I'm 55 with ALL PRE-TAX (401k, IRA). When Should I Do Roth Conversions?

[@markwilhelm6938]

! Great video! and wow the scenario of the first couple was very close to ours. Our plan is to work until 60,sell our house, use the equity to do conversions while we have no income. We’ll be renting for the rest of our lives as we slow travel domestically and internationally! At least that’s the plan. Will be calling you in a few years Ari to see if we can pull it off! 😅

[@StressLessFinancial]

Your plan sounds exciting and well thought out-leveraging equity for conversions and embracing a nomadic lifestyle! What strategies are you considering to ensure a smooth transition between selling your home and funding your retirement while managing your investments?

[@adamsch.5411]

Great plan after you end up living longer than planned or rent as skyrocketed into your later years. Downsizing is sensible in retirement but selling your home at the beginning to fund your retirement is stupid.

[@KateCrambell]

Your update has pleased me, and I'm searching for a tax-efficient method to rebalance my 800k income portfolio without incurring capital gain tax. Which asset allocation techniques ought I to employ?

[@mackenziedarlin]

The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@JettaJWalls]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my $700k portfolio and boost performance and returns by 40% in a little over four years.

[@CharlesonGrace]

Would it be okay if I asked you to recommend this specific advisor or company that you used their services? Seems you've figured it all out.

[@JettaJWalls]

My CFA LAUREN CHRISTINE CAMPBELL a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@CharlesonGrace]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@petermilian4455]

Do one for early retirees aiming to retire at 50! Keep up the amazing content 💪

[@don_hug]

I converted my 401k to a Roth IRA to avoid higher taxes in the future. I'd rather pay taxes now than be stuck paying taxes on my retirement income when I'm 59 and living off my savings.

[@MariaLorenpe]

Pre-tax contributions may help reduce income taxes in your pre-retirement years while after-tax contributions may help reduce your income tax burden during retirement.

[@ric-morris7763]

Both have their perks but you can also save for retirement outside of a retirement plan, such as in an individual invstment account or employing the services of a retirement planner/invstment advsr.

[@don_hug]

I have thought about this, but haven't figured out how to get consultation, I don’t live in a big city.

[@ChristianJacquet9]

​ @ric-morris Hi what is the fee you are charged for the services offered, did you pay any upfront fees for consulting? Because I just set up a consult and I am not sure what to expect back.

[@joeweaver9913]

In almost every scenario, the pretax savings in your working years mop the floor with the Roth investments because we have a progressive federal income tax. Roth is extremely overrated, and anyone with a basic understanding of mathematics can see this with little effort.

[@AverageAmerican-m2m]

This is why I want to do is divest my 70k portfolio to include digital currencies with potential for high growth and profit. I've read that is how people are making a lot of profit in the market now. Can you make a video on that?

[@BrianMattews-i7t]

That's a good way to go. I had some difficulties two years ago when I wanted to invest some money in the digital cryptocurrencies, but I started with a CFP and investment just feels really easy since then and I've also made a lot of profit.

[@billclinton-f8n]

I agree. I also work with a CFP who has a good understanding of both the digital market and stock market. These days experts who have an all-round understanding are in short supply. This last quarter alone I've already made more than 150k in net profit.

[@Too-old-Forthischet]

This sounds incredible. Could you recommend who you work with so I can check them out?

[@billclinton-f8n]

Sophia Irene Powell is the licensed advisor I use. Just search the name. You’ll find necessary details to work with to set up an appointment.

[@AlbertGReene-p8w]

Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

[@MidlifeCrisisManagement]

great video, Ari! always appreciate you explaining the "why" behind the "what" and showing real-life examples.

[@earlyretirementari]

Appreciate that!!

[@MarkJoe-e7f]

How can I maximize my investment portfolio without having to be taxed to the teeth whenever I liquidate my assets? I currently have about 80k in stocks and some more in the crypto market.

[@BarryWhite-h9m]

True, the tax codes can be unfavourable. I can definitely relate with this.

[@NormanGhali]

Haha but you could actually make a lot of profit and not worry too much about taxes. It's all about playing the game well. I work with a financial advisor and I make sizeable profit north of 300k every quarter without even doing much.

[@Redwood4040]

This sounds like incredible profit. Could you recommend who you work with so I could check them out?

[@NormanGhali]

Marissa Lynn Babula is the licensed advisor I use. Just search the name. You’ll find necessary details to work with to set up an appointment.

[@JoelCharisma-q5u]

Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

[@markb8515]

Thanks Ari for another very informative video!

[@NKUBill]

Great video Ari! I'm currently (Retired and 56) filling up my tax bracket with Roth conversions. KY residents pay no state taxes on the first 31k that is converted so on the money I convert I will never pay state taxes 😀

[@JetFire9]

I live in Texas. No state taxes at all. Winner!

[@RetrieverTrainingAlone]

Retired and age 67. We used some of our recent inheritance to pay taxes on Roth Conversions to reduce tax bracket starting at age 73 and RMDs. Plus the Roth will be tax free for our heirs when we die.

[@fprintf]

Your series has been so helpful and amazing. I'm going to try and do this on my own using the software to show my wife what is possible with the money we've saved (more than what you showed here). However I suspect we may come knocking for live guidance as I'm certain she'll want me to keep working forever. :-)

[@earlyretirementari]

Thank you for the kind words. Sounds great. We’ll be here in the future and appreciate the kind words.

[@ralphparker]

Nice presentation.

[@kylesweet4640]

Hi, You reccommed opening a ROTH IRA as soon as possible. However, we make too much money as a married couple. Any suggestions?

[@alrocky]

Are you familiar with *_back door_* Roth IRA process?

[@jqx7743]

Monthly expenses are after taxes or before taxes?

[@earlyretirementari]

After taxes, adjusted for inflation.

[@azieltobias]

This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a KZbin channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.

[@BaileyHoward101]

Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.

[@mellon-wrigley3]

I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.

[@Buffet-walton22]

@@mellon-wrigley3 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?

[@mellon-wrigley3]

My CFA Izella Annette Anderson a renowned figure in her line of work. I recommend researching her credentials further.

[@sloanmarriott5]

Thank you for this amazing tip. I just looked the name up and wrote her.

[@Rick-s5d]

Thank you for your videos! For those who are more than 5 years away from early retirement, would it ever make sense to use a Roth conversion ladder strategy instead of contributing to a taxable account to bridge the gap from age X to age 59.5?

[@earlyretirementari]

Yes. Per usual, it depends.

[@J-2024-v8i]

The Roth conversion ladder may work if you only have the money from your retirement accounts to fund that gap, but you will be limiting the growth in the Roth since you will be withdrawing the converted money 5 years after the conversion, and you probably will be investing it conservatively to avoid having to withdraw it in a down market. It might be best, if you can afford it and have enough time before retirement, to fund the taxable brokerage account while you are working and let it grow until you retire, to hopefully an amount large enough to fund the gap, and invest it more conservatively once you retire so that it lasts at least until 59.5 or more. Of course you should try to fund both, prioritizing the Roth early in your career so that it grows for the future, and prioritizing the brokerage as you get closer to retirement, but best to be funding both if you can afford it, as you are limited anyway on how much you can contribute to a retirement account each year (although there is no limit on conversions).

[@karengacke3787]

Is it best to wait until after you retire to open a roth account or to open one before retirement and then do roth conversions after retiring? Love your videos, Ari.

[@J-2024-v8i]

It is best to open a Roth account ASAP and fund even if with a small contribution. This is because one of the rules for withdrawal of earnings to be tax and penalty free after 59.5, is for the account to be open with a first contribution for at least 5 years.

[@karengacke3787]

Thanks ​@@J-2024-v8i

[@chrisjtyson3532]

Great video. I’m 49 and routinely backdoor my IRA contributions into my Roth IRA so my retirement is all 401k/403b and Roth IRA. Is it possible to convert 401k/403b funds to Roth IRA before 59.5? I thought doing so would incur the early withdrawal penalty. Thanks!

[@J-2024-v8i]

Yes, you can convert to Roth at any age without penalty, but you pay income tax on the amount converted. Converting out of a pre-tax 401k can be tricky. If you are an active employee with the company, you can probably not rollover/convert to an outside Roth IRA, unless you have in it funds that you rolled over from a previous employer 401k and your current plan allows for in-service distributions of those funds. If you are no longer an employee, you would have to check if the plan allows for partial distributions, as otherwise, to avoid having to convert the entire amount, you would first need to rollover the full amount to a rollover IRA (still pretax), and then you can convert partial amounts from the rollover IRA to your Roth IRA.

[@chrisjtyson3532]

@@J-2024-v8i thanks! That’s helpful.

[@AszRox]

i would love to get this software to plug my data in

[@earlyretirementari]

Here you go: ari-taublieb.mykajabi.com/early-retirement-academy

[@betcoinking]

swear, $STEP represents what real blockchain utility looks like)))

[@gavinbowman8234]

Is all the conversion modeling in the Roots software?

[@earlyretirementari]

Yes

[@mikelally97]

If you have >$2.5M in pre-tax, it’s practically impossible to shift all that money into a Roth without either paying a huge tax bill up front, paying sizeable tax bills for years and staying employed for the sole purpose of paying taxes, or still having huge RMD’s. Either way the problem isn’t really solved because the balance in your pre-tax vehicle grows faster than you can withdraw it…unless you’re an extremely conservative investor, in which case you’ve missed out on the best 15 years of market growth in the history of stocks. I’m 50, and I’ve determined that the break-even for me is 78 years old. I likely won’t be alive by then, so I’d be going this conversion only for my heirs. Not worth it. I’ll donate all of the RMD’s to charity and live off my Roth which already has a decent and growing balance in it.

[@dougb.2627]

I think you can donate the asset to charity before it's distributed without paying any tax.on that deferred income.

[@LesterHess-t1x]

When I sell my assets, how can I optimise my investment portfolio without incurring crippling taxes? I currently own roughly $80,000 worth of stocks and a little more in cryptocurrency.

[@wmwoods-l4f]

The tax laws can be unfriendly, it's true. This is very relatable to me.

[@j.ottinger]

You could genuinely make a lot of money and not have to worry about taxes, haha. The key is to play the game well. I work with a financial advisor, and despite not doing much, I make a sizable profit each quarter-more than $300,000.

[@karitanaw]

This sounds like incredible profit. Could you recommend who you work with so I could check them out?

[@j.ottinger]

Annette Marie Holt is the licensed advisor I use. Just search the name. You’ll find necessary details to work with to set up an appointment.

[@karitanaw]

Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

[@delawariand9860]

A big problem with the projection is that the RMDs are sometimes 20 years into the future but they assume the same tax brackets. If you assume inflation it is also probable that the tax brackets will move. This will lower your taxes. Think about it the RMD is only about 5% at age 75. The other problem with all projections is the tax code can change. Which is likely over 20 years. Not saying this projection is bad just that taxes are likely to change depending on who gets elected.

[@earlyretirementari]

I assume different tax brackets but good thought!

[@scottbaker9066]

As you point out; there are several variables, it's like college Algebra (not DiffyQ or Laplace Transforms) just make good plans for the situation we have now and understand the likelihood of various changes - 1 could be expensive, 1 could be a wash, 2 could be to your benefit. if you see one party win in 24 you might expect upper tax bracket rates to increase, and stock values to rise slower, and SSI/Medicare to go up? if the other wins ... you just need to plan for expected adjustments ... and if your RMDs are 20 years out you can bet the pendulum will sing 2 or 3 times.

[@pglover19]

Ari. I have access to the academy that was offered by James Conole. This gives me access to the RightCapital software; however, for some reason the Tax module is not accessible for me. If I pay for academy being offered by you, will I get the same content that is in Jame's academy? Also, will I get access to the tax module within RightCapital if I pay for the academy being offered by you? Thank you so much for your awesome videos. I have learned so much and appreciate the awesome content. God bless you.

[@earlyretirementari]

Send my team an email: [e-mail]

[@pglover19]

@@earlyretirementari Just sent you an email. Thank you.

[@mathalwaysii]

I'm confused. How is this couple with less than $2M asset your client?

[@earlyretirementari]

The minimum wasn’t always $2M and we hope to decrease it in the future once again.

[@rajbeekie7124]

The $2M is bragging rights.

[@BrigetGstar]

Retirement isn’t an end g0al, but a journey best secured by careful and consistent investments....

[@NoahNollens]

Diversification spreads the risk, just like planting different seeds ensures a fruitful harvest.

[@tahirisaid2693]

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

[@MablePauls]

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

[@tahirisaid2693]

If you’re looking for guidance, Julianne Iwersen Niemann is the advisor i use. Research her name for all the necessary info to contact her.

[@tahirisaid2693]

JULIANNE IWERSEN NIEMANN' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@darinkizer1231]

Great info. Quick question: At one point you said something along the lines of "working ONE MORE year makes a big difference". Wouldn't it be more accurate to say "one LESS YEAR of drawing down savings makes a big difference"? Thanks for the content and keep it coming!

[@earlyretirementari]

Here you go kzbin.info/www/bejne/l5Obn6FvZbt5bJIsi=idBb19kkkp4hYX_8

[@nino714]

Yes. Working one more year would mean one less year of drawdown. AND it would mean contributing to reticent accounts for one more year.

[@earlyretirementari]

@@nino714 Working longer can be great, but working one year less can be great if you don’t need it and get more time with family

[@EC-pk1qb]

Thank you for another great video. I noticed that in the video, the example for cash flow at 9:40 has the unsaved cash flow go to the net flow. In the software from the academy it is set to spend unsaved cash flow. Is there a way to change to what you have in the video?

[@mikej.4416]

Does it make sense to do Roth conversions before getting to retirement age? For example, if someone was in their 30’s or 40’s, does it get better or worse?

[@coastalhillbilly3419]

Likely, most people in their 30s-40s are already in high ( 22+ %) tax brackets?

[@semosancus5506]

All depends on your current marginal tax rate vs. what you anticipate paying later. If you are high income now, it is likely best to not do anything. But if you happen to take a year off and live off cash - yes fill up the 22% bracket that year.

[@elibennett6168]

You can start by putting fresh money into Roth to let it grow.

[@yeffblanco]

I like this channel & recently subscribed. The algorithm is good but not perfect. It suggests you first, when I was going to look at the live chart BTC. Surely you are watching price BTC go ATH, currently.

[@jeffgilmore3147]

Is the academy and software for $250 for a year only, lifetime, subscription...?

[@earlyretirementari]

Lifetime. One time cost.

[@aspnetp]

@@earlyretirementari wait, I see it for $299. Do I need a promo code?

[@earlyretirementari]

@@aspnetp no code. The price is $299 for all.

[@brianmcdermott7208]

Where's the link to the academy? Looked for it on the Root webpage and couldn't seem to find it.

[@denwoz7788]

Does the software pull in data from my bank/brokerage? Does it pull in updated tax information as well? I currently use Personal Capital for my retirement planner, so was wondering how this would compare? If there’s more details on the software itself, I’d love to read more.

[@earlyretirementari]

Check out RightCapital - that’s the software. It pulls in information for maximum optimization minus anything that impedes security.

[@RGTechTalk]

These videos are very informative, but it seems like they always give examples for high wage earning households. I want to to see an example that resonates with the 98% of people who earn less than $100k per year mid fifties with far less saved in a 401K. No additional side money, small bank account, no brokerage account etc. The example I just laid out fits the majority, not the 2% he always uses in his examples. Personally my retirement savings will be where they need to be, but not until full retirement age and assuming Social Security doesn't go away or get reduced. I will rely on both SSI and my 401K.

[@chrisgray5518]

He did state at the 4:03 mark that the minimum requirement to work with them is $2 million. Then oddly enough gives an example of a couple with only $1.47 million, and 25% of that is home equity. But anyway, you need to zip over to Buzz's retirement garage and watch his videos on retiring on Social Security alone.

[@RGTechTalk]

@@chrisgray5518I guess I missed the 2 million minimum. Thanks for pointing that out. My retirement savings is on track to be over a million plus SS not counting my home. I was just curious to see him use the root software with an IRA and 401k but with much lower savings. Curious to see how he would work out the numbers.

[@chrisgray5518]

@@RGTechTalk I wasn't trying to point out an oversight on your part. Sorry if it seemed that way. I didn't understand why it was necessary to point out a minimum financial requirement when the example didn't meet it.

[@RGTechTalk]

@@chrisgray5518it does make me wonder too.

[@kjafar0502]

I love all your content and how you teach us to think about the retirement problem we are trying to solve. Is there a coupon code that can be used to get the Early Retirement course for $250? It currently shows $299 on the site. Thanks for all that you do!

[@TheFutureisTheFuture]

I'm pretty much in this boat... age 54, 1.5 mill in a regular 401k, pension... yada yada yada. I looked at conversion and the cost was $350k to convert and you can NOT use the money in the 401k to do the conversion. It has to be fresh money. Sadly I do not have an additional $350k sitting around so I'm holding tight for them to come up with new ways to convert that won't make me poor until I retire 🙂

[@elibennett6168]

Why not do a bit at a time? I plan to use my first several years of retirement to convert some each year to plan for the time one of us in alone and paying the single-filer bracket rates.

[@TheFutureisTheFuture]

@@elibennett6168 indeed I will. Basically waiting until I'm not working then start the conversions as per the advice in other videos from Ari 🙂

[@elibennett6168]

@@TheFutureisTheFuture Same here - the issue of the widow's penalty as well as IRMAA has changed our timeline.

[@MurderMostFowl]

It’s “sigh-ann”

[@scottbaker9066]

What does your Conservative, Moderate, and Aggressive options entail? I think we are Moderate but maybe almost Aggressive. We have a LOT of stocks (they grow) and 20% bonds or 'not stock' investments like the house, ss and a pension and some other crap that doesn't grow in value.

[@earlyretirementari]

You can see all in the academy!

[@gambno99]

What planning software do you use?

[@earlyretirementari]

RightCapital

[@gambno99]

@@earlyretirementari Thank you! I appreciate the informative videos you have been posting.

[@earlyretirementari]

@@gambno99 you’re very welcome!

[@cardp17]

Notice they never provide the answer for the case study. AAF.

[@LiviaDeantyG]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family....

[@LiviaDeantyG]

@KeonKramertgF Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.

[@LiviaDeantyG]

@KeonKramertgF *MARGARET MOLLI ALVEY*

[@LiviaDeantyG]

Lookup with her name on the webpage.

[@YareliClarketwG]

@KeonKramertgF *MARGARET MOLLI ALVEY* her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy

[@jamesstudy686]

How can you convert to a roth after you stopped earning an income? Isn’t that what this strategy is showing?

[@J-2024-v8i]

You don’t need to earn income to convert from a pre-tax IRA to a Roth. You only need earned income to make NEW contributions to a Roth.

[@jamesstudy686]

@@J-2024-v8i Thanks. Is it possible to convert if the employer plan doesn’t offer any Roth option? My guess is no.

[@J-2024-v8i]

@@jamesstudy686 Usually when we convert, it is done from an IRA (not an employer 401k plan) to a Roth IRA. You can rollover your 401k first to a rollover IRA (this is not taxable). Then you can do partial conversions from the rollover IRA to your Roth IRA. If for some reason you don’t want to get completely out of the 401k, you need to check if your plan allows for partial distributions/rollovers that you can move (convert) to a Roth IRA, which is taxable. If partial distributions are not allowed, then you would only be able to do a full conversion of your entire 401k to your Roth IRA, which you may not want to do if the 401k is large as it would be a big tax hit, and you are better of moving it to the rollover IRA first as I mention above.

[@墨紫月]

Same situation, we choose not to convert

[@anthonylosego]

This fine line where it grows predominately, or sinks predominately is well illustrated by the national debt. Same idea, larger scale. National debt is on the wrong side of the line of course. lol

[@darrellq6954]

People will always feel they don't have enough even though they have Enough.....

[@rolandosouffrain7957]

Lucky me, all my retirement money is in Roth 401k and Roth I.R.A. i alao have a super hero account at Robinhood but i wont retire till 65. I like my job and hate being gome doing nothing. Lol 😂😂🎉🎉

[@earlyretirementari]

You’re crushing it!

[@mandypdx]

Wouldn’t you want some pre-tax, up to the standard deduction for when you do retire?

[@rolandosouffrain7957]

@mandypdx a few reasons why I only do Roth. At retirement I need all my money, not now. I will never have RMDs, no or less taxes on my S.S. when I die I will pass all of my money a milly or 2 tax free to my daughter. When I see 1 million in my account all of that 1 million is mine. Lol 🤣 😂

[@higherho1540]

You will always pay more taxes now than you do the entire span of your retirement. The people who have 2 million + in their 401k pre tax (not many mind you, that’s not as common as you think) or waiting till 70 + to drain some of it (is crazy to wait that long given male life expectancy in the US) are crazy, especially when you’re that age and a majority of of retire’s don’t do as much as they once did when they were younger. The moment you are forced to drain 200 k + a year of your retirement, you’re probably already going to be in a a nursing home or dead. I think people believe retirement is going to be beach vacations all year, going out daily, etc. Maybe between yours 60’s to 70 but boy, those people will soon wake up when they hit 65 +. Especially those who don’t take care of themselves today. 6000 a month they want to spend? doubt they ever will. How much do they spend now on non major loans / bills? I highly doubt that much. People are delusional when it comes to this stuff.

[@higherho1540]

Plus they are only doing 5% in their 401k? Yikes, I’m doing 15% before a 5% match (20% if you count that). Then again they do have 1 million already in the 401ks so they’re technically in a great position, especially considering none of this is factoring social security.

[@wadsbanks7068]

Do all you can before age 63!!!! Medicare tax

[@earlyretirementari]

IRMAA!!

[@earlyretirementari]

kzbin.info/www/bejne/iaS9hpd4m7qMpc0si=egLZShpP5a74tDoC

[@sanjaypatelmd4669]

I will not go for Roth IRA…I will grow my pre taxed money and pay taxes later…I would put more money from my pay check into 401k…pay taxes later. In retirement I withdraw my money wisely…. While I am withdrawing money from 401 k I will buy and sell my other taxable portfolio tax neutral by tax lost harvesting strategy and if I need extra income rely on my municipality bond interest portfolio.

[@nrivera567]

Ari can you please do another example for a couple trying to retire early 50y/o with 2+ mil in 401K Thanks! I’m so confused on what to do to Bridge the cap until 59.5!

[@earlyretirementari]

You got it!

[@RamzanBarysheva]

Great Video! Planning ahead can really make a big difference, especially when it comes to minimizing taxes. I’ve been exploring the crypto and stock markets for about six months now, and it’s been a game changer for me. I decided to reinvest my RMD strategically, and that decision has really paid off-I’m now pulling in around $25k a week with very little trading on my end. It’s been a great way to create a cushion and relieve a lot of financial stress. Best of luck with your-I hope you find the same peace of mind!

[@VishalFaucet]

25k a week? Amazing! how did you get started?

[@RamzanBarysheva]

I signed up for a 1-on-1 trading session. It's like copy trading, but with personalized guidance.

[@RamzanBarysheva]

It's a secure and supportive way to improve your trading skills while earning, the best part is there's no upfront payment required

[@RamzanBarysheva]

I suggest consulting with Dave for guidance, This way you can get strategies designed to address your unique long/short-term goals

[@RamzanBarysheva]

Dave is someone who offers guidance and strategies for trading, helping individuals navigate the market more effectively. He’s known for his personalized approach, which can be really helpful for both new and experienced traders!

[@lionelmandrake785]

2 mil minimum. Well la di da.

[@JimSanford-g3d]

Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

[@PositiveChange-e7x]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire `

[@UnityStandard]

True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q2 2025.

[@SamuelUlrich-o4u]

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you

[@UnityStandard]

Google Rebecca Lynne Buie and do your own research. She has portfolio management down to a science

[@AlyCelie]

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@mickeymcintire7621]

The average lifespan is 74-78. Why dies with millions. Use it now!!!

[@Ozymandias-r2v]

What happens if I am in the highest tax bracket before I retire and my dividends from my taxable account still keep me in the highest tax bracket after I retire? There is no point in doing a conversion. I would pay out 50% in tax immediately. I am better off holding until I have mandatory distributions.

[@bryanturner4686]

Disappointing video. No info just click bait. No info given other than buy my software and we’ll see what you may need. Smh

[@subri120499]

lol. I shut you off as soon as I heard “$2M to work with us”. None of you YT advisors are realistic, and to make matters worse- you assume people in ‘not-great-shape’ for retirement at say age 60… don’t care/arent motivated to improve/arent smart enough or make enough to improve or be better. This is terrible advice just based on principle… before I even look at your video. But - you have your audience. Good luck with that, I understand you’re not good enough to work with anybody that has a lower net worth, since you’d have to work that much harder.

[@runslow5054]

The min to work with us is 2m😂😂😂

[@Mitzi73]

Well at least he is releasing free videos.

[@Pje3ski]

Guess that means they have plenty of work.

[@davedeboy5726]

When I saw only 1m I rolled my eyes. you need 4-5m today to retire.

[@MrEdwardCollins]

Good grief. That's not true at all. Not everyone needs four to five million to retire. I retired three years ago with far, FAR less than that, and I'm fine. My home is paid for, I have no outstanding debt, I have a passive income that pays for all of my expenses...