Timothy Sumer

#403b #retirement #retirementplanning What are an employee sponsored plans? Don't sleep on the power of your 401k or 403b! Employee retirements plans will help you maximize your retirement savings with automatic payroll deductions. Later on down the line, you might be able to roll these monies into a Roth IRA to maximize your retirement saving benefits. Learn more about roth conversions here: Financial freedom is found through discipline. 💸 Access Financial Freedom Resources: 🚀 Join My FREE Retirement Planning Basics Course: 🗓️ Schedule a FREE Initial Consultation! : ✅ Subscribe! : ✅ My Instagram : ✅ My Twitter : ✅ My Substack : ... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Employer-Sponsored Retirement Plans (401k & 403b): A Beacon of Financial Security As individuals approach their golden years,

When the quantity of all the money available in an economy increases, but the quantity of all available goods and services stays the same, it leads to a decrease in the value of each unit of currency, resulting in higher prices. To protect your hard-earned money from inflation, diversify your investments by buying assets that historically have performed well during inflationary periods, such as real estate, stocks, and commodities like gold or silver. They tend to hold their value because their quantity, also know as supply, is not easily increased. As opposed to money supply, that is easily increased by central banks. The key to fighting inflation lies is scarce assets that have demand. #debt #tips #budget #dividend #economy #money #invest #shorts #dividends #credit #howto #retirement #finance #budgeting #investing #stockmarket #inflation #advice #frugalliving #economics #creditcard #budget2023 #retireearly #investment #interestrates #creditcards #creditscore #interest #div

This live we discuss the Backdoor Roth IRA concept. We outline: 1. What is a "Backdoor Roth Conversion." 2. Who should be using this strategy. 3. How to fund a Backdoor Roth IRA & the long-term benefits of having Roth money in retirement. Remember, Financial freedom is a process, not a destination! Stream starts: 2:02 📚 Online Courses Now Available! : 🚀 Join My FREE retirement planning Basics Course: 🗓️ Schedule a FREE Initial Consultation! : ✅ Subscribe! : ✅ My Instagram : ✅ My Twitter : ✅ My Substack : Timestamps: 02:02 – Stream starts 03:02 – What is a Roth IRA? 03:55 – Roth IRA vs Traditional IRA 06:54 – The argument for a Roth IRA 08:45 – Different methods for Roth savings 10:54 – The backdoor Roth conversion strategy 13:36 – How often should I be contributing to a Roth? 14:25 – Closing tips for the backdoor Roth IRA #rothira #rothconversion #retirement... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA:

Retirement Annuity VS Annuity - Learn with Lourens Oberholzer Download FREE e-book here: you will learn the 5-Step process Lourens Oberholzer developed that can help you avoid the same fate as millions of others.... ( 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 Retirement Annuity vs Annuity: Understanding the Difference When it comes to planning for one's future, retirement savings and income are of utmost importance. This is where annuities come into play. An annuity refers to a financial investment vehicle that provides a steady stream of income during retirement. There are various types of annuities available, including retirement annuities and regular annuities. In this article, we will explore the differences between these two types of annuities. Retirement annuities, as the name suggests, are specifically

Jeff Rose tells you how to stretch out an IRA for your beneficiaries Episode 2345: How To Stretch Out an IRA For Your Beneficiaries by Jeff Rose of Good Financial Cents Jeff Rose, CFP® is a Certified Financial Planner™, founder of Good Financial Cents, and author of the personal finance book Soldier of Finance. Jeff is an Iraqi combat veteran and served 9 years in the Army National Guard. His work is regularly featured in Forbes, Business Insider, Inc.com and Entrepreneur. The original post is located here: Visit Me Online at OLDPodcast.com Interested in advertising on the show? Learn more about your ad choices. Visit megaphone.fm/adchoices Episode link: ... ( 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 Title: 2345: How To Stretch Out an IRA For Your Beneficiaries Introduction: In the realm of retirement planning , an Individual retirement

Source: On this episode of DIY Money, Quint and Daniel discuss how to invest an Inherited IRA.... ( 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 How to Invest an Inherited IRA Inheriting an Individual retirement account (IRA) is a great way to secure your financial future. An inherited IRA allows you to save for retirement while benefiting from tax advantages. However, knowing how to invest this newly acquired account can be overwhelming. In this article, we will guide you through the steps to effectively invest your inherited IRA. 1. Understand the type of inherited IRA: There are two types of inherited IRAs: the spousal and non-spousal. Spousal inherited IRAs have more flexibility and offer the option to treat the account as their own. Non-spousal inherited IRAs require a different distribution method. Therefore, it is crucial to determi

In this informative and inspiring video, we delve into the timeless wisdom of our grandmothers and their incredible frugal living tips that are still applicable in today's world. During the Great Depression, our grandparents faced challenging times and learned to make every penny count. In this video, we uncover 25 invaluable frugal living tips that can help you save money, budget wisely, and thrive in the present day. From practical advice on meal planning, gardening, and DIY projects to smart shopping tips and money-saving strategies, we leave no stone unturned. Discover the secrets to stretching your dollar, repurposing everyday items, and finding joy in simple living. Not only will you gain insights into frugality, but you'll also learn how these tips can be integrated into your modern lifestyle. Whether you're looking to reduce expenses, pay off debt, or simply adopt a more sustainable approach to your finances, Grandma's wisdom has got you covered. He

In this video, we dive into the crucial topic of rising prices and the essential preparations for inflation. As economies evolve and market conditions fluctuate, it's important to equip yourself with the necessary knowledge and strategies to safeguard your financial well-being. Join us as we explore essential preparations you can undertake to mitigate the impact of inflation on your personal finances. We'll discuss key concepts, such as understanding the causes and indicators of inflation, evaluating its potential effects on different aspects of your life, and identifying proactive steps you can take to protect your purchasing power. If you like this video, please give it a thumbs up 👍 and if you want to hear more videos from our channel, SUBSCRIBE 🔥 and make sure to turn on the bell icon (🔔). ...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it's quite helpful!) 💬 Leave a comment below to let us know what you think! 🔗 Share the video with anyone yo

Cellphone bills are too expensive, use my link to find a plan starting as low as $15/month in just 15 minutes, thanks to today's video partner, Mint Mobile: Resources I use/would use: 1) Acorns: Start investing, or open a retirement account , and get a free $5 by using my link: 2) Aura: Protect your online privacy and security NOW and for free by following my link: 3) Coursecareers: Get qualified for a better job and increase your income: and use code HAMMER50 to get $50 off the full course. 4) Fizz: A debit card that builds credit while preventing overspending: use CALEB10 for a $10 signup bonus! _______________________ Chapters: 00:00 Job and Income 02:33 Immediately BAD 05:53 Mint mobile 06:23 Spend spend spend... 10:43 ENDLESS CREDIT CARD DEBT 13:53 Sharing debt with MOM?!?! 16:25 This is INSANE 22:35 You can't be serious... 25:18 STOP. JUST STOP. 29:15 Refusing child support? Okay... 33:25 She refuses to do anything! 37:24 You need to BUDGET 40:05

#housekeeping #inflationalert #financialwellness Welcome to 'Friday Housekeeping & Inflation Alert'! In this informative video series, we dive into the world of housekeeping and the ever-evolving landscape of inflation, equipping you with the knowledge and tools to stay informed and prepared. Join us as we explore our practical housekeeping tips, budgeting strategies, and effective money management techniques. We also keep a watchful eye on the economic front, shedding light on the impacts of inflation and its effects on your finances. Stay updated with the latest economic trends, consumer prices, and inflationary pressures. We delve into market analysis, economic forecasts, and monetary policy discussions, equipping you with the insights you need to make informed decisions. Discover investment strategies, understand the cost of living, and navigate the housing market amidst changing economic conditions. We'll discuss topics such as asset allocation, inter

In this video, I'll walk you through some tax planning strategies in 60 sec. Tax planning is an important part of any financial plan, and it's important to have strategies in place to protect your money. In this quick video, we'll show you some of the best tax planning strategies that you can use to protect your income and assets. Thanks for watching! 🎶 Music composed by Vladan Mijatovic - (vladanfilmmusic@gmail.com) All rights Reserved. 💰Hello Money Makers and welcome to “Wealth Wizzards”, your ultimate destination for insightful discussions on personal finance, cryptocurrency, and blockchain technology. 🎬We post new videos every day, subscribe now and never miss an opportunity to learn new tips and make your money work for you 🎬 💸 Make Money Affiliate Links:💰 💰 1. E-commerce Empire Academy - 💰 2. Get Paid To Do Simple Writing Jobs Online - 💰 3. Get Paid To Use Facebook, Twitter, and YouTube - 💰 4. Writeappreviews.com - Get Paid To Review App

Mike and David discuss how big market losses can change your outlook for retirement. #financialplanning #recession #personalfinance #retirementplanning #retirement #wilx10 #lifeplan #moneytips #financialadvice #investing #wealthmanagement #budgeting #debtmanagement #lifeplan #podcast... ( 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 Finance Report Episode 8: Analyzing the Impact of COVID-19 on the Stock Market In the latest episode of Finance Report, our experts delved deep into the impact of the ongoing COVID-19 pandemic on the stock market. The pandemic has undoubtedly been one of the most impactful economic events of recent times, causing widespread uncertainty, disruption and volatility across the financial sector. The first topic of discussion was the performance of the stock market during the p

In this video, I budget my first paycheck of May 2022 using YNAB, my preferred budgeting application. I'm finally taking steps to invest and fully-fund my Roth IRA with the money I had available this paycheck. I've been trying to be a little more lenient with spending on myself after spending years putting tight constraints on my spending habits. 🐽 LIKE & SUBSCRIBE for more related frugality & finance content 📱 insta @frugalityandfinance 🕰 tiktok @frugalityandfinance 🥟 buy me a boba - buymeacoffee.com/siuyee Earn $200 when you refi with Earnest - Monthly Net Worth Tracker 👀 WATCH: Financial Freedom Template - $146K in Debt - Paying off $146K Debt - 🎧 MUSIC: Song: LiQWYD - Call Me Music provided by Vlog No Copyright Music. Creative Commons - Attribution 3.0 Unported Video Link: Song: LiQWYD - Vacation (Vlog No Copyright Music) Music provided by Vlog No Copyright Music. Video Link: Song: LiQWYD - Flow (Vlog No Copyright Music) Music pro

Get qualified for a better job and increase your income: and use code HAMMER50 to get $50 off the full course. _______________________ Resources I use/would use: 1) Acorns: Start investing, or open a retirement account , and get a free $5 by using my link: 2) Mint Mobile: Cellphone bills are too expensive, use my link to find a plan starting as low as $15/month in just 15 minutes: 3) Aura: Protect your online privacy and security NOW and for free by following my link: 4) Fizz: A debit card that builds credit while preventing overspending: use CALEB10 for a $10 signup bonus! _______________________ Chapters: 00:00 Job and Income 02:09 Already a mess… 06:00 Coursecareers 08:33 what??? 10:47 Not the CREDIT CARDS 13:53 Are you serious?! 19:35 STOP THIS 23:12 Please… 24:10 ENDLESS SPENDING 27:00 Im scared for you... 29:00 Wait there's MORE?! 32:06 You need to budget! 34:38 Not looking good… 37:04 Please just have this! 39:00 Can he do this? 42:43 Just do this ple