Right On The Money Radio Show with Tom Mosley

Right On The Money Radio Show with Tom Mosley

Episode 20: "What to Anticipate as you Transition into Retirement"
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Transitioning into retirement is a process that also includes a lot of adjustments. In today’s show, Kristen and Tom discuss some of those adjustments and shed some light on the difficulties of moving from an accumulation phase to a phase where you actually feel comfortable spending some of the money you worked so hard to save. They’ll also share some recent studies that reveal the concerns “Boomers” and “Gen Xers” have as they face the future and prepare to take the plunge into retirement.  ump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 What to Anticipate as you transition into Retirement. 03:54 Anticipate the personal and financial adjustment. 07:20 There is an adjustment moving from accumulating money to spending money. 07:56 Balancing saving and spending requires having a solid retirement plan 13:40 Concerns for Baby Boomers & Gen Xers. 20:55 Concerns of Social Security, health care, and inflation 33:11 What you can do this year if you’re feeling behind in saving for retirement. 39:08 Listener Questions: Annuities, Caring for Loved Ones Have specific questions for Tom and the team at Mosley Wealth Management? Contact us here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1 ===========================================   ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management   Learn the key components you need to include in your retirement plan: Check this video out: https://youtu.be/QkJzvbZ_gDs #PreparingForRetirement #RetirementIncome #RetirementPlanning #RetirementStrategy #FinancialEducation #FinancialLiteracy #HowToRetireEarly #RetirementPlanningAt50 #RetirementPlanningAt60 #HowMuchDoINeedToRetire #HowToRetireEarly #RetirementPlanningTips #FinancialAdvisor #SocialSecurity  DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.
  1. Episode 20: "What to Anticipate as you Transition into Retirement"
    Episode 20: "What to Anticipate as you Transition into Retirement"

    Transitioning into retirement is a process that also includes a lot of adjustments. In today’s show, Kristen and Tom discuss some of those adjustments and shed some light on the difficulties of moving from an accumulation phase to a phase where you actually feel comfortable spending some of the money you worked so hard to save. They’ll also share some recent studies that reveal the concerns “Boomers” and “Gen Xers” have as they face the future and prepare to take the plunge into retirement.  ump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 What to Anticipate as you transition into Retirement. 03:54 Anticipate the personal and financial adjustment. 07:20 There is an adjustment moving from accumulating money to spending money. 07:56 Balancing saving and spending requires having a solid retirement plan 13:40 Concerns for Baby Boomers & Gen Xers. 20:55 Concerns of Social Security, health care, and inflation 33:11 What you can do this year if you’re feeling behind in saving for retirement. 39:08 Listener Questions: Annuities, Caring for Loved Ones Have specific questions for Tom and the team at Mosley Wealth Management? Contact us here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1 ===========================================   ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management   Learn the key components you need to include in your retirement plan: Check this video out: https://youtu.be/QkJzvbZ_gDs #PreparingForRetirement #RetirementIncome #RetirementPlanning #RetirementStrategy #FinancialEducation #FinancialLiteracy #HowToRetireEarly #RetirementPlanningAt50 #RetirementPlanningAt60 #HowMuchDoINeedToRetire #HowToRetireEarly #RetirementPlanningTips #FinancialAdvisor #SocialSecurity  DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  2. Episode 19: "Annuities - The Pros & Cons"
    Episode 19: "Annuities - The Pros & Cons"

    People have a wide variety of thoughts when they hear the word 𝐀𝐧𝐧𝐮𝐢𝐭𝐢𝐞𝐬. In today’s episode of 𝑹𝒊𝒈𝒉𝒕 𝑶𝒏 𝑻𝒉𝒆 𝑴𝒐𝒏𝒆𝒚, Tom and Kristin discuss the pros and cons of 𝐀𝐧𝐧𝐮𝐢𝐭𝐢𝐞𝐬, what makes people love them or hate them, and steps you can take to determine whether annuities are right for you.   So far in 2023, over 192 billion dollars have gone into annuities, and they continue to rise. Keep in mind that the 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐢𝐥𝐥 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐭𝐨 𝐠𝐨 𝐮𝐩 𝐚𝐧𝐝 𝐝𝐨𝐰𝐧, and that is why it is important to have a written plan so that no matter if its an up year or not, 𝐘𝐎𝐔 𝐖𝐈𝐋𝐋 𝐁𝐄 𝐏𝐑𝐄𝐏𝐀𝐑𝐄𝐃! So you ask, What can an Annuity do for me?   ✅Guaranteed income ✅Increasing income ✅If you pass, your spouse will continue to receive that income Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 The pros and cons of Annuities 6:00 Consider who & why someone is recommending an annuity. 15:00 Why so many people are turning to annuities now. 19:00 The different types of annuities. 29:00 Questions people ask about annuities. 32:28 Why someone would want to consider an annuity. 36:45 The reasons why someone would NOT want/need an annuity. 40:30 Why this is a good time to secure an annuity or revaluate yours. 43:33 Sample client scenarios Have specific questions for Tom and the team at Mosley Wealth Management? Contact us here 👇 https://mosleywealthmanagement.com/contact/ ========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1 ===========================================   ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management   Learn the key components you need to include in your retirement plan: Check this video out: https://youtu.be/QkJzvbZ_gDs #Annuities #RetirementIncome #RetirementPlanning #RetirementStrategy #FinancialEducation #FinancialLiteracy #HowToRetireEarly #RetirementPlanningAt50 #RetirementPlanningAt60 #HowMuchDoINeedToRetire #HowToRetireEarly #RetirementPlanningTips #FinancialAdvisor #SocialSecurity  DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  3. Episode 18: "Refinance Your Retirement"
    Episode 18: "Refinance Your Retirement"

    While higher interest rates are not optimal for refinancing a home, they can be great for refinancing your retirement! In today’s insightful show, Kristen and Tom present compelling reasons why now is an ideal time to reevaluate your investments and capitalize on the benefits of higher interest rates. They detail how you can take advantage of improved returns on CDs, money markets, and even the latest fixed indexed annuity products. Generating more retirement income isn’t just about chasing yields. Kristen and Tom also guide you through the strategic merits of consolidating your 401(k)s and IRAs and explain how this powerful move can open doors to better diversification, improved interest rates, and streamlined management of your hard-earned savings. Whether you're already in retirement or still accumulating savings, this podcast is a must-listen for anyone seeking to optimize their investment income and overall retirement planning approach. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 Refinancing your finances overview. 04:56 Why timing is of the essence. 07:30 Examples of how to use the higher interest rates. 10:30 How investment strategies should change. 14:30 Why switching to more principal protected investments could make sense. 17:30 How increased interest rates could hurt investments. 20:58 How increased interest rates can affect your investments. 30:22 How a retirement blueprint/plan can help you assess what actions to take. 35:20 What happens at an initial advisor meeting? 39:10 Client example 42:24 Listener questions Have specific questions for Tom and the team at Mosley Wealth Management? Contact us here 👇 https://mosleywealthmanagement.com/contact/ ======================= If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1 =======================  ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management   Learn the key components you need to include in your retirement plan: Check this video out: https://youtu.be/QkJzvbZ_gDs  #InterestRates #RetirementIncome #RetirementPlanning #RetirementStrategy #FinancialEducation #FinancialLiteracy #HowToRetireEarly #RetirementPlanningAt50 #RetirementPlanningAt60 #HowMuchDoINeedToRetire #HowToRetireEarly #RetirementPlanningTips #FinancialAdvisor #SocialSecurity DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766. Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.  

  4. Episode 17: "Divorce & the Financial Impact on Retirement"
    Episode 17: "Divorce & the Financial Impact on Retirement"

    Divorce is difficult anytime, but it’s especially difficult when it happens during in or nearing your retirement years. It’s the event that can singly halve your assets while doubling your expenses, which can be catastrophic in retirement. In today’s show, Tom & Kristin delve into what people are calling “Gray Divorce” and discuss why it’s on the rise. More importantly, they take a deep dive into the unique financial challenges people will face and need to prepare for when they decide to part ways later in life. This is a valuable episode you won’t want to miss. Tom also provides some crucial advice and tips to those that are already divorced and trying to financially recover. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇   TIMESTAMPS 00:00 Divorce & the financial impact on Retirement Planning 05:40 Why “Gray Divorce” is on the rise. 14:00 The Unique financial challenges that come with divorce in retirement. 14:42 Separating real estate assets & retirement pensions & IRAs. 20:00 The importance of securing advice and planning when dividing retirement assets. 21:13 How health care insurance is affected by divorce, especially in retirement. 22:22 Managing life insurance policies. 23:15 Social Security benefits and divorce 28:26 Tax implications when it comes to divorce. 30:23 How to divide retirement accounts in divorce (QDRO). 31:19 Why alimony/spousal & child support are so important. 32:48 Property transfer tax implications. 34:30 Estate planning & inheritance 39:30 Tips for those trying to recover financially after divorce. Have specific questions for Tom and the team at Mosley Wealth Management? Contact us here 👇 https://mosleywealthmanagement.com/contact/  =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1 ===========================================    ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management   #DivorceAndRetirement #RetirementIncome #RetirementPlanning #RetirementStrategy #FinancialEducation #FinancialLiteracy #HowToRetireEarly #RetirementPlanningAt50 #RetirementPlanningAt60 #HowMuchDoINeedToRetire #HowToRetireEarly #RetirementPlanningTips #FinancialAdvisor #SocialSecurity  DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.  

  5. Episode 16: "What Taxes Will I Have to Pay in Retirement" Part 3
    Episode 16: "What Taxes Will I Have to Pay in Retirement" Part 3

    In this third installment in our series on Taxes in Retirement, Tom helps answer the question “What taxes will I have to pay in retirement?” He walks you through the reasons taxes have become such an issue, how certain financial choices can affect your tax liability in retirement, and how things like Roth Conversions can potentially minimize your taxes and enable you to ease into retirement. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇   TIMESTAMPS 00:00 What taxes will I have to pay in Retirement. 07:10 How taxes have become an issue for people in retirement. 09:30 The difference between regular IRAs/4o1Ks and Roth IRA/ROTH 401Ks 14:14 How taxes change & the importance of managing them in retirement correctly. 18:15 The future of taxes. 20:50 Why some advisors don’t want to do ROTH conversions. 24:11 Roth Conversions before 59 ½. 28:00 Ideal time to do Roth Conversions 59 ½ and 73. 35:20 Roth Regrets 41:13 Key Steps: Determine Adjusted gross income                              44:12 Real life example of taxes with regular IRA vs. ROTH IRA 49:57 Info on how to get help. Have specific questions for Tom and the team at Mosley Wealth Management? Contact us here 👇 https://mosleywealthmanagement.com/contact/   =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1 ===========================================   ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management   #RetirementTaxes #TaxesinReitrement #RetirementIncome #RetirementPlanning #RetirementStrategy #FinancialEducation #FinancialLiteracy #HowToRetireEarly #RetirementPlanningAt50 #RetirementPlanningAt60 #HowMuchDoINeedToRetire #HowToRetireEarly #RetirementPlanningTips #FinancialAdvisor #SocialSecurity DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766  Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  6. Episode 15: "Paying Taxes in Retirement - What You Need to Know" Part 2
    Episode 15: "Paying Taxes in Retirement - What You Need to Know" Part 2

    There are a lot of things to consider as you plan for retirement, but one of the often-overlooked aspects is the impact of paying taxes in retirement. In our 2nd episode of a 3 part series, retirement experts Tom Mosley& Kristin Oakley focus on the impact taxes can have on Medicare, Social Security, and your RMD’s.    Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇   TIMESTAMPS 00:00 Paying taxes in retirement 05:00 How taxes can affect Medicare. 15:00 Make sure your financial advisors address Medicare & taxes. 22:20 Taxes on Social Security 28:56 Tax Brackets & Social Security 37:00 Social Security Tax Bracket Thresholds haven’t been adjusted for 40 years. 40:12 Taxes & RMDs Have specific questions for Tom and the team at Mosley Wealth Management? Contact us here 👇 https://mosleywealthmanagement.com/contact/   =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1 ===========================================    ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management   #PayingTaxesInRetirement #RetirementIncome #RetirementPlanning #RetirementStrategy #FinancialEducation #FinancialLiteracy #HowToRetireEarly #RetirementPlanningAt50 #RetirementPlanningAt60 #HowMuchDoINeedToRetire #HowToRetireEarly #RetirementPlanningTips #FinancialAdvisor #SocialSecurity #MedicareAndTaxes #SocialSecurityTaxes #RequiredMinimumDistributions DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766  Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.  

  7. Episode 14: "What Taxes Will I Have to Pay in Retirement?"
    Episode 14: "What Taxes Will I Have to Pay in Retirement?"

    Taxes are the biggest factor that can ruin your retirement. In the first episode of a series on Taxes in Retirement, Tom provides an overview of the taxes you’ll have to pay in retirement and shares insight into the things you can do to start creating a strategy to minimize them. You’ll learn the difference between Non-Qualified and Qualified accounts, how ROTH IRAs play a role in tax savings, and how capital gains effects taxes. Listen now and learn how you can take the steps needed to minimize your taxes and ease into retirement. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 Intro: What Taxes Will I have to Pay in Retirement? 08:10 Taxes can have a huge impact on retirement. 10:04 Know your tax bracket. 14:43 Difference in tax planning and tax preparation 19:32 Qualified vs Non-Qualified Accounts 21:04 ROTH IRA 28:10 Capital Gains Taxes 31:46 Capital Gains – Real life scenarios 34:55 Difference between long term capital gains and short-term capital gains 39:35 Understanding “Step up in cost basis.” Have specific questions for Tom and the team at Mosley Wealth Management? Contact us here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please like & 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄! =========================================== ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management #RetirementStrategy #FinancialEducation #FinancialPlanningAt50 #FinancialPlanningAt60 #HowDoIRetire #Retirement #RetirementIncome #RetirementPlanning #Investing #FinancialAdvisor #SocialSecurity DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  8. Episode 13: "Make Financial Resolutions in 2024"
    Episode 13: "Make Financial Resolutions in 2024"

    Planning for retirement can be confusing and challenging! In today's show 𝗧𝗼𝗺 𝗼𝘂𝘁𝗹𝗶𝗻𝗲𝘀 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗿𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗺𝗮𝗸𝗲 𝗡𝗢𝗪 𝗮𝗻𝗱 𝘁𝗵𝗲 𝘀𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗮𝗰𝘁𝗶𝗼𝗻 𝗶𝘁𝗲𝗺𝘀 𝘆𝗼𝘂 𝗰𝗮𝗻 𝘁𝗮𝗸𝗲 𝘁𝗼 𝗴𝗲𝘁 𝘆𝗼𝘂 𝗼𝗻 𝘁𝗿𝗮𝗰𝗸 𝘄𝗶𝘁𝗵 𝘆𝗼𝘂𝗿 𝗿𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗽𝗹𝗮𝗻𝘀. He’ll also share the key economic headwinds you need to be aware of in 2024 (*economic headwinds are the things that can slow you down from reaching your goals), and address some of the biggest changes retirees encounter as they begin their retirement years. So, take a listen now and take the steps you need to reboot your 2024 financial goals and ease into retirement.   Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 Financial Resolutions can happen anytime. 02:15 Get Started! Start to save more through 401K/ROTH 401K. 06:30 Create a budget. 07:15 Work on getting out of debt. 07:59 Create an emergency fund. 09:36 Consider your taxes & prepare for them. 13:35 Economic headwinds can knock you off your retirement course. 15:30 Economic headwind: Longevity 19:10 Economic headwind: Inflation 23:00 Economic headwind: Market Volatility. 24:04 Economic headwind: Taxes 28:55 You need to prepare for the unexpected. 30:37 Change in job situations 32:34 Change in marital status/relationships 34:04 Change in the health of your parents or loved ones. 36:30 Change in caring for grandkids or family other members. 38:27 Listener Questions Have specific questions for Tom and the team at Mosley Wealth Management? Check out www.mosleywealthmanagement.com =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! =========================================== ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management #inflation #retirementincome #retirementplanning #investing #financialadvisor #SocialSecurity   DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  9. Episode 11: "Can I Retire in My 50's?"
    Episode 11: "Can I Retire in My 50's?"

    One of the biggest questions we’ve been encountering lately is “Can I retire in my 50’s?” It’s a simple question, however the answer is a lot more involved. In today’s show, Tom and Kristin share 4 critical things people need to consider in order to determine if they are financially ready to step away from their job and retire in their 50’s. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 Intro: Can You Retire in Your 50’s 01:59 Some challenges Gen Xers are facing as they contemplate retirement. 06:10 Reasons why 50+ year-olds are wanting to retire. 11:15 4 things you need to consider which will determine if you can retire at 55. 14:10 Can one million dollars saved enable you to retire at 55? 17:10 #1 Consider how you’ll fund your fun while you’re in your “Go-Go” Years. 23:10 #2 Consider the gaps in Social Security, access to IRA’s, and Medicare. 40:37 #3 Consider your debt 43:10 #4 Consider the risk of your longevity & investments. 46:20 Call to Action & How to get a retirement blueprint. Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! =========================================== ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management #Retireat55 #Retiringinmy50s #RetirementMistakes #RothConversions #inflation #retirementincome #retirementplanning #investing #financialadvisor #SocialSecurity #finacialliteracy #financialeducation DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  10. Episode 10: "How to Make 2024 Even Better Financially"
    Episode 10: "How to Make 2024 Even Better Financially"

    In today’s show Tom & Kristin share some tips on how to make 2024 even better financially by shinning the spotlight on Required Minimum Distributions. Tom walks you through the options you have for receiving them as well as shares tips on how to decrease your taxes on them. In the second half of the show, Tom describes 8 of the most common mistakes he sees people make when it comes to retirement and how to avoid them. Finally, we take listener calls and address questions on inherited IRAs. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 How to Make 2024 Even Better Financially 01:26 How to make your RMD’s better in 2024 – Options to receiving them. 01:55 If you were born in 1951 or earlier you must take RMDs this year. 03:54 You can take your RMDs as income flow. 05:07 If you don’t need the money, you can do a ROTH conversion. 06:15 How to decrease your RMD & why? (Taxes brackets will be going up) 07:30 You can take the money and make ROTH Conversions. 14:00 How you can avoid RMD taxes entirely. 27:43 8 Common Retirement mistakes 28:02 Not considering inflation 29:40 Not thinking you’ll live to 90 31:20 Overestimating the amount you’ll need 33:20 Being too conservative or too aggressive in your portfolio 34:06 Forgetting about Health Care costs 35:20 Not factoring real estate costs & not having a retirement plan 38:50 Listener questions Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! ========================================== ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management #Howtomake2024better #financesin2024 #RequiredMinimumDistributions #RMD #RetirementMistakes #RothConversions #inflation #retirementincome #retirementplanning #investing #financialadvisor #SocialSecurity DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  11. Episode 9: "Things to Consider When You Want to Be Hands On with Your Retirement"
    Episode 9: "Things to Consider When You Want to Be Hands On with Your Retirement"

    In today’s podcast, Tom & Kristen discuss the top things to consider when you want to be hands on with your retirement. First, they share 5 questions you need to ask yourself when it comes to managing your 401K (or any of the “4 plans”) and maximizing your investments. Next, they address the topic of Long Term Care, share some current stats, and provide several solutions you can consider to address the high costs of Long Term Care. Finally, Tom addresses inflation and the impact the cost of living is having on Social Security.   Whether you're just starting out with your 401(k), looking to enhance your existing strategy, or wanting some current information on Long Term Care and the impact of inflation on Social Security, this episode is packed with actionable insights to help you take control of your retirement savings. Tune in and empower yourself to make informed decisions about your financial future. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇  TIMESTAMPS 00:00 Intro 01:23 5 Questions to ask when you are taking a hands on approach to retirement 02:45 The various 4 plans (401K, 403b, 457) 06:45 Question#1: Do you have the right qualifications? 09:40 Question #2 – How Good Are Your Raw Materials (The funds within your 401K) 15:20 Question #3 – What is your asset allocation plan? 18:20 Question #4 – Is fine-tuning your account in order? Assess options to 401Ks. 22:58 Question #5 – What is your oversight strategy? 26:48 Long Term Care & What you need to know to remove the fear on this topic 43:12 COLA (cost of living adjustment) & Social Security 45:35 Listener Questions Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! ===========================================  ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management  #inflation #retirementincome #retirementplanning #stockmarket #investing #financialadvisor #SocialSecurity #Financial Literacy #RetirementEducation #FinancialKnowledge #LongTermCare #401KStrategy #Managingretirementonyourown DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  12. Episode 7: "Retirement Playbook - Moves to Make When You're 10 Years Out From Retirement"
    Episode 7: "Retirement Playbook - Moves to Make When You're 10 Years Out From Retirement"

    Retirement is much like the Superbowl. Just like the big game, reaching retirement involves hard work and perseverance, but to secure victory, strategic moves are crucial, especially when you enter the "Red Zone" – those pivotal 5 to 10 years before retirement. In this episode Tom and Kristen unveil the playbook for a winning retirement:   🏈 Financial Red Zone Strategy: Learn the essential plays during the critical 5 to 10 years leading up to retirement. It's the game-changing phase where your financial strategy can make all the difference. 💡 Score Big with Maximized 401K Funding: Discover why funding your 401K to the max is a game-changer. Tom and Kristen break down the playbook for maximizing your financial gains and setting the stage for success. 🔄 Rethinking 401K Assignments: Uncover the importance of rethinking your 401K assignments. 📚 Adding an IRA to Your Playbook: Explore the benefits of incorporating an IRA into your strategy. 🔍 Traditional IRA vs. Roth IRA: Navigate the decision-making process on whether to opt for a Traditional IRA or Roth. 💼 Pensions Game Plan: What to do if you have a pension? Tune in to this special broadcast and equip yourself with the winning strategies needed to emerge victorious in your retirement. Don't miss the chance to score big in the Financial Super Bowl of life! Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇  TIMESTAMPS 00:00 Retirement Playbook 01:15 Financial Red Zone Strategy 04:00 Move #1 – Maximize Your 401K 09:10 Move #2 – Tactical 401K Rethink 17:25 Move #3 – IRA Power Play 23:15 Move #4 – Traditional IRA vs. ROTH IRA 35:23 Move #5 – The Pension Game Plan 43:00 Move #6 – Social Security Mastery Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here https://mosleywealthmanagement.com/contact/ =========================================== Like this content? Please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! =========================================== ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management #inflation #retirementincome #retirementplanning #stockmarket #investing #financialadvisor #SocialSecurity DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley nsurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  13. Episode 5: "The Sandwich Generation - Managing the Cost of Caring for your Parents & Your Retirement
    Episode 5: "The Sandwich Generation - Managing the Cost of Caring for your Parents & Your Retirement

    If you're in your 40s & 50s, juggling the responsibilities of caring for aging parents and supporting your own family can have profound financial implications. Join Tom and Kristen in this crucial discussion about the unique challenges faced by individuals in the 'sandwich generation.' Explore the direct impact on your retirement plans and learn strategic approaches to secure your financial future. In this video, Tom, and Kristen dive deep into the emotional and financial aspects of caring for aging parents. Discover how this role can affect your retirement savings, potentially altering the trajectory of your financial goals. Gain valuable insights on navigating this financial strain and uncover effective solutions to safeguard your retirement plans. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 Intro 01:41 Defining the Sandwich Generation 05:30 Unique retirement challenges that come with caring for parents. 10:10 The financial impact of caring for parents. 14:30 How to help your parents prepare for passing financially. 18:00 Documents that need to be in order. 20:23 Secure 2.0 Inherited IRA implications. 23:34 Unique retirement challenges that come from caring for your kids & young adults. 26:51 How to maximize your retirement under the circumstances. 27:20 Scarcity mindset & learning to take care of yourself 30:40 Start with a retirement plan. 34:30 Start putting money away and automate where you can 39:50 401K Coaching 43:20 Paving the way for Roth 401K options 47:05 Getting out of debt. 48:20 Importance of Life insurance (especially if you have debt, kids, and mortgage) 50:53 Call to Action – Need help? Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! ===========================================  ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management  #inflation #retirementincome #retirementplanning #stockmarket #investing #financialadvisor #SocialSecurity #FinancialImpact #RetirementPlanning #AgingParents #SandwichGeneration #FinancialWellBeing"  DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  14. Episode 3: "Retirement - To Contribute or Not to Contribute, that's the Question"
    Episode 3: "Retirement - To Contribute or Not to Contribute, that's the Question"

    To contribute or not to contribute? That is a big question for many. Is it better to direct money to a tax deferred plan, or take that money and put it in a plan that grows tax-free? Today, retirement expert Tom Mosley and Kirsten Oakley discuss the pros and cons of contributions, that issues that arise from qualified plans, and the steps you can consider taking that will help you maximize your money in retirement.   Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇  TIMESTAMPS 00:00 Retirement - to Contribute or Not Contribute 02:45 Reasons why someone would want to consider not contributing to a 401K or IRA 07:24 Why a qualified plan isn’t the “be all” that it used to be 11:15 Why qualified plans are good 14:30 What should people be doing with their current qualified plans? 24:45 Why knowing your risk score is so important 28:30 Solutions on what do with your contributions 29:49 The difference between a ROTH and regular 401K 37:55 Call to action & how to create a retirement strategy. 39:48 When it’s NOT a good idea to convert into a ROTH 47:42 To contribute or not to contribute? Save!    Have specific questions for Tom and the team at Mosley Wealth Management? Contact us 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! ===========================================   ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management   #IRAContributions #ROTHContributions #inflation #retirementincome #retirementplanning #stockmarket #investing #financialadvisor #SocialSecurity #401K #ROTH IRA   DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.

  15. Episode 2: The When's of Retirement
    Episode 2: The When's of Retirement

    Timing is everything in retirement, so it’s crucial to know not only the “what to do” but the “when to do it”.  Whether you’re in your 20’s or your 70’s, there are steps you should take to maximize YOUR retirement savings and live the life you desire. Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇  TIMESTAMPS 00:00 The When's of Retirement 03:25 What to do to prepare for retirement when you are in your 20’s, 30’s and 40’s. 15:00 What to do when you are in your 50’s – aka “The Redzone”. 29:30 What to do when you are 59 ½! A time when retirement rules change. 41:30 The big question…. “When can I retire?”   Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here 👇 https://mosleywealthmanagement.com/contact/  =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! ===========================================   ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management #When to Retire #Retiring Early #inflation #retirementincome #retirementplanning #stockmarket #investing #financialadvisor #Whencaniretire #SocialSecurity   DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.  

  16. Episode 1: "The 6 Essential Components You Need to Include in a Retirement Strategy"
    Episode 1: "The 6 Essential Components You Need to Include in a Retirement Strategy"

    One financial decision will affect all the others. In retirement, you must look at a plan comprehensively & holistically.  In today’s show, Tom explains the difference between retirement investments and a retirement strategy. He discusses the 6 essential components you need to address and include in your plans to develop a true retirement strategy.   Jump to a segment using the 𝘁𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 𝗯𝗲𝗹𝗼𝘄! 👇 TIMESTAMPS 00:00 6 essential components to include in a retirement strategy 05:15 Why you need to have a written retirement plan. 06:20 How your lump sum and income play a role in retirement. 07:00 In retirement your income is more important than your lump sum. 13:00 Investments are your “lumberyard” & necessary to help build your retirement. 18:30 As you enter retirement you go from wealth accumulation to wealth preservation. 18:50 1st component is having income: Guaranteed, increasing, and last as long as you and/or spouse. Income is the foundation to a written retirement plan. 25:50 The 2nd component is addressing inflation. 29:50 The 3rd component is investments. You must manage your risk. 37:30 The 4th component is TAXES. 46:20 The 5th component is Health Care. 48:00 The 6th component is Legacy. Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here 👇 https://mosleywealthmanagement.com/contact/ =========================================== If you enjoy this content, please 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄, 𝐥𝐢𝐤𝐞, 𝐨𝐫 𝐬𝐡𝐚𝐫𝐞! ==========================================   ⭐ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒 𝐎𝐍 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀⭐ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management  #inflation #retirementincome #retirementplanning #stockmarket #investing #financialadvisor #SocialSecurity   DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (“MWM”). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.