Ready For Retirement

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!

In this episode of Ready for Retirement, James discusses what you should do with extra income after you max out your 401(k). Questions Answered: What are the best accounts to invest in after your 401(k)?Should you invest in a brokerage/Roth/IRA/etc?How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 1:00 - Key Benefit2:23 - Order of Operations4:30 -  Where To Save Next6:14 - Example (Person A v. B)9:50 - HSA (Health Savings Accounts)12:33 - Backdoor Roth Contribution15:46 - Brokerage Account Hack18:50 - Paying Down Debt21:08 - ESPP23:50 - 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 what you should do with your 401(k) when you retire.Questions Answered: What are the best ways to reduce fees in a 401(k)?Should you move your 401(k) elsewhere?How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 1:45 - Listener Question3:23 - 401(k) Hidden Fees7:52 - Gaining More Control9:45 - Investment Options13:40 - Clunky Planning17:03 - After-Tax Contributions21:05 - Net Unrealized Appreciation24:02 - Tax Treatment26:08 - Age Importance29:50 - 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 with retirement life coach Cyn Meyer how to create the most meaningful retirement.Guest: Cyn Meyer is a Retirement Life Coach and founder of Second Wind Movement. She has free resources here on her website available to all of you. Cyn also offers a free workshop here.Questions Answered: What are the best ways to have a meaningful retirement?What are the best strategies to implement TODAY to start preparing for your dream retirement?How can your overall retirement strategy be improved?Timestamps:2:08 - Introduction 4:03 - Fear-based living7:22 - Subtle Isn't SUBTLE!12:27 - Encourage Yourself16:39 - Understanding The NEW You20:46 - Overall Happiness Levels23:29 - Intentional Work26:08 - You Are Unique20:50 - 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 PlaySubmit Your Question Here!Create Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

In this episode of Ready for Retirement, James how to use Roth Conversions to protect your spouse's future.Questions Answered: What are the best ways to implement Roth Conversions?What are the best strategies to implement tax planning for your spouse?How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 1:45 - Roth Conversions3:23 - When To Implement6:52 - Income Assumptions9:27 - Taxable Income12:05 - Roth Conversion Planning14:35 - Surviving Spouse Tax Planning16:48 - Life Insurance Protection19:21 - Analysis Assumptions20:50 - 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 PlaySubmit Your Question Here!Create Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!