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.
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
Many people believe that saving a million dollars is the golden ticket to a perfect retirement.
However, without a comprehensive plan, that million can quickly diminish. Let’s break down why.
Join Tyson Thacker and Ryan Thacker as they continue their breakdown of the B.O.S.S. Retirement Scorecard. Follow along to learn how to assess essential retirement aspects such as debt, cash reserves, different income streams, and social security, in order to help you prepare and craft a strong retirement plan.
Tyson and Ryan discuss:
The personal experience with their family cabin and how it inspired the B.O.S.S. Retirement Scorecard
How to rate your retirement readiness based on debt, cash, income, and social security
The importance of having a well-rounded plan covering investments, healthcare, and legacy planning
Tips for identifying areas for improvement and taking actionable steps to strengthen your retirement plan
The years leading up to retirement are filled with excitement and angst.
But for many, that can change once you actually step into retirement.
Join Tyson Thacker and Ryan Thacker as they dive into the often overlooked mental hurdles people face when transitioning into retirement. Drawing from personal family experiences and their extensive professional background, they discuss the importance of not just focusing on what you want to do to lead a fulfilling retirement but also what you want to be cautious of. Follow along to learn actionable strategies and hear about their unique B.O.S.S. Retirement Scorecard, a tool designed to help you map out your retirement vision and achieve peace of mind.
Ryan and Tyson discuss:
Common fears in retirement and how to address them
The B.O.S.S. Retirement Scorecard and its role in creating a personalized retirement plan
Real life stories about planning for retirement and overcoming challenges
The importance of having multiple streams of income for financial security in retirement
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
Welcome to Retirement Solutions – The Podcast, with Tyson Thacker and Ryan Thacker, where precision meets purpose. This B.O.S.S. podcast is committed to “Building the Optimal System of Security.” Learn how you could craft the ideal retirement blueprint that surpasses mere wealth accumulation. Explore the nuances of retirement planning with expert insights, as Tyson and Ryan navigate the ever-evolving landscape of investments, insurance solutions, and financial planning for retirees and pre-retirees.
Co-founders, Tyson and Ryan Thacker bring years of experience and knowledge to the table. They are passionate about helping clients achieve their financial goals during retirement. Follow along as they explore strategies and tools that could help you secure your financial future in retirement.
