Impacts of Proposed Tax Changes: How the 2022 Tax Plan Could Affect Your Retirement Plan
Introduction Today, the challenge for seniors preparing for retirement does not stop with securing enough funds for a joyful and…
Most people underestimate the costs of retirement but a good rule of thumb to measure how much you would need in financial security is to take your current income and multiply that by x10. With that amount of money saved, invested, and the value of entitlements from Social Security and Medicare a person may be able to maintain a reasonable facsimile of their current lifestyle. The sooner one begins taking advantaged of tax-advantaged investment vehicles such as 401K’s and IRA’s, keeping debt in check, securing the future with insurance, and understanding how entitlements will factor into their retirement the better—but it’s never too late to start.
No one can get to their destination without a roadmap and putting together the financial underpinnings of a well-balanced retirement takes knowledge, discipline and a gameplan to safely arrive. Learn more about how to use investment options, retirement plans, insurance, estate planning, and entitlements to help people Retire Like a Genius.
What are the Tax Implications of Selling Your Life Insurance?
For those looking to monetize their assets and supplement their income in retirement, life settlements an provide attractive tax benefits…
Reverse Mortgages Explained: What Are They and How Do They Work?
Introduction If you are looking for a way to finance a fulfilling retirement in the home you love, a reverse…
Everything You Need to Know About Life Settlement Brokers
Introduction The decision to sell your life insurance policy in a process called a life settlement is often the product…
Understanding Annuities: What They Are and Who They’re For
Introduction Annuities are one of the few investment solutions that ensure you won’t outlive your money, and are a great…