Keen On Retirement

Because of the strong ties that Keen Wealth has established with metro Kansas City’s thriving engineering community, we’ve gained real appreciation for the power of employee stock ownership plans, or ESOPs. The Harvard Business Review study shows that companies that implement this unique structure dramatically improve their performance by empowering their workers to think and act like owners. ESOPs can also improve workforce retention, which is a boon for both young workers seeking career stability and companies that are battling for talent in a tight labor market.

In my book, blogs, and podcasts, you'll often hear me call retirement "the best half" of life. And I truly believe that with the support of a comprehensive financial plan, your golden years can be a long and enriching chapter full of adventure, connection, and self-discovery. But it's also true that the realities of aging can cut some of that fun short. The older we get, the more our knees and backs start aching, the longer bumps and bruises linger, and the quicker we run out of energy. The good news is that we all have more control over our physical health than we sometimes realize. These tips can help you improve your self-care routine and set goals that will help you age well in the New Year and into retirement.

What does "wealth" mean to you? For some folks, wealth is a salary level that will provide a better life for their families. Other people define wealth by having the means to do what they want, when they want, or buy what they want, when they want. And for many older Americans, wealth might be a number that they want to hit as they approach retirement age.

The numbers are finally out! And that means, if you haven't already started, it's time to get serious about working with your advisor to update your financial plan for 2023. On today's show, we discuss the changes coming to your Social Security and Medicare benefits next year, as well as an important clarification on the rules for inheriting IRAs that could impact how you and your family members think about legacy and tax planning.

I’m excited to announce that the 2nd Edition of my book, Keen on Retirement: Engineering the Second Half of Your Life, is officially available! And for a short time only, you can help us reach best-seller status by grabbing the Kindle ebook for just $0.99!

We received very enthusiastic responses from folks who attended our recent webinar, Maximizing Social Security Benefits. As always, Matt Wilson, Keen Wealth's President and Chief Investment Officer, did an outstanding job of presenting up-to-the-minute information explaining some strategies for integrating Social Security into a comprehensive financial plan.