Ever wonder how much more money you’d have if you could rewind your top financial mistakes? Where there’s smoke, there’s often fire – crucial lessons in managing risk.
In this episode, Ryan Thacker and Tyson Thacker tackle the often-overlooked topic of managing risk in retirement planning. With an election upon us and fluctuating markets creating uncertainty, understanding and managing risk is more critical than ever.
Ryan and Tyson discuss:
(01:35) Why recognizing financial “cracks in the foundation” could be crucial to your retirement strategy
(02:53) Lessons learned from real-life investment missteps emphasizing diversification and risk evaluation
(06:39) The danger of high-risk ventures and essential precautions
(20:00) Benefits of cash value life insurance for tax and security
And more
Tune in to avoid common investment mistakes and learn how to construct a stable, secure retirement plan that aligns with your goals.
Are you making the most of your wealth opportunities, or are common financial myths holding you back?
In this episode, Tyson and Ryan Thacker chat with Tom Hegna, a renowned economist and bestselling author, to explore why the way we think about wealth might be all wrong. Together, they unravel surprising truths about building financial security and break down the top mistakes many young adults make with their money. Tom shares insights from his latest book and reveals simple strategies you can begin using today. This is a must-listen for anyone interested in securing a financially free future!
Tom discusses:
(04:02) Why understanding the Rule of 72 can be your golden ticket to wealth
(06:22) The common financial traps young adults fall into and how to avoid them
(13:12) Why focusing on income rather than just assets is crucial
(19:06) The importance of tax planning and avoiding a heavy tax burden in the future
Tom Hegna, CLU, ChFC, CASL, is an economist, author, and retirement expert. He has been an incredibly popular industry speaker for many years and is considered by many to be THE Retirement Income Expert!
As a former First Vice President at New York Life, retired Lieutenant Colonel, and economist, Tom has delivered over 5,000 seminars on his signature “Paychecks and Playchecks” retirement approach, helping Baby Boomers and seniors retire the “optimal” way. He has condensed a large chunk of his considerable knowledge into 5 books.
Tom specializes in creating simple and powerful retirement solutions. He has the unique ability to pump up a crowd, make people laugh and solve complex financial problems using easy-to-understand words, ideas and stories. He’s been featured in Business, Forbes, Money Rates, and many other leading publications. He is available to speak with businesses, government organizations, professional associations, financial professionals and their clients across the globe.
Are you ready to simplify the complexities of high-net-worth tax planning and maximize your retirement savings? Today, we unveil key strategies with our expert guest, Jeremy Green.
In this Retirement Solutions The Podcast episode, Tyson Thacker and Ryan Thacker are joined by Jeremy Green, a highly experienced advisor specializing in high net worth tax situations, estate, and business planning. Listen in as Jeremy shares his strategies for managing tax-efficient retirement income and maximizing the value of your financial assets, offering a behind-the-scenes look at how B.O.S.S. Retirement Solutions creates customized retirement plans. Discover actionable strategies for integrating your legal, financial, and tax planning matters and exploring unique opportunities available for those with highly appreciated assets.
Top discussion points include:
The benefits and implications of Roth conversions, life insurance, and other tax-free options for retirement planning
How to approach tax planning with highly appreciated stock and minimize capital gains taxes
The potential impact of upcoming tax changes and how to prepare for them with strategic planning
Examples of successful retirement strategies and the importance of early planning to maximize opportunities
Jeremy Green is a subject matter expert in high-net-worth tax, estate, and business planning with 22 years of experience. He collaborates with professional advisors, closely held business owners, and clients with significant assets to integrate and clarify their business, estate, philanthropic, tax, investment, and life insurance plans.
Over his career, Jeremy has eliminated millions of dollars in unnecessary present and future combined fees, estate, income, and capital gains taxes by restructuring how assets are owned before the sale of businesses or real estate. He has also adjusted business operating agreements to preserve otherwise lost stepped-up tax cost basis, modified the number and complexity of existing trust arrangements, optimized trust, and business-owned life insurance funding, and reduced excessive investment management expenses. Additionally, Jeremy serves as a paid expert witness, testifying on the proper design and execution of tax, wealth, and insurance planning techniques in FINRA three-judge panel arbitration and litigation in the U.S. Federal District Court.
Jeremy is admitted to practice before the IRS as an Enrolled Agent. He is also a Certified Financial Planner®, Certified Trust Financial Advisor, Certified Employee Benefit Specialist, Chartered Life Underwriter, and Accredited Estate Planner. He holds a degree from the Institute of Certified Bankers National Graduate Trust School, the American Institute of Bankers Personal Trust School, and the American College’s Master of Science in Financial Services program.
Did you know that nearly 70% of retirees’ net worth is tied up in their home equity? Yet many never consider leveraging it to secure a worry-free retirement.
This week on Retirement Solutions The Podcast, Tyson Thacker and Ryan Thacker are joined by Chad Peck, owner of Reverse Freedom Mortgage, who brings over 20 years of experience in the mortgage industry, specializing in reverse mortgages for the past 15 years. Chad talks through the realities and misconceptions surrounding reverse mortgages, from eligibility and the benefits they can offer, to the potential pitfalls and common fears people have. Listen in to gain an in-depth understanding of how reverse mortgages work and whether they might be a viable option for your retirement strategy!
Topics discussed:
The misconceptions and realities of reverse mortgages.
The process of securing a reverse mortgage and how it can impact your financial planning.
How reverse mortgages can be used to purchase a new home, allowing retirees to downsize or find a more suitable living situation.
Real-life examples of how a reverse mortgage can alleviate financial stress in retirement.
Chad Peck is the owner of Reverse Freedom Mortgage, has been in the mortgage business since 2003, and has been focused primarily on reverse mortgages for the past 15 years. Chad has a passion for working with clients 62 and older to provide them with a more comfortable and secure retirement.
Chad enjoys getting to know his clients. Whether you need 40 minutes or 4 hours, he will spend the time to make sure all your questions are answered.
He has worked with hundreds of clients over the years and provides educational seminars to help people understand the benefits of a reverse mortgage.
Curious about how timing your Social Security could maximize your benefits?
Join Tyson and Ryan Thacker from B.O.S.S. Retirement Solutions as they welcome their long-time friend and Investment Advisor Representative, Dave Whitworth, to break down the complexities of Social Security. Together, they cover crucial topics such as how to decide the best time to claim Social Security, how it integrates into your overall retirement plan, and how to avoid common pitfalls.
Tyson, Ryan and Dave discuss:
The timing issue of Social Security and how the B.O.S.S. Retirement Blueprint and help
Considerations for spousal and dependent benefits
Tax implications of Social Security benefits and how to manage them
Real-life examples of how personalized strategies can optimize Social Security
Did you know that the average retired couple could end up paying hundreds of thousands of dollars in taxes on their retirement savings?
Join Tyson Thacker and Ryan Thacker, as they introduce us to Bob and Carol—representative avatars of the thousands of families they’ve helped navigate retirement through their B.O.S.S. Retirement Blueprint. Gain insights into how personalized retirement planning can not only address but mitigate the significant tax burdens that could impact your golden years. Learn through the example of Bob and Carol’s the importance of tax planning, and how small adjustments today can save significant sums tomorrow!
Ryan and Tyson discuss:
The characters of The B.O.S.S. Retirement Blueprint, and share insights on their retirement challenges
How personal passions and family time shape retirement goals
The impact of taxes on retirement accounts and strategies to minimize them
The differences between tax preparation and tax planning
Want to improve your knowledge of retirement planning without feeling overwhelmed?
Welcome to episode two of Retirement Solutions The Podcast! Join Tyson and Ryan Thacker this week as they dive deeper into the intricacies of the Boss Retirement Blueprint, why they created it, and how their one-page solution aimed at simplifying retirement planning may work for you. Gain insights into common concerns and questions that individuals nearing retirement have and how their approachable and educational style could help you secure a fulfilling retirement.
Tyson and Ryan discuss:
Why they created the B.O.S.S. Retirement Blueprint
Simplifying your retirement planning with the B.O.S.S. Retirement Blueprint
The importance of having a comprehensive plan over product-focused solutions
Strategies to address common retirement concerns such as investment decisions and maximizing social security benefits
Preparing for healthcare costs, inflation, and tax implications in retirement
Welcome to Retirement Solutions – The Podcast, your new go-to source for all things retirement, hosted by Tyson Thacker and Ryan Thacker!
Listen as Tyson and Ryan kick-off, the Retirement Solutions podcast by sharing a little bit about who they are and their journey from making costly investment mistakes to becoming trusted advisors for thousands of families planning for retirement. Learn about their mission of simplifying retirement planning and providing actionable advice that could help you secure your ideal financial future.
Tyson and Ryan discuss:
Who they are and what the podcast is going to focus on going forward
The hard lessons learned from their earliest experiences with day trading and financial planning
The backstory behind the foundation of BOSS Retirement Solutions and the zero-fee planning service
Their investment philosophy, focusing on creating simple yet effective financial plans for retirement
The importance of reliable income streams in retirement planning
