Retirement Talk with Kevin Bock

Brace yourself for a delayed reaction in the economy. That’s the prediction on interest rates by many financial experts. If they're right, should retirement savers stick to their long-term goals during this time or make adjustments to their portfolio? Remember, the market is NOT an incom eplan - isn’t that where annuities can come into play?       See omnystudio.com/listener for privacy informatio...

Reliable monthly income is a big concern for retirees.  Yahoo Finance looked at the pros and cons of annuities in that role.  Two of the objections they site are:  1) Every annuity comes with high fees 2) No access to principle in an emergency.  No annuity is created equal, and there many different types - Kevin explains the pros/cons and how an annuity could be a fit for you!  Schedule your Compl...

If you have a traditional IRA or 401(k), you could run into a tax problem.  That’s why you hear people converting those funds to an after-tax Roth IRA a little bit at a time before retirement.  How easy or difficult is it to do this?  At what age should someone consider making the conversion? Then, it’s one of the most common retirement questions:  Is it smart to guarantee some retirement income b...

So, let’s say you’re saving up for retirement and everything looks to be on track.  Is there anything else you should do beyond crunching numbers?  Vanguard’s Maria Bruno tells the Morningstar financial website that she always encourages people to envision what they want their retirement to be. Kevin explains how he has this conversation with clients helping them find better clarity of their retir...

Americans are living longer and there’s always the fear of running out of money in retirement.  But one way to safeguard against that is an annuity, which offers a guaranteed income stream for life.  So how do annuities “befriend” the so-called enemies of retirement?    See omnystudio.com/listener for privacy information.

What crazy thing would Americans do to have a tax-free future?  A new survey (by WalletHub) asked that question and found one in ten would clean prison toilets for three years in exchange for never paying taxes again!  Well, we all know taxes (and the IRS) aren’t going away.  It’s just a matter of controlling how much we give to Uncle Sam.  Isn’t that where you and tax planning come in? Then, a ne...

It’s happening everywhere:  They take out 4-way traffic stops and put in roundabouts.  One man in PA said they cause tornadoes! WHAT?! Talk about misinformation!  Having the wrong information when it comes to planning for retirement can be a HUGE deal breaker. Education is KEY. Hear how Kevin educates his clients and you when helping you create your retirement you have always dreamed of!   Call Ke...

You will likely enter retirement having saved in a number of different places.  An article in Smart Asset says if you want to be smart with taxes you should pull the money out in this order :  Tax-deferred accounts (IRAs and 401ks), then taxable accounts, then Roth accounts.  Hear if Kevin agrees with this strategy and how he advises his clients during the withdrawal phase of retirement. Then, aft...

Hear Kevin explain why he works so hard  why he is so passionate about helping YOU prepare for retirement!  The government estimates someone turning 65 today faces a 70% chance of needing some type of long-term care services in their remaining years.  Buying long-term care insurance late in life is expensive.  Is there another option to consider for those who haven’t done their planning?  Call Kev...

The cost of Long-Term Care can be $10,000 a month or more.  No wonder so many say it’s one of the huge “gotcha” expenses in retirement.  And now, a dozen states are considering implementing a mandatory tax on people who don’t carry long-term care insurance.  Is buying this the best answer to covering those costs? Did you watch the Super Bowl from your couch?  So did quarterbacks Tom Brady and Aaro...

You've worked so hard to have the ultimate retirement, do you think you will leave a legacy to your kids/ grandchildren? Entertainer Marie Osmond is a proud mother – and grandmother – at age 63.  But she tells US Weekly that there’s one thing she’s made clear to her adult kids – they won’t be getting an inheritance! Osmond plans to give away most of her fortune to help others.  Do you have any cli...

An article in The Street warns that a lot of people are surprised at how big their tax bill is after they retire.  Why does this happen? And are there any steps we can take to lower that bill? Kevin talks about what the first meeting is like and how he can help save you from paying Uncle Sam too much money!  Call Kevin today for a Complimentary Tax Analysis!   See omnystudio.com/listener for priva...

When you move your 401K or IRA, do you pay taxes?  Preparing for retirement can be overwhelming and confusing. The good news is, Kevin has over three decades of experience and is here to help YOU! In todays episode, hear Kevin talk about helping people restore their financial confidence using his 6 pillars for a successful retirement and more!  Call Kevin today for a customized income plan!  See o...

Sometimes a rocky economy is like a football game.  Market volatility, high inflation and the threat of recession can tackle even a good retirement plan and throw it for a huge loss.  So, is there a tool that can withstand these threats? Hear how Kevin can you help navigate the numerous choices of guaranteed income for life! For a change, the IRS has good news for retirees.  For the first time in...

The guy who invented the concept of the “4% percent” rule (see definition below) thinks it’s too early to cut the withdrawal rate to 3% because of today’s volatile markets.  Bill Bengen feels it would take a “catastrophic” set of circumstances before people reduce their withdrawal rate.  Hear Kevin's message about how much to take from retirement accounts during this economy and what do you base i...

Should your retirement plan feature a guaranteed stream of income, like that paycheck you get every two weeks?  Annuity advocate Sheryl Moore of WinkIntel.com tells us that an annuity just might help. Hear Kevin share concerns from clients and if he recommends annuities. What’s your relationship with your money?  Are you conservative?  Do you spend too much?  Nobel-winning psychologist Daniel Kahn...

Best-selling financial author Larry McDonald tells Fox Business that he believes the Fed will soon back down on these hikes, and that will give way to a market rebound.  If someone is on the edge of retiring, how do you position them… especially when that rally could be a short bull market bounce in the middle of a long bear market? What are you most concerned about in retirement?  A new survey (b...

In the next few weeks, a lot of retirees aged 72 and up will get reminders to take their required minimum withdrawals – or RMDs – by the end of the year so Uncle Sam gets his tax money.  But an article in the Wall Street Journal suggests taking monthly or quarterly RMDs rather than waiting until year’s end.  Is that a good tax strategy?   See omnystudio.com/listener for privacy information.

We’ve talked a lot about how the bond market is also having a horrible year.  That’s why many investors are seeking ideal bond replacements.  Sheryl Moore of WinkIntel.com believes you might consider an annuity…hear Kevin's opinion and his planning process to help you get to and through retirement.  Then, the newest iPhone has a pretty cool feature called “crash detection.”  Just like it sounds, t...

The Motley Fool financial website says 70% of us will need some amount of Long-Term Care in our lifetime, but only 50% of us feel confident we’ll be able to pay for it. Hear Kevin's 6 Pillars for a successful retirement and how he accounts for the high cost of future healthcare costs. Then, have you thought about your estate plan? Kevin tells story of Whitney Houston's estate and what happened whe...

Inflation is hurting a lot of Americans, yet the stock market keeps bouncing along.  Economist Mark Tepper tells Fox Business, you must dig deeper than the green arrows.  If we are headed for a recession, how much exposure to the stock market should a person near retirement have? Kevin talks about the real #1 reason people run out of money and how he can help you protect and grow your income.  See...

Wall Street analysts and stockbrokers are famous for their advice when the market is down; “hang in there, it’ll come back.”  But that’s not very comforting if you’re in retirement pulling money from an account that’s losing money.  So, what is your counter to “hang in there, it’ll come back?”  Kevin can show you how you can both be invested in the market, grow your income and NOT lose money!  See...

Kevin explains the planning process he has been using to help many people just like you retire with confidence - the 6 Pillars of a Successful Retirement!  Kevin explains more in his Forbe's Article, " What is Missing from Most Retirement Advice"  Call Kevin today for a Comprehensive Financial Plan where you will walk through each pillar with Kevin helping design an income plan that will fight inf...

In 2006, the financial industry invented the Target Date Fund.  There are over three trillion dollars in these funds, and you probably have one in your 401(k).  But the article in front of me says these funds have a “fatal flaw.”  As they go to less risk in later years, the more they go to bonds.  Bonds have been a loser over the last 10 years due to interest rates.  The article suggests that inst...

Kevin takes a deep dive in what he includes in his Comprehensive Financial Plan and how his 6 pillars of a successful retirement are customized to YOU and your income plan.  Then, former Vice President Mike Pence joins the show and shared his philosophy on life after leaving the workforce, listen to see if you agree!  Call Kevin today for a Comprehensive Financial Plan!    See omnystudio.com/liste...