Retire With Style

Tax planning is the topic du jour for this week, as Wade and Alex discuss a recent article from Advisor Perspectives that Wade wrote with Joe Elsasser from Covisum. Wade describes the effective marginal tax rate approach for managing Roth conversions and taxable distributions in retirement. This matters because of the nonlinearities facing retirees with their taxes, which include the Social Security tax torpedo, Medicare IRMAA surcharges, preferential income stacking, and the surprises created by RMDs. Tune in and uncover how to navigate the many pitfalls and traps facing retirees in the US federal tax code. Listen now to learn more!   Links The article discussed is available at: https://www.advisorperspectives.com/articles/2023/11/13/managing-taxes-retirement-effective-marginal-rate Registration is open for the Consumer Retirement Income Challenge hosted by the team at Retirement Researcher! Join us December 4th-7th for this FREE 4-Day event by visiting: https://risaprofile.com/podcast    This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

Wade and Alex discuss with Rob Cordeau, CFP®, RICP®, CHFC®, the most frequently dealt with year-end planning topics that he discusses with clients. As we near the end of year, there are various deadlines that should be addressed to help maximize your investment and planning experience. In addition, as you get a better sense of your income and tax brackets, we review a few wins that you should consider taking advantage of and a few “potholes” that you want to avoid. These items are well within your control and make a meaningful difference to your retirement income potential. Listen now to learn more!    Links  If you'd like to speak with someone at McLean Asset Management about your year-end planning decisions or any other financial planning topic, you can get in touch at: www.mcleanam.com/review  Registration is open for the Consumer Retirement Income Challenge hosted by the team at Retirement Researcher! Join us December 4th-7th for this FREE 4-Day event by visiting: https://risaprofile.com/podcast      This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

Learn how the RISA® Framework helps married couples with different retirement income styles find a satisfying retirement plan. Explore compromises, protected income strategies, blending approaches, and the importance of decision-making in retirement planning.

Rob Cordeau, Managing Director of Wealth Management at McLean Asset Management, discusses practical implementation of Time Segmentation in retirement planning. Topics include bucketing assets for financial goals, behavioral benefits in investments, creating income streams with CD and bond ladder strategies, balancing rules and flexibility in financial planning decisions, and rearchitecting a bond portfolio for stability.

In this episode, Wade and Alex explore different methods for refilling short-term spending buckets in Time Segmentation strategies. They discuss how some methods can worsen financial outcomes while others can improve them through a dynamic asset allocation approach. Listeners are encouraged to learn more about Retirement Researcher's Academy membership site and download a free eBook on retirement income investing.

Last week on Retire With Style, we decided to do something a bit special to celebrate this major milestone of 100 episodes and we invited our frequent flyer, Bob French along for the ride. We hosted a special Q&A session on YouTube Live where we answered your burning retirement planning questions live on air!  Listen now to hear Part 2 of the live session.    Links Be sure to follow our podcast YouTube channel as we look forward to doing more of these live sessions in the future: https://www.youtube.com/@retirewithstylepodcast   This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

It's an occasion to celebrate! This week on Retire With Style, we decided to do something a bit special to celebrate this major milestone of 100 episodes and we invited our frequent flyer, Bob French along for the ride. We hosted a special Q&A session on YouTube Live where we answered your burning retirement planning questions live on air! We are beyond thrilled and forever humbled by your continued support of this podcast. Here's to 100 more! Listen now to hear Part 1 of the live session.    We have officially closed our 100th-episode Celebration Giveaway with Retirement Researcher! The Winners have been contacted - so please check your inbox for a message from the team at RR. Thank you so much for entering our giveaway and we hope to host more of them soon!    Links Be sure to follow our podcast YouTube channel as we look forward to doing more of these live sessions in the future: https://www.youtube.com/@retirewithstylepodcast   This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

Explore the concept of time segmentation as a retirement income strategy, contrasting it with total returns investing. Discuss asset dedication, aligning assets with financial goals, and utilizing bonds for contractual protection. Learn about the benefits of time segmentation in retirement planning and the incorporation of a rising equity glide path for better asset allocation.

This week we finish our inflation quadrilogy with Bob French of Retirement Researcher. In previous episodes, we have talked about the different tools at our disposal to deal with inflation, but now we need to look at how to use those tools. Using the different RISA® styles as our guide, we discuss how you can deal with inflation risk in your own retirement income plan. Listen now to learn more!   Links  If you haven't already, visit www.risaprofile.com/style to take the RISA® questionnaire for yourself and discover your Retirement Income Style.  Purchase access to the Academy Workshop entitled, "Managing Inflation In Your Retirement Income Plan" hosted by Bob French at Retirement Researcher by clicking here: https://retirementresearcher.com/managing-inflation-rws      This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

This week on Retire With Style, Wade and Alex are joined (yet again) by Bob French, of Retirement Researcher, to look at how you can use reliable income sources (even beyond your Social Security benefits) to deal with inflation. Using reliable income to manage inflation risk is a little bit more complicated than using your investments, but it does allow you to lock in your spending power in a way that you just can't with risky investments. And we look at how you can do so. Listen now to learn more!    Links Click here to learn more about the Retirement Researcher Academy membership site: https://retirementresearcher.com/academy-rws Purchase access to the Academy Workshop entitled, "Managing Inflation In Your Retirement Income Plan" hosted by Bob French at Retirement Researcher by clicking here: https://retirementresearcher.com/managing-inflation-rws    This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips