In this episode of Money Made Modern, Sheridan Murphy discusses the evolving landscape of retirement planning amidst recent interest rate cuts and persistent inflation. The conversation highlights the inadequacy of Social Security for many retirees, the importance of diversified income streams, and the need for adaptable withdrawal strategies. Positive trends in retirement savings are noted, alongside the significance of teamwork in couples' retirement planning. The episode concludes with practical scenarios to help listeners navigate their retirement decisions effectively.

If you would like more information Call Sheridan Murphy and his team 800-910-6286 or click here to visit our website.

Retirement, Planning, 401K, Insurance, Annuity, 401k, IRA, Taxes, Healthcare,

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In this episode of Money Made Modern, Sheridan Murphy discusses the critical importance of year-end tax planning for retirees, emphasizing the need to make smart tax moves before December 31st. The conversation transitions into understanding retirement income needs, highlighting that there is no one-size-fits-all answer to how much money is needed for retirement. The discussion then shifts to navigating the overwhelming financial news cycle and the emotional impact it has on investment decisions. Finally, real-life scenarios illustrate the importance of having a formal income plan and being proactive in retirement planning.

If you would like more information Call Sheridan Murphy and his team 800-910-6286 or click here to visit our website.

Retirement, Planning, 401K, Insurance, Annuity, 401k, IRA, Taxes, Healthcare,

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In this episode of Money Made Modern, Sheridan Murphy discusses the critical aspects of business planning, particularly for business owners. The conversation covers the importance of having a proper business structure, the significance of retirement planning, and the common misconception that a business can serve as a retirement plan. Various retirement options such as SEP IRAs and 401ks are explored, along with practical scenarios to illustrate the impact of these decisions on financial health and retirement readiness.

Call 800-910-6286 to see how an independent, product-agnostic approach can turn your savings into durable income. Visit ModWealthMethods.com.

Retirement, Planning, 401K, Pension, Taxes, IRA, Savings

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This episode of Money Made Modern focuses on the importance of insurance products in retirement planning, including annuities, life insurance, and long-term care insurance. Sheridan Murphy explains the different types of annuities, when they are appropriate, and how they can provide guaranteed income. The discussion then shifts to life insurance, detailing various policies and their relevance for families and business owners. Finally, the episode covers long-term care insurance, emphasizing its necessity in light of increasing healthcare costs and longevity. Real-life scenarios illustrate the practical applications of these insurance products, highlighting the need for personalized financial planning.

If you would like more information Call Sheridan Murphy and his team 800-910-6286 or click here to visit our website.

Retirement, Planning, 401K, Insurance, Annuity, 401k, IRA, Taxes, Healthcare,

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In this conversation, Sheridan Murphy discusses the importance of having a sustainable income plan for retirement. He emphasizes the need for a comprehensive financial review that includes a fee report, risk assessment, and tax analysis to enhance financial efficiency and growth. The conversation highlights strategies to protect retirement investments and increase cash flow, ultimately aiming to take the guesswork out of financial planning.

Call 800-910-6286 to see how an independent, product-agnostic approach can turn your savings into durable income. Visit ModWealthMethods.com.

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In this episode of Money Made Modern, Sheridan Murphy discusses the impact of market volatility on retirement planning, emphasizing the importance of asset allocation, emotional discipline, and a solid strategy to navigate financial uncertainties. The conversation covers key topics such as inflation, interest rates, and the necessity of having a resilient retirement plan. Listeners are encouraged to take proactive steps in their financial planning, including understanding their time horizon, budgeting for retirement spending, and making informed decisions about their investments. The episode concludes with practical scenarios that highlight the importance of personalized financial strategies.

Call 800-910-6286 to see how an independent, product-agnostic approach can turn your savings into durable income. Visit ModWealthMethods.com.

Retirement, Planning, 401K, Pension, Taxes, IRA, Savings

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In this episode of Money Made Modern, Sheridan Murphy discusses the implications of the current AI surge in the context of retirement planning. Sheridan explores whether this surge is a bubble reminiscent of the dot com era or a genuine technological transformation. The conversation emphasizes the importance of proactive planning, diversification, and understanding behavioral risks such as fear of missing out. They also delve into the role of AI tools in enhancing retirement strategies while cautioning against over-reliance on technology without expert guidance. The episode concludes with practical scenarios illustrating the need for flexible financial planning in the face of changing circumstances.

Call 800-910-6286 to see how an independent, product-agnostic approach can turn your savings into durable income. Visit ModWealthMethods.com.

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In this episode of Money Made Modern, Sheridan Murphy discusses the complexities of retirement planning, focusing on the transition from saving to spending, the relevance of the 4% rule, and the importance of customized financial strategies. Sheridan explores various income sources, tax implications, and the significance of long-term care and longevity risk. The conversation emphasizes the need for a flexible and comprehensive approach to ensure financial security in retirement.

Call 800-910-6286 to see how an independent, product-agnostic approach can turn your savings into durable income. Visit ModWealthMethods.com.

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