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What Are Your Wealth Goals? What Will It Take to Get You There?

What Are Your Wealth Goals? What Will It Take to Get You There?

FromReal Estate News: Real Estate Investing Podcast


What Are Your Wealth Goals? What Will It Take to Get You There?

FromReal Estate News: Real Estate Investing Podcast

ratings:
Length:
5 minutes
Released:
Dec 1, 2023
Format:
Podcast episode

Description

When asked how much money a person needs to be wealthy the magic number is currently about $2 million. But many people who have far less than that say they already feel wealthy today, for other reasons. So what’s the catch? According to a Charles Schwab survey, there’s more to “wealth” than a dollar sign. Earlier this year, Schwab conducted its seventh annual Modern Wealth Survey. It took place in early March with about 1,000 participants. While all those people suggested an average $2.2 million to be wealthy, almost half of them said they feel wealthy with just $560,000 because of other non-financial assets... ...If you’re not a member, please take a moment to sign up. It’s free and will help guide you toward the kind of financial freedom that you need to reach your goals. Just go to newsforinvestors.com. You’ll also find a link in the show notes for the Charles Schwab story. And don’t forget to subscribe to this podcast and leave a review!   Thanks for listening! Kathy Fettke   Links:   1 - https://pressroom.aboutschwab.com/press-releases/press-release/2023/Schwabs-Modern-Wealth-Survey-Reveals-Nearly-Half-of-Americans-Feel-WealthyBut-With-a-Twist-They-Dont-Measure-It-in-Dollars--Cents/default.aspx  
Released:
Dec 1, 2023
Format:
Podcast episode

Titles in the series (100)

Don’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want the edge. Stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams. We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know, so you can stay ahead of the curve and make fully informed real estate decisions. Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on The Real Estate News For Investors Show!