Timothy Sumer

In this episode, James emphasizes the importance of having a well-thought-out financial plan for retirement, rather than relying solely on the size of your investment portfolio. Financial security doesn't come from a specific portfolio number but from having a comprehensive plan. Using a listener's question, James walks through a step-by-step approach to assessing retirement readiness. He discusses aspects like income planning, investment strategies, tax optimization, and protection through insurance and estate planning. Shifting your mindset from a saving mentality to a spending mentality in retirement allows you to fully enjoy your savings. Learn how to determine if you'll be financially secure in retirement and how to optimize your financial resources to enhance your overall retirement experience. Questions Answered: How do you assess your retirement readiness? How can you optimize their retirement plan to enhance their overall retirement experience? =====...

Attention, fellow business owners! 📢 Secure your financial future with our expert retirement insights in this video. Say farewell to traditional retirement – it's all about adaptability and liberation now! Discover the art of balancing business growth with retirement savings and unlock the potential of the Solo 401(k) plan. 💪 With Solo 401(k), you can save substantially with tax advantages and enjoy a convenient loan provision when needed. For in-depth resources, visit our blog pyopaccounting.com or connect with us for personalized guidance. We're here to help you realize your retirement aspirations! 🌟... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA The Best Retirement Plan for Small Business Owners retirement planning is a crucial aspect of financial planning, and it becomes even m...

Keep It Simple, Stupid – KISS. That is the best advice I can give for one’s retirement. The more complex your retirement plan the harder it will be to keep to it. Thus, the beauty of the 2-Bucket Retirement Plan. It works just like this. You need $50k a year in income. You get $30k from Social Security. You need to make up the extra $20k from portfolio distributions. In bucket 1, you then keep 3 years worth of that $20k into a safe account, checking and laddered CDs. In bucket 2, you invest in a diversified equity portfolio. Every year, when the market gives you gains, you take those gains and put them into the first bucket. If the market is down and your portfolio has lost ground, you leave it be. Literally that simple. Notice though in bucket 2 there are NO bonds. The reason is that your income, Social Security, pensions etc. should be viewed as your bond portfolio. So, given you have the bulk of your income coming from bonds there is no reason to add MORE bonds. You...

#401k rollover #financial education Should I Roll Over My 401k? If you have a 401k with a previous employer you basically have 4 options... 1. Leave it where its at 2. Roll it to your new employers plan 3. Cash it out 4. Roll it over to an IRA In this video I discuss the pros and cons of rolling over your 401k. Why you should rollover your 401k and some reasons not top rollover your 401k. Thank you for watching! Please subscribe to our channel if you like the content. retirement planning can seem overwhelming, and it's hard to know where to start. I am passionate about retirement planning and financial Education! Here are a few ways that we might be able to help; 1. Watch our free educational videos here on our YouTube Channel 2. Like the Money Evolution Facebook Page. Additional investment and retirement planning content, including Live Stream Market, updates not on the YouTube Channel. 3. The Retirement Time Machine online course! Over 13 hours of instru...

Ever tried to blow up your retirement plan? If not, you better watch this video. You know what they say about best laid plans... Business Inquiries: info@wellbuiltwealth.ca Well Built Wealth: Intro (0:00) Planning for Storms (0:25) Stress-testing Your Retirement Plan (1:30) High Inflation (2:15) Lame Investment Returns (2:53) Market Crash (3:10) Early Death of a Spouse (3:29) A Whole Bunch of Bad at Once (4:13) Strategizing in Advance (5:13) Outro (6:22) DISCLAIMER: All videos on this channel (including this one) are for educational or entertainment purposes only. They are not (and are not intended to be) financial, investment or legal advice. It is our firm position that everyone has a unique situation and should seek professional advice on how best to navigate it. Rhys Martell is a Chartered Investment Manager (CIM), a Fellow of the Canadian Securities Industry (FCSI), a Qualified Associate Financial Planner (QAFP) and more. However, he is not registered to provid...

FERS Supplemental Annuity is taxed as Ordinary Income. ================================ Get the PDF version of my Tax Bomb book for free follow this link. My course "Can I Retire" contains 43 videos and over 7 hours of teaching. Get it here: and don't forget there IS a 30 day money back guarantee if you're not satisfied! Get my books on Audible here: Get your own Trusty Calculator: Want to support what I'm doing for $10 a month? Join my SubscribeStar page. My Amazon Product page: Anything you buy there Amazon pays me a commission. Much appreciated! GET MY BOOKS: ALL are FREE to Kindle Unlimited Subscribers! You Can RETIRE on SOCIAL SECURITY: The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It: Strategic Money Planning: 8 Easy Ways To Put Your House In Order State by State Tax Guide For Retirees: GET ALL MY LATEST BLOGPOSTS: M1Finance affiliate: My TurboTax affiliate: PODCAST: Creating yo...

Embark on the journey to a secure and wealthy retirement by mastering the basics of Roth IRA in this informative and engaging YouTube Short! Learn the essentials of this powerful retirement savings vehicle, from its tax advantages to contribution limits, and understand how it can play a pivotal role in your long-term financial planning. Discover the key differences between a Roth IRA and a Traditional IRA, and find out which one best suits your unique financial goals. Unveil the secrets to making the most of your Roth IRA and ensuring a comfortable and financially independent retirement. Don't miss the opportunity to take charge of your financial future! Watch this video now and unlock the power of Roth IRA for a retirement full of abundance and security! 💰🌟🏦 #RothIRABasics #SecureRetirement #WealthyRetirement... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SI...

================================ Sign up for email list here. Find this video of value? Buy me a cup of coffee! Get Your Own Pablo Retirement Gear: Follow me censorship-free! My course "Can I Retire" will help reduce your stress when it comes to retirement planning . Get it here: and don't forget there IS a 30 day money back guarantee if you're not satisfied! Get my books on Audible here: Want to support what I'm doing for $10 a month? Join my SubscribeStar page! My Amazon Product page: Anything you buy there Amazon pays me a commission. Much appreciated! GET MY BOOKS: ALL are FREE to Kindle Unlimited Subscribers! You Can RETIRE on SOCIAL SECURITY: The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It: Strategic Money Planning: 8 Easy Ways To Put Your House In Order GET ALL MY LATEST BLOGPOSTS: ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Acc...

Make Lucia Capital Group your first stop on the path to retirement. Watch live shows, view video clips on demand, and read our informative articles to get educated today! Visit for more Subscribe to our channel: Follow Lucia Capital Group on Twitter: Like Lucia Capital Group on Facebook: ... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing New Rules for Hardship Retirement Plan Distributions: A Guide for Savvy Investors Planning for retirement can be a challenge, and unexpected financial hardships can make it even more difficult. Fortunately, the recently updated rules for hardship retirement plan distributions aim to provide relief to individuals facing financial distress. These changes provide greater flexibility for retirement plan participants, allowing them to access their retirement savings when...

In this video, I'm going to talk about why saving money is actually making you poor and what to do instead. I'll explain how when you save your money, you're actually losing money due to inflation and opportunity cost. Saving money is a good thing, but if you're not careful, saving money can actually lead to poverty. In this video, I'm going to show you how saving money can actually put you in a poor financial situation. I hope that this video will help you to rethink how you're spending your money and help you to live a more financially secure lifestyle! 📈 Webull ► ⚡💰Buy & Sell Stocks, Pay $0 in Commissions! ✔️Get up to 12 FREE Fractional Shares Valued Up to $30,600 🔐 Ledger Wallets ► Protect Your Crypto & Get Off Exchanges!! ⚡💰 Nano S Plus, Nano X, and Stax: From $79!! ✔️ Completely Own & Control Your Crypto! 💵 iTrustCapital ► ⚡💰Open a Free Roth o...

================================ Sign up for email list here. Get Your Own Pablo Retirement Gear: Follow me censorship-free! My course "Can I Retire" will help reduce your stress when it comes to retirement planning . Get it here: and don't forget there IS a 30 day money back guarantee if you're not satisfied! Get my books on Audible here: Want to support what I'm doing for $10 a month? Join my SubscribeStar page! My Amazon Product page: Anything you buy there Amazon pays me a commission. Much appreciated! GET MY BOOKS: ALL are FREE to Kindle Unlimited Subscribers! You Can RETIRE on SOCIAL SECURITY: The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It: Strategic Money Planning: 8 Easy Ways To Put Your House In Order GET ALL MY LATEST BLOGPOSTS: ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Accoun...

The Mega Back Door ROTH IRA method can be a great way to build up tax deferred retired contributions in excess of typical IRA or 401k limits. Brian Lombardo, CFP(R), CPA www.brianlombardo.com blombardo@gfainvestments.com Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Gateway Financial Advisors, Inc., and Cambridge Investment Research, Inc. are not affiliated.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA The Mega Back Door Roth IRA: A Powerful Retirement Saving Strategy With the rising costs of living and increasing life expectancy, saving for retirement has become more crucial than ever. Luckily, there are various retirement saving strat...

In this episode of Getting Real, discover why your financial advisor or current retirement plan services provider may not inform you of investing in alternative assets. 0:00 Intro 1:07 Why your financial advisor is not providing you with information about investing in alternative assets 2:38 Public and private market advisors 3:04 How to access WealthBridge 4:02 Education gap 5:28 Can I convert an existing traditional 401(k) to a Roth IRA? Discover more on WealthBridge here: ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA We all need financial guidance at some point in our lives. Whether it's planning for retirement, managing debt, or saving for a major purchase, seeking the help of a financial advisor seems like a logical step. However, there are some things your financial advisor won't tell you that you should...

As inflation rates rise, it's crucial to arm yourself with the knowledge and strategies to protect your finances and secure your future. In this video, we present an inflation survival guide that equips you with valuable insights and practical tips to navigate the challenges posed by inflation. From understanding the causes and effects of inflation to exploring investment opportunities, budgeting techniques, and asset protection strategies, we cover a range of essential topics to help you safeguard your financial well-being. Join us as we delve into this comprehensive guide and empower yourself to stay ahead in the face of inflationary pressures. Inflation, Financial Planning, Personal Finance, Inflation Survival, Inflationary Pressures, Financial Education, Investment Strategies, Budgeting Tips, Asset Protection, Wealth Management, Inflation Effects, Economic Trends, Financial Security, Inflation Risks, Inflation Factors, Savings, Investments, Portfolio Diversificatio...

Learn more about the @NeoFinancial Cashback Mastercard here: Get a $50 credit + receive 15% cashback on your first purchase with this link! #NeoFinancial #MeetNeo #sponsored Figuring out what your CPP payment will be is an extremely complicated process, but these 3 calculators will give you a good idea of what it should be, assuming your situation is on the simpler side. If you are on CPP disability, the survivor pension, or have child dropout years, then these calculators probably won't be as useful. In those situations, it will be helpful to reach out to Doug Runchey for his services at Calculator 1: Calculator 2: Calculator 3: Doug Runchey's article on CPP's formula: If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services a...