Marc Geels emphasizes the critical importance of having a comprehensive financial plan for retirement. He discusses various financial gaps that individuals may face, including knowledge, resources, perception, and empowerment gaps. The conversation highlights the need for education, professional advice, and a proactive approach to retirement planning to ensure financial security and peace of mind. To learn more visit EFS4U.com or call 712-224-4651.

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Marc Geels discusses the increasing threat of cybercrime and identity theft, highlighting recent data breaches and scams. The main focus is on protecting personal information and taking proactive measures to prevent fraud. The conversation covers topics such as freezing credit, monitoring credit reports, and being cautious of phishing scams. The host emphasizes the importance of seeking advice from trusted advisors and staying informed about current scams. To learn more visit EFS4U.com or call 712-224-4651.

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When nearing retirement, it's crucial to have a written plan and understand how it will work. The top three major things to plan for are the expiration of the Tax Cut and Jobs Act, the outcome of the upcoming elections, and the finalization of beneficiary distributions for inherited IRAs. It's important to have a plan B in place for these uncertainties and to start planning early. Additionally, it's recommended to have five to ten years' worth of income set aside for retirement and to be cautious when retiring at the top of a bull market. To learn more visit EFS4U.com or call 712-224-4651.

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In this conversation, Marc and Steve discuss the current state of the economy and the potential for interest rate cuts. They explore the historical context of rate cuts and the risks associated with cutting rates too quickly. They also emphasize the importance of reviewing investment allocations and considering diversification to protect retirement assets. The conversation then shifts to the topic of charitable giving and strategies for maximizing tax efficiency. They discuss the benefits of donor-advised funds and qualified charitable distributions. To learn more visit EFS4U.com or call 712-224-4651.

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This week Marc Geels digs into estate planning and how you can prepare the right plan for you. He also offers some tips on ways to distribute the estate effectively and tax efficiently. That and more on Marc on Money. To learn more visit EFS4U.com or call 712-224-4651.

Originally posted August 4, 2023

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A new year with new resolutions. The question is, how long will they last. Marc Geels has some ways you can execute and succeed at improving your finances and reaching your financial planning goals in 2024. That and more on Marc on Money. To learn more visit EFS4U.com or call 712-224-4651.

This was orginally released on January 16, 2024

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In this conversation, Marc and Steve discuss low-risk investment options and alternatives for cash. They cover topics such as real estate investments, including rental properties and 1031 exchanges, as well as the benefits of owning individual bonds versus bond funds. They also explore the importance of managing cash effectively and highlight the potential returns that can be earned by investing in higher-yielding options. The conversation concludes with a discussion on structured notes and the need for a diversified investment plan based on the purpose of the money. To learn more visit EFS4U.com or call 712-224-4651.

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In this conversation, Marc Geels discusses the importance of having a written plan for retirement and the role of a financial advisor in helping individuals navigate the complexities of retirement planning. He highlights some new rules and strategies that have emerged in retirement planning, such as Roth accounts in defined contribution plans and the ability to receive matching contributions from employers for student loan payments. Marc also emphasizes the significance of understanding sequence of return risk and the need for a comprehensive retirement plan that includes considerations for housing, working in retirement, and estate planning. To learn more visit EFS4U.com or call 712-224-4651.

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