On the Money with Secure Money: Episode 137
An investment plan is what most of us do while we’re working. We’re contributing to our company retirement plans like a, 401 K, a, 403 B, A, TSP, a, 457, plan. There’s all different types of company retirement plans. You also may be contributing to an IRA or a Roth IRA, and you’re investing for a long period of time, because you might start doing this when you’re in your early 20s, maybe your early 30s, and you’re constantly contributing every time you get paid.
On the Money with Secure Money: Episode 136
Welcome back to On The Money with Secure Money with Brian Quaranta of Secure Money Advisors. I’m Rebecca Powers, a long-time news anchor retired, and now I am a happy consumer advocate, and I love doing this show, because you have so many people committed to your office, to your cause. It’s about education. You’ve got women, you’ve got older men, you’ve got this young gentleman comes from a law enforcement family. You cover all the bases. It’s about long-term relationships. So, when people have questions like, what planning should I do at the end of the year to manage my taxes? Brian, yeah, you’ve got this whole plan. You can go through the different scenarios.
On the Money with Secure Money: Episode 135
Welcome to this week’s edition of on the money with Secure Money with Brian Quaranta. Of course, he is the CEO and founder of Secure Money Advisors. What they do is in the name. It is in the name of the show. It is all about securing your money. Great to see you, and thank you for dragging Maggie in.
On the Money with Secure Money: Episode 134
You have to know how much income you will need to last you the rest of your life so you can sleep well at night and not worry about that. Social Security was it meant to be taxed when it was created? Why is it taxed? And how does that affect your overall retirement?
On the Money with Secure Money: Episode 133
We’re always talking about the roadmap to retirement. How do you get there? How do you see a clear, easy path? Brian wrote this book, and he wants each and every one of you to have a copy of it, so definitely give us a call during this broadcast.
On the Money with Secure Money: Episode 132
Well, first off, we’re always going to have major world events going on, major economic events going on, that’s never gonna go away. So, if you’re getting ready to retire, and you plan on living, you know, a great retirement for the next 30 years, you’re gonna see a lot over the next 30 years.
On the Money with Secure Money: Episode 131
So, we have to look at the tax rate because we need to see what your net income is going to be after taxes. Once we understand what your net income is, we apply the expenses. And then we can see after expenses, what you have leftover. And now that’s really where the planning starts.
On the Money with Secure Money: Episode 130
First off, what we don’t, what a lot of people don’t understand is that bonds are risky, just like stocks are risky, bonds can lose money. You know, last year, I believe bonds were down about 17%. So that’s a big loss to take and something that you probably were going into to be safe.
On the Money with Secure Money: Episode 129
So, you put, put 100,000 It grows to a million you pull it all out, you got 600,000. Okay, well, if I use the Roth portion, instead, I put the 100,000 and it grows to a million, I pull out the million, I have a million. That’s the benefit of the Roth, it’s all tax free.
On the Money with Secure Money: Episode 128
Now, some advisors might recommend well, we’ll keep like a year’s worth of cash aside so that when the markets down, we don’t have to take from the market account we can take from the cash. Okay, well, what happens if the markets down more than a year? What happens if it’s down more than two years? That’s happened before.