You've spent decades building your nest egg Then when you retire you need a plan to stop saving and start spending but not too much that you risk running out of money As Peter with Richon Planning explains to Erin Kennedy it's a delicate balance that requires you to consider these variables A Plan to Minimize Taxes Make the Right Decision about Social Security Benefits Choose the Right Pension Payout Balance Guaranteed Income and Long-Term Growth Plan for Longevity Account for Inflation Accounting for each of these variables will be different for everyone If you'd like to speak with a [... more]

Dana gives the lay-of-the-land on Iowa Caucus day Nikki Haley dodges a question from an Iowa voter if a man could become a woman Democrats completely lie about the border patrol's handling of migrants The FAA wants to hire people with disabilities Democrat governors who claimed they had sanctuary cities now blame Gov Abbott for sending them migrants Dana explains some variables that could go into how Iowa turns out Please visit our great sponsors Black Rifle Coffeehttps blackriflecoffee com danaJoin the Coffee Club today and get off your first month's subscription Express VPNhttps expressvpn com danaGo incognito and protect [... more]

Things are not going according to place for the Regime As the Democrats gear up for is it possible that Joe Biden really won't run There's a lot that's changed since so is it possible the Democrat Machine has over-engineered given all the new variables at play Charlie reacts to the current layout of the election where Republicans need to get stronger and where we might be surprisingly ahead Support the show http www charliekirk com supportSee omnystudio com listener for privacy information [... 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]

America's IRA expert Ed Slott recently told other industry experts that an IRA is just an IOU to the IRS Slott says he doesn't see any benefit to using a traditional IRA right now because tax rates are so low However Peter with Richon Planning does not agree with Slott and explains why to Erin Kennedy There are many reasons investors should still consider investing in tax-deferred accounts even though we are living in a historically low tax rate There is no cookie cutter answer No blanket statement can apply to every person there are too many variables to consider [... more]

Figuring out the most financially optimal time to claim Social Security is a complicated equation that involves hundreds of variables to complicate matters hidden deep within Social Security's Handbook are a few gotchas that can reduce your benefits forever To make sure you don't shortchange yourself Peter with Richon Planning and Erin Kennedy are breaking down the top five If you take two benefits at once you lose one of the two If you take your retirement benefit at the same time as your spousal or divorced spousal benefit your retirement benefit will generally wipe out your spousal or divorced [... more]

A lot of us want to go into retirement debt free But before you pay down that debt you should consider a few specific variables And as Peter Richon with Richon Planning explains to Erin Kennedy this isn't a strictly financial decision So before you put money toward that mortgage debt first consider -Your mortgage rate if it's very low your money may be better spent in another investment with a higher rate of return -Tax Consequences you would potentially eliminate a mortage write off and there are penalties if you withdraw money from retirement accounts early -Prioritize Paying Down [... more]

Patriots and Colts legend Adam Vinatieri joins the show to talk about his case for the hall of fame what it was like playing for both the Colts and Patriots during their rivalry and his favorite kick of his career [... more]

Developing a budget isn rsquo t difficult if you know how much money you have to spend But what if your income keeps changing Then what do you do On the next MoneyWise Live host Rob West will explain that when you have irregular work hours and pay budgeting on a variable income isn rsquo t hard mdash you just need to know a few helpful tricks Then he rsquo ll answer your financial questions from a biblical perspective That rsquo s on MoneyWise Live where biblical wisdom meets today rsquo s finances mdash weekdays at pm Eastern pm Central [... more]

Remember your senior yearbook that included superlatives like 'Most Popular' and 'Class Clown' Well we're taking that idea and applying it to the financial world by picking out the investment options that are 'Most Overrated' 'Most Underrated' 'Most Popular' and 'Most Likely to Disappoint ' Check out the show notes by clicking here Today's rundown Class Superlatives at the School of Financial Strategies Most Underrated Roth IRA Most Overrated Expensive Cars Most Likely to Disappoint Whole Life Insurance Policies Most Popular k b TSP Thrift Savings Plan Possible Winner Overthrow Could the Roth take over as Most Popular Teachers Pet [... more]