Thank you! This kind of integrity is almost unheard of with financial advisors. It's just the nature of the beast. Charlie Munger: Show me the incentive, and I'll show you the outcome.
I always watch until the end of your videos - absolute quality! I'm one who simply doesn't need an advisor. I truly enjoy learning about stocks, tax and estate planning, Roth conversions, etc. I've had two advisors and not only did I pay them 1.25% AUM, they lost me money year after year. I left then several years ago but still track what they had me in. The funds they had me in still haven't recovered from the '22 crash. 🤦♂️🤷🤣 I also have a pension that's inflation protected and pays me $9k (after taxes) each month. My wife will have a pension when she retires and it will pay $2.5k in today's dollars, also inflation protected.
💯! This exactly why we hired Root and love you guys!!!! We got tired of being in the middle among our traditional planner, CPA, and estate planning attorney. Also, your integrity and anti-cookie cutter approach provides much peace of mind! You should link a photo of James flexing. That would be hilarious!😂
I usually never comment on anything. I really love how Ari explains everything. I wish to become a Root's client, but I don't qualify due to the 2M minimum. Hopefully, I will one day be the customer; I hope it is not too late. I hope lower tiers are also added soon.
So does the 4% rule become the 3% rule since the average advisors take 1% AUM as their fee, or do I just give up 25% of my retirement income to pay my advisor?
Ari: I have signed up for your retirement academy, great video's. As I get closer to retirement (1.5 years) looking at right capital software but seems lacking in methods of withdrawal. Lot of new strategies out there rather than just the 4% rule. Would love to see software that models this for me with my portfolio. Anything like that available?
@@earlyretirementari It does appear that only Right Capital advisor (you) accounts have ability to setup "custom" strategies. I do appreciate the ability to test the smile, guardrail and few other strategies. Thanks
Can an advisor add value by optimizing sales in a taxable account? I have a stock plan account with bulk of the positions having capital gains of 80%-95+%, but some more recently acquired lots with capital gains ranging from 5%-25%. I plan to start selling from this account next year to fund retirement as well as for diversification purposes. My plan was to sell the lots with the lowest percentage capital gains first in order free up the most capital for the least taxes. However, that means the further I get into retirement the more capital gains I’ll have to recognize to generate the same amount of cash to live on each year. Is there a better strategy?
@@michellegreen1072 it is individual lots each with a specific purchase date and cost basis traceable to RSU grants vesting and/or ESPP purchases, which of course also have an ordinary income component, but it’s pretty small.
It is true. With the assistance of a financial planner, I was able to diversify my portfolio across many markets, resulting in a net profit of more than $1 million from high dividend yield bonds, ETFs, and equities. It is critical that you have an array of exposures, particularly with established lucrative firms
Thank you! This kind of integrity is almost unheard of with financial advisors. It's just the nature of the beast. Charlie Munger: Show me the incentive, and I'll show you the outcome.
Thank you
I always watch until the end of your videos - absolute quality!
I'm one who simply doesn't need an advisor. I truly enjoy learning about stocks, tax and estate planning, Roth conversions, etc. I've had two advisors and not only did I pay them 1.25% AUM, they lost me money year after year. I left then several years ago but still track what they had me in. The funds they had me in still haven't recovered from the '22 crash. 🤦♂️🤷🤣
I also have a pension that's inflation protected and pays me $9k (after taxes) each month. My wife will have a pension when she retires and it will pay $2.5k in today's dollars, also inflation protected.
Wow! Glad you enjoy :)
Envious of those pensions!
99% of the time I watch your videos until the end.
Thank you, Tim! Everyone loved you on the Live. Like THIS if you remember TIM!!!!
💯! This exactly why we hired Root and love you guys!!!! We got tired of being in the middle among our traditional planner, CPA, and estate planning attorney. Also, your integrity and anti-cookie cutter approach provides much peace of mind! You should link a photo of James flexing. That would be hilarious!😂
Thank you Peter & Pheth! We love you guys!
Love how you’re keeping it real 💯
I usually never comment on anything. I really love how Ari explains everything. I wish to become a Root's client, but I don't qualify due to the 2M minimum. Hopefully, I will one day be the customer; I hope it is not too late. I hope lower tiers are also added soon.
We plan on it!
@@earlyretirementari sign me up already :)
So does the 4% rule become the 3% rule since the average advisors take 1% AUM as their fee, or do I just give up 25% of my retirement income to pay my advisor?
Ari: I have signed up for your retirement academy, great video's. As I get closer to retirement (1.5 years) looking at right capital software but seems lacking in methods of withdrawal. Lot of new strategies out there rather than just the 4% rule. Would love to see software that models this for me with my portfolio. Anything like that available?
Did you review this: www.rightcapital.com/blog/dynamic-retirement-spending-strategies/
@@earlyretirementari It does appear that only Right Capital advisor (you) accounts have ability to setup "custom" strategies. I do appreciate the ability to test the smile, guardrail and few other strategies. Thanks
@@janardan7 I default to inflation adjusted for client’s conservatively and use the smile as well.!
Can an advisor add value by optimizing sales in a taxable account? I have a stock plan account with bulk of the positions having capital gains of 80%-95+%, but some more recently acquired lots with capital gains ranging from 5%-25%. I plan to start selling from this account next year to fund retirement as well as for diversification purposes. My plan was to sell the lots with the lowest percentage capital gains first in order free up the most capital for the least taxes. However, that means the further I get into retirement the more capital gains I’ll have to recognize to generate the same amount of cash to live on each year. Is there a better strategy?
First check to see how they have the cost basis. If it’s not “specific ID”, you may not be able to pick and choose what you will sell.
@@michellegreen1072 it is individual lots each with a specific purchase date and cost basis traceable to RSU grants vesting and/or ESPP purchases, which of course also have an ordinary income component, but it’s pretty small.
Consider financial planning
It is true. With the assistance of a financial planner, I was able to diversify my portfolio across many markets, resulting in a net profit of more than $1 million from high dividend yield bonds, ETFs, and equities. It is critical that you have an array of exposures, particularly with established lucrative firms
@@ms_christinejones Would you mind telling me about your financial planner?
👍🏽💪