How Money Works

Common retirement questions and why the answer varies. (Originally aired January 11, 2020)

Common retirement questions and why the answer is different for each person.

Converting your savings to income, and should gold be part of your strategy? (Originally aired December 21, 2019)

On today’s show … converting your savings into income. Should gold be a part of your financial strategy? Why selling your home to pay for retirement may not be a “slam dunk.” Plus, how much money do you really need in your emergency fund?

How much does it take to retire? (Originally aired December 28, 2019)

Retirement Spending, Tax Breaks During Retirement, Carefree Retirement (Originally aired November 16, 2019)

On today’s show … why you may spend a lot more time in retirement than you think. You may not get as many tax breaks as you hope, after you leave the working world behind. Plus, is it possible to have a “carefree” retirement?

Is October a bad month for investors, high investments fees, and strategies for those without pensions (Originally aired October 26)

On today’s show: We’ll be talking about those stores that already have their Christmas decorations up…and what that has to do with figuring out your retirement. Is October a bad month for investors? Plus, what to do if your investment fees are too high. And, strategies for people who can no longer count on a company pension.

Emergency funds and taxes during retirement, and The RMD "Sweet Spot" (Originally aired October 19)

On today’s show … we’ll talk about whether you’ll still need an emergency fund after you quit working. Another pension plan is biting the dust. When you retire, do you think your tax bill will go up…or down? The answer might surprise you. Plus, we’ll tell you all about the RMD “sweet spot.”

Declining interest rates, Tax surprises in retirement, Paying off debt. (Originally aired October 12)

On today’s show … what will declining interest rates do to your nest egg? Why you should strategize now to avoid a nasty tax surprise in retirement. How do you “win” when the markets are up … and “not lose” when the markets are down? Plus, should you try to pay off all your debt before leaving the working world behind?

Roth money may be better than taking too much RMD money, tax buckets, and more (Originally aired October 5)

On today’s show … how to make sure you can afford more than just Hamburger Helper after you leave the working world behind. Why using some Roth money might be better than taking too much RMD money. How many “tax buckets” do you have? Plus, signs that a “wonderful” retirement is in your future.

Estate Planning: The Importance of Doing It Right (Originally Aired August 10, 2019)

Real life horror stories, probate concerns, and the importance of making sure your estate plan is coordinated across all areas of your life.

The Importance of Planning, Sources of Income, Social Security Claiming Strategies (Originally aired August 3, 2019)