Tune into one of the television stations listed below to get live retirement advice from Brian Quaranta!
To see a full schedule of our TV airtimes, please click here. Video Transcript Randy Major – 00:21 Hello, and welcome to On The money with secure money. My name is Randy major. And joining me today is president and founder of secure money advisors, Brian Quaranta. Hello, Brian, good
So here, here’s my, here’s my objection against the way the industry talks about how easily it’s can the inflation problem can be solved by using the market. So, let’s just use the example of somebody that has $500,000. Okay, they’re invested in a stock market, because they want to
Most people don’t have a plan in place of determining the date in which they’re gonna retire. And there’s a lot of variables that go into, you know, they’re not sure when they collect social security. They’re not sure how to start withdrawing money from their investment accounts, a lot
It’s harder to do today because, you know, if you looked at retirement, you know, in the past, you had a social security check, which was one income stream. You had a pension check, which came in every month, that was a second income stream. And if you needed a
What they’ve come to find out is that that strategy, the 4% rule, actually has a high percentage of failure. Matter of fact, it’s a 56% failure rate. So, think about this. The Wall Street Journal, the Harvard Business School of harvest, Harvard School of Business has come out and
People are investing for growth; people are investing to accumulate dollars. They’re not making the transition to an income strategy, which is completely different than accumulating your dollars and growing your money. And so, it’s one of the most overlooked areas. And I think it’s because for the longest time,
In the Roth portion, the 401k. If I want to pull all $100,000 out, I can do that tax free, if that were to go in the traditional portion, right, if that were to go into the traditional 401k portion, that $15,000 grows to $100,000, I pulled out all of
And once people understand the areas that they need to focus on, and they understand the best practices that they need to make sure that their portfolio is having, they get a sense of peace, right? There’s a peace of mind that comes with having a thorough plan. And that’s
I mean, you know, typically the people that are coming into our office are wanting to make sure, you know, as they get closer and closer to that retirement date, that they’re invested properly, right. So, they want to continue to make adjustments to make sure if we saw that
