Timothy Sumer

People do Roth IRA conversions because they want to save on taxes or create a larger legacy for the next generation. It’s not easy to know if Roth IRA conversions are right for you. The answer to these questions will help you narrow in on this important decision. 🔥 What Issues Should I Consider Before I Retire? Get started today: Subscribe to be notified of future videos: 🔑 Key Topics : 0:00 - Intro 0:57 - Roth Conversions 5:00 - Planning Software 8:06 - Is It Good for Us While We’re Alive? 8:58 - Is It Good for My Heirs? 10:49 - Am I Willing to Let It Defer for Several Years? 11:31 - Outro ___________________________ We're a Frisco, Texas-based independent financial advisory firm serving individuals in several states nationwide. We're here to listen to your needs and guide you through the financial planning process. ___________________________ CONNECT 🤝 Nick's Newsletter: Facebook: Instagram: Linkedin: YouTube: ___________________________ CONTA

retirement planning | INCREASE RETIREMENT SAVINGS|REDUCE TAX! Are you an entrepreneur striving for early retirement while minimizing your tax liability? This video is designed to help you achieve your retirement planning goals! We'll explore different retirement savings strategies and tax-advantaged retirement accounts, such as Solo 401(k), SEP IRA, SIMPLE IRA, Traditional IRA, and Roth IRA, which are essential for your financial planning journey. Discover how to maximize your retirement savings contributions, harness the power of tax-deferred growth, and determine if a Roth option aligns with your retirement planning objectives. We'll also share valuable tips on how to optimize your retirement savings by deducting business expenses and collaborating with tax professionals. By focusing on your retirement savings and implementing effective financial planning strategies, you can work towards early retirement and secure a comfortable future. Don't forget to subsc

How much will money will you need in retirement, adjusted for inflation? Today on Your Money, Your Wealth® podcast 431, Joe Anderson, CFP® and Big Al Clopine, CPA spitball on your future dollars, how to calculate the tax on Roth conversions, and the benefits of converting to Roth in down markets. Plus, should retirement savings contributions be half pre-tax and half post-tax? And finally, saving to a 529 plan for your kids, or sending them to Hollywood stunt training camp - which would you do!? 00:00 - Intro 00:49 - How Much Will I Need to Retire in Future (Inflated) Dollars? (Jared, Clifton Park, NY) 05:51 - Can We Retire Early With $400K Savings and $80K Pensions? That Depends on the Inflation Factor (Marcus, Queens, NYC - from episode 373) 14:36 - Big Al’s Quick Retirement Calculator - download: 15:22 - How to Calculate Tax on Roth Conversions & the Benefits of Converting in Down Markets (Robin) 20:00 - Should I Save Half Pre-Tax and Half-Post Tax for Retirement? (

- Want To Learn More With Thomas? - ■ 💸Not sure If you are on the right path in saving? 💪 Download this FREE Financial Clarity Checklist: - ■ 💰Want to have a chat with Thomas? 🕵 #cpp #oas #gis 3 Retirement Benefits in Canada | CPP OAS GIS, How Do They Work? | Retirement in Canada For today’s remaster project, I’ll go over Canada’s top 3 pension plans CPP, Canada Pension Plan, OAS, Old Age Security, and the GIS, Guaranteed Income Supplement. how do they work? I will go over the details again and share how you can get up to $1800 per month for your retirement in canada What benefits you can get from the Canadian Government when you are retired and how are they different from each other? CPP - Canada Pension Plan OAS - Old Age Security GIS - Guaranteed Income Supplement All CPP, OAS, and GIS are designed to replace a certain amount of your income up to a certain limit each year. In today’s video, I will go over what the benefits are, how they wo

Even though last year is done, there are still some potential ways that you can actually save on last year's taxes. These are just some last-minute tax deductions that we might be able to take to keep a little bit more of what we make. Dave Zoller, CFP® HSA VIDEO : ❤️[MY FAVORITE retirement planning SOFTWARE + VIDEO WALKTHROUGH]❤️ Achieve Your Successful & Secure Retirement WITHOUT A Financial Advisor 🎯REACH OUT FOR A FREE PLANNING CALL WTH ME🎯 🌄 Find Your Purpose In Retirement 🌄 🍀Get The 5-Minute Retirement For Free🍀 ----------------------- ⬇️ ⬇️ ⬇️ POPULAR RETIREMENT VIDEOS 7 Things Happy Retirees Do Well. retirement planning Tips From Recent Retirees Why Delaying Retirement Might NOT Be a Good Idea Is The S&P All I Need to Retire? 3 Must-Have Assets When retirement planning . ----------------------- #retirement #howmuchtoretire #retirementplanning MUSIC: Stary Sky- Simon Grob Subway Dreams- Dan Henig Disclaimer: Since we

📈📚 Join The Investing Academy ➤ Today we talk about the Canadian Public Pensions Plans: CPP, OAS, GIS #stockmarket #canada #theinvestingacademy ----------- Want to join The Investing Academy Community? If so, be sure to check out our website. We offer online courses for Canadians that will give you a full understanding of the stock market fundamentals, walk you through step-by-step in getting your accounts set up, or take your investing to the next level. You’ll also get to become part of our private community to meet the other students and work alongside us. Website ➤ ----------- Follow Us Here: Facebook: Instagram: LinkedIn: ----------- Intro (0:00) Canada Pension Plan (2:27) What is the CPP? (5:40) Criteria (8:36) Low-Income Provisions (11:10) When to start CPP (11:59) CPP Benefits (16:28) Applying for CPP (19:53) Old Age Security (21:26) Eligibility (22:05) When to Start (23:45) Amounts (25:24) Repayment (26:16) How to Enroll (29:42) Guaranteed I

Download my FREE Cheat Sheet, CLICK HERE ... ( 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 Write an article about Social Security Earnings Limit Explained in English https://inflationprotection.org/rewrite-this-title-social-security-earnings-limit-explained/?feed_id=103244&_unique_id=64784600b8952 #Inflation #Retirement #GoldIRA #Wealth #Investing #collectingsocialsecurityandworking #howmuchcaniearnwhileonsocialsecurity #howmuchdoineedtoretire #Medicare #socialsecurity #socialsecuritybenefitsatage62 #socialsecurityearningslimitpaybackcalculation #socialsecurityexplained #socialsecurityincomelimit #SocialSecurityIncrease #socialsecuritypayments2022 #socialsecurityquestions #socialsecurityretirement #socialsecurityretirementbenefits #themedicarefamily #workingandsocialsecurity #SpousalIRA #collectingsocialsecurityandworking #ho

In this video, I'm going to share with you why the majority of people can't retire. I'll discuss the three main reasons and provide you with solutions so that you can retire on your own terms. If you're looking to retire on your own terms, then you need to watch this video! I'll share with you the reasons why the majority of people can't retire, and provide you with solutions so that you can retire on your own terms. Whether you're a young person or an older person, you need to watch this video to understand the challenges you'll face when you try to retire on your own terms. FOLLOW US ON: Facebook: Instagram: Pinterest: Blogger: Let’s talk about social security, cnbc, election, latest news, google news, stocks, news today. Let’s talk about retirement, fox news today, world news, donald trump, joe biden, trump, fox news. Let’s talk about retire, ssi, expand social security, donald trump medicare. Let’s talk about republicans social spend

I'M 55 OLD, HOW TO PREPARE FOR RETIREMENT? | $300,000 IN 401K If you're 55 years old or older and are planning to retire soon, then you need to watch this video! I'll share with you tips for saving money, preparing for retirement and making the most of your money while you're still working. I hope you find this video useful and that it helps you achieve your retirement goals! 00:00 Introduction 00:35 Hypothetical Case 02:52 Retirement Goals 03:34 Current Scenario 05:33 First Scenario 06:17 Play zone 07:36 Improving Score 08:48 Know Your Retirement Score 09:01 Figure Out How Long You Should Be Working 09:15 Try Not To Overfund Your Taxed Deferred Accounts **************************************************************************************** 🟢 💸 DOWNLOADABLE RESOURCES: 💸 🟢 ************************************************************************************ ★ Subscribe to our channel for time sensitive Tips! ★ **********************************

In the short term, things can feel and objectively be chaotic. There is no doubt that we live in an uncertain world. However, on the flip side, long-term trends are stubbornly consistent. These trends should be a source of encouragement. In this video, we explore this important perspective. Are you within five years of retirement or already retired? Visit our website to find out how to get your complimentary retirement plan and a second opinion on your current planning. Here's the link, Access our complimentary retirement planning Resource Bundle. Click the following link to learn more, Investing for Retirement Course - we have prepared a comprehensive course that reviews the key elements for building your retirement portfolio. You can get access to this FREE course by clicking the following link, Welcome to our channel. On a regular basis, we upload content related to the topics of retirement and overall wealth planning. Although our focus will be on financial to

Retirement plans are sure to need a few changes due to the SECURE ACT 2.0 updates that passed in December of 2022. New required minimum distributions, lower penalties, more ways to save for retirement, and more mark this over 4000-page law. There are over 100 changes that will need to be implemented over the next several years. In this video, I cover 10 key changes that stand out! 📃 Download Your Secure 2.0 Comprehensive Summary List 🔥 Get The Ultimate Social Security Cheat Sheet Here! www.ss.brindleandbay.com 🔑 Key Topics : 0:00 - Intro 0:52 - RMD Pushed Out 2:51 - Reduced Penalties for Missing RMD 3:31 - Ways Around 10% Penalty 5:25 - No RMD on Roth 401Ks 5:58 - New SEP Roth IRA & Simple Roth IRA 6:49 - 529 to Roth IRA 8:54 - Employer Match Can Be Roth Election 9:39 - High Earner Catch-Up Must Be Roth Election 10:37 - Increased Catch-Up Contributions 11:57 - New Inherited Account Election for Spouses 13:41 - Outro ___________________________ We're a Frisc

How much do I need to retire? You might be surprised to learn that $1 million isn't enough. How much do you need to retire, how much do you need to save for retirement, and how to invest to reach your goals? Sean Lehman answers those questions in this video. Sean Lehman - 👑 We Profit Day and Night Coaching Program 👑 Coaching, Classes, Community Discord, and Trade Alerts from Stock Curry ✴️ Moomoo ✴️ 🇺🇸 - UNITED STATES ▶ 🇺🇸 - 10 Free Stocks when you deposit $100 🇺🇸 - 20 Free Stocks when you deposit $1,000 🇸🇬 - SINGAPORE ▶ 🇸🇬 - 1 Free Share of Amazon when you deposit $2,700 🇦🇺 - AUSTRALIA ▶ 🇦🇺 - $110 cash when you deposit $1,000 🔹 Webull 🔹 Up to 12 free stocks with $1 deposit 🤑 MILLIONAIRE CLUB 🤑 Portfolio - Videos - ------------------------------------------------------------------------------------------- *DISCORDS* We Profit Day and Night - Lucrum Investing (Day Trading Discord) - *TRADING PLATFORMS* *FREE RESOURCES* *TRAINING

Up to 85% of your Social Security can be taxed. Any tax on your Social Security is double taxation because you’ve paid into the system on post-tax money. Some people will pay more in taxes than others due in part to the “phantom tax” Social Security creates. Learn the three things to do that can help to reduce or eliminate your extra taxation on Social Security. 🔥 Get The Ultimate Social Security Cheat Sheet Here! Visit us at: How Is SS Taxed? : 🔑 Key Topics : 0:00 - Intro 0:44 - Background Info 2:09 - Adjust Your 401K Contributions 3:27 - Overstuffing 401K Example 4:52 - Put Some Dollars in Roth 6:19 - Strategize Your Taxes 8:00 - Outro ___________________________ We're a Frisco, Texas-based independent financial advisory firm serving individuals in several states nationwide. We're here to listen to your needs and guide you through the financial planning process. ___________________________ CONNECT 🤝 Nick's Newsletter: Facebook: Instagram: Linkedi

If you’re nearing retirement, or already retired, you might look for more predictably with your investments. Rebalancing your investment portfolio can help with that. But when’s the best time to rebalance? There are two strategies. 1. time-based rebalancing and 2. trigger-based rebalancing. Each has its own advantages and risks. If you’re considering rebalancing your investment portfolio on your own, here are two tools that could help. Personal Capital Rebalancing tool - Rob Berger’s Rebalancing Spreadsheet - 👨‍👩‍👧‍👦The Family Planner👨‍👩‍👧‍👦 Make Life Easier For Your Family 🌄 Find Your Purpose In Retirement 🌄 🍀Get The 5-Minute Retirement For Free🍀 🎯REACH OUT FOR A FREE PLANNING CALL WTH ME🎯 ❤️[THE "DO IT YOURSELF" RETIREMENT PLAN] Achieve Your Successful & Secure Retirement WITHOUT A Financial Advisor 🙏 [CHARITABLE GIVING STRATEGY SESSION]🙏 Maximize your impact for charities and minimize your taxes ➡️ [MAKE RETIREMENT AN AD