Retirement Answer Man

How will Social Security benefits fit into your retirement equation? If you have a spouse, there is an added level of complexity when considering your Social Security claiming strategy. 

We explore this topic and more through listener questions on today’s episode of Retirement Answer Man. Learn what to consider and how to approach the Social Security question by pressing play.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

LISTENER QUESTIONS

  • [3:49] Kathy shares Soaring Spirits International – a widows' group
  • [4:33] Claiming Social Security strategies
  • [9:55] Non-qualified stock options
  • [18:39] Simplifying your investments going into retirement

BRING IT ON

  • [32:19] Having passions or projects to drive you
  • [35:09] Plan your days in retirement

TODAY’S SMART SPRINT SEGMENT

  • [36:47] Declutter one thing

Resources Mentioned In This Episode

Soaring Spirits International

SSA.gov

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center

Direct download: RAM484.mp3
Category:general -- posted at: 2:00am CDT

If you are thinking about retiring in the next few years you’re probably wondering what the best tools are to help you plan. Finding the right retirement planning software can not only help you plan retirement but help put your mind at ease so that you can Rock Retirement!

One listener asks my opinion on the best retirement software to use. If you are curious about my answer you’ll press play. 

In this episode, you’ll also hear about the books I read in March, an interview with Steven Chen from the New Retirement Calculator, and learn the benefits of creating horizontal relationships.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

BOOK REVIEWS

  • [1:30] Books I read in March

LISTENER QUESTIONS

  • [5:30] Which retirement software should I use?
  • [11:49] On using dividend investing to fund retirement
  • [20:19] On using indexed annuities with downside protection
  • [24:04] A recommendation for my wife, Shawna
  • [24:55] Looking for a financial planner that is a retirement consultant 

STEVEN CHEN INTERVIEW ON THE NEW RETIREMENT CALCULATOR

  • [26:45] What New Retirement Calculator users think about
  • [33:06] Planning for the future
  • [38:36] What’s new with the New Retirement Calculator

BRING IT ON

  • [41:55] The benefits of creating horizontal relationships

TODAY’S SMART SPRINT SEGMENT

  • [47:10] Revisit your allocation plan

Resources Mentioned In This Episode

NAPFA

Garrett Planning Network

New Retirement Calculator

Money Guide Pro Elite

Financeware

BOOK - The Courage to Be Disliked by Ichiro Kishimi

BOOK - Make Your Bed by William McCraven

BOOK - Sea Stories by William McCraven

BOOK - Build by Tony Fadell

BOOK - Top Five Regrets of the Dying by Bonnie Ware

Morningstar’s The Long View Podcast - Retirement Planning Is Not Financial Planning

LiveWithRoger.com - Register for the webinar on May 11, 2023 to discover the 4 Phases of a Great Retirement Plan

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center

Direct download: RAM483.mp3
Category:general -- posted at: 2:00am CDT

We continue our focus on you this month as we dive deeper into listener questions. Today we have a range of questions from various aspects of the retirement process.

If you have a question you want to be answered, head on over to RogerWhitney.com/AskRoger. You can type in a question or leave an audio recording–those are my favorites!

Listen in to learn how to work through the decumulation phase of retirement by developing a withdrawal plan that fits your needs. 

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

LISTENER QUESTIONS

  • [3:32] What are the advantages or disadvantages to using bond funds to create an income floor?
  • [9:21] How do I report a QCD on my income tax return?
  • [14:50] Can you contribute to a Roth IRA with only a 1099 income?
  • [16:00] On doing a series on grey divorce in the future
  • [17:14] Where to pull money from first in the decumulation phase
  • [23:04] Where to put your passwords

BRING IT ON

  • [28:20] Are we ever enough?

TODAY’S SMART SPRINT SEGMENT

  • [31:01] Confirm that your spouse knows your passwords

Resources Mentioned In This Episode

Everplans

1Pass

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center

Direct download: RAM482.mp3
Category:general -- posted at: 8:45pm CDT

All month long, I’ll be answering fantastic questions from listeners like you. Today, we’ll explore the steps you should take if you’re in your 50s and get laid off. 

Have you ever thought about what you would do in this situation? Listen in to find out. 

In the Bring It On segment, Dr. Bobby Dubois helps us understand the effects of stress and what we can do to combat stress so that we can live longer, healthier lives. You won’t want to miss his four exercises for working through everyday stressors.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

PRACTICAL PLANNING SEGMENT

  • [3:38] Who is listening

LISTENER QUESTIONS

  • [6:38] In my fifties and laid off. What should I do?
  • [17:08] Is there a widows group within the Rock Retirement Club?
  • [18:11] What can retirees do to protect themselves from the effects of the government reaching the debt ceiling?

BRING IT ON WITH DR. BOBBY DUBOIS

  • [25:05] Another skill to keep you healthy 
  • [27:45] Defining mind-body activities
  • [29:22] Defining stress
  • [34:22] Stress affects many areas of our lives
  • [38:35] What you can do to combat stress in your life
  • [44:20] How to try stress relieving exercises to see if they work for you

TODAY’S SMART SPRINT SEGMENT

  • [46:40] Assess your situation and do some basic triage

Resources Mentioned In This Episode

Wings for Widows

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center

Direct download: RAM481.mp3
Category:general -- posted at: 2:00am CDT

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