How to Invest as You Near Retirement [Rate my Portfolio Series]
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- เผยแพร่เมื่อ 5 ต.ค. 2024
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In this video we look at a portfolio of a viewer who is 10 years from retirement. Her advisor has her invested in a 50/50 portfolio. We'll look at the "Smart Sector" and Momentum ETFs she has, consider the impact of the 50 basis point fee, and examine whether a 50/50 portfolio makes sense.
Tools Used in this Video
Personal Capital: go.robberger.c...
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Morningstar: robberger.com/...
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#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 (amzn.to/3by10EE)
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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.
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What a great video *Rob Berger* 🤝
I’m 54 my wife 45 and we are retired living my best life now with my partner in Springfield.we gathered over $5 million for retirement, saving and investing as been our biggest success and made it possible for us this early. I’ve just stumbled upon this channel,much ❤️ love .
☎️ *➕❶❺❻❷❺❶❼❼❻❶❸*
@@avaspears1461 Vir gi n ia_m a y001
@@oliviamcintyre7315 you are funny 😄 , you’re free to message her everyone is free to message virginiamaywynne ,it for your own benefit.
First, thank you Rob for excellent content, your channel is much better than the view and like counts make it appear, I would say easy worth 100x more. I have stumbled upon your channel only about a week ago and have since watched a few videos. About 90% of what you say matches my understanding from prior learning, which doesn't mean the other 10% is incorrect, it is either new ways of presenting an idea or a differently placed accent around the same tenet. I appreciate the openness, candor, and easy going narrative style. Don't change that! I appreciate that you are honest about your credentials and don't necessarily present yourself as an investment 'pro' or 'expert', you simply say what you've done and let that be, so viewers can draw their conclusions. I also like that most of your advice is given from a position of independent investor, almost a fiduciary, but with even less profit motive than a CFP - the videos are free to watch and learn. Please continue in the same spirit.
I have one question, and apologies in advance if you address it elsewhere in your videos. Do you recommend consolidating all securities investments with a single inv-t account provider (e.g. Merrill, etc) or is it fine to maintain accounts with different providers? I have a few accounts which I opened as a way to compare and contrast and figure out the best platform, but I am finding that different vendors have slightly different strengths and it is tricky to pick the best overall. Or should I try to consolidate into the better one of those? I currently have no problem tracking my investments across different platforms, using Yahoo Finance and personal spreadsheets. What's the best strategy with a 20-30 year horizon? I find problematic consolidating via a 3rd party aggregator like Personal Capital or the like that require cross-platform data sharing in order to work, for infosec/privacy reasons. Thank you.
It's a great question and one I plan to address as part of a new video. The short answer is I like having more than one brokerage account. It's a bit less convenient, but I'm nervous having all of my investments at one place, primarily due to the risk of a hack.
Love your content. Keep doing what you are doing!
Thank you so much for rating my portfolio. You have given me so much food for thought. Appears I am going to have to ask a number of questions to my advisor and possibly have no advisor at all
Thank you so much for this - it is exactly what I needed to know.
Plus, super grateful for someone who is older than 30 and has a mature, thoughtful demeanor!
Bonds make me squirm at current rates. Furthermore, looking back at them and projecting forward is not only dangerous but wrong.
I still love buckets after your videos. Love your analysis.
Smart sector investment not to outperform but could be better inflation hedge or more recession proof such as food, energy, groceries, especially for seniors
Liked and subscribed too fellow vloggers here
thanks
Thank you ,
One thing you mentioned at the beginning was that the advisor was only managing her Roth? I wonder if they went 50/50 in the Roth while she was heavier in equities within her 401k. I am not sure that asset location strategy makes sense but trying to find an out for this advisor!
Why choose this example portfolio when there is not enough data? Why not find an example portfolio with over 6 months of data? I know this is nit-picking, but it made the video very confusing to me when you started making adjustments. It just messed up the comparison of annualized return for me. It made a simple comparison of 2 portfolios confusing. I still very much like the idea of the video. I am in late 50s like the person who wrote you. I like to see where a simple 2, 3 or 4 self directed etf portfolio compares to a real financial advisor's selected portfolio. I did learn stuff here.
Thanks Rob. I found it helpful to see your combined use of the various analysis tools taken together and their specialized application. Appreciate your fresh perspective and that you are not beholden to any particular interest other than data and the investor. - Bill
@Rob Berger, Like your case analysis that helps to void some potential problems. Would you talk about how to invest and rebalance tax free Roth portfolio that It does not have bonds in it? thanks
Great analysis, Rob. I've been using portfolio visualizer for a long time and I now judge everything against Wellington (VWELX) and/or Fidelity Balanced (FBALX) as benchmarks. When looking holistically like you did here, it's very hard to beat those with anything but much more volatile portfolios, at least on my investment timeline (starting mid-90s). And with the Admiral version of Wellington now (VWENX) and its lower fees, that's where I'm planning to shift everything (except our Roth accounts) over the next few years in preparation for retirement.
The advisor recommends it because they have a vested interest in it. Why else would they recommend it?
Ssus expense ratios is way too high
In your example, would the same advice be applicable if I'm retired, but won't need a bucket of funds for 10-years?
Great question. I'm defining retirement as that point in time when you start spending your investments. Some go from working to 100% reliant on their portfolio. Others ease into retirement with a part-time job or consulting. So there is no one right approach. Having said that, I focus on when I'll start spending my money, not when I quit my job (for most they occur at the same time, but not for everybody).
Thank you!!!
Amazing video
Perhaps for a future Rate my Portfolio Series breakdown - I'm 61 and plan on retiring at 63. I will not be touching money from this portfolio for approximately 4-5 years with a good cash position. 25% VWENX; 35% VTI; 20@ VXUS; 10@ GLD and 10@ ARKK - would love to hear your assessment. Thanks!
Hmmm, this is weird, my last 2 comments disappeared from the video. I guess I will have to rephrase it.
I had the idea of weighing the 10 economic sectors equally and it seems to work alright during grow weather and not as bad as the market during recessions. I wonder if anybody here has considered that distribution.
Schwab’s stock ratings A-F are all momentum related. I follow them fairly carefully for my individual stock holdings