Retirement Planning

Don’t Forget THIS Diversification When Investing for Retirement

14 total views
On today’s show, I discuss one of the biggest mistakes I see most baby boomers make when saving for retirement.

It’s important to balance your net worth categories (Post-tax, pre-tax and tax-free) so you have more flexibility in retirement to control your taxes when you take distributions to pay for retirement. Using IRAs, 401(k)s, ROTH IRAs, ROTH 401ks as well as after taxes investments can help you rock retirement.

CORRECTION: Withdrawals from IRAs and 401ks do not decrease your SSA benefit prior to FRA. I misstated in the video.

++++++

Get retirement tips every Saturday in our 6-Shot Saturday e-mail https://rogerwhitney.com/6shot/

++++++

Check out my new book, Rock Retirement https://rogerwhitney.com/book/

++++++

Subscribe to the award-winning Retirement Answer Man Podcast https://apple.co/2JWZxuy

This is for informational purposes only. Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by the WWK Wealth Advisors), or any non-investment related content, made reference to directly or indirectly in this webinar will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this webinar serves as the receipt of, or as a substitute for, personalized investment advice from the WWK Wealth Advisors. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. The WWK Wealth Advisors is neither a law firm nor a certified public accounting firm and no portion of the webinar content should be construed as legal or accounting advice. A copy of the WWK Wealth Advisors’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

Share this Post

About Us

What started as a mission to share what's happening in the insurance world today has grown into your daily go-to for insurance, financial planning, and retirement planning news.

Logic Bar Text Click Here