the age of 15 or basically saving from the womb? Who is making this stuff up?
I'm glad to see the younger generation starting early, at 18. If you are not in the position to save or are not thinking about it, you need to.
Here are real-world facts from a working class who spent 12 years as a production hourly employee, two years as a software engineer, and 12 years in a leadership role. In 1998, as a production employee, my top pay was $17.50. Gas was $.99 per gallon. Milk was $1 per gallon. Rent was around $725 per month. A ranch-style house with four beds and two baths was around $125,000. Fast forward to today. Hourly production pay ranges between $18 - $25. Gas has been hovering around $3.80 per gallon. Milk has been around $2.99 per gallon. Rent is a whopping $1,250 per month!!! The same style home is around $285,000. The cost of life necessities has doubled or tripled in 26 years, but pay has been lagging. These are facts in West Michigan.
Financial literacy is critical. You cannot outearn or outsave inflation! It is not how much money you make; it's how much you keep. The gap between income and expense can be employed to work for your future self. Money making money is much more efficient than you and I can. Creating the gap is not easy, but it is achievable with the proper education and mindset.
I am 46, which makes me a Gen Xer. I'm blessed and fortunate to have turned the corner from a consumer mindset to a wealth-building mindset. But the gaps between the haves and have-nots continue to widen. The pay structure, government policies, and rising cost of living are outside my control, but I dedicate my time to inform and inspire people to achieve true freedom.
If you are in a position to help those less fortunate than you, please do. Knowledge is power, and knowledge should be free.
Well,....I am 64 with almost 1 million saved for retirement.,.......so I sleep very well.
Okay but the video is talking about the average 55 year old
Give me 450K and we both will sleep well.
@@keeweeow624 so what's your point
Awesome you’re in the 1%!
What kind of bail out do we get? HAHAHAHA
This lady is wrong. Take SS at 62 earliest you can. Youll be receiving money for 8 years longer. Even if it is less you can still invest and make more
It’s not the same for everyone, I have a pension and will wait thank you
@dantheman6607 id still take it at 62. Ill make more than someone who takes it at 67 or later
Consumerism at its finest! Everyone living beyond their means…
Or instead of waiting until age 70 you can take SS now and invest it. Why wait when the SS Administration states on their website benefits will drop by 70% in ten years.
Retirement is a thing of the past, especially for millennials and gen Z. First-time home ownership is OVER in the US for middle and lower class. The only people that can afford future luxuries (like a home and retirement) are people with family that are able to help them financially.
Lol 55k is less than one year annual income. What are these old people doing when they were younger? Spend every single penny. Lolll
How much you got
ever wonder what happened to those young cool kids that spent all their times partying and going out?
having fun
Yes😂
@@SaltwaterRebellionThings went to crap under GW Bush in December 2007. Look it up.
The number of people starting in their early 20s is also increasing. This is a fact. The problem is that if you don't borrow money, you don't have money.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
keep contributing to your 401K, remember you are in for the long haul, but I'd suggest you consider financial advisory
People in the age range of 18-22 are not really investing just throwing a few dollars at penny stocks because of the get rich mantra created on the internet.
0:56 this will really blow your mind… who pays for convalescence living? Do you know how much it costs?
I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far.
There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Nicole Anastasia Plumlee is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.
50k omg 😢 that’s nothing. Hope they have a pension like me
Work for as long as you can. Hold off on SS as long as possible. How very encouraging. If you manage to croak at the average age in the US, you'll have about 3 to 7 years to reap the benefits of your sacrifices
I resemble that remark... 😐
No pity for these folks. If you just saved $200 per month for 30 years and grew it at 10% per year (100 year historical avg for the S&P) then you would have at least $437,754
What do they do when it gets wiped out in a recession?