54 min listen
Episode 132: YouTube Live Q&A (Part 3)
ratings:
Length:
35 minutes
Released:
Jun 25, 2024
Format:
Podcast episode
Description
In this conversation, Alex Murguia and Wade Pfau discuss various topics related to retirement planning, including glide paths, asset allocation, index funds, and tax planning. They address questions about implementing a rising equity glide path, asset allocation across different types of accounts, the performance of index funds, and the availability of withdrawal strategy software for retirees. They also touch on the topic of Medicare and HSA contributions. Overall, the conversation provides valuable insights into retirement planning strategies and considerations.
Takeaways
Implementing a glide path for retirement asset allocation depends on individual circumstances and goals, and there is no one-size-fits-all approach.
When considering asset allocation across different types of accounts, it is generally recommended to place tax-efficient assets in taxable accounts and tax-inefficient assets in tax-deferred accounts.
Index funds generally reflect the performance of the stocks in the index they follow, and their daily performance is based on the weighted average of the proportion of each stock in the index.
Withdrawal strategy software packages for retirees are primarily available to investment advisors and may not be easily accessible to individual consumers.
Individuals who work for employers with more than 20 employees can delay applying for Medicare after age 65 to continue contributing to their HSA accounts, but it is important to consult with HR and understand the implications of signing up for Medicare.
Chapters
00:00 Episode 131 Starts
01:29 Asset Allocation and Glide Paths in Retirement
04:07 Understanding Index Fund Performance
07:10 The Drawbacks of Equal-Weighted Indices
10:47 Tax-Efficient Asset Location
21:46 Limitations of Withdrawal Strategy Software
28:00 Managing Medicare and HSA Contributions
32:33 The Value of Professional Advice in Retirement Planning
Links
The Retirement Planning Guidebook: 2nd Edition has just been updated for 2024! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/
This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/retirement-income-planning-llm/ to download McLean’s free eBook, “Retirement Income Planning”
Released:
Jun 25, 2024
Format:
Podcast episode
Titles in the series (96)
Episode 40: The ABCs of the Medicare Open Enrollment Period: Wade and Alex discuss the foundational decisions that you need to consider as you are in the thick of the Medicare Open Enrollment Period. Is it worth reviewing this decision on a yearly basis? Is there a better choice if you plan on living in multip... by Retire With Style