Being ready for future taxes takes a plan. We discuss on the program today ways to strategize within your retirement plan. We will break down ways to keep your retirement savings as safe as possible. Procrastination can really impact your retirement plan, we chat about what not to put off.   If you have any questions reach out to SDP Personalized Planning's Scott Phillips and Steven Cox 800-940-9616   Taxes, Retirement, Savings, Plan

We point out some retirement advice that is dated and then many still follow. New year approaching and changes are on the horizon for retirees The Scott and Steven dig in. What risks are you facing as you head towards your retirement? Answers to this question are coming up.   If you have any questions about retirement planning please contact SDP Personalized Planning 800-940-9616.   Retirement, advice, stocks, Socialsecurity, risk

Market volatility is the opening topic in this podcast. Scott and Steven outline ways a market correction could impact your retirement along with tips to help keep your plan strong in the event of a correction of worse. What's the key to protecting your savings from a crash and what are your best investment strategies? They also talk about simplifying your entry into retirement and go over some of the financial gaps that could impact your planning.

 

To connect with Scott Phillips & Steven Cox, and the team at SDP Personalized Planning, just call (800) 940-9616.

 

Volatility, markets, inflation, taxes, gaps

There is an art to properly withdraw from your retirement accounts and, if not done properly, it could cost you money. Scott & Steven discuss the right order in which to approach your withdrawal. They also look at some red flags that could warn of adjustments needed to your current retirement thinking and they offer some tips to give yourself confidence in spending in retirement.

To connect with Scott Phillips & Steven Cox, and the team at SDP Personalized Planning, just call (800) 940-9616.

Withdrawal, strategies, spending, RetirementRedFlags

 

 

 

The 5.4% rise in the consumer price index in the last year marked the highest inflation in almost 13 years. If you remember the soaring, double-digit inflation rates of the 1970s, you may be worried now.

 

In this episode, Scott & Steven discuss ways to stress test your retirement nest egg and offer action steps to take to relieve the stress.

 

To connect with Scott Phillips & Steven Cox, and the team SDP Personalized Planning, just call (800) 940-9616.

Inflation, Retirement, nest, egg

Market volatility is the opening topic in this podcast. Scott and Steven outline ways a market correction could impact your retirement along with tips to help keep your plan strong in the event of a correction of worse. What's the key to protecting your savings from a crash and what are your best investment strategies? They also talk about simplifying your entry into retirement and go over some of the financial gaps that could impact your planning.

 

To connect with Scott Phillips & Steven Cox, and the team at SDP Personalized Planning, just call (800) 940-9616.

 

Volatility, markets, inflation, taxes, gaps

 

There are many parts to SECURE Act 2.0. It's not clear what will be in the final bill but most agree it will be passed in some form by the end of the year. In this episode, Scott and Steven take a look at both proposals.   Also in this episode, Hindsight is 20/20. We discuss some of the biggest things retirees wish they did differently.   To connect with Scott, Steven, and the team at SDP Personalized Planning, just call (800) 940-9616.

The rules on inheriting a 401(k) or IRA are based on your relationship to the person who died. If you make a mistake here it might be near impossible to undo it. Learn strategies on how to properly make this transition happen as well as how to deal with unplanned retirement.   Retirement coming earlier than expected can seem overwhelming. This is exactly why you have a planner to help reassess, reevaluate and reinvigorate your portfolio.

To connect with Scott, Steven, and the team at SDP Personalized Planning, just call (800) 940-9616.

Holding Bitcoin or other cryptocurrency in a retirement account can make sense due to the tax issues associated with digital assets. Let's see how it could fit into your retirement portfolio.

Scott and Steven will also dig in and outline several withdrawal strategies that could help you avoid costly tax traps and keep more of your retirement dollars.

To connect with Scott, Steven, and the team at SDP Personalized Planning, just call (800) 940-9616.

Inflation is reaching highs we haven't seen for about 13 years. If you're in or near retirement how is that going impact your current plan? In this episode, Scott and Steven outline just what higher inflation means for retirees.

We've also got some great tips to keep your finances it tip top shape as you move to and through retirement including how to arrange your retirement assets so that you have consistent, dependable income.

To wrap it up, Scott and Steven will be discussing some need to know 'Do's and Dont's' as your heading into retirement.

To connect with Scott, Steven, and the team at SDP Personalized Planning, just call (800) 940-9616.