In this episode of Money Moves, hosts Josh McEachin and Jared Garfield discuss the implications of the Tax Cuts and Jobs Act, which was initially set to expire in 2026 but has now been extended. They emphasize the importance of proactive tax planning for pre-retirees, highlighting strategies such as Roth conversions and tax diversification to minimize future tax liabilities. The conversation also covers the potential tax surprises retirees may face, including the taxation of Social Security benefits and Medicare surcharges, urging listeners to be aware of how their income can impact their overall tax situation.

If you have questions about your own retirement call Josh & Jared with Seven Figure Solution

800-837-7393 or click here to visit our website.

Retirement, Planning, Savings, 401K, IRA, Taxes, Social Security, Healthcare,

See omnystudio.com/listener for privacy information.

In this episode of Money Moves, Josh and Jared discuss various investment strategies for wealth preservation and growth in a volatile market. They explore high-yield savings accounts, fixed annuities, and US Treasury securities as safe investment options. The conversation shifts to bear market strategies, emphasizing tax loss harvesting and buying opportunities. They also discuss signs that may indicate readiness for early retirement, such as being debt-free and having a solid savings plan. Real-life scenarios illustrate the importance of planning and adapting to changing financial landscapes.

If you have questions about your own retirement call Josh & Jared with Seven Figure Solution

800-837-7393 or click here to visit our website.

Retirement, Planning, Savings, 401K, IRA, Taxes, Social Security, Healthcare,

See omnystudio.com/listener for privacy information.

In this episode of Money Moves, Josh and Jared discuss the financial challenges faced by Baby Boomers as they approach retirement. They explore common mistakes such as overestimating Social Security benefits, delaying retirement contributions, underestimating healthcare costs, and neglecting estate planning. The conversation also covers the importance of having a solid income plan, especially during the first year of retirement, and provides insights into real-life scenarios that retirees may encounter. The hosts emphasize the need for professional guidance to navigate these complexities and ensure a secure financial future.

If you have questions about your own retirement call Josh & Jared with Seven Figure Solution

800-837-7393 or click here to visit our website.

Retirement, Planning, Savings, 401K, IRA, Taxes, Social Security, Healthcare,

See omnystudio.com/listener for privacy information.