Retirement Today

On this episode, we discuss Social Security and the reasons you should consider for taking it earlier or later.

This is the episode where I am king for a day. For this episode, my law is this: Dear Government, if you cannot balance a budget, then you are not eligible for reelection.

Today we're going to talk about a topic that I call the power of zero. If you've ever talked to an investment advisor, you've probably heard them tell you that they're going to help you get a higher return with less risk. The focus is on getting a higher return, and that's the end of the risk discussion. People often mess up investing because they don't understand the impact that risk has on their retirement savings.

As more companies eliminate pension plans, many people are beginning to face the harsh reality that the responsibility for their retirement is on their own shoulders. Congress has done very little in the face of years of warnings that Social Security may be running into trouble. Many Americans are just like Congress when it comes to saving for retirement. They ignore the problem even when many signs indicate that the situation is only going to get worse. 

The things that get you to retirement should not be the same things that keep you in retirement. Recognizing that retirement is a fundamental shift requires you to implement a shift in your planning. Tune into this week's episode of Retirement Today, where Mike explains how everything changes in retirement!

Fear can hold you back from making the right decisions, and in retirement there are some very rational fears that can be overcome. Tune into this week's episode of Retirement Today, where Mike explains why fear can hurt your retirement.

There's been a lot of turbulence in the market recently, and people nearing retirement have a lot of concerns. Tune into this week's episode of Retirement Today, where Mike explains why you need a real retirement plan for 2023.

If you're nearing retirement, it's our duty to inform you of the increasing risks you face in retirement! Tune into this week's episode of Retirement Today, where Mike explains why retiring is harder than ever!

When entering retirement you should not have to rely on the success of the stock market to keep you afloat. Tune into this week's episode of Retirement Today, where Mike explains how to win when the market is down!

As the market is in a tricky place currently, it is a good time to discuss how you can diversify your portfolio and lose as little to taxes as possible!

Your portfolio might not be set up the right way for a bad market environment. How much risk is too much risk? Tune into this week's episode of Retirement Today, where Mike explains how to protect yourself in a bad market!

To retire RIGHT, you need to consider how income and tax planning fit into your retirement plan! Tune into this week's episode of Retirement Today, where Mike explains the priorities of retirement planning!

The importance of proper tax planning is ever more important with the rise of inflation, and policy changes. Tune into this week's episode of Retirement Today, where Mike explains how We Can Fix Your Tax Plan

Nearing Retirement? Here are some important questions to consider. Tune into this week's episode of Retirement Today: I'm Retiring Soon. What Do I Need to Do?

If your retirement plan consists of a 401k and an investment plan, you are most likely unprepared for retirement. Here are 3 reasons why you need a new advisor in 2022.

People are wanting to retire earlier and earlier every year. However, are you truly retirement ready? Tune into this week's episode of Retirement Today, where Mike explains the 3 Things to Save Your Retirement.

Retirement is something more and more Americans cannot afford. Retiring with no savings, or just on social security. Tune into this week's episode of Retirement Today: Retirement Crisis 2022: What to Save

Is your current advisor talking to you about your tax future? Your health? RMDs? Is your advisor claiming that you're all good and set for retirement, but you still have this questions? Tune into this week's episode of Retirement Today, where Mike explains why might need to update your retirement plan for 2022.

Social security is a meaningful part of a lot of folks' retirement funds. However, there can be a lot of questions on when to take it. Tune into this week's episode of Retirement Today, where Mike explains when to take social security, and the impacts that might have.

When you consider the fact that your retirement savings might have to last you around 30 years, you must consider all the potential risks to your finances. Tune into this week's episode of Mike on Money, where Mike and Zach highlight an article that dives into the potential risks to your retirement.

Wealthy people are wealthy due to smart financial choices. For a successful retirement, there's a few important choices to make, to keep your wealth going into retirement. Tune into this week's episode of Retirement Today, where Mike shares his experience guiding a wealthy couple into a successful retirement.

In this week's episode of Retirement Today, Mike discusses the biggest retirement fears, and provides meaningful and simple solutions to your worries. Tune into this week's Retirement Today!

Even after financial crises, the financial industry is still suggesting the same advice. Mike explains how the financial industry never learns, and what to do instead.

When you're goals for retirement have been met, your goals then shift. Your planning must reflect this. Tune into this week's episode of Retirement Today, where Mike illustrates why you need to shift your retirement goals.

Small mistakes are magnified when it comes to retirement. Listen to Mike explain the mistakes you want to avoid in retirement.

A retirement focused advisor will have a lot more in-depth knowledge to help you transition into the best phase of your life. Tune into this week's episode of Retirement Today, where Mike explains Retirement Advisor vs Financial Advisor.

In 2021, more people are retiring than ever. With everyone retiring, we thought it best to remind you what you need to have prepared, and why retirement saving is so important. Check out this week's episode of Retirement Today, where Mike and Zach cover the Great Resignation of 2021.

To plan for a stable flow of retirement income, there are many areas to be prepared for. Your retirement income can be affected by taxes, health, and government. You need to be ready for all. In this week's episode of Retirement Today, Mike covers the risks to your retirement income that many advisors overlook, and answers: what retirement income do I need?

Conventional retirement wisdom may have been useful at some point in history, but it is no longer the right guidance. Tune into this week's episode of Retirement Today, where Mike breaks down some avoidable retirement mistakes.

Risk profile questionnaires can be helpful while your are trying grow your assets, but your retirement is much more nuanced and requires more planning that a multiple choice quiz. Learn why you should stop retiring this way, on this episode of Retirement Today.

Your financial advisor might be telling you that you're ready to retire. But have they talked to you about the necessary tax and income planning necessary to keep yourself in retirement? Check out this week's episode of Retirement Today, where Mike explains why you might not be ready for retirement.

Investing for retirement is very different than investing in retirement. Where do your priorities lie in your retirement investments? Growth? Risk? Check out this week's episode of Retirement Today, where Mike explains what you need to think about before transitioning into retirement.

Pay a lot of tax initially is an off-putting idea, especially when reducing taxes is your goal. But when you look at the long road ahead, paying your Roth conversion tax upfront can have a lot of benefits. Check out this week's episode of Retirement Today, where Michael Reese explains why you should pay tax now, instead of later.

How much do you need to retire? This is the question on everyone's mind, but is there a simple answer? In this week's episode of Retirement Today, Mike answers, if you're nearing retirement, have you saved enough?

Has anyone shown you what your future with taxes will look like? Tax planning is an essential aspect of retirement planning that can bite hard if not cared for. Tune into this week's full episode of Retirement Today, where Mike explains how you can pay less tax.

Getting older brings health complications that you must prepare. Having a solid plan for the future of your healthcare will help entering retirement to be as easy and comfortable as possible. Check out this week's episode of Retirement Today to hear Mike explain why you need to ensure you have a plan for healthcare.

When you take a loan out to buy a house, your loan repayment is typically set to a fixed rate, unless you decide otherwise. Taking money out of your 401k? The taxes can vary greatly! Check out this week's episode of Retirement Today, where Mike talks about good debt vs bad debt.

When you're retiring, it's easy to look at whatever you've saved and think that you're fine, but what lifestyle are you trying to live? Are you trying to live similar, or better than you are now? In which case, you'll need to replace your income. Check out this week's episode of Retirement Today, where Mike explains how NOT to retire.

A common concern is if you have saved enough to retire when you want. Have you saved enough for retirement? Is that even the right question you should be asking? Tune in to this week's episode of Retirement Today, where Mike explains how much money you need to retire.

Don't enter retirement thinking that your retirement savings and Medicare will cover you. You need to be prepared for any outcome, and the demand for long term care is increasing, which isn't covered by Medicare. Tune into this week's episode of Retirement Today, where Mike explains how to protect your health in retirement.

The market is currently the highest it's ever been. Don't count on it staying that way. Don't get caught when the market goes south. Tune in to this week's episode of Retirement Today, where Mike explains how to prepare for a market crash.

As you get older, and your life begins changing, your tax situation changes with you. Normally, this results in you landing in a much higher tax bracket. Tune into this week's episode of Retirement Today, where Mike explains how you will pay more tax in retirement.

With the market being at it's most over-valued stage, an impending market crash does not seem likely. You need an income plan in order to secure a financially secure retirement. Check out this week's episode Retirement Today, where Mike explains the necessity for an income plan.

Being financially secure encompasses planning for all of your potentially financial situations. Preparing for all tax, health and life situations is key securing your financial life. Tune into this week's episode of Retirement Today, where Mike describes achieving financial security.

There's a lot of opinions on whether someone needs life insurance. While there can be hesitancy on the topic, when life insurance is designed correctly it can be a valuable tool in retirement. Check out this week's episode of Retirement Today, where Zach and Mike explain why the wealthy don't ignore life insurance.

As you approach your retiring years, you also approach a storm of tax issues that can be disastrous without the proper planning. Is your 401k a tax nightmare? What is there to fix it?

Ever wondered how rich stay rich? This week's episode of Retirement Today covers the best and most reliable investment strategy that will help you maintain financial security over a long period of time. Check out this week's Retirement Today, where Mike explains how the wealthy stay rich.

Taxes are inevitable, everyone has to pay taxes. Yet, as guaranteed as taxes are, the rate in which you'll have to pay them is one of the greatest financial. risks entering retirement. In this week's episode of Retirement Today, Mike talks about tax planning to avoid the IRS.

How do politicians get people to support raising taxes? When they sell as it as a tax on the rich, it sounds a lot better. But is this what they're doing? Listen to this week's episode of Retirement Today, where Mike explains how politicians lie to sell tax hikes.

Amongst the new proposed changes to the US tax code are changes to capitol gains and step up in basis. Learn more about what this means on this week's episode of Retirement Today.

Biden has proposed some big changes to the tax code. These changes are sold as 'taxing the rich', however, Mike reveals how these changes will impact everyone. Listen to this week's episode of Retirement Today, where Zach and Mike discuss Biden's terrible tax plan