Strategies for RMDs: What to Do When You Don't Need the Money
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 10 October 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
Reinvesting RMD proceeds and utilizing tax-efficient investments like ETFs are just two strategies that can help retirees better manage mandatory withdrawals.
(Understanding the options can show retirees how to align their financial decisions with their long-term goals and tax planning.)
Today's Stocks & Topics: NTES - NetEase Inc. ADR, DIS - Walt Disney Co., SOFI - SoFi Technologies Inc, High Returns, CELH - Celsius Holdings Inc., Market Wrap, Strategies for RMDs: What to Do When You Don't Need the Money, Strategies for RMDs: What to Do When You Don't Need the Money, PRIM - Primoris Services Corp., HSTM - HealthStream Inc., DOJ Sues Google, AZN - AstraZeneca PLC ADR, GL - Globe Life Inc., China.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on Invest Talk. |
| 0:05.0 | And for our podcast subscribers, this is Invest Talk, |
| 0:12.0 | Invest Talk, independent thinking shared success |
| 0:17.4 | invest talk in best talk is made possible by kPP financial a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.0 | Here is KPP Financial portfolio manager Luke Guerrero. Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:38.0 | My name is Lucrero and today is Wednesday, October 9, 2024. |
| 0:42.7 | Now coming off the heels of our Invest Talk KPP Wealth Webinar yesterday where we went over |
| 0:48.7 | how to enhance your strategy with your 401k and general savings and financial planning |
| 0:54.7 | techniques I'm excited to continue this educational program today now we are |
| 1:02.0 | definitely getting into the swing of October, the election is just about a month away and certainly there will be a lot of changes within this next month, within Q4, and heading into next year. |
| 1:13.1 | And so we come here every day to meet, to listen, |
| 1:17.4 | to learn, and hopefully leave better |
| 1:19.9 | and more informed investors. |
| 1:25.0 | In order to accomplish that goal, we have a mix of educational items, |
| 1:27.0 | actual items, and things can help you in your daily lives, |
| 1:29.0 | but more importantly, most importantly, |
| 1:32.0 | we have your finance and investment questions through the Invest Talk |
| 1:34.8 | YouTube channel, comment section, through our iTunes reviews, through our voicemails, and most importantly, |
| 1:41.2 | my favorite through our live calls throughout the show. |
| 1:44.0 | Now just a bit we'll talk about today's market performance and run down those show |
| 1:48.4 | topics that I'm bringing to the table today but first let's tackle this caller |
| 1:52.3 | question. |
... |
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