Ken Fisher’s Tips on How to Not End Up Broke in Retirement | Ken Fisher | Fisher Investments [2019]

Are you worried about running out of money in retirement? In this video, Ken Fisher discusses how to avoid this possibility.

Although you could win the lottery or come into money another way, most individuals plan for a comfortable retirement by saving more than they spend, and investing their money appropriately. The exact numbers on how much you need to save or invest are specific to your situation. To calculate these, Ken Fisher says you don’t necessarily need to get too complicated. You can get help from someone you know, a professional or a reliable online calculator. Overall, you’ll need to look at your expected expenses, savings rate and expected investment returns. For most investors, Ken Fisher believes compounding growth is the key to building a robust retirement portfolio. This means investing in the appropriate assets for long enough to let compounding take effect.

If you’re worried about the status of your retirement savings and investments, take the time to evaluate your situation. You may need to make some savings tweaks or adjust some of your retirement plans. Some things Ken Fisher says to consider are potentially reducing spending on nonessential items or even moving to a cheaper living situation or location. Budgeting and reducing spending isn’t always fun, but it can be a critical part of avoiding running out of money.

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Видео Ken Fisher’s Tips on How to Not End Up Broke in Retirement | Ken Fisher | Fisher Investments [2019] канала Fisher Investments