360 Retirement Planning and Tax Planning vs. Tax Preparation

Social Security, Annuities & Your Family

Keith Wilfong of Capstone Planning is back talking about the family-oriented approach of Capstone Planning and the different areas of expertise within the company. Keith talks about the future solvency of Social Security and the potential levers that can be pulled to extend its solvency. The importance of proper retirement planning and the optimal age to start taking Social Security benefits is also discussed. He also delves into the different types of annuities that can help protect retirement savings.

Your Plan Should Cover It All In Retirement

Keith Wiltfong of Capstone Planning discusses the importance of a 360 retirement plan that covers all aspects of a person's financial life. He emphasizes the need for comprehensive financial planning that includes taxes, investments, insurance, and estate planning. Wilkwong also highlights the significance of risk management and diversification in retirement portfolios. He stresses the importance of having a plan in place for various life events, such as the death of a spouse or unexpected health issues. The goal is to create a retirement plan that provides peace of mind and allows individuals to enjoy their retirement years.

RMD's, Diversification and Family

Keith Wiltfong of Capstone Planning discusses the importance of treating clients like family and providing ongoing support and expertise. Keith also highlights the significance of required minimum distributions (RMDs) and the importance of diversifying income sources in retirement. The conversation concludes with a discussion on the personal motivations behind Keith's career choice and the impact of financial planning on families.

360 Retirement Planning and Tax Planning vs. Tax Preparation

n this episode of the Make Life Happen podcast, host Paul Gebhardt talks with Keith Wiltfong of Capstone Planning about topics such as the expansion of Capstone Planning's new office, the holistic approach of 360 retirement planning, the importance of stress testing retirement plans, the value of working with a fiduciary, and the benefits of tax planning versus tax preparation. They also cover the significance of life insurance, the impact of the Secure Act on required minimum distributions (RMDs), the importance of portfolio rebalancing, and the role of annuities in retirement income strategies. The episode concludes with viewer questions on topics such as 401(k) plans, Social Security benefits, and retirement age decisions.

Diversification, IRA's and Timing Your Social Security

Keith Wiltfong of Capstone Planning shares stories of the impact of investment decisions on people's lives, highlighting the importance of diversification and avoiding concentrated positions. He also addresses viewer questions about exchange-traded funds, rolling over a Simple IRA to a Roth IRA, and the timing of retirement in relation to Social Security benefits. Keith explains the benefits of cash value life insurance and provides insights on debt strategies and required minimum distributions.