Mike and Ryan discuss the DOW Jones recently breaking the 40,000 mark and the impact of market fluctuations on retirement planning. They emphasize the importance of tax planning and taking control of tax bills during retirement.

Mike and Ryan also cover strategies for minimizing tax liabilities and optimizing income from the sale of a business.

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Mike and Ryan delve into the implications that government spending can have on your taxes, and the potential shock that may come when taxes increase after the Trump tax cuts expire.

They also discuss the need for tax efficiency and the potential savings that could come from strategic financial planning in retirement.

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Ryan Herbet discusses the potential impact of healthcare and long-term care expenses on retirement savings and the transfer of wealth to future generations. He highlights the need for tax planning and what the tax implications may be of passing wealth down to children.

Ryan also explores alternative options for funding long-term care and the challenges associated with it.

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Retirees are getting anxious about the unrest in the world, upcoming elections, and out-of-control government spending. Warren Buffett advises against making investment choices based on short-term headlines and instead focuses on predicting what will happen in the next 10 years. The stock market is unpredictable and reacts to various factors, making it difficult to determine its direction.

In this episode, Mike and Ryan explain how both Republicans and Democrats have been poor stewards of money. It is important for retirees to have a solid retirement plan that includes income streams that they will never outlive.

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What are the tax consequences of working longer in retirement to gain more income?

In this episode, Ryan discusses the impact of taxes on retirement income and the importance of tax planning. Also, Ryan explains how Roth conversions can be a valuable strategy to save on taxes in retirement.

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Having a 401k does not automatically mean you have a substantial retirement fund. While a 401k is a tool to save money for retirement, it doesn't guarantee a successful income plan.

In this episode, Mike and Ryan explain why people may lack the necessary knowledge and guidance to make informed decisions about their 401k, and discuss the important things to look out for when developing a retirement plan.

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Tax planning is a crucial aspect of financial planning, as taxes may significantly impact retirement savings.

In this episode, Ryan Herbert tells us where Maryland stands compared to other states regarding tax rates. Learn about how where you live can affect your overall retirement plan and the importance of properly preparing a tax strategy.

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Diversifying tax buckets is important when minimizing tax implications. A plan that considers the lowest tax bracket today and throughout retirement is essential to understand when aiming for tax efficiency.

In this episode, Mike and Ryan break down how different investments such as annuities have varying tax implications, and why preserving and protecting wealth in retirement should be a goal when building out a plan.

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Taxes are unfair. That’s what Ron Swanson of “Parks and Rec” taught a young student by eating most of her lunch.

On this episode, Mike expresses the frustrations he has with lazy CPAs that are costing the taxpayer money they legally aren’t obligated to pay. Plus, hear about how proper tax planning may result in a lower tax bill and how those savings can be utilized in a financial plan.

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Market corrections have a bigger impact on your 401k than you may think. That impact is more significant when you're planning for retirement.

On this episode, Ryan Herbert discusses the importance of positioning yourself properly to make your life savings last regardless of a stock market crash.

Plus, pensions used to be the consistent source of income that retirees relied on. Now it's the 401k. But 90% of Americans are worried that their 401k won't provide a reliable stream of income. Ryan and Lawrence Kiely suggest how annuities and other strategies could be utilized in a retirement plan.

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