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For most people, if you ask them, you know what, what guaranteed sources of income you’re gonna have in retirement. And most people say, Well, we’re gonna have social security. That’s it. And you say, well, is that going to be enough money for you? And they say, No, it’s
People are not money managers, they’re doctors, they’re nurses, they’re, they’re union workers. They’re tin workers. They’re iron workers, they’re landscapers, they’re contractors. They do what they do really well. But you’re asking these people now to take their 401, K’s, and now have them figure out how they’re going
If you’re trying to fund your retirement through Bitcoin, it might mean that you’ve waited a little bit too long to start saving, right? Please don’t, don’t roll the dice with 40 years’ worth of work and high-risk stuff when you don’t have to.
Tesla, you know, everybody thought they were a hero for buying Tesla until went down 70%. I’m not against the market. What am I against is gambling with 30 to 40 years’ worth of work.
Social Security was only designed to cover about 30 to 40% of your salary. That’s about it. So, you know, it’s a big income drop. Sure. And for most people retiring today, the only guaranteed source of income that they’re going to have is Social Security.
And so, by understanding where you are, and then us analyzing where you potentially need to go, we can help minimize risk, and potentially maximize return. But more importantly, help you focus on maximizing your Social Security and other income sources.
You can’t control tax brackets. So, if all of a sudden, your tax bracket now goes to 30%, that same $1,000, withdrawal is only going to net you $700 a month. So now you’re going to take to have to take more money out, which now causes the problem of
Well, tax planning is really big, because tax planning ties into purchasing power. And when we talk about retirement planning, we really- the main focus is how are we going to get an individual the monthly income that they might need.
