The Parady Blog
At Parady Financial, we belive that education is paramount!
Retirement Planning Pitfalls (And How to Avoid Them for Peace of Mind)
Retirement success in The Villages is not just about how much you saved, it is about which mistakes you avoid. In this guide, Greg Parady highlights four major retirement planning pitfalls, no “seatbelt,” emotional decisions, underestimating longevity, and going it alone, and shows how to stress-test your plan for peace of mind.
From Nest Egg to “Paycheck”- Retirement Income Planning Strategies to Live Your Life, Your Way℠
Many Villagers retire with a sizable 401(k) but no clear plan to turn it into monthly income. This guide walks through retirement income planning strategies, guaranteed paychecks from Modern Annuities®, Social Security decisions, Roth conversions, and even part-time work, so you can enjoy Your Life, Your Way℠ without constantly worrying about the markets.
Retirement Income Strategies: Balancing Tax-Deferred and Tax-Free “Buckets”
Most retirees keep too much in tax-deferred Red assets, creating unpredictable tax bills later. Greg Parady’s Red-Yellow-Green model shows how to balance buckets, add pension-like income with Modern Annuities®, and convert Red to Green with Roth and Modern Life Insurance™ for steadier, after-tax income. Retirement income strategies from Parady Financial
UnTax Your Retirement™: Roth Conversions & Other Tax-Free Income Strategies
Retirement should be your reward, not a time to worry about the IRS taking more than their fair share. But with the 2017 Tax Cuts and Jobs Act set to expire at the end of 2025, the window for historically low tax rates is closing fast. In response, Roth IRA...
Modern Annuities 101®: How Annuities Work to Secure a Guaranteed Income
If you’re planning for retirement in The Villages, FL, and wondering how annuities work, you’re not alone. With Google searches for annuities skyrocketing over the last 18 months, retirees are looking for dependable, low-stress income strategies that don’t ride the...
Want To Help Your Kids? Smarter Financial Strategies For The Next Generation
Want to help your kids without leaving them a tax headache? This post explains how inherited IRAs work under SECURE Act 2.0’s 10-year rule, plus smarter ways to offset taxes using life insurance, Roth conversions, and annuities.
How To Beat Debt In Retirement
Debt in retirement is rising, and it can feel harder to get ahead on a fixed income. This post shares simple ways to build more predictable income, prepare for surprises, and borrow smarter.
How to Secure Your Retirement While Caring for Elderly Parents, Adult Children, and Grandchildren
Trying to Secure Your Retirement while caring for parents, adult children, or grandkids can feel overwhelming. This post walks through practical planning steps so you can support loved ones without losing sight of your own future.
3 Conversations Every Couple Needs to Have Before Retirement
Retirement income planning gets easier when you and your spouse align on what you want retirement to look like, how income will work, and what legacy matters most. Start these three conversations now.
Parady Financial Group
4 Expenses That Could Drain Your Retirement Accounts
Retirement accounts can take a hit from taxes and income thresholds you may not see coming. Here are four common drains to plan for before they surprise you.
When Is the Best Time to Purchase Life Insurance?
Life insurance is often delayed until “later,” but timing can affect costs and planning flexibility. This post breaks down how life insurance can fit at different life stages.
Is It Worth the Risk? How to Evaluate Financial Decisions
You’d be hard-pressed to find a word people hate hearing more than “risk” in the context of their financial plan, which is no surprise. We want our financial decisions to generate reliable, predictable results! However, as the saying goes, you can’t have your cake and...