Ready For Retirement (James Conole, CFP®)

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Explore every episode of Ready For Retirement

Dive into the complete episode list for Ready For Retirement. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.

	Pub. Date	Title	Duration
	15 Feb 2022	Should I Prioritize Health Insurance Subsidies or Roth Conversions?	00:30:05
In this episode of Ready for Retirement, we’re talking about how to know whether you should prioritize health insurance subsidies or Roth conversions. Questions Answered: Should I prioritize health insurance subsidies or Roth conversations? When won’t these strategies be relevant? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	22 Feb 2022	Should I Take My Pension as an Annuity or Lump Sum Rollover?	00:24:16
In this episode of Ready for Retirement, we’re talking about pensions and how you should take your pension when you retire. Questions Answered: Should I take my pension as an annuity or lump sum rollover? What are the pros and cons of each? When might both make sense? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	01 Mar 2022	The 5 Most Important Parts of a Successful Financial Strategy	00:28:21
In this episode of Ready for Retirement, we’re talking about the 5 most important parts of a successful financial strategy. Questions Answered: What is the most important parts of a successful financial strategy? How can we make sure we're setting ourselves up for success in retirement? What should we make sure to avoid in retirement? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	08 Mar 2022	How to Prioritize Roth Conversions Vs. Tax Gain Harvesting	00:28:33
In this episode of Ready for Retirement, we’re talking about how to prioritize Roth Conversions v. Tax Gain Harvesting. Questions Answered: How do I know if I should prioritize Roth Conversions or Tax Gain Harvesting? How can we make sure I'm setting myself up to optimize my retirement strategy? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	15 Mar 2022	What's the Best Way to Rebalance Your Portfolio?	00:27:12
In this episode of Ready for Retirement, we’re talking about the best way to rebalance your portfolio. Questions Answered: How do I know if I need to rebalance my portfolio? How can we make sure I'm setting myself up to optimize my retirement strategy? What is the best rebalance strategy? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	22 Mar 2022	4 Steps to Navigating Down Markets	00:32:36
In this episode of Ready for Retirement, James discusses 4 ways to navigate market downturns. Questions Answered: How should investors approach down markets? Why do you need to have more than just a good financial plan? How do you implement the guardrails approach? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	29 Mar 2022	Where Should You Pull Income in the First Year of Retirement?	00:29:37
In this episode of Ready for Retirement, James discusses where you should pull income from in the first year of retirement. Questions Answered: What is the best account to pull from in retirement? Why do you need to have more than just a good financial plan? What are the best ways to withdraw income in retirement? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	05 Apr 2022	How Do Roth Conversions Impact Inheritance/Legacy?	00:29:21
In this episode of Ready for Retirement, James discusses how Roth Conversions impact inheritance, specifically legacy planning. Questions Answered: How can Roth Conversions be best implemented for legacy planning? What are the important strategies to be aware of when implementing Roth Conversions? How can Roth Conversions impact planning for inheritance? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	12 Apr 2022	Investing for Longevity When There's a Spousal Age Gap	00:26:32
In this episode of Ready for Retirement, James discusses how to invest for longevity when there's a spousal age gap. Questions Answered: What would change if one spouse predeceased the other? How would your income and portfolio be impacted? What are the considerations when planning around one spouse predeceasing the other? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	19 Apr 2022	How Likely is it That You'll Run Out of Money in Retirement?	00:24:54
In this episode of Ready for Retirement, James discusses how likely it is that you'll run out of money in retirement? Questions Answered: Is it likely that you will outlive your money in retirement? What should you consider when planning your retirement expenses? How can you ensure you don't outlive your money? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	26 Apr 2022	The 3 Most Important Mindset Shifts to Make Going Into Retirement	00:23:17
In this episode of Ready for Retirement, James discusses the 3 most important mindset shifts to make going into retirement. Questions Answered: What are the mindset shifts to make going into retirement? What should you consider when planning your retirement expenses? How can you ensure you optimize your money? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	03 May 2022	The Complete Guide to Health Savings Accounts (HSA)	00:27:32
In this episode of Ready for Retirement, James discusses the complete guide to Health Savings Accounts (HSA). Questions Answered: How can you use an HSA most effectively? What should you consider when planning your healthcare expenses? How can you ensure you don't outlive your money? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	10 May 2022	How to Enjoy Life Today While Also Preparing for the Future	00:21:48
In this episode of Ready for Retirement, James discusses how to enjoy life today while also preparing for the future. Questions Answered: What can you do today to prepare for the future? What should you consider when planning your retirement? How can you ensure you don't outlive your money? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	17 May 2022	How to Get Financially Organized	00:26:29
In this episode of Ready for Retirement, James discusses how to get financially organized. Questions Answered: How can you be most organized financially? What should you consider when planning for financial organization? How can you ensure you don't outlive your money? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	24 May 2022	How Should Withdrawal Rates Change if You Don't Have Any Legacy Goals?	00:22:12
In this episode of Ready for Retirement, James discusses how withdrawal rates should change if you don't have any legacy goals. Questions Answered: How can you plan most effectively for your legacy goals (or lack thereof)? What should you consider in terms of withdrawing funds and your goals? How can you ensure you reach your retirement goals? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	31 May 2022	How to Become a Better Investor with Chad Hufford	00:44:40
In this episode of Ready for Retirement, James discusses how to be a better investor with guest, Chad Hufford, owner of Veritas Wealth Management in Anchorage, Alaska. Questions Answered: How can you become a better investor? What should you to become a better investor and set yourself up to reach your retirement goals? How can you ensure you reach your retirement goals? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	07 Jun 2022	How to Invest Different Portfolio "Buckets"	00:22:07
In this episode of Ready for Retirement, James discusses how to invest in different portfolio "buckets". Questions Answered: How can you best be invested for your goals? What should you consider in terms of withdrawing funds from your investments? How can you ensure you reach your retirement goals? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	14 Jun 2022	How to Implement (And Do Better Than) the 4% Rule	00:20:18
In this episode of Ready for Retirement, James discusses how to implement (and do better than) the 4% rule. Questions Answered: How can you maximize your withdrawal strategy? What should you consider in terms of withdrawing funds from your investments? How can you ensure you reach your retirement goals? We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	21 Jun 2022	4 Steps to an Early Retirement with Ari Taublieb	00:28:45
In this episode of Ready for Retirement, James discusses with guest, Ari Taublieb, the four most important steps when considering an early retirement (non-traditional retirement). Ari is a financial planner at Root Financial Partners. Ari Taublieb is the host of the Early Retirement podcast. Ari also has a YouTube channel focusing on early retirement. Questions Answered: What are the primary considerations when it comes to retiring early? How can you set up your finances to optimize your withdrawals? What are the steps to a successful retirement when retiring early? Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	28 Jun 2022	Is Rental Real Estate a Good Idea in Retirement?	00:26:20
In this episode of Ready for Retirement, James discusses if rental real estate is a good idea in retirement. Questions Answered: Is it worth investing in rental real estate for retirement income? What are passive investments to create a secure retirement? How can you ensure you reach your retirement goals? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	05 Jul 2022	How to Turn Real Estate Equity Into Income in Retirement?	00:22:08
In this episode of Ready for Retirement, James discusses how to turn real estate equity into income in retirement. Questions Answered: How can I best use my real estate equity to create income in retirement? What are passive investments to create a secure retirement? How can you ensure you reach your retirement goals? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	12 Jul 2022	How to Most Effectively Pull Funds Out of Your College Savings Account	00:23:21
In this episode of Ready for Retirement, James discusses how to most effectively pull funds out of your college savings account. Questions Answered: What are the tax implications of pulling from college savings accounts? What are the best ways to utilize this account for your retirement goals? What strategies exist when it comes to funding college? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	19 Jul 2022	How to Use Individual Stocks for Better Tax-Planning	00:24:06
In this episode of Ready for Retirement, James discusses how to use individual stocks for better tax-planning. Questions Answered: How can you use individual stocks for strategic tax planning? What's the best strategy to utilize with individual stocks? How does this impact your retirement strategy? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	26 Jul 2022	How to Use 72t Distributions to Access Retirement Funds Early and Penalty-Free	00:23:50
In this episode of Ready for Retirement, James discusses Rule 72t distributions to access retirement funds early and penalty-free. Questions Answered: How can you withdraw funds from retirement accounts early? What's the best strategy to execute the Rule 72t distributions? How does utilizing the Rule 72t impact the overall financial strategy? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	02 Aug 2022	How do State Taxes Impact Roth v. Traditional Considerations?	00:14:55
In this episode of Ready for Retirement, James discusses how state taxes impact Roth v. Traditional Contributions. Questions Answered: How should you determine what tax strategy is best based on your state? What's the best strategy to utilize when it comes to determining when to prioritize Roth contributions? How does this impact your overall retirement strategy? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	09 Aug 2022	What Return Should You Expect for a 60/40 Portfolio Going Forward?	00:18:29
In this episode of Ready for Retirement, James discusses what return you should expect from a 60/40 portfolio going forward. Questions Answered: Is the 60/40 portfolio the best portfolio in retirement? What's the best strategy to utilize when it comes to determining the best allocation for my retirement goals? How does this impact your overall retirement strategy? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	16 Aug 2022	What's the Best Way to Teach Kids About Money and Investing?	00:25:16
In this episode of Ready for Retirement, James discusses the best way to teach kids about money and investing. Questions Answered: How can you effectively teach kids about money and investing? What's the best strategy to have kids start to understand about money? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	23 Aug 2022	Avoid These Pitfalls of Asset Location	00:22:16
In this episode of Ready for Retirement, James discusses how you can avoid the pitfalls of asset location. Questions Answered: How can you effectively invest in the right accounts? What's the best account for your specific goals? How do your investments connect to your overall retirement plan? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	30 Aug 2022	What Are the Best Strategies for Reducing Required Minimum Distributions?	00:26:17
In this episode of Ready for Retirement, James discusses the best strategies for reducing RMDs (Required Minimum Distributions). Questions Answered: How can you minimize Required Minimum Distributions? What's the best account for your specific goals? How do your investments connect to your overall retirement plan? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	06 Sep 2022	Should Gold Be Part of Your Investment Portfolio?	00:24:01
In this episode of Ready for Retirement, James discusses if gold should be part of your investment portfolio. Questions Answered: Should gold play a role in your investment portfolio? What are the best investments for your specific goals? How do your investments connect to your overall retirement plan? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	13 Sep 2022	How to Best Align Your Portfolio with Other Income Sources	00:17:09
In this episode of Ready for Retirement, James discusses how to best align your portfolio with other income sources. Questions Answered: How can I align my portfolio with my other income sources? What are the best investments for your specific goals? How do your investments and other income sources connect to your overall retirement plan? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	20 Sep 2022	What's the Best Way to Help My Kid Buy a Home?	00:17:58
In this episode of Ready for Retirement, James discusses the best way to help your children buy a home. Questions Answered: How can I best help my child buy a home? What are the best strategies to help? How does this impact my overall retirement plan? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	27 Sep 2022	A Story of What You Are Actually Investing In	00:19:40
In this episode of Ready for Retirement, James discusses a story to better understand what you're actually invested in. Questions Answered: How can you reframe the way you view investing What are the best strategies to better understand your investments How do your investments impact your overall retirement plan? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	04 Oct 2022	Should You Use Roth or Pre-Tax if You're in the 24% Tax Bracket?	00:22:05
In this episode of Ready for Retirement, James discusses if you should use Roth or Pre-Tax if you're in a 24% tax bracket. Questions Answered: How do your taxes impact your overall financial plan? What are the best strategies to understand your tax plan? How do your investments impact your overall retirement plan? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	11 Oct 2022	How Do You Know if You Have Enough to Retire?	00:24:52
In this episode of Ready for Retirement, James discusses if you how to know if you have enough to retire. Questions Answered: How do you know if you have enough to retire? What are the best strategies to understand your retirement timeline? How can your retirement strategy be improved? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	18 Oct 2022	5 Steps To Prepare For Retirement Today with Ari Taublieb	00:29:12
In this episode of Ready for Retirement, James Conole discusses with guest, Ari Taublieb, the 5 steps so you can begin preparing for retirement today! Ari is the Vice President of Root Financial Partners and host of the Early Retirement Podcast. Ari also has a YouTube Channel here where he discusses tips and strategies to retire early. Questions Answered: What are the 5 steps to prepare for retirement today What is the framework to start thinking through so you can optimize your retirement? How do investments, taxes, withdrawal strategy, Social Security, etc. all connect to build a comprehensive financial strategy? Check out the Ready for Retirement podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	25 Oct 2022	Why Are Bond Prices Falling & What to Do About It	00:23:30
In this episode of Ready for Retirement, James discusses why bond prices are falling and what you can do to protect your portfolio. Questions Answered: Why are bond prices falling? What are the best strategies to protect your portfolio for the long-term? How can your retirement strategy be improved? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	01 Nov 2022	How to Plan Differently When Spouses Retire at Different Times	00:18:21
In this episode of Ready for Retirement, James discusses how to plan for retirement when you and your spouse will be retiring at different times. Questions Answered: Where will income come from when one spouse is no longer working? What are the best strategies to create income in retirement when you retire at a different age than your spouse? How can your overall retirement strategy be improved? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	08 Nov 2022	How Should You Invest Your Bridge Account?	00:15:19
In this episode of Ready for Retirement, James discusses how to invest your bridge account. Questions Answered: How should you invest your brokerage account? What are the best strategies to think about how your bridge account impacts your overall plan? How can your overall retirement strategy be improved? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	15 Nov 2022	Should You Get a 15 or 30 Year Mortgage?	00:15:19
In this episode of Ready for Retirement, James discusses if you should get a 15 or 30 year mortgage. Questions Answered: What mortgage is best for you? What are the best strategies to view real estate in retirement? How can your overall retirement strategy be improved? Check out the podcast on YouTube here! Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	22 Nov 2022	What Are the Pros and Cons of Mega Backdoor Roth Conversions?	00:15:51
In this episode of Ready for Retirement, James discusses the pros and cons of Mega Backdoor Roth Conversions. Questions Answered: When does it make most sense to implement? What are the best strategies to implement Mega Backdoor Roth Conversions? How can your overall retirement strategy be improved? Check out our main channel on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	29 Nov 2022	Are Withdrawal Rate Rules Still Applicable in Today's Markets?	00:20:31
In this episode of Ready for Retirement, James discusses if withdrawal rates are still applicable in today's markets. Questions Answered: Can we still trust withdrawal rate rules? What are the best strategies to maximize income? How can your overall retirement strategy be improved? Check out our main channel for all of our podcast episodes and more on YouTube here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	06 Dec 2022	What Investments Should I Own in My Retirement Portfolio?	00:31:00
In this episode of Ready for Retirement, James discusses what investments you should own in your retirement portfolio? Questions Answered: What are the best investments to provide income throughout retirement? What are the best strategies to maximize income? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 5:05 - Stock Ownership 12:15 - Company FAQs 19:55 - Just Need S&P 500? 26:03 - Safe Investments? 29:09 - How Much Do You Need? Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	13 Dec 2022	When Does it Make Sense to Work with a Financial Advisor?	00:29:25
In this episode of Ready for Retirement, James discusses when it does (and doesn't) make sense to work with a financial planner. Questions Answered: When does it make most sense to consider working with a financial advisor? What are the main benefits you can expect from working with a financial advisor? How can your overall retirement strategy be improved by having a financial advisor? Timestamps: 00:00 - Introduction 3:05 - Cost/Benefit Decision 6:36 - Cost of an Advisor 11:30 - Partnering Throughout Life 16:45 - History of 4% Rule 23:09 - Sign of a Good Financial Life 28:05 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	20 Dec 2022	Is a Reverse Mortgage a Good "Plan B"?	00:16:31
In this episode of Ready for Retirement, James discusses if a reverse mortgage is a good "Plan B". Questions Answered: What are the best practices when using a reverse mortgage? What are the best strategies to create income in retirement? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 5:05 - Reverse Mortgage Basics 9:35 - Example of Income Creation 12:15 - Retirement Income 16:15 - Aligning Your Financial Goals Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	27 Dec 2022	5 Wrong Assumptions People Make About Retirement	00:22:03
In this episode of Ready for Retirement, James discusses 5 assumptions that you shouldn't make in retirement. Questions Answered: What are the best practices when making assumptions in retirement? What are the best strategies to create income in retirement? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 4:22 - Example of an Investor 6:28 - Short-Term v. Long-Term 12:15 - Retirement Income (Reality) 16:15 - Aligning Your Financial Goals (Cash Flow) 19:30 - Portfolio Income Creation 20:45 - Summary of Assumptions Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	03 Jan 2023	3 Steps to Make 2023 Your Best Year Yet	00:24:07
In this episode of Ready for Retirement, James discusses 3 steps to make 2023 your best year yet. Questions Answered: What is the best way to get your "money right"? What are the best strategies to optimize your money choices? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 2:46 - Examples of Prudent Financial Decisions 5:23 - Future Assumptions 6:00 - Mindset Shift With Money 9:27 - Important Goals with Money 15:30 - What-If Scenario's 19:10 - Write Out Your Dream Future 20:35 - Implementing Your Vision 21:45 - Staying Present With Your Money Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Submit Your Question Here! Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	17 Jan 2023	When Should You Start Withdrawing Cash Instead of Stocks For Retirement Income?	00:21:55
In this episode of Ready for Retirement, James discusses when you should start withdrawing cash instead of stocks for retirement income? Questions Answered: What is the best way to optimize withdrawals? What are the best strategies to optimize pulling funds from cash vs. stocks? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 2:27 - Spending Down Cash 4:14 - Funding in Retirement 5:58 - Sustainable Withdrawal Rates 8:54 - Withdrawing Cash Instead of Stock 13:25 - Avoid Unnecessary Sales 17:25 - Conservative Assets Needed 20:35 - Allocation For Life 21:45 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Submit Your Question Here! Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	10 Jan 2023	8 Important Planning Opportunities From the SECURE Act 2.0	00:34:09
In this episode of Ready for Retirement, James discusses 8 important planning opportunities from the SECURE Act 2.0 Questions Answered: What are the major changes from the SECURE Act 2.0? What are the best strategies to implement from the SECURE Act 2.0? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 3:14 - SECURE Act 2.0 Overview 4:22 - RMD Changes 6:52 - Tax Planning Window Changes 9:04 - Roth Conversions 12:05 - 529 Plan to Roth IRAs 19:38 - RMD Spouse Changes 21:45 - RMD Changes (overall) 23:10 - IRA Catch-Up Contributions 24:40 - Employer Matching Contributions 26:00 - Roth 401(k) Catch-Up Contributions 27:05 - Catch-up Contributions 28:10 - Qualified Charitable Distributions 30:25 - RMD Penalties 32:45 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Submit Your Question Here! Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	24 Jan 2023	How to Use Roth Conversions to Protect Your Spouse's Future	00:22:18
In this episode of Ready for Retirement, James how to use Roth Conversions to protect your spouse's future. Questions Answered: What are the best ways to implement Roth Conversions? What are the best strategies to implement tax planning for your spouse? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 1:45 - Roth Conversions 3:23 - When To Implement 6:52 - Income Assumptions 9:27 - Taxable Income 12:05 - Roth Conversion Planning 14:35 - Surviving Spouse Tax Planning 16:48 - Life Insurance Protection 19:21 - Analysis Assumptions 20:50 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Submit Your Question Here! Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	31 Jan 2023	5 Steps To Create A Meaningful Retirement with Cyn Meyer	00:28:20
In this episode of Ready for Retirement, James discusses with retirement life coach Cyn Meyer how to create the most meaningful retirement. Guest: Cyn Meyer is a Retirement Life Coach and founder of Second Wind Movement. She has free resources here on her website available to all of you. Cyn also offers a free workshop here. Questions Answered: What are the best ways to have a meaningful retirement? What are the best strategies to implement TODAY to start preparing for your dream retirement? How can your overall retirement strategy be improved? Timestamps: 2:08 - Introduction 4:03 - Fear-based living 7:22 - Subtle Isn't SUBTLE! 12:27 - Encourage Yourself 16:39 - Understanding The NEW You 20:46 - Overall Happiness Levels 23:29 - Intentional Work 26:08 - You Are Unique 20:50 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Submit Your Question Here! Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	07 Feb 2023	What Should You Do With Your 401k When You Retire?	00:28:00
In this episode of Ready for Retirement, James discusses what you should do with your 401(k) when you retire. Questions Answered: What are the best ways to reduce fees in a 401(k)? Should you move your 401(k) elsewhere? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 1:45 - Listener Question 3:23 - 401(k) Hidden Fees 7:52 - Gaining More Control 9:45 - Investment Options 13:40 - Clunky Planning 17:03 - After-Tax Contributions 21:05 - Net Unrealized Appreciation 24:02 - Tax Treatment 26:08 - Age Importance 29:50 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	14 Feb 2023	Where Should I Invest Extra Income After Maxing My 401k?	00:25:08
In this episode of Ready for Retirement, James discusses what you should do with extra income after you max out your 401(k). Questions Answered: What are the best accounts to invest in after your 401(k)? Should you invest in a brokerage/Roth/IRA/etc? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 1:00 - Key Benefit 2:23 - Order of Operations 4:30 - Where To Save Next 6:14 - Example (Person A v. B) 9:50 - HSA (Health Savings Accounts) 12:33 - Backdoor Roth Contribution 15:46 - Brokerage Account Hack 18:50 - Paying Down Debt 21:08 - ESPP 23:50 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	21 Feb 2023	How Much Do You Need to Retire?	00:24:52
In this episode of Ready for Retirement, James discusses how much you need to retire. Questions Answered: How much do I need (financially)? How do I prepare (mentally)? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 2:30 - How much is ENOUGH? 3:25 - Retirement Expenses 5:04 - Assigning Your Dollars 8:50 - First Step 13:40 - Avoid THIS! 17:03 - Inflation Impact 19:58 - Taxes (Single v. MFJ) 21:55 - Health Considerations 23:50 - Aligning Your Financial Goals 24:00 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	28 Feb 2023	5 Common Mistakes To Avoid When Retiring Early (Part 1 - Early Retirement)	00:24:59
In this episode of Ready for Retirement, Ari Taublieb, MBA guest hosts the Ready for Retirement podcast to discuss the 5 mistakes to make sure you avoid when retiring early. Ari Taublieb, MBA is the Vice President of Root Financial Partners and a Financial Advisor. This episode is part one of a three-part series. Ari is the host of the Early Retirement podcast available here. Ari is also on YouTube here. Create your customized early retirement strategy with Ari here. Episode Summary: How can you retire early with confidence How to avoid common mistakes people make when retiring early How to improve your overall financial strategy in retirement Timestamps: 00:00 - Introduction 1:30 - Pretend You're Retired Today 2:25 - Financial Freedom 5:31 - Retirement = Tradeoffs 8:35 - Life First 10:43 - Part-Time Income 12:40 - Financial v. Nonfinancial aspects 14:28 - Practice Retirement First 18:52 - Guardrails Approach 21:45- Aligning Your Financial Goals 23:45 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	07 Mar 2023	3 Ways To Create Tax-Free Income in Retirement - (Part 2 - Early Retirement)	00:26:43
In this episode of Ready for Retirement, Ari Taublieb, MBA guest hosts the Ready for Retirement podcast to discuss the 5 mistakes to make sure you avoid when retiring early. Ari Taublieb, MBA is the Vice President of Root Financial Partners and a Financial Advisor. This episode is part two of a three-part series. Ari is the host of the Early Retirement podcast available here. Ari is also on YouTube here. Create your customized early retirement strategy with Ari here. Episode Summary: How can you create tax-free income most effectively in retirement Common tax mistakes people leave on the table which could save tens of thousands of dollars (or hundreds of thousands) How to improve your overall early retirement strategy Timestamps: 00:00 - Introduction 1:20 - Life over Money 3:03 - Legacy Goals 5:31 - Examples Examples Examples! 8:35 - Never Pay Taxes Again 10:52 - Standard Deduction v. Itemized Deduction 14:28 - Brokerage Account 19:17 - AAPL Stock Example 22:15- MASTER Tax Tip! 25:01 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	14 Mar 2023	Where To Pull Income From First When You Retire Early? (Part 3 - Early Retirement)	00:31:07
In this episode of Ready for Retirement, Ari Taublieb, MBA guest hosts the Ready for Retirement podcast to discuss where you should pull income from first when you retire early. Ari Taublieb, MBA is the Vice President of Root Financial Partners and a Financial Advisor. This episode is part three of a three-part series. Ari is the host of the Early Retirement podcast available here. Ari is also on YouTube here. Create your customized early retirement strategy with Ari here. Episode Summary: Should I pull from my Brokerage, IRA, Roth IRA or 401(k) account first? Should I consider the Rule of 55 or 72(t) distribution? How to improve your overall early retirement strategy Timestamps: 00:00 - Introduction 1:41 - Assumptions 4:51 - Life First, Money Second 7:24 - Inflation & Taxes 9:55 - Rule of 55 12:17- 72(t) Distribution 15:30 - Income Needs 18:28 - Capital Gains Explained 22:15- How To Minimize Income 25:57 - Not Qualified 28:35 - Align Your Money With Your Goals Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	21 Mar 2023	How to Supercharge Your Retirement with Deferred Comp Plans	00:30:29
In this episode of Ready for Retirement, James discusses Deferred Compensation Plans and how to consider them within your overall retirement strategy. Questions Answered: How should I think about Deferred Compensation in context of my overall plan? When does it make sense to defer compensation (and when does it NOT)? How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 2:30 - Deferred Compensation 101 3:25 - Retirement Expenses 5:04 - Tax Planning 8:50 - AVOID This Common Mistake 17:03 - Inflation Impact 19:58 - Deferred Comp Example 23:50 - Aligning Your Financial Goals 24:00 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	28 Mar 2023	How Much Umbrella Insurance Coverage Do You Need?	00:20:37
In this episode of Ready for Retirement, James discusses umbrella insurance coverage and how much you need. Questions Answered: How should I think about an Umbrella Insurance Policy (how much)? Understanding how much defense (risk management) is needed How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 2:30 - Umbrella Insurance 101 3:25 - Home/Auto Policies 5:04 - Insurance Policies Examples 8:50 - Net Worth Value 10:03 - State Exemptions 13:58 - How Much?! 16:33 - Two Examples 19:05 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	04 Apr 2023	How to Protect Your Most Important Financial Asset	00:20:28
In this episode of Ready for Retirement, James discusses how to protect your most important financial assets. Questions Answered: How should you think about protecting your most important financial assets? Understanding how to protect what's most important How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 1:30 - Income 3:25 - Compounding 5:04 - Take-Home Pay 8:50 - Wage Increases 10:03 - 1% Better 13:58 - How Much?! 16:33 - Summary of What's In Your Control 19:35 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	11 Apr 2023	5 Reasons You Should Retire Now	00:17:35
In this episode of Ready for Retirement, James discusses how to protect your most important financial assets. Questions Answered: How should you think about protecting your most important financial assets? Understanding how to protect what's most important (your TIME) How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 2:13 - Downsides To Continuing Work 4:25 - Savings/Bonuses 6:55 - Financial/Personal 8:50 - Wages 12:03 - Financially Ready 14:58 - How Much?! 16:33 - TIME 17:02 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	18 Apr 2023	4 Reasons You SHOULDN'T do a Roth Conversion	00:19:48
In this episode of Ready for Retirement, James discusses how 4 reasons to NOT do a Roth Conversion. Questions Answered: How to think through whether a Roth Conversion makes sense for you Understanding how to implement effective Roth Conversions How can your overall retirement strategy be improved? Timestamps: 00:00 - Introduction 2:13 - Example 4:25 - Plan for Conversions 7:22 - Age / Life Expectancy 10:19 - Not ONLY A Dollar Amount 12:49 - RMDs 14:58 - RMD Example 17:02 - RMD Issue 19:00 - Working With Us Check out all of our podcast episodes and more on our YouTube channel here! LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	25 Apr 2023	Avoid This Major Pitfall of Standard Withdrawal Strategies	00:23:24
You might be missing something if you're focusing only on your initial withdrawal rate... ...on today's episode, we'll cover what you might be missing, and how you can maximize your portfolio withdrawal strategy. Questions answered: What is the 4% rule and how does it apply to me? How should staggered income and expenses alter your withdrawal strategy? Time stamps 0:00 Intro 2:15 What is the 4% rule? 4:00 Example of staggered income or expenses 9:13 You might be limiting your withdrawals 12:20 Staggered income and expenses 13:15 Example of staggered income and expenses 18:20 Looking at your portfolio differently 19:09 Summary 21:30 Conclusion 22:38 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	02 May 2023	Plan Better: Financial Strategies vs Tactics	00:12:42
Oftentimes we make decisions about our portfolios based on what we think is the smartest move. Yet when we do that, we can lose sight of the bigger picture. In this episode, we’ll discuss how the context in which you view your portfolio can steer your financial decisions for years to come. Questions answered: What’s the difference between financial strategy and financial tactics? What are the key pitfalls to avoid? Time stamps 0:00 Intro 1:15 Losing focus on the bigger strategy 2:40 Example of focusing too much on tactics 6:40 Your tactics would be… 7:45 Why Roth conversions aren’t always the right choice 8:50 Example of winning the battle but losing the war 11:00 Make sure you’re prioritizing strategy 11:20 Summary 11:54 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	09 May 2023	How Should I Invest Proceeds from Selling My Home?	00:33:32
In this episode, James tackles a listener’s question about investing a lump sum for his upcoming retirement. James analyzes one's situation and gives realistic insights on determining the right mix of stable and growth assets that will generate a rising income stream for the rest of your life. Tune in for tips on how to secure a comfortable retirement using a real-life example. Questions Answered: Should I invest lump sump sum or dollar cost average approach? How do I invest a lump sum once I receive the funds? What other planning points should I be aware of? Time stamps 0:00 Intro 0:45 Listener Question 2:55 Summarizing 4:10 Will You Be Okay? 7:10 Make Sure That Number is Accurate 8:20 4% Rule 9:53 Guyton-Klinger Rule 10:53 Two Things to Note 13:30 You Need Income to Live on 15:15 Part 2 of the Question: How to Invest the Lump Sum 18:10 Dollar Cost Averaging 21:06 Using An Example 23:40 The Principle Is This 27:00 Properly Addressing Risk 28:50 Most People Do This… 30:25 Back to the Listener Question 31:00 Summary 32:20 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	16 May 2023	6 Financial Rules of Thumb to Avoid	00:23:09
James debunks six popular rules of thumb that can actually do more harm than good when it comes to retirement planning. From the 100-minus-your-age stock allocation rule to the 70% to 80% income replacement myth, James breaks down why rules like these can be counterproductive and suggests alternative strategies that will help you create a personalized financial plan that meets your unique needs and goals. Questions Answered: Which rules of thumb should not be universally applied? What can you do instead? Timestamps: 0:00 Introduction 2:36 The First Rule 5:57 The Second Rule 9:04 The Third Rule 11:48 The Fourth Rule 14:04 The Fifth Rule 18:08 The Sixth Rule 20:09 How to Measure Risk 22:02 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	23 May 2023	What's the Best Way to Sell Out of a Concentrated Stock Position?	00:27:31
James discusses a listener’s question about what to do with stock positions and single stock positions, explaining the pros and cons of holding a concentrated stock position. He highlights the importance of understanding tax implications and assessing your ability to handle financial and emotional implications. Questions Answered: What should you do when you have a large concentrated stock position from an investment perspective? How do you exit and diversify your position? Timestamps: 0:00 intro 3:59 Single concentrated stock positions 4:47 The role of taxes 7:07 What’s the biggest risk? 7:52 Two examples 12:10 Takeaway 12:30 Other considerations 15:35 JP Morgan study 20:13 Here’s what I’ve noticed… 21:46 Understanding risk 24:16 What would I look at? 25:52 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	30 May 2023	5 Things You'll Wish You Knew Before You Retired	00:15:46
When you retire, there are surprising things you’ll wish you knew beforehand. Unlike social security, IRAs, or Medicare, most people don’t often plan for the emotional and personal matters of retirement. James discusses the five things people often regret not understanding before retirement. Questions Answered: What do people regret not knowing before retirement? How can you avoid those mistakes? Timestamps: 0:00 Intro 3:20 Regret one 5:54 Regret two 7:42 Regret three 9:14 Regret four 11:34 Regret five 13:45 Summary 14:30 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	06 Jun 2023	How to Manage Cash Reserves in Retirement	00:19:14
Managing your cash reserves in retirement can get complicated quickly between living expenses, multiple income streams, taxes owed, etc. James explains how you should manage your cash reserves based on your financial plan and answers a listener’s question. Questions Answered: How do you incorporate cash needs and short-term assets into your bigger-picture portfolio? How does that change from working years into retirement years? Timestamps: 0:00 Intro 0:44 Listener question 2:42 Review of the week 4:09 Three “buckets” 5:30 Other tax accounts 6:57 Emergency fund 7:51 Example 10:39 Free access to your accounts 12:45 Savings accounts 14:37 Reframing your view 16:14 Cash vs portfolio 18:05 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	13 Jun 2023	Here’s How You Can Tell If a Roth Conversion Is Right For You	00:21:34
One of the best things you can do for your portfolio is to implement the right tax strategy. Each situation is unique and requires a personalized approach. Using a listener’s question, James explains one specific example to show when and how to implement the right strategy. Questions Answered: Why should or shouldn't you do Roth conversions? What should you be mindful of when doing Roth conversions? Timestamps: 0:00 Introduction 0:53 Listener question 4:03 Two core things to focus on 5:56 Should we do a Roth conversion? 7:13 Taxable income 9:16 Lower tax bracket 11:24 Taking a basic look 14:21 Gray area 16:40 Control the balance 19:31 Big picture plan 20:41 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	20 Jun 2023	[Case Study] How to Prepare for Early Retirement	00:28:49
For people who are planning to retire early, planning for retirement can be especially daunting. There are many different points to consider, but the most important is ensuring that your income stream will sustain you for the rest of your life. Today’s case study examines someone who is looking to retire early so that you can understand what framework and approach to apply to your own situation. Questions Answered: What do you do for income when you no longer receive a paycheck? What sort of strategies do you use for taxes, medicare, withdrawal, etc? Timestamps: 0:00 Intro 1:11 Today’s question 4:11 Considerations 6:55 Strategy and Expenses 9:34 Recommendations 11:30 Implications 13:27 Are they on track? 18:35 A couple of things you can do 22:22 Adding in Social Security 25:42 Quick thoughts 27:34 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	27 Jun 2023	Everything You Need to Know About RMDs (Required Minimum Distributions)	00:33:18
Required Minimum Distributions work differently depending on the type of account. How can you most effectively plan for them? Today we're talking through everything you need to know about RMDs so you can understand their nuances and create a plan to best address them. Questions Answered: At what age do you need to take an RMD? What accounts do you have to take an RMD on? Timestamps: 0:00 Intro 2:59 At what age do you need to take out an RMD? 4:19 How much is the RMD going to be? 7:40 What accounts do you have to take an RMD on? 9:25 Basic rules 11:26 Spouse and non-spouse inherited IRAs 16:11 Extra benefit 20:07 Exceptions to the rules 23:54 Keep this in mind 25:55 Example 32:26 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	04 Jul 2023	Here's When It Makes Sense to Rent In Retirement	00:25:14
Many people believe that when you're retired, you need to own your own home, ideally without a mortgage. But there are instances where renting can make more sense, not just financially but for several other reasons. In this episode, James discusses the pros and cons of owning versus renting and when it makes sense to rent instead of own. Questions answered: In what instances does it make more financial sense to rent than own? What other reasons might factor into the decision to rent? Timestamps: 0:00 Intro 3:33 Cost of rent rising 6:00 Less control 7:22 Equity 9:00 First issue: tax implications 11:49 Second issue: budget 15:08 Lifestyle 18:44 Your health 19:56 Example 23:20 Emotional factors 24:33 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	11 Jul 2023	Do We Have Enough for Retirement? [Plus Bonus Worksheet]	00:24:53
How much it will cost to meet your needs is one of the hardest parts to understand about retirement. Relying on conventional wisdom will only get you so far, and may even lead you astray. In this episode, we explain how to get an accurate sense of your retirement expenses while walking you through a real example from a listener question. As a bonus, we are including a free worksheet for you to use: Retirement Cash Flow Planner Questions answered: How can you tell if you're financially on track for retirement? What do you do before social security kicks in to supplement income? Timestamps: 0:00 Intro 3:10 Listener question 3:57 A few things to consider 6:00 Here's where to start 10:23 Where does the rest go? 13:07 Steps 1 and 2 16:31 Their portfolio 18:31 Retirement expenses 21:50 Income strategy 23:40 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	18 Jul 2023	Is It Possible to Have Too Much in Roth IRAs?	00:22:30
Description There are a lot of good reasons to put your money into a Roth account. But does it make sense to have all your money in Roth accounts? The truth is, there is a point at which it's potentially harmful to continue putting money into Roth accounts. James explains the nuances of Roth accounts and tax planning, while answering a listener's question. Questions Answered: Is there a point at which you can have too much in a Roth account? How can you use tax planning in retirement? Timestamps: 0:00 Intro 1:17 Listener question 3:59 Short answer 5:41 Example 8:04 Tax planning 9:10 Eample 11:45 Two questions 14:18 Charitable giving 18:22 Example 20:57 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	25 Jul 2023	What Age Should I Collect Social Security If I Don’t Need It?	00:26:37
For many people, Social Security will be their primary income source in retirement, but some individuals have sufficient assets or income from other sources, making them less dependent on Social Security benefits. James explains the factors that can affect when you should collect Social Security and how to create a dynamic strategy. Questions Answered: What if you have sufficient assets/ income that you don't depend on Social Security for your retirement needs? How should that change your approach to collecting social security? Timestamps: 0:00 Intro 2:36 If you don't need Social Security 5:40 First thing to look at 7:48 Listener's situation 10:11 Working in retirement 12:50 The second thing to look at 14:30 The third thing to look at 15:44 The fourth thing to look at 17:15 Examples 20:18 Needing cash down the line 24:49 Final thoughts 25:22 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	01 Aug 2023	Ask Yourself This Question to Transform Your Retirement	00:16:19
What do you think is the key to a successful retirement? By asking yourself the right questions and being intentional about using money to enrich life, you can live more presently in the moment and enjoy a meaningful and successful retirement. James explains the most important question to ask yourself so that you can transform your retirement. Questions Answered: How do you get the most out of life with your money by living intentionally? How do you live intentionally for a more meaningful life? Timestamps: 0:00 Intro 2:37 The email 6:42 The responses 9:46 Points to note 12:03 Steph’s story 13:35 Important things to think about 15:30 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	08 Aug 2023	Here's the Right Way to Determine How Much Individual Stock to Hold	00:28:06
How much of your portfolio is safe to hold in one individual stock? While 5% or 10% is typically recommended, rules of thumb like these are often irrelevant and harmful. The right answer depends upon your specific situation. James explains the right way to determine how much individual stock you should hold based on your situation. Questions Answered: How much is okay to have in an individual stock? What conditions make owning individual stock acceptable or unacceptable? Timestamps: 0:00 Intro 2:02 Monica's story 3:30 Individual stocks 5:02 Example 1 7:45 Conditions 10:18 Technicalities 12:37 Example 2 14:34 Emotional implications 16:11 Framework 19:43 Portfolio size 21:49 Time best spent 22:50 Underperforming 25:07 Why diversify? 27:01 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	15 Aug 2023	What's the Best Way to Fund a Remodel During Retirement?	00:32:01
If you’re retired, you can’t wait around for the next bonus or stock to vest when you have a large expense. When you’re on a fixed income it’s more important than ever to find the best way to pull funds for large expenses. In today’s episode, James explains how to find the best way to pay for large expenses in retirement while answering a listener’s question. Questions Answered: Should you use IRAs (or other assets), cash, or finance to pay for large expenses with today’s high-interest rates? What considerations should you take into account when planning for a big expense in retirement? Timestamps: 0:00 Intro 3:48 Cashflow 8:46 Taxes 10:52 Timing 13:14 Example 20:58 Investment 27:04 Legacy 30:32 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	22 Aug 2023	How Rising Interest Rates Should Impact Your Pension Decision (Lump Sum vs Annuity)	00:26:04
How can rising interest rates impact your pension value? In this week's episode, we analyze a real-life scenario from our listener, Mark, who is weighing the pros and cons of an early retirement, a higher lump sum, or a commit to an annuity. Learn how to calculate the imputed returns of an income annuity and how to determine if taking the lump sum and investing it would be the better option. Questions Answered: What considerations and calculations can be used to decide between a lump sum payout or an annuity? Are you working against yourself by continuing to work? Timestamps: 0:00 Intro 2:40 Mark's question 4:24 Unpacking it 7:38 Don't do your analysis this way 14:09 Here's how to do your analysis 18:54 Risk 19:58 Planning 20:50 Takeaway 24:47 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	29 Aug 2023	Are Adjustable Rate Mortgages Right for You in a High Interest Rate Environment?	00:22:23
Are short-term savings using an adjustable rate mortgage worth the risk of rate hikes? In this podcast, we cover how adjustable rate mortgages (ARMs) work, how they differ from fixed-rate mortgages, and the reality of their adjustment periods. James uses a real-life scenario to dive into the comparison of adjustable and fixed-rate mortgages. Learn how to plan for the worst-case scenarios and evaluate the benefits and drawbacks of each option. Questions answered: Is it better to get a fixed rate mortgage, or is it better to get an adjustable rate mortgage? What is the risk versus reward? Timestamps: 0:00 Intro 3:10 Buying a home 5:18 How ARMs work 7:24 Why use an ARM? 10:11 What's the risk? 14:07 When not to get an ARM 16:15 When to get an ARM 18:50 Other considerations 20:21 Analysis 21:06 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	05 Sep 2023	The Retirement Portfolio Shift- How to Make the Transition Smoothly	00:20:15
It’s common knowledge to have a different portfolio allocation before retirement than you actually have in retirement. But how and when do we actually go about making that change? This episode is based on a listener question: Alan, has a portfolio mix weighted too heavily in stocks. As he shifts into retirement, he is looking to have a new allocation strategy. James discusses how to shift into a different allocation, when the right time to do that is, and what makes the most sense for Alan’s situation. Questions Answered: How do we shift into a new allocation strategy? When should you begin that process? Timestamps: 0:00 Intro 3:08 The framework 8:41 Where should you hold assets? 14:14 What’s the timing? 18:14 In summary 19:11 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	12 Sep 2023	The Tax-Smart Way to Consolidate Your Retirement Accounts	00:24:49
By the time you get to retirement, it is not uncommon to have many different accounts at multiple different institutions. You may be wondering, "How do I begin the process of consolidating everything without paying a bunch in taxes or penalties?" In this episode, James covers three types of taxes you're likely to encounter when consolidating: ordinary income, capital gain, and early withdrawal penalties. He also explains strategies to sidestep these taxes and penalties and how to decode your current allocation to pinpoint your income needs. Questions answered: What is a good strategy for consolidation? How do you ensure you won't get penalized for consolidating? Timestamps: 0:00 Intro 1:55 The situation 5:18 Capital gains 8:46 Income taxes 14:03 401k plans 17:31 Allocation 21:21 Alternatively 23:45 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	19 Sep 2023	Donor Advised Funds - The Secret Weapon for Tax-Efficient Charitable Giving	00:24:28
The majority of people who participate in some level of charitable giving in retirement aren't getting a tax deduction for any of it. While external reasons should drive charitable giving, you should absolutely look to maximize the tax effectiveness of any giving you're already doing. In this episode, James covers how to optimize your tax benefits, detailing donor-advised funds, an often-overlooked tool for maximizing your tax benefits. Learn about when to write off cash contributions, gift appreciated securities, and how your mortgage can play a role in the deductibility of your giving. Questions answered: What should you do differently with your tax strategy when making charitable donations? When does a donor-advised fund make sense for you? Timestamps: 0:00 Intro 1:28 Deductions 4:02 Why it matters 6:15 Donor advised fund 11:03 Important information 14:16 When does it make sense? 17:43 When does it not make sense? 23:09 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	26 Sep 2023	Spend Guilt-Free: How to Shift from a Savings to Spending Mindset in Retirement	00:28:26
One of the most ironic things about retirement spending is that the people who have saved the most money are often the same ones that have the most difficult time spending that money. We often think that if we save up enough money or build up enough of a portfolio that in retirement it will open up unlimited fun and enjoyment. The reality is, for those who have saved well, one of the hardest things you'll find about retirement is the difficulty you'll likely face trying to spend some of that money. James discusses how you how you can shift your savings mindset to a spending mindset. Questions Answered: Why is it so difficult to go from a savings mindset to a spending mindset? How do we start making the shift with our mindset? Timestamps: 0:00 Intro 4:57 James' perspective 7:48 Example 10:47 We need to realize this 14:52 How do we reframe? 16:58 Pillar 1 18:38 Pillar 2 19:19 Pillar 3 20:36 Pillar 4 22:25 Pillar5 24:34 Summary 27:18 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	03 Oct 2023	How to Break Up with Your Financial Advisor	00:19:10
In this episode James explores signs that may indicate it's time to move on from a current financial advisor and discusses the professional and respectful ways to handle this transition. There are three core aspects to consider when contemplating the change: Deciding to Leave: The first step involves recognizing signs that it may be time to move on. Telling Your Advisor: James provides two scripts for notifying your financial advisor about your decision. Handling Logistics: After the decision to switch advisors is made, there are several logistical considerations. James highlights that making the decision to switch advisors can be emotionally challenging, but ultimately, it's a crucial step in securing your financial future. Questions Answered: How do you decide if it's time to leave your financial advisor? What's the best way to tell them that you're leaving? How do you handle the logistics? Show notes links: When Should You Work with a Financial Advisor? https://www.youtube.com/watch?v=1V1X-dovlF4 Script: Break up with your Financial Advisor https://docs.google.com/document/d/1IwYM5DDcvm0FEtkc99Lf9sy840wmGfhLm62-o7NmMpg/edit Timestamps: 0:00 Intro 1:18 How to decide 7:00 How to tell them 8:10 Script 1 9:09 Script 2 11:03 Script 3 15:28 The logistics 17:54 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	10 Oct 2023	Your Retirement Roadmap: A 5-Step Plan to Retirement Readiness	00:26:43
In this episode, James emphasizes the importance of having a well-thought-out financial plan for retirement, rather than relying solely on the size of your investment portfolio. Financial security doesn't come from a specific portfolio number but from having a comprehensive plan. Using a listener's question, James walks through a step-by-step approach to assessing retirement readiness. He discusses aspects like income planning, investment strategies, tax optimization, and protection through insurance and estate planning. Shifting your mindset from a saving mentality to a spending mentality in retirement allows you to fully enjoy your savings. Learn how to determine if you'll be financially secure in retirement and how to optimize your financial resources to enhance your overall retirement experience. Questions Answered: How do you assess your retirement readiness? How can you optimize their retirement plan to enhance their overall retirement experience? Timestamps: 0:00 Intro 1:26 Listener question 4:03 The bills 6:03 Alternative strategy 10:36 The first thing we looked at 12:55 How to maximize 15:35 Your investments 18:58 Risk capacity 21:05 Deductions 23:19 Big picture consideration 25:28 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	17 Oct 2023	Here's How a Pension Should Change Your Investment Strategy	00:25:38
James debunks common misconceptions about retirement portfolio allocation and explains how to factor in your pension, social security, and other fixed-income sources into your plan. He discusses the importance of dividends in assessing investment performance, risk capacity and tolerance, and how mastering them can help determine your optimal retirement portfolio allocation. Questions answered: How should you allocate your portfolio in retirement, considering pensions, social security, and other fixed-income sources? What is risk capacity, and how does it factor into portfolio allocation in retirement? Timestamps: 0:00 3:34 The wrong way 5:09 The right way 5:14 Example 1 7:59 Risk capacity 14:53 Example 2 19:05 Another consideration 21:00 Risk tolerance 21:40 Example 3 22:28 The emotional side 24:35 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	24 Oct 2023	Pretax vs Roth- Which is Better for You If You're in the 24% Tax Bracket?	00:22:08
If you're in a high tax bracket now and expect to remain in a high tax bracket after retirement, should you prioritize pre-tax retirement accounts or Roth retirement accounts for individuals? James answers this and discusses various factors to consider in making this decision, including current and future tax brackets, required minimum distributions (RMDs), charitable giving, life expectancy, and the impact on heirs. Using a real-life scenario, James offers a thoughtful approach to help you make an informed decision based on your unique circumstances. Questions Answered: Should individuals in high current tax brackets prioritize pre-tax retirement accounts or Roth retirement accounts? What impact will required minimum distributions (RMDs) have on your future tax situation? Timestamps: 0:00 Intro 3:48 Considering Roth contributions 7:05 Example 13:25 Charitable giving 15:42 Life expectancy 18:18 What about your heirs? 20:52 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	31 Oct 2023	Does It Ever Make Sense to Purchase an Annuity?	00:26:06
Have you ever wondered if purchasing an annuity makes sense for you? There are two conflicting opinions from financial advisors: some advocate for annuities while others advise against them. James explores the concept of being a fiduciary and the challenges of understanding the financial advisory industry. He covers when annuities may be a suitable option, such as providing guarantees, protecting against longevity, guaranteeing core expenses, and the benefits of Qualified Longevity Annuity Contracts (QLACs) in reducing required minimum distributions. There is no one-size-fits-all approach to financial planning. Your individual circumstances and goals will determine whether annuities are the right choice. It's always a good idea to seek professional advice and review all your options when making decisions about annuities. Questions answered: Is an annuity a suitable financial product for retirement planning? What factors should you consider when deciding whether to purchase an annuity? Timestamps: 0:00 Intro 2:51 What is a fiduciary? 8:43 Explaining annuities 10:53 The wrong way to look at it 13:23 Another way to look at it 17:53 When is there a case for an annuity? 19:49 Another case 22:06 Qualified Longevity Annuity Contract 24:40 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	07 Nov 2023	Is Your Portfolio Big Enough to Benefit From Roth Conversions?	00:21:31
What are the benefits of Roth conversions in retirement planning? James addresses questions about when Roth conversions become worthwhile. This episode explores key factors: Changes in tax bracket Spousal scenarios Impact of portfolio size on tax savings Potential tax savings tend to increase with a higher portfolio balance but be careful not to take unnecessary Roth conversions. James explains different strategies to optimize tax planning. Questions answered: Is there a specific portfolio value at which Roth conversions should be considered? Why might one choose not to do a Roth conversion, and what are the alternatives? Timestamps: 0:00 Intro 3:14 Scenario 6:47 Tax bracket 11:15 Provisional income 14:27 Spousal scenario 16:45 Bottom line 20:29 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	14 Nov 2023	How to Teach Your Adult Children to Plan for Retirement	00:26:58
James walks through a framework of how you ensure that your legacy goals include more than just leaving a chunk of money to your kids when you're gone. He explains the key concepts that can help your child develop strong money management skills. From starting early to diversifying your investments, learn how you can help set your child up for financial success Questions Answered: Why is it important to start investing for retirement early in life? How does early investment preparation not only benefit your retirement but also your financial well-being in your younger years? Timestamps: 0:00 Intro 3:42 Here's where to start 7:36 Owner vs lender 13:46 Diversification 15:42 Starting early 18:26 Why it matters 21:53 Where are you investing? 25:11 Questions to consider 26:08 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	21 Nov 2023	Tax-Loss Harvesting Strategies to Maximize Your Benefit and Avoid Costly Mistakes	00:25:23
Tax loss harvesting is a strategy that investors use to reduce their tax bill. However, there are many misconceptions about tax loss harvesting, including when it's valuable and how to do it effectively. James debunks some of the most common myths about tax loss harvesting and explains how to use this strategy to your advantage. Questions Answered: How can investors benefit from tax loss harvesting by offsetting capital gains and ordinary income taxes? What are the rules and limitations surrounding tax loss harvesting, including the wash sale rule? Timestamps: 0:00 Intro 3:59 Listener example 6:26 Identify a replacement security 11:17 Example 17:20 Capital losses 20:30 Looking at tax loss harvest 23:44 Intentionally realizing gains 24:25 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	28 Nov 2023	Retire Happy: How to Navigate Your Retirement Transition with Joe Kuhn	00:40:20
When we think of retirement, it often evokes dreams of leisure, relaxation, and the freedom to pursue one's passions. Yet, the decision to retire is not merely about leaving a career; it's about embarking on a new chapter filled with purpose and fulfillment. Joe Kuhn, a seasoned retiree and creator of the "Joe Kuhn Loves Retirement" YouTube channel, shares valuable insights gained from his personal journey. Retiring to Something, Not Just From Something Rather than focusing solely on leaving behind the stresses of work, Joe advocates for retiring to something meaningful. His emphasis on having specific plans, hobbies, and activities in retirement resonates with the idea that the transition isn't just a departure; it's an arrival into a new, purposeful phase of life. Slow Travel and the Joy of Unplanned Adventures James and Joe discuss the concept of "slow travel," an approach that involves savoring the journey rather than rushing to the destination. By embracing the beauty of unplanned adventures, he emphasizes that retirement opens up the possibility for individuals to explore at their own pace, fostering a deeper connection with the world around them. Adaptability and Embracing Change Joe shares the evolution of his retirement plans, demonstrating the importance of being open to change. Unforeseen events, such as the COVID-19 pandemic, forced him to reevaluate his consulting work, inspiring his YouTube channel’s transformation into a retirement coaching platform. Joe's story underscores the resilience required in retirement, encouraging individuals to navigate the uncertainties with flexibility and a willingness to explore new paths. Slowing Down and Recognizing Stress Joe reflects on the shift from a high-stress, task-oriented mindset to a more relaxed and balanced lifestyle. The act of slowing down, evident even in routine tasks like mowing the lawn, becomes a metaphor for the broader shift in priorities during retirement. Joe's candid revelation about being unaware of the stress he carried during his working years prompts listeners to reconsider their own well-being and the impact of stress on health. Spending Less and Financial Realities Contrary to expectations, Joe reveals that he is spending significantly less than initially estimated. Adjustments in car usage, changes in insurance, and a transition to streaming services contribute to this surprising revelation. It is important to carefully assess finances and the need to adapt spending habits in retirement based on changing circumstances. Confidence to Spend and Seeking Support Joe addresses a common fear amongst retirees – the confidence to spend money. Despite having sufficient resources, many individuals hesitate due to economic uncertainties. Joe advocates for seeking support, such as from financial advisors, to gain confidence in financial decisions. Retirement is not just about financial planning; it's about developing the confidence to enjoy the fruits of one's labor. Joe Kuhn's journey through retirement offers unique insights for those contemplating or navigating this significant life transition. From the importance of retiring to something meaningful to the adaptability required in the face of unforeseen challenges, Joe's experiences provide a roadmap for creating a fulfilling retirement anchored in purpose, flexibility, and financial mindfulness. Timestamps: 0:00 Emotional prep for retirement 1:34 Joe retires at 54 4:54 Fear versus time 10:04 Retire to (not from) something 14:57 Try different paths 19:44 Adjust to a slower pace 24:42 Release hidden stress 26:55 Spending in retirement 3 Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	05 Dec 2023	Roth IRA Tax-Free Withdrawals: 5-Year Rule Explained	00:19:44
James explores the nuanced aspects of Roth IRAs, shedding light on intricacies that can confound even experienced investors. Through a listener question from Manfred, a retiree contemplating a $50,000 conversion from a 401k to a Roth account, James dissects the crucial five-year holding period and the order in which contributions, conversions, and earnings are treated during withdrawals. James also provides clarity on distribution rules, exceptions, and strategic considerations, offering a comprehensive guide to navigating the complexities of Roth IRAs for optimal retirement planning. Questions Answered: How does the timing of subsequent conversions impact the application of the five-year rule? In Roth IRA withdrawals, what is the specific order of operations, and what implications does that have? Timestamps: 0:00 Manfred’s question 1:39 Get the cheatsheet 2:37 Understanding source nuances 7:01 The five-year rule 8:37 IRS’s order of operations 11:59 Exceptions to the rule 13:49 Only a small impediment 16:14 Back to Manfred’s example Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	12 Dec 2023	When Should You Collect Social Security if Your Spouse is Much Older?	00:20:39
James addresses a listener's question regarding Social Security strategies in retirement. Sasha, aged 59, seeks advice on when to start collecting Social Security, considering her husband's benefits and their overall retirement plan. James emphasizes the importance of considering spousal benefits, survivor benefits, and age gaps in making this decision. He explores the complexities of Social Security analysis, encouraging listeners to run break-even calculations based on the assumed age of the first spouse's death rather than just life expectancy. James also shares a real-life example where delaying one's own benefit and collecting a survivor’s benefit early can be a strategic move. When choosing a Social Security claiming strategy, evaluate the broader impact on taxes, withdrawal rates, asset allocation, and legacy considerations. Questions Answered: How does the age gap between spouses impact the Social Security claiming strategy? What factors should be considered when deciding on your Social Security claiming strategy? Timestamps: 0:00 - Sasha’s SS question 2:19 - Analysis of Sasha’s situation 5:51 - The challenge 9:08 - When assumptions don’t pan out 12:29 - General principles 16:08 - Look at the whole picture Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	19 Dec 2023	Am I Crazy For Paying My Financial Advisor $25k/year?	00:30:20
When you’re doing well financially, paying advisor fees might seem unnecessary. So do you need an advisor if you’re already in a good place? Having a successful retirement isn’t just about not running out of money; it’s about what more you can do. Through a real-life client story, I explain how having an advisor’s perspective to implement the right strategy can be more valuable than the cost of their fee. Advisors can help you avoid biases in the way you invest and plan. They can ensure you have the right withdrawal strategy and don’t overpay on taxes. When handling finances for yourself, you may worry about what you could be missing. A good financial advisor will give you peace of mind, knowing you have all the right information. It’s important to reframe your thinking: Is the cost of your advisor justified by the value provided? Questions Answered: What’s the opportunity cost of not having an advisor? What value does an advisor provide when you are stable financially? Timestamps: 0:00 Financial advisor vs DIY 3:37 Does an advisor add value? 8:30 Story of lost opportunity 12:27 Understand the bigger picture 13:41 Being ok vs optimizing 17:44 Risk of wrong withdrawal strategy 21:13 Risk of overpaying taxes 22:20 Continuity costs 23:27 The real goal 27:31 Appropriately compare Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	26 Dec 2023	Should We Sell Stocks to Make a Large Purchase?	00:21:46
Should you sell long-term stocks for a real estate investment? I walk through one listener’s question and explain what you need to consider before making such a decision. Aside from the obvious–is it a good financial investment–you also need to consider if it's a good emotional decision. Learn: ➡ The tax implications: how are capital gains taxed differently? ➡ How to compare the dividends of a bond to those of a property investment ➡ What important factors and questions need to be carefully accounted for Questions Answered: When does it make sense to sell long-term stocks for real estate investments? How can you determine the “dividends” of a real estate investment? Timestamps: 0:00 - Trade stock for real estate? 2:55 - Calculate yield 6:39 - Consider net operating income 9:15 - Other considerations 12:36 - Calculate taxes 18:57 - Quick summary Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	02 Jan 2024	3 Ways to Protect Against Sequence of Return Risk in Retirement	00:26:43
James explores the concept of sequence of return risk in retirement planning. Most people are unaware of how risky this is, as it doesn’t become an issue until you begin living off your portfolio. Responding to a listener’s inquiry about early retirement, James dives into the potential impact of market timing on retirement outcomes. Learn three actionable strategies: Ensure a reasonable initial withdrawal rate. Implement a suitable withdrawal strategy. Own a diversified mix of assets. Questions Answered: How does sequence of return risk impact retirement outcomes? How can early retirees protect against sequence of return risk? Timestamps: 0:00 - Ben’s question 3:19 - Sequence of returns matters 6:48 - 3 projections to consider 11:49 - The 4% rule 16:05 - Considerations for early retirees 18:57 - 3 protective takeaways 22:15 - Summary Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!
	09 Jan 2024	Bond Ladders in 2024: How to Build a Bond Portfolio for Your Retirement	00:35:16
As one listener prepares for an early retirement, James discusses the situation, covering how to build a bond ladder based on non-retirement funds. James provides a different way of looking at the stock-to-bond conversation. Learn how to determine the appropriate amount to have a bond ladder and whether you should own individual bonds or bond funds as a part of that ladder. Questions Answered: How do you balance risk capacity and risk tolerance in portfolio allocation? How do you build an effective bond portfolio for retirement? Timestamps: 0:00 - Listener case study 2:37 - James’s perspective on bonds 7:42 - Considering purchasing power 10:18 - Balance of stocks and bonds 13:39 - Dividends are typically resilient 16:40 - All bonds not created equally 20:30 - Bond ladder 23:09 - Different types of bonds 24:51 - Withdrawal strategy 26:39 - More on bonds 30:09 - 3 questions to consider Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!

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