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Its not "You can never have too much money" which is true, you can't have too much. The issue instead is "Your cost to have more money can be too high". Its trade off of the limited time you have left with good health versus accumulating more wealth. Trading "one more year" of accumulation versus spending.
Awesome! I appreciate your viewpoint. I currently earn $600k per year. I have no home or investments, and my job is in New York because I work from home. I need to act quickly or else I'll owe the IRS thousands of dollars come tax season. What should I do?
To better understand the factors that could affect your finances as a beginner. To make the best decision, speak with a financial professional. They have a wealth of information regarding both current events and upcoming developments.
Secure a good financial advisor to help guide you on where to put your money. I have one and my returns are a lot higher. 9% on average on my 401k and 12% on mywife and I’s ROTH. IRA is a bit lower at 9%. Also he recommended that I build up some cash before retirement (that was sitting in savings) by putting it into Tbills that are paying out 5%.
Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
I’m retired. Your story of a conservative savings profile is a common one. Any course of action involves risks. You might be avoiding market risk, but you are taking on other risks like inflation and reinvestment risk.
My wife is willing to work for another 5 years if needed. Are we in good shape? Will we be okay if I begin withdrawing from Social Security when I’m 62 and my wife is 67? Should we hire a financial planner to help us navigate this?
Certainly get a pro to look at your predicament (if you even have one, lol) A second opinion from a comprehensive financial adviser can help you look at more than just your current estimate of cash flow and needs but also longevity risk, outliving your money, tax considerations, legacy planning, healthcare costs, inflation and a myriad of other things you may not be considering when reviewing your current situation
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I just here for ideas.
At a point like this, when the pressure is already on you to retire, it’s best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
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 an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA, my portfolio needs urgent attention , been a lot of loss.
Sharon Ann Meny is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
It seems that when people are in good health, their focus is money money money. All it takes is a life changing event to shift the focus to good health. If you lose your health, you will gladly give up the surplus of money to once again enjoy good health. Do Not Take Your Health For Granted!!!
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 $380k in a savings account that i want to invest in a non-retirement account. Where should I invest it now?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
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.
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
"Melissa Terri Swayne" serves as my advisor, bringing extensive qualifications and experience in the financial market. Her deep understanding of portfolio diversity positions her as an industry expert. I suggest delving into her credentials for further insight. With her considerable experience, she offers valuable guidance to anyone seeking to navigate the complexities of the financial market
Thank you for the information. I conducted my own research on google and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
OMG!!! You hit the nail on the head! I am single woman, 52 years old. I diligently saved! I had to work in my 40’s for my daughter and health insurance. I have a leg condition that made it difficult for me to be on my legs and a neck injury from falling in college (NO I was not drunk). To be able to function at work I needed weekly 90 minute massages and Physical Therapy is a must! It is the only way I can have any type of life. Your recommendation to this lady is spot on!!! It is worth every penny. I wish I had seen videos like this while I was in my 40’s, I would not have put all my money into my retirement accounts. I am now stuck having to wait until 55 to retire. I am counting down the days! Keep up the great videos
Thank you for your video, … you know,.. I can’t recommend Shellane Maxwell enough! When I first approached her, I was overwhelmed about retirement planning…Thanks to her guidance, I was able to restructure my investments and focus on high-yield options. Within just a year, my retirement fund grew by 55%!
She also helped me create a savings strategy that allowed me to set aside an additional $10000 a month. Now, I feel confident that I can retire five years earlier than I originally planned. If you're serious about securing your financial future, Shellane Maxwell is the one to talk to!
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an expert to help in diversifying your portfolio to spread out the risk.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically taking profits just before the market correction, I'm now seizing buying opportunities once again.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
I retired 22 years ago at 45 without a pile of money. I loved my career, just loved the added freedom more. The pile of money thing only matters if your idea of fun is spending money. I totally understand when working a person can think of a million things to buy that would fun. IMO it's better to spend years working at a job you love, at least like. Then in retirement do whatever. To me there was no real difference in working and retirement. Happy is happy. My total spend has averaged $592.04/mo for the past 21 months. Not spending to me is fun. I like cooking for myself. For years I ate out nearly everyday. Sometimes it was fun, often the service was poor and I'd be unhappy. Just trying to decide where to eat next got to be a chore. That's all going to change for me next year when I sell my house and move to SE Asia. My spending will be about $5800/mo and $500k cash. I'm 67, still very healthy, but want to prepare for extreme old age. So I'll set up a homebase for travel, hire a driver, housekeeper/assistant to travel with me. I'll also be checking out long term care resorts.
My father retired at 60 with a state pension, died in his sleep unexpectedly a year later. I'm that age now. So I am really pulling back from work. Just need to make it to Medicare
With assisted living or nursing homes being so high now, it's hard to decide whether to dip away on splurges now vs setting a good amount for the day you can no longer live in your own home. It's almost, damned if you do, damned if you don't. You keep us well informed Ari, keep 'em coming! ❤
Do both. Check out "long term care resorts". They exist in many countries and the cost ranges from about $1000-5000/mo USD. I'm moving to SE Asia next year. I'm 67, very healthy, but want to prepare. I can move into one of these places while still healthy. They aren't what you probably picture. Beautiful grounds and anything from a small apartment to a 2 or 3 bedroom villa. They have nurses on site and medical equipment needed for emergency care. If I have to go to the hospital they will send an attendant to be with me 24/7. As my needs increase I can add services all the way up to my own 24/7 private nurse. Or create your own "nursing home". I can rent or buy a condo or house and hire a live-in housekeeper who does everything 6 days a week, including some elder care for $75-200/mo USD plus food. A live-in fully trained caregiver is $500-1000/mo. Or if single you can marry a much younger local who can take care of you, and/or manage your care. 1000's of men are doing this and some women. It seems like US women have a hard time accepting a much younger man that they would have to support would love them, but it is possible. I know 2 cases, assume many more. I've been researching for 4 years and these are the best caregivers in the world. They live with you and you're helping them a lot too so a strong bond can form because you're helping each other. And SE Asia has a culture of taking care of old family members because few have the option to live in a nursing home. Medical care can be as good as in the US with one exception... almost no waiting. In the US a person can wait months for an appointment. In Thailand, Malaysia, Vietnam and other places you can get an appointment with even a specialist in a couple hours, couple days max. Preventive care is also much better imo. In the US very few people can afford MRIs as part of a routine checkup. But in SE Asia and other areas that level of screening is very affordable. All done in one day and generally the same day specialist review results with you as needed. Some Americans fly there just for the ""health checkup packages". Health insurance there is reasonable, but does increase with age to about $500/mo after 80. Many people just pay out of pocket. $200-300k cash would probably be enough to cover multiple major issues.
Thankfully when quality of life fades and dignified living is lost, Medicare is there to keep us alive because medical science can. Prefer compassionate euthanasia? I hear Medicare Advantage is the ticket...
@hrw3mom103 There's some truth to that but probably more wishful thinking.... We get old, some of breakdown and fall apart if we stay here long enough
I’m in poor health at age 47. Cancer runs in my family too. Sister died at age 49 of cancer. I rather be poor and in perfect health than have 3 million and have bad health. We are projected to have more than 3 million at age 55. It’s when I’m retiring with rule of 55
I would retire early if I had $3 million. At the very least I would have my wife retire first at 55. We would collect social security as early as possible.
@@METVWETV odd timing. Sister died at age 49 of rectal cancer metastasis in 2021. My other sister who just turned 49 in October of 2024 told me she got referred to hematologist at oncology clinic because her hemoglobin and hematocrit are very low. I’ll know more when she sees the hematologist for the first time next week. I’m the youngest of three kids. I’m 47
This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a TH-cam channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
I'm 62 and planning on retiring at 66 and am in a similar financial situation. My wife and I are also starting to take our vacations while still working. I've been seeing videos lately pointing out how much compound interest matters compared to contributions, so it's time to start spending salary and letting my accounts do their magic on their own.
I'm a 68 year old retiree who intends to die with a lot of money. 1) Because if I do become incapacitated and others have to take care of me, I don't want to end up in some hell hole. As far as I am concerned they are all hell holes, but some are better than others. I'll have the money to have people take care of me. 2) My plan when I pass away is to give the money to a worldwide charitable fund. I don't have much family and we all live far away from each other. We aren't that close. And who knows, I could outlive them all. As far as while I am living, I live very comfortably. I have money for for emergencies. If there is anything I want or need, I have the money to buy it. So, I personally, have no regrets.
Have you considered looking into setting up an at home care plan or at small group care settings instead of a nursing home? Is there really no one who you would like to leave even a small bequest/or financial trust for something specific? A niece or nephew who is young and will head to college sooner than the parents think? Some family heirlooms, even photos, to go to the genealogist in the family, or even the local historical society.
I think one problem is the line of reaching financial independence is blurry and difficult to tell especially when you are still raising kids and have family or parents that may need help down the line and have to think about the what ifs.
She's not sick - she reportedly suffers from sciatica, which is incredibly common, and in most cases is entirely treatable. Hope she tries to get some help for that.
@@athens31415 Sciatica can be chronic, going away and returning. IMO treating it quickly is the best choice. Her continuing to work/sit will just make sciatica more of a long term risk. But she's continuing to work with sciatica makes no sense. That would drive a normal person to quit working in order to get the sciatica to go away. I assume the video made up the whole thing. Common.
@@buckwildz Lumbar radiculopathy symptoms, although similar, are not "sciatica". Central vs peripheral etiology, etc. Docs make good money identifying (and then treating) the root cause of gluteal / leg (normally posterior) pain. :). I'm not an expert in health insurance, but both are extremely common, and I'd be surprised if baseline interventions aren't covered to some extent by most insurers.
Good stuff but I would add that living a frugal lifestyle to build wealth and retain it in retirement needn't be a "sacrifice" or burden. For instance we always took every bit of our vacation time, spending it in the Northwoods at a relative's lake cabin and there's nowhere we'd rather go. Alternatively we could have gone camping or rented a resort cabin for not too much for the 3 vacations we take each year. I've traveled the world from the comfort of my couch with travel and nature programs seeing things no tourist does and without the hassle and expense of actually dragging myself on a plane and returning home completely exhausted and swearing "never again" as most people I know that have done so. I've been looking at RVs for the past several years but I haven't been impressed with the quality and put off by all the problems I've seen. I've finally decided on a Class B van but again, I'm not interested in a manufactured one that uses traditional RV systems, especially given the ridiculous prices. Instead I've been keeping my eye out for a deal on a 2020 AWD Ford Transit Van medium or high roof van to turn into a smart, flexible and simple camper van that breaks away from traditional RV systems in favor on common sense alternatives to make it more self contained and independent of campgrounds and RV hookups. All for about 1/5th the cost of a new Class B RV and by making everything mountable to factory holes, easy to transfer it all to another van if/when needed or to remove so I can use it as a van again. Other things like cooking at home from scratch to get the best food at the lowest cost makes eating out nothing but an expensive disappointment. Choosing hobbies like cooking that are low cost, free or even ones that save money as well as keeping gear to the minimum and buying used when you can means you have lots to do and enjoy. An antenna, free streaming and a library card gives you unlimited free home entertainment as well. My wife and I live very comfortably well under our modest social security benefits without much need of adding additional spending although I'm thinking about getting a small lake house in my home town. My relatives are soon to sell their lake cabin and my plan was always to get a smaller one in the same area but after the last few years it's clear that it's a lot of work trying to maintain 2 properties, especially when one is so far away and remote and I'm not getting any younger. It's become more difficult to find things like painters and other tradesman to do so as well. I initially wanted to get a lake home here but was dissuaded by my relatives but now prices have more than doubled so that's fun and I'm taking my time to carefully select something that's just right for our modest needs...smaller is better. No hurry as we'll still have access to their lake cabin for another year or two hopefully. I have no ego that needs stroking nor do I care about "The Jones's" and I'll take comfort and ease over anything high dollar or "fancy". I've learned a lot of lessons from others that I value such as no expensive built in appliances, expensive vehicles like Jaguar, Land Rover, Porsche, etc. The wealthiest people I've ever met drove Toyotas, and for good reason. Every time I think of things to spend on a free or extremely low cost alternative pops into my head that's actually a better option so what else can I do? Cheers!
If ya want a case study for a future video, here ya go. Stuck between a rock and our company. We own a construction company (not-residential, mainly infrastructure) that has grown from making 0-100,000 profit a year to making around 1,000,000 a year profit. Stress is a killer and we are hoping to sell in 1-2 years as no other family members are willing to take over or want the responsibility. We would have already employed you and Root except our hands are somewhat tied between bonding, banking, accounting and investing loops. Without counting any company sales value whether it's direct asset sale or EBITA sale. We have 4,100,000 in super hero accounts, 310,000 in a 401k with partial Roth (putting 23K a year in Roth now annually) and partial standard 401 (approximately 50/50 as of 2024), 700,000 value in rental property assets (very willing to sell) which we owe 50,000 on. All are rented for combined revenue of 40,000 per year (tax, insurance and expenses take about 1/2 of the revenue). 500,000 primary home (owe 140,000 at 2.8%ish). Property (193 acres) in the middle of no where that we are putting a retirement home on (primary or secondary), paying cash for cabin and owe 85,000 on the property itself. We have 500,000+ in liquid assets from sale of a rental and other savings (various forms). Approximately 1,000,000 in liquid cash for company capital to avoid business loans. We haven't counted that in our assets until company is sold but I try not to count on anything until it's done as the world flips on it's head about every 8-10 years... About us, 52 and 46, life expectancy in our families is late 70's (or earlier) but want to plan for 90 as we are super conservative. Currently we cover all our expenses with 7500-8000 per month including our little bit of fun money we spend. We want to triple that monthly expense on vacations, hobbies, nicer things at least for 5-20 years. We know our expenses will go down in 2 years as our eldest will be out of school and we will be offloading our primary home (primary house has $2000 payment out of the 8000 expenses) for a smaller nice home (secondary/primary depending on taxes) (still keeping cabin as family pass down for our 2 children) in a tax efficient state like Tennessee or another South Eastern State that has good outdoors and low cost of living. We own an RV but will be buying a newer one to travel the US at least for a couple years that will also help us decide on our other home in a few years. We know how to live cheap and we think the hardest thing to do in the future is spending money that we've been sitting on because there's never time to utilize it. (helped us save but at the cost of stress and lack of enjoying the perks) Odd's are good that one of us will need full time memory care for 1-3 years in our 70's (me), other health issues will unfortunately slow us down before our 70's but we are stubborn and want to fight as long as we can for all the fun life has to offer. We would like to max out our 2 kids Roths or other accounts yearly when we are able up to max gifting available during that year just incase we can actually spend the rest of our money down to zero living our lives at last. Cauliflower has been sustaining for the past 40 years of working but it's time to eat some Filets and Sweet Taters. I like, don't love our super hero people but they are definitely not what we need for retirement as they are all set up around building/maintaining our business. They do have retirement programs but getting ping ponged between all the various people is sickening (accountants, financial advisor, risk manager, insurance, etc...) You already know the nasty run around we are dealing with. Thanks for all your videos and live streams. I try to get in on the streams weekly but sometimes its tough. Sorry such a rant of a comment.
Ari, can you make a video about in-plan conversions from traditional to Roth 401k? My employer's plan allows for me to be vested in both Roth and traditional, but they are reluctant to allow me to convert the traditional and pay the taxes on it. Why is that? If they won't do the conversion in-plan, is there a work around?
It’s not really a fair assessment. Money unspent and invested, continues to grow. At the end, everyone should have money left on the table. If spent too early, you will not be complaining to an advisor about the regrets of not going on enough vacations. Besides, who spends money just for the sake of spending money? This mindset of, I have X so then I can spend X, is so foreign to me. If you are waiting until retirement to “live” and you consider “living” as the ability to spend money, then you have lived a sad life. Be safe out there.
She regrets it now but if she wasn't sick she wouldn't. No one knows if we ill get sick or not. I would definitely retire earlier if I knew 100% that I would get sick, but since I don't know, i want to have $2.5 MILLY 💰💰💰💰💰 when I retire at 60 years old. Lol 😂😂😂😂😂
Been watching your videos for a while now and find great information included in them. One question I have come up with is….husband and wife both work with similar salaries. I see most of your examples use social security income projections. Let’s assume 15K per month of income is needed for expenses, 6K of which comes from SS payments and that leaves 9K to come from other sources. Your projections do not seem to include the possibility of 1 spouse significantly outliving the other, meaning their SS payment stops. How would you go about that scenario if 1 spouse passed away at 80 but the other lived well into their 90’s
So if $3MM is too much for one person, is it enough for 2? Does being a couple mean you need twice the amount saved? Or is the equation different from that?
It's way more complex than that, as he just showed. This is why people hire financial advisors. They begin to flesh out a profile with questions like he showed; how much you spend per month on fixed and variable expenses, do you have long term care insurance, how's your health, what are your retirement goals and what will that cost, how risk averse are you? There are formulas that calculate all of that and an advisor helps you come up with a plan that hopefully fits your life now and expected life ahead, with some degree of surprise hedging.
I've seen too many friends retire and then pass a year or two after. Covid was the wake-up kick for me. It's hard to stop when you are making the larger paychecks as your career advances, but someone, find SOMEONE to keep asking you how much you need, really need and how else could you spend your limited time. This vid is a good reminder for those of us who are in the rat race to win. Okay, you won the race. Now retire already!
She's mad she has 3 million dollars and I'm mad I don't have 300 dollars pay my rent this month. We all have more in common than you think. One thing I do totally agree with her is that I don't like a downward sloping graphs either..lol.
Me I don’t wanna have too much money. I just want to retire early and not work an extra week only to realize I have over accumulated money😅 my dad retired at 55 and his regret is working an extra year. I retired at 38 and it’s been 2 years! 🎉 even without making an income my portfolio increased by a significant amount this past 2 years, made more than I did at my 9-5. Compound interest and a good market.
And btw, if at some point am at the point where my portfolio is getting too low, I would just go back to work for a year to replenish it. I used to have that fear of running out of money because am so healthy that I outlived my money, which is a good thing to be alive. Ever since my retirement I have traveled to 5 did countries and 3 continents, Asia, Europe and moved from the USA for Finland.
She is going to need that extra million to pay for her long time care, so she should be happy she has that money. The medical system is coming for her.
She should retire and work on health ASAP. Diet - cut out all the ultra high-processed foods, eat organic, eat grass fed, grass finished meat, wild caught fish. Yes, more expensive but if you can afford it... You cannot put a price on health. Take up Yoga, that will probably cure your Sciatica. Join a gym and do some strength training.
So true!! I retired this year just shy of 57. I treat my health and wellness as my ‘new’ job!! I go to the gym MWF doing weights and cardio then T, Th & Sa ….I walk 4-5 miles. Eating healthy and enjoying the freedom 🎉
@@silentnot4812 Oh yes --- diet will cause your bones to move in a different way so as to cure an ailment essentially from bone structure misalignment --- you probably also believe jumping off the Empire State Building will cure cancer! News flash: The Earth is round.
@@athens31415 - Stretching is VERY important to helping with Sciatica--Yoga will definitely help. I've had it. Chiropractor, stretching, sitting properly, bed change, etc. Proper body movements/posture. Time is also very important. It will take MONTHS of doing these things before pain reduces.
Many people think diet is a cure for everything. Steve Jobs thought diet would cure his pancreatic cancer and that thinking may have cost him his life. Sciatica normally goes away on it's own if the person just stops doing whatever caused it. Diet is super important for health in general. But as a "treatment" for specific things depends on the issue. Yoga could very well make sciatica worse. Strength training in a gym very likely to make it worse. Rest to allow swelling to reduce is standard treatment.
This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a TH-cam channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
BLACK FRIDAY SALE!! Code: OPTIMIZE20
Academy: ari-taublieb.mykajabi.com/early-retirement-academy
Find out:
- How and where you should be saving your money
- When work can become optional
- Run what-if scenarios
- Model Roth conversions
- Run healthcare analysis
- so much MORE!
If you’re in the academy, comment below if it’s helped you 😊
Its not "You can never have too much money" which is true, you can't have too much. The issue instead is "Your cost to have more money can be too high". Its trade off of the limited time you have left with good health versus accumulating more wealth. Trading "one more year" of accumulation versus spending.
Awesome! I appreciate your viewpoint. I currently earn $600k per year. I have no home or investments, and my job is in New York because I work from home. I need to act quickly or else I'll owe the IRS thousands of dollars come tax season. What should I do?
To better understand the factors that could affect your finances as a beginner. To make the best decision, speak with a financial professional. They have a wealth of information regarding both current events and upcoming developments.
Secure a good financial advisor to help guide you on where to put your money. I have one and my returns are a lot higher. 9% on average on my 401k and 12% on mywife and I’s ROTH. IRA is a bit lower at 9%. Also he recommended that I build up some cash before retirement (that was sitting in savings) by putting it into Tbills that are paying out 5%.
I appreciate your advice. How can I get in touch with your Financial Advisor, if you don't mind? I am in severe need of financial aid.
Annette Christine Conte , a well-known advisor, and I collaborate frequently. Her name may be looked up online, where you can get in touch with her.
Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
We are in our 50s with nearly $3M saved, no debt and $50K annual spending. But we avoid the stock market completely.
I’m retired. Your story of a conservative savings profile is a common one. Any course of action involves risks. You might be avoiding market risk, but you are taking on other risks like inflation and reinvestment risk.
My wife is willing to work for another 5 years if needed. Are we in good shape? Will we be okay if I begin withdrawing from Social Security when I’m 62 and my wife is 67? Should we hire a financial planner to help us navigate this?
No one likes market risk, but without longer retirement, taking on risk is often a necessary evil to compensate for inflation.
Certainly get a pro to look at your predicament (if you even have one, lol) A second opinion from a comprehensive financial adviser can help you look at more than just your current estimate of cash flow and needs but also longevity risk, outliving your money, tax considerations, legacy planning, healthcare costs, inflation and a myriad of other things you may not be considering when reviewing your current situation
How does one get a comprehensive fa who isn’t looking to just make a buck from consultancy and whatnot
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I just here for ideas.
At a point like this, when the pressure is already on you to retire, it’s best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
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 an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA, my portfolio needs urgent attention , been a lot of loss.
Sharon Ann Meny is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
My comment was called out in the video. Wow! I spend too much time on TH-cam, but never waste a minute listening to Ari. Keep going, sir!
❤️
It seems that when people are in good health, their focus is money money money. All it takes is a life changing event to shift the focus to good health. If you lose your health, you will gladly give up the surplus of money to once again enjoy good health. Do Not Take Your Health For Granted!!!
Seems normal to me. You'll focus in your most critical need.
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 $380k in a savings account that i want to invest in a non-retirement account. Where should I invest it now?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
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.
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
"Melissa Terri Swayne" serves as my advisor, bringing extensive qualifications and experience in the financial market. Her deep understanding of portfolio diversity positions her as an industry expert. I suggest delving into her credentials for further insight. With her considerable experience, she offers valuable guidance to anyone seeking to navigate the complexities of the financial market
Thank you for the information. I conducted my own research on google and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
OMG!!! You hit the nail on the head! I am single woman, 52 years old. I diligently saved! I had to work in my 40’s for my daughter and health insurance. I have a leg condition that made it difficult for me to be on my legs and a neck injury from falling in college (NO I was not drunk). To be able to function at work I needed weekly 90 minute massages and Physical Therapy is a must! It is the only way I can have any type of life. Your recommendation to this lady is spot on!!! It is worth every penny. I wish I had seen videos like this while I was in my 40’s, I would not have put all my money into my retirement accounts. I am now stuck having to wait until 55 to retire. I am counting down the days! Keep up the great videos
Thank you! Wishing you the best. Hope your health improves every day.
Thank you for your video, … you know,.. I can’t recommend Shellane Maxwell enough! When I first approached her, I was overwhelmed about retirement planning…Thanks to her guidance, I was able to restructure my investments and focus on high-yield options. Within just a year, my retirement fund grew by 55%!
She also helped me create a savings strategy that allowed me to set aside an additional $10000 a month. Now, I feel confident that I can retire five years earlier than I originally planned. If you're serious about securing your financial future, Shellane Maxwell is the one to talk to!
She mostly interacts on Telegrams, using her name.
@shellanemaxwell she’s verified
Oh, do you happen to know her too? I'm proud to say I've also benefited from her platform
Archieving a weekly profit of 45k
Yeah, Ari is young, and he’s insightful and approachable. Keep at it Ari! I appreciate your videos so much!
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an expert to help in diversifying your portfolio to spread out the risk.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically taking profits just before the market correction, I'm now seizing buying opportunities once again.
Consulting with a financial consultant can provide personalized insights and help align your investment strategy with your retirement goals.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you.
Your client is crazy. Wishing they would have retired earlier, but is still planning on working longer. How about stop next week.
I retired 22 years ago at 45 without a pile of money. I loved my career, just loved the added freedom more. The pile of money thing only matters if your idea of fun is spending money. I totally understand when working a person can think of a million things to buy that would fun. IMO it's better to spend years working at a job you love, at least like. Then in retirement do whatever.
To me there was no real difference in working and retirement. Happy is happy. My total spend has averaged $592.04/mo for the past 21 months. Not spending to me is fun. I like cooking for myself. For years I ate out nearly everyday. Sometimes it was fun, often the service was poor and I'd be unhappy. Just trying to decide where to eat next got to be a chore.
That's all going to change for me next year when I sell my house and move to SE Asia. My spending will be about $5800/mo and $500k cash. I'm 67, still very healthy, but want to prepare for extreme old age. So I'll set up a homebase for travel, hire a driver, housekeeper/assistant to travel with me. I'll also be checking out long term care resorts.
You mean discretionary spending? My health insurance is more than that.
right that wouldnt cover my property tax and home/car insurance.
My father retired at 60 with a state pension, died in his sleep unexpectedly a year later. I'm that age now. So I am really pulling back from work. Just need to make it to Medicare
With assisted living or nursing homes being so high now, it's hard to decide whether to dip away on splurges now vs setting a good amount for the day you can no longer live in your own home. It's almost, damned if you do, damned if you don't. You keep us well informed Ari, keep 'em coming! ❤
Do both. Check out "long term care resorts". They exist in many countries and the cost ranges from about $1000-5000/mo USD. I'm moving to SE Asia next year. I'm 67, very healthy, but want to prepare. I can move into one of these places while still healthy. They aren't what you probably picture. Beautiful grounds and anything from a small apartment to a 2 or 3 bedroom villa. They have nurses on site and medical equipment needed for emergency care. If I have to go to the hospital they will send an attendant to be with me 24/7. As my needs increase I can add services all the way up to my own 24/7 private nurse.
Or create your own "nursing home". I can rent or buy a condo or house and hire a live-in housekeeper who does everything 6 days a week, including some elder care for $75-200/mo USD plus food. A live-in fully trained caregiver is $500-1000/mo.
Or if single you can marry a much younger local who can take care of you, and/or manage your care. 1000's of men are doing this and some women. It seems like US women have a hard time accepting a much younger man that they would have to support would love them, but it is possible. I know 2 cases, assume many more.
I've been researching for 4 years and these are the best caregivers in the world. They live with you and you're helping them a lot too so a strong bond can form because you're helping each other. And SE Asia has a culture of taking care of old family members because few have the option to live in a nursing home.
Medical care can be as good as in the US with one exception... almost no waiting. In the US a person can wait months for an appointment. In Thailand, Malaysia, Vietnam and other places you can get an appointment with even a specialist in a couple hours, couple days max.
Preventive care is also much better imo. In the US very few people can afford MRIs as part of a routine checkup. But in SE Asia and other areas that level of screening is very affordable. All done in one day and generally the same day specialist review results with you as needed. Some Americans fly there just for the ""health checkup packages".
Health insurance there is reasonable, but does increase with age to about $500/mo after 80. Many people just pay out of pocket. $200-300k cash would probably be enough to cover multiple major issues.
Thankfully when quality of life fades and dignified living is lost, Medicare is there to keep us alive because medical science can. Prefer compassionate euthanasia? I hear Medicare Advantage is the ticket...
Do you know what happens if you retire early? You have time to focus on your health! Hopefully you won’t need assisted living.
@hrw3mom103
There's some truth to that but probably more wishful thinking....
We get old, some of breakdown and fall apart if we stay here long enough
@@hrw3mom103 -I did at 54, but when you get too old to live it up, you just might need it, especially if you don't have family to check on you.
I’m in poor health at age 47. Cancer runs in my family too. Sister died at age 49 of cancer. I rather be poor and in perfect health than have 3 million and have bad health. We are projected to have more than 3 million at age 55. It’s when I’m retiring with rule of 55
Yes and eat healthy and get your blood tested every 4 months!
Cancer is survivable if you get it early enough!
I would retire early if I had $3 million. At the very least I would have my wife retire first at 55. We would collect social security as early as possible.
@@METVWETV odd timing. Sister died at age 49 of rectal cancer metastasis in 2021. My other sister who just turned 49 in October of 2024 told me she got referred to hematologist at oncology clinic because her hemoglobin and hematocrit are very low. I’ll know more when she sees the hematologist for the first time next week. I’m the youngest of three kids. I’m 47
This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a TH-cam channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
@@mellon-wrigley3 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
My CFA Izella Annette Anderson a renowned figure in her line of work. I recommend researching her credentials further.
Thank you for this amazing tip. I just looked the name up and wrote her.
Good thoughts. It’s easy to work and not think about what your $$ needs are in retirement.
I'm 62 and planning on retiring at 66 and am in a similar financial situation. My wife and I are also starting to take our vacations while still working.
I've been seeing videos lately pointing out how much compound interest matters compared to contributions, so it's time to start spending salary and letting my accounts do their magic on their own.
We both switched to working part time at age 50 to be able to travel and do more together.
Who wants to be the richest guy in the cemetery?
I don't mind if it means I also lived a rich life.😅
@@TheFirstRealChewy and were able to set your children and grandchildren up for success and building on what you left behind.
a person's health can change at ANY AGE
I'm a 68 year old retiree who intends to die with a lot of money. 1) Because if I do become incapacitated and others have to take care of me, I don't want to end up in some hell hole. As far as I am concerned they are all hell holes, but some are better than others. I'll have the money to have people take care of me. 2) My plan when I pass away is to give the money to a worldwide charitable fund. I don't have much family and we all live far away from each other. We aren't that close. And who knows, I could outlive them all. As far as while I am living, I live very comfortably. I have money for for emergencies. If there is anything I want or need, I have the money to buy it. So, I personally, have no regrets.
Have you considered looking into setting up an at home care plan or at small group care settings instead of a nursing home? Is there really no one who you would like to leave even a small bequest/or financial trust for something specific? A niece or nephew who is young and will head to college sooner than the parents think? Some family heirlooms, even photos, to go to the genealogist in the family, or even the local historical society.
@@donnawestbrook8992 Nope
I think one problem is the line of reaching financial independence is blurry and difficult to tell especially when you are still raising kids and have family or parents that may need help down the line and have to think about the what ifs.
You're the best Ari!
Great video! Thanks for this :)
You'd never hear that from me. If my health kills me before I can spend my money, oh well. The neices & nephews are set.
I'm with you!
I'm leaving a legacy and I'm NEVER going to worry about running out!
She's not sick - she reportedly suffers from sciatica, which is incredibly common, and in most cases is entirely treatable. Hope she tries to get some help for that.
And just how much do you think it costs to treat sciatica for the rest of your life?
@@athens31415 I had it. I just did physical therapy and was fine in a few months.
@@athens31415 Sciatica can be chronic, going away and returning. IMO treating it quickly is the best choice. Her continuing to work/sit will just make sciatica more of a long term risk. But she's continuing to work with sciatica makes no sense. That would drive a normal person to quit working in order to get the sciatica to go away. I assume the video made up the whole thing. Common.
Insurance covers treatment of chronic sciatica, or as it is known medically, radiculopathy.
@@buckwildz Lumbar radiculopathy symptoms, although similar, are not "sciatica". Central vs peripheral etiology, etc. Docs make good money identifying (and then treating) the root cause of gluteal / leg (normally posterior) pain. :). I'm not an expert in health insurance, but both are extremely common, and I'd be surprised if baseline interventions aren't covered to some extent by most insurers.
Good stuff but I would add that living a frugal lifestyle to build wealth and retain it in retirement needn't be a "sacrifice" or burden. For instance we always took every bit of our vacation time, spending it in the Northwoods at a relative's lake cabin and there's nowhere we'd rather go. Alternatively we could have gone camping or rented a resort cabin for not too much for the 3 vacations we take each year. I've traveled the world from the comfort of my couch with travel and nature programs seeing things no tourist does and without the hassle and expense of actually dragging myself on a plane and returning home completely exhausted and swearing "never again" as most people I know that have done so. I've been looking at RVs for the past several years but I haven't been impressed with the quality and put off by all the problems I've seen. I've finally decided on a Class B van but again, I'm not interested in a manufactured one that uses traditional RV systems, especially given the ridiculous prices. Instead I've been keeping my eye out for a deal on a 2020 AWD Ford Transit Van medium or high roof van to turn into a smart, flexible and simple camper van that breaks away from traditional RV systems in favor on common sense alternatives to make it more self contained and independent of campgrounds and RV hookups. All for about 1/5th the cost of a new Class B RV and by making everything mountable to factory holes, easy to transfer it all to another van if/when needed or to remove so I can use it as a van again.
Other things like cooking at home from scratch to get the best food at the lowest cost makes eating out nothing but an expensive disappointment. Choosing hobbies like cooking that are low cost, free or even ones that save money as well as keeping gear to the minimum and buying used when you can means you have lots to do and enjoy. An antenna, free streaming and a library card gives you unlimited free home entertainment as well.
My wife and I live very comfortably well under our modest social security benefits without much need of adding additional spending although I'm thinking about getting a small lake house in my home town. My relatives are soon to sell their lake cabin and my plan was always to get a smaller one in the same area but after the last few years it's clear that it's a lot of work trying to maintain 2 properties, especially when one is so far away and remote and I'm not getting any younger. It's become more difficult to find things like painters and other tradesman to do so as well. I initially wanted to get a lake home here but was dissuaded by my relatives but now prices have more than doubled so that's fun and I'm taking my time to carefully select something that's just right for our modest needs...smaller is better. No hurry as we'll still have access to their lake cabin for another year or two hopefully.
I have no ego that needs stroking nor do I care about "The Jones's" and I'll take comfort and ease over anything high dollar or "fancy". I've learned a lot of lessons from others that I value such as no expensive built in appliances, expensive vehicles like Jaguar, Land Rover, Porsche, etc. The wealthiest people I've ever met drove Toyotas, and for good reason. Every time I think of things to spend on a free or extremely low cost alternative pops into my head that's actually a better option so what else can I do?
Cheers!
If ya want a case study for a future video, here ya go.
Stuck between a rock and our company. We own a construction company (not-residential, mainly infrastructure) that has grown from making 0-100,000 profit a year to making around 1,000,000 a year profit. Stress is a killer and we are hoping to sell in 1-2 years as no other family members are willing to take over or want the responsibility. We would have already employed you and Root except our hands are somewhat tied between bonding, banking, accounting and investing loops.
Without counting any company sales value whether it's direct asset sale or EBITA sale. We have 4,100,000 in super hero accounts, 310,000 in a 401k with partial Roth (putting 23K a year in Roth now annually) and partial standard 401 (approximately 50/50 as of 2024), 700,000 value in rental property assets (very willing to sell) which we owe 50,000 on. All are rented for combined revenue of 40,000 per year (tax, insurance and expenses take about 1/2 of the revenue). 500,000 primary home (owe 140,000 at 2.8%ish). Property (193 acres) in the middle of no where that we are putting a retirement home on (primary or secondary), paying cash for cabin and owe 85,000 on the property itself. We have 500,000+ in liquid assets from sale of a rental and other savings (various forms). Approximately 1,000,000 in liquid cash for company capital to avoid business loans. We haven't counted that in our assets until company is sold but I try not to count on anything until it's done as the world flips on it's head about every 8-10 years...
About us, 52 and 46, life expectancy in our families is late 70's (or earlier) but want to plan for 90 as we are super conservative. Currently we cover all our expenses with 7500-8000 per month including our little bit of fun money we spend. We want to triple that monthly expense on vacations, hobbies, nicer things at least for 5-20 years. We know our expenses will go down in 2 years as our eldest will be out of school and we will be offloading our primary home (primary house has $2000 payment out of the 8000 expenses) for a smaller nice home (secondary/primary depending on taxes) (still keeping cabin as family pass down for our 2 children) in a tax efficient state like Tennessee or another South Eastern State that has good outdoors and low cost of living. We own an RV but will be buying a newer one to travel the US at least for a couple years that will also help us decide on our other home in a few years. We know how to live cheap and we think the hardest thing to do in the future is spending money that we've been sitting on because there's never time to utilize it. (helped us save but at the cost of stress and lack of enjoying the perks) Odd's are good that one of us will need full time memory care for 1-3 years in our 70's (me), other health issues will unfortunately slow us down before our 70's but we are stubborn and want to fight as long as we can for all the fun life has to offer. We would like to max out our 2 kids Roths or other accounts yearly when we are able up to max gifting available during that year just incase we can actually spend the rest of our money down to zero living our lives at last.
Cauliflower has been sustaining for the past 40 years of working but it's time to eat some Filets and Sweet Taters. I like, don't love our super hero people but they are definitely not what we need for retirement as they are all set up around building/maintaining our business. They do have retirement programs but getting ping ponged between all the various people is sickening (accountants, financial advisor, risk manager, insurance, etc...) You already know the nasty run around we are dealing with.
Thanks for all your videos and live streams. I try to get in on the streams weekly but sometimes its tough. Sorry such a rant of a comment.
This is 100% correct!
Ari, can you make a video about in-plan conversions from traditional to Roth 401k? My employer's plan allows for me to be vested in both Roth and traditional, but they are reluctant to allow me to convert the traditional and pay the taxes on it. Why is that? If they won't do the conversion in-plan, is there a work around?
It’s not really a fair assessment. Money unspent and invested, continues to grow. At the end, everyone should have money left on the table. If spent too early, you will not be complaining to an advisor about the regrets of not going on enough vacations. Besides, who spends money just for the sake of spending money? This mindset of, I have X so then I can spend X, is so foreign to me. If you are waiting until retirement to “live” and you consider “living” as the ability to spend money, then you have lived a sad life. Be safe out there.
You reference the advisor that says they target 60-70% success and readjust. Is that what you typically do as well?
She regrets it now but if she wasn't sick she wouldn't. No one knows if we ill get sick or not. I would definitely retire earlier if I knew 100% that I would get sick, but since I don't know, i want to have $2.5 MILLY 💰💰💰💰💰 when I retire at 60 years old. Lol 😂😂😂😂😂
Exactly. And that's the gamble we all have to make. Save as if you'll live until 90 until health changes that.
Been watching your videos for a while now and find great information included in them. One question I have come up with is….husband and wife both work with similar salaries. I see most of your examples use social security income projections. Let’s assume 15K per month of income is needed for expenses, 6K of which comes from SS payments and that leaves 9K to come from other sources. Your projections do not seem to include the possibility of 1 spouse significantly outliving the other, meaning their SS payment stops. How would you go about that scenario if 1 spouse passed away at 80 but the other lived well into their 90’s
So if $3MM is too much for one person, is it enough for 2? Does being a couple mean you need twice the amount saved? Or is the equation different from that?
It's way more complex than that, as he just showed. This is why people hire financial advisors. They begin to flesh out a profile with questions like he showed; how much you spend per month on fixed and variable expenses, do you have long term care insurance, how's your health, what are your retirement goals and what will that cost, how risk averse are you? There are formulas that calculate all of that and an advisor helps you come up with a plan that hopefully fits your life now and expected life ahead, with some degree of surprise hedging.
I've seen too many friends retire and then pass a year or two after. Covid was the wake-up kick for me. It's hard to stop when you are making the larger paychecks as your career advances, but someone, find SOMEONE to keep asking you how much you need, really need and how else could you spend your limited time. This vid is a good reminder for those of us who are in the rat race to win. Okay, you won the race. Now retire already!
YES. THIS.
Thank you 52 year old man wanting to retire asap
She's mad she has 3 million dollars and I'm mad I don't have 300 dollars pay my rent this month. We all have more in common than you think. One thing I do totally agree with her is that I don't like a downward sloping graphs either..lol.
Me I don’t wanna have too much money. I just want to retire early and not work an extra week only to realize I have over accumulated money😅 my dad retired at 55 and his regret is working an extra year. I retired at 38 and it’s been 2 years! 🎉 even without making an income my portfolio increased by a significant amount this past 2 years, made more than I did at my 9-5. Compound interest and a good market.
And btw, if at some point am at the point where my portfolio is getting too low, I would just go back to work for a year to replenish it. I used to have that fear of running out of money because am so healthy that I outlived my money, which is a good thing to be alive. Ever since my retirement I have traveled to 5 did countries and 3 continents, Asia, Europe and moved from the USA for Finland.
I retired at 65 when I can still enjoy retirement. I only have 200k and I don't care.
wow more then 3 minutes in and all BS
She is going to need that extra million to pay for her long time care, so she should be happy she has that money. The medical system is coming for her.
What is a superhero account?
Brokerage
Good video. I dont care how much money you have saved. If you dont have your health, whats the point?
Everyone who reads this, we don't know each other and probably never will but I wish you all the best in life and all the luck in the world
So many bots here.
She should retire and work on health ASAP. Diet - cut out all the ultra high-processed foods, eat organic, eat grass fed, grass finished meat, wild caught fish. Yes, more expensive but if you can afford it... You cannot put a price on health. Take up Yoga, that will probably cure your Sciatica. Join a gym and do some strength training.
So true!! I retired this year just shy of 57. I treat my health and wellness as my ‘new’ job!! I go to the gym MWF doing weights and cardio then T, Th & Sa ….I walk 4-5 miles. Eating healthy and enjoying the freedom 🎉
Yoga doesn't cure Sciatica -- what TF are you even talking about? You're just a shill.
@@silentnot4812 Oh yes --- diet will cause your bones to move in a different way so as to cure an ailment essentially from bone structure misalignment --- you probably also believe jumping off the Empire State Building will cure cancer! News flash: The Earth is round.
@@athens31415 - Stretching is VERY important to helping with Sciatica--Yoga will definitely help. I've had it. Chiropractor, stretching, sitting properly, bed change, etc. Proper body movements/posture. Time is also very important. It will take MONTHS of doing these things before pain reduces.
Many people think diet is a cure for everything. Steve Jobs thought diet would cure his pancreatic cancer and that thinking may have cost him his life. Sciatica normally goes away on it's own if the person just stops doing whatever caused it.
Diet is super important for health in general. But as a "treatment" for specific things depends on the issue.
Yoga could very well make sciatica worse. Strength training in a gym very likely to make it worse. Rest to allow swelling to reduce is standard treatment.
with that much money, she can afford some good surgeries to fix her sciatica.....
Your intro is too long-winded
This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a TH-cam channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
@@sloanmarriott5 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
My CFA Izella Annette Anderson a renowned figure in her line of work. I recommend researching her credentials further.
Thank you for this amazing tip. I just looked the name up and wrote her.
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.