Parker Holland discusses the complexities of retirement planning, emphasizing the importance of replicating income and understanding financial strategies like Roth conversions. They explore the emotional challenges of transitioning into retirement, the necessity of budgeting for healthcare costs, and the potential for starting a business in retirement as a way to maintain purpose and income. In this conversation, the speakers discuss the challenges and strategies associated with transitioning from traditional employment to self-employment, particularly focusing on tax implications, business structures, and retirement planning. They emphasize the importance of understanding self-employment taxes, maximizing deductions, and the benefits of different business structures like LLCs and S-Corps. The discussion also includes listener questions about retirement income strategies, including the use of Roth IRAs and qualified charitable distributions (QCDs). To reach Parker Call 877 359 1979. Visit Parker Holland Show to learn more. Text Parker to 600700See omnystudio.com/listener for privacy information.

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