Wealth Is In The Details Podcast

Market swings and economic shifts can leave retirees feeling uncertain about their financial future.  How can you ensure your income remains steady, even when the unexpected happens? In this episode, Peter Raskin explores retirement income planning strategies that help individuals stay financially stable despite market fluctuations. He breaks down the “bucket approach” to managing assets and highlights key risks retirees should consider when planning their financial future. Peter discusses: * The impact of economic uncertainty on retirement planning and how to assess personal financial stability * The “bucket approach” to structuring retirement income for different time horizons * Key financial risks retirees face, including market downturns, inflation, and longevity * The importance of tax planning to maximize retirement savings and minimize unexpected liabilities * How to adjust and monitor retirement strategies over time to maintain financial confidence * And more! Connect with Peter Raskin:  * Raskin Planning Group [https://www.raskinplanning.com/] * (617) 728-7433  * LinkedIn: Peter Raskin  [https://www.linkedin.com/in/peterraskin] * Facebook: Raskin Planning Group [https://www.facebook.com/RaskinPlanning] * Twitter: Raskin Planning Group [https://twitter.com/RaskinPlanning] * LinkedIn: Raskin Planning Group [https://www.linkedin.com/company/raskin-planning-group/] Schedule Time with Peter: * Book a Call with Peter [https://calendly.com/raskinplanning/30-minute-zoom-video-conference-call] This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning. Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Osaic Wealth, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

Tax season can be overwhelming, but with some simple strategies, you can transform it into a manageable process. In this episode, Peter Raskin outlines practical tips for preparing your taxes with ease. From organizing documents to leveraging deductions and credits, Peter shares actionable insights to make tax preparation less daunting. He emphasizes the importance of collaboration with tax professionals and staying proactive to avoid last-minute stress. Peter discusses: * The benefits of keeping organized financial records and reviewing prior tax returns for reference * Key income and deduction categories to track, including self-employment expenses, charitable contributions, and retirement plans * Credits for education, energy efficiency, and dependent care, along with considerations for gifting limits * How to manage estimated taxes to avoid penalties and interest while staying within safe harbor guidelines * The value of consulting tax professionals and financial planners to streamline the tax preparation process * And more! Connect with Peter Raskin:  * Raskin Planning Group [https://www.raskinplanning.com/] * (617) 728-7433  * LinkedIn: Peter Raskin  [https://www.linkedin.com/in/peterraskin] * Facebook: Raskin Planning Group [https://www.facebook.com/RaskinPlanning] * Twitter: Raskin Planning Group [https://twitter.com/RaskinPlanning] * LinkedIn: Raskin Planning Group [https://www.linkedin.com/company/raskin-planning-group/] Schedule Time with Peter: * Book a Call with Peter [https://calendly.com/raskinplanning/30-minute-zoom-video-conference-call]   This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning. Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Osaic Wealth, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

In today’s uncertain financial landscape, mastering the balance between planning for the future and living in the present is essential. How do political shifts influence personal financial decisions? How can investors navigate risk while maintaining security in their portfolios? Join host Peter Raskin as he discusses the importance of financial planning amidst economic and political changes by providing insights on managing portfolios, and addressing common client questions about market volatility, bonds, and long-term strategies.  Key insights include: * How political changes and economic shifts may influence markets and investment strategies * The importance of maintaining a diversified portfolio to mitigate risks during market volatility * Why bonds, despite underperforming stocks, remain a crucial component of many portfolios * Strategies for managing drawdowns and rebalancing portfolios during periods of market fluctuation * Approaches to determining annual withdrawal rates and long-term savings goals for financial security * And more! Connect with Peter Raskin: * Raskin Planning Group [https://www.raskinplanning.com/] * (617) 728-7433  * LinkedIn: Peter Raskin  [https://www.linkedin.com/in/peterraskin] * Facebook: Raskin Planning Group [https://www.facebook.com/RaskinPlanning] * Twitter: Raskin Planning Group [https://twitter.com/RaskinPlanning] * LinkedIn: Raskin Planning Group [https://www.linkedin.com/company/raskin-planning-group/] Schedule Time with Peter:  * Book a Call with Peter [https://calendly.com/raskinplanning/30-minute-zoom-video-conference-call] This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning. Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Osaic Wealth, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

Trusts offer powerful tools for protecting assets, reducing taxes, and planning for future generations. But how do you choose the right structure for your unique needs? This week, Peter Raskin is joined once again by Kendalynn Mowery from Premier Trust Company to explore the benefits and strategies behind Nevada-based trusts. Kendalynn shares actionable insights into asset protection, tax advantages, and creating a lasting legacy through thoughtful trust planning. Kendalynn discusses: * How Nevada’s favorable trust laws provide tax advantages, long-term flexibility, and robust asset protection * Asset Protection Trusts, including who benefits most and why timing is critical for these structures * Advanced trust structures such as SLATs, NINGs, and BDITs that address specific financial and estate planning goals * The importance of tailoring trust structures to align with family and financial objectives with legal guidance * How trusts simplify estate administration, reduce probate concerns, and help for multi-generational wealth preservation * And more! Resources * Understanding Trusts: An Essential Tool in Estate Planning (Ep. 129) [https://www.raskinplanning.com/blog/understanding-trusts-an-essential-tool-in-estate-planning-ep-129] Connect with Kendalynn Mowery: * LinkedIn: Kendalynn Mowery [https://www.linkedin.com/in/kendalynn-mowery-b5a42a204/] * Website: Premier Trust [https://www.premiertrust.com/] Connect with Peter:  * Raskin Planning Group [https://www.raskinplanning.com/] * (617) 728-7433  * LinkedIn: Peter Raskin  [https://www.linkedin.com/in/peterraskin] * Facebook: Raskin Planning Group [https://www.facebook.com/RaskinPlanning] * Twitter: Raskin Planning Group [https://twitter.com/RaskinPlanning] * LinkedIn: Raskin Planning Group [https://www.linkedin.com/company/raskin-planning-group/] Schedule Time with Peter * Book a Call with Peter [https://calendly.com/raskinplanning/30-minute-zoom-video-conference-call] This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning. Securities and investment advisory services offered through Osaic FA, Inc., member FINRA/SIPC. Osaic FA is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic FA. Osaic FA, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

Curious about the behind-the-scenes dynamics of Raskin Planning Group? How about discovering some personal stories from the faces powering the financial planning services?  In this episode, Peter Raskin welcomes the entire Raskin Planning Group team to review 2024 and look ahead to 2025. Get to know Kathryn, Alex, Tony, and Josh as they share personal experiences and insights from the past year, ranging from exciting travel adventures to new challenges. This is a perfect opportunity to connect more closely with the team you’re entrusting your financial future to. Peter Raskin chats with: * Kathryn Broy on her honeymoon river cruise adventure and navigating family transitions * Alexander LaCroce about his year in Houston and the joys of getting his first puppy  * Tony Araujo on celebrating milestones and looking forward to European travels  * Josh Durand’s track meets and balancing an active schedule as an intern Connect with Peter and the team:  * Raskin Planning Group [https://www.raskinplanning.com/] * (617) 728-7433  * LinkedIn: Peter Raskin  [https://www.linkedin.com/in/peterraskin] * Facebook: Raskin Planning Group [https://www.facebook.com/RaskinPlanning] * Twitter: Raskin Planning Group [https://twitter.com/RaskinPlanning] * LinkedIn: Raskin Planning Group [https://www.linkedin.com/company/raskin-planning-group/] * Book a Call with Peter [https://calendly.com/raskinplanning/30-minute-zoom-video-conference-call] Kathryn Broy works on financial planning and is a Director of Planning and Client Services.  She is not licensed to provide advisory services directly to a client. This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning. Securities and investment advisory services offered through Osaic FA, Inc., member FINRA/SIPC. Osaic FA is separately owned and other entities and/or marketing names, products, or services referenced here are independent of Osaic FA. Osaic FA, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances. CRN-7500955-010625