I just turned 44 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I'm getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $220k
8-10% is garbage my average annual return over last 8 years is 31% not realistic long term but you can certainly get 15% a year it’s not that hard be aggressive when you are young
Mutual funds or Index funds which is a better buy right now? just got my lump sum inheritance and would love to put my money to work, so i can earn in dividends, i'm also looking at paying mortgage where rates are not so high.
22 comments
I just turned 44 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I'm getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $220k
I'm up 15% so far the year and this is one of my worst years. 8-10% is easy.
I am so f^^^ed.
The $200/mo should be $250/mo
An IUL is better than all of them.
Hello everyone! How good is to start when someone is 18?
❤
1M after 37 years, would be 200k now
8-10% is garbage my average annual return over last 8 years is 31% not realistic long term but you can certainly get 15% a year it’s not that hard be aggressive when you are young
Just turned 30 this year and now I have even more anxiety
Why would i want to be a millionaire at 65 ?
I can’t thank you enough for your videos! With me coming from a family where financial literacy was not taught, THANK YOU!!
Mutual funds or Index funds which is a better buy right now? just got my lump sum inheritance and would love to put my money to work, so i can earn in dividends, i'm also looking at paying mortgage where rates are not so high.
Yeh bakchodi US mein bhi chal rahi hai bc 🤦♂️
Or you can follow @stoicadx and make 100% every couple months day trading. Up to you.
Sounds good until these democrats tax unrealized gains and then the economy collapses… 🤷🏻♂️ 😅😅
FWIW I think the second row has a typo–should be $250/month, not $200 for the columns on the right to make sense
everyone has to start somewhere $100, $20 a month it doesn't matter eventually you will start saving more.
Bold of you to assume $1Mil is gonna be worth $1Mil in 40 years. 😂
Will a millionaire even mean anything in 30 years?
You should also factor in inflation by the time you retire. By the time you're 65, $1 million may feel like only $200k
Bro for asian too bro
Please I already subscribed❤️