The Rob Berger Show

Some financial advisors put clients in 10, 20 or even more ETFs and mutual funds. Some think they do this to make investing look complex and to justify their unreasonable fees. Regardless of the reason, it makes understanding the portfolio more difficult, and for no good reason.In this video I walk through my 3-step process for simplifying any investment portfolio. We look at a viewer's 11-fund portfolio and how to simplify it down to 5 funds.Join the newsletter: https://robberger.com/newsletter/?utm...

Retirement calculators can help us plan and prepare to retire. When we are years away, these online tools can help us determine how much we should be saving. As we approach our time to retire, they can help us understand how much we can spend each year and which accounts should fund that spending.Not all retirement tools, however, reach the same result. They take different approaches to what is a complex series of calculations and assumptions. One study examined five popular retirement planning software packages and found stark differences in outcomes. As a result, it recommended that individuals use “multiple programs before implementing an action plan based on the results.”To that end, here is a list of the best retirement calculators, planners and software tools.

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Compound interest has been called the 8th wonder of the world. Understanding how it works and harnessing its power is key to building wealth. In this video will walk through 7 simple calculations that show the true power of compounding. I'll also show how to get a simple, free compound interest calculator.Join the newsletter: https://robberger.com/newsletter/?utm...

The rules of IRA contributions can be confusing. Get them wrong and you could make a costly mistake or lose out on a chance to save more for retirement. In this video we'll cover these 10 IRA contribution rules:1. Contributions limits2. Catch-up contribution limits3. Income limitations on IRA contributions4. Limits on deducting IRA contributions5. Roth IRA contribution income limits6. Age limits on IRA or Roth IRA contributions7. Spousal IRA8. Contributing to both a 401(k) AND an IRA9. What if you contribute too much?10. 2021 contribution deadlineJoin the newsletter: https://robberger.com/newsletter/?utm...

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According to one study, cybercrime will cost the world $10.5 trillion a year by 2025. Today, every financial account from banks to credit cards to investments offer online access. For investors, the risk of loss from cybercrime ranks as the #1 concern.Fortunately, there are steps we can all take to increase our online security. For very little money, we can significantly reduce the likelihood that a computer hacker will gain access to our financial accounts. Here are 10 steps you can take to help secure your online accounts.NordVPN:  https://robberger.com/go/nordvpn/yt-70LastPass: https://lastpass.comNorton: https://www.nortonlifelock.com/us/en/Join the newsletter: https://robberger.com/newsletter/?utm...

Get free help with your 401(k) Rollover to an IRA with Capitalize: https://robberger.com/go/capitalize/y...When you leave a job, whether to retire, take another job, or leave the workplace for a time, an important question is what to do with your 401(k), 403(b) or other workplace retirement plan. In this video we walk through the three primary options:1. Leave it with your former employer,2. Transfer it to your new employer's 401(k), or 3. Roll it over to an IRAWe'll discuss the pros and cons of each option, along with some advanced strategies to consider.Join the newsletter: https://robberger.com/newsletter/?utm...

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Investing for a child's education presents at least two challenges. First, we don't have a lot of time to save and invest. In most cases, we have 18 years, and in many cases, a lot less. Second, Once they graduate from high school, they need the money quickly over the next few years. In this way it's very different than retirement, where we plan to spend our nest egg over 30 years or more.In this video, we are going to use Utah's excellent 529 plan as a framework on how to invest for a child's education. And a big thanks to a viewer named Dan who put together an awesome spreadsheet to help us.Spreadsheet: https://docs.google.com/spreadsheets/...Utah's 529 Plan: https://my529.org/My Morningstar Course: https://www.youtube.com/watch?v=qRfRq...