Tag: Income Planning
The Retirement Tax Mistake Most People Never See Coming (Ep. 33)

The Retirement Tax Mistake Most People Never See Coming (Ep. 33)

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Most people watch their account balances closely, but very few know the number that matters most in retirement: how much they will actually owe in taxes. That number can change everything about what you can spend, how long your money lasts, and the choices you get to make in the years ahead.

In this episode, Ryan Thacker and Tyson Thacker walk through the real tax challenges facing retirees and why so many families are caught off guard. They explain why taxes often rise in retirement, how different income streams are taxed, and why understanding your tax buckets can help you avoid unnecessary surprises.

Ryan and Tyson discuss:

  • The three tax buckets and how each one affects your retirement income
  • Why most retirees underestimate their future tax bill
  • How RMDs, Social Security, pensions, and investment income interact
  • The power of tax bracket management and Roth strategies
  • The long-term impact of delaying tax planning
  • How forward-looking tax analysis can help families keep more of what they saved
  • And more

Resources:

Get your FREE B.O.S.S. Retirement Blueprint:

3 Ways to Respond:

  • Text BLUEPRINT to (435) 500-0665
  • Call: (800) 769-7550
  • or Click Here

Connect with Tyson Thacker: 

Connect with Ryan Thacker: 

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How to Maximize Your Social Security and Keep More in Retirement

How to Maximize Your Social Security and Keep More in Retirement

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Most retirees unknowingly leave thousands of dollars on the table just by filing for Social Security the wrong way.

In this episode, Ryan and Tyson Thacker reveal how the right claiming strategy can mean hundreds of thousands more in retirement income. They break down the key mistakes people make, how taxes and Medicare tie into your benefits, and how a simple plan can help you keep more of what’s yours.

They also uncover real examples showing how timing, coordination, and smart planning can turn your Social Security into a powerful foundation for your retirement income.

Key takeaways:

  • How Social Security became the foundation of your retirement plan and why so many misunderstand how it works
  • The real cost of claiming benefits too early and how waiting could increase your lifetime income by 8% per year
  • How ignoring taxes and Medicare premiums can quietly drain thousands from your benefits
  • A real-life case study of a couple who gained over $207,000 by filing strategically
  • Why integrating Social Security with your IRA, 401(k), and overall retirement income plan can double your wealth’s long-term impact
  • And more!

Resources:

Get your FREE B.O.S.S. Retirement Blueprint:

3 Ways to Respond:

  • Text BLUEPRINT to (435) 500-0665
  • Call: (800) 769-7550
  • or Click Here

Connect with Tyson Thacker: 

Connect with Ryan Thacker: 

We Want to Hear From You!

What’s your biggest retirement concern? Email us or leave a voicemail, and we might feature your question in an upcoming episode of Retirement Solutions The Podcast!

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Turning High Interest Rates Into a Retirement Advantage with Dave Whitworth

Turning High Interest Rates Into a Retirement Advantage with Dave Whitworth

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Rising interest rates feel like bad news, but what if rising interest rates could actually work in your favor during retirement?

In this episode, Ryan Thacker and Tyson Thacker sit down with long-time advisor and friend, Dave Whitworth, to unpack strategies for thriving in today’s high-interest-rate environment. From increasing guaranteed income to leveraging overlooked financial tools, they reveal how to create confidence and stability in your retirement plan.

Dave discusses:

  • How to turn high interest rates into higher lifetime income
  • Why Social Security is the foundation of every retirement income plan
  • The role annuities can play as a “private pension”
  • When a reverse mortgage could be a smart addition to your income strategy
  • How the B.O.S.S. Retirement Blueprint creates a customized, holistic plan
  • And more

Resources:

Get your FREE B.O.S.S. Retirement Blueprint:

3 Ways to Respond:

  • Text BLUEPRINT to (435) 500-0665
  • Call: (800) 769-7550
  • or Click Here

Connect with Tyson Thacker: 

Connect with Ryan Thacker: 

Connect with Dave Whitworth:

About Dave Whitworth:

Dave Whitworth is an Investment Advisor Representative with B.O.S.S. Retirement Solutions and Advisors, where he forms relationships with clients as he helps identify areas where his services may be able to enhance retirement income planning. He enjoys the relationships that are created as trust is built, and he strives to provide exceptional customer service and ensure every financial goal is considered.

Dave has degrees in business management and zoology from Brigham Young University. He is an Investment Advisor Representative and a licensed insurance agent.

Dave is an outdoor and recreation enthusiast, originally from Wisconsin. He enjoys playing basketball, golf, volleyball, and cycling. With his wife, he stays busy supporting the activities and needs of their five children, and he enjoys attending their sporting and dance events.

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