Retirement Planning Archives - Charles W. Rawl & Associates, LLC

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: Smart Investing|Tags: feature, 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, feature, Retirement Planning|

ROTH-O-MANIA!

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 the immediate revenue that Congress desperately needs. For retirement savers, these Roth options offer the promise of potential tax-free earnings and withdrawals down the road. Here are 5 new Roth savings opportunities brought by SECURE 2.0: Roth SEPs and SIMPLEs. Beginning in 2023, SEP and [...]

By cwrawl|January 23, 2023|Categories: Articles, IRA Best Practices, Smart Investing|Tags: IRAs, Retirement Planning, Roth IRA|

Update Your Beneficiary Forms

Naming the beneficiaries of your retirement assets may seem like an obvious task as you plan for the future, yet it is often one of the most overlooked. Failing to properly update your beneficiary forms can compromise the legacy you worked so hard to build. To help ensure your assets are handled properly after your death, click to download a Beneficiary Form Checklist. For professional assistance with your beneficiary forms, contact our office to schedule a time for a visit. Prepared by Andy Ives, CFP®, AIF® IRA [...]

By cwrawl|February 28, 2022|Categories: Articles, IRA Best Practices|Tags: Beneficiaries, Retirement Planning|

Is It Too Late to Open a Small Business Retirement Plan for 2021?

Establishing a small business retirement plan can be a Tax Savvy decision. By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport As we move into 2022, small business owners may be wondering whether they still have time to establish a new retirement plan for 2021. The short answer is: “It depends.” There are several retirement plan options especially designed for small business owners, including the self-employed. These include SEP IRAs, SIMPLE IRAs and Solo 401(k)s. All three can be opened up and maintained easily and [...]

By cwrawl|November 8, 2021|Categories: Articles, IRA Best Practices|Tags: Retirement Planning|

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.