Random Roger's Retirement Planning

MARCH 2, 2025

Barron's wrote about the difficulty of spending down accumulated assets in retirement. Several quick hits today. I am pretty sure this will be difficult for me if our savings play a big role in our month to month lifestyle. This was an article where always read the comments applies.

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Wealth Management

JUNE 12, 2025

The ETF structure then evolved with the advent of active ETFs in 2008, the first one coming out of Bear Stearns, which went under that same year. The first exchange traded fund came along in 1990 in Canada, with the Toronto 35 Index Participation Units. soon followed in 1993 with the SPDR S&P 500 Trust (SPY).

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Random Roger's Retirement Planning

JUNE 23, 2025

Client exposure is through XLY which I first bought in November, 2008. It has almost 30 years of going up more than the broad market on the way up and going down more on the way down. I mentioned this scene from A River Runs Through It recently. I also referenced it at fire training over the weekend.

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Accounting Taxes Clients Investing 64

Investing Caffeine

MAY 1, 2025

2008) In October 2008, the Time magazine cover encapsulated the zeitgeist of the period with a 1929 photo that included a line of desperate people waiting for food donations at a soup kitchen. Are you near retirement? Dont jeopardize your retirement goals – de-risk accordingly.

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Random Roger's Retirement Planning

DECEMBER 22, 2024

We spend a lot of time here on how to diversify to try to smooth out the ride and how to hold up better when markets have a year like 2022 or 2008. Diversification offsets the consequence of guessing what will work and being wrong. For us, that includes alternatives. Barron's had an article about alternatives sought by the "super rich.

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The Big Picture

JANUARY 21, 2025

And then when I left the journal for the first time in 2008, they said, well, who should we hire to replace you? 00:16:42 [Speaker Changed] Coming into sort of late 2008, I think, if I recall correctly, I was somewhere between 70 and 80% stocks by that point. I did it in 2008 in oh nine. I said, Jason’s wife.

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Random Roger's Retirement Planning

MARCH 25, 2025

The S&P 500 doesn't fall 20% in a quarter very often but obviously it can happen, it happened in Q1 of 2020 and the 3rd quarter of 2008 and I imagine there were others. The next day the fund would have a new buffer 20% down from there. If someone is actually going to use this, it is crucial they sell before the 20% threshold is hit.

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Random Roger's Retirement Planning

NOVEMBER 21, 2024

And since the other funds came along, RYMFX has shown to not be such a great representation of the strategy even though it helped in 2008. Plenty of other managed futures funds came onto the scene in 2013 and 2014 but I think RYMFX is the only one to test what was a terrible time for managed futures.

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Carson Wealth

JUNE 30, 2025

That’s one reason why the 2008–2009 recession was as bad as it was—households were much more levered and when unemployment rose and home prices fell, everything crashed. The greater the leverage, the harder the crash (like in 2008-2009). It was 101% at the end of 2019, and 137% just before the financial crisis in 2007.

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The Better Letter

MARCH 27, 2025

MLB was last to the instant replay party, finally adding it to check on home runs on August 28, 2008, nine years after Frank Pulli dipped his toe into the water. ” According to long-time umpire Joe West (now retired), “[t]hree ways you can miss a call: lack of concentration, lack of positioning, lack of timing.”

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Accounting Food Retirement Electronics 62

The Big Picture

APRIL 29, 2025

00:08:57 [Speaker Changed] Well, in 2003, ING acquired Aetna’s financial businesses, and that was the life insurance, retirement and asset management businesses. And, and my boss became head of ING Americas all of the insurance, retirement, and life businesses. So 2008, you know, as you remember, Barry fourth quarter was chaotic.

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Random Roger's Retirement Planning

MARCH 14, 2025

The best example of this that I can think of to make the point was in the fall of 2008 when one day, the Dow fell 1000 points and then the next day it made it most of it back. The tape would be a little more constructive if the declines stopped with more of a whimper, just petering out versus such a dramatic move up.

Portfolio 59

Portfolio Taxes Management Investing 59

Random Roger's Retirement Planning

FEBRUARY 28, 2025

There were places to make money during that run, most notably foreign stocks and equal weight S&P 500, that ETF came out in 2003 and had very good years until 2008. That's a long time for a broad based index to not make any progress. It then had a huge snap back year in 2009.

Portfolio 52

Portfolio Asset Allocation Taxes Assets 52

Random Roger's Retirement Planning

JUNE 13, 2025

We do have a fund we can look at for 2008 with what started out as the Rydex Managed Futures Fund that still trades with symbol RYMFX. That fund was up just over 6% in 2008. There was outperformance in the Financial Crisis, it's visible on chart but a little harder to see.

Portfolio 59

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Dear Mr. Market

NOVEMBER 22, 2024

But what if Bill and Alice still have a typical 2008-era estate plan with AB Trusts, designed to use both spouses’ federal estate tax exemptions? When Alice later passes away, her beneficiaries will receive a second step-up in basis to the fair market value as of Alice’s date of death.

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Random Roger's Retirement Planning

JANUARY 1, 2025

If we go back to 2002 with this second back test using ProFunds Ultra S&P 500 (ULPIX) which is the mutual fund predecessor of SSO it looks bad because of how big of a hole any 2x fund would have had to dig out from after 2008 so there's some good context about the risk of any leverage strategy.

Retirement 52

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Wealth Management

MAY 17, 2023

The tool includes the option to run plans through real-life historical scenarios including the Great Depression, the post-war period, 1970s stagflation, the dot-com bubble and the 2008 financial crisis.

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Retirement Planning 262

The Chicago Financial Planner

NOVEMBER 8, 2021

At some point we are bound to see a stock market correction of some magnitude, hopefully not on the order of the 2008-09 financial crisis. As someone saving for retirement , what should you do now? Has the market rally accelerated the amount you’ve accumulated for retirement relative to where you had thought you’d be at this point?

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The Big Picture

SEPTEMBER 26, 2022

The only other years with a higher reading since 1990 were 2008 when the S&P fell 38%, and 2002, when it fell 23%. Pensions Brace for Private-Equity Losses : Retirement officials predict grim results from investments in private equity and other illiquid assets ( Wall Street Journal ). • Wealth of Common Sense ). •

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Economy Engineering Manufacturing Retirement 300

The Chicago Financial Planner

JUNE 13, 2022

For example during the 2008-2009 market debacle I looked at funds to see how they did in both the down market of 2008 and the up market of 2009. If a fund did worse than the majority of its peers in 2008 I would expect to see better than average performance in the up market of 2009. Markets will always correct at some point.

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Risk Tolerance Marketing Marketing Financial Planner 188

Abnormal Returns

OCTOBER 2, 2022

thereformedbroker.com) Don't fight the last war: this isn't 2008. marketwatch.com) Seven important lessons about retiring successfully. (ramp.beehiiv.com) The bear case is obvious. What's the bull case? theirrelevantinvestor.com) Bear markets are where wealth is built. mr-stingy.com) TIPS yields are at their highest level in a decade.

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Retirement Investing Investments Marketing 162

Nerd's Eye View

SEPTEMBER 25, 2023

In the mid-20th century, the first phone call for a person who needed guidance on saving or planning for retirement was likely to be to a stockbroker or a mutual fund or insurance salesperson.

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CFP Financial Planning Planning Certification 247

The Chicago Financial Planner

FEBRUARY 5, 2022

The New York Giants (an old NFL team) won in 2008 and the market tanked in what was the start of the financial crisis. Approaching retirement and want another opinion on where you stand? Financial coaching focuses on providing education and mentoring on the financial transition to retirement. NEW SERVICE – Financial Coaching.

Investing 185

Investing Investments Financial Planner Risk Tolerance 185

Random Roger's Retirement Planning

JANUARY 8, 2024

The Wall Street Journal ran an article titled Here's What It's Like To Retire On Almost Nothing But Social Security. He said " he was unprepared for sudden retirement, financially or otherwise." Being unprepared in his context doesn't have to just be about retirement account balances. Think about that.

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Retirement Numbers Accounting Taxes 74

Validea

JANUARY 9, 2023

Veteran portfolio manager Bill Miller, founder of Miller Value Partners and manager of the firm’s Miller Opportunity Trust and the Miller Income funds, retired at the end of 2022, reports an article in CityWire. billion and has been renamed the Opportunity Trust under Patient Capital, since 2008.

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Ballast Advisors

AUGUST 18, 2023

In its annual Retirement Confidence Survey of current workers and retirees, the Employee Benefit Research Institute found that workers’ confidence in their ability to fund retirement fell by the largest extent since the financial crisis of 2008, to levels not seen since 2018.

Retirement 52

Retirement Taxes Planning Accounting 52

Nerd's Eye View

AUGUST 13, 2024

And be certain to listen to the end, where Eric discusses the key differences between CPA firms and RIAs, particularly the contrast between the goal of CPAs to maximize the efficiency of their billable hours and the more long-term client relationship-building done by financial advisors, how Eric approaches acquisitions, targeting younger or mid-career (..)

Financial Advisor 130

Financial Advisor Financial Planning Accounting Planning 130

Trade Brains

JANUARY 20, 2023

A Case Study on ‘Satyam Scam’ Accounting Scandal: When the 2008 recession hit the world, India was not only going through a financial crisis but also an ethical crisis. Satyam soon went on to cross the $2billion mark in 2008. 544 in 2008. This was what happened with Satyam Computer Services. The shares fell to Rs.11.50

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Banking Accounting Ethics Sales 131

The Big Picture

SEPTEMBER 6, 2023

Wall Street Journal ) • Why China Is Avoiding Using ‘Bazooka’ to Spur Economy : Beijing isn’t pulling out a “bazooka” stimulus package like it did during the global financial crisis in 2008-09, or even when the pandemic hit in 2020. Bloomberg ) • Roth vs. Traditional 401(k): Where to Put Your Money for Retirement? in the current one.

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Medicine Strategic Planning Economy Consulting 130

Integrity Financial Planning

DECEMBER 13, 2022

The 2022 economy has broken multiple records, first, with the highest inflation rate in 40 years, and now, the highest federal reserve interest rates since 2008. [1] 2] This rise in the cost of borrowing not only affects inflation but trickles into the decisions you make before and in retirement. Hike in Variable Debt Rates.

Financial Planning 97

Financial Planning Accounting Economy Retirement 97

Random Roger's Retirement Planning

OCTOBER 8, 2024

In one of the Tweets, that's right I said Tweets, he talked about 2008 being a disaster as correlations went to 1. I think the only capitally efficient funds back in 2008 were the PIMCO PLUS suite including the PIMCO Stocks PLUS Long Duration (PSLDX) which leveraged up 100/100 stocks and long bonds. versus down 21.63%.

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Portfolio Accounting Clients Management 98

Nerd's Eye View

SEPTEMBER 28, 2022

In this episode, we talk in-depth about how Joe has witnessed firsthand as an advisory firm owner, and now a partner at a leading global investment management firm, how the financial services industry is evolving in real time as more banks and brokerage firms are truly adopting financial planning and implementing advisory services at national scale (..)

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Executive Compensation Financial Advisor Wealth Management Recruitment 130

Random Roger's Retirement Planning

SEPTEMBER 26, 2023

First on Monday's post about using return stacking to slightly increase the retirement withdrawal rate, I forgot about the WisdomTree Core Efficient Plus Fund (NTSX) which is leveraged up such that 67% in that fund equals 100% into a 60/40 portfolio like the Vanguard Balanced Income Fund (VBAIX). A couple of follow ups.

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Portfolio Management Retirement Taxes 96

Discipline Funds

MARCH 1, 2023

In fact, we’ve been vocal that this isn’t a repeat of 2008. If you adjust it for only the working age and retired population then inventory is even higher. Especially not in an environment where the demand for buying is drying up as the Fed raises rates aggressively and the average mortgage rate surges back to 7%.

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Random Roger's Retirement Planning

OCTOBER 21, 2024

In 2022 it was actually flat while in 2008 it was down more than the S&P 500. They did well in 2022 but did poorly in 2008. I'm not saying these are bad funds to hold, they just don't offer too much zig when stocks zag. IGF is interesting though. MLPs are another odd one.

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Random Roger's Retirement Planning

APRIL 3, 2024

Someone retiring on Dec 31, 2021 being all in on traditional 60/40 had a real problem from an adverse sequence of returns. Someone retiring on Dec 31, 2021 with one of the managed futures-heavy portfolios had no such problem. The advantage that both managed futures portfolios had over traditional 60/40 is how well they did in 2022.

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Numbers Portfolio Management Retirement 96

Random Roger's Retirement Planning

FEBRUARY 15, 2024

Barron's posted an article that by the title was about expenses to consider if you retire early but the article was pretty thin. A couple of stats from the article included that 46% of American retire sooner than they expected with the two most common reasons being laid off or health issues with themselves or their partner.

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