What are Restricted Stock Units (RSU's) and How To Prepare

Hey everyone! 🎙️ Excited to share the latest episode of the Functional Retirement Podcast with you! Today, we're diving into the age-old question: Is taking Social Security early crazy? Let's find out together! #retirementplanning

In this episode, we explore the psychology behind starting Social Security at 62. Are you driven by a sense of ownership, fear of loss, or a desire to pass on your estate? Join us as we uncover the motivations behind early benefit claims. #Retirement #Finance

Links Mentioned:
https://www.savvysocialsecurity.com/article.aspx?a=99480

https://crr.bc.edu/the-psychology-behind-starting-social-security-at-62/

https://crr.bc.edu/social-securitys-longevity-insurance-protects-those-with-uncertain-life-expectancies/

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

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DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

In this episode of the Functional Retirement Podcast, certified financial planner Thatcher Taylor dives into the topic of getting tax-free income in retirement through a backdoor Roth conversion. He breaks down the technique and discusses whether it makes sense for your financial situation.

Throughout the episode, Thatcher delves into the specific elements of the backdoor Roth conversion, including income limits for Roth IRA contributions, the conversion process, the pro rata rule, and the necessary reporting forms. He also discusses the importance of evaluating your tax situation to determine if a backdoor Roth conversion is the right strategy for you.

Don't miss out on this valuable information that can help you maximize your retirement income and achieve your financial goals. Tune in now and start planning for a tax-free retirement!

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

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DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

👉In this episode of the Functional Retirement Podcast, host Thatcher Taylor dives into the topic of Roth conversions. Join Thatcher as he answers listener questions and breaks down the ins and outs of Roth conversions, including how they work, potential penalties, and whether or not they are right for you.👈

📈Discover how Roth conversions fit into your overall retirement portfolio and gain valuable insights for planning your financial future. 

🎆Don't miss out on this informative and thought-provoking episode!

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
https://propath.ck.page/60fab1df4d

DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

📈In this episode of the Functional Retirement Podcast, host Thatcher Taylor dives into the world of annuities. If you've noticed that your annuity hasn't performed as expected, this episode is for you. Thatcher explores the options available to you when working with your annuities after having them for a while. 

✅Learn about the importance of planning and preparing for annuity decisions, understanding your type of annuity, and how to make the most of it. Don't miss out on this informative episode that will help you navigate the complexities of annuities and make informed decisions for your financial future.✅

Do you ever wonder if that annuity salesman was suggesting the product for you? Or if an annuity was even a good fit? Or what an annuity even is? Well, this is the podcast for you. Check out Ep:015 https://youtu.be/xJ9Z96C9mdE 

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
https://propath.ck.page/60fab1df4d

DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

In this episode of the Functional Retirement Podcast, host Thatcher Taylor delves into the rules surrounding spousal benefits and two specific strategies for maximizing them in retirement. He explains the scenarios of a spouse taking the spousal benefit early and switching to their benefit later, as well as a spouse taking their benefit early and later taking the spousal benefit. Thatcher emphasizes the importance of understanding these strategies to potentially gain thousands of dollars in retirement. Please note that the host is currently recovering from surgery, hence the unusual background.

www.propathfinancial.com/post/spousalbenefits

💵 Worried about retirement income? You're not alone! But there's a secret weapon you might not know about spousal benefits. This episode discusses 2 separate strategies that are often confused. One works and one doesn't.

⌛Don't miss out on this golden opportunity! Learn the rules, the timing, and the potential rewards of smart retirement moves. Whether you're planning ahead or already drawing benefits, this episode is your guide to maximizing your joint income in the golden years.

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
https://propath.ck.page/60fab1df4d

DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

In this episode of the Functional Retirement Podcast, host Thatcher Taylor dives into the topic of whether or not Social Security and Medicare are ready for you. With five key topics of discussion, including customer service, disability, cost of living adjustments, inherited IRAs, and reverse mortgages.

 Thatcher breaks down the complexities and potential operational difficulties that could arise when making decisions about social security and Medicare. Don't miss out on this informative episode that will help you navigate the complexities of retirement planning.

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
https://propath.ck.page/60fab1df4d

DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

In this episode of the Functional Retirement Podcast, host Thatcher Taylor dives into the 10 rules of investing.  He shares his thoughts on each rule and whether he agrees or disagrees as a financial planner. But the real highlight of this episode is when Thatcher delves into the topic of investment management based on retirement income distribution strategies. He breaks down different types of retirement investors and how their strategies may vary. 

Whether you're a risk-taker or prefer a more conservative approach, Thatcher offers valuable insights to help you make informed investment decisions. Tune in now to gain a deeper understanding of investing and how it can support your retirement goals. 

✅Don't forget to like, subscribe, and leave a comment with your thoughts on investment strategy.✅

Are you over age 50 and need retirement help?
🤝 Schedule a free consultation https://www.propathfinancial.com/get-started

Not ready yet? No problem...
 
Learn How To Get Worry-Free Retirement Income👉 https://www.propathfinancial.com/guides

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
https://propath.ck.page/60fab1df4d

DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

Retirement shouldn't be a mystery. But at 62, the question looms: tap into Social Security early or dive into your IRA? This episode is your ultimate decoder ring, cracking the code on this crucial decision.

Dive deep with us as we explore:

• IRMAA surcharges: Don't let these tax penalties blindside you! Learn how to navigate them and keep your retirement nest egg secure.
• Taxation tango: Understand the tax implications of both options and plan your withdrawals like a pro.
• Bigger benefits: Tempting, right? We break down the trade-off of claiming Social Security early and the potential long-term impact.
• COLAs: Cost-of-living adjustments can be your retirement hero. Discover how they work and maximize their benefits.
• Health matters: Don't forget your well-being! We discuss potential health insurance considerations when making this key decision.
• And much more! From bridges to Roth conversions, we leave no retirement stone unturned.

Whether you're an early bird or a nest egg nestler, this episode is your roadmap to a confident and financially secure retirement. So, grab your headphones, pop the kettle on, and join us for this essential retirement planning masterclass!

Don't wait, tune in now and unlock the door to your golden years!

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
https://propath.ck.page/60fab1df4d

DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

Do you have a fat retirement nest egg... and a tiny spending fist? You're not alone! Many retirees are frozen by fear, hesitant to spend their hard-earned cash. But it's time to break free! This episode is your guide to overcoming spending anxiety and unlocking a more joy-filled retirement. Discover:

Why you might be a "tightwad" in retirement (even if you weren't before!)
The difference between "maximizers" and "satisficers" and how it impacts your spending.
Strategies for finding YOUR perfect middle ground between frugality and extravagance.
Tips for overcoming guilt and embracing guilt-free spending.

✅Don't forget to leave a review and subscribe for more informative content✅

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
https://propath.ck.page/60fab1df4d

DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

👉Ditch the rocking chair and embrace the possibilities! Are you nearing retirement and feeling a mix of excitement and uncertainty? You're not alone. Transitioning to retirement can be a rollercoaster of emotions, practical challenges, and financial adjustments. But it can also be the door to a fulfilling and vibrant new chapter.

This podcast is your guide to navigating the journey from "worker" to "retiree" with confidence and clarity. We'll explore key strategies for:

✅Easing out of your career: Learn about phased retirement, negotiation tips, and leaving a lasting legacy.
✅Redefining your identity: Discover how to find purpose beyond work, embrace new passions, and stay connected.
✅Managing your finances: Unpack income sources, budgeting strategies, tax optimization, and healthcare considerations.

Whether you're planning your exit strategy or just starting to envision your retirement life, this podcast is for you. Get ready to shed outdated stereotypes and embrace the exciting possibilities that await!

✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!

Are you over age 50 and need retirement help?
Schedule a free consultation https://www.propathfinancial.com/get-started

Subscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirement

Join The Newsletter For All Wealth Building Tactics
https://propath.ck.page/60fab1df4d

DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.