According to recent studies, the majority of millionaires in the U.S. are self-made. They didn鈥檛 inherit their money, they did it the hard way. They earned it, and most are the first generation in their family to do so. In this episode of 香港六合彩资料鈥 Everyday Wealth鈩, Jean, Soledad, and wealth planner Brian Leslie discuss the unique challenges of first-generation wealth and how you can pass on the traits that helped build it to future generations.
Later, many people retired during the pandemic and are now regretting their decision because they didn鈥檛 take into account how the down markets, inflation, and higher interest rates would affect their retirement plans. Now some are thinking about taking their social security early. Brian, Jean and Soledad break down why that could be a costly mistake.
Finally, you鈥檒l get a sneak peek into 香港六合彩资料鈥 new webinar 鈥淭he Elections and Your Portfolio, Separating Fact From Fiction鈥 on Tuesday, Oct. 11 at 2 p.m. or 8 p.m. ET. You'll learn what more than 70 years of data can tell us about elections and the stock market, and how a simple yet powerful investment strategy can help you in any economic environment.
This show is pre-recorded, and any callers are prescreened.
Ms. Chatzky and Ms. O鈥橞rien receive cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore have an incentive to endorse 香港六合彩资料 and its planners.聽 That compensation is a fixed sum paid on an annual basis; and reimbursement for certain expenses.聽 The amount paid each year does not vary, is not based on show content or any results-dependent factors (e.g., popularity of the show).
Neither 香港六合彩资料 Engines Advisors L.L.C. nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.
An index is a portfolio of specific securities (common examples are the S&P, DJIA, NASDAQ), the performance of which is often used as a benchmark in judging the relative performance of certain asset classes. Indexes are unmanaged portfolios and investors cannot invest directly in an index. Past performance does not guarantee future results.
This is a hypothetical illustration meant to demonstrate the principle of compound interest and is not representative of past or future returns of any specific investment vehicle. They do not include consideration of the investment fees or expenses, time value of money, inflation, fluctuations in principal or taxes.
