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In this video, I discuss the difference between the rich versus poor in retirement - and no it's not having a monster sized investments account (although that does not hurt :). You've heard the saying many times in your life. The wealthy play by a different set of rules than those in poverty. This is because they have a different relationship with money. Money serves them instead of the other way around. Important Links: Follow Me on Instagram: / the_schmidtlist Free "Retirement Ready" Checklist: https://holyschmidt.com/checklist/ Federal Reserve Board Survey of Consumer Finances: https://www.federalreserve.gov/econre... Social Security Administration Application for Benefits https://secure.ssa.gov/iClaim/rib Current Social Security Cost of Living Adjustment https://www.ssa.gov/cola/ Social Security Payment Estimator https://www.ssa.gov/benefits/retireme... THE CHANNEL’S MOST POPULAR VIDEOS Should You Take Social Security at Age 62 and Invest it? • Should You Take Social Security at Age 62 ... 7 GOOD REASONS to File for Social Security Benefits at Age 62 • 7 GOOD REASONS to File for Social Security... Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!? • Average Retirement Savings by Age 60. Are ... The BEST AGE to File for Social Security Retirement Benefits • The BEST AGE to File for Social Security R... 3 Social Security "Little Known Facts" That Are REALLY Important • 3 Social Security "Little Known Facts" Tha... Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.