In this episode, Morey and Macarena stress the importance of financial planning and preparing for your retirement. Morey shares a real life example of a 70-year-old family member who was talked into using his IRA to purchase a piece of property. The family member did not consult with Morey until after the deed was done and now wonders if his decision was a good one. Morey and Macarena stress the importance of vetting anyone who wants some of your money, and always contact Glazer Financial before making any financial or tax-related plans.
Key Takeaways:
[0:49] Planning to plan is important. Here is an example of someone who didn’t.
[4:35] Before investing your retirement plan into real estate, check with your financial advisor!
[6:12] Make sure you have a monthly income when you retire.
[7:17] Real estate is a gamble just like every other investment.
[9:20] It is imperative you file your tax returns even if you don’t owe any tax.
[12:57] Glazer Financial examines 2 years of past tax returns at no charge.
[13:31] It’s time to do your financial planning for 2016.
[16:48] Glazer Financial can also help with retirement planning.
[18:33] Online research makes vetting your financial representative easy.
[20:20] Contact Morey or Macarena with any questions you may have.
Mentioned in This Episode:
Email Macarena: macarenarose@gmail.com
Tuesdays with Morey on Facebook
Email Glazer Financial: mglazer@glazerfinancial.com
