Financial Pathway Nate Skelly

How often should I reevaluate my investment strategy? (1:30)

How much can I safely withdraw from my retirement account? (6:48)

Can churches give a tax-free gift to their pastor at retirement? (15:50)

Law of diminishing returns in your personal finances (21:56)

When is it ok to withdraw from my IRA? (32:34)

Thoughts on IULs (indexed universal life insurance) (38:18)



Links:

https://www.clergyfinancial.com/is-a-pastors-retirement-gift-taxable/



https://pastorswallet.com/are-gifts-to-retired-ministers-taxable/



https://www.honestmath.com/iul

- Summer is here! How much should you allocate for yearly getaways?

- Social Security reserves are projected to be depleted by 2033, then what?

- Jim Simons ran the Medallion Fund for 30 years with a staggering 66% average annual return!

- The case for why Americans are overestimating how good of an investment real estate will be in the future

Years ago, Warren Buffett stood in front of a room of college students and offered them a simple thought experiment - instead of investing in a stock, what if you could invest in one of your friend’s and get 10% of their income for life? Who would you choose and why? 

The 2024 Presidential Election is fast approaching, and many important economic questions remain unanswered.



With all this political uncertainty, is now the time to be making strategic changes to your investments?

A quick roundup on some of the most interesting articles this month...



- 14 States Where You Can Still Buy a Home if You Make Less Than $75,000

- Trillions of cicadas will emerge this summer in the largest insect emergence in centuries

- How the Interstate Highway System Transformed American Industry

- Most Americans Would Rather Be Happy Than Rich

In her famous article "Regrets of the Dying", palliative nurse Bronnie Ware outlines the 5 most common regrets people express at the end their life.



https://bronnieware.com/blog/regrets-of-the-dying/



Paul Graham took inspiration from her article and developed "Five Commands for Life" as an antidote to a life of regret.