This episode will help you get the most popular retirement questions answered so you can take control, work smarter (not harder) with your financial investments, and prepare for life’s “what ifs.”
Retirement can feel overwhelming, especially in uncertain economic times. Whether you’re concerned about an upcoming recession, healthcare expenses, or the future of taxes, Pete provides practical steps to help you stay on track. We detail the most common and popular retirement questions our financial advisors receive at Beacon Capital Management.
Key Learnings: The Most Popular Retirement Questions
- How the election might impact your investments: Whether the election outcome causes a recession or tax changes, now is the time to review your financial plan.
- Tax planning tips before 2025’s sunset laws: Discover strategies to shift from taxable retirement funds (like IRAs) to tax-free investments (like Roth IRAs) to help protect your nest egg.
- Making sense of Social Security: Learn why Social Security isn’t likely to disappear—and how coordinating benefits with your other income sources can maximize your retirement payouts.
- Navigating rising healthcare costs: Pete Benson highlights the importance of health insurance planning and introduces Beacon’s healthcare specialist, Frankie Merrit, who offers 15-minute consultations to help you cover gaps between retirement and Medicare.
- Long-term care options that don’t waste your money: There are new plans available that return unused premiums to your heirs, helping you stay prepared without the fear of losing out.
What You Can Do Now:
- Review your investment plan before the election for potential risks.
- Explore legal strategies to minimize taxes before the 2025 tax code changes.
- Schedule a 15-minute chat with a Beacon healthcare specialist to fill any insurance gaps.
- Position yourself to protect your investments during economic downturns.
The key to a secure retirement is planning—and there’s no better time to start than today. Don’t wait until you retire to get your retirement questions answered—even if you already have a plan. Get a free second opinion!
Overlooking or underestimating just one crucial area can cost you big in retirement. Schedule a free Financial Plan Checkup to help ensure you have a solid and comprehensive retirement plan.
Click here to schedule your Free Financial Plan Checkup, or give us a Call (615) 488-9303 📞
Request Beacon’s free Retirement Ready Toolkit, a valuable resource to help get your retirement questions answered and help inform your financial planning.
The free Retirement Ready Toolkit includes:
- The New Holistic Retirement by Marty Ruby – A guide to modern retirement strategies.
- Your Guide to Social Security and Retirement – Learn how to maximize your Social Security benefits.
- Your Retirement Planning Checklist – A step-by-step plan to prepare for your golden years.
📞 Call (615) 488-9303 to get your free toolkit mailed directly to you!
No pressure, no obligation, and no cost.
Getting these questions answered before you retire is crucial to:
- Avoid Costly Mistakes: Proper planning can prevent common pitfalls, such as high tax burdens and inadequate healthcare coverage.
- Maximize Your Income: Understanding Social Security, investments, and tax strategies can significantly increase your retirement income.
- Reduce Stress and Uncertainty: Knowing you have a solid plan helps provide peace of mind, reducing financial stress in your golden years.
- Adapt to Market Changes: By preparing ahead, you can safeguard your investments against market volatility and economic shifts.
- Ensure Long-term Care Security: Planning for healthcare and long-term care can prevent financial strain in case of health issues.
- Protect Your Legacy: Proper estate planning ensures your wealth is preserved and passed on according to your wishes.
Check out these free financial planning resources to help get your retirement questions answered:
Beacon Retirement Strategies Radio Show:
- Money Myths and Surprising Truths
- Are You Missing Out On Tax-Free Money?
- Five Essential Pillars of Financial Planning
- Key Steps To Take If You Plan to Retire In The Next 10 Years
- Are You Missing Out On Tax-Free Money?
Retirement Talk YouTube Show:
- Top Questions to Ask Your Financial Advisor Now
- Medicare Enrollment Questions to Ask Before Turning 65
- Stock Market Trends in Election Years
Beacon Capital Management Article:
- What is a Good Monthly Retirement Income?
- What Is Retirement Income Planning?
- How Long Will My Retirement Savings Last?