49 Comments

  3. Who is that guy on the thumbnail, Prof?

    Btw… I did go and sign up for your software and like it quite a bit! As long as the new update works and I'm able to connect all my brokerages, I plan to continue my subscription. It's a really nice piece of software that gives some great insights!

  6. This and other videos have been very helpful, thank you for that, im now a subscriber.
    Im just a single dad in my late 40’s planning to retire at 60.
    Im making moves and planning a strategy but will need specific advice.

  9. I think I’ll be okay when I retire because right now I have over $100k in my TSP account, over $20k in a brokerage account, over $8k in a Traditional brokerage account, over $7k in a Roth IRA brokerage account and $1200 in a Fidelity GO account. I am 36 years old and I’m doing the required contributions to get the TSP 5% match and I’m transferring $225 monthly to the brokerage account while I focus on building my retirement home overseas on an island 🏝️. Once I am done with that I’m going to dump $2000 months into the brokerage account as a way to catch up on my contributions. Wish me luck 😴

  13. People taking slightly lower than full time work to just get benefits when they should be retired end up super stressed. We have a massive problem in this country. You have enough passive income from investments then no subsidy and healthcare is way too high.

  14. People taking slightly lower than full time work to just get benefits when they should be retired end up super stressed. We have a massive problem in this country. You have enough passive income from investments then no subsidy and healthcare is way too high.

  16. Given the fact that MOST men are dead before 80… and that many retirees die with more money than when they entered retirement.. My plan is to retire at 52, and MAXIMIZE spending from ages 52 to 70. After age 70, I think most don't have the energy/health to meaningfully SPEND the retirement fund they spent building.

    So.. if you have 1M 401k at age 52… any thoughts on this early retirement plan:

    Convert the 401k to IRA and buy a 1M Single, Life-Only, No-Certain-Period SPIA from within that IRA. The income will be counted as ordinary income, but not penalized for the early withdrawal.

    The SPIA generates 70k/yr pre-tax, which after taxes, might only net 55k/yr. So this plan works best if your Cost-Of-Living* is LOW AND have SOME additional savings to invest against inflation.
    (*Cost of Living = Basic Expenses 35k/year + 20k/year ACA)

    At 62, you turn on Social Security. Because of the low PIA and early retirement it's only 20k/year. Conventional advice is to make sure you have plenty of money when you die, and to take SS as late as possible.. however, this plan is meant to maximize the last decade or so of being healthy.

    From 62 and on, you gross 90k which it many low-income states (ex. West Virginia) might be plenty.. otherwise, you can live a king in Mexico or the Philippines!

  19. That 7-year healthcare gap between 58 and 65 is what terrifies most people out of early retirement, so framing the taxable account and cash runway as a bridge to manage ACA subsidies is gold. Most folks fixate on hitting their total "nest egg number" and completely ignore tax-bracket engineering during that golden window. The Rule of 55 alone needs to be talked about way more than it is.y

  22. The single biggest problem with moving to a fixed income is inflation. 3.6% is the average since the US went off the gold standard. That means if I need $3,400 a month at 62, It'll need to be $7100 at age 82.

  23. I am most interested in the gap between 56 – 59.5. If you have a 401k cant you quit your job at 56 and use the rule of 55 to avoid the 10% tax ding on you withdraws from your 401k vs having a brokerage account?

  24. Take responsibility for your actions and if you need to downgrade your lifestyle to be able to retire comfortably do so. Your "friends" or family members that continue to blow money away like is going out of style let them. You worry about your circle meaning you and stop worrying about what others think. If you need to change things in your life do so stop blaming everything and everyone around you for your failures those are yours and you won't progress forward until you understand that you are thr master of your own destiny not the government, not your neighbors not your family.

  25. Excellent, thank you for sharing! I began investing this year, and I regret not getting started 5-10 years ago. My $10,000 has now grown to $56,000, and this makes me imagine where I would’ve been if I started some years back.. Watching your money grow is such a great feeling lol. I’m now planning custodial accounts for my kids, 3 and 6, so they can get an early start and learn from my mistakes. Watching investment videos on YouTube has become a hobby of mine.

  28. This video was exactly what I needed, the YT algorithm actually worked for once.
    My brain just shuts down thinking about investing, yet I am desperate to do it.
    This video was very helpful.

  30. Something I've been spreading around YouTube and Reddit is using a bronze ACA plan + an HSA as a safety net to keep your income below the ACA subsidy threshold. You can contribute to an HSA until the tax filing deadline for the prior calendar year's taxes (I.e. approx April 15, 2027 for filing 2026 taxes). This means if you get a surprise special dividend in December 2026 that takes you over the ACA subsidy limit, you can contribute up to $4400 single/$8750 family to an HSA to reduce your income and still qualify for the subsidy, thus likely saving $1000s per person. You can also theoretically use an HSA to increase your 401k rollovers after age 59 1/2. For example assume the ACA limit was exactly $84k for a couple. You normally rollover enough 401k to a Roth to hit $84k perfectly including unknown December dividends and interest. Instead, you withdraw an extra $6k of the rollover to hit $90k. However, instead of sending the extra $6k to a Roth, you send it to an HSA. The HSA contribution deduction wipes out the additional income and tax on the extra $6k withdrawal. You still have approximately $2750 buffer for any surprise dividends/income in December. if you do this for 5 years until age 64 1/2, you can let this $30k grow tax free for health expenses without RMDs forcing your income and taxes up later. Just be careful about HSA contributions around the time you turn 65. There's a 6 month look back period (or your 65th birthday, whichever is less) when you sign up for Medicare part A. if your 65th birthday was in March, you would only be able to make HSA contributions for Jan and Feb of that year even if you claimed in July because you no longer qualify for an HSA if you have other possible coverage (Medicare Part A retroactive to your birthday or 6 months). Note that there is a permanent Medicare penalty if you sign up late…nor more than 3 months past your birthday month. If your birthday was in March, you'd need to claim by June, so claiming in July would get you a permanent penalty

  31. Love the channel Prof G but ive always wondered what your thoughts are on going primarily dividends when nearing retirement. Say for example you have 2 million from your entire portfolio and just split it up into a mix of schd, qqqi, and index etfs to get a yield of roughly 10%. So you could live comfortably on 200k per year with some appreciation as well?

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  42. It's ridiculous that social security might be in a shortfall. So many people who paid into the system their whole life die before ever drawing a penny. Where does all that money go???

  46. I turned 50 this year. This one is as good as gold. Thank you. I will have a pension, taxable brokerage, 457 deferred comp, high yield savings, and apply for social security too. I have a house that will be paid off by retirement and I invest heavily in precious metals. I will consult with you soon about the ways to maximize my retirement.

  49. But here’s the even bigger questions. What will you do after you retire ? If you plan on Sutton around and being lazy , you’ll probably not have much life left . Have a plan !! And question 2 is how much you like your job. If you’re happy with your job, it pays well and and not breaking down your body …. Why not stay ? You can still enjoy like while working . Am I wrong ??

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