Ready For Retirement

You might be missing something if you're focusing only on your initial withdrawal rate......on today's episode, we'll cover what you might be missing, and how you can maximize your portfolio withdrawal strategy.Questions answered:What is the 4% rule and how does it apply to me?How should staggered income and expenses alter your withdrawal strategy?Time stamps0:00 Intro2:15 What is the 4% rule?4:00 Example of staggered income or expenses9:13 You might be limiting your withdrawals12:20 Staggered income and expenses13:15 Example of staggered income and expenses18:20 Looking at your portfolio differently19:09 Summary21:30 Conclusion22:38 OutroCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, James discusses how 4 reasons to NOT do a Roth Conversion.Questions Answered: How to think through whether a Roth Conversion makes sense for youUnderstanding how to implement effective Roth Conversions How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 2:13 - Example4:25 - Plan for Conversions7:22 - Age / Life Expectancy10:19 - Not ONLY A Dollar Amount12:49 - RMDs14:58 - RMD Example17:02 - RMD Issue19:00 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, James discusses how to protect your most important financial assets.Questions Answered: How should you think about protecting your most important financial assets?Understanding how to protect what's most important (your TIME)How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 2:13 - Downsides To Continuing Work4:25 - Savings/Bonuses6:55 - Financial/Personal8:50 - Wages12:03 - Financially Ready14:58 - How Much?!16:33 - TIME17:02 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, James discusses how to protect your most important financial assets.Questions Answered: How should you think about protecting your most important financial assets?Understanding how to protect what's most importantHow can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 1:30 - Income3:25 - Compounding5:04 - Take-Home Pay8:50 - Wage Increases10:03 - 1% Better13:58 - How Much?!16:33 - Summary of What's In Your Control19:35 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, James discusses umbrella insurance coverage and how much you need.Questions Answered: How should I think about an Umbrella Insurance Policy (how much)?Understanding how much defense (risk management) is neededHow can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 2:30 - Umbrella Insurance 1013:25 - Home/Auto Policies5:04 - Insurance Policies Examples8:50 - Net Worth Value10:03 - State Exemptions13:58 - How Much?!16:33 - Two Examples19:05 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, James discusses Deferred Compensation Plans and how to consider them within your overall retirement strategy.Questions Answered: How should I think about Deferred Compensation in context of my overall plan?When does it make sense to defer compensation (and when does it NOT)?How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 2:30 - Deferred Compensation 1013:25 - Retirement Expenses5:04 - Tax Planning8:50 - AVOID This Common Mistake17:03 - Inflation Impact19:58 - Deferred Comp Example23:50 - Aligning Your Financial Goals24:00 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, Ari Taublieb, MBA guest hosts the Ready for Retirement podcast to discuss where you should pull income from first when you retire early. Ari Taublieb, MBA is the Vice President of Root Financial Partners and a Financial Advisor. This episode is part three of a three-part series.Ari is the host of the Early Retirement podcast available here. Ari is also on YouTube here. Create your customized early retirement strategy with Ari here. Episode Summary: Should I pull from my Brokerage, IRA, Roth IRA or 401(k) account first?Should I consider the Rule of 55 or 72(t) distribution?How to improve your overall early retirement strategyTimestamps:00:00 - Introduction 1:41 - Assumptions4:51 - Life First, Money Second7:24 - Inflation & Taxes9:55 - Rule of 5512:17- 72(t) Distribution15:30 - Income Needs18:28 - Capital Gains Explained22:15- How To Minimize Income25:57 - Not Qualified28:35 - Align Your Money With Your GoalsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, Ari Taublieb, MBA guest hosts the Ready for Retirement podcast to discuss the 5 mistakes to make sure you avoid when retiring early. Ari Taublieb, MBA is the Vice President of Root Financial Partners and a Financial Advisor. This episode is part two of a three-part series.Ari is the host of the Early Retirement podcast available here. Ari is also on YouTube here. Create your customized early retirement strategy with Ari here. Episode Summary: How can you create tax-free income most effectively in retirementCommon tax mistakes people leave on the table which could save tens of thousands of dollars (or hundreds of thousands)How to improve your overall early retirement strategyTimestamps:00:00 - Introduction 1:20 - Life over Money3:03 - Legacy Goals5:31 - Examples Examples Examples!8:35 - Never Pay Taxes Again10:52 - Standard Deduction v. Itemized Deduction14:28 - Brokerage Account19:17 - AAPL Stock Example22:15- MASTER Tax Tip!25:01 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, Ari Taublieb, MBA guest hosts the Ready for Retirement podcast to discuss the 5 mistakes to make sure you avoid when retiring early. Ari Taublieb, MBA is the Vice President of Root Financial Partners and a Financial Advisor. This episode is part one of a three-part series. Ari is the host of the Early Retirement podcast available here. Ari is also on YouTube here. Create your customized early retirement strategy with Ari here. Episode Summary: How can you retire early with confidenceHow to avoid common mistakes people make when retiring earlyHow to improve your overall financial strategy in retirementTimestamps:00:00 - Introduction 1:30 - Pretend You're Retired Today2:25 - Financial Freedom5:31 - Retirement = Tradeoffs8:35 - Life First10:43 - Part-Time Income12:40 - Financial v. Nonfinancial aspects14:28 - Practice Retirement First18:52 - Guardrails Approach21:45- Aligning Your Financial Goals23:45 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, James discusses how much you need to retire.Questions Answered: How much do I need (financially)?How do I prepare (mentally)?How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 2:30 - How much is ENOUGH?3:25 - Retirement Expenses5:04 - Assigning Your Dollars8:50 - First Step13:40 - Avoid THIS!17:03 - Inflation Impact19:58 - Taxes (Single v. MFJ)21:55 - Health Considerations23:50 - Aligning Your Financial Goals24:00 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!