Timothy Sumer

Join the newsletter: How should Social Security, annuities, pensions and other forms of guaranteed income affect our asset allocation during retirement. Some argue that we should treat them like bonds. They offer near guaranteed, stable income, and therefore, they should constitute part of our bond allocation. A better approach, in my opinion, is to simply reduce or annual income requirements be the amount of these guaranteed payments. Then base our asset allocation on any additional income we need to generate from our investments. I walk through both approaches in this video. Resources mentioned in video & some bonus resources Annuity Calculator: Personal Capital (Investment Tracking, retirement planning ): Kitces' article: Bengen article: Kitces' interview: Forbes article on valuing social security: Social Security Valuation Calculator: Investing Tools & Resources 📚 My Book (Retire Before Mom and Dad): 📈 Person...

Had a question from a subscriber about the taxes he'll owe on his three sources of retirement income: TSP distributions, Social Security and his USPS pension. So, I figured it'd be fun to go over this step by step. Weird, no? Before we get started though Let me ask you my friends, if you are in a 22% tax bracket what would your tax be on a $20,400 TSP Distribution? Did you take your trusty calculator and times $20,400 by .08 as most people do to get $4488? Guess what, that'd be WRONG!!!! That TSP distribution will actually cause you to pay 30% in income taxes, JUST TO THE FEDS and yet you're still knee deep in the 22% tax bracket. HOW CAN THIS BE???? Watch the video and I show you the ugliness that is the US Tax Code. ?... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprote...