How can your home create retirement income? Downsizing to a smaller home can save you money when you retire. In segment 1 of 3, Joe Anderson, CFP® and Big Al Clopine, CPA outline the seven practical and financial benefits of downsizing.

Watch the full episode, How Your Home Can Create Retirement Income | Your Money, Your Wealth TV - S10 | E05:
[ Ссылка ]

00:00 - Intro
00:46 - Wealth By Asset Type
01:18 - Wealth by Housing Tenure
02:15 - Using Your Home to Create Retirement Income:
02:57 - Homeownership by Age
03:39 - 4 Reasons to Downsize
04:11 - 3 Financial Benefits of Downsizing
05:18 - Tax Benefits When You Sell Your Home: Section 121 Exclusion
06:31 - Download the Retirement Readiness Guide: [ Ссылка ]

Pure Financial Advisors, LLC is a fee-only Registered Investment Advisor providing comprehensive retirement planning services and tax-optimized investment management to thousands of people across the nation.

Schedule a free assessment with an experienced financial professional: [ Ссылка ]
Office locations: [ Ссылка ]
Ask Joe & Big Al On Air: [ Ссылка ]
Subscribe: [ Ссылка ]
Follow the YMYW podcast: [ Ссылка ]

IMPORTANT DISCLOSURES:
• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, LLC, a Registered Investment Advisor.
• Pure Financial Advisors LLC does not offer tax or legal advice. Consult with your tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. As rules and regulations change, content may become outdated.
• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
CFP® - The CERTIFIED FINANCIAL PLANNER™ certification is by the Certified Financial Planner Board of Standards, Inc. To attain the right to use the CFP® designation, an individual must satisfactorily fulfill education, experience and ethics requirements as well as pass a comprehensive exam. Thirty hours of continuing education is required every two years to maintain the designation.
AIF® - Accredited Investment Fiduciary designation is administered by the Center for Fiduciary Studies fi360. To receive the AIF Designation, an individual must meet prerequisite criteria, complete a training program, and pass a comprehensive examination. Six hours of continuing education is required annually to maintain the designation.
CPA – Certified Public Accountant is a license set by the American Institute of Certified Public Accountants and administered by the National Association of State Boards of Accountancy. Eligibility to sit for the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the requirement is a U.S. bachelor’s degree which includes a minimum number of qualifying credit hours in accounting and business administration with an additional one-year study. All CPA candidates must pass the Uniform CPA Examination to qualify for a CPA certificate and license (i.e., permit to practice) to practice public accounting. CPAs are required to take continuing education courses to renew their license, and most states require CPAs to complete an ethics course during every renewal period.

свернуть