The Truth About Annuities And What Every Person Needs to Know Before Buying One

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.

Is Long-Term Care Insurance Worth It? Here's What to Consider

How much does long-term care really cost — and how do you actually prepare for it? In this video, I sit down with Marc Glickman, President of BuddyIns, to break down everything you need to know about long-term care insurance — from how to get it, what it covers, and most importantly, how to actually use it when the time comes. With average long-term care costs running $6,400 per month or more, this is a conversation every retiree and pre-retiree needs to have. Marc shares his expert insight on navigating the process, avoiding common mistakes, and making sure your policy works for you — not against you. Website to get a quote or connect with Marc: https://partner.buddyins.com/retirementnerds Long Term Care 101 Video: https://youtu.be/ytsdfesv_uk 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/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro 0:30 Employer Options 3:18 Underwriting 4:17 If You Leave Employer 5:20 Premium Increases 8:20 Under 65 vs Over 65 10:30 How to Use a Policy 13:20 Where to Get Care 16:23 Beware Overinsurance 22:15 Gender Implications 24:07 Future of Care (Robots?) 28:50 Where to get help ============================= #medicare #theretirementnerds #socialsecurity #retirementnerds #finance #longtermcareplanning 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.

The Truth About Annuities And What Every Person Needs to Know Before Buying One

💰 Considering an annuity for retirement income? Financial expert Zacc Call breaks down everything you need to know about annuities - how they work, the fees involved, pros and cons, and whether they're the right choice for YOUR retirement. If you've been approached by a financial advisor about purchasing an annuity, or you're exploring guaranteed income options for retirement, this interview will give you the honest facts you need to make an informed decision. Get the Annuity Guide shown in the video here: https://theretirementnerds.com/annuity-guide-download/ Get the Financial Professionals Guide here: https://theretirementnerds.com/financial-professionals-guide/ Financial Professionals Video: https://youtu.be/8uC1lgkZUWE How to reach Zacc's Team: https://capitafinancialnetwork.com/ Zacc's YouTube Channel: https://www.youtube.com/@ZaccMoneyEducation Your Best Financial Year Newsletter: https://www.capitafinancialnetwork.com/your-best-financial-year 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/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Intro 0:25 Who should ignore annuities 3:27 Who should consider annuities 8:20 Different Categories of Annuities 9:50 The Pension Annuity 22:45 The Bond Imitator Annuity 31:08 The Investment Portfolio Annuity 42:28 The Downside Protector Annuity 54:15 Account Value vs Income Value 59:59 The Boxed-In Investor Annuity 1:08:48 The Kitchen Sink Annuity 1:16:10 How Salespeople are Compensated 1:23:57 Deciding on Which 1:32:51 Zacc's Plea 1:33:33 Where to get help ============================= #annuity #annuities #theretirementnerds #retirementnerds #finance 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.