The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
I've stuck with ‘’Amy Lea Kohlert” for about 9 months now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for sharing, I must say, Amy appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
The secret is to put money away every paycheck. He says 15% but I think you check out the budget for some extra. Put it into an SP index fund. Do not touch it. Just let it grow. If you are spending 10 hours a week worrying about it now,use that time for a hustle and tuck that away. Trying to work the market is a mugs game. It can be done by a few people but you don’t d sound like one. 10 years from now your index fund in your Roth IRA will be doing great. Or 401k.
Indeed, It has always been tougher to understand how to build your money after retirement and even more so right now with the inflation. You can experience a completely varietied market passively by employing a successful portfolio-advisor.
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 last year due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I've made over $250k since then
Most people don’t realise it, but the secret to retiring comfortably is finding a way to make returns while your money works for you. My dad, as I remember, started saving for retirement quite late, but I know he was making more than 10k returns from his investment monthly and it was completely passive.
Haha. Investing enthusiast? Not really. Our family got introduced to a financial advisor about four years before my dad retired. That was what changed things. I've been using the same now and I think my retirement income would be on the right track.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.
Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Vivian Jean Wilhelm turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.
Yeah, people miss that part. You don't jet out to Puerto Rico with your life savings. Proper investing and a good business acumen are big pluses. Invest in the stock market, real estate, build businesses. That's just it.
Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e a financial advisor. You could anywhere between 10--40k with the right ones. Online businesses are a good bet too if you are savvy.
Yes indeed.... *Izella Annette Anderson* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.
this is huge! mind if I look up the advisor that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I searched and located her on the web, I sent her an email, and scheduled a call; hopefully, she will reply because I want to start off the new year financially strong.
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
My CFA “Stacy Lynn Staples” 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.
Am 58 retiring next year but the thought of retirement gives me weakness. 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 never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
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 my funds and make profit from my portfolio this red season. I’ve made over $250k since then.
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
These days, retirement is harder than it used to be. Rather than investing, I have been saving for a very long period. I'm thinking of investing in stocks because of all the inflation, but I'm not only familiar with market tactics.
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldn't have to worry about savings as you do now. Thanks to my FA, my portfolio is doing really great and i'm proud of the decisions i made last year.
Nice. People often underestimate financial advisors importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..
Rebecca Noblett Roberts has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
I just looked her up on the internet and looked into her credentials. I wrote her a letter outlining my financial objectives and planned a call with her.
My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
I’m 77 and still working full time. I do enjoy my work, it provides me with purpose and has secured my financial future. Most people are too eager to retire as early as possible. Even if you do retire early, best to get a part time job for the reasons cited above, as well as following many if not all of the suggestions in this video.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
absolutely you are right Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effective profit.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional i am grateful to Michelle sule
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to sule michelle for I and my family
Working with her has been a game-changer for my financial well-being. Her ability to simplify complex financial concepts and provide tailored solutions is commendable. Francine passion for her work shines through, making the financial planning process not only effective but also enjoyable..
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Wendy Hubbard Stewart for helping me achieve this
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
I’m 34 years old and I am just starting to invest for the first time in my life. I have started contributing to my 401K and opened a Roth IRA with automatic contributions. My question is, does asset allocation even matter early on, or am I just overthinking this?
There’s a lot to decide on… How much do you want to carry in international, small value, bonds, etc. Most times it is better to just delegate your day-to-day investing to someone of great expertise. Investing with the help of a financial advisor set me up for life, retired as a millionaire at 55. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. But if it wasn't for the covid-19 lockdown, I wouldn't have supplemented my income with stocks and alternative investments.
good gains! who is this professional that guides you please? enthused about investing for my eventual retirement but don’t know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow
CELIA KATHLEEN MARTEL is the licensed advisor I use. Just google the name and you'd find necessary deeds. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
It’s recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving that percentage can ensure that you have enough to venture into the market and diversify. You can take advantage of compound interest and potentially grow your portfolio over time.
Effective personal finance management is more important than the amount of money saved,regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize positive financial outcome.
This is precisely why I like having a Finance professional guide my day-to-day market decisions; with their extensive knowledge of the market dynamics in play, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns. I’ve been utilizing a finance strategist for over a year now and my portfolio has made a killing.
I appreciate the implementation of ideas and strategies that result to that sort of progress in the stock market. Being heavily liquid, I’ll rather not reinvent the wheel, thus the search for a reputable financial strategist.
A common shred of advice I've been given by people I know that are extremely wealthy is that you'll never become a multi-millionaire solely working for someone else (i.e a 9 - 5)
And a dash of "luck." Every wealthy person can point to the exact moment in their life that opened the door for them to be where they are now. Usually, it is simplified down to "right place right time" because nobody recognizes the hard work and long hour grinds that they were making.
Hi, everyone needs a bit of luck, you could say getting bullied by my manager was my piece of luck. Without that I may still be where I was if I had not been strong enough to leave. Luck comes in all sorts of ways, you have to put yourself in a position to take advantage of it when it comes. Good luck.
Luck played a big part in my success too. I was clueless about investing until I met the right professional, and that connection changed everything. A few smart moves, and my finances took off. Right person, right time!
I've experimented with a few over the past years, but I've stuck with ‘’Kristin Amy Rose” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Finding financial advisors like “Jessica Lee Horst” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
My husband died 3 yrs ago at 59 years old. He saved his entire life and never got to retirement. Thankfully, he had the wisdom to marry me, and I made him live life!! We traveled, we had kids, we camped, we went to spas and the beach, and we hosted so many parties! I miss our life, it was a dream! So, if your life is not a dream, ask yourself what the heck you're doing?!?!? LIVE NOW!!!!!!!!!!
Sorry for your loss. My mother worked until retirement, saving to travel the world and see all her relatives on the other side of the world. Got cancer. Too unwell to travel. Passed away. Dad followed a few years later.
I need to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K from my cash savings.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with Monica Shawn Marti years and highly recommend her. Look her up to see if she meets your criteria.
*Amazing video despite the economy disaster and political war in the country, investment remains best for earnings. Imagine you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Maria Frances Hanlon, has been an amazing experience.
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Maria Frances 😊🎉
Planning ahead can really minimize taxes! I’ve made a smart reinvestments, especially with some great guidance from a pro for a half year now, and it’s been a game changer. I was able to reinvest my RMD strategically, and I’m now pulling in about $25k a week, despite doing very little trading myself. It’s a nice cushion against financial stress. Best of luck with your RMD decisions!
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
There is a lot of people sharing advisor's name here which i think is common now, but my advisor's name is `BONITA JEANETTE RODRIGUEZ’. i will recommend you to search her up and see the difference.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
In my 50s, I'm focused on investments for retirement. I've heard of people generating substantial passive income, like someone who earned $200K under a year. What's the strategy for such returns?
As a regular investor, it is difficult to outperform the market. Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
My financial advisor has been a game-changer, providing clarity and boosting my confidence in navigating finance. With their help, I've achieved my goals faster than I imagined. Highly recommend!
I’m currently retired, and considering the current rollercoaster nature of the stock market, I decided to stay on the sideline for awhile, now I’m worried with the numerous bank failures as of late, am I better off reinvesting my savings in the stock market or do I wait?
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Julia Hope Marble is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I've been an investor in Apple,Tesla because I strongly believe in the company. I've always believed in the stock, but now I don't know if i am to re-distribute my portfolio and put some money in Nvidia. especially now that we are experiencing a market correction.
I retired 2 years ago at age 55 paid off my mortgage.. Til date we have not touched a dime of our retirement money. I have 3.5M in my portfolio. It took me 10 years to get to this goal. I started with 70K through my CFA ‘Diane Sarah Olson’ My dividends are supplementing my retirement at the moment. It takes time and I invest in good companies. I never sell the chicken that lays the egg (dividends). I just eat the egg
Looks like she really knows her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive.
The continuously changing economic conditions in our society have made it necessary for thousands of peopleto find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $200k in a savings account that i want to invest in a non-retirement account. Where should I invest it now?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1.2m in gains… might not be a lot but i'm financially secure.
My CFA 'Grace Adams Cook' , 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.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@lennoxmutterick6434 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro.Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Planning for retirement can be so confusing, especially with all the new numbers for 2024. How much is really enough to retire comfortably without constantly worrying about outliving your savings?
Totally agree. It feels like the goalposts keep moving. I'm trying to figure out the right balance between saving and investing to ensure I can maintain my lifestyle.
It's a tough question. The cost of living keeps rising, and it's hard to predict future expenses. I’ve been considering various retirement calculators, but they all seem to give different answers.
I'm curious if anyone has had success working with a financial advisor to plan their retirement. It seems like having expert guidance could be crucial in getting a realistic target number."
Opting for an inves-tment advisr is currently the optimal approach for navigating the markets particularly for those nearing retirement. I've been consulting with a coach for a while, and my investment portfolio has surged by 85% since 2022
I retired 8 years ago at age 55. Sold my home, gave away belongings, except for my car, in order to travel the world. As a divorced mother of 3 adult children and now 1 grandchild, it was important for me to be in my home city 5 months of the year. I stay with family, friends and Airbnbs as needed. My teaching pension has provided me with sufficient income to do everything I want and next year I will collect my CPP, a Canadian pension plan that will give me an additional $900/month. I have not had to touch my savings. I have now explored 67 countries mostly solo and without tour groups. Living MY retirement dream!
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
On the grand scheme of things, once you understand the potential of trad!ng, you can bet on it but I think people need the education to fully understand...
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??
Agreed, having a good financial advisor is invaluable, my portfolio is well-matched for every season of the market and has just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
*Julianne Iwersen-Niemann* is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I retired @ 55. The best decision I ever made. I play golf a minimum of 3 days a week. My health and wealth has increased over the past 18 months! Do it.
I’d be retiring or working less in 5 years, and curious to know how best people split their pay, how much of it goes into savings, spendings or investments, I earn around $250k per year but nothing to show for it yet.
money advice is subjective, what works for you may not work for me. I would suggest getting rid of any unnecessary purchases, especially things that cost you monthly, or better still consider financial advisory
Agreed, I'm quite lucky exposed to finance at early age, started full time job at 19, purchased first home 28. Going forward, got laid off 36 amid covid-outbreak and at once consulted an advisor. As of today, I'm barely 10% short of $1m after 100s of thousands invested.
@@everceen retired in my 40s after inheriting money from a childless relative, traveled overseas and found a girl almost my age, happily married but only issue is how to grow and preserve our wealth... think your advisor can be of help?
Karen Lynne Chess is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Karen Lynne Chess on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
I retired at 51 after 30 years as a professional engineer and executive at a large company. Went back two years as a contract employee at full pay with no direct reports. Now I do consulting work from time to time to keep sharp. My health is better than ever. I work out everyday, consume healthy foods and get plenty of sleep. While working like a dog 50-80+ hours a week, I didn't realize how sleep deprived, stressed out and exhausted I was. My advice is to live below your means, live debt-free, don't worry about the Joneses, save, invest and get out of the "rat race" as soon as financially possible. After all the worldwide traveling I did as an engineer, the last thing I want to do is travel.
I retired at age 53, so I am in my early 60s. Many of them resisted me because they couldn't understand the idea of not working if it wasn't necessary. I considered the phases of my life. I worked very hard to achieve what I have now, but in my last years, I owe it to myself to "stop and smell the roses." In my instance, I departed the nation after retiring and currently reside in Latin America. It made it possible for me to appreciate my new surroundings while escaping all the bad things that were going on in America. Nobody that I know of regrets retiring has yet to come to me
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation
I definitely share your sentiment about these firms. Finding financial advisors like Joseph Nick Cahill who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them
1. No debt 2. Place your living in is paid off 3. cars paid off 4.no credit card debt 5. have a budget and be able to pay your housing expenses, utilities, food and taxes each with month 6. have a monthly stream of income i.e. social security or other investments to be able to float item 5. There ya go!!!!!
From u.k Got offered the chance for early retirement at 55 after 35 yrs with same company. 67 now, the best thing I ever did! I have a handful of friends I’ve known for over 50 yrs. Not enough hours in the day! Play guitar, walk, read, RUclips, music!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I invested in some stocks myself using pure speculation. Long story short, I blew my account and lost it all. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $16k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 81k in roi, I sit back and just reinvest at intervals while I handle my other career and family.
Thank you for this lead. I mailed him. Did my due diligence on him before we scheduled a chat. Also, brilliant resume I must say! I intend on getting started right away.
I got "retired" by the evil corporation at age 54, and definitely was not ready to retire for real. Started my own business and have now been able to ramp my hours down and ease into full retirement. I'll be 68 by the time I'm fully retired by the end of the year. I should have retired sooner, but honestly I was not ready psychologically. Now I am!
After my sister-in-law passed away from pancreatic cancer at age 58, I retired four months earlier than planned. Once you spend time you can’t get it back! Retirement is all about freedom but, ultimately it is your health that dictates how much freedom you are going to have!
I retired a week ago at age 62. I had a lot of anxiety about it leading up to leaving the work force, but that anxiety is GONE. I have my life back!! So so so glad I sad goodbye to the stress that was literally killing me. Many co-workers came to me a couple weeks before I left and told me I physically already looked like a gorilla was taken off my back. They weren’t wrong. My new found happiness is just now settling in.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I retired at 57, 7 years ago. My wife and I saved and invested early allowing me to exit the workforce when I did. She stayed home after our first was born and has not worked since (25+ years). House is paid off, kids college tuitions fully funded, have two late model cars fully paid off, travel extensively and do not forsake anything we need. I actually have more income coming in today than when I was working. We are not special and believe most people can do this with the appropriate level of planning and discipline. The key message I would communicate to others is don't delay retirement if you have the financial wherewithal to do so. Too often I have seen many people delay retirement and then experience health issues which constrain the very things they wanted to do post-retirement. Moreover, the most significant benefit of retirement for me is that I no longer have to deal with people I do not want to. That has proved to be the ultimate blessing.
I retired at 55 and planned it some 30 years. The day I could retire on my 55 birthday I did and moved to Thailand. I live like a king here and would be a pawper in the UK. It was a No brainer. 11 years retired now and loving it. Your right we just don't know when our last breath will be.
When I hit 30-years working at "my company", I retired because my wife's and my medical insurance were covered. I figured the rest out as I went. Best decision ever!
Yes, I was thinking of retiring but now my partner was diagnosed with stage 4 terminal cancer. Now I plan to keep working for longer to keep our insurance to pay for treatment. Life comes with surprises. But I’m committed to taking care of them.
Research Sir Jason Winters Tea, know to reverse stage 4 cancers. Best of luck. I take it regular as a preventative and I suggest you do the same. We live in a toxic world.
I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I has spent same number of years in the civil service, she is investing through a wealth manager and myself through the 401k. We both still earning towards having our retirement.
This is true. I'm in my mid 40's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $800,000 by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you on things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Fantastic video! I have incurred so much losses trading on my own.... I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
My beautiful wife past away last year at the age of 40. I was let go of a company of 30 years cause i took to much time off caring fulltime to my sick wife. After her passing i never went back. I saved my a$$ off and now care for my 2 small children. Living on my wifes social security and dividends. Tomorrow is not promised.
I'm about 1-2 years away from early retirement, though I may do another year (3 years); I'm buying my toys now, getting repairs done, etc. while still working. once I retire, I plan to enjoy my hobbies and interests to their fullest, while I enjoy them now too.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kimberly Ann Doran.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
33 years at UPS. I'm done in 10 months at 55. Saved up and have pension and healthcare. I missed out on a lot working weekends and nights plus holidays. If I don't retire at 55 I forfeit my pension payments but will get more per month for every year I complete which isn't happening.
Questions 1-5 = no Question 6 = yes But at 53 years of age, I had enough and retired anyway. I have never regretted retiring, and my net worth has nearly doubled since retirement. I'm the best boss I have ever had. Someday, I just might tell myself to do something.
I retired 16 months ago from the federal government and am enjoying it for the most part. I did miss it for a few months but have adjusted to the time I now have to do things, what ever I want when I want. With a pension, VA benefits and TSP I am not very concerned about money….. retire when you are ready to, not when someone tells you to. Find a financial planner, understand what money you have and will get and what you want to do in retirement
Retire as soon as you can !!! My next door neighbor, worked all his life building a multi million dollar company, prostate cancer at 58, died at 59. I retired at 60, have not regrated a day since, two pensions, small savings....live frugal and enjoy life, it can be gone in a instant.....
Yes, retired 8 years ago and still watch a couple of hours of TV: In USA and Mexico every year, also Portugal, Spain, Costa Rica, and a few other places. Tonight will watch a little after dinner. In our 5th wheel sitting on the Columbia River Gorge
I’m out of the country 6 months a year or so in retirement, and have somehow managed to experience many amazing things. I’m not sure how I ever had time to work. I retired at 57, but regret not having tapped out 5 years earlier. I do watch tv during football season.
God love them. If all I had to do was watch modern television and reality shows,I wouldn’t t need a retirement, I would kill my self. Thank God for 60’s and 70’s sitcoms 🙏
I had a 5 year holiday aged 41 - 46 and it was the best decision I ever made - I'm 70 now and will probably work another 2-3 years but couldn't do now what I did then . Great memories.
"Yes" to "hard-yes" across the board. I've rounded up retirement three times, have worked more than 2/3rds of my life, and am considering my exit date in the context of payout dates. Thanks for the extra confirmation.
These are not quite the 6 questions I ask myself as I am still working, but for some of us, retiring at 65 or before is a pipe dream. We HAVE to work. Social Security doesn't have the funds enough to get us out of living check to check (i.e., my rent would take 2/3 of my monthly SS pay). I live in a 55+ retirement community, but I can now see why my neighbors never seem to leave the property....they can't afford to!
We worked with Patrick to plan our retirement. He was EXCELLENT. Very thoughtful and took time to know us and our plans. His materials were top notch and easy to understand. As retirement approaches, we know exactly where we are and how to keep sight of our goals. Working with Patrick was better than a math exercise - it was an exercise to build piece of mind and have a roadmap for our retirement years. He also takes a LOT of time to encourage thoughtful retirement - including focus on quality and happiness. Can’t recommend him highly enough!
Thank you for your videos mate.. . Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Evelyn’s trading ideas and signal tips for your portfolio growth and aggressiveness. She is a woman who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is. Evelyn Infurna’s trade signaIs does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path...
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience…
thanks for putting this out, curiously inputted Evelyn Infurna on the internet, spotted her consulting page no sweat, and was able to schedule a session ... she actually shows a great deal of expertise from her resumé
Answering question number six with YES was enough for me to decide less than one year ago to retire, which happened just last week at age 60 ! And indeed I know very well what to do with my time ...........
I know zero about wealth creation but I did know all 6 points in this bullet post Working for glitter and splash is fine to experience its textures but reality is, your soul needs something far deeper to brush happiness. Inside every living person is a vast internal Universe, take some time exploring it.
Australia has free public health care called Medicare and an Aged Pension for all that need it. Taxes are higher than the US but those taxes are like buying a subscription in system that gives you peace of mind.
You can always make more money but you can never get back time. Retire when you can. You can enjoy a lot of things in retirement that cost very little…
Excellent! We retired early with no debt, house paid off. We saved enough to limit our retirement annual income so we used the subsidized heath care (Obamacare) until Medicare kicked in at age 65. That put our tax bracket at 12% and we saved over $25,000 in annual health insurance premiums.
I retired at 61. I am very lucky to have pensions and Social Security. You have to learn to live within your means. Especailly before you retire. Makes the change a lot easier.
Those are the stories I love to hear! People with 1 + million....... what the hell are you waiting for!? Happy for you and sounds like a great retirement life.
Two suggestions for your shoulder knot (these saved my life): 1. Switch mousing hands - takes some adjusting, but trust me, you Can do it. Alternate each Monday. 2. Go to an experienced dry needler|sciatic specialist. They can release the knot in a way that no amount of massage, hot tubs, or hot pads ever will.. Seriously! Life changing!
I’m 55 and looking to retire at 59. My job is well paid, work from home now and stress free. I have zero commute go for a walk morning lunch and evening. Cook tea etc. this will be my last job. I’ll never travel to the office again.
63 and got laid off in May. Thought about getting another job for about a week then it became brutally obvious that nobody will hire an engineer of my age. So...I guess I'm retired. I went through the numbers with my fidelity guy and moved the 401k to a retirement account. Cobra and unemployment for now. Got a kitchen clock with days of the week on it. Only issue now is a 17 year old shihtzu that is preventing me from traveling but that's ok. Resealed the driveway and did bakery sales at a fleamarket. No more weekly highlights, quarterly reviews, timecard, or late night meetings with Singapore. The guys back in the office are having to take on what I was doing and the company stock is now well below a dollar a share. I was lucky. And compared to a lot of folks (including my brother). I'm really lucky to be able to hang up my spurs while I'm still abouvethe grass.
I ramped down to 30 hour work weeks for my last 2 years of work. Retired a year ago. It's wonderful. My friends tease me because I choose to work 6 hours a month now.
Yes, same here. I ramped down and only work about 20 hours a week now. My lead is a little bit ticked because it's much harder to be a half man down. My co-workers are saying, "You're always out". That's the perks of stockpiling vacation. I will retire in a few months and probably look a two day a week job for 4-6 hours per day or something like that. I don't want to commute for more than 15 minutes.
I'm 621/2 now and I made my connections early in life to have funds in the market and collect a pension. I now work part time and my house and vehicles are paid off. The best way is to get into a 403b or 401k early and make any payments you can afford.
I was a computer application manager and at the end of the my career facing the very same decision two years ago. After the pandemic I landed a job where I could work from home, make great money with a very good company, good boss and team to work with plus I was doing important work. These were all the ingredients for a great job, only problem was that after close to 49 years of work I was spent. I didn't care anymore and did not want to pretend I cared. It was time to retire and move on to phase two of my life and do the work I wanted to do!
There are actually people out there who enjoy their work, so are in no hurry to retire. I work with a 73 year old and an 84 year old who love what they do, and don't know why they would give it up. They take time to travel and visit family, and don't work long hours. To each their own.
Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means. I have managed to grow a nest egg of around $600k to a decent 7 figures in the space of a few months. Sad to say but a lot of us have poor money management skills. My 2 cents -get an advisor to keep you accountable and aid you make better decisions, Donna Mikalonis has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get >burned.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
With 2 TKR's working for the USPS as a Letter Carrier where my Route have added blocks on my Route that made it longer than it was when I first started and dealing with on and off pain in my right knee. I listened to my body and I retired 7 1/2 months ago and recieving my pesnion but I'll be dame to ever work again jsut to get an extra buck. Now that I'm retired I no longerless stressed out dealing wit hday to day b.s. I'm siling more more everyday and it was the best hing that ever happened.
*Honestly i feel right now e commence among other sectors* *are expected to really see growth but who know i might be wrong, These days the market is filled* *with surprises*
I initially planned to retire at 62, working part-time while saving money. But steep price increases have disrupted my plan. I wonder if those who experienced the 2008 financial crisis had it easier than my current situation. The declining stock market has lowered my income, and I'm worried that my reduced contributions will leave me with insufficient retirement savings.
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
I suggest formulating a diversification strategy as constructing a strong financial portfolio has become more challenging post the onset of COVID. A coworker proposed the idea of enlisting the services of an advisor. I can personally attest to the success of this approach, having earned more than $120K with their guidance amidst the market turmoil. They employed defensive tactics to safeguard my portfolio and generate gains despite the market's fluctuations.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
A Financial Planner told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. How can take advantage of compound interest and potentially grow your retirement savings overtime?
That is exactly the reason I stopped trusting the financial advice of RUclipsrs; in the long run, I only end up with a jumbled collection of stocks and bonds. Whereas all I needed to earn over $350k in less than two years was guidance from a true market expert.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?
I've stuck with ‘’Amy Lea Kohlert” for about 9 months now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for sharing, I must say, Amy appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
The secret is to put money away every paycheck. He says 15% but I think you check out the budget for some extra. Put it into an SP index fund. Do not touch it. Just let it grow. If you are spending 10 hours a week worrying about it now,use that time for a hustle and tuck that away. Trying to work the market is a mugs game. It can be done by a few people but you don’t d sound like one. 10 years from now your index fund in your Roth IRA will be doing great. Or 401k.
Indeed, It has always been tougher to understand how to build your money after retirement and even more so right now with the inflation. You can experience a completely varietied market passively by employing a successful portfolio-advisor.
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 last year due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I've made over $250k since then
Mind if I ask you to recommend this particular manager?
Please Google Rebecca Noblett Roberts and do your own research. She has portfolio management down to a science
I ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Most people don’t realise it, but the secret to retiring comfortably is finding a way to make returns while your money works for you. My dad, as I remember, started saving for retirement quite late, but I know he was making more than 10k returns from his investment monthly and it was completely passive.
This is really amazing though. I'm curious as to how he did it. Was it real estate? Or he was a market enthusiast?
Haha. Investing enthusiast? Not really. Our family got introduced to a financial advisor about four years before my dad retired. That was what changed things. I've been using the same now and I think my retirement income would be on the right track.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.
Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Vivian Jean Wilhelm turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.
Yeah, people miss that part. You don't jet out to Puerto Rico with your life savings. Proper investing and a good business acumen are big pluses. Invest in the stock market, real estate, build businesses. That's just it.
Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e a financial advisor. You could anywhere between 10--40k with the right ones. Online businesses are a good bet too if you are savvy.
@@CliveBirseThis aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
Yes indeed.... *Izella Annette Anderson* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management
Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.
this is huge! mind if I look up the advisor that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I searched and located her on the web, I sent her an email, and scheduled a call; hopefully, she will reply because I want to start off the new year financially strong.
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
My CFA “Stacy Lynn Staples” 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.
Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
Am 58 retiring next year but the thought of retirement gives me weakness. 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 never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
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 my funds and make profit from my portfolio this red season. I’ve made over $250k since then.
Mind if I ask you to recommend this particular coach you using their service?
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
These days, retirement is harder than it used to be. Rather than investing, I have been saving for a very long period. I'm thinking of investing in stocks because of all the inflation, but I'm not only familiar with market tactics.
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldn't have to worry about savings as you do now. Thanks to my FA, my portfolio is doing really great and i'm proud of the decisions i made last year.
Nice. People often underestimate financial advisors importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
Rebecca Noblett Roberts has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
I just looked her up on the internet and looked into her credentials. I wrote her a letter outlining my financial objectives and planned a call with her.
My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
I’m 77 and still working full time. I do enjoy my work, it provides me with purpose and has secured my financial future. Most people are too eager to retire as early as possible. Even if you do retire early, best to get a part time job for the reasons cited above, as well as following many if not all of the suggestions in this video.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
Mind if I ask you to recommend this particular coach you using their service?
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Wow that's huge, how do you make that
much monthly in this economy
absolutely you are right Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effective profit.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional i am grateful to Michelle sule
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to sule michelle for I and my family
Working with her has been a game-changer for my financial well-being. Her ability to simplify complex financial concepts and provide tailored solutions is commendable. Francine passion for her work shines through, making the financial planning process not only effective but also enjoyable..
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Wendy Hubbard Stewart for helping me achieve this
I'm surprised that you just mentioned and recommended Wendy Stewart, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
You trade with Wendy Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
I’m 34 years old and I am just starting to invest for the first time in my life. I have started contributing to my 401K and opened a Roth IRA with automatic contributions. My question is, does asset allocation even matter early on, or am I just overthinking this?
There’s a lot to decide on… How much do you want to carry in international, small value, bonds, etc. Most times it is better to just delegate your day-to-day investing to someone of great expertise. Investing with the help of a financial advisor set me up for life, retired as a millionaire at 55. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. But if it wasn't for the covid-19 lockdown, I wouldn't have supplemented my income with stocks and alternative investments.
good gains! who is this professional that guides you please? enthused about investing for my eventual retirement but don’t know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow
CELIA KATHLEEN MARTEL is the licensed advisor I use. Just google the name and you'd find necessary deeds. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
It’s recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving that percentage can ensure that you have enough to venture into the market and diversify. You can take advantage of compound interest and potentially grow your portfolio over time.
Effective personal finance management is more important than the amount of money saved,regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize positive financial outcome.
This is precisely why I like having a Finance professional guide my day-to-day market decisions; with their extensive knowledge of the market dynamics in play, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns. I’ve been utilizing a finance strategist for over a year now and my portfolio has made a killing.
I appreciate the implementation of ideas and strategies that result to that sort of progress in the stock market. Being heavily liquid, I’ll rather not reinvent the wheel, thus the search for a reputable financial strategist.
Do you mind sharing the info of the person guiding you?
Quite a different yet interesting outlook on how to enter the market. I’m quite interested myself.
A common shred of advice I've been given by people I know that are extremely wealthy is that you'll never become a multi-millionaire solely working for someone else (i.e a 9 - 5)
And a dash of "luck." Every wealthy person can point to the exact moment in their life that opened the door for them to be where they are now. Usually, it is simplified down to "right place right time" because nobody recognizes the hard work and long hour grinds that they were making.
Hi, everyone needs a bit of luck, you could say getting bullied by my manager was my piece of luck. Without that I may still be where I was if I had not been strong enough to leave. Luck comes in all sorts of ways, you have to put yourself in a position to take advantage of it when it comes. Good luck.
Luck played a big part in my success too. I was clueless about investing until I met the right professional, and that connection changed everything. A few smart moves, and my finances took off. Right person, right time!
Glad to have stumbled on this comment,, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them??
I've experimented with a few over the past years, but I've stuck with ‘’Kristin Amy Rose” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Finding financial advisors like “Jessica Lee Horst” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
My husband died 3 yrs ago at 59 years old. He saved his entire life and never got to retirement. Thankfully, he had the wisdom to marry me, and I made him live life!! We traveled, we had kids, we camped, we went to spas and the beach, and we hosted so many parties! I miss our life, it was a dream! So, if your life is not a dream, ask yourself what the heck you're doing?!?!? LIVE NOW!!!!!!!!!!
Sorry for your loss. My mother worked until retirement, saving to travel the world and see all her relatives on the other side of the world. Got cancer. Too unwell to travel. Passed away. Dad followed a few years later.
Why? You don’t offer any rational for being so selfish.😊
Humble much? 🤦♂
I front loaded my life as well, full and fun. I may not die wealthy, but I'll definitely die rich.
You need money to live life. Good for you
I need to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K from my cash savings.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
pls how can I reach this expert, I need someone to help me manage my portfolio
Monica Shawn Marti is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with Monica Shawn Marti years and highly recommend her. Look her up to see if she meets your criteria.
*Amazing video despite the economy disaster and political war in the country, investment remains best for earnings. Imagine you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Waking up every 14th of each month to 210,000 dollars it’s a blessing to I and my family… Big gratitude to Maria Frances Hanlon🙌
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Maria Frances Hanlon, has been an amazing experience.
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still
believe in God
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Maria Frances 😊🎉
Planning ahead can really minimize taxes! I’ve made a smart reinvestments, especially with some great guidance from a pro for a half year now, and it’s been a game changer. I was able to reinvest my RMD strategically, and I’m now pulling in about $25k a week, despite doing very little trading myself. It’s a nice cushion against financial stress. Best of luck with your RMD decisions!
I signed up for a 1-on-1 trading session. It's like copy trading, but with personalized guidance.
the session was secure and a supportive way to improve your trading skills while earning, the best part is there's no upfront payment required at all
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.
I suggest consulting with Dave for guidance, This way you can get strategies designed to address your unique long/short-term goals
who is Dave, if you dont mind me asking?
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
There is a lot of people sharing advisor's name here which i think is common now, but my advisor's name is `BONITA JEANETTE RODRIGUEZ’. i will recommend you to search her up and see the difference.
Her name is 'BONITA JEANETTE RODRIGUEZ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
In my 50s, I'm focused on investments for retirement. I've heard of people generating substantial passive income, like someone who earned $200K under a year. What's the strategy for such returns?
As a regular investor, it is difficult to outperform the market. Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
My financial advisor has been a game-changer, providing clarity and boosting my confidence in navigating finance. With their help, I've achieved my goals faster than I imagined. Highly recommend!
Your advisor appears skilled. How can I contact them? I've recently sold property and aim to invest in stocks, seeking guidance.
*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I’m currently retired, and considering the current rollercoaster nature of the stock market, I decided to stay on the sideline for awhile, now I’m worried with the numerous bank failures as of late, am I better off reinvesting my savings in the stock market or do I wait?
Dollar-Cost Averaging is wise, especially in volatile markets. Considering the market conditions you've mentioned, thorough research is essential
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this?
Julia Hope Marble is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I've been an investor in Apple,Tesla because I strongly believe in the company. I've always believed in the stock, but now I don't know if i am to re-distribute my portfolio and put some money in Nvidia. especially now that we are experiencing a market correction.
I have also considered using an FA but I don't know how to go about it. Please, what are the steps for getting one? Like a really good one.
Thank you for the recommendation. I'll send him an email, and I hope I'm able to reach him and connect.
SCAM SCAM SCAM...don't do it!
I retired 2 years ago at age 55 paid off my mortgage.. Til date we have not touched a dime of our retirement money. I have 3.5M in my portfolio. It took me 10 years to get to this goal. I started with 70K through my CFA ‘Diane Sarah Olson’ My dividends are supplementing my retirement at the moment. It takes time and I invest in good companies. I never sell the chicken that lays the egg (dividends). I just eat the egg
Truly It’s all about accumulating wealth through compound interest investments.
Consistently investing in quality dividend paying companies over the long term is a relatively easy strategy to create generational wealth
Looks like she really knows her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive.
SCAMMER!
Congratulations!
You have done extremely well. I would love to get some advice from you if possible. Keep up the good work enjoying your retirement.
The continuously changing economic conditions in our society have made it necessary for thousands of peopleto find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Retired at 56. So glad. Arthritis quit bothering, but now have cancer.
Retire when you can. Life maybe shorter than you think.
I'm sorry to hear about the cancer diagnosis, I hope your treatment goes well and you're ok.
Try taking fenbendazol it's natural chemotherapy
Wishing you a speedy recovery
@@btorr2945 take fenbendazol
Are you familiar with the work of Dr Thomas Seyfried?
I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $200k in a savings account that i want to invest in a non-retirement account. Where should I invest it now?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1.2m in gains… might not be a lot but i'm financially secure.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
My CFA 'Grace Adams Cook' , 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.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@lennoxmutterick6434 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@TerriVess Oh please I’d love that. Thanks!.
@@lennoxmutterick6434 Clementina Abate Russo is her name.
Lookup with her name on the webpage.
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro.Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Planning for retirement can be so confusing, especially with all the new numbers for 2024. How much is really enough to retire comfortably without constantly worrying about outliving your savings?
Totally agree. It feels like the goalposts keep moving. I'm trying to figure out the right balance between saving and investing to ensure I can maintain my lifestyle.
It's a tough question. The cost of living keeps rising, and it's hard to predict future expenses. I’ve been considering various retirement calculators, but they all seem to give different answers.
I'm curious if anyone has had success working with a financial advisor to plan their retirement. It seems like having expert guidance could be crucial in getting a realistic target number."
Opting for an inves-tment advisr is currently the optimal approach for navigating the markets particularly for those nearing retirement. I've been consulting with a coach for a while, and my investment portfolio has surged by 85% since 2022
I could really use the expertise of this advsor
#4 Huge yes. I'm 61, will be 62 in November. Last day of work tomorrow. I am looking forward to it.
Congrats ... are you watching this video just to make sure you're ready for tomorrow? ;)
Congatulations
Woot! 🎊 🎉
You must stay active or you will die young
Congratulations 🎉
I retired 8 years ago at age 55. Sold my home, gave away belongings, except for my car, in order to travel the world. As a divorced mother of 3 adult children and now 1 grandchild, it was important for me to be in my home city 5 months of the year. I stay with family, friends and Airbnbs as needed. My teaching pension has provided me with sufficient income to do everything I want and next year I will collect my CPP, a Canadian pension plan that will give me an additional $900/month. I have not had to touch my savings. I have now explored 67 countries mostly solo and without tour groups. Living MY retirement dream!
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
As a beginner, it's essential for you to have a mentor to keep you accountable..
Kerrie Farrell program is widely available online..
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...
On the grand scheme of things, once you understand the potential of trad!ng, you can bet on it but I think people need the education to fully understand...
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
Agreed, having a good financial advisor is invaluable, my portfolio is well-matched
for every season of the market and has just yielded 120% from early last year. I and my
advisor are working on a 7 figure ballpark goal, tho this could take another year.
*Julianne Iwersen-Niemann* is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
I retired @ 55. The best decision I ever made. I play golf a minimum of 3 days a week. My health and wealth has increased over the past 18 months! Do it.
Happy to report the same here. Get out of the rat race as soon as you can.
Can’t stand gold
I’d be retiring or working less in 5 years, and curious to know how best people split their pay, how much of it goes into savings, spendings or investments, I earn around $250k per year but nothing to show for it yet.
money advice is subjective, what works for you may not work for me. I would suggest getting rid of any unnecessary purchases, especially things that cost you monthly, or better still consider financial advisory
Agreed, I'm quite lucky exposed to finance at early age, started full time job at 19, purchased first home 28. Going forward, got laid off 36 amid covid-outbreak and at once consulted an advisor. As of today, I'm barely 10% short of $1m after 100s of thousands invested.
@@everceen retired in my 40s after inheriting money from a childless relative, traveled overseas and found a girl almost my age, happily married but only issue is how to grow and preserve our wealth... think your advisor can be of help?
Karen Lynne Chess is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Karen Lynne Chess on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
I retired at 51 after 30 years as a professional engineer and executive at a large company. Went back two years as a contract employee at full pay with no direct reports. Now I do consulting work from time to time to keep sharp. My health is better than ever. I work out everyday, consume healthy foods and get plenty of sleep. While working like a dog 50-80+ hours a week, I didn't realize how sleep deprived, stressed out and exhausted I was. My advice is to live below your means, live debt-free, don't worry about the Joneses, save, invest and get out of the "rat race" as soon as financially possible. After all the worldwide traveling I did as an engineer, the last thing I want to do is travel.
I retired at age 53, so I am in my early 60s. Many of them resisted me because they couldn't understand the idea of not working if it wasn't necessary. I considered the phases of my life. I worked very hard to achieve what I have now, but in my last years, I owe it to myself to "stop and smell the roses." In my instance, I departed the nation after retiring and currently reside in Latin America. It made it possible for me to appreciate my new surroundings while escaping all the bad things that were going on in America. Nobody that I know of regrets retiring has yet to come to me
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation
I definitely share your sentiment about these firms. Finding financial advisors like Joseph Nick Cahill who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them
I have heard numerous stories of people earning up to $500k-$1m working with this particular real-time portfolio manager
1. No debt 2. Place your living in is paid off 3. cars paid off 4.no credit card debt 5. have a budget and be able to pay your housing expenses, utilities, food and taxes each with month 6. have a monthly stream of income i.e. social security or other investments to be able to float item 5. There ya go!!!!!
From u.k
Got offered the chance for early retirement at 55 after
35 yrs with same company.
67 now, the best thing I ever did!
I have a handful of friends I’ve known for over 50 yrs.
Not enough hours in the day!
Play guitar, walk, read, RUclips, music!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Investing has been rather rewarding to me and I've learned that getting a good roi is very much attainable if you know your way around it.
I invested in some stocks myself using pure speculation. Long story short, I blew my account and lost it all. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $16k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 81k in roi, I sit back and just reinvest at intervals while I handle my other career and family.
To me, investing is not worth it and I know that's the same mindset holding me back from taking a step forward in my finance. It’s all gambling.
I'm close to 51 can he help me? I hope it's not too late for me to start planning for retirement.
Sure
Hermanw jonas that’s his gmail okay
Thank you for this lead. I mailed him. Did my due diligence on him before we scheduled a chat. Also, brilliant resume I must say! I intend on getting started right away.
I got "retired" by the evil corporation at age 54, and definitely was not ready to retire for real. Started my own business and have now been able to ramp my hours down and ease into full retirement. I'll be 68 by the time I'm fully retired by the end of the year. I should have retired sooner, but honestly I was not ready psychologically. Now I am!
After my sister-in-law passed away from pancreatic cancer at age 58, I retired four months earlier than planned. Once you spend time you can’t get it back!
Retirement is all about freedom but, ultimately it is your health that dictates how much freedom you are going to have!
I retired a week ago at age 62. I had a lot of anxiety about it leading up to leaving the work force, but that anxiety is GONE. I have my life back!! So so so glad I sad goodbye to the stress that was literally killing me. Many co-workers came to me a couple weeks before I left and told me I physically already looked like a gorilla was taken off my back. They weren’t wrong. My new found happiness is just now settling in.
One week is too early.
@@johnbruenn8755 that's wonderful God bless you sir I'm retiring in the next 2 months and I am ready 😁
Retired at 65 back in May , was told by a former co worker that I look so much better now 😊
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
she's mostly on Instagrams, using the user name
I retired at 57, 7 years ago. My wife and I saved and invested early allowing me to exit the workforce when I did. She stayed home after our first was born and has not worked since (25+ years). House is paid off, kids college tuitions fully funded, have two late model cars fully paid off, travel extensively and do not forsake anything we need. I actually have more income coming in today than when I was working. We are not special and believe most people can do this with the appropriate level of planning and discipline.
The key message I would communicate to others is don't delay retirement if you have the financial wherewithal to do so. Too often I have seen many people delay retirement and then experience health issues which constrain the very things they wanted to do post-retirement.
Moreover, the most significant benefit of retirement for me is that I no longer have to deal with people I do not want to. That has proved to be the ultimate blessing.
I retired at 55 and planned it some 30 years. The day I could retire on my 55 birthday I did and moved to Thailand.
I live like a king here and would be a pawper in the UK.
It was a No brainer. 11 years retired now and loving it.
Your right we just don't know when our last breath will be.
When I hit 30-years working at "my company", I retired because my wife's and my medical insurance were covered. I figured the rest out as I went. Best decision ever!
Yes, I was thinking of retiring but now my partner was diagnosed with stage 4 terminal cancer. Now I plan to keep working for longer to keep our insurance to pay for treatment. Life comes with surprises. But I’m committed to taking care of them.
Research Sir Jason Winters Tea, know to reverse stage 4 cancers. Best of luck. I take it regular as a preventative and I suggest you do the same. We live in a toxic world.
Study on Sir Jason Winters Tea
See if you can get an ACA insurance plan 😢
I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I has spent same number of years in the civil service, she is investing through a wealth manager and myself through the 401k. We both still earning towards having our retirement.
This is true. I'm in my mid 40's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $800,000 by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you on things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Fantastic video! I have incurred so much losses trading on my own.... I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Same here, my portfolio has been going down the drain while I try trading,I just don't know what I do wrong..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
I think l'm blessed if not I wouldn't have met someone who is as spectacular as expert mrs Fenella..
Highly recommended 🙌
Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people
I'm also a huge beneficiary of her..
I thought myself and my family were
the only ones enjoying Fenella
trade benefits
My beautiful wife past away last year at the age of 40. I was let go of a company of 30 years cause i took to much time off caring fulltime to my sick wife. After her passing i never went back. I saved my a$$ off and now care for my 2 small children. Living on my wifes social security and dividends. Tomorrow is not promised.
I’m so sorry for your loss.
I'm about 1-2 years away from early retirement, though I may do another year (3 years); I'm buying my toys now, getting repairs done, etc. while still working. once I retire, I plan to enjoy my hobbies and interests to their fullest, while I enjoy them now too.
Our #1 goal to retire is zero debt.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kimberly Ann Doran.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills .
You trade with Kimberly Doran too? Wow that woman has been a blessing to me and my family
I'm new at this, please how can I reach her??
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much...
33 years at UPS. I'm done in 10 months at 55. Saved up and have pension and healthcare. I missed out on a lot working weekends and nights plus holidays. If I don't retire at 55 I forfeit my pension payments but will get more per month for every year I complete which isn't happening.
Questions 1-5 = no
Question 6 = yes
But at 53 years of age, I had enough and retired anyway.
I have never regretted retiring, and my net worth has nearly doubled since retirement.
I'm the best boss I have ever had. Someday, I just might tell myself to do something.
🎉🎉🎉🎉🎉🎉 I love that!!!!!
I retired 16 months ago from the federal government and am enjoying it for the most part. I did miss it for a few months but have adjusted to the time I now have to do things, what ever I want when I want. With a pension, VA benefits and TSP I am not very concerned about money….. retire when you are ready to, not when someone tells you to. Find a financial planner, understand what money you have and will get and what you want to do in retirement
Retire as soon as you can !!! My next door neighbor, worked all his life building a multi million dollar company, prostate cancer at 58, died at 59. I retired at 60, have not regrated a day since, two pensions, small savings....live frugal and enjoy life, it can be gone in a instant.....
Most retired people I know had plans to do stuff in their retirement and then when you check in 5 years later their main activity is watching TV
They're surfing. channel surfing!
Yes, retired 8 years ago and still watch a couple of hours of TV: In USA and Mexico every year, also Portugal, Spain, Costa Rica, and a few other places. Tonight will watch a little after dinner. In our 5th wheel sitting on the Columbia River Gorge
I’m out of the country 6 months a year or so in retirement, and have somehow managed to experience many amazing things. I’m not sure how I ever had time to work. I retired at 57, but regret not having tapped out 5 years earlier. I do watch tv during football season.
They either retired too late or have no hobbies or interests.
God love them. If all I had to do was watch modern television and reality shows,I wouldn’t t need a retirement, I would kill my self. Thank God for 60’s and 70’s sitcoms 🙏
I had a 5 year holiday aged 41 - 46 and it was the best decision I ever made - I'm 70 now and will probably work another 2-3 years but couldn't do now what I did then . Great memories.
"Yes" to "hard-yes" across the board. I've rounded up retirement three times, have worked more than 2/3rds of my life, and am considering my exit date in the context of payout dates. Thanks for the extra confirmation.
These are not quite the 6 questions I ask myself as I am still working, but for some of us, retiring at 65 or before is a pipe dream. We HAVE to work. Social Security doesn't have the funds enough to get us out of living check to check (i.e., my rent would take 2/3 of my monthly SS pay). I live in a 55+ retirement community, but I can now see why my neighbors never seem to leave the property....they can't afford to!
I lost nearly 20 pounds in two months after announcing my retirement.
We worked with Patrick to plan our retirement. He was EXCELLENT. Very thoughtful and took time to know us and our plans. His materials were top notch and easy to understand. As retirement approaches, we know exactly where we are and how to keep sight of our goals. Working with Patrick was better than a math exercise - it was an exercise to build piece of mind and have a roadmap for our retirement years. He also takes a LOT of time to encourage thoughtful retirement - including focus on quality and happiness. Can’t recommend him highly enough!
Thank you for your videos mate.. . Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Evelyn’s trading ideas and signal tips for your portfolio growth and aggressiveness. She is a woman who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is. Evelyn Infurna’s trade signaIs does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path...
SHE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.
@Infurnaevely1
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience…
thanks for putting this out, curiously inputted Evelyn Infurna on the internet, spotted her consulting page no sweat, and was able to schedule a session ... she actually shows a great deal of expertise from her resumé
Well this is not my first time of seeing her name on social platform. I think she's extremely brilliant and lucrative at the same time.
Answering question number six with YES was enough for me to decide less than one year ago to retire, which happened just last week at age 60 ! And indeed I know very well what to do with my time ...........
I know zero about wealth creation but I did know all 6 points in this bullet post
Working for glitter and splash is fine to experience its textures but reality is, your soul needs something far deeper to brush happiness. Inside every living person is a vast internal Universe, take some time exploring it.
Retired slightly over two years ago at 49 and loving it. Best decision I’ve ever made.
Yeah me too at 49...3months ago
Australia has free public health care called Medicare and an Aged Pension for all that need it. Taxes are higher than the US but those taxes are like buying a subscription in system that gives you peace of mind.
You can always make more money but you can never get back time. Retire when you can. You can enjoy a lot of things in retirement that cost very little…
Time and health are priceless and you don’t get them back. Everything else you can get back.
Excellent! We retired early with no debt, house paid off. We saved enough to limit our retirement annual income so we used the subsidized heath care (Obamacare) until Medicare kicked in at age 65. That put our tax bracket at 12% and we saved over $25,000 in annual health insurance premiums.
I retired at 61. I am very lucky to have pensions and Social Security. You have to learn to live within your means. Especailly before you retire. Makes the change a lot easier.
I retired with less than 100k, bought a small farm in the Andes mountains and have a huge garden, pigs and chickens. Ready to watch the world burn.
Those are the stories I love to hear! People with 1 + million....... what the hell are you waiting for!? Happy for you and sounds like a great retirement life.
Two suggestions for your shoulder knot (these saved my life):
1. Switch mousing hands - takes some adjusting, but trust me, you Can do it. Alternate each Monday.
2. Go to an experienced dry needler|sciatic specialist. They can release the knot in a way that no amount of massage, hot tubs, or hot pads ever will..
Seriously! Life changing!
I’m 55 and looking to retire at 59. My job is well paid, work from home now and stress free. I have zero commute go for a walk morning lunch and evening. Cook tea etc.
this will be my last job. I’ll never travel to the office again.
I’m watching this just after waking up on a Monday morning and the accuracy of it all is terrifying. Great video.
Good video..I am on day 19 of my retirement...I worked till age 68 with the Government...I answered yes to all questions..LOL
63 and got laid off in May. Thought about getting another job for about a week then it became brutally obvious that nobody will hire an engineer of my age. So...I guess I'm retired. I went through the numbers with my fidelity guy and moved the 401k to a retirement account. Cobra and unemployment for now. Got a kitchen clock with days of the week on it. Only issue now is a 17 year old shihtzu that is preventing me from traveling but that's ok. Resealed the driveway and did bakery sales at a fleamarket. No more weekly highlights, quarterly reviews, timecard, or late night meetings with Singapore. The guys back in the office are having to take on what I was doing and the company stock is now well below a dollar a share. I was lucky. And compared to a lot of folks (including my brother). I'm really lucky to be able to hang up my spurs while I'm still abouvethe grass.
6 is the main question. It dictates the other 5. If you cant afford to retire the rest us irrelevant.
Well stated, you gave this 62 y/o medical profession something to think about. Thanks
I ramped down to 30 hour work weeks for my last 2 years of work. Retired a year ago. It's wonderful. My friends tease me because I choose to work 6 hours a month now.
Yes, same here. I ramped down and only work about 20 hours a week now. My lead is a little bit ticked because it's much harder to be a half man down. My co-workers are saying, "You're always out". That's the perks of stockpiling vacation. I will retire in a few months and probably look a two day a week job for 4-6 hours per day or something like that. I don't want to commute for more than 15 minutes.
I'm 621/2 now and I made my connections early in life to have funds in the market and collect a pension. I now work part time and my house and vehicles are paid off. The best way is to get into a 403b or 401k early and make any payments you can afford.
I was expecting all the questions to be about assets and liabilities. This is different! 😮
I was a computer application manager and at the end of the my career facing the very same decision two years ago. After the pandemic I landed a job where I could work from home, make great money with a very good company, good boss and team to work with plus I was doing important work. These were all the ingredients for a great job, only problem was that after close to 49 years of work I was spent. I didn't care anymore and did not want to pretend I cared. It was time to retire and move on to phase two of my life and do the work I wanted to do!
There are actually people out there who enjoy their work, so are in no hurry to retire. I work with a 73 year old and an 84 year old who love what they do, and don't know why they would give it up. They take time to travel and visit family, and don't work long hours. To each their own.
Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means. I have managed to grow a nest egg of around $600k to a decent 7 figures in the space of a few months. Sad to say but a lot of us have poor money management skills. My 2 cents -get an advisor to keep you accountable and aid you make better decisions, Donna Mikalonis has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get >burned.
@DonnaMikalonis
she's mostly on Telegrams, using the user name
Add she first and last name along with her verified handles
The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
With 2 TKR's working for the USPS as a Letter Carrier where my Route have added blocks on my Route that made it longer than it was when I first started and dealing with on and off pain in my right knee. I listened to my body and I retired 7 1/2 months ago and recieving my pesnion but I'll be dame to ever work again jsut to get an extra buck. Now that I'm retired I no longerless stressed out dealing wit hday to day b.s. I'm siling more more everyday and it was the best hing that ever happened.
Glad to see you're posting videos again. I was afraid you might have gone "off the air." Thank you for continuing to provide the great information !
*Honestly i feel right now e commence among other sectors* *are expected to really see growth but who know i might be wrong, These days the market is filled* *with surprises*
.My father waited and waited to get more ss. Retired at 67. In 3 mo. he had a heartache and died. Ŕetire as soon as you can to enjoy yourself.
Is a definite yes for all 6 questions, my. retirement is around the corner can't wait.
I initially planned to retire at 62, working part-time while saving money. But steep price increases have disrupted my plan. I wonder if those who experienced the 2008 financial crisis had it easier than my current situation. The declining stock market has lowered my income, and I'm worried that my reduced contributions will leave me with insufficient retirement savings.
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
I suggest formulating a diversification strategy as constructing a strong financial portfolio has become more challenging post the onset of COVID. A coworker proposed the idea of enlisting the services of an advisor. I can personally attest to the success of this approach, having earned more than $120K with their guidance amidst the market turmoil. They employed defensive tactics to safeguard my portfolio and generate gains despite the market's fluctuations.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Retire early with less but, enjoy it longer…….hopefully 🙏
A Financial Planner told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. How can take advantage of compound interest and potentially grow your retirement savings overtime?
In times like this it is better to seek help from a professional as such key decisions are better guided by experts with market experience.
That is exactly the reason I stopped trusting the financial advice of RUclipsrs; in the long run, I only end up with a jumbled collection of stocks and bonds. Whereas all I needed to earn over $350k in less than two years was guidance from a true market expert.
Thanks for replying, That's a very impressive return, You must have a good idea of stocks. How did you go about it?
Annette Christine Conte is the licensed advisor I use. Just search the name. You’d find necessary details on the web to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
thk u for caring and putting this out ....... I am a senior so......from one patriotic American to another.....it's appreciated..... God bless u