Reasons You May Need to Retire Early

  Рет қаралды 875

Wise Money Show

Wise Money Show

Күн бұрын

Пікірлер: 5
@davidteitelman3890
@davidteitelman3890 3 күн бұрын
That was a pretty good coverage on extenuating circomstances. I just turned 62 last December. So I could just start collecting SSI & sit back & watch the sun rise & set every day. But I'd be living at a poverty level, & this fully paid for dump (built in 1950) that I live in has a slew of issues ... that would be a waist of money to get fixed & improved. So I'd encure too much incidenttal expenses to take the lazy route by retiring now ! The octain I'm looking to add to my retirement under Trump is a crypto wallet & crypto IRA. As for both my current traditional & Roth IRA's, I have an AI position in APLD @ $8/share If things go right, I'll find a low cost country with good healthcare to retire in ! 😉👍
@Steve56-w9r
@Steve56-w9r 5 күн бұрын
And if you are forced to retire early for health issues, odds are you'll actually need more money than if you were healthy. For example, we're looking to having to add an elevator to keep access to our upstairs floor and to get into the house from the garage.
@davidteitelman3890
@davidteitelman3890 3 күн бұрын
Sell & buy a one story home/occupancy !
@Steve56-w9r
@Steve56-w9r 3 күн бұрын
@davidteitelman3890 while that is an option, you pay so much in realtor fees, closing costs, moving costs, higher interest rates, etc, not to mention that they don't build many one story homes any more, it isn't that much more to do the elevator.
@donnymac575
@donnymac575 5 күн бұрын
How about I just want to do something else?
Making Financial Progress When It Doesn't Feel Like It
9:42
Wise Money Show
Рет қаралды 452
Why Roth Conversions Can Make Sense Later in Retirement
8:05
Wise Money Show
Рет қаралды 1,4 М.
Don’t Choose The Wrong Box 😱
00:41
Topper Guild
Рет қаралды 62 МЛН
Retire NOW If You Answer "YES" to All 6 Questions
6:28
How To Retire
Рет қаралды 1 МЛН
Why You Don’t Need $2M To Retire Early (Monte Carlo Analysis)
12:57
Ari Taublieb, CFP®
Рет қаралды 11 М.
5 Times Not to Do a Roth Conversion
47:23
Wise Money Show
Рет қаралды 12 М.
How Much Is Enough To Retire Comfortably (updated for 2024)
12:04
MeaningfulMoney
Рет қаралды 455 М.
3 Financial Areas to Focus On if Retiring in 2025
46:59
Wise Money Show
Рет қаралды 1,7 М.
Average Retirement Savings at Age 60 | Are You Ahead or Behind?
12:17
Holy Schmidt!
Рет қаралды 385 М.
5 Signs You’re Over-Saving for Retirement
13:32
Humphrey Yang
Рет қаралды 221 М.
How to Financially Prepare for Having a Baby
47:51
Wise Money Show
Рет қаралды 351
Why It Makes COMPLETE Sense To Claim Social Security At 62
15:58
Peak Financial Planning
Рет қаралды 83 М.
This Is The Only Withdrawal Strategy That Applies To An Early Retirement
18:14
Ari Taublieb, CFP®
Рет қаралды 105 М.