Getting Your Financial Ducks In A Row

OCTOBER 31, 2022

It has further been estimated that as we approach retirement, this ratio increases to a factor of five times more pain for a loss as opposed to the joy we experience for a gain. There’s no shame in admitting that factor – for a lot of us, math can be very tough.

Math 113

Math Investments Investing Retirement 113

Random Roger's Retirement Planning

DECEMBER 17, 2023

change at retirement. Hopefully a mortgage is paid off, hopefully there are no car payments to make and health insurance at 65, if retired, should go down quite a bit on Medicare, especially if income goes way down. Once someone is retired, saving for retirement is one less expense too.

Retirement 75

Retirement Math Insurance Taxes 75

Random Roger's Retirement Planning

JUNE 3, 2024

I haven't seen too many scenarios where Roth conversions were optimal as most people don't earn more after they retire. Do the math on your particulars like what your various sources of earned income will likely be, how much your RMDs will likely be and so on. With more normal scenarios, really crunch the numbers with your accountant.

Numbers 98

Numbers Taxes Retirement Accounting 98

The Irrelevant Investor

SEPTEMBER 19, 2020

Yesterday Ben and I did a show on retirement. We basically partnered with them and were fully transparent with the numbers. While the math of the former is easy, and the implementation of the latter takes a stick, even my two smart ass millennial offspring will now admit it created a solid foundation. Don't delay.

Retirement 52

Retirement Math Education Planning 52

Discipline Funds

MARCH 1, 2023

If you adjust it for only the working age and retired population then inventory is even higher. Of course, this data is highly localized and we generally measure “inventory” by the number of units that are actually for sale. And that’s where the math on renting comes into play.

Math 137

Math Numbers Sales Economy 137

Carson Wealth

FEBRUARY 22, 2023

Matt Kory, Vice President, Retirement Programs As a retirement income vehicle, the 401(k) is second in popularity only to Social Security – and as CNBC reported in 2019 the number of 401(k) millionaires is at an all-time high. But is a million dollars even enough for your retirement needs? Just think of the numbers.

Retirement 98

Retirement Taxes Planning Math 98

Integrity Financial Planning

FEBRUARY 3, 2023

Confirm Your Numbers Make sure that your filing status, name, and the names and Social Security numbers of your dependents are accurate. It’s also not a bad idea to review the bank account numbers you included (some of those digits can be lengthy!). 5] Avoid Early Retirement Account Withdrawals if You Can!

Taxes 82

Taxes Math Accounting Medical 82

Random Roger's Retirement Planning

AUGUST 17, 2023

This article obviously favors more stocks but an interesting thing not said was at what number would it make sense to just flip from individual holdings to mutual funds and ETFs. In my opinion the diversification benefit hits diminishing returns pretty close to 40 individual holdings based on math if nothing else.

Numbers 75

Numbers Portfolio Math Portfolio Management 75

The Big Picture

AUGUST 29, 2023

My Two-for-Tuesday morning train WFH reads: • Stock Pickers Never Had a Chance Against Hard Math of the Market : In years like this one, when just a few big companies outperform, it’s hard to assemble a winning portfolio. If you’re depending on income to fund your retirement, 5% rates are a blessing. With the 10 year at 4.2%

Insurance 130

Insurance Math Economics Economy 130

Integrity Financial Planning

JANUARY 23, 2023

For most, Social Security provides a solid foundation for retirement income. As you grow older and retirement looms on the horizon, the decisions you make start to have a more crucial impact on the amount of money you receive, so it’s important that you know what to expect.

Retirement 89

Retirement Math Retirement Planning Planning 89

Random Roger's Retirement Planning

JUNE 30, 2024

The latest retirement disaster article from Yahoo focuses on 55 year olds who have a "median savings of less than $50,000." Yahoo says it's "bleak" because this cohort is "only about a decade from retiring." A harsh reality is that $50,000 is not a retirement fund but it is a pretty robust emergency fund.

Retirement 75

Retirement Math Taxes Accounting 75

Clever Girl Finance

JANUARY 29, 2023

This is very important for retirement, and knowing what your target net worth by age should be will help you better understand how to reach your personal financial goals. Staying away from debt is also encouraged so you can keep your net worth number positive. The information here is just to guide you, not to set any rules. Rowe Price.

Budgeting 118

Budgeting Retirement Assets Education 118

The Irrelevant Investor

SEPTEMBER 24, 2020

The internet was triggered by these numbers from Fidelity. Ben and I spoke about this concept on a podcast we did about retirement. I thought these numbers were completely ridiculous. I understand all the reasons why it's hard to save money, but in this post I only want to look at the math. 3x your income by 40?

Retirement 52

Retirement Numbers Math 52

Random Roger's Retirement Planning

NOVEMBER 6, 2023

My process here for the notional values was that the multiplier is 100 so a put struck at 4100 would hedge $410,000 worth of stock, so then I just multiplied the dollar amount by the number of puts. Why wouldn't the fund have already blown up earlier this year when the S&P 500 was up more?

Math 105

Math Education Management Taxes 105

Clever Girl Finance

FEBRUARY 21, 2024

The term personal finance ratios might give you flashbacks to math class, learning various formulas, equations, and ratios. In mathematical terms, a ratio is essentially a way to compare two numbers. Since finance is all about numbers, that can come in handy in many ways especially when making financial calculations!

Assets 85

Assets Numbers Math Retirement 85

Clever Girl Finance

FEBRUARY 6, 2023

The term personal finance ratios might be giving you flashbacks to math class. In mathematical terms, a ratio is essentially a way to compare two numbers to each other. Since personal finance is all about numbers, that can come in handy in many ways! However, their value tends to fluctuate more so it’s not a stable number).

Numbers 80

Numbers Assets Retirement Budgeting 80

The Big Picture

MAY 9, 2023

He co-chairs a number of the asset management investment committees. So I interviewed with a bunch of banks, got a number of job offers by the end of the week, and joined Goldman Sachs in October 1998. I ended up being hired onto the high yield desk as a research analyst and did that for a number of years, a couple of years.

Assets 299

Assets Clients Investments Investing 299

Random Roger's Retirement Planning

DECEMBER 15, 2024

Bloomberg had an article titled As Gen-X Nears Retirement, Many Fear They Can't Afford It-Now or Ever. There was an odd and I believe inaccurate emphasis on workplace retirement plans pivoting from defined benefit plans (pensions) to defined contribution plans (401k) starting around the turn of the century.

Retirement 52

Retirement Retirement Planning Numbers Planning 52

Random Roger's Retirement Planning

JULY 9, 2023

Generally speaking, pensions are less viable than they used to be, the math doesn't work as well. The only pension I am remotely close to is the Arizona Public Safety Personnel Retirement System. The concept of pensions is that they provide a security net to retired workers. Is he right? Is he wrong?

Retirement 66

Retirement Math Management Taxes 66

Random Roger's Retirement Planning

FEBRUARY 29, 2024

The simple 40 year trade for bonds of "number go up" is finished and as a matter of math, can't be repeated. That just isn't the reality. The diversification benefits of intermediate and longer term bonds is not what it used to be. Taking volatility out of a fixed income portfolio is fairly simple.

Marketing 95

Marketing Marketing Math Portfolio 95

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. And so there was a number of less liquid markets that made for quite wide spreads. And you know, I think ultimately there was a number of opportunities that came out.

Numbers 147

Numbers Banking Investing Investments 147

Good Financial Cents

JULY 3, 2023

Calculation Breakdown Let’s break down the math to find out how much you could earn annually with a $30 hourly wage: Consider an average workweek of 40 hours and an average year consisting of 52 weeks. Then $27,750 is the magic number. Let’s do math again! What Does $30 an Hour Translate to in Terms of Paycheck?

Budgeting 73

Budgeting Taxes Numbers Retirement 73

Random Roger's Retirement Planning

APRIL 12, 2023

My experience is that the typical retired person/couple expects growth in exchange for some volatility from the equity portion of their portfolio, they don't want it from their fixed income sleeve. I'm not sure how much fixed income that has equity beta should be in a portfolio but I don't think it's a high number.

Portfolio 75

Portfolio Math Clients Retirement 75

The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. She has run a number of firms and a number of divisions at large firms and traced a career arc that’s just very unusual compared to the typical person in finance. It is something, math has always come easy to me since a child.

Math 130

Math Management Insurance Assets 130

Random Roger's Retirement Planning

DECEMBER 1, 2023

A quick excerpt from a post a couple of weeks ago about retirement misconceptions. I would much rather withdraw 10% or more per year from my retirement accounts and do it without taking any principal. Part of the math that determines options premiums is the risk free rate of return from T-bills.

Math 74

Math Retirement Numbers Portfolio 74

Walkner Condon Financial Advisors

JUNE 2, 2023

CFP Board certificant data makes one thing clear: “the issue of the low number of women CFP® professionals is primarily a problem of attraction, and not one of retention. women tend to live longer, making it much more important to plan for a longer retirement) or a subjective one (e.g. Whether it’s an objective topic (e.g.,

Financial Planning 98

Financial Planning Planning CFP Financial Advisor 98

Clever Girl Finance

JULY 13, 2024

The numbers in the 60/30/10 each represent a percentage of your financial plan. With this system, you will use 60% of your take-home pay to build your savings or even an early retirement account , invest, save up for a down payment, or repay debt. As an example, one of my major savings goals is retirement.

Budgeting 73

Budgeting Transportation Retirement Food 73

Clever Girl Finance

FEBRUARY 10, 2023

And don't worry if math isn't your thing because we've included 50 30 20 budget spreadsheet ideas to help you stay on top of your budgeting strategies. It can include investing in the stock market, purchasing real estate, or also setting up your retirement accounts. Beyond that, focus on your retirement savings.

Budgeting 98

Budgeting Taxes Transportation Healthcare 98

Random Roger's Retirement Planning

DECEMBER 10, 2023

There was a lot of content from various places over the weekend about whether it is time to go back into bonds, what retired investors should do for yield and even whether retirees are better off going 100% into equities. As a matter of math, it cannot repeat the run from 8.5% Barron's also noted that 60/40 was up 9.6% in November.

Portfolio 74

Portfolio Math Assets Retirement 74

Random Roger's Retirement Planning

JULY 8, 2023

That is difficult to pull off but if you do the math on that it shows long term outperformance. He makes a good point about not relying solely on math to assess markets and portfolio construction, that the psychology of markets is important too. 75/50 seeks to capture 75% of the upside with only 50% of the downside.

Asset Allocation 74

Asset Allocation Math Portfolio Assets 74

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 Investing Investments 147

Clever Girl Finance

OCTOBER 20, 2022

Retirement accounts. Maintains a large number of readily-available, interested buyers. Figuring out how to calculate liquid net worth is as simple as doing a quick math equation: Liquid assets - liabilities = liquid net worth. skip adding your real estate, retirement accounts, etc.). What doesn't count as liquid assets?

Assets 59

Assets Accounting Math Portfolio 59

The Big Picture

NOVEMBER 22, 2022

Number one, and I think they both reflect strong leadership at the firms. Number one, you had, you know, somewhat of a groundswell from within the firm, certainly at leadership that said we need to figure out a way to do something. Key brands, number one, Coca-Cola Bottling is the company that really helped to jumpstart the city.

Recruitment 147

Recruitment Engineering Banking Investing 147

Clever Girl Finance

JANUARY 29, 2023

Causes of the student debt crisis Based on these staggering numbers, the student loan crisis arises from the fact that many Americans are taking on high debt for college but are unable to pay off their student loans. For white students, that number drops to 59.9%. But what causes this debt burden? An estimated 86.6%

Budgeting 105

Budgeting Education Planning Government 105

The Big Picture

JUNE 6, 2023

And they do that for 35 years tweaking numbers I go you won, you won the game. Number one, everybody has credit cards, everybody misunderstands how to use them, and there are actually some secret perks that people have no idea about. In fact, here’s the phone number you call, and you will get your $37 fee waived.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

The Big Picture

AUGUST 29, 2023

And it worked out and had multiple job offers coming out of school from a number of different insurance companies. I had a number of relationships that I built up and had another job lined up in New York City. DAVIS: So when we think about how those teams are evaluated, it’s a three-year number. So how did you perform?

Portfolio 130

Portfolio Investing Investments Numbers 130

Clever Girl Finance

DECEMBER 16, 2023

Once you know your weekly or monthly income, you can do the simple math of calculating how much 70% would be. We all need an emergency fund, and to save more long-term (think: retirement). Don’t put it into a retirement account where you won’t be able to get the money out for years.) Consider some of these ways to save.

Budgeting 80

Budgeting Retirement Accounting Taxes 80