Active Wealth Show

Active Wealth Show

By Ford StokesBusinessInvestingManagement
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Active Wealth Show episodes

  • Dennis Prager Encourages People to Listen to The Active Wealth Show!
    Dennis Prager encourages people to listen to The Active Wealth Show on AM920TheAnswer and to sign up for a FREE FINANCIAL CONSULTATION. Ford Stokes, Host of The Active Wealth Show and his Financial Planning Team will provide every show listener a FREE PORTFOLIO ANALYSIS and a FREE FINANCIAL PLAN TO THEIR 95th BIRTHDAY!
    1 min
  • Dennis Prager Supports Active Wealth and ActiveWealthQuiz.com
    Ford and our Active Wealth Show team love working with Dennis Prager. He’s a great American and one of the best radio show hosts in the Country! Thanks Dennis for supporting the Active Wealth Show and our new website: ActiveWealthQuiz.com
    We appreciate Dennis Prager’s support of The Active Wealth Show and our Active Wealth Quiz. Our Active Wealth Quiz will help you determine how you are doing towards reach your financial goals for retirement, college planning, getting out of debt, buying a house or car or whatever your quest to get your money working as hard as you do.
    1 min
  • Max SS, Reduce Taxes & Generate Ret. Income. Plus RELAUNCH interview with Richard Chastain
    Maximize your social security income, reducing the taxes you pay during retirement and generating the right amount of retirement income can make a big difference in planning for your successful retirement.
    I enjoyed interviewing Richard Chastain, great American, former Nuclear Submarine Sonar Technician, Shomer with Dresslers Jewish Funeral Home and Active Wealth Client. We also share details re: how to Maximize Social Security Income, reduce taxes during retirement and generate important retirement income. #ActiveWealth #Retirement #SocialSecurity #ROTHCONVERSION
    July 20th
    The Active Wealth Show
    Welcome to the Active Wealth Show
    Today we are going to talk about Maximizing Social Security Income, Reducing Taxes During Retirement and Generating Income During Retirement.
    But first as part of our new RELAUNCH Interview series, we are excited to talk with Richard Chastain, a great American who has served our country and currently serves our community as a volunteer policeman in Sandy Springs and a Shomer with Dresslers Jewish Funeral Care.
    In our RELAUNCH interview series, we interview pre-retirees and retirees to understand what great folks are doing during their retirement years to serve others.
    Segment 1: Interview with Richard Chastain, Shomer with Dressler’s Funeral Home and Active Wealth Client.
    Segment 2: How to Maximize Social Security
    Segment 3: How to reduce or even eliminate your Federal
    Income Tax During Your Retirement
    Segment 4: How to Generate Important Income During
    Retirement while also saving on advisory Fees
    July 20th – This Day in History Trivia:
    1983 British Open
    Golf, Royal Birkdale GC: Defending champion Tom Watson wins his 5th Open Championship, 1
    stroke clear of Andy Bean and Hale Irwin; Watson’s 2nd consecutive Open win and
    3rd in last 4
    1954 Construction of Disneyland commences
    1955 1st LPGA
    Championship, Orchard Ridge CC: Beverly Hanson wins by 3 shots from Louise Suggs
    1955 Arco, Idaho, becomes 1st US city lit by nuclear power1955 Disneyland televises its grand opening in Anaheim, California.
    1959 “North by
    Northwest” directed by Alfred Hitchcock and
    starring Cary Grant and Eva Marie
    Saint premieres in Los Angeles
    1979 Sebastian Coe runs world record 3:49 mile in Oslo
    1980 Ronald Reagan formally accepts Republican nomination for US president
    To receive a customized and complimentary retirement consultation feel free to call our office at 770-685-1777 or you can book your appointment directly into my calendar via THIS LINK. You and your spouse will get a free portfolio analysis and a free financial plan to your 95th birthday. We provide these financial reports on the front-end of our relationship with you to help you make an informed financial decision to create a successful retirement.
    48 min
  • Retail vs. Wholesale Investing, Three Main Ways to Invest for Retirement
    July 13th Active Wealth Radio Show
    Welcome to the Active Wealth Show Activators! Here’s a
    reminder, Activators are listeners to The Active Wealth Show who want to invest
    and retire successfully. They are looking for a tax-efficient, fee-efficient
    and market-efficient portfolio.
    I’m here with Christian our Executive Producer, hey
    Christian, how are you doing on this Saturday afternoon?
    OK, we’re going to talk about some important information in
    making your portfolio more efficient on today’s show.
    Segment 1 – Retail vs. Wholesale
    Segment 2 – Three Primary Ways that Pre-Retirees and
    Retirees Invest their hard-earned money
    Segment 3 – Developing a Smart and Balanced Investment Plan
    that has both Smart Risk and Smart Safe Strategies
    Segment 4 – The Results of a Smart Plan
    Also, I want to share that my goal with this show is to
    talk directly with you our loyal listeners. Christian will chime in too, we
    just want to share more usable information than any other financial show out
    there.
    FIRST TRIVIA:
    1923 The
    Hollywood Sign is officially dedicated in the hills above Hollywood, Los
    Angeles. It originally reads “Hollywoodland” but the four last
    letters are dropped after renovation in 1949
    SEGMENT 1:
    RETAIL BASED INVESTING
    Captive with a set menuWork for the company not the clientCompany’s best interest in mindGoal is to move up the commission gridNot held to fiduciary standardDoes not have client’s best interest in mind
    WHOLESALE BASED INVESTING
    Must add value to justify feesIndependent with no set menuHigh quality asset custodians Work for the client not the companyHeld to fiduciary standardClient’s best interest in mind
    2nd trivia:
    1930 1st-ever
    football World Cup competition begins in UruguayCONGRATULATIONS TO THE US WOMEN’S BACK-TO-BACK WORLD CUP WINNERS
    SEGMENT 2
    THREE PRIMARY WAYS PEOPLE INVEST
    NOT IN THE MARKET:
    Growth with Safety Market upsideLimited to no downsidePrincipal & gains protectionLow Cost 0% – 1% annual feeTime horizon: 7-10 yearsCan earn 5-7% per yearOptions for guaranteed income
    IN THE MARKET PASSIVE:
    Passive Investing100% Market gains100% Market lossesLow cost 1% annual feeTime horizon: 10-30 years2008: -38% 2009: +26%Invest $1,000,000 in 2008 then you would have
    lost $237,500 in market losses, sequence of returns and fees. That significant
    23.75% loss would have likely required you to make a significant lifestyle
    change as a retiree.
    IN THE MARKET TACTICAL
    Tactical Investing70% Market gains 40% Market lossesHigher cost 1.5% annual feeTime horizon: 6-8 years2008: -38% X .40 = -16.0%2009: +26% X .70 = +18.2% If you invested $1,000,000 in 2008 with Tactical
    Asset Allocation then you would have only lost $37,225.00 That loss would not
    have required you to make a lifestyle change
    SEGMENT 3
    SMART PLAN with a SMART and BALANCED investment plan that
    has SMART RISK and SMART SAFE built into the plan
    SMART RISK
    2007  2008                        2009
    Stocks                  34%                   3%                     36%
    Bonds                                       20%                 78%           &n
    48 min
  • 12 Ways to Optimize Your Portfolio
    Listen to EPISODE 4 of The Active Wealth Show to Learn 12 Ways to Optimize Your Portfolio! #ACTIVEWEALTH #Portfolio #Retirement
    July 6th
    Show:
    Welcome to The Active Wealth Show. Welcome to all of our
    Activators listening here in Atlanta or on our podcast on ActiveWealthShow.com
    or itunes or Google Play. Again, Activators are pre-retirees, retirees and
    business owners who want to invest more successfully, invest more efficiently
    and invest tax efficiently.
    And a big after 4th of July welcome to Christian,
    our Executive Producer. Hey Christian, how was your fourth of July?
    Great, we had a blast checking out the Fireworks in Cumming,
    GA. It was awesome.
    Today we are going to do our very best to get through my 12
    Ways to Optimize Your Portfolio. Also, if you want my FREE REPORT: 12 Ways to
    Optimize your portfolio, then feel free to call Diana in our office and she
    will email our 12 Ways to Optimize your portfolio” to your right away. You can
    send her an email at [email protected]
    or call 770-685-1777, that’s 770-685-1777.
    Ok let’s get right into these 12 ways to Optimize Your
    Portfolio.
    American Trivia:
    On July 4th, 1776 US Congress proclaims the Declaration of Independence and independence from Britain 1970 Casey Kasem‘s “American Top 40” debuts on LA radio 1831 “America (My Country ‘Tis of Thee)” is 1st sung in Boston
    Music Trivia:
    1957 John Lennon (16) & Paul McCartney (15) meet for 1st time as Lennon’s rock group Quarrymen perform at a church dinner on July 6th, 1957Sports Trivia2002 Wimbledon Women’s Tennis: Serena Williams beats older sister Venus 7-6, 6-3 for her first Wimbledon singles title on July 6th 2002.
    12 Ways to
    Optimize your Portfolio:
    Mutual Funds carry fees that will raise the expense ratio in your portfolio.
    Eliminate as many Mutual Funds from your portfolio as possibleMutual funds carry fees with them that you must pay, some up front and some fees that are charged in the form of 12B-1 fees (Marketing Fees) that are unnecessary. IMAGE [PIGGY BANK with $100 Bills Sticking out of it] There is a financial product that can deliver diversification at a much lower fee level. Also, an investor must wait to buy or sell a mutual fund at the end of the trading day at the Net Asset Value of the share of the Mutual Fund. Operating expenses can vary with different mutual funds. It’s not a good idea to invest in a financial product unless you clearly understand all of the fees you will pay in the future to own that product. Reducing the fees you pay for your investments is a sound way to generate a higher annual rate of return. See our #2 recommendation to optimize your portfolio. Invest in ETFs
    The Exchange Transfer Fund or ETF is a superior investment product to the Mutual Fund because it is more fee-efficient than Mutual Funds while also delivering investment diversification in a single product. An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur. ETFs can be traded during the trading day, they carry very low operating expenses, have no investment minimums unlike most mutual funds that require an investment minimum, they are tax-efficient and do not have sales loads. Reduce the Expense Ratio within your Portfolio
    Most people who come to see me in our office don’t know what an expense ratio is nor do they know how much they are paying in portfolio fees that do not show up on their monthly or quarterly statement. The expense ratio of a stock or asset fund is the total percentage of fund assets used for administrative, management, advertising (12b-1), and all other expenses. An expense rat
    48 min
  • Your Retirement Income Gap & Eight Ways to Bridge It
    Episode 3 details important strategies to solve your retirement gap
    Ford shares Eight important ways to solve your retirement income gap on this video episode of The Active Wealth Show. #Retirement #IncomeGap #Investing #RetirementIncome #RetirementIncome Gap
    RETIREMENT INCOME GAP REPORT
    Authored by: Ford Stokes, MBA and Your Chief Financial
    Advisor
    The retirement income
    gap is simply the difference between your budget and your guaranteed income
    sources. For example, if you have a budget that requires $5,000 per month
    of income in today’s dollars, and you have guaranteed income from social
    security and pensions of $3,000 per month then your gap is $2,000 per month.
    How to Determine and
    Plan to Close Your Retirement Income Gap:
    Determine SSA Income
    Available to You During Retirement at Various AgesEstimate Your Monthly
    Expenses
    (Two Months & Divide by Two)Research and Estimate
    Inflation as Measured By CPI-E. Consumer Pricing Index for the Elderly. Reduce Future Tax Risk
    with ROTH IRA Conversion or Life Ins.Plan for Loss of 33+%
    in SSA Income with Death of SpouseFollow the 4% Rule: Stay Invested (SMART
    RISK) to Outpace Inflation. 4% states that you should not withdraw greater than
    4% of your portfolio’s principal each year, if you can follow the 4% rule, you
    will likely not run out of money during retirement. Example: If you have a $1MM
    portfolio, then you can withdraw $40,000 each year and stay within the 4% Rule
    guideline. Please keep in mind that your Social Security income would be
    incremental to the $40,000 so if you had a $30,000 SSA Income benefit, then you
    would be able to live on $70,000 (less taxes) during retirement and still
    adhere to the 4% rule. Consider the Rule of
    100 & Potential Bond Replacement Strategy. The Rule of 100
    states that if you subtract your age from 100, then you will get the percentage
    of stocks you should in your portfolio or the risk percentage you should be
    taking during your retirement. Therefore, if you are 60 years old, you should
    only have 40% of your entire portfolio in Stocks or Equities. Many advisors
    have moved to the Rule of 120 to give retirees enough return to generate important
    grow to fund regular withdrawals necessary for retirement.Generate a Personal
    Pension
    (We Will Show You How) Investing in Fixed Indexed Annuities as a more
    fee-efficient bond replacement is a great strategy to generate a retirement
    income you cannot outlive, enjoy tax-deferred growth and Recalibrate Your Financial Plan Each Year
    Source:
    https://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2013/03/19/do-you-have-a-retirement-gap
    Retirement Income Gap Solutions
    Have you discovered a
    gap between the income you’d like to have in retirement and the income you
    think you’ll get based on your investments and current savings rate? It happens
    to lots of people.
    They have a number in
    mind about how much they need to save before they can retire. Sometimes they
    can get there and sometimes they can’t.
    As concerning as it
    might be to discover a retirement income gap, knowing it’s there is the first
    step in closing it — usually by increasing your income and assets, reducing
    retirement spending, or both.
    Here are eight ways to
    help close a gap and generate more wealth and more income during retirement.
    1. Save more while
    you’re still working. If you haven’t retired yet, then saving more now can mean
    more assets to draw on later in life. Larson says 15% of income is a commonly
    used target for the rate of retirement savings, though the exact rate will vary
    based on individual circumstances. “Having a higher savings rate earlier makes
    sense,” he says.
    2. Plan to spend less. Another way to
    help close a gap is to scale back your retirement spending plans. Do you really
    need the beach house and the RV? Ford Stokes advises dividing retirement
    expenses into two categories: fixed and necessary on one hand and discretionary
    expenses on the other. “You want
    48 min
  • Minimize RMDs, Reduce SSI Taxes & Maximize Social Security Income
    Audio of the edited show is great, but Video is even better! Learn how to minimize RMDs & retirement taxes. Ford also shares how to maximize Social Security Income on this Active Wealth Show.
    Ford shares his first Financial Headwind in his FIVE FINANCIAL HEADWIND SERIES. He also shares important information about Required Minimum Distributions and how to reduce taxes on your Social Security Income during your retirement. If you want to see how your retirement looks, we invite you to take our CONFIDENTIAL AND FREE FINANCIAL HEALTH QUIZ at ActiveWealthQuiz.com #ActiveWealth #RMDs #SSIncome #ReduceYourRetirementTaxes
    We invite you to schedule your FREE FINANCIAL CONSULTATION directly into FORD’S CALENDAR or call our office at 770-685-1777. You will get a FREE PORTFOLIO ANALYSIS and a COMPLIMENTARY FINANCIAL PLAN TO YOUR 95th BIRTHDAY!
    We encourage all of our listeners and clients to consult a tax professional when implementing any type of ROTH IRA conversion. Ford Stokes is not a CPA or tax professional. He is a Series 65 licensed investment adviser representative with Foundations Investment Advisers. Ford is also a fiduciary who wants to help you invest, financially plan and retire successfully.
    June 15th
    Show Outline
    Welcome to The Active Wealth Show, here on 920The Answer! I’m
    here with Christian Dooley, our Executive Producer.
    We have an important show for your retirement today.
    We are going to talk about Four things over the next hour:
    The first
    Financial Headwind in our series, THE FIVE FINANCIAL HEADWINDS and how to
    overcome them for your retirement. You can also get our FREE REPORT: THE FIVE
    FINANCIAL HEADWINDS just by calling our office at 770-685-1777. Diana in our
    office and ready to take your call, she will email your free report to you
    right away today. We will cover each of our Five Financial Headwinds over the
    next FIVE WEEKS starting with this week. The Three
    Types of Investment Accounts – Taxable, Tax-Deferred and Tax Advantaged. What are Required
    Minimum Distributions or RMDs and how will they affect your retirement. Social
    Security – how to maximize the money in your account vs. the money that is
    on your statement.
    Trivia Questions:
    Segment 1:
    1965 Bob Dylan records single “Like a Rolling Stone” (#1 in
    Rolling Stone magazine’s “500 Greatest Songs of All Time”) June 15,
    1965
    Low CD Rates, three types of Accounts – Taxable, Tax-Deferred
    and Tax-Advantaged
    SEGMENT 2: In Movie Trivia:
    1878 World’s first moving pictures caught on camera (used 12
    cameras, each taking 1 picture) done to see if all 4 of a horse’s hooves leave
    the ground
    RMDs
    Segment 3: This weekend is the US
    Open and it’s Also Father’s Day
    1980 US Open Men’s Golf, Baltusrol GC: Jack Nicklaus sets new tournament scoring record 272 (-8) to win his 4th
    Open title, 2 strokes ahead of Isao Aoki of Japan
    RMDs and intro of Social
    Security
    Segment 4
    June 15th
    Famous Birthdays:
    Courtney Cox – She is 54
    Years Old
    Helen Hunt is 55 years
    old
    Ice Cube is 49 Years Old
    Xi Jiping is 65 years old
    today – I hope our President will negotiate the best rade deal for the US with
    China. I pray for guidance for our President. A trade deal with China will
    definitely help the supply chain for companies here in the US and will give a
    great lift to the markets to resolve the current uncertainty. I support our
    President and wish him well!
    Social SecurityClose
    48 min
  • #1 Obstacle to Your Retirement and The #1 Solution
    Ford Stokes, Your Chief Financial Advisor with Active Wealth and Host of the Active Wealth Show shares the #1 obstacle to your retirement and the #1 solution to climb over that obstacle to a successful retirement. Here’s a hint: the Obstacle is TAXES and the Solution is a ROTH LADDER CONVERSION. #ROTHLADDER #ROTH CONVERSION #TAXES #RETIREMENT #INVESTING
    If a majority of your assets are in an IRA or 401K or a 403b or a 457 or a SEP IRA or a Simple IRA, then a ROTH LADDER CONVERSION will reduce the taxes you will pay during retirement. #ROTHLADDERCONVERSION #RETIREMENTTAXSAVINGS #IRA #401K #ROTHIRA
    Ford Stokes, Host of The Active Wealth Show and your Chief Financial Advisor talks about the top thing standing in the way of your retirement and THE SOLUTION for a successful retirement. (Hint: It will be TAXES and you should get a ROTH LADDER CONVERSION PLAN from Active Wealth Wealth Management, Inc. Send Ford an email at [email protected] to get started.
    June 8th
    Active Wealth Show Outline
    Introduction and
    Segment 1
    Welcome to The Active Wealth Show. This is our very first
    show on WGKA. We will be with you every Saturday afternoon from 2:00 – 3:00 PM
    to share important investing and retirement planning strategies so you can
    retire successfully.
    Our Producer, Christian Dooley is here with me today and
    will be with us on every show. Hey Christian, I’m glad you are here on The
    Active Wealth show, How are you today and what are your thoughts about the
    future of our show?
    I completely agree with you Christian. My goal is to have a
    one-on-one conversation with every pre-retiree and retiree listening to our
    show each week. I will share important strategies to help you protect and grow
    your wealth.
    Christian is going to play some great music for us and we
    will share some cool music, movie and sports trivia on every show just to keep
    things interesting.
    Also, I want to announce our first Educational Series. Over
    the Next Five Weeks, I will share One of Five Financial Headwinds that
    pre-retirees and retirees will face over the next 30+ years during their
    retirement. So NEXT WEEK I will share Financial Headwind #1 at the start of
    Next Week’s Show. You don’t want to miss learning about this potential obstacle
    that could negatively impact your retirement. I will also share a strategy to
    combat this financial headwind during next week’s show.  
    So here’s a quick
    Outline for today’s show:
    We will talk about your Vision for Your
    Retirement in this First SegmentSegment
    Two – We will share important details on the #1 Obstacle every Pre-Retiree
    and Retiree will face during retirement and what you can do about it. Segment
    Three – The ONE STRATEGY to be more Efficient during your retirementSegment
    Four – I will share
    So First, I want to start our Active Wealth Show right here
    on WGKA right with a positive planning session for your retirement. You Ready
    Christian?
    (Yes Ford, lay it on us, I love positive planning stuff. I
    bet this is going to be important for laying the groundwork for folks’
    retirement.  You have had a lot of
    strategic planning experience, so I’m intrigued to hear you are going to lead
    folks down a path to a more successful retirement.”)
    Thanks Christian, now I am going to talk directly to you
    listening to our show right now.
    I want to start talking about your individual retirement.
    Retirement goes way beyond how big of portfolio value you have grown. I’m about
    to over-step my bounds as a financial advisor and ask some direct and
    potentially personal questions about the future of your retirement just to help
    you create the most successful retirement possible for you, your spouse and
    even your family.
    So I want you to think about your retirement as you are
    driving around in Atlanta or North Georgia or anywhere you live if you are
    listening to our podcast on ActiveWealthShow.com or iTunes or Google Play,
    etc…
    Who Are You With?
    What Are You Doing?
    48 min

About Active Wealth Show

From the publisher's feed

Welcome to The Active Wealth Show Podcast! Your Host is Ford Stokes, Founder and CEO with Active Wealth Management. Ford is passionate about educating pre-retirees, retirees and business owners on how to retire successfully. You will learn key strategies to protect and grow your wealth. As a fiduciary, Ford is committed to helping retirees hold onto more of their hard-earned wealth and is a big advocate for ROTH IRA LADDER CONVERSIONS to help his clients reduce the total taxes they will be required to pay during their retirement. With $22 Trillion in US National Debt, Ford and many other economists believe that it is likely that taxes will increase in the future. Ford will help you formulate an investment plan that will work well for your retirement. If you are looking for a TAX-Efficient, Fee-Efficient and Market Efficient Portfolio then you are listening to the right Financial Podcast!