In this informative video, financial expert Julia Lembcke, CFP® explains how to structure your investments to cover your income …
source
In this informative video, financial expert Julia Lembcke, CFP® explains how to structure your investments to cover your income …
source
To the point, no BS/filler. Thank you !
Currently 45 would like to retire by 52, but my portfolio is a mess right now.
IRA & 401k grossly underperforming, I’m getting confused, is anyone experiencing same?
if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Acquiring stocks is simple, but selecting the right ones without a proven strategy is daunting. With a $160K portfolio, I struggle with identifying optimal entry and exit points. Any advice would be invaluable.
Thank you—this was exactly what I needed to see.
My wife and I are directors of our farm business, own property, and have modest pensions. I’m almost 55 and she’s 52.
We’ve started saving with the goal of retiring from farming and living off rental income. It would be incredibly helpful if you could go live and discuss how to build passive income streams online and retire comfortably—ideally reaching $1 million.
Currently 45 would like to retire by 52, but my portfolio is a mess right now.
IRA & 401k grossly underperforming, I’m getting confused, is anyone experiencing same?
Tons of fake BOT conversations on this channel.
My original retirement plan was to retire at 62, work part-time, and save diligently. However, rising costs have significantly disrupted this plan. I’m concerned about whether those who faced the 2008 financial crisis had an easier time compared to the challenges I'm facing now. With a shrinking income and the stock market's volatility, I'm worried about my future Medicare expenses and whether I’ll have enough savings for retirement, especially since I’m unable to contribute as much as I once did.
A very good financial plan I have ever known
Everyone knows to buy low and sell high but retirees already have their money in the market when it crashes. Down over 70k, should i sell off and go all cash today?
What if you are 72 YO how do the buckets look then
Hmm, bucket list to retire.
Why would I hire someone to do worse that what I can do? I put $800+k into a few good monthly paying ETF's when I retired. I've been getting a consistent 12% to 14% dividend yield and the ETF's NAV's are higher than when I bought them. getting about $140k/year plus my SS and pension. Be smart, be wise and don't rush into anything without thinking it through.
When it took 13 years to recover from the 2008 financial crisis, why would a person over 70 risk stock bubble, likely die before recovering from a major selloff. At 70 I won't buy bonds over 10 year duration because I might die before maturity.
Retirement can be rewarding when you have this two key components: a solid financial foundation and secondly, a clear sense of purpose. Making strong investment decisions is crucial in achieving strong returns in order to enjoy a secure retirement.
Great video, thanks!
Hi Julia…Do you recommend not holding more than 250k in any one money market account?
Yeah cool in 15 years I will be 85 years old Do y'all believe I might live that long and even care to have that kind of money I'm not sure but thank you for the advice sweetie❤
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people,One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. Also sought help to handle my portfolio which was my foundation. i'm ever grateful to Abigail Ann Ryan my FA.
In my current Fidelity newsletter, they discussed how QLACs was a viable annuity option, but when I searched the Fidelity website – ZERO information on how to purchase a QLAC. Really makes me wonder.
I like your honest truthful eyes. Im retired n collecting sss now. I have $200k cash but do not how to invest income to supp my fix sss income. I dont to get rich my simple lifestyle. Can you help ? How can i reach you 🫵? Thnx ❤❤❤. I Subbed (edited).
18 months worth of expenses in cash or money market account…enough to ride out a correction. The rest in stocks. 100% S&P 500 index or a mix including an internantional fund. When you look at the most recent data on this, including the debacle we saw with bonds dropping just as much in 2022 as stocks did, the only other place left to hide is in real estate. You couldn't pay me to invest in bonds, these days…T-bills are going to fail because the entity issuing them is way over-leveraged. CFP's go out of their way to try and make this seem more complicated than it is, so people will feel like they need to work with a "professional" to help them figure it out. All that really means is someone else is profiting from your diligence.
Incomplete. What about the size of each buckets?
We are watching the YT “guru’s” because they teach us how to avoid the high fees that bank advisors charge to keep our investments.😊
You lost me when you suggested "metals" as a long term investment…
I’m worried about retirement planning and I want to ensure a comfortable future. I’ve worked hard my entire life and I want to enjoy the fruits of my labor without financial stress. I’m really concerned about whether I’ve saved enough and invested wisely.
I like the idea. Can you recommend what % of assets should be in each bucket?
Thank you for doing these videos!
I always thought the best way to avoid sequence of return risk was to have 2-3 years of cash on hand for those unexpected bear markets, but pull money from your equities when the market is doing well.
In your scenario, you might burn through all that cash, CDs, etc. in 3 years while the market is going up, but then you have to start withdrawing equities and we might slip into a 3 year bear market at that very same time; your sequence of return risk was just kicked down the road a few years.
I’m thinking of the 3 year cash account as the bear market emergency account (most don’t last that long). This may allow you to avoid draining your account while stocks are falling, for many years.
What am I missing here?
Thanks again for all you do, I appreciate you!
SO much help as I plan to retire in a few years. I now see where I need to work on my portfolio in preparation for that.
15 year for buquet 3 is too much. That is an ultra conservative person right there.
According to my CFA; Investing for Retirement is better than Saving for Retirement….
I disagree with the “bucket” method. Here’s why: the first bucket, the so-called “safe money” is spent down first. This makes no sense. This is your emergency money. Why are you intentionally spending it down during the first years of retirement if there is no emergency? The assumption here is to allow buckets 2 & 3 time to grow. But if we assume that the first year of retirement is average market performance, you don’t need to go to your emergency assets. This is like grabbing a parachute and jumping out of the plane when all engines are humming and you’re maintaining altitude. That’s not what the emergency chute is for. Instead, from the beginning of your retirement invest like this:
70% dividend paying assets (mainly ETFs/mutual funds), dividend stocks, REITs, Preferreds, Master Limited Partnerships, etc.
20% growth funds, big cap, small cap, broad tech fund
10% emergency (safe) money, money markets, short term bonds, etc.
The dividend funds will pay out (monthly) regardless of the market conditions. Sit back and let them do their thing. Let the growth funds appreciate and harvest gains as they grow. When a correction hits, don’t sell any growth or dividend funds, but allow your dividend paying funds to pay out, even if they are at a slightly lower rate. Calculate how much $ you are missing from the other buckets and take that out of your emergency fund as needed, which has been quietly compounding at about 4%. Wait for the crisis to end and let the growth funds recover, keep collecting from the dividend funds, and allow your emergency fund recover.
Keep an emergency fund available all through retirement. You don’t spend it down during the first years.
"Retirement isn’t an end goal, but a journey best secured by careful and consistent investments."
This is very inspiring. I'm working on my dream and feel like nothing working out. This video made me motivated to move forward. When I was 24, my company hired a consultant to give us retirement planning advice, and I had just started saving. The class, called "Starting Strong," recommended investing in a target retirement fund aligned with my 65th birthday. That was 20 years ago, and it's the only investment I've made. What other ways can I grow my finances?
For the three buckets, do you have 33% allocation of total available investment money FOR EACH BUCKET when you begin, or other allocation per bucket?
52:10 Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.
Bucket 1 and Bucket 2 appear similar with CDs, Treasuries, Fixed Annuities.
Great Video! I'm a little fuzzy on the bucket replenishment from yellow bucket to green bucket. Is that AFTER 5 years? Since you said the yellow bucket is for 5-15 years, I just wanted to make sure I have the strategy correct. Thanks!
I firmly believe that investing $50,000–$100,000 in a well-chosen startup is more crucial than retirement savings. But choosing the perfect business is really difficult. In a HYSA, I have about $200,000 that I would like to invest. Which opportunities are the finest right now?
Brains and beauty ❤❤❤
have made over $700 k from a $ 100k capital so far since I decided to make and see changes with my money, I have had a succession of payouts from trading Forex, I recently diversified some into dividend paying Stocks and for long term hold
1:43 you said they pulled out monthly, so they would not get the max loss unless it was a annual withdrawal at the low you speak of. Just checking, but I understand what you are trying to point out.
As an investment enthusiast, I often wonder how top level investors are able to become financially stable, I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
Sounds like a reasonable approach no matter what amount you have….
Until Kamela gets elected. S and p may be down for 30 years from round 2 of the great depression.
Thank you for this. I was thinking putting it all in cash.
[] If I am living… I will pitch a tent at Parliament for I have proof that I contributed Amen
🏕 🦌 🌳