Thanks Rob for all you have provided this community in 2024. Your content is always on point and your delivery clear and actionable!❤
@SueTNguyenАй бұрын
I love how your response to all these questions have been the same. When your goal is to enjoy your retirement, we keep it simple.
@xpork160Ай бұрын
Roth vs. Traditional -> that Mike Piper video is probably the most comprehensive video on the topic out there. Strongly suggest.
@erickarnellАй бұрын
I really like your Five Question Friday videos so far. Giving you a little time to prepare a response is probably less stressful for you as well.
@PaulMoodyАй бұрын
54:23 @RobBerger love your show and videos - bit off topic, I recommend sticking to Specalized or Giant for ebikes. I ride 3k miles per season (in VT) and lead a 30+ group of e-riders. These two brands will survive the current bike mkt downturn and from our group’s bikes, these are the most reliable and capable. I ride 3x since getting an ebike. Don’t skimp on $’s (hurts my frugal mind to say that) you won’t regret. Also don’t worry about weight (analog bike mentality) as motor overcomes that. Thanks again for your videos
@janethunt4037Ай бұрын
I’m loving five question Friday. I loved your response on gold investments.
@rudged123Ай бұрын
I should think the primary difference between someone who has a relatively low amount of money saved for retirement and someone who has a lot is that the latter can tolerate more risk.
@FlagstaffChiefАй бұрын
If you are diversified into multiple equity categories, that gives you the ability to sell whichever one(s) is down the least or up the most as part of rebalancing. Trying to adjust the amount of cash away from your target allocation is a type of market timing. Your cash allocation is there to be spent. Spend it as you want and rebalance when you think it’s necessary. Maybe your cash allocation should be a variable, with the difference between max and min being what you expect to spend in a year. 41:53
@John-wx2ceАй бұрын
Hi Rob, Great as always! I am interested in your opinion of the projection model of Amazon’s Honest Math. Thank you!
@DennisAdamsballnchain90Ай бұрын
@Rob Berger, You mentioned you want a Tesla Model X, but have you test driven the Cybertruck? I did, I loved it, I have one now! That’s my first and only electric vehicle, and I absolutely love it. Sport, Utility, Speed, Exotic… Who could ask for anything more! 😅
@Monipenny1000Ай бұрын
Omar Morales questions regarding self directed IRAs and Bobs response. My FIL did private loans with his Roth IRA, his daughter borrowed tons of money from him through the years. Before the Roth money could be dispersed to the heirs, the loans he had in his IRA had to be paid back AND you have 10 years to pull the money out of the account. So keep that in mind concerning the beneficiaries to your accounts. If your loans are made to non-family, can and will those loans be paid back within 10 years? You might want to consider doing only short term loans. At least with my husbands sister, her loans were paid off with her inheritance from other accounts.
@HandlethecurvessmoothlyАй бұрын
I have read where Tennessee is showing up for the playoff game wearing Michigan unis. 😂
@chillysourdough8924Ай бұрын
When it comes to retirement investing, you should only take the amount of risk necessary to achieve the cash flow you need or the corpus amount needed for that cash flow. Unless your chosen method of "pencil" measuring is wealth. 😉
@krihanek117Ай бұрын
With the insane regulation in Europe I would stay away from that market, China and east Asia is another story, their growth could outpace the United States. VXUS has a 10year Sharpe Ratio of .28 ick, not for me. Thank you for another great show, you are providing a needed education to the community.
@joet.7831Ай бұрын
Since international funds haven't returned much. How long do you hold on to them wishing that one day they might return something?
@BiggMoАй бұрын
Rob, has your sponsorship changed from Bolden too Projection Lab?
@scoutii677Ай бұрын
Hey Rob. When comparing the 3 retirement planning software programs, in addition to the diff’t Monte Carlo results, can you also compare recommended Roth conversions under the same assumptions (i.e. convert to the 22% rate, max estate value, etc). I have Right Capital and Bolden, and find they give different recommendations. It would be interesting to understand if you find the same, as well as the underlying assumptions that drive for each program.
@wyzyguy726Ай бұрын
PROJECTIONLAB specific… how are taxes handled for Widow Tax Trap? Current user but can’t seem to simulate that. Thanks in advance.
@GiantBlue1963Ай бұрын
Withdrawal rates (lower the better) drive acceptable risk levels. If you have $1M and you need that 4% per year you don't really want a high equity allocation, you want a lower std dev so you can live calmly. If you have $10M and now have a 2% withdrawal rate, you can see your portfolio cut in half, take a 4% withdrawal and not really harmed yourself. So yes, you should invest differently as your total invest able assets grow and your essential withdrawal rate declines