Tag: Retirement

DNU
Retirement Accounts, Are They Worth the Investment? (Ep. 20)

Retirement Accounts, Are They Worth the Investment? (Ep. 20)

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While retirement accounts have powerful tax advantages, they might also have significant disadvantages if we don’t understand the rules. 

In this episode, Jim McGovern discusses retirement accounts and how individuals need to think critically about how these accounts work, know the rules of the game as they stand today, and consider their circumstances before deciding to invest in them. 

Jim also warns against the misconception that investing in retirement accounts saves tax money.

Jim discusses:

  • The advantages and disadvantages of retirement accounts 
  • Understanding the impact of changing tax rates
  • Factors to consider when deciding to invest in retirement accounts
  • Additional insights and tips on retirement account planning
  • And more

Resources:

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 47:55 — 43.9MB) | Embed

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DNU
A Conversation About Retirement Income Planning (Ep.3)

A Conversation About Retirement Income Planning (Ep.3)

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You should understand just how fragile financial plans really can be and stay realistic about what you are up against. If it was easy to do, then you wouldn’t hear about people running out of money.

In this episode, Jim McGovern shares how retirement income planning has changed over the years. He also briefly explains four rules that will help you add structure to your retirement planning all while enjoying more income.

Jim discusses:

  • The history of retirement planning
  • Two significant changes that transformed retirement planning
  • Why there was a shift away from traditional pensions
  • What changes in life can make retirement planning more challenging
  • And more

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 37:16 — 51.2MB) | Embed

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