Equipping Points:
When you retire, you have to be strategic about what you do with your money. In today’s show, Eric answers three questions from the mailbag about how to make the best financial decision possible with your money once you’re retired.
From paying off college loans for your kids to prepping for required minimum distributions next year, you’ll want to consider the long-term impact of your choices. Before you take action on these decisions, make sure you do a retirement readiness review with Eric and his team.
Here’s some of what we discuss in this episode:
- Mailbag: What’s the maximum income I can have in retirement without paying taxes?
- Mailbag: Should I pay off my daughter’s college loan?
- Mailbag: Anything I should do now to prepare for my RMD withdrawals next year?
If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here.
Today’s Takeaway:
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