Whether retirement is just around the corner or years away, there are steps you can take now to help you achieve the golden years you imagined for yourself. This episode of "Your Money, Your Wealth" is jam-packed with tips for saving for retirement, reducing your taxes and investing for your future. Get the facts and strategies you need to get on track when it comes to your financial goals. Stay tuned for new episodes each week! Show Notes 1:35 “There is a huge disconnect when it comes to what people really want to achieve and what they can achieve and I think the reason for that is there’s no plan in place and they’re not following simple rules when it comes to their overall finances” 2:50 “A lot of people make a lot of mistakes when it comes to investing for retirement” 4:46 “If you have several years to work, then you’ll want to take a look at this other metric here…” 7:23 “You can give your kids $14,000 a year tax-free” 9:53 “Volatility is always going to be in the market” 11:02 “It’s true that the sooner you start [saving for retirement] the better, but Joe, the problem is that a lot of people are in their 50’s and they haven’t really saved very much” 13:34 “You want to save in your 401(k) plan to the match. Then you want to switch your savings…” 15:12 “We’re going to talk very quickly about how to invest in stocks, bonds, real estate and commodities” 17:10 “Avoid market timing at all costs” 20:23 “There’s tax-free money – Roth IRA’s; there’s tax-deferred money such as 401(k)s, and there’s taxable money which would be a brokerage account. You want to be diversified in your strategy” 23:36 “There’s no exception for avoiding taxes; you’re always going to pay taxes when you pull money out of your IRA” If you would like to schedule a free assessment with one of our CFP® professionals, click here: https://purefinancial.com/lp/free-assessment/ Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” Channels & show times: yourmoneyyourwealth.com https://purefinancial.com IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
Visibility: 691
Duration: 24m 59s
Rating: