It's my last video of the year, so I figured I'd end on some good news. The good news I'm talking about is on the tax front, with the passage of Secure Act 2.0. I summarize several of the many changes that are contained in this recently passed Act. I'm happy to talk to you in more detail about how this affects your particular situation. Please reach out to me at https://trueabundanceadvisors.com/lets-connect to schedule a call. #2023 #taxes #trueabundanceadvisors.com
Hello, my name is Laura Rotter of True Abundance Advisors, and I imagine that my story might resonate with you and why wouldn't it? All our cultural messages are that just get the bigger house, buy the nicer car, land the promotion, and then you will be happy I am here to tell you that more things do not create happiness. Happiness is an inside job. One day I woke up and realized I was using my life to make money rather than using my money to create a life that felt fulfilling. So I made some decisions.
One day the stock market is up 500 points, the next day it's down 500 points. You may be thinking: "This is too much risk for me. I don't want to be invested in the stock market." I made this video to explain the difference between volatility and risk. If you find it helpful, please share it and subscribe to my YouTube channel, @laurarotter. #volatility #riskmanagement #trueabundanceadvisors
When I first started as a financial advisor, having spent close to 30 years managing money for institutional investors, I thought that I just wanted to provide a financial plan for people without managing their money. That is, until I saw how people who reached out to me were invested, as I describe in this video. A financial plan is meaningless if you are invested entirely in cash or entirely in bitcoin! #financialplan #investingstrategy #trueAbundanceadvisors
You’ve probably heard that Roth IRAs are great for generating tax-free income and avoiding Required Minimum Distributions in retirement. and… Recent market losses make it a good year to consider a conversion so you minimize the taxes you pay on the money you convert. But the details matter a lot. And new laws mean conversions are permanent. I made a short video showing you how to decide if you should consider a Roth conversion this year.
I'm going to ask you an uncomfortable question: are you sure you have enough disability insurance to cover the gap between what you earn and what you would collect if you were to suffer a disability event? I share a cautionary tale about a friend in this video. Let me know if you have any questions, and I'd be happy to answer them.