It's impressive how much you saved during your working years, a feat not many achieve in a lifetime. Now that you're retired and rely on your investments, it's wise to redistribute your capital to mitigate risks during market fluctuations. Consulting a financial advisor can help simplify this process.

A lot of folks downplay the role of advlsors 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

impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

Rachel Sarah Parrish is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

Finding financial advisors like Rachel Sarah Parrish 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.

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.

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 $875k 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.

As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?

Finding financial advisors like Sharon Marissa Wolfe 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 looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

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

It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.

Jennifer Lea Jenson 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 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.

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. hence I will suggest you get yourself a PRO, someone that can provide you with entry and exit points.

Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

Please can you leave the info of your investment advisor here? I’m in dire need for one.

’'Jenienne Miniter Fagan’’ is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment

Thank you for this amazing tip. I just looked up Jenienne, wrote her explaining my financial market goals and scheduled a call

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

@@claircourtway 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

@@FernandoBowen-78 My advisor is VICTORIA CARMEN SANTAELLA;

You can look her up online

@@claircourtway The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

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.

A lot of folks downplay the role of advlsors 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

impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

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.

A few years ago, I found myself in a similar situation. I had anxiety all the time. My worry vanished after I made the decision to begin working with a financial counselor and began to get large monthly profits.

Well, that's also my answer, even though I'm not retired. I've been relying on a fiduciary to handle my portfolio for the past seven years because, as a contractor, I don't have much time to research assets. I have expanded my portfolio by up to 300% and been able to navigate market volatility with greater effectiveness thanks to this method. You could think about taking a similar tack.

This sounds very incredible. Could you recommend who you work with please

Amber Michelle Smith 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.

Just a recommendation to look into: As soon as you can possibly take Social Security, take it and invest all of it. (Provided you can still work and have a job 401k plan of sorts). This way you are "extra investing" with the SS money while still working. If you can work for at least another 7-8 years then you'll be set. The other main key is you'll be able to live off significantly less if you have zero debt. No mortgage allows you to live off just the monlthy interest of the 500k. Again, just a recommendation, I assumed a lot info about you and your lifestyle/where you're at.

As a beginner, educate yourself, Learn the basics of investing and the stock market. There are many resources available online, including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research.

A lot of folks downplay the role of advlsors 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.

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.

Just research the name Angela Lynn Shilling. You’d find necessary details to work with a correspondence to set up an appointment.

Thank you for the pointer.

For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary abilities and knowledge to complete such occupations do so successfully.

Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

Carol Vivian Constable 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 just ran a Google search for her name and came across her website; thank you for sharing.

I have $295,588.25 in my Fidelity retirement account. I cranked my contributions up to 35% and I do all the investing on my own. Fidelity just holds my ETFs/stocks. I made that change earlier this year. I'm hoping to end the rat race by 60 but it's looking more like 63-ish. I want to have $1.5M and bring in about $60k in dividends each year. Pedal to the floor! Thanks for the video. Great content.

I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?

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.

Watch the great taking by david webb. Your money is not going to be there for you.

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.

A lot of folks downplay the role of advlsors 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 one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

Rachel Sarah parrish 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 this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.{

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 advisr 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

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’COLLEEN ROSE MCCAFFERY” for about five years now, and her performance has been consistently impressive.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.

At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.

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 $30k passively 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.

That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?

Amber Michelle Smith 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 for sharing, I must say she 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

True. I’ve been investing in the money market for 11 years now, last 5 years with the help of a financial planner. Throughout these years of guidance alone, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $1m roi as of today. My best so far

"Jill Marie Carroll" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

My 401k is doing great. This inflation is not hurting the rich nor stock market. You need to see a financial advisor if you are loosing money in the stock market.

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

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

Melissa Jean Talingdan is the licensed advisor I use. Just search the name. You’d find necessary details to work with 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 just scheduled a caII.

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 at least 20% 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 investing in the stock market and potentially grow your retirement savings over time.

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.

That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

Finding financial advisors like Melissa Terri Swayne 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. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

I work with *Jennifer Leigh Hickman* as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

VOO and chill.

Jennifer Leigh Hickman and anyone who recommends “her” is a scammer

I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of 5%.

you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment

You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.

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?

Well, I chose *Sharon Lynne Hart* as my advisor after her interview on CNBC In 2020. She is SEC regulated with offices in the US and quite frankly a genius with portfolio diversification. You should look her up

Financial stud.

Roughly were i was at your age. 750k home equity and 1.4M in 401k/IRA, 47 y/o

@@gbb82 Thank you 👍

@@teddyruxpin7876 excellent work my friend.

You are killin' it!

A lot of folks downplay the role of advlsors 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

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

A lot of folks downplay the role of advlsors 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.

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..

Blaming any president for shrinkflation, rising rents and stagnant wages is the simple approach. Corporate greed, plain and simple, is the reason for all of the above. Corporations and investment funds are buying up rental properties across the country. Corporate America is taking record profits and handing it to their executives in large bonuses and quarterly earnings instead of paying their employees a livable wage. Our system is broken

Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!

That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!

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

Carol Vivian Constable 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 a Google search for her name and came across her website; thank you for sharing.

@Williams093 However, if you do not have access to a professional like JUDITH ANN PEACE, 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

@Williams093 Judith Ann peace is her name

Lookup with her name on the webpage.

@Williams093 You are welcome .

l made better decisions that grew my finances (over 1M in 2yrs) with heIp of my financiaI pIanner. Got my 3rd house Iast month, and will retire soon.

Elizabeth Greenhunts

Get to her with her name..

Kudos.

Many needs this info. Good stuff.

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you

'Linda Aretha Reeves' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

A lot of folks downplay the role of advlsors 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

impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

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.

Yes, you are right. it's been a brisk tailwind for investors in US stocks over the decades but it is still a delicate season now, so I advise you to consider the guidance of a financial advisor.

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.

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with 'MICHELE KATHERINE SINGH' for the last five years or so, and her returns have been pretty much amazing.

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

If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.

A lot of folks downplay the role of advlsors until being burnt by their own instincts. 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.

This is definitely considerable! think you could suggest any CFP I can get on the phone with? I'm in dire need of proper portfolio allocation.

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with 'KATHLEEN CHERYL CONSTANTZ' for the last 2 years, and her returns have been pretty much amazing.

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

Money invested is far better than money saved, when you invest it gives you the opportunity to increase your financial worth.

It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?

Even with the appropriate method and assets, some investors will still outperform others. As an investor, you should already know that nothing surpasses experience, and that is final. Personally, I had to seek advice from a stock specialist, which allowed me to build my account by over $35k, extract my profit just before the correction, and now I'm purchasing again.

Nice to help your daughter but if you are really behind be careful.

@@dustyrhodes2717 I understand the logic but my parents paid for my college and I am only contributing a portion of my Daughters, something I do as a matter of principle.

I know this may sound harsh but your college-aged daughter has a lot more time than you do to build her retirement savings. It's worth considering focusing on beefing up the funds that you will need to survive on for the next 30 or so years. It would be a hard conversation but with time your daughter would understand.

@@lailas.3205 I understand the logic but my lack of retimrement is my issue, not my Daughters. I would like to provide for her what my parents did for me a debt free start to life after college. And I am contributing quite a bit to retirement right now and will increase my savings when she graduates in a year

My wife and i have been busting our butts with the 15% just like they said and we make decent money in my opinion and our employeers really just dont match 💩. 401k match is 2% If what they say is true then we are never going to retire

Correct. My employer only matches 2% also but I’m putting 25% of my paycheck towards 401k but I’ll consider 30% soon and I’ve only been at my current employer for 6 months so I’ll also consider somewhere else if the money is good and 401k contributions are also better

Yep

​@@gabrielj.negrontroche4188you're doing great man its a process and you'll get there! Some companies like mine don't match at all, so 2% is better than nothing! It at least covers any 401k fees.

@@gabrielj.negrontroche4188I don’t have any match so count yourself lucky

The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

Yvette Ruta Musto' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

you have an awesome story. best of luck to you and i hope that you'll be able to accomplish all that you set out to do.

It's never too late to make a change. despite health challenges forcing me to consider retirement at 56, I committed to smart investing. Fast forward two years, and I've saved $1 million, closing in on my $2 million retirement goal by age 60. It's a journey of resilience and determination

you are lucky to have turned things around as timely as you did. But hey, better late than never, right? I'm in my 30s and feeling the pressure to catch up

I credit my research that led me to Emily ava milligan, a top fund manager, rather than luck. 300K to this amount was not coincidence. time to buckle down and get serious

our journeys share similarities. Following my divorce settlement that left me with $215k, I entrusted an investment to a skilled fund manager. In just two years, that decision turned my returns into $1.1 million. i’m eyeing a countryside retreat for retirement

After quickly copying and pasting her name into my browser, her website popped up immediately. It's rare to stumble upon such tangible examples for reference. Thanks for sharing

Have the same degrees and retired at 60 - start saving 15% now and your 50 year old self will thank you! I did not get serious with 15% until about age 30. Hit $1mil nest egg at about 55. About 1/3 was contributions (me and employer), the rest, growth. Never had any debt other than a mortgage. (Actually did have about $10K school loans but paid those off in a couple years.)

Good on you! Now keep your debt down and rack up the savings now. It will amaze you how much it will compound to when you are my age. Compounding works!

Congrats, I did that once and the feeling was wonderful, it's nice to have cash stacking up everywhere once your hard earned money isn't going to your debt masters.

good for you! start saving as much as you can allow yourself in your retirement investments. I’m doing good but I also wish I sacrificed even more at your age

I bought my house at your age have a pension,multiple retirement accounts,multiple cars and am on track to make six figures in a few years I turned 28 on the 18th. No college by the way and I’m gonna out earn 99 percent of you.

I think it's about prioritizing whatever you can invest. I probably spent $2,000 on crap every month in my 20s and told myself that I didn't have enough to invest in retirement.. Boy I wish I did something instead of nothing back then.

Agreed, a better approach would be starting with a smaller percent, then include salary increases and gradually increasing contribution. But the example George uses is less complicated for a quick run through as he is doing. But the numbers end up the same or similar, using conservative salary increase, and ending up at 15-25% contrib in 60's.

​@avisharma1006 After taxes in my 20s, I barely made 2400/mo, best u could do was 200 each month to save. I did better later, but the vast majority of people will never have the income to really start this, one thing never really talked about.

Exactly! I was well aware of this even in my twenties but despite my best efforts to make a higher salary, it didn't happen until my 50s. @@agtsmith87

I'm in my 20s investing exactly 625 a month. However, many people my age have loads of debt, wasteful spending, and no aspirations of sustaining their own lives. You get out what you put in

I'm 51 as well, and your situation hits close to home. It's tough out here. its not easy turning things around when you're in your 50s with little savings. I'm not an expert but maybe exploring online courses or certifications could help update your skills and open up new job possibilities. Hang in there

Your resilience is truly commendable, and I can relate to the challenges you're facing. Two years ago in a similar situation. I sought guidance from Emily Ava Milligan, a highly recommended personal advisor. With an initial $300k, her approach in stocks and real estate delivered an impressive 15% increase within the first year. Last year her portfolio adjustments led to an additional 50% growth, almost doubling my initial investment. For anyone considering a secure retirement, I wholeheartedly recommend Emily for professional advice

I can't imagine how tough this must be. Maybe creating a detailed financial plan and setting small goals could help. And don't hesitate to seek professional advice. You're not alone in this journey

@@KelleyPerkins Ive been in a similar spot a few years ago and sought advice from Emily, a recommendation from colleagues. My initial amount was close to yours, emily's insights in stocks and real estate led to substantial growth. Considering the situation, he should get financial guidance it will be beneficial no matter the situation. Professional advice, like Emily's, can be a valuable asset in securing your financial future. Wishing you the best on your journey towards financial well being. People usually think they waited too long to start financial planning. Bur rarely do people start their financial planning early

@@MichaelKeaton-np4fl I’m open to network with Emily, I’m looking her page up now I messaged twice i hope i get a response then schedule a call for later, any more leads? followed the first result when i looked her up

Congratulations on taking the steps necessary to get yourself out of the financial bind you were in.

Facing your medicine can be difficult. However, with commitment, you'll ultimately reach a highly satisfying place. It's all about the actions you're willing to take.

Your financial journey is truly inspiring, and I'm currently striving to achieve the goals you've reached. Could you please share some tips to help others learn and navigate their own paths to financial success? Your insights would be invaluable.

Samuel Peter Descovich that's whom I work with

SAMUEL PETER DESCOVICH GOOGLE the name

My suggestion to any investor old or new is to always learn to do your own research and don’t just go buying stocks without proper considerations. Most of what is pumped out by the media is what most KZfaq ‘fin-entertainers’ churn out to you as fear uncertainty and doubt.

Agreed. That and reading some basic principles laid out in books like The Intelligent Investor by Benjamin Graham. There are also good KZfaqrs out there like Felix, Graham Stephan, Humphrey Yang and a few others, but generally you are right.

Its unclear which stocks and sectors will lead the market in the next uptrend. Stay away from the stock market if you do not have guidance from a plannner and investment strategist. My finances have been in order since I got a wealth planner like Monica with a 600 B AUM working for me.

Who is thismonica you speak about? I have also been searching for a fin-adv who can direct us on where the economy is headed new year. I don’t live in a big city.

monica mary strigle...consult w/ this lady no upfront fees.

This entire video assumes that you have wealthy parents who pay for your college and set you up with a cushy high income job in your 20's. If you're working at McDonalds or hell even starting a white collar career in your 20's this video is pure fantasy. If you have college loans you have to pay yourself and then have children it's downright hilarious, or crushingly depressing. And if like me you have a chronic illness that wiped out your savings it makes you feel like giving up. All these calculations assume you never have children, never become long-term unemployed, never have loans to pay, and never get sick. Insanity unless you're from a rich family.

⁠@@darinherrick9224 Facts, my adoptive parents are both doctors and didn’t get out of debt until they were in their late 30s and had their own practices. I did it in my late 20s, but had a substantial structured settlement from multiple class action lawsuits which propelled me to success, otherwise I’d still be 34 today working a regular job, barely making it. You need luck, something most unfortunately don’t have.

@@darinherrick9224 You are absolutely correct. I've been working jobs since the age of 10 and now getting close to 60. I started saving as much as I could in my early 20's, lived within my means, been laid of from jobs twice and overcame cancer. So much of life is financial luck.

Just follow these guys. Don't buy expensive cars or trucks. Also never stop trying to make more money

Everyone likes this!

What I get from that is retire early and spend some of that money to enjoy life along the way. Smart for him setting everything else up though.

Well said!

But have you lived? No snark, I just don't see the point of scrimping all you life and then you just spend all that on medical bills. It doesn't seem like living to me.

Reading your post gives true meaning to the phrase that comparison is the thief of joy. Age 53 with 200k in retirement is a great position to be in. Sure it could be more; you were footloose along the way, but 200k is where the compounding will help along the way. I’m 62 with 600k in retirement; if you keep contributing and don’t touch that money, you should have more than 600k at my age. I worked at Fidelity my last 5 years in the workforce and I took many calls from people in their 60’s 70’s even 80’s who had nothing saved. Some had 10, 20, maybe 30k, it was sad. You are clearly not one of those callers. Keep working, but have a beer and celebrate; stop comparing yourself to Warren Buffet.

@@gbb82why were they calling Fidelity with nothing saved? Were they trying to start at the end of the race?

@@ewanfraser You did not want to listen to some of those calls. These people were old and could no longer work. They would ask me to check to see if they had a 401k. After searching, when I told them they did not, and how come they were calling us, they said they knew they did not contribute, they were just calling companies like Fidelity and Vanguard to see if some company that they used to work for put aside money for them. I remember one old lady crying and asking me: “What am I supposed to do, I have no money” I could only apologize, I had no other answer. Some had a 401k, took it out early and would call back 20 years later expecting something. I had a nurse call me during COVID, when the market was tanking. She said she was getting ready to retire, had not checked her 403B in an awhile and wanted to know the balance. It was around $30,000. When I told her, there was dead silence. Then she said: “That’s it? After 30 years looking after patients, that’s all I have?” She cried so hard that morning, I could not end the call, I had to wait until she composed herself. I will never forget that call. Trust me, the suffering is real for those who don’t prepare themselves for old age in America. No one is coming to rescue you. Keep up the good work.

You have $100k more in your retirement than most people your age even with a much later start than you would have liked. That’s something to be proud of. Thank you for sharing your wisdom with the young people in your life. Warren Buffet says once you hit $300k you are halfway to a million. So retiring a millionaire is not out of reach. Don’t be discouraged. You can’t change the past but you did change your future.

I'm 40 years old and have $50k in retirement funds. I have $43k less than the median. I can't save more because I make very little. My expenses are cut as much as they can be. I do have an emergency fund and a little bit of savings for like car repairs but I'll be working until I die no matter what I do.

The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

The best course of action in the current market is to work with an investment advisor, especially for near-retirees. I've been working with a coach for a year now, primarily because I lack the depth of knowledge and mental toughness to handle these recurrent market conditions, even though I've already made over $320K in profits. It's evident that there are more aspects of the market that average people are unaware of than investment advisors are.

that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.

*Natalie Marie Gentry* You can easily look her up she has years of financial experience

Age 29 and only have 40k in 401k? You’re doing good and you’re on your way, as long as you keep contributing and don’t withdraw from it until retirement. I started contributing to retirement at age 30 in 1992. I’m age 62 now and my investments total a little over 600,000, and I contributed peanuts the first ten years. Thankfully I have a military pension so I don’t need to touch that now. Keep up the good work.

Good on you! I did the same in my 20s. Now I'm in my 50s and amazed by how much it compounded! Keep at it!

When did you start maxing Roth?

You are killing it, keep at it!

@@TartarianTopG I opened my Roth at 18, but was only able to max it out in the last two years. Before that I would just contribute what I could

How do you do this without hitting contribution caps

That’s a good deal!

@@tonypreston7278 we also get a bonus 2.5% salary bonus each year contributed if the company is profitable which it usually is.

Solid, dude! Keep up the good work.

@@WRBWRXWGN thanks! I recently reduced my contributions to zero, but work still does 8% so I can focus on consumer debt. Hoping to tackle four or five credit cards this year and 5k of student loans left

@victorblas3483 Is it Roth? Remember match beats Roth, Roth beats traditional. So if they give 8% regardless it isn’t considered match. If it’s a Roth with great options stick with it! But if it’s traditional I would switch your contributions to a Roth.

Keep on that path and you’ll be set! I didn’t start until I was 28 and I have a half million now in my mid 40s. That with a paid off house makes a comfortable retirement very likely.

Good on you bud!

@@tracyaf6084​ I just turned 28 years old last week with just over 5k in retirement savings in my Traditional 401k. I started last year as well and only save 6% with my company match. What should I do differently or add to my portfolio the way you did since you started at that age as well to get where your at? If you could of done it differently what would that be? I want to start my savings journey the right way this year and save more.

You will be so glad you did this! I started saving when I was young (now 64)... I'm in OK shape but I should have saved even more so don't underestimate your contributions.... NOTHING is going to get cheaper in the future :) The important thing is that your paying attention to this now... BRAVO!

What are your thoughts on moving from individual stocks to ETF? That would mean selling and taking a loss on some stocks I want a balanced portfolio, with growth investments, safe investments, and also a focus on dividends to gain up to $20K monthly

a good number of people discredit the effectiveness of financial advisors/experts, but over the past 10years, I’ve had one consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but my portfolio can stand the test of time

I've been looking to switch, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

@@kaylawood9053 ‘Marisol Cordova’. is the licensed advisor I use. Just research the name. You’d find necessary details to work with 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 just scheduled a caII.

That’s goals right there.. well done 👏🏻 2M house paid off is crazyyyy

@@spdog3344 We paid it off last summer. Paid off the last $900K of it in 30 months. It was every extra penny we had.

Great Job! Age 44. $2.8M. Two paid off houses worth $2.3M.

@@boredoreos Daaang!! Nice work!!

Noice

I pray that you to be able to see beyond 80

Everyone needs a different stream of income, such as where one can invest some parts of his or her monthly income.

That woman has changed my life for good. I attended Mylah's class a couple of weeks ago and she's awesome when it comes to guidance...

*SHE'S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME*

*EXPERT MYLAH*

Mylah was interviewed on CNBC Television. You can use something else, for me the strategy works hence my result. She provides entry and exit points for the securities I focus on.

Abt the same 170k age 29 but I get a pension that’s about 800$ a month.

How much do you make?

@@NWI_Steel Started off at 50k, stayed with the same company since I was 21, now at $125k.

What is the 401K invested in?

@@glasshalffull2930 It's a large variety of mutual funds and ETFs. Approximately 30 funds weighted towards aggressive growth for now since I'm in my twenties.

THANK YOU!!! I was coming on here to say the exact same thing, but you beat me to it.

Opposite in this study. high income earners can still only add like 22,500 a year. If he removed them the average would actually go up. high income earner create individual accounts for outside control and better options at investing. Many 401ks are not very good from an option standpoint and only are only good for the matching.

I'm in the same boat as you. I executed my wealth creation plan only at 39. I'm turning 44 next month and could retire by 50 (dream retirement) if I were to start at 25. Now, I think I have to work at least until 55 and with some compromises unless my investments show significant growth.

Good for you! Victory can be achieved despite adversity!

Thanks for this breakdown. It’s helps put into perspective just how much your retirement can increase in 10 years!

Time to give like no one else according to Dave. I take Paypal or Venmo.

Average or median doesn’t really matter as those people are basically screwed.

A good number of people discredit the effectiveness of financial advisors but I've had an advisor consistently restructure and diversify my portfolio/expenses with dividend-paying stocks, ETFs, Mutual funds and REITs, achieving an annualized gain of 25%, in the past 5 years I've made over $3million in net profit, might not be a lot but i find myself secure financially. Is never an easy step, it takes time and dedication

I'm looking to give stocks another shot after staying on the sidelines since the pandemic, if you do not mind, could you explain a little bit how you're getting guidance and how can I contact the advisor?

You can glance her name up on the internet .she's renowned and has quite a following. So it shouldn't be a hassle finding her.

Exactly what I'm doing again this week. The smartest thing I've ever done was having 30% in cash to buy on the way down in 2021. It hurt watching 30-40% discounts drop to 50, but grabbing Google, NVDIA, Apple, and others near the bottom has paid off

Thanks for sharing. searched for her full name and her website popped up, I set up a call with her

He's out of touch with what's realistic for damn near everyone. Which country is he living in?

​@@strangerdanger8462he's living in the same country where the average car payment is over $700 and people spend way more on consumerism than they can afford and where virtually none of the population budgets while simultaneously claiming that it's impossible to save $600/month

For some people it will be impossible, but I bet a lot could save or make an extra $20 a day.

The video is about the ideal and how you should still put something away even if it is small

keep contributing! I'd suggest you consider financial advisory at this point in time, remember you are in for the long haul

I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has just 5X in barely 5 years, summing up nearly $1m after subsequent investments to date.

bravo! I 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?

She goes by '‘Nicole Desiree Simon’ I suggest you look her up online. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did

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.

It’s not all about have a big pile of cash on your deathbed. It’s more of enjoying your retirement years and then leaving a legacy behind to loved ones.

@@benb586 I don’t disagree, but in my industry which is in finance and death, I see this. People obsessing over insane amount of resources that they don’t get a chance to enjoy and I watch their kids blow it. Those kids wanted memories, but Dad or Mom were penny pinching or working every little bit. When the kids finally got it they spend it fast. Trust helps govern spending, but it also creates animosity. All I say is have a balance approach. Have a goal set and break down how you can live on it and enjoy retirement with good health and good family life.

​​@@jolanahoward he said in your 40s not exactly at 40. I was going off the 30s chart. I have 10 years in my 40s to hit that mark. Actually I think he said 45 I should have $460k (attention to detail my friend). Will I hit that mark. Eh. I dunno with the way the markets act. But I shouldn't be too far off by then.

The way they write feels bot like. I have even seen the same weird comment copied by multiple accounts

Can you blame them? It feels good to see all those years of sacrifice bear fruit. Hopefully more young people see this and choose to invest in themselves early. I'm to the point where my monthly contributions are a lot smaller than the compounding interest, and it feels great! It's like having a second job that pays you without you having to show up for work.

Pump those numbers up since you don't have a student loan.

Check your bonds rate. They maybe extremely low. Consider cashing them and put into a Roth IRA

@@nickcarozza9785 Bonds are currently getting 4.96% They were getting over 10.5% back in October 2022

Is your mortgage at 3%? If so, why would you pay income taxes on money and then use that money to pay off a 3% mortgage when you could put it in the 401K averaging 8%? Hell, there are banks offering CDs at 5% if you have enough.