Repair The Roof - Estate & Retirement Planning Podcast Ted Gudorf, Danny Gudorf, Gudorf Law Group

"A different strategy is going to be one that can be flexible and solve these issues better than the 4% rule.”Can you really rely on the 4% rule for a comfortable retirement? In this episode, our host Danny Gudorf tackles this controversial topic head-on, revealing why this popular rule might lead you astray. Danny dissects the four major pitfalls of the 4% rule while offering a superior strategy to help you retire sooner and generate more income.By examining hypothetical portfolios and diffe...

"It's crucial to understand how different income sources can impact the taxation of your Social Security benefits."Unlock the secrets to reducing your tax burden on Social Security benefits! Nearly half of all recipients now find themselves taxed on these crucial benefits, and the number is only climbing. On today's episode of The Limitless Retirement Podcast, our host Danny Gudorf explains why this is happening and provides actionable strategies to help you manage it. Learn how the unchanged...

“I always come back to one simple litmus test, do you want to pay the taxes on your IRA now, or do you want the beneficiaries to pay the taxes later?"In this episode of The Limitless Retirement Podcast, Danny Gudorf of Gudorf Financial Group uncovers the myriad of benefits of Roth conversions for those in their 70s, including the potential for a tax-free inheritance and the flexibility gained by avoiding required minimum distributions (RMDs). Tune in to understand why having a mix of traditio...

"RMDs can be a complex and intricate situation in retirement. But knowing these common mistakes can help you navigate this important part of your retirement plan."Our host, Danny Gudorf, unravels the complexities of RMDs and spotlights the top 10 mistakes that could derail your retirement strategy. With new laws changing the starting age from 70.5 to 73, and eventually to 75, it's more crucial than ever to be informed. Discover why you can’t combine RMDs with your spouse's and the hefty tax c...

"By strategically contributing to your HSA throughout your working years, you can build up a substantial balance to help mitigate this impact of the rising health care costs that you're likely to face in retirement."Unlock the full potential of your Health Savings Account and take control of your financial future as our host Danny Gudorf of Gudorf Financial Group, guides us through the world of HSAs on this edition of the Limitless Retirement Podcast. Prepare to have your eyes opened to the p...

“Creating a three-bucket retirement plan is essential for a successful retirement that enables you to avoid being unnecessarily conservative.”Could your well-intentioned, conservative investment strategy for retirement actually be setting you up for financial instability? In this episode of The Limitless Retirement, our host Danny Gudorf flips the script on traditional retirement planning wisdom. He takes a deep look into the world of investment risk, timing risk, and the much-overlooked sequ...