Craig Wear's guest appearances

Craig Wear

Financial Survival Network

The Practical Wealth Show

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Invest Like a Billionaire - The alternative investments & strategies billionaires use to grow wealth

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In this episode, Curtis May and financial expert Craig Wear, discuss the importance of Roth conversions for IRA millionaires. These conversions help avoid significant taxes for both individuals and their heirs. The focus should be on the distribution phase, ensuring net worth maintenance and tax minimization. Craig highlights the significance of finding the right tax bracket and timing for maximum tax avoidance. Individuals should start considering Roth conversions around 55 years old and consult knowledgeable financial planners to avoid mistakes and maximize their financial potential.  You'll discover:  How to save $2.1 Million of taxes over your lifetime How to eliminate the income taxes passed on to your next generation How to save $100K in Medicare premiums The 5 biggest mistakes IRA millionaires make and how to avoid them The 7 questions to determine if you’re leaving a fortune at the doorstep of the IRS   Links and Resources from this Episode https://www.practicalwealthadvisors.com https://www.practicalwealthsolutions.net/ Email Curtis for a free report - curtmay@gmail.com Call his office - 610-622-3121 ERC Tax Credit - https://ercspecialists.com?fpr=curtis75 Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i Connect with Craig Wear Daniel@GefenMediaGroup.com https://craigwear.com/ https://www.facebook.com/craigwearcfp/ Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession      Show Notes The "IRA Millionaire" concept and the importance of converting IRAs into Roth IRAs to minimize taxes and maximize net worth How to find the optimal strategy for Roth conversions and avoiding too much tax paid upfront The biggest mistakes IRA millionaires make such as not converting Roth IRAs at the right tax bracket and not understanding the impact of IRMA on Medicare premiums The accumulation theory of retirement planning and how distribution planning is essential for long-term financial success Balance in Roth conversion strategy Importance of paying attention to retirement finances and not just waiting to be in a lower tax bracket Recommended age to start considering appropriate retirement and financial planning strategies Case study of a successful financial planning client with tax-free accounts and non-stock market investments Potential downfall of not considering tax implications in financial planning   Review, Subscribe and Share If you like what you hear please leave a review  by clicking here Make sure you’re subscribed to the podcast so you get the latest episodes.   Click here to subscribe with Apple Podcasts  Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS 

In this episode, Curtis May and financial expert Craig Wear, discuss the importance of Roth conversions for IRA millionaires. These conversions help avoid significant taxes for both individuals and their heirs. The focus should be on the distribution phase, ensuring net worth maintenance and tax minimization. Craig highlights the significance of finding the right tax bracket and timing for maximum tax avoidance. Individuals should start considering Roth conversions around 55 years old and consult knowledgeable financial planners to avoid mistakes and maximize their financial potential.  You'll discover: <ul> <li>How to save $2.1 Million of taxes over your lifetime</li> <li>How to eliminate the income taxes passed on to your next generation</li> <li>How to save $100K in Medicare premiums</li> <li>The 5 biggest mistakes IRA millionaires make and how to avoid them</li> <li>The 7 questions to determine if you’re leaving a fortune at the doorstep of the IRS Links and Resources from this Episode</li> <li><a href="https://www.practicalwealthadvisors.com" rel="nofollow" target="_blank">https://www.practicalwealthadvisors.com</a></li> <li><a href="https://www.practicalwealthsolutions.net/" rel="nofollow" target="_blank">https://www.practicalwealthsolutions.net/</a></li> <li>Email Curtis for a free report - <a href="mailto:curtmay@gmail.com">curtmay@gmail.com</a></li> <li>Call his office - 610-622-3121</li> <li>ERC Tax Credit - <a href="https://ercspecialists.com?fpr=curtis75" rel="nofollow" target="_blank">https://ercspecialists.com?fpr=curtis75</a></li> <li>Schedule a call with Curtis:</li> <li><a href="https://aptwithcurtis.as.me/Strategysession" rel="nofollow" target="_blank">https://aptwithcurtis.as.me/Strategysession</a></li> <li>CashFlow Mapping: <a href="https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink" rel="nofollow" target="_blank">https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink</a></li> <li>Private Reserve Strategy: <a href="https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i" rel="nofollow" target="_blank">https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i</a></li> <li>Connect with Craig Wear</li> <li><a href="mailto:Daniel@GefenMediaGroup.com">Daniel@GefenMediaGroup.com</a></li> <li><a href="https://craigwear.com/" rel="nofollow" target="_blank">https://craigwear.com/</a></li> <li><a href="https://www.facebook.com/craigwearcfp/" rel="nofollow" target="_blank">https://www.facebook.com/craigwearcfp/</a></li> <li>Special Listener Gift</li> <li>Schedule a 15-Minute Call with Curtis: <a href="https://aptwithcurtis.as.me/Strategysession" rel="nofollow" target="_blank">https://aptwithcurtis.as.me/Strategysession</a>   Show Notes</li> <li>The "IRA Millionaire" concept and the importance of converting IRAs into Roth IRAs to minimize taxes and maximize net worth</li> <li>How to find the optimal strategy for Roth conversions and avoiding too much tax paid upfront</li> <li>The biggest mistakes IRA millionaires make such as not converting Roth IRAs at the right tax bracket and not understanding the impact of IRMA on Medicare premiums</li> <li>The accumulation theory of retirement planning and how distribution planning is essential for long-term financial success</li> <li>Balance in Roth conversion strategy</li> <li>Importance of paying attention to retirement finances and not just waiting to be in a lower tax bracket</li> <li>Recommended age to start considering appropriate retirement and financial planning strategies</li> <li>Case study of a successful financial planning client with tax-free accounts and non-stock market investments</li> <li>Potential downfall of not considering tax implications in financial planning</li> </ul> Review, Subscribe and Share If you like what you hear please leave a review <a href="https://podcasts.apple.com/us/podcast/the-practical-wealth-show/id1275312118?ls=1&amp;mt=2" rel="nofollow" target="_blank"> by clicking here</a> Make sure you’re subscribed to the podcast so you get the latest episodes. <ul> <li><a href="https://podcasts.apple.com/us/podcast/the-practical-wealth-show/id1275312118?ls=1&amp;mt=2" rel="nofollow" target="_blank"> Click here to subscribe with Apple Podcasts</a></li> <li><a href="https://open.spotify.com/show/5mS78RTbQBH5nKoHFmrKs7?si=JADVWHocQZO5c64HrIupNA&amp;nd=1" rel="nofollow" target="_blank"> Click here to subscribe with Spotify</a></li> <li><a href="https://www.stitcher.com/show/the-practical-wealth-show" rel="nofollow" target="_blank">Click here to subscribe with Stitcher</a></li> <li><a href="https://practicalwealth.libsyn.com/rss" rel="nofollow" target="_blank">Click here to subscribe with RSS</a></li> </ul>

How to Save 2.1 Million in Taxes Over Your Lifetime with Craig Wear - Episode 269

In this episode, Jim Maffuccio and Ben Fraser are joined by guest Craig Wear, a Certified Financial Planner™ with 32+ years of experience and the author of two Amazon #1 Best Selling books, Paying the Piper, and Roth Conversion Secrets, to discuss maximizing retirement savings and avoiding hidden tax traps in 401k and IRA accounts. Craig shares expert advice on minimizing taxes and avoiding penalties associated with RMDs, early withdrawals, and investment options. Tune in for practical tips on optimizing retirement savings and minimizing tax liability, whether you're just starting out or looking to optimize existing accounts.  Download “Roth Conversion Secrets” for free ⁠https://info.craigwear.com/ILAB⁠  Connect with Craig Wear on LinkedIn ⁠https://www.linkedin.com/in/craigwear/⁠ Connect with Jim Maffuccio on LinkedIn ⁠https://www.linkedin.com/in/james-maffuccio-77440813/⁠ Connect with Ben Fraser on LinkedIn ⁠https://www.linkedin.com/in/benwfraser/⁠  Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠ Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠ Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠https://www.thebillionairepodcast.com/subscribe

In this episode, Jim Maffuccio and Ben Fraser are joined by guest Craig Wear, a Certified Financial Planner™ with 32+ years of experience and the author of two Amazon #1 Best Selling books, Paying the Piper, and Roth Conversion Secrets, to discuss maximizing retirement savings and avoiding hidden tax traps in 401k and IRA accounts. Craig shares expert advice on minimizing taxes and avoiding penalties associated with RMDs, early withdrawals, and investment options. Tune in for practical tips on optimizing retirement savings and minimizing tax liability, whether you're just starting out or looking to optimize existing accounts. Download “Roth Conversion Secrets” for free <a href="https://info.craigwear.com/ILAB" rel="nofollow" target="_blank">⁠https://info.craigwear.com/ILAB⁠</a> Connect with Craig Wear on LinkedIn <a href="https://www.linkedin.com/in/craigwear/" rel="nofollow" target="_blank">⁠https://www.linkedin.com/in/craigwear/⁠</a> Connect with Jim Maffuccio on LinkedIn <a href="https://www.linkedin.com/in/james-maffuccio-77440813/" rel="nofollow" target="_blank">⁠https://www.linkedin.com/in/james-maffuccio-77440813/⁠</a> Connect with Ben Fraser on LinkedIn <a href="https://www.linkedin.com/in/benwfraser/" rel="nofollow" target="_blank">⁠https://www.linkedin.com/in/benwfraser/⁠</a> Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at <a href="https://aspenfunds.us/report" rel="nofollow" target="_blank">⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠</a> Join the Investor Club to get early access to exclusive deals. <a href="https://www.aspenfunds.us/investorclub" rel="nofollow" target="_blank">⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠</a> Subscribe on your favorite podcast app, so you never miss an episode. <a href="https://www.thebillionairepodcast.com/subscribe" rel="nofollow" target="_blank">⁠⁠⁠https://www.thebillionairepodcast.com/subscribe</a>

79. Roth Conversion Secrets: Maximizing Your Retirement Savings feat. Craig Wear

Summary: If you have a large balance in your IRA account, Craig Wear is the person you want to hear from. He joins us in this episode to talk about how he got into retirement investing, and the important lessons he learned about Roth conversions that he uses to guide IRA millionaires through their finances. He emphasizes that timing is key, and that one must get to a higher tax bracket, convert over a smaller period of time, and convert in greater dollar amounts than they are likely comfortable with in order to get the real tax benefits. Since this is not a one-size-fits-all strategy, it’s important to work with someone who is specialized in this niche are of tax advising to determine your personal needs and the most effective approach. Tune in for more information, and use the link below to download Craig’s free ebook.  Useful Links: Financial Survival Network Free Seminar from Craig Wear Craig WearThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3244966/advertisement

Summary: If you have a large balance in your IRA account, Craig Wear is the person you want to hear from. He joins us in this episode to talk about how he got into retirement investing, and the important lessons he learned about Roth conversions that he uses to guide IRA millionaires through their finances. He emphasizes that timing is key, and that one must get to a higher tax bracket, convert over a smaller period of time, and convert in greater dollar amounts than they are likely comfortable with in order to get the real tax benefits. Since this is not a one-size-fits-all strategy, it’s important to work with someone who is specialized in this niche are of tax advising to determine your personal needs and the most effective approach. Tune in for more information, and use the link below to download Craig’s free ebook.  Useful Links: <a href="https://www.financialsurvivalnetwork.com" rel="noreferrer noopener nofollow" target="_blank">Financial Survival Network</a> <a href="https://info.craigwear.com/savetaxeslandingpage" rel="noreferrer noopener nofollow" target="_blank">Free Seminar from Craig Wear</a> <a href="https://www.craigwear.com/" rel="noreferrer noopener nofollow" target="_blank">Craig Wear</a> This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/3244966/advertisement" rel="nofollow" target="_blank">https://www.spreaker.com/show/3244966/advertisement</a>