Retirement Solutions - The Podcast

The Retirement Tax Trap: 3 Strategies to Keep More of Your IRA and 401(k) (Ep. 37)

What if a big portion of your retirement savings was never really yours to begin with? In this episode, Ryan Thacker and Tyson Thacker break down a reality that many retirees overlook: your IRA or 401(k) balance may look strong on paper, but without a strategy, taxes and market risk could take a meaningful bite out of it. They walk through how to think differently about your retirement income so you can make more informed decisions about what you keep. Ryan and Tyson discuss: * How taxes can quietly reduce your IRA and 401(k) savings over time * Why a tax-efficient withdrawal strategy matters more than most people realize * The risk of relying on outdated rules like the 4 percent rule  * How market downturns near retirement can impact long-term income * What sequence of returns risk mean for your financial future * Why Roth conversions are often considered a powerful planning strategy * How to create more control and flexibility with your retirement income * And more! Don’t miss out on future retirement strategies-subscribe to Retirement Solutions on your favorite podcast app today! Resources: * The B.O.S.S. Retirement Blueprint [https://www.amazon.com/B-S-S-Retirement-Blueprint-Independent/dp/1544509022/ref=sr_1_1?dib=eyJ2IjoiMSJ9.q89ryx32DuzsLNXL3wMYWutssnyo2G4I8RdN5t_YkR-mGLqr5KTjRlE8aFGvltpAvcvagxJd722RM8nOcmuCMDLPRxzCPF6MIkimcK-8Bis-ZyZBiUhIR8VkvZ6KDJQZa_J-VKyjeRrz4wPa_vOWsMA0bKbQIU2l14rvv4FPlhgMR8u7S0TgvJ6ma9Qxj-YVAz72M_0j5EsP1oXirO7_NUssToxPkYla7wSXdclTpLw.pde-XaFNskSOkF9KxZE5pR_xaENyzxPOz0YZXLBIPcY&dib_tag=se&keywords=the+Boss+Retirement+Blueprint&qid=1712072830&sr=8-1] Get your FREE B.O.S.S. Retirement Blueprint: 3 Ways to Respond: * Text BLUEPRINT to (435) 500-0665 * Call: (800) 769-7550 * or Click Here [https://www.bossretirement.com/podcasts] Connect with Tyson Thacker:  * LinkedIn: Tyson Thacker [https://www.linkedin.com/in/tyson-thacker-345850/] * BOSSRetirement.com [https://bossretirement.com/]  Connect with Ryan Thacker:  * LinkedIn: Ryan Thacker [https://www.linkedin.com/in/ryan-thacker-6719a44/] * BOSSRetirement.com [https://bossretirement.com/]

What Most Retirees Miss About Taxes (Ep. 36)

What if the biggest threat to your retirement isn’t market volatility, but the taxes you didn’t plan for? In this episode, Ryan Thacker and Tyson Thacker break down the hidden tax traps that can quietly drain your retirement savings and how one wrong move could trigger what they call the “tax time bomb.” Ryan and Tyson discuss: * Why retirement income can push you into higher tax brackets than expected * How IRA and 401(k) withdrawals can create larger tax bills over time * The surprising ways Social Security benefits can become taxable * How required minimum distributions can dramatically increase your tax burden * And more! Resources: * The B.O.S.S. Retirement Blueprint [https://www.amazon.com/B-S-S-Retirement-Blueprint-Independent/dp/1544509022/ref=sr_1_1?dib=eyJ2IjoiMSJ9.q89ryx32DuzsLNXL3wMYWutssnyo2G4I8RdN5t_YkR-mGLqr5KTjRlE8aFGvltpAvcvagxJd722RM8nOcmuCMDLPRxzCPF6MIkimcK-8Bis-ZyZBiUhIR8VkvZ6KDJQZa_J-VKyjeRrz4wPa_vOWsMA0bKbQIU2l14rvv4FPlhgMR8u7S0TgvJ6ma9Qxj-YVAz72M_0j5EsP1oXirO7_NUssToxPkYla7wSXdclTpLw.pde-XaFNskSOkF9KxZE5pR_xaENyzxPOz0YZXLBIPcY&dib_tag=se&keywords=the+Boss+Retirement+Blueprint&qid=1712072830&sr=8-1] Get your FREE B.O.S.S. Retirement Blueprint: 3 Ways to Respond: * Text BLUEPRINT to (435) 500-0665 * Call: (800) 769-7550 * or Click Here [https://www.bossretirement.com/podcasts] Connect with Tyson Thacker:  * LinkedIn: Tyson Thacker [https://www.linkedin.com/in/tyson-thacker-345850/] * BOSSRetirement.com [https://bossretirement.com/]  Connect with Ryan Thacker:  * LinkedIn: Ryan Thacker [https://www.linkedin.com/in/ryan-thacker-6719a44/] * BOSSRetirement.com [https://bossretirement.com/]

Why Saving for Retirement Isn’t Enough Anymore (Ep. 35)

You spent decades saving for retirement, but what if the biggest risk is not how much you saved, but how you use it? In this episode, Ryan Thacker and Tyson Thacker break down what they see most people get wrong about retirement planning, especially in the critical years right before and after retirement. They explain why saving money and planning for retirement are two very different things, and how small, uncoordinated decisions around taxes, Social Security, investments, and healthcare can quietly erode your wealth over time. Ryan and Tyson discuss: * Why the retirement red zone is where small mistakes become costly * How taxes act as a ripple effect across Social Security, Medicare, and income * Why over 90 percent of Americans file for Social Security the wrong way * The danger of taking too many risks late in your career * How healthcare costs can derail even well-funded retirements * Why coordinated planning matters more than chasing investment returns * And more Share Your Story or Question: What’s your biggest retirement concern? Email us at info@bossretirement.com [info@bossretirement.com] or leave a voicemail, and we might feature your question in an upcoming episode. Resources: * The B.O.S.S. Retirement Blueprint [https://www.amazon.com/B-S-S-Retirement-Blueprint-Independent/dp/1544509022/ref=sr_1_1?dib=eyJ2IjoiMSJ9.q89ryx32DuzsLNXL3wMYWutssnyo2G4I8RdN5t_YkR-mGLqr5KTjRlE8aFGvltpAvcvagxJd722RM8nOcmuCMDLPRxzCPF6MIkimcK-8Bis-ZyZBiUhIR8VkvZ6KDJQZa_J-VKyjeRrz4wPa_vOWsMA0bKbQIU2l14rvv4FPlhgMR8u7S0TgvJ6ma9Qxj-YVAz72M_0j5EsP1oXirO7_NUssToxPkYla7wSXdclTpLw.pde-XaFNskSOkF9KxZE5pR_xaENyzxPOz0YZXLBIPcY&dib_tag=se&keywords=the+Boss+Retirement+Blueprint&qid=1712072830&sr=8-1] Get your FREE B.O.S.S. Retirement Blueprint: 3 Ways to Respond: * Text BLUEPRINT to (435) 500-0665 * Call: (800) 769-7550 * or Click Here [https://www.bossretirement.com/podcasts] Connect with Tyson Thacker:  * LinkedIn: Tyson Thacker [https://www.linkedin.com/in/tyson-thacker-345850/] * BOSSRetirement.com [https://bossretirement.com/]  Connect with Ryan Thacker:  * LinkedIn: Ryan Thacker [https://www.linkedin.com/in/ryan-thacker-6719a44/] * BOSSRetirement.com [https://bossretirement.com/]

Which Retirement Account Should You Withdraw From First (Ep. 34)

One of the biggest retirement mistakes has nothing to do with how much you saved, it’s about where your income comes from once you stop working. The order you withdraw your money can quietly trigger higher taxes, bigger Medicare premiums, and unnecessary stress later in life. In this episode, Ryan Thacker and Tyson Thacker break down why withdrawal strategy is one of the most overlooked yet impactful decisions in retirement planning, and how a single misstep can set off a chain reaction that affects your taxes, Social Security, and long-term income. Ryan and Tyson discuss: * Why the order you pull money from IRAs, 401(k)s, Roth accounts, and brokerage accounts matters more than most people realize * How withdrawals can unintentionally increase taxes on Social Security and trigger IRMAA Medicare surcharges * Common mistakes retirees make by relying on outdated rules of thumb like the 4% rule * How delaying or mismanaging withdrawals can lead to larger required minimum distributions later * What a coordinated withdrawal strategy looks like and how it helps protect income, taxes, and peace of mind * And more! Book your complimentary retirement planning consultation [https://bossretirement.com/schedule-a-meeting/] and get answers to your most pressing questions. Resources: * The B.O.S.S. Retirement Blueprint [https://www.amazon.com/B-S-S-Retirement-Blueprint-Independent/dp/1544509022/ref=sr_1_1?dib=eyJ2IjoiMSJ9.q89ryx32DuzsLNXL3wMYWutssnyo2G4I8RdN5t_YkR-mGLqr5KTjRlE8aFGvltpAvcvagxJd722RM8nOcmuCMDLPRxzCPF6MIkimcK-8Bis-ZyZBiUhIR8VkvZ6KDJQZa_J-VKyjeRrz4wPa_vOWsMA0bKbQIU2l14rvv4FPlhgMR8u7S0TgvJ6ma9Qxj-YVAz72M_0j5EsP1oXirO7_NUssToxPkYla7wSXdclTpLw.pde-XaFNskSOkF9KxZE5pR_xaENyzxPOz0YZXLBIPcY&dib_tag=se&keywords=the+Boss+Retirement+Blueprint&qid=1712072830&sr=8-1] Get your FREE B.O.S.S. Retirement Blueprint: 3 Ways to Respond: * Text BLUEPRINT to (435) 500-0665 * Call: (800) 769-7550 * or Click Here [https://www.bossretirement.com/podcasts] Connect with Tyson Thacker:  * LinkedIn: Tyson Thacker [https://www.linkedin.com/in/tyson-thacker-345850/] * BOSSRetirement.com [https://bossretirement.com/]  Connect with Ryan Thacker:  * LinkedIn: Ryan Thacker [https://www.linkedin.com/in/ryan-thacker-6719a44/] * BOSSRetirement.com [https://bossretirement.com/]

The Retirement Tax Mistake Most People Never See Coming (Ep. 33)

Most people watch their account balances closely, but very few know the number that matters most in retirement: how much they will actually owe in taxes. That number can change everything about what you can spend, how long your money lasts, and the choices you get to make in the years ahead. In this episode, Ryan Thacker and Tyson Thacker walk through the real tax challenges facing retirees and why so many families are caught off guard. They explain why taxes often rise in retirement, how different income streams are taxed, and why understanding your tax buckets can help you avoid unnecessary surprises. Ryan and Tyson discuss: * The three tax buckets and how each one affects your retirement income * Why most retirees underestimate their future tax bill * How RMDs, Social Security, pensions, and investment income interact * The power of tax bracket management and Roth strategies * The long-term impact of delaying tax planning * How forward-looking tax analysis can help families keep more of what they saved * And more Resources: * The B.O.S.S. Retirement Blueprint [https://www.amazon.com/B-S-S-Retirement-Blueprint-Independent/dp/1544509022/ref=sr_1_1?dib=eyJ2IjoiMSJ9.q89ryx32DuzsLNXL3wMYWutssnyo2G4I8RdN5t_YkR-mGLqr5KTjRlE8aFGvltpAvcvagxJd722RM8nOcmuCMDLPRxzCPF6MIkimcK-8Bis-ZyZBiUhIR8VkvZ6KDJQZa_J-VKyjeRrz4wPa_vOWsMA0bKbQIU2l14rvv4FPlhgMR8u7S0TgvJ6ma9Qxj-YVAz72M_0j5EsP1oXirO7_NUssToxPkYla7wSXdclTpLw.pde-XaFNskSOkF9KxZE5pR_xaENyzxPOz0YZXLBIPcY&dib_tag=se&keywords=the+Boss+Retirement+Blueprint&qid=1712072830&sr=8-1] * Download our free Social Security Decisions Report [https://bossretirement.com/#taxes] Get your FREE B.O.S.S. Retirement Blueprint: 3 Ways to Respond: * Text BLUEPRINT to (435) 500-0665 * Call: (800) 769-7550 * or Click Here [https://www.bossretirement.com/podcasts] Connect with Tyson Thacker:  * LinkedIn: Tyson Thacker [https://www.linkedin.com/in/tyson-thacker-345850/] * BOSSRetirement.com [https://bossretirement.com/]  Connect with Ryan Thacker:  * LinkedIn: Ryan Thacker [https://www.linkedin.com/in/ryan-thacker-6719a44/] * BOSSRetirement.com [https://bossretirement.com/]