"I've Got A Major Purchase Coming Up - What Should I Do?"
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 23 February 2022
⏱️ 24 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:07.0 | investing, taxing. |
| 0:09.0 | You've got financial questions. |
| 0:10.6 | He's got financial answers. |
| 0:12.6 | It's Brian Preston, the money guy. |
| 0:15.4 | All right, so next question, I didn't mean for this to like dovetail segue so well, |
| 0:20.7 | but it did. |
| 0:21.7 | This question is from Jeff. |
| 0:24.2 | Jeff said, my fiance and I, 1444, both make over 100,000, and we save over 20%. |
| 0:29.5 | 401K, 403B, and after tax account. |
| 0:34.0 | Should all the accounts be rebalanced? |
| 0:36.6 | How often or should it be based on deviation from our goals, meaning when goal is changing? |
| 0:42.2 | So how does someone who's like in the saving, in the accumulation phase think about rebalancing |
| 0:50.0 | and rebalancing like betwixten across accounts? |
| 0:53.6 | So Jeff, you know, first of all, kudos to you guys. |
| 0:55.8 | It sounds like you and your fiance successful professionally have good incomes. |
| 1:01.0 | It sounds like you're probably saving if you're having these type of questions. |
| 1:05.2 | I liked, you know, previously Boa talked about the value of index target retirement funds |
| 1:11.4 | because they take out all the asset allocation questions. |
| 1:14.3 | You just choose how much can you save when do you need it? |
| 1:17.6 | And the three big providers that we talk about from time to time are like Vanguard, Charles |
| 1:24.1 | Schwab and Fidelity Investments. |
... |
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