Retiring From Speedway: Recent Episodes
with Rob Russell
The 'Retiring From Speedway' podcast is designed to educate you on all of the options and choices you have to make when retiring/leaving Speedway/7-Eleven. Your host, Rob Russell, is a former Speedway employee and his company, Russell Total Wealth & Wellness, has helped many former Speedway employees from I.T., H.R., Accounting, Marketing, Executive level, etc. retire from Speedway. Rob wishes he would've had a resource like this - a podcast that would've walked him through the different steps and decisions he had to make when he left Speedway, so he created it for other Speedway/7-Eleven folks to help them avoid mistakes and make the right decisions when retiring/leaving Speedway. Rob Russell offers investment advisory services through Russell Capital Management. Russell Private Investment Group offers securities through Kalos Capital, Inc., Member FINRA, SIPC and investment advisory services through Kalos Management, Inc. 11525 Park Woods Circle, Alpharetta, GA 30005 (888) 356-1950. Neither Russell Capital Management nor Russell Private Investment Group are affiliates or subsidiaries of Kalos Capital, Inc. or Kalos Management, Inc. Russell Total Wealth & Wellness is not affiliated or endorsed by Speedway/7-Eleven in any way.
Rolling over your 401(k) is relatively simple, but they are a lot of things that can go wrong and trigger taxes and penalties. Rob walks you through the most 'fool-proof' approach to rolling over your 401(k), how to avoid double-taxation on your retirement funds, and 2 special provisions in the tax code that allow you to take better control of your $ and convert employer stock to a potentially lower tax rate. Even if you're a few years from retirement, this is a must-listen episode!
Investing FOR retirement is very different than investing DURING retirement. Rob helps guide you through determining how much risk you should be taking in the stock market, building your Fiscal House to create a more comfortable & durable portfolio, and avoiding the diversification mistake of 'de-worsification'.
One of the most important financial decisions you will ever make is what to do with your pension election. Rob guides you through the pros & cons of the 3 most popular pension options retirees choose when leaving Speedway / 7-Eleven AND he covers the tax consequences of each option as well as the impact to your spouse and heirs.
When retiring or leaving Speedway you have an important decision to make with your 401(k) - should it stay or should it go with you? Don't make the wrong move with your largest asset, listen closely as Rob shares the times when it makes sense to leave your 401(k) right where it is and examples on when it makes sense to roll it over to an IRA.
Rob helps you make sense of all the acronyms within your retirement plan. If you've worked for SuperAmerica, Valvoline, Ashland, MPC/MAP/MRO, etc., chances are that you have a bunch of different plans with a bunch of different rules governing each plan - some with serious tax complications to you! Follow along with Rob as he helps you make sense of the alphabet soup in your retirement plan.
As more people consider leaving or retiring from Speedway/7-Eleven corporate, Rob discusses what happens to your unused vacation and sick time, how to potentially increase your payout AND most importantly how you can avoid a nasty tax surprise on this lump sum payout. For more help check out TalkToRussell.com