Artwork

محتوای ارائه شده توسط Eric Judy. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Eric Judy یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Player FM - برنامه پادکست
با برنامه Player FM !

End of Year Financial Planning For 2023

20:07
 
اشتراک گذاری
 

Manage episode 388112262 series 3485869
محتوای ارائه شده توسط Eric Judy. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Eric Judy یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal

Join us for a thoughtful episode where we unpack our 2023 edition of key year-end planning strategies for those nearing or embracing their retirement years. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come.
Here’s some of what we discuss in this episode:

  • What rebalancing means and why you want to make sure you have money split into the right buckets.
  • The tax planning strategies to consider before the year ends.
  • What should you review when it comes to insurance and your health options.
  • Evaluating your expenses, income, and your spending plan.
  • Why cybersecurity needs your attention right now.

Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy

  continue reading

15 قسمت

Artwork
iconاشتراک گذاری
 
Manage episode 388112262 series 3485869
محتوای ارائه شده توسط Eric Judy. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Eric Judy یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal

Join us for a thoughtful episode where we unpack our 2023 edition of key year-end planning strategies for those nearing or embracing their retirement years. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come.
Here’s some of what we discuss in this episode:

  • What rebalancing means and why you want to make sure you have money split into the right buckets.
  • The tax planning strategies to consider before the year ends.
  • What should you review when it comes to insurance and your health options.
  • Evaluating your expenses, income, and your spending plan.
  • Why cybersecurity needs your attention right now.

Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy

  continue reading

15 قسمت

همه قسمت ها

×
 
Just like building a snowman in the crisp winter air, creating a structurally sound retirement strategy requires careful consideration and planning. From establishing a solid base to adding protective layers, we’re here to ensure your financial landscape remains cool and collected. Tune in and learn how to build a financial snowman that stands the test of time. So, bundle up and let’s get rolling! Here’s some of what we discuss in this episode: Just like a solid base supports the entire snowman, a foundation of savings forms the basis of your retirement plan. Regular contributions enhance the core of your retirement savings over time. The importance of setting clear, achievable goals. Your retirement plan should be flexible to adapt to changing life circumstances, market conditions, and financial goals. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards. As we go through these eight situations, a few of them might seem pretty straightforward while others might not be as obvious. Here’s some of what we discuss in this episode: Why you never want to pass up on a 401k match. The power of using a Roth rather than deferring taxes into retirement. Tapping into an emergency fund or early 401k withdrawals can be costly. Why claiming Social Security at age 62 might not be your best strategy. Why you shouldn’t skip regular health check-ups and preventative care. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
Ever thought that minor tweaks in your financial plan could lead to major wins? In this episode, we're exploring the surprisingly powerful world of simple financial adjustments. From overlooked savings tricks to smarter insurance choices, we're unpacking those seemingly small steps that can bring about big, positive ripples in your financial life. Here are the small steps we’ll explain today: Keeping the right amount in cash and keeping it in the right place. Consolidate your old 401Ks. Think about replacing high-expense mutual funds. Check your beneficiary designations to make sure they’re all updated. Rebalancing your portfolio. Automate your savings to make sure you’re doing it regularly. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
Join us for a thoughtful episode where we unpack our 2023 edition of key year-end planning strategies for those nearing or embracing their retirement years. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come. Here’s some of what we discuss in this episode: What rebalancing means and why you want to make sure you have money split into the right buckets. The tax planning strategies to consider before the year ends. What should you review when it comes to insurance and your health options. Evaluating your expenses, income, and your spending plan. Why cybersecurity needs your attention right now. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
On today’s episode explore some real-life stories of regret and arm yourself with the essential dos and don'ts to ensure your money works for you, not against you. We’ll cover some important planning areas so whether you’re near retirement or already enjoying the next phase of life, this show will provide valuable financial insight. Here’s some of what you’ll learn today: Why you need to have a plan for your IRA withdrawals because taking money out early can be costly. Don’t chase a lifestyle as your income increases instead of building your savings. How to evaluate college tuition costs and figure out the best return on investment. How costly it can be to retire early if you haven’t planned it out. Have you looked into the Roth investment options? Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
On this episode, we’re going to tackle these questions that might not get much attention ahead of retirement but are essential to success in that next chapter of life. Much of what we’ll take you through will affect the key areas of planning so make sure you’re asking these questions well ahead of the day you want to retire. Here’s are the questions we want to address today: How much are my tax-deferred savings going to cost me in taxes? How much can I withdraw from my savings each year? Should I still have life insurance when I’m retired? What kind of medical coverage will I need over and above Medicare? How much am I really paying in fees and commissions? Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
Are you over 55 and pondering retirement? Dive into the world of Required Minimum Distributions (RMDs) with us. In this episode, we demystify the reasons behind mandatory withdrawals from your retirement savings. Here are a few of the things you’ll learn in this episode: What are RMDs and why are we required to take this money out? Is there any way to avoid taking RMDs? What are the biggest risks you face by not planning in advance? If you don’t need the money for income, what else can you do with your withdrawals? Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? Dive deep in this episode, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. So don't miss out on this episode as we equip you with the knowledge you need to confidently plan for another day in retirement paradise. Here are the retirement truths we’ll break down in this episode: Why everybody needs an income plan. Everybody needs a plan to address long-term care issues. Nobody can consistently time the stock market successfully. Nobody knows how long they’re going to live. Emotions can be an investor’s worst enemy. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
Working with a financial advisor should allow you to build a plan you understand well and feel comfortable with moving forward towards retirement. But not every client-advisor relationship is perfect and there are reasons why people aren’t always happy with their plan. In this episode, we tackle the common complaints and fears about financial situations during retirement. We'll discuss which concerns are well-founded, which are based on misconceptions, and offer insight on how retirees can best navigate their financial future. So don't miss out on this episode as we equip you with the knowledge you need to confidently plan for another day in retirement paradise. Here are some of the things you’ll learn in this episode: Why people feel like their advisor is taking too much risk. The importance of understanding the fees you’re paying. How we help someone that feels like Social Security won’t be enough to cover their expenses in retirement. The importance of communication and building a relationship for our business. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
In today's episode, we'll explore the sensitive and significant process of transitioning from one financial advisor to another. We'll cover how to recognize when your current advisor may no longer be serving your financial needs effectively, the right questions to ask, and crucial factors to consider when searching for a new financial partner. Here are some of the things you’ll learn in this episode: Why we often make the analogy to dating for what we do. Why someone that focuses on accumulation won’t fit you well in retirement and a transition to a specialist might be necessary. The financial implications to consider if you want to change advisors. Why we prefer to judge someone based on subjective metrics rather than performance-based ones. What qualifications should you look for in a new advisor and what questions should you ask? What can you expect from the transition process from one advisor to another. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
From figuring out the right time to be debt-free and when to adjust your portfolio risk, to deciding when to plan for your Social Security benefits or healthcare coverage, this episode guides you through the ideal timeline for each. Tune in to find out how far away from retirement you should have answers to these pressing questions. Here are some of the things you’ll learn in this episode: When should you aim to be debt free? When we want to take a close look at income and figure out where everything will be coming from? The discussion we have with clients about Social Security and a claiming strategy. Should you and your spouse retire at the same time or should you stagger your dates? Do you have too much risk in your portfolio for your age? Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
In this episode, we'll uncover the secrets of guaranteed income versus the uncertain stuff and shed light on the consequences of retiring without a clear income plan. Don't worry if you're feeling lost - we've got your back with practical solutions and expert guidance. Tune in and take charge of your retirement cash flow! Here are some of the things you’ll learn in this episode: The different types of income sources that we typically use for clients. How you should diversify your income streams like you do investments. What is guaranteed income versus non-guaranteed income. How to structure your income to cover your needs and what to use to take care of those wants. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
In this episode, we’ll explore many of the expenses in your life that might drastically change (one way or another) in retirement. We’ll break those expenses down further to see which ones are the top priorities and analyze some of the other factors that impact your cash flow in retirement. Here are some of the things you’ll learn in this episode: The different housing expenses that could have a significant impact. Once you stop working, you will likely eliminate some expenses that have become part of your daily routine. The tax implications you might face and how to find strategies to mitigate that. When you no longer have those monthly savings contributions, it could free up a good chunk of money. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
Celebrate the spirit of July 4th with our latest episode as we tackle the concept of Financial Independence. While the American colonists fought for freedom from British rule, we’re here to discuss what you’re striving to be independent from in your retirement. We’ll unveil the common foes you’ll face on the journey. And good news, no muskets required for these battles. Here are some of the things you’ll learn in this episode: Why we want to have freedom from relying on the government to cover our retirement needs. What we mean by freedom from family and why that is a growing challenge for retirees. Gaining independence from employment and why that doesn’t mean you have to stop working altogether. Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
We’re excited to welcome you to the first episode of our podcast, which we hope will be a great place for you to learn more about us and allow us to pull back the curtain a bit on what we do day-to-day for our clients. To kick things off, we want to introduce you to the host of the show and our business. This episode will give you some of the backstory on Eric and how he got into the financial planning business, and it will also provide a better understanding of our holistic approach for every person we work with. We’ll break the show up into three categories: the business, the person, and the podcast. Hopefully this will lay the foundation for what’s to come so please hit subscribe if you like what you hear! Here are some of the things you’ll learn in this episode: What does it mean to be a Retirement Income Certified Professional? (2:14) How the Golden Rule really drives the Judy Financial Group. (3:51) How helping his mom years ago motivated Eric to get into financial planning business. (6:39) Eric’s growing addiction to pickleball to go along with golf. (11:18) What we hope you learn from the podcast. (16:28) Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy…
 
Loading …

به Player FM خوش آمدید!

Player FM در سراسر وب را برای یافتن پادکست های با کیفیت اسکن می کند تا همین الان لذت ببرید. این بهترین برنامه ی پادکست است که در اندروید، آیفون و وب کار می کند. ثبت نام کنید تا اشتراک های شما در بین دستگاه های مختلف همگام سازی شود.

 

راهنمای مرجع سریع

در حین کاوش به این نمایش گوش دهید
پخش