Tag: Balanced Retirement

Taxes In Retirement Part 1: Plan For Your Taxes (Ep. 34)

Taxes In Retirement Part 1: Plan For Your Taxes (Ep. 34)

What will taxes in retirement look like? They’ll likely be your largest expense. That’s why we’re dedicating a series to it!

In this episode, John Mints introduces a new series about taxes in retirement. He emphasizes the significance of maintaining financial balance during this phase of life and discusses the impact of the Secure Act on tax distribution and required minimum distributions. Additionally, John expresses concerns about the national debt and government spending.

John discusses:

  • How the complexity of taxes makes tax planning even more important in retirement
  • The impact of the Secure Act on tax distribution and RMDs
  • The government’s handling of the revenue problem and national debt
  • Why prioritizing financial well-being is so important
  • And more!

Resources

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What Does a Balanced Retirement Look Like? (Ep. 33)

What Does a Balanced Retirement Look Like? (Ep. 33)

Suppose you were 65 years old, won the lottery, and had sufficient funds to support your desired lifestyle, cover any potential future needs, and leave behind a satisfying inheritance.  Would you continue working?

Would you put all of your assets in investments that are at risk of losing value?

In this episode, John explains the importance of having a balanced retirement portfolio. He illustrates this with the example of balancing three buckets: market risk, liquidity/income, and tax risk.

John discusses:

  • The need for a balanced income distribution plan
  • How taxes, social security, and Medicare play into your portfolio planning 
  • The complexity of retirement planning and the significance of working with someone who can help put all the pieces of the puzzle together
  • The three buckets you need to look to when managing your portfolio for retirement
  • And more!

Resources

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