Financial Symmetry: Balancing Today with Retirement
225 episodes - English - Latest episode: 11 days ago - ★★★★★ - 45 ratingsWhen considering retirement, do you wonder what financial opportunities you may be missing? Busy lives take over and years pass without taking advantage. In this retirement podcast, Chad Smith and Mike Eklund unveil financial opportunities, to help you balance enjoying today so you are ready to retire later. By day, they are fiduciary fee-only financial advisors who answer questions about tax savings, investment decisions, and how to save more. If you’ve been putting off your financial to-do list or are just not sure what you’ve been missing, subscribe to the show and learn more at www.financialsymmetry.com. Financial Symmetry is a Raleigh Financial Advisor, proudly serving clients in the Triangle of North Carolina for over 20 years.
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Episodes
Be Ready For These 10 Tax Surprises, Ep #213
April 08, 2024 07:00 - 28 minutes - 22.7 MBSo many of us will be hoping for no tax surprises when preparing our tax returns this year. This is why we want to provide you with a list of common tax surprises to watch for. After working with hundreds of clients to prepare their tax returns, we’re sharing the latest tax surprises we see that could be helpful to know when completing your tax return this year. Outline of This Episode [0:42] The Slott Report [2:39] Inheritance surprises [6:51] Credit card rewards [8:10] Intere...
How to Handle a Forced Early Retirement, Ep #212
March 26, 2024 07:00 - 13 minutes - 10.5 MBRetirement can hit us with numerous curveballs. One of those could happen right out of the gate–being forced with an early retirement. We all know that layoffs are part of the corporate landscape. While they are commonplace, when you are faced with one later in your career it can cause you to reevaluate your financial situation. In this episode, we discuss your options if you are laid off and how they fit in with your financial plan, your tax plan, and your 401K. **** 📬 Get our Ret...
Tools for Making Better Financial Decisions, Ep #211
March 12, 2024 03:00 - 21 minutes - 17.2 MBWhile most of our listeners are in or on the cusp of retirement, many have loved ones who are earlier in their careers. Often we get questions on how our listeners and clients can help their younger family members make better financial decisions. As we celebrate International Women's Day with this episode, you’ll meet our newest CFP, Niamh Douglas. Niamh and Allison discuss some tools and strategies to help young people who are just starting out get off on the right financial foot. Reso...
Turn Your ‘What Ifs’ into 'What's Next' with Retirement Stepping Stones, Ep #210
February 26, 2024 17:27 - 33 minutes - 26.7 MBMany who approach retirement view it as the ultimate goal, but you could have 30+ years to experience the retirement you've worked to build. While much of retirement planning is focused on the numbers, people often fail to intentionally plan out how they'll spend their time. In this episode, we explore some common retirement pitfalls and then ten stepping stones to help us overcome challenges you might encounter. **** 📬 Sign up for the Advisor Corner Newsletter here and receive our ...
5 Reasons to Consider Investing in More Than the S&P 500, Ep #209
February 12, 2024 08:00 - 23 minutes - 18.7 MBMany investors have been tempted to invest more, if not all, of their portfolios in the S&P 500 given the incredible run it’s had over the last decade. But today we are talking through five reasons why you should consider not making a concentrated investment only in the S&P 500. Don't let recency bias rule your decision-making on the road to your ideal retirement. **** 📬 Sign up for the Advisor Corner Newsletter here and receive our Pre-Retirement Checklist. 🎯 Article - A Few Tho...
The Challenges with Divorce in Retirement with Lesli Doares, Ep #208
January 29, 2024 08:00 - 30 minutes - 24.3 MBOne of the biggest financial disasters that people can experience in retirement is divorce. On this episode of Financial Symmetry, Grace Kvantas chats with licensed marriage and family therapist, Lesli Doares. Lesli shares warning signs to look out for, misconceptions about keeping finances separate, and why couples should seek marriage counseling in retirement. Your marriage affects every aspect of your life. Listen in to learn how you can improve it. **** 📬 Sign up for the Advisor C...
Should I Roll My IRA into My 401K to Do a Backdoor Roth? Ep #207
January 15, 2024 08:00 - 21 minutes - 17.1 MBIf you have rollover IRA accounts and want to make a backdoor Roth IRA contribution, this episode is for you. There are several steps involved to handle this strategy in the right way including understanding how you roll the IRA accounts to your 401k. Today we walk through five considerations you should think through before you implement a strategy to complete your Backdoor Roth contributions. **** 📬 Tips each month to help you Enhance Your Today and Enrich Your Tomorrow. Download ou...
15 Surprising Financial Facts to Round Out 2023, Ep #206
December 26, 2023 08:00 - 19 minutes - 15.6 MBIn our usual episodes, we aim to arm you with a particular insight or strategy that can help you inch closer to your ideal retirement. But, with todays show, we want to close the year by providing a list of 15 surprising financial facts about the year that you could share in a conversation with a friend or family member. We also pay tribute to the great investor Charlie Munger, by providing a few of our favorite Mungerisms. As you begin your 2024, we thank you all for listening and shar...
Planning for Health Insurance in Retirement Pre-Medicare, Ep #205
December 11, 2023 08:00 - 21 minutes - 16.8 MBIf you are planning on retiring before age 65, there is no doubt that you have had this question. What do you do about health insurance? In the United States, the health insurance landscape is ever-changing and takes quite a bit of planning. Many people even feel anchored to their jobs because of the prohibitive costs of health insurance. However, there are options for healthcare before age 65. Listen in to discover what your options are and what you should be doing to plan for thi...
Tax Planning Tips You May be Ignoring, Ep #204
November 27, 2023 08:00 - 23 minutes - 9.36 MBTaking advantage of tax planning opportunities before year-end may benefit you this year while also lowering your lifetime tax rate. Paying more taxes now to lower your lifetime tax rate may seem unconventional, but if you are serious about building wealth, this episode may include a strategy for you. Listen in to hear ten tax strategies you could use on the path to your ideal retirement. **** 📬 Tips each month to help you Enhance Your Today and Enrich Your Tomorrow. Download our P...
8 Typical Stock Option Mistakes to Avoid, Ep #203
November 13, 2023 08:00 - 23 minutes - 18.6 MBOn the journey to reach your ideal retirement, stock options can be a valuable tool to have in your arsenal. However, it’s easy to make mistakes given most people don’t have a class in high school that provides pointers on how to handle when they vest. There are many things to consider with stock options: the different types, timing deadlines, tax consequences, and the leverage involved. Since it is such a complex topic, they’re often put on the back burner and can easily be forgotten ...
Retirement Plan Horror Stories, Ep #202
October 30, 2023 07:00 - 31 minutes - 25.4 MBThere’s so much we can overlook with retirement plans. Here at Financial Symmetry, we are constantly finding ways to help you be aware of retirement opportunities and rules and improve your wealth. On this special Halloween-themed episode of Financial Symmetry, Allison has come up with some retirement plan horror stories to spook you. Listen in to ensure that these horrors don’t ruin your retirement plans. ***** 📬 Tips each month to help you Enhance Your Today and Enrich Your Tomorro...
Could You Use Net Unrealized Appreciation? Ep #201
October 16, 2023 07:00 - 21 minutes - 17 MBIf you are a long-time listener you know that we like to go through the nuances of financial planning that may be valuable to you. In this episode, Allison and I take a look at net unrealized appreciation (NUA). Listen in to learn what it is, who could benefit from it, and the benefits and pitfalls of using NUA. You won’t want to miss out on hearing one of our classic fictional case studies involving Freddie Krueger. Press play to hear if you could benefit from using NUA. Outline of Thi...
Should You Roll Over Your Retirement Account to an IRA? Ep #200
October 02, 2023 07:00 - 30 minutes - 24.2 MBWhen it comes to the question of rolling over a 401K or 403B to an IRA, many people fear making mistakes. It’s true, that retirement account mistakes can be costly. On this episode, we’ll explore the options you have, the factors to consider, and the reasons you should and the reasons you shouldn’t roll over your employer-sponsored retirement account. Outline of This Episode [3:15] The 6 options you have when you separate service [8:01] Factors to consider [13:54] Reasons to roll ove...
The Benefits of a Wealth Management Relationship - Part 2, Ep #199
September 18, 2023 07:00 - 25 minutes - 20.2 MBInvesting is simple but not easy. To that end, what are the impacts if you do a poor job managing your investments? Several studies from Vanguard and Morningstar have attempted to quantify how behavioral coaching can impact your savings. The numbers settle around 1.5-2%/yr. That may not sound like much, but could equate to millions of difference over 30+ years of savings. On this episode, we continue to explore the benefits of the wealth management relationship. If you haven’t listened ...
How Could You Benefit from a Wealth Management Relationship? Part 1, Ep #198
September 05, 2023 07:00 - 32 minutes - 59.8 MBMany people who reach out to a financial advisor simply seek help creating a financial plan. A financial plan can get you on the right path to financial freedom. However, there are limitations to creating a one-time financial plan. In this episode, a few of our wealth advisors discuss how wealth management works from the tax planning, retirement planning and risk planning perspectives. ***** 🎥 See video recaps here 📬 Tips each month to help you Enhance Your Today and Enrich Your T...
6 Critical Questions to Ask When You Inherit an IRA, Ep #197
August 21, 2023 07:00 - 24 minutes - 19.9 MBSo, you inherited an IRA–now what? The rules surrounding inherited IRAs are more complicated than you think, so if you have already inherited an IRA or expect to in the near future, we are breaking down how you should think about making withdrawals. In this episode, you’ll learn the three types of beneficiaries and the six questions you need to ask yourself when you inherit an IRA. ***** 🎥 See video recaps here 📬 Tips each month to help you Enhance Your Today and Enrich Your Tomorr...
Are You Making These IRA Beneficiary Mistakes? Ep #196
August 07, 2023 07:00 - 23 minutes - 19.2 MBIf you're a Modern Family fan, you should enjoy today's episode. Today, we're diving in the mistakes made when we make assumptions about our IRA beneficiary forms. Many people don’t realize this but their IRA has the opportunity to be the star player of their estate plan. In this episode, we walk through real world examples, to help you take steps now to avoid similar pitfalls in your own lives. ***** 🎥 See a video recap 📬 Tips each month to help you Enhance Your Today and Enri...
Anchoring to an Arbitrary Dollar Amount
July 24, 2023 07:00 - 23 minutes - 18.5 MBThe behavioral and emotional side of financial planning takes precedence when planning for our future. I see this play out frequently in the form of anchoring to a perceived value we’ve grown accustomed to, based on prior experience. This “value”; however, can unfortunately lead to decisions that damage the success of our financial plan. Outline of This Episode [1:40] Anchoring to a dollar amount is what we’re used to [5:56] Are you stuck on your stock prices? [10:25] Your retirem...
How to Optimize Your Estate Plan with Adam Tarsitano, Ep #194
July 10, 2023 07:00 - 25 minutes - 20.1 MBToday estate law attorney, Adam Tarsitano, joins us to discuss how you should think through some commonly misunderstood areas of your estate plan. Listen in to learn why you may not look forward to the sunset in 2026, the difference in various trusts, and whether you should open a trust to avoid probate. ***** 🎥 See a video recap 📬 Tips each month to help you Enhance Your Today and Enrich Your Tomorrow. Download our Pre-Retirement Checklist Ebook today 🎯 Subscribe to not miss futur...
4 Books to Add to Your Summer Reading List, Ep #193
June 26, 2023 07:00 - 18 minutes - 14.8 MBSummer is here! That means it’s time to brush off the bookshelf and get reading. We have a few book ideas to enhance your reading list. If you are looking to improve your financial life or even just enjoy a light beach-read you won’t want to miss this list. Outline of This Episode [0:55] Never Split the Difference [5:20] The Gap and the Gain [9:55] Simple Wealth, Inevitable Wealth [12:52] Hello, Molly Resources & People Mentioned BOOK - Never Split the Difference by Chris Voss B...
When Are We No Longer Investing For the Long-Term?
June 12, 2023 14:13 - 20 minutes - 38 MBMost of us feel like we have a sound process for investing, that is until curveballs are thrown our way. Then, emotions like envy, greed, and fear take over, making us feel like we need to abandon our long-term investing process for the short term. We do this by taking impulsive actions like: Timing the market Buying what’s hot Selling what’s plunging However, the investors who do well, in the long run, are the ones who stay the course, focusing less on reactionary changes and more on...
Preparing Your Game Plan for an Ideal Retirement, Ep #191
May 30, 2023 07:00 - 18 minutes - 15.1 MBWhat can hockey teach us about pursuing your ideal retirement? As we watched our Carolina Hurricanes progress in the Stanley Cup playoffs, we were reminded of three hockey strategies that are also vital in fulfilling financial planning outcomes. And despite the early exit of the Canes in the Eastern Conference Finals, this hockey-themed episode can still assist you in the pursuit of your ideal retirement. As Wayne Gretzky reminded us, don’t skate to where the puck is, skate to where ...
Ways to Prevent Taxes From Catching You by Surprise, Ep #190
May 15, 2023 07:00 - 27 minutes - 22.1 MBAre you the type of person who loves surprises? One surprise you probably don’t enjoy is having to pay more taxes than you anticipated. Unfortunately, taxes are a necessary part of life. The best thing you can do to ensure that you aren’t caught off guard at the end of the tax year is to prepare throughout the year. On this episode of Financial Symmetry, Allison Berger and I review 9 ways to prevent taxes from catching you off guard. Don’t let the next tax season take you by surprise. ...
Smart Financial Decisions for Recent College Graduates, Ep #189
May 01, 2023 07:00 - 32 minutes - 25.8 MBMany of our clients ask for financial books and other resources they can share with their loved ones to improve their financial literacy. When young people are armed with financial knowledge they make smarter financial decisions that will ultimately pay off in the long run. When young adults are just getting started, financial information is best shared in bite-sized pieces which makes a 30-minute podcast the ideal medium for potentially life-changing financial tips. If you know of some...
Intentional Giving: Framing Your Charitable Goals, Ep #188
April 17, 2023 07:00 - 22 minutes - 17.8 MBAs you plan to live your ideal retirement, you may want to share your good fortune with others who are less fortunate. 🎥 See a video recap here Giving is incentivized through the tax code, so being charitably inclined can also help to reduce your tax liability. In retirement, there are many ways to map out your charitable giving to take full advantage of the tax benefits. This is why, we discuss ways to capitalize on those opportunities while meeting your charitable goals. Listen in ...
Financial Planning or Wealth Management? All the Small Things, Ep #187
April 03, 2023 07:00 - 28 minutes - 22.5 MBHave you ever spent hours trying to fix something that, with the right tools, a professional could fix in five minutes? We’ve all been there. But it's often difficult to fully appreciate the time, effort, and in some circumstances the cost it could save you to enlist help earlier in the process. In today’s episode, we’ll explore six steps that are available to augment your lifetime savings. Press play to discover if you are missing out on critical savings tools. ***** 📬 Tips each mon...
Strategies for Managing Your Cash, Ep #186
March 20, 2023 07:00 - 19 minutes - 15.3 MBIf you have been watching the news lately you may be wondering if your cash is safe. Watching the country’s 16th largest bank collapse causes people to question whether the banking system is set up to ensure that funds are accessible. On this episode of Financial Symmetry, we’ll discuss what happened to Silicon Valley Bank, examine how much cash you really need, and explore options for managing your emergency fund. Listen in to learn how to safely manage your emergency fund. Outline of...
Ways to Improve Financial Outcomes for Women, Ep #185
March 06, 2023 08:00 - 21 minutes - 17.1 MBAs International Women’s Day approaches, we wanted to get together to explore ways to improve the financial outcome for women across the globe. In this episode, Allison Berger, Grace Kvantas, Haley Modlin and Darian Billingsley, break down the four Cs of women’s personal finance. Resources & People Mentioned LadiesGetPaid.com Big Hero 6 Care.com Care Yaya ElderCare.ACL.gov SarahCare Episode 173 - When Retirement Is Derailed by Longterm Illness BOOK - Being Mortal by Atul ...
How Will You Handle Your Retirement Transition with Susan Bradley, Ep #184
February 20, 2023 08:00 - 26 minutes - 21.6 MBRetirement is one of the most significant changes that you will manage in your life. It takes not just careful financial planning, but also careful life planning as well. 🎥 See a video recap here Our guest today, Susan Bradley, is the author of Sudden Money and the founder of the Sudden Money Institute. She is also a Certified Financial Planner (CFP) and a Certified Financial Transitionist (CFT). We discuss how best to prepare for the retirement transition ***** 📬 Tips each month to...
What a Challenging Investment Experience Can Teach Us, Ep #183
February 06, 2023 08:00 - 25 minutes - 46.9 MBIn today’s video, we discuss several questions of what we can learn from last year’s investing experience and what we could expect for 2023. Why 2022 was a challenging year in stock and bond markets? What was historic about the year for bond returns? Could there be a silver lining for stock returns? How do markets react in the years after a down year in stocks? The range of emotions when holding a diversified portfolio Why you’ll always hate something in your portfolio Which 7 s...
How Changes to the Secure Act 2.0 Could Impact You, Ep #182
January 23, 2023 08:00 - 22 minutes - 17.7 MBThe Secure Act 2.0 was recently passed bringing in hundreds of new retirement and investment account changes. In this episode, we detail some of the most impactful changes for you. We’ll break down these changes to explore planning opportunities for your retirement planning strategies. ***** 📬 Tips each month to help you reach your Ideal Retirement. Subscribe to the Financial Symmetry newsletter and receive a free Mega-backdoor Roth guide. 📰 See the full show notes here 🎥 See a vi...
Be Sure to Check Your Financial Vital Signs in 2023
January 09, 2023 10:30 - 22 minutes - 41.9 MBThe beginning of a new year motivates many of us to make lists of things in our lives we may want to change. At the top of those lists typically are financially related items. 🎥 Watch a video of podcast recap here So today, we’re going to share our list of items we’ve seen that can have lasting impact on your financial journey. We're going to share an actionable plan with 12 tips to double-check your financial vitals that could make a major difference for you and your family in the years...
5 Timeless Takeaways from 2022, Ep #180
December 26, 2022 08:00 - 20 minutes - 16.7 MBAs we come to the end of 2022, we reflect on some of our favorite reads and podcasts that we have highlighted in our monthly newsletter. If you’d like to check out what we’ve been reading or listening to on a more regular basis, sign up for our monthly newsletter to get the information delivered straight to your inbox. ******* 📬 Actionable tips each month to help you reach your Ideal Retirement. Subscribe here are get a free copy of a Pre-Retirement Checklist ebook! 🎥 WATCH video recap...
5 Behavioral Financial Biases and How to Overcome Them, Ep #179
December 12, 2022 08:00 - 27 minutes - 21.9 MBHow often do you go back and question your retirement and investment decisions? 🎥 WATCH a video recap of the show here When thinking through your personal financial decisions, it is common to be swayed by emotions rather than rational thoughts. However, your emotions could derail your wealth-building journey. Today, we explore five of the most common behavioral financial biases and ways to combat them. If you are ready to get serious about making better financial decisions to build we...
10 Tax Planning Opportunities You Don’t Want to Miss, Ep #178
November 28, 2022 08:00 - 24 minutes - 19.8 MB📬 Tips each month to help you reach your Ideal Retirement. Subscribe to the Financial Symmetry newsletter and receive a free Mega-backdoor Roth guide. What if one of these ten tax tools could be the tax opportunity that you’ve been missing? If you are looking to increase your wealth over your lifetime, you’ll want to ensure that you have the best tax planning strategies in place for long-term success. Paying more taxes now to lower your lifetime tax rate may seem unconventional, but i...
What are the Fundamentals That Guide Your Investing Decisions in Retirement?, Ep #177
November 14, 2022 08:00 - 22 minutes - 18.3 MB📬 Tips each month to help you reach Your Ideal Retirement. Subscribe to the Financial Symmetry newsletter & receive a free guide with 5 questions to ask your financial advisor! So many conversations today are tied to the news. Hard to not find someone talking about the troubled economy, inflation, and the tumbling stock market. How should you change your investments in light of all these issues? You may be wondering if you are invested too aggressively, or you might even be considering ...
Estate Planning Tales from the Crypt, Ep #176
October 31, 2022 07:00 - 26 minutes - 21.4 MBNone of us know how long we will live, so it is important to prepare for the inevitable. Unfortunately, all that we have earned in this life won’t transfer into the next, so it is important that we have our wishes laid out appropriately. 🎥Watch the video here An estate plan is a critical component of the retirement planning journey. Estate attorney, Adam Tarsitano joins the Financial Symmetry podcast again today to discuss spooky estate planning tales from the crypt that he has seen in...
Have You Experienced This Retirement Horror Story?, Ep #175
October 17, 2022 07:00 - 21 minutes - 39.1 MBHave scary markets made you second guess your retirement plan? For those of you who are near, or already in retirement, you may feel like this year is a part of some retirement horror story. 🎥Watch the video here: https://youtu.be/bPmWBKTM-yg Which reminded us of a common retirement tale from one of Halloween’s favorite fictitious characters, Michael Myers. After 40+ years of scaring audiences, the Halloween movie franchise is coming to an end. Now that Michael has reached 65, we tho...
Should You Use a Non-Qualified Deferred-Compensation Plan for Your Retirement Savings? Ep #174
October 03, 2022 07:00 - 16 minutes - 13.3 MBHave you ever been offered a non-qualified deferred compensation plan as part of your benefits package? In this episode, you’ll learn who non-qualified deferred compensation plans were created for, what they are, the pros and cons, and their potential for helping you reduce your lifetime tax bill. Find out if this additional savings tool could be a difference maker for your retirement withdrawal strategy. ***** 📬 Tips each month to help you reach your Ideal Retirement. Subscribe to...
When Retirement Is Derailed by a Terminal Illness, Ep #173
September 19, 2022 07:00 - 25 minutes - 20.7 MBWe all have visions of our ideal retirement, and none of them include a terminal illness. However, sometimes life has other plans. Today, we discuss the top concerns that are often overlooked for those facing a terminal diagnosis. This is a difficult, yet important, subject to address. Investment strategies, tax strategies, and estate planning may not be at the forefront of your mind during this challenging time period, however, doing the legwork now will set your loved ones up for succ...
Why You Should Forget These 4 Retirement Rules of Thumb, Ep #172
September 05, 2022 07:00 - 25 minutes - 20.1 MBRetirement rules of thumb can give you a false sense of security. ▶️ Watch a short recap on Youtube Today you’ll learn why you should second guess these 4 commonly referenced retirement rules. In this episode, we'll discuss: what these rules are where they came from why they aren’t the best prescriptions for success in retirement what you should do instead of relying on these common retirement norms Our expanded pre-retirement checklist is packed with common questions asked by...
Why a Roth Conversion Could Be Right for You at Any Age, Ep #171
August 22, 2022 07:00 - 30 minutes - 24.8 MBWhat if you could take action now so that you have significantly more tax-free savings to utilize in retirement? ▶️ Watch a Short video recap On this episode of Financial Symmetry, we’ll take a look at an often misunderstood tax planning opportunity. The Roth conversion is a tool that can benefit you throughout different stages of your retirement saving journey. Today you’ll learn how to take advantage of Roth conversions during various periods of life. Listen in to learn the opportun...
Choose Your Own Retirement Adventure - The 4 Types of Retirement Journeys, Ep #170
August 08, 2022 07:00 - 23 minutes - 18.6 MBHave you ever wondered how your retirement preparations compare with others? Short video recap: https://youtu.be/mNYvWKgO3MM This is a common question that we hear as financial advisors. On this episode, we’ll take a look at data from a recent study about the 4 types of retirement journeys that people take. You’ll also hear about the risks and opportunities that stem from these 4 retirement paths. People’s circumstances, attitudes, and ambitions can greatly affect their retirement exp...
Surprising Stats about the 4 Stages of Retirement, Ep #169
July 25, 2022 07:00 - 26 minutes - 21.4 MBWhich retirement stage are you in? Spoiler alert: the stages begin before you are retired. You'll also be surprised by some of the stats we uncover as we dissect findings in the latest Age Wave study on retirement. Video Recap: https://youtu.be/8YeA6nSCenY We've had the pleasure of working with hundreds of families as they have planned and transitioned into retirement. Let’s dive in to this episode to explore how you can maximize these 4 phases of retirement through financial planning. ...
Avoiding Regret During Major Financial Decisions (like Retirement), Ep #168
July 11, 2022 07:00 - 24 minutes - 19.5 MBHow do you deal with a major financial transitions? Video recap: https://youtu.be/2tWrduVAS14 When this happens there can be many choices that you need to make. Without the right decision-making framework, navigating these choices can lead to analysis paralysis. Allison Berger joins me today to share some of what she has learned while studying for the CFT designation (Certified Financial Transitionist). The coursework for this professional title combines financial planning with cuttin...
During a Market Downturn Which One of These Investors Are You? Ep #167
June 27, 2022 07:00 - 21 minutes - 17 MBIn a bear market, it can be easy to panic and forget that investor behavior drives results more than choosing the right investments. People tend to be their own worst enemy during these trying times. That’s why it is important to learn from those that have gone before you. Video Recap: https://www.youtube.com/watch?v=VePid5UlQ1Y Your Playbook to Market Volatility: https://www.financialsymmetry.com/staying-the-course-even-during-volatile-markets/ Check out this episode to discover the ...
Tax Changes to Consider After the Death of a Spouse, Ep #166
June 13, 2022 09:00 - 22 minutes - 41.8 MBMost of us believe we’ll always have more time with our spouse, but when that time is cut short, we’re often left with too many questions and not enough answers. Video recap: https://youtu.be/2jFmLDB3Xks On today’s show, we tackle the emotionally challenging subject of losing a spouse. Between planning a funeral, notifying people, and taking calls, it’s hard to find time to grieve, much less think about the financial consequences and tax changes you have to deal with in the coming week...
Why You Need a Professionally Prepared Estate Plan, Ep #165
May 30, 2022 07:00 - 26 minutes - 20.9 MBDo you have an estate plan? Is it up to date? Was it prepared by an estate planning professional? Video link: https://youtu.be/c7XO462BOcg If you answered "no" to any of these questions, this episode is for you. On the show this week, we welcome Adam Tarsitano, an estate planning attorney in Raleigh, NC, to discuss why it is so important to have a professionally prepared estate plan in place. Listen in to hear the difference between a professional estate plan and a DIY estate pl...
Your Game Plan for Volatile Markets, Ep #164
May 16, 2022 07:00 - 27 minutes - 51.8 MBStocks are now in a bear market. Rising interest rates mean bonds are having a horrible year. Inflation reached a 40-year high. Headlines like these makes it tough to have confidence in your investment strategy. Youtube video: https://youtu.be/dNb2jmLW_OU This is why today, we are reviewing how to create a retirement plan that provides peace of mind through an investment roller coaster. If you are worried about the future of your money, our goal this week is to provide you a game plan f...