Retire Ready with Kyle Hammerschmidt
Make sure you can Retire Ready with Kyle Hammerschmidt, the President of MOKAN Financial in Overland Park, KS. Kyle will teach you on each episode how to properly plan for retirement and your financial future. Learn about IRAs, 401ks, pensions, Social Security, and much more. Contact Kyle with any questions at https://mokanwealth.com or by calling 913-257-3991.
Episodes
117 episodes
Maximize Your Retirement Savings: New 2025 Contribution Limits and Strategies
This week on Retire Ready, host Kyle Hammerschmidt breaks down the latest updates and strategies to help you maximize your retirement savings. With big changes to contribution limits thanks to the Secure Act 2.0, it’s more important th...
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8:21
Top 5 Reasons to Do Roth Conversions Before Retirement With $1M+ In Retirement Savings
In this episode, Kyle, dives into one of his favorite tax planning tools: Roth conversions. If you’ve got over a million dollars saved in your retirement accounts, this could be the most impactful eight minutes of your week.Learn how Rot...
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10:14
Social Security Secrets: What Every Soon-to-Be Retiree Should Know
Welcome to Retire Ready, the podcast that simplifies the complexities of retirement planning so you can confidently prepare for your golden years. Hosted by Kyle Hammerschmidt, this show dives into crucial topics like Social Security, retiremen...
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13:00
Understanding the Taxation of Social Security Benefits: What You Need to Know
In this episode, Kyle dives into a critical yet often misunderstood aspect of retirement planning: the taxation of Social Security benefits. Many assume these benefits are tax-free, but the reality can be a costly surprise for retirees. Kyle br...
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10:27
Navigating the Social Security Benefits Application Process
Podcast Description:In this episode of Retire Ready with Kyle Hammerschmidt, we’re tackling one of the most critical steps in your retirement journey: applying for Social Security benefits. Whether you're planning to clai...
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13:06
Married 59: The Road to Retirement in 5 Years | Case Study
In this week’s episode, host Kyle Hammerschmidt dives into a detailed case study of "John and Mary," a married couple from Kansas, both aged 59, preparing to retire in five years. Kyle breaks down their financial landscape, includ...
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20:08
Six Point Checklist: Hiring a Financial Advisor for Retirement
Planning for retirement is a journey, and choosing the right financial advisor is one of the most critical decisions you'll make. In this episode of Retire Ready, host Kyle Hammerschmidt unpacks the essentials for finding the perfect advisor to...
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10:53
Never Too Late for a Roth Conversion? The Retiree's Tax-Slashing Secret
In this episode, Kyle dives into a real-world retirement planning case study featuring a pre-retiree couple in their early 60s with diverse income streams, including Social Security, pensions, rental income, and investments. This discussion add...
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11:59
Navigating 2025 Tax Brackets and Beyond: Essential Tips for Tax Planning
In this episode, we’re diving into a topic that’s going to impact everyone’s finances in the coming year: the new 2025 federal income tax brackets. The IRS recently announced adjustments to the tax bracket ranges to keep up with inflation, help...
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11:29
Married Couple with $2.2M: When Can We Retire?
In this episode, we explore essential retirement strategies through a real-life case study. Topics include:Crafting a sustainable retirement income planRoth conversion strategies and how they can benefit retireesMa...
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22:00
2025 Social Security Changes: COLA Update and New Rules for Working Retirees
In today’s episode, we’re diving deep into the 2025 Social Security changes that will impact your retirement plans. We’ll cover the essential updates, including:2025 COLA IncreaseEarnings Limits for Working Retire...
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10:25
Roth Conversion Mastery: 5 Golden Windows to Unlock Tax-Free Retirement Wealth
In this episode, Kyle covers Roth conversions and how they can revolutionize your retirement strategy. Key topics include:The "five golden windows" for optimal Roth conversionsHow Roth IRAs and conversions work, including i...
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18:27
5 Reasons Risk Tolerance Shouldn't Drive Your Investment Portfolio: A Holistic Approach to Retirement Planning
Join Kyle as he dives deep into the critical distinction between risk tolerance and risk capacity, two essential components for building a successful retirement strategy. In this episode, Kolin explains the emotional and rational sides of risk ...
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13:43
A Comprehensive Guide to Retirement: Social Security, Taxes, and Investment Returns
In this episode, we dive into the top concerns for individuals nearing retirement, such as how to maximize Social Security benefits, implement tax-efficient strategies, and develop a comprehensive retirement plan that goes beyond just investmen...
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19:54
Mastering Medicare: 9 Essential Tips for Understanding Your Healthcare Coverage
Are you feeling overwhelmed by Medicare and healthcare coverage? Join Kyle Hammersmith, where he breaks down the essentials of Medicare into nine easy-to-understand tips. From the basics of Medicare parts A, B, C, and D to crucial enrollment pe...
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10:12
5 Critical Tax Planning Strategies for Your Retirement: Roth Conversions and Beyond
Today, Kyle Hammerschmidt dives deep into the crucial topic of tax planning for retirement, focusing on Roth conversions, tax diversification, and essential strategies for those within 10 years of retirement. Tax planning is a vital, yet often ...
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12:19
Maximizing Social Security for Couples: The Ultimate Guide to Dual Benefits
This episode of Retire Ready with Kyle Hammerschmidt is your ultimate guide to maximizing Social Security benefits for married couples. Whether you’re approaching retirement or just starting to plan, you won’t want to miss these crucial strateg...
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7:16
Mastering Retirement: Key Mistakes and How to Avoid Them
Welcome to the Retire Ready Podcast! In this episode, hosts Kolin and Kyle explore essential tips to avoid common retirement planning mistakes. Key topics include:Emotional Investing: How letting emotions drive your investmen...
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11:43
Retirement Planning for What You Can and Cannot Control
In this episode, Kyle and Kolin dive into the crucial topic of control in retirement planning. They discuss three aspects you can’t control, such as tax rates, inflation, and market volatility, and how to navigate these challenges effectively. ...
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15:08
7 Investment Mistakes to Avoid for a Smoother Retirement Journey
In this episode of the Retire Ready Podcast, Kyle and Kolin dive into the common investment pitfalls that can derail your retirement planning. From the risks of confusing short-term and long-term investments to the dangers of letting emotions a...
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16:16
Seven Questions to Ask Yourself Before Retirement
In this episode of the Retire Ready Podcast, hosts Kyle and Kolin delve into the crucial questions you need to consider before entering retirement. Whether you're planning to retire soon or just starting to think about it, this episode is packe...
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15:12
The Secret to Social Security Success: Timing and Tips That Could Change Your Retirement
Are you nearing retirement and wondering when to start claiming Social Security? In this episode, Kyle and Kolin dive deep into one of the most crucial financial decisions you'll make in retirement. They discuss:Timing Your Claim:
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11:49
The Importance Of Tax Diversification
SummaryThe conversation discusses the importance of tax diversification in retirement planning. It explains the concept of tax diversification and how it can help individuals control their taxes over their lifetime. The conversat...
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17:38
Planning For Sequence Of Returns Risk | Case Study
In this episode, Kolin and Kyle discuss a case study of a married couple who retired with $1.5 million in tax-deferred accounts. The couple had several concerns, including when and how to claim Social Security, the need for more comprehensive f...
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28:31