Are you looking for ways to reduce the taxes on your income? Zacc Call goes over tax strategies from simple to more advanced.

Schedule a free call with Zacc’s team to review your tax saving opportunities: https://theretirementnerds.com/contact-us/

Other Resources:

Free Social Security Taxability Worksheet: https://theretirementnerds.com/social-security-worksheet/

Free Money and Mind Ebook: https://theretirementnerds.com/money-mind/

Free Retirement Nerds Newsletter: https://theretirementnerds.com/newsletter/

The 7 Prosperity Projects Book: https://amzn.to/4dvxWgA

Services:

The Retirement Nerds partners help with:

Medicare

Social Security Planning

Financial Planning

Investment Management

Estate Planning (Wills & Trusts)

Long Term Care Insurance

Contact us if you need help with any of these topics:

https://theretirementnerds.com/contact-us/

Other Related Videos:

https://youtu.be/6kcQKDku7IA

https://youtu.be/giSf4ZBeWMQ

https://youtu.be/ZetbFdEqi2A

https://youtu.be/VHHNYdpVwrU

https://youtu.be/8uC1lgkZUWE

https://youtu.be/voWbWZ9tu04

Connect:

YouTube:

https://www.youtube.com/@Theretirementnerds/sub_confirmation=1

Website:

https://theretirementnerds.com/

LinkedIn:

https://www.linkedin.com/in/eriksoderborg/

TikTok:

https://www.tiktok.com/@retirementnerds

If you liked the video, please give it a "Thumbs up!" and subscribe to see more!

#Taxes #avoidtaxes #paylesstaxes #tax #retirementnerds #eriksoderborg #zacccall #capita #capitafinancialnetwork #taxplanning

⏰ TIME CODES ⏰

0:00 High Level Strategy

3:44 The Line

7:20 Tax Refund Mistake

9:16 Modified Adjusted Gross Income

15:35 More Income Control

21:15 Long Term Capital Gains

25:23 Dividend Strategy Pros & Cons

31:20 Taxable Investment Portfolios

34:26 Capital Gain Harvesting

36:25 Tax Loss Harvesting

42:41 Fund Efficiency

45:56 Asset Location Strategies

48:57 Charitable Contribution Strategies

57:59 Qualified Charitable Distribution

1:01:08 Bunching

1:02:52 Donor Advised Fund

1:09:08 Roth Conversions

1:12:10 Health Savings Accounts

1:15:12 Marginal Tax Management

1:16:58 State-Specific Strategies

1:18:43 Timing Matters

1:26:42 Where to Get Help

Disclosure:

This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable.

Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Steve Willems sat down to go through the 10 Retirement Myths he hears most when helping Canadians plan for their retirement. We compare and contrast retirement choices in Canada with those in the United States and go through general concepts of what most retirees actually experience.

Connect with Steve here:

https://willemswealthplanning.ca/

Steve's YouTube Channel:

https://www.youtube.com/@willemswealth

Some related videos from Steve:

https://youtu.be/IM8F8GGsUF0?si=IPv0lWysAy78l5Va

https://www.youtube.com/watch?v=6O2gvSF1o2M

https://www.youtube.com/watch?v=iXgZ_7Cmchs

Sources:

Retiree Expectations vs Reality

https://www.transamericainstitute.org/docs/library/research/life-in-retirement-preretirees-expectations-retiree-realities-report-september-2023.pdf?sfvrsn=58f037dc_11

Retirement spending smile concept from JP Morgan Guide to Retirement:

https://am.jpmorgan.com/us/en/asset-management/institutional/insights/retirement-insights/guide-to-retirement/?slideId=guide-to-retirement-spending/gtr-spendpartfull

Other reference material about the retirement spending smile:https://www.financialplanningassociation.org/sites/default/files/2020-09/MAY14%20JFP%20Blanchett_0.pdf

4 Phases of Retirement by Riley Moynes - TEDx Talk - https://www.youtube.com/watch?v=DMHMOQ_054U4

Phases of Retirement Book:

https://amzn.to/3Ew7ecp

Warren Buffet Letter:

https://www.berkshirehathaway.com/news/nov2524.pdf

Carl Richards Quote:

https://behaviorgap.com/perfect-today-less-wrong-tomorrow/An awesome article on the "concept of enough" - https://moretothat.com/the-many-worlds-of-enough/

Life expectancy when CPP was launched in Canada in 1966: 71.8 years old - https://www.macrotrends.net/global-metrics/countries/CAN/canada/life-expectancy

Check out our resources at https://TheRetirementNerds.com/

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Send me a message!

[email protected]

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Be Sure to Subscribe to our Channel!

YouTube: @theretirementnerds

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Join our newsletter for monthly tips, book recommendations, and personal stories!

https://theretirementnerds.com/newsletter/

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⏰ TIME CODES ⏰

0:00 Preview

0:44 Intro

2:45 Myth #1

6:23 Myth #2

10:10 Myth #3

14:32 Myth #4

19:34 Myth #5

27:48 Myth #6

32:50 Myth #7

38:11 Myth #8

43:06 Myth #9

48:26 Myth #10

53:28

#retirement #canadavsusa #financialplanning #finance

Federal Disclaimer:

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

How you ask your financial advisor is just as important as what you ask your financial advisor.

If you are thinking of working with a financial advisor, we'll show you not only which questions to ask, but how to get to them in a way that establishes credibility and gets you the answers you really need.

Zacc's Article on Questions to Ask:

https://www.capitafinancialnetwork.com/education-center/how-to-interrogate-a-financial-professional

Our video on the different types of Financial Professionals:

https://youtu.be/8uC1lgkZUWE

Connect with Zacc's team at Capita:

https://www.capitafinancialnetwork.com/

Check out our resources at https://TheRetirementNerds.com/

=============================

Send me a Message!

[email protected]

=============================

Be Sure to Subscribe to our Channel!

=============================

YouTube: @theretirementnerds

=============================

Join our newsletter for monthly tips, book recommendations, and personal stories!

https://theretirementnerds.com/newsletter/

=============================

⏰ TIME CODES ⏰

0:00 Shopping Advisors

2:11 What's Really Happening

4:49 The Fiduciary Myth

8:41 The 4 Cs Framework

10:55 Competence

15:52 Communication

21:12 Care

31:43 Compensation

37:35 Relationships in Practice

41:50 Incorrect Advisor Shortcuts

44:27 Where to get help

=============================

#finance #financialplanning #financialadvisors

Disclosure:

This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

Learn how to create your own investment portfolio and what the professional financial advisors look for when constructing a solid portfolio. Zacc Call outlines the factors and options available for those who want to do something other than just invest in the S&P 500 index funds. Zacc goes over stocks, index funds, bonds, and other asset classes to help you build your wealth.

Connect with Zacc's Team at Capita Here:

https://www.capitafinancialnetwork.com/

Get The INVESTMENTS Article from the Money & Mind Book Here:

https://cdn.prod.website-files.com/61bbaf4759074aa904a63ee6/67927ad63ab63a432c2a0f25_Investments.pdf

Download the full Money & Mind Book here:

https://theretirementnerds.com/money-mind/

Check out our resources at https://TheRetirementNerds.com/

Get Zacc's Book: The 7 Prosperity Projects

https://amzn.to/4162UrL

=============================

Send me a Message!

[email protected]

==========================================================

Be Sure to Subscribe to our Channel!

=============================

YouTube: @theretirementnerds

============================================================

Join our newsletter for monthly tips, book recommendations, and personal stories!

https://theretirementnerds.com/newsletter/

============================================================

⏰ TIME CODES ⏰

0:00 Intro

0:45 Just the S&P 500?

5:00 Reason 1: Too Risky

6:32 Reason 2: Lost Decade

10:02 Reason 3: Want More Return

11:00 Diversification

13:49 Constructing a Portfolio

18:42 Monitoring your Portfolio

27:14 Important Definitions

38:45 Stock Capitalization Grid

47:43 International Grid

49:20 Bond Grid

54:16 S&P 500 on the Grids

56:03 Role of Index Funds

58:25 Financial Advisor Role

1:01:11 Strategic vs Tactical Building

1:04:53 Security Selection

1:07:30 Mutual Funds

1:08:55 Exchange Traded Fund (ETF)

1:16:00 Technical vs Fundamental Approach

1:19:26 Diversification vs Risk

1:32:22 Zacc's Team and Help

1:40:50 Where to Find Zacc's Content

=============================

#finance #theretirementnerds #investing

Federal Disclaimer:

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

Disclosure:

This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

As you prepare to file your taxes, you will want to understand how your taxes are calculated to ensure you are making the most of your tax situation. There are different types of income, tax rates, and the progressive tax structure of the United States tax code.

Disclosure:

Putting in the right people to act in your Estate Plan is as important as any other decision. Who will act as your successor trustee (trusts), executor (wills), and financial powers of attorney for finances and healthcare decisions will impact how your estate plan is executed upon death.

The Social Security Fairness Act, HR 82, concerning the Windfall Elimination Provision and Government Pension Offset, was signed into law on January 5, 2025 by President Joe Biden.

Disclosure:

There are many ways to title your real estate properties, but who or what entity owns that property can have significant consequences when we start talking about probate, taxes, and freedom to sell properties upon death. For most, their home is their single biggest financial asset.

In this video, Zacc Call, a Certified Financial Planner explores the 7 projects to achieve financial freedom. If you are tired of living paycheck to paycheck and want to take control of your finances to build a sustainable future, this video is for you!

You've decided you want to do a Roth conversion, and in this video, we go over exactly HOW to do a Roth conversion. What is happening during the conversion? What are best practices? And how can you avoid costly mistakes when doing a Roth conversion.