The thing is that a ton of baby boomers were looking to retire around this time. Many people I knew went back to work for another decade just to be able to afford their lifestyle.

There is offensive and defensive planning.

I lean to the defensive side.

#planning #roth #money #wholelife #infinitebanking #pets #stocks #crypto #retirement #iul #401k #75hard #tax
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vikingfinancialgroup

2024-04-03 12:48:02

and we're who turns sixty this month showed us his latest four one k statement which he hadn't had the courage to open up
i'm afraid
i've got open it now you want me to
let's do it
there's good reason for his trepidation nearly half of his life savings have vanished in a matter of months
it went down again
how much you down overall
owe
about
one hundred and forty thousand dollars
you think you'll ever get back on the ibook probably never see it come back
tell me about your four one k um does the sense the question
this is
what it was in two thousand and five
two thousand and seven year down below two thousand and five
and another one went down almost forty thousand dollars
eighty eighty eight thousand and then and then it went down to like
fifty
however you're
fifty four and i live alone