No BS Money Guy Todd Strobel is bringing back special guest and Licensed Financial Advisor Gina Wells of Advanced Capital Group.
Gina is a GM Spouse, daughter and specializes in helping retirees to maximize their assets, minimize their risk so they can have the long enjoyable retirement promised to them in exchange for their many years of dedicated service.
The last several years have been very difficult for retirees who have little bargaining power since they are no longer working. This months announcement of a pension cash buyout or transfer of servicing to Prudential has many angry and concerned.
The retiree must make the proper decision by the July 20th Deadline. Gina points out that many retirees are much better off in the long term with allowing Prudential to take over and finish paying out the pension according to their original terms.
Still others would be best served in taking the cash settlement and moving it into an IRA. This option allows for investment in stocks, bonds, mutual funds, fixed accounts and even real estate and may be eligible to pass on to the next generation. Something that is not possible under the standard pension option.
Gina will be discussing the questions every single retiree must ask. The potential risks and rewards available. Finally how to make sure you get what is best for you and how avoid being sold and getting stuck in the wrong choice.
Access: No COST Resources discussed on show
Advanced Capital Group: 810-579-5808
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