Biggest Retirement Changes in 2024
Welcome to the first podcast episode of 2024! In the spirit of the new year, we're taking a look at a Yahoo Finance article about the biggest changes coming for retirement in 2024.
Patience Pays: The Power of Delayed Gratification
Sometimes 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...
End of the Year Planning Considerations
As 2023 swiftly comes to a close, it's time to make sure that we have our finances in order to properly prepare for the new year. Let’s discuss some of the financial matters that folks should consider addressing before the December 31st. From maxing out your retirement contributions to tax loss harvesting, this episode is packed with valuable items to think about!
Money Mistakes You’ll Regret and How to Avoid Them
"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? On today’s episode, explore some real-life stories of regret and arm yourself with the essential dos and don'ts to ensure your money works for you, not against you.
Harvesting Wisdom: The Garden Guide To RMDs
Imagine your retirement as a flourishing garden, nurtured over the years and ready for harvest. But how do you make the most of this garden without letting it overgrow or facing the penalties of neglect? Dive into the world of Required Minimum Distributions (RMDs) with us, as we explore the art of 'financial gardening.' Learn why the government insists you prune regularly, discover strategies to manage your harvest, and hear real-life tales of financial gardens that thrived with the right care. Whether you're a seasoned investor or just planting your first seeds, this episode offers fresh insights into making the most of your retirement blooms.
Counterintuitive Advice: Why You Should NOT Invest In A 401(k)
Don’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).
Bad Money Habits Could Spoil Your Retirement Party
Picture 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. Tune in to this episode and develop healthy financial habits that pave the way for a secure future!
A Comprehensive Dismantling Of 2023’s Top Social Security Myths, Part 1
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 5 misunderstandings about Social Security.
How Money Ads Catch Your Attention
We’re bombarded with ads each day in all forms of media. But have you ever taken a closer look at these messages? If we unpack some of these headlines and ads a little bit more, we’re able to clearly understand what emotions they’re trying to elicit. More importantly, we can figure out what companies are trying to sell us. For this episode, we just perused the internet for a couple of hours and kept track of various financial planning, investing and retirement ads we came across. Let’s pick apart these messages that popped up and see if it helps us become savvier savers.
3rd and 4th Quarter Planning To-Do List, Part 2
As we get into the 2nd half of 2019, there are several planning items you might want to run a quick checkup on. We continue to go through our checklist of items to consider as the year begins to wind down in this follow up conversation to last week's podcast.