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Retirement Planning

For some Mainers, retirement isn’t how they envisioned [Video]

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The Maine Council on Aging estimates more than one-third of Mainers over the age of 65 live on Social Security benefits alone.

AUGUSTA, Maine — When it comes to everyday conversations, Mainers generally avoid certain topics. But one of them happens to be about finances. 

For many Mainers, it’s seen as a virtue to be self-made, thrifty and independent. However, this narrative has complicated discussions about what it means for those who are among the traditional retirement age but still need to work. In many ways, it has presented a problem about survival. 

The Maine Council on Aging estimates that more than one-third of Mainers over the age of 65 depend on income from Social Security benefits alone, without any reliance on retirement savings. That translates to roughly 102,000 Mainers. The issue is that the average person can’t survive on Social Security alone, a problem that has become exacerbated by …

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Retirement Planning

Live Intraday Trading Today || Nifty BankNifty Analysis || 16th FEBRUARY 2022 || Options Trading [Video]

Join my 2nd channel Arcadian Marketshala :- https://www.youtube.com/channel/UCVV8gUBoTtWye46tlBy4BRAWelcome to Arcadian Family. I am Vikas Yadav aka "Arcadian Trader" and my channel is in constant endeavor to make traders learn something new in stock market. In Arcadian Trader channel, traders will get to learn Trading strategies, Nifty & BankNifty analysis, Risk Management and other important things related to trading in stock market.===============================================================Please leave your comments down.🤷‍♂️ I try to answer all of them.🤝===============================================================Disclaimer : This video is for “Educational” purposes only and it does not encourage anyone to take any trade. This is not a recommendation. There are risks associated with trading. We are not financial advisors, so anything commented during this video should not be interpreted as investment advice. I shall not be held responsible for any loss that occurs to anyone.======================================================Email Id : arcadiantrader@gmail.com======================================================Follow me here :Twitter: https://twitter.com/ArcadianTradeRTelegram: https://t.me/Arcadian_TradeR=====================================================SHARE THIS VIDEO with fellow investors and traders.Share on Facebook, TwitterSUBSCRIBE and turn on the BELL ICON for more videos. 🔔🔔🔔🔔🔔===========================================================#bankniftyanalysis #niftyanalysis #livetrading #priceactiontrading #supplyanddemand #trendtrading #chartanalysis #supportresistance #arcadiantrader #stocksanalysis #liveintradaytrading #livetradingtoday #Arcadiantrader

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Retirement Planning

IRA Contribution Limits 2022 & ROTH IRA Contribution Limits 2022 || IRA & Roth IRA Contribution 2022 [Video]

IRA Contribution Limits 2022 & ROTH IRA Contribution Limits 2022 || IRA & Roth IRA Contribution 2022Click Here For More Retirement Planning Videos: https://bit.ly/3wH3mgbIRA Contribution Limits 2022 & ROTH IRA Contribution Limits 2022 || IRA & Roth IRA Contribution 2022IRA and Roth IRA contribution limits have been released by the IRS and they look very similar to the IRA & Roth IRA Contribution limits for 2021. Unfortunately, because of how the IRS calculates the contribution increases for IRA's and Roth IRA's, in 2022 there will be NO increase from the 2021 IRA contribution limits. Below is the IRA Contribution limit and the Roth IRA Contribution limit for 2022:IRA Contribution Limit: $6,000 IRA Catch-up Limit: $1,000Roth IRA Contribution Limit: $6,000Roth IRA Catch-up Limit: $1,000Now, the IRA Contribution Limit and Roth IRA Contribution Limit might not have changed, but the income limits for contributions into IRA and Roth IRA's did increase from 2021 to 2022. Remember, you are only allowed to contribute to an IRA or Roth IRA if you make less than a certain amount of money. How you file taxes will determine your income limits for IRA and Roth IRA contributions. The new IRA Income limits for 2022 are below:Single File: $129,000Married Joint File: $204,000What might get lost in the IRA contribution conversation is your ability to contribute to a spousal IRA. A Spousal IRA gives a spouse who does not work or makes very little, the ability to contribute to an IRA or Roth. In order to do this the working spouse must have income below the $204,000 income limit and the contribution into the non working spouses IRA or Roth must be equal or less than what the working spouse actually earns. For example, if you are working and make $100,000 a year and contribute $6,000 into a Roth IRA you are allowed to contribute another $6,000 into a Roth IRA in your spouse's name. If you are both over 50, you get to add an additional $1,000 as a catch-up provision. Finally, don't forget the difference between an IRA and a Roth IRA. An IRA is pre-taxed. Meaning, the money you put in an IRA is NOT taxed on the way in, but it IS taxed on the way out. A Roth IRA on the other hand, is taxed on the way in BUT is NOT taxed on the way out. That is called post tax. Which is best for you? Well that is a financial decision based on your income, age, tax status, and how long you are going to work. Thank you so much for watching and reading IRA Contribution Limits 2022 & Roth IRA Contribution limits 2022. As always, if you have any questions, please contact us below. **Free Retirement Download: The Roadmap to Retirement:**https://yourfinancialekg.com/#download**To schedule your virtual retirement and investment consultation with Drew, please select a day & time that works best for you: https://calendly.com/pearlwealthgroup/discoverycall ****Visit our Website: https://pearlwealthgroup.com/ **Retirement & Financial Planning Resources:-Have You Ever Been Bitten by an Elephant?: The Definitive Guide for Retiring Well by David & Drew Blackston: https://amzn.to/3pnm62l-Common Sense Investing by Jack Bogle: https://amzn.to/3H1Gn3p-The Intelligent Investor by Benjamin Graham: https://amzn.to/3mpNDyd-The Blessed Life by Robert Morris: https://amzn.to/3Ehxq4f-Barrons Magazine: https://amzn.to/3FlfdEc-The Wall Street Journal: https://amzn.to/3eaydte**Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. Please call me at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.**Other videos you might like:Can I Retire at 55 with $2,000,000 : https://youtu.be/LJ6CHK7hAZk401k Contribution Limits for 2022: https://youtu.be/yDKOk-I8HL8How to calculate YOUR retirement income: https://youtu.be/jUQytd4qAjgAverage Retirement Savings Balance by Age & Race: https://youtu.be/ZS7UMVvWs9EPearl Wealth GroupDrew Blackston, CRC® & RFC®Office: 813-807-5060Info@pearlwealthgroup.comhttps://pearlwealthgroup.com/Getting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!Tools Used To Create Video:-TubeBuddy Keyword Research: https://www.tubebuddy.com/YourFinancialEKG#retirementplanning #retirement #yourfinancialekg

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Retirement Planning

Social Security & Biden… [Video]

Social Security and BidenIn this video, we discuss Social Security and President Biden. Two very important topics that we need to discuss and if these two are related and if they will work together. Social Security benefits include retirement, SSDI, survivors benefits and we also refer to SSI, supplemental security income in this video. Social Security benefits send out a very important monthly benefits to roughly 65 million Beneficiaries along with SSI, supplemental security income, 70 million Beneficiaries rely on this monthly checks each and every month, these are incredibly important. We are discussing President Biden in reference to Social Security, SSDI, SSI monthly benefits.Please make sure to subscribe to the Blind to Billionaire channel and share this video with your friends, family, social media and check out any of the other videos here on the channel. Fan Club - Join Here:https://www.youtube.com/channel/UCYqOP98j1cPqLzN2-AAgsHQ/joinFREE Stocks Here:https://a.webull.com/8XVrtYUM4U86HxGaGKFREE $30 when you spend $30 here:https://www.rakuten.com/r/BLINDT32Shop Amazon Here:https://amzn.to/2UjdFCz***Disclaimer*** All the material in this video is for entertainment purposes only and is not financial, legal, accounting, tax, investment advice, or advice in any way. This information should be used as general information for entertainment purposes, we highly advise you speak to your professional for specific information. We are not liable in any way, shape, or form as a result of any information discussed in this video. Links shown above are affiliate links which will result in the creator receiving a small commission upon the use/registration of the link provided.Blind to Billionaire is a dedicated YouTube channel to bring you daily updates and information to be The most valuable and high-quality information for this community. Blind to Billionaire is very dedicated to this community so please make sure to subscribe, share this video and check out any of the other thousands of videos here on the channel.#SocialSecurity #SSDI #SSI #BlindToBillionaire