Personal Finance 360’s Post

This is probably your biggest fear when it comes to retirement... Wondering if you'll ever run out of money. And it's a valid fear. It can be scary to think about if you will run out of money when you retire. Because you may not be able to or want to go back to earning an income. What if I told you, that you could get rid of that fear? Because you 𝗰𝗮𝗻 get rid of it. You can add more certainty and clarity to your retirement and answer the question... "Will I run out of money when I retire?" And you get rid of that fear by planning. ↳Planning for retirement. When you start to plan things will start to be more clear for you. Start by asking yourself? "How much do I want to spend in retirement?" Really think about it. 🧠 And once you know how much you want to spend then you can figure out... -How much you need to save 💸 -How you need to invest 📈 -Which types of accounts you should be saving and investing in. 🤔 -How taxes can impact your ability to reach your goals. Don't know where to start or how to answer these questions? I can help. Feel free to reach out to me to get started. #retirementplanning #investing #wealth

Don’t make this mistake when planning for a comfortable retirement… Too many people believe that saving a little bit here and there will guarantee a stress-free retirement. But what if I told you that without the right strategies in place, you could be saving for years and still fall short of your retirement goals? Retiring comfortably isn’t just about putting money aside – it’s about having a solid, smart plan. 3 Secret Tips Plan Your Expenses: Know how much you need for retirement by estimating your future living costs. This helps you set clear financial goals. . Invest Wisely: Relying on savings alone won’t cut it. Smart investments can grow your wealth while you sleep. . Start Early, Review Often: The earlier you start, the better. Regularly review your plan to adjust for changes in your life and market conditions. . ☎️So if you’re a working professional or business owner and want to retire comfortably, COMMENT BELOW OR DM me “RETIREMENT” and I’ll guide you through a personalized plan to secure your future. Let’s get you on the right path! If you LIKE this post, hit the LIKE button. If you LOVE it, please SHARE it with others who might need to hear this message. I’d love to hear your thoughts—let me know in the comments below! #CoachSham #Finance #RetirementPlanning #retire

Question of the day - Can You Retire at 62 With $400,000? Retiring a little early with just $400,000 may be tempting, but it's certainly not a walk in the park. According to the 4% withdrawal rule, you could withdraw $16,000 from your Retirement accounts in the first year. That, combined with your Pension, would give you a total annual pre-tax income of nearly $32,000. However, it's worth noting that this budget won't leave much wiggle room for lavish or unexpected expenses. Are you up for the challenge? In summary following are retirement income stream options for most people. ✓ Pension ✓ Stocks & Bonds ✓ Annuities ✓ Other Investments such as Real Estate, etc. It is key to put a plan and working with a good financial advisor who is engaged with you is key. If you need help or want 2nd opinion on where you stand in your retirement journey - feel free to reach out to me. #RetirementPlanning #EarlyRetirement #FinancialFreedom #RetirementGoals #InvestmentStrategies #FinancialAdvisor #RetirementIncome #PensionPlan #AnnuitiesInvestment #RealEstateInvesting PS: This content is exclusively created and licensed to financial advisors using our fintello - One Stop AI Marketing for Financial Advisors platform (we have over 800 posts ready to use that have got over 1.5 Million Impressions and are growing on LinkedIn every single day; this means people like our content a lot more than standard advisor company-posted content). Please reach out to me if you would like to get access to our AI-powered next-generation platform.

𝗧𝗵𝗲 𝗕𝗲𝘀𝘁 𝗔𝗱𝘃𝗶𝗰𝗲 𝘁𝗼 𝗦𝗲𝗰𝘂𝗿𝗲 𝗬𝗼𝘂𝗿 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗙𝘂𝘁𝘂𝗿𝗲! Did you know that starting your retirement savings in your 20s could mean twice the savings by age 65 compared to starting in your 30s? Early planning isn't just a good idea—it's essential if you want to enjoy a comfortable retirement. 📌 Here's why it matters: ◼️ 𝗖𝗼𝗺𝗽𝗼𝘂𝗻𝗱 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁: The earlier you start, the more your money grows due to compound interest. For instance, a $5,000 annual investment starting at 25, with a 7% annual return, grows to over $1 million by age 65. ◼️ 𝗥𝗲𝗱𝘂𝗰𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗿𝗲𝘀𝘀: Starting early can help reduce financial stress later in life, giving you more flexibility and security. Remember, it's never too late to start a plan for your retirement. Want more practical tips on securing your financial future? Connect with Mike Milligan! And for more tips, check out and subscribe to our YouTube channel: https://lnkd.in/eVbdFXxD #ideasbymike #retirementplanning #financialfreedom #ideas #money #finance #tips

"Everyone on social media tells you to "plan for retirement." But almost nobody tells you how. If they won’t, I will… So, here’s how to "Invest For Retirement" in 4 simple steps: * Step 1 - Know Your Number. Example ↳ Do you need $1 million or $2 million? * Step 2 - Stop Ignoring Your 401(k). Example ↳ Are your investments supporting step #1? * Step 3 - Be Vigilant About Taxes. Example ↳ Have a plan to reduce, manage, or defer taxes. * Step 4 - Stay Persistent. Example ↳ Regularly contribute despite market fluctuations. Planning for retirement isn't something you do a couple of years before you retire. Instead It's something that should be done early on, but very 𝘴𝘦𝘳𝘪𝘰𝘶𝘴𝘭𝘺 when you turn 50. ♻️ Please repost this if you found it valuable. I truly want people to feel prepared for their retirement. P.S. Do you know your number? #Investment #RetirementPlanning #FinancialFreedom #WealthManagement"

Question of the day - Can You Retire at 62 With $400,000? Retiring a little early with just $400,000 may be tempting, but it's certainly not a walk in the park. According to the 4% withdrawal rule, you could withdraw $16,000 from your Retirement accounts in the first year. That, combined with your Pension, would give you a total annual pre-tax income of nearly $32,000. However, it's worth noting that this budget won't leave much wiggle room for lavish or unexpected expenses. Are you up for the challenge? In summary following are retirement income stream options for most people. ✓ Pension ✓ Stocks & Bonds ✓ Annuities ✓ Other Investments such as Real Estate, etc. It is key to put a plan and working with a good financial advisor who is engaged with you is key. If you need help or want 2nd opinion on where you stand in your retirement journey - feel free to reach out to me. #kaur_eduempower #RetirementPlanning #EarlyRetirement #FinancialFreedom #RetirementGoals #InvestmentStrategies #FinancialAdvisor #RetirementIncome #PensionPlan #AnnuitiesInvestment #RealEstateInvesting

Question of the day - Can You Retire at 62 With $400,000? Retiring a little early with just $400,000 may be tempting, but it's certainly not a walk in the park. According to the 4% withdrawal rule, you could withdraw $16,000 from your Retirement accounts in the first year. That, combined with your Pension, would give you a total annual pre-tax income of nearly $32,000. However, it's worth noting that this budget won't leave much wiggle room for lavish or unexpected expenses. Are you up for the challenge? In summary following are retirement income stream options for most people. ✓ Pension ✓ Stocks & Bonds ✓ Annuities ✓ Other Investments such as Real Estate, etc. It is key to put a plan and working with a good financial advisor who is engaged with you is key. If you need help or want 2nd opinion on where you stand in your retirement journey - feel free to reach out to me. #kaur_eduempower #RetirementPlanning #EarlyRetirement #FinancialFreedom #RetirementGoals #InvestmentStrategies #FinancialAdvisor #RetirementIncome #PensionPlan #AnnuitiesInvestment #RealEstateInvesting

Question of the day - Can You Retire at 62 With $400,000? Retiring a little early with just $400,000 may be tempting, but it's certainly not a walk in the park. According to the 4% withdrawal rule, you could withdraw $16,000 from your Retirement accounts in the first year. That, combined with your Pension, would give you a total annual pre-tax income of nearly $32,000. However, it's worth noting that this budget won't leave much wiggle room for lavish or unexpected expenses. Are you up for the challenge? In summary following are retirement income stream options for most people. ✓ Pension ✓ Stocks & Bonds ✓ Annuities ✓ Other Investments such as Real Estate, etc. It is key to put a plan and working with a good financial advisor who is engaged with you is key. If you need help or want 2nd opinion on where you stand in your retirement journey - feel free to reach out to me. #kaur_eduempower #RetirementPlanning #EarlyRetirement #FinancialFreedom #RetirementGoals #InvestmentStrategies #FinancialAdvisor #RetirementIncome #PensionPlan #AnnuitiesInvestment #RealEstateInvesting

Retirement may seem far off, but it's important to start planning early. Whether you plan to retire in the next few years or decades from now, taking steps to prepare for your future can make a big difference. By starting early, you will have more time to save and invest, and you will be better equipped to weather any unexpected expenses. Plus, having a solid retirement plan in place can help alleviate stress and give you peace of mind, knowing that you are on track to achieve your financial goals. So, take the first step today and start planning for your retirement. Your future self will thank you. Get in contact for a complimentary discussion e: zachary.ockenden@devere-switzerland.ch #retirementsavings #retirement #financialsecurity #financialfuture #financialplanning

At some point, you're going to have to dip into your retirement savings, either because of Required Minimum Distributions (RMD) or because you want to. But not everyone has a documented withdrawal strategy. Here are some of the most common options: ✅ Fixed percentage withdrawal – You take out a fixed percentage of your retirement portfolio every year, no matter what the market's doing. ✅ Fixed-dollar withdrawal – You take out the same dollar amount every year for a set time and then reassess. ✅ Dollar-plus-inflation — You spend part of your portfolio during the first year and then revise that amount based on inflation in subsequent years. Think "4% rule." ✅ "Buckets" — You segment assets into short, intermediate and long-term buckets, with different asset amounts and allocations for each to cover expenses based on different time horizons Now, each of these comes with pros and cons. And some may not be realistic for your situation. But I can help you develop a tax-efficient drawdown plan — and stick to it. Let's connect and develop the ideal strategy for your situation. - Wells Fargo Advisors Financial Network is not a legal or tax advisor. - #ThePrincetonGroup #OxfordHarriman #RetirementPlanning #RetirementIncome