Don Sowa's MoneyTalk

Once you turn 50, you enter a new phase of working life where the window begins closing for you to make decisions that will have a meaningful impact on your retirement. Donna and Nathan discuss some of the challenges and concerns that you may expect to face in your 50s, and strategic moves you can make to put you in the best possible footing for retirement. Also on MoneyTalk, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 11/26/2024; Original Air Date: 5/23/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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When we plan for retirement, we tend to spend the majority of our time thinking about money, but research shows that there is much more to a happy retirement than dollars and cents. Nathan interviews Morningstar columnist Christine Benz, author of âHow to Retire: 20 Lessons for a Happy, Successful and Wealthy Retirementâ, to discuss perspectives from thought leaders on what contributes to a truly successful retirement. Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: Christine Benz, Morningstar; Air Date: 11/22/2024; Original Air Date: 11/1/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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During this holiday season, if you are planning on giving monetary gifts to your loved ones, it is important that you do so as part of an overall gifting strategy. Donna and Nathan discussed annual and lifetime gift tax limits, and how to properly record your activity with the IRS. Also on MoneyTalk, managing competing goals, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 11/21/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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You may have heard the saying, “if it bleeds, it leads”, reflecting the fact that negative news gets far more attention than positive, and this phenomenon rings especially true in the financial markets. Donna and Nathan discuss how our tendency toward pessimistic thinking drives our investing decisions. Also, on our MoneyTalk Moment in Financial History, how the Russian Revolution set the table for the reemergence of totalitarian rule in Russia. Hosts: Donna Sowa Allard, CFP®, AIF®, Nathan Beauvais, CFP®, CIMA® & Steven Beauvais; Air Date: 11/20/2024; Original Air Date: 5/25/2023 & 9/20/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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When you buy a home it can be a moment of great pride, but the allure of homeownership can also lead us into a financial hole that might’ve been avoided had you chosen to rent instead. Donna and Nathan discuss considerations for those trying to decide on whether to rent or to buy. Also on MoneyTalk, saving for needs other than retirement, and Roth conversion planning. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 11/18/2024; Original Air Date: 4/30/2024 & 7/11/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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Ever since the advent of index funds and ETFs, the industry has debated the value provided by mutual fund managers, especially with passive alternatives available at lower cost to investors. Donna and Nathan consult the data and discuss the benefits and drawbacks of active and passive investments. Also on MoneyTalk, how the sunk cost fallacy can lead to compounding losses. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 11/15/2024; Original Air Date: 3/28/2023 & 12/20/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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We try to take a calculated approach to decision making with our money, but more often than not, those decisions are driven by emotions. Donna and Nathan look at recent investor statistics through the lens of behavioral finance and explain the role the investment advisor can play in helping to offset some of our counterproductive tendencies. Also on MoneyTalk, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 11/14/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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During periods of global unrest, it is not uncommon to find investors decreasing their risk exposure, but when it comes to your retirement accounts there is an important distinction between moving into cash, and cashing out your portfolio. Steve and Nathan explain the importance of avoiding tax consequential decisions in response to current events. Also, our MoneyTalk Moment in Financial History gets into the history of war time financial markets. Hosts: Steven Beauvais & Nathan Beauvais CFP®, CIMA®; Guest: Daniel Sowa; Air Date: 11/13/2024 (Original Air Date: 11/8/2023). Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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December deadlines are fast approaching, and we’re here to help you put a bow on your finances so you can settle in and enjoy your holidays. Donna discusses items to consider for your year-end planning checklist, such as gifting, payroll deferrals, charitable giving, RMDs, portfolio rebalancing, and more. Also on MoneyTalk, features and benefits of different types of annuities. Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 11/11/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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The reverse mortgage has been around for over 60 years, but because of some early abusive sales tactics and its highly vulnerable target market, the product remains shrouded in controversy and misunderstanding. Donna and Nathan have a conversation with reverse mortgage expert, Garrett Duffy, to uncover some common misconceptions about reverse mortgages, and explain who should and shouldn’t consider them as part of their retirement income plan. This material is intended for informational educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation. Reverse mortgages are subject to risk, including possible foreclosure, high fees, and interest payments, and they may negatively affect your eligibility for various state and federal benefits. Please contact your financial professional for more information specific to your situation. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Special Guest: Garrett Duffy, Supreme Lending; Air Date: 11/8/2024. Original Air Date: 10/27/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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