Videos

Big changes are on the horizon, and they could affect your retirement income, taxes, and estate plan. In this video, JB Beckett with Beckett Financial Group and Erin Kennedy break down what’s in the new legislation (aka the “big beautiful bill”) and how retirees can prepare now to take advantage of the benefits or avoid potential pitfalls.

Some of the most common beliefs about money, retirement, and investing are myths and believing in them can really hurt your financial future. In this video, JB Beckett with Beckett Financial Group and Erin Kennedy break down the biggest financial myths, including:

Myth #1: The market always goes up
Myth #2: The 4% rule works for everyone
Myth #3: My taxes will be lower in retirement
Myth #4: I don’t need life insurance once I retire

If you’ve built a plan around any of these myths, it might be time for a second opinion. Having a plan that accounts for your unique goals, tax situation, and legacy planning will help ensure your money lasts as long as your retirement. If you have any questions, visit www.BeckettFinancialGroup.com or call JB at (803) 939-4848.

Your 401(k) is NOT a Retirement Plan

Everyone’s favorite retirement account, the 401(k), is a great way to save, but it is just a tool, not a strategy. As JB explains, without proper planning, you could face unexpected taxes, income gaps, and market risk. 

There’s a reason 401(k)s are known as tax time bombs: beyond being tax-deferred (which means you will pay taxes at an unknown and probably higher rate in the future), the Required Minimum Distributions can push you into a higher tax bracket in retirement.

We are living in a historically low tax rate right now, and taxes are set to increase at the end of 2025. If you’d like to work with JB to create tax-free income in retirement, please call (803) 939-4848 or visit www.BeckettFinancialGroup.com.

Recently, stocks closed out their worst quarter since 2022. The S&P 500 and the Nasdaq logged their worst performance since Russia’s invasion of Ukraine.

While these headlines can be upsetting, as JB explains to Erin Kennedy, the market downturn can also provide some very specific opportunities for smart investors, including:

✅ Put Your Cash to Work – Lower valuations let you buy quality investments at a discount for long-term gains.
✅ Consider Tax Loss Harvesting – Selling at a loss can offset taxes now or in the future, turning dips into tax savings.
✅ Roth Conversions – Converting in a down market means paying less tax now and maximizing future tax-free growth.

If you’d like to learn how to take advantage of this market downturn, please feel free to give JB a call at (803) 939-4848 or visit www.BeckettFinancialGroup.com