Timothy Sumer

What is the best age to file for Social Security? What factors should you consider when making the decision to claim your Social Security benefits? It can be confusing and Social Security claiming mistakes are common. GET YOUR OWN PROFESSIONAL Social Security Analysis and Strategy Report: Free Resources University of Holistic Retirement Planning - Online Course Contact Us ... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing What's the Best Age to Claim Social Security: 62, 66, or 70? One of the most important decisions retirees face is determining when to start claiming their Social Security benefits. With various options available, the question arises: what is the best age to claim Social Security? Will you be better off starting at 62, full retirement age (FRA), or at the maximum age of 70? Ma...

Everything you need to know about variable annuities. Links in this video: SEC's "Variable Annuities; What You Should Know" - Retirement Planning Insights - Taxes in Retirement - #VariableAnnuity #Annuity #Annuities DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Tenon Financial LLC make any guarantees to its accuracy.... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing What is a Variable Annuity? As individuals plan for their retirement, they often consider investment options that can provide a steady...

Can I Retire? 🌴 A Comprehensive Guide to Retirement Income Strategies Are you envisioning a future of relaxation, exploration, and new adventures in retirement? 🏖️🌄 Making the transition from a successful career to a fulfilling retirement requires careful planning and a solid understanding of various retirement income strategies. That's why I'm thrilled to share with you this comprehensive retirement guide to help you confidently answer the question, "Can I retire?" 📚 In this guide, we'll delve into a range of retirement income strategies that can help you maintain your desired retirement lifestyle while enjoying the fruits of your labor. From traditional options like Social Security and pensions to more modern approaches such as investments and passive income streams, we'll cover it all. 💰 Key Topics Covered: Know Your Numbers: Understand your current financial situation, including s...

Video from Facebook live stream from the Facebook group, "Taxes in Retirement," from March 3, 2021. Discussions of what to consider when deciding when to start claiming your Social Security benefits Apologies for the poor video quality 😢 🎥 For some reason, the stream that day was poor. But the audio was fine throughout To join Taxes in Retirement - #SocialSecurity #FinancialPlanning​​​ #RetirementPlanning DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Tenon Financial LLC make any guarantees to its accuracy.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver I...

Les Stewart and Ryan Edwards share the first of ten provisions that are important to pay attention to concerning Secure Act 2.0. Small businesses can get an enhanced tax credit to help offset the costs for providing retirement plans to employees. This includes, 401k's Simple IRA's and other retirement plan options company's and owners can provide.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA The Secure Act 2.0, which was recently introduced in Congress, includes several provisions aimed at improving retirement savings and planning for Americans. One of these provisions, known as Provision 1, focuses on the Southeast Retirement Planners Podcast, a valuable resource for individuals seeking information and guidance on retirement planning . The Southeast Retirement Planners Podcast is a popular podcast hosted by retirement pl...

Here I explain how to get the guaranteed income of a pension annuity without losing the flexible access and death benefits of drawdown. ⏰ TIMESTAMPS ⏰ 0:00 Start 1:26 Why Are Annuities Becoming Popular Again? 3:12 The Problem With Pension Annuities 4:10 The Benefits of Fixed Term Annuities 7:01 Fixed Term Annuity Quote Examples 🎬 WATCH NEXT 🎬 Improve income sustainability in drawdown: 👇 LEGAL & GENERAL FIXED TERM ANNUITY QUOTES 👇 **** ABOUT THIS VIDEO **** Many people are drawn to the guarantees offered by lifetime pension annuities for retirement, but are put off by the loss of flexibility compared to flexi-access drawdown and other flexible retirement withdrawal methods. With pension annuities, you have to choose death benefits and other options like inflation linking at the start without knowing what the future is going to hold, and these options cost money. With pension drawdown, you can choose your level of i...

Tax specialist David Perez joins us today to discuss ways to minimize tax payments and build your own economy. His book, "Build Your Own Economy," emphasizes the importance of retaining control over your money and making informed decisions about its usage. Working with the right tax professional, such as a proactive accountant or tax strategist, is crucial. While a tax attorney helps with IRS issues, a tax strategist focuses on navigating changing tax laws, seeking opportunities within rules and loopholes. If you've faced an audit, it may be time to find a new accountant or consider working with a tax strategist. Planning for taxes should be done throughout the year for best results, not just in April. Book a call with David's team here - Check out David's book, "Building Your Own Economy" here - Are you living The Wealthy Way? Take my free quiz with the link below and get FREE access to my new course “Business Builder Academy” where I go...

Can I Retire at 55 with $400,000 in Retirement Savings? What about taxes? retirement planning is a crucial aspect of our financial journey, and in this video, we delve into the question many individuals ask themselves: Is it feasible to retire at 55 with $400,000 in retirement savings? We address this query from various angles, taking into account factors such as retirement lifestyle choices, retirement goals, and the impact of taxes on your retirement savings. Join us as we break down the numbers, analyze different retirement scenarios, and provide you with valuable insights to help you make an informed decision for your retirement. We'll discuss the potential challenges and opportunities of retiring early with a relatively modest retirement fund, including the importance of retirement budgeting, retirement investment strategies, and managing retirement expenses during your retirement years. Moreover, we'll shed light on the often-overlooked aspect of taxes...

retirement planning is the process of preparing for retirement, which is the period of life when a person stops working and relies on savings and investments to support themselves. retirement planning involves several key steps, including setting retirement goals, estimating retirement expenses, determining retirement income sources, and creating a savings plan to fund retirement. One of the first steps in retirement planning is setting retirement goals. This involves thinking about what you want to do in retirement, such as travel, pursue hobbies, or spend time with family. Setting retirement goals helps you determine how much money you will need to save for retirement. Estimating retirement expenses is another important step in retirement planning . This involves identifying your expected living expenses in retirement, such as housing, food, transportation, and healthcare. It is important to consider both fixed expenses, which are consistent from month to month, and va...

If you’re considering a Roth conversion or have already converted your Traditional TSP to a Roth IRA, there are some critical things that you don’t want to ignore. In this video, we share 4 things that are commonly overlooked, which can oftentimes have a negative impact on your taxes and retirement benefits. Have a question about Roth Conversions, Federal Benefits, or retirement planning ? Post in the comments section or contact us at: Are you seeking a financial planner who specializes in working with federal employees? Schedule a free consultation at: Connect with Fedway Financial on Social Media: Connect with Jerel Harvey on Social Media: #TheMoneyBriefing #RothConversion #ThriftSavingsPlan Music provided by LAKEY INSPIRED – Chill Day Disclaimer: All content on this site is for general information purposes only and is not intended to provide any personalized financial advice.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gol...

Video from Facebook live stream from the Facebook group, "Taxes in Retirement," from April 7, 2021. Discussion of the pros and cons of taking a lump sum in lieu of a traditional pension. To join Taxes in Retirement - #Pension​​ #LumpSum​​​​​ #RetirementPlanning​​ DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Tenon Financial LLC make any guarantees to its accuracy.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA On April 7th, 2021, a Facebook Live event was hosted to discuss the important decision of choosing between a pension or lu...

Retire at 55 🙌 || How Much You Need To Retire Early at 55! In this video I want to look at a scenario for someone who wants to retire at 55 and asking the question, how much in retirement savings and retirement investments do I need to retire early? **Free Retirement Download: The Roadmap to Retirement:** 📊 We are going to look at different retirement rules and retirement scenarios that will help you determine your retirement readiness, especially if you are doing retirement planning at 50. Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strategies for " retirement planning at 30", " retirement planning at 40", " retirement planning at 50", or even " retirement planning at 60" understanding how much retirement income that you want versus how much you need gives you a roadmap to follow to and th...

Television, Facebook, Instagram, TikTok, your friendly neighborhood plumber, they're ALL the best news sources...we wouldn't want to disagree with you. All we're asking is, can you trust EVERYTHING they've told you about annuities? Stick around to hear Tom run through some questions you might want to ask before believe that annuities are your mortal enemy... #investmentplanning #financialeducation #retirementplanning #easeintoretirement #mosleywealthmanagement Don’t spend more time wondering about whether you’re ready to retire. Prepare now, so you can look forward to the years ahead with confidence. Seize the moment. Seize your retirement. Call us at 714-421-4288 to take the first step, or contact us through our website, ________________________________________ At Mosley Wealth Management, we believe everyone should be able to live the retirement they’ve always wanted. Your financial situation is different than that of your parents, your neighbors and...