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…

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PODCAST 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…

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Don’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…

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Mistakes 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…

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PODCAST 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…

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Social 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…

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Retirees, 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…

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51% 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…

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Retirees: 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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