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!

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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
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Retirement Planning Education, with Andy PankoBy Andy Panko
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