risk profile personal budget and financial planning

This is Joe Soricelli of Aging Issues Management. I have 35-plus years of experience helping people age into and through retirement, answering both their financial and life strategy questions.  

Are approaching or in retirement?  Would you like to save more and reduce taxes? You’ll want to know more about the SECURE Act 2.0

In this episode of Aging Issues Radio, you’ll learn how to have a better retirement under the SECURE Act 2.0.

·         Did you know that the RMD (required minimum distributions) age has increased to age 73?

·         Did you know the IRA catch-up contribution limits are going up?

·         Did you know there are special rules for ages 60, 61, 62, and 63?

·         Did you know that employer matching contributions could be used to reduce student loans?

·         Did you know employers can create a special emergency savings account that works like a Roth IRA?

·         Did you know the Department of Labor is going to create a Retirement Saving Lost and Found?

·         Did you know that Long Term Care contracts can be purchased early with retirement plan distributions?

·         Did you know how regular people can afford to deal with a professional?

If you trust someone with your money, they are your fiduciary. You should know how they get paid, what they are going to do for you, and what to expect. Dealing with a fiduciary is a best practice and your fiduciary should recognize that they must have your best interests in mind. 

If you’d like more information about the SECURE Act 2.0, visit my website at https://agingissuesmgnt.com, call me at 914-468-0186, or email me at joe@agingissuesmgnt.com.

Please make sure to subscribe to Aging Issues Radio so you won’t miss the latest episodes.

This is Joe Soricelli of Aging Issues Management. I have 35-plus years of experience helping people age into and through retirement, answering both their financial and life strategy questions.  

Are you dealing with a fiduciary, someone you trust?

In this episode of Aging Issues Radio, I presented at the Westchester Senior Law collaborative in Yonkers and the Bronx NY and I spoke about:

·         Do you know what you are paying for with your financial advisor?

·         The stock market, inflation, and other things are causing financial stress in our lives

·         Learn about your personal risk profile

·         Learn about your personal budget and financial planning options

·         What about housing decisions?

·         What are the best practices when it comes to retirement?

·         How can regular people afford to deal with a professional?

If you trust someone with your money they are your fiduciary. You should know how they get paid, what they are going to do for you, and what to expect. Dealing with a fiduciary is a best practice and that fiduciaries should recognize that they have your best interests in mind. 

If you’d like more information about aging in place, visit my website at https://agingissuesmgnt.com, call me at 914-468-0186, or email me at joe@agingissuesmgnt.com.

Please make sure to subscribe to Aging Issues Radio so you won’t miss the latest episodes.