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💲 NEED FINANCIAL ADVICE? 💲
1) Google “fee-only financial adviser” or visit www.NAPFA.org (largest association of fee-only financial advisers). NOT an affiliate link
2) The first question to ask any financial adviser is, “Are you a fiduciary to me 100% of the time”. Get the answer in writing
3) Please note that some people call themselves “fee-based”. This is NOT the same as fee-only. Fee-only advisers have committed to being fiduciary to you 100% of the time.
4) Personally, I would only hire an adviser who is a fiduciary to me 100% of the time. This is not a suggestion on what you should do. Just sharing my personal preference.
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Be careful of scammers. In the comments section, I will NEVER ask you to contact me, offer any investment products, recommend a stock broker, or anything similar. Some scam bot commenters ‘ask’ for investment help, and later, other comment bots reply with “how great X idea/investment/person is” in the replies. These are scam threads. Do not fall for them.
🚨 Azul’s VIDEOS ARE NOT FINANCIAL ADVICE (Disclaimer) 🚨
This information is only provided as an informational resource and should not be viewed as investment advice or recommendations. To get professional financial advice from a fee-only financial advisor near you, please visit www.napfa.org.
The decisions on how to invest, when to retire, and other financial planning topics are some of the most important financial decisions you will make in your life. I urge you to seek professional financial advice as you make this decision. Ideally, from a financial adviser, AND a CPA AND an attorney. Having the perspective of all three professions will help you make the right decision for you and your family.
This information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and may NOT be suitable for all investors.
This information is NOT intended to, and should NOT, form a primary basis for any investment decision that you may make. Always consult your own legal, tax, and/or investment advisor before making any investment/tax/estate/financial planning considerations or decisions.
Spoiler Alert: There are no “get rich” programs. Rather, just basic blocking & tackling and putting in time and care. Do your homework, choose wisely and (IMHO) work with experienced professionals who are fiduciary to you 100% of the time.
*367 {Hammad}[NE] Use Passive Income to Retire 10 Years Early. Here Are My Favorites
if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries.
How many more of earning years does one have with this unstable billionaire
Funny how you kindly forget to mention that hiring a 'professional' money advisor eats into your passive income — and if the market tanks, you still get the bill. Real value for money, right
If you carefully do your research and find the right dividend stocks… ones that have paid out consistently over many years with little to no NAV erosion… there is no reason why you can’t capture 6 to 8% with minimal risk. This is not depleting what you have saved. The additional upside is that if it’s a ‘qualified dividend’ you could pay as little as $0 on income up to $96K (joint file).
I have several dividend stocks and receive 19000 a year. I highly recommend it. I’m adding more $ working part time. Will be done at 69.
I have several dividend stocks and receive 19000 a year. I highly recommend it. I’m adding more $ working part time. Will be done at 69. I cannot buy real estate. I have two REITs.
Azul i’m in Canada 55 years old and I have thoroughly enjoyed listening to your videos in your calming voice realistic thoughts and the push that health is not something to be taken for granted these insights have helped me and my wife tremendously and I can’t thank you enough for taking the time to post these and I wanted to say thank you although it doesn’t seem to be enough but they mean so much to us from Calgary Alberta Canada
Jason
You're right. I've had so many clients pass away and leave millions behind all because they were too afraid to spend down their retirement nest egg.
When I came across the term passive income in my late 20's, I absolutely thought that was what I should work toward in my retirement savings. Thank you for reminding me why!
Just now watching this even though is from 6 months ago. It is entirely as if you're addressing my current concerns about retiring…SOON. This makes me hopeful! My financial advisor is going to be in my speed dial soon! Thank you for these videos.