The Key Points: 

On today’s show, we will be discussing end-of-the-year planning with one of our Financial Advisors, Dan Oaklief, RICP®, CPFA. Our last episode touched on the current and future markets, and today we want to look at what you should consider as a retiree at the end of the year.

One large factor to consider is the Required Minimum Distributions. If you do not utilize your RMDs, you’ll be penalized 50% of what you should have taken out (in the following year). This is just one thing to consider of the many key points we will be touching on.

Join us today as we break down these topics on today’s show:

  • What you should know about RMD planning. (0:42)
  • Here Dan shares a few strategies on RMDs. (4:00)
  • Here you can learn about IRAs and contributions for ways you can save. (9:01)

If you have any questions, please reach out to us at https://www.baschrock-fg.com/ or give us a call at 330-473-1060

Key Quote: 

Thanks for listening to another episode of Unlocking Your Financial Future. We’ll talk to you again next week!

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