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The 'What's Next?' Retirement Podcast
Welcome to another edition of The Whats Next? Retirement Podcast with Craig Wear. Life is full of transitions that have a financial impact now and in your future. When finances are affected, there are always questions to ask and choices to make. As an independent Certified Financial Planner for well over thirty years, Craig has helped Americans make decisions that give them their best financial futures. The experiences with so many clients has given him a unique perspective to help with Whats Next? for you - as you navigate the unknowns of your own life. Language: en-us Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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The Roth Illusion: Why Most Software Gets It Wrong
Friday, 13 June, 2025
Hosted by: Craig WearGuest: Daniel Jandro, CFP®, Rothologist at Q3 Advisors🔍 Episode Summary:In this episode, Craig Wear sits down with Daniel Jandro—aka “The Professor”—to unpack one of the biggest myths in Roth conversion planning: the belief that common financial software gets it right.If you’re using tools like eMoney, RightCapital, or even DIY spreadsheets to manage your Roth conversions, this episode is a wake-up call. Craig and Daniel walk through the limitations of major platforms, why one-size-fits-all strategies fall short for IRA millionaires, and how Q3’s proprietary methodology is helping clients avoid billions in unnecessary taxes.They also reveal why most advisors and tools fail to optimize—and why specialized planning is essential when your pre-tax retirement accounts top seven figures.Try the calculator featured in this episode:👉 https://q3.link/rmd-calculator-podcast⏱️ Chapter Markers:• 00:00 – Introduction & Overview• 01:20 – Who Really Needs Roth Conversions?• 03:45 – Introducing the RMD Calculator• 06:00 – Sample Case Walkthrough• 09:00 – Lifetime Tax Exposure & Heir Consequences• 10:45 – What Makes This Calculator Different• 12:00 – Paradigms That Get in the Way• 14:00 – The Experience Gap for DIYers• 16:45 – The Problem with Excel and Traditional Tools• 19:45 – Review of Major Planning Software• 24:30 – Hidden Risks in Off-the-Shelf Optimizers• 26:40 – Why Specialization Matters• 28:45 – What Mastery Looks Like• 31:00 – Q3’s Real-World Experience• 33:00 – Closing Thoughts & Invitation📌 Key Takeaways:• Why standard financial software often miscalculates Roth conversion outcomes• The million-dollar threshold: Why IRA millionaires need a totally different strategy• How Q3’s RMD Calculator can open your eyes to tax consequences for both you and your heirs• The #1 reason smart people still get Roth conversions wrong—and how to fix it• Real-world case studies and tax savings data from 1,200+ client scenarios• The problem with software like eMoney, RightCapital, MaxiFi, and NewRetirement when it comes to advanced tax optimization• The importance of working with a Roth conversion specialist instead of a generalist💬 Quotes:“If you’re not doing accelerated conversions and you’re an IRA millionaire, you’re leaving money on the table.” – Craig Wear“When one variable is wrong, the compounding tax impact can last generations.” – Daniel Jandro👥 Work with Q3:Learn more about Q3’s planning services, their money-back refund offer, and how to work directly with a CFP® from their team:🔗 Schedule a Call now
