Видео

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

Is there anyone that uses a 3 bucket theory investment that withdraws a % and then put guardrails into effect to lower the % pull out when the market is underperforming? I realize my advisors should hedge against this, but I was wondering if advisors do this? I am a couple of years away from retirement and I am leaning toward Bucket theory. My financial firm that would take over my retirement thru my employer does not do this to my knowledge regardless of how the market does they would remove money hurting my money due to not caring if my funds is making or losing money when I withdraw it.

I came for the free retirement content… stayed for the gun show 💪🏼💪🏼💪🏼

This is great information!!! It makes sense!!! Time to make adjustments in my retirement planning! (I'm 58.)

I just want my money to keep growing faster than inflation. That’s why I’m looking for companies to invest my retirement savings of $250K I have sitting in the bank. I just don’t know the best strategies to use to make solid gains with steady cash flow.

Can you modify your spreadsheet and add comments to the various boxes with explanations? For example, describing what legacy balance is. Also, could you add another sheet, providing instructions? Thank you!

Great content as usual, and highlights the importance of getting that last 5 years right to maximise the chances of a successful retirement.

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

Well that was clear as a big pool of mud

Good content, I stayed until the end and look forward to the guardrail video.

thanks for this information. i totally disagree with a 4% rule. take out what you need to live on. live blow ur means as we age, enjoy life. i would never need to keep pulling more as i age. does not make sense to me, but that is just me. happy retirement to all.

Saving and not spending is fine if it is your lifestyle and you enjoy it. It's a problem only if you stress to make/save and then stress again to decumulate. It should be treated as a disorder if you have enough in the retirement and yet you get stressed whenever you spend.

The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?

While I chose to claim early, this presentation seems to be biased towards early claiming. The benefit from claiming late appears after 70 y/o,due to higher SS payments. The portfolio comparison should extend to 90 y/o. Most of us won't live that long, but I don't want to risk looking for a job at 85 y/o.

Good content, probably get more subscribers at 1.0 speed.

Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.

Even with over a million in liquid assets I fear the damage the inevitable medical bills will cause.

I have all my assets in stocks, money market, and cash. I am holding two years of expenses in cash and money market. I think this is more than enough diversification to last until we are 90.

I agree with your comments about bond funds but I think your headline about being “lied to” and asset allocation being a “scam” is completely untrue. Those words don’t apply to the real issues you raise.

I’ve worked hard to save about $500,000 for retirement, and now I’m ready to turn my savings into a paycheck. But how much can I afford to withdraw from savings and spend is what I don’t know. If I spend too much, I risk being left with a shortfall later in retirement. But if I spend too little, I may not enjoy the retirement I envisioned. What’s your advice on this please?

I've been reconsidering my retirement strategy, questioning if my 401(k) and IRA are enough for a secure future. I’ve also invested $300K in the stock market, but the returns have been inconsistent and modest. I'm looking for an investment approach that better aligns with my risk tolerance and financial objectives.

Charitable giving is a great solution to having 'saved too much'.

333k including your house is AFFLUENT???

What exactly is the problem with not burning all the way through ones retirement? If someone can meet their needs and grow their retirement isn't that a win win?

Save 20 to 25 percent. Max out your Roth IRAs. Take advantage to Roth 401k if offered. Get all the employer match.

But most of the time bonds don’t go down when stocks go down. For a retired person investing in stocks should not be one hundred percent. Asset allocation IS the way to go. I prefer fixed index annuities as my bond equivalent. In a down year for the market the return is zero , no loss. In an up year I get some of the gain. That gain is credited to my principal and never lost. It might be appropriate for someone in their seventies. It’s worked well for me for fifteen years. Real estate is an asset worth considering. There are many ways to invest without being a landlord. He might not get a commission or fee on real estate so he may not mention this.

I’m 32 and investing for the first time in my life. I have started contributing to my 401K and opened a Roth IRA with automatic contributions, but my question is, does asset allocation really matter at first, or perhaps I am just overthinking as a beginner?

My first boss told me that the secret to life was to die owing as much money as possible.

Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $5k to $10k into trading from just few months ago and now they’re multimillionaires

If you are not working any more, so the decision is early collect or later delay, you are a winner up until the break even age. You may not make it that far or much farther anyway so you may as well enjoy it while you can. Having more money in your 60s is better than having more money in your 80s.

Thank you for showing that the basic "break even" points that people use as a rule of thumb is more nuanced. SOOOO many people think that they can just "straight line" SS payments at 62 vs 70 and determine that as long as they live past 82, they'll be ahead, when the reality is - if you are in the scenario that you have depicted here - the break even could be much later than 82. I mean, even at better rates of return than your example, the age 62 filer has a much more robust account balance at 70 than the 70 filer. Taking SS early is not only a prophylactic against poor returns, but also a benefit in good returns. I'm not saying 62 is the right choice, just that this scenario has to be considered in any break-even analysis.

No I don’t want my mother in law visiting 5x per year instead of once. (Lol Jk good vid bro)

Long term bond is not safe asset

Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

Excellent presentation by Peak Financial Planning👍👍

You lost me at “god”.

Thanks for excellent video. How long do i need to be married to someone in order for them to qualify for 1/2 of what I'm getting in social security benefit checks? Does that amount of time have to have transpired before i start withdrawals for them to qualify for this benefit?

I'm 52 now with a good retirement fund built up. My advice to someone starting out is that the first 10 to 15 years are the most difficult. It can seem like your fund isn't going anywhere for years. Put your money into good performing equity funds and relentlessly year in and year out keep paying in. Eventually 15-20 years down you'll see the magic of compounding really kick in. Don't be tempted to give up in the early years.

I started off August putting $6500. into high yield bonds. Then Sunday morning my car wouldn't start. After spending $900. on repairs I wondered if I would have enough in the bank to make it to September. But then I thought, what if I spend recklessly? So after multiple Amazon purchases I cut into the bank for about another $250. I splurged on nectarines and food and I was down to about $600 bank when my end of month annuity kicked in. I did hold off buying a second Enya battery USB guitar w/built in amp ($429-) because not wanting to wait for it to recharge was a poor excuse to repeat buy (a charge lasts about 10 hours) So i'm just too miserly to spend to excess. How do you fix that?

I've seen withdrawal plans that aim to exhaust your principle when you reach your life expectancy. That's great ... But what if I should be so unfortunate that I live linger than average? Ill run out of money. So my plan is to withdraw expected returns minus inflation. So my balance will grow with inflation, and ill never run out of money no longer how long I live. Then I leave the principle to my heirs. I have enough that this gives me enough to live on.

Inflation adjusted has a higher total than guard rail...

Your point 2 and 3 are not about asset allocation, but about market timing. I did not find that video to be about asset allocation. Speaking about asset allocation and just considering stocks (represented by the S&P 500) and bonds is not clarifying or explaining anything about what is asset allocation. Speaking about asset allocation should at lest saying something about the Fama French 3 or 5 factor model.

Life expectancy is dependent on current age. A male that is 62, life expectancy is now 81.1 years old.

So what would you recommend instead of BND for the safe part of a portfolio?

Buying individual corporate bonds or CDs may be an option in the short term. It seems like it is the bond fund that is the problem due to duration.

Seems like the 60/40 approach is dead and needs to be rethought. I am currently a no bond investor but I do buy high yield options ETFs like SPYI, QQQI, JEPQ, and FEPI along with SP500 index and growth stocks.

Dying with 5* your initial wealth is not a problem - LOL - it would be great!!! Running out of money in your 80s and living to 110, now that would be a problem!

Your definition of asset allocation (stocks and bonds only) is strange. No mention of gold, cash, trend strategies, carry strategies, commodities, long/short strategies, crypto, etc., let alone global equity diversification.