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Joe Murphy discusses the common financial mistakes that baby boomers make as they approach retirement, particularly focusing on Social Security and the importance of strategic planning. He emphasizes the need for a well-thought-out election strategy for Social Security benefits, the impact of taxes on retirement withdrawals, and the significance of understanding how divorce can affect Social Security benefits. Joe provides insights into when it might be beneficial to elect Social Security early and how to maximize benefits for both individuals and their spouses. The conversation highlights the importance of proactive financial planning to ensure a secure and fulfilling retirement. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more.

<p>Joe Murphy discusses the common financial mistakes that baby boomers make as they approach retirement, particularly focusing on Social Security and the importance of strategic planning. He emphasizes the need for a well-thought-out election strategy for Social Security benefits, the impact of taxes on retirement withdrawals, and the significance of understanding how divorce can affect Social Security benefits. Joe provides insights into when it might be beneficial to elect Social Security early and how to maximize benefits for both individuals and their spouses. The conversation highlights the importance of proactive financial planning to ensure a secure and fulfilling retirement. Call or text 800-930-5905. Visit<a href="https://mwmfinancial.tax/"> MWMFinancial.Tax </a>to learn more.</p>

Joe Murphy and the team bring everything you need to know about retirement and income planning in a fast paced format. Each week, the hosts and guests on the show reveal the latest developments in the financial world to keep you informed of changes that may affect you personally, while sharing some common sense strategies that will help you make the most out of your retirement savings. We are focused on helping investors preserve and grow their assets, increase their income, and reduce taxes.

For more information or to get your own questions answered, call or text 800-930-5905.