Retire Texas Style!

If you’re 72 or older, the government makes you take Required Minimum Distributions every year.  RMDs consume a percentage of your retirement assets.  But thanks to new data that shows Americans living longer, the IRS has revised the RMD tables so that they’re at a lesser percentage.  That means fewer taxes to pay.  That seems like good news, right?  Does this change your thinking about the IRA to Roth conversion? 

An annuity is simply a contract between you and an insurance company.  In exchange for a lump sum, it promises periodic payments for a certain period.  Annuities and 401(k)s both can provide long-term savings, tax-deferred growth and probate-free way of passing assets to beneficiaries.  But an article on the NASDAQ market site makes the argument that an annuity is better than a 401(k), especially later in life.  With all the negative press on annuities, is there a change of heart happening here … even on Wall Street? 

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Economists routinely tell us that the biggest retirement worry is running out of money.  But Forbes says there’s another concern that doesn’t get as much attention … and that’s maintaining the same standard of living.  But how do we do that, considering that our retirement income will probably be less than what we earned when we were still working? Kevin explains how his 6 pillars for a successful retirement can help grow and protect your pile of money for retirement so you don't run out of money! 

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If you missed the show this week, you're in luck - hear Steve interview Bill Murray!

Steve had the opportunity to meet and chat with Bill Murray and his brothers (Brian Doyle, Joel, Andy and Johnny) during their "Murray Bros. Caddyshack Charity Golf Tournament" in St. Augustine, FL! 

Bill and the brothers discuss what investments they would avoid, who taught them the meaning of charity, and the best financial advice they were given.  

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Jason Aldean joins the show and shares the secret to his success! Hear Steve share what he says is the secret to his nearly 30 years of success and what he and his team can offer that's different than other financial advisors! 

Call Steve for your Complimentary Consultation!  

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Inflation is giving way to something called “shrinkflation.”  Companies are trying to fight higher prices by cutting corners with their products.  For instance, Doritos bags will now contain five fewer chips.  Crest is putting less toothpaste in its tubes.  And Charmin is cutting 20 sheets from its two-ply rolls of toilet paper. Those planning their retirement can also cut corners.  Some avoid talking to a financial professional, opting instead to ‘do-it-themselves.’  Steve explains why your financial future is NOT a DIY project! 

Call Steve for a Complimentary Income Review! 

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How do you know it's the right time to meet with a financial advisor like Steve? Then, hear Steve share some listener questions!

Call Steve Today for a Complimentary Consultation! 

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Ever heard of the 4% rule?  The idea was with a 50/50 mix of stocks and bonds, you could pull 4% out to live on and not run out of money over a 30-year retirement.  You can still find that rule on the internet today.  But does it take into account today’s huge inflation rate, or should we just throw out the concept altogether? Steve weighs in on the 4% rule and then shares some popular questions from listeners just like you!   

Call Steve Today for a Complimentary Consultation! 

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U.S. News & World Report says there are “financial advisors” … and then there are “retirement financial advisors.”  Hear Steve explain the difference as well as which category he falls into. With over three decades in the financial world, Steve is ready to help YOU cross that retirement finish line! 

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Is it a good idea to set a solid retirement age?  Or should you be more flexible as your nest egg grows? Then, what does Steve tell his clients when it comes to setting their own “end” date?  What are the factors he walks them through? hear Steve explain what a first time meeting with him is like, what to bring and what to expect! 

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Is it time to take drastic steps to protect your retirement savings as the market continues dramatic volatility?  It’s in response to how the Fed is dealing with rising inflation.  Chair Jerome Powell is hinting interest rate hikes could begin as soon as March. But here’s the question – should we “wait out” all this turbulence, or make portfolio changes to help safeguard our retirement future?  Steve weighs in on the current market volatility, the importance of a tax plan in retirement!  

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