Great topic. Always look forward to a new WealthTrack. Thanks.

Glad that volatility on the front end is being addressed instead of ignored. Thanks WealthTrack.

Great insight and advice!

$5k a month dca starting 1920, lol, a house was like $100 back then

I would submit that all of the work of disciplined investing is largely found these days in tax-deferred investment structures - retirement savings plans. You must take into consideration the impact of future tax rates that likely will be far higher than current rates. You cannot outrun high tax rates...You can avoid high taxes on withdrawals from retirement accounts by building tax-free income - munis, cash value life insurance (if you are eligible) should be an important component of retirement cash flows.

The trick in early/mid retirement years is to just withdraw dividends without touching the principle, combined with a pension or social security, then one should be fine

@PCConditioning

5 жыл бұрын

richard carlin I’m 40 y/o and have a SEP IRA, Roth IRA, HSA, individual brokerage acct, and ultimately Soc Sec at max withdrawal age (70, or whatever max age is down the road). What would be the most tax-efficient Sequential withdrawal/deccumulation approach for me? Roth would be last but I’m not sure about other accounts.

@richardcarlin1332

5 жыл бұрын

@@PCConditioning I know how much dividends each of my accounts generates. I can set the accounts (including from 401K) to deposit the dividends to a bank account, rather than reinvest. So here, I'm leaving the principle alone and just withdrawing the dividends. In your situation, if you still have to withdraw for minimum distribution more than you spend, you can reinvest in a regular investment account. The goal is to maintain the principle for as long as you can. Trust me, with inflation and other unknown expenses (usually healthcare), at some point we all will need to touch the principle.

@silver6054

5 жыл бұрын

This is similar to "the trick is just to have enough money!" The problem is that many people don't have nearly enough saved to avoid touching the principle

Annuity can take out 5% yearly. Seems volition decreased. Fiddling with market volition in leer age can be achalleng

Could anyone point me to the Morningstar study on obtaining outsized cash flows from adding an annuity compliment?

@cogen651

3 жыл бұрын

No

Does anyone have a good either value or growth dividend ETF that they use? Thank you.

@bluesky5587

4 жыл бұрын

Brian Moore not etf ..but look at vwiax or vwenx or go 50 50 ....just open account at vanguard....long long amazing record for these.

Normal peoples check may be just $4000 per month

SPIAs are the way to go for pay the bills money.

Why would any retiree wait until they retire to start selling stocks or sell bonds? You can start collecting dividends and capital gains from your IRA one year before you retire. This will allow you to ride through any market decline. If you have a IRA or 401K. It's not rocket science.

Reference 60 40 portfolio. Does this mean 60stocks 40 bonds?

@donnav7849

5 жыл бұрын

yes

@george6977

3 жыл бұрын

60:40 portfolio means 60% of the portfolio in stocks and 40% in bonds.

Its almost like he sees no down side to investing in stocks. He must sell stocks for a living.

@fredost1504

4 жыл бұрын

that isnt true. You werent listening. He clearly talked about sequence of returns risk of stocks that can happen in the years before and after retirement.

This guy is full of it. 2000 to 2020 people lost their shirt.

LOL - what % of viewers are in a $5,000 dollar cost averaging over 30 years income bracket - that is $180,000 per year in 1989 - in 2011 only 4.3% earned that

@RR-oj6co

5 жыл бұрын

A $5,000 contribution wasn’t the point. The point was that you would have made an 8.5% return if you contributed an equal monthly amount over a 30 year period including the worst years to be invested.

@kirkclements4893

5 жыл бұрын

@@RR-oj6co Then I would suggest using real world numbers (middle class experience). We know that using BS numbers destroys the credibility of everything you say there after.

@mmabagain

4 жыл бұрын

@@kirkclements4893 Not really. The 8.5% return still applies.

@ariefraiser140

4 жыл бұрын

@@kirkclements4893 Why are you so caught up with the monthly number? The point is the return you're getting. If it makes you feel better put away 20% of your income per year.

@cogen651

3 жыл бұрын

@@RR-oj6co that's bs. If you invested 2000 to march 23 2020 your return would be 2% lol .its only because the FED bailed you out it went back up..This guy is full of it because he's making commissions and risks nothing!

Another variable annuity salesman. Thaler wants to confiscate your 401K

No one will be getting 11% in 2019

@heidiaguilar1257

4 жыл бұрын

I got 8.9 percent.

@ariefraiser140

4 жыл бұрын

The market returned almost 30% in 2019.