Great words of wisdom. Second homes are money pits unless you’re renting them out. Airbnb and VRBO are the way to go. You get to stay in different places in different locations and can choose whatever amenities you want i.e. swimming pool, hot tub, Lake views, Ocean views, beachfront. Thanks for sharing 👍👍
100% agree. Only by something you are going to use all the time. People fantasize about second homes and big toys, but between hectic retirement schedules with family and friends, or health issues, they often don't get to use them as much as they would like. So they outlay tons of money to buy these things, rarely use them, and then have to take it in the shorts when they sell them or pay commissions. Keep your life very simple and retirement.
1. Don't be too closely aligned with your company 2. Diversify your investments 3. Buy back time (pay others for menial tasks) 4. Your spouse will not be with you forever 5. Health is more important than wealth 6. Rent expensive toys before buying 7. Wished they had done it now versus waiting 8. Wished had reconnected with old friends 9. Wished they had thought about time of each day and fill with joy and purpose. 10. Wished they had said no more often.
When we started to do international travel in retirement my mother-in-law lamented that was what she wanted to do, but her husband wanted to do that "someday" but not now. Then he died and she had health issues, so she can't do the travel. She said her definition of "someday: is "the day after never". He was also cheap since he wanted to preserve their investments, now she has RMDs she does not need and pays more taxes because of them.
I am not doing anything different in my retirement, living the same way without the burden of a job, focused my life on Physical Financial & Intellectual goals and will continue doing these until i die, dont.know any other to live.
My wife said she wish I worked more hours during my working years instead of just 48 hrs a week so we’d have a bigger nest egg. My wife said she wished I didn’t retire so soon she said 72 was way too early because I still had reasonably good health and could collect full social security. My wife said I spent too much time exercising because it might make me out live our savings and she hadn’t figured that into her financial plan she said it was only for me to have a life expectancy of 75. My wife said with me retiring so young that she might have to cut back on my meals , well it’s that or her stopping getting manicures and pedicures and she said that’s out of the question. My wife said when I need something to help if I start having bladder issues that I’ll have to use old towel because big people diapers are way too expensive just to throw them in the trash. Well anyway my wife lucky for me has things pretty much figured out.
I always say women should work longer than men because women life expectancy is longer. I told my wife I’m retiring with irs rule of 55. I told her she will work until she is 59 because our last kid should graduate college when she is 59 😂. I have health issues and poor family history of cancer. She has long life expectancy in her family and is healthier than me now. We are only six months apart in age
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns..
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure.. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Love my boat- I boat almost every Friday for the last 4 years. Agree to rent on second home/vacation home.
Great words of wisdom. Second homes are money pits unless you’re renting them out. Airbnb and VRBO are the way to go. You get to stay in different places in different locations and can choose whatever amenities you want i.e. swimming pool, hot tub, Lake views, Ocean views, beachfront.
Thanks for sharing 👍👍
100% agree. Only by something you are going to use all the time. People fantasize about second homes and big toys, but between hectic retirement schedules with family and friends, or health issues, they often don't get to use them as much as they would like. So they outlay tons of money to buy these things, rarely use them, and then have to take it in the shorts when they sell them or pay commissions. Keep your life very simple and retirement.
1. Don't be too closely aligned with your company
2. Diversify your investments
3. Buy back time (pay others for menial tasks)
4. Your spouse will not be with you forever
5. Health is more important than wealth
6. Rent expensive toys before buying
7. Wished they had done it now versus waiting
8. Wished had reconnected with old friends
9. Wished they had thought about time of each day and fill with joy and purpose.
10. Wished they had said no more often.
Thanks for the summary 🙏🏼
2:55 I cut my own lawn. I look at it like I can go take a 45 minute walk for exercise or spend 45 minutes walking behind my self-propelled lawn mower.
When we started to do international travel in retirement my mother-in-law lamented that was what she wanted to do, but her husband wanted to do that "someday" but not now. Then he died and she had health issues, so she can't do the travel. She said her definition of "someday: is "the day after never". He was also cheap since he wanted to preserve their investments, now she has RMDs she does not need and pays more taxes because of them.
All very wise words
I am not doing anything different in my retirement, living the same way without the burden of a job, focused my life on Physical Financial & Intellectual goals and will continue doing these until i die, dont.know any other to live.
My wife said she wish I worked more hours during my working years instead of just 48 hrs a week so we’d have a bigger nest egg. My wife said she wished I didn’t retire so soon she said 72 was way too early because I still had reasonably good health and could collect full social security. My wife said I spent too much time exercising because it might make me out live our savings and she hadn’t figured that into her financial plan she said it was only for me to have a life expectancy of 75. My wife said with me retiring so young that she might have to cut back on my meals , well it’s that or her stopping getting manicures and pedicures and she said that’s out of the question. My wife said when I need something to help if I start having bladder issues that I’ll have to use old towel because big people diapers are way too expensive just to throw them in the trash. Well anyway my wife lucky for me has things pretty much figured out.
I always say women should work longer than men because women life expectancy is longer. I told my wife I’m retiring with irs rule of 55. I told her she will work until she is 59 because our last kid should graduate college when she is 59 😂. I have health issues and poor family history of cancer. She has long life expectancy in her family and is healthier than me now. We are only six months apart in age
I pity you. 😅 She is your boss & master for life.
@ I like your plan. My paragraph was just for humor only.
@@aikoyu9815 yes you are right my wife told me that on our wedding night. And said if I had a problem with that she knows a good divorce lawyer.
Why not have your kid mow the lawn? Builds character more than having them just watch you do it
Why are you in the street where there's a lot of noise?
That's a great question for anyone in the video. 😉
War of the Worlds Martian at 2:27. 👽
Why would you go to the noisiest place to do a video can hardly hear you
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns..
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure.. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?