It’s the last week of the month, so we’re diving into the listener mailbag for today’s episode! Tune in as Scott answers some listener questions that have recently been sent into the show and see what knowledge you can gain from them. Stick around, because these strategies could be useful for your life or help you avoid financial mistakes in the future.
Is Social Security running out of money? Should you go ahead and claim your benefits as soon as you’re eligible just in case it runs out?
We commonly get asked if life insurance is needed in retirement. With many advertisements and commercials emphasizing the importance of life insurance, this can be an understandably confusing topic. So, in today’s episode, we’re going to talk about the purpose of life insurance, explore the circumstances that warrant its need, and discuss what you can do with your policies if you find it unnecessary.
No one enjoys making mistakes, as they can result in wasted time and money and cause significant stress and frustration. In the complex world of retirement planning, there are countless pitfalls one could fall into if you aren’t properly prepared. In this episode, we’re going talk about the top 5 money mistakes that Scott often sees in retirement planning and how to avoid making them.
You’re coming down the final stretch and retirement is quickly approaching. What you do over the next few years could make or break your retirement. Without taking the necessary action to secure your financial future, it could be the difference between enjoying your retirement or having to cut your lifestyle.
In this episode, we dive into a common question: Can you work and receive a wage income while collecting Social Security? The answer may surprise you, as it’s yes, maybe, and no. Join us as we explore each response in detail, discussing whether your benefits would be reduced and uncovering ways to reclaim any deductions. Additionally, we’ll discuss four key ingredients to consider when deciding the optimal time to take your Social Security benefits.
Today we want to share with you three common mistakes to avoid as a married couple planning for retirement.
Retirement can come with a lot of tax questions and concerns. From understanding the tax implications of withdrawing from your retirement accounts to minimizing taxes on investment income, it can be overwhelming. In today’s episode, we’ll break down the 7 tax questions that people approaching retirement are asking.
In This Video: Before you can make the best decision about when to claim your Social Security benefits, you need to be aware of these
In This Video: Social Security will be a big piece of the retirement income puzzle for most Americans, but they don’t always give it as