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Showing posts with the label howtosaveforretirement

CPA Explains the Disadvantages of Investing in a 401k

#401k #IBC #Investing In this video, I give 3 reasons why you SHOULDN'T contribute to a 401k, and propose an alternative savings strategy you may never have heard of. Chapters 0:00 Introduction 0:50 Taxes 1:00 Delaying the Tax 1:30 Lower Tax Myth 2:04 Lower Income Myth 2:44 The LIE 3:18 Government Program 3:47 Access & Control 4:26 Others Benefit 5:15 Saving vs. Investing 5:52 Government Confiscation 7:14 What To Do Instead? 8:52 Disclaimer 9:30 Summary and Conclusion For more information on the Infinite Banking Concept ® Financial System (IBC), visit: Nelson Nash Institute: To find an Authorized IBC Practitioner in your area, visit: Disclaimer: The Infinite Banking Concept® is a registered trademark of Infinite Banking Concepts, LLC. Maxwell McGuire, CPA is independent of and is not affiliated with, sponsored by, or endorsed by Infinite Banking Concepts, LLC.... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment Durin...

6 Money Scams Targeting Elderly Individuals: Retirees Lose $28.3 Billion Annually

FREE GOLD INVESTMENT GUIDE: OPEN AN ACCOUNT TO START INVESTING IN GOLD WEBSITE: *DISCLOSURE: Noble Gold Investments or any of its employees are not certified, financial advisors. Opinions, information, tips, and all contents expressed are for information purposes only.* #goldinvestmentira #securefinancialfuture #investmenttips _____________________________________________ Retirees get robbed $28.3 billion a year and 88% of cases are unreported Family, friends, caregivers and other trusted people are the most common perpetrators of financial abuse. The rate of financial exploitation has more than doubled since mid-March of 2020, exacerbated by the social isolation of the pandemic, according to a separate 2022 study by the AARP Public Policy Institute. Jilenne Gunther, National Director of AARP’s BankSafe Initiative and lead author of the report, said that while strangers often rely on quick and irreversible transactions such as gift cards or wire transfers, perpetrat...

Discovering the Financial Backers of These Bank Bailouts

FREE GOLD INVESTMENT GUIDE: OPEN AN ACCOUNT TO START INVESTING IN GOLD WEBSITE: *DISCLOSURE: Noble Gold Investments or any of its employees are not certified, financial advisors. Opinions, information, tips, and all contents expressed are for information purposes only.* #goldinvestmentira #securefinancialfuture #investmenttips _____________________________________________ By now, we should know three things: One, three banks failed - Silicon Valley Bank, Signature bank, and silvergate. Two, an international bank, a bastion of Switzerland’s economic prowess, has been bought out by its competitor UBS And three, the White House decided to guarantee all deposits of SVB and Signature banks but promised taxpayers won’t bear the burden. It’s the last point we will be dwelling on because if we won’t bear the burden, who will? _____________________________________________ CONNECT WITH US ON SOCIAL: Instagram: instagram.com/noblegoldinvestments/ Facebook: facebook.com/nobleg...

Living Abroad in Retirement: Exploring Overseas Retirement Options and Age Pension Benefits #RetirementAbroad #OverseasLiving #AgePension

Retirement overseas and the Age Pension entitlement are some of the big issues for many retirees. Overseas retirement has been a big trend over the last few years in Australia, and this trend is only growing. People are searching for a new place to live outside of Australia, especially for their retirement years. So in today's video we will continue taking about retirement overseas, reasons for it, and specifically issues you have to deal with, if you wish to receive or continue receiving your Age Pension payments. But this is just the beginning. Over time, we will dive deep into this topic and maybe even go country after country to help you make this transition of your life from Australia to another country a bit easier from legal and financial standpoint. So first review the main reason for such a big decision as leaving the country you spend your lifetime in, and moving to a new, unknown environment: 1. Returning to the place where you were born - you want to reu...

The Simplest Method to Start Saving for Retirement, as Suggested by Ramit Sethi

Growing your retirement fund doesn't have to be a scary proposition. » Subscribe to CNBC Make It.: How many of us have heard the advice that we need to invest in the stock market?" self-made millionaire and personal finance guru Ramit Sethi tells CNBC Make It. "The common way we think about investing is sitting in front of four [computer] monitors, watching all these words fly by — 'P/E ratios, asset allocation' — and, then we make some investment. "That's not how you invest." Instead, Sethi, who wrote the book "I Will Teach You to be Rich" and founded GrowthLab.com, a website with advice for entrepreneurs, advises looking into something called a target-date fund for retirement investing. "What you need to do is start off in a really simple way, and all you need to know is the date that you are going to retire," he says. This is how Sethi describes the process of starting a target-date fund: "The computer kno...

Understanding Self-Directed Brokerage Accounts

A Self-Directed Brokerage Account (SDBA) is an offering within an employer-sponsored retirement plan that allows the employees more variety, flexibility, and control over how their 401(k) savings are invested. This video explains what a self-directed brokerage account is and why you may want to make it part of your investing plan. Subscribe: TD Ameritrade is where smart investors get smarter. We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know. Connect with TD Ameritrade: Facebook: Twitter: Open an account with TD Ameritrade: ... ( 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 Self-Directed Brokerage Accounts Explained in English Investing can often seem like a daunting task, especially for those who are not familiar with the world of stocks, ...

Get a Free 1/4 oz Gold Coin!

FREE GOLD INVESTMENT GUIDE: OPEN AN ACCOUNT TO START INVESTING IN GOLD WEBSITE: *DISCLOSURE: Noble Gold Investments or any of its employees are not certified, financial advisors. Opinions, information, tips, and all contents expressed are for information purposes only.* #goldinvestmentira #securefinancialfuture #investmenttips _____________________________________________ The 1/4 oz British Gold Standard Coin was originally designed by The Royal Mint to honor the 200th of the gold standard in the UK. When fiat currency was decoupled with gold, it started the disintegration of the global economy. Global economic and political power has shifted, instability has been reigning in different parts of the world, and the cracks in the financial system are starting to split the world open. Recent global economic developments are giving this coin a new spirit. The conflict between Ukraine and Russia has firmly divided the world with some countries disagreeing how the US Dolla...

Real Estate Dethroned as GOLD Takes the Crown

FREE GOLD INVESTMENT GUIDE: OPEN AN ACCOUNT TO START INVESTING IN GOLD WEBSITE: *DISCLOSURE: Noble Gold Investments or any of its employees are not certified, financial advisors. Opinions, information, tips, and all contents expressed are for information purposes only.* #goldinvestmentira #securefinancialfuture #investmenttips _____________________________________________ _____________________________________________ CONNECT WITH US ON SOCIAL: Instagram: instagram.com/noblegoldinvestments/ Facebook: facebook.com/noblegold/ _____________________________________________ gold stocks buying gold gold etfs gold price history gold bullion silver stocks buying gold near me historical silver prices gold barrick gold investment buying gold bars gold panning silver stocks price best gold stocks buying gold online buying gold coin buying gold and silver gold bullion price buy gold stocks gold fields gold stocks etf gold a good investment gold price history chart buy gold bullio...

Ideal time to claim Age Pension after retirement from work

When should I apply for Age Pension if I just retired from work and I earned more then the Income Test allows? This is the question I keep getting very often and there is no place to find any answers, so here is mine. The fact that you earned more that the Income Test allows, because you were working for part of the year, has no bearing on the outcome of your Age Pension application.  This is one time, when Centrelink is looking only at your situation at the time of your application and not your past.  This is because Centrelink is working on the basis of the fortnightly earned income and not full financial year. Unlike ATO, Centrelink is not interested how much money you've earned for the year, only what is your income in the fortnight you are being assessed.  If you've just completed your employment, please organise with your employer the letter confirming your retirement.  Therefore, when completing your Age Pension application, you will be required to provide t...

Maximize Retirement Savings and Minimize Taxation with Strategic Retirement Planning

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...

Maximizing Retirement Accounts: Unlocking the Potential | Portfolio Rescue

On episode 28 of Portfolio Rescue, Ben Carlson and Duncan Hill are joined by Ritholtz Wealth CFO and tax expert Bill Sweet! Submit your questions to askthecompoundshow@gmail.com! ►00:00 - Intro ►0:2:58 - Are ETF's/Index Funds safer compared to individual stocks? ►08:51 - The data against crypto being an inflation hedge has been mounting for over a year now. Can we finally put the argument to bed and call it a myth? ►14:21 - Could you please explain how capital gains affects your AGI and taxable income? ►19:01 - How does an individual investor get more money into their IRA accounts if they've already made their contribution for the year? ►22:41 - Direct indexing and its benefits versus passive indexing in a taxable account. Sign up for The Compound newsletter: Check out The Compound shop: Listen to our podcasts: The Compound and Friends: Animal Spirits: Portfolio Rescue: Talk with us about your portfolio or financial plan here: Check out Rith...

Who Will Shoulder the Responsibility of Bank Rescues?

FREE GOLD INVESTMENT GUIDE: OPEN AN ACCOUNT TO START INVESTING IN GOLD WEBSITE: *DISCLOSURE: Noble Gold Investments or any of its employees are not certified, financial advisors. Opinions, information, tips, and all contents expressed are for information purposes only.* #goldinvestmentira #securefinancialfuture #investmenttips _____________________________________________ _____________________________________________ CONNECT WITH US ON SOCIAL: Instagram: instagram.com/noblegoldinvestments/ Facebook: facebook.com/noblegold/ _____________________________________________ gold stocks buying gold gold etfs gold price history gold bullion silver stocks buying gold near me historical silver prices gold barrick gold investment buying gold bars gold panning silver stocks price best gold stocks buying gold online buying gold coin buying gold and silver gold bullion price buy gold stocks gold fields gold stocks etf gold a good investment gold price history chart buy gold bullio...

rewrite this title What is an IRA ? (Individual Retirement Account)/ Course to Billionaire

What Is an IRA? An individual retirement account (IRA) is a savings account with tax advantages that individuals can open to save and invest in the long term. Like a 401(k) account that an employee obtains as a benefit from their employer, an IRA is designed to encourage people to save for retirement. Anyone who has earned income can open an IRA and enjoy the tax benefits that these accounts offer. Unlike a 401(k), however, individuals can open an IRA without involving their employer—that’s why they are known as individual retirement accounts.... ( 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 What is an IRA ? (Individual retirement account )/ Course to Billionaire in English https://inflationprotection.org/rewrite-this-title-what-is-an-ira-individual-retirement-account-course-to-billionaire/?feed_id=103363&_...