Retirement Answer Man

“You do not rise to the level of your goals; you fall to the level of your systems.” James Clear I’ve been focusing on building up my systems lately and today I’ll provide you with an example of what that looks like for me.  In addition,...

Show Notes

“You do not rise to the level of your goals; you fall to the level of your systems.” James Clear
I’ve been focusing on building up my systems lately and today I’ll provide you with an example of what that looks like for me. 
In addition, in this episode, you’ll hear several questions on how to optimize your tax burden. Then in the Bring It On segment, Kevin Lyles joins me to discuss the role of leisure in retirement.
Join me today to take a baby step to improve your life in retirement. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN PRACTICAL PLANNING SEGMENT 
  • [2:19] Building systems 
LISTENER QUESTIONS 
  • [6:31] How to pay taxes for Roth Conversions
  • [14:44] On new rules for catch-up contributions
  • [17:07] Can Larry contribute to his wife’s HSA?
  • [19:26] The details on the taxes on selling a house
BRING IT ON 
  • [22:46] The role of leisure in retirement
  • [25:06] The 6 categories of leisure
TODAY’S SMART SPRINT SEGMENT 
  • [31:16] Look at your after-tax accounts and tally your realized capital gains
Resources Mentioned In This Episode
BOOK - Atomic Habits by James Clear
Sign up for the 6-Shot Saturday newsletter!
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center

What is Retirement Answer Man?

A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com