PersCap is Personal Capital which provides free account aggregation as a hook to get you to subscribe to their paid services.
It's a fantastic product (by far the best aggregation service I have seen and I have used 5+) but not zero risk by any stretch of imagination no matter what anybody states.

omg, so weak; are you actually like a teen newby scarifier? From a year ago?
Come on, @stayCalm.
Nothing you list contributes to a "hack" (whatever you think that means) resulting in account draining.
Now. If I aid and abet; am gulled; permit someone effectively to be me, ... ah, well, that's not the same thing, is it?
Thanks for links. The poor reddit guy is useless, taking the same handwaving tack you have. Note the dates !!
\\\ My Schwab account was hacked and about 84,500 was wire transferred to a bank in India. First transfer started on the 8th of this month for 50k, then another for 21k on the 10th and then another for 15k or so on the 13th. They also tried to pull 50k from my bank into Schwab ... I contacted Schwab yesterday ... I never shared my password with anyone and I had a complex password, I also had a pin for my app on my phone.
This is not only good patter but high comedy. As they say, details, please.
And did you read your second link? Seriously? Whose point are you making??
Do better. Show some substance.

In the MFO list of fund CGs (by @TheShadow), est for MAPOX as of 11/10/22 was in 4.93% - 5.50% range. It came out at 5.44%.
https://www.mutualfundobserver.com/discuss/discussion/60074/2022-year-end-capital-gains-distribution-estimates-vanguard-s-final-estimated-year-end-posted/p1
https://www.mairsandpower.com/about-us/company-news/item/163-estimated-2022-capital-gains-and-dividends

@david
I have zero interest in educating you on how brokerage accounts can be hacked, how your account can be wiped and writing an instruction manual on the topic.
I'm not offended if you choose to not believe anything I've stated here but I encourage you to get familiar with e-mail account hack, forgot password, change of registered phone number, SIM hijack, change of address, online submission of wire forms and wire turn around times. Also encourage you to get educated on concepts around crypto, wallets, crypto transfer, speed of crypto transfer, crypto wallet anonymity, Coinbase, how Coinbase works and how to buy crypto within a brokerage.
So you know, I am a pretty heavy user of PersCap so I've accepted the risk. Do tell me your motivation in denying what a brokerage account hack can result in when the topic can be easily researched on Google and when even the SEC issues guidance on the topic and associated dangers.
https://www.reddit.com/r/Schwab/comments/po5d39/my_schwab_brokerage_account_got_hacked_84500_sent/
https://www.investorfraudlaw.com/has-your-brokerage-account-been-hacked

M* says a $5+ distribution, mostly long term cap gain. In adjusted price terms, it was down only 1.64%. Mapox at M* (Click on 'Distributions.')

I have own this fund Long term... off nearly 20% YTD... 10% of my portfolio.
So here the deal. Buy into this fund a little at a time and monitor its performance. It has under performed for the last 5 years so pay close attention. If its performance reverts to it's 10 and 15 year performance you will be in a good position long term.
On a one year basis, I would suggest PRNHX in a better fund to take advantage of the '22 swoon.
My question for buyers, when have we bottomed?
The financial markets still seem attached at the hip with the Fed so until they stop raising rates we will just attempt at guessing how far prices will revert.

https://www.sec.gov/Archives/edgar/data/1124459/000174177322004196/c497.htm
497 1 c497.htm FGT3 P1 121522
FGT3 P1 12/22
SUPPLEMENT DATED DECEMBER 15, 2022
TO THE PROSPECTUS DATED DECEMBER 1, 2022
OF FRANKLIN INTERNATIONAL SMALL CAP FUND
(a series of Franklin Global Trust)
The prospectus is amended as follows:
The following paragraphs are added to the beginning of the “Fund Summaries – Franklin International Small Cap Fund” and “Fund Details – Franklin International Small Cap Fund” sections of the prospectus:
On December 14, 2022, the Board of Trustees of Franklin Global Trust, on behalf of Franklin International Small Cap Fund (the “Fund”), approved a proposal to liquidate and dissolve the Fund. The liquidation is anticipated to occur on or about February 22, 2023 (Liquidation Date); however, the liquidation may occur sooner if at any time before the Liquidation Date there are no shares outstanding in the Fund. The liquidation may also be delayed if unforeseen circumstances arise.
At the close of market on January 17, 2023, the Fund will be closed to new investors, except as noted below. Existing investors who had an open and funded account on January 17, 2023 can continue to invest in the Fund through exchanges and additional purchases after such date. The following categories of investors may continue to open new accounts in the Fund after the close of market on January 17, 2023: (1) clients of discretionary investment allocation programs where such programs had investments in the Fund prior to the close of market on January 17, 2023, and (2) Employer Sponsored Retirement Plans or benefit plans and their participants where the Fund was available to participants prior to the close of market on January 17, 2023. The Fund will not accept any additional purchases after the close of market on or about February 17, 2023. The Fund reserves the right to change this policy at any time.
Shareholders of the Fund on the Liquidation Date will have their accounts liquidated and the proceeds will be delivered to them. For those shareholders with taxable accounts and for Federal, state and local income tax purposes: (a) any liquidation proceeds paid to such shareholder should generally be treated as received by such shareholder in exchange for the shareholder’s shares and the shareholder will therefore generally recognize a taxable gain or loss; (b) in connection with the liquidation, the Fund may declare taxable distributions of its income and/or capital gain; and (c) an exchange out of the Fund prior to the Liquidation Date may be considered a taxable transaction and such shareholders may recognize a gain or loss. Shareholders should consult their tax advisers regarding the effect of the Fund’s liquidation in light of their individual circumstances. Participants in an Employer Sponsored Retirement Plan that is a Fund shareholder should consult with their plan sponsor for further information regarding the impact of the liquidation. In considering new purchases or exchanges, shareholders may want to consult with their financial advisors to consider their investment options.
Please keep this supplement with your Prospectus for future reference.

I (think) you're out of luck on that issue, although I could be wrong.
Try this link, @Old_Joe https://www.investopedia.com/articles/retirement/05/012505.asp

There are several parts of the Secure Act 2.0 that improve the current situation on retirement saving.
One is to ensure workers to have access to some form of retirement saving. Many people who work for small business (full time or not) do not have 401(K) plans. Today small business owners do not offer retirement plan to their employees since they bear the cost to a plan administrator such as Fidelity, BlackRock, and others. Outside of 401(k), the $ amount allows in traditional IRA is no where near that amount allow in 401(k).

Nearly half of working-age Americans—57 million people—don’t have access to an employer-sponsored retirement savings plan, according to new AARP research. Workplace plans are by far the easiest, cheapest way to save for retirement, and many Americans who can’t save at work aren’t saving at all.

And there are more that I will add to this as I read further.

@carew388,
The drawdown in March 2020 was sharp and short-lived. There was considerable pressure on Powell to rescue the market. Cutting short term rate to near zero, 0,25% to be exact, while increased the quantitative easing policy (buying bullions $ of treasury and mortgage backed bonds on monthly basis). The stock market recovered within 2 -3 months and ended with a positive gain for the year. Not selling near the bottom and let things come back was the best move in that situation.

If your taxable income after deductions was $0, and there were no other capital gains or losses, then $1,000 tax-loss will offset fully taxable $1,000 withdrawal from T-IRA.
But if you had ordinary income from all sources, net of deductions, of $50K, then $1,000 tax loss will reduce it to $49K. It would be hard to say which part of the income (including $1,000 withdrawal from T-IRA) was offset.

The Primecap funds have certainly endured a few years of bad luck -- POAGX in particular was perfectly positioned to crater when covid struck as it had outsized stakes in things like airlines and cruise lines. Yet the fund is idiosyncratic, that's for sure. All three of the funds have seen significant redemptions, resulting in large capital gains distributions for several years (worsening tax-adjusted performance). Anyone considering a new investment should take a look at the portfolio and be comfortable with the huge chunk of biotech and pharmaceuticals in there. It's almost a healthcare fund.

You bring up some very good points.
Primecap is a benchmark-agnostic firm and tends to favor certain industries.
The following data was gleaned from M* reports published July 2022.
POAGX: ~20% in biotech/pharma, ~13% in semis
VPMAX: ~20% in biotech/pharma, ~13% in semis
VPCCX: ~18% in biotech/pharma, ~11% in semis
Primecap-managed funds may underperform common benchmarks for several consecutive calendar years.
Investors should be prepared for this possibility.
POAGX: lagged Russell Mid-Cap Growth from 2018 - 2021
VPMAX: lagged Russell 1000 and S&P 500 from 2019 - 2021
VPCCX: lagged Russell 1000 and S&P 500 from 2018 - 2021
All three funds had top-decile 10 Yr. and 15 Yr. fund category returns through 11/30/2022.
Primecap-managed funds can generate large capital gains distributions
and are best held in tax-deferred or tax-exempt accounts.

https://www.sec.gov/ix?doc=/Archives/edgar/data/1418191/000141304222001076/fp0081188-1_497ixbrl.htm
Excerpt:
At a meeting of the Board of Trustees of Walthausen Funds (the “Trust”) on December 8, 2022, the Trustees of the Trust approved an interim investment advisory agreement with North Star Investment Management Corporation (“North Star”) under which North Star will assume responsibility as adviser to of the Walthausen Small Cap Value Fund (the “Fund”) on December 15, 2022. Therefore, all references to Walthausen & Co., LLC in the Fund’s prospectus are replaced with North Star. There is no change to the Fund’s investment strategy.
SAI:
https://www.sec.gov/Archives/edgar/data/1418191/000141304222001078/walthsains.htm
North Star Funds:
https://nsinvestfunds.com/

Morningstar and I believe Bengen both used a 50/50 stock bond asset allocation. Maybe I am too risk adverse but I wonder if most new retirees have half of their investments in equities ? I heard an interview with Bengen earlier this year and he had taken some risk out of his portfolio. I am guessing that the research is not based on attempting to time the market with all the risks that would bring.

If anyone is really interested here is the most complete list of SBF contributions that I know of. Lots of GOP guys and girls including $ 3,500,000 to Mitch.
Porkers really lined up at the trough
While we all know that "money talks" it is always instructive to see how politicians say one thing and take money from another.
It is unclear what SBF thought he was getting from all this, and what he wanted in terms of Crypto regulations.
https://popular.info/
Judd at Popular information is an incredibly insightful investigative reporter a who has daily emails about where dark money is going, and who is behind various trends in politics etc.
24 politicians and one PAC pledge to donate or return money from FTX execs
1. Representative Josh Harder (D-CA) received $2,900 from Bankman-Fried. A spokesperson for Harder told Popular Information that he plans to donate the funds to the Stockton Food Bank. 
2. Senator Tina Smith (D-MN) received $5,800 from Bankman-Fried. Her campaign said she “has already donated the campaign contributions from Mr. Bankman-Fried to Planned Parenthood North Central States.”
3. Senator Lisa Murkowski (R-AK) received $5,800 from Bankman-Fried and $2,900 from Salame. Her campaign said that both donations were given to “Storyknife Writers Retreat in Homer, Alaska.” 
4. Senator Joe Manchin (D-WV) received $5,800 from Bankman-Fried. Sam Runyon, a spokesperson for Manchin, told Popular Information that Manchin donated the money to Mountaineer Food Bank in West Virginia, and that he “hopes this donation can provide some relief to those who need it most.” 
5. Senator John Boozman (R-AR) received $5,800 from Bankman-Fried. His campaign said he has “donated those funds to charity.”
6. Senator-elect Peter Welch (D-VT) received $2,900 from Bankman-Fried. In a statement to Popular Information Welch said, “On November 16th, after serious public allegations against Sam Bankman-Fried, I donated the $2,900 contribution my campaign received from Mr. Bankman-Fried to the Warmth Support Program to help Vermonters keep their homes warm this winter.”
7. Representative-elect Morgan McGarvey (D-KY) received $2,900 from Bankman-Fried. McGarvey’s campaign told Popular Information, “We have donated that amount of money to Family Scholar House, a nonprofit in Louisville that provides a range of services, including financial education for disadvantaged single parents and their children in Louisville.”
8. Representative-elect Valerie Foushee (D-NC) received $2,900 from Bankman-Fried. Foushee told Popular Information in a statement, “The situation with FTX is both distressing and unsettling. When I accepted a $2,900 donation from Mr. Bankman-Fried, I was unaware of his illegitimate business dealings. In light of recent developments, I cannot, in good conscience, retain his donation to my campaign, and have since donated these funds to a nonprofit in Chapel Hill, EMPOWERment Inc., whose mission is to serve the community through their steadfast work to provide affordable housing and foster economic development. I sincerely hope that anyone who may have been wronged in this situation will be made right." 
9. Senator Bill Cassidy (R-LA) received $5,800 from Bankman-Fried. He pledged to donate the amount to “an appropriate cause.” 
10. Representative Ritchie Torres (D-NY) received $2,900 from Bankman-Fried. Torres donated the amount to “a local charity to assist with holiday food distributions to families in need.” 
11. Representative Hakeem Jeffries (D-NY) received $5,800 from Bankman-Fried. Jeffries donated the amount to the American Diabetes Association.
12. Representative Josh Gottheimer (D-NJ) received $5,800 from Bankman-Fried. A spokesperson for Gottheimer said he is donating the amount to charity. 
13. Senator Cory Booker (D-NJ) received $5,700 from Bankman-Fried. Booker’s campaign told Popular Information that he “donated the $5,700 contribution from [Bankman-Fried] to a New Jersey-based charity.” 
14. Representative Dave Joyce (R-OH) received $2,900 from Salame. Joyce’s office told Popular Information that he plans to donate the money to the Greater Cleveland Food Bank. 
15. The American Patriots PAC, a group “dedicated to electing conservative heroic veterans,” received $150,000 from FTX. The group told Popular Information that the donation has been returned.
16. Senator Debbie Stabenow (D-MI) received $20,800 from Bankman-Fried. According to Bloomberg, Stabenow plans to “donate the money to a charity in her state.”
17. Representative-elect Becca Balint (D-VT) received $2,900 from Bankman-Fried. According to the VTDigger, Balint plans to donate the funds to “the Vermont-based Committee on Temporary Shelter.”
18. Senator Susan Collins (R-ME) received $2,900 from Bankman-Fried. The Wall Street Journal reported that a representative for Collins said that the funds would be donated to charity. 
19. Beto O’Rourke, the former Democratic candidate for governor of Texas, received $1 million from Bankman-Fried. According to Bloomberg, O’Rourke had already returned the donation to Bankman-Fried before FTX announced its bankruptcy. 
Popular Information previously reported that Representatives Kevin Hern (R-OK), Chuy Garcia (D-IL), and Salud Carbajal (D-CA) donated campaign contributions received from FTX executives. Senator John Hoeven (R-ND), who received $5,800 from Bankman-Fried, also pledged to “give the contribution to whatever reimbursement fund is set up by the bankruptcy court.” Representative David Schweikert (R-AZ) and Senators Dick Durbin (D-IL) and Kirsten Gillibrand (D-NY) also told the Daily Beast they would be donating the funds received from FTX executives.
Largest recipients of FTX cash stay quiet
Many candidates and PACs that received donations from FTX executives did not return requests for comment. This includes some of the top recipients of donations, including the House Majority PAC, which received $6 million from Bankman-Fried; Mitch McConnell’s Super PAC, the Senate Leadership Fund, which received $1 million from FTX and $2.5 million from Salame; the Democratic National Committee, which received $865,000 from Bankman-Fried; the NRCC, which received $184,800 from FTX executives; and the DCCC, which received $156,400 from FTX executives. 
Other major recipients that did not respond to requests for comment include Senator Maggie Hassan (D-NH) ($20,600), Representative Alex Mooney (R-WV) ($11,600), and Representative Ronny Jackson (R-TX) ($10,000). The campaign for Jake Auchincloss (D-MA) ($5,800) declined to comment on the record. 

Forecasting market return is challenging. Some of M* assumption are a bit off. CPI remains elevated and Nov 2022 is at 7.1%, far from the 2,2%. This year the broader bond index, BND, is down -13% in 2022. It will take a few year for bonds to normalize back to 3-5% range.

According to Morningstar Investment Management, the 30-year outlook for various stock categories ranged from 9% to 12% in this year’s research. Expected bond returns rose from 3% to 5%, and of course, inflation expectation jumped from 2.2% in 2021 to 2.8% in 2022.

https://www.sec.gov/Archives/edgar/data/1217286/000119312522305383/d423634d497.htm
JPMorgan Equity Focus Fund
JPMorgan High Yield Municipal Fund
JPMorgan Limited Duration Bond Fund
JPMorgan Sustainable Municipal Income Fund

For me, the change in the rate more so than the actual percentage from this study instils the fact it does matter where in the market cycle you start your retirement.
https://401kspecialistmag.com/morningstar-inches-closer-to-4-with-3-8-safe-withdrawal-rate/

Morningstar has risen its safe withdrawal rate to 3.8%, a stark increase from last year’s 3.3%, according to its latest annual model.
As in their 2021 study, Morningstar analyzed rates using a conservative base portfolio of 50% stock/50% bonds for new retirees with a 30-year retirement horizon and a 90% probability of success, finding that as stocks and bonds improve next year, so will the safe withdrawal rate.

For the week ending on 12/14/22, bearish remained the top sentiment (44.6%; high) & bullish remained the bottom sentiment (24.3%; low); neutral remained the middle sentiment (31.1%; average); Bull-Bear Spread was -20.3% (high). Investor concerns: Inflation (moderating but high); supply-chain disruptions; recession (2023?); the Fed (+50 bps hike; slower pace but higher longer); dollar (reversing); crypto Winter; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (42+ weeks); geopolitical. For the Survey week (Thursday-Wednesday), stocks were up, bonds flat, oil up sharply, gold up, dollar down. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=8&scrollTo=868

Using Yodlee via Schwab vs. using Yodlee or equivalent directly does not offer any additional security. Yodlee is a cloud based service, it can be hacked directly without needing to hack Schwab.
Note that the account credentials you are providing (either to Schwab or Yodlee directly) are traversing the internet from your machine to Schwab and from Schwab to the aggregator. Yes it is encrypted and all that good stuff but it can be hacked including from bad apple insiders (this is how Capital One was hacked)
In a cloud based world, hacking is a lot easier than the pre-cloud world because of the distributed nature of all services. In the age of the internet, security and privacy are not realistically possible. Over the last 5-7 years at least 5+ of my accounts with large corporations have been hacked -- Target, Capital One, Home Depot, Experian, etc..
Hell LastPass recently got hacked, in effect LastPass is the equivalent of an account aggregator but much worse since it has a lot more confidential stuff than just financial accounts.