Financial planners typically work in the insurance industry, the mortgage industry or real estate, but some are general practitioners. Discover the benefits of financial planners having a broad base of knowledge with help from a financial strategist and consultant in this free video on financial planner jobs.

Expert: Ted Schmidt
Contact: www.flgus.com
Bio: Ted Schmidt has spent the last 21 years as a financial strategist and consultant. He is active in the Hendersonville Chamber of Commerce and the Real Estate Investors of Nashville.
Filmmaker: Dimitri LaBarge

Duration : 0:2:41

In order to live cheaply in retirement, a person should spend less and change their daily habits. Make readjustments and consider selling a home to live in inexpensive retirement with help from a licensed insurance agent in this free video on retirement planning and personal finance.

Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz

Duration : 0:1:15

I am years from retirement, but an immediate annuity appears to offer a higher withdrawal rate than I can guarantee on my own. If I plan for an annuity it can help me achieve my goal. Is that a good strategy?

I don’t like annuities.
Some charge as high as 5% – all this to give you a check each month.
Do not go through an advisor for this.
Annuities are the biggest money makers for them – that’s how they buy their Lexus’s.

If you like annuities though – Charles Schwab offers a super low cost ones.
Fidelity Investments probably have some good ones also.
These discount brokers are not out to get you.
Go the schwab website and spend a little hour looking around and compare.
If I wanted an annuity that’s the way I would go.
Don’t get ripped off – also google annuity cons, and read, read, read.
I would also like for you to go to the bookstore and get a book on the subject.
The fees run in the thousands a year for some annuities – the least you can do is spend $20 on a book.
I think Schwab has an annuity that automatically buys laddered cd’s.
Be careful with high returns in variable annuities in a volatile market – you can lose it all.
Schwab and Fidelity have been around for 30 years – trust them.
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I just received my W-2 and I noticed an X on retirement plan on box 13. But I did not sign up for a retirement plan. And I did find something odd with the amount of money I was getting per check after taxes. Would I be able to reteive this money? I can’t afford to save a dime on a retirement plan right now.

Box 13 can indicate a couple of different things:

Box 13 – may have a box checked that indicates whether you are a statutory employee, a participant of your employer’s retirement plan or received third party sick pay.

Are you a statutory employee. Read about it at the link below and see if it fits your job.

Or perhaps your employer has a retirement plan which you do not have to pay into. Check with your HR representative. One thing for sure, if you didn’t "pay in" you’re not going to be able to take anything out.

The easy answer for how much a person should save for retirement is that they should save as much as they can. Save at least 10 percent of an annual income when planning for retirement with help from a licensed insurance agent in this free video on retirement planning and personal finance.

Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz

Duration : 0:1:24

How do I get started? I do not have a huge income?
I am in my early thirties, and have some debt.

That is an awesome question. The second source book below will help you get to your answer. It’s going to explain how money is made, created and kept. I commend you on getting this information early on. The world has changed; it’s no longer "go to school, get a good job, and that job will take care of you for the rest of your life." Ask the senior citizens and the baby boomers how that is working……….it’s not! We see seniors at fast food restaurants and wal-mart stores working when they should be enjoying their golden years. We are in the information age, the rules have changed. You’ve asked the most important question that ANYONE could ask.

The great news is we are just entering the information age (12-13 years now). With great change comes great opportunities. The second source book below will help you come to a decision. Just do your homework, if people can’t source it, their information is probably just an opinion and everyone has one of those. All that is going to do is waste your time and money.

IN THE INFORMATION AGE SUCCESS BEGINS WITH THE CORRECT INFORMATION SOURCE.

Be careful who you listen to, they may be broke (financially or thinking). Don’t get information from people that don’t live or have the lifestyle you want to live or have.

Good Luck!!

Your retirement plan and investment portfolio really depends on your time horizon (i.e. age) and your risk tolerance. After you answer those questions…you could start a proper plan.

A good Investment Advisor will be your best bet. Good luck!

Retirement Income: How Much and How Do I Get It? (Part 2)
Second video in a three-part series on retirement planning, Ben Stein gives guidance on the estimated amount of retirement savings the average couple will need, and highlights key investment tools to bolster retirement savings.

Duration : 0:3:5

http://iiagroup.biz Choosing the right investment advisor. Host Tami Simpson, president and founder of Insured Investments Advisors Group delivers sound investment advice for retirees. Trying to decide if annuities, 401K, IRA, the Stock Market, Mutual Funds, Real Estate or other investment plan or strategy is right for you is what an expert retirement financial planner will help you decide. Look for a retirement asset allocation planner who is a Fiduciary who will manage assets for your benefit rather than for their own profits. Tami talks about Stocks, Bonds, Mutual Funds, Annuities, Savings, Insurance, IRA’s, 401k’s, Pensions, Investment Real Estate, Second Homes and Businesses. Learn about minimizing tax liability and providing for Long Term Nursing Care costs. Contact Insured Investment Advisors Group for a free consultation and evaluation.

Duration : 0:5:38

I have to make a retirement plan for a person to earn 500 k in 30 years

I don’t know where to start >.< but I have to include things such as interest, bonds, and real estate. Help me please?

It may seem like a pain, but this is a very good exercise to start thinking about planning for retirement. The sooner you start saving, the easier it is.

I’m not going to do your homework for you, but I think what your teacher is looking for is how much you’ll need to save on a regular basis (say, monthly) in order to achieve a balance of $500K in 30 years. To do this, you’ll have to assume a reasonable rate of return based on a hypothetical portfolio made up of stocks, bonds and (apparently) real estate.

You’ll probably have to do your own research and cite sources for this info, but historically, stocks have averaged about 9-10% growth per year; bonds have averaged around 5-6% growth per year; not sure about real estate, but real estate mutual funds have returned about 8-9% growth per year.

One more hint: the PMT function in Excel can make this exercise much easier, once you settle on a rate of return.

I hope that helps. Good luck!