New Retirement Radio with Dennis Prout Podcast

For those of you who missed last week’s show, we gave a 5,000-foot overview of the newly signed One Big Beautiful Bill Act (OBBBA), a sweeping piece of legislation aligned with many of the priorities of the current Trump administration. Today, we’re zooming our focus in a bit on its impact on Social Security taxation. There have been some ...

Over the July 4th holiday weekend, while you were grilling burgers and watching fireworks, President Trump signed his landmark, One Big Beautiful Bill Act into law after some back and forth between the House and Senate. While this budget package includes many changes, on today’s show we’ll be touching on a few aspects of this new legislati...

We’ve all heard the famous words of American statesman Benjamin Franklin: “In this world, nothing is certain except death and taxes.” While we often tackle the topic of taxes on this show, today we’re turning our attention to the other certainty – death – and w...

Think retirement planning starts at 65? Think again! The most successful retirees start well before that magic number. On today’s show, we’ll dive into the nine key milestones that you’ll want to keep on your radar and on your calendar. From boosting your savings with catch-up contributions to avoiding costly Medicare penalties, timing is ...

No, not marriage – we’re talking about retirement. On today’s show, we’re diving into the so-called “honeymoon phase” of retirement, that first year that can set the tone for those golden years you’ve been working and saving for. Planning, purpose and a few sma...

On this week’s show, Heidi will review the most frequently asked questions about Social Security from Heather Schreiber’s Social Security Advisor newsletter through Ed Slott. These questions are not simple, but they are oh so very important! We remain the sleut...

Many of your kind comments regarding last week’s show were very well received. Thank you! We always appreciate your input, and your questions regarding the SECURE Act and its impact on distributions for beneficiary IRAs were fantastic. On this week’s show, stat...

On today’s show, we’re diving into two hot-button issues that can impact your retirement security. First up: inherited IRAs. We’ll unravel the complex and evolving rules around Required Minimum Distributions (RMDs) for inherited IRAs under the SECURE Act – esse...

Just when you thought your retirement planning was safe and secure … we attended an Ed Slott tax conference and hear about the latest tax planning issues and opportunities related to retirement accounts. All of this is a great reminder of the growing complexity...

Significant fluctuations in the stock market, along with increasing discussions about a potential recession, can certainly unnerve most investors. Some, however, view this as an opportunity, while others resort to panicked decisio...

Today’s show will feature special guest Bob Simpson, the star of the local Social Security scene who kept his shirt on and was still famous. The fact that we were able to lure him out of his recent retirement to come on and speak ...

Trying to ascertain the direction of the current economy and the stock market is not an easily ascertainable thing. And, yes, I’ve purposely used “ascertain” twice in the previous sentence to help make the point that even the experts are puzzled by the conflagra...

There are so many confusing areas related to estate planning … like the importance of creating a power of attorney before a will. Plus, there’s the fact that NO ONE WANTS TO TALK ABOUT IT! On today’s show, we have Cortney Danbrook, a local estate planning attor...

Just when you thought it was safe to go outside (it is spring after all), the neighbor’s dog barks extra loudly and startles you … right? Similarly, most of the time, the stock market seems to make us climb a wall of worry. Even though the market appears to have mostly recovered from its recent correction, indeed many analysts proclaim we ...

As the “celebration” of April 15th nears, the importance of tax planning remains critical. 

What cele...

Wow, what a week it’s been! The Dow Jones and S&P 500 are down about 10 percent, which is causing significant fear among investors. Some are even questioning the current administration’s policy on tariffs and their effect on the stock market. On today’s show, w...

On today’s show, we’ll cover two very important – yet very different – topics. First, there are five retirement account moves you can still make for 2024. Yes, it’s amazing what you might still decide to do given the law and your own financial situation, especially if you’d like to save on taxes as well as some extra dollars. You might be ...

Well, we’ve known for almost four months Trump was going to be the next U.S. president. What we couldn’t have guessed, however, was the effect on spending his new administration was going to have. From higher tariff potential to massive cost-cutting, the changes have been so fast and furious that politicians, especially Democrats, are said...

Castagni, Simbulami, Arancini. These foreign words are here to prove a point … for most people, they may not make any sense. And sometimes what we discuss on our show may not make sense to some listeners. But just because it doesn’t make sense, we should try not to discount what it might mean. On today’s show, we’ll discuss five common rol...