My forensic mechanical engineering job was pretty good. I was full time but only worked 3-4 days a week and had plan to coast to 65. That all changed, they now want 5 full days plus air travel for in home forensic studies instead of easy lab work, so I retired effective in4 weeks at 63. Boldin gave me peace of mind to leave with confidence
Thanks for reviewing this software Joe. It's definitely worth the low yearly price to gain some piece of mind. My personal analysis indicates I have a 99% chance of retiring successfully at 57 and a half. I'm currently 58 and a couple months and still working expecting to get out of the game at 60.
Please do more examples inside Boldin demonstrating different scenarios. For example, show us how Boldin can guide you in which accounts to take money from and when. Show Boldin's power. It has so many layers and you have surely modeled a bunch of scenarios for yourself. Would love to see you do some "thinking out loud" pretending like you were just starting with the software and thinking about your retirement. What scenarios would you model, show us how, let us hear your thoughts. That's the gold. You could do a series on this. Thanks a ton for your willingness to help all of us be informed and not just guessing. That's the real power!
@@joekuhnlovesretirement is there a way to share my numbers with you Joe? I'm in my late 40s, public school teacher trying to get a sense of my retirement in about 10-15 years.
Great video Joe. Really takes it to the next level and shows us the “how to.” I would not pressure yourself to rush through these because people are commenting the video is too long - easy fix for the viewer is to adjust playback speed to 1.5x or even 2x if we are in a rush. I do it all the time. Turns a 15-min video into 7.5 mins. No problem.
There is a great chance you are giving me an earlier retirment. Great stuff. I modified my expenses similiar to what you did. Got another good insight into the future. Thank you!
Boldin has been a game changer for me. I was able to retire in my early 50's and the software gave me confidence. There are other products out there but this one seems to go to a decent depth with flexibility and they keep listening to customers and making good evolutions. The one-click Roth and SS updates are a huge timesaver when running scenarios. Keep up the great content Joe!
Joe, Boldin revealed that I can retire COMFORTABLY three years sooner than I thought. (And that, if layoffs strike, I can survive retiring two years sooner than that!) Between TH-cam channels like yours and Boldin, my plan has really come together. Thanks!
Thanks for recommending Boldin! I signed up a few months ago and it is a game changer! I will definitely retire with more confidence because of your channel!
Good stuff Joe. Recently turned 58 and I purchased this software a few months ago and all signs point to an early retirement if I so chose. That and helping our adult kids ( 31/24) now when we can enjoy / make an even more meaningful impact in their lives!
Joe, I’m 45 and using the free version of Boldin. It’s excellent and thank you for the review. I just went in and made your recommended adjustments in my own profile. IMO, the free version should be taught in high school--that’s how good it is.
Hi Joe, I pulled the trigger and my last day was 11/8 after 30 years on the job. I'm 54. Boldin and your videos gave me the confidence to do it. I'm positive I would have stated in the 'one more year' camp otherwise. Feeling good about it and adjusting to retired life. I may do a little part time work but it will be on my own terms, and something low stress :)
Why do you "only" have 63k followers? In a TH-cam saturated with people who come across as somewhere between gaming the algorithm and outright scams, you continue to bring genuine quality content.
Hi Joe. I love Boldin. Where I feel I'm lacking is understanding the withdrawal side of things. How much to pull from where and when. Can you cover that in a video? Thanks and happy Thanksgiving!
I love walk throughs. I don't mind the length of videos. Some small notes: When establishing the plan for a couple, going over expected lifetimes would be good. I would keep my baseline as is, and copy to a new scenario before applying changes. That way I can side by side compare. Maybe you can poll to see if people want a model that starts 401k at $500k / $700k / $1 mil / $2 mil / $3 mil. I suspect your viewers have higher starting balances than median.
@@shellycogguillo7478 maybe try turning each event into a money flow. The sell could be a lump sum received, renting an expense that last for a year. For the new home factor property tax and insurance into your monthly expenses and purchase as a one time expense.
Great exercise! Your retirement plan is only as good as the accuracy of your inputs and how realistic your assumptions are on rates of return, inflation, social security, taxes, expenses, etc. You can make any plan a winner or a loser by unrealistically tweaking those inputs. Using anything other than historical averages is no different than random guessing and will likely hurt you more than helping. You’ll either end up way too conservative or way too aggressive. You’re much better off sticking with historical averages and planning for flexible spending that adapts to any market conditions instead.
Joe, if you show zero net income before age 65 don't you run the risk of not being able to get an ACA plan with subsidy, since you would then qualify for Medicaid.
Quick question, if I may? If you End and Start an income/expense on the same month, wouldn't it double-count that line item for that month? I acknowledge that this ignores the overall point to a large degree and is unlikely to move the needle by even a % pt. in most cases.
Quick Boldin question: since you have been doing this for a while, after you go thru a year of retirement (or whatever time length you like), do you change the baseline scenario to keep the death date the same, reduce the length by 1 year, and adjust any account balances to mimic what really happened in the previous time period? And then see what it says? If so, can you somehow save the original 30-year baseline plan and see what got tweaked, like Roth Conversions? I really like the data plots in the Boldin software but wasn't sure if you could compare previous baselines that have different durations. I just started the 14-day free trial so I haven't found all the buttons. Maybe you can download the original baseline data into Excel & track it that way. Thanks!
Boldin automatically advances everything by one year. You do nothing but ensure your assets are updated. You can save something like 5 scenarios on the web, but you can print out a PDF report each year to track changes. I know people that do this -- Including me.
How do you use this in "retirement mode" when you are maintaining and already retired? Do you update your numbers for your income yearly? Are there integrations to your accounts for real-time numbers? I can see how it works at forecasting, how about maintenance?
Great content! I noticed that for long-term care in this example you have it set to will never require any kind of long term care, is is that recommended?
I believe that many of us can/will hold our home equity as long-term care reserve. If it isn’t needed, our wills/trust can specify how the home can be sold for charity or our heirs.
Right now you can get it for $96 instead of $120. Deal good thru Nov 30. 2025. I just signed up for the 14-day trial since the free version has alot of the features I want, like Roth Conversions, are turned off.
Joe, if Joe in your example is able to retire four years earlier, the reality is that he must have a bucket one(brokerage or savings) of liquid assets to carry him to 59 1/2 unless he utilizes the rule of 55 so he can pull from his current employers 401K, correct? I’m currently 55 with considerably more than your example couple in my retirement accounts, however I can’t retire yet for that very reason. I don’t have enough liquid assets to carry me until 59 1/2.
@@joekuhnlovesretirement OK, you’re right. My mistake. But you do agree that if you retire before 59 1/2 that having a bucket of liquid assets to bridge the gap is critical, yes? I would love to see a video on the rule of 55 and other ways that you were able to build up your liquid assets and able to retire at 54. I think a lot of people have retirement accounts with rosey outcomes, however they do not have enough liquid assets to bridge the gap until 59 1/2. Unfortunately, I didn’t start watching your videos till a couple of years ago and had never heard of a bucket one brokerage account. I have one now and I am furiously trying to grow that asset so we can retire at least a year or two earlier.
I agree with your assumption. I didn't really think of it years ago but in addition to taking advantage of companies 401K, I also kept an Ameritrade account that I put extra side money into over the years buying/ selling on my own. Also built up my bank savings account the last four years. Turns out I was doing what your getting into all along and didn't realize it. With this year turning 55, I may be trying out that rule of 55 no penalty thing before long.
Im trying to use the free Boldin. It automatically assumes that you receive social security.Which my job does not?Allow me to take my pension and social security because teachers don't pay into social security. How do I make it delete that section?
Why is this sample and others on y/t always using high income white collar numbers? Why not show examples under 250K or 100K portfolio blue collar earners? Show how they can make enough to be comfortable.
My forensic mechanical engineering job was pretty good. I was full time but only worked 3-4 days a week and had plan to coast to 65. That all changed, they now want 5 full days plus air travel for in home forensic studies instead of easy lab work, so I retired effective in4 weeks at 63.
Boldin gave me peace of mind to leave with confidence
Do you have to pay to use it?
@ yes, it’s $120 per year
Thanks for reviewing this software Joe. It's definitely worth the low yearly price to gain some piece of mind. My personal analysis indicates I have a 99% chance of retiring successfully at 57 and a half. I'm currently 58 and a couple months and still working expecting to get out of the game at 60.
Please do more examples inside Boldin demonstrating different scenarios. For example, show us how Boldin can guide you in which accounts to take money from and when. Show Boldin's power. It has so many layers and you have surely modeled a bunch of scenarios for yourself. Would love to see you do some "thinking out loud" pretending like you were just starting with the software and thinking about your retirement. What scenarios would you model, show us how, let us hear your thoughts. That's the gold. You could do a series on this. Thanks a ton for your willingness to help all of us be informed and not just guessing. That's the real power!
I love it. I’m thinking a series every Saturday reviewing a real viewer’s numbers. Expect it👍👍👍
@@joekuhnlovesretirement is there a way to share my numbers with you Joe? I'm in my late 40s, public school teacher trying to get a sense of my retirement in about 10-15 years.
Great video Joe. Really takes it to the next level and shows us the “how to.” I would not pressure yourself to rush through these because people are commenting the video is too long - easy fix for the viewer is to adjust playback speed to 1.5x or even 2x if we are in a rush. I do it all the time. Turns a 15-min video into 7.5 mins. No problem.
There is a great chance you are giving me an earlier retirment. Great stuff. I modified my expenses similiar to what you did. Got another good insight into the future. Thank you!
That is awesome!
Boldin has been a game changer for me. I was able to retire in my early 50's and the software gave me confidence. There are other products out there but this one seems to go to a decent depth with flexibility and they keep listening to customers and making good evolutions. The one-click Roth and SS updates are a huge timesaver when running scenarios. Keep up the great content Joe!
Joe, Boldin revealed that I can retire COMFORTABLY three years sooner than I thought. (And that, if layoffs strike, I can survive retiring two years sooner than that!) Between TH-cam channels like yours and Boldin, my plan has really come together. Thanks!
Excellent!🎉🎉🎉🎉🎉🎉🎉
Joe,after Everley, I am your biggest fan. I appreciate your work. Once I began to use Boldin, it was showing me the reality of an earlier retirement.
Thanks for recommending Boldin! I signed up a few months ago and it is a game changer! I will definitely retire with more confidence because of your channel!
Fantastic!
Good stuff Joe. Recently turned 58 and I purchased this software a few months ago and all signs point to an early retirement if I so chose. That and helping our adult kids ( 31/24) now when we can enjoy / make an even more meaningful impact in their lives!
Congratulations
Joe, I’m 45 and using the free version of Boldin. It’s excellent and thank you for the review. I just went in and made your recommended adjustments in my own profile. IMO, the free version should be taught in high school--that’s how good it is.
Where did you get the free version?
Glad it was helpful!
Go to the website and register with your email and a password
Hi Joe, I pulled the trigger and my last day was 11/8 after 30 years on the job. I'm 54. Boldin and your videos gave me the confidence to do it. I'm positive I would have stated in the 'one more year' camp otherwise. Feeling good about it and adjusting to retired life. I may do a little part time work but it will be on my own terms, and something low stress :)
Nice work!
Why do you "only" have 63k followers? In a TH-cam saturated with people who come across as somewhere between gaming the algorithm and outright scams, you continue to bring genuine quality content.
Thanks for sharing. I’ll just keep putting out content
So need this for a UK setup. Shame they don’t do it. I’d buy it tomorrow … or today even ! Thanks Joe
Hi Joe. I love Boldin. Where I feel I'm lacking is understanding the withdrawal side of things. How much to pull from where and when. Can you cover that in a video? Thanks and happy Thanksgiving!
Great case study to showcase Boldin
I love walk throughs. I don't mind the length of videos. Some small notes: When establishing the plan for a couple, going over expected lifetimes would be good. I would keep my baseline as is, and copy to a new scenario before applying changes. That way I can side by side compare. Maybe you can poll to see if people want a model that starts 401k at $500k / $700k / $1 mil / $2 mil / $3 mil. I suspect your viewers have higher starting balances than median.
I’ll planning a new series of reviewing someone’s plan in bolden each week
That will be great. Can you focus one on selling real estate, renting for a year, while building a home 😂
@@shellycogguillo7478 maybe try turning each event into a money flow. The sell could be a lump sum received, renting an expense that last for a year. For the new home factor property tax and insurance into your monthly expenses and purchase as a one time expense.
Awesome video ! I saved it for future use
Great exercise! Your retirement plan is only as good as the accuracy of your inputs and how realistic your assumptions are on rates of return, inflation, social security, taxes, expenses, etc. You can make any plan a winner or a loser by unrealistically tweaking those inputs.
Using anything other than historical averages is no different than random guessing and will likely hurt you more than helping. You’ll either end up way too conservative or way too aggressive. You’re much better off sticking with historical averages and planning for flexible spending that adapts to any market conditions instead.
I agree
Joe, if you show zero net income before age 65 don't you run the risk of not being able to get an ACA plan with subsidy, since you would then qualify for Medicaid.
Quick question, if I may? If you End and Start an income/expense on the same month, wouldn't it double-count that line item for that month? I acknowledge that this ignores the overall point to a large degree and is unlikely to move the needle by even a % pt. in most cases.
I believe you’re right
@@joekuhnlovesretirement Thank you. Appreciate the content, and like these walk-throughs in Boldin.
Quick Boldin question: since you have been doing this for a while, after you go thru a year of retirement (or whatever time length you like), do you change the baseline scenario to keep the death date the same, reduce the length by 1 year, and adjust any account balances to mimic what really happened in the previous time period? And then see what it says?
If so, can you somehow save the original 30-year baseline plan and see what got tweaked, like Roth Conversions? I really like the data plots in the Boldin software but wasn't sure if you could compare previous baselines that have different durations.
I just started the 14-day free trial so I haven't found all the buttons. Maybe you can download the original baseline data into Excel & track it that way. Thanks!
Boldin automatically advances everything by one year. You do nothing but ensure your assets are updated. You can save something like 5 scenarios on the web, but you can print out a PDF report each year to track changes. I know people that do this -- Including me.
Joe, can you make a video explaining how you make your estimated tax payments each year in retirement?
Good one. Look for it
@@joekuhnlovesretirement Thanks Joe!
How do you use this in "retirement mode" when you are maintaining and already retired? Do you update your numbers for your income yearly? Are there integrations to your accounts for real-time numbers? I can see how it works at forecasting, how about maintenance?
I update with real numbers each quarter. Stress test ( make it fail). This gives me great confidence to spend
Great content! I noticed that for long-term care in this example you have it set to will never require any kind of long term care, is is that recommended?
Depends. I was thinking home equity could take care of it. Or remaining assets.
I believe that many of us can/will hold our home equity as long-term care reserve. If it isn’t needed, our wills/trust can specify how the home can be sold for charity or our heirs.
We need a code to get boldin cheaper! You should try and get them to give you a savings code!
Right now you can get it for $96 instead of $120. Deal good thru Nov 30. 2025.
I just signed up for the 14-day trial since the free version has alot of the features I want, like Roth Conversions, are turned off.
@@stevesinger4066 Thanks! That deal was not there last time I checked! Thanks for bringing it to my attention!!
Hi Joe, I didn’t see a long term care expense accounted for in this video. What is your assumption around long term care?
I chose to leave out to simply. 20 minutes is on long side. But I would propose home equity and remaining assets. Boldin makes it easy.
@@joekuhnlovesretirement Thank you, sir!
Joe, if Joe in your example is able to retire four years earlier, the reality is that he must have a bucket one(brokerage or savings) of liquid assets to carry him to 59 1/2 unless he utilizes the rule of 55 so he can pull from his current employers 401K, correct? I’m currently 55 with considerably more than your example couple in my retirement accounts, however I can’t retire yet for that very reason. I don’t have enough liquid assets to carry me until 59 1/2.
In example he was 60 currently
@@joekuhnlovesretirement OK, you’re right. My mistake. But you do agree that if you retire before 59 1/2 that having a bucket of liquid assets to bridge the gap is critical, yes? I would love to see a video on the rule of 55 and other ways that you were able to build up your liquid assets and able to retire at 54. I think a lot of people have retirement accounts with rosey outcomes, however they do not have enough liquid assets to bridge the gap until 59 1/2. Unfortunately, I didn’t start watching your videos till a couple of years ago and had never heard of a bucket one brokerage account. I have one now and I am furiously trying to grow that asset so we can retire at least a year or two earlier.
I agree with your assumption. I didn't really think of it years ago but in addition to taking advantage of companies 401K, I also kept an Ameritrade account that I put extra side money into over the years buying/ selling on my own. Also built up my bank savings account the last four years. Turns out I was doing what your getting into all along and didn't realize it. With this year turning 55, I may be trying out that rule of 55 no penalty thing before long.
Truly amazes me someone can spend $6500 a month with no debt. To each their own tho.
What happened to New Retirement? Or is this just a name change?
Just a name change
Name change
Im trying to use the free Boldin. It automatically assumes that you receive social security.Which my job does not?Allow me to take my pension and social security because teachers don't pay into social security. How do I make it delete that section?
The free version for 2 weeks is limited. It lets you see format and reports
Why is this sample and others on y/t always using high income white collar numbers? Why not show examples under 250K or 100K portfolio blue collar earners? Show how they can make enough to be comfortable.
I use examples people share with me
First