REAL MONEY PROS - (09-14-2024) - In this episode, we dive into crucial financial topics impacting your retirement and estate planning. We start by analyzing the Federal Reserve's potential rate changes and their influence on inflation and investments, such as bonds and real estate. Next, we discuss how to adjust your investment strategies in response to market shifts, emphasizing a data-driven approach for managing portfolios effectively.
We then cover essential retirement and tax strategies, including upcoming workshops on optimizing income and preparing for tax law changes. Our focus shifts to estate planning, highlighting the importance of wills, trusts, and proper beneficiary designations to minimize estate taxes. Lastly, we explore gifting strategies to reduce estate size while alive and protect heirs from potential issues like divorce or public assistance claims.