The Harlow Wealth Retirement Hour: Recent Episodes
The Harlow Wealth Retirement Hour
A recent study from the University of Michigan highlighted the fluid nature of retirement expenditures, noting they are greater in the years immediately following retirement, then slowing down and changing from leisure activities to health concerns. Danny looks at this study and notes how your plan can provide for the changing nature of your retirement spending as the years pass by.
There are over 2700 rules regarding Social Security benefits and how to take them. Today Danny goes over some of the top strategies to help you get the most from your benefits based on your particular situation.
Interest rates have been high until a recent cut by the Fed, and more of those may come before the end of the year. Danny and Chris look at how this affects retirement savings, and strategies to use to help safe money continue to grow while maintaining the necessary security to provide retirement income.
Today Chris and Dan Erickson tackle three important questions people have when planning for retirement, including areas of when they should retire, longevity and inflation.
Danny takes a look at a recent survey which shows that many Americans believe they are not truly set for retirement, and how working with an advisor can help determine how ready someone might be, as well as the best ways to help them get there if they aren't quite ready.
Danny takes a look at strategies that are necessary for a solid retirement plan to work properly. These include asset allocation, diversification, cost and risk management and more.
The next few years will find the largest group of people turning 65 in history, which means more people will be retiring and taking Social Security and Medicare benefits. Danny takes a look at this trend and discusses strategies to help mitigate possible adverse effects the economy may impose on people's future retirements.
Retirements are lasting thirty years or more, so your 401K and other retirement accounts need to help provide money for a long time. Today Danny will discuss strategies help you get the most from your 401K so it will help your retirement last as long as it needs to.
Danny takes a look at common mistakes people make with their investment accounts, including panic selling, sitting on the sidelines, or holding onto an investment for longer than needed.
Building a retirement plan can be compared to building a house - it needs a strong foundation, sturdy walls and a roof for protection. Today Danny relates what portions of a retirement plan compare to the various home construction pieces and why each is important to make sure your plan works as designed for you.
There is a new trend where some 401K plans offer employees a chance to convert some of their savings into a product which can turn them into a retirement income stream, much like a pension. But this may not come soon enough for many soon-to-be-retirees. Danny and Chris take a look at some strategies folks can use in the meantime to provide lifetime income for themselves, including optimizing Social Security benefits, matching what employers may provide into 401K accounts and several others.
Today Danny takes a different look at two questions many people ask before taking the retirement plunge - how long will they live, and how much money will they need before they pass away? These issues are intertwined, and Danny discusses how someone can plan around these issues to make sure the money they need is there for the rest of their life.
How long will you live? How much money will you need before you pass away? These are two huge issues when it comes to retirement planning. Today Danny and Chris take a closer look at each, and discusses the best ways for folks to assure they can answer these questions in a positive manner for their retirements.
Retirement today is very different from, say, a generation ago. Danny and Chris take a look at the key changes between past and present, and share tips on how to align your retirement plan and goals with today's financial environment.
A woman's retirement planning needs may differ from a man's, as she may inherit a spouse's accounts upon death. Today Chris Harlow and Dan Erickson take a look at the particular needs for this kind of situation, and how women need to know all the basics and the particulars of a financial plan that may be placed upon her, and also how to best put a plan together for her needs if she is not part of a couple.
Digital currency is a newcomer to the investment world, but is it right for you? Today Danny takes a look at Bitcoin, one of the more popular digital currencies, and a new ETF that makes investing in it easy. It can make huge gains, but is also subject to volatility and large downturns as well, and Danny takes an up-close look at all angles of this type of investment.
Chris and Dan Erickson discuss how taxes will affect your retirement, especially with rates rising at the start of 2026, and how proper planning can help reduce the amount you pay to Uncle Sam.
Are pensions coming back? Not so fast. But new retirement plans offered by some major companies like IBM are now offering benefits that function more like a traditional pension, thanks to a new program offered by Fidelity. Today Danny looks at this vehicle, how it can benefit those who have access to it, and whether similar programs have a more widespread future ahead in company retirement offerings for their employees.
The amount of savings people may need for retirement can be quite different on what they actually need. Some new reports indicate people need some guidance on how to turn their savings into income for retirement, and Danny and Chris take on the questions people have and how planning can help.
Chris Harlow and Dan Erickson discuss Social Security, and how optimizing your benefits can help you get the maximum from this program, as well as some of the many strategies which can be used for this purpose.
The U.S. national debt is now at $34 trillion dollars, and growing at a very fast clip, and taxes are almost certain to be raised by Congress in the next two years. Today Danny and Chris discuss why higher taxes will need to be part of the future if we have any chance of paying down the debt, and also look at ways to look at your retirement nest egg and find strategies to lower the amount of taxes you pay to Uncle Sam before rates go higher.
Taxes are almost certain to go up due to the increasing national debt in Washington, D.C. Today Danny and Chris take a look at how retirement planning has to change to help mitigate this upcoming increase and how it can save you money in the long run if the right steps are taken today.
How can the upcoming presidential election affect stock portfolios, including your retirement savings? Today Danny and Chris look at this and the various opinions on it may or may not do so, and how having different types of investments can help protect your nest egg from the volatility the market may experience depending on future events.
Chris and Dan Erickson discuss the upcoming Presidential election and the important subject of taxes and how future rates could well be determined by this election, as well as the continuing increase in the national debt.
One of the biggest concerns people have is outliving their retirement savings. Chris takes a look at some strategies that can help make your income last throughout your retirement.
Danny and Chris go over three questions related to stock market volatility, including how much money you could afford to lose in a market downturn, and whether there are lower risk investments you can make in retirement.
There are lots of risks that your money could face during retirement, especially involving around how long your savings will last. Today Chris and Dan Erickson talk about how to work around the risks you could face, especially as it involves market volatility, which could eat into your savings if it takes a big drop.
Answering Legacy Planning Questions - March 2, 2024 by The Harlow Wealth Retirement Hour
A recent study showed that people have great concerns about their retirement readiness. The volatility of 2022 played into this in a big way, and folks are not as prepared savings-wise as they might have been. Today Danny looks at this study and discusses things you can do to align your strategy with the possibility of continued volatile market conditions so you can keep more of what you have saved and earned.
There are different kinds of financial advisors you can work with, but how can you determine which is best for your needs? Today Danny and Chris discuss this topic and some ways for you to help figure out what kind of advisor you need for your retirement plan.
Today Danny talks about eight specific risks that can mess up a retirement financial plan if they are not taken into consideration, and how planning can help mitigate some of the unknowns.
Retirement planning requires your money to work differently as you go through your after work years. Sometimes it might be for traveling and other fun things, later it could be for health care. Today Danny and Chris talk about the various stages where planning can help make sure your money is available for whatever your needs are in retirement
A recent study showed that people have great concerns about their retirement readiness. The volatility of 2022 played into this in a big way, and folks are not as prepared savings-wise as they might have been. Today Danny looks at this study and discusses things you can do to align your strategy with the possibility of continued volatile market conditions so you can keep more of what you have saved and earned.
Most people have retirement savings in 401Ks or other similar plans, which are tax deferred so you need to pay taxes on them later. Today Chris goes against the grain to talk about why deferring taxes may not be such a good idea, given the possibility of higher rates in the not too distant future.
Diversification, defense, dependable basic income and dynamic additional income. These make up the four D's that a person needs to be aware of when investing for retirement. Danny and Chris take a look at each of these areas and how to best use certain strategies to make sure they are covered in a solid retirement plan.
Today Chris uses his tax expertise to talk about the various ways retirement income can be taxed - or, with proper planning, not taxed, so that you can keep more money in your pocket and not dole it out to Uncle Sam unnecessarily.
Today Danny and Chris discuss this important subject - the ways taxes could bring your retirement plans down if you don't plan for them, as well as the opportunities you have to pay less if proper planning strategies are applied.
Today Danny and Chris discuss legacy planning and its importance in a retirement plan so that what is left behind passes to the next generation in the most tax efficient manner possible.
Today Danny and Chris take a look at legacy planning and the things necessary to make sure that ones money and possessions are properly passed on to those who they want to have them.
Tax rates are likely to go up according to many experts, perhaps as early as 2025. Between the Tax Cuts and Jobs Act set to expire, and the increasing mountain of Federal government debt, these seem to be certain signs of a coming increase in tax rates, which means you pay more to Uncle Sam. Danny and Chris take a look at how to prepare for this event with long term tax planning to help keep you in a lower bracket and pay less to the Feds.
Women face special challenges for retirement planning, especially if they are widowed and are left with a plan they may not know much about. Today Danny and Chris address these special challenges and how women can plan for their own futures whether they are single, married, divorced or widowed.
A lot of people aren't aware of how much risk they have in their portfolios. Today Danny and Chris take a look at how to keep track of the amount of risk and the best ways to deal with it in a solid retirement plan.
Today Danny goes over four areas of retirement planning you need to be aware of - diversification, defense, dependable income, and dynamic additional income. Each of these has a place to provide you with the money you need for whatever you need it for.
Today Danny takes a look at possible danger areas that need to be navigated properly for a successful retirement plan.
Retirement can bring more taxes than you might think. But proper tax planning can help prevent you from overpaying. Danny and Chris take a look at five areas where not planning for taxes can bring you a big surprise bill if you aren't careful.
Today Danny takes a look at several important factors which need to be covered so that your financial future can be as good as you hope for.
Today Danny and Chris take a look at five potential areas of taxes in retirement that could cost you a lot of money if they are not planned for properly.
Without income, there is no retirement. Most people have retirement saving vehicles but don't know how to turn that money into the income needed for retirement. Today Danny discusses the importance of having a plan for doing this, along with strategies that can be used to create that income plan.
Social Security, longevity, and managing pre-retirement investments are three areas where pre-retirees can make errors and cost themselves thousands of dollars. Today Danny discusses these areas in detail and what you can do to recover if you have made any, and how to prevent yourself from getting into trouble in the first place.
Today Danny takes a look at some ways to help boost the amount of income you can receive for retirement. This includes working an extra year to increase Social Security benefits, and using tax planning strategies to help save what you pay to Uncle Sam, especially with rates set to increase at the start of 2026.
The U.S government continues to spend money like it's going out of style. But this kind of fiscal mismanagement has consequences, not just for the country, but for retirees as well. Today Danny and Chris discuss the possibility of rising taxes, further bouts of inflation and increased market volatility because of the rising debt, and what it could mean for your retirement plan.
Danny and Chris discuss eight mistakes to avoid in finding the right financial professional to guide your retirement plan and bring it to fruition.
Diversification is key to having a portfolio that can weather volatile market situations. Today Danny and Chris take a look at how to set up your strategy to be sure your savings can properly grow and get you ready for being able to use them for income and other purposes come retirement time.
Danny and Chris take a look at three significant risks that could greatly affect your retirement plan if they are not addressed properly: Social Security funding by the government, inflation and a proper investment strategy to mitigate the risk of a down market.
When you get close to retiring, there are a lot of decisions as to what to do with money in 401K or similar plans, as well as IRAs which may not be tax efficient. Today Danny and Chris go over some strategies that could benefit someone in putting a solid, tax efficient retirement plan together from these saving vehicles.
Tax preparation looks back at the last year to help you pay the right amount of taxes for that year. But tax planning looks ahead and can help you look to pay less in taxes than necessary. Danny and Chris look at how proper tax planning could help save clients a lot of money in future years.
Today Danny and Chris discuss ten important questions concerning taxes in retirement and how proper planning for them could save you thousands of dollars over the length of your retirement.
President of Harlow Wealth Management, Danny Harlow, shares some ideas on what we should consider right now when making decisions on our retirement accounts. The Harlow Wealth Retirement Hour is perfect for retirees and pre-retirees. Danny and other advisers enjoy discussing the vast menu of financial options available, how they generally work, the benefits and burdens, and give scenarios where different financial vehicles may be a good fit. If you are close to or in retirement and concerned about the challenges of retirement, get ahead of the game by listening to the Harlow Wealth Retirement Hour and turn your retirement into excellence for life.
Listen in to Danny Harlow discuss 5 things we need to consider right now regarding our retirement accounts. The Harlow Wealth Retirement Hour is perfect for retirees and pre-retirees. Danny and other advisers enjoy discussing the vast menu of financial options available, how they generally work, the benefits and burdens, and give scenarios where different financial vehicles may be a good fit. If you are close to or in retirement and concerned about the challenges of retirement, get ahead of the game by listening to the Harlow Wealth Retirement Hour and turn your retirement into excellence for life.
Danny Harlow shares some ideas on what we can do right now to have some control over our retirement accounts. The Harlow Wealth Retirement Hour is perfect for retirees and pre-retirees. Danny and other advisers enjoy discussing the vast menu of financial options available, how they generally work, the benefits and burdens, and give scenarios where different financial vehicles may be a good fit. If you are close to or in retirement and concerned about the challenges of retirement, get ahead of the game by listening to the Harlow Wealth Retirement Hour and turn your retirement into excellence for life.