George Gadsden DipPFS’ Post

Whether you’ve got 20 years before you retire or just a few, it’s important to have an idea of just how much money you’ll need for a comfortable lifestyle once you stop earning a regular salary. https://lnkd.in/dvRhDYR #richardsonhewittfinancialplanning #retirementplanning #financialadvice

Whether you’ve got 20 years before you retire or just a few, it’s important to have an idea of just how much money you’ll need for a comfortable lifestyle once you stop earning a regular salary. https://lnkd.in/e3Jgxey #richardsonhewittfinancialplanning #retirementplanning #financialadvice

Whether you’ve got 20 years before you retire or just a few, it’s important to have an idea of just how much money you’ll need for a comfortable lifestyle once you stop earning a regular salary #RetirementPlanning #FinancialPlanning 

Whether you’ve got 20 years before you retire or just a few, it’s important to have an idea of just how much money you’ll need for a comfortable lifestyle once you stop earning a regular salary. #financialplanning #retirementstrategy

Whether you’ve got 20 years before you retire or just a few, it’s important to have an idea of just how much money you’ll need for a comfortable lifestyle once you stop earning a regular salary. #financialplanning #wealthadvice #wealthplanning https://lnkd.in/eic8JVjY

Is taking a $40k pay cut worth the benefits and security of a government role with a defined benefit pension plan?   #CareerAdvice #WorkLifeBalance #PensionPlan Hey everyone! 💼💭 Is a 40k pay cut worth it? 🤔 Let's dive into this dilemma together! So, I'm currently facing a tough decision. I have a great paying job that I love, but there's uncertainty about the company's future. On the other hand, I have an offer for a government role with a significant pay cut, but it comes with benefits and a pension plan. ... Source: https://lnkd.in/egf4j83j #mymetric360

In the world of retirement plan administration, precision is key ?– especially when it comes to compensation definitions. Misinterpretation here can have cascading effects, potentially impacting employee savings and even leading to regulatory penalties. Check out these prevention strategies: ?Thorough Plan Document Review: Ensure that your plan documents clearly define compensation for all purposes, including deferrals and matching contributions. ?Regular Training: Keep your HR and payroll teams informed about the specifics of your plan's compensation definitions. ?Consistent Audits: Conduct regular internal or external audits to ensure ongoing compliance with the plan's terms. If you need any assistance or have questions about your retirement plan, don't hesitate to contact us ☎️. We're here to help! In short, paying close attention to details and thoroughly understanding your plan’s compensation definitions can help prevent costly mistakes and ensure a stable financial future for your employees?. #BusinessBenefits #TeamSuccess #SecureYourFuture #FinancialFreedom #MichaelJohnson #Fiduciary #IvybridgeWealthAdvisors #Janney #BusinessOwners 302-516-1772 | michael@ivybridgewealth.com | https://lnkd.in/gwRX6cjv

In the world of retirement plan administration, precision is key ?– especially when it comes to compensation definitions. Misinterpretation here can have cascading effects, potentially impacting employee savings and even leading to regulatory penalties. Check out these prevention strategies: ?Thorough Plan Document Review: Ensure that your plan documents clearly define compensation for all purposes, including deferrals and matching contributions. ?Regular Training: Keep your HR and payroll teams informed about the specifics of your plan's compensation definitions. ?Consistent Audits: Conduct regular internal or external audits to ensure ongoing compliance with the plan's terms. If you need any assistance or have questions about your retirement plan, don't hesitate to contact us ☎️. We're here to help! In short, paying close attention to details and thoroughly understanding your plan’s compensation definitions can help prevent costly mistakes and ensure a stable financial future for your employees?. #BusinessBenefits #TeamSuccess #SecureYourFuture #FinancialFreedom #MichaelJohnson #Fiduciary #IvybridgeWealthAdvisors #Janney #BusinessOwners 302-516-1772 | michael@ivybridgewealth.com | https://lnkd.in/etsWByUY

I've seen it: Individuals who could be free, stuck at work until 60 because they can't touch their money yet. Their potential for a free life is completely capped. Trapped by the: - 401(k)/IRA Employee match - Promise of tax benefits - Promise of early retirement by 60 instead of 65-70 - Advisors that know what's "best" for you They put all their eggs in a basket that traps them. And, if they want to get out of the trap, it's met with massive financial consequences. So, they work until 60, when they can finally live their free life. Look.... I'm not against employee matches or retirements. I'm against it being your only source of income. I'm against locking up all my investment capital until 59.5. I'm against having a "lifetime value" as an employee. I'm against not living my life on my terms. There is a way you can invest to become free today and choose to work... A way that you can live your life on YOUR terms.

When you retired, you might have thought you’d left the workplace behind for good. But perhaps the possibility of “unretiring” has crossed your mind? Read on to learn more about why you might want to consider joining this “great unretirement” and discover four factors to consider before doing so.