ErinTalksMoney

00:00 Intro 00:26 Housing 03:58 Investment Access 05:43 Marriage 06:57 Perspective 08:05 Income Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Soft Saving 02:39 Reevaluate Retirement 03:33 The Power of An Income Stream 04:44 Word of Caution 06:02 Timing The Question... 06:53 Social Security 07:32 Health 08:51 Layoffs 09:14 Earlier Than Expected Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Into 00:39 Withdrawal Rates 01:41 The Perfect Portfolio 03:32 4% - Worst Case 05:22 7% - Worst Case 06:12 4% - Best Case 06:58 7% Best Case 07:41 Wrap-Up Portfolio examples based of 100% equities in this video - very much an aggressive portfolio. Companion Video: https://www.youtube.com/watch?v=iqn-K-RPtJ4&t=117s Link to Tables: https://www.financialplanningassociation.org/article/journal/APR11-portfolio-success-rates-where-draw-line Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Safe Withdrawal Rate 01:08 Dave Ramsey's Recommendation 01:40 Example 02:19 Why 4% 02:44 4% Assumptions 05:22 Higher Withdrawal 06:43 7% Withdrawal 07:02 How To Ensure Success 10:02 When To Use A Lower Rate 10:40 Finance Is Personal If you're interested in checking out @jordansyatt for health & fitness related content, he's pretty amazing!! Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

0:00 Intro 01:02 Live On Half 02:57 Start My Own Business 04:40 Choose A Partner Wisely 06:20 Invest Early 08:03 Move Back Home 09:15 Not Eager To Upgrade 10:42 Track Expenses Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 00:41 Investments Based On Income 01:49 Net Worth By Age 02:26 Fidelity's Rule of 45% 03:45 Agee & Withdrawal Rate 05:28 Expected Needs 06:32 Impact of Social Security 07:42 Impact of Income Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 00:21 Contribution Limits 01:28 Reddit Threads 05:07 Common Themes 06:32 Average Contribution 07:19 Contribution By Age 08:47 Contribution By Income 09:18 Contribution By Job Tenure Reddit Thread: https://www.reddit.com/r/Accounting/comments/122094v/what_age_or_at_what_salary_did_you_max_out_your/ Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 00:29 Stopped Thinking Linearly 03:28 Know Your Strengths 04:54 Money = Freedom 05:48 Optimism 07:17 It's Only Money Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 00:53 Income & Expenses 02:38 Examples 05:00 Lifestyle Creep 06:29 Exploring Careers 07:49 Optimal Savings Rate 09:06 Multiple Streams of Income 10:41 Business Income Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 00:14 My Views 02:19 Assumptions 03:15 Paid Off Home 04:13 Carrying A Mortgage 05:05 Renting 07:45 Finance Is Personal 09:01 Investing Is Still Important Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 00:20 Avg Student Loan Debt 01:44 Pay off Debt or Invest 04:42 Professional Degree 10:02 Lifestyle Creep Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Paycheck-to-Paycheck 03:00 Example 03:56 50/30/20 Budget 04:52 Wages vs Inflation 06:05 Rising Cost of Debt 07:03 Being Passive 08:21 Redefining Essentials Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

Baby boy coming September 2023 😊 Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

Emergency Fund Calculator: https://www.pnc.com/en/calculators/investments-and-retirement/safety-net-calculator.html 00:00 Savings Balances 00:57 Credit Card Debt 02:46 Delinquencies 05:06 Emergency Fund Stats 05:55 HYSA 08:35 Fixing Low Savings Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Record Savings 01:43 Age 04:34 Income 07:02 Current Balances Vanguard 401k data - How America Saves 2023: https://institutional.vanguard.com/content/dam/inst/iig-transformation/has/2023/pdf/has-insights/how-america-saves-report-2023.pdf Fidelity - How much should I have saved up: https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire#:~:text=Fidelity's%20guideline%3A%20Aim%20to%20save,60%2C%20and%2010x%20by%2067. Fidelity 401k Millionaires: https://newsroom.fidelity.com/pressreleases/fidelity--q2-2023-retirement-analysis--retirement-account-balances-move-up-for-third-straight-quarte/s/f25eecbb-d361-44d8-a042-d34fe500f37b#:~:text=The%20number%20of%20retirement%20millionaires,compared%20to%20307%2C623%20in%20Q1). Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you! #investing

00:00 Intro 00:30 Twenties 04:30 Thirties 07:39 Fourties 09:39 Fifties 11:46 Sixties Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

Social Security Quick Calc: https://www.ssa.gov/OACT/quickcalc/ Inflation Calculator: https://smartasset.com/investing/inflation-calculator#SVr6ZoAkV0 00:00 Intro 00:41 Not Having A Retirement Account 02:53 Missing The Match 04:19 Leaving Before Being Vested 05:43 Only Using Employer Retirement Plan 06:57 Early Withdrawals 07:57 Following The Wrong Path 09:29 Ignoring Taxes 10:32 Ignoring Inflation 11:18 Checking Accounts Daily 12:18 Aiming for $1,000,000 Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 00:20 Investments By Income 03:29 Career Longevity 04:38 Unemployment 05:44 Account Access 06:54 College Education 07:28 Asset Allocation 08:19 Withdrawals 09:00 Children 09:43 Marriage & Divorce Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 02:18 Inflation Stabilizing 02:59 Keep Your Paycheck 04:02 Keep Investing 05:12 Don't React 05:50 Cash Reserves 08:00 Emergency Fund 09:12 Limit Borrowing Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

HSA Calculator: https://www.hsabank.com/hsabank/Learning-Center/HSA-Savings-Calculator 00:00 Intro 00:39 The Basics 01:15 Contribution Limits 02:17 Tax-Advantaged 03:13 Qualifying 04:58 - Qualified Medical Expenses 06:14 Penalty 07:41 HSA Account Options 08:07 Using The HSA Like The 1% 09:02 Bonus Retirement 10:27 - Invest Now - Reimburse Later Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 Intro 01:33 Incentive For Cash 02:13 Can You Save Too Much? 03:53 Traditional Recommendations 04:50 Opportunity Cost 06:08 Loss In Value 07:01 Sign Of Emotions 08:25 Tax Burden Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

Roth vs Traditional Google Doc: https://www.vertex42.com/Calculators/traditional-vs-roth-ira.html Article referenced in video: https://lifeandmyfinances.com/investing/why-roth-ira-is-bad 00:00 Intro 00:51 Roth vs Traditional 02:20 Examples 05:40 Similar NOT The Same 06:59 RMDs 07:47 Employer Match 08:40 Income Limits 08:57 Backdoor Roth Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 - Intro 00:37 - Income To Feel Financially Secure 01:51 - Financially Vulnerable 02:18 - Consider A Side Hustle 04:16 - Look At Your Industry 05:25 - Broaden Your Perspective 07:42 - Skill Set 09:17 - 80/20 09:47 - More Money, More Expectation Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

00:00 - Intro 00:31 - Current Savings 01:32 - 401k Balance By Age 02:01 - Gen Z 04:03 - Millennials 05:39 - Gen X 08:24 - Savings Need to Hit $1,000,000 08:57 - How Much You Should Have Saved By Age Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!

When it comes to investing, there are some major factors that are outside of your control. Vanguard says that we can expect lower rates of return going forward. What do you think? 00:00 Intro 01:02 Rate of Return 03:33 Rate Expectation 05:47 Sequence Risk 09:55 Bucket Strategy 10:27 Dynamic Spending Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!