3 Retirement Moves You Can’t Afford to Get Wrong
This fresh look at retirement planning highlights the importance of outpacing inflation, getting educated, and making smart decisions about when to claim Social Security. […]
Tag: social security
Mailbag: Your Questions About Social Security, Roth Conversions, Rollovers & More!
In today’s episode, we tackle your burning questions about retirement planning. Our first mailbag question comes from Mary, who is concerned about her portfolio’s performance and whether she should start taking Social Security now or wait until age 70. Matt asks about converting large amounts to a Roth IRA in one go. Patrick’s question about rolling over old 401Ks leads to a discussion on the advantages of consolidating accounts into an IRA. Finally, Ronnie asks whether it’s a good idea to have investments, taxes, and legal documents handled by the same firm. […]
Mailbag: Retirement Dates, RMDs, Social Security & More!
We’ve got four great questions that we’ll cover in today’s mailbag episode. Tony asks whether, as a pastor, it’s advisable for him to opt out of Social Security. David’s wife is nine years younger than him, and he wonders if he should take out a large insurance policy on himself. Tune in to see what you can learn from these real-life scenarios! […]
A Comprehensive Dismantling Of 2023’s Top Social Security Myths
Have you ever wondered if the Social Security system will run out of money before you retire? Or if claiming benefits as soon as you’re eligible is the best decision for your financial future? In this episode, we’ll be debunking common myths about Social Security and answering the questions you’ve been curious about. […]
Mailbag: Do I Need Life Insurance?
We will be answering some listener questions on this episode. We will talk about some annuity considerations, how to know if life insurance is a good fit for your plan, and why social security planning is crucial for your retirement. […]
Mailbag: Should I Take The Monthly Pension Or Lump Sum Payout?
The Fork In The Road We always love answering questions from our loyal listeners. Today, we’ll dive into questions like: how long should I wait to take social security? Do I turn my monthly pension into a lump sum payout? Am I better off with two brokers or one? Click the play button to listen […]
Mailbag: Is It Wise To Go Back To Work After A Major Health Event?
It’s another mailbag edition of the show! Today, we discuss possible ways to plan a retirement in a unique family situation, going back to work after a major health event, and concerns about the stability of social security. […]
Why The Final Decade Of Work Is So Important
The last decade of your working life is a very important one from a retirement planning perspective. Let’s talk about some of the things you want to be sure you address during that 10-year period. […]
Episode #2: Mailbag: Ex-Husband’s Social Security, Tax Changes, Long Term Care, And Living On A Forced Budget
The mailbag edition of the show gives us the chance to answer questions from folks like you around the Rockford area. We’ll field questions about drawing social security from an ex-spouse, adjusting to the recent changes in the tax code, and whether it’s possible to get long term care coverage without long term care insurance. Plus, Carrie has a question about an advisor who is “forcing” her to live on a budget. Do advisors often have rules and limitations they push their clients into? We’ll ask Barbara if that’s norm. […]