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...
Monte Carlo Simulation https://www.youtube.com/watch?v=uynPO0PU_7Y Here are some key takeaways: 1. Monte Carlo simulation explained: It's a retirement planning tool that runs thousands of scenarios using inputs like withdrawal needs, investment returns, and inflation...
Longevity in Retirement: What To Expect https://www.youtube.com/watch?v=4zVseLxY0LA 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...
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 https://www.youtube.com/watch?v=w74wkhs9UDw 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...
Price Targets for 2025 https://www.youtube.com/watch?v=Z3nnLusk-PM 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...
Crystal Ball Challenge https://www.youtube.com/watch?v=I9kLMG8WQh0 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...
Sequence of Returns Impact https://www.youtube.com/watch?v=X9ov0Sgcu7o 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...
Super Catch Up Contributions https://www.youtube.com/watch?v=jjGeSxOoemo 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...
