Beacon Retirement Strategies

No one wants to spend retirement worrying about their money but there are a lot of moving part. It’s easy to underestimate, or overlook a critical issue. HERE ARE JUST A HANDFUL OF THE THINGS THAT WE'LL DISCUSS: Step 1: Planning for Taxes Step 2: What is Reliable Income built on Step 3: Dealing with second biggest thief of retirement Step 4: Your plan must address inflation and low interest rates Step 5: What about healthcare and long-term care Step 6: How do you know if you need an estate plan

HERE ARE JUST A HANDFUL OF THE THINGS THAT WE'LL DISCUSS: The “silent killer” in retirement   Living in a low interest rate world What could be a BIG win in Taxes What does retiring during a downturn mean

HERE ARE JUST A HANDFUL OF THE THINGS THAT WE'LL DISCUSS: Benefits of proper portfolio diversification How to prepare for the biggest expense in Retirement Maximize your safest source of income In retirement, income is the outcome

How to take advantage of the new Stimulus Bill (Cares Act) Opportunities available to save big on taxes What is involved in a properly diversified portfolio The value of lower fees and expenses

What can people do to keep themselves safe What do people need to know if isolating themselves is a challenge What are some of the critical things to know about COVID-1

Why past retirement strategies may not work for you today The 4% rule and why it’s likely not right for you The new strategies for diversified income in retirement

Why rebalancing is so important for your portfolio Several popular strategies for rebalancing a portfolio Why rebalancing is a key ingredient to managing your risk

What are all the different types of taxes that can impact your retirement? Importance of tax planning in addition to tax preparation  The true value of tax diversification  Is converting some or all of your money to a ROTH right for you?

What is the new SECURE Act? What is the idea behind the new bill?  How could it impact my retirement accounts?  How did the new SECURE Act of 2019 impact RMDs?

Most people take on too much risk  Importance of getting a portfolio stress test  Planning for risk

Why do RMDs exist? How are the rules different for those who inherited a tax deferred account? How can I calculate how much my RMDs are going to be? What types of accounts have RMDs? What is the penalty for failing to properly withdrawal the RMD? How did the new SECURE Act of 2019 impact RMDs?

Diversified Income is a MUST What makes up a truly diversified income plan? What are the different sources of income? Top 3 things your income plan should provide

History of Social Security How to decide when to claim 2020 changes Why it's important to meet with a financial advisor before deciding to claim

What is an annuity? Why have annuities gotten a bad name? Two basic types of annuities Fees

The two types of Roths Contribution limits Traditional vs Roth 401k Roth re-characterizations