Hans and Robby are back again this week with a brand new episode This week they discuss the tax on your social security Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

The Following Episode is a Rerun This week Hans and Robby discuss social security federal income tax and how you can manage your money to have a low income tax retirement Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Many retirees are surprised to learn that above a certain income Social Security is taxed In retirement it's important to know how all your income streams will be taxed and how to mitigate those taxes In this video Peter with Richon Planning explains strategies to Erin Kennedy Convert to a Roth IRA Consider Shifting Income Investments Delay Claiming Your Social Security Benefits Another strategy to consider is a Qualified Charitable Distribution Determining which strategy is right for you is a very personalized calculation and it's something we specialize in at Richon Planning For your detailed and personalized retirement tax plan [... more]

The Social Security fund is set to run out of money by One measure that could help keep the program afloat would be to raise the retirement age possibly to years old In this video Peter with Richon Planning and Erin Kennedy break down the ways this could affect your financial plan An early retirement could be even more costly You may have to work longer than you're able You may run out of savings And remember claiming social security early will become even more costly For example if your full retirement age is claiming Social Security at age will [... more]

Divorce among middle aged couples is increasing In fact there's a new name for the trend grey divorce And according to the journal of sociology after a grey divorce women experienced a drop in their standard of living and men experienced a reduction Which is why Peter with Richon Planning and Erin Kennedy wanted to talk through some key issues you'll need to consider as you plan your new future including -Revisit your estate plan -Examine retirement and pension plans -Determine how your Social Security benefits will be affected -Consider health insurance and life insurance -Consider hiring a Financial Advisor [... more]

For almost every retiree their biggest fear is running out of money You want your retirement to be a fitting reward to a lifetime of hard work But it's hard to know exactly how much money you'll need to achieve your unique retirement goals without sacrificing your quality of life In this video Peter with Richon Planning and Erin Kennedy break down the three biggest risks to your retirement nest egg Longevity Risk Today a couple at age has a chance of living beyond Changes to Social Security The government will have to make changes to Social Security if the [... more]

Hans and Robby are back again this week with a brand new episode This week Hans and Robby discuss social security federal income tax and how you can manage your money to have a low income tax retirement Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Hans and Robby are back again this week with a brand new episode This week Hans and Robby cover retiree income tax Everything said in this episode is on a need to know basis but you're in luck cause you need to know this information Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Do you know what your other income is Hans and Robby go over how your Social Security is taxed and strategies you can put into place that could lower the taxes paid Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

At the end of last week's show Hans and Robby discussed the significant decrease one spouse receives in Social Security income when the other spouse passes This week they talk about the solution to this gap Robby starts of the episode talking about his wife and how he wants to provide for her and allow her to advance the kingdom if he passes before her Life insurance is the way to do this and it is available for everyone who wants to love and provide for their spouse and family Hans then talks about all the people he's worked with [... more]