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:
According to Vanguard's "Advisor’s Alpha" study, a good financial advisor can add about 3% in net returns per year through behavioral coaching, asset allocation, rebalancing, and tax planning. In this video, Dustin with Mundorf Wealth Management and Erin Kennedy discuss, in detail, the reasons behind that performance gap.
Taxes don’t disappear in retirement. In fact, understanding tax implications becomes even more important when you're retired. In this video, Dustin with Mundorf Wealth Management and Erin Kennedy talk through the 4 tax questions you should ask your financial advisor before retiring, including:
Investing can seem complex and confusing, and you may wonder whether you're doing all you can to achieve your goals. In this video, Dustin with Mundorf Wealth Management and Erin Kennedy talk through 5 mistakes you might be making and how to turn things around. Here are those mistakes: