What is the Portfolio Waterfall? With it, can you really get a SAFE 6% withdrawal rate in retirement? Is the 4% rule dead in light of this new, revolutionary, strategy?

00:00 - Intro

00:39 - Brainstorming with Bears, Honey, and Helicopters

06:12 - Portfolio Waterfall Explained

13:21 - Results of My Portfolio Waterfall Study - (20 years)

15:07 - What's the Tradeoff??

17:17 - 30 Year Results

18:15 - 40 Year Results

18:55 - 50 Year Results

19:27 - Characterizing the Portfolio Waterfall

20:15 - 60 Year Results

21:03 - Ending Nest Egg Value Tradeoff Abated!

21:37 - My Thoughts on These Results

22:13 - Assumptions for My Proof of Concept Model

23:01 - Historical Data

27:40 - Simulated Data

35:41 - Portfolio Waterfall Website - https://portfoliowaterfall.com/

36:27 - Closing Thoughts

Today's episode covers a very new and revolutionary topic that applies some NEW ideas. For this reason, in today's story, Jay shares a how some seemingly silly brainstorming resulted in a real solution to power outages in Alaska. This story involves bears, honey, and helicopters. The lesson here in is how real solutions and progress can benefit from open-minded efforts to think critically even when an idea seems pretty out there.

The main topic explains a revolutionary new retirement distribution strategy - the Portfolio Waterfall! This is the brain child of the financial adviser, Josh Curtis. These results are ASTOUNDING! Can this strategy actually DOUBLE your income in retirement? Is the 4% rule history? Be sure to listen all the way through to fully understand the assumptions of this model. The simulated results required a new method of modeling fully unique to our work here at HopeFilled Financial Coaching. We welcome your comments and questions on this topic. We are sincerely excited to share this exciting strategy with you.

For more background on this strategy check out these videos:

• Mutual Funds Uncovered: https://youtu.be/TJGnWQMMtAA
• New Retirement Study: https://youtu.be/I8TFUMUnG3E
• How to Never Run Out of Money: https://youtu.be/NDYPoIBeX0A
• Kicking the Bucket Retirement Strategy: https://youtu.be/JDfOsfrIhFs
• Viral 8% Dave Ramsey Call Episode: https://www.youtube.com/watch?v=BugfOEGzG0Y

Note: I mentioned in this episode that the latest study I completed for comparison is from January. This study and the above episode on it were published in March of this year even though the work on the model started in January.

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Do you REALLY need to understand how a mutual fund works? The implications may be huge!

00:00 - Intro

00:40 - My Internship Turned Industrial and Saved the Company $500,000!

07:48 - Why Understanding Mutual Funds is So important

In today's story Jay recalls his first internship and how he solved a systems and processes problem that saved the company half a million dollars on their bottom line!

The main topic explains how mutual funds and ETFs work. These intricacies may seem trivial, but they can make all the difference when it comes to your financial future!

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Episodes 79 and 80 are going to be very important episodes that might very well change how many of you plan for retirement and may cause quite a stir! BUT these episodes will be delayed to make sure we get you the best information possible for these exciting episodes.

Keep your eyes peeled for Episode 79 in a few weeks! We are so excited to share with you what we have found. Subscribe so you don't miss when the episode publishes.

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

How can you secure your financial future now?

00:00 - Intro

00:39 - There's a LOT Going On Right Now

09:24 - HopeFilled FootStep #5 - Saving For Retirement

In today's story Jay shares some of the projects he has going on right now - namely his local finance workshops. Find more information and sigh up here: https://campscui.active.com/orgs/ParkHillCommunityEducation?&e4q=6367f21f-72a6-4a96-b11e-e80487ad12e3&e4p=668978d9-9d9e-4269-a9f0-f3935793ba4b&e4ts=1719178233&e4c=active&e4e=snlvcmpscui00001load&e4rt=Safetynet&e4h=83351ebb484d443ff9f0e87d5e001d95#/selectSessions/3477839

The main topic outlines HopeFilled Financial FootStep #5 - Saving for Retirement. What do you need to be thinking about as you save for retirement? What are your retirement goals?

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

What is a Zombie Mortgage? Is your home safe??

00:00 - Intro

00:43 - Bank Error that Cost Over $1,000!

08:25 - Zombie Mortgages Explained

In today's story Jay shares how an error that the bank made cost his HOA over $1000 for more than two weeks! This goes to show that anyone or any system can make mistakes. Have you had anything like this happen to you?

The main topic explains what Zombie Mortgages are and how you can protect your home. Do you know anyone who is facing this?

Articles Mentioned:

Zombie 2nd mortgages are coming to life, threatening thousands of Americans' homes: https://www.npr.org/2024/05/10/1197959049/zombie-second-mortgages-homeowners-foreclosure

What is Title Insurance? Why You Need It and How to Buy It: https://www.investopedia.com/terms/t/title_insurance.asp

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Do you want to retire early? What are the Top 5 things you should know before 59.5?

00:00 - Intro

00:44 - Reacting to "Retiring Early on $870K" from CNBC

20:09 - Top 5 Tips for Retiring Before 59.5

20:26 - #1 Withdrawal ROTH Contributions

22:08 - #2 The Rule o 55

26:17 - #3 Build a Bridge Account

29:16 - #4 Pay Off Your Home & Understand Your Budget

30:38 - #5 Map Out the Phases of Retirement

In today's story Jay reacts to a CNBC Millennial Money clip called "Retiring Early on $870K in Arizona" https://www.youtube.com/watch?v=S3krNI31pYA. Do you think you could make the changes to retire early like this?

The main topic explains Jay's top 5 tips for retiring before the age 59.5. Let me know if you have other tips for retiring early!

Here are the mentioned resources:

Rule of 55 Article: https://www.investopedia.com/rule-of-55-5324286

Bucket Strategy Episode: https://youtu.be/JDfOsfrIhFs

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Is volatility good or bad for you when you are investing??

00:00 - Intro

00:36 - Bowling Into Retirement

05:38 - Accumulation and Volatility Study

In today's story Jay shares how his experience with bowling technology and techniques can be likened to investment strategies. Did you know any of these facts about bowling? Do they help you visualize a healthy investment strategy?

The main topic dives into a study on volatility during the accumulation phase of your life - your working years while you are saving for retirement. We know that volatility makes retirement itself difficult through sequence of returns risk. Is the same true for your accumulation phase? Does volatility help or harm you while you save and invest for retirement? Jay shares his findings and what they might mean for understanding investment strategies. In the end, he explains how these results will impact his personal choices in investing.

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Jay explains a temporary delay in our regular podcast scheduling due to unforeseen family circumstances. Episode 75 will publish next week.

Jay also gives a teaser for Episode 75, 76, and 79.

We also want your feedback on a membership model for our podcast where you would get access to all the spreadsheets and resources from the show. Let us know what you think in the comments!

See you next week!

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.