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Alan reminds us that, even though you may choose to work in your seventies, there are still retirement planning considerations. Among those are how it will work with your RMDs, Social Security claiming strategies, and how working could impact your tax situation. He also addresses the fear of running out of money in retirement with moves to consider to help make your money last. Those include creating a floor, bucketing your money, making systematic withdrawals, and using account sequencing. Alan also points out some retirement planning mistakes to avoid in December with the end of the year approaching.
You can reach Alan Cantrell by calling 479-935-9767.
Retirement Strategies Group of Northwest Arkansas
See omnystudio.com/listener for privacy information.
Alan reminds us that, even though you may choose to work in your seventies, there are still retirement planning considerations. Among those are how it will work with your RMDs, Social Security claiming strategies, and how working could impact your tax situation. He also addresses the fear of running out of money in retirement with moves to consider to help make your money last. Those include creating a floor, bucketing your money, making systematic withdrawals, and using account sequencing. Alan also points out some retirement planning mistakes to avoid in December with the end of the year approaching.
You can reach Alan Cantrell by calling 479-935-9767.
Retirement Strategies Group of Northwest Arkansas
See omnystudio.com/listener for privacy information.