Shotwell Rutter Baer Financial Planners

Sometimes it does.

Sometimes it doesn't.

Your pension is only one piece of the retirement puzzle. Social Security eligibility, your 401(k), your 457(b), healthcare costs, and retirement timing can all impact your future income.

The challenge isn't having benefits.

It's understanding how they work together.

Download our free State of Michigan Benefits Guide:
https://srbadvisors.com/state-of-michigan-benefits/

Retirement planning is not only about building savings. The real challenge is creating dependable income from those savings once retirement begins.

In this episode of Kitchen Table Finance, we discuss retirement income strategies for MSU employees, including Social Security timing, withdrawal strategies, taxes, and TIAA options.

Watch the full episode here: https://srbadvisors.com/s5e11-how-to-calculate-your-retirement-income/

Subscribe for more retirement planning conversations:
https://www.youtube.com/

One retirement tax issue that many people underestimate?

Required Minimum Distributions.

If you retire early and leave large balances in pre-tax retirement accounts, those accounts may continue growing for years before RMDs begin at age 73.

That growth can eventually create larger mandatory withdrawals, increase taxable income, and potentially affect other areas of your retirement plan.

In this clip from Kitchen Table Finance, Dave explains why projecting future RMDs matters earlier than most people think.

Catch the full episode here: https://srbadvisors.com/s5e10-top-tax-mistakes-pre-retirees-make/

Contact SRB today at 517-321-4832 or email us at [email protected].

What Happens When the Fed Changes Interest Rates

You have probably heard the phrase, " Do not fight the Fed." But what does that actually mean?

In this clip, we explain how interest rates impact the stock market and why investors pay close attention to Federal Reserve decisions. Lower rates tend to support markets, but cutting rates too soon while inflation is still present can create new problems.
Right now, the Fed is in a wait-and-see position as it balances inflation and unemployment.

Watch the full episode for a deeper breakdown of what this means for your investments and long-term plan. Don’t forget to subscribe for more practical financial guidance.
https://youtu.be/d8rF9KFNr8U

If you’d like help with your investments and retirement plan, contact SRB today at 517-321-4832 or email us at [email protected].