4.6 • 682 Ratings
🗓️ 16 May 2025
⏱️ 9 minutes
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0:00.0 | Brought to you by the Every Dollar app. |
0:04.3 | Start budgeting for free today. |
0:06.9 | Well, I'm 64 years old. |
0:09.2 | I have no retirement. |
0:11.3 | I work a commission job. |
0:13.3 | I've built a insurance agency, passive income to some degree. |
0:18.5 | And my question is this, that I'm living paycheck to paycheck right now with no retirement. |
0:25.1 | What do I need to do with my stocks, which I have no control over, will start holding value? |
0:35.1 | That value should come in. |
0:37.3 | They're telling us when we go public, |
0:40.1 | somewhere at $15 to $30 a share with what I have. After paying the 40% tax, I believe that is what |
0:46.8 | it is. You're looking at about $600 on the low end to $1.5 on the high end that I will get |
0:53.7 | when I cash those stocks in. |
0:56.1 | And when is this? |
0:57.2 | What would I do? |
0:58.9 | Like, Dave, that's a problem. |
1:01.5 | We were being told it could happen in a year. |
1:05.0 | Could happen in three years. |
1:07.1 | So the insurance agency that you're a part of is going to go public? |
1:14.5 | The IMO that we are part of. |
1:17.2 | I own my own agency with under the IMO. |
1:21.3 | The IMO is going to go public. |
... |
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