In this episode of 'Retire with Style', Wade Pfau and Alex Murguia tackle a variety of questions related to retirement planning, including the necessity of international stocks, the implications of Roth conversions, and strategies for purchasing property with retirement funds. They also discuss potential reforms in Medicare and Social Security, and the importance of understanding funded ratios in retirement planning. The conversation emphasizes the need for diversification in investment portfolios and the significance of reliable income in retirement. Listen now to learn more!

Takeaways

• International stocks are not required but can provide diversification.


• Roth conversions can be beneficial even if tax rates decrease.


• Purchasing property with retirement funds requires careful tax planning.


• Future reforms in Medicare and Social Security remain uncertain.


• Understanding your funded ratio is crucial for retirement planning.


• Diversification is key in investment strategies for retirement.


• Reliable income sources should be prioritized in retirement planning.


• Tax-efficient distributions can help minimize tax burdens.


• Investing in international stocks can buffer against market volatility.


• It's important to assess personal comfort levels with investment locations.

Chapters

00:00 Introduction and Overview

01:34 International Stocks: Necessity or Choice?

08:11 Roth IRA Conversions: Timing and Strategy

13:05 Tax-Efficient Distributions for Property Purchases

16:10 Medicare and Social Security: Future Reforms

21:45 Funded Ratios and Retirement Planning

28:14 Assessing Retirement Readiness

31:52 Income Protection and Asset Allocation

Links

The Retirement Planning Guidebook: 2nd Edition has just been updated for 2024! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/ 

This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips