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Protecting & Preserving Wealth

Protecting & Preserving Wealth

De: Bruce Hosler
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In the Protecting & Preserving Wealth podcast, Bruce Hosler discusses and provides timely answers to important topics for our listeners: • Tax Reduction Strategies • Financial & Estate Planning • Investment Management • Retirement Planning • Insurance Strategies • Business Owner Exit-Planning Strategies • Current Events and their Market Effects We started the podcast because a number of clients have questions, and this is a way for us to give them a venue to listen to different answers on all the things they're concerned about today. First and foremost, foundationally, for most people, taxes are a very important thing. We always start with taxes and then we go from there and work on financial planning issues like retirement. Am I going to have enough? How am I going to leave my stuff to my legacy, to my kids and family? In estate planning, we include asset management because everybody wants to know where their money's invested and how safe and how protected it can be. And how can it grow in the face of this inflation that we're facing today. And finally, we use insurance strategies to make sure that when the moment of truth arrives, everything's okay for the family. Throughout this podcast, we're going to meet the Hosler team and how each of them plays a role in securing your financial future. Hosler Wealth Management can be reached in their Prescott office at (928) 778-7666, in their Scottsdale office at (480) 994-7342, or on the web at https://www.hoslerwm.com/. Disclosure: Investment advisory services are offered through Mutual Advisors, LLC DBA Hosler Wealth Management, a SEC registered investment adviser. Securities are offered through Mutual Securities, Inc., member FINRA/SIPC. Mutual Advisors, LLC and Mutual Securities, Inc. (collectively “Mutual Group”) are affiliated companies. Forward-looking commentary should not be misconstrued as investment or financial advice. The advisor associated with this podcast is not monitored for comments and any comments should be given directly to the office at the contact information specified. Any tax advice contained in this communication, including any attachments, is not intended or written to be used and cannot be used for the purpose of 1) avoiding federal or state tax penalties, 2) promoting marketing or recommending to another party any transaction or matter addressed herein, and 3) Tax preparation and accounting services are offered independently through Hosler Wealth Management Tax Services. Any tax advice provided by tax professionals under Hosler Wealth Management Tax Services is separate and unrelated to any advisory or security services offered through Mutual Group. The accuracy, completeness, and timeliness of the information contained in this podcast cannot be guaranteed. Mutual Group does not provide legal or tax advice. You should consult a legal or tax professional regarding your individual situation. Accordingly, Hosler Wealth Management does not warranty, guarantee or make any representations or assume any liability with regard to financial results based on the use of the information in this podcast. Protecting & Preserving Wealth (podcast) is owned and produced by Hosler Wealth Management Prescott Office: 700 S Montezuma St Prescott, AZ 86303 Tel. (928) 778-7666 Scottsdale Office: 7400 E Pinnacle Peak Rd Suite #100 Scottsdale, AZ 85255 Tel. (480) 994-7342 #HoslerWealthManagement #Protecting&PreservingWealthPodcast #BruceHosler #ProtectingWealthPodcast2022-2025 Hosler Wealth Management | All Rights Reserved. Economía Finanzas Personales
Episodios
  • The Truth About Reverse Mortgages, Part 2

    The Truth About Reverse Mortgages, Part 2
    Dec 3 2025
    In this episode of Protecting and Preserving Wealth, we continue our deep dive into reverse mortgages, focusing on the truths and misconceptions surrounding them. We pick up where we left off with Rob Kanyur of Fairway Mortgage, digging into the tax implications of reverse mortgages — an area Bruce is particularly passionate about.📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k⏱️Chapters & What You'll Learn(00:00) – Introduction & Setup – Welcome back, recap from Part 1, and guest reintroduction.(01:00) – Reverse Mortgage Line of Credit Explained – Why 99.9% of clients choose the growing credit line option.(04:00) – Tax Strategies & Case Study – Using reverse mortgages for tax deductions, Roth conversions, and a retired pilot’s success story.(08:30) – Reverse for Purchase – How to buy a new home in retirement while preserving liquidity and avoiding monthly payments.(11:00) – Volatility Protection & Portfolio Preservation – Leveraging reverse mortgages during market downturns to protect investments.(13:30) – Aging in Place & Accessing Equity – Unlocking $15 trillion in senior home equity nationwide while remaining in your home.(15:30) – Costs, Risks & Considerations – Fees, FHA insurance, and when a reverse mortgage may not be the right fit.We explain how a reverse mortgage line of credit differs from a traditional Home Equity Conversion Mortgage (HECM). Rob explains that most clients choose the variable line of credit because it grows over time, giving homeowners access to increasing tax-free funds while deferring repayment. The line of credit itself grows, not the loan balance, creating a powerful tool for liquidity in retirement. Unlike a traditional HELOC, a reverse mortgage line of credit can’t be frozen or recalled by the bank, offering retirees more security.Bruce highlights how this line of credit can be used strategically for tax planning. For example, borrowers can let the interest accrue for years, then make lump-sum payments to generate large mortgage interest deductions to offset other taxable events like Roth conversions. Rob breaks down how payments first cover mortgage insurance premiums, then interest, then principal — which means part of that payment becomes accessible again as usable credit.We explore a case study where a retired pilot used a reverse mortgage for purchase to buy a more expensive home closer to family without draining his portfolio. By putting down cash and financing the rest with a reverse mortgage, he preserved liquidity and gained tax advantages through coordinated payments. Bruce calls this a “reverse for purchase,” a strategy that’s increasingly popular for retirees wanting to right-size their home without losing access to cash.We also address the reverse mortgage line of credit as a safeguard during market downturns. Instead of selling stocks in a bad market year, retirees can draw tax-free funds from the line of credit for living expenses, protecting their portfolios and opening opportunities for timely Roth conversions. Rob shares how even high-net-worth clients use reverse mortgages as a smart piece of an overall wealth plan, debunking the myth that they’re only a last-resort option.Jon brings us back to the bigger picture — most seniors have significant untapped equity in their homes. Reverse mortgages can help them age in place, cover rising costs, and gain peace of mind without selling their home or sacrificing lifestyle. But we’re careful to acknowledge the real costs: higher origination fees, upfront mortgage insurance premiums, and considerations around family heirs or low existing mortgage rates. Bruce reminds us it’s not for everyone, but for the right client, it can be a powerful tool.We close with Rob and Bruce sharing how listeners can reach out to explore whether a reverse mortgage fits into their own financial plan. As mentioned in today's episode, here is an exerpt from Bruce's Book "Moving to Tax Free," about Reverse Mortgages:Costs, Risks, and Considerations for Reverse Mortgage Loans and Lines of CreditLet’s address the costs first.• Reverse mortgage loans and credit lines have loan origination fees similar to regular forward mortgage loans. (Which cannotexceed $6000 and are paid to the lender.)• Real estate closing costs similar to a regular 30-year mortgage (appraisal, title, surveys, inspections, recording fees, mortgage taxes, credit checks and other fees).• Interest and servicing fees.• Annual mortgage insurance premium, which is .05% of the outstanding mortgage balance. Homeowners insurance and property taxes, which you must keep current.The front-end cost that can dissuade some homeowners from taking out a reverse mortgage loan or line of credit is the upfront mortgage insurance premium. It will be 2% of the lesser of the home value or the maximum lending limit. You don’t normally pay for this out of pocket, it is added to the loan ...
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    22 m
  • The Truth About Reverse Mortgages, Part 1

    The Truth About Reverse Mortgages, Part 1
    Nov 19 2025

    In this episode of Protecting and Preserving Wealth, we sit down with Rob Kanyur, a reverse mortgage expert from Fairway Mortgage, to break down the facts, misconceptions, and real benefits of using reverse mortgages as a strategic financial planning tool in retirement. Bruce Hosler opens the conversation by reminding us how reverse mortgages have evolved and highlights updates since he first wrote about them in his book Moving to Tax Free.

    📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

    ⏱️Chapters & What You’ll Learn:
    00:00 Introduction & Guest Welcome
    01:17 Reverse Mortgage Requirements
    07:59 Challenges & Equity Considerations
    09:01 Financial & Tax Benefits
    10:40 Misconceptions & Legacy Planning

    We begin by laying out the basic requirements to qualify for a reverse mortgage. Rob explains that homeowners must be at least 62, own their primary residence, have enough equity, and prove they can cover ongoing costs like taxes, insurance, and maintenance. He clarifies that only one spouse needs to be 62, a change that protects surviving spouses—a major improvement that came after issues in earlier versions of the product.

    Rob dives into how the industry learned from past mistakes, adding important safety features and FHA protections to keep homeowners secure. We explore the difference between qualifying the homeowner and the home itself. He breaks down what types of properties qualify—from single-family homes to condos—and what requirements must be met, like permanent foundations for manufactured homes and FHA-approved condo lists.

    One key point we dig into is how reverse mortgages eliminate house payments, freeing up cash flow. Bruce points out how this can help retirees reduce taxable income by lowering the need to draw from IRAs, which can prevent them from triggering higher Medicare premiums through IRMAA penalties. Rob explains that many clients use this tool to improve cash flow, extend their portfolio longevity, and create more flexibility in retirement spending—whether it’s travel, visiting family, or home improvements.

    We address common myths that persist today: the fear that banks take the house, the notion that reverse mortgages are too expensive, and the misconception that kids get left with nothing. Rob debunks these clearly, noting that reverse mortgages are nonrecourse loans and are safer than many people think. He stresses that cash or life insurance often make for a better legacy than home equity alone.

    This first part sets up the second half of our series, where Bruce plans to unpack the tax side of reverse mortgages in more detail. We wrap up by reminding listeners that leveraging home equity wisely can protect cash flow, minimize taxes, and preserve wealth for future generations when done thoughtfully and safely.

    Rob's Contact Info:
    Email: RobK@home.com
    Phone: 602-361-1587
    Website: https://robkanyur.com/

    For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

    Contact Our Team: https://hoslerwm.com/contact-us/

    Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

    For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

    Limitation of Liability Disclosures: https://www.hoslerwm.com/disclosures/

    Copyright © 2022-2025 Hosler Wealth Management | All Rights Reserved.

    #ProtectingWealthPodcast #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler

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    20 m
  • No Tax on Social Security

    No Tax on Social Security
    Nov 5 2025

    https://amzn.to/4msRo2kIn this episode, we unpack the real story behind the bold headline “No Tax on Social Security,” as introduced in the One Big, Beautiful Bill Act (OBBBA). While the name suggests a total elimination of taxes on Social Security, we clarify that the bill actually introduces a new “Senior Deduction” rather than exempting Social Security benefits entirely from taxation. It’s important to understand that Social Security income still plays a role in determining your provisional income, and for many, taxes on those benefits will continue.

    📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

    ⏱️Chapters & What You’ll Learn:
    (00:00 - 00:10) – Introduction & Misconceptions
    (02:20) – What Is the Senior Deduction?
    (05:52) – Income Thresholds & Phaseouts
    (08:16) – Duration & Sunset Provision
    (11:36) – Planning Strategies & Roth Conversions
    (20:22) – Practical Guidance & Closing

    We discuss how the Senior Deduction works. Starting in 2025 and running through 2028, taxpayers age 65 and older can claim an additional $6,000 deduction per person — on top of the standard deduction. For a married couple both over 65, that’s an additional $12,000. When paired with the standard deduction, eligible couples can shield up to $46,700 of income from taxation. However, the deduction begins phasing out at $150,000 of modified adjusted gross income (MAGI) for joint filers and phases out entirely at $250,000. For single filers, the phaseout begins at $75,000 and ends at $175,000.

    We walk through examples showing how this deduction impacts taxable income and demonstrate the real tax savings potential for couples near or below the income thresholds. However, for those with higher incomes or large IRA balances, we emphasize that tax planning remains critical. Just taking the deduction without looking at the big picture could be shortsighted.

    Next, we explore how this temporary deduction fits into our ongoing strategy of moving to tax-free retirement income. Even with the new deduction, the long-term question remains: will tax rates go up in the future? We believe they will, given underfunded Social Security and Medicare programs, ballooning national debt, and interest obligations. That’s why we still recommend Roth conversions, especially for those with large pre-tax IRA balances. Using bracket management, clients can strategically convert funds into Roth IRAs while minimizing taxes and keeping income within the deduction thresholds.

    We provide real-world examples of how strategic conversions today — even if they temporarily increase tax — can provide long-term protection from potentially higher future tax rates. We also show how those who’ve already moved to tax-free strategies are positioned to benefit fully from the Senior Deduction while minimizing taxable income.

    Ultimately, the key message is clear: the Senior Deduction is helpful, but it’s no substitute for a long-term tax plan. The benefits vary widely depending on your income, age, and account types. To truly take advantage of the bill and prepare for the future, every individual or couple needs a tailored tax strategy.

    For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

    Contact Our Team: https://hoslerwm.com/contact-us/

    Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

    For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

    Limitation of Liability Disclosures: https://www.hoslerwm.com/disclosures/

    Copyright © 2022-2025 Hosler Wealth Management | All Rights Reserved.

    #ProtectingWealthPodcast #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler

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    25 m
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