In this episode, we dive deep into Roth IRAs, Roth conversions, and the most common mistakes people make when trying to take advantage of these powerful retirement planning tools. Whether you're thinking about a backdoor Roth IRA, navigating the pro-rata rule, or wondering when it’s smart to convert your traditional IRA to a Roth, this episode is packed with practical, strategic advice.
We break down when Roth conversions make sense (and when they don’t), how to avoid costly tax surprises, and why understanding your current and future tax brackets is crucial. We also explore Medicare IRMAA surcharges, Social Security tax traps, and the flexibility Roth accounts offer in retirement.
If you’re a high-income earner, in your 40s or 50s, or nearing retirement and want to optimize your tax strategy, this episode is a must-listen. Learn how to build tax-free income, reduce future RMDs, and make smarter financial decisions.
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Most retirees never plan for the financial impact of losing a spouse — here's what you need to know before it happens.
In this episode, we discuss a crucial but often overlooked part of retirement planning: preparing for the loss of a spouse. If you're planning for retirement, understanding what happens financially when a spouse passes away is essential. We cover the impact on Social Security benefits, pension decisions, retirement income changes, tax implications, and the importance of estate planning. Whether you're nearing retirement or already retired, these personal finance strategies can help you protect your future and minimize financial stress during difficult times. Learn how to adjust your financial plan, update beneficiaries, avoid probate, and build a support system to navigate the emotional and financial aftermath of losing a spouse. Don't leave these important conversations for later — proactive planning is key to a secure retirement!
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⏱ CHAPTERS00:00 – Intro: Why this topic matters00:23 – Planning for the unexpected death of a spouse01:08 – How retirement income changes02:26 – Understanding Social Security survivor benefits04:35 – Pension decisions and survivor options05:00 – How taxes change for surviving spouses06:36 – Updating your retirement tax plan07:25 – Planning for potential spending increases09:05 – Probate, estate planning, and account registrations12:43 – Simplifying finances for the surviving spouse13:45 – Emotional considerations and building a support system14:25 – Final thoughts

In this eye-opening episode, we dive into one of the biggest misconceptions in personal finance and retirement planning: retirement spending isn't flat. Learn how the "Retirement Smile"—also known as the Go-Go, Slow-Go, and No-Go Years—affects how much you should spend and when. Discover how dynamic retirement income planning helps you avoid underspending during your healthiest years, and why maximizing experiences can be more valuable than maximizing your Social Security benefits.
We'll show you how traditional tactics like the 4% rule and flat annuity income can lead to regret—and what to do instead. Whether you're in your 50s, 60s, or already retired, this is a must-listen for optimizing your retirement lifestyle and avoiding financial regret.
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Retirement isn’t just about your savings and investments—it’s about designing a fulfilling lifestyle! In this episode, we’re diving into five crucial non-financial things you need to plan for before you retire. If you're in your 50s or 60s and thinking about retirement, this is a must-Listen.
🔹 What You’ll Learn in This Episode:✅ The importance of finding purpose beyond your career✅ Why having a daily routine matters more than you think✅ How to maintain strong social connections in retirement✅ The role of health and wellness in long-term happiness✅ Deciding where to live in retirement—downsizing, relocating, or aging in place
 
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Are you panicking over recent market downturns?  In this episode, I dive into a critical client meeting that revealed two major lessons: perspective and empathy. Whether you're navigating personal finance, investing for retirement, or simply trying to understand the market's ups and downs, this episode will provide actionable insights to help you stay calm, focused, and financially secure.
🔹 Topics Covered:✅ How emotions impact investment decisions✅ Why market downturns aren’t the end of the world✅ The right way to build a resilient financial plan✅ Roth conversions & tax strategies for downturns✅ The power of long-term investing over market timing
⏰ CHAPTERS00:00 - Introduction & Client Story01:55 - The Market Fear Cycle: Why Investors Panic04:14 - The Real Concern: Running Out of Money?06:54 - The Cost of Market Timing vs. Long-Term Growth10:36 - Strategies to Navigate Market Volatility12:45 - Roth Conversions: A Hidden Opportunity14:33 - Tax Loss Harvesting & Smart Financial Moves16:59 - The Power of Perspective: Zooming Out

In this episode, we uncover one of the best-kept secrets in retirement planning—the taxable brokerage account. While many focus on 401(k)s, Roth IRAs, and traditional IRAs, a taxable brokerage account provides unmatched flexibility, no contribution limits, and unique tax advantages.
💰 Key Topics Covered: ✔️ What is a taxable brokerage account and who can open one? ✔️ Why high earners & business owners should consider investing beyond retirement accounts ✔️ How to leverage long-term capital gains for lower tax rates ✔️ The power of tax-loss harvesting & tax-gain harvesting for smarter investing ✔️ Using brokerage accounts for early retirement, college savings, and generational wealth ✔️ How to avoid common tax mistakes and maximize returns
If you're serious about personal finance, investing, and retirement planning, this episode is a must-watch! Don't forget to LIKE, SUBSCRIBE, and hit the NOTIFICATION BELL for more expert insights.
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#RetirementPlanning #PersonalFinance #Investing #TaxPlanning #FinancialFreedom #WealthBuilding #BrokerageAccounts #401k #RothIRA

In this episode, we welcome legendary retirement researcher Bill Bengen, the creator of the original 4% rule, to discuss his latest findings and how retirement withdrawal strategies have evolved. If you’re planning for financial independence, early retirement, or traditional retirement, this episode is essential!
🔹 What is the new 4% rule, and how has it changed?🔹 How to determine a safe withdrawal rate in today’s market🔹 The impact of inflation on retirement portfolios🔹 Stock market valuation and its role in retirement planning🔹 How to avoid running out of money in retirement🔹 Investment strategies to maximize long-term wealth
Bill also shares insights from his new book, "A Richer Retirement: Supercharging the 4% Rule," where he reveals his latest research, updated safe withdrawal rates, and ways to optimize your retirement income strategy.
 

Are you unknowingly setting yourself up for massive tax bills in retirement? In this episode of #advisedpodcast, we break down essential retirement tax planning strategies to help you minimize taxes, maximize savings, and protect your wealth.
✅ When should you start planning for retirement taxes?✅ How much tax do you really want to defer?✅ Are you prepared for multi-generational tax exposure?✅ What are the best strategies for tax efficiency in retirement?
 
We explore key considerations for creating a tax-smart retirement strategy, including ways to manage taxable income, reduce future liabilities, and structure your assets more efficiently. By making informed decisions now, you can potentially save hundreds of thousands in unnecessary taxes and gain greater financial flexibility in retirement.
 

In this episode, we dive deep into everything you need to know about RMDs, tax planning, and strategies to protect your retirement savings.
Discover how RMDs are calculated, why they can lead to a “tax bomb,” and how they affect Social Security, Medicare premiums, and overall retirement income. We cover actionable strategies like Roth IRA conversions, proactive tax planning, and Qualified Charitable Distributions (QCDs) to minimize your tax burden and maximize your wealth.
This podcast is packed with expert insights and practical tips to help you plan for RMDs, avoid costly penalties, and preserve your retirement lifestyle. Whether you're just starting retirement planning or looking to refine your strategy, this video is your ultimate guide to personal finance and retirement planning success.
Tags: retirement planning, personal finance, RMDs, required minimum distributions, tax planning, Roth IRA conversions, Qualified Charitable Distributions, IRA, 401(k), retirement savings, tax strategies, Medicare premiums, Social Security, retirement income, financial planning, retire rich, wealth management, financial independence, tax-efficient investing.
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Thinking about investing in real estate but unsure how to determine if a property is a good deal? In this episode, we break down how to evaluate rental properties, calculate cash flow and ROI, and compare real estate to other investments like stocks and bonds. Whether you're a new investor or a seasoned landlord, understanding real estate valuation is crucial for maximizing profits and building long-term wealth.
Join Rick Luchini and Austin Preece, a financial planner specializing in real estate investing and retirement planning, as they discuss: ✅ How to calculate cash flow and why it’s key to real estate investing success ✅ The four ways real estate generates returns (cash flow, appreciation, loan paydown, and tax benefits) ✅ How to analyze rental properties before you buy ✅ Real estate vs. stock market investing – which is better for retirement? ✅ Should you sell, hold, or refinance your properties?
If you're planning for financial freedom, looking to grow passive income, or need a strategy for real estate investing in retirement, this video is for you!
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