Why Roth Conversions Should Be Your LAST Retirement Priority - NOT Your First

Why Roth Conversions Should Be Your LAST Retirement Priority - NOT Your First

Roth conversions, Social Security timing, RMDs, and IRMAA — what order should you tackle retirement decisions? Most people start with the wrong one. In this episode, Erik Soderborg from The Retirement Nerds and Zacc Call from Capita Financial Network break down a step-by-step sequencing framework for retirement income planning. If you've been told to prioritize Roth conversions above everything else, this video explains why that approach can backfire — and what to anchor first instead. This is Episode 5 of our Social Security series. Watch the full series: ▸ Episode 1: https://youtu.be/AZfxGBp-Mts ▸ Episode 2: https://youtu.be/Ssgulq9KwEU ▸ Episode 3: https://youtu.be/FpnHmouqYl4 ▸ Episode 4: https://youtu.be/vDxe7vUxC1I Zacc's Channel: ttps://www.youtube.com/@ZaccMoneyEducation 📋 Want help building your own Social Security plan? https://theretirementnerds.com/ 📘 Free Medicare Guide: ttps://theretirementnerds.com/medicare-playbook/ ⚖️ Need an estate plan? Set up your revocable living trust with Jim Burch: ttps://easylegalplanning.com/ =============================================== Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ =============================================== ABOUT THE RETIREMENT NERDS Erik spent years inside the insurance and pharmacy benefit industries before switching sides to help retirees navigate Medicare, Social Security, financial planning, and estate planning — without the spin. Subscribe: https://www.youtube.com/@Theretirementnerds Website: https://theretirementnerds.com/ ⏰ TIME CODES ⏰ 0:00 Intro 2:10 The Seating Chart 5:50 Factors To Change the Seating 7:30 Net Present Value of Taxes 9:58 The Base Case: Convert Nothing 11:40 The Framework 21:13 The Unsolvable Loop 23:05 The Most Flexible Seat 24:35 Surprising Roth Philosophy 26:08 Questions from the Internet 38:10 Most Important Points 42:06 Where to Get Help ============================= #medicare #theretirementnerds #socialsecurity #retirementnerds #finance #rothconversion Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

We Ran the Numbers: When Singles vs Married Couples Should Take Social Security

When should you take Social Security — at 62, 67, or 70? The answer depends on whether you're single or married, and the math looks very different for each. In this episode, Erik Soderborg and Zacc Call, president of Capita Financial Network, sit down and walk through real break-even analyses for single filers and married couples side by side. This is Part 4 of our 4-part Social Security series, and it's where the theory from previous episodes meets actual numbers. We run multiple scenarios showing how filing age, spousal coordination, survivor benefits, cost of living adjustments, and investment growth all shift the break-even point — sometimes by years. If you've been trying to figure out the right time to file, this is the episode that puts it all together. 📌 Watch the full Social Security series: ▸ Part 1: https://youtu.be/AZfxGBp-Mts ▸ Part 2: https://youtu.be/Ssgulq9KwEU ▸ Part 3: https://youtu.be/FpnHmouqYl4 🔗 Want help building a retirement income plan around your Social Security filing decision? Visit https://theretirementnerds.com/ to connect with our team. Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ⏱️ Timestamps 0:00 Intro 1:22 Scenario Types 2:00 Case 1: Single, Never Married 12:22 Case 2: Married, Same Age, Different PIAs 21:08 Case 3: Married, Same Age, Similar PIAs 28:29 Case 4: Married, Different Age, Different PIAs 35:22 Case 5: Married, Different Age, Similar PIAs 41:54 Case 6: Single, Deceased Spouse 48:13 Case 7: Single, Multiple Previous Marriages 55:04 Where to Get Help #SocialSecurity #BreakEvenAge #RetirementPlanning #WhenToTakeSocialSecurity #SocialSecurity62vs70 #TheRetirementNerds Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

The Social Security Break Even Points That Everyone Misses

Social Security break-even age — it sounds simple, but most people calculate it wrong. In this episode, Erik Soderborg sits down with Zacc Call, president of Capita Financial Network, for Part 3 of our 4-part Social Security series. We walk through how to actually calculate your Social Security break-even age and break down the 3 most common mistakes that lead to an inaccurate number — and potentially a bad filing decision. We cover why ignoring the Cost of Living Adjustment (COLA) skews your break-even, why Social Security filing needs to be a team decision with your spouse, and why you can't ignore the investment growth you'd get by leaving your portfolio untouched while delaying benefits. Whether you're 62 and deciding when to file or still a few years out, this episode gives you the framework to make a smarter, more informed decision. 📌 Watch the full Social Security series: ▸ Part 1: https://youtu.be/AZfxGBp-Mts ▸ Part 2: https://youtu.be/Ssgulq9KwEU 🔗 Want help building a retirement income plan that accounts for Social Security, taxes, and investments? Visit https://theretirementnerds.com/ to connect with our team. ⏱️ Timestamps: 0:00 Intro 1:38 Break Even Basics 5:13 Mistake #1: COLA 6:52 Mistake #2: Team Sport 9:18 Mistake #3: Growth on Growth 17:37 Example 1: Same BD, Similar Benefits 27:49 Life Expectancy Ideas 29:59 Example 2: Different BD, Different Benefits 40:33 Where to Get Help Check out our resources at https://TheRetirementNerds.com/ Send me a message! Erik@TheRetirementNerds.com Be Sure to Subscribe to our Channel! YouTube: @theretirementnerds Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/================================== #SocialSecurity #BreakEvenAge #RetirementPlanning #WhenToFileSocialSecurity #SocialSecurityMistakes #RetirementIncome #theretirementnerds Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

The Social Security Menu: 4 Benefits, But Most Retirees Only Know About 1

Are you getting every Social Security benefit you're entitled to? Most retirees only claim one — but there are actually four different types of benefits available depending on your situation. In this video, I sit down with Zacc Call, President of Capita Financial Network, to walk through what I call "The Social Security Menu" — every benefit option available to you in retirement. We cover: 🔹 Your own retirement benefit (PIA) — how it's calculated and when to claim 🔹 Spousal benefits — what you're entitled to based on your spouse's record 🔹 Ex-spousal benefits — the rules most divorced retirees don't know about 🔹 Survivor benefits — how this works and why the timing matters We break down the percentages, age requirements, filing rules, and common mistakes people make when choosing from the Social Security menu. SOCIAL SECURITY VIDEO SERIES: Episode 1: https://youtu.be/AZfxGBp-Mts 📌 Timestamps: 0:00 Intro 1:53 The Menu 2:50 Your Personal Benefit 5:58 Spousal Benefits (Currently Married) 12:39 Spousal Benefits (Divorced) 19:42 Survivor Benefits 24:22 Survivor with Remarriage 32:29 Disability Benefits 33:34 Medicare Implications 35:06 More Help 👉 Want help with your Social Security and retirement income strategy? Visit https://theretirementnerds.com 📺 Subscribe for weekly retirement planning content: https://www.youtube.com/@Theretirementnerds #SocialSecurity #RetirementPlanning #SpousalBenefits #SurvivorBenefits #SocialSecurityBenefits #RetirementIncome #MedicarePlanning #FinancialPlanning #SocialSecurityTips #RetirementNerds ABOUT THIS CHANNEL: The Retirement Nerds simplifies Medicare, Social Security, financial planning, and estate planning so you can make informed decisions heading into retirement. No fluff. No sales pitches. Just the facts. Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

How Your Social Security Benefit Is Calculated And How You Can Increase Your Monthly Payment

💵 How is your Social Security benefit calculated? In Part 1 of our 4-part Social Security series, financial expert Zacc Call explains the Primary Insurance Amount (PIA) - the foundation of your Social Security retirement benefit - and reveals proven strategies to increase your monthly payment. Whether you're years away from claiming or approaching retirement, understanding how Social Security calculates your benefit is crucial to maximizing your lifetime income. This video breaks down the complex PIA formula into simple terms and shows you exactly what you can do to boost your monthly check. How to Set Up Your My Social Security Account: https://youtu.be/B5n4OwOoGTY Other Useful Videos: https://youtu.be/KXFqGra9qHI https://youtu.be/ZetbFdEqi2A https://youtu.be/NxH2jHzZwFo Check out our resources at https://TheRetirementNerds.com/ Connect with Zacc's Team at Capita: CapitaFinancialNetwork.com ============================= Send me a message! Erik@TheRetirementNerds.com ========================================================== Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro to this Episode 1:08 The Calculation of AIME 5:50 Bend Points 9:42 How to Increase Your Benefits 15:41 Working Part Time 17:45 Working and Taking SS 25:18 My SSA Account Resources 26:52 When You File Matters 32:00 Medicare Implications 35:10 What's On The Menu 36:55 Where to Get Help ============================= #medicare #theretirementnerds #socialsecurity #retirementnerds #finance Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options. Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.