How Do I Refill My Retirement Income Floor?

11/29/23 • 36 min

2 Listeners

Have you been wondering what you’re supposed to do when it comes to refilling your retirement income buckets? So has Michael. In this episode, I’ll go into further detail about how to do that.

Stay tuned for the answer to Michael’s question and many others as well as a chat with Kevin Lyles on how to ease into retirement in the Bring It On segment. Press play to get started. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN LISTENER QUESTIONS

[4:38] How to reinvest retirement income floor
[15:21] Contribute to grandchild’s Roth accounts to teach compounding
[16:58] How is a non-deductible IRA contribution withdrawal handled?
[19:51] The pros and cons of Everplans
[24:26] On organizing books

BRING IT ON

[25:45] How to ease into retirement

TODAY’S SMART SPRINT SEGMENT

[33:45] Check your liquidity

Resources Mentioned In This Episode
BOOK - The Road to Character by David Brooks
BOOK - The Second Mountain by David Brooks
Everplans.com
Episode 473 - How Is Deferred Compensation Taxed When I Receive It?
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement by Roger Whitney
Roger’s Retirement Learning Center

Have you been wondering what you’re supposed to do when it comes to refilling your retirement income buckets? So has Michael. In this episode, I’ll go into further detail about how to do that.

[4:38] How to reinvest retirement income floor
[15:21] Contribute to grandchild’s Roth accounts to teach compounding
[16:58] How is a non-deductible IRA contribution withdrawal handled?
[19:51] The pros and cons of Everplans
[24:26] On organizing books

BRING IT ON

[25:45] How to ease into retirement

TODAY’S SMART SPRINT SEGMENT

[33:45] Check your liquidity

Previous Episode

My Retirement Planner Said No to a Report Request. What Should I Do?

What would you do if your retirement planner said no when you asked them for a report? I’ll address this question and many more on this episode of the Retirement Answer Man Show.

We’ll also discuss the two things you need to find happiness. Are you curious as to what they are? Listen in to find out. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN LISTENER QUESTIONS

[2:13] Adding to my partial answer to a question in episode 512
[5:33] What to do when my advisor told me no to a report
[11:05] On switching plans in Medicare’s open enrollment
[14:41] What training someone should pursue to improve their financial education
[18:10] The issues that come with trying to die with zero
[21:03] Rules when you return to work
[23:22] On securing long-term care insurance
[25:51] Are the rules different for 457B accounts?

BRING IT ON

[29:57] Building protocols to improve your agency

TODAY’S SMART SPRINT SEGMENT

[34:00] Write 5 things you are grateful for and 5 things you can do to build agency

Resources Mentioned In This Episode
Huberman Lab Podcast
LTCI Partners
Episode #281 - Is An Annuity Right For Retirement? The Role An Annuity Can Play In Your Portfolio
BOOK - Die with Zero by Bill Perkins
Episode #345 - How Does Medicare Work? Making Your Medicare Decision with Danielle Roberts
Boomer Benefits
Episode 512 - How Should I Pay Taxes On My Roth Conversions?
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement by Roger Whitney
Roger’s Retirement Learning Center

Next Episode

Important Retirement Numbers for 2024

The way does not exist–there is no one correct way to do things. We are all finding our own ways in life and retirement. Working with an agile structure will help give you the scaffolding to create a retirement plan in an organized way.

On this episode, you’ll hear how drafting your agile retirement plan can help you discover your unique way to rock retirement.

Continue listening to discover the books I read in November, the answers to several listener questions, and the way to create an exercise plan to boost your energy. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN BOOKS I READ IN NOVEMBER