As you transition into retirement, your monthly spending changes significantly, especially your discretionary expenses.

So, how do you account for your expenses and ensure they are taken care of?

In this episode, Matt helps you figure out your basic retirement expenses so you can become financially confident in your spending habits and live your dream retirement.

Matt discusses:

How expenses change during the go-go, slow-go, and no-go years of retirement

Why it’s possible to achieve your financial goals despite a low income before retirement

Important retirement expenses which are often overlooked

Reasons to build a customized financial plan instead of relying on generic rules of thumb

And more

Connect With Matt Perrone:

(425) 558-3700

[email protected] 

Connect With The Retirement Solution:

The Retirement Solution Inc. 

(888) 500-5830

About Matt Perrone:

As a financial planner, Matt Perrone focuses on one goal in his work — to give clients a sense of confidence by managing their life savings with the utmost care and integrity. For as long as he can remember, he has been passionate about helping others make wise financial choices. To this day, Matt finds his work both fun and meaningful. Matt is also involved with charities that aid disadvantaged youth and that support the arts and education. Before transitioning to Finance in 2015, Matt spent seven years in Hospitality and Business Management. His previous experience has allowed him to bring a more personalized level of care and service to his clients.

It’s not enough for your advisor to know what’s going on with your retirement, you need to know as well.

Of course you want to spend all the money you saved for retirement. In this episode, Tom Black shares how you can be successful in your retirement. Tom speaks about some of the “rules” around retirement spending and why not everyone can keep up with them. 

Tom discusses:

Why more people are looking towards retirement

The first step to creating a real retirement plan

Why having a good handle on your monthly will likely lead to you having a successful retirement

The “rules” of retirement and spending and why it’s not for everyone to follow

And more

Connect With Tom Black:

855-895-2586

[email protected] 

Connect With The Retirement Solution:

The Retirement Solution 

(888) 500-5830

About Tom:

As a Financial Planner, Tom has a thorough understanding of the complex issues that must be addressed when preparing a strategic retirement plan.

Tom has always been interested in wealth management, graduating with a Finance degree from Brigham Young University. He attributes his career path to his passion and desire to help enrich peoples’ lives. Tom is motivated by helping people maintain financial independence and their active lifestyle long into retirement by providing a holistic financial review process. Prior to joining TRS, Tom gained extensive experience overseeing client-business relationships, client satisfaction strategies, accounting, budgeting, projections, and financial operations at Abadan, Yakima Valley Farmworkers, and Connell Grain Growers.

No one wants to have a conversation about end of life assistance after a loved one has passed on. Start having those conversations today.

In this episode, Tyler Lively talks about spousal assistance and how you can ensure your loved ones are protected if you were to pass away abruptly. Tyler explains how spouses can be successful in planning survivorship, and what some of the biggest worries people like you have.

Tyler discusses:

The best time to have the conversation about what happens when a spouse passes away

How spouses can be successful in planning survivorship

Some of the biggest pitfalls of clients who are still working when it comes to end of life planning

Some of the biggest worries that you’ve seen couples have in regards to end of life

And more

Connect With Tyler Lively

(425) 558-3700

Connect With The Retirement Solution:

The Retirement Solution 

(888) 500-5830

About Tyler:

Tyler is a native of Washington state, having grown up in Redmond. He has always had a passion for learning and finding the optimal solution to any goal. This drive pushed him to graduate from the prestigious Marriott School of Business (rated one of the top 10 entrepreneurship programs in the U.S.¹).

 

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To all parents out there, do you talk about money with your children?

If so, what’s your approach?

In this week’s episode, The Retirement Solution’s Mike Whitmore quickly breaks down how to start, introduce, and maintain financial and money-related conversations with kids depending on their stage as pre-teenagers, teenagers, and adult children. 

Mike discusses:

Teaching your pre-teen children how to handle money, and what are the benefits of setting up UGMA accounts for them

Why have tax, “paying yourself first,” debt, and credit history-related conversations with your teenage children as they receive their first paycheck and are ready to go to college 

The importance of emergency funds, saving for retirement, and power of attorney documents for adult children 

The difference between consumer and educational debt 

What is “bank on yourself,” and what’s its role within the mortgage and life insurance arena 

AARP considerations for adult children 

And more!

Resources:

Uniform Gifts to Minors Act (UGMA)

LinkedIn: Jim Black

Bankrate

Investing For Dummies by Eric Tyson on Amazon 

dummies - Learning Made Easy

AARP

Connect with Mike Whitmore:

LinkedIn: Mike Whitmore 

(425) 558-3700 (TRS - Redmond, Washington)

Connect with The Retirement Solution:

The Retirement Solution

(888) 500-5830

About Mike Whitmore:

Mike graduated from Brigham Young University with a BS in Business Management and Marketing and a minor in Dutch Literature. He is a Financial Planner with The Retirement Solution, serves as the President of the Advisory Board for Velvet Media, and is a former co-founder of Fresh Consulting.

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Non-retirement investments are “non-qualified,” meaning that you're investing with after-tax dollars and are not subject to any special tax treatment.

 

In this episode, The Retirement Solution’s Tyler Lively navigates the path of investing with non-retirement funds. All this while highlighting the role of retirement, taxes, ETFs, and mutual funds within the investment arena. 

 

Tyler discusses:

 

From life insurance to college planning: Why follow the general investment hierarchy to invest non-retirement fund money

Benefits of utilizing after-tax money for investment purposes 

The role of capital gains tax when it comes to after-tax assets – and a breakdown of capital gain rates in 2021

The idea of “capital loss bank” to offset capital gains

Utilizing mutual funds in after-tax investments

The importance of saving during retirement 

And more!

 

Resources:

Fund Fact Sheet

Morningstar

 

Connect with Tyler Lively:

About: Tyler Lively 

(425) 558-3700 (TRS - Redmond, Washington)

 

Connect with The Retirement Solution:

The Retirement Solution

(888) 500-5830

 

About Tyler Lively:

 

Tyler is motivated by the ability to work closely with clients to help them achieve their financial dreams and goals. Tyler is an integral member of The Retirement Solution Investment Committee and has earned a Chartered Retirement Planning Counselor designation through the College of Financial Planning, as well as the prestigious Certified Financial Planner® designation from the board-registered CFP® educational program. 

 

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While bereavement means losing something significantly meaningful, like a job or connections pre-retirement, bereavement also means losing and facing the passing of a loved one.

 

In this episode, The Retirement Solution’s Cindy Mueller breaks down everything you need to know about the financial component of bereavement. All this to help you understand how financial planning (and professionals) can help you reduce and mitigate the stress following the passing of a spouse or family member.

 

Cindy discusses:

 

How financial advisors can help you address bereavement

Using The Retirement Solution’s checklist as a guide: First action items individuals have to take care of after losing a loved one

Leave IRA’s, Roth IRA’s, and 401k plans alone: Things widows and widower should avoid doing after losing their spouse 

Financial planning considerations to help people reduce the stress after the passing of their spouse 

Stories and experiences of widowed individuals 

And more

 

Resources:

Learning Center 

 

Connect with Cindy Mueller:

 

 LinkedIn: Cindy Mueller

 

Connect with The Retirement Solution:

 

The Retirement Solution

 (888) 500-5830

 

About Cindy Mueller:

 

Cindy joined The Retirement Solution in 2008 with a commitment to delivering sound principles of financial management. She offers clients professional counsel in personal finance, investment advisory services, estate planning, and retirement planning.

What does fatherhood mean to you?

How do you envision your retirement years as a father, grandad, or father figure?

In this Father’s Day special, The Retirement Solution’s Matt Perrone explains financial and life coaching considerations you must know as you address and approach retirement as a parent, grandparent, or father figure to someone.

Matt discusses:

Matt’s memories with his dad, and who are father-like figures to him

Ways retirees can spend more time with their grandchildren 

Common father-figure type roles people take on before or after retirement 

Advice for people at or near retirement who want to make a difference in their family’s or other people’s lives  

And more

Resources:

The National Eagle South Association 

Connect With Matt Perrone:

LinkedIn: Matt Perrone

Connect with The Retirement Solution:

The Retirement Solution

Contact Us

(425) 558-3700 (Redmond, Washington)

(888) 500-5830

About Matt Perrone:

Matt Perrone focuses on one goal in his work — to give clients a sense of confidence by managing their life savings with the utmost care and integrity. For as long as he can remember, he has been passionate about helping others make wise financial choices. To this day, he finds his work both fun and meaningful.

 

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In simple words, a charitable Required Minimum Distribution is still an RMD but the only difference is that you are also directing it to a charity.

In this episode, The Retirement Solution’s associate planner, Shane Perry sheds some light on all things charitable RMDs and gifting to help you understand its different financial components before you pass it down to your heirs and beneficiaries. 

You will learn:

Who can opt for an RMD and what are the new age-related updates? 

Rules for those considering a Qualified Charitable Distribution (QCD)

How to redirect an RMD to a Donor Advised Fund

Tax considerations around gifting and reasons why people should gift assets while alive 

How are families using and approaching conversations around charitable RMDs and gifting? 

And more!

Listen today and discover everything you need to know about charitable RMDs and gifting!

Resources:  The Retirement Solution: 888-500-5830 | Shane Perry  

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A fulfilling retirement requires two things: A financial strategy you are comfortable with and a bucket list of things you can do.

 

Would you agree?

 

Today, The Retirement Solution’s president and lead financial planner, Tom Black, discusses everything you need to know about retirement and its components surrounding finances, emotions, and productivity. All this so that you can prepare ahead, fulfill your wishes, and most importantly, retire in retirement.

 

In this episode, you will learn:

 

The importance of building freedom in retirement to do things you want to do 

Why switching from saving to spending is a struggle for retirees – and how to overcome it 

How an income plan can ease the process of transitioning to retirement 

After their last paycheck: How long does the vacation-like feeling last for retirees? 

From traveling, volunteering, and creating new habits: Things you can do to achieve a happy, productive, and long retirement 

And more!

 

While a to-do list can be handy, tune in today and find out why retirement is all about doing the things that bring meaning to YOUR life! 

 

Resources: The Retirement Solution: 888-500-5830 | Tom Black 

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Estate planning is not only for the wealthy. Instead, it’s for anyone who wants their assets and finances to be taken care of (according to their wishes) when they pass away. 

 

One way to do this is through estate planning documents, and that’s exactly what Shane Perry discusses in this episode of Your Retirement Solution. Shane not only introduces the different records you may need but also sheds some light on techniques you can incorporate within your planning to easily pass assets to your beneficiaries.

 

In this episode, you will learn:

 

The breakdown of wills, beneficiary designations, and health care power of attorney’s as crucial estate planning documents 

The importance of drafting documents according to your state laws and following a consistent beneficiary format 

Everything you need to know about wills going into probate 

What are letters of intent and what is their purpose within estate planning 

How guardianship designations can guarantee care for children in the absence of their parents

And more!

 

Listen today, and find out how these records can help your estate planning flow as seamlessly as possible!

 

Resources:  The Retirement Solution: 888-500-5830 |  YouTube  | Shane Perry