Could You Lose Half Your Retirement Income to Taxes? - 572

"Carl and Jane" have eight million bucks, and their advisor is suggesting a 130/30 long-short investing strategy. Joe Anderson, CFP® and Big Al Clopine, CPA spitball on whether this is a smart tax move or unnecessary complexity - and whether they would do it themselves, today on Your Money, Your Wealth® podcast number 572. Plus, Tyrone and Tova think they may never even need their retirement accounts, so do they really need to bother with Roth conversions if the kids are going to inherit the money anyway, or could skipping the conversions mean losing half their retirement income to taxes? Mark in San Diego is juggling Roth conversions and Social Security timing without blowing up his tax bill, or the income-related monthly adjustment amount for Medicare, or net investment income tax. And "Boat Drinks" has a big non-qualified deferred compensation plan. How can he structure payouts before it turns into a tax nightmare - and before he potentially gets laid off? Free Financial Resources in This Episode: (full show notes & episode transcript) The Emotionless Investing Guide - free download The Ultimate Guide to Roth IRAs - free download The Truth About Your Love/Hate Relationship with Money - YMYW TV Financial Blueprint (self-guided): Financial Assessment (Meet with an experienced professional): REQUEST your Retirement Spitball Analysis: DOWNLOAD more free guides: READ financial blogs: WATCH educational videos:

You can listen to Could You Lose Half Your Retirement Income to Taxes? - 572 online on Radio and Podcast. Open the player on this page to stream the available audio.

Could You Lose Half Your Retirement Income to Taxes? - 572 is an episode from Your Money, Your Wealth by Your Money, Your Wealth.

This episode is 51:00 long.

This episode was published on Mar 10, 2026.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Your Money, Your Wealth when more episodes are available from the podcast feed.