Retirement Planning, Health Coverage, and Income with Mike McCabe, CFP®, CPC – Part 1 (Ep. 81)
Retirement often feels close long before the details are clear, and timing can shape how smooth the transition feels. Decisions around income, health coverage, and benefits tend to overlap more than expected.
In this episode, Nicole Romito sits down with Mike McCabe, CFP®, CPC, Partner & Senior Advisor at Private Vista, to walk through what to think about in the final year before retirement. They cover Medicare timing, Social Security decisions, and how early planning helps avoid rushed choices. The conversation also explores replacing a paycheck, managing cash flow, and why tax awareness matters as income sources change.
Key takeaways:
- Planning health insurance decisions at least 90 days before retirement to avoid gaps and confusion
- Understanding how Medicare Parts A, B, D, and supplemental options fit together
- Recognizing that Social Security reductions for early filing are permanent
- Replacing a paycheck with structured retirement income that feels predictable
- Using multiple account types to manage taxes and income timing effectively
- And more!
Connect with Nicole Romito:
Connect with Mike McCabe:
About Our Guest:
Throughout his career in financial services, Mike McCabe has focused on helping clients manage their financial lives in a way that supports enjoyment and fulfillment beyond the numbers. He has a strong commitment to continued learning, earning the CERTIFIED FINANCIAL PLANNER® designation as well as the Certified Pension Consultant (CPC) designation through the American Society of Pension Professionals and Actuaries. Within the firm, Mike serves on the Investment Committee, supports compliance efforts, and mentors the next generation of advisors.
Mike values a healthy work and life balance, which for him means finding satisfaction in his work while making time for golf, volunteering, exercise, movies, and meaningful time with his wife, friends, and family. He looks ahead to continued growth with modern technology, more travel, deeper community involvement, and enjoying life as a present and engaged grandfather.
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