I retired with $600k saved, and looking back, 1 realize I could've done things differently. Not saving enough, plus the impact of inflation and sequence of returns risk, makes me worry about outliving my savings, and it's not something I can easily ignore. Not saying it's the only way to go, but its something I think about
I'm approaching retirement and having a financial advisor has been helpful. I started investing later than most, so relying on compound interest from index funds or bonds alone wasn't enough for me. Despite that, l've managed to do well and am on track to retire with around $5 million
Yeah, always good to plan for retirement when young. We all think we don't have to worry about it until later but the fact is, the earlier you learn about financial literacy the better you can plan for it. With amount of savings, you could probably try different side projects to generate some extra income to stash more cash.
Congratulations! Saving and investing $5m by retirement is my financial goal. Since I started young, I have a lot more options to get there. Financial advisor might be something I will look at later in life but mainly to figure out how to pay my fair share of taxes without overpaying. The tax code is written for business owners, the more savvy you are, the more you can save. That's the part that is more complex to me. Maybe even need an estate lawyer if you are in the millions range already to ensure I am building and passing generational wealth.
Congratulations! Saving and investing $5m by retirement is my financial goal. Since I started young, I have a lot more options to get there. Financial advisor might be something I will look at later in life but mainly to figure out how to pay my fair share of taxes without overpaying. The tax code is written for business owners, the more savvy you are, the more you can save. That's the part that is more complex to me. Maybe even need an estate lawyer if you are in the millions range already to ensure I am building and passing generational wealth.
Congratulations! Saving and investing $5m by retirement is my financial goal. Since I started young, I have a lot more options to get there. Financial advisor might be something I will look at later in life but mainly to figure out how to pay my fair share of taxes without overpaying. The tax code is written for business owners, the more savvy you are, the more you can save. That's the part that is more complex to me. Maybe even need an estate lawyer if you are in the millions range already to ensure I am building and passing generational wealth
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I Lost about $7,000 in a particular trade. Can you help me out or at least advise me.
I will advise you stop trading on your own if you keep Losing. And i don't trade on my own anymore, I always required help and assistance from Marion Trimble
Great session overall, and kudos to the team for bringing in some insightful discussions ! However, I feel some of the comments / remarks on age, health, personal earnings could have been avoided totally or framed a bit more tactfully. All in all, enjoyed it thoroughly. Keep up the good work !
Thanks for the breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
I retired with $600k saved, and looking back, 1 realize I could've done things differently. Not saving enough, plus the impact of inflation and sequence of returns risk, makes me worry about outliving my savings, and it's not something I can easily ignore. Not saying it's the only way to go, but its something I think about
I'm approaching retirement and having a financial advisor has been helpful. I started investing later than most, so relying on compound interest from index funds or bonds alone wasn't enough for me. Despite that, l've managed to do well and am on track to retire with around $5 million
Yeah, always good to plan for retirement when young. We all think we don't have to worry about it until later but the fact is, the earlier you learn about financial literacy the better you can plan for it. With amount of savings, you could probably try different side projects to generate some extra income to stash more cash.
Congratulations! Saving and investing $5m by retirement is my financial goal. Since I started young, I have a lot more options to get there. Financial advisor might be something I will look at later in life but mainly to figure out how to pay my fair share of taxes without overpaying. The tax code is written for business owners, the more savvy you are, the more you can save. That's the part that is more complex to me. Maybe even need an estate lawyer if you are in the millions range already to ensure I am building and passing generational wealth.
Congratulations! Saving and investing $5m by retirement is my financial goal. Since I started young, I have a lot more options to get there. Financial advisor might be something I will look at later in life but mainly to figure out how to pay my fair share of taxes without overpaying. The tax code is written for business owners, the more savvy you are, the more you can save. That's the part that is more complex to me. Maybe even need an estate lawyer if you are in the millions range already to ensure I am building and passing generational wealth.
Congratulations! Saving and investing $5m by retirement is my financial goal. Since I started young, I have a lot more options to get there. Financial advisor might be something I will look at later in life but mainly to figure out how to pay my fair share of taxes without overpaying. The tax code is written for business owners, the more savvy you are, the more you can save. That's the part that is more complex to me. Maybe even need an estate lawyer if you are in the millions range already to ensure I am building and passing generational wealth
I'm favoured $45k every 7 weeks! I now have a good house and can afford anything and also support my family
How please
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I Lost about $7,000 in a particular trade. Can
you help me out or at least advise me.
I will advise you stop trading on your own if you keep Losing. And i don't trade on my own anymore, I always required help and assistance from Marion Trimble
She's my family personal Broker and also a Broker to many families here in the United states, she is a Licensed Broker.
Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!!
Thanks for sharing this quality conversation. I am more clear now.
Great session overall, and kudos to the team for bringing in some insightful discussions ! However, I feel some of the comments / remarks on age, health, personal earnings could have been avoided totally or framed a bit more tactfully. All in all, enjoyed it thoroughly. Keep up the good work !
Thanks for the breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Am skeptical about fixed income at over 12% interest rate😮
Host was horrible.
Why ? - he should focus on speaking clearly
All bot comments?? 😮
Who made him a host? He can't even speak properly, let alone having deep knowledge about the subject..