#financialadvisor — Public Fediverse posts

The 401(k) Tax Bomb That Hits Retirees With $2.5 Million: $7,862 Monthly RMDs Plus IRMAA Surcharges

Quick Read $2.5M balance divided by 26.5 forces $94,340 RMD at 73, stacking to 40% effective marginal rate…
#NewsBeep #News #Personalfinance #Business #CA #Canada #Finance #financialadvisor #IRMAA #Magi #PersonalFinance #Rothconversions #taxableincome
https://www.newsbeep.com/ca/669011/

10 Elon Musk Quotes Every 40-Year-Old Should Live By

From his early role at PayPal to DOGE, Tesla, SpaceX, Starlink, and more, Elon Musk is certainly everywhere,…
#UnitedStates #US #USA #ElonMusk #financialadvisor #gettyimages #Musk #persistence
https://www.europesays.com/2986805/

https://www.europesays.com/ie/482133/ The Three-Bucket 401(k) Withdrawal Hack That Can Save Retirees Six Figures in Taxes #Business #CostBasis #Éire #FinancialAdvisor #IE #Ireland #MFJ #OrdinaryIncome #PersonalFinance #PersonalFinance #Retirement #RothIra #SocialSecurity #StandardDeduction #TaxableIncome

The Three-Bucket 401(k) Withdrawal Hack That Can Save Retirees Six Figures in Taxes

Quick Read $145,000 annual spend withdrawn tax-free stacks $32,300 401(k) plus $90,000 brokerage gains inside 0% LTCG bracket…
#NewsBeep #News #Personalfinance #Business #costbasis #Finance #financialadvisor #MFJ #ordinaryincome #PersonalFinance #Retirement #RothIRA #SocialSecurity #standarddeduction #taxableincome #UK #UnitedKingdom
https://www.newsbeep.com/uk/579867/

The $3.2 Million 401(k) Tax Bomb That Early Retirees Can Dodge With Strategic Conversions

Quick Read Converting $2.8M over 14 years at 17% blended rate cuts RMDs from $225K+ to under standard…
#NewsBeep #News #Personalfinance #AU #Australia #Business #conversion #Finance #Financialadvisor #IRMAA #PersonalFinance #SocialSecurity #standarddeduction #taxableincome
https://www.newsbeep.com/au/665026/

The $3.2 Million 401(k) Tax Bomb That Early Retirees Can Dodge With Strategic Conversions

Quick Read Converting $2.8M over 14 years at 17% blended rate cuts RMDs from $225K+ to under standard…
#NewsBeep #News #Personalfinance #AU #Australia #Business #conversion #Finance #Financialadvisor #IRMAA #PersonalFinance #SocialSecurity #standarddeduction #taxableincome
https://www.newsbeep.com/au/665026/

https://www.europesays.com/ie/479870/ The $3.2 Million 401(k) Tax Bomb That Early Retirees Can Dodge With Strategic Conversions #Business #conversion #Éire #FinancialAdvisor #IE #Ireland #IRMAA #PersonalFinance #PersonalFinance #SocialSecurity #StandardDeduction #TaxableIncome

The $3.2 Million 401(k) Tax Bomb That Early Retirees Can Dodge With Strategic Conversions

Quick Read Converting $2.8M over 14 years at 17% blended rate cuts RMDs from $225K+ to under standard…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #Conversion #FinancialAdvisor #IRMAA #PersonalFinance #socialsecurity #standarddeduction #taxableincome
https://www.newsbeep.com/us/636859/

The $3.2 Million 401(k) Tax Bomb That Early Retirees Can Dodge With Strategic Conversions

Quick Read Converting $2.8M over 14 years at 17% blended rate cuts RMDs from $225K+ to under standard…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #Conversion #FinancialAdvisor #IRMAA #PersonalFinance #socialsecurity #standarddeduction #taxableincome
https://www.newsbeep.com/us/636859/

A 60-Year-Old With $1.7 Million in a 401(k) Has Three Years to Execute the Most Consequential Tax Move of Retirement

Quick Read $310,000 Roth conversion at 17% effective rate before age 63 beats 24% RMD tax plus IRMAA…
#NewsBeep #News #Personalfinance #AU #Australia #Business #conversion #effectiverate #Finance #Financialadvisor #Medicare #PersonalFinance #Rothconversion #taxableaccount
https://www.newsbeep.com/au/662474/

A 60-Year-Old With $1.7 Million in a 401(k) Has Three Years to Execute the Most Consequential Tax Move of Retirement

Quick Read $310,000 Roth conversion at 17% effective rate before age 63 beats 24% RMD tax plus IRMAA…
#NewsBeep #News #Personalfinance #AU #Australia #Business #conversion #effectiverate #Finance #Financialadvisor #Medicare #PersonalFinance #Rothconversion #taxableaccount
https://www.newsbeep.com/au/662474/

A 60-Year-Old With $1.7 Million in a 401(k) Has Three Years to Execute the Most Consequential Tax Move of Retirement

Quick Read $310,000 Roth conversion at 17% effective rate before age 63 beats 24% RMD tax plus IRMAA…
#NewsBeep #News #Personalfinance #Business #conversion #effectiverate #Finance #financialadvisor #Medicare #PersonalFinance #Rothconversion #taxableaccount #UK #UnitedKingdom
https://www.newsbeep.com/uk/576844/

https://www.europesays.com/uk/951114/ A 60-Year-Old With $1.7 Million in a 401(k) Has Three Years to Execute the Most Consequential Tax Move of Retirement #Business #Conversion #EffectiveRate #Finance #FinancialAdvisor #medicare #PersonalFinance #RothConversion #TaxableAccount #UK #UnitedKingdom

https://www.europesays.com/ie/478182/ How Your 401(k) Is Quietly Adding $3,500 a Year to Your Medicare Premium #Business #Éire #FinancialAdvisor #IE #Ireland #IRMAA #MAGI #Medicare #MedicareBill #ModifiedAdjustedGrossIncome #PersonalFinance #PersonalFinance #RothConversions #SocialSecurity

https://www.europesays.com/ie/478062/ A 60-Year-Old With $1.7 Million in a 401(k) Has Three Years to Execute the Most Consequential Tax Move of Retirement #Business #conversion #EffectiveRate #Éire #FinancialAdvisor #IE #Ireland #Medicare #PersonalFinance #PersonalFinance #RothConversion #TaxableAccount

https://www.europesays.com/ie/477217/ The Nationwide Social Security Survey Says Most Americans Are Flying Blind on Benefits, Here’s the Income Strategy That Fills the Gap #Business #BusinessDevelopmentCompany #Éire #FinancialAdvisor #IE #Ireland #Johnson&Johnson #MainStreetCapitalCorporation #PersonalFinance #PersonalFinance #Retirement #RetirementIncome #SocialSecurity

https://www.europesays.com/ie/475803/ How To Use 4 Accounts To Build a Tax-Free Retirement Income Stream #Business #Éire #FinancialAdvisor #HSAAccounts #IE #IncomeTax #Ireland #PersonalFinance #PersonalFinance #Retirement #RetirementIncome #RothIra

Why 56% of Americans Are Losing the Inflation Fight Before Retirement Even Starts

earth phakphum / Shutterstock.com Quick Read Inflation remains the single biggest obstacle t…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Americanadults #Americanhouseholds #Business #coreinflation #FinancialAdvisor #financialsecurity #growthassets #headlineinflation #healthcarecosts #householdincome #LaborMarket #PersonalFinance #savingsrates
https://www.newsbeep.com/us/624305/

Why 56% of Americans Are Losing the Inflation Fight Before Retirement Even Starts

earth phakphum / Shutterstock.com Quick Read Inflation remains the single biggest obstacle t…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Americanadults #Americanhouseholds #Business #coreinflation #FinancialAdvisor #financialsecurity #growthassets #headlineinflation #healthcarecosts #householdincome #LaborMarket #PersonalFinance #savingsrates
https://www.newsbeep.com/us/624305/

Retirement Participation Is Up, The Bottom Half of Earners Saw Their Balances Fall to $54,700

fadfebrian / Shutterstock.com Quick Read Retirement plan participation hit a post-2010 high i…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #automaticenrollment #bottomhalf #Business #FinancialAdvisor #headcountenrollment #incomedistribution #Participants #participation #participationrates #PersonalFinance #retirement #retirementplan
https://www.newsbeep.com/us/618084/

Retirement Participation Is Up, The Bottom Half of Earners Saw Their Balances Fall to $54,700

fadfebrian / Shutterstock.com Quick Read Retirement plan participation hit a post-2010 high i…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #automaticenrollment #bottomhalf #Business #FinancialAdvisor #headcountenrollment #incomedistribution #Participants #participation #participationrates #PersonalFinance #retirement #retirementplan
https://www.newsbeep.com/us/618084/

https://www.europesays.com/ch/58318/ UBS hires Financial Advisor Luke Naes in Boulder, Colorado #BankOfAmerica #BOULDER #FinancialAdvisor #FinancialPriorities #InvestmentStrategies #LukeNaes #MitchMarkley #PortfolioManagement #PrivateWealthManagement #SeniorMarketDirector #TylerHutchens #UBS

A 66-Year-Old With $1.1 Million Discovers the Tax Bomb Hiding Inside Her Traditional IRA

A $1.1 million traditional IRA combined with $33,600 in Social Security income triggers taxation of 85% of her…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #federaltaxbill #FinancialAdvisor #IRAbalance #IRAwithdrawal #IRAwithdrawals #PersonalFinance #retirement #rothira #socialsecurity #taxbrackets #traditionalIRA
https://www.newsbeep.com/us/599084/

A 66-Year-Old With $1.1 Million Discovers the Tax Bomb Hiding Inside Her Traditional IRA

A $1.1 million traditional IRA combined with $33,600 in Social Security income triggers taxation of 85% of her…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #federaltaxbill #FinancialAdvisor #IRAbalance #IRAwithdrawal #IRAwithdrawals #PersonalFinance #retirement #rothira #socialsecurity #taxbrackets #traditionalIRA
https://www.newsbeep.com/us/599084/

https://www.europesays.com/ie/447358/ A 66-Year-Old With $1.1 Million Discovers the Tax Bomb Hiding Inside Her Traditional IRA #Business #Éire #FederalTaxBill #FinancialAdvisor #IE #IRABalance #IRAWithdrawal #IRAWithdrawals #Ireland #PersonalFinance #PersonalFinance #Retirement #RothIra #SocialSecurity #TaxBrackets #TraditionalIRA

https://www.europesays.com/ie/442544/ 5 money habits cost him over C$1M — Canadians should avoid these wealth-draining traps #BuildWealth #Business #Canada #CanadianInvestors #Canadians #DaveRamsey #Éire #FinancialAdvisor #HumphreyYang #IE #Ireland #PersonalFinance #PersonalFinance

5 money habits cost him over C$1M — Canadians should avoid these wealth-draining traps

Humphrey Yang Humphrey Yang — who spent years as a financial advisor and now shares personal finance advice…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #buildwealth #Business #Canada #Canadianinvestors #Canadians #DaveRamsey #FinancialAdvisor #HumphreyYang #PersonalFinance
https://www.newsbeep.com/us/592899/

5 money habits cost him over C$1M — Canadians should avoid these wealth-draining traps

Humphrey Yang Humphrey Yang — who spent years as a financial advisor and now shares personal finance advice…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #buildwealth #Business #Canada #Canadianinvestors #Canadians #DaveRamsey #FinancialAdvisor #HumphreyYang #PersonalFinance
https://www.newsbeep.com/us/592899/

Money Pitfalls To Avoid in Every Decade of Life, According to Humphrey Yang

Sun, April 12, 2026 at 8:30 PM UTC In a recent video, financial advisor and influencer Humphrey Yang…
#NewsBeep #News #Personalfinance #AU #Australia #Business #Finance #Financialadvisor #financialmistakes #HumphreyYang #LosingMoney #PersonalFinance #retirementplan
https://www.newsbeep.com/au/612688/

Money Pitfalls To Avoid in Every Decade of Life, According to Humphrey Yang

Sun, April 12, 2026 at 8:30 PM UTC In a recent video, financial advisor and influencer Humphrey Yang…
#NewsBeep #News #Personalfinance #AU #Australia #Business #Finance #Financialadvisor #financialmistakes #HumphreyYang #LosingMoney #PersonalFinance #retirementplan
https://www.newsbeep.com/au/612688/

Money Pitfalls To Avoid in Every Decade of Life, According to Humphrey Yang

Sun, April 12, 2026 at 8:30 PM UTC In a recent video, financial advisor and influencer Humphrey Yang…
#NewsBeep #News #Personalfinance #Business #Finance #financialadvisor #financialmistakes #HumphreyYang #losingmoney #PersonalFinance #retirementplan #UK #UnitedKingdom
https://www.newsbeep.com/uk/535749/

Money Pitfalls To Avoid in Every Decade of Life, According to Humphrey Yang

Sun, April 12, 2026 at 8:30 PM UTC In a recent video, financial advisor and influencer Humphrey Yang…
#NewsBeep #News #Personalfinance #Business #CA #Canada #Finance #financialadvisor #financialmistakes #HumphreyYang #LosingMoney #PersonalFinance #retirementplan
https://www.newsbeep.com/ca/609988/

https://www.europesays.com/uk/900382/ Money Pitfalls To Avoid in Every Decade of Life, According to Humphrey Yang #Business #Finance #FinancialAdvisor #FinancialMistakes #HumphreyYang #LosingMoney #PersonalFinance #RetirementPlan #UK #UnitedKingdom

https://www.europesays.com/ie/439655/ Money Pitfalls To Avoid in Every Decade of Life, According to Humphrey Yang #Business #Éire #FinancialAdvisor #FinancialMistakes #HumphreyYang #IE #Ireland #LosingMoney #PersonalFinance #PersonalFinance #RetirementPlan

Money Pitfalls To Avoid in Every Decade of Life, According to Humphrey Yang

Sun, April 12, 2026 at 8:30 PM UTC In a recent video, financial advisor and influencer Humphrey Yang…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #FinancialAdvisor #financialmistakes #HumphreyYang #losingmoney #PersonalFinance #retirementplan
https://www.newsbeep.com/us/589077/

Money Pitfalls To Avoid in Every Decade of Life, According to Humphrey Yang

Sun, April 12, 2026 at 8:30 PM UTC In a recent video, financial advisor and influencer Humphrey Yang…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #FinancialAdvisor #financialmistakes #HumphreyYang #losingmoney #PersonalFinance #retirementplan
https://www.newsbeep.com/us/589077/

I’m a Financial Advisor: These Are the 5 Questions I Wish New Clients Asked

Goodboy Picture Company / Getty Images When you first meet with a financial advisor to see if they’re…
#NewsBeep #News #Personalfinance #AndrewLokenauth #AU #Australia #Business #certifiedfinancialplanner #Finance #Financialadvisor #investments #PersonalFinance
https://www.newsbeep.com/au/569639/

I’m a Financial Advisor: These Are the 5 Questions I Wish New Clients Asked

Goodboy Picture Company / Getty Images When you first meet with a financial advisor to see if they’re…
#NewsBeep #News #Personalfinance #AndrewLokenauth #AU #Australia #Business #certifiedfinancialplanner #Finance #Financialadvisor #investments #PersonalFinance
https://www.newsbeep.com/au/569639/

https://www.europesays.com/ie/342308/ I’m retired at 62 with a secure nest egg — do I still need a financial advisor, or should I cut the fees and go solo? #AdvisoryFees #Business #DaveRamsey #Éire #FinancialAdvisor #FinancialPlanning #IE #Ireland #LongevityRisk #PersonalFinance #PersonalFinance #PortfolioManagement #Retirement #SmartAsset #SocialSecurity

"Should you use AI for financial advice?

Andrew Lo, a finance professor at the Massachusetts Institute of Technology’s Sloan School of Management, says not yet. Large language models like Copilot or ChatGPT aren’t suited to being used as financial advisers because they are the digital equivalent of sociopaths—smooth, persuasive and devoid of empathy.

If an adviser powered by artificial intelligence “is able to communicate both good and bad financial advice with the same pleasant and convincing affect, its clients will rightfully view this as a problem,” Lo and one of his graduate students, Jillian Ross, wrote in 2024 in an article for the Harvard Data Science Review. (Today’s robo advisers, like those offered by Betterment and Wealthfront, went into action before the era of large language models and aren’t built on them for the most part, so Lo’s critiques don’t apply to them.)

Still, people are already using AI tools for help with their finances.
This past August, a survey of 11,000 individual investors in 13 countries commissioned by eToro, a trading and investment platform, found that 19% were already using ChatGPT-style AI tools to manage their portfolios, up from 13% in 2024.
(...)
Despite his reservations about current AI models, Lo believes that large language models will eventually be able to help investors—especially people with small accounts and limited experience with investing. In fact, he is working to build one that is specialized for financial advice. He doesn’t plan to charge for it, he says.

Lo’s goal is to develop an AI financial adviser that is a true fiduciary—namely, an entity that always puts the client’s interests first and tailors its advice to their particular needs, including emotional needs. He thinks it will take something less than four more years."

https://www.wsj.com/tech/ai/ai-chatbot-financial-advice-mit-2dc76348

#AI #RoboAdvisors #FinancialAdvisor #Chatbots #Sociopathy #FinancialEthics

3 Traditional Retirement Rules You Can Ignore Now

Planning for retirement often requires a dynamic approach to decision-making, rather than following a cookie-cutter formula. While saving…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #FinancialAdvisor #InterestRates #PersonalFinance #retirementplan #retirementplanning
https://www.newsbeep.com/us/436795/

Ah, the classic “blame the regulator” routine, as if Lina Khan personally programmed the Roomba to eat our stock portfolios. 🤑 Meanwhile, we're all stuck in an endless loop of enabling JavaScript just to read why our robot vacuum is now a financial advisor. 🤖💸
https://www.thebignewsletter.com/p/how-wall-street-ruined-the-roomba #blameTheRegulator #RoombaInvestments #JavaScriptLoop #financialAdvisor #techHumor #HackerNews #ngated

The Money Doctor
2024, Crime - 32 min

https://topdocumentaryfilms.com/money-doctor

This is a #documentary that explores the story of #NeilGallagher, a #financialadvisor who exploited the trust of his mostly #Christian clientele in #FortWorth, #Texas. Gallagher, nicknamed the "#MoneyDoctor," positioned himself as a devout Christian and used #faithbased #marketing to attract and gain the trust of his clients.

Can anyone recommend a financial advisor in Dublin? Someone you worked with that you liked? #financialadvice #financialadvisor

Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues - Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Globa... - https://news.bitcoin.com/gemini-forms-creditors-committee-with-houlihan-lokey-to-resolve-genesis-liquidity-issues/ #genesisliquidityissues #houlihanlokeyadvisor #cameronwinklevoss #pausedwithdrawals #financialadvisor #cryptoexchange #geminiexchange #houlihanlokey #restructuring #databaseleak #earnprogram #genesis

Hi everyone! I’m an investing and financial planning columnist at MarketWatch. I’m interested in all things related to money, which is basically everything. Where are my #CFP #CPA #enrolledagents #taxes #insurance #investing #personalfinance #financialplanning #financialadvisor #economics #money #banking folks to connect with?

Did some adulting to start moving retirement stuff around. It is a terrifying and harrowing experience when you find out everything relies on paper and security questions.

Glad I have someone to walk me through it and tell me that, yes, this sounds awful but it’s normal.

#financialadvisor #securitynightmares

American Express taps startup BodesWell for expansion into financial planning - American Express is branching out into financial planning, with a little help from... - http://feedproxy.google.com/~r/Techcrunch/~3/kTophFMlF-A/ #financialadvisor #americanexpress #fundings&exits #venturecapital #startupcompany #recentfunding #brianhalligan #cleocapital #startups #finance #funding #fintech #kintent #planner #startup #boston #money #amex #tc

Money Minx aims to build a ‘Personal Finance’ OS for the everyday investor - New regulations are making it easier to invest in alternative assets via crowdfund... - http://feedproxy.google.com/~r/Techcrunch/~3/ax6sjZ2cYDs/ #artificialintelligence #entrepreneurship #financialadvisor #cryptocurrency #startupcompany #cryptoeconomy #crowdfunding #moneyminx #startups #sandiego #truebill #finance #fintech #startup #money #apps #saas #tc

SunCulture wants to turn Africa into the world’s next bread basket, one solar water pump at a time - The world’s food supply must double by the year 2050 to meet the demands from a growing population, ... - http://feedproxy.google.com/~r/Techcrunch/~3/AOiDuhgsZnw/ #alternativeenergy #newyorkuniversity #financialadvisor #renewableenergy #unitednations #unitedstates #agriculture #electricity #solarenergy #co-founder #eastafrica #foodsupply #solarpower #economist #foodwaste #articles