*Great video!! I have a Roth 401k with my company I contribute 8% of my income to; only need to contribute 7% to get a 50% match. So counting my Roth IRA contributions, my Roth 401K contributions and employer match. My total retirement contributions is 27.7% of a $43,000 in earned income.*
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
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.
Leticia Zavala Perkins, 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.
Hi there it's Andrew, I just looked and you are correct. I am reaching out to the production people to check out the camera. It is a 4K camera but for some reason the video quality is not great. Thanks for pointing this out and for tuning into our content. My apologies.
Very few people are able to save for any retirement these days. I'm always shocked to speak with friends that do well financially, but don't have the money to invest for retirement after they pay their BMW and Benz payments. SMH
Is this fair, honest??? The man making over 100k gets this benefit but the guy making less than 50k needs most of his paycheck to live…. Doesn’t have the chance to have a cushion for retirement.
Thanks for watching. The bottom line is everyone can put a little something into a retirement plan. It doesn't have to be a lot because it compounds. But, you need to start.
@@christopherk140 I think that's great. No one says you need to use a financial planner but not many like yourself have the confidence to make it work. Kudos to you.
Roth depends on which expected income tax bracket one will be in at retirement. Also this assumes stability going forward, that the bankrupt government won’t be desperate to get its hands on your money, even if you already paid taxes on it once. I wouldn’t be so sure, in a few years all bets are off.
Read more of Brandy's tips on how to turbocharge your retirement planning here:
windrockwealth.com/four-ways-to-turbocharge-your-retirement-planning/
*Great video!! I have a Roth 401k with my company I contribute 8% of my income to; only need to contribute 7% to get a 50% match. So counting my Roth IRA contributions, my Roth 401K contributions and employer match. My total retirement contributions is 27.7% of a $43,000 in earned income.*
My FA, Megyn Beth's strategy is the best at the moment, I recommend it for beginners because it is perfect for now and it is known.
How do I contact Megyn???, my portfolio needs diversification.
Exactly, she's verified on the app. Get it installed and search her up using the name above, make sure there's no added letter or number.
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
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.
Mind if I ask you to recommend this particular coach to you using their service?
Leticia Zavala Perkins, 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.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Great info. This was gold…..
Thank you and thank you for tuning into our content. Glad it was helpful.
I am listening but your video is low quality.... please upgrade the camera.... Mayben's camera is high definition....
Hi there it's Andrew, I just looked and you are correct. I am reaching out to the production people to check out the camera. It is a 4K camera but for some reason the video quality is not great. Thanks for pointing this out and for tuning into our content. My apologies.
Very few people are able to save for any retirement these days. I'm always shocked to speak with friends that do well financially, but don't have the money to invest for retirement after they pay their BMW and Benz payments. SMH
No sound
I put my money to work for me and got fired
Is this fair, honest??? The man making over 100k gets this benefit but the guy making less than 50k needs most of his paycheck to live…. Doesn’t have the chance to have a cushion for retirement.
Thanks for watching. The bottom line is everyone can put a little something into a retirement plan. It doesn't have to be a lot because it compounds. But, you need to start.
@@Wealthion I did my own retirement and I’m better off than most … lost money with financial planners then learned to take it on by myself.
@@christopherk140 I think that's great. No one says you need to use a financial planner but not many like yourself have the confidence to make it work. Kudos to you.
The guy making $50k steered his career and made choices to make that much. If you want more, go get more. Don't whine about people who did.
Roth depends on which expected income tax bracket one will be in at retirement. Also this assumes stability going forward, that the bankrupt government won’t be desperate to get its hands on your money, even if you already paid taxes on it once. I wouldn’t be so sure, in a few years all bets are off.