Family And Retirement Planning

04/17/25 • 13 min

Retire With Freedom: Featuring Freedom Financial Group's Toni, Tyler & Tad Hill

Do your kids know what to do with an inheritance or will the IRS take the lead? Have you planned for what your spouse’s income will look like after you’re gone? Retirement planning doesn’t stop with your personal goals, it extends to the people you love. In this episode, Tyler and Toni explore how retirement decisions affect your spouse, your kids, and the legacy you leave behind. They break down why filing status changes can lead to unexpected tax bills and how to plan ahead so your loved ones aren’t left scrambling.

You'll also hear about the major changes to IRA inheritance rules, why today's tax-deferred accounts can create tomorrow’s tax headaches, and how to use proactive strategies to minimize taxes and maximize your legacy. If your plan doesn't account for survivorship, tax implications, and wealth transfer, this episode may be your wake-up call to take action before it’s too late.

Here’s what we discuss in today’s show:

🧾 What the “spousal tax trap” means and how to avoid it

💔 How losing a Social Security check impacts retirement income

📉 Why your surviving spouse could face a bigger tax bill

🏡 The most loving legacy move: disinherit the IRS

📚 Education, planning, and conversations that prepare your whole family

Key Takeaway

"If you’re not doing tax strategies today, you’re just making the IRS another beneficiary—and a big one."

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Here’s what we discuss in today’s show:

🧾 What the “spousal tax trap” means and how to avoid it

💔 How losing a Social Security check impacts retirement income

📉 Why your surviving spouse could face a bigger tax bill

🏡 The most loving legacy move: disinherit the IRS

📚 Education, planning, and conversations that prepare your whole family

Key Takeaway

"If you’re not doing tax strategies today, you’re just making the IRS another beneficiary—and a big one."

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Previous Episode

Common Mistakes In Retirement

Retirement planning isn’t just about growing your nest egg, it’s about making your money last as long as you do. In this episode, Tyler and Toni break down some of the most common mistakes people make heading into retirement and how to avoid them. From starting Social Security too early to focusing too much on returns instead of income, they walk through what really matters when the paycheck stops.

You’ll also hear why rules of thumb often fall short, how to build a plan that fits your life—not your neighbor’s—and how to create income that lasts decades, not just years. Tune in as we unravel some of the confusion around these topics and offer a smarter way to think about retirement.

Here’s what we discuss in today’s show:

📉 Why chasing returns isn’t a retirement income strategy

📆 The costly mistake of claiming Social Security too early

👂 Stop taking financial advice from your neighbor

🏡 Planning for the surviving spouse

Key Takeaway

"Your financial plan should be just as customized as your thumbprint."

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Next Episode

Getting To Know You: What Did You Want To Be Growing Up?

Tyler and Toni ditch the spreadsheets and share a personal, lighthearted conversation about what they wanted to be growing up. Turns out, the path to financial planning wasn’t a straight one—but you’ll hear the common threads: a love for helping people, dishing out thoughtful advice, and being the kind of friend who’s always there when you need a listening ear.

Join us for a relaxed, off-the-cuff chat that comes with a few surprises. You’ll get a behind-the-scenes look at how financial advising blends math, emotion, and meaningful human connection and why both Toni and Tyler believe they ended up exactly where they’re supposed to be.

Here’s what we discuss in today’s show:

🎯 What the team wanted to be at 15

🧠 Psychology, physical therapy... and financial planning?

🧮 Helping people with feelings... using math

📈 The link between problem-solving and financial confidence

Key Takeaway

"Helping people with money is really helping them with life—it’s financial psychology."

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio