Key Takeaways from Joe Kuhn, Rob Berger, BiggerPockets Money & More

Today, I wanted to do a retirement YouTube weekly roundup and share some of the videos I've checked out this week and the creators who made them. I’m always looking for new perspectives and great advice, and this week's batch was particularly insightful.

Insights on Financial Psychology & Consistency

Joe Kuhn: Don't Ruin Your Retirement

Joe Kuhn, a retirement coach, has produced 900 videos in six years, reaching hundreds of thousands of people. It’s an inspiring testament to the power of consistency and compounding growth in any area of life, not just investments.

Ask Sabado: Why Most People Get Retirement Wrong!

Sabado retired at a unique age of 51. For anyone looking to retire earlier than the norm, he is a great resource. Retiring this early is rare, even among very wealthy clients, and shows the power of dedicated planning.

Retirement Ramblings: Mental Health & Information Control

Retirement Ramblings shared the wisdom of controlling your information intake by removing himself from social media like Facebook 10 years ago. Controlling the information coming into our minds is critical for maintaining mental health, especially in retirement.

Mike in Retirement: Why Change is So Hard

Mike in Retirement, a creator with great audio skills, is starting a new channel after focusing on software training previously. He demonstrates that skills endure even if circumstances change, and that he won't be "stuck" for long due to his expertise.

Strategies on Income, Risk, and Lifestyle

Rob Berger: Best Way to Create a Retirement Paycheck?

Rob Berger highlighted that the bucket strategy was devised by a financial planner named Harold. I was embarrassed not to know this! Personally, I really like the strategy; while you can nitpick the technical details, I think it works great for giving many people a simple, understandable structure for managing withdrawals.

Retirement Transformed: The Only 3 Things That Truly Matter

Retirement Transformed boiled life down to freedom, family, and memories.

• Physical Health: They emphasized that physical health is the key to freedom, enabling you to get out there and enjoy the wealth you built. They highly recommended getting to the gym and focusing on nutrition.

• Relationships: They suggested making a literal list of friends and noting how you feel after spending time with them—prioritizing those who energize you and letting go of those who drain your time.

Retirearly500k: 7 Investment Decisions That Can DESTROY Your 401K

This video highlighted the danger of lifestyle creep related to portfolio gains. Spending investment gains year after year sets people up poorly for when the market inevitably turns. I highly recommend avoiding lifestyle creep based on paper wealth, not real wealth.

BiggerPockets Money: How to Save 50% of Your Income

The discussion with Mr. Money Mustache advocated for taking increased risk for many in the FIRE community. While the community is known for risk aversion, if you have a detailed plan that takes years to execute, taking a little more smart risk can help you accomplish those goals faster, reducing the time spent in a job you may not enjoy.

Your Weekly Dose of Retirement Wisdom

This week's roundup is a great reminder that there are countless resources for building a better retirement, both financially and emotionally. Learning from these diverse perspectives can help you build a comprehensive plan that goes beyond just the numbers.

At Barrett FP LLC, we offer expert financial planning on an hourly basis, focused entirely on helping you achieve your goals.

Learn more about how we can help you build a disciplined, fulfilling retirement plan and see if we're a good fit.

Original Video Links:

• Joe Kuhn: [Link Placeholder]

• Ask Sabado: [Link Placeholder]

• Retirement Ramblings: [Link Placeholder]

• Mike in Retirement: [Link Placeholder]

• Rob Berger: [Link Placeholder]

• Retirement Transformed: [Link Placeholder]

• Retirearly500k: [Link Placeholder]

• BiggerPockets Money: [Link Placeholder]