Ep 138: Inherited IRAs - 3 Types of Beneficiaries
Retire With Peace
In this episode, Dave Zaegel discusses the complexities of inherited IRAs, focusing on the new rules established by the Secure Act and the importance of understanding different types of beneficiaries. He emphasizes the need to name beneficiaries to avoid unfavorable tax situations and outlines the distinctions between non-designated, non-eligible designated, and eligible designated beneficiaries. The conversation also touches on planning strategies for maximizing tax efficiency when inheriting IRAs. Takeaways Inherited IRAs have new rules effective in 2025. Naming a beneficiary is...
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Ep 137: US News Article Review - Still Plan for 95?
Retire With Peace
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the importance of planning for retirement, particularly the debate around whether retirees should plan to live until age 95. He emphasizes the need for a conservative approach to retirement planning, considering potential medical advances and the risk of outliving one's savings. Additionally, he encourages retirees to spend more in their early years to enjoy life while they are still active, balancing the need for financial security with the desire for enjoyment in retirement. Takeaways Most financial advisors...
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Ep 136: Nerdwallet Article Review - 5 Steps to Retirement Planning
Retire With Peace
Summary In this episode of the Retire with Peace podcast, host Dave Zaegel discusses an article from NerdWallet titled 'Five Steps to Retirement Planning in 2025.' He emphasizes the importance of starting retirement planning early, understanding income needs, prioritizing financial goals, choosing the right retirement plan, and selecting appropriate investments. Zaegel provides insights and personal thoughts on each step, encouraging listeners to take a proactive approach to their retirement planning. Takeaways Start retirement planning as early as possible, ideally five years before...
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Ep 135: Forbes Article Review - 6 Essential Items
Retire With Peace
In this episode of the Retire with Peace Podcast, host Dave Zaegel reviews a Forbes article by Joel Johnson that outlines six essential items for a retirement planning checklist. He emphasizes the importance of having a financial game plan, planning for healthcare and long-term costs, understanding social security benefits, creating a tax-efficient income strategy, and diversifying income sources. Each point is discussed in detail, providing listeners with valuable insights into effective retirement planning. Takeaways Having a financial game plan is crucial for retirement. Planning...
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Ep 134: Deepseek and Tariffs
Retire With Peace
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses recent market fluctuations triggered by events such as the announcement of a new AI model by DeepSeek and tariffs imposed by the government. He emphasizes the importance of maintaining a long-term investment strategy and having a solid financial plan in place to weather market volatility. Zaegel reassures listeners that with proper planning, they can avoid panic during market downturns and focus on their long-term financial goals. Takeaways Recent market fluctuations can be unsettling but are often temporary....
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Ep 133: Can I Buy the Boat?
Retire With Peace
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the common question retirees face regarding large purchases, using the metaphor of buying a boat. He introduces the concept of retirement income guardrails as a tool to help retirees make informed financial decisions without extensive analysis. The episode emphasizes the importance of having simple tools to quickly assess financial situations and gain confidence in making significant purchases during retirement. Takeaways Retirees often question if they can afford big purchases. The metaphor of 'buying a boat'...
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Ep 132: What Tax Cuts Are Set to Expire?
Retire With Peace
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the implications of the Tax Cuts and Jobs Act, which is set to expire at the end of 2025. He emphasizes the uncertainty surrounding potential tax changes and highlights key provisions that could impact retirement planning, including changes to tax rates, standard deductions, and various tax credits. The conversation aims to prepare listeners for the upcoming tax landscape and its effects on retirement strategies. Takeaways The Tax Cuts and Jobs Act is set to expire at the end of 2025. There is uncertainty...
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Ep 131: Consistency Is Key
Retire With Peace
In this episode, we uncover the hidden truth about long-term wealth building that the financial elite don’t want you to know. Forget chasing big wins and market timing—success comes from consistency, discipline, and strategic planning. Key Takeaways: ✔️ Consistency beats volatility – Slow and steady wins the wealth race. ✔️ Bigger wins come over time – Patience and strategy are key. ✔️ Have 5 years of income saved – Security is crucial for weathering downturns. ✔️ Stop trying to time the market – It’s a losing game in the long run. ✔️ Stay the course...
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Ep 130: Rule of 72
Retire With Peace
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the Rule of 72, a simple mathematical formula that helps investors understand how long it will take to double their money based on a given rate of return. He emphasizes the importance of considering volatility and the average rate of return when planning for retirement. Zaegel also explains how to apply the Rule of 72 in retirement planning, advocating for a strategy that includes a mix of income-generating investments and growth-focused investments to ensure financial stability and growth over time. Takeaways ...
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Ep 129: Tax Benefits Come from Planning
Retire With Peace
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the critical importance of long-term tax planning. He emphasizes that effective tax savings come from a broader perspective rather than focusing solely on the current year's tax situation. Through real-life examples, Zaegel illustrates how overlooking future tax implications can lead to missed opportunities and potential financial pitfalls. He encourages listeners to adopt a long-term view in their tax strategies to optimize their financial outcomes. Takeaways Tax planning should focus on long-term benefits,...
info_outlineIn this episode, Dave Zaegel discusses the importance of being healthy in order to retire with peace. He emphasizes the need to prioritize health alongside wealth and shares his personal journey to getting healthy. The main focus of this episode is on the importance of eating enough protein and how it can contribute to overall health and weight loss. Dave provides tips on calculating protein intake and suggests dividing it into multiple meals throughout the day. He also highlights the benefits of eating enough protein, including improved immune function and overall well-being.
Takeaways
- Being healthy is essential for enjoying retirement.
- Eating enough protein is crucial for overall health and weight loss.
- Calculate protein intake based on ideal body weight.
- Divide protein intake into multiple meals throughout the day.
- Focus on what goes into your body and keep calories under control.
Chapters
00:00 Introduction: Prioritizing Health and Wealth
03:19 The Importance of Eating Enough Protein
08:36 Calculating and Dividing Protein Intake
11:01 The Benefits of Eating Enough Protein
12:28 Conclusion: Focusing on What Goes into Your Body