Retirement Answers

Latest Episodes:

Annuities (Part 1): What Are Annuities? May 16, 2023

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Ahhhh... Annuities.

We have all heard of them, but do we really know what they are and how they work? the reality is that most people don't truly understand them and it's not their fault. These products are really confusing with a lot of moving parts.

In today's episode, I explain some of the basics that you should know about annuities. Be sure to tune in next week for Part 2 of this series where I will share the biggest pitfalls of annuities and why I'm not a fan of them.

Enjoy the show!

5 Common Investing Mistakes to Avoid May 09, 2023

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As a financial planner, I have heard it all when it comes to investing...

"My friend said this company was about to go crazy!"

"Did you see what they said on the news?!"

But rarely do people make money on those hunches... In today's episode, I share 5 common investing mistakes I see and how to avoid them.

I hope you enjoy the show!

How is Social Security Taxed? May 02, 2023

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One of the biggest decisions you will make in retirement is when to take Social Security! I have found that understanding how Social Security taxation works is important to your overall retirement plan.

In this episode, I talk through how Social Security is taxed and share some ideas around why this is important to consider. I hope you enjoy the show!

Email: jacob.duke@appliedcapital.com

How Much Do I Need To Retire? Apr 25, 2023

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Are you trying to figure out how much you need to have saved to successfully retire? Well, in today's episode I share how you can quickly get to a rough estimate of how much you need to retire.

I also discuss a few of the common "rules of thumb" and how they might not be the best ways to figure out if you can retire.

Enjoy!

$100k Tax-Free Retirement Income! Apr 18, 2023

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What if you could have $100k of income in retirement entirely tax-free?! Well, in this episode, Jacob Duke, CFP® shares exactly how one of his clients is doing just that.

Be sure to stick around to the end for tips around how you can accomplish this as well.

Enjoy the show!

7 Tax Planning Tips to Consider Apr 11, 2023

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Taxes are one if the biggest headwinds retirees will face. In this episode, I share 7 different ways you can lower your tax bill both now and throughout your retirement.

I hope you enjoy the show!

Tax Diversification Apr 04, 2023

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We know how important it is to be diversified in our investments... But are you aware of how important it is to be tax-diversified for retirement?

By having tax diversification, you can create flexibility before and during retirement as you can choose where you pull income from. Also, being tax-diversified can lower your tax bill throughout retirement.

Enjoy the show!

My Thoughts on Silicon Valley Bank Mar 15, 2023

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You've probably heard about the failure of Silicon Valley Bank. In this episode, I share my thoughts on the whole situation and what we can learn from it.

Enjoy!

Taxes on Roth Conversions, How 401ks are Taxed, & Offsetting Dividends with Capital Losses Mar 07, 2023

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In this episode of Retirement Answers, I discuss: