5 Financial Phases Of Life In Retirement
We plan for retirement, save for retirement, and dream of retirement, but we often approach it as one single phase of life.
https://pointwealthmanagement.com/thank-you-for-downloading-your-tax-guide/
Skip to contentWe plan for retirement, save for retirement, and dream of retirement, but we often approach it as one single phase of life.
Unraveling Three Common Misconceptions That Can Sabotage Your Retirement Dreams By, Jeremy Reif, CRPS Retirement is arguably one of the most popular topics in the
Choosing Between Traditional and Roth IRA Contributions: Which is Right for You? By, Jeremy Reif, CRPS Traditional vs. Roth has been debated since the
Strategies for Reducing Retirement Taxes. Understanding how taxes work in retirement is crucial to maximizing your income and ensuring your savings last.
Artificial intelligence (AI) is making a large impact on many industries in a very short amount of time. This may be the modern-day equivalent of an
Financial Influencers; This will increase the need to navigate all financial advice with caution.
“AXA Equitable’s Accumulator “Buyout Offer”: A Look Back at Their Strategic Financial Move and Its Implications Today”
As we bid farewell to the old and usher in the new, the dawning of a fresh year brings with it a sense of renewed hope, opportunity, and the chance to make positive financial changes.
Have you worked with an advisor in the past? Are you 100% satisfied with your financial situation? Have you ever found yourself saying, “I think everything is okay with my money”? If you aren’t sure about your answers, this article is for you. As an advisor, these questions raise some pretty blatant red flags. One of the greatest fears many retirees have is that they will have to go back to work because they don’t have enough money to live on in retirement. So even if you’ve worked with an advisor in the past, let’s not take a chance with your finances. Let’s make absolutely certain your finances are in the best shape possible. Here are some reasons you may want to pursue a second opinion.
Required Minimum Distributions (RMDs) are the ultimate chess match between you and the Federal Government, more specifically, the Internal Revenue Service (IRS).
Taxes are a reality of the society we live in, but you’ve probably asked yourself, “How do I pay as little tax as possible over my lifetime?” at least once or twice! And when it comes to your retirement, taxes become an even more important issue because you want your hard-earned savings to last as long as possible. Paying little to no tax on your retirement funds may seem like a pipe dream, but it really is possible with a bit of foresight and strategizing.
Retirement planning is a crucial aspect of financial planning, and deciding where to custodian your retirement savings is a vital part of that process. Upon termination of employment, regardless of if the termination is your choice or not, a decision ultimately should be made. The two most common options for retirement savings once you move on from an employer are moving the money to another employer-sponsored 401(k) type of plan or rolling to an individual retirement account (IRAs). When it comes to deciding between these two options, there are pros and cons to each.
All content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. Nor is it intended to be a projection of current or future performance or an indication of future results.
Opinions expressed herein are solely those of Point Wealth, LLC. and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser before implementation. Advisory services are offered through Point Wealth, LLC., an Investment Advisor in the State of Wisconsin. Being registered as an investment adviser does not imply a certain level of skill or training.
The information contained herein should in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of Wisconsin or where otherwise legally permitted. Images and photographs are included for the sole purpose of visually enhancing the website. None of them are photographs of current or former Clients. They should not be construed as an endorsement or testimonial from any of the persons in the photograph.
Purchases are subject to suitability. This requires a review of an investor’s objective, risk tolerance, and time horizons. Investing always involves risk and possible loss of capital.
Point Wealth, LLC., does not offer tax planning services but may provide references to tax service providers. Point Wealth, LLC., may also work with your independent tax or legal counsel. Please consult a qualified professional for assistance with these matters.