Timothy Sumer

Are you prepared for retirement? Whether you're in your 20s, 40s, or 60s, planning for retirement is a crucial aspect of personal finance that shouldn't be ignored. In this detailed 15-minute guide, we delve into everything you need to know to secure a financially comfortable and worry-free retirement. 🔵 What You'll Learn: The Power of Compound Interest Types of Retirement Accounts: IRA vs 401(k) How Much Do You Need to Retire? The Role of Social Security Benefits Importance of Healthcare Costs Diversifying Your Investments 📚 Sources: Investopedia - The Power of Compound Interest AARP - Retirement Readiness Survey The Balance - IRA vs 401(k): What's the Difference? Fidelity Investments - How Much Do I Need to Retire? U.S. Social Security Administration - How Your Retirement Benefit is Calculated HealthView Services - Healthcare Costs in Retirement CNBC - Importance of Diversification Charles Schwab - Reviewing and Adjusting Your Plan KEYWORDS: retireme

In this episode, James emphasizes the importance of having a well-thought-out financial plan for retirement, rather than relying solely on the size of your investment portfolio. Financial security doesn't come from a specific portfolio number but from having a comprehensive plan. Using a listener's question, James walks through a step-by-step approach to assessing retirement readiness. He discusses aspects like income planning, investment strategies, tax optimization, and protection through insurance and estate planning. Shifting your mindset from a saving mentality to a spending mentality in retirement allows you to fully enjoy your savings. Learn how to determine if you'll be financially secure in retirement and how to optimize your financial resources to enhance your overall retirement experience. Questions Answered: How do you assess your retirement readiness? How can you optimize their retirement plan to enhance their overall retirement experience? =====

In this video, we're going to talk about how much you should save in your 401K by age. We'll discuss factors like average contributions, base invested amount, and how your age will affect your 401K contributions. After watching this video, you'll have a better understanding of how to save for retirement and how your age affects your 401K contributions. You'll also be able to make the best choices for your 401k account based on your specific situation. So be sure to check out this video if you're looking to save for your future! On this channel we teach financial education, financial independence, how to budget, invest in yourself, sort of a financial literacy 101. Affiliate Links: M1 Finance Link: ... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing How Much You Should Save in Your 401(k) By Age Sa

In this helpful video I explain why you should never copy someone else's dividend portfolio, something that I see happening all the time. Timestamps: 0:00 Intro 0:34 Examples of benefits Buffett gets that normal investors don’t get 2:05 Be aware of other investors, but don’t blindly copy them 2:16 Buffett’s advice 2:45 Each person’s investing reasons are unique to them 3:05 A reason why you shouldn’t copy my portfolio 3:20 My thoughts on how to invest 4:07 Some risks with my investments (another reason why you shouldn’t copy me) 5:20 More reasons not to copy my portfolio 5:39 Don’t let the fact that someone has a YouTube channel influence you to copy their portfolio – examples 9:40 My dividend retirement strategy vs the 4% retirement rule 13:00 Some differences between dividends vs selling shares 15:00 Insights into my love of dividends 17:27 A recent observation I had regarding a relative, their weight, and investing 15:56 Investing insights from some comments re: reit

Want To Be Rich? Don't Do Dividends: ► Receive Full Free Stocks via Moomoo (T&C Apply): Up to 15 Free Stocks via Moomoo US (For Australian users, up to 10 Free Stocks for A$2K deposit), T&C Apply: ► How I went from Zero To A Million: ► My Stock Portfolio + Stock Tracker: ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): ► ROBINHOOD (Get 1 Stock When You Sign Up): ► Open A Roth IRA: ► Follow Me On Instagram: ► How I Protect My Bitcoin: My PO Box: Andrei Jikh 4132 S. Rainbow Blvd # 270 Las Vegas, NV 89103 SOURCES: TIKTOK CREDIT: martymarquesgroup MUSIC CREDIT: Game: Donkey Kong Country (Nintendo, 1994, SNES) • ReMixer(s): Neon X • Composer(s): David Wise, Eveline Novakovic, Robin Beanland • Song(s): "Aquatic Ambiance" • Posted: 2022-09-13, evaluated by the judges Game: Donkey Kong Country (Nintendo, 1994, SNES) • ReMixer(s): 744 • Composer(s): David Wise, Eveline Novakovic, Robin Beanland • Song(s): "Aquatic Ambiance&

YieldMax TSLY ETF Passive Income for my Dividend Portfolio and Dividend Stock Buys (September 2023) In this YouTube video, I reveal to you my YieldMax TSLA Option Income Strategy ETF (TSLY ETF) passive income for the month of September. The year of 2023 has been a great year for dividend income / passive income and I reveal to you how many shares bought Enjoy the video and subscribe! Investing Introduction 0.00 TSLY ETF Review 0:58 Yield Max ETFs and TSLY Dividend 1:27 TSLY ETF Information and High Yield Passive Income 2:56 How much Passive Income Made 6:30 Dividend Stock Buys and REITs (Fractional Shares ) 6:51 TSLY ETF and NVDY ETF shares 9:17 YouTube Disclaimer 11:40 #passiveincome #dividendinvesting #stockstobuy Dividend Stocks, REITs, ETFs mentioned in this video: Spirit Realty Capital ( SRC stock ) Bank OZK ( OZK stock ) The Kroger Company ( KR stock ) Premier Financial Corp ( PFC stock ) VICI Properties ( VICI stock ) Starbucks Corp

Is the 2023 Recession Cancelled? ► Receive Full Free Stocks via Moomoo (T&C Apply): Up to 15 Free Stocks via Moomoo US (For Australian users, up to 10 Free Stocks for A$2K deposit), T&C Apply: ► How I went from Zero To A Million: ► My Stock Portfolio + Stock Tracker: ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): ► ROBINHOOD (Get 1 Stock When You Sign Up): ► Open A Roth IRA: ► Follow Me On Instagram: ► How I Protect My Bitcoin: My PO Box: Andrei Jikh 4132 S. Rainbow Blvd # 270 Las Vegas, NV 89103 SOURCES: *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures

SHUTDOWN: An Urgent Warning To Investors ► Receive Full Free Stocks via Moomoo (T&C Apply): Up to 15 Free Stocks via Moomoo US (For Australian users, up to 10 Free Stocks for A$2K deposit), T&C Apply: ► How I went from Zero To A Million: ► My Stock Portfolio + Stock Tracker: ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): ► ROBINHOOD (Get 1 Stock When You Sign Up): ► Open A Roth IRA: ► Follow Me On Instagram: ► How I Protect My Bitcoin: My PO Box: Andrei Jikh 4132 S. Rainbow Blvd # 270 Las Vegas, NV 89103 SOURCES: *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Inv

► Receive Full Free Stocks via Moomoo (T&C Apply): Up to 15 Free Stocks via Moomoo US (For Australian users, up to 10 Free Stocks for A$2K deposit), T&C Apply: ► How I went from Zero To A Million: ► My Stock Portfolio + Stock Tracker: ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): ► ROBINHOOD (Get 1 Stock When You Sign Up): ► Open A Roth IRA: ► Follow Me On Instagram: ► How I Protect My Bitcoin: My PO Box: Andrei Jikh 4132 S. Rainbow Blvd # 270 Las Vegas, NV 89103 *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future. #shorts #investing #finance... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation H

In this episode of Ready for Retirement, James discusses Deferred Compensation Plans and how to consider them within your overall retirement strategy. Questions Answered: How should I think about Deferred Compensation in context of my overall plan? When does it make sense to defer compensation (and when does it NOT)? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 2:30 - Deferred Compensation 101 3:25 - Retirement Expenses 5:04 - Tax Planning 8:50 - AVOID This Common Mistake 17:03 - Inflation Impact 19:58 - Deferred Comp Example 23:50 - Aligning Your Financial Goals 24:00 - Working With Us Learn the tips & strategies to get the most out of life with your money. Get started today → Subscribe to be notified for future videos: _ _ For more resources and content, check us out below! Website // Podcast // Instagram // Facebook // LinkedIn // Other videos we think you'll like: About Root: Worried about retire

The Dividend SnowBall Effect and Compound Interest With Dividend Portfolio In this video, I reveal to you how the dividend snowball effect is working with my dividend portfolio. I have been enjoying some serious dividend income and the compound interest is really working with growthing my dividend snowball effect. Each week I dollar cost average with my dividend portfolio and I am in my dividend reinvestment plan ( or DRIP plan ). The DRIP Plan is crucial for dividend growth investing and I am buying high yield dividend stocks and low yield dividend stocks with high dividend growth. Enjoy the video and subscribe for FREE dividend investing strategy videos! Dividend stocks mentioned: The Wendy's Company ( WEN stock ) Tyson Foods ( TSN stock ) STAG Industrial ( STAG stock ) Prudential Financial ( PRU stock ) Agree Realty Corporation ( ADC stock) NNN REIT Truist Financial Corp ( TFC stock ) Medifast, Inc. ( MED stock) PepiCo, Inc. (PEP stock) Starbucks Corporation ( SB

In this video, I talk about 3 ways you can cash out your money from your Roth IRA by retirement. 1. Dividend collection 2. 4% Rule 3. Sell covered calls I hope this video helps! If you want to learn more about Roth IRAs and getting started as a beginner, come ask me questions next Tuesday at 5:30PM: Also, let me know your questions or video recommendations in the comments below! -Steve :) #financialfreedom​​ #finance​​ #trading​​ #millionairemindset​​ #millionaire​​ #wealth​​ #coveredcalls​​ #optionstrading​​ #investing​​ #stockmarket​​ #stocks​​ #beginner​​ #realestate​​ #finances​​ #home​​​​ #makemoney​​ #retire​​ #entrepreneur​​ #selfmade​​ #financialliteracy​​ #daytrade​​ #motivation​​ #financialeducation​​ #money... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA $40,000 Passive Roth IRA Income: A Path to Financial Freedom re

In this video I show you all the latest details of my dividend portfolio in Fidelity, and I’ll show you estimates for how my dividend income should snowball overtime, along with tons of other juicy tidbits. Chat with me on my free Dividend Discord chat server ➜ Follow me on X (Twitter) ➜ Follow me on Instagram ➜ Join my Patreon ➜ Buy some of my fun dividend merch (10% donated to St Jude) ➜ Listen to my Videos as Podcasts on iTunes ➜ Listen to my Videos as Podcasts on SoundCloud ➜ Use my Seeking Alpha Affiliate Link ➜ (I’m sponsored by Seeking Alpha). 0:00 Intro 1:39 My dividend portfolio in Fidelity 3:26 My account balances 3:58 My recent IRA dividends 5:16 My IRA dividend stocks 8:20 My Taxable account stocks 9:22 My recent Taxable dividends 9:57 My wife’s Rollover account 10:14 Total annual dividends I get in Fidelity 10:27 Recent Rollover dividends 10:39 My portfolio in my dividend spreadsheet product 14:45 A calendar of dividend payouts I’ve gotten and will get

If you’re close to retirement, one crucial aspect to consider is what to do with your hard-earned 401k savings. This decision requires careful thought and planning, as it can significantly impact your financial well-being in the long run. James covers the key considerations to get the most out of your 401k plan: ➡️ Analyzing Costs ➡️ Assessing Control + Ease of Use ➡️ Examining Investment Options ➡️ Consolidations for Simplicity ➡️ Coordinating Withdrawal Strategies In addition to those factors, there are several other important considerations: understanding tax implications, net unrealized appreciation, and penalty-free distributions. Learn the tips & strategies to get the most out of life with your money. Get started today → Subscribe to be notified for future videos: _ _ For more resources and content, check us out below! 🔔Subscribe to our channel to learn more about all things portfolio management 🎧 Listen to our podcast 🧑‍💻 Visit our website t

How Much You Should Save In Your 401K By Age ► Receive Full Free Stocks via Moomoo (T&C Apply): Up to 15 Free Stocks via Moomoo US (For Australian users, up to 10 Free Stocks for A$2K deposit), T&C Apply: ► How I went from Zero To A Million: ► My Stock Portfolio + Stock Tracker: ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): ► ROBINHOOD (Get 1 Stock When You Sign Up): ► Open A Roth IRA: ► Follow Me On Instagram: ► How I Protect My Bitcoin: My PO Box: Andrei Jikh 4132 S. Rainbow Blvd # 270 Las Vegas, NV 89103 SOURCES: MUSIC CREDIT: Game: Super Mario Bros. (Nintendo, 1985, NES) • ReMixer(s): MkVaff • Composer(s): Koji Kondo • Song(s): 'Overworld BGM' • Posted: 2000-09-28, evaluated by djpretzel • Game: Donkey Kong Country (Nintendo, 1994, SNES) • ReMixer(s): Waveformer • Composer(s): David Wise, Eveline Novakovic, Robin Beanland • Song(s): 'Aquatic Ambiance' • Posted: 2012-04-30, evaluated by the judges