Planning for a successful retirement involves more than just saving a significant amount of money; it also requires strategic allocation of assets to minimize tax liabilities and maximize returns. In this video, Chris Heerlein, CEO of REAP Financial and host of Retire Ready TV, shares insights on how successful retirees and investors position their wealth to reduce taxes and optimize their investment returns.
Retirement Planning & Strategies
Dive deep into the world of retirement, from understanding the critical numbers to developing strategies for all phases, ensuring you don’t run out of money and make the most of your golden years.
Join Chris, CEO of Reap Financial, as he uncovers the critical importance of maintaining accurate paperwork for your IRAs and 401(k)s. In this eye-opening episode, Chris shares two compelling case studies highlighting the significant pitfalls that can arise from neglected retirement account paperwork.
At REAP Financial, we see many clients with questions like this: can I retire successfully with a certain amount saved? There is a lot of confusion about which numbers indicate that you can retire successfully. From the total amount saved, the withdrawal rate, inflation rate, and more, there are lots of factors to consider. However, the real driver of whether you can retire successfully is none of these things! It’s one you likely don’t even suspect.
When you’re thinking about your retirement, there are a few accounts that likely come to mind, among them the 401k, 403b, the Roth IRA, and more! However, there’s one type of retirement account that is very beneficial and often overlooked: the Health Savings Account (or HSA). Read more.
In this video, Chris Heerlein of Reap Financial discusses key reasons why retirement plans can fail. He highlights several pitfalls: 1 – Buying a Second Home. 2 – Taking on Debt. 3 – Starting a New Business: New ventures are risky and often require substantial capital and time to become profitable. Caution is advised. 4 – Over-helping Friends and Family. 5 – Lack of a Spending Plan.
After decades of work and diligently saving for retirement, you may be thinking that 2024 is the year to finally retire! However, before you officially retire, make sure you take the time to assess your situation and your retirement plan. Taking the time to do this, ensures that you’re in the best possible position when you retire to total retirement success. How do you assess your retirement readiness? REAP Financial is here to help you identify some key things you should be considering!
When you’re planning your retirement, you want to make sure you’re in the best possible position! Part of being in the best position is ensuring you know about 4 hidden tax traps you might not know about, which can take your retirement off track.
As with every new year, 2024 promises to bring many changes, financially and otherwise. This time, you can expect some changes to your retirement accounts that you should be aware
Retirement marks a significant milestone in our lives, a phase that brings both exciting opportunities and unique challenges. At REAP Financial, we understand that planning for retirement involves more
In this episode of Wealth Radio, Chris Heerlein discusses the importance of being “poor on paper” in retirement planning. He emphasizes the significance of strategically managing your income and taxes