The Retirement Playbook with Dale Tondryk

Ep 88: The Retirement Lifestyle

We’re taking a quick break from the Xs and Os of retirement finances today. Instead, we’re going to talk about some other important pieces of forming your retirement lifestyle. Join us as we discuss staying busy, the significance of social connections after you’ve stopped working, and maintaining your physical and mental health throughout retirement. Whether it's engaging in new hobbies, exploring part-time work, or pursuing a passion project, this episode will inspire you to shape a retirement lifestyle that brings joy, purpose, and fulfillment.
 
Here’s what we’ll talk about in this episode:
Social interactions in retirement. (1:09)
Staying physically active in retirement. (3:31)
Finding ways to challenge your mind. (5:06)
What will your retirement look like in 5 years? (6:36)
Do you have a fallback plan for staying busy? (8:13)
 
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 

Ep 87: Social Security Myths

Have you ever wondered if the Social Security system will run out of money before you retire? Or if claiming benefits as soon as you're eligible is the best decision for your financial future? In this episode, we'll be debunking common myths about Social Security and answering the questions you've been curious about.
 
Here’s what we’ll talk about in this episode:
The Social Security Administration cannot help you make the best decision about when to start your benefit. (0:57)
While it is income-based, you will most likely have to pay taxes on your Social Security. (3:35)
Will Social Security run out of money? (4:57)
Social Security benefits are not exclusively for U.S. citizens. (9:41)
Social Security is not based on income and assets. (11:16)
 
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 

Ep 86: Don’t Get Lost In Retirement

Getting lost while driving in the car or hiking in the woods is kind of like getting lost in retirement planning. It can be tough to find your way without the right guidance and tools. But fear not! In today's episode, we're going to explore the most common mistakes people make in retirement planning and share some insightful advice to help you stay on track.
 
Here’s what we’ll talk about in this episode:
The impact of having bad tools when retirement planning. 1:09
Being given bad directions in the financial world. 2:44
Not paying attention to your finances. 5:11
The first step to getting back on track with retirement planning. 6:44
Don’t be embarrassed to ask for professional help with your finances. 9:17
 
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 

Ep 85: The Role Of Predictable Income In Your Retirement Plan

Is there really such a thing as having guaranteed income in retirement? Maybe the question is really “guaranteed by whom?” In today’s episode, we are going to talk about some common misconceptions when it comes to income streams and the importance of having predictable income in your retirement portfolio.  
 
Here’s what we’ll talk about in this episode:
Is there such a thing as guaranteed income in retirement? (0:48)
Some common retirement income sources that aren’t completely predictable or guaranteed. (4:11)
Dale shares a story of a client that did not have predictable income in their retirement plan. (4:24)
If you do establish predictable income, what should you do to help offset inflation? (6:24)
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 

Ep 84: Building Your Financial House

For some people, the idea of putting together a financial plan doesn’t sound like much fun, while the idea of building a home sounds like a lot of fun. In this episode we’ll find the similarities in building a strong financial plan and a dream home.
 
Here’s some of what you’ll learn on this episode:
The financial ‘foundation’ needed to cover your basic lifestyle expenses once you retire. 2:31
How investment ‘walls’ are essential to growing your future assets. 4:11
The insurance ‘roof’ needed to protect you from unexpected financial surprises. 5:35
Turning you attention to your legacy after you feel confident in your financial structure. 7:32
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 
 

Ep 83: Medicare 101

We don’t typically spend much time talking about Medicare before it’s time to utilize it, and it’s easy to get confused about the four parts of the program and what each of them do.
Knowing your options and what each part covers will help you make the best decision for Medicare when it comes time. In this episode, Dale will explain each of the four parts, some of the misconceptions around Medicare, and list some of the services that you might be surprised to find out aren’t covered.
Here’s some of what you’ll learn on this episode:
What you need to know about each of the four parts. (1:18)
The biggest misconception about Medicare. (4:25)
Some of the things that Medicare doesn’t cover. (5:32) 
Do you have to turn it on at 65? (7:34)
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 
 

Ep 82: What’s Your Biggest Financial Fear?

It’s nearly impossible to completely separate emotion from financial decisions. As much as we try, it’s just hard to overcome those human emotions, especially when it comes to fear and money.
We took an informal poll of listeners to find out what their biggest financial fears are. On this episode, we’ll explore the most common fears and talk about how they should be addressed in a retirement plan.
 
Here’s some of what you’ll learn on this episode:
Running out of money before you die. (1:07)
Blowing through our entire nest egg to pay for our nursing home care. (2:28)
Not having anything left to pass on to the kids. (5:56)
 
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 

Ep 81: SECURE Act 2.0 – Retirement Planning Change to Know

Another round of retirement changes are on the way after President Biden signed a spending bill in December 2022 that included the SECURE Act 2.0. Retirees and pre-retirees need to understand what this new legislation means, how it might impact you, and what planning opportunities this could open up. 
 
Here’s some of what you’ll learn on this episode:
Pushing back the RMD age to 73. (0:55)
Changes to catch-up contributions. (3:40)
The 529 to Roth transfer option. (5:56)
Company match to a Roth 401(k) (8:26)
 
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 

Ep 80: Best Intentions, Bad Advice

Let’s look at some examples and explore the reasons why we have to be very careful from whom we’re taking this important financial guidance from. Even when the advice seems to be well-informed and logical, it doesn’t mean it’s going to be applicable to your plan.
Here’s some of what you’ll learn on this episode:
Your family might have plenty of guidance, but that doesn’t mean you have to follow. (1:00)
Your friends might not tell you about the losses as much as the successes. (3:30)
Why the advice CPAs gives you might not be as effective for investing. (5:36)
The experts in the media are there to entertain rather than inform. (8:12)
 
Read more and get additional financial insight here: http://retirementplaybookpodcast.com 

Ep 79: The Desire to Retire

People have different feelings when it comes to their desire to retire. We broke this concept down into five sections that we will explore today.
Our goal is to help you determine which category you fall into so you can be sure your financial plan aligns with your desire to retire.
Here’s some of what you’ll learn in this episode:
Some people love what they do and don’t see themselves retiring, but should they still plan? (1:24)
When you want to retire but continue to work, instead. (3:05)
Many people end up hoping to retire early, so we plan ahead. (6:38)
 
Read more and get additional financial insight here: http://retirementplaybookpodcast.com