WiserAdvisor

FEBRUARY 19, 2024

Blind spots in retirement planning are those aspects that are often overlooked, either intentionally or subconsciously. From seemingly harmless low-interest debt to underestimating the emotional impact of transitioning out of the workforce, various factors can disrupt your peace of mind during your retirement years.

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WiserAdvisor

DECEMBER 15, 2023

These professionals meticulously assess your financial situation, income level, and retirement goals to tailor personalized strategies. For instance, they can guide you on leveraging employer-sponsored retirement plans, such as a 401(k) with employer matches, to optimize your contributions and harness the full benefits of the accounts.

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WiserAdvisor

DECEMBER 13, 2023

The answer lies in smart and strategic retirement planning. Gone are the days when retiring at 60 was a one-size-fits-all goal. It’s time to rethink when to start stashing away those savings and how to modify your plan in a world that’s constantly changing. So, how do we tackle this?

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WiserAdvisor

FEBRUARY 29, 2024

Below are five benefits of working with a financial advisor and how they can help you retire with more wealth: 1. This process is not only intricate but also pivotal in ensuring that your investments align with your financial objectives and risk tolerance.

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WiserAdvisor

MARCH 22, 2024

This inquiry paves the way for financial planning and unravels the complexity of individual aspirations, lifestyle choices, and the inevitable uncertainty of future needs. Enter the “10X rule” for retirement savings, a popular benchmark that simplifies the daunting task of retirement planning into a more tangible goal.

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WiserAdvisor

MARCH 28, 2024

It offers tax-deferred growth and, in many cases, matching employer contributions. Additionally, IRAs are retirement accounts you can open and fund on your own. IRAs offer similar tax benefits as 401(k)s, high contribution limits for those aged 50 and older, and help accelerate your savings growth.

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WiserAdvisor

MAY 30, 2022

Read below to know more about how you can protect your retirement assets and income: Steps to protect your retirement assets and income. Preparing a healthcare budget. Making a plan for taxes. Often, individuals do not understand the implication and effect of taxes on their retirement savings and assets.

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Good Financial Cents

JANUARY 26, 2023

The stock market has returned an average of between 9% and 11% over the past 90 years and that’s the kind of growth that you’ll need to tap into if you want to retire at 50. Your retirement plan shouldn’t be. Get in touch with an Independent Financial Professional to see if you're on track to meet your retirement goals.

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WiserAdvisor

SEPTEMBER 8, 2023

Delaying specific actions until your retirement is finalized can help you better prepare for this significant life transition. You may consult with a financial advisor to understand how to prepare for retirement and the importance of adopting a prudent approach to retirement planning.

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WiserAdvisor

JANUARY 23, 2024

Step 2: See if the financial advisor conducts an annual tax review Ensuring that your financial advisor reviews your tax return annually is a crucial step in maximizing your financial benefits. An effective financial advisor should be proactive in reviewing your tax plan before the year-end.

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WiserAdvisor

JUNE 22, 2023

The questions you ask your financial advisor should cover various aspects of your portfolio, such as fees, taxes, risk, and others. It is essential for your investment portfolio to align with your unique financial goals, risk tolerance, and time horizon. Are there any tax implications associated with my investments?

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Clever Girl Finance

OCTOBER 14, 2022

So take a minute to determine your net income after taxes , not just your gross income. However, this will depend on your risk tolerance. However, it is absolutely critical that you start saving for retirement as early as possible. Take a look at your income. You’ll be more able to accurately budget with this number.

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