Jensen Financial Group

Let’s face it. Regardless of how this Presidential election pans out, taxes are going to be a big debate. We’ve all heard the saying “what goes up must come down”, and vice versa. This is not a political discussion, but rather an observation.

As this chart shows, historically, taxes are actually quite low. It’s not going to happen overnight,
At the end of the day, as individuals we can’t change this. But what we can do, is position ourselves to take advantage of current lower rates before “stuff" hits the fan.
Most people’s savings are in IRA’s and 401K’s. When you’re ready (or technically when you "have to”) start taking RMDs $$ out - you get(have) to pay tax!
In layman’s terms…whether you’re in your 40’s, 50’s, 60’s, or 70’s, you can "pay now" at lower rates (i.e. on sale), or wait until they rise to who knows how much.

Reach out to me if you’d like to chat.

Job-changers who have a 401(k) are presented with a series of choices when transitioning:
1. Roll over the 401(k) savings into an individual retirement account (IRA).
2. Roll over the old 401(k) into a new 401(k) account — if permitted by the new employer.
3. Withdraw (“cash-out”) the old 401(k) assets.
4. Leave the money behind in the former employer’s 401(k) plan.
Everyone's situation is different.
I can help you see what's best for you!

Should I rollover my 401K from a previous job? Existing job? #RetirementLady #IRA #401K #Roth401K 🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtIDA?sub_confirmation=1🤝🤝BECOME OUR CLIENT:If you are interested in ...

Did you even know this??
Check out this short video I did last year. Still relevant today. Feel free to share!

Happy 59 1/2 Birthday!! #retirement #retirementplanning #retirementlady The magic age that allows us to access our retirement accounts - penalty free!🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXs...

Have you ever heard of Sequence of Returns Risk? It's something everyone will likely encounter at some point. It may not show up on your radar until you start taking money out of your savings. That's what our retirement savings is for, right?
Watch this short, less than 2 minute video to increase your awareness of how this could affect you in retirement. If this generates an "aha" moment for you, feel free to reach out to me to help make sure you will be prepared!

LinkedIn This link will take you to a page that’s not on LinkedIn

WHO KNOWS??
"Here's why the Fed isn't going to cut interest rates this year,
according to one market strategist"
or.........
"The Fed will slash rates 6 times this year as recession spreads
across the US and the job market deteriorates, market veteran
says"

Seriously… not even the “experts” know exactly what’s going to happen in the stock market in the next week/month/year. I.don’t.know.either.
What I do know though… is that there may be other ways to invest without losing money. Will they make you rich? No. But, it could help you from becoming poor, or outliving your money.

One reason Climbing Interest Rates might be Good News 🤓

Annuities! They function as a private pension. They can provide income for the rest of your life. Creating a private pension has become increasingly important because the percentage of workers in the private sector who have a pension is now 4%, down from 60% in the early 80s.

When interest rates rise, that often means better returns on annuities, especially for fixed and fixed index annuities. The third quarter of 2023 saw record growth in annuity sales: $89.4 billion! That's an 11% jump over the same quarter last year. Here's one reason why: recent interest rate hikes.

If you'd like to find out how recent interest rate hikes have affected annuities, or to find out if they makes sense for you, feel free to reach out to me! (Pic of my pups to grab your attention ❤️)

401(k)s are by far the most popular kind of retirement account used by working folks in the U.S., taking up nearly double the market share relative to their IRA counterparts. They are without a doubt the backbone of the world of retirement saving, meaning easy mistakes can quickly harm millions.
Chances are you already know alot about how to use a 401(k) properly, but perhaps not enough about WHAT NOT TO DO.
Our top 5 mistakes:
1) Not matching: A whopping 98% of employers that offer 401(k) plans are also offering a full or partial match, and not taking advantage of that is electing to miss out on free money. If your employer offers a 50% match on your contributions of up to 6% of your salary, and you make $50K, not only are you missing out on $1,500, of free money that year, but $1,500 per year and all of the capital gains and compounding that would come with that.
2) Not vesting: Although an employer match is technically free money, that money is sometimes not available to you until it’s considered “vested” — meaning you’re not eligible to keep those funds until a certain period of time has passed. Sometimes this is instant, but sometimes it takes years. Each employer is different. We understand that sometimes circumstances change and it makes sense to leave a position before that vesting takes place, but if you’ve accrued a significant amount of unvested match funds and the situation is salvageable, it would be worth another look.
3) Not making it a habit: The fire of compound interest burns the hottest when it’s consistently being stoked, not when we just throw on a log every once in a while. Not making saving a habit can eventually cost 401(k) holders thousands of dollars in the long run. As we’ve covered before, even a 1% auto-increase can make a big difference.
4) Not knowing your holdings: Although it seems pretty foundational, the reality is that it’s extremely common for 401(k) account holders to simply not know what they're invested in. It’s often easy to take the “set it and forget it” approach to an extreme here, but this lack of attention and optimization can yet again cost you thousands over the long haul.
5) Not picking the right account type: This falls right in line with letting your account go on autopilot. 401(k)s come in different flavors, all having different pros and cons for different situations. Not knowing the difference between a traditional 401(k) and a Roth 401(k), for example, can end up causing you to choose one that costs you more in taxes.

Love a good sale? Me too! Guess what.....Taxes are on sale!!
In fact, they are a BARGAIN now. (We're not talking about an Amazon bargain either 🙄).

👆Ed Slott, a nationally recognized IRA expert, often preaches that "Traditional IRA's are really just an IOU to the IRS". So what can you do about it 🧐?
👆Prepare! How? Specifically via your Traditional IRA/401K (regardless of your age... in fact - the earlier the better).
👆Get it out at the lowest tax rate and avoid penalties. How do you do that? 👆

Using Ed Slott's techniques, I help people identify their options and invest accordingly.
🙋‍♀️ PM me to discuss your situation and learn more!

Things you didn't know you can do with Life Insurance.🧐

- Build cash value over time, which can be borrowed against.
- Utilize the cash value to pay college tuition.
- Supplement retirement income using the cash value.
- Bridge the Social Security income gap.
- Create an inheritance beyond family, like Andrew Carnegie.
- Donate to charity, like YMCA founder George Williams did.
- Cover estate taxes, like family of a Miami Dolphins owner did
- Fund business succession plans, like J.C. Penney did.
- Settle debts, preventing them from burdening family.
- Cover funeral and final expenses.
- Access funds before death through a living benefits rider.
- Build cash value over time, which can be borrowed against.
- Utilize the cash value to pay college tuition.
- Supplement retirement income using the cash value.
- Purchase lottery tickets, like this Romanian mathematician.
- Invest in real estate, like Walt Disney did to fund Disneyland.
- Venture into cryptocurrency investments (at your own risk).
- Start a business, like Ray Kroc did to found McDonald's.
- Guarantee a mortgage loan.
- Cover medical bills for chronic or terminal illnesses.
- Secure life insurance for a child or grandchild.
- Equalize inheritance among children.
- Protect a business against financial loss of a key employee.
- Invest in art, stocks, etc
- Settle business loans upon a business owner's death.
- Fund travels or vacations (after the policyholder’s death).
- Fund a trust for dependents.
- Fund a business partner buyout agreement.
- Use as collateral for a loan, like the Rockefeller Center did.

Feel free to message me if you see something of interest for yourself or a loved one!

YOU DO NOT WANT TO MISS THIS!
Tomorrow Dec 6th 12 Noon EST

SHARE this with your friends/family:

Webinar with Tom Hegna -
Economist, Author, TV Host

He will cover:
1. Have a PLAN for Retirement
2. Maximize Social Security Benefits
3. Consider a Hybrid Retirement
4. Protect Your Savings from Inflation
5. Secure More Retirement Income
6. Have a Plan for Long-Term Care
7. Use Your Home Equity Wisely

Here is the registration link:

Welcome! You are invited to join a webinar: Don't Worry, Retire Happy!. After registering, you will receive a confirmation email about joining the webinar. "Don’t Worry, Retire Happy! Seven Steps to Retirement Security" is your guide to straight-forward retirement planning in uncertain times. In this presentation, Tom will simplify the retirement journey with his seven steps to retirement security. Learn how to make a trouble-free plan for retirement...

How many job moves have you taken in your life? Don't leave these behind too long or you might forget! Here's what you need to do:

What should you do with your 401(k) when you change jobs? #retirement #retirementplanning #savings 🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtIDA🤝🤝BECOME OUR CLIENT:If you are interested in becoming a client c...

https://youtu.be/6zwVTJZ9pSQ

Happy 59 1/2 Birthday!! #retirement #retirementplanning #retirementlady The magic age that allows us to access our retirement accounts - penalty free!🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXs...

https://youtu.be/a1uywABLM6Y

Make sure you watch all the way to the end for a 4 legged bonus! 🙈🙉

Roth IRA Conversions Explained #retirement #retirementplanning #retirementlady #rothconversion #tax What exactly is a Roth conversion, and why would someone want to do it? When should you do it, and when should you not do it?🔴🔴 SUBSCRIBE for more FREE tip...

The "retirement account" you didn't even know existed!

HSA 🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtIDA🤝🤝BECOME OUR CLIENT:If you are interested in becoming a client c...

If you are interested in iBonds but haven't invested in 2022 yet, be aware: The annual rate adjustment is happening in 2 weeks:
9.62% now, prediction is it will go to 6-7% effective Nov 1st. If it's on your list, don't wait until the last minute, as it typically takes a couple days to process.

Not sure what iBonds are? Here's a replay of my video from a few weeks ago:

What's up with I Bonds? #safeinvestment #financialplanning #collegefunding #retirementlady The HIGHEST rate ever earned since these were introduced in 1998 ! 🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtID...

Retirement is the goal of most people, but sometimes once you get there you start wondering if your timing was right. It's OK to take it slow.......

The rise of the Semi Retired life. #retirementplanning #retirementlady #retirement #financialadvisor 🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbi...🤝🤝BECOME OUR CLIENT:If you are interested in becoming a client contact us at :Je...

https://youtu.be/9So7NjvlPHU

Top 4 Concerns in Retirement #theretirementlady #retirement #retirementconcerns #retirementworries Four very common concerns about retirement, and how to prepare.Here's the Sequence of Returns video mentioned in the video:https://www.youtube.com/watch?v=tO...

https://youtu.be/PtPTblk6OuY

What's up with I Bonds? #safeinvestment #financialplanning #collegefunding #retirementlady The HIGHEST rate ever earned since these were introduced in 1998 ! 🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtID...

No kids gearing up for college? Feel free to share with someone who does!
https://youtu.be/3L3or7ehUFI

Save for College or Retirement ? #RetirementLady #Retirement #collegefunding Yes, college can be expensive. But retirement can often be more expensive. Here's a few tips on how to approach both life changing decisions.🔴🔴 SUBSCRIBE f...

Checkout my 5 minute video (and then feel free to share - don't forget to subscribe to my channel too! 😉). Let's do this!

https://youtu.be/7FkckVUClwk

PickleBall in Retirement? #Retirement #retirementplanning #funinretirement Yup-You read it right! PickleBall in retirement - or anytime! Come play - you’ll get hooked! Yes, I help people plan for retirement with their money, but wha...

Don't forget to subscribe to my channel:
https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtIDA...

Happy Hump Day!
It's that time....
We all have different lives and live them in different ways. Retirement may be soon, or it may be later - either way there's one thing for sure - It's never too early to start saving for retirement!

https://youtu.be/uKr7qY91BQA

What are the phases of retirement and how/when should I plan for them? #retirementlady #retirement We all have different lives and live them in different ways. Retirement may be soon, or it may be later - either way there's one thing for sure - It's neve...

Too early to think about ? Share with someone who isn't!

https://youtu.be/1kxwZrt7Dvc

When should I take Social Security? #retirementlady #retirementplanning #retirementincome There is no "perfect" time to start, but we crunched some numbers to give you an idea on how to choose the right time for you.🔴🔴 SUBSCRIBE for more FREE ti...

Do you LIKE paying taxes?? Then DO NOT watch this video!
https://youtu.be/g9urYgVS3tY

0% Tax Bracket in Retirement? #RetirementLady #retirementplanning #Income #retirementincome 0% - Is that even possible? I'll show you!🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtIDA🤝🤝BECOME OUR CLIENT:If...

Follow me ("i.e. subscribe") on my YouTube channel "The Retirement Lady"

https://youtu.be/FJ0tkulNdbk

What you need to know about your 401(k) #RetirementLady #freemoney #retirementplanning #retirement The 401K is one of the most widely used retirement accounts. Make sure you are not missing out on some valuable advice to take advantage of your 401K, and po...

Subscribe to my YouTube channel to learn more tips!
https://youtu.be/BGU1umYI6Vc

How much income will I need in retirement? #Retirement Lady #retirementplanning #income 🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtIDA🤝🤝BECOME OUR CLIENT:If you are interested in becoming a client c...

https://youtu.be/lODzEFLDStg

To ROTH, or not to ROTH- that is the question! #RetirementLady #401K #IRA #RothIRA #Roth401K 🔴🔴 SUBSCRIBE for more FREE tips: https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtIDA🤝🤝BECOME OUR CLIENT:If you are interested in becoming a client c...

https://www.youtube.com/watch?v=_jDjGbb-PJI&t=16s

Another volatile day in the markets. Do you know how your money is being managed? You might be surprised. Check out today's video for some insight.
https://www.youtube.com/watch?v=lVtaqtPqQlg

Tactical Investing 101 Would you like to sit and stare at your screen all day watching the markets? Enjoy your life and let the professionals take care of that!🔴🔴 SUBSCRIBE for m...

I’ve been working on this for a while and finally I am ready to get this party started! I started my own YouTube channel, The Retirement Lady, where I will regularly post videos.
Feel free to “subscribe” to my channel, which basically just means you will follow me on YouTube. (If you don’t already have a YouTube account you will have to set one up- it’s free! ). My goal is to keep them short (approximately 5 minutes) and address some common questions that I often get- you might even have an aha moment!
And just to be clear… You are never too young to start planning for retirement :-)

Here’s the link to my YouTube channel:
https://www.youtube.com/channel/UCNbid9kFWXsiX8KjsthtIDA
Subscribe… and feel free to SHARE!! 🤓