Excel in Retirement

Do you know the two types of Fixed Indexed Annuities? There are income annuities and accumulation annuities. David breaks them down into these two categories, but of course there may be some overlap with them. But generally speaking, these are the types.

Accumulation focused fixed indexed annuities do not guarantee a rate of return. You’re participating the growth of an index but you’re not invested directly in the stock market. So, you cannot lose money if the market goes down. If the market goes up you may earn a return. This same concept applies to Income focused fixed indexed annuities, but they come with riders to allow the income portion to grow at a specified rate for a specified number of years.

David explains how both of these annuities work and connects the dots on when to use one versus the other. We'd love to hear from you. You can reach David by calling 864.618.4800

WSJ: The Secret to a Happier Retirement: Friends, Neighbors and a Fixed Annuity

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program.

Have you ever wondered if your financial plan could use a second opinion? On this show David goes over reasons why it may good idea. He gives a list of reasons that you can immediately apply to determine if you should get a second opinion.

David begins by telling a story about how he got a second opinion one time and the impact it had in his life. Also, he mentioned some blue blocking glasses he's using and a Harvard study about them. Check out the links to those below. Then he finishes the show off by going over some current events and explaining how they may impact us financially.

Harvard study

Blue blocking glasses 

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program. Roth IRAs offer tax free income if distributions are taken after age 59-1/2 and the account has been open for at least 5 years. When converting funds to a Roth IRA, ordinary income taxes are due on the amount converted in the same year, and ideally should be paid with funds outside of the retirement plan. A Roth Conversion is a taxable event and may have several tax related consequences. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.

If you have a 401k, then you probably own mutual funds. Maybe you own ETFs too. But do you know what they really are? David's found most people who own them but don't really understand how they work. If you'd like to have a better understanding of both of these investments then this show is for you. David takes you on a short journey that starts with when these funds were created and explains how they evolved. At the end of the show, David gives a strong warning about tax-deferred accounts that you'll want to hear.

Mutual Funds vs ETFs article
Hidden Cost Inside Mutual Funds article
Government Spent $6 Trillion This Year article  

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program. Roth IRAs offer tax free income if distributions are taken after age 59-1/2 and the account has been open for at least 5 years. When converting funds to a Roth IRA, ordinary income taxes are due on the amount converted in the same year, and ideally should be paid with funds outside of the retirement plan. A Roth Conversion is a taxable event and may have several tax related consequences. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.

This week David expands on last week's show where he talked about using a fixed indexed annuity for the bond portion of your allocation. This week he talks about how we have helped some of our clients allocate the equity portion their money. We believe it’s important in retirement to be downside focused first. And it’s important to be nimble in your equity approach, because the dynamics may quickly change. Those who are positioned to adapt to rapid change often come out on top. David explains how we achieve this for our clients.

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program.

You've probably heard about the 60/40 rule in financial planning. Sixty percent of your portfolio is allocated to equities and 40% to bonds. But it's no secret that bonds are not paying too well. In this show David shares how using a Fixed Indexed Annuity instead of bonds may pay off. Also, he explains what an Independent Financial Adviser is and how they operate. This is a super informative show that we believe you'll get a lot of good content out of. Let us know what you think! 


Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program. Roth IRAs offer tax free income if distributions are taken after age 59-1/2 and the account has been open for at least 5 years. When converting funds to a Roth IRA, ordinary income taxes are due on the amount converted in the same year, and ideally should be paid with funds outside of the retirement plan. A Roth Conversion is a taxable event and may have several tax related consequences. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA. 

David talks about financial indicators and what they are telling us. As a financial adviser he is a student of the markets and he studies and observes what’s going on. He does this so our clients don’t have to. We build portfolios that are all weather financial plans.

Last year we were warning our clients about a possible recession. Even if you are evergreen optimist, you had to see that markets can’t continue up in perpetuity. David shares some signs we warned our clients about last year.

It’s important to have an understanding of what’s going on in the financial markets. Now is the time to take action with preparing your all-weather financial plan.

Sources:
Campbell Harvey, a finance professor at Duke 
Yield Curve Inversion
Overnight Lending Rates
2019 Quantitative Easing
Fed Buys Stocks
Fed Buys Corporate Bonds
FANG Driving Index
Robinhood Adds 3 Million New Users
Corporate Debt Issue
Holding Foreclosures Off Market
Labor Force Participation Rate

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program. 

We wrapped up our three-part serious on how to de-risk your financial plan. We end this week by discussing how much deducting $155,000 can cost in taxes. It’s important to have tax diversification in your accounts. 

If all of your retirement savings is in a 401k or IRA you may be vulnerable in a rising tax rate environment. Simply put, we want to help you keep as much of your money in your pocket as possible. When you have a solid financial plan in place it tends to generate peace of mind. 

Picture a day when you no longer have to worry about getting a plan together, but it’s already done.Picture a day when your grandkids run up to you and say, “Grandpa and Grandma, I am so glad you could visit!” 

Picture a day when you have the freedom to travel if you want to travel, relax when you want to relax, and give when you want to give. Together, we can get to that day.

In all of our lives there are things that we’ve put off, thinking “we can always do them later.” That’s not always true.

Now is the time to take the first step. You deserve a great retirement, and a great retirement starts with a plan. You deserve a great retirement that isn’t filled with worry about money. You deserve a great retirement…filled with choices and freedom and joy.

So, give us a call or at 864.618.4800 or shoot me an email at [email protected] and let’s get you on your way…to a great retirement! See you next week!

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program. Roth IRAs offer tax free income if distributions are taken after age 59-1/2 and the account has been open for at least 5 years. When converting funds to a Roth IRA, ordinary income taxes are due on the amount converted in the same year, and ideally should be paid with funds outside of the retirement plan. A Roth Conversion is a taxable event and may have several tax related consequences. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA. 

The "Retirement Danger Zone!" David goes over what this is and how it's important to begin altering the way you invest as your approach retirement. 

This is Part 2 of our How to De-Risk Your Retirement Plan 

If there is one word we are hearing a lot in the news lately, it is “volatile.” We live in some pretty volatile times. Whether we’re talking about world affairs, domestic politics, the election this year, COVID 19,  or people’s reactions to social media posts, we’re in the middle of some of the most turbulent times many of us can remember.  

So what does that really mean?  Well financially, it simply means that with so many things happening so fast, the stock market can go up and down … a lot – much like a roller coaster.

What does that mean for you? 

Well, one question that many of our clients have is, “Will a drop in the market change our reality or our day-to-day existence in retirement?” That’s a great question! David expands on this in this show!

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program.

David Treece starts a three-part series on how to De-Risk Your Retirement Plan. In this episode he goes over the danger of not having enough income in retirement and possible solutions to mitigate this risk. Once we retire, the paychecks often stop, but our bills don’t stop. Having a Written Retirement Income Plan in place is critical to successfully navigating your retirement. David shares how to get started on your income plan in this episode.

4% Rule Article

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program.

This week David goes over current events and explains how to shield your finances from economic disruptions in the stock market like Covid-19. There are tons of pitfalls in retirement planning. You need a trained eye to help you avoid the pitfalls. David, who has worked in the financial services space for nearly a decade, shares some key tips that could help you successfully navigate retirement.

Also, he shares the basics of Medicare and how it works. David simplifies this important spoke on the retirement wheel. Having an appropriate health insurance plan in retirement may be a key to keeping more of your money in your pocket. Discover the basics of Medicare on this show.

First article quoted

Second article mentioned

Third article mentioned

History of Fed Funds Rate

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program. Roth IRAs offer tax free income if distributions are taken after age 59-1/2 and the account has been open for at least 5 years. When converting funds to a Roth IRA, ordinary income taxes are due on the amount converted in the same year, and ideally should be paid with funds outside of the retirement plan. A Roth Conversion is a taxable event and may have several tax related consequences. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.