CategoriesAsset Allocation, Financial Planning, Financial QB TV Videos, Retirement, Retirement Income, The Stock Market by

ESG : How the Government Destroys Markets and Your Retirement

Environmental, Social, and Governance (ESG) investing has seen an unprecedented surge in recent years. While ESG factors should lead to more sustainable and responsible investments, there are concerns that the government push for ESG is distorting markets and negatively impacting retirees and their portfolios. In this blog post, we will discuss how government involvement in ESG investments create unintended consequences, and what retirees can do to protect their portfolios from volatility and maintain a reliable income stream. Read More

CategoriesFinancial Planning, Financial QB TV Videos, Retirement Income by

Problems with Claiming Social Security Early

Social Security is a vital retirement benefit that provides financial support to seniors who have contributed to the workforce for many years. While many people choose to claim their Social Security benefits as soon as they are eligible, this decision can have negative consequences. In this blog, we will explore four problems associated with claiming Social Security early and why waiting until full retirement age may be a better choice. Read More

CategoriesFinancial Planning, Financial QB TV Videos, Retirement, Retirement Income, Uncategorized by

The Myths of Retirement

Retirement is a significant milestone in everyone’s life. It’s the time when you finally get to reap the fruits of your labor, relax, and enjoy the rest of your life. Unfortunately, there are many myths that people believe about retirement before they retire, which can lead to unrealistic expectations and financial troubles down the line. In this post, we’ll discuss these common myths about retirement so that you can be better prepared for your new journey. Read More

investing and super bowl bet
CategoriesFinancial Planning, Financial QB TV Videos, Investor Behavior, Retirement, The Stock Market by

Picking the Winning Team in the Super Bowl Doesn’t Make You a Good Investor

As we approach the Super Bowl, many of us are excited about the big game and might even place bets on your favorite team. However, it’s important to understand that just because you can pick the winning team in the Super Bowl, it doesn’t mean AT ALL that you are a good investor. Read More

CategoriesFinancial Planning, Financial QB TV Videos, Income Tax Planning by

IRS Audits More Low-Income Families

A new report by Syracuse University’s Transactional Records Access Clearinghouse (TRAC), a nonprofit data and research gathering organization, found that the IRS may target low income earners more often than high income earners for an audit. Indeed, during FY 2022, the odds a millionaire was audited by an IRS revenue agent was just 1.1 percent while low-income families have a 1.27% audit rate.

The IRS may target low-income earners more often than high income earners for an audit for several reasons. Read More

CategoriesFinancial Planning, Financial QB TV Videos, Income Tax Planning, Retirement Income by

How Secure 2.0 Changes Your RMD

The Secure Act 2.0 was signed into law on December 29, 2022 bringing some major changes when it comes to retirement planning. Among the most notable is a change to Required Minimum Distributions (RMD). The new law builds on earlier legislation that allows retirees to delay required minimum distributions (RMDs) until a later age. This can be a significant benefit for retirees who don’t need the income from their retirement accounts and want to keep their savings invested for as long as possible. Read More

CategoriesFinancial Planning, Financial QB TV Videos, Income Tax Planning, Retirement Income by

The BIGGEST (often ignored) Risk to Your Retirement

Retirement is a time when many people look forward to leaving the workforce and enjoying what should be the most enjoyable phase of your life.

There are many risks when it comes to investing and preparing for retirement. However, there is one threat that is often ignored which has a HUGE impact on the success and reliability of your retirement.  The government can impact your retirement negatively. Here are a few examples: Read More