In this episode, John Blanchard discusses the importance of financial planning as one approaches retirement, particularly focusing on market volatility and the strategies to mitigate risks. He emphasizes the need for a structured approach to asset allocation, dividing investments into three buckets: now, soon, and later. The conversation also touches on the significance of having a fulfilling life post-retirement, encouraging listeners to think about what they want to do after leaving the workforce.

Do you want to dig deeper into this conversation? Get a second opinion on your current retirement plan or a tax strategy by contacting Matthew James Tax and Wealth Management today!

See omnystudio.com/listener for privacy information.

In this episode, John Blanchard discusses the intricacies of retirement planning, focusing on Roth conversions and the implications of good versus bad debt. He emphasizes the importance of timing and strategy in converting traditional IRAs to Roth IRAs, as well as the potential tax benefits. The conversation also delves into the concept of leveraging debt for wealth building, highlighting the distinction between good debt, such as real estate investments, and bad debt, like credit card debt. Overall, the episode provides valuable insights for listeners looking to optimize their financial strategies for retirement.

Like what you hear? Get a second opinion on your current retirement plan or a tax strategy by contacting Matthew James Tax and Wealth Management today!

See omnystudio.com/listener for privacy information.

John Blanchard discusses various aspects of retirement planning, including the timing of required minimum distributions (RMDs), the impact of market volatility on investments, the revised 4% withdrawal rule, signs that it may be time to change financial advisors, and the importance of tax planning in retirement. He emphasizes the need for personalized strategies to minimize tax liabilities and maximize wealth in retirement.

Like what you hear? Get a second opinion on your current retirement plan or a tax strategy by contacting Matthew James Tax and Wealth Management today!

See omnystudio.com/listener for privacy information.