You've spent decades building your nest egg. Then, when you retire, you need a plan to stop saving and start spending, but not too much that you risk running out of money. As Dustin with Mundorf Wealth Management explains to Erin Kennedy, it's a delicate balance that requires you to consider these 6 variables:
Duke Mundorf is just four years old, but he's already had an outsized influence teaching others what it means to be strong and fearless. In fact, his journey is so inspiring, he was featured on the The Cowboy Channel #Daysof76 Rodeo in Deadwood!
We're revisiting an annual favorite with some new action steps you can take now, to set yourself up for success! In this video, Dustin with Mundorf Wealth Management and Erin Kennedy walk through the top 5 resolutions you should consider in 2024:
There are also many reasons to start saving as soon as possible. So what are the five steps young investors can take today? Dustin at Mundorf Wealth Management breaks it down with Erin Kennedy.
The top 10 largest stocks currently make up one third of your investment in an S&P index fund. We haven't seen that kind of stock concentration in the index since 1973.
A position in gold may make sense if you're looking to diversify your portfolio. However, you'll want to consider the current interest rate environment. And if you're looking to maximize the growth of your investments, investing in gold is probably not the best vehicle.