Retirement Planning Education, with Andy Panko

#155 - "Hot topics" edition...Andy and Larry Pershing talk about the Big Beautiful (tax) Bill, US debt, concentration in the S&P 500 and MORE!

Listen Later

Andy and Larry Pershing from Optimum Retirement Planning share their thoughts on a handful of current events and "hot topics" relating to retirement planning. Specifically, they talk about: 

  • The pending "Big Beautiful Bill" tax bill that recently was approved by the House; what's in it, what's not in it, practical planning considerations around it, etc. ( 8:12 )
  • Potential concerns about US debt US government bond defaults ( 34:50 )
  • Talking to kids and heirs about your estate planning and wishes for after you're gone ( 50:02 )
  • Estimated tax payments for people who recently retire ( 59:40 )
  • Sources and tools to consider using to do tax return and estimated tax estimates ( 1:02:27 )
  • The level of the S&P 500's concentration to the top few companies and the technology sector ( 1:06:04 )
  • Whether 1.75% of assets is a reasonable fee for a financial advisor to charge ( 1:19:07 )
  • What to know and consider when keeping money behind in a 401(k) vs rolling it over to an IRA ( 1:26:01 )


Links in this episode:

  • Larry's firm - Optimum Retirement Planning
  • Larry's previous appearance on the Retirement Planning Education Podcast - #081 – Retirement planner chat, with Larry Pershing from Optimum Retirement Planning
  • Tax Foundation's summary of the Big Beautiful Bill
  • Stephanie Kelton's book - The Deficit Myth
  • The DinkyTown 1040 estimator
  • The IRS Tax Withholding Estimator
  • Tenon Financial's August 2024 newsletter about - Employer plan-to-IRA rollover pros and cons


To send Andy questions to be addressed on future Q&A episodes, email [email protected]


  • My company newsletter - Retirement Planning Insights
  • Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
  • YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
  • Retirement Planning Education website - www.RetirementPlanningEducation.com
...more
View all episodesView all episodes
Download on the App Store
Retirement Planning Education, with Andy PankoBy Andy Panko
  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

713 ratings

More shows like Retirement Planning Education, with Andy Panko

View all
Sound Retirement Radio by Jason Parker

Sound Retirement Radio

436 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

778 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

737 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,290 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

433 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

510 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

522 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

640 Listeners

The Boldin Your Money Podcast by Steve Chen

The Boldin Your Money Podcast

181 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

560 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

793 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

175 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

540 Listeners

Retire With Style by Wade Pfau & Alex Murguia

Retire With Style

163 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

100 Listeners