Retire With Peace
The Retire With Peace podcast brings you actionable information for your retirement planning. Topics include financial planning, taxes, investments, social security, Medicare, personal health & wellness, and much more. Join Dave Zaegel, CPA, CFP as he covers various financial and lifestyle topics to help you Retire With Peace.
info_outline
Ep 147: Municipal Bonds
05/13/2025
Ep 147: Municipal Bonds
Summary In this episode, Dave Zaegel discusses the benefits of municipal bonds, particularly their tax advantages for retirement planning. He explains how municipal bonds are issued by state and local governments, the tax exemptions they offer, and the importance of considering one's tax bracket when investing. The conversation also touches on the quality of bonds and the risks associated with them, emphasizing the need for high-quality investments in retirement.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/36543665
info_outline
Ep 146: Retirement Planning with AI
05/06/2025
Ep 146: Retirement Planning with AI
In this episode, Dave Zaegel discusses the implications of artificial intelligence (AI) on financial planning and tax preparation. He emphasizes that while AI will enhance efficiency and provide valuable tools for financial planners, it will not replace the human element essential in understanding personal experiences and emotions. Zaegel believes that AI will significantly impact the industry, making processes quicker and more efficient, but the need for human interaction will remain vital.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/36447740
info_outline
Ep 145: Large Funds Play a Different Game
04/29/2025
Ep 145: Large Funds Play a Different Game
In this episode, Dave Zaegel discusses the differences between investment strategies of large funds and individual investors, particularly in the context of retirement planning. He emphasizes the importance of understanding one's own financial goals and risk profile rather than blindly following the actions of big investors. The conversation highlights the need for long-term planning and the significance of setting up a proper investment structure to ensure financial security in retirement.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/36347045
info_outline
Ep 144: Why do a Roth IRA Conversion Now?
04/22/2025
Ep 144: Why do a Roth IRA Conversion Now?
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the intricacies of Roth IRA conversions, emphasizing the importance of timing and strategic planning. He explains why most conversions are typically done towards the end of the year, but also highlights scenarios where early conversions may be beneficial, particularly during market downturns. The conversation covers the necessity of taking required minimum distributions (RMDs) before conversions and the potential advantages of partial conversions to maximize tax efficiency and investment growth.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/36249400
info_outline
Ep 143: Gold Rush
04/15/2025
Ep 143: Gold Rush
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the current trends in gold and Bitcoin investments, emphasizing the importance of risk management and balanced investment strategies. He shares his personal struggles with investing in non-producing assets like gold and digital currencies, advocating for a cautious approach to investing in these alternatives. The conversation highlights the need for diversification and the potential for growth while maintaining a focus on risk management in retirement planning. Takeaways: Investing in gold and Bitcoin is trending due to market fluctuations. Gold and digital assets do not produce cash flow like companies. Investing in alternative assets should be done in moderation. Risk management is crucial when investing in speculative assets. Attention to certain investments can be misleading. Diversification is key in retirement planning. Investing in gold or Bitcoin can add growth potential. Avoid putting a large percentage of retirement funds in one asset. Market hype can overshadow other good investment opportunities. A balanced approach to investing can lead to better outcomes.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/36131055
info_outline
Ep 142: Tug of War
04/14/2025
Ep 142: Tug of War
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the current market uncertainties and the mental tug of war faced by investors, particularly those nearing or in retirement. He emphasizes the importance of balancing the need for safety with the necessity for long-term growth in investment strategies. Zaegel provides insights on how to manage these concerns by setting up a safety net of income for at least five years, allowing investors to weather market fluctuations while still focusing on growth opportunities. Takeaways: Investors are experiencing heightened anxiety due to market uncertainties. The current market downturn is influenced by multiple factors. Retirees often feel the need to prioritize safety over growth. Structured notes can provide safety while allowing for investment. It's crucial to have at least five years of income set aside. Long-term growth is essential for retirement sustainability. Market downturns can create opportunities for strategic investment. Historical data shows recovery typically takes around five years. Planning for safety in advance can mitigate anxiety during downturns. Investors should focus on both safety and growth in their strategies.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/36131000
info_outline
Ep 141: IRA Beneficiary Selection
04/01/2025
Ep 141: IRA Beneficiary Selection
In this episode, Dave Zaegel discusses the critical aspects of beneficiary selection for inherited IRAs, emphasizing the importance of keeping beneficiary designations updated, the implications of naming trusts versus individuals, and the benefits of charitable contributions from IRAs. He provides practical advice on estate planning to ensure that assets are distributed according to the individual's wishes, avoiding complications and unnecessary tax burdens.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35953595
info_outline
Ep 140: Inherited Roth IRA Benefits
03/25/2025
Ep 140: Inherited Roth IRA Benefits
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the complexities of inherited IRAs, focusing on the importance of careful planning, especially regarding Roth IRAs. He emphasizes the need for beneficiaries to take their time and understand the rules surrounding distributions to minimize tax burdens. The episode highlights the advantages of inheriting Roth IRAs, including tax-free withdrawals and no required distributions, making them a beneficial option for both the original account holder and their heirs.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35832970
info_outline
Ep 139: Inherited IRAs - Required Distributions or Not?
03/18/2025
Ep 139: Inherited IRAs - Required Distributions or Not?
In this episode, Dave Zaegel discusses the complexities of inherited IRAs, particularly focusing on the changes brought by the Secure Act. He explains the implications of required distributions, how to calculate them, and the importance of understanding the required beginning date. The conversation also touches on the nuances of successor beneficiaries and the 10-year payout rule, emphasizing the need for strategic tax planning when dealing with inherited IRAs. Takeaways The Secure Act 1.0 eliminated the stretch IRA, capping distributions at 10 years.IRS rules require annual required distributions if the original owner reached their required beginning date. Online calculators can assist in determining required distributions for inherited IRAs. If the original IRA owner died before their required beginning date, there are no annual required distributions. Successor beneficiaries are subject to the 10-year payout rule, even if they are a spouse. Planning for tax implications over the 10-year period is crucial to avoid large tax hits. Understanding the required beginning date is key to managing inherited IRA distributions. You may want to take more than the minimum required distributions based on your tax situation. It's important to consider long-term tax planning when withdrawing from inherited IRAs. Nuances in IRA rules can significantly impact financial planning strategies.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35740870
info_outline
Ep 138: Inherited IRAs - 3 Types of Beneficiaries
03/11/2025
Ep 138: Inherited IRAs - 3 Types of Beneficiaries
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 crucial to avoid tax penalties. Non-designated beneficiaries face the most unfavorable tax rules. Eligible designated beneficiaries have more favorable options. Adult children and grandchildren are typically non-eligible designated beneficiaries. Charities can be named as beneficiaries without tax implications. Understanding the 10-year rule is essential for planning. Surviving spouses can roll over inherited IRAs without penalties. Planning can help minimize tax burdens for heirs. It's important to stay informed about IRS regulations.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35622215
info_outline
Ep 137: US News Article Review - Still Plan for 95?
03/04/2025
Ep 137: US News Article Review - Still Plan for 95?
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 plan for people to live until age 95. Planning for a longer life expectancy provides a safety net. Statistically, many people do not live until 95. Medical advances could extend life expectancy beyond current projections. Spending patterns typically decrease in the 80s but may rise again due to healthcare needs. Retirees should feel empowered to spend more in their early retirement years. Having five years of income set aside is a recommended strategy. Enjoying retirement early can lead to a more fulfilling experience. Planning for longevity helps prevent running out of money. Balancing spending and saving is crucial for a successful retirement.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35525660
info_outline
Ep 136: Nerdwallet Article Review - 5 Steps to Retirement Planning
02/25/2025
Ep 136: Nerdwallet Article Review - 5 Steps to Retirement Planning
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 retirement. It's important to understand your income needs in retirement, aiming to match current monthly income. Prioritize financial goals beyond just retirement, such as debt repayment and emergency funds. Take advantage of employer retirement plans and matches as a priority. Invest aggressively when younger, but ensure stability as retirement approaches. Plan for at least five years of income in less volatile investments as retirement nears. Don't get too hung up on absolute certainty in retirement projections. Understand that life changes will affect retirement plans over time. Keep retirement planning simple by focusing on current income needs. Education and awareness are key components of effective retirement planning.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35409185
info_outline
Ep 135: Forbes Article Review - 6 Essential Items
02/18/2025
Ep 135: Forbes Article Review - 6 Essential Items
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 for healthcare costs is essential as you age. Social security benefits should be claimed based on individual circumstances. A tax-efficient income strategy can significantly impact retirement finances. Diversifying income sources helps mitigate financial risks in retirement.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35304345
info_outline
Ep 134: Deepseek and Tariffs
02/11/2025
Ep 134: Deepseek and Tariffs
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. DeepSeek's AI model announcement caused unnecessary panic in the market. Investors should focus on long-term strategies rather than short-term reactions. Having five years of income covered can alleviate stress during market volatility. It's crucial to invest in solid companies for long-term growth. Market reactions can be exaggerated based on incomplete information. Planning for uncertainty is key in retirement planning. Tariffs and government policies can impact markets but should be viewed in context. Investors should not rush to sell based on market news. A well-structured financial plan allows for focus on life beyond investments.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35224290
info_outline
Ep 133: Can I Buy the Boat?
02/04/2025
Ep 133: Can I Buy the Boat?
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' represents larger financial decisions. Detailed analysis isn't always necessary for financial decisions. Retirement income guardrails help evaluate financial flexibility. Guardrails provide a cushion for income during retirement. Quick assessments can alleviate stress about spending. Retirees can use tools to make informed decisions easily. Financial confidence is key for retirees making purchases. Simple tools can replace complex financial analysis. Understanding income limits helps retirees enjoy their retirement.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35121975
info_outline
Ep 132: What Tax Cuts Are Set to Expire?
01/28/2025
Ep 132: What Tax Cuts Are Set to Expire?
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 about what changes will be made to tax laws. Tax rates are expected to increase if the Act expires. The standard deduction will be significantly lower, affecting many taxpayers. The cap on state and local tax deductions may be removed. Business income tax deductions will no longer be available. Personal exemptions will return if the Act expires. The Child Tax Credit will be reduced significantly. Deductions for asset management and tax preparation fees will be reinstated. The estate tax exemption will be halved, impacting wealth transfer.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/35031605
info_outline
Ep 131: Consistency Is Key
01/21/2025
Ep 131: Consistency Is Key
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 – Minor adjustments, not drastic changes, lead to lasting success. ✔️ Deep research is valuable – Understand your investments before committing. ✔️ Long-term growth wins – Investing isn’t about quick speculation. 🚀 Action Steps: 📌 Build a financial plan and stick with it. 📌 Shift your focus from short-term gains to long-term stability. 📌 Keep learning and refining your strategy without making drastic moves. 🎧 Listen Now: 📢 Follow for More: Subscribe for weekly deep dives into financial freedom!
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34924495
info_outline
Ep 130: Rule of 72
01/14/2025
Ep 130: Rule of 72
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 The Rule of 72 is a simple math problem for investors. It helps determine how long it takes to double money. Volatility affects the actual rate of return needed. Planning for retirement requires understanding average returns. Having a mix of income and growth investments is crucial. Five years of income investments can buffer against downturns. Long-term focus is essential for retirement planning.The Rule of 72 provides a conceptual framework for growth. Investors should not expect consistent returns every year. Understanding risk is key to effective retirement planning.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34841380
info_outline
Ep 129: Tax Benefits Come from Planning
01/07/2025
Ep 129: Tax Benefits Come from Planning
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, not just yearly projections. Short-term thinking can lead to missed opportunities in tax savings. Life changes, such as marriage or death, significantly impact tax planning. Understanding future tax implications is crucial for effective planning. Business owners should avoid chasing deductions without considering long-term cash flow. Investments should be prioritized over unnecessary tax deductions. The IRS typically focuses on one year; taxpayers can think long-term. Proper tax strategies require a comprehensive view of financial situations. Roth conversions should be evaluated in the context of future tax brackets. Effective tax planning can lead to significant savings over time.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34742135
info_outline
Ep 128: Take Action in 2025
12/31/2024
Ep 128: Take Action in 2025
In this episode, host Dave Zaegel reflects on the key themes of 2024 and encourages listeners to focus on two crucial areas as they prepare for 2025: health and financial planning. Dave highlights the importance of maintaining physical well-being to fully enjoy retirement and offers guidance on seeking help for financial strategies. Key Topics Discussed: The importance of health alongside financial planning. Recap of the nine-episode health series covering: Sleep Eating more protein Strength training Supplements Flexibility and mobility Encouragement to revisit these episodes for insights on improving overall well-being.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34589215
info_outline
Ep 127: To Crypto or Not?
12/24/2024
Ep 127: To Crypto or Not?
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the evolving landscape of cryptocurrencies, particularly Bitcoin, and their implications for retirement planning. He addresses common misconceptions, the potential benefits and risks of including cryptocurrencies in retirement portfolios, and emphasizes the importance of a balanced investment strategy. Zaegel provides insights into how cryptocurrencies can fit into a broader financial plan, while also cautioning that they are not a necessity for every investor. Takeaways: Cryptocurrencies have gained significant attention and value over the past decade Bitcoin serves as the primary currency for blockchain technology. Cryptocurrency can be a part of retirement planning but is not mandatory. Investors should consider a small proportion of crypto in their growth bucket. There are alternative investments that may perform just as well as cryptocurrencies. The regulatory environment for cryptocurrencies is evolving positively. Investing in cryptocurrencies carries both potential rewards and risks. Diversification is key in retirement investment strategies. It's important to consult with a financial planner before making investment decisions. The future of cryptocurrencies remains uncertain, and caution is advised.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34557420
info_outline
Ep 126: Health Savings Accounts
12/17/2024
Ep 126: Health Savings Accounts
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the intricacies of Health Savings Accounts (HSAs) and how they differ from Flexible Spending Accounts (FSAs). He emphasizes the tax benefits of HSAs, including tax deductions on contributions and tax-free withdrawals for medical expenses. Zaegel also highlights the importance of having a qualifying insurance plan to contribute to an HSA and suggests strategies for maximizing the benefits of HSAs for retirement planning. Takeaways Health Savings Accounts (HSAs) are often confused with Flexible Spending Accounts (FSAs). HSAs allow contributions that can grow tax-free and be withdrawn tax-free for medical expenses. To contribute to an HSA, you must have a qualifying high-deductible health insurance plan. Using out-of-pocket funds for medical expenses allows your HSA to grow tax-free. HSAs can serve as a powerful retirement planning tool if structured correctly. Contributing to an HSA year after year can build a substantial balance for retirement. You can still benefit from HSAs even if you pay medical expenses directly from the account. HSAs provide a tax deduction for contributions, enhancing their appeal. In retirement, HSAs can function similarly to Roth IRAs for medical expenses. It's advisable to evaluate your financial situation to determine the best use of HSA funds.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34479845
info_outline
Ep 125: Is My Inheritance Taxed?
12/10/2024
Ep 125: Is My Inheritance Taxed?
In this episode of the Retire with Peace Podcast, host Dave Zaegel addresses common questions regarding the tax implications of receiving an inheritance. He clarifies that there is no tax on the inheritance itself, but discusses scenarios where taxes may apply, particularly with inherited IRAs and the concept of step-up in basis for inherited assets. The conversation emphasizes the importance of understanding estate taxes and planning for potential tax liabilities in the future. Takeaways: There is no tax on receiving an inheritance. Estate taxes are assessed at the estate level, not on the inheritor. High estate tax exemption limits mean fewer people face estate taxes. Inheriting an IRA requires understanding required distributions and tax implications. A step-up in basis can reduce capital gains taxes on inherited assets. The IRS took years to finalize regulations on inherited IRAs. Inheritors should be aware of tax implications when growing inherited assets. Receiving an inheritance does not create a taxable event immediately. Planning for estate taxes is important due to changing thresholds. Fear of taxes on inheritance is common but often unfounded.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34357830
info_outline
Ep 124: Stay Healthy This Winter
12/03/2024
Ep 124: Stay Healthy This Winter
In this episode of the Retire with Peace Podcast, host David Zaegel shares his personal journey of maintaining health over the past year and offers practical tips for staying healthy during the winter months. He emphasizes the importance of hydration, sleep, exercise, and nutrition, particularly protein intake, as key strategies to boost immunity and overall well-being. David encourages listeners to adopt these habits to enhance their health and avoid common winter illnesses. Takeaways David celebrates a year of good health without illness. Staying hydrated is crucial, especially when feeling unwell. Sleep plays a vital role in the body's repair process. Even light exercise, like walking, can be beneficial. Strength training releases important chemicals that help fight illness. Protein intake is essential for muscle health and recovery. Implementing these health strategies can improve overall wellness. Maintaining health in winter requires proactive measures. Simple lifestyle changes can lead to significant health benefits. Listeners are encouraged to prioritize their health this winter.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34254585
info_outline
Ep 123: Tax Cuts Don't Mean Lower Tax Receipts
11/26/2024
Ep 123: Tax Cuts Don't Mean Lower Tax Receipts
In this episode of the Retire with Peace podcast, host David Zaegel discusses the complexities of tax planning, particularly in relation to government tax receipts and the impact of tax cuts. He explores historical data to illustrate how tax cuts do not always lead to decreased revenue for the federal government, emphasizing the importance of the economy in determining tax receipts. The conversation also ties into retirement planning, highlighting the long-term strategies individuals can employ to manage their tax liabilities effectively. Takeaways Tax cuts do not always result in lower government revenue. Historical data shows mixed results for tax cuts and receipts. The economy plays a crucial role in tax revenue. Individual income taxes make up the bulk of government receipts. Corporate taxes are a small percentage of total receipts. Tax planning can help save money over the long term. It's important to focus on long-term strategies in retirement planning. Changes in tax rates may not significantly impact overall receipts. Planning should be based on current knowledge, not assumptions. Future tax rates could increase due to government debt concerns.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/34136611
info_outline
Ep 122: What Are Bonds & Structured Notes?
11/19/2024
Ep 122: What Are Bonds & Structured Notes?
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the fundamentals of bonds and structured notes, emphasizing their importance in providing guaranteed income for retirement. He explains how bonds work as debt instruments, the significance of bond quality, and the role of structured notes as alternatives to bonds. The conversation also highlights the advantages of using individual bonds over bond funds for ensuring income stability during retirement. Previous Episodes Mentioned: Takeaways Bonds and structured notes are essential for retirement income. Having at least five years in safe investments is crucial. Bonds are debt instruments that provide guaranteed payments. Quality of bonds is more important than the interest rate. Structured notes can offer growth potential with a guaranteed floor. Individual bonds provide more security than bond funds. Bond funds lack a set maturity date, increasing risk. In a rising interest rate environment, bond funds can underperform. Understanding the purpose of investments is key to financial planning. Safety and guaranteed returns are priorities in retirement planning.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/33993402
info_outline
Ep 121: Donating Stock for Charitable Contributions
11/12/2024
Ep 121: Donating Stock for Charitable Contributions
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses effective tax planning strategies for charitable donations, particularly focusing on the benefits of donating appreciated stock instead of cash. He explains how this approach can help avoid capital gains taxes and maximize tax deductions, especially in high-income years. The conversation also covers the advantages of using Donor Advised Funds to streamline charitable giving and enhance tax benefits. Additionally, Zaegel highlights the importance of considering state tax credits for charitable contributions, providing listeners with a comprehensive understanding of how to optimize their charitable giving from a tax perspective. Takeaways: Donating appreciated stock can avoid capital gains tax. Charitable donations can provide tax benefits even at standard deduction levels. Using a Donor Advised Fund allows for strategic charitable giving over time. Maximizing deductions in high-income years is crucial for tax planning. State tax credits can significantly enhance the benefits of charitable donations. It's important to plan donations to maximize tax benefits. Avoid selling stock before donating to fully utilize tax advantages. Charitable contributions should be approached strategically, not just as cash gifts. Understanding the tax implications of donations can lead to better financial outcomes. Effective tax planning can benefit both the donor and the charitable organization.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/33888652
info_outline
Ep 120: Don't Beat the S&P 500 in Retirement
11/05/2024
Ep 120: Don't Beat the S&P 500 in Retirement
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the importance of strategic retirement planning, particularly focusing on the S&P 500 index and the risks associated with investing during retirement. He emphasizes the need for a balanced approach that includes both long-term growth investments and a short-term investment bucket to mitigate risks such as sequence of returns. The conversation highlights the significance of having a well-structured investment strategy that prioritizes safety and growth for retirement income. Takeaways Beating the S&P 500 isn't always a great idea. Investing in the S&P 500 provides diversification and low costs Short-term money should not be invested in the stock market. Sequence of returns risk can significantly impact retirement savings. Having a short-term investment bucket is crucial for retirees. A balanced investment strategy typically includes 30-40% in short-term funds. Long-term growth is essential, but safety is equally important. Retirement planning should focus on both growth and income needs. It's important to avoid hyper-focusing on the S&P 500 during retirement. A well-structured investment strategy can mitigate risks.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/33792182
info_outline
Ep 119: Good vs. Optimal Timing in the Stock Market
10/29/2024
Ep 119: Good vs. Optimal Timing in the Stock Market
In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the concept of market timing and its implications for investors. He emphasizes the importance of understanding the time frame for investments, distinguishing between short-term and long-term strategies. Zaegel provides historical context by analyzing market trends during significant events like COVID-19 and the Great Recession, illustrating that while optimal timing is elusive, long-term investing generally yields positive results. He encourages listeners to focus on long-term growth rather than trying to predict market fluctuations. Takeaways Don't invest short term in the stock market with money you can't afford to lose. If you need money in the next five years, it doesn't belong in the stock market. Historically, long-term investments in the stock market have proven beneficial. Waiting for the optimal time to invest can lead to missed opportunities. Investing for the long term is always a good strategy. Market timing is less important than the duration of your investment. The stock market has historically recovered from downturns over time. Investing during market dips can yield significant returns in the long run. Focus on long-term growth rather than short-term fluctuations. Now is a good time to invest if you're looking long-term.
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/33649277
info_outline
Ep 118: Recession Is Coming
10/22/2024
Ep 118: Recession Is Coming
In this episode of the Retire with Peace podcast, Dave Zaegel discusses the inevitability of recessions and the importance of planning for them in retirement. He emphasizes that while recessions are a natural part of the economic cycle, the constant predictions of impending recessions can lead to unnecessary fear and missed opportunities. Zaegel advocates for a proactive approach to financial planning, suggesting that having at least five years of income set aside can provide security and allow retirees to take advantage of market downturns. He encourages listeners to focus on what they can control in their financial planning to ensure a peaceful retirement. Takeaways: Recessions are inevitable, but their timing is unpredictable. Fear of recession can lead to poor financial decisions. Planning for at least five years of income can provide security. Market downturns can present investment opportunities. It's important to control what you can in financial planning. Constant recession predictions can create unnecessary anxiety. Having a diversified investment strategy is crucial. Individual bonds and structured notes can be safer than bond funds. Retirement planning should account for economic uncertainty. A proactive approach to financial planning leads to peace of mind. Important Quotes: "Recession is coming and we have no idea when." "Don't freak out about a possible recession." "Recessions don't have to be scary."
/episode/index/show/77d0ec65-e9eb-4aa0-999c-1b050653e9ac/id/33538152