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
Dee Mosier, host of Financial Straight Talk, consults expert guests, Ron Silverman and Jim Scarpone on investment opportunities for retirement planning.
Duration : 0:8:4
http://www.producersweb.com
The January Spotlight on Retirement Planning discusses how the college savings market is expected to more than double during the next five years, but 529 plans will make up but a small portion; the fact that 401(k) sponsors plan to expand their focus to include investment structure reviews and plan design; and XA Equitable Life Insurance Companys Retirement Cornerstone variable annuity.
Duration : 0:3:23
To calculate the rate of return on a Roth IRA, determine the current balance in the account, figure out the expected percentage rate, and use an anticipated time frame to make the calculation. Consult the financial institution that holds the Roth IRA for tools to help calculate the account with advice from a financial adviser in this free video on retirement savings.
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 : 0:1:45
Charla McIntyre, Ameriprise Financial Advisor, talks about the passion she brings to financial planning, using it to help people realize their goals, and then working to put a plan in place to help make their dreams a reality.
Using Ameriprise’s unique holistic planning process, and utilizing the Dream – Plan – Track approach, our advisors are able to get at the heart of what really matters. Whether it’s planning for a confident retirement, helping to gain future happiness or just learning how to achieve your goals while enjoying your life in the present, our advisors can help put your dreams more within reach.
Meet an Advisor near you at http://www.ameriprise.com
Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. Some products and services may not be available in all jurisdictions or to all clients.
Amerirprise Financial cannot guarantee future financial results.
I am licensed and registered to conduct business in TX. Based on licenses and registrations I hold, I may also conduct certain business in AR, AZ, CO, DC, FL, KS, MI, NC, ND, NY, OK, TN, VA, UT
Duration : 0:1:23
I have $170,000 to be used for all my expenses during 5 years of school and am looking for a safe, hands-free place to invest it. I have worked out my budget for the next 5 years and this money should be enough to cover my expenses if it grows above inflation. I am not interested in purchasing real estate, owning a business, or managing a large stock portfolio, so I would be grateful for any ideas regarding the best way to invest this money for the next 5 years. I will need to be able to withdraw 20% of the money each year to cover my expenses. Money-market savings accounts and certificates of deposit do not appear to have high enough interest rates to be viable options. The only option that I have found so far are Treasury Inflation-Protected Securities (TIPS) and Vanguard Inflation-Protected Securities (VIPSX) looks to be the best TIPS, but I don’t know enough about inflation, diversification or investing to know if putting the entire $170,000 in a TIPS for 5 years is the best option. I would greatly appreciate any financial planning advice regarding my situation. If you could map out the specific investment vehicles or sketch a composite portfolio for the $170,000 I would be very thankful. This would be easier for me if I was investing for the long term, but my 5 year window, expense requirements, and the current inflation outlook and bear market make my situation very confusing. Thanks for your help.
8% CD. insured. Europe
But to my mind the best way to invest money is to invest in business. It’s more profitable – up to 40% per year.
You may contact me for a good advice.
NOTE: I don’t need your money.
I wish you success in your investments!
Just looking for some advice/tips on how to save money on my tax bill. Thanks in advance
It would help if we knew your personal circumstances. Are you employed or self employed, higher rate or basic rate taxpayer, age? married? investments?
After leaving employment, how do you collect your retirement savings plan or 401K? how long does it take to collect it?
You have a few choices to make. 1. You could leave your 401k at your previous employer but you can no longer contribute and they may start charging you, I would advise against this option. 2. You may be able to rollover your 401k into your new employer plan but that depends on the new companies policy. 3. You could take the cash, and depending on your age may have an early withdrawal penalty before 59 1/2 and be liable for taxes if you are over 59 1/2 or under. Unless it is a ROTH 401k. 4. The best option is to rollover your 401k into an IRA at your bank or through a broker you may have other investments with. In an IRA you have more options on what investments you can own. I would advise getting in contact with a investment advisor before you do anything.
I’ve been told by an advisor at the Hallifax that the reason my investment ISA went down in value is because I paid my full allocation in one lump sum. By paying the same amount in regular small amounts, I could have spread the stockmarket-related risk to the point of virtually guaranteeing 10-20% profit. This is assuming I understood the nice lady correctly! Does that sound right? If so, What’s the optimum amount to pay in? Would paying in weekly be more profitable than monthly?
if the market goes down, then yes your risk is reduce because you are averaging in, that is being able to buy more share with the same amount of allotted money.
however if the market keeps going up you’re buying less but still making money on the way up.
this type of investing is usually on a 3 to 5 year time-horizon and you should not invest money you need right now to live off and pay bills etc
there is no optimum, the market are always changing, they are the sum of everyone fear and greed…so the market is irrational and cannot be approached in a rational manner even thought many people think they know what they are doing.
i would suggest you put in a equal amount every month…most institution track the market on a weekly and/or month timeframe
Tax relief expert Michael Rozbruch (http://www.taxresolution.com/) shares tips on extended tax breaks and deduction opportunities to help make the most of slow economy on KVEC morning news with Kings Harris. Also includes great advice on what to do (and what not to do!) if you have been audited by the IRS. Tax Resolution Services is dedicated to providing affordable solutions to businesses and individuals who find themselves in trouble with the IRS. Their team of expert tax attorneys, enrolled agents and CPAs has a success rate of 90% – second to none in the industry – and an Offer in Compromise Settlement Rate of $0.13 on the dollar. Visit the Tax Resolution Services web site at http://www.taxresolution.com/ for a free tax relief consultation or call 866-IRS-Problems.
Duration : 0:7:37
