We thought it'd be a great podcast to just reflect a little bit one year later. What are the lessons that we either learned or as we focus on in this podcast, lessons we re-learned on the financial side. Listen as we discuss financial lessons to remember for the next time.
The fear of missing out, FOMO, is something that concerns us. We see it a lot when it comes to investments. But people also bring this up in a different context too. Maybe they don't want to work anymore because they see some of their friends aren't working anymore. They feel like they're missing out on something. We want to make sure the decisions they're making or the feelings that they're having, are really good healthy ones, not only for themselves, but certainly for their financial future. Let's talk about it in this episode.
Pension election is an irrevocable decision that has lasting effects, which may or may not be good in the long run. In this episode, we share some of the high level of conversations we've been having recently and things to keep in mind before making the big decision.
Retirement is a process. Give yourself time to get used to the idea, both before AND after your retirement party. It's normal to feel a lost for a while, trying to find purpose again. You'll get it back as you start to work towards new goals and redefine what matters most to you. Having walked countless people through this process, we're more than qualified to provide financial guidance. Yet, being financially prepared and feeling financially secure about retirement is only part of the battle. Listen to Adam and Ben discuss how you can find your purpose and figure out what you will do all day.
Many grandparents want to help fund college education for their grandchildren, particularly if they already have enough money to ensure a comfortable retirement income for themselves. But who should own the asset? How much should be saved? What coordination should occur with the parents? Take a listen.
It’s not possible to GOOGLE personal financial advice. Simply put, you probably don’t know what you don’t know, and may not even know what questions to ask in order to diagnosis best next steps. Listen to Adam and Ben highlight additional reasons why self-diagnosing your financial life can lead to trouble.
If today you had to give away everything you own (your car, your house, your jewelry, your family heirlooms, bank accounts, investments, life insurance, etc.) could you complete those transfers without any reservations whatsoever? Or are “ifs, ands, or buts” coming to mind? If so, you probably need a Trust. This podcast talks about examples of situations indicating that you should be talking to your CFP® professional and your attorney about creating a trust.
So you have this annuity thing - what is it and how does it fit your financial plan moving forward? Listen to Adam and Ben compare annuities to a box of chocolates by sharing some insights on the things to know and questions to ask before making any decisions.
Should credentials matter when seeking financial advice? We're pretty biased and would say "yes!" But aren't all advisors credentialed the same? Don't they do the same things, get compensated the same way? Actually, no. Listen to Ben and Adam talk about the difference between the butchers and the dietitians in this podcast.
New year. New administration. Should you have the same old financial plan going forward? "Yup!" says Ben. Listen to Adam and Ben share perspective on how our feelings, anxieties and investment decisions need to be kept in check within our financial plans!
Was 2020 a rough year at work? Have you worked at the same job with the same company for 25+ years? Maybe you aren’t ready to retire, but the job is getting old. You’re physically and mentally ready to retire, but the uncertainty of the future holds you back from completely calling it quits. How do I know when I can retire? Listen to Adam and Ben talk about transitioning into retirement.
In this episode, Adam and Ben talk about what to expect in the initial meeting with us. That first meeting is better understanding what do you value? What is your "Why"? What are you prioritizing? We're happy to be a second set of eyes. We know we do it differently than most people and that's by design.
