Retire Stronger

In this episode of Retire Stronger, John Foard and Bill Kearney discuss the critical importance of understanding Required Minimum Distributions (RMDs) and the potential financial pitfalls of waiting until age 73 to address them. They emphasize the need for proactive tax planning, particularly through strategies like Roth conversions, to minimize tax liabilities and maximize retirement income. The...

In this episode of Retire Stronger, hosts John Foard and Bill Kearney discuss the complexities of Social Security taxation, revealing that up to 85% of benefits can be taxed. They emphasize the importance of understanding provisional income and the common mistakes retirees make regarding withdrawals and tax planning. The conversation also covers strategies to minimize taxes on Social Security, inc...

In this episode of Retire Stronger, John Foard and Bill Kearney discuss the critical aspects of retirement income planning. They emphasize the importance of having a structured income plan that goes beyond mere accumulation of wealth. The conversation covers the creation of a personal retirement income plan, the retirement paycheck system, withdrawal strategies, and the bucket approach to managing...

In this episode of Retire Stronger, John Foard and Bill Kearney discuss the five biggest retirement mistakes that can derail even the most diligent savers. They emphasize the importance of early tax planning, understanding sequence of returns risk, estimating healthcare and long-term care costs, developing a clear withdrawal strategy, and planning for longevity risks. The hosts provide actionable...

In this episode, John Foard and Bill Kearney discuss the pitfalls of the 'set it and forget it' approach to retirement planning. They emphasize the importance of actively managing retirement accounts, reviewing strategies regularly, and adapting to life changes. Through real-life examples, they illustrate the consequences of neglecting retirement planning and provide actionable steps to en...

In this episode of Retire Stronger, Bill Kearney and John Foard discuss significant changes in retirement legislation, referred to as the 'Big Beautiful Bill.' They explore the implications of these changes on retirement planning, including earlier required minimum distributions, mandatory Roth contributions for high earners, and new inherited IRA rules. The hosts emphasize the importance...

In this episode of Retire Stronger, hosts John Foard and Bill Kearney delve into the concept of Net Unrealized Appreciation (NUA), a tax strategy that can significantly benefit individuals with substantial company stock in their 401k plans. They explain how NUA works, who should consider it, and the potential tax savings it offers compared to traditional withdrawal methods. The conversation includ...

In this episode of Retire Stronger, hosts John Foard and Bill Kearney delve into the critical role of CPAs in tax planning for retirement. They clarify the distinction between CPAs as tax preparers versus tax planners, emphasizing the importance of proactive tax strategies to avoid future tax burdens. The discussion covers effective tax planning strategies, the limitations of CPAs, and actionable...

In this episode of the Retire Stronger podcast, hosts John Foard and Bill Kearney discuss how to navigate bear markets with strategic tax planning. They explore the opportunities that arise during market downturns, including tax loss harvesting, Roth conversions, rebalancing portfolios, and smart gifting strategies. The conversation emphasizes the importance of proactive planning and making inform...

In this episode of Retire Stronger, hosts John Foard and Bill Kearney discuss the three essential keys to a successful financial plan: consistency, commitment, and confidence. They emphasize the importance of having a structured retirement income plan and the need for regular reviews with financial advisors. The conversation highlights real-world examples and client stories to illustrate how these...

In this episode of Retire Stronger, hosts John Foard and Bill Kearney delve into the critical yet often overlooked strategy of asset location in retirement planning. They discuss the differences between asset location and asset allocation, the various types of investment income and their tax implications, and provide a blueprint for optimal asset location. The conversation includes real-life examp...

In this episode of Retire Stronger, hosts John Foard and Bill Kearney delve into the critical decision-making process surrounding Roth and Traditional IRAs for individuals over 50. They explore the nuances of each account type, the importance of tax strategy, and the factors influencing retirement income planning. The discussion emphasizes the significance of tax diversification, legacy planning,...

In this episode of the Retire Stronger podcast, hosts John Foard and Bill Kearney delve into the complexities of the U.S. debt ceiling, its implications for the economy, and how it affects retirement planning. They discuss the nature of the debt ceiling, the consequences of breaching it, the role of credit ratings, and strategies for managing financial risks in retirement. The conversation emphasi...

In this episode of the Retire Stronger podcast, hosts John Foard and Bill Kearney delve into the complexities of 401k plans, highlighting how they can become tax traps for retirees. They discuss the historical context of 401k plans, the psychology behind tax deferral, and the potential pitfalls of relying solely on these accounts for retirement savings. The conversation emphasizes the importance o...

In this episode of the Retire Stronger Podcast, hosts John Foard and Bill Kearney delve into the critical differences between average returns and compound annual growth rate (CAGR). They explore why understanding these concepts is essential for investors, highlighting how average returns can be misleading and the importance of CAGR in accurately assessing investment performance. The discussion inc...

In this episode of the Retire Stronger Podcast, hosts John Foard and Bill Kearney delve into the critical topic of inflation risk, particularly its implications for retirees and long-term investors. They discuss how inflation erodes purchasing power, the historical context of inflation rates, and the relationship between inflation and interest rates. The conversation also covers various factors in...

In this episode, John Foard and Bill Kearney discuss the complexities of market volatility, emphasizing the emotional toll it takes on investors. They explore historical data on market declines, the implications of the Rule of 100 for portfolio allocation, and the importance of hedging strategies to mitigate risks. The conversation highlights the necessity of staying invested for long-term growth...

In this episode of the Retire Stronger podcast, John Foard and Bill Kearney delve into tax optimization strategies for retirement. They discuss various methods to minimize tax burdens, including withdrawal order strategies, Roth conversions, tax loss harvesting, and understanding required minimum distributions (RMDs). The conversation also covers optimizing social security benefits, utilizing tax-...

In this episode, John and Bill discuss the concept of tax optimization in retirement planning. They explain how structuring assets and income can lead to more tax-efficient outcomes for retirees. The conversation covers the three main tax buckets: taxable, tax-deferred, and low/no tax, and emphasizes the importance of balancing these buckets to minimize tax liabilities. They also touch on the impl...

In this episode of the Retire Stronger podcast, host John Foard and Bill Kearney delve into the critical concept of sequence of return risk and its implications for retirement planning. They explain how the order of investment returns can significantly impact a retiree’s portfolio, especially during the early years of retirement when withdrawals are being made. The discussion includes illustrative...

In this episode of the Retire Stronger podcast, John and Bill discuss Roth conversions and the considerations to keep in mind when deciding if it's the right strategy for retirement income planning. They cover topics such as the basics of a Roth conversion, tax considerations, timing, and the impact on Social Security and Medicare benefits. They emphasize the importance of understanding your speci...

In this episode, John and Bill discuss the topic of excess withdrawal risk in retirement planning. They highlight the challenges of determining withdrawal rules and the potential risks associated with relying on a fixed percentage rule. They emphasize the importance of holistic financial planning and understanding household cashflow. The conversation also touches on the impact of excess withdrawal...

In this episode, John and Bill discuss the topic of longevity risk and its impact on retirement planning. They start by explaining the concept of retirement risks and the goal of experiencing a worry-free retirement. They then delve into the history of retirement and how it has evolved over the years. The conversation highlights the shift in responsibility for retirement planning from companies to...

In this episode, Bill Kearney and John Foard introduce themselves and their firm, Crown Advisors. They discuss their backgrounds as financial planners and the reasons behind their decision to form a partnership. The main focus of their firm is helping clients with income planning and tax management for retirement. They emphasize the importance of creating a comprehensive financial plan and the rol...