Tag: Financial Help
Maximizing Your Social Security: Timing, Taxes, and Techniques (Ep.22)

Maximizing Your Social Security: Timing, Taxes, and Techniques (Ep.22)

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Understanding Social Security intricacies can significantly amplify your retirement benefits, ensuring you navigate these golden years with greater ease and security.

Alec Quaid joins us to unravel the complexities of Social Security – how it’s calculated, impacted by marital status, and what potential future changes could mean for retirees. We delve into why so many find this topic bewildering and provide clear, actionable insights to demystify Social Security benefits.

Discussion points include: 

  • How understanding the calculation of Social Security benefits can significantly impact your retirement comfort
  • Why marital status plays a crucial role in determining your Social Security benefits.
  • How future changes to Social Security could affect your retirement planning
  • Using the tool ssa.gov for a personalized overview of your projected Social Security benefits
  • And more

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: 

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Maximizing The Value of Your Inheritance & Ensuring Family Harmony (Ep.18)

Maximizing The Value of Your Inheritance & Ensuring Family Harmony (Ep.18)

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Transferring or inheriting wealth is not as simple as something like “Venmo”. It should require a strategic wealth transfer plan.

Let’s learn how to make one.

Ryan Poterack is exploring the intricate world of inheritance and legacy planning with Certified Financial Planner, Alec Quaid. The discussion skillfully navigates the emotionally charged landscape of receiving an unexpected windfall, including the murky waters of taxation, asset allocation, and the crucial role of proper estate planning. 

Through real-life scenarios and expert insights, this episode sheds light on the delicate balance of grief, finances, and family dynamics that come into play when managing an inheritance. 

Key discussion points include:

  • The emotional impact of inheriting money including unexpected windfalls and the psychological differences in handling inherited wealth
  • Various tax implications of inheriting and transferring wealth
  • Facilitating open communication in families regarding estate planning and discussing inheritances
  • The value of seeking advice from a qualified wealth manager during this time
  • And more

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: 

Meet the team at Poterack Capital Advisory

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