Root Financial Partners

As a new retiree, Laura is concerned about taxes, especially with much of her savings in pre-tax accounts like a 401(k) and IRA. James shares tax strategies to help minimize future tax costs and maintain her desired lifestyle, including: ??Roth Conversions: Reduce future taxes by converting to Roth IRAs. ??Health Insurance: How Roth conversions affect subsidies. ??Income Sources: Managing taxes on Social Security and pensions. ??Estate Taxes: Planning for efficient wealth transfer. ??Tax Strategies: Stay within lower tax brackets to save over time. Smart tax planning today can ease future burdens and protect your wealth! Catch up on the latest Retirement Makeover video ?? https://hubs.la/Q02Z2-VR0

Ready to unlock the full potential of your real estate investments in your retirement plan? James caught up with 62-year-old Mark, a property owner planning to work until 70, to build a retirement plan around his three rental properties. They discuss how: ? To measure rental property performance ? Rental properties fit into a retirement income plan ? Real estate can enable an earlier retirement James breaks down the four key areas of real estate investing: rental income, appreciation, leverage, and tax benefits—showing how Mark’s rentals and Social Security can support his retirement goals and others in a similar situation. Catch up on the latest Retirement Makeover video ?? https://hubs.la/Q02X_qLk0

Planning for a retirement filled with travel and adventure requires a unique financial strategy—one that’s as flexible as it is secure. Meet Hillary and Mark ?? a couple in their early 50s dreaming of retiring early to travel and live abroad. Previously told Mark would need to work until 70, they discovered a new plan with James. By combining a custom strategy focused on cash flow for extended stays in affordable destinations and James’s encouragement to test-drive their retirement lifestyle with extended travel now, they’re on a 10-year path toward a secure, adventurous retirement—with the possibility of retiring even sooner! ?? https://hubs.ly/Q02X9Dcs0

Planning for retirement? Meet Chris and his wife ??—who built a $4.7M net worth by 40 and plan to retire next year! James uses their story to show how smart savings, managing costs, and solid planning can set you up for a stress-free retirement, no matter your timeline! ?? https://hubs.ly/Q02W4D9V0

Did you know that taxes are slowly eating away at your retirement savings? Well, they could be–they were for Elizabeth and Joe, two soon-to-be retirees. Elizabeth and Joe thought they had it all figured out, but after learning about three tax-saving strategies, they realized they could do so much more with their money. Are you doing enough to protect your retirement? Watch our video to find out now: https://lnkd.in/enwPDdrt

Is your tax-saving strategy actually hurting your retirement? ?? Alex & Jeanette could save a fortune in taxes–but James quickly realized this came at the expense of their other retirement goals. Could this common trap be affecting your retirement too? Learn how James struck the right balance for Alex and Jeanette. ?? https://lnkd.in/e8XYiF4N

Guess what’s costing you in retirement…we’ll wait ?? If you guessed RMDs, you’d be right. Without a solid plan, RMDs can lead to massive tax bills. Here’s how you can reduce the hit with strategies like Roth conversions and smart withdrawals ?? https://lnkd.in/eMBXM7s5 Spencer contributed to pre-tax accounts, enjoying tax deductions along the way. But with RMDs starting at age 75, his future withdrawals could push him into higher tax brackets and rack up his tax bill. James walks through the strategies Spencer could use to mitigate this risk.

Early retirement = early withdrawals. ?? James shares how Matt and Beth are planning to cover expenses before Social Security and a $750,000 inheritance kick in. Learn how they’re avoiding the common risks early retirees often face ?? https://lnkd.in/e9UPqPb5

We believe that achieving big goals is a team effort, and that begins with a thriving culture. A couple of weeks ago, we had the fantastic opportunity to come together for our company retreat. It was inspiring to connect with our incredible new members who joined us since our last gathering in March. These in-person interactions reinforce the spirit of collaboration and innovation that makes our team so fun. Here’s to the amazing people that make it all possible! Want to join our team? ?? https://lnkd.in/er-RSAKW

?? $530k saved ?? Ready to retire With half a million saved, David’s ready to retire—but will it be enough? Find out how he plans to manage his savings and avoid running out of money: https://lnkd.in/epv2JDg4