Shawn O’Keefe mulls over a recent index that ranks America 29th out of 48 countries in different measures on retirement. Shawn explains the difficulties the U.S. faces and steps people can take to better prepare for retirement, including certain annuities and what they offer. Shawn also talks about his family’s Thanksgiving plans and his favorite dish.

To connect with Shawn and find out more information, visit www.gosummitwealth.com

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Shawn O’Keefe discusses the effect that the election’s results can have on the market and how people can brace for that and should not freak out over any one particular result. Shawn also talks about a recent Gallup poll on how Americans feel worse off than they did in 2020 and some factors that play into that feeling. Shawn explains why diversification is a great strategy in retirement, no matter the environment.

To connect with Shawn and find out more information, visit www.gosummitwealth.com

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In this episode of The Retirement Summit, Shawn O'Keefe covers the last six strategies to minimize tax burdens during retirement. Be sure to check out the previous episode to hear the first six!

To connect with Shawn and find out more information, visit www.gosummitwealth.com

See omnystudio.com/listener for privacy information.

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Shawn O'Keefe addresses the first six of 12 strategies to minimize tax burdens during retirement. These include tax deferral, IRA management, tax loss harvesting, asset allocation, qualified charitable distributions, and managing withdrawals to optimize tax brackets. The conversation emphasizes the importance of having a comprehensive plan and working with a knowledgeable advisor to navigate the complexities of retirement taxes.

To connect with Shawn and find out more information, visit www.gosummitwealth.com

See omnystudio.com/listener for privacy information.

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Shawn O'Keefe discusses the significant impact of inflation on retirement planning. He emphasizes the necessity of strategic planning to counteract inflation's effects on purchasing power and the importance of growing assets at a rate that outpaces inflation. The conversation also covers the need for a diversified investment portfolio and the importance of planning for various market conditions and unexpected expenses in retirement.

To connect with Shawn and find out more information, visit www.gosummitwealth.com

See omnystudio.com/listener for privacy information.

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In this episode of the Retirement Summit podcast, Shawn O'Keefe discusses the importance of lifestyle retirement planning. They explore the various factors that influence retirement, including income sources, expenses, and lifestyle choices. Shawn outlines the four peaks of retirement planning: retirement income, asset growth and protection, long-term care, and wealth transfer. The conversation also addresses the six stress points of retirement, including taxes, inflation, market volatility, and longevity, emphasizing the need for a comprehensive retirement plan.

To connect with Shawn and find out more information, visit www.gosummitwealth.com

See omnystudio.com/listener for privacy information.

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Shawn O'Keefe discusses the critical aspects of managing a 401k during retirement. They explore the transition from accumulation to distribution, emphasizing the importance of financial planning and the role of a financial advisor in navigating this complex phase. The conversation highlights various investment options, tax strategies, and the need for a tailored approach to retirement planning to ensure financial security and growth.

For more information go to www.gosummitwealth.com

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In this episode of the Retirement Summit podcast, Shawn O'Keefe discusses the 4% rule, a guideline for retirement withdrawals. They explore its relevance in today's financial landscape, the impact of inflation on retirement savings, and the importance of personalized financial planning. The conversation emphasizes the need for individuals to consider their unique circumstances and the value of professional guidance in achieving a fulfilling retirement.

For more information go to www.gosummitwealth.com

See omnystudio.com/listener for privacy information.

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This episode revolves around the topic of social security and retirement planning. Shawn O'Keefe discusses the advice given by Dave Ramsey to claim social security benefits early and invest the money in mutual funds. They also touch on the importance of individualized retirement planning, considering factors such as lifestyle, expenses, income sources, and investment options. The conversation highlights the need for professional financial advice to navigate the overwhelming amount of information available online. Other topics discussed include the potential future of social security, the impact of inflation and taxes on retirement income, and the importance of a comprehensive retirement plan.

For more information go to www.gosummitwealth.com

See omnystudio.com/listener for privacy information.

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In this episode, Shawn O'Keefe discusses the deferred tax strategy and how it can benefit individuals who have highly appreciated assets. They provide examples of how this strategy can be applied to real estate, businesses, and other assets like cryptocurrency and collectibles. They also explain the process of deferring taxes through a specialized trust and the potential for generational wealth transfer. The conversation highlights the importance of educating individuals about this strategy, as many CPAs and tax attorneys are unaware of its existence. The episode concludes with information on how listeners can learn more and schedule a consultation.

For more information go to www.gosummitwealth.com

See omnystudio.com/listener for privacy information.

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