{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Building a Paycheck in Retirement","description":"For most of your working life, income is simple. A paycheck arrives on schedule and life gets built around it. Retirement ends that arrangement, and rebuilding a reliable monthly income from Social Security, pensions, and savings becomes the real work. Matt Landon, CFP\u00ae, CEO of Semmax Financial Group, sits down with Kyle Leonard, CFP\u00ae, to talk through how a retirement paycheck is built, why a change in withdrawal order affects your tax bill, how a large withdrawal can raise Medicare premiums two years later, and what changes when a spouse passes away.   Key Takeaways: \u2022 Retirement replaces the saving mindset with a spending plan built from many income sources. \u2022 Not all accounts are taxed the same, so where you withdraw from matters. \u2022 Large withdrawals and Roth conversions can raise your Medicare premiums two years later. \u2022 Each Roth conversion carries its own five-year seasoning rule. \u2022 The 4 percent rule is a starting guess, not an income plan.   Chapters: 0:00 Introduction 0:30 From Saving to Spending 1:47 The Pieces of a Retirement Paycheck 2:50 Withdrawal Order and Taxes 5:04 Medicare Premiums and the Two-Year Lag 8:00 Roth Conversions and the Five-Year Rule 10:42 Charitable Giving and Estate Decisions 12:23 How Much Can You Spend? The 4 Percent Rule 15:06 Why Start Planning Years Early 17:46 The Coordination Gap 19:32 Tax Preparation vs Tax Planning 21:24 What a CFP Does Differently 24:22 Income After Losing a Spouse 26:49 RMDs Explained 28:51 Preparing for Your First Meeting   \ud83d\udcde Call us today: 336-856-0080 \ud83c\udf10 Visit our website: https:\/\/semmax.com   Disclosure These materials are for informational purposes only. It is not intended to provide, and should not be relied on for, any tax, legal, or investment advice. Please consult a qualified professional before making decisions about your financial situation. Advisory services offered through Semmax Financial Advisors, Inc. a Registered Investment Advisory firm. Insurance products and services offered through Semmax, Inc. Tax services offered through Semmax Tax, Inc. Past performance is not a guarantee of future results. All investments include some risk, including loss of principal.   ","author_name":"The Semmax Way","author_url":"https:\/\/semmax.libsyn.com","html":"