I retired at 59 and glad I did. Never read any books or watched videos about retirement. Just burned out at the job. A lot of people in my position said retiring was the best decision they ever made and I totally agree with them.
Christine Benz is a great guest; definitely sharing this with my 65 year old mom. This is very insightful even for those of us in our 30s . It’s good to prepare yourself for Retirement & how you would enjoy that phase of one’s life . This is very vital information for All!!!
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
'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.
In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Thomas Lucia valuable insights and daily trade signals, coupled with my commitment to continuous learning. Kudos to the journey ahead!
If you don't have hopes and aspirations, you'll fear retirement. Have a purpose and do what you've always wanted to do, and you won't fear retirement. 💪👊
Interesting how the top concern at 59% was "long-term care". That's one thing I don't worry about due to Medicaid being there if I were to ever run out (but I won't.)
So burnt out... need to work 2-3 more years... At work I'm so busy I don't think about it. . But every morning and every evening I just want to be over
Consuelo, thanks for your educational material on financial matters in retirement. What has surprised me is my income. For years I did everything I could to increase my income. Now I am looking for ways to decrease my income. I have sold all of my high dividend paying stocks and mutual funds and look for capital appreciation not ordinary income. I have been introduced to MAGI and paying a premium for my Medicare Part B premiums removed the good taste of income to the bidder pill of socialism.
I retired at 59 and glad I did. Never read any books or watched videos about retirement. Just burned out at the job. A lot of people in my position said retiring was the best decision they ever made and I totally agree with them.
Christine Benz is a great guest; definitely sharing this with my 65 year old mom. This is very insightful even for those of us in our 30s . It’s good to prepare yourself for Retirement & how you would enjoy that phase of one’s life . This is very vital information for All!!!
ok
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Thomas Lucia valuable insights and daily trade signals, coupled with my commitment to continuous learning. Kudos to the journey ahead!
He's mostly on Telegrams, using the user name..
CryptospaceLLC ✅
Thank you and Thank you to CB
Always good information and great guests. Thank you Consuelo
If you don't have hopes and aspirations, you'll fear retirement. Have a purpose and do what you've always wanted to do, and you won't fear retirement. 💪👊
Agreed Christine : " it's not complicated ".
Excellent
Interesting how the top concern at 59% was "long-term care". That's one thing I don't worry about due to Medicaid being there if I were to ever run out (but I won't.)
So burnt out... need to work 2-3 more years... At work I'm so busy I don't think about it. . But every morning and every evening I just want to be over
Thanks!
Sounds like many people got value out of this. For me, I’m much more interested in the investment side of the equation....not the planning side.
Consuelo, thanks for your educational material on financial matters in retirement. What has surprised me is my income. For years I did everything I could to increase my income. Now I am looking for ways to decrease my income. I have sold all of my high dividend paying stocks and mutual funds and look for capital appreciation not ordinary income. I have been introduced to MAGI and paying a premium for my Medicare Part B premiums removed the good taste of income to the bidder pill of socialism.
Is the 'retirement guru' retired? Or nah?
Retirement guru?! That's a stretch !
Thanks!