Candid Conversations: Retirement Talk with Ryan Cravitz

Ryan Cravitz

Candid Conversations with Ryan Cravitz is a show specifically about retirement planning for people over 50. If you're wanting to invest better, maximize your income, reduce taxes, and learn how to successfully retire then this is the perfect show for you. Ryan has operated an independent financial planning firm since 2011 and is in his second decade of helping people grow and protect their wealth. Join him each episode for conversations about income, retirement, insurance, 401(k)s, IRAs, investments, and so much more. Visit him online at https://cravitzfinancial.com/ or by calling 714-462-9155.

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Top 10 Candid Conversations: Retirement Talk with Ryan Cravitz Episodes

Goodpods has curated a list of the 10 best Candid Conversations: Retirement Talk with Ryan Cravitz episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Candid Conversations: Retirement Talk with Ryan Cravitz for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Candid Conversations: Retirement Talk with Ryan Cravitz episode by adding your comments to the episode page.

Is Investing in a Roth a Bad Idea?

Candid Conversations: Retirement Talk with Ryan Cravitz

09/07/23 • 19 min

We came across an article recently that would get anyone’s attention when they’re trying to save for retirement. The headline said this person lost $400k in a Roth 401(k) and warned others about the risk as well. While this headline could very easily be characterized as clickbait, we wanted to explore it a little further and see how much truth was in these numbers.
Here's some of what we’ll discuss in this episode:

Ryan’s favorite show growing up and which Olympic sport would he have the best chance at winning a medal.
An example of someone in their mid-50s who might benefit from a traditional 401k versus someone who might benefit more from a Roth.
Why we start with income planning to determine how much we need and what taxes might look like in retirement.
What are the best ways to financially help a child with their new grandchild?
Should you park your money in cash if you know a lot of life changes are coming up?

Read the article here: https://finance.yahoo.com/news/lost-400k-retirement-savings-roth-174006044.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAIkWwMYSM-fB6t_MX8lExd4gm_ZfdGmNKd-SR1Li8ShRy48dw1PsMw5s01MCGixWIonmjy5Lcp5sNbJ2uQscXkEZtO2c3IOdRhKNuiepnd10XTXtHK1jh2mJwdhTwY42rtygybXhWczN7Bt86GnV3U378E4KLteJIZp0XmwYoUSk

Get more educational videos on YouTube: https://bit.ly/4b80CuY
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If you have any questions, you can contact us online here: https://cravitzfinancial.com/
Email: [email protected]
Call: 714-462-9155
Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.

Financial Questions That We’ve Been Asked Recently

Candid Conversations: Retirement Talk with Ryan Cravitz

03/07/24 • 20 min

We work through all types of scenarios with clients each day and find tools that will help them reach their financial goals. To help you get a better idea of how we work through these different scenarios, we are going to run through a list of questions that we’ve been asked recently.

Each of these topics cover common financial scenarios that you have probably dealt with already or might come across in the future. We’ll explain our process for answering them, some of the things you’ll want to consider, and how to determine your best path forward.

Here’s some of what we discuss in this episode:

What options do you have to provide financial support for your new grandchild and what are the tax implications?
How do you overcome the lack of decision-making because you’re overthinking everything?
What should you do if you realize you’ll have more money than you’ll ever spend and you haven’t been spending much in retirement?
How should you take your final paycheck before retirement if you have a lot of paid time off accrued?

What’s New with Social Security in 2024?

Candid Conversations: Retirement Talk with Ryan Cravitz

02/01/24 • 24 min

Whether you're nearing retirement, already retired, or just planning ahead, it's crucial to stay informed about Social Security and any changes that happen each year. Today we’re going to share some key things that you need to know and bring you up to speed on some updates that need to be aware of. Ryan will also tell you how this might impact you and the planning you’ll do this year.
Here’s some of what we discuss in this episode:

The Cost of Living Adjustment you can expect this year.
The payroll tax limit has bumped up so what does this mean for you.
Medicare premiums will be up from most people.
What is the future of Social Security and its solvency?
Does anything change with claiming strategies with the changes and updates we have?

Important Retirement Updates & Changes for 2024

Candid Conversations: Retirement Talk with Ryan Cravitz

01/11/24 • 23 min

It’s not always easy to keep up with rule changes and updates when they happen each year, but we like to stay on top of anything that might impact your retirement planning. In today’s episode, we will bring you up to date on what’s new for 2024. From tax brackets to Social Security to 529 plans, we’ll cover some key planning items that everyone will want to know about.
Here’s some of what we discuss in this episode:

You’ll get an increase to both your standard deduction on taxes and how much you can make in each tax bracket.
The Social Security Cost of Living Adjustment isn’t has high as it was a year ago but still a nice bump.
What you need to know about the increase in Medicare costs.
529 plans can start rolling money into a Roth but there are some restrictions to be aware of.
There is a little more flexibility to withdrawing from 401k accounts early.
What you need to be aware of with Required Minimum Distributions in 2024.

Let’s Answer Some Common Financial Questions

Candid Conversations: Retirement Talk with Ryan Cravitz

12/14/23 • 20 min

As we close in on the end of the year, we want to finish up by answering questions that people have asked us recently. We’ll cover key financial planning topics like retirement withdrawal rates, investing in CDs, advisor fees, Social Security and more.

Here’s some of what we discuss in this episode:

Is it okay to take a short-term loan to get funds for a closing while you wait for your current home to sell?
Is a 6% withdrawal rate too much in retirement and how do you figure out that number?
CDs have been a good investment in the current interest rate environment but will that continue?
What should you expect from a financial advisor before you pay them any fees?
Can you still take Social Security benefits while your spouse is working?

The Universal Truths of Retirement (PART 2)

Candid Conversations: Retirement Talk with Ryan Cravitz

11/09/23 • 23 min

Today we’re going to finish up our two-part conversation that will juxtapose the individuality of retirement plans with the foundational principles that remain constant regardless of who you are. These 10 total truths need to be accounted for when you build a plan for retirement, and we’ll talk about how and why they could have an impact on your financial future.

Here are the retirement truths we discuss in this episode:

Diversification is Essential for Risk Management.
Emotions Can Be an Investor's Worst Enemy.
Tax Implications Matter.
Retirement Doesn't Mean Complete Disengagement from Work.
Estate Planning Isn't Just for the Wealthy.

The Universal Truths in Retirement

Candid Conversations: Retirement Talk with Ryan Cravitz

10/05/23 • 17 min

Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree?

We’ll explore the realities that all of us will face in this episode so join us as we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. Everyone might address each of these truths in their own way, but no one should ignore what the things we talk about today.

This list of 10 truths will be broken up into two parts so make sure you stay tuned for the next episode.

Here’s are the truths Ryan will break down:

Everybody needs an income plan.
Everybody needs a plan to address healthcare issues
Nobody can consistently time the stock market successfully.
Nobody knows how long they’re going to live.
Money sitting in cash isn’t keeping up with inflation.

Spotting Problematic Personalities of Rogue Advisors

Candid Conversations: Retirement Talk with Ryan Cravitz

08/03/23 • 17 min

Finding a trustworthy and competent financial advisor is essential for securing your financial future. After all, they play a vital role in helping you make informed decisions about your money, investments, and long-term financial goals.

We’ll find out in today’s episode as we explore how to identify “The Ghost”, “The Jargon Juggler”, “The Chameleon”, and several more. And what should you do if you encounter them?
Here's some of what we’ll discuss in this episode:

What kind of communication should you expect from an advisor?
Some of the things that an advisor might do up front that might raise a red flag.
Why jargon and a think financial plan doesn’t necessarily indicate a knowledgeable advisor.

Counterintuitive Advice: Why You Should NOT Invest In A 401(k)

Candid Conversations: Retirement Talk with Ryan Cravitz

07/06/23 • 15 min

Don’t get us wrong. In many cases, your 401(k) can be your best investment vehicle, offering numerous benefits and tax advantages and many times a 100% return on some of your contributions (also known as an employer match). However, it's important to recognize that it might not always be the optimal choice for everyone. Join us in this thought-provoking episode as we dissect some reasons why someone should NOT invest in a 401(k).
Here's some of what we’ll discuss in this episode:

Building up your emergency fund before investing in your 401k. (2:45)
If your employer doesn’t match contributions. (5:17)
If you’re worried about future tax increases. (8:28)
The benefits of moving your money out of old 401ks if you no longer work for the company. (10:02)
If you have concerns about control, flexibility, and limited investment options. (13:04)

Practical Strategies for Protecting Retirees Against Scams & Fraud

Candid Conversations: Retirement Talk with Ryan Cravitz

04/10/24 • 17 min

As much as any other threat, recognizing and avoiding scams has become a necessary skill for today’s retirees to develop. In today’s episode, we’ll share a story of how a scam destroyed a woman’s entire retirement savings. Then, we’ll explore some crucial steps you can take to safeguard your financial well-being against the growing tide of scams and identity theft.
Here’s some of what we discuss in this episode:

Marjorie Blum’s scamming story + the threat of scams for Americans over 60
Phishing, vishing, and smishing techniques that are used today
Some red flags to look out for when it comes to scams
Protections you can put in place to protect your finances, like strong passwords and two-factor authentication

Resources for this episode:

How this 77-year-old widow lost $661,000 in a common tech scam: ‘I realized I had been defrauded of everything’ -

https://www.cnbc.com/2023/10/08/how-one-retired-woman-lost-her-life-savings-in-a-common-elder-fraud-scheme.html

Fraudsters targeting senior citizens with multiple financial scams –

https://www.thomsonreuters.com/en-us/posts/investigation-fraud-and-risk/senior-citizens-financial-scams/

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FAQ

How many episodes does Candid Conversations: Retirement Talk with Ryan Cravitz have?

Candid Conversations: Retirement Talk with Ryan Cravitz currently has 38 episodes available.

What topics does Candid Conversations: Retirement Talk with Ryan Cravitz cover?

The podcast is about News, Retirement, Investing, Business News, Money, Financial, Podcasts, Finance, Business and California.

What is the most popular episode on Candid Conversations: Retirement Talk with Ryan Cravitz?

The episode title 'Financial Questions That We’ve Been Asked Recently' is the most popular.

What is the average episode length on Candid Conversations: Retirement Talk with Ryan Cravitz?

The average episode length on Candid Conversations: Retirement Talk with Ryan Cravitz is 19 minutes.

How often are episodes of Candid Conversations: Retirement Talk with Ryan Cravitz released?

Episodes of Candid Conversations: Retirement Talk with Ryan Cravitz are typically released every 21 days.

When was the first episode of Candid Conversations: Retirement Talk with Ryan Cravitz?

The first episode of Candid Conversations: Retirement Talk with Ryan Cravitz was released on Oct 10, 2022.

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Candid Conversations: Retirement Talk with Ryan Cravitz

Ryan Cravitz

Top 10 Candid Conversations: Retirement Talk with Ryan Cravitz Episodes

FAQ

How many episodes does Candid Conversations: Retirement Talk with Ryan Cravitz have?

What topics does Candid Conversations: Retirement Talk with Ryan Cravitz cover?

What is the most popular episode on Candid Conversations: Retirement Talk with Ryan Cravitz?

What is the average episode length on Candid Conversations: Retirement Talk with Ryan Cravitz?

How often are episodes of Candid Conversations: Retirement Talk with Ryan Cravitz released?

When was the first episode of Candid Conversations: Retirement Talk with Ryan Cravitz?

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