Tag: HSA
Mastering Financial Literacy in Your Golden Years (Ep. 48)

Mastering Financial Literacy in Your Golden Years (Ep. 48)

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Are you ready to greet retirement with a well-prepared smile?

Welcome to the Relax, It’s Retirement podcast, where we dive into mastering financial literacy in your golden years. This episode, featuring Josh Leonard and Pete Belcastro, zooms in on transitioning into retirement with intent. They explore practical tips for income and budget planning in April’s Financial Literacy Month, highlighting ways to navigate the shift from a steady paycheck to managing retirement funds. Through engaging discussions and real-life examples, you will glean insights into making informed decisions for a fulfilling retirement.

Josh and Pete discuss: 

  • Understanding income and budgeting in retirement
  • Navigating the transition from receiving regular paychecks to retirement income planning
  • Strategies for managing expenses and creating effective budgets
  • Addressing the impact of healthcare expenses during retirement
  • And more

Resources:

Connect with Josh Leonard: 

Connect with Pete Belcastro: 

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Is Your End-of-Year Financial Checklist Ready? (Ep. 29)

Is Your End-of-Year Financial Checklist Ready? (Ep. 29)

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The end of the year is the perfect time to take stock of your personal finances and make any adjustments that need to be made. 

From catching up on retirement contributions to making charitable donations, you have a bit of time left to get everything in order before 2024. 

In this episode, Josh Leonard explores end-of-year financial planning. He dives into assessing asset and debt issues, understanding tax implications, maximizing contributions to tax-advantaged accounts, and more. Josh also explains the benefits of gifting money to avoid estate taxes and the importance of financial aid planning for children or grandchildren attending college.

Josh discusses: 

  • The need to look at taxable investment accounts and making end-of-year moves
  • The importance of taking required minimum distributions (RMDs) for individuals turning 73 this year
  • Tax planning strategies
  • The importance of maximizing contributions to accounts like HSAs and 401(k)s by the end of the year
  • The need to review insurance plans during open enrollment and update estate documents in light of any family changes or additions
  • The importance of considering financial aid planning strategies for college-bound kids
  • And more!

Resources:

Connect with Josh Leonard: 

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