073 Protecting Yourself from the Three Big Risks In Retirement
from The Chris Berry Show
Planning your retirement can be done easily but we may overlook the risks behind it. When creating your own retirement and legacy blueprint, it is important to take into account strategies to protect you from risks. In today's episode, we dive deep into the three biggest risks in retirement with the options to protect yourself from these risks. In this episode, you'll learn... - Chris' positive focus for the week - Introduction to the risks in retirement - Tax Risk - What happens to tax brackets when the Tax Cuts and Jobs Act ends - How the country's debt affect tax - Stretching IRA tax through the SECURE Act - How to minimize taxes for your retirement - Dealing with Market Risk - Diversification of investments - How to measure for risk/volatility - Building a strategy for a soon bucket and later bucket of money - Long-term care risk - What is Private duty home care? - The difference between independent living and assisted living - Long-term care insurance - How does the Medicaid crisis planning strategy work? - Income planning as the foundation in retirement Links and Resources: - [email protected] - www.wisdomwebinar.com - castlewealthlegal.com - RetirementPlanWebinar.com - AlzElderCare.com - castlewealthgroup.com - TheChrisBerryShow.com - Michiganestateplanning.com Follow us on Social Media: - Twitter - Facebook - LinkedIn
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