Charleston's Retirement Coach
200 episodes - English - Latest episode: 1 day ago - ★★★★★ - 3 ratingsFinancial advisor, Brandon Bowen, offers client-focused solutions and unbiased guidance to show what's possible for your financial future. Visit BowenWealth.com.
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Episodes
Why Put Off Smart Tax Moves? (Hint: You Shouldn’t)
October 04, 2021 07:00 - 7 minutes - 6.75 MBDemocrats have begun molding bills that would raise taxes to pay for the Biden Administration’s spending plans. Brandon talks about why he anticipates bad news to come regarding our taxes in retirement, and highlights the need to start tax planning now. Do you have a retirement tax plan? Visit www.bowenwealth.com. See omnystudio.com/listener for privacy information.
Mind The (Income) Gap
September 27, 2021 07:00 - 7 minutes - 6.83 MBSocial Security is upgrading online statements to now include your expected payment each year from age 62 to 70. Brandon shares some client experiences on determining when best to take Social Security, plus ideas on how to fill the income gap for those who decide to delay. Do you have a Social Security strategy? Visit www.bowenwealth.com. See omnystudio.com/listener for privacy information.
Avoid A “McBroken” Retirement
September 20, 2021 07:00 - 10 minutes - 9.36 MBThere’s a reason why McDonald’s seems to have such a problem with broken ice cream machines. On this episode, we share that intel and Brandon explains how one big problem in your retirement plan could also create a trickle-down effect, causing the whole thing to breakdown. Avoid a McBroken retirement, and visit www.bowenwealth.com. See omnystudio.com/listener for privacy information.
Your 401(k) Doesn’t Have A “Check Engine” Light
September 13, 2021 07:00 - 8 minutes - 7.56 MBWhen your car engine isn’t operating efficiently, you do something about it. But what about your IRA? 34 million of us could improve our 401(k) just by lowering the fees we’re paying. Brandon shares ideas on ways to “tune up” your retirement account. Worried your retirement plan is lacking efficiency? Visit www.BowenFinancialGroup.com. See omnystudio.com/listener for privacy information.
Retire TO Something, Not FROM Something
August 30, 2021 07:00 - 9 minutes - 9.02 MB25% of workers don’t ever want to stop working, but even these people need to have a plan. Brandon explains the importance of having a “retire to something” mentality. Plus, the 4 critical areas everyone needs to have covered for their retirement years. Does your plan include these items? Visit www.BowenFinancialGroup.com. See omnystudio.com/listener for privacy information.
4 Questions Advisors Hear The Most
August 23, 2021 07:00 - 8 minutes - 7.39 MBThere are four basic questions that people commonly ask financial advisors. On this episode, we list them out and Brandon shares how he responds to concerns about news headlines, income, and legacy planning. Got retirement planning questions? Visit www.BowenFinancialGroup.com. See omnystudio.com/listener for privacy information.
Should You Partake In The Great Resignation
August 16, 2021 07:00 - 11 minutes - 10.5 MBOn this episode, Tim Tebow admits he’s a big believer of "bucket strategies." Plus, if you’re close to retirement, is The Great Resignation a movement in which you should participate? Begin your exit strategy plan, and visit www.BowenFinancialGroup.com. See omnystudio.com/listener for privacy information.
Why We All Need To “Rebalance”
August 09, 2021 07:00 - 11 minutes - 10.5 MB“Rebalancing” is a term that financial advisors use a lot, but why do we need to do it? Brandon talks about how to know when to rebalance, and how to do it. Worried about the risk you have in your retirement savings? Visit www.BowenFinancialGroup.com. See omnystudio.com/listener for privacy information.
Retirees Agree: Guaranteed Income Is A Bigger Deal Than They Thought
July 26, 2021 07:00 - 9 minutes - 8.96 MB89% of 401(k) savers wish they had an annuity option in their savings plan, still most plans don’t offer them. Brandon explains ways to create your own guaranteed income streams for retirement. Learn how to create a “DIY pension.” Visit www.BowenFinancialGroup.com. See omnystudio.com/listener for privacy information.
A Rising Inflation Rate Could Help Social Security Recipients
July 12, 2021 07:00 - 8 minutes - 7.99 MBThere are 678 ways to file for Social Security…Translation - Social Security is very confusing. Brandon talks about the 2 biggest SS mistakes he sees people make, and shares ideas on how to avoid these mistakes yourself. Want a complementary Social Security Maximization Report? Visit www.BowenFinancialGroup.com. See omnystudio.com/listener for privacy information.
Before Independence Day, There’s Bobby Bonilla Day
July 05, 2021 07:00 - 9 minutes - 8.37 MBFormer major leaguer Bobby Bonilla has been retired for 20 years… and yet, he still gets a $1million check from his old team every July 1st, which is why many now call it “Bobby Bonilla” day. Brandon explains ways to create this kind of income plan for yourself. Learn more about retirement income consistency at www.BowenFinancialGroup.com. See omnystudio.com/listener for privacy information.
Why Rebalancing Is SO Important
June 28, 2021 07:00 - 8 minutes - 7.56 MBOnly half of investors routinely rebalance their retirement portfolios. Brandon explains why this practice is critical, particularly for retirees. Need help rebalancing your accounts? Visit www.BowenFinancialGroup.com See omnystudio.com/listener for privacy information.
A Retroactive Tax Hike Could Be Coming
June 21, 2021 07:00 - 13 minutes - 12 MBPresident Biden says he want to put a retroactive tax on capital gains to April of 2021. Is there any way to plan for this kind of taxation? And the 1 expense you may never have, but is incredibly expensive if you do. Plan for LTC in a way that won’t waste your money. Learn more at www.BowenFinancialGroup.com See omnystudio.com/listener for privacy information.
When Can You RETIRE, Retire
June 14, 2021 07:00 - 8 minutes - 8.11 MBYou save and dream about life after you leave the working world behind, but how do you figure out when you can really, really afford to retire? Brandon talks about some “check-list” items you need to address, and the importance of “thinking ahead.” Learn about your “retirement time-frame.” Visit www.BowenFinancialGroup.com See omnystudio.com/listener for privacy information.
The Uncle Sam Effect
June 07, 2021 07:00 - 10 minutes - 9.28 MBPhil Mickelson broke records when he won the PGA Championship at age 50 and walked away with $2 million… until Uncle Sam took half of those winnings back to Washington. Brandon talks about the details of this devilish deal, and how you too can suffer from the “Uncle Sam Effect” on your retirement accounts. Want to learn ways to reduce your taxes in retirement? Visit www.BowenFinancialGroup.com See omnystudio.com/listener for privacy information.
The One Thing That Determines Your Retirement Success… Or Failure
May 31, 2021 07:00 - 11 minutes - 10.8 MBCash is no longer king. It’s income that will determine your future happiness. But how much money can you safely withdraw from your retirement accounts? Brandon shares ideas on ways to create the streams you’ll need. Does your retirement plan include a written income plan? Visit www.BowenFinancialGroup.com See omnystudio.com/listener for privacy information.
How To Find An Advisor That Works For You
May 14, 2021 13:28 - 10 minutes - 9.22 MBSo what should you look for in a financial advisor? Do you need one if you've been successful on your own? Brandon explains his style of his advising and tells a story of a client who was successful before he joined on with Brandon and how he helped them achieve even further success. See omnystudio.com/listener for privacy information.
Making Money In Retirement
May 07, 2021 13:08 - 8 minutes - 7.84 MBSo now that your paycheck is stopping after you retire, what do you do? Brandon tells of the good that lays the golden egg and how to keep that steady stream of income going as you enjoy your retirement. See omnystudio.com/listener for privacy information.
Trusting Relationships
April 30, 2021 14:00 - 7 minutes - 6.71 MBOn this episode, Brandon sat down with the country band, Little Big Town to talk about money. They talked about their long-time financial advisor and how they have built up a trust with him over the course of their career. And this leads to the conversation about how important it is to have a trusting relationship with your financial advisor. See omnystudio.com/listener for privacy information.
Where To Get Your Financial Advice
April 23, 2021 13:18 - 8 minutes - 7.85 MBWhen you need to get financial advice, where do you turn? A friend, a brother in law or the internet? Sure that could be a short-term, high-risk idea, but you should trust a financial professional. Brandon explains why you should trust a professional and fill you in on how he goes about making a plan for you. See omnystudio.com/listener for privacy information.
Over The Volatility
April 09, 2021 13:42 - 7 minutes - 6.49 MBIf the pandemic has taught us anything, it's that we experienced volatility and how that added an extra headache to our daily lives. But do you know how volatile your portfolio is? You're not alone if you don't know. Brandon talks about how many people don't realize how volatile their portfolios are. And you can find out how to figure out how volatile your portfolio is by using a new tool called "Riskalyze." See omnystudio.com/listener for privacy information.
Spring Cleaning - Replacing Your Paycheck
April 02, 2021 14:28 - 9 minutes - 8.81 MBNow that the weather is nice and Spring is here, have you thought about Spring-cleaning your portfolio? Maybe it's a good time to do that. Brandon explains this as well as taking a challenge to replace your paycheck once you retire. When you do retire, that paycheck goes away. But, what if you have a strategy that will replace that paycheck once you retire? Brandon shows you how and helps develops strategies to fit your personal needs. See omnystudio.com/listener for privacy information.
Market Risk and Crystal Ball
March 19, 2021 14:10 - 10 minutes - 9.6 MBWouldn't having a crystal ball to predict the ups and downs of the market be a great tool to have? Of course. But it's pretty unrealistic. On this episode, Brandon poses a scenario of how you could have your own crystal ball to downsize your risk in the market. But greed should not be in your future. See omnystudio.com/listener for privacy information.
Stress In Your Portfolio
March 12, 2021 15:08 - 9 minutes - 8.61 MBWhen we think of stress, it usually isn't a good thing. But what about stress in your portfolio? Sounds like it's a bad thing doesn't it? But what if you purposely put stress on your portfolio? You might find out some good things. Brandon discusses how putting stress on your portfolio can actually help you in the long run in achieving a successful retirement. See omnystudio.com/listener for privacy information.
Brandon's Dad and Lessons Learned
March 05, 2021 14:24 - 10 minutes - 9.58 MBOn this episode Brandon and I discuss his father's hard work as a farmer and how that affected his career choice of becoming a financial advisor. Also, we will discuss the relationships with his current clients. See omnystudio.com/listener for privacy information.
Estate Plans
February 25, 2021 18:50 - 7 minutes - 7.05 MBSo, do you have an Estate Plan yet? At what age should you have one? In this episode, Brandon explains when to start making an Estate Plan and what very important scenarios you should be avoiding. He will tell a story about how one tore a family apart by not being prepared. See omnystudio.com/listener for privacy information.
Your Portfolio Risk
February 19, 2021 14:26 - 9 minutes - 8.82 MBAre you actively looking at your portfolio? Many people fail to take a look at it on a regular basis. But what are you missing if you're not looking at it? What's your risk? Maybe the risk is backwards? Brandon explains what the backward risk is and tells a story of one of his clients' risk and how he righted the risk into a successful portfolio. See omnystudio.com/listener for privacy information.
The Monte Carlo Simulation
February 12, 2021 14:17 - 8 minutes - 7.99 MBAre you familiar with the 4% rule? Brandon explains what it's all about and how that will affect your future retirement. Also, what is The Monte Carlo Simulation? Yes it's a car, but maybe this system will help you on your road to retirement. See omnystudio.com/listener for privacy information.
Being Prepared For Tax Hikes
February 05, 2021 16:52 - 9 minutes - 8.6 MBAre you prepared for future tax hikes in your retirement? Maybe you're procrastinating. That's not uncommon, but of course that will create problems, especially if you want to save money on taxes in your retirement. Brandon shows you the numbers with your taxes and tell you about some of the tax strategies you should be making, including Roth conversions. See omnystudio.com/listener for privacy information.
Procrastination, Taxes, And Too Many Accounts
January 29, 2021 20:30 - 9 minutes - 8.69 MBIt's human nature to procrastinate. But what happens when you procrastinate with your retirement? And what if you have too many financial accounts? All important question to answer. Brandon explains and helps you resolve your issues with these questions. See omnystudio.com/listener for privacy information.
Protecting Your Money From Congress
January 22, 2021 20:57 - 7 minutes - 6.8 MBSo, you've saved a large amount of money for your retirement. That's great. So, how do you keep it from being overtaxed by the government if you're worried about a tax increase in the future? Brandon explains strategies to keep as much away from the government and more in your account. See omnystudio.com/listener for privacy information.
Hoarding Your Cash
January 15, 2021 13:54 - 8 minutes - 7.97 MBDo you have a lot of cash just sitting in the bank doing nothing? You're not alone. Many people are hoarders because of fear of the unknown or even not sure what to do with it. Brandon offers his advice on what you can and should do with it. Also, all this hoarded cash quite possible could help you retire earlier than you anticipated. See omnystudio.com/listener for privacy information.
Reducing Your Market Risk
January 08, 2021 15:00 - 8 minutes - 8.02 MBWhen the DOW hit an all time high recently, is it time to seriously think about the risk you're taking in the market? Should you leave your money in the market or should you scale down your nest egg? Brandon explains what your options are. See omnystudio.com/listener for privacy information.
Do It Yourself Advising
December 17, 2020 19:58 - 9 minutes - 8.94 MBMany people handle all their financial decisions. And that's okay. But are you totally confident that you know everything there is to know about it? Would you install your own swimming pool or a palm tree in your yard with minimal knowledge of how to do that? Brandon talks about why you should hire a professional to manage some, if not all of your finances. And how it's important to avoid major financial mistakes. See omnystudio.com/listener for privacy information.
Using A Young Financial Advisor
December 11, 2020 16:52 - 7 minutes - 6.9 MBYou've worked had for your retirement nest egg. Can you trust a young financial advisor? Why would you? Brandon explains that it's simple...technology. He'll also delve into the reasoning for this and how it makes sense. See omnystudio.com/listener for privacy information.
Understanding Annuities
December 03, 2020 21:14 - 10 minutes - 9.45 MBYou've probably heard the "Annuities" word thrown around, especially if you're in or nearing retirement. If you've struggled to fully understand them, Brandon will help guide you through what they are and what they do as well as as the good and bad. Who are they good for and who they work best for. It's a simplified lesson on See omnystudio.com/listener for privacy information.
Put A 2nd Set Of Eyes On Your Portfolio Before 2020 Ends
November 05, 2020 14:02 - 7 minutes - 6.86 MBIt was a looooooong election season, but we all unite knowing the political ads are finally over! Brandon shares his positive thoughts about coming together as a country and moving forward. Plus, a real-life story that reinforces how a fresh perspective could change your financial outlook… Especially when it comes to taxes and your retirement portfolio. See omnystudio.com/listener for privacy information.
Preparing For The Perfect Tax Storm
October 21, 2020 20:43 - 9 minutes - 9.01 MBIn the fall of 1986 President Reagan signed a major tax reform bill into law that lowered the top income tax rate from 50% to 28%. Since then, Congress has raised the top rate to 37% - And considering our deficit and the pandemic, more hikes are likely coming. Add in the possibility that taxes will rise if there’s a “blue wave” and Democrats win the presidency, House, and Senate in November… Then we’re left with the perfect tax storm after the election. Brandon isn’t focused on the politics…...
Avoiding Buyer's Remorse, Even In Investing
October 16, 2020 18:43 - 8 minutes - 7.84 MBSurly we’ve all felt some regret in our life after purchasing a car, home, vacation or maybe even electronics. Buyer’s remorse can have serious consequences — not just anxiety. On this episode, Brandon explains how he helped a couple work through the buyer’s remorse they were feeling about an annuity they acquired years ago from another firm. Annuities aren’t always bad... but listen to find out what “lemons” to watch out for with your portfolio. See omnystudio.com/listener for privacy info...
Grandpa's Debate & Your Money
October 02, 2020 12:28 - 7 minutes - 6.88 MBAfter trying to watch the 1st presidential debate, many of us feel less informed than ever. Brandon isn’t concerned about who you vote for or why. He’s a financial advisor that is only focused on how the election might impact your bottom-line, especially when it comes to taxes! On this episode he explains how to proactively be tax efficient with your portfolio… regardless of Trump or Biden winning in November. See omnystudio.com/listener for privacy information.
Brandon's Calling & The Reality of the Unexpected
September 24, 2020 16:59 - 11 minutes - 10.6 MBAfter Brandon passes along a brief checklist of what to consider before trying to pull off a forced or voluntary early retirement… You may need a tissue. He shares how he recently helped one couple address a very common worry: Running out of money. When you hear their story and why that fear became so urgent for them, you’ll better understand why Brandon takes so much care, concern and pride in helping people like you retire as confidently as possible. See omnystudio.com/listener for privac...
Higher Taxes Are Coming! Here's How to Protect Yourself
September 14, 2020 18:04 - 11 minutes - 10.6 MBWhat would you sacrifice to be able to retire early? Your mind will be blown when you find out what 8% of Americans said they would give up to stop working 10 years sooner than planned! Plus, we’re all focused on how the candidates plan to address taxes and our deficit. Either way the election falls, it’s likely that Uncle Sam is going to take a MUCH bigger bite out of our money for taxes in the future. Brandon simplifies how you can plan in advance to be more efficient when that day comes. ...
2020 Election - Taxes & Your Money
August 28, 2020 12:54 - 11 minutes - 10.9 MBLawmakers in California are not only trying to increase their income tax rates; they’re also proposing what could be a first-in-the-nation wealth tax! If they get away with it, other states will likely attempt the same. With such a heated election pending in November, Brandon discusses how the outcome could directly impact your wallet… but doesn’t have to. Listen to find out the numbers you CAN control… and how to NOT let politics dictate your financial future. See omnystudio.com/listener f...
Keeping Your Paycheck & Losing Your COVID-19 Weight
August 19, 2020 20:30 - 11 minutes - 10.9 MBAfter passing along a simple way to back down our COVID-19 weight gain, we focus on how the virus is impacting the paychecks of many American workers. Unfortunately, October is expected to be tough for businesses that have been hit hard during the pandemic. That’s when some of the payroll protection provisions under the CARES Act expire, which means a new wave of layoffs are coming. Brandon passes along proactive steps for those near retirement to take who are concerned their job could be in...
Finding The GOOD During The Ups & Downs Of Life
August 05, 2020 13:40 - 12 minutes - 11.4 MBSince the U.S. economy recently experienced its worst drop on record, Brandon highlights how and why you need to create your own income plan. Find out how to take back control of your hard-earned money, and make sure your personal economy is moving in the right direction… so that you can pay yourself when you stop working! Plus, a recent survey found that Americans haven’t been this unhappy in about 50 years… but have no fear, Captain Positive Brandon Bowen is here with some good news! See ...
Planning Your Wedding vs. Your Financial Future
August 03, 2020 21:28 - 13 minutes - 12.2 MBAfter hearing the romantic and thoughtful story of how Brandon popped the question, and how prepared his wife was for their beautiful wedding 16 years ago… We contrast that with the amount of time we should planning our financial future. Brandon also explains how retirees can avoid some of Uncle Sam’s “tax traps” and be efficient. See omnystudio.com/listener for privacy information.
Taking Advantage of the "Sale" on National & Local Taxes
July 16, 2020 17:11 - 9 minutes - 8.3 MBWe all realize that Washington will probably raise taxes eventually to pay for all of the stimulus spending. However, many of us may have forgotten that our state and local governments are hurting for money too. Lockdown orders and layoffs deprived many states and cities of 2 valuable sources of revenue: Income taxes & sales taxes. While addressing recent concerns some clients had, Brandon breaks down what you can do TODAY to be as tax efficient as possible with your portfolio. See omnystud...
Baseball & Why You Need Income In Your Bullpen
July 09, 2020 19:57 - 10 minutes - 10 MBGreat news sports fans! Yes, it’s a shorter season… but MLB is here! If you’re a fan, you may remember that Bobby Bonilla hasn't played professionally in about 20 years. Since 2011 the Mets have been cutting him a yearly check for over $1 million and will until 2035. Bonilla brilliantly put off immediate satisfaction and opted to defer his contract buy out. Therefore, he has more than sufficient income during his retirement. Brandon explains how to use the money YOU’VE put away to create an ...
Preparing For Hurricane Uncle Sam
June 19, 2020 14:25 - 11 minutes - 10.5 MBIt’s hurricane season, and if you live in the Lowcountry… It’s no secret that a direct hit from a hurricane can ruin what you’ve worked so hard for. When you’re in or near retirement, taxes are pretty much a category 5 threat to your portfolio all year. Brandon talks about why taxes will likely go up when you stop working, and how you can take advantage of the limited time we have to prepare now! See omnystudio.com/listener for privacy information.
Getting Through A Layoff Or Buyout In 3 Steps
June 11, 2020 14:52 - 9 minutes - 8.64 MBCharleston thrives on hospitality and tourism. From Boeing to hotels, restaurants and airlines… the entire travel industry has been hit particularly hard from the economic downturn. Unfortunately, this has resulted in layoffs and early retirement packages for millions. Brandon explains how to deal with this tough situation, and how to plan in advance for the “what ifs” of life. See omnystudio.com/listener for privacy information.