Retiring Today

Turning 65 is a reason to celebrate! That’s because you are Medicare eligible - but trying to understand the program is no party. In this episode of Retiring Today, Director of Medicare, AnnaMarie Morrow joins Loren, Molly, and Richelle in the podcast booth to help us make sense of Medicare coverage, supplements, and the difference between Medigap and Advantage Plans.

Compound interest is often called the eighth wonder of the world but how does it affect your retirement? In this episode of Retiring Today, we are talking about the power of compound interest and strategies to help you maximize this superhero. 

Required Minimum Distributions (RMDs) are amounts that U.S. tax law requires one to withdraw annually from traditional IRAs and employer-sponsored retirement plans. In this episode of Retiring Today, we discuss which types of investments these apply to, how they are calculated, and why they were suspended in 2020. 

One in three baby boomers are unmarried. This group has to navigate some aspects of retirement differently than their married counterparts. In this episode of Retiring Today, we are discussing retiring single.

The Game of Life was created in 1860 by Milton Bradley. The basic principles are simple - earn money, invest, retire. The game has evolved throughout the years but the goal is the same - reaching Happy Old Age. In this episode of Retiring Today, we discuss how adding in those life events like getting married, paying taxes, and searching for a job mirrors real life.

You’ve worked 20, 30, or maybe even 40 years saving for retirement. Sometimes that retirement savings can feel like a junk drawer of investments. In this episode of Retiring Today, Loren, Molly and Richelle talked about how to turn that junk drawer into a plan for retirement.

2020 was not only the year of COVID-19 but also a wild ride for the stock market. The Dow Jones and S&P 500 saw the worst first quarter ever. March of 2020 was the most volatile month on record and the Dow Jones ended the year at record highs. If you don't like the idea of riding this roller coaster as your head to and through retirement, there are other options. In this episode of Retiring Today, we talk about alternatives to the stock market include bonds and fixed annuities. 

"Do I have enough saved for retirement?" It's one of the most common questions and concerns we hear. If retirement feelslike a far-off concept or even unreachable, there are strategies you can do right now to boost your retirement savings. In this episode of Retiring Today, we are discussing 5 ways you can boost your retirement savings including evaluating your debt and maxing out your contributions. 

When we recorded this episode of Retiring Today, President Biden and top Congressional leaders were meeting to discuss President Biden's $2.3 trillion dollar infrastructure bill. During this episode we want to look at some of the headlines associated with the plan and put them through the lens of a retirement planner.

Show Notes

Traveling abroad. Workamping. Going back to school. These are just a few of the things that individuals consider when they are thinking of how to spend their time in retirement. In this episode of Retiring Today, we are dreaming big and talking about how the dream drives many other aspects of the retirement plan.