13 Things you need to do before you retire

Рет қаралды 744,949

Practical Wisdom - Interesting Ideas

3 жыл бұрын

📈(Got Retirement Questions?) Talk to a licensed financial advisor for free: moneypickle.com/practicalwisdom
If you're looking forward to retirement, you're not alone. Every worker’s dream is to leave their 9-5 jobs behind and enjoy the freedom and flexibility of retirement. But just because you think you're ready to retire doesn't mean your bank account agrees. In today’s video, we will look at things you need to ensure you get done, before you even think of retiring.
#retire #wisdom #work
Try Audible and Get Two Free Audiobooks: amzn.to/2GznQSr
Timestamp
(0:37) Plan, Plan, Plan!
(1:07) Know Where Your Retirement Income Will Come From
(1:47) Avoid Lifestyle Inflation
(2:32) Learn How Medicare Works
(3:51) Assess your personal savings
(5:02) Apply for a Reduced Real Property Tax Program
(5:28) Map out a retirement budget
(6:14) Eliminate High-Interest Debt
(6:52) Develop a strategy for claiming Social Security
(8:26) Figure out what you'll do with your time
(9:32) Coordinate Timing With Your Partner
(10:01) Consolidate Financial Accounts
(10:28) Reduce Your Portfolio’s Risk Profile
Popular Videos:
10 Legit Ways To Make Money And Passive Income Online - How To Make Money Online - • 10 Legit Ways To Make ...
Trick Yourself To Save More | How To Be Good With Money - • Trick Yourself To Save...
THE HIDDEN SECRETS OF MONEY | 14 Laws of Money - • THE HIDDEN SECRETS OF ...
Becoming a Millionaire: Compound Interest | How To Grow Money - • Becoming a Millionaire...
8 Skills That Will Make You a Millionaire - How to Become Rich - • 8 Skills That Will Mak...
11 Rich People Habits You Need To Try - • 11 Rich People Habits ...
Think And Grow Rich 6 Best Lessons - • Think And Grow Rich 6 ...
7 Steps to Become Financially Free And Live a Good Life - • 7 Steps to Become Fina...
Financial Education | The 4 Rules Of Being Financially Literate - • Financial Education | ...
Fake Rich vs Actually Rich | How To Tell The Difference - • Fake Rich vs Actually ...
Build Unbreakable Self Discipline With These 5 Rules - • Build Unbreakable Self...
John D. Rockefeller's Top 8 Tips for people who want to be Rich - • John D. Rockefeller's ...
References: bit.ly/2MZpoIo
Music: (Dreams) by Bensound.com
Practical Wisdom - Interesting Ideas
DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
- The Audible, and Moneypickle link is an affiliate link meaning if you make a purchase using the link, I will receive a small commission at no extra charge to the buyer.

Пікірлер: 603

@PracticalWisdom 10 ай бұрын

📈(Got Retirement questions?)Talk to a licensed financial advisor for free: moneypickle.com/practicalwisdom

@Hannahbenowitz Ай бұрын

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.

@JosephineKenney Ай бұрын

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.

@FinnBraylon Ай бұрын

Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the directions of someone who knows how to i.e an asset manager. You could earn anywhere between 10--40k with the right ones. Online businesses are a good bet too.

@HildaBennet Ай бұрын

I might want to try out a manager this year, but the information on the internet is overwhelming. I know it's not appropriate, but you could mention a good one(s)?

@FinnBraylon Ай бұрын

Her name is Sharon Lee Peoples. Hope that helps

@HildaBennet Ай бұрын

Thanks for this, but I already have a 401(k). You think I'm still eligible to use a financial advisor?

@ryanwilliams989 7 ай бұрын

40 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $4 million, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.

@TheresaAnderson-kf5xw 7 ай бұрын

I fully agree; I'm 56 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one and that should be any individuals main route into the market.

@maryHenokNft 7 ай бұрын

Engage in thorough research to select a professional with proven strategies for fostering consistent and steady growth in your portfolio. I attribute the success of my portfolio to *Camille Alicia Garcia* whose qualifications and expertise make her capable of meeting your goals.

@BiancaSherly-qt6sb 7 ай бұрын

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.

@Michelle_Sanders561 2 ай бұрын

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire without any investment.

@BEAUTIFULDIANAFRANCIS 2 ай бұрын

I'm debt free, and may not be able to retire until Medicare simply because 0bamacare destroyed affordable healthcare for all but the very richest and very poorest of society. Those with means in the middle won't be able to afford healthcare outside of an employer. What terrifies me now is losing my job at over fifty years-old and never working again. As a highly paid STEM worker, the trend I've seen for the last ten years is companies no longer hiring people over the age of thirty anymore. Even our most senior engineers, retiring with 30-40+ years of experience are being replaced with 25 year-old kids, fresh out of school, with 3 years experience max, just because they are cheap. I brought my manager some resumes from very seasoned, very good engineers who were laid off back in 2008's financial crash. My manager showed me the stack of resumes he was allowed to choose from, filtered by and provided by HR. All were under thirty with very little work experience, not a single older worker with a decade or more of experience in the field. Simply, because the young are cheap and experience costs. That observation was the main driver in paying off my mortgage seventeen years early. Forgoing the luxuries of a high salary and just hammering the mortgage principal down to zero. All this I have said is because I have started early with Cynthia Mcclure Alexander that made things easier for me . Everyone has his or her way in life but I will say it is but to have a plan towards retirement which isinvestment in with the right persons At this point, I still explore the ability to retire early but that will involve maximizing my cash on hand while minimizing my income to get the largest 0bamacare subsidy possible to pay for healthcare. Luckily, 0bamacare is only income tested and not means tested like Medicaid is, at least for now. I'm lucky as far as expectations in retirement. I travelled when I was younger, don't have extravagant tastes since I was used to sacrificing all those years. I think I'll have a very good retirement partaking in my low cost hobbies, and living cheaply because of it. Healthcare costs are the only possible barrier to that now.

@BEAUTIFULDIANAFRANCIS 2 ай бұрын

Well, I'm 55 and fully retired for some years now. When I had my 21st birthday my mother told me to start planning my retirement then. Seemed ridiculous at the time but I took her advice and started my investment journey. Its had ups and downs but our income per year now is more than 100K and we live pretty well. A new car every 5 years, private health insurance and two overseas trips a year plus we also have enough to help out the kids with their mortgages. No govt pension of course. The secret, if there is any, is to start early to get the benefit of compounding. I started working early with Cynthia McClure Alexander early and today I am happily retired .

@GillerHeston Жыл бұрын

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.

@joshbarney114 Жыл бұрын

This is true. I'm in my mid 50'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.

@rogerwheelers4322 Жыл бұрын

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 $475k 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.

@FabioOdelega876 Жыл бұрын

@@rogerwheelers4322 Bravo! How does one locate such an astounding financial planner? I'm semi-retired and would undoubtedly want first-class management on a much larger portfolio since i want to leave my personal estate for my kids & grand-babies; I don't want to take chances given the volatility of market movement, so could you please refer me to yours?

@rogerwheelers4322 Жыл бұрын

@@FabioOdelega876 My Financial adviser is ‘’Colleen Janie Towe’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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

@FabioOdelega876 Жыл бұрын

@@rogerwheelers4322 Colleen really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her

@HasimAdem Жыл бұрын

> When you read articles about financial freedom, you may hear people talk over and over again about how they spend next to nothing to be able to retire at a younger age like 30. Instead, they may have already achieved financial freedom and boast about how frugal they were in order to retire well before the typical retirement age.

@Ame_rodri Жыл бұрын

Planning for retirement, or even financial freedom, is a marathon and not a race, as the saying goes. Breaking your financial independence goals into small pieces can help you stay on track while making the process a little more manageable and hopefully a little less stressful. Even if you are starting small, the important thing is to start. The investment creates a safe haven for the future. Everyone needs it so you don't go bankrupt when you stop working

@Ame_rodri Жыл бұрын

It really amaze me how i made it from living an average life to earing huge profit every month. all thanks to Sherman Williams Trading.. I don 't know how he does it but he definitely makes it possible, I believe in him.

@Ame_rodri Жыл бұрын

In the scale of 1 to 10 I'm going to give 8 just because no one is perfect in the trading zone but when it comes to making profits.... believe me when i say he came surprise you when you list expect.

@M_Harry2 Жыл бұрын

Yes you are right, no one is perfect in the trading zone but still making good profit from it, I think I'll like to give Sherman Williams Trading a trial and see how it goes. I love creating multiple source of income because it never funny at the end when you depend on one source of income especially when you are retired.

@M_Harry2 Жыл бұрын

How can i contact him?

@patriciacarlos Жыл бұрын

Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.

@gowonjake Жыл бұрын

It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing.

@brendazvandasara Жыл бұрын

@@gowonjake I totally agree, I'm 60 and newly retired with about 2.2 million outside retirement funds, no debt, and very small dollars in retirement funds compared to my portfolio balance over the past 3 years till date. tbh, the role of the invt-advisor can only be overlooked, not denied. just have to do your research in finding a reputable one...

@stellaadams593 Жыл бұрын

@@brendazvandasara mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.

@brendazvandasara Жыл бұрын

@@stellaadams593 I invest with (JULIET EVE DOWNEY) a widely known consultant. You can make a quick internet research with her name mentioned where you can easily get in touch...

@kollykolly Жыл бұрын

@@brendazvandasara I’m delighted to engage in this opportunity, I just found the professional’s web page and have already written her.

@charliehunnam5187 Жыл бұрын

I'm not in any event kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I try to focus on the long term.

@cooperhayes7055 Жыл бұрын

I cannot zero in on the long run when I should be retiring in 4years, you see l've got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/ unstable market doesn't provide any calculated risk opportunities to make profit?

@jessicasam2516 Жыл бұрын

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

@mateosantiago5795 Жыл бұрын

I totally agree, I have been consistent with my profit regardless of the market conditions, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a popular forum, long story short, its been years now and I've gained over $850k following guidance from my investment adviser.

@allenwilliams5010 Жыл бұрын

I've been down a ton, I only hold so that I can recover, I really need help, who is this investment-adviser that guides you

@mateosantiago5795 Жыл бұрын

If that is the case, it would be an innovative suggestion to look out for Financial Advisors like Olivia Maria Lucas who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be vital to weather the storm.

@Patricia-Margaret 8 ай бұрын

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for....

@Patricia-Margaret 8 ай бұрын

@AustinWalker67 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

@Patricia-Margaret 8 ай бұрын

@AustinWalker67 I will give this a look, thanks a bunch for sharing.

@Amelia-Elizabeth 8 ай бұрын

@@Patricia-Margaret Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy

@growsinhouseherbiculturali1100 6 ай бұрын

Dow and S&P at all time high. If you are broke, it’s your fault. Vote 🗳️!!

@Aaroncarter55726 3 жыл бұрын

I’m 75 and have been in retirement since 2002, and over those past 19 years, I have taken up hiking, swimming, traveling, and just completing my bucket list. Life’s good in retirement.

@HelloRetirement 2 жыл бұрын

Thank you. Go ahead. We also inspiring retired persons in my country.

@jbrobele 2 жыл бұрын

In a different comment you said you were 70 and retired in 2007. Also, I don’t know many geriatrics that are into anime. Nice try

@SanctifiedLady 2 жыл бұрын

How does you comment help others? Not much huh? 🤔

@SevenEllen 2 жыл бұрын

You are NOT 75! :D 25 more-like.

@SevenEllen 2 жыл бұрын

@@jbrobele Quite. He's totally fake, as are all the other liars in this comment section.

@iuordanmatkov261 Ай бұрын

just sold a property in Scotland and I'm thinking to put the cash in stocks, I know everyone is saying its 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.

@McKnightCutkosky Ай бұрын

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

@mohammedsajahan6123 Ай бұрын

Very true. Despite having no prior lnvesting knowledge, I started lnvesting before the pandemic and pulled in a profit of approximately a million that same year and in reality, all I was doing was getting professlonal advice

@adelineChulack Ай бұрын

I sincerely aspire to establish a secure financial future and I am eager to participate. Who is the driving force behind your success?

@mohammedsajahan6123 Ай бұрын

I'd say a little due diligence on "Dianne Sarah Olson" truly exceptional

@MonaghanMLOUISE Ай бұрын

thanks for tips, it was easy to find your coach. did my due diligence on her before emailing her. she seems proficient considering her resume

@kevinmarten Жыл бұрын

I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?

@Oly_laura Жыл бұрын

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

@martingiavarini Жыл бұрын

I agree with this, my profit has been consistent no matter the market situation , I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser .

@martingiavarini Жыл бұрын

All of this happened in less than a year after Janet Karson Hardy , told me what to do . I started with less than $100,000, and now I'mIabout 17,000 short of having a quarter million dollars.

@jaunemalan Жыл бұрын

@@Oly_laura She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.

@cesarhurtado3565 Жыл бұрын

well , how can i get in contact with this perso n , i have been very desperate i am also retiring, in a few years and all of this recession isnt helping me.

@masterlee4370 3 жыл бұрын

All good points. I remember at age 19 passing in front the social security office and laughing telling myself it will be a long time before I visit that place. Now I am 62, but I am not laughing anymore. With that being said I am fortunate to have a job I love and can do as long as I want to work. I also have $600,000 in IRA Accounts and my home is paid for. As far as social security, well someone asked Dave Ramsey when should they start taking their social security? Dave's reply was "That's easy just tell me when you're gonna die" . I am waiting until at least 65, knock on wood. I am in great health right now, but the reality is we just do not know what tomorrow holds. I believe we have to live life, but I also believe we have to plan like we will be here well into our 90's.

@derekmcmillian6557 2 жыл бұрын

I've made so many mistakes in the past far as planning for retirement that I'm playing catchup like never before. Then my Mother ends up needing someone to take care of her 24/7. So now 13yrs away from retirement with no money saved etc. I must rethink everything. For those who are younger please plan ahead for the day you retire. Small steps 40 even 20yrs ahead can make a great difference. God bless you all. Amen

@kiaouattara9077 2 жыл бұрын

Hang in their! you can make a come back

@TheFirstRealChewy 2 жыл бұрын

We also wasted so much time and now trying to make up for lost time. Just started this year. At 13 years out I'd create a monthly budget in retirement based on today's prices. Create an emergency fund that lasts 3-6 months. Become super efficient on spending and lower your required, monthly expenses because that will have the biggest impact. Invest the rest in index Roth accounts, IRAs or standard brokerage accounts. Work as long as you can, and at least until 65. Don't rule out relocating to a stare that is more favorable for retirement and consider any hobbies that can turn into side hustles. A few extra dollars a month, especially doing something you want to do kills two birds with one stone (income and keeping yourself entertained). Learn as much as youbcan about taxes. It's the biggest expense.

@annjean8709 Жыл бұрын

@@TheFirstRealChewy, Agreed. 👍🏽

@LupeBaptista 8 ай бұрын

Curious, I’d be retiring/working much less in 5 years and want to know best how people split their pay, how much of it goes into savings, spendings or investments? I earn around $150k per year, but nothing significant to show for it yet.

@fromthebirchwood 8 ай бұрын

@CarrFreeman thanks will do.. found her page immediately after inputting her full name online, she seems valid.

@ClementRusso2 9 ай бұрын

I'm nearing retirement in three years, and despite having solid companies in my portfolio, my profits have stagnated in this uncertain market. Are there any calculated profit opportunities in this recession?

@VickyAlvy 9 ай бұрын

Generating substantial profits, particularly in a bear market, involves employing intricate strategies that are best executed by seasoned market experts.

@Jason9o669 9 ай бұрын

I agree. Despite early setbacks and losses in the market, I re-entered in February 2021 with guidance from a recommended investment advisor. Fast forward two years, and I've gained over $720k in profits.

@Rodxmirixm 9 ай бұрын

That's impressive ! I could really use the expertise of these advisors.

@Jason9o669 9 ай бұрын

@@RodxmirixmDefinitely! Everything unfolded under 2 years following Stacey Lee Decker’s guidance. I began with just under $150,000 and now I'm only about $45,000 away from reaching a-million dollars.

@antonnohr 9 ай бұрын

@@Jason9o669 She seems highly educated and informed. I looked up her name on Google and found her website. Thanks for sharing.

@RetirementTravelers 3 жыл бұрын

Downsize your life and get rid of “stuff”. We sold everything to travel the world and it is so LIBERATING!! Some great advice in this video. Thx. John and Bev

@andreskylo5868 2 жыл бұрын

*Great video. We all strive towards financial stability and a better life. It is easy to achieve this through the right investment, by living frugally and budgeting. I’m glad I learnt early in life to work hard for financial freedom*

@patrickhenandez9448 2 жыл бұрын

This is just the right information towards financial freedom as well as wealth creation. For so many years I thought working for other people was the only way to live comfortably, but I came to think differently when I started working with *Donald Nathan Scott* (a registered financial adviser residing in United States). Now I earn monthly from my investment with him.

@patrickhenandez9448 2 жыл бұрын

For anyone to be financially free with a passive earning source which exceeds your expenses, you need to ingrain. It’s not just watching videos and reading books anymore but for positive results, work with an expert. I used to think that I can make more money on my own without any loss, but I had better luck working with a *financial advisor* . I’m glad I choose to work with *Donald Nathan Scott* and I have no regrets with my decision.

@patrickhenandez9448 2 жыл бұрын

@Cattaneo Rita As to get more information on suitable investment you could engage in. You can easily find the Investment Professional (Donald Nathan Scott) on the internet where you can easily reach out to him. Do your research using his full names as mentioned.

@maxwelljones8908 2 жыл бұрын

Personally, I’m blessed and realizing I’m not the only one working with Donald Nathan Scott I will consider myself lucky. I’ve been able to feed and make a living through his advice and great work. For such a person as Donald Nathan Scott, we owe him gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn’t just wise but has all it takes to handle an investment and is good at what he does.

@veronicaseth354 2 жыл бұрын

Having a good financial planner is like having a mentor . I was loosing my money trying to invest on my own but it was different with *Donald Nathan Scott* . He has played a great role in improving my finances. Long before now, I relied solely on my work and salary. Right now, I have a way of making much money and without stress so I quit working for others . Honestly , investing isn’t a choice anymore but a *MUST* for anyone who wish to gain access to a good and an independent life.

@A.Man.From.Cyprus 3 жыл бұрын

Aaah! After retirement is a very difficult phase of life, especially if you are alone! I hope everyone, after retirement, be healthy and happy! 🙏

@superchaz71 3 жыл бұрын

This is great stuff. Love your Channel. Thanks

@lindav1403 3 жыл бұрын

Seniors do not "inevitably" end up needing nursing home or assisted living care. Per the National Institutes of Health, in the U.S. only 4.5 percent of older adults live in nursing homes, and 2 percent live in assisted living facilities.

@bengonzalez7777 8 ай бұрын

I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for,

@henryjones6303 2 жыл бұрын

If being a millionaire retiree is your future forte, then keep a close eye on the stock market stakes and ensure that you invest in the right stocks that suit you.

@geraldbenzinger9703 2 жыл бұрын

It’s easy to double few dollars in the stock market

@aureliocantos8466 2 жыл бұрын

Investing in the stock market is the best option to make a passive income. Virtually all the markets are crazy, most people pay more attention to the shiniest position on the graph, I’m keeping a diversified portfolio.

@jackholley4286 2 жыл бұрын

How possible is it to earn a thousand dollar per month on the stock market?

@DavidMiller-du9dy 2 жыл бұрын

@@jackholley4286 You can surely earn $1000 per month by trading stock market, provided you have in depth knowledge of trading strategy like technical analysis, chart patterns, support and resistance, trendlines, risk management

@kumarvenkatesh6600 2 жыл бұрын

@@DavidMiller-du9dy most stocks in my portfolio are underperforming and there’s too much volatility with key stocks. Which stocks would you recommend I buy?

@bartoszdobroslaw9774 2 жыл бұрын

Great stocks and I just bought in on them, but I'm interested in making short term profit, let say turn a $150K to $500k in 6months, I'd appreciate tips on how what stocks to buy to make this much profit.

@bartoszdobroslaw9774 2 жыл бұрын

@Fred Howard That sounds great and how do i connect with her ?

@bartoszdobroslaw9774 2 жыл бұрын

@Fred Howard Okay i just found her website and left a message for her. thanks.

@TheFirstRealChewy 2 жыл бұрын

$150K to $500K in 6 months? That's more than a 300% increase in value. If you are investing in stocks, you'd need a invest in a company that grows at that rate or faster. That essentially rules out all the well established companies. You'll want to focus on startups and at best small cap companies. So you'll be more of an angel investor or venture capitalist. The risk is high but so is the reward. You'll be looking for the needle in the haystack, but they do exist if you know what a needle looks like. Stocks are not the only investment with a high return. You can also flip houses, invest in cryptocurrencies, start your own business, etc. At the end of the day, it's going to take work, a lot of it. It makes sense though since eveyone would be doing it if it was simple.

@lauralampe1664 2 жыл бұрын

Not all seniors end up in nursing homes or assisted living facilities. My dad is 91, and so far he is still living on his own. I did purchase a long term care insurance policy for myself a few years ago. They are not cheap.

@bernaclischurchill4463 Жыл бұрын

Good video. One or two of the points I did not do, or could not do, because of the pandemic, but overall it was on point. Ms. B. Churchill

@giuffre714 2 жыл бұрын

If 100% of your social life takes place at work, don't retire. I always had more fun when I wasn't working, so retirement was super easy : )

@irisguerra861 2 жыл бұрын

I am using strategic compounding interest accounts for my retirement with index funds.

@koksinglau2494 2 жыл бұрын

Great video. I think careful spending is key. The other is to be debt free particularly the big ticket items like car and housing loans. Then try to spend from passive income like annuity, rental , dividends. Keep the principal sum intact for as long as is possible. Medical insurance is mandatory.

@annaahmed2564 3 жыл бұрын

That's very helpful tips thanks for sharing keep it up good work.

@actuallybusiness1622 3 жыл бұрын

*every family has a person who breaks the chain of poverty. I hope you will be that person!!*

@user-yp4gm3it5o 3 жыл бұрын

Whats✔️...app✔️

@rosewellcampbell752 3 жыл бұрын

We can make a difference, once we start to atract a goal orientated mindset. Start doing what 5 percent or 9 percent do with time and money.

@sheisomarica 3 жыл бұрын

🙏🏾

@bekind3050 3 жыл бұрын

I am. That's why I will not become millionaire. But I feel happy and content.

@deancrowley5044 3 жыл бұрын

@@bekind3050 It has been said that poverty is not having enough . Poverty is wanting more.

@squirrelcovers6340 3 жыл бұрын

Hiking. Fishing. Picnicking. Riding country roads. Exploring the mountains. Reading. The list is endless.

@khoohongcheng857 3 жыл бұрын

@jessicaarverne1181 3 жыл бұрын

A 14th thing you need to do is preserve your mental, physical and spiritual health: Avoid stress, processed food and the couch. Simplify your life by not caring so much about worldly things. Exercise your body and mind daily. Cook fresh vegetables, eat fruits and do not eat too much meat. If you are in that, pray every day or do some yoga and relaxation.

@dobbiejoyner8110 3 жыл бұрын

Amen! Thank You for that . That’s my #1 at the top of my list ! God first !

@josephkitonyi7851 2 жыл бұрын

Agree. This advise should be number one not number 14

@sharmeen31ify Жыл бұрын

Love this!

@lauralampe1664 2 жыл бұрын

I have tried to instill in my 2 oldest nieces in their 20's and 30's to enroll in their employers retirement plan now. I started at age 28, when I thought restaurant was a bajillion years away. Hopefully now I have just under 4 years to go unless my employer retires me earlier than that.

@sct4040 3 жыл бұрын

I didn't plan, plan, plan. I just save, save, save 1/2 in the bank, and invest 1/2. Looking forward to not having stress.

@Heywoodthepeckerwood 3 жыл бұрын

So...what do you live on???

@irenefunn4261 3 жыл бұрын

You say you don't PLAN, but you are Saving, Saving, Saving, that means you are PLANNING. LOL

@garyrichardson8934 3 жыл бұрын

@@Heywoodthepeckerwood Exactly~ 1/2 saved in the bank and invest 1/2 = nothing left to live on. Not the greatest retirement strategy 🤣

@GillianAllison1 3 жыл бұрын

I am 45 years old with very little set aside for retirement at this point. I have always been curious about the stock market and have witnessed some people who played the game right and retired early because they used the stock market. When I ask them, most said that they invested very little to start with, but their portfolio grew. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns

@yea26d83 3 жыл бұрын

I recommend to pick up and read a few books. Peter Lynch is where I was recommended to start. Learn different strategies so that you might develop your own

@edmpapi2748 3 жыл бұрын

Buy index funds if you wanna be safe, though you are probably be better off just going to Vanguard or something for that

@GillianAllison1 3 жыл бұрын

@@lawrencecable1816 please I'm fascinated to ken who your broker is and how she can be reached?

@GillianAllison1 3 жыл бұрын

@@lawrencecable1816 Thanks for sharing, I'll look her up on google

@williamgates5652 3 жыл бұрын

Read, and read more, then read even more. The Millionaire Next Door. The Intelligent Investor. Rich Dad, Poor Dad. Atomic Habits. The Only Investment Guide You'll Ever Need (That's really the name of the book), Think and Grow Rich. Finally, NEVER invest in anything you do not understand. If you use a service, the investment manager should be able to explain the investment to you in very simple terms. If they can't do that, avoid these people!

@priscillabohn4621 3 жыл бұрын

thank God I have VA it covers everything even retirement homes. I have 2 pension through state from Teaching and soon S.S.

@alsun3627 3 жыл бұрын

Invest in health, get a federal government job which will allow you to retire at 56 with pension, supplement (equivalent to Social Security before 62), Thrift Saving Plan (equivalent to 401k), and medical insurance (others have to wait till 65). Invest in Index funds (especially S&P 500) and Vanguard funds.

@warriormanmaxx8991 2 жыл бұрын

@Al Sun - you seem to have ALL the answers to retirement !! Are you a know-it-all in daily life, too?

@annjean8709 Жыл бұрын

Al Sun, Great advice 👌🏾 👍🏽 Thank you for sharing.

@archiemcdougald5466 2 жыл бұрын

The number 1 thing to know is that the 4% rule is not viable any longer given the economy. Better thing to do is generating passive income through investments only advice is not to put all your eggs in one basket. Personal examples of this, a friend of mine lost almost all of his retirement savings in the Luna crypto saga. Personally, I try to split mine between Stocks and Real Estate such that if one is affected, I would not be too affected and that has paid off as I made my first million earlier this year through this method (got the help of a pro though). I also experiment with a couple of other things. Hard to imagine what the situation would had been given the times.

@trishawallor 2 жыл бұрын

Pragmatic... I have been into all of these for sometime and though I won't say I have lost a fortune, I have squandered quite a lot... How can I get in touch with one? If it's not a problem, do you mind recommending the pro. you worked with? I could definitely use the help of one right now... I anticipate your response..

@mrmoore2485 2 жыл бұрын

that's a really clever approach

@archiemcdougald5466 2 жыл бұрын

@@trishawallor Funny enough, I can honestly relate. It's not as easy as it may sound and requires some sacrifices but it is definitely rewarding. I don't know if I am permitted to drop it here, but her name is "Nancy Lynn Lewis". Was in the news a lot in 2018. You can check her out online for more.

@paulagoodman7530 2 жыл бұрын

@@archiemcdougald5466 wow I know this little lady. Once attended a seminar she was also in attendance in Vienna,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,

@trishawallor 2 жыл бұрын

@@archiemcdougald5466 Thank you...

@SY-sp8uo 3 жыл бұрын

1. Master a skill 2. Build a business 3. Scale it 4. Invest in the stock market 5. Invest in the real estate

@user-yp4gm3it5o 3 жыл бұрын

Whats✔️.. app✔️

@philipgerry5228 3 жыл бұрын

That’s a good recipe for a great retirement.

@SanctifiedLady 2 жыл бұрын

What is meant by “scale it”?

@warriormanmaxx8991 2 жыл бұрын

@@SanctifiedLady - did you consider doing a search on what "scale it" means?!? "Scale" means to MAKE BIGGER !!

@normgraham8630 3 жыл бұрын

My mother worked for the State. She made horrible wages. But....in retirement, she made about the same, because of the pension. They even gave her insurance on insurance. She's got the best single room in the assisted living.

@TheNORegretShow 3 жыл бұрын

My parents said it was the happiest most scariest day of there lives. They said it was hard to transition into doing something different after doing the same thing for so long.

@TheNORegretShow 3 жыл бұрын

@@user-yp4gm3it5o You are a scam

@sct4040 3 жыл бұрын

I have been practicing retirement since working from home.

@fabianmckenna8197 3 жыл бұрын

Reached retirement age almost three years ago UK but carried on working until my wife is ready to retire. Must admit that 7 months of furlough certainly put me in the retirement mode! Four months to go........

@jvage 3 жыл бұрын

Retirement is a decision that needs to be made based on your level of savings......NOT BASED ON YOUR AGE!

@2legit2Kwit 3 жыл бұрын

Amen!

@gideonmlewa9819 3 жыл бұрын

Online scams

@RetirementTravelers 3 жыл бұрын

Absolutely!

@davidpetersen1 2 жыл бұрын

It's not that black and white. Sometimes it is decided by physical restrictions.

@jvage 2 жыл бұрын

@@davidpetersen1 For some this is true. Good point.

@karenjcosme 3 жыл бұрын

this could easily apply to a widow(er), a divorced person, job loss, et c. be prepared!

@dannyhills8194 3 жыл бұрын

What do you mean by prepared. I always expect the worse and try to get things in place. What's your opinion?

@danharvey61 2 жыл бұрын

Good advice!

@Riggsnic_co 4 ай бұрын

@kevinmarten 4 ай бұрын

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

@maga_zineng7810 4 ай бұрын

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000

@Mohaimam316 4 ай бұрын

Mind if I ask you to recommend this particular coach you using their service?

@maga_zineng7810 4 ай бұрын

'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.

@Mohaimam316 4 ай бұрын

thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

@siamejames9357 3 жыл бұрын

cover other countries as well. Good guidance

@kucheranraina9201 2 жыл бұрын

I’m 41, and my partner is 50. We have $800,000 in retirement savings and make $250,000. We want to retire ASAP but know our money won’t last. What can we do

@alinaally6048 2 жыл бұрын

When I retired at 63, I had accumulated a little more than the LW in my IRAs. Just like the LW, we had no mortgage or any other debt, and we calculated we could easily live on our SS and wife's pension. We truly retired... there was no need to do any kind of W2 or 1099 work anymore. We invested our IRAs into fairly aggressive stocks and bonds, which generated an average $165K increase annually these last 10 years. We "distributed" (took out) close to $100K a year for vacations, travel, fun, and other investments, i.e., real estate and crypto. We envision that we can easily do this for another 15 to 20 years when I will be in my nineties. Don't know if the LW will be able to this for the next 40 to 50 years. It can be done, but on the other hand, I was at the prime of my life in my forties and fifties, earning more money than ever before and truly enjoyed the path my career had taken. I cannot imagine living the lifestyle I live today back in those years.

@rianosherry860 2 жыл бұрын

We are headed towards massive inflation and a recession. I advise you to work 5 more years. Retiring at 46 and 55 is still early. Working just 5 more years and continuing to invest as you are, should give you plenty. Better to have a little too much, than not enough.

@mooreleigh8928 2 жыл бұрын

My portfolio grew by 100% within 6 months. Couldn’t have put it better myself. Last year a colleague introduced me to a financial consultant Rosemary Carlson who has been helping me find investments that have significant growth potential. She invested my money in reputable companies which their stocks must always rise after any dip.

@kucheranraina9201 2 жыл бұрын

@@mooreleigh8928 How are you investing? I have around $800k, i need something more aggressive to grow my portfolio, What do you think I should try?

@cristinabaker5292 2 жыл бұрын

@@kucheranraina9201 I’ve been investing over 10 years and the best advice I have found comes from Rosemary Carlson who has several free and nominal cost services that have this type of information. Just look her up ⬆️

@bherber 3 жыл бұрын

Very good video

@bernie9728 2 жыл бұрын

I knew when I got my first full time job in 1975 that I was going to retire in 2016. It's not a crystal ball, it's 8th grade math. I hadn't even purchased my first house yet. That came a few months later. 1975 was a pretty big year for me. First full time job, first house and I got married for the first time later in the year. Purchased our second home in 1982. Just like I planned I retired in 2016 at age 62. My wife retired two years later at age 62. We never watched a single video on the subject. All we did was plan and use simple math. A major part of the plan was to reduce our debt to zero by the time I retired. Coming up on the 6 year mark of my retirement and we a yet to draw any money out of your retirement fund. Remember it's not rocket science, but there is some math involved.

@gupndors 2 жыл бұрын

I'd say if you built up such a fund you don't use, you probably over cooked it and could have retired a lot earlier.

@cindywright1884 2 жыл бұрын

@@gupndors Soo true

@bernie9728 2 жыл бұрын

@@gupndors Not to worry. I've got my eye on a new motorhome that will set us back about 150 grand. Also it's always better to have too much than to run short.

@morrowaa Жыл бұрын

Thanks!

@PracticalWisdom Жыл бұрын

Wow! God bless you Aaron!

@lucasparker6250 3 жыл бұрын

The government isn't paying the retired workers enough due to the present situation in the economy... Bitcoin investors are making huge profit now bitcoin has raised to 55k today. 2021 is gonna be a great year for investors.

@jamescharlotte9821 3 жыл бұрын

I'm a retired nurse for months now and I'm yet to figure out a plan while staying at home, talking about bitcoin I think that should be a great idea.

@lucasparker6250 3 жыл бұрын

@@jamescharlotte9821 yes you're right 80% of millionaire's are bitcoin investors, Bitcoin has helped alot of people

@heresy9835 3 жыл бұрын

I love to invest in bitcoin and other crypto currencies but it's difficult to understand the market.

@whatsapp-526 3 жыл бұрын

@@heresy9835 as a beginner I will advise you to work with Susan Ann Kira, for good and huge withdrawals.

@emmettmax5932 3 жыл бұрын

@@whatsapp-526 which of the Susan? Is it the one from the financial channel?

@wealthyasamindframe1946 3 жыл бұрын

Part of this list should also include assessing your life insurance policy and where you're in your life

@user-yp4gm3it5o 3 жыл бұрын

✔️ +1...9..7...8...3...4...7 2..7...1...2

@user-yp4gm3it5o 3 жыл бұрын

Whats✔️.. app✔️

@nycdweller 3 жыл бұрын

Forget long term care. At that age, no insurance company will insure a retired person

@blass5506 3 жыл бұрын

Investment , don’t get divorce, pay off mortgage, pay off all debts, preserve yourself mentally and physical, no worries etc etc etc but who knows until what age you will stay alive and get cancer or other decease? Live your present with whatever you have if you are healthy now that s your fortune .

@toqeermuhammad3328 3 жыл бұрын

Salaries savings weekly and monthly income will not make you rich but investment makes you financially strong and wealthy

@junaidiqbal1737 3 жыл бұрын

I was introduced to my personal trader, Mrs. Stella Elliston sometime during the lockdown, she has helped me gain a lot from forex and crypto trading.

@jalalmuhammad6859 3 жыл бұрын

I've been hearing of Stella Elliston and her exploits in the trading world, please how can I reach her???

@sharifasharifa8769 3 жыл бұрын

@@jalalmuhammad6859 you can message her on t£lgramm @

@sharifasharifa8769 3 жыл бұрын

@Stellaellistontrades

@bruh-pf3mj 8 ай бұрын

Greeeeeat video for retirement information. Thanks 🙏

@PracticalWisdom 8 ай бұрын

Glad it was helpful!

@snowylim6818 2 жыл бұрын

The first is make sure you get enough money,second,depending on what you working,make sure your work already complete,without any regret,third,how to spend your time,oh yeah,travel

@calvinatdrifterstudio8438 3 жыл бұрын

I think people go wrong with car leases and stuff. These are some of the most expensive liabilities you can get into. Also, make sure you have some kind of healthcare or insurance, or move to a place that offers affordable medical care.

@82Brightstar 3 жыл бұрын

Absolutely agree about car leasing! I know people who lease continuously And never buy. I don’t think very highly of them! Sorry but it’s one of the most stupid thing a person can do! For me, I’ll get a nice car & drive it for about 5, 7 years. And yes I would be paying for it for 5,6 years but at least when I sell it I will still get a good amount of money back in my pocket! People who lease not only get nothing they also lose a lot of money IF they damaged the car

@JamminClemmons 3 жыл бұрын

@@82Brightstar * *82Brightstar* * - What the hell? *WAKE-UP!* I'm leasing a brand new Chevy Equinox, fully loaded for $225 a month. Take your advice and *shove it down your pie hole....ffs.*

@82Brightstar 3 жыл бұрын

@@JamminClemmons You’re stupid With leases you cannot even have one little scratch on it either! You’ll have to return it in perfect condition! My very nice Camry I got a good deal for $21,000 I put down $10,000 and borrowed the rest from Credit union, My monthly payment is only $164 monthly!!!! That’s nothing to me, basically free!! After I drive it for 5 years, and paid off I can sell it and can get most of my $10,000 back Because I purchased a good quality car & I only drive it to work, low mileage still! So you can shove that up yours! 🤣 That’s the difference between people like you and me, BET you don’t have $10,000 $30,000 in your bank account do you????🤣

@82Brightstar 3 жыл бұрын

@@JamminClemmons BUT I’ll have to give you a little credit though Since you’re only paying $225 That’s not too bad.. When I talk about people wasting much money I’m talking about people who lease very nice cars for like $350, $450 monthly!! Just giving & giving to the dealership all the time!

@kiaouattara9077 2 жыл бұрын

That is one thing I dont want is a car lease. I dont have a car at the moment.....

@janfastert7489 2 жыл бұрын

Thank you this is very easy to understand. The one thing I did not realize is that I would need to retire to something. Now I am getting ready to retire in about six month. I am scared I will not be happy. I love to work. How do I figure out this new part of my life

@bobk3840 3 жыл бұрын

It is truly amazing that so many financial “experts” have commented on the video...

@donaldkrayburn7477 3 жыл бұрын

Řetired with a 7 figure portfolio and Receiving about $53k in dividends. I have been in the Stock market about 20 years. Am I worried? Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out, adding more at a time. my investment strategy actually calms me down. Eye on the prize, stay the course!

@Gbdnd 3 жыл бұрын

D!vidend investing is great, just be patient. I went from making enough passively to pay for my netflix and hulu to now making enough to cover half of my mortgage. Not commenting this to brag, just to give hope to anyone who is discouraged by tiny gains in the beginning.

@cristinabaker5292 3 жыл бұрын

what route did you take? how can one invest more efficiently? help. sounds like you got something going for you. I am new at investing and really want in

@aimeeanderson5837 3 жыл бұрын

Recently I got into the financial niche, and I’ve taken a deep dive into investing, particularly dividend growth investment as it interests me. hoping to get to your level someday.

@donaldkrayburn7477 3 жыл бұрын

i've been working with someone who changed my idea about the stock industry and how DGI works ..I invest with the guidance of ELIZABETH WILDER RICHARDSON, I came across her on an investment webinar, just search her name online to know more about her. She has a website, you can reach her from there..cheers

@AyaanFarax223 3 жыл бұрын

@@Gbdnd love it when i see people excelling. I'm also on my way to the millionaire's club from investing in stocks. It's exciting watching your wealth grow. Good luck to us both.

@pierrethegod22 2 ай бұрын

I can’t wait for my book to come out. It’s going to help millions of people. This video is a scheme and unwise advice. Goals should be realistic and as I study to be a Financial Advisor, I find myself fighting the matrix/status quo.

@RWAfuture 3 жыл бұрын

Today it's not about return ON capital. Today it is about return OF capital.

@angelag.johnson1985 3 жыл бұрын

Just Subscribed. Great and Helpful info.

@rabbimvekildir6413 3 жыл бұрын

Salaries savings weekly and monthly income will not make you rich but investment makes you financially strong and wealthy

@sydfrissell 3 жыл бұрын

I'm not depressed! I love retirement! My last job was stacking heavy tires at a hot tire manufacturing plant!

@mrmoore2485 3 жыл бұрын

Retirement is now a nightmare see the stock market is in shambles we are gonna die of hunger.

@kathleenstoner.n7499 3 жыл бұрын

How, In your dreams? Tech stocks are still booming!

@sakhalittle9206 3 жыл бұрын

@@kathleenstoner.n7499 Heard that too...Nasdaq in particular. What are are your thoughts on aapl, nndm & pltr?

@kathleenstoner.n7499 3 жыл бұрын

@@sakhalittle9206 I don't do it myself. I cry alot lol. Found Sandra Yvonne webster on the internet. In all honesty, she's an angel.

@ericl452 3 жыл бұрын

#1: Pay off ALL debt prior to retirement including your mortgage.

@charlescoryn9614 3 жыл бұрын

Hear! Hear!......

@Redchairfalcon 3 жыл бұрын

Heading that way! 2 bills left...

@sct4040 3 жыл бұрын

Then sell that house, get rid of clutter, and live minimally.

@luisemmanuel777 3 жыл бұрын

Agree

@charlescoryn9614 3 жыл бұрын

@@sct4040 ........ Been there, done that...... House paid off, but clutter won't go away......

@luella5096 3 жыл бұрын

TYVM THAT WAS BEAUTIFUL

@gupndors 2 жыл бұрын

I find the amounts quoted as what you need compared to what you really do need to be way over quoted. If you have saved hard, you have probably been living quite carefully anyway. Once I removed the savings, mortgage, pension payments etc I realised I needed much less. I also have no kids so no need to leave a legacy, so plan on not just live off a 4% earnings on savings but to use some to buy a rental property and deplete my pension pots one at a time to zero and then begin to use the equity in my home. I plan on ending my days with roughly nothing in the bank, same as I arrived with.

@klomax7089 Жыл бұрын

Really good info TFS 🙏🏾

@oldcountryman2795 3 жыл бұрын

Love the cheap tape over the Apple iPad logo. Couldn’t find a case?

@dwalker6868 3 жыл бұрын

Thank you

@smartanajones4u 3 жыл бұрын

Maybe I’m the only one in the world who doesn’t want to retire because I love my job, but I know I cannot work forever since one day my body may not agree with me.

@abduljolil1994 3 жыл бұрын

First person to say that

@tanyarohit 3 жыл бұрын

I love part of my job and love work that doesn’t pay as well

@BEAUTIFULDIANAFRANCIS 2 ай бұрын

@Julia-b9x 23 күн бұрын

LOL!!! When you mentioned the name at the end, you gave it away that your comment is part of a scam. Scam, scam, scam.

@squirrelcovers6340 3 жыл бұрын

NOTHING better than not working💙💙💙💙💙💙

@phuchauvo9205 3 жыл бұрын

Thanks.. 👍👍

@user-yp4gm3it5o 3 жыл бұрын

Appreciate your comment,👍 For Further Guidance👇

@user-yp4gm3it5o 3 жыл бұрын

+1...9..7...8...3...4...7.. 2...7...1...2

@user-yp4gm3it5o 3 жыл бұрын

Whats✔️...app✔️

@francesvandeburgt4173 3 жыл бұрын

I can tell you what one of things you need is money and lots of it

@davidforesto Жыл бұрын

Retiring from public services made me realise that I had no means to passive income and in 5 years I only moved around in circles financially, I needed to make investments immediately desperate retirement and that led me to this looking for ways out. I feel very accomplished every time I remember my journey and how I have been able to grow my Investment to a return of over 200% in less than 6 months. Mind-blowing experience really

@TopCelebMedia 3 жыл бұрын

*this is a great video*

@davidanderson9237 3 жыл бұрын

@@user-yp4gm3it5o like

@davidanderson9237 3 жыл бұрын

@@user-yp4gm3it5o B bhgggtyt?hu

@kevinh5349 4 ай бұрын

A local health facility has experts in Medicare that will consult with you. Federally funded. Find the one in your area. Speaking with them really clarified for me all the options when conferring what's best for me in that regard.

@TrafArts 3 жыл бұрын

A great video!

@drackkor725 2 жыл бұрын

The first thing I would do is talk to a financial planner a year or 2 before you retire. There are a lot of tax loopholes and hidden costs these advisors know of. Also just pay this financial planner a one-time fee don't invest with them. In the meantime try and go debt free. If you own a house have a new roof paid for in your house savings account to cover major repairs and taxes. Never spend your cash first the biggest expense in retirement is taxes. So this is where a financial planner will lead you in the right direction. Also if you have stocks now is the time to go to the Bonds, ETF & Low-cost index funds this will lower your risk big time!

@edkolly7147 10 ай бұрын

Useful advice however wish more advice for Canada we may have universal healthcare but cost of medicines expensive!

@outdoorguy845 2 жыл бұрын

In regards to the comment about dealing with your spouse, actually if you're single you'll probably have much more money in retirement and won't have to worry about running out

@gracieallen8285 3 жыл бұрын

All debt should be paid off before retirement

@giuffre714 2 жыл бұрын

I did that but I have a friend who has a 3% mortgage while earning 10% in the market.

@gracieallen8285 2 жыл бұрын

@@giuffre714 there’s no guarantee in the market but I wouldn’t discourage you from investing

@giuffre714 2 жыл бұрын

@@gracieallen8285 I have no debt because I prefer the peace of mind. But my friend made one heck of a flipside argument. I went my way, he went his, and we both wound up retired on the same block in Florida : )

@gtberg 2 жыл бұрын

Notice that dude in the video is drawing a martini glass during the "Plan, Plan, Plan" portion of the video!!!! Hahahah!!!!!

@HelloRetirement 2 жыл бұрын

Good, inspiring and informative. We are also inspiring retired person in our video.

@PaulPeixoto 3 жыл бұрын

We have a culture that feels that retirement is "coming" and we have to prepare for it. Then we are told that the way to prepare for it is to get your finances in order. Something is wrong on both accounts, here. Retirement isn't "coming." It's a way of life I choose or don't choose. And finances are not the only thing that we need to prepare for in our advancing years. A lot of people are going to be forced to extend their working years. We need to prepare for that. The data on those who pursue a classical (read: full stop) retirement are not good. For example: there is a 40% increase in the incidence of clinical depression for those that make a full stop. We get a large part of our identity, socialization, and mental agility from our work. There's a lot more at stake here than just how much you have in the bank. Hard stops can lead to heart stops.

@Mitzi73 2 жыл бұрын

Agree 100%!!

@proactivepinoy1425 3 жыл бұрын

What a great vids

@user-yp4gm3it5o 3 жыл бұрын

Make a Note to Richard for ETH./Bitcoin investment ideas💡

@user-yp4gm3it5o 3 жыл бұрын

✔️ +1...9..7...8...3...4...7 2..7...1...2

@user-yp4gm3it5o 3 жыл бұрын

Whats✔️.. app✔️

@LWRC 3 жыл бұрын

You missed purchasing that Lamborghini!!!

@PatrickLloyd- 8 ай бұрын

As a soon retiree, keeping my 401k on course after a rocky 2022 is top priority. I have been reading of lnvestors making up to 250k ROI in this current crashing market, any recommendations to scale up my ROI before retirement will be highly appreciated.

@cryptoflippodcast 3 жыл бұрын

Investing is necessary for retirement ❤️

@user-yp4gm3it5o 3 жыл бұрын

Whats✔️.. app✔️

@jajajaja2624 3 жыл бұрын

And stay off the gov plan.

@isaachunt5799 9 ай бұрын

make sure your home is paid off make sure you have at least 100k USD in savings. we're touching 60 and have no loans no mortgage and over 200k saved. the day we retire we should have 400k saved

@thembikhayajaxa5578 3 жыл бұрын

very good

@juliusakrong146 3 жыл бұрын

That was quite a lot of human wisdom, how reliable has that been, when it excludes the divine....??

@lynnielt 3 жыл бұрын

Its unpredictable future

@selfworthgroup4361 3 жыл бұрын

Invest, Invest and invest 😉

@user-yp4gm3it5o 3 жыл бұрын

Participate in our GIVEAWAY Now 👍

@user-yp4gm3it5o 3 жыл бұрын

✔️ +1...9..7...8...3...4...7.. 2...7...1...2

@user-yp4gm3it5o 3 жыл бұрын

✔️✔️What ap me

@deliaocampo4340 2 жыл бұрын

Plan must have enough money how long a person will live while young work hard and save no worries 🇸🇽🇺🇸

@bikerboy5592 2 жыл бұрын

when i get my retirment i when philipines meet my wife and family im from europe i had no savings but i live in philipines as expat and have bussiness there and live like a king so i safe 0 to go philipines and get my pension retirment every month on a bank in philipines example u start to safe lots of money u go out a truck hit u and all that money go to the state back then better go before it is to late dont listen to other think about yourself

@leehsiung2489 2 жыл бұрын

Financial investment can be emotionally exhausting/frustrating in a case where inconsistency in trade wins is much. Positive results are guaranteed more if one works with a reliable professional. My most sincere take though!!

@charlesrobert3992 2 жыл бұрын

I share the same view. Tried to make a start on crypto investment but was almost frustrated out by heavy loses till Joanna Maria Jervis was recommended to me. She has been managing my portfolios for a while now and have never faltered

@christopherkraft5553 2 жыл бұрын

@@charlesrobert3992 Wow, so grad someone is talking about Joanna Maria Jervis, her investment strategies are top notch. Have been following her guidance

@hennykelly7535 2 жыл бұрын

@@christopherkraft5553 How do I contact her?

@josiefrench7672 2 жыл бұрын

@@charlesrobert3992 I Just look her up on the web, wow! Quite Impressive. I’m definitely investing with her Thanks!

@CarolynELane-my5ch 2 жыл бұрын

@@christopherkraft5553 Much thanks