Ready, Set, Retire!

Kiplinger warns that those of us approaching retirement are facing a “perfect storm”:  Low interest rates and high inflation … the combination of which will force us to take on more market risk than we’re comfortable taking.  How do we navigate that perfect storm? Hear Steve discuss his bucket approach and how he can help you not run out of money! See omnystudio.com/listener for privacy information.

If you’ve been married for any length of time, you know that disagreements come with the territory.  But some disagreements are more serious than others.  Wall Street Journal’s Anne Tergesen says that’s especially true when it comes to deciding how much risk to take with the family nest egg. Steve explains how his bucket approach allows for open communication with couples and how he makes sure that everyone is happy and content with the customized plan he puts together for them. See omnystudio.com/listener for privacy information.

According to Investopedia, if inflation is running at 3% it will eat up 50% of your savings and buying power in just 24 years. We are seeing hyper inflation now more than ever with little signs of slowing down, so what can you do NOW to protect your money if you are currently in or near retirement?  Hear Steve discuss his overall approach to helping you protect and grow your money - you don't have to be afraid of the inflation monster!   Then, Steve explains how his tools and strategies can help create income that you can't outlive when the paycheck stops! When should you take your Social Security? Is there a chance SS could disappear? Listen Now!   See omnystudio.com/listener for privacy information.

One of the best things about retiring is that you’ll spend less on things like clothing and commuting.  But The Motley Fool says retirees are often surprised to find that some of their expenses actually increase.  Steve discusses some expenses many retiree's forget and how his bucket approach can help you plan for these expenses and most importantly, not run out of money! See omnystudio.com/listener for privacy information.

If you had to guess – right now – how long do you think you’re going to live?  According to the annual “Retirement Readiness Survey,” the average American expects to live to the age of 84.  But actuaries say about a third of today’s 65-year-olds are going to live longer than that … to 90, or beyond!  The point is that none of us know for sure how long we’re going to live, but it could be a lot longer than we think.  So, how do we account for that unknown variable in our retirement planning?See omnystudio.com/listener for privacy information.

Steve had the opportunity to sit and chat with NBA legend John Starks! Hear John's talk about being a "grinder" in the game and MORE! See omnystudio.com/listener for privacy information.

When the market is doing well – like now – do you tend to get a little complacent?  An NYU finance professor told Business Insider that investors have become “sloppy and lazy.”  He said people think that making money is easy … and he warned that the markets have a way of “fixing” that kind of thinking very quickly.  Is it dangerous to assume that investing in the markets is always the best way to go? Hear Steve weigh in and share his ideas and strategies to help you protect and grow your assets in the market!   See omnystudio.com/listener for privacy information.

Of the different generations, Fidelity says it’s baby boomers who are the most over-invested in stocks.  Hear one listener tells us why he thinks he’s supposed to be in the market, even though he admits to being a little nervous! Then,  don’t we have to take big risks if we want the big reward? See omnystudio.com/listener for privacy information.

Steve had the opportunity to chat with the one, the only, Lawrence "L.T." Taylor! L.T shares some behind the scenes secrets from the film "Any Given Sunday" and tells Steve who his favorite "Bill" is - Belichick or Parcels! Listen now to find out!   See omnystudio.com/listener for privacy information.

Forbes magazine makes an interesting point:  One retiree could have a $250,000 nest egg and never worry about money.  But another might retire with two-and-a-half million dollars and run out of money in just a few years.  Do you have some kind of a process you go through to help us understand how much we’ll need … and how to make sure we’ll be okay?See omnystudio.com/listener for privacy information.

Kiplinger says Roth accounts are a “no-brainer” for young people.  But for those of us who are a little older, it says we should “slow our roll” and get some advice from a professional.  What sorts of things do you consider when you’re helping a client decide whether a Roth rollover makes sense for them?See omnystudio.com/listener for privacy information.

If you’re serious about your financial well-being, there are certain things you need to have taken care of, by certain ages.  And MSN Money says – by the time you’re in your 60s – you need to have an estate plan in place.  But if I’m not Bill Gates or Elon Musk, why do I need an estate plan – can’t I just tell my spouse and kids who gets what?See omnystudio.com/listener for privacy information.

Over the course of your lifetime, how much money would you guess you’ll have paid in taxes?  USA Today says – if you add it all up – the average American pays Federal, state, and local governments more than half-a-million dollars!  Now, imagine if you could somehow save just a little more on your taxes each year and keep that money for yourself.  I’m guessing that would be worth looking into, right?  So, is that doable?See omnystudio.com/listener for privacy information.

True or false: Chocolate milk comes from brown cows.  Even if you’ve never set foot on a farm, you should know that’s false … but it’s a myth that 16-million Americans believe!  So, you can imagine the kinds of myths people believe about retirement.  For example – Fidelity found that more than a third of American couples believe $100,000 will be enough to cover their healthcare costs throughout the course of their retirement.  The real cost is three-times that amount!  How do we make sure we can afford that – along with the costs of any long-term care we might need?See omnystudio.com/listener for privacy information.

Hear why NFL legend Emmitt Smith gave Steve a hard time, what it means to be on a winning team, and why its important to "draft" people that see beyond the game itself!  I think he's onto something here, if the "game" means the working world, you have to be able to look beyond that to see what your retirement will look like - and that's where Steve comes in! Steve can get you to the end zone for the winning retirment TOUCHDOWN!       See omnystudio.com/listener for privacy information.

Congress has approved trillions of dollars in stimulus spending, which is pushing interest rates a little higher.  And fund manager Dan Niles tells Fox Business that’s eventually going to affect the value of your retirement portfolio ten to twenty percent! Steve explains how he can help you protect your money! See omnystudio.com/listener for privacy information.

President Biden is proposing major tax increases – but he insists they’ll be limited to corporations and rich people.  Who is likely to be hit hardest by these “limited” taxes and is there anything we can do about that? See omnystudio.com/listener for privacy information.

Steve had the opportunity to head out to Pebble Beach to hang with some big time celebs and hit the famous golf course. Steve was so excited to sit down with the stars of the 90's sitcom, Tim "The Tool Man" Taylor (Tim Allen) and Al Borland (Richard Karn) to talk tools, favorite career moments and MORE!             See omnystudio.com/listener for privacy information.

Congress has approved trillions of dollars in stimulus spending, which is pushing interest rates a little higher. How will this impact your retirement accounts? Steve explains how his planning strategies can protect your income from Uncle Sam.        See omnystudio.com/listener for privacy information.

President Biden has proposed some tax changes that are headed our way - what will this mean for you and your finances? Steve talks about how his tools and strategies can help protect you from these tax changes if you are first entering retirement OR if you are already retired.  Then, is it possible to have a TAX FREE Retirement? Steve discusses this as well as how he can help provide you income for life! See omnystudio.com/listener for privacy information.