#financial-advisors

[ follow ]
#investment-strategies
Retirement
from24/7 Wall St.
2 months ago

I just retired at age 61 and left my $145,000 salary - how much can I pull from my nest egg every year without the fear of running out of money?

Running out of money in retirement is a common fear among retirees that can impact financial planning decisions.
Consulting a financial planner can help manage retirement funds effectively and minimize risks.
Retirement
from24/7 Wall St.
2 months ago

Dave Ramsey Says $1M, Suze Orman Says $10M, Who Is Right?

Retirement savings needs vary greatly depending on personal circumstances.
Factors influencing retirement savings include withdrawal rates, income needs, and investment choices.
Retirement
from24/7 Wall St.
3 months ago

We're Almost at Retirement Age and Have $4M Saved Up. What's a Reasonable Travel Budget So We Don't Run Out?

A financial advisor can help retirees confidently plan for their 'go-go' years, addressing budget and withdrawal strategies.
Venture
from24/7 Wall St.
3 months ago

5 Red-Hot Ultra-High-Yield Stocks Run by Famous Wall Street Investment Giants

Investors favor high-yield dividend stocks for strong income and total return potential.
Retirement
from24/7 Wall St.
2 months ago

I just retired at age 61 and left my $145,000 salary - how much can I pull from my nest egg every year without the fear of running out of money?

Running out of money in retirement is a common fear among retirees that can impact financial planning decisions.
Consulting a financial planner can help manage retirement funds effectively and minimize risks.
Retirement
from24/7 Wall St.
2 months ago

Dave Ramsey Says $1M, Suze Orman Says $10M, Who Is Right?

Retirement savings needs vary greatly depending on personal circumstances.
Factors influencing retirement savings include withdrawal rates, income needs, and investment choices.
Retirement
from24/7 Wall St.
3 months ago

We're Almost at Retirement Age and Have $4M Saved Up. What's a Reasonable Travel Budget So We Don't Run Out?

A financial advisor can help retirees confidently plan for their 'go-go' years, addressing budget and withdrawal strategies.
Venture
from24/7 Wall St.
3 months ago

5 Red-Hot Ultra-High-Yield Stocks Run by Famous Wall Street Investment Giants

Investors favor high-yield dividend stocks for strong income and total return potential.
more#investment-strategies
#investing
Retirement
from24/7 Wall St.
3 months ago

Unpopular opinion: financial advisors provide a valuable service

Financial advisors provide personalized investment strategies and valuable insights that can significantly impact your financial success.
Retirement
from24/7 Wall St.
2 months ago

I have a $175k pension that covers most of my expenses - can I afford to take more risk in the stock market?

Investing heavily in stocks may be viable for those with secure income, but always assess personal financial situations.
Long-term financial goals should dictate investment strategies, especially in retirement.
Bootstrapping
from24/7 Wall St.
3 months ago

Should I fire my financial advisor? I have no personal issues with him, but feel like I can save 1%

Self-directing investments can save money but carries risks during market downturns.
Bear markets can be unpredictable; having professional guidance can provide valuable support.
from24/7 Wall St.
1 month ago
Bootstrapping

If you're a single salary earner, no kid, have a mortgage, want to invest into index funds, no plan to have kids, already have a personal budget, would a financial advisor add any value?

Retirement
from24/7 Wall St.
3 months ago

Unpopular opinion: financial advisors provide a valuable service

Financial advisors provide personalized investment strategies and valuable insights that can significantly impact your financial success.
Retirement
from24/7 Wall St.
2 months ago

I have a $175k pension that covers most of my expenses - can I afford to take more risk in the stock market?

Investing heavily in stocks may be viable for those with secure income, but always assess personal financial situations.
Long-term financial goals should dictate investment strategies, especially in retirement.
Bootstrapping
from24/7 Wall St.
3 months ago

Should I fire my financial advisor? I have no personal issues with him, but feel like I can save 1%

Self-directing investments can save money but carries risks during market downturns.
Bear markets can be unpredictable; having professional guidance can provide valuable support.
from24/7 Wall St.
1 month ago
Bootstrapping

If you're a single salary earner, no kid, have a mortgage, want to invest into index funds, no plan to have kids, already have a personal budget, would a financial advisor add any value?

more#investing
fromSilicon Canals
2 days ago

Ex-CLARK CPO's AI startup TODAY bags 1M to free financial advisors from admin chores - Silicon Canals

We deliver peace of mind at scale by empowering advisors with cutting-edge AI, enabling them to develop strong relationships with their clients.
Marketing tech
#retirement-planning
Retirement
from24/7 Wall St.
3 months ago

We're Retiring in a Decade and Have $4M Invested. What's the Best Move for Preserving It?

Investing in income-producing assets helps preserve retirement savings.
Ensure proper planning and a safe withdrawal rate to secure your nest egg.
Retirement
from24/7 Wall St.
3 months ago

We're in our mid-40s and are finally making big salaries - is there anything we can do to reduce our tax bill and retire earlier?

Maximizing IRAs and 401(k)s can significantly lower tax bills, especially for higher earners planning for retirement.
Retirement
from24/7 Wall St.
2 months ago

Retirees Often Overlook These 7 Huge Advantages of Working with a Financial Advisor

Working with a financial advisor can enhance wealth and protect against poor financial decisions.
Retirement
from24/7 Wall St.
2 months ago

I No Longer Swear by 'the 4% Rule' and This Is Why

The 4% rule for retirement withdrawals may be outdated and less reliable.
Updated research suggests a safer withdrawal rate should be around 3.7%.
It's advisable to create a personalized retirement withdrawal plan with an advisor.
Retirement
from24/7 Wall St.
3 months ago

Claim Social Security vs Tap Savings: Which Should You Do First?

Delaying Social Security payments can lead to larger lifetime payouts, potentially providing greater financial security.
Retirement
from24/7 Wall St.
3 months ago

We're Retiring in a Decade and Have $4M Invested. What's the Best Move for Preserving It?

Investing in income-producing assets helps preserve retirement savings.
Ensure proper planning and a safe withdrawal rate to secure your nest egg.
Retirement
from24/7 Wall St.
3 months ago

We're in our mid-40s and are finally making big salaries - is there anything we can do to reduce our tax bill and retire earlier?

Maximizing IRAs and 401(k)s can significantly lower tax bills, especially for higher earners planning for retirement.
Retirement
from24/7 Wall St.
2 months ago

Retirees Often Overlook These 7 Huge Advantages of Working with a Financial Advisor

Working with a financial advisor can enhance wealth and protect against poor financial decisions.
Retirement
from24/7 Wall St.
2 months ago

I No Longer Swear by 'the 4% Rule' and This Is Why

The 4% rule for retirement withdrawals may be outdated and less reliable.
Updated research suggests a safer withdrawal rate should be around 3.7%.
It's advisable to create a personalized retirement withdrawal plan with an advisor.
Retirement
from24/7 Wall St.
3 months ago

Claim Social Security vs Tap Savings: Which Should You Do First?

Delaying Social Security payments can lead to larger lifetime payouts, potentially providing greater financial security.
more#retirement-planning
#investment-strategy
from24/7 Wall St.
2 months ago
Retirement

I'd really like to have someone advising me and managing my money, but I'm curious if others in this general income bracket use financial advisors

from24/7 Wall St.
2 months ago
Retirement

I'd really like to have someone advising me and managing my money, but I'm curious if others in this general income bracket use financial advisors

more#investment-strategy
from24/7 Wall St.
2 weeks ago

If You Invested $5,000 In Vanguard High Dividend Yield VYM 10 Years Ago, This Is How Much Cash From Dividends You Would Have Today

The Vanguard High Dividend Yield Index Fund ETF offers a nice combination of growth, income, and diversification risk management along with lower volatility in a highly liquid ETF format.
Retirement
from24/7 Wall St.
2 weeks ago

Live Nasdaq Composite: Markets Eye Upbeat Finish Amid Progress and Relief

The markets are mixed out of the gate as stocks attempt to close this data-filled week on a positive note.
Startup companies
#wealth-management
from24/7 Wall St.
3 weeks ago
Retirement

Our net worth tops $5 million, but I still book the cheapest hotel room - how can I finally let go of my frugal habits?

from24/7 Wall St.
3 weeks ago
Retirement

Our net worth tops $5 million, but I still book the cheapest hotel room - how can I finally let go of my frugal habits?

more#wealth-management
Retirement
from24/7 Wall St.
1 month ago

Creating a 'Death File': How I Prepared My Family for the Inevitable

Preparing for death can ease the burden on loved ones.
Creating a 'death file' helps organize essential documents.
#financial-planning
more#financial-planning
from24/7 Wall St.
2 months ago

What are your good/bad experiences with financial advisors/planners and are they worth it?

"While there is no question that Reddit is often biased against the role of the financial advisor, some people believe they provide enough value to warrant using them to help manage and grow money."
Mental health
Retirement
from24/7 Wall St.
2 months ago

Why Does Tax Planning Matter So Much In Retirement?

Effective tax planning is crucial for a fulfilling retirement lifestyle.
Retirement concerns can lead to excessive focus on tax planning over other significant factors.
Understanding personal goals is essential in retirement planning.
[ Load more ]