Granger Hughes discuss essential strategies for retirement planning, including navigating Medicare, understanding new laws regarding catch-up contributions, and the importance of Social Security. They emphasize the need for a comprehensive retirement plan that accounts for taxes, healthcare, and income strategies to avoid common financial mistakes. Get to know the Hughes team, find out more about upcoming events, get your questions answered during open-enrollment and schedule a time to speak with them at https://hughesretirementgroup.com/    See omnystudio.com/listener for privacy information.

Granger Hughes discuss the evolving landscape of retirement planning, focusing on the transition from pensions to 401(k)s, the importance of understanding Medicare, and the implications of taxes in retirement. They emphasize the need for personalized retirement strategies that account for individual financial situations and the necessity of having multiple income streams, especially in light of potential changes to Social Security. The conversation also touches on market trends and investment strategies, highlighting the importance of being prepared for market volatility as retirees navigate their financial futures. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Granger Hughes discuss essential strategies for retirement planning, focusing on navigating Medicare changes, end-of-year financial tasks, understanding tax implications, maximizing health savings accounts, and managing orphaned 401(k) accounts.  Get to know the Hughes team, find out more about upcoming events, get your questions answered during open-enrollment and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

Rick Hughes discusses essential strategies for retirement planning, focusing on Medicare options, withdrawal strategies, Social Security, interest rates, and the evaluation of retirement accounts. They emphasize the importance of having a comprehensive plan to navigate the complexities of retirement, including potential tax increases and market fluctuations. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

In this episode of the Retirement Playbook, Rick Hughes discusses critical updates in retirement planning, focusing on Medicare changes due to the Inflation Reduction Act, market trends, Social Security risks, and the importance of staying informed about IRA and 401(k) regulations. Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

In this episode of the Retirement Playbook, Rick and Granger Hughes discuss the evolving landscape of retirement planning, emphasizing the importance of education and strategic planning. They cover topics such as the implications of early withdrawals from retirement accounts, the significance of guaranteed income options like annuities, and the challenges of planning for early retirement.  Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Granger Hughes discusses the importance of teamwork in financial planning, the intricacies of Medicare, and the critical nature of understanding Required Minimum Distributions (RMDs).  The conversation also touches on market strategies and the significance of managing emotions in financial decision-making. Get to know the Hughes team, find out more about upcoming events, get ready for open enrollment and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

In this episode, Rick Hughes discusses the upcoming annual election period for Medicare and the changes that will affect prescription drug coverage. He will also talk about the importance of creating a lifetime income stream through fixed index annuities and the decision to claim Social Security benefits early. Coach Hughes emphasize the need for proactive tax planning and the potential impact of future tax increases. Keep up with classes and event hosted Rick and Ganger Hughes take a look at their website at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

In this episode, Coach Rick Hughes discusses the evolving landscape of retirement and the significance of a personalized retirement strategy. The conversation also covers the annual election period for Medicare and the ongoing changes within the Medicare system. Furthermore, they highlight the necessity of a retirement plan and the importance of balancing risk and protection in investment portfolios. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

Rick Hughes explores the options for managing a 401k post-retirement, discuss the possible rise in the full retirement age for Social Security, and highlight the importance of planning for long-term care. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Rick Hughes emphasizes the need for an advisor who listens to the client's input, is accessible, provides detailed explanations, and takes the time to understand the client's goals and objectives. Get to know the Hughes team and schedule a time to speak with them or see the upcoming events at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

They debunk common myths about retirement, such as relying solely on Social Security and Medicare, not needing a financial advisor, and not considering the need for long-term care coverage. They offer alternative strategies for long-term care coverage, including using life insurance and shifting money from one bucket to another. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Rick Hughes discusses setting up a personal pension using fixed indexed annuities and how it can provide guaranteed income in retirement. They also discuss the Secure Act 2.0 and its impact on inherited IRAs. The conversation covers the fear of running out of money in retirement and the need for a credible financial advisor to help navigate retirement planning.  Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Inflation and taxes are indeed crucial elements in retirement planning. Inflation can erode the purchasing power of your savings over time, making it essential to factor in rising costs when planning for retirement. Taxes also play a significant role, as they can impact your retirement income and overall financial strategy. Rick Hughes highlights the importance of staying informed and proactive, you can better navigate the complexities of retirement planning and ensure a more secure financial future. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Granger Hughes explores the evolving retirement landscape, the significance of education, the effects of taxes and Required Minimum Distributions (RMDs), the function of annuities, and the development of a sustainable retirement strategy. It is crucial to emphasize personalized retirement plans that cater to individual situations and objectives. Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Granger Hughes explores the topic of annuities and the strategies for deciding the right investment amount. Then he examines the present market conditions and the likelihood of a significant correction.  Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Granger Hughes advises on the optimal time to begin retirement planning, the significance of budgeting and expenditure during retirement, and how interest rates affect retirement strategies. He also emphasizes the necessity of maintaining regular communication and updates with clients to ensure their retirement plans remain on course. Granger discusses this and more on this episode of The Retirement Playbook. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Rick Hughes will address the Trump tax cuts, the future of Social Security, market bubbles, and inflation. He emphasizes the importance of a comprehensive retirement plan that considers savings, income sources, retirement expenses, long-term care requirements, and taxation. Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

How can inflation affect retirement savings and the necessity of adapting strategies to cope with it. Rick Hughes will discuss the advantages of Roth conversions for reducing taxes during retirement are examined and explain what impact the election could have on your retirement plan. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

The upcoming election is certainly a topic of interest. Rick Hughes aims to ensure that you are well-informed and knowledgeable in making financial decisions for your retirement, regardless of your voting choices. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Which is to say, should you plan on their being a reduction in benefits in the future, or should you count on those in DC to solve the problem before 2034?  Rick discusses how to plan for both scenarios on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Just like with any major decision, you want to do some research before choosing a financial advisor to work with.  Rick (and special guest Wendy) Hughes tell you what you should be looking for before making that decision on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

And just as important, what is the retirement problem?  Granger offers his insight on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

You shouldn't stop thinking about your tax obligations just because Tax Day has come and gone.  On the contrary, this is the perfect time to be proactive and make sure you pay less next year and all the years to come, especially in retirement. Rick Hughes and Jamie Climer tell you what you should be doing now to minimize what Uncle Sam gets from you on this episode, Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

The long anticipated cuts to the federal interest rate have been delayed yet again while inflation continues to linger.  And given that the markets abhor uncertainty, what is an investor to do? Rick Hughes and Jamie Climer discuss the pros and cons of staying the course versus making drastic changes. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Furthermore, is it attainable?  Granger Hughes talks about why this answer, like so many when it comes to retirement is going to change on a case by case basis.  The good news, though, is that you might be in better shape than you thought.  Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Not necessarily talking about the ones you file every April, but the ones you'll be responsible for during your retirement years.  Rick talks about how important it is to minimize what it is you'll owe (and how to go about doing that) on this episode of The Retirement Playbook. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

The saying goes, "Buy low, sell high."  But when the market is near record highs, is it foolish to buy in... Or are you missing out on potential further growth?  Granger discusses this and more on this episode of The Retirement Playbook. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

A good bit, if you're creative enough.  Granger and Chris discuss at length (in addition to actual bracketology) on this episode of The Retirement Playbook. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Short version: a lot Longer version: a lot, but it can be reduced/minimized with the help of proper planning.  Rick offers tips on how to keep more of your heard earned dollars on this episode of The Retirement Playbook.   Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

There's been talks of doing away with the tax deferred aspects of contributing to a 401(k), in an effort to use those tax dollars to keep Social Security solvent.  But what would the fallout from that be?  Granger talks about it, as well as other ways to be tax savvy with your savings, on this episode of The Retirement Playbook. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

Or perhaps a better question: Has is ever worked?  Rick discusses this often debated withdrawal strategy and more on this episode of The Retirement Playbook. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Hear what Ted Benna, the father of the 401(k), says the plan he helped popularize is missing (as well as how to change that) on this episode of The Retirement Playbook. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

What can Granger's appreciation of watches teach you about taxes in retirement?  It turns out, quite a lot.   Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

As Spring Training gets ready to kickoff later this month, we take a look back at the financial decision one of the greatest of all time made regarding his retirement, and Rick discusses what we can learn from his decisions. Get to know the Hughes team, find out more about upcoming events, and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

And furthermore, how flexible should you be with that amount?  Rick discusses the strategies the Hughes Retirement Group use to help clients calculate that number without putting the whole plan at risk on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

Obviously, market downturns can be detrimental to your investment balances, but when they occur can't be truly predicted.   However, there's a known threat to your retirement dollars with a very clear timeframe, and it's called tax increases. Rick and Jamie Clymer discuss how to prepare for the known threats while also taking the unknown into account on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

And more importantly, where will that money come from? Rick discusses the importance of having an income plan, as well as how to create sources of guaranteed income to make that plan a successful on on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

According to a recent GoBankingRates article, a well-managed 401(k) should be "sufficient for a comfortable" retirement.  But how is any of that defined, and what if you want more than "sufficient?" Granger discusses things you may want to consider to help your retirement be more than sufficient on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Or more specifically, why they shouldn't be the end-all, be-all when it comes to your financial planning.  Rick Hughes talks about how to properly incorporate these rules in your plan, as well the error of measuring yourself up to other retirees, on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Perhaps the window on 2023 is closing, but there are things that can (and probably should) be done to lower your RMD obligations in the years to come.  But probably doesn't mean definitely.  Granger discusses the things to take into consideration on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

As we get set to put a bow on 2023, many people are making predictions on what to expect from the market in 2024.  And with it being an election year, the uncertainty only increases.  Rick discusses strategies worth looking at if you don't have the appetite for further market risk. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

In an era where taxes almost certainly have to go up in the future, many are looking at Roth conversions as a way to avoid getting hit with higher rates down the road.  But what could that mean for you in the meantime?  Granger talks about the things to take into account on this episode of The Retirement Playbook. Get to know the Hughes team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

With the solvency of Social Security in the spotlight lately, many people are wondering if they should claim as soon as possible to get what they can while they can.  But the conventional wisdom has always been to delay as long as possible.  Granger weighs the pros and cons, and discusses why there's not a catch-all answer on this episode of The Retirement Playbook.  Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/  See omnystudio.com/listener for privacy information.

The UN is predicting that by 2050 there will be some 3.6 million people in the world that are 100 or older.  Which means, they're in retirement or getting ready to retire now.  Are you prepared for a retirement that can take you to 100 or more?  Rick Hughes offers tips and insight on how to do just that on this episode of The Retirement Playbook. Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

Getting a new loan?  Probably not ideal.  But there are ways to take advantage of the current high interest, low(er) inflation environment in regards to your savings.  Rick Hughes discusses these options and more on this episode of The Retirement Playbook. Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

According to a new study, 7 in 10 Americans are concerned about higher taxes in the future.  Is that number too low?  Rick Hughes discusses the importance of proper tax planning on this episode of The Retirement Playbook. Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.

There are certain projects you can tackle on your own: taking care of your car, your lawn, etc... But making sure your retirement accounts are there for you for the next 20, 30+ years?  That's something that could benefit from a professional's guidance.  Rick Hughes discusses what you need to know on this episode of The Retirement Playbook. Get to know the team and schedule a time to speak with them at https://hughesretirementgroup.com/See omnystudio.com/listener for privacy information.