Last week, it was Year-End Checklist time … this week it’s Tax To-Do’s with guest CPA, Jon Sluis, of Intrust CPA. Jon is a regular on our program who offers unique insights for our listeners. Not only will he remind us of what we should be looking at right now, he will weigh in on a few government tax proposals we may need to consider. It’s also a good time to talk about the cost of converting to a Roth IRA and determining if that is the right choice for you.
As always, this will be a fast-paced, action-packed program. Be ready to take some notes and don’t forget to call in LIVE with your questions.
It may seem like it’s TOO SOON to start your year-end checklist but .... we have tax deadlines, charitable contributions and conversion deadlines too! Just when you thought retirement planning was boring, the season changes.
It’s also a great time to consider doing what you’ve thought about doing but haven’t. It’s time to consolidate your retirement accounts for simplicity and access.
With only three months left in the year, why not get ahead of the New Year and plan now!
In this Real Retirement Story, I (Shea) interview my good friend, Barb Mahan, about losing her daughter, Abby, to a decade-long battle with cancer. The harsh and unfair reality of parents grieving the loss of an adult child is a topic I have hesitated to share knowing how deeply personal and traumatizing it is. However, Barb is special and Abby was very special. Their story is unique and offers so much hope alongside the suffering. To use Barb’s words, “Time doesn’t heal the wound, but it leaves a scar, and I’m happy for the scar that reminds me of Abby.”
Tune in today to hear the real, raw reality of how Barb and her husband, Dave, rearranged their lives and retirement plans after Abby was gone.
At the end of the interview, I was lucky enough to have Abby’s husband, Brian Gartland, read the eulogy he read at her funeral. As a gifted writer, he has documented their story in his book, On a Blue Moon.
In 2020, 3.2 million Americans retired, which is a 56% increase over the average 2.05 million Americans who retired between 2012 and 2019 (source: Pew Research Center). This is a staggering stat! What most folks forget to consider in their retirement plan is healthcare. Believe it or not, there are professionals who specialize in this, and we know who they are!
Join Laverna Witkop and Dawn McConnell from Ford Insurance Agency who are LIVE with us today. They will talk about the annual election period (AEP) for Medicare Advantage plan (October 15 through December 7). It’s time to review and pay attention to changes. This also might be a good time to jump in! Open enrollment for individual health insurance plans is from November 1 to December 15, with a possible extension.