The Retirement Nerds

How much does long-term care really cost — and how do you actually prepare for it? In this video, I sit down with Marc Glickman, President of BuddyIns, to break down everything you need to know about long-term care insurance — from how to get it, what it covers, and most importantly, how to actually use it when the time comes.With average long-term care costs running $6,400 per month or more, this is a conversation every retiree and pre-retiree needs to have. Marc shares his expert insight on navigating the process, avoiding common mistakes, and making sure your policy works for you — not against you.Website to get a quote or connect with Marc:https://partner.buddyins.com/retirementnerdsLong Term Care 101 Video: https://youtu.be/ytsdfesv_ukCheck 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 Intro0:30 Employer Options3:18 Underwriting4:17 If You Leave Employer5:20 Premium Increases8:20 Under 65 vs Over 6510:30 How to Use a Policy13:20 Where to Get Care16:23 Beware Overinsurance22:15 Gender Implications24:07 Future of Care (Robots?)28:50 Where to get help=============================#medicare #theretirementnerds #socialsecurity #retirementnerds #finance #longtermcareplanning Federal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

💰 Considering an annuity for retirement income? Financial expert Zacc Call breaks down everything you need to know about annuities - how they work, the fees involved, pros and cons, and whether they're the right choice for YOUR retirement.If you've been approached by a financial advisor about purchasing an annuity, or you're exploring guaranteed income options for retirement, this interview will give you the honest facts you need to make an informed decision.Get the Annuity Guide shown in the video here:https://theretirementnerds.com/annuity-guide-download/Get the Financial Professionals Guide here:https://theretirementnerds.com/financial-professionals-guide/Financial Professionals Video:https://youtu.be/8uC1lgkZUWEHow to reach Zacc's Team:https://capitafinancialnetwork.com/Zacc's YouTube Channel:https://www.youtube.com/@ZaccMoneyEducation Your Best Financial Year Newsletter:https://www.capitafinancialnetwork.com/your-best-financial-year 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 Intro0:25 Who should ignore annuities3:27 Who should consider annuities8:20 Different Categories of Annuities9:50 The Pension Annuity22:45 The Bond Imitator Annuity31:08 The Investment Portfolio Annuity42:28 The Downside Protector Annuity54:15 Account Value vs Income Value59:59 The Boxed-In Investor Annuity1:08:48 The Kitchen Sink Annuity1:16:10 How Salespeople are Compensated1:23:57 Deciding on Which1:32:51 Zacc's Plea1:33:33 Where to get help=============================#annuity #annuities #theretirementnerds #retirementnerds #financeDisclosure: 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.

Required Minimum Distributions can be one of the most confusing parts of retirement planning — and getting them wrong can lead to unnecessary taxes, missed opportunities, and costly mistakes.In this video, we discuss:• What Required Minimum Distributions are• When RMDs start• How RMDs are calculated• Common RMD mistakes retirees make• How RMDs affect taxes in retirement• Retirement planning strategies related to RMDsRELATED VIDEOS:https://youtu.be/aiv9eW8tizkhttps://youtu.be/yhT_MkMT2Ochttps://youtu.be/zjrbXScvmDACONNECTING WITH ZACC:Phone: 801-566-5058Email: Connect@CapitaMail.comWebsite: CapitaFinancialNetwork.comYour Best Financial Year: https://www.capitafinancialnetwork.com/your-best-financial-year Subscribe to The Retirement Nerds for more videos on retirement planning, Medicare, Social Security, taxes, and financial decisions that matter in retirement.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 Intro1:16 RMD Definition2:35 Accounts Subject to RMDs3:35 Timelines5:19 How Do They Make You?12:37 Multiple IRAs and 401(k)s18:45 How RMDs Calculated21:50 Who Should Be Aware?28:19 How Scary Are RMDs?30:25 Suzy's Example41:40 Real Example: Paying off Home44:34 Cancer Example47:50 Inheritance Implications49:49 Big Age Gap Between Spouses52:02 Planning for RMDs58:34 Account Growth Outpacing RMDs1:01:10 QCD & DAF Clarifications1:05:14 Final Message About RMDs1:07:19 Question from the Comments1:10:56 Where to Get Help=============================#medicare #theretirementnerds #socialsecurity #retirementnerds #finance #RMDs #requiredminimumdistribution 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.

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-xNUhttps://youtu.be/9boiPwzOatsZACC'S CHANNEL:https://www.youtube.com/@ZaccMoneyEducationCAPITA FINANCIAL NETWORK LINKS:Email: Connect@capitamail.comWebsite: 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 issuesCheck 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 Intro0:23 The Two 5-Year Rules3:40 Rule #1 - The Forever 5 Year Rule7:59 Rule #2 - 5-Year Conversion Rule9:23 5 Examples9:53 Example 1 - George Dream Car15:06 Example 2 - Susan's Serger18:27 Example 3 - Richard's Cabin25:18 Example 4 - Jared's Urns29:54 Example 5 - Margo's Obsession43:30 Question from Viewer48:22 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.

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-Ihttps://youtu.be/GlF9z6jyMioSubscribe 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 Conversation4:01 What Benefits Can I Present?5:40 The Right People in the Right Seats7:28 Multiple Decision Makers9:37 Emotions vs Logic11:30 Guilt of Decisions12:58 Tips on Starting the Conversation14:35 Other Resources16:23 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.

If you want to know how to approach a mathematically sound roth conversion strategy, watch this video!Social Security Taxability Video:https://youtu.be/NxH2jHzZwFoGet 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.comJoin 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 Intro1:00 3 Steps to Do Roth Right3:25 Conversions vs Contributions5:13 Step 1: Model Out Taxable SS Income7:00 Step 2: Layer On Other Income8:01 Step 3: Understand Traditional, Roth, After Tax10:45 Starting the Analysis15:24 Understanding Extra Income Needs16:16 Serious Issues with Software17:35 Convert Nothing Idea29:48 Convert Everything Idea45:30 Pros & Cons of Convert Nothing and Everything52:03 Convert Something... how much?1:06:49 Pros & Cons of Converting Something1:09:24 Bringing it all together1:10:25 Question From The Internet1:16:24 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.

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.comEmail: Service@EasyLegalPlanning.comOTHER VIDEOS WITH JIM:https://youtu.be/nkFQmsdCW-Ihttps://youtu.be/jaKuNJsLSX4https://youtu.be/pr5sUzt5agwCheck 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 Intro1:00 Costs4:48 Where to Start9:38 Afraid to Have the Conversation13:30 Good and Bad Information19:13 I Don't Want to Hire an Attorney21:30 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.

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/G1Dc6gVv90gOTHER RELEVANT VIDEOS:https://youtu.be/zjrbXScvmDAhttps://youtu.be/nkFQmsdCW-IThe 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 Exclusion02:54 Tax on Funds Used as Gift06:09 Gifting Cash vs Other Assets09:39 Gifting Real Estate13:42 Education Expenses15:49 Medical Expenses16:34 The Death Tax20:50 Where to Get HelpPLEASE NOTE: This video is for education purposes only.It does not constitute legal or tax advice for your specific situation.

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 Videohttps://youtu.be/nkFQmsdCW-I⏱ Timestamps:00:00 Intro 00:15 Who Doesn't Need a Trust01:26 Trust vs Estate Plan1:52 Why A Trust Does Make Sense3:05 Avoiding Probate6:45 Privacy Concerns8:27 Control Over Estate12:45 Plan A, B, & C17:05 Organization and Ease20:22 Where to Get HelpThe 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.

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 You03:52 The Big Retirement Mistake06:38 The Tax Consequences11:36 It Could Have Been Reversed12:52 Silent Destruction of Finances15:40 Strategy 1: 3-Year Plan19:06 Strategy 2: 4-Year Plan21:32 When a CPA Makes Sense27:34 Where to Get HelpThe 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.

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.

Retirees need to keep both Tax Consequences AND Investment Preparation Strategies in mind when planning for a big purchase. There are tax-efficient and investment-efficient ways to make these purchases along with other implications like your future Medicare premiums to keep in mind. ⏰ TIME CODES ⏰0:00 Question from Joe0:25 What is a "Big" Purchase?1:55 Tax vs Investments3:48 Tax Strategy #1 9:31 Tax Strategy #2 11:04 IRA vs 401k Differences17:14 Tax Strategy #3 23:11 Tax Strategy #4 29:45 Tax Strategy #5 43:00 Tax Strategy #6 49:01 Medicare Implications51:50 Moving To Investment Prep53:55 Investment Prep #1 59:48 Investment Prep #2 1:03:50 Investment Prep #3 1:08:52 Important Other Resources1:12:15 Where to Get HelpOTHER VIDEOS REFERENCED IN THIS ONE:https://youtu.be/tlYcUx2a2G4https://youtu.be/NxH2jHzZwFohttps://youtu.be/Q82iDCI_lZghttps://youtu.be/RODrPaJ-xNUhttps://youtu.be/VHHNYdpVwrUhttps://youtu.be/flCDgSy25e0https://youtu.be/8uC1lgkZUWEZACC'S FINANCIAL CHANNEL:https://www.youtube.com/@ZaccMoneyEducationCheck out our resources at https://TheRetirementNerds.com/Reach Zacc and his team at: https://capitafinancialnetwork.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/==================================#retiree #theretirementnerds #money #retirementnerds #financeDisclosure: 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.

In this interview, I talk with the Director of the Idaho Department of Insurance - Dean Cameron - who is standing up to major Medicare Advantage insurance companies. These companies are eliminating commissions for Medicare agents and brokers, making it harder than ever for beneficiaries to get qualified, personalized help during the Annual Enrollment Period.Watch this video for more background on the problem:https://youtu.be/FpfTE-hsJagWe cover:• What insurance companies are doing to steer seniors• How this impacts retirees trying to choose a plan• What states like Idaho and others are doing to fight back• The growing concern about access and transparency in MedicareIf you're on Medicare or helping a loved one with coverage, this will help you stay informed and prepared. You deserve clear, unbiased guidance—not confusion and corporate greed.✅ Subscribe for more Medicare updates, retirement insights, and real talk from the experts who care.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 Dean Cameron0:38 Steering Issues In Medicare5:28 How Companies Bid Plans6:55 Unfair Practices9:40 Why it Matters for Seniors14:45 What States Are Getting Involved20:16 CMS' Intervention Wish List22:36 Carriers Strong-Arming Agents25:05 Does it Get Worse Next Year?27:19 Director Cameron's Ideal Outcome31:08 How You Can Help35:29 Director Cameron's Perspective=============================#medicare #theretirementnerds #cms #retirementnerdsFederal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

In this episode of The Retirement Nerds, Erik Soderborg and Zacc Call walk you through Zacc’s brand new Net Worth Calculator tool — a simple but powerful way to understand where you stand financially.DOWNLOAD THE WORKSHEET FOR FREE HERE:https://theretirementnerds.com/networthcalculator/OTHER FREE DOWNLOADS:https://theretirementnerds.com/free-downloads/ZACC'S CHANNEL:https://www.youtube.com/@ZaccMoneyEducationRELATED VIDEOS:https://youtu.be/NxH2jHzZwFohttps://youtu.be/voWbWZ9tu04https://youtu.be/8uC1lgkZUWEIn this video we go over:How to calculate your net worth using assets and liabilitiesWhy tracking net worth is critical for financial planningHow to use this calculator to monitor progress and spot red flagsReal-world examples of how to input your informationTips for improving your net worth over timeWhether you're just starting your financial journey or preparing for retirement, this video will give you a clear, data-driven way to measure your financial health.📌 Download the calculator, follow along, and take control of your money!Check out our resources at https://TheRetirementNerds.com/=============================Send me a message!Erik@TheRetirementNerds.comBe Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerdsJoin our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro to the Calculator2:54 Net Worth Statement6:00 Saving as PDF7:30 Step 1: The Setup14:30 Step 2: Data Entry31:50 Tony and Pepper Stark Examples40:55 Step 3: Net Worth Statement Functionality43:16 Reason #1 to Know Net Worth45:17 Reason #2 to Know Net Worth46:29 Reason #3 to Know Net Worth46:56 Reason #4 to Know Net Worth47:51 Reason #5 to Know Net Worth48:35 Step 4: Net Worth Charts56:58 Where to Get Help=============================#networth #theretirementnerds #zacccall #retirementnerds #financeDisclosure: 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.

Thinking of contributing to a Roth IRA or doing a Roth conversion? Before you do, make sure you’re not falling into one of the 16 most common mistakes people make.In this episode of The Retirement Nerds, Erik Soderborg sits down with Zacc Call to break down critical errors that could cost you more in taxes, hurt your retirement income strategy, or derail your financial plan altogether.📌 In this video:When Roth conversions hurt more than they helpThe tax trap of “bracket creep”Why Roth isn’t always right for high earnersMistakes with timing, Medicare premiums (IRMAA), and Social SecurityRoth rules most investors overlookContribution vs conversion confusion explainedSmart strategies to get Roth rightIf you're serious about tax-efficient retirement planning, this is must-watch content.Here is where you can download the Social Security Taxability Worksheet for free:https://theretirementnerds.com/social-security-worksheet/Zacc's Channel:https://www.youtube.com/@ZaccMoneyEducationOTHER RELATED VIDEOS:https://youtu.be/HNQbgUTqzRshttps://youtu.be/QXC0j1O-eAghttps://youtu.be/-ifv6Y6migkhttps://youtu.be/ZetbFdEqi2Ahttps://youtu.be/Q82iDCI_lZghttps://youtu.be/VHHNYdpVwrUhttps://youtu.be/NxH2jHzZwFoCheck 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 Teaser0:25 Data over Dogma3:26 Mistake #1 5:48 Mistake #2 10:52 Mistake #3 15:47 Mistake #4 19:35 Mistake #5 21:21 Mistake #6 21:43 Mistake #7 24:52 Mistake #8 27:05 Mistake #9 29:32 Mistake #10 34:30 Mistake #11 43:21 Mistake #12 44:57 Mistake #13 48:10 Mistake #14 48:57 Mistake #15 53:33 Mistake #16 59:33 Where to Get Help1:00:30 3 People Who Benefit=============================#roth #rothvstraditional #theretirementnerds #socialsecurity #retirementnerds #finance #zacccall #eriksoderborgDisclosure: 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.

In this interview, Erik Soderborg sits down with estate planning expert Jim Burch to answer one of the most common (and important) legal questions: When should you update your will or trust?Whether you already have an estate plan in place or you're wondering if it's time to revisit it, Jim outlines the key life events, financial changes, and family situations that should trigger a review or amendment of your trust or will.Here is the Estate Planning 101 Video for more background:https://youtu.be/nkFQmsdCW-I=============================Send me a message!Erik@TheRetirementNerds.com=============================OTHER ESTATE PLANNING VIDEOS:https://youtu.be/vLC0I19mWNUhttps://youtu.be/jaKuNJsLSX4https://youtu.be/cx8ySoE54Es📌 Topics covered in this video:How often should you update your estate plan?What events require a trust or will amendment?Do you need to update your trust after buying a home or having a child?Common mistakes people make by waiting too longThe difference between amending and restating a trustIf you want to keep your estate plan current and legally effective, this video is essential viewing.👍 Don’t forget to like, comment, and subscribe for more expert insights on estate planning, trusts, wills, and financial protection.Check out our resources at https://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 Intro1:12 Changing a Trust1:44 Restated Amendment2:26 Ensuring it is Funded3:18 What Changes Over Time4:15 State-Specific Considerations6:35 What Triggers Needing an Amendment10:07 Process to do an Amendment11:31 Costs to do this12:55 Simple Amendment13:29 Things that DON'T need an Amendment16:28 Changing Trustee Implications18:19 Where to Get Help=============================#estateplanning #willsandtrusts #theretirementnerds #retirementnerds Legal Disclaimer:This is not legal advice. Consult with an estate planning professional before making changes or decisions around your will, trust, or other estate planning documents.

In this video, Erik Soderborg and Zacc Call walk you step by step through how to determine exactly how much of your Social Security income will be taxable.Be sure to download the Free Social Security Taxability Worksheet to follow along with us. Get it here: https://theretirementnerds.com/social-security-worksheet/OTHER RELATED VIDEOS:https://youtu.be/HNQbgUTqzRshttps://youtu.be/QXC0j1O-eAghttps://youtu.be/-ifv6Y6migkhttps://youtu.be/ZetbFdEqi2Ahttps://youtu.be/Q82iDCI_lZghttps://youtu.be/VHHNYdpVwrUZACC'S CHANNEL: https://www.youtube.com/@ZaccMoneyEducationMany retirees don’t realize that between 0% and 85% of their benefits can be taxed depending on their income level. Zacc shows you how to run the calculation yourself so you’ll know what to expect.📌 What you’ll learn in this video:The formula used to calculate taxable Social Security incomeWhat counts as “provisional income”Examples that show when 0%, 50%, or up to 85% of benefits are taxedHow other income sources affect your Social Security tax billIf you’re retired or planning for retirement, this walkthrough will help you avoid surprises at tax time and make better financial decisions.Check out our resources at https://TheRetirementNerds.com/Send me a message!Erik@TheRetirementNerds.comBe 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 Intro0:24 Purpose of Spreadsheet1:02 Which Boxes to Fill Out3:45 How Much SS is Taxable5:16 Deductions7:10 Far Right Grid Explanation8:57 Itemized Deductions9:44 Tax Tornado Table13:37 Roth Conversion Opportunities15:50 Middle Chart Explanations18:06 Filing Status Matters19:49 What this Does NOT Do20:50 Where to Get Help#socialsecurity #theretirementnerds #socialsecuritytax #retirementnerds #finance #zacccallDisclosure: 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.

Zacc Call is back to go over why someone would choose Roth vs Traditional accounts. In this video, he goes over the 8 Reasons Why Someone Should Consider Roth Contributions or Conversions. This is building off the foundational math that if your tax rate stays the same, and your investments grow at the same rate, for the same time, you will have the same spendable amount regardless of whether you go Roth or Traditional. Zacc goes over other factors that may influence that decision of Roth vs Traditional in more depth, building off of the foundational math. Part 1 of this Series: https://youtu.be/RODrPaJ-xNUOriginal Deep Dive Video with over 1.6M Views: https://youtu.be/VHHNYdpVwrUHow Social Security is Taxed: https://youtu.be/-ifv6Y6migkZacc's Channel: https://www.youtube.com/@ZaccMoneyEducation Check out our resources at https://TheRetirementNerds.com/Send me a message!Erik@TheRetirementNerds.comBe 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 Intro2:25 1. RMD Management4:04 2. Inheritance Implications6:28 3. Government Raising Tax Rates8:17 4. IRMAA Penalties11:46 5. Phase Outs & AGI Limits13:58 6. Social Security Taxation18:13 7. Marginal Tax Bracket Management20:38 8. Straddling Marginal Lines 23:14 Motivations for Advisors25:30 Careful of Marketing Messages27:53 Where to get help#medicare #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.

Should you choose a Roth or Traditional account?Zacc Call discusses the math that most people get wrong when analyzing whether or not a Roth (or Roth Conversion) or a Traditional account puts them in the best tax position in retirement. If you’ve ever wondered which account type will leave you with more money in retirement, this interview breaks it down with clarity, examples, and powerful insights.RELATED VIDEOS:https://youtu.be/VHHNYdpVwrUZACC'S CHANNEL:https://www.youtube.com/ ⁨@ZaccMoneyEducation⁩  ✅ Topics covered:• The math mistake almost everyone makes• Roth vs Traditional: what's the real difference?• How taxes today vs taxes in retirement impact your decision• A framework to help you decide the right strategy for youCheck 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 Intro0:54 The Math Myths2:23 The Math7:06 What Can Change?7:45 Where You Pay Taxes9:02 Contribution Behavior11:18 4 Basic Reasons11:40 Tax Rate Will Rise15:50 Tax Rate Will Decrease17:27 Max Funding Accounts19:50 Marginal Tax Bracket Management22:46 Don't Feel Guilty23:59 Required Minimum Distributions23:44 Zacc's Channel=============================#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.

In this interview Jim Burch with EasyLegalPlanning.com outlines one of the most critical (and overlooked) parts of estate planning — funding your trust. Your Trust is worthless if you have not properly funded the trust.Jim walks through the 7 key types of assets that should go into your trust and explains exactly how to fund each one, including:1. Real Estate2. Bank Accounts3. Brokerage Accounts4. Life Insurance5. Retirement Accounts6. Personal Property7. Business Assets📌 If you’ve created a living trust (or are thinking about it), but haven’t funded it properly — this video is a must-watch. Discover how to avoid probate, protect your legacy, and make sure your trust actually works when it’s needed most.ESTATE PLANNING 101 VIDEOhttps://youtu.be/nkFQmsdCW-IWANT TO SET UP YOUR OWN TRUST?Jim and his team can complete your estate plan in all 50 states.https://easylegalplanning.com/Or, reach out to me to connect you to Jim. Erik@TheRetirementNerds.comMORE RETIREMENT RESOURCES:https://TheRetirementNerds.com/JOIN THE MONTHLY NEWSLETTERhttps://theretirementnerds.com/newsletter/⏰ TIME CODES ⏰0:00 Introduction1:19 What Funding Means1:45 7 Types of Assets3:21 Real Estate7:35 Bank Accounts12:51 Brokerage Accounts15:55 Life Insurance18:45 Retirement Accounts21:52 Personal Property25:10 Pour-Over-Will Clarification27:41 Business Assets29:40 Final Summary32:37 Where to Get Help33:28 Make it Easy=============================#estateplanning #theretirementnerds #willandtrust #retirementnerds