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Welcome to Season 2 Episode #19 of Not Me, But You! Podcast.

If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here:
https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF

How do you define wealth? I consider someone wealthy who has enough cash flow (income) to pay all of their bills every month with money left over. Almost half of Americans find that once they are retired, they cannot afford to remain retired. So they return to the work force. This situation/trend is likely due to people underestimating how inflation will cause prices to rise once they are retired. 

What is your retirement strategy in relation to your "pile of money?" Are you planning on withdrawing 4% from your total pile each year and live on that amount of money? Or are you investing in assets that will pay you monthly/quarterly cash flow (income)? I prefer to use the cash flow approach because then I can get cash flow until the day I die! I can never "out live" my pile of money. 

Poor people buy things. Rich people buy/hold assets. You may have to change the way that you think. In life, we often benefit from retraining our brains. 

You can change your life in 4 years. I use Charles Schwab to buy/sell/hold both growth stocks/dividend stocks that pay me cash flow on a schedule. Their site/app are great. Their customer service is fantastic. 

Buy/hold assets if you want to create your own pension income and if you want to become wealthy. Study what wealthy people do, then go copy it! You can do this. 

Have courage today, to pick one thing, and work on your dreams. 

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.