Retire With Style

[Best of 2023 Repost] Ep.53: How do the Financial Markets Work?

With the New Year coming up quick, we wanted to highlight some of our best episodes to round out 2023. And we've saved the best for last! This week we'll be revisiting our conversation about how the financial markets work and why you (and your retirement plan) care (originally Episode 53). 
We'll be back with brand new episodes after the holiday season! Thanks for listening - and we'll see you in 2024! 
 
Repost from Episode 53
 
This week Wade, Alex, and Bob bring it back to basics and look at what - and why - the financial markets are. Understanding what's happening in the markets at a fundamental level is key to using them effectively in your retirement income plan. Plus, Alex finds out whether Wade or Bob would have been good plumbers (the answer is no.) Listen now to learn more!
 
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?"

[Best of 2023 Repost] Ep. 60: The Retirement Planning Guidebook- Helping you find the path to a great retirement

With the New Year coming up quick, we wanted to highlight some of our best episodes to round out 2023. This week we'll be revisiting our conversation about the release of the 2nd Edition of Wade's Retirement Planning Guidebook and how to set up the foundations of your retirement plan (originally Episode 60). 
We'll be back with brand new episodes after the holiday season! Thanks for listening - and we'll see you in 2024! 
 
Repost from Episode 60
In the episode, Wade and Alex discuss Wade’s bestselling book- the 2nd Edition of the Retirement Planning Guidebook, and how it sets an orderly foundation of all the questions you need to ask yourself as you ready yourself for the next chapter in your life. They also discuss the important differences and additions in this new edition that were not in the original. Listen Now to learn more!
 
Links 
Download the Book Updates Summary for the 2nd Edition of the Retirement Planning Guidebook: https://retirementresearcher.com/rpg2-updates 
Purchase your copy of the 2nd Edition of the Retirement Planning Guidebook today: https://retirementresearcher.com/amazon-RPG-2nd-Edition 
 
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

[Best of 2023 Repost] Ep. 65 The Ins, Outs, and everything in between of Social Security Claiming Strategies with Mary Beth Franklin

With the New Year coming up quick, we wanted to highlight some of our best episodes to round out 2023. This week we'll be revisiting our conversation with Mary Beth Franklin on Social Security claiming strategies (originally Episode 65). 
We'll be back with brand new episodes after the holiday season! Thanks for listening - and we'll see you in 2024! 
 
Repost from Episode 65 
In this episode, we welcome Mary Beth Franklin and discuss the various intricacies of social security claiming strategies. While there are basic decision trees that most of us know about, Mary Beth goes into detail regarding more nuanced strategies that can make a big difference in your payout. We also discuss Mary’s views on where she sees social security over the long term. Listen Now to learn more!
 
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

Episode 106: A reimagined approach to funding retirement income.

In this episode we sit down with Rebecca Meskin & Cara Reisman from Blackrock to discuss a paper we collaborated on; A reimagined approach to funding retirement income: Defining individual styles and solutions using the RISA® framework. During the conversation, we illustrate how the RISA framework can help individuals approaching retirement understand their retirement income style preferences, explore the way style preferences translate to certain retirement income strategies, and share the distribution of retirement income styles among the population surveyed in the RISA/BlackRock study. We also highlight the characteristics of solutions in a DC plan that were most attractive to the greatest number of respondents in the study. If you are contributing to a defined contribution plan or have a significant amount of your net worth in one, you’ll want to catch this episode. Listen now to learn more!
PLEASE NOTE: This episode will not be posted on our YouTube channel. We apologize for any inconvenience! 
 
Links 
Registration is currently closed for the Consumer Retirement Income Challenge hosted by the team at Retirement Researcher! Join the waitlist to be notified about the next session 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?"

Episode 105: Managing Taxes in Retirement using the Effective Marginal Tax Rate

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

Episode 104: Year End Planning Considerations

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?"

Episode 103: Using RISA® Framework to find the right retirement plan strategy between spouses

In today's episode, we discuss how married couples frequently do not have the same retirement income style and how the RISA® Framework is used to identify solutions so that both individuals can feel confident with a retirement plan that satisfies both retirement styles. Currently, simply “splitting the difference” on an investment portfolio allocation based on risk tolerances is far short of the mark and we discuss how the RISA® addresses these shortcomings and points to a better way. Listen Now to learn more!
 
Links 
Discover your Retirement Income Personality by signing up to take the RISA® here: https://risaprofile.com/style/
 
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

Episode 102: Practical Implementation of Time Segmentation with Rob Cordeau

On today's episode, Alex and Wade are joined by Rob Cordeau, CFP, RICP, ChFC, who is the Managing Director of Wealth Management at McLean Asset Management. He shares insights into how Time Segmentation strategies can be implemented in practice, and he comes with a lot of great analogies to help you think about whether this Retirement Income Style is right for you. Listen now to learn more. 
 
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?"

Episode 101: Uncovering How Time Segmentation Actually Works

Critics of Time Segmentation and bucketing have questioned whether there is any there, there. A big part of this relates to how Time Segmentation methods decide when to re-fill the short-term spending buckets. In today's episode, Wade and Alex discuss three proposed re-fill methods and describe how one may make things worse, how one is more in the middle, and how one can potentially improve financial outcomes. But for the one that can make things better, an important caveat is that it does so through a dynamic and aggressive overall asset allocation strategy. Listen now to find out if you have what it takes to make Time Segmentation work for your retirement. 
 
Links 
Click here to learn more about the Retirement Researcher Academy membership site: https://retirementresearcher.com/academy-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

Episode 100: YouTube Live Q&A w/ Bob French (Part 2)

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?"