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Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.

@duanec.sutherland5292 Congratulations on retiring at 53, and thank you for sharing your experience! I hope you continue to enjoy your retirement. Thanks for checking out the video.

@Florencewalter-o4s Thank you for checking out the video. I hope it was helpful in some way. It sounds like you are set for a comfortable retirement!

That's great advice and so often overlooked. Thank you for the comment!

I hope those young people see your comment and take your advice to heart! 🙂 I wish I had someone to go to for advice when I was younger, or that channels like this one had existed-but the internet wasn't even around back then. 😏 Thank you for your comment!

@MikesFinancialEdge Indeed. That is the science of money for you. It is either gained experientially or through mentorship/apprenticeship. It is never taught in school. For many of us, we only understand money properly after so much time has passed, and after so many missed investment opportunities.

So true!

I believe SCHD had an inception date of October 2011. I was curious what you used to backtest the fund. Did you possibly use Portfolio Visualizer to create a custom portfolio that tries to replicate it? It's interesting how SCHD's composition has changed over the years, which is consistent with all funds. For example, in 2012, SCHD's top ten holdings included companies like ExxonMobil, Chevron, Johnson & Johnson, Procter & Gamble, and Coca-Cola. Now, only KO remains in its top ten. There were other dividend-focused funds, like SDY and VIG, that existed in 2008, but they tend to hold different companies. At least today, they have very little overlap with SCHD. Looking at those dividend-paying funds in 2008, SDY was down 22.88%, and VIG dropped 26.59%. 2008 was certainly a challenging year for any asset. Not only did the stock market drop, but we all remember what happened to real estate. 2008 was the worst year for the S&P 500 since 1931, with the index losing just over 37%. Although, it bounced back over 27% in 2009 and another 14.87% in 2010. Anyway, I really appreciate your comment and was curious how you recreated the fund.

@ thank you for your reply. I appreciate the information you provided.

You're welcome - Thanks for supporting the channel.

Great!🙂

Those four would make a fine mix as well. You’re replacing QQQ with another growth fund, MGK, which has a 64% overlap with QQQ. It also looks like you’ve included two dividend funds, but they’re quite different, with only an 11% overlap. As mentioned in the video, small-cap funds have historically performed well over long periods of time compared to the broad market. However, they’ve been underperforming during the recent bull market, which is fairly typical in a strong market. Thanks for watching the video and sharing your thoughts!

Yes, there’s currently about a 50% overlap between the S&P 500 and QQQ. Another interesting fund to consider is SPYG-it’s somewhat of a mix between the S&P 500 and QQQ. Naturally, as you mentioned, the right weightings depend on a person’s time horizon and risk tolerance. Thanks for watching the video and for your comment!

Did you want the video? It's pretty detailed.

@ I saw the QQQ part. Had to run.🏃

When you have time, I think it would be helpful to review the reasoning behind some of the changes I suggested to the original 3-fund portfolio. The discussion covers how the world economy has evolved over the years, the percentage of companies’ sales now coming from outside the U.S., historical bond returns, and more. If you do take the time to check out the video, I’d love to hear your thoughts. Thanks for stopping by!

@@MikesFinancialEdge Thanks anyway.

Any of the funds I mentioned can be purchased without any fees on Fidelity. Keep in mind that when buying ETFs, you don't need a Vanguard account to buy VOO, for example. It can be purchased at any discount broker, like Fidelity or Schwab. Thus, all the funds mentioned are available for purchase with your Fidelity account. Certain mutual funds, however, are not always available across all platforms. If you’re looking for Fidelity's mutual fund for the S&P 500, for example, that would be FXAIX. Anyway, thank you for checking out the video. Let me know if you still have any questions.

Thank you for the comment. I hope it was helpful.

Thank you for the comment and checking out the video. Glad to hear you liked it.

Thank you for checking out the video and leaving a comment! I’ll aim to address Roth conversions in more detail in a future video. If your company is now offering a Roth 401(k) option, that’s definitely something to consider. I also have a video that discusses the details of that decision, which I’ll link below, along with a couple of others that may be relevant to your situation. If you view them, feel free to ask any further questions. Happy to hear you liked this video. Traditional vs Roth 401K: The Optimal Strategy: ruclips.net/video/pGSMKGwhues/видео.html How to Pay $0 Taxes on $100k Retirement Income: ruclips.net/video/0-5l__S2lMk/видео.html Optimal Order to Invest: ruclips.net/video/tW5o5K7BDUs/видео.html

Thank you for the comment! Glad to hear you found it helpful!

Thank you for subscribing to the channel! From your comment, there are many topics to cover to do it justice, so I’ve linked a few of my videos below that you might find helpful. When you have time, they may help answer some of your questions. The concept of the "sequence of returns risk" is always something we need to be aware of in retirement, so I’ve included a video on that topic. Naturally, any funds you may need to withdraw from your accounts over the next 2-5 years should be held in something relatively stable that won’t lose value during a potential market downturn. Options like a staggered CD approach, high-yield savings accounts (HYSA), or various money market funds work well for short-term investments. It must be comforting to know you have around $90K of yearly income, though. I’m not sure which videos you’ve watched yet, but if you haven’t seen these, here are a few that might be worth your time. As you view them, feel free to comment-I do my best to reply. Thank you for being part of the channel! Sequence of Returns Risk Explained: ruclips.net/video/5iUfPqigcB4/видео.html Safe Withdrawal Rates: ruclips.net/video/xQDCBt86s9Q/видео.html Here’s How to Pay $0 Taxes on $100k Retirement Income: ruclips.net/video/0-5l__S2lMk/видео.html Asset Allocation by Age: ruclips.net/video/EMHi0yhc3ZA/видео.html 3-Fund Portfolio: ruclips.net/video/TdhzZaqTWPQ/видео.html Invest Better Than Professionals: ruclips.net/video/FqKCDqcOqWg/видео.html

Happy to hear it was helpful and informative! Yes, RMDs are definitely something we all need to be aware of.

Thank you for the comment! I am happy to hear you found it so helpful.

When I was young, I was very interested in investing, but I didn’t know anyone I could turn to for advice. The internet didn’t exist, so there were no channels like this one, and I didn’t know anyone in my little town who even invested. Like you, I tried many different (and sometimes silly) methods and learned a bit along the way through the school of hard knocks. I’m happy to hear you enjoyed the video. It’s too bad we both didn’t have resources like this years ago. 😉 I really appreciate you sharing your story-it will hopefully help others too. I hope you’re enjoying retirement. Thanks again for the comment, and I hope you find other videos on the channel helpful or informative. Since you are in retirement, I mentioned a couple videos earlier you might want to check out. Here they are again. Seqence of Returns Risk: ruclips.net/video/5iUfPqigcB4/видео.html Safe Withdrawal Rates (4% Rule Myth): ruclips.net/video/xQDCBt86s9Q/видео.html

Thank you for checking out the video! Determining the proper asset allocation depends on many factors, including age, desired retirement timeline, risk tolerance, income streams, expenses, debt payments, and more. In general, someone younger with a longer time horizon before retirement should focus more on growth-oriented funds that track the broad market rather than seeking dividends. Additionally, if funds are held in a personal brokerage account, taxes will be due yearly on any dividends earned. I’ve linked a couple of videos here that I think will be very helpful in answering your question. Thanks again for being part of the channel. Understanding Risk Tolerance: ruclips.net/video/EMHi0yhc3ZA/видео.html What I Wish I Knew Before Investing: ruclips.net/video/WxEYYZSo4wI/видео.html

I'm happy to hear you found the video helpful! If you're in retirement, it’s crucial to protect yourself from what's called the sequence of returns risk. I'll leave a couple of other videos linked below that you should watch when you have time. It’s important to avoid being in a position where you need to withdraw money during market downturns. To prepare, it’s generally a good idea to keep funds for your expenses over the next 3-5 years in assets that won't lose value. These could include a staggered CD approach, high-yield savings accounts (HYSAs), government securities, or various money market funds. That said, I can't make specific recommendations for anyone because there are too many personal factors to consider. I’m not a licensed advisor, and your risk tolerance, income streams, expenses, debt payments, and other factors all play a role in determining the right asset allocation and investments for you. For anyone in retirement, I believe these are two must-watch videos! Thank you again for your comment and support of the channel. Seqence of Returns Risk: ruclips.net/video/5iUfPqigcB4/видео.html Safe Withdrawal Rates (4% Rule Myth): ruclips.net/video/xQDCBt86s9Q/видео.html

Not sure what you are trying to say here, but thanks for watching the video.

Thank you for checking out the video and the comment. It's appreciated.

Thank you for sharing your experiences. Like you, I’ve been hearing for the past 15 years that the U.S. stock market is overvalued. In fact, even just a couple of years ago, many were predicting a huge correction or crash. Yet, in 2023, the S&P 500 was up 26%, and it rose around 25% in 2024. That said, no one can predict the future! Some of the worst advice comes from analysts and their predictions. One study examined the track record of stock market experts and their forecasts. The data set included over 6,600 predictions made by 68 so-called experts over an 8-year period, and their accuracy rate was only 47%. You would have been better off flipping a coin. For example, Jim Cramer had an accuracy rate of 47%, and a former chief U.S. investment strategist at Goldman Sachs was right just 35% of the time. Clearly, forecasts are not helpful. Instead, tune out the noise, have a plan, and stick to it. Ignore the hype, predictions, and speculation. Despite challenges, the U.S. markets have consistently delivered strong long-term performance. Here are the historical average returns of the S&P 500, including dividends, through 2024: Last 5 years: 14.54% Last 10 years: 13.13% Last 15 years: 13.89% Last 20 years: 10.36% Last 30 years: 10.94% Last 40 years: 11.83% These returns assume staying fully invested throughout the period. Don’t think you can time the market or know the best moments to buy or sell. Keep in mind that in 2022, the S&P 500 dropped 18% and some of these periods include the housing crises of 2008, wars, the dot-com bubble, the attacks of 911, and so on. Additionally, here’s an asset return comparison from markets around the world that you may find interesting: www.blackrock.com/corporate/insights/blackrock-investment-institute/interactive-charts/return-map By the way, I'm not sure of what broker you use, but keeping fees low is very important! And, you should have access to invest in the S&P 500 or total U.S. market fund through various discount brokers. No one can predict what the S&P 500 may do over the next decade or two, but one simply must invest to protect yourself from losing money due to inflation and take advantage of compounding and the U.S. markets have some very significant advantages over markets in other countries.

@MikesFinancialEdge Thank you so much for your answere!!! The brokerage fees (almost much higher than in the USA, for ex. 5 Euro for a trade, but you're right some brokers take 25 or until 40Euro for a trade of 15k, incredible in 2025...) here are negligeable. Yes, the predictions of some of "the experts" are often terrible, so I like the videos like your channel with more realistic content. I've got in majority a mix of the equivalent of VGWL (WKN: A1jx52), VOO (622391) and VYM (A1T8FV) (allready said, that living in USA I would probally take VOO, VIG and SCHD) and since 2023/2024 there arrived some other options here like JEPG, JEPI and JEPQ. Considering that the dividends are taxed with 28%, it's impossible to reach the performance of the net return Index, so for me i'm looking at the inflationadjusted price index, because as a nearly early retired person (without social security because of allways independent work) I take the dividends allready for living (with some fear that the Inflation could be higher than the price Index after taxes for many years, but I don't hope it, because historically in the US-Stock market it never happened for more than many years). And the others ETFs like EuroStoxx600 (with a dividend of 3% but very low apreciation) I will hold if someday Europe will recuperate, but given the economical and political problems here, especifically in Germany, I don't see it in short term. Perhaps interesting for you in the question of investing: Wenn you are asking two german people where do you invest money in stocks. One says only in the USA (i loved your comment that in the USA are some specific advantages an I think so too) , the other says maximum 30% given the great outperformance of the last 15 years. Another fact: The young people are discovering the stock market. Until 2020, only aprox 15% of the german people had been holding stocks (via single stocks/mutual funds or ETFs).

Thank you for sharing that information. Which brokerage platform do you use? I know a few of the popular discount brokers available for those in Europe include Interactive Brokers and eToro, just to name a couple. However, there are several options, and each has its pros and cons. You mentioned taxes on dividends. Here in the States, most dividends-unless someone is an active trader-are classified as qualified dividends and taxed the same as capital gains, which fall under a lower tax bracket. In fact, for some, it could be as low as 0% or just 15%.

@@MikesFinancialEdge Interactive Brokers is very good in my opinion and they have very good order fees. Consors Brokers, but also Flatex etc. is solid and good for Germany and for the taxes it is more simple than an international Broker. This has some advantages. The taxes are very high in Germany and they think about to make it even worth (however the liberals - FDP - wanted to implement something like the 401 plan, but there was no majority). There are many people, normally in the left parties or far left who wants to have taxes, so that Investing really doesn't make any sense. So, in Germany I think, the main problem is not only the market, it is and can be also the tax/the politics. Until 2009, we had no taxes when you've hold the stocks/funds for more than one year and from the dividends you had to pay only for the half and this was taxed depending to your personal tax rate.Then, they changed it to 25% + aprox. 1,5% solidarity tax + 1,5% for the church (only when you are in the church like me) for all. In discussions many people doesn't want to see that as a owner=stockholder of a company you pay indirectly allready all the taxes from the company. Just my 2 cents ;-).

@Schach-Bildung Thanks for the additional information. I was aware of the high taxes in Germany, but the changes you pointed out are interesting. Germany’s economy, along with those of other European countries, certainly has its share of economic issues to navigate moving forward. Here in the States, we also need to address the growing national debt problem, but many European countries are grappling with similar challenges as well.

Wouldn't that have been wonderful! Actually, at the average rate of return for the S&P 500, that 10K would have grown into over 7.8 million dollars over 70 years.

There are many examples that are given in College Algebra using the exponential growth model of compound interest that reduces to the 70/r model, of money invested when a new child is born and how many years it would take for the invested amount to grow to x $ when the child is ready to go to college in about 18 years. Many parents are aware of these things - including educational endowment, but parents also have to cope with the typical challenges of life, debt, bills, inflation, health emergencies, divorce, etc., so not everybody remembers to be providential at an earlier period.

@sylvesterogbolu-otutu1498 It's interesting you mentioned the examples in College Algebra because I teach Mathematics at a college and always take a day or two to introduce investing and show my students the exponential models and how effective they can be if they start at a young age. However, you are certainly correct about many parents just starting out. It's a time in their lives when they may be struggling with all the financial demands of life, trying to get out of debt and start their own retirement savings. It's also a time when having a sound budget and spending with purpose is critical. Anyway, thanks for checking out the short and for your comment!

@@MikesFinancialEdge 7.8 million would be great, but there would surely be some down years. 1.5 million is still better than SS. Which we can let our parents off the hook and demand that the government do this method instead and this would also allow current workers bigger paychecks

Of course, there are certainly down years. For example, in 2022, the S&P 500 dropped 18%. However, the calculation is based on a compounded annual return of 10%. Here are the historical average returns of the S&P 500, including dividends, through 2024: Last 5 years: 14.54% Last 10 years: 13.13% Last 15 years: 13.89% Last 20 years: 10.36% Last 30 years: 10.94% Last 40 years: 11.83% These returns assume staying fully invested throughout the entire period. As for Social Security (S.S.), I agree-it’s more of a social program. In fact, for some people, it even has a negative rate of return. At best, its returns are usually in the range of 1-2%.

Thank you for the comment. I’m sorry to hear that it seems your advisor has been taking advantage of you with high fees. In 2023, the S&P 500 was up 26%, and it was up another 25% in 2024. Most other funds have performed well too because we’ve been in a strong bull market. You might not even realize all the hidden fees you’ve been paying. Handling your own investments doesn’t need to be difficult-simple is almost always better. I’d like to recommend a few videos for you to check out to help you on your new journey. I think they’ll be well worth your time and help you feel more comfortable. Once you’re ready, you can set up an account at Fidelity, Schwab, or Vanguard and invest using low-cost ETFs. All of those places can help you move your account. This way, you can eliminate those unnecessary fees and improve your returns. Here's some other videos for you: Invest better than professionals: ruclips.net/video/FqKCDqcOqWg/видео.html Understanding risk tolerance: ruclips.net/video/EMHi0yhc3ZA/видео.html Investing Lessons to know: ruclips.net/video/WxEYYZSo4wI/видео.html Start there and let me know your thoughts or questions.

Thank you for checking out the video! Your question about whether to do a lump-sum investment or slowly dollar-cost-average (DCA) into the market is one of the most common questions investors struggle with, and it’s one I get all the time. The studies and research on this are pretty clear, but it can still seem like a difficult choice to make. Of course, we’ve just had two remarkable years in the market, with the S&P 500 up 26% in 2023 and around 25% in 2024. Thus, some people feel we need a correction in the market. Then there’s the added question of percentages in each fund, which depends so much on your individual risk tolerance. I have two videos that I think would be very beneficial for you to view first: one on lump-sum vs. DCA and another on risk tolerance. Naturally, it’s also important to know your time horizon, be a long-term investor, and ride out any market volatility. Anyway, these videos may help you make a decision based on good information. Let me know your thoughts! Lump-sum vs DCA: ruclips.net/video/V0m8r2Ft7kY/видео.html Understanding Risk tolerance(asset allocation by age): ruclips.net/video/EMHi0yhc3ZA/видео.html Maybe one more - Investing lessons: ruclips.net/video/WxEYYZSo4wI/видео.html

@@MikesFinancialEdge Mike, i didnt know the terminology > lumpsum and DCA. thanks for the education. I watched the other video suggestions - good info here.The 2hrs i've spent on reviewing your guidance has been the best time spent on this subject, in a long time. Subscribed and looking fwd to more content. Thank you, All the best!

I appreciate the comment, and I'm glad to hear you feel the videos were worth your time. There's quite a bit of content on the channel, and of course, more is coming. Thank you for subscribing and being a part of the channel!

Thank you for the comment!

Yes, people living paycheck to paycheck may not have a lump sum to invest all at once, but they can absolutely get started and benefit from the power of compounding investments. For anyone interested, here are a few links to longer-form videos that dive deeper into this topic and they will provide helpful tips to help shape a brighter financial future: How The Middle-Class Gets Rich: ruclips.net/video/jLePdbCMr0k/видео.html Paycheck routine & optimal order for investing: ruclips.net/video/tW5o5K7BDUs/видео.html Why people stay broke: ruclips.net/video/_9LiWAWphPI/видео.html How to Get Ahead in Life: ruclips.net/video/XK0BWDruFwg/видео.html Budgeting Made Easy: ruclips.net/video/iQK-3hLRXJA/видео.html

If you live paycheck to paycheck you need to make sure you know how to budget. Also, find a way to increase earnings and decrease expenditures. You can do it.

Correct-what I discussed was based on a one-time investment with no further contributions or possible employer match. Thank you for checking out the video and sharing what you’ve been doing. That’s fantastic, and it’s wonderful that you’re helping others along the way! If you enjoyed this short video, you might also appreciate a couple of the longer videos on the channel. They provide more detailed examples and additional information that could be helpful. In case you’re interested, here are a couple of links: Rule of 72: ruclips.net/video/-H_Tws44WAg/видео.html Why Net Worth Explodes after 100K: ruclips.net/video/R_EP_LOKT20/видео.html How The Middle-Class Gets Rich: ruclips.net/video/jLePdbCMr0k/видео.html New 3 Fund Portfolio - Smarter, Simpler, Better! ruclips.net/video/TdhzZaqTWPQ/видео.html

I'm happy to hear you liked the video and thank you for the comment. You're absolutely right-looking back several decades, small-cap value funds have generally performed well and often outperformed typical small-cap funds. However, over the past couple of decades, both small-cap and small-cap value funds have underperformed the overall market or the S&P 500. This trend aligns with the strong bull market we've been experiencing, where large-cap growth stocks have dominated. But, that is certainly not always the case. Regarding AVUV, it's still a relatively new fund, with an inception date of September 2019. Because of this, we can't evaluate a track record beyond five years. That said, it has performed quite well in its short history. While its expense ratio of 0.25% is higher than some alternatives, it remains competitive and reasonable for investors seeking exposure to small-cap value stocks. It's certainly another possible good choice - thanks for sharing.

Thank you for your thoughtful insights. Makes sense that small caps might continue to have an uphill battle. Certain pundits (Tom Lee esp.) have been practically guaranteeing massive small cap upside due to their lengthy relative underperformance and the rate cutting cycle. I think I’ll play the value small cap theme but won’t go super heavy in that area. My big 3 are VTI, SCHD and SCHG.

Thanks again for being part of the channel! I do agree with those that feel small caps could perform quite well over the next several years. That said, keep in mind that no one can predict the future! Some of the worst advice comes from analysts and their predictions. One study looked at the track record of stock market experts and their predictions. The data set included over 6,600 forecasts made by 68 different so-called experts over an 8-year period, and their accuracy rate was only 47%. You would have been better off flipping a coin. Jim Cramer had an accuracy rating of 47%, and a former chief U.S. investment strategist at Goldman Sachs was right 35% of the time. Forecasts are simply not helpful. Tune out the noise, have a plan, and stick to it. Ignore all the hype, predictions, and speculation.

Of course, we will never be presented with this type of choice, and I’m sure everyone understands it would be silly to assume investments double every day. If viewers have watched any of my longer videos about investing, they certainly understand how investments work. This short video was simply a fun comparison between two imaginary choices to highlight the power of compounding. In reality, there are no guarantees that the S&P 500 will even grow over the course of a year. For example, in 2022, the S&P 500 dropped by 18%. However, with a compounded annual growth rate of approximately 10%, an investment in the S&P 500 historically doubles in a little over 7 years. Here are the historical average annual returns of the S&P 500, including dividends, through 2023: Last 5 years: 15.75% Last 10 years: 12.07% Last 20 years: 9.69% Last 30 years: 10.16% Last 40 years: 11.37% Additionally, the S&P 500 has seen a significant increase of around 23% so far in 2024. Over long periods of time, investments do compound.

@MikesFinancialEdge Thank you very much for expatiating. The compounding model assumes 8.75 ~ 9 years. A little over 7 years might be within this ballpark. An annual growth rate of ~10 % year-on-year is good and may be achieved consistently if markets are bullish. For ~10% year on year that would double in a little over 7 years, it means that the S&P 500 is outperforming the model. Thank you again, I will subscribe and follow. Cheers.

Actually, when looking at the returns of the S&P 500 through 2023: Last 5 years: 15.75% Last 10 years: 12.07% Last 20 years: 9.69% Last 30 years: 10.16% Last 40 years: 11.37% (And it’s up 23% in 2024 so far.) These longer periods include many bad years. For example, going back 30 and 40 years includes the housing crisis of 2008 and the early 2000s, when we had three consecutive bad years. Naturally, no one can predict the future or know for sure what the returns will be over the next 10 or 20 years. However, looking back even longer over 50-80 years, the market has historically returned around 10%. At a 10% compounded annual growth rate, an investment would double in just under 7.3 years. Of course, this assumes a consistent 10% return each year, which is a simplification for illustration purposes. Anyway, I really appreciate your comment and thank you for subscribing! There are many longer-form videos on the channel where I dive deeper into these topics, and I hope you find them interesting. Happy New Year!

@@MikesFinancialEdge Cheers! Happy New Year. Thank you again.

Thank you for the comment! I'm glad you liked it.

Enjoyed this - I'm going to go watch the long version. Thanks

Thank you for the comment! I always enjoy these kinds of comparisons-it’s a great way to analyze different approaches. As I mentioned in the video, I’ve never been a fan of holding bond funds or international funds, personally. When it comes to the perfect asset allocation, the reality is that no one can predict the future. There’s no “optimal” investment strategy or portfolio. What’s most important is controlling the factors within your power: your savings rate, your emotions, and the risks you choose to take. You can’t control market ups and downs or global events, but you can control how you respond to them. The best plan is the one you can stick with through all the volatility. Most investing mistakes come from emotional or behavioral reactions during turbulent times. I appreciate you sharing your backtesting-it adds a lot to the discussion. Thanks again for engaging! As for the comparison to the S&P 500, most younger investors would be just fine only holding the S&P 500. That is, if they can remain fully invested over a longer period of time because there will be volatility.

@ You’re welcome. I think Buffett says the S&P 500 and a few years’ expenses in cash is what he recommends for most investors. But, like most plans, that’s easier if you start with a big pile. (And that’s not really a very interesting video.)

Yes, Buffett does recommend investors avoid paying fees to a financial advisor and instead use a low-cost index fund for the S&P 500. In fact, in his will, he states that the money he is leaving his wife should be invested 90% in an S&P 500 index fund and 10% in government bonds/securities. People tend to overcomplicate their investments, but simplicity is often the best approach.

I'm happy to hear you liked the video and thank you for subscribing! I hope you enjoy some of the other content on the channel. Happy New Year!

It's always good to do your own research and understand what you are investing into. Thanks for checking out the video. Here's and easy way to check fund overlaps: www.etfrc.com/funds/overlap.php

Thank you for the comment! I'm happy to hear you like the content on the channel.

Sorry to hear that. I know you are certainly not alone.

I wish I could give you the best specific advice, but there are so many factors to consider before doing so. For example, everyone has a different risk tolerance when it comes to handling volatility, and it also depends on other factors like when you plan to retire, whether you can work as long as you'd like, and your current and future living expenses. There is no single "optimal" investment strategy or portfolio because no one can predict the future. What you can do is focus on controlling the things within your power. You can't control market ups and downs or global events, but you can control your savings rate, your emotions, and the level of risk you take. The best plan is often one you can stick with through any volatility. It’s also crucial to avoid common investment mistakes and understand your personal risk tolerance. I have a couple of videos covering both topics that you might find helpful. Again, I apologize, but it wouldn't be wise to offer specific advice without knowing more details and having a more in-depth discussion.

@MikesFinancialEdge thanks for the reply. I will check out those videos. I am already retired btw. Not ideal but didn't have much choice due to chronic pain. Thanks

Sorry to hear you dealt with some chronic pain. If you have questions after checking out those other videos, please let me know.

I appreciate that! Hope you enjoy some of the content on the channel.

Thank you! Thanks for following the channel!

Wouldn’t that be a nice decision to have to make?

The exact percentages covered in the video can vary significantly depending on a person’s age, risk tolerance, years until retirement, and other factors. I really appreciate you checking out the video and leaving a comment! That said, it’s generally not recommended to provide specific asset allocations without understanding a someone’s unique situation. However, there are some general guidelines, and I’d encourage you to start with this video, which discusses asset allocations and risk tolerance levels. ruclips.net/video/EMHi0yhc3ZA/видео.html

@@MikesFinancialEdge Thanks! That video appears to still recommend international and bond allocations. Do you have anything updated based on your "new" & improved 3 (or 4) fund portfolio, and how it might look as compared to the typical Bogleheads 3-fund portfolio?

@@MikesFinancialEdge Understood, but was hoping to see a recommended "new" portfolio as a comparison to the old Bogleheads 3-fund portfolio. I thought you were onto something here when I first watched your video. But then "the algorithm" started feeding me tons of videos about this "new 3-fund portolio" that are a year or more old. I can't believe I never heard or read about this before, but it does make a ton of sense!

Well, in the video, I did mention swapping out the bonds and international funds, providing specific reasons and data for everyone to consider. Naturally, everyone’s risk tolerance and unique situations are different.

Yes, it's a pretty common example that often starts with making a penny on the first day. I modified it a bit. I agree, though-it’s always a surprising example. Thanks for checking out the video!

I'm glad you liked it! I hope you found some helpful nuggets. Thank you for your comment-I really appreciate it.

Yes, I have a longer video on this topic that explains everything in detail. I believe it could be very helpful and potentially quite beneficial for you. Here it is: ruclips.net/video/0-5l__S2lMk/видео.html

I really appreciate the comment! Looks like you have a nice garden.😉

Great to hear! I think we all need reminders from time to time - myself included.

Glad to hear you liked the video! I appreciate your comment and suggestion. When it comes to percentages by age, it often varies based on individual risk tolerance, net worth, retirement goals, and other factors. That said, it’s a great idea for a future video, and I’ll add it to my list of topics to cover. In the meantime, if you're interested, I have a video on risk tolerance and asset allocation that you might find helpful. Here's the link: ruclips.net/video/EMHi0yhc3ZA/видео.html