067: Ed Slott In-Studio!

The Guided Retirement Show

If you don’t understand the rules of IRAs, bad things happen. With the wrong portfolio, you may find yourself hearing people tell you what you could’ve, should’ve, and would’ve done–and those little decisions can add up to make some big differences.

If you don’t want to wake up to an unpleasant tax surprise in retirement, today’s episode is for you. Once again, I’m speaking to Ed Slott, America’s IRA Expert. He’s been teaching financial advisors about the ins and outs of IRAs for decades, and he’s returned to the podcast to share lots of great new information on this extremely complex topic.

In this conversation, Ed and I discuss why retirees often get such bad guidance, the new time bombs ticking in the world of retirement (and how best to avoid them), and why now may very well prove to be the best time in your life to pay taxes for years (or decades) to come.

In this podcast interview, you’ll learn:

• Why bad tax planning does the most damage to people with the biggest retirement savings.
• How changes to the tax codes have created a number of new “time bombs” for retirees to worry about.
• Why the SECURE Act took away many of the greatest benefits of holding retirement accounts.
• The one document that’s more important than your trust that so many retirees fail to recognize the value of.
• Why IRAs or 401(k)s can no longer be passed on to your children.
• What makes “defer, defer, defer” such a bad tax strategy right now.
• Why now is the right time to find a great financial advisor.

Get Today's Show Notes

To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/67

Learn More about Retirement Planning

Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com