Retirement Answers Today

Do I really need a budget in retirement? Tips to make budgeting super simple!

In this episode, financial advisor Jim Martin covers a simple process anyone in their 40s, 50s or 60s can follow to take control of their finances, supercharge their savings, and gain a sense of financial freedom.

 

http://retiresmartscore.com <- Get your retirement score!

http://retirewithmartin.com/ <- Learn about working with Jim

www.planwellretirehappy.com

 

Opinions expressed herein are solely those of Martin Wealth Solutions, unless otherwise specifically cited. Material presented is believed to be from reliable sources, but no representations are made by our firm as to another parties’ informational accuracy or completeness. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that any statements, opinions or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.

What do I do with my old 401k?

In this episode, financial advisor Jim Martin discusses the various options available when dealing with an old 401k. He advises listeners who are unsure about what to do with their old 401k and want to make the right decision without making mistakes. Jim emphasizes the importance of understanding your goals and beginning with the end in mind when it comes to financial planning. He highlights the need to take into account your current financial situation, future goals, and the tax implications of different options.

 

http://retirewithmartin.com/ <- Learn about working with Jim

www.planwellretirehappy.com

Taking Control of Your Financial Life: Strategies for Six Figure Earners

Are you a high income earner? In this episode of the  Podcast, financial advisor Jim Martin shares valuable advice on how to take control of your financial life, even if you have a large income. Jim emphasizes the importance of understanding your financial situation, creating a budget, and tracking expenses. He also offers tips on building an emergency fund, paying off debt, setting financial goals, and starting to invest. Jim encourages listeners to make mindful financial decisions and seek professional guidance when needed. Whether you make $50,000 or $500,000 a year, this episode provides practical tips to improve your financial health. Don't wait, start taking action today! Tune in now to learn more.

 

http://retirewithmartin.com/ <- Learn about working with Jim

www.planwellretirehappy.com

Gen X Prosperity Blueprint: Planning for your retirement in your 50s

In this episode host  Jim Martin, a financial advisor and founder of Martin Wealth Solutions, explores the financial challenges faced by Generation X (Gen X) and offers strategies for achieving financial stability and freedom. Jim reflects on an article that highlighted the wealth gap and lack of financial support for Gen X, leading him to create this episode to share ideas and tips for financial success. He emphasizes the importance of taking an appraisal of one's net worth and understanding retirement goals. Jim encourages listeners to assess their assets and debts to determine their net worth. By subtracting debts from assets, individuals can identify their current financial standing. To plan for retirement, Jim suggests setting a financial freedom number that reflects one's desired lifestyle. He advises determining the monthly income needed during retirement and assessing how much needs to be saved to reach that financial goal. Jim also touches on the potential impact of social security on retirement plans. The episode delves into practical steps to improve financial health, such as cutting expenses, avoiding overconcentration in investments, and saving for retirement through vehicles like 401(k)s and IRAs. Jim emphasizes the importance of creating a debt snowball by paying off smaller debts first to gain motivation and momentum. He also encourages listeners to educate themselves about personal finance and seek professional advice. Overall, "Gen X Catch Up" aims to equip listeners with the knowledge and tools needed to navigate the financial challenges faced by Gen X and achieve long-term financial security and independence.

 

http://retirewithmartin.com/ <- Learn about working with Jim

https://www.fidelity.com/calculators-tools/fidelity-retirement-score-tool

<- Fidelity Retirement Score

www.planwellretirehappy.com

5 Steps to retire early!

On this episode of our retirement podcast, Financial Advisor Jim Martin,  discusses 5 steps you can take to retire earlier than you thought possible.

Visit our website at:  www.retirementanswerstoday.com

Or: www.planwellretirehappy.com

Building a stress free retirement plan

On this weeks retirement podcast, Financial Advisor Jim Martin, talks about common concerns and stresses retirees have and how to avoid them.

Or: www.planwellretirehappy.com

Smart ways to create more income in retirement

On this weeks retirement podcast, Financial Advisor Jim Martin, discusses cash flow and how to create more income in retirement.

Visit our website at:  www.retirementanswerstoday.com

Or: www.planwellretirehappy.com

Ways to reduce the risk of running out of money in retirement.

On this weeks retirement podcast, Financial Advisor Jim Martin,  discusses how people approaching retirement can build an income plan and help reduce the risk of running out of money in retirement.

Visit our website at:  www.retirementanswerstoday.com

Or: www.planwellretirehappy.com

Where should you stash your retirement cash?

On this weeks retirement podcast, Financial Advisor Jim Martin, ways and places you can stash your retirement cash and savings.

Visit our website at:  www.retirementanswerstoday.com

Or: www.planwellretirehappy.com

5 New Savings and Tax Rules you need to know!

On this weeks retirement podcast, Financial Advisor Jim Martin, discusses 5 new savings and tax rules you need to know.

Visit our website at:  www.retirementanswerstoday.com

Or: www.planwellretirehappy.com