Graham McKay, a non-profit executive director and former professor, always had his sight set on the future. Determined to balance living comfortably now with securing a financially stable retirement, he acquired a TIAA account in his twenties. With the help of TIAA, Graham was able to refocus his retirement fund into a IRA after leaving his university job. Having the foresight to invest in his retirement early on has set him up for a stress-free life down the line. Learn more. https://lnkd.in/eUuAn8yr Photos and quotes from our Ad Campaign in the New York Times. Graham McKay was not compensated for his endorsement of TIAA services but was compensated for his personal story. There is no material conflict of interest between him and TIAA. Your experiences may be different, and there is no guarantee of future performance or success.
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Kathmere Capital Management has once again been recognized on a list of Top DC Advisors by the National Association of Plan Advisors (NAPA). It’s an honor to be recognized among this group of elite advisory teams across the country. This recognition would not be possible without our hardworking team and the clients we are privileged to serve. NAPA Top DC Advisor Teams criteria: Established in 2017, nominees had to be individual advisor team/offices with a defined contribution book of business in a single physical location. To be considered, firms had to submit responses to an application form, including information about their practices, notably their defined contribution (DC) assets under advisement (100MM minimum). The list is created and conducted by the National Association of Plan Advisors, an affiliate organization of the American Retirement Association, a non-profit association. No fee is charged. NAPA Top DC Advisor Teams were announced 3/17/24 for the period covering 1/1/23 – 12/31/23.
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Are you looking to give back in a way that also benefits your financial future? 🌟 Qualified charitable distributions (QCDs) are just that! Dylan Stewart and I navigate the nuances of this strategy, including the annual limit and how it can maximize your RMDs in this clip from this installment of The Retirement Engineer ⬇️ #TheRetirementEngineer #BiggerBolderRetirement #WealthManagement #QualifiedCharitableDistributions #FinancialPlanning
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Secure your retirement future with a financial planner to avoid worry and the last-minute scramble.
Great insights from a newly retired couple on what they got right and what they’d do differently. This part really jumped out to me about the value a good financial advisor can play in preparing for a relaxing and enjoyable retirement: “One misstep: We waited too long to hire a financial planner, less than a year before I retired. We should have done so 10 years earlier, or 30. Our planner has mapped out reassuring scenarios for the rest of our lives. But with professional help earlier, we could have fine-tuned our savings, investments, charitable giving and tax strategies, allowing us to worry less about money leading up to retirement and avoiding what felt like a last-minute scramble.”
What We Got Right in Preparing for Retirement
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There is a lot of value in working with the right financial advisor.
Great insights from a newly retired couple on what they got right and what they’d do differently. This part really jumped out to me about the value a good financial advisor can play in preparing for a relaxing and enjoyable retirement: “One misstep: We waited too long to hire a financial planner, less than a year before I retired. We should have done so 10 years earlier, or 30. Our planner has mapped out reassuring scenarios for the rest of our lives. But with professional help earlier, we could have fine-tuned our savings, investments, charitable giving and tax strategies, allowing us to worry less about money leading up to retirement and avoiding what felt like a last-minute scramble.”
What We Got Right in Preparing for Retirement
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Embark on your journey to financial prosperity with Trinity Wealth Advisors in St. Louis. Discover how aligning your wealth with your values can lead to a more meaningful and secure future. Explore our comprehensive guide to intentional wealth management, from charitable giving to retirement planning, and prepare for a future that reflects your aspirations. Let's build a legacy that lasts. https://bit.ly/4diqKFG #TrinityWealthAdvisors #WealthManagement #StLouis
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Accounting | Auditing | Advisory | Consulting | Education | Higher Ed | Not-for-Profit | FQHC | Health Care | Life Science | Public Sector | Federal Grants Contracts | Uniform Guidance | DEIBJ | Racial Equity | I&D | ESG
Had the pleasure of presenting a webcast on "Retirement Plan Risk in the NFP Sector" this morning with Bertha Minnihan and Erik Daley, CFA. If you missed it, don't worry - we've got you covered! Check out the recording here to enhance your understanding and approach to retirement plan management for not-for-profit organizations. https://lnkd.in/gVP7P78S #mossadams #board #retirementplan #nonprofit #management #risk #notforprofit #nfp #benefitplan
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Fund retirement accounts. Give to charity. Harvest losses. Get energy efficient. Here are some strategies to shrink your taxes for 2023–and beyond: https://trib.al/gYxF95H
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Co-Founder of ClearPath Wealth Advisors🔹Financial Clarity ☑𝐓𝐀𝐗 Minimization Strategies ☑𝑰𝑵𝑪𝑶𝑴𝑬 Planning ☑𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧 Strategies
Part of charting out clients' 𝗰𝗹𝗲𝗮𝗿 𝗽𝗮𝘁𝗵𝘀 𝘁𝗼 𝗿𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 usually takes some education and a shift in thinking. 🧭 As you work and accumulate assets, it can be easy to just be content with the figures you see on your statements... But we want you to think of your money as 𝘀𝗼 𝗺𝘂𝗰𝗵 𝗠𝗢𝗥𝗘. We want your money to have 𝗽𝘂𝗿𝗽𝗼𝘀𝗲. 💵 Whether it's funds are earmarked for charity, an inheritance you plan on leaving future generations, or fun money you have set aside for leisure, 𝗲𝘃𝗲𝗿𝘆 𝗱𝗼𝗹𝗹𝗮𝗿 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝘀𝗵𝗼𝘂𝗹𝗱 𝗵𝗮𝘃𝗲 𝗺𝗲𝗮𝗻𝗶𝗻𝗴 and a function! To learn more about instilling this discipline with your own portfolio, see my 𝗹𝗶𝗻𝗸 𝗶𝗻 𝗯𝗶𝗼! While there, be sure to continue this episode of 𝘾𝙡𝙚𝙖𝙧𝙋𝙖𝙩𝙝 𝙩𝙤 𝙍𝙚𝙩𝙞𝙧𝙚𝙢𝙚𝙣𝙩, "Preparing Your Perfect Retirement Plan"! 👀 #financialplanning #retirementincome #television
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How to factor an inheritance into your retirement planning is a looming question for a growing number of people, given that an estimated US$84.4 trillion in savings, stocks and property will pass from baby boomers to their heirs and favoured charities by 2025 in the greatest transfer of generational wealth in history. https://lnkd.in/giYC6Muz
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Retirement sounds so good on the surface. We've worked hard for many years. We've paid our dues. Now it's time to spend more time with family. Learn a new skill like woodworking. Donate time to worthy non-profits. Who can blame us working stiffs for wanting to sleep in and have time to exercise, bake bread, and read the news? It absolutely makes sense to stop working and enjoy life. Right? The problem is, I am 99.999% (yes, five nines) sure that I will never retire. I've spent my whole life learning how to start and run businesses. I continue to hone my craft. My appetite for personal growth is strong. I still have a lot to give. My grandfather worked until he couldn't anymore. My dad, who is in his early 80's, is doing the same. Warren Buffett has done more in the last 30 years of his career than in the first 30. Fortunately, in business, you don't need physical skills like you do if you are an athlete or a fire fighter. My mind is my medium, at least for the most part. I don't mind making money, either. The more I have, the more I can give away or invest in worthy entrepreneurs and businesses. My dad has lived a much better life financially that he would have if he had retired 20 years ago. The only hitch in business, and especially tech, is that age bias is a real thing. Sometimes older workers deserve the bias. If they stop learning and growing, then there isn't much that can be done for them. Or if they lose the drive or energy to produce, to compete, and to win. @chipconleysf knows a lot more than I do about this. He's worth following for his work on contributing long into life. I think it's easier to be an entrepreneur working deep into a career, especially if you have your own capital. That has made my journey easier. When I put my balance sheet to work, other investors feel a lot better following me. Once I make the commitment, a new source of energy springs forth. I feel the same energy as I did when I started my first company at 25. I can put in a 12 hour day without noticing. The one thing we all need is energy. The more energy we feel, the better. I am an entrepreneur, and I get energy from starting and growing businesses. It would make no sense at all to cut off that source of energy. What about the stress? There is plenty of that. Why wouldn't I want to retire and get rid of the stress? Because the stress is an output of doing something of consequence. I see it as a cycle. Put more in and get more out. Maybe I'll have heart attack someday and people will say "he should have retired and enjoyed his time relaxing." I think the opposite will happen. I will live a long time and it will be because I kept doing what I love. By my estimate, I have at least 40 more years of work ahead.
