The Retirement Nerds

Social Security break-even age — it sounds simple, but most people calculate it wrong. In this episode, Erik Soderborg sits down with Zacc Call, president of Capita Financial Network, for Part 3 of our 4-part Social Security series. We walk through how to actually calculate your Social Security break-even age and break down the 3 most common mistakes that lead to an inaccurate number — and potentially a bad filing decision.We cover why ignoring the Cost of Living Adjustment (COLA) skews your break-even, why Social Security filing needs to be a team decision with your spouse, and why you can't ignore the investment growth you'd get by leaving your portfolio untouched while delaying benefits.Whether you're 62 and deciding when to file or still a few years out, this episode gives you the framework to make a smarter, more informed decision.📌 Watch the full Social Security series:▸ Part 1: https://youtu.be/AZfxGBp-Mts▸ Part 2: https://youtu.be/Ssgulq9KwEU🔗 Want help building a retirement income plan that accounts for Social Security, taxes, and investments? Visit https://theretirementnerds.com/ to connect with our team.⏱️ Timestamps:0:00 Intro1:38 Break Even Basics5:13 Mistake #1: COLA6:52 Mistake #2: Team Sport9:18 Mistake #3: Growth on Growth17:37 Example 1: Same BD, Similar Benefits27:49 Life Expectancy Ideas29:59 Example 2: Different BD, Different Benefits40:33 Where to Get HelpCheck out our resources at https://TheRetirementNerds.com/Send me a [email protected] Sure to Subscribe to our Channel!YouTube: @theretirementnerds Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/==================================#SocialSecurity #BreakEvenAge #RetirementPlanning #WhenToFileSocialSecurity #SocialSecurityMistakes #RetirementIncome #theretirementnerds Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Are you getting every Social Security benefit you're entitled to?Most retirees only claim one — but there are actually four different types of benefits available depending on your situation.In this video, I sit down with Zacc Call, President of Capita Financial Network, to walk through what I call "The Social Security Menu" — every benefit option available to you in retirement.We cover:🔹 Your own retirement benefit (PIA) — how it's calculated and when to claim🔹 Spousal benefits — what you're entitled to based on your spouse's record🔹 Ex-spousal benefits — the rules most divorced retirees don't know about🔹 Survivor benefits — how this works and why the timing mattersWe break down the percentages, age requirements, filing rules, and common mistakes people make when choosing from the Social Security menu.SOCIAL SECURITY VIDEO SERIES:Episode 1: https://youtu.be/AZfxGBp-Mts📌 Timestamps:0:00 Intro1:53 The Menu2:50 Your Personal Benefit5:58 Spousal Benefits (Currently Married)12:39 Spousal Benefits (Divorced)19:42 Survivor Benefits24:22 Survivor with Remarriage32:29 Disability Benefits33:34 Medicare Implications35:06 More Help👉 Want help with your Social Security and retirement income strategy? Visit https://theretirementnerds.com📺 Subscribe for weekly retirement planning content:https://www.youtube.com/@Theretirementnerds#SocialSecurity #RetirementPlanning #SpousalBenefits #SurvivorBenefits #SocialSecurityBenefits #RetirementIncome #MedicarePlanning #FinancialPlanning #SocialSecurityTips #RetirementNerdsABOUT THIS CHANNEL:The Retirement Nerds simplifies Medicare, Social Security, financial planning, and estate planning so you can make informed decisions heading into retirement. No fluff. No sales pitches. Just the facts.Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/Federal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

💵 How is your Social Security benefit calculated? In Part 1 of our 4-part Social Security series, financial expert Zacc Call explains the Primary Insurance Amount (PIA) - the foundation of your Social Security retirement benefit - and reveals proven strategies to increase your monthly payment.Whether you're years away from claiming or approaching retirement, understanding how Social Security calculates your benefit is crucial to maximizing your lifetime income. This video breaks down the complex PIA formula into simple terms and shows you exactly what you can do to boost your monthly check.How to Set Up Your My Social Security Account:https://youtu.be/B5n4OwOoGTYOther Useful Videos:https://youtu.be/KXFqGra9qHIhttps://youtu.be/ZetbFdEqi2Ahttps://youtu.be/NxH2jHzZwFoCheck out our resources at https://TheRetirementNerds.com/Connect with Zacc's Team at Capita:CapitaFinancialNetwork.com=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro to this Episode1:08 The Calculation of AIME5:50 Bend Points9:42 How to Increase Your Benefits15:41 Working Part Time17:45 Working and Taking SS25:18 My SSA Account Resources26:52 When You File Matters32:00 Medicare Implications35:10 What's On The Menu36:55 Where to Get Help=============================#medicare #theretirementnerds #socialsecurity #retirementnerds #financeFederal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

How much does long-term care really cost — and how do you actually prepare for it? In this video, I sit down with Marc Glickman, President of BuddyIns, to break down everything you need to know about long-term care insurance — from how to get it, what it covers, and most importantly, how to actually use it when the time comes.With average long-term care costs running $6,400 per month or more, this is a conversation every retiree and pre-retiree needs to have. Marc shares his expert insight on navigating the process, avoiding common mistakes, and making sure your policy works for you — not against you.Website to get a quote or connect with Marc:https://partner.buddyins.com/retirementnerdsLong Term Care 101 Video: https://youtu.be/ytsdfesv_ukCheck out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro0:30 Employer Options3:18 Underwriting4:17 If You Leave Employer5:20 Premium Increases8:20 Under 65 vs Over 6510:30 How to Use a Policy13:20 Where to Get Care16:23 Beware Overinsurance22:15 Gender Implications24:07 Future of Care (Robots?)28:50 Where to get help=============================#medicare #theretirementnerds #socialsecurity #retirementnerds #finance #longtermcareplanning Federal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

💰 Considering an annuity for retirement income? Financial expert Zacc Call breaks down everything you need to know about annuities - how they work, the fees involved, pros and cons, and whether they're the right choice for YOUR retirement.If you've been approached by a financial advisor about purchasing an annuity, or you're exploring guaranteed income options for retirement, this interview will give you the honest facts you need to make an informed decision.Get the Annuity Guide shown in the video here:https://theretirementnerds.com/annuity-guide-download/Get the Financial Professionals Guide here:https://theretirementnerds.com/financial-professionals-guide/Financial Professionals Video:https://youtu.be/8uC1lgkZUWEHow to reach Zacc's Team:https://capitafinancialnetwork.com/Zacc's YouTube Channel:https://www.youtube.com/@ZaccMoneyEducation Your Best Financial Year Newsletter:https://www.capitafinancialnetwork.com/your-best-financial-year Check out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro0:25 Who should ignore annuities3:27 Who should consider annuities8:20 Different Categories of Annuities9:50 The Pension Annuity22:45 The Bond Imitator Annuity31:08 The Investment Portfolio Annuity42:28 The Downside Protector Annuity54:15 Account Value vs Income Value59:59 The Boxed-In Investor Annuity1:08:48 The Kitchen Sink Annuity1:16:10 How Salespeople are Compensated1:23:57 Deciding on Which1:32:51 Zacc's Plea1:33:33 Where to get help=============================#annuity #annuities #theretirementnerds #retirementnerds #financeDisclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Required Minimum Distributions can be one of the most confusing parts of retirement planning — and getting them wrong can lead to unnecessary taxes, missed opportunities, and costly mistakes.In this video, we discuss:• What Required Minimum Distributions are• When RMDs start• How RMDs are calculated• Common RMD mistakes retirees make• How RMDs affect taxes in retirement• Retirement planning strategies related to RMDsRELATED VIDEOS:https://youtu.be/aiv9eW8tizkhttps://youtu.be/yhT_MkMT2Ochttps://youtu.be/zjrbXScvmDACONNECTING WITH ZACC:Phone: 801-566-5058Email: [email protected]: CapitaFinancialNetwork.comYour Best Financial Year: https://www.capitafinancialnetwork.com/your-best-financial-year Subscribe to The Retirement Nerds for more videos on retirement planning, Medicare, Social Security, taxes, and financial decisions that matter in retirement.Check out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro1:16 RMD Definition2:35 Accounts Subject to RMDs3:35 Timelines5:19 How Do They Make You?12:37 Multiple IRAs and 401(k)s18:45 How RMDs Calculated21:50 Who Should Be Aware?28:19 How Scary Are RMDs?30:25 Suzy's Example41:40 Real Example: Paying off Home44:34 Cancer Example47:50 Inheritance Implications49:49 Big Age Gap Between Spouses52:02 Planning for RMDs58:34 Account Growth Outpacing RMDs1:01:10 QCD & DAF Clarifications1:05:14 Final Message About RMDs1:07:19 Question from the Comments1:10:56 Where to Get Help=============================#medicare #theretirementnerds #socialsecurity #retirementnerds #finance #RMDs #requiredminimumdistribution Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Do you know about the two Roth 5-year rules? If you don't, violating them could cost you thousands in penalties and taxes. RELATED VIDEOS:https://youtu.be/RODrPaJ-xNUhttps://youtu.be/9boiPwzOatsZACC'S CHANNEL:https://www.youtube.com/@ZaccMoneyEducationCAPITA FINANCIAL NETWORK LINKS:Email: [email protected]: https://capitafinancialnetwork.com/Your Best Financial Year Program: https://www.capitafinancialnetwork.com/your-best-financial-year✅ Topics covered:• The Forever 5-Year Rule• The 5-Year Penalty Rule• Examples• A framework to help you avoid these issuesCheck out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro0:23 The Two 5-Year Rules3:40 Rule #1 - The Forever 5 Year Rule7:59 Rule #2 - 5-Year Conversion Rule9:23 5 Examples9:53 Example 1 - George Dream Car15:06 Example 2 - Susan's Serger18:27 Example 3 - Richard's Cabin25:18 Example 4 - Jared's Urns29:54 Example 5 - Margo's Obsession43:30 Question from Viewer48:22 Where to Get Help=============================#investing #theretirementnerds #roth #rothvstraditional #retirementnerds #finance Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Talking to your parents about estate planning can feel uncomfortable… but waiting too long can create confusion, conflict, and costly mistakes.In this episode, Jim Burch talks about how to start the estate planning conversation with your parents — without causing tension or resistance. This conversation is essential for adult children, caregivers, and anyone navigating family financial planning.Contact Jim:[email protected] https://easylegalplanning.com/OTHER ESTATE PLANNING VIDEOS:https://youtu.be/nkFQmsdCW-Ihttps://youtu.be/GlF9z6jyMioSubscribe for more interviews about Medicare, financial planning, estate planning, retirement strategy, and real-life conversations that matter.Check out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 How to Start The Conversation4:01 What Benefits Can I Present?5:40 The Right People in the Right Seats7:28 Multiple Decision Makers9:37 Emotions vs Logic11:30 Guilt of Decisions12:58 Tips on Starting the Conversation14:35 Other Resources16:23 Where to Get Help=============================#medicare #theretirementnerds #socialsecurity #retirementnerds #finance #estateplanning #estateplan Disclaimer:This is not legal advice. Please consult with an estate planner around your specific situation.

If you want to know how to approach a mathematically sound roth conversion strategy, watch this video!Social Security Taxability Video:https://youtu.be/NxH2jHzZwFoGet the Free Social Security Taxability Worksheet Here:https://theretirementnerds.com/social-security-worksheet/Need help? Email [email protected] Visit our website: https://www.TheRetirementNerds.comJoin our newsletter:https://theretirementnerds.com/newsletter/=============================This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. =============================Send me a [email protected]⏰ TIME CODES ⏰0:00 Intro1:00 3 Steps to Do Roth Right3:25 Conversions vs Contributions5:13 Step 1: Model Out Taxable SS Income7:00 Step 2: Layer On Other Income8:01 Step 3: Understand Traditional, Roth, After Tax10:45 Starting the Analysis15:24 Understanding Extra Income Needs16:16 Serious Issues with Software17:35 Convert Nothing Idea29:48 Convert Everything Idea45:30 Pros & Cons of Convert Nothing and Everything52:03 Convert Something... how much?1:06:49 Pros & Cons of Converting Something1:09:24 Bringing it all together1:10:25 Question From The Internet1:16:24 Where to get help=============================#rothira #theretirementnerds #retirementnerds #rothvstraditional #retirement #retirementplanning #retirementinvesting #retirementadvice #retirementincome #finance #financialfreedom Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Most people know they should have an estate plan — yet millions never finish one. In this episode of The Retirement Nerds, I sit down with estate planning expert Jim Burch to break down the biggest hurdles that stop families from completing their estate plan — and how to overcome them.We talk through the most common barriers, including fear of cost, not knowing where to start, avoiding uncomfortable conversations, information overload, and the belief that you must immediately hire a lawyer. Jim explains why these concerns are so common and shares practical ways families can move forward with confidence.If you’ve been putting off your estate plan, this conversation will help you understand what’s actually holding you back — and how to finally get it done.How to Get A Hold of Jim:Website: EasyLegalPlanning.comEmail: [email protected] VIDEOS WITH JIM:https://youtu.be/nkFQmsdCW-Ihttps://youtu.be/jaKuNJsLSX4https://youtu.be/pr5sUzt5agwCheck out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro1:00 Costs4:48 Where to Start9:38 Afraid to Have the Conversation13:30 Good and Bad Information19:13 I Don't Want to Hire an Attorney21:30 Where to Get Help=============================#estateplan #estateplanning #willvstrust #theretirementnerds #socialsecurity Disclaimer:This is not legal advice. Consult with an estate planning expert for your specific needs.

If you want to help your children financially without triggering unnecessary taxes or IRS headaches, Daniel the CPA explains how to do this in the smartest, most tax-efficient ways.We cover the annual gift tax rules, common mistakes retirees make misunderstanding step up in basis, how gifts can impact your overall tax picture, and the strategies CPAs use to transfer wealth while minimizing taxes. If you’re thinking about helping your kids with a home, education, or everyday expenses, this interview will help you avoid costly errors.Daniel Astleford is a Certified Public Accountant (CPA) and runs his own accounting firm. HERE IS WHERE TO FIND DANIEL:Website: https://danielthecpa.com/LinkedIn: https://www.linkedin.com/in/daniel-astleford/OTHER VIDEO WITH DANIEL:https://youtu.be/G1Dc6gVv90gOTHER RELEVANT VIDEOS:https://youtu.be/zjrbXScvmDAhttps://youtu.be/nkFQmsdCW-IThe Retirement Nerds:⬜️ Join The Retirement Nerds circle here - https://theretirementnerds.com/⬜️ Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/⏱ Timestamps:00:00 Intro 01:30 Individual Annual Exclusion02:54 Tax on Funds Used as Gift06:09 Gifting Cash vs Other Assets09:39 Gifting Real Estate13:42 Education Expenses15:49 Medical Expenses16:34 The Death Tax20:50 Where to Get HelpPLEASE NOTE: This video is for education purposes only.It does not constitute legal or tax advice for your specific situation.

Estate Planning expert Jim Burch explains who doesn't need to worry about setting up a trust as well as the 5 benefits to setting up a trust for those who would consider this as part of their estate plan. Jim Burch is the owner of Easy Legal Planning. He is has been helping families put together their estate plans for over 20 years and you can reach him at EasyLegalPlanning.com or [email protected] He explains:▫️Who doesn't need a trust, but should still think about their plan▫️The 5 benefits of a trust vs a will▫️How to go about setting up a revocable living trust.Important Links:▫️Estate Planning 101 Videohttps://youtu.be/nkFQmsdCW-I⏱ Timestamps:00:00 Intro 00:15 Who Doesn't Need a Trust01:26 Trust vs Estate Plan1:52 Why A Trust Does Make Sense3:05 Avoiding Probate6:45 Privacy Concerns8:27 Control Over Estate12:45 Plan A, B, & C17:05 Organization and Ease20:22 Where to Get HelpThe Retirement Nerds:⬜️ Join The Retirement Nerds circle here - https://theretirementnerds.com/⬜️ Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/PLEASE NOTE: This video is for education purposes only.It does not constitute legal advice for your specific situation.

CPA and tax expert Daniel Astleford shares a simple story of a retiree who got spooked by the news and decided to pull all retirement investments. This triggered a steep and expensive tax bill for this individual who used the money and didn't share what they had done with their advisors. When the tax man came calling, they didn't have enough to cover their tax liabilities. Daniel Astleford is a Certified Public Accountant (CPA) and runs his own accounting firm. HERE IS WHERE TO FIND DANIEL:Website: https://danielthecpa.com/LinkedIn: https://www.linkedin.com/in/daniel-astleford/He explains:▫️Why listening to the wrong people can cost you thousands▫️Basic tax planning tips▫️How a tax professional can plan and help you keep more of your money▫️What working with a tax professional looks like.⏱ Timestamps:00:00 Intro 02:04 Building a Team Around You03:52 The Big Retirement Mistake06:38 The Tax Consequences11:36 It Could Have Been Reversed12:52 Silent Destruction of Finances15:40 Strategy 1: 3-Year Plan19:06 Strategy 2: 4-Year Plan21:32 When a CPA Makes Sense27:34 Where to Get HelpThe Retirement Nerds:Join The Retirement Nerds circle here - https://theretirementnerds.com/Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Daniel. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast.

Financial expert Zacc Call details how small, weekly financial checkpoints can completely transform your relationship with money and help you have Your Best Financial Year. Zacc Call is a financial advisor and the President of Capita Financial Network. He is an expert in financial and retirement planning. He and his team have produced a weekly task list covering 8 financial categories that act as simple checkpoints to ensure your finances are in order. He has his own YouTube channel called Zacc Call | Money Education.He explains:▫️Why financial conversations can feel so overwhelming▫️The "Your Best Financial Year" program and how it works▫️How small weekly habits can shape financial freedom▫️The hidden secret of overnight success. *hint* It's not overnight.HERE IS WHERE TO GO FOR "YOUR BEST FINANCIAL YEAR"https://www.capitafinancialnetwork.com/your-best-financial-yearImportant Links:▫️The 7 Prosperity Projects BOOK:https://amzn.to/4dvxWgA▫️The 7 Prosperity Projects VIDEO:https://youtu.be/voWbWZ9tu04▫️How small weekly habits can shape financial freedom▫️The hidden secret of overnight success. *hint* It's not overnight.⏱ Timestamps:00:00 Intro 00:28 My Best Financial Year: FOMO01:18 The "Your Best Financial Year" Program03:16 7 Prosperity Projects vs YBFY Program6:08 8 Components of Financial Planning10:14 How to Get It and The Cost13:01 Example: Estate Planning Tasks18:40 Example: Investment Balance Tasks23:50 Example: Cash Flow Management Tasks27:48 Where Your Focus Rests29:21 Why Does Zacc Do This?35:35 More Detailed Breakdown of The Program37:39 Starting This Program38:07 First 4 Weeks44:08 Your Turn to ShareFollow Zacc:YouTube - https://www.youtube.com/@ZaccMoneyEducationWebsite - https://www.capitafinancialnetwork.com/YBFY Weekly Newsletter Sign Up - https://www.capitafinancialnetwork.com/your-best-financial-yearThe Retirement Nerds:⬜️ Join The Retirement Nerds circle here - https://theretirementnerds.com/⬜️ Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Retirees need to keep both Tax Consequences AND Investment Preparation Strategies in mind when planning for a big purchase. There are tax-efficient and investment-efficient ways to make these purchases along with other implications like your future Medicare premiums to keep in mind. ⏰ TIME CODES ⏰0:00 Question from Joe0:25 What is a "Big" Purchase?1:55 Tax vs Investments3:48 Tax Strategy #1 9:31 Tax Strategy #2 11:04 IRA vs 401k Differences17:14 Tax Strategy #3 23:11 Tax Strategy #4 29:45 Tax Strategy #5 43:00 Tax Strategy #6 49:01 Medicare Implications51:50 Moving To Investment Prep53:55 Investment Prep #1 59:48 Investment Prep #2 1:03:50 Investment Prep #3 1:08:52 Important Other Resources1:12:15 Where to Get HelpOTHER VIDEOS REFERENCED IN THIS ONE:https://youtu.be/tlYcUx2a2G4https://youtu.be/NxH2jHzZwFohttps://youtu.be/Q82iDCI_lZghttps://youtu.be/RODrPaJ-xNUhttps://youtu.be/VHHNYdpVwrUhttps://youtu.be/flCDgSy25e0https://youtu.be/8uC1lgkZUWEZACC'S FINANCIAL CHANNEL:https://www.youtube.com/@ZaccMoneyEducationCheck out our resources at https://TheRetirementNerds.com/Reach Zacc and his team at: https://capitafinancialnetwork.com/=============================Send me a [email protected]==================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ==========Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/==================================#retiree #theretirementnerds #money #retirementnerds #financeDisclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

In this interview, I talk with the Director of the Idaho Department of Insurance - Dean Cameron - who is standing up to major Medicare Advantage insurance companies. These companies are eliminating commissions for Medicare agents and brokers, making it harder than ever for beneficiaries to get qualified, personalized help during the Annual Enrollment Period.Watch this video for more background on the problem:https://youtu.be/FpfTE-hsJagWe cover:• What insurance companies are doing to steer seniors• How this impacts retirees trying to choose a plan• What states like Idaho and others are doing to fight back• The growing concern about access and transparency in MedicareIf you're on Medicare or helping a loved one with coverage, this will help you stay informed and prepared. You deserve clear, unbiased guidance—not confusion and corporate greed.✅ Subscribe for more Medicare updates, retirement insights, and real talk from the experts who care.Check out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]=============================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds =============================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/=============================⏰ TIME CODES ⏰0:00 Dean Cameron0:38 Steering Issues In Medicare5:28 How Companies Bid Plans6:55 Unfair Practices9:40 Why it Matters for Seniors14:45 What States Are Getting Involved20:16 CMS' Intervention Wish List22:36 Carriers Strong-Arming Agents25:05 Does it Get Worse Next Year?27:19 Director Cameron's Ideal Outcome31:08 How You Can Help35:29 Director Cameron's Perspective=============================#medicare #theretirementnerds #cms #retirementnerdsFederal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

In this episode of The Retirement Nerds, Erik Soderborg and Zacc Call walk you through Zacc’s brand new Net Worth Calculator tool — a simple but powerful way to understand where you stand financially.DOWNLOAD THE WORKSHEET FOR FREE HERE:https://theretirementnerds.com/networthcalculator/OTHER FREE DOWNLOADS:https://theretirementnerds.com/free-downloads/ZACC'S CHANNEL:https://www.youtube.com/@ZaccMoneyEducationRELATED VIDEOS:https://youtu.be/NxH2jHzZwFohttps://youtu.be/voWbWZ9tu04https://youtu.be/8uC1lgkZUWEIn this video we go over:How to calculate your net worth using assets and liabilitiesWhy tracking net worth is critical for financial planningHow to use this calculator to monitor progress and spot red flagsReal-world examples of how to input your informationTips for improving your net worth over timeWhether you're just starting your financial journey or preparing for retirement, this video will give you a clear, data-driven way to measure your financial health.📌 Download the calculator, follow along, and take control of your money!Check out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected] Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerdsJoin our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro to the Calculator2:54 Net Worth Statement6:00 Saving as PDF7:30 Step 1: The Setup14:30 Step 2: Data Entry31:50 Tony and Pepper Stark Examples40:55 Step 3: Net Worth Statement Functionality43:16 Reason #1 to Know Net Worth45:17 Reason #2 to Know Net Worth46:29 Reason #3 to Know Net Worth46:56 Reason #4 to Know Net Worth47:51 Reason #5 to Know Net Worth48:35 Step 4: Net Worth Charts56:58 Where to Get Help=============================#networth #theretirementnerds #zacccall #retirementnerds #financeDisclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Thinking of contributing to a Roth IRA or doing a Roth conversion? Before you do, make sure you’re not falling into one of the 16 most common mistakes people make.In this episode of The Retirement Nerds, Erik Soderborg sits down with Zacc Call to break down critical errors that could cost you more in taxes, hurt your retirement income strategy, or derail your financial plan altogether.📌 In this video:When Roth conversions hurt more than they helpThe tax trap of “bracket creep”Why Roth isn’t always right for high earnersMistakes with timing, Medicare premiums (IRMAA), and Social SecurityRoth rules most investors overlookContribution vs conversion confusion explainedSmart strategies to get Roth rightIf you're serious about tax-efficient retirement planning, this is must-watch content.Here is where you can download the Social Security Taxability Worksheet for free:https://theretirementnerds.com/social-security-worksheet/Zacc's Channel:https://www.youtube.com/@ZaccMoneyEducationOTHER RELATED VIDEOS:https://youtu.be/HNQbgUTqzRshttps://youtu.be/QXC0j1O-eAghttps://youtu.be/-ifv6Y6migkhttps://youtu.be/ZetbFdEqi2Ahttps://youtu.be/Q82iDCI_lZghttps://youtu.be/VHHNYdpVwrUhttps://youtu.be/NxH2jHzZwFoCheck out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]=============================Be Sure to Subscribe to our Channel!YouTube: @theretirementnerds Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/==================================⏰ TIME CODES ⏰0:00 Intro Teaser0:25 Data over Dogma3:26 Mistake #1 5:48 Mistake #2 10:52 Mistake #3 15:47 Mistake #4 19:35 Mistake #5 21:21 Mistake #6 21:43 Mistake #7 24:52 Mistake #8 27:05 Mistake #9 29:32 Mistake #10 34:30 Mistake #11 43:21 Mistake #12 44:57 Mistake #13 48:10 Mistake #14 48:57 Mistake #15 53:33 Mistake #16 59:33 Where to Get Help1:00:30 3 People Who Benefit=============================#roth #rothvstraditional #theretirementnerds #socialsecurity #retirementnerds #finance #zacccall #eriksoderborgDisclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

In this interview, Erik Soderborg sits down with estate planning expert Jim Burch to answer one of the most common (and important) legal questions: When should you update your will or trust?Whether you already have an estate plan in place or you're wondering if it's time to revisit it, Jim outlines the key life events, financial changes, and family situations that should trigger a review or amendment of your trust or will.Here is the Estate Planning 101 Video for more background:https://youtu.be/nkFQmsdCW-I=============================Send me a [email protected]=============================OTHER ESTATE PLANNING VIDEOS:https://youtu.be/vLC0I19mWNUhttps://youtu.be/jaKuNJsLSX4https://youtu.be/cx8ySoE54Es📌 Topics covered in this video:How often should you update your estate plan?What events require a trust or will amendment?Do you need to update your trust after buying a home or having a child?Common mistakes people make by waiting too longThe difference between amending and restating a trustIf you want to keep your estate plan current and legally effective, this video is essential viewing.👍 Don’t forget to like, comment, and subscribe for more expert insights on estate planning, trusts, wills, and financial protection.Check out our resources at https://TheRetirementNerds.com/=============================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro1:12 Changing a Trust1:44 Restated Amendment2:26 Ensuring it is Funded3:18 What Changes Over Time4:15 State-Specific Considerations6:35 What Triggers Needing an Amendment10:07 Process to do an Amendment11:31 Costs to do this12:55 Simple Amendment13:29 Things that DON'T need an Amendment16:28 Changing Trustee Implications18:19 Where to Get Help=============================#estateplanning #willsandtrusts #theretirementnerds #retirementnerds Legal Disclaimer:This is not legal advice. Consult with an estate planning professional before making changes or decisions around your will, trust, or other estate planning documents.

In this video, Erik Soderborg and Zacc Call walk you step by step through how to determine exactly how much of your Social Security income will be taxable.Be sure to download the Free Social Security Taxability Worksheet to follow along with us. Get it here: https://theretirementnerds.com/social-security-worksheet/OTHER RELATED VIDEOS:https://youtu.be/HNQbgUTqzRshttps://youtu.be/QXC0j1O-eAghttps://youtu.be/-ifv6Y6migkhttps://youtu.be/ZetbFdEqi2Ahttps://youtu.be/Q82iDCI_lZghttps://youtu.be/VHHNYdpVwrUZACC'S CHANNEL: https://www.youtube.com/@ZaccMoneyEducationMany retirees don’t realize that between 0% and 85% of their benefits can be taxed depending on their income level. Zacc shows you how to run the calculation yourself so you’ll know what to expect.📌 What you’ll learn in this video:The formula used to calculate taxable Social Security incomeWhat counts as “provisional income”Examples that show when 0%, 50%, or up to 85% of benefits are taxedHow other income sources affect your Social Security tax billIf you’re retired or planning for retirement, this walkthrough will help you avoid surprises at tax time and make better financial decisions.Check out our resources at https://TheRetirementNerds.com/Send me a [email protected] Sure to Subscribe to our Channel!YouTube: @theretirementnerds Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/⏰ TIME CODES ⏰0:00 Intro0:24 Purpose of Spreadsheet1:02 Which Boxes to Fill Out3:45 How Much SS is Taxable5:16 Deductions7:10 Far Right Grid Explanation8:57 Itemized Deductions9:44 Tax Tornado Table13:37 Roth Conversion Opportunities15:50 Middle Chart Explanations18:06 Filing Status Matters19:49 What this Does NOT Do20:50 Where to Get Help#socialsecurity #theretirementnerds #socialsecuritytax #retirementnerds #finance #zacccallDisclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Zacc Call is back to go over why someone would choose Roth vs Traditional accounts. In this video, he goes over the 8 Reasons Why Someone Should Consider Roth Contributions or Conversions. This is building off the foundational math that if your tax rate stays the same, and your investments grow at the same rate, for the same time, you will have the same spendable amount regardless of whether you go Roth or Traditional. Zacc goes over other factors that may influence that decision of Roth vs Traditional in more depth, building off of the foundational math. Part 1 of this Series: https://youtu.be/RODrPaJ-xNUOriginal Deep Dive Video with over 1.6M Views: https://youtu.be/VHHNYdpVwrUHow Social Security is Taxed: https://youtu.be/-ifv6Y6migkZacc's Channel: https://www.youtube.com/@ZaccMoneyEducation Check out our resources at https://TheRetirementNerds.com/Send me a [email protected] Sure to Subscribe to our Channel!YouTube: @theretirementnerds Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/⏰ TIME CODES ⏰0:00 Intro2:25 1. RMD Management4:04 2. Inheritance Implications6:28 3. Government Raising Tax Rates8:17 4. IRMAA Penalties11:46 5. Phase Outs & AGI Limits13:58 6. Social Security Taxation18:13 7. Marginal Tax Bracket Management20:38 8. Straddling Marginal Lines 23:14 Motivations for Advisors25:30 Careful of Marketing Messages27:53 Where to get help#medicare #theretirementnerds #roth #rothvstraditional #retirementnerds #finance Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Should you choose a Roth or Traditional account?Zacc Call discusses the math that most people get wrong when analyzing whether or not a Roth (or Roth Conversion) or a Traditional account puts them in the best tax position in retirement. If you’ve ever wondered which account type will leave you with more money in retirement, this interview breaks it down with clarity, examples, and powerful insights.RELATED VIDEOS:https://youtu.be/VHHNYdpVwrUZACC'S CHANNEL:https://www.youtube.com/ ⁨@ZaccMoneyEducation⁩  ✅ Topics covered:• The math mistake almost everyone makes• Roth vs Traditional: what's the real difference?• How taxes today vs taxes in retirement impact your decision• A framework to help you decide the right strategy for youCheck out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]=============================Be Sure to Subscribe to our Channel!YouTube: @theretirementnerds =============================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/=============================⏰ TIME CODES ⏰0:00 Intro0:54 The Math Myths2:23 The Math7:06 What Can Change?7:45 Where You Pay Taxes9:02 Contribution Behavior11:18 4 Basic Reasons11:40 Tax Rate Will Rise15:50 Tax Rate Will Decrease17:27 Max Funding Accounts19:50 Marginal Tax Bracket Management22:46 Don't Feel Guilty23:59 Required Minimum Distributions23:44 Zacc's Channel=============================#investing #theretirementnerds #roth #rothvstraditional #retirementnerds #finance Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

In this interview Jim Burch with EasyLegalPlanning.com outlines one of the most critical (and overlooked) parts of estate planning — funding your trust. Your Trust is worthless if you have not properly funded the trust.Jim walks through the 7 key types of assets that should go into your trust and explains exactly how to fund each one, including:1. Real Estate2. Bank Accounts3. Brokerage Accounts4. Life Insurance5. Retirement Accounts6. Personal Property7. Business Assets📌 If you’ve created a living trust (or are thinking about it), but haven’t funded it properly — this video is a must-watch. Discover how to avoid probate, protect your legacy, and make sure your trust actually works when it’s needed most.ESTATE PLANNING 101 VIDEOhttps://youtu.be/nkFQmsdCW-IWANT TO SET UP YOUR OWN TRUST?Jim and his team can complete your estate plan in all 50 states.https://easylegalplanning.com/Or, reach out to me to connect you to Jim. [email protected] RETIREMENT RESOURCES:https://TheRetirementNerds.com/JOIN THE MONTHLY NEWSLETTERhttps://theretirementnerds.com/newsletter/⏰ TIME CODES ⏰0:00 Introduction1:19 What Funding Means1:45 7 Types of Assets3:21 Real Estate7:35 Bank Accounts12:51 Brokerage Accounts15:55 Life Insurance18:45 Retirement Accounts21:52 Personal Property25:10 Pour-Over-Will Clarification27:41 Business Assets29:40 Final Summary32:37 Where to Get Help33:28 Make it Easy=============================#estateplanning #theretirementnerds #willandtrust #retirementnerds

Download the free Social Security Taxability Worksheet Here:https://theretirementnerds.com/social-security-worksheet/Zacc's YouTube Channel:https://www.youtube.com/@ZaccMoneyEducation?sub_confirmation=1Related Videos:https://youtu.be/kFgagJM6rLEhttps://youtu.be/ZetbFdEqi2Ahttps://youtu.be/HNQbgUTqzRsContact us if you need help with any of these topics:https://theretirementnerds.com/contact-us/Connect: Website: https://theretirementnerds.com/TikTok: https://www.tiktok.com/@retirementnerdsIn this video, I sit down with tax expert Zacc Call to discuss the Big Beautiful Bill and its significant effects on Social Security taxability, Roth conversions, and the overall tax burden for seniors. Zacc walks us through his Social Security Taxability worksheet, which can help seniors navigate the complexities of tax planning and ensure they’re optimizing their retirement strategy. We break down the details, offering actionable insights to help you reduce tax liabilities and make smarter financial decisions as you approach retirement.If you’re a senior, planning for retirement, or simply looking to learn more about tax strategies for Social Security, this video is a must-watch.If you liked the video, please give it a "Thumbs up!" and subscribe to see more!⏰ TIME CODES ⏰0:00 Intro to the Worksheet1:31 Setting Up Income4:06 Charitable Distributions Clarification6:30 Social Security Taxability Calculation7:49 Senior Bonus Deduction Discussion15:24 Tax Torpedo16:50 Roth Conversion Tax Torpedo19:03 Phase Out of Senior Deduction22:29 Changing Filing Status22:58 Middle Tables28:40 Do the New Deductions Change Roth Strategy?29:29 4-Year Window32:02 Impact on Higher Incomes34:18 Focuses for High vs Low Income34:59 Should You Even File?38:12 SALT Deduction39:57 Important ResourcesDisclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Revocable vs Irrevocable Trusts – What’s the difference, and which one should you choose? In this episode, we break down the pros and cons of both types of trusts so you can make an informed decision when it comes to estate planning, asset protection, and avoiding probate.Connect with Jim and his team at Easy Legal Planning:Website: EasyLegalPlanning.comEmail: [email protected]’ll learn:• What a revocable trust is and when to use one• The key features of an irrevocable trust• Which trust protects your assets from creditors• How each trust impacts taxes and control• The biggest mistakes people make when choosing a trustWhether you're planning your estate, helping a loved one, or just trying to understand how trusts work, this video simplifies the complex legal differences so you can confidently plan your financial future.✅ Subscribe for more estate planning tips👍 Like this video if it helped you💬 Comment below with your questions—we respond!Watch next: https://youtu.be/nkFQmsdCW-ICheck out our resources at https://TheRetirementNerds.com/Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/⏰ TIME CODES ⏰0:00 Teaser0:37 The Set Up1:03 Definitions2:04 Liability Protection Differences3:18 Medicaid Implications6:30 Downsides of Irrevocable Trusts9:13 Estate Tax Implications11:37 Interesting Rules with Irrevocable Trusts14:20 Who Fits for Revocable?15:30 Public vs Private Records17:15 Who fits for Irrevocable?20:10 When to Look at Medicaid Trusts22:26 Costs23:17 Costs of Revocable24:28 Costs of Irrevocable25:18 Jim's Costs26:45 What it Looks Like27:49 Mortgages and Revocable vs Irrevocable31:27 Irrevocable Life Insurance Trust (ILIT)33:01 "Own Nothing, Control Everything"34:52 How Jim Can Help35:55 How Long Does it Take?37:16 Digital vs Printing37:57 Where to Store Trust Docs39:38 Blooper#EstatePlanning #TrustsExplained #RevocableTrust #IrrevocableTrust #FinancialPlanning

Using existing tax advantages when you donate to charities allows you to donate even more than you otherwise could. If giving to charities is a part of your life and your mission, there are ways outside of giving just cash that will be more beneficial to you and the charities.Our video on above the line and below the line tax strategies: https://youtu.be/PiGFVuAT67QIf you'd like our help with your charitable giving or tax strategies, reach out at https://TheRetirementNerds.com/=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Introduction0:35 Cash inefficiencies2:55 Tax Deduction Basics5:50 Appreciated Assets11:41 How To Donate Stock17:35 Intro to DAFs20:34 Donor Advised Fund27:42 Bunching Strategy33:42 Best Way To Give QCD35:16 Qualified Charitable Distributions40:40 Business Charity Strategies47:30 Final Thoughts51:08 Where to Get Help=============================#finance #charitablegiving #taxplanning #theretirementnerdsFederal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Here is the link to mess with the Long Term Care cost calculator:https://partner.buddyins.com/retirementnerdsMarc Glickman is the CEO of Buddy Ins and helps people all over the country plan for the four major long term care questions:1. Where will I receive care?2. Who will provide the care?3. How much will it cost?4. How will I pay for it?Other Resources:Free Retirement Nerds Newsletter: https://theretirementnerds.com/newsletter/Services:MedicareSocial Security PlanningFinancial PlanningInvestment ManagementEstate Planning (Wills & Trusts)Long Term Care PlanningContact us if you need help with any of these topics: https://theretirementnerds.com/contact-us/Connect: LinkedIn: https://www.linkedin.com/in/eriksoderborg/TikTok: https://www.tiktok.com/@retirementnerds#medicare #longtermcare #longtermcareinsurance #retirementnerds #eriksoderborg #buddyins #marcglickman #retirement #retirementplanning⏰ TIME CODES ⏰0:00 Introduction1:26 What is Long Term Care3:30 Where do people get LTC4:48 Who provides the care6:52 Erik's Mom Story8:10 Costs11:30 Funding Alternatives - Medicaid13:03 Role of the family15:58 What to plan around?17:55 When to address LTC19:01 Playing with Cost Estimates26:37 Who Doesn't Need LTC28:52 Employer LTC Options32:25 How LTC has changed34:07 How to actually use the policy35:25 Where to get helpFederal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

Are you looking for ways to reduce the taxes on your income? Zacc Call goes over tax strategies from simple to more advanced. Schedule a free call with Zacc’s team to review your tax saving opportunities: https://theretirementnerds.com/contact-us/Other Resources:Free Social Security Taxability Worksheet: https://theretirementnerds.com/social-security-worksheet/Free Money and Mind Ebook: https://theretirementnerds.com/money-mind/Free Retirement Nerds Newsletter: https://theretirementnerds.com/newsletter/The 7 Prosperity Projects Book: https://amzn.to/4dvxWgAServices:The Retirement Nerds partners help with:MedicareSocial Security PlanningFinancial PlanningInvestment ManagementEstate Planning (Wills & Trusts)Long Term Care InsuranceContact us if you need help with any of these topics:https://theretirementnerds.com/contact-us/Other Related Videos: https://youtu.be/6kcQKDku7IAhttps://youtu.be/giSf4ZBeWMQhttps://youtu.be/ZetbFdEqi2Ahttps://youtu.be/VHHNYdpVwrUhttps://youtu.be/8uC1lgkZUWEhttps://youtu.be/voWbWZ9tu04Connect: YouTube:https://www.youtube.com/@Theretirementnerds/sub_confirmation=1Website: https://theretirementnerds.com/LinkedIn: https://www.linkedin.com/in/eriksoderborg/TikTok: https://www.tiktok.com/@retirementnerdsIf you liked the video, please give it a "Thumbs up!" and subscribe to see more!#Taxes #avoidtaxes #paylesstaxes #tax #retirementnerds #eriksoderborg #zacccall #capita #capitafinancialnetwork #taxplanning⏰ TIME CODES ⏰0:00 High Level Strategy3:44 The Line7:20 Tax Refund Mistake9:16 Modified Adjusted Gross Income15:35 More Income Control21:15 Long Term Capital Gains25:23 Dividend Strategy Pros & Cons31:20 Taxable Investment Portfolios34:26 Capital Gain Harvesting36:25 Tax Loss Harvesting42:41 Fund Efficiency45:56 Asset Location Strategies48:57 Charitable Contribution Strategies57:59 Qualified Charitable Distribution1:01:08 Bunching1:02:52 Donor Advised Fund1:09:08 Roth Conversions1:12:10 Health Savings Accounts1:15:12 Marginal Tax Management1:16:58 State-Specific Strategies1:18:43 Timing Matters1:26:42 Where to Get HelpDisclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Steve Willems sat down to go through the 10 Retirement Myths he hears most when helping Canadians plan for their retirement. We compare and contrast retirement choices in Canada with those in the United States and go through general concepts of what most retirees actually experience. Connect with Steve here:https://willemswealthplanning.ca/Steve's YouTube Channel:https://www.youtube.com/@willemswealthSome related videos from Steve:https://youtu.be/IM8F8GGsUF0?si=IPv0lWysAy78l5Va https://www.youtube.com/watch?v=6O2gvSF1o2Mhttps://www.youtube.com/watch?v=iXgZ_7CmchsSources:Retiree Expectations vs Realityhttps://www.transamericainstitute.org/docs/library/research/life-in-retirement-preretirees-expectations-retiree-realities-report-september-2023.pdf?sfvrsn=58f037dc_11Retirement spending smile concept from JP Morgan Guide to Retirement:https://am.jpmorgan.com/us/en/asset-management/institutional/insights/retirement-insights/guide-to-retirement/?slideId=guide-to-retirement-spending/gtr-spendpartfullOther reference material about the retirement spending smile:https://www.financialplanningassociation.org/sites/default/files/2020-09/MAY14%20JFP%20Blanchett_0.pdf4 Phases of Retirement by Riley Moynes - TEDx Talk - https://www.youtube.com/watch?v=DMHMOQ_054U4 Phases of Retirement Book:https://amzn.to/3Ew7ecpWarren Buffet Letter:https://www.berkshirehathaway.com/news/nov2524.pdfCarl Richards Quote:https://behaviorgap.com/perfect-today-less-wrong-tomorrow/An awesome article on the "concept of enough" - https://moretothat.com/the-many-worlds-of-enough/Life expectancy when CPP was launched in Canada in 1966: 71.8 years old - https://www.macrotrends.net/global-metrics/countries/CAN/canada/life-expectancyCheck out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Preview0:44 Intro2:45 Myth #1 6:23 Myth #2 10:10 Myth #3 14:32 Myth #4 19:34 Myth #5 27:48 Myth #6 32:50 Myth #7 38:11 Myth #8 43:06 Myth #9 48:26 Myth #10 53:28 #retirement #canadavsusa #financialplanning #financeFederal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

How you ask your financial advisor is just as important as what you ask your financial advisor. If you are thinking of working with a financial advisor, we'll show you not only which questions to ask, but how to get to them in a way that establishes credibility and gets you the answers you really need. Zacc's Article on Questions to Ask:https://www.capitafinancialnetwork.com/education-center/how-to-interrogate-a-financial-professionalOur video on the different types of Financial Professionals:https://youtu.be/8uC1lgkZUWEConnect with Zacc's team at Capita:https://www.capitafinancialnetwork.com/Check out our resources at https://TheRetirementNerds.com/=============================Send me a [email protected]=============================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds =============================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/=============================⏰ TIME CODES ⏰0:00 Shopping Advisors2:11 What's Really Happening4:49 The Fiduciary Myth8:41 The 4 Cs Framework10:55 Competence15:52 Communication21:12 Care31:43 Compensation37:35 Relationships in Practice41:50 Incorrect Advisor Shortcuts44:27 Where to get help =============================#finance #financialplanning #financialadvisors Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Learn how to create your own investment portfolio and what the professional financial advisors look for when constructing a solid portfolio. Zacc Call outlines the factors and options available for those who want to do something other than just invest in the S&P 500 index funds. Zacc goes over stocks, index funds, bonds, and other asset classes to help you build your wealth. Connect with Zacc's Team at Capita Here:https://www.capitafinancialnetwork.com/Get The INVESTMENTS Article from the Money & Mind Book Here:https://cdn.prod.website-files.com/61bbaf4759074aa904a63ee6/67927ad63ab63a432c2a0f25_Investments.pdfDownload the full Money & Mind Book here:https://theretirementnerds.com/money-mind/Check out our resources at https://TheRetirementNerds.com/Get Zacc's Book: The 7 Prosperity Projectshttps://amzn.to/4162UrL=============================Send me a [email protected]==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro0:45 Just the S&P 500?5:00 Reason 1: Too Risky6:32 Reason 2: Lost Decade10:02 Reason 3: Want More Return11:00 Diversification13:49 Constructing a Portfolio18:42 Monitoring your Portfolio27:14 Important Definitions38:45 Stock Capitalization Grid47:43 International Grid49:20 Bond Grid54:16 S&P 500 on the Grids56:03 Role of Index Funds58:25 Financial Advisor Role1:01:11 Strategic vs Tactical Building1:04:53 Security Selection1:07:30 Mutual Funds1:08:55 Exchange Traded Fund (ETF)1:16:00 Technical vs Fundamental Approach1:19:26 Diversification vs Risk1:32:22 Zacc's Team and Help1:40:50 Where to Find Zacc's Content=============================#finance #theretirementnerds #investing Federal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

As you prepare to file your taxes, you will want to understand how your taxes are calculated to ensure you are making the most of your tax situation. There are different types of income, tax rates, and the progressive tax structure of the United States tax code. Zacc Call goes over how to simplify the taxation in America and where they may be some opportunities for you as you plan your tax filings. Get the full Money & Mind eBook for Free here: https://theretirementnerds.com/money-mind/ Get the Tax-Specific Money & Mind article here: https://cdn.prod.website-files.com/61bbaf4759074aa904a63ee6/67927ae3cb05c724e0aa9cbf_Tax.pdf Get the Free Social Security Taxability Worksheet here: https://theretirementnerds.com/social-security-worksheet/ Connect with Zacc's team here: https://www.capitafinancialnetwork.com/ Check out our resources at https://TheRetirementNerds.com/ ============================= Send me a message! [email protected] ============================= ============================= Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro 1:00 Tax Equation 3:05 Progressive Tax Brackets 6:40 Retiree Tax Situation Realities 9:55 Ways to File Relationships 13:59 Different Types of Income 16:46 Long Term Capital Gains 19:20 Tracking Lots 24:01 Long Term Capital Gain Rates 28:30 Qualified Dividends 32:04 Interest Income 34:21 Unrealized Capital Gains 38:35 Standard vs Itemized Deduction 42:01 Charitable Giving 46:34 Final Summary 50:13 Modified Adjusted Gross Income 52:23 Giveaway 54:08 Where to get help ============================= #tax #taxplanning #taxes #retirementnerds Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Putting in the right people to act in your Estate Plan is as important as any other decision. Who will act as your successor trustee (trusts), executor (wills), and financial powers of attorney for finances and healthcare decisions will impact how your estate plan is executed upon death. On the other side of the coin, if you are named as one of these important individuals, it is important to understand your responsibilities to carry out the wishes of the people entrusting you with this responsibility. Jim Burch of EasyLegalPlanning.com outlines all of this in this video. Want your estate plan set up? Jim and his team can complete your estate plan in all 50 states. https://easylegalplanning.com/ Or, reach out to me to connect you to Jim. [email protected] ============================= Find more retirement resources at https://TheRetirementNerds.com/ ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro 0:44 Setting up your own trust 0:57 Naming Successor Trustee 7:19 Naming Beneficiaries 17:42 Naming Guardianship 20:05 Financial Power of Attorney (Financial) 27:22 Medical Power of Attorney (Medical Directive) 30:42 YOU are the Successor Trustee 37:15 YOU are the Power of Attorney 39:34 YOU are the Beneficiary 45:00 Be Proactive 47:23 Where to get help ============================= #estateplanning #willsandtrusts #theretirementnerds #retirementnerds Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

The Social Security Fairness Act, HR 82, concerning the Windfall Elimination Provision and Government Pension Offset, was signed into law on January 5, 2025 by President Joe Biden. Tyler Williamson from Capita Financial Network explains what this means for those impacted. This impacts 2.7 million Americans who had their Social Security Benefits reduced by the Windfall Elimination Provision (WEP) or the Government Pension Offset (GPO). The impact of this Act will cause an average increase of about $360 per month for those impacted by WEP or GPO. Connect with Capita Financial Network here: https://www.capitafinancialnetwork.com/ Check out our resources at https://TheRetirementNerds.com/ ============================= Send me a message! [email protected] ============================= ============================= Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro 1:15 Social Security Fairness Act 2:30 Windfall Elimination Provision 3:35 Who is affected? 5:43 Calculating the WEP penalty 7:30 Is it "Fair?" 10:00 Government Pension Offset 13:20 How it impacts SS Trust Fund 16:40 Social Security reform options 19:01 When Payments will hit 19:50 How to plan for Social Security ============================= #socialsecurity #socialsecurityfairness #wep #GPO #theretirementnerds #finance Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

There are many ways to title your real estate properties, but who or what entity owns that property can have significant consequences when we start talking about probate, taxes, and freedom to sell properties upon death. For most, their home is their single biggest financial asset. Jim Burch masterfully explains the different ways to structure real estate to ensure your assets are passed on effectively and at the lowest cost. If you would like help with your estate plan, here is Jim's information: [email protected] EasyLegalPlanning.com Check out our resources at https://TheRetirementNerds.com/ ============================= Send me a message! [email protected] ============================= ============================= Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Owning Real Estate 0:37 Joint Tenants vs Tenants in Common 5:29 Property in Multiple States 7:25 LLC Ownership and Trusts 9:39 Moving to a Different State 10:51 What if Your Name Changes? 13:08 Adding Someone on Title 15:08 Step up in Basis 16:26 Successor Trustee Responsibilities 19:41 Payable on Death (POD or TOD) 24:47 In-Laws 26:24 Where to Get Help ============================= #estateplanning #willsandtrusts #theretirementnerds #retirementnerds #finance Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

In this video, Zacc Call, a Certified Financial Planner explores the 7 projects to achieve financial freedom. If you are tired of living paycheck to paycheck and want to take control of your finances to build a sustainable future, this video is for you! Zacc breaks down his 7 Prosperity Projects in a simple, step-by-step way that is a proven way to assign your next dollar to the most beneficial task to make sure your money is working for you, rather than you being a slave to the next dollar. Erik asked Zacc these questions a few months back, prompting Zacc to write a book titled The 7 Prosperity Projects. Get Zacc's 7 Prosperity Projects book here: https://amzn.to/4dvxWgA Check out Zacc's podcast and website here: https://www.thefinancialcall.com/ ============================= Send me a message! [email protected] ============================= ============================= Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 How this came to be 4:05 Get on the Train 5:40 It's a Team Game 11:23 Offense vs Defense 20:54 Project 1 - Plug the Holes 29:25 Project 2 - Get Free Money 36:13 Project 3 - Automate Retirement Savings 54:51 Project 4 - Decide who's in charge 1:12:46 Project 5 - Reduce Unwanted Debt 1:20:54 Project 6 - Build non-retirement wealth 1:29:28 Project 7 - Swing for the Fence 1:37:55 Where to go from here ============================= #finance #theretirementnerds #retirementnerds #7prosperityprojects #FinancialFreedom #FinancialIndependence #MoneyManagement #WealthBuilding Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

You've decided you want to do a Roth conversion, and in this video, we go over exactly HOW to do a Roth conversion. What is happening during the conversion? What are best practices? And how can you avoid costly mistakes when doing a Roth conversion. Roth vs Traditional Video: https://youtu.be/VHHNYdpVwrU Social Security Tax Tornado Video (with free worksheet): https://youtu.be/ZetbFdEqi2A The Financial Call: https://www.thefinancialcall.com/ Want help? Send me a message! [email protected] ============================= Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ Check out our resources at https://TheRetirementNerds.com/ ⏰ TIME CODES ⏰ 0:00 Should you do a Roth conversion? 5:33 Tax Tornado 10:13 How to do a Roth conversion? 11:10 Standard Procedure 23:35 Backdoor Roth 29:48 Mega Backdoor Roth 34:10 Mistakes to avoid when converting 50:55 Up front or over time? 53:13 Zacc's information ============================= #rothvstraditional #theretirementnerds #roth #rothconversion #retirementnerds #finance Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Having the control to plan what happens to your estate (or stuff) when you die is important to people. If you have property, kids, or financial assets, you want to control who gets what should you pass away. Jim Burch of EasyLegalPlanning.com outlines the important aspects of Estate Planning. What to expect if you do nothing. Is a Will sufficient, or does a Living Trust make more sense? Watch to learn all of the key aspects of a complete estate plan to take care of you and your family. Want your estate plan set up? Jim and his team can complete your estate plan in all 50 states. https://easylegalplanning.com/ Or, reach out to me to connect you to Jim. [email protected] ============================= Find more retirement resources at https://TheRetirementNerds.com/ ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro 1:35 Jim's Background 3:11 What is Estate Planning 4:15 What happens if you do nothing 9:01 A place for a Will 14:31 When do I need a trust? 18:25 Controlling a Trust 20:26 Successor trustee responsibilities 25:08 Revocable vs Irrevocable Trust 29:20 Special Needs Trusts 32:09 Common mistakes with trusts 33:20 How to fund a trust 52:47 Role of a notary 57:30 Transfer deed to trust 58:35 Update beneficiary designations 58:45 How a will and trust work together 1:02:48 Durable Power of Attorney (Finances) 1:05:29 Healthcare Directive 1:11:16 How to start an estate plan 1:13:42 Cost to do an estate plan 1:15:54 Where to contact Jim ============================= #estateplanning #livingtrust #livingwill #willvstrust #theretirementnerds #retirementnerds PLEASE NOTE: This video is for education purposes only. It does not constitute legal advice for your specific situation.

If you enjoy hearing about how to keep your financial professionals honest, I recommend listening to my conversation with Zacc Call about the secrets to knowing which type of financial professional you are dealing with. (https://youtu.be/8uC1lgkZUWE) Zacc's Podcast: The Financial Call: https://www.thefinancialcall.com/guided-path Reach out to me here: [email protected] Subscribe to the Channel @theretirementnerds Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ⏰ TIME CODES ⏰ 0:00 Episode Intro 02:50 🚀 Warren Buffet Challenge 6:51 📈 Investment Funds 10:50 👥 Financial Professional Designations 13:58 🤝 Investments Only Advisor Value 17:43 💰 How to find out advisor fees 21:25 🛠️ If you are DIY 23:57 🧠 Vanguard Study on value of investment advisor 32:50 📊 Tier 1: Investment Management 33:48 💸 Tier 2: Income Planning 39:48 🪦 Tier 3: Tax, Insurance, Estate analysis 46:37 🔍 Tier 4: Specialized planning categories 51:50 📉 Losing your gains to advisor fees 56:42 👨 Advisor compensation structures 01:04:01 🚦 Understand the different types of advisor ============================= #finance #financialadvisor #theretirementnerds Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Follow the Nerds: TikTok: https://www.tiktok.com/@retirementnerds Instagram: https://www.instagram.com/retirementnerds/ Linkedin: https://www.linkedin.com/in/eriksoderborg/

There are many financial professionals out there, and it gets hard differentiating which one you need, how they are paid, and which have conflicting incentives with your hard earned money. Zacc Call, President of Capita Financial Network, goes through the different financial professionals, what services they can offer, how they are paid, and how to know which you should be working with. Download the Financial Professional Reference Sheet here: https://theretirementnerds.com/financial-professionals-guide/ Hear more from Zacc on his podcast - The Financial Call https://www.thefinancialcall.com/ ============================= Send me a message! [email protected] ============================= ============================= Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 The 3 Licenses 5:30 Which do you need? 6:57 Insurance Agents 25:48 Broker/Dealers 52:30 Investment Advisors ============================= #medicare #theretirementnerds #socialsecurity #retirementnerds #finance #financialadvisor Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved.

If you want to retire early, there are some important considerations you need to keep in mind. How are your investment accounts taxed? What about Medicare and Social Security? Should you wait or go for it now? Jaeden May from Adams Wealth Advisors goes over how to plan for an early retirement and outlines how to structure your plans into the future. *Connect with Jaeden here:* https://adamswealthadvisors.com/jaeden Need help? Email me! [email protected] Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsletter/ ==================================== This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ⏰ TIME CODES ⏰ 0:00 When Can I Retire? 3:15 Healthcare considerations 4:45 Income Control 6:22 Options For Work Investment Plans 10:35 Traditional and Roth 12:05 Taxes 15:54 The Side Hustle 19:09 Psychology of Spending 20:18 Accessing Retirement Accounts Early 25:30 When Can You Retire? 28:38 Common Pitfalls 30:25 Just the Start 32:18 How to Prepare ============================= #retirement #retirementplanning #90daysfromretirement Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Adams Wealth Advisors. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved.

Losing a spouse is one of the most devastating experiences. Finances are the last thing on your mind. But, if you don't plan, financial stress could cripple your freedom to mourn in peace. Jaeden May from Adams Wealth Advisors outlines what to do when you lose a spouse and how to plan beforehand to make the unfortunate transition as easy as possible on you and your family. *Connect with Jaeden here:* https://adamswealthadvisors.com/jaeden *Life Insurance Policy Locator* https://eapps.naic.org/life-policy-locator/#/welcome Here is a list from Health Equity of Qualified Medical Expenses (QME): https://www.healthequity.com/hsa-qme Need help? Email me! [email protected] Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsletter/ ==================================== This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ⏰ TIME CODES ⏰ 0:00 A Team Effort 3:30 Your Support Team 8:08 Important Financial Accounts 10:21 Life Insurance 14:12 Employer Pensions 16:14 Beneficiaries 20:14 Social Security Benefits 22:44 Revisit Your Plan 28:25 Remarriage 30:52 Single 32:10 Just the Start 33:30 Disclosures ============================= #estateplanning #financialplanning #90daysfromretirement Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Adams Wealth Advisors. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved.

If you're not careful, the fact that Social Security is taxable can lead to you making decisions that become much more expensive than you may have realized. Zacc Call, President of Capita Financial Network, dives into the details of Social Security tax, which then helps determine the value of taking more money out of investments during retirement or whether or not a Roth conversion is worth it. *Here is where to get the Spreadsheet referenced in the video:* https://theretirementnerds.com/social-security-worksheet/ Be sure to check out Zacc's free financial podcast - The Financial Call: https://www.thefinancialcall.com/guided-path ============================= Need help with your Social Security Strategy? Email me! [email protected] Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsletter/ ==================================== This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ⏰ TIME CODES ⏰ 0:00 Intro 2:31 Background on How This Works 11:39 Spreadsheet Conversation Starts 11:54 Scenario 1 - Some Income + SS 21:18 Scenario 2 - More Income + Less SS 24:30 Scenario 3 - No Income + Lots of SS 31:45 State Tax Implications 33:23 Financial Advisor Incentive for Roth Conversions 38:48 Roth Conversion Logic 53:52 How to Get Help ============================= #socialsecurity #socialsecuritytax #roth #90daysfromretirement Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved.

How your investment accounts are taxed could save you considerable amounts of money if you use the right investment vehicle. The two most common are Roth and Traditional accounts, especially as we talk about IRAs and 401(k)s. Our original video on Roth vs Traditional generated a lot of questions, so Zacc Call - President of Capita Financial Network - took some time to answer those questions. Watch the original Roth vs Traditional video here: https://open.spotify.com/episode/48MziVxRF0QkKY6IyWhof3?si=xo1ewuirSCGOjPtwpNrBIA Zacc's free Financial Education Platform here: https://www.thefinancialcall.com/guided-path ==================================== Need help with Medicare or Social Security? Send us a message! ==================================== [email protected] ===================================================== Join our newsletter for monthly tips, book recommendations, and personal stories! https://fog7tmqa.sibpages.com ===================================================== ⏰ TIME CODES ⏰ 0:00 Introduction 0:35 Traditional and RMDs 9:22 Are Taxes Going Up? 14:51 Roth Income Limits 16:16 Spousal IRA 18:10 Backdoor Roth 23:00 Will Roths Be Taxed? 28:16 How to Find Zacc ============================= #90daysfromretirement #retirementplanning #financialfreedom Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

If you are worried about running out of money during retirement, you are not alone. There are things outside your control that will impact your retirement funds. However, the more important things to worry about fall under your control and, with some discipline and knowledge, you can protect yourself against the external risks. Zacc's free Financial Education Platform here: https://www.thefinancialcall.com/guided-path Free Withdrawal Strategy PDF: https://assets-global.website-files.com/61bbaf4759074aa904a63ee6/6408c018dc007469c2e541bc_Withdrawals.pdf Need help? Email me! [email protected] Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsletter/ ============================= This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ⏰ TIME CODES ⏰ 0:00 Rules of Thumb Problem 7:40 External Factors Outside Your Control 8:19 Longevity Risk 10:08 Investment Risk 10:59 Sequence of Returns 26:45 Inflation Risk 31:47 Rise in Taxes 35:14 Summary of External Factors 37:08 Internal Factors Within Your Control 39:24 Live for the Future - Fear 43:47 Overspending - Lack of Discipline 46:24 Adult Children - Love 51:17 Structure of Income - Knowledge 51:34 Ripple Effects of Decisions - Knowledge 53:52 What You Can Do to Prepare 56:19 Now and Later vs Multi-stream 58:07 Stocks 1:02:28 Now and Later Bond Ladders 1:05:14 Fixed Index Annuity 1:07:27 Fixed Rate Annuity 1:09:16 Bond Fund Portfolios 1:12:09 Pension-Like Annuity 1:15:11 Annuity Riders 1:16:47 Multi-Stream Bond Ladders 1:18:10 Dividend Stocks 1:20:47 REITs 1:22:49 Selling Stocks at a Loss 1:25:44 Asset Allocation Drift 1:29:39 Getting Help ============================= #90daysfromretirement #retirementplanning #financialfreedom Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

If you want to know when you should take Social Security watch this video! Be sure to go to Zacc's free Financial Education Platform here: https://www.thefinancialcall.com/guided-path Need help? Email me! [email protected] Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsletter/ ============================= This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ⏰ TIME CODES ⏰ 0:00 Rules of Thumb Problem 0:14 Zacc Introduction 0:40 Beware Absolutes 3:40 What's on the Menu? 7:00 Important Terms & Acronyms 11:57 Spousal Benefits Rules 23:40 Divorced Spousal Benefit Rules 28:48 Deceased Spouse - Survivor Benefits 37:49 Survivor Benefits and Remarriage 41:50 Survivor Benefits & Ex Spouses 43:19 The Menu Recap 44:28 3 Separate Strategies Based on Time 45:53 Breakeven Analysis on Steroids 56:37 What if Social Security Disappears? 1:03:17 When Should YOU Take Social Security? 1:08:07 Still Working with SS Benefits 1:11:28 Taxing Social Security Income 1:20:22 Role of an Advisor ============================= #socialsecurity #90daysfromretirement #socialsecuritybenefits #socialsecurityretirement #retirement #retirementplanning #retirementinvesting #retirementadvice #retirementincome #finance #financialfreedom Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

If you want to know the realities of timing the Stock Market, watch this video! This episode was originally released September 21st, 2023 Visit Dallin's YouTube channel for more useful videos: https://www.youtube.com/@insightwdallincutler Book of historical returns data Dallin referenced: https://static1.squarespace.com/static/5a29de13e5dd5b5fb7021e6c/t/645e5f124644cd2b57964f39/1683906326686/matrix-book-2023_usd-us.pdf Need help? Email me! [email protected] Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsletter/ ============================= This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ============================= Send me a message! ============================= [email protected] ⏰ TIME CODES ⏰ 0:00 Return Expectations Intro 0:28 Dallin Introduction 0:50 Dallin's Start in Finance 3:50 What is the Stock Market? 5:44 Different Exchanges 8:38 Why the Stock Market vs Other Investments? 14:45 Why is the Stock Market Volatile? 20:19 Market Expectations & Historical Data 26:00 Magic Algorithms to Time the Market 35:50 Responding to Pitches 42:24 Reality of Diversification 47:57 Style Drifting 50:29 P/E Ratios 52:52 BEWARE of the News 57:50 Power of Compounding 1:04:50 Saving vs Living 1:06:50 What Rich People Know 1:12:49 Why Use an Advisor? 1:19:05 How to Connect with Dallin ============================= #stocks #stockmarket #investing #retirement #retirementplanning #retirementinvesting #finance Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: - EP Wealth Advisors ("EPWA") makes no representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information presented in this report. The information presented was obtained from sources deemed to be reliable. However, EPWA cannot guarantee the accuracy or completeness of the information offered. All expressions of opinion are of the presenter and are subject to change without notice.​ - Past performance is not indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment or strategy, or product made reference to directly or indirectly, will be profitable or equal to past performance levels. Future financial conditions and events can never be accurately predicted. - Information presented is general in nature and should not be viewed as a comprehensive analysis of the topics discussed. Content does not involve the rendering of personalized investment advice nor is it intended to supplement professional individualized advice. Always consult a professional Financial Advisor before implementing or applying any of the approaches or strategies made referenced to directly or indirectly here.​ - Any direct or indirect references to investment allocation, specific securities, security sectors, or any investment vehicle(s) should not be taken as a recommendation or solicitation to buy or sell a particular security or invest in any specific investment strategy. There is no guarantee that any of the information or investment strategies discussed will be suitable or profitable.​ - Asset allocation and diversification do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There can be no assurances that a portfolio will match or exceed any particular benchmark.​ - Hiring a qualified advisor and/or diversifying your portfolio do not guarantee investment success, and does not ensure that a client or prospective client will experience a higher level of performance or results. No guaranty or warranty is made that any results, projections, or other information being represented in this presentation will be met or sustained.​ - All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions or withdrawals, and economic conditions, may materially alter the performance of your portfolio. There is also no assurance that a portfolio will match or outperform any particular benchmark.​ - EP Wealth Advisors, LLC is a registered investment adviser with the U.S. Securities and Exchange Commission ("SEC"). Registration with the SEC does not constitute an endorsement by the SEC, nor does it imply that EP Wealth Advisors Inc. has attained a certain level of skill or ability.

If you want to know whether you should be using a Roth or Traditional Account watch this video! This episode was originally released August 27th, 2023. Be sure to go to Zacc's free Financial Education Platform here: https://www.thefinancialcall.com/guided-path Need help? Email me! [email protected] Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsletter/ ============================= This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ============================= Send me a message! ============================= [email protected] ⏰ TIME CODES ⏰ 0:00 Bad Math Intro 0:45 New Financial Series 1:26 Be Aware, Not Afraid 3:53 Why an IRA? 6:29 3 Major Utensils 7:33 Roth vs Traditional Tax Status 11:30 Bad Math 13:23 Better Math 18:14 When to Choose Roth vs Traditional 25:30 Degrees of Freedom 30:45 4 Reasons Recap 31:41 Using Both Roth & Traditional 32:22 Contribution Rules 39:32 Spousal IRA 41:50 Marginal Tax Bracket Management 47:13 Why an Advisor vs Index Fund 52:23 Fear Tactics to Watch Out For 57:43 Talk vs Act 1:00:53 The Financial Call ============================= #rothira #90daysfromretirement #rothvstraditional #retirement #retirementplanning #retirementinvesting #retirementadvice #retirementincome #finance #financialfreedom Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.