8 “Near Retirement” Mistakes That Can Be Devastating

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 42

  • @Timetoplay20
    @Timetoplay20 37 хвилин тому

    Azul’s advice test driving your spending and having a few years of expense to see how stuff pops up so you get a feel. Good luck!

  • @planner722
    @planner722 2 години тому +1

    One thing I haven’t heard any advisors talk about: planning for children’s college. I’m 49 with 3 kids that will be in college for the next 7-8 years. So I am avoiding saving into a traditional savings or brokerage fund because it shows as assets that diminishes the financial aid. Whereas 401’s and IRA’s do not. Once I am past that I plan to switch gears and hammer the brokerage account along with savings. Thoughts?

  • @babachioara6991
    @babachioara6991 2 години тому

    They didn't have a cancer diagnosis, they hadn't have a heart attack yet. How encouraging. :) I love this channel!!!

  • @babachioara6991
    @babachioara6991 3 години тому

    Dude, nothing is tide into our job but money. I have 1 million passions that I will never have time to fulfill. For instance to read Freud's 10 or 12 volumes. That task is IMMENSE!

  • @raymond-i2v
    @raymond-i2v 3 хвилини тому +3

    Recently, I've been pondering retirement. I've also invested $800K on S&P 500 so i could secure my financial future. i need an approach to invest in Stocks like Nvidia stocks and of course AI stocks that will align with my risk tolerance and financial goals but it seem to be bearish right now.

    • @Jordan8568-l4u
      @Jordan8568-l4u 2 хвилини тому

      While the market is promising, expert guidance is essential for effective portfolio management.

    • @Jeffery-f2e
      @Jeffery-f2e 31 секунда тому

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

  • @babachioara6991
    @babachioara6991 3 години тому

    Hi Azul! It's something telepathic between us, I'm telling ya. Today I was thinking of the same thing.

  • @miked5357
    @miked5357 4 години тому +4

    Live like you were dying! 🎉🎉🎉

    • @chuck_in_socal
      @chuck_in_socal 3 години тому +1

      Your kids will love it!

    • @tofuhunter3797
      @tofuhunter3797 3 години тому +1

      Live like you're dying, but save as if you're not.

  • @babachioara6991
    @babachioara6991 2 години тому

    I thought that you will come up with some ideas on how we can spend less. Aside of that, a financial advisor is completely out of the question in my country. We don't have such things here. We learn arithmetic in school. :)

  • @RetirementFiguresdotcom
    @RetirementFiguresdotcom 5 годин тому

    Know your numbers and create a solid plan.

  • @MidlifeCrisisManagement
    @MidlifeCrisisManagement Годину тому

    Azul ending the video just in time before the train rolls by 😂

  • @HerederoBaggins
    @HerederoBaggins Годину тому +10

    September 2018 rocked my family with the
    hurricane Florence. To lives and properties
    displaced we gave $45k. We also gave in 2020
    COVID year. The "Treasure Principle" by Randy
    Alcorn helped my giving reason why getting $105k
    in two months is just evident of God's blessings on
    my household. God never faltered on his written and
    spoken promises over my family.. All thanks to Mrs Kathy Lien

    • @Jeffersonville7653
      @Jeffersonville7653 46 хвилин тому

      But then, what do you do? How do you come
      about that in that period?

    • @Shagonmimi
      @Shagonmimi 41 хвилина тому

      Its all big thanks to Mrs Kathy Lien

    • @NyokaSemaine
      @NyokaSemaine 32 хвилини тому

      Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!

    • @LeungPaso
      @LeungPaso 29 хвилин тому

      I thought myself and my family were the only
      ones enjoving Mrs Kathy Lien trade benefits

    • @LeungPaso
      @LeungPaso 29 хвилин тому

      I remember giving her my first savings $20000
      and she opened a brokerage account for me it
      turned out to be the best thing that ever

  • @Clarkssman
    @Clarkssman Годину тому

    The new administration will have the votes this time to get rid of the ACA which in on their agenda. Looking towards the ACA isn't good advise.

    • @mikesurel5040
      @mikesurel5040 4 хвилини тому

      Doing that without a good replacement plan in place will make the midterm elections "interesting".

  • @reynoldslacybrleroymeuschke
    @reynoldslacybrleroymeuschke Годину тому +2

    !!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated..

    • @FederickLeo
      @FederickLeo Годину тому

      As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @BensonTati
      @BensonTati Годину тому

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @FederickLeo
      @FederickLeo Годину тому

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $200k passively by just
      investing through an advisor, and I don't have
      to do much work.. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @BensonTati
      @BensonTati Годину тому

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

    • @reynoldslacybrleroymeuschke
      @reynoldslacybrleroymeuschke Годину тому

      how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?