Optimum Retirement Planning LLC

12/19/2022

A great story from the WSJ about the current rental real estate market. We are a little biased, as we are quoted in it!

Higher mortgage rates and inflation change the risks and rewards of investing in rental properties.

08/03/2022

The Social Security fund is running out of money, but that doesn't mean Social Security is going away.

The Social Security trust fund will likely run out of money in the 2030's, but ongoing taxes will support about 75% of current Social Security retirement benefits.

09/08/2021

Tax-Reduction Strategies for Retirement

When Andy and Brenna virtually walked into my office, they proudly declared that they hadn’t paid income taxes in 5 years during their retirement. Unfortunately, they didn’t know how the US tax system worked, and really, they just DEFERRED those taxes for later. That move ultimately cost them over $200,000 in extra taxes over their retirement. Taxes are complicated, and many are unaware of key tax-reduction strategies. Have you wondered:

1. How to minimize taxes when taking withdrawals from your
various investment and retirement accounts?
2. What a Roth conversion is and who can benefit from it?
3. What investment strategies can reduce your taxes?
4. Which types of accounts should be paired with investments?
5. How to coordinate Social Security claiming decisions with tax-
savings strategies?
6. What RMDs are, and how to avoid costly mistakes with them?
7. Common mistakes that cost individuals thousands of dollars?

Come to our free webinar, Tax Reduction Strategies for Retirement, and learn strategies that can prevent you from overpaying your taxes before and in retirement.

Thursday, September 23rd from 7 PM to 7:45 PM CST

SIGN UP HERE: https://www.optimumretirementplanning.com/attend-events/

08/30/2021

Ever wonder how to teach your grandchildren the key concepts of investing?

My wife and I were fortunate enough to recently receive some savings bonds from my wife’s 95-year-old grandfather. The oldest of the savings bonds was bought in July of 1994. He purchased a series EE savings bond for $100, which is now worth about $293 at the time of this writing.

Click the link below to read the lessons he imparted on us through his gift, and how you can learn from his actions.

https://www.optimumretirementplanning.com/a-real-life-example-on-how-to-pass-investing-lessons-to-your-grandchildren/