Timothy Sumer

Retire at 55 🙌 || How Much You Need To Retire Early at 55! In this video I want to look at a scenario for someone who wants to retire at 55 and asking the question, how much in retirement savings and retirement investments do I need to retire early? **Free Retirement Download: The Roadmap to Retirement:** 📊 We are going to look at different retirement rules and retirement scenarios that will help you determine your retirement readiness, especially if you are doing retirement planning at 50. Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strategies for " retirement planning at 30", " retirement planning at 40", " retirement planning at 50", or even " retirement planning at 60" understanding how much retirement income that you want versus how much you need gives you a roadmap to follow to and through retirement. He

How To Retire at 55 with IRA || Retire Early & Avoid Penalties In this video, I want to talk about retiring early with a 72T. This video will help you understand what retirement looks like under the age of 59 1/2 and how you can retire and use your retirement investments for income without paying a penalty. **Free Retirement Download: The Roadmap to Retirement:** 📊 If you have most of your retirement assets in an IRA, simple IRA, or SEP IRA this retirement strategy will help you retire at 55 or retire at 50 or retire at any age under 59 1/2. What is a 72T? A 72T is an IRS rule that allows someone who wants to retire early to take substantially equal periodic payments from their IRAs and avoid the 10% early distribution penalty. There are three methods for determining substantially equal periodic payments for retirement income with a 72T: amortization, annuitization, and required minimum distribution. Once you begin taking retirement income from your IRA using a

I'M 55 OLD, HOW TO PREPARE FOR RETIREMENT? | $300,000 IN 401K If you're 55 years old or older and are planning to retire soon, then you need to watch this video! I'll share with you tips for saving money, preparing for retirement and making the most of your money while you're still working. I hope you find this video useful and that it helps you achieve your retirement goals! 00:00 Introduction 00:35 Hypothetical Case 02:52 Retirement Goals 03:34 Current Scenario 05:33 First Scenario 06:17 Play zone 07:36 Improving Score 08:48 Know Your Retirement Score 09:01 Figure Out How Long You Should Be Working 09:15 Try Not To Overfund Your Taxed Deferred Accounts **************************************************************************************** 🟢 💸 DOWNLOADABLE RESOURCES: 💸 🟢 ************************************************************************************ ★ Subscribe to our channel for time sensitive Tips! ★ **********************************

Retire with $1,000,000 in Retirement Savings? (Not so fast) || Retirement Planning In this video, we will explore a common question asked by many individuals as they plan for their retirement: "Can I Retire with $1,000,000 in Retirement Savings?" We will discuss the factors that can impact your ability to retire comfortably with a one million retirement savings portfolio, including your expected lifestyle expenses, inflation, retirement investment returns, and other potential sources of income such as Social Security benefits or pensions. We'll also review various retirement withdrawal strategies and how they can affect the sustainability of your retirement savings. By the end of this video, you will have a better understanding of whether or not you can retire with one million in retirement savings and what steps you may need to take to achieve your desired retirement lifestyle. So, join us as we delve into this important retirement planning topic. **Free

Retirement Strategy at 60 with $1,500,000 || Protecting Retirement Savings In this livestream we are going to look at a 60 year old couple asking the question, "Can I Retire" and wanting to do retirement planning at 60. We are also going to look at 3 specific retirement strategies: Can I Retire now, Roth IRA Conversion strategy, & How to protect Retirement savings. **Free Retirement Download: The Roadmap to Retirement:** 📊 Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strategies for "retirement planning at 30", "retirement planning at 40", "retirement planning at 50", or even "retirement planning at 60" understanding how much retirement income that you want versus how much you need gives you a roadmap to follow to and through retirement. Here at Pearl Wealth Group, we run a trademarked retirement

How much do I need to retire? You might be surprised to learn that $1 million isn't enough. How much do you need to retire, how much do you need to save for retirement, and how to invest to reach your goals? Sean Lehman answers those questions in this video. Sean Lehman - 👑 We Profit Day and Night Coaching Program 👑 Coaching, Classes, Community Discord, and Trade Alerts from Stock Curry ✴️ Moomoo ✴️ 🇺🇸 - UNITED STATES ▶ 🇺🇸 - 10 Free Stocks when you deposit $100 🇺🇸 - 20 Free Stocks when you deposit $1,000 🇸🇬 - SINGAPORE ▶ 🇸🇬 - 1 Free Share of Amazon when you deposit $2,700 🇦🇺 - AUSTRALIA ▶ 🇦🇺 - $110 cash when you deposit $1,000 🔹 Webull 🔹 Up to 12 free stocks with $1 deposit 🤑 MILLIONAIRE CLUB 🤑 Portfolio - Videos - ------------------------------------------------------------------------------------------- *DISCORDS* We Profit Day and Night - Lucrum Investing (Day Trading Discord) - *TRADING PLATFORMS* *FREE RESOURCES* *TRAINING

IRA & 401k Average Retirement Savings || Fidelity, Vanguard, & Schwab In this Livestream, we are going to look at the average retirement savings for 401k & IRA's from Fidelity, Vanguard, & Schwab. This retirement savings data comes from the newly released retirement survey from Vanguard & Fidelity for 2022. We are also going to discuss ways you can save more for retirement and steps you can take today to increase your retirement savings. Full Retirement & 401k Article Here: This video is showcasing average 401k balances and median 401k balances in retirement accounts with Vanguard retirement services & Fidelity Investments. All of this information comes from Vanguard 401k retirement survey & Fidelity Q3 IRA & 401k account balances. This is both the average and the median of these 401k retirement accounts. Keep in mind the average 401k retirement account size will be skewed because of the large 401k retir

Retire at 55 with 401k Rule of 55 or IRA Rule 72T || Retire at 55 In this video, I want to discuss the 401k Rule of 55 and the IRA Rule of 72T. What is the rule of 55? The rule of 55 allows anyone with a 401k to use their 401k for retirement income if they are terminated, leave their job, or retire in the year they turn 55 or later without incurring a 10% penalty for being under the age of 59.5. If you are wanting to retire at 55 or doing retirement planning at 50 then understanding the rule of 55 and how that correlates to your 401k and retirement income is imperative for your retirement planning . I also want to discuss a 72T. A 72T is a way for someone who wants to retire with an IRA to use their IRA for retirement income and avoid the 10% penalty that comes from an IRA withdrawal under the age of 59 1/2 **Free Retirement Download: The Roadmap to Retirement:** 📊 Retirement income strategies and retirement income planning are two big pieces to anyones retirement p