Retirement Planning Revisited: Understanding Social Security, 401(k) Accounts, and RMDs with Steve Kent
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I am revisiting one of the first episodes because everyone needs to hear this again. What are you doing to prepare for retirement? Enjoy this incredibly informative interview with Steve Kent.
In this episode of "Nickels and Dimes Finding Financial Freedom," host Natalie Kime and guest Steve Kent discuss the complexities of retirement planning, focusing on 401(k) management, social security, and required minimum distributions. They highlight the importance of financial education, the need for professional advice, and the exploration of alternative retirement options beyond traditional 401(k) plans and social security. The conversation covers the potential impact of demographic shifts on social security, the intricacies of 401(k) regulations, and the significance of understanding RMDs. The episode concludes with an offer of a complimentary financial analysis for listeners, emphasizing the hosts' dedication to empowering individuals with the knowledge to achieve financial freedom.
- Introduction of Steve Kent and his background in education and financial services
- Steve's personal financial challenges and experiences
- Lack of financial education in schools and the importance of understanding personal finance
- Challenges individuals face when managing their 401(k) plans
- Importance of educating individuals about 401(k) plans and the need for comprehensive financial literacy
- Understanding and managing 401(k) accounts and retirement planning
- Exploring alternative retirement options beyond 401(k) plans
- Challenges and considerations surrounding retirement planning, including social security, 401(k) accounts, and required minimum distributions (RMDs)
- Importance of seeking professional guidance and understanding the implications of existing financial products
- Invitation to listeners for a complimentary financial analysis and guidance.
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32 episódios