Next Steps – Financial Profile

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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.

Lesson #5 – Course Promise

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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

Lesson #4 – The Reality of Tax Increases

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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

Lesson #3 – The Reality of Disappearing Deductions

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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.

Lesson #2 – The Reality of Temporary Tax Brackets

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 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

Lesson #1 – The Reality of Your Tax Story

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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

Introduction

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 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

Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Brighter Wealth and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision. This information is designed to provide general information on the subjects covered, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Brighter Wealth and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney. Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by Retirement Wealth Advisors.