Retirement Answers

The Health Savings Account (HSA) is the only account you can contribute to that receives triple-tax advantages.

• Tax-deductible contributions
• Tax-deferred growth
• Tax-free distributions (for qualified medical expenses)

And having a funded HSA in retirement comes with it's advantages:

• Use for more frequent healthcare costs
• Bridge gap until Medicare age
• Helps pay for long-term care
• Can be used for anything after age 65 without penalty

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#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity

I always talk about different retirement strategies and things to think about, but I think it's important to zoom out and look at the big picture. It is easy to get overwhelmed when thinking about all the things that must be considered when evaluating your retirement.

I received a question from a listener recently asking what the most important parts of a retirement plan are. So, I wanted to share the 4 things I think you need to have in your retirement plan.

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Want help with your retirement plan?👇🏼
☎️ Book a call with me
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Submit your question here: [email protected]

#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity

It's an election year! We will be choosing the next President of the United States later this Fall and times like this often raise a lot of questions in investors' minds.

• "Will the stock market go down is this person is elected?"
• "Should I get out entirely to avoid any turbulence?"
• "Which political party has the best track record when it comes to stock market returns?"
• "If that person get's elected, things with definitely go south."

But here's the hard part... We all have preferences and political biases. Separating our personal convictions from our investment decisions is the hardest part for most investors. Because of the need to confirm our biases, we make decisions that are detrimental to your investment success.

Hopefully this episode shows you that the President has far less impact on the stock market that you may think and that big decisions based on Presidential elections can prove to be very harmful.

Remember: We are investing in for-profit companies that provide goods and services you and I need, not a President. We are betting on those companies to find a way to sell those goods and services regardless of the current political or regulatory environment we find ourselves.

If you found this episode helpful, subscribe so you don't miss any future episodes.

Also, I'd greatly appreciate it if you gave a rating and review. It helps other people just like you find the podcast and benefit from discussions on these topics as well.

Want help with your retirement plan?👇🏼
☎️ Book a call with me
✉️ Email me: [email protected]

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Resources:
How Stocks Have Behaved in an Election Month
The Market & US Presidential Elections
Interactive Visuals

#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity

Having a Roth IRA in retirement can be very powerful. It allows you to make tax-free distributions for retirement income and gives you flexibility around your tax brackets...

But I've noticed one thing. I/we as financial planners often suggest taking from your Roth IRA last for income in retirement so it has more time to compound tax-free. While this is often a good idea mathematically, I have been asking myself this question:

"Everyone is told to save to a Roth IRA so they have tax-free income in retirement, but when they get to retirement they are told not to spend from their Roth IRA. What's the point of having a Roth IRA if you aren't going to use it??"

In today's episode, I talk through this question and share 6 reasons you would spend your Roth IRA earlier in retirement. Enjoy!

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Email: [email protected]
Website: https://www.rivertreewealth.com
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Jacob Duke, CFP, MBA is the founder of Rivertree Wealth and the host of the Retirement Answers podcast.

DISCLAIMER: This should not be taken as tax, legal, or investment advice. All content is for educational purposes only.