Financial video library

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...

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...

Our Rental Property - Should We Sell? https://www.youtube.com/watch?v=6DueCKqDa_Y 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...

Controlling Expenses in Retirement https://www.youtube.com/watch?v=Z6eEEQO4lnI 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...

Should I Work One More Year, or Retire https://www.youtube.com/watch?v=AYr2OoQ3yI8 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...

Fed Rate Cut & Election Wrap-Up - Key Takeaways: https://www.youtube.com/watch?v=SigZxC449IM Here are some key takeaways: 1. Markets prefer certainty: The stock market tends to react positively after major events like elections, regardless of the outcome, as it...

Cost of Living Adjustment Social Security for 2025 https://www.youtube.com/watch?v=y-bIEXpjVOs Some key takeaways: 1.  COLA Cost Of Living Adjustment Social Security for 2025: The COLA (Cost of Living Adjustment Social Security) in 2025 will be 2.5%. 2.  Cumulative...