Timothy Sumer

How do you invest in the S&P 500? In order to invest in the S&P 500, you will need to pick a broker, open an account, find the fund, transfer money, and purchase the fund. I will go into depth on how you should go about selecting what broker to choose, what fund to choose, and how to invest in the S&p 500 going forward. I also have some tips on how you should consider broadening your investment strategy. ************************************************************ All Of My Favorite Financial Resources: How I Track My Personal Finances: Investment Platform That I Use: My Favorite Calculator For Financial Independence: Software I Use To File My Taxes: Products I Buy To Save Money: Get Personalized Consulting From Me: ************************************************************ #indexfunds #sp500 #Investing ************************************************************ Timestamps: 0:00 Introduction 0:38 How the S&P 500 can make you rich 1:29 Step

🌟 Episode 1: Financial Freedom Unleashed 🌟 🔥 Overview 🔥 Unlock the doors to financial independence and early retirement as we delve into the principles of FIRE (Financial Independence, Retire Early), investment strategies, mindful spending, and the psychological intricacies of financial freedom. Whether you're just starting your journey or are well on your way, this episode offers a comprehensive guide to achieving a life unbound by financial constraints. Detailed TimeStamps In Every Live Stream Segment Video! 🚀 4:43 - Segment 1: The Journey to Financial Independence: A Critical Look at Early Retirement 🚀 Is early retirement the ultimate goal, or is it a path fraught with unforeseen challenges? We ignite a thought-provoking conversation that explores the allure and potential pitfalls of the FIRE movement. Hear stories from those who've thrived and those who've faced obstacles, and gain insights into the complexities of retiring early in today's econom

Author and financial blogger JL Collins brings his refreshingly unique and approachable take on investing to Google. The author of "The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life", JL offers easy-to-understand, effective tips and resources to understand investing with confidence. In this interview with Googler Rachel Smith, JL Collins discusses money and investing, including: how to think about money and investing to build wealth, how to avoid debt, how to simplify the world of 401(k), 403(b), TSP, IRA and Roth accounts, TRFs (Target Retirement Funds), HSAs (Health Savings Accounts) and RMDs (Required Minimum Distributions). He also talks about what the stock market really is and how it really works, How to invest in a raging bull, or bear, market, and specific investments to implement financial strategies. Learn more at jlcollinsnh.com or get the book here: Moderated by Rachel Smith.... ( read more ) LE

Do you have a withdrawal strategy that optimizes saving on taxes for your retirement? Are you acutely aware of your tax situation in the 8 essential tax years we discuss in this video? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to Making retirement tax decisions is difficult. There are a number of factors we have to weigh. Many retirees enter retirement thinking their tax liability will go down significantly. And this is only partially true... There will be times in retirement where you're actually paying a higher tax rate on the income you are taking than you ever did while you were working. In this video today, we show why and discuss the 8 most important tax years you need to be looking at in your retirement to make better tax decisions. #RetirementIncomePlanning #WithdrawalStrategy #MinimizeRMDs - - - - - - - - - - - - - - - - - - Always

Lets discuss and review Acorns Investment App, go over all of its features, and whether or not it’s actually a good value - Enjoy! Add me on Instagram: GPStephan Sign up for Acorns and get $5: The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: $100 OFF WITH CODE 100OFF Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1000): My ENTIRE Camera and Recording Equipment: What is Acorns? The basic premise is that they’re an app that helps automate your investing. And their most notable feature, in my opinion, would be their “round up” feature - this lets you invest the spare change from what you spend, and you can just “round up” every single purchase to the nearest dollar to invest the difference. They also give you the option to setup recurring investments on a daily, weekly, or monthly basis… again, th

▸▸▸Enroll in our 365 Days to F.I.R.E. Program! - Enrollment is now open for our class of 2024, 365 Days to F.I.R.E. program! As part of the program, you will get to attend our 2024 meetups in Portugal (with more than 500 people attending the meetups this year!), get assigned daily FIRE tasks to complete, participate in live monthly Q&A sessions with us, be broken into smaller accountability groups with other people in the program, attend quarterly book club meetings, get personal coaching from us (for those in the coaching plan) . . . and more!!! Enroll today! ▸▸▸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

Do you want to be in the 1% of people who know a better withdrawal strategy in retirement? Vanguard's research has shown that this strategy can increase income withdrawals and the end value of your pot compared to conventional withdrawal methods... ⏰ TIMESTAMPS ⏰ 0:00 Start 1:39 The Two Most Common Methods, and Why They Fail 4:02 Dynamic Spending and How It Works 5:43 Vanguard's Dynamic Spending Research Findings 10:46 How To Apply Dynamic Spending Yourself 📈 WANT TO CREATE YOUR OWN CASH FLOW MODEL? 📈 You can now access my courses to unlock the power of cash flow modelling. For more info visit: 🎬 WATCH NEXT - HOW MUCH WILL MY PENSION PAY ME? (EXPLAINS MONTE CARLO ANALYSIS) 🎬 ✅ ABOUT DYNAMIC SPENDING ✅ Most people use one of two withdrawal strategies in retirement, but both can carry risks... The well known 4% rule is an example of a 'pound plus inflation' withdrawal strategy, which can lead to a higher chance of your money running out duri

Assets test is one of the requirements for Age Pension. This video explains what assets test is, how it works, and asset types with examples. Also, find out if your home is an asset, and how your super impacts the assets test. 🦋 UPDATE!! Numbers in the video are from June 2019. For the updated numbers please follow the link below to the article on our website. 🦋 ASSETS TEST ARTICLE ▪️ 🦋 RECOMMENDED VIDEOS FOR YOU ▪️ Age pension Australia - The easy guide ▪️ Retirement costs of living in Australia ▪️ 5 Biggest retirement mistakes! 🦋 USEFUL LINKS MENTIONED IN THE VIDEO ▪️ Government ▪️ Age Pension age ▪️ Granny flat rules: ▪️ Financial Investment ▪️ Excluded assets ▪️ Social security guide 🦋 CONNECT WITH US ▪️ YouTube ▪️ Website ▪️ Facebook 🦋 DISCLAIMER The information contained in this video is factual only. It is not financial or other advice of any type. You should consult a professional financial or retir

Courtney Luke teaches you how to buy real estate with a self-directed IRA Episode 2412: How To Buy Real Estate With A Self-Directed IRA by Courtney Luke of Arrest Your Debt Arrest Your Debt is a wide-ranging personal finance website, yet focuses on helping first responders and people struggling with debt. The owners, Courtney and Ryan Luke have made it their mission to help people get out of debt and start building wealth on any income. There are three main areas of focus for Arrest Your Debt: 1. To provide trustworthy personal finance information to first responders. 2. To help first responders take control of their money and get out of debt. And 3. To provide valuable resources and references to first responders to help them grow their nest eggs and enjoy the retirement they deserve. Since 2009 when they started their journey toward financial literacy, they’ve been featured on MarketWatch, Forbes, Fox Business, Experian, MSN, Ladders, and USA Today The original post is

***Lively has started charging $24 or forces you to hold a minimum of $3,000 in their HSA. Due to this change, I do NOT recommend them any longer. Please do not use this company. A Fidelity HSA is currently free at this time*** An HSA (Health Savings Account) is one of the best investments you could ever make. This is especially true for anyone pursuing Financial Independence Retire Early. The HSA gives you the chance to invest your money tax-free, let your money grow tax-free, and you can even withdraw your money tax-free. In this video, I'll show you how to turn your HSA (Health Savings Account) into one of the best retirement accounts you've ever had. Car Hacking Strategy To Get Free Cars FOREVER: The Best Bash Back Credit Cards: Accepted medical expenses: Check Out My Recommendations (It helps support the channel): 🔥 M1 FINANCE Investing- Free $10 (once you deposit at least $100 within 30 days) Here's a video on how to use M1 Finance 📝 Empower (

If you're interested in a self-directed IRA, but are hesitant, then finding a middle ground between full autonomy and professional guidance might be a good way to go. It doesn’t have to be all or nothing. Some individuals choose to keep a portion of their retirement savings with a traditional brokerage firm while allocating another portion to a self-directed IRA. This way, they can enjoy the benefits of diversification while still having access to professional advice. #shorts #selfdirectedira #ira #retirementsavings... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA A Self-Directed IRA Hybrid Strategy is a unique investment approach that combines the benefits of a self-directed individual retirement account (IRA) with a hybrid investment strategy. This innovative strategy allows individuals to have more control over their retirement fu

This video discusses why, for many people, paying off their mortgage early does not make sense in today’s economic environment. FREE Retirement Ready Checklist: Holy Schmidt Book Club: Important Links: Follow Me on Instagram: Geoff's Facebook Page Federal Reserve Board Survey of Consumer Finances: Social Security Administration Application for Benefits Current Social Security Cost of Living Adjustment Social Security Payment Estimator THE CHANNEL’S MOST POPULAR VIDEOS Should You Take Social Security at Age 62 and Invest it? 7 GOOD REASONS to File for Social Security Benefits at Age 62 Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!? The BEST AGE to File for Social Security Retirement Benefits 3 Social Security "Little Known Facts" That Are REALLY Important Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional

McCloud Judgement | Public Sector Pension Changes What is the McCloud Judgement? If you are a Public Sector Worker and you are enrolled in your Workplace Pension, chances are you have heard of the McCloud Judgement. But what is it and how will it affect you? The McCloud Judgement affects, individuals who are a a Public Sector Worker and are enrolled in their Workplace Pension. Examples include - NHS Pension - Teachers Pension - Civil Service Pension - Police Pension - Firefighters Pension - Armed Forces Pension etc. Chapter Information (McCloud Judgement | Public Sector Pension Changes): 0:00 Introduction 0:29 Who does it affect? 0:54 The Legacy Pension 2:16 What Happened? 3:55 2015 Reform 4:29 The Problem 5:33 The McCloud Judgement 6:23 The Governments Reaction 8:37 Why 31st March 2022? 9:35 The McCloud Judgement FAQs 🔹 Commons Library - Research Briefings : DISCLAIMER - Any advice or (statements perceived to be advice) given in this video and any other videos