Financial Symmetry: Balancing Today with Retirement
230 episodes - English - Latest episode: about 1 month 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
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...
10 Tax Surprises to Watch Out For, Ep #163
May 02, 2022 07:00 - 29 minutes - 23.7 MBIf you recently filed your tax return you may have noticed some unexpected surprises. Video recap: https://youtu.be/G9q8k5fRNdQ Since tax planning and preparation is an important part of what we do at Financial Symmetry, we wanted to make you all aware of the top 10 tax surprises that we see in our office. Listen in to hear if you are familiar with any of these tax prep surprises. Outline of This Episode [2:58] Inheritances [6:55] Credit card reward points [7:56] Advanced child t...
What are the Best Retirement Strategies for Me? Ep #162
April 18, 2022 07:00 - 26 minutes - 21 MBDeciding to retire is just the beginning of your retirement decision-making. From tax planning to Social Security decisions, finding the best strategies for you requires regular analysis. Video recap: https://youtu.be/TleOZ8CwYXw Today’s question comes from a client who recently read an article from Rethinking 65 titled Why Trying to Quantify Roth Conversions Is Futile. After reading the article the client wanted to know if they should take advantage of Roth conversions. As we explore th...
Strategies to Retire More Confidently, Ep #161
April 04, 2022 07:00 - 25 minutes - 20.3 MBMany people that listen to retirement podcasts and read financial articles are fantastic savers. If that sounds like you, congratulations! Video recap: https://youtu.be/pUvfv1815fw You have done the hard work to accumulate plenty of assets and be on track to reach your financial retirement goals. However, after a lifetime of accumulation, you may discover that you have a hard time letting go of your assets. I recently came across an article in Barron’s magazine called Retirees Aren’t S...
Retirement Trends You Should Know About, Ep #160
March 21, 2022 07:00 - 29 minutes - 23.8 MBFinancial planning is a powerful tool that can help you not only anticipate risks and opportunities but also help you envision your future to ensure that you can retire the way you want to retire. Video recap: https://youtu.be/hKJRvl-_RlM As Howard Marks says, “You can’t predict but you can prepare.” As you prepare for retirement it is helpful to stay up to date with the latest retirement trends. This is why we're excited to share our takeaways from the JP Morgan Guide to Retirement wi...
Retirement Considerations for Women, Ep #159
March 07, 2022 08:00 - 16 minutes - 13.1 MBIn honor of International Women’s Day on March 8, we're discussing retirement considerations for women that can help them #BreakTheBias surrounding women and money. Video recap: https://youtu.be/4FjSIJw8a6A Listen in to discover how you can accelerate women’s equality by overcoming or breaking through these biases. Bias #1 - Women are afraid of investing This first bias is simply untrue. Actually, women are more likely to take calculated risks than men. Women are also more likely to ...
Breaking Biases Surrounding Women and Money, Ep #159
March 07, 2022 08:00 - 16 minutes - 13.1 MBIn honor of International Women’s Day on March 8, we bring you a special episode of Financial Symmetry. The theme of International Women’s Day this year is #BreakTheBias which is fitting since we find that there are plenty of biases surrounding women and money. On this episode, Grace Kvantas, Haley Modlin, and Darian Billingsley join me, Allison Berger, to explore several of these financial biases. You’ll learn how you can break them or how they are simply not true. Listen in to discover ...
Don't Fall Victim to This In Retirement, Ep #158
February 28, 2022 08:00 - 22 minutes - 18.2 MBFrom data breaches to text messages, emails, and phone calls, scammers are always looking for new ways to commit fraud. Video recap: https://youtu.be/_PwxMMqnjNk Fraud can devastate retirement plans, so it is important to stay one step ahead of scammers and keep your guard up to protect yourself and your retirement. On this episode, we discuss types of scams to be on the lookout for and how you can protect yourself from the conmen that are constantly devising new ways to ruin people’s...
How to Deal with Concentrated Stocks in Your Portfolio, Ep #157
February 14, 2022 08:00 - 23 minutes - 19.2 MBDo you have concentrated stocks in your portfolio? Video recap: https://youtu.be/g5oDev7Ns84 You may have inherited stocks from a loved one or maybe you receive stock options as part of your pay structure or a compensation package. Whatever the reason you have concentrated stocks, if you own more than you think you should of one company, it is important to understand what you could do with it. You may be surprised to hear all of the options that you have available, so listen in to hear w...
4 Tips to Help You Prepare for Tax Season, Ep #156
January 31, 2022 08:00 - 18 minutes - 15 MBTis the season to prepare your taxes! Video recap: https://youtu.be/mWYWaKeP6-o Whether you do your own taxes or you are gathering information for your tax preparer, you’ll want to make sure that you don’t miss a thing. Listen to this episode to ensure that you think about everything you need to do to prepare this year’s tax documents. Don’t miss the obvious As you start your tax preparation journey by gathering documents and ensuring that you have everything in order, you may end up...
How Your Money Memories Can Impact Your Retirement Decisions, Ep #155
January 17, 2022 08:00 - 24 minutes - 19.4 MBThe biggest financial threat to your wealth is not the market; it is your brain. Video clip with Money Egg example: https://youtu.be/PJ4Zryp2w8Y Human behavior surrounding money varies greatly and can be fascinating to study. Allison Berger has been studying financial behavior in more detail over the past year in the Certified Financial Transitionist coursework. On this episode of Financial Symmetry, we delve deeper into the common money scripts that drive financial behavior. Our conve...
Starting the New Year Off on the Right Financial Foot: 5 Questions to Ask a Financial Advisor, Ep #154
January 03, 2022 08:00 - 17 minutes - 14.3 MBAt the start of every year, people are more motivated to get off on the right financial foot. This might mean contacting a financial advisor for the first time. Video recap: https://www.youtube.com/watch?v=hEB2z530-Zc So we put together a list of 5 questions we hear from those looking to hire a financial advisor. If you are considering working with a financial advisor this year, you may want to use these questions to help you understand how the financial advising process works so that ...
Lessons from the Top 10 Economic Stories of 2021, Ep #153
December 20, 2021 08:00 - 18 minutes - 15 MB2021 has been a wild ride! But like with any roller coaster, we've learned that the most important thing to do is to stay in your seat so that you don't get hurt. Video recap: https://youtu.be/4fuYYZNDALQ On this episode, we recap our views on the top 10 economic stories from 2021 and the lessons they hold going forward. 1. Social Security to increase COLA at highest rate since 1981 Written by: Allison Berger Social Security remains a critical component of retirement income for mo...
Should You Worry About Inflation? Ep #152
December 06, 2021 08:00 - 22 minutes - 18 MBEveryone is talking about inflation. You can’t open a newspaper, look at your phone, or go to a barbecue without hearing about it. With all this talk, it can be easy to worry about your financial future. Video recap: https://youtu.be/iZoqhqEVR1I On this episode of Financial Symmetry, we’ll explore the causes of inflation, historical inflation, and what you can do to hedge against this silent enemy. Press play to educate yourself and ease your worries. Why does inflation occur? Inflat...
Year-End Tax Strategies to Consider Now, Ep #151
November 22, 2021 08:00 - 31 minutes - 25.1 MBThe end of the year is a great time to start tax planning for next year. Video example: https://youtu.be/lzghkK2iP3Q This week we are discussing the strategies you can utilize to enhance your tax situation before year-end. You’ll learn which tools you can use and how the actions you take in one area of your financial life can flow into other areas. Are you maximizing your retirement account contributions? When considering your pre-tax retirement account contributions there are a...
5 Investing Superpowers You Can Harness Today, Ep #150
November 09, 2021 17:00 - 17 minutes - 13.9 MBWelcome to this bonus episode of Financial Symmetry with Allison Berger and Grace Kvantas. Grace and I bring you this episode as a special preview to the upcoming Women: A Force in Business Conference in Raleigh, North Carolina. This episode and our presentation are targeted toward women professionals looking to build their retirement nest egg. Our goal is to help women achieve success and financial wealth. So if you are a woman or if you love a woman, listen in to hear how women can achie...
Getting Spooked by All-Time Highs in the Stock Market? Ep #149
November 01, 2021 09:00 - 20 minutes - 38.5 MBAnxiety-inducing headlines, all-time stock market highs and an economy still recovering from a pandemic, have left many people hesitant to invest their cash savings. Video recap: https://youtu.be/YuytDPFD0wQ None of us can make uncertainty disappear, but considering potential outcomes and evidence can make a huge difference in the returns you receive over your investing lifetime. This week we are discussing strategies for how to fight the fear that comes when markets are near all-time ...
Developing a Retirement Withdrawal Strategy, Ep #148
October 18, 2021 07:00 - 24 minutes - 19.6 MBThe decumulation stage of retirement is different from all those years you spent accumulating your retirement savings. Video Recap: https://youtu.be/UyvHGltT1Z0 This is why you need to have a retirement plan in place to help guide you through this transition. Unfortunately, the same plan won’t work for everyone which is why it is important to understand what type of strategy would work best for you. On this episode of Financial Symmetry, Allison Berger and I will check out the risks a...
How the American Families Plan Could Impact You and Your Taxes, Ep #147
October 04, 2021 07:00 - 28 minutes - 22.8 MBThe American Families Plan hasn’t yet become law, but that doesn’t mean that you can’t prepare for the changes that may be coming. Video recap: https://youtu.be/DFVgJZPwEIc In this episode we consider the planning opportunities that could arise with the changes in tax legislation. Our goal is to ensure that you have all the tools in your toolbox so that you can minimize your tax burden. Who will most be affected by the tax law changes? The current tax law comes from the Trump admin...
Financial Milestones that Create Opportunities, Ep #146
September 20, 2021 07:00 - 19 minutes - 15.7 MBWe all have those milestones in life that we enjoy reflecting on or looking forward to. Graduations, weddings, and births of children are a few that stick out. Video recap: https://youtu.be/llO9d9DIKs4 However, there are financial milestones that are also important to remember. While maybe not as memorable, they can be just as valuable. The most important times (financially) in a child’s life Birth - As soon as your child is born you can start contributing to their financial future. O...
Financial Milestones to Remember, Ep #146
September 20, 2021 07:00 - 19 minutes - 15.7 MBWe all have those milestones in life that we enjoy reflecting on or looking forward to. Graduations, weddings, and births of children are a few that stick out. Video recap: https://youtu.be/llO9d9DIKs4 However, there are financial milestones that are also important to remember. While maybe not as memorable, they can be just as valuable. The most important times (financially) in a child’s life Birth - As soon as your child is born you can start contributing to their financial future. O...
Financial Planning Strategies for Grandparents, Ep #145
September 06, 2021 09:00 - 17 minutes - 13.6 MBWith Grandparents day around the corner, we're breaking down helpful financial planning strategies for grandparents. Many grandparents have dreams of sharing the fruits of their labor with their families. However, sharing your wealth effectively takes careful planning. YouTube recap here: https://youtu.be/eGYLeS_8hNw Listen to this episode to hear the best ways to plan effectively for your kids and grandkids. Vacationing Confidently Grandparents love spoiling the grandkids. One of t...
The Retirement Secret Weapon: Mega Backdoor Roth 401k, Ep 144
August 23, 2021 08:30 - 25 minutes - 11.1 MBThe Mega Backdoor Roth IRA could be the secret weapon you have yet to use in your retirement saving strategy. If you consider yourself a super saver, looking for alternative ways to save tax efficiently, this could be a great option. This strategy is of most interest to those maxing out all other tax-efficient savings accounts. Including standard employee 401k contributions, Roth IRA, 529, and HSA. In this episode, you'll see why we call this the secret weapon for super savers, as we break...
3 Key Areas to Analyze for your Stock Options, Ep #143
August 09, 2021 13:09 - 22 minutes - 30.5 MBStock options can be one of the most lucrative benefits of your job, but they can also be a tax land mine. Video recap: https://youtu.be/qBovTreFv7E Our resident tax professional, Will Holt, joins us this week to help you build a framework to consider your company’s stock options. You’ll learn 3 key strategies you can use to make better decisions for managing your stock option holdings. Including: Managing the risks and benefits around taxation for 2 types of stock options Handling ...
The Summer Sprint - Financial Tasks to Complete Before Fall, Ep # 142
July 26, 2021 09:00 - 19 minutes - 8.2 MBCompared to 2020, the summer of 2021 has been exciting for most people. Many parts of the country are getting back to normal and there is plenty of fun to be had. Video recap: https://youtu.be/aCuc4zsi3SE But with that fun can come extra spending. Now that we are halfway through the year, this is a fantastic time to check in with your finances. This week, we let Chad and Mike have time off to enjoy their summer fun, so Grayson Blazek joins me to discuss 10 financial tasks for you to c...
To Buy or Not to Buy in a Hot Housing Market, Ep #141
July 12, 2021 10:00 - 20 minutes - 16.5 MBWith the turbocharged real estate market, buying a house is not as easy as it once was. We’ve all heard stories of houses getting multiple offers even before they are listed or homes selling well over the asking price. Stories like these have many people thinking about moving. Short Video recap: https://youtu.be/0GKbITjE9hg On this episode of Financial Symmetry, we explore whether or not it is worth the effort to buy a home in a seller’s housing market. You’ll learn the reasons why the ...
Choosing the Right Investment Vehicle to Save for Retirement, Ep #140
June 28, 2021 09:00 - 22 minutes - 17.9 MBAre you a super saver? If so, you may feel like you are doing a lot of the right things to save for retirement, but you are not sure where to go next. Check out our Youtube channel for a short video recap: https://www.youtube.com/channel/UCw9vXJ3JyO-pHEcQ1p9O-Lw In this episode of Financial Symmetry, we explore the different ways to save for retirement outside of your 401K. You’ll learn what each type of account is used for, how you should save in each one, when is the best time to save,...
Investing for Inflation, ep #139
June 14, 2021 09:00 - 31 minutes - 15.2 MBRecent headlines have people thinking more about investing for inflation. Video Recap: https://youtu.be/50PlOwAM4OM It's the most recent economic worry, but there's always something to scare or concern investors. Think about the last 16 months. We've had: COVID Crash 2020 Election Reddit/Robinhood/Gamestop Crypto Volatility Now it's inflation. But it's a good reminder that listening to the media can be expensive. In this week's episode, we are breaking down how to think about a...
Demystifying What the Biden Tax Plan Could Mean for You, Ep #138
May 31, 2021 13:13 - 30 minutes - 24.2 MBYou may have heard a lot on the news about President Biden’s tax plan. Are you worried about how it will affect you and your tax situation? In this episode of Financial Symmetry, Grayson Blazek helps to demystify Biden’s tax proposal. You’ll learn how you may be affected and whether or not you should be worried. Don’t wait until April 15 to start your tax planning! Press play to learn what you can expect next year. Short Video Recap: https://youtu.be/wFzuPLnT9qc When does the new tax law...
The Rush to Retire Blueprint, Ep #137
May 17, 2021 09:00 - 28 minutes - 22.7 MBA recent survey discovered that millions of Americans 55 or older are in a rush to retire. The pandemic has many contemplating retiring years earlier than originally imagined after adopting a "life is short" mentality. Video recap: https://youtu.be/q5r5ZiVw7d4 But before you rush into a decision to retire early you’ll want to consider it carefully. We've listed 6 steps below to analyze if you are ready to retire. Why retire early? Since the pandemic has made us all consider how we a...
3 Not-So-Obvious Retirement Roadblocks, Ep #136
May 03, 2021 09:00 - 24 minutes - 19.3 MBHave you ever been on your way to an epic summer road trip and then all of a sudden you come upon a roadblock? That can ruin the excitement you feel for the upcoming trip. This can happen in retirement as well. In retirement, you may confront roadblocks on your journey and if you don’t know how to maneuver around them it can leave you feeling stuck. On this episode of Financial Symmetry, Allison Berger joins me to discuss 3 not so obvious retirement roadblocks that you may encounter along...
Our 3 Step Investing Process, Ep #135
April 19, 2021 09:00 - 25 minutes - 20.1 MBWhat are you investing for? Many say higher or better returns--but higher or better than what? What do those higher returns make possible for you? Video recap: https://www.youtube.com/watch?v=tKC2ulw3cz8 To have a successful investment experience you need to have a plan in place. Mike Eklund joins me once again on this episode of Financial Symmetry to discuss our 3 step investing process. This process creates the guideposts for all Financial Symmetry clients. Listen in to learn why fail...
What to Expect from a Financial Advisor - The 5 C’s, Ep #134
April 05, 2021 09:00 - 26 minutes - 21.6 MBHave you been on the fence about hiring a financial advisor? This indecisiveness can cost you. This episode will help you decide whether hiring a financial advisor is right for you. You’ll learn the 5 C’s that you can expect when hiring a financial advisor. Press play to find out what you should expect from your financial advisor. Video Recap: https://youtu.be/zuTdjdDkqUI 4 reasons you may be looking for a financial advisor Have you been considering hiring a financial advisor? If so, t...
5 Tax Planning Opportunities in the American Rescue Plan, Ep #133
March 22, 2021 09:00 - 34 minutes - 27.3 MBThe American Rescue Plan was recently passed, but do you know all the changes it will bring? You probably already know about the stimulus checks, but you may not know how it could affect your taxes and healthcare. This latest economic stimulus package could mean big things for your tax planning. Video recap here: https://youtu.be/Vq8Y2CFYS6E Since the American Rescue Plan has a heavy tax focus, I invited tax planning extraordinaire, Grayson Blazek, to brief us all on the risks and oppor...
How a Financial Advisor Invests Their Money - Cameron Hendricks, Ep #132
March 08, 2021 10:00 - 33 minutes - 26.7 MBIt’s always fun to peek behind the curtain and see the strategies and process people use for their decision making. Video recap: https://youtu.be/DDp2dBUhrSg During this conversation, we review some of my core beliefs around: importance of tradeoffs - how every financial decision affects others being intentional in being a good steward Defining the balance between enjoying today while saving for tomorrow Structuring your money management around the give, grow, owe and live philoso...
Hidden Financial Mistakes and How to Spot Them, Ep #131
February 22, 2021 10:00 - 24 minutes - 19.4 MBHave you wondered if there are any financial mistakes that you may have been making? Video recap here: https://youtu.be/9fsWlp56R2U Sometimes our financial mistakes aren’t obvious, so in this episode of Financial Symmetry, we discuss 3 hidden financial mistakes that you may be making and how you can spot them. Uncertain outcomes cannot be predicted Are you guilty of believing an uncertain outcome is certain? Sometimes we feel confident that things are going to happen. This can be tr...
During Stock Market Manias, Ask These 3 Questions, Ep #130
February 08, 2021 10:00 - 20 minutes - 16.4 MBStock market manias have an uncanny way of capturing our attention. Short video recap: https://youtu.be/wr04xy1pDnU Not only do they dominate weekly headlines, but create visions of what could be. The most recent example is the rapid rise of meme stocks, including Gamestop, AMC and Blackberry among others. In this episode, we’ll explore what happened with this most recent mania, and describe the why behind how we can become enamored with this type of approach. We'll then offer three qu...
Wealth Building by the Decades: One Thing You Can Do to Ensure Financial Success, Ep. #129
January 25, 2021 10:00 - 27 minutes - 22.4 MBWhat is the most important thing you can do for building wealth? Video recap: https://youtu.be/OVSKtk6TzB0 Recently, Jeff Levine (@CPAPlanner) put this question out into the Twitterverse: Other than saving and investing, what is the one single most important factor to financial success? Too often when dealing with financial decisions, we try to overcomplicate what is best for us. We liked the simplicity of a single thing to focus on, so this week we are breaking down our version of the...
Top Investment Lessons Learned from 2020, Ep #128
January 11, 2021 10:00 - 26 minutes - 21.3 MBFrom a historically quick bear market decline to a speedy rebound, 2020 certainly took us on a wild ride. But there is a lot we can learn from this crazy year. Short video recap: https://youtu.be/fUfGwGk-gEY In this episode, we are reflecting on the investment lessons we learned over the past year. What were the lessons you took away in 2020? Listen in to hear if there are any other lessons you can learn from the year. Optimists make better investments than pessimists Historically, t...
12 Actionable Steps to Improve Your Financial Outlook in the New Year, Ep #127
December 28, 2020 10:00 - 28 minutes - 22.6 MBAs we come upon a new year it is a good time to reflect on your finances and set goals. Video Recap: https://youtu.be/yKdGYEjhTB0 In this episode, we discuss 12 steps you can take action on to improve your financial outlook. If you’re looking to get off on the right foot in 2021, print out this checklist and run through it to find improvements you can make now. 12 easy steps you can take to improve your finances Record your financial goals and positive habits. Writing things down is ...
How a Financial Advisor Invests Their Money - Mike Eklund, Ep #126
December 14, 2020 10:00 - 36 minutes - 29.1 MBMotivated by the new book, How I Invest My Money, I (Mike Eklund) wanted to communicate how I manage my own money. In our recent podcast, we discuss my approach with investments, savings, spending, debt, insurance, and what the money is for (goals). We also review some of my core beliefs which include: Spend less then you earn Automate savings, investing, and anything else that you can Invest the majority of portfolio in growth assets (stocks) Spend money on experiences, relationshi...
Are Value Stocks Dead? Ep #125
November 30, 2020 10:00 - 20 minutes - 16.6 MBGrowth stocks have been on a tear over the past several years. However, traditionally value stocks have been the big performers in the long-term. But with the rapid rise in growth over the last 10 years, are value stocks still worth it? Video recap: https://youtu.be/qthoQhw9IxA Today we explore the question: can value stocks still outperform in today’s environment? We’ll look at the data, provide you with the information, and then lay out action steps that you can take to act on what you...
Should You Take an Early Retirement Package?, Ep #124
November 16, 2020 10:00 - 20 minutes - 16.4 MBHave you been offered an early retirement package? Video recap: https://youtu.be/jpIfdhYVx6Y Early retirement packages are on the rise. Companies are often looking for ways to cut costs and one way to do that is to give highly compensated employees an incentive to ease into retirement. Usually, these packages offer a one-time payment and sometimes they come with a period of additional healthcare coverage. If you are offered an early retirement package many questions will arise. Is thi...
If Only I Had Bought Zoom When it IPO’d in 2019, Ep #123
November 02, 2020 10:00 - 25 minutes - 20.7 MBWhile the FAANG stocks have been the most obvious enviable stock positions over the past decade, there are always success stories readily available to raise feelings of doubt and FOMO in even the most disciplined long-term investors. Video recap: https://youtu.be/FN4xHoe8mHE For example, investors who purchased $100,000 of Zoom stock at its IPO price of $36/share in April of 2019 would have earned a cumulative rate of return of about 590% and built a nest egg of ~$650k. Zoom is one of ...
Leaving and Receiving an Inheritance by the Decades, Ep #122
October 19, 2020 09:00 - 29 minutes - 23.3 MBEstate planning is one of the most overlooked and procrastinated upon areas of financial planning. Video recap: https://youtu.be/NB2S1FWWH2s While your legacy is important, it doesn’t generally take the front seat of your thoughts or your financial plan. There’s more to legacy planning than just having a will, but how much more depends on which stage of life you’re in. Find out what you should be doing to plan your legacy whether you’re in your 30s, 40s, 50s, or 60s by listening to this ...
The Impact of COVID-19 on Women’s Financial Lives, Ep #121
October 05, 2020 09:00 - 24 minutes - 19.9 MBWe know the COVID-19 global pandemic has affected everyone in unique ways. Today we want to discuss how this health crisis has affected women, specifically financially. Video recap: https://youtu.be/beT8B1DSKZY As working mothers, we have felt the impact of these daily changes acutely. According to Goldman Sachs “single parents, parents with young children and parents who can’t work from home are the groups most at risk to stop working entirely because they have no child care.” Pre-pan...