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Questions To Consider Before Talking To A Financial Consultant...

Planning for retirement is a critical part of ensuring you have the ability to live the life you want to lead once you are no longer working. Financial consultants and advisors such as Matt Dixon are trained to assist people at all stages of life in planning for their retirement. Book an Appointment Before booking an appointment with Matt Dixon at his Greenville, SC, office, it is a good idea to think through questions in advance. If you are married, talking to your spouse about his or her goals and dreams for the future is another essential conversation to have before you arrive at the appointment. Most people are now familiar with the idea that Social Security will not provide the money needed for a comfortable retirement. Working with Matt Dixon allows individuals and couples to maximize their retirement savings, reduce the amount they pay in taxes, and develop an effective plan to enable them to retire when they want with the cash they need in the bank. Discuss and Consider To prepare for your first meeting, consider the following questions: At what age do you want to retire? Do you or your spouse have any current health issues to consider? Are there any dependents relying on your income? What are your goals for your retirement? What are your current assets and liabilities? How are you currently adding to your retirement plan? In addition, be sure to make a list of any questions you want to ask. Working with a local Greenville, SC, financial consultant makes it easy to get the answer you need to make the right choices. Be the first to...

When To Start Retirement Planning...

As an experienced Registered Financial Consultant, author, and radio show host, Matt Dixon is constantly asked when people in Seneca, SC, should start planning for their retirement. While the easy answer is “immediately,” there is really no wrong time to start planning. Avoid Waiting While it is never too late to start planning for your retirement, the longer you wait, the fewer options and choices you have to build the nest egg you need for your life after work. During your initial assessment and consultation, Matt Dixon reviews your current retirement savings, income, monthly expenses, and also discusses what goals you have during your retirement years. To be able to address the expenses and future plans, having time to build up a savings account and retirement investment portfolio is essential. However, even if you are close to retirement, there are options that Matt Dixon In Seneca, SC can recommend based on your current situation. Changes in Life For many younger adults in Seneca, SC, changes in life bring about a focus on the future. A marriage, birth of children, a health issue with themselves or spouse, or even the passing of a parent can trigger a desire to plan for the future and have the funds they need in their retirement years. Even with a modest income, there is the option for retirement planning at any time. The slow and steady building of a retirement investment portfolio and investment plan can help in deferring taxes and maximizing your retirement funds. If you are considering starting a retirement investment plan, talk to Matt Dixon at TruNorth Advisors. To learn more about our services, visit us online at retiretrunorth.com. Be the first to...

Why Your Retirement Plans Should Include a Precious Metals IRA?...

Every adult needs a retirement plan. Some people invest through an employer-sponsored retirement account, while others choose an IRA. Yet, when it comes to IRA accounts, there are several different types to choose from. One type of IRA that you should be familiar with is a precious metals IRA. Setting up a gold IRA could be the most secure thing you can do for your retirement. Explaining This Type of IRA Precious metals IRAs differ a little from the typical IRA. A precious metals IRA is an account that holds actual precious metals as value. Due to this, they are sometimes referred to as gold IRAs. The interesting part is that you can continue to invest in other assets while holding precious metals. Of course, it is never a good idea to put all of your eggs in one basket when investing. Gold IRAs differ in a few ways. Other types of IRAs hold paper assets for the account owner. Another difference is that gold IRAs are self-directed. The owner of the account has the power to choose which investments the account will hold. Although this concept will seem new to many investors, it is actually a method that has existed since the 1970s. Residents of Boise, ID, and Clearwater, FL, have used self-directed IRAs to invest in futures, real estate, commercial paper and partnerships. These IRAs really provide a wealth of options. How to Set Up a Gold IRA There is a special process involved when you start a gold IRA. The first step is to decide if it will be a brand-new account or if you will roll over value from an existing account. Since it is a self-directed IRA, you will also need to choose a custodian. Many companies offer this...

Why You Should Consult an Attorney About Retirement Planning in St. Louis, MO...

Most people who work plan for the day when they will no longer have to work. In the 80s and early 90s workers were building up 401K plans and Roth IRAs so they could look forward to a comfortable retirement. Unfortunately, the financial disaster of the 90s wiped out that dream of an early retirement, and for some people it wiped it out altogether. There is, however, a greater threat to your assets if you should die and you leave behind a wife who is dependent upon the marital assets to support her. If your estate is not properly structured by an attorney, then the assets could be hit hard by the IRS tax code if they exceed a certain amount. Without a will or an estate plan, your assets could be divided up amongst your children and your spouse as most state laws require. This could be one of the great tragedies of your death. Too many people do not want to discuss anything that pertains to their death, even though it is going to happen someday. Now is the time to discuss Retirement in planning in St. Louis MO and protection for your spouse. Another problem often overlooked is what your wife will be able to do for you and for herself if you do not have a Durable Power of Attorney. This is a document structured to meet the requirements of the laws of your state, and it provides for explicit powers to be granted to your spouse should you become disabled or incapacitated in any way. Your wife has the power to make financial decisions and decisions regarding your medical treatment. She can move funds around and sell assets to pay for medical expenses as well as sign your pension...