The Retirement Rabbit Hole

In this episode, Jim and Gage discuss longevity risk and how it can pose a serious threat to your retirement plans.  Highlighted Topics Include:  Understanding Longevity Risk  Estimating Your Longevity with Software  Longevity's Impact on Your Retirement Plans  Questions? Email us at [email protected]  View this post: https://westernreservecm.com/longevity-risk  Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO?  Learn More about Western Reserve Capital Management:  http://westernreservecm.com/  Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode: Jim and Gage discuss the concept of performing Preventative Maintenance for your retirement portfolio and three portfolio strategies you can use including: Revisiting Your Purpose for Investing Reviewing the Asset Allocation of Your Portfolio Performing Investment Due Diligence They conclude the episode by explaining the role a financial advisor can play in this process. Questions? Email us at [email protected] Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode, Jim and Gage discuss the law of diminishing returns and examples where it is illustrated in retirement planning. Questions? Email us at [email protected] View this post: https://westernreservecm.com/diminishing-returns Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode, Jim and Gage discuss the limits to diversification and the potential downsides to adding unnecessary complexity to your investment portfolio. Questions? Email us at [email protected] View this post: https://westernreservecm.com/minimizing-complexity Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode, Jim and Gage discuss company-specific risk and how it can be mitigated through diversification. Topics Include: What Causes Company-Specific Risk Potential Barriers to Reducing Company-Specific Risk A Question to Ask Yourself When Thinking About Company-Specific Risk How to Create a Diversification Strategy Questions? Email us at [email protected] View this post: https://westernreservecm.com/company-specific-risk Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode, Jim and Gage discuss key retirement milestones, potential opportunities to boost savings, maximize retirement income, and/or improve tax efficiency. They also discuss the potential penalties you could incur if you miss certain deadlines. Questions? Email us at [email protected] View this post: https://westernreservecm.com/ key-retirement-milestones Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode, Jim and Gage discuss how to approach your retirement investment strategy. Topics Include: How to Choose a Retirement Investment Strategy The Intellectually Difficult Approach to Investing The Physically Difficult Approach to Investing The Emotionally Difficult Approach to Investing Managing an Emotionally Difficult Retirement Investment Strategy The Role of a Financial Advisor Can Play in Your Retirement Investment Strategy Questions? Email us at [email protected] View this post: https://westernreservecm.com/retirement-investment-strategy Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode, Jim and Gage discuss how performing Roth conversions in your lower-income years, allows you to potentially decrease your total tax liability throughout your retirement. Topics Discussed Include: Why Your Income May Be Lower earlier in Your Retirement What is a Roth Conversion? Using the “Filling Up Your Bracket” Roth Conversion Approach How to Incorporate Roth Conversions into Your Financial Plan Questions? Email us at [email protected] View this post: https://westernreservecm.com/roth-conversions Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode, Jim and Gage discuss how qualified charitable distributions can be a tax-efficient way to manage required minimum distributions for those who are charitably minded. Questions? Email us at [email protected] View this post: https://westernreservecm.com/qualified-charitable-distributions Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message

In this episode, Jim and Gage discuss how some higher-income retirees may have to pay more for their Medicare Part B and Medicare Part D prescription drug coverage. Jim and Gage also explore strategies to reduce (and possibly avoid) these surcharges. Questions? Email us at [email protected] Subscribe to our Newsletter: https://financeinsights.net/v46zcJQpcV0X4UZNPasP8mqO? Learn More about Western Reserve Capital Management:  http://westernreservecm.com/ Work with Western Reserve Capital Management https://westernreservecm.com/start-here/ --- Send in a voice message: https://anchor.fm/retirement/message