Annuities are a hot topic in the financial industry. Some people talk about how much they love them, while others say to stay away from them at all costs. But which side should you believe? Today Jeff discusses the pros and cons of different types of annuities and how they may or may not provide value for a retirement income plan.
Continue Reading Ep 11: Annuities – What You Really Need to KnowTag: retirement
Ep 10: Busting Social Security Myths
Social Security is often misunderstood and ill-planned for costing serious lost opportunity for many Americans. Myths, rumors, and misunderstandings are pervasive in the world of Social Security. In this show, we’ll look to clear up the top 5 misunderstandings about Social Security.
Continue Reading Ep 10: Busting Social Security MythsEp 9: The Importance of the Financial Red Zone
When we hear the phrase “red zone,” most of us think of football. When a team is only 20 yards away from the goal line, and minimizing mistakes is key to scoring. We can take this concept to the financial world too. Jeff talks on today’s show about the retirement red zone and why making sound decisions during this time frame can greatly affect the rest of your retirement.
Continue Reading Ep 9: The Importance of the Financial Red ZoneEp 7: How to Find the Right Advisor
A lot of concern goes into trying to pick the proper investments, build a balanced portfolio, and getting the highest return. But how much time have you really put into finding the right advisor to work together with on all these tasks and more? You might be surprised to find out that a lot of people don’t do their due diligence or put in a considerable amount of thought into picking their advisor. And ultimately, that leads a lot of people to not understanding what they should expect from such a relationship. So, we want to clear some of that up on this episode and clarify some of the ways you can evaluate your current advisor relationship and how to shop for, and find, the right advisor for you.
Continue Reading Ep 7: How to Find the Right AdvisorEp 6: Legacy & Estate Planning
When we talk about comprehensive financial planning for retirement, many people tend to focus on the investments and retirement income they want to achieve. But legacy and estate planning is important and easy to overlook when putting your plan together. Jeff discusses the elements that make up this type of planning and why you should continually make sure it is up to date and relevant to your current situation.
Continue Reading Ep 6: Legacy & Estate PlanningEp 5: Health Care Planning
It’s no secret that the cost of healthcare only continues to rise each year, and so we need to be proactive and plan for these costs. That’s why we decided to dedicate an entire episode to explaining the common healthcare costs in retirement as well as protecting your retirement plan against the cost of long-term care.
Continue Reading Ep 5: Health Care PlanningEp 4: Tax Planning
Taxes in retirement can often be avoided and eliminated through strategy and planning. Jeff talks to us today about the importance of having a tax-efficient plan and some common mistakes that he has seen.
Continue Reading Ep 4: Tax PlanningEp 3: Investment Planning
A crucial element of a retirement plan is figuring out which investments you need to be in. It’s important you are in objective appropriate and risk-appropriate investment vehicles that match who you are in life. Jeff talks to us today about the bucket management strategy his practice uses and helping people to find and utilize their unique identity within their investments.
Continue Reading Ep 3: Investment PlanningEp 2: Income Planning
Income planning is the backbone of every great retirement plan. But many people struggle with nailing down a solid income plan and transitioning from receiving that employer paycheck. Jeff talks about the components of an income plan and how to start assembling one that matches who you are.
Continue Reading Ep 2: Income Planning