Shows
Secure Your Retirement4 Tax Strategies to Lower Your 2025 Tax BillIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss four powerful tax strategies you can start looking at now to lower your 2025 tax bill and create more long-term flexibility in retirement. They unpack the difference between simple tax filing and true tax planning, walking through how proactive tax projections, IRA tax planning, and coordinated strategies can help reduce taxes over your lifetime—not just this year. You’ll hear how their team uses a comprehensive tax checklist and planning process to help you secure your retirement and avoid costly surprises.Listen in to lear...
2025-11-1732 minSecure Your RetirementOne Big Beautiful Bill – Part 2In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the latest provisions of the One Big Beautiful Bill and how these updates directly affect retirees and pre-retirees. Joined by tax expert Taylor Wolverton, CFP® and EA, they dive into key areas of the 2025 tax changes that could significantly impact your retirement planning strategies. From estate tax exemption levels to the nuances of the QBI deduction, these insights help you better understand how to navigate Taxes in Retirement while maximizing opportunities for long-term tax savings.Listen in to learn about how provisions such as t...
2025-10-0620 minSecure Your RetirementThe Fed Just Cut Rates - What It Means for Your RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the recent Fed rate cuts and what they mean for your retirement. After years of historically high Federal Reserve interest rates, the first rate cut of 2025 signals an important turning point for retirees and those planning retirement. With retirement interest rates shifting, CDs, bonds, and even savings accounts are no longer producing the same returns as just a year ago. This episode breaks down how the Fed interest rate changes impact your retirement investment strategy, from cash and CDs to fixed index annuities, bonds, and equities.
2025-09-2917 minSecure Your RetirementIs It Possible to Leave Work Before 65?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss what it really takes to retire before 65 and the key strategies you need to make early retirement not only possible but sustainable. Many people assume that leaving work before Medicare at 65 is too expensive or too risky, especially when it comes to health insurance before Medicare, tax planning, and long-term income strategies. But with the right process, tools, and guidance, you can build a retirement plan that helps you retire early and retire comfortably.Listen in to learn about the essential areas you must...
2025-09-2225 minSecure Your RetirementMedicare Advantage Brokers and You – Staying Safe & Asking Smart QuestionsIn this episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq sit down with Medicare specialist Shawn Southard to unpack the recent developments around Medicare Advantage brokers, broker compensation, and the impact of a federal court ruling on CMS Medicare rules. With Medicare open enrollment and aggressive Medicare marketing campaigns happening every year, understanding how brokers get paid and how it may influence the advice you receive has never been more important. Shawn explains how the recent court decision effects Medicare plan comparison, Medicare star ratings, and the role of brokers in guiding retirees. I...
2025-09-0820 minSecure Your RetirementThe One More Year Trap – Knowing When It's Time to RetireIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the “One More Year Trap” and why so many people struggle with knowing when it’s time to retire. For many, the decision to retire is not just about money—it’s about mindset, emotions, and confidence. They explore the common reasons people delay retirement, from financial incentives like bonuses and stock vesting schedules to the emotional ties that come from decades spent in a career. If you’ve ever wondered how to know when to retire or felt uncertain about stepping away from work, this conversation...
2025-09-0119 minSecure Your RetirementNUA 101 – Understanding Net Unrealized Appreciation in Your 401KIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss a powerful and often overlooked tax strategy: Net Unrealized Appreciation (NUA). Joined by their in-house tax and financial strategist Taylor Wolverton, they break down NUA explained in a simple and clear way, helping you understand how company stock inside your 401(k) could lead to significant tax savings in retirement. Whether you're currently working and approaching an in-service rollover 401k, or planning your 401k distribution strategy post-retirement, this episode provides critical insight for your financial decision-making.Listen in to learn about how to leverage Net...
2025-08-0424 minSecure Your RetirementI’m 55 and Saved $2 Million – Here’s What Retirement Really Looks LikeIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss a real-life retirement planning case study featuring a fictitious couple, John and Jane, who are 55 and aiming to retire at 62. With $2 million in savings, they’re asking the question so many do: Can I retire early and still live comfortably? Using advanced financial planning tools, they break down how income, Social Security timing, healthcare, taxes, and investment decisions work together to determine the answer. Whether you're dreaming of early retirement or refining your retirement strategy, this episode walks you through how to analyze your own plan....
2025-07-2830 minSecure Your RetirementTransitioning into Retirement: Key Steps for a Smooth ShiftIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the essential elements involved in Transitioning into Retirement and how to ensure you make a smooth and confident shift into this next stage of life. They walk through practical retirement planning steps that cover everything from creating a reliable retirement income strategy, navigating tax-efficient withdrawals, preparing for healthcare costs, and protecting against common retirement risks like market volatility. The Peace of Mind Pathway—a comprehensive process developed by the team—serves as a guide to address all the complex moving parts of retirement planning.List...
2025-06-3039 minSecure Your RetirementThe Peace of Mind Pathway – Step 3 – NurtureIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the third and final step in the Peace of Mind Pathway—Nurture. After creating a retirement-focused plan and implementing key strategies, nurturing your plan is what keeps it strong and adaptive for the long haul. Much like maintaining a car on a long road trip, your financial plan needs regular checkups, updates, and care to remain effective. This episode walks through the structure and purpose of your ongoing financial advisor meetings, and how regular reviews help you manage changes in income, required minimum distributions (RMDs), risk to...
2025-05-2619 minSecure Your RetirementRetirement Hobbies and Activities - What Today's Retirees Love to DoIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the fun and fulfilling side of retirement: retirement hobbies and retirement activities. After years spent working and raising families, many retirees look forward to rediscovering passions or picking up new interests. Radon and Murs explore why hobbies after retirement are so important for mental, physical, and emotional well-being and share some of the most popular retirement lifestyle ideas embraced by today's retirees.Listen in to learn about fun things to do in retirement, from volunteering in retirement and gardening to traveling and staying active...
2025-05-0520 minSecure Your RetirementRequired Minimum Distributions – RMDsIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss a crucial yet often confusing topic for retirees: Required Minimum Distributions (RMDs). Joined by their colleague Taylor Wolverton, a Certified Financial Planner and Enrolled Agent, they break down the rules surrounding what are RMDs, how they’re calculated, and the updates brought by the Secure Act RMD changes. If you're unsure about RMD rules 2025, or when and how much to take from your retirement accounts, this episode is for you.Listen in to learn about the mechanics of how do RMDs work, from when to...
2025-04-1420 minSecure Your RetirementEstate Planning Explained: Executor DutiesIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss what it truly means to be an executor of an estate. Joined by special guest Dave Hutton, an estate attorney with Wealth.com, they break down the essential estate executor duties and estate executor responsibilities in a way that is easy to understand. Whether you've been named an executor or are considering who to appoint, this episode provides the foundational knowledge you need to make informed decisions.Listen in to learn about the critical role of an executor, how the probate process works, and...
2025-04-0724 minSecure Your RetirementTariffs – What They Are – How They Work – How They Impact YouIn this Episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss a timely and often misunderstood topic: tariffs. With tariffs frequently making headlines, especially in relation to trade disputes like the US China trade war, it’s critical to understand what tariffs are and how do they work—particularly for those in or nearing retirement. Radon and Murs break down how tariffs work, how they’re implemented, and most importantly, what the Impact of tariffs could mean for your personal financial plan.Listen in to learn about the ways tariffs and inflation can influe...
2025-03-3121 minSecure Your RetirementThe Retirement Checklist ChallengeIn this episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss the Retirement Checklist Challenge, a structured approach to evaluating how prepared you are for retirement. They introduce a Retirement Checklist covering Retirement Income Planning, Tax-Efficient Retirement Strategies, Medicare and Retirement, Long-Term Care Planning, Risk Management, and Estate Planning for Retirees. The goal of the challenge is to help you assess your readiness by scoring yourself on 34 key factors that contribute to a Secure Retirement Plan.Listen in to learn about Financial Planning for Retirement, strategies for Retirement Savings, and ensuring a stress-free...
2025-03-2418 minSecure Your RetirementWhy Private Equity and Alternative Investments MatterIn this episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss the world of Private Equity Investing and Alternative Investments with Christopher Zook, the founder and Chief Investment Officer of CAZ Investments. CAZ Investments specializes in Investing in Private Markets, including Private Equity, Private Credit, and even Investing in Sports Teams. Christopher, who co-authored "The Holy Grail of Investing" with Tony Robbins, shares valuable insights into how these Alternative Investment Strategies can provide access to high-quality opportunities typically unavailable to individual investors.Listen in to learn about Non-Correlated Assets and their role in...
2025-03-1739 minSecure Your RetirementThe High Net Worth Guide to Secure Your RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the essential steps to creating a comprehensive financial plan designed for high-net-worth retirement. Joined by Nick Hymanson, CFP®, they walk through the emotional and financial transition from accumulating wealth during your working years to distributing that wealth to fund your retirement. They tackle the critical components of financial planning for retirement, including risk management, retirement income planning, and investment strategies that allow you to retire comfortably and confidently.Listen in to learn about how a solid retirement investment strategy, focused on the Three Bucket S...
2025-03-1031 minSecure Your RetirementConsidering Retirement Planning GoalsIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the essential aspects of setting your retirement planning goals to ensure you're not only prepared but also confident in your transition into retirement. Whether you are five to ten years out or already retired, having a clear retirement planning checklist is crucial to help you address areas like financial goal planning, lifestyle desires, and family considerations. They share real-life experiences of how thoughtful preparation helps people retire comfortably and why retirement planning is important for creating peace of mind.Listen in to learn about...
2025-03-0324 minSecure Your RetirementNavigating Retirement - Inflation, Market Volatility and Social SecurityIn this episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss some of the biggest concerns retirees face in 2025: inflation and retirement, market volatility, and Social Security benefits. As economic uncertainty continues, many are wondering how interest rates and the economy will impact their financial future. Radon and Murs provide valuable insights into how retirees can develop a sound retirement income strategy to navigate stock market fluctuations, optimize Social Security, and ensure financial security.Listen in to learn about the importance of financial planning for retirees and how a well-structured plan can help...
2025-02-2422 minSecure Your Retirement2024 Tax Filing Made Easy - Key Documents & Expert Filing TipsIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss tax season preparation with their in-house tax strategist, Taylor Wolverton. As tax season approaches, understanding your tax documents and making informed filing decisions can help reduce stress and ensure accuracy. Taylor shares expert insights on essential documents, filing strategies, and common tax mistakes to help make tax filing easy and efficient. Whether you're planning retirement tax strategies or determining how to file taxes effectively, this episode will help you navigate tax season with confidence. Listen in to learn about the different IRS tax forms y...
2025-02-1721 minSecure Your Retirement2025 - Economic Update with Andrew OpdykeIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss:The US economic outlook for 2025 with returning guest Andrew Opdyke, an economist who provides valuable insights into the key economic factors shaping the year ahead. With Federal Reserve policies, inflation and interest rates, and market volatility dominating financial conversations, we break down what investors and retirees need to know.From employment trends to investment strategy, Andrew highlights how government policies, market shifts, and technological advancements—such as AI and automation—will influence US economic growth in 2025. Whether you're focused on your retirement plan...
2025-02-1027 minSecure Your RetirementTravel Smarter - Insider Advice on Curating Once-in-a-Lifetime TripsIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss how retirement opens the door to incredible travel opportunities. Joined by travel consultant Molly Glasgow, they explore the secrets behind curating unforgettable, once-in-a-lifetime trips. Molly shares her expertise on planning bucket list trips, luxury travel experiences, and personalized itineraries, making travel both accessible and extraordinary for retirees. Whether you dream of cultural immersion travel or relaxing in world-class destinations, this episode offers invaluable tips on crafting unique travel experiences tailored to your preferences.Listen in to learn about the process of designing the perfect...
2025-02-0326 minSecure Your Retirement2025 Considerations About the EconomyIn this Episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss:The current state of the economy as we move into 2025. Joined by Tom Siomades, a chief marketing economist, they analyze how the election results, policy changes, and global events are influencing the stock market trends and broader economic outlook. Tom’s straight-talking insights provide valuable perspectives on inflation vs. interest rates, long-term investment planning, and small business growth.Listen in to learn about:The challenges and opportunities shaping the 2025 economic outlook. Tom highlights key market trends, including the re...
2025-01-2729 minSecure Your Retirement5 Things to Know About Medicare Advantage Open Enrollment Period for RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the complexities of the Medicare Advantage Open Enrollment Period with Shawn Southard, the Medicare aficionado at Peace of Mind Wealth Management. If you’ve ever felt overwhelmed by the intricacies of Medicare Advantage plans, prescription drug coverage, or Medigap policies, this episode is a must-listen. Shawn breaks down the options available, clarifies the rules for switching plans, and highlights key considerations for ensuring your Medicare coverage fits your unique needs.Listen in to learn about the differences between Medicare Advantage and original Medicare, how to...
2025-01-2016 minSecure Your Retirement2025 - Common Deductible Charitable Gifts in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the strategies and rules surrounding common deductible charitable gifts in 2025. As the new year begins, many individuals are setting charitable giving goals while seeking to maximize their tax benefits. From understanding adjusted gross income (AGI) limits to choosing between donating cash, appreciated assets, or qualified charitable distributions, this episode walks you through everything you need to know to make informed decisions.Listen in to learn about the tax benefits of donations, the importance of choosing the right type of gift, and how to align...
2025-01-1318 minSecure Your Retirement2025 - Important Financial Numbers in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss key updates to the important financial numbers for 2025 that impact tax planning, retirement contributions, and other critical aspects of financial planning. They explain how inflation adjustments have influenced tax brackets, 401(k) and IRA contribution limits, Medicare IRMAA thresholds, and more. Whether you're planning your retirement or already enjoying it, this episode is packed with insights to help you navigate 2025 with confidence and clarity.Listen in to learn about the updated financial planning numbers that are essential for a secure retirement. Radon and Murs delve...
2025-01-0620 minSecure Your RetirementWhat Issues in Retirement Should I Consider at The Start of the YearIn this Episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss how to approach the start of 2025 with clarity and purpose. They introduce a detailed checklist to help you organize and plan various aspects of your life, including cash flow management, estate planning updates, tax considerations, and more. This isn’t just about setting New Year financial goals or resolutions; it’s about preparing comprehensively to ensure smoother transitions and better decision-making throughout the year. They also share practical steps for managing both personal and financial priorities effectively.Listen in to learn about acti...
2024-12-3027 minSecure Your RetirementHow to Retire at 62 - All the Numbers You Need to KnowIn this episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq continue their discussion from Episode 292 on How to Retire at 62. In this follow-up, they welcome their team member, Taylor Wolverton, to dive into the numbers of a real-world retirement financial plan. Together, they walk through detailed retirement scenarios for someone looking to retire at 62, highlighting critical strategies to ensure a secure and sustainable retirement. From income and expenses to Social Security at 62 and withdrawals, they leave no stone unturned.Listen in to learn about how to build a financial plan that works for...
2024-12-2319 minSecure Your RetirementNavigating Life After Losing a Spouse: Financial and Emotional StepsIn this Episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss the difficult yet essential topic of navigating life after losing a spouse. They dive into critical financial and emotional steps to help widows and widowers during this challenging time. Losing a spouse is an emotional whirlwind, and the decisions that follow can feel overwhelming. However, with the right guidance and a structured approach, you can ensure a smoother transition. Listen in to learn about the importance of having a comprehensive Checklist for Surviving Spouse, which includes financial advice, legal matters, and practical s...
2024-12-1617 minSecure Your RetirementHow to Retire at 62 in 2026 With Peace of MindIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss: How to build the foundational steps for retiring at age 62 and achieving peace of mind in retirement planning. They dive into the critical questions that need to be answered, the data required to assess retirement readiness, and the steps to create a retirement roadmap. With this episode as the first of a two-part series, Radon and Murs explain how understanding your financial situation and goals lays the groundwork for a secure retirement.Listen in to learn about:· The key elements of a re...
2024-12-0918 minSecure Your RetirementNationwide Monument Advisor For Tax Planning Strategies in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss the Nationwide Monument Advisor, a unique variable annuity designed to optimize tax planning strategies for retirement. While variable annuities often have a negative reputation due to high fees and restrictions, this product offers a refreshing alternative with minimal costs and significant tax deferral benefits. Learn why Radon and Murs believe this tool can be a game-changer for individuals with non-qualified assets, such as brokerage accounts, who are looking to improve their tax strategies while planning for retirement.Listen in to learn about...
2024-12-0216 minSecure Your RetirementThe Four Phases Of RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the fascinating journey of transitioning into retirement with special guest Dr. Ridley Moynes, author of The Four Phases of Retirement. This episode dives deep into the emotional, mental, and financial aspects of retirement, addressing the critical question: "Is retirement only about money, or is there more to finding purpose in retirement?" Dr. Moynes shares the framework he developed after years of research and over 150 interviews, breaking down the stages of retirement that retirees commonly face. Whether you are planning retirement or already retired, this episode will...
2024-11-2531 minSecure Your RetirementHow Much Money Do I Need Saved to Spend 10,000 Per Month in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the question many retirees and pre-retirees ask: "How much money do I need saved to spend $10,000 per month in retirement?" This is a highly specific question that requires a tailored approach to retirement planning. Radon and Murs reverse engineer this scenario to illustrate how to plan effectively, considering factors like budgeting on Social Security, inflation, and market volatility. They share insights into how their firm uses personalized retirement planning to provide peace of mind and ensure you can retire comfortably without worrying about running out of...
2024-11-1821 minSecure Your RetirementAnnuities in Retirement as an Asset ClassIn this episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss the often-overlooked potential of annuities as a vital component of retirement portfolios. While traditionally, retirement planning relies on the 60/40 portfolio split between equities and bonds, Radon and Murs explore a fresh approach suited to today’s financial landscape. With fluctuating interest rates and persistent market volatility, it’s essential to consider alternatives like fixed index annuities to help manage stock market risk and secure retirement income.Listen in to learn about the unique benefits of using annuities as an asset class and why...
2024-11-1118 minSecure Your RetirementEstate Planning 101 - The Importance of a Letter to Your Heirs in RetirementIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the often overlooked but crucial topic of creating a letter to your heirs. This letter serves as an essential supplement to your estate planning documents and plays a significant role in ensuring a smooth transition for your loved ones. The episode highlights how this thoughtful approach can simplify the process, ease emotional stress, and transfer the peace of mind you’ve enjoyed during your retirement planning to your heirs.Listen in to learn about why a letter to your heirs is more than just a...
2024-11-0415 minSecure Your RetirementAndrew Opdyke - 2024 - 3rd Quarter Economic Update for RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the state of the U.S. economy with insights from Andrew Opdyke, an economist for First Trust Investments. As we approach the end of 2024, Andrew shares his expert outlook on critical economic trends, including the Federal Reserve’s recent rate cuts, the potential impact of the upcoming elections, and the ongoing geopolitical risks that could shape the year ahead. He provides valuable perspective on what these developments mean for both businesses and individuals as they plan for their financial future.Listen in to learn ab...
2024-10-2132 minSecure Your RetirementLong-Term Care in Retirement - Annuity and Life - Side by SideIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the final installment of their series on hybrid long-term care solutions, focusing on annuity versus life insurance. They provide an in-depth comparison of these two options, highlighting the pros and cons of each approach to help listeners determine which solution may be more suitable for their retirement planning. This episode serves as a comprehensive wrap-up of previous discussions on long-term care, offering valuable insights for anyone looking to secure their future and address long-term care needs.Listen in to learn about the specifics of...
2024-10-1420 minSecure Your RetirementRetirement and The Power of FDIC Coverage and Competitive RatesIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss an exciting new partnership with Flourish Cash, a high-yield, FDIC-insured cash management account offering competitive rates and massive FDIC coverage. Special guest Ben Cruikshank from Flourish Cash joins the conversation to explain how this account can protect your savings while offering liquidity and great interest rates. Radon and Murs break down the benefits of Flourish Cash, its no-minimum balance requirement, and how it provides FDIC coverage up to $5 million per person. They also stress the importance of having a safe and efficient place to store excess...
2024-10-0731 minSecure Your RetirementLong-Term Care Solutions in Retirement - Hybrid Life InsuranceIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the life insurance-based hybrid long-term care solutions, building on their previous conversation about hybrid annuities. They explore the advantages of a hybrid approach, particularly focusing on the MoneyGuard Fixed Advantage policy as an example. Radon and Murs explain how this product offers both a death benefit and long-term care coverage, making it an attractive option for those looking to protect their assets and ensure care later in life.Listen in to learn about the key features of hybrid long-term care insurance, including tax-free benefits...
2024-09-3022 minSecure Your RetirementRetirement Long-Term Care Solutions - Hybrid AnnuityIn this Episode of the Secure Your Retirement Podcast, Radon Stancil and Murs Tariq discuss hybrid long-term care insurance, with a focus on the Equitrust Bridge annuity and how it serves as a powerful tool for retirement planning. They explore the benefits of using hybrid annuities, a strategy that combines retirement income with long-term care coverage, offering a versatile solution for those concerned about managing future healthcare needs. In addition to breaking down how these products work, Radon and Murs also highlight the significant tax benefits they can provide, making them a valuable option for many retirees....
2024-09-2330 minSecure Your RetirementLong Term Care Insurance Options in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs sets the stage for the next two episodes, which will dive deeper into long term care options.Listen in to learn about the changes in long-term care insurance over the past 20 years and why traditional policies are becoming less common. Discover alternative long-term care solutions, such as hybrid policies that combine life insurance or annuities with long-term care benefits, and understand the pros and cons of each approach. This episode provides a high-level overview to prepare you for more detailed discussions in future episodes.
2024-09-1620 minSecure Your RetirementNavigating Your Social Security Retirement BenefitsIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the intricacies of Social Security retirement benefits and answer some of the most commonly asked questions. They break down key topics such as when and how to apply for Social Security benefits, understanding the taxation implications, and how to maximize your benefits. Listen in to learn about the various factors you should consider when deciding when to apply for Social Security benefits, how Social Security benefits are calculated, and how different types of income, like IRA withdrawals, might impact your benefits. They also delve...
2024-09-0219 minSecure Your RetirementDe-Risking Your Investment Portfolio as You Approach RetirementIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the crucial topic of de-risking your investment portfolio as you approach retirement. As you get closer to this significant life milestone, the question of whether to become more conservative with your investments becomes more pressing. Radon, Murs, and guest certified financial planner Nick Hymanson explore various strategies to manage and reduce risk, emphasizing the importance of a personalized approach to retirement planning.Listen in to learn about different types of risks that can affect your retirement, including market risk, sequence of returns risk, and...
2024-08-2623 minSecure Your Retirement401K Rules in Retirement After Reaching Age 50In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the essential rules and considerations surrounding your 401K as you approach and surpass the age of 50. Age 50 is a pivotal milestone when it comes to retirement planning, with key changes in contribution limits, withdrawal rules, and rollover options that can significantly impact your financial strategy. Understanding these rules can help you optimize your retirement savings and avoid costly mistakes. Listen in to learn about the benefits of catch-up contributions, how to navigate the complex rules for 401K withdrawals after age 50, and the strategic opportunities a...
2024-08-1917 minSecure Your RetirementWhat Documents Should I Keep on File in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the crucial documents you need to keep on file as you approach or enter retirement. It's not uncommon to feel overwhelmed by the amount of paperwork accumulated over the years, especially when it comes to tax returns, legal documents, and health care records. This episode offers valuable insights on how to manage your important documents effectively to ensure peace of mind during retirement.Listen in to learn about the best practices for storing and organizing tax documents, health care records, legal papers, and other...
2024-08-1221 minSecure Your RetirementIs Your Annuity Working For You in Retirement? - Key Reasons to Reevaluate NowIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the importance of reevaluating your annuity, especially in the current economic climate. The episode dives deep into scenarios where reassessing your current annuity product can be beneficial, highlighting how both banks and insurance companies have gained from the recent rise in interest rates. Listen in to learn about the four main reasons why you should consider reviewing your annuity now. Radon and Murs break down the impact of higher interest rates, inflation, and unnecessary riders, and how significant life events can affect your financial d...
2024-07-2917 minSecure Your RetirementSocial Security at 62 vs 67 in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss whether to take Social Security at age 62 or wait until the full retirement age of 67. This is one of the most frequent and challenging questions they encounter from clients. Through a detailed example featuring their colleague Taylor, they explore the considerations that influence this significant choice.The conversation highlights the significance of having a comprehensive retirement plan that not only addresses financial needs but also considers personal goals and lifestyle choices. This episode is packed with expert advice and practical tips to help you...
2024-07-1528 minSecure Your RetirementUnderstanding Holistic Wealth Management in Retirement– Beyond Just InvestmentsIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss holistic wealth management, which goes beyond just savings and investments. While an investment manager looks at your investments or savings in your wealth accumulation phase, a holistic wealth manager helps you build a comprehensive retirement-focused financial plan. Listen in to learn all the data points we collect and focus on to help you build a comprehensive retirement-focused financial plan. You will also learn the advantages of having a holistic wealth manager to help you make major financial decisions in retirement that you might otherwise h...
2024-07-0119 minSecure Your RetirementHow Much Income Do I Need in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the income needed during retirement. It’s important to understand that spending needs in retirement will differ significantly from your current earnings due to various factors such as taxes, savings, and job-related expenses. Listen in to learn about a comprehensive approach to estimating retirement expenses by identifying costs that will decrease or disappear in retirement. You will also learn about expenses that will remain constant or increase during retirement and the importance of examining your current net income and expenses to understand your spending pat...
2024-06-2415 minSecure Your RetirementHow to Avoid Scams in Retirement - Practical Tips for Preventing FraudIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss practical tips on how to safeguard your information and prevent cybersecurity fraud. Fraudsters are continuously evolving their tactics, making it easy to fall victim with a simple click, which is why keeping yourself educated is important. Listen in to learn the importance of regularly updating your personal information with your financial advisor and only making changes with verbal verification. You will also learn the importance of being suspicious of unsolicited emails and phone calls, avoiding sharing sensitive information on social media, and verifying money m...
2024-06-1721 minSecure Your RetirementForm 5498 Demystified - Essential Tax Information for RetirementIn this Episode of the Secure Your Retirement Podcast, Radon, Murs, and Taylor discuss the significance of Form 5498 as an essential tax information document. Taylor describes Form 5498 as an informational document that reports contributions, rollovers, and required minimum distributions (RMDs) related to IRAs. Listen in to learn why Form 5498 is important for record-keeping and verification purposes but does not impact the already filed tax return. You will also learn why the form shouldn’t cause alarm since it doesn’t necessitate any changes to the already filed tax returns. In this episode, find out: The inf...
2024-06-1015 minSecure Your RetirementAnnuitization Versus Deferred Annuities in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the concept of annuitization and immediate annuities versus deferred annuities. Annuities can come from different sources, such as insurance companies or municipal pensions. Listen in to learn how immediate annuities work, their pros and cons, and risks such as the potential loss of the principal if the annuitant dies early. You will also learn how deferred annuities work, the fixed type of deferred annuities, and why they make more sense for retirement planning than immediate annuities. In this episode, find out: The...
2024-06-0318 minSecure Your RetirementWhat's The Difference Between FDIC and SIPC in Retirement?In this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the difference between FDIC (Federal Deposit Insurance Corporation) insurance and SIPC (Securities Investor Protection Corporation) insurance. Both FDIC and SIPC offer protection of funds held in accounts at financial institutions like Charles Schwab or Fidelity.Listen in to learn about the basics of FDIC insurance, which protects bank deposits, and SIPC insurance, which safeguards investors against the loss of cash and securities. You will also learn about strategies to help you maximize coverage using account titling and diversification.In this episode, find...
2024-05-2716 minSecure Your RetirementWhy Savvy Savers Should Spend More in Retirement - Part 2In this Episode of the Secure Your Retirement Podcast, Radon, Murs, and Taylor discuss in detail the importance of spending more in retirement as a savvy saver. Taylor provides a numerical analysis and insights into how spending habits in retirement can impact your financial plan in a scenario of a sample retired couple in their late 60s. Listen in to learn the importance of aligning expenses with income sources and assets in retirement planning, considering inflation and the potential for increased expenses. You will also learn the importance of enjoying retirement and fulfilling bucket list items even w...
2024-04-2925 minSecure Your RetirementWhy Savvy Savers Should Spend More in RetirementIn this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the importance of spending more in retirement. The savings habits we build in our working years can unintentionally lead to a fear of spending money to enjoy life in retirement.Listen in to learn how to shift your mindset from fear of spending and start building good habits that will lead to a successful retirement. You will also learn about the experiences and things you can spend money on, plus the importance of planning ahead of your retirement.In this episode, find...
2024-04-2220 minSecure Your RetirementDo You Have All Your Eggs In One Basket in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the meaning of portfolio diversification and why you shouldn’t put all your eggs in one basket. True portfolio diversification means spreading your money across multiple layers of different options. Listen in to learn about the four major strategies we use to significantly diversify investment portfolios for our clients. You will also learn how we use a diversified fixed annuities portfolio for clients who want to avoid market risk. In this episode, find out: Understand that having multiple financial advisors/custodians doesn...
2024-04-1517 minSecure Your RetirementSequence of Returns - How It Could Affect Your Retirement PlanIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the impact of the sequence of returns on your retirement plan. The sequence of returns is the risk associated with how your money makes or loses money, and it can significantly impact your retirement plan.Listen in to learn the importance of having income safety and growth buckets to make your retirement smoother and reliable and give yourself peace of mind. You will also learn how the sequence of returns can positively and negatively impact your retirement investments and overall plan.In...
2024-04-0120 minSecure Your RetirementInvesting in Uncertain Times During Retirement – Election EditionIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the possible impact of the presidential election on your retirement investments. Political uncertainty causes increased volatility in the short term, and the idea here is to maintain security and peace of mind regarding your retirement plan. Listen in to learn why combining the strategic core and tactical portfolio strategies works well in lowering risk. You will also learn how structured banknotes lower the risk for a client to have a fixed income in case of a volatile market in an election year. In...
2024-03-1819 minSecure Your RetirementRetirement Tips For Gifting and Loaning Money to ChildrenIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss things to consider when gifting and loaning money to children. There are tax and financial implications when it comes to gifting, but you can do it right when you understand all the legalities.Listen in to learn the importance of understanding the purpose of gifting money to your kids to help you structure it and think of the implications. You will also learn how to navigate the legalities of loaning money or co-signing a house with your kids.In this episode, find...
2024-03-0421 minSecure Your RetirementHarnessing the Power of Step-Up in Basis in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss how to harness the power of step-up in basis when it comes to inheritance. A basis is the original investment into something and can be a big tax strategy as a step-up in inheritance.Listen in to learn about the tax advantage inheritors get when capital gains on investments are erased when you pass away. You will also learn the importance of having a conversation with a financial professional to evaluate the risk associated with holding one investment for basis purposes.In...
2024-02-2614 minSecure Your RetirementClosing the Gap Strategies for Coping with Medicare's Doughnut Hole in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs have Shawn Southard, our in-house Medicare expert, talk about Medicare's doughnut hole. Medicare’s doughnut hole is a temporary limit on what a Medicare drug plan will pay towards the course of the drug.Listen in to learn about the importance of enrolling into a prescription drug plan at the right time to avoid paying penalties. You will also learn about the four stages of how Medicare Part D works, plus strategies you can take yourself to avoid the doughnut hole.In this ep...
2024-02-1922 minSecure Your RetirementBeneficiary Best Practices in Retirement – A Yearly Check-InIn this Episode of the Secure Your Retirement Podcast, Radon, Murs, and Nick discuss beneficiary best practices and what’s discussed in a typical beneficiary’s meeting. Things can change in a year, and that’s why we believe it’s important to update or change beneficiaries annually.Listen in to learn how we prepare for the beneficiaries’ topic before the client meeting. You will also learn how primary and contingent beneficiaries work and the difference between per stirpes and per capita beneficiary designations.In this episode, find out:Understanding the topics covered in a financia...
2024-02-1219 minSecure Your RetirementDon't Gamble Your RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss why you shouldn’t gamble with your retirement. They compare how gambling in Vegas and retirement investing co-relates and why having an expert help you with your retirement strategy is important.Listen in to learn about the risk and reward concept in retirement investing and how your age and life experiences will impact it. You will also learn how to avoid uncertainty and unpredictability with an investment strategy and the importance of a good long-term strategy and a diversified investment portfolio.In th...
2024-01-2219 minSecure Your Retirement529 Plans to Roth IRA - How it Works in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the 529 plan as a tax-free investment vehicle and the new ruling around it. A 529 plan is a tax-free compound interest account funded for qualified educational expenses.Listen in to learn about the stipulations around the new ruling enabling rolling unused 529 money into a Roth IRA for the beneficiary you set it up for. You will also learn the importance of opening and funding a 529 account without going crazy with the money and teaching your kids/grandkids how to open a Roth IRA account as...
2024-01-1517 minSecure Your RetirementWhat Are You Getting for the Fee You Are Paying in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss what you should get for the fee you’re paying a financial advisor. When looking for a financial advisor, it’s important to ask yourself what you’re getting versus their fee.Listen in to learn about the three major types of financial advisors and what each offers you. You will also learn about categories of our Wealth Integrated Management System: specialized investment strategy, a retirement-focused financial plan, tax strategy, estate planning, and other ever-evolving elements to cater to our clients' needs.In thi...
2024-01-0119 minSecure Your RetirementReviewing 2023 in your RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs highlight some different episodes throughout 2023. These episodes’ topics are significant resources for retirement planning and would greatly help if you went back and listened.Listen in to learn the different episodes with information about what you need in retirement, including a power of attorney, estate planning, retirement income strategies, and more. You will also learn about the episodes on long-term care planning options, plus the basics of continuing care retirement community (CCRC).In this episode, find out:Episode 193 – the elements we discuss to h...
2023-12-2523 minSecure Your RetirementImportant 2024 Tax Numbers in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the important tax numbers for 2024. Tax rate numbers for 2024 are out, and it’s important to understand them to make the necessary adjustments and know how your income will be affected.Listen in to learn how the progressive tax system works and the importance of understanding your marginal and average tax rates. You will also learn about the 2026 tax rates sunset, long-term capital gains tax rates, standard deductions, and much more.In this episode, find out:The tax rates for 2024 and th...
2023-12-1827 minSecure Your RetirementEnd Of Year Issues to Consider in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the retirement issues to consider as we approach the end of the year. As the year ends and another begins, it’s important to have a checklist to ensure you have things closed out for 2023 and things set up for 2024.Listen in to learn about tax planning strategies to look at, such as threshold tax brackets, qualified charitable distributions, donor-advised funds, and more. You will also learn the benefits of having a Health Savings Account (HSA) and contributing to 529 accounts at the end of th...
2023-12-1123 minSecure Your RetirementThe Art of a Risk-Adjusted Portfolio in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the art of building a risk-adjusted portfolio. When building a risk-adjusted portfolio, it’s important to identify your personal risk preference and choose the best model to structure your investment portfolio.Listen in to learn the key differences between passive and active investment styles and the benefits of each in helping you reach your goals. You will also learn about the tactical and core investment strategies and how they considerably cut risk. In this episode, find out:The two styles of inve...
2023-11-0618 minSecure Your RetirementRoth IRAs - 5-Year Rule and Conversions in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the 5-year rule around Roth IRAs and what conversions look like. A Roth IRA is a powerful tax-free investment tool, especially as a long-term investment growth vehicle.Listen in to learn the difference between Roth IRAs’ contributions and conversions and how the 5-year rule applies to each. You will also learn about the five advantages of a Roth IRA: tax-free growth, not subject to RMDs, tax diversification, estate planning benefits, and hedge against future tax increases.In this episode, find out:Un...
2023-10-2326 minSecure Your RetirementRequired Minimum Distributions in Retirement - Monthly, Quarterly, or Annually?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the best time to take Required Minimum Distributions. Having a retirement plan and your personal preference will help you determine whether to take RMDs monthly, quarterly, or annually.Listen in to learn the advantages and disadvantages of taking required minimum distributions monthly, quarterly, or annually. You will also learn how the three-bucket strategy income safety and growth buckets can work together to your advantage.In this episode, find out:Required Minimum Distributions – the amount you’re required to take out of your...
2023-10-1624 minSecure Your RetirementQCDs and Donor Advised Funds in Retirement PlanningIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss things to be aware of about qualified charitable distributions (QCDs) and donor-advised funds. The QCDs and donor-advised funds are great tax benefits strategies, but they make sense in your retirement planning journey in two different scenarios.Listen in to learn about QCDs, the tax benefits you can take advantage of when donating to charity organizations, and the rules of the strategy. You will also learn more about the donor-advised fund, how to take advantage of itemizing tax returns, and the rules of the strategy.
2023-10-0117 minSecure Your RetirementMastering Medicare Planning in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss Medicare planning for those coming up on Medicare and those already in Medicare. This is a checklist of three main topics to help you understand what you should be thinking about when it comes to Medicare.Listen in to learn how to evaluate your prescription drug needs and choose the right Medicare plan that caters to those needs. You will also learn about Medicare supplements and Medicare Advantage plans, plus how to join our Free Webinar to learn more about Medicare planning from experts.
2023-09-1819 minSecure Your RetirementWhat's The Difference Between an EA and a CPA in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the difference between an enrolled agent (EA) and a certified public accountant (CPA) in retirement planning. The CPA and EA deal with tax at a certain level but differ in their education, scope of work, geographical limitations, and ethical standards.Listen in to learn how we utilize an EA to do tax strategy beyond just tax filing as part of retirement planning. You will also learn why we consider the current financial situation, retirement plan, tax deductions, tax loss harvesting, changes in tax law...
2023-09-1120 minSecure Your RetirementIntegrated Wealth Management Experience in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the elements of their integrated wealth management experience approach. An integrated wealth management experience offers a similar approach to a family office but for multiple people. A family office is a scenario where you have enough assets that you need a whole team to help you manage those assets.Listen in to learn more about the elements of an integrated wealth management experience: a retirement financial plan, specific-to-the-client investment process, and tax planning. You will also learn how we’re involved in every step of...
2023-09-0421 minSecure Your Retirement5 Financial Planning Topics That Need to Be Discussed AnnuallyIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss five financial planning things to do annually. It is preferable to do these things in or closer to the last quarter of the year, which allows you time to correct whatever needs correcting.Listen in to learn about things to consider when doing tax strategy and planning before the end of the year to enable changes. You will also learn the importance of having a Medicare and healthcare planning, year-end investment review, estate planning update, and reviewing your RMDs.In this episode...
2023-08-2817 minSecure Your RetirementProtecting Against Cybersecurity ThreatsIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss fourteen common practices to help you protect yourself against cyber security threats. The purpose of this isn’t to scare you but to empower you to be on the internet safely.Listen in to learn the importance of having strong and complex passwords for your home and office networks and avoid using one password for multiple sites. You will also learn the importance of being mindful when opening emails, using public Wi-Fi, sending sensitive data, and more to avoid cyber-attacks.In this ep...
2023-08-1424 minSecure Your Retirement2023 IRMAA Update - Will You Have a Surcharge for Medicare Part B and D?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the 2023 Medicare Part B and D IRMMA surcharges. They explain the modified adjusted gross income and the 2023 surcharges if you earn more than $97k single or $194k married filing jointly.Listen in to learn about the income-dropping circumstances the IRS considers when exempting anyone from the Medicare IRMMA surcharges. You will also learn you should be aware of your numbers when implementing any type of strategy.In this episode, find out:The modified adjusted gross income – the baseline that allows you no...
2023-08-0616 minSecure Your RetirementAnnuities or CDs - What You Should ConsiderIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the similarities and differences between annuities and CDs and the best one for retirement planning. In as much as CDs and fixed index annuities are similar, CDs are best suited for short-term investments, while annuities are best suited for long-term investments.Listen in to learn about interest rate risk or reinvestment risk associated with CDs and how it affects your investment in the long term. You will also learn about an annuity's higher rate of return potential due to its many index options.
2023-07-1717 minSecure Your RetirementUsing a Health Savings Account (HSA) for Medical and Retirement PlanningIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss ten advantages to a Health Savings Account (HSA) and why you need to know them. A Health Savings Account is a valuable medical and long-term retirement planning tool with more than just tax benefits.Listen in to learn how to let your HSA contributions grow and invest the money over time for future use as an asset. You will also learn the different ways you can control when and how you want to spend your money on different qualified medical expenses.In...
2023-07-1022 minSecure Your RetirementYou Have Enough to Retire, but How Do You Create an IncomeIn this Episode of the Secure Your Retirement Podcast, Murs discusses how to approach a retirement withdrawal strategy when you have enough to retire early. He explains the importance of having a financial professional to help you with the withdrawal strategy to avoid the stress of the deaccumulation phase.Listen in to learn the importance of starting a withdrawal strategy in the first few years of retirement to avoid a sequence of return risks. You will also learn about all the things you should be thinking about if you want to retire early or at any age...
2023-07-0327 minSecure Your RetirementWhat To Consider If Your Spouse Has Passed Away After RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the different retirement things to consider if your spouse passes away. They explain how to approach cash flow, estate settlement, insurance, tax, and investment and assets issues.Listen in to learn the importance of knowing how much you’re spending, where that money comes from, and what changes will happen after a spouse’s death. You will also learn the importance of getting an attorney to help you through the probate process if your deceased spouse didn’t have a will executor.In thi...
2023-06-2621 minSecure Your RetirementWhat If You Need Long-Term Care in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss long-term care, how it works, and your options. If you want to know and understand what long-term care may cost you in the future, you must first understand the actual cost of long-term care.Listen in to learn about assisted living services for long-term care that involve more than a nursing home. You will also learn about long-term care insurance methods/plans, how they work, plus the pros and cons of each.In this episode, find out:The importance of knowing...
2023-06-1230 minSecure Your RetirementDoes The Rule 100 Work in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss how Rule 100 applies to retirement planning risk management. The conversation around risk is extremely important for you to have an investment structure you’re comfortable with.Listen in to learn why investment risk is subjective and should be looked at as an individual. You will also hear us perform an exercise to help you understand our numerically driven system that measures risk comfort.In this episode, find out:Understanding why risk is an individual affair, plus why rule 100 may or may no...
2023-06-0519 minSecure Your RetirementHow To Manage Risk in Volatile MarketsIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss managing investment risk in volatile markets using the active management strategy. An active management strategy is not superior to the buy-and-hold investment strategy, but it is a great way to reduce risk in volatile markets.Listen in to learn how we use data/numbers to identify and align with the best asset classes to be invested in. You will also learn why an active asset management strategy allows you to make a decent rate of return, not lose a bunch of money, and have...
2023-05-2921 minSecure Your RetirementImportant Age Milestones in RetirementIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the important financial planning milestones that happen at different ages. These are things you should be thinking about and preparing for before getting to retirement.Listen in to learn about the different financial milestones that happen in the life of a child from birth all the way to retirement. You will also learn when to work on your catch up contributions, the social security eligibility age, when to withdraw all your retirement assets and much more.In this episode, find out:
2023-05-2219 minSecure Your RetirementWhy You Need a HIPAA AuthorizationIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss why you need a HIPAA form as part of your overall estate plan package. A HIPAA form is a simple document to put together and is recognized for protecting your personal health information, giving you privacy.Listen in to learn how your HIPAA Authorization can connect with your living will or health care power of attorney for information to be shared. You will also learn about the medical information that can be released to an authorized person per HIPAA standards.In this...
2023-05-1517 minSecure Your RetirementWhat Issues Should You Consider Before You Retire?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the issues to consider before you retire. Sometimes, you get the luxury of deciding when to retire, and sometimes you don’t, but either way, you always want to be thinking about the elements when it comes to retirement planning.Listen in to learn the importance of understanding your cash flow needs and budget and building some type of plan for your retirement. You will also learn the importance of budgeting for health insurance if you retire earlier than age 65 and the options to co...
2023-05-0825 minSecure Your RetirementMaximizing Tax Benefits by "Bunching" Charitable ContributionsIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the “bunching” charitable contributions strategy and how it can help you maximize tax benefits. They explain why bunching contributions strategy for 2-3 years is a powerful tool in helping you take advantage of standard deductions. Listen in to learn how to bunch your charitable contributions into one year using the donor-advised fund. You will also learn why the donor-advised fund is the most flexible version of giving through the bunching strategy.In this episode, find out:The powerful impact bunching charitable contr...
2023-05-0119 minSecure Your RetirementRetirement Withdrawal StrategyIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the five different things to consider when it comes to withdrawing your retirement money. To successfully establish an income stream in your retirement, you must be strategic when taking money from the retirement accounts you’ve built over the years.Listen in to learn how to determine your spending during retirement and which accounts the money will come from. You will also learn the importance of being flexible to make changes to your strategy as things and priorities shift over time.In th...
2023-04-1721 minSecure Your RetirementWhy Review Beneficiary Designations Annually in Retirement?In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the importance of reviewing your beneficiary designation annually. Always checking your beneficiaries in all your accounts and updating your beneficiary forms is the only way to avoid putting your loved ones in difficult scenarios.Listen in to learn the importance of naming contingent beneficiaries after your primary beneficiaries to ensure everything is clear. You will also learn why you need to consider the tax implications of each account, the needs of your beneficiaries, and its impact on your overall estate plan.In...
2023-04-1024 minSecure Your RetirementI'm 66 - Can I Retire?In this episode of the Secure Your Retirement podcast, Radon and Murs discuss the question of whether you can retire at age 66, using a specific example from an article in Market Watch. They provide insights and advice on retirement planning and financial management.If you’re feeling anxious about whether it’s time for you to retire or not, you’re not alone. Retirement planning can be a nerve-wracking and overwhelming decision for many people.Listen in to learn the importance of considering all the elements involved in retirement planning and seeking professional advice when necess...
2023-03-2018 minSecure Your RetirementThe Retirement Planning ProcessIn this Episode of the Secure Your Retirement Podcast, Radon and Murs discusses what the financial retirement planning process looks like. How does it work? What information do you need to present?Maybe you haven’t worked with a financial advisor before and don’t know the financial planning process. In this episode of the Secure Your Retirement podcast, we have a large part of our team take you through our retirement planning process.Listen in to learn about the financial snapshot, its information, and why you’d have to share that information with us. You wi...
2023-02-2735 minSecure Your Retirement3 Questions to Ask Yourself About RetirementWhat questions should you be asking yourself when planning and thinking about retirement?When it comes to planning for your retirement, your major concerns should be around your goals, your need for professional help, and the actual retirement plan. To build a retirement-focused financial plan, you must have goals or at least have an idea of what you want your retirement to look like.In this episode of the Secure Your Retirement podcast, we talk about the three major questions to ask yourself when thinking about retirement over a glass of Erath Pinot Gris wine...
2022-10-3120 minSecure Your RetirementI Bonds - How They WorkHave you heard of I bonds and are wondering how they can work for you? An Inflationary bond is an interest-earning bond issued by the government.Even though the money market isn’t looking very attractive right now, I bonds seem attractive and are as of today paying up to a 9.62% rate of return.In this episode of the Secure Your Retirement podcast, we talk about I bonds, what they are, and how they can benefit you. Listen in to learn how to buy I bonds and make them the most efficient for you with th...
2022-08-2216 minSecure Your RetirementWhat's The Difference Between a Mutual Fund and an ETF?Are you torn between investing in a mutual fund or an ETF?Both mutual funds and exchange-traded funds (ETFs) are alike in many ways but also have a few differences. They both make investing very easy and represent diversification.In this episode of the Secure Your Retirement podcast, we talk about the differences between a mutual fund and an ETF. Listen in to learn why ETFs are more efficient and low-cost as compared to mutual funds and are suitable for anyone looking to be actively managed.In this episode, find out:Defining...
2022-03-2120 minSecure Your RetirementThe Market Is High Should I SellHave you been asking yourself whether it is time to sell or buy? It is perfectly normal to be nervous about your money in the current market, which is a result of the 2020 global pandemic.It is important that you be very careful when making money decisions, especially if they’re not based on data.In this episode of the Secure Your Retirement podcast, we talk about the current market high and whether you should consider selling. We cover the buy and hold and active management investment philosophies and why you should think of the la...
2021-11-1720 minSecure Your Retirement4 Costly Misconceptions About Retirement PlanningWhat misconceptions do you hold about retirement planning? To have an active retirement plan, you need to have the right financial advisor to manage your investment. It is important to settle down with an advisor you’re comfortable with, and that aligns with your philosophy. To debunk these misconceptions, you have to do your research and ask the right questions, so they don’t cost you in the future.In this episode of the Secure Your Retirement podcast, we debunk four costly misconceptions about retirement planning. Listen in to understand these misconceptions at a more detai...
2021-09-0121 minSecure Your RetirementCollege Planning Using a 529 PlanHave you been thinking of how to start saving for your child’s or grandchild’s college education? How about setting up a 529 Plan?A 529 Plan allows you to invest in your child’s or grandchild’s college education before they even get to that stage. This type of investment has many benefits, including being tax-free during the growth period.In this episode of the Secure Your Retirement podcast, we explain in detail what a 529 Plan entails and the benefits it offers. Listen in to learn how to open a 529 account and the investment options availabl...
2021-08-2522 minSecure Your RetirementHow Much Do You Need to RetireHow much money do you need to have saved so you can retire?Finding out how much you need to retire is more complicated than many people realize. Financially planning for your retirement isn’t just about how much you have in your savings – it also takes many other variables into account.In this episode, Murs and Radon demonstrate these variables' effects by comparing two different retirement scenarios. They also reveal how factors like retirement age, monthly spending, inflation, and your savings all play a part in helping you have a long, stress-free retirement.In...
2021-02-1720 min