Financial Choices Matter

Retirement Expenses For Which You Forgot To Plan

Are you preparing for retirement but feeling confident that you have covered all the expenses? Well, think again... It turns out that many retirees overlook some crucial expenses that can leave them financially vulnerable. In this episode, we explore the retirement expenses that most people tend to forget, including skyrocketing medical bills, unexpected travel costs, taxes, and much more. We'll discuss practical tips and strategies to help you plan for these expenses and ensure a secure and comfortable retirement.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes: 
0:39 - Main Topic: Retirement Expenses For Which You Forgot To Plan
1:57 - Medical Expenses
4:50 - Unexpected Travel
6:31 - Taxes
8:20 - Housing Maintenance
9:48 - Inflation
13:26 - Mailbag: Jackson Asks How To Handle Fear Of The Market
16:05 - Upcoming Online Workshop

Where $1 Million Runs Out Fastest

A million dollars is a goal that many people strive to earn for their retirement nest egg, but how far can that lump sum actually carry you? Today we will be looking at an article that breaks down how far a million dollars go in various states.
CNBC Article: https://www.cnbc.com/2022/12/17/states-where-1-million-dollars-retirement-savings-runs-out-fastest.html
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes: 
0:34 - Main Topic: How Far Does A Million Bucks Go
1:34 - Most Expensive States
3:57 - Surprising Finds
8:38 - Why You Need To Plan
11:09 - Mailbag: Martha Asks About RMDs
16:45 - New Long Term Care Solution

2023 Edition: 10 Point Checklist For Retirement Preparedness

Another year is upon us and it’s a great time to ask yourself 10 questions to assess how ready you are for retirement to kick off 2023. If you’re retiring this year, it’s essential to have some concrete answers to these questions. If you’re still a few years from the milestone, tune in so you can start thinking about these critical conversations.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes: 
1:09 - Main Topic: Retirement Checklist
2:26 - How Much Monthly Income You Need In Retirement
4:49 - Ideal Time To Take Social Security
6:19 - Longevity Risk
8:22 - Market Volatility
9:30 - Inflation
10:48 - Tax Increases
13:37 - Healthcare Costs
14:45 - Legacy
15:57 - Current Investments
17:34 - What Do You Want Retirement To Look Like?
19:03 - Mailbag: Richards Asks If A 529 Plan Is The Best Vehicle For College Savings
22:16 - Upcoming Long Term Care Workshop

Most Common Retirement Planning Questions About Taxes

As we approach the end of the year, saving money on taxes becomes a bigger focus for many people. But let’s broaden the scope out for this particular episode and focus on some of the most common retirement planning questions about taxes. We’ll talk about mistakes to avoid and how a proper plan can make a significant difference in someone’s tax savings.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes: 
0:45 - Main Topic: Most Common Retirement Planning Questions About Taxes
1:51 - Am I Going To Have Deductions In Retirement?
4:09 - Being In A Lower Tax Bracket In Retirement
5:26 - Are All Of My Retirement Accounts Taxed The Same?
7:15 - Bad Tax Mistake
9:20 - Tax Free Retirement
11:11 - Moving To A No Tax Income State
13:24 - Tax Planning Strategy Story
15:31 - Mailbag: Wendy Asks About The Roth Option For Her 401(k)
17:01 - Upcoming Online Workshops

How Bonds Work: What Retirees Need To Know

Too many folks misunderstand bonds, how they work, and what role they play in a proper financial plan. We’ll address some of those bond related issues on today’s show.
Contact:
Phone Number: 480-513-1830
Website: https://pelletoncapital.com/
Show Notes: 
0:41 - Main Topic: How Bonds Work
1:39 - Basics Of Bonds
2:22 - Individual Bond Vs Bond Fund
6:57- Target Date Funds
7:42 - Should You Move To Bonds For Safety?
9:06 - Mailbag: Kevin Asks About Company Stock
11:41 - Upcoming Online Workshops

Please Read The Fine Print

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

Getting It Right: Irreversible Financial Decisions

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

Planning For Retirement’s Uncertainties

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

Going Against The Grain

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

Financial Planning Considerations When You’re In Between Jobs

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