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Nội dung được cung cấp bởi Andy Panko. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được Andy Panko hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.
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All About Change


1 Chris Nowinski - Protecting Athletes from Head Injuries & Preventing CTE 27:28
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Chris Nowinski is a former football player at Harvard University and professional wrestler with WWE, World Wrestling Entertainment. After enduring a career-ending head injury, Chris has dedicated his professional life to serving patients and families affected by brain trauma, particularly Chronic traumatic encephalopathy, or CTE, a progressive neurodegenerative disease that develops after repeated head injuries. Jay and Chris discuss the state of head injuries in American athletics, the difference between advocating for head safety at youth and professional levels, Chris’ newest research, and much more. Episode Chapters (00:00) Intro (00:50) changes in the culture around concussions in the past two decades (02:39) padded helmet technology (03:55) concussion reporting in the NFL (10:35) Chris’ career path and concussion history (14:52) connecting with activists who haven’t themselves suffered a traumatic brain injury (17:42) SHAAKE - a new sign to identify concussions (20:53) Unions can help players advocate for safety policies (23:10) final thoughts and goodbye For video episodes, watch on www.youtube.com/@therudermanfamilyfoundation Stay in touch: X: @JayRuderman | @RudermanFdn LinkedIn: Jay Ruderman | Ruderman Family Foundation Instagram: All About Change Podcast | Ruderman Family Foundation To learn more about the podcast, visit https://allaboutchangepodcast.com/…
Retirement Planning Education, with Andy Panko
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Nội dung được cung cấp bởi Andy Panko. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được Andy Panko hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.
Teaching you all about IRAs & Roth IRAs, employer retirement plans, taxes, Social Security, Medicare, portfolio withdrawal strategies, annuities, estate planning and much more!
…
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144 tập
Đánh dấu tất cả (chưa) nghe ...
Manage series 3305727
Nội dung được cung cấp bởi Andy Panko. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được Andy Panko hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.
Teaching you all about IRAs & Roth IRAs, employer retirement plans, taxes, Social Security, Medicare, portfolio withdrawal strategies, annuities, estate planning and much more!
…
continue reading
144 tập
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Retirement Planning Education, with Andy Panko

1 #141 - Determining how much Roth conversion to do in a given year 52:27
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Andy discussed how to determine how much Roth conversion to do in a particular year (assuming you've decided Roth conversions make sense for you). He walks through how to do a current year income & tax projection, and what tax "targets" or "goals" are commonly used in determining how much conversion to do. Links in this episode: DinkyTown 1040 online tax return projection tool - here Tenon Financial monthly e-newsletter - Retirement Planning Insights To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #140 - Q&A edition...Donor Advised Funds, back door Roth IRA contributions, 10-year Treasury bonds, crypto and MORE! 53:02
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Listener Q&A where Andy talks about: Can Donor Advised Funds ("DAFs") be funded with pre-tax IRA money ( 2:22 ) How to do a backdoor Roth IRA contribution and avoid the pro rata rule if you have pre-tax funds in other IRAs ( 5:46 ) What are the must have important things to address and get right in retirement planning, vs what are nice to have optimization things ( 10:51 ) How come most flat fee advisors don't work with clients with net worth in excess of $10 million ( 19:50 ) How to invest excess money in taxable brokerage accounts ( 26:21 ) Can funds or investments in taxable brokerage accounts be exchanged in-kind with others to avoid consequences ( 30:07 ) Why is the 10-year Treasury bond used as a benchmark for many fixed income products, and why do bond prices change when interest rates change ( 32:49 ) How to know if you're over-saving ( 38:27 ) Thoughts about timing in when you take distributions vs doing Qualified Charitable Distributions ("QCDs") to satisfy Required Minimum Distributions ("RMDs") ( 41:51 ) My thoughts on crypto assets ( 46:29 ) To find an "advice only" advisor - www.AdviceOnlyNetwork.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #139 – Retirement planning chat with a "real" person, John McLaurin 58:14
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with John McLaurin. They talk about a wide array of retirement planning topics such as planning for special needs and the "generational" planning involved, investing, Social Security, when they got serious about retirement planning, and more! Links in this episode: The book John mentioned - The Special Needs Planning Guide: How to Prepare for Every Stage of Your Child's Life Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #138 – Retirement planner chat, with Liz Yoder from Dependent Financial Planning 1:12:46
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Andy chats with fellow retirement planner Liz Yoder, CFP®, ChSNC® from Dependent Financial Planning. In this episode they talk about a wide array of retirement planning topics with a particular emphasis on special needs planning and the unique considerations and areas to consider when you or your child has or is likely to have a disability Links in this episode: Liz's advisory company website - Dependent Financial Planning Liz's LinkedIn profile - Elizabeth (Wolleben) Yoder To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #137 - 7 scenarios where it might be beneficial to do Roth conversions 53:08
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Andy discussed seven common scenarios where it might be beneficial to do Roth conversions: You know your income now is much lower than it will be in the future You're married (and may eventually be single) You have large pre-tax accounts Your eventual heirs are likely to be in higher tax situations than you currently are Your plan on moving to a state that will have higher income taxes than your current state You're convinced tax rates will increase markedly in the future You want greater tax "diversity" amongst your investable accounts Links in this episode: Tenon Financial newsletter summarizing the 7 potential Roth conversion scenarios - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #136 - Guest host edition...Mike Powers walks through his retirement planning checklist 32:39
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Special guest host, Mike Powers, CPA, PFS, CFP®, from Manuka Financial sits behind the microphone to walk through his 22-point retirement planning checklist, which includes financial, insurance and lifestyle considerations. Links in this episode: Mike's blog post about the retirement planning checklist - here George Kinder's life planning three questions - here Mike's company's website - Manuka Financial Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #135 - Q&A edition...understanding financial advisor's titles, repeal of Social Security WEP & GPO, umbrella insurance and MORE! 57:18
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Listener Q&A where Andy talks about: What it means between an advisor who calls themself a financial planner vs wealth manager vs any other label they choose to use ( 10:24 ) My thoughts on the recently repealed Windfall Elimination Provision ("WEP") and Government Pension Offset ("GPO") parts of Social Security ( 20:35 ) A follow up to a previously discussed Q&A topic about how much umbrella insurance to purchase ( 31:18 ) How income is taxed to a recently deceased person vs their heirs or their estate ( 37:08 ) How best to gift money to grandchildren to get them started with saving and investing ( 42:10 ) Understanding a bond or bond fund's "duration" and how to use it measure the bond or bond fund's interest rate price change risk. And what it means to have a recommended "holding period" for a bond fund ( 46:45 ) To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #134 – Retirement planning chat with a "real" person, Brian Alexander 1:01:05
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Brian Alexander. They talk about a wide array of retirement planning topics such as investing, Social Security, when they got serious about retirement planning, funding potential long term care needs and more! Links in this episode: Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #133 – Retirement planner chat, with Eric Niergarth from Retirement Roadmap Financial Planning 1:09:13
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Andy chats with fellow retirement planner Eric Niergarth, CFP®, RICP® from Retirement Roadmap Financial Planning. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when people have enough to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Eric's advisory company website - Retirement Roadmap Financial Planning To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #132 - Why the value in financial advisory services can't actually be measured 57:11
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Andy explains how there is definitely value in good financial advisory services, but how it's impossible to quantify that value and is often disingenuous for advisors to claim they can, or for studies to try to put a number on it Links in this episode: Vanguard's research paper - Putting a value on your value: Quantifying Vanguard Advisor's Alpha My article - How Much are Your Services Worth? My article - Advisors Fees are Broken Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #131 - Q&A edition...mutual funds vs ETFs, traditional vs rollover IRAs, how much umbrella insurance to get and MORE! 56:44
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Listener Q&A where Andy talks about: What's the difference between index mutual funds and index ETFs, and why choose one over the other ( 6:32 ) Is a three-fund index fund portfolio reasonable for someone in the decumulation phase of life ( 17:04 ) What's the difference between a "rollover" and "traditional" IRA ( 20:54 ) How much of your net worth should you cover with umbrella insurance ( 24:32 ) What should someone do about a pre-tax employer plan they don't really need if they're only in their 60s and still a few years away from Required Minimum Distributions ( 33:17 ) What to consider when deciding whether to roll an old employer 403(b) into a new employer's 403(b) or to an IRA ( 36:30 ) What tax prep courses are there for individuals to learn about doing their own taxes ( 39:13 ) Discussion of "bullet" maturity bond funds/ETFs ( 42:30 ) To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #130 – Retirement planning chat with a "real" person, Peter Townsend 1:55:52
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Peter Townsend. They talk about a wide array of retirement planning topics such as becoming self-educated in the details of retirement planning AFTER already retiring, Social Security, funding potential long term care needs and more! Links in this episode: Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #129 – Retirement planner chat, with Andrew Gray from Gray Wealth Strategies 1:34:52
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Andy chats with fellow retirement planner Andrew Gray, CFP® from Gray Wealth Strategies. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when people have enough to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Andrew's advisory company website - Gray Wealth Strategies To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #128 - How to decide whether to own or rent your home in retirement 43:26
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Andy discusses the things to take into consideration when trying to decide whether to own or rent a home in retirement Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #127 - Q&A edition...concentration in the S&P 500, direct indexing, how to transfer accounts from one broker to another and MORE! 53:38
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Listener Q&A where Andy talks about: What to do about the concentration of the top few names in the S&P 500 ( 5:10 ) What is direct indexing, when could it make sense and how to manage wash sales when direct indexing ( 13:21 ) Whether you need to have taxes withheld from annuities or any other sources of income ( 30:39 ) When it might make sense to buy an annuity for only a few years, such as five or 10 years ( 34:34 ) If your only income is Social Security and IRA withdrawals, what level of IRA withdrawal will lead to income high enough that you will need to start paying income-based surcharges on Medicare ( 37:47 ) How to transfer investment accounts from one broker/custodian to another ( 43:02 ) To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Links in this episode: The DinkyTown 1040 tax return calculator - here My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #126 – Retirement planning chat with a "real" person, Jane 1:12:00
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Jane (anonymous name). They talk about a wide array of retirement planning topics such as dealing with the unexpected death of a spouse, self-educating on retirement and tax planning, doing a really large Roth conversion, Social Security survivor benefits, healthcare options in retirement and more! Links in this episode: The book Die With Zero - here The book The Psychology of Money - here The Bogleheads forum - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #125 – Retirement planner chat, with Jamie Lima from Woodson Wealth Management 1:33:01
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Andy chats with fellow retirement planner Jamie Lima, CFP®, CDFA from Woodson Wealth Management and Allegiant Divorce Solutions. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when people have enough to retire, what consumers often overlook in retirement planning and much more! Also, Jamie interjects his experience and knowledge around divorce-related matters in the retirement and financial planning processes. Links in this episode: Jamie's advisory company website - Woodson Wealth Management Jamie's divorce planning company website - Allegiant Divorce Solution Jamie's podcast - Broke Up, Not Broke(n) FINRA's BrokerCheck - here To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #124 - The basics of taxes and tax planning in retirement 1:00:28
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Andy talks about the basics of what to know regarding taxes and tax planning in retirement. Topics discussed include: What sources of income are taxable vs non-taxable Required Minimum Distributions ("RMDs") from both your own accounts and inherited accounts How to pay taxes in retirement: withholdings vs making estimated payments Gifting tax-efficiently Making charitable donations tax-efficiently Overview of common long-term tax planning strategies: Delaying Social Security and distributing from pre-tax accounts in the interim Roth conversions Tax loss and tax gain harvesting Asset "location" of which investments to hold in which account types To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Links in this episode: The Rock Retirement Club - here My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #123 - My thoughts on 12 common financial and retirement planning rules of thumb 51:13
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Special edition episode in which Andy shares his views on whether the below 12 rules of thumb are accurate or not: You should always contribute at least enough to your employer plan (like a 401(k)) to get the full employer match You shouldn't help your kids pay for college if it means shorting your own financial security in retirement You need at least $X million (where $X can be whatever amount someone wants to say) of savings to retire In retirement, expect to need 80% of whatever your pre-retirement income was each year The 4% "rule" is a good tool for determining how much of a portfolio someone can distribution each year in retirement Your target stock allocation percentage should be 100 minus your age You should pay off your mortgage before retiring The rule of 72 is a good tool to tell how long it will take to double your investment You should have an emergency fund of cash equal to three to six months of expenses Permanent life insurance should be avoided; only use term life insurance The owner of a large investment advisory firm says, "I hate annuities and you should too" That same person also says of his firm, "we do better when you do better" To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Links in this episode: My podcast about the 4% "rule" - here My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #122 - Q&A edition...tracking Roth IRA contributions, what to do with leftover RMD money, using total bond market funds and MORE! 39:45
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Listener Q&A where Andy talks about: How to keep track of Roth IRA contributions ( 6:45 ) Considering getting employer-sponsored health insurance to supplement Medicare ( 12:15 ) What to do with money from an RMD that you don't actually need ( 16:48 ) Understanding the capital gain exclusion on selling your primary residence ( 19:58 ) How to determine how much you can rent out a rental property for, and how to screen for tenants ( 23:42 ) How to distribute from a portfolio that includes total bond market funds as its fixed income allocation ( 28:10 ) Rolling over up to $35k of unused 529 funds into a Roth IRA ( 34:28 ) To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Links in this episode: The Boomer Benefits Facebook group - here My podcast about the primary residence sale capital gain exclusion - here TransUnion SmartMove website - here My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #121 – Retirement planning chat with a "real" person, Doug Mann 1:26:44
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Doug Mann. They talk about a wide array of retirement planning topics such as retiring and living abroad in Thailand and the unique planning considerations involved with being abroad full-time Links in this episode: Doug's travel/photography website - www.photomann.com The Rock Retirement Club - here RetirePlan website - here Doug's episode on Roger Whitney's Retirement Answer Man podcast - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #120 – Retirement planner chat, with Erik Barnes from Retirement Portfolio Partners 1:51:35
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Andy chats with fellow retirement planner Erik Barnes, CFP® from Retirement Portfolio Partners. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when people have enough to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Erik's company website - Retirement Portfolio Partners The Rock Retirement Club - here To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #119 - Andy's appearance on Rob Berger's YouTube channel, talking about taxes in retirement 1:41:14
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Andy appeared as a guest/co-host on the September 23, 2024 episode of Rob Berger's YouTube live stream video series. In it, they discussed taxes and tax planning in retirement, as well as a host of other questions such as account rebalancing, Roth conversion analysis, and more! There was also plenty of live Q&A from Rob's loyal followers/watchers. For those who don't already know, Rob Berger has one of the best YouTube channels out there for straight-shooting, educational and informative content about retirement planning and investing. You can find a link to the channel and this specific episode below. Links in this episode: Rob's YouTube channel - here My YouTube episode with Rob - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #118 - Q&A edition...Itemized sales tax deductions, pension vs lump sum, surviving spouse tax increases and MORE! 49:10
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Listener Q&A where Andy talks about: Itemizing sales taxes on Schedule A of your tax return, particularly when living in two states during the year ( 6:30 ) Considerations when deciding between taking a pension or its lump sum ( 11:51 ) Should a recently widowed person take advantage of their last year of Married Filing Joint tax brackets and do a large Roth conversion or IRA distribution ( 25:03 ) Understanding the pro rata rule when doing a Roth conversion when you have multiple IRAs and a 401(k) ( 31:40 ) How the IRS knows if you didn't take Required Minimum Distributions ("RMDs") when you were supposed to ( 37:02 ) How to ensure your Treasury interest received (including when received indirectly through a money market mutual fund) is properly reported as tax-free on your state tax return ( 41:36 ) To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Links in this episode: IRS sales tax deduction calculator - here Rob Berger's YouTube channel - here My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #117 – Retirement planning chat with a "real" person, Alison 59:24
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Alison (last name not disclosed). They talk about a wide array of retirement planning topics such as the unique planning considerations of having a spouse who's nearly 10 years younger and how an unexpected major medical condition a few years ago resulted in her being on long term disability, presumably through when she starts Social Security. They also talk about about what she wishes she would have known earlier and a variety of financial topics such as Social Security, how they got a late start in getting serious about saving for retirement and more! Links in this episode: Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #116 – Retirement planner chat, with Roger Whitney from the Retirement Answer Man podcast 1:36:40
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Andy chats with fellow retirement planner Roger Whitney, CFP®, CIMA®, CPWA® from The Retirement Answer Man podcast. In this episode they talk about a wide array of retirement planning topics such as tax planning, investing, annuities, how to help advise people get over the hurdle of not wanting to spend their money, what consumers often overlook in retirement planning and much more! Links in this episode: Roger's website - The Retirement Answer Man Bronnie Ware's book - The Top Five Regrets of the Dying Roger's workbook of info and questions about - Finding a Trusted Advisor To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #115 - How to give to charities tax-efficiently 55:44
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Andy summarizes the tax-related concepts to know when giving to charities, and summarizes a few ways in which to make your charitable donations as tax-efficient for you as possible Links in this episode: IRS Publication 526 - here My YouTube video - How to Give to Charities Tax Efficiently My YouTube video - Overview of Federal Income Taxation Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #114 – Retirement planner chat, with me...Andy Panko from Tenon Financial 1:54:44
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We're switching things up a bit! In this week's episode, guest host Mike Powers (from Manuka Financial; was a previous guest on the podcast) chats with the show's host, Andy Panko from Tenon Financial. In the episode, they talk about a wide array of retirement planning topics and Andy's view and approach toward them, such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to help advise people who are spending more than planned, what consumers often overlook in retirement planning and much more! Links in this episode: Andy' company's website - Tenon Financial Ed Slott's blog - The Slott Report Ed Slott's paid membership group for advisors - Elite IRA Advisor Group Michael Kitces blog - here Jeff Levine's X (formerly Twitter) page - here Bob Keebler home page - here Natalie Choate's book - Life & Death Planning for Retirement Benefits Investment News - www.InvestmentNews.com Wall Street Journal - www.WSJ.com Roger Whitney's Podcast - The Retirement Answer Man Jim Saulnier & Chris Stein's podcast - The Retirement & IRA Show Benjamin Brandt's podcast - Retirement Starts Today Radio Victor Medina's podcast - Retirease Radio Rob Berger's YouTube channel - here Mike's article about the questions to ask a prospective advisor - 9 Questions to Ask a Flat Fee (or any!) Financial Advisor as You Near Retirement My article about why it's disingenuous for advisors to pretend they can quantify their value in - How Much Are Your Services Worth? To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #113 - Q&A edition...how to find a retirement tax planner, Medicare premium surcharges, bullet maturity bond ETFs and MORE! 54:46
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Listener Q&A where Andy talks about: Can you retroactively increase your income for a prior tax year ( 2:37 ) How to find a retirement planning tax specialist ( 8:16 ) How the Medicare IRMAA premium surcharge income lookback works ( 17:24 ) Determining how much mega back door Roth contributions to do ( 22:02 ) Is it okay to employ your child part-time in your small business to give them earnings so you can contribute to a Roth IRA for them ( 28:07 ) My thoughts on "bullet" maturity bond ETFs ( 31:30 ) Whether reducing withdrawal rates or setting up a bucketing system eliminates Sequence of Returns Risk in retirement ( 43:27 ) To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Links in this episode: List of flat-free retirement planner referrals - here Link to the Facebook group post about Sequence of Returns Risk - here My YouTube video on Sequence of Returns Risk - here My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #112 – Retirement planning chat with a "real" person, Jane 40:39
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Jane (an anonymous name). They talk about a wide array of retirement planning topics such as when she started getting serious about retirement planning, what she wishes she would have known earlier, what she learned from seeing her parents go through a long term care event with her father, and a variety of financial topics such as Social Security, investing, how she and her husband plan to address their own potential long term care scenarios and more! Links in this episode: Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #111 – Retirement planner chat, with Victor Medina from Palante Wealth 1:27:12
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Andy chats with fellow retirement planner Victor Medina, CFP®, RICP®, CELA® from Palante Wealth. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to help advise people who are spending more than planned, what consumers often overlook in retirement planning and much more! Links in this episode: Victor's company's website - Palante Wealth Victor's podcast - Retirease Radio Simon Sinek website - here To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #110 1/2 - ONE MORE pro of rolling over employer plans (like a 401(k)) to an IRA 10:00
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I'm a buffoon and I missed including another important pro of doing an employer plan-to-IRA rollover in episode #110's list of pros and cons of rollovers. The additional potential pro is the ability to do Qualified Charitable Distributions ("QCDs") out of the IRA if you're at least 70 1/2 and charitably inclined. So, the recap the full list of pros (including QCDs) and cons of doing an employer plan-to-IRA rollover: Potential PROS of rolling over an employer plan to an IRA or Roth IRA: More investment options Likely lower fees and costs Access to professional advice Better control over tax withholdings More withdrawal options Less Required Minimum Distributions ("RMDs") to manage Less financial clutter Gain the ability to do Qualified Charitable Distributions ("QCD") Potential CONS of rolling over an employer plan to an IRA or Roth IRA: May lose the ability to take early distributions without penalty May lose the ability to cleanly do backdoor Roth IRA contributions May lose the ability to continue to delay RMDs from that plan (if you're still working at that employer) Lose the ability to take loans from the money May lose the ability to take advantage of Net Unrealized Appreciation ("NUA") of company stock May lose access to a stable value or managed income portfolio investment option Potentially less creditor protection Links in this episode: Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #110 - Pros and cons of rolling over employer plans [like a 401(k)] to an IRA 1:05:22
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Andy summarizes the pros and cons of rolling over an employer plan (such as a 401(k), 403(b), 401(a), 457 or the federal Thrift Savings Plan) to an IRA or Roth IRA. To sum up: Potential PROS of rolling over an employer plan to an IRA or Roth IRA: More investment options Likely lower fees and costs Access to professional advice Better control over tax withholdings More withdrawal options Less Required Minimum Distributions ("RMDs") to manage Less financial clutter Potential CONS of rolling over an employer plan to an IRA or Roth IRA: May lose the ability to take early distributions without penalty May lose the ability to cleanly do backdoor Roth IRA contributions May lose the ability to continue to delay RMDs from that plan (if you're still working at that employer) Lose the ability to take loans from the money May lose the ability to take advantage of Net Unrealized Appreciation ("NUA") of company stock May lose access to a stable value or managed income portfolio investment option Potentially less creditor protection Links in this episode: Summary of the creditor protection of IRAs and Roth IRAs by state - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com…
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Retirement Planning Education, with Andy Panko

1 #109 - Q&A edition...how to know if your 401(k) is good, how much tax to withhold from Social Security, should you invest in International stocks and MORE! 43:43
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Listener Q&A where Andy talks about: How to know if your 401(k) is good ( 5:57 ) Is it safer to bank at multiple banks instead of just one ( 14:33 ) How much tax should you withhold from your Social Security ( 21:10 ) Whether each spouse needs to take out excess Roth IRA contributions if only one spouse's income put their Married Filing Joint total income over the Roth IRA contribution eligibility threshold ( 25:20 ) Should you hire an advisor for a one-time Roth conversion analysis and plan if they claim it can save you millions in lifetime taxes ( 27:20 ) Should you own international stocks in your stock allocation ( 31:58 ) To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com Links in this episode: Form W-4V to have federal taxes withhold from your Social Security payments - here Dinkytown online tax return calculator - here My YouTube video on fixing excess Roth IRA contributions - here My article about the futility of trying to quantify the value of Roth conversions - here My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #108 – Retirement planning chat with "real" people, Ali & Alison Walker 1:38:27
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Andy chats with real people (not advisors) doing their own retirement planning. In this episode, Andy talks with Ali & Alison Walker, who live in Arizona currently but lived and traveled abroad for a few years after retiring. They talk about a wide array of retirement planning topics such as when Ali & Alison started getting serious about retirement planning, what they wish they would have known earlier, how they planned for the non-financial aspects of retirement, and a variety of financial topics such as Social Security, investing, portfolio distributions, how they plan to address any potential long term care scenarios and more! Links in this episode: Ali & Alison's website - All Options Considered Better Investing organization - here Tanja Hester's Our Next Life blog - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #107 – Retirement planner chat, with Mike Powers from Manuka Financial 1:51:51
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Andy chats with fellow retirement planner Mike Powers, CPA, PFS, CFP®, from Manuka Financial. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to help advise people who are spending more than planned, what consumers often overlook in retirement planning and much more! Links in this episode: Mike's company's website - Manuka Financial Michael Kitces website - here Mr Money Mustache blog - here ChooseFI financial independent community - here Early Retirement Now website - here Allan Roth from Wealth Logic - here David Hulstrom from Financial Architects - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #106 - How to decide the optimal time to start your Social Security benefits 43:25
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Andy talks about the main points to consider when deciding when to start your Social Security retirement benefits Links in this episode: Tenon Financial June 2024 newsletter discussing how to optimize your Social Security claiming decision - here Retirement Planning Education June 2024 blog discussing how to optimize your Social Security claiming decision - here My YouTube video - Calculating Your Social Security Primary Insurance Amount Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #105 - Q&A edition... having mortgages in retirement, understanding Medicare coinsurance, when to consider long term care insurance and MORE! 54:59
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Listener Q&A where Andy talks about: Whether or not it's okay to have a mortgage or rent in retirement ( 1:56 ) Medicare Part B coinsurance of 20% and whether Medigap/Supplemental policies are worth it ( 8:50 ) How much money is TOO MUCH money to have in a Health Savings Account ( 13:50 ) If I've changed any of my views or processes around retirement planning as a result having chatted with multiple "real people" and other retirement planners in this podcast ( 24:57 ) How advisors can help improve the perception of the industry and how consumers can help try to better vet their potential advisor ( 28:58 ) How much net worth is enough to consider not having long term care insurance or life insurance ( 43:52 ) Links in this episode: FINRA's BrokerCheck - here My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #104 – Retirement planning chat with a "real" person, Laura Maione 1:11:07
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Laura Maione, who lives in Illinois and retired during the pandemic. They talk about a wide array of retirement planning topics such as when Laura started getting serious about retirement planning, what she wishes he would have known earlier, how she planned for the non-financial aspects of retirement, and a variety of financial topics such as Social Security, investing, portfolio distributions, how she plans to address any potential long term care scenarios and more! Links in this episode: Bogleheads forum - here Early Retirement - here FireCalc - here i-ORP Retirement Planner - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #103 – Retirement planner chat, with Angie Furubotten-LaRosee from Avea Financial Planning 1:33:48
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Andy chats with fellow retirement planner Angie Furubotten-LaRosee CFP®, from Avea Financial Planning. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to help advise people who are spending more than planned, what consumers often overlook in retirement planning and much more! Links in this episode: Angie's company's website - Avea Wealth Management Angie's "Questions to ask...when choosing a financial planner" Michael Kitces content - here International Living Magazine - here Women of Influence Toastmasters Club - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #102 - Highlights of the 2024 Social Security Trustees Report 40:13
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Andy gives a summary of the key takeaways from the recently released 2024 Social Security Trustees Report Links in this episode: The 2024 Social Security Trustees Report - here The "Summary of Provisions That Would Change the Social Security Program" - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #101 - Q&A edition...Choosing a custodian, 401(k) contribution limits, gift tax exclusion limits and MORE! 34:24
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Listener Q&A where Andy talks about: How to choose a brokerage firm/custodian to use ( 3:00 ) How frequently to rebalance your portfolio ( 11:46 ) Annual 401(k) contribution limits between employee and employer contributions ( 14:55 ) Understanding gift taxes, when a gift tax return is required, the lifetime gift/estate size exemption and the annual gift exclusion ( 19:08 ) The two different 5-year rules for Roth IRAs ( 24:03 ) How mortgages or home equity lines of credit play into how much of the gain on the sale of your primary residence can be excluded ( 28:43 ) Links in this episode: My YouTube video - Understanding Roth IRA Withdrawal Rules My Podcast episode - Understanding the $250k or $500k gain exclusion on selling your primary residence My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #100 – 100th episode celebration!!! Andy's 100 words of retirement planning wisdom 1:30:56
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Thank you for your support through 100 episodes!!! 🥳 To celebrate the milestone of the 100th episode, Andy shares his 100 best bits of retirement planning wisdom, broken up into 10 topics of 10 pieces of wisdom each. The 10 topics are: 1) Investments, 2) Social Security, 3) Medicare, 4) Taxes, 5) Estate & Legacy Planning, 6) Annuities & Life Insurance, 7) Pensions, 8) Long Term Care, 9) the Financial Advisory Industry and 10) Non-Financial & Life Planning Links in this episode: Genworth Cost of Care Survey - here FINRA's BrokerCheck - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #099 – Retirement planning chat with a "real" person, Al DiSalvio 1:02:45
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Al DiSalvio, who lives in New Jersey and plans on retiring in 2025. They talk about a wide array of retirement planning topics such as when Al started getting serious about retirement planning, what he wishes he would have known earlier and a variety of financial topics such as Social Security, investing, Roth conversions, how he recently took a work assignment abroad and more! Links in this episode: Roger Whitney's Retirement Answer Man podcast - here Rob Berger's YouTube channel - here Joe Kuhn's YouTube channel - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #098 – Retirement planner chat, with Lauren Hunt from Daybreak Wealth Management 1:13:01
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Andy chats with fellow retirement planner Lauren Hunt, CFP®, from Daybreak Wealth Management. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when someone has "enough" to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Lauren's company's website - Daybreak Wealth Management Michael Kitces content - here David Kelly content - here Ian Bremmer content - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #097 – Inherited IRA Required Minimum Distribution ("RMD") rules 44:23
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Explanation of the Required Minimum Distribution ("RMD") rules for inherited IRAs Links in this episode: The IRS's Single Life Expectancy Table Charles Schwab's Inherited IRA Withdrawal Rules Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #096 - Q&A edition...US government debt concerns, Health Savings Accounts, how to estimate taxes and MORE! 45:51
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Listener Q&A where Andy talks about: Am I concerned about the increasing amount of US government debt, and how do I think it will impact retirees' investments ( 1:32 ) Are there any custodians that offer Roth versions of SEP IRAs ( 16:58 ) Is there a simple way to estimate what your total taxes will be for the year ( 19:28 ) Could it make sense to invest in municipal bonds instead of bonds where the interest is taxable - even if the after-tax yield of the non-municipal bonds is higher - if the interest from the municipal bonds will have smaller impact on Modified Adjusted Gross Income for things like Medicare premium surcharges and Affordable Care Act premium tax credits ( 26:01 ) A listener's feedback on why he feels a living/revocable trust was a good idea for him ( 31 :48 ) How much money is TOO MUCH to have in a Health Savings Account ("HSA") ( 36:16 ) Is it better to take a year's Required Minimum Distribution ("RMD") all at once, or spread out throughout the year ( 42:05 ) Links in this episode: My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #095 – Retirement planning chat with a "real" person, Judy Ocaya 1:23:22
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Judy Ocaya, who lives in California and retired in 2019. They talk about a wide array of retirement planning topics such as when Judy started getting serious about retirement planning, what she wishes he would have known earlier, how she planned for the non-financial aspects of retirement, and a variety of financial topics such as Social Security, investing, portfolio distributions, how she leveraged her professional experience as a retirement plan actuary and more! Links in this episode: Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #094 – Retirement planner chat, with David and Mary Oransky from Laminar Wealth 1:25:49
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Andy chats with fellow retirement planners Devin Oransky and Mary Oransky, from Laminar Wealth. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when someone has "enough" to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Laminar Wealth's website - https://www.laminarwealth.com/ Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #093 – Advisory fees...the good, the bad, the ugly 1:32:22
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Discussion of the different ways in which advisory firms charge fees, why the percentage of assets under management fee is illogical and unfair, and what alternate fee structures may be less illogical and less unfair Links in this episode: FINRA's BrokerCheck - here My article about trying to quantify the "value" of advisory services - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #092 - Q&A edition...determining state tax residency, tax underpayment penalties and MORE! 35:42
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Listener Q&A where Andy talks about: How to establish tax residence in a new state, and how to leave tax residence in your old state Carrying over capital loss deductions Minimizing or eliminating underpayment interest penalties by "annualizing" income using Form 2210 When in the tax return season should you file your return Is an advisory fee of 1.25% to 1.50% worth it Links in this episode: My YouTube video - Estimated Taxes, Tax Withholdings and Underpayment Penalties My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #091 – Retirement planning chat with a "real" person, Tom Santi 1:17:23
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Tom Santi, who lives in Florida and is currently in a part-time/transitional work phase leading toward retirement. They talk about a wide array of retirement planning topics such as when Tom started getting serious about retirement planning, what he wishes he would have known earlier, how he planned for the non-financial aspects of retirement, and a variety of financial topics such as Social Security, investing, portfolio distributions and how he received the CFP in the 1990s but never actually formally practiced as a financial planner! Links in this episode: Tom's favorite retirement planning resources: Chris Farrell's book, Your Money Ratio$ Thomas Stanley and William Danko's book, The Millionaire Next Door Burton Malkiel's book, A Random Walk Down Wall Street John Paulos's book, Innumeracy Darrell Huff's book, How to Lie with Statistics Annie Duke's book, Thinking in Bets Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #090 – Retirement planner chat, with Devin Carroll from Carroll Advisory Group 1:25:07
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Andy chats with fellow retirement planner Devin Carroll, from Carroll Advisory Group. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when someone has "enough" to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Devin's company's website - Carroll Advisory Group Devin's YouTube channel - Devin Carroll Devin's podcast - Big Picture Retirement Devin's Facebook group - Social Security Intelligence Member's Group The Social Security Program Operations Manual System - POMS Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #089 – Understanding the S&P 500 index and why it's NOT the right benchmark for your portfolio 37:54
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Explanation of what the S&P 500 index is, what it measures, how it works and why it's NOT the right benchmark to use for your portfolio and it's returns Links in this episode: Portfolio Visualizer website - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #088 – Retirement planning considerations for women, with Laura Adams 1:08:28
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Andy talks with Laura Adams, author and host of the The Money Girl podcast, about retirement planning considerations and issues unique to women Links in this episode: Laura's website - https://lauradadams.com/ Laura's podcast - The Money Girl Laura's newsletter - The Money Stack Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #087 - Q&A edition...tax return filing statuses, advisor succession plans and MORE! 46:31
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Listener Q&A where Andy talks about: The summary of the five different tax return filing statuses Whether a particular listener could file as Head of Household for his 22 year-old son in college How to get the 1099-INT form if you sold any I Bonds last year Whether you can still do a 2023 Roth conversion now, in February 2024 What to look for and ask regarding an advisor's succession plan Links in this episode: My YouTube video - Overview of Federal Income Taxation IRS's Instructions to Form 1040 IRS's website for What is My Filing Status? IRS's website for Whom May I Claim as a Dependent? My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #086 – Retirement planning chat with a "real" person, Bill Stevenson 1:01:53
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Bill Stevenson, a married military retiree currently living in Hawaii. They talk about a wide array of retirement planning topics such as when Bill started getting serious about retirement planning, what he wishes he would have known earlier, how he planned for the non-financial aspects of retirement, and a variety of financial topics such as Social Security, investing, portfolio distributions, how the GI Bill helped pay for Bill's daughters' colleges and more! Links in this episode: Bill's favorite retirement planning resources: Jane Bryant Quinn books and other resources - here Wade Pfau's book, Retirement Planning Guidebook The podcast, The Retirement & IRA Show Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #085 – Retirement planner chat, with Brian Tegtmeyer from Truly Prosper Financial Planning 59:41
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Andy chats with fellow retirement planner Brian Tegtmeyer, CFP®, from Truly Prosper Financial Planning. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when someone has "enough" to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Brian's company's website - Truly Prosper Financial Planning The Michael Kitces website/blog - here Ed Slott website/blog - here Natalie Choate's book - Life and Death Planning for Retirement Benefits Money Quotient life planning tools - here George Kinder financial life planning resources - here Mitch Anthony financial life planning resources - here Reid Stone's non-financial and life planning solutions - here Fritz Gilbert's blog - The Retirement Manifesto Roger Whitney's podcast - The Retirement Answer Man Mitch Anthony's book - The New Retirementality Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #084 – Understanding Target Date Retirement Funds 53:18
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Explanation of target date retirement funds and how they work, what their fees are, when they can make sense, pros and cons, etc. Links in this episode: Episode #060 of the Retirement Planning Education podcast about mutual funds Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #083 - Q&A edition...Solo 401(k)s, tax gain harvesting, bonds vs bond funds and MORE! 45:44
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Listener Q&A where Andy talks about: For those who have solo 401(k) plans, when having to file Form 5500EZ is required What's tax gain harvesting and when it's beneficial How to select between online banks that offer high yield savings accounts Bonds vs bonds funds and what should be considered when figuring out how to invest the bond portion of your portfolio Links in this episode: My company newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #082 – Retirement planning chat with a "real" person, David Folts 1:26:02
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Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with David Folts, a married retiree in Ohio. They talk about a wide array of retirement planning topics such as when David started getting serious about retirement planning, what he wishes he would have known earlier, how he planned for the non-financial aspects of retirement, and a variety of financial topics such as Social Security, investing, portfolio distributions, long-term care and more! Links in this episode: David's favorite books: A Whack on the Side of the Head , by Roger Von Oech A Kick in the Seat of the Pants , by Roger Von Oech The Debt Squeeze , by Ron Blue David's favorite YouTube channels: Retirement Planning Education , by Andy Panko Measure Twice Planners , by Cody Garrett Approach Financial , by Justin Pritchard Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #081 – Retirement planner chat, with Larry Pershing from Optimum Retirement Planning 1:34:02
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Andy chats with fellow retirement planner Larry Pershing, CFP®, RMA® from Optimum Retirement Planning. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when someone has "enough" to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Larry's company's website - Optimum Retirement Planning Larry's Facebook group - Roth Conversions and Retirement Larry's YouTube channel - 2 Minute Retirement Planning The Early Retirement Now website/blog - here The Michael Kitces website/blog - here Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

Summary of the December 29, 2023 The Wall Street Journa l article, To Lower Your Taxes in 2024, Make These Moves Now. The article gives a handful of tips on how to reduce your taxes (not actually just in 2024; the tips in the article can apply to ANY year) Links in this episode: Tenon Financial monthly e-newsletter - Retirement Planning Insights Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com Retirement Planning Education podcast Episode 27 about MAGI & AGI Retirement Planning Education podcast Episode 71 about the capital gain exclusion on selling your primary residence Retirement Planning Education podcast Episode 75 about Qualified Charitable Distributions ("QCDs") Retirement Planning Education YouTube video about Estimated Taxes, Tax Withholdings and Underpayment Penalties…
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Retirement Planning Education, with Andy Panko

1 Retirement Planning Education is coming back! 11:13
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You read that right...the Retirement Planning Education podcast is BACK! :-) New weekly episodes will begin Thursday, January 4th 2024. Be there or be square. Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com Retirement Planning Insights newsletter - www.TenonFinancial.com/newsletter…
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Retirement Planning Education, with Andy Panko

1 Retirement Planning Education is going on hiatus 3:25
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Retirement Planning Education is going on hiatus. But hopefully I'll be back at making episodes again in the not too distant future! -Andy Links in this episode: The Retirement & IRA Show - https://www.theretirementandirashow.com/ Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com My company newsletter - https://tenonfinancial.com/newsletter…
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Retirement Planning Education, with Andy Panko

1 #079 – The non-financial or “softer” side of retirement planning, with Kevin Lyles (Part 2 of 2) 30:57
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Part 2 of 2 of my discussion with retirement coach Kevin Lyles where he shares his knowledge of planning for the “softer” side of retirement readiness through discussions about having meaning, purpose, fulfillment, etc. (original recording was from January 13 2021) Links in this episode: The Rock Retirement Club - www.RockRetirementClub.com Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #078 – The non-financial or “softer” side of retirement planning, with Kevin Lyles (Part 1 of 2) 43:28
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Part 1 of 2 of my discussion with retirement coach Kevin Lyles where he shares his knowledge of planning for the “softer” side of retirement through discussions about meaning, purpose, fulfillment, etc. (original recording was from January 13 2021) Links in this episode: The Rock Retirement Club - www.RockRetirementClub.com Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #077 - Understanding cash value life insurance and how it's sold, with Kevin Lao 1:02:14
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Andy and Kevin Lao from Imagine Financial Security discuss when cash value (aka permanent) life insurance may be appropriate, and what to know about the sales processes around such products Links in this episode: Kevin's firm, Imagine Financial Security - https://imaginefinancialsecurity.com/ Kevin's podcast, the "Planning for Retirement Podcast" - https://imaginefinancialsecurity.com/planning-for-retirement-podcast/…
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Retirement Planning Education, with Andy Panko

1 #076 - What exactly is "Financial Planning?" 34:57
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Explanation of what financial planning is (and isn't) Links in this episode: www.adviceonlynetwork.com www.napfa.org www.feeonlynetwork.com www.garrettplanningnetwork.com www.xyplanningnetwork.com Retirement Planning Education podcast episode #015 - What do all of the letters mean after financial advisors' names Retirement Planning Education podcast episode #053 - What is tax planning Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #075 - Qualified Charitable Distributions ("QCDs") 33:45
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Explanation of what Qualified Charitable Distributions ("QCDs") are and why they're the most tax-efficient way to donate cash Links in this episode: Retirement Planning Education podcast episode #051 - Introductory overview of the federal income tax system Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #074 - How to break up with your financial advisor 41:12
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Explanation of the process for how to part ways with your financial advisor Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #073 - What does it actually mean to be a "fiduciary," and does it matter? 46:04
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Explanation of what it means to be a fiduciary and why that term has become a marketing buzzword Links in this episode: Boomer Benefits website - https://www.BoomerBenefits.com FINRA BrokerCheck - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #072 - The benefit of "step up in basis" 31:46
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Explanation of "step up in basis" and how it can make unrealized taxable gains magically disappear when leaving property to heirs Links in this episode: Boomer Benefits Facebook group page - https://www.facebook.com/groups/508122746351903 Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #071 - Understanding the $250k or $500k gain exclusion on selling your primary residence 35:19
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Summary of the "Section 121" exclusion of up to $500k of gain on selling your primary residence Links in this episode: Boomer Benefits website - https://www.BoomerBenefits.com IRS Publication 523 - here My podcast about the Net Investment Income Tax - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #070 - Q&A edition...dividend reinvestment, gifting stocks, Social Security survivor benefits and MORE! 33:01
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Listener Q&A where Andy talks about: Whether or not to reinvest dividends when in retirement Capital gain exclusion when selling a primary residence, and the "step up in basis" when leaving a primary residence to heirs How the Social Security "earnings test" impacts benefits when under Full Retirement Age and still working How to amend a tax return Considerations when gifting stock that has appreciated in value Links in this episode: Boomer Benefits Facebook group page - https://www.facebook.com/groups/508122746351903 My podcast episode about the 4% Rule - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #069 - Highlights of the 2023 Social Security Trustees Report 31:35
31:35
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Summary of the key takeaways from the 2023 Social Security Trustees Report Links in this episode: Boomer Benefits website - https://www.BoomerBenefits.com SSA press release about the 2023 Trustees report, with link to the full report - https://www.ssa.gov/news/press/releases/2023/#3-2023-3 Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #068 - What happens to my investments if my broker goes under? 27:52
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Explanation of what happens to investments when a broker fails, and why that is a very different (and generally better) scenario for clients than a bank failing Links in this episode: Boomer Benefits Facebook group page - https://www.facebook.com/groups/508122746351903 Schwab's CEO, Walt Bettinger, on CNBC - https://www.aboutschwab.com/walt-bettinger-on-financial-stability Charles Schwab and Walt Bettinger's industry perspective - https://www.aboutschwab.com/updated-our-most-recent-perspective-on-industry-events Rob Berger's YouTube video about brokerage failures - https://youtu.be/wz64z1YuL0A Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #067 - Why are banks failing and should we be concerned about more failures? 42:09
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Discussion of the basics of the U.S.'s monetary and banking systems, and why there have recently been multiple bank failures. And, should we be concerned about the broader banking system and more failures going forward? Links in this episode: Boomer Benefits website - https://www.BoomerBenefits.com FDIC Electronic Deposit Insurance Estimator ("EDIE") calculator - https://edie.fdic.gov/calculator.html Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #066 - Common tax forms retirees get at tax return time 40:38
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Summary of the various tax forms retirees are likely to receive at tax return time. Discusses 1099s, 5498's, 1095's and more! Links in this episode: Boomer Benefits Facebook group - https://www.facebook.com/groups/BoomerBenefits Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #065 - 7 Social Security myths, with Devin Carroll (Part 2 of 2) 36:28
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Part 2 of 2 of my discussion with Social Security expert, Devin Carroll, where he debunks 7 common Social Security myths (original recording was from December 2020) Links in this episode: Devin's YouTube channel - https://www.youtube.com/@DevinCarroll Devin's blog - https://www.socialsecurityintelligence.com/ Devin's Facebook group - https://www.facebook.com/groups/428684237572614 Devin's book - The Hero's Penalty Devin's book - Social Security Basics Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #064 - 7 Social Security myths, with Devin Carroll (Part 1 of 2) 39:30
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Part 1 of 2 of my discussion with Social Security expert, Devin Carroll, where he debunks 7 common Social Security myths (original recording was from December 2020) Links in this episode: Devin's YouTube channel - https://www.youtube.com/@DevinCarroll Devin's blog - https://www.socialsecurityintelligence.com/ Devin's Facebook group - https://www.facebook.com/groups/428684237572614 Devin's book - The Hero's Penalty Devin's book - Social Security Basics Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #063 - Q&A edition...401(k)s & Highly Compensated Employees, interest rates & Social Security, inherited 401(k) distributions and MORE! 47:12
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Listener Q&A where Andy talks about: When Highly Compensated Employees may need to retroactively have some of their 401(k) contributions removed How changes in interest rates and inflation impact Social Security benefits Required Minimum Distributions (“RMDs”) from a 401(k) inherited in 2006 The difference in income taxation between revocable and irrevocable trusts Pros and cons of target retirement date mutual funds His thoughts on a career changer entering the retirement and tax planning field Links in this episode: My YouTube video - Calculating your Social Security Primary Insurance Amount Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #062 - Introduction to Investing (Part 6 of 6) - Creating and managing your portfolio 1:10:09
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Part 6 of 6 of a multi-part series on an introduction to investing. In this episode, Andy talks about how to create and manage your portfolio including what to consider when picking an asset allocation, how often to rebalance and how to do tax-efficient asset "location" Links in this episode: My YouTube video - What is Sequence of Returns Risk My YouTube video - How to Optimize Asset Location Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #061 - Introduction to Investing (Part 5 of 6) - Cash and alternative investments 40:44
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Part 5 of 6 of a multi-part series on an introduction to investing. In this episode Andy talks about the various places in which cash can be invested, as well gives a summary of multiple types of "alternative" investments such as real estate, commodities, hedge funds, interval funds and insurance products Links in this episode: My Podcast episode - What is a LIRP, or Life Insurance Retirement Plan The first of my three Podcast episodes about Annuities - here My YouTube video What is Cryptocurrency, with Zechariah Schaefer Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #060 - Introduction to Investing (Part 4 of 6) - All about mutual funds and exchange traded funds ("ETFs") 56:27
56:27
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Đã thích56:27
Part 4 of 6 of a multi-part series on an introduction to investing. In this episode Andy talks about mutual funds and exchange traded funds ("ETFs"); what they are, what strategies they use, how to trade them, how they're valued, tax considerations, etc. Links in this episode: My YouTube video What are Mutual Fund Capital Gain Distributions Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #059 - Introduction to Investing (Part 3 of 6) - All about bonds 1:15:26
1:15:26
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Đã thích1:15:26
Part 3 of 6 of a multi-part series on an introduction to investing. In this episode Andy talks about bonds; what they are, how to trade them, how to value them, what makes their prices change, what terminology to know, etc. Links in this episode: My YouTube video about Bonds, Bond Prices and Bond Yields Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #058 - Introduction to Investing (Part 2 of 6) - All about stocks 1:17:00
1:17:00
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Đã thích1:17:00
Part 2 of 6 of a multi-part series on an introduction to investing. In this episode Andy talks about stocks; what they are, how to buy and sell them, how to value them, what terminology to know, etc. Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #057 - Introduction to Investing (Part 1 of 6) - Background considerations and explanation of account types 55:48
55:48
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Đã thích55:48
Part 1 of 6 of an introduction to investing. This episode talks about some background considerations to investing, such as risk-reward trade off and the concepts of risk tolerance & capacity, and also gives an overview of the different types of investment accounts such as brokerage accounts, IRAs, 401(k)s, etc. Links in this episode: My YouTube video about Asset Location - here My podcast episode #8 about Roth IRA withdrawal rules - here My YouTube video about Roth IRA withdrawal rules - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com The IUL Experiment website - www.TheIULexperiment.com…
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Retirement Planning Education, with Andy Panko

1 #056 - New RMD rules and other retirement planning changes in SECURE 2.0 Act of 2022 47:22
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Đã thích47:22
Summary of the provisions of the recently enacted SECURE 2.0 Act of 2022 legislation that are most likely to impact you and your retirement planning Links in this episode: Full text of SECURE 2.0 Act of 2022 (starts on page 817) - here Jeffrey Levine's awesome summary of SECURE 2.0 - here The U.S. Senate's formal summary of each provision of SECURE 2.0 - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Retirement Planning Education website - www.RetirementPlanningEducation.com…
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Retirement Planning Education, with Andy Panko

1 #055 - Financial planning and divorce, with Amy Colton (Part 2 of 2) 30:38
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Đã thích30:38
Part 2 of 2 of my discussion with Amy Colton, MBA, CDFA, founder of Your Divorce Made Simple, to talk about financial planning considerations specific to divorce (original recording was from November 2021) Links in this episode: Amy's website - www.YourDivorceMadeSimple.com Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights…
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