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Showing posts with the label babyboomers

Before You Retire, Make Sure You Can Answer These 4 Questions

Retirement The Biggest Life Changing Event Of your life, are you retiring in 2024, here are 4 questions you need to answer to ensure a smooth worry free retirement without fear. #retireearly #retirement #retirementmistakes #earlyretirement 🌏 Take advantage of this exclusive offer from NordVPN here ➼ Risk-free with NordVPN's 30-day money-back guarantee! #retirement #retireearly We are members of the Amazon affiliate program, these links contain a referral code where we earn a small commission on your order, you do not pay any extra at Amazon by using our referral link. Thanks for supporting our channel. Our Favourite Amazon finds USB Data Blocker Tina’s Magnetic Bracelet Smart Watch America Air Fryer America 2 Step Verification Key Powerbank Canon Lens Smart Wallet For Travel Our filming equipment for YouTube contain Amazon Affiliate links Camera Camera Lens Studio Lights Light Modifier Light Modifier Microphone Selfie Stick ✅

Tax Strategies for Converting Traditional IRA to Roth IRA

We help people who are entering retirement or want good retirement strategies to create retirement monies they can never outlive. Schedule a no-obligation consultation with me directly: Get your complementary consultation for a tax-efficient retirement plan. Also, pick up one of our FREE life guides: ***Connect with us on Facebook: *** *** Visit us online at: www.JustAskFreeman.com *** Financial Sources Inc. 6111 Ivy Ridge Ct Upper Marlboro, MD 20772  TEL: (301)627-0123 | www.JustAskFreeman.com... ( 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 Converting Traditional IRA to Roth IRA - Tax Strategies When it comes to retirement planning and saving for the future, Individual Retirement Accounts (IRA) are a popular choice among investors. These accounts offer tax advantages and are designed to help individuals grow their savin

Retirement Roadmap: Understanding Annuities (Part 1 of 5) - Ep0601, 2021

⏰ 15-MINUTE NO COST, NO HASSLE, NO-OBLIGATION CONSULTATION Request Your 3-Step Review Series Overview: In volatile, uncertain times, annuities are a financial tool that can add some stability. They can serve as a financial protection and a form of insurance. There are different types and styles, that have different purposes but, a couple things annuities do particularly well (because it is what they are designed to do) is 1) they can protect principal 2) they can protect income 3) they can provide (measured) growth. The specific goals you have for your money would determine which type of annuity you may want to consider. Many savers and investors have a common questions, “What should I be doing with my money?” The answer to this comes in the form of thinking through and defining your answer to another question, “What do you want your money to do for you?” Those have ALWAYS been the questions that we have tried to help clients and podcast viewers/listeners fi

Divorce After 60: Identifying the Signs and Knowing When to Leave a Marriage

When is it Time to Leave a Marriage After 60? Look for These Signs! | Divorce After 60 Today, I want to talk about a difficult and emotional topic… one that some people would say shouldn’t even be raised in polite company. But, since so many women have asked me about this, I wanted to bring it up anyway. So, in today’s video, I want to talk about the growing number of “silver divorces” that are going on around us. And, I would like to ask the simple (yet terribly complex) question of “when is it time to leave a marriage… especially after 60?” Have you or someone you know going through a separation or divorce after 60? What did you or they learn from the experience? Read our article and join the conversation here: ***** ORDER YOUR DECK OF AFFIRMATION CARDS HERE ***** Learn to say "No" and start your journey to happiness today with our Sixty and Me "Aging Beautifully" inspirational cards: *****MAKE MORE FRIENDS THIS YEAR!***** If you believe in

Is It Possible to Survive Solely on the State Pension in Canada?

We tell our story living on the Canadian and UK state pensions is it possible to pay your monthly outgoings only with government old age security. Find out the average Canadian Pension Plan (CPP) and Old Age Security (OAS) payments in Canada. Explore the idea of living frugally and having all your bills paid by national pensions, without using your own savings. These pensions are available to anyone in Canada and the U.K. who have worked. These are not private pension plans, purely government programs for the elderly. It's surprising how much you get and how far you can stretch your monthly living expense budget in a first world country like Canada. #retirement #retireearly #this_is_our_retirement We do recommend saving for your retirement if you want to travel or pay for a new car as these government pensions aren't enough for that. The links below contain an Amazon affiliate link where we earn a small commission from each sale that helps with running our chan

Inherited IRA Rules With The Great Wealth Transfer Coming

Inheriting an IRA? Basic rules explained. Add me on Insta: michellemarki The Great Wealth Transfer means that millions of Millennials and Gen Xers could stand to inherit $30 trillion to $68 trillion from Baby Boomers in the coming decades. For fellow Millennials, this could mean that we go from collectively owning $4.5 trillion in 2018 to $20 trillion by 2030 -- or a compounded annual return rate of 13.3%. This impressive rate reflects both our own savings and investing rates, as well as what we might inherit. However, it is sad and difficult when our elders pass on. And then it's made when worse when the situation of inheriting Individual Retirement Accounts (IRA) such as a Traditional IRA, 401k, or Roth IRA is confusing and complicated because of current interpretations of the rules. As of 2022, the IRS has been working on making some final interpretations of the SECURE Act of 2019 that took effect in 2020 for inherited retirement accounts. I'm sharing what I&

IRA Rollovers for 2019

We help people who are entering retirement or want good retirement strategies to create retirement monies they can never outlive. Visit me at my office for a free consultation! Call: 1-833-313-7233 ***Connect with us on Facebook: *** *** Visit us online at www.JustAskFreeman.com *** Financial Sources Inc. 6111 Ivy Ridge Ct Upper Marlboro, MD 20772  Phone: (301) 627-0123 www.JustAskFreeman.com... ( 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 https://inflationprotection.org/ira-rollovers-for-2019/?feed_id=48560&_unique_id=639582fccac85 #Inflation #Retirement #GoldIRA #Wealth #Investing #babyboomers #irarollover #maryland #requiredminimumdistribution #retirees #Retirement #retirementmoney #retirementplanning #retirementsavings #savings #socialsecurity #socialsecurityadministration #socialsecuritybenefits #socialsecurityclaiming #

Secure Act Savvy S.6 | Ep. 4

Congress passed the largest retirement savings reform in more than a decade when they passed the Secure Act also known as the Setting Every Community Up For Retirement Act. Do you know what the Secure Act means for you and your retirement? Financial professionals Joe Anderson and Alan Clopine help you to become Secure Act Savvy by breaking down the changes in the rules and regulations to enable you to make the most of your financial plan moving forward. Important Points: (00:45) – The SECURE Act  (01:16) – Retirement Savings (02:43) – SECURE Act Savvy -Required Minimum Distribution Changes -Repeal of Age Limit on IRA Contributions -Repeal of the Stretch IRA -Notable 401(k) Changes (03:46) – Key Ages to Remember For retirement planning (05:08) – Required Minimum Distribution (RMD) Changed to Age 72 (06:49) – Calculating your Required Minimum Distribution (10:26) – The 10-year rule on Beneficiary IRAs (12:39) – Stretch Exemptions (13:25) – Tax Rates (19:23) – Change