Tag: Investment Strategy

FEATURE
Strategies for Successful Retirement Distributions With Mike Smith (Ep.27)

Strategies for Successful Retirement Distributions With Mike Smith (Ep.27)

By |

Planning your distributions for retirement is essential to maximizing your retirement income and fulfilling your goals for this new phase of life. 

By planning properly, you can avoid any financial setbacks and ensure you live the life you desire. 

David and Mike cover the essentials of planning your retirement distributions. From deciding when to take Social Security benefits to understanding Required Minimum Distributions (RMDs), they break it all down. Discover strategies for maximizing retirement assets by exploring the benefits of Roth conversions and managing multiple retirement accounts. Plus, they discuss common misconceptions and the psychological hurdles retirees face when dipping into their savings. 

David and Mike discuss: 

  • Understanding RMDs and how they impact your taxes [00:02:11]
  • Balancing when to take Social Security for the biggest benefit [00:09:43]
  • Using Roth conversions as a tax strategy [00:21:11]
  • The significance of consolidating retirement accounts [00:14:44]
  • And more

Connect with David Koren: 

Connect with Mike Smith:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

FEATURE
Building Wealth Beyond Your Working Years (Ep. 8)

Building Wealth Beyond Your Working Years (Ep. 8)

By |

Where will your money come from when the 9-to-5 ends?

If you’ve ever asked yourself this question, then this episode is for you!

Listen as David Koren from RVA Wealth Management arms you with strategies to diversify your income sources, ensuring you can fully enjoy your golden years. From understanding the ins and outs of IRAs and Roth IRAs to alternative income streams, this episode is a comprehensive guide to your financial future. Don’t leave your retirement to chance; secure your future now!

In this episode, David covers:

  • The A-Z of Individual Retirement Accounts (IRA) and Roth IRAs, including tax benefits and limitations
  • Alternative income streams such as Rental Real Estate, Part-time Work, and Inheritance, along with their pros and cons
  • The crucial details about Social Security: when to start and how to optimize your benefits
  • Actionable tips to fill your “income buckets” for a diversified and secure financial future
  • And more!

Ready for a worry-free retirement? Reach out to David for a complimentary consultation and start planning today!

Resources:

Connect with David Koren: 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More