#415 - Is Cryptocurrency a Good Investment for My Retirement?
#415 - Is Cryptocurrency a Good Investment for My Retirement?

Do you own any cryptocurrency? First introduced in 2009, Bitcoin and other cryptocurrencies have exploded in popularity over the past few years.

On this episode of Retirement Answer Man, we’ll discuss what cryptocurrency is, how it is revolutionizing the banking system and the drawbacks of this new type of currency. Listen in to learn whether you should add a bit of crypto to your retirement portfolio and you’ll also hear the answers to listener questions about IRA contributions and IRMAA surcharges.

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PodcastsRoger Whitneycryptocurrency, investing, ACA, IRMAA
#414 - How Will I Estimate What My RMD Will Be at Age 72?
#414 - How Will I Estimate What My RMD Will Be at Age 72?

Do you have a system for estimating what your future RMDs will be? Should you keep a mortgage or pay off the balance of your house in retirement? What should you do with the money that you withdraw to fill up your tax bracket? These are just a few of the questions that will be answered on this episode of Retirement Answer Man. Press play to check it out!

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PodcastsRoger WhitneyRMD, tax brackets, IRA, mortgage, 401k
#413 - Are I-Bonds a Smart Investment for My Retirement Portfolio?
#413 - Are I-Bonds a Smart Investment for My Retirement Portfolio?

Do you have a net worth statement that you update regularly? Whether or not you do, you’ll want to learn about the psychological benefits that this exercise can create. In this episode of The Retirement Answer Man show, we’ll discuss what a net worth statement is and how you can gain from creating one regularly.

You’ll also hear several listener questions that range from inherited IRAs to I-bonds, to SPIA annuities. If you are interested in rocking retirement, you’ll need to arm yourself with the knowledge to help you navigate this change in life. Listen in to get started on your retirement education journey.

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PodcastsRoger Whitneyinvestment portfolio, net worth statement, I-bonds, SPIA, IRA
#412 - What Is a Retirement Plan of Record?
#412 - What Is a Retirement Plan of Record?

You have probably heard me refer to a retirement plan of record in the past few episodes, but you may be wondering what exactly this is. I have had several listeners reach out and ask me to define this term, so in addition to hearing listener questions, today you’ll learn exactly what a retirement plan of record is and how it can help you plan your retirement. Press play to check it out.

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PodcastsRoger WhitneyRetirement plan of record, retirement planning, tax brackets, medicare, IRMAA, social security
#411 - Overcoming Frugality
#411 - Overcoming Frugality

Rocking retirement doesn’t mean getting your Roth conversions right, it means minimizing your regrets. At the end of your life, you don’t want to think “yay, I paid fewer taxes!” you want to think “wow, my life was awesome!” Overcoming the frugality that stems from a lifetime of saving is one way to live a life free of regret in retirement.

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PodcastsRoger Whitneyovercoming frugality, mortgage, Retirement plan of record, COLA, social security, inherited IRA
#410 - The Mechanics of Decumulation
#410 - The Mechanics of Decumulation

How do you pivot from a moderately aggressive portfolio in the accumulation stage of retirement planning to the decumulation stage? In today’s episode, we tackle two listener questions about the mechanics of decumulation in retirement planning. You’ll also hear a question about using QLACs to reduce RMDs. If you are wondering about the details on how exactly you are going to make this retirement thing work then be sure to press play.

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PodcastsRoger Whitneydecumulation, QLAC, taxes
#409 - Reflections on the Retirement Scene
#409 - Reflections on the Retirement Scene

We often have monthly themes to guide the topics of this show, but this month on Retirement Answer Man we are doing a bit of a mishmash. Today I want to share some thoughts I had on retirement in general and answer a few retirement questions. As you listen, think about which topics apply to you and your situation and see if you can come up with actions that can get you closer to your retirement goals.

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PodcastsRoger Whitneyretirement reflections, frugality, overcoming frugality, feasible, resilient, optimized, retirement planning
#408 - Listener Questions: Which Account Should I Withdraw from to Fill Up My Tax Bracket?
#408 - Listener Questions: Which Account Should I Withdraw from to Fill Up My Tax Bracket?

Ever since listeners enjoyed our Retirement Tax Management series with Andy Panko we have received an influx of questions surrounding taxes. I’ll answer several questions today about filling up your tax buckets.

I’ll also respond to queries about planning when to take Social Security when you will have excess RMDs and how to incorporate balanced funds into your asset allocation. Don’t miss this episode if you still have burning tax questions left over from last month’s series on retirement tax management.

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PodcastsRoger Whitneylistener questions, overcoming frugality, social security, tax brackets, RMD
#407 - Retirement Planning Guidebook with Wade Pfau
#407 - Retirement Planning Guidebook with Wade Pfau

Do you wish you could find a comprehensive guidebook to help you plan your retirement? If so, you won’t want to miss this interview with Dr. Wade Pfau. Wade is the founder of the Retirement Researcher website and a retirement income professor at the American College. He is also the author of several books and his newest, the Retirement Planning Guidebook, was recently published. This book is the most detailed retirement guide that you will find, so don’t miss out on this interview to hear what to expect from Wade’s guidebook.

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PodcastsRoger Whitneyretirement planning guidebook, Wade Pfau, taxes, social security
#406 - What the Happiest Retirees Know with Wes Moss
#406 - What the Happiest Retirees Know with Wes Moss

Do you understand what you need to do to build a happy retirement? My guest today has studied the data to tell the story of happy retirees in his new book, What the Happiest Retirees Know. Wes Moss is not only an author of multiple books, he is the host of the live radio show, Money Matters, and the Retire Sooner podcast. Learn the habits to develop now to create a happy retirement by listening to this interview with Wes Moss.

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PodcastsRoger Whitneyhappiness, Wes Moss, healthy habits
#405 - Listener Questions: Don’t Let Perfect Be the Enemy of Good
#405 - Listener Questions: Don’t Let Perfect Be the Enemy of Good

Do you let perfection get in the way of progress? Trying to reach perfection could prevent you from reaching your goals. Retirement coach, BW joins me to discuss forward movement and setting realistic goals.

In this episode, you’ll also hear listener questions about claiming spousal Social Security, preparing for retirement after divorce, and annoying financial surprises. You won’t want to miss the differing points of view on benefit protections, so make sure to listen until the end.

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PodcastsRoger Whitneylistener questions, divorce, social security
#404 - Retirement Tax Management: How to Incorporate into Your Retirement Plan
#404 - Retirement Tax Management: How to Incorporate into Your Retirement Plan

Over the past several episodes you have learned so much about tax planning in retirement. You learned why tax planning is important, all about the hidden tax bombs, and tools that you can use to defuse those tax bombs. Now it’s time to incorporate all of this newfound knowledge into your retirement plan.

Andy Panko from Tenon Financial joins me once again to discuss how to incorporate tax planning into your retirement plan. Press play to hear how you can create a retirement plan that incorporates tax planning.

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PodcastsRoger Whitneyretirement tax management, taxes, Andy Panko, retirement planning, Retirement plan of record
#403 - Listener Questions: I have Roth Conversion Questions!
#403 - Listener Questions: I have Roth Conversion Questions!

Roth conversions, HSAs, pension choices, risk management: these are the topics of today’s listener questions.

Susan, Gina, IM, and Daniel all submitted their questions to me via RogerWhitney.com/AskRoger and you can too! If you have any retirement questions, or even if you simply want to leave a comment about the show, click on the link to present your question.

Whether you are looking to learn more about HSAs, Roth conversions, or evaluate your pension choices, listening to other listeners’ questions can help you learn how to frame your own questions and consider your options by always keeping your goals in mind.

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PodcastsRoger Whitneylistener questions, Roth, HSA, pension, risk management
#402 - Retirement Tax Management: The Tax Toolbox
#402 - Retirement Tax Management: The Tax Toolbox

Are you worried that you won’t be able to live the life of your dreams in retirement? This is one of the main issues facing many people on the cusp of retirement. That’s why I created the Retirement Answer Man Show. I want to help you find the confidence to truly rock retirement.

One way that you can become more confident in your retirement plan is by utilizing the tax planning tools that are available to you. Andy Panko from Tenon Financial is here to help you identify all the tools available in your tax toolbox. Press play to open up your tax toolbox and see what is inside.

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PodcastsRoger Whitneyretirement tax management, taxes, Andy Panko, tax brackets, Roth, donation, QCD
#401 - Listener Questions: Is an Immediate Annuity a Good Option for Me?
#401 - Listener Questions: Is an Immediate Annuity a Good Option for Me?

Do you feel like you are late to the ball game in saving for retirement? Have you ever wondered if an annuity could take some of the stress out of writing your own retirement paycheck? Are you trying to figure out the best way to self-fund long-term care for you or your spouse?

All of these questions come directly from listeners like you. If you have questions about retirement, Fridays are a great time to tune in. We are now releasing 2 episodes a week: one focused on the monthly theme and the other focused on listener questions.

If you have a query of your own question head on over to RogerWhitney.com/AskRoger to submit your retirement questions.

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PodcastsRoger Whitneylistener questions, HSA, maximize retirement savings, SPIA, 401k, annuites
#400 - Retirement Tax Management: Hidden Tax Bombs
#400 - Retirement Tax Management: Hidden Tax Bombs

Have you been incorporating tax management into your retirement plan? If you have, you won’t want to miss this series, and if you haven’t, you definitely won’t want to miss this series.

Last week we set the stage for this retirement tax planning series when we discussed how planning for taxes can work within your retirement plan. This week we’ll make you aware of the hidden tax bombs that could wreck your retirement plan. In next week’s episode, we’ll learn which tools you can use to defuse those tax bombs, and then in the last week of this series, we’ll learn how to integrate those tax tools into your retirement plan.

My goal is to give you an organized way to incorporate tax planning into your overall retirement plan which is why I have invited retirement tax expert Andy Panko from Tenon Financial to join me to discuss the nuances of retirement tax planning. If you are ready to learn about the hidden tax bombs that are awaiting you in retirement then press play now.

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PodcastsRoger Whitneyretirement tax management, Andy Panko, social security, ACA, RMD, IRMAA, NIIT
#398 - Retirement Tax Management: Why It’s Important
#398 - Retirement Tax Management: Why It’s Important

Tax planning in retirement isn’t the same as in your working years. This is why we are dedicating an entire series to helping you understand how to manage your taxes in retirement. To help me navigate this complicated topic, I’ve invited retirement tax expert Andy Panko to join me for the whole month-long program.

Over the course of this series, you’ll learn why tax planning is important in retirement, which tax land mines to look out for, what tools to include in your tax toolbox, and how to integrate tax planning into your retirement plan. Are you ready to dive deep into retirement tax planning? Press play now to learn why tax planning in retirement is so important.

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PodcastsRoger Whitneyretirement tax management, AGI, Andy Panko
#397 - Retirement Planning for Non-Planners: 5 Things to Track During Retirement
#397 - Retirement Planning for Non-Planners: 5 Things to Track During Retirement

If you are the non-planning type, it can be easy to worry about whether your retirement plan is on track. How are you supposed to know what is going on and whether you should have the confidence to know if your plan is working?

On this episode of Retirement Answer Man, you’ll learn 5 things that you can check periodically to give you an idea if your retirement plan is on the right track. If you are wondering how to investigate whether or not your retirement plan is on track, then make sure to listen to this episode to learn what you need to know.

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PodcastsRoger Whitneynon-planners, retirement planning for non-planners, confidence, needs, Kevin Lyles
#396 - Retirement Planning for Non-Planners: Investment Basics
#396 - Retirement Planning for Non-Planners: Investment Basics

As the non-planner of your family, you may not be interested in all the nitty-gritty details of retirement investments, but it is important to know the basics. That’s why today we will cover the main concepts about investing your assets. Hopefully, my nutrition analogy will help make these financial concepts more understandable. Press play to hear what you need to know about investment basics for the non-planner.

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PodcastsRoger Whitneynon-planners, retirement planning for non-planners, investing, social security