Nerd's Eye View

FEBRUARY 8, 2023

Seasoned financial advisors have likely worked with clients with a wide variety of workplace retirement accounts, which can vary in terms of their investment offerings, fees, and other characteristics. But given that the U.S.

Planning 246

Planning Retirement Retirement Planning Government 246

Darrow Wealth Management

FEBRUARY 9, 2025

The idea of living off dividends in retirement sounds nice, but investors often don’t realize how much money they’ll need invested to generate enough income from dividends to cover lifestyle expenses. You may need more money than you think to retire on dividends. Retire on dividends?

Retirement 67

Retirement Asset Allocation Taxes Portfolio 67

Nerd's Eye View

MAY 17, 2024

Also in industry news this week: The SEC this week announced a proposed rule that would require RIAs to collect and verify their clients' personal information in an effort to prevent illicit activity, though many firms likely are taking many of these steps already Why larger RIAs and those that have been acquired tend to have worse client and staff (..)

Financial Planner 238

Financial Planner Wealth Management Retirement Investment Planning 238

Darrow Wealth Management

SEPTEMBER 19, 2024

Unlike most types of retirement plans, the SEP IRA is funded by the employer. A SEP IRA (Simplified Employee Pension Individual Retirement Account) is a type of retirement plan specifically designed for self-employed individuals and small business owners. What is a SEP IRA?

Retirement Planning 90

Retirement Planning Retirement Taxes Planning 90

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 246

Assets Management Clients Compliance 246

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 245

Assets Management Compliance Retirement Planning 245

Nerd's Eye View

NOVEMBER 6, 2024

In the early days of financial planning, serving clients often meant developing transactional relationships focused on facilitating trades and selling insurance. Over time, advisors shifted toward more analytical approaches, such as investment management and retirement planning.

Clients 130

Clients Planning Financial Planner Financial Planning 130

Nerd's Eye View

AUGUST 25, 2023

Also in industry news this week: The SEC settled its first charges related to its new marketing rule with a firm that advertised 2,700% annual returns A survey suggests that older Americans prefer the term "longevity" to "aging", perhaps informing the way advisors discuss related issues with their clients From there, we have several articles on retirement (..)

Financial Planner 246

Financial Planner Retirement Retirement Planning Advertising 246

Nerd's Eye View

OCTOBER 6, 2023

Also in industry news this week: A new advisor benchmarking study indicates that high-growth firms are excelling in 3 areas: client acquisition, "relationship alpha", and strategic scale A recent survey indicates that while advisors increasingly are leveraging home office investment models to save time and scale more efficiently, they often customize (..)

Financial Planner 246

Financial Planner CFP Certification Communication 246

Carson Wealth

OCTOBER 24, 2024

Retiring abroad can be a dream come true for many Americans, offering the opportunity to explore new cultures, enjoy different climates, and potentially stretch retirement savings. But moving to a new country involves significant financial planning. tax return every year. Knowing the tax landscape in both the U.S.

Retirement 143

Retirement Healthcare Taxes Medical 143

Random Roger's Retirement Planning

JANUARY 6, 2025

It's not like this is a bad problem but there can be expensive mistakes made in this sort of scenario I want to believe that it is not realistic that if someone has a set of maybe five or six assumptions that go into their retirement plan, that not all of them would have a worst case outcome.

Retirement 52

Retirement Retirement Planning Insurance Medical 52

The Chicago Financial Planner

FEBRUARY 8, 2023

Is my Social Security subject to taxes once I reach my full retirement age? Your full retirement age (FRA) is a key number for many aspects of Social Security. Related to this, if you are working into retirement your wages or self-employment income are subject to FICA and Medicare taxes regardless of your age.

Taxes 291

Taxes Retirement Financial Planner Financial Advisor 291

MainStreet Financial Planning

NOVEMBER 25, 2024

More Information If you would like to read more about the 2025 changes from the IRS here is the IRS Publication and summary at the Tax Foundation website. The refundable portion of the child tax credit is adjusted for inflation and will remain $1,700 for 2025. The standard mileage rates for 2024 is $0.67

Taxes 97

Taxes Planning Retirement Planning Accounting 97

Zoe Financial

JANUARY 27, 2025

The Five Phases of Retirement Planning Published January 29, 2025 Reading Time: 2 minutes Written by: The Zoe Team Retirement is a journey with distinct phases, each requiring its own focus and preparation. The Transition Phase Approaching retirement brings the need for a shift in priorities. Ready to Grow Your Wealth?

Retirement Planning 52

Retirement Planning Retirement Planning Taxes 52

Integrity Financial Planning

AUGUST 21, 2023

Retirement is different for folks who are running a small business. Your retirement is something that isn’t set up by an employer, and you often must manage it on your own. If you are running your own business and are interested in setting yourself up for retirement, contacting a financial advisor can be a great idea.

Retirement 95

Retirement Retirement Planning Accounting Taxes 95

Nerd's Eye View

AUGUST 24, 2022

To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective.

Electronics 242

Electronics Clients Retirement Planning Financial Advice 242

Nerd's Eye View

AUGUST 24, 2022

To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective.

Electronics 238

Electronics Clients Retirement Planning Financial Advice 238

The Chicago Financial Planner

FEBRUARY 2, 2024

Ask them directly about ALL forms of compensation they will receive from working with you, and if they will disclose this information on an ongoing basis. Approaching retirement and want another opinion on where you stand? Financial Fraud – Tips to Protect Yourself Annuities: The Wonder Drug for Your Retirement?

Financial Advisor 249

Financial Advisor Financial Planner Fee Only Clients 249

Carson Wealth

JUNE 2, 2023

by Jake Anderson, Paraplanner Retirement accounts like 401(k)s and IRAs allow individuals to save for their future in a tax advantaged manner. So, let’s say you contribute money to a traditional 401(k) plan in your 20s. This gives you ample time to grow your savings and investments for retirement.

Distribution 98

Distribution Accounting Retirement Retirement Planning 98

Carson Wealth

AUGUST 22, 2024

Understanding these benefits can significantly impact retirement planning and financial security in your later years. Social Security spousal benefits are payments provided to the spouse of a worker who is eligible for Social Security retirement or disability benefits. What Are Social Security Spousal Benefits?

Retirement 95

Retirement Taxes Retirement Planning Distribution 95

Carson Wealth

OCTOBER 3, 2024

Retirement is an exciting milestone—a time to leave behind the hustle and bustle of work and embrace a new chapter filled with more freedom and opportunities to enjoy life. Planning well in advance ensures that your retirement years will be financially secure, fulfilling, and less stressful than your working years.

Retirement 96

Retirement Healthcare Retirement Planning Taxes 96

A Wealth of Common Sense

SEPTEMBER 18, 2024

Today’s Animal Spirits is brought to you by YCharts and Fabric: See here for 20% off your initial YCharts professional subscription Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life On today’s show, we discuss: How Individual Retirement Accounts Changed the Stock Market Forever Social Security: (..)

Retirement Planning 106

Retirement Planning Retirement Insurance Accounting 106

Carson Wealth

DECEMBER 8, 2023

Many states also exempt retirement income, which may include Social Security. However, retirement income is generally included for income related monthly adjustment amount (IRMAA) computations to determine if supplemental payments are due for Medicare Part B and Medicare Part D premiums.

Planning 143

Planning Retirement Planning Taxes Retirement 143

WiserAdvisor

SEPTEMBER 20, 2023

In retirement planning, the concept of vesting is more than a contractual formality; it serves as a retention tool that incentivizes employees to remain with their employer for a certain period. Typically, these contributions are made by an employer into an employee’s retirement account as a part of their benefits package.

Accounting 100

Accounting Retirement Retirement Planning Planning 100

Nerd's Eye View

MARCH 20, 2024

Monte Carlo simulations have become a central method of conducting financial planning analyses for clients and are a feature of most comprehensive financial planning software programs. However, the results of these simulations generally don't account for potential adjustments that could be made along the way (e.g.,

Communication 246

Communication Clients Financial Planning Risk Tolerance 246

Your Richest Life

NOVEMBER 26, 2024

Do you know when you want to retire? Are you saving enough for the retirement you want? Myth #2: You should plan to retire in your 60s With more people going back to school or changing careers later, holding off on retiring is becoming more common, too. for more information.

Retirement 52

Retirement Planning Fee Only Financial Planning 52

FMG

MARCH 3, 2025

Leave Space for Responses A common mistake is overloading posts with too much information. Instead of listing ten tips for retirement planning, share your top three and ask, What would you add to this list? For instance, many people feel overwhelmed by retirement planning.

Financial Advisor 52

Financial Advisor Media Retirement Planning Retirement 52

Nerd's Eye View

DECEMBER 21, 2022

Monte Carlo simulations have become the dominant method for conducting financial planning analyses for clients and are a feature of most comprehensive financial planning software programs.

Financial Planning 246

Financial Planning Planning Retirement Portfolio 246

Darrow Wealth Management

NOVEMBER 20, 2023

If you think retirement planning moves stop at retirement, think again. Although it won’t make sense in every situation, retirement can be a unique opportunity for Roth conversions for some investors. For high earners, converting an IRA to a Roth IRA while you’re still working could be the worst time of all.

Retirement 95

Retirement Distribution Taxes Accounting 95

Random Roger's Retirement Planning

NOVEMBER 20, 2024

The 4% rule is generally the accepted standard for a safe withdrawal rate in retirement to ensure the assets last for 30 years. Bengen retired as a financial advisor in 2013 but he also considers himself a researcher. He basically ran the numbers for someone retiring in 1926 and then each each up into the 1970's.

Retirement 52

Retirement Retirement Planning Clients Engineering 52

Clever Girl Finance

FEBRUARY 2, 2024

Starting early with investing for retirement is so important to secure your future self. This means that saving for retirement should be a component of your overall financial portfolio and wealth-building strategy. So, let’s discuss how to save for retirement in your 20s! The 401(k) Plan 2. Traditional IRA 3.

Retirement 98

Retirement Accounting Taxes Risk Tolerance 98

Random Roger's Retirement Planning

JANUARY 4, 2025

Yahoo wrote about the biggest regrets that people had about retiring. Sprinkled in there of course were some grim average and median retirement account balances. Maybe people should focus less on hitting their retirement number versus hitting a workable number. Retiring with too much debt was on the list.

Retirement 40

Retirement Planning Medical Numbers 40

Random Roger's Retirement Planning

APRIL 2, 2024

Northwestern Mutual published a report about the state of retirement and of course all the numbers are grim. million to retire, up about 50% from 2020, while the average retirement account balance is $88,000. I've been pushing back on the idea of have a number, a retirement number, for a very long time.

Retirement 94

Retirement Taxes Numbers Accounting 94

The Chicago Financial Planner

JUNE 13, 2022

I’m not discounting the great information CNBC and the rest of the financial media provides, but you need to take much of this with a grain of salt. This is a good time to lean on your financial plan and your investment strategy and use these tools as a guide. Smart investors factor this into their plans and don’t overreact.

Risk Tolerance 188

Risk Tolerance Marketing Marketing Financial Planner 188

FMG

MARCH 6, 2025

AI-powered search engines, including Googles AI Overviews and tools like ChatGPT, now generate responses by pulling information from multiple sources. AI prioritizes information from reputable sources secure media mentions in trusted finance publications and news sites. How Can Financial Advisors Adapt to AI-Powered Search Engines?

Financial Advisor 52

Financial Advisor Engineering Media Retirement Planning 52

Harness Wealth

MARCH 7, 2025

Additionally, we have news that FinCEN has announced an extension of the BOI reporting deadline and a temporary halt in enforcement, an analysis on the implications of wealth taxes in Europe, and a refresher on how the new ‘Savers Match’ program aimed at enhancing the retirement savings of millennials and Gen Z functions.

Taxes 52

Taxes Retirement Financial Advisor Retirement Planning 52

Random Roger's Retirement Planning

OCTOBER 13, 2024

Pivoting, the Wall Street Journal had a very short interview with Alicia Munnell as she retires from the Boston College Center for Retirement Research at age 82. Munnell along with Teresa Ghilarducci are like the aunties of retirement which I am saying in a positive way. People shouldn't put effort into retirement planning?

Retirement Planning 98

Retirement Planning Retirement Planning Distribution 98