Financial Concerns of Retirees

In this conversation, Marty discusses various retirement planning strategies, with a focus on Roth contributions and the tax implications of different retirement accounts. He also explores the potential changes to Social Security and the importance of maximizing Social Security benefits. Marty emphasizes the need for comprehensive planning and understanding the evolving landscape of retirement planning. The conversation covers various topics related to retirement planning, including changes to the Social Security age requirement, the importance of understanding Social Security, retiring at 63 and living off Social Security, RMDs and filing for Social Security, annuities as a retirement option, what to do with a 401k after leaving a job, and opening a Roth IRA for a grandchild.

You can reach Marty by calling 888-519-9096.

Smart Money Solutions

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In this conversation, Marty Nevel discusses various topics related to taxation in retirement. He covers what is and what isn't taxed in retirement including Social Security benefits, pensions, interest-bearing accounts, capital gains, traditional IRAs and 401(k)s, life insurance proceeds, and savings bonds. Marty also emphasizes the importance of planning for retirement and incorporating one's bucket list into their overall life planning. Then he discusses the importance of having a safe money strategy and diversifying investments in a volatile market. Additionally, he advises on planning for inheritance and provides insights on withdrawal strategies for retirement accounts. Marty emphasizes the need for comprehensive retirement planning that considers various sources of income and extends to age 100.

You can reach Marty Nevel by calling 888-519-9096.

Smart Money Solutions

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In this episode, Marty Neville discusses the importance of estate planning and the components that come under its umbrella. He emphasizes the need for a comprehensive and up-to-date estate plan to ensure that one's wishes are followed and to keep the government out of one's affairs. Marty also addresses the world's worst retirement planning advice, debunking the notion that Social Security benefits are enough to live off of in retirement. He highlights the importance of having a customized retirement plan and the dangers of following a one-size-fits-all approach. Additionally, Marty provides insights on protecting a 401(k) and offers tips for choosing a financial advisor.

You can reach Marty Nevel by calling 888-519-9096.

Smart Money Solutions

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In this conversation, Marty Nevel discusses the importance of having a written plan for retirement, creating a spending plan and considering income streams, tax planning, legacy planning and estate planning, social security, spousal considerations, and the importance of reviewing finances regularly. Marty emphasizes the need for planning and preparation in order to have a successful retirement. He also addresses questions about long-term care insurance, supplementing a pension, and the benefits of involving children in financial meetings.

You can reach Marty by calling 888-519-9096.

Smart Money Solutions

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On this football-themed episode, Marty Neville discusses strategies and lessons from the game of football that can be applied to retirement planning. He emphasizes the importance of being in the financial red zone and starting retirement planning early. Marty explains offensive and defensive strategies in retirement, including diversification and asset protection. He also highlights the significance of having a written plan and considering estate planning and tax strategies. Marty relates famous football quotes to retirement planning and emphasizes the role of a retirement coach in guiding individuals through the retirement journey. The episode concludes with Marty discussing upcoming plans and his commitment to helping clients secure their retirement goals.

You can reach Marty Nevel by calling 888-519-9096.

Smart Money Solutions

See omnystudio.com/listener for privacy information.

This conversation discusses various aspects of retirement planning and the changes that have occurred over the years. It covers changes in daily routine and social life. The importance of staying busy and maintaining fitness in retirement is emphasized. The conversation also highlights the need to replace income in retirement and the role of comprehensive reviews in retirement planning. The evolution of retirement planning, managing risk, and transforming a 401k into a personal pension are discussed. The impact of longevity and taxes in retirement is explored, along with the importance of estate planning. The conversation concludes with a Q&A segment.  The episode concludes with a question about choosing between a Traditional IRA and a Roth IRA.

You can reach Marty Nevel at 888-519-9096.

Smart Money Solutions

See omnystudio.com/listener for privacy information.

Marty discusses financial goals for 2024.  He identifies good goals to establish, how to get started, and offers tips on how to stay on track.  Some of the goals include maximizing your savings efforts, creating a spending plan, paying off debt, building an emergency fund, proactively planning for taxes, and reassessing assets.

You can reach Marty Nevel by calling 888-519-9096.

Smart Money Solutions

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Marty answers the most frequently asked questions about annuities.  How do they differ from traditional savings and brokerage accounts?  What are the benefits and potential drawbacks?  What types of annuities are there?  Get the answers in this podcast.  The conversation then shifts to that shift in your financial life from accumulation to the necessary strategies in retirement.

Contact Marty Nevel at 888-519-9096.

Smart Money Solutions

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Warnings of what could harm your retirement start off the podcast with a discussion on having a budget, automating your savings and payments, planning for healthcare costs, and not relying too heavily on being able to work longer.  Then we take a look at what a retirement portfolio stress test could be for you.

You can reach Marty Nevel by calling 888-519-9096.

Smart Money Solutions

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Marty provides the answers to some commonly asked and very important questions regarding proper retirement planning.  He also looks at what should be considered in shoring up your retirement in the new year.  These include revisiting your household budget, checking your emergency fund, tackling debt, establishing financial goals, and reviewing your asset allocation.

You can reach Marty Nevel by calling 888-519-9096.

Smart Money Solutions

See omnystudio.com/listener for privacy information.