Tag: Family Business
Blueprint for Wealth (EP 1)

Blueprint for Wealth (EP 1)

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What happens when family values blend with financial planning? 

Explore the family-powered approach to finance with Richard and Andrew Hanson of Generations Wealth Management Group in this insightful episode of “Wealth Legacy Blueprint.” With Richard nearing a half-century in finance, and Andrew having made a significant career change under his father’s guidance, they share how deep family values and bonds influence their professional practice in retirement planning and life insurance.

Key Highlights:

  • Generational Wisdom in Finance: Richard shares his rich finance experience and his role in mentoring Andrew, focusing on a legacy of superior client care
  • From Warehouse to Wealth Management: Andrew describes his journey from manual labor to finance, highlighting key lessons in relationship-building from his father
  • Family-Oriented Client Relationships: The Hansons are dedicated to treating clients as family, offering personal support to set their firm apart
  • Personalized Client Approach: Richard uses his coaching experience to provide tailored financial advice that meets each client’s unique needs
  • The Power of Deep Relationships: The Hansons show how deep, trusting client relationships can transform a transactional business into a lasting partnership
  • And much more!

Connect with Generations Wealth Management Group: 

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How To Build Your Financial Legacy (EP 2)

How To Build Your Financial Legacy (EP 2)

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How can individualized retirement planning transform your financial future?

Join hosts Richard and Andrew Hanson in this episode of “Wealth Legacy Blueprint” as they explore essential retirement planning strategies. Emphasizing the importance of tailored retirement plans, they provide insights into key financial tools such as 401(k)s, IRAs, and Roth IRAs.

Key Highlights:

  • Individualized Planning: Tailor your retirement plan to your unique circumstances, considering your age, risk tolerance, and family dynamics. Personalized planning ensures that your retirement strategy aligns with your specific goals
  • 401(k) Plans: Discover the benefits of 401(k) plans, especially employer match contributions. The Hansons explain how to optimize your 401(k) through regular consultations with HR managers or financial advisors, ensuring you maximize your contributions and investment strategies
  • Tax Benefits: Learn about the tax advantages of different retirement accounts. Traditional 401(k) contributions are tax-deductible, while Roth 401(k)s and IRAs offer tax-free withdrawals in retirement, making them essential for long-term tax planning
  • Professional Guidance: Understand the critical role financial advisors play in retirement planning. The Hansons highlight how advisors can help you choose the right investment strategies and balance between traditional and Roth accounts based on your current and future tax expectations
  • Required Minimum Distributions (RMDs): Upon reaching age 72, you’ll need to start withdrawing from traditional IRAs, and these withdrawals are taxable. The Hansons provide tips on managing RMDs to avoid higher tax brackets, emphasizing the importance of strategic planning and professional advice
  • And much more!

Connect with Generations Wealth Management Group: 

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