Retirement Planning Education, with Andy Panko

In this replay of Andy's recent guest appearance on the Catching up to FI podcast, Andy and hosts Bill Yount, MD, and Jackie Cummings Koski, CFP®, AFC®, talk all about traditional defined benefit pensions. What they are, how they work, how to decide between taking payments vs a lump sum and much more!

Links in this episode:
The original audio version of the Catching up to FI podcast episode - https://podcasts.apple.com/us/podcast/are-pensions-really-dead-the-surprising-value-of/id1664430924?i=1000785277603
The original YouTube version of the Catching up to FI podcast episode - https://youtu.be/vU_popXD2_A?si=QC3p1_gGvIRNjxFx
Catching up to FI website - https://catchinguptofi.com/

Tenon Financial monthly e-newsletter - Retirement Planning Insights
YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
Retirement Planning Education website - www.RetirementPlanningEducation.com

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com
To follow Andy on LinkedIn: https://www.linkedin.com/in/andypanko/

Andy chats with fellow retirement planner Ryan Langan, CFP®, from Your Path Fi. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, what consumers often overlook in retirement planning and much more!

Links in this episode:
Ryan's advisory company website - https://www.yourpathfi.com/

Tenon Financial monthly e-newsletter - Retirement Planning Insights
YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
Retirement Planning Education website - www.RetirementPlanningEducation.com

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com

To follow Andy on LinkedIn: https://www.linkedin.com/in/andypanko/

Andy discusses what all is involved in moving to a new state, from a tax perspective...properly changing your "domicile" and "residence" to the new state. Spoiler alert: It's not necessarily as simple as buying a house and spending at least six months and a day in the new state!

Links in this episode:
My in-depth write-up of changing state domicile and residence, examples and court cases of people who did and didn't properly change their domicile and residence, and more! - How to move to a new state...tax compliantly

Tenon Financial monthly e-newsletter - Retirement Planning Insights
YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
Retirement Planning Education website - www.RetirementPlanningEducation.com

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com

To follow Andy on LinkedIn: https://www.linkedin.com/in/andypanko/

Listener Q&A where Andy talks about: 
Whether to use money in a 457b to pay down a mortgage or to pay taxes on Roth conversions ( 7:56 )
How Social Security survivor benefits work, and the optimal ages for spouses to each claim their own Social Security ( 18:54 )
His thoughts on why the Social Security trust fund hasn't been allowed to invest in equities ( 25:36 )
Creating spreadsheets to replace financial planning software, and using it to help your ongoing retirement planning and projections ( 30:40 )
His thoughts on whether someone should try to convert ALL of their pre-tax money to Roth ( 36:56 )
Transferring/rolling money from an IRA to an HSA (Health Savings Account) ( 46:05 )
Whether you have to start Medicare Part A if you start Social Security but are still covered by a spouse's employer's health insurance ( 49:18 )
Updating beneficiaries on investment accounts after one of the beneficiaries passes ( 53:17 )
His thoughts on whether comparing a portfolio's investment returns to those of the S&P 500 is appropriate, and whether it's okay to hold bonds as investments ( 58:22 )

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com
Andy's LinkedIn profile: https://www.linkedin.com/in/andypanko/

Links in this episode:
Tenon Financial's March 2026 newsletter - Gifting, annual gift exclusions, gift taxes and gift tax returns (IRS Form 709)
Tenon Financial's March 2024 newsletter - Don't compare your portfolio's returns to those of the S&P 500
Tenon Financial monthly newsletter/blog - Retirement Planning Insights
YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
Retirement Planning Education website - www.RetirementPlanningEducation.com

Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Mark. They talk about a wide array of retirement planning topics such as when he started getting serious about planning for retirement, how he got comfortable going from accumulation to decumulation mode, how he and his wife are navigating health insurance prior to Medicare eligibility, why he randomly showed up in Andy's office one day, and more!

 
 Links in this episode:

Tenon Financial monthly e-newsletter - Retirement Planning Insights
YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
Retirement Planning Education website - www.RetirementPlanningEducation.com

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com

Andy's LinkedIn profile: https://www.linkedin.com/in/andypanko/