Andrew Marshall Financial, LLC

ChatGPT Retirement Planning Input Table

Andrew Marshall — Thu, 24 Jul 2025 20:14:01 +0000

The table below gives a list of data needed by ChatGPT to do a first-pass at determining if / when you can retire. Use the following link to download a pdf with the inputs listed and a space for you to write in and organize your inputs before uploading to ChatGPT. ChatGPT Retirement Plan Inputs List…

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How to Handle a Brokerage Account with 100s of Stocks

Andrew Marshall — Tue, 29 Oct 2024 00:05:01 +0000

I wrote this blog post to help those of you who are reaching retirement age and own a lot of individual stocks in your brokerage account, and you are not sure what to do with them. Not knowing what to do, not having a strategy, can be paralyzing and you may be unable to sell anything or move your accounts. You are likely worried about the capital gains taxes you will trigger if you sell…

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Keep Asset Classes Separate When Investing in Retirement

Andrew Marshall — Mon, 29 Jul 2024 20:27:07 +0000

This is a written summary of a video I posted on YouTube. Recently, I worked with a client couple who were considering using Schwab Intelligent Portfolios, a Robo-advisor, for managing their retirement funds. This got me wondering whether using a Robo-advisor or all-in-one self-rebalancing fund is indeed the best strategy for retirees, or if a more traditional approach of managing…

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Intro to Bonds

Andrew Marshall — Mon, 22 Jul 2024 22:49:10 +0000

I have had a few new clients recently tell me they do not understand bonds and therefore have not invested in them. They are currently invested in money market funds or CDs, instead of bonds. This post should explain how bonds work and why investing in them is a good idea. Basically, a bond is an IOU. Government entities or companies issue bonds. The purchaser gives the government entity or…

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End of Year Capital Gains Strategies

Andrew Marshall — Thu, 14 Dec 2023 21:39:30 +0000

Links to 2023 Mutual Fund and ETF Year End Distributions The following links take you to the details of funds that are paying out capital gains or dividends in 2023. American Funds by Capital Group Blackrock and iShares Mutual Funds iShares ETFs (there are only 4 with distributions) Janus Henderson 2023 Per Share Distribution Amounts Vanguard 2023 Year End Distributions …

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Where to Find an Hourly Financial Planner

Andrew Marshall — Wed, 02 Aug 2023 15:53:55 +0000

Do you want objective financial advice? Are you comfortable managing your own investments at Fidelity, Schwab, Vanguard, or others? Then you should consider hiring an hourly financial advisor when you need advice. Finding a financial advisor or a financial planner who will charge solely by the hour for their time spent is not an easy search. There are many advisors who will tell…

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What are Tax Efficient Withdrawals in Retirement?

Andrew Marshall — Wed, 12 Jul 2023 23:23:49 +0000

The definition of tax efficient withdrawals in retirement means correctly managing which account type your investments are in, when to pull from these accounts, and whether you should convert some of your tax-deferred accounts to Roth IRAs to reduce your overall tax burden. Making tax efficient withdrawals after you have retired comes down to the differences between how each account type is…

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Benefits of Using an Hourly Fee-only Financial Planner

Andrew Marshall — Mon, 26 Jun 2023 13:22:34 +0000

As you investigate financial advisors and the various methods financial advisors and financial planners use to charge for their services, you should become aware of the benefits of using an hourly, fee-only financial planner. There are two big conflicts of interest in financial advice. The first is assets under management fees or A.U.M. fees for short. The conflict of interest in this type of…

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Actual Numbers for Social Security Income Amounts at 62, 67, and 70

Andrew Marshall — Tue, 23 May 2023 00:37:20 +0000

You’ve probably heard or read that you should wait until age 70 before claiming Social Security. In this blog, I’m going to show you actual numbers, so that you can see just how much of a difference delaying Social Security can make. The details of our scenario are Diane is turning 62 in November and retiring. She is single and has never been married. This keeps the scenario simple because…

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My Favorite Stock ETF is OMFL

Andrew Marshall — Wed, 22 Mar 2023 23:37:51 +0000

Currently, my favorite stock ETF is the Invesco Russell 1000® Dynamic Multi-Factor ETF. The ticker symbol is OMFL. Let’s go through the name of this ETF and see what each of the parts means. Invesco is a large investment company which manages this fund. They manage $1.4 trillion dollars in all their funds combined. Russell 1000 is a stock index. You’ve probably heard of the S&

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