2021-03

Planning For Future Healthcare Costs

Healthcare costs continue to rise as time goes on and it can destroy a retirement plan if you do not factor in the potential costs. Steve and Sean discuss why healthcare costs are so misunderstood and how they proactively plan for these expenses.
 
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com

Tax Risk

Taxes are at historically low rates right now and with the national debt rising, it almost seems inevitable that taxes will have to go up in the future. However, there are certain measures you can take so that taxes won't eat away at your retirement. We discuss how to proactively plan for taxes on today's show and why this is an overlooked component of retirement planning.
 
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com

Longevity Risk

Living a long time isn’t supposed to be a bad thing and it almost seems counterintuitive to categorize it as a risk. But it is. Let’s take a look at how longevity plays a role in a financial plan and have an honest conversation about how deal with the “problem” of living too long.
 
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com

Withdrawal Rate Risk

Many people do not understand the threat that withdrawal rate risk can pose on their retirement. There is the old age 4 percent rule, where you take 4 percent out of your portfolio every year, but things in the financial landscape have drastically changed since that rule was created. We talk on today's show about how easily you can run out of money if you do not account for this risk and methods to possibly avoid this risk in your retirement.
 
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com