The 2024 Election and Your Retirement: Part 4
Game Changer Retirement
In the final segment the conversation turns to healthcare planning for early retirees, the implications of 401k and IRA rollovers, and the potential future of tax increases. Jerry emphasizes the importance of proactive financial planning and understanding the nuances of retirement accounts to avoid penalties and maximize benefits.
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The 2024 Election and Your Retirement: Part 3
Game Changer Retirement
Jerry discusses the importance of having a solid retirement plan, especially during an election year. He addresses common misconceptions about Social Security, emphasizing that it is not going away but may undergo changes in tax regulations. The conversation also highlights the tax implications on retirement income and the necessity for retirees to understand their financial landscape to avoid paying taxes twice on their Social Security benefits.
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The 2024 Election and Your Retirement: Part 2
Game Changer Retirement
The dicusson continues and focuses on critical aspects of retirement planning, emphasizing the importance of having a solid financial plan. The guys dive into estate planning, long-term care considerations, and tax strategies that can enhance financial security in retirement. Jerry highlights the significance of understanding power of attorney, the realities of long-term care costs, and innovative approaches like using life insurance for retirement planning. The discussion culminates in a call to action for listeners to seek expert advice to navigate these complex topics effectively.
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The 2024 Election and Your Retirement: Part 1
Game Changer Retirement
In this episode of Game Changer Retirement Radio, Jerry discuss the implications of the upcoming election and it's impact on retirement planning. Jerry explores the importance of having a solid financial plan that addresses risk and reward, the necessity of income diversification, and the significance of estate planning. This episode emphasizes proactive strategies to mitigate risks and ensure financial stability during uncertain times.
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The New Middle-Class Retirement Plan: Working into old age! Part 4
Game Changer Retirement
In this final segment the guys discuss the transition from growth investments to income investments when saving for retirement. It explores the concept of preferred dividends and how they can provide both growth and income. The importance of understanding the job of each investment and considering long-term performance is emphasized. The conversation also touches on healthcare considerations and the impact on retirement planning. The use of annuities as a tool to create consistent and growing income is discussed, along with the benefits of delaying Social Security. The chapter titles could...
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The New Middle-Class Retirement Plan: Working into old age! Part 3
Game Changer Retirement
In the 3rd episode of this 4 part series Jerry dives into the reasons why people choose not to retire, including a fear of running out of money and a love for the culture and social connections at work. He emphasizes the importance of having a portfolio that provides stable and increasing income, rather than just focusing on growth. Jerry explains the concept of preferred dividends and curated portfolios as strategies for generating income during retirement. He also highlights the need to plan for required minimum distributions (RMDs) and the potential consequences of not having a sufficient...
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The New Middle-Class Retirement Plan: Working into old age! Part 2
Game Changer Retirement
Jerry Linebaugh continues the discussion of retirement planning for the middle class and shares a tip to cut risk and raise returns. He suggests a strategy of maintaining a weighted portfolio, which can be rebalanced once a year. This strategy has historically had a similar upside to the S&P 500 but with about 50% less correction risk. Jerry emphasizes the importance of considering the impact of required minimum distributions (RMDs) and taxes on retirement funds. He also mentions the need for good income strategies and offers a complimentary consultation to discuss these topics.
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The New Middle-Class Retirement Plan: Working into old age! Part 1
Game Changer Retirement
In this episode Jerry focuses on the financial challenges faced by the middle class and the potential impact of tax changes on retirement planning. Jerry Linebaugh discusses the importance of tax planning, risk management, and developing future income plans for retirement. He emphasizes the need for individuals with $500,000 or more in retirement savings to consider strategies that can help reduce future tax burdens. The conversation also touches on the potential expiration of the 2018 tax cuts and the implications for different income brackets. Jerry provides insights into Roth conversions...
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Rollovers... Why , When, How?
Game Changer Retirement
Drew and Jerry discuss rollovers and why someone might want to do a rollover. They cover the different reasons for rolling over, such as changing advisors or wanting more control over investments. They also explain the IRS rules for rollovers and the different ways to do a rollover without incurring taxes or penalties. The conversation touches on the importance of tax planning and the benefits of attending live events to learn more about retirement strategies. Disclaimer: Investment Advisory Services offered through Prostatis Group, LLC, dba Game Changer Wealth, a Registered...
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Social Security and the Newly Introduce Cost of Living Adjustment (COLA)
Game Changer Retirement
In this episode of Game Changer Retirement Radio Jerry Linebaugh discusses the importance of social security in retirement and how to maximize its benefits. He explains the cost of living adjustment (COLA) and its correlation with inflation. Jerry also shares strategies for increasing retirement income, such as annuities and preferred dividend-paying stocks. He emphasizes the need for a comprehensive retirement plan and offers his expertise in areas like estate planning and tax optimization. The conversation concludes with a discussion on the social security clawback and how to minimize taxes...
info_outlineThe dicusson continues and focuses on critical aspects of retirement planning, emphasizing the importance of having a solid financial plan. The guys dive into estate planning, long-term care considerations, and tax strategies that can enhance financial security in retirement. Jerry highlights the significance of understanding power of attorney, the realities of long-term care costs, and innovative approaches like using life insurance for retirement planning. The discussion culminates in a call to action for listeners to seek expert advice to navigate these complex topics effectively.