Unplanned RMDs and category inflation can double your living costs and trigger Medicare surcharges. In today's episode we tackle 5 Retirement Plan Checklist Items!

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Chapters: 0:00 - Retirement Roulette: Spinning the Retirement Planning Checklist 0:41 - Topic 1: Why will my taxes and Medicare premiums increase in retirement? 4:05 - Topic 2: How do I plan a flexible budget for travel and unplanned home repairs? 7:08 - Topic 3: Why did stocks and bonds drop together and how do I fix my fixed income? 11:25 - Topic 4: What is the correct tax withdrawal order for my 3 account buckets? 17:50 - Topic 5: How does category-specific inflation double my cost of living?

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Sources available on request.

Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

The SECURE Act requires most inherited IRAs to be emptied in 10 years. Learn how to navigate RMD rules and the potential 25% IRS tax penalty.

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0:45 - Welcome to America's Wealth Management Show with Dean Barber RFC® & Chris Rett CFP®. 2:05 - What is the SECURE Act 10-Year Rule for inherited IRAs? 4:30 - How did the 2019 SECURE Act eliminate the original Stretch IRA strategy? 7:07 - What is the IRS excise tax penalty if I miss an inherited IRA distribution? 8:57 - Why inheriting an IRA during my peak earning years creates a major tax trap 13:08 - Why is Congress using inherited IRAs as a hidden "death tax"?

Send us a questions to be featured on the show at: [email protected]

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Sources: https://www.irs.gov/pub/irs-drop/td-10001.pdf https://www.irs.gov/retirement-plans/retirement-plan-and-ira-required-minimum-distributions-faqs

Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser. The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Discover 5 wealth protection strategies that could possibly defend your nest egg against crashes, taxes, and inflation.

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Video Chapters: 0:33 - Introduction: 5 Wealth Protection Strategies with Dean Barber & Chris Rett 1:37 - Strategy 1: How do I avoid unnecessary market and concentration risk? 12:17 - Strategy 2: How do my CFP and CPA work together to lower my lifetime taxes? 15:14 - Strategy 3: How do I audit my risk profile? 18:58 - Strategy 4: How do I plan for healthcare and memory care inflation? 21:50 - Strategy 5: How do I structure my estate plan to pass wealth to my heirs? 24:24 - Conclusion: Defending what you've built

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Sources: • https://statoasis.com/post/sp500-drawdowns-since-1870 • https://www.usinflationcalculator.com/inflation/historical-inflation-rates/ ______ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Get your Modern Confidence Score: https://bit.ly/4y1uF3c Meet with us: https://bit.ly/3Ug5P1e Education center: https://bit.ly/46lcMAK

Asking how much money you need to retire is the wrong question. Learn how to calculate the exact income gap needed to make work optional.

Video Chapters: 0:00 - How much do I need to retire? 0:58 - What does it mean to make work optional? 2:03 - Vanguard 401(k) Data: Why average balances mask median realities 3:08 - Necessary vs. Discretionary Spending: Mapping your lifestyle 6:42 - $3M with no plan vs. $1.5M with a plan 9:48 - Why $1 Million in a Traditional IRA is not $1 Million in a Roth 13:09 - How do I calculate my financial independence gap? 18:13 - Managing the 5 biggest retirement risks: Inflation, taxes, and market drops

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Sources: https://workplace.vanguard.com/insights-and-research/report/how-america-saves-2026.html?cmpgn=IIG:TL:HAS:HAS26:SRCH:PS:UF:TL:GG:Unknown:Exact:TLEAD:20260616:BD:NONE:NONE:KW:AmericaSavesReport&gclsrc=aw.ds&gad_source=1&gad_campaignid=17413933188&gbraid=0AAAAADx4guzAuPHqjyjSbxL4X5ag-L7BD&gclid=Cj0KCQjwnbrUBhDOARIsAKKhPpe5nxyXM6HUklKpp97Q0sCUjcYJ4WOUtZb9VO-TfRDyo98mPxRAmTgaArWsEALw_wcB

______ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Get your Modern Confidence Score: https://bit.ly/4wAEhkA Meet with us: https://bit.ly/4gnASj0 Education center: https://bit.ly/4xP2l44

When a spouse passes away, taxes spike and 401(k) rules trigger. Learn the 30-day checklist and critical landmines to protect your surviving family.

Video Chapters: 00:00 - Case Study: How a missing ERISA waiver disinherited three adult children. 01:05 - What do I do first when my spouse passes away? 07:05 - First 30 Days Checklist: How many death certificates do I actually need 11:05 - Why do beneficiary designations on 401(k)s override my Will or Revocable Trust? 19:22 - The Single Filer Tax Trap: Why taxes spike after losing a partner 25:20 - Will my estate be forced into public probate court without a trust?

Send us a questions to be featured on the show at: [email protected]

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Sources: https://www.irafinancial.com/blog/beneficiary-forms-self-directed-ira-solo-401k/ https://finance.yahoo.com/markets/options/articles/2-1-trillion-sits-31-153318096.html?guccounter=1 https://www.congress.gov/crs-product/R43637

______ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Is hiring a financial advisor actually worth the fee? Learn about the positives and negatives of working with a financial advisor.

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Video Chapters: 01:07 - Core Question: Are financial advisors actually worth the fee? 06:36 - Fiduciary vs. Commission Broker: Spotting the red flags. 09:48 - Is my advisor doing full-service planning or just managing investments? 13:16 - How does pulling $100,000 from my traditional IRA trigger a massive tax bill? 16:35 - What questions should I expect my financial advisor to ask me? 21:45 - Reaction Video: 3 things I wish I knew before hiring a financial advisor.

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Sources: https://www.kitces.com/blog/financial-advisor-client-onboarding-relationship-expectations-questions-communication-relationship-expectations/ ______ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Get your Modern Confidence Score: https://bit.ly/4fSPzdD Meet with us: https://bit.ly/4w6hdtx Education center: https://bit.ly/3RMjJr1

33% of workers have more credit card debt than retirement savings. Discover the 4 critical financial milestones to hit before turning age 50.

Video Chapters: 0:00 - Introduction: 33% of workers have more credit card debt than retirement savings? 1:14 - Welcome to America's Wealth Management Show 2:18 - Milestone 1: Build a Retirement Savings Foundation 7:12 - Milestone 2: Eliminate High Interest Debt 12:06 - Milestone 3: Establish an Emergency Fund 13:01 - Milestone 4: Create a Comprehensive Investment Strategy 17:38 - Milestone 5: Develop a Clear Retirement Income Plan. 22:20 - Hosts Discuss Video: 3 Problems With Retiring Early by @HowToRetire 33:30 - Hosts discuss mindset shifts in retirement from r/retirement subreddit

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Sources: https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire

https://youtube.com/shorts/W2YrEpReHro?si=6nwjysaynlKxHeZi

https://fred.stlouisfed.org/series/TERMCBCCALLNS

https://www.schroders.com/en-us/us/institutional/media-center/to-retire-comfortably-plan-participants-say-they-need-1-2-million/

https://www.reddit.com/r/retirement/comments/1udx5t5/seems_like_a_blessed_life_but_its_just_tuesday/ ______ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

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Crossing the $2 million portfolio threshold may need shifting from simple saving to strategic tax engineering. Learn 5 advanced strategies to protect your wealth.

Video Chapters: 0:00 - How do I protect my $2 million portfolio from unexpected taxes? Intro to high-net-worth coordination. 4:46 - Strategy 1: How do I use a Donor-Advised Fund to exceed the $35,000 standard deduction? 16:00 - Strategy 2: How do I qualify for a 0% capital gains rate on $150,000 of income? Harvesting gains in low-income years. Subscribe to Modern Wealth Management for more educational content: 24:40 - Strategy 3: How do I use the $19,000 gift exemption to transfer wealth with warm hands? Lifetime family transfers 31:16 - Strategy 4: How do I smooth my income brackets with strategic Roth conversions? Flattening income tax valleys. 32:38 - Strategy 5: How do I manage taxes during a business sale or RSU stock vesting? Executing equity compensation liquidations. 35:35 - How Marty James used in-kind CRT distributions to avoid capital gains. 39:13 - Questions from viewers: Can I withdraw converted Roth IRA funds immediately without a penalty? and How do I stress-test my plan against a market crash and Social Security cuts?

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Sources: https://www.modwm.com/2026-tax-brackets/

www.irs.gov/businesses/small-businesses-self-employed/whats-new-estate-and-gift-tax

https://www.modwm.com/trump-accounts/ ______ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Learn about preparing for retirement while caring for children and aging parents also known as: 'life in the sandwich generation' in today's episode!

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Video Chapters: 0:00 - How do I support my aging mom and adult daughter at the same time? Dean Barber introduces the Sandwich Generation juggling act. 1:57 - What does the MIT Age Lab study reveal about human longevity trends? Discussing the 8,000-day life blocks. 05:17 - Where do retirees pull their monthly income from? Analyzing Social Security, savings, and pension metrics. 07:08 - How do healthcare costs impact my retirement savings? Factoring medical inflation into your plan. 20:23 - What is a Family Assistance Budget and how does it prevent retirement problems? 22:32 - Reaction Video: John Diel explains the 3 MIT questions that predict quality of life. Light bulbs, ice cream, and lunch partners. 31:52 - 3 Mistakes to avoid for the sandwich generation.

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Sources: https://agelab.mit.edu/static/uploads/three_questions_that_can_predict_future_quality_of_life.pdf

https://youtu.be/eBYkoJ6DMGU?si=qOcQTuxJZ4rkLS3Q

https://www.pewresearch.org/short-reads/2022/04/08/more-than-half-of-americans-in-their-40s-are-sandwiched-between-an-aging-parent-and-their-own-children/

https://www.bankerslife.com/insights/personal-finance/navigating-financial-caregiving-and-the-sandwich-generation-7-smart-strategies-for-2026/

https://www.mercer.com/en-us/insights/us-health-news/employers-prepare-for-the-highest-health-benefit-cost-increase-in-15-years/

https://youtu.be/eBYkoJ6DMGU ______ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

May inflation hit a 3-year high of 4.2% due to Middle East energy shocks. Learn how a dynamic bucket approach protects your wealth from a portfolio purge.

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Video Chapters: 0:00 - Is moving my retirement into a 3% savings account a safe move? 1:33 - Why did May inflation spike to a 3-year high of 4.2%? Breaking down the latest BLS consumer price data. 03:30 - Is the 2026 inflation bump a temporary world event or a 1970s-style collapse? Separating short-term shocks from structural trends. 05:51 - Should you use 2.5% inflation when retirement planning? Exposing flawed assumptions. 18:42 - Reaction Video: 21:14 - How do I use a 3-bucket strategy for retirement? 26:44 - Don't Do That: Why you shouldn't make financial decisions out of fear.

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Sources: • Bureau of Labor Statistics. (2026, June 10). Consumer Price Index – May 2026. U.S. Department of Labor. https://www.bls.gov/news.release/cpi.nr0.htm • CBS News. (2026, June 10). Rate rises to 4.2% amid Iran war pressure. CBS Interactive. https://www.cbsnews.com/news/cpi-report-today-may-2026-inflation-iran-war-trump/ • https://www.pbs.org/newshour/show/hormuz-standoff-the-largest-supply-shock-ever-experienced-says-global-energy-expert • https://www.cbsnews.com/news/cpi-report-today-may-2026-inflation-iran-war-trump/ • https://officialdata.org/inflation-cpi-categories#All-items|Medical-care • https://www.mercer.com/en-us/insights/us-health-news/employers-prepare-for-the-highest-health-benefit-cost-increase-in-15-years/ • https://fred.stlouisfed.org/series/MSPUS • https://youtu.be/YP5nXSKWDd0 https://www.youtube.com/shorts/WUkMbBtlHRk ______ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.