Tag Archives: retirement planning

Taxation in Retirement Made Simple with Frank Marano



Do you know what taxes you will owe in retirement?

In this episode of the SimplyAdvised Podcast, we speak with Frank Marano, licenced fiduciary financial advisor at Marano Consulting on the significance of taxation in retirement. As well as real-life client experiences, warning signs, and pitfalls you don’t want to overlook!

Frank Marano discusses: 

  • What he does for his clients and what makes him a unique financial advisor
  • Why tax planning is so important
  • Taxation laws you should be aware of
  • How Social Security is taxed
  • What happens when you lose a spouse
  • And more

Resources: 

Connect With Frank Marano:

About Our Guest: 

Frank Marano, is a licensed fiduciary financial advisor at Marano Consulting, and has helped individuals and businesses prepare for success for over 25 years, his advice has appeared on CNNMoney.com, Forbes, and Money.com. He provides clients with experience and solid knowledge to help put them on the path toward financial independence.


The Fundamentals of Developing a Successful Financial Plan With Thomas Southard



Life happens so fast; it’s relatively simple at first, but as we go through various life-stages we rarely pause and make the adjustments necessary for the future. By planning, clients can become more confident and seek solutions to help them achieve their desired outcomes.

In this episode, we speak with Tom Southard, CRC, a financial professional with Thrive Wealth Solutions, on the significance of creating a successful financial plan that may work through various life stages to help you create confidence in accomplishing your life-fulfilling goals!

Tom discusses: 

  • His ideal client, and how he helps them accomplish their overall life-fulfilling goals
  • Why risk minimization and mitigation are so important 
  • The different aspects of planning
  • How he incorporates his client’s goals and dreams into the plan itself
  • Long-term care expenses
  • And more

Resources: 

Connect With Thomas Southard: 

About Our Guest:  

Tom Southard: Tom is a financial professional, CRC, at Thrive Wealth Solutions in San Jose, California. His 30+ years of expertise in the tech industry enables him to add substantial value to his clients through easily relating to their needs and goals.


The IRA Exit Strategy BluePrint – with Brad Gotto



It’s time to take a closer look at your retirement account.

In this SimplyAdvised episode we meet with Brad Gotto, an RICP advisor and one of the founding partners at Fiat Wealth Management. Brad walks us through a unique strategy to exit your IRA’s and discusses the concerns people have with taxes in retirement. 

In this episode, you will learn:

  • How the Tax Cuts and Jobs Act of 2017 applies to you
  • How your deferred investments can become part of what we call the widow/widower tax 
  • What the three tax buckets are
  • What tools are used for tax control and how they can help you
  • And more

Tune in now to learn more about this unique and educational approach to the IRA Exit Strategy!

Resources: Fiat Wealth Management: (952) 462-9116 | Brad Gotto | Events Calendar | SimplyAdvised


Your Ultimate Guide To the Bucket Strategy — With Mason Gorris



Would you like to take a simplified approach to financial planning that gives you a buffer during market volatility?

Today, Mason Gorris, an InvestWise Financial LLC financial planner, shares his knowledge and experience about the bucket strategy. You’re about to discover why applying this strategy can benefit your long-term retirement plan and stop you from making emotional investment decisions. 

In this episode, you will learn:

  • What the bucket strategy is 
  • What the three components are in the bucket strategy
  • How to incorporate the bucket strategy in your financial plan
  • Reasons for you to consider this strategy over other investment plans
  • How the bucket strategy can help protect your money from inflation
  • And more!

Tune in to this episode to discover how you can implement the bucket strategy in your long-term retirement plan! 

Resources: InvestWise Financial | Mason Gorris on LinkedIn | Mason Gorris on Facebook | Simply Advised


The Advantage of Roths In Your Portfolio — With Kelly Boyd



Is your retirement plan set up so that you know that your money will last in a tax-favored way?

In this episode, Matt Halloran speaks with Kelly L. Boyd, AIF®, a trusted financial planner with InvestWise Financial LLC, as she shares her expertise on Roth conversions. Kelly discusses some of the challenges that clients face when it comes to planning for retirement and answers your questions about how a Roth IRA or Roth conversion can help you achieve your dream retirement. 

In this episode, you will learn:

  • What a Roth IRA is and how it works
  • How the Roth conversion process works for a 401(k), 403(b) and other investment accounts
  • What could happen if you take your RMD from your Roth IRA too early 
  • What could happen if you contribute too much into a Roth IRA
  • The basics of Roth IRA spousal benefits
  • Why is it important to frequently confirm your beneficiary
  • And more!

Tune in to this episode to learn how to include Roth IRAs in your retirement planning! 

Resources: InvestWise Financial | Kelly L. Boyd | Kelly Boyd – Email | (586)-331-3177 | Simply Advised