Opportunity #3…Tax planning
Taxes are the topic of today; when we think about market fluctuations like we’re experiencing now, taxes become an important issue. When markets are up and your IRA, your 401K, and all your investments are growing, it’s easy to look at your pile of assets and worry that the IRS will take a big bite….
Opportunity #2: Safe Money Pays
We’ve discussed the “doom and gloom” of a likely recession ahead of us. Companies are laying off tens of thousands of people, the Federal Reserve is increasing interest rates, and according to the media, the world is going to end. Big and small investors, if they’re wise, have been moving their money from the market…
Opportunity #1: Income Planning
In our last segment, we talked about the “doom and gloom” on the horizon, but ended on a positive note, as we are sharing three opportunities that you can take advantage of to potentially turn your fate around. Around 25 years ago, financial advisors were taught that a proper retirement plan utilized the “three-legged stool”…
Doom and Gloom: Is a Recession Coming?
Today we’re going to explore some tips and tricks to help you through the potential doom and gloom on the horizon as we near the end of the year. The economic market in 2022 has been a grim, down year. We’ll see how the year ends, but we have every indication that a recession is…
Indicator #4…Tax Planning
One of the most important things to me is to help you get to and through retirement with confidence. There are some indicators we’ve been talking about that may tell you that your advisor is not the right advisor for your retirement, and that maybe you need a second opinion. We’ve talked through three of…
Indicator #3…Healthcare
We’ve been talking about retirement advisor indicators. You may have an advisor, but is this advisor a retirement advisor? We’ve given a few indicators that can tell you that maybe they aren’t the right advisor for you and that you might need a second opinion. The reality in our world is that the financial…
Indicator #2…Income planning
We’ve been talking a bit about some things you might consider with your current advisor and when to get a second opinion. You may have an advisor who helped get you to retirement. They probably focused on growth and accumulation. The harsh reality is that this advice is not what I would suggest using for…
How Do You Know if Your Advisor is the Right One for You…
There are four indicators that can tell you whether your financial advisor is the right adviser to help you through retirement. Today we’ll talk about one of them. Several years ago, either MarketWatch or SmartMoney wrote an article with a title that read, “Your Current Advisor is Probably Not the Right Adviser for your…
3 Steps for Recession Protection
We’ve been talking about some of the things you can do to protect yourself in retirement, and when it’s time to get a second opinion. I have some ideas I’m going to share. I’m going to do a top-three list backward. In a previous segment, I shared the story of my brother-in-law Tim, who’s…
Why You Separate Income and Growth in Your Account
It’s tough times out there and I think a lot of people are concerned about their retirements. One big thing that you need to look out for is volatility. Volatility is a fancy word that makes me look smart, but it just means risk. There’s good risk, and there’s bad risk. Good risk is the…