The Lyons Share - Family, Faith, Football, Finance And Fun

Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

Roth conversions can sound appealing, but paying the tax bill today is often where people hesitate. In this episode, Mitch reframes the decision around timing, control, and uncertainty about future tax rates. In Part 1, the focus is on determining whether a Roth conversion could make sense for your situation before deciding exactly how much to convert.

Here’s some of what we discuss in this episode:

SECURE Act: How inherited IRA rules have changed

10-Year Rule: Why heirs have less time to withdraw

Inheritance Taxes: Potential impact on children’s tax brackets

Roth Conversion: Moving pre-tax assets into tax-free accounts

Informed Decisions: Why analysis matters more than assumptions

IRMAA Impact: Balancing conversions with Medicare premiums

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

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Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

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Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

Chasing the next hot IPO might feel exciting, but could it quietly derail your retirement? In this episode, Mitch unpacks the frenzy around big-name companies like SpaceX and today’s AI darlings, and contrasts that hype with the steady, boring work of real retirement planning. Tune in to discover how to enjoy the upside of innovation without fumbling your financial future in the retirement red zone.

Here’s some of what we discuss in this episode:

Investment Frenzy: Big IPOs can quickly trigger fear of missing out

Stick to the Plan: Excitement should not override long-term retirement goals

Risk Capacity: The amount of risk you can afford matters more than the amount you are comfortable taking

Protect the Basics: Income should be addressed before taking additional market risk

Headlines vs. Certainty: Media attention can create excitement without improving investment certainty

Coordinate Decisions: Every investment should be evaluated in the context of the full financial plan

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

Contact our team: https://mitchlyonswealth.com/newsletter-signup/#contact

Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

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Check out our movie: https://mitchlyonswealth.com/#theRetirementMovie

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Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

Retirement isn’t just a math problem; it’s an identity shift. In this episode, Mitch explores why purpose, emotional readiness, and lifestyle matter just as much as your portfolio. You’ll hear how different facets of planning all work together to create retirement confidence. And stay tuned to find out why “every day is a Saturday” only works if you have both your money and your meaning lined up.

Here’s some of what we discuss in this episode:

Emotional Transition: Leaving a career can create a major shift in identity and routine

Purpose Matters: Retirement works better when you have something meaningful to retire to

Monthly Income: Reliable income can matter more than chasing one big retirement number

Debt Management: High-interest debt can put significant pressure on retirement cash flow

Medicare Planning: Healthcare decisions remain an important part of retirement preparation

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

Contact our team: https://mitchlyonswealth.com/newsletter-signup/#contact

Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

Subscribe to our newsletter: https://mitchlyonswealth.com/newsletter-signup/

Claim your copy of Retirement of Steel: https://retirementofsteel.com/

Check out our movie: https://mitchlyonswealth.com/#theRetirementMovie

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Instagram: https://www.instagram.com/mlyonswealth/

Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

In this episode, Mitch explains how retirement income can be structured around both essential expenses and the experiences you want to enjoy. Retirement planning is not just about reaching a certain savings number. The real question is not simply how much you have saved, but how much reliable income those savings can create.

Here’s some of what we discuss in this episode:

Retirement Spending: Build around paychecks and “play checks”

Inflation and Longevity: Today’s income may not remain sufficient

Health Uncertainty: Longer lives create unpredictable future expenses

Income Strategies: Different tools can support dependable cash flow

Monthly Needs: Start with lifestyle, then engineer the plan

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

Contact our team: https://mitchlyonswealth.com/newsletter-signup/#contact

Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

Subscribe to our newsletter: https://mitchlyonswealth.com/newsletter-signup/

Claim your copy of Retirement of Steel: https://retirementofsteel.com/

Check out our movie: https://mitchlyonswealth.com/#theRetirementMovie

Check us out on YouTube: https://www.youtube.com/channel/UCiX-jbYI0MI_ELaXVXGXYbw

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Instagram: https://www.instagram.com/mlyonswealth/

Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

A retirement plan should not depend on everything going exactly right. Markets change. Tax rules shift. Healthcare expenses rise. Life takes unexpected turns. In part two of this series, Mitch explains how to create a retirement strategy with distinct roles for income, protection, and long-term growth, while maintaining enough flexibility to adjust as conditions change. The goal is not to predict every obstacle. It’s to build a plan that can respond when one appears.

Here’s some of what we discuss in this episode:

Contributions vs. Conversions: Income limits apply differently to each

Tax Coordination: Consider Medicare when timing financial moves

Bucket Strategy: Separate income, protection, and long-term growth

Risk Balance: Protect near-term needs while pursuing growth

Plan Adjustments: Recalibrate as markets and life change

Advisor Guidance: Gain clarity through a second perspective

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

Contact our team: https://mitchlyonswealth.com/newsletter-signup/#contact

Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

Subscribe to our newsletter: https://mitchlyonswealth.com/newsletter-signup/

Claim your copy of Retirement of Steel: https://retirementofsteel.com/

Check out our movie: https://mitchlyonswealth.com/#theRetirementMovie

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Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

A well-funded retirement can still be vulnerable if the plan behind it is incomplete. In part one of this two-part series, Mitch explains why reaching a certain account balance is only the beginning, and why the transition into retirement requires a different kind of preparation. Mitch explores how small adjustments made before retirement can create more stability, flexibility, and confidence later.

Here’s some of what we discuss in this episode:

Hidden Obstacles: Strong savings may still face risks

Taxes & Markets: Withdrawals and volatility can reshape outcomes

Healthcare Planning: Prepare for Medicare and future care

Plan Tweaks: Small adjustments may improve retirement stability

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

Contact our team: https://mitchlyonswealth.com/newsletter-signup/#contact

Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

Subscribe to our newsletter: https://mitchlyonswealth.com/newsletter-signup/

Claim your copy of Retirement of Steel: https://retirementofsteel.com/

Check out our movie: https://mitchlyonswealth.com/#theRetirementMovie

Check us out on YouTube: https://www.youtube.com/channel/UCiX-jbYI0MI_ELaXVXGXYbw

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From underdog to NFL legend, J.J. Birden joins Mitch Lyons on The Lyons Share to talk about his new book, Beat the Coverage: Six Strategic Steps to Win in Business and Life. J.J. spent his career proving people wrong. Undersized and overlooked, he turned an underdog mindset, relentless preparation, and consistent execution into a nine-year NFL career. Now, he’s taking those same lessons from the football field and applying them to business, leadership, and life. Just like a receiver has to recognize the coverage standing between him and the end zone, we all face obstacles between where we are and where we want to go. The key is learning how to recognize them, prepare for them, and ultimately beat the coverage. Learn more about J.J. Birden and Beat the Coverage at JJBirden.com. For more from Mitch Lyons Wealth and our game plan to Protect, Grow, and WIN Retirement, visit MitchLyonsWealth.com.

Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

Discover what real retirees are worried about behind the scenes of their financial lives. In this mailbag episode, Mitch responds to questions that reveal how emotional retirement decisions can become, even when the numbers appear straightforward. You’ll hear practical guidance on balancing confidence, flexibility, and long-term security while navigating the personal side of retirement. Stick around to learn the mindset shifts that can help you make clearer decisions and feel more comfortable with the path ahead.

Here’s some of what we discuss in this episode:

Wealth Resources: Access retirement education and planning guidance

Spending Anxiety: Use the numbers to build confidence

Family Bank: Avoid risking retirement to help others

RMD Planning: Prepare early for forced taxable withdrawals

Moving Closer: Balance family access with community ties

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

Contact our team: https://mitchlyonswealth.com/newsletter-signup/#contact

Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

Subscribe to our newsletter: https://mitchlyonswealth.com/newsletter-signup/

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Check out our movie: https://mitchlyonswealth.com/#theRetirementMovie

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Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

Retirement planning is about more than reaching a certain savings number. Mitch explains why dependable monthly income, tax planning, and strategic Roth conversions can provide greater control and confidence. He breaks down the difference between Roth contributions and conversions, highlights the risks of relying too heavily on market withdrawals, and explains how retirees can identify and fill an income gap.

Here’s some of what we discuss in this episode:

Roth Control: Reduce future tax uncertainty strategically.

Conversion Rules: Income limits do not apply.

Monthly Income: Focus beyond the account balance.

Income Gap: Identify what guaranteed sources cannot cover.

Retirement Red Zone: Protect the critical transition years.

Market Risk: Avoid depending solely on withdrawals.

Personal Pension: Create dependable income from savings.

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

Contact our team: https://mitchlyonswealth.com/newsletter-signup/#contact

Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

Subscribe to our newsletter: https://mitchlyonswealth.com/newsletter-signup/

Claim your copy of Retirement of Steel: https://retirementofsteel.com/

Check out our movie: https://mitchlyonswealth.com/#theRetirementMovie

Check us out on YouTube: https://www.youtube.com/channel/UCiX-jbYI0MI_ELaXVXGXYbw

Facebook: https://www.facebook.com/mitchlyonswealth

LinkedIn: https://www.linkedin.com/in/mitch-lyons-wealth-6377072b9/

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Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

Saving for retirement is only half the battle. The real challenge begins when it’s time to turn your nest egg into a reliable paycheck that lasts for the rest of your life. In this episode, Mitch explains why retirement planning is really income planning, how the shift from pensions to 401(k)s changed everything, and how a strategic income approach can help reduce uncertainty and create greater confidence throughout retirement.

Here’s some of what we discuss in this episode:

Retirement Paycheck: Creating a dependable monthly income

Tax Planning: Don’t forget Uncle Sam

Roth Conversions: Reduce future tax burdens

Three-Legged Stool: Why pensions have disappeared

Three Buckets: Balance growth and stability

Market Volatility: Protect your income plan

Income Sources: Build lasting retirement confidence

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

Contact our team: https://mitchlyonswealth.com/newsletter-signup/#contact

Schedule your no-cost consultation: https://mitchlyonswealth.com/retirement-consultation/

Subscribe to our newsletter: https://mitchlyonswealth.com/newsletter-signup/

Claim your copy of Retirement of Steel: https://retirementofsteel.com/

Check out our movie: https://mitchlyonswealth.com/#theRetirementMovie

Check us out on YouTube: https://www.youtube.com/channel/UCiX-jbYI0MI_ELaXVXGXYbw

Facebook: https://www.facebook.com/mitchlyonswealth

LinkedIn: https://www.linkedin.com/in/mitch-lyons-wealth-6377072b9/

Instagram: https://www.instagram.com/mlyonswealth/