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Retirement Starts Today

Do you want to spend more money in retirement, while paying less taxes? Great news, you're in the right place! I'll also teach you the benefits of retiring TO something, while most retirees only solve half the equation by retiring FROM something. Tune in every Monday morning - hosted by Benjamin Brandt CFP, RICP. Join my "Every Day is Saturday" weekly newsletter for show notes, free book giveaways and other great retirement content: www.retirementstartstodayradio.com/newsletter
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Now displaying: January, 2024
Jan 29, 2024

Tax season is here so when I found this article from Morning Star to share some tax tips for you. Your tax bill will be the largest bill you pay in retirement. If you want to reduce it, make sure to press play. 

Helping clients save money on taxes and avoid common investment mistakes is an important task for financial planners. If you don’t have a financial planner, that means you are your own financial planner, so you’ll want to take good notes. 

Outline of This Episode

  • [1:22] Maximizing tax savings
  • [3:30] How to utilize deductions
  • [7:45] How to utilize investment strategies
  • [11:11] How to utilize Roth conversions
  • [13:32] How to know how much to safely spend and how to know if I’m spending too much?

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Jan 22, 2024

Some tax breaks aren’t worth the hassle of pursuing them, however, today’s example is definitely worth the hassle!

If you are charitably minded you’ll want to listen to learn about the advantages of making qualified charitable distributions. Discover how to increase your standard deduction while enjoying charitable tax benefits. 

Stick around for the listener question to hear a great way to start practicing spending your money when you have been over-flexing your savings muscle. 

Outline of This Episode

  • [2:22] The power of qualified charitable distributions
  • [5:56] How IRMAA thresholds work
  • [7:27] Three key takeaways
  • [12:41] How to convince your spouse that you have enough money to retire

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Jan 15, 2024

Planning retirement spending is tough to do since there are so many unknowns. Many people tend to take a fear-based approach and rely on the 4% rule. Some even take a step further and spend less of their nest egg.

Today’s Retirement Headline urges you to take a different approach. Listen in to hear what the article advises and my thoughts on the matter. Then stick around for the listener question to learn how our national macroeconomic situation affects financial planning.

Outline of This Episode

  • [1:22] Rethink underspending in retirement
  • [5:01] My thoughts on the article
  • [10:12] How does our national macroeconomic situation affect financial planning?

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Jan 8, 2024

I don’t know about you, but I want to stay active and healthy for as long as possible. That’s why when I saw this Forbes article I knew I wanted to share it with you. 

If you want to learn how to age gracefully and maintain your vitality, you won’t miss this episode. Then, stick around to hear my answer to the question: why do some people have a hard time with retirement?

Outline of This Episode

  • [1:24] How to age gracefully and maintain vitality
  • [4:20] Embrace interdependence
  • [9:55] Why do some people have a hard time with retirement?

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Jan 1, 2024

As you probably know by now, Bret and I are here to help you spend more money and spend less in taxes so that you can live an even better life in retirement. 

This week we’re helping you do that by sharing some lessons that we learned from our clients’ fall tax meetings. If you enjoyed our Lessons in Estate Planning episodes last spring, you’ll love hearing what we learned from our clients this fall. Press play to hear what you can learn from our experience with our clients.

Outline of This Episode

  • [1:42] Why we love Roth conversions
  • [10:40] Don’t forget to plan for taxes as a widow/er

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