Most people wait years longer than they need to retire — not because they can’t afford to, but because they never see the full picture.

In this episode, I reveal the shocking numbers at age 60+ that completely flip the retirement equation, including:

• Why household spending often drops 25–40% at retirement

• How Social Security at 62 can instantly replace $18,000–$30,000 per year

• How Medicare at 65 can cut healthcare costs by $12,000–$18,000 annually

• Why a simple 4% withdrawal from $1M creates $40,000 of sustainable income

You’ll hear the real story of a couple who thought they had to work until 65 — and retired five years earlier once they stacked these numbers together.

This episode explains why retirement isn’t about hitting a bigger number — it’s about understanding how income layers, spending changes, and planning work together.

👉 If you want help stacking these numbers for your own situation, click the link and take my How Much You Need to Retire Quiz, and I’ll send you a personalized breakdown using my Red Zone Retirement Planning Process.

How much you need to retire quiz: https://bit.ly/Adam-OlsonInvesting involves risk, including loss of principal. Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions. Any strategies discussed may not be suitable for everyone. Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Adam Olson, Representative. Mutual of Omaha Investor Services is not affiliated with any entity listed herein. This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product.Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties. Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.

Bob Miller: Partner/Vice President of Business Development of MidwestEmail: bmiller@erisaservices.comPhone: (865) 966-1225Mobile: (515) 306-9468Adam Olson, CFP 402-379-6745adam.olson@mutualofomaha.com Most business owners think the most they can save pre-tax is their 401(k).That’s not even close.In this video, I sit down with Bob Miller from ERISA Services to break down one of the most powerful—and underutilized—tax strategies available to high-income business owners: Cash Balance Plans.If you:Make strong incomeHate overpaying taxesAre 45+ (especially 55–65)Want to accelerate retirement savings…this strategy could allow you to shield $150,000 to $300,000+ per year from taxes—on top of your existing 401(k).🔍 What We Cover in This Video:Why most business owners are unknowingly capped at $23K–$70KHow a Cash Balance Plan stacks on top of a 401(k)A real client example showing $220,000 pre-tax sheltered on a $300K incomeHow age dramatically increases what you can saveWhy many CPAs never bring this upWho this strategy works best for (and who it doesn’t)These plans are ERISA-qualified, IRS-approved, and designed specifically for business owners who want to:✔ Reduce current taxes✔ Catch up fast for retirement✔ Create flexibility for exit or succession planning⚠️ Important: Cash Balance Plans are powerful—but they’re not one-size-fits-all. Design, employee structure, income level, and long-term intent all matter.📞 Want to See If This Works for Your Business?If you’re a business owner and want to explore whether a Cash Balance Plan makes sense for you:👉 Reach out to me directly👉 Or contact Bob (info below)We’ll coordinate with your CPA and run the numbers before you make a move.I’m Adam Olson, CFP®. I’ve spent 14 years helping business owners and retirees reduce taxes, protect income, and build retirement plans that actually work—so retirement feels like a Saturday every day.📌 Contact Info:Adam Olson, CFP®🌐 adamolson.com | adamolson.bizHow much you need to retire quiz: https://bit.ly/Adam-OlsonInvesting involves risk, including loss of principal. Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions. Any strategies discussed may not be suitable for everyone. Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Adam Olson, Representative. Mutual of Omaha Investor Services is not affiliated with any entity listed herein. This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product.Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties. Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.

How much you need to retire quiz: ⁠https://bit.ly/Adam-Olson⁠

Roth conversions are powerful — but blindly converting everything can be one of the most expensive retirement mistakes I see.

In this episode, I break down why popular “convert it all now” Roth advice is built for clicks, not real retirement math. We’ll walk through the hidden tax traps most people miss, including:

• When Roth conversions actually increase lifetime taxes

• How Social Security timing changes the math completely

• Why IRMAA Medicare penalties matter more than most realize

• The difference between tax diversification and tax obsession

I’ll also share a real client example that shows how waiting — not rushing — saved tens of thousands in taxes and created more retirement flexibility.

If you’re in your late 50s or early 60s and thinking about Roth conversions, this episode will help you make intentional, strategic decisions instead of following generic internet advice.

👉 Want to see how this applies to your situation? Click the link and take my How Much You Need to Retire Quiz, and I’ll personally send you an analysis using my Red Zone Retirement Planning Process.

How much you need to retire quiz: https://bit.ly/Adam-Olson

Investing involves risk, including loss of principal. Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions. Any strategies discussed may not be suitable for everyone. Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Adam Olson, Representative. Mutual of Omaha Investor Services is not affiliated with any entity listed herein. This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product.Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties. Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.