The Big Picture

SEPTEMBER 19, 2023

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. So I applied to Maryland State retirement.

Assets 147

Assets Management Investments Investing 147

Good Financial Cents

SEPTEMBER 29, 2022

However, by doing a little math, you can easily determine your hourly wage from your annual salary. Depending on how many are distributed each Year, you may be compensated for the time off and federal holidays. 55K a Year Is How Much an Hour? In this case, you’d receive $4,583.33 How Does Vacation Impact My Annual Salary?

Budgeting 64

Budgeting Taxes Transportation Insurance 64

Clever Girl Finance

JUNE 28, 2023

What sets dividend stocks apart is that they regularly distribute a portion of their earnings to their shareholders in the form of dividends. By law, REITs have to distribute at least 90% of their taxable profits as dividends to the shareholders. You’ll also need to do some math to figure out the potential profit margins.

Investing 63

Investing Investments Accounting Certification 63

The Big Picture

JUNE 6, 2023

RITHOLTZ: if you’re one latte away from your retirement being messed up you got bigger … SETHI: Bigger problems. RITHOLTZ: What are your thoughts on the early retirement fire movement? It’s much deeper than math. So, I created this eBook and I decided to sell it for $4.95 RITHOLTZ: Sure. It’s validation.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

The Big Picture

DECEMBER 6, 2022

It has to be such a different set, the retirement planning is different, the safety net is different. People in Spain when I was growing up in the ‘80s and ‘90s, they expect to just retire and have the government give them like a paycheck every month. So a phenomenal learning experience with both Jefferies and Morgan Stanley.

Clients 162

Clients Investing Investments Management 162

Good Financial Cents

APRIL 19, 2023

The idea of passive income is to supplement, augment or get you out of your job so you can retire, travel, or spend more time with loved ones. REITs own and manage income-producing properties and distribute the profits to investors. Passive Income is all about protecting your time. What Passive Income is not. This is active income.

Accounting 105

Accounting Investing Investments Media 105

Carson Wealth

MARCH 2, 2023

Tom Fridrich, JD, CLU, ChFC ® , Senior Wealth Planner We’ve all asked ourselves whether it’s too early to retire (usually after a particularly challenging commute or dealing with a difficult client). But even if you feel confident today, would it be reasonable to retire early? How Early Is Early?

Retirement 98

Retirement Taxes Accounting Financial Advisor 98

The Big Picture

JANUARY 21, 2025

But the numbers you can’t argue with, I mean, we all know that the brutal math of investing before costs investors collectively will earn the market return after costs. I realized I had enough to retire if I wanted to. But learning how to spend in retirement. So I made a plan to get out of there. It varies enormously.

Investing 147

Investing Investments Management Retirement 147

The Big Picture

MARCH 27, 2023

So you retire in 2018. But over the last 30 or 40 years, probably 40 years since the Reagan years, if you look at the wealth and the income distribution in this country, it really has sort of gelled at the top. Is it that same fat head, long tail distribution of wealth even amongst the hedge fund community? and the 0.01percent.

Assets 285

Assets Investments Investing Management 285

The Big Picture

MAY 9, 2023

So I took it upon myself to go off and took a course in bond math, took another course in derivatives and realized the underlying fundamental concepts were barely, I mean, it wasn’t even high school math in most cases. I didn’t know what any of these terms meant. Three main client segments. SALISBURY: Sure. SALISBURY: Yes.

Assets 299

Assets Clients Investing Investments 299

The Big Picture

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. People earn wages, whether it’s a retirement account or a tax deferred account or just an investment account.

Assets 173

Assets Management Portfolio Taxes 173

Brown Advisory

AUGUST 1, 2019

So it may be surprising to hear that a Roth IRA—a vehicle ostensibly intended for retirement income—can be a powerful mechanism for next-generation wealth transfer. Background Since January 1, 2010, all individuals, regardless of income levels, have been able to convert existing retirement accounts such as traditional IRAs into Roth IRAs.

Planning 52

Planning Distribution Taxes Accounting 52

Brown Advisory

AUGUST 1, 2019

So it may be surprising to hear that a Roth IRA—a vehicle ostensibly intended for retirement income—can be a powerful mechanism for next-generation wealth transfer. Since January 1, 2010, all individuals, regardless of income levels, have been able to convert existing retirement accounts such as traditional IRAs into Roth IRAs.

Planning 52

Planning Distribution Taxes Accounting 52

The Big Picture

NOVEMBER 22, 2022

So, yes, there were a number of bottling companies that would bottle Coca-Cola product and distribute it throughout the country or throughout the region. My dad was a naval officer who retired shortly before I was born. What did your dad retire from doing? He retired and went to work at the Library of Congress as personnel.

Recruitment 147

Recruitment Engineering Banking Investments 147

The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

Banking 204

Banking Government Insurance Taxes 204

The Big Picture

AUGUST 29, 2023

And when you saw the US Ag down 13% last year, for folks, again, who are investing for retirement and in their 529 plans, they’re not concerned about it. But when you translate that to folks who might have a heavy municipal bond portfolio, and those folks who are in retirement, and they don’t like principal losses.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Better Letter

NOVEMBER 2, 2023

I couldn’t make that math work at all plausibly. ” My mother didn’t know who Dave Ramsey was, but she used only cash, distributed into different envelopes dedicated to different types of expenses: Dave’s advice applied. In Dave’s world, an 8 percent retirement withdrawal rate isn’t crazy.

Certified Financial Planner 96

Certified Financial Planner Investments Investing Portfolio 96

The Big Picture

JULY 4, 2023

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. RITHOLTZ: People will figure out.

Management 147

Management Recruitment Numbers Banking 147

Sara Grillo

JUNE 12, 2023

Quick math: If you have $1.828 million in the bank. And , you have to do the math by hand. To What If Analysis, what if I pay… So I’m doing my cash flow planning in my retirement plan, and I say, You know, I don’t wanna have to pay for in as a retirement. There is an admin charge of about $49k.

Insurance 59

Insurance Clients Financial Advisor Math 59

The Big Picture

JUNE 18, 2024

So the fact that I had a sociology degree really didn’t impede, I think getting into business Barry Ritholtz : And you end up in like what some would think of as kind of a dry, legalistic part of Fidelity, the ERISA Division, which focuses on retirement accounts. Erika Ayers Badan : It was very boring.

Media 147

Media Food Advertising Investments 147

The Big Picture

OCTOBER 21, 2024

I’m good at math and science and you know, I always had an idea what go into business, but I felt that electrical engineering would be a good foundation. You know, I, it always, I I see different numbers all the time, so it’s always kinda like, who’s math if you will? 00:02:16 [Speaker Changed] Me too.

Numbers 147

Numbers Banking Investments Investing 147

The Big Picture

JULY 29, 2024

So built in a retirement offering an insurance offering, expanded their mutual fund offering, expanded their ETF offering. Well, 00:34:43 [Speaker Changed] You, I mean you mentioned the marketing rule and I think that that’s changed the way performance reporting is calculated and distributed across the industry. It was great.

Clients 147

Clients Portfolio Financial Advisor Investing 147

The Irrelevant Investor

AUGUST 9, 2018

The median retirement account balance of people ages 56 to 61 is just $25,000. Whatever else happened, retired policemen and firefighters and teachers would be paid. workers participate in an employer-sponsored retirement plan. ( If you're curious to learn how the math behind this, read this piece from Econompic.

Economics 52

Economics Investing Investments Distribution 52

The Big Picture

MARCH 21, 2023

If you’re anywhere from an individual to a pension fund, saying how much do I have to save to retire? My mom was a math teacher so — RITHOLTZ: Okay. My mom was a math teacher so — RITHOLTZ: Okay. ASNESS: — quote, “normal model,” normal distribution say. He’s the genius in math.

Valuation 173

Valuation Investments Investing Numbers 173

The Big Picture

MARCH 17, 2025

Wasn’t the Excel spreadsheet error, which changed their math. Obviously they can be used, make changes to the tax code if you care about the distribution of income and wealth and you wanna make some kind of change because you think things have gotten too concentrated. My dad was in the military, so we lived all over the place.

Taxes 147

Taxes Economy Government Budgeting 147

The Big Picture

JANUARY 7, 2025

But within a year and a half I retired all our hedge fund business because I could see the capital inflows going into the private markets opportunity. Now we’re starting to come out of that now, but that math is still nowhere near where it needs to be. The institutional investor does not like that math.

Valuation 130

Valuation Engineering Numbers Marketing 130

The Big Picture

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. You learn the math that can help you with, with market making operations. It’s just not smart on a math basis to do that. And I just caught the bug. Become options market makers. You learn the technology.

Portfolio 147

Portfolio Management Marketing Marketing 147

The Big Picture

JUNE 20, 2023

MORGENSON: And so you have pensioners at Bristol-Myers or Lockheed or Coors is another who are really relying on private equity to do the right thing for their pensions going forward, for their retirement, for their payouts when they need them. So corporate pensions that gave a worker a reasonable shot at a prosperous retirement.

Insurance 147

Insurance Healthcare Retail Medicine 147

The Big Picture

AUGUST 22, 2023

I went there because I was fearful that being a professor would be like retiring in your 20s. And the thresholds really matter and we don’t know what their distribution is in advance and it has to play itself out. SUNSTEIN: But by tradition, it is not just a lackey. And then, as you say, I went to the University of Chicago.

Economics 245

Economics Media Government Numbers 245