Should I Convert Everything To a Roth IRA Now? Highlights: 1. The idea of a "100% Roth retirement portfolio" as a "holy grail" lacks nuance; all-or-nothing approaches are rarely optimal for retirement planning. 2. Both pre-tax and Roth accounts have different...
Buffett To Retire as CEO On May 3, 2025, Warren Buffett announced (at the end of the Berkshire Hathaway annual meeting) he would be stepping down as CEO of the organization. Tom, Tim and Brendan spent some time this week discussing some topics of note about Buffett...
April Market Mayhem: Stay or Go? https://www.youtube.com/watch?v=KtuyEBugBQo Takeaways: - If day-to-day market swings are rattling you, making you rethink retirement, or considering going back to work, you simply have too much money in the stock market. - Proper...
State Income Taxes - should we move? Thinking about moving to lower your state income taxes, or eliminate them? Do the math before you start packing. https://www.youtube.com/watch?v=mD_bzoQNqY4 Take-aways: 1. State income taxes should NOT be the primary...
4 Tax Terms For Retirees https://www.youtube.com/watch?v=70RJ8MvqqJ4 Key Takeaways from Tax Terms for Retirees 1. There are four important tax terms for retirees to understand: gross income, modified adjusted gross income (MAGI), taxable income, and total tax due. 2....
Key Takeaways from 2 Myths About Social Security: - No concrete changes have been made to Social Security yet. It's not prudent to alter claiming strategies based on speculation about potential future cuts. - The decision to claim Social Security is a "one-way door."...
Are Safer Investments Worth The Risk Right Now? https://www.youtube.com/watch?v=BgrIzXFeFjo Key Take-aways: 1. Real yield (inflation-adjusted yield) is your yield minus the inflation rate, which historically averages between 1% and 2% for risk-free assets 2. The...
Stress-Test Your Plan https://www.youtube.com/watch?v=5MUzpaLMhUA Key Take-aways: - Stress-test your plan is a good way to see if you can ride through rough markets - "Capital Market" outlooks from firms like Vanguard are NOT market timing tools. But they're often...
The New Rainy Day Fund: Your 401k https://www.youtube.com/watch?v=GW7KaA04URQ Key Take-aways: 4.8% of 401k account holders took hardship withdrawals in 2024, up from 3.6% in 2023 and pre-pandemic average of about 2% Auto-enrollment in 401k plans has increased, which...
Investor Behavior Impacts Returns Here are some key takeaways from "Investor Behavior Impacts Returns" - Investor behavior (panicking, selling quickly, over-trading, etc.) tend to lead to poor returns, especially from from volatile funds - Frequent trading and...
