Just Don't Lose The Money Podcast

Navigating retirement can be complex, particularly when it comes to managing your 401k. This episode of "Just Don't Lose the Money" delves into the pros and cons of leaving your money in a former employer's plan versus rolling it into a personal IRA. Learn about common mistakes, tax implications, and how to make informed decisions to ensure your savings last throughout your retirement years.

In this episode, Sam Lang discusses the critical aspects of retirement planning, focusing on the importance of creating a reliable income stream, understanding withdrawal strategies, and the role of annuities in securing financial stability. The conversation emphasizes the need for a comprehensive retirement plan that addresses individual income gaps and prepares for market volatility, ensuring a secure and enjoyable retirement.

In this episode Sam Lang discusses the multifaceted aspects of retirement planning, emphasizing the importance of both financial and emotional preparation. He explores common fears associated with retirement, such as running out of money, health care costs, and the desire to leave an inheritance. The conversation highlights the need for comprehensive planning that includes income needs, health care strategies, and estate planning to ensure a fulfilling retirement experience.

In this episode of the 365 Retirement Podcast, Ryan discusses the importance of tax planning in retirement, focusing on Roth conversions and their benefits. He explains how individuals can strategically convert their 401k funds to Roth IRAs to minimize tax liabilities and improve their long-term financial situation. The conversation also covers the implications of Required Minimum Distributions (RMDs) and how they can affect overall tax efficiency and social security benefits. Ryan emphasizes the need for proactive planning and the potential advantages of starting these discussions early in the retirement process.To learn more about how Ryan and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

In this episode of the 365 Retirement Podcast, Randy Cook and Ryan Marston discuss the essential aspects of retirement planning. They explore the common concerns individuals face as they approach retirement, including financial security, income planning, and the impact of economic changes. Ryan emphasizes the importance of addressing worries and creating a solid plan to ensure a comfortable retirement. The conversation highlights the need for a comprehensive approach to retirement planning, focusing on income needs, expenses, and the ability to adapt to changing circumstances.To learn more about how Ryan and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

In this episode of the 365 Retirement Podcast, Ryan Marston discusses the critical aspects of retirement planning, focusing on the necessity of having a solid income plan. He highlights the challenges many face in transitioning from earning a paycheck to generating income in retirement. The conversation delves into various income sources, including annuities and investment strategies, and emphasizes the importance of working with a financial advisor who specializes in retirement planning. The episode also touches on current market trends and the growing interest in annuities among baby boomers seeking reliable income streams.To learn more about how Ryan and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Sam Liang of Rubino and Liang Wealth Partners discusses the concept of lifestyle inflation, emphasizing the importance of saving and investing wisely as one approaches retirement. Sam highlights strategies for determining retirement needs and the value of professional guidance in navigating the complexities of retirement finances.To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Sam Liang of Rubino & Liang Wealth Partners discusses the critical aspects of retirement planning, emphasizing the importance of preparing for a long retirement and ensuring a steady income stream. Sam explores the shift from traditional pensions to personal retirement savings and the need for customized financial strategies. To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

John Conley of Rubino & Liang Wealth Partners discusses the common concerns individuals face as they approach retirement, particularly focusing on the implications of 401(k) and IRA accounts. He delves into the concept of tax deferral and the potential pitfalls of required minimum distributions (RMDs) that can push retirees into higher tax brackets. The conversation highlights the benefits of Roth conversions as a strategy to mitigate future tax liabilities and emphasizes the importance of proactive financial planning in light of changing tax laws and personal circumstances.To learn more about how John and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Recently, Tupperware had to file for bankruptcy because they didn't evolve their business model. Similarly, if your retirement plan doesn't adapt to Market changes or personal life events, you run the risk of not having the retirement that you hoped for. John Conley highlights why having a financial advisor can help you make the crucial adjustments to keep your retirement plan on track.To learn more about how John and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

John Conley of Rubino & Liang Wealth Partners discusses essential aspects of retirement planning, including the average retirement age, key factors for retiring early, understanding retirement expenses, and the importance of having a solid retirement plan. He emphasizes the need for multiple income streams, managing debt, and practicing a retirement budget to ensure financial stability in retirement.To learn more about how John and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Ryan Marston discusses the importance of year-end financial planning, emphasizing the need for individuals to meet with their financial advisors to review their financial situation, particularly as the year comes to a close. Key topics include tax strategies, investment adjustments, charitable contributions, and the evolving needs for insurance as one approaches retirement. Ryan highlights the significance of proactive financial management to ensure a secure retirement.To learn more about how Ryan and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Sam Liang discusses the importance of using data in retirement planning instead of relying on gut feelings and emotions, drawing parallels to the movie Moneyball, where data-driven decisions led to success in baseball. Sam shares a story about using data to make successful bets in Las Vegas. He emphasizes the value of data in retirement planning, including factors like spending, inflation, and investment growth. To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Sam Liang of Rubino & Liang Wealth Partners discusses the possibility of a recession and 5 key steps you can take to prepare for it.To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

People who use financial advisors tend to retire earlier than those who go it alone. What does a financial advisor bring that gives people the confidence to walk away from that employer paycheck and walk into retirement?To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

The stock market has had some wild swings recently. John Conley breaks it down. Why is this happening? Should it worry you? Are there financial moves you should be making with your retirement money?To learn more about how John and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Ryan Marston discusses the importance of tax and estate planning in retirement. He highlights a case where a man made a tax mistake by giving his daughter an IRA and the Salvation Army a brokerage account. Ryan explains the tax consequences for both parties and emphasizes the need for proper advice and planning. He also touches on the importance of protecting assets and creating an efficient plan for passing them on to heirs. To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Sam Liang discusses the importance of planning for a long retirement and the various factors to consider. He highlights the need to prioritize health and wellness, including eating well and staying fit. Sam also emphasizes the significance of long-term care planning and the potential financial impact it can have. He stresses the importance of having a backup plan and a good support system in place. Sam also discusses the value of staying engaged and active during retirement and the role of relationships in overall well-being.To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Sam Liang of Rubino and Liang Wealth Partners discusses the importance of preparing for retirement and the concerns that people have about this phase of life. He emphasizes the need to have a comprehensive retirement plan that takes into account factors like stock market volatility and inflation. Liang also highlights the importance of considering future expenses and building in a raise to account for inflation. He encourages listeners to have a plan in place to avoid any regrets or financial stress in retirement.To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Many retirees are afraid to spend their savings and feel like they don't have permission to do so. Studies show that only 52% of people feel like they can spend their money. It's important for retirees to give themselves permission to spend and enjoy their retirement. Having a retirement plan that replaces the paycheck and provides a clear income strategy can give retirees the confidence to spend. Building a budget and understanding monthly expenses can help retirees visualize their spending and plan for the future. Having a team of financial professionals to monitor progress and provide reassurance is also important.To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

How much do you need to retire? John Conley discusses the importance of income in retirement and how to determine how much is needed, emphasizing that everyone's retirement needs are different and depend on individual circumstances, such as retirement date, income streams, and goals. John suggests working backwards from the desired lifestyle and expenses to determine the necessary income, highlighting the need to consider factors like taxes, inflation, and unexpected expenses. To learn more about how John and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

John Conley discusses the process of determining the right age to take Social security. The decision of when to start receiving Social Security benefits is complex and depends on various factors such as life expectancy, individual circumstances, and potential benefits for spouses. Understanding the break-even comparison and considering factors like tax consequences and provisional income is crucial in making an informed decision about when to start receiving Social Security benefits.To learn more about how John Conley and the team at Rubino Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

It is interesting that the IRS relies on YOU to figure out what you should be paying in taxes. Do you know that you aren’t overpaying every year? Do you have a tax strategy for retirement? Ryan Marston talks through the details. To learn more about how Ryan and the team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

If you are looking at retiring in your early 60s and thinking that is early retirement, you might be shocked. Most people are out of the workforce by age 64, but that does bring up some financial challenges. Ryan Marston joins the podcast to discuss.To learn more about how Sam Liang and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

It's often forgot about by people getting ready for retirement: Taxes. Sam Liang talks about why it's crucial to have a tax plan in retirement and why it may make sense to convert some of your pre-tax 401(k) money to a Roth IRA as you near retirement. To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Sam Liang discusses the 365 Retirement Plan process and how working with a skilled team of retirement planners can help navigate through the muddy waters of a volatile retirement landscape.To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Overall, the market has had a run that has brought good returns for 401(k)s and IRAs over the last decade. But what happens when that stops? Can your retirement handle a large market decline? Sam Liang discusses the importance of protecting your retirement savings from a potential market decline.To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.

Ben Shapiro is a political commentator with plenty of opinions. But it's what he recently said about retirement that has ruffled a lot of feathers. Sam Liang breaks down Ben's comments and why retirement is in fact, NOT stupid.To learn more about how Sam and his team can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.