The Most Dangerous Assumptions in Retirement Planning

  Рет қаралды 3,365

Wise Money Show

Wise Money Show

Күн бұрын

Пікірлер: 19
@nicolasbenson009
@nicolasbenson009 10 ай бұрын
You have some fantastic content on your channel. At 53 years old, my wife and I achieved a net worth of $1 million back in 2017. Fast forward five years, and it has grown to $2.4 million. Despite our combined annual salary of just over $100,000, we have adopted a frugal lifestyle. We continue to drive older cars, prepare meals at home, and make use of leftovers. Additionally, we have two children currently in college. Fortunately, we had saved for their college expenses, and they are contributing by working part-time. As a result, they will graduate without any student debt.
@hersdera
@hersdera 10 ай бұрын
Indeed, that's accurate. I began investing around 2018, and by late 2021, I realized a profit of over $750,000 despite lacking any prior investing knowledge or skill. Essentially, I was simply adhering to the guidelines provided by my financial advisor. This demonstrates that being a flawless investor or putting in extensive effort isn't a necessity; having a professional who guides and mentors you can make a significant difference.
@hersdera
@hersdera 10 ай бұрын
We must consider safer investments with promising returns in order to plan for the future. If you approach investing with a five-year perspective and simply DCA whenever you receive a check. Under the direction of my investment advisor, Margaret Johnson Arndt", whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2022.
@Deitricklaverne
@Deitricklaverne 10 ай бұрын
No doubt being financially free and not having to worry much about health care and other expenses cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
@bernardsegouin6773
@bernardsegouin6773 10 ай бұрын
Yeas Investors should also exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@valeriejeanmathis874
@valeriejeanmathis874 10 ай бұрын
in my case CHRIS RYAN STEWART has assisted me in doing that effectively, I'm not an expert so I lack experience in investment strategies, I work and my consultant handles the rest.
@valeriejeanmathis874
@valeriejeanmathis874 10 ай бұрын
Chris Ryan Stewart is the CFP responsible for my portfolio success, the man has a private client base you can confirm him yourself on the internet, regulation an all.
@gregorridavichko
@gregorridavichko 10 ай бұрын
Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,
@gregorridavichko
@gregorridavichko 10 ай бұрын
I just googled the man you mentioned, I am quite impressed with his credentials, will get in touch because I need all the help I can get, and consequently schedule a phone call. Thanks.
@stevemccord6927
@stevemccord6927 2 ай бұрын
Inheritance can be nice or passed along as generational wealth.
@Ellis1127
@Ellis1127 10 ай бұрын
Good content today! 👏👏👏👏
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