So, you have saved and invested diligently all your working life and the time has come to retire. You feel comfortable,,,, but there could be things you haven't thought about that could ruin the plans you laid forth! LIKE:
-Sequence of returns risk
- Risk of long term care expenses
- Investing too aggressively/speculatively in retirement
- Investing too conservatively in retirement
- Over confident with your income, causing you to procrastinate
- Paralysis from analysis
- Poor tax planning and tax allocation of your assets

In this episode we discuss the killers of retirement plans and give some possible solutions.

Send your questions and comments to: keith.wilson@lpl.com

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
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For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-check-up

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook: https://www.facebook.com/KeithWilsonF...
Linkedin: https://www.linkedin.com/in/keithwils...

I am looking forward to seeing you achieve your financial goals!

There are some new tax law changes for 2025! 401k contribution limits have changed to $23,500. Over 50 is $31,000. There is now a new "super" catch up provision for ages 60 to 63 with a maximum 401k contribution of $34,750.
Inherited IRA's will now have to start taking required minimum distributions as well as empty that IRA within 10 years (if you inherited the IRA in 2020 or later)
If the Tax Cuts and Jobs Act is not extended by the end of 2025, then we revert back to the old and higher tax rates. Odds are that it will be extended. Many other tax and retirement account changes have taken place as well.

For the complete 2025 tax summary: https://www.johnhancock.com/content/dam/onejohnhancock/pdfs/annuities-media/TRGFLY_Tax_Guide.pdf

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook: / keithwilsonf. .
Linkedin: / keithwils. .

I am looking forward to seeing you achieve your financial goals!

In this episode I talk with Kelly Augspurger, CLTC, CSA who is a Long Term Care specialist.
We dive into topics of just what is long term care? What are the chances of needing long term care? We break down the myths associated with long term care and how to pay for it?

Check out Kelly's YouTube channel @steadfastinsuranceagency

Check out Kelly's Podcast @steadfast care planning

send your questions and comments to: keith.wilson@lpl.com

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook: / keithwilsonf. .
Linkedin: / keithwils. .

I am looking forward to seeing you achieve your financial goals!