End of Year Checklist: Preparing for Your Retirement
Speaker 1 0:02It’s going to be a big year for those who are planning to retire in 2025 If that’s you, we’ve got some things that you need to do before saying goodbye to 2024 That and more today on Retire Smart Maryland Radio. Speaker 2 0:20Welcome in to Retire Smart Maryland Radio with Prashant […]
The Changing Seasons of Retirement and How to Prepare
Speaker 1 0:01For coming up on today’s show, we’re going to celebrate the changing of the seasons and make sure that you don’t get left out in the cold. Don’t miss our special seasonal tips that you need to know for maximum financial success, from the sunny start of spring to the freezing chill of […]
Feelings That Shape Your Financial Future
Speaker 1 0:01So today on Retire Smart Maryland Radio, it’s time to get in touch with your feelings. We all have six main emotions, and we’re going to talk about making each and every one of them work for you, so that your financial future feels comfortable. Speaker 2 0:19Welcome in to Retire Smart Maryland […]
Cooking Up Your Perfect Retirement Plan
Speaker 1 0:03While we all understand the importance of saving for retirement, the multitude of choices and financial advice can often leave us feeling overwhelmed. To simplify the process, we’ll explore some crucial retirement guidelines that can help you navigate your retirement strategy. All that and more today on Retire Smart Maryland Radio. Speaker 2 […]
Mastering The Moving Parts of Retirement
Speaker 1 0:02Most of the financial articles you read are about the importance of saving for your retirement. Now, saving is important, but saving alone isn’t always enough to retire successfully. Retirement has a lot of moving parts, and we’ll break it all down today on Retire Smart Maryland Radio. Speaker 2 0:22Welcome Speaker 2 […]
Prescription for Financial Health in Retirement
Speaker 1 0:01For coming up today on Retire Smart Maryland Radio, we’re going to write you a prescription for financial health and talk about seven financial diseases that retirees should avoid. Stay with us if you want to stay healthy, wealthy, and happy through your retirement. Announcer 0:22Welcome to in to Retire Smart Maryland Radio […]
Retirement Planning for Couples: How to Align Your Goals
TL;DR: Retirement planning for couples is about more than saving—it’s about building one coordinated financial strategy. Couples should align their vision, translate goals into clear financial targets, coordinate income and investment strategies, and follow a structured process to stay on track. When done well, this creates clarity, reduces conflict, and supports long-term financial confidence. Retirement […]
403(b) Retirement Plans: What They Are and How They Work
TL;DR: A 403(b) Retirement Plan is a tax-advantaged savings option designed for employees of public schools, nonprofits, and certain religious organizations. This blog explains how it works, its benefits, and how it can support your long-term retirement strategy. Contribute pre-tax income through payroll deductions, allowing for tax-deferred growth over time Employers may offer matching contributions to […]
7 Retirement Rules You Need to Know Before You Stop Working
TL;DR: These seven retirement rules outline the deadlines, penalties, and decisions you need to address before you stop working. Get them right and you protect your income, your savings, and your retirement timeline. The IRS charges a 10% early withdrawal penalty on tax-deferred accounts tapped before age 59½, on top of ordinary income taxes The 4% […]
Are Life Insurance Proceeds Taxable? Key Facts and IRS Guidelines
TL;DR: If you’re wondering “Are life insurance proceeds taxable?”, the answer is usually no. According to the IRS, most life insurance death benefits are not considered taxable income. However, certain situations—such as interest earnings, policy transfers, or estate inclusion—can create tax implications. This guide explains when taxes may apply and how life insurance fits into […]