Click Here to Schedule a Free Consultation Today! Anyone can do a Roth conversion. You need to have money in an IRA. There are no income limitations. The question comes down to how much tax you want to pay. Do you feel like your tax bill will be lower or higher if you were to …
Click Here to Schedule a Free Consultation Today! The first type of LIRP is Whole Life. It goes back to the very beginning of life insurance and is designed to last you your whole life. You contribute money to your account and that money grows in a predictable way, earning anywhere from 3-5%. Because of …
The Four Types of LIRP’s and How to Find the Best one for You Read More »
Click Here to Schedule a Free Consultation Today! The whole Power of Zero paradigm is predicated on tax rates being much higher in the future than they are today. If you don’t believe that, the Power of Zero paradigm is not one you’re likely to warm up to. Step one is to recognize that taxes …
Click Here to Schedule a Free Consultation Today! There is a massive disconnect between what people think the future of tax rates will look like and what they are doing to prepare for it. If you believe that tax rates will be 1% higher than they are today, you should have as much money as …
Click Here to Schedule a Free Consultation Today! The tax free paradigm essentially says there is an ideal amount of money you should have in your taxable and tax deferred buckets. Everything above and beyond that should be systematically repositioned in the tax free bucket. The ideal amount of money in your taxable bucket is …
Despite the current trend toward erasing differences between genders, the fact remains that women and men are not equal in all things. When it comes to retirement planning, things are particularly different for women — especially in these five ways: 1. Women live longer — so they can’t wait to plan Living longer may seem …
5 Ways Retirement Planning Is Different for Women Read More »
Many major expenses only shrink once you retire, but health care is hardly one of them. U.S. households led by someone who is 65 or older spend an average of $6,700 a year on health care, according to the Bureau of Labor Statistics’ latest data on consumer spending, which covers July 2017 to June 2018. That translates to …
Here’s How Much Seniors Really Spend on Health Care Read More »
“Well Social Security is a valuable asset for most retirees, it’s been coming under greater pressure over the course of the past decade.” Says America United Senior Planner John T. Davis. “It’s more important today to safeguard that asset than it ever was before. It’s tough to depend on Social Security income to fund your retirement — …
Will You be One of the 96% who will Soon lose $111,000 in Social Security Benefits? Read More »
Social Security pays monthly benefits to tens of millions of Americans, and most of those retirees rely on the program for the bulk of their income every month. What comes as a big surprise to many Social Security recipients is that in some cases, the federal government imposes taxes on their benefits. For the most …
“Deciding Where to Retire can be a difficult choice, ” Says America United Senior Planner John T. Davis. “There are a lot of little pitfalls that can get in the way, and its important that where you live be a center for a new life, where everyone can gravitate towards, and be united as a family.” …
