Today I'm going to share what retirement savers need to know about variable annuities. Insurance products are great and all. But this confusing product was charging my client $15,000 per year in hidden fees for benefits she didn’t even need. If you own a variable annuity, or you have considered purchasing one to save for retirement, today's episode is for you. How to Listen to Today’s Episode: Click to Listen on All Podcast …
The Correct Order for Saving & Investing Your Money
Today I'm sharing the correct order for saving and investing your retirement dollars. Most people think the first stop for your hard-earned money is your 401(k) or IRA, but that's not always the case. Knowing exactly where to save your money 1st, 2nd, 3rd, etc., can make a big difference in your long-term savings and future tax bill. So, if you have always wanted to know the order of operations for saving your money, this episode is for …
Per Stirpes: How This Funny Word Can Save You From Sending Thousands (or Millions) of Retirement Dollars to the Wrong Beneficiary
Today I'm going to tell you what per stirpes is, in Plain English. Why? Because most retirement investors skip this step when setting up their retirement accounts. And skipping this step can result in thousands (or millions) of your hard-earned dollars going to the wrong person. The good news is that you don't even need an attorney to take action. So, if you want to learn how you can avoid making a big estate planning mistake, you …
