Mastering Retirement Accounts: IRAs, Roths, Conversions & Tax Strategies
Providence Financial Retirement Show with Anthony Saccaro
Release Date: 07/07/2025
3 Keys to Smarter Retirement Tax Planning
Providence Financial Retirement Show with Anthony Saccaro
Most people think retirement success depends on the stock market, but one of the biggest factors that determines whether your money lasts isn’t what you invest in, it’s when and how you withdraw it. In this episode, we break down the 3 key tax levers that can dramatically impact your lifetime retirement income: Required Minimum Distributions, Roth Conversions, and Social Security. These income sources are deeply interconnected, and if you don’t coordinate them properly, you could pay far more in taxes than necessary. Learn how the sequence of withdrawals can matter even more...
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Emotional Investing v. Intentional Planning
Providence Financial Retirement Show with Anthony Saccaro
Investing isn’t hard because of math; it’s hard because of emotion. When the market’s up, confidence soars and it feels easy to believe the good times will keep rolling. But when the market dips, fear takes over, and that emotional roller coaster can lead to costly mistakes. In this episode, we explore the critical difference between reacting and reasoning, between emotional investing and intentional planning. You’ll learn how to: - Recognize the emotional traps that cause investors to buy high and sell low - Develop a disciplined plan that keeps you grounded through market ups and...
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Estate Planning: It's Not Just for the Wealthy - It's for the Wise
Providence Financial Retirement Show with Anthony Saccaro
When most people hear the words "estate plan", they picture the ultra-wealthy - people with vacation homes, mansions, and millions in the bank. But here’s the truth: estate planning isn’t about how much you have, it’s about what happens to your loved ones when you’re gone. In this episode, we’ll break down what an estate plan really is, and why everyday families in California need one. If you own a home or have more than $184,500 in assets, you could be subject to probate, a long and expensive court process that delays your estate from passing smoothly to your heirs. We’ll unpack...
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8 Smart Tax Moves to Make Before 2025 Ends
Providence Financial Retirement Show with Anthony Saccaro
The calendar is winding down, and while most people are focused on the holidays coming up, the smart ones know this is also crunch time for tax planning. Once December 31st hits, many of your opportunities to save on taxes disappear, so now is the moment to act. In today’s episode, I’m walking you through eight smart, year-end strategies that can help lower your tax bill and keep more of your hard-earned money where it belongs - with you. Here’s what we’ll dig into: - How to make the most of retirement account contributions before the deadline - When it makes sense to do a Roth IRA...
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It's not About the Assets - It's About the Paycheck
Providence Financial Retirement Show with Anthony Saccaro
One of the most common questions we hear from retirees is, "How much income can I safely take from my portfolio?". It sounds simple - but it's one of the most difficult questions to answer in retirement planning. If you withdraw too much, you risk running out of money before you run out of life; if you take too little, you might live well below your means and miss out on experiences such as travel or special moments with family that you could easily afford. The truth is, a good life in retirement doesn't depend on how big your nest egg is, but on how much reliable income that nest egg can...
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When the Music Changes: Shifting Your Strategy for Retirement
Providence Financial Retirement Show with Anthony Saccaro
The strategies that built your wealth aren’t always the same ones that will help you keep it. In this episode, we explore why financial approaches that worked so well during your working years can actually work against you in retirement. You’ve spent decades in accumulation mode, adding to your accounts month after month; but once you retire, the script flips. You’re no longer the contributor; you’re the withdrawer. We’ll talk about why it’s dangerous to stick to the same “financial playlist” from 15 years ago, still chasing high returns and taking on unnecessary risk, and how...
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Decoding Your Advisor's Financial Jargon
Providence Financial Retirement Show with Anthony Saccaro
Have you ever sat down with a financial advisor and felt like they were speaking a foreign language? Too often, industry jargon gets in the way of clarity. What sounds like everyday terms to advisors - “25 basis points” instead of “0.25%,” “alpha and beta” instead of “risk and return,” or “Monte Carlo simulations” when talking about withdrawal strategies - can leave the average person confused and frustrated ("are we gambling here?"). In this episode, we translate the jargon into plain English, break down what these terms actually mean, and explain why clear communication...
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Retirement Rules and Their Exceptions: When Breaking the Rules Pays Off
Providence Financial Retirement Show with Anthony Saccaro
They say rules are meant to be broken - but in retirement planning, some rules are designed with exceptions that can actually work in your favor. In this episode, we explore where flexibility exists in the retirement system: - IRA & Roth IRA: Special contribution and RMD exceptions that could save you money. - 401(k)s: When you can contribute or withdraw outside the standard rules. - Social Security: Situations where exceptions unlock additional benefits. Whether you’re a “rule follower” or a “rule breaker,” understanding these exceptions can help you make smarter, legally sound...
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Your Money Questions Answered
Providence Financial Retirement Show with Anthony Saccaro
With so many listener questions pouring in lately, it was time for another Q&A session. In this episode we tackle the most pressing retirement topics on your mind: - Social Security: How to maximize your benefits and avoid costly mistakes. - Required Minimum Distributions (RMDs): What the new rules mean for your withdrawals. - Inherited IRAs: The latest changes that could reshape your estate planning. - Annuities: Where they fit (and where they don’t) in a secure retirement plan. Listen in. ...
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Outdated Retirement Rules that Can Cost You - And What to Do Instead
Providence Financial Retirement Show with Anthony Saccaro
Many of the “golden rules” of retirement no longer shine. The 4% withdrawal rule, the “set it and forget it” investment strategy, and even long-trusted programs like Social Security and Medicare aren’t as reliable as they once were. In this week's podcast, we unpack why these outdated approaches could put your financial future at risk, and more importantly, what you can do instead. You’ll learn the new realities of retirement planning, the hidden challenges that could drain your savings, and smarter strategies to protect your income, healthcare, and lifestyle. Listen...
info_outlineJoin me for a comprehensive review of retirement account essentials — covering how to maximize benefits, avoid pitfalls, and optimize for both tax efficiency and legacy planning.
- Traditional IRA: Tax-deferred contributions grow until withdrawal; ideal for those seeking upfront tax deductions
- Roth IRA: After‑tax contributions grow tax-free, with no required minimum distributions—great for long‑term tax flexibility
- Roth Conversions: Strategically moving funds from traditional to Roth accounts can reduce future RMDs and lock in today's tax rates
- Tax Strategies: Balancing traditional and Roth accounts helps manage tax liability both now and in retirement
- Common Mistakes: Avoid errors like overcontributing, neglecting contribution deadlines, or ignoring Roth income limits
- Advantages: Gain tax diversification, penalty-free withdrawal options, and more flexibility in estate planning
Whether you’re accumulating or distributing, these insights will help you optimize every step of the way. Listen in.
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