💡 Why so many people love the Roth IRA:
✅ Tax-free growth over your lifetime
✅ Tax-free withdrawals in retirement
✅ No required minimum distributions
✅ Flexibility to pass wealth to heirs efficiently

It’s a simple account with powerful long-term benefits.
📘 From Finance on the Fly: Simple Strategies to Build Lasting Wealth

Disclaimer: This content is for informational and educational purposes only. It is not financial, legal, or tax advice. Individual situations vary, and what’s right for one person may not be right for another. Always consult a qualified financial or tax professional before making decisions about investments, retirement accounts, or conversions.

Roth IRAs and Roth 401(k)s are some of the most powerful tools in retirement planning—yet many investors overlook their long-term benefits. In this episode, we unpack how Roth accounts work, why tax-free growth can be such a game-changer, and when it makes sense to contribute or convert. From managing future tax rates to reducing Required Minimum Distributions, Roth strategies can give you greater flexibility and control in retirement.

Whether you’re nearing retirement or already there, this discussion will help you see Roth accounts not just as an investment option, but as a key piece of your retirement income strategy.

Based on strategies from Rizek’s book Finance on the Fly: Simple Strategies to Build Lasting Wealth.

Disclaimer: This podcast is for informational purposes only and not financial, legal, or tax advice. Always consult a qualified professional before making financial decisions.

In this conversation, Rizek Housari discusses the critical importance of understanding taxable income and its implications for financial planning, particularly in retirement. He emphasizes the need for proactive tax strategies, such as Roth conversions and careful management of required minimum distributions (RMDs), to avoid unexpected tax burdens. Housari also highlights the significance of account allocation over investment allocation and encourages comprehensive financial planning that integrates tax considerations.takeaways

• Taxable income is a key factor in determining your tax bracket.
• Having diverse income sources provides more flexibility in tax planning.
• Proactive tax planning can lead to long-term savings.
• Roth conversions can be beneficial for tax efficiency over time.
• Required minimum distributions can surprise many retirees.
• Investment allocation is important, but account allocation is crucial.
• Smoothing out taxable income can prevent higher tax brackets.
• Tax planning should be prioritized alongside investment strategies.
• Understanding tax principles is essential for effective financial planning.
• Comprehensive financial planning includes both tax and investment strategies.

00:00Understanding Taxable Income and Its Impact02:50The Importance of Income Planning in Retirement06:05Strategic Withdrawals: Smoothing Taxable Income08:01Integrating Tax Planning with Investment Strategies

Healthcare might be one of your biggest expenses in retirement—but it can also be one of your biggest tax-saving opportunities.

In this episode, we explore how to plan for rising healthcare costs without derailing your retirement plan, and how to take full advantage of Health Savings Accounts (HSAs)—one of the most powerful and underused tax shelters available.

💡 You’ll learn:

• What healthcare expenses to expect in retirement

• How HSAs work—and why they’re better than Roth IRAs for certain costs

• Tax-free growth, tax-free withdrawals, and how to maximize both

• Why you should avoid touching your HSA until retirement

Smart healthcare planning isn't just about coverage—it's about controlling costs and leveraging tax-efficient tools.

📘 Based on strategies from Rizek Housari’s book Finance on the Fly: Simple Strategies to Build Lasting Wealth.

Disclaimer: This podcast is for informational purposes only and does not constitute financial, legal, or tax advice. Please consult your advisor before making financial decisions.

Many retirees lose track of old accounts—and the IRS won’t remind you.

In this episode, we unpack the real risks of forgetting to take Required Minimum Distributions—especially from old or forgotten retirement accounts. If you're in your 70s or caring for a spouse who is, this is a mistake you can't afford to make.

Based on strategies from Rizek Housari’s book Finance on the Fly: Simple Strategies to Build Lasting Wealth—a practical guide for turning retirement savings into tax-smart income.

Disclaimer: This podcast is for informational purposes only and does not constitute financial, legal, or tax advice. Please consult your advisor before making financial decisions.

It’s one of the most common retirement planning questions — and getting it wrong could mean paying more taxes than you need to.

If you’re in your 50s or 60s and want to make smarter choices now and in retirement, my book Finance on the Fly breaks it down in plain English.

👉 Check out the link in my bio to grab your copy — and drop your questions in the comments. I’m here to help you sort it out.

Disclosures: This content is for informational purposes only and is not intended as financial, investment, legal, or tax advice. Always consult with a licensed professional regarding your individual situation.

#RothVsTraditional #SmartRetirement #FinanceOnTheFly

Creating a retirement income plan is more than just “living off your savings.” It’s about choosing which accounts to draw from, when, and how much — while minimizing taxes and making your money last.

If you’re in your 50s or 60s and want to avoid common missteps, my book Finance on the Fly walks you through how to turn your nest egg into a steady, tax-smart income stream.

👉 Find the book and free tools in the link in my bio — and start planning with clarity and confidence.

Disclosures: This content is for informational purposes only and is not intended as financial, investment, legal, or tax advice. Always consult with a licensed professional regarding your individual situation.

#RetirementIncome #SmartWithdrawals #RetireWithConfidence #Over50Finance #TaxSmartRetirement

In this conversation, Rizek Housari discusses the critical aspects of estate planning, emphasizing the importance of having a comprehensive estate plan to protect assets and ensure a smooth transition of wealth. He covers various topics including the differences between wills and trusts, the implications of estate taxes for high net worth individuals, essential estate planning documents, the role of life insurance, strategic gifting, and the significance of beneficiary designations. Housari provides practical advice and insights to help individuals avoid common pitfalls in estate planning and make informed decisions for their financial future.

Takeaways

• Not having an estate plan can lead to catastrophic consequences.
• An estate plan protects your assets and ensures a smooth transition.
• Wills are basic documents, while trusts offer more power and flexibility.
• Revocable trusts allow changes, while irrevocable trusts have strict rules.
• High net worth individuals need to consider estate taxes in their planning.
• Communication between financial professionals is crucial for effective estate planning.
• Powers of attorney are essential for managing affairs when incapacitated.
• Digital assets must be included in estate planning considerations.
• Life insurance can help cover estate taxes and provide liquidity.
• Beneficiary designations should be regularly updated to reflect current wishes.

Chapters

00:00 The Importance of Estate Planning

02:52 Understanding Wills and Trusts

06:08 Navigating Estate Taxes and High Net Worth Planning

08:59 Essential Estate Planning Documents

11:54 Life Insurance and Its Role in Estate Planning

15:06 Strategic Gifting and Tax Implications

20:51 Beneficiary Designations and Their Importance

28:03 Financial Disclosure with music

Thinking about retirement in the next 5–10 years? 🧓📈 It’s not just about how much you saved — it’s about how you use it. Here’s a key strategy that can help you keep more in retirement and pay less in taxes. 👇 #RetirementPlanning #WealthStrategy #RothConversion #FinancialFreedom #TaxPlanning #Over50Money #RetireSmart

📌 For informational and educational purposes only. Not financial, legal, or tax advice. Consult your advisor.

There’s a lot of buzz about the “One, Big, Beautiful” tax bill—so what does it actually mean for your retirement and investment strategy?

In this episode, we break down the key changes proposed in the latest tax legislation and what they could mean for your income planning, Roth conversions, estate strategy, and overall tax efficiency.

We’ll cover:

• How the bill could affect high-income earners and retirees

• Potential sunset of the Tax Cuts and Jobs Act in 2026

• Smart moves to consider before tax rates shift

• What to watch for in capital gains, estate, and income tax changes

Don’t let shifting tax laws catch you off guard—learn how to stay ahead of the curve.

📘 Based on strategies from Rizek Housari’s book Finance on the Fly: Simple Strategies to Build Lasting Wealth.

Disclaimer: This podcast is for informational purposes only and does not constitute financial, legal, or tax advice. Please consult your advisor before making financial decisions.

#RetirementPlanning #TaxBill2025 #RothConversions #TaxStrategy #FinanceOnTheFly