Wealth Training Academy with Ed Storer

Taxes follow you into retirement.  How do you make sure you pay only your fair share?  Ed addresses many things to consider regarding taxes in retirement such as lost tax deductions, income strategies, Social Security tax rules, and components that are and are not subject to taxation.  He stays on the tax theme with looking at the proactive strategy of utilizing the Roth IRA and then covers risks in retirement from longevity to health care and sequence of returns risk.

You can reach Ed Storer and the team at 800-563-7030.

The Wealth Training Academy

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Ed welcomes family and estate law attorney Ken Shabel back to the studio with the overall topic of estate planning.  Ken explains the importance of having a will, a living will, and a Power of Attorney and Health Care Power of Attorney.  He breaks down advantages and possibly disadvantages of the trust you would choose to have.  He also explains how daunting the probate process can be.

You can reach Ed and the team by calling 800-563-7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.

Ed welcomes family and estate law attorney Ken Shabel back to the studio with the overall topic of estate planning.  Ken explains the importance of having a will, a living will, and a Power of Attorney and Health Care Power of Attorney.  He breaks down advantages and possibly disadvantages of the trust you would choose to have.  He also explains how daunting the probate process can be.

You can reach Ed and the team by calling 800-563=7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.

Does cryptocurrency belong in your retirement portfolio.  Ed takes a close look at crypto and if or how to include it in your plan.  He covers retirement planning strategies for those who started a little late and stresses that retirement planning of today is different from that of our parents’ generation.

You can reach Ed Storer and the team by calling 800-563-7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.

The Wealth training Academy investments coach Scott Wright joins Ed Storer in the studio.  Topics include not just riding blue chips, always being prepared for what life throws your way, thinking ahead, and having a portfolio that takes into account all market situations.

You can reach Ed Storer and the team by calling 800-563-7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.

Ed holds class on the podcast and covers taxes by sharing a case study of building in planned tax strategies for a client couple and seeing those come to fruition.  He also takes a creative look at what can be considered additional income streams in retirement. Then the discussion turns to fears faced by many retirees and how to allay those fears and concerns.

You can reach Ed Storer and the team by calling 800-563-7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.

Do you have the right answers to important questions to help determine if you are ready for retirement?  Ed covers three of those questions.  Roth IRAs are part of the discussion and the proper legacy strategies with a Roth plus mistakes to avoid.  Ed displays how the little things in retirement savings could make a big difference and offers some simple tips.

You can reach Ed Storer and the team by calling 800-563-7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.

The distribution phase of retirement can be complicated.  Ed covers some retirement distribution strategies to consider.  He covers some important things to consider while utilizing your 401(k) and good strategies with that and other retirement saving tools and options.  What are red flags you may be missing on your road to retirement?  Ed goes over a list of those and offers some solutions that could help you get back on track.

You can reach Ed Storer and the team by calling 800-563-7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.

There are many people who may want to give “well-intentioned” but questionable tips on retirement.  Ed stresses the importance of consulting a professional before making any decisions and he covers some commonly given questionable advice.  He also covers how retirement planning can be different for women and he highlights some retirement mistakes to avoid.

You can reach Ed Storer by calling 800-563-7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.

Rules of thumb are approximate methods for doing something and certainly may need to be tweaked to adapt to changing times and situations.  Marty discusses some investment and retirement rules of thumb everyone should know.  He also breaks down retirement planning for couples and how each spouse may view retirement differently.   He then covers much of what needs to be considered for retirement planning and how the strategies and line of thinking could be unique to that stage of your life.

You can reach Ed Storer and his team by calling 800-563-7030.

The Wealth Training Academy

See omnystudio.com/listener for privacy information.