July 9, 2026 • 37 mins
See omnystudio.com/listener for privacy information.
Listen
Watch
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
All these years you've saved up planning for a secure retirement,
but if you're not careful, it will be the irs
that is living it up when you retire by taxing
your hard earned money. Welcome to the Maggie Tax and
Financial Show with Robert and Chris Maggie of Maggie Tax
and Wealth Advisors. With over four decades of combined experience
and tax savings, income planning, and investment opportunities, Robert and
(00:22):
Chris share advice and tax planning strategies designed to protect
your retirement next day from Uncle Sam. Call them at
eight three three Maggie Tax or online at Maggie Tax
dot com. And now your host for the Maggie Tax
and Financial Show, Robert and Chris Maggie.
Speaker 2 (00:41):
Welcome Tampa Bay to the Maggie Tax and Financial Show,
and thanks for joining us today. This is one show
you don't want to miss because we're talking about a
financial storm that's forming right now and one that could
impact every retiree and every dollar that you saved. So
I'm talking about rising taxes. I'm talking about what they
mean for your retire A lot of people don't think
(01:01):
about that, and what you can do today to get
ahead of it. And one thing I recommend go to
our website, Maggie tax dot com and on the top
right click on retirement calculator. Folks, this is something that
will make you understand what we're talking about when it
comes to taxes. Click on retirement calculator, filling the information
and in thirty seconds thirty seconds, you're going to get
(01:21):
a report back to tell you what your tax is
going to be when you start taking out the required
minimum distribution. So, Chris, we have a lot to talk about.
Let's get started, and again, welcome every morning. Thank you
for joining us.
Speaker 3 (01:32):
That's just it, you know, Welcome everyone. I am Chris
Maggie and as always, great to be here. I love
doing the show. I love educating a lot of people.
Why because you need to know when's the last class
you had on all this information? You know, think about it?
You haven't, you know, when you go to school, they
don't teach this. It's amazing when you get into the
workforce and then you get into retirement and no one's
(01:53):
talking about the accumulation phase and the distribution phase and
how to buy a house and what to do with
taxes and where to put money away, so invest so
you have it for income in the most tax efficient way.
And then you start thinking about when you accumulate all
these investments and and and you start saving, and then
then what do you do if something happens to you?
Is it going to stay in your in your family?
(02:16):
Is are going to go through probate? Is it where's
it going to go? So there's so many things to
think about and things that you have to do to
monitor it throughout. So you mentioned at a financial storm
that's forming right now.
Speaker 4 (02:27):
My gosh, it is.
Speaker 3 (02:29):
And we're talking about rising taxes and we see it
each and every day. We have sales tax right, we
have property taxes, but what about your federal taxes? And
many people are saving right now in form one case,
these accounts have gotten bigger and bigger and bigger and bigger,
and these iras and but guess what, it's a big
tax time bomb. So why are taxes expected to rise?
(02:51):
And this is something that you've got to understand where
we're coming from here, because most advisors are transactional. Most
CPAs we talked about this in the last show, talk
about the prior, in the past. Well we're talking about
the future we're talking about the planning stage. If you
spent your life working, saving and doing everything right, then
you deserve to keep the retirement that you built, not
(03:12):
watch it disappear because tax rates suddenly change. And today
we're pulling back the curtain on rising tax storm that
could impact every retiree in America. And that's why it's
so important to listen up if you want to protect
your savings. This is the segment of the show that
you cannot afford to mess.
Speaker 2 (03:28):
So the way we've been taught all life is to
save on a tax deferred basis, meaning put money to
an IRA A four oh one K, four h three
B or TSP and many of you have that, So
listen up because this is important.
Speaker 4 (03:41):
Think about this.
Speaker 2 (03:42):
What if we taught our kids to save on a
tax free basis, a tax free basis, not a taxable basis.
Off you're probably listening going, what's he talking about. What
I'm talking about is a rough IRA where it's tax free.
And there's something else that the government has given. It's
called Index Universal Life, and we can't go into it
on the show right now, but I would encourage all
(04:02):
of you to make an appointment and come and meet
with Chris and I. Because when you see these two
options you have, then you're going to start thinking differently.
Why the heck am I saving Chris on a tax
deferred basis when I can have tax free money.
Speaker 4 (04:15):
Let's leave it this way.
Speaker 3 (04:16):
We all drive on a highway, right, So what if
you're cruising down the highway and starting to a little crowded,
and then guess what, there's starting to rain and it's
starting to get muggy, and it's starting to see the
different weather and the storm and happening, and guess what,
that's the road you don't want to be on because
that's where you have these iras and form one case,
(04:37):
eventually you're going to run into a financial storm, and
those are the taxes that you have to pay. But
what if you're on the same freeway, there's no traffic
and you're cruising, You got cruise control on, it's a
nice sunny day, you put down the windows, you can
breathe the fresh air, and that's your tax free retirement highway.
That's what we're talking about here. And why are taxes
(04:58):
expected to rise? Why because the US national debt is
skyrocking beyond thirty four trillion dollars. So when debt grows,
taxes almost always follow. And it's not just about now,
it's not just about the next two or three years.
We might get through that where nothing changes, but after that,
when you're in retirement seven years and you haven't worked
(05:19):
twelve years and you haven't worked, and then these start,
these financial storms start to happen. You can avoid it
if you do storm planning now. And that's why it's
so important to pick up the phone, schedule time to
meet with us eight three to three maggi tax. That's
eight three to three magi tax and.
Speaker 2 (05:34):
We all know this current rates their schedule to expire soon.
So if Congress does nothing, tax brackets automatically jump back
to the higher levels. So in two years when the
election comes back. This is not guaranteed, it's it's not permanent.
It's what I'm looking for. It's temporary. So you have
to do something about it, because retirees are the number
one holders of tax deferred money, and that's where the
(05:57):
IRS looks when it needs revenue, because you're going to
take the requirement and distribution out when you turn seventy three.
And again, Chris, we can show them the report that
how much it's going to come out at seventy three,
and it could be more than what you'd take accout
than you're working.
Speaker 4 (06:12):
That's it.
Speaker 3 (06:12):
So when you come in to meet with us, if
you have an IRA, poom okay, we'll show you what
the amount that has to come out. It's called the
requirement and distribution for some at seventy three. For others
it's if you're born after nineteen sixty, it's aged seventy five.
So you need to know this. We had a client
that came in last week, new client, and they have
an IRA and it's a large sum of IRA. They
(06:33):
had no idea. They're seventy two years old, they have
to take a distribution next year. They had no idea
what the requirement in distribution has to be. And they said, well,
I've been working with my advisor for ten years. And
I said why are you here and they said, well,
because these are things we want to be aware of
and we want a plan. We just have a transactional
advisor that just invests our money, but we want a
complete plan. And that's why they came to meet with us,
(06:55):
and we showed them the R and D and they said, well,
what do I have to have to pay tax on that?
And we show them yes, you do, But then what's
the strategy to get that money out to get on
the highway of tax free? Because taxes are expected to
rise and inflation is driven government costs up, that directly
fuels the need for higher taxes. And most retires are
planning for retirement using today's tax rates, not tomorrow's, which
(07:18):
are expected to be higher. Are you planning for expected
tax rates to be higher? And if you are, then
that's a great thing. But if you're not, haven't even
thought about it? It's so more than to pick up
the phone, schedule time to.
Speaker 4 (07:31):
Meet with us.
Speaker 3 (07:32):
Eight three to three Maggie Tax.
Speaker 2 (07:34):
Okay, so what are we talking about here? What's the solution?
Because at Maggie Tax and Wealth Advisors we use something
called the Rothologist method. This is a step by step
approach to roth conversions and tax smart planning that can
save families thousands over time.
Speaker 4 (07:50):
So listen carefully.
Speaker 2 (07:51):
If you're between fifty five and seventy five, this is
your window of opportunity. This is your solution, So don't
wait for tax laws to change in the future. Sit
down with us and see if a ROTH conversion strategy
makes sense for you. Call us at eight three to
three Maggie Tax and visit Maggi tax dot com and Chris.
So many people I think that when we see them
(08:11):
there like afraid to talk about a ROTH is that
a good thing or a bad thing? My tax bracket's
gonna go up, I gotta pay more taxes. I don't
think that's the that's wrong because they don't understand how
the rothology report works.
Speaker 3 (08:23):
Well, that's just it. They're not educated. You know, we
talk about this from the beginning of the show. When's
the last class you had? Don't how to convert my
money to the roth IRA or to tax free buckets?
You don't have those classes, right, But here you do.
And that's why it's so important. Every retirement plan that
we put together is different. This is your money, not
your advisor's not your CPS, it's your money. What are
you doing to put together an income plan exactly? What
(08:46):
are you doing to put together an investment plan? What
are you doing to put together a tax plan? What
are you doing for your estate plan? What are you
doing for your legacy plan? What about social Security? How
many people who haven't taken solid security. What's your Social
Security maximization plan? Do you have one? So if you're
listening today and you get these questions and they start
going through your head and you're saying I don't have
(09:08):
those things, well that's okay, that's why you're here. Pick
up the phone, schedule time to meet with US eight
three to three Maggie tax. Because even a small tax
increase can devastate retirement income. A jump from twenty two
percent to twenty eight percent, it's a massive over a lifetime.
Think about that six percent on your income additional why
would you not want to keep that or why would
you not want to have that? In the most tax
(09:29):
efficient way, you can pick up the phone, schedule time
to meet with US eight three to three Maggie tax.
Speaker 2 (09:34):
So here's what I want all of you to do.
While you're listening, close your eyes for a minute. Just
close your eyes from it and listen to what I'm
going to say. Imagine having a business partner who can
rewrite the rules any time they want, and they can
take a bigger share without asking and do it without warning.
That's exactly what happens with taxes in retirement and it's
(09:54):
time to finally understand who your silent partner really is.
And Chris, I think so many people do not think
about it that way. But you've got to use simple terminology.
An example, that's what's happening to all of you out
there right now. So pick up the phone, give us
a call eight three to three Maggie Tax, and let
us do the Rothology method with all of you. It
doesn't cost you, but it could save you thousands of
(10:14):
dollars in taxes.
Speaker 4 (10:15):
Absolutely.
Speaker 3 (10:16):
So if you're listening and thinking I had no idea
taxes could change my retirement this much, well, don't worry.
You're in the right place. Awareness is step one and
you've just taken it. So we're so happy that you've
heard this message because coming up next, we're going to
introduce to you the financial partner. You never asked for it,
but you still have and this partner can rise their
(10:37):
share of your savings anytime they want. You don't want
to miss this A three to three Maggie tax. That's
eight three to three Maggie tax.
Speaker 1 (10:47):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax,
Financial Show with your host Robert and Chris Maggie with
Maggie Tax and Wealth Advisors. Information on how you can
create a tax free retirement. Call eight three three Maggie
Tax or visit Maggie Tax dot com. Now you're host
(11:09):
with Maggie Tax and Wealth Advisors Robert and Chris Maggie.
Speaker 3 (11:14):
All right, let's shift gears. Welcome back to the Maggie
Tax and Wealth Advisors Show. And before the break, I asked,
what is the biggest secret to change in the way
you think about building wealth? Well, here's the truth. Taxes
are the single biggest expense you'll face in retirement. You know,
It's bigger than healthcare, it's bigger than travel, it's even
bigger than market losses. And yet most investors never take
(11:35):
the time to align their investments with the tax strategies
that could save them tens of hundreds of thousands of
dollars sometimes even more over their lifetime. So welcome back
to the Maggie Tax and Wealth Advisor Show. And I'm
here with my dad and cost of the show. And
today we're talking about a lot of things. But most
advisors out there basically tell their clients will go consult
(11:56):
with a tax advisor. Meanwhile, they're not even thinking about taxes,
not doing the justice for you, and that's why we
think it's not the right plan. So pick of the phone,
schedule time to meet with us. Because if you're looking
for complete planning, tax planning, investment planning, investment planning, social
security planning, income planning, and state planning, we can help
eight three three Maggie.
Speaker 4 (12:16):
Tax.
Speaker 2 (12:16):
And this is where smart money separates itself from average
money because when you understand the tax code, when you
use it to your advantage, your investments suddenly grow faster,
they last longer, and create far more security for your family.
And I'm not asking you to be a tax advisor.
I'm not asking you to be, you know, a tax preparer.
(12:37):
I'm asking you to come in because we understand that
that's what we do every day. And I think that
if you have an explanation where you can understand it
and it makes clarity like Chris talks about before, it's
going to help you. So let's pull back the curtain
on the strategies the ulture smart investors use to legally
reduce their tax burden. And I always get this question.
(12:57):
Legally is the key word. But the lot is are
going to boost their income and stretch their retirement dollars
further than they ever thought possible. And just remember, taxes
change all the time. It's not carved in stone, and
you have to be aware like we are about the
changes to explain it to you. So let's talk about
how some people seem to get ahead faster than some
(13:17):
other people.
Speaker 3 (13:18):
Cross why because they use tax planning with their investments.
And let's talk about this because there's a couple of
different key pullup points that we want to stress today.
Number one is taxes are your biggest retirement threat. It's
not the market. And when you understand that, then you
start doing tax planning and you can start talking about
tax buckets and tax efficient strategies because without the right plan,
(13:40):
you could pay more in taxes over your lifetime than
you ever say fore in retirement. Let's just talk about
iras for a minute. We do the retirement tax bomb.
When people come in and they have an IRA, which
is an account that's before tax, it's infected with taxes.
We have to pay taxes when you take that distribution out.
So explain to everyone listening today, I have to have
the Ira. That retirement tax bill report is so important.
Speaker 4 (14:03):
Exactly, and think about this.
Speaker 2 (14:05):
We're all taught to save in a four to oh
one k an ira a TSP, A four or three
B on a tax deferred basis. So think about this
for a second because this kind of drives me nuts
every time I think about it. We work for twenty
thirty years and we have a tax deferred. Every year
we get a tax deduction. Okay, so stop and think
a second. We get a tax deduction. What happens when
you retire? Well, with the retirement tax bill that we
(14:28):
have on our website, Maggie tax dot com, it's going
to show you that when you start taking the money at.
Speaker 4 (14:34):
Seventy three what you have to take out.
Speaker 2 (14:35):
But guess what, when you take that money out, it
goes back on your tax return. Chris is income and
at what bracket and what level? So basically my question
is is the tax deduction you took over those years worth,
what's going to happen to you now?
Speaker 4 (14:52):
Because what does it do?
Speaker 3 (14:53):
And that's why you need tax planning because it could
be hired. It's an unknown question. Morek tax right height,
so many people are paying huge amount of taxes and
they're gonna pay even more. So it's not the market
that's the threat, it's taxes.
Speaker 4 (15:03):
Right.
Speaker 3 (15:04):
Another key point is smart investors just don't chase returns,
They chase efficiency. A tax aware strategy can boost your
long term wealth more than many investment changes could. Ever,
if you're saving on taxes, you have more time for
your account to grow tax free. And that's why there's
tax free buckets. There are tax saving strategies you can do,
and if you're with the right advisor, they can talk
(15:26):
to you about this. It's called tax planning. That's what
we do with the Maggi Tax and Financial Show, is
we educate people on tax efficient strategies. It's not just
about give your advisor the money and hopefully you can
chase the right stock or pick the right one. You
could do that, but also what's the rest of the game,
because when you got to pay taxes and all that,
you can wipe away the returns.
Speaker 4 (15:45):
All right, So here's what I said before.
Speaker 2 (15:47):
We've been taught to save on a tax deferred basis,
So let's flip that coin. Let's start saving on a
tax free basis. So when you do the time and
tax bill on my website, on our website, and you
look at this. If you say I'm on a tax
rebasis and you pay the tax today, I'll bet you
in twenty thirty years, Chris forty years. And they look
at the account and they go, what tax do I
(16:08):
have to pay?
Speaker 4 (16:09):
What's the answer?
Speaker 2 (16:10):
Zero?
Speaker 3 (16:10):
You can never beat a zero tax account. And it's
a beautiful thing because every account you own is tax differently,
and most portfolios are just built backwards. Their advisor is
not thinking that way, So your portfolio is built backwards.
Who wants an account that's built backwards. You don't want
to plan that way.
Speaker 2 (16:26):
Because that's what we were taught in our show is
based on the fact of saving on a tax free basis,
and this is something that all of you should be
looking at. If you have an IRA four oh one k,
to show you how we can turn it into a
tax free account doing a Roth conversion strategically, and Chris,
this is what people are not educated on it. They think, oh,
my gosh, I got to pay all this tax. Now
(16:48):
explain no, you don't.
Speaker 3 (16:50):
Well, that's why structure in your assets and the right
accounts can immediately increase what you keep. So pick up
the phone, schedule time to meet with us. Eight three
three Maggie Tax. Visit our website at Maggie tax dot
com because a personalized tax plan can stretch your retirement
dollars by years.
Speaker 4 (17:05):
Just use this example.
Speaker 3 (17:06):
If if your account's growing at five percent on a
tax free basis, it's way better than an account earning
eight percent or ten percent on a before tax basis
because you got to pay taxes at a question mark
tax rate. Who knows what it's going to be. So
when the IRS takes less, your income lasts longer, your
lifestyle improves, and your wealth grows faster. That's what our
mentality is here. So pick up the phone, schedule time.
(17:28):
Let's put together a tax plan for you. Eight three
three Maggie Tax and go to our website Maggie Tax
dot com. I challenge all of you who have an
IRA four oh one K. Go to the top right
and hit retirement tax bill.
Speaker 2 (17:39):
If you're honest with everything, put your numbers in there,
put your agent there, and then by time you click
it in thirty seconds, you're going to get the report
back of what you're going to wind up getting or paying.
When you turn seventy three. And this is important. So
if you're thinking that taxes may be quietly draining your retirement,
you're not imagining it.
Speaker 4 (17:56):
It's true.
Speaker 2 (17:57):
It's happening every single day to people who say don't
know any better, well, who waited until it was too late,
And that's the wrong strategy. But that doesn't have to
be your story. And we always say, you have a
chance right now to take control, okay, to legally keep
more of the money that you've worked your entire life
to save, to stop overpaying irs and start redirecting those
(18:22):
dollars back into your future, your family, and your peace
of mind on a tax free basis.
Speaker 4 (18:27):
So, but it.
Speaker 2 (18:27):
Starts with one step, picking up the phone a three
to three Maggie Tax. Stop being curious and start being serious.
Eight three to three Maggie Tax.
Speaker 1 (18:44):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax
Financial Show with your host Robert and Chris, Maggie with
Maggie Tax and Wealth Advisors. For information on how you
can create a tax free retirement, call eight three three
Maggie Tax, or visit Maggie Tax dot com now you're
(19:06):
host with Maggie Tax and Wealth Advisors Robert and Chris.
Speaker 3 (19:09):
Maggie, You've spent a lifetime building your savings, but the
moment you step into retirement, everything changes. The rules shift,
the risks multiply, and the money you've worked so hard
to protect becomes more vulnerable than ever before. Inflation eats
away at your buying power, market volatility threatens your nest egg,
and healthcare costs explode, and unexpected life events can rewrite
(19:31):
your retirement in an instance. So welcome back to the
Magi Tax and Wealth Advisors Show. And each and every
week we talked about clarity and confidence, because the one
wrong move, or worse, no move at all, can undo
decades of hard work. So many people are in the
accumulation phase of their retirement, but what about the distribution phase?
And we specialize in helping people put together a plan
(19:53):
to help you during those retirement years. So pick up
the phone, schedule time to meet with us. Eight three
to three Maggie Tax.
Speaker 4 (19:59):
But here's the truth most people don't hear.
Speaker 2 (20:01):
Remember those legendary NFL defenses I mentioned before the commercial break,
talk about the Pittsburgh Steelers, the Chicago bears. Well, retirement
isn't about growth anymore. It's about defense. Defense. Defense. That's funny, right,
You send it the game and you go defense defense.
Speaker 4 (20:18):
Well, that's the way it is. It's for real, okay.
Speaker 2 (20:20):
It's about protecting what you have, securing your income and
making sure your money last as long as you do so.
And this is where the right strategy becomes everything, because
retirees who understand how to shield their savings don't just survive,
they strive, they live confidently, they sleep peacefully, and they
(20:40):
retire on their term. So these are strategies that safeguard
your life savings from the biggest threats in retirement and
reveal how you can protect everything you've worked for. Just remember,
you worked so many years for this. And I know,
and I bet you people listening out there aren't really
thinking about retirement, Chris. They're thinking about whatever the next
game is, or the next you know play they're gonna have,
(21:01):
or the next you know show they're going to see.
Speaker 4 (21:03):
They're not thinking about retirement, not for a minute.
Speaker 2 (21:06):
And I think that's where most people they don't get
trained well, they don't get educated that well.
Speaker 4 (21:10):
And you know what, when when you get to the
end and did the game.
Speaker 2 (21:13):
Like they say, you've got to score, but you can't
be sure at the goal line, Chris. You've got to
get the right information and make sure that it makes
the right thing for you.
Speaker 4 (21:22):
Well, that's it.
Speaker 3 (21:22):
So that's why we have our show each and every
week on ABC TV at ten thirty on Sunday. Tune
in because we talk about these things. We talk about
what you can do. You know, if you have an
income plan in retirement, you're going to be better off.
But if you have no plan, then guess what you
have the government plan and that's not a plan that
you want. So pick up the phone, schedule time to
meet with us. Eight three three, Maggie tax because it's
(21:44):
about protecting your assets in retirement. Retirement doubles your exposure
to risk. You know, without a paycheck, every dollar must
be protected from the market drops, the inflation, taxes, and
unexpected expenses. And it's true. I mean many people in
retirement and we do use what our clients. You know,
things happen, things are, things are going on, and what
(22:05):
do they do. Well, that's why they have to have
a plan, because you can always go to another bucket
if you need more income, or you know, maybe you
can go and have tax free income in the most
tax efficient way if you've set that up already for yourself.
And what about if something happens God forbid and you
need to pass away, do you want to go through
probate or do you want to go through avoiding.
Speaker 4 (22:25):
The probate process?
Speaker 3 (22:26):
And these are things that many people aren't thinking about
until today. And you know, I'm forty six years old.
And when I sit there and talk about people who
are about to retire and retired, I'll do You know,
they're older and than we are, but the end of
the day, they don't have a plan. They need to
have it. So if you're listening today, put together a plan.
Pay close attention because now is the time to do something.
(22:47):
Eight three to three Maggie Tax. You know one thing
I've always dreamed of, and you and I have done
this before. I should open up.
Speaker 2 (22:53):
The retirement School of retirement with Maggie Tax and Wealth Advisors.
Because ask your children how much they're learning in school
about defensive strategies for retirement. I don't think they are.
And how to win the retirement game, and that's up
to you the parent. And you know, and teach the
kids because the goal shifts how much can I make
to how long can I make it last?
Speaker 4 (23:15):
And that's the biggest problem right now.
Speaker 2 (23:16):
You know, people work today and they want to make
sure they have enough income and they're looking for a
job that's going to give them enough income and and
a retirement plan. So you know, one major market event
can permanently damage your income. If if the market goes
down and you're taking money out, it's going to reduce
your amount that you get because your account value went down.
So when you're withdrawing in retirement, losses hit harder and
(23:40):
recover slower, if they recover at all. I'm sorry, Chris.
Speaker 3 (23:43):
Let's use an example. Like many people say, do you
got to get to a million dollars or of retirement dollars? Well,
you don't have to because every situation is different. When
you move, the right advisor will talk about how much
income do you need. Let's just use that a million
dollars for an example of what you just talked about,
because one major market event can permanently damage your ink, right,
so think about the million dollars. Well, say the market
(24:04):
goes down forty percent, Well, on the million dollars that
before the market went down, you were getting say four
percent income, that's forty thousand dollars a year of income.
But if the market goes down forty percent, now you
have six hundred thousand at four percent, that's twenty four
thousand dollars of income. So you just lost sixteen thousand
dollars of income because there was a big market drop.
(24:26):
So one major market event can permanently damage your income.
Have you thought about that, because when you're in the
distribution phase of your retirement, losses hit harder and the
recovery process is slower because on that six hundred thousand dollars,
you don't have to get forty percent to break up
to get to even of a million dollars, you have
(24:46):
to do a lot more hard work just to get
to back to a million. So whatever it is, if
it's one hundred thousand, if it's two million, if it's
five hundred thousand, it doesn't matter. The concept is the same.
You have to make sure that you have a plan.
A protected plan gives you freedom because when your income
and assets are secure, you live retirement on your terms, confidently, comfortably,
(25:08):
and without fear, with clarity and confidence, and that's why
when people come to meet with us, we put together
Maggie Plan. The Maggi plan is what income planning, tax planning,
investment planning, social security maximization planning, estate planning, legacy planning.
When you meet with the right advisor, there's so much
(25:29):
that you can discuss to put together a plan for you.
Are you looking for a transaction? Are you just trying
to find the best stock or the best fund out
there to put your money into. Well, if that's what
you're looking for, that's that's not us. But if you're
looking for an overall plan where you're dialed in on
what you really want income in a most tax efficient way,
buckets of money with a purpose, making sure that everything
(25:50):
passes the way you want to, then that's what we
do for you. So you pick up the phone, schedule
time to meet with us. Eight three three mag attacks.
We're here for you, Magi tax dot com. We have
so many, so much help here to help people and
educate them on ways to do this right.
Speaker 2 (26:06):
So let's recap for a second, because we said a
lot today, but there's four powerful bullets that protecting your
assets in retirement and how many of you really, you know,
taking some time to do that. So retirement doubles your
exposure to risk. You got to be careful because the
older you get and the more risk you take, that's
going to lose your paycheck if you will, because you
have to have a paycheck when you retire. Could it
(26:27):
be so security, could it be pensioned, Could it be interests?
Could it be a lot of those things. But you
have to be ready to make sure that this is
protected and defensive strategies with retirement game. What am I
talking about there? I said it before. You know how
much red money green money do you have? Are you
taking too much risk? Are you doing a risk tolerance
to see what your risk is? Many people don't. They
(26:48):
just leave it and forget it, and that's not a good.
Speaker 4 (26:50):
Way to go.
Speaker 2 (26:51):
And you know, one major market event can permanently damage
you know, your income because you have to let us know.
And one thing Chris and I do and my advisors
here at Maggie Tax and Wealth Advisors, the first question
is how much income do you need in retirement? Because
many of you don't think about it. Many of you
just take, like Chris talked about before, takeout forty percent
(27:12):
and then let the account go down. That's not a
retirement plan, that's not an income plan. So think about it.
Have someone review your account. Even if you're right now
listening to me and Chris, maybe you think, oh, my
accounts are great.
Speaker 4 (27:23):
No they're not.
Speaker 2 (27:24):
I can say they're not because something's wrong with them.
Have someone look at it. Get a review, okay, and
a protected plan gives you freedom. And Chris, every time
we see clients come in, I think the biggest thing
is fear. You know, they're going to run out of money.
They're not sure what's going to happen with their you know,
state plan. It's because they don't sit down and talk
to someone. And that's what we do with the Maggie plan.
(27:45):
Would you agree absolutely?
Speaker 3 (27:47):
And that's why you know you mentioned there might be
something wrong with your plan and you might not have
taxes built into it, you might not have guaranteed income
for life, a guaranteed paycheck and also a play check
you know you might have and taking more risk than
really what you want in retirement. You know, it'd be
great if the market just kept going up, up, up,
but up, but guess what, there will be pullbacks and
(28:07):
what are you doing about that. That's why it's so
important to get a plan. So if after hearing all
that and you're saying to yourself, I can't afford to
lose what I've built, then you already know how important
this is. Retirement isn't the time to gamble. It's not
the time to hope, or it's not even the time
to guess. It's the time to protect fiercely about what
(28:29):
you've protected and what you've built. You spend thirty four
or even fifty years building your savings, don't let one
moment of inaction put it at risk. Markets won't slow down,
inflation won't pause, life won't wait. But you can take
control today. And that's why we put together the Maggie Plan,
because it's incomplaining tax planning, investment planning. Pick up the
(28:50):
phone and call us today, Maggie Tax and Wealth Advisors,
right now. Let us share with you exactly how to
safeguard your retirement, your income, protect your nest egg, and
secure the time you've worked so hard for those calendars, days,
the overtime that you worked. This is the most time
right now where everything can change. Don't wait, don't hope,
(29:10):
don't leave your future unprotected. Call now before the next
market drop, before the next surprise, even before one more
day passes without a plan A three to three Maggie Tax.
If you feel your retirement is worth protecting, make the
call today eight three to three Maggie Tax. We've all
had a doctor checkup from time to time, some more
than others. But when was the last time you had
(29:32):
a portfolio check up. We'll explain what that means in
a moment. Eight three to three Maggie Tax.
Speaker 1 (29:40):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax
Financial Show with your host Robert and Chris Maggie with
Maggie Tax and Wealth Advisors. For information on how you
can create a tax free retirement, call eight three to
three Maggie Tax, or visit Maggie Tax dot com. Now
(30:01):
your host with Maggie Tax and Wealth Advisors. Robert and
Chris Maggie.
Speaker 3 (30:06):
Thanks you tuning into the Maggie Tax and Financial Show
and welcome dam Babay. I'm Chris Maggie, and we appreciate
your tuning in. Because education is so important, you want
to make sure that you know what you know so
you can make the right decisions moving forward. So we
talked about taxes and rising taxes today and how you
should have a financial plan and how do you put
it together. It needs to consist of income planning, tax planning,
(30:29):
investment planning. All those things integrate into one your plan.
If everything we covered today has made you wonder what
rising taxes could mean for your retirement, then this is
your moment. You don't need fear. You need clarity, you know,
and we're offer that clarity right now. So pick up
the phone, schedule a time to meet with us, because
the retirement taxes check up offer is right here. What
(30:52):
does that mean? That means that we can sit down
with you, look at your accounts, determine what's taxable, what's
non taxable. We talked about the high way throughout today's show.
You know, you on that that highway where your cruising
down is traffic, everyone's mad at one another because everyone's
cutting everyone off, and the weather's raining and it's not good.
And guess what do you want to be on that road? No,
(31:13):
but you can get off the exit. You get onto
the different, different road, different highway where it's sunny, it's
nice it's your own cruise control. There's no traffic. That
is a beautiful road to drive on, and you can
ride that road in retirement as well. So we're offering
you to get the clarity and we can help eight
three to three maggie tax. That's eight three to three
(31:33):
maggie tax.
Speaker 2 (31:34):
Let me throw something else out there that a lot
of people when they come in for taxes, Chris, they
ask us.
Speaker 4 (31:40):
I'll give you an example.
Speaker 2 (31:41):
We had a client come in last year and he said,
can you do a future projection for us on taxes?
Speaker 4 (31:48):
So we said yeah.
Speaker 2 (31:49):
So we said, well, here's my income this year, and
he said to me, Bobby, I think I'm going to
make this next year.
Speaker 4 (31:55):
So we did a future or forecast.
Speaker 2 (31:57):
For them, and we kind of showed him what his
tax bracket was going to be and how much he
had to withhold. So the problem was he comes back
in this year and he gets a little frustrated.
Speaker 4 (32:07):
He said, guys, you did it wrong. What do we
do wrong?
Speaker 2 (32:10):
He said, well, I did what you said on this
tax projection and it's wrong. And I said, well let's
take a look at it. So what he didn't tell
us is that the projections she gave us were low
and he actually made one hundred thousand more. So right
there in front of him was if you make more money,
then you have to withhold more. So we weren't wrong
(32:32):
in the projections. He was wrong. And what he told
us Chris and he started to realize he was embarrassed
because he said, I know you guys do taxes. I
know you do projections, but you know, I figured i'd
give you the right one.
Speaker 4 (32:42):
But he made more money. What's wrong with that? Let's
just it.
Speaker 3 (32:46):
You know you don't know what you don't know, and
that's why during retirement, and if you're leading up to retirement,
you definitely want to get a plan together. You want
that clarity. You don't want the fear. You know, you
don't need fear. You need clarity. And we talked about this,
so the retirement Tax check up that when we do
it will show you how rising taxes will affect you
year by year. It's really nice when we lay this
(33:06):
out because you'll see. But a client just the other
day said, you know, I'm thinking about converting. I have
three hundred and seventy thousand dollars. I want to convert
it to the ROTH and they wanted to rip off
the band they didn't pay the tax, and I said, well,
you could do that, but then this is the tax
bracket you're going to be in, and this is what
you're going to pay in ERMA, the Medicare tax. But
what if you did it this way? That's an A option?
What about a B option? And I showed him what
(33:27):
if we did like fifty thousand dollars a year, stays
under the different tax bracket, then doesn't pay more in
IRMA and pays lettons and taxes over the years. And
he said, I never thought about that, But we showed
him year by year. So we analyzed your entire tax exposure,
your future tax projections, your RMD impact, your Social Security
(33:48):
taxation and what about this bracket creep? I'll talk about that.
The bracket creep is you you might be just creeping
up to the next tax bracket. And if you go
over a dollar more, guess what you're in a higher
tax by So how do you creep in the right way?
We can show you eight three three Maggie tax. Pick
up the phone eight three to three Maggie tax.
Speaker 4 (34:08):
And what Chris is talking about?
Speaker 2 (34:09):
You receive your own custom tax reduction Roadmap because everyone
listening has a different story to tell. This analysis is
designed to lower your lifetime tax bill, not raise it,
and there are ways that you can do it. I
mentioned before about the rough account, about the Index Universal Life,
which is an account that many of you should be
thinking about, and will show you how that works for
(34:30):
younger people. It's great because then think about this. The
younger people don't have a pension, don't have a retirement income.
But when you set up an index Universal life and
we can show you, guess what's going to happen? Chris,
you can talk about that because you did it for
your kids and you did it for yourself.
Speaker 3 (34:44):
Ah. I mean, we have like five different buckets of this,
so guess what its future? Tax frean can become your
own bank. How do you do that? Well, we can
show you. That's what I'm talking about. It It's not just
about you give the advisor of the money and let
them grow it. That's anyone can do that. Just a
pile of money. What are the tax impacts on that?
You know, where's diversification? What's the income plan with that bucket?
(35:06):
What's your exit strategy? What are you doing about it right.
So when you come to meet with us, you'll receive
your own custom tax reduction roadmap. This analysis designed to
lower your lifetime tax bill. Who would not wanted their
tax bill to be lowered if they just knew? You know,
the potential tax savings can be staggering, tens of thousands
or even more. But the window to act is closing.
(35:29):
Laws already have expiration dates built in. That's called legislative risk.
We talked about this legislative risk. They can change it.
Everything is in pencil. They call it permanent until it's changed.
So what are you doing about it? Now is the time,
so pick up the phone, schedule time to meet with us.
Speaker 2 (35:47):
So the retirement tax checkup, it's completely complementary. There's no cost,
there's no pressure, just clarity and it's education. That's what
you're trying to do, and the chance to keep more
of your own money. So don't wait, don't take action.
Eight three to three Maggie Tax. Go to our website
Maggie Tax dot com. And this is important to all
of you listening today because join me next week as
(36:09):
we tackle the three biggest risks to every retirement taxes,
inflation and market volatility. Today we covered most of them,
but we're going to keep covering this every week and
what you can do to protect yourself from each one.
Speaker 4 (36:21):
Because here's why.
Speaker 2 (36:22):
If your advisor or tax prepair has not given you
options or strategies like we offer on this radio show,
please find someone else. Give us a call. We'll challenge
everyone out there. We'll show you come in and take
a look. There's no cost, there's no obligation. Eight three
to three Maggie Tax. Visit our website Maggie Tax dot com.
There's a lot of information there, and don't forget. Every
Sunday at ten thirty am on ABC TV, join us
(36:46):
for the Maggie Tax and Financial Show. I can't give
you enough information on the phone or on the radio.
You have to come in and make an appointment. Eight
three to three Magi Tax. Eight three to three Magi Tax,
And tell a friend you're listening to the Maggie Tax
and Financial Show.
Speaker 1 (37:03):
Thank you for listening to Maggie Tax and Financial Show
with Robert and Chris Maggie of Maggie Tax Wealth Advisors.
Listen here five to six pm every Saturday, and from
eleven am till noon every Sunday or anytime on the
free iHeartRadio app. And remember, you can pay less tax
with Maggie Tax Program. Content provided by Maggie Tax, Wealth
(37:24):
and Advisors. Call them at eight three three Maggie Tax,
or visit them online at maggietax dot com
All these years you've saved up planning for a secure retirement,
but if you're not careful, it will be the irs
that is living it up when you retire by taxing
your hard earned money. Welcome to the Maggie Tax and
Financial Show with Robert and Chris Maggie of Maggie Tax
and Wealth Advisors. With over four decades of combined experience
and tax savings, income planning, and investment opportunities, Robert and
(00:22):
Chris share advice and tax planning strategies designed to protect
your retirement next day from Uncle Sam. Call them at
eight three three Maggie Tax or online at Maggie Tax
dot com. And now your host for the Maggie Tax
and Financial Show, Robert and Chris Maggie.
Speaker 2 (00:41):
Welcome Tampa Bay to the Maggie Tax and Financial Show,
and thanks for joining us today. This is one show
you don't want to miss because we're talking about a
financial storm that's forming right now and one that could
impact every retiree and every dollar that you saved. So
I'm talking about rising taxes. I'm talking about what they
mean for your retire A lot of people don't think
(01:01):
about that, and what you can do today to get
ahead of it. And one thing I recommend go to
our website, Maggie tax dot com and on the top
right click on retirement calculator. Folks, this is something that
will make you understand what we're talking about when it
comes to taxes. Click on retirement calculator, filling the information
and in thirty seconds thirty seconds, you're going to get
(01:21):
a report back to tell you what your tax is
going to be when you start taking out the required
minimum distribution. So, Chris, we have a lot to talk about.
Let's get started, and again, welcome every morning. Thank you
for joining us.
Speaker 3 (01:32):
That's just it, you know, Welcome everyone. I am Chris
Maggie and as always, great to be here. I love
doing the show. I love educating a lot of people.
Why because you need to know when's the last class
you had on all this information? You know, think about it?
You haven't, you know, when you go to school, they
don't teach this. It's amazing when you get into the
workforce and then you get into retirement and no one's
(01:53):
talking about the accumulation phase and the distribution phase and
how to buy a house and what to do with
taxes and where to put money away, so invest so
you have it for income in the most tax efficient way.
And then you start thinking about when you accumulate all
these investments and and and you start saving, and then
then what do you do if something happens to you?
Is it going to stay in your in your family?
(02:16):
Is are going to go through probate? Is it where's
it going to go? So there's so many things to
think about and things that you have to do to
monitor it throughout. So you mentioned at a financial storm
that's forming right now.
Speaker 4 (02:27):
My gosh, it is.
Speaker 3 (02:29):
And we're talking about rising taxes and we see it
each and every day. We have sales tax right, we
have property taxes, but what about your federal taxes? And
many people are saving right now in form one case,
these accounts have gotten bigger and bigger and bigger and bigger,
and these iras and but guess what, it's a big
tax time bomb. So why are taxes expected to rise?
(02:51):
And this is something that you've got to understand where
we're coming from here, because most advisors are transactional. Most
CPAs we talked about this in the last show, talk
about the prior, in the past. Well we're talking about
the future we're talking about the planning stage. If you
spent your life working, saving and doing everything right, then
you deserve to keep the retirement that you built, not
(03:12):
watch it disappear because tax rates suddenly change. And today
we're pulling back the curtain on rising tax storm that
could impact every retiree in America. And that's why it's
so important to listen up if you want to protect
your savings. This is the segment of the show that
you cannot afford to mess.
Speaker 2 (03:28):
So the way we've been taught all life is to
save on a tax deferred basis, meaning put money to
an IRA A four oh one K, four h three
B or TSP and many of you have that, So
listen up because this is important.
Speaker 4 (03:41):
Think about this.
Speaker 2 (03:42):
What if we taught our kids to save on a
tax free basis, a tax free basis, not a taxable basis.
Off you're probably listening going, what's he talking about. What
I'm talking about is a rough IRA where it's tax free.
And there's something else that the government has given. It's
called Index Universal Life, and we can't go into it
on the show right now, but I would encourage all
(04:02):
of you to make an appointment and come and meet
with Chris and I. Because when you see these two
options you have, then you're going to start thinking differently.
Why the heck am I saving Chris on a tax
deferred basis when I can have tax free money.
Speaker 4 (04:15):
Let's leave it this way.
Speaker 3 (04:16):
We all drive on a highway, right, So what if
you're cruising down the highway and starting to a little crowded,
and then guess what, there's starting to rain and it's
starting to get muggy, and it's starting to see the
different weather and the storm and happening, and guess what,
that's the road you don't want to be on because
that's where you have these iras and form one case,
(04:37):
eventually you're going to run into a financial storm, and
those are the taxes that you have to pay. But
what if you're on the same freeway, there's no traffic
and you're cruising, You got cruise control on, it's a
nice sunny day, you put down the windows, you can
breathe the fresh air, and that's your tax free retirement highway.
That's what we're talking about here. And why are taxes
(04:58):
expected to rise? Why because the US national debt is
skyrocking beyond thirty four trillion dollars. So when debt grows,
taxes almost always follow. And it's not just about now,
it's not just about the next two or three years.
We might get through that where nothing changes, but after that,
when you're in retirement seven years and you haven't worked
(05:19):
twelve years and you haven't worked, and then these start,
these financial storms start to happen. You can avoid it
if you do storm planning now. And that's why it's
so important to pick up the phone, schedule time to
meet with us eight three to three maggi tax. That's
eight three to three magi tax and.
Speaker 2 (05:34):
We all know this current rates their schedule to expire soon.
So if Congress does nothing, tax brackets automatically jump back
to the higher levels. So in two years when the
election comes back. This is not guaranteed, it's it's not permanent.
It's what I'm looking for. It's temporary. So you have
to do something about it, because retirees are the number
one holders of tax deferred money, and that's where the
(05:57):
IRS looks when it needs revenue, because you're going to
take the requirement and distribution out when you turn seventy three.
And again, Chris, we can show them the report that
how much it's going to come out at seventy three,
and it could be more than what you'd take accout
than you're working.
Speaker 4 (06:12):
That's it.
Speaker 3 (06:12):
So when you come in to meet with us, if
you have an IRA, poom okay, we'll show you what
the amount that has to come out. It's called the
requirement and distribution for some at seventy three. For others
it's if you're born after nineteen sixty, it's aged seventy five.
So you need to know this. We had a client
that came in last week, new client, and they have
an IRA and it's a large sum of IRA. They
(06:33):
had no idea. They're seventy two years old, they have
to take a distribution next year. They had no idea
what the requirement in distribution has to be. And they said, well,
I've been working with my advisor for ten years. And
I said why are you here and they said, well,
because these are things we want to be aware of
and we want a plan. We just have a transactional
advisor that just invests our money, but we want a
complete plan. And that's why they came to meet with us,
(06:55):
and we showed them the R and D and they said, well,
what do I have to have to pay tax on that?
And we show them yes, you do, But then what's
the strategy to get that money out to get on
the highway of tax free? Because taxes are expected to
rise and inflation is driven government costs up, that directly
fuels the need for higher taxes. And most retires are
planning for retirement using today's tax rates, not tomorrow's, which
(07:18):
are expected to be higher. Are you planning for expected
tax rates to be higher? And if you are, then
that's a great thing. But if you're not, haven't even
thought about it? It's so more than to pick up
the phone, schedule time to.
Speaker 4 (07:31):
Meet with us.
Speaker 3 (07:32):
Eight three to three Maggie Tax.
Speaker 2 (07:34):
Okay, so what are we talking about here? What's the solution?
Because at Maggie Tax and Wealth Advisors we use something
called the Rothologist method. This is a step by step
approach to roth conversions and tax smart planning that can
save families thousands over time.
Speaker 4 (07:50):
So listen carefully.
Speaker 2 (07:51):
If you're between fifty five and seventy five, this is
your window of opportunity. This is your solution, So don't
wait for tax laws to change in the future. Sit
down with us and see if a ROTH conversion strategy
makes sense for you. Call us at eight three to
three Maggie Tax and visit Maggi tax dot com and Chris.
So many people I think that when we see them
(08:11):
there like afraid to talk about a ROTH is that
a good thing or a bad thing? My tax bracket's
gonna go up, I gotta pay more taxes. I don't
think that's the that's wrong because they don't understand how
the rothology report works.
Speaker 3 (08:23):
Well, that's just it. They're not educated. You know, we
talk about this from the beginning of the show. When's
the last class you had? Don't how to convert my
money to the roth IRA or to tax free buckets?
You don't have those classes, right, But here you do.
And that's why it's so important. Every retirement plan that
we put together is different. This is your money, not
your advisor's not your CPS, it's your money. What are
you doing to put together an income plan exactly? What
(08:46):
are you doing to put together an investment plan? What
are you doing to put together a tax plan? What
are you doing for your estate plan? What are you
doing for your legacy plan? What about social Security? How
many people who haven't taken solid security. What's your Social
Security maximization plan? Do you have one? So if you're
listening today and you get these questions and they start
going through your head and you're saying I don't have
(09:08):
those things, well that's okay, that's why you're here. Pick
up the phone, schedule time to meet with US eight
three to three Maggie tax. Because even a small tax
increase can devastate retirement income. A jump from twenty two
percent to twenty eight percent, it's a massive over a lifetime.
Think about that six percent on your income additional why
would you not want to keep that or why would
you not want to have that? In the most tax
(09:29):
efficient way, you can pick up the phone, schedule time
to meet with US eight three to three Maggie tax.
Speaker 2 (09:34):
So here's what I want all of you to do.
While you're listening, close your eyes for a minute. Just
close your eyes from it and listen to what I'm
going to say. Imagine having a business partner who can
rewrite the rules any time they want, and they can
take a bigger share without asking and do it without warning.
That's exactly what happens with taxes in retirement and it's
(09:54):
time to finally understand who your silent partner really is.
And Chris, I think so many people do not think
about it that way. But you've got to use simple terminology.
An example, that's what's happening to all of you out
there right now. So pick up the phone, give us
a call eight three to three Maggie Tax, and let
us do the Rothology method with all of you. It
doesn't cost you, but it could save you thousands of
(10:14):
dollars in taxes.
Speaker 4 (10:15):
Absolutely.
Speaker 3 (10:16):
So if you're listening and thinking I had no idea
taxes could change my retirement this much, well, don't worry.
You're in the right place. Awareness is step one and
you've just taken it. So we're so happy that you've
heard this message because coming up next, we're going to
introduce to you the financial partner. You never asked for it,
but you still have and this partner can rise their
(10:37):
share of your savings anytime they want. You don't want
to miss this A three to three Maggie tax. That's
eight three to three Maggie tax.
Speaker 1 (10:47):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax,
Financial Show with your host Robert and Chris Maggie with
Maggie Tax and Wealth Advisors. Information on how you can
create a tax free retirement. Call eight three three Maggie
Tax or visit Maggie Tax dot com. Now you're host
(11:09):
with Maggie Tax and Wealth Advisors Robert and Chris Maggie.
Speaker 3 (11:14):
All right, let's shift gears. Welcome back to the Maggie
Tax and Wealth Advisors Show. And before the break, I asked,
what is the biggest secret to change in the way
you think about building wealth? Well, here's the truth. Taxes
are the single biggest expense you'll face in retirement. You know,
It's bigger than healthcare, it's bigger than travel, it's even
bigger than market losses. And yet most investors never take
(11:35):
the time to align their investments with the tax strategies
that could save them tens of hundreds of thousands of
dollars sometimes even more over their lifetime. So welcome back
to the Maggie Tax and Wealth Advisor Show. And I'm
here with my dad and cost of the show. And
today we're talking about a lot of things. But most
advisors out there basically tell their clients will go consult
(11:56):
with a tax advisor. Meanwhile, they're not even thinking about taxes,
not doing the justice for you, and that's why we
think it's not the right plan. So pick of the phone,
schedule time to meet with us. Because if you're looking
for complete planning, tax planning, investment planning, investment planning, social
security planning, income planning, and state planning, we can help
eight three three Maggie.
Speaker 4 (12:16):
Tax.
Speaker 2 (12:16):
And this is where smart money separates itself from average
money because when you understand the tax code, when you
use it to your advantage, your investments suddenly grow faster,
they last longer, and create far more security for your family.
And I'm not asking you to be a tax advisor.
I'm not asking you to be, you know, a tax preparer.
(12:37):
I'm asking you to come in because we understand that
that's what we do every day. And I think that
if you have an explanation where you can understand it
and it makes clarity like Chris talks about before, it's
going to help you. So let's pull back the curtain
on the strategies the ulture smart investors use to legally
reduce their tax burden. And I always get this question.
(12:57):
Legally is the key word. But the lot is are
going to boost their income and stretch their retirement dollars
further than they ever thought possible. And just remember, taxes
change all the time. It's not carved in stone, and
you have to be aware like we are about the
changes to explain it to you. So let's talk about
how some people seem to get ahead faster than some
(13:17):
other people.
Speaker 3 (13:18):
Cross why because they use tax planning with their investments.
And let's talk about this because there's a couple of
different key pullup points that we want to stress today.
Number one is taxes are your biggest retirement threat. It's
not the market. And when you understand that, then you
start doing tax planning and you can start talking about
tax buckets and tax efficient strategies because without the right plan,
(13:40):
you could pay more in taxes over your lifetime than
you ever say fore in retirement. Let's just talk about
iras for a minute. We do the retirement tax bomb.
When people come in and they have an IRA, which
is an account that's before tax, it's infected with taxes.
We have to pay taxes when you take that distribution out.
So explain to everyone listening today, I have to have
the Ira. That retirement tax bill report is so important.
Speaker 4 (14:03):
Exactly, and think about this.
Speaker 2 (14:05):
We're all taught to save in a four to oh
one k an ira a TSP, A four or three
B on a tax deferred basis. So think about this
for a second because this kind of drives me nuts
every time I think about it. We work for twenty
thirty years and we have a tax deferred. Every year
we get a tax deduction. Okay, so stop and think
a second. We get a tax deduction. What happens when
you retire? Well, with the retirement tax bill that we
(14:28):
have on our website, Maggie tax dot com, it's going
to show you that when you start taking the money at.
Speaker 4 (14:34):
Seventy three what you have to take out.
Speaker 2 (14:35):
But guess what, when you take that money out, it
goes back on your tax return. Chris is income and
at what bracket and what level? So basically my question
is is the tax deduction you took over those years worth,
what's going to happen to you now?
Speaker 4 (14:52):
Because what does it do?
Speaker 3 (14:53):
And that's why you need tax planning because it could
be hired. It's an unknown question. Morek tax right height,
so many people are paying huge amount of taxes and
they're gonna pay even more. So it's not the market
that's the threat, it's taxes.
Speaker 4 (15:03):
Right.
Speaker 3 (15:04):
Another key point is smart investors just don't chase returns,
They chase efficiency. A tax aware strategy can boost your
long term wealth more than many investment changes could. Ever,
if you're saving on taxes, you have more time for
your account to grow tax free. And that's why there's
tax free buckets. There are tax saving strategies you can do,
and if you're with the right advisor, they can talk
(15:26):
to you about this. It's called tax planning. That's what
we do with the Maggi Tax and Financial Show, is
we educate people on tax efficient strategies. It's not just
about give your advisor the money and hopefully you can
chase the right stock or pick the right one. You
could do that, but also what's the rest of the game,
because when you got to pay taxes and all that,
you can wipe away the returns.
Speaker 4 (15:45):
All right, So here's what I said before.
Speaker 2 (15:47):
We've been taught to save on a tax deferred basis,
So let's flip that coin. Let's start saving on a
tax free basis. So when you do the time and
tax bill on my website, on our website, and you
look at this. If you say I'm on a tax
rebasis and you pay the tax today, I'll bet you
in twenty thirty years, Chris forty years. And they look
at the account and they go, what tax do I
(16:08):
have to pay?
Speaker 4 (16:09):
What's the answer?
Speaker 2 (16:10):
Zero?
Speaker 3 (16:10):
You can never beat a zero tax account. And it's
a beautiful thing because every account you own is tax differently,
and most portfolios are just built backwards. Their advisor is
not thinking that way, So your portfolio is built backwards.
Who wants an account that's built backwards. You don't want
to plan that way.
Speaker 2 (16:26):
Because that's what we were taught in our show is
based on the fact of saving on a tax free basis,
and this is something that all of you should be
looking at. If you have an IRA four oh one k,
to show you how we can turn it into a
tax free account doing a Roth conversion strategically, and Chris,
this is what people are not educated on it. They think, oh,
my gosh, I got to pay all this tax. Now
(16:48):
explain no, you don't.
Speaker 3 (16:50):
Well, that's why structure in your assets and the right
accounts can immediately increase what you keep. So pick up
the phone, schedule time to meet with us. Eight three
three Maggie Tax. Visit our website at Maggie tax dot
com because a personalized tax plan can stretch your retirement
dollars by years.
Speaker 4 (17:05):
Just use this example.
Speaker 3 (17:06):
If if your account's growing at five percent on a
tax free basis, it's way better than an account earning
eight percent or ten percent on a before tax basis
because you got to pay taxes at a question mark
tax rate. Who knows what it's going to be. So
when the IRS takes less, your income lasts longer, your
lifestyle improves, and your wealth grows faster. That's what our
mentality is here. So pick up the phone, schedule time.
(17:28):
Let's put together a tax plan for you. Eight three
three Maggie Tax and go to our website Maggie Tax
dot com. I challenge all of you who have an
IRA four oh one K. Go to the top right
and hit retirement tax bill.
Speaker 2 (17:39):
If you're honest with everything, put your numbers in there,
put your agent there, and then by time you click
it in thirty seconds, you're going to get the report
back of what you're going to wind up getting or paying.
When you turn seventy three. And this is important. So
if you're thinking that taxes may be quietly draining your retirement,
you're not imagining it.
Speaker 4 (17:56):
It's true.
Speaker 2 (17:57):
It's happening every single day to people who say don't
know any better, well, who waited until it was too late,
And that's the wrong strategy. But that doesn't have to
be your story. And we always say, you have a
chance right now to take control, okay, to legally keep
more of the money that you've worked your entire life
to save, to stop overpaying irs and start redirecting those
(18:22):
dollars back into your future, your family, and your peace
of mind on a tax free basis.
Speaker 4 (18:27):
So, but it.
Speaker 2 (18:27):
Starts with one step, picking up the phone a three
to three Maggie Tax. Stop being curious and start being serious.
Eight three to three Maggie Tax.
Speaker 1 (18:44):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax
Financial Show with your host Robert and Chris, Maggie with
Maggie Tax and Wealth Advisors. For information on how you
can create a tax free retirement, call eight three three
Maggie Tax, or visit Maggie Tax dot com now you're
(19:06):
host with Maggie Tax and Wealth Advisors Robert and Chris.
Speaker 3 (19:09):
Maggie, You've spent a lifetime building your savings, but the
moment you step into retirement, everything changes. The rules shift,
the risks multiply, and the money you've worked so hard
to protect becomes more vulnerable than ever before. Inflation eats
away at your buying power, market volatility threatens your nest egg,
and healthcare costs explode, and unexpected life events can rewrite
(19:31):
your retirement in an instance. So welcome back to the
Magi Tax and Wealth Advisors Show. And each and every
week we talked about clarity and confidence, because the one
wrong move, or worse, no move at all, can undo
decades of hard work. So many people are in the
accumulation phase of their retirement, but what about the distribution phase?
And we specialize in helping people put together a plan
(19:53):
to help you during those retirement years. So pick up
the phone, schedule time to meet with us. Eight three
to three Maggie Tax.
Speaker 4 (19:59):
But here's the truth most people don't hear.
Speaker 2 (20:01):
Remember those legendary NFL defenses I mentioned before the commercial break,
talk about the Pittsburgh Steelers, the Chicago bears. Well, retirement
isn't about growth anymore. It's about defense. Defense. Defense. That's funny, right,
You send it the game and you go defense defense.
Speaker 4 (20:18):
Well, that's the way it is. It's for real, okay.
Speaker 2 (20:20):
It's about protecting what you have, securing your income and
making sure your money last as long as you do so.
And this is where the right strategy becomes everything, because
retirees who understand how to shield their savings don't just survive,
they strive, they live confidently, they sleep peacefully, and they
(20:40):
retire on their term. So these are strategies that safeguard
your life savings from the biggest threats in retirement and
reveal how you can protect everything you've worked for. Just remember,
you worked so many years for this. And I know,
and I bet you people listening out there aren't really
thinking about retirement, Chris. They're thinking about whatever the next
game is, or the next you know play they're gonna have,
(21:01):
or the next you know show they're going to see.
Speaker 4 (21:03):
They're not thinking about retirement, not for a minute.
Speaker 2 (21:06):
And I think that's where most people they don't get
trained well, they don't get educated that well.
Speaker 4 (21:10):
And you know what, when when you get to the
end and did the game.
Speaker 2 (21:13):
Like they say, you've got to score, but you can't
be sure at the goal line, Chris. You've got to
get the right information and make sure that it makes
the right thing for you.
Speaker 4 (21:22):
Well, that's it.
Speaker 3 (21:22):
So that's why we have our show each and every
week on ABC TV at ten thirty on Sunday. Tune
in because we talk about these things. We talk about
what you can do. You know, if you have an
income plan in retirement, you're going to be better off.
But if you have no plan, then guess what you
have the government plan and that's not a plan that
you want. So pick up the phone, schedule time to
meet with us. Eight three three, Maggie tax because it's
(21:44):
about protecting your assets in retirement. Retirement doubles your exposure
to risk. You know, without a paycheck, every dollar must
be protected from the market drops, the inflation, taxes, and
unexpected expenses. And it's true. I mean many people in
retirement and we do use what our clients. You know,
things happen, things are, things are going on, and what
(22:05):
do they do. Well, that's why they have to have
a plan, because you can always go to another bucket
if you need more income, or you know, maybe you
can go and have tax free income in the most
tax efficient way if you've set that up already for yourself.
And what about if something happens God forbid and you
need to pass away, do you want to go through
probate or do you want to go through avoiding.
Speaker 4 (22:25):
The probate process?
Speaker 3 (22:26):
And these are things that many people aren't thinking about
until today. And you know, I'm forty six years old.
And when I sit there and talk about people who
are about to retire and retired, I'll do You know,
they're older and than we are, but the end of
the day, they don't have a plan. They need to
have it. So if you're listening today, put together a plan.
Pay close attention because now is the time to do something.
(22:47):
Eight three to three Maggie Tax. You know one thing
I've always dreamed of, and you and I have done
this before. I should open up.
Speaker 2 (22:53):
The retirement School of retirement with Maggie Tax and Wealth Advisors.
Because ask your children how much they're learning in school
about defensive strategies for retirement. I don't think they are.
And how to win the retirement game, and that's up
to you the parent. And you know, and teach the
kids because the goal shifts how much can I make
to how long can I make it last?
Speaker 4 (23:15):
And that's the biggest problem right now.
Speaker 2 (23:16):
You know, people work today and they want to make
sure they have enough income and they're looking for a
job that's going to give them enough income and and
a retirement plan. So you know, one major market event
can permanently damage your income. If if the market goes
down and you're taking money out, it's going to reduce
your amount that you get because your account value went down.
So when you're withdrawing in retirement, losses hit harder and
(23:40):
recover slower, if they recover at all. I'm sorry, Chris.
Speaker 3 (23:43):
Let's use an example. Like many people say, do you
got to get to a million dollars or of retirement dollars? Well,
you don't have to because every situation is different. When
you move, the right advisor will talk about how much
income do you need. Let's just use that a million
dollars for an example of what you just talked about,
because one major market event can permanently damage your ink, right,
so think about the million dollars. Well, say the market
(24:04):
goes down forty percent, Well, on the million dollars that
before the market went down, you were getting say four
percent income, that's forty thousand dollars a year of income.
But if the market goes down forty percent, now you
have six hundred thousand at four percent, that's twenty four
thousand dollars of income. So you just lost sixteen thousand
dollars of income because there was a big market drop.
(24:26):
So one major market event can permanently damage your income.
Have you thought about that, because when you're in the
distribution phase of your retirement, losses hit harder and the
recovery process is slower because on that six hundred thousand dollars,
you don't have to get forty percent to break up
to get to even of a million dollars, you have
(24:46):
to do a lot more hard work just to get
to back to a million. So whatever it is, if
it's one hundred thousand, if it's two million, if it's
five hundred thousand, it doesn't matter. The concept is the same.
You have to make sure that you have a plan.
A protected plan gives you freedom because when your income
and assets are secure, you live retirement on your terms, confidently, comfortably,
(25:08):
and without fear, with clarity and confidence, and that's why
when people come to meet with us, we put together
Maggie Plan. The Maggi plan is what income planning, tax planning,
investment planning, social security maximization planning, estate planning, legacy planning.
When you meet with the right advisor, there's so much
(25:29):
that you can discuss to put together a plan for you.
Are you looking for a transaction? Are you just trying
to find the best stock or the best fund out
there to put your money into. Well, if that's what
you're looking for, that's that's not us. But if you're
looking for an overall plan where you're dialed in on
what you really want income in a most tax efficient way,
buckets of money with a purpose, making sure that everything
(25:50):
passes the way you want to, then that's what we
do for you. So you pick up the phone, schedule
time to meet with us. Eight three three mag attacks.
We're here for you, Magi tax dot com. We have
so many, so much help here to help people and
educate them on ways to do this right.
Speaker 2 (26:06):
So let's recap for a second, because we said a
lot today, but there's four powerful bullets that protecting your
assets in retirement and how many of you really, you know,
taking some time to do that. So retirement doubles your
exposure to risk. You got to be careful because the
older you get and the more risk you take, that's
going to lose your paycheck if you will, because you
have to have a paycheck when you retire. Could it
(26:27):
be so security, could it be pensioned, Could it be interests?
Could it be a lot of those things. But you
have to be ready to make sure that this is
protected and defensive strategies with retirement game. What am I
talking about there? I said it before. You know how
much red money green money do you have? Are you
taking too much risk? Are you doing a risk tolerance
to see what your risk is? Many people don't. They
(26:48):
just leave it and forget it, and that's not a good.
Speaker 4 (26:50):
Way to go.
Speaker 2 (26:51):
And you know, one major market event can permanently damage
you know, your income because you have to let us know.
And one thing Chris and I do and my advisors
here at Maggie Tax and Wealth Advisors, the first question
is how much income do you need in retirement? Because
many of you don't think about it. Many of you
just take, like Chris talked about before, takeout forty percent
(27:12):
and then let the account go down. That's not a
retirement plan, that's not an income plan. So think about it.
Have someone review your account. Even if you're right now
listening to me and Chris, maybe you think, oh, my
accounts are great.
Speaker 4 (27:23):
No they're not.
Speaker 2 (27:24):
I can say they're not because something's wrong with them.
Have someone look at it. Get a review, okay, and
a protected plan gives you freedom. And Chris, every time
we see clients come in, I think the biggest thing
is fear. You know, they're going to run out of money.
They're not sure what's going to happen with their you know,
state plan. It's because they don't sit down and talk
to someone. And that's what we do with the Maggie plan.
(27:45):
Would you agree absolutely?
Speaker 3 (27:47):
And that's why you know you mentioned there might be
something wrong with your plan and you might not have
taxes built into it, you might not have guaranteed income
for life, a guaranteed paycheck and also a play check
you know you might have and taking more risk than
really what you want in retirement. You know, it'd be
great if the market just kept going up, up, up,
but up, but guess what, there will be pullbacks and
(28:07):
what are you doing about that. That's why it's so
important to get a plan. So if after hearing all
that and you're saying to yourself, I can't afford to
lose what I've built, then you already know how important
this is. Retirement isn't the time to gamble. It's not
the time to hope, or it's not even the time
to guess. It's the time to protect fiercely about what
(28:29):
you've protected and what you've built. You spend thirty four
or even fifty years building your savings, don't let one
moment of inaction put it at risk. Markets won't slow down,
inflation won't pause, life won't wait. But you can take
control today. And that's why we put together the Maggie Plan,
because it's incomplaining tax planning, investment planning. Pick up the
(28:50):
phone and call us today, Maggie Tax and Wealth Advisors,
right now. Let us share with you exactly how to
safeguard your retirement, your income, protect your nest egg, and
secure the time you've worked so hard for those calendars, days,
the overtime that you worked. This is the most time
right now where everything can change. Don't wait, don't hope,
(29:10):
don't leave your future unprotected. Call now before the next
market drop, before the next surprise, even before one more
day passes without a plan A three to three Maggie Tax.
If you feel your retirement is worth protecting, make the
call today eight three to three Maggie Tax. We've all
had a doctor checkup from time to time, some more
than others. But when was the last time you had
(29:32):
a portfolio check up. We'll explain what that means in
a moment. Eight three to three Maggie Tax.
Speaker 1 (29:40):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax
Financial Show with your host Robert and Chris Maggie with
Maggie Tax and Wealth Advisors. For information on how you
can create a tax free retirement, call eight three to
three Maggie Tax, or visit Maggie Tax dot com. Now
(30:01):
your host with Maggie Tax and Wealth Advisors. Robert and
Chris Maggie.
Speaker 3 (30:06):
Thanks you tuning into the Maggie Tax and Financial Show
and welcome dam Babay. I'm Chris Maggie, and we appreciate
your tuning in. Because education is so important, you want
to make sure that you know what you know so
you can make the right decisions moving forward. So we
talked about taxes and rising taxes today and how you
should have a financial plan and how do you put
it together. It needs to consist of income planning, tax planning,
(30:29):
investment planning. All those things integrate into one your plan.
If everything we covered today has made you wonder what
rising taxes could mean for your retirement, then this is
your moment. You don't need fear. You need clarity, you know,
and we're offer that clarity right now. So pick up
the phone, schedule a time to meet with us, because
the retirement taxes check up offer is right here. What
(30:52):
does that mean? That means that we can sit down
with you, look at your accounts, determine what's taxable, what's
non taxable. We talked about the high way throughout today's show.
You know, you on that that highway where your cruising
down is traffic, everyone's mad at one another because everyone's
cutting everyone off, and the weather's raining and it's not good.
And guess what do you want to be on that road? No,
(31:13):
but you can get off the exit. You get onto
the different, different road, different highway where it's sunny, it's
nice it's your own cruise control. There's no traffic. That
is a beautiful road to drive on, and you can
ride that road in retirement as well. So we're offering
you to get the clarity and we can help eight
three to three maggie tax. That's eight three to three
(31:33):
maggie tax.
Speaker 2 (31:34):
Let me throw something else out there that a lot
of people when they come in for taxes, Chris, they
ask us.
Speaker 4 (31:40):
I'll give you an example.
Speaker 2 (31:41):
We had a client come in last year and he said,
can you do a future projection for us on taxes?
Speaker 4 (31:48):
So we said yeah.
Speaker 2 (31:49):
So we said, well, here's my income this year, and
he said to me, Bobby, I think I'm going to
make this next year.
Speaker 4 (31:55):
So we did a future or forecast.
Speaker 2 (31:57):
For them, and we kind of showed him what his
tax bracket was going to be and how much he
had to withhold. So the problem was he comes back
in this year and he gets a little frustrated.
Speaker 4 (32:07):
He said, guys, you did it wrong. What do we
do wrong?
Speaker 2 (32:10):
He said, well, I did what you said on this
tax projection and it's wrong. And I said, well let's
take a look at it. So what he didn't tell
us is that the projections she gave us were low
and he actually made one hundred thousand more. So right
there in front of him was if you make more money,
then you have to withhold more. So we weren't wrong
(32:32):
in the projections. He was wrong. And what he told
us Chris and he started to realize he was embarrassed
because he said, I know you guys do taxes. I
know you do projections, but you know, I figured i'd
give you the right one.
Speaker 4 (32:42):
But he made more money. What's wrong with that? Let's
just it.
Speaker 3 (32:46):
You know you don't know what you don't know, and
that's why during retirement, and if you're leading up to retirement,
you definitely want to get a plan together. You want
that clarity. You don't want the fear. You know, you
don't need fear. You need clarity. And we talked about this,
so the retirement Tax check up that when we do
it will show you how rising taxes will affect you
year by year. It's really nice when we lay this
(33:06):
out because you'll see. But a client just the other
day said, you know, I'm thinking about converting. I have
three hundred and seventy thousand dollars. I want to convert
it to the ROTH and they wanted to rip off
the band they didn't pay the tax, and I said, well,
you could do that, but then this is the tax
bracket you're going to be in, and this is what
you're going to pay in ERMA, the Medicare tax. But
what if you did it this way? That's an A option?
What about a B option? And I showed him what
(33:27):
if we did like fifty thousand dollars a year, stays
under the different tax bracket, then doesn't pay more in
IRMA and pays lettons and taxes over the years. And
he said, I never thought about that, But we showed
him year by year. So we analyzed your entire tax exposure,
your future tax projections, your RMD impact, your Social Security
(33:48):
taxation and what about this bracket creep? I'll talk about that.
The bracket creep is you you might be just creeping
up to the next tax bracket. And if you go
over a dollar more, guess what you're in a higher
tax by So how do you creep in the right way?
We can show you eight three three Maggie tax. Pick
up the phone eight three to three Maggie tax.
Speaker 4 (34:08):
And what Chris is talking about?
Speaker 2 (34:09):
You receive your own custom tax reduction Roadmap because everyone
listening has a different story to tell. This analysis is
designed to lower your lifetime tax bill, not raise it,
and there are ways that you can do it. I
mentioned before about the rough account, about the Index Universal Life,
which is an account that many of you should be
thinking about, and will show you how that works for
(34:30):
younger people. It's great because then think about this. The
younger people don't have a pension, don't have a retirement income.
But when you set up an index Universal life and
we can show you, guess what's going to happen? Chris,
you can talk about that because you did it for
your kids and you did it for yourself.
Speaker 3 (34:44):
Ah. I mean, we have like five different buckets of this,
so guess what its future? Tax frean can become your
own bank. How do you do that? Well, we can
show you. That's what I'm talking about. It It's not just
about you give the advisor of the money and let
them grow it. That's anyone can do that. Just a
pile of money. What are the tax impacts on that?
You know, where's diversification? What's the income plan with that bucket?
(35:06):
What's your exit strategy? What are you doing about it right.
So when you come to meet with us, you'll receive
your own custom tax reduction roadmap. This analysis designed to
lower your lifetime tax bill. Who would not wanted their
tax bill to be lowered if they just knew? You know,
the potential tax savings can be staggering, tens of thousands
or even more. But the window to act is closing.
(35:29):
Laws already have expiration dates built in. That's called legislative risk.
We talked about this legislative risk. They can change it.
Everything is in pencil. They call it permanent until it's changed.
So what are you doing about it? Now is the time,
so pick up the phone, schedule time to meet with us.
Speaker 2 (35:47):
So the retirement tax checkup, it's completely complementary. There's no cost,
there's no pressure, just clarity and it's education. That's what
you're trying to do, and the chance to keep more
of your own money. So don't wait, don't take action.
Eight three to three Maggie Tax. Go to our website
Maggie Tax dot com. And this is important to all
of you listening today because join me next week as
(36:09):
we tackle the three biggest risks to every retirement taxes,
inflation and market volatility. Today we covered most of them,
but we're going to keep covering this every week and
what you can do to protect yourself from each one.
Speaker 4 (36:21):
Because here's why.
Speaker 2 (36:22):
If your advisor or tax prepair has not given you
options or strategies like we offer on this radio show,
please find someone else. Give us a call. We'll challenge
everyone out there. We'll show you come in and take
a look. There's no cost, there's no obligation. Eight three
to three Maggie Tax. Visit our website Maggie Tax dot com.
There's a lot of information there, and don't forget. Every
Sunday at ten thirty am on ABC TV, join us
(36:46):
for the Maggie Tax and Financial Show. I can't give
you enough information on the phone or on the radio.
You have to come in and make an appointment. Eight
three to three Magi Tax. Eight three to three Magi Tax,
And tell a friend you're listening to the Maggie Tax
and Financial Show.
Speaker 1 (37:03):
Thank you for listening to Maggie Tax and Financial Show
with Robert and Chris Maggie of Maggie Tax Wealth Advisors.
Listen here five to six pm every Saturday, and from
eleven am till noon every Sunday or anytime on the
free iHeartRadio app. And remember, you can pay less tax
with Maggie Tax Program. Content provided by Maggie Tax, Wealth
(37:24):
and Advisors. Call them at eight three three Maggie Tax,
or visit them online at maggietax dot com
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Betrayal Weekly
Betrayal Weekly is back for a new season. Every Thursday, Betrayal Weekly shares first-hand accounts of broken trust, shocking deceptions, and the trail of destruction they leave behind. Hosted by Andrea Gunning, this weekly ongoing series digs into real-life stories of betrayal and the aftermath. From stories of double lives to dark discoveries, these are cautionary tales and accounts of resilience against all odds. From the producers of the critically acclaimed Betrayal series, Betrayal Weekly drops new episodes every Thursday. If you would like to share your story, you can reach out to the Betrayal Team by emailing them at betrayalpod@gmail.com and follow us on Instagram at @betrayalpod and @glasspodcasts. Please join our Substack for additional exclusive content, curated book recommendations, and community discussions. Sign up FREE by clicking this link Beyond Betrayal Substack. Join our community dedicated to truth, resilience, and healing. Your voice matters! Be a part of our Betrayal journey on Substack.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com