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.

Claiming your retirement income in the wrong order can cost you hundreds of thousands of dollars over your lifetime. In this episode, Adam Olson, CFP®, breaks down the optimal sequence for pulling from your 401(k), starting your pension, and claiming Social Security — and why the order you choose dramatically impacts your taxes, income, and long-term security.

Most retirees make the same avoidable mistakes:
• Taking Social Security too early
• Delaying 401(k) withdrawals until it triggers huge RMDs
• Starting pension income before planning tax brackets
• Stacking income sources at the worst possible times

Using real client examples, Adam explains:

• Why 401(k) first often delivers massive tax savings

• When to turn on pension income for maximum stability

• How delaying Social Security to age 70 unlocks the most lifetime value

• How proper sequencing protects against longevity risk, tax shock, and market volatility

• Why strategic timing—not just savings—determines retirement success

This episode gives you the framework to coordinate all three income sources so you get more lifetime income, pay less in taxes, and retire with far more confidence.

🎧 Listen now to learn the exact order to claim your 401(k), pension, and Social Security for maximum lifetime benefit.

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.

Most people think the 401(k) crisis happens because they didn’t save enough. The truth?
The real crisis happens when retirees fail to convert their nest egg into reliable, sustainable income.

In this episode, Adam Olson, CFP®, breaks down why so many hardworking savers still feel anxious at retirement—even with strong balances—and how to avoid the distribution mistakes that wreck thousands of retirements every year.

You’ll discover:

• Why focusing only on accumulation creates panic in your 60s

• The target-date fund trap that leaves many retirees overexposed

• How “perfect-world projections” mislead and fail in real life

• The income-conversion strategy that creates confidence

• How the Red Zone Retirement Planning framework ensures your needs, wants, and lifestyle are protected in every phase of retirement

If you’ve ever wondered, “Do I really have enough?”—this episode gives you the roadmap to finally say yes.

🎧 Listen now and learn how to turn your 401(k) into a paycheck you can rely on for life.

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.

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

Most people think retirement problems are solved by saving more.
But for Mike — a 60-year-old with over $1.2 million saved — the real breakthrough came from one simple fix: withdrawing smarter, not saving harder.

In this episode, Adam Olson CFP® breaks down the exact withdrawal sequence strategy that turned Mike’s retirement from anxious and unpredictable to smooth, tax-efficient, and fully structured for the next 30 years.

You’ll learn:
• Why focusing on net worth creates anxiety in retirement
• The withdrawal order that transformed Mike’s cash flow
• How guaranteed income, flexible income buckets, and long-term assets work together
• The tax moves that prevented Medicare penalties and RMD tax spikes
• How the Red Zone Retirement Planning Process™ creates predictable income for life

If you're approaching retirement and want confidence, clarity, and consistent income, this episode shows the exact system that makes it possible.

🎧 Take the Retirement Assessment mentioned in the episode to get your personalized retirement income video.

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

📩 Or message the word BOOK to connect with Adam and request your customized Red Zone Retirement Plan™.

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.

Most millionaires don’t fail because they didn’t save enough — they fail because they oversaved and never learned how to spend with confidence.

In this episode, Adam Olson, CFP®, breaks down the Oversaving Trap — the silent habit that keeps high-net-worth retirees working longer, worrying more, and living smaller than they need to. You’ll meet Nancy, a 64-year-old with $3.1M in savings who still feared retirement… until the Red Zone Retirement Planning Process completely reshaped her future.

You’ll learn:

• Why oversaving becomes a psychological prison for even the wealthiest retirees

• How large Traditional IRAs create RMD tax bombs, higher Medicare premiums, and Social Security taxation

• How Red Zone Retirement Planning shifts you from accumulation obsession to lifestyle-first cash flow design

• The two-bucket strategy that separates needs from wants

• How strategic Roth conversions can eliminate future taxes and give you control

• Why Go-Go / Slow-Go / No-Go planning creates smarter, more enjoyable spending

• The mindset shift that finally gives retirees permission to live freely

If you’re within five years of retirement (or already retired), this episode will change how you think about money, freedom, and the purpose of saving.

👉 Want to know what this looks like for your retirement?

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

Complete my retirement questionnaire, and I’ll send you a personalized video breaking down exactly how to optimize your savings, cash flow, taxes, and retirement lifestyle.

#RetirementPlanning #RedZoneRetirement #OversavingTrap #WealthStrategy #FinancialFreedom #RetireWithConfidence #CashFlowPlanning #RothConversions #TaxSmartRetirement #HighNetWorthRetirement

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.

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

Most people think having a few million saved automatically guarantees a stress-free retirement. But when the paycheck stops, fear shows up fast. In today’s episode, I walk you through the real story of Dave and Dawn — ages 59 and 58 — who came to me with $2.8 million saved and one big question:
“Can we retire now and never work again?”

Using my Red Zone Retirement Planning Process™, we break down:

• How to turn a nest egg into a reliable paycheck

• How spending evolves in the Go-Go, Slow-Go, and No-Go Years

• How to generate guaranteed income for essential needs

• How to optimize taxes with strategic withdrawal sequencing

• How to bridge healthcare before Medicare at 65

• How to build confidence in early retirement without fear of running out

If you're 5–7 years away from retirement — or wondering whether you can retire early with a sizable portfolio — this episode gives you the roadmap, the math, and the mindset needed for clarity.

👉 Want your personalized Red Zone Retirement Plan?
Take the free questionnaire linked in the show notes and I’ll send you a custom video breakdown of your exact retirement scenario.

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.

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