In this episode, we’ll cover recent market highs, interest rates, and the Federal Reserve’s influence on investments and retirement.
So you’ve saved up around $2 million and you plan to retire in a few years. As you think through tax strategies to get the most out of that money, the option to do a Roth conversion will often be discussed.
So you’ve saved up $1 million and you plan to retire at age 65. You should be good, right? Well, things could go really smoothly or your retirement could go completely wrong if your retirement plan has been mismanaged.
In today’s episode, we’re going to discuss the financial hazard zone. This is the 10 years leading up to retirement and the first decade of retirement itself. Listen in Scott compares this period to driving through a construction zone, focusing on the need to slow down, think differently, and be prepared for the unexpected.
We recently read an article about three things that are causing pre-retirees – people in their late 50s – to freak out, but we quickly realized these three things could make anyone uncomfortable if they’re within 10 years of retirement.
Do you need to take your Required Minimum Distribution (RMD) from each separate account or can you take the total RMD from just one account? This is a common question that we get from people who are planning in retirement, but the answer will depend on a few different factors.
Are you considering maxing out your 401(k) but unsure what to do next? We face this question all the time at the Sierens Financial Group so today we’ll explore if it’s wise to max out your 401(k) before investing anywhere else.
No matter how much you’ve been able to save through the years, there’s one thing that you should know to be ready to retire. So whether you have $500,000 saved up or millions, today’s video will be beneficial because knowing this will help you be able to answer a number of additional retirement questions.
Today we want to talk about how to reduce your 2024 taxes and your 2024 taxable income. Whether you’re still working or you have already retired, the five strategies we’re going to share with you in this video could potentially reduce your taxes by hundreds or thousands of dollars.
In today’s show, we’re going to share some crucial changes and strategies that will help you navigate your financial landscape in 2024. Scott will break down the latest adjustments you need to be aware of, from increased standard deductions to updates in Social Security and Medicare. We’ll also share some strategic tips and tactics to position your tax and retirement plans for success in the coming year.