If Retirement Was Your Thanksgiving Dinner
Raj Shah and Rick Borek compare the elements of a Thanksgiving dinner to essential components of a retirement plan, emphasizing the need for a stable income source. They highlight the benefits of fixed index annuities in the current high-interest rate environment, addressing common misconceptions a…
Dealing with Layoffs and Having a Backup Retirement Plan
Raj Shah and Rick Borek stress the importance of financial planning in the face of potential layoffs and the necessity of estate planning to safeguard one's legacy. They emphasize the need for individuals, especially those nearing retirement, to understand their financial situation and prepare for …
Tax Strategies and the Potential Extension of the Trump Tax Cuts
Raj Shah and Rick Borek get into the upcoming changes in tax brackets and standard deductions set by the IRS for the 2025 tax year, emphasizing the importance of strategic tax planning to maximize savings. It highlights the potential expiration of the 2017 Trump tax cuts and the implications for re…
What You Need to Know About Social Security Changes
Raj Shah and Rick Borek delve into the recent adjustments in Social Security benefits, highlighting the impact of inflation on retirees' purchasing power. For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com Raj Shah and Rick Borek focus on wealt…
Investing Smart: Beyond the 401(k)
Raj Shah and Rick Borek discuss 401(k) plans and the advantages of IRAs and Roth IRAs. They emphasize limitations of 401(k) plans and the benefits of having more control over investments through IRAs, as well as the significant tax advantages of utilizing Roth 401(k) accounts. For more information…
Navigating Retirement: Risks and Strategies
Raj Shah and Rick Borek discuss the critical aspects of retirement planning, emphasizing the importance of understanding financial risks, stress testing portfolios, and the value of personalized financial advice. They talk about how working longer can reduce the risk of running out of money and how…
Keeping Up with Inflation in Retirement
Rah Shah and Rick Borek emphasize the importance of structuring retirement portfolios to not only keep pace with inflation but also to ensure sustainable income. For more information or to schedule a consultation with SC Wealth Advisors visit: scwealthadvisors.com Raj Shah and Rick Borek focus o…
Planning for the Unexpected in Retirement
Raj Shah and Rick Borek explain the complexities of retirement planning, highlighting the importance of proactive financial strategies in light of unexpected events such as health issues or job layoffs. They emphasize the need for individuals to create a robust financial plan that allows for flexib…
Maximizing Your Social Security Benefits
Raj Shah and Rick Borek focus on the importance of understanding Social Security benefits and the strategies to maximize them. They cover misconceptions about taking Social Security early and the emotional factors that influence decision-making. For more information or to schedule a consultation …
The Risks of Early Social Security Claims
Raj Shah and Rick Borek delve into the complexities of Social Security, particularly the implications of claiming benefits early versus delaying them. They emphasize the importance of strategic planning in retirement to mitigate potential losses due to benefit cuts and inflation. For more informa…