On the Money with Secure Money: Episode 109
People are not money managers, they’re doctors, they’re nurses, they’re, they’re union workers. They’re tin workers. They’re iron workers, they’re landscapers, they’re contractors. They do what they do really well. But you’re asking these people now to take their 401, K’s, and now have them figure out how they’re going to generate the retirement that they want.
On the Money with Secure Money: Episode 106
Social Security was only designed to cover about 30 to 40% of your salary. That’s about it. So, you know, it’s a big income drop. Sure. And for most people retiring today, the only guaranteed source of income that they’re going to have is Social Security.
On the Money with Secure Money: Episode 105
And so, by understanding where you are, and then us analyzing where you potentially need to go, we can help minimize risk, and potentially maximize return. But more importantly, help you focus on maximizing your Social Security and other income sources.
On the Money with Secure Money: Episode 104
You can’t control tax brackets. So, if all of a sudden, your tax bracket now goes to 30%, that same $1,000, withdrawal is only going to net you $700 a month. So now you’re going to take to have to take more money out, which now causes the problem of are you going to run out of money later on in retirement.
On the Money with Secure Money: Episode 103
Well, tax planning is really big, because tax planning ties into purchasing power. And when we talk about retirement planning, we really- the main focus is how are we going to get an individual the monthly income that they might need.
On the Money with Secure Money: Episode 102
You know, the way that we define it at Secure Money Advisors is if it can go up in value, or down in value, it’s going to be risky, and you have no control over it. And you have- no matter what you do you have no control over it. I mean, look, you- look at just even the bond market right now.
On the Money with Secure Money: Episode 101
But more importantly, mutual funds, and individual mutual funds or mutual funds and bonds that are typically found in 401K’s those are not products, those are not financial products that provide income.
On the Money with Secure Money: Episode 97
So, the question is, when do you collect your Social Security? And when do you start pulling money out of your retirement accounts. And at secure money advisors, we’ve created a social security and income maximization report that helps you figure out when is the best time to turn the Social Security on.
Episode 206 – Navigating Secure Act 2.0 Provisions
Discover valuable insights for planning retirement under the new provisions for the Secure Act 2.0.
On the Money with Secure Money: Episode 95 – The Importance of Personalized, Ongoing Planning
You’re traveling the world and traveling the country, compared to the person that might just be staying home taking care of their grandkids, and tending to their garden, it’s a different rate, the cost of their living, or the cost of their inflation is much, much different, much because travel is up 40% gas’s up 100%. Right. And it’s costing more to do those things.