Capital Conversations

People come to Correct Capital – or any financial planner – for our insights and advice. But, for our services to be most effective, it’s important for us to hear back from our clients. In this episode of Capital Conversations, we delve into the findings of our recent 401(k) participant survey to see what’s most important in the mind’s of those saving for retirement.

At Correct Capital, we take pride in our commitment to providing valuable insights to our clients, and this annual survey allows us to better serve them. In this first part of a two-part series, we'll explore the top three participant responses from this year's survey, from spending habits amidst challenging times to taking advantage of Roth contributions.

Correct Capital is an independent, privately held wealth advisory firm offering independent, objective, unbiased investment and financial planning services to St. Louis area businesses, individuals, and families. As a fiduciary wealth management advisory, we prioritize our clients and their own financial journeys. No matter where you are in life, we are here to help you plan for today, tomorrow, and your future.

Learn more about our areas of expertise, including:

*Legal Disclaimer: The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. Correct Capital Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Correct Capital Wealth Management and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Correct Capital Wealth Management unless a client service agreement is in place.

Of the many questions you should ask yourself when you’re planning for retirement, few may be more important than asking yourself where you’re going to live. Bankrate recently released its list of the five best and worst states to retire in in 2023, based on 5 weighted criteria:

In this episode of Capital Conversations, hosts John Biedenstein and Steve Paulus discuss what states they knew would be on Bankrate’s list and which ones they didn’t expect to see. The best place for you to retire is based on your specific retirement needs and goals.

About Correct Capital Wealth Management: As life becomes complex, having someone you trust to ensure that you are making all the right financial moves is invaluable. At Correct Capital, we provide a client-centric experience tailor-made to fit your needs. See for yourself how the freedom and flexibility of an independent financial advisor can help you on your financial journey.

Learn more about our services:

Financial Advisors: https://correctcap.com/our-services/financial-advisor/

Retirement Planning: https://correctcap.com/our-services/retirement-planning/

Portfolio Management: https://correctcap.com/our-services/portfolio-management/

401(k) Services: https://correctcap.com/our-services/401k-services/

Fiduciary Advisor: https://correctcap.com/our-services/fiduciary-advisor/

Tax Planning Services: https://correctcap.com/our-services/tax-planning/

401(k) Rollover Planning: https://correctcap.com/our-services/401k-rollover/

Financial Planner: https://correctcap.com/our-services/financial-planner/

Get in Touch: https://correctcap.com/contact/ or call us at 314-930-401(k)

Legal Disclaimer: The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

Effective retirement planning requires a disciplined approach to ensure your money is grown, spent, and saved in accordance with your goals. But disciplined doesn’t mean rigid. In uncertain times smart retirees need to modify their spending behavior to ensure their financial situation stays stable.

In this episode of Capital Conversations, hosts John Biedenstein and Steve Paulus share some new research and explore how retirees should approach the classic 4% withdrawal rule and their income planning given the current market declines.

About Correct Capital Wealth Management: As life becomes complex, having someone you trust to ensure that you are making all the right financial moves is invaluable. At Correct Capital, we provide a client-centric experience tailor-made to fit your needs. See for yourself how the freedom and flexibility of an independent financial advisor can help you on your financial journey.

Learn more about our services:

Financial Advisors: https://correctcap.com/our-services/financial-advisor/

Retirement Planning: https://correctcap.com/our-services/retirement-planning/

Portfolio Management: https://correctcap.com/our-services/portfolio-management/

401(k) Services: https://correctcap.com/our-services/401k-services/

Fiduciary Advisor: https://correctcap.com/our-services/fiduciary-advisor/

Tax Planning Services: https://correctcap.com/our-services/tax-planning/

401(k) Rollover Planning: https://correctcap.com/our-services/401k-rollover/

Financial Planner: https://correctcap.com/our-services/financial-planner/

Get in Touch: https://correctcap.com/contact/ or call us at 314-930-401(k)

Legal Disclaimer: The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

The journey towards a stable and fulfilling retirement can be complex and filled with uncertainties, especially given recent inflation and an underperforming market. Whether you've begun your golden years or are still investing and planning your retirement, the questions never seem to cease.

What are the biggest questions in your mind when it comes to planning or thriving in your retirement? Correct Capital Wealth Management's Colin Day and John Biedenstein tackle some of the most pressing and current questions and concerns soon-to-be and current retirees face today.

From the market and economy to social factors, Day and Biedenstein explore the uncertainties that impact your investment and retirement funds. In this episode, they cover fluctuations in the market and how to know what you don't know. Discover the importance of proactive planning and gain valuable insights from the advice of seasoned financial professionals. Don't let uncertainty hinder your retirement dreams – tune in to Capital Conversations for essential financial insights.

In Part 3 of this series, we focus on two of the biggest questions retirees and soon-to-be retirees ask:

Check out Part 1 and Part 2 of these series for the answers to other retirement planning FAQs.

About Correct Capital Wealth Management: As life becomes complex, having someone you trust to ensure that you are making all the right financial moves is invaluable. At Correct Capital, we provide a client-centric experience tailor-made to fit your needs. See for yourself how the freedom and flexibility of an independent financial advisor can help you on your financial journey.

Learn more about Correct Capital by clicking links below:

Legal Disclaimer: The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

We've all been through a lot these past couple of years. For those of us who are living in retirement or are planning to retire soon, these unprecedented events unavoidably spur uncertainty about the future.

What are the biggest questions in your mind when it comes to planning or thriving in your retirement? Correct Capital Wealth Management's Colin Day and John Biedenstein tackle some of the most pressing and current questions and concerns soon-to-be and current retirees face today.

From the market and economy to social factors, Day and Biedenstein explore the uncertainties that impact retirement planning. In this episode, they delve into the questions surrounding the ability to retire and the potential impact of inflation on retirement funds. Discover the importance of proactive planning and gain valuable insights from their expert advice. Don't let uncertainty hinder your retirement dreams – tune in to Capital Conversations for essential financial insights.

In Part 2 of this series, we focus on two of the biggest questions retirees and soon-to-be retirees ask:

Join us for answers to more questions in the next episode, Part 3 of this series.

About Correct Capital Wealth Management: As life becomes complex, having someone you trust to ensure that you are making all the right financial moves is invaluable. At Correct Capital, we provide a client-centric experience tailor-made to fit your needs. See for yourself how the freedom and flexibility of an independent financial advisor can help you on your financial journey.

Learn more about Correct Capital with the links below:

Legal Disclaimer: The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

Colin Day of Correct Capital Wealth Management compares common Financial Adviser answers from ChatGPT vs a Real World Professional. In this video, we asked ChatGPT "Is cryptocurrency appropriate for 401K accounts?"

About Correct Capital Wealth Management

⁠Correct Capital⁠ is an independent, privately held wealth advisory firm offering independent, objective, unbiased investment and financial planning services to St. Louis area businesses, individuals, and families. As a fiduciary wealth management advisory, we prioritize our clients and their own financial journeys. No matter where you are in life, we are here to help you plan for today, tomorrow, and your future.

Our seasoned fiduciary advisors leverage the best technology platforms and investment research to develop your custom financial plan. We design sound wealth management plans that meet you where you are now and can help you reach your financial goals. Whether you are years away from retiring, approaching retirement, or are currently enjoying retirement, we can help you take advantage of opportunities in the present to obtain peace and security for your future.

Learn more about our areas of expertise, including:

Or reach out to our financial planners directly by ⁠contacting ⁠us online.

*Legal Disclaimer: The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.  Correct Capital Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Correct Capital Wealth Management and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Correct Capital Wealth Management unless a client service agreement is in place.

About Correct Capital Wealth Management

⁠Correct Capital⁠ is an independent, privately held wealth advisory firm offering independent, objective, unbiased investment and financial planning services to St. Louis area businesses, individuals, and families. As a fiduciary wealth management advisory, we prioritize our clients and their own financial journeys. No matter where you are in life, we are here to help you plan for today, tomorrow, and your future.

Our seasoned fiduciary advisors leverage the best technology platforms and investment research to develop your custom financial plan. We design sound wealth management plans that meet you where you are now and can help you reach your financial goals. Whether you are years away from retiring, approaching retirement, or are currently enjoying retirement, we can help you take advantage of opportunities in the present to obtain peace and security for your future.

Learn more about our areas of expertise, including:

Or reach out to our financial planners directly by ⁠contacting ⁠us online.

*Legal Disclaimer: The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.  Correct Capital Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Correct Capital Wealth Management and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Correct Capital Wealth Management unless a client service agreement is in place.

About Correct Capital Wealth Management

⁠Correct Capital⁠ is an independent, privately held wealth advisory firm offering independent, objective, unbiased investment and financial planning services to St. Louis area businesses, individuals, and families. As a fiduciary wealth management advisory, we prioritize our clients and their own financial journeys. No matter where you are in life, we are here to help you plan for today, tomorrow, and your future.

Our seasoned fiduciary advisors leverage the best technology platforms and investment research to develop your custom financial plan. We design sound wealth management plans that meet you where you are now and can help you reach your financial goals. Whether you are years away from retiring, approaching retirement, or are currently enjoying retirement, we can help you take advantage of opportunities in the present to obtain peace and security for your future.

Learn more about our areas of expertise, including:

Or reach out to our financial planners directly by ⁠contacting ⁠us online.

*Legal Disclaimer: The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.  Correct Capital Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Correct Capital Wealth Management and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Correct Capital Wealth Management unless a client service agreement is in place.