Kickin' with The Rickens: Redefining Retirement

This week, Gerry and Heidi discuss the importance of planning for long-term care as part of retirement. They share personal concert experiences to lighten the mood before diving into the serious topic of long-term care, emphasizing that 70% of people will need some form of care in their lifetime. The conversation highlights the misconceptions surrounding Medicaid and the necessity of understanding...

This week on Kickin' With The Rickens, Gerry and Heidi discuss the importance of finishing the year strong financially, especially with the upcoming changes in tax rates. They explore various strategies such as maximizing HSAs, considering Roth conversions, and understanding required minimum distributions (RMDs). For more information or to ask your own question, visit  www.rickenfinancial.com See...

Gerry Ricken and Heidi Ricken Provost describe the confusion that clients have about different types of IRAs, how they compare to annuities, and what different, basic tax terms mean. They also coach people on what they can do well before retirement that can potentially save them a larger tax burden later in life. They also discuss their pursuit of good Octoberfest beers in the St. Louis area. For...

This week, Heidi Ricken Provost discusses the challenges of DIY investing and the benefits of working with a financial advisor. She highlights the importance of having access to different investment strategies, such as life insurance and annuities, and the potential risks of relying on internet advice. Heidi also emphasizes the need for professional guidance when it comes to complex financial topi...

In this episode, Heidi Ricken Provost discusses various scams and generalities that retirees should be aware of. She shares personal experiences with Facebook scams and emphasize the importance of having a comprehensive financial plan. She debunks the idea that there is a specific dollar amount retirees need to save and highlights the significance of how and where the money is saved. She also enco...

On this week's episode, Gerry Ricken and Heidi Ricken Provost discuss the concept of harvesting tomatoes as a metaphor for retirement planning. They emphasize the importance of taking advantage of market highs and preserving assets for a secure retirement. They also discuss the role of fixed indexed annuities in providing guaranteed income and protection from market downturns. Additionally, they m...

This week, Gerry Ricken and Heidi Ricken Provost discuss life insurance and its living benefits. They explain that life insurance is no longer just for the death benefit, but also offers tax advantages and access to funds for future needs. They discuss the different types of permanent life insurance and how it can be used to pay off debt, provide tax-free income, and cover long-term care expenses....

This week, Gerry Ricken and Heidi Ricken Provost discuss various topics including running with the Olympic torch, the importance of Life Insurance, but specifically death benefits that protect you and your family. For more information or to ask your own question, visit www.rickenfinancial.com See omnystudio.com/listener for privacy information.

In this week's conversation, Gerry Ricken and Heidi Ricken Provost discuss various topics related to retirement and personal finance. They dive into a discussion about the importance of communication and faith in a successful marriage. The conversation then transitions to the topic of debt and strategies for paying it off. They emphasize the need to spend within one's means, build an emergency fun...

This week, Gerry Ricken and Heidi Ricken Provost discuss the recent computer glitch that affected various industries, including the airline industry. They highlight the importance of not relying too heavily on technology and the need for strategies to reduce financial risk. They also emphasize the emotional aspect of money and the need to make logical decisions when it comes to financial planning....

In this episode of Kickin' with the Rickens, Gerry Ricken and Heidi Ricken Provost discuss the role of a retirement planner and the importance of retirement planning at different stages of life. They emphasize the need for early planning, even for young adults and children, and highlight the benefits of tax-efficient retirement planning. The conversation also touches on the impact of current event...

This week, Heidi & Gerry Ricken discuss the importance of creating core memories and bucket list experiences in retirement. They share personal stories of traveling with family and the value of these moments. The conversation then transitions to the ABCs of retirement and specifically focuses on taxation and social security. They explain how social security benefits are taxed based on combined...

In this conversation, Heidi & Gerry Ricken discuss the ABCs of retirement, focusing on social security. They cover topics such as credits, earning records, full retirement age, and cost of living adjustments. They also address concerns about the future of social security and the importance of having a backup plan. For more information or to ask your own question, visit www.rickenfinancial.com...

Gerry and Heidi are back this week to continue the discussion about the ABC's of retirement planning. They talk about various topics related to retirement planning, including Medicare, Medicaid, and IRMAA. Gerry and Heidi explain the basics of Medicare and how it is a government-administered health insurance program for retirees aged 65 and above. They also touch on IRMAA, which stands for Income...

This week, Gerry and Heidi discuss the ABC's of retirement planning. They cover topics such as IRAs and the difference between traditional and Roth IRAs. They also explain qualified and non-qualified accounts and the importance of understanding the tax implications of each. The conversation concludes with a discussion on Required Minimum Distributions (RMDs) and the penalties for not taking them....

Gerry Ricken discusses the joys and challenges of working with family members, specifically the experience of working with his daughter Heidi at Ricken Financial. He talks about the benefits of having a family member as a business partner, such as having a sounding board and someone with different perspectives. He also discusses the challenges of working with family, including having blunt convers...

This week the Rickens discuss various risks associated with retirement planning, including market risk, longevity risk, lifestyle risk, tax risk, inflation risk, and healthcare risk. They talk about the importance of planning for these risks and offer a comprehensive 'retirement you deserve' plan to address them. They also discuss the impact of legislative changes and the fear of outliving financi...

This week's conversation covers the topics of SIBS Camp, emergency funds, and retirement planning. It delves into the importance of emergency funds for different stages of life, including working individuals and retirees. The Rickens emphasize the need for personalized plans and the impact of emergencies on financial stability. For more information on SIBS Camp and Camp Rainbow, please visit https...

The team at Ricken Financial recently held and education seminar and came back with answers to the most common questions about taxes, social security and retirement income.  For more information or to ask your own question, visit www.rickenfinancial.com   See omnystudio.com/listener for privacy information.

Gerry has returned from eye surgery and details his unexpected surgery but also stresses the importance of having a healthcare plan.  For more information visit www.rickenfinancial.com See omnystudio.com/listener for privacy information.

Heidi Ricken Provost talks about the complications when customizing a plan for women. There are different steps that need to be taken, but there is also one opportunity most females overlook.  For more information visit www.rickenfinancial.com  See omnystudio.com/listener for privacy information.

This one hits home as Gerry Ricken had unplanned surgery that caught the entire team at Ricken Financial off guard. So what happens if an emergency disrupts your life? Car accident, a tree falls on your house, medical situation or even an unexpected divorce? Heidi explains how to protect yourself in the event of an emergency.  For more information visit www.rickenfinancial.com  See omnystudio.com/...

We dream of the day we can clock out for the last time and for some adults that day may come earlier than expected. But aside from the joys of an early retirement, there are also some drawbacks. Join us for a discussion on the pros and cons of an early retirement.  For more information visit www.rickenfinancial.com   See omnystudio.com/listener for privacy information.

Is it fair to set a specific amount needed for your retirement? Can you prepare for a 10-20 year retirement on the 2024 market? Heidi and Gerry detail how to best prepare a retirement plan so you never run out of money when you clock out for the last time.  For more information or to schedule a consultation visit online. Learn more about the Rickens on social: Facebook and Instagram See omnystudio...

There is no way of avoiding taxes (legally), but there are actually some opportunities for tax strategies that could benefit your portfolio. Plus, Gerry explains what a proper portfolio and NCAA basketball has in common.  For more information or to schedule a consultation visit online. Learn more about the Rickens on social: Facebook and Instagram See omnystudio.com/listener for privacy informatio...