Homework Time! Before we move on to the next section please download the “Retirement Financial Profile” worksheet from the resource section. Do your best to gather all the necessary documents and complete the entire worksheet.
This lesson outlines our “course promise” to you and the potential impact that this masterclass can have in your retirement finances. I share two stories of students that have come through this class and experienced this same course promise. As you listen to these stories consider what additional confidence you might have in your own retirement if this course promise … Read More
The financial health of our country will have a direct effect on your retirement financial health. In this lesson we will discuss the U.S. financial health and a few possible solutions that congress might use to improve that health. Most importantly, however, will be to consider how these changes might impact YOUR financial health to your benefit or to your … Read More
You will be more likely to use the Standard Deduction in retirement than the Itemized Deduction. Why? This lesson will explain why most of the itemized deductions that you might be used to during your working years will most likely disappear leaving you with the standard deduction.
Our tax environment is always changing! This lesson explores the changes that were made in the 2018 Tax Reform; Standard Deduction doubling, SALT taxes being capped and Tax Brackets being reduced. Consider how these changes will effect your retirement finances (if you have no idea how these will effect you then… you are in the right class to learn … Read More
Let me introduce you to a “Tax Story”. This is the fundamental tool that the Brighter Wealth Academy has created to simplify the retirement tax planning conversation and help our students simplify the decisions to make the largest tax planning impact. We will use the Tax Story for Bill & Janet as an example not only in this lesson but throughout … Read More
Understanding the “Reality” of the tax system around us is the first place we will explore in this masterclass. This class is ABSOLUTELY about making individual improvements in your finances but first we must seek to understand the moving pieces around us. Make sure you listen to the end of this Section because I share with you Our Course … Read More