Have you heard of required minimum distributions (RMDs) but aren’t sure how they impact your retirement plan? In this episode of Coffee with Your Retirement Coach, Nic and I unpack everything you need to know about RMD rules, retirement income planning, and tax-smart strategies to avoid costly mistakes.

We’ll explain what RMDs are, when they start, how they’re calculated, and the tax implications you need to prepare for. Plus, we share real stories of retirees who were blindsided by RMD requirements—and how the right planning can help you reduce taxes, stay in control of your money, and enjoy retirement with confidence. Whether you’re approaching age 73 or just getting started with retirement planning, this episode will help you build a smarter strategy for your future.

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⏰ Episode Timeline

- [1:00] - Why **required minimum distributions** (RMDs) are a critical part of retirement income planning

- [2:20] - Which retirement accounts are subject to RMD rules (and why Roth IRAs are an exception)

- [3:37] - A powerful story: an engineer nearing retirement who had no idea about RMDs

- [5:42] - How RMDs are calculated using your year-end balance and the IRS life expectancy tables

- [7:33] - Flexibility in choosing which retirement account to withdraw from—and key caveats to know

- [9:11] - The truth about how RMDs are taxed as ordinary income, and one costly mistake to avoid

- [11:12] - Why you need an **RMD strategy** before age 73: Roth conversions, charitable giving, and more

- [12:36] - How market growth and IRS rules can push you into higher tax brackets over time

- [14:24] - A client story showing why even some CPAs misunderstand required minimum distributions

- [16:20] - Free resource: our **one-page RMD worksheet** to prepare for conversations with your CPA or advisor

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🔗 Links & Resources

- Request the RMD CPA Worksheet by emailing: [connect@yourretirementcoach.com](mailto:connect@yourretirementcoach.com)

- Learn more at [Yeoman’s Consulting Group](https://yourretirementcoach.com/)

If you found this episode helpful, please rate, follow, review, and share Coffee with Your Retirement Coach.

📬 Questions?

Email: connect@yourretirementcoach.com

Connect with us on Facebook: https://www.facebook.com/profile.php?id=100063585099972

🛑 Disclaimer:

Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Thinking about buying a car? Before you sign on the dotted line, grab your coffee and join me and our coach on the clipboard, Nic, as we share *proven* car-buying strategies that can save you thousands. Whether you’re eyeing a new, used, or certified pre-owned vehicle, this episode reveals how to negotiate like a pro, avoid dealership traps, and understand the *true* cost of ownership.

We’ll break down the difference between sales price and “Out the Door” pricing, how to factor in maintenance, insurance, fuel, and even resale value. Plus, you’ll hear how Nic saved a client $11,000 on a Lexus and why buying an unpopular car at the right time can be a genius money move. This is your roadmap to a smarter, stress-free car purchase—no buyer’s remorse required.

**Episode Timeline:**

[00:40] - Why most people overpay for cars—and how to avoid it.

[02:22] - The “time limit” tactic that makes dealerships work faster.

[05:20] - Real story: How research turned a $11K overpay into a huge win.

[08:00] - New vs. used: The millionaire’s approach to vehicle buying.

[12:28] - Calculating total cost of ownership (insurance, fuel, and more).

[16:45] - “Out the Door” pricing: The number that *really* matters.

[22:33] - The contrarian strategy: Why buying the car nobody wants can be brilliant.

**Links & Resources:**

- *The Millionaire Next Door* by Thomas J. Stanley & William D. Danko

- MSN Autos: [msn.com/autos](https://www.msn.com/autos)

If you found this episode helpful, please **rate, follow, review, and share** *Coffee with Your Retirement Coach*. It’s the easiest way to help others save money and drive away happy!

📬 Questions?

Email: connect@yourretirementcoach.com

Connect with us on Facebook: https://www.facebook.com/profile.php?id=100063585099972

🛑 Disclaimer:

Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

In this episode, we tackle one of the most overlooked and impactful ways to give—through appreciated assets. Whether you’re thinking about supporting your church or blessing a loved one, we break down how to give more wisely and tax-efficiently. This conversation was inspired by a listener from Marietta, and we couldn’t resist diving deeper into this topic that stirs up both generosity and smart planning.

Join Randy, Nic, and me (Aaron) as we explore two powerful angles: giving to charities versus giving to individuals. You’ll hear real-life stories, key strategies to avoid unnecessary taxes, and tips on how to be generous without creating financial complications for your recipients. If you’ve ever wondered whether to write a check or gift appreciated stock instead—this episode’s for you.

Episode Timeline:

• [0:00] Welcome & Introduction
• [0:30] Two Paths for Giving: Cash vs. Appreciated Assets
• [1:08] Giving to Charity: The Charitable Version
• [2:09] Real-Life Example: Gifting to Family
• [4:16] Gift Tax Rules & Bracket Management
• [5:38] Special Considerations: Disabilities & Financial Aid
• [7:27] Generosity Spurs Generosity
• [8:24] Key Takeaways & Final Thoughts
• [8:54] Disclaimers & Contact Info

Key Takeaways:

• Donating appreciated assets can help you avoid capital gains taxes and provide a bigger benefit to charities.
• Gifting investments to family members in lower tax brackets can be a win-win, but be mindful of gift tax limits and special situations.
• Always seek professional advice to ensure your generosity doesn’t unintentionally impact someone’s benefits or financial aid.

Links & Resources:

• Email us your questions: connect@yourretirementcoach.com
• Connect with us on Facebook: https://www.facebook.com/profile.php?id=100063585099972
• Learn more about our team: Yeoman’s Consulting Group

Thanks for being generous with your time. If you enjoyed today’s episode, please follow, rate, and share the podcast. And don’t forget to leave us a review—your feedback helps us serve more coachable people like you!

🛑 Disclaimer: Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

In this episode of Coffee With Your Retirement Coach, we’re continuing the conversation around intentional generosity and smart tax planning with Charitable Remainder Trusts (CRTs). Building on our last episode, we dive deeper into how these trusts can transform your giving strategy while creating powerful tax and income benefits. Whether you’re a generous giver, a savvy investor, or both, this episode is packed with strategies to help you build a lasting legacy and minimize your tax burden.

We share real-life client stories, break down the components of CRTs, and explore how combining them with Roth conversions can dramatically reshape your retirement plan. You’ll also hear us discuss tools like donor-advised funds and the vital role collaboration between financial planners, CPAs, and attorneys plays in making it all work. If generosity and tax savings are part of your future, you don’t want to miss this one.

Episode Timeline

[0:00] - Welcome back and celebrating Marietta’s culture of generosity

[2:15] - Why Charitable Remainder Trusts (CRTs) are ideal for the “middle-class millionaire”

[3:00] - CRT benefits: tax deductions, Roth conversions, income, and legacy impact

[5:10] - Demystifying trusts and how CRTs aren’t just for the ultra-wealthy

[6:30] - Real-life example: Jim and Margot’s CRT strategy and $600k Roth conversion

[10:12] - How CRTs provide living benefits and leave a charitable legacy

[12:20] - Using donor-advised funds for flexibility and multigenerational giving

[14:35] - Why execution matters: the need for experts and coordination

[17:45] - Strategic planning for tax-free income and generational wealth

[20:10] - Setting goals for your “tax matrix” and long-term tax-free strategies

[21:00] - Why coordinated planning between professionals is how you win

Links & Resources

• Contact our team: connect@yourretirementcoach.com
• Learn more: Your Retirement Coach Website
• About Donor-Advised Funds: National Philanthropic Trust

If this episode inspired you to rethink your giving or tax strategies, share it with someone who needs to hear it! And don’t forget to rate, follow, and leave a review—we’d love to hear how this helped your financial journey. Stay generous, and as always, stay coachable.

🛑 Disclaimer: Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

It's July Fourth, and in this episode of Coffee with Your Retirement Coach, Nic and I kick things off with holiday cheer, backyard BBQs, and a few firework fails—yes, my pyrotechnic history makes a brief, reluctant appearance! But while the grills are hot and online sales are hotter, we shift focus to something far more important: how to protect yourself from online shopping scams.

We break down the latest tactics scammers are using, especially around big holiday sales and through social media ads, phishing texts, and fake websites. More importantly, we share how you can still take advantage of the convenience and deals of online shopping—safely and confidently. Plus, we’re giving away some special goodies and a free checklist to help you stay scam‑free this summer!

Episode Timeline:

[0:34] – Celebrating the Fourth: Fireworks, grilling, and family fun

[2:15] – Marietta Square memories and small-town community charm

[4:10] – Holiday deals and the draw of themed online shopping

[5:45] – The rise of fake websites and too-good-to-be-true offers

[7:30] – Why you should never click links in promotional emails

[8:00] – Spotting phishing scams via text and how to respond

[10:20] – The safest way to pay online: credit cards vs. debit cards

[12:55] – Real-life scam story: credit card fraud caught in action

[15:00] – How to use points and perks wisely on your credit cards

[16:40] – Social media ad scams and how to avoid them

[17:30] – Free one-sheet checklist offer to stay scam-safe

Links & Resources:

🎁 Get your free scam-awareness checklist by emailing: connect@yourretirementcoach.com

☕ Win a bag of Retiree Roast Coffee – tell us how you celebrate the 4th of July (first four entries win!)

📬 Questions?

Email: connect@yourretirementcoach.com

Connect with us on Facebook: https://www.facebook.com/profile.php?id=100063585099972

If this episode reminded you of someone, please share it!

🛑 Disclaimer:

Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

• Don’t overconvert — watch for Medicare and tax thresholds
• Market dips = Roth conversion opportunities
• Use non-IRA money to pay the taxes
• Coordinate between financial planners and CPAs
• Start small to activate the five-year clock

In this episode of Coffee With Your Retirement Coach, the the coaches discuss the sweet and sometimes salty world of family businesses. Just like peanut butter and chocolate, mixing family and work can be delightful or a sticky mess. From establishing clear boundaries to personal journeys of stepping into the family business, expect a blend of humor and wisdom. Discover how respect, communication, and a bit of coaching can transform family-run enterprises into well-oiled machines. Through real-life stories and practical advice, learn how to avoid turning family dinners into boardroom brawls. So grab your coffee, and maybe a cookie, and get ready to laugh and learn your way to family business success.

00:00 Introduction: Family and Business Dynamics

00:25 The Importance of Boundaries and Communication

00:48 Personal Stories: Randy and Nic's Journey

01:57 Nic's Career Path and Realizations

04:52 The Impact of Financial Planning

07:27 Joining the Family Business

12:01 Coaching and Mentorship

19:50 Respect and Communication in Family Business

21:05 Addressing Family Dynamics in Business

21:29 Setting Clear Expectations and Roles

23:26 The Importance of Coaching and Guidance

24:45 Structuring Family Business for Success

32:55 The One-Year Experiment for Business Owners

39:05 Final Thoughts and Takeaways

Thank you for listening. If this episode resonated with you, please share it with someone who might find it helpful. Reach out with your thoughts or experiences—we’d love to hear from you.

Have a question for the coach?

Send it in to connect@yourretirementcoach.com

Connect with us on Facebook: https://www.facebook.com/profile.php?id=100063585099972

Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

In this episode of Coffee With Your Retirement Coach, Aaron, Nic, and Randy explain how to avoid operating out of fear and sticking with your plan amidst market volatility. They discuss overcoming financial fears, the value of knowledge and confidence, and the need for a comprehensive approach that includes tax planning and estate considerations. Listen to learn how to stick to the plan instead of being a big chicken!

00:00 Introduction: Facing Financial Fears
00:28 Meet the Hosts: Nic, Randy, and Aaron
00:59 The Importance of a Solid Financial Plan
01:58 Navigating Market Volatility
03:01 Retirement Planning Essentials
04:32 Understanding Market Pullbacks
06:48 The Role of Confidence in Investing
13:32 Beware of Financial Product Pitches
20:08 The Value of Diversification
22:19 Tax Strategies for Low Rates
22:57 Capital Gains and Market Opportunities
24:23 Diversifying Taxes and Investments
25:20 Retirement Tax Myths
31:49 Estate Planning Essentials
39:04 Taking Action and Enjoying Retirement
42:23 Final Thoughts and Encouragement

*Episodes We Mentioned*
Luck Is Not a Plan: https://youtu.be/IL-YLSklXPY?si=bd0NN5dPPJlaB_h1

Thank you for listening. If this episode resonated with you, please share it with someone who might find it helpful. Reach out with your thoughts or experiences—we’d love to hear from you.

Have a question for the coach?
Send it in to connect@yourretirementcoach.com

Connect with us on Facebook: https://www.facebook.com/profile.php?id=100063585099972

Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.