Retirement SimpliFied with Eric Sigdestad CFP®

Eric Sigdestad
  • 5.0 (3)
  • Investing
  • Weekly

Retirement planning made simple. Every episode takes one real decision, pulled from an actual client conversation, and walks you through it in plain English: retirement withdrawals, Roth conversions, taxes, Medicare, Social Security, required minimum distributions, and more. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, with more than 10,000 client conversations about retirement behind me. Whether you're nearing retirement, already in it, or helping a parent through it, this show is for you. Subscribe on your favorite podcast app for a new episode every week and find us at https://RetireMeASAP.com. Produced by Eric Sigdestad, an investment adviser representative of SimpliFi, Inc., an SEC-registered investment adviser. Educational only, not individualized investment, tax, or legal advice; no advisory relationship. Client examples are anonymized, not testimonials. Consult a professional. www.adviserinfo.sec.gov

  1. Oct 19 ·  Video

    Retiring at 62? The Three Years Before Medicare Cost More Than You Think

    Retiring at 62 leaves you with three years of health insurance to pay for before Medicare kicks in, and for a lot of people it's the biggest expense that never made it into their plan. In this episode, I walk through four ways to bridge that gap, the one number that decides what you'll pay, and why the bill can follow you well past 65. Watch this before you pick your retirement date. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, and over my career, I've had more than 10,000 conversations with people about retirement. I post a new episode every week on YouTube and your favorite podcast platforms. IRMAA - Why One Withdrawal Can Raise Medicare Costs Later: https://youtu.be/ClkV9Di7SE4 QCD's - Give the Exact Same Amount to Charity Without the Tax Bill: https://www.youtube.com/watch?v=CfwX909qnlk&t=1s ------------------------------- Subscribe for a new episode every week 🔔 Ready to build a plan that fits your life? Start here → https://www.retiremeasap.com/contact ------------------------------- This content does not constitute personalized investment, tax, or legal advice. SimpliFi, Inc. is an SEC-registered investment adviser (CRD No. 3140614); registration does not imply a certain level of skill or training. Individual circumstances vary, please consult with your adviser before acting on any information discussed here.

  2. Oct 12 ·  Video

    Most Retirees Are Taking More Risk Than They Realize

    The decade around your retirement date is when your investment risk matters most, and most people go through it holding a mix set for a life they lived years ago. In this episode, I walk through 4 ways retirees end up carrying more risk than they realize, plus a hypothetical example where the timing of just two bad years leaves one retiree hundreds of thousands of dollars behind. Stick around for a 3-step homework assignment you can finish this week. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, and over my career, I've had more than 10,000 conversations with people about retirement. I post a new episode every week on YouTube and your favorite podcast platforms. ------------------------------- Subscribe for a new episode every week 🔔 Ready to build a plan that fits your life? Start here → https://www.retiremeasap.com/contact ------------------------------- This content does not constitute personalized investment, tax, or legal advice. SimpliFi, Inc. is an SEC-registered investment adviser (CRD No. 3140614); registration does not imply a certain level of skill or training. Individual circumstances vary, please consult with your adviser before acting on any information discussed here. Past performance is not indicative of future results. Any tax-savings figures shown are hypothetical, are for illustrative purposes only, and do not guarantee any specific outcome. All investing involves risk, including possible loss of principal.

  3. Oct 5 ·  Video

    Give the Exact Same Amount to Charity Without the Tax Bill

    If you give to charity every year, you could be handing thousands of dollars to the IRS that you never had to pay. The charity gets every dollar either way, and the difference comes down to one choice most givers over 70½ never think to make. In this episode, I walk through a hypothetical example and the five mistakes that can wipe out the savings, including one that can cost you the entire benefit. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, and over my career, I've had more than 10,000 conversations with people about retirement. I post a new episode every week on YouTube and your favorite podcast platforms. ------------------------------- Subscribe for a new episode every week 🔔 Ready to build a plan that fits your life? Start here → https://www.retiremeasap.com/contact ------------------------------- This content does not constitute personalized investment, tax, or legal advice. SimpliFi, Inc. is an SEC-registered investment adviser (CRD No. 3140614); registration does not imply a certain level of skill or training. Individual circumstances vary, please consult with your adviser before acting on any information discussed here. Past performance is not indicative of future results. The projected tax-savings figures shown in this episode are hypothetical, are for illustrative purposes only, and do not guarantee any specific outcome. Individual results depend on your tax bracket, RMD amount, and gift size. All investing involves risk, including possible loss of principal.

  4. Sep 28 ·  Video

    Don't Make Your 'Responsible' Kid the Only Heir

    Leaving everything to your "responsible" kid and asking them to look after their sibling feels like the choice that holds your family together, yet it can end up costing that child more than you'd ever expect. In this episode, I walk through a hypothetical $1,000,000 IRA left to one child, the two costs that come with that plan, and the one change that gets you what you wanted in the first place. If you have one child who has it together and one who doesn't, watch this before you update your beneficiary forms. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, and over my career, I've had more than 10,000 conversations with people about retirement. I post a new episode every week on YouTube and your favorite podcast platforms. ------------------------------- Subscribe for a new episode every week 🔔 Ready to build a plan that fits your life? Start here → https://www.retiremeasap.com/contact ------------------------------- This content does not constitute personalized investment, tax, or legal advice. SimpliFi, Inc. is an SEC-registered investment adviser (CRD No. 3140614); registration does not imply a certain level of skill or training. Individual circumstances vary, please consult with your adviser before acting on any information discussed here.

  5. Sep 21 ·  Video

    The Roth Conversion Golden Years

    Somewhere in retirement, there's a stretch of years when your income drops, maybe to the lowest point of your adult life, and nobody sends you a notice when it opens or when it closes. While it's open, moving money out of your IRA can cost you less than it ever will again. In this episode, I show you the three events that set your window, how to count the years you actually have, and the four ceilings that decide how much you can put through it before a conversion starts costing more than it saves. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, and over my career, I've had more than 10,000 conversations with people about retirement. I post a new episode every week on YouTube and your favorite podcast platforms. ------------------------------- Subscribe for a new episode every week 🔔 Ready to build a plan that fits your life? Start here → https://www.retiremeasap.com/contact ------------------------------- Timestamps: 0:00 There Is No Right Age 0:42 How a Roth Conversion Works 1:04 What Opens and Closes the Window 2:37 Counting Your Years 3:44 Three Reasons to Bother 4:56 The Four Ceilings 7:24 A Hypothetical: Jack and Diane, $1.8 Million 9:31 The Catch: You Can't Undo It 9:47 Three Questions Before You Convert 10:29 Bottom Line ------------------------------- This content does not constitute personalized investment, tax, or legal advice. SimpliFi, Inc. is an SEC-registered investment adviser (CRD No. 3140614); registration does not imply a certain level of skill or training. Individual circumstances vary, please consult with your adviser before acting on any information discussed here. Past performance is not indicative of future results. The figures and example shown are hypothetical, are for illustrative purposes only, and do not guarantee any specific outcome. All investing involves risk, including possible loss of principal.

  6. Sep 14 ·  Video

    RMDs Are Not The Monster You Think They Are

    The RMD warning you've heard for years is running on rules Congress rewrote five separate times since 2019, and the warning never caught up. Every one of those five changes worked in your favor, except for one group of retirees, where the same changes raised the stakes. In this episode, I show you exactly which side of that line you land on. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, and over my career, I've had more than 10,000 conversations with people about retirement. I post a new episode every week on YouTube and your favorite podcast platforms. ------------------------------- Subscribe for a new episode every week 🔔 Ready to build a plan that fits your life? Start here → https://www.retiremeasap.com/contact ------------------------------- This content does not constitute personalized investment, tax, or legal advice. SimpliFi, Inc. is an SEC-registered investment adviser (CRD No. 3140614); registration does not imply a certain level of skill or training. Individual circumstances vary — please consult with your adviser before acting on any information discussed here.

  7. Sep 7 ·  Video

    The Real Cost of Pulling $25,000 Out of Your IRA This Year

    Ask five people what a $25,000 IRA withdrawal costs in taxes and you will get five different answers. In this episode, I do the actual math. I explain how the income tax staircase works, and why your tax bracket is a poor stand-in for what a withdrawal really costs. Then I show you the one number to pull off your tax return before you request a dollar, and I compare the two ways people get $25,000 into their checking account. Same money in your pocket, meaningfully different outcomes by the end of the year. If you are planning a withdrawal this year, for a new roof, a trip, or anything else, watch this before you fill out the form. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, and over my career, I've had more than 10,000 conversations with people about retirement. I post a new episode every week on YouTube and your favorite podcast platforms. ------------------------------- Subscribe for a new episode every week 🔔 Ready to build a plan that fits your life? Start here → https://www.retiremeasap.com/contact ------------------------------- This content is provided for general educational purposes only and does not constitute personalized investment, tax, or legal advice. SimpliFi, Inc. is an SEC-registered investment adviser (CRD No. 3140614); registration does not imply a certain level of skill or training. Individual circumstances vary — please consult with your adviser before acting on any information discussed here.

  8. Aug 31 ·  Video

    The One Test That Answers "How Much Do I Need in Retirement?"

    Ask most people what they spend each month, and you get a confident answer. Ask them to prove it, and the number comes apart, spread across three or four credit cards, a checking account, and a couple of recurring charges nobody remembers starting. Your whole retirement plan rests on that one figure, and there is a simple test that settles it to the dollar. The window to run this test closes the day you retire. In this episode, I lay out what the test is and how long it takes. Watch this before you build a retirement around a number you guessed at. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, and over my career, I've had more than 10,000 conversations with people about retirement. I post a new episode every week on YouTube and your favorite podcast platforms. ------------------------------- Subscribe for a new episode every week 🔔 Ready to build a plan that fits your life? Start here → https://www.retiremeasap.com/contact ------------------------------- This content is provided for general educational purposes only and does not constitute personalized investment, tax, or legal advice. SimpliFi, Inc. is an SEC-registered investment adviser (CRD No. 3140614); registration does not imply a certain level of skill or training. Individual circumstances vary — please consult with your adviser before acting on any information discussed here.

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Retirement planning made simple. Every episode takes one real decision, pulled from an actual client conversation, and walks you through it in plain English: retirement withdrawals, Roth conversions, taxes, Medicare, Social Security, required minimum distributions, and more. I'm Eric Sigdestad, a CERTIFIED FINANCIAL PLANNER™ professional and tax preparer in San Diego, with more than 10,000 client conversations about retirement behind me. Whether you're nearing retirement, already in it, or helping a parent through it, this show is for you. Subscribe on your favorite podcast app for a new episode every week and find us at https://RetireMeASAP.com. Produced by Eric Sigdestad, an investment adviser representative of SimpliFi, Inc., an SEC-registered investment adviser. Educational only, not individualized investment, tax, or legal advice; no advisory relationship. Client examples are anonymized, not testimonials. Consult a professional. www.adviserinfo.sec.gov

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