24 episodes

Candid Conversations with Ryan Cravitz is a show specifically about retirement planning for people over 50. If you're wanting to invest better, maximize your income, reduce taxes, and learn how to successfully retire then this is the perfect show for you. Ryan has operated an independent financial planning firm since 2011 and is in his second decade of helping people grow and protect their wealth. Join him each episode for conversations about income, retirement, insurance, 401(k)s, IRAs, investments, and so much more. Visit him online at https://cravitzfinancial.com/ or by calling 714-462-9155.

Candid Conversations: Retirement Talk with Ryan Cravitz Ryan Cravitz

    • Business

Candid Conversations with Ryan Cravitz is a show specifically about retirement planning for people over 50. If you're wanting to invest better, maximize your income, reduce taxes, and learn how to successfully retire then this is the perfect show for you. Ryan has operated an independent financial planning firm since 2011 and is in his second decade of helping people grow and protect their wealth. Join him each episode for conversations about income, retirement, insurance, 401(k)s, IRAs, investments, and so much more. Visit him online at https://cravitzfinancial.com/ or by calling 714-462-9155.

    What’s New with Social Security in 2024?

    What’s New with Social Security in 2024?

    Whether you're nearing retirement, already retired, or just planning ahead, it's crucial to stay informed about Social Security and any changes that happen each year. Today we’re going to share some key things that you need to know and bring you up to speed on some updates that need to be aware of. Ryan will also tell you how this might impact you and the planning you’ll do this year.

    Here’s some of what we discuss in this episode:
    The Cost of Living Adjustment you can expect this year.The payroll tax limit has bumped up so what does this mean for you.Medicare premiums will be up from most people. What is the future of Social Security and its solvency?Does anything change with claiming strategies with the changes and updates we have?

    CONNECT:

    If you have any questions, you can contact us online here: https://cravitzfinancial.com/

    Email: ryan@cravitzfinancial.com

    Call: 714-462-9155

    Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.

    • 24 min
    Important Retirement Updates & Changes for 2024

    Important Retirement Updates & Changes for 2024

    It’s not always easy to keep up with rule changes and updates when they happen each year, but we like to stay on top of anything that might impact your retirement planning. In today’s episode, we will bring you up to date on what’s new for 2024. From tax brackets to Social Security to 529 plans, we’ll cover some key planning items that everyone will want to know about. 


    Here’s some of what we discuss in this episode:
    You’ll get an increase to both your standard deduction on taxes and how much you can make in each tax bracket.The Social Security Cost of Living Adjustment isn’t has high as it was a year ago but still a nice bump.What you need to know about the increase in Medicare costs.529 plans can start rolling money into a Roth but there are some restrictions to be aware of.There is a little more flexibility to withdrawing from 401k accounts early.What you need to be aware of with Required Minimum Distributions in 2024.

    CONNECT:

    If you have any questions, you can contact us online here: https://cravitzfinancial.com/

    Email: ryan@cravitzfinancial.com

    Call: 714-462-9155

    Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.

    • 23 min
    Let’s Answer Some Common Financial Questions

    Let’s Answer Some Common Financial Questions

    As we close in on the end of the year, we want to finish up by answering questions that people have asked us recently. We’ll cover key financial planning topics like retirement withdrawal rates, investing in CDs, advisor fees, Social Security and more.
     
    Here’s some of what we discuss in this episode:
    Is it okay to take a short-term loan to get funds for a closing while you wait for your current home to sell?Is a 6% withdrawal rate too much in retirement and how do you figure out that number?CDs have been a good investment in the current interest rate environment but will that continue? What should you expect from a financial advisor before you pay them any fees?Can you still take Social Security benefits while your spouse is working?

    CONNECT:

    If you have any questions, you can contact us online here: https://cravitzfinancial.com/

    Email: ryan@cravitzfinancial.com

    Call: 714-462-9155

    Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.

    • 20 min
    The Universal Truths of Retirement (PART 2)

    The Universal Truths of Retirement (PART 2)

    Today we’re going to finish up our two-part conversation that will juxtapose the individuality of retirement plans with the foundational principles that remain constant regardless of who you are. These 10 total truths need to be accounted for when you build a plan for retirement, and we’ll talk about how and why they could have an impact on your financial future.
      
    Here are the retirement truths we discuss in this episode:
    Diversification is Essential for Risk Management.Emotions Can Be an Investor's Worst Enemy.Tax Implications Matter.Retirement Doesn't Mean Complete Disengagement from Work.Estate Planning Isn't Just for the Wealthy.

    CONNECT:

    If you have any questions, you can contact us online here: https://cravitzfinancial.com/

    Email: ryan@cravitzfinancial.com

    Call: 714-462-9155

    Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.

    • 23 min
    The Universal Truths in Retirement

    The Universal Truths in Retirement

    Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? 
    We’ll explore the realities that all of us will face in this episode so join us as we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. Everyone might address each of these truths in their own way, but no one should ignore what the things we talk about today. 
    This list of 10 truths will be broken up into two parts so make sure you stay tuned for the next episode.
     
    Here’s are the truths Ryan will break down:
    Everybody needs an income plan.Everybody needs a plan to address healthcare issuesNobody can consistently time the stock market successfully.Nobody knows how long they’re going to live.Money sitting in cash isn’t keeping up with inflation.

    CONNECT:

    If you have any questions, you can contact us online here: https://cravitzfinancial.com/

    Email: ryan@cravitzfinancial.com

    Call: 714-462-9155

    Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.

    • 17 min
    Is Investing in a Roth a Bad Idea?

    Is Investing in a Roth a Bad Idea?

    We came across an article recently that would get anyone’s attention when they’re trying to save for retirement. The headline said this person lost $400k in a Roth 401(k) and warned others about the risk as well. While this headline could very easily be characterized as clickbait, we wanted to explore it a little further and see how much truth was in these numbers.

    Here's some of what we’ll discuss in this episode:
    Ryan’s favorite show growing up and which Olympic sport would he have the best chance at winning a medal.An example of someone in their mid-50s who might benefit from a traditional 401k versus someone who might benefit more from a Roth.Why we start with income planning to determine how much we need and what taxes might look like in retirement.What are the best ways to financially help a child with their new grandchild?Should you park your money in cash if you know a lot of life changes are coming up?
    Read the article here: https://finance.yahoo.com/news/lost-400k-retirement-savings-roth-174006044.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAIkWwMYSM-fB6t_MX8lExd4gm_ZfdGmNKd-SR1Li8ShRy48dw1PsMw5s01MCGixWIonmjy5Lcp5sNbJ2uQscXkEZtO2c3IOdRhKNuiepnd10XTXtHK1jh2mJwdhTwY42rtygybXhWczN7Bt86GnV3U378E4KLteJIZp0XmwYoUSk


    CONNECT:

    If you have any questions, you can contact us online here: https://cravitzfinancial.com/

    Email: ryan@cravitzfinancial.com

    Call: 714-462-9155

    Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.

    • 19 min

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