Longevity in Retirement: What To Expect Here are some Key Takeaways: For a married couple aged 65 today, there's a 92% chance of at least one spouse living until age 85 if both are non-smokers. This emphasizes the need to plan for a potentially long retirement....
401k Loans Are Bad? https://www.youtube.com/watch?v=Sv0nIVcWDlk Here are some key takeaways: - Taking 401k loans can significantly impact retirement savings due to missed opportunity costs, potentially reducing the final balance by hundreds of thousands of dollars. -...
It's OK to Spend Money in Retirement Here are some key takeaways: - Even wealthy retirees fear outliving their money, struggling to transition to spend money in retirement - It's important to do personalized financial analysis to determine how much "slack" is in your...
Price Targets for 2025 Here are some key takeaways: - The S&P 500 finished 2024 at 5881, up 25%, significantly outperforming analysts' price targets - These price targets are often viewed as not very useful, as they tend to cluster around historical averages -...
Crystal Ball Challenge Here are some key takeaways: - Even with advance knowledge of news headlines, predicting market movements is extremely difficult. In a study where participants were given Wall Street Journal headlines a day in advance, about half lost money and...
Sequence of Returns Impact Regarding the sequence of returns, here are some key takeaways: 1. **Sequence of returns matters in retirement planning,** but it's unpredictable and out of our control. The impact of market performance in the early years of retirement can...
Super Catch Up Contributions Here are some key takeaways: 1. Super catch up contributions: Starting in 2025, individuals turning 60 can save an additional $11,250 per year over the normal limit in their workplace retirement accounts for ages 60-63. 2. Increased...
Our Rental Property - Should We Sell? Case Study Key Takeaways: - The folks in this case own two homes: their primary residence - The rental property has $125,000 equity and $310,000 value - They make $90,000 gross income per year and live month-to-month with $5,000...
Controlling Expenses in Retirement Here are some key takeaways: - Expenses are possibly the biggest driver of what your retirement plan will look like. - Big-ticket items like housing costs, outstanding debts, and healthcare expenses are what really move the needle in...
Should I Work One More Year, or Retire Here are some key takeaways: Work one more year - or two - before retirement can have significant financial benefits, including increased 401(k) contributions, market growth, and delayed portfolio drawdown. In the example...
