The Last 5 Years Before Retirement Will Decide Your Lifestyle - Here's How скачать в хорошем качестве

The Last 5 Years Before Retirement Will Decide Your Lifestyle - Here's How

🔵 Download the Retirement Readiness Guide: https://purefinancial.com/white-paper... 🔵 Schedule a free assessment with an experienced financial professional: http://bit.ly/PureAssessment 🔵 Ask Joe & Big Al On Air: https://bit.ly/AskJoeAndBigAl 🔵 Subscribe: http://bit.ly/YMYW-YT 🔵 Follow the YMYW podcast: https://lnk.to/ymyw Are you prepared for retirement? Are you nervous? How you prepare in the last few years before you retire will greatly impact what kind of retirement lifestyle you’ll enjoy. This week on a brand new episode of Your Money, Your Wealth TV, Joe and Big Al count you down to retirement with the must-do preparations that’ll get you ready to punch the clock for the final time. 00:00 - Introduction 01:31 - Counting Down to Retirement: Prepare, Transition, Retire 02:22 - Prepare: determine your retirement age 03:13: Retirement savings needed by age 04:10 - How will you spend your time? Lifestyle change age 65+ 04:47 - Retirement spending habits 05:22 - Healthcare costs in retirement 05:40 - When to take Social Security benefits 07:08 - Download the Retirement Readiness Guide for free 08:10 - Transition: Catch-up contributions allow a 50-year-old with no savings to max out their 401(k) and have over $1 million by age 70 10:04 - Employer matching contributions and beyond 10:59 - Health Savings Account (HSA) tax-deductible, tax-deferred, tax-free savings 12:03 - Asset allocation during the transition to retirement 13:37 - Taxes on big moves: selling a business, relocating or selling home, rollover accounts 14:49 - Planning your exit strategy: timeline, succession, healthcare, selling assets 15:30 - Download the Retirement Readiness Guide for free 16:28 - Over a third of retirees wish they had chosen investments with a steady income stream 16:51 - Retire: From a Saver to a Spender: Determine expenses and monthly cash flow 18:25 - Sequence of returns risk and market volatility 19:49 - Taxation on retirement withdrawals 21:02 - Portfolio management: reassess risk, asset allocation, extending principal, tax loss harvesting 21:36 - Spousal changes: survivor benefits, divorce benefits, widow's tax 22:43 - When is the best time to do Roth conversions, before or after I am retired? 23:34 - Download the Retirement Readiness Guide for free IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, LLC, a Registered Investment Advisor. • Pure Financial Advisors LLC does not offer tax or legal advice. Consult with your tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. As rules and regulations change, content may become outdated. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors. CFP® - The CERTIFIED FINANCIAL PLANNER® certification is by the CFP Board of Standards, Inc. To attain the right to use the CFP® mark, an individual must satisfactorily fulfill education, experience and ethics requirements as well as pass a comprehensive exam. 30 hours of continuing education is required every 2 years to maintain the certification. AIF® - Accredited Investment Fiduciary designation is administered by the Center for Fiduciary Studies fi360. To receive the AIF Designation, an individual must meet prerequisite criteria, complete a training program, and pass a comprehensive examination. Six hours of continuing education is required annually to maintain the designation. CPA – Certified Public Accountant is a license set by the American Institute of Certified Public Accountants and administered by the National Association of State Boards of Accountancy. Eligibility to sit for the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the requirement is a U.S. bachelor’s degree which includes a minimum number of qualifying credit hours in accounting and business administration with an additional one-year study. All CPA candidates must pass the Uniform CPA Examination to qualify for a CPA certificate and license (i.e., permit to practice) to practice public accounting. CPAs are required to take continuing education courses to renew their license, and most states require CPAs to complete an ethics course during every renewal period. #retirementplanning