Latest Stover Podcast Episodes
A Framework for Assessing Variable Spending Strategies
Retirement Talk Podcast with Laura Stover - May 24, 2023 10:00 - 35 minutes ★★★★ - 38 ratingsBeing flexible with spending absolutely matters in financial planning and it often gets overlooked when people step into retirement. Most people look at their budget and the assets that they’ve accumulated and that’s where they stop. In this episode, Laura Stover, RFC® and Michael Wallin, CFP®...
Why Do We Keep Making the Same Investment Mistakes?
Retirement Talk Podcast with Laura Stover - May 17, 2023 10:00 - 37 minutes ★★★★ - 38 ratingsOur relationship with money is much like the other emotional relationships we have in other parts of our lives. We tell ourselves we’re done making the same types of mistakes but end up repeating those same behaviors the next time the situation arises. The same thing happens in terms of how we i...
How Long is Long Term?
Retirement Talk Podcast with Laura Stover - May 10, 2023 10:00 - 36 minutes ★★★★ - 38 ratingsWe work with people that have investing questions all the time but there are two that investors often boil it down to. They want to know how long they need to be invested to be sure they don’t lose money and how long they need to stay invested to make sure they do better than an alternative inve...
Profiting from Losses
Retirement Talk Podcast with Laura Stover - May 03, 2023 10:00 - 31 minutes ★★★★ - 38 ratingsThe market has shown some signs that it might be turning around, but we’ve seen quite a bit of up-and-down over the past few years. These fluctuations have created some nice gains at times for investors, but a lack of tax planning can keep you from maximizing your financial gains. In this epis...
If Not a 60-40 Portfolio, Then What?
Retirement Talk Podcast with Laura Stover - April 26, 2023 10:00 - 35 minutes ★★★★ - 38 ratingsA year like 2022 doesn’t come around too often but those significant market corrections we saw in both equities and bonds made many people begin to wonder about the effectiveness of the traditional 60/40 investment mix. Some people are even saying that there is no longer a use for this portfolio...
When It Comes to Risk, It’s Dangerous to Trust Your Instincts
Retirement Talk Podcast with Laura Stover - April 19, 2023 10:00 - 31 minutes ★★★★ - 38 ratingsThe famous boxer Mike Tyson once said, “Everyone has a plan until they get punched in the mouth.” He meant it about his opponents, but we can apply that same idea to financial planning in the middle of a volatile market. How will you react when things first get difficult? Should you trust your i...
Don’t Let Sequence of Returns Risk Cook Your Goose
Retirement Talk Podcast with Laura Stover - April 12, 2023 11:00 - 34 minutes ★★★★ - 38 ratingsReaching retirement doesn’t mean you can put your plan in cruise control because plenty of risks remain. One that all recent retirees are dealing with is the sequence of returns risk. This is an overlooked risk when someone is stepping into retirement that doesn’t get nearly enough attention, in...
3 Ways to Know if Your Advisor Gets It
Retirement Talk Podcast with Laura Stover - April 05, 2023 10:00 - 28 minutes ★★★★ - 38 ratingsFor many people, the goal in life is to have enough wealth that you can pass it on to people or organizations you care most about, and your advisor should be a key partner in helping you with that estate planning. However, not every financial professional is equipped to help you secure your lega...
The Four Unique Risks in Decumulation
Retirement Talk Podcast with Laura Stover - March 29, 2023 10:00 - 30 minutes ★★★★ - 38 ratingsWe spend most of our life saving and investing to accumulate as much wealth as possible before retirement, but there’s not nearly as much thought and research given to how you take that money out once you’re in retirement. Decumulation, in our mind, is one of the most important planning challeng...
It Is The Perfect Time for Pre-Retirees to Consider FIAs
Retirement Talk Podcast with Laura Stover - March 22, 2023 10:00 - 29 minutes ★★★★ - 38 ratingsWhen things are down, everyone’s risk profile gets much more conservative. Emotions shift as the market does, and we spend a lot of time consulting clients to help them keep balance. One of the products that we discuss more in this type of environment is the fixed index annuity, which people oft...
The Best Retirement Plans of 2023
Retirement Talk Podcast with Laura Stover - March 15, 2023 10:00 - 28 minutes ★★★★ - 38 ratingsAmericans have been falling behind on retirement planning for some time now, and the past two years have only increased the difficulty to save money and grow a nest egg. This recent trend emphasizes the importance of proper planning, and we want to share some of the best retirement strategies to...
Are Bonds a Good Investment During a Recession?
Retirement Talk Podcast with Laura Stover - March 08, 2023 11:00 - 34 minutes ★★★★ - 38 ratingsIf you go back to October of 2022, you’ll find the worst 12-month period ever for bonds. With the pressure on the economy, bonds struggled right alongside many other investments. The last year showed us many investors move to bonds during periods of volatility, and many of those same people co...
Planning Your First Required Minimum Distribution
Retirement Talk Podcast with Laura Stover - March 01, 2023 11:00 - 29 minutes ★★★★ - 38 ratingsFor the vast majority of retirees, there will come a time when the IRS comes calling and you’re required to start taking money out of qualified retirement accounts. These required minimum distributions (RMDs) are a great planning opportunity and a chance to have some control over taxation, but y...
What is Taxable Income and How Does it Work?
Retirement Talk Podcast with Laura Stover - February 22, 2023 11:00 - 31 minutes ★★★★ - 38 ratingsIt’s that time of the year where taxes become top of mind as people look through income over the past year to get their filing in order, but taxes need to be at the forefront of your financial planning throughout the year. The problem is tax planning isn’t simple. It takes years of experience an...
What’s a Safe Withdrawal Rate Today?
Retirement Talk Podcast with Laura Stover - February 15, 2023 11:00 - 30 minutes ★★★★ - 38 ratingsA declining market will make any retiree uncomfortable, and it could put your future in jeopardy if you haven’t thought through your withdrawal strategy. Many retirees struggle to shift their mindset from accumulation to distribution so let’s talk about how to determine how much you should be ta...
Advisors Should Rethink the ‘M’ in RMD
Retirement Talk Podcast with Laura Stover - February 08, 2023 11:00 - 29 minutes ★★★★ - 38 ratingsThe recent passing of SECURE Act 2.0 brought about a long list of planning opportunities, but the change in age for required minimum distributions will give advisors a chance to think outside the box on RMD strategies. Now that the age has increased to 73, retirees and pre-retirees have even m...
SECURE Act 2.0 – How It Will Affect Retirees
Retirement Talk Podcast with Laura Stover - February 01, 2023 11:00 - 32 minutes ★★★★ - 38 ratingsThe start of 2023 brought us another round of retirement changes with SECURE Act 2.0 officially taking effect and there are a number of important provisions that retirees need to be aware of. In this episode, Laura Stover, RFC® and Michael Wallin, CFP® will take you through the changes they’...
What’s the Difference Between Average and Actual Rate of Return
Retirement Talk Podcast with Laura Stover - January 25, 2023 11:00 - 28 minutes ★★★★ - 38 ratingsInvestors use rate of return to make decisions and evaluate performance all the time, but they often get misled by the average return. With the market showing some positive signs to start the new year, this is a timely topic to discuss on the podcast and we’ll do that by exploring a Kiplinger a...
A Bear Market Checklist
Retirement Talk Podcast with Laura Stover - January 18, 2023 11:00 - 33 minutes ★★★★ - 38 ratingsDespite seeing a few positive days to begin the new year, investors are still in the midst of the longest bear market in nearly 15 years and plenty of economic doubt and uncertainty remains in 2023. This sustained bear market has made investors weary and wondering what they need to do to not onl...
The Hustler – Lessons From a Young Warren Buffett
Retirement Talk Podcast with Laura Stover - January 11, 2023 11:00 - 38 minutes ★★★★ - 38 ratingsNo matter how experienced you are with money, there’s always room to grow and learn. It’s a characteristic you’ll find in the most successful people, including one of the greatest investors of all time, Warren Buffett. Today’s show will focus on the life and career of the man born in the years f...
What is a Dividend Yield?
Retirement Talk Podcast with Laura Stover - January 04, 2023 11:00 - 26 minutes ★★★★ - 38 ratingsThe extended downturn in the market has given investors a chance to re-evaluate their portfolio and rethink the strategy that best fits their needs in retirement. Dividend-paying stocks are often a popular choice, especially in times like these, because they can help offset poor returns in a dow...
How Often is the Market Down in Consecutive Years?
Retirement Talk Podcast with Laura Stover - December 28, 2022 11:00 - 31 minutes ★★★★ - 38 ratingsAs we prepare to turn the page to 2023, it’s impossible to ignore the state of the market as we close out a second consecutive year with negative returns. Investor concern seems more elevated than normal, which isn’t a surprise because this situation doesn’t occur often. The market rarely sees a...
Owning Individual Bonds vs Owning a Bond Fund
Retirement Talk Podcast with Laura Stover - December 21, 2022 11:00 - 32 minutes ★★★★ - 38 ratingsThis past year in the market has been difficult for just about everyone. Even conservative investors, who felt comfortable in bonds or fixed income have seen those returns near 40-year lows. As we look ahead to the new year and work with clients to build out diversified portfolios, we want to sp...
Annuities are Continuing Their Record Breaking Year
Retirement Talk Podcast with Laura Stover - December 14, 2022 11:00 - 33 minutes ★★★★ - 38 ratingsAnnuities have experienced drastic growth in 2022 as investors look for guaranteed income during a market correction, but should you be allocating money into fixed index annuities or other options? One of the goals of this show is to provide perspective on financial news and trends because what ...
4 Barriers to Break Down for a Successful Retirement
Retirement Talk Podcast with Laura Stover - December 07, 2022 11:00 - 20 minutes ★★★★ - 38 ratingsNo matter how well you’ve planned, there’s going to be some level of uneasiness for retirees when the economy struggles like it has over the past year. These volatile times motivate people to take the necessary steps to protect their retirement and proper planning can help you do just that. Be...
Why Fixed Index Annuities are Back
Retirement Talk Podcast with Laura Stover - November 30, 2022 11:00 - 31 minutes ★★★★ - 38 ratingsWe’ve experienced a lot of market volatility this year and a tremendous rise in interest rates, and people are looking for ways for their dollar to grow to combat inflation. As people explore options for diversifying their portfolio, annuities are becoming a part of that conversation more and mo...
After a Pandemic, Is Long-Term Care Important to Retirees?
Retirement Talk Podcast with Laura Stover - November 23, 2022 11:00 - 32 minutes ★★★★ - 38 ratingsThe COVID pandemic has changed so much of our perspective on life but will it help drive people to pay more attention to the need for long-term care? At the onset of the pandemic in 2020, the last place you’d want to be is trapped in a nursing home, which is why we want to highlight this pillar ...
Mutual Fund Taxation and Capital Gains
Retirement Talk Podcast with Laura Stover - November 16, 2022 11:00 - 29 minutes ★★★★ - 38 ratingsAs we prepare for the end of the year, there are numerous financial conversations that will happen as part of the Redefining Wealth® planning process and we want to get you thinking about one of those on this episode. Many people have sold out of investments this year to move into cash be...
2022 – The Year in Review – What Lies Ahead?
Retirement Talk Podcast with Laura Stover - November 09, 2022 12:00 - 31 minutes ★★★★ - 38 ratingsNot many people expected 2022 to turn out the way it has from an economic standpoint as inflation, rising interest rates, and market declines have been in the headlines all year. The uneasiness has people asking us to explain how it got to this point and when we’ll start to see a turnaround. W...
Unprecedented Times
Retirement Talk Podcast with Laura Stover - November 02, 2022 10:00 - 34 minutes ★★★★ - 38 ratingsThe steep decline in the stock market and rising inflation is impacting all Americans but no one is feeling it quite like people that are nearing retirement or those that recently made the transition to retirement. The drop in account value paired with the decline in purchasing power can create ...
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