The importance of saving for retirement and narrowing the wealth gap

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  • Опубликовано: 30 июн 2024
  • On the premiere episode of “Financial Freestyle with Ross Mac,” TIAA chief administrative officer Derek Ferguson discusses his upbringing in the Bronx and how it shaped his sense of purpose and community. From fighting poverty with the Robin Hood Foundation to now addressing the pressing issue of America's retirement crisis, Ferguson offers practical solutions to ensure financial stability, highlighting the importance of early planning, budgeting, and understanding investment options.
    "Financial Freestyle with Ross Mac" on Yahoo Finance strives for economic prosperity for all. Through expert insights, actionable advice, and inspiring success stories, we empower you to build and accelerate wealth. Join us on a transformative journey towards financial freedom and inclusive economic growth.
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Комментарии • 12

  • @Janise-pg8yr
    @Janise-pg8yr 7 дней назад +139

    if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries

    • @Valentine-sd2fb
      @Valentine-sd2fb 7 дней назад +1

      the idea is to Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions.

    • @Manselus-uy3kz
      @Manselus-uy3kz 7 дней назад

      Well said, with the help of the an investment advi-sor, I diversified my 62K portfolio across many markets and in a matter of months, I was able to produce over 356K in net profit from high dividend yield equities, bonds, and exchange-traded funds (ETFs).

    • @Daniel-ss7ri
      @Daniel-ss7ri 7 дней назад +1

      wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you dont mind me asking? in dire need of asset allocation

    • @Manselus-uy3kz
      @Manselus-uy3kz 7 дней назад

      My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @Daniel-ss7ri
      @Daniel-ss7ri 7 дней назад

      I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

  • @bryanotieno7106
    @bryanotieno7106 4 дня назад

    Wonderful candid conversation

  • @doncrews9950
    @doncrews9950 7 дней назад +2

    Great start.

  • @02nupe
    @02nupe 7 дней назад +2

    Quality content and we are absolutely in a retirement crisis.

  • @bryanotieno7106
    @bryanotieno7106 4 дня назад +1

    Investing in ETFs and Mutual funds

  • @pgppe9488
    @pgppe9488 7 дней назад

    This is excellent information but maybe we need to be more truthful to people concerning who is really responsible for their retirement and the importance of time and actually investing in their retirement accounts.
    I know you have to say certain things in order to be on the platform, but our people need to hear the facts.

  • @domyorker
    @domyorker 7 дней назад +1

    Good stuff 👌