While a 401(k) is a great retirement investment vehicle, it also has some downsides. In this episode, I share 7 limitations to only investing in your 401(k).

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Check out the Resources to Plan Your Christian Retirement:

https://www.PlanYourChristianRetirement.com

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Who am I ?

Mike Potter is a Christian Financial Advisor, who specializes in Retirement Planning for 50+ year old Christians. Mike is a CERTIFIED FINANCIAL PLANNER® profession and owner of True Wealth Financial.

Mike has a standing policy that he’ll give anyone 30 minutes of his time, for no cost and with no obligation. If you have any questions, please feel free to schedule a conversation at the link below.

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Email Mike: mike@truewealth.show

Work with Mike: https://www.truewealthfg.com

Investing is the 2nd Pillar in the True Wealth Total Retirement System. But investing is not only about return, but also risk.

In this episode, I share some of the risks involved, do a deep dive on market risk, and explain how this impacts one's retirement.

https://www.portfoliovisualizer.com/backtest-portfolio

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Check out the Resources to Plan Your Christian Retirement:

https://www.PlanYourChristianRetirement.com

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Who am I ?

Mike Potter is a Christian Financial Advisor, who specializes in Retirement Planning for 50+ year old Christians. Mike is a CERTIFIED FINANCIAL PLANNER® profession and owner of True Wealth Financial.

Mike has a standing policy that he’ll give anyone 30 minutes of his time, for no cost and with no obligation. If you have any questions, please feel free to schedule a conversation at the link below.

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Email Mike: mike@truewealth.show

Work with Mike: https://www.truewealthfg.com

Investing is the 2nd Pillar in the True Wealth Total Retirement System. But investing changes, as one approaches retirement.

In this episode I share the two stages of investing, the dependencies between the two, and the different aspects or details of both phases.

We also have a retirement litmus test Use Case of Tom and Kay from Idaho.

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Check out the Resources to Plan Your Christian Retirement:

https://www.PlanYourChristianRetirement.com

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Who am I ?

Mike Potter is a Christian Financial Advisor, who specializes in Retirement Planning for 50+ year old Christians. Mike is a CERTIFIED FINANCIAL PLANNER® profession and owner of True Wealth Financial.

Mike has a standing policy that he’ll give anyone 30 minutes of his time, for no cost and with no obligation. If you have any questions, please feel free to schedule a conversation at the link below.

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Rachel wants to retire in two years at age 67 and she currently has $250k saved for retirement.

In this episode, I explore Rachel's use case to see if he has a feasible plan and 3 ways where we can possible improve it.

Check out the Resources to Plan Your Christian Retirement:

https://www.PlanYourChristianRetirement.com

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Who am I ?

Mike Potter is a Christian Financial Advisor, who specializes in Retirement Planning for 50+ year old Christians. Mike is a CERTIFIED FINANCIAL PLANNER® profession and owner of True Wealth Financial

Mike has a standing policy that he’ll give anyone 30 minutes of his time, for no cost and with no obligation. If you have any questions, please feel free to schedule a conversation at the link below.

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Email Mike: mike@truewealth.show

Work with Mike: https://www.truewealthfg.com

The One Big Beautiful Bill is making it's way through Congress.

In this episode, I detail 15 tax advantages for seniors found in the proposed legislation, that can help reduce your future retirement tax bill.

Who am I ?

Mike Potter is a Christian Financial Advisor, who specializes in Retirement Planning for 50+ year old Christians. Mike is a CERTIFIED FINANCIAL PLANNER® profession and owner of True Wealth Financial.

Mike has a standing policy that he’ll give anyone 30 minutes of his time, for no cost and with no obligation. If you have any questions, please feel free to schedule a conversation.

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Email Mike: mike@truewealth.show

Work with Mike: https://www.truewealthfg.com

The 2024 Social Security (OASI) Trustee Report again highlighted that under the current assumptions, the trust fund will be depleted in 2033.

With Social Security Benefits is 1 of the 4 potential sources of retirement income, it could have a plan.

In this episode, I detail what the administration is say, what it means, what you can do about it, and what I think will happen.

Who am I ?

Mike Potter is a Christian Financial Advisor, who specializes in Retirement Planning for 50+ year old Christians. Mike is a CERTIFIED FINANCIAL PLANNER® profession and owner of True Wealth Financial.

Mike has a standing policy that he’ll give anyone 30 minutes of his time, for no cost and with no obligation. If you have any questions, please feel free to schedule a conversation.

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Email Mike: mike@truewealth.show

Work with Mike: https://www.truewealthfg.com

Social Security Benefits is 1 of the 4 potential sources of retirement income, but there are also earning limits that may be in play as well.

In this episode, I explain how SSA earning tests work (with examples), how to handle them in practice, and a special rule that might be available to help avoid the reduction of benefits.

Who am I ?

Mike Potter is a Christian Financial Advisor, who specializes in Retirement Planning for 50+ year old Christians. Mike is a CERTIFIED FINANCIAL PLANNER® profession and owner of True Wealth Financial.

Mike has a standing policy that he’ll give anyone 30 minutes of his time, for no cost and with no obligation. If you have any questions, please feel free to schedule a conversation.

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Email Mike: mike@truewealth.show

Work with Mike: https://www.truewealthfg.com

Social Security Benefits is one of the 4 potential source of retirement income, but it's still taxed.

In this episode, I explain how it's taxed, give you some examples, and list 6 potential means to reduce the it.

Who am I ?

Mike Potter is a Christian Financial Advisor, who specializes in Retirement Planning for 50+ year old Christians. Mike is a CERTIFIED FINANCIAL PLANNER® profession and owner of True Wealth Financial.

Mike has a standing policy that he’ll give anyone 30 minutes of his time, for no cost and with no obligation. If you have any questions, please feel free to schedule a conversation.

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Email Mike: mike@truewealth.show

Work with Mike: https://www.truewealthfg.com