In this episode, we dive into the top concerns for individuals nearing retirement, such as how to maximize Social Security benefits, implement tax-efficient strategies, and develop a comprehensive retirement plan that goes beyond just investments. Discover overlooked strategies that can help you keep more of your income and minimize risks as you plan for a secure retirement.
Tune in to learn actionable tips and insights on:
- Maximizing Social Security benefits beyond the typical advice of "waiting until 70."
- Implementing tax-efficient strategies to reduce lifetime tax bills by six to seven figures.
- Navigating employer retirement benefits for a smooth transition into retirement.
- Developing investment strategies to maximize returns and minimize risk before and after retirement.
- Utilizing Roth conversions and optimizing the timing for long-term tax savings.
- Structuring effective withdrawal strategies to maximize income and reduce tax burdens.
- Avoiding common pitfalls such as Social Security taxation and sequence of returns risk.
- Creating a comprehensive financial plan that aligns all the moving parts of your financial life.
Whether you’re 10 years away from retirement or just beginning to plan, this episode will guide you through the most important yet often overlooked aspects of retirement planning!
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Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.
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