@TinaJames222
I think the people that should be worried are those of us who are retiring with less than a million. I have only 650k in my Roth and I don't know how to grow it.
@Adam-dm8wg
That $10k/month target at 60 is the dream – but with $1.5M, the math gets scary fast. After taxes and inflation, that withdrawal rate pushes 9-10% annually. Historically risky territory.
@Donalddavies-gc9rb
This hit so close to home. I'm 61, sitting on just about $1.6M in retirement accounts and still constantly second-guessing every single vacation booking or even minor home improvement. That part about “every purchase coming with anxiety” is exactly how I feel. It’s wild how you can do “everything right” and still be scared of running out of money. Financial freedom is a lot more psychological than I expected.
@StephanieSwann-o2u
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!..
@Patriciabanks5
Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.
@mattlaeff724
Here is the deal: I don't have a car. I don't have cable or any streaming services or subscriptions. I never eat out -- breakfast, lunch, or dinner. I don't drink anything but water --- ever. I don't gamble, smoke, or do any drugs. I don't go on vacations. No coffee or booze, as noted earlier. I don't use the internet to buy anything -- ever. Practice this and you can easily live off of about 20k a year. Practice this, and truly retire early or retire stress free. What I do: Library, outdoor exploring/hiking, Reading, Exercise, Cook, Love.
@GraceHarris305
As an investing enthusiast, I'm curious about the strategies top investors use to build their wealth. With $545K in equity from a recent home sale, I'm uncertain about the best next step - should I invest in stocks now or wait for a more opportune moment?
@RetirementTravelers
Great job, as usual! Obviously the reason we use you! John & Bev
@julieg.5718
I’ve watched 15-20 of your videos, which are all helpful—but because you showed us more specifics today on how you take 401k funds upon retirement and set up those buckets—that was SUPER helpful to my understanding!! Thanks!
@PerdueJohnsaenz
Great video, still relevant! My portfolio is down 20% ($230k) with a year until retirement. Thinking of selling at a loss and moving into high-growth stocks to recover. What would you do?
@kevin_Brown20
Retired early myself 4 years ago at 54. My advice is track your expenses at least a year before retirement to know what you need. We were tracking everything for years so we knew what we would need. Now add 10% to that number at least for a few years. Everyone ends up spending more than they planned on the first few years usually because they did extra travelling or home improvements. Be prepared to be scared the first year about your spending. It doesn't matter how financially prepared you are. Switching from being a saver to a spender is like jumping into a cold lake. It's going to take a bit of time to catch your breath after the leap.
@Raymondjohn2
Am 58 retiring next year but the thought of retirement gives me weakness. 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 never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
@Reed8107
Amazing video and very informative. It was easier for me to get rich when i learnt the modus operandi of diversification investment portfolio. Spreading my investments across different asset classes to manage risk. I focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks and bonds. Used the value strategy to seek out undervalued assets for potential long-term gains. Worked like a magic!
@Avo7bProject
This is the first analysis I've seen that shows how much improvement comes from downsizing. Maybe some clients don't want to hear this - they feel very attached to their home, or don't want the hassle of digging though all their stuff and moving. But sometimes ya gotta make tradeoffs to accomplish goals.
@JessicaHudson-l5f
I remember sitting around a campfire telling my friends to invest in crypto n stock and them all laughing at me saying how much of a waste of money that is. I appreciate Jasmine Harvey, imagine investing $2k and receiving $7k in 4days.
@BrandonEagan2
Anyone can retire whenever they wish to with a million dollars. Am 37 and am retired. I am worth $3.2m and I was able to do that by investment in stocks, ETFs and crypto. You too can become a millionaire and retire early as well. You just have to invest smart and watch your life change for good
@user-jjjjjjkkkff4567t
Stocks have gone from deeply oversold to overbought in record time. I'm 100% cash and concerned if this is a good time to buy stocks.
@littlejohnjp
Great video, Julia. Thank you for making this so much easier to understand. It takes away the panicky, sleepless nights when it’s made easier to understand.
@markg996
Love your videos. They are the best on the internet
@Deborahmorabita