Andy chats with real people (not advisors) doing their own retirement planning. In this episode, Andy talks with Ali & Alison Walker, who live in Arizona currently but lived and traveled abroad for a few years after retiring. They talk about a wide array of retirement planning topics such as when Ali & Alison started getting serious about retirement planning, what they wish they would have known earlier, how they planned for the non-financial aspects of retirement, and a variety of financial topics such as Social Security, investing, portfolio distributions, how they plan to address any potential long term care scenarios and more!

Links in this episode:

• Ali & Alison's website - All Options Considered
• Better Investing organization - here
• Tanja Hester's Our Next Life blog - here

• Tenon Financial monthly e-newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

Andy chats with fellow retirement planner Mike Powers, CPA, PFS, CFP®, from Manuka Financial. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to help advise people who are spending more than planned, what consumers often overlook in retirement planning and much more!

Links in this episode:

• Mike's company's website - Manuka Financial
• Michael Kitces website - here
• Mr Money Mustache blog - here
• ChooseFI financial independent community - here
• Early Retirement Now website - here
• Allan Roth from Wealth Logic - here
• David Hulstrom from Financial Architects - here

• Tenon Financial monthly e-newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

Andy talks about the main points to consider when deciding when to start your Social Security retirement benefits

Links in this episode:

• Tenon Financial June 2024 newsletter discussing how to optimize your Social Security claiming decision - here
• Retirement Planning Education June 2024 blog discussing how to optimize your Social Security claiming decision - here
• My YouTube video - Calculating Your Social Security Primary Insurance Amount

• Tenon Financial monthly e-newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

Listener Q&A where Andy talks about:

• Whether or not it's okay to have a mortgage or rent in retirement ( 1:56 )
• Medicare Part B coinsurance of 20% and whether Medigap/Supplemental policies are worth it ( 8:50 )
• How much money is TOO MUCH money to have in a Health Savings Account ( 13:50 )
• If I've changed any of my views or processes around retirement planning as a result having chatted with multiple "real people" and other retirement planners in this podcast ( 24:57 )
• How advisors can help improve the perception of the industry and how consumers can help try to better vet their potential advisor ( 28:58 )
• How much net worth is enough to consider not having long term care insurance or life insurance ( 43:52 )

Links in this episode:

• FINRA's BrokerCheck - here

• My company newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Laura Maione, who lives in Illinois and retired during the pandemic. They talk about a wide array of retirement planning topics such as when Laura started getting serious about retirement planning, what she wishes he would have known earlier, how she planned for the non-financial aspects of retirement, and a variety of financial topics such as Social Security, investing, portfolio distributions, how she plans to address any potential long term care scenarios and more!

Links in this episode:

• Bogleheads forum - here
• Early Retirement - here
• FireCalc - here
• i-ORP Retirement Planner - here

• Tenon Financial monthly e-newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

Andy chats with fellow retirement planner Angie Furubotten-LaRosee CFP®, from Avea Financial Planning. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to help advise people who are spending more than planned, what consumers often overlook in retirement planning and much more!

Links in this episode:

• Angie's company's website - Avea Wealth Management
• Angie's "Questions to ask...when choosing a financial planner"
• Michael Kitces content - here
• International Living Magazine - here
• Women of Influence Toastmasters Club - here

• Tenon Financial monthly e-newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

Andy gives a summary of the key takeaways from the recently released 2024 Social Security Trustees Report

Links in this episode:

• The 2024 Social Security Trustees Report - here
• The "Summary of Provisions That Would Change the Social Security Program" - here

• Tenon Financial monthly e-newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

Listener Q&A where Andy talks about:

• How to choose a brokerage firm/custodian to use ( 3:00 )
• How frequently to rebalance your portfolio ( 11:46 )
• Annual 401(k) contribution limits between employee and employer contributions ( 14:55 )
• Understanding gift taxes, when a gift tax return is required, the lifetime gift/estate size exemption and the annual gift exclusion ( 19:08 )
• The two different 5-year rules for Roth IRAs ( 24:03 )
• How mortgages or home equity lines of credit play into how much of the gain on the sale of your primary residence can be excluded ( 28:43 )

Links in this episode:

• My YouTube video - Understanding Roth IRA Withdrawal Rules
• My Podcast episode - Understanding the $250k or $500k gain exclusion on selling your primary residence

• My company newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com