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Most Recent Videos

How to Save Money on Groceries

How to Save Money on Groceries

Financial planner Amy Shepard shares some tips on how to save money on groceries.

Are you ready to retire early?

Are you ready to retire early?

You might have enough savings to leave work, but does your retirement plan account for how your monthly cash flow impacts health insurance costs? In this interview, Robert Powell, CFP®, sits down with Jae Oh, CFP®, author of "Maximize Your Medicare" and fellow at the LIMRA Retirement Income Institute, to discuss his paper, "Redefining Advice: Integrating Healthcare Into Retirement Planning." They break down why health care costs can no longer be an afterthought in retirement planning—and how pulling income from retirement accounts can trigger unexpected ACA subsidy cliffs and Medicare IRMAA surcharges. Key Discussion Points: 00:00 - Introduction: Why Healthcare Is No Longer an "Add-On" 01:15 - The Employer Transition: Why Pre-Retirees Misjudge Health Insurance Pricing 02:40 - Early Retirement & The ACA Premium Tax Credit Pitfall 04:15 - Paying Everyday Bills vs. Managing Marketplace Income Thresholds 05:35 - The Medicare IRMAA Surcharge: Understanding the 2-Year Lookback 07:10 - Why Financial Advisors Must Integrate Healthcare Into Cash Flow Plans 08:30 - Actionable Advice for Households Approaching Early Retirement KEY TAKEAWAYS: • Premiums Depend on Income: Unlike employer-sponsored health plans, individual coverage under the ACA and Medicare Part B/D connects your monthly premium directly to your household income. • The Pre-65 Dilemma: Generating cash flow from retirement accounts to cover everyday bills can unintentionally push your income past ACA subsidy thresholds, resulting in massive premium spikes. • The IRMAA 2-Year Lookback: The IRS looks at your tax return from two years prior to determine Medicare surcharges, meaning a financial decision at age 63 directly impacts your healthcare bills at age 65. Subscribe to FinStream to stay informed on retirement income planning, Medicare optimization, and Social Security strategies. #RetirementPlanning #EarlyRetirement #HealthcareCosts #Medicare #IRMAA #ACA #PersonalFinance #FinancialPlanning

The 2027 Medicaid Trap: Why Eligible People Will Lose Health Coverage

The 2027 Medicaid Trap: Why Eligible People Will Lose Health Coverage

Could you remain completely eligible for Medicaid and still have your healthcare coverage terminated? In this interview, Robert Powell, CFP®, sits down with elder law attorney Harry Margolis, author of "Get Your Ducks in a Row," to unpack why sweeping procedural shifts—including new 80-hour monthly work mandates and six-month recertifications—threaten to kick eligible Americans off Medicaid rolls purely due to paperwork bottlenecks. Key Discussion Points: 00:00 - Introduction: The Medicaid Administrative Trap 01:10 - The 2 Big Shifts: Work Mandates & 6-Month Recertification 02:35 - The Exemption Problem: Proving Disability or Family Caregiving 04:00 - "Falling Through the Cracks": When State Agencies Get Overwhelmed 05:30 - Where to Find Help: Senior Centers & Disability Advocacy Groups 06:45 - The 2027 Timeline: Ages 19–64 & The 80-Hour Monthly Threshold 08:15 - Why Family Caregivers Are Hit Hardest CORE STRATEGIC TAKEAWAYS: • Procedural Disenrollment: Beneficiaries aren't losing coverage because their income is too high; they are being dropped because documents get lost or county offices fail to answer calls. • The Burden of Proof: Documenting informal work hours, caregiving for an elderly parent or sick child, or an invisible disability requires organized medical and financial paper trails. • Prepare Early: With federal mandates taking full effect by January 1, 2027 (and some states rolling out rules earlier), gathering records now is essential to surviving twice-yearly reviews. Subscribe to stay informed on retirement planning, elder law, Medicare, and public benefit strategies. #Medicaid #Healthcare #ElderLaw #RetirementPlanning #Caregiving #PublicBenefits #PersonalFinance #HealthInsurance

Decoding Your Money (View all)

The Ultimate Year-End Tax & Wealth Planning Checklist with John Nerserian: DYM Ep13

The Ultimate Year-End Tax & Wealth Planning Checklist with John Nerserian: DYM Ep13

Year-end planning shouldn’t be a reactive scramble in the final days of December. By taking an intentional, checklist-driven approach across taxes, investments, retirement accounts, and estate planning, you can significantly reduce your lifetime tax bill and avoid costly missed opportunities. In this episode, host Bob Powell sits down with longtime friend and wealth planning expert John Nersesian, founder of Nersesian Wealth Education, to break down essential proactive strategies before the calendar flips. In this episode, we cover: Proactive Tax Bracket Management: Marginal rate awareness, bracket stuffing, and managing phase-outs under new tax laws (including SALT caps, Senior Deductions, and QBI). Smart Investment Moves: Tax-loss harvesting rules, navigating the 61-day wash sale window, stock option exercise timing, and the emotional discipline of portfolio rebalancing. Retirement Optimization: Maximizing 401(k) and IRA limits, traditional vs. Roth decisions, utilizing Health Savings Accounts (HSAs) as supplemental retirement vehicles, and executing strategic Roth conversions. Distribution & Program Rules: Mandatory RMD timing and penalty reductions, Social Security claiming coordination, and Medicare enrollment choices. Legacy & Philanthropy: Annual gift tax exclusions, 5-year front-loading for 529 plans, "bunching" charitable deductions to beat the standard deduction, and utilizing Qualified Charitable Distributions (QCDs).

How To Protect Your Kids From Scammers

How To Protect Your Kids From Scammers

In this clip from FinStream's Decoding Your Money Podcast, Nina and Professor Milligan discuss the significance of defining financial goals and the vital need for scam prevention, especially for children in today's digital world. Tune in for essential insights! #FinancialLiteracy #ScamPrevention

Are Your Kids Learning Money from You or TikTok?

Are Your Kids Learning Money from You or TikTok?

Learn how to teach kids about money: earning, spending, saving, investing, and avoiding scams through everyday conversations.

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