It’s tricky-you want your money to keep growing, but you don’t want to gamble with it either. It’s a whole different ball game from what it was during our working years
Tell me about it. My biggest fear is making a wrong move now and losing what I’ve built up. It’s frustrating how little guidance there is on how to handle this transition. So many advisors focus on ‘getting rich’ schemes, which just isn’t what we need at this age
Exactly. I read that a lot of people end up mismanaging their investments in retirement because they don’t adjust their strategy. Things that work for younger investors just don’t make sense once you retire, like loading up on risky stocks hoping for big returns
And the problem is, one bad decision can wipe out years of hard work. I actually talked to Joseph Nick Cahill, a financial advisor who’s worked with everyone from big-name celebrities to regular folks. He really knows his stuff-especially when it comes to helping people like us avoid the common traps in retirement
I’ve heard of him. Isn’t he the one who’s helped some business owners with billion-dollar companies, as well as politicians? It’s reassuring to know he’s got experience with people at every level, not just the ultra-wealthy
That’s smart. I know a guy who kept a very aggressive portfolio even after retiring, and when the market tanked, he lost more than he was comfortable with. It’s heartbreaking when you’ve worked so hard, and suddenly, your savings don’t feel as secure as they should
My company paid a consultant to provide retirement classes when I was 24 and just started saving for retirement. The class was called "The Kids Table" and basically their advice was go with a target retirement fund that aligned with your 65th birthday. That was 20 years ago. It is the only thing I've ever invested in. How else can I grow my finance?
target date funds made me a multimillionaire but i also watched them drop 40% in a very short time and take a long time to recover. my best suggestion is that you seek the guidance of a fiduciary to avoid mistakes
bravo! mind if I look up your advisor please? only invest in my 401k through my employer as of now, but enthused about investing for my eventual retirement
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@BrandonIvan-c6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
I’d be retiring or working less in 5 years, and curious to know how best people split their pay, how much of it goes into savings, spendings or investments, I earn around $250k per year but nothing to show for it yet.
money advice is subjective, what works for you may not work for me. I would suggest getting rid of any unnecessary purchases, especially things that cost you monthly, or better still consider financial advisory
Agreed, I'm quite lucky exposed to finance at early age, started full time job at 19, purchased first home 28. Going forward, got laid off 36 amid covid-outbreak and at once consulted an advisor. As of today, I'm barely 10% short of $1m after 100s of thousands invested.
@@everceen retired in my 40s after inheriting money from a childless relative, traveled overseas and found a girl almost my age, happily married but only issue is how to grow and preserve our wealth... think your advisor can be of help?
Karen Lynne Chess is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Karen Lynne Chess on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My Husband and I both spent same number of years in the civil service, he invested through a wealth manager through our 401k. We’re both still earning after our retirement.
This was the exact trajectory that my wife and I were on. I have invested with her financial manager for the past two years after taking my money out. I may not have been able to match her earnings over time, but at least I make more. Even before I retire, I'm generating money, and my retirement fund has increased far more than it would have if all I had had was a 401(k). Funny, huh?
I've been interested in doing this for a while but i've never had time to, and to be honest figuring out where to put your money can be overwhelming but it seems you've got it all worked out with the firm you work with so i surely won't mind a recommendation
illuminating... I sent her an email explaining my goals after inquiring about her name online and discovering her website, where she seemed competent. I appreciate you sharing.
Wow that kicker at the end: "we do believe that most people should always have at least 30-40% of their portfolio invested in stock indexes at any given time or age". That alone is worth a video explanation. Thanks for that insight (validation).
have made over $700 k from a $ 100k capital so far since I decided to make and see changes with my money, I have had a succession of payouts from trading Forex, I recently diversified some into dividend paying Stocks and for long term hold
I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $120k in a savings account that i want to invest in a non-retirement account. Where would you invest this as of now?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
I agree. Based on personal experience working with a financįal advlsor, I currently have $800k in a well-diversified portfolìo that has experienced exponential growth from when i started. It's not only about having money to invest in stõcks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "KRISTIN AMBER LANDIS" I've worked with her for 4 years and highly recommend her. Check if she meets your criteria.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I have 4 buckets… 1) 2 years cash/CD’s 2) 4 years spending - Fidelity 2020 fund. 3) Fidelity 2025 4) Fidelity 2035 You did a great job explaining thank you ! PS obviously I like Fidelity ☺️
I plan on doing this as a basic structure, but with the flexibility to change the income source depending on market conditions. If the market is going really well, I would trim there and leave my cash reserves alone. If the market is going neutral or poorly, I’d live on the cash so my investments are protected. When the market bounces back I replenish my reserves, and if it keeps up I will trim and live off that while holding onto my reserves, and so on and so forth.
Great video, this needs to be done before retiring. I feel that too many folks wait too long on doing this and will get scared when the market has a bad year. This what causes people to stay at work longer than they should. A year before I retired, I redistributed my money to less volatile funds. I did not lose a dime during 2022 and at the end of the 2022 about 30 percent went back into the market in which I plan to leave it for 10 years. The rest stays in bonds, IRA, CD's, cash and some lose stocks.
You are exactly right. The BEST time to bucket is actually 2-3 years before retirement to mitigate the scenario you experienced. I will include this information in my next videos. Thank you for watching and for your comment!
I did have buckets implemented based on time frame before watching this video. I personally feel that bucket 2 can be 5-10 years and bucket 3 for needs 10+ years. The reason being 10 years is sufficient for stock market to provide min. High single digit return, if not low double digit returns.
Between 2000-2012, the S&P500 did nothing, so that's not necessarily true, although it is true most of the time. Our bucketing framework is meant to simplify investing upon retirement, but it can certainly be modified to fit your risk tolerance. For example, you could make the green bucket the first 1-3 years of income instead of 1-5. You could shorten the duration of the yellow bucket, especially if you're a disciplined investor who either buys and holds quality ETFs/mutual funds or has a successful trading system. Conversely, if you struggle to hold your stocks during a downturn, or invest unsuccessfully, our bucketing framework is essential to mitigate the risk of poor investment decisions. All the best!
Excellent advice. The 3 bucket approach has several permutations, but this one I feel is most secure, especially regarding the 5 year first bucket that will get the retiree through the vast majority of downturns with the least amount of damage.
I firmly believe that investing $50,000-$100,000 in a well-chosen startup is more crucial than retirement savings. But choosing the perfect business is really difficult. In a HYSA, I have about $200,000 that I would like to invest. Which opportunities are the finest right now?
I believe investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I have stuck with the popularly ‘’Celia Kathleen Martel” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
It's recommended to save at least 20% 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 20% 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 investing in the stock market and potentially grow your retirement savings over time.
Great Video! I'm a little fuzzy on the bucket replenishment from yellow bucket to green bucket. Is that AFTER 5 years? Since you said the yellow bucket is for 5-15 years, I just wanted to make sure I have the strategy correct. Thanks!
Nice video Julia. Thank you. The sequence of risk impact is real and can be very impactful. However, a countermeasure, such as safe investments are not without costs. If your stock investments have a total return expectation of 9.5% and your safe investments 4.5%, then the cost of protection is 5% times the portion invested in safe investments. So, if your safe investments are 20% of your total portfolio, then the cost of protection is 1% of your total investments per year, every year. As you increase the number of years of protection the cost of protection increases and the total return of your investments decreases while the actual adverse SofR decreases. Consequently, it is important to keep your safe investments for this purpose to a minimum. Probably a 3 to 5 year withdrawal rate is reasonable.
Great points. Our bucketing framework is meant to simplify investing upon retirement, but it can certainly be modified to fit your risk tolerance. For example, you could make the green bucket the first 1-3 years of income instead of 1-5. You could shorten the duration of the yellow bucket, especially if you're a disciplined investor who either buys and holds quality ETFs/mutual funds or has a successful trading system. Conversely, if you struggle to hold your stocks during a downturn, or invest unsuccessfully, our bucketing framework is essential to mitigate the risk of poor investment decisions. All the best!
It's interesting that most videos on this subject never mention possible curtailment of spending and budgeting but seem to stress maintaining a certain lifestyle....that exact reason is why so many people are struggling these days.
Hi Chris. Maintaining your lifestyle should be the GOAL, and if you've saved diligently enough, it shouldn't be an issue as long as you've been invested properly through your working years. If you haven't, then you definitely need to decrease your spending upon retirement, as you have no other choice. People are struggling for so many reasons, one being that no one is educating anyone on personal finance. I hope our channel can help this issue in some small way! All the best.
You are something. Glad I found you. Maybe a vid if you are going to have a pension from your job. I know it is a dinasour...Like dinasours...It exists!!
1:43 you said they pulled out monthly, so they would not get the max loss unless it was a annual withdrawal at the low you speak of. Just checking, but I understand what you are trying to point out.
Here's my plan I implemented just before retiring: 1. Create a Budget (What you actually spend on all your expenses monthly/yearly) 2. Figure out ways to lower said budget...Most people can trim at least 5-10% a year 3. Invest in high quality blue chip dividend paying stocks that cover my yearly expenses...hopefully with a buffer of at least 10% 4. Live my life Worked well for me for past 10 years.
Interesting the concentration in indexes. We have some in indexes fund, but most in high quality individual stocks that over the decades have returned well. For us we have a lot in large cap tech, since that is what we know, and know who is likely to do well, and who will not. Lately we also increased cash equivalencies such as T-bills and bonds.
Based on what you recommend and assuming I plan on using the 4% rule for disbursement, Bucket one is 20%, Bucket 2 is 40% and bucket 3 is 40%. Is that accurate? I know it is a little oversimplified because it does not allow for inflation but I would also assume that the higher returns of buckets 2 and 3 would allow for inflation adjustments on disbursements.
Hi Scott. Bucket 1 needs to hold your first 5 years of living expenses indexed for inflation, Bucket 2 needs to hold years 5-15 indexed for inflation, and Bucket 3 is whatever's left. Clearly, the more money you have, the larger Bucket 3 can be. It's not based on a percentage of net worth, but rather, how much income you need from your nest egg. All the best!
As a soon retiree, keeping my 401k on course after a rocky 2022 was my top priority, but I have been reading of lnvestors making up to 250k ROI in the stock market, and it’s overwhelming. any recommendations to scale up my ROI before retirement will be highly appreciated.
Having an lnvestment advser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $320K in profits so far, Its clear there's more to the market that we avg joes don't know that Investment advisors know
Another bucket strategy, I wish someone would publish a chart or graph showing the returns of the Bucket strategy versus a buy and hold strategy with yearly rebalancing. Can you show us one? Show us why the Bucket strategy is better.
Hi there. Buy and hold what? What's your investment allocation? What does rebalancing entail? If you were to buy SPY in 2000 and held it for 12 years, you wouldn't have made any money, and you would have been drawing on those funds. However, in all historic 15-year periods, the S&P 500 is positive, which is why you own it in your yellow and red bucket. Fixed accounts are offering great returns, especially with rates as high as they've been in the past year with little to no risk. A successful retirement hinges on your ability to diversify your portfolio to your income needs, this way you still have plenty of stock to outpace inflation over the long term, but not too much that if stocks fall by more than 20% while you're drawing income, you reduce your longevity age by 5-10 years.
@@RetirewithJuliaThanks for the reply, Show me a chart or graph that proves the Bucket strategy is better than holding Vanguard Wellington over the last 24 years. I've not seen one, maybe you have. I've read a lot about bucket strategies and most of them have no set guide lines as to when you move money, how much to move and where to move it. Show me some guide lines/rules that are in written down so some of the guess work is taken out. I understand the overall strategy and I like the concept but implementing it has a lot of variables that usually are not addressed.
@@redchevy3307 There's not a chart/graph because the Bucket Strategy's fixed investments are based entirely on the interest rate environment. Not to mention that everyone buckets differently. If you love your Vanguard Wellington Fund and are confident that it can perform well in the future( I, too, love Vanguard's mutual funds and ETFs), then you can put 1-3 years of income in the green bucket, instead of 1-5 years. Bond funds have been losing money the past 3 years (Check out Vanguard's BND), where C.D.s, treasuries, and fixed annuities have been earning anywhere from 4-6%, so it's important to pay attention to the interest rate environment when it comes to the green, or "safe", money. The larger your nest egg, the more you can have in stocks without worry. I hope this helps. All the best!
Any video examples of this in practice for a 67 year old married couple with money in 401k as well? I know you explained the different buckets but percentages and further description as a mock example would be nice.
Sounds great!! Here is an idea for a video. Premise, Person is 64, just sold all his rental properties, paid off all debt in life, has $1.25M cash for retirement. What to do with that money? I bet you have some great ideas @@RetirewithJulia
And like it typically does following a down year the S&P gained +29% in 2023. Rental income from paid-for properties is keeping me from tapping my IRA, plus a pension and SS. I can't raise the rent fast enough while the equity is through the roof.
Regarding the bucket system, I’d argue that the 1st bucket isn’t for “the first 5 years of retirement” but for “down years” in the market. (Could be the 1st five years, if the market declines for you as you begin retirement. But if the market is up, you should take money from your growth bucket.
Yes, withdrawal rates ARE as important, and we prefer 3.8%. Check out my other videos on retiring on a specific amount! m.th-cam.com/video/_ii1HlV7_qE/w-d-xo.html
We can live off of our SS since we are out of debt. I think the key is to get out of debt as soon as you can when you are close to being retired. I also have 2 fixed annuities and a 5 CD ladder doing well and money in my 401k that I don't have to touch.
Yes I’m retired and Collecting a pension, but I need to learn to put $ into my 457. I’ve learned how to sacrifice since my divorce and have good amount in my cash and collecting my pension. need to build up more more considering what I’ve seen the way the economy has headed
Hi Daryll. Divorce is super hard to come back from, so good for you for being able to retire comfortably! As far as contributing to your 457, you must have EARNED income- salary, wages, bonus, and commission, to contribute to a retirement account. However, you can still save in a brokerage account. All the best!
No, John, it depends on how much you need for the first 5 years from your nest egg, that amount goes into Bucket 1. Then, you put your years 5-15 needs with inflation into Bucket 2, and the rest goes into Bucket 3. Thanks for watching!
Asking for an age 60 recently retired friend...If my friend has - say $2.5M - and wants to mitigate SoR risk, why not go all green bucket while interest rates are high and then dollar cost average back into other buckets if/when they start down? Thought being SoR risk is much greater than inflation risk.
I completely understand wanting to take advantage of higher interest rates (while they last), however, you still need a portion of your portfolio in stock to outpace inflation over the long-term- which they have statistically done historically. It's also important to remember that you're getting aggressive with money that you will not need to touch for 10-15 years, which allows you time to make up losses. The issue with going all green and DCA in is two-fold- 1) You won't outpace inflation over the long-term, eroding your purchasing power and 2) Who is going to help you DCA in the market? If you're risk-averse, the chances of you successfully doing that are low. Just my two cents. Great question, and all the best!
YOU ARE AMAZINGLY KNOWLEDGEABLE ! WHAT YOU THINK ABOUT 25% vht, 25% vgt, 5% gld , BSV 10% AND SPY 35% REBALANCE ANNUALLY AND SPEND FROM BSV EVERY YEAR AND REBANCE ANNUALLY IN JANUARY ??? PLEASE GUIDE US . THANKS
I put 10% of my retirement fund into BTC in 2017. 90% across 'high yield' bonds, S&P tracked funds and 2 other medium to high risk professionally managed portfolios. If only I'd put 90% into BTC, as the 10% out performed the 'traditional' investments many times over.
It's not a one-size-fits-all percentage, it's based on what you need to withdraw from your investments years 1-5 of retirement, then years 5-15, and finally years 15+. Don't forget to index for inflation. Thanks for watching!
@Johnurban7333 - You might like the YT channel RetireEarly500K - give it a search. "Hi, my name is Duane. After working for years in the music industry, I retired on my 59th birthday in late 2021 with just over $500K. Soon afterwards, the stock market (and my investment portfolio) tanked. Yikes! I'll be posting detailed, monthly updates on my portfolio and different strategies I'm using."
I agree. Most of America doesn’t have anywhere near $1M by the time they retire, assuming they ever do retire. You have to get creative on the monthly budget side. Definitely hire a financial advisor when you leave the workforce and wish to reallocate your 401K.
Despite the S&P 500's success, my portfolio has been shrinking, causing frustration. Early this year, about 40% of my $800K portfolio was lost, and it has only recovered by 15%. How can I reverse this trend?
Consider reassessing your portfolio for potential adjustments or diversification strategies to better align with current market trends. Consulting with an expert advisor would be advisable.
Engaging an investment adviser is the optimal approach for navigating the current stock market, especially for those nearing retirement. I've been consulting with a coach and have seen my initial $450K grow to over $800K since Q2.
Engaging an investment adviser is the optimal approach for navigating the current stock market, especially for those nearing retirement. I've been consulting with a coach and have seen my initial funds grow significantly.
52:10 Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan with my Fin. Advisor that includes AI looking into Nvidia, MSFT, Alphabet stocks among others. I've been utilising a financial advisor for more than 15 months now, and I've made over $800,000.
At retirement keep sole cash liquid and Use an Index Annuity with immediate income with a 25% bonus in accumulation , and still follow the market without any loss ... I would not be in any stock..
As an investment enthusiast, I often wonder how top level investors are able to become financially stable, I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, ETFs etc It is important to seek the advice of an expert.
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $350k since then
‘Grace Adams Cook’ is the licensed advisor I use. Just research the name, you’d find necessary details to work with a correspondence to set up an appointment.
Thank you for sharing, I must say, She appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
How much do you spend per year? How are you currently invested? Do you have long-term care insurance? These are just a few questions we'd ask before answering your question.
Depends on what level. The reality is if you save 1 million in 30 years it is not worth 1 million but maybe 300,000 to 400,000 in inflationary dollars. You never get the years or time back to enjoy life. I used to look at saving, saving, etc. and then learned if you only make 50k or 100k a year you have to live miserably a lot of times to get any traction. Instead after reading hundreds of books and thousands of articles I learned the key is to make millions per year from a job or business and increase your knowledge to get there. Then living a 100k a year lifestyle is easy and lots of money to have regeneration of capital to snowball investments. Diversification is mostly for people who are not experts in spaces to hedge investments. Ones looking to retire in next 20 to 30 years with 1 million the framework system is made to keep you poor. Once you see people with 20, 50, 100 million net worth and billionaire families how they make money you see the system for the masses is mostly a sham. No legal advice given.
It’s tricky-you want your money to keep growing, but you don’t want to gamble with it either. It’s a whole different ball game from what it was during our working years
Tell me about it. My biggest fear is making a wrong move now and losing what I’ve built up. It’s frustrating how little guidance there is on how to handle this transition. So many advisors focus on ‘getting rich’ schemes, which just isn’t what we need at this age
Exactly. I read that a lot of people end up mismanaging their investments in retirement because they don’t adjust their strategy. Things that work for younger investors just don’t make sense once you retire, like loading up on risky stocks hoping for big returns
And the problem is, one bad decision can wipe out years of hard work. I actually talked to Joseph Nick Cahill, a financial advisor who’s worked with everyone from big-name celebrities to regular folks. He really knows his stuff-especially when it comes to helping people like us avoid the common traps in retirement
I’ve heard of him. Isn’t he the one who’s helped some business owners with billion-dollar companies, as well as politicians? It’s reassuring to know he’s got experience with people at every level, not just the ultra-wealthy
That’s smart. I know a guy who kept a very aggressive portfolio even after retiring, and when the market tanked, he lost more than he was comfortable with. It’s heartbreaking when you’ve worked so hard, and suddenly, your savings don’t feel as secure as they should
My company paid a consultant to provide retirement classes when I was 24 and just started saving for retirement. The class was called "The Kids Table" and basically their advice was go with a target retirement fund that aligned with your 65th birthday. That was 20 years ago. It is the only thing I've ever invested in. How else can I grow my finance?
target date funds made me a multimillionaire but i also watched them drop 40% in a very short time and take a long time to recover. my best suggestion is that you seek the guidance of a fiduciary to avoid mistakes
bravo! mind if I look up your advisor please? only invest in my 401k through my employer as of now, but enthused about investing for my eventual retirement
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
@@Davidvictor6 I followed her advice and missed out on too many opportunities ! Never again !
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@BrandonIvan-c6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@Donnafrank-k6e Oh please I’d love that. Thanks!.
@@BrandonIvan-c6e Clementina Abate Russo is her name.
Lookup with her name on the webpage.
I’d be retiring or working less in 5 years, and curious to know how best people split their pay, how much of it goes into savings, spendings or investments, I earn around $250k per year but nothing to show for it yet.
money advice is subjective, what works for you may not work for me. I would suggest getting rid of any unnecessary purchases, especially things that cost you monthly, or better still consider financial advisory
Agreed, I'm quite lucky exposed to finance at early age, started full time job at 19, purchased first home 28. Going forward, got laid off 36 amid covid-outbreak and at once consulted an advisor. As of today, I'm barely 10% short of $1m after 100s of thousands invested.
@@everceen retired in my 40s after inheriting money from a childless relative, traveled overseas and found a girl almost my age, happily married but only issue is how to grow and preserve our wealth... think your advisor can be of help?
Karen Lynne Chess is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Karen Lynne Chess on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My Husband and I both spent same number of years in the civil service, he invested through a wealth manager through our 401k. We’re both still earning after our retirement.
This was the exact trajectory that my wife and I were on. I have invested with her financial manager for the past two years after taking my money out. I may not have been able to match her earnings over time, but at least I make more. Even before I retire, I'm generating money, and my retirement fund has increased far more than it would have if all I had had was a 401(k). Funny, huh?
I've been interested in doing this for a while but i've never had time to, and to be honest figuring out where to put your money can be overwhelming but it seems you've got it all worked out with the firm you work with so i surely won't mind a recommendation
illuminating... I sent her an email explaining my goals after inquiring about her name online and discovering her website, where she seemed competent. I appreciate you sharing.
Wow that kicker at the end: "we do believe that most people should always have at least 30-40% of their portfolio invested in stock indexes at any given time or age". That alone is worth a video explanation. Thanks for that insight (validation).
I should do a video on that; great idea! Thanks for watching!
have made over $700 k from a $ 100k capital so far since I decided to make and see changes with my money, I have had a succession of payouts from trading Forex, I recently diversified some into dividend paying Stocks and for long term hold
Nice nice, but how long did it take you and how do you trade to get this profitable, I am quite aware that Forex is sometimes risky
I employ the expertise of a pro for that, Benjamin ravies because it isn't as easy as it seems
I would also love to know more on this, can you guide me through trading or how can I get in touch
I just looked up your trader and found him on Face book but how do I reach him directly, kindly respond
Benjamin ravies
That’s his gmal okay
I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $120k in a savings account that i want to invest in a non-retirement account. Where would you invest this as of now?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
I agree. Based on personal experience working with a financįal advlsor, I currently have $800k in a well-diversified portfolìo that has experienced exponential growth from when i started. It's not only about having money to invest in stõcks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "KRISTIN AMBER LANDIS" I've worked with her for 4 years and highly recommend her. Check if she meets your criteria.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Very good information imparted from a 5-minute video. So many others taken 10 - 15 minutes to impart a fraction of the information.
Thank you for the kind words, and thank you for watching!
I have 4 buckets…
1) 2 years cash/CD’s
2) 4 years spending - Fidelity 2020 fund.
3) Fidelity 2025
4) Fidelity 2035
You did a great job explaining thank you !
PS obviously I like Fidelity ☺️
Awesome! I'd prefer you have more stock in your 4th bucket, but very thoughtful nonetheless! Thanks for watching.
Best financial retirement plan I've seen.. Kudos, Julia!!
How kind. Thank you!
I plan on doing this as a basic structure, but with the flexibility to change the income source depending on market conditions. If the market is going really well, I would trim there and leave my cash reserves alone. If the market is going neutral or poorly, I’d live on the cash so my investments are protected. When the market bounces back I replenish my reserves, and if it keeps up I will trim and live off that while holding onto my reserves, and so on and so forth.
Good logical sequence, 3 buckets, 3 portfolios. 👍Now to follow that logic. 😉Thank-you.
Thanks for watching!
Great video, this needs to be done before retiring. I feel that too many folks wait too long on doing this and will get scared when the market has a bad year. This what causes people to stay at work longer than they should. A year before I retired, I redistributed my money to less volatile funds. I did not lose a dime during 2022 and at the end of the 2022 about 30 percent went back into the market in which I plan to leave it for 10 years. The rest stays in bonds, IRA, CD's, cash and some lose stocks.
You are exactly right. The BEST time to bucket is actually 2-3 years before retirement to mitigate the scenario you experienced. I will include this information in my next videos. Thank you for watching and for your comment!
Thankyou. Finding a financial planner that specifically looks at the divestment aspect of portfolio management is rare.
Accumulation vs Distribution are two very different things. Thanks for watching!
I retired at 35 years old last year 2023. Retirement actually time go by faster than working. I go camping, hiking, hunting bulk, deers once a month.
I did have buckets implemented based on time frame before watching this video. I personally feel that bucket 2 can be 5-10 years and bucket 3 for needs 10+ years. The reason being 10 years is sufficient for stock market to provide min. High single digit return, if not low double digit returns.
Between 2000-2012, the S&P500 did nothing, so that's not necessarily true, although it is true most of the time. Our bucketing framework is meant to simplify investing upon retirement, but it can certainly be modified to fit your risk tolerance. For example, you could make the green bucket the first 1-3 years of income instead of 1-5. You could shorten the duration of the yellow bucket, especially if you're a disciplined investor who either buys and holds quality ETFs/mutual funds or has a successful trading system. Conversely, if you struggle to hold your stocks during a downturn, or invest unsuccessfully, our bucketing framework is essential to mitigate the risk of poor investment decisions. All the best!
Concised and great info! Thanks a lot
Glad it's helpful! Thanks for watching.
Excellent advice. The 3 bucket approach has several permutations, but this one I feel is most secure, especially regarding the 5 year first bucket that will get the retiree through the vast majority of downturns with the least amount of damage.
So glad it's helpful. Thanks for watching!
I firmly believe that investing $50,000-$100,000 in a well-chosen startup is more crucial than retirement savings. But choosing the perfect business is really difficult. In a HYSA, I have about $200,000 that I would like to invest. Which opportunities are the finest right now?
I believe investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I have stuck with the popularly ‘’Celia Kathleen Martel” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Watching from Canada..but i still find these information really valuable. Thank you!
Great video and advice. Thanks for sharing.
Thanks guys! Your support means everything!
My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
It's recommended to save at least 20% 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 20% 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 investing in the stock market and potentially grow your retirement savings over time.
For the three buckets, do you have 33% allocation of total available investment money FOR EACH BUCKET when you begin, or other allocation per bucket?
Great Video! I'm a little fuzzy on the bucket replenishment from yellow bucket to green bucket. Is that AFTER 5 years? Since you said the yellow bucket is for 5-15 years, I just wanted to make sure I have the strategy correct. Thanks!
Nice video Julia. Thank you. The sequence of risk impact is real and can be very impactful. However, a countermeasure, such as safe investments are not without costs. If your stock investments have a total return expectation of 9.5% and your safe investments 4.5%, then the cost of protection is 5% times the portion invested in safe investments. So, if your safe investments are 20% of your total portfolio, then the cost of protection is 1% of your total investments per year, every year. As you increase the number of years of protection the cost of protection increases and the total return of your investments decreases while the actual adverse SofR decreases. Consequently, it is important to keep your safe investments for this purpose to a minimum. Probably a 3 to 5 year withdrawal rate is reasonable.
Great points. Our bucketing framework is meant to simplify investing upon retirement, but it can certainly be modified to fit your risk tolerance. For example, you could make the green bucket the first 1-3 years of income instead of 1-5. You could shorten the duration of the yellow bucket, especially if you're a disciplined investor who either buys and holds quality ETFs/mutual funds or has a successful trading system. Conversely, if you struggle to hold your stocks during a downturn, or invest unsuccessfully, our bucketing framework is essential to mitigate the risk of poor investment decisions. All the best!
It's interesting that most videos on this subject never mention possible curtailment of spending and budgeting but seem to stress maintaining a certain lifestyle....that exact reason is why so many people are struggling these days.
Hi Chris. Maintaining your lifestyle should be the GOAL, and if you've saved diligently enough, it shouldn't be an issue as long as you've been invested properly through your working years. If you haven't, then you definitely need to decrease your spending upon retirement, as you have no other choice. People are struggling for so many reasons, one being that no one is educating anyone on personal finance. I hope our channel can help this issue in some small way! All the best.
You are something. Glad I found you. Maybe a vid if you are going to have a pension from your job. I know it is a dinasour...Like dinasours...It exists!!
1:43 you said they pulled out monthly, so they would not get the max loss unless it was a annual withdrawal at the low you speak of. Just checking, but I understand what you are trying to point out.
I started out a little skeptical. But I like how your video is informative and to the point.
Thank you, and thanks for watching!
Sounds like a reasonable approach no matter what amount you have….
Here's my plan I implemented just before retiring:
1. Create a Budget (What you actually spend on all your expenses monthly/yearly)
2. Figure out ways to lower said budget...Most people can trim at least 5-10% a year
3. Invest in high quality blue chip dividend paying stocks that cover my yearly expenses...hopefully with a buffer of at least 10%
4. Live my life
Worked well for me for past 10 years.
New to your channel. Great information I have learned about the bucket strategy but you put a different spin on it. Thanks again
Glad to hear it, @harryhankins1338! Thank you for watching!
Interesting the concentration in indexes. We have some in indexes fund, but most in high quality individual stocks that over the decades have returned well. For us we have a lot in large cap tech, since that is what we know, and know who is likely to do well, and who will not. Lately we also increased cash equivalencies such as T-bills and bonds.
Based on what you recommend and assuming I plan on using the 4% rule for disbursement, Bucket one is 20%, Bucket 2 is 40% and bucket 3 is 40%. Is that accurate? I know it is a little oversimplified because it does not allow for inflation but I would also assume that the higher returns of buckets 2 and 3 would allow for inflation adjustments on disbursements.
Hi Scott. Bucket 1 needs to hold your first 5 years of living expenses indexed for inflation, Bucket 2 needs to hold years 5-15 indexed for inflation, and Bucket 3 is whatever's left. Clearly, the more money you have, the larger Bucket 3 can be. It's not based on a percentage of net worth, but rather, how much income you need from your nest egg. All the best!
As a soon retiree, keeping my 401k on course after a rocky 2022 was my top priority, but I have been reading of lnvestors making up to 250k ROI in the stock market, and it’s overwhelming. any recommendations to scale up my ROI before retirement will be highly appreciated.
Having an lnvestment advser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $320K in profits so far, Its clear there's more to the market that we avg joes don't know that Investment advisors know
Thank you for this. I was thinking putting it all in cash.
Great video. When you approach year 6 or retirement, do you just replenish bucket #1 every year?
Another bucket strategy, I wish someone would publish a chart or graph showing the returns of the Bucket strategy versus a buy and hold strategy with yearly rebalancing. Can you show us one? Show us why the Bucket strategy is better.
Hi there. Buy and hold what? What's your investment allocation? What does rebalancing entail? If you were to buy SPY in 2000 and held it for 12 years, you wouldn't have made any money, and you would have been drawing on those funds. However, in all historic 15-year periods, the S&P 500 is positive, which is why you own it in your yellow and red bucket. Fixed accounts are offering great returns, especially with rates as high as they've been in the past year with little to no risk. A successful retirement hinges on your ability to diversify your portfolio to your income needs, this way you still have plenty of stock to outpace inflation over the long term, but not too much that if stocks fall by more than 20% while you're drawing income, you reduce your longevity age by 5-10 years.
@@RetirewithJuliaThanks for the reply, Show me a chart or graph that proves the Bucket strategy is better than holding Vanguard Wellington over the last 24 years. I've not seen one, maybe you have. I've read a lot about bucket strategies and most of them have no set guide lines as to when you move money, how much to move and where to move it. Show me some guide lines/rules that are in written down so some of the guess work is taken out. I understand the overall strategy and I like the concept but implementing it has a lot of variables that usually are not addressed.
@@redchevy3307 There's not a chart/graph because the Bucket Strategy's fixed investments are based entirely on the interest rate environment. Not to mention that everyone buckets differently. If you love your Vanguard Wellington Fund and are confident that it can perform well in the future( I, too, love Vanguard's mutual funds and ETFs), then you can put 1-3 years of income in the green bucket, instead of 1-5 years. Bond funds have been losing money the past 3 years (Check out Vanguard's BND), where C.D.s, treasuries, and fixed annuities have been earning anywhere from 4-6%, so it's important to pay attention to the interest rate environment when it comes to the green, or "safe", money. The larger your nest egg, the more you can have in stocks without worry. I hope this helps. All the best!
@@RetirewithJulia The 1-3 year bucket plus Wellington is a good suggestion worth looking at. Thanks for the replies and the recommendations!
Our pleasure!@@redchevy3307
Any video examples of this in practice for a 67 year old married couple with money in 401k as well?
I know you explained the different buckets but percentages and further description as a mock example would be nice.
Great job!! Your approach seems very logical and backed up by the market's history!! I am now a subscriber of yours ;-)
Thanks so much! Lots of good stuff coming.
Sounds great!! Here is an idea for a video. Premise, Person is 64, just sold all his rental properties, paid off all debt in life, has $1.25M cash for retirement. What to do with that money? I bet you have some great ideas @@RetirewithJulia
And like it typically does following a down year the S&P gained +29% in 2023. Rental income from paid-for properties is keeping me from tapping my IRA, plus a pension and SS. I can't raise the rent fast enough while the equity is through the roof.
It was up close to 25%. Glad you're thriving in retirement! Thanks for watching!
For those of us already retired, what percent of equities should we own in our portfolio?
I can't answer this question without understanding your financial position. Way too many variables! Thanks for watching.
Bucket 1 and Bucket 2 appear similar with CDs, Treasuries, Fixed Annuities.
Regarding the bucket system, I’d argue that the 1st bucket isn’t for “the first 5 years of retirement” but for “down years” in the market. (Could be the 1st five years, if the market declines for you as you begin retirement. But if the market is up, you should take money from your growth bucket.
Absolutely- we practice that theory. The green bucket is there IN CASE there's a market crash. Thanks for watching!😃
Investment allocations OK however withdrawal rates are as important. Loosing money depends on market sediment.
Yes, withdrawal rates ARE as important, and we prefer 3.8%. Check out my other videos on retiring on a specific amount!
m.th-cam.com/video/_ii1HlV7_qE/w-d-xo.html
It is great to see you doing videos. I have learned a lot from you courses as well.
Thank you so much! Wonderful to hear.
We can live off of our SS since we are out of debt. I think the key is to get out of debt as soon as you can when you are close to being retired. I also have 2 fixed annuities and a 5 CD ladder doing well and money in my 401k that I don't have to touch.
That's a great feeling! You will have to touch that 401k when you reach RMD age, unless it's a Roth 401k. All the best.
Reasonable advice, especially with sequence of return risk.
Yes I’m retired and Collecting a pension, but I need to learn to put $ into my 457. I’ve learned how to sacrifice since my divorce and have good amount in my cash and collecting my pension. need to build up more more considering what I’ve seen the way the economy has headed
Hi Daryll. Divorce is super hard to come back from, so good for you for being able to retire comfortably! As far as contributing to your 457, you must have EARNED income- salary, wages, bonus, and commission, to contribute to a retirement account. However, you can still save in a brokerage account. All the best!
At what percentage of your nest egg goes into each bucket? Is it a a 3rd in each?
No, John, it depends on how much you need for the first 5 years from your nest egg, that amount goes into Bucket 1. Then, you put your years 5-15 needs with inflation into Bucket 2, and the rest goes into Bucket 3. Thanks for watching!
Asking for an age 60 recently retired friend...If my friend has - say $2.5M - and wants to mitigate SoR risk, why not go all green bucket while interest rates are high and then dollar cost average back into other buckets if/when they start down? Thought being SoR risk is much greater than inflation risk.
I completely understand wanting to take advantage of higher interest rates (while they last), however, you still need a portion of your portfolio in stock to outpace inflation over the long-term- which they have statistically done historically. It's also important to remember that you're getting aggressive with money that you will not need to touch for 10-15 years, which allows you time to make up losses. The issue with going all green and DCA in is two-fold- 1) You won't outpace inflation over the long-term, eroding your purchasing power and 2) Who is going to help you DCA in the market? If you're risk-averse, the chances of you successfully doing that are low. Just my two cents. Great question, and all the best!
Thanks I learned something new today
Happy to hear it!
good info...thanks
Thanks for watching!
My Roth bucket is in VOO for life.
YOU ARE AMAZINGLY KNOWLEDGEABLE ! WHAT YOU THINK ABOUT 25% vht, 25% vgt, 5% gld , BSV 10% AND SPY 35% REBALANCE ANNUALLY AND SPEND FROM BSV EVERY YEAR AND REBANCE ANNUALLY IN JANUARY ??? PLEASE GUIDE US . THANKS
I like it, maybe add some VDC
I put 10% of my retirement fund into BTC in 2017.
90% across 'high yield' bonds, S&P tracked funds and 2 other medium to high risk professionally managed portfolios.
If only I'd put 90% into BTC, as the 10% out performed the 'traditional' investments many times over.
what's the percentage allocation for each bucket?
It's not a one-size-fits-all percentage, it's based on what you need to withdraw from your investments years 1-5 of retirement, then years 5-15, and finally years 15+. Don't forget to index for inflation. Thanks for watching!
Ok, thanks. SPY, VTI, and T-Bills are working out just fine for me, for now.
We agree!@@VTI777
Invest in your health and uwill retire happy
As soon as these videos mention a million dollars I know you're not talking to me
Videos for under 1MM coming soon! You can retire at much lower amounts if your spending is in check! All the best.
@@julialembcke6854 thank you
@Johnurban7333 - You might like the YT channel RetireEarly500K - give it a search. "Hi, my name is Duane. After working for years in the music industry, I retired on my 59th birthday in late 2021 with just over $500K. Soon afterwards, the stock market (and my investment portfolio) tanked. Yikes! I'll be posting detailed, monthly updates on my portfolio and different strategies I'm using."
I agree. Most of America doesn’t have anywhere near $1M by the time they retire, assuming they ever do retire. You have to get creative on the monthly budget side. Definitely hire a financial advisor when you leave the workforce and wish to reallocate your 401K.
Pay yourself first. Take advantage of full employer 401k match. Then use a ira. You will get to your million dollars
Brains and beauty ❤❤❤
Despite the S&P 500's success, my portfolio has been shrinking, causing frustration. Early this year, about 40% of my $800K portfolio was lost, and it has only recovered by 15%. How can I reverse this trend?
Consider reassessing your portfolio for potential adjustments or diversification strategies to better align with current market trends. Consulting with an expert advisor would be advisable.
Engaging an investment adviser is the optimal approach for navigating the current stock market, especially for those nearing retirement. I've been consulting with a coach and have seen my initial $450K grow to over $800K since Q2.
Engaging an investment adviser is the optimal approach for navigating the current stock market, especially for those nearing retirement. I've been consulting with a coach and have seen my initial funds grow significantly.
Sorry to hear this. I would recommend getting a second pair of eyes on your portfolio. Please reach out anytime. Thanks for watching!
I have a correction: the biggest financial risk to retirement is taxes.
th-cam.com/video/T0m7AaI4UXs/w-d-xo.html
52:10 Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan with my Fin. Advisor that includes AI looking into Nvidia, MSFT, Alphabet stocks among others. I've been utilising a financial advisor for more than 15 months now, and I've made over $800,000.
At retirement keep sole cash liquid and Use an Index Annuity with immediate income with a 25% bonus in accumulation , and still follow the market without any loss ...
I would not be in any stock..
As an investment enthusiast, I often wonder how top level investors are able to become financially stable, I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, ETFs etc It is important to seek the advice of an expert.
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $350k since then
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this financial planner?
‘Grace Adams Cook’ is the licensed advisor I use. Just research the name, you’d find necessary details to work with a correspondence to set up an appointment.
Thank you for sharing, I must say, She appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
No btc in red bucket it has a hole in the bottom
If I retire at 70 with 6 million, will my money last?
How much do you spend per year? How are you currently invested? Do you have long-term care insurance? These are just a few questions we'd ask before answering your question.
@@RetirewithJulia Great reply to a smart-ass question.
Yes it will last forever if you don’t withdraw it!
Yes. Lee Majors is still alive.
You can make million dollars and never pay taxes, Steve Martin
Depends on what level. The reality is if you save 1 million in 30 years it is not worth 1 million but maybe 300,000 to 400,000 in inflationary dollars. You never get the years or time back to enjoy life. I used to look at saving, saving, etc. and then learned if you only make 50k or 100k a year you have to live miserably a lot of times to get any traction. Instead after reading hundreds of books and thousands of articles I learned the key is to make millions per year from a job or business and increase your knowledge to get there. Then living a 100k a year lifestyle is easy and lots of money to have regeneration of capital to snowball investments. Diversification is mostly for people who are not experts in spaces to hedge investments. Ones looking to retire in next 20 to 30 years with 1 million the framework system is made to keep you poor. Once you see people with 20, 50, 100 million net worth and billionaire families how they make money you see the system for the masses is mostly a sham. No legal advice given.
The thumbnail graphic looks like just " invest once ". Poor layout . Not bad advice.
One bucket: Fixed Annuities ❤+5% interest is good enough ❤Don't be greedy ❤ What's your thoughts? Thanks 😂😂😂😂😂😂😂😂😂😂
Joe Briben will take care of me! 🤣🤣🤣