Timothy Sumer

Hosts Ryan Edwards and Les Stewart discuss strategies to manage your wealth in 2023.... ( 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 As 2023 is rapidly approaching, it is essential to think ahead and consider ways to manage your wealth for the future. In this article, we will be discussing the Southeast Retirement Planners Podcast and their expert advice on managing your wealth in the years to come. The Southeast Retirement Planners Podcast offers insightful interviews and discussions on financial planning, investment strategies, retirement savings, and more. In their latest episodes, the hosts, Larry Breen and Nate Easley, have shared their expert opinions on managing wealth in 2023 and beyond. One of the main topics discussed in the podcast is the importance of diversifying your investment portfolio. As the w

Which accounts should you access first for income in retirement? A good retirement income plan can make or break your retirement. Retirement distribution planning is more complex than saving for retirement. Lane's Book The Holistic retirement planning Revolution GET YOUR OWN PROFESSIONAL Social Security Analysis and Strategy Report: Contact Us ... ( 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 As you approach retirement, it becomes essential to figure out how you will sustain your lifestyle without a regular paycheck. One of the most important questions that arise then is which accounts you should withdraw funds from first in retirement. It is a crucial decision because your withdrawals determine your taxable income, and impacts your social security taxability and eligibility for other government benefits. Here are some guideli

We discuss the Federal Thrift Savings plan, reviewing who is eligible to participate and describe the more limited group which is eligible for a matching contribution. We also review the investment alternatives and the exceptionally low fees, which becomes a concern for those participants considering rolling out benefits to an IRA or other retirement plan .... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The Federal Thrift Savings Plan (TSP) is a retirement savings plan for Federal employees and members of the uniformed services. It's a defined contribution plan that offers multiple investment options and tax benefits for participants. Understanding the TSP is critical if you're a Federal employee or member of the uniformed services considering participating in the plan. Here are some things you should know

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

Does your retirement plan build tax-free wealth efficiently? Are you using a Roth IRA, Roth 401k, or Roth Conversion to add to your tax-free bucket? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to What is the best way to add money to your tax-free bucket? ✅ Should you contribute to a Roth IRA? ✅ Should you contribute to a Roth 401k? ✅ Or should you perform a Roth Conversion? Even though each of these ends up with more dollars in Roth Accounts but what is the best Roth account and best way to add to these important retirement accounts? A Roth IRA is quite different from a Roth 401k. Roth IRAs are not subject to RMDs. They have a larger universe of investment options to choose from. And in certain ways, they have more accessibility, specifically before age 59.5. Roth 401ks have a completely different set of benefits. Roth 401ks are afforded higher contribu

Most financial advisors are general practitioners. They don't specialize in retirement. We find that this leads them to accepting and recommending generally accepted advice. While this general advice may be good for some, it certainly isn't appropriate for everyone. retirement planning is a dynamic, fluid process. What's good today, may not be good tomorrow. As times change, your advisors advice should change as well. We find that this isn't the case and too often the same advice is given to clients that was made sense 15 years ago, but is out of date today. This video explores one of the biggest mistakes we constantly hear from new clients that their previous advisor had told them. We when do the analysis, and show them the math, they are shocked that such reputable firms would give such bad advice for their situation. It's not that they are bad people, it's just that they are general practitioners and don't specialize in retirement. Often

BEST Roth IRA Conversion Strategy for retirement planning || Roth Conversion Fully Explained In this video, I want to discuss a Roth conversion strategy that will help you maximize the amount of dollars you are trying to convert from IRA to Roth IRA. What is a Roth IRA conversion? A Roth Conversion is moving pretax money from an IRA to a Roth IRA. When you do this, you'll pay taxes on the amount you move from your IRA to your Roth IRA, but the money will now grow tax free in your Roth IRA account. A Roth IRA Conversion makes sense for individuals who believe that might be in a higher tax bracket once they get into retirement and want to eliminate taxes from their retirement income. The biggest advantage to a Roth IRA conversion is the ability to take tax free withdrawals in the future. These tax free withdrawals can be use for retirement income once you are in retirement. Also, there is no predicting where tax brackets will be when you retire, so having a large

We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. #retirement #retirementplanning #dohstr8 ---Ready to subscribe--- For more information visit: --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( 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 Retirement is an inevitable part of life that everybody thinks they have time for. However, it's essential to remember that the earlier you start retirement planning , the better off you'll be when you finally get there. Planning for retirement entails thinking about the future and considering what you want to achieve in the long term. Here are four retirement planning tips to fine-tune your dough. 1. Start Saving Ear

Explanation of why income taxes increase for surviving spouses. Links in this video: retirement planning Insights - Taxes in Retirement - #TaxPlanning #Taxes #IncomeTaxes 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 The Widow and Widower Tax Penalty refers to a situation wherein a surviving spouse is punished by higher taxes simply because they are no longer married. This penalty can be particularly devastating for those who have just

The Roth IRA can be a powerful tool for your retirement planning in 2023, but there are so many misconceptions you may be wondering whether it's worth it for YOUR retirement. In this video, Jessica Cannella will go over the common misconceptions of the Roth Ira and how it could be a powerful wealth-building tool for retirement. 00:14 The Common Misconceptions of the Roth IRA 00:47 The Age 59 ½ Rule! 02:30 I Make Too Much Money! 05:26 What Are the Parameters the I can Contribute? 06:28 The Hardest Part of Conversion… 07:35 Withholding In Your IRA 09:13 Conversion Illustration 10:23 Age Requirement For Distribution 11:25 The Roth IRA is POWERFUL! 11:57 Check Out Our Latest Uploads! Do you need a Retirement Success Plan that goes beyond allocating funds to truly fit your needs? We can help you create a retirement life plan customized for your retirement vision and legacy. Call us at (877) 404-0177 or fill out this form for a free consultation: Disclaimer: This video d

To get our FREE investing starter kit (with 5 stocks!) go to Can you convert a 401k in to a Roth IRA? What are the benefits of doing so? Listen to Dan Caplinger explain the two and why one might be a better choice for you! ------------------------------------------------------------------------ Subscribe to The Motley Fool's YouTube Channel: Join The Motley Fool Community On: Instagram ► Facebook ► TikTok ► Twitter ► #TheMotleyFool #RetirementPlanning #RothIRA #RetirementPlanning #TheMotleyFool #InvestingForBeginners... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA retirement planning is something that everyone should take seriously. One of the most popular retirement savings vehicles is the 401k, but many people are now looking into Roth IRAs as an alternative. The question is, can you convert a 401k into a Roth IRA? The answ

Les Stewart and Ryan Edwards share 10 key provisions concerning Secure Act 2.0. These ten include company tax credits for companies and business owners, RMDs (Required Minimum Distributions) increased to age 73, catchup contributions increases, retirement plan corrections, student loan payments and employer matches, required auto enrolments, Roth contributions to Simple IRA and SEPs, emergency savings accounts in 401ks, ROTH 401k Match, Rollover 529 to Roth IRA's. Learn the details and if this changes your opportunities.... ( 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 is the latest in retirement reform legislation and it's important to understand the provisions included in this bill. Southeast Retirement Planners Podcast has put together a list of the top 10 most important provisions of the Secure Act 2.0 to he

Discussion of the the main topics to consider when deciding when to start your Social Security benefits Links in this video: retirement planning Insights - Taxes in Retirement - #RetirementPlanning #TaxPlanning #SocialSecurity 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 When it comes to planning for retirement, one of the most important decisions you will make is when to start Social Security. With so many options and factors to cons

How To Increase Your Retirement Income || Live Retirement Income Strategies In this livestream I want to talk about creating retirement income and how you can increase your retirement income with these retirement income strategies. When you are doing your retirement planning and calculating out retirement income needed, looking at these three retirement income strategies will help you with your retirement planning . So what are three ways that you can increase your retirement income? 1. Maximize your Social Security benefits This is the simplest way to increase your retirement income. Social Security benefits in claiming Social Security is one of the biggest decisions in your retirement. Why do you take Social Security at 62, 67, or 70 is determined by your individual retirement plan. This needs to be a decision that is carefully thought out and planned out in your retirement income strategy. 2. Catch-up contributions If you're over the age of 50 an

If you make too much money, you will not be able to contribute to a Roth IRA for tax free income during retirement. In this episode, Troy Sharpe, CFP® will show you how you can access the backdoor Roth IRA so that you can develop a retirement that will give you a retirement income and stretch your dollars so that they last you while you are alive. #taxfree #notaxes #financialsuccess #retirementplanning Troy Sharpe is the CEO of Oak Harvest Financial Group, a local family-owned financial services firm. Troy leads a team of experienced professionals, analysts, and support staff to help clients create customized financial strategies that align with their unique retirement goals. Troy holds a Series 65 license as well as a Texas life insurance license. He also earned a finance degree from Florida State University and completed his Certified Financial Planning certification at the Susanne M. Glasscock School of Continuing Studies at Rice University. Additionally, Troy is a

Don’t miss out on up to $16,000 in Social Security spousal benefits.... ( 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 https://inflationprotection.org/are-you-losing-money-by-not-taking-spousal-benefits-at-the-right-time/?feed_id=55868&_unique_id=63b18efb11e6f #Inflation #Retirement #GoldIRA #Wealth #Investing #CKSSummitGroup #MichiganRetirementIncomePlanning #MichiganRetirementIncomePlanningCompany #RetirementIncomePlanning #RetirementIncomePlanningCompany #RetirementIncomePlanningFirm #socialsecurity #socialsecurityspousalbenefits #spousalbenefits #SpousalIRA #CKSSummitGroup #MichiganRetirementIncomePlanning #MichiganRetirementIncomePlanningCompany #RetirementIncomePlanning #RetirementIncomePlanningCompany #RetirementIncomePlanningFirm #socialsecurity #socialsecurityspousalbenefits #spousalbenefits

Saving for retirement can be complex. There are a variety of tools available for pre-retirees to set money aside for retirement. Knowing what the differences and benefits are for each vehicle can help you decide what is best for you. In this video, we'll explore the differences Between Self-Directed IRAs and Traditional IRAs. In our 25 years’ experience, Freedom of Choice is the common theme throughout everyone’s dream retirement. And, just as no one’s dream is the same, there’s no one strategy that works for all our clients. You have been diligent about investing in your well-deserved retirement, and we take that seriously! To explore if a Self-Directed IRA or Traditional IRA is best for you, schedule a quick 15-minute call here: Investment advisory services offered through Outlook Wealth Advisors, LLC, an SEC registered investment adviser. Insurance products offered separately through Outlook Wealth Insurance Services, LLC. We are not permitted to offer, an