Can’t help but notice the watch said 30 years too. Must have been nice, because today if you start working at 18 and stop at 67 (full retirement), that means you had to work nearly 50 years (which also doesn’t take into account all the overtime and side jobs we have to do today just to get by).

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.

The advisor that guides me is 'Tenley Megan Amerson' most likely the internet is where to find her basic info, just search her name. She's established.

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call.

Americans and Illegals will be no different from each other.

No Mark, you must find your inner childhood again. How was your idea of peace as a child and grow a world around it.

Explore the opportunity to engage financial advisors, estate planners, or tax consultants. Leveraging their specialized skills can support you in making informed financial decisions.

I agree completely, having a brokerage advisor for investing is a brilliant move! During the financial crisis of 2008, I was facing investing challenges until I sought the help of an advisor. To sum up, I've grown my initial investment of $350k into over $2m with the assistance of my advisor.

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.

Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $250k since then.

@@hasede-lg9hj Could you kindly elaborate on the advisor's background and qualifications?

The advisor that guides me is Vivian Carol Gioia, most likely the internet is where to find her basic info, just search her name. She's established.

Thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to her!

51 years old. I have $295,588.25 in my Fidelity retirement account. I cranked my contributions up to 35% and I do all the investing on my own. Fidelity just holds my ETFs/stocks. I made that change earlier this year. I'm hoping to end the rat race by 60 but it's looking more like 63-ish. I want to have $1.5M and bring in about $60k in dividends each year. Pedal to the floor! Thanks for the video. Great content

I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?

Natalie Marie Tuttle is my Advis0r. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.

Look how things change in just 50 years throughout history. What makes you think everything will continue just the same from now on?

At a point like this, when the pressure is already on you to retire, its 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.

Your advisor appears skilled. How can I contact them? I've recently sold property and aim to invest in stocks, seeking guidance.

I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks

VTSAX. You're welcome

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. hence I will suggest you get yourself a financial-Advisor that can provide you with entry and exit points on best stocks to buy now or put on a watchlist.

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

The strategy was they had extra cash lying in the bank earning 1%. They saw the covid market crash, and put 50-100K in index funds, stocks, ect... when the prices were crazy low and artifically deflated in March 2020. It paid off. The S&P 500 has doubled, and some stocks have really taken off. I was able to do this to a small degree, and was able to 2x-3x about 30K. Some of investing is luck, some of it is timing, and some of it is keeping some cash on hand when there's an opportunity.

piss off scammers

Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.

I agree. Based on personal experience working with a financįal advlsor, I currently have $2 million in a well-diversified portfolìo that has experienced exponential growth from when i started. It's not only about having money to invest in stõcks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

I work with *Paula Eloise Davis* as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.

*Vivian Louise Dehoff* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary expertise to pull off such trades effectively carry them out.

I agree , I assumed I had a hang of the market at first, I gained $50k one year and I was super elated, not until I stumbled upon a portfolio-advisr whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I netted a whooping $280K during this dip, that made it clear there's more to the market that we average joes don't know

I agree , I assumed I had a hang of the market at first, I gained $50k one year and I was super elated, not until I stumbled upon a portfolio-advisr whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I netted a whooping $280K during this dip, that made it clear there's more to the market that we average joes don't know

Had a good run during my first year in the fin-market, I assumed I had a hang on it. However, things changed during the pandemic, and I needed to diversify into safe assets, so I approached a coach who devised a structure that matched my annual goal of 200k

Although my knowledge of the business is limited, it seems that this is the ideal time to enter the market based on my understanding of supply and demand in the economy. The consistent price variations, which shouldn't be an issue, are the only thing stopping me. But I really need a counselor; could you please assist me?

What steps can I take to engage in this opportunity? I genuinely aim to secure my financial future and am enthusiastic about taking part.

The government should fund SS to the point where nobody has to worry about living in squalor when they grow old.

They come out of high school and don't know how interest on a credit card works. Let alone a retirement fund

Firstly most of the 'victims' here were greedy-they were trying to obtain ridiculously high returns that could only be offered by cowboys. Next, the real reasons companies stopped paying final salary pensions is because they became fantastically expensive to pay for. That's why so many American companies outsource their jobs-it became far too expensive to pay American workers(and Europeans too) as we insist on retiring from 60 onwards when most people will love till their 80's and 1 in 2 people born today will live to 100. The maths just does not add up. You cannot work for 40 years then expect a pension for 40 years that is inflation linked and tied to your final salary. The public refuse to pay more or retire later-well guess what-the promises that have been paid CANNOT be honoured-there is just not enough money to do that. The BIGGEST reason is that 'public sector' workers are just damn greedy. They expect everyone to pay into a pension plan for them that most people can NEVER hope to get-good luck with that-the public will rise up against it. The public sector is far too big and the salaries are off the scale. Police officers earning over $150k in California, Principles $500k-it's crazy and CANNOT be paid for-we have the same nuttiness here in Blighty too. This documentary wants to push the narrative that the Government is the solution to the Pensions crisis-the Government CAUSED it!! The only way for people to retire comfortably is to keep your savings outside of the banking system-they will confiscate it when the next crisis comes and believe me it's coming. And guess what folks-NO ONE WILL EVER LOOK AFTER YOUR MONEY THEY WAY YOU WILL SO DO IT YOURSELF-TAKE RESPONSIBILITY, SWITCH THE TV OFF, STOP FIXATING ON BS AND START FOCUSSING ON YOUR LIFE!! And Finally-Never trust anyone with your money-WATCH THEM LIKE A HAWK AND THAT INCLUDES FAMILY-EVERYONE LOVES SPENDING OTHER PEOPLES MONEY!!! BUY GOLD AND SILVER-IT'S THE ONLY REAL MONEY!!!!!

@@jeremypeterson705 If the government allowed people to privately invest their money in aggressive growth mutual funds, everyone would retire with $1M or more. My wife is a school teacher (in the lowest paying state in the union). I never made much more than she. Yet at 49 and 56, we're worth upwards of $2M -- if you include our home.

@@Duke_of_Prunes What happens if you get into an accident or get cancer and the hospital bills eat away at your nest egg?

Best thing you can do to derisk is diversify.

Its unclear which stocks and sectors will lead the market in the next uptrend. It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.

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

Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

“Melissa Rose Francks’’ 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.

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000

Mind if I ask you to recommend this particular coach you using their service?

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

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.

While the stock market is promising, expert guidance is essential for effective portfolio management

Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2022

Who is the coach that provides guidance for you? I urgently require assistance; my stock portfolio is stagnating, and I need investment advice for retirement.

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.

@@Huckster-tj9ifno, you can't keep it sitting on your bank account due to inflation.. my advice is to buy a house in a none risk climatic area, own your car, avoid debt, reduce your energy consumption with a small house and well isolated. Then you buy index fund charging low fees, diversify into different class assets, and don't let people manage your money for you, just educate yourself. I personaly bought an house, hold precious metal, reduced spending and will grow my own vegetable.

I didn’t understand investing But if I could go back. He’s a guy I’d love to buy a steak 🥩 dinner for and listen to his wisdom.

Didn't know he passed away. He looked so vital and perceptive in this video.

PLEASE BE AWARE THAT THERE ARE BOTS HERE (not this comment) BIT OTHERS TRYING TO TRICK YOU SO BECAREFULL< YT is full of this garbage.

Invested in Vanguard today!

​@@vornamenachname5589 steak killed him.

But experts and strategists are telling us that those who believe the market will still bounce back are simply delusional - and they are about to get a reality check.

@@DanLeahfort I agree. Based on firsthand encounter with one ‘’LISA ELLEN SHAW’’ now i have 55k in a well diversified portfolio which has grown by 3x in the past 7 months with compounding, venturing doesn’t necessarily boil down to money but you also have to be informed, be patient and back it up with good hands

@@RachelBrinkmeier I'm 29 and have decided I'm going to try and put 60% of my pay check into the market . How do i reckon with LISA, whats her services like, do you think she can help me out ? I'm from Australia

@@ThormanBoucher LISA covers things like investment, insurance, making sure retirement is well funded, Go over tax advantages , ways to have a volatility buffer for investment risk. many things like that . Just glance her full name up on the internet .she's well renowned and has quite a following. So it shouldn't be a hassle finding her.

@@RachelBrinkmeier Interesting, I curiously searched her full name on my web browser and I came across her site thankfully. She looks impeccable.

It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

I agree, that's the more reason I prefer my day to day investment decisions being guided by a investment-advisor, seeing that their entire skill set is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a investment-coach for over 2years+ and I've netted over $900K.

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

She goes by 'Julia Hope Marble ''. I choose to delegate my excesses to her because of her great expertise. I suggest you look her up. To be honest, almost didn't buy the idea of letting someone handle growing my finance, but so glad I did!!

Thank you for sharing, I must say, Julia appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.

I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.

Indeed, many people minimize the significance of advisors until their own feelings burn them out. After a protracted divorce, I needed a boost to keep my firm viable, so a few summers ago, I looked for licensed consultants and found someone with the highest qualifications. My reserve has increased from $275k to $850k thanks to her assistance, even with inflation.

I need help rebuilding my portfolio and coming up with more effective strategies because of the big drops. where I can find this coach.

NYCOLE CHRISTINA VANNATA 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.

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 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.

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; I feel they are all the same.

My financial advisor is Lisa Angelique Abel . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio

I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds

That's their plan you finance these Billionaire Parasites for life while they steal yours.

That is poor peoples retirement plan

Gun works faster

My coworker for well over 30 years was set to retire at 55, he was a couple months from retiring. All I heard from him at work was his vision of his early retirement dream. When he visited his retirement home in another state, he had a heart attack and died. So we never know ultimately....reality beats a heavy drum. Taking care of your body is SO important...GET your physicals DONE and stay on TOP of your health....your retirement is related to your healthspan!

I'm confused. He was considering a retirement home and was -- 55?

Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.

Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

Trading under the guidance of an expert is the best strategy for beginners.

That's very true. Besides IRA and 401k, are there other ways we can prepare ahead of time for our retirement? Mine draws nearer by the day and I'm gradually going into panic mode

There's no need to panic. The simplest way is to save more and invest those savings in profitable ventures (you must either be very informed or get the services of a professional so you don't end up losing your savings). I made my first million last year only through something as casual as Stocks and with less than 5 years left to retire, I don't have much to fear. Goodluck!

...Very sound and realistic... You mentioned investing and using pros, if its not a problem. do you mind telling if you used one or recommending a good one? I could definitely use external help right now... I look forward to you replying..

Funny enough, I can honestly relate. Yes, I used one as I literally know next to nothing on the subject. For the professional, I don't know if I am permitted to go into details here, but you should start by looking out for those from reputable brokerages and good track records. Mine is Burroughs Walter Anderson though

@mrmoore, I know this dude. Shared a block at my former workplace. a friend who he worked with always spoke highly of him. i actually didn't understand how because he seemed so easy going

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------IF YOU WANT TO GET YOUR FULL 401K RETIREMENT FUNDS WITHOUT HAVING TO PAY THE TAX INVOLVED YOU SHOULD LOOK AT VCORPINVEST▫COM ON GOOGLE , THAT COMPANY DOESNT FOLLOW THE USUAL RULE AND ARE ABLE TO GET YOU YOUR FUNDS WITHOUT PAYING TAX

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------IF YOU WANT TO GET YOUR FULL 401K RETIREMENT FUNDS WITHOUT HAVING TO PAY THE TAX INVOLVED YOU SHOULD LOOK AT VCORPINVEST▫COM ON GOOGLE , THAT COMPANY DOESNT FOLLOW THE USUAL RULE AND ARE ABLE TO GET YOU YOUR FUNDS WITHOUT PAYING TAX

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------i HAVE PERSONALLY USED A COMPANY CALLED VCORPINVEST▫COM TO WITHDRAW MY 401K RETIREMENT PLAN WITHOUT HAVING TO PAY TAX AND THEN I PULLED IT ALL INTO INVESTING IN THE STOCKS MARKET , ITS BEEN 4 MONTHS AND I ALREADY MADE 235K USD

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------i HAVE PERSONALLY USED A COMPANY CALLED VCORPINVEST▫COM TO WITHDRAW MY 401K RETIREMENT PLAN WITHOUT HAVING TO PAY TAX AND THEN I PULLED IT ALL INTO INVESTING IN THE STOCKS MARKET , ITS BEEN 4 MONTHS AND I ALREADY MADE 235K USD

Yes give me 10k im your cousin btw 😁

This isn't a reality TV show. Pay attention to YOUR life and don't speak for anyone other than yourself.

THANKS FOR TYPING ALL CAPS SO WE COULD READ YOUR REPLY

@@mathieutyler00 -Your comment was completely unnecessary and infantile. Grow up. If he would like to know how some of those interviewed are faring then how is that wrong? That is just the natural progression of human interest stories.

This is from about 10 years ago.,

@@mathieutyler00 WHY YOU CAPS "YOUR"?

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

@@ThomasHeintz wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

Elise Marie Terry is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

@@ThomasHeintz Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

I was just thinking that after I finished watching it. I won’t need my salary at retirement if I’m debt free and have less expenses. Medical expenses can be an issue. I suggest opening up an HSA to help with that. You also want to try and take care of yourself now by eating healthy and exercising.

Debt free is the answer

I think it's hard for a lot of people to learn to live on less when they are in retirement.

This is true, but most people find it hard to cut spending much in retirement. It's hard to go from spending $100k a year down to $50k in retirement, especially considering medical costs.

Correct

American workers are losing ground on retirement readiness and increasing the risk of outliving their assets, we all need to do more to help improve the savings and retirement security. If you're not who understands strategies to invest in the market, seek a Financial advisor to guide you.

A lot of folks downplay the role of AdvisoRs until being burnt by their own emotions. I needed a good boost to help my business stay afloat, hence I researched for certified advisors and came across someone of good repute, helped a lot to grow my reserve so far, from 270k to over 600k notwithstanding the present inflationary factors

I started out with an FA named Heather Lee Larioni. Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my very impressive ROI.

Heather appears to be a true authority in this field. I looked her up on the net cos I really need this, and found her website, went through her profile and I can say she's superb. Dropped a message hoping it gets replied.

@@lucasanderson8993 I am concerned that Heather is a baby eating, devil worshiper what did you find out?

I notice ppl are completely honest, transparencies to absolute strangers! It's like EFF IT nvr gonna see this guy/gal again. I'm bare my soul and then chuck em deuces🤌✌️✌️

That's his way of arguing for a raise.

Repent to Jesus Christ! “The law of the Lord is perfect, refreshing the soul. The statutes of the Lord are trustworthy, making wise the simple.” ‭‭Psalms‬ ‭19:7‬ ‭NIV‬‬ K

Man it’s profound knowledge. Best documentary ever because it directly affects everyone. Wow. Those fees are hurting people bad

@@howard6433 He owns his company.

Robinhood made trading free. While index funds have their place, I think index funds are slowing becoming outdated. The index funds have a lot of dead weight, environmentally disastrous oil companies and other companies of horrible ethical standards. With fractional shares, you can make your own index and pay 0.000% fees.

@@marka5968 Robinhood sells your order flow. You get terrible fill price and they make money off the difference. Robinhood has no advantage over the countless brokers that also offer zero comossion stock/etf trades (assuming you're in the US).

@@sohu86x I'm saying they were the first to offer fee free trading and make every other also do so. They changed the game.

what I learn from this documentary, Save money while young, and find out what a computer leasing agent is.

@@marka5968 Good luck, you'll be like the people in this documentary who'll be looking at 70+ for work.

New York is sure as hell an expensive place to live in. Were you affiliated to Wall Street? Because how could you net such a huge amount?

Oh, no. I didn't know anything about investing until then. It was a friend of mine who introduced to an investment advisor, and my only regret is not having started investing soon.

That's incredible. Is it okay if I ask who you work with? I need some help at the moment, and I have some questions.

The person I work with is *Sharon Louise Count,* and she's been incredible with my portfolio. I have even referred her to some of my friends. You can look her website up.

Thank you for this. Any idea if she manages a joint couple account?

Especially Ms. Marcks!

@@sarge7108 I am confused how that lady has a job. That just tells me to say away from Prudential.

All of it? If you're in your 30s, then yes.

When they say that they've never seen anything supporting outperformance of low fee funds or fiduciary advisors is because they are lying. They'd be fired if they answered honestly on camera.

@@bat21win crook

You were able to pay for your college with cash because it was dirt cheap, then your generation showed your appreciation for your kids and grandkids by running the entire system into the ground and leaving us with the bill.

Nursing education 50 years ago: $150. Cabin 50 years ago: $1200. Nursing degree today: $40,000 +. That Cabin: $1 Million. I don't care what clothes a nurse wears today, they ain't paying for their education with cash, or living in anything besides a tent unless someone sets them up! Be grateful...that you weren't a student and a single parent trying to buy real estate and an education in 2022

You're right!! Everything now is too expensive!!! The times we live in are crazy!!!! I don't know how anyone can manage it!!!

The catch is that one cannot enjoy life the same way when you are in your 20s, 30s, 40s or even 50s. What is the point of barely enjoying life when you hit past 60s. It is cruel.

@@kylebishoph9860 You painted 🎨the FULL picture PERFECTLY. We DEFINITELY live in DIFFERENT times now.

That's the very reason I opted to invest alongside John Desmond Heppolette. Thanks to his expert counsel, he introduced me to a more enriching financial community-a reputable agency that equipped me with priceless knowledge on the inner workings of money and proven strategies for its accumulation. Furthermore, I had the opportunity to tap into free resources like books, courses, and daily lectures. This path also allowed me to expand my network by connecting with new people, ultimately making it one of the most advantageous choices I've ever made.

I can confidently assert that my life has undergone a significant transformation since I crossed paths with John Desmond Heppolette. With his guidance, I've managed to free myself from debt and build a substantial retirement fund. Moreover, I've achieved an income of over six figures, thanks to the opportunities he introduced me to and his invaluable assistance.

I appreciate your advice, and I must say that it was straightforward to locate information about your coach online. I conducted thorough research on him before scheduling our phone call, and his online resume indicates that he possesses a wealth of knowledge and expertise.

Coming across this comment today was exactly the boost I needed. I've been facing financial difficulties for months after my divorce, and I recently came across his outstanding credentials when I looked up his name on Google. It feels like a fortunate turn of events that I stumbled upon this comment section, as it has provided me with valuable information and a sense of comfort.

In case anyone hasn't noticed, this whole chain of comments is a predatory scam of some sort and should be avoided

Lately, I've been contemplating retirement, uncertain whether my 401(k) and IRA will ensure a secure future. I've also invested $800K in the stock market, experiencing fluctuations without substantial gains.

Using a 401(k) or IRA is a valuable strategy for retirement planning, providing potential savings growth and tax advantages. While the stock market is promising, expert guidance is essential for effective portfolio management

Opting for an investment advisor is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 45% since Q2.

Thanks for replying, You seem to know much, How did you go about it and can you recommend an advisor like yours?

You're so right! I'm sharing it with a bunch of friends; i hope they get the message.

take investment advice from JIMI HENDRIX: I know, I know You'll probably scream n' cry That your little world won't let you go But who in your measly little world are trying to prove that You're made out of gold and -a can't be sold

The problem with this video is it is deceiving and is not honest. For instance having $500 k in a 401k does not mean you have $500k. It means you have about 300k. since the government will tax that 35% + brokerage fees. What if AOC and the Omar get their way?? they will tax your 401k 50-60% BEWARE!!!

@@mikeraz594 is that why a Roth IRA is the way to go? Untaxed gains?

Don’t know if it is the right path. The right path is the pension system. Current system u pray n say lots of hail mary that there’s no crisis at the time of ur retirement or close to it. Or ur screwed.

Guranteed, far worse. Especially after the pandemic has wiped out so many businesses and life savings

Rip Dan Roberson at 15:27

I bet the chick with 115k has a half million now. And she was worried.

The update is simple. Young people do not want to invest for 40 years and retire. They want to get rich today. So they take on more risk with unproven ventures like Bitcoin.

The whole premise of this documentary is that 401ks are a “gamble”. It’s horribly incorrect and misleading. Although the index funds part is valuable.

I understand that tomorrow isn't promised to anyone, but investng today is hard for me now because I have no idea of how and where to iinvest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path?

@David cho The advisr I use is Dawn Marie Gatti, she's actually quite known, so you could just search her.

@@drrami757 your handler must be really good, I have seen testimonies of people using the help of inve stment advis0rs in making them more flnancially stable. Is it okay to ask how to get in touch with this Dawn Marie Gatti?

@@laurenlondon848 look her up on the internet with her name. she's quite popular for her services as she was recently featured on bloomberg. She can actually work with anyone irrespective of where you're located.

I just looked up this person out of curiosity, and surprisingly she seems proficient. I thought this was just some overrated BS, I appreciate this.

There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts

Yes, I've used such expert, an investment adviser at that, and she really worked magic on my portfolio, initially I was always in and out of the market, selling at a complete loss but for the past 2years I've been mostly in the green, earning steady profit irrespective of market movement thus gaining over $850k+ in the past 2years

Sweet! how'd you go about getting a proper investment-adviser like that, I've had plans to touch base with one, I'm just not sure how to go about it, I don't mind looking up this one that guides you.

The advisr I use is actually quite known, you might have heard of her, Heather Lee Larioni, she's been featured on several platforms including CNBC and Bloomberg, you can search her name.

I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.

She's lucky, because she's definitely got some of the best funds out there! Broad diversification & low fees. Ramit Sethi's book I Will Teach You to Be Rich and a Europe-focused one called How to Invest in Index Funds in Europe by Mário Nzualo changed my investment journey. I started investing regularly in 2019, and I've got many decades of time to let my nest egg grow.

To utilise the current downturn, I’ll suggest you hire a PRO to create a flexible port-folio that can be updated regularly to reflect changing market conditions.

@Flynn Chasin Thank you for your time. it was easy to find your handler. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

Keep working Pal till it feels right for you ! Don't forget about those unexpected American Health care costs that make One Million feel like peanuts. Thank God I live in Canada.

"I will be retiring in two years and I have a goal of doing that with $1M. How can I ensure this in this hard time?" Start by investing $2M and you will reach your goal in two years.

Move to Mexico you can live like a rich person for the rest of your life with that money

Yep. BUT the woman who blamed workers by saying "Americans started changing jobs more frequently" was wrong. Firms lied saying "Welcome to the family" etc but then got rid of older workers or workers whose wage increased over time. People saw this and returned the disloyalty with disloyalty. That context needed to be followed up on.

@@billytheweasel It’s all an attack on business if not capitalism. We’ll, let’s check on how retirement plans work on Cubans, Venezuelan, Chinese, etc. If anything, it’s about the good old tenet of Personal Responsibility. And if want to talk about government, may I ask how the public system is educating the young financially???? Maybe race theory may include something about that. Hmmmmmm???

@@FARBOLUOS Absolutely. And if there was full information and a more level playing field - it'd be fine. Like arming deer before going deer hunting. Or embargoing Venezuela and then blaming the victims for the collapse of the Bolivar and resultant hyperinflation. By the way, that's going to happen here. Much of the world will like that because we've been arrogant and greedy for a long long time. Enjoy the QE and corporate socialism while it lasts!

@@billytheweasel Thank you for stating the truth!

@@LisaHawkinsHotJava ☮

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

I'm new at this, please how can I reach her?

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

Well with the economy and stocks at where it is now, I'd be disappointed if people weren't making any error on their portfolio at this time, it was much easier to navigate during the bullrun, regardless I still see and read articles of people pulling over $225k by the weeks in trades, how come?

I noticed, a lot of folks are making huge 6figure killings in this downtrend, only just that such technques are mostly successfully executed by folks with indepth mrkt knowledge.

@Dan Brooks Impressive can you share more info?

@Dan Brooks 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.

if you get some side gigs, spend next to nothing & save the max you would have over half a million - compound that & it may almost double - spend the lot & live in poverty for the remainder of your forced unemployment (retirement) - your choice!

wow hey grandad i need lunch money

Humble brag humble brag

It’s not that hard, there is tons of personal finance information on UKposts. And lots of book to learn, most of us spend more time planning our vacation than our finances, where is our priority as a society?

Well said

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------i HAVE PERSONALLY USED A COMPANY CALLED VCORPINVEST▫COM TO WITHDRAW MY 401K RETIREMENT PLAN WITHOUT HAVING TO PAY TAX AND THEN I PULLED IT ALL INTO INVESTING IN THE STOCKS MARKET , ITS BEEN 4 MONTHS AND I ALREADY MADE 235K USD

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------i HAVE PERSONALLY USED A COMPANY CALLED VCORPINVEST▫COM TO WITHDRAW MY 401K RETIREMENT PLAN WITHOUT HAVING TO PAY TAX AND THEN I PULLED IT ALL INTO INVESTING IN THE STOCKS MARKET , ITS BEEN 4 MONTHS AND I ALREADY MADE 235K USD

do you have a family? i guess not as it takes a lot of time to invest in them..

What do you not believe? What is hustling and investing?

you don’t believe in retirement?

consider investment planning, learning from a well experienced advisor is invaluable

@RobertCooper03 That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

@RobertCooper03 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

estate planning and retirement planning is a question best asked with a professional. Not a youtube comment section. Best of luck!

Exactly! I’m one those who lied at 14yrs old saying 16 to get the job!! I’m not lazy My body tells my mind screw you!! 😢😮 PS I ll be 64 next year! What 401K was only in a Short time. Was losing soo much $ I yanked and updated Ac/heat water heater IDK - Single grannie helping Daughter BF and grand baby They dont get it!!

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------IF YOU WANT TO GET YOUR FULL 401K RETIREMENT FUNDS WITHOUT HAVING TO PAY THE TAX INVOLVED YOU SHOULD LOOK AT VCORPINVEST▫COM ON GOOGLE , THAT COMPANY DOESNT FOLLOW THE USUAL RULE AND ARE ABLE TO GET YOU YOUR FUNDS WITHOUT PAYING TAX

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------IF YOU WANT TO GET YOUR FULL 401K RETIREMENT FUNDS WITHOUT HAVING TO PAY THE TAX INVOLVED YOU SHOULD LOOK AT VCORPINVEST▫COM ON GOOGLE , THAT COMPANY DOESNT FOLLOW THE USUAL RULE AND ARE ABLE TO GET YOU YOUR FUNDS WITHOUT PAYING TAX

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------i HAVE PERSONALLY USED A COMPANY CALLED VCORPINVEST▫COM TO WITHDRAW MY 401K RETIREMENT PLAN WITHOUT HAVING TO PAY TAX AND THEN I PULLED IT ALL INTO INVESTING IN THE STOCKS MARKET , ITS BEEN 4 MONTHS AND I ALREADY MADE 235K USD

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------i HAVE PERSONALLY USED A COMPANY CALLED VCORPINVEST▫COM TO WITHDRAW MY 401K RETIREMENT PLAN WITHOUT HAVING TO PAY TAX AND THEN I PULLED IT ALL INTO INVESTING IN THE STOCKS MARKET , ITS BEEN 4 MONTHS AND I ALREADY MADE 235K USD

@@coleman5834 THIS IS A SCAM ^^^

I was just thinking the same thing. I'd like to see an Updated version with all of the corruption in the market that's being exposed lately.

They have a pretty significant documentary coming on November 9 regarding the Pandora Papers.

Same here.

Better start donating

You must really like bad news..

This originally aired in 2013.

Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays

Thanks so much, I just search her on Net I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get

Does Harry Brenda Ava do business in Nigeria? I was wondering since I have a huge lump sum of money that I would like to transfer as an investment opportunity.

Amazing!

Just wait till it goes to zero. POOF gone. If you cant hold it in your hand, YOU DON'T OWN IT

Just make sure you stay away from the leeches of financial industry. Do 80% s&p500, 20% bonds, and keep investing

This video was produced in 2013, and the market has tripled since then.

Yeah they do a good job at asking questions, love the production of these

Whether it was produced on 2013 or yesterday, the facts are still the facts. Fees will kill your returns. I wish they would have gone more into annuities and how their fees make mutual fund fees look like peanuts.

@@Zafia_Ltd oh wow. Annuities for when someone parents passes while they are young or lottery winning ? I realized mutual mutuals are bad in 2021. I have been contributing to my job retirement plan since 2015. I am in mid thirties so I can still recover. Glad, I did after I quit my job in 2018. I had to move my plan to my local bank and it wasn't growing at all as if it was in a savings account.

@@Stoneface_ meaning it’s better now than in 2013 to get a 401K?

Despite the economic downturn,I'm so happy☺️. I have been earning $30,000 returns from my $8,000 investment every 12days.. All thanks to Ms. Lisa Paula Martins

@@Giovannasilva50991 Wow😊I know her and I have also been trading with her, she's such an amazing woman with good skills, keeps me happy all week knowing I earn 15thousand extra income trading with her.

I started trading with LISA earlier last year as a beginner I've been able to scale from 0.7 btc to 8.3 btc, I did get an advisor for supervision and accountability.

This woman right here, I trade with her she's inventive and the signals are no jokes, I was surprised u made mention of her-Her strategy has been helping a lot of traders/newbies out there, with her program i was able to recover my losses from my personal trading.

After I came across the bitcoin trading platform of Ms. Lisa Paula Martins of the USA my financial life has changed...

I am 54 years old and my wife and I are very worried about our future, with gas and food prices rising every day. We have seen our savings dwindle with the cost of living in the stratosphere, it is impossible for us to replace them. We can manage, but we can't move forward. My condolences to everyone retiring in this crisis, all those years of working just to lose it all in a crisis you didn't cause.

@@alexyoung3126 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 investment advisor "Eileen Ruth Sparks" this year for assistance, and following her advice, I poured $150k in passive diversified safe-haven assets and its yielded $325k so far. Nothing special, just proper diversification and a cut loss and take profit strategy.

I think it's especially difficult for retirees and near-retirees, I know to focus on the long term but the anxiety when you're supposed to retire in 3-5 years is exhausting. it is difficult for me to participate in the market right now due to the full-time nature of my job. it will be too stressful to combine so I don't even think about it

I start my first job in 2000. I had $75,000 in my 401k in 2004 and I felt proud. 2009 my 401k went all the way back down to $75,000. Four years wasted. I continued to max my 401k contributions. My 401k took off like a rocket between 2013-2021. Even with the 2022 being down, I have only "lost" half of my 2021 gains. I want to also let the young folks know to keep investing.... don't listen to the media...they are playing with your emotions for attention.

I’d use Jack Bogle’s suggestion(s) if I were new to this.

That is a great thing you’ve done for your kids. They should be teaching this stuff in high school.

Their expenses for edcation should be paid off and then save for retirement.

They are so lucky to have such a smart parent.

NO MY COMMENT SHOULD BE MANDATORY IN SCHOOLS Firstly most of the 'victims' here were greedy-they were trying to obtain ridiculously high returns that could only be offered by cowboys. Next, the real reasons companies stopped paying final salary pensions is because they became fantastically expensive to pay for. That's why so many American companies outsource their jobs-it became far too expensive to pay American workers(and Europeans too) as we insist on retiring from 60 onwards when most people will love till their 80's and 1 in 2 people born today will live to 100. The maths just does not add up. You cannot work for 40 years then expect a pension for 40 years that is inflation linked and tied to your final salary. The public refuse to pay more or retire later-well guess what-the promises that have been paid CANNOT be honoured-there is just not enough money to do that. The BIGGEST reason is that 'public sector' workers are just damn greedy. They expect everyone to pay into a pension plan for them that most people can NEVER hope to get-good luck with that-the public will rise up against it. The public sector is far too big and the salaries are off the scale. Police officers earning over $150k in California, Principles $500k-it's crazy and CANNOT be paid for-we have the same nuttiness here in Blighty too. This documentary wants to push the narrative that the Government is the solution to the Pensions crisis-the Government CAUSED it!! The only way for people to retire comfortably is to keep your savings outside of the banking system-they will confiscate it when the next crisis comes and believe me it's coming. And guess what folks-NO ONE WILL EVER LOOK AFTER YOUR MONEY THEY WAY YOU WILL SO DO IT YOURSELF-TAKE RESPONSIBILITY, SWITCH THE TV OFF, STOP FIXATING ON BS AND START FOCUSSING ON YOUR LIFE!! And Finally-Never trust anyone with your money-WATCH THEM LIKE A HAWK AND THAT INCLUDES FAMILY-EVERYONE LOVES SPENDING OTHER PEOPLES MONEY!!! BUY GOLD AND SILVER-IT'S THE ONLY REAL MONEY!!!!!

It's why our schooling system is a joke. Notice how they do t teach anything that applys to being successful or how to spend and use money. The most important things in life it doesn't teach at all. Instead they give you art class and useless algebra, something you will never use in your life. They system is deliberately designed to keep the poor poor. And special schools for the rich to give a real education. We live in a plutrocracy not a democracy. 2008 80% 9f America was against the bailouts and it was voted no by the house, despite all that it was passed anyway which was illegal becaise the house voted no

So should guidance on buying a home and refinancing.

Will never happen: we all should educate our children: homeschooling financial education

It is up to the parents to educate themselves, and pass that info along to their children. We should never depend on schools to do all of the necessary education in life.

I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income..,.

how do I get in touch with this consultant that assist??,...,..

STEPHANIE KOPP MEEKS,

Thanks for these recommendations.....

I'm really fond of Warren Buffett too! He hired me, paid annual profit sharing, provided a pension, and his HR department was attached to Vanguard too. Saved my life actually.

I would say that the O'Shaughnessy's are unsung heroes as well. In What Works on Wall Street and Millennial Money there's a great argument made that both debunks the random walk theory and shows how reliance on the conventional measures of risk predicated on it hamstrings institutions ability to invest rationally.

Yes he was. Underappreciated by most

Yes, may he forever R.I.P.

The only honest man on Wallstreet!

Imagine if we would have invested into something else 8 years ago. Imagine if we would have switched into apple shares or google or even the bloody crypto. Where are we now? On the hand of the faulty and greedy financial system...

@@dorin.dumitru Something other than what? On average, you're not going to beat the market (and therefore, the market index fund). Looking at how some assets did better is pure hindsight and a path to ruin.

@@dorin.dumitru Crypto may still be the ticket for us financial losers.

Or is this controlled opposition? Kind of how the Left-wing-right-wing-same-bird party scheme works? Back up to the back up?

@@crand20033 - most crypto investments are a complete scam, and all are very volatile (risky). Bitcoin has matured as a way to pay for some things, but all the little new "currencies" cropping up would be a crazy place to put retirement funds. If you're into gambling, you'd probably have a lot more fun playing Blackjack and the craps tables in Las Vegas.

stress does not cause cancer. rethink.

So what‘s yr retirement strategy?

@@tcmelvinlee4804 Low-cost index funds. Specifically, Vanguard Admiral Shares, which has an expense ratio of .04.

@@prometheon123 Thank you I know nothing, I will start researching these . Any advice where to start investing first ?

@@prometheon123 thanks for sharing !

@@prometheon123 I opened a Vanguard acvt back in 2014 with $14k withdraw from a 401k. My last quarterly stmt has it approaching $100k. I also rolled over a subsequent 401k into it. This subsequent 401k was only a few thousand dollars. I am absolutely amazed.

It should be a required class that everyone has to graduate from to pass High School.

Really? Do you work in the financial industry?

I totally agree the United States is in trouble because partly we are financially illiterate

"Complex topics"? LOL. Wall Street manipulated legislation so it could steal from working Americans. As it always does.

Agree!

america is not updated

what corruption?

🤤. Hey. Wake up already.

In the current case, a significant portion of the inflation is caused by supply chain disruptions. To reduce current inflation the government should be using tax incentives to compensate consumers for delaying their purchase of homes and other high priced items until next year and the following years, when the supply chains should be more stable, and our productive capacity will be restored. This would allow people to save more money, while demand is reduced, instead of the Fed taking away their money to reduce demand.

It is honestly getting out of hand. Worse is our government pretends like they don't see it. I for one has been hit very hard and at this point, I am more interested in a solution because I don't think an end is near. What is the way forward for the less fortunate ones like me? How do we survive this phase? I am slowly losing my mind.

Practical steps: Vote wisely, Spend only on necessities, Pay attention to your health, Try to spread your assets (locally and internationally) and while at it, always make correct inquiries so you don't throw your money in the wind or better still, get the services of a pro (that way, you give little room for error). Made my first million earlier this year this way and can comfortably wait out this "phase".. Good luck!

@@jinajung1943 You speak briefly about hiring the services of a Pro, If you don't mind, How can i reach this Advisor? As my portfolios are in terrible state.

Plus there are cycles, what’s hot one day (like tech) will be cold tomorrow (and eventually a buying opportunity again).

Just work till you can't and when run out of savings I am going to take my own life. Is the only way. Or lucky enough i got my own place going to sell it when I can't work and move to the a cheap country and live off my savings.

@@michaelyun2407 If you have a US passport- look at other countries. There are places where you can retire and live like a king for 100K-150K.

You're at the perfect age where you should be doing some serious investing.

Perfect age to run away

Soooo much truth

100%... I get so annoyed at those bank commercials which pretend to care about your financial future

Roger that.

Make sure you get a Fiduciary advisor so they work in your best interest by law.

@@MrBrewman95 doesn't mean that much. Like going to a Toyota dealership and assuming they will be in your best interest legally, when all they know or sell is Toyotas.

Bingo. You hit the nail in the head.

Of course, the less monthly expenditure, the better. But if you own a house, you still have to pay property taxes and insurance, which can be significant. So, best to downsize, to keep those costs down. And, in reality, if your mortgage rate is lower than the rate you are getting from your investments, you’re better off keeping the money invested, rather than using it to pay off your mortgage. Then you pocket the difference.

@@gj6792 If you own your house there is a lot of risk you mitigate by not having that cash in investments. If you are smart enough also to own after downsizing and even moving to a non tax State you SS should be ample to pay for any house maintenance and property taxes. Again you need to have a baseline in retirement and owning your place of residence is a great baseline.

100%

My mortgage was paid off before I retired only bills I have are my utilities house and car insurance real estate taxes since I have the senior freeze my taxes are very affordable I made sure I had a new roof on my house central air and furnace all paid for with cash. I am able to live on just my social security without having to take any money out of my 401k or Roth IRA

This is goals! I’m looking at making some passive income with investment from stocks , do you mind telling who your financial adviser / broker is?

Our Financial advisor is “ Donna Jean Boyette“. She is a professional financial/Investment advisor. you can search her up on the internet where you can get necessary info about her and as well to connect with her.

5.7 million… you may want to get out now

@Christian jenni If you have a job, open a ROTH IRA and contribute at minimum 10% of your income( it's best to automate this). Invest in an S&P 500 index fund, $VOO is a great one.

why

Exactly. Index funds are the best.

Did you do well? I’ve been thinking of the Dreyfus Index Fund or another fund but I’m 60 years old so I am not sure.

@@jessicalt4121 Yes I did. Results were slow, measured and continuous and I was able to retire at 63.

@@jessicalt4121 The market is likely to crash in the near future after a long run-up. At 60, you don't have much time to recover from a 20-50% loss.