Timothy Sumer

▸▸▸Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: Enroll in our new 21 module, 4-plus hour stock market investing course with more than 30 handouts of summary notes, homework assignments, and resources. Learn how to research and select investments, how to determine your asset allocation, how to rebalance your portfolio, how to optimize your investments for tax purposes, how to automate your investments, and much more (including a 19-page Investment Plan to work on)! ▸▸▸Enroll in our FIRE Master Class: This FIRE Master Class is designed for people interested in pursuing financial independence and retiring early. In the Master Class, we explain how to live off of your investments during early retirement; how to withdraw money from your investment accounts to support your living expenses during retirement; how to calculate your FIRE number; new and creative ways that you can save money; new side hustles for making money; how to inv

Like, Comment, and Share my videos! 🔔 SUBSCRIBE HERE 🔔 💯 LET’S CONNECT 💯 📷 Instagram @JakeBroe 👉 🐦 Twitter @Broe_Jake 👉 👇 👇 Watch My Other Videos Here 👇 👇 ★ Backdoor Roth IRA - How Does It Work? ★ Mega Backdoor Roth IRA Explained ★ Have an Old 401k? Should You Rollover to an IRA? You can support my channel by shopping on Amazon! Click the link below and then just buy anything you want! ► ► ► 📷 📷 My YouTube Equipment 📷 📷 ► My Camera 👉 ► My Wide-Angle Lens 👉 ► My Wireless Microphone 👉 ► My Shotgun Microphone 👉 ► My Lighting 👉 ► My Light Diffusers 👉 ► My GorillaPod 👉 ► My Tripod 👉 ► My SD Card 👉 What flag is that? 👉 What is your background? 👉 ================ 📚 📚 Books That Changed My Life 📚 📚 📗 How to Win Friends & Influence People 👉 📕 Dumbing Us Down 👉 📘 Quiet - The Power of Introverts 👉 📙 The Red Queen 👉 📔 Rich Dad Poor Dad 👉 📒 Why Nations Fail 👉 ================ ================ #Rot

You can change your 401(k) investments to something that will bring you more wealth long term. Retirement investing and financial independence start here. Most people don't know this very important fact!! I changed mine from a Target Date Fund to the S&P500 for better results. You want millions when you retire. #401k #compoundinterest #stocks 🚨💰Join Robinhood with this link & we'll both get a free stock like Apple or Tesla! 🤝 *All content on my YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice or investment advice. Please be safe and seek out guidance of professionally trained and licensed individuals before making any decisions. DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide yo

In this video I go over my plan to access retirement accounts early in FIRE. The plan to access these accounts tax free and also pay no penalty. The trick is to have a low ordinary income (earned) income. If you're single, you want to keep your ordinary income below $12,400. Ideally you would want to allow for as much conversion as you can without going over the standard deduction. If you're married, then it's double that at $24,800. You convert this amount and pop it into a brokerage retirement account at Vanguard, Schwab, Fidelity.  Invest the capital in the account in your favorite investment and let it sit there for 5 years. Do this each year building up a chunk converted. Each chunk converted will need to meet the 5 year holding period before it can be pulled out tax free, penalty free before 59 1/2. In most cases, you would want to draw down the traditional retirement accounts to ZERO if you can before the RMD (Required minimum distributions

▸▸▸Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: Enroll in our new 21 module, 4-plus hour stock market investing course with more than 30 handouts of summary notes, homework assignments, and resources. Learn how to research and select investments, how to determine your asset allocation, how to rebalance your portfolio, how to optimize your investments for tax purposes, how to automate your investments, and much more (including a 19-page Investment Plan to work on)! ▸▸▸Enroll in our FIRE Master Class: This FIRE Master Class is designed for people interested in pursuing financial independence and retiring early. In the Master Class, we explain how to live off of your investments during early retirement; how to withdraw money from your investment accounts to support your living expenses during retirement; how to calculate your FIRE number; new and creative ways that you can save money; new side hustles for making money; how to inv