Safe Haven $olutions

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss the importance of budgeting in retirement and the key expenses that retirees often underestimate. They cover major considerations such as rising healthcare costs, building an adequate emergency fund, the impact of inflation and planning for potential long-term care needs. The conversation also touches on reviewing life insurance policies, understanding annuities and ensuring every piece of your financial strategy fits together. As always, they emphasize the value of asking questions, reviewing your plan regularly and working with a trusted partner to help simplify the retirement planning process.

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In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim walk through the key age milestones that can significantly impact your retirement planning. They discuss when to start saving, the benefits of catch-up contributions after age 50, penalty-free withdrawal opportunities at 55 and 59½, and important decisions around claiming Social Security starting at age 62 through full retirement age and beyond. The conversation also highlights required minimum distributions (RMDs), tax planning strategies such as Roth conversions, and the importance of understanding how each stage of life affects your financial plan. As always, they emphasize having informed conversations and creating a strategy that fits your unique retirement goals.

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In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss some of the most important questions people should ask when planning for retirement. They explore concerns such as whether your savings will last long enough, how inflation can impact long-term financial plans and what happens to your portfolio during market downturns. Larry explains the importance of building a diversified strategy, maintaining liquidity and understanding when to claim benefits like Social Security. The conversation emphasizes education, planning for uncertainty and creating a retirement strategy that provides flexibility and confidence for the years ahead.

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In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim explore what it really means to be “retirement ready.” They discuss why retirement planning should be personalized rather than a one-size-fits-all approach and highlight the importance of understanding your goals, timeline and financial situation. The conversation covers common retirement concerns such as whether you have enough saved, how life events can affect retirement timing and why having a flexible plan is essential. Larry also explains the importance of asking the right questions, evaluating your income sources and building a strategy that supports both your financial needs and lifestyle goals in retirement.

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In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss how inflation impacts retirement and why proactive budgeting, diversified income and proper account structure are essential for long term success. Larry explains how Haven Financial Group factors inflation into retirement projections, why managing credit card debt is critical and how tracking spending can reveal opportunities for improvement. The conversation also highlights the importance of liquidity, tax diversification across Roth, pre tax and brokerage accounts, and working with a coordinated team to reduce stress and create lasting peace of mind in retirement.

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In this episode of the Safe Haven Solutions Podcast, Larry Kallevig discusses why Roth IRAs and proactive tax planning can play a powerful role in retirement success. He explains the benefits of tax free growth, no required minimum distributions and tax efficient wealth transfer, while also addressing income limits, the five year rule and when conversions make sense. Larry walks through real life scenarios showing how strategic Roth conversions during lower income years can help minimize future taxes and reduce required distributions later in retirement. As always, the focus is on education, forward thinking tax strategy and making informed decisions to help you thrive, not just survive, in retirement.

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In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss how to structure your retirement plan to withstand market turbulence and sequence of return risk. They break down the importance of understanding your willingness, need and ability to take risk, why consistent “mailbox money” matters in retirement, and how stress testing your portfolio can help protect your timeline. The conversation also covers guaranteed income sources, Social Security planning, annuities, budgeting for go-go retirement years and the value of education in making confident, informed financial decisions.

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In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss how to make the most of leftover 529 college savings funds, including new rollover options to Roth IRAs under the SECURE Act 2.0, changing beneficiaries, funding K–12 tuition, apprenticeships and even paying down student loans. They also highlight the importance of keeping beneficiaries up to date and making informed, tax-efficient decisions as part of a comprehensive retirement strategy. As always, they emphasize the value of proactive planning to minimize penalties, reduce taxes and create long term financial confidence.

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In this episode of the Safe Haven Solutions Podcast, Larry and Kim are joined once again by CPA Lance Larson to tackle one of the biggest retirement moves: selling the family home. Whether you are looking to downsize in Minnesota or head south for warmer weather, the tax ramifications of a home sale can be significant if you aren't prepared.

Lance explains the critical differences between primary residence exclusions—where married couples can often exclude up to $500,000 in gains—and the more complex tax treatment of rental properties. They dive into how "basis" (your original purchase price plus improvements like that kitchen remodel) can lower your tax bill, and how real estate investors can use a 1031 exchange to defer taxes indefinitely. Beyond the numbers, the team discusses the "life costs" of moving—from the expense of pods and storage to the emotional challenge of valuing a home that holds decades of memories. Learn why having your tax, investment, and estate planning "puzzle pieces" under one roof is the key to a smooth transition into your golden years.

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In this special tax-season episode of the Safe Haven Solutions Podcast, Larry and Kim pull Lance Larson, CPA, away from his desk to discuss how to keep more of your hard-earned money out of Uncle Sam’s pockets. Lance breaks down the concept of "forced income"—like pensions and Social Security—and explains the "perfect tax scenario" where you can collect Social Security and pull from Roth accounts without giving a single cent to the government.

The team also tackles the age-old question: Is moving to a state like Florida or Arizona actually a winning tax strategy, or do tolls and hidden fees level the playing field? From filling up the 12% tax bracket to hitting the "IRMAA cliff" without falling over, this episode proves that while tax preparation is a seasonal event, tax planning is a year-round necessity that ensures you walk out of your next appointment with a smile on your face.

Connect with Haven Financial Group on all platforms!

havenfinancialgroup.com

facebook.com/havenfinancialgroup

linkedin.com/company/haven-financial-group-mn

instagram.com/haven_financial_group