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New Year, New You: Financial Planning Resolutions

New Year, New You: Financial Planning Resolutions

FromMake Your Money Matter


New Year, New You: Financial Planning Resolutions

FromMake Your Money Matter

ratings:
Length:
23 minutes
Released:
Dec 31, 2021
Format:
Podcast episode

Description

In 2022, you can now save $20,500 in a 401(k) instead of $19,500. While that doesn’t sound like a huge increase, it makes a huge difference over time with the right retirement strategy.  How do you figure out the best retirement strategy for you?  While following generalized advice helps more than doing nothing, the real magic happens when you have a tailored plan.  In this episode, you’ll discover how to tailor your retirement strategy to maximize your nest egg (and minimizes your taxes).  Listen to the episode now so you don’t have to worry about your finances when you retire.  Show Highlights Include: 2 of the tax-friendliest vehicles to build your retirement nest egg (2:31)  The exact percentage of your income to save for retirement so you can retire when you want (without sacrificing your your enjoyment of life today) (4:14)  The “Anti-Oatmeal Approach” for saving for retirement without depleting your bank account (4:39)  The “Tailor Technique” for figuring out your unique investment strategy based on your specific retirement goals (6:10)  How to maximize your tax savings by minimizing your tax bracket (9:16)  Is a traditional 401(k) or Roth IRA better? Here's your answer (13:28)  To schedule your complimentary retirement track review, head to https://onecapitalmanagement.com. You can also call us at 805-410-5454 or text the word ‘TRACK’ and we’ll reach out to you.
Released:
Dec 31, 2021
Format:
Podcast episode

Titles in the series (100)

Make Your Money Matter is a show dedicated to separating myth from truth, so you may avoid the most common mistakes many Americans make with their money and make better financial decisions. Your host Brad Barrett, CFP® is a Managing Director and Partner at One Capital Management, a top ranked independent investment advisory firm managing over $2.5 Billion in assets for clients across the country. He has advised individuals and families for over 15 years, is an active member of Kingdom Advisors, a biblically based advisory network and holds the Certified Financial Planner™ designation.