Videos

So, a lot of times you'll have people that retire and then they start to really think about different things that they want to do and the retirement piece. I rarely see people just stop working and just full on retire where they have nothing else going on. They're relaxing sitting at home and just enjoying themselves. Typically, it's a phase 2 that they enter into and that really means reduce commitments. You're not going to meetings all the time. You're not working 50 to 60 hours a week. You're able to enjoy your passion, your lifestyle, your family, et cetera, but you're still doing something that reflects your passion and the fact that you are a seasoned professional in a certain area.

In this video, we dive into the importance of strategic financial planning for retirement, focusing on required distributions from 401k and IRA accounts. We use the example of Carol, who faces potential high tax brackets and increased Medicare premiums in retirement. By exploring different scenarios and asset allocation strategies, we uncover how to optimize income, reduce taxes, and minimize healthcare costs during retirement. Join us as we discuss practical tips to maximize the longevity of your assets and navigate the complexities of retirement planning.

From a financial perspective, it's in your best interest not to pay off your mortgage in retirement but to keep your money compounding. Over 10 years, a $500,000 investment would grow to over $814,000 compared to the $696,650 total cost of a loan. This dynamic is due to how amortization works, with the balance decreasing over time. The assets are irreplaceable, akin to having all your 'mules' working for your benefit in retirement. Preserve these assets for potential end-of-life expenses, ensuring financial security for the long term.

Join Antwone Harris, Chief Planning Strategist at Platinum Bridge Wealth Strategies, for a replay of our webinar: "5 Things Executives Must Do 5 Years Before Retirement." This advanced session delves into structuring investments, tax mitigation, and maximizing retirement assets' longevity. Benefit from Antwone's two decades of expertise in retirement income planning. Gain insights from real-life examples, actionable steps, and the significance of early planning to optimize your retirement strategy for long-term financial security.

In this interview, TD Ameritrade's The Watch List engages in a captivating discussion with financial advisor Antwone Harris, MBA, CFP®, and Chief Planning Strategist of Platinum Bridge Wealth Strategies. The conversation revolves around the current 2023 economic marketing climate, providing valuable insights and expert analysis to help viewers navigate the complex and ever-changing financial landscape of the United States.

Platinum Bridge Wealth Strategies owner, Antwone Harris, MBA, CFP, RICP, shares his business origin story during an interview with CityBiz host, Edwin Warfield. He shares why he became a retirement income planning specialist.