Retirement Planning
Backdoor Roth IRA? Avoid These 5 Mistakes
If an investor earns too much to directly contribute to a Roth IRA, there is an opportunity to open a traditional IRA and then convert it to a Roth IRA. However, there can be potential issues that you should think about before doing this. Morningstar discusses five common mistakes that investors run into when doing…
Read MorePODCAST 80: How Will Rising Interest Rate Affect Investors?
Get your complimentary guide to go with this episode: By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products. Below is a transcription of the Ask Gregory Podcast 80 – How Will Rising Interest Rates Affect Investors? Gregory Ricks 00:01 Hey welcome. I’m your…
Read MoreDon’t Let Taxes Dim Your Retirement: How to Plan Ahead with Your ‘Tax Bucket List’
Taxes are always a thought, but have you prepared for the potential tax burden in retirement? Discover the three “tax buckets” and what they mean in this Kiplinger article. Enjoy this complimentary download: By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products. Source…
Read MoreMistakes retirees make and how to avoid them
According to the Federal Reserve, only 37% of non-retired adults believe their retirement savings are on track. 44% believe their savings are not on track, and 19% are unsure. But none of these groups intentionally set out to sabotage their retirement. Here are 11 financial mistakes to avoid according to Investopedia. Enjoy this complimentary…
Read MorePODCAST 77: Who Gets Ownership of My Property After I Pass Away?
Get your complimentary guide to go with this episode: By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products. Below is a transcription of the Ask Gregory Podcast 77 – Who Gets Ownership of My Property After I Pass Away? Hey welcome. I’m your host…
Read MoreSocial Security: How Investing in a Roth IRA Can Boost Your Benefits
Contributing to a Roth IRA means that you’re contributing after-tax dollars, so you can withdraw penalty-free and tax-free after 59 ½. But there’s also another benefit of a Roth IRA according to this Motley Fool article. By contributing to a Roth IRA, you may be able to potentially reduce taxes and keep more of your…
Read MoreLess Than Half of Workers Are Confident They’ll Have Enough Money for Retirement
A large portion of workers dream of retiring one day with enough money to live out their retirement dreams. However, for some workers, retirement may just be a dream. Money.com published a survey by Principal financial services stating that 71% of workers want to retire comfortably, but only 49% are confident they have the money…
Read MoreRetirees, Here’s What to Consider When Buying an Annuity
Annuities are sometimes touted as a solution for retirees concerned about outliving their savings. But these products can be complicated. When retirement is fast approaching and inflation is continuing to rise, knowing how to save for retirement can be a daunting task. If you are considering adding annuities to your retirement plan, check out this…
Read More51% of Older Workers Could Get $2,000 or Less From Retirement Savings
Are you one of them? In these times, Social Security benefits do not provide enough income to get you through your retirement years. This Motley Fool article addresses this issue as well as provides some insight on what savings are now needed in order to enjoy a worry-free retirement. Enjoy this complimentary download: By…
Read MoreRetirees: Go Ahead and Spend More in the Go-Go Years
To have a happy, successful retirement, you need to do more than maximize your return on investment, you need to maximize your return on time. We all know money is a valuable resource, but do you know what is more valuable than money? Time. Retirement should be about enjoying the time you have, not worrying…
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