Put These Year-End Financial Strategies on Your Retirement Planning List | Guiding You Forward

Deciding what retirement plans and investments are right for you can be overwhelming, but it doesn’t have to be. Seeking help from a wealth advisor is a great way to get clarity. Recently Chad Waddoups, vice president of wealth management for Mountain America Investment Services, joined us as a guest on Mountain America Credit Union's podcast, Guiding You Forward.

In this episode, you’ll discover:

• Financial steps to take before the year ends to stay on track.

• Why everyone could benefit from meeting with a wealth advisor.

• When the best time to start investing really is.

Chad explains in detail some of the financial items we should be thinking about as the end of the year approaches. For instance, do you know what the required minimum distribution is for your retirement accounts and at what age you need to take it? Make sure you know the answers because there is a hefty penalty if you don’t do it when you’re supposed to! Chad also shares year-end strategies regarding taxes, Medicare and making contributions to your IRA and 401(k).

Enlisting the advice of a wealth advisor is not something reserved only for the wealthy. Chad and his team are here to guide everyone toward achieving their financial goals, no matter how much wealth they have. He also shares why adding an advisor to your financial strategy is like hiring a behavioral coach.

When it comes to knowing the best time to start investing, Chad has only one answer—now! He explains how time works in your favor when you’re trying to save for the future.

Learn more about planning and saving by watching the video above. Then make an appointment with a Mountain America wealth advisor and start your journey toward achieving your financial goals!