It’s been said that “the sales brochure giveth and the fine print taketh away.” On this episode, we’ll talk about some of the things we hear from people when they don’t pay enough attention to the fine print.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
0:38 - Main Topic: Fine Print
4:03 - Increase On Long Term Care Insurance
5:42 - High Fees On Annuity
7:03 - Mutual Fund Performance
8:40 - Life Insurance Increase
10:23 - REITs
13:57 - Mailbag: Elizabeth Asks What To Do With Her Inheritance Money
There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. On this episode, we’ll explain why these decisions are so important and can’t be undone.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
0:35 - Main Topic: Irreversible Financial Decisions
1:29 - Social Security
4:30 - Spousal Benefits For A Pension
6:01 - Getting Life Insurance
8:59 - Choosing A Retirement Date
10:57 - Mailbag: Grace Asks About Keeping Finances Separate In A Marriage
14:06 - Upcoming Webinar
There are many things that we know we’ll have to deal with in retirement, we just don’t know how to predict when or to what degree. How do you construct a plan that deals with the unpredictability of these different factors?
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
0:50 - Webinar
2:21 - Main Topic: Planning For Retirement’s Uncertainties
2:47 - Be Flexible
4:14 - Longevity
5:32 - Interest Rates Going Up
7:18 - Future Tax Rates
10:52 - How Do We Plan For These Items?
12:26 - Social Security
15:37 - Stock Market Returns
17:30 - Inflation
22:27 - Mailbag: Jim Asks About Where He Can Save Money For Retirement
Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
0:43 - Webinar
2:08 - Main Topic: Against The Grain
4:11 - Appropriate Amount Of Risk
6:00 - Appropriate Use Of Life Insurance
8:09 - How To Handle Debt
9:27 - Paying Off The House
11:11 - Annuities
12:25 - Mutual Funds
14:13 - How Much Cash Should You Have?
16:17 - Mailbag: Carrie Asks If It’s Okay To Use Commissions For Her Retirement Savings
Finding yourself between jobs can be frustrating—whether you were fired, laid off, or just had to step away of your own choosing. But it can also present some opportunities. Let’s discuss some of the challenges and opportunities that you need to consider if you’re between jobs.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
0:33 - Main Topic: Financial Planning Considerations When You’re In Between Jobs
3:00 - Career Change
4:07 - Self Employment
6:37 - Health Insurance
9:00 - Rolling Over Your 401(k)
10:34 - Severance Package
14:04 - Taxes
16:48 - Mailbag: Rita Asks If She Needs A Financial Advisor
Going through a divorce at any age is difficult, but doing it near or in retirement adds all sorts of additional complications. On this episode, we’ll talk about some of the financial mistakes we see people make in the midst of a divorce.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:41 - Being a certified divorce planner
2:37 - Choosing the house as a safety blanket
5:37 - The tax implications of retirement funds
7:28 - Qualified domestic relations order
11:11 - Going to a single tax status
13:56 - Mailbag: Should I load up on stocks?
18:48 - Join us at future webinars!
In some ways, retirement planning was easier for past generations. Let’s explore how a good financial advisor helps people overcome the additional challenges of today. Our parents and grandparents may not have had to face these things, so just relying on the experiences of family members might not be enough to help us achieve our own financial success.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:07 - Main Topic: Retirement Planning Ain’t What It Used To Be
2:00 - Pensions
5:30 - Living Longer
8:54 - Interest Rates
11:49 - Too Much Information
14:45 - Mailbag: Marty Asks When He Should Get Back Into The Market
18:49 - Upcoming Workshops
On this episode, we’ll try to pick sides of some important financial debates. From bonds to life insurance, credit card debt to starting Social Security, we’ll propose several different topics to see which sides of the debates you and your advisor should probably fall on.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:09 - Main Topic: Important Financial Decisions
1:46 - Paying Off The House
6:01 - Life Insurance
8:19 - Deferring Taxes
11:11 - Credit Cards
13:18 - Start Social Security As Soon As Possible
15:56 - Mailbag: Buddy Asks How To Fill Medicare Time Gap
17:49 - Upcoming Workshops
Student loan forgiveness is a hot topic of discussion right now. Many people fear the cost of something like this and the lessons it will teach the younger generation, while others argue the cost of higher education is exorbitant and we need to extend help for those who have a lot of debt. There are both pros and cons to each side that we will be discussing on today's show.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
2:00 - Main Topic: Potential Student Loan Forgiveness
3;19 - Lessons Learned
7:37 - Boost In GDP
9:12 - Getting A Plan
11:11 - Knee Jerk Reactions
13:48 - Mailbag: Janice Asks About Finding The Right Advisor
17:36 - Workshops & Webinars
Healthcare can be one of the biggest expenses in retirement and it keeps steadily increasing. We will look at some statistics and numbers as it relates to paying for healthcare and how to plan for these costs.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
2:23 - Main Topic: The Rise Of Healthcare Costs
4:17 - Medicare Premiums
6:10 - Early Retirement
8:06 - Social Security Percentage
9:04 - How To Combat Rising Costs
13:05 - Mailbag: Ross Asks About Tax Implications When Selling An Inherited House
Sure, life insurance is one of the more boring topics to cover on a podcast. And a lot of what you hear is going to warn you why you should NOT get various types of life insurance. But our goal on this episode is to focus on the positive and analyze the reasons why you should get life insurance, or at least consider it. Many people think that once the kids are out of the house, you don’t need insurance anymore. But there are some other reasons why life insurance can be a useful part of your retirement plan.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:32 - Main Topic: Why You Should Consider Life Insurance
2:54 - Income Replacement
4:37 - Tax-Free Income
8:40 - Long Term Care Coverage
10:05 - Second Topic: American Retirement Statistics
10:52 - Retirement Age & Income
11:57 - Life Expectancy
14:12 Long Term Care
18:23 - Mailbag: Catherine Asks For Advice On Investing A Lump Sum Of Money
There are some important terms you’re going to come across as you prepare for retirement. Having a basic understanding of these will help you achieve financial success, so we’ll cover what they mean and what you should know on today’s episode. And don’t worry. We won’t go quite so far down the rabbit hole where we expect you to be able to explain how a company’s P/E ratio meshes with it’s Alpha and Beta ratings to determine how much stock you should buy.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:24 - Main Topic: Financial Jargon
2:00 - Fiduciary
3:50 - Volatility
5:29 - Risk Tolerance
6:27 - Dollar Cost Averaging
8:26 - Asset Allocation
10:22 - Second Topic: Common Housing Questions
10:50 - Does It Make Sense To Pay Off The House?
12:22 - Signing It Over To A Family Member
15:17 - Reverse Mortgage
17:08 - Mailbag: Tracy Asks What To Do If You’re Too Scared To Put A Plan Together
It does seem like anyone can call themselves a financial advisor these days. So how can you sort through the different levels of qualification in the industry? On this episode, we’ll try to explain some of the most common designations you’ll encounter on your financial planning journey.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:18 - Main Topic: Financial Jargon
2:04 - IAR & RIA
4:28 - Different Licenses
8:23 - College Degree
10:51 - Mailbag: Doug Asks How 401(k) Rollovers Work
13:57 - What’s Buggin’ Charles?
Most people, when trying to plan their retirement, have to guess about the answers to some important questions. Let’s talk about some of those questions and why you need to have a better answer than just a guess.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:21 - In The News: Inflation
7:24 - Main Topic: Guessing In Retirement
7:43 - How Much Money Will We Need Monthly In Retirement?
9:36 - Emergency Fund
12:05 - Plan For Inflation
14:30 - Healthcare Costs
16:58 - Mailbag: George Asks About Diversification In His IRA
We all should realize that planning for retirement is relatively complex. There are a lot of different moving parts and factors to consider. Adjusting any of these variables can impact the end result. But is there one part of the retirement planning process that’s most important? We’ve assembled several opinions on the topic from across the internet. Let’s see if the advice hits the mark or needs further exploration.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
2:12 - Main Topic: Most Important Parts Of Retirement Planning
2:41 - Start Now
3:50 - Risk Tolerance
5:47 - How To Make Your Retirement Fulfilling
7:49 - Sam Asks About A Life Insurance Strategy
10:09 - Charles Explains His Newest Certification
Some people feel that they’ll save money by handling their investments themselves instead of working with an advisor. Others may like the challenge of doing it themselves. Still others just don’t know who to trust so they end up not working with anyone. Let’s talk about some reasons that you might need an advisor.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:37 - Main Topic: Who Even Needs A Financial Advisor?
2:15 - You’re A Procrastinator
4:31 - You Have No Idea What To Do
7:07 - You Want To Enjoy Retirement
9:33 - Mailbag: Vicky Asks If She Should Split Her Retirement Assets
13:03 - Charles Is Now A Certified Dementia Practitioner
At the beginning of every year, people love to make predictions and prognostications about what’s going to happen to the economy in the coming months. Let’s take a look at what the “experts” are saying about the economic outlook of 2022.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
2:03 - In The News: San Francisco Suspended The City’s Cannabis Tax
4:53 - Main Topic: 2022 Predictions
5:16 - Inflation
7:32 - GDP Forecast
11:29 - Mailbag: Steve Asks If It’s Wise For His Mom To Sign Over Her House To Him
15:05 - Mailbag: Laura Asks About Early Retirement Considerations
Time for a little fun on this episode. We’ll use some fill in the blank prompts to spark good discussion about relationships between advisors and their clients, the stock market, common planning mistakes, and much more!
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
1:15 - Main Topic: Fill In The Blank
1:30 - The Best Way To Be Sure You Don’t Run Out Of Money?
2:49 - The Stock Market Has The Ability To?
4:36 - First Time Clients Are Mostly Worried About?
6:15 - Most Common Mistake?
8:28 - The Most Gratifying Part Of The Job?
11:09 - Mailbag: Cliff Asks How Much Company Stock Is Too Much
13:12 - Mailbag: Rebecca Asks How To Stay Motivated When Saving For Retirement
This is part 2 to our resolutions for 2022. See if you might be able to implement a couple of these to kick off the new year in good, financial health.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
2:20 - Check Your Credit
4:00 - Check Your Fees
6:36 - Share Your Knowledge
8:49 - Donation Opportunities
10:52 - Review Your Tax Bracket
13:13 - Ask If A Roth Conversion Is Right For You
14:48 - Update Your Paycheck Withholdings
15:52 - Rebalance Your Portfolio
16:56 - Plan Your Transition To Retirement
19:02 - Consolidate Accounts
20:25 - Listen To More Episodes Of This Podcast
You might not be able to follow through on all 22 of these resolutions, but implement even just a few of these and you’ll be well on your way to a more prosperous financial life in the coming year. We will go over the first 11 resolutions on today's show.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes:
0:34 - Main Topic: 22 Resolutions For 2022
2:24 - Reduce Your Debt
3:50 - Boost Your Retirement Savings
5:15 - Emergency Fund
6:18 - Don’t Overreact To Headlines
7:46 - Implement A Budget
9:08 - Meet With A Financial Professional
10:48 - Check Beneficiary Designations
12:24 - Have Tough Conversations
13:54 - Audit Your Insurance
15:19 - Refinancing Your Mortgage
16:44 - Get Organized
18:10 - What’s A Fiduciary?
