How to Retire on Time
Welcome to How to Retire on Time, a show that answers your retirement questions. Say goodbye to the oversimplified advice you've heard hundreds of times. This show is about getting into the nitty-gritty so you can make better decisions as you prepare for retirement. Text your questions to 913-363-1234 and we'll feature them on the show. Don't forget to grab a copy of the book, How to Retire on Time, or check out our resources by going to www.retireontime.com.
Is Limiting Your Income Worth the Deduction?
“Hey Mike, is it worth limiting your income to get the additional senior deduction?”Â
Why some people may want to plan around the different potential deductions, and others should just ignore them.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
When Helping Your Kids Can Actually Hurt Them
“Hey Mike, I want to help my kids now while I’m alive. Do you have any do’s and don’ts when it comes to financially helping your kids?”Â
Discover why helping your kids who are making bad financial decisions may hurt them more overall.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Tips on How to Prepare to Sell Your Business
“Hey Mike, I’ve got a business that I plan to sell in a few years. Any tips on how to prepare for the sale and retirement?”Â
Discover where you may want to spend your time in order to prepare for a potentially better sale for your business.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Why Tax Planning is More Than IRA to Roth Conversions
“Hey Mike, can you explain what tax planning is? Everyone talks about it but then recommends IRA to Roth conversions.”Â
Discover different ways you could implement tax planning in your retirement plan other than IRA to Roth Conversions.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
What Has Worked May Not Continue to Work
“Hey Mike, enjoyed the book, but am having a hard time changing my portfolio. What I’m doing seems to be working. Why should I switch now?”
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Discover why you may want to change your portfolio or investment strategies every now and then.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
What Comes First When Planning Retirement
"Hey Mike, retirement feels incredibly overwhelming. Where do you start?"
 Discover what comes before financial planning.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
When You May NOT Want to Manage Your Portfolio in Retirement
"Hey Mike, how hard is it to learn how to manage a retirement plan on your own if you don’t have a financial background?"
 Discover when it may make sense and when it probably doesn’t make sense to manage your assets in retirement.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
How Buffered ETFs Are Different Than Fixed-Indexed Annuities
"Hey Mike, how can some insurance companies offer a better version of a buffered ETF if they work in the same market?"
 Discover what makes them similar and what makes them different. Â
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
When to Start Lifetime Income
"Hey Mike, once you buy an annuity, is it better to take income when you retire, or wait so the income amount gets bigger?"
Discover when it may make sense to start your lifetime income when you retire, and when it may make sense to delay it.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Why You May Want the Market to Crash When you Retire
"Hey Mike, is it true that the first five years of retirement are the most risky for your portfolio?"
 Discover three strategies that may make the next market crash an opportunity.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
What Are the Giving Machines? With Tammy Reid
An interview with Tammy Reid, wife of head coach Andy Reid, where she discusses her own family holiday traditions, the need for and joy that comes with giving, and her involvement with the Giving Machines in Kansas City.Â
For more information about the giving machines, click this link: https://www.churchofjesuschrist.org/welcome/christmas/light-the-world/giving-machines?lang=eng
Looking for volunteer opportunities? Check out JustServe: https://www.justserve.org/
Charitable Giving Special Episode (With Tammy Reid)
In this week's special episode, Mike talks to Tammy Reid, wife of head coach Andy Reid, about the joy of giving, and the Giving Machines located in Union Station in Kansas City (and elsewhere). Mike and David also discuss finding purpose in your encore years, and how giving of your time and talents can help you find purpose in retirement.Â
Giving Machines: https://www.churchofjesuschrist.org/welcome/christmas/light-the-world/giving-machines?lang=eng
JustServe: https://www.justserve.org/
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.co...
Different Ways to Gift While Minimizing Your Taxes
“Hey Mike, what are smart ways to donate to charities?”
Discover different ways to lower your tax bills while getting more of your money to a church or charity.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Why You May Want to Diversify by Strategy, not Just by Positions
“Hey Mike, what’s your favorite strategy or method for managing a portfolio?”
Discover the difference between active and passive management, while acknowledging the difference between trading stocks and funds.Â
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Breaking Down Senior Healthcare Options
“Hey Mike, which is better, Original Medicare, Supplement (Medigap) Plans, or Advantage Plans?”
Discover why there’s no perfect solution for senior healthcare plans and how to research which is right for you.Â
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
The Problem with Average Annual Returns
“Hey Mike, what’s a common misconception you run into with DIY investors?”
Discover why buying and holding ETFs may not be as good of a strategy as you may believe.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
An Introduction to Kedrec Wealth’s Bear-Market Protocol
“Hey Mike, can you explain in more detail your "Bear Market Protocol?’”
Discover different ways you can prepare now to take advantage of a market crash.Â
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Is the Fed Cutting Rates a Good Thing?
"Hey Mike, what should we know about the Fed cutting rates?"
Discover some of the cautionary flags you may want to consider as the Federal Reserve signals more rate cuts.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
How to Balance Purpose-Driven Work and When you Should Retire
"Hey Mike, I want to keep working but it’s getting in the way of my IRA to Roth Conversions. What can I do?"
Discover why your purpose and work may be more important than paying slightly less in taxes.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Different Markets to Consider When Putting Your Portfolio Together
"Hey Mike, the stock market seems overvalued. Do you think the real estate market is also overvalued?"
Discover the different markets you can invest in, and how some are influenced by others.Â
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Which Comes First: Social Security Optimization or Tax Minimization?
"Hey Mike, which should be done first, social security optimization or tax minimization planning?"
Discover why tax planning should be done before you optimize your social security benefits.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Why a Looming Potential Crash Should not Prevent You From Considering the Stock Market as a Part of Your Portfolio
"Hey Mike, I know I should be in the stock market, but I can’t get myself to go in since I think it’s going to crash. Is this normal? What else is there?Â
Discover how to diversify your assets by strategy and timeframe so you can appropriate expectations.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Be Cautious of Alleged Tax Loopholes
“Hey Mike, I’ve got many friends who have family businesses for retirement so they can write off their family travel and fun expenses. Does that really work?”Â
Discover why the fake businesses and other alleged tax loopholes don’t typically pass an audit.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Why Plans Could Change if You Saved More for Retirement
“Hey Mike, how does a retirement plan change if you have $250k saved vs $2.5 million.”
Discover why those who have less, even if they can afford to retire, may have more risk to consider.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Why Your 401(k) Growth Strategy May Not Work as Well in Retirement
“Hey Mike, I’ve managed my 401(k) my entire life; I just buy and hold index funds. Is retirement any different?”Â
Discover some of the risks associated with the idea that you can buy and hold your entire portfolio.Â
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Why the Tax Qualification of Your Dividends Matter
“Hey Mike, I want to use dividends as my primary source of retirement income. How would you put a dividend portfolio together?”Â
Discover the different ways your dividends are being taxed, and what you can do to potentially make it more efficient.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Year-End Planning Strategies Many Miss
“Hey Mike, aside from IRA to Roth conversions, what else should I do in my year-end planning?”Â
Discover many of the other year-end strategies that may be able to help you get more out of your money.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
What to Know About Roth IRAs
"Hey Mike, can you clarify what happens when funds go into a Roth IRA?"
Discover the rules behind Roth IRAs, contributions to Roth IRAs and IRA to Roth conversions, so you can be more deliberate in your tax planning.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Ways to Create a Retirement Plan with Liquid Investments
"Hey Mike, can you create a retirement plan only using liquid investments?"
Discover the hidden potential opportunity cost when you maintain liquidity on all of your assets.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Ways to Approach a Tax Efficient Real Estate Exit
"Hey Mike, how do you map out which rental homes to sell and which to push out?"
Discover ways to map out your tax efficient real estate exit so you can retire from being a landlord.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
What are the Potential Risks in Today's Market?
"Hey Mike, what risks concern you based on current market conditions?"
Discover various risks Mike believes retirees face in the near future.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
All of my Money is in a Savings Account. How do I Fund my Retirement?
"Hey Mike, I have $1,000,000 in my savings account from the sale of my business and nothing in 401(k). How does this change my retirement planning?"
Discover how your retirement plan change based on where you saved your money and how extensive your tax planning is.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Ways to Help Your Kids and Grandkids Outside the 529 Plan
"Hey Mike, are there other ways outside the 529 plan to help my grandkids get ahead in life?"
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Discover a couple of different ways you could help your grandkids get ahead. Remember, each path has its own benefits and detriments.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
What to Know About Lifetime Income From an Annuity
"Hey Mike, when someone pushes an annuity for lifetime income, the comparison is always in favor of the annuity. What are they not sharing?"
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Discover the risks few fully discuss when it comes to lifetime income from an annuity, and why it may not be an apples-to-apples comparison.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Is the 4% Rule Still Valid?
"Hey Mike, there are many strategies out there suggesting income around 8% to 9%. Why are advisors still talking about out the 4% rule?"
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Discover why it may not make sense to expect those higher rates to last and what to do to prepare for when things change.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
When IRA to Roth Conversions May Not be Beneficial
"Hey Mike, is there ever a situation where someone with IRA funds should not do IRA to Roth conversions?"
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Discover the nuance behind IRA to Roth conversions and when it may not make sense to do them, based on your overall goals.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
An Explanation of Buffered ETFs
"Hey Mike, can you explain buffered ETFs and which you’d use in different situations?"
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Discover how buffered ETFs work and different ways you may use them as a part of your plan and overall financial goals.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
Ways to Protect Older Adults Financially
"Hey Mike, I’ve got older family members who are getting taken advantage of financially; how can I stop this from happening?"
Discover ways to address siblings that may be taking advantage of older adults.Â
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
More Important: Growth or Tax Minimization?
"Hey Mike, which is more important, portfolio growth or tax minimization?"
Discover how tax minimization could get in the way of growing your wealth and why you may need to find the right balance for your specific situation.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.comÂ
What to Know About Long-Term Care Insurance Through an Annuity
"Hey Mike, can you really get long-care insurance though an annuity without any medical exams?"
 Discover the often-misunderstood parts of annuity income benefits that may help if you need long-term care assistance.
Text your questions to 913-363-1234.Â
Request Your Wealth Analysis by going to www.retireontime.com
