Safe Money and Retirement

In this week's episode host Jon Heischman how to cut your tax bill from the "Jobs Act" which doubled the standard dedcution beginning in 2018. This caused a dramatic decrease in the number of people filing itemized deductions and the unintended consequence of a reduction in chartiable gving, But if you an IRA owner 70.5 or older, you can give without itemizing and still get the tax break through a...

Host Jon Heischman presents a straight forward episode talking about "Savings and Withdrawl Strategies" for your retirement whether that being your current situation, in the near or distant future. You can call Jon at (614) 861-7055 after the podcast to ask questions and give topic ideas for future episodes. Visit www.heischmanfs.com/

In this episode Jon Heischman addresses "The Retirement Future For Women". Currently, 16% of households have women as the primary income provider and 33% of households both partners have the same income. Visit www.heischmanfs.com/

In this episode Jon Heischman discusses the Secure Act 2.0 as it particularly relates to required minimum distributions (RMDs) currently set at age 73 and set to increase to age 75 by 2033.

Baby Boomers control the greatest amount of wealth with most having some sort of qulaified account like an IRA, 401k, SEP or even TSP. In this episode Jon Heischman discusses issues relating to leaving and inheriting those qulaified accounts.

While there many risks facing retirees; Market, Inflation, Tax, Excessive Withdrawl, Healthcare, the current number one is Longevity. Longevity risk means outliving your money. Jon discusses strategies to ensure you will not outlive your retirement income in this episode.

In recent years Jon has noticed his primary clientele contact has shifted to women, with about 60% of his business now coming from them. Based on this, Jon discusses this trend and the approaches to take in financial planning and advising in this episode.

In this week's episode Jon Heischman talks about his "The Color of Money" model for allocating your assets to minimize risk for the conservative investor.

Jon Heischman has spoken about Rollovers several times over the years on the Safe Money & Retirement Show, but it is worth addressing again since it has become one of his most frequently asked questions recently. Whether it be an employer 401k, TSP or 403b plan you should consider using a financial advisor to rollover into an IRA to meet your needs.

Outdated investment strategies can not only be ineffective, but also detrimental to your portfoloio. So, it is necessary to invest for today's enviroment by ultilizing the three principles of 1. Liquidity 2. Safety and 3. Return (on investment). Jon Heischman talks about this and tax planning in this week's episode.

This being Annunity Awarness Month, Jon Heischman dedicates this epsiode to dicussing annunities, including the two main reasons annunities have gotten "a bad wrap". Those reasons being: 1. Many advisors don't understand how annunities work 2. The advisor cannot write an annunity, so advises against them If you are one of the 80% that have some type of annuity in your retirement plan, you should l...

Knowing when the right time to claim Social Security benefits in very important when planning your overall retirement strategy. In this week's epsiode Jon Heischman cvers how important it is to monitor and get the most from those benefits that you are eligible for. Jon also touches on issue of life insurnace as it relates to retirement income.

One of the most important concerns for retirees is outliving their retirement accounts. In this epiosde Jon Heishman discusses how to mitigate this concern by balancing your portofolio with some in the market to maximize growth and some in "safe" accounts to generate income. Visit heischmanfs.com for more information.

Many people take advantage of the "best game in town" by participating in their employer's 401K, 403B or TSP Plan. These are great while you are working since: 1. contribution come out non-taxed automatically from your paycheck and 2. many companies have mathcing funds or some type. However, after retirement those advantages disappear yet many keep their plan through their employer's company rathe...

In this week's episode Jon addresses how to involve your heirs and family in your financial and estate planning. At least one person in your family; or other relation, should know you plan ir intention.

As retirement time approaches, you may need to rebalance your investment accounts. Jon addresses this along with other timing risks in this week's episode.

When is the time to start planning for your retirement? Yesterday. In this week's episode, Jon Heischman covers how and when you should start your financial plan.

In this installment of the Safe Money & Retirement Show, host Jon Heischman gives some important reminders regading the Secure Act of 2019 as it relates to your IRA and other qulaified accounts.

In this episode, Jon Heischman defines "risk tolerance" and why it is so important to know your's when making and executing your finncial, investements and retirement plans.

In this week's episode, Jon gives a deatiled explanation and recommendation to visually organize your investments, savings and assets using a color coding system.

In this episode, Jon Heischman explores when you should claim your Social Securiy benefits to maximize the amount given.

In this episode Jon addresses how many upcoming retirees of the Boomer Generation mat have several qaukifying plans, what this means and recommendations on how to naviagte the "Qualified Plan Potpourri".

Jon talks about common retirement concerns people have as they are approaching their retirement years.

Jon talks about strategies on protecting savings and income in this week's episode.

Not sure what "sequence risk" means to your retirement plan? Join Jon in this episode as he explains.