Plan With The Tax Man

Tax Mistakes New Retirees Make

Nobody likes tax season. But for new retirees, it can come with a few unwelcome surprises. The rules have changed, the income sources have shifted, and strategies that made sense during your working years may no longer apply. Today, we're looking at some of the biggest tax mistakes retirees make, as discussed in a recent Kiplinger article, and whether these match what we see in the real world.
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

From Zero Savings to a Million-Dollar Exit

For many business owners, retirement savings don’t show up neatly in a 401(k) or IRA. They’re tied up in the business itself. Today’s listener question comes from a couple facing a sudden transition from “almost nothing saved” to managing a large lump sum late in the game. And they’re wondering if it’s enough.
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

Financial Hot Takes Under the Microscope

Everyone’s got an opinion about money (especially the people with a book deal or a TV show). Some of that advice is useful. Some of it sounds better on a stage than it works in real life. Let’s break it down.
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

Would You Trade $600 a Month to Protect Your Spouse?

One of the biggest retirement decisions people make doesn’t involve the stock market at all. It’s a choice hidden inside their pension paperwork.
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

Trump Accounts: Free Money or Future Headache?

A new government-backed savings account for kids is coming. On the surface, it sounds like a win. Free money for newborns, long-term investing, and a head start on adulthood. But once you look under the hood, Trump Accounts raise some real questions about taxes, flexibility, and whether they beat existing options. Today, we’re walking through the pros and cons and asking if this new account is worth the effort.
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

I’m 62: Should I File For Social Security Or Wait?

Turning 62 might not feel like a milestone birthday… until you realize the Social Security clock just started ticking. Filing now could put money in your pocket sooner or cost you tens of thousands over a lifetime. How do you pick the right strategy? Let’s break down how to think through one of the biggest retirement decisions you’ll ever make.
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

Am I Behind In My Retirement Savings? What To Do If You Are

Nothing will mess with your financial confidence faster than comparing your savings to your brother, your coworkers, or that guy on YouTube who claims he retired at 38. Your retirement number isn’t a competition. Let’s talk about what really matters when you’re trying to figure out if you’re behind on your savings goals…and what to do if you actually are.
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

What Thanksgiving Traditions Teach About Retirement

From the Macy’s parade to carving the turkey, Thanksgiving traditions can teach us a lot about what makes a great financial plan. Let’s match some of the most loved parts of the holiday with the money lessons they represent.
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

5 Financial Advisor Red Flags You Can’t Ignore

How do you know if your financial advisor is a bad fit for you? What about an advisor that you’re thinking about working with? What red flags should you be looking out for?
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381
 

What It’s Really Like to Be A Client Of A Financial Advisor

Here on the show, we often talk about what it’s like to become a client. But what about what it's like to be a client of a financial advisor? Tune in for a behind-the-scenes look at what it looks like to be a client at Tax Doctor Inc. 
 
Important Links: Website: http://www.yourplanningpros.com
Call: 844-707-7381