Annuity Upgrade?

Gen X: Your Retirement is Getting Close

Luke and Lake talk about the next generation gearing up for retirement.  That’s Generation X and they’re in the financial red zone.  The discuss that transition for accumulation to decumulation, how the generation should prepare for tax efficiency, healthcare costs, and the possibility of long- term-care.  They also cover the “just right” retirement customized for you which includes consideration of what you will need to retire comfortably, your Social Security sweet spot, and how to control spending in that first year of retirement. Reach Duell Financial Strategies at 800-203-7486. Duell Financial Strategies [https://duellstrategies.com] www.duellstrategies.com [https://www.duellstrategies.com]   See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Retirement: 1995 meets 2025

Sam and Luke go back thirty years to show how some of the tried and true retirement standards from 1995 don’t exactly hold up in 2025.  They cover the difference in tax and interest rates and a how a different approach may be needed with the four percent rule.  They also do a comparison of Roth versus traditional savings. Reach Duell Financial Strategies at 800-203-7486. Duell Financial Strategies [https://duellstrategies.com] www.duellstrategies.com [https://www.duellstrategies.com]   See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Annuity Upgrade?

Sam, Andi, and Luke offer the opportunity to look at your annuity and consider possible opportunities with higher interest rates.  They also cover some bells and whistles that exist now with modern annuities.  The conversation shifts to proactive tax strategies in light of the tax burden that could be faced by those with tax-deferred savings.  They also discuss five questions asked in a Kiplinger retirement survey. Reach Duell Financial Strategies at 800-203-7486. Duell Financial Strategies [https://duellstrategies.com] www.duellstrategies.com [https://www.duellstrategies.com]   See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Risky Retirement Assumptions

Sam, Andi, and Luke caution against retirement ready assumptions that may not be accurate.  They advise of out-of-pocket healthcare costs even with Medicare.  They also explore whether or not your 401(k) is enough, and they look at how your expenses could be in retirement.  They also discuss forward looking retirement tax strategies and making sure to have a contingency plan in place in the event of early retirement. Reach Duell Financial Strategies at 800-203-7486. Duell Financial Strategies [https://duellstrategies.com] www.duellstrategies.com [https://www.duell]   See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Proper Retirement Preparation

Sam, Andi, and Luke cover what is necessary to help people determine what they need to retire.  They break down the difference between confidence and preparedness and stress the importance of acting now to implement a plan to combat healthcare and possible long term care cost.  They also discuss some common retirement missteps to avoid. Reach Duell Financial Strategies at 800-203-7486. Duell Financial Strategies [https://duellstrategies.com] www.duellstrategies.com [https://www.duellstrategies.com]   See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.