Video Link: https://www.youtube.com/watch?v=iM65D6rei_4

21-09-2012 15:01 As we save for our retirement years it's not uncommon to find ourselves with more accounts than we know what to do with. http As we save for our retirement years it's not uncommon to find ourselves with more accounts than we know what to do with. Throughout our working years we have sporadic opportunities to save for retirement and we are told diversification is the key to retirement success. As a result many savers find themselves with multiple retirement accounts. For example: 3 CDs, a Money Market Account, 2 annuities, an IRA, a 401(k) or 403(b), and 2 brokerage accounts. That would be a total of 10 separate retirement accounts. Here are just a few challenges caused by having too many retirement accounts: Which account should you spend first and why? Which account should you spend last and why? How do you calculate Required Minimum Distributions from multiple qualified accounts? Is one account losing as much as another is earning? (break even) Will you have enough money for a comfortable retirement? Are your beneficiaries set up properly on ALL of your retirement accounts? Mesa Tucson Arizona Financial Retirement Planner/Adviser Jeff Vogan offers some strategies to consolidate and simplify the income process.

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Too many retierment accounts? Financial Retirement Adviser Jeff Vogan Mesa Tucson Arizona - Video