Month: September 2025
The $1 Mistake That Could Cost You Thousands in Retirement (Ep. 18)

The $1 Mistake That Could Cost You Thousands in Retirement (Ep. 18)

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Did you know that even one extra dollar of income in retirement may trigger higher taxes, Medicare premiums, or health insurance costs?

This week, Dan Reese explains common retirement planning situations where a single extra dollar in income can unexpectedly spike your taxes, Medicare premiums, and insurance costs. From IRMAA surcharges to Social Security taxation rules to ACA subsidy limits, Dan explains how understanding these often overlooked thresholds can help retirees make more informed financial decisions.

He also walks through smart strategies to avoid them, like Roth conversions, withdrawal sequencing, and charitable giving tactics that can help protect your nest egg and optimize your income.

What you’ll learn:

  • How IRMAA charges can balloon Medicare costs overnight
  • The surprising way Social Security gets taxed and why it’s so outdated
  • The ACA income cliff that could cost you thousands in health subsidies
  • Proactive planning tools to keep your retirement tax-efficient
  • And more!

Resources:

Connect with Dan Reese CFP®:

Disclosure: Converting from a traditional IRA to a Roth IRA is a taxable event.

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The Danger of Not Knowing What You Don’t Know (Ep. 17)

The Danger of Not Knowing What You Don’t Know (Ep. 17)

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One of the biggest risks to your retirement may not be the market. It could be overconfidence.

Dan Reese examines the genuine risks of DIY financial planning, particularly in a world inundated with AI tools and financial influencers who oversimplify complex decisions. From emotional investing to overlooked tax landmines and Medicare surprises, Dan breaks down why retirement planning involves more than simply choosing investments.

You’ll learn how behavioral biases, sequence-of-return risk, and misunderstood withdrawal strategies may impact your financial future if overlooked.

What to expect:

  • Why investment planning is the “easy” part, but is rarely done well
  • The psychological traps of self-managing your money
  • Medicare costs, IRMAA, and the illusion of “free” healthcare
  • How a CFP helps you see what you don’t know and plan for what comes next
  • And more!

Resources:

Connect with Dan Reese CFP®:

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