Retire With Style

In this episode we sit down with Rebecca Meskin & Cara Reisman from Blackrock to discuss a paper we collaborated on; A reimagined approach to funding retirement income: Defining individual styles and solutions using the RISA® framework. During the conversation, we illustrate how the RISA framework can help individuals approaching retirement understand their retirement income style preferences, explore the way style preferences translate to certain retirement income strategies, and share the distribution of retirement income styles among the population surveyed in the RISA/BlackRock study. We also highlight the characteristics of solutions in a DC plan that were most attractive to the greatest number of respondents in the study. If you are contributing to a defined contribution plan or have a significant amount of your net worth in one, you’ll want to catch this episode. Listen now to learn more! PLEASE NOTE: This episode will not be posted on our YouTube channel. We apologize for any inconvenience! Links Registration is currently closed for the Consumer Retirement Income Challenge hosted by the team at Retirement Researcher! Join the waitlist to be notified about the next session by visiting: https://risaprofile.com/podcast This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

Tax planning is the topic du jour for this week, as Wade and Alex discuss a recent article from Advisor Perspectives that Wade wrote with Joe Elsasser from Covisum. Wade describes the effective marginal tax rate approach for managing Roth conversions and taxable distributions in retirement. This matters because of the nonlinearities facing retirees with their taxes, which include the Social Security tax torpedo, Medicare IRMAA surcharges, preferential income stacking, and the surprises created by RMDs. Tune in and uncover how to navigate the many pitfalls and traps facing retirees in the US federal tax code. Listen now to learn more! Links The article discussed is available at: https://www.advisorperspectives.com/articles/2023/11/13/managing-taxes-retirement-effective-marginal-rate Registration is open for the Consumer Retirement Income Challenge hosted by the team at Retirement Researcher! Join us December 4th-7th for this FREE 4-Day event by visiting: https://risaprofile.com/podcast This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

Wade and Alex discuss with Rob Cordeau, CFP®, RICP®, CHFC®, the most frequently dealt with year-end planning topics that he discusses with clients. As we near the end of year, there are various deadlines that should be addressed to help maximize your investment and planning experience. In addition, as you get a better sense of your income and tax brackets, we review a few wins that you should consider taking advantage of and a few “potholes” that you want to avoid. These items are well within your control and make a meaningful difference to your retirement income potential. Listen now to learn more! Links If you'd like to speak with someone at McLean Asset Management about your year-end planning decisions or any other financial planning topic, you can get in touch at: www.mcleanam.com/review Registration is open for the Consumer Retirement Income Challenge hosted by the team at Retirement Researcher! Join us December 4th-7th for this FREE 4-Day event by visiting: https://risaprofile.com/podcast This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

In today's episode, we discuss how married couples frequently do not have the same retirement income style and how the RISA® Framework is used to identify solutions so that both individuals can feel confident with a retirement plan that satisfies both retirement styles. Currently, simply “splitting the difference” on an investment portfolio allocation based on risk tolerances is far short of the mark and we discuss how the RISA® addresses these shortcomings and points to a better way. Listen Now to learn more! Links Discover your Retirement Income Personality by signing up to take the RISA® here: https://risaprofile.com/style/ This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

On today's episode, Alex and Wade are joined by Rob Cordeau, CFP, RICP, ChFC, who is the Managing Director of Wealth Management at McLean Asset Management. He shares insights into how Time Segmentation strategies can be implemented in practice, and he comes with a lot of great analogies to help you think about whether this Retirement Income Style is right for you. Listen now to learn more. This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

Critics of Time Segmentation and bucketing have questioned whether there is any there, there. A big part of this relates to how Time Segmentation methods decide when to re-fill the short-term spending buckets. In today's episode, Wade and Alex discuss three proposed re-fill methods and describe how one may make things worse, how one is more in the middle, and how one can potentially improve financial outcomes. But for the one that can make things better, an important caveat is that it does so through a dynamic and aggressive overall asset allocation strategy. Listen now to find out if you have what it takes to make Time Segmentation work for your retirement. Links Click here to learn more about the Retirement Researcher Academy membership site: https://retirementresearcher.com/academy-rws This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

Last week on Retire With Style, we decided to do something a bit special to celebrate this major milestone of 100 episodes and we invited our frequent flyer, Bob French along for the ride. We hosted a special Q&A session on YouTube Live where we answered your burning retirement planning questions live on air! Listen now to hear Part 2 of the live session. Links Be sure to follow our podcast YouTube channel as we look forward to doing more of these live sessions in the future: https://www.youtube.com/@retirewithstylepodcast This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

It's an occasion to celebrate! This week on Retire With Style, we decided to do something a bit special to celebrate this major milestone of 100 episodes and we invited our frequent flyer, Bob French along for the ride. We hosted a special Q&A session on YouTube Live where we answered your burning retirement planning questions live on air! We are beyond thrilled and forever humbled by your continued support of this podcast. Here's to 100 more! Listen now to hear Part 1 of the live session. We have officially closed our 100th-episode Celebration Giveaway with Retirement Researcher! The Winners have been contacted - so please check your inbox for a message from the team at RR. Thank you so much for entering our giveaway and we hope to host more of them soon! Links Be sure to follow our podcast YouTube channel as we look forward to doing more of these live sessions in the future: https://www.youtube.com/@retirewithstylepodcast This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

In today's episode, Wade and Alex begin their arc on Time Segmentation (i.e., Bucketing) as part of a viable retirement income strategy within the RISA® framework. To start off, we discuss the pros and cons of time segmentation and how it addresses the optionality and safety-first component within one’s RISA® style. In addition, we address some popular misconceptions about this strategy that somewhat overstate its effectiveness relative to other strategies. Listen now to learn more! Links Join the LIVE Q&A Session for Episode 100 on Wed. October 11th at 1:00 PM ET on the Retire With Style YouTube Page. Subscribe and turn on your notifications to see when we are live!! https://www.youtube.com/@retirewithstylepodcast If you are unable to join us for the live filming, you can still send us your questions here: https://www.surveymonkey.com/r/PHZL5WK In honor of our 100th Episode, Retirement Researcher is sponsoring a free giveaway! Enter now to win one of three prizes: 2nd Edition of Retirement Planning Guidebookindividual WorkshopRetirement Researcher Academy membership site The giveaway will close on Tues, October 17th. To enter the 100th Episode Giveaway, click here: retirementresearcher.com/100 This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

This week we finish our inflation quadrilogy with Bob French of Retirement Researcher. In previous episodes, we have talked about the different tools at our disposal to deal with inflation, but now we need to look at how to use those tools. Using the different RISA® styles as our guide, we discuss how you can deal with inflation risk in your own retirement income plan. Listen now to learn more! Links If you haven't already, visit www.risaprofile.com/style to take the RISA® questionnaire for yourself and discover your Retirement Income Style. Purchase access to the Academy Workshop entitled, "Managing Inflation In Your Retirement Income Plan" hosted by Bob French at Retirement Researcher by clicking here: https://retirementresearcher.com/managing-inflation-rws This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

This week on Retire With Style, Wade and Alex are joined (yet again) by Bob French, of Retirement Researcher, to look at how you can use reliable income sources (even beyond your Social Security benefits) to deal with inflation. Using reliable income to manage inflation risk is a little bit more complicated than using your investments, but it does allow you to lock in your spending power in a way that you just can't with risky investments. And we look at how you can do so. Listen now to learn more! Links Click here to learn more about the Retirement Researcher Academy membership site: https://retirementresearcher.com/academy-rws Purchase access to the Academy Workshop entitled, "Managing Inflation In Your Retirement Income Plan" hosted by Bob French at Retirement Researcher by clicking here: https://retirementresearcher.com/managing-inflation-rws This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

In today's episode, Bob French joins Alex and Wade again to continue their conversation on managing inflation and it's effects on your retirement income plan. This week they look at how you can use your investment portfolio to counteract the effects of inflation. In addition, we look at some of the common inflation "hedges" that just don't work. Listen Now to learn more! This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?" Purchase access to the Academy Workshop entitled, "Managing Inflation In Your Retirement Income Plan" hosted by Bob French at Retirement Researcher by clicking here: https://retirementresearcher.com/managing-inflation-rws

Wade and Alex are joined by Bob French, of Retirement Researcher, to talk about inflation. Inflation is one of the biggest risks that retirees face, so it's important to understand what inflation actually is, and how it works. In addition, we'll talk about what inflation might look like going forward - plus the Presidential campaign of 1896. Listen now to learn more! This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

Alex and Ryan continue to discuss McLean’s ADV Part 2. It is the SEC-mandated document that an advisor provides to prospects and to existing clients at least once a year. The ADV Part 2 serves as your user manual for working with your advisor. We use McLean’s ADV to serve as a baseline for these episodes. In this episode, we discuss: Listen now to learn more! Links To download McLean's ADV Part 2, click here: https://www.mcleanam.com/adv2a You can reach our guest Ryan Walters by visiting: https://rialawyers.com/ Join the waitlist for our next round of the Retirement Income Challenge at risaprofile.com/podcast If you are an individual consumer and would like to be directed to our sister firm McLean Asset Management you can get in touch at: https://www.mcleanam.com/start/ This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

Alex and Ryan continue to discuss McLean’s ADV Part 2. It is the SEC-mandated document that an advisor provides to prospects and to existing clients at least once a year. The ADV Part 2 serves as your user manual for working with your advisor. We use McLean’s ADV to serve as a baseline for these episodes. In this episode, we discuss: Listen now to learn more! Links To download McLean's ADV Part 2, click here: https://www.mcleanam.com/adv2a You can reach our guest Ryan Walters by visiting: https://rialawyers.com/ Join the waitlist for our next round of the Retirement Income Challenge at risaprofile.com/podcast If you are an individual consumer and would like to be directed to our sister firm McLean Asset Management you can get in touch at: https://www.mcleanam.com/start/ This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

In today's episode, Alex and Ryan discuss McLean Asset Management's ADV Part 2. It is the SEC-mandated document that an advisor provides to prospects and existing clients at least once a year. The ADV Part 2 serves as your user manual for working with your advisor. We use McLean’s ADV to serve as a baseline for these episodes. In this episode, we discuss: Links To download McLean's ADV Part 2, click here: https://www.mcleanam.com/adv2a You can reach our guest Ryan Walters by visiting: https://rialawyers.com/ Join the waitlist for our next round of the Retirement Income Challenge at risaprofile.com/podcast If you are an individual consumer and would like to be directed to our sister firm McLean Asset Management you can get in touch at: https://www.mcleanam.com/start/ This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"

During this special LinkedIn Live episode, Alex and Wade are joined by Intention.ly’s Meghan Richter as they describe the upcoming 3-day Retirement Income Masterclass for Advisors. Don’t miss your chance to join us for a 3-part masterclass to see how you can leverage the innovative Retirement Income Style Awareness (RISA®) assessment to personalize retirement income planning, build stronger client connections and future-proof your practice starting August 28th at 12:00 PM ET. Listen Now to learn more. Links Join our Retirement Income Masterclass to learn about the RISA® and how to use it and market it within your practice. Sign up here: www.risaprofile.com/advisors This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

In this episode, we begin our arc on becoming an informed consumer of Financial Advice. Alex brings in Ryan Walter, our actual Compliance Attorney for McLean Asset Management and Retirement Researcher, to discuss some of the most salient issues you will face when considering the use of a financial professional. In this episode, we answer: Listen now to learn more! Links Download the free resource, 'Three Flavors of Financial Advisors' by clicking here: https://retirementresearcher.com/download-3-flavors If you are an individual consumer and would like to be directed to our sister firm McLean Asset Management you can get in touch at: https://www.mcleanam.com/start/ Join the FREE 4-day Retirement Income Challenge for Consumers on August 21st-24th by registering now at risaprofile.com/podcast

Alex and Wade discuss with Andrew Lippert from Simplified Wealth how the RISA® enables his ability to view a client’s situation agnostically and start the recommendation process with how the client wants to source retirement income. Andrew also discusses his time working with Fidelity and how that led him to start his own firm that embodies his values for working with clients. We also discuss the RISA® in the client engagement process and how it is useful to open up discussions with spouses that may have been previously muted. Listen now to learn more! Links Learn more about Simplified Wealth here: https://simplifiedwealth.us/ Join our Retirement Income Masterclass to learn about the RISA® and how to use it and market it within your practice. Sign up here: www.risaprofile.com/advisors This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

On this week's episode, Wade is continuing his conversation with Brian Bass, MSFS, CFP®, RICP®, AEP®, CLU®, and Jason Rizkallah, CFP®, RICP®, of McLean Asset Management about what listeners need to know when looking at annuity illustrations and annuity contracts. Listen now to learn more! Links As referenced in the episode, if you'd like to speak with someone at McLean Asset Management about annuities or any other financial planning topic, you can get in touch at: www.mcleanam.com/review Join our Retirement Income Masterclass to learn about the RISA® and how to use it and market it within your practice. Sign up here: www.risaprofile.com/advisors This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"