In this episode of the Common Sense Investing Show, Steve Ringo sits in for Victor McClure to shed light on the vital topic of taxes as we approach the potential expiration of the 2017 Tax Cuts and Jobs Act. Steve dives into what these changes could mean for individuals nearing or already in retirement, discussing the substantial impact on required minimum distributions, investment withdrawals, and estate planning. He offers strategic advice on maximizing deductions, considering Roth conversions, and optimizing income sources to ensure you're prepared for any potential tax hikes.

Midway through the episode, Steve shifts the focus to President Trump's proposed tax reforms, which include eliminating taxes on social security, tips, and overtime pay. These changes, if enacted, could provide significant relief for retirees. Steve also emphasizes the importance of having a robust retirement plan in place, highlighting the risks of waiting until tax hikes are official. The episode rounds off with practical advice on proactive tax planning, ensuring you feel confident and well-prepared for the financial challenges ahead. Tune in to get valuable insights on securing your financial future amidst a changing tax landscape.


For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

In this insightful episode of the "Common Sense Investing Show,"  Victor McClure and Steve Ringo  delve deep into crucial aspects of retirement planning. With over 30 years of experience, Victor answers listener questions and discusses topics including the impact of taxes on retirement savings, the sequence of returns, and the misconceptions surrounding annuities and investment strategies.

Victor highlights the importance of understanding the math behind retirement planning to make informed decisions. He explains how sequence of returns can significantly affect your portfolio and why averages may not reflect true safety. The conversation addresses the importance of having a stress-tested retirement plan that takes into account taxes, market volatility, and inflation. Tune in to learn how to make sense of the numbers and prepare for a financially secure retirement.


For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

In this episode of the Common Sense Investing Show, host Victor McClure, alongside Steve Ringo dive into the critical economic challenges on the horizon for 2025 that could impact your retirement. Victor leverages his extensive 30-plus years of financial expertise to provide plain-spoken, no-nonsense advice on how to prepare for the potential financial uncertainties ahead. The team discusses the current inflationary pressures and their implications on everyday expenses, such as groceries and insurance, and the importance of establishing a reliable income stream to ensure a comfortable retirement.

The conversation also covers strategies for managing retirement income amidst volatility in the market and fluctuating interest rates. Victor and Steve stress the significance of having a comprehensive income plan that can withstand inflation and other economic stressors. They discuss the benefits of diversified income sources, including annuities and fixed income allocations, to ensure financial stability and peace of mind during your retirement years. Tune in for actionable insights and practical tips to help you navigate these challenges and secure your financial future.


For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

In this episode of the Common Sense Investing Show, host Victor McClure, from McClure Capital Wealth Management Companies, is joined by Steve Ringo to break down practical financial strategies. Victor utilizes his impressive 30 years of experience in plain-spoken language to tackle the complexities of managing your finances. The episode delves into strategic tax planning under the current administration, and the benefits of maximizing your 401(k). The conversation offers key insights into how tax planning intertwines with overall retirement strategies, especially under evolving political landscapes in the year 2025.

The discussion further explores the viability of rental properties as a source of retirement income. Victor and Steve provide a thorough comparison of rental property income versus other investments like CDs, emphasizing the importance of evaluating investment returns based on current market conditions rather than historical purchase prices. This episode is packed with actionable advice and real-world examples, making it essential listening for anyone looking to optimize their retirement plan under today's economic uncertainties.


For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Where do you plan to live in retirement? Will you stay in your current home, or will you downsize? Who will inherit your house one day? 

A new study from Freddie Mac says 68 percent of Baby Boomers plan to “age in place.” They want to stay in their current home for as long as possible.

For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Discussing common regrets in retirement such as not saving enough money. Plus, real estate in retirement and areas to be concerned about.

For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Discussing retirement, savings, planning, creating a lasting legacy and scams to watch out for with your finances.

For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Victor and Steve discuss the Winter-time weather, the Windfall Elimination Provision, retirement and financial planning and answer questions about leaving the grandkids inheritance money, monthly expenditures and more!

For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Victor, Steve and Amy discuss end of year rate cuts, looking ahead to 2025, Christmas shopping, Trump-phoria, withdrawal rates, annuities and more!

For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Could our country be facing a “Retirement Savings Crisis"? A recent AARP study showed that 20% of adults at least 50 years old had no retirement savings.

Also, stepping into the boots of Retirement Santa: What retirement scenarios could fall under Naughty or Nice?

For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/