In this episode: What is different from the big box firms and Golden Reserve with investment planning? Article: Stop saving! Social Security will be enough. Are people who have success in retirement just lucky? Our checklist of what you want your money to do in retirement. How is tax planning different when you stop working?
The new law raises the Required Minimum Distribution (RMD) age in two steps. The RMD age increases to 73 beginning in 2023. In 2033, the RMD age will further increase to 75. Folks born between 1951 and 1959 will need to start their RMDs after age 73. We’re told this is a good thing. But is […]
In this adaptation from Golden Reserve Founder Greg Aler’s new book, Fire Your Financial Advisor, we take a closer look at how the retail financial advisor became engrained in the fabric of retirement planning. Do you have any regrets from your younger years? Ted Benna, “the father of the 401(k),” has one. “I helped open […]
Podcast: It seems like the Government has your back if your bank fails. Who has your back if you make a mistake in retirement? Full radio show from March 26, 2023: Marriage, divorce, and moving. Make sure your legal papers are in order. Why did well know financial author Robert Kiyosaki say, “May God have […]
Golden Reserve Founder Greg Aler pulls back the curtain on how the trillion-dollar financial services industry is failing retirees in his new book Fire Your Financial Advisor. Read on for an adaptation from the book’s introduction. It’s easy to forget that retirement as we know it today is a fairly recent concept. In fact, just […]
Even if you love rollercoasters, chances are the rip-roaring stock market isn’t your kind of thrill. Yet time and again, as the market suddenly plunges to gut-turning lows, retirees are advised to stay on the ride; wide-eyed, white knuckled, and praying there won’t be another dip as big as the last. Why? Like so many […]
You don’t often hear the word trillion thrown around, unless we’re talking about the U.S. debt or GDP. But there’s another number that consistently lands in the 12-zero club: the total net assets of the US mutual fund industry. At nearly $27 trillion in 2021, it’s a whole lot of money; and its rapid growth […]
Let’s talk about the alphabet soup that is the financial services industry. Between the CFPs, the CFAs, and MBAs, there’s a whole lot of WTH (heck). Adding some letters to the end of a name on a business card sure sounds important, but should it be important to you when selecting a retirement planner? […]
Poll your friends and family about annuities and you’re bound to get a lot of adverse reactions. They’ll likely cite at least one of these three things : They’re expensive and have big fees. They don’t give you access to your money. There’s no growth. While these statements are true of some annuities, they’re not […]
Call it the new kid on the block. Fixed index annuities (FIA) are a more recent offering in the world of annuities and we think they’re worthy of your attention. Now, before you run off, we know annuities have become something of a dirty word. And frankly, they’ve earned the reputation. Historically, some haven’t been […]
