Drew Blackston, CRC®
Drew Blackston, CRC®
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How To RETIRE EARLY: Everything You Need To Know (Compilation)
How To RETIRE EARLY: Everything You Need To Know (Compilation)
**Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or email us at info@pearlwealthgroup.com **
Dreaming of escaping the 9-to-5 grind and living life on your terms in retirement? Early retirement is within reach! This retirement compilation video dives deep into everything you need to know about early retirement and how to retire early!
Powerful retirement strategies to maximize your retirement savings and retirement investments
How to calculate your ideal retirement nest egg
How to maximize your retirement income with retirement income strategies
And much more!
**Free Retirement Download: The Checklist to Retirement:** 📊
pearlwealthgroup.com/ **
Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called "Your Financial EKG™." What we are trying to visualize is how long a persons retirement savings are going to last throughout retirement. If you are looking for early retirement planning tips or trying to saving for retirement in your 50's, You Financial EKG™ is a great tool to help you understand where you are in your retirement planning. Retirement planning and retirement income strategies shouldn't be complicated. They should just be done right.
**Connect with us on Facebook: PearlWealthGroup/ ** 👍
**Follow me on LinkedIn: www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=drewblackston 🙌
❌ **Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. All videos are for informational and educational purposes only. None of the content, comments, responses, information, or any other item on this channel constitutes financial advice or recommendations. Please call Pearl Wealth Group at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.** ❌
Pearl Wealth Group
Drew Blackston, CRC® & RFC®
Office: 813-807-5060
Info@pearlwealthgroup.com
pearlwealthgroup.com/
Getting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!
#retirementplanning #retirement #financialfreedom
Переглядів: 1 717

Відео

Why You CAN'T Retire Early (Unless You Understand This!)
Переглядів 1,9 тис.9 годин тому
Why You CAN'T Retire Early (Unless You Understand This!) Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or email us at info@pearlwealthgroup.com Considering an early retirement? This retirement video explores the financial challenges of retiring young and provides actionable retirement strategies to make it a possibility. We'll discuss retirement healthcare consid...
Can I Retire at 55 with $400,000 in Retirement Savings?!?
Переглядів 13 тис.14 годин тому
Can I Retire at 55 with $400,000 in Retirement Savings?!? Thinking about early retirement? This retirement video dives into the reality of retiring at 55 with $400,000 in retirement savings. We explore what it takes, the retirement challenges you might face, and retirement strategies to make your dream a reality. Is it enough? Watch and find out! Schedule your virtual consultation, click here: ...
STOP! Don't Fall for These 5 Social Security Myths (Retire Richer)
STOP! Don't Fall for These 5 Social Security Myths (Retire Richer) Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or email us at info@pearlwealthgroup.com Is Social Security confusing you? Don't worry, you're not alone! There are a lot of retirement myths floating around that can lead to bad decisions about your retirement income and Social Security. In this video...
Can I Retire at 55 with $1,000,000? NOPE!
Переглядів 5 тис.День тому
Can I Retire at 55 with $1,000,000? NOPE! Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or email us at info@pearlwealthgroup.com $1 million sounds like a dream retirement savings nest egg, but is it enough for early retirement at 55? This retirement video dives into the reality of retiring early and what factors you NEED to consider before retirement from the dai...
Why Women Must Boost Their Retirement Savings Now!
Переглядів 1,2 тис.День тому
Women Need To Save MORE For Retirement! Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or email us at info@pearlwealthgroup.com Women & Retirement Savings: Why You Might Need to Save More For Retirement This retirement video dives into the unique challenges women face when saving for retirement. Learn why traditional financial advice might not be enough and get ac...
How Much Do I Need Saved For Retirement? (Real Data)
Переглядів 3,6 тис.14 днів тому
How Much Do I Need Saved For Retirement? (Real Data) Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or email us at info@pearlwealthgroup.com Wondering how much you should be saving for retirement? This video "How much Do I Need Saved for Retirement," breaks down what factors affect your retirement savings goals and gives you clear steps to figure out your own magi...
You Can't Retire (Unless You Watch This Video!)
Переглядів 5 тис.14 днів тому
You Can't Retire (Unless You Watch This Video!) Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or email us at info@pearlwealthgroup.com Thinking about hanging up your work boots and hitting the beach in Retirement? Hold on a sec! Retirement might not be the paradise you dreamed of. This Retirement video breaks down why traditional retirement could leave you feelin...
Retiring At 55: Exploring 3 Retirement Income Scenarios
Переглядів 10 тис.21 день тому
Retiring At 55: Exploring 3 Retirement Income Scenarios Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or email us at info@pearlwealthgroup.com Dreaming of early retirement? This retirement video dives into the realities of retiring at 55. We explore 3 different retirement income scenarios to help you assess if an early retirement is within reach. We'll cover: The...
America's Retirement Savings: How Do You Stack Up? (Vanguard)
Переглядів 7 тис.21 день тому
America's Retirement Savings: How Do You Stack Up? (Vanguard)
Retire With $6,000/month in Retirement Income || How Much Do I Need Saved?
Переглядів 7 тис.21 день тому
Retire With $6,000/month in Retirement Income || How Much Do I Need Saved?
When Should I Claim Social Security Benefits? (Free Calculator)
Переглядів 1,4 тис.Місяць тому
When Should I Claim Social Security Benefits? (Free Calculator)
Can I Retire at 55 with $1,000,000 in Retirement Savings
Переглядів 12 тис.Місяць тому
Can I Retire at 55 with $1,000,000 in Retirement Savings
Why You SHOULD Claim Social Security EARLY (Tax Planning)
Переглядів 4,4 тис.Місяць тому
Why You SHOULD Claim Social Security EARLY (Tax Planning)
STOP Saving For Retirement & Spend More Money NOW!!
Переглядів 2,5 тис.Місяць тому
STOP Saving For Retirement & Spend More Money NOW!!
Retire Early at 52 with $1,900,000 in Retirement Savings || 72T
Переглядів 1,6 тис.Місяць тому
Retire Early at 52 with $1,900,000 in Retirement Savings || 72T
I'm 50 with $275,000 saved for Retirement, When Can I Retire?
Переглядів 12 тис.Місяць тому
I'm 50 with $275,000 saved for Retirement, When Can I Retire?
Retirement Strategy at 60 with $1,400,000 in Retirement Savings
Переглядів 18 тис.Місяць тому
Retirement Strategy at 60 with $1,400,000 in Retirement Savings
Can I Retire at 55 with $650,000 in Retirement Savings?!?
Переглядів 5 тис.Місяць тому
Can I Retire at 55 with $650,000 in Retirement Savings?!?
Can I Retire at 60 with $1,500,000 in Retirement Savings (Compilation)
Переглядів 4,2 тис.Місяць тому
Can I Retire at 60 with $1,500,000 in Retirement Savings (Compilation)
Can I Retire at 55 with $1,600,000 Saved For Retirement??
Переглядів 2,9 тис.Місяць тому
Can I Retire at 55 with $1,600,000 Saved For Retirement??
The 4% Rule is DEAD! (Do This Instead For Retirement Income)
Переглядів 11 тис.2 місяці тому
The 4% Rule is DEAD! (Do This Instead For Retirement Income)
The WORST Investment For Your 401k or IRA || AVOID THIS
Переглядів 1,4 тис.2 місяці тому
The WORST Investment For Your 401k or IRA || AVOID THIS
Can I Retire at 55 with $600,000 In Retirement Savings??!! (WATCH OUT!!)
Переглядів 9 тис.2 місяці тому
Can I Retire at 55 with $600,000 In Retirement Savings??!! (WATCH OUT!!)
I'm Single, When Should I Claim Social Security Benefits?
Переглядів 8612 місяці тому
I'm Single, When Should I Claim Social Security Benefits?
TAKE Social Security EARLY!! || DO IT!
Переглядів 39 тис.2 місяці тому
TAKE Social Security EARLY!! || DO IT!
How To Invest For Retirement At 50 To Retire At 55
Переглядів 2,4 тис.2 місяці тому
How To Invest For Retirement At 50 To Retire At 55
I'm 58 & Retired, When Should I Claim Social Security Benefits?
Переглядів 1,4 тис.2 місяці тому
I'm 58 & Retired, When Should I Claim Social Security Benefits?
Retire with LESS than $500,000 in Retirement Savings
Переглядів 13 тис.2 місяці тому
Retire with LESS than $500,000 in Retirement Savings
Retire With $6,000/month in Retirement Income || How Much Do I Need Saved?
Переглядів 8 тис.2 місяці тому
Retire With $6,000/month in Retirement Income || How Much Do I Need Saved?

КОМЕНТАРІ

  • @55LoveBugzz
    @55LoveBugzz 3 години тому

    Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

    • @Melanocaster
      @Melanocaster 3 години тому

      I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

    • @LeneHovgaard
      @LeneHovgaard 3 години тому

      Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

    • @FabianCardinal
      @FabianCardinal 3 години тому

      The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

    • @redeyesband
      @redeyesband 3 години тому

      It was quite challenging to understand the different trends on my own until i found out about Wilburn. Trading made easy.

    • @franciscoyamamoto-go7eo
      @franciscoyamamoto-go7eo 3 години тому

      Productivity is never accidental; it is always the result of careful planning, dedication, and consistency..

  • @ronrae4029
    @ronrae4029 5 годин тому

    Who has a million $. Not average joe

  • @bayouflier6641
    @bayouflier6641 10 годин тому

    All well and good, but, this plan only applies to those who can live on 3750/month or less.

  • @miragexl007
    @miragexl007 11 годин тому

    not sure if you've done... A video or analysis on states to retire. Location-based on weather Taxes,. Health care etc.

  • @miragexl007
    @miragexl007 11 годин тому

    So you're saying... Live as cheap as you can, but enjoy those vacations.Or special situations occasionally every year.. Weather these bidenomic type years.. Going to retirement debt free from a well maintained, home and car.. No credit card, debt or other debt and work from there.

  • @MrKinglyProductions
    @MrKinglyProductions 12 годин тому

    if you take social security when at 62 and invest it in the market you will make 2x-3x as much than you would if you waited until 70+.... don't fall for the scam take your money.

  • @rayanderson3164
    @rayanderson3164 22 години тому

    Great collection Drew. Start early and enjoy later on in life. That appears to be the only real formula for success at 55.

  • @scottwilbanks9888
    @scottwilbanks9888 День тому

    Hey drew, thoughts on upping my HSA contributions instead of upping my 401k. Currently put 15% in 401k plus 5% company match?

  • @Murolo1020
    @Murolo1020 День тому

    Hi Drew, we started seriously saving for retirement later in life so an early retirement is not in our cards. In a case like our would you still suggest a freedom fund?

  • @STEWDEE
    @STEWDEE День тому

    Suze Orman recently said, if you're around 60 and have less than 5 million saved, you shouldn't be retiring. Lol.

    • @scottwilbanks9888
      @scottwilbanks9888 День тому

      Maybe with her spending habits. Most people with 100k income currently should be able to retire at 60 with 1.5m. In my opinion.

    • @STEWDEE
      @STEWDEE День тому

      @scottwilbanks9888 I would think 1.5 would suffice. Providing you don't have a bunch of debt like a big mortgage, car payments , boat payment. Etc.

    • @craigschray4486
      @craigschray4486 20 годин тому

      Suze Orman must have a ton of debt. Most people don't earn 5 million in their lifetime. The key is retiring with NO debt.

    • @larriveeman
      @larriveeman 20 годин тому

      orman's statement is absurd, all you need is more income coming in then going out ( factor in inflation), and if possible being debt free

    • @miragexl007
      @miragexl007 11 годин тому

      Lol. Everyone's different..

  • @bruced.370
    @bruced.370 День тому

    You don't run out of money because you always have SS and can reverse mortgage

  • @brekfis_burrito
    @brekfis_burrito 2 дні тому

    People are being forced into retirement in many industries. Gotta have a game plan for if/when that happens

  • @JayanthUkwaththa
    @JayanthUkwaththa 2 дні тому

    Thank you

  • @scottc3029
    @scottc3029 2 дні тому

    I’m 12 years old and I have $500 dollars saved. My expenses are zero, when can I retire?

  • @TreeCamper
    @TreeCamper 2 дні тому

    Taco Sharron 🌮

  • @Bnryzombie
    @Bnryzombie 2 дні тому

    Main form of labor here in the USA will be lost in the next 50 years. FORCE THE RETIREMENT AGE LOWER!

  • @bluered3228
    @bluered3228 2 дні тому

    I won't retire at 50 with $3 million.

  • @carybaker7334
    @carybaker7334 3 дні тому

    taxes dont have to go up.......they have to stop waisting money. STOP GIVING OUR TAX DOLLARS TO OTHER COUNTRIES!!!!!!!!!

  • @TinOakM
    @TinOakM 3 дні тому

    Not sure how expenses could be so high with a home that is paid for...i retired at 60 still owing 60k on my home and a 445 car payment, I barely spend 3k a month, My car is now paid for and home should be with in 4 years.

  • @CupOfJoe365
    @CupOfJoe365 3 дні тому

    I DONT THINK ITS A GOOD IDEA TO KEEP YOUR RETIREMENT MONEY 100% INVESTED…that being said your 6% return is NOT possible.

    • @yourfinancialekg
      @yourfinancialekg 2 дні тому

      Is not possible how so? Markets have average 8.5% for 50 years

  • @bruceeigsti5274
    @bruceeigsti5274 3 дні тому

    well ACA based on income so when we retire next year .we will.have only SS income...we have all ROTH funds in retirementso doesnt count for AcA..we can get a gold plan for me and my spouse wont be much at all

  • @hownwen
    @hownwen 3 дні тому

    Also, u need earned income to qualify for ACA

  • @hownwen
    @hownwen 3 дні тому

    I'm age 60 and retiring in a month. I have my 35yrs will my SS go down?

  • @jimmy7376
    @jimmy7376 3 дні тому

    I checked my statement on SSA.gov. It says I have the 40 credit hours and I have 38 years of income reported. So I'm good? Also, the graph shows the amount I will receive at 62, 67 and 70. Does that mean, what I'll receive in I don't work again? Thanks!

  • @randymillhouse791
    @randymillhouse791 3 дні тому

    You make great and informative videos my man. Lose the trending thumbnail. You don't need it.

  • @vegasstang1
    @vegasstang1 3 дні тому

    You forgot to mention if your income is under 80k or so you will get subsidies or tax credits to help pay for health insurance. Wife and I in New Mexico are paying 420 bucks a month for both of us. And thats for a gold plan because my wife has a chronic condition. But health insurance can vary widely state to state. We were looking at plans in Nevada and the cost was double for less coverage and higher out of pocket costs.

    • @randymillhouse791
      @randymillhouse791 3 дні тому

      The country in South America that I am retiring has health care costs of $100.00 per month and is ranked higher than the USA. No reason to stay in the USA whatsoever. Double or quadruple your spending power and forget about the school shooting, Democrats, Republicans, traffic car culture, etc.

    • @yourfinancialekg
      @yourfinancialekg 3 дні тому

      Great comment!!

  • @sarahbower587
    @sarahbower587 3 дні тому

    Say “guardrail rule” 3x fast! 😂

    • @yourfinancialekg
      @yourfinancialekg 3 дні тому

      And do it wearing a retainer and a southern accent 😂

  • @yourfinancialekg
    @yourfinancialekg 4 дні тому

    *Free Retirement Download: The Checklist to Retirement:* 📊 pearlwealthgroup.com/

  • @crammia
    @crammia 4 дні тому

    Love your videos - thank you! The only part I can't follow is why the SS taxable amount is not the full year amount divided by 2? How are you getting that low figure there?

  • @jacobside2656
    @jacobside2656 4 дні тому

    Neither of those are great. Save & invest people. Quit the stupid rat race early

  • @miketheyunggod2534
    @miketheyunggod2534 4 дні тому

    I retired six years ago at 55 with $200K. Still have a mortgage, car payment, and sending my son to college next year. No problems.

  • @NipItInTheBud100
    @NipItInTheBud100 4 дні тому

    Drew, where do you put hard assets such as precious metals etc? Would you place these under cash or under investments and try to calculate a rate of return on it?

    • @yourfinancialekg
      @yourfinancialekg 4 дні тому

      I usually calculate those as protected or non-liquid just like real estate. Yes, I do put an ROR on them as well but keep it conservative.

    • @NipItInTheBud100
      @NipItInTheBud100 4 дні тому

      @@yourfinancialekg Thanks Drew!!

  • @brekfis_burrito
    @brekfis_burrito 5 днів тому

    I'll be ok according to this video then. Apparently i did something right with my dumb brain

  • @bruceeigsti5274
    @bruceeigsti5274 5 днів тому

    In my case we will retire at 63 and get ACA but with little taxable income at that time..only have Roth funds we will use to supplement ss benefits, so won't pay that much in premiums

  • @stewdogg42
    @stewdogg42 5 днів тому

    I’d like to know what on earth a single 55 year old man is spending $125k per year on.

  • @robertcouncil6172
    @robertcouncil6172 5 днів тому

    She ain’t retired!!! She just ain’t working!!!!

  • @krasnaludek298
    @krasnaludek298 5 днів тому

    Depends on where you live & the lifestyle that you desire. That same $400K won’t go very far here in California & with a joy for traveling: Hawaii, Italy, & Poland. Living in Kansas; driving a Ford Explorer & keeping things “modest” will probably allow for retirement with that bank balance.

  • @bobknob8440
    @bobknob8440 5 днів тому

    her (ex) sugar daddy makes good money.

  • @themonogrammom
    @themonogrammom 5 днів тому

    Also, if the estimated SS amount is $1800/month today, it will be slightly higher by the time she receives it in 12 years due to COLA increases. Can this be estimated?

    • @yourfinancialekg
      @yourfinancialekg 5 днів тому

      Yes it can but we are conservative with these projections.

  • @themonogrammom
    @themonogrammom 5 днів тому

    You didn’t mention that with ex-spousal benefits, the ex-spouse must be at least 62 before the divorced person can receive the benefits. I must wait until I’m 69 for this reason.

  • @themonogrammom
    @themonogrammom 5 днів тому

    In the state of Colorado, the person paying the alimony (we call it maintenance) pays the taxes. The receiver does not pay taxes on alimony.

    • @yourfinancialekg
      @yourfinancialekg 5 днів тому

      Wow, awesome!

    • @themonogrammom
      @themonogrammom 5 днів тому

      When I looked up the rules for federal income tax, it appears that this is now true of all states (depends upon divorce date but within last 5 years or so) Worth a double check for your client.

  • @MichaelEpstein-xn2om
    @MichaelEpstein-xn2om 5 днів тому

    I enjoy watching your videos. I can't seem to find, or you never have made video's about retiring with pensions/military. I'm trying to retire with my military retirement at 50 after working to get another retirement as a police officer for 8 years and 2% per year. Lots of decisions to be made to retire and spend what i spend now. Thanks

  • @fialee8ca132
    @fialee8ca132 5 днів тому

    These are very conservative assumptions. Immediate annuities typically pay ~6%... even 5% would be low, so 4% is way way to conservative and setting the analysis up to look bad.

    • @yourfinancialekg
      @yourfinancialekg 5 днів тому

      I'd rather be conservative and come in higher than the other way

    • @fialee8ca132
      @fialee8ca132 5 днів тому

      @@yourfinancialekg i would think that regular reviews of your clients portfolio and spending goals would be more beneficial. This would allow your client to spend more when they are younger and more healthy, and adjust accordingly as they get older, and see how the investment returns look like. This would be much more beneficial to clients who want to retire early. Predicting the future is hard, but overly conservative (or optimistic) assumptions ultimately will hurt the client.

  • @StephenWampler
    @StephenWampler 5 днів тому

    Hey Drew, not a big fan of reverse mortgages, but in her case, what if she did a reverse mortgage at 62 to get rid of the mortgage payment?

    • @yourfinancialekg
      @yourfinancialekg 5 днів тому

      That's not a bad idea Stephen, but yes, I am not a huge fan either