I watched both parts of this interview with Ms. Benz. I have followed Ms. Consuelo from her days on WallStreet Week and Ms. Benz for at least a decade. I loved both parts of the interview for the most common sense explanation of 6 points that are critical in planning and managing the retirement. Thanks to both.
I worked for an electric utility - seemed secure. One day they told 124 of us it was nice knowing us here is a package. I was 55 years old. I did find work pretty quickly and worked 9 more years.
Nothing's certain in life. On may 15, 2024 HardRock resorts management had a town hall meeting for the Mirage/Hard Rock resort employees. Hard Rock management gave the news to 3,300 employees that they are closing the Mirage Resort for 3 years for construction of a new tower and renovation of the existing tower and casino. All employees will be laid off. Mirage resort closes down on July 17th, 2024. Just two months notice of closure. Hard Rock reopens during spring of 2027. That's why having an emergency fund is crucial for this modern life. I am one of these 3,300 employees. Hope for the best, but prepare for the worst.
Great information. I tend to agree with Christine's comments of having an annuity to supplement social security benefits, because social security is also an annuity. Also being diversified with other investments like bond mutual funds, money market funds, and stock mutual funds helps in retirement.
For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things for future purpose.
The only way retirement money can last is to save as much as you can and move away to a less expensive location, maybe overseas. This is the new American dream.
Christine is a gem. Great interview Consuelo.
I watched both parts of this interview with Ms. Benz. I have followed Ms. Consuelo from her days on WallStreet Week and Ms. Benz for at least a decade. I loved both parts of the interview for the most common sense explanation of 6 points that are critical in planning and managing the retirement. Thanks to both.
I worked for an electric utility - seemed secure. One day they told 124 of us it was nice knowing us here is a package. I was 55 years old. I did find work pretty quickly and worked 9 more years.
yes, there always uncertainty in the future. we need make as much as possible.
P
Nothing's certain in life. On may 15, 2024 HardRock resorts management had a town hall meeting for the Mirage/Hard Rock resort employees. Hard Rock management gave the news to 3,300 employees that they are closing the Mirage Resort for 3 years for construction of a new tower and renovation of the existing tower and casino. All employees will be laid off. Mirage resort closes down on July 17th, 2024. Just two months notice of closure. Hard Rock reopens during spring of 2027. That's why having an emergency fund is crucial for this modern life. I am one of these 3,300 employees. Hope for the best, but prepare for the worst.
This was an excellent presentation. Thank you! 👍👍👍
Fidelity cash account pays 4.45%, liquid, no fee. Perfect for my procrastination investment style.
that is too low. if you can spare some on nadex trading, we can achieve this rates every day rather than annually.
Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank ❤
Great information. I tend to agree with Christine's comments of having an annuity to supplement social security benefits, because social security is also an annuity. Also being diversified with other investments like bond mutual funds, money market funds, and stock mutual funds helps in retirement.
Excellent interview 🌹
SO..Where's the "extra feature" that she mentions at the end of the episode..I can't find it, and I'd like to hear the additional comments.
Job one, get all you can out of Social Security. So critical.
Nice podcast
For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things for future purpose.
some fail to secure their future because they believe the government will pay them their pension after been retired...by the government..
who is your adviser?
thank you i have find her.
The life expectancy of men is 82 and these man plan to work until 75. Seriously?
The only way retirement money can last is to save as much as you can and move away to a less expensive location, maybe overseas. This is the new American dream.
The least expensive, overseas locations are all in the Third World. That's not my American dream.
Some of those 3rd world countries are safer than the United States and also lower taxes. Keep an open mind
I'm moving to a higher cost of living area
Golly, Dave Ramsey told me I can take 8% in perpetuity with no issues so take that! 😜
All these recommendations-
Withdrawal quality dividends and most of this would be unnecessary stress.
Does Benz own a Benz?