The Social Security Puzzle | Live Q&A

We'll start tonight discussing why so many retirees begin taking Social Security at 62, even though it's often better to wait. Then I'll answer your questions.

I'll start tonight discussing some of my current thinking on Safe Withdrawal Rates, including the 4% Rule. Then I'll answer your questions.

Join the Newsletter. It's Free:
https://robberger.com/newsletter/?utm...

Financial tools I use:

I track all of my investments, performance, fees, and asset allocation with Empower. It's Free:
https://go.robberger.com/personal-cap...

My retirement plan comes from New Retirement, the most robust retirement planner available at a reasonable cost:
https://go.robberger.com/new-retireme...

Rocket Money: I've started using this tool for budgeting, and I love it: https://go.doughroller.net/rocket-mon...

I used Capitalize for my last 401(k) rollover. They did all of the work, and it's Free:
https://go.robberger.com/capitalize/y...

My budgeting tool of choice is Tiller. It downloads all your banking data to Excel or Google Sheets:
https://go.robberger.com/tiller/yt-tools

We save and invest our credit card rewards. Here are some of my favorite credit cards:
https://www.allcards.com/best-credit-...

My Book (Retire Before Mom and Dad):
https://amzn.to/2MsRJ9B

Timestamps

0:00 - Welcome to the Financial Freedom Show!
0:59 - Mike Piper/Open Social Security
2:11 - The Social Security Puzzle
13:02 - Maxing out 401K
17:55 - PIMIX
21:35 - Complicated portfolio
26:38 - Detroit Lions
27:38 - Link to Mike Piper interview
28:26 - COBRA
30:10 - Options for a tax refund
31:00 - Paying for medical bills with 401K
37:42 - SS spousal benefits
40:16 - Backdoor Roth
42:57 - High earner/Low earner
43:44 - Taking SS early vs Spending equities
48:53 - Favorite SS software
51:40 - Risky portfolio
55:08 - Devin Carroll
56:03 - LTC insurance
1:03:03 - Calculators
1:09:15 - VWIAX
1:11:27 - Allocating the bond in a 3-fund portfolio
1:16:22 - Vangaurd Market Outlook 2024
1:19:25 - When husband is older than the wife
1:20:04 - Excluding companies from index funds
1:22:22 - 5 year rule
1:24:47 - The Travelers tv show
1:26:54 - Switching to a TIPS fund
1:29:01 - Total US Bond market vs Intermediate treasuries
1:34:27 - Super Bowl 2024
1:38:25 - Announcements
1:38:45 - Financial Freedom

#retirement #investing #robberger

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

LET'S CONNECT

Youtube:    / @rob_berger  

Facebook:   / financialfreedomguy  

Twitter:   / robert_a_berger  

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.