Phil's Tax Hacks
237 episodes - English - Latest episode: 4 days ago - ★★★★★ - 4 ratingsFinancial, tax and retirement planning guidance from Phil Putney. Each week Phil will talk about the keys to building a sound financial strategy that can survive throughout the ups and downs of the market. We'll have plenty of tax hacks along the way and other retirement facts!
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Episodes
The Rise of Retiree Healthcare Costs
April 26, 2024 13:44 - 14 minutes - 26.9 MBThe future of retiree health care costs is on the rise. In fact, the Employee Benefit Research Institute released numbers for 2023 showing an 8% increase in retiree healthcare costs for the year. Stay tuned as Phil and Marc unpack these latest figures, which suggest that a typical U.S. couple may need upwards of $413,000 to cover their healthcare expenses in retirement. Here’s some of what we discuss in this episode: 0:00 – Intro 1:20 – The 8% increase in healthcare costs in the U.S. ...
Steering Clear of Retirement Stress
April 18, 2024 09:00 - 15 minutes - 28.7 MBRetirement is often painted as a serene, stress-free period of life where the worries of the working world fade away. However, psychologists have determined that retirement is one of the most stressful events that some people will experience in life. In this episode, we’ll look at the ways to proactively deal with the stress surrounding the retirement process. Here’s some of what we discuss in this episode: 0:00 – Intro 1:02 – The major lifestyle changes that come with retirement 3:34...
Is Retiring at 65 Crazy?
April 11, 2024 09:00 - 16 minutes - 30.6 MBIs retiring at 65 crazy? One billionaire thinks so. In this episode, Phil and Marc unpack a recent Yahoo Finance article where BlackRock CEO Larry Fink challenges the conventional notion of retiring at 65 and encourages investors to consider delaying retirement. Here’s some of what we discuss in this episode: 0:00 – Intro 1:46 – The current state of Social Security 5:02 – The shift to self-funded retirement plans 7:44 – Early retirement planning and saving 10:37 – Increased life exp...
Tax Mistakes to AVOID in 2024 (Part 2)
April 04, 2024 09:00 - 14 minutes - 26.9 MBIt’s that time of year! With tax season right around the corner, it’s the perfect time to dive into some tax tips on the podcast. Tune into this two-part series where we dive into a fidelity article titled “8 Tax Pitfalls to Avoid,” and get Phil’s thoughts as a CPA. Here’s some of what we discuss in this episode: 0:00 – Intro 1:15 – Waiting too long to strategize 4:08 – Engaging in wash sales 8:15 – Not taking advantage of tax breaks 9:45 – Forgetting deadlines Fidelity Article:...
Tax Mistakes to AVOID in 2024 (Part 1)
March 28, 2024 09:00 - 13 minutes - 25.6 MBIt’s that time of year! With tax season right around the corner, it’s the perfect time to dive into some tax tips on the podcast. Tune into this two-part series where we dive into a fidelity article titled “8 Tax Pitfalls to Avoid,” and get Phil’s thoughts as a CPA. Here’s some of what we discuss in this episode: 0:00 – Intro 1:43 – Missing investment income 3:30 – Selling too soon 5:33 – Poor record-keeping 7:56 – Forgetting losses Fidelity Article: https://www.fidelity.com/le...
Finance Fortress: Practical Strategies for Retirees Against Scams & Fraud
March 21, 2024 09:00 - 23 minutes - 42.4 MBJust like any other threat, learning to recognize and avoid scams has become crucial for today's retirees. Join us as we discuss essential steps you can take to protect yourself against the increasing prevalence of scams and identity theft. Phil will offer real-life stories and practical advice to help you keep your finances safe in today’s digital age. Here’s some of what we discuss in this episode: 1:35 – Real stories of financial scams 5:43 – Phishing, vishing, and smishing 8:20 – ...
Understanding Annuities: The Good, Bad & Ugly
March 14, 2024 09:00 - 21 minutes - 39 MBYou’ve probably heard some mixed opinions on annuities in your lifetime. But before you get swayed one way or another, it’s important to understand what exactly an annuity is and how they work. Listen in as Phil breaks down the difference between immediate and deferred annuities and offers insights into their benefits and drawbacks. Here’s some of what we discuss in this episode: 1:08 – What is an annuity? 10:04 – When might an annuity be appropriate? 13:20 – The misunderstood feature...
The Retiree Dilemma: To Sell Or To Rent?
March 07, 2024 10:00 - 16 minutes - 22.8 MBMany retirees find themselves at a crossroads when deciding what to do with their existing property as they move into their dream home. Would it be best to sell, or should you consider becoming a landlord? Drawing from personal experiences and real client scenarios, Phil and Marc will explore the pros and cons of turning a home into a rental property in this episode. Here’s some of what we discuss in this episode: 1:50 – Pros and cons of renting out a property in retirement 4:39 – Mana...
Retirement Planning Fear, Procrastination, and Indecision
February 29, 2024 10:00 - 11 minutes - 15.9 MBNavigating financial decisions, especially as retirement approaches, can be a challenging terrain for many investors. Whether it's the anxiety around making the right choices or grappling with an overload of information, it can be tempting to push off important retirement planning conversations. It's a familiar scenario – putting things off to "next week," only to find that "next week" turns into a long period of indecision. Here’s some of what we discuss in this episode: 1:31 – Struggl...
Retirement Planning Is Harder Than It Used To Be (Part 2)
February 22, 2024 10:00 - 23 minutes - 33 MBEvery generation likes to talk about how much harder things used to be when they were kids. Like all of the people who used to have to walk five miles to school, in the snow, uphill both ways. But they had at least one thing that was EASIER…and that was retirement planning. Here’s some of what we discuss in part 2: 1:25 – Lower healthcare costs 5:31 – Fewer sandwich generation challenges 7:36 – Shorter life expectancies 9:41 – More contributors to Social Security 17:48 – Easier to a...
Retirement Planning Is Harder Than It Used To Be (Part 1)
February 15, 2024 10:00 - 21 minutes - 29 MBEvery generation likes to talk about how much harder things used to be when they were kids. Like all of the people who used to have to walk five miles to school, in the snow, uphill both ways. But they had at least one thing that was EASIER…and that was retirement planning. Here’s some of what we discuss in this episode: 2:03 – Job Stability & Company Loyalty 4:33 – Less Reliance on Personal Savings 9:55 – Housing Market Stability 12:08 – Simpler Investment Landscape 15:34 – Higher ...
Mailbag: Adjusting to Retirement, Company Stock & More
February 08, 2024 10:00 - 19 minutes - 27 MBIn today’s show, we’re going to answer some email questions from listeners just like you. These questions cover a range of topics from investing to retirement planning, and Phil is here to provide some expert insights. Remember, while we offer general advice on the show, it's always best to consult with a financial professional to tailor solutions to your unique situation. Stay tuned as we explore common financial dilemmas and uncover some general strategies to navigate them effectively! ...
Will The Economy Boom Or Bust In 2024?
February 01, 2024 10:00 - 20 minutes - 28.7 MBEveryone wants to know. Will the economy boom or bust in 2024? Join us as we explore a range of expert predictions, from the shifting trends in housing prices to the looming question of a potential recession or stock market crash. Here’s some of what we discuss in this episode: 2:18 – Housing market in 2024 6:56 – Recession in 2024 12:50 – Stock market in 2024 Housing Prices Articles: https://www.newsweek.com/will-housing-market-crash-2024-realtors-share-predictions-1851540 http...
Are Your Good Money Habits Holding You Back? (Part 2)
January 25, 2024 10:00 - 22 minutes - 31.5 MBThis episode might be a bit counterintuitive. We’re going to question the real impact of common financial habits. Are the strategies you consider beneficial working in your favor? We explore the pros and cons of practices like paying off debt early and keeping up with the financial news. Are your good money habits holding you back? Here’s some of what we discuss in this episode: 2:04 – Paying off debt early 8:41 – Keeping up with financial news 11:26 – Global diversification 12:58 ...
Are Your Good Money Habits Holding You Back? (Part 1)
January 18, 2024 10:00 - 23 minutes - 32.8 MBThis two-part conversation might be a bit counterintuitive. We’re going to question the real impact of common financial habits. Are the strategies you consider beneficial actually working in your favor? Here’s some of what we discuss in this episode: 1:49 – Ignoring account statements 5:14 – Keeping a strict budget 11:17 – Investing in familiar stocks 14:42 – Embracing automation 18:05 – Patience getting into the stock market For more, visit us online: http://philstaxhacks.com ...
The U.S. Retirement System On The Global Stage
January 11, 2024 10:00 - 28 minutes - 39 MBIn today's episode, we'll be looking at the eye-opening findings of the 2023 Mercer CFA Institute Global Pension Index, which has ranked the Netherlands as the world's leader in retirement systems. Where does the U.S. stand? 22nd among the 47 countries that were ranked. Why so low? Join us as we analyze some of the intricacies of the U.S. retirement system, breaking down its strengths and weaknesses through the discerning lens of a seasoned financial advisor. Here’s some of what we disc...
With Higher Interest Rates, Is “Lazy Money” Still A Concern In 2024?
January 04, 2024 10:00 - 24 minutes - 34.3 MBIs 'Lazy Money' still a concern in 2024's higher interest rate landscape? In this episode, we explore this question, examining how the recent rise in interest rates affects the money sitting in savings accounts, CDs, and conservative investments. Here’s some of what we discuss in this episode: 6:07 – What is lazy money? 7:42 – Finding the right amount for your emergency fund 10:42 – An advisor’s role with lazy money 17:10 – Having a long-term perspective For more, visit us online...
Santa’s Naughty or Nice Investment Guide
December 21, 2023 10:00 - 22 minutes - 30.8 MBIn this festive episode, we’ll sift through a sleigh-full of financial products and strategies to find out which ones deserve a spot in your financial stocking this year, and which ones are the proverbial lumps of coal. This will be an educational episode for all investors, whether you’ve been financially naughty or nice this year... Here’s some of what we discuss in this episode: 2:11 – Fiduciary advisor 5:46 – Variable annuity 8:37 – Crypto 10:49 – HSA 12:05 – Indexed Annuity 13:...
Questions You Must Ask Your Financial Advisor
December 14, 2023 10:00 - 23 minutes - 33 MBHave you ever wondered what questions to ask your financial advisor, or why those questions are crucial? In today’s episode, we’re tackling exactly that. We're discussing the vital questions that bring transparency and depth to your financial advisory relationship. It's about getting clarity on how advisors work, what they specialize in, and how they align with your financial goals. These are the questions you MUST ask your financial advisor. Here’s some of what we discuss in this episo...
Strategic Planning for Retiree Healthcare
December 07, 2023 10:00 - 24 minutes - 33.5 MBIn today's episode, we're focusing on a critical aspect of retirement planning: healthcare costs. How well-prepared are you to handle medical expenses after you retire? Join Phil and Marc as they discuss the common pitfalls pre-retirees face when it comes to healthcare preparedness and offer insights into how to navigate the evolving landscape of healthcare options. Here’s some of what we discuss in this episode: 1:44 – Gaps in planning 4:51 – Prescriptions 6:59 – Long-term care servi...
Patience Pays: The Power of Delayed Gratification
November 30, 2023 10:00 - 21 minutes - 30.4 MBSometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards… Here’s some of what we discuss in this episode: 2:32 – Passing up a 401k match 5:32 – Saving only in tax-deferred accounts 8:05 – Depleting emergency fund 10:37 – Cashing out retirement plan 13:24 – Delaying hom...
Financial Tweaks That Matter: Small Steps, Big Impact (Part 2)
November 21, 2023 10:00 - 22 minutes - 31.3 MBEver thought that minor tweaks in your financial plan could lead to major wins? Join us as we jump back into our conversation on the powerful world of simple financial adjustments. Stay tuned as we unpack some seemingly small steps that can bring about big, positive ripples in your financial life. If you missed part 1, you can check it out here! Here’s some of what we discuss in this episode: 1:28 – Tax efficiency of investments 6:15 – Checking beneficiary designations 10:05 – Rebalan...
Financial Tweaks That Matter: Small Steps, Big Impact (Part 1)
November 16, 2023 10:00 - 20 minutes - 28.3 MBEver thought that minor tweaks in your financial plan could lead to major wins? Join us in this episode as we unravel the surprisingly powerful world of simple financial adjustments. Stay tuned as we unpack some seemingly small steps that can bring about big, positive ripples in your financial life. Here’s some of what we discuss in this episode: 1:41 – The right amount in cash 6:32 – Old life insurance policies 9:55 – Consolidate old 401Ks 13:06 – Reconsider managed accounts 14:40 ...
How To Successfully Climb The Retirement Mountain
November 09, 2023 10:00 - 21 minutes - 30.4 MBReady for an adventure? Think of retirement planning as climbing a mountain. It's not just about the climb up; it's about preparing wisely, tackling the ups and downs, and even planning your way back down. Here’s some of what we discuss in this episode: 3:23 – Preparing for the climb 6:18 – The ascent 8:18 – Base camps 9:51 – Changing weather 11:22 – The summit 16:43 – Descending safely For more, visit us online: http://philstaxhacks.com Watch the video podcast on YouTube: Phi...
End of Year Financial Planning For 2023
November 02, 2023 09:00 - 27 minutes - 37.7 MBAs the year winds down, it's crucial to ensure your financial house is in order. Join us for a thoughtful episode where we unpack our 2023 edition of key year-end planning strategies for those nearing or embracing their retirement years. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come. Here’s some of what we discuss in this episode: 1:44 – General planning + investment strategies...
Money Mistake You’ll Regret And How To Avoid Them
October 26, 2023 09:00 - 20 minutes - 28.8 MB“Learn from the mistakes of others. You can’t live long enough to make them all yourself.” – Eleanor Roosevelt... Ever wish you could foresee financial missteps before they happen? In today’s episode, we’ll explore some real-life stories of regret and arm you with the essential dos and don'ts to ensure your money works for you, not against you. Here’s some of what we discuss in this episode: 1:38 –Premature IRA withdrawals 4:41 – Lifestyle creep 7:42 – Sending too much on your childre...
Understanding Continuing Care Retirement Communities (CCRCS)
October 19, 2023 09:00 - 24 minutes - 34 MBAs Baby Boomers and those on the cusp of retirement search for their next chapter, Continuing Care Retirement Communities (CCRCs) or Life Plan Communities emerge as a noteworthy option. In this episode, Phil sheds light on the key aspects you should consider when determining whether these communities are a suitable choice for your retirement. Here’s some of what we discuss in this episode: 1:40 – Some background on CCRCs 5:28 – Questions to ask when considering a CCRC 11:31 – Personal...
Retirement Planning’s “Hidden” Questions
October 12, 2023 09:00 - 20 minutes - 29 MBThe retirement planning world is filled with plenty of advice and suggestions, but there are critical questions lurking in the shadows – the unasked, the overlooked. These are the questions that can help define the comfort and security of your retirement future. In this episode, we unearth and tackle these hidden, but essential questions about retirement. Here’s some of what we discuss in this episode: 1:46 – How much are my tax-deferred savings going to cost? 5:21 – How much can I wit...
Retirement Planning for High-Net-Worth Individuals
October 05, 2023 09:00 - 19 minutes - 27.4 MBIn today's episode, we're taking a close look at high-net-worth individuals - those who have accumulated significant wealth and face unique challenges and opportunities when planning for retirement. Unlike the average person, their financial considerations go beyond the basics. We'll explore the distinct strategies and factors that come into play when securing a comfortable and prosperous retirement. Here’s some of what we discuss in this episode: 2:57 – Planning complexities for high-n...
The Universal Truths in Retirement Planning (Part 2)
September 28, 2023 09:00 - 23 minutes - 32.1 MBRetirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? Dive deep in this two-part series, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. In part one, we covered income planning, long term care, investing, longevity and inflation. Today we’ll round out our 10 unive...
The Universal Truths in Retirement Planning (Part 1)
September 21, 2023 09:00 - 20 minutes - 28.6 MBRetirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? Dive deep in this two-part series, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. Each of the things we discuss on these two episodes should be accounted for in your plan. The way you approach it might be diffe...
Navigating Finances After Losing a Spouse: Strategies & Mistakes to Avoid
September 14, 2023 09:01 - 20 minutes - 27.8 MBLosing a spouse is an unimaginably tough life event, but the financial implications can add another layer of stress to the grieving process. In this episode, we delve deep into the most common financial issues faced by widows and widowers, from dealing with income gaps to navigating tax changes as a single filer. Here are some of the things we’ll address in this episode: 0:00 – Intro 2:02 – The two main financial issues you face 5:24 – Solving for the income gap 10:16 – Taking care...
Understanding RMDs: A Guide For Retirees & The Soon-to-Retire
September 07, 2023 09:00 - 21 minutes - 30.1 MBAre you over 55 and pondering retirement? Dive into the world of Required Minimum Distributions (RMDs) with us. In this episode, we demystify the reasons behind mandatory withdrawals from your retirement savings. Discover strategies to potentially avoid them and understand the risks of not preparing in advance. And for those fortunate to not rely on RMDs for income, we'll explore impactful ways to utilize those funds. Here are some of the things we’ll address in this episode: 2:21 – What ...
Retirement: Ready Or Not, Here It Comes
August 31, 2023 09:00 - 17 minutes - 23.7 MBAre you nearing “retirement age?” If so, let’s explore that pivotal question you’ll soon face: Should you retire or continue working? We’ll unravel the intricacies of this decision, addressing both financial and emotional aspects, and help you find out if you’re truly ready to retire. Here are some of the things we’ll address in this episode: 2:03 – Common reasons for not retiring 5:21 – Financially able to retire, but lacking confidence 9:10 – Ready to retire but not financially prep...
Breaking Up is Hard: Navigating the Transition to a New Financial Advisor
August 24, 2023 09:00 - 22 minutes - 31.1 MBIn today's episode, we'll explore the sensitive and significant process of transitioning from one financial advisor to another. We'll cover how to recognize when your current advisor may no longer be serving your financial needs effectively, the right questions to ask, and crucial factors to consider when searching for a new financial partner. Here are some of the things we’ll address in this episode: 1:40 – Reasons one might want to change advisors 6:38 – Consequences of changing advi...
Till Debt Do Us Part: Resolving Financial Tension Between Couples (Part 2)
August 17, 2023 09:00 - 20 minutes - 28.3 MBWelcome back to part two of our discussion on resolving financial tension between couples. In this episode, we'll explore five more common areas of financial tensions: emergency fund size, charitable contributions, handling inheritances, insurance needs, and financial management style. Stay tuned to learn how advisors like Phil work to resolve conflicts in these areas as they arise. Here are some of the things we’ll address in this episode: 1:48 – How much should we have in the emer...
Till Debt Do Us Part: Resolving Financial Tension Between Couples (Part 1)
August 10, 2023 09:00 - 15 minutes - 21.8 MBMoney can't buy love, but it can certainly start some spicy debates between you and your better half. In this episode, we're digging into the financial face-offs that make Monopoly fights look like child's play and exploring some money minefields that can test even the most solid relationships. Listen in as we explore how to resolve some of the most common financial sources of tension between couples. Here are some of the things we’ll address in this episode: 1:57 – Disagreeing on risk ...
Spotting Problematic Personalities of Rogue Advisors (Part 2)
August 03, 2023 09:00 - 21 minutes - 30 MBFinding a trustworthy and competent financial advisor is essential for securing your financial future. After all, they play a vital role in helping you make informed decisions about your money, investments, and long-term financial goals. But how can you separate the wheat from the chaff? How can you identify problematic personalities that might indicate an advisor isn't the right fit for you? In part two of this two-part series, we’ll explore how to identify five more of these advisor perso...
Spotting Problematic Personalities of Rogue Advisors (Part1)
July 27, 2023 09:00 - 20 minutes - 28.1 MBFinding a trustworthy and competent financial advisor is essential for securing your financial future. After all, they play a vital role in helping you make informed decisions about your money, investments, and long-term financial goals. But how can you separate the wheat from the chaff? How can you identify problematic personalities that might indicate an advisor isn't the right fit for you? Here are some of the things we’ll address in this episode: 2:56 – “The Ghost” who disappears af...
Countdown Clarity: Timing Your Retirement Preparations
July 20, 2023 09:00 - 18 minutes - 26.1 MBWhether you’re close to retirement or still far from that exciting date, it’s not uncommon to wonder when you should start preparing for each aspect of it. From figuring out the right time to be debt-free and when to adjust your portfolio risk, to deciding when to plan for your Social Security benefits or healthcare coverage, this episode guides you through the ideal timeline for each. Tune in to find out how far away from retirement you should have answers to these pressing questions. ...
Mastering Retirement Cash Flow: Understanding Income
July 13, 2023 09:00 - 18 minutes - 25.2 MBGet ready to finish up our conversation on retirement cash flow! This time, we're diving into the income side of the equation. In our first two parts, we tackled the ins and outs of your expenses in retirement. Now, it's all about understanding the crucial role of income analysis. Here are some of the things we’ll address in this episode: 1:58 – Understand your retirement income 3:21 – Diversifying income streams 6:08 – Guaranteed vs non-guaranteed income 10:24 – Paycheck vs playche...
Bad Money Habits Could Spoil Your Retirement Party
June 29, 2023 09:00 - 20 minutes - 28.1 MBPicture this: You're at your retirement party, finally ready to enjoy your golden years, but worries caused by some bad money habits have robbed you of fully enjoying the sweetness of the day. It happens to more people than you think, which is unfortunate because, with just a little bit of modification, you can rid some of the worst money habits from your life and set yourself up for retirement success. Here are some of the things we’ll address in this episode: 2:40 – Being addicted to...
Counterintuitive Advice: Why You Should NOT Invest In A 401(k)
June 22, 2023 09:00 - 17 minutes - 23.9 MBDon’t get us wrong. In many cases, your 401(k) can be your best investment vehicle, offering numerous benefits and tax advantages and many times a 100% return on some of your contributions (also known as an employer match). However, it's important to recognize that it might not always be the optimal choice for everyone. Join us in this thought-provoking episode as we dissect the reasons why someone should NOT invest in a 401(k). Here are some of the things we’ll address in this episode: ...
Mastering Retirement Cash Flow: Understanding Changing Expenses (Part 2)
June 15, 2023 09:00 - 19 minutes - 27.5 MBIn this episode, we’re back to explore many of the expenses in your life that might drastically change (one way or another) in retirement. We’ll break those expenses down further to see which ones are the top priorities and analyze some of the other factors that impact your cash flow in retirement. In part one of this series, we covered some of the must-haves in retirement planning, such as housing, healthcare, food, and clothing costs. In this episode, Phil will discuss the importance of m...
Mastering Retirement Cash Flow: Understanding Changing Expenses (Part 1)
June 08, 2023 09:00 - 25 minutes - 35.8 MBIn this episode, we’ll explore many of the expenses in your life that might drastically change (one way or another) in retirement. We’ll break those expenses down further to see which ones are the top priorities and analyze some of the other factors that impact your cash flow in retirement. Whether you're approaching retirement or already enjoying it, this episode is filled with essential tips and strategies that will empower you to make informed financial choices, ensuring a comfortable an...
Ep 185: Top Money Mistakes In Retirement (Part 2)
June 01, 2023 09:00 - 24 minutes - 33.5 MBIn the complex world of retirement planning, there are countless pitfalls one could fall into. In this episode, we've distilled it down to what we believe are the top 10 mistakes to watch out for. In part two of this two-part episode, we’re going to discuss the next 5 money mistakes that Phil often sees in retirement planning. Here are some of the things we’ll address in this episode: 1:21 – Not having a clear retirement goal 4:22 – Not accounting for inflation in your retirement budge...
Ep 184: Top Money Mistakes In Retirement (Part 1)
May 25, 2023 09:00 - 20 minutes - 29.1 MBIn the complex world of retirement planning, there are countless pitfalls one could fall into. In this episode, we've distilled it down to what we believe are the top 10 mistakes to watch out for. In part one of this two-part episode, we’re going to discuss the first 5 money mistakes that Phil often sees in retirement planning. Here are some of the things we’ll address in this episode: 2:30 – Ignoring future tax implications of your retirement savings 5:51 – Starting Social Security to...
Ep 183: Key Finance Decisions During Major Life Events Like Marriage, Divorce, Job Loss & More
May 18, 2023 09:00 - 24 minutes - 34.4 MBAre you ready to take control of your finances during life's most pivotal moments? In this episode, we dive into the complex world of financial decision-making during key life events. From the excitement of getting remarried or entering retirement to the challenges of divorce and the loss of a loved one, we'll provide practical tips and guidance to help you make informed decisions and maintain financial stability. Here are some of the things we’ll address in this episode: 1:21 – Financi...
Ep 182: Unsure, Confident or Certain: Retirement Planning Next Steps
May 11, 2023 09:00 - 17 minutes - 24.5 MBIn today’s episode, we’re going to focus on the three categories that many clients fall into when starting their retirement planning journey: The unsure, the confident, and the certain. Whether you have no idea if you can retire or if you’re positive that you have sufficient funds to retire, we’ll cover some critical areas of retirement planning that you need to pay attention to. Here are some of the things we’ll address in this episode: 1:10 – The “I have no idea if I can retire” clien...
Ep 181: Should You Relocate In Retirement?
May 04, 2023 09:00 - 17 minutes - 23.7 MBToday, we'll be discussing some challenges of moving amidst the current climate, particularly for pre-retirees and retirees. We recently came across a Vanguard article that proposes a way to potentially add $100,000 to one's retirement savings by selling and relocating to a different state. Is this a feasible strategy? We’ll answer that question and more about relocating in this episode. Here are some of the things we’ll address in this episode: 1:06 – Some things to think about if you’...