by admin@thencandesigns.com | Sep 24, 2026 | Financial Planning, Retirement Income Planning, Retiring in Nevada
Key Takeaways A Roth conversion moves money from a traditional IRA or 401(k) into a Roth. You pay ordinary income tax on the amount you move, in the year you move it. In exchange, that money grows tax free, comes out tax free, and never faces a required minimum...
by Ryan Nelson | Sep 14, 2026 | Financial Planning, Retirement Income Planning, Retiring in Nevada, RMDs & Medicare
Key Takeaways A required minimum distribution is the smallest amount the IRS makes you pull each year from your tax-deferred accounts once you reach a certain age. For most retirees today that age is 73.1 If you were born in 1960 or later, your age is 75. The first of...
by Ryan Nelson | Aug 20, 2026 | Financial Planning, Retirement Income Planning, Retiring in Nevada
Key Takeaways About 70% of people turning 65 today will need some kind of long-term care. It’s a planning problem, not an edge case. Medicare barely helps. It covers up to 100 days of skilled nursing after a 3-day inpatient hospital stay, and you pay $217 a day...
by Ryan Nelson | Aug 5, 2026 | Retirement Income Planning
Key Takeaways A common starting point is spending about 4% of your savings in your first year of retirement, then giving yourself an inflation raise each year after. Morningstar’s 2026 research puts the safe starting number a touch lower, at 3.9%, for a 30-year...
