Every time I sit down with a teacher nearing retirement, I draw this simple T-chart.
Left side: the income that shows up no matter what — your INPRS pension and Social Security.
Right side: the investments you'll draw from to supplement those two guaranteed income sources.
It's not complicated. But seeing it on paper changes everything. It's the AHA moment... when everything starts to finally click.
Here's the good news: most teachers don't realize that when you transition out of education, you can simplify your entire financial picture.
No more tracking 5+ accounts scattered across old 403(b)s, 401(a)s, and IRAs. All your pre-tax accounts can be combined into one
Traditional IRA. All your tax-free accounts can be combined into one Roth IRA.
Five accounts become two & now you can ensure ALL of your money is strategically working for you.
“Buying things for their utility gives you the ability to express your own identity, while chasing status often makes you conform to others’ identity.” - Morgan Housel
Nate Luce with 10 3’s to finish his home career at Raider Gym, Raiders win 20th of the season including 30th STRAIGHT home game in front of a great crowd, Nate’s 4 year record is now 90-11…maybe a Coach having a Son on the Team can be a good thing. Time flies.
Argentina's Monthly Inflation Rate
Dec 2023 (Javier Milei takes office): 26%
Jan 2024: 21%
Feb 2024: 13%
Mar 2024: 11%
Apr 2024: 8.8%
May 2024: 4.3%
Jun 2024: 4.6%
Jul 2024: 4.0%
Aug 2024: 4.2%
Sep 2024: 3.5%
Oct 2024: 2.7%
Nov 2024: 2.4%
Dec 2024: 2.7%
Jan 2025: 2.2%
Afuera!
“The more things we desire & the more we have to do to earn or attain those achievements, the less we actually enjoy our lives & the less free we are.” - Ryan Holiday
• 100 minus your age rule
It is used for asset allocations.
Subtract your age from 100 to know the equity vs. bond allocation.
Age 30: Equity: 70%, Bonds: 30%
Age 60: Equity: 40%, Bonds: 60%
Some people use 110 or 120 to be more aggressive in their allocation.
Years later I’m still trying to figure out why @IndianaMBB fired @TomCrean…
At least @BoilerBall is giving young Hoosiers good basketball watch & learn from.