Understanding Medicare and its various parts, including original Medicare, Medicare Advantage, and Medicare supplements, is crucial for a smooth transition into retirement. Certified financial planner Hans Scheil explains the complexities of Medicare and its impact on healthcare costs, emphasizing the importance of seeking professional advice to navigate the system effectively. [... more]

God's original Social Security system, the kinsman redeemer, is a biblical concept that has been implemented in modern times through the Social Security system. Understanding how to maximize Social Security benefits, including spouse and widow benefits, is crucial for a secure retirement. Certified Financial Planner Hans Scheil and his team at CardinalGuide.com provide expert advice on navigating the complexities of Social Security and creating a personalized retirement plan. [... more]

The NFL offseason is underway, and several teams are making moves to improve their rosters. Najee Harris, the newest running back for the Los Angeles Chargers, recently suffered a superficial eye injury from a fireworks mishap. Meanwhile, in the world of tennis, Novak Djokovic and Carlos Alcaraz are set to face off in the Wimbledon final. The Buffalo Bills and Kansas City Chiefs are expected to be top contenders in the AFC, while the Baltimore Ravens and Detroit Lions are also making moves to improve their chances. In the NFC, the Washington Commanders and New York Giants are looking to make a push for the playoffs. [... more]

The 1964 World Series was a clash of opposites, featuring an integrated team versus the all-white Yankees. The Cardinals' Bob Gibson and Tim McCarver, who became best friends, played a crucial role in the team's success, demonstrating that social transformations can come from unexpected places. [... more]

Certified Financial Planner Hans Scheil discusses the importance of planning for taxes in retirement, including Roth conversions and Medicare tax implications, to minimize tax liabilities and maximize wealth transfer to heirs. [... more]

A certified financial planner explains how inheriting property can result in a 'step up in basis,' reducing capital gains tax, and how this can be strategically used in estate planning to save taxes and benefit heirs. [... more]

Rich Eisen discusses the NFL season, focusing on the New Orleans Saints and their quarterback Tyler Shuck, as well as the Chicago Bears and their quarterback Caleb Williams. He also shares his top five sleeper teams for the 2025 season, including the Saints, Patriots, Panthers, Raiders, and 49ers. [... more]

A couple in their 60s can purchase a monthly income guaranteed for life, starting at $2,000 a month, for a total of $331,000. This is achieved by combining two annuities, one paying $2,000 a month for five years, and the other paying $2,000 a month for life. The couple can also collect a cash flow of 7.2% of the total investment, making it a great opportunity to provide a guaranteed income for life. [... more]

The Rich Eisen Show discusses various NFL topics, including the Pittsburgh Steelers' chances with Aaron Rodgers, the Cincinnati Bengals' contract issues, and the Los Angeles Lakers' sale. The show also touches on basketball, including Caitlin Clark's impressive performance and the Lakers' potential acquisition of Luka Doncic. [... more]

A former college football player shares his story of spiritual growth and how he put his faith in God first, leading to a breakthrough on the field and a deeper understanding of his priorities in life. [... more]

When nearing retirement, individuals often face challenges in managing their IRA or 401k funds. Certified financial planner Hans Scheil discusses the advantages of using a Roth IRA versus cash value life insurance to freeze taxes on retirement funds and provide tax-free inheritance for beneficiaries. He explains how these financial tools can be used to diversify investments, provide long-term care benefits, and offer flexibility in accessing funds during retirement. [... more]

Comprehensive financial planning includes long-term care insurance, which is a crucial aspect of retirement planning. Without proper planning, families can face serious consequences, including financial strain, caregiver burnout, and irreversible damage to relationships. Long-term care insurance can provide peace of mind and support for individuals and their loved ones, ensuring that they receive the care they need without compromising their financial security. [... more]

Dan Morgan, the GM and president of football operations at the Carolina Panthers, discusses his career path, the team's direction, and expectations for the 2025 season. Meanwhile, Rich Eisen talks to Taylor Lewan about his disastrous first pitch at a baseball game and his plans to redeem himself. [... more]

Gerald McCoy, a former NFL player and current analyst, discusses the Dallas Cowboys' formula for success, which he believes is based on having a dominant offensive line. He argues that the team's owner, Jerry Jones, is sticking to a formula that worked in the past, but the game has evolved and the team needs to adapt to beat the current top teams in the league. McCoy also talks about the Green Bay Packers and their chances in the upcoming season, and discusses the importance of having a strong pass rush and a solid defense. [... more]

Managing Medicare Supplement plans can save you money, especially if you've had the same plan for three or four years. Certified financial planner Hans Scheil explains how to shop for the best rates and coverage, including the differences between Plan G, Plan N, and the high deductible Plan G. He also discusses the importance of reviewing your plan every three to four years to ensure you're not overpaying for your coverage. [... more]

A certified financial planner discusses the fiduciary duty of a CFP professional, exploring the concept of putting clients' interests ahead of their own, avoiding conflicts of interest, and disclosing potential conflicts. The discussion also touches on the importance of being a fiduciary in a Christian perspective, using biblical knowledge and practical knowledge to assist families in financial planning. [... more]

Understanding the different types of retirement savings accounts, including taxable, tax-deferred, and tax-free options, can help individuals optimize their financial planning and minimize taxes in retirement. Certified financial planner Hans Scheil explains how to use a combination of these accounts to create a tax-free retirement income stream. [... more]

Estate planning involves defining what you have, who you want it to go to, and under what terms and conditions. It's a process of creating a plan to manage your assets, minimize taxes, and ensure that your wishes are carried out after you pass away. Certified financial planners like Hans Scheil help families navigate this process, using tools such as annuities, life insurance, and trusts to achieve their goals. [... more]

The selection of a new Pope and its significance, the impact of a trade deal between the US and the UK, and the ongoing debate in American politics between socialism and conservatism, with a focus on the establishment and its influence on the Democratic Party. [... more]

Creating a tax-free income for retirement involves understanding various financial asset classes, including cash, IRAs, 401Ks, Roth IRAs, life insurance, real estate, and annuities. A financial planner's goal is to create a sustainable income stream that lasts a lifetime, while minimizing taxes and ensuring that assets are not depleted prematurely. [... more]

Your IRA can be considered an IOU to the IRS, and understanding the top IRA rulings of 2024 is crucial for beneficiaries. The SECURE Act and RMD rules can impact tax obligations, and an annuity can provide a solution to spread out distributions over 10 years. Eligible designated beneficiaries, including minors, disabled individuals, and chronically ill individuals, may be able to stretch out distributions over their lifetime. [... more]

The NFL draft is approaching, with teams weighing their options for the top pick. The Tennessee Titans are considering Travis Hunter, a two-way player, while also looking at Jadet Barron, a defensive player. Meanwhile, the quarterback position is also a topic of discussion, with Cam Ward and other prospects vying for top spots. [... more]

Long-term care insurance with inflation-cost is a critical part of your financial plan, especially when it comes to protecting your family. Without a plan, you may end up with a bag of holes, leaving your family to figure out how to handle the consequences of a long-term care event. [... more]

Understanding Medicare and making informed decisions about insurance and financial planning is crucial for a successful retirement. Hans Scheil, a certified financial planner, explains the four steps to Medicare and insurance at 65, including becoming educated on Medicare, understanding the pluses and minuses of original Medicare and Medicare Advantage, and comparing costs and benefits. [... more]

Understanding your Social Security statement is crucial for retirement planning. Certified financial planner Hans Scheil explains the importance of considering your full retirement age, spousal benefits, and tax implications when deciding when to start receiving Social Security checks. [... more]

Managing Social Security, Medicare, long-term care, and estate planning can be overwhelming, but understanding the tax implications of each can help individuals plan effectively for their retirement. By leveraging tax-free income sources, such as Roth IRAs, and making informed decisions about income and investments, individuals can minimize their tax burden and ensure a smooth transition into retirement. [... more]

Having the right documents in place can make a significant difference in the lives of loved ones when unexpected situations arise. Certified financial planner Hans Scheil discusses the importance of estate planning documents, including the last will and testament, financial power of attorney, healthcare power of attorney, and HIPAA release form. He shares real-life case studies and emphasizes the need for these documents to ensure a smoother transition and avoid potential complications. [... more]

When it comes to retirement satisfaction, having a guaranteed income stream can make all the difference. Studies show that people with protected lifetime income tend to spend more and be happier in retirement. This is because they have a predictable check coming in every month, giving them the freedom to enjoy their golden years without worrying about running out of money. [... more]

IRAs and 401ks have numerous rules and restrictions, limiting their freedom and flexibility. Unlike regular money, IRAs and 401ks are subject to required minimum distributions, tax penalties, and double taxation at death. Understanding these differences is crucial for effective financial planning and estate management. [... more]

Managing long-term care costs is a crucial aspect of retirement planning, and financial advisors like Hans Scheil emphasize the importance of having a plan in place. He shares stories of individuals who have faced the challenges of long-term care, including a client who bought long-term care insurance and was able to access it when needed. Hans also discusses common excuses people give for not planning for long-term care, such as thinking they can self-insure or that their children will take care of them. He stresses the need to have a plan in place to protect one's family and finances from the burden of long-term care. [... more]

Paying extra for Medicare can be a surprise for high-income retirees, but understanding the IRMA tax and its brackets can help with financial planning and making informed decisions about healthcare costs. [... more]

Certified financial planner Hans Scheil discusses the Social Security Fairness Act, its implications, and how it affects retirees. He explains how the act was passed to make things right for certain groups of people who were previously denied Social Security benefits due to ancient laws. Hans also shares examples of how the act will impact individuals and couples, and how it may lead to a further depletion of the Social Security trust fund. [... more]

The Rich Eisen Show discusses the upcoming NBA All-Star Weekend, the Dallas Cowboys' potential moves in free agency, and the NFL's current state. The hosts also talk about their fantasy football league and the latest news in the sports world, including the Hyundai's new safety features and TurboTax's expert filing services. [... more]

Managing investment income and avoiding the 3.8% surtax requires careful tax planning, especially in retirement. Understanding tax rates and the sunset provision can help individuals make informed decisions about their financial future. [... more]

Estate planning at 65 using life insurance can provide tax-free death benefits, long-term care insurance, and a bank of money with liquidity that can be borrowed at 0% interest. This strategy can also provide a tax-free income through loans and serve as a secret way to leave money to beneficiaries without involving other estates. [... more]

Creating a sustainable retirement income stream through annuities and financial planning, while also addressing long-term care and tax implications, can provide peace of mind and ensure a comfortable lifestyle in old age. [... more]

When a spouse dies, the surviving spouse inherits their IRA, but making the right decisions about tax implications and retirement income can be complex. Understanding the rules and options for inherited IRAs, such as delaying minimum distributions and treating the IRA as one's own, can help ensure a secure financial future. Financial planners like Hans Scheil can help navigate these decisions and create a plan tailored to individual circumstances. [... more]

Managing long-term care insurance with IRA money is a crucial aspect of retirement planning. A hybrid life-long-term care policy can provide a substantial benefit for home health care or nursing home care, covering a lifetime of long-term care needs. This policy can be purchased with IRA money, spreading out the taxation over 10 years and providing a death benefit of $176,000, paid tax-free to beneficiaries. [... more]

The 1964 World Series saw a clash of opposites between the integrated St. Louis Cardinals and the all-white New York Yankees. The story of Bob Gibson and Tim McCarver, two teammates who became lifelong friends and helped break down racial barriers in baseball, exemplifies the power of integration and social transformation in America. [... more]

When signing up for Medicare, it's essential to make informed decisions about when to enroll, how to enroll, and what type of coverage to choose. Understanding the different parts of Medicare, such as Parts A and B, and the various types of supplemental insurance available can help individuals make the right choices for their needs and avoid lifetime penalties. A certified financial planner can provide guidance on navigating the complexities of Medicare and help individuals create a plan that will serve them well throughout their retirement. [... more]

A Florida man's fireworks accident serves as a cautionary tale, while New York City struggles with subway violence and illegal immigration. Meanwhile, homelessness and inflation continue to rise, and fuel prices remain a concern. [... more]

The recent terrorist attacks in New Orleans and Las Vegas, where a cybertruck was used to cause damage, have raised concerns about border security and the potential for more attacks. The FBI has confirmed that the suspect behind the Las Vegas attack was an active-duty Green Beret, and the investigation is ongoing. Meanwhile, the debate over H1B visas and immigration continues, with some arguing that the US is not producing enough high-tech graduates to fill the demand for these jobs, while others claim that the program is being used to import cheap labor. The Biden administration's handling of the border and immigration policies has also come under scrutiny, with some arguing that the unsecured border is a major security risk. [... more]

The Kansas City Chiefs are rounding into shape, with a strong performance from Patrick Mahomes, and are now one win away from their seventh straight AFC title game. Meanwhile, the Bengals' playoff hopes are still alive, and their win over the Broncos has set up an interesting scenario for the final week of the season. [... more]

Social Security income tax can be complex, but it's often misunderstood. Certified financial planner Hans Scheil explains how it works, including the standard deduction and provisional income, and how it affects taxes on Social Security. He also discusses the potential impact of eliminating taxes on Social Security and the importance of understanding how it affects one's overall retirement finances. [... more]

A certified financial planner explains how the 2025 tax brackets and rates work, and how they can affect retirement planning and tax planning. He discusses how to calculate effective tax rates and how to use Roth conversions to turn taxable money into tax-free money. He also touches on capital gains taxes and how they can be affected by tax rate changes. [... more]

Federal estate tax and its impact on wealth management are discussed, with a focus on the 2026 tax increase and sunset. Certified financial planner Hans Scheil explains how life insurance can be used to minimize estate taxes and provide liquidity for heirs. The importance of estate planning and the use of irrevocable life insurance trusts are also highlighted. [... more]

Hans and Robby are back again this week with a brand new episode This week they discuss hybrid life long term care insurance From IRA money Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

The NFL coaching search is heating up, with several teams vying for top talent. Dan Campbell's unorthodox approach is paying off for the Detroit Lions, who are on a hot streak. Meanwhile, the Green Bay Packers are struggling to find their footing, and the Dallas Cowboys are looking to make a playoff run with quarterback Cooper Rush leading the charge. [... more]

Delaying Social Security to 70 can significantly increase monthly benefits, providing a substantial increase in income for retirement. By using annuities and Roth conversions, individuals can create a customized plan to meet their financial goals and enjoy their retirement. This approach can also help minimize taxes and ensure a secure financial future. [... more]

Certified financial planner Hans Scheil explains how Roth IRA conversions can save individuals and their heirs millions of dollars in taxes by converting pre-tax money to post-tax money while tax rates are low, allowing for tax-free growth and inheritance. [... more]

Mark Harmon discusses his new book Ghosts of Panama, which delves into the real stories of the agency where he worked on the TV show NCIS. He also shares stories about his time at the University of California, Los Angeles, and his encounters with legendary figures like John Wooden. [... more]

The Bears' loss to the Packers was a tough one, with Caleb Williams' performance being a highlight. The Lions are on a roll, and the Packers are looking strong. The Bills' win over the Chiefs was impressive, but Josh Allen's team may struggle in the playoffs. The Bengals are fun to watch, but may not make the playoffs. The Washington Commanders are struggling, and the NFC West is a competitive division. [... more]

A couple, Tom and Chelsea, work with a financial planner to create a retirement income plan that ensures they have enough money to last through their 80s and 90s, considering factors such as Social Security, annuities, long-term care, and inflation. [... more]

Rich Eisen and Chris Brockman discuss various NFL teams and their chances of making the playoffs, with overreactions and opinions on their performances, including the Steelers, Cardinals, Rodgers, Jets, Cowboys, Belichick, Young, Panthers, Goff, Lions, and more. [... more]

The Miami Dolphins lead the Los Angeles Rams 10 to 6 at halftime in Monday Night Football, while the New York Jets and Giants continue their dismal seasons. In the NBA, several stars are dealing with injuries, including Kevin Durant and Zion Williamson. Meanwhile, we take a look back at sports history, remembering Fernando Valenzuela's Cy Young win and Tony Gonzalez's 100th touchdown reception as a tight end. [... more]

The National Football League is experiencing a resurgence in quarterback performance, with several teams showcasing promising young talent. Caleb Williams, a highly touted quarterback, is struggling to live up to expectations, while Lamar Jackson continues to dominate on the field. Meanwhile, teams like the Chiefs, Steelers, and Lions are finding ways to win despite questionable coaching decisions. [... more]

Long-term care is a crucial aspect of financial planning, especially for retirement. Certified financial planner Hans Scheil discusses various insurance options, including indemnity policies, reimbursement policies, and annuity policies, to help individuals prepare for long-term care costs. He emphasizes the importance of understanding the benefits and costs of each policy, as well as the impact of inflation on long-term care expenses. [... more]

The Rich Eisen Show discusses the NFL trade deadline, college football playoff rankings, and the latest news from the sports world. Brian Weber fills in for Rich Eisen and shares his thoughts on the Jets, Cardinals, Lions, and other teams. He also discusses the potential for Aaron Rodgers to return to the Jets and the implications of the trade deadline on the NFL season. [... more]

Jack Flaherty, a World Series champion pitcher, joins the Rich Eisen Show to discuss his experience playing for the Los Angeles Dodgers, including the parade and his time on the mound. The conversation also touches on the NFL trade deadline and the Washington Commanders' recent moves. [... more]

The Dallas Cowboys' struggles continue as they face a tough season, while the Arizona Cardinals and Los Angeles Chargers show promise. The San Francisco 49ers, led by Christian McCaffrey, are also making a strong comeback. Meanwhile, the Minnesota Vikings' defense shines in a win over the Colts. [... more]