159 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.

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®

    • Business
    • 5.0 • 225 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.

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

    Tax Planning Versus Tax Preparation

    Tax Planning Versus Tax Preparation

    Did you know that you can legally and ethically avoid paying unnecessary taxes by working with the tax code? With tax planning, you can avoid tax risk.
    Tax preparation is about being reactive while tax planning is about being proactive all year round every single year. Tax planning years in advance when done correctly, can massively change how much you pay in taxes.
    In this episode of the Secure Your Retirement podcast, we talk about the benefits of tax planning in the long term as opposed to tax preparation. Listen in to learn how to pay less tax on your income after retirement if you make the same as before or even more.
    In this episode, find out:
    ● The benefits of tax planning and being proactive in the tax calendar year.
    ● The big difference between tax preparation and planning – being reactive vs. proactive.
    ● Minimize tax on social security benefits by planning to get the money into a tax-free scenario.
    ● Why do many people make the same amount of income in retirement and even more?
    ● The importance of putting all your money in pre-tax retirement assets like the IRAs and 401ks.
    ● The importance of Roth conversions as part of your long-term tax planning goal.
    ● Plan for your surviving spouse to ensure they aren’t paying more taxes than they’re supposed to.
    Tweetable Quotes:
    ● “In retirement, taxes can change the situation drastically in your favor as well as cost you a lot of money.” - Radon Stancil
    ● “Roth conversions are a big way to start thinking about this long-term tax planning goal.”- Murs Tariq
    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 https://pomwealth.net/3-keys-to-secure-your-retirementlp/ (POMWealth.net/podcast.)

    • 21 min
    The Retirement Bucket Strategy

    The Retirement Bucket Strategy

    Have you given thought to how you’d like to structure your retirement plan? How about a strategy that ensures you have both income and growth in retirement?
    The bucket strategy is a simple strategy that will give you peace of mind through your retirement. The goal for your retirement should be to have access to money, an income stream, and growth on your money.
    In this episode of the Secure Your Retirement podcast, we talk about the retirement bucket strategy and its peace of mind benefit. Listen in to learn how to separate the cash, income, and growth buckets and remove worries from your retirement plan.
    In this episode, find out:
    The 3 buckets that make up our peace of mind first retirement strategy.
    Having a liquid cash bucket – an existing and protected emergency or feel-good fund.
    The income bucket – is a paycheck you can rely upon every single month to cover your needs and wants.
    The growth bucket – a growing yet risky bucket and likely going to be in the stock market.
    Why the income bucket should be disconnected from any stock market fluctuations.
    How the peace of mind first retirement strategy removes any worry of the stock market fluctuations.

    Tweetable Quotes:
    “The reason we can have some volatility in the growth bucket is because we know that our income is covered.”- Murs Tariq
    “When you retire, you want to make sure that you have the income coming in and you don’t want to worry about it.”- Radon Stancil

    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 https://pomwealth.net/3-keys-to-secure-your-retirementlp/ (POMWealth.net/podcast.)

    • 16 min
    Lynne Bowman - Brownies for Breakfast

    Lynne Bowman - Brownies for Breakfast

    How conscious are you about what you eat? Your health is indeed your wealth; staying healthy is one of the best financial strategies you can have.
    Eating for health and wealth means eliminating sugar and bad ingredients from your diet and choosing to eat whole plant-based foods.
    In this episode of the Secure Your Retirement podcast, we have Lynne Bowman, author of the Brownies for Breakfast book. Listen in to learn the benefits of eating and sleeping to give your body time to clean and heal itself.
    In this episode, find out:
    ● Why staying healthy is one of the best financial strategies you can have.
    ● How to be conscious about the food you eat to keep your finances and live a longer life.
    ● The influence of a community on the way you eat and how healthy you live.
    ● How to radically improve your health by eating and sleeping to give your body time to clean itself.
    ● The importance of eating whole foods, plant-based foods, and well-sourced meat for better health.
    ● Why eliminating sugar and bad ingredients in your diet can reduce food addictions.
    ● How to substitute a good diet with moving your body with less strenuous exercises.
    Tweetable Quotes:
    ● “Staying healthy is one of the best preventive financial strategies you can have.”- Lynne Bowman
    ● “The first thing you might consider doing to radically change your health is to stop eating all the time.”- Lynne Bowman
    Get in Touch with Lynne:
    ● Website:https://lynnebowman.com/ ( https://lynnebowman.com/)
    ● Book: Brownies for Breakfast by Lynne Bowman
    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 https://pomwealth.net/3-keys-to-secure-your-retirementlp/ (POMWealth.net/podcast.)

    • 29 min
    Wine Down - Social Security Questions Answered

    Wine Down - Social Security Questions Answered

    We understand that social security isn’t the most exciting topic to talk about or listen to, but some questions need answers.
    In this episode of the Secure Your Retirement podcast, we answer 3 major questions on social security over a glass of Rosé wine. We talk about social security benefits, taxes, and the right time to take social security.
    Listen in to learn why you need an individual financial plan that dictates the right time to take social security rather than waiting until age 70.
    In this episode, find out:
    ● How to know what your social security benefits will be through the ssa.gov website.
    ● The process of applying for social security once you know when to take it.
    ● Understanding how spousal benefits work in social security.
    ● The current youngest age that you can take your social security benefits.
    ● The things to consider when taking social security early to avoid penalties.
    ● The importance of having an advisor to help you think through the tax side of social security.
    ● Why it is subjective when it comes to the right time to take your social security.
    Tweetable Quotes:
    ● “When you know when you want to apply for social security, you want to apply 3 months before.”- Murs Tariq
    ● “If you’re taking social security, don’t think that it’s tax-free and you want to make sure that you run an analysis and you’re working with an advisor to help you think through tax.”- Radon Stancil
    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 https://pomwealth.net/3-keys-to-secure-your-retirementlp/ (POMWealth.net/podcast.)

    • 21 min
    Roderick Spann – 5 Medicare Mistakes to Avoid

    Roderick Spann – 5 Medicare Mistakes to Avoid

    Are you aware of the things you can opt-in or not when it comes to your Medicare plan? It is important that you get enrolled in Medicare 3 months before turning 65 to avoid any delays caused by the existing backlog.
    When it comes to Medicare, there’s part A which covers everything that happens in the hospital, and part B, which covers anything outside the hospital.
    In this episode of the Secure Your Retirement podcast, we have Roderick Spann, a senior insurance specialist, talk about the 5 Medicare mistakes to avoid. Listen in to learn about the different parts of Medicare and the packages you can opt for.
    In this episode, find out:
    Understanding the Medicare initial enrolment period and why it’s important.
    Understanding Medicare part B – insurance that covers anything outside the hospital.
    Part D – the importance of analyzing your prescription drug coverage.
    The original Medicare, what it covers, and the importance of having a Medicare supplement.
    The difference between a Medicare Advantage plan and a Medicare supplement.
    The benefits of comparing and understanding your retiree package plan and the Medicare plan.
    Speak to a professional to give you unbiased advice tailored to your specific Medicare needs.
    The process of getting enrolled into Medicare right before your 65th birthday.

    Tweetable Quotes:
    “Original Medicare only covers 80% of your medically necessary services.”- Roderick Spann
    “Medicare is not one size fits all; a prescription plan that works for one person in one state or one specific zip code may not work for another person.”- Roderick Spann

    Get in Touch with Roderick:
    LinkedIn:https://www.linkedin.com/in/roderickspann/ ( https://www.linkedin.com/in/roderickspann/)

    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 https://pomwealth.net/3-keys-to-secure-your-retirementlp/ (POMWealth.net/podcast.)

    • 21 min
    Bonds Versus Bond Alternatives

    Bonds Versus Bond Alternatives

    Have you heard of the 60/40 portfolio? This means that 60% of your investment money goes into stocks, and 40% goes into bonds.
    This is fast changing in today’s world of high-interest rates, and the bond market is increasingly becoming hard. But how about a bond alternative?
    In this episode of the Secure Your Retirement podcast, we talk about the changing world of bonds and the importance of bond alternatives. Listen in to learn why a bond alternative is supposed to provide the same goal as a bond, which is to lower risk and provide income.
    In this episode, find out:
    ● The 60/40 portfolio and how it protects you from stock market volatility.
    ● How the high-interest rates are affecting the bond market negatively.
    ● A bond alternative is supposed to fulfill the same goal the bond was going to fulfill.
    ● Why fixed index annuities provide an excellent bond alternative.
    ● How we come up with a long-term bond alternative plan that’s safe, reliable, and not volatile.
    ● Bonds are not evil, but it’s important you think about bond alternatives.
    Tweetable Quotes:
    ● “When interest rates go up, that affects bonds negatively.”- Radon Stancil
    ● “Everything about investing is purely about how you understand it, perceive it, and what your expectations are.”- Murs Tariq
    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 https://pomwealth.net/3-keys-to-secure-your-retirementlp/ (POMWealth.net/podcast.)

    • 18 min

Customer Reviews

5.0 out of 5
225 Ratings

225 Ratings

Diane Pleuss ,

A Must Have Podcast

Make your retirement planning strategy complete by subscribing to the Secure Your Retirement Podcast. This show brings forward the best topics, guests, and information to help people get the most out of their planning efforts. I am grateful to be a recent guest on the show to discuss franchising as a career option for those looking for a change. Murs and Radon are exceptional hosts as they help people protect the wealth they have worked hard to create.

JPBodyMindSpirit ,

Great Show!

Randon

Captain Seibert ,

Tax strategy using variable annuities

This was clearly well thought out. The logic simply makes sense for what otherwise might not be a smart choice👍

Top Podcasts In Business

Ramsey Network
NPR
Jocko DEFCOR Network
Andy Frisella #100to0
Guy Raz | Wondery
Marketplace

You Might Also Like

James Conole, CFP®
Taylor Schulte
Benjamin Brandt CFP®, RICP®
Paula Pant
Your Money, Your Wealth
Steve Chen & Davorin Robison