Andy Panko

Retirement Planning Education, with Andy Panko

Education EN ↓ 215 episodes

Teaching you all about IRAs & Roth IRAs, employer retirement plans, taxes, Social Security, Medicare, portfolio withdrawal strategies, annuities, estate planning and much more!

Author

Andy Panko

Episodes

#040 - Q&A edition...delaying Social Security, when to start a pension, RMDs on inherited IRAs, where to save cash and MORE! 15.09.2022 38:47

Listener Q&A where Andy answers questions about: How to calculate the increase to Social Security for delaying the start of benefits, or the decrease for starting benefits early What to consider with regards to when to start receiving a pension What Required Minimum Distributions ("RMDs") are necessary when inheriting an IRA from someone who inherited it from its original owner How b...

#039 - Health insurance options if you're retired and not yet eligible for Medicare 08.09.2022 30:01

Summary of the options for health insurance if you no longer have employer-sponsored health insurance and aren't yet 65 and therefore can't yet sign up for Medicare Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning...

#038 - Understanding Affordable Care Act ("ACA") health insurance and premium tax credit subsidies 01.09.2022 41:35

Explanation of health insurance offered through the Affordable Care Act (aka ACA or ObamaCare) and subsides for such insurance in the form of premium tax credits Links in this episode: IRS Form 8962 - here My YouTube video - Affordable Care Act Premium Tax Credits Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly...

#037 - There's a lot value in retirement planning, but it can't actually be measured 25.08.2022 41:48

Discussion of how there is a lot of value in retirement planning & investment management, but how it's impossible to actually quantify and measure that value Links in this episode: Link to my Rethinking65 article - "How Much Are Your Services Worth?" Link to FINRA BrokerCheck - here Link to my YouTube video - How to Find a Financial Advisor, Part 1 of 3 Link to my YouTube video...

#036 - Q&A edition...Roth conversion optimization, tax on crypto, when to start annuity payments and more! 18.08.2022 39:27

Listener Q&A where Andy answers questions about: Whether I prefer simplification or optimization in financial planning Roth conversion optimization Is crypto mining taxable How to buy I Bonds through tax return refunds What positions to sell when distributing from an IRA When to start annuity payments Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Reti...

#035 - Everything you wanted to know about long term care insurance, with Kerry Peabody (Part 2 of 2) 11.08.2022 39:27

Part 2 of 2 of the audio replay of my previous video with Kerry Peabody from Clark Insurance where we talked all about long term care insurance How to contact Kerry - https://www.clarkinsurance.com/long-term-care-insurance/ Replay of the original video - here Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning E...

#034 - Everything you wanted to know about long term care insurance, with Kerry Peabody (Part 1 of 2) 04.08.2022 39:14

Part 1 of 2 of the audio replay of my previous video with Kerry Peabody from Clark Insurance where we talked all about long term care insurance How to contact Kerry - https://www.clarkinsurance.com/long-term-care-insurance/ Replay of the original video - here Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning E...

#033 - Summary of different portfolio withdrawal strategies 28.07.2022 38:09

Explanation of the various portfolio withdrawal strategies Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#032 - Q&A edition...spousal Roth IRAs, 401(k) to Roth IRA conversions, self-funding LTC and more! 21.07.2022 39:21

Listener Q&A where Andy answers questions about: Spousal Roth IRAs 401(k) to Roth IRA conversions Splitting up IRAs to have different beneficiaries for each Investing money earmarked for potential future long term care expenses How I named my company, Tenon Financial IRS website link about direct vs indirect rollovers - here Facebook group - Retirement Planning Education (formerly Taxes in Ret...

#031 - What is a bond ladder? 14.07.2022 40:07

Explanation of a bond ladder and how to build one YouTube Video - "What is Sequence of Return Risk" YouTube Video - "Bonds, Bond Prices and Bond Yields" Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#030 - Dividend Investing and Equity Income Strategies, with Chris D'Agnes (Part 2 of 2) 07.07.2022 34:35

Part 2 of 2 of the replay of my previously aired Facebook live video with Chris D'Agnes, CFA, Partner and Co-Portfolio Manager at Hamlin Capital Management. Chris talked about the high dividend equity portfolio he manages and why dividends are an important part of investing for retirees Full video replay with Chris - here Facebook group - Retirement Planning Education (formerly Taxes in Retir...

#029 - Dividend Investing and Equity Income Strategies, with Chris D'Agnes (Part 1 of 2) 30.06.2022 56:00

Part 1 of 2 of the replay of my previously aired Facebook live video with Chris D'Agnes, CFA, Partner and Co-Portfolio Manager at Hamlin Capital Management. Chris talked about the high dividend equity portfolio he manages and why dividends are an important part of investing for retirees Full video replay with Chris - here Facebook group - Retirement Planning Education (formerly Taxes in Retir...

#028 - What is a LIRP, or Life Insurance Retirement Plan? 23.06.2022 50:05

Explanation of a LIRP, or Life Insurance Retirement Plan, which is ultimately an Indexed Universal Life insurance policy Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#027 - What is Modified Adjusted Gross Income, or MAGI? 16.06.2022 28:46

Explanation of the five different versions of Modified Adjusted Gross Income, or MAGI, you're likely to come across in retirement planning Downloadable MAGI summary handout - here What is MAGI YouTube video - here Understanding Medicare Premium Surcharges YouTube video - here Affordable Care Act ("ACA") Premium Tax Credits YouTube video - here What is Net Investment Income Tax YouTu...

#026 - Highlights of the 2022 Social Security Trustees Report 09.06.2022 38:08

Summary of the key points in the 2022 Social Security Trustees Report 2022 Social Security Trustees Report - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#025 - Introduction to Social Security 02.06.2022 35:49

The basics of the Social Security system YouTube video - Introduction to Social Security YouTube video - Calculating your Social Security Primary Insurance Amount YouTube video - Are Social Security Benefits Taxable? YouTube video - When to claim Social Security YouTube video - Social Security myths and Q&A Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube c...

#024 - What should retirees or near-retirees do as a result of the bad markets and high inflation? 26.05.2022 36:33

Actions retirees and near-retirees should (and shouldn't) consider doing as a result of bad financial markets and high inflation YouTube video - What is the 4% Rule? YouTube video - How much money do I need to retire? Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newslett...

#023 - What is Tax Loss and Tax Gain Harvesting? 19.05.2022 26:57

Explanation of tax loss harvesting and tax gain harvesting, as well as an introduction to "wash sales" Links in this episode: YouTube video - What is Tax Loss Harvesting? YouTube video - What is Tax Gain Harvesting? YouTube video - What is Tax Loss and Tax Gain Harvesting? Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning...

#022 - All about annuities, Part 3; Variable annuities, Indexed annuities and withdrawal riders 12.05.2022 39:55

Summary of variable annuities, indexed annuities and a Guaranteed Living Withdrawal Benefit rider Links in this episode: YouTube video - What is a Variable Annuity? YouTube video - What is an Indexed Annuity? YouTube video - What is a Fixed Indexed Annuity with Income Rider? Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Educatio...

#021 - All about annuities, Part 2: Income annuities and payment options 05.05.2022 38:51

Summary of immediate and deferred income annuities, and explanation of the different annuity payment options available Links in this episode: YouTube video - What is an Income Annuity? www. ImmediateAnnuities.com Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retir...

#020 - All about annuities, Part 1: Introduction and MYGAs 28.04.2022 34:07

The basics of annuities and details about Multi-Year Guaranteed Annuities ("MYGAs") Links in this episode: YouTube video - Understanding Annuities YouTube video - What is an Income Annuity? YouTube video - What is a Variable Annuity? YouTube video - What is an Indexed Annuity? YouTube video - What is a Fixed Indexed Annuity with Income Rider? YouTube video - What is a Qualified Longevity...

#019 - What are I Bonds? 21.04.2022 37:06

Everything you ever wanted to know about I Bonds Links in this episode: TreasuryDirect - here CPI-U monthly data - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#018 - What is Monte Carlo simulation? 14.04.2022 31:38

Explanation of Monte Carlo simulation in retirement planning Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#017 - What are the alternatives to bonds and bond funds? 07.04.2022 30:20

Discussion of the pros and cons of possible alternatives to using bonds or bond funds in your portfolio Links in this episode: My YouTube video about fixed indexed annuities - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#016 - What are bonds and bond funds? 31.03.2022 34:18

Explanation of bonds and bond funds; how they work, what risks they have, what their purpose is, etc. Links in this episode: My YouTube video about bonds and bond funds - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights