Required Minimum Distributions Pre-planning and Saving beyond 401k's

There's been talks of doing away with the tax deferred aspects of contributing to a 401(k), in an effort to use those tax dollars to keep Social Security solvent.  But what would the fallout from that be?  Granger talks about it, as well as other ways to be tax savvy with your savings, on this episode of The Retirement Playbook.

Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/

Or perhaps a better question: Has is ever worked?  Rick discusses this often debated withdrawal strategy and more on this episode of The Retirement Playbook.

Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/

Hear what Ted Benna, the father of the 401(k), says the plan he helped popularize is missing (as well as how to change that) on this episode of The Retirement Playbook.

Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/

What can Granger's appreciation of watches teach you about taxes in retirement?  It turns out, quite a lot.  

Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/

As Spring Training gets ready to kickoff later this month, we take a look back at the financial decision one of the greatest of all time made regarding his retirement, and Rick discusses what we can learn from his decisions.

Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/

And furthermore, how flexible should you be with that amount?  Rick discusses the strategies the Hughes Retirement Group use to help clients calculate that number without putting the whole plan at risk on this episode of The Retirement Playbook.

Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/

Obviously, market downturns can be detrimental to your investment balances, but when they occur can't be truly predicted.  

However, there's a known threat to your retirement dollars with a very clear timeframe, and it's called tax increases.

Rick and Jamie Clymer discuss how to prepare for the known threats while also taking the unknown into account on this episode of The Retirement Playbook.

Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/

And more importantly, where will that money come from?

Rick discusses the importance of having an income plan, as well as how to create sources of guaranteed income to make that plan a successful on on this episode of The Retirement Playbook.

Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/

According to a recent GoBankingRates article, a well-managed 401(k) should be "sufficient for a comfortable" retirement.  But how is any of that defined, and what if you want more than "sufficient?"

Granger discusses things you may want to consider to help your retirement be more than sufficient on this episode of The Retirement Playbook.

Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/

Or more specifically, why they shouldn't be the end-all, be-all when it comes to your financial planning.  Rick Hughes talks about how to properly incorporate these rules in your plan, as well the error of measuring yourself up to other retirees, on this episode of The Retirement Playbook.

Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/