Avsnitt
-
Are federal employees working longer than they need to? Are they working for “free” and not realizing it? Katherine Groce and Sam Nash discuss the benefits federal workers need to understand when they are saving and planning for retirement. They also share a story regarding a husband that unknowingly left his wife unprotected when choosing between his pension options.
Katherine and Sam also discuss common pitfalls and concerns people have when they are making the transition into retirement.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Ryan discusses the current low tax rates due to the Trump tax cuts and the impending expiration of these rates. He emphasizes the importance of considering Roth conversions as a strategy to mitigate future tax liabilities. The discussion also highlights the necessity of having a tax plan in place for retirement, drawing comparisons to how wealthy individuals manage their taxes effectively.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Saknas det avsnitt?
-
Mike delves into the recent surge in Roth conversions, exploring the reasons behind this trend and the importance of tailored tax strategies. He emphasizes the need for effective tax planning, highlighting that it is not a one-time event but an ongoing process. The discussion also touches on the significance of understanding individual financial situations to make informed decisions about tax efficiency and wealth preservation.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Ryan provides insights into preparing for a first appointment, the importance of understanding the financial planning process, and the mindset needed for retirement planning. He also shares the significance of having a plan for life when entering retirement.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Mike discusses the implications of more interest rate cuts by the Fed, the impact of upcoming elections on economic stability, and strategies for investing amidst market volatility. He highlights the importance of understanding the broader economic landscape and making informed financial decisions, particularly in light of potential chaos surrounding the elections and the debt ceiling.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Mike delves into the upcoming expiration of the Trump tax cuts and the implications for taxpayers, particularly regarding estate taxes and 401k contributions. He emphasizes the importance of proactive tax planning and the need for individuals to understand their financial situations to avoid significant tax burdens in the future.
Mike highlights strategies for maximizing retirement savings and the necessity of diversifying tax strategies to ensure financial security.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Ryan focuses on the future of Social Security, the potential for significant cuts in benefits, and the importance of having a solid retirement plan. He also discusses the political implications surrounding Social Security and emphasizes the need for individuals to take proactive steps in their financial planning, including the use of annuities to secure income in retirement.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Ryan & Lawrence discuss their journeys to becoming financial advisors, sharing personal stories and insights into the importance of financial planning. Lawrence reflects on his background and motivation to help others, while Ryan shares his unexpected path from marine biology to finance. They emphasize the significance of choosing an independent and fiduciary advisor for personalized financial guidance.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Ryan discusses the often-overlooked fees associated with 401k plans and provides actionable strategies for lowering these costs. He emphasizes the importance of understanding the fees you are paying, reviewing your investment options, and seeking independent financial advice to ensure you are not overpaying for your retirement savings.
The conversation highlights the need for financial literacy and proactive management of retirement funds to maximize savings and investment returns.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Mike and Ryan discuss the fundamentals of 401(k) plans, emphasizing their importance in retirement planning. They explain how these employer-sponsored retirement accounts work, the significance of employer matching contributions, and the necessity of understanding fees and investment options.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
A recent study found that 1 in 5 Americans over 65 are still working, not because they want to, but because they have to. Mike and Ryan emphasize the importance of having a comprehensive retirement plan that provides the freedom to choose whether to continue working or not. They discuss the lack of proper advice and guidance that leads to people running out of money and being forced to go back to work.
Mike and Ryan also highlight the need for a plan that ensures a steady income stream in retirement and the option to transfer the risk of running out of money to insurance companies. They challenge listeners to find an investment vehicle that guarantees never running out of money without involving insurance.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Mike and Ryan highlight the benefits of tax planning, such as minimizing tax liabilities and maximizing personal wealth. They also explain the difference between a tax preparer and a tax planner, with the latter providing proactive advice and strategies to optimize tax outcomes.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Mike discusses tax planning and retirement savings rules that have recently changed, including the elimination of required minimum distributions (RMDs) from Roth 401(k) plans and the reduction of penalties for missed RMDs.
The discussion also touches on the importance of tax planning and maximizing the benefits of 401(k)s and IRAs. The conversation concludes with a mention of catch-up contributions for high earners and alternative solutions for tax-savvy individuals.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Ryan discusses how to navigate market volatility and protect your retirement savings. He emphasizes the importance of having a solid financial plan that includes income streams and protection against market downturns.
Ryan also explains the role of emotions in investing and how having a plan can help minimize emotional reactions. The conversation touches on the use of annuities for income generation and the importance of tax planning in retirement.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Ryan discusses the timing of doing a Roth conversion and explores the options of doing one during a market downturn. He highlights the potential tax savings that can be achieved through strategic Roth conversions.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Saving for retirement is important, but it's crucial to consider the tax implications of required minimum distributions (RMDs). Many people are unaware that they must take money out of their retirement accounts at a certain age, regardless of whether they need it or not. This can result in a significant tax burden.
Mike and Ryan discuss how financial advisors often neglect to discuss taxes with their clients, as their focus is on accumulating assets. However, proper tax planning can lead to substantial savings and a more tax-efficient inheritance for future generations. Taking advantage of Roth conversions and other tax strategies before the 2026 sunset provision is crucial.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Ryan discusses the parts of a financial plan that need to have a mid-year checkup leading into retirement, including retirement contributions, asset allocations, tax loss harvesting, and estate planning.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Mike discusses the frustrations with RMDs and fees associated with retirement accounts, and why tax planning is important when building a retirement plan. Mike highlights why in-depth tax planning is necessary to potentially achieve a 0% tax bracket in retirement.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Mike dives into how required minimum distributions work and how they can possibly lead to higher tax brackets in retirement. He emphasizes the need to minimize taxes and create tax-efficient income streams.
Mike also touches on the challenges of managing RMDs and the penalties for not taking out the correct amount.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
-
Mike and Ryan discuss the DOW Jones recently breaking the 40,000 mark and the impact of market fluctuations on retirement planning. They emphasize the importance of tax planning and taking control of tax bills during retirement.
Mike and Ryan also cover strategies for minimizing tax liabilities and optimizing income from the sale of a business.
Want to begin building your retirement plan? Schedule a call with us here: 📅 https://bit.ly/3Rq2d9i
Follow us for more helpful insights:
🖱️ Facebook- https://bit.ly/3PmJcSt
🖱️ LinkedIn- https://bit.ly/44T88a9
🖱️ Twitter- https://bit.ly/3PHxqDJ
See omnystudio.com/listener for privacy information.
- Visa fler
