Couverture de Inside The Plan With The 401(k) Brothers

Inside The Plan With The 401(k) Brothers

Inside The Plan With The 401(k) Brothers

De : Bill Bush and Andy Bush
Écouter gratuitement

Offres de saison | 0,99 € par mois pendant les 3 premiers mois

5,99 €/mois par la suite. Des conditions s’appliquent. Annulation mensuelle possible.
Inside The Plan With The 401(k) Brothers is a production of Horizon Financial Group, located in Baton Rouge, LA. The show handles topics and questions that often arise from participants of company retirement plans. Bill Bush and Andy Bush are indeed brothers, but NOT twins. Registered Representatives offering securities and advisory services offered through Cetera Advisors LLC, member FINRA/SIPC, a broker/dealer and a Registered Investment Adviser. Cetera is under separate ownership from any other named entity. 15015 Jamestown Boulevard, Suite 100, Baton Rouge, LA 70810Horizon Financial Group 15015 Jamestown Boulevard, Suite 100, Baton Rouge, LA 70810 Economie Finances privées
Épisodes
  • When's The Last Time You Logged Into Your 401(k) Account?

    When's The Last Time You Logged Into Your 401(k) Account?
    Sep 14 2026
    Bill and Andy Bush open with a deceptively simple question: when was the last time you actually logged into your 401(k)? From there, they walk listeners through a practical, no-math check-up of everything worth reviewing the next time you pull up the app — your balance, your contribution rate, whether you're leaving match money on the table, Roth versus pre-tax, how you're actually invested, your rate of return, beneficiaries, and old accounts you may have left behind. Along the way they tackle the traps that quietly derail savers: settling for an auto-enrollment default, a 30-year-old sitting in a target-date fund built for someone already retired, checking your balance so often that you sabotage your own returns, and forgetting that beneficiary designations don't follow you when a plan changes record keepers. The brothers close with the "$487,000 question" — is it enough? — and a run of C-words (clarity, context, confidence, conviction) that turn a quick login into a real sense of where you stand. ⏱ Episode Timeline & Key Topics 00:10 – Welcome & the One Question Bill kicks off by asking Andy when he last logged into his 401(k). Andy's answer — last week, to check his year-to-date numbers and confirm his investments still fit — sets up the episode's theme. 01:00 – What This Episode Covers (No Math Required) The brothers lay out the plan: a walk-through of what to look for when you log in. Their suggestion to listeners — pull out your phone or laptop and follow along in real time. 01:23 – Most Logins Are Now Mobile More participants are checking balances on the app than ever. Fidelity reports a majority of logins now come from mobile, while Vanguard sits a bit lower — a reflection of how people manage money today. 01:46 – Start With Your Balance The first and most obvious thing to check. It's the number most people look at first, and it anchors everything else in the review. 01:55 – Check Your Contribution Rate A common trap: savers get excited, enroll when first eligible, then never revisit their elections. "Life happens," and the contribution rate they set years ago quietly becomes the rate they still have. 02:30 – Is Your Contribution Moving You Toward Your Goal? Andy encourages listeners to connect the contribution to the destination. If you've paid off a car loan or freed up cash, consider directing some of it into the plan. Also worth knowing: how often your plan lets you change contributions, which varies from quarterly to every pay period. 03:25 – Rules of Thumb: 50/30/20 and 10–15% The brothers revisit budgeting guidance — 50% needs, 30% wants, 20% savings — and narrow it to the widely cited 10% to 15% of income aimed at retirement, including any employer match. 03:58 – Why 15%? The Math of a 40-Year Runway Andy explains the logic behind the T. Rowe Price 15% benchmark: contribute at that rate across a full working career and you reach 65 with real options. The habit of putting money in matters as much as how it's invested. 04:44 – Don't Settle for the Auto-Enrollment Default Many plans auto-enroll new hires at 3%, 4%, or 5%. That's a starting point someone else chose for you, not a decision you made — and it's rarely enough on its own. 05:18 – Auto-Escalation: Out of Sight, Out of Mind Some plans let you automatically bump your contribution 1% a year. It works precisely because it happens in the background, nudging your savings rate up without requiring willpower each year. 05:38 – Don't Assume the Match Is the Finish Line A classic match of 50% on the first 6% means a 6% deferral gets you a 3% employer contribution. Helpful, but the brothers are blunt: it's probably not enough to get you where you want to go. 06:36 – Roth vs. Pre-Tax There's tax favorability on both sides. Younger savers in lower brackets often lean pre-tax to stretch each dollar, while the Roth choice hinges on which end of your life you'd rather take the tax benefit. Roth has been available in 401(k)s for about two decades and is now offered by the vast majority of plans — and SECURE 2.0 now requires certain high earners' catch-up contributions to be Roth. 08:25 – What Are You Actually Invested In? Some participants set an allocation 10 or 15 years ago and never looked again. Whether that's a problem depends on your age and risk tolerance, because corrections happen — and a 10% drop feels very different on $50,000 than on $500,000. 09:22 – Don't Day-Trade Your 401(k) A 401(k) is a long-term vehicle, and most menus are built on mutual funds that price once a day. The brothers cite a striking pattern: participants who log in most often tend to see worse returns than those who set it and forget it. 10:40 – Target-Date Funds and Fitting the Allocation to You Target-date funds offer a single, age-appropriate option that rebalances over time. But allocations drift, and your mix has to fit you — not your brother or your coworker. Case in ...
    Afficher plus Afficher moins
    25 min
  • One Retirement Regret We've Never Heard

    One Retirement Regret We've Never Heard
    Jul 27 2026
    Bill and Andy Bush open with the one regret they've never heard from a retiree: "I saved too much." Drawing on conversations with plan participants, they explore the regrets people do voice — wishing they'd started earlier, stayed invested, or captured more of the company match — and why those missed opportunities can't be recovered once a contribution year lapses. The brothers make the case for balance, weighing Bill Perkins' "Die with Zero" philosophy of enjoying the here-and-now against the risk of shortchanging your future self. Along the way they dig into maximizing the match, the underused 50-plus and 60-to-63 "super" catch-up contributions, the new Roth catch-up rule for high earners, and the triple-tax-advantaged power of the HSA. They close with a mid-year nudge to review your savings rate and a reminder that money should buy choices, not guilt. ⏱ Episode Timeline & Key Topics 00:03 – Welcome & The Regrets We Hear Bill and Andy open the show with the common regrets they hear from plan participants: "I wish I'd saved more," "I wish I'd stayed in the market," "I wish I'd started earlier," and "I wish I'd taken the match longer." 00:53 – The One Regret Nobody Voices Nobody ever says they saved too much. Andy reframes the goal as balance — saving for later without abandoning a reasonable lifestyle now, or vice versa. 01:34 – Why Retirement Feels Too Far Away Bill notes how "retirement feels far away" leads people to defer saving, even though early dollars have the most time to compound. Life gets expensive as competing priorities — marriage, kids, college, car and house payments — crowd out saving. 02:08 – "Die with Zero" and Valuing What Feels Endless Andy shares Bill Perkins' insight from "Die with Zero": when something feels abundant or endless, we don't fully value it — which is exactly the trap with retirement saving that still feels far off. 02:53 – Missed Opportunities, Not Saved Dollars People nearing retirement rarely regret the money they saved; the regret is around opportunities missed. Each year's contribution limit lapses and can't be refilled later. 03:34 – Deathbed Regrets and Living with Balance Andy recalls that the biggest end-of-life regrets are rarely about working harder — they're about relationships, taking risks, and speaking up. The takeaway: plan forward for a long life while keeping balance today. 04:41 – Know How Your Company Match Works Bill urges participants to understand and maximize the match — an instant return, whether dollar-for-dollar or 50 cents on the dollar — and to capture that opportunity every year. 05:06 – When "Just the Match" Isn't Enough Andy raises the flip side: maxing the match may still fall short. The key questions are whether a match exists, what it is, and whether hitting it will actually be enough for your situation. 05:50 – Catch-Up and Super Catch-Up Contributions Bill covers catch-up contributions starting at age 50 and the SECURE 2.0 "super" catch-up for ages 60 to 63. Despite peak earning years, usage is low — roughly 5% of eligible 50-plus savers per the Public Retirement Research Lab, and low teens in Vanguard's How America Saves. 06:49 – Freeing Up Dollars in Your 50s As kids leave home and certain expenses fall away, your 50s can be a window to put more toward retirement — after assessing where you stand on your savings track. 07:39 – The New Roth Catch-Up Rule for High Earners Bill explains the rule rolled out this year: high earners (making $150,000 or more with an employer the prior year) who are 50-plus must make catch-up contributions as Roth. Some savers are balking — even skipping catch-ups entirely — rather than going Roth. 08:19 – Roth vs. Taxable: Why the Rule May Be a Gift Andy points out that money saved outside the plan gets taxed on dividends and gains along the way, while Roth is taxed up front and then grows and distributes tax-free. Bill notes high earners often can't deduct a traditional IRA anyway. 09:16 – The Value of Tax-Advantaged Space and the HSA The brothers highlight the range of tax-advantaged vehicles — 401(k), IRA, and the HSA, the triple-tax-advantaged account tied to a high-deductible health plan that blends the best of Roth and pre-tax. 09:49 – HSAs, Healthcare Costs, and Reimbursing Yourself Later Andy explains why the HSA may be the best retirement vehicle: healthcare becomes a bigger expense with age, and saving receipts now lets you reimburse yourself tax-free years later for big-ticket costs. 11:09 – An HSA Catch-Up Strategy for Couples Bill shares a lesser-known tip: when both spouses are 55-plus, the family contribution plus two catch-ups is allowed — but the second catch-up must go in a separate HSA. IRAs and HSAs can be funded up to the April tax deadline. 11:59 – Planning for Taxes Down the Road Andy notes most people focus only on today's taxes and overlook RMDs and legacy planning. Structuring ...
    Afficher plus Afficher moins
    21 min
  • Headlines, Robots & NAPA: Why Saving Behavior Still Wins

    Headlines, Robots & NAPA: Why Saving Behavior Still Wins
    May 26 2026
    Bill and Andy Bush are fresh off the 2026 NAPA Summit in Tampa and dive into two headlines pulling retirement savers in opposite directions. On one side, Elon Musk says AI and robotics will make squirreling money away for retirement unnecessary within 10 to 20 years. On the other, a new Trump IRA executive order aims to close the coverage gap for the roughly 56 million workers without an employer-sponsored plan — including a 50% Savers Match on the first $2,000 contributed. The brothers weigh the assumptions behind the "abundance" thesis, revisit Social Security's 2033 trust-fund cliff, and remind listeners that access doesn't create retirement success — behavior does. They wrap with takeaways from NAPA, including Andy's technology panel, the rebrand of Retirement Plan University into "401(k)eso," and the industry's pivot from in-plan lifetime income to AI and longevity planning. ⏱ Episode Timeline & Key Topics 00:00 – Welcome & NAPA Recap Setup Bill and Andy open the show fresh off the NAPA Summit in Tampa — more than 1,500 advisors and 3,000 total attendees at the industry's largest retirement-focused gathering. 00:27 – Elon Musk's "Don't Save for Retirement" Quote Musk is quoted saying don't worry about squirreling money away for retirement in 10 or 20 years — it won't matter. The brothers unpack why that headline rattled the retirement industry. 01:22 – Saving as a Behavior, Not a Bet Andy frames saving as a behavior tied to a financial plan — your "North Star." You might drift, but the plan keeps you heading in the right direction regardless of headlines. 02:11 – The Abundance Thesis and Its Big Assumptions Bill walks through Musk's logic: robots replace labor, productivity surges, costs collapse, goods and services get cheap, and a government income arm fills the gap. 02:54 – Will Cheaper Tech Translate to Cheaper Living? Andy questions whether AI-driven cost reductions will actually reach essentials like food and healthcare — and whether any resulting abundance would be evenly distributed. 04:21 – Exponential Innovation and the 2025 Autonomous-Car Prediction A flashback to a 2015 conference forecast that most drivers would be hands-off by 2025 — a reminder that transformative-tech timelines are usually optimistic. 05:47 – Healthcare, Longevity, and Costs That Don't Disappear Even in a high-productivity future, aging, long-term care, and healthcare costs still require dedicated planning. Tech doesn't repeal longevity risk. 06:07 – Robotics in the Home and Long-Term Care Andy sees real promise in robotics for elder care — lifting fallen seniors, supporting daily tasks — but notes cost and functionality are still well short of household-ready. 07:23 – Don't Stop Saving Because of a Headline Even if Musk is directionally right, the timeline is uncertain. The takeaway: don't pivot your plan based on a soundbite. And don't stop believing. 07:50 – The Trump IRA Executive Order Bill introduces the newly announced Trump IRA, designed to close the coverage gap for the roughly 56 million workers without an employer-sponsored plan. 08:36 – The Savers Match and What It Means A 50% match on the first $2,000 contributed — effectively a reworked Saver's Credit — that meaningfully boosts savings for lower-income workers. Effective in 2027. 09:30 – Social Security's 2033 Trust Fund Cliff If nothing is done, the Social Security Trust Fund is projected to be depleted by 2033, triggering a potential 25% benefit reduction — a bigger hit for lower-income retirees who rely on it most. 10:34 – Access vs. Behavior: What Actually Drives Outcomes Improved access is helpful, but without auto-enrollment or behavioral nudges, retirement success still hinges on participant behavior. Behavior is the lever. 12:46 – NAPA Recap: Andy's Technology Panel Andy shares his experience on a four-advisor panel covering whether technology engages or distracts plan participants and sponsors, and what successful practices are doing differently. 13:54 – 401(k)eso: From Retirement Plan University to a Memorable Brand The story behind rebranding their plan-sponsor education program as "401(k)eso" — born at a Mexican restaurant in Baton Rouge and met with applause at NAPA. 15:25 – AI, Longevity, and Standout NAPA Sessions Bill highlights practical AI sessions for advisor practices and John Hancock's health-versus-wealth longevity discussion as the standouts of the conference. 16:17 – From Lifetime Income to AI: Where the Industry Is Focused Industry attention has shifted from in-plan lifetime income solutions to AI — but the underlying question of making money last a long life still drives every planning conversation. 17:08 – Wrap-Up & How to Reach the 401(k) Brothers Bill and Andy close with contact info — and a reminder that they're brothers, but not twins. ✅ Key Takeaways Quick Reference Don't change your plan based on a headline — anchor saving behavior to your ...
    Afficher plus Afficher moins
    18 min
adbl_web_anon_alc_button_suppression_t1
Aucun commentaire pour le moment