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Stay Wealthy Retirement Show
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An award-winning retirement podcast dedicated to helping you: Lower Taxes • Invest smarter • Make Work Optional
Do you want to avoid overpaying the IRS in retirement? Or learn how to prepare for the next stock market crash? How about when to take Social Security and how to turn your investments into reliable retirement income?
Stay Wealthy Retirement Show
1w ago
Required Minimum Distributions (RMDs) begin at age 73 for most retirement savers.
These forced withdrawals can be a burden for those who don't need (or want) the taxable income.
Since they are “required,” many assume that they don't have any control over their RMDs.
But that’s not necessarily the case.
In fact, one of the 5 strategies I'm sharing with you today allows you to delay unwanted (mandatory) distributions well past age 73 ?
Applying these strategies and gaining control of your RMDs can potentially help you:
➤ Lower lifetime taxes
➤ Reduce catastrophic risks
➤ Improve risk-adjus ..read more
Stay Wealthy Retirement Show
1M ago
In the final episode of this series, I'm answering the BEST listener questions I've received about dividend investing.
Questions such as:
➤ If dividend investing is NOT a great way to create retirement income, what is?
➤ What dividend-focused funds should investors consider if they insist on investing for yield?
➤ What is the counterargument for stock buybacks? Why are some people against them?
Tune in to hear my answers to these great questions!
FREE RETIREMENT PLANNING RESOURCES:
Subscribe to the Stay Wealthy Retirement Newsletter!
As a thank you, you'll receive three (3) of ..read more
Stay Wealthy Retirement Show
1M ago
In today's episode, I'm sharing everything you need to know about stock buybacks.
Specifically, I'm sharing:
➤ Why stock buybacks are referred to as a "flexible" dividend
➤ What a stock buyback is (and how it works)
➤ How stock buybacks are more tax-friendly than traditional dividends
If you want to learn more about this increasingly popular "flexible dividend" strategy, you'll enjoy this episode.
FREE RETIREMENT PLANNING RESOURCES:
Subscribe to the Stay Wealthy Retirement Newsletter!
As a thank you, you'll receive three (3) of my MOST popular retirement & tax cheatsheets.
You'l ..read more
Stay Wealthy Retirement Show
2M ago
Today I'm continuing our multi-part series on Dividend Investing.
Specifically, in part two, I’m sharing:
➤ What the long-term performance has been for dividend-focused funds
➤ Why popular dividend investing charts can be incomplete (or misleading)
➤ The 3 primary reasons dividend strategies typically underperform
If you want to learn more about dividend investing and why it may not be the magical solution it's often marketed as, you'll enjoy this episode.
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FREE RETIREMENT PLANNING RESOURCES:
Subscribe to the Stay Wealthy Retirement Newsletter!
As a thank you, you'll receive ..read more
Stay Wealthy Retirement Show
2M ago
Today I'm kicking off a multi-part series on Dividend Investing.
While dividends are a normal occurrence in the global markets, their role in a retirement portfolio is often misunderstood.
➤ What is a dividend, and why do some companies pay them?
➤ How do they affect an investor's return?
➤ Where do dividends fit in the portfolio construction process?
➤ What are the little-known problems with this investment strategy?
➤ And what does my upcoming birthday have to do with dividends? ?
I'm covering all of these questions (and more!) in this investing series.
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FREE RETIREMENT ..read more
Stay Wealthy Retirement Show
3M ago
Today I'm sharing a story about a couple who lost $2 million to an investment scam.
I'm also sharing (new!) resources to help protect your personal data in 2024.
Financial scams are getting more sophisticated and losses are skyrocketing.
In fact, last year, Americans lost $10 billion to financial scams.
That’s $1 billion more than 2022, and is the highest-ever reported annual loss in FTC history.
Everyone is at risk.
And everyone needs to regularly take proactive steps to stay safe.
Tune in to learn more.
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FREE RETIREMENT PLANNING RESOURCES:
Subscribe to the Stay Wealthy Retirement New ..read more
Stay Wealthy Retirement Show
4M ago
There is no shortage of questions when it comes to navigating and planning for retirement.
➤ How much do I need to save?
➤ How do I optimize my tax bill and avoid overpaying the IRS?
➤ When do I take Social Security?
➤ What should I invest in? (And what should I avoid?!)
The list goes on.
And while you’ve likely read (or heard) helpful answers to most of the big questions, it never hurts to revisit them or get a different perspective.
In fact, some studies suggest that it can take hearing something 7 times before you retain it ?
Today on the show, I’m answering listener quest ..read more
Stay Wealthy Retirement Show
4M ago
Inflation hit a 40-year high of 9.1% in June 2022.
Today, inflation is hovering around 3%.
If inflation is back in line with long-term historical averages, why does everything still feel so expensive?
When voters were asked what they would most like to see improved in our economy...
...why did 64% of them say "lower prices?"
In this episode, I'm digging into the current state of inflation, why prices still feel high, and where inflation might be headed.
I'm also sharing tactics for how to successfully navigate challenging time periods.
If, like most retirement savers, things still feel o ..read more
Stay Wealthy Retirement Show
5M ago
Want an easy way to learn how the "Roth 5-Year Rule" affects your unique situation?
Subscribe to the Stay Wealthy Retirement Newsletter.
As a thank you, you'll receive my one-page flowchart (PDF) for navigating this confusing rule.
? Click here to join the newsletter!
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TODAY'S EPISODE:
The "Trump-era tax cuts" are set to expire in 2026.
In other words, retirement savers only have two more years to take advantage of today's lower tax rates.
One of the popular strategies to do this is through (aggressive) Roth conversions.
As a result, I’ve had more questions than ever about the wi ..read more
Stay Wealthy Retirement Show
5M ago
Today I'm talking through four (rarely-discussed) retirement planning misconceptions.
In fact, some of these misconceptions might not be misconceptions at all...
...they might be concepts that you've never even considered!
For example, is retirement planning a complex problem OR a complicated problem? (And why does it matter?)
And, should you develop a retirement plan from the outside in OR the inside out?
To help answer these important questions, I'm joined by Roger Whitney, host of the Retirement Answer Man podcast.
Along with being a great person and expert retirement plann ..read more