It seems that most people don’t have a clear picture of whether they should contribute to a traditional IRA or a Roth. Let’s discuss how to determine which one is best for you based on who you are.
Continue Reading Ep 13: Traditional Vs. RothAuthor: Jeff Christian
Using Your RMD to Benefit You Tax-Wise
Greetings! I hope that this finds you well and enjoying life! My experience has been that if a retiree hasn’t started taking money out of an IRA until they are “required” to, they don’t need the money and as having to take the distribution triggers income tax, they usually aren’t too…
Continue Reading Using Your RMD to Benefit You Tax-WiseEp 12: Are You Ready to Retire?
A lot of people are unsure if they are actually able to retire. Some worry about leaving a career that they love, while others are concerned if they have enough money to last a lifetime. We discuss reasons why you may feel hesitant to retire and how putting a solid plan together can solve these concerns.
Continue Reading Ep 12: Are You Ready to Retire?Income Tax in Retirement
Greetings! I hope that this finds you well and enjoying life! During your retirement years, it’s important to pay close attention to the income tax consequences of your investment decisions. If you receive a great deal of investment income when retired, for instance, the taxation of your Social Security benefits…
Continue Reading Income Tax in RetirementHow Investments Are Taxed
Greetings! I trust that this will find you well and enjoying life. It’s that time of the year again, it’s tax time. On any investment that is positioned outside of a tax shelter like an IRA or annuity you’re going to pay taxes on interest and dividend distributions. Taxes affect how…
Continue Reading How Investments Are TaxedEp 11: Annuities – What You Really Need to Know
Annuities are a hot topic in the financial industry. Some people talk about how much they love them, while others say to stay away from them at all costs. But which side should you believe? Today Jeff discusses the pros and cons of different types of annuities and how they may or may not provide value for a retirement income plan.
Continue Reading Ep 11: Annuities – What You Really Need to KnowHave You Checked Your Retirement Plan Lately?
Greetings! I trust that you are well and enjoying life. Have you checked your retirement plan lately? It’s generally a good idea to review your employer-sponsored retirement savings plan at least once each year and when major life changes occur. If you haven’t given your plan a thorough review within the…
Continue Reading Have You Checked Your Retirement Plan Lately?Conducting a Home Inventory
Greetings! I trust that you are well and enjoying life. For the most part I write about ideas and issues related to retirement and prudent planning takes many forms. Today I want to write about a form of planning that can pay big dividends under the right (wrong) kind of circumstances.…
Continue Reading Conducting a Home InventoryEp 10: Busting Social Security Myths
Social Security is often misunderstood and ill-planned for costing serious lost opportunity for many Americans. Myths, rumors, and misunderstandings are pervasive in the world of Social Security. In this show, we’ll look to clear up the top 5 misunderstandings about Social Security.
Continue Reading Ep 10: Busting Social Security MythsPlanning How You Spend Your Time in Retirement
Greetings! I trust that this will find you well and enjoying life! In my role as a retirement planner, it has been interesting to observe how some individuals and couples seem to have more quality of life in retirement than others. This occurs for several reasons some financial and some…
Continue Reading Planning How You Spend Your Time in Retirement