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Is 1 Crore Enough To Retire? How to plan your retirement?

Hi friends, welcome to Yadnya investment academy. We are going to talk about a topic of financial planning on Friday. And today's topic is very interesting. Because this question is asked regularly on many social media channels and workshops. That people have an amount in their mind that is 1 crore rupees. We think that if we have 1 crore rupees, our life will be good. So this question remains in the mind that if I have 1 crore rupees, can I retire now? Am I financially free? I don't have any tension of retirement now. Now whatever work I am doing is extra. So that 1 crore rupees is enough. And if you have retired now and got EPF money and total is 1 crore is it enough for you? And if it is enough or not, how much can you spend in both questions, when is enough and when is not. We will touch on all those things in this video.

I will explain everything through a calculator. You can check that calculator on our website investyadnya.in as well. We cover many topics of financial planning in this session. If you want to make your own financial plan, then go to investyadnya.in website There are many products related to financial planning. There are 1 to 1 sessions as well. You can check that out. Now I am going to my website and I am sure you can see my screen. If you go to the tool and calculator, here you can see the retirement calculator.

I don't think you will get this anywhere else. Now the question is, suppose I have 1 crore rupees, is it enough for me to retire? First of all, I will be asked what is my age? I am just giving an example, 50. Suppose I am 50 years old, what is my life expectancy? It is important to know when you will be retiring. I think we should keep it around 90. I am keeping it at 90. How much is the expense now? If you are retiring and you have 1 crore rupees, how much do you want to spend? What is your monthly or annual expense? Suppose I am thinking that I have 6 lakh rupees.

I have put 6 lakh rupees here. How much inflation are you assuming? How much will my expenses increase every year? If India's inflation is around 6-7%, then you can assume that. Suppose 7% inflation till the end of life. Current asset, how much money do I have? I will put 1 crore rupees here. I have 1 crore rupees here. I will put that here. How do you invest this 1 crore rupees? How much return will you be able to earn? This is a very important question. What type of investment do you want to put? Do you want to put it in PPF? Do you want to put it in Senior Citizen Savings Scheme? Or do you want to put it in FDs? Or do you want to create a portfolio of Mutual Funds like Hybrid Equity Funds? This is very important. Let's take all the scenarios. Suppose I want to put it in FDs. I don't want to do anything special. I will get 7% return in FDs. Whatever is the post tax. Or whatever you think. You get 7.5% but let's keep 7% for calculation. Let's keep 7.5%. Let's keep 8%. We have put it in bonds, Senior Citizen Savings Scheme.

And there is some money in EPF. So, we have kept some money in equity. So, my 8% will earn 1 crore rupees corpus. Which is 1% over inflation. I have taken 7% inflation and 8% returns. I have to put these 6 fields first. If I submit this, My retirement corpus is in deficit of 1 crore. This means that I need 1 crore more to develop this scenario. If I am 50 years old and I have 6 lakhs per month. And 7% inflation. And 8% growth. I need 2 crores. 1 crore is not enough. Now, let's change the scenario. What should I do if I am not able to do it. I can either reduce it. I don't spend Rs 50,000 per month. I can do 30,000. Then we can change the amount. We have done 36,000. And then we have put this change. So, 21 lakhs is still less. So, basically it will come to 3 lakhs. So, now our retirement corpus is only 67,000 less.

So, I can spend 3 lakhs per year. If I can spend Rs 25,000 per month. And if I take 7% inflation. And 8% growth. Then 1 crore is enough in 50. If I spend 25,000. If I spend 50,000 with same scenario. Then I will need 1 crore. Now, you will say that I invest in mutual funds. I know investing well. And I think that my corpus can earn 10%. If 7% is inflation. Then I think that my corpus can earn 10% per annum. Like our approach. You must have seen many videos on retirement. If you want to understand anything. Then put it in the comment section. If I think that I can do 10%. So, let's try it on 6% after spending 3 lakhs. So, now our corpus will be 47 lakhs. So, it means that I can spend 4 lakhs or 4.5 lakhs. So, 4.2 or 4.3. Means I can spend around Rs 35,000 per month. If I can earn 10% return. Now, you will say that I have already retired. I am 60 years old. And now tell me what is this scenario. So, in that I can spend 50,000 per month. So, in 60 years also if you are earning 10% return. Then there is a deficit of 24 lakhs. If this scenario plays. You say that I have inflation.

I don't spend much. 50,000 per month. Next year, I will grow according to 5%. Then it is good. 5% inflation, 10% rate of return, 1 crore rupees. You have enough. You have just enough. So, you can spend 50,000 per month. If you are 60 years old, you will get that money for 90 years. Now, there is one more thing. Many people think that I have a pension. I have a house. He is giving rental. Or I am getting pension. Suppose you are getting pension of Rs 10,000 per month. Means it comes more than that. But I think 10,000 per month. So, I am getting a pension of 1,20,000. And we will make it 7 again. Is there any growth of pension? It seems that 2-3% growth is there. So, let's grow it by 3%.

Till when will the pension come? Will it come till 90? Will it come till life expectancy or will it come soon? Many times, for limited time, money is going to come. So, we sell those things. Rental is going to come. I have to sell that house after 10 years. So, you can put that also. So, I have to get pension till last. Till 90. So, then in 6 lakhs, 7% inflation, 1 crore, 10% and all. So, then almost I am there. Means 3 lakhs is the only deficit left. So, in this way, you can find out that the money you have, is it enough for your retirement? So, now you can change the amount. If you have 2 crore, 3 crore or 50 lakhs, then you can change the amount. Accordingly, you can find out how much expense I will have after retirement, my work will go smoothly till life expectancy which I have planned. So, this will be very very helpful for you. So, if you like Calculator, then do share this video with everyone.

I think this will be very helpful to many people in retirement planning. And from the perspective of financial freedom also. And if you want our financial plans and personalized approach, if you want to understand how to get 10% rate of return, or what all I can do after retirement, then you can go to our website and call our customer service, sales team or relationship team. You can WhatsApp or call or email. And then we will reach out to you and we will surely try to help you on those things. That is all I have. I hope, do subscribe more. Because the topics of financial planning are not going on much. So, do subscribe and like the video if you like it. Have a great time, friends. Jai Hind..

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Retirement Planning: Are you Ready for Retirement? with Oak Harvest Retirement Success Plan

[Music] welcome to the retirement income show on Market Lane alongside the CEO and founder of Oak Harvest Financial Group that of course is Troy sharp Troy is a certified financial planner professional his team at Oak Harvest is incredible if you want to go to the website to learn more elk Harvest financialgroup.com Oak Harvest fg.com works as well a lot of great information on the website you can learn about Jared Kinney Ryan Kenny you can learn about Chris Paris Jessica canella the whole team there's just a phenomenal team Oak Harvest financialgroup.com and of course you can always go to the YouTube channel there's over 300 videos on there about any topic you can think about in the financial world the retirement world uh it's phenomenal and there's no cost you subscribe you'll know when all the new ones are out but there's no cost to any of that YouTube check out Troy sharp and Oak Harvest Troy's office located at 921 oral City Way I-10 and Bunker Hill they they are here for you if you need help they would love to help they just don't know if they can help until you reach out and you can do that just by giving them a call 800-822-64-34-800-822-64 34 today we're going to be talking the retirement success plan Troy is going to explain what this is and it's the process so it's about investment planning income planning tax planning health planning Estate Planning and they all go together Social Security and Medicare are in there as well you know you've done this for a long time you sat down with a lot of people so you kind of understand the common mistakes the common things that we Overlook as well this will be good going through the retirement success plan how are you going to inform us today of this retirement success plan well just like we have as humans we have basic needs right we have that hierarchy of we need shelter we need food we need security in retirement or once we get to retirement people have their the same concerns the same questions we all have the same let's call it fears do we have enough you know can you retire when can you retire how much can you spend when you do retire without the fear of running out of money we all want to pay less tax right the government can get their fair share but not a not a penny more and whatever that fair share is it's it's defined differently based on your plan so if you take the government's plan there they want to get as much from you as possible and the tax law is set up in a way that if you don't plan for taxes in retirement oftentimes we see people in situations where if they keep doing what they're doing 200 300 500 800 we sat down with a client prospective client recently and we're doing this analysis it was well over a million dollars in taxes if he kept doing the his way of things the way that his advisor had him doing it in regards to his income plan and tax plan and retirement well there was no tax plan obviously but his income plan was going to lead create this domino effect of his tax bill being over the course of time over the course of 25 years over a million dollars in estimated taxes that he was going to pay that he simply didn't have to pay if he went about a different approach the approach that I'm going to talk with you about today as far as step three of our retirement success process the tax planning aspect so just like we have basic needs as human beings we have basic concerns when it comes to retirement and we've created the structured process and that's the beautiful thing about the retirement success plan is it's a plan that is something that is actionable but it's also living and breathing it's something we will review with you throughout the year once you're a client but it's also a process and we believe in structure here we're really big on structure and process and that keeps us organized that keeps us on schedule and that keeps us ahead of the planning curve in order to do the things that we promise for everyone that's entrusted so much to us and I'm talking about your retirement you worked for 30 years 40 years 50 years in some cases and you save up whether it's five hundred thousand dollars or five million or 50 million you need a team of people that of course are knowledgeable but before education and certifications and designations and training and experience first and foremost you need somebody that cares okay if you start there with someone that's a fiduciary and not just you can be a fiduciary and still do the wrong thing I've seen it for years in the industry where fiduciary advisors still sell mutual funds that have high fees and commissions and they can make justifications for why they're selling them or why they think you're they're in your best interest I don't believe that they are personally um we would never put someone into a mutual fund that is charging a five percent front end commission and then you know has two or two and a half percent of hidden fees and we've seen that for for years coming from fiduciary firms fiduciary advisors so you start with from Ground Zero are you working with somebody who truly cares who's truly passionate about retirement so with that philosophy in mind that's the foundation of of what we look at when we hire people here at Oak Harvest Financial Group you could have all the designations in the world all the education all the experience but if if you're arrogant if you're not humble if you're not hungry if you're not continuing strive to be continuing to strive to be a better person we don't want you to work here because that foundational element do you care about the people that you're working with on a human level if that's not there then you know we don't want any part of that type of person I don't care how much you produce how what the metrics are when it comes to how we measure advisor performance so that's the foundation now once you have someone that cares you want a structured process in place to deal with those big questions that you have the big concerns that you have so do you have enough yet it's not just a yes or no question it's a function of how much do you spend what is your health situation if you're healthy yes of course you're going to live longer most likely but are you planning for the increased medical costs in increased probability of needing long-term care or Assisted Living these are aspects that healthier people do have to absolutely be concerned about those that are less healthy it's less likely you're going to have a two or three year four or five year stay in a long-term care facility or need nurses in the home so when we talk about do you have enough and can you retire these are all the answers to those questions are function of how much do you spend what is your longevity what is your health situation your of course your family history um but not only that it's what are we doing with the other aspects of this process meaning the income planning side the tax planning side what about the health care side you know are you retiring before Medicare do we need to look at some type of Health Care planning that qualifies you to receive a subsidy so you're not paying two thousand dollars a month for both spouses for health insurance that maybe we get it down to 400 a month or 600 a month or maybe no out-of-pocket costs whatsoever for health insurance premiums you can do that with proper planning but you need the right type of asset structure meaning if you have all your money in retirement accounts this is where tax planning comes in when you take money out that goes on to your 1040 your tax return and then you probably aren't going to qualify for as big a subsidy as if you had money saved and non-ira accounts so this the structuring of income planning tax planning Health Care planning and then of course the estate side of things this is all what the oak Harvest retirement success process the retirement success plan is and that's what you receive when you become a client it is a very clear and structured process that we go through but then it's also a plan that is living and breathing and we're making adjustments as time goes on tax law changes economic conditions change goals change your spending levels will change it retirement is and we've only learned this you know from years and years of experience the best delayed plans we can't just set him and forget them you know plans need constant monitoring just like a plant or a garden or you know a human being so the retirement success process we're going to get into today to to today we're going to focus on the first three steps the first step is risk management and investment planning next step is income planning so income planning is social security when do we take that it's not just based on the math which it does play a role but when we start to look at are you a conservative investor okay versus an aggressive investor investor that plays into the Social Security election decision of course your Health and Longevity plays in market conditions okay are we in a recession when you're thinking about taking social security are your accounts down 20 30 percent or did we have a really really good year last year and it looks like we're gonna have a good year this year all of these factors kind of tie in to that income planning component as well as many other we're going to talk about and then the big one we're gonna we're gonna get into is tax planning that's step three of the retirement success process and when you start to understand that retirement is a set of dominoes when you're young you work you put the kids through school you deal with traffic you deal with bosses you deal with if you run your own business all the headaches that come with that you deal with so many different things money is really really simple it's life that's complicated in the accumulation phase once we get to retirement now life gets a little bit more simple it's the money it's the decisions you have to make and the realization that every single decision you make how you invest the portfolio impacts not not only how much income you can take today but how much income you can take down the road the sequence of returns risk based on how you've invested sequence of returns is if the market goes down and you're also taking money out you exacerbate that downturn in the market because there's no paychecks coming in you're you're pulling money out and losing in the market so these decisions every single one that you make it's a domino effect it impacts everything else it impacts the tax plan it impacts the income strategy can impact the health care it can impact absolutely the estate plan so we walk you through this process so we have a plan in place we call it the retirement success plan and the goal is for you to have security first and foremost but what I find most often is the outcome is that people feel more comfortable they feel more secure and they're able to enjoy retirement a bit more because they've they have a plan in place that addresses all these certain needs but also through the continual monitoring and adjusting and conversations one thing I love about our process is when someone comes to us and we have that first meeting where it's just get to know you you know no pressure no obligation no cost we get the information we do an analysis between that first and that second visit and then when we come back on that second visit you actually get to see what it's like to be a client at Oak Harvest Financial Group because that second visit with us we're starting to go through the foundation of a financial plan we're starting to discuss the decisions that you have to make not only this year but in the future so that's almost exactly what it's like to have an annual review with us or a semi-annual review with us so I love that about our process is that you get to see before you ever decide to become a client what it's like to actually be a client when we have up on the big television screen all of the information the choices you have to make the impact of making different decisions how it impacts your taxes how it impacts your income how it impacts your account balances when we do a sensitivity analysis and and show you okay this outcome in the market and this outcome for income decisions versus this one here are the possible outcomes for those choices and that those combination of choices so you get to see what it's like to actually be a client just through our normal process of going through that first second and third visit with us many Engineers it takes a little bit longer than that sometimes it's four or five visits but our goal is to Simply provide value we want to make deposits in your life we want to provide value and you know people see that value and they say you know what I think you guys could be a great part of my financial team my retirement team and yes I want to work with you Troy so if that's you if you don't have a retirement success plan if you don't have a tax plan income plan if you don't understand the guard rails what I'm going to get into in this next segment as far as risk management in retirement give us a call we want you to leave a message there's no one here working on the weekends if you're watching this on YouTube if you're listening to this later and it's during the week sure give us a call someone will pick up but we want to have a conversation just to see what's important to you who you are if you're a good fit for what we do and of course you can ask questions to see if we're a good fit for you and then we'll schedule that first visit there's no cost no obligation we can do it through Zoom we can do it in person at the office right here at I-10 and Bunker Hill in Memorial City and that first visit we'll have a cup of coffee a glass of water and just get to know each other and if we are a good fit at that point we'll get that second scheduled we'll do the analysis that I talked about and we'll walk you through that retirement success process so you can have those big questions answered do you have enough can you retire and how do you pay less tax 1-800-822-6434 1-800-822-6434 Oak Harvest Financial Group check out the YouTube channel check out the website Oak Harvest Financial Group so when you think about this this is what I think you should really like about it it's you're working with the team at Oak Harvest for your retirement right to coming up with that retirement success plan you're the CEO it's your retirement look at Troy and the team at Oak Harvest as your Chief Financial Officer here to help guide you you're going to make the decisions they're going to give you the choices right and it's up to you because it is your retirement it's your hopes and dreams your bucket list and all of that it's really important though that they understand your feelings your thoughts your hopes your dreams it is about you so you've got to talk to them and they're here to listen and they're here to help again that number is 800-822-6434 risk management how important is it what actually is it Troy we'll explain when we come back this is the retirement income show with Troy sharp out of Oak Harvest Financial Group back right after this investment advisory services offered through Oak Harvest Financial Group LLC Oak Harbor's Financial Group is an independent Financial Services firm that helps people create retirement strategies using a variety of insurance and investment products investing involves risk including the loss of principal any references to protection benefits or lifetime income generally refer to fixed Insurance products never Securities or investment products insurance and annuity product guarantees are backed by the financial strength and claims paying ability of the issuing insurance company Oak Harbor's Financial Group LLC is not permitted to offer a No statement made during this show shall constitute tax or legal advice you should speak to a qualified professional before making any decisions about your personal situation we are not affiliated with the US government or any governmental agency this radio show is a paid placement foreign [Music]

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60 Years Old and Nothing Saved for Retirement – Top 12 Recommendations

moshi journal of the war about version 5 and her dick or nothing save time and in this video i will give you my top 12 recommendations from to gather épisode and the phoneshop s line my name is lynn mines and today we're talking about how you so I you're getting only star junior with over fifty with that over fifty5 maybe you our die in your sixties and now I have little or no 10 series time it i'm going to give you 2 tbsp specifics you can your original is concern there's no de jorna loon and it's never too late many people a coaching time lady finance even in the situation where we have the timing so stupid now arjan yourself in the beginning inge you where you were young just can't get by make and smeet more history family of chipper tells us times is a medium and helps and must collins take the pan yourself fit the sun tremor sixty thumping when in more detail with your juice at lower netting seyfried time and of course start in early there is a storing late but you can make up Alaska hands and math eyeshadow in situations unique and what works for one person may not work for another for coastal regions with the Parisian this video is the ghibli some practical ideals and strategies to consider this there can make a very big difference to you in your goal detail majors number 2 tap in the toori of your situation and then for your timeline that you already have the passado de is how shampoo pure fifty five singlet hero that had ten years before your sexy woman and 14 use the force that you can campus aladdin 14 years old and earth 3 vai dealers bart herbed be focused in that can we have plans at in the greatest az is your building churn and income that have income or the ability to become i can there is your goals english is not about how much you earn is what you chi the mathers new be surprised with him the people with high income i am super icons the wrapper elearning c at the front you'll be surprised at how many people with barry but is it war incomes have surprising the size ball to the ponies alice ivory terms and they financial planner eyes i head in the spectrum and him force me to the moon and more the natural tennessee is to spend more the global fund yogis and there you have to use your browser necessary expansions we already bread igor inputs and leslie protest you the cancer your channel effectively protest with old plans in moscow color go recommendation numbers 3 is 10 million numbers in economies way glowing you don't want your card in flow and url flow the income and expenses the calving budget through budget is to work parking were many people feel like folding budget is even though he has the you a bit suggest that you change through you want a lot budget of this chickens the the learns that helps keep it simple in a simple traces this is t still a nice way going nb controlling nice way glowing knowing you manage there you have to do a major a bit of the beak you often in thatcher fray recommendation number for completing journey they spend in arnhem with commitment to check all here tension quarter idea for what of the next perfect and min truck every penny you can simple idea what the pc' pepper donor come together or if you like i can download spending a dead spreadsheet the week savior it is very simple harpel toe an excel spreadsheet designed with purpose it free download and there is a link in the description below then I had a garden but my deesje number five is nipping the bud back online now I have to have color that is a bucket of income Camille and wedges Gillingham someone who will be empowered to make some changes the girl with me for middle what would be like if you were able to all your income or in other words i had no expenses there already fine and zeros the snowfall wants is thing you sent with your kids and corn oil in best oil that can be put in there someone for the nex-5t and 14 hours how much of nfc can you use your kimeli i would be a significant amount of money you should just think brain recommendation number sex this is the great and pink outside the box' the monsieur with your personal story but wait after bad guys mother pork royce duns with the laitman i did not prevent from being married and wooden awww man by professor locking must contain you won't you make and slammed and my new be challenging to be white and were determined to face life's challenge is what have they may be together have us leather yes we quiet small the finish my schooling and and there was also a full-time mother in singapore my and who weatherman etc to buy pearls you have to nemaattori in which comics people's saving 1 hour marie are to us in possible this is where we share the great if my biggest expence was rather fmri buddy we start to think boys republic loses when we get older and someone moving in with parents with the waif into small children and this point was after the bible option borsato time but we were determined to find a way to fool cycles likes people's so had to oil brainstorming my wife the BBC note the cursor church ring and she love to visit and care for elderly people save him from when in the elderly people there or in arcen who live in her home alone but he brings the point where can I assisted living and promised him and walked into a system care provider call when this weekend find someone there would be okay in the care provider game with the nekberghe into small chill you should never have anyone doing anything like this before I decided to take two mothers, in theory it is not acres of course this was washable before the Joline and anyway Glenn in there in the classroom white section to local newspaper who were surprised to see paths have that and Kohl's of people looking for loving care providers for the Cairns region billion more than one will be a rapper who with the first internship family Michel Nabertherm and in the film about who was new in elderly managers nine who are here three scraper from the strip company such a process and are now immediately since i was a barry k instrument the absolutely chill me you guys inside toe story home is the goal john their upper room and board we persisted full basement where films in refrigeration all utilities and my life was able to the shopping there is through and provide the not the care and they also peter siks to that per month additional the green office for and minimal when in love for the us complete guangzhou and sultry amical him only two in my wife's arms my i'm so my work this experience was a more photos on tags mother able to dry cycles so ark spencer's and even inc research then you have when you have to set it forward denpa one has to have brother first even the meteo another creative at work story and couple in sixty one very little c free time by a thousand glasgow and well it is in can was do you want that sylla bolhuis entire career day a creative and create aggressive client to do love them to reduce turkish patches bonnie lies and that person first rebirth desolder iphone how the plants downsizing santing was expensive to measure in d axl in blood in a world order good working part-time radiation the joris school and taking care for two worlds to that archer and her beds sharing to the chances and providing their father and son for the stereo period in t league dark gray coach the little one helps immensely because of that is sure of pain patient care and newer etc and that person or drink or two you could this was a big boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh boy oh my dough is in the cell and the workbench is there through the gates the age of 16 5s am that arbitrary their the advertisement wiser the plague this was my social security designated the full of time 161 5 is the moment the camel is want medicare prepared the sweet this would be tender how they live single in long Canadian and seven d is the new sixty-five we want you longer and that as the you or your spouse winter nineties and pianists cisticola hi hi er de may be putting the ship live the life you might be cross minnie beebe wants nme people in their voice and i still working sam micro sd not the income else because they eat simple in joy working in samsung not uncommon for a person to retire political board and to go back to work dear cousin oil pt if you will italian the media kühtai er from the wine and findi control idea of ​​tai chi chuan sint in de us better no ikke star the site has a small business or Samsung of the media budget that was there in future episodes and the Easter shop s line the plan back track mini on the procedure is the you could consider hats another reason why am I would consider subscribing to this channel you have a recommendation number is called the lion styling socials curry benefit's je keyword longer you're able to the lego scribes sander this can increase the size of the features of three benefit's in a link boys what is your had longer and burning history the youtube app storify earth delivery here the to work can make a big difference if we now the reader jury benefit's beyond for him agree you also can earn the darcy types of life timing grads the size of your social benefits can be much a larger my what you do is that you do n't want to have the good social studies trying to better understand our social security de lions time and credit work and for a customized social studies strategy presses live for you and i can go to social security line thanks to humor committee recommendation number name is john try physical and mental half that satin cherry lifestyle list you the soul and the soul we bring the youtube and ashoka's times in physically and mentally fit maybe the most pointing you can take your time and we fill the new ipad you will have more energy you will and send your ability to work longer and to earn longer the benefits and exercise and the help of a church documentation number 10 is the haafidh 14 yourself a lot in your future the Muslim program 14 god gray and amazing things kabir kampen list aldo and meeviel roaming and even in possible that thing is a possible yo and more people and you think you're stronger than you think your mark reason that I think in your child your heart drinks you can overcome in a challenge to you for your mind 2l and Disclose of halloween there wilcox there is no chance no destiny no fact that a circular or nuisance or control the family room of that term a solo house inc your team live in Rijswijk and wayside DVD and you programmer penetrate from your bed show more you can series b there is 0 chads no destiny no fact that incident or hinder or control the cinema have that term and so recommendation eleven is the never stop learning the caribbean form and good books you have the number weather widget my bible on by george glitchen avatar der that along when we see 10 king bridge in the poll in very bizarre motivational a sparing angry am already you ca n't lean was bummed best be so a universe alone there a porn touch religions when comes to actually saving you fire a rat race for my kees with ketchup contributions and have all those videos the goal indeed that when CDA Lyceum in the most active Chile plausible and new of course will be wise in all-wheel of the people who left together the box that Redman in description below environments and 12 is the overflow you have a strategy Aramis Aegon reconversion mortgage it is a time rather in the morning that does not allow the needs to change the renewed hypes or rather in the morning the app more options and more flexibility in the queue the building fifty percent and King Johan and new loses a sixty-two that gate and in a purely morgens payments so I think there is a lot of humor morgens payments you may also be able to establish a tax free stream income the social media tyme come and get to the time in this video to go nobody yourself you can le morvan my book in chernaiev i only online those managers on the fences it is how a strategy cleo public gamechanger pio in your timing you have the toilet in my book while volumes on the books style the holistic time and prime revolution i can also just by the amazon search online a lame arm and your van de bin this is like rats link in the description below so you learn have my god of recommendations if you about fifty five and him just thing super terms definis par des video beneficial have the runs and oh please add a comment dumbell lo domino what sterile and actually to see your in the next episode or the financial pipelines [Music] [ Applause] [ Music] [Applause] [Music]

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Retirement Speech: Insanely Easy 3 Step Structure

whether we have to prepare for it or if you have to improvise there's a very simple framework that we can follow when it comes to delivering a retirement speech let's get into it hey my name is radeep and i love learning about effective communications and sharing those learnings with you so that you can level up your communications game as well okay now the framework we're going to talk about very very simple the past present and future that's it we start by talking about when we first met them we felt at that time we then move on to talking about how that journey has been so far and what we feel about them now and then we move on to saying what we wish for them in the future that's it an example would flow something like this i remember the first project i worked with you on when you first joined to be honest we didn't get along very much in those early days but as we worked more closely i got to know you more not just as a colleague but as a friend and from not wanting to work with you from that first project to looking forward to having you on every project the only thing i'm going to miss more than your work ethic is your wacky sense of humor i remember you telling me how you always wanted to travel every country in the world now i hope you get to achieve that and take another great adventure off from your bucket list that's it whether we have to prepare or improvise this framework can work in almost any situation and if you want to be a little more interesting we can make this format a little unique for example we can get a few colleagues together and create a fun skit for that person or we can create some sort of video to showcase the memories or the journey that that person has had and that's about it a very quick and short way to help you give a damn speech and if you want an in-depth explanation along with a much longer sample speech we've written an entire article on this which is linked below and go check it out on franticallyspeaking.com and if you're somebody who's very nervous about speaking in front of people and want some advice on calming those knows you can check out this video right here

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3 Steps to a Self-Directed Precious Metals IRA

The three steps to opening a self-directed precious metals IRA. A self-directed IRA enables you to go beyond traditional asset categories and choose alternative assets such as precious metals with a self-directed precious metals IRA, also known as a gold IRA, a custodian buys and holds precious metals on the account holder’s behalf. A self-directed precious metals IRA can help you achieve portfolio diversification and help protect you from economic and inflationary fluctuations. Opening a self-directed precious metals IRA account is easy with U.S. Money Reserve. Step one: Open First contact one of our trusted account executives. and let them know you're ready to open a precious metals self-directed IRA. Once you have contacted an account executive, you will need to complete the required application. Following the completion of your application. Step two: Fund This process involves either a transfer form or a three-way call with your current custodian.

Your U.S. Money Reserve Account Executive will help you do this. After you have taken the appropriate steps to fund your self-directed precious metals IRA, there will be a short waiting period while your funds are finalized. Step three: Secure Once your self-directed precious metals IRA is funded, your knowledgeable U.S. Money Reserve Account Executive will then help you select your inventory. There are certain bullion products that are eligible to be held in a self-directed precious metals IRA account. Some of these products include gold and silver American Eagles, Philharmonics and and Canadian maple leafs. In addition, one can buy gold Australian kangaroos, gold American buffaloes, and silver Australian kookaburra. There are also various gold, silver, platinum, and palladium rounds and bars that are eligible. Once the inventory is selected, Your custodian will handle the payment and ensure that the funds are processed. After your custodian has insured payment Your precious metals are safely delivered to an IRS approved depository of your choosing as the IRS will not allow you to possess the physical metals while they are held in the IRA.

Setting up a precious metals IRA account has never been easier. With U.S. Money reserve, the process is streamlined and anyone can have precious metals within their self-directed IRA account in a matter of days or weeks. Call U.S. Money Reserve today with any questions you may have about a self-directed precious metals IRA. and work with one of our highly trained IRA Account Executives to select the right gold and silver products for you. Click the link in the description to request your free, precious metals IRA information kit. It is full of everything you need to know about getting started on your self-directed precious metals IRA today. You need to know about getting started on your self-directed precious metals IRA today.

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Silver and other precious metals IRA

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The 4 phases of retirement | Dr. Riley Moynes | TEDxSurrey

Transcriber: Zsófia Herczeg
Reviewer: Peter Van de Ven Everyone says you have to get ready
to retire financially. And of course you do. But what they don’t tell you
is that you also have to get ready psychologically. Who knew? But it’s important
for a couple of reasons. First, 10,000 North Americans
will retire today and every day for the next 10 to 15 years. This is a retirement tsunami. And when these folks come
crashing onto the beach, a lot of them are going to feel
like fish out of water without a clue as to what to expect. Secondly, it’s important
because there is a very good chance that you will live one third
of your life in retirement. So it’s important that you have
a heads up to the fact that there will be significant
psychological changes and challenges that come with it.

I belong to a walking group
that meets early three mornings a week. Our primary goal is to put
10,000 steps on our Fitbits, and then we go for coffee
and cinnamon buns – (Laughter) more important. (Laughter) (Applause) So as we walk, we’ve gotten into the habit
of choosing a topic for discussion. And one day, the topic was, “How do you squeeze
all that juice out of retirement?” How's that for 7:00 in the morning? So we walk and we talk, and the next day,
we go on to the next topic. But the question stayed with me because I was really having
some challenges with retirement. I was busy enough,
but I really didn’t feel that I was doing very much
that was significant or important. I was really struggling.

I thought I had a pretty good idea of what success looked like
in a working career, but when it came to retirement,
it was fuzzier for me. So I decided to dig deeper. And what I discovered was
that much of the material on retirement focuses on the financial
and/or the estate side of things. And of course, they’re both important
but just not what I was looking for. So I interviewed dozens
and dozens of retirees, and I asked them the question, “How do you squeeze
all the juice out of retirement?” What I discovered
was that there is a framework that can help make sense of it all.

And that’s what I want
to share with you today. You see, there are four distinct phases that most of us move through
in retirement. And as you’ll see,
it’s not always a smooth ride. In the next few minutes, you’ll recognize
which phase you’re in if you’re retired, and if you’re not, you’ll have a better idea
of what to expect when that time comes. And best of all, you’ll know
that there is a phase four – the most gratifying,
satisfying of the four phases – and that’s where you can squeeze
all the juice out of retirement. Phase one is the vacation phase,
and that’s just what it’s like. You wake up when you want,
you do what you want all day. And the best part
is that there is no set routine. For most people, phase one represents
their view of an ideal retirement. Relaxing, fun in the sun – freedom, baby. (Laughter) And for most folks, phase one
lasts for about a year or so, and then, strangely,
it begins to lose its luster.

We begin to feel a bit bored. We actually miss our routine. Something in us seems to need one. And we ask ourselves, “Is that all there is to retirement?” Now when these thoughts and feelings
start to bubble up, you have already moved into phase two. Phase two is when we feel loss, and we feel lost. Phase two is when we lose the big five – significant losses
all associated with retirement. We lose that routine. We lose a sense of identity. We lose many of the relationships
that we had established at work. We lose a sense of purpose. And for some people,
there is a loss of power. Now, we don’t see these things coming. We didn't see these losses coming in
because they happened all at once. It’s like, poof, gone. It’s traumatic. Phase two is also when we come
face to face with the three Ds: divorce, depression and decline – both physical and mental. The result of all of this is that we can feel
like we’ve been hit by a bus.

You see, before we can
appreciate and enjoy some of the positive aspects
associated with phase three and four, you are going to, in phase two, feel fear, anxiety
and quite even depression. That’s just the way it is. So buckle up and get ready. Fortunately, at some point,
most of us say to ourselves, “Hey, I can’t go on like this. I don’t want to spend the rest of my life, perhaps 30 years, feeling like this.” And when we do, we’ve turned the corner to phase three. Phase three is a time of trial and error. In phase three, we ask ourselves, “How can I make my life meaningful again? How can I contribute?” The answer often is to do things
that you love to do and do really well. But phase three can also deliver
some disappointment and failure. For example, I spent a couple of years
serving on a condo board until I finally got tired
of being yelled at. (Laughter) You see, one year the board decided
that we were going to plant daffodils rather than the traditional daisies. (Laughter) And we got yelled at. Go figure.

I thought about law school,
thinking perhaps of becoming a paralegal. And then I completed a program
on dispute resolution. It all went nowhere. I love to write. So I created a program
called “Getting started on your memoirs.” That program has met
with “limited success.” (Laughter) It’s been a rocky road for me too,
and I told you to buckle up. Now, I know all this can sound bad.

But it’s really important to keep trying and experimenting
with different activities that’ll make you want
to get up in the morning again because if you don’t, there’s a real good chance
of slipping back into phase two, feeling like you’ve been hit by a bus. And that is not a happy prospect. Not everyone breaks through to phase four, but those who do
are some of the happiest people I have ever met. Phase four is a time
to reinvent and rewire. But phase four involves
answering some tough questions too, like, “What’s the purpose here?
What’s my mission? How can I squeeze
all the juice out of retirement?” You see, it’s important that we find
activities that are meaningful to us and that give us a sense
of accomplishment. And my experience is that it almost always
involves service to others. Maybe it’s helping a charity
that you care about. Maybe you’ll be like the old coots.

(Laughter) (Applause) Yeah. These folks took a booth
in the local farmers market and were prepared to give their advice
based on their vast years of experience to anyone who came by. So one of their first visitors was a kid
who wanted help with his math homework (Laughter) on his tablet. (Laughter) They did the best they could. Or maybe you’ll be like my friend Bill. I met Bill a few years ago
in a 55 plus activity group. In the summer, we golf together
and walk together and bicycle together. And in the winter, we curl. But Bill had this idea that we should exercise
our brains as well. He believed that there was
a tremendous pool of expertise and experience in our group, and so he approached a number of folks and asked if they would volunteer to teach some of the things
that they love to do to others. And almost invariably, they agreed. Bill himself taught two sessions, one on iPads and one on iPhones, because we were smart enough to know
that a number of our members had been given these things
as gifts at Christmas (Laughter) by their children, and that they barely knew
how to turn them on.

The first year, we offered nine programs,
and there were 200 folks signed up. The next year, that number
expanded to 45 programs with over 700 folks participating. And the following year,
we offered over 90 programs and had 2100 registrations. Amazing. (Applause) That was Bill. Our members taught us
to play bridge and mahjong. They taught us to paint. They taught us to repair our bicycles. We tutored and mentored local school kids. We set up English-as-a-second-language
programs for newcomers. We had book clubs. We had film clubs. We even had a few golf clubs. Exhausting but exhilarating.

That’s what’s possible in phase four. And do you remember the five losses
that we talked about in phase two? The loss of our routine and identity and relationships and purpose and power? In phase four, these are all recovered. It is magic to see, magic. So, I urge you to enjoy
your vacation in phase one. (Laughter) Be prepared for the losses in phase two. Experiment and try as many different
things as you can in phase three, and squeeze all the juice
out of retirement in phase four. (Applause).

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Episode 2: Income Planning in Retirement part II

Joshua Klooz 0:00
Welcome to the wisdom and wealth podcast. I'm your host, Josh Klooz. Each week, I'll be leading a series of conversations
with our team here at Carson wealth, which are designed to equip our listeners with the
helpful insights necessary to simplify the critical decision points of life. We believe that true wealth is the thing Money
cannot buy, and death cannot take away. Furthermore, we also believe our calling is
to enable others to fulfill their own. And to that end, we end up Welcome to part two of my discussion with
Sarah Dewey, from our Trust Services team and Scott Schlossman. From our accounting team, today's discussion
focuses on keeping in mind your income tax bracket at retirement RMD, age of 72, and
the tax brackets of your heirs who will be absorbing your qualified accounts over a 10
year period that is often in their peak earning years. Welcome back in what I've experienced from
my side has been, you know, clients typically when I when I when I put hard math behind
it and say, Hey, this is this is obviously tax laws can change your state laws can change
and investment returns vary, but would you be okay with this amount of money going to
the IRS and this amount of money going to your kids and basically bucketing that and
saying, Okay, if we make these minor tweaks, it changes your not only your marginal tax
bracket, but your average payment 1%, you know, over the lifetime, or just basically
moves move the needle? Does that make you feel what does that make
you think, you know, would you would you follow that? And typically, that's that's far more compelling.

But I guess, you know, maybe that's just because
I'm a numbers guy. So I don't want to bore anybody with you raised
the question of beginning with the end in mind, and I think a lot of planning is done
with, you know, with that not in mind, to put it charitably, right? And so I don't I don't know how else to given
the this changes with the secure. I don't know how else to the handle that then
to begin with that.

And just say, hey, you know, we know for a
fact that things change. But given given your trajectory in life, this
is what could happen. I'd be curious for both of you all's feedback
to me. When should I be having that conversation
from a wealth planning perspective with a client, as far as they've done a great job
saving? But when should we take a little bit off the
table from a qualified perspective? And you know, because the traditional thought
process was the for everything you possibly can into a qualified account, from your perspectives,
what should I be keeping in mind? And starting to diversify that outcome, whether
it's, you know, trying to get them to do Roth roles, whether it's trying to get them just
to save more in taxable accounts for CAP gains perspective? What have you, have you seen success? And a good a good process there? Is it just a constant dialogue between us? And Scott, go ahead, jump in on on this, if
you don't mind? Scott Schlaufman 3:24
Yeah, I mean, you know, it's one of these where the more I learned about it, the more
I think, you know, I feel like, it's always tricky, because, like, I'm in my 30s.

And, you know, I can look back to when I was
in my 20s, and be like, Man, I wish I had done certain things from a, from a, you know,
from a wealth management standpoint, because when I was in my 20s, when you're in your
20s, you wanted to spend everything you have, and, you know, you don't think about that
retirement element, or what vehicles you're using, whether you're thinking about contributing
to a Roth, whatever. And so, you know, I guess my my answer is
almost Well, you know, to me, it seems smart to start thinking about it early, start thinking
about, you know, how am I going to see this money actually come out of these accounts? Because with I feel like, when I was talking
to a couple of people around here yesterday, and with when we're contributing to IRAs,
especially, we think of it as well, it's coming out on my paycheck, and it's not going to
be you know, that portion of my paycheck that I put into the IRA isn't going to be taxed.

And really, that's almost misleading in a
way because when we think about RMDs, what this really is about is kind of the pendulum
swinging the other way, if you will, where the RMD is, when like, fundamentally when
you put your money into an IRA account, what it does in that IRA accounts is it says Is
there and it gains value. So you start putting in money at 30, or whatever
it may be, that money is going to gain value, whether it's through capital gains, dividends,
interest, it's going to sit there and gain money until you pull it out. And throughout that whole process, as it's
gaining money, you aren't being taxed on that interest, you aren't being taxed on the initial
contribution. And so really, what this kind of comes down
to is the when you're pulling, the IRS eventually wants you to pull that money out, because
you haven't been taxed on it for a lot of years.

And so really, this RMD, it comes down to
listen, you have all this money sitting in these Ira vehicles, we want you to take it
out, we want you to take it out. So we can tax it. So you can maybe have a little bit of fun
with it. And so going back to the original question,
the sooner you can think about Okay, listen, this is going to be taxed at some point.

What can I do with it? How can I, even if even if it's going to be
taxed? It's almost How can I control that? Joshua Klooz 6:03
Yeah, and it significantly limits, the more you have in that qualified account, it significantly
limits your ability to gift in certain ways based off of the tax restraints, Sara what
what would what would you say, with regard to kind of the the balance of taxable versus
maybe even Roth versus qualified? From your perspective, what have you seen
given the changes that have been made? And I think part of the issue is that, since
the law just changed. We're we're moving everything into hypotheticals. Currently, there haven't been a lot of people
that have, you know, that have basically been burned by this scenario just yet.

But I think stories are going to come out
more and more, as far as like, Man, if I would have known that this tax law change would
have changed, I would have, I would have structured my wealth a lot differently as I was earning
it and saving it. Sarah Duey 7:04
Well, I think overall, Americans have so much and qualified plans, and it's usually, quite
commonly I don't have an exact statistic, but it's commonly the single largest asset
in somebody's portfolio. Just to think about, okay, what can we do
with that? And now that the secure Act is passed, no
longer are we deferring it and you know, oh, well, we can just stretch it for our children,
that's no longer available in most instances. So it's really about management is the smoothing
out of the income. And that's where the two of you come in from
the, you know, professional angle of your your expertise, how can we smooth out this
income tax liability going forward, given the fact that, you know, we have this huge
asset from which we are required to take you know, income from and it will be includable,
on our tax return.

So, you know, getting in advance of that,
and thinking about alternatives. You know, whether the rust continues to make
sense, whether it even makes is available to you, if you're a certain earning stage
of your life. So, as Scott was alluding to earlier, the
sooner the better, I think that you can start thinking about it. And working with a professional to help you
plan all that is makes a ton of sense. Yeah, Joshua Klooz 8:26
absolutely. And again, I go back to there's probably not
a right or wrong answer. For everyone, right. However, I, I believe my calling is to enable
others to fulfill their own and I want them to derive as much joy and happiness as they
possibly can from the time that they've exchanged for their wealth.

And so I am yet to run into the client, though,
that that doesn't believe that they can allocate their earnings better than the IRS can write. I just have it maybe maybe I will find someone
someday. But I, you know, I don't think I'm going to. With that in mind, I think it's also important
that clients realize that their heirs will have 10 years to distribute these funds after
they have passed. So you can imagine the scenario in which your
heirs are in their peak earning years and have to absorb all this other income at regular
income tax rates. So from a tangible perspective, what would
an additional 100 or $200,000, do for your heirs income tax brackets in those 10 years
that they're absorbing these resources? How much would they be paying in regular income
tax? This is definitely something that you need
to keep in mind and plan for.

The next piece that I would look at too, from
a from a Roth four on K perspectives, and it's got I'm curious for your perspective,
your traditional model is been, you know, early early in your career contribute to the
Roth 401. K, you know, because it just became available
not long ago, but you know, given that contribute to that. And then once your income gets into those
higher brackets, then you toggle over to a traditional 401k. More and more, I'm curious, if there comes
a point at which, you know, you're, you're better off just just moving back, depending
on, you know, obviously, your arbitraging tax tax brackets, but are you experiencing
clients asking you prior to retirement? Are they asking you those questions? Scott Schlaufman 10:49
You know, so far, honestly, we haven't seen a lot of it.

But I think, you know, especially, you know,
as the laws continue to change, I mean, we've talked a lot about the secure act, and even
now, more and more RMDs. You know, the RMD age may continue to go up
there is legislation. So, you know, I think, you know, it's tricky,
because with so many laws, it's, you know, it can so many potential laws, I guess I shouldn't
say, you know, there's always that possibility of change. It's hard, feels like it's harder and harder
to kind of, you know, come up with a strategy that's going to be valid for you know, 510
years down the road, but yeah, yeah, exactly. When we have them personally. We're trying and that's, you know, I think,
you know, so many so many situations, it's hard to, it's hard to really come up with
one good umbrella for everyone because, but that's why we're all working together.

That's the great thing about you know, Carson,
having all these services now is we can really tailor everything we need. Joshua Klooz 11:58
Well, that is all for today. We appreciate your time and trust that you
are better equipped to steward both your wealth and your financial resources. If you have questions or suggestions for a
future topic, please direct those to info Houston at Carson wealth.com Thank you again
for joining us today. May you and your family encounter truth, beauty
and goodness in the room and The opinions voiced in the wisdom wealth podcast that advisor
and host are for general information purposes only, and are not intended to provide specific
advice or recommendations for any individual.

Past performance is no guarantee of future
results. All indices are unmanaged may not invest into
directly. investing involves risk, including possible
loss principle. No strategy assures success or protects against
loss to determine what may be appropriate for you. Please consult your attorney, accountant,
financial or tax advisor prior to investing securities advisory services offered through
esoteric advisory networks LLC, broker dealer and a registered investment advisor Member
FINRA SIPC investment advisory services also offered through CWM LLC, an SEC registered
investment advisor to Tara advisor networks LLC is under separate ownership from the other
name is Josh Klooz is a non producing Russia representative of security adviser networks
LLC. Our local address is 78 Hughes landing sweet
Fox Woodlands, Texas 77380. Generally, a donor advised fund is a separately
identified farm or account it is maintained and operated by section 501 C three organization
which is called a sponsoring organization. Each account is composed of contributions
made by individual donors. Once the donor makes the contribution the
organization has the control over it. However, the donor or the donor's representative
retains advisory privileges with respect to the distribution of the funds and investment
assets in the account.

Donors take a tax deduction for all contributions
to the time domain even though the monies may not be dispersed in theory. Transcribed by https://otter.ai.

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Early Retirement in Singapore.. How Does This Singaporean Couple Spend Their Days?

Hey everyone, we are back in Singapore! We love 
Singapore so we spend our time in Penang and   also in Singapore as we are so blessed 
to call both places our home. So how does   retirement look like in Singapore? I bet you 
what comes to mind at first is probably old people in a kopitiam drinking coffee, gossiping with 
their friends or they are just staying home   because Singapore is just so expensive 
right? You don't want to spend a lot of   money, especially when you're retired.

So in this 
video, allow us to take you to a journey on how   our life in Singapore looks like as an early 
retired couple. If you're new to our Channel   I'm Fran, one half of the Corporate Breakout 
Couple. Please Like this video and Subscribe   to our Channel so that you don't miss any of 
it and to our followers, welcome back!! [Music] Welcome to Toast Box! I do this every 
single morning ever since I got retired.   Just kidding! This is a traditional Singapore 
breakfast and we love having a breakfast like   this every time we're in Singapore. Singapore 
is a very hustle and bustle city so therefore   we like to slow things down and have a long 
leisurely breakfast at Toast Box and there's   hardly anyone around because they're all at 
work.

You know, the teh (tea) in Toast Box is really   good! Very fragrant and milky so we like 
to pair it with kaya toast and eggs. [Music]   Welcome to East Coast Park, one of our favorite 
haunts in Singapore. Fran and I spent a lot of   time, especially in 2021 during the lockdown, 
to come here and be connected to nature,   to go for long walks so that we can center 
ourselves and also get some exercise as well.   And because we are in a very peaceful environment, 
sometimes this is where we get our best business   ideas and our best investment ideas and also more 
than more often than not, Fran and I have great   conversations over here. This is one of my favorite 
spots to breathe in the fresh sea air and practice   my breathing exercises. These breathing exercises 
helps me to center myself and helps me to focus on   the day ahead. These walks by East Coast really 
benefited us in many ways from the fresh air   to the sun to getting exercise and it really 
helps to kick start the rest of the day.

[Music] Back when I was working in Singapore, I never 
ever took the bus because I was afraid I'll   miss my stop and waste time. Now I love taking the 
bus as I get to see the sights around Singapore. As   for me, I used to drive all the time. I have never 
really taken public transport for the longest time.   That was because I was always in a rush. Now I get 
to travel leisurely at my own time, at my own pace. Oh this is my favorite fish soup in the whole 
world. Really I'm not joking. It is so so good   and it's located at my workplace back in the past 
and each time we're in Singapore nowadays, I will   definitely drag John to eat a delicious bowl of 
goodness here. The place is so tiny therefore, it's   always impossible to get a seat, therefore we 
always come early. Yay!! We're heading to Duxton Hill for dinner and guess what? Behind me is 
Chinatown where our Hawker Stall used to be. We do come here pretty often because the food is 
really good.

So this is the place when we wanna eat really   nice Japanese food. There's a reason why we are 
here regularly at Mitsu Bar. Not only do they serve   up great quality Japanese food, they also offer 
fantastic promotional discounts which we'll share   with you later. We love this place because the 
seafood is always so fresh, the aburi sushi is   so tasty and the wagyu beef melts in your mouth. 
And the omakase sets are really worth it as well.   How much do you think a Japanese dinner like 
this will cost? Normally an eight-dish dinner   will cost around SGD200 for a setting like this. 
But for tonight's dinner, this is how much it costs SGD94.45. That's half the price. Why 
would you want to pay full price   for something, when you can get a 
great discount for the exact same   item? The deals are out there for you to 
grab it, just like opportunities in life.

Welcome to Haji Lane! John and I, we 
like to spend our weekdays here sometimes because   there's lots to do. My favorite bar is just 
down the street. There's lots of food, quaint little   shops, little shopping sprees to be had all around 
this Lane and you can literally spend hours here.   I've been coming to Haji Lane 
for years and of course, now I drag   John along with me as all my friends are 
unfortunately working during the weekdays.   Over the years, Haji Lane has blossomed into a 
myriad of quaint little shops and eateries. One   could really get lost for hours browsing through 
all the offerings. If you get thirsty or hungry, no   fear! There's lots of great eateries and watering 
holes to be found.

In the past, my friends and I   could spend hour,s all the way from lunch all 
the way till after dinner at Haji Lane alone.   Malls are a great way to escape the heat. You know, 
Singapore has so many malls. We literally can   spend a day in a different mall for a week, oh no, 
actually a month! So what do we usually do in the   malls on a weekday? Well the malls are huge so 
we usually clock more than 10,000 steps walking   around the malls, then there's shopping. You've got 
eating snacks, watching movies, playing pool.

The   list is endless. It's always good to get out of the 
house to see the latest developments of Singapore.   Singapore moves very fast so there's always 
something new. If you don't get out, how we know?   Because Fran and I travel so often, the money 
changers at Raffles Place are our best friends.   And I love comparing all the different rates at
the money changers for the best Forex deals. [Music]   Spending time with my parents, my siblings and their family in Singapore is a must. I really treasure this time with my parents in the   past. I used to spend only weekend dinners with 
them and that too, was rushed. Eat and go. But now I can   really have quality conversations with them with 
no rush in Singapore. Both John and I each have our   different sets of friends that we love to hang 
out with. I really love this group of friends as   they were the first friends I made when I first 
came to Singapore.

Getting to spend the day with   them is such a joy and it really warms my heart 
to have a friendship like this. While I was out   with my friends, John was having bro time over 
drinks. And of course, we also have mutual sets   of friends which we love to hang out with and have 
fun with, especially at dinner parties. As a couple,   we feel that it is always healthy to have separate 
group of friends and mutual ones as well. These   friendships are important to us.

As we grow older 
we treasure these relationships even more. [Music] [Music].

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Things We Wished We Knew Before Retirement

Well it's great to be with you all again it's 
another video day for us – It is – So things that   we wish we knew before we retired almost 
sounds like a country music song there Tina   – And I guess you must be feeling lucky 
today Norm – Oh yeah got my lucky shirt   on so because we're filming been to 
Costco – Got the great deals haven't we   – We have so one of the things that we wish we knew 
before we retired was how free it is how stress   free no longer having to get up and go through the 
morning ritual of preparing yourself to go to work   and being accountable to somebody else all 
day long it's wonderful to be accountable to   your own self and your partner that's it 
you're your own person and it's such a freeing   feeling and we saw that with Tina when she gave 
up work the amount of stress we hadn't realized   until a few years after retirement just how 
different she was she'd lost all that stress of   meeting quotas and all that good stuff – And I think 
I'll just add Norm that when you're actually doing   the job you actually don't think it is stressful 
you don't think you are under all this   stress until you stop it do something else and 
you think wow this is a lot better we like this   it's great so just being accountable to ourselves 
we love it don't we – It is totally life changing   – One thing that we do think is very important 
before you retire is you do need to have a   discussion with your partner as to what it is 
that the ideas that you're both thinking you   have when you're going to retire you do need to 
have some goals about, do you want to travel do   you want to garden or do hobbies do you want 
to stay home you really do need to have that   conversation to make sure you're both on the 
same page – I think it is it is important and   we hear a lot from some comments especially 
married women who are saying that their husband   their frightened the husband will get under their feet 
because he'll be hanging around all the time in   retirement but that really isn't the case – Not 
for us is it – We've been secure as a couple for   the longest time and retirement hasn't changed 
how we feel about each other and about what   our expectations of each other is it's not as if 
we've all of a sudden being locked up together in   retirement (no) so it is important to figure out 
what you both want out of retirement and to have   that discussion a few years before you actually 
do retire (yeah) one thing to bear in mind is   the first few years of your retirement you'll 
be your most healthy so just use that health and   strength that you do have in the early years 
to achieve some of the goals that you want   – Yeah and if you want to be traveling do it while 
you've got that – Don't think about traveling if   that's on your list just do it right away – Yeah 
absolutely and that's what we've done isn't   it when we retired we just traveled everywhere 
didn't we it was great – About two years before we   retired we had an inspector come to the house 
for I don't even remember what it was but it was   some form of home inspection that we had to and 
so we got chatting with him because he was a few   years older than us but not that much and he told 
us that he had a house very similar to ours that   he had sold and now he was living an apartment 
and he went through the whole process of them   and how they moved to the apartment and how 
it was such an improvement on their life   and it was something we'd never ever considered 
– This was big news to us wasn't it we never even   thought about renting an apartment – We had been 
homeowners since we were 19 years old so to rent   we had that preconceived idea that it was throwing 
money away but the more that we looked into it so   after he left the next couple of days we spent 
many hours thinking about this we did a budget   of how much it cost to keep our mortgage free 
home – Yeah crunched all the numbers – And what the   rent would be and if we had sold the house and it 
made more and more sense to us to sell the house   to downsize into an apartment bank the money 
from the house live off that as an investment and   that's what we did – And that's what we did didn't 
we – But had that guy not come to our house we might   never have come up with that idea – No because 
originally we had thought that we would just   buy a smaller house didn't we – That's right yeah 
– So part of our decision when we had actually now   decided that we were going to rent and we realized 
that would take care of we wouldn't have all this   maintenance and stuff like that to do we decided 
after we started looking at apartments that if   we moved to a cheaper area could we benefit by 
getting the same as what we wanted in an apartment   but would it cost us less money so the more 
we looked into it we did have a family member   who lived in a cheaper place so we looked 
at the equivalent of renting an apartment   in this new place and it was so much cheaper 
wasn't it Norm – Because we initially thought   we would just sell our house and stay in 
the same area so we started shopping for   apartments to find out how much they cost and the 
availability and we were pretty surprised that   at the expense of them but we were prepared 
to pay that (yeah) and then we came to a what   you would call it a small town that's cheaper 
(yeah) we came to visit a family member here and so   we started looking around at the apartments here 
and they were substantially cheaper about $800   a month cheaper than where we were initially going 
to – Yeah and not only that Norm there was a lot of   extras with it wasn't that we got there was 
underground parking and what else a swimming pool   – And laundry facilities in the apartment – And that 
was one thing the gentleman had told us he didn't   have on-suite laundry he had it in a laundry room 
so we wanted that – But coming to the cheaper town   it wasn't just the rents that were 
cheaper everything was cheaper   the Tina's hairdresser as we've 
said in the past was cheaper it just permeated everything so our budget became 
so attainable (yeah) by moving – That gave us a lot   more money to be able to travel didn't it because 
we thought if we can save money on a daily basis   and it worked perfect didn't it – It did it was 
great, take a look at that if you do have family   that live in an area that might be cheaper or 
just consider going not knowing anybody – No it's   like a new adventure isn't it a new chapter in 
your life because we've made friends here and   they don't have any family just here but they've 
made it a new place for them haven't they – A lot   of people have moved out of the big cities to a 
small town because it's it's far more conducive to   retirement (yes) and friendlier another 
thing that you really need to consider   is where your friends are going to come from 
in retirement because once you leave work   those friendships tend to wither away because 
the only common bond you have was your job   your workplace so we've never 
really had lasting friendships from   work colleagues they've always been outside 
of there so it's it's critically important   to continue looking for friendships in retirement 
and being outgoing and prepared to speak to people   Tina when we moved to this apartment building 
they did have a social room and they did a coffee   morning and so she would go down there and we 
found out so much information about the town and   businesses to use – It was great wasn't it – It was – It 
was kind of my mission wasn't it to find out   new information and to try and make new friends 
which we did and we made some fabulous friendships   – Well in particular there was one couple that Tina 
made struck up a friendship with and they in turn   have introduced us to another couple yeah and then 
they in turn have introduced us to another couple   so that's how it goes – Yeah so now we've got 
a group of really close nice friends that we   socialize with don't we – And the thing that we have 
in common isn't an employer it's being retired   – It is isn't it – It really is so don't be afraid 
of striking out to a new city a new town   because it's relatively easy to make friendships 
– Yeah you just have to push yourself out there   a little don't you and be confident to going to 
things and it's very exciting isn't it so we hope   that everybody is staying safe – And keeping 
well – Until the next time bye bye, bye bye

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Gold Roth IRA | Gold Roth IRA Rollover | Gold Investing In IRA’s | IRA Transfer

Gold Roth IRA https://www.regalassets.com/a/1237/ You have been following the markets for quite
some time. You're thinking about retirement planning,
but at the same time wondering what investment is best for protecting your future. After doing some research you decide to go
with a physical precious metals investment by executing a 401K rollover into a gold IRA. Now you must decide which precious metals
are right for your gold IRA portfolio and determine whether or not they are permitted. A Gold IRA can also be referred to as a Self
Directed IRA, Gold 401K, and a Roth IRA. Prior to 1997, rules and regulations permitted
only American Gold and Silver Eagles to be placed within a Gold IRA. However, the passage of the Tax Payer Relief
Act of 1997 made it possible to diversify a gold 401k amongst many different precious
metals. Current regulations now permit the placement
of gold bullion coins and bars, silver bullion coins and bars, as well as platinum and palladium
in Gold IRA portfolios.

One very popular IRA gold investment is the
American Eagle Gold bullion coin. This particular coin was first introduced
to America in 1986 to compete with the Canadian Maple Leaf, another gold bullion coin that
is permissible in a gold 401K. The Austrian Philharmonic, American Buffalo,
and Australian Kangaroo gold coins are also permissible investments. Restricted IRA gold investments include the
Krugerrand, Mexican 50 Peso gold bullion coin, as well as rare coins such as the liberty
head, Saint Gaudens, Swiss Franc, and British Sovereign to name but a few. Having outperformed all other precious metals
investments in 2010, silver investing is more popular than ever. American Eagle Silver Bullion coins, the Australian
Kookaburra, Austrian Vienna Philharmonic, Canadian Maple Leaf, and Mexican Libertad
silver bullion coin are all permissible in a Self Directed IRA.

Silver bars and privately minted silver rounds
that are produced by manufacturers accredited by the NYSE or Comex are also permissible
investments. Finally we have platinum and Palladium. Permissible Platinum investments include the
American Eagle platinum coin, the Australian Koala, Canadian Maple Leaf, and Isle of Man
Noble platinum coin. Palladium investments include those bars and
coins that are produced by a national mint. The Self Directed IRA or Gold IRA is a powerful
tool for diversifying your investment portfolio and protecting your future. It can be setup with ease as long as your
current 401K meets certain requirements. To get your free gold investor kit click the
link below: https://www.regalassets.com/a/1237/ Article Source: http://EzineArticles.com/5661525 Gold Roth IRA gold roth ira account
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buy gold roth ira can buy gold roth ira
gold roth ira rules.

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Silver and other precious metals IRA

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