The Rob Berger Show

There are two different 5-year rules for Roth IRA accounts. One applies to Roth IRA accounts and determines, in part, whether the withdrawal of earnings is subject to income tax. The second applies to Roth IRA conversions and determines whether a withdrawal will trigger the 10% penalty tax. In this video we walk through both 5-year rules. We'll cover what they are, how they work, and what it...

Join the newsletter: https://robberger.com/newsletter/?utm... ———————————— Timestamps ———————————— 0:00 - Welcome to the Financial Freedom Show! 0:30 - Roth Conversions 15:13 - Reverse mortgage 16:24 - Is there a minimum where Roth Conversion doesn't make sense? 18:04 - BUFOX 21:47 - 11 stocks 25:26 - Thoughts on investing for college/529 Ohio/VTEP 27:05 - Defined Benefit Pension Plan 31:29 -...

TIPS vs I Bonds--What's the Best Way to Hedge Against Inflation? TIPS (Treasury Inflation Protected Securities) and I Bonds both protect investors against unexpected inflation. Both bonds are also issued by the U.S. Government and are exempt from state and local taxes. Bu that's about where the similarities end. There are key differences between TIPS and I Bonds that investors should kno...

You'll often hear the phrase VOO and chill or sometimes VTI and chill. VOO is the ticker to Vanguard's S&P 500 index ETF (VTI is Vanguards total U.S. market ETF). The idea is to invest all of your money in the S&P 500 (or perhaps the total U.S. market) and just relax. After my video showing my 2021 portfolio tracked the performance of the S&P 500 (more or less), many asked wh...

A viewer recently asked me if he was able to retire in two years. He provided his investment balances, projected expenses, and pension income. In this video we'll evaluate his situation to determine if he can retire. To determine if you can retire, it's important to evaluate both your expenses and income in retirement. This can be challenging for several reasons: 1. Expenses are at best...

VOO vs. VTI--S&P 500 Index versus Total Stock Market Index Fund.  Morningstar Series: https://www.youtube.com/watch?v=qRfRq... 3-Fund Portfolio: https://robberger.com/go/3-fund-portf...

Dave Ramsey is perhaps best known for his baby steps and helping countless people get out of debt. Among low cost index fund investors, he's also known as recommending expensive mutual funds with front loaded sales charges. While fees are important, what matters even more is after-fee returns. And that raises an important question-- Does Dave Ramsey's approach to investing outperform a p...

Opening an IRA account is an important step towards saving for retirement. The best IRA accounts have low fees, a wide array of investment options and tools that make investing easy.  My analysis stems from holding accounts at each of the brokers on the list, with the exception of Ally Invest. I’ve had a Rollover IRA, Roth IRA, Traditional IRA, SEP IRA or an Inherited IRA at Wealthfront, Vanguard,...

In this interview with Christine Benz, Director of Personal Finance at Morningstar, we cover several timely topics including inflation, stimulus, the 4% rule and the bucket strategy of retirement spending.

Index funds like an S&P 500 index fund will underperform other investments each and every year. It will underperform countless stocks and even other actively managed ETFs and mutual funds. To build wealth, you have to be willing to accept that other investors will outperform your portfolio each and every year. The good news is that you'll likely outperform them every decade.

A three fund portfolio is a simple approach to investing that, as the name suggests, involves just three mutual funds or exchange-traded funds. In just three funds, an investor can build a diversified, low cost portfolio that's easy to manage. Popularized by the Bogleheads, the three fund portfolio is one of several "Lazy Portfolios."  You don't let the Simplicity fool you. A t...

We interview Steve Chen, founder of New Retirement. His company has developed a robust retirement planning tool that can help you model your finances in retirement.

An update on how I'm saving and investing all of the cash back rewards earned from credit cards. I'll show you my M1 Finance account, how I'm investing the rewards, and how those investments are performing.

The first in a series of videos walking you through how to invest with confidence. We'll cover everything from when you should start investing to how much you should invest. The series will cover how to juggle multiple financial goals, such as getting out of debt, saving for an emergency, and buying a home. Then we'll cover how much you should invest to meet your goals.  The series will...

How to invest and manage your money during COVID-19. In this video we cover the following: --Emergency fund --The Money Audit --Is now a "buying opportunity" in stocks? --The importance of diversification --Bond allocation (TIPS and Treasury bonds) --Charitable giving TOOLS & BOOKS I LOVE My Book (of course): https://amzn.to/3by10EE Personal Capital: http://go.robberger.com/PersonalC...

Should you pay off all your non-mortgage debt before you begin investing? It's an approach popularized by Dave Ramsey. It's also one of the worst financial decisions you can make. In this video that's part of the Invest with Confidence series, you'll learn why. Credit Card Payoff calculator: https://www.allcards.com/credit-card-payoff-calculator/ TOOLS & BOOKS I LOVE My Boo...

History tells us how and why bear markets are an investor’s best friend. In this video, we walk through the numbers of the 2008 bear market to see what investors should do during a market decline. TOOLS & BOOKS I LOVE My Book (of course): https://amzn.to/3by10EE Personal Capital: http://go.robberger.com/PersonalCapital Morningstar: http://go.robberger.com/Morningstar Chase Sapphire Reserve: ht...

A review of an investment tracking spreadsheet you can download for free. Free Investment Tracking Spreadsheet: https://bit.ly/3dMezSP Same spreadsheet but with the rebalancing column: https://bit.ly/2vTUp8x TOOLS & BOOKS I LOVE My Book (of course): https://amzn.to/3by10EE Personal Capital: http://go.robberger.com/PersonalCapital Morningstar: http://go.robberger.com/Morningstar Chase Sapphire...

Here are the resources mentioned in the podcast: Sick Leave https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus Travel Relief https://www.forbes.com/sites/advisor/2020/03/11/master-list-of-airline-coronavirus-policies/ https://w...

The Cares Act offers student loan forbearance on all federal student loans. Here’s what you need to know. RESOURCES MENTIONED IN THE PODCAST CARES Act: https://www.congress.gov/bill/116th-congress/house-bill/748/text#toc-H84A93012B87A4D09A1F0A6DE5E61EE31 https://studentaid.gov/announcements-events/coronavirus https://www.consumerfinance.gov/about-us/blog/what-you-need-to-know-about-student-loans-a...

We build a free savings calculator in Google Sheets. It's easy to use, can be built in Excel if you prefer, and it will help you see the power of compounding. Enjoy! Savings Calculator: https://bit.ly/2JCfdod TOOLS & BOOKS I LOVE My Book (of course): https://amzn.to/3by10EE Personal Capital: http://go.robberger.com/PersonalCapital Morningstar: http://go.robberger.com/Morningstar Chase Sap...

Under the newly enacted CARES Act, you can legally stop making your mortgage payment for up to one full year. Here's what you need to know. RESOURCES MENTIONED IN PODCAST * Freddie Mac: https://myhome.freddiemac.com/own/getting-help-disaster.html * Fannie Mae: https://www.knowyouroptions.com/covid19assistance * Freddie Mortgage Lookup: https://ww3.freddiemac.com/loanlookup/ * Fannie Mortgage...

In this podcast, you'll learn how to maximize credit card rewards and invest them to build wealth. We look at a free credit card rewards calculator and discuss the best credit cards to get the most out of your rewards. RESOURCES MENTIONED IN THIS VIDEO Credit Card Rewards Calculator:  Alliant Credit Union Visa Signature Card https://www.alliantcreditunion.org/bank/visa-signature-card 2.5% Cas...

The Coronavirus has plunged us into the first bear market in more than a decade. Here’s how those in or nearing retirement can handle their investments to navigate the market crash with confidence. RESOURCES Vanguard Advisory Services: https://investor.vanguard.com/financial-advisor/financial-advice Fee-only Advisors:  --https://planvisionmn.com/ --https://rickferri.com/ Personal Capital: http://b...