How I Make Money on YouTube

How I Make Money on YouTube | Live Q&A

Рет қаралды 13,764

Күн бұрын

First I'll talk about how I make money on KZfaq, then we'll turn to your questions.
You can submit questions with this form: docs.google.com/forms/d/12o8t...
Timestamps
0:00 - Welcome to the Financial Freedom Show!
1:41 - How I Make Money on KZfaq
10:19 - Never run out of money
15:46 - Financial planning
22:50 - Converting Vanguard mutual funds to etfs
24:47 - Transitioning to retirement question
29:12 - Over saved for retirement
34:16 - Evergreen Liquid Treasuries
36:26 - How much to leave in the market
42:08 - CAPE Withdrawal Strategy
47:34 - Rob Berger merch
48:59 - Separately managed accounts
54:32 - Moving traditional 401K to traditional IRA
56:11 - Seeking outside counsel
57:18 - RMD tax bomb
1:00:46 - IHAK and SMH
1:06:23 - Home equity line of credit
1:08:02 - The election
1:12:59 - Setting aside cash
1:17:26 - New Retirement 4% Rule
1:24:03 - Chess puzzle
1:28:32 - Advice for 26 year old
1:33:20 - Trouble finding the newsletter sign up
1:35:50 - Announcements/Financial Freedom
Join the Newsletter. It's Free:
robberger.com/newsletter/?utm...
Financial tools I use:
I track all of my investments, performance, fees, and asset allocation with Empower. It's Free:
robberger.com/empower
My retirement plan comes from New Retirement, the most robust retirement planner available at a reasonable cost:
robberger.com/new-retirement
I used Capitalize for my last 401(k) rollover. They did all of the work, and it's Free:
robberger.com/capitalize
My budgeting tool of choice is Tiller. It downloads all your banking data to Excel or Google Sheets:
robberger.com/tiller
We save and invest our credit card rewards. Here are some of my favorite credit cards:
www.allcards.com/best-credit-...
My Book (Retire Before Mom and Dad):
amzn.to/4d9qbhA
#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)
LET'S CONNECT
KZfaq: / @rob_berger
Facebook: / financialfreedomguy
Twitter: / robert_a_berger
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.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.

Пікірлер: 31

@MikeSellersGA 13 күн бұрын

T-shirt that says “Berger & FI”

@gmoeteeman7660 13 күн бұрын

I would definately subscribe to a course on New Retirement. Hope that comes to fruition.

@jefft9729 7 күн бұрын

Great channel with fabulous information. Just curious as to what “a small amount” from an affiliate is (ballpark estimate). Thanks

@lovethomassowell 13 күн бұрын

Love the retirement planning course and would buy it

@user-vs3jj5wn3y 9 күн бұрын

When to take SocSec: What most don't consider is that if taking it at 62 means those $$ remain in your ira to grow, at a mere 5% avg annual return, your break even point isn't until your 90s. Given SS is probably going to be cut in some form in 2033, I'll take the bird in the hand and take it at 62.

@geoffgordon9569 13 күн бұрын

Course sounds like a newest edition of a Suze Orman book.

@vaughnmcguire5214 8 күн бұрын

New Retirement course sounds fantastic

@jefftheobald6367 8 күн бұрын

That course sounds great! I would consider buying it, depending on $$.

@maximumoverload5134 5 күн бұрын

I'd take the course, if it is free, for those financially strapped on a limited budget in retirement !

@rickdunn3883 12 күн бұрын

@Rob Berger yes I would likely take the New Retirement course.

@janethunt4037 12 күн бұрын

Thanks for clarifying how NR makes certain assumptions automatically.

@geoffgordon9569 13 күн бұрын

TP with Michigan logo.

@DCLifeObserved 12 күн бұрын

Thank you, Rob. You are one of the few KZfaqrs that I follow who doesn't have a Super Thanks button, or Super Chat sticker purchase options. Have you considered either of those? Anywho, I'm three years into retirement, and still don't spend enough time reviewing finances (dealing with numbers makes my eyes glaze over). I did sign up for the service with Mark Zoril, for which I thank you.

@last9up 4 сағат бұрын

I was the same way with my finances. But I started small, looking at what I didn't understand and learning what it all means. I pour a cup of coffee and just slowly go through the numbers for 30 minutes on Saturday and Sunday mornings. Finances are a long term goal, so slow and steady is enough. Just take your time but slowly get into the rhythm.

@vinyl1Earthlink 13 күн бұрын

Sorry I missed the live, Rob, as I had to run the investment club meeting. I just stopped in to see what you had to say about KZfaq. There is one other way to make money on KZfaq, although not for this channel. The picker and storage unit clean-out videos often have a fair number of viewer sales on their sales platforms - yes, you can watch some guy get something at a garage sale for $3, and then bid on it in a live auction.

@cynthiaenright3938 8 күн бұрын

I would buy into the course as well.

@johnpawlak7484 7 күн бұрын

Kathy should read Die With Zero because even though your money grows it is worth less to you.

@benbobbitt5396 12 күн бұрын

I’m curious how you go about estimating / projecting future returns for the purpose of retirement planning? I realize it’s just educated guesswork, but can you share with us what you use in your new retirement estimations (based on asset type of course)?

@user-vs3jj5wn3y 10 күн бұрын

TBH, I've always (for nearly 20 years now) projected a relatively conservative return of 6%. While there have been ups & downs over the years, when I look at what I projected to have now in 2024, back in 2006, it's almost spot on, and I've actually averaged closer to about 7.5%. I've ranged from minus-18% to 24% over the years. I believe my approach has served me very well *long* term. Kept it simple, but not overly aggressive or unrealistically optimistic either. I went part-time in 2022 after trying to retire and fully retired beginning of 2024. The occasional ups & downs weren't always fun (well, the ups were lol, but I didn't over-count on them), but the slow & steady seems to have won the race. I'm 59 fyi. Best to you.

@tconnely6437 11 күн бұрын

See you

@dale5710 2 күн бұрын

Her SSI will not equal yours at 70. It stops at your value at 67- PIA.

@7474h 13 күн бұрын

Audio video is good 👍

@iLuvpizza418 12 күн бұрын

Rob, yes, you should do a course on NewRetirement. I subscribed to them (NR) based on your videos and information.

@doug1103 13 күн бұрын

Hear you

@michaeloravecz5752 13 күн бұрын

When you die, your spouse gets the amount that you would get at your full retirement age. Unfortunately, your spouse does not get the benefit of higher amounts that you get by delaying to 70. Update: This is not correct based on SSA POMS (Program Operations Manual System) documents. Also, see replies.

@gabeworley6050 11 күн бұрын

I believe Rob is right on this. I think you are confusing spousal benefit rules with death benefit rules

@michaeloravecz5752 11 күн бұрын

@@gabeworley6050 Happily it seems you're correct, and I'm wrong.

@user-vs3jj5wn3y 10 күн бұрын

My father-in-law took SS at age 70. He recently passed at age 84. My mother-in-law's death benefit got scaled back not to what his age-70 benefit was, but his age 67 calculation. Did SS gyp her? Should she protest & file for back payments? I've read so much conflicting info on spousal and death benefit. Thanks, I'll also look up the SS dot gov site, though their verbiage is so often ambiguous and conflicting unless one parses every word hyper-precisely.

@johncrissey3496 13 күн бұрын

Love the course idea! Putting some structure around all his would make it easier and more fun.

@golfinginthailand 13 күн бұрын

New Retirement is not Canadian friendly. I would not buy it.

@donwhittaker5899 12 күн бұрын

Sign me up for the New Retirememt course. I already use it, but I'd love to get better at it. No doubt you have many tricks, tips, and traps to share with us!