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Spark Wealth Advisors
United States
Registrace 26. 03. 2023
Welcome to Spark Wealth Advisors, your trusted resource for navigating the complexities of financial planning. Whether you're just starting to think about your retirement or are looking for ways to optimize your existing plans, our channel is here to provide clear, reliable, and actionable information.
From breaking down retirement accounts like IRAs and 401(k)s to exploring advanced tax planning techniques, our insights aim to empower you at every stage of your retirement journey. Join us to untangle the world of retirement savings and be on your way to confidence and clarity!
*All content is educational and not to be taken as personalized investment, tax, or legal advice.*
Meet with us virtually to get started on your journey with Spark:
www.sparkwealthadvisors.com/contact
From breaking down retirement accounts like IRAs and 401(k)s to exploring advanced tax planning techniques, our insights aim to empower you at every stage of your retirement journey. Join us to untangle the world of retirement savings and be on your way to confidence and clarity!
*All content is educational and not to be taken as personalized investment, tax, or legal advice.*
Meet with us virtually to get started on your journey with Spark:
www.sparkwealthadvisors.com/contact
7 " What If's " You MUST Plan For In Retirement
Retirement is typically a 30year period of our lives. It would be naive to think that a one-time projection would get all of the assumptions about inflation, taxes, investment returns, and everything else right the first time.
By stress testing your retirement plan, you can see your weak spots and how to plan accordingly, ultimately leading to less stress and a more enjoyable retirement.
Want a second opinion on your plan?
Contact us for a free retirement assessment (stress test included!):
www.sparkwealthadvisors.com/contact
0:00 Intro
1:05 Case Study - Katie & Kevin
1:38 Monte Carlo
2:42 Fine Tuning The Plan
3:30 Stress Testing
3:55 Sequence of Returns Risk
5:09 Taxes
6:30 Social Security
7:30 Longevity
8:54 Inflation
9:30 Healthcare Expenses
10:40 Investment Returns
**This content is educational and not tax, legal, or investment advice**
By stress testing your retirement plan, you can see your weak spots and how to plan accordingly, ultimately leading to less stress and a more enjoyable retirement.
Want a second opinion on your plan?
Contact us for a free retirement assessment (stress test included!):
www.sparkwealthadvisors.com/contact
0:00 Intro
1:05 Case Study - Katie & Kevin
1:38 Monte Carlo
2:42 Fine Tuning The Plan
3:30 Stress Testing
3:55 Sequence of Returns Risk
5:09 Taxes
6:30 Social Security
7:30 Longevity
8:54 Inflation
9:30 Healthcare Expenses
10:40 Investment Returns
**This content is educational and not tax, legal, or investment advice**
zhlédnutí: 36
Video
How Should I Invest Retirement Accounts That I Don't Rely On For Income?
zhlédnutí 454Před 7 hodinami
Visit our website to schedule a complimentary retirement assessment! www.sparkwealthadvisors.com/contact Some people get to retirement and find that a pension, social security, or other fixed income source will cover most or all of their monthly expenses, yet they still have 401(k)s, IRAs, or other investment accounts built up from years of diligent saving. So, how does one invest money that th...
7 GOOD Reasons To Claim Social Security at 62
zhlédnutí 2,4KPřed 16 hodinami
As of 2022, 61% of people claim social security before full retirement age, meaning they get a decreased benefit. Most would be better of waiting, so why is this number so high? There's a few good reasons to claim Social Security benefits early, as Jake covers in this video. 0:00 Intro 0:40 Baseline Facts About Social Security Timing 1:56 Breakeven Age 3:01 Other Factors 3:44 Reason 1 4:06 Reas...
Average 401(k) Balance By Age: 2024 Data
zhlédnutí 2,6KPřed dnem
Visit our website to learn more about us! www.sparkwealthadvisors.com/ "Comparison is the thief of joy" - President Theodore Roosevelt While I wholeheartedly agree with this quote, there's a few positives that could come from comparing your 401(k) balance to the average in your age group: 1. You realize you're ahead of the game, giving you a boost of confidence and reassurance that you're doing...
How Social Security Works & 4 Tips To Maximize It
zhlédnutí 332Před 14 dny
Half of Americans age 65 or older rely on Social Security for 50% or more of their income. A quarter of them rely on it for 90% of their income. With this in mind, it's extremely important to understand the basics of how it works, so you can maximize your benefit. In this video, Jake breaks down how Social Security is calculated and 4 tips to take full advantage of what you've paid into over yo...
What Should I Do With My 401(k) When I Retire?
zhlédnutí 704Před 14 dny
Learn more about how we help retirees at www.sparkwealthadvisors.com/ With pensions being all but obsolete, 401(k) and 403(b) plans are most American's biggest source of retirement savings today. There's a lot of guidance on 401(k)s in the begging of your career (start as early as possible and save as much as you can!), but there's not as much consensus on what to do with it when you retire. Th...
I’m 60 And Want to Retire ASAP. Is $1million Enough?
zhlédnutí 3,2KPřed 21 dnem
We offer a free retirement analysis for anyone considering working with Spark. After that, you can hire us to execute it or we can part ways as friends! Schedule yours here: www.sparkwealthadvisors.com/contact Burnt out at work and ready to throw in the towel, Camille came to us asking if she can retire ASAP. The initial outlook was bleak, but after compromise, we were able to make Camille and ...
Retired? Review These Items on Your Tax Return Annually
zhlédnutí 48Před 21 dnem
Retired? Review These Items on Your Tax Return Annually
![How To Pay $0 Tax on Six-Figure Retirement Income [Without Using Roth!]](/img/n.gif)
How To Pay $0 Tax on Six-Figure Retirement Income [Without Using Roth!]
zhlédnutí 850Před 28 dny
How To Pay $0 Tax on Six-Figure Retirement Income [Without Using Roth!]
2 Accounts You NEED To Build Up To Retire Early
zhlédnutí 917Před měsícem
2 Accounts You NEED To Build Up To Retire Early
Should I Sell My Rental Property When I Retire?
zhlédnutí 133Před měsícem
Should I Sell My Rental Property When I Retire?
I'm Single (58) with $750K. Can I Retire?
zhlédnutí 83Před měsícem
I'm Single (58) with $750K. Can I Retire?
What's The Best Investment Account for Kids?
zhlédnutí 60Před měsícem
What's The Best Investment Account for Kids?
5 Reasons You Should NOT Convert to Roth
zhlédnutí 37Před měsícem
5 Reasons You Should NOT Convert to Roth
3 Signs You Should STOP Saving for Retirement
zhlédnutí 1,6KPřed měsícem
3 Signs You Should STOP Saving for Retirement
9 Questions to Ask a Financial Advisor [BEFORE Hiring Them]
zhlédnutí 38Před měsícem
9 Questions to Ask a Financial Advisor [BEFORE Hiring Them]
Which Account Should I Pull From First in Retirement?
zhlédnutí 900Před měsícem
Which Account Should I Pull From First in Retirement?
Avoid These Common 401(k) Rollover Mistakes
zhlédnutí 56Před 2 měsíci
Avoid These Common 401(k) Rollover Mistakes
Financial Advisors for the LGBTQ+ Community
zhlédnutí 198Před 2 měsíci
Financial Advisors for the LGBTQ Community
How to Pay ZERO in Capital Gains Taxes [6 Scenarios]
zhlédnutí 54Před 2 měsíci
How to Pay ZERO in Capital Gains Taxes [6 Scenarios]
We're 60 and 62 years old with $1.2m invested. When can we retire?
zhlédnutí 815Před 2 měsíci
We're 60 and 62 years old with $1.2m invested. When can we retire?
5 Options for Your Old 401(k): Which is best for you?
zhlédnutí 99Před 2 měsíci
5 Options for Your Old 401(k): Which is best for you?
5 Ways to Access Retirement Savings Penalty-Free (Before Age 59.5)
zhlédnutí 205Před 2 měsíci
5 Ways to Access Retirement Savings Penalty-Free (Before Age 59.5)
Optimal Order to Invest for High Income Earners
zhlédnutí 40Před 2 měsíci
Optimal Order to Invest for High Income Earners
Starting a Roth IRA After 50: Too Late or Perfect Timing? [Client Example]
zhlédnutí 587Před 2 měsíci
Starting a Roth IRA After 50: Too Late or Perfect Timing? [Client Example]
20 Questions To Ask Before You Retire
zhlédnutí 220Před 2 měsíci
20 Questions To Ask Before You Retire
Why you always owe more taxes on your RSUs [Restricted Stock Units]
zhlédnutí 6Před 2 měsíci
Why you always owe more taxes on your RSUs [Restricted Stock Units]
Net Unrealized Appreciation: How To Reduce Taxes On Employer Stock Gains [With Example]
zhlédnutí 100Před 3 měsíci
Net Unrealized Appreciation: How To Reduce Taxes On Employer Stock Gains [With Example]
3 Common Tax Mistakes Retirees Make & How to Avoid Them [With Real Client Example]
zhlédnutí 453Před 3 měsíci
3 Common Tax Mistakes Retirees Make & How to Avoid Them [With Real Client Example]