Hellow guys, Welcome to my website, and you are watching Retire with $2 Million - Unique issues you'll face in retirement. and this vIdeo is uploaded by Arnold & Mote Wealth Management at 2023-07-17T06:00:07-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Retire with $2 Million - Unique issues you'll face in retirement |
| Video Uploader | Video From Arnold & Mote Wealth Management |
| Upload Date | This Video Uploaded At 17-07-2023 13:00:07 |
| Video Discription | If you are in position to retire with $2 million or more, you have done an excellent job saving for retirement. And now, once you retire you will deal with all new issues that probably weren’t on your mind while you were focused on accumulating assets. Here’s a few topics that we cover with clients with around $2 million in assets at the time of retirement: First, we help create tax efficient withdrawal plans. Particularly if a majority of your savings is in pre-tax 401(k)s, 403(b)s, or IRAs, you are likely looking at a very significant tax burden in retirement as the deferred taxes on these accounts come due. We can help evaluate general withdrawal strategies and Roth conversion plans to help reduce this tax bill. Next, a plan for charitable giving. With that level of assets you will have a lot of options to support your charitable wishes. You can donate via QCDs, or qualified charitable distributions from your IRA, or donate appreciated stock directly or through a donor advised fund. Lastly, investing these assets so they can support you through your retirement for many decades to come. You need to keep a portion set aside in safe investments for short term needs. But you have to have some long term returns to help keep up with inflation and potentially rising expenses for many years in the future. We help clients with all these topics, and do so on a flat fee basis. So, don’t feel like you need to pay an advisor 1% of your account every year to help you with these topics. Reach out today and let’s talk about how we help families just like yourself prepare for retirement. MusicBed SyncID: MB01M8GEG4LVVQC |
| Category | Education |
| Tags | finance tips | retirement planning at 60 | retirement planning | retirement income strategies | retirement strategies | retirement income planning | investing for retirement | personal finance | money management | retirement planning at 62 | retirement planning at 65 | retirement planning at 55 | How to retire | retirement tax | retirement tax planning | retirement taxation | retirement taxes | 2 million lifestyle | how to retire | retirement investing | financial planning |
