One Big Beautiful Podcast Episode

There is a lot to cover in this episode, including new legislation that could impact your retirement. Plus, 6 More Retirement Financial Myths to Avoid, and a listener with substantial assets who wants to know how to pay for a new car. The OBBB The One Big Beautiful Bill became public law on July 4, 2025. Included are: Lower Tax Brackets Are Now Permanent 
Larger Standard Deduction New Senior Bonus Deduction (2025–2028)
 Above-the-Line Charitable Deduction (2026–2028)
 Expanded SALT Deduction
 ACA Subsidy Planning Alert
 New Car Deduction 
 If you're a client of ours - we'll go into these changes in detail during our year-end appointments. If you really like the numbers, we'll do a before & after to calculate your specific tax savings impacted by these changes.  Article: 6 More Retirement Financial Myths to Avoid This article by Sheryl Rowling from Morningstar addresses these six myths: You Should Never Make a Big Splurge in Retirement 2. It's Best to Give to Charity After You Die  3. Spending Less Is Always Better 4. You Must Pay Off Your Mortgage Before Retiring 5. Reverse Mortgages Are a Last Resort 6. Your Biggest Financial Risk Is a Market Crash Resource:6 More Retirement Financial Myths to Avoid by Sheryl Rowling   Connect with Benjamin Brandt Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter Work with Benjamin: https://retirementstartstoday.com/start   Follow Retirement Starts Today in:Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, or iHeart  Get the book!Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement