Navigating Retirement

On this edition of Navigating Retirement, Rick Durkee continues his overview and explanation of annuities, detailing the different types, their benefits and drawbacks, and commonly asked questions. Visit www.CFPGroup.com for the complete series or for more resources for your financial and retirement planning.

In this edition of Navigating Retirement Rick Durkee his overview  and education of annuities.  He discusses the different kinds and the pros and cons.

In this edition of Navigating Retirement Rick Durkee his overview  and education of annuities.  He discusses the different kinds and the pros and cons.

In this edition of Navigating Retirement Rick Durkee gives an introduction and overview to annuities.  Annuities are just one potential tool to be considered when planning for retirement.

Rick Durkee and special guests continue their discussions of the changes to America's healthcare laws and healthcare coverage under the new rules of the American Rescue Plan Act.

Rick Durkee and special guests continue their discussions of the changes to America's healthcare laws and healthcare coverage under the new rules of the American Rescue Plan Act.

Rick Durkee and special guests continue their discussions of the changes to America's healthcare laws and healthcare coverage under the new rules of the American Rescue Plan Act.

The American Rescue Plan Act (ARPA) changed the way many Americans may choose to acquire their healthcare coverage, but this is not being discussed in the main stream news.  Rick Durkee brings on special guests to discuss and disclose the details of these new laws.

ROTH CONVERSION OPPORTUNITIES – If tax laws reverse over time and start climbing higher, it will likely affect those with larger retirement accounts and income disproportionately. Tune in to learn more on Navigating Retirement as Rick Durkee discusses tax-deferral & it’s consequences, tax-free income, & Roth IRA’s.

LAST MINUTE TAX MOVES – Understanding how tax brackets work and where you fall into them is essential in making good tax decisions. On this week’s episode of Navigating Retirement, Rick Durkee talks strategy and some last-minute tax moves to consider that can substantially lower your bill.

DEBT, CREDIT, BUDGET & INCOME – Debt, credit, budgeting, spending, and income are all major factors in building our personal financial structure and have impacts and implications on our financial situation that often times are outside of our personal control. Listen as Rick Durkee discusses this and more on this week’s episode.

TAXES (PLANNING VS FILING) – Your Social Security CAN BE taxable. Withdrawals from tax deferred accounts directly impact the likelihood that your Social Security will be taxes. Listen as Rick Durkee discusses this and more on this week’s episode.

ARE YOU PREPARED? – Do you know how you would cover the costs of medical and long-term care expenses should you or your spouse require care? On this week’s episode of Navigating Retirement, Rick Durkee addresses different questions that you should ask yourself when planning for retirement.

LUCK VS PLANNING – Statistics from the DHHS show that nearly 70% of Americans will require some extended medical assistance during their lifetimes. So, is NOT addressing this possibility leaving your (and your family’s) financial stability up to luck and chance? Listen as Rick Durkee discusses luck VS planning on this week’s episode.

2021 EP0313 - NAVIGATING RETIREMENT - LUCK V PLANNING by Rick Durkee

THE COUNTDOWN ISSUES – Adding up the cost, retirement can be very expensive. This is one of the top reasons there is so much worry, and why running out of money is the biggest concern for retirees. In this week’s episode, Rick Durkee will discuss different topics that should be addressed when counting down to retirement.

THE COUNTDOWN ISSUES – While the sage wisdom that “You don’t want all your eggs in one basket” is certainly true, it also does not mean that you need a bunch of duplicate accounts spread out and scattered everywhere. This is just one topic that Rick Durkee covers on Navigating Retirement and 8 Moments To Move Your Money.

WHAT PLANNING IS ABOUT – The act of planning itself IS progress. Without doubt, there will be obstacles that stand in our way. With a plan, we can address and overcome them. Listen as Rick Durkee discusses the important of planning and why the beginning of the year is a great time to start or review your old plan on Navigating Retirement.

GETTING SAVINGS BACK ON TRACK – Don’t leave your money behind!! This is another big opportunity to take control, and there are lots of orphan and abandoned 401(k)’s. Listen as Rick Durkee discusses this topic and more on this week’s episode of Navigating Retirement.

Taxes in retirement can be an unpleasant surprise. If not carefully planned for, they can cost a lot more than many expect. Rick Durkee and his team at Coastal Financial Planning Group help clients Navigate Retirement, including identifying opportunities to control and minimize taxes.