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Every year, Medicare’s open enrollment period is from October 15 to December 7. Choosing the right Medicare plan can be overwhelming, but understanding the basics can help you make an informed decision. Pure’s Financial Planner, Matt Gray, CFP®, discusses the important Medicare parts to consider. FREE GUIDE | Medicare Check-up Guide Transcript Today we’ll cover Medicare […]
For nearly 19 years, Medicare expert and co-founder of Boomer Benefits, Danielle K. Roberts, has been helping people make the most of their Medicare benefits. In this webinar for Pure Financial Advisors, Danielle explains: The basics of Medicare, Part A, Part B, Part C, and Part D Medicare and Social Security How to sign up […]
Medicare can seem complex with its four parts and various coverage options. Pure’s Financial Planner, Daniel Goldstein, CFP®, AIF®, simplifies it for you to help you find plans that suit your needs and budget. FREE GUIDE | Medicare Check-up Guide Transcript Medicare has four parts: Part A; hospital insurance, Part B; medical insurance, Part C; […]
Medicare is a complex program that has many parts and options to choose from. Pure’s Financial Planner, Rachel Füss, CFP®, AIF® walks you through common Medicare mistakes that you should avoid. Take the time to learn, and you’ll safeguard your retirement health coverage without overspending FREE GUIDE | Medicare Check-up Guide Transcript Medicare is a […]
Updated for 2023: Every day about 10,000 Americans retire. Unfortunately, far too many retirees don’t realize that their retirement plan is on life support right from the start because they’ve estimated their financial needs with numbers that are far from the reality they’ll face once they’ve clocked out for the last time. When it comes […]
What’s the best strategy for E-Dog’s restricted stock units with his employer, how are RSUs taxed, and how do Roth conversions fit into the mix? Should Jay in Raleigh liquidate his annuities or follow “Stan the Annuity Man’s” advice and take the annual payments? Elisa wants to know how a mutual fund portfolio would work in retirement, and what’s a good way for listener Joe to invest in bonds in a taxable account to bring his portfolio back into proper balance? Finally, the fellas spitball on Medicare savings vs. Roth conversions for David, and an unrealized gain strategy on an UTMA education savings account for Jay in California.
If you have some savings but can’t contribute any more, will you ever be able to retire? Joe and Big Al have three simple strategies to help you get there. Plus, how long does it take to get off of Medicare’s monthly income adjustment amount (IRMAA) after your income decreases at retirement, and how do you take unknown future IRMAA income limits into account when setting up your financial plan? Can you “re-do” Social Security and stop taking benefits after claiming Social Security early? Do spousal benefits change after one spouse files for Social Security? And finally, the fellas address a few corrections they’ve received recently regarding Medicare and safe harbor 401(k) plans. What exactly is “top-heavy” anyway?
Joe and Big Al spitball on set-and-forget brokerage investments for 30-something investors, real estate as a substitute for bonds in a diversified portfolio, and options for taking a state pension with or without sick time pay. The fellas also discuss how to bridge the gap until collecting Social Security, strategies for claiming spousal Social Security benefits, and whether you need to sign up for Medicare if you’d rather keep the healthcare you already have.
Joe and Big Al attempt to clearly and succinctly explain modified adjusted income for Medicare and IRMAA, and the pro-rata and aggregation rules for Roth conversions. Will a combat zone TSP transfer be subject to those rules? Plus, joint tenants with rights of survivorship vs. transfer on death for a brokerage account, reducing taxes on the sale of a timeshare, how much to spend on home improvements, and using a reverse mortgage instead of long-term care insurance. And wait ’til you hear the fellas’ thoughts on the best way to pay the least amount of tax when you cash out your retirement savings to buy gold and silver.
Growing your wealth and crafting the lifestyle you want in retirement begins with some basic assumptions. Are you basing your entire financial plan on facts or fiction? Many people don’t even know where to start, much less what is true or false. In many cases, the misconceptions are largely considered facts! In this episode, Joe […]
Are health care costs threatening to put your financial plan for retirement on life support? If you overlook this important aspect of retirement planning, it could throw off your entire financial bottom line. Every day about 10,000 Americans turn age 65, at which point they qualify for Medicare. But for many retirees, Medicare enrollment is […]
Understanding Medicare is an important part of any retirement plan. In this webinar, Jeffrey Riego and Diane Gaswirth of UnitedHealthcare answer 10 common Medicare questions: What is Medicare? Who can get Medicare? Do I need Medicare if I plan to work past 65? What does Medicare cover? Where can I get more coverage? What does […]
A lot of people find themselves confused about the difference between Medicare and Medicaid. Pure Financial’s Chief Financial Planning Officer, Susan Brandeis, CFP®, goes over what the differences are, who is eligible, and what you get with each – making it a little easier to understand so you can decide which coverage is right for […]
Navigating Medicare if you are not familiar with it, can be a little tricky. Pure Senior Financial Planner, Robert Canavan, CFP®, AIF®, covers 5 challenges that he sees clients deal with as they sign up for Medicare – hopefully pointing these out will make your experience a little smoother. FREE GUIDE | Medicare Checkup Guide […]
There are three parts to Medicare that you are required to enroll in, and a fourth that is optional but most people enroll in. Pure Senior Financial Planner, Nathaniel Ritchison, CFP®, AIF® will give a brief overview of the costs and benefits of the different Medicare plans. FREE GUIDE | Medicare Checkup Guide Transcript Medicare […]
