Securus Financial

10/03/2024

There are so many benefits to rolling your 401(k) into an IRA. But turns out, according to , nearly one-third of investors who rolled their 401(k) into an IRA were still sitting in cash seven years later; they never invested their retirement savings! As Iammarino with and discuss, these investors are missing out on billions in investment gains!

This problem is most pronounced among investors who've changed jobs and younger investors. While cash has a place in most portfolios, researchers estimate that the long-term benefit of investing in a target date fund (versus staying in cash) upon rollover is equivalent to an increase of at least $130,000 in retirement wealth at age 65.

If you'd like to read the Vanguard white paper, please click here:

https://digital-assets.vanguard.com/c...

If you have any questions about how to invest or an individual retirement account, please call John at 858-758-7889 or visit www.GoSecurus.com

https://youtu.be/HSA27euDRFI?si=McDib32wPJBeWx41

There are so many benefits to rolling your 401(k) into an IRA. But turns out, according to , nearly one-third of investors who rolled their 401(k) i...

09/09/2024

Concerns about a cooling U.S. economy led to a recent market downturn, and volatility may continue. As John explains to Erin Kennedy, a correction was somewhat expected. Historically, we often see corrections around this time of year, particularly in August and September.

But when our team at Securus Financial constructs portfolios, we always consider the potential impact of volatility, aligning asset allocation with each investor's unique risk profile. This helps manage risk while boosting long-term returns.
Investors need to remember that these moments can present long-term opportunities. We're always looking for such opportunities to position portfolios for future growth.

If you have any questions about whether your portfolio can withstand or even capitalize on market volatility, please call John at 858-758-9889 or visit www.GoSecurus.com

https://youtu.be/a2ACj9Mvnn0?si=4pyQ6TApakl4Mn1M

Concerns about a cooling U.S. economy led to a recent market downturn. And that volatility may continue. As with explains to ...

08/09/2024

Avoiding the Biggest Blunders in Estate Planning!!!

Ever wonder what common mistakes people make when planning their estate?

Join Thomas O'Connell,RICP and John Iammarino, RMA® on this episode of The Retire Happy Podcast, where we sit down with Josh Yager, Esq., CFP, a seasoned estate planning expert to uncover the pitfalls that can cost you and your loved ones dearly.

From overlooked details to major missteps, we'll guide you through the maze of estate planning, ensuring you avoid these costly errors. Tune in to safeguard your legacy and give yourself peace of mind.

Listen here: https://youtu.be/uiXK_TA6ogU?si=xBJlbaBn39mjxIxD

For show notes: Visit https://theretirehappypodcast.com/podcasts/ep-93-simplifying-estate-settlements-with-estate-planning-expert-josh-yager/

08/08/2024

💰 Debating the 8% Withdrawal Rate for Retirement Savings 💰

Recently, a prominent financial guru challenged the traditional 4% withdrawal rule, suggesting an 8% rate instead. This bold claim has led to heated discussions. Is it a smart move or a risky gamble?

Join John Iammarino and Erin Kennedy as they explore the feasibility of an 8% withdrawal rate and why relying solely on equities might not be the best approach. Thier conversation sheds light on the importance of personalized financial planning.

If you'd like to find precisely how much you can withdraw from your retirement accounts, without eroding principal balance, please give John a call at 858-935-6210 or visit www.GoSecurus.com.

07/26/2024

Unlock the Secrets to Managing Your RMDs in Retirement!

Are you ready to take control of your retirement finances? Recent changes in RMD rules due to the Secure Act and the Secure Act 2.0 have flipped the retirement landscape, and it's time to get ahead of the game!

Here’s How You Can Master Your RMDs:

🔹 Roth Conversions: Enjoy the benefits of tax-free withdrawals by converting your traditional IRA into a Roth IRA. Think of it like a strategic game of Tetris—make the right moves to avoid future tax hassles!

🔹 Plan Ahead: Make strategic withdrawals before reaching RMD age to keep your tax brackets in check and lower future RMDs. It's all about smart planning to avoid the tax "time bomb."

🔹 Delay Social Security: Boost your long-term financial health by delaying Social Security. This move can help you minimize RMD impacts and ensure a more stable retirement income.

🎁 Bonus Tip: If you’re 70½ or older, explore Qualified Charitable Distributions to satisfy your RMD and support charitable causes.

Don’t miss out on our latest video where John Iammarino and Erin Kennedy break down these strategies in detail. If you'd like to speak with John about how you can better control your tax liability, please give him a call at 858-935-6210 or visit www.GoSecurus.com

07/11/2024

Thinking about retirement? Today, Erin Kennedy and John Iammarino are diving into the five essential questions you need to tackle before you can kick back and enjoy those golden years.

Whether you're flying solo or planning with your spouse, these questions—from when you want to retire to where you want to live—will shape your retirement dreams. We'll talk about everything from financial planning to healthcare costs, all in a way that's easy to understand and apply to your own situation.

Because retirement is so much more than just a number in your bank account, working with a financial professional can help you define and build your ideal retirement. If you'd like to talk through your unique goals and objectives in retirement, please give John a call at 858-935-6210 or visit www.GoSecurus.com

06/20/2024

🚀 Exploring Bitcoin in Retirement Portfolios 🚀

As discussions around Bitcoin intensify, one burning question emerges: Should retirees embrace Bitcoin in their portfolios? Recently, Fidelity's White Paper, "The Case for Bitcoin," provided compelling insights. Did you know a strategic 2% allocation could potentially boost annual spending by 1%-4%, and a 5% allocation by as much as 9.5%? These figures underscore Bitcoin's potential as a growth asset.

However, it's crucial to navigate the nuances. Bitcoin's volatility means significant gains come with risks. For retirees, careful consideration is key. It's not about chasing quick gains but integrating Bitcoin sensibly into a diversified investment strategy.
John Iammarino advises in his discussion with Erin Kennedy to treat Bitcoin as “Vegas money”—a small part of a broader growth bucket. While it could amplify returns, it's essential to balance potential rewards with the inherent risks.

Interested in exploring how Bitcoin fits into your retirement plan? Please reach out to John by calling 858-935-6210 or visit www.GoSecurus.com

To read the Fidelity white paper, please click here:https://institutional.fidelity.com/app/proxy/content?literatureURL=/9911424.PDF

06/10/2024

Understanding the three main financial phases in your life is key to maximizing your finances. As John Iammarino explains to Erin Kennedy, each stage has different goals, risks, and opportunities.

The three phases are:

🏔️ 1. Accumulation: Lay the foundation for a secure future by smart saving and strategic investments. John reveals the secrets to grow your retirement fund effectively.

🛡️ 2. Preservation: As retirement approaches, it's crucial to protect your hard-earned assets. Learn how to minimize risks and ensure a smooth transition into your golden years.

💰 3. Distribution: Ensure a steady income flow throughout retirement. Discover John's strategies to managing your investments conservatively and guarding against market volatility.

If you'd like to learn more about these phases and how to maximize your wealth and minimize risk at each stage, please give John a call at 858-935-6210 or make an appointment at www.GoSecurus.com

05/22/2024

Ready to level up your financial game? Dive into the world of Roth Conversions, designed especially for folks in their 70s. Say goodbye to tax worries and hello to tax-free withdrawals and control over your financial destiny! John Iammarino and Erin Kennedy have your back every step of the way. Let's make your money work smarter, not harder.

If you are in your 70's and considering a Roth Conversion, please give John a call to see if it makes sense as part of your financial plan. Give him a call at (858) 935-6210 or visit www.GoSecurus.com

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05/09/2024

Join John Iammarino with Erin Kennedy as they break down 3 crucial strategies to tackle the IRMAA Penalty for Medicare Part B. High-income beneficiaries, listen up! There are ways to ease the extra surcharges imposed. From Roth conversions to charitable distributions, learn how to navigate this complex tax landscape and reduce your IRMAA tax burden. Check out our latest video to dive deeper!

And if you're looking to avoid that IRMAA penalty, proactive planning is key. If you'd like to talk through these strategies with John, please call (858) 935-6210 or visit www.GoSecurus.com

05/02/2024

Today, John Iammarino and Erin Kennedy had an awesome chat about something close to many hearts: retirement relocation. It's all about embracing new beginnings and adventures, whether that means trading city life for the beach, swapping suburbs for mountains, or simply getting closer to loved ones.

But hold on, before you start packing those moving boxes, let's talk about five key things to keep in mind:

1. Cost of Living: essential when trying to figure out if your retirement savings and income will be sufficient to maintain your desired lifestyle.

2. Healthcare Access and Quality, which becomes increasingly important (and often expensive) as we age.

3. Social Support Network: Moving often means leaving behind friends and support networks; that can be a tough transition!

4. Tax Implications: there's a reason a lot of retirees move to Florida!

5. Your desired climate and lifestyle preferences

Finding a place that matches your hobbies, budget, and lifestyle is vitally important when it comes to quality of life and ensuring that you don't run out of money! If you'd like to crunch the numbers with John, give him a call at (858) 935-6210 or visit www.GoSecurus.com

04/18/2024

Is your financial advisor truly planning for your future, or just coasting? In this video, John Iammarino and Erin Kennedy lay out the five signs that your advisor is delivering genuine financial planning, not just quick fixes. A truly committed advisor will:

1. Help you define your goals and objectives

2. Gather details on ALIE (Assets, Liabilities, Income, and Expenses)

3. Confirm your Social Security Benefits

4. Request last year’s tax return

5. Ask for copies of Estate Planning Documents


If this doesn't sound like your advisor, reach out to John Iammarino for a second opinion. Just call (858) 935-6210 or visit www.GoSecurus.com