Financial Choices Matter

In today's episode, we're focusing on a critical aspect of retirement planning: healthcare costs. How well-prepared are you to handle medical expenses after you retire? We'll discuss everything from Medicare complexities to strategies for managing unexpected health-related expenses. Tune in as we break down the essentials of healthcare financial planning for retirees.

Show Notes: 

0:45 - Main Topic: Strategic Planning for Retiree...

There's a lot going on in the financial industry. In today's episode, Charles is going to address some of the things that are driving him crazy in the community, from the plethora of confusing financial designations to the lack of attention given to long-term care planning. At the end of the episode, Charles answers a listener question about combining finances and discusses the importance of financial communication in a relationshi...

Are we on the brink of a retirement renaissance or stormy seas ahead? On this episode, we jump into the pressing issues of Social Security, healthcare, taxes, stock market trends, and long-term care. Whether you're an eternal optimist or cautious pessimist, this episode will equip you with perspectives to plan your retirement years with confidence as we ask the longstanding question, “Is the glass half full or half empty?"

Show N...

Are you nearing “retirement age?” If so, let’s explore that pivotal question you’ll soon face: Should you retire or continue working? We’ll unravel the intricacies of this decision, addressing both financial and emotional aspects, and help you find out if you’re truly ready to retire.

Show Notes: 

0:32 - Main Topic: Ready Or Not Retirement 2:18 - Don’t Want To Retire 7:46 - Lack Of Confidence 11:09 - Not Enough To Retire 15:3...

In this episode, we tackle the common complaints and fears about financial situations during retirement. We'll discuss which concerns are well-founded, which are based on misconceptions, and offer insight on how retirees can best navigate their financial future.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

0:37 - Main Topic: Retirement Planning Complaints 2:18 - Too Much Risk 4:39 - Fees ...

It’s not just the financially uncertain who need to think carefully about their retirement plan. Even those who feel confident in their retirement savings might still have important questions to answer and decisions to make. In this episode, we'll explore the three retirement planning mindsets: those who have no idea if they can retire, those who think they have enough money to retire, and those who know for sure they have enough m...

In the complex world of retirement planning, there are countless pitfalls one could fall into. In this episode, we've distilled it down to what we believe are the top 5 mistakes to watch out for. Avoiding these crucial missteps can have a significant impact on the success of your retirement plan. So, join us as we delve into these key issues and learn how to navigate them effectively when it's your turn to plan for retirement.

Cont...

Are you aware that not all retirement accounts are created equal? It's crucial to understand the purpose and advantages of each type of account to make the best choice for your future. In this episode, we'll delve into the different types of retirement accounts, including 401(k)s, IRAs, Roths, and several other examples. We’ll help you weigh the pros and cons of each and give you insights into the purposes they serve so that you ca...

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 strategie...

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...

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/

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/

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/

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: Kev...

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/

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 -...

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/

0:35 - Main Topic: Irreversible Financial Decisions

1:29 - Social Security

4:30 - Spousal Benefits F...

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/

0:50 - Webinar

2:21 - Main Topic: Planning For Retirement’s Uncertainties

2:47 - Be Flexible

4:14 - Longevity

5:32 - Intere...

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

Web...

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/

0:33 - Main Topic: Financial Planning Considerations When You’re In B...

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/

1:41 - Being a certified divorce planner

2:37 - Choosing the house as a safety blanket

5:37 - The tax implica...