In this conversation, Adam Muller discusses retirement savings strategies for individuals starting in their 50s. He emphasizes the importance of increasing contribution limits and taking advantage of catch-up contributions for those over 50. He also discusses the need for a more aggressive investment approach and the importance of seeking advice from a financial planner. Other topics covered include the benefits and risks of real estate investments, the limitations of bonds as low-risk investments, and the advantages of fixed annuities and fixed indexed annuities for retirement savings. In this conversation, he suggests regularly rebalancing investment portfolios and considering downsizing or investing in real estate for additional income. Lastly, he discusses the optimal timing for taking Social Security benefits and the importance of having a comprehensive financial plan tailored to individual needs and goals.
Reach out to Adam at 800-467-0737 or https://myajmfinancial.com
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