Retirement Elevated Podcast with Sean Lee

What Tax Consequences Should You Be Aware Of?

More than just simply filing your taxes by April 15 each year, what tax consequences do you need to keep in mind with your various investment accounts? On today’s episode of the Retirement Elevated podcast, Sean shares the pros and cons of different investment accounts.

 

Read more and get additional financial resources here: https://wp.me/paeqsR-bs 

 

What we discuss on this episode: 

1:00 - What are the favorite activities right now with Sean’s kids?

3:05 - Different accounts have different tax consequences. 

6:27 - Should you take the employer match?

9:17 - What are taxable accounts?

10:21 - What about CDs?

11:19 - What do you need to know about tax and life insurance?

13:28 - Fun fact: How long ago did the iPhone first come out?

What Is Values-Based Financial Planning?

Is your financial plan aligned with your values? How do you create a values-based financial plan? We’ll explain on today’s episode.

 

Read more and get additional financial resources here: https://wp.me/paeqsR-bi 

 

What we discuss on this show: 

1:39 - What is a values-based retirement plan?

5:02 - Does your retirement plan align with your moral beliefs?

6:32 - What is your charitable giving plan?

7:47 - Do you want to work longer?

10:08 - How does education play a part in your retirement plan?