Reid-Financial

When we head into a bear marker how will that impact your financial future. Minimize your risk and don't suffer because of market corrections. The FED has two choices raise interest rates until we cash into a recession or ignore inflation. Neither is a good choice but one of the two will happen.

Were does the government get all this money they are spending. Well to keep it short and simple they get it from taxes. Below is a history of government expenditures. As we can see its been on a consistent increase from 1960, but since 2020 it has been astronomical. Were are they getting this money, well current and past spending is paid for with our current and future tax dollars. Everyone thinks taxes will go up but most are not aware of how drastic they will spike. If you are overloaded in deferred and taxable accounts your tax risk is far worse than you would ever believe.

Retirement has been changing at a rapid pace. People are living longer, medical costs are rising, and fixed income of the past is losing its value. The risk was shifted from the businesses and government to you. Build a plan to overcome these challenges and retire with confidence.

Mission One Million-Notes
• Need a Blueprint going into retirement, regardless of age
• Foundation Risks- Cash Flow, Markets, Taxes
• Cash Flow- the control over your income and where it goes: savings, debt, retirement, lifestyle

Single Largest Financial Mistake – how people finance their home
*Educated Refinance- debt elimination, opens cash flow, wealth tool

Market Risk- Timing- Losses in early retirement impact your ability to recover
*Sequence of Returns- Market losses in the first 5 years of retirement could shorten retirement funds up to 15 years
Asset Allocation and Diversification- Proper risk management based on your age

Taxes
Qualified plans- are called Tax Time Bombs by *Ed Slot
Tax deferred = Postponing Taxes
What will tax rates be when you retire?
Tax Diversification- Tax-deferred, Taxable, Tax Free
*Tax Free assets- municipal bonds, Roth IRA, Cash Value Life Insurance

Summary: Taxes are as low as they have been, and our debt is as high as ever. Equity management has a major impact on your finances. Market risk in early retirement could eat up years off your retirement plan. Your Financial plan should create the income you need in retirement & keep it safe from retirement risks.

Maximize Social Security and learn how to minimize taxes in retirement this Monday the 24th. Join the free webinar today

Money School Jan 24th: "MAXIMIZING SOCIAL SECURITY AND MINIMIZING TAXES IN RETIREMENT"