Tag: Retirement Planning
#34 | Use the Buckets of Money strategy for retirement income
Show NotesTranscriptView All Episodes In this episode of the "Protecting and Preserving Wealth" podcast, host Bruce Hosler and Jon Gay dive deep into the Buckets of Money strategy for retirement income. Amidst a backdrop of stock market volatility, geopolitical tensions, and inflation, Bruce presents the Buckets of Money strategy as a safeguard against Sequence of Return Risk—a serious risk retireesRead more
#33 | What Did You Learn About Money Growing Up?
Show NotesTranscriptView All Episodes In this episode of the Protecting and Preserving Wealth Podcast, Jon Gay and Bruce Hosler discuss the importance of early financial lessons and their lasting impact. Bruce begins client relationships by asking them clients about their childhood money experiences, highlighting how these early lessons shape our financial behaviors. Today, we explore how different family dynamics influenceRead more
13
Nov
Explaining 5 Major Benefits of the Roth 401(k)
Building a Tax-Free Future: 5 Major Benefits of the Roth 401(k) Most people are familiar with the traditional 401(k) retirement account. It has become the de facto retirement-saving vehicle for millions of Americans. At Hosler Wealth Management, we’re big fans of the traditional 401(k)’s tax-free cousin, the Roth 401(k). Like the better-known Roth IRA, the Roth 401(k) is a
#32 | Having a Will is Not a Complete Estate Plan
Show NotesTranscriptView All Episodes In this episode of the Protecting and Preserving Wealth Podcast, host Bruce Hosler and Jon dive into the crucial topic of why having a will is only a partial estate plan - exploring the significance of beneficiary forms and their power in estate planning. We begin by explaining the importance of beneficiary forms, emphasizing that theyRead more
#31 | Switching Social Security Benefits
Show NotesGuest ProfileTranscriptView All Episodes Today, Jon Gay, Bruce Hosler, and Jason Hosler from Hosler Wealth Management discuss various aspects of Social Security benefits and switching strategies. They start by explaining the concept of switching benefits, which allows individuals to switch to a new benefit when they become entitled, especially if it is higher than their current benefit. They emphasize thatRead more
9
Oct
What Are Qualified Charitable Distributions?
Breaking Down the Benefits of Qualified Charitable Distributions Charitable giving is a popular tax-saving tactic we explore when evaluating ways to limit our clients’ tax liabilities in retirement. One of our favorite tax-saving tools related to charitable giving is the qualified charitable distribution. What is a Qualified Charitable Distribution? A qualified charitable distribution (QCD) is an IRA distribution
#27 | What Happens To My Trust When I Die?
Show NotesTranscriptView All Episodes Many of our listeners have established a trust for their assets upon passing. And while nobody wants to think about their mortality, today I explain what happens to that trust when you pass. The first thing that happens is that your living revocable trust becomes an irrevocable trust, and your successor trustee is now in chargeRead more
#25 | Secure Act 2.0 Mandates Roth Catch-up Contributions in 2024
Show NotesGuest ProfileTranscriptView All Episodes Congress has passed the SECURE Act 2.0. Among the many retirement plan changes are new catch-up contribution requirements. Alex Koury from Hosler Wealth Management joins Bruce today to explain. As you may know, employees aged 50 and over can make "catch-up" contributions to their plans to save more for retirement. Until 2023, these additional contributionsRead more
#24 | Avoiding Probate Problems
Show NotesGuest ProfileTranscriptView All Episodes Upon your passing, your estate could end up in probate. All your affairs will become public record, there can be delays on the paperwork, and there will, of course, be attorneys' fees. Jason Hosler rejoins us today to talk about avoiding probate. First, review all your beneficiary designations for all your bank and brokerage accounts.Read more
#23 | Leaving an Inheritance to Your Kids
Show NotesTranscriptView All Episodes Deciding what to leave to your children - and how to do it - is a challenging topic to bring up. But it's crucially important to take care of this now while you are still able. Some parents want to spend down their life savings and enjoy their retirement. Others pinch every penny so they canRead more
