Decoding Retirement

In this episode of Decoding Retirement, America’s definitive voice on retirement, Robert 'Bob' Powell, and Silvur Technology Services CEO and retirement expert Rhian Horgan break down everything you need to know about Medicare Advantage Plans, market exits, and more.

Powell also speaks with Yahoo Finance Senior Columnist Kerry Hannon to discuss the challenges of aging and advice for those age 50 and older who are looking for work.

Should high earners stop contributing to their traditional 401(k) and contribute instead to their Roth 401(k) if they have one? Find out in our special segment, Ask Bob, where Bob answers the most common retirement and investing questions from our listeners.

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Each week, Robert 'Bob' Powell will dissect the big headlines, decode key themes, and unpack the possible domino effect for your money. When it comes to retirement planning, Robert Powell and Yahoo Finance will not let you fall behind!

Find this episode and more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at [email protected].

00:30 - Medicare Advantage Plans: What to know about market exits

02:00 - Medicare Annual Notice of Change (ANOC)

04:55 - Medicare: What to know about out-of-pocket costs

06:20 - Inflation Reduction Act: What to know about prescription drugs

11:35 - Social security: Thoughts on cost of living adjustment

12:45 - Social security reforms: What you need to know

14:35 - Ask Bob: 401(k) vs. Roth 401(k)

15:15 - Great jobs for adults age 50 and older

18:20 - Advice for older adults in the workforce

20:45 - Healthcare costs in retirement

22:50 - Ask Bob: Medicare Part A

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds.

Robert Powell holds several prominent positions within the financial industry. He serves as the editor-in-chief of the Investments and Wealth Institute's (IWI) Retirement Management Journal, the world's first peer-reviewed journal solely dedicated to retirement income. He also hosts the Exceptional Advisor podcast by IWI. Powell is both a Certified Financial Planner® and Retirement Management Adviser® certificant.

Rhian Horgan is the CEO of Silvur Technology Services, an award-winning retirement platform dedicated to helping people over the age of 50 retire with confidence. Prior to becoming CEO of Silvur, Rhian was a Managing Director for JP Morgan Chase, where she worked for 17 years advising individuals and families on investments, credit and wealth planning. Rhian is a best selling author and widely quoted retirement expert.

Kerry Hannon is a leading expert, workplace futurist and strategist on careers and jobs, entrepreneurship, personal finance and retirement. Kerry is the author of more than a dozen books, including "Never Too Old to Get Rich," "Great Jobs for Everyone 50+," and "Great Pajama Jobs: Your Complete Guide to Working From Home.” Her latest book is “In Control at 50+: How to Succeed in The New World of Work.”

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Decoding Retirement, America’s definitive voice on retirement, Robert 'Bob' Powell, and Wells Fargo Head of Advice and Planning Michael Liersch discuss whether it is ever too early to plan for or save for retirement.

Powell also speaks with Yahoo Finance's Molly Moorhead about open enrollment season and the importance of HSAs.

What do I need to know about long-term care insurance? Find out in our special segment, Ask Bob, where Bob answers the most common retirement and investing questions from our listeners.

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Each week, Robert 'Bob' Powell will dissect the big headlines, decode key themes, and unpack the possible domino effect for your money. When it comes to retirement planning, Robert Powell and Yahoo Finance will not let you fall behind!

Find this episode and more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at [email protected].

00:25 - Is it ever to early to plan for or save for retirement?

02:55 - Keys to retirement planning

06:20 - How to get parents and children to talk about retirement

08:00 - How to align financial decisions with retirement goals

15:00 - What is an HSA?

18:20 - How to balance HSA and 401(k) contributions

19:55 - Should I enroll in an indemnity plan or HDHP?

22:35 - Ask Bob: What do I need to know about long-term care insurance?

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds.

Robert Powell holds several prominent positions within the financial industry. He serves as the editor-in-chief of the Investments and Wealth Institute's (IWI) Retirement Management Journal, the world's first peer-reviewed journal solely dedicated to retirement income. He also hosts the Exceptional Advisor podcast by IWI. Powell is both a Certified Financial Planner® and Retirement Management Adviser® certificant.

Michael Liersch is the Head of Advice and Planning for Wells Fargo, responsible for the delivery of all comprehensive planning services and growth strategies for clients of Wells Fargo Private Bank and Abbot Downing. The team also includes the business’s comprehensive family dynamics, as well as family and business history services.

Molly Moorhead is a Certified Financial Planner and veteran journalist. She oversees insurance and tax coverage and leads Yahoo Finance's personal finance news team.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The current state of retirement in the US is, in a word, bleak. A poll by the Employee Benefit Research Institute found that just 21% of respondents are “very confident in their ability to have enough money to live comfortably throughout retirement."

About 90% of registered voters believe the US is experiencing a retirement crisis, according to BlackRock's latest Rethinking Retirement report. The Federal Reserve says that one in four Americans has no retirement savings, and the Morningstar's Center for Retirement and Policy Studies has said that 45% of Americans will run out of money in retirement.

In the episode of Decoding Retirement, Robert “Bob” Powell and Anne Ackerley, BlackRock’s senior advisor on retirement, discuss the looming crisis, the role of stocks in retirement planning, and strategies for turning assets into income.

In the ‘Ask Bob’ segment, Powell breaks down the differences between subsidized and unsubsidized loans, and identifies and explains the key factors that impact your credit score.

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Each week, Robert 'Bob' Powell will dissect the big headlines, decode key themes, and unpack the possible domino effect for your money. When it comes to retirement planning, Robert Powell and Yahoo Finance will not let you fall behind!

Find this episode and more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at [email protected].

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds.

Robert Powell holds several prominent positions within the financial industry. He serves as the editor-in-chief of the Investments and Wealth Institute's (IWI) Retirement Management Journal, the world's first peer-reviewed journal solely dedicated to retirement income. He also hosts the Exceptional Advisor podcast by IWI. Powell is both a Certified Financial Planner® and Retirement Management Adviser® certificant.

Anne Ackerley is a senior advisor to the retirement business at BlackRock.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Decoding Retirement, America’s definitive voice on retirement, Robert 'Bob' Powell, and Girls With Impact founder and CEO Jennifer Openshaw break down the student debt crisis, women in business, career advice for the next generation, and much more.

What is the FAFSA, and when do I need to fill it out? Find out in our special segment, Ask Bob, where Bob answers the most common retirement and investing questions from our listeners.

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Each week, Robert 'Bob' Powell will dissect the big headlines, decode key themes, and unpack the possible domino effect for your money. When it comes to retirement planning, Robert Powell and Yahoo Finance will not let you fall behind!

Find this episode and more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at [email protected].

00:20 - How to graduate college debt-free

04:45 - College admissions: Keys to boosting chances of acceptance

09:20 - How to utilize rental income to pay off debt

12:10 - Ask Bob: What is the FAFSA?

12:45 - How Girls With Impact has helped women in business

17:25 - Career advice for the next generation

22:35 - Ask Bob: How to build credit as college student

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds and Alexander Frangeskides.

Robert Powell holds several prominent positions within the financial industry. He serves as the editor-in-chief of the Investments and Wealth Institute's (IWI) Retirement Management Journal, the world's first peer-reviewed journal solely dedicated to retirement income. He also hosts the Exceptional Advisor podcast by IWI. Powell is both a Certified Financial Planner® and Retirement Management Adviser® certificant.

Jennifer Openshaw is the founder and CEO of Girls With Impact. Girls With Impact partners with business leaders and educators from Harvard Business School, developing a modern, outcomes-driven approach designed to ensure young women are ready to excel in the workforce from day one. Openshaw is a trendsetter in the financial industry, known for starting the Women's Financial Network – the first online financial firm created for women.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Decoding Retirement, America’s definitive voice on retirement, Robert 'Bob' Powell, and Mitlin Financial founder and wealth advisor Lawrence Sprung break down break down the most recent Personal Consumption Expenditures Price Index (PCE) report, including a note from First Trust Chief Economist Brian S. Wesbury.

They also discuss how future fiscal policy might impact retirees, the Tax Cuts and Jobs Act (TCJA), the current housing market, how small business owners can plan for retirement, "finfluencers" and AI's impact on personal finance, and much more.

What’s the difference between a reimbursement and an indemnity option? Find out in our special segment, Ask Bob, where Bob answers the most common retirement and investing questions from our listeners.

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Each week, Robert 'Bob' Powell will dissect the big headlines, decode key themes, and unpack the possible domino effect for your money. When it comes to retirement planning, Robert Powell and Yahoo Finance will not let you fall behind!

Find this episode and more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at [email protected].

00:30 - Inflation and its impact on retirees

02:20 - Inflation-protected securities and role in retirees' portfolios

05:35 - Personal income spending and implications for retirees

06:30 - Future fiscal policy adjustments and effect on retirees

07:50 - Tax Cuts and Jobs Act

09:40 - Savings rate and impact on retirees

10:25 - Importance of emergency savings fund

12:40 - Housing market and retirement

13:45 - Ask Bob - What's the difference between a reimbursement and an indemnity option?

14:35 - How small business owners can plan for retirement

18:35 - Social media misinformation - 'Finfluencers' and AI

22:50 - Ask Bob - When do I need to file Form 706?

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds and Alexander Frangeskides.

Robert Powell holds several prominent positions within the financial industry. He serves as the editor-in-chief of the Investments and Wealth Institute's (IWI) Retirement Management Journal, the world's first peer-reviewed journal solely dedicated to retirement income. He also hosts the Exceptional Advisor podcast by IWI. Powell is both a Certified Financial Planner® and Retirement Management Adviser® certificant.

Lawrence Sprung is an award-winning founder and wealth advisor. He founded Mitlin Financial, Inc., in 2004 with a focus on prioritizing families. The Mitlin team consistently helps families make healthy financial decisions and offers an exceptional experience that leverages personalized service with today’s top tools and technology. Sprung is the author of the Amazon best-selling book “Financial Planning Made Personal: How to Create Joy and the Mindset for Success”, which aims to demystify and simplify the financial planning process and inspire people to take charge of their money.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Decoding Retirement, America’s definitive voice on retirement, Robert 'Bob' Powell, and author, consultant, and professor, Charles Chaffin, break down the latest inflation numbers, how to manage the risk of inflation while saving for retirement, and how to protect yourself from common behavioral biases while saving for retirement.

Do you recommend investing in a Roth 401(k) or a traditional 401(k)? Find out in our special segment, Ask Bob, where Bob answers the most common retirement and investing questions from our listeners.

If you've got questions about money or retirement, email us at [email protected].

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Each week, Robert 'Bob' Powell will dissect the big headlines, decode key themes, and unpack the possible domino effect for your money. When it comes to retirement planning, Robert Powell and Yahoo Finance will not let you fall behind!

Find this episode and more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at [email protected].

00:20 - Inflation and its effect on retirement savings

03:30 - Budgeting for retirement

06:25 - Managing inflation while saving for retirement

10:10 - How to protect yourself from behavioral biases

12:30 - How investors can stay the course for retirement

15:35 - Importance of investment policy statement

17:50 - Warning signs to watch for that affect decision-making

22:10 - Ask Bob - Do you recommend a Roth 401(k) or traditional 401(k)?

22:40 - Ask Bob - New employer offers 401(k), how should I invest?

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds and Alexander Frangeskides.

Robert Powell holds several prominent positions within the financial industry. He serves as the editor-in-chief of the Investments and Wealth Institute's (IWI) Retirement Management Journal, the world's first peer-reviewed journal solely dedicated to retirement income. He also hosts the Exceptional Advisor podcast by IWI. Powell is both a Certified Financial Planner® and Retirement Management Adviser® certificant.

Charles Chaffin writes, consults, and teaches in two areas: Financial Psychology and Workplace Learning & Productivity. He also serves as Professor of Practice in the College of Human Sciences at Iowa State University. Charles is the author of 'Psychology of Financial Planning: The Practitioner's Guide to Money and Behavior', and 'Numb: How the Information Age Dulls Our Senses and How We Can Get them Back'.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In the debut episode of Decoding Retirement, America’s definitive voice on retirement, Robert 'Bob' Powell, and award-winning author, and retirement expert, Anne Lester, provide retirement advice for millennials and Gen Z, including their tips on how to pay down student loan debt while still saving for retirement.

Is there an upfront charge for an IRA to a Roth IRA conversion? Find out in our special segment, Ask Bob, where Bob answers the most common retirement and investing questions from our listeners.

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Each week, Robert 'Bob' Powell will dissect the big headlines, decode key themes, and unpack the possible domino effect for your money. When it comes to retirement planning, Robert Powell and Yahoo Finance will not let you fall behind!

Find this episode's transcripts and more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at [email protected].

00:00 - Advice for millennials and Gen Z to catch up on retirement

03:00 - If I switch jobs, should I roll over my 401(k)?

06:55 - How to pay down student loan debt and save for retirement

11:20 - Importance of insurance while saving for retirement

12:40 - S.T.A.S.H. - How the next generation can build their retirement savings

15:50 - FOMO - How to plan for retirement without missing out

18:45 - Anne's advice from 'Your Best Financial Life'

21:00 - Ask Bob - Is there an upfront charge for an IRA to Roth IRA conversion?

22:45 - Ask Bob - When can I take money out of my Roth IRA?

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds and Alexander Frangeskides.

Robert Powell holds several prominent positions within the financial industry. He serves as the editor-in-chief of the Investments and Wealth Institute's (IWI) Retirement Management Journal, the world's first peer-reviewed journal solely dedicated to retirement income. He also hosts the Exceptional Advisor podcast by IWI. Powell is both a Certified Financial Planner® and Retirement Management Adviser® certificant.

Anne Lester is the author of 'Your Best Financial Life: Save Smart Now for the Future You Want'. Anne spent 20 years as head of retirement solutions for J.P. Morgan. Anne is also a media commentator with coverage from the likes of Bloomberg TV, Barron’s, CNBC, Forbes, Wall Street Journal, and New York Times.

Learn more about your ad choices. Visit megaphone.fm/adchoices