You’ve saved for retirement. You’ve invested carefully. But now comes the most important question:

How do you actually get paid in retirement?

In this episode, we break down how retirement income really works — how money moves from your various accounts into your checking account, how taxes impact each source, and how to design a system that keeps income predictable and flexible.

We cover:

✔️ Social Security – how benefits are set up, direct deposit, tax withholding, and Medicare deductions✔️ Pensions – predictable income, tax treatment, and coordination✔️ IRAs and 401(k)s – withdrawal rules, mandatory withholding, and tax implications✔️ Roth IRAs – tax-free income strategies✔️ Brokerage and trust accounts – capital gains and income planning✔️ Annuities – qualified vs. non-qualified taxation and LIFO rules✔️ Investment real estate – rental income, taxes, and ownership considerations

Retirement isn’t just about accumulating assets — it’s about creating a coordinated income strategy that adapts as markets, taxes, healthcare costs, and life circumstances change.

We also discuss:• How taxes affect each income source• How Medicare premiums are deducted• Why flexibility matters• How to integrate spouses and beneficiaries into the plan

A well-designed retirement income plan ensures that multiple sources work together efficiently — creating confidence, clarity, and financial stability in your “last career.”

If you’re approaching retirement or already retired, this episode will help you understand how to turn your savings into a reliable paycheck.

Subscribe for more conversations about retirement income, tax strategy, and financial clarity.

Are you making financial decisions based on myths that just sound true? 👀

In this episode of Your Bread & Butter™, Andrew and Ryan break down 10 of the biggest money myths—even Bigfoot doesn’t believe these. From “Roth is always better” to “You should pay off your mortgage ASAP” and “The market is too high to invest,” we unpack why these beliefs stick—and what the practical truth actually looks like.

We cover:

• When a Roth isn’t the best move

• Why liquidity can beat a paid-off mortgage

• The real risk of waiting to invest

• Why estate planning isn’t just for the wealthy

• The difference between diversification and just having multiple accounts

• Whether you really need to eliminate all debt before investing

• If your employer plan is enough

• And more

Money myths spread because they’re simple, confident, and easy to share—especially on social media. But oversimplified rules of thumb can lead to missed tax opportunities, lost compounding, emotional stress, and costly decision fatigue.

Our goal in this episode: replace popular myths with clear, practical truths you can actually use.

If you’ve heard a financial “rule” you’re unsure about, drop it in the comments—we might feature it in a future episode.

🎧 Listen wherever you get your podcasts.🌐 Learn more at: www.privatefinancialdesign.com

Retirement isn’t just about reaching a certain age — it’s about having the means and the plan to retire with confidence.

In Part 2 of our Retire-In-Mint Condition series on Your Bread & Butter™, we break down the true cost of retirement, what expenses may decrease, what tends to increase, and how to think through the big question:

👉 “When can I retire?”

We also walk through the major retirement milestones (59½, 62, 65, 66–67), and how to build a smart retirement income strategy using both fixed and flexible income sources—while staying as tax efficient as possible.

✅ What may get cheaper in retirement (debt payments, commuting, taxes, clothing)✅ What may get more expensive (healthcare, Medicare, out-of-pocket costs, home repairs, inflation)✅ Retirement milestones by age:• 59½ – Qualified retirement account distributions• 62 – Social Security eligibility• 65 – Medicare• 66–67 – Full Social Security✅ The FIRE movement (Financial Independence, Retire Early)✅ How to generate retirement income:• Fixed sources: Social Security, pensions, annuities• Flexible sources: 401(k)s, IRAs, Roth accounts, brokerage accounts, cash✅ Staying tax efficient: knowing what income to pull—and when

Summary:

✔ Have the resources (no do-overs)✔ Have a vision✔ Create a plan

🌐 Learn more: www.privatefinancialdesign.com🎙 Subscribe to Your Bread & Butter™ wherever you get your podcasts.