The Ultimate Retirement Checklist

In today's video, we cover my Ultimate Retirement Checklist:

1. Healthcare
a. Fidelity Article: https://www.fidelity.com/viewpoints/retirement/transition-to-medicare

2. Start learning about Medicare
a. Free Medicare Book: https://drive.google.com/file/d/1Hqs4v7wLCjhh5ohWVVSNTs2HsGz9nufD/view?usp=sharing
b. Interview with Ari Parker: https://www.youtube.com/watch?v=RlBmPB7Dexw

3. Understand IRMMA brackets
a. IRMMA Brackets: https://secure.ssa.gov/poms.nsf/lnx/0601101020

4. Track Expenses
a. https://robberger.com/best-budgeting-apps/

5. Calculate Your Burn Rate

6. Calculate Your Guaranteed Income Ratio
a. Living Expenses
b. All Expenses
c. Boldin: https://go.robberger.com/boldin/yt-checklist

7. Plan for large expenses

8. Plan when to take Social Security
a. Open Social Security: https://opensocialsecurity.com/
b. Mike Piper Interview: https://www.youtube.com/watch?v=AQC0-vj6h5w

9. Cash

10. Create a Tax-Efficient Withdrawal Strategy
a. Which accounts to draw from (tax issue)
b. Which investments to sell (asset allocation issue, rebalancing)

11. Understand how investment withdrawals are taxed

12. Consider Roth conversions

13. Plan how to spend down your HSA

14. Simplify Accounts
a. Decide where to hold your investments

15. Simplify Investments

16. Consider your asset allocation
a. Driven by burn rate

17. End of Life Documents
a. Will
b. Trust
c. Powers of attorney
d. Healthcare directives
e. Review account beneficiaries

18. Consider how to use your home equity

19. Consider using retirement planning tools
a. https://robberger.com/best-retirement-calculators/

20. Protect your online accounts (financial, email, social)
a. 2FA
b. Password Manager: https://go.robberger.com/1password/yt-
c. Antivirus Software: https://go.robberger.com/aura/yt-
d. Credit Monitoring: https://go.robberger.com/aura/yt-
e. Financial Account Monitoring: https://go.robberger.com/monarch-rob50/yt- (use code ROB50 for 50% off the first year subscription)
f. VPN: https://robberger.com/best-vpn-service/

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*Financial tools I use:*

*I track all of my investments, performance, fees, and asset allocation with Empower. It's Free:*
https://go.robberger.com/empower/yt-

*I use Monarch Money to manage our budget:* https://go.robberger.com/monarch-yt/yt-desc

*My retirement plan comes from Boldin, the most robust retirement planner available at a reasonable cost:*
https://go.robberger.com/boldin/yt-

*I used Capitalize for my last 401(k) rollover. They did all of the work, and it's Free:*
https://go.robberger.com/capitalize/yt-

*My Book (Retire Before Mom and Dad):*
https://amzn.to/4d9qbhA

0:00 Intro
0:31 Healthcare
1:42 Medicare
2:34 IRMMA brackets
3:42 Track Expenses
4:42 Calculate Your Burn Rate
6:08 Guaranteed Income Ratio
7:57 Plan for large expenses
8:33 Social Security
9:37 Cash
11:11 Tax-Efficient Withdrawal Strategy/Understand how investment withdrawals are taxed
14:33 Roth conversions
16:00 Plan how to spend down your HSA
17:07 Simplify Accounts
18:02 Simplify Investments
18:34 Consider your asset allocation
19:49 End of Life Documents
20:32 Home Equity
21:10 Retirement Planning Tools
22:05 Protect your online accounts

#retirement #investing #robberger

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. I've since sold my websites, bought them back, and started a new website and this YouTube channel.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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