In this episode of Retire Stronger, John Foard and Bill Kearney discuss the critical aspects of retirement income planning. They emphasize the importance of having a structured income plan that goes beyond mere accumulation of wealth. The conversation covers the creation of a personal retirement income plan, the retirement paycheck system, withdrawal strategies, and the bucket approach to managing income. They also address the risks of inflation and longevity, providing actionable steps for listeners to ensure a secure and fulfilling retirement.

In this episode of Retire Stronger, John Foard and Bill Kearney discuss the five biggest retirement mistakes that can derail even the most diligent savers. They emphasize the importance of early tax planning, understanding sequence of returns risk, estimating healthcare and long-term care costs, developing a clear withdrawal strategy, and planning for longevity risks. The hosts provide actionable insights and strategies to help listeners avoid these pitfalls and retire with confidence and peace of mind.

In this episode, John Foard and Bill Kearney discuss the pitfalls of the 'set it and forget it' approach to retirement planning. They emphasize the importance of actively managing retirement accounts, reviewing strategies regularly, and adapting to life changes. Through real-life examples, they illustrate the consequences of neglecting retirement planning and provide actionable steps to ensure a successful retirement strategy. The conversation highlights the need for periodic reviews, understanding tax implications, and the value of working with a trusted financial advisor.

In this episode of Retire Stronger, Bill Kearney and John Foard discuss significant changes in retirement legislation, referred to as the 'Big Beautiful Bill.' They explore the implications of these changes on retirement planning, including earlier required minimum distributions, mandatory Roth contributions for high earners, and new inherited IRA rules. The hosts emphasize the importance of adapting financial strategies to these changes and highlight opportunities for tax-efficient planning, particularly through Roth conversions. They also stress the need for effective legacy planning and the evaluation of financial advisory teams to navigate the evolving tax landscape.

In this episode of Retire Stronger, hosts John Foard and Bill Kearney delve into the concept of Net Unrealized Appreciation (NUA), a tax strategy that can significantly benefit individuals with substantial company stock in their 401k plans. They explain how NUA works, who should consider it, and the potential tax savings it offers compared to traditional withdrawal methods. The conversation includes real-world examples, the strict IRS rules governing NUA, and the importance of consulting with financial professionals. The hosts also discuss the differences between NUA and Roth conversions, and strategies for managing company stock after executing an NUA transaction.

In this episode of Retire Stronger, hosts John Foard and Bill Kearney delve into the critical role of CPAs in tax planning for retirement. They clarify the distinction between CPAs as tax preparers versus tax planners, emphasizing the importance of proactive tax strategies to avoid future tax burdens. The discussion covers effective tax planning strategies, the limitations of CPAs, and actionable steps for listeners to ensure tax efficiency in their retirement planning. The episode concludes with a reminder to not confuse tax filing with comprehensive tax planning.

In this episode of the Retire Stronger podcast, hosts John Foard and Bill Kearney discuss how to navigate bear markets with strategic tax planning. They explore the opportunities that arise during market downturns, including tax loss harvesting, Roth conversions, rebalancing portfolios, and smart gifting strategies. The conversation emphasizes the importance of proactive planning and making informed decisions to optimize financial outcomes during challenging market conditions.

In this episode of Retire Stronger, hosts John Foard and Bill Kearney discuss the three essential keys to a successful financial plan: consistency, commitment, and confidence. They emphasize the importance of having a structured retirement income plan and the need for regular reviews with financial advisors. The conversation highlights real-world examples and client stories to illustrate how these principles can lead to peace of mind and financial security in retirement.