It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through a job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
@@KacieLehman I agree, that's the more reason I prefer my day-to-day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
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I studied economics, and some of the stuff is very complicated,,,,,,,Powell is a lawyer by education how did he even get that position,,,,,,it puzzles me !
And yet, the markets are stronger than ever, AND prices ARE coming down slowly but surely. You're just in denial because Trump has lead you to believe we're failing as a country when in reality he's failing as a human being.
New record Global EV sales coming in 2024. Polestar.. Lillium Evtol Jets..Surf Air Mobility..Srfm.. FSRNQ.. Fisker..Xos Trucks.. Xpeng... Tata Motors.. ChargePoint and more.
Mistake. You don't lower rates until you need to. He's emptying his toolbox (lowering rates) way before he needs to. He could have kept rates where they are for a couple more years. Unemployment still at historical lows. Inflation is still too high. This guy is bought and paid for.
