Today I'm sharing the newly released results for the annual "Mind the Gap" study. Once again, investors continued to earn almost 2% less than the funds they invested in each year over the last decade. (Hint: It's not because of fees or taxes.) If you want to learn why this return gap exists, what asset classes are most impacted, and how you can improve your returns, you'll love this episode. How to Listen to Today’s Episode: Click …
Can Required Minimum Distributions (RMDs) Cause You to Overwithdraw in Retirement?
Today I’m talking about Required Minimum Distributions (RMDs). Specifically, I'm sharing: How RMD withdrawal rates can creep up to 12% Why they can cause you to overpay the IRS How to use an RMD-based approach to create retirement income When RMDs can put you at risk of over withdrawing What you can do to reduce your RMD tax bill If you want to get a quick Masterclass on Required Minimum Distributions (RMDs), this episode …
Retirement Income Part 4: Using Dynamic Withdrawal Strategies to Maximize Income
Today I’m wrapping up our retirement income series by talking about Dynamic Withdrawal Strategies. Dynamic strategies are designed to: Maximize retirement income Greatly lower the chance of running out of money Combat inflation and maintain purchasing power If you want to learn about dynamic withdrawal strategies, their pros & cons, and how to implement them, today's episode is for you. How to Listen to Today’s Episode: …
