Unlock Your Wealth: Recent Episodes
Raj Shah
Raj Shah is the president and founder of SC Wealth Advisors in Chicago, Illinois. He has been practicing income planning for more than 15 years. He focuses on wealth management and retirement strategies. “Unlock Your Wealth” is dedicated to empowering the investor and retirement saver with the information they need to expect more from their financial advisor.
Raj Shah and Rick Borek get into the upcoming changes in tax brackets and standard deductions set by the IRS for the 2025 tax year, emphasizing the importance of strategic tax planning to maximize savings. It highlights the potential expiration of the 2017 Trump tax cuts and the implications for retirement planning, particularly regarding Roth IRA conversions and capital gains.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek delve into the recent adjustments in Social Security benefits, highlighting the impact of inflation on retirees' purchasing power.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss 401(k) plans and the advantages of IRAs and Roth IRAs. They emphasize limitations of 401(k) plans and the benefits of having more control over investments through IRAs, as well as the significant tax advantages of utilizing Roth 401(k) accounts.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss the critical aspects of retirement planning, emphasizing the importance of understanding financial risks, stress testing portfolios, and the value of personalized financial advice. They talk about how working longer can reduce the risk of running out of money and how a comprehensive financial plan can significantly improve retirement success probabilities.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Rah Shah and Rick Borek emphasize the importance of structuring retirement portfolios to not only keep pace with inflation but also to ensure sustainable income.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek explain the complexities of retirement planning, highlighting the importance of proactive financial strategies in light of unexpected events such as health issues or job layoffs. They emphasize the need for individuals to create a robust financial plan that allows for flexibility and security in retirement, particularly in the face of technological advancements like AI that may impact job stability.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek focus on the importance of understanding Social Security benefits and the strategies to maximize them. They cover misconceptions about taking Social Security early and the emotional factors that influence decision-making.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek delve into the complexities of Social Security, particularly the implications of claiming benefits early versus delaying them. They emphasize the importance of strategic planning in retirement to mitigate potential losses due to benefit cuts and inflation.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek explain that it's important for retirees to understand the impact of inflation on their retirement plans and make adjustments accordingly. High inflation rates can significantly reduce the success rate of retirement portfolios. They explain that retirees should consider saving more and securing consistent income to offset price increases.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss how Social Security is facing a solvency crisis within the next 10 years, and one option to fix it is to raise the full retirement age. This would add funding to Social Security but also result in fewer years of payments for retirees. They explain that planning for a potential decrease in Social Security benefits is important, and putting away a lump sum of money can guarantee additional income in retirement.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss the potential rate cuts by the Fed and its impact on fixed income investments. They emphasize the opportunity to lock in high yields on longer-term treasuries before rates go down.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek explain how important it is to address tax planning in retirement, including factors such as selling a home, annuities, Roth IRA conversions, IRA contributions, required minimum distributions, tax loss harvesting, and taxation of Social Security benefits. They believe timing is crucial when it comes to selling investments or assets to take advantage of stepped-up basis and minimize tax liabilities.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek explain how hiring a financial advisor can provide value beyond portfolio management. They can help with estate planning, tax planning, social security planning, and creating a comprehensive financial plan.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss the importance of reviewing and optimizing existing portfolios, ensuring guaranteed income for retirement, and the benefits of in-service rollovers. They also emphasize the need to avoid making investment decisions based on political predictions.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss the stock market and whether historical trends can be relied upon for accurate predictions. They emphasize the importance of having a blended investment strategy and a portfolio that is structured to protect against potential losses.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek break down the biggest people can make with their 401(k)s. They mention only contributing minimums, not taking advantage of Roth, and Target Date Funds are something to avoid.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss important things to know about Social Security this year, including changes in the COLA and the need for additional sources of income.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek explain the importance of being aware of regulations and requirements before entering into any investment or strategy. They also encourage you be aware of tax technicalities.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss conflicting advice when it comes to Social Security and the importance of considering various factors such as income limits, spousal benefits, taxes, and investment gains. They emphasize the need for a thorough analysis of individual circumstances and the potential impact on overall wealth.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek explain the performance of the Magnificent Seven stocks and the broadening of the stock market. They share the importance of a balanced approach to investing and not relying solely on past performance.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Many people are nervous about running out of money in retirement, leading them to consider annuities as a source of guaranteed income. However, financial advisors often find that their clients are not interested in annuities, despite seeking safer portfolios and income protection. Raj Shah and Rick Borek explain how annuities provide contractual guaranteed income and can be suitable for some investors.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek delve into the importance of retirement planning and the need for a comprehensive financial plan. They highlight the key factors that impact retirement, such as savings, expenses, taxes, medical costs, and long-term care.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek discuss strategies to limit tax bills in retirement and maximize retirement income. They emphasize the importance of examining the entire financial situation, including retirement accounts and after-tax accounts, to find opportunities to save on income taxes. Raj and Rick go into the benefits of coordinating IRA and 401k distributions with Social Security payments and minimizing tax liability. The potential advantages of Roth IRA conversions are discussed, highlighting the long-term benefits and the opportunity to have tax-free withdrawals in the future.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
We're hearing warnings that Social Security will need to make some changes in the next 10 or so years. Raj Shah and Rick Borek have come up with strategies to help their clients hedge against benefit cuts.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
It can be extremely difficult to know who to trust when it comes to your retirement savings. Raj Shah and Rick Borek break down what your financial advisor should and should not be doing when it comes to your financial future.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
There is a lot of general advice out there on what 'magic number' you should save for retirement. Raj Shah and Rick Borek explain why some people might be saving too much, and how you can find out what your target number should actually be.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Raj Shah and Rick Borek explain why it's imperative that you have a tax strategy going into retirement and how they help their clients at SC Wealth Advisors.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
A lot of people want to reduce risk while staying in the stock market. Rah Shah and Rick Borek explain how they help their clients achieve a comfortable and well-balanced portfolio.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
There are different times in your life that are more appropriate to take risk. Raj Shah and Rick Borek explain how they allocate their clients' portfolios properly.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
There are a lot of potential changes coming to Social Security. Raj Shah and Rick Borek explain what you should and what you shouldn't worry about.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Tax planning could completely change your retirement plan. Raj Shah and Rick Borek break down the strategies they use with their clients to help them be as tax efficient as possible.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
When you look at the numbers, people are retiring much later than the last few decades. Raj Shah and Rick Borek explain why that is and how you can decide when the best time is to retire.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
If left untouched, taxes could be the biggest expense you have in retirement. Raj Shah and Rick Borek explain what strategies they use for their clients to help keep them tax efficient.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
If you don't plan correctly, taxes in retirement could be a major expense. Raj Shah and Rick Borek explain how they help their clients be as tax efficient as possible.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Are you ready for a market correction? Raj Shah and Rick Borek explain how they're preparing their clients in case it happens.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
If left untouched, taxes could be the biggest expense you face in retirement. Raj Shah and Rick Borek explain how they help their clients put together a tax strategy.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Some companies are toying with the idea of adding a fixed component. Raj Shah and Rick Borek explain how this could change retirement planning for their clients.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
There are a few obstacles you need to keep an eye on as you prepare for retirement. Raj Shah and Rick Borek break down tax planning, longevity risk, and other issues you might run into.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
One of the best ways to make sure you are headed for the retirement you want is to simulate the future. Raj Shah and Rick Borek explain how they help their clients through this process.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Why do people have a hard time transitioning into retirement? Raj Shah and Rick Borek explain issues they've seen in their years of experience.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Nobody has a crystal ball, but a lot of people believe that taxes will go up in the future. If that happens, Raj Shah and Rick Borek break down a few strategies they're using to be proactive with their clients.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Your retirement plan could change depending on interest rates. Raj Shah and Rick Borek explain how to navigate the transition.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Without a retirement budget, some people may get out of hand with spending at the start of retirement. Raj Shah and Rick Borek have a few strategies they use to help their clients stay structured.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Hidden fees in retirement can take a bite out of your savings. Raj Shah and Rick Borek explain how they keep those fees efficient and transparent for their clients.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Since we know changes are likely with Social Security, Raj Shah and Rick Borek have come up with strategies to get ahead of the game.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Taxes could be one of your biggest expenses in retirement. Raj Shah and Rick Borek break down ways you could save on RMDs.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
If you don't have a tax strategy in place for retirement, Raj Shah and Rick Borek have a few things for you to think about.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
Having multiple streams of income in retirement is deal, but how do you accomplish that? Raj Shah and Rick Borek have a few ideas to get you started.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
There is a major difference between working with an advisor and planning your tax strategy versus letting taxes fall where they may. Raj Shah and Rick Borek explain how they help their clients plan their tax strategy in the most efficient manner.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
When it comes to tax planning in retirement, its better to start now. Raj Shah and Rick Borek explain how being proactive could pay off in a major way later down the road.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
We're living longer, which means chances of needing long term care are going up as well. Raj Shah and Rick Borek explain new long term care options you could implemement into your retirement plan.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
If you could retire today, would you? Do you know if you could retire today? Raj Shah and Rick Borek explain how they help their clients potentially retire sooner than they expected.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
If you're passing down your legacy, you want to make sure your family isn't hit with a huge tax bill. How is that possible? Raj Shah and Rick Borek have years of experience helping families make sure their legacy plan is efficient.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
There are multiple mistakes people make in retirement with their 401ks over and over again. Raj Shah and Rick Borek explain a few and how to avoid them.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
The new rules for 401k catch up contributions have been put on hold. So what do we do in the meantime? Raj Shah and Rick Borek have a few strategies you could put in place now.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
If you're using Target Date Funds are you happy with their performance? Raj Shah and Rick Borek explain why they might not be working as well as you would prefer.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
See omnystudio.com/listener for privacy information.
We've all been dealing with inflation and frustrated by it, but could it present opportunities? Raj Shah and Rick Borek explain how to take advantage of this economy.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
One piece of retirement that gets overlooked, but could greatly affect your retirement is long term care. Raj Shah and Rick Borek have come up with a few ideas to solve that problem.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
If we have a correction, how will it affect your retirement? Raj Shah and Rick Borek explain what to keep an eye out for and how to navigate a volatile market.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
Besides the stock market, do we have other options for income in retirement? Raj Shah and Rick Borek have a few strategies to consider.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
The closer you get you retirement, the less time you have to recover from mistakes. Raj Shah and Rick Borek explain one of the biggest issues people need to be aware of.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
If you want to retire early, what are some things you need to keep in mind? Between the clients Raj Shah and Rick Borek have retired vicariously through over the years, they have a few pieces of advice on what to be aware of.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Raj Shah and Rick Borek focus on wealth management, retirement planning, personal finance, taxes, estate planning and so much more. Combined, Raj and Rick have over 55 years of financial planning experience and are eager to help you retire in the most efficient manner.
Just because you have the option to cash out your 401k, should you? Raj Shah and Rick Borek express their opinions on what you should and shouldn't do with your retirement accounts.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Taxes could be the most expensive cost in retirement. Are you prepared for tax increases? Raj Shah and Rick Borek explain strategies and tools that could help you remain as tax efficient as possible.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
When is the last time you've updated your retirement plan? Raj Shah and Rick Borek of SC Wealth Advisors explain how new strategies could amplify your retirement.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Are you aware of your tax burden in retirement? If not, Raj Shah and Rick Borek can help you put the picture together and how to form a strategy to be the most tax efficient in retirement.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
Some financial advisors avoid talking about annuities, but why? Raj Shah and Rick Borek explain why they might avoid that conversation and why they insist on having it with their clients.
For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com
It seems people getting ready for retirement have a different viewpoint than those actually in retirement. How do we understand and plan for the realities we will face?
Over the last 100 years, the market is up 73% of the time and down 27%. Why wouldn’t you want to play those odds?
Warren Buffet is famous for saying, “Just don’t lose money.” Today we look at what Warren says made him successful and what we can learn from it.
There are so many stories of rich athletes that blow through their millions. We found a story about a current quarterback that seems to have his head on straight and thinking to the future.
A new survey says 70% of people are financially stressed right now and don’t trust the stock market. If that describes you, how do you position your money?
We spend hours pouring over our taxes each year trying to write a smaller check to the IRS. How much planning are you putting into the check you may be writing while you are in retirement?
A new idea for income in retirement. Take more when the market is good, cut back when the market is bad. Sounds simple, but does it work?
What mix of stocks-to-bonds or risk-to-safety makes you feel comfortable? Raj and Rick look at an interesting new idea.
The recent failures of Silicon Valley Bank and Signature Bank will rattle your confidence in the banking system. What do we need to know and what is the main take away from this unfortunate event?
The Fed keeps raising interest rates to fight inflation. It is adding volatility to the stock market, but it’s also adding a new option for retirement savers that they haven’t seen in almost 20 years.
The headlines are calling for another market pullback. If you are getting close to retirement, how do you prepare?
It’s been 20 years since interest rates have reached 5%, but here we are. What’s out there and how do you choose?
Target Date Funds were designed to move to less risk as you get toward retirement. Do they work or is there a better way to manage risk?
03No one wants to work their whole life, send money down to their children and see a huge chunk of it go to Uncle Sam. How can you avoid it?
Do you have the right amount of risk-to-reward? Do you have a strategy for taxes, social security, and income? What are all the elements you need to go into retirement?
25% of people in a recent study said their plan is to sinmply just save as much as they can and file for social security. Is that enough?
Mom told you not to put all your eggs in one basket. It’s true with your financial accounts. But how many holdings do you need? Some say 30, others 200. What’s right for you?
This is the time of year to look back and reflect. You should do the same with your retirement plan. Uncover what’s working and what isn’t.
How will you be paid in retirement? Most of us will have Social Security and one other source. Can you build more pay checks in retirement?
Many of us will enter retirement without the security of a pension. How can you develop that monthly paycheck with a 401(k) or IRA?
Target Date Funds are supposed to move to less risk as you get closer to your retirement date. Does the concept work and is it working in this market?
Most of the major indexes are down for the year; so are bonds and many of the tech stocks. Historically when one area is down, there is another that is up. We talk about what’s working, and what’s not.
You structure your retirement money so that when the market goes down you have a buffer of bonds. What are your options if that side of your portfolio is also losing money?
Your house, car, and credit cards are all paid off, so you should be set for retirement, right? Not so fast. None of those things provide you INCOME in retirement. Ask yourself, how much will my retirement savings mean to me PER MONTH when I retire?
Working with a financial advisor a few years before your retirement date gives you more options to fix past mistakes, income gaps, and to get you on track to achieve your goals.
There are 3.27 trillion dollars invested in these “flawed” 401(k) funds. Are you a part of this group?
There are many opinions on whether we are at the beginning, the middle, or near the end of a recession. Who should you believe and how should it affect your planning?
Wall Street has held up the 60/40 mix of stocks-to-bonds as a model portfolio. But that allocation on average has lost 15-20% this year. Is it just a bad year, or is 60/40 no longer a good option?
Managing your retirement money seems easy when the market is going up. But all that has changed. How do you protect your life savings in a falling market and an economy that may be headed for a recession?
There are many that say we are not out of the woods yet. If that is true, where do you go for protection and the next opportunity?
The formulas say you’ll need 80% of your working year’s income to be comfortable in retirement. Is that reliable?
As interest rates go up, some of those traditional conservative financial vehicles might look more appealing. Is this the time to give CDs, Bonds, and annuities a fresh look?
The report card for last year is in, and Wall Street’s best and brightest can’t seem to beat the market. If they can’t do it, how can you? Or should that even be the goal?
Covid, The Fed, Inflation, Politics and now Russia. The stock market is dealing with a lot. How are you dealing with losing money in your retirement accounts and what can you do about it?
Wall Street says, “It’s not a loss until you sell it.” Is there a strategy to live off your money, but not sell assets in retirement?
One financial analyst thinks now is a time to have a large portion of your holdings in cash and bonds.
Does your financial advisor have the right skill set for what’s ahead for you in retirement?
Inflation, interest rates, taxes, the markets, and the Fed…there is a lot changing right now. Is your portfolio ready?
You paid taxes on the money that goes into Social Security from your check. Will you pay taxes on it again when you get it in retirement?
1 in 10 Americans now have saved 1 million dollars. Why are those people still worried about retirement?
Rising prices are forcing many people to make hard decisions. That’s not what you want in retirement.
The numbers show we have a significant market pullback every 7 to 8 years. If that happens 3 to 4 times in retirement, can you really afford that risk?
Is having cash on the sidelines a good strategy to protect your money from a market pull back?
How do you protect your money against unforeseen events like crashes, inflation, and pandemics?
There are many proposals being considered in Congress about taxes. Some of them may change how you access your retirement money.
One source says, to keep up with inflation you need more money in the market. Is that really the answer?
Every week it seems Congress is sending out another trillion dollars. How long before those taxes trickle down to you?
There are a lot of stories about government spending, and how higher taxes will pay for it. Do you have a strategy for rising taxes in your retirement plan?
One study found the SSA office was giving out incorrect advice 82% of the time! How can you find out what’s right for you?
Schwab asked people if they could see a financial advisor, in what areas would they want help. These are the top 4.
Look at your current take home pay. To succeed in retirement, will you need 50%, 75%, 100%, 125%? Is there a reliable rule?
A new survey shows people are very worried about Social Security. If the benefits are pulled back, do you have a strategy?
Every generation faces new retirement planning challenges. Will Baby Boomers have it the worst?
When it comes to working with their investments, many people believe they are above average. But many are not. And sometimes it takes a severe market loss to expose that truth.
Many people leave a job and leave their old 401(k) as well. What steps can you take to put that money to work?
Most everyone wants their money to grow, especially in retirement. What do you do if we have a series of years when the market is flat?
Your doctor may order a stress test on you to check your fitness. Can you do the same thing with your retirement plan?
Markets go up and go down. At what point do you start to view your positions in a different way?
Trying to find the next Amazon, Netflix or Google might be a "swing and a miss". Finding the steady 5 to 6% can be that winning formula in retirement.
More money has gone into stocks in the last 5 months than in the last 12 years. What should this signal to you?
What is your answer for the conservative part of your portfolio? With interest rates so low, where do you go?
You may need a tax element to your retirement plan. Forbes says you should be an aggressive tax planner. Should that make you nervous?
In his annual meeting to shareholders, Warren Buffett had some thoughts on Bonds and admitted a big financial mistake. What can you learn from it?
It was one year ago this week that the world, and the stock market, changed. But the recovery was quick. What lessons did we learn?
You may not have expired food in your refrigerator, but you may have expired holdings in your portfolio.
How much will it cost you to live in retirement? How much will it cost you 20 years later? Do you have a plan for that?
Did you miss the run up on GameStop? Is that the way to growth or is there a better way?
Ted Benna invented the 401(k) in 1980. He recently pointed out two problems you may face when using this money.
"Barron’s" looked at 3 missteps people make saving for retirement. Are you making one of them?
One third of Americans have started a home improvement project and had to call in a professional to clean up the mess. Can you afford that with your retirement?
If you have your Christmas shopping done, you can relax. Can you say the same thing about your retirement planning?
It’s time to see a financial advisor to talk about retirement. What do you need to know? What papers should you bring? How long should this take? What questions should you ask?
Many investors believe having 10 mutual funds or a S&P 500 index fund makes them diversified. Raj and Rick break down how that is not really true.
This week we look back at the biggest single-day drop in stock market history and ask, "could it happen again?".
Warren Buffett’s first rule of investing is “Don’t lose money”. Is that really possible?
The market pulled back in 2001, 2008 and now 2020. What have we learned and how can you be ready for the next one?
If the stock market is no longer a reflection of the economy, how do you decide how much money you want to put there?
People were asked what they thought the market would return each year over the next five years. You may be shocked at what they said.
Many people wonder if they have saved enough for retirement. Those numbers seem to go up every year. Should you take them seriously?
You buy an index to spread out your risk. But if the market & S&P 500 is being propped up by only 6 stocks, is that true diversification?
A new study found almost half of people had to cut back on their spending in retirement. Was it their fault, lack of planning, or something else?
A market roller coaster can also be an emotional roller coaster. But that is no way to live in retirement.
Is there any silver lining to this pandemic? If it makes us look closer at our future retirement, it could be a good thing.
Suzy Orman called people crazy if they were saving money in a 401(k). Have things changed so much that the 401(k) is no longer a good option?
Raj and Rick discuss the headwinds that the economy and the markets face and how you can protect your retirement money in the event of another downturn.
When your team is up by 30 in the 4th quarter, it’s time to play defense. Can you do the same thing with your retirement money?
70% of people responding to a survey had a negative view of retirement planning. When you listen to their answers, you find out why.
When you retire, your paycheck stops but the bills keep coming. Can you depend on an up and down market for expenses that are fixed every month?
Many of us have a 401(k). What are some steps you can take to reduce risk and be ready for recovery?
After selling all his airline stock how is Warren Buffett planning to re-enter the market? What can we learn from his answer?
Every financial plan should keep up with changes in your life and with the economy. The massive changes we have seen in the last 6 months may mean you need to have a new look at your plan.
Can we compare this market pullback to anything else we’ve ever been through? Plus, is sitting there and doing nothing a reasonable option with your 401k?
Have we found the bottom? Do you hang in there or take an active approach to you retirement accounts?
Market swings of over 1,000 points have retirement savers on edge. Let this be the wake-up call for those close to retirement to have the conversation about protection strategies.
The Corona Virus shows up on Wall Street with some of the worst numbers in 2 years. How do you react as a retirement saver?
There are many levels of financial planning. Make sure your financial advisor is going beyond the basics.
When you think of risk you probably think about the stock market. But there are more risks we need to plan around in retirement.
Another unexpected force is moving the market. Is it causing you to lose retirement money?
If you were asked, “What percentage can you take from your savings and have it still last 25 years?” What would your answer be?
Congress has changed the rules on IRAs and 401ks in retirement. How will it affect you?