Ari, Thank you very much for this case . It is the first that I've found that comes close to resonating with my situation.
@earlyretirementari
Күн бұрын
You’re very welcome. The other comments feel different 😅
@Tony-dx3eo
2 күн бұрын
While most of us really appreciate your real-world scenarios, please understand that the vast majority of us who are watching these videos do not have a Pension. Scenarios without a Pension help aid us with better Apples to Apples comparisons.
@earlyretirementari
2 күн бұрын
I have many case studies without pensions. This was a case study for a specific couple where the pension is an aspect of the plan. Here’s a case study without a pension: kzitem.info/news/bejne/w5ptm2lrnqB6n6wsi=PQe_wMTkF6uIIh30
@michellegreen1072
Күн бұрын
Maybe they can do a poll for who has pensions?
@michellegreen1072
Күн бұрын
Are you in the academy?
@kckuc310
Күн бұрын
Well we are
@scottbaker9066
Күн бұрын
@@michellegreen1072 I have a 3k / month pension, with a COLA, and an IRA that could fuel Roth conversion, and some Superman money...
@michellegreen1072
Күн бұрын
One time spending ideas for children: wedding, college, house down payment, monthly allowance, car, student loans
@earlyretirementari
Күн бұрын
Great ideas
@sheenayaj1700
Күн бұрын
Thank for the pension case study!
@earlyretirementari
Күн бұрын
You’re welcome!!
@michellegreen1072
Күн бұрын
I want to retire earlier. Hubby wants to not retire retire ever. 😂😂
@scottbaker9066
Күн бұрын
That's drama not money - call Dave Ramsey
@7SideWays
Күн бұрын
Can they financially retire? Of course. It’s the mental, social, purpose aspect that gets us and is not for everyone. -Early retiree
@guerro327
Күн бұрын
Yes.
@PatsGarageOnline
Күн бұрын
Getting the leaches off the payroll! LOL!!!
@earlyretirementari
Күн бұрын
HA
@DWilliam1
Күн бұрын
Thanks for this video. I have a pension and very few videos on KZitem talk about retirement with pensions.
@earlyretirementari
Күн бұрын
Thank you for letting me know, the other comments are less kind - HA!
@papster33
Күн бұрын
Great case study - thank you! Love the software and am going to have to join. Question on this one. Why did the withdrawal rate spike up so much in the last two years of the plan? I must have missed that.
@earlyretirementari
Күн бұрын
Long term care planning. They want a nice place :). Enjoy!
@papster33
Күн бұрын
@@earlyretirementari thank you for the confirmation. I do recall seeing and hearing that but forgot about it when I looked at the graphic. Great job.
@globetrottertri
Күн бұрын
Great video! Are the cash flow charts inflation adjusted? Thank you!
@michellegreen1072
Күн бұрын
You can toggle a button to switch in between.
@michellegreen1072
Күн бұрын
The “future dollars” toggle
@earlyretirementari
Күн бұрын
@@michellegreen1072 you’re the best Michelle! Thank you for informing everyone:)
@jeffgreenhut
6 сағат бұрын
Great info - thanks! Question about the tool: About 10m into the video you discuss Healthcare and add it as an expense by editing an Action Item. Is this something we have access to in the Academy early retirement tool, or is this something you/my advisor would need to do?
@earlyretirementari
6 сағат бұрын
You would have access to in the academy like this: kzitem.info/news/bejne/r6-Qt6ecr4qdZaw
@Gilboa1985
2 күн бұрын
i am curious on your thoughts when it makes sense to use the rule of 55.
@earlyretirementari
2 күн бұрын
Here you go: kzitem.info/news/bejne/036u0maea3hpinYsi=WTiEHnk7sKkvGEsp
@AT-hs9nf
2 күн бұрын
In short - When you retire at 55 and you got no brokerage account to pull money from.
@MidlifeCrisisManagement
Күн бұрын
in addition to Ari's video link he shared, I'll add that if your expenses are low (no mortgage, no other big debts, etc.), it can make sense if you'll be staying in the 10% and 12% tax brackets. just an observation.
@vchap01
Күн бұрын
You have to ensure your company allows periodical 401k distributions before the age of 59.5. The rule of 55 is a tax law that saves you from early withdrawal penalties. But some companies do not want to deal with distributions and only allow you to do a single distribution for the entire account which creates a tax bomb. There is a provision 72(t) that allows you to take at least 5 periodic yearly distributions from a tax-advantaged retirement account. But the amounts are rigid based on your life expectancy and other IRS specified factors. So it requires a CPA/advisor to be done correctly. The superhero account is the best way to go despite some tax inefficencies.
@alanoldaker563
3 сағат бұрын
With this software, does the monthly retirement expenses include a mortgage payment (let’s say a mortgage is still owed and set up in the software)?
@earlyretirementari
3 сағат бұрын
It does NOT, so you want to include separately because a mortgage expense eventually goes away when other expenses may not so you want to include separately so you don't double-count expenses throughout retirement. You can fully customize the software.
@alanoldaker563
3 сағат бұрын
@@earlyretirementari thank you!
@stevey2461
23 сағат бұрын
If they only have $300k in their brokerage account how are they ending up with so much at end of life?
@greese6916
Күн бұрын
Hi Ari, I guess you never read my prior comment. You are Vice President of Root. What is Root? It would be nice to share the real full name of the Company and not use jargon. My 2 cents.
@earlyretirementari
Күн бұрын
www.rootfinancial.com
@Deltron6060
4 сағат бұрын
16 minutes 😂😂😂😂 the answer is yes ans needs no further information
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