วีดีโอ

Nice lecture. Thanks.

I did a ratio exercise today online. I had not been counting how much we had saved and invested until 9/2022. But I estimated that we had roughly $150K in the summer of 2022. By June of 2023 we had $250K. So, I found an online ration calculator and plugged in 150 is to 250 as 250 is to??? and hit calculate. It calculated 400 which is what we currently have. Then I plugged in 250 is to 400 as 400 is to ??? and it came out to 640. That MIGHT be where we are in summer 2025. I know the markets fluctuate and anything can happen. But there were times, specifically between March and October of 2023, that the market and our growth was rather flat. But on the whole, we hit 400 last week. Has anyone thoughts on this? I have seen a video where the presenter stated that, due to compound interest, the halfway point to 1 million dollars is actually 300 thousand. It has me wondering just what kind of monster I am dealing with.

Why not use the home equity in the last years if your life for long term healthcare?

How do i engage you?

Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.

You know your video did well when the scam bots show up. haha nicely done video

It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

Just hit 50, I plan to retire at 60, project to have around $1.2M in cash and $0.5M in 401K. Home and rentals all paid off worth around $3m. I will most likely start withdrawing SS at 62 together with my wife, she is 6 months younger than me.

No

I retired at age of 62 and have $80.00 dollar only. Now I am 77 and make $4000.00 a month pension.

Easily. Unless you spend like crazy. Traveling the world for 4 months a year on just a little more than that.

$800K invested at 10% is $80K per year plus social security and pension income. Especially if he is debt free, then yes. He can retire. Leave knowledge to the heirs. Teach them to duplicate or surpass your financial success. Long-term care insurance can be purchased. The average stay in long-term care is less than 3 years. BTW, he owns a $400K house that will continue to appreciate in value. Worst case scenario, he can sell his home and downsize into a condo with very low maintenance costs.

most of these " financial advisors" havent seen a real bear market yet, they think its just an average annual rate of return, totally misleading

My experience was based on retiring at 55. Your advisor is hungry to get your $$$ to start his stream of commissions. If another Great Recession comes along your 800K can drop 40% in a hurry. Assuming the advisor takes the usual action….nothing.

At 65 you have between 500-1000 weeks to live. Better to move abroad away from North America to be able to have a decent life and to Die With Zero

just when he retires the maket goes down 25% 22% and 19% the first 3 years...then what?

Taxes are way overstated @ 9,000

if you can't retire on 800,000 you are doing something wrong. or you are just bragging you saved that much

Scaring people into working their best senior years because they might run out of money when they are 90(!) is what the retirement companies WANT. I am retiring at 62 with at best $300K plus SS plus two pensions. I have no debt and modest tastes. I'm not wasting my 60s because of what might happen 25 years from now.

Excellent presentation and spot on. Thank you.

I have a couple of 5 year fixed index Annuities doing well and I have a 4- CD ladder I am not needing to touch either and my S.S. monthly. I have an emergency fund in a money market account too. Tell Bob he will be fine.

Your link to the quiz doesn’t work anymore.

medicare cost, healthcare, tithe-donations not built-in

Nonsense. What person who knew how to make good money and how to save and invest it would not know how to answer this question? I'm about half stupid, and I knew I could retire.

"Right. You worried about running out of money at age 90 🤦‍♂️ you ain't even made it to age 70 😂 dude you're entitled to social security will always be around.... 800k is plenty enough to retire on"

This video is insane you’re 65 with 800k enjoy it life is short stop stressing over this retirement stuff 🙄

3:45 Yah - putting all five items on the green line >> what a great visual aid in understanding the components of successful retirement plan. As with any plan there is " NO STRAIGHT LINE TO SUCCES" So simple yet so misunderstood. Thanks for sharing this information .1

Happy 40th Anniversary! 🎉🥂🍾

I guess she burned through her million

Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.

Not all of the current market situation was foreseeable but enough of it was to justify responding in investment strategy

Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.