In a world where technology touches every aspect of our lives, it's no surprise that it has also made its mark on the financial industry. So, in today’s episode, we’re going to unpack the toolbox of technology that's promising to redefine retirement planning. From robo-advisors to online calculators, we’ll discuss whether certain tools truly simplify the planning process or introduce new complexities.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:45 – Google has made life easier, but can lead to misformation

5:50 – Online calculators can provide a great starting point

7:52 – The benefits and drawbacks of do-it-yourself trading platforms

11:35 – Thinking about the end game with online courses and webinars

15:19 – Being careful with online advice from financial influencers

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

The future of retiree health care costs is on the rise. In fact, the Employee Benefit Research Institute released numbers for 2023 showing an 8% increase in retiree healthcare costs for the year. Stay tuned as Phil and Marc unpack these latest figures, which suggest that a typical U.S. couple may need upwards of $413,000 to cover their healthcare expenses in retirement.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:20 – The 8% increase in healthcare costs in the U.S.

4:56 – Pros and cons of Medigap and Advantage plans

8:37 – How Phil’s office helps clients with healthcare

11:17 – Understanding the costs and complexities of Medicare and Medicaid

Resources for this episode:

https://www.fa-mag.com/news/retiree-healthcare-costs-increased-8--in-2023-76822.html

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

Retirement is often painted as a serene, stress-free period of life where the worries of the working world fade away. However, psychologists have determined that retirement is one of the most stressful events that some people will experience in life. In this episode, we’ll look at the ways to proactively deal with the stress surrounding the retirement process.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:02 – The major lifestyle changes that come with retirement

3:34 – Embracing new challenges

6:16 – Keeping your options open

9:16 – Keeping your sense of perspective

12:08 – Finding a good financial advisor

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts