I completely understand. Ensuring financial security in retirement is crucial. Have you considered consulting a financial advisor?

That's a very good suggestion. I have been in contact with a CFA that specializes in retirement planning. His expertise can help optimize your savings and investments.

I have been advised on that. Finding one who understands what I want and can work with me to achieve it is very important to me. Do you have any recommendations?

My CFA, JOSEPH NICK CAHILL, is a renowned figure in his line of work. I recommend researching his credentials further. I recommend him to you because I've been where you are and understand your need for an open ear

I searched for his full name online, found his page, and sent an email to schedule a meeting. Hopefully, he responds soon. Thank you

I guarantee you didn’t

@ You have my tax statements? My CPA would beg to differ?

As an independent CFP I can help you. Would you like a 30 minute zoom meeting with me. I offer the first meeting complimentary for my KZbin subscribers.

I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks..

@@LiviaDeantyG Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.

@@SuoncyCharlotte Oh please I’d love that. Thanks!

@@LiviaDeantyG *MARGARET MOLLI ALVEY*

Lookup with her name on the webpage.

I only contribute 5% to get full company match, that’s it. The 401K plan is designed for you to work until you are about dead. Also, the government does not have their hands on it yet either.

My wife and I live off of our 401K. We don't work. I recommend highly to everyone to build your 401K or Roth IRA's as an alternate revenue stream in retirement to your Social Security. An observation on 401K's is when it gets over 300K it starts to accelerate. When you get over 500K it can really accelerate as the stock market grows.

If I may ask, as in withdrew all of the money from the 401K and IRA programs? If so, what was your strategy behind that decision? Thank you.

I've stuck with ‘’Julianne Iwersen Niemann” for about 9 years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

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

I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.

@@LiamOlivia-4 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. MARGARET MOLLI ALVEY, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.

@@EmilyEvelyn-90 Oh please I’d love that. Thanks!

@@LiamOlivia-4 MARGARET MOLLI ALVEY.

Lookup with her name on the webpage.

No greater truth has ever been told then what you just said and if you’re living. And if you are struggling to live on retirement, a whopping 2% is in the making. It should be in the neighborhood of 10%. I noted several items in the grocery store today that during this tough period they have increased a full 100% and that’s just groceries that does not begin to count the insurances. We have to have like on our vehicles houses every time we buy hamburger property taxes, and on and on and on, another word on groceries just today I spent twice what I would spend before all this mess started and it’s not because of what I bought or the quantity. And look at real estate - - I have followed this pretty closely over the past few months and even for a house, that is a little more than a shack they the realtors and the sellers want 200,000 up, way up. For a modest nicer home it can be 3 to 500,000 and of course the local government takes advantage of this because your properties worth more they get more taxes, all of it L stinko through and through

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

@@johnawara9719 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

@@TonysBowlesas My advisor is MARGARET MOLLI ALVEY;

You can look her up online

@@johnawara9719 The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?