The following transcript has been automatically generated and is being provided as a matter of convenience: hi i’m john davis i’m a cff i’m a financial planner i focus on retirement and estate planning now my clients are people who are nearing retirement and those who are already retired now one thing i’ve learned over …
https://vimeo.com/515987543 You can only spend the dollars you keep, so you need to understand the rules about taxes on your Social Security benefits. Social Security benefits haven’t always been taxable. From the first Social Security payment in January 1937 all the way to 1983 Social Security benefits were completely tax free. But that all changed …
https://vimeo.com/512701008 In the near future, you’re going to start hearing a lot about the impact of the coronavirus pandemic on the Social Security system. This is likely going to accelerate the timeline for benefit cuts. How can you stay ahead of changes that would result in a pay cut for you? PBS TV host and …
How COVID Will IMPACT SOCIAL SECURITY AND RETIREMENT Read More »
https://vimeo.com/515456275 We expect to hear a lot about the affect of inflation on sources of income that retirees typically depend upon, such as Social Security, or stimulus checks. How do you keep an eye on where inflation is going, to make sure that it doesn’t cut into your spending power, and result in a pay …
HOW WILL INFLATION AFFECT RETIREMENT INCOME AND THE STIMULUS? Read More »
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 »
