The truth is some people will
never need a financial
in their lifetime. Many different factors can play a role in this big decision.
- Your Understanding of the components of retirement planning
- Percentage of Discretionary assets you have
- Ability to stay ‘on the ball’ with changes that affect you.
You are asking the right question! It is often an overwhelming challenge to know where to look and where to search for a credible and appropriately skilled advisor.
What is a Qualified Charitable Distribution?
A QCD is a way to get an even higher tax break if you are a giver and age 70½.
To save money on taxes, make your
RMD’s as stated in their name, are REQUIRED.
Not everyone needs money from their IRA so if you are forced to take this additional income you may have considered donating this to charity.
Seeking professional financial guidance can be an emotionally stimulating event. For many, fears, frustrations, and fantasy of ideas can be distracting and you know what, it doesn’t have to be that way.
It may not need to be a long term relationship, but often the products and tools you select may require a long term commitment to see results you hope for or the product itself may restrict access to your funds for a time.