Ep 18: Retirement Checklist, Pensions, & More Mailbag Questions

Before we start up a new financial series, Ben’s going to open up the mailbag and answer a few questions from listeners that address retirement checklists, military pension benefits, and consolidating all of those retirement accounts you own.

 

Show Notes and Additional Resources: https://www.baschrock-fg.com/podcast/ep-18-retirement-checklist-pensions-more-mailbag-questions/ 

 

Today's Rundown: 

0:50 – How’s the new year going?

2:35 – Financial dictionary: Tax-loss harvesting

4:30 – Is this something you do late in the year or can it be done early in a year before tax season?

5:43 – Mailbag question: I’ll be retiring in one year. What’s on the list of things I need to do before I officially walk away?

8:54 – Mailbag question: My husband’s military pension is a very nice monthly benefit but I don’t get any of it after he dies. It’s nothing we can change now so how do we address this problem moving forward?

11:25 – Mailbag question: I’m a little overwhelmed by how many accounts we have. We’ve moved around to a lot of different jobs. Between my wife and I we have 6 401ks, 3 IRAs, 2 Roth IRAs, 2 small pensions, a 403b, and individual stocks. How much do you think we can consolidate and how will that all work?