![Heritage Wealth Planning](/img/default-banner.jpg)
- 5 999
- 32 397 293
Heritage Wealth Planning
United States
Registrace 20. 04. 2017
I am so tired of the fear-mongering; that there is a Retirement Crisis; that we're all going to go broke, etc. Forget all that!
On this CZcams channel I'l show you how to make successful retirement planning a reality, so YOU can stop stressing so much and actually enjoy this wonderful life you've been given. That's why I call this the anti-fear mongering channel because it's all fear-mongering, all the time out there and I'm sick of it.
Yes, we'll throw some sports, politics, a bit of "how-to, some prepping stuff, as well as some discussion on energy. But I do videos every day, so if you don't want to watch those, just skip 'em. No big deal!
So subscribe now and let's get started!
On this CZcams channel I'l show you how to make successful retirement planning a reality, so YOU can stop stressing so much and actually enjoy this wonderful life you've been given. That's why I call this the anti-fear mongering channel because it's all fear-mongering, all the time out there and I'm sick of it.
Yes, we'll throw some sports, politics, a bit of "how-to, some prepping stuff, as well as some discussion on energy. But I do videos every day, so if you don't want to watch those, just skip 'em. No big deal!
So subscribe now and let's get started!
Don’t You Dare Retire If You’re Relying On Social Security!
Don’t You Dare Retire If You’re Relying On Social Security!
zhlédnutí: 1 288
Video
The True Cost of Your Health Care Benefits at Work
zhlédnutí 794Před dnem
The True Cost of Your Health Care Benefits at Work
Are Your Health Benefits Worth This Much?
zhlédnutí 653Před dnem
Are Your Health Benefits Worth This Much?
Do This One Thing & 80% of You Won’t Run Out Of Money in Retirement
zhlédnutí 9KPřed dnem
Do This One Thing & 80% of You Won’t Run Out Of Money in Retirement
Using Your Roth as an Emergency Account- With a Warning
zhlédnutí 1,6KPřed 22 hodinami
Using Your Roth as an Emergency Account- With a Warning
These People Should Definitely Take Social Security Early
zhlédnutí 6KPřed 22 hodinami
www.ssa.gov/oact/STATS/table4c6.html Sign up for email list here. mailchi.mp/0a0c258dd676/sign-up-page My course "Everything You NEED to Know About Investing" will help reduce your stress when it comes to your investments. Get it here: retirementplanningschool.teachable.com/p/investing-basics and don't forget there IS a 30 day money back guarantee if you're not satisfied! Find this video of val...
A Funny Thing Happened When I Read The 1983 Survey For Consumer Finances
zhlédnutí 1,3KPřed dnem
A Funny Thing Happened When I Read The 1983 Survey For Consumer Finances
A Brilliant Social Security Bridge Strategy
zhlédnutí 16KPřed dnem
Sign up for email list here. mailchi.mp/0a0c258dd676/sign-up-page My course "Everything You NEED to Know About Investing" will help reduce your stress when it comes to your investments. Get it here: retirementplanningschool.teachable.com/p/investing-basics and don't forget there IS a 30 day money back guarantee if you're not satisfied! Find this video of value? Buy me a cup of coffee! www.buyme...
Are You Taking On Too Much Investment Risk?
zhlédnutí 3,8KPřed dnem
Sign up for email list here. mailchi.mp/0a0c258dd676/sign-up-page My course "Everything You NEED to Know About Investing" will help reduce your stress when it comes to your investments. Get it here: retirementplanningschool.teachable.com/p/investing-basics and don't forget there IS a 30 day money back guarantee if you're not satisfied! Find this video of value? Buy me a cup of coffee! www.buyme...
The 2 Ways Massive Social Security Fraud Affects Your Retirement Plan
zhlédnutí 1,3KPřed dnem
Sign up for email list here. mailchi.mp/0a0c258dd676/sign-up-page My course "Everything You NEED to Know About Investing" will help reduce your stress when it comes to your investments. Get it here: retirementplanningschool.teachable.com/p/investing-basics and don't forget there IS a 30 day money back guarantee if you're not satisfied! Find this video of value? Buy me a cup of coffee! www.buyme...
Why Does This Make Dave Ramsey so Angry?
zhlédnutí 5KPřed dnem
Why Does This Make Dave Ramsey so Angry?
Another Reason Why Social Security Is Going Bankrupt
zhlédnutí 1,3KPřed dnem
Another Reason Why Social Security Is Going Bankrupt
Will This Outperform The S&P 500...With LESS Risk?
zhlédnutí 6KPřed dnem
Will This Outperform The S&P 500...With LESS Risk?
He Cant Associate with me Because I Support Trump
zhlédnutí 3,6KPřed dnem
He Cant Associate with me Because I Support Trump
The Simple Fix To Social Security That No One Is Talking About
zhlédnutí 4,3KPřed dnem
The Simple Fix To Social Security That No One Is Talking About
You Need to Get This Retirement Planning Software
zhlédnutí 15KPřed dnem
You Need to Get This Retirement Planning Software
A Tale Of Three Retirements - The Good, Bad & VERY UGLY!
zhlédnutí 5KPřed dnem
A Tale Of Three Retirements - The Good, Bad & VERY UGLY!
This Seems Somewhat Ominous, Does it Not?
zhlédnutí 2,5KPřed dnem
This Seems Somewhat Ominous, Does it Not?
Another Reason We Need Trump’s Social Security Tax Bill
zhlédnutí 2KPřed dnem
Another Reason We Need Trump’s Social Security Tax Bill
Are They Deliberately Misleading Us On Pensions?
zhlédnutí 3KPřed 2 dny
Are They Deliberately Misleading Us On Pensions?
TIm Walz is MUCH Wealthier Than He Would Have You Believe
zhlédnutí 2KPřed 2 dny
TIm Walz is MUCH Wealthier Than He Would Have You Believe
A Fund with a 94 9% Yield? YES....butttt
zhlédnutí 1,4KPřed 2 dny
A Fund with a 94 9% Yield? YES....butttt
How The U S Social Security System Compares to Other Countries
zhlédnutí 2,2KPřed 14 dny
How The U S Social Security System Compares to Other Countries
Spray silicone on a large swab and apply inside rubber run channels
after taxes and healthcare insurance me and the wife live on 4402.00 No debt. I put 400 a month towards my next cash car , 275 on grandkids . 500 a month for vacation Been doing this three years now. YellowStone , twice Vegas , and next month Florida.
A few points. 1. most social security recipients did not pay taxes already on their benefits, since their employer contributed half of the annual payroll tax contribution. Only self employed individuals paid the full payroll tax. 2 The taxes on social security benefits are paid to the Social Security Trust Fund, extending its solvency. 3. Since this doesn't go into the general fund, it is indirectly a cut in benefits. About half of social security recipients are actually taxed. Of those, the most adversely effected financially are probably those who have limited additional taxable income and have to pay the tax. For high income taxpayers, the burden is usually minimal. The failure to index the income thresholds since 1984, when the law was passed, is probably the main reason why low and middle class taxpayers are caught in the middle of this tax issue.
Its just wrong. It should never have been taxable. Thanks Joe Biden!
I smootched the like button Josh, 😅
Ya but Josh the wife and I want to live like ballers in The Villages! Lol
I think I heard Like Button Junior screaming what about healthcare?! 😉
I have zero debt, own home and drive clunkers. I live like a king on what would shock most of your subs. Being confident, resourceful, self sufficient and handy goes a long way towards saving money and keeping busy. It all starts with attitude IMO
the government was built to bleed people after retirement of every last penny. they have been steeling from us for 100 years!
You don't know what you're talking about and we know you're not FOR Trump and will find ANYTHING you can to push people against Trump. I wouldn't give you or videos a like. Your making good money to complain about having to PAY YOUR FAIR SHARE. 😂😂 Sound familiar? Good!
Well, I retired at 65, which I still consider to have been just perfect. I really did not want to retire earlier than that. Went to the SS office & signed up for SS & Medicare all at one time & it was very easy. Hey Josh, remember the other day when you were talking about reading Anne Rivers Siddons?, which kind of surprised me & it jogged my memory about her & I got her book, The House Next Door, which is one of her earlier works. Very engaging & kind of spooky. Here's one to add to you reading list...Fever in the Heartland by Tim Egan. It's about the Klu Klux Klan. Whew! Very interesting.
Remember the Hole in the Ozone was gonna Kill us All? Btw AOC Said we only have like, 12 years? 8 years ago! So only about, like, 4 years left? Why bothrr to plan?
Those planes will Fly whether i am on it or not? I rarely Fly so am i an Anti-Carbon social warrior? They cant outlaw Water Vapor which is largest greenhouse gas?
If you are That afraid of running out of money? BUY An Annuity! That anx Soc Sec will pay for Life no matter how long ypu live?
Yeah, the Good News is by the time u are Broke u will already be Dead?
Even if BROKE? I will still have Soc Sec and a Pension check every month?
The difference is living or retired comfortably. I am sure SS is enough for people to maintain basic living or surviving. But if the retirement includes two international trips and multi domestic trips. Enjoy fine food once in a while. Don’t have to worry if the roof or HVAC needs replacement. Then you will need more than SS.
Get a new car. 👉 Remember that the squeky wheel doesn't always get the oil. Sometimes it gets replaced. 💁♂️💁♂️💁♂️💁♂️😎
The title reminds me of a CZcams channel called Buzz's Retirement Garage, where Buzz left his job in late 2023 at age 63 when his company was about to encounter financial troubles, and instead of searching for another job, decided to try to live solely on his and his wife's social security total of $3783/month. The main videos I watch are the ones at the end of each month where he breaks down their expenses from that month in great detail. He's not super knowledgeable about personal finance, but he doesn't pretend to be, and that sort of real, in depth information is just so interesting! It helps that he seems like such a genuine, likeable guy, too.
We make less than $5000 a month. And we're fine
Definitely not close to surviving on what my SSI is going to be! We spend about 7-8k per month and don’t do a lot of frills. Taxes, insurance, and maintenance on my house is over 2500 a month.
$30,000 for taxes, maintenance, and insurance per year??? If so, you're not even close to the average or medium.
Every persons situation is unique. $5k in California wouldn’t cut it even if you are debt free however in Wyoming or many other states you can live just fine. Also depends on needs and wants. You may want to travel in retirement - not cheap either domestic or international. Need an emergency fund - refrigerator craps out of transmission goes in the car. Again, just saying it depends on your individual circumstances.
Years back they wanted the kids to learn to read. Trouble is they never shared the story of The Little Red Hen
My family lives on $4200/mo.
😁 What state are you living in?
@@michaelroy925 wisconsin
If you cover your needs every month and you have money left over to pay for wants, and still have money left over, you'll be fine. If you gave money left over after needs and wants and save some of that money consistently, you'll be content.
Are you figuring that right now? Because if ssa is tax free why are you including it in adjusted gross income?
We are currently living on 1500.00/month. SS in 5 yrs will be 6k a month. Hmmmm who says you can’t live on SS. That will be a huuuuuge pay raise for us.
How the heck do you live on $1500 a month? I’m retired, no debts , house is paid for, truck also. To pay basic living expenses and health insurance costs us $36,000 per year which is twice what you said.
$6000/mo is really good income. People that think otherwise are out of touch with the avg person in America.
I don’t think people should strive to be “the average citizen”!
@@chrisforker7487 I don't think I said people are striving to be average. There are a lot of people that work hard to get by and that's the best they can do.
Like button kids LOLOLOL! Keep killing it Josh!
I live on so little Home paid Low Property Taxes Car Paid Know the Mechanic that also owns a junk yard with my car specific. NO C Card Debt. Food is my biggest expenditure. Almost like a High School Kid
I don’t understand why this income is tax free from federal taxes?
Think about this. 42 million families live on less than this, me included.
I agree with you 100% the school my wife works for has no loyalty. She works for a charter school she fell on the job and never really cared about her she hurt her knee and had surgery. They never once asked how she is doing. The thing she fell over is still there.
I'm going to rely on Obamacare subsidies and social security. don't hate me bro
So...here's the thing ch...that early retirement thing you have in mind, early SS & Obamacare & all that...we might need you to hold off on that. Keep working & support those of us already retired. See what I mean?🤓
@@penelope5500lol 😂
@@penelope5500I got 7 years and 4 months before I retire with the irs rule of 55. 😊
tax free
Josh, this video was so good, I fondled the like button Twice! 😏
Good morning 🌞
I’m 61. I can take SS in April 2025. I have a$500 k saved. I’m not sure what to plan for. I have health issues. My work insurance is fantastic. I like my job, but I feel like I should move on. What should I do?
Pablo wants to live in that bag 😂
If you want to help senior citizens, especially those on social security and medicare part b, take their AGI after deductions. Those who gamble won't end up paying 85% social security tax plus maximum part b cost for the next year. Seniors like to gamble, but just one win of a few thousand dollars (which you lost) could cost you a lot in taxes and medicare part b. I know - it happened to me.
Sorry but, I don’t want to be fine, I want to be loaded!!!
Josh, AGS SIL-Glyde Multi-Purpose All-Weather Lubricating Compound applied with a finger to the weatherstripping where the window rides will quiet the annoying window. Ten bucks on Am*zon.
I agree with Josh. People make too big a deal about it in most cases. I have been retired almost 5 years now (when I was 56) - and if I add up my premiums plus out of pocket (medical & dental ) and compare it to what I spent on healthcare in 2019 while still working it’s only about $2k a year more in 2024. Even if it was 5k more than 2019 I’d have no regrets about retiring early! COBRA from work for most of 2020 was actually THE most expensive healthcare year I ever had! 2021 was $1000 less than 2019 with employer insurance. Now $2k a year more than 2019… not a big deal. Not much more than Medicare B plus a Supplement. Don’t let it keep you from retiring if you are otherwise ready. Don’t just assume it’s THE big difference maker like the MSM and some so-called finance gurus preach!
Get to the point and focus on your point please!!!!!!
Who Dey!!
PPO’s are a waste of money in my opinion. You don’t get any better care and the premiums are higher. You do get a bigger pool of MD’s to choose from and that’s about it. Never had a PPO in the 35 years of employment and I lived to tell about it. When working, healthcare was running about 250.00 a month give or take. My IRMAA charges will actually end up being more than that in retirement.
But what if you’re out of network- don’t the hmos get you then?
What are the odds you get sick while visiting Nebraska? HMO’s should cover urgent care visits. If you or one of your kids have a specific illness requiring special medical care then sure, go with the PPO. But if everyone is happy and healthy you need health care for colds and flu’s and the occasional broken bones. Maybe a tonsillectomy or prenatal care. HMO can do all that in spades. We always had open enrollment every year and I never felt the need to switch to a PPO. I did however pay extra for better dental care. Kids always get cavities and need braces.
This is truly a great, easy to understand practical demonstration of how it works. Thanks.
I've heard the one wife rule before. That's one of the financial advantages of being Catholic. Also teaches you to not chase every golden idol. Good stewardship is different than building a bigger barn for bragging rights.
I’ll trade you one pool for a couple of classic cars and maybe a nice old pickup - but that’s just me……..😂
Retiring the end of the year from coj at 62 single , paying $50 a month for medical, dental, and vision presently . Company offers the same benefits at retirement for $700 a month presently until 65