How Social Security Should Affect Asset Allocation during Retirement
Join the newsletter: https://robberger.com/newsletter/?utm_source=Rob+Berger&utm_medium=ATF+Link&utm_campaign=Newsletter&utm_id=YouTube
How should Social Security, annuities, pensions and other forms of guaranteed income affect our asset allocation during retirement. Some argue that we should treat them like bonds. They offer near guaranteed, stable income, and therefore, they should constitute part of our bond allocation.
A better approach, in my opinion, is to simply reduce or annual income requirements be the amount of these guaranteed payments. Then base our asset allocation on any additional income we need to generate from our investments.
I walk through both approaches in this video.
Resources mentioned in video & some bonus resources
Annuity Calculator: https://financialmentor.com/calculator/present-value-of-annuity-calculator
Personal Capital (Investment Tracking, Retirement Planning): https://go.robberger.com/personal-capital/yt-65
Kitces' article: https://www.kitces.com/blog/valuing-social-security-benefits-as-an-asset-on-the-household-balance-sheet/
Bengen article: https://www.retailinvestor.org/pdf/Bengen1.pdf
Kitces' interview: https://www.morningstar.com/articles/702029/social-security-part-of-your-asset-allocation
Forbes article on valuing social security: https://www.forbes.com/sites/baldwin/2016/03/15/whats-your-social-security-benefit-worth/?sh=107ef6ca64d8
Social Security Valuation Calculator: https://docs.google.com/spreadsheets/d/1Hzxj9VSC8GhF439C1udo5uQlnbjDPjmxFbgfLddcAKE/edit#gid=1540960016
Investing Tools & Resources
📚 My Book (Retire Before Mom and Dad): https://amzn.to/2MsRJ9B
📈 Personal Capital (Investment Tracking): https://go.robberger.com/empower/yt-
⛱ New Retirement: https://go.robberger.com/new-retirement/yt-63
💰 M1 Finance $30 Bonus (IRA & Taxable Accounts): https://go.robberger.com/m1finance-bonus/yt-
📊 Morningstar (Fund Research): https://go.robberger.com/morningstar/yt-
💵 Tiller (Budgeting): https://go.robberger.com/tiller/yt-
🏆 Best Investment Tracking Apps: https://bit.ly/3wSbKZa
Popular Videos:
1️⃣ How to Create a 3-Fund Portfolio: https://www.youtube.com/watch?v=kmw8OpGp2rM
2️⃣ How I Manage 28 Accounts in One App: https://www.youtube.com/watch?v=cQk6EQk3iGg
3️⃣ 7-Step Financial Checkup: https://www.youtube.com/watch?v=mNWGWxKzKTY
#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: https://www.youtube.com/channel/UC9C17-OMxa-7oRSaCtztObw?sub_confirmation=1
Facebook: https://www.facebook.com/financialfreedomguy/
Twitter: https://twitter.com/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.
Видео How Social Security Should Affect Asset Allocation during Retirement канала Rob Berger
How should Social Security, annuities, pensions and other forms of guaranteed income affect our asset allocation during retirement. Some argue that we should treat them like bonds. They offer near guaranteed, stable income, and therefore, they should constitute part of our bond allocation.
A better approach, in my opinion, is to simply reduce or annual income requirements be the amount of these guaranteed payments. Then base our asset allocation on any additional income we need to generate from our investments.
I walk through both approaches in this video.
Resources mentioned in video & some bonus resources
Annuity Calculator: https://financialmentor.com/calculator/present-value-of-annuity-calculator
Personal Capital (Investment Tracking, Retirement Planning): https://go.robberger.com/personal-capital/yt-65
Kitces' article: https://www.kitces.com/blog/valuing-social-security-benefits-as-an-asset-on-the-household-balance-sheet/
Bengen article: https://www.retailinvestor.org/pdf/Bengen1.pdf
Kitces' interview: https://www.morningstar.com/articles/702029/social-security-part-of-your-asset-allocation
Forbes article on valuing social security: https://www.forbes.com/sites/baldwin/2016/03/15/whats-your-social-security-benefit-worth/?sh=107ef6ca64d8
Social Security Valuation Calculator: https://docs.google.com/spreadsheets/d/1Hzxj9VSC8GhF439C1udo5uQlnbjDPjmxFbgfLddcAKE/edit#gid=1540960016
Investing Tools & Resources
📚 My Book (Retire Before Mom and Dad): https://amzn.to/2MsRJ9B
📈 Personal Capital (Investment Tracking): https://go.robberger.com/empower/yt-
⛱ New Retirement: https://go.robberger.com/new-retirement/yt-63
💰 M1 Finance $30 Bonus (IRA & Taxable Accounts): https://go.robberger.com/m1finance-bonus/yt-
📊 Morningstar (Fund Research): https://go.robberger.com/morningstar/yt-
💵 Tiller (Budgeting): https://go.robberger.com/tiller/yt-
🏆 Best Investment Tracking Apps: https://bit.ly/3wSbKZa
Popular Videos:
1️⃣ How to Create a 3-Fund Portfolio: https://www.youtube.com/watch?v=kmw8OpGp2rM
2️⃣ How I Manage 28 Accounts in One App: https://www.youtube.com/watch?v=cQk6EQk3iGg
3️⃣ 7-Step Financial Checkup: https://www.youtube.com/watch?v=mNWGWxKzKTY
#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: https://www.youtube.com/channel/UC9C17-OMxa-7oRSaCtztObw?sub_confirmation=1
Facebook: https://www.facebook.com/financialfreedomguy/
Twitter: https://twitter.com/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.
Видео How Social Security Should Affect Asset Allocation during Retirement канала Rob Berger
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Chapter 9: 3 Financial Rules of Thumb (Video #6)7 Online Side Hustles that can Change Your LifeCovid-19 Student Loan Relief--How to legally stop paying your federal student loans401k Beginners Guide--How to Invest in a 401k, 403b or TSPGameStop Stock Plunges | 7 Lessons Every Investor Can Learn from the Epic CrashStimulus Check Scams -- How to spot scammers trying to steal your $1,200 stimulus payment$1,400 Stimulus Check Update + Unemployment Extension (1/24/2021)How to be a Better Thinker [The Time Capsule Method w/ Roam Research]How to Remember Everything You ReadChapter 7: The Money Multiplier--Returns (Video #4)Coronavirus Financial Support and Aid ResourcesJobs Report Out - Markets Trending UpCARES Act Mortgage Forbearance Q&AA 7-Step Annual Financial Checklist for 2021How Safe Is Your Bank? Here Are 4 Free Tools To Find OutWill Your Mutual Funds or ETFs Distribute Capital Gains this Year?8 Year-End Financial Checklist Action ItemsHow Investment Fees Lower Retirement Spending (and invalidate the 4% Rule)3 Tools to Calculate the True Cost of Investment Fees in RetirementHow to Retire Before You Qualify for Social SecurityIs a 100% Bond Portfolio Safe for Retirement?