How the New Tax Law Could Impact Your Retirement


On our last morning together, I snapped this picture as we walked home from breakfast before my daughter and granddaughter headed back home.

Iโ€™m pretty sure this isnโ€™t how a stroller is supposed to work ๐Ÿ˜† โ€ฆ but the laughter made it worth it. Fortunately, theyโ€™ll be back next month for my wifeโ€™s birthday โ€” and I canโ€™t wait.


From Family Time to Future Planning

๐Ÿ’ฌ From Episode 65:

โ€œOur advantage over Uncle Sam is that we can look many years in advance. All Uncle Sam cares about is this year.โ€ โ€“ Eric Blake

This week on The Simply Retirement Podcast, I break down the biggest tax law changes from the new One Big Beautiful Bill Act โ€” and why looking years ahead can be your greatest advantage in retirement planning.

Hereโ€™s what youโ€™ll learn:

  • ๐Ÿ“Œ The new $6,000 bonus deduction for those age 65+ (and how it stacks with standard or itemized deductions)
  • โณ Why it expires in 2028 and how to plan ahead
  • ๐ŸŒ Changes to the SALT cap that could help high-tax-state residents
  • ๐Ÿ’ก Opportunities in Social Security timing, Roth conversions, and charitable giving
  • ๐Ÿ•Š๏ธ Widow tax planning and long-term income strategies to reduce lifetime tax liability

๐ŸŽง Listen here: Episode 65 โ€“ What the 2025 Tax Law Means for Your Retirementโ€‹

โ–ถ๏ธ Watch on YouTubeโ€‹


Extra Credit: 10-Minute Bonus Video

I recently joined Dana Zellers, Executive & Leadership Coach, on Water Cooler Wisdom to share how women juggling demanding careers and families can take control of their financial plan now to reduce future stress and burnout.
๐Ÿ“บ Watch here โ€“ quick, actionable insights you can apply todayโ€‹


Webinar Alert: What the New 2025 Tax Law Means for Your Retirement Plan

๐Ÿ“… Tuesday, August 26, 2025 | 6:30 PM CT | Online

โ€‹
โœ… Whatโ€™s changing โ€” and whatโ€™s not
โœ… Using the new $6,000 deduction for 65+
โœ… How to prepare before key provisions expire in 2028
โœ… Steps to take now with your advisor or CPA

โ€‹Learn More and Register here โ€” space is limited.


Related Links & Resources

Have more questions about retirement planning? Just hit reply to this email. I read and respond to every message. ๐Ÿ˜ƒ

Keeping Retirement Simple,

Eric Blake, CFPยฎ

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All investing involves risk including loss of principal. Results will vary. Past performance is no indication of future results or success. Market conditions change continuously.

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The Simply Retirement Newsletter

Straightforward retirement education for women delivered to your inbox weekly. ๐ŸŽ™๏ธ Host of the Simply Retirement Podcast. Whether you are divorced, widowed, or simply ready to take control of your financial future, your retirement planning needs are special.

Read more from The Simply Retirement Newsletter

๐Ÿ’ฅNext Week!๐Ÿ’ฅ Webinar Alert: What the New 2025 Tax Law Means for Your Retirement Plan ๐Ÿ“… Tuesday, August 26, 2025 | 6:30 PM CT | Online โœ… Whatโ€™s changing โ€” and whatโ€™s notโœ… Using the new $6,000 deduction for 65+โœ… How to prepare before key provisions expire in 2028โœ… Steps to take now with your advisor or CPA Learn More and Register here โ€” space is limited. Understanding The Widowโ€™s Penalty and What You Can Do About It ๐Ÿ’ฌ From Episode 66: โ€œMany women find themselves navigating complex financial...

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