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Retirement Planning Education, with Andy Panko

#120 – Retirement planner chat, with Erik Barnes from Retirement Portfolio Partners

Retirement Planning Education, with Andy Panko

Andy Panko

Annuities, Taxes, Ira, Retirement Planning, Social Security, Roth Ira, 401k, Pension, Investing, Financial Planning, Roth Conversion, Tax Planning, Education

2.4671 Ratings

🗓️ 10 October 2024

⏱️ 112 minutes

🧾️ Download transcript

Summary

Andy chats with fellow retirement planner Erik Barnes, CFP® from Retirement Portfolio Partners. 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, how to know when people have enough to retire, what consumers often overlook in retirement planning and much more! Links in this episode: Erik's company website - Retirement Portfolio PartnersThe Rock Retirement Club - here To se...

Transcript

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0:00.0

It's time for another fellow retirement planner chat, this time with Eric Barnes from Retirement

0:05.0

Portfolio Partners in this the 120th episode of the Retirement Planning Education Podcast.

0:14.1

Welcome to the Retirement Planning Education Podcast, where you can learn all about IRAs and Roth

0:19.5

IRAs, employer retirement plans, taxes, social

0:22.9

security, Medicare, portfolio withdrawal strategies, annuities, estate planning, and much more.

0:28.9

And now here's your host, Andy Panko.

0:31.8

Hi again, everybody.

0:34.1

So we meet again.

0:35.0

I'm glad you're here.

0:35.8

Today is another retirement planner chat episode,

0:38.2

this time with my friend Eric Barnes from retirement portfolio partners. So Eric and I met online

0:44.1

some point during the pandemic. There weren't, there still aren't, but there weren't many of us

0:48.9

retirement focused advisors who offer services for a flat annual fee where that fee includes management investments.

0:56.9

That's a real outlier. There's a few dozen of us now that I'm aware of, but three, maybe four

1:02.6

years ago I first met Eric, there was 10 maybe folks who do retirement planning for a flat fee

1:08.6

that includes investment management. So that number's been growing, which is nice to see.

1:12.0

But anyway, so folks like us, we kind of were outliers in the industry and we met each other.

1:18.2

I don't know if it was a Facebook group for other advisors or on LinkedIn, but we kind of

1:22.2

saw each other talking about this flat fee thing and reached out like, hey, you're doing what

1:25.9

I'm doing type thing.

1:26.8

Like, let's talk, you know, so we kind of stand out in a good way, in my opinion.

1:31.1

So we chatted, became friendly, and, you know, we kicked around ideas.

...

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