#PreRetirees

In this episode, “When Is the Best Time to Start Social Security,” we explore the optimal timing for claiming Social Security benefits, especially for late-career professionals nearing retirement age in Oregon. We’ll highlight how delaying your Social Security, when financial feasible, can potentially boost your monthly benefit and provide key strategies for maximizing your total retirement income. As a working professional approaching retirement, you’ll discover valuable insights into the financial implications of postponing your benefits, including how it can align with your existing retirement savings, 401(k) contributions, and overall wealth-building plan. We’ll discuss how healthcare costs, inflation, and longevity should influence your decision, while considering how a thoughtful approach to Social Security can support your long-term financial goals. Whether you’re seeking personalized guidance from a financial advisor or looking for general retirement planning advice, this discussion is designed to help you make well-informed decisions about when to begin collecting benefits. Tune in to learn a little about various claiming scenarios, explore real-life examples, and gain strategies that empower you to optimize your Social Security payouts. If you’re a pre-retiree in the United States, this episode offers actionable takeaways to help you prepare for the financial future you envision. Unlock the knowledge you need for retirement success.

#RetirementPlanning #SocialSecurity #FinancialGuidance #RetirementIncome #LateCareerPros

Thanks for tuning in to this episode of The Perfect Retirement Plan, and remember: it's not about having the smartest financial advisor, the most money saved, or the highest probability of retirement success. The perfect retirement plan, for you – is the one you act on.

Phillip Smith, CRPC AIF | Financial Planner
Tidepool Wealth Strategies
450 Country Club Road, Suite 350 | Eugene, OR | 97401

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Additional Disclosures:
The opinions contained in this material are those of the author, and not a recommendation or solicitation to buy or sell investment products. This information is from sources believed to be reliable, but Cetera Advisor Networks LLC cannot guarantee or represent that it is accurate or complete.
All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.

“Why Retirement Planning is Never Set It and Forget It” explores the dynamic nature of financial strategies, particularly for late-career professionals who are approaching that retirement milestone. In this episode, we delve into essential reasons for reevaluating your retirement planning goals, whether a result of changes in life, the economy, or your own aspirations, and we touch on factors that can derail a static plan, like market volatility, healthcare costs, longevity risk and more. As a pre-retiree, you need to remain proactive, consistently updating your financial plan to accommodate shifting healthcare expenses, inflationary pressures, and potential Social Security adjustments.

As the podcast series progresses, you'll discover how to align your retirement investment approach with your lifestyle goals, explore alternative income distribution methods, and learn when it might be prudent to consult a financial advisor for personalized guidance. Our ongoing conversation also covers the value of understanding pension options, exploring efficient budgeting practices, and planning for inevitable life transitions. If you’re looking for practical retirement guidance tailored to late-career professionals, this podcast series offers actionable insights to help you refine your financial roadmap. Whether you’re gearing up to retire in a few years or still contemplating your timeline, tune in to stay informed on the latest retirement planning developments and empower yourself to make well-informed decisions that support your future.


#RetirementPlanning #FinancialGuidance #DynamicPlanning #LateCareerPros #RetirementAdvice

Thanks for tuning in to this episode of The Perfect Retirement Plan, and remember: it's not about having the smartest financial advisor, the most money saved, or the highest probability of retirement success. The perfect retirement plan, for you – is the one you act on.

Phillip Smith, CRPC AIF | Financial Planner
Tidepool Wealth Strategies
450 Country Club Road, Suite 350 | Eugene, OR | 97401

____________________________________________________________________________________________
Additional Disclosures:
The opinions contained in this material are those of the author, and not a recommendation or solicitation to buy or sell investment products. This information is from sources believed to be reliable, but Cetera Advisor Networks LLC cannot guarantee or represent that it is accurate or complete.
All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.

Are you a late-career professional debating whether a Roth conversion is the right move for your retirement strategy? In this episode, “The Roth Conversion Debate: Is It Worth It?,” we explore the benefits and drawbacks of converting your Traditional IRA or 401(k) into a Roth IRA. Learn about potential long-term tax advantages, greater flexibility in retirement distributions, and strategies to minimize tax implications.

We also discuss key factors like your current tax bracket, expected future income, and Social Security timing, all of which can play a significant role in determining the success of a Roth conversion. Our conversation delves into often-overlooked considerations, such as how upfront conversion costs and potential impacts on Medicare premiums could affect your retirement timeline. Whether you’re a pre-retiree seeking professional financial advice, a working professional aiming to protect your nest egg, or simply exploring how a Roth IRA might fit into your broader wealth-building plan, this episode provides practical, data-driven insights. This show offers reliable guidance to help you decide if a Roth conversion aligns with your long-term retirement goals. Tune in and gain clarity on how to optimize your retirement savings for lasting security.

#RetirementPlanning #RothConversion #FinancialStrategies #RetirementGoals #LateCareerPros

Thanks for tuning in to this episode of The Perfect Retirement Plan, and remember: it's not about having the smartest financial advisor, the most money saved, or the highest probability of retirement success. The perfect retirement plan, for you – is the one you act on.

Phillip Smith, CRPC AIF | Financial Planner
Tidepool Wealth Strategies
450 Country Club Road, Suite 350 | Eugene, OR | 97401

____________________________________________________________________________________________
Additional Disclosures:
The opinions contained in this material are those of the author, and not a recommendation or solicitation to buy or sell investment products. This information is from sources believed to be reliable, but Cetera Advisor Networks LLC cannot guarantee or represent that it is accurate or complete.
All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.