I'm not a doom and gloomer, but we've never learned about investing and have a bunch of cash in a high yield saving account. I want to invest on a valley, not a mountain... Is it dumb to just keep hoarding it and wait for the market to not be super high?

Only if trump is president

RMD

Arthur is awesome! It would be great to have him on….

Why would anyone wants to die with over 2M$ in the bank??

Hi, what is the best way to contact you?

Hi, what is the best way to contact you?

People I saw all around me said they worked as long as they could then fell ill or infirm and never got to enjoy retirement, I said no way so I saved for 30 years (blue collar worker), bought and sold real estate single family, multi family and vacation houses, got a sweet buyout when interest rates were low so our buyout was high plus medical coverage til 65 Medicare. Retired at 53 years young, now 58 own a ranch, travel the country during the winter plus weekend trips in the summer. Look forward to building a house on some land I own, life is good.

I’d be curious to know ways to forestall the decline in fluid processing/skills. I retired from full time teaching last year because it wasn’t a good environment anymore. But I ended up getting a part-time teaching position elsewhere, and I think it’s just the right combination of a bit slower pace but still having to think on my feet (since I’m working with teenagers) every day.

Another HUGE benefit from making SS non-taxable to a LOT of seniors is it will lower their MAGI enough so they won't have to pay an IRMAA on Medicare. That savings could be almost as much as saving the tax on SS!

I just started retirement, and to figure out how much I need to live, I went though the past 5 years I have spent. I figured that is roughly what I need per month, and I can live on it!! Be careful until that is done!! Many people don't do this. Get a financial advisor like this video advises!!! Thanks Dan!!

Say I have $100k position in my IRA that’s now worth $50k, if I convert that to RothIRA, does the $50k increase my income and do I pay tax on that? What happens to my capital loss !

A session with Arthur Brooks discussing non-financial aspects of the retirement transition would be fabulous!

we paid those taxes when we made it u get tax when u make it you get tax when u spend s it and u get tax when u get your SSA

I think 8-10% on average is fair

That is the way it was originally written

Your government looking out for you. Right.

this makes the most sense

There’s always a catch

Not every United States citizen has the means to save money for old age.

I relate to all 5 non-financial regrets. Thank you👍

I am over 65 and never enrolled in Medicare and will not enroll in Medicare. Can I use an HSA?

How do they overcome expenses? Hedge fund expenses are not designed to benefit the high net worth. Warren Buffets bet proved that.

I retired as a main caregiver to elderly mother who has passed. Family first. Health is wealth is a priority. Over the years I have been cutting down on unnecessary expenses and looking at ways for energy saving practices. Contributed and donated to flood victims, earthquake victims and orphanages. In the process of downsizing and embrace frugal soft living. Gardening is the current favourite hobby. It brings me a lot of joy. Looking forward to next move and making it cosy,functional and disable friendly as I age to make it easier. It takes focus to think of how one would like to live for the next 20-30 years without burdening anyone. Thanks for your posting. Good points to consider. Getting there slowly and gradually step by step.

Regan taxed Social Security!?! Say it isn’t so.

What about the crazy inflation??

Remember, if there is a pool of wealth there are sharks in it.

Getting double-tax really sucks

Thanks for your continued education Dave! 👏🏽👍🏽 Semper Fi!❤️🇺🇸

Great video, thanks. I have tried contacting Streamline Financial numerous times and have filled out the “Get Started” questionnaire twice but I haven’t heard anything back. Do you have any suggestions?

Dave this is a great and informative video. Thank you!

Dave and his averages....he's like the 6 ft tall guy who drowned in the river that was an a average of 5 ft deep.

Rmd. Irma ?

Dave's advice should be limited to getting out of debt. With the rest, he simply doesn't live in the real world.

Great video brother👍 Is there anyway i could get your email? Would love to send you something!

So according to Dave, we need to ignore risk once we go into retirement

Yes love these types of videos with specific examples

Five years into retirement, I totally agree with the instinct to avoid spending money in the early years.

Kkr has to biased on PE AND pd. I think they are the next bubble

The government wants all your money. Then give you what they think you need.

Withdrawal rule that with no flexibility makes little sense. RMDs increase every year and inflation and your earnings will mean the withdrawal amount need to be adjusted every year. Those with the most secure income need to worry less about the ups and downs of the stock and bond markets

😅 chaz

The government tells me the sky is blue... I'll go out and check.

Dave just likes to be a Blowhard sometimes. There's nothing wrong with getting advice from these people, but don't rely on just one individual

The key to retirement is to Retire, and live a lifestyle that is condolement with your funds but you will need good financial planning.

Do you trust them?

how is it possible!?

Thank you Dave for your ever the very best advise for retirement. I am 65+ and yet in a dilemma! However, your 5 advises will be very beneficial and eye opening. Financially I will be very solvent, but the not emotionally! Thanks again Dave.

Well Trump cut taxes by the trillions for the very wealthy…and no one complained then. And our debt skyrocketed.

Is the software shown in this video available for your clients or as subscription?