The Get Ready for the Future Show

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This week: is the 4% rule still safe, getting ready for Medicare, forced Roth catch-up contributions, and where a $300 raise should go.

Call us at 866-653-PLAN (866-653-7526) or email info@getreadyforthefuture.com to talk through your own situation.

On this episode:
– Karen (66, just retired): Our advisor always talked about the 4% rule — how much can we actually safely pull from our accounts each year?
– Wanda (turning 65 in November): I keep hearing I need to "get ready for Medicare," but nobody's told me what that means. Where do I start?
– Nolan: My company is forcing some of my 401(k) catch-up contributions into Roth next year. Why, and what do I need to do differently?
– Chloe: I just got my first real raise, about $300 more a month. Should it go toward investing or something else?

We also cover this week's headlines: long-term care costs and the "great wealth transfer," six moves if you can't pay off your mortgage before you retire, rolling leftover 529 funds into a Roth IRA, and whether the 2027 Social Security COLA will actually keep up with rising costs.

Timestamps:
00:00 Long-Term Care Costs Threaten the Great Wealth Transfer
8:46 6 Moves If You Can't Pay Off Your Mortgage Before Retirement
14:48 Rolling Leftover 529 Funds Into a Roth IRA
19:47 Will the 2027 Social Security COLA Survive These 3 Costs?
22:15 How Much of Your Social Security Actually Gets Taxed
23:56 Karen's Question: How Much Can You Safely Withdraw in Retirement?
31:53 Wanda's Question: Getting Ready for Medicare at 65
36:43 Nolan's Question: The New Roth Catch-Up Contribution Rule
43:22 Chloe's Question: Where Should a $300 Raise Go First?
48:32 Final Thoughts and How to Get Started

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Helping people discover, protect, and share true financial independence.

🍿 Subscribe for weekly retirement answers:
📈 Talk with us about your retirement plan: call 866-653-PLAN or email info@getreadyforthefuture.com
🎙 Got a question for next week's show? Text or leave a voicemail at 501-381-5228, or email show@getreadyforthefuture.com

#RetirementWithdrawalRate #FourPercentRule #MedicareEnrollment #RothCatchUpContribution #SocialSecurityCOLA #RetirementIncomePlanning #GenWealthFinancialAdvisors #GetReadyForTheFutureShow

This week on The Get Ready for the Future Show: RMDs, widow's Social Security, Solo 401(k) vs. SEP, and debt payoff.

Call us at 866-653-PLAN (866-653-7526) or email info@getreadyforthefuture.com to talk through your situation.

On this episode:
– Will my RMD push me into a higher tax bracket, and can charitable giving help? (Sharon, Hot Springs)
– How does Social Security work differently for a widow? (Judy, Cabot – Question of the Week)
– Solo 401(k) or SEP IRA for my small business? (Marissa, El Dorado)
– Debt snowball or avalanche for my credit card debt? (Miguel, via text)

Plus in this week's What's Happening segment: reacting to a viral claim that financial planning is a "scam," why break-even framing for Social Security claiming is misguided, filling the 12% tax bracket with a Roth conversion, and the Social Security trust fund's 2032 depletion date.

Timestamps:
00:00 Intro – Reacting to a viral "financial planning is a scam" claim
12:04 Filling the 12% tax bracket with a Roth conversion + the 2032 Social Security problem
22:55 This week's questions
23:24 Sharon: Can charitable giving offset my RMD?
30:00 Judy: Social Security as a widow (Question of the Week)
40:53 Marissa: Solo 401(k) vs. SEP IRA
45:00 Miguel: Debt snowball vs. avalanche
48:55 Final thoughts

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Subscribe for weekly retirement answers

Talk with us about your retirement plan: 866-653-PLAN or info@getreadyforthefuture.com

Have a question for the show? Text or call 501-381-5228, or email show@getreadyforthefuture.com


#RMD #QCD #SocialSecurity #RothConversion #RetirementPlanning #TaxPlanning #GenWealth

What happens if the person who's always handled the money suddenly can't anymore? This week on The Get Ready for the Future Show, we tackle a question a lot of couples are afraid to ask out loud: what if I have to take over? Plus three more questions from listeners:
• How much cash should you actually keep once you're living off your portfolio in retirement?
• A $50,000 bonus: should it go to your 401(k), your mortgage, or a brokerage account?
• Just started your first job with a 401(k) match? Here's how to pick your investments without overthinking it.

Real questions, answered in plain English. Subscribe for more straight talk about retirement, investments, and your money.

#retirementplanning #financialadvisor #socialsecurity #401k #financialindependence

Miss one required withdrawal on an inherited IRA and the IRS can now hit you with a 25% penalty on top of the tax you already owe.

Call us at 866-653-PLAN or book a time at getreadyforthefuture.com.

This week's What's Happening roundup: the 2027 Social Security COLA, the SWIFT Act's survivor-benefit expansion, the hidden tax trap in using IRA withdrawals to upsize your home, the Rule of 55, and why sequence of return risk matters most in your first decade of retirement.

On this episode:
– Barbara: her Roth conversion to get ahead of RMDs triggered a Medicare (IRMAA) surprise
– Gerald: the inherited IRA 10-year rule — and whether he really has to withdraw every year
– Vivian: the coverage gap hiding in her employer's group life insurance
– Colin: what to do with an extra $350 a month after his last student loan payment

Timestamps:
00:00 Open — What's Happening segment
02:07 Will the 2027 Social Security COLA keep up with inflation?
05:37 The SWIFT Act — expanding Social Security survivor benefits
11:09 Baby boomers upsizing homes — the hidden IRA withdrawal tax trap
16:06 The Rule of 55 — tapping a 401(k) before 59½ penalty-free
19:04 The "retirement red zone": sequence of return risk
23:53 Get Ready for the Future Show begins
24:23 Barbara: a Roth conversion triggered a Medicare surprise
30:36 Gerald: the inherited IRA 10-year rule
32:30 Why an AI search got Gerald's rule wrong
34:58 A real client example: reinvesting RMDs into a Roth
36:32 Vivian: the group life insurance coverage gap
38:58 A personal story on why life insurance timing matters
42:22 Colin: what to do with an extra $350 a month
48:11 Final thoughts

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#InheritedIRA #SecureAct #IRMAA #RothConversion #RetirementPlanning #GenWealth

Waiting until RMDs force your hand could cost you a tax bracket you'll never see again.

Call us at 866-653-PLAN or book a time at getreadyforthefuture.com.

This week's What's Happening roundup: why "hitting your number" is a lousy reason to retire, whether the new Trump accounts (Section 530A) are worth it for the free $1,000, Fidelity's much-hyped RMD workaround (and why we don't love it), and how living single changes nearly every retirement tax decision.

On this episode:
– Should you do Roth conversions before RMDs kick in — even in a "low" bracket?
– Why the first 5 years of retirement matter more than your average return
– Is 60% of your net worth in one company stock too risky?
– Do you need life insurance in your 20s with no kids or mortgage yet?

Timestamps:
00:00 Open — What's Happening segment
02:25 Why "hitting your number" is a lousy reason to retire
08:55 Trump accounts (Section 530A) — worth it for the free $1,000?
14:13 Fidelity's RMD workaround — and why we don't love it
21:53 Aging alone: how living single changes your retirement taxes
23:25 Get Ready for the Future Show begins
24:51 Diane: why convert to Roth before RMDs force your hand
32:56 Harold: the 4% rule and sequence of return risk
40:05 Alan: 60% of his net worth is in one company's stock
41:53 Morgan: does he need life insurance in his 20s
48:25 The long-term care conversation nobody wants to have
50:39 Final thoughts

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#RothConversion #RMD #SequenceOfReturnRisk #RetirementPlanning #GenWealth