Ready, Set, Retire!

On the 4th of July, we celebrate Independence Day. What should people be focused on to achieve financial independence? As a Retirement Income Specialist, Steve explains how he can get you income for life and more!  Call Steve Today for a FREE consultation over the phone, a ZOOM meeting or in person!       See omnystudio.com/listener for privacy information.

There has been LOTS of changes to retirement planning in the last 6 months! Steve discusses and explains these changes and what it means for YOU and YOUR retirement!    In December, we told you about “The Secure Act.” It changed the RMD age from 70 ½ to 72 and eliminated the stretch IRA. In May, we told you about “The Cares Act." Which waved RMDs for this year and allowed you to take money from your 401(k) before 59 ½ with no penalty. What about the proposed Trump plan to allow you to tap into your Social Security early for emergency money? This week I introduce you to the proposed “Savers Act” that would allow you to triple the amount you contribute to you IRA or 401(k) for 2020. AND “Cares ACT 2” that would move the RMD age up again…this time to 75.  This has all happened in 6 MONTHS! How is anyone supposed to keep up with all this? Call Steve today and receive a COMPLIMENTARY Portfolio Review! Now is a great time to look at where and what you're invested in, and what it is or isn't doing to contribute to a

Now is a great time to take inventory of your finances. Some financial checklist items  are your beneficiaries updated on your life insurance, your will, your financial accounts, your IRAs?  Organize your statements - online or paper statements.  Do you have a trust and is it up to date?  Do you keep track of all your usernames and passwords for online accounts? Did you know you can password protect YOUR usernames and passwords? This is very important if your family members needed personal financial information.  Call Steve today to receive the "Guarding Your Legacy" its a great checklist for you that has details on passwords/usernames, where important paperwork is and more!  Plus, changes to The Secure Act that could impact YOU and YOUR retirement!    Call Steve and setup a phone call or virtual meeting today!   See omnystudio.com/listener for privacy information.

We all just want to go back to "normal," right? Seems what we are living today is our "new normal." So what can we do to better position ourselves for when the economy goes up and (hopefully) soon fully recovers? Steve explains why his tools and strategies can help you make sure you are in the right position today and tomorrow, no matter what the market is doing.  Steve is holding meetings via phone and ZOOM meetings. Call today, start the conversation. You can't help what comes in the future, but you CAN help what happens to you AND your MONEY in the future.  Contact Steve today! See omnystudio.com/listener for privacy information.

USA Today says Americans are more concerned about what the corona virus is doing to the economy, than about how it might affect their health. Clearly, we need to take the health warnings seriously, but do you really think we’ll bounce back from this historic financial damage? Contact Steve today for a phone consultation or a virtual meeting! See omnystudio.com/listener for privacy information.

Nearly three-fourths of the people surveyed by the website FinanceBuzz say they’re worried that the country is headed for a recession – and a fourth of them say they’re “not optimistic” about their personal financial future. It’s looking kinda grim - is it time to go into “financial hiding”?  Studies show that those who have guaranteed money coming in every month are happier in retirement. Do you have guaranteed income in your retirement plan?  Steve explains his bucket approach and how it can help you build a strong and steady retirement. Plus, the "A" word that can guarantee you income!  Reach out to Steve today to a phone conference or a virtual meeting! See omnystudio.com/listener for privacy information.

What's going on with your money? You can sit out the Corona Virus at home, but you can't sit out on what's happening with your money. Do you know how much risk you are taking in the market? Do you know how much you may have lost in the past week or so? Do you stay where you are?  Take your money out of the market? Reposition yourself into a better safe zone? Steve discusses these options and more on this weeks episode.  Plus, if your plan was to retire in 2020, is it too late now? Steve is offering phone conferences as well as virtual meetings during this time of social distancing, contact Steve today! See omnystudio.com/listener for privacy information.

The Corona Virus has taken our economy by storm causing lots of market volatility. Do you know how it is currently or will impact your money? Steve discusses ways to keep you and your money protected in a volatile market. Let Steve help you and be the calm to this storm. Call today to schedule a time to speak with Steve over the phone or set up a video call. See omnystudio.com/listener for privacy information.

It's the biggest piece of retirement legislation in decades and could cost you BIG TIME! We're talking about The Secure Act President Trump signed into law in Jan. 2020. If you don't know how it will impact you and your finances, you could lose MAJOR CASH! Steve explains what changes you need to be aware of and most importantly, how to be most tax efficient and create a legacy for your heirs.      Major Changes of The Secure Act: It’ll require inherited IRAs to be depleted within 10 years.  It’ll increase the age for required minimum distributions from 70½ to 72.  It’ll eliminate the prohibition on traditional IRA contributions for those age 70 ½.   See omnystudio.com/listener for privacy information.

70% of baby boomers say one of their top fears is the cost of healthcare, the #1 fear being running out of money in retirement.  According to a Motley Fool article, it's estimated that healthcare will cost the average healthy 65year-old couple today … OVER $387,000 throughout retirement.  That's a lot of money to shell out, especially since it DOESN’T account for long-term care.  Hear how Steve can help YOU prepare for the rising cost of healthcare while not shattering your nest egg.  See omnystudio.com/listener for privacy information.

How can you reduce your anxiety of replacing that paycheck when you enter retirement? First, you need an income plan in writing, so you can see where you money is going. What if I told you there is a special tool in Steve’s financial toolbox that can allow you to NEVER run out of money for as long as you live? Oh, and yes you can still be invested in the market with this tool, the best part is you’re protected when the market takes a dive. If you want that mailbox money, that money that will replace the paycheck you’ve been getting 40+ years, take the time to educate yourself alongside Steve Anzuoni of Fairway Financial. With over three decades of experience, Steve prides himself on creating successful income plans for his clients and providing them that added piece of mind knowing they’ll never run out of income. Meet with Steve today!  See omnystudio.com/listener for privacy information.

The #1 fear about planning for retirement is running out of money. Turns out, the best way to avoid this is to work with a professional. Meet Steve Anzuoni, of Fairway Financial ! Steve has over three decades of experience and can help you put the puzzle pieces to your retirement together.  Starting is the hardest part right? Steve makes it simple, stress free and calls it “the shoe box meeting.” Bring in your statements, opened or unopened, or if you have that box of paperwork, bring that along as well. This is the first step. Steve will demonstrate his strategies and tools that he can implement with your plan to help you create a successful income plan for your retirement.  The goal is the create a plan that coordinates all branches of your retirement plan – taxes, SS, healthcare and more. The best part – your financial story will be on no more than 2 pages! Everyone’s situation is different, so come in and meet with Steve today !See omnystudio.com/listener for privacy information.

Only 11% of baby boomers having over $500K saved for retirement, 31% of boomers say they’ll work past 70 and 25% of them have not calculated their retirement goals.  These numbers are staggering! In an attempt to warn baby boomers, Market Watch put together a list of the “7 Deadly Sins of Retirement Planning.”  In this episode, Steve takes a deep dive into this list of sins and mistakes, explains how you can avoid them as well as offer you solutions for a better, more confident retirement.See omnystudio.com/listener for privacy information.

As we approach the end of the year, are there specific things we should be doing now to have a better 2020?  Why it’s important to be proactive not reactive, when you should meet with your accountant and the most overlooked opportunities that Steve see’s and how he can help you avoid making this same mistake. Experience is priceless, with 32 years of experience, Steve’s successful strategies and resources, he can help you reach your retirement goals.See omnystudio.com/listener for privacy information.

For 32 years Cape Cod’s Retirement Income Specialist  Steve Anzuoni has helped many people just like you retire with confidence and lifetime income! Steve has developed a simple, easy to understand formula that uses more common sense and allows you to sit back and evaluate your situation.  Most importantly, you’ll actually understand it! Steve puts together every plan from scratch geared to the people/persons he is working with, nothing is cookie cutter when it comes to income planning. Steve explains the four buckets of money you need for retirement, how he can help you understand your money and most importantly, how his strategies can help you confidently cross that retirement finish line! See omnystudio.com/listener for privacy information.

A recent survey by TD Ameritrade found that 58% of Americans think $1 million will be enough to last through retirement. In this episode, Steve discusses an article from Barron’s magazine about a couple who planned to retire in their early 60s. They told their advisors that they’d saved a million dollars, so they felt that were in pretty good shape. The problem is, they were spending about $17K a month, which means they’d run out of their savings in less than five years! When it comes to your retirement, its crucial to do the math! You want INcome – not IFcome!  Steve, Cape Cod’s Retirement income Specialist, explains why it’s not just about the lump sum you have, it’s about your other resources as well to help you have a successful retirement!  See omnystudio.com/listener for privacy information.

At least once a year, all of us have that annoying uncle at the dinner table right? I’m talking about Uncle Sam! The Motley Fool says one of the most common retirement mistakes people make is forgetting about taxes. But won’t our tax obligations decrease when we quit working? The answer may shock you!  Plus, do you know the four types of money?  For three decades, Steve Anzuoni, Cape Cod’s Retirement Income Specialist, has helped people just like you cross that retirement finish line while minimizing your taxes and maximizing your income!See omnystudio.com/listener for privacy information.

In August of 1935, FDR signed the Social Security Act into law. Today, nearly half of all retirees take their benefits as early as they can, which is age 62. BUT, did you know that if you wait until you’re 70, you can almost double it? Social Security is the foundation of your retirement, you could be throwing hundreds of thousands of dollars out the window if you don’t claim right. With hundreds of different claiming methods, it’s important to talk with a professional, someone with over three decades of experience, Cap Cod’s Retirement Income Specialist – Steve Anzuoni!  See omnystudio.com/listener for privacy information.

You have car insurance right? What about life insurance? What about insurance for your retirement plan? The #1 fear of planning for retirement is running out of money. In this episode, Steve explains how you can ensure your retirement plan, protect your nest egg from a volatile market and create lifetime income.See omnystudio.com/listener for privacy information.

Americans who are 55-64 have only saved 12% of what they need to fund a secure retirement – BIG MISTAKE! When planning for your retirement and creating that income plan, it’s important to “color in the lines,” and avoid mistakes. One small mistake, could cost you BIG! What is the biggest mistake one could make while planning for retirement? Steve explains and shares some of the most common mistakes made without the guidance of an experienced professional.  See omnystudio.com/listener for privacy information.