Your Money Your Wealth TB show logo, personal finance, retirement, investing strategies
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On Your Money, Your Wealth®, Joe Anderson and “Big Al” Clopine tell it like it is, addressing personal finance issues that really matter to pre-retirees and retirees including investing strategies, portfolio diversification, how to reduce taxes, creating retirement income, collecting Social Security benefits, how much you can spend in retirement, Roth IRA conversions and contributions, and more. We don’t push hot stocks, feed panic about the markets, or sell you on the latest investment scheme. Instead, on the irreverent and informative YMYW we offer retirement investing strategies that can help you retire successfully.

Retirement Plan Leakage: Keep More of What You Earn

Retirement Plan Leakage: Keep More of What You Earn

Duration 25m

Have you ever had a leak and it was so small you didn’t even notice – at least until you got your water bill? And then you are shocked – how could the bill be so big for a leak so small you didn’t even notice it? The same is true of leakage on your retirement plan, the truth is you probably already have leakage but have no idea that little by little you are losing money – money that over time adds up. Leaks in not one area of your retirement plan but multiple ones. In this episode of Your Money Your Wealth, Joe Anderson, CFP®, along with "Big" Al Clopine, CPA, explains what is leakage and what causes it and how to avoid it.