Fred discusses measures to help remove the uncertainty of retirement planning.  He addresses the need to plan for longevity, to implement savvy Social Security claiming strategies, and, for those married, good spousal strategies.  He also answers a podcast listener question in “Stump the Guru.”  A listener who claims to be a do-it-yourselfer much of the time is concerned about possibly needing help assessing risk.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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Fred addresses financial challenges many people may be unaware of and discusses ten retirement risks to avoid.  Some include uncertainty about how to deal with income in retirement, debt, longevity risk, and sequence of return risk.  We also play Stump the Guru with Fred answering two questions related to Social Security claiming strategies.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

See omnystudio.com/listener for privacy information.

Fred introduces a new feature to the podcast and that is “Stump the Guru.”  If you would like to have Fred answer your question on the podcast, you can submit at www.moneymattersusa.net.  Just click the podcast tab and then stump the gura.  On this podcast Fred answers a question about required minimum distributions from an inherited IRA and inherited individual Roth.  Fred also offers an in depth look at annuities, the different types, and the pros and cons and then discusses what to consider when a spouse passes away.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

See omnystudio.com/listener for privacy information.

Fred discusses the impact of taxes on retirement and steps to counteract that impact.  He explains how withdrawals from retirement accounts and pensions can be taxed.  He also talks about the calculation of provisional income and how that can make your Social Security subject to taxation.  What are the milestone ages in your retirement journey.  Fred goes over the important ages and even introduces a couple of new ones. 

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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Fred highlights mistakes to avoid in retirement planning including not factoring inflation and longevity, overestimating income, and not finding the balance of conservative and aggressive in investing.  Then he moves into a conversation which points out how retirement of today is different from that of our parents and grandparents.  Certainly, the dwindling away of the private sector pension is included along with longevity, changing habits of how and when we retire, and health care concerns that can come with a longer life.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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Now that it has passed, Fred reviews some of the key provisions of Secure Act 2.0 including the raising of the RMD age, additional catch-up opportunities, and expanded Roth contributions. 

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

See omnystudio.com/listener for privacy information.

Fred discusses unique challenges women face in planning for retirement and much of this can be attributed to the longevity of women.  He also offers good retirement planning tips for 2023 and strategies to consider in making sure you have enough money in retirement.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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Fred covers strategies to implement when in the financial red zone which is five to ten years away from retirement.  These include looking at funding your 401(k) to the max, rethinking your 401(k) assignments, and looking at traditional and Roth IRAs.  He also addresses financial challenges head on like high inflation and possible recession and the need to build, plan, strategize, explore, and review.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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Fred welcomes special guest Warren Hershkowitz, the Chief Marketing Officer and Strategist for with Square Foot Advisors.  The discussion centers around trends and strategies regarding home buying and renting and how it can pay to look at your home purchase more like an investment that can be more predictable.  Strategies discussed span the generations from young parents to empty nesters to retirees. 

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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Fred welcomes special guest Mark Richards who is a loan officer and Retirement Mortgage Specialist of Fairway Independent Mortgage Corporation.  It’s all reverse mortgage on this podcast.  Mark shares great information starting with a definition of reverse mortgages.  He then talks about the qualifications, who is and is not a good candidate, the mindset of today approaching housing wealth, and a couple of case studies involving reverse mortgages. 

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

See omnystudio.com/listener for privacy information.