These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?
I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.
This is why the US should elect more progressive politicians, who know how to manage budgets and give us (yes, per country's initials literally spell out that pronoun) much better tax credits in return for better public education and better public healthcare. but since these are nonexistent, my husband and I are being guided to finance our retirement and healthcare through a diversified investment portfolio
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Finding financial advisors like Sharon Ann Meny who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account. I'm now seeking best possible areas or ways to gain wealth in today's economy.
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.
Both have their perks but you can also save for retirement outside of a retirement plan, such as in an individual investment account or employing the services of a retirement planner/investment advisor.
Private investing is the best way to go about the market right now, especially for near retirees, I've been in touch with a wealth manager, netted 370K the last downturn, made it clear there's more to the markets than we average joes know.
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Melissa Terri Swayne" I've worked with her since the pandemic and highly recommend her. You can check if she meets your criteria.
The biggest lesson I learned in 2023 about the stock market is that nobody knows what will happen next, so practice some humility and low a strategy with a long-term edge.
Nobody knows anything; You need to create your process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
@@RodericksCurrys Yeah, I’m also closing in on retirement, and I have benefitted 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 have been investing for many years.
@@CardenasasZoellers There are many independent advisors to choose from. But I work with MARGARET MOLLI ALVEY and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube 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.
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.
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.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I'm glad you mentioned it - I was just thinking about reducing my 401k contribution and adding more to my brokerage account. I"m 55 and close to 90% of my retirement $ is in my 401k.
Ari, can you do a short video on the pros/cons of Brokerage versus Roth IRA accounts? Other than the income and contribution limits of a ROTH IRA it seems to win all of the time compared to a Brokerage account if you have a longer period of time.
I have a $90,000 portfolio that I've been working on for 5 years, but lately the volatility in the market scares me... Is the bull market over? I'm thinking about moving my investments to safer options like a hysa or T-bills. What do you think?
It depends on your goals-whether you're looking to grow your money, earn income, keep your savings safe, or how much risk you can handle and how close you are to retirement.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 87% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I would like to ask, how did you achieve it? I've been trying to stick with index funds. I feel these new interest rate hikes could crash the economy. I'm looking for a better investing strategy, as I have a lump sum that inflation is steadily eating up.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Irene Powell’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
I love this! I'm glad I found my dream retirement job several years ago because now that I want to take more time off to travel, my employer is ok with it. My very low hour job makes a big difference in our lives.
Can you rustle up a scenario with deferred comp hitting? Seems like the deferred comp will fill up the early retirement low tax buckets that you often show filling with Roth conversions.
My target retirement fund in my 401(k) had poor returns compared to the S&P 500. I switched everything to the S&P 500, but I regret not doing it earlier. What are the best options for investing $200k for reliable cash flow?
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
Such uncertainties are the reasons I don’t base my judgement on a ''heresay'' , 2020 had me holding trash stocks, but thankfully revamp my portfolio through the aid of a pro before seeing significant gains. To date, I've scaled up nearly 320% ROI. it's been 4 years and counting. I and my advisor are working on a 7 figure ballpark goal and we're not far.
My CFA Carol Vivian Constable, 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.
Hi Ari. Toward the end, looking at the withdrawal rates ... you are using an "inflation adjusted" retirement spending strategy ... why not a retirement smile strategy instead, with a 3 or 5% nominal decrease? May change things for them a bit.
Had someone at my job recently die during goal post planning. This seems to happen once or twice a year at my company....it's a large organization. Someone in their 50s or 60s who could retire, making hundreds of thousands a year in a high level position simply bites the dust. Just do it. Retire. Get out. Enjoy life. I refuse to die at work.
@@punkbassandcoversit’s the income trap for sure. Hard to walk away from $150k or more in salary if you can just ‘make it one more year’ My wife and I will struggle with this for sure.
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.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Hi Ari. As always, appreciate the various case studies. I have a serious question given the recent election results. Will your ACA planning advice change knowing there now a focus on a concept of a health care plan? Looking forward to your input.
Ari, Great information as always! Thank you! Is the retirement academy software a one time $299 fee for unlimited, many years access or is there an annual fee as well. RC
You said not to max 401K. I max mine with a large yearly bonus to avoid paying the highest tax rate on the bonus. Plan not to retire until 60, so I don't know paying that bonus tax makes sense?
Why not max out the Roth 401k instead? Pay the tax now, save more money in a tax advantage account and have the flexibility to withdraw contributions penalty free before 59.5. Paying taxes really shouldn’t impact your investment strategy until you’ve truly reached the 5-1% top U.S. earners status … imo.
I m already maxing out a Roth also. My concern is not wanting to pay the highest tax rate on my bonus, so I put it into my work 401K which maxes it out. Was curious if I was overlooking something.
Ari, you mentioned superhero but didn’t discuss Roth accounts. It seems like even at 60 it makes sense to put the extra $ into an account to help avoid future tax rates?
Really, Is that how all of the people who were forced to retire in 2020 felt? The worst economic factor in retirement is inflation, and it is going sky high baby!
It all depends on where you live and how much you like to spend. If the median household income is 60k in 2024, a lot of Americans must be able to survive on under 6k a month. If can be quite a shock to find some people with a lot lower income can have a higher net worth. I know that helped me get my own spending under control/
Too long in the introduction, lost interest about the time you said you were the vp? What! your a kid. Saying your the vp just means your dad's name is on the lease of the office where you keep your gamestation next to the laundromat. An adult with valuable legitmate info doesn't need to spend minutes spouting out your bona fides.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?
I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.
This is why the US should elect more progressive politicians, who know how to manage budgets and give us (yes, per country's initials literally spell out that pronoun) much better tax credits in return for better public education and better public healthcare. but since these are nonexistent, my husband and I are being guided to finance our retirement and healthcare through a diversified investment portfolio
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Finding financial advisors like Sharon Ann Meny who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks a lot for this recommendation. I just looked her up on google, and I have sent her an email. I hope she gets back to me soon.
Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account. I'm now seeking best possible areas or ways to gain wealth in today's economy.
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.
Both have their perks but you can also save for retirement outside of a retirement plan, such as in an individual investment account or employing the services of a retirement planner/investment advisor.
Private investing is the best way to go about the market right now, especially for near retirees, I've been in touch with a wealth manager, netted 370K the last downturn, made it clear there's more to the markets than we average joes know.
Who is this Adviser or investor you use? I lost over 35000 already this year, I’m in need of a planner going forward.
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Melissa Terri Swayne" I've worked with her since the pandemic and highly recommend her. You can check if she meets your criteria.
The biggest lesson I learned in 2023 about the stock market is that nobody knows what will happen next, so practice some humility and low a strategy with a long-term edge.
Nobody knows anything; You need to create your process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
@@RodericksCurrys Yeah, I’m also closing in on retirement, and I have benefitted 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 have been investing for many years.
@@AnthonysBrowns Could you kindly elaborate on the advisor's background and qualifications?
@@CardenasasZoellers There are many independent advisors to choose from. But I work with MARGARET MOLLI ALVEY and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
@@AnthonysBrowns I just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube 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.
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.
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.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I'm glad you mentioned it - I was just thinking about reducing my 401k contribution and adding more to my brokerage account. I"m 55 and close to 90% of my retirement $ is in my 401k.
Ari, can you do a short video on the pros/cons of Brokerage versus Roth IRA accounts? Other than the income and contribution limits of a ROTH IRA it seems to win all of the time compared to a Brokerage account if you have a longer period of time.
I have a $90,000 portfolio that I've been working on for 5 years, but lately the volatility in the market scares me... Is the bull market over? I'm thinking about moving my investments to safer options like a hysa or T-bills. What do you think?
It depends on your goals-whether you're looking to grow your money, earn income, keep your savings safe, or how much risk you can handle and how close you are to retirement.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 87% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I would like to ask, how did you achieve it? I've been trying to stick with index funds. I feel these new interest rate hikes could crash the economy. I'm looking for a better investing strategy, as I have a lump sum that inflation is steadily eating up.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Irene Powell’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
I love this! I'm glad I found my dream retirement job several years ago because now that I want to take more time off to travel, my employer is ok with it. My very low hour job makes a big difference in our lives.
Amazing!!
Can you rustle up a scenario with deferred comp hitting? Seems like the deferred comp will fill up the early retirement low tax buckets that you often show filling with Roth conversions.
My target retirement fund in my 401(k) had poor returns compared to the S&P 500. I switched everything to the S&P 500, but I regret not doing it earlier. What are the best options for investing $200k for reliable cash flow?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of 5%.
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
Such uncertainties are the reasons I don’t base my judgement on a ''heresay'' , 2020 had me holding trash stocks, but thankfully revamp my portfolio through the aid of a pro before seeing significant gains. To date, I've scaled up nearly 320% ROI. it's been 4 years and counting. I and my advisor are working on a 7 figure ballpark goal and we're not far.
Your advisor must be really good. How I can get in touch? My portfolio's decline is a concern, and I could use some guidance.
My CFA Carol Vivian Constable, 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.
Hi Ari. Toward the end, looking at the withdrawal rates ... you are using an "inflation adjusted" retirement spending strategy ... why not a retirement smile strategy instead, with a 3 or 5% nominal decrease? May change things for them a bit.
Must pick and choose my moments. I try not to make it 45 minutes.
Great video. Thank you.
Had someone at my job recently die during goal post planning. This seems to happen once or twice a year at my company....it's a large organization. Someone in their 50s or 60s who could retire, making hundreds of thousands a year in a high level position simply bites the dust. Just do it. Retire. Get out. Enjoy life. I refuse to die at work.
Very sad.
@@earlyretirementariit is. The just one more year or just one more project mentality makes no sense to me.
@@punkbassandcoversit’s the income trap for sure. Hard to walk away from $150k or more in salary if you can just ‘make it one more year’ My wife and I will struggle with this for sure.
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.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@sloanmarriott5 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
My CFA Izella Annette Anderson a renowned figure in her line of work. I recommend researching her credentials further.
Thank you for this amazing tip. I just looked the name up and wrote her.
Hi Ari. As always, appreciate the various case studies. I have a serious question given the recent election results. Will your ACA planning advice change knowing there now a focus on a concept of a health care plan? Looking forward to your input.
Yes and will mention in future video
Taxes and possible healthcare expenditures during my lifetime would be my first two categories besides monthly expenditures, before vacations.
I contrubute 14%. Have for years at what point should I back off the 401k to focus more on the IRA?
Now I need to re-do my financial plan to include massages.
Ari, Great information as always! Thank you! Is the retirement academy software a one time $299 fee for unlimited, many years access or is there an annual fee as well. RC
One time fee
You said not to max 401K. I max mine with a large yearly bonus to avoid paying the highest tax rate on the bonus. Plan not to retire until 60, so I don't know paying that bonus tax makes sense?
Model it for you and see: ari-taublieb.mykajabi.com/early-retirement-academy
Why not max out the Roth 401k instead?
Pay the tax now, save more money in a tax advantage account and have the flexibility to withdraw contributions penalty free before 59.5.
Paying taxes really shouldn’t impact your investment strategy until you’ve truly reached the 5-1% top U.S. earners status … imo.
I m already maxing out a Roth also. My concern is not wanting to pay the highest tax rate on my bonus, so I put it into my work 401K which maxes it out. Was curious if I was overlooking something.
Thanks for info
Of course
Ari, you mentioned superhero but didn’t discuss Roth accounts. It seems like even at 60 it makes sense to put the extra $ into an account to help avoid future tax rates?
Have to pick and choose - can’t mention in every video!
I am on track be have $2.5 MILLY at my goal of retirement age of 60. If I hit $2.5 before that I will retire early. Lol 😂😂😂
Thanks for the idea of adding in massage therapy as a line item in our monthly budget ;-)
It’s a MUST
Love having a Trump presidency for my last few years before retirement! ❤
Really, Is that how all of the people who were forced to retire in 2020 felt?
The worst economic factor in retirement is inflation, and it is going sky high baby!
$6k a month is like nothing, especially since they still have a mortgage.
It all depends on where you live and how much you like to spend.
If the median household income is 60k in 2024, a lot of Americans must be able to survive on under 6k a month.
If can be quite a shock to find some people with a lot lower income can have a higher net worth. I know that helped me get my own spending under control/
Pension, maybe. No pension, no.
North of 2 mill? This is the where you draw the line to your clientele? People should be mad at this senoro since it's very limited.
Lol tell Dave Ramsey you can't withdraw 8 percent. But in all reality please do not withdraw 8 percent per year
Too long in the introduction, lost interest about the time you said you were the vp? What! your a kid. Saying your the vp just means your dad's name is on the lease of the office where you keep your gamestation next to the laundromat. An adult with valuable legitmate info doesn't need to spend minutes spouting out your bona fides.
You must be new.
Not only new! Rude af
Way off base. This guy is young, but wise and very sharp.
@@michellegreen1072 Thanks Michelle :)
Please troll your negative self elsewhere. This is a fun channel and Ari has helped my (not young) husband and myself tremendously.