Happy Holidays and welcome to a special Christmas Eve episode of Retire with Ryan!

To celebrate the season, I’m embracing the holiday spirit with a financial twist on the iconic Christmas movie, Home Alone. This 1990 classic has become a Christmas staple, featuring young Kevin McCallister, who’s accidentally left behind while his family flies to Paris for Christmas vacation. Armed with creativity and courage, Kevin outsmarts two bumbling burglars with a series of clever traps before his family returns home.

But today, I’m looking at Home Alone through a different lens. As your financial advisor, I’ll break down the McCallister family’s finances. How rich were they? What would their stunning Chicago home be worth today? And what kind of jobs could support such a luxurious lifestyle?

With a budget of just $18 million, Home Alone has grossed nearly $500 million worldwide—and I’ve probably contributed to that total with how many times I’ve rewatched it! So, grab some eggnog, settle in by the fire, and let’s explore the McCallister family’s financial plan.

• [1:25] Sign up for my weekly newsletter and get a free chapter of my book!
• [3:19] How much is the McCallister house worth?
• [5:19] Calculating how much the McCallisters made
• [7:48] What did the McCallisters pay in taxes?
• [10:47] What was their cashflow?
• [13:13] College costs for a family of five
• [15:03] How much are they saving for retirement?
• [18:43] Did the family have life insurance?
• [19:36] The type of estate planning they had

• Retirement Readiness Review
• Subscribe to the Retire with Ryan YouTube Channel
• How Rich Were the McCallisters?
• Historical 401K Limits
• Details about Home Alone
• The McCallister House on Realtor.com
• Home Alone Fan Speculations
• A Brief History of the 401K

www.MorrisseyWealthManagement.com/contact

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How can an annuity help you secure income in retirement? Annuities often come with a reputation for being complicated, expensive, and overhyped—but they aren’t one-size-fits-all. The truth is, while they’re not the best solution for everyone, there are situations where they can provide the guaranteed monthly income some retirees need.

In this episode, I’m joined by Andy Panko, CFP®, RICP®, EA, and President of Tenon Financial. Together, we’ll cut through the confusion and explore when an annuity might actually be the right fit for your retirement strategy.

• [1:40] Two ways to generate income in retirement
• [3:07] Real-life scenario: When you might want an annuity
• [12:36] How an indexed annuity works
• [16:39] Do annuities have inflation adjustments?
• [20:13] Calculating the rate of return
• [23:42] Why a good financial advisor is important

• Retirement Readiness Review
• Subscribe to the Retire with Ryan YouTube Channel
• Tenon Financial
• Andy Panko on LinkedIn
• The 7 Myths About Indexed Universal Life Insurance
• ImmediateAnnuities.com
• Financial Planning Association
• Charles Schwab Income Annuity Calculator

www.MorrisseyWealthManagement.com/contact

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Last year, Americans donated $558 million to charities. 69% of those donations come from individuals. They also donated 4.1 billion hours to charities.

If you are someone making a donation to a charity, you need to know how they can help you reduce your taxes. One way to do that is through a donor-advised fund.

What is a donor-advised fund? How does it work? Should you consider using one for charitable giving? I’ll cover the details in this episode.

• [1:39] Sign up for my newsletter at RetireWithRyan.com
• [3:05] What is a donor-advised fund?
• [4:51] How is this different from other contributions?
• [5:51] Who should consider a donor-advised fund?
• [10:15] Who offers donor-advised funds?
• [11:05] Pros/cons of donor-advised funds
• [12:40] Additional benefits of using a donor-advised fund
• [13:27] How to choose the right charity
• [14:34] What are your next steps?

• Sign up for my newsletter at RetireWithRyan.com
• Retirement Readiness Review
• Subscribe to the Retire with Ryan YouTube Channel
• Charity Navigator
• Pros and Cons of Donor-Advised Funds

www.MorrisseyWealthManagement.com/contact

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