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So informative! Thnx.

Imagine investing $50,000 over ten years, taking it out and only getting $57,000 after taxes 💀 All that effort deferring your comp and risking it in the market just so you can keep your original $50,000 + a little extra for your troubles lol. Definitely avoid taking it all out at once, opting for installments is best. Good video

this background music is THE WORST

Well done! I like that you started with expenses per month, how to cover those expenses and then how to max out bucket three to help cover monthly requirements. I think this strategy will work for many retirees.

Is 2 years cash and a straight 60/40 portfolio not just as good?

What do you do for inflation?

Awesome video

What if you don't have capital gains? Does it make sense to move there for other reasons?

Well researched, and great pod. What a gem…just a landslide of reasons renting is more attractive for many EVEN WHEN YOU HAVE THE MONEY TO BUY.

Can i make the conversion, if i have already maxed out the $7500 in ROTH Ira for 2024 ?

Just do this instead. If you are in your 20s, buy about 30 fund across Fidelity and Schwab. Then in your 30's buy more of one of the funds each year for the year. Every 30 year period the S&P 500 has never done worse than 9% since World War II. This will make sure you can sell your original investment and what it grew to plus the corresponding dividend and capital gain re-investments. The S&P 500 had an APY of over 10% from March 1979 to March 2009 and the same is also true from December 1944 to December 1974 and December 1972 to December 2002. You will never lose money that way.

No info?

All these videos are the same, yet no one runs through actual scenarios and calculations so this info is useless

How does tax refund work if the marginal rate that they text you at is larger than your effective rate? Do they give back the additional money they took by selling your stocks at the beginning to pay for income tax?

What are some best practices to prospect for CBP candidates out in the marketplace ?

Thank you for sharing this - concise & clear without complex jargon.

Thank you☀️☀️☀️

Thank you so much for explaining! Can you please explain how the money grows in HSA? does it work like an investment account?

"PromoSM"

Is the 401k max out mandatory? Or can I still do this if I only contribute just over my employer match?

What I thought only the following states don’t tax capital gain tax Alaska. Florida. New Hampshire. Nevada. South Dakota. Tennessee. Texas. Wyoming. Washington is not one of them even though it doesn’t have state income tax. The whole reason Jeff bezos moved to Florida from Washington. This video is incorrect with the oregaon to Washington move example

When do the income limits kick in, the year prior or the current year?

the question is once a stock is restricted but then the company goes to uplift to nasdaq , doesn't that make the stock automatically NON RESTRICTED ?

great video ! which bucket would realestate be in bucket wise

I have RE properties in my LLC, which I'd like to put into an IDGT. If the grantors pay income taxes on the IDGT, do they also receive rental income from the IDGT, or does all income stay inside the IDGT? Can one put properties with existing mortgages into an IDGT?

Why wouldn't you use a HYSA for years 2-7? It's more liquid, has a higher interest rate and is federally insured. Keep year 1 in a checking account and anything after 7 years in your brokerage account.

$70k / $2.5mil = 2.8% withdrawal rate. That is more conservative than the Morningstar recent recommendation of 3.3%. Ok if you have somebody to pass on the money, if not you would die rich.

Nothing is guaranteed. But if dividends get cut like in the financial crisis you wont be doing any better with a traditional % based withdrawal strategy. This st leastbget you 7 year before youd be forced to sell equities as your bond later is fixed. You may need to adjust your spending needs but better than sell stocks that are down 50% or more.

See the problem with the 3 bucket strategy in this video at time 14m 50s. Also note that Michael Kitces has writing on a more effective strategy. czcams.com/video/gVYThVn5gQA/video.html

Thank you so much ❤❤

@Mariner Wealth Advisors Thanks you for your great program..My employer SOld some Shares before giving me remaining on Vesting. Also I see it on my pay check and shows some Payroll taxes taken out..is that not double taxation? Question. Using Turbo tax will it figure all this out and correct what is owed or to be refunded?

Don’t forget bucket 4….kick the bucket

Thanks for the information

Could you explain within a month what the difference is between the obsolete Revocable Living Trust and your Spousal Lifetime Access Trust or Dynasty Trust or are we making up names for 800 year old obsolete legal documents since the computer was invented to forge the irrevocable and revocable living trust?

We tried this and a greedy sibling used it to steal our estate with the estate plan. So we’re getting our kids the NICER forgery proof permission ledger interdiction living administrators arbiter validation certification. Your clients are distinguishing young esquires among their peers among their peers advancing the careers of 5 to 25 Arbiter Validation Notaries each earning around $500.00 a day holding families together with State of the Art NICER Premium Legal Arbiter Validation Instruments.

If you are retired, about 50/50 allocation is a good start (Moderate allocation) and that includes T-Bills, Intermediate Bonds, and your money market fund. And a mix of AVGE, FDIF, and MAGS for your equity exposure and Worldwide coverage. You can pick between MAGS and FDIF if you want to avoid duplicate company coverage; however, both of these ETFs cover AI, go with FDIF which is a fund of funds ETF of "DISRUPTOR" companies in five sector ETFs in the stock market. You can also add the GLTR to add precious metals to your portfolio. I have four buckets with the fourth being a taxable account for my RMD withdrawals.

Thank you for publishing this. You've help demystify how to set things up. Very well done!

Great presentation, thank you!

2:57 Why would you want to invest in Bonds that pay 2.5% when you could invest in T-Bills (etc...) that are paying 5% (or more)?? I'm a novice at best and have heard that government securities are safe and have the added incentive of no state tax.

There are SO many different views out there on this specific issue..I just turned 61, recently retired..with no debt of any kind.. I've come to the conclusion, that I will only draw from my fixed-income reserves, for the first twenty years of my withdrawl-phase..while letting the equity allocation "cook along", doing whatever it will do, during that time-frame. THEN..the first time that VTSAX hits an all-time-high..the first time after I turn 80..I will liquidate all VTSAX shares, and build a "bond ladder", with those proceeds", and take distributions from maturing constituents of that ladder..and I figure that in combination with my Social Security, assuming a maximum life-span of 100 (no one in my family has made it beyond age 96, YET) this strategy SHOULD keep me from from eating cat food, while living under a freeway-overpass, until I "meet my maker"...I HOPE!

so if a person works at amazon he could pretax 52% and hit the 22,500 max then contribute $6500 to roth - 66k - those 2 numbers leave the rest for conveersion - ? if im self employed after I pay taxes how do I move that into the back door roth? I imagine I should be able to contact the 401k provider and have a bank account associated with the account and just transfer in and convert to after tax roth? thanks and have a great week

This was extremely well done. Easy to follow!

Good, I like it. My problem, how to handle losses and stay the course.

Re the Linda question, I’m really surprised so many people missed it. Check your emotions, think logically. The correct answer (won’t say which) is so obvious

in a time value of money calculation 50k over 10years at 6% is approx 89.5k, how did you do the calculation to get over 90k?

This is great. Thank you!

great video

Well Explained. What a great video. The voice is so assuring! You need to turn this into a CPE video.

I did this years ago under their COPELAND PLAN...I been trying to get my money for months now.. Good Luck getting your funds