Financial Choices Matter

Tough Topic: Retirement & Divorce

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!

Why Retirement Planning Ain’t What It Used To Be

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

Do You Concur? Picking Sides In Important Financial Debates

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

The Potential Forgiveness Of Student Loans Being Proposed

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

The New Assessment Of The Costs Of Healthcare In Retirement

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

Life Insurance & Retirement Statistics

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

Financial Terms & Housing Questions In Retirement

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

Understanding Financial Jargon: Advisor Designations & Definitions

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?

When Guessing At Retirement’s Most Important Questions Goes Wrong

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

What They’re Saying: What Is The Most Important Part Of Retirement Planning?

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