How to Live Off Investments | Planning for Retirement in Midlife скачать в хорошем качестве

How to Live Off Investments | Planning for Retirement in Midlife

How to Live Off Investments | Planning for Retirement in Midlife outlines the questions to begin planning for financial independence in retirement Here is my Ultimate RISE Wealth Plan: https://retirecertain.com/rise/​​ Here is my website article on how to calculate investment income: https://retirecertain.com/how-to-calc... ---------------------------------------------------------------- Retirement planning steps for living off investments and investing for retirement in and after midlife in your 40's and 50's. 1. Decide if you’ll make retirement withdrawals based on the four percent rule or generate investment income So much of this is about deciding and planning for retirement based on what you want See how much investment income you have now – reference my article LINK in description, but roughly take entire portfolio and multiply by the yield you’re getting OR check your brokerage statement for past 2 quarters and double Note: Capital gains are not income; they are not predictable; they are growth in your accounts and are different from investment income 2, Decide if you CAN live off income from your current portfolio OR if you need to: Create more investment income Make withdrawals from retirement savings, which could be in a 401K or an IRA, also known as investment savings Combine retirement withdrawals and investment income 3. How to increase retirement Withdrawals – how we did this. Capital gains are for wealth building, not usually for investment income By setting up our investment portfolio optimally, we feel confident having increased our projected withdrawals by 1 or 2% There are several keys to accomplish this: 1. Invest using a better strategy. For us, better was a defensive etf portfolio with reliable back testing data demonstrating: Return consistency higher than a 60/40 stock bond benchmark Higher returns than a 60/40 stock bond benchmark Lower drawdowns than 60/40 benchmark allowed for risk management 2,. Using strategies that capitalize on various market conditions with defensive assets, not just stocks and bonds 3. Have low fees. Example, a portfolio paying 1% to 2% in fees can withdraw that instead. Many people like to use a financial advisor, I help my financial coaching clients choose what works best for them, to manage their own portfolio or hire a financial advisor. I like to invest myself in a low cost etf portfolio _______________________________________ Retire Certain is about alternative retirement strategies from income generating assets and wealth building. Be sure to Subscribe, Click that little Bell after you subscribe so you know when I post a new video, and leave a comment or question. Find resources and little seen alternative retirement planning and strategies at https://retirecertain.com/​​​​ where I share our crazy income stream after after stumbling into early retirement. Nothing in this video is meant to be taken as personal financial advice. Hire a financial advisor if you need one. As a wealth coach, I do not invest for others. Camille Gaines, AFC Wealth coach Accredited Financial Counselor