Countdown to Retirement with Gregg MacInnis

When It Comes to Social Security, Don't Panic - Plan It

Within ten years, Social Security's Trust Fund is expected to run dry.  If Congress does nothing, benefits could be cut as much as 20 percent.  No wonder so many are claiming Social Security early at age 62 even though that leads to lower monthly checks.  In this episode of Countdown to Retirement, Gregg MacInnis explains strategies you can use to help off a pos...

When Should You Make the Move to a Roth Conversion?

The most thrilling part of a horse race is the homestretch when you need to make your move before the finish line.  It’s like taxes in retirement.  In this episode of Countdown to Retirement, Gregg MacInnis talks about the advantages of a Roth conversion in which you pay taxes now and withdraw the money tax-free later.  And even more important, when to make th...

Legacy Planning Take Aways from the Deaths of Gene Hackman and His Caregiver Wife

We all were saddened by the shocking deaths of actor Gene Hackman and his caregiver wife Betsy.  In this episode of Countdown to Retirement, Gregg MacInnis talks about the legacy planning strategies we can learn from the tragedy.  Caregivers who look after loved ones can also suffer when it comes to their own retirement planning.  And G...

Listen to This Before You Attend a Steakhouse Retirement Seminar

Those who reach retirement age are often flooded with invites to retirement seminars at a restaurant.  But not all seminars are created equal.  In this episode of Countdown to Retirement, Gregg MacInnis tells us what warning signs to watch out for and how his seminars are intended to educate, not sell any investment products.

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Retirement is Complicated – Why Not Hire a Financial Advisor?

There are so many complexities about retirement – how to stack your 401(k), when to claim Social Security and what investments to make in the market.  It can be overwhelming!  In this episode of Countdown to Retirement, Gregg MacInnis explains how choosing the right financial advisor can not only help make things simpler but also take into account o...

How the Three Stages of Your Financial Life Can Drive Your Retirement

Did you know there are three stages to your financial life?  They are called accumulation, preservation and distribution.  The first two – saving and safeguarding money – feed into the third, which funds your retirement.  In this episode of Countdown to Retirement, Gregg MacInnis explains how he can help you stay on track throughout all...

Don’t Hire the Wrong Financial Advisor

Hiring a financial advisor is one of the most important decisions you will make in the years leading up to retirement.  And sometimes the person you find doesn’t work out in the long run.  In this episode of Countdown to Retirement, Gregg MacInnis runs down possible red flags that you may have hired the wrong person and what to consider when seeking a second opinion.

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Creating a Clear Retirement Roadmap

Do you get irritated when another driver doesn’t use their turn signal?  The same can be true in your retirement planning.  In this case, your turn signal begins with a retirement vision with many details to follow.  In this episode of Countdown to Retirement, Gregg MacInnis brings up four important points to reach that goal.

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Are You Prepared for Longevity Risk in Retirement?

The number one fear in retirement is running out of money.  It’s called longevity risk.  You could roll the dice and see what happens with your savings.  Or you could prepare.  In this episode of Countdown to Retirement, Gregg MacInnis explains strategies including when you claim Social Security benefits, taking advantage of annuities and preparing for the...

Annuities Mean Retirement Income

Once upon a time, companies took the responsibility of planning their employees’ retirements with pensions.  But when those became too troublesome to manage, they pivoted to 401(k) savings plans, leaving retirement strategies to workers.  In this episode of Countdown to Retirement, Gregg MacInnis explains how annuities can fill the guaranteed income gap left by the absence of pension...

Consider a Roth Conversion Whether the Trump Tax Cuts Are Renewed or Not

With Donald Trump winning the election, he’s pledged to extend the tax cuts he helped usher in back in 2017.  They are scheduled to sunset at the end of 2025.  In this episode of Countdown to Retirement, Gregg MacInnis explains how a Roth Conversion is still the smartest move in your long-term financial plan to generate tax-free income.

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Plan for the Risks in Retirement So You Can Enjoy the Rewards

You may think you have a retirement plan, but does it take into account all the risks that could derail it?  In this episode of Countdown to Retirement, Gregg MacInnis offers strategies that can mitigate the most common risks in retirement, including inflation, healthcare costs, market and longevity risk, so you are not burdened with the fear of running out of money.

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Make an Appointment Now to Review Your End-of-Year Checklist

Fall football and the upcoming holidays serve as reminders that the end of the year is quickly approaching.  So, when are you going to have time to review your year-end financial checklist?  In this episode of Countdown to Retirement, Gregg MacInnis explains how he makes it easy.  But you need to make the first move and make an appointment now before time runs out.

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Retirement Planning Should Include Estate Planning

Studies indicate that about 60% of older Americans don’t have a will or estate plan.  That can often lead to family infighting and a prolonged and expensive probate court battle once someone passes.  In this episode of Countdown to Retirement, Gregg MacInnis explains how this can be prevented so that assets go to beneficiaries as intended.

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Fantasy Football & Retirement

It’s estimated that 30 million Americans enjoy playing fantasy football each year.  But some may not realize that managing a fantasy team draws parallels to retirement saving.  In this episode of Countdown to Retirement, Gregg MacInnis explains the similarities, including the importance of a good retirement offense and defense so you won’t run out of money.

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Why Retirement Savers Miss Pensions

The 401(k) was never meant to be a retirement plan.  It was intended to be a savings plan for retirement.  But when companies reverted to 401(k)s from traditional pensions, they left the concept of guaranteed income behind.  In this episode of Countdown to Retirement, Gregg MacInnis explains how he can help restore the guaranteed income component in your retirement future.

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Why Timing of Income is Important When It Comes to Taxes in Retirement

NFL rookies are getting sizeable signing bonuses that are taxed heavily without spacing out the payments.  That’s just one example of how the timing of various income streams in retirement can make a big difference in the amount of taxes you pay.  In this episode of Countdown to Retirement, Gregg MacInnis explains how he can help your find the gold mines of the ...

Is Your Retirement Prepared for Long-Term Care?

It’s estimated about 70% of Americans ages 65 and older will need some type of long-term care during their lifetime.  The financial cost can be significant for families, yet most people don’t plan for it, thinking it won’t happen to them.  In this episode of Countdown to Retirement, Gregg MacInnis explains how ‘hybrid’ life insurance can help prevent this burden from eating up your re...

The latest numbers show that if Congress fails to act, Social Security benefits could face up to a 25% cut in 2035.  So, while the government’s Social Security Titanic heads for an iceberg, what can you do to fill a possible big income gap?  In this episode of Countdown to Retirement, Gregg MacInnis explains how he can design a plan that can safely steer your retirement ship away from a big shortfall.

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