Jumping The Wealth Curve
As a Senior Wealth Advisor at Smallwood Wealth Management, Ed specializes in creating financial plans to help you reduce your risks in retirement. His overall objective is to try to produce a more predictable outcome before and during retirement. Each week Ed talks about the many complexities everyone faces in retirement. His objective is to help you better understand and be prepared to enjoy your "golden years".
Here's where you can find out more and to reach out to Ed:
Smallwood Wealth Management smallwoodwealth.com
Schedule a Catch Up Call go.oncehub.com/EdwardBaoCatchUpCall
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The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. • Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. • Applicable Regal/Regulus disclosure.
Jumping The Wealth Curve
The Wealth Destroyers: Taxes & Fees
In this episode of Jumping the Wealth Curve, Ed Bao discusses the critical impact of taxes and fees on wealth accumulation and retirement planning. He emphasizes the importance of understanding different types of taxes, the distinction between marginal and effective tax rates, and the necessity of a coordinated tax strategy. The conversation also covers retirement planning strategies, the evaluation of fees, and the metaphor of 'wealth destructors' to illustrate the challenges faced in financial planning. Ed concludes with an offer for listeners to engage further with his services.
Join us every week as Ed Bao helps you navigate the sometimes rocky waters of retirement. Healthcare, investments, taxes, estate planning and more!