Retirement Renegade

Does this sound familiar as retirement age approaches people get worried that what they have saved may not be enough. Good wealth management is key to a successful retirement planning strategy and that’s where real estate may be your key to a successful retirement.

The 1 question you need to ask for your retirement planning strategy: How much am I willing to lose? Here’s a wealth management strategy for your retirement.

In this video, we'll discuss the 3 key assets you need to have in retirement. Don't miss out on important wealth management and retirement planning tips! #wealthmanagement #retirementplanning #retirementplanning

So you have to ask yourself, what is the purpose of this TSP? Is it for income? Is it for safety? Is it for growth or is it for estate planning? Is it for growth or is it for estate planning? If it is for income or growth? Maybe it’s time to do an in-service rollover. If you happen to be in a position where you’re approaching retirement or already retired, you may not have known this, but you can actually do what’s called an in-service rollover where you can take your earnings off the poker table and you can put it into something specifically designed for income, specifically designed for growth, specifically designed for long term care planning, specifically designed for death benefit. You can take your money out of it and keep contributing to your TSP while you’re working and finishing up your working years. And you can basically put it into something safer, put it into something that’s going to grow and compound, but still have saved your principal. #retirement #finanancialadvisor #retirementplanning #wealthmanagement

There's really only four purposes to any bucket of money. The first purpose is safety. Typically, on an average portfolio, this is going to be 5 to 10%. It's going to be in a checking your savings account. It's not designed for anything else but to get access to in a pinch. The second purpose of any bucket of money is income. You may live 30 plus years in retirement, you or your spouse. So you need to have a giant bucket of money that's going to last you the rest of your life. Typically, this is 50 to 70% of your entire portfolio. This is to acquire income in retirement. The third purpose of any bucket of money is growth. Typically, this is 10 to 20% of your overall portfolio. This could be for short term or long term growth. This could be for a new vehicle. It could be for a bucket list vacation around the world, the fourth and final purpose of any bucket of money is going to be long term care / estate planning or death benefit. So you have to ask yourself, what is the purpose of this TSP? Is it for income? Is it for safety, Is it for growth or is it for estate planning? If it is for income or growth? That leads us to number four, which is maybe it's time to do an in-service rollover. If you happen to be in a position where you're approaching retirement or already retired, you may not have known this, but you can actually do what's called an in-service rollover where you can take your earnings off the poker table and you can put it into something specifically designed for income, specifically designed for growth, specifically designed for long term care planning, specifically designed for death benefit. You can take your money out of it and keep contributing to your TSP while you're working and finishing up your working years. And you can basically put it into something safer, put it into something that's going to grow and compound, but still have saved your principal

Vacation homes in retirement? Not the best retirement strategy, but what should you do to enjoy a vacation home while retired? What’s a good wealth management strategy when it comes to extra homes in retirement? https://lnkd.in/e9_fwV9y

When you retire do you really need that brand new Maserati? Is a Maybach what you need for your retirement strategy? Here is the first big purchase that retirees almost always regret… Get your Financial Toolkit here: https://lnkd.in/dmKHZUGw

Giving and being generous is a great thing. But over giving can be detrimental to your retirement savings. Make sure your retirement strategy includes a bucket for giving. Call one of our financial planners today (615) 649-8222

Retirement mistakes are easy to make. What if you found yourself in a situation where your house is paid off and you are now in retirement. But a part of you now wants a bigger home that was not apart of your retirement strategy. What should you do?

You should enjoy Retirement that’s why retirement planning and having a retirement strategy is key because if you get ahead of your skis and purchase these 5 things in retirement… we’ll things could go sideways. Give us a call (615)649-8222

As a financial advisor helping people with their retirement planning strategies I’ve seen it all when it comes to wealth management in retirement. These are the 5 Common Mistakes people make in retirement! Give us a call (615)649-8222

Avoid this one big mistake when planning for retirement! Watch this video to learn about the common error many people make and how to properly plan for your retirement. Get advice from a financial advisor and learn about the importance of investing in your retirement planning. Don't make this costly mistake - watch now! #retirement #retirementplan #financialadvisor #investing #retirementplanning Avoid this one big mistake when planning for retirement! As a financial advisor, I've seen how this mistake can greatly impact your retirement plans. Don't let it happen to you - watch this video to learn more about retirement planning and investing wisely. #retirement #retirementplan #financialadvisor #investing #retirementplanning

If you find yourself in a situation where you’ve really not made a ton of income there for your taxable income is lower, then turning on Social Security early might be a good idea! Income planning and retirement planning can be a confusing time and have help will put you ahead of the curve. Speak to one of our advisors today book your 15 min complimentary phone call in retirementrenegade.Com or give us a call (615) 649-8222

You cannot activate spousal benefits until the primary breadwinner turns on their social security. So if you want your spouse to be able to receive spousal benefits, which is typically half of the primary breadwinners, then in that case it may be a good idea to turn on social security early. For more financial planning and wealth management strategies follow Retirement Renegade on YouTube or give us a call (615)649-8222 https://youtu.be/tdP_iuJqdjo

Although it maybe in most people's best interest to turn on social security later in life sometimes in wealth management it is what it is you have to make decisions today and your in a situation where the money is needed now. Give us a cal (615) 649-8222

How do genetics affect your retirement planning? Should your wealth management team be aware of your genetics and factor it into your retirement strategy? When it comes to financial planning many factors should be reviewed by your financial advisor. For more wealth management tips check out the retirement renegade YouTube channel or call us at (615) 649-8222

Don't make these costly mistakes in your retirement! Watch this video to learn about 5 big purchases that retirees almost always regret. Financial planning for retirement is crucial, and it's important to know what purchases to avoid in order to make your money last. From second homes to luxury cars, we'll go over the purchases that retirees often regret and offer alternatives to help you make the most out of your retirement funds. Don't let these purchases derail your retirement dreams! Get your Financial Toolkit here: http://www.myretirementtoolkit.com/ Subscribe for more financial advice: https://www.youtube.com/@retirementre... At Retirement Renegade we champion the underdog retiree. Retirement Renegade covers everything from how current events could affect your savings to strategies for maximizing your retirement income and everything in between. Let’s face it… In this day and age, it has become harder and harder to truly have enough money to enjoy retirement. The last thing you want to worry about is losing your hard-earned money unnecessarily. Whether through fees, market volatility, low rates of returns, or inflation more and more people are retiring with less than they had hoped for. You deserve the peace of mind of knowing that your retirement savings are safe...and this channel will show you how! - Andrew Winnett 278 Franklin Rd., Suite 260 Brentwood, TN 37027 (615) 649-8222

Wondering if filing for Social Security at 62 is a wise decision? Learn about the five categories that make it a smart move in this video. Don't forget to stick around for the bonus category at the end! Hit the subscribe button for more useful financial insights. Get your Financial Toolkit here: http://www.myretirementtoolkit.com/ Subscribe for more financial advice: https://www.youtube.com/@retirementre... Chapters: 00:00:00 - Filing Social Security Early 00:00:36 - Retirement Planning with a Chronic Illness 00:01:14 - Claiming Social Security Based on Genetic Predisposition 00:02:02 - Reasons to Turn on Social Security Early 00:02:40 - Factors to Consider When Turning on Social Security 00:03:17 - Spousal Benefits and Social Security 00:03:54 - Turning on Social Security in a time of need 00:04:27 - Turning on Social Security Early 00:05:04 - Maximizing Social Security Benefits 00:05:42 - The Mystery Video

You need to take a percentage or your retirement portfolio and put it into something that has guarantees to never go backwards . But what is the percentage? This video along with the full length video on our YouTube will cover it all.

This is a reality that happens all to often in the world of finance and retirement investment. To find out how we solved her problem watch our video on the Retirement Renegade YouTube channel or give us a call . Retirement Renegade (615) 649-8222

Widows have a ton of weight thrown on them when losing their spouse but losing money should not be one of them. Here are some dos and don’ts as a widow preparing for or in retirement.

Retirement is All about spending your Golden Years in a fun environment that you enjoy and can finish off your years with PURPOSE and FULLFILMENT. This is why investing in a good place to Retire is vital. Here are the top 5 places to retire in the United States.

We would like to wish every one a Merry Christmas from the Retirement Renegade team as we celebrate our first annual Pie Day! Thank you to all our clients and the wonderful people we’ve met this year, we are looking forward to a bright years as The Best Is Yet To Come!