15 episodes

Retirement is the plan. You worked hard to get where you are, now have a retirement that works hard for you.

If you want to achieve… confidence, peace of mind, control of your future, a rock-solid income plan, financial freedom, and unrestricted options in retirement this show is the right one for you! Retirement is approaching and you can’t afford to make mistakes with your money. In the back of your mind, there are concerns about what happens if there is another financial downfall as you are getting closer to having the life you have always dreamed about.

You have a desire for answers but you tend to struggle to figure out what questions to ask. You possibly are frustrated by the lack of clarity on what to do and whether or not the advice you’re getting can be trusted. You may have made the mistake before of not doing enough diligence on who you work with and are cautious to explore another relationship.
However, you know that if you don’t take action and get clarity on your perfect retirement plan, you will be going into the most critical years of your life unsure that you are prepared to live out retirement as you’ve imagined.

Radon Stancil, CFP®, and Murs Tariq, CFP® are dedicated to guiding you through knowing what questions to ask and what information to gather in order to feel 100% confident about your retirement plan. For more information visit: https://pomwealth.net/podcast

Secure Your Retirement Radon Stancil, CFP® & Murs Tariq, CFP®

    • Investing
    • 5.0 • 245 Ratings

Retirement is the plan. You worked hard to get where you are, now have a retirement that works hard for you.

If you want to achieve… confidence, peace of mind, control of your future, a rock-solid income plan, financial freedom, and unrestricted options in retirement this show is the right one for you! Retirement is approaching and you can’t afford to make mistakes with your money. In the back of your mind, there are concerns about what happens if there is another financial downfall as you are getting closer to having the life you have always dreamed about.

You have a desire for answers but you tend to struggle to figure out what questions to ask. You possibly are frustrated by the lack of clarity on what to do and whether or not the advice you’re getting can be trusted. You may have made the mistake before of not doing enough diligence on who you work with and are cautious to explore another relationship.
However, you know that if you don’t take action and get clarity on your perfect retirement plan, you will be going into the most critical years of your life unsure that you are prepared to live out retirement as you’ve imagined.

Radon Stancil, CFP®, and Murs Tariq, CFP® are dedicated to guiding you through knowing what questions to ask and what information to gather in order to feel 100% confident about your retirement plan. For more information visit: https://pomwealth.net/podcast

    Connecting Your Retirement and Tax Planning

    Connecting Your Retirement and Tax Planning

    Do you know how tax could affect your retirement plans?
    When planning for your retirement, it's important to consider how tax can impact your financial future.
    In the previous episode of the podcast, Tom helped us define some common tax terms and gave some fantastic advice on managing your tax before and after retirement. In this follow-up episode, Radon, Murs, and Morgan talk about putting CPA Tom Turner's tax and retirement advice into action. We break down how tax can affect your retirement income plan's different assets, so you know what to expect as you move towards retirement.
    In this episode, find out:
    How tax brackets apply to your retirement income plan
    The tax differences between your primary home and your vacation home
    What stock dividends are and how they’re taxed
    The issue with mutual fund dividends
    Why you shouldn’t rely on dividends as part of your retirement income plan
    When you should start taking your Social Security
    How required minimum distributions and charitable donations factor into your retirement income plan


    If you're enjoying this podcast, please subscribe and share it with your friends and family!


    Tweetable Quotes:
    “We've changed minds on the right the right way to take Social Security because of how we look at it.”
    “You can take a portion or even all of your RMD and give that to a charity and it's now tax-free.”
    “We encourage all of you, any of you that are within ten years of retirement, or already in retirement, to make sure you have a written income plan.”


    Resources:
    If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement.
    To access the course, visit http://pomwealth.net/podcast (http://pomwealth.net/podcast)
    To receive our free book, Get Off the Retirement Rollercoaster, leave this podcast a 5-star rating review on Apple Podcasts and send a screenshot to morgan@pomwealth.net

    • 21 min
    Tom Turner | Planning Taxes and Retirement

    Tom Turner | Planning Taxes and Retirement

    As you begin to plan for your retirement, you may be wondering how tax could impact your finances and how to factor it into your retirement planning strategy.
    We were delighted to invite Tom Turner, CPA, and Partner at Heroux & Company, LLP, onto the podcast and get his expert insights on this complex subject.
    In this episode, we leverage Tom's 20 years of experience to break down how tax will affect your retirement plans. Tom defines some of the commonly used tax terms and simplifies some of the more confusing tax aspects and how they apply to your assets. 
    In this episode, find out:
    What tax brackets there are and how a marginal tax structure works
    How retirement contributions can help lower the amount of tax you pay
    How tax comes into play when selling a property
    How stock dividends get taxed
    Why you don't need to put assets in an IRA on your tax return
    The benefits of working with a CPA over a "TurboTax" solution
    How your Social Security is taxed and what happens if you take it early
    What a Roth conversion is and how it could affect your Social Security taxes 
    How to make tax-smart qualified charitable distributions
    Tweetable Quotes:
    “We're in a tax bracket structure that's marginal. The more you make, the more you pay.” – Tom Turner
    “Managing your capital gains can make a big difference on your taxes.” – Tom Turner
    “The beauty of putting money into retirement is that it grows tax-free.” – Tom Turner
    Important Links & Mentions
    Heroux & Company (http://www.hcocpa.net/)
    Call Tom on 9197889570
    Email Tom directly at tturner@hcocpa.net (mailto:tturner@hcocpa.net)


    Resources:
    If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
    To access the course, visit POMWealth.net/podcast (http://pomwealth.net/podcast).
    To receive our free book, Get Off the Retirement Rollercoaster, leave a 5-star rating review on Apple Podcasts and send a screenshot to morgan@pomwealth.net (mailto:morgan@pomwealth.net).

    • 45 min
    Planning for Retirement - How the Process Works, Part 3

    Planning for Retirement - How the Process Works, Part 3

    Do you need help planning your finances for long-term care?
    In the third installment of the Retirement in Action mini-series, we return to our roleplay with Radon, Murs, and Morgan to help you know what to expect when financially planning your retirement.
    This episode highlights how some typical retiree concerns, including long-term care planning, will be addressed in your financial retirement plan. We also discuss the process of finding the risk tolerance level that you’re happy with to manage your investment portfolio.
    To listen to this mini-series from the beginning, please listen to episode eight of the Secure Your Retirement podcast, ‘Planning for Retirement – How the Process Works, Part 1’.
    If you missed part two, please listen to episode ten of the Secure Your Retirement podcast, ‘Planning for Retirement – How the Process Works, Part 2’.
    In this episode, find out:
    How you can start to prepare financially for long-term care
    Why it’s necessary to have a good estate plan
    How to find out what your risk tolerance is
    How to a financial planner can help you to manage risk in your investment portfolio
    Resources:
    If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement.
    To access the course, visit POMWealth.net/podcast (http://pomwealth.net/podcast).
    To receive our free book, Get Off the Retirement Rollercoaster, leave this podcast a 5-star rating review on Apple Podcasts and send a screenshot to morgan (mailto:morgan@pomwealth.net).

    • 22 min
    Navigating Medicare in Retirement

    Navigating Medicare in Retirement

    If you are 65 or over, you may be considering signing up for Medicare. Medicare is federal health insurance for people aged 65 or older. However, younger people can also qualify for Medicare such as those with disabilities or end-stage renal disease. 
    Although a lot of people transition to Medicare when they turn 65, there’s a surprising lack of general knowledge and insight into the federal health insurance program.
    We wanted to find out more about Medicare from someone who knows exactly how it works, what it covers, and who is eligible for it. So, we invited Lorraine Bowen (Medicare Specialist) onto this episode of the Secure Your Retirement podcast to talk about Medicare in more detail, including Medicare supplements, the four categories of Medicare coverage (Part A, B, C, and D), and so much more.
    In this episode find out:
    What got Lorraine into the Medicare profession and why she is so passionate about it
    Why Lorraine loves her role so much
    What Medicare is and why it is necessary
    What you should do if you are 65 or over and you want to find out if you are entitled to Medicare
    How Medicare’s penalties work
    What Medicare covers regarding medical expenses
    What the four categories: Part A (hospital insurance), Part B (medical insurance), Part C (Medicare Advantage), and Part D (prescription drugs) of Medicare covers
    What Part C (Medicare Advantage) means and how it works
    The difference between a Medicare Supplement policy (or Medigap) vs the Medicare Advantage
    The different types of Medigap insurance plans and policies that are available
    How Lorraine helps people decide which Medicare plan to choose
    Questions to ask yourself to help you decide what to look for when it comes to Medicare Part D and the Medicare Supplement route
    How somebody who is turning 65 can prepare to enroll for Medicare
    Tweetable Quotes:
    “Medigap will go up every year, the Medicare Advantage plans do not. You can be 65 or 95, they're the same price on the Advantage plans.”
    “I am always available if they have a problem with a claim or an issue to help them get through that and get it solved.”
     
    Important Links & Mentions
    Medicare website (https://www.medicare.gov/)
    Email Lorraine directly at Lorraine4554@yahoo.com (mailto:Lorraine4554@yahoo.com)
    Call Lorraine on 9193375734
     
    Resources:
    If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
    To access the course, simply visit http://pomwealth.net/podcast (http://pomwealth.net/podcast)
    To receive our free book, Get Off the Retirement Rollercoaster, leave a 5-star rating review on Apple Podcasts and send a screenshot to morgan@pomwealth.net

    • 38 min
    Planning for Retirement – How the Process Works, Part 2

    Planning for Retirement – How the Process Works, Part 2

    In part two of the Retirement in Action mini-series, Radon, Murs, and Morgan move onto the next steps of building a retirement plan, following their initial consultation roleplay in the first episode of the series.
    In this part of the process, the retiree is presented with a plan and simulations for their future, based on the data that was previously provided.
    If you missed part one of this mini-series please listen to episode eight of the Secure Your Retirement podcast, ‘Planning for Retirement – How the Process Works, Part 1’.
    In this episode, find out:
    How the retirement analyzer shapes your retirement plan
    What your investable assets are
    Where inflation will and won’t be applied
    How running a simulation can give you clarity on your plans
    Where your required minimum distribution applies and how it’ll work for you
    How the “what ifs” can affect your plan


    Important Links & Mentions
    If you have any questions about this episode or any topics that we raised in it, please email info@pomwealth.net (mailto:info@pomwealth.net)


    Resources:
    If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement.
    To access the course, visit POMWealth.net/podcast (http://pomwealth.net/podcast)
    To receive our free book, Get Off the Retirement Rollercoaster, leave this podcast a 5-star rating review on Apple Podcasts and send a screenshot to morgan@pomwealth.net

    • 25 min
    Jack Reutemann - How to Manage Your Money When the President Has Coronavirus

    Jack Reutemann - How to Manage Your Money When the President Has Coronavirus

    The news that President Trump has been diagnosed with COVID-19 has set a lot of change into motion, but what does it mean for your investments?
    If you’ve been advised to buy and hold, and now feel unsure if that’s the correct approach for you. Or, if you don’t feel satisfied with your current money management strategy, you aren’t alone.
    In this episode, we speak to Jack Reutemann, an experienced financial services advisor and self-proclaimed “financial first responder”, to get his advice on what this latest news could mean for your investment portfolio. Jack also gives his thoughts on the pie chart approach and how active risk management is the key to keeping your financial investments safe.
    In this episode, find out:
    Why you should rethink how you’ve been taught to manage your money
    The problem with the pie chart approach 
    The resource that could save you millions of dollars in risk management
    What the ‘mutual fund broker-dealer industrial complex’ is and how it could be affecting your money
    Why risk management is the most important factor in managing your investment portfolio
    The importance of reviewing your investment portfolio for people approaching retirement
    What the stomach test is and why you should take it
    How the president’s pre-election COVID-19 diagnosis could affect our approach to managing money
    Why the next 60 days are crucial for the future of the United States of America
    The three possible scenarios and outcomes of the presidential election
    Why knowing how to take defensive action and mitigate risk is crucial at this moment in time
    How having a process can help you manage and mitigate risk
    How the president’s diagnosis could affect the stimulus package
    Tweetable Quotes:
    “The older you get, the less risk tolerant you should be” – Jack Reutemann
    “We are entering what is going to be possibly the 60 most volatile days in the history of the United States of America since the civil war” – Jack Reutemann
     
    Important Links & Mentions
    Jack Reutemann’s course, No More Pies (https://www.nomorepies.com/)
    Bill Good’s Marketing System (https://www.billgoodmarketing.com/)
    Tom Dorsey’s book, Point and Figure Charting (https://www.amazon.com/Point-Figure-Charting-Application-Forecasting-dp-1118445708/dp/1118445708/ref=dp_ob_title_bk)
     
    Resources:
    If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement.
    To access the course, visit POMWealth.net/podcast (http://pomwealth.net/podcast)
    To receive our free book, Get Off the Retirement Rollercoaster, leave this podcast a 5-star rating review on Apple Podcasts and send a screenshot to morgan@pomwealth.net 

    • 40 min

Customer Reviews

5.0 out of 5
245 Ratings

245 Ratings

Owlshooters ,

Great Podcast

Thanks for these podcast they are full of valuable tips and information. Please keep them coming each week.

Mot Newob ,

Loved the Medicare Info!

Thank you, Radon and Murs, for helping us seniors untangling the lines on Medicare! It's like a Rubik's cube to us ordinary folks. Plan F, Plan G, Part A, Part C - after a while you start pulling out your hair. Your guest this week, Lorraine Bowen, was soooo knowledgeable and professional in her explanations. Thank you for providing us with such great resources for retirement!

Elle from Nashville ,

The Best Retirement Planning Podcast Out There!

Retirement can cause many feelings in people such as overwhelm, confusion, fear, stress, and more. Radon

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