Retirees who want to reduce their taxes in retirement can benefit from strategic conversions and transfers between traditional and Roth IRAs. As Dustin with Mundorf Wealth Management explains to Erin Kennedy identifying those key windows for Roth conversions can lead to significant tax advantages and a bigger nest egg! The top 5 times to consider a conversion are:
Some of the most common beliefs about money, retirement, and investing are myths and believing in them can really hurt your financial future. In this video, Dustin with @MundorfWealthManagement and @erinkennedytv break down the biggest financial myths, including:
The “retirement red zone” is the 3-7 years before retirement—a critical time when your decisions about investments, income, and risk can have a lasting impact on your retirement security. In this video, Dustin with Mundorf Wealth Management and Erin Kennedy zero in on the 5 money moves you should make before you retire:
Everyone's favorite retirement account, the 401(k), is a great way to save, but it is just a tool, not a strategy. As Dustin with Mundorf Wealth Management explains to Erin Kennedy without proper planning, you could face unexpected taxes, income gaps, and market risk.
Before you retire, there are very specific questions you should ask your advisor. In this video Dustin with Mundorf Wealth Management and Erin Kennedy talk through those questions, which, when answered, can give you a much clearer picture as to whether you are really ready to retire. Those questions are:
Recently, stocks closed out their worst quarter since 2022. The S&P 500 and the Nasdaq logged their worst performance since Russia’s invasion of Ukraine. While these headlines can be upsetting, as Dustin with Mundorf Wealth Management explains to Erin Kennedy , the market downturn can also provide some very specific opportunities for smart investors, including: