Will vs. Trust - Money Matters with Ken Moraif

What matters more: avoiding taxes today or protecting your retirement for the years ahead? In this episode of Money Matters with Ken Moraif, we tackle one of the most common investing mistakes retirees make and explain why preserving your wealth should always take priority over chasing short-term tax savings. We also take a deep dive into Social Security, answering questions many retirees ask but few fully understand. Why doesn't your benefit always increase when a cost-of-living adjustment is announced? Could up to 85% of your Social Security benefits be taxable? And what strategies may help reduce that tax burden? We break down these complex topics into practical, easy-to-understand guidance. Finally, we explore one of the most important aspects of retirement planning: protecting the legacy you've worked so hard to build. Learn the key differences between wills and trusts, when each may be appropriate, and how thoughtful estate planning can help your family avoid unnecessary costs, delays, and complications. Whether you're approaching retirement or already enjoying it, this episode is packed with practical insights designed to help you make informed decisions, protect your nest egg, and make your money last as long as you do. Advisory services provided by RPOA Advisors, Inc. (d/b/a Retirement Planners of America, "RPOA"). This content is for general educational purposes only and is not investment, tax, or legal advice. Opinions expressed are those of Retirement Planners of America and should not be relied upon as a recommendation. The Invest and Protect Strategy is not guaranteed and does not protect against all losses: it relies on a sell signal that can incorrectly predict a market decline, is subject to adviser discretion, may involve transaction costs and tax consequences, and may reduce total and average annual return over the long term compared with a static allocation. Past performance does not guarantee future results. ©Copyright 2026