Timing is important in retirement. Be sure your financial plan fights major risks such as the order of stock market returns

It’s cheaper to invest now than ever before. The most important aspect of building wealth is systematically saving in low cost investments when issues such as timing the market mean nothing. Retirement presents major risks to your financial plan when things like inflation, health care costs and taxes can negatively affect your chances of long term success. Today I explain how to fight these risks using proper withdrawal strategies and double checking with Monte Carlo simulation. Other topics include:

• Where should Andrew put his safe money in his tax deferred accounts now that he is 4 years from retirement
• Ruth wonders if she should still set up a living trust if Trump plans to repeal estate taxes
• Mistakes people make with Medicare Part B signup
• Reviewing 529 plans- what mistakes are being made?

 

 

Whether you're 20 or you're 60, managing your money can get complicated. Please join us for one of our two seminars this Saturday to learn strategies that can help you build wealth, invest confidently, retire better, and pass on your estate while minimizing taxes. Click HERE to sign up! 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.