"I want high investment returns and want to preserve principal."

Sorry.

That's not the way #investing works.

If anyone ever says they can do just that, run screaming in the other direction.

The most optimized investment plan won't save you if you haven't done your estate planning.

#investing

A common sentiment is that parents want to leave a home to their children.

Yet, heirs almost always prefer liquid investments – those things that can be sold quickly and easily: cash, investments, etc.

An illiquid asset (such as real estate) is not ideal.

If you're behind when it comes to retirement savings, the solution probably is not to take more risk with your investments.

Rather, increase your savings rate (and/or plan to spend less in retirement).

You can't invest yourself out of a savings hole.

Folks who create complicated investment plans may do so because they’re hoping to squeeze some extra juice out of their returns.

But, they’re more likely to get the opposite result.


Research shows that investors do better when they use all-in-one funds.

That’s why I often recommend looking into an individual disability insurance policy, especially for younger professionals with many earning years ahead.


We cover this topic in detail on Episode 39 of the Bogleheads Live podcast.  👇

jonluskin.com/bogleheads-liv...

Below is a snapshot from one such employer-provided policy. It only pays out for a lifetime disability under very specific conditions. That means many people might not be covered when they need it most.

That’s a good start, but here’s the problem: these plans are provided for free for a reason: they’re cheap.
The fine print often limits coverage in ways that make it hard to collect benefits in a true worst-case scenario.

That’s what disability insurance does; it protects your ability to earn an income. If you can’t work due to illness or injury, disability insurance can replace part of that lost income.


Many people already have a long-term disability policy through their workplace.

For most younger folks, the most valuable thing they own isn’t their house or their portfolio.
It’s their future earnings.

And when something is that valuable, it usually makes sense to protect it.

I need a webcam that is:

- 4k
- tripod compatible (screw threads on the bottom to mount)
- *not* an ultra wide FOV (~73° or less)

Looking for recommendations!

(I tried the EMEET series in the past, but the ISO default setting is super high, very grainy/noisy.)

gpn.bitrix24.com/workgroups/...

Today at 11 AM Pacific/2 PM Eastern!

I’ll be sharing my financial planning process with Members of the Garrett Planning Network (@GarrettPlanning).


I’ll be doing a special guest session at the GPN Member Meetup. Use the link below 👇

www.bitrix24.net/oauth/autho...

Today @ 11 AM Pacific / 2 PM Eastern:

I’ll be doing a special guest session at a future GPN Member Meetup.

Garrett members can sign up at the link in the comments👇

www.youtube.com/channel/UC77...

Editing my presentation on all-in-one funds from this year’s Bogleheads® conference.

Want to see my presentation – and everything else – from this year’s conference?


Be sure to subscribe to Bogleheads® on YouTube. Link in the comments

When it comes to Social Security, delaying benefits is important – but not necessarily for tax planning purposes.

While there can be several tax benefits for delaying Social Security, it’s longevity risk that’s managed that’s most critical: a bigger benefit for as long as you live.

youtu.be/BV_z-FOVGfc

I made a trailer for the Bogleheads YouTube channel.

You can check it out - and subscribe to the channel.

Link in the comments 👇

www.bitrix24.net/oauth/autho...

Monday!

I'll be sharing my financial planning process - which I've done 450+ times - with members of the Garrett Planning Network (@GarrettPlanning).

Garrett members can sign up at the link below 👇

Curious what folks are using for social media queuing.

(I ask because I would not recommend Zoho.)

www.jonluskin.com/template

The Planning Template for Financial Advisors is like having a senior advisor's knowledge base at your fingertips.

Browse common planning scenarios → Select what fits your client → Customize and deliver

Less time recreating guidance from scratch. More time serving families.

Link in comments 👇

www.jonluskin.com/template

Another plan, another update:

Included in the next update of the Planning Template for Financial Advisors is more guidance on doing Roth conversions with heirs in mind.


Want your copy of the template?


Link in the comments 👇

gpn.bitrix24.com/workgroups/...

7 days to go!

For members of the Garrett Planning Network (@GarrettPlanning), know that I’ll be doing a special guest session at a future GPN Member Meetup. Mark your calendar for Monday, November 17th at 11 AM Pacific/2 PM Eastern.

Garrett members can sign up at the link below: