Have you accounted for all the taxes you’ll need to pay in your retirement journey? Financial Advisor Terry DuPont and Stonewood Financial CEO Becky Swansburg discuss how most investors are not keyed into the impact of taxes on their retirement accounts. People preparing for retirement are usually concerned with market fluctuations but don’t consider that tax increases can harm their portfolios just as much. Terry works with clients at his firm, DuPont Wealth Management, to help mitigate these risks through diversification and help them understand their overall tax liabilities. Taxes are scheduled to go up in 2026, so now is a good time to see if account conversions make sense for you.
For more Right on the Money: http://rightonthemoneyshow.com
To learn more about Terry Dupont, visit http://dupontandassociates.net
Fee-based financial planning and investment advisory services are offered by DuPont Wealth Management a Registered Investment Advisor in the State of Indiana. Insurance products and services are offered through DuPont & Associates, Inc. DuPont Wealth Management and DuPont & Associates, Inc. are affiliated companies.
Licensed Insurance Professional. We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. Investing involves risk, including the loss of principal. No Investment strategy can guarantee a profit or protect against loss in a period of declining values. Any references to protection or lifetime income refer to fixed insurance products, never securities or investment products. Insurance and annuity products are backed by the financial strength and claims-paying ability of the issuing insurance company.
The information is not intended to be investment, legal or tax advice. The agent can provide information, but not advice related to social security benefits. The agent may be able to identify potential retirement income gaps and may introduce insurance products, such as an annuity, as a potential solution. For more information, contact the Social Security Administration office, or visit www.ssa.gov.