A study commissioned by the ALI Retirement Income Institute highlights a looming retirement crisis for baby boomers, particularly those set to retire between 2024 and 2030. The majority of peak 65ers don't have pensions, which used to help fill the gap left by social security. Many boomers are facing disparities in the income they need and what they have, with 52.5% of the peak 65 group possessing assets of $250,000 or less. That’s the opening topic of conversation in this podcast with Logan Marcus. In this conversation, Logan discusses various strategies for building tax-free income in retirement. She covers topics such as Roth IRAs and Roth 401(k)s, orphan 401(k)s, municipal bonds, health savings accounts, life insurance, tax loss harvesting, and optimizing drawdown strategies to minimize taxes.

Reach Logan at 800-874-8380.

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Logan is joined by Sun Valley Wealth President Don Spini. Logan and Don discuss the important considerations for building a modern, holistic, and personalized retirement plan. They cover topics such as determining what is enough for retirement, locating and moving 401(k) accounts, deciding when to take Social Security, investing in health savings accounts, considering Roth conversions, creating a budget or spending plan, and building a personal pension. They emphasize the importance of income planning and stress the need to solve for income in retirement. They also highlight the hybrid index strategy as a tool for creating a personal pension and discuss the importance of tax efficiency and estate planning.

Reach Logan at 800-874-8380.

See omnystudio.com/listener for privacy information.

Financial health is closely correlated with physical and mental well-being. Finances are 90% behavioral and 10% rational, and the goal is to shift that balance. Logan discusses how money is emotional and can impact mental and physical health. Many Americans experience anxiety and stress related to personal finances, which can be debilitating. It is important to have a financial plan and address debt to ensure financial health. Annuities can be a tool to build stable income in retirement and provide a source of passive income. The comprehensive review process involves gathering information, creating a customized plan, and providing education and guidance. In this conversation, Logan Marcus discusses the importance of getting a second opinion on your financial plan and the red flags to watch out for when working with a financial advisor.

Reach Logan at 800-874-8380.

See omnystudio.com/listener for privacy information.