You've probably heard lots of advice these last few months about changing your investments, and what you should do with your retirement plans. But there's so much more to consider as you plan for the future.
First, consider a Roth Conversion - taking the money out of your traditional retirement plan and rolling it into a Roth now. Vince explains why it could be very beneficial to do this now, from a tax perspective.
The stimulus package is great, but how will we pay for it? Vince believes that will come in future taxes on tax-deferred retirement accounts.
Beyond Roth Conversions, an important thing to do is track your expenses. Nobody likes budgeting, but that might not be a formal step you need to take. Just track your expenses and see what seemingly small things you can cut out.
Contact:
Assured Retirement Group Website: https://assuredretirementgroup.com/
Call Assured Retirement Group at 952-657-7470