My first financial planner said I could retire now.Then I had you do my e.KG and you said I can retire now.I was still stubborn thinking.I should work one more year.Then my work offered me a package saying they would pay me for the rest of the year. It's like I'm being pushed out to pasture. 😊 Now just discovered that the land my dad left me might be worth a lot more than I thought. What I like, is that what you said. I can retire now if I want to and if I don't want to I don't have to.The freedom of knowing is bliss. Thank you so much for taking good care of us! ❤❤
medical insurance and coverage. That's what we need more information.. Many people can retire early and live very conservatively. It's the medical stuff that's weighing heavily.
The key is to have the freedom fund money bucket. So you don’t have to use as much of your 401k money. That way you can get credits for affordable care act. That and if you have access to a HSA, put money in that to cover deductibles and co pays tax free.
Before retiring it would be best to know what your income and expenses will be. It also might be a good idea to become more knowledgeable on investing. Remember your advisor gets fees and commissions on YOUR money.
Drew I love these reverse how much needed videos. Can you do a reverse model for 57 year old 60k a year withdrawal. Plus 10k a year travel for 12 years. Thanks Scott.
Why so negative? I lost both my parents at 18, they had more debt than assets, so no inheritance. I made sandwiches while attending college. I worked full time while going to grad school. Finally paid off my $90k student loans. I now make $150k/year and do Instacart as a side hustle (as a 40 yr old with an MBA and solid wfh day job)
Unless this person is going to have a very good time on one epic vacation a year, this person isnt going to be traveling much if they are working part-time.
My first financial planner said I could retire now.Then I had you do my e.KG and you said I can retire now.I was still stubborn thinking.I should work one more year.Then my work offered me a package saying they would pay me for the rest of the year. It's like I'm being pushed out to pasture. 😊 Now just discovered that the land my dad left me might be worth a lot more than I thought. What I like, is that what you said. I can retire now if I want to and if I don't want to I don't have to.The freedom of knowing is bliss. Thank you so much for taking good care of us! ❤❤
You two are awesome and it was a pleasure!!
medical insurance and coverage. That's what we need more information.. Many people can retire early and live very conservatively. It's the medical stuff that's weighing heavily.
The key is to have the freedom fund money bucket. So you don’t have to use as much of your 401k money. That way you can get credits for affordable care act. That and if you have access to a HSA, put money in that to cover deductibles and co pays tax free.
Health insurance is huge!
Health insurance is only huge if you don't already have that covered from a pension.
Yes health insurance is the big elephant in the room
Huge!
Before retiring it would be best to know what your income and expenses will be. It also might be a good idea to become more knowledgeable on investing. Remember your advisor gets fees and commissions on YOUR money.
We love this Drew! Melanie + Patrick!
Thank you so much!!
Excellent content. Thank you, Drew.
Thanks Jim for watching!!
Drew I love these reverse how much needed videos. Can you do a reverse model for 57 year old 60k a year withdrawal. Plus 10k a year travel for 12 years.
Thanks Scott.
Thanks Scott!! We will keep them coming!
Drew Dave Ramsey says 15% only whike pay8ng off mortgage, after that max out investments.
Thanks!
y i put travel in my budget..monthly..even though probably yearly is better just take it times 12
Exactly!
Retirament is like wedding if you think a lot you never do.
Truth!
Far more than i will ever have. So i will save myself some time and take a raincheck.
Come back!
Why so negative? I lost both my parents at 18, they had more debt than assets, so no inheritance. I made sandwiches while attending college. I worked full time while going to grad school. Finally paid off my $90k student loans. I now make $150k/year and do Instacart as a side hustle (as a 40 yr old with an MBA and solid wfh day job)
Unless this person is going to have a very good time on one epic vacation a year, this person isnt going to be traveling much if they are working part-time.
True
No videos on the best returning asset in the last ten years {bitcoin}?
Not from me though I am not agains't it. Just outside of my channel spectrum.