Are you preparing for retirement but feeling confident that you have covered all the expenses Well think again It turns out that many retirees overlook some crucial expenses that can leave them financially vulnerable In this episode we explore the retirement expenses that most people tend to forget including skyrocketing medical bills unexpected travel costs taxes and much more We'll discuss practical tips and strategies to help you plan for these expenses and ensure a secure and comfortable retirement Here's some of what you'll learn on this episode Are you prepared for everything Medicare doesn't cover in retirement Many families [... more]

Do you ever feel like your retirement planning goals are always moving You're not alone We've found that people often move the goalposts in their own retirement planning often to their detriment In this episode we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts Keep in mind that we're talking about the rules you make for yourself rather and not the changes you make to your financial plan We want to have a financial plan that's flexible enough to change as your life does so that's a bit different than this conversation today [... more]

The SECURE Act was pushed through Congress late last year and even though you won't see too many exciting headlines about the legislation there are actually some great planning opportunities inside We spent a little time talking about the RMD age change that will impact people in or near retirement in our last episode Now we want to highlight a few more positive changes that you need to know about including catch-up contribution increases a to Roth option and a benefit for people for some people still paying off student loans Here's some of what you'll learn in this episode [... more]

Even if she wasn't directly talking about money Grandma said a lot of smart things that we can apply to financial planning We might not have known it then but looking back on wisdom that was imparted to us can teach us lessons years later On this episode let's take some classic Grandma sayings and see how they relate to our financial lives Here's some of what you'll learn on this episode How 'when it rains it pours' applies to the way the market behaves 'You never know' is used quite a bit in financial planning 'A bad apple spoils [... more]

Larry Falivena is a client of Rosewood Wealth Management who has been battling ALS for the last several years He joins John Stillman in studio to discuss the disease the emotional and financial effects on his family and the nationwide tour of all Major League ballparks that he went on last year in an effort to raise funds and awareness [... more]

Remember your senior yearbook that included superlatives like 'Most Popular' and 'Class Clown' Well we're taking that idea and applying it to the financial world by picking out the investment options that are 'Most Overrated' 'Most Underrated' 'Most Popular' and 'Most Likely to Disappoint ' Check out the show notes by clicking here Today's rundown Class Superlatives at the School of Financial Strategies Most Underrated Roth IRA Most Overrated Expensive Cars Most Likely to Disappoint Whole Life Insurance Policies Most Popular k b TSP Thrift Savings Plan Possible Winner Overthrow Could the Roth take over as Most Popular Teachers Pet [... more]

Most people have a basic knowledge of Required Minimum Distributions RMDs but few understand how they pertain to IRAs and ks as well as the intricate timing details that are essential to preparing to withdrawal for tax payments For a better understanding of the best times to withdrawal as well as avoiding penalties join John and Ron as they discuss a letter Ron recently received shortly after a big birthday Check out the show notes here https mrstillmansopus com retirement getting-your-rmd-ducks-in-a-row - RMDs for k s RMDs for IRAs Here's an example When do you have to make a withdrawal [... more]

If you think about it planning for retirement is a bit like going to the grocery store You need to know what you need you need to know what you're paying and at times you need to purchase the more expensive product These are just a few of the similarities Join us as we unpack this analogy and help you shop for a meaningful retirement Click the link for more in-depth reading in a recent blog post https mrstillmansopus com investing-strategy the-retirement-grocery-store [... more]

On this edition of the podcast we'll share with you three tax tips Specifically we'll help you avoid making three crucial tax mistakes Click the link for more in-depth reading in a recent blog post https mrstillmansopus com retirement three-tax-tips [... more]

We've all said and done things we've later come to regret Don't let these financial phrases be your famous last words Click the link for more in-depth reading in a recent blog post https mrstillmansopus com investing-behavior famous-last-words [... more]

Kristin Staley joins us to share tips for making travel more efficient and pleasant Take note of these seven tips the next time you travel and you'll make the whole experience better Click the link for more in-depth reading in a recent blog post https mrstillmansopus com travel seven-tips-traveling [... more]

John explains why the risk tolerance discussion about your investments is often a flawed conversation from the very beginning [... more]

Sometimes the idea of constructing a complete retirement plan can be overwhelming to people John Stillman discusses a few easy places to start that can be quick and painless but they pay big dividends down the road [... more]

John Stillman discusses the importance of knowing the purpose of each of your invested dollars and keeping that purpose in mind when you're evaluating your accounts [... more]

Bruce Gray founder of GP Financial Services joins John Stillman to talk about some common misunderstandings that people have about Medicare Click the link for more in-depth reading in a recent blog post https mrstillmansopus com long-term-care medicare-misunderstandings [... more]

Chris Scalese financial advisor and author of Retirement is a Marathon Not a Sprint joins John Stillman to talk about the similarities between preparing for a marathon and planning your retirement [... more]

John is joined by his wife Molly to talk about ways that grandparents can help contribute to the raising of financially astute grandchildren [... more]

John Stillman is joined by Mark Silverman who explains his disdain for mutual funds [... more]

What should you expect to happen with the stock market during election season [... more]