3 Surprising Truths About Retiring With $1M+ and a Pension

Intro Call: https://form.typeform.com/to/desH7879... RETIREMENT READINESS QUIZ: https://form.typeform.com/to/WSROgeLo... If you’re retiring with $1 million or more saved and a pension, you’re in a strong financial position—but your retirement plan may look very different than you expect. In this video, I walk through 3 surprising truths about retiring with $1M + a pension and why having guaranteed pension income can change the way you think about your investments, taxes, Social Security, Medicare, and even how much you can comfortably spend. We’ll talk about why a pension can sometimes create a bigger future tax problem, why you may actually be able to spend more in retirement than you think, and how your pension can impact decisions across the rest of your retirement plan. Because having $1 million saved is great. Having a pension is great. But the real opportunity comes from understanding how all of these pieces work together. At Denali Financial Group, we specialize in helping people with $1 million or more saved experience retirement as it was meant to be. We build retirement plans around what we call the Five Worlds of Retirement Planning: Income, Investments, Taxes, Healthcare, and Legacy. If you’re approaching retirement and want to see where your own plan stands, take our Retirement Readiness Quiz. It takes less than three minutes, and I’ll put the link below. And if you’d like our team to take a deeper look at your retirement situation, you can also use the link above to schedule a free Intro Call with us. In this video: • Why a pension can change your retirement tax strategy • How $1M + pension income can change how much you can spend • Social Security and pension planning • Medicare and IRMAA considerations • How guaranteed income can affect your investment strategy • Why your pension changes the entire retirement equation 00:00 Who This Is For 01:39 Surprise One Taxes 03:34 RMD Tax Bomb 04:26 Proactive Roth Moves 06:41 Surprise Two Spend More 09:18 Spending As A Skill 10:28 Give While Living 11:58 Surprise Three Pension Ripple 12:25 Social Security Taxation 13:24 Medicare IRMAA Traps 14:49 Investing With A Pension 16:03 Wrap Up Next Steps ------------------------------------------------------------- Disclaimer: This video is for educational purposes only and should not be considered individualized investment, tax, or legal advice. Your situation may be different, so consider consulting with the appropriate financial, tax, or legal professionals before making financial decisions.