Ever wondered if you should wipe out your debt as fast as possible or maybe hang on to those loans and invest instead? In this episode, we explore the balance between math and mindset because financial plans don’t live in spreadsheets, they live in real life.

Michael, CFP® and EA unpacks the pros and cons of paying debt quickly versus investing for the long haul, why behavior often beats math in the real world, and when taking on debt may actually make sense, especially if it’s investing in yourself or your career.

Most people who donate give cash to charities. Which is very generous of them, but what if there’s a better way to gift where the charity can still get the benefit but you may also receive some more tax benefits?

In this episode of Common Curiosities Retirement, Michael CFP® and Enrolled Agent unpacks one of the most overlooked tax strategies for charitable givers: donating appreciated assets.

Ever wonder when you can actually use your Roth IRA without getting smacked with taxes and penalties? You’re not alone.

In this episode of Common Curiosities: Retirement, we unpack one of the most common unused tools with Roth accounts. When and how to tap them before 59½ without giving the IRS a reason to celebrate.

If you’re over 70½ or just planning ahead for when you will be this simple move could make your money go further. We walk through what a QCD is, how it’s different from an RMD, who it’s typically best suited for, and some overlooked rules that could help you avoid unnecessary taxes (and maybe some paperwork headaches too).

📘 In this episode, you’ll learn:

• What a Qualified Charitable Distribution (QCD) actually is

• Why it could be better than writing a check to charity

• How QCDs interact with RMDs and standard deductions

• Who may benefit most from using a QCD

• A real-world example that shows how much you could save

Roth IRAs can be one of the most powerful tools in retirement planning, but only if you understand the rules and how they fit into your bigger picture.

In this episode, we break down practical strategies for using Roth IRAs from retirement tax planning and early retirement options. Whether you’re just getting started or already building your retirement nest egg, this conversation should help you see where Roth accounts may (or may not) make sense for your financial strategies.

Thinking about how much you need in retirement and but unsure how what you'll actually need? You’re certainly not alone. In this episode of Common Curiosities: Retirement, we break down two methods that have helped our members get a clearer picture of their potential expenses helping them feel more confident in their retirement planning.

𝐖𝐞 𝐜𝐨𝐯𝐞𝐫:

🎯 Why many people actually overestimate how much income they’ll need

🎯 Two practical ways to track your spending (you may not even need spreadsheets or budgets)

🎯 Commonly missed costs

🎯 How to factor in inflation, taxes, and those early retirement "freedom years" spending

Whether you're a numbers person or just looking for a simple way to estimate your spending, this episode should help you avoid surprises and plan smarter.

RMDs can feel overwhelming, but they don’t have to be. We explain RMDs in plain language including why the IRS requires them, when they start, and how they may affect your taxes, Medicare costs, and retirement strategies.

Wondering how much income you'll actually need in retirement? You're not alone. In this episode of Common Curiosities: Retirement, we explore two practical methods to help you estimate future expenses (without spreadsheets or complicated budgets) Learn why many people overestimate their retirement needs, how to track spending simply, and how to factor in inflation, taxes, and those early "freedom years."

Whether you're detail-oriented or just want a clearer picture, this episode will help you avoid surprises and plan with confidence.

Most people overlook their tax return, but your 1040 could be a goldmine for smarter financial planning. In this episode, we break down key sections of the 1040 to help you uncover strategies that may lower your lifetime tax bill, boost retirement readiness, and try to keep more of your hard-earned money. Learn how filing status, deductions, income types, and planning moves like Roth conversions and QCDs can shape your financial future.

Confused when signing up for your 401(k)? This video breaks down common employee questions from real plan meetings. Including Roth vs. pre-tax contributions, employer matches, target date funds, contribution limits, catch-up rules, automatic enrollment, and ways to potentially reduce lifetime taxes.

Whether you're just starting out or rethinking your retirement strategy, you'll gain clarity, confidence, and actionable tips to make your 401(k) work harder for you.

Many retirees worry about running out of money, but thoughtful planning may ease those fears and lead to more confident, purposeful spending. In this video, we explore the emotional and strategic side of retirement, covering everything from how much you could spend with $2.5 million, to evaluating large purchases, managing taxes, and building a flexible budget that supports travel, lifestyle, and peace of mind. Whether you’re navigating income flows or considering Roth conversions, this is about spending wisely—not just saving endlessly.

Interest can be a great ally or a major financial hurdle. This blog breaks down the difference between simple and compound interest, showing how each works and where they show up in real life. Learn how time, strategy, and smart investing can turn compound interest into a powerful wealth-building tool, while understanding when simple interest may be the better choice for managing debt.

If you’re 65 or older, a new federal tax deduction could lower your tax bill and open doors for smarter retirement planning. Learn how this extra $6,000–$12,000 deduction works, who qualifies, and how it can impact Roth conversions, capital gains, and lifetime tax strategy. Don’t miss this limited-time opportunity to give your retirement budget more breathing room.

Learn how recent tax law changes could impact your financial strategy in this client-focused breakdown. This video covers updates from the One Big Beautiful Bill Act of 2025, including new rules around tax brackets, child tax credits, overtime and tip income, standard deductions for individuals 65+, and car loan interest deductions.

Whether you’re a retiree, working professional, or small business owner, understanding these changes may help you make more informed decisions and avoid costly mistakes.

📌 Topics covered:

•  2025 standard deduction increase

•  Strategic planning around the 12% and 22% tax brackets

•  Potential Tax-free treatment of overtime and tips

•  Expanded child tax credits

Watch now to stay informed and explore how these updates could fit into your financial plan. For personalized guidance, visit www.custerfinancialadvisors.com

Minimize taxes, maximize investments, and boost your financial prowess with this cheat sheet on tax-inefficient, tax-deferred, and tax-efficient investments.

Learn how to set clear financial goals with the SMART method. Discover the importance of setting specific, measurable, and achievable financial goals, like "setting financial goals" for paying off debt or saving for retirement. Boost motivation, focus, and success with well-defined financial strategies.

Tax planning is more than finding the right strategy; it's about finding the right timing. Learn how to reevaluate your tax plan annually to ensure that you're making the most of your hard-earned money.

Learn how deductibles in health insurance impact your out-of-pocket costs and decision-making. Discover how choosing a high-deductible plan can reduce premiums and help protect your finances during medical emergencies. Understand the importance of health insurance and how to help select the best plan for your needs.

Discover strategies for help navigating inherited IRA withdrawal rules and required minimum distributions (RMDs). Learn how near-retirees can boost their savings, leverage HSAs, and make informed decisions on Social Security and Medicare to secure a financially stable retirement.

Discover the real truths behind common retirement myths and learn how to help prepare for a rewarding retirement. From productivity to financial planning, get the insights you need for a smoother transition into this exciting life chapter.