Hellow guys, Welcome to my website, and you are watching Why Living Off Portfolio Interest No Longer Works in 2023. and this vIdeo is uploaded by James Conole, CFP® at 2023-05-06T10:00:00-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Why Living Off Portfolio Interest No Longer Works in 2023 |
| Video Uploader | Video From James Conole, CFP® |
| Upload Date | This Video Uploaded At 06-05-2023 17:00:00 |
| Video Discription | Living off the interest generated by your portfolio may not be as safe as you think… …With interest rates on the rise, it's tempting to park your money in a high-yield savings account or bond. The problem is, inflation will erode your purchasing power over time, leaving you without enough money to get by down the line. James explains why living off of interest isn’t a good idea, and what you can do instead. Learn the tips & strategies to get the most out of life with your money. Get started today → https://www.rootfinancialpartners.com/ Subscribe to be notified for future videos: https://www.youtube.com/channel/UCBNdQfS-fzODmYb8Hkr4egA?sub_confirmation=1 _ _ For more resources and content, check us out below! 🔔Subscribe to our channel to learn more about all things portfolio management https://www.youtube.com/@RootFP 🎧 Listen to our podcast https://readyforretirement.buzzsprout.com/958921 🧑💻 Visit our website https://www.rootfinancialpartners.com to learn more about us 👥 Connect with us on Facebook https://www.facebook.com/rootfinancialpartners 📷 Connect with us on Instagram https://www.instagram.com/rootfinancialpartners/ 🔗 Follow us on LinkedIn https://www.linkedin.com/company/18347030/ _ _ ⏱ Timestamps ⏱ 0:00 Introduction 0:45 Higher rates in the last few months 1:22 Example of Living Off Interest 2:30 Purchasing Power is Diminishing 4:07 What Should We Do? 4:47 Change Your Perspective 5:25 Example of Using Stocks 8:30 What’s the Takeaway? 9:20 Diversification in Your Portfolio 10:00 Outro Other videos we think you'll like: About Root: https://www.youtube.com/watch?v=ZPy7Qlmemy8&t=1s Worried about retirement? Start here: https://www.youtube.com/watch?v=c1dCo73XTw4&t=1s |
| Category | Education |
| Tags | investing | retirement planning | tax planning | financial planning | retirement | personalfinance | taxes | dividend investing | financial planning at 50 | how do I retire? | long-term investing | financial planning at 60 | roth conversions | roth ira | IRA | individual retirement account | benefits of investing | pros and cons of investing | donor advised fund | financial education |
