Smart Strategies for Retirement, College Planning, & Business Success (11/2/2024)

The Real Money Pros

Brian and Alex dive into proactive retirement planning and key strategies to make the most of your savings. We discuss how tax-efficient withdrawals and income planning can maximize funds, especially if you’re retiring before Medicare eligibility. We also cover how withdrawals from accounts like Roth IRAs and 401(k)s impact taxes and health insurance credits, making careful planning essential.

For parents, we share tips on teaching college-aged kids about managing tuition and building financial independence. We also explain the tax implications of 401(k) rollovers and the importance of direct rollovers to avoid penalties. For business owners, we emphasize the need for specialized advisors who understand the unique financial challenges of entrepreneurs. Lastly, we explore why balancing risk in investments is crucial, avoiding the extremes of being too conservative or aggressive.

Listen, Watch, Subscribe, Ask!

https://www.therealmoneypros.com

Hosts:

Brian Wiley & Alexandra Lundgren

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SPONSORS:

Guild Mortgage:

https://guildmortgage.com

Ataraxis PEO

https://ataraxispeo.com

Tree City Advisors of Apollon:

https://www.treecityadvisors.co

Apollon Wealth Management:

https://apollonwealthmanagement.com/

Formations:

https://get.formationscorp.com/real-money-pros

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