{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"\u2018The Baby Boomer Dilemma\u2019 Documentary Exposes America\u2019s Failed Retirement Experiment","description":"Laura Stover, RFC\u00ae and Michael Wallin, CFP\u00ae discuss the Baby Boomer Dilemma documentary and its implications for pre-retirees and retirees. The film talks about many topics we routinely cover on the show- the growing national debt crisis, the potential for higher tax rates in the future, and the need for proactive tax planning. The national debt has exceeded $32 trillion and is expected to rise further, potentially leading to higher tax rates in the future. Effective tax rates for Americans could reach 45% by 2030, according to predictions by experts. We also cover the current state of the economy and the possibility of a recession in 2024. The market is currently experiencing a recovery, but there are concerns about a potential recession next year. It is crucial to have&amp;nbsp; a well-diversified tax plan that includes a mix of deferred, tax-free, and taxable accounts to optimize retirement income&amp;nbsp; Roth conversions can be a valuable strategy to take advantage of current lower tax rates and create tax-free income in retirement. It is important to stay informed, work with a team of professionals, and have a comprehensive retirement plan that addresses income, taxes, investments, and estate planning. Rate, Review and Subscribe to the Podcast:  https:\/\/podcasts.apple.com\/us\/podcast\/retirement-talk-podcast-with-laura-stover\/id571347188 How to Connect: redefiningwealth.info lswealthmanagement.com Schedule a Review: https:\/\/redefiningwealth.info\/schedule\/ Redefining Wealth\u00ae Custom Blueprint Income Plan: https:\/\/redefiningwealth.info\/schedule\/ &amp;nbsp; ","author_name":"Retirement Talk Podcast with Laura Stover","author_url":"https:\/\/redefiningwealth.info","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/27920541\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/160665234"}