The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for. It's especially difficult for people who are retired.
@AdamWright8fool3 ай бұрын
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.
@RhysHuntoffice3 ай бұрын
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.
@ronniewilliams-g2223 ай бұрын
This is great! think your advisor would get on the phone with an unknown? i'm in dire need of proper portfolio allocation
@RhysHuntoffice3 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Leah Foster Alderman for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@ronniewilliams-g2223 ай бұрын
Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start the year on a woodnote financially.
@chinyerejoseph80043 ай бұрын
Thanks for keeping us buds, I got a 150K mortgage, bought 75k worth of Brett with it. from profit of 10k capital.. .......
@4lovehenry3 ай бұрын
Hello, how do you make such amount? I'm a born christian but sometimes I feel so down of myself because of low finance but I still believe in God.
@LucyVade3 ай бұрын
im sure you invest in crypto because it makes huge and big profit
@WilliamAMilley3 ай бұрын
Most people don't understand the concept of "buying the dip" buying the dip is all about buying digital assets when their prices are down and selling off when the price rises.
@chinyerejoseph80043 ай бұрын
Sincerely speaking. I will continue to trade and stick to expert catherine daily signals and guides as long as it works well for me.
@FrankBenjamin-l3b3 ай бұрын
Mrs Catherine adriana was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from adriana catherine
@Charlotte-ew6sw3 ай бұрын
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
@SirManselus3 ай бұрын
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
@Sophia-bt2uh3 ай бұрын
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
@ramosace3 ай бұрын
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@Sophia-bt2uh3 ай бұрын
My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@ramosace3 ай бұрын
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.
@on2thenextthing3 ай бұрын
If they taught finance from a young age, this would never happen. Ask yourself why they don't.
@pgppe94883 ай бұрын
The internet has made financial literacy easy for everyone but we have to show some interest in the subject matter
@stefanossmitty33183 ай бұрын
They teach geography in school and these kids can barely pick out 2 countries on a map. People walk around with computers in their pockets now. Anyone who doesn’t know don’t want to know. 🤷🏾♂️
@superblondeDotOrg3 ай бұрын
teachers are horrible at business and math in general and that includes finance.
@superstar51233 ай бұрын
you can teach yourself about finances. stop demanding the government do this and that, you are free to educate yourself
@lovelife73433 ай бұрын
They do teach finances in schools. 7th grade on up. They also teach tax preparation. They have been teaching this stuff for over 40 years.
@superblondeDotOrg3 ай бұрын
00:10 You're supposed to have at least 8x annual INCOME saved? Where did that rule come from?
@nooneinparticular6014Ай бұрын
I know, right? Who is making 8x their worth? Is this like investing in a 401k at the age of 15 or basically saving from the womb? Who is making this stuff up?
@paulbo90333 ай бұрын
Private pensions is theft. I work in the pension industry, the politicians and lobbyists who privatised pensions understood the behaviour of the avg joe and new it would result in this disaster. Personally i am doing very well as an individual, but as a patriot who wants the best outcome for my fellow countrymen, we should do what they do in other countries and just get state pension funds under public ownership (We The People) to manage pensions. Absolutely nobody needs to hit retirement and have such a low pension.
@WholeMindsetMastery3 ай бұрын
I'm glad to see the younger generation starting early, at 18. If you are not in the position to save or are not thinking about it, you need to. Here are real-world facts from a working class who spent 12 years as a production hourly employee, two years as a software engineer, and 12 years in a leadership role. In 1998, as a production employee, my top pay was $17.50. Gas was $.99 per gallon. Milk was $1 per gallon. Rent was around $725 per month. A ranch-style house with four beds and two baths was around $125,000. Fast forward to today. Hourly production pay ranges between $18 - $25. Gas has been hovering around $3.80 per gallon. Milk has been around $2.99 per gallon. Rent is a whopping $1,250 per month!!! The same style home is around $285,000. The cost of life necessities has doubled or tripled in 26 years, but pay has been lagging. These are facts in West Michigan. Financial literacy is critical. You cannot outearn or outsave inflation! It is not how much money you make; it's how much you keep. The gap between income and expense can be employed to work for your future self. Money making money is much more efficient than you and I can. Creating the gap is not easy, but it is achievable with the proper education and mindset. I am 46, which makes me a Gen Xer. I'm blessed and fortunate to have turned the corner from a consumer mindset to a wealth-building mindset. But the gaps between the haves and have-nots continue to widen. The pay structure, government policies, and rising cost of living are outside my control, but I dedicate my time to inform and inspire people to achieve true freedom. If you are in a position to help those less fortunate than you, please do. Knowledge is power, and knowledge should be free.
@Tonymanero19603 ай бұрын
Well,....I am 64 with almost 1 million saved for retirement.,.......so I sleep very well.
@keeweeow6243 ай бұрын
Okay but the video is talking about the average 55 year old
@robertbrown10213 ай бұрын
Give me 450K and we both will sleep well.
@davidbrooks88093 ай бұрын
@@keeweeow624 so what's your point
@milleniallgt97153 ай бұрын
Awesome you’re in the 1%!
@SLB_8883 ай бұрын
Or instead of waiting until age 70 you can take SS now and invest it. Why wait when the SS Administration states on their website benefits will drop by 70% in ten years.
@charletfoster89173 ай бұрын
Financial education needs to be taught in schools
@stefanossmitty33183 ай бұрын
It is. No one pays attention to. Geography is taught in schools and these kids barely know the 2 countries that border the US.
@superstar51233 ай бұрын
you are free to learn about finances
@tahirisaid269323 күн бұрын
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
@YadaniL-g8k23 күн бұрын
keep contributing to your 401K, remember you are in for the long haul, but I'd suggest you consider financial advisory
@economicfusion60653 ай бұрын
This lady is wrong. Take SS at 62 earliest you can. Youll be receiving money for 8 years longer. Even if it is less you can still invest and make more
@dantheman66073 ай бұрын
It’s not the same for everyone, I have a pension and will wait thank you
@economicfusion60653 ай бұрын
@dantheman6607 id still take it at 62. Ill make more than someone who takes it at 67 or later
@jhnplsn3 ай бұрын
What kind of bail out do we get? HAHAHAHA
@OurRetireEarlyJourney3 ай бұрын
Consumerism at its finest! Everyone living beyond their means…
@pgppe94883 ай бұрын
People in the age range of 18-22 are not really investing just throwing a few dollars at penny stocks because of the get rich mantra created on the internet.
@dantheman66073 ай бұрын
50k omg 😢 that’s nothing. Hope they have a pension like me
@HairyPinkTroll3 ай бұрын
0:56 this will really blow your mind… who pays for convalescence living? Do you know how much it costs?
@jan_darysh3 ай бұрын
The number of people starting in their early 20s is also increasing. This is a fact. The problem is that if you don't borrow money, you don't have money.
@Seanpfree3 ай бұрын
Retirement is a thing of the past, especially for millennials and gen Z. First-time home ownership is OVER in the US for middle and lower class. The only people that can afford future luxuries (like a home and retirement) are people with family that are able to help them financially.
@terrie0013 ай бұрын
Lol 55k is less than one year annual income. What are these old people doing when they were younger? Spend every single penny. Lolll
@MrMoraltv3 ай бұрын
How much you got
@weho_brian3 ай бұрын
ever wonder what happened to those young cool kids that spent all their times partying and going out?
@junzhang20873 ай бұрын
having fun
@davidbrooks88093 ай бұрын
Yes😂
@bizdrone3 ай бұрын
@@SaltwaterRebellionThings went to crap under GW Bush in December 2007. Look it up.
@stonersgym81203 ай бұрын
Work for as long as you can. Hold off on SS as long as possible. How very encouraging. If you manage to croak at the average age in the US, you'll have about 3 to 7 years to reap the benefits of your sacrifices
@sirfriendzone12283 ай бұрын
I resemble that remark... 😐
@weho_brian3 ай бұрын
No pity for these folks. If you just saved $200 per month for 30 years and grew it at 10% per year (100 year historical avg for the S&P) then you would have at least $437,754
@SaltwaterRebellion3 ай бұрын
What do they do when it gets wiped out in a recession?