Wealth Transfer – The Retirement Engineer

Podcast Image showing the title "Breaking Down the Bigger Bolder Retirement Formula, Part 3: Wealth Protection and Charitable Giving"

Breaking Down the Bigger Bolder Retirement Formula, Part 3: Wealth Protection and Charitable Giving (Ep. 7)

By TheRetirementEngineer | June 6, 2023

In our previous episode, we talked about two key components of advanced planning, which is a crucial part of the Bigger Bolder Retirement Formula.

Now, it’s time to dive into wealth protection and charitable giving!

In part three of our mini-series, Jim Kruzan, CFP®, CRPC®, explains how to preserve your hard-earned wealth through a host of risk mitigation strategies. He also shares tools and tactics to make your charitable giving more tax-efficient.

Jim discusses:

Five types of risk mitigation strategies (with relatable examples!)
How to mitigate risk beyond investments (your home, car, retirement income, etc.)
How “bunching” of charitable gifts is a significant tax-saver for charitably-inclined people
The tax benefits of Qualified Charitable Distributions (QCDs) for people over 70½-years-old
And more

Resources:

Connect with Jim Kruzan:

About Your Host:

Balancing the responsibilities of Founder and Senior Wealth Advisor puts Jim in a unique position at Kaydan Wealth Management. As the Founder, Jim is responsible for guiding the direction of the firm’s moral compass and ensuring the entire team is advancing its mission statement. As Senior Wealth Advisor, he manages the firm’s largest and most complex client relationships and is also hands-on with the development of comprehensive, process-driven wealth solutions.

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Breaking Down the Bigger Bolder Retirement Formula, Part 2: Wealth Enhancement and Transfer (Ep. 6)

By TheRetirementEngineer | May 23, 2023

A critical piece of the Bigger Bolder Retirement Formula is advanced planning.

Advanced planning includes wealth enhancement, wealth transfer, wealth protection, and charitable giving.

In part two of our mini-series, Jim Kruzan, CFP®, CRPC®, explains ways to enhance your wealth outside of investment management and transfer it to your loved ones in a tax-efficient manner.

Jim discusses:

How to effectively mitigate your taxes over your lifetime (and not just in the near future!)
How to use cash flow planning to meet your needs at different stages of retirement
Key wealth transfer issues (and how to deal with them)
The meaning of “asset titlement” and how it helps improve wealth transfer
And more