Tag: Retirement Savings
Understanding Annuities for Retirement Planning (Ep. 15)

Understanding Annuities for Retirement Planning (Ep. 15)

By |

Are you curious about annuities but unsure how they would fit into your financial plan?

Let’s clear up the confusion.

Marcia Miller demystifies the world of annuities this week on Making Hay. Follow along as Marcia cuts through the noise and controversy surrounding annuities, revealing their true potential as a tool for retirement planning. Marcia unpacks everything you need to know from the basic understanding and types of annuities, to their benefits and considerations. 

Whether you’re nearing retirement or looking to manage your income streams more effectively, this installment sheds light on how annuities could be a boon to your financial plan, offering examples and real-life stories to illustrate their impact.

Marcia discusses: 

  • What annuities are and their importance in financial planning
  • The four types of annuities and their unique uses
  • How annuities can provide reliability and a steady income stream in retirement
  • Common misconceptions about annuities and the important factors to consider before investing in one
  • And more

 

Resources:

Connect with Marcia Miller: 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
The 3 Phases of Retirement, Part 3: The Retirement Phase with Matt Byars (Ep.13)

The 3 Phases of Retirement, Part 3: The Retirement Phase with Matt Byars (Ep.13)

By |

Don’t think of retirement as just a destination, but as the next exciting chapter of your life!

In this final installment of the 3 part series, the 3 Phases of Retirement, Marcia Miller and Matt Byars focus on the pivotal moment when one retires. Their conversation unwraps the layers of financial stability and fulfillment in retirement, offering insights and strategies curated for those standing at the brink of this significant life transition or already embracing it. Unpack the essence of comprehensive planning, income sources, and the often overlooked facets of estate and legacy planning, all tailored to help you live your best life post-work.

Marcia and Matt discuss: 

  • Navigating your finances in retirement from planning, to accumulation, to distribution.
  • Potential income sources in retirement, such as social security and the sale of a practice
  • The vital role of tax-efficient income streams and the impact of sequence of returns on your retirement savings
  • Estate and Legacy Planning: So your wealth serves your intended purpose beyond your lifetime
  • And more

 

Resources:

Connect with Marcia Miller: 

Connect with Matt Byars: 

 

About Our Guest: 

Matt Byars is a seasoned wealth management professional currently working at RFG Advisory whose journey began with a Finance major at UAB, followed by an MBA at Clemson University. He honed his skills on the institutional asset management side for the London Stock Exchange in Charlotte and New York City. Five years later, he realized the missing piece was a connection to community and family, prompting a return to Birmingham.

Now, in collaboration with Marcia, Matt is committed to serving clients in wealth management. Their work over the past few years has been exceptionally rewarding, making a positive impact on clients’ lives. Matt’s expertise, coupled with a genuine dedication to building connections, reflects his commitment to fostering meaningful community relationships.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More