The Retirement Nerds

Erik Soderborg

Retirement gets complicated. Medicare, Social Security, Investments, and your Estate Plan are the core of your retirement decisions, but each of those gets remarkably complex. They are mazes with minefields every step of the way that lead to confusion and nightmares. Our channel puts out videos to help remove obstacles, clear up the mess, and keep your retirement decisions a whole lot more simple.

  1. MAR 4

    Roth IRA 5-Year Rules: How to Avoid Penalties & Taxes

    Do you know about the two Roth 5-year rules? If you don't, violating them could cost you thousands in penalties and taxes. RELATED VIDEOS: https://youtu.be/RODrPaJ-xNU https://youtu.be/9boiPwzOats ZACC'S CHANNEL: https://www.youtube.com/@ZaccMoneyEducation CAPITA FINANCIAL NETWORK LINKS: Email: Connect@capitamail.com Website: https://capitafinancialnetwork.com/ Your Best Financial Year Program: https://www.capitafinancialnetwork.com/your-best-financial-year ✅ Topics covered: • The Forever 5-Year Rule • The 5-Year Penalty Rule • Examples • A framework to help you avoid these issues Check out our resources at https://TheRetirementNerds.com/ ============================= Send me a message!Erik@TheRetirementNerds.com ========================================================== Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro 0:23 The Two 5-Year Rules 3:40 Rule #1 - The Forever 5 Year Rule 7:59 Rule #2 - 5-Year Conversion Rule 9:23 5 Examples 9:53 Example 1 - George Dream Car 15:06 Example 2 - Susan's Serger 18:27 Example 3 - Richard's Cabin 25:18 Example 4 - Jared's Urns 29:54 Example 5 - Margo's Obsession 43:30 Question from Viewer 48:22 Where to Get Help ============================= #investing #theretirementnerds #roth #rothvstraditional #retirementnerds #finance Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

    51 min

  2. FEB 19

    The Family Conversation Nobody Wants to Have: How to Help Your Parents With Estate Planning

    Talking to your parents about estate planning can feel uncomfortable… but waiting too long can create confusion, conflict, and costly mistakes.In this episode, Jim Burch talks about how to start the estate planning conversation with your parents — without causing tension or resistance. This conversation is essential for adult children, caregivers, and anyone navigating family financial planning. Contact Jim: service@easylegalplanning.com https://easylegalplanning.com/ OTHER ESTATE PLANNING VIDEOS: https://youtu.be/nkFQmsdCW-I https://youtu.be/GlF9z6jyMio Subscribe for more interviews about Medicare, financial planning, estate planning, retirement strategy, and real-life conversations that matter. Check out our resources at https://TheRetirementNerds.com/ ============================= Send me a message! Erik@TheRetirementNerds.com ========================================================== Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 How to Start The Conversation 4:01 What Benefits Can I Present? 5:40 The Right People in the Right Seats 7:28 Multiple Decision Makers 9:37 Emotions vs Logic 11:30 Guilt of Decisions 12:58 Tips on Starting the Conversation 14:35 Other Resources 16:23 Where to Get Help ============================= #medicare #theretirementnerds #socialsecurity #retirementnerds #finance #estateplanning #estateplan Disclaimer: This is not legal advice. Please consult with an estate planner around your specific situation.

    21 min

  3. FEB 11

    Watch This Before You Do A Roth Conversion

    If you want to know how to approach a mathematically sound roth conversion strategy, watch this video! Social Security Taxability Video: https://youtu.be/NxH2jHzZwFo Get the Free Social Security Taxability Worksheet Here: https://theretirementnerds.com/social-security-worksheet/ Need help? Email me! Erik@TheRetirementNerds.com Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsletter/ ============================= This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ============================= Send me a message! ============================= Erik@TheRetirementNerds.com ⏰ TIME CODES ⏰ 0:00 Intro 1:00 3 Steps to Do Roth Right 3:25 Conversions vs Contributions 5:13 Step 1: Model Out Taxable SS Income 7:00 Step 2: Layer On Other Income 8:01 Step 3: Understand Traditional, Roth, After Tax 10:45 Starting the Analysis 15:24 Understanding Extra Income Needs 16:16 Serious Issues with Software 17:35 Convert Nothing Idea 29:48 Convert Everything Idea 45:30 Pros & Cons of Convert Nothing and Everything 52:03 Convert Something... how much? 1:06:49 Pros & Cons of Converting Something 1:09:24 Bringing it all together 1:10:25 Question From The Internet 1:16:24 Where to get help ============================= #rothira #theretirementnerds #retirementnerds #rothvstraditional #retirement #retirementplanning #retirementinvesting #retirementadvice #retirementincome #finance #financialfreedom Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

    1h 18m

  4. JAN 31

    Why Smart People Still Don’t Have an Estate Plan

    Most people know they should have an estate plan — yet millions never finish one. In this episode of The Retirement Nerds, I sit down with estate planning expert Jim Burch to break down the biggest hurdles that stop families from completing their estate plan — and how to overcome them. We talk through the most common barriers, including fear of cost, not knowing where to start, avoiding uncomfortable conversations, information overload, and the belief that you must immediately hire a lawyer. Jim explains why these concerns are so common and shares practical ways families can move forward with confidence. If you’ve been putting off your estate plan, this conversation will help you understand what’s actually holding you back — and how to finally get it done. How to Get A Hold of Jim: Website: EasyLegalPlanning.com Email: Service@EasyLegalPlanning.com OTHER VIDEOS WITH JIM: https://youtu.be/nkFQmsdCW-I https://youtu.be/jaKuNJsLSX4 https://youtu.be/pr5sUzt5agw Check out our resources at https://TheRetirementNerds.com/ ============================= Send me a message! Erik@TheRetirementNerds.com ========================================================== Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro 1:00 Costs 4:48 Where to Start 9:38 Afraid to Have the Conversation 13:30 Good and Bad Information 19:13 I Don't Want to Hire an Attorney 21:30 Where to Get Help ============================= #estateplan #estateplanning #willvstrust #theretirementnerds #socialsecurity Disclaimer:This is not legal advice. Consult with an estate planning expert for your specific needs.

    22 min

  5. JAN 26

    CPA Explains How to Gift Money to Your Kids the Right Way

    If you want to help your children financially without triggering unnecessary taxes or IRS headaches, Daniel the CPA explains how to do this in the smartest, most tax-efficient ways. We cover the annual gift tax rules, common mistakes retirees make misunderstanding step up in basis, how gifts can impact your overall tax picture, and the strategies CPAs use to transfer wealth while minimizing taxes. If you’re thinking about helping your kids with a home, education, or everyday expenses, this interview will help you avoid costly errors. Daniel Astleford is a Certified Public Accountant (CPA) and runs his own accounting firm. HERE IS WHERE TO FIND DANIEL: Website: https://danielthecpa.com/ LinkedIn: https://www.linkedin.com/in/daniel-astleford/ OTHER VIDEO WITH DANIEL: https://youtu.be/G1Dc6gVv90g OTHER RELEVANT VIDEOS: https://youtu.be/zjrbXScvmDA https://youtu.be/nkFQmsdCW-I The Retirement Nerds: ⬜️ Join The Retirement Nerds circle here - https://theretirementnerds.com/ ⬜️ Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/ ⏱ Timestamps: 00:00 Intro 01:30 Individual Annual Exclusion 02:54 Tax on Funds Used as Gift 06:09 Gifting Cash vs Other Assets 09:39 Gifting Real Estate 13:42 Education Expenses 15:49 Medical Expenses 16:34 The Death Tax 20:50 Where to Get Help PLEASE NOTE: This video is for education purposes only.It does not constitute legal or tax advice for your specific situation.

    24 min

  6. JAN 15

    When a Trust is a Waste of Money (And When It's Not)

    Estate Planning expert Jim Burch explains who doesn't need to worry about setting up a trust as well as the 5 benefits to setting up a trust for those who would consider this as part of their estate plan. Jim Burch is the owner of Easy Legal Planning. He is has been helping families put together their estate plans for over 20 years and you can reach him at EasyLegalPlanning.com or service@easylegalplanning.com He explains: ▫️Who doesn't need a trust, but should still think about their plan ▫️The 5 benefits of a trust vs a will ▫️How to go about setting up a revocable living trust. Important Links: ▫️Estate Planning 101 Video https://youtu.be/nkFQmsdCW-I ⏱ Timestamps: 00:00 Intro 00:15 Who Doesn't Need a Trust 01:26 Trust vs Estate Plan 1:52 Why A Trust Does Make Sense 3:05 Avoiding Probate 6:45 Privacy Concerns 8:27 Control Over Estate 12:45 Plan A, B, & C 17:05 Organization and Ease 20:22 Where to Get Help The Retirement Nerds: ⬜️ Join The Retirement Nerds circle here - https://theretirementnerds.com/ ⬜️ Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/ PLEASE NOTE: This video is for education purposes only.It does not constitute legal advice for your specific situation.

    22 min

  7. JAN 10

    Tax Expert: How the News Triggered a $22,000 Tax Bill

    CPA and tax expert Daniel Astleford shares a simple story of a retiree who got spooked by the news and decided to pull all retirement investments. This triggered a steep and expensive tax bill for this individual who used the money and didn't share what they had done with their advisors. When the tax man came calling, they didn't have enough to cover their tax liabilities. Daniel Astleford is a Certified Public Accountant (CPA) and runs his own accounting firm. HERE IS WHERE TO FIND DANIEL: Website: https://danielthecpa.com/ LinkedIn: https://www.linkedin.com/in/daniel-astleford/ He explains: ▫️Why listening to the wrong people can cost you thousands ▫️Basic tax planning tips ▫️How a tax professional can plan and help you keep more of your money ▫️What working with a tax professional looks like. ⏱ Timestamps: 00:00 Intro 02:04 Building a Team Around You 03:52 The Big Retirement Mistake 06:38 The Tax Consequences 11:36 It Could Have Been Reversed 12:52 Silent Destruction of Finances 15:40 Strategy 1: 3-Year Plan 19:06 Strategy 2: 4-Year Plan 21:32 When a CPA Makes Sense 27:34 Where to Get Help The Retirement Nerds: Join The Retirement Nerds circle here - https://theretirementnerds.com/ Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/ Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Daniel. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast.

    29 min

  8. JAN 9

    Your Best Financial Year: This Will Change How You Think About Your Finances

    Financial expert Zacc Call details how small, weekly financial checkpoints can completely transform your relationship with money and help you have Your Best Financial Year. Zacc Call is a financial advisor and the President of Capita Financial Network. He is an expert in financial and retirement planning. He and his team have produced a weekly task list covering 8 financial categories that act as simple checkpoints to ensure your finances are in order. He has his own YouTube channel called Zacc Call | Money Education.He explains:▫️Why financial conversations can feel so overwhelming▫️The "Your Best Financial Year" program and how it works▫️How small weekly habits can shape financial freedom▫️The hidden secret of overnight success. *hint* It's not overnight.HERE IS WHERE TO GO FOR "YOUR BEST FINANCIAL YEAR"https://www.capitafinancialnetwork.com/your-best-financial-yearImportant Links:▫️The 7 Prosperity Projects BOOK:https://amzn.to/4dvxWgA▫️The 7 Prosperity Projects VIDEO:https://youtu.be/voWbWZ9tu04▫️How small weekly habits can shape financial freedom▫️The hidden secret of overnight success. *hint* It's not overnight.⏱ Timestamps:00:00 Intro 00:28 My Best Financial Year: FOMO01:18 The "Your Best Financial Year" Program03:16 7 Prosperity Projects vs YBFY Program6:08 8 Components of Financial Planning10:14 How to Get It and The Cost13:01 Example: Estate Planning Tasks18:40 Example: Investment Balance Tasks23:50 Example: Cash Flow Management Tasks27:48 Where Your Focus Rests29:21 Why Does Zacc Do This?35:35 More Detailed Breakdown of The Program37:39 Starting This Program38:07 First 4 Weeks44:08 Your Turn to ShareFollow Zacc:YouTube - https://www.youtube.com/@ZaccMoneyEducationWebsite - https://www.capitafinancialnetwork.com/YBFY Weekly Newsletter Sign Up - https://www.capitafinancialnetwork.com/your-best-financial-yearThe Retirement Nerds:⬜️ Join The Retirement Nerds circle here - https://theretirementnerds.com/⬜️ Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

    46 min
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About

Retirement gets complicated. Medicare, Social Security, Investments, and your Estate Plan are the core of your retirement decisions, but each of those gets remarkably complex. They are mazes with minefields every step of the way that lead to confusion and nightmares. Our channel puts out videos to help remove obstacles, clear up the mess, and keep your retirement decisions a whole lot more simple.

Information

  • Creator
    Erik Soderborg
  • Years Active
    2025 - 2026
  • Episodes
    42
  • Rating
    Clean
  • Copyright
    © Erik Soderborg
  • Show Website
    The Retirement Nerds

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