Tag Archives: Investments

Episode 15 How Does Social Security Fit into Your Investment Plan?



Think of your retirement as a three-legged stool: Social Security is the first leg, your employer-sponsored plan and IRAs are the second leg, and the third leg is your non-retirement investments and savings.

In this episode of the Wealth Is in the Details Podcast, Peter Raskin focuses on the first leg, Social Security, and how it fits into your personal investment plan.

In this episode, you will learn:

  • How much of your pre-retirement income Social Security is meant to replace
  • When to start collecting the benefit to make the most of your money
  • Why the latest you should start collecting Social Security is at age 70
  • The numerous ways to maximize your benefit by using spousal benefits (even for a former spouse)
  • Reasons to review your monthly SSA statement, even if you aren’t already accessing the benefit
  • And more!

Tune in with Peter Raskin and learn how to make the most of your Social Security benefit in retirement.

Resources:  Raskin Planning Group | The United States Social Security Administration

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN-2510155-042219


Episode 14 – Health Savings Accounts Are the Best Thing Since Sliced Bread



Health savings accounts (HSAs) are becoming increasingly popular as more employers make them available to their employees. However, with a new savings option comes more to learn.

In this episode of Wealth Is in the Details Podcast, Peter Raskin explains the ins and outs of HSAs and how to use them to your benefit.

In this episode, you will learn:

  • The difference between HSAs and flexible spending accounts
  • How to tell if you are eligible for an HSA
  • Tax advantages and disadvantages of HSAs
  • What happens to your HSA if you pass away
  • And more!

Tune in now and learn how to use an HSA to your advantage!

Resources:  Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.

CRN: 2489463-040419


Episode 13 – How to Prepare for the 5 Biggest Risks in Retirement



Life is unpredictable, and trying to prepare for everything makes it difficult to be fully prepared for anything.

In this episode of Wealth Is in the Details Podcast, Peter Raskin gives you direction as he pinpoints the five biggest retirement risks and how to prepare for them.

In this episode you will learn:

  • The five biggest risks to retirement
  • How inflation impacts purchasing power and how that impacts you during retirement
  • How to make the most of your investments
  • How taxes can pose a risk to your savings and how to be prepared
  • And more!

Tune in and learn how to prepare for the five biggest retirement risks!

Resources:  Raskin Planning Group

Disclosure: The podcast is not intended to be a substitute for professional investing advice. Always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN-2474769-032519

 


Episode 12 –  How to Plan for Contingencies in Retirement



Thanks to technology, humans are living longer than ever before, and it is important to consider that when planning for retirement.

On that note, Peter Raskin explains the importance of contingency planning in retirement with a special focus on healthcare costs.

In this episode, you will learn:

  • How to insure your long-term care costs in order to save you money should you require in-home or institutional care
  • The basics of purchasing long-term care insurance
  • Why married couples who purchase an insurance policy save money on premiums
  • How to determine the correct plan and policy for you and your family
  • And more!

Tune in today and learn how to plan for contingencies!

Resources:  Raskin Planning Group  

CRN-2445640-030419


Episode 4 – Tax Planning as a Year-Round Process – Part 1



When many Americans think about tax planning, they think of tax season – a short-term process which lasts a couple months at most. However, in this episode of the Wealth is in the Details podcast, Peter Raskin explains how tax planning is really a year-round process.

In this episode, you’ll learn about:

  • The difference between tax evasion and tax avoidance, as told by Supreme Court Justice Louis Brandeis
  • Peter’s explanation in layman’s terms of marginal tax brackets
  • A couple advantages of owning common stocks
  • The importance of understanding the type of investment you are making and the amount of taxes you will owe on each
  • The importance of tax bracket planning during retirement
  • And more!

Tune in now to learn all about tax planning as a year-round process!

Resources:  Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN: 2346747-121218


Episode 3: It’s All About the Relationships – Part 2



The initial analysis of a financial planning meeting is much like opening the hood of a car — you open it up to see what you’re working with, and you move forward from there.

In this second part of his planning process mini-series, Peter explains the team-based approach used by Raskin Planning Group — an approach where clients work with each and every team member thanks to their unique specializations.

In this episode, you’ll learn:

  • The inner workings of the Raskin Planning Group team
  • What a typical discovery meeting looks like
  • How the Raskin Planning Group makes sure everyone is on the same page
  • How the team ensures that the moves their clients make supports their personal financial goals
  • And more!

Check out this episode of the Wealth is in the Details podcast to hear all about the experience of being a client at Raskin Planning Group!

Resources:  Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

 

CRN: 2335000-120318


Episode 2: It’s All About the Relationships – Part 1



Financial planning is about making the most of your money and assets. However, it’s also about the relationship between clients and advisors.

In part one of his two-part series on the Raskin Planning Group process, Peter Raskin explains his on-boarding procedures and the importance of building strong relationships with clients.

In this episode, you’ll learn:

  • The importance of a good match between a client and their advisor
  • The importance of goal setting
  • How Raskin Planning Group takes the most daunting tasks and works with clients to make them easy
  • Why it’s smart to talk with your children about money and your financial future, especially as they age
  • And more!

Tune in now to learn more about the process of becoming a Raskin Planning Group client!

Resources:  Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.

 

CRN: 2334998-120318


Episode 1 – Meet Peter Raskin of Raskin Planning Group



Peter Raskin has served the Boston area as a financial advisor for over 30 years. He’s the lead financial planner at Raskin Planning Group, which he founded with the mission to help individuals and families with their comprehensive financial needs.

In this inaugural episode of the Wealth is in the Details podcast, get to know more about Peter, who he is, and why he’s passionate about what he does. Peter shares:

  • Why the Raskin Planning Group works with the most dedicated clients
  • Who makes up their team and what each of their specialties are
  • Why Peter chooses to be active in his community
  • Peter’s personal financial philosophy and why he thinks focusing on the simple things in life is important
  • Peter’s take on winning the lottery, and why that might not be what he needs to live a happy life

Tune in now to get to know all about Peter Raskin, the founder and lead financial advisor at Raskin Planning Group!

Resources: Raskin Planning Group

Disclosure: The is not intended to be a substitute for professional investing advice always seek the advice of your financial adviser or other qualified financial service provider with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.
Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is not an affiliate of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances

CRN: 2319903-111618