Slide chart in the Retirement Plan

Aug 6th, 2022
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How to slide chart in the Retirement Plan

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[Music] foreign [Music] youre watching portfolio makeover an original series from ETF Guide TV Im Rhonda leggy and today were going to examine a 686 thousand dollar retirement portfolio for TB in Tucson Arizona and Im gonna tell you what I like about it what I dont like and what can be improved now before we introduce everyone to TB and take a look at her portfolio I wanted to share with you a poll that was taken recently on this very Channel and this uh this was kind of trying to get a glimpse at what were peoples biggest regrets over the past year and you can see number one regret owning too many of those high risk volatile growth stocks over 40 percent or just about 40 percent of the audience or respondents uh felt that they had too many of those types of stocks in their portfolio but look at number two the top response was my portfolio didnt have enough big of a enough cushion that was 33 percent of respondents and I just want to congratulate the audience for recognizing the

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Our aim with this retirement planning guide is to help you achieve that goal. Know when to start retirement planning. Figure out how much money you need to retire. Prioritize your financial goals. Choose the best retirement plan for you. Select your retirement investments.
The 4% rule limits annual withdrawals from your retirement accounts to 4% of the total balance in your first year of retirement. That means if you retire with $1 million saved, youd take out $40,000. ing to the rule, this amount is safe enough that you wont risk running out of money during a 30-year retirement.
Retirement planning has five steps: knowing when to start, calculating how much money youll need, setting priorities, choosing accounts and choosing investments.
5 Steps for retirement planning Decide when to start saving. Consider how much money youll need to retire. Consider retirement plan options. Choose investments. Keep saving and rebalance your retirement portfolio as needed.
7 steps to prepare for your upcoming retirement Make sure youre diversified and investing for growth. Take full advantage of retirement accounts, especially catch-up contributions. Downsize your debt. Calculate your likely retirement income. Estimate your retirement expenses. Consider future medical costs.
A four-phase model for retirement consists of pre-retirement (age 50 to 62 or so), the early period of retirement (age 62 to 70), middle retirement (age 70 to 80), and late retirement (80 and up). Each phase has its own unique priorities.
What is retirement planning? Retirement planning means preparing today for your future life so that you continue to meet all your goals and dreams independently. This includes setting your retirement goals, estimating the amount of money you will need, and investing to grow your retirement savings.

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