As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans. Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future.

Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Kraig Strom, the host of Personal Pension Radio, is focused on helping you pack your bags for both halves of the retirement journey. Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Along the way, Kraig is ready to assist with all matters related to your financial wellbeing as well as your business and family legal needs.

Optimizing Retirement income and protecting your legacy does not happen with a product. You must have an integrated approach.

As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans. Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future.

Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Kraig Strom, the host of Personal Pension Radio, is focused on helping you pack your bags for both halves of the retirement journey. Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Along the way, Kraig is ready to assist with all matters related to your financial wellbeing as well as your business and family legal needs.

Optimizing Retirement income and protecting your legacy does not happen with a product. You must have an integrated approach.

DISCLAIMER: Kraig Strom is not an attorney or a certified public accountant. Kraig is a Certified Financial Planner Professional®, a Chartered Financial Consultant®, and an Investment advisor representative. As cool as all that may sound, this video is only helpful hints, tips and education. This video is not specific tax, legal or investment advice. Before you decide to take action on anything you see in this video, please consult with your tax, legal or investment advisor first.

Kudos to listener Michelle who sent me an email with a question for her mom Michelle writes: "Kraig, thank you thank you thank you. I'm so glad that i found your show and that you responded to my email.

Despite being a realtor for 22 years, I was not familiar with the estate plan changes my mother was contemplating. Without your help, we would have recorded her property title changes all wrong. Backstory: when Michelle introduced me to her mom, i quickly realized that she needed much more in-depth estate planning work.

Got questions about maximizing your retirement income, saving for retirement, life insurance, or estate planning? Send me an email to kraig@kraigstrom.com. I am always willing to see if i can Help!

DISCLAIMER: Kraig Strom is not an attorney or a certified public accountant. Kraig is a Certified Financial Planner Professional®, a Chartered Financial Consultant®, and an Investment advisor representative. As cool as all that may sound, this video is only helpful hints, tips and education. This video is not specific tax, legal or investment advice. Before you decide to take action on anything you see in this video, please consult with your tax, legal or investment advisor first.

I run a great car show every week in Corona CA. It's called Cars & Coffee Corona (@carscoffeecorona) A friend at the show asked me about a YouTube video he watched recently about retirement.

He also listens to my podcast and knows how much I love financial entertainers like Dave Ramsey, Suzy Orman, and Chris Hogan. What is a Financial Entertainer? Take a listen. My friend said that Dave Ramsey said that people can get 10% income on their retirement money! Ooohhh really?! I asked him to send me the YouTube video he was referring too and sure enough, there was Dave talking nonsense again.

The video was published in 2020. Let me quote the biggest financial entertainer in the world…. Got questions about maximizing your retirement income, saving for retirement, life insurance, or estate planning?

DISCLAIMER: Kraig Strom is not an attorney or a certified public accountant. Kraig is a Certified Financial Planner Professional®, a Chartered Financial Consultant®, and an Investment advisor representative. As cool as all that may sound, this video is only helpful hints, tips and education. This video is not specific tax, legal or investment advice. Before you decide to take action on anything you see in this video, please consult with your tax, legal or investment advisor first.

With Christmas just around the corner, now is a great time to make sure credit card thieves and identity pirates cannot mess with your world. Identity thieves operate year round and the holiday season is prime time for credit card theft.

I am passionate about retirement income planning; however, if you don't protect your assets from creditors, predators, floozys and gigolos - what will your retirement income look like? Think identity theft won't happen to you because you pay for credit monitory? WRONG. Your identity is probably already stolen! Watch this video if you want to learn the best way to prevent identity theft.

Got questions about maximizing your retirement income, saving for retirement, life insurance, or estate planning? Send me an email to kraig@kraigstrom.com. I am always willing to see if i can Help!

DISCLAIMER: Kraig Strom is not an attorney or a certified public accountant. Kraig is a Certified Financial Planner Professional®, a Chartered Financial Consultant®, and an Investment advisor representative. As cool as all that may sound, this video is only helpful hints, tips and education. This video is not specific tax, legal or investment advice. Before you decide to take action on anything you see in this video, please consult with your tax, legal or investment advisor first.

The Wall Street answer to maximum retirement income is to invest more money. That is usually the answer to everything. Lose your dog - you need to invest more money. Flat tire - you must not have invested enough money. Investments are critically important to your retirement happiness; however, protection is often ignored.

Protection should be the first thing we talk about in a retirement planning conversation. It does not mater how good your retirement investments are if a civil liability claim blows up your plans. Dave Ramsey says that the answer to retirement is may off your house early and invest in a diversified basket of investment that will earn you a mythical twelve (12%) return. I agree that maximum income in retirement does require savings and investment.

It requires diversified investments and a good plan but what if something unrelated to the stock market threatens to ruin your plans? Will your retirement plan withstand the unexpected? Got questions about maximizing your retirement income, saving for retirement, life insurance, or estate planning? Send me an email to kraig@kraigstrom.com.

I am always willing to see if i can Help!

Before 1975, most Americans had two financial powers working for them as they headed up the financial mountain to retirement. 1. Accumulation 2. Actuarial Power in the form of pensions.

Today, less than 10% of workers have a pension to look forward too and most of those are government workers. WHY you ask - because governments can afford the pension because they can tax the Populous to pay for them! Did you catch the part about 1975? That is when the IRA and 401k came entered the scene.

That means that the primary retirement vehicle for most people is less than 50 years old!!! So - 50 years ago, people had Two Financial Powers they could rely on for retirement. They would give up some of their potential salary in return for a pension.

The pension company would professionally manage the investments and you would get the FIRST FINANCIAL POWER - Interest rate and/or rate of return. At retirement, the pension company would pay the retiree an income based on their actuarial mortality - ACTUARIAL SCIENCE. Pension companies spread out the risk of income payouts over a large POOL of pensioners and paid income based on actuarial based mortality tables, not on investment returns.

Today, most people rely on the 401k that they manage themselves They still get the opportunity to have a rate of return BUT when it comes time to take income from your 401k - you are ALONE in the RISK pool. You don't have anyone to share the risk with and therefore you must be very careful with how much you DRAW. This is where the 4% Rule comes from.

How can you bring both financial powers back to your retirement plans? What financial institutions specialize in ACTUARIAL SCIENCE? Got questions about maximizing your retirement income, saving for retirement, life insurance, or estate planning? Send me an email to kraig@kraigstrom.com.

I am always willing to see if i can Help!

Average rate of return has very little impact on retirement income planning. Yet, financial advisors and financial entertainers like Dave Ramsey often reference average rate of return as part of a retirement conversation. In fact, average rate of return has no place in a maximum retirement income plan. How to make your retirement income last? In this episode, I revisit the concept of sequence of returns risk which is one of the biggest risks to a secure retirement . Reaction to fluctuating rates Draw Rate - not interest rate Everyone wants Dave Ramsey's mythical 12% return in retirement but HOW? Two ways to get higher than Wall Street income - must have an alternate source of income.

WOULD YOU LIKE TO MAKE SURE YOU ARE ON TRACK FOR MAXIMUM RETIREMENT INCOME - SEND ME AN EMAIL: KRAIG@KRAIGSTROM.COM Got questions about maximizing your retirement income, saving for retirement, life insurance, or estate planning? Send me an email to kraig@kraigstrom.com. I am always willing to see if i can Help!