What are your thoughts about retiring by design instead of by default? Achievable for everyone? Anyone?

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Additional Posts in The Financial Life

I want to make tons of money to be able to have freedom of time for service. The recovery community is my main gig. What types of service do you enjoy and why?
What is your WHY! Please share?

Welcome to The Financial Life! I am excited to meet a variety of individuals, families and businesses to talk MOnEY! As you know, growing money is one thing but keeping it is a whole different game!

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Great question! And without getting too much into monetary policy.... Fed rates are set by the Federal Reserve which banks use to charge each other to borrow money. A lot of times these rates move together, however, a Fed rate increase does not instantaneously change the rates the bank offers.

Other types of savings account have seen an increase this year such as online savings accounts and fixed annuities.

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What are your experiences with IUL?

What is the biggest perspective change you’ve had to make about your financial life in the last few years? Mine? I’m 49 and realized that making money for me is easy but the amount of money I’ve lost over the years makes me want to cry. Change is here and better late than never!

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If the traditional 60-40 stocks/bonds portfolio is getting crushed, what can we do to add market volatility control during these weird economic times?

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I am looking for a tool to help with determining how much money I will need monthly when I retire. Any suggestions?

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