Smart Investing Archives - Charles W. Rawl & Associates, LLC

Smart Investing

These articles are intended to help investors build wealth during working years, while planning for the transition from wealth accumulation to sustainable, tax-minimized retirement income and a lasting legacy.

Identifying New Risks is Key to Achieving a Fully Risk Managed Retirement Plan

It’s all about preserving and protecting what you’ve worked a lifetime to build You’ve worked your entire life managing a myriad of risks in all areas of life. In the working years, we are exposed to risks quite different from retirement risks. Before retirement, we are confronted with the risks of redundancy and downsizing, businesses failing, economies collapsing, mortgages being put under pressure or stress, and quite a few more. Entering retirement means facing a whole new set of risks. Becoming risk managed in retirement is all about [...]

By cwrawl|November 15, 2024|Categories: Articles, Smart Investing|Tags: Retirement Planning, Risk Managed|

Diversification of Income Streams is Key to Achieving an Income Maximized Retirement Plan

Tailored strategies create income streams from multiple, diversified sources One critical outcome in your retirement income plan is to become income maximized. This may seem obvious, but not so easily achieved. We can’t snap our fingers and immediately turn a portfolio that’s been accumulation-focused for years into an income maximized portfolio designed to provide a lifelong retirement income stream. Becoming income maximized helps you do more than “only making your money last up to your finish line.” It helps you get past your finish line and allows the [...]

By cwrawl|November 1, 2024|Categories: Articles, Smart Investing|Tags: Income Maximized, Retirement Planning|

Tax Diversification is Key to Achieving a Tax Savvy Retirement Income Plan

A tax-savvy plan contains money in three tax buckets One critical outcome in your retirement income financial planning – on the journey toward a Wonderfully Rich Retirement – is for your plan to become tax savvy. It’s important to manage your taxes each year, and even more important to manage your lifelong taxes. A tax savvy retirement income plan means managing both annual and lifelong tax obligations. It contains money in each of three tax buckets: pre-tax income, such as from your 401(k) account or IRA; after-tax income, [...]

By cwrawl|October 11, 2024|Categories: Articles, Smart Investing|Tags: Retirement Planning, Tax Savvy|

How to Find the Retirement Strategy That Works for You

A retirement strategy designed for your needs You want a retirement strategy that’s based on your situation and designed for your needs and your comfort level, rather than relying on a one-size-fits-all approach. Feeling overwhelmed by the dizzying array of retirement advice that seems to be all around — on the internet, in your mailbox, in the news or from a neighbor or relative? Have you ever been to a seminar or met with a financial adviser and felt like you were a square peg being forced into a [...]

By cwrawl|June 9, 2023|Categories: Articles, Smart Investing|Tags: As seen in Kiplinger, Retirement Planning|

ROTH-O-MANIA!

As a member of Ed Slott’s Master Elite IRA Advisor Group, Mr. Rawl has direct access to Ed and his team of IRA experts. Ed Slott and Company is a valuable resource for knowing the facts and applying that to artful IRA planning. By Sarah Brenner, JD IRA Analyst SECURE 2.0 is now the law of the land and one thing is very clear. Roth-O-Mania is here! In their quest for more revenue, Congress has created more options to save with Roth accounts. These accounts bring in [...]

By cwrawl|January 23, 2023|Categories: Articles, Smart Investing, The Slott Report|Tags: IRAs, Retirement Planning, Roth IRA|

Tax-Savvy Charitable Giving With QCDs Can Benefit Both Giver and Receiver

A qualified charitable distribution, or QCD, might be the answer for you – but watch those rules. Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that. What approach is efficient, provides the tax benefits you’re after, and also is advantageous for the charity that’s on the receiving end? One possibility is a qualified charitable distribution (QCD), a tax-savvy way to reduce your taxable income and maximize your donations, whether you itemize deductions on your [...]

By cwrawl|October 12, 2022|Categories: Articles, Smart Investing|Tags: As seen in Kiplinger, IRAs, QCDs, Taxes|

Long-Term Impact of Short-Term Inflation on Health Care Costs in Retirement

Even if inflation is only “transitory,” the long-term effect of inflation on health care costs in retirement can be dramatic. In the not-too-distant future, a healthy couple’s lifetime retirement health costs may exceed their lifetime Social Security Benefits. Please read this HealthView Services 2022 Healthcare Cost Report. A well-thought out retirement income plan must be income maximized and risk managed. View and Print this PDF About HealthView Services HealthView Services is a leading provider of health care cost-projection software. Its [...]

By cwrawl|April 29, 2022|Categories: Articles, Smart Investing|Tags: Health Costs|

Should You Defer Your Taxes Until Retirement?

When it comes to taxes, there’s an expensive difference between smart planning and just plain procrastination. At Charles W. Rawl & Associates, we strive to achieve three Critical Outcomes. Critical Outcome #1 is that our retirement income plan is Tax Savvy. Sometimes it is necessary to throw out conventional wisdom! Tax deferral can be a powerful incentive for funding a retirement account. It is difficult to ignore the allure of a plan that allows you to save on taxes now as you save money [...]

By cwrawl|November 19, 2019|Categories: Articles, Smart Investing|Tags: As seen in Kiplinger, Taxes|

Charlie Rawl is keenly focused on helping his clients work toward their retirement dreams through a comprehensive financial strategy. He has distinguished himself throughout his career as a troubleshooter and problem-solver, designing and implementing creative solutions to often-complex challenges.

He has three decades of experience in financial services, encompassing commercial banking, insurance and investment management. This diverse experience gives him an invaluable perspective in conducting detailed analyses and creating state-of-the-art wealth management and retirement income solutions.