$787k in my 401k and $160k in a cash balance pension plan. I'll be 59 in Dec. (Gen X) I'm hoping to retire in March to make 30 years with the company before I'm surplused. *crossing fingers

I LOVE my FSA! (lol, I love my MTV). I have "cadillac" insurance that I don't want to give up, so an FSA is good for anyone who really likes their employer-sponsored plans. Additionally, if one will be receiving retirement-healthcare (from their employer, upon retirement) then an FSA would be good for you too, since you wouldn't need to fund your own healthcare.

Stevie Glen

Mistake made at Timestamp 4:35. 2% employer match turned to 14%

Great analysis as always! Love to spread the word of getting started and get those savings up. Even starting late and having something is better than having nothing!

Im 42 at $130,000 in my tsp. Started at 35, maxed out last year, maxing this year. Govt took $6k from my tsp for working over 2240. Fighting it now, 30 years of compounding is $100,000. I hope I win.

Great video.

I am 29 years old with about $200,000 in investments and a paid off townhouse

This is amazing. It's the first time I see someone taking other income into consideration to determine 401k goals.

Awesome video, very validating as this is very close to how we operate. My wife is stay at home, i opened a spousal roth for her this year. The discretionary and annual subscription buckets are great ideas. What HYSAs do you use?

Are these household numbers or individual?

Is $600,000 enough to retire now at 62. My husband is receiving retirement + 100% VA.

Zora Meadow

Drew Mountain

I have both Roth IRAs and Roth 401ks... the Roth 401k amounts pale beside my traditional 401k/457/etc plans. The ROTH IRAs outweigh my traditional IRAs. The 401k amounts are much higher than my IRAs. Roth came out about 10 years into my working life, so those amounts are less.

Ashton Hill

Compromise works.....I wanted a Lamborghini and my wife wanted a 2003 Corolla......We compromised and got a Tesla Model Y.....Thanks for the advice

if you need to hide your money from your boyfriend/girlfriend... you probably shouldn't get married.

It's stunning to me that people/couples need to be taught this simple lesson. If one or both spouses can't bring themselves to combine finances because of distrust or some weird need for autonomy they shouldn't be married because they don't understand the concept.

Thanks as always for your content. Hello from St.Louis. Great timing on the video.

Double taxation and miss out on the 3% match. Seems like a 401k loan is not worth it. Better to pay taxes and a 10% penalty.

So they will take the tax, then every time you use that money paying taxes 😳

“Taxes, baby girl. Taxes.” 😂😂😂❤

Stark Isle

If the current executive administration retains power, I'm immediately putting everything in my TSP fund into the G Fund or I will immediately withdraw everything and pay the taxes. Right or wrong, I don't trust the current administration and I got burned badly in 2008 and it took what seemed like forever for it to recover! BTW, I'm retired and just letting it all ride in the C Fund.

The 3 accounts method is the first thing that came to mind for me as well for a system to take care of this stuff. Awesome video!

Thanks as always for your content.

I think, another way to look at many universities/colleges is similar to a product from companies. "Don't buy something based off of future promise for yourself." There may be no guarantee you'll get that job or the top salary. You may even end up not like whatever you got your degree once you're in the actual job field. They say to always set practical and realistic goals along the way and to have backup plans should one fails. Just my opinion.

I’m very glad I found you. You’re a really good teacher!

Very informative video. Does the payments your making go back to your account to get reinvested? Or not until the full loan is paid off?

I’ve always thought CDs were completely useless. Great way of demonstrating how to properly use them with overlap and changes in rates. Never know when knowledge becomes relevant again, things will come full circle again

We are going to open a 529 plan for our 2 year old daughter and our newborn son. As long as we keep contributing money into the 529 account for them, at 15 we can rollover $35k to their roth ira account correct?

does your child need to be finished with college before you can transfer from the 529 to a roth? i am putting in money to my son's roth up to whatever he earned for the year. i do not have a tab in my son's 529 regarding roth withdrawals. my son will definitely have a lot of money left over from his 529.

Makati is not the capital city of the Philippines. Manila is the capital

Thank you

Conn Islands

Step One: Change your underwear. Cause there's a 99% probability that you crapped your pants. Step Two: Buy new underwear, cause now you can afford to. Step Three: Look poor by wearing a simple white t-shirt in your profile photo.

Currently up 20% on gain with 75% C, 15% S and 1% I Fund. But I’m in traditional TSP. Where would you suggest going from here?

The highest rate since 2007??? Oh dear 😅

Great video thank you

Great video thank you

Skiles Villages

Too bad that markets don’t move In a linear manner as you detail in your spreadsheet. It just doesn’t work like that . A useful video would to build your spreadsheet using real returns of the last 25 years to illustrate the potential of how markets flow which includes volatility. Of which most folks freak out and that’s why there are so few millionaires 😂