| | Financial and Retirement Planning for Southwest Michigan | | |
Welcome to our news!
In each edition of our newsletter, we'll share some tips, some educational content, a team bio, and links to our free Retirement 101 Courses coming to Kalamazoo and Albion. You can reach us at any of the buttons above and we hope you find this content helpful!
| | Wishing You and Yours a Warm and Wonderful Holiday Season | |
FINAL COUNTDOWN
Your 2026 Medicare Deadline is FAST approaching!
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The Annual Enrollment Period (AEP) for your Medicare coverage ends December 7th.
If you're happy with your plan, great! But if you want to compare different Medicare plans to what you have today, or if your current plan is making changes to your drug costs or doctor network, you MUST act before the deadline.
Why review now?
➡️ Your prescriptions may cost more in 2026.
➡️ Your favorite doctors might be leaving your network.
➡️ A new plan could offer better benefits for less.
The December 7th deadline is firm. Don't risk an expensive mistake in the new year.
Call SWMI Financial at (269) 323-7964 TODAY for a complimentary review.
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Navigating the complexities of Medicare can be challenging, but with the right information, you can make informed decisions about your healthcare. What is Medicare?
Medicare is a federal health insurance program primarily for:
- People aged 65 or older.
- Certain younger people with disabilities.
- People with End-Stage Renal Disease (ESRD)
- People with Amyotrophic Lateral Sclerosis (ALS)
With Parts A, B, C, D, and Medigap Plans all available, find out exactly which plan(s) you really need. Our handy Medicare Guide provides a foundational understanding of Medicare, its different parts, eligibility, enrollment, and key considerations.
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The Critical Month for 2025 Tax Maneuvers | |
The deadline for several critical actions is December 31, 2025.
Mandatory Deadlines to Note:
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Required Minimum Distributions (RMDs): If you are age 73 or older by the end of 2025, you must complete your RMD withdrawal by December 31st to avoid a substantial IRS penalty.
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Roth IRA Conversions: The conversion must be complete by December 31st to be taxed in the 2025 tax year. This is a crucial move for future tax planning.
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Charitable Giving: All charitable contributions intended for a 2025 itemized deduction must be completed and postmarked by year-end.
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Final Actions: Ensure any final contributions to employer-sponsored retirement plans (401(k), 403(b)) are made to maximize tax-deferred growth for the 2025 tax year.
| | How Much Do You Really Need to Retire? | |
It's time to look past the generic "magic number" headlines. Your secure retirement figure is unique to you, and it’s about more than just a savings balance.
The crucial questions involve:
- Defining your desired day-to-day lifestyle.
- Accurately forecasting potential inflation.
- Mastering tax-efficient income streams.
Our latest video moves beyond basic savings benchmarks to explore the factors that truly determine your retirement number. Get the knowledge you need to build a plan you can trust.
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Meet the Backbone of SWMI Financial: Operations Manager Stacey Pennock
Since 2014, our Operations Manager has been an integral part of Southwest Michigan Financial, ensuring seamless client service and the efficient flow of our Kalamazoo office.
With a strong background in licensed insurance and financial services, the Operations Manager works diligently behind the scenes to streamline all client-related processes. This dedication allows our advisors to focus entirely on providing the top-tier retirement planning and investment management services that the Southwest Michigan community deserves.
We are proud to have such a committed professional enhancing every client experience. Learn what it means to work with a true partner in your financial journey.
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Retirement 101 is a hands-on, in-depth class looking into the many nuances of retirement financial planning.
We don’t waste your time reviewing basic principles, we focus our time on identifying and solving the important problem areas you need to understand to build a successful retirement plan. We review practical examples and allow you the opportunity to ask specific questions. Sign up early, seating is limited!
Upcoming Retirement 101 Classes:
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Tuesday, December 4, 6 p.m.: Albion College, Norris Hall, 900 W Michigan Ave, Albion, MI, 49224
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Our Company
Charles R. Henrich offers investment advisor services through Southwest Michigan Wealth Management, LLC, a Registered Investment Advisor in the state of Michigan. Insurance products and services are offered through Southwest Michigan Financial, LLC. The aforementioned are affiliated companies. Southwest Michigan Wealth Management, LLC and its advisors do not render tax, legal, or accounting advice. Southwest Michigan Wealth Management, LLC and Southwest Michigan Financial, LLC are not affiliated with or endorsed by the Social Security Administration or any government agency.
This email is being sent on behalf of an Investment Advisor Representative. It is intended exclusively for the individual or entity to which it is addressed. This communication may contain information that is proprietary, privileged, or confidential, or otherwise legally exempt from disclosure. If you are not the name addressee, you are not authorized to read, print, retain, copy, or disseminate this email or any part of it. If you have received this email in error, please notify the sender immediately by email or fax, and destroy all copies of this communication.
Contact Us | Disclaimer | Privacy Policy
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Kalamazoo Office
Southwest Michigan Financial, LLC
4341 S Westnedge Ave, Ste. 1201
Kalamazoo, MI 49008
Phone: (269) 323-7964
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Marshall Office
Southwest Michigan Financial, LLC
830 W Michigan Ave
Marshall, MI 49068
Phone: (269) 323-7964
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