Retire(Meant) For Living Podcast

This week, JoePat Roop discusses the importance of understanding net income in retirement planning, particularly in relation to Social Security and Medicare. He highlights the implications of IRMA surcharges and the need for proactive tax planning. The discussion also covers the limitations of 401(k) plans as a sole retirement strategy and emphasizes the necessity of evaluating individual income needs for a secure retirement.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com

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This week, JoePat Roop discusses the common regrets people have regarding retirement planning, particularly focusing on the importance of saving and the implications of taxes. He also talks about the current economic climate, including interest rate changes and their impact on annuities.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com

See omnystudio.com/listener for privacy information.

As we enter the fall season, it's important to prepare for potential changes and uncertainties in the fourth quarter. This week, JoePat Roop considers the impact of the upcoming election, potential tax increases in 2026, and the possibility of a recession. The conversation also explores the role of the 401(k) program in retirement planning, discussing its benefits and potential drawbacks. JoePat emphasizes the importance of having a comprehensive retirement income plan that takes into account individual goals, income needs, taxes, and legacy planning.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com

See omnystudio.com/listener for privacy information.

This week, JoePat Roop discusses the possibility of a recession and its potential impact on the economy. He highlights indicators of a recession, such as the inverse yield curve and frothy markets. The conversation also delves into the proposed capital gains tax increase and its potential effects on individuals and the economy. The importance of tax planning in retirement is emphasized, as well as the need for a comprehensive retirement income plan that considers taxes, Social Security, and investment strategies.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com

See omnystudio.com/listener for privacy information.

Retiring early presents challenges such as ensuring that your money lasts longer and provides a consistent income. JoePat Room discusses additional risks, including market downturns and higher spending in the early retirement years. It is important to have a clear purpose and budget for retirement. Other obstacles to consider are health insurance and long-term care. Taking withdrawals from a 401(k) can have long-term consequences and it is important to have a customized approach to retirement planning. Lost 401(k) accounts should be consolidated and a comprehensive retirement income plan should consider taxes, investments, and risks.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com

See omnystudio.com/listener for privacy information.

On this week's show, JoePat Roop discusses the fear of running out of money in retirement and the preference of preserving money rather than growing it. He also explores the topic of taxes in retirement and the importance of having a tax strategy. The conversation emphasizes the need for a comprehensive retirement income plan that includes streams of income from various sources and considers factors such as Social Security, pensions, interest income, and 401k or IRA income. The conversation highlights the benefits of Roth IRAs and the potential to lower lifetime tax bills through proper planning.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com

See omnystudio.com/listener for privacy information.

This week, JoePat Roop discusses the Olympics and the excitement and pride that comes with watching athletes compete. The conversation then transitions to taxes on Olympic medals and the potential surprise taxes that individuals may face in retirement. JoePat talks about the recent global tech outage caused by a cyber security glitch and the importance of having a retirement plan that is prepared for unexpected events.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com

See omnystudio.com/listener for privacy information.

This week, JoePat Roop covers a range of topics including the recent assassination attempt on former President Donald Trump, the need for open dialogue, the possibility of a recession, the importance of having a comprehensive retirement plan, and the benefits of tax planning.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com

See omnystudio.com/listener for privacy information.

This week, JoePat Roop discusses the importance of having honest conversations with clients. He emphasizes the use of systems and processes to help clients understand their retirement plans based on real data. The one-page retirement income plan is a comprehensive and holistic approach that considers income, asset allocation, and tax allocation. The goal is to provide clients with the confidence to make choices without worrying about financial needs. The conversation also touches on the misconception of needing a specific amount of money to retire comfortably, highlighting the importance of individualized plans based on income goals and personal circumstances.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com 

See omnystudio.com/listener for privacy information.

This week, the conversation with JoePat Roop revolves around the concept of being a tightwad and the importance of budgeting and planning for fun expenses. It emphasizes the need for discipline and budgeting to achieve financial independence and enjoy life. The conversation also touches on the topics of tax planning and estate planning, highlighting their significance in protecting and preserving wealth. The potential impact of new tax laws and the migration of people from high-tax states to tax-free states is discussed. The importance of understanding and optimizing tax strategies in retirement planning is emphasized.

For more information or to schedule a consultation call 704-946-7000 or visit www.belmont-capital.com 

See omnystudio.com/listener for privacy information.