Mr. Stillman's Opus

Getting Your RMD Ducks In a Row

Most people have a basic knowledge of Required Minimum Distributions (RMDs) but few understand how they pertain to IRAs and 401ks, as well as the intricate timing details that are essential to preparing to withdrawal for tax payments. For a better understanding of the best times to withdrawal as well as avoiding penalties, join John and Ron as they discuss a letter Ron recently received shortly after a big birthday.
Check out the show notes here: https://mrstillmansopus.com/retirement/getting-your-rmd-ducks-in-a-row/
0:45 - RMDs for 401(k)s
2:45 – RMDs for IRAs
4:35 – Here’s an example:
5:34 – When do you have to make a withdrawal?
7:00 - In what scenarios would I carry it over?
7:58 - Avoid a loss in penalties!
9:04 – Another Octave 

The Retirement Grocery Store

If you think about it, planning for retirement is a bit like going to the grocery store. You need to know what you need, you need to know what you're paying, and at times, you need to purchase the more expensive product. These are just a few of the similarities. Join us as we unpack this analogy and help you shop for a meaningful retirement.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/investing-strategy/the-retirement-grocery-store/

Four Dangerous Excuses

We often see people justifying their poor financial decisions by making excuses. We'll identify these excuses and explain why they lead to poor judgement.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/four-dangerous-excuses/

Lessons From March Madness

March Madness is upon us, and everyone's excited for the upsets, buzzer beaters, and Cinderella stories. As a fan, it's an emotional time of year, and believe it or not, March Madness can teach us a thing or two about retirement.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/lifestyle/lessons-from-march-madness/

This One's On The House

Our clients often ask us whether they should accelerate their house payments in order to pay off their house early. Join us as we explore the pros and cons of this strategy.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/real-estate/this-ones-on-the-house/

Longevity Risk

We're living longer than ever, and of course, that's a good thing. However, longevity presents its own challenges. John explains.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/longevity-risk/

Retirement On The Gridiron

This time of year, you can find football on TV almost every night of the week. Let's take some concepts from the gridiron and apply them to retirement.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/retirement-gridiron/

Three Tax Tips

On this edition of the podcast, we’ll share with you three tax tips. Specifically, we’ll help you avoid making three crucial tax mistakes.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/three-tax-tips/

Social Security Taxation

There’s a lot of confusion surrounding the taxation of Social Security. Join us as we seek to clear up the confusion on the podcast.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/taxes/social-security-taxation/

Famous Last Words

We’ve all said and done things we’ve later come to regret. Don’t let these financial phrases be your famous last words.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/investing-behavior/famous-last-words/