Benefits of Investing After 50 to Build Wealth and Generate Income

Описание: Benefits of Investing After 50 has 7 benefits and how older investors can capitalize each benefit to build wealth and create extra retirement income.

Get my Ultimate RISE Wealth Plan here https://retirecertain.com/RISE
----------------------------------------------------------------
Benefits of Investing After 50
1 If you’re investing in your 50s, you’ve probably invested through at least 2 extended bear markets so you don’t expect 10 to 15% annual gains every year
While we had blip bear markets in 2018 and 2020, the tech bust and financial crisis bears were a completely different story.
Capitalize:
More prepared for changes in cycles in the financial markets and know this is inevitable
2. You’re more clear about your financial goals as an older investor so retirement planning is easier
Financial goals are life goals and vice versa; It’s easier to know what you want for life when you’re over 50 because you’ve passed several of the completely unpredictable life events, like getting married and raising children
You probably know when you want to retire and thus can better predict how much money you’ll need in retirement.
Capitalize: This capitalize you zero in on how much income you need to live the way you want every month
3. You’ve accumulated some wealth by the time you’re in your 50’s
Capitalize – because you’ve probably saved and compounded over the years without any real effort
4. You may own alternative assets, such as real estate rental properties
Capitalize – these assets pay for themselves over the years and become excellent income generating assets
5. You’ve learned the importance of tracking both your spending and your net worth by the time you’re in your 50s
Capitalize – foundation for wealth
6. You have the time to track your money
Kids are older; You’ve mastered some time management skills and gotten clear on priorities
Capitalize – Managing and Building wealth in your 50s takes time and you have more time after you’re an older investor
7. You’ve gained a wealth of experience, literally. Experience can create additional wealth; this experience makes it easy to begin consulting in retirement for extra income streams
Capitalize: Use to generate income, invest in traditional or alternative income generating assets that also build wealth

_______________________________________
Retire Certain is about our alternative retirement strategies from income generating assets and wealth building in our late 40s, 50s and 60s after stumbling into early retirement.

I am not trying to sell wealth management services. While I do hold a current AFC certification, my work is based on my own research and 4 decades of investing experiences in stocks, selling covered calls, real estate, online business, and tactical ETF portfolios.

Be sure to Subscribe, Click that little Bell after you subscribe so you know when I post a new video, and leave a comment or question...but only if you're nice:)

Find resources and little seen alternative retirement planning and strategies at https://retirecertain.com/​​​​ where I share our crazy income stream adventure

Nothing in this video is meant to be taken as personal financial advice.

Camille Gaines, AFC
Wealth coach
Accredited Financial Counselor