Retirement Rescue Radio is a weekly podcast with Author, Financial Advisor, Fiduciary, Husband, Father, and Blackbelt, Nate Miller, Founder of Miller Retirement Group headquartered in the heart of the midwest; Lawrence, Kansas. If you are a retiree, or pre-retiree, this podcast is for you. In it, he…
The Retirement Rescue Radio podcast, hosted by Nate Miller, is a must-listen for anyone anticipating and enjoying retirement. This informative podcast provides a wealth of knowledge on retirement planning and offers valuable insights on how to make the most of your retirement years. One of the best aspects of this podcast is Nate's ability to create a relaxed atmosphere for his listeners. His interviewing style is engaging and he has a knack for making complex topics easy to understand.
One standout episode was Nate's interview with Nancy Collamer, where they discussed finding purpose in retirement and generating additional income. This episode provided practical advice and actionable tips for retirees who want to stay active and financially secure during their golden years. I appreciated how Nate delved into these topics with depth and nuance, providing listeners with valuable information that they can apply to their own lives.
Another great aspect of this podcast is Nate's commitment to thorough research. He does the homework that many of us do not have the time or resources to do ourselves, which ensures that his content is accurate and reliable. His dedication to sharing incredible information shines through in each episode, leaving listeners feeling educated and empowered.
While there are no major drawbacks to The Retirement Rescue Radio podcast, some listeners may find that certain episodes cater more towards advanced topics in retirement investing. However, Nate does an excellent job at explaining complex subjects in plain English, making them accessible even for those who may not be well-versed in finance or investing.
In conclusion, The Retirement Rescue Radio podcast is a gold mine of information for anyone concerned about their financial future in retirement. Nate Miller's expertise and ability to simplify complex subjects make this podcast highly recommended for retirees or those approaching retirement age. Whether you're looking for advice on generating additional income or understanding how to make better educated decisions regarding your ultimate retirement plan, this podcast has something valuable to offer. Keep up the great work, Nate!
Nate discusses how to use certain marketing conditions to your advantage combined with Donor Advised Funds to donate more money to charity in a tax savvy way. Source: https://www.google.com/finance/quote/TSLA:NASDAQ?sa=X&ved=2ahUKEwjaquOr5aKMAxVWHNAFHSXNEJwQ3ecFegQIPxAf
Nate discusses a video that has been making its rounds among his clients that is simply a fear mongering advertisement to sell more newsletter subscriptions and should not be taken seriously. Source: https://www.retirementwatch.com/offer/rw-default?source=RWDD8715T&step=0&CID=434710&AFID=506988&CLICKID=01_177173239_16f527e5-17dc-4e86-a4ca-263b15cb6e5f https://www.retirementwatch.com/offer/rw-default?source=RWDD8715T&step=1&CID=434710&AFID=506988&CLICKID=01_177173239_16f527e5-17dc-4e86-a4ca-263b15cb6e5f
Nate discusses the new Act and the positives and negatives of it, and how it could impact retirees and the Social Security Trust Fund. Source: https://www.thinkadvisor.com/2025/01/05/biden-signs-social-security-fairness-act-/?kw=Biden%20Signs%20Social%20Security%20Fairness%20Act&utm_source=email&utm_medium=enl&utm_campaign=newsroomupdate&utm_content=20250105&utm_term=ta&oly_enc_id=4791J5393367D8I&user_id=7dece68a50d12914b4929182d0b4cb5001dd82cb0e00296b32af6f59bb259b0a https://www.thinkadvisor.com/2025/01/03/debate-is-the-social-security-fairness-act-fair/?kw=Debate%3A%20Is%20the%20Social%20Security%20Fairness%20Act%20Fair%3F&utm_position=1&utm_source=email&utm_medium=enl&utm_campaign=lifehealthweekender&utm_content=20250105&utm_term=tadv&oly_enc_id=4791J5393367D8I&user_id=7dece68a50d12914b4929182d0b4cb5001dd82cb0e00296b32af6f59bb259b0a https://www.thinkadvisor.com/2024/12/30/social-security-fairness-act-could-cause-new-problems/?kw=Social%20Security%20Fairness%20Act%20Could%20Cause%20New%20Problems&utm_position=1&utm_source=email&utm_medium=enl&utm_campaign=weekendreview&utm_content=20250104&utm_term=tadv&oly_enc_id=4791J5393367D8I&user_id=7dece68a50d12914b4929182d0b4cb5001dd82cb0e00296b32af6f59bb259b0a https://www.thinkadvisor.com/2024/12/27/social-security-fairness-act-calls-for-2024-back-payments/?kw=Social%20Security%20Fairness%20Act%20Calls%20for%202024%20Back%20Payments&utm_source=email&utm_medium=enl&utm_campaign=earlywire&utm_content=20241230&utm_term=tadv&oly_enc_id=4791J5393367D8I&user_id=7dece68a50d12914b4929182d0b4cb5001dd82cb0e00296b32af6f59bb259b0a
Nate discusses the positives and negatives about the Trump tariffs and how they could affect prices, the market, and retirees' investments. Source: https://www.washingtonpost.com/opinions/2024/10/28/jeff-bezos-washington-post-trust/ https://pmc.ncbi.nlm.nih.gov/articles/PMC7255316/#:~:text=The%20wasteful%20effects%20of%20protectionism,marginally%2Dsignificant%20increase%20in%20unemployment. https://taxfoundation.org/research/all/federal/tariffs/ https://www.investopedia.com/news/what-are-tariffs-and-how-do-they-affect-you/ https://www.dailywire.com/news/trump-promises-tariffs-on-all-products-from-mexico-until-it-curbs-flow-of-migrants-into-u-s https://www.dailywire.com/news/trudeau-says-he-had-a-good-call-with-trump-after-threat-of-tariffs https://www.dailywire.com/news/trump-unveils-tariff-ultimatums-against-canada-mexico-and-china https://www.dailywire.com/news/the-art-of-the-tariff-how-trump-can-help-save-the-middle-class
Nate has heard multiple times that Trump wants to cut Social Security, hearing that the source of those concerns was project 2025, so he downloaded all 922 pages, and gets to the bottom of it. Source: https://static.project2025.org/2025_MandateForLeadership_FULL.pdf
Nate discusses the cost of living adjustment increase for 2025 along with the Medicare premium increase, and again tries, possibly in vain, to temper election season emotions. Source: https://www.thinkadvisor.com/2024/10/10/social-security-cola-for-2025-set-at-2-5/?kw=Social%20Security%20COLA%20for%202025%20Set%20at%202.5%25&utm_source=email&utm_medium=enl&utm_campaign=newsroomupdate&utm_content=20241010&utm_term=ta&oly_enc_id=4791J5393367D8I&user_id=7dece68a50d12914b4929182d0b4cb5001dd82cb0e00296b32af6f59bb259b0a https://www.aarp.org/retirement/social-security/info-2024/cola-set-for-2025.html#:~:text=In%20their%202024%20annual%20report,a%20month%20for%20most%20recipients.
Nate discusses a few articles around the theme of underspending in retirement and why some retirees may be hesitant to spend money in retirement, even if their strategies show that they could spend higher amounts. Source: https://www.morningstar.com/retirement/tips-help-you-spend-less-or-more-retirement https://www.forbes.com/sites/timmaurer/2023/09/24/scared-to-spend-overcoming-the-retirement-cycle-of-fear/?sh=4937ce036c5f https://www.msn.com/en-us/news/us/the-anxiety-of-spending-money-you-definitely-have/ar-AA1ojOvF
Nate discusses Kamala Harris's 25% proposed tax on unrealized capital gains. Sources: https://www.forbes.com/sites/robertwood/2024/08/29/kamala-harris-plan-to-tax-unrealized-capital-gain-is-scary-heres-why/ https://www.forbes.com/sites/robertwood/2024/08/28/kamala-harris-has-big-plans-for-your-taxes-here-is-what-you-could-pay/ https://www.politifact.com/factchecks/2024/aug/30/facebook-posts/harris-backs-an-unrealized-capital-gains-tax-it-wo/ https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/
Nate is once again fed up with the narrative of the rich not paying any taxes. Literally every single tax comment that came out of Biden's mouth is wrong. And not subjectively wrong, not politically wrong, they are every one of them objectively, factually wrong. Source: https://taxfoundation.org/data/all/federal/summary-latest-federal-income-tax-data-2023-update/#:~:text=The%20top%201%20percent%20earned,the%20bottom%2090%20percent%20combined https://www.forbes.com/advisor/business/average-salary-by-state/ https://www.politifact.com/factchecks/2021/apr/12/joe-biden/fact-checking-joe-biden-corporation-taxes/ https://drilldownsolution.com/how-billionaires-avoid-taxes/ https://www.washingtonpost.com/politics/2021/10/21/bidens-favorite-stat-that-55-major-corporations-paid-no-federal-income-tax/ https://www.politifact.com/factchecks/2023/nov/29/joe-biden/is-joe-biden-right-that-republicans-would-cut-soci/
Nate discusses an article that explains the changes to the Social Security System that Retirees would be willing to make in order to shore up the reserves and bring it back to solvency.
Nate interviews Advisor Josh Miller on some very specific nuanced social security claiming strategies.
Nate interviews Matt Black who busts some myths surrounding retirement.
Nate discusses strategies to retire early and get the income you need while still qualifying for the ACA tax credits. Sources: Health Insurance Marketplace Calculator HealthCare.gov - Count Income & Household Size
Nate discusses a specific claiming strategy that received a major overhaul in 2015. Source: Social Security Filing Rules for Retirement and Spouses Benefits
Nate takes us through some of the questions you should be asking if you are part of the KPERS system, as well as other considerations to help make your pension and lump sum decisions.
Nate discusses how to tell what kind of financial advisor you will hear from at retirement workshops based on the disclosures on the invitations. He also gives an update on the markets and interest rates and where he expects the market to go this year. Source: AE Wealth Management
Nate discusses his opinion on the debt ceiling issue and its use as a political negotiating tool and whether or not you should be concerned about it. Source: https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
Nate discusses setting good goals for the year, and gives his perspective on the last quarter of 2022, and the outlook for 2023.
Nate goes through the Secure Act 2.0 legislation, highlights important or interesting aspects, and offers his commentary on the impact to retirees.
Nate discusses the new Social Security COLA, some end of year IRA planning, and some thoughts around what needs to happen to lower inflation and set 2023 back on track.
Nate discusses some myths surrounding annuities and attempts to shine more of a balanced explanation of when they could be a useful tool during retirement.
Millennials want to retire at 50, but aren't saving nearly enough, and studies show that a lot of people plan to work in some fashion in retirement. Sources: NY Times, CNBC
Nate discusses the recent student loan forgiveness and what that could mean for your retirement. Sources: Kitces.com Note PD Best Colleges NCES.ed.gov
Nate discusses 5 specific tax strategies to help retirees lower their overall lifetime tax liability, and gives examples of combining strategies to make an even bigger impact on your tax bottom line.
Nate discusses a couple articles and gives his perspective on a survey of over 1000 American adults and shares his thoughts on doing a cash out refinance of one's home. Sources: kitces.com - Weekend Reading for Financial Planners July 30-31 kitces.com - Consumers are Keeping More Cash on the Sidelines
Josh asks Nate his opinion on a variety of financial and retirement topics. Key takeaways and questions: Savings for college in a 529 Do I need life Insurance? Should I sell mom's house before she goes into a nursing home? Source: ThinkAdvisor
Nate gives perspective around bear market declines to help give peace of mind for investors today. Key takeaways: Is a recession coming? When does a market enter a bear market? How often to bear markets happen? Source: Hartford Funds
Nate and Richard discuss several aspects of retirement including midlife financial crisis, keeping a schedule even when retired, and ways to discern whether or not the information that you find online could be biased. You can follow Richard on Twitter and LinkedIn! Check out Richard's podcast, Friends Talk Money, available on Apple Podcasts. You can also Richard's Marketwatch Blog: The View from Unretirement
Nate & Don discuss why your identity is not defined by what you get paid to do. Key takeaways: What is an actuary? “Life Two” Book Working in retirement How do figure out “what to do” in retirement Fear of running out of money Short term vs long term happiness
Nate and Ashton discuss some of the challenges surrounding Ageism, and what people can do to bring more awareness to it, and decrease it's affects in your life. Click here for Ashton's Book, This Chair Rocks Other sites: www.oldschool.info https://thischairrocks.com/ Key takeaways: Social Movements Ageism – Age Liberation Movement Building a more equitable world
Nate discusses some myths surrounding the narrative that the rich don't pay their fair share of taxes. Source: Tax Foundation Key Takeaways: Income Tax Shares Income Percentiles Tax Brackets Do the rich pay their fair share in taxes? Adjusted Gross Income
Nate and Linda Fodrini-Johnson discuss aging, the difference between dementia and Alzheimer's, and practical steps to having those difficult conversations about geriatric care. How to recognize cognitive impairment, how to talk about it with a loved one, and how to get help when you need it. Click here for Linda's book, The Empowered Caregiver: Practical Advice and Emotional Support for Adult Children of Aging Parents Key takeaways: How can you protect your mental health? How to keep your brain healthy in retirement Advocates in Retirement When to be concerned about dementia & Alzheimer's Caregiving and Home Health Care
Nate discusses different experiences of long-term cruisers as well as affordability options for people that want to try their hand at long-term cruising in retirement. Source: CNN Travel Key takeaways: Traveling in Retirement Holland America & Carnival Expenses in Retirement Residential Cruise Ships Airbnb your Home
Summary: Nate discusses what phantom capital gains are, where they come from, how they affect your tax situation, and what you could possibly do to avoid them in the future. Sources: https://www.investopedia.com/terms/p/phantomgain.asp#:~:text=A%20phantom%20gain%20is%20a,may%20have%20declined%20in%20value. https://retirementrescueradio.com/episode-118-donor-advised-funds/ Key takeaways: Tax Day 2022 Mutual Funds ETF's After Tax Accounts Trusts
Nate discusses some basics of Social Security that everyone should be aware of. Source: ThinkAdvisor Key takeaways: Full Retirement Age (FRA) Delayed Retirement Credit Divorced Spouses How is social security taxed? Which states tax social security? Will social security reserves run out?
Nate sheds light on the confusion surrounding the IRS's Roth IRA 5-year rule. Three types of Roth accounts this affects: Contributions Conversions Inherited IRS pecking order of withdrawals Contributions first Conversion second Growth or earnings third
Nate discusses the absurdity of a new Biden tax proposal. Sources: Think Advisor The New York Times Congressional Budget Office Key takeaways: Income over 100 million dollars Taxes Government Budget Billionaire Tax Estates & Capital Gains Passing on wealth to kids
Nate discusses some of the new interpretations behind the 10 year distribution rule of IRA money after the passage of the Secure Act, and the consequences of getting it wrong. Source: https://www.thinkadvisor.com/2022/03/14/ed-slott-new-irs-secure-act-regs-are-an-rmd-nightmare/ Key takeaways: Stretch IRA Types of Beneficiaries Trusts Roth IRA Spousal Rollovers
Nate and Josh discuss questions received through the podcast email inbox. Key takeaways: Life Insurance Bank Assets Big Purchases in Retirement Home Equity Loans Policies and plans for grandkids Inflation Market corrections
(This is a hypothetical example provided for illustrative purposes only; it does not represent a real life scenario, and should not be construed as advice designed to meet the particular needs of an individual's situation. Cannot guarantee the accuracy or completeness of the software used to display results or the outputs. Please remember that converting an employer plan account to a Roth IRA is a taxable event. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.) Nate illustrates why the concern over having less money in your account to compound due to taxes paid on a Roth IRA conversion is the wrong way to think about it. Key takeaways: Converting to a ROTH Taxes on distributions Tax Brackets in retirement IRS Present value of money Click here to see the source for today's episode!
Nate interviews Dr. Glen Robison about his book titled “Healthy Dad Sick Dad: What Good Is Your Wealth If You Don't Have Your Health?”. Book Link: https://www.amazon.com/Healthy-Dad-Sick-Wealth-Health/dp/1544520743 Key takeaways: Nutrition in Retirement Detoxing Diet Types Dr. Robison recommends 3 things you can put into practice for better health
Nate talks about generating an income stream from your assets in retirement. Key takeaways: Nate explores some different vehicles that are available to help create income in retirement He explains why it's important to have a withdrawal plan
In this Best of RRR, Nate discusses the different areas of you can put your money and the possible benefits in his Annuity Series, “Cutting through the Crap!” Key takeaways: Nate outlines the different areas you can put your money and the possible benefits He talks about how there is no perfect investment out there He explains The Rule of 100
Nate interviews Carl Honoré on the benefits of slowing down our busy lives and growing bolder rather than older. Key takeaways: FOMO Slowing Down in Retirement COVID and the “slow movement” Ageism Stages of Life – are the relevant in retirement?
Nate interviews Jim Bowman, President of Life Insurance at Advisors Excel, about a new concept that is a great alternative to cash. This information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation. None of the information contained herein shall constitute an offer to sell or solicit any offer to buy any investment or insurance product. The information and opinions presented by Jim Bowman are his alone and do not necessarily reflect the views of the firm providing you with this content, or Advisors Excel or AE Wealth Management, LLC. Jim Bowman is not a client of Miller Retirement Group and does not endorse the firm. All individuals should make their own evaluation of the firm and their services. Jim Bowman is president of Life Insurance at Advisors Excel. Advisors Excel receives compensation for facilitating the sale of life insurance. Advisors Excel and Miller Retirement Group are independent entities. Key takeaways: Cash Alternative Life Insurance Preparing for retirement Surrender Charges Legacy Accel Liquidity Tax Free Death Benefit Chronic Illness Rider
Nate and Josh discuss questions received through the podcast mailbox. To ask a question, simply email asknate@retirementrescueradio.com Key takeaways: Pensions Retirement Income Analysis Saving in Retirement
What we've been told about the tax savings in these plans is a lie. Key takeaways: How did they sell it to us? Who stands to benefit from it? Nate gives a hypothetical example of how one could potentially end up paying more taxes in retirement that you saved during your working career! What to do instead to help avoid that happening. What amount should you have in these plans when you retire to help avoid paying tax on your Social Security income.
Yani is co owner of Unity Gym and helped develop the “Foundational Movement System.”
Nate shares tips for setting and achieving New Year's resolutions or as he calls them, goals. He also share some of his own goals and thought processes that he goes through to make sure that he is successful with his own. Source: https://www.goskills.com/Soft-Skills/Resources/Top-10-new-years-resolutions Key takeaways: How to set measurable goals New Year's Resolutions Money Fitness
Nate has a little fun going over 20 quotes about money and quizzes you on who it's attributable to. Test your financial “knowledge”! Source: https://www.wealthmanagement.com/people/how-well-do-you-know-famous-money-quotations/gallery?slide=1 Key takeaways: Time is money Quotes on money Test your financial knowledge! Investing Share values
Nate interviews Dorian Mintzer on the bonus years and how to find happiness in retirement. Resource List – https://revolutionizeretirement.com/giveaway/ Free Monthly Webinar - https://revolutionizeretirement.com/bandbsig/ Book: https://www.amazon.com/Couples-Retirement-Puzzle-Must-Have-Conversations/dp/1402295901/ref=sr_1_3?keywords=the+couples+retirement+puzzle&qid=1638988940&sr=8-3 Key takeaways: Embracing your bonus years Optimism Ageism Hobbies in retirement Finding your identity in retirement