ilmscore | The Traditional Retirement “Path” is OVER (What to Do Now)

The Traditional Retirement “Path” is OVER (What to Do Now)

Published: 2025-01-16
Status: Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
Private sector pensions are predicted not to see a recovery or increased prevalence in the foreseeable future.
"it doesn't look like this is getting better and that pensions are coming back anytime soon"
Retirement Pensions
Pending
If no Congressional action is taken, Social Security recipients are predicted to receive only 83% of their full benefits after 2035.
"without Congressional action or changes to the Social Security program retirees are projected to only receive 83% of their full ballot fits so that means that all of us myself included who are paying into Social Security are not going to get the full benefits that we are expecting we will get five six of them 83% of that unless something changes"
Social Security
Pending
401k and IRA retirement plans are predicted to remain in existence.
"I don't think they're going anywhere Those are probably going to stay"
Retirement Plans (401k/IRA)
Pending
The speaker's rental properties are predicted to remain rented for the next 10, 20, and even 30 years.
"people are going to still be renting my properties 10 years from now 20 years from now 30 years from now"
Real Estate
Pending
Within 15-20 years (from 2025), the speaker expects his rental properties to be largely paid off and generate enough cash flow to fully replace his current income.
"in 15 20 years from now my properties will be largely paid off and at that point I'll be generating more than enough cash flow just from my real estate businesses to entirely replace my current income and then some"
Personal Finance
Pending