April 2024

TCJA Sunset Follow-Up – Gifting – Thoughts From The IWI Conf

https://youtu.be/y_-_kBtK7CE Mark Struthers, a Certified Retirement Counselor, hosts the Healthy and Wealthy Retirement YouTube channel, focusing on holistic aspects of retirement beyond finances, including social, physical, and emotional wellbeing. In a recent video, he discusses the impending expiration of the Tax Cuts and Jobs Act (TCJA), set for 2026, and the impact of its sunsetting …

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Keystone Activities and Their Role In A Happy Retirement

https://youtu.be/ghC-S8N2P60 Summary In this conversation, Mark Struthers discusses the importance of holistic retirement planning, emphasizing the role of keystone activities in fostering social connections and enhancing overall well-being. He highlights how these activities can significantly impact one’s lifestyle and relationships, especially as individuals age. Struthers also explores the need for deeper connections in a world …

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Using A Mega Backdoor Roth For A Wealthier Retirement

https://youtu.be/mGi6mQzzNCo Summary In this conversation, Mark Struthers discusses the concept of the mega backdoor Roth, a strategy that allows individuals to maximize their retirement contributions and tax benefits through their 401k plans. He explains the differences between traditional and Roth contributions, the importance of free cash flow, and the potential for significant contributions for those …

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Things To Know If Moving To A Low Income Tax State For Retirement

https://youtu.be/w6xLmPRi5YU Summary In this episode of Healthy and Wealthy Retirement, Mark Struthers discusses the implications of relocating to low tax states, emphasizing the importance of making informed decisions. He covers various factors to consider, including total tax burden, home affordability, quality of life, job opportunities, and healthcare costs. Struthers highlights the need for a holistic …

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The Basics & Issues of The 3 Bucket Retirement

https://youtu.be/zG_zMsmXhNw Today’s discussion focuses on the “bucket strategy” for allocating retirement funds, which helps manage risk by separating assets into different categories based on time or spending types. The first bucket strategy divides assets into three categories: the first bucket holds low-risk, easily accessible assets like T-bills and money market funds to cover immediate expenses …

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The TCJA Sunsets In 2026 and Taxes Could Go Up! What You Can Do About It

https://youtu.be/L7jUmq5TUpM Summary Today’s topic is potential tax changes in 2026, when the Tax Cuts and Jobs Act (TCJA) is set to expire, potentially leading to increases in individual income tax rates, halved standard deductions, and altered estate planning exemption amounts. Taxpayers should stay informed and not act hastily since government action may be last-minute and …

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Understanding Risk In Retirement

https://youtu.be/T_FUJSZANM8 Summary In this conversation, Mark Struthers discusses the importance of understanding and managing various risks associated with retirement. He emphasizes a holistic approach to retirement planning that includes financial, health, and emotional aspects. Struthers highlights specific risks such as longevity, inflation, and investment risks, and provides insights on how to navigate these challenges effectively. …

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Inflation & Retirement

https://youtu.be/4mI4swhfj8o Summary In this conversation, Mark Struthers discusses the multifaceted approach to retirement planning, emphasizing the importance of understanding inflation and its impact on retirees. He explores the compounding effects of inflation on purchasing power, particularly for those on fixed incomes, and offers strategies to mitigate these effects. Struthers highlights the significance of maintaining health …

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