The last thing anyone wants is a tax surprise when they file their taxes. We explore in this show the many different tax bombs that might come up during the year. These surprises might be from not taking enough withholding's from wages or income. Other tax surprises can be from gambling, sale of a rental property, missing an RMD, taking out distributions from qualified and non-qualified accounts and inheritance, just to name a few.

Do you ever feel like you need a guide to help navigate your retirement? Retirement can be scary, but it doesn't have to be! Listen in to learn more about creating a RELIABLE and LONG-TERM retirement and download your COMPLIMENTARY Retirement Income Toolkit.

Most financial topics are fact based, today we are going to discuss feelings about finances. We will tackle this by talking about financial well-being and ways to help achieve it.

This show examines several realities about retirement that are sometimes forgotten or not followed. Earn more and spend less and save the difference for retirement. Beware of the inherent reality that we cannot always control where financial set backs and health care challenges or other life experiences might lead us. Let us know how social security works and understand the best timing of when to take my benefits to assist in my retirement.

This show examines several realities about retirement that are sometimes forgotten or not followed. Earn more and spend less and save the difference for retirement. Beware of the inherent reality that we cannot always control where financial set backs and health care challenges or other life experiences might lead us. Let us know how social security works and understand the best timing of when to take my benefits to assist in my retirement.

Understanding what an IRA is and the different types and what is best for your retirement savings is discussed in this show. With a Traditional IRA you put away pre-tax savings with growth in the account being tax deferred until withdrawals are made. A Roth IRA is being taxed upfront on contributions that then grow tax free for later (at least 5 years) withdrawals void of taxation.

The Secure Act, The US House of Representatives passed "Setting Every Community Up For Retirement Enhancement Act on June 20, 2019 as a way to enhance and encourage retirement savings. In this show we highlight 8 of the 29 provisions of the Act we feel with greatly help people.

Wealth building isn't about get-rich-quick schemes or chasing the trends in the stock market. Often, it comes down to making the right financial decisions, big and small, over and extended period of time. Our simple three step process includes: Make money buy earning it through consistent sources of income. Save some of it through a proactive and consistent saving plan. Invest your savings with an investment mix that matches your risk tolerance and long-term strategy.

A lot is entailed when preparing for retirement and mistakes are sometimes unavoidable. It is important to be aware of helpful ways to prepare for retirement and what to avoid.

Since 2017 we have seen a large uptick in the US of people investing some of their retirement in Fixed and Fixed Indexed Annuities. This show explores why and explains what these type of annuities are and how they can benefit baby boomers and retirees in their retirement planning. Listen as we discuss the uses of these type of annuities that include the guarantees and riders that people are liking for some of their buckets of retirement dollars.