Shows
Leibel on FIRE5 Roth Conversion Mistakes That Can Cost Retirees ThousandsFreddie Bell interviews Leibel Sternbach on five Roth conversion mistakes that can cost retirees thousands. The biggest errors are assuming everyone should do Roth conversions and assuming how aggressively to convert (such as converting everything at once or targeting certain tax brackets). Sternbach explains that Roth conversions can still be useful even after RMDs begin, especially to reduce future taxes and potential tax burdens for heirs who must withdraw inherited IRA funds within 10 years. The discussion covers how IRMAA Medicare surcharges and Social Security timing affect decisions, noting that spending can sometimes achieve similar tax results as conversions. Sternbach...
2026-03-0411 min
Leibel on FIRE3 Estate Planning Mistakes That Could Cost Your Family EverythingMost estate planning mistakes don’t show up until it’s too late. In this episode, Leibel Sternbach breaks down the three biggest estate planning mistakes retirees make — and how to avoid them before they quietly derail your legacy. You’ll learn: • Why outdated or missing beneficiary forms can override your will and leave loved ones with nothing • The dangerous myth of “controlling your money beyond the grave” through complicated trusts • How the SECURE 2.0 Act and the 10-year rule can turn the IRS into the largest beneficiary of your retirement accounts • Why life insurance alone is not an estate plan • How to make y...
2026-02-2511 min
Leibel on FIRENew Fed Chair, Lower Rates? What Retirees Need to Know NowWhat happens to your retirement savings when interest rates change — and how could a new Federal Reserve Chair impact your financial future?
In this episode of Leibel On Fire!, Freddie Bell sits down with portfolio manager and bestselling author Leibel Sternbach to discuss the potential appointment of Kevin Warsh as Federal Reserve Chair and what it could mean for high-yield savings accounts, CDs, and retirement income strategies.
They explore how Federal Reserve leadership influences interest-rate policy, why governments often prefer lower rates, and the delicate balance between economic growth and inflation. Leibel explains the Fed’s du...
2026-02-1813 min
Leibel on FIREA Weaker Dollar: What It Really Means for Your RetirementIn this episode of 'Leibel On Fire,' host Freddie Bell and bestselling author Leibel Sternbach discuss the complexities of how a weaker US dollar impacts retirees. They explore how currency strength affects inflation, everyday expenses, and the cost of imported goods, emphasizing the importance of having a diversified retirement income plan. The conversation also touches on the historical stance of the Trump administration towards a weaker dollar, its implications for global trade, and the evolving investment landscape. Tune in to learn more about building a resilient retirement plan amidst economic uncertainties. 00:00 Introduction to the Impact of the US...
2026-02-1113 min
Leibel on FIREAI Investing: Are We Repeating the Dot-Com Bubble and 2008 Mistakes?In this episode of Leibel On Fire, Freddie Bell talks with financial expert Leibel Sternbach about the current AI surge and its similarities to past economic bubbles like the dot-com crash and the 2008 financial crisis. They delve into the impact of these historical events on retirees and how lessons learned can help mitigate financial risks today. Highlighting the uncertain future of AI technology, Sternbach emphasizes the importance of balanced investment strategies and sound financial planning to protect retirement portfolios from potential market volatility. 00:00 Introduction: Echoes of Past Financial Crises 00:21 Meet the Hosts: Freddie Bell and Leibel Sternbach 00:46 AI Surge...
2026-02-0414 min
Leibel on FIREHow to Enjoy Retirement Without Running Out of MoneyJoin financial advisor Leibel Sternbach as he explores the challenges retirees face in balancing enjoying life now while preparing for an uncertain future. This episode delves into estate planning, long-term healthcare, and financial strategies to help ensure a stress-free retirement. Leibel shares insights from his book 'Living with Financial Anxiety' and offers tools and guidance to help retirees maintain financial stability and peace of mind. Tune in for expert advice on how to live fully today without compromising your financial future. 00:00 Balancing Enjoyment and Future Security in Retirement 00:57 The Role of a Financial Advisor 01:53 Personalized Financial Planning 02:23 Health and...
2026-01-2114 min
Leibel on FIREEmerging Market Debt Is a Retirement Trap: The Venezuela Wake-Up CallEmerging markets often promise higher yields, but those returns can come with hidden risks that retirees cannot afford to ignore. In this episode of Leibel on Fire, Freddie Bell and Leibel Sternbach break down the shocking capture of Venezuela’s president and what it reveals about the real dangers of emerging market investments. Venezuela has defaulted on its debt 11 times in the last century, yet global investors continue to pour money into similar markets chasing higher income. Leibel explains how political instability, weak rule of law, corruption, and sudden regime change can turn “safe” bond investments into worthless paper overni...
2026-01-1315 min
Leibel on FIREMarket Crashes and Inherited IRAsIn this episode of Leibel on Fire, host Freddie Bell and Amazon bestselling author Leibel Sternbach flip the conventional wisdom of 'don't time the market' when dealing with inherited IRAs. They discuss how market downturns can be your greatest wealth-building opportunity by focusing on tax efficiency and market timing during these periods. Learn the importance of being prepared, executing timely transactions, and planning your financial moves to outsmart government planning. Visit yields4u.com for personalized retirement and tax SWOT analysis.
2025-12-2914 min
Leibel on FIREWhy Market Crashes May Be the Best Time to Act on an Inherited IRAYou’ve heard it your whole life: Don’t time the market. But when it comes to inherited IRAs, following that advice blindly could cost you hundreds of thousands of dollars in unnecessary taxes. In this episode of Leibel on Fire, Leibel Sternbach explains why market downturns can actually be one of the most powerful planning opportunities for retirees and beneficiaries of inherited IRAs. We flip conventional wisdom on its head and show how timing market declines can reduce taxes, improve Roth conversion outcomes, and help you keep more of your money away from Uncle Sam. Leibel breaks down: Why...
2025-12-2313 min
Leibel on FIREThe Strategic Roth Conversion Playbook: How to Build a Tax-Free LegacyWhat if you could leave your children a seven-figure inheritance—completely tax free? In this episode of Leibel On Fire, Leibel Sternbach reveals the Strategic Roth Conversion Playbook, a method designed to transform your traditional retirement accounts into a tax-free legacy for the next generation. Leibel explains why Roth conversions aren’t just an income strategy—they’re one of the most powerful legacy planning tools available. You’ll learn how choosing when and how to pay taxes can dramatically reduce your family’s future tax burden, why timing conversions during market downturns is essential, and how the right advisor can...
2025-12-1516 min
Leibel on FIRERetirement Shield Strategy: Protect Your Future from Market VolatilityIn this episode of Leibel on Fire, Leibel Sternbach breaks down the Retirement Shield Strategy—an approach designed to protect your lifestyle, your loved ones, and your long-term wealth from the unexpected. Discover how layered protection, time diversification, and smart planning can help you withstand market corrections, inflation, and tax changes without sacrificing your peace of mind. You’ll learn how to structure your assets across different time horizons, why timing matters when replenishing investment buckets, and how Roth conversions become even more powerful when paired with this strategy. This episode reveals why most advisors don’t implement this approa...
2025-12-0816 min
Leibel on FIREHome Transfers, Taxes, and InheritanceWhen a parent transfers a home to a child, it may feel like a simple title change—but the tax rules aren’t so simple. In this episode of Leibel on Fire, Leibel Sternbach breaks down what you really need to know: Do you need to report the transfer to the IRS? How do gift tax rules and lifetime exemptions work? What happens if you sell the home later? Why inheriting property may sometimes be better than receiving it as a gift. Leibel also shares tips on estate planning, cost basis, and how to avoid costly mistakes when passing down...
2025-09-2314 min
Leibel on FIREHow to Unlock 0% Capital Gains in 2025The proposed 0% capital gains rate for 2025 could be a game-changer for retirees. In this episode, Leibel Sternbach explains what the 0% capital gains bracket really means, who qualifies, and how you can take advantage of it. We break down income thresholds, tax planning strategies, and the ripple effects on Social Security and Medicare premiums. If you’re retired—or planning your retirement—this episode is essential listening. Learn how to position yourself now so you don’t miss out on this limited opportunity.
2025-09-1615 min
Leibel on FIRENavigating Roth Conversions and the SALT Deduction Cap for RetireesBalancing Roth conversions with the $40,000 SALT deduction cap can be tricky for retirees—especially if you live in a high-tax state like California or New York. In this episode of Leibel on Fire, financial planner Leibel Sternbach breaks down how Roth conversions may reduce or even eliminate your state and local tax deductions, why that matters, and what strategies retirees can use to protect their income. You’ll discover: How the SALT cap impacts retirees in high-tax states Why Roth conversions can push you into higher income brackets and shrink deductions The calculus of deciding whether Roth conversions are wort...
2025-09-0914 min
Leibel on FIRECut Taxes While Giving BackIn this episode of Leibel On Fire, Leibel Sternbach and Freddie Bell explore smart strategies for charitable giving in retirement. Learn how tools like Qualified Charitable Distributions (QCDs), appreciated asset donations, and donor-advised funds can reduce your tax burden, satisfy Required Minimum Distributions (RMDs), and help you make a lasting impact. Discover how to align your giving with your values, avoid common mistakes retirees make, and even create a living legacy that extends beyond your lifetime.
2025-09-0411 min
Leibel on FIREWill Social Security Keep Up with Inflation?Social Security benefits are tied to cost-of-living adjustments (COLA), but the way those adjustments are calculated may not reflect the true expenses retirees face. In this episode, Leibel Sternbach breaks down the difference between CPI-W and CPI-E, how they impact your retirement income, and what you can do to protect your financial future. If you’re within five years of retirement—or already retired—this episode will help you understand the hidden risks of inflation and Social Security. Learn what strategies you can put in place now to safeguard your income and maintain your lifestyle in retirement.
2025-08-2613 min
Leibel on FIREThe Hidden $300K Retirement Expense You Can’t IgnoreHealthcare in retirement can cost hundreds of thousands of dollars—and Medicare won’t cover it all. In this episode of Leibel on Fire, Leibel Sternbach breaks down the real drivers of retirement healthcare expenses, why long-term care is the biggest financial risk, and how you can prepare before it’s too late. Discover practical strategies to protect your assets, plan for Medicare gaps, and create peace of mind for you and your loved ones.
2025-08-2013 min
Leibel on FIREThe $6,000 Retirement Tax Break: What You Need to KnowIf you’re 65 or older, you may be eligible for an additional $6,000 deduction that could lower your tax bill and stretch your retirement income further. But the media headlines are often misleading—this isn’t a simple “free money” giveaway. In this episode, retirement planning expert Leibel Sternbach explains who qualifies, how it really works, and the strategies you can use to maximize the benefit.
2025-08-1413 min
Leibel on FIRECan You Trust the Fed?This week on Leibel on Fire, bestselling author and financial planner Leibel Sternbach breaks down two massive events that shook the markets: the surprise firing of the Bureau of Labor Statistics Commissioner and growing political tensions with the Federal Reserve. What does this all mean for your retirement plan? Should you trust the numbers the government is putting out? And what happens when politics interfere with data? Leibel explains how these seismic shifts could affect your financial future—and what you can do to protect yourself. Don't leave your retirement to chance. Get clarity and control with a free co...
2025-08-0713 min
Leibel on FIREThe Retirement Mistakes that Shrink Your Nest Egg, Part 2In this episode, retirement expert Leibel Sternbach explains why parking all your savings in cash or annuities can erode your purchasing power over time. Discover how his YFYA ETF and a simple three‑bucket strategy help you earn returns above inflation—without exposing your income to wild market swings. Plus, learn about two free tools on Yields4U.com that make building your personalized retirement plan a breeze: the 3‑2‑1 Retirement Plan guide and the 60‑Second Retirement Calculator.
2025-07-2408 min
Leibel on FIREThe Retirement Mistake That Shrinks Your Nest Egg | Pt. 1Too many retirees “play it safe” by piling into cash or fixed annuities—only to watch inflation quietly erode their buying power. In this first installment of “The Biggest Retirement Mistakes”, Leibel Sternbach, CFP®, EA, and founder of Yields 4 U, explains: - Why cash loses value every year; even when your balance never drops - How inflation + market volatility create a “double whammy” for retirees - The problem with treating annuities as a one-stop solution - What a modern, low-risk income strategy should deliver - How Leibel’s YFYA ETF was designed to fill the “safety-with-growth” gap
2025-07-1506 min
Leibel on FIREThe Hidden Costs of Annuities That Could Wreck Your RetirementAre you unknowingly paying hidden fees on your annuity? In this episode of Leibel On Fire, financial expert Leibel Sternbach breaks down the costly pitfalls hiding inside many annuity contracts—including mortality and expense charges, surrender penalties, and expensive riders—that can quietly eat away at your retirement savings.
You'll learn:
- What hidden fees to watch out for before buying an annuity
- The key questions to ask your insurance agent
- What happens to your annuity if you pass away
- How to evaluate whether an annuity is w...
2025-07-1009 min
Leibel on FIREAnnuities Exposed!Thinking about buying an annuity? You might want to listen to this first. In this episode of Leibel on Fire, Leibel Sternbach breaks down the hidden fees and contractual traps buried inside most annuity products—including mortality and expense charges, administrative costs, surrender penalties, and the fine print behind those tempting guarantees.
You’ll learn:
- The difference between fixed, variable, and indexed annuities
- What “mortality and expense” charges actually mean - How insurance companies ensure they make money—at your expense
- The truth about investment riders and living benefits
2025-07-0211 min
Leibel on FIRESocial Security: Can You Rely On It?Will Social Security Be There When You Retire? Here's What You Need to Know Is Social Security running out of money? Will it be there when you need it most? In this episode of Leibel on Fire, Leibel Sternbach breaks down the real story behind Social Security’s shaky future — and what retirees (and future retirees) need to do now to protect their financial future. Leibel explains the hidden flaws in the system, the political decisions that drained its reserves, and how demographic shifts could leave you with less than expected. Most importantly, he shares actionable steps you can take...
2025-06-2415 min
Leibel on FIRE5 Big Retirement Splurges That Can Wreck Your Financial FutureAre you dreaming of that boat, RV, or dream home in retirement? You’re not alone—and that’s exactly why so many retirees end up regretting these major purchases. In this episode of Leibel On Fire, financial planner Leibel Sternbach breaks down the five biggest retirement splurges that often backfire—and what to consider before making any large financial move in your golden years.
We cover: - Why boats and RVs are rarely the "investments" we think they are - How emotional spending sabotages financial security - Why giving money to family can cause long-term stress - What t...
2025-06-1012 min
Leibel on FIRELook Poor. Retire Rich. The Retirement Tax Hack Nobody Talks About.Can looking broke on paper actually help you retire wealthier? In this eye-opening episode of Leibel on Fire, Leibel Sternbach breaks down why appearing “poor” in retirement—at least in the eyes of the IRS—might be the smartest financial move you can make. Discover how strategic Roth conversions, smart withdrawal planning, and controlling your taxable income can unlock massive tax savings and protect your nest egg from getting eaten alive by required minimum distributions, IRMA charges, and surprise tax traps. Leibel also shares real-life strategies, including examples from billionaire Peter Thiel and savvy real estate investors, to show how you...
2025-06-0314 min
Leibel on FIREHigh-Yield EFTs - Too Good to be True?Can you really earn 20%, 50%, or even 100% income from high-yield ETFs like JEPI, SCHD, and YieldMax? In this episode of Leibel on Fire, Leibel Sternbach breaks down the rise of synthetic income ETFs and reveals what investors must understand before diving in. We explore: - The difference between dividend ETFs like SCHD and covered call ETFs like JEPI. - Why YieldMax ETFs offer jaw-dropping yields—and the massive risks behind them. - The truth about sustainability and how these strategies can erode your principal. - Why more income often means more volatility. - How Leibel incorporates these ETFs responsibly into cl...
2025-05-3014 min
Leibel on FIREIs Your Retirement Portfolio Too Complicated?Too much of a good thing can be harmful—especially in retirement planning. In this episode of Leibel On Fire, Amazon best-selling author and retirement expert Leibel Sternbach explains the difference between smart diversification and what he calls "diworsification." Are your mutual funds and ETFs working together—or accidentally overlapping and increasing your risk? Join Leibel and host Freddie Bell as they break down: Why "more" isn't always better in retirement investing How portfolio overlap quietly derails your income strategy Simple ways to streamline your portfolio without sacrificing growth A free tool to check if you’re truly diversified at yie...
2025-05-2011 min
Leibel on FIREIs your Social Security as Risk?In this episode of Leibel on Fire, Leibel Sternbach and Freddie Bell dive into the surprising connection between DOGE (Department of Government Efficiency) and your Social Security benefits. With Elon Musk at the helm of a mandate to cut $2 trillion in federal spending, retirees and those nearing retirement are left wondering: Could my Social Security checks be at risk? Leibel breaks down what DOGE really is, the history of government efficiency efforts, and what retirees should (and shouldn’t) worry about when it comes to their benefits. He also explains why Social Security isn't as easy to cut as he...
2025-05-1315 min
Leibel on FIREMoney Market ETFs: Better Than CDsAre you still parking your cash in CDs or low-yield savings accounts? In this episode of Leibel on Fire, Amazon bestselling author and retirement expert Leibel Sternbach breaks down the real differences between money market funds, money market ETFs, and CDs—and reveals why retirees should be rethinking their short-term savings strategy.
You’ll learn:
✅ Why money market ETFs might be the best-kept secret for short-term yield
✅ How to strike the right balance between access, income, and safety
✅ Why using a “bucket strategy” could protect your portfolio from market downturns
✅ The #1 mis...
2025-05-0615 minLeibel on FIREGold ETFs: Smart Move or Shiny Trap?Thinking about adding gold to your retirement portfolio? In this episode of Leibel on Fire, financial planner Leibel Sternbach breaks down the pros and cons of investing in gold ETFs versus physical gold, and why most retirees may be better off with other inflation-hedged or income-generating strategies. Learn the real value of gold, the myths behind its “safe haven” status, and what smarter, conservative investments you should be considering in today’s economic climate.
Key Topics Covered: Gold vs. Gold ETFs: What’s the difference? The truth about gold as an inflation hedge Why gold might not belong i...
2025-04-2912 min
Leibel on FIRECrypto EFTs UnveiledAre crypto ETFs and private equity in your 401k the revolutionary investment opportunity Wall Street claims, or just another way to shift risk to unsuspecting retirees? In this eye-opening episode, financial expert Leibel Sternbach pulls back the curtain on Wall Street's newest offerings and reveals the hidden motives behind the crypto ETF push.
Discover: • Why Wall Street is suddenly eager to offer previously restricted investments to everyday investors • The real risks behind crypto ETFs that aren't being disclosed • How to identify hidden fees and conflicts of interest in these trendy investments • Smart strategies for incorporating alternative assets into you...
2025-04-2214 min
Leibel on FIRENavigating Market ChaosNavigating Market Chaos: How to Stay Calm, Profit, and Protect Your Retirement
In this special episode of Leibel on Fire, Leibel Sternbach is joined by hedge fund manager Ian Naismith of Algo IQ to break down the chaos in today’s markets—tariffs, trade tensions, volatility, and panic. Ian shares how his hedge fund not only sidestepped recent losses but actually turned a profit in one of the most unpredictable environments in years. Learn why volatility can be your warning signal, how active management can outperform when it matters most, and what smart investors are doing to prot...
2025-04-1514 min
Leibel on FIREDitch CDs! There are Better Options!Tired of low CD rates? In this episode of Leibel on Fire, Leibel Sternbach and Freddie Bell reveal smarter ways to grow your savings. Learn about money market funds, ETFs, multi-year guaranteed annuities, and other alternatives that can help you earn more while keeping your money safe. Don’t let inflation eat away at your retirement—find out where to invest instead!
2025-04-0815 min
Leibel on FIREThe 4% RuleIs the 4% rule outdated? Leibel Sternbach reveals why flexibility is key to a secure, sustainable retirement in today’s economy.
2025-04-0111 min
Leibel on FIREBuy The DipShould You Really Buy the Dip? The Truth for Retirees When the market drops, it seems like the perfect time to buy — but is buying the dip really a smart move, especially when you're nearing retirement? In this episode of Leibel On Fire, Leibel Sternbach, Amazon bestselling author and expert in retirement planning, breaks down the pros, cons, and smarter investment strategies that protect your long-term financial security.
2025-03-1813 min
Leibel on FIREWhich Accounts to Spend Down FirstOne of the most challenging questions for retirees is deciding which accounts to withdraw from first — and making the wrong choice can have lasting financial consequences. Should you start with taxable accounts, tax-deferred accounts, or tax-free Roth accounts? In this episode of Leibel on Fire, Leibel Sternbach, Amazon bestselling author of Authenticity and Living with Financial Anxiety, breaks down the strategy behind retirement account withdrawals to help you optimize your income and minimize your tax burden.
2025-03-1415 min
Leibel on FIRETrade WarsTrade wars can have a major impact on your retirement savings. In this episode, we break down how global trade conflicts affect inflation, investments, and taxes—and what you can do to protect your nest egg. Stay ahead of economic uncertainty with expert insights from Leibel Sternbach.
2025-02-1114 min
Leibel on FIREFinancial Planning in Times of Crisis: A Comprehensive GuideSpecial Edition: Navigating Uncertainty in Unprecedented Times
Big news, folks! First, there was an assassination attempt on former President Trump, then a global tech outage, and now President Biden has dropped out of the race. Welcome to this special edition of Leibel on Fire, where we dive into these crucial issues and their impact on your finances.
I know many of you are feeling like nothing is certain right now. Some of you might even be thinking about pulling your money out of the market. So, what's the best move in these turbulent times?
2024-07-2414 min
Leibel on FIREInvestment Pitfalls: Are You Falling for These Common Gambling Traps?One of our long time readers submitted a great question..."How do you differentiate between gambling and investing?" I love this question for some many reasons...it really gets to the heart of investing and financial security.
Lady Luck is a Brutal Mistress
You see, my dad was a bit of a card shark. He was all about finding the perfect strategy to beat the house at blackjack. He'd buy systems, software, and even trained himself to count cards. He was convinced that with the right system he could beat the house...Now, I'm not...
2023-09-1316 min
Leibel on FIRENavigating the Tax Maze When Selling Your HomeHey folks, remember when we last chatted about real estate a few episodes ago? I know, I know, taxes weren’t on the agenda then, but let’s delve into it now. Trust me, even some seasoned advisors seem to overlook this crucial aspect. So, sit tight and let's unravel this tax maze.
First off, let's dust off our tax code understanding. You might ask, "What makes my house qualify for capital gains exclusions, Leibel?" Well, you need to have lived in it as your primary residence for at least two of the past five years. Let me w...
2023-07-2615 min
Leibel on FIREUnmasking 'No Loss Market Accounts': Are They Really as Safe as They Sound?In today's episode of "Leibel On Fire," I decided to delve into the intriguing concept of 'No Loss Market Accounts.' This term has been making rounds in the marketing sphere of financial products, creating a buzz due to its promise of a risk-free experience. But is it all that it promises to be? Let's find out.
The Concept of 'No Loss Market Accounts'
'No Loss Market Accounts'—the term alone creates an image of a financial safe haven, doesn't it? Unfortunately, as I discovered and shared in the podcast, this catchy phrase is often us...
2023-06-2814 min
Leibel on FIREThe Truth About Real Estate Investing: Is it Really the Golden Goose?Hello, folks! It's Leibel here, and I'm fired up about a topic that's been a cornerstone of American wealth building for centuries – real estate. We're going to dive deep into what makes real estate tick as an investment and the role it's played in creating wealth over the years. But the big question we're addressing is this: is real estate truly your golden ticket to financial freedom? Let's find out!
The Siren Song of Real Estate as an Investment
Many folks are lured by the siren song of real estate investment, and for good reason! In...
2023-06-2116 min
Leibel on FIREHow to Create a Tax Efficient Income PlanIn my early days as a financial advisor, I remember meeting a retired couple, anxious and confused about their retirement savings. As we sat in my office one spring afternoon, they looked at me earnestly and asked, "Leibel, where should we start spending our money first in retirement?" This question has stuck with me through the years, and I've realized how complex the answer can be.
You see, when it comes to managing finances, especially for retirement, there are two kinds of people. Some folks see the big picture, while others excel in the nitty-gritty details. But...
2023-05-1015 min
Leibel on FIREHow to Not Run Out of Money in RetirementOne of the big questions we all have in retirement is, do we have enough money to retire? And how do we ensure that it lasts? Join us as we walk through how to answer these important questions in this week's episode of Leibel on FIRE!
Why is it that it seems like every advisor has a different answer?
Shouldn't there just be. One answer one size fits most isn't retirement planning, isn't it just math? How is it that every advisor can seem to give a different answer?
Hmm...
When...
2023-03-0916 min
Leibel on FIREThe 5 Major Risks in RetirementAs investors transition into a new phase of their lives, it is critical to recognize and address the five major risks that could impact their financial well-being. Every financial decision should be made through the lens of how it impacts these risks.
Drawdown Risk The first major risk retirees face is drawdown. This refers to anything that decreases the value of one's retirement savings or portfolio, whether through taxes, market loss, inflation, or having to pay retail for everyday items. As retirees, it is vital to conserve as much capital as possible, so it can be spent...
2022-12-1414 min
Leibel on FIREEnd of Year Tax Saving TipsTips on how we can take advantage of our losses in the market:
So end of the year and end of the year is a great time to start looking at your taxes because you got, you have an idea of how much income you're gonna have earned for this year, and that gives you the ability to actually do some real tax planning and to really.Really take steps to minimize your tax bill. There are things that you can do after December 31st, but the vast majority and the best stuff is before...
2022-12-0715 min
Leibel on FIREIs The 60/40 Portfolio and 4% Rule dead? [Part 2 of 2]We were talking about the 60 40 portfolio. If it was dead or not what do you do during the retirement years? How do you make adjustments and changes as the economy continues to shift and change? When we were together last week, we were talking about the 60 40 portfolio. We're wondering if it was dead or not, and as a thumbnail, what is a 60 40 portfolio and where does it stand right now?
What is the 60/40 portfolio?
So the 60 40 portfolio is this ideal portfolio that has been held up as if you had an allocation and you allocated...
2022-11-3014 min
Leibel on FIRES2E13 - Is the 60/40 Portfolio dead? [Part 1 of 2]Hello libel. How you feeling today, sir? I'm doing pretty good. How about you? I'm doing well, and I'm really excited to talk about today's topic because we've talked about it on the edges before. I'll say it that way. Uh, I'm looking at, uh, the idea that.Investing. In my opinion, investing strategies really don't get more classic than the so-called 60 40 allocation, holding 60% of your portfolio in stocks and 40% in bonds. And the thinking goes that you can get the best of both worlds, high growth potential from your riskier stocks and protection from your more.
2022-11-2315 min
Leibel on FIRES2E12 - Is this the end of Crypto? WTF Happened? Who is SBF and FTX?So what exactly is happening now in the world of crypto? I've seen some bankruptcies go across and people losing money. Yeah. As Warren Buffet likes to say, and I love quoting this, a rising tide lifts all ships, but it's only when the tide goes out that you see who is swimming without trunks.Right. . And that's never been truer than the last few months. People are calling in like the crypto winter or whatever, but basically what happened is you know, they. You have highs and you have lows, and everything has to...
2022-11-1614 min
Leibel on FIRES2E11 - The Safest Way to Invest in the MarketThere are many ways to participate in the market without having to ride the Wall Street Roller coaster.
It is important first to identify what "safe" means to the individual and then create a strategy that allows for participation in the market without risking one's financial future.
One can also contractually limit losses through the use of options, contracts, buffers, structured products, and insurance policies. The key is to have a strategy that is designed to help you protect your savings while growing them during times of opportunity.
2022-11-0914 min
Leibel on FIRES2E10 - Handling Market AnxietyQ: What was the impetus for living with financial anxiety?
Many people's biggest stumbling block to success is that they act out of fear.
When it comes to financial planning, this manifests as the fear of not having enough money.
The key to overcoming this is to find an investment strategy that allows you to enjoy life and make sound decisions without being ruled by fear.
We can't completely conquer our fears, but we can learn to live with them and make them work for us instead of against us.
2022-11-0215 min
Leibel on FIRES2E9 - What Type of Advisor Should I Hire?Q: What type of advisor should I hire?
A: The answer is, is the advisor who can help you, The advisor that you connect with..coming from the marketing side of this business, I have dealt with the full spectrum of advisors out there, from people who were completely unlicensed and were real estate investors, and other types of people who help people out of financial situations that just they weren't financial planners. They didn't have designations, they weren't licensed, but they did a job that was better. Or as good as most financial planners.
I...
2022-10-2629 min
Leibel on FIRES2E8 - The 4% Rule...What You Don't Know Can Hurt You!What is the 4% Rule?
A: It seems like even the people who seem to think that they know what the 4% rule is, and once they start talking, you kind of realize that everyone has a different impression of what the 4% rule is. And when you start actually digging into it, you discover that it isn't quite what anybody thinks.
What People Think The 4% Rule Is
The media and people have this idea that the 4% rule is, if I only took. 4% of my portfolio every single year. I would never run out of money...
2022-09-2829 minLeibel on FIRES2E7 - What Type of Advisor Should I Hire to Help Me in Retirement? What should I look for in an advisor?Q: What type of financial advisor have you found to be the most helpful for those on the verge of retirement? (2:11)
A: This is a little bit of a trick question of, you know, when we're thinking about financial advisors and retirement, there's a broad spectrum of people who can help us.It's important to understand where each of them is coming from so that we can understand the type of advice that they're giving us. Each person has their own perspective and their training that will influence the solutions that they find.
...
2022-09-1430 min
Leibel on FIRES2E6 - Investing for RetirementQ: Is there such a thing as "winning" when it comes to investing? (1:58)
Q: What should we be thinking about when it comes to investing for retirement right now? (3:20)
Q: Can you talk about what people mean when we hear that you should be diversified? (6:30)
Q: Is there ever a time when diversification is not a smart thing to do?
Q: how do you determine then what's the right investment for you? (10:26)
Q: Is there a right time for investing for retirement? (12:00)
Q: I wanna make money, but...
2022-09-0730 min
Leibel on FIRES2E5 - What is the "market?"Q: What is the "market?" (1:30)
A: Generally speaking, when we talk about the market in general terms, we're talking about the stock exchange and the ability to buy and sell pieces of a company or pieces of a loan to a company. The stock market allows me to own a fraction of a percent of the company and participate in its profits.
Now, there are lots of different things that we call the market I can own equity in that [company or] that stock, it's no different than going into a business partnership with your...
2022-08-3130 min
Leibel on FIRES2E4 - How to Ethically Pay Zero Taxes in RetirementQ: How can retirees make the most of their money WITHOUT paying too much in taxes? (1:48)
Q: So the tax codes are actually written in favor of his citizens? (3:54)
Q: Where do we, how do we start making our money more efficient to benefit? Not only us, but our nation? (7:38)
Q: Talk about the aspect of social security being taxed in retirement. (9:09)
Q: So your guide, does your guide talk about this? (11:29)
Q: Where do you start to avoid paying taxes in retirement? Where do we begin? (15:30)
2022-08-2430 min
Leibel on FIRES2E3 - Retirement Income PlanQ: What do I need to know in order to retire? (1:48)
A: There are a lot of things that you need to know as we go into retirement. Unfortunately, there really isn't a handbook out there. HR doesn't give you your gold watch and a handbook that says welcome to retirement! Here's what you have to do first:
You can see more in my guide: 5 Questions to Ask Before you Retire
You need to create a process for managing your finances. The old rule of managing money that has gotten you this far...
2022-08-1730 min
Leibel on FIRES2E2: Retiring in a Recession - What You Need to KnowWhy is Wall Street saying one thing and the White House another? How does any of it relate to your retirement portfolio? Are we in a recession? What do you need to know!
2022-08-0330 min
Leibel on FIRES2E1: How Do I Take Over My Retirement Account? (401k, 403b, etc..)What should you do with the 401k, when you're ready to retire? Which forms do I need to fill out in order to do a "rollover?" When should you start planning your rollover?
What should you do with the 401k, when you're ready to retire?
Now that you are retired or have left your job, you have two choices for your 401k.
Option one is to keep your money with your employer. This option lets you keep your money invested, but you might not have as much control over it and might not...
2022-07-2730 min
Leibel on FIRE19 - Elder Abuse & ScamsElder abuse is a serious issue and one that often goes undetected. In this episode, we take a look at some of the most common types of elder abuse, as well as some of the scams that are frequently used to target seniors.
2022-05-2531 min
Leibel on FIRE (Shorts)FIRE(ing) over 50 - Part I: The 4% Rule and InflationHow do you know when you have enough saved for retirement? How does the 4% rule factor in? and how does inflation impact how much you can take in retirement - according to the FIRE movement.
2022-05-2506 min
Leibel on FIRE18 - Economic CyclesHow does the economic cycle impact the markets and my retirement? Is the country entering a recession? If so, how should I prepare?
2022-05-1832 min
Leibel on FIRE (Shorts)FIRE(ing) over 50 - Part INever heard of the FIRE movement? The Financial Independence Retire Early (FIRE) movement gained steam over recent years...but how does it apply for those of us with silver in our hair?
2022-05-1706 min
Leibel on FIRE17 - How to Pay Less in TaxesIs the US tax system fair? How can you reduce your tax bill today and in the future? How to use the tax system as a treasure map.
2022-05-1130 min
Leibel on FIRE (Shorts)Waiting to Retire? How does someone begin to decide when they can or should retire? How does someone know the best age for them to stop working? Are there milestones we can use as guides to determine if retiring at 50, 55, or 65 is possible or advisable?”
2022-05-1006 min
Leibel on FIRE16 - Don't have enough to retire?What if you don't have enough to retire? How can you make up the gap and shortfall? What resource can you tap into?
2022-05-0430 min
Leibel on FIRE (Shorts)New IRS Rules For Your Retirement Accounts Recently the IRS tweaked the contribution limits for accounts like your 401(k) and Roth IRA. This means that you can save more for retirement tax-free (yay!)
2022-05-0307 min
Leibel on FIRE15 - Secure Act 2.0 & Your Roth ConversionThe Secure Act 2.0 changes the game when it comes to Roth conversions. Join as we discuss it on today's FIRE podcast.
2022-04-2732 min
Leibel on FIRE (Shorts)My (Ice Cream) Emergency FundWhat is an "emergency fund?" How much is enough? How should you invest it? Should you have one fund or multiple funds? Discover the answers you need in this Leibel on FIRE podcast.
2022-04-2608 min
Leibel on FIRE (Shorts)My (Ice Cream) Emergency FundWhat is an "emergency fund?" How much is enough? How should you invest it? Should you have one fund or multiple funds? Discover the answers you need in this Leibel on FIRE podcast.
2022-04-2608 min
Leibel on FIRE14 - Alpha, Beta, Gamma - What do they all mean?Have you ever wondered if the investment proposals you are seeing are accurate or just a load of hogwash? Have you ever wondered if people are just pulling a fast one on you? Get the low down in this week's episode, as we dissect what these numbers all mean and how to read investment proposals.
2022-04-2031 min
Leibel on FIRE13 - Investing and InflationSome good news for a change. Why the economy will probably continue to do well, why the US will probably have a labor shortage...though not for everyone...and what it means for your retirement.
2022-04-1329 min
Leibel on FIRE (Shorts)Life After Death (All About Life Insurance)When purchasing life insurance, here are some strategies, tips, and information that can help you make the best decision for yourself and your loved ones.
2022-04-1208 min
Leibel on FIRE (Shorts)Life After Death (All About Life Insurance)When purchasing life insurance, here are some strategies, tips, and information that can help you make the best decision for yourself and your loved ones.
2022-04-1208 min
Leibel on FIRE12 - Investing vs GamblingHow do you know if you are "investing" or just plain old "gambling" in the market. What differentiates the two? Here's what separates the amateurs from the pros.
2022-04-0630 min
Leibel on FIRE (Shorts)Home Warranties Are They Worthwhile?An honest look at the pros and cons of a home warranty. Warranties are a tool for homeowners to protect themselves from unpleasant surprises. Here's how they work and when and how to consider them as part of your financial plan.
2022-04-0507 min
Leibel on FIRE (Shorts)Home Warranties Are They Worthwhile?An honest look at the pros and cons of a home warranty. Warranties are a tool for homeowners to protect themselves from unpleasant surprises. Here's how they work and when and how to consider them as part of your financial plan.
2022-04-0507 min
Leibel on FIRE (Shorts)How To Choose a Financial Advisor When it comes to financial planning, having someone who you trust, someone who understands you and your family, is critically important. Oftentimes, we know the right choices to make, we just need someone who will help re-assure us during trying times, someone who can push us to do what we know we should already be doing.
2022-03-2807 minLeibel on FIRE11 - The World Right NowHow does War, Inflation, a down market, 30-trillion dollars in national debt, and rising interest rates impact your retirement? What can you do about it? What should you do about it? How do you protect your retirement? What does it mean for the future? Join us for an in-depth discussion.
2022-03-2331 min
Leibel on FIRE (Shorts)Tax Deduction vs Tax Credit Getting your taxes done right and reducing the amount you owe is an important task each year. In retirement, we lose many of the credits and deductions we had in our working years – which can increase our effective tax rates.
2022-03-2108 min
Leibel on FIRE10 - Estate PlanningWhat are the essentials we need in an Estate Plan? How do we protect those we love? You don't need a fancy trust, or lawyers to have an effective estate plan. Find out how the must know facts in this week's episode of Leibel on FIRE.
2022-03-1630 min
Leibel on FIRE (Shorts)5 Common Mistakes Investors MakeThe right decisions are always obvious in hindsight. The real trick is to have foresight. To have the ability to predict, with a general level of accuracy, which decisions will lead to advantageous outcomes.
2022-03-1409 min
Leibel on FIRE09 - FIRE over 50!What is FIRE (Financial Independence and Retire Early) and how does it apply to someone who is near retirement or already in retirement? Are there shortfalls?
2022-03-1029 min
Leibel on FIRE (Shorts)Conquering Your Fear of Retirement If you’ve been looking at the markets lately and have been scared, that is okay. Anyone who has lived through the dot-com crash, the Great Financial Crisis, or the multiple COVID-induced crashes, has every right to be scared.
2022-03-0806 min
Leibel on FIRE08 - Social Security MaximizationWondering how to get the most out of your social security? Worried you are going to make the wrong decision.
2022-03-0229 min
Leibel on FIRE07 - How to Handle Market AnxietyThoughts on current volatiltiy. How to handle market anxiety. What should you be thinking? How do you hold on during all this volatility?
2022-02-2429 min
Leibel on FIRE05 - How Advisors Are PaidDo you know how your financial advisor gets paid? In this video, we'll break down the three most common compensation models and help you understand which one is best for you.
2022-02-1630 min
Leibel on FIRE (Shorts)War with Russia? Hyper-inflation? Rising gas prices... Here are the risks we are monitoring as they relate to the market and your retirement savings.
2022-02-1506 min
Leibel on FIRE04 - Tips for Budgeting & Spending LessStruggling to cut back on impulse purchases? Having trouble sticking to a budget. Check out this episode for an interesting discussion with Freddie and Leibel on how to take control of your personal finances.
2022-02-0930 min
Leibel on FIRE (Shorts)How to Recession-Proof Your InvestmentsAs investors, we need a strategy that is adaptive to changing marketing conditions. We need a strategy that will allow us to sleep at night. Here are 8 ways to recession-proof your investments today.
2022-02-0709 min
Leibel on FIRE03 - Downsizing...What You Should Consider FirstWhat are the pros/cons of downsizing? When looking at HOA vs Condo what should you consider?
2022-02-0227 min
Leibel on FIRE02 - Inflation ScaresHow do you plan to cope with inflation throughout your retirement, especially if you are or plan to retire early?
2022-01-2627 min2022-01-2408 minLeibel on FIRE (Shorts)Best Age to Retire?How does someone know the best age to stop working? Are there milestones we can use as guides to determine if retiring at 50, 55, or 65 is possible or even advisable?
2022-01-2004 minLeibel on FIRE (Shorts)Debunking Financial MythsThere are so many financial myths that do more harm than good. The truth is that finance is actually pretty simple, when you are armed with a little know-how. In this...
2022-01-1806 min
Leibel on FIRE01 - How to Think About Roth ConversionsShould I do a ROTH conversion? When should I do it? Get the essentials you need to know.
2022-01-1226 minLeibel on FIRE (Shorts)Post Dec 31st Tax Moves to Reduce Your Current Tax BillIt is not too late to lower your tax bill even after the new year begins. There are moves you can make after December 31st that can optimize...
2022-01-1006 minLeibel on FIRE (Shorts)What Retirement Accounts Should You Have?So many types of retirement accounts and a seemingly never-ending list of investment options. In this podcast I breakdown the top accounts you should have when saving for retirement.
2022-01-0306 min