Coasting In Retirement with Josh Null

Josh is here today to discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast with JD Gardner.

Takeaways

• When someone refers to value stocks, technically they are referring to companies that have a share price below what their fundamentals say it should be
• There are differences in tradability, tax efficiency and transparency between ETFs and Mutual Funds
• On average , stocks performed best during periods of stagnant inflation

Josh is here today to discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast with Will Steih.

Takeaways

• Along with financial advice, the show discusses lifestyle topics like travel, leisure activities, health and wellness, and overall well-being in retirement.
• Diversifying investments, minimizing taxes, managing cash flow, and preparing for unexpected events.
• Navigating the changing economic landscape and adapt to new trends in retirement planning.

Michelle and Josh are here today to discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast.

Takeaways:

• May Day park area, you can paddle board or kayak a lot of the creeks that feed Mobile Bay
• 11 Reasons You'll Fall in Love with Fairhope, Alabama
• Foley Beach Express Bridge tolls are set to end at noon on May 23rd

Josh is here today to discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast with more exciting news and Providence Partners!

• Coasting in Retirement in the running for the Lagniappe Nappies best radio show
• Long term care can protect your savings and lend you peace of mind for loved ones
• 65 year old couple if waiting 10 years, on average their premiums would double

Josh is here today to discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast, but in this episode some exciting news!

Rerun Takeaways:

• Expanding the Gulf Coast Financial Advisors team
• T-bills and Treasuries are at or below their rates from a month ago, and its appears the bashed-in bond market is finally recovering, or at least, we're aren't hearing about an inverted yield curve at the moment
• When it comes to your retirement accounts, it's not about the next "to the moon" stock with shaky financials, it's not crypto or something very risky that you barely understand, at the end of the day you should be able to look at your statement and recognize the names of many of the companies you see
• the CPI came in low enough at 3.2% increase

Michelle and Josh are here today to discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast.

Takeaways:

• An index mutual fund provides broad market exposure, low operating expenses, and low portfolio turnover
• The costs of fund management should be reflected in the fund's expense ratio
• that market returns that everyday investors do earn from investing in index funds are lower than the returns they would get from the market if index funds didn't exist at all

Michelle and Josh are here today to discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast.

Takeaways:

• QLAC stands for Qualified Longevity Annuity Contract, and what it does is allow retirees to take either no more than 25% or $200k of their qualified plan assets and invest it into a deferred income annuity
• The average rate of return matters over a period of time, but what matters more is the timing of those returns
• the worst overall portfolio performance would have actually been from 1973-1974, when the stock market was down 37% combined with 22% inflation, resulting in a negative 59% real return

Michelle and Josh are here today to discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast.

• Most financial planners shoot for a 4-5% withdrawal rate, but many would argue for even a 3% rate to be safe
• Studies show where retirees tend to spend the most money in the first part of their retirement, then eventually reduce spending through things such as less travel or large purchases, then ramp up spending again towards the end of retirement, often due to health expenses. It's called the "Retirement Spending Smile"
• Delaying Social Security benefits to age 70 instead of 62 increases monthly benefits by 77% in inflation-adjusted terms

Today your host Josh and co-host Michelle talk about what you should do with your 401k when you retire.

Takeaways:

• One sign you have a bad 401k plan is high fees, or costs
• If your 401k plan sends you a check for a rollover, you have up to 60 days to deposit it into an IRA or you'll owe income taxers, – if you're rolling over a pre-tax 401k, it has to go into a pre-tax traditional IRA
• If you do a Roth Conversion of a pre-tax account and pay all or most of the taxes due up front, you need to have enough of a time horizon for your investments to make up the amount of money paid in taxes

Today your host Josh and co-host Michelle discuss financial topics relevant to those of you in or near retirement living your best life along our part of the gulf coast.

Takeaways:

• Stocks – that is Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla – ended the year up 74%, versus 12% for the rest of world's companies
• Consumers bought $9.7 billion of Single Premium Immediate Annuities, or SPIAs, and $2.8 billion of Deferred Income Annuities, or DIAs, which sounds like a lot until you compare that to the $39 billion in sales of variable annuity, or VAs, and the $71 BILLION in sales of fixed indexed annuity, or FIAs
• The market spent the last 7 weeks of 2023 in an "everything rally" while Chairman Powell unexpectedly and dramatically reversed course, saying that rate decreases are now actually part of the plan for 2024