The Savvy Investor Podcast

A $5,000 Roth conversion that promises zero taxes sounds tempting but the fine print tells a very different story. In this episode, Mike and Ryan break down a real-world question that raises major red flags in retirement planning. They unpack how certain advisors frame “tax-free” strategies, why bonuses inside financial products can quietly create bigger tax bills, and how time horizons can make or break long-term outcomes. The conversation widens to the realities of today’s financial advice industry, from sales-driven recommendations to the importance of working with someone who can address taxes, income, and planning together. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

What if the biggest retirement surprise isn’t the market but the tax bill you never saw coming? Mike Canet and Lawrence Kiely unpack a real retiree’s regret and dive into why taxes often derail otherwise solid plans. The conversation centers on overlooked strategies tied to 401(k)s, Roth accounts, and after‑tax contributions, including how complexity—not savings discipline—creates costly blind spots. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

What if the retirement number you’ve been chasing was never the right one? This episode challenges the headline-driven belief that everyone needs the same seven-figure nest egg and explores why real retirement security looks different for every household. The conversation breaks down how income sources, cost of living, pensions, Social Security, market risk, and taxes shape what actually matters once the paycheck stops. Through real-world scenarios and practical framing, the discussion reframes retirement from a single savings target into a coordinated income plan—one that focuses on sustainability, clarity, and control rather than fear-based assumptions. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

Why are Americans feeling less confident about retirement even after strong market years? In this episode Mike Canet & Lawrence Kiely break down why fear, politics, and media noise cloud financial decision‑making, and how real retirement planning goes far beyond market returns. Hear stories of clients navigating RV dreams, inheritance hurdles, tax pitfalls, unexpected life events, and the emotional side of aging and legacy. Mike & Lawrence highlight what true holistic advising looks like: guiding people through every financial crossroads, not just investments. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

What if the secret to a confident retirement isn’t how much you’ve saved, but where you place it? In this episode, Ryan Herbert breaks down the real meaning of guaranteed income and why retirees with secure monthly sources often enjoy their money more. You’ll hear how to calculate what you truly spend, how to match that number with dependable income streams, and how to balance guaranteed funds with market‑based investments. Ryan also explores annuities, pensions, Social Security, and why the right mix is different for everyone. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

What if your retirement plan could weather any market storm without the guesswork? This episode dives into the realities of market ups and downs, why true diversification goes beyond just stocks and bonds, and how a well-crafted financial plan can protect your income and minimize taxes, no matter what the headlines say. Whether you’re worried about interest rates, inflation, or outliving your savings, this conversation offers practical insights for building a resilient retirement. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

What if your retirement plan isn’t worth the fancy binder it came in? Ryan Herbert dives into the hidden pitfalls of traditional retirement planning and exposes why many glossy plans leave retirees anxious and unprepared. He shares real stories of clients who discovered their plans were built on shaky assumptions and how a detailed, step-by-step approach can provide added peace of mind. Learn why understanding your income sources, realistic spending, and emotional readiness are just as vital as investment returns. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

Are you tempted to raid your 401k to wipe out debt before retirement? Discover why that move could cost you more than you think. Ryan Herbert dives into the real financial and tax consequences of paying off mortgages and other debts with retirement savings. Learn how lifestyle choices, tax brackets, and even Medicare premiums are affected and why a true income plan matters for lasting financial security. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

Are you unknowingly leaving your retirement savings stranded in cash? Ryan Herbert dives into the hidden risks of rolling over your 401(k) and letting your money sit idle. Discover why “paralysis by analysis” keeps investors from making smart moves, the pitfalls of market timing, and practical alternatives like annuities and structured notes. Learn how to make your wealth work harder, minimize risk, and plan for a secure retirement all before the year ends. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

Does your CPA really know how to properly tax pan? Mike Canet & Ryan Herbert dive into real stories of retirees and business owners who trusted advisors only to discover costly mistakes in their financial and tax planning. They reveal how a second opinion saved one client over $15 million in taxes and helped another family untangle a web of annuities. Learn why “going along” isn’t always in your best interest, and how proactive planning can protect your wealth. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

What if your biggest retirement asset is also your biggest tax trap? Ryan Herbert dives into the realities of 401(k) withdrawals, required minimum distributions (RMDs), and how shifting tax laws could quietly erode your nest egg. This episode unpacks why following “Uncle Sam’s plan” may cost you far more than you expect and how proactive tax planning can save hundreds of thousands over your lifetime. Learn the pitfalls of relying on default strategies, the impact of future tax rates, and actionable steps to protect your legacy. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

What do Thanksgiving-flavored Oreos have in common with mutual funds? Sometimes, what looks exciting on the shelf doesn’t deliver in reality. In this episode, Ryan Herbert dives into the world of target date mutual funds and exploring why these “set it and forget it” investments may not be as safe as they seem, especially as retirement approaches. Learn how marketing hype can mask hidden risks and fees, and discover a smarter approach to retirement planning that’s tailored to your goals, not just your age. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

What if your retirement income could be as reliable as your old paycheck? Ryan Herbert dives into the real-world confusion around TIAA accounts, annuities, and the strategies that can turn your nest egg into a steady stream of income. He breaks down the pros and cons of annuities, the risks of relying solely on the market, and why true retirement planning means more than just picking investments... It’s about creating confidence, flexibility, and a plan that lets you enjoy life without outliving your money. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

Are you letting market noise dictate your retirement peace of mind? Ryan Herbert & Lawrence Kiely dive into the crucial difference between chasing stock market gains and securing your monthly income for life. Discover why retirees who focus on income buckets can confidently tune out market volatility, maintain their lifestyle, and avoid the stress of sudden downturns. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

Ryan Herbert & Lawrence Kiely discuss a dramatic story of two brothers with identical savings but wildly different outcomes, revealing how market timing and preparation can make or break your financial future. They unpack the “sequence of returns” risk, the importance of income planning, and why having a strategy matters more than chasing market highs. Discover how to safeguard your lifestyle, prepare for the unexpected, and focus on enjoying retirement instead of fearing it. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

Maybe annuities aren't so bad after all... right? Ryan Herbert & Katherine Groce discuss how shifting financial headlines are rewriting the rules for annuities, tax planning, and 401(k)s. They break down why annuities are no longer taboo, how tax planning became essential, and what every retiree needs to know about income security. Learn how to build your “income island” and why a diversified approach can help you sleep soundly in retirement. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights:

Is claiming Social Security at 62 a smart move or a costly mistake? Ryan Herbert & Katherine Groce dive into the heated debate sparked by financial guru Dave Ramsey and his advice to take Social Security early, even while working. They break down the real math behind penalties, taxes, and investment returns. Discover why timing matters, how life expectancy and income shape your decision, and what pitfalls to avoid. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

Are you missing out on thousands in retirement savings because of new 401(k) rules? Ryan Herbert and Katherine Groce break down the latest Secure Act changes, explain why high earners must rethink their catch-up contributions, and how tax diversification—using Roth accounts and cash value life insurance—can protect your future. Discover actionable strategies to maximize tax-free income, avoid costly mistakes, and build a resilient retirement plan. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

Ryan Herbert discusses the “three holes” strategy—like snow tires for your portfolio—to take action in preserving your income in retirement. He breaks down practical exit strategies, the importance of backup plans, and how to balance risk and reward for lasting financial security. Ryan explains why relying on old market wisdom can leave you exposed, and how modern approaches like dividend portfolios and annuities could be a better way to go. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

Are you concerned about your retirement spending? Ryan Herbert dives into the surprising reality of how your expenses shift from your first year of retirement through your golden years. He explains why most retirees spend conservatively at first, ramp up for bucket-list adventures, and eventually plateau—until medical costs rise. Learn how a flexible financial plan could empower you to enjoy retirement without fear of outliving your money, and why a one-size-fits-all approach just doesn’t work.See omnystudio.com/listener for privacy information.

Are you making retirement decisions based on outdated rules or generic advice? Ryan Herbert and Lawrence Kiely dive into Kiplinger’s Five Golden Rules of Retirement Planning, revealing why lifetime income, liquid savings, risk management, tax efficiency, and legacy planning must work together. They explain why diversification goes beyond mutual funds, why withdrawal-based plans can fail, and how adaptability is crucial for your financial future. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

What if your favorite breakfast food could cost you minutes of your life—and your financial choices could cost you years? Mike Canet and Ryan Herbert discuss a study from the University of Michigan that highlights the things we eat and the poor decisions we make, and highlight the parallels of this with financial planning mistakes. They unpack the critical differences between financial advisors and true financial planners, and how holistic planning, tax strategies, and estate decisions impact your retirement journey. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

Ryan Herbert & Lawrence Kiely breakdown these 7 rules in retirement that may not apply to you: 1) The 4% Rule 2) Spend as little as possible 3) Delay your Social Security until age 70 4) You need $1 Million to retire 5) Pay off your mortgage before retirement 6) You should avoid Annuities 7) 65 is THE retirement age Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

Is retirement really the most financially complex time of your life? That's what Fiona Greig, Vanguard's Global Head of Investor Research thinks. Mike Canet and Ryan Herbert dive into this question and unpack why the transition from saving to spending is more than just a financial shift—it’s an emotional and strategic overhaul. They explore how identity, income, taxes, estate planning, and long-term care all collide in retirement, and why working with a “phase two fiduciary” is critical to avoid costly missteps. Hear how one investor’s $14 million Bitcoin decision turned into a tax nightmare, and why timing and planning matter. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

What if the biggest threat to your retirement isn’t market crashes or investment fees—but taxes? In this episode, Mike Canet and Ryan Herbert reveal how overlooked tax planning can quietly drain 30–40% of your retirement income. They discuss how some advisors miss critical opportunities to protect your wealth and explain why diversifying your tax exposure is just as vital as diversifying your portfolio—and how a simple shift could mean thousands saved. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

What if your retirement plan is built on numbers that don’t actually apply to you? In this episode, Mike Canet and Ryan Herbert expose the pitfalls of generic financial advice—like buying annuities without knowing your real income needs. Through stories of retirees overspending, over-saving, and overpaying in taxes, they show how personalized planning can prevent costly mistakes. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

The Bureau of Labor Statistics revealed that the average spend for a household in retirement aged 65-74 is $5,400 per month. Mike Canet and Lawrence Kiely break down this and other data points including the average Social Security benefit for a couple and explain the emotional and financial crossroads of retirement planning. They cover income and tax buckets, as well as Roth conversion considerations. Mike and Lawrence highlight a real-world example of a federal employee that revealed how pensions, TSP balances and timing decisions come together to answer the question of, "Do I have enough in retirement?" Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

What if the most misunderstood financial tool could be your retirement game-changer?In this episode, Ryan Herbert and Lawrence Kiely unpack the evolving role of annuities in retirement planning. From outdated reputations to modern innovations, they explore why more advisors—and retirees—are turning to fixed index annuities for reliable income. Learn how annuities compare to dividend portfolios, how they help transfer risk, and why they might require less of your savings to secure lifelong income. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

What happens to your retirement plan when life throws you curveballs? In this episode, Katherine Groce and Samantha Nash explore how life’s unexpected detours—like long-term care needs, helping adult children, or spontaneous relocations—can throw off even the best-laid retirement plans. Through real client stories and practical strategies, they show how to adapt your financial roadmap to stay on course to meet your retirement goals. Want to begin building your retirement and tax plan? Schedule a 15-minute call with us here:

When the market drops 20% in a week, what do you do—panic or plan? Mike Canet and Lawrence Kiely explore the emotional rollercoaster of investing and the real-life story of a savvy retiree who sought clarity amid volatility. From the pitfalls of the 4% rule to the pros and cons of annuities, they break down how to build a retirement income strategy that fits your lifestyle and risk tolerance—without relying on guesswork. Want to begin building your retirement and tax plan? Schedule a call with us here:

What if you could retire with zero taxes? In this episode, Mike Canet & Lawrence Kiely unpack the “Big Beautiful Bill” and its real impact on Social Security, Roth conversions, and long-term tax planning. They break down how seniors can leverage new deductions, why tax efficiency is more critical than ever, and how proactive planning today could potentially save your heirs hundreds of thousands of dollars tomorrow. It’s not just about saving money—it’s about keeping more of what you’ve earned. Want to begin building your retirement and tax plan? Schedule a call with us here:

Ryan Herbert and Lawrence Kiely dive into the 50th anniversary of Jaws—and use it as a metaphor for the hidden dangers lurking in retirement accounts. From Required Minimum Distributions (RMDs) to Roth conversions, they break down how tax planning can be the “bigger boat” you need to stay afloat in retirement. Learn how a proactive tax strategy could potentially save you hundreds of thousands—even millions—over your lifetime. Want to begin building your retirement and tax plan? Schedule a call with us here:

What if your million-dollar retirement plan is only worth half that? Ryan Herbert and Lawrence Kiely unpack the hidden costs of financial fees and taxes that can quietly erode your nest egg. They break down the real cost of “free” financial advice, the myth of lower taxes in retirement, and why communication with your advisor matters more than ever. Ryan and Lawrence reveal how to spot value in financial planning and avoid the trap of one-size-fits-all portfolios. Want to begin building your retirement and tax plan? Schedule a call with us here:

Think having target date funds is a good idea? Think again. In this episode of the Savvy Investor, Ryan Herbert and Lawrence Kiely break down the hidden risks and misconceptions behind target date funds in your 401(k). From market downturns to fee traps, they reveal why these “set-it-and-forget-it” investments may not be the safe bet you think they are. Learn how to take control of your retirement strategy, explore smarter diversification options, and understand the real cost of convenience. Want to begin building your retirement and tax plan? Schedule a call with us here:

What do destination weddings and retirement planning have in common? More than you think. In this episode, Mike Canet and Samantha Nash dive into the unexpected financial curveballs—like lavish weddings, surprise home repairs, and rising healthcare costs—that can derail even the best-laid retirement plans. With humor and real-life stories, they explore how to build flexibility into your income strategy so you can enjoy life’s big (and small) moments without financial stress. Want to begin building your retirement and tax plan? Schedule a call with us here:

What if your retirement plan is quietly setting you up for a multi-million-dollar tax bill? In this episode, Mike Canet and Ryan Herbert unpack real-life stories of retirees blindsided by taxes—and how smart planning could have saved them millions. From overlooked Roth conversions to the fine print your advisor won’t discuss, they reveal how to legally minimize your tax burden and keep more of what you’ve earned. Want to begin building your retirement and tax plan? Schedule a call with us here:

Retirement planning often revolves around one critical fear: running out of money. A recent study highlights that retirees with guaranteed income, such as pensions, spend 42% more than those relying solely on savings, showcasing the confidence that steady income can provide. Ryan Herbert and Katherine Groce explain that understanding monthly expenses and crafting a plan that secures income through diverse options—market investments, dividend portfolios, or annuities—retirees can prepare for financial stability regardless of market fluctuations. Want to begin building your retirement plan? Schedule a call with us here:

Retirement doesn’t have to mean taking unnecessary risks with your savings. Mike Canet & Katherine Groce explain how thoughtful planning and tailored strategies can help retirees create sustainable income streams while minimizing exposure to market volatility. They highlight examples of retirees, like one who thrives with just a 5% return by living within his means and structuring his investments wisely. Mike & Katherine also explore alternatives to traditional stock market investments, such as CDs, fixed index annuities, and structured notes, emphasizing solutions for those seeking stability and added peace of mind in retirement. Want to begin building your retirement plan? Schedule a call with us here:

Mike Canet and Ryan Herbert reflect on Warren Buffet’s recent retirement and one of his many famous quotes: “Never run out of money.” They discuss creating income streams that retirees cannot outlive and emphasize the importance of protecting savings from market volatility while ensuring consistent growth through methods like dividend-paying stocks, preferred shares, or annuities. Want to begin building your retirement plan? Schedule a call with us here:

Your IRA in retirement. You can leave it, roll it, or cash it out. How do we know what works best for us and what do we have to watch out for? Want to begin building your retirement plan? Schedule a call with us here:

A study from AARP revealed that Americans that are 50 years old or older pay 59% of all federal income tax. Contrary to popular belief, many retirees face higher tax obligations due to required minimum distributions (RMDs), Social Security taxes, and insufficient planning during their working years. Mike Canet and Samantha Nash explain that with strategic tax planning, retirees can reduce the burden by leveraging lower tax rates early and exploring options like Roth conversions. Understanding these dynamics is crucial to avoid losing significant portions of savings to taxation and to ensure long-term financial security amidst changing income needs in retirement. Want to begin building your retirement plan? Schedule a call with us here:

Lawrence Kiely and Samantha Nash explain the complexities of tax planning, particularly focusing on the differences between tax strategies during working years and retirement. They highlight the importance of proactive tax planning, the implications of Roth conversions, and the impact of required minimum distributions (RMDs) on retirement savings. The discussion also touches on the government's approach to taxation and the significance of strategic planning for future generations. Want to begin building your retirement plan? Schedule a call with us here:

In this episode of the Savvy Investor Podcast, Katherine Groce and Samantha Nash discuss the complexities of tax strategies, retirement income, and investment planning. They emphasize the importance of understanding market volatility and how it can present opportunities for long-term investors. The conversation also delves into the psychological aspects of retirement, the significance of annuities for income generation, and the need for a comprehensive financial plan that adapts to changing circumstances and future tax implications. Want to begin building your retirement plan? Schedule a call with us here:

In this episode, financial planners Lawrence Kiley and Samantha Nash discuss the impact of market volatility on retirement planning. They emphasize the importance of having a well-structured investment strategy that includes income buckets to ensure financial stability during turbulent times. The conversation also highlights the differences in concerns between existing clients and prospective clients, as well as the proactive approach taken by Pro Status Financial in managing portfolios to mitigate risks. Want to begin building your retirement plan? Schedule a call with us here:

This conversation with Mike Canet and Ryan Herbert delves into the intricacies of retirement planning, focusing on the importance of understanding income streams, tax strategies, and the role of fiduciary advisors. Ryan and Mike emphasize the need for effective tax planning to maximize retirement income and avoid common pitfalls that can lead to unnecessary tax burdens. They discuss the benefits of Roth IRAs and the significance of making informed decisions regarding investments and distributions to ensure financial security in retirement. Want to begin building your retirement plan? Schedule a call with us here:

In this episode of the Savvy Investor Radio Show, hosts Katherine Groce and Samantha Nash discuss the intricacies of financial planning during tax season, the implications of market volatility, and strategies for transitioning from growth to income in retirement. They emphasize the importance of having a structured plan that accommodates both growth and income needs, particularly for those approaching retirement. The conversation also highlights the significance of understanding one's investment goals and the role of income annuities in providing financial security during retirement. Want to begin building your retirement plan? Schedule a call with us here:

Tax Planning and tax preparation are very different! Ryan Herbert and Lawrence Kiely explain the complexities of tax planning and preparation for retirement, highlighting common misconceptions about taxes, the importance of understanding tax implications on retirement accounts, and strategies for minimizing tax burdens. They also share why you need a proactive tax planning to avoid costly mistakes and ensure financial security in retirement. Want to begin building your retirement plan? Schedule a call with us here:

Are you thinking about when to retire and how it will impact your financial future? Katherine Groce & Samantha Nash explore the complexities of retirement planning, highlighting the importance of personalized financial strategies. They discuss the emotional and financial decisions involved, the benefits of retiring early versus later, and how to balance work and life goals for a fulfilling retirement. Katherine & Samantha also touch on the generational differences in retirement planning and the need for a customized approach to achieve one's retirement dreams. Want to begin building your retirement plan? Schedule a call with us here:

What is the #1 way retirees pull income? A recent study by Charles Schwab reveals seven key income sources for retirees, with the top leading the list at 40%. Ryan Herbert and Lawrence Kiely highlight several strategies and list the primary factors retirees need to focus on when building out an income plan. Want to begin building your retirement plan? Schedule a call with us here:

Are you underestimating the impact of taxes on your retirement? Katherine Groce & Samantha Nash discuss how taxes can be a significant expense in retirement, often overlooked by many and dispelling the myth that taxes are lower in retirement. They emphasize the importance of proper tax planning to avoid unexpected financial burdens. Want to begin building your retirement plan? Schedule a call with us here:

Most people think they have a balanced retirement portfolio, but often they are taking on more risk than they realize. Ryan Herbert explains The Magnificent 7 and why it’s crucial to diversify your investments to avoid being overly dependent on a few high-performing stocks. He also highlights risk tolerance and examines tech-heavy mutual funds' underlying assets. Want to begin building your retirement plan? Schedule a call with us here: