Retirement Planning Education, with Andy Panko

Learn about Life Insurance Retirement Plans (LIRPs), including their costs and fees, borrowing against cash value life insurance policies, understanding LIRPs, and the complexities of index universal life policies. The hosts express skepticism, but also share their desire to explore LIRPs further and provide beginner-friendly information.

Explanation of the five different versions of Modified Adjusted Gross Income, or MAGI, you're likely to come across in retirement planningDownloadable MAGI summary handout - hereWhat is MAGI YouTube video - hereUnderstanding Medicare Premium Surcharges YouTube video - hereAffordable Care Act ("ACA") Premium Tax Credits YouTube video - hereWhat is Net Investment Income Tax YouTube video - hereFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Newsletter - Retirement Planning Insights

Summary of the key points in the 2022 Social Security Trustees Report2022 Social Security Trustees Report - hereFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Newsletter - Retirement Planning Insights

The basics of the Social Security systemYouTube video - Introduction to Social SecurityYouTube video - Calculating your Social Security Primary Insurance AmountYouTube video - Are Social Security Benefits Taxable?YouTube video - When to claim Social SecurityYouTube video - Social Security myths and Q&AFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Newsletter - Retirement Planning Insights

Actions retirees and near-retirees should (and shouldn't) consider doing as a result of bad financial markets and high inflationYouTube video - What is the 4% Rule?YouTube video - How much money do I need to retire?Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Newsletter - Retirement Planning Insights

Explanation of tax loss harvesting and tax gain harvesting, as well as an introduction to "wash sales"Links in this episode:YouTube video - What is Tax Loss Harvesting?YouTube video - What is Tax Gain Harvesting?YouTube video - What is Tax Loss and Tax Gain Harvesting?Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Newsletter - Retirement Planning Insights

This podcast explores variable annuities, indexed annuities, and withdrawal riders. It covers the features and benefits of each type of annuity, as well as the fees associated with variable annuities. The podcast also discusses the concept of withdrawal riders and the rules and restrictions that apply. Overall, it provides a comprehensive understanding of annuities and how they can be utilized in retirement planning.

This podcast explores the complexities of income annuities and payment options. It discusses the cost and fees associated with annuities and provides examples of different payment options. The episode also highlights the lack of inflation increases in most standard annuities and teases the topics to be covered in the next episode.

This podcast introduces annuities and focuses on multi-year guaranteed annuities (MYGAs). It covers the basics of annuities and the details of MYGAs. The speaker discusses the different types of annuities, including immediate annuities and deferred annuities. They also explain how interest is earned on annuity contracts, such as fixed annuities, variable annuities, index annuities, and buffer or structured annuities. The chapter explores fee-only advisors and annuity sales, highlighting the importance of understanding surrender periods and charges. It also discusses annuity fees, tax implications, and the distribution and taxation of annuity income for heirs. Finally, it provides guidance on finding reputable insurers and multi-year guarantee annuity rates.

Everything you ever wanted to know about I BondsLinks in this episode:TreasuryDirect - hereCPI-U monthly data - hereFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Newsletter - Retirement Planning Insights