The Atomic Retirement: Recent Episodes
Ryan Kilkenny
The Atomic Retirement is a retirement podcast brought to you by financial planner Ryan Kilkenny, a U.S. Marine Corps veteran ๐บ๐ธ and the founder of Atomic Planning. Ryan is on a mission to educate and empower families to confidently navigate all things money, tax, and retirement. Join him each week as he covers topics on the minds of people in and near retirement. Ryan talks about: retirement planning, retirement income, Roth conversions, tax planning, investing, stocks and bonds, 401(k)s, Roth IRAs, health savings accounts, social security, medicare, long term care, insurance, charitable giving, estate planning, and more. You can learn more at https://www.atomicplanning.com/
When it comes to bringing people together, few things can match the magic of food, music, and, of course, the thrill of vacationing. Today we're talking about vacationing and I'm joined by Mark Comfort, an industry expert with more than 30 years of experience helping people create memories that last a lifetime. Mark has traveled to 108 countries and he and his wife Mimi are the owners of Cruise Holidays and Comfort Tours and Travel in Kansas City. They specialize in ocean cruises, river cruises, all-inclusive resorts, and custom land-based vacations, and they transform ordinary vacations into extraordinary journeys, taking people on thrilling adventures across the globe. If you're looking for ideas for your next family vacation or would like help planning one, today's episode is for you. So grab your passport and join us as Mark shares a few of his vacation secrets, favorite destinations, and unlocks the keys to a life filled with adventure. I hope you enjoy this episode of The Atomic Retirement podcast!
Resources Mentioned
- Cruise Holidays and Comfort Tours and Travel Website
- Facebook Page
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One of the most important decisions you will make in retirement is deciding when to collect your Social Security benefits. Social Security is a guaranteed lifetime annuity designed to pay you an inflation-protected income for as long as you live. But figuring out when to collect payments, especially if you are eligible for multiple benefits or coordinating with a spouse, can be nearly impossible. And here is the hard truth. Most retirees are giving up tens of thousands or even hundreds of thousands of dollars because they collect their benefits too early. I hope you enjoy this episode of The Atomic Retirement podcast!
Resources Mentioned
- The High Price Retirees Pay for Collecting Social Security Too Early
- Social Security Administration Website
- Social Security Cost-of-Living Adjustment (COLA) Information
- What is FICA?
Start Your Atomic Retirement Journey
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๐ Ask Ryan a Money Question
Today we're talking all things real estate with Kiley Willis. Kiley is a realtor at ReeceNichols Plaza in Kansas City (licensed in both Kansas and Missouri), and she is one of Kansas City's top real estate producers. Last year she was the top-ranked solo agent by sales volume at her old brokerage. And since 2016, she has sold more than 220 homes valued at nearly $60M in sales volume. If you have questions about buying or selling a home in this higher interest rate environment and you're not sure where to start, I think you're going to get a lot of value out of our conversation. I hope you enjoy this episode of The Atomic Retirement podcast!
Resources Mentioned
- Kiley Willis at ReeceNichols Plaza
- Kiley Willis Facebook Page
- Kiley Willis Instagram Page
Start Your Atomic Retirement Journey
๐ฑ Follow Ryan on Twitter
๐ Get Atomic Planning's Weekly Newsletter
๐ Ask Ryan a Money Question
Tax season is upon us, and you have probably received your fair share of important tax documents in the mail (or email inbox). Chances are your W-2 is not the only tax form you'll need to complete your income tax return because you likely received at least one or more 1099 forms too. Your 1099 forms report various types of income from the previous year. And that's why we must pay attention to them as we prepare and get organized for this tax season. Today we're talking about what you can learn from your 1099 forms. I hope you enjoy this episode of The Atomic Retirement podcast!
Resources Mentioned
- What You Can Learn From Your 1099 Forms
- IRS Website: Qualified Charitable Distributions for IRA Owners
- IRS 2022 Instruction 1040
Start Your Atomic Retirement Journey
๐ฑ Follow Ryan on Twitter
๐ Get Atomic Planning's Weekly Newsletter
๐ Ask Ryan a Money Question
Warren Buffett's annual shareholder letter to owners of Berkshire Hathaway stock is out. Today we'll walk through it together, and I'll point out my top takeaways. After all, the letter contains wisdom from someone with 80 years of investing experience, which Buffett points out is roughly one-third of America's lifetime! I hope you enjoy this episode of The Atomic Retirement podcast! ย
Resources Mentioned
- Berkshire Hathaway Shareholder Letters
- The Cost of Rising Short-Termism
Start Your Atomic Retirement Journey
๐ฑ Follow Ryan on Twitter
๐ Get Atomic Planning's Weekly Newsletter
๐ Ask Ryan a Money Questionย
2022 was a terrible, horrible, no good, very bad year for stock and bond markets. It seemed like everything went down in value, everything except inflation and mortgage rates which reached 40-year highs and 20-year highs, respectively. In short, 2022 was an emotionally draining year for many retirement investors and that means most panicked and yanked money out of their 401(k)s, right? No so fast. Today we're discussing what folks have been up to with their employer retirement accounts. I hope you enjoy this episode of The Atomic Retirement podcast!ย ย
Resources Mentioned
- Average 401(k) Balances Dropped 20% in 2022 - But Few Investors Flinched, Vanguard Research Shows
- From Vanguard: Positive Signs In a Challenging Market
- From NYU: S&P Historical Data Since 1960
Start Your Atomic Retirement Journey
๐ฑ Follow Ryan on Twitter
๐ Get Atomic Planning's Weekly Newsletter
๐ Ask Ryan a Money Questionย
Social Security may only be able to pay 80% of its promised benefits starting in 2035 if Congress does not address a projected shortfall. Today we're talking about 7 changes Americans say they are willing to make to fix Social Security. I hope you enjoy this episode of The Atomic Retirement podcast!ย ย
Resources Mentioned
- 7 Changes Americans Are Willing to Make to Fix Social Security
- The 2022 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds
- Social Security Administration Website
Start Your Atomic Retirement Journey
๐ฑ Follow Ryan on Twitter
๐ Get Atomic Planning's Weekly Newsletter
๐ Ask Ryan a Money Questionย
Healthcare is not cheap and, aside from taxes, might be your most costly retirement expense. Did you know there's a tax-advantaged savings account to help with your healthcare costs? Health Savings Accounts came about in 2003, and many people are unfamiliar with their benefits and tax secrets. That's our topic on this episode of The Atomic Retirement podcast!ย ย
Resources Mentioned
- Tax Secrets of Health Savings Accounts
- The Best HSA Providers of 2022
- IRS Publication 969 - Health Savings Accounts and Other Tax-Favored Health Plans
- IRS Publication 502 - Medical and Dental Expenses
Start Your Atomic Retirement Journey
๐ฑ Follow Ryan on Twitter
๐ Get Atomic Planning's Weekly Newsletter
๐ Ask Ryan a Money Question
Today we're talking all things Medicare with Danielle Roberts. Danielle is a Medicare expert and the co-founder of Boomer Benefits, an insurance agency helping people across the country understand Medicare and their insurance options. She's also the author of 10 Costly Medicare Mistakes You Can't Afford To Make. If you have Medicare questions and you're not sure where to start, I think you'll get a lot of value from our conversation on this episode of The Atomic Retirement podcast!
Medicare Open Enrollment 2023 starts October 15, 2022 and runs until December 7, 2022.
Resources Mentioned
- 10 Costly Medicare Mistakes You Can't Afford to Make by Danielle Roberts
- Boomer Benefits Medicare Blog
- Boomer Benefits YouTube Channel
- Medicare.gov Website
- Medicare & You 2023 Handbook
- 2023 Medicare Premiums, Deductibles, and Co-Insurance Amounts
- Income-Related Monthly Adjustment Amount (IRMAA) Life-Changing Event Form SSA-44
Start Your Atomic Retirement Journey
๐ฑ Follow Ryan on Twitter
๐ Get Atomic Planning's Weekly Newsletter
๐ Ask Ryan a Money Question
With stock and bond markets down double-digits year-to-date, and inflation at 40-year highs, is it a bad time to retire? Should I delay retirement and continue working another year or two? Should I wait until my accounts rebound? Should I return to work or work part-time? That's our topic on this episode of The Atomic Retirement podcast!ย
Resources Mentioned
- Is Now a Bad Time to Retire?
- What Past Stock Market Declines Can Teach Us
- Retirees Have a Superpower
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a Zoom Meeting with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
How much money do I need to stop working, to be financially independent, and to retire?ย Do I need a half-a-million dollars, a million, two million, or something else? That's our topic on this episode of The Atomic Retirement podcast! ย
Resources Mentioned
- My Social Security Account Website
- Future Value Calculator
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Is the US in a recession? That's our topic on this episode of The Atomic Retirement podcast! ย
Resources Mentioned
- If This is a Recession, We Might Not Know for Months
- Bureau of Economic Analysis Gross Domestic Product (GDP) Data
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Today we are talking about the 15 lies and omissions that insurance salespeople tell about Indexed Universal Life (IUL) Insurance Policies. I hope you enjoy this episode of The Atomic Retirement podcast! ย
Resources Mentioned
- Is IUL a Scam? Yes. by Jeremy Schneider
- Personal Finance Club Instagram Page
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Today we are talking about 10 Social Security myths and misconceptions that refuse to die. I hope you enjoy this episode of The Atomic Retirement podcast! ย
Resources Mentioned
- 10 Social Security Myths That Refuse to Die
- Social Security Administration Website
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Today I'm joined by Samara Nazir, J.D.ย Samara is an estate planning attorney at Parman & Easterday in Overland Park, Kansas. Samara is licensed to practice law in both Kansas and Missouri, and her practice areas include estate planning and probate administration. If you have questions about your own estate plan, what it looks like to work with an estate planning attorney, what documents you need, when your documents should be updated, how probate works, and costly mistakes to avoid, I think you're going to get a lot out of our conversation on this episode of The Atomic Retirement Podcast.ย
Resources Mentioned
- Samara Nazir, J.D. from Parman & Easterday
- Connect with Samara on LinkedIn
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Today I'm joined by Nick Maggiulli. Nick is the Chief Operating Officer and Data Scientist at Ritholtz Wealth Management in New York City. He has an economics degree from Stanford University and he writes a weekly blog called Of Dollars And Data, where he focuses on the intersection of data and personal finance. Nick is also the author of a new book called Just Keep Buying - Proven Ways to Save Money and Build Your Wealth.
Resources Mentioned
- Just Keep Buying
- Of Dollars and Data
- Follow Nick on Twitter
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Today we are talking about all things insurance and I'm joined by Broc Buckles. Broc is the co-founder of BC Brokerage, an independent insurance brokerage that focuses on serving the families of fee-only financial planners, like Atomic Planning. Broc and his co-founder, Peter, help families across the country accomplish their insurance needs, and get the correct life, disability, long-term care, and annuity coverage required to safeguard their financial goals. They also review insurance policies already in place, and help me understand the current insurance market and whether a policy is still the best fit for the changes needs of the people I serve. What I love most about the movement they've started is they always put their client's interests first and lead with education, not products. They refuse to upsell and push insurance policies that people just don't need. If you have questions about life insurance, disability insurance, long-term care insurance or annuities, I think you're going to get a lot of value out of our conversation.
Resources Mentioned
- Follow Broc Buckles on Twitter
- Follow Broc Buckles on LinkedIn
- Learn More about BC Brokerage
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a Free No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Today we are talking about proactive tax planning and how it may be able to rescue your retirement and defuse a retirement tax bomb. I hope you enjoy this episode of The Atomic Retirement!
Resources Mentioned
- How Proactive Tax Planning Can Rescue Your Retirement
- 2022 Tax Rates, Schedules, and Contributions Limits
- IRS Publication 590-B Distributions from Individual Retirement Accounts
- Estimate Your Social Security Retirement Benefits
- Income Taxes and Your Social Security Benefit
- Medicare Costs at a Glance
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a Free No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
According to a recent survey from caring.com, 67% of Americans do not have estate planning documents. That's why I'm joined by Andres Mazabel of Trust & Will on this episode of The Atomic Retirement Podcast.ย
Resources Mentioned
- Trust & Will Website
- Trust & Will Estate Planning Learning Center
- 2022 Wills and Estate Planning Study from Caring.com
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a Free No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Is Social Security the Best Annuity for Your Money? That's what I'm talking about on this episode of The Atomic Retirement Podcast.ย
Resources Mentioned
- Social Security Administration Website
- Social Security Cost of Living Adjustment Information
- What are FICA Taxes
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Should I buy an annuity for retirement income? That's what I'm talking about on this episode of The Atomic Retirement Podcast.
Questions you can ask to learn more about an annuity
- How are you compensated?
- What is the commission paid to you if I purchase this annuity versus another annuity?
- What is the insurance companyโs financial strength?
- What happens to my annuity if the insurance company goes bankrupt?
- What fees should I expect to pay on an annual basis?
- Is this annuity fixed, variable or indexed?
- What is the current interest rate?
- Is the interest rate fixed for the entire term of the annuity?
- Can the interest rate decrease?
- What is the participation rate?
- Is there a rate cap?
- Is my principal and interest guaranteed?
- What is the surrender period and surrender charges?
- How much money can I withdraw per year without a penalty?
- What are my options at the end of the annuity term or when it matures?
- Will I be forced to take income from the annuity to realize the full value?
- How will my withdrawals be taxed?
- Can I be forced out of the annuity at a certain age?
- What happens to my money when I die?
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
What are Required Minimum Distributions (RMDs)? That's what I'm talking about on this episode of The Atomic Retirement Podcast.ย ย
Resources Mentioned
- IRS Website Required Minimum Distributions
- Transferring IRA Money to an HSA from Investopedia
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
Why is the 60/40 portfolio (probably) wrong for you? How do I think about asset allocation? That's what I'm talking about on this episode of The Atomic Retirement Podcast.ย
Resources Mentioned
- Historical Returns on Stocks, Bonds and Bills 1928-2021
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
What's the report mutual funds don't want you to read? That's what I'm talking about on this episode of The Atomic Retirement Podcast. ย
Resources Mentioned
- S&P Dow Jones Indices End of Year 2021 SPIVA U.S. Scorecard :
- Average Cost of Active & Passive Funds from Investopedia
- How Mutual Funds Mislead Investors
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
What's the value of good financial advice (after fees)? That's what I'm talking about in this episode of The Atomic Retirement Podcast. ย
Resources Mentioned
- Putting a Value on Your Value: Quantifying Vanguard Advisor's Alpha
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.
What does Atomic Planning mean? That's what I'm talking about during this second episode of The Atomic Retirement Podcast.ย
Resources Mentioned
- Atomic Habits by James Clear
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.ย
Who am I and why did I launch Atomic Planning, an independent, veteran-owned ๐บ๐ธ fee-only, financial planning practice? That's what I'm talking about on this very first episode of The Atomic Retirement Podcast.ย
Connect with Ryan Kilkenny
- Follow Ryan on Twitter
- Get Ryan's Saturday Morning Newsletter
- Schedule a No Obligation Retirement Tax Assessment with Ryan
Subscribe to The Atomic Retirement Podcast on your preferred podcasting platform.