In this episode of Element Wealth Radio, Gary Nolan and Jeremy Nelson discuss critical concerns retirees will face in 2025, as highlighted by Goldman Sachs. They explore the concept of the 'financial vortex' that overshadows retirement savings, the importance of personalized planning, and the need for diversified investment options. The conversation also includes timeless financial advice from notable figures, emphasizing the balance between financial goals and personal well-being. In this episode, Gary Nolan and Jeremy Nelson explore how core American values shape retirement planning. They discuss the importance of self-reliance, the American dream, and the desire for freedom and security in retirement decisions. The conversation also covers practical strategies for retirement savings, including the mega backdoor Roth IRA, investment options for early savers, and budgeting for long-term care insurance. The hosts emphasize the significance of individualism in shaping retirement strategies and the importance of informed withdrawal strategies for retirement accounts.

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In this conversation, Jeremy Nelson and Gary Nolan discuss the common financial pitfalls retirees face, including over-reliance on equity, elder scams, and overspending. They emphasize the importance of a balanced investment strategy that includes growth and safety, especially in light of increasing life expectancy and inflation. The discussion also covers the significance of proper planning for Social Security and the risks of borrowing from retirement funds. In this segment, Jeremy Nelson discusses key financial strategies for retirees, focusing on adjusting risk tolerance, the benefits of Roth conversions, and the importance of timing these conversions. He also evaluates the pros and cons of rolling over 401k plans, explores the emerging market of crypto ETFs, and provides insights on bond reinvestment strategies in the current interest rate environment. The conversation emphasizes the need for careful planning and personalized financial advice to navigate retirement successfully.

Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

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In this episode, Gary Nolan and Jeremy Nelson discuss the rising trend of financial resolutions among Americans as they enter the new year. They explore the importance of setting financial goals, the impact of inflation, and the emotional aspects of financial planning. The conversation also covers practical advice on managing forgotten 401(k)s, the benefits of rolling over retirement accounts, and the consequences of cashing out. Listeners are encouraged to take control of their financial futures and seek professional guidance. In this episode, Gary Nolan and Jeremy Nelson discuss the critical impact of inflation on retirement planning, particularly focusing on healthcare costs, investment strategies, and the importance of hedging against inflation. They explore various financial instruments, including annuities and alternative investments, and provide insights on optimizing Social Security benefits and Roth conversions. The conversation emphasizes the need for a comprehensive financial plan that adapts to changing economic conditions.

Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

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In this conversation, Jeremy Nelson and Gary Nolan discuss the shifting focus of Americans towards financial resolutions, particularly in light of rising inflation and economic challenges. They explore the importance of setting realistic financial goals, the necessity of emergency savings, and the impact of supporting adult children on retirement planning. The discussion emphasizes the need for a written financial plan and the implications of student loans and debt on family finances. Ultimately, the conversation highlights the importance of prioritizing retirement savings while navigating family support dynamics. In this episode, Gary Nolan and Jeremy Nelson discuss the essential components of a solid retirement plan, emphasizing the importance of a strong financial foundation, managing healthcare costs, establishing an emergency fund, and effective tax planning strategies. They also highlight the significance of diversification in investment portfolios and provide insights into retirement withdrawal strategies.

Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

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In this episode, Jeremy Nelson discusses the implications of President-elect Donald Trump's second term on retirement savings and offers strategies for navigating retirement in 2025. Key topics include the importance of a balanced investment strategy, reviewing asset allocations, maximizing retirement contributions, building liquidity, and the benefits of Health Savings Accounts (HSAs). The conversation also covers Roth conversion strategies, Social Security optimization, and long-term health care planning, emphasizing the need for adaptability in financial planning. In this segment of Element Wealth Radio, Gary Nolan and Jeremy Nelson discuss essential financial planning strategies as they prepare for 2025. They cover the implications of interest rate changes, market volatility, and the importance of understanding social security and Medicare updates. The conversation also emphasizes year-end tax planning and addresses real-life financial scenarios through a Q&A segment, providing listeners with actionable insights for their retirement planning.

Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

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In this conversation, Jeremy Nelson and Gary Nolan explore the feasibility of retiring in three years or less, emphasizing the importance of planning and discipline. They discuss critical factors such as health insurance, cash flow management, maximizing retirement accounts, social security strategies, and the implications of high-interest debt. The conversation also delves into mortgage considerations and the types of interest, providing listeners with a comprehensive understanding of the financial landscape surrounding early retirement. In this conversation, Jeremy Nelson discusses the growing trend of retirees transitioning to part-time or freelance work. He highlights the financial benefits, such as increased cash flow and the ability to delay Social Security benefits, while also addressing the impact on taxes, Medicare premiums, and overall retirement planning. The discussion includes popular part-time job options for retirees and emphasizes the importance of balancing flexibility with the need for supplemental income. Jeremy encourages listeners to consider their retirement plans and offers insights into optimizing their financial strategies.

Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

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In this episode, Jeremy Nelson discusses the financial strategies of millionaires, emphasizing the importance of long-term planning, avoiding rash decisions, and being aware of risks. He also explores the implications of recent political changes on financial markets, encouraging listeners to maintain a disciplined approach to their investments regardless of political shifts. In this episode, Jeremy Nelson discusses the critical aspects of retirement planning, focusing on healthcare costs, long-term care, and financial strategies. He emphasizes the importance of building a healthcare emergency fund, planning for long-term care, and prioritizing preventive health measures. The conversation also covers tax strategies for retirement accounts, the benefits of 1031 exchanges, and refinancing mortgages. Additionally, Jeremy highlights the significance of permanent life insurance for families with special needs children, providing a comprehensive overview of essential retirement planning topics.

Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

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This conversation delves into significant changes in retirement planning set for 2025, including higher contribution limits for 401k plans, automatic enrollment expansions, and updates to required minimum distributions (RMDs). Jeremy Nelson explains the implications of these changes, including the introduction of Roth matching contributions and Qualified Longevity Annuity Contracts (QLACs). The discussion also honors veterans by drawing parallels between military branches and retirement planning strategies, emphasizing the importance of diversified investment portfolios, emergency funds, and risk management. The conversation concludes with insights on the emotional and psychological aspects of transitioning into retirement. In this conversation, Gary Nolan and Jeremy Nelson explore the various phases of retirement, discussing the emotional and practical transitions individuals face as they move from the excitement of retirement to finding new purpose and engagement. They delve into the importance of planning for the later stages of life, including the need for dignity and comfort in old age. The discussion also covers financial considerations, such as comparing 401k and IRA fees, and evaluating the role of annuities in a retirement plan.

Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.