Your Money Your Retirement Podcast

Thinking of retiring? There are important things to consider before taking that big step!  We’ll share what you need to know before you decide to ride off into your next chapter.

Becky is an author and the CEO of Stonewood Financial in Louisville Kentucky.  With Becky’s unique background in government prior to joining Stonewood Financial, she brings incredible insight into what all of that ‘government speak’ potentially means for your financial future in retirement.

There’s no better time than now to stop “dripping nickels!” 

When creating your retirement plan, are you approaching it like a space engineer designs a rocket? Or are you swinging wildly from strategy to strategy unsure what to do next? What you do, and how you do it, really matters!

Rollercoasters might have been thrilling when you were younger, but do you really want all of your life savings on a similar ride today? And, when you’re close to or you may already be on your retirement journey, that can be an even bigger concern! Listen as we discuss this important issue!

If you’re a woman have you taken the right steps to achieve financial security throughout your lifetime? We’ll explore some steps you can take today to achieve your own financial security.

Planning for your retirement income may not be rocket science, but it’s certainly not a walk in the park either! Making sure you plan in the right order is just as critical as checking all the boxes, with Joel Cavaliere CFP ^TM

Are the investment markets getting you down? Causing you sleepless nights?  Wondering where to invest?  One choice to avoid market losses can be using certain kinds of annuities – but are they right for you?

With so many complicated changes to the rules, potentially affecting your retirement savings, we've invited author and speaker, CPA Ed Slott. Ed is known as the ‘best source of IRA Advice’ in the country and he will guide us through some of the highlights and effective dates of this most recent Act.

High inflation is a big topic, and it affects everyone in different ways. However, there are some practical day-to-day things you can do to help ease the pain, and we’ll share some of those with you!

Many employers can’t find workers while others are implementing massive layoffs. If you or someone you know has had an unexpected layoff this could have you asking: “How will a layoff impact my chances to retire?” And that’s just one of the questions you need to address! Get answers to a number of common questions as we walk through a 10-step guide to help you through this big change!

One of the most common concerns for retirees is the fear of running out of money in retirement.   While some advisors may suggest loading up on stocks or investing in riskier investments, chasing higher returns, that’s not the right answer for everyone and probably not for most. There are other choices that can work quite well.  

The markets have had a challenging year! But, just like the weather, this too shall pass! The question is when that will happen. We’ll share some thoughts on historical market corrections and some ways that can help you sleep better at night.

Critical tax planning is an important part of retirement planning! QCD’s and Roth Conversions are some easy strategies to use.  We’ll talk about those and a couple of other strategies that could help you keep a lot more of your money in your pocket and not send it to the IRS!

Have you seen the videos of incredible mazes of dominos that create amazing images when they fall down in a carefully predesigned manner?

It takes years of study and practice to get it just right. But, with the slightest bump, they'll go crashing down in total disarray. A similar chain reaction in our economy could threaten your retirement. 

If there was one perfect investment, we’d all be in it! Since there’s not, it’s important to understand the trade-offs involved with any investment. So let’s keep it simple and explore the bucket strategy to help you reach your investment goals.

When you save well for your retirement, you’re in a better position to choose when you want to retire. However, sometimes working longer can yield benefits more valuable than money!

If you’ve saved for your retirement in tax-deferred retirement accounts like IRAs and 401ks, you’ll have to take Required Minimum Distributions when you reach the appropriate age and the distributions are taxable the moment you take them out. The more you saved, the larger the required distribution! There are ways to reduce how much of that distribution is taxable.