Finance For Musicians

https://rethinking65.com/2022/11/18/making-music-empowers-seniors/

Happy to be interviewed for this article on the benefits of making music as we age! Rethinking65

Making Music Empowers Seniors Being in a band, or even just listening to music, boosts physical and mental wellbeing. (By Eleanor O'Sullivan)

Musicians' income has struggled to keep up with inflation even before the pandemic. What about for retired musicians or those soon to retire? In my latest article for financial advisors, I share my research on inflation and asset allocation, as well as provide practical ways to create more effective retirement income strategies if inflation increases.

Monte Carlo Shows How Ravaging Inflation Could Be Advisors need to change strategies to protect retirees’ income from a very real threat of continuing inflation in the United States.

You can get four free at home Covid tests by mail from the Federal government at its new site, covidtests.gov. Stay safe out there, friends! I know we are all keeping our fingers crossed that our upcoming gigs are not going to get cancelled.

https://www.covidtests.gov/

COVIDtests.gov - Free at-home COVID-19 tests Every home in the U.S. is eligible to order 4 free at-home COVID-19 tests. The tests are completely free. Orders will usually ship in 7-12 days.

We need a better financial education in the US today. That especially hits home for professional musicians. And that's what Finance For Musicians is all about.

I am a columnist for Rethinking65 and they posted their most read articles for 2021. My article on using the ACA to retire early was number 1 and another on RMD strategies was 10. Musicians don't spend a lot of time thinking about retirement planning, but I hope to change that! We can all find value in seeking financial independence.

2021 Top Articles on Rethinking65 Stories on the ACA, inheritance dilemmas, how to charge clients, where to retire and interesting personalities were among our most popular.

Required Minimum Distributions start at age 72, but the best time to plan is years in advance! If you want greater control over your taxes and when you access your retirement funds, my new article is for you.

Strategies for Lowering Retirement-Account RMDs Starting in 2022, the IRS is making changes that will lower RMDs. You may be able to further reduce them for clients. (By Scott Stratton)