I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far.
There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management.
That's true. I've been assisted by a financial advisor for almost a year now. I started with less than $200K, and I'm just $19,000 short of half a million in profit.
Nicole Anastasia Plumlee is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Many folks struggling to cover basic expenses often face this challenge because they didn't save enough during their working years. The choices made in preparing for retirement have significant impacts, as seen in my own family. Different investment strategies led to different outcomes. With guidance from a financial advisor, I'm now enjoying my retirement.
Yes, I'm in my mid-50s, and a few years back, I moved my investments to my wife's wealth manager. While I haven't caught up to her long-term gains, my current earnings and the growth of my retirement fund, compared to just relying on the 401(k), are pretty satisfying.
It's a shame that many don't have this information, leading to anxiety. For me, I've made over $35k effortlessly with an advisor, consistently getting returns despite economic changes - the best part is, it doesn't demand much effort.
*@heathermellon7826* Can you direct me on reaching your advisor? I'm looking for a more profitable investment strategy to counter inflation and make the most of my funds.
Gertrude Margaret Quinto 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.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
Agreed, having a good financial advisor is invaluable, my portfolio is well-matched for every season of the market and has just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
mind sharing info of this person guiding you please? truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor
I think it's especially difficult for retirees and near retirees, I know how to focus on the long term but the anxiety when you're supposed to be retiring in 3years is super exhausting, I've been looking into hiring a market expert as well.
Totally, my holdings were down a lot and I sold at a loss majority of the time, which prompted me seek the service of a coach I found-featured on Bloomberg, she hatched an adjustable system that aligned with my retirement plan and overall goals, it's been less than 2years and I've gained over $830K.
I've been in the red for the past couple months, lost 12k last week alone, Indubitably I've got good companies but profit is still stalling, how did you go around finding an expert? I wouldn't mind looking yours up.
The expert I'm working with is actually quite known, so it was much easier for me to reach out, I'm in touch with Lisa Ann Moberly. She has a web presence, so you can simply just search for her.
Well, I curiously researched Lisa Ann Moberly, went through her web-site and her qualifications are pretty tight tbh and she seems to be in the right position to assist especially now the Fed GDP tracker shows the economy is on a brink of recession.
Recently, I've been pondering retirement. I've also invested $800K on S&P 500 so i could secure my financial future. i need an approach to invest in Stocks like Nvidia stocks and ofcourse AI stocks that will align with my risk tolerance and financial goals but it seem to be bearish right now.
A lot of folks downplay the role of advisors 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.
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 parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through a brokerage adviser, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
Firms can be unscrupulous as they prioritize their own commission over your profitability. On the other hand, I prefer working with individual investors like “Natalie Lynn Fisk, who only take a share from your profits, not your capital. I must say, my experience with her has been exceptional thus far.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@EleanorMabel The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
I find it funny when people drop invester names in the comment sections. I pray people dont fall for these scams. Please never give money to someone over the phone or online. Always meet with a financial advisor in person.
My top tips 1. Envisioned lifestyle- it’s not possible to imagine as retirement goes through different stages: go-go slow-go and no-go 2. Saving: pay yourself first before you pay everyone else! Practise living on your future retirement income for 12 mths and save the difference.
I have no mortgage, no car payment, and no credit card debt, meaning all three of these income these sources will help me live comfortably in retirement because i choose a good financial advisor like Cynthia Alexandra Depken .
Pam, we had invested money through Cynthia for nearly 10 years. The market had its ups and downs, but in the long run it did very well for us. With my pension, social security and the investments we are able to live comfortably. We are now able to fully enjoy our hobbies, travel, family and making new acquaintances.
I have always saved and invested roughly 60% of my salary since I began working in 2009, I max out my 401(k), ira, and hsa accounts. I am 50 years old. I'll pass the $4 million threshold this month. I have a 100% investment in Vanguard ETFs and several blue chip equities. Avoiding debt and cutting expenses are my two money-saving secrets. I make passive investments with the help of Cynthia Depken my FA who manages my portfolio and makes sure I outperform the market.
You’re missing a crucial word in Tip 5. It should be “Don’t retire too early.” Believe me, early retirement is a great thing assuming you have enough money to support your goals in retirement. Don’t work longer than you have to.
This video offers invaluable insights into retirement planning! Learning from retirees' experiences can help us make informed decisions for our own future. Thanks for sharing these life-changing tips!
Invaluable insights! Learning from retirees' experiences offers essential guidance for retirement planning. Thanks for sharing these life-changing tips
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
The biggest key to a great retirement is to start planning for your retirement when you are in your early 20's. I started my retirement at 24, with plans on retiring at 57, had children late in life so I had to postpone my retirement until I was 60. The easiest route is to start with depositing between 100-200 each month in your 401K or IRA, then each and every pay increase after you deposit 25% of the raise into the account.
Best advice (same I gave my kids) is to start paying into a pension plan asap, and by that I mean in your early 20s if youre able. I never invested in stocks and shares and all that malarkey, just my pension, and that was literally from 20yrs old, and I think I will be ok. Btw, I find it weird that theres some English guy narrating this video but its all about how Americans should prepare for retiring 😂
There is absolutely no way that you need 70%-90% of your previous salary. That’s completely false. 1. Tax . If you have a gross salary then you’ll be hit by at least 20% 50% income tax leaving a disposable income to pay debts, mortgages, school fees, commuting, . Those costs will be eradicated in retirement. Therefore a salary of USD will be $70,000 less debt costs .
It's ok Good points discuss in this cartoon videos aftetall there is enjoyment of life did not ends after Retirement. Only money matters discuss, Hospitalazation etc it seems to be boring.
Trying to build your income and prepare for retirement? It’s important to choose stocks that are expected to hold up in inflationary environments. To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I have seen People making up to $500k in a month during high inflation. You too can do same.
📈Book Your FREE Financial Consultation (With a Licensed Financial Advisor): moneypickle.com/practicalwisdom
I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far.
There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management.
That's true. I've been assisted by a financial advisor for almost a year now. I started with less than $200K, and I'm just $19,000 short of half a million in profit.
Nicole Anastasia Plumlee is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
Mind if I ask you to recommend this particular coach you using their service?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.
Many folks struggling to cover basic expenses often face this challenge because they didn't save enough during their working years. The choices made in preparing for retirement have significant impacts, as seen in my own family. Different investment strategies led to different outcomes. With guidance from a financial advisor, I'm now enjoying my retirement.
Yes, I'm in my mid-50s, and a few years back, I moved my investments to my wife's wealth manager. While I haven't caught up to her long-term gains, my current earnings and the growth of my retirement fund, compared to just relying on the 401(k), are pretty satisfying.
It's a shame that many don't have this information, leading to anxiety. For me, I've made over $35k effortlessly with an advisor, consistently getting returns despite economic changes - the best part is, it doesn't demand much effort.
*@heathermellon7826* Can you direct me on reaching your advisor? I'm looking for a more profitable investment strategy to counter inflation and make the most of my funds.
Gertrude Margaret Quinto 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.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
Agreed, having a good financial advisor is invaluable, my portfolio is well-matched
for every season of the market and has just yielded 120% from early last year. I and my
advisor are working on a 7 figure ballpark goal, tho this could take another year.
mind sharing info of this person guiding you please? truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor
Her name is. 'NICOLE ANASTASIA PLUMLEE’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I think it's especially difficult for retirees and near retirees, I know how to focus on the long term but the anxiety when you're supposed to be retiring in 3years is super exhausting, I've been looking into hiring a market expert as well.
Totally, my holdings were down a lot and I sold at a loss majority of the time, which prompted me seek the service of a coach I found-featured on Bloomberg, she hatched an adjustable system that aligned with my retirement plan and overall goals, it's been less than 2years and I've gained over $830K.
I've been in the red for the past couple months, lost 12k last week alone, Indubitably I've got good companies but profit is still stalling, how did you go around finding an expert? I wouldn't mind looking yours up.
The expert I'm working with is actually quite known, so it was much easier for me to reach out, I'm in touch with Lisa Ann Moberly. She has a web presence, so you can simply just search for her.
Well, I curiously researched Lisa Ann Moberly, went through her web-site and her qualifications are pretty tight tbh and she seems to be in the right position to assist especially now the Fed GDP tracker shows the economy is on a brink of recession.
Recently, I've been pondering retirement. I've also invested $800K on S&P 500 so i could secure my financial future. i need an approach to invest in Stocks like Nvidia stocks and ofcourse AI stocks that will align with my risk tolerance and financial goals but it seem to be bearish right now.
While the market is promising, expert guidance is essential for effective portfolio management.
A lot of folks downplay the role of advisors 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.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Her name is "Dianne Sarah Olson" just research the name. you'd find necessary details to work with a correspondence to set up an appointment.
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.
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 parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through a brokerage adviser, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with
Firms can be unscrupulous as they prioritize their own commission over your profitability. On the other hand, I prefer working with individual investors like “Natalie Lynn Fisk, who only take a share from your profits, not your capital. I must say, my experience with her has been exceptional thus far.
please how can one find the lady you mentioned'?
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@EleanorMabel That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
You can look her up online
@@EleanorMabel The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
@@EleanorMabel I will give this a look, thanks a bunch for sharing.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I find it funny when people drop invester names in the comment sections. I pray people dont fall for these scams. Please never give money to someone over the phone or online. Always meet with a financial advisor in person.
My top tips
1. Envisioned lifestyle- it’s not possible to imagine as retirement goes through different stages: go-go slow-go and no-go
2. Saving: pay yourself first before you pay everyone else! Practise living on your future retirement income for 12 mths and save the difference.
The key to retirement is to Retire, and live a lifestyle that is conditional on your funds but you will need good financial planning.
I have no mortgage, no car payment, and no credit card debt, meaning all three of these income these sources will help me live comfortably in retirement because i choose a good financial advisor like Cynthia Alexandra Depken .
@@Pamcheryl Wow!, I'm surprised you also know CYNTHIA . She's the best at what She does.
Pam, we had invested money through Cynthia for nearly 10 years. The market had its ups and downs, but in the long run it did very well for us. With my pension, social security and the investments we are able to live comfortably. We are now able to fully enjoy our hobbies, travel, family and making new acquaintances.
I have always saved and invested roughly 60% of my salary since I began working in 2009, I max out my 401(k), ira, and hsa accounts. I am 50 years old. I'll pass the $4 million threshold this month. I have a 100% investment in Vanguard ETFs and several blue chip equities. Avoiding debt and cutting expenses are my two money-saving secrets. I make passive investments with the help of Cynthia Depken my FA who manages my portfolio and makes sure I outperform the market.
You’re missing a crucial word in Tip 5. It should be “Don’t retire too early.” Believe me, early retirement is a great thing assuming you have enough money to support your goals in retirement. Don’t work longer than you have to.
This video offers invaluable insights into retirement planning! Learning from retirees' experiences can help us make informed decisions for our own future. Thanks for sharing these life-changing tips!
Invaluable insights! Learning from retirees' experiences offers essential guidance for retirement planning. Thanks for sharing these life-changing tips
Great video, but the music of jingle bells in the background was a little distracting to me cuz it’s only May 😂
The key to retirement is to Retire, and live a lifestyle that is conducement with your funds.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
Pls who is this coach that guides you? I’m in dire need of one
My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds soon. Thanks
The biggest key to a great retirement is to start planning for your retirement when you are in your early 20's. I started my retirement at 24, with plans on retiring at 57, had children late in life so I had to postpone my retirement until I was 60.
The easiest route is to start with depositing between 100-200 each month in your 401K or
IRA, then each and every pay increase after you deposit 25% of the raise into the account.
59-1/2
Best advice (same I gave my kids) is to start paying into a pension plan asap, and by that I mean in your early 20s if youre able. I never invested in stocks and shares and all that malarkey, just my pension, and that was literally from 20yrs old, and I think I will be ok. Btw, I find it weird that theres some English guy narrating this video but its all about how Americans should prepare for retiring 😂
this was really amazing video it was useful i got new information about it i like your content and thanks for sharing this with us .
Perfect
There is absolutely no way that you need 70%-90% of your previous salary. That’s completely false. 1. Tax . If you have a gross salary then you’ll be hit by at least 20% 50% income tax leaving a disposable income to pay debts, mortgages, school fees, commuting, . Those costs will be eradicated in retirement. Therefore a salary of USD will be $70,000 less debt costs .
Don't retire early? That is specific to an individual. Don't tell people not to do that.
I thought this would be an original sort of video.
These are ridiculous - "start saving" is a tip? ANYONE who is considering retiring has been saving for decades.
I agree 👍
It's ok Good points discuss in this cartoon videos aftetall there is enjoyment of life did not ends after Retirement. Only money matters discuss, Hospitalazation etc it seems to be boring.
Trying to build your income and prepare for retirement? It’s important to choose stocks that are expected to hold up in inflationary environments. To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I have seen People making up to $500k in a month during high inflation. You too can do same.