Money Chic: Women & Retirement with Shari Rash Shari Rash

Spring has officially sprung, so in the spirit of the season we are going share some financial spring-cleaning tips in today’s episode. Getting organized and eliminating clutter in your finances not only feels great but can oftentimes uncover hidden expenses that you have forgotten about and can help you reevaluate your financial goals. Join Shari in this motivating episode about staying on top of your finances. 
 
Here’s some of what we’ll discuss in this episode:
Organize your documents and accounts to eliminate clutter and avoid unnecessary charges. (1:42) Look at your subscriptions and evaluate if they are still needed (4:31) Looking at what insurance you have and how much it cost. (7:07) Reconsider your tax withholdings based on previous tax years. (7:48) Automate your savings to pay your future self. (10:10) Does your financial plan still align with your current and future goals? (11:55)  
Schedule a meeting with Shari: https://greenwaywealthadvisory.com/get-in-touch/ 
Want to learn more? Vist us online: https://greenwaywealthadvisory.com/podcast/

Do you ever feel like your retirement planning goals are always moving? You're not alone. We’ve found that people often move the goalposts in their own retirement planning, often to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts.
 
Here’s some of what we’ll discuss in this episode:
The amount you need saved might change depending on where you on in life and what makes you most comfortable. (2:01)  If you always seem to put off your savings until later, here are some ways to take some smaller steps to get started. (8:26) Waiting to reduce your risk because you’re chasing returns could be dangerous. (10:07) Why people continuously change their retirement date. (14:10)  
Schedule a meeting with Shari: https://greenwaywealthadvisory.com/get-in-touch/ 
Want to learn more? Vist us online: https://greenwaywealthadvisory.com/podcast/
 

Listen to today’s episode to see what you need to know and learn four ways the new changes might impact you. This won’t cover everything because there are more than 90 provisions in the SECURE Act 2.0, but this should give you some planning opportunities to discuss with your advisor the next time you meet. 
Here’s some of what we’ll discuss in this episode:
Required minimum distribution age is moving back again. (1:39) Changes to the catch-up contribution for people over 50. (6:40) A new option to roll money from a 529 plan to a Roth. (9:35) A few different Roth changes in this bill as well. (14:18) Getting a company match in your 401k while you’re paying student loans. (15:58) Shari’s overall feelings on the SECURE Act 2.0 changes. (19:09)  
Schedule a meeting with Shari: https://greenwaywealthadvisory.com/get-in-touch/ 
Want to learn more? Vist us online: https://greenwaywealthadvisory.com/podcast/
 

On today’s episode, we’ll break down the top tax questions retirees are asking in 2023. 
Before you file your 2022 taxes and plan ahead for the rest of the year, make sure to listen to this episode as we’ll discuss some important tax questions that retirees should ask themselves to ensure they're making the most of their retirement savings and minimizing their tax burden.
Here’s some of what we’ll discuss in this episode:
What are the tax implications of withdrawing money from my retirement accounts? (2:03)  Is pension income taxed differently than other forms of income? (6:31) Will your taxes change if you decide to move to another state in retirement? (8:40) What are the tax considerations for gifting money to children or grandchildren during retirement? (12:26) Are there any tax issues with starting a small (or side) business in retirement? (14:19)  How would selling my home impact my taxes? (15:32)  
Schedule a meeting with Shari: https://greenwaywealthadvisory.com/get-in-touch/ 
Want to learn more? Vist us online: https://greenwaywealthadvisory.com/podcast/
 

Today we open up the mailbag to get to a few of the questions that have come into the show and we’ll hit on a few different financial topics that might also apply to your life.
From saving for college to working with multiple financial advisors to RMD withdrawals, this episode will touch on three items that come up frequently in our conversations. If you ever have a question for us, send it in and we’ll do our best to feature it on a future episode.
Here’s some of what we’ll discuss in this episode:
Is the 529 plan the best option for saving for retirement? (2:24) Does it make sense to work with two advisors for your financial planning? (7:11) Can you take your RMD withdrawals and invest it immediately into something else? (11:10)  
Schedule a meeting with Shari: https://greenwaywealthadvisory.com/get-in-touch/ 
Want to learn more? Vist us online: https://greenwaywealthadvisory.com/podcast/

In this episode, we’ll address five, unfortunately, common beneficiary mistakes. Are you making one of these beneficiary mistakes? If so, it could cost you and your loved ones dearly.
Some of the simplest mistakes can completely spoil an otherwise well-done retirement plan.
In this episode, we’ll share:
Under the law, if you name minors as beneficiaries, they can't receive every benefit until they’re 18 or older. (2:26) The beneficiary designation automatically overrides your will, so it’s important to ensure the two documents work together. (4:35) It’s important to designate contingent beneficiaries. (7:41) Want to get in touch? Start here --> https://greenwaywealthadvisory.com/get-in-touch/