Providence Financial Retirement Show with Anthony Saccaro

In this week's episode, we delve into the recent market volatility and the factors contributing to it, including trade policy uncertainties and economic growth concerns. We discuss the importance of having a well-structured plan that anticipates market fluctuations, ensuring you're prepared to respond calmly rather than react emotionally.

Just as regular health check-ups can catch issues early, proactive portfolio planning can help...

In this episode, we explore critical areas where procrastination can lead to unexpected challenges in retirement. By addressing these issues early, you can ensure a more secure and comfortable future:​

1. Tax Planning: Delaying tax strategies can result in higher liabilities during retirement. Proactive planning helps minimize taxes on withdrawals and investments, preserving more of your savings. ​

2. Long-Term Care: Many underesti...

In this episode, we examine eight common retirement expectations and contrast them with the realities many retirees face:

1.  Lower Expenses: Many anticipate reduced living costs in retirement, but factors like healthcare, travel, and leisure activities can keep expenses high.

2. Manageable Healthcare Costs: While some believe Medicare will cover all health expenses, out-of-pocket costs for services like dental, vision, and long-te...

In this episode, we challenge conventional retirement planning approaches that may not suit everyone's unique needs:

The Buy-and-Hold Dilemma: Wall Street often promotes a buy-and-hold strategy, encouraging investments in stocks and mutual funds without considering how to convert these assets into usable income during retirement. Without a clear plan to liquidate these assets, retirees might struggle to access their wealth when nee...

In this episode, we delve into two primary strategies for funding your retirement:

1. Income Method (Interest and Dividends): This approach focuses on generating income by investing in assets that provide regular interest or dividend payments, such as bonds or dividend-paying stocks. By living off this income, you preserve your ...

Retirement isn’t just about leaving work — it’s about stepping into a new chapter of life with purpose and intention. But too many retirees find themselves feeling lost once they’re no longer defined by their careers. Who are you now, and what will you do to stay fulfilled?

In this episode, we’ll discuss how to be proactive in shaping a meaningful retirement. We’l...

Just like sports, retirement requires a solid game plan. Are you ready for the biggest game of your life? In this episode, we’ll walk you through the Retirement Playbook — a strategic guide to ensure all the components of your retirement work together seamlessly so you can win the retirement game.

But what does “winning” in retirement actually mean? It’s about having financial security, peace of mind, and the freedom to enjoy life ...

Got questions about retirement? You’re not alone! In this special Q&A episode, we’re tackling some of the most common questions we’ve received, including:

🔹 Required Minimum Distributions (RMDs) – How do they work, and how can you prepare to avoid costly penalties?

A secure and stress-free retirement doesn’t happen by chance — it requires understanding key financial concepts that can make or break your retirement plan. In this episode, we’re covering eight crucial retirement principles that every retiree and pre-retiree should know, including:

✅ Sequence of Returns Risk – Why market downturns early in retirement can be devastating
✅ The 4% Rule – Is it still a reliable withdrawal strategy?
✅ ...

Retirement isn’t just a single event — it’s a journey with important milestones along the way. There are specific ages when you become eligible for certain benefits, gain new financial opportunities, or face new restrictions. Knowing these key moments can help you maximize your savings, avoid penalties, and make smarter decisions about your retirement future.

In this episode, we’ll break down 10 crucial retirement milestones, inclu...

Long-term care (LTC) insurance has changed, and it may not be as expensive or complicated as you think. In this episode, we break down asset-backed long-term care insurance—how it works, why it’s different from traditional LTC policies, and whether it’s the right solution for you.

We’ll also discuss what long-term care actually is, who might need it, and the common misconception that Medicare will cover these costs. While Medicare ...

The recent devastating fires in Southern California have been a harsh reminder of how quickly life can change. Many losses were irreplaceable—personal memorabilia, sentimental items, and even lives, in some cases, because warnings weren’t heeded. Just as it's crucial to prepare for physical emergencies, the same applies to your retirement.

In this episode, we discuss five essential steps to safeguard your financial future, no matte...

Starting this week, we have a new President. With this transition, many retirees are wondering: How will the Trump Presidency impact my retirement over the next four years?

In this episode, we break it down into two key areas: taxes and the economic environment. We’ll discuss potential tax changes, how they could affect your retirement income, and what steps you can take to prepare. We’ll also explore the broader economic outlook, ...

This week’s show is a little different! Over the holidays, we received a flood of great questions, and today we’re dedicating the episode to answering as many as possible. We’ll cover a range of topics, including taxes, annuities, reverse mortgages, and how fixed-income portfolios might react if the FED lowers interest rates. Listen in.

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LET’S CONNECT

Show website:

https://www.providencefinancialpo...

As we step into a new year, it’s the perfect time to pause and reflect on your retirement journey. Take a moment to look back at last year — did you achieve the financial milestones you set? What worked well, and what could have been better? Reflecting on these experiences is key to making more informed decisions moving forward.

Now, shift your focus to this year. What are your top priorities? This is what our first podcast of 2025...

What if some of the beliefs guiding your retirement and investment decisions aren’t true? In this episode, we dive into the critical difference between opinions—ideas that can’t be proven—and facts, which are backed by evidence. Just as humanity once believed the Earth was flat or the center of the universe, we may be holding onto outdated assumptions about money, retirement, and investing.

Join us as we question the “truths” we ta...

With a triple-red government ahead, one of the most common questions I hear is, "How should we invest now?" The truth is, the answer remains the same—your investment strategy should align with the phase of life you’re in, regardless of who’s in office.

In this episode, we break down the three key life phases for investing: accumulation, protection, and distribution. Learn how to identify your phase, align your investments with your...

Retirement is meant to be a time of freedom and enjoyment, but are you truly in charge of your financial future, or is it controlling you? Too often, I talk to retirees who are letting fear or indecision shape their retirement. Whether it’s trying to avoid taxes, delaying Roth conversions, or ignoring the need to plan for long-term care, these choices can lead to worry and stress — even in retirement.

When your retirement plan is s...

As the year comes to a close, it’s the perfect time to review your financial plan and ensure you’re set up for a successful retirement. In this episode, we walk through a 10-point checklist to help you maximize savings, optimize taxes, and fine-tune your retirement strategy before the new year begins.

1. Required Minimum Distributions 
2. Roth conversions 
3. tax-loss harvesting 
4. tax bunching 
5. Medicare 
6. charitable contribu...