Don Sowa's MoneyTalk

Statistics show that one member of each retired couple will need some sort of end of life care, and your standard health coverage may fall short of those needs. Donna and Nathan discuss the mechanics of long term care insurance policies, and how to determine what kind of policy may be right for you. Also on MoneyTalk, the challenges of retiring in a down market, and Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 10/17/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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Since the passing of the SECURE Act 2.0, the IRS age trigger for required minimum distributions has been raised to 73, but having a little extra time to grow your assets doesn’t necessarily mean there will be more money left when you pass. Donna and Nathan discuss RMD planning, and how to use the rules to your maximum benefit. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 10/15/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

See omnystudio.com/listener for privacy information.

Retirement planning, at its essence, is about saving money, but a well developed retirement plan is constructed in phases, each with its own unique set of focuses and priorities. Donna discusses how to execute each stage of your retirement plan. Also on MoneyTalk, when does it make sense to take social security early?

Host: Donna Sowa Allard, CFP®, AIF®; Original Air Date: 4/22/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

See omnystudio.com/listener for privacy information.

If you ask people how they think the economy is doing, you may get a wide range of responses depending on who you ask. To drill down on this question, Donna and Nathan invite JP Morgan Chief Market Strategist for the Americas, Gabriela Santos, to the program to talk about Fed rate policy, labor markets, inflation, housing, and more. Also, on our MoneyTalk Moment in Financial History we tell the story of how Charlie Merrill contributed to the democratization of the stock market and the rise of the American middle class.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Guest: Gabriela Santos, JP Morgan; Air Date: 10/9/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

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Let’s be honest, none of us like thinking about our mortality, and unfortunately this can lead to procrastination with addressing important estate planning matters. Donna and Nathan discuss some of the more common estate planning mistakes and some simple steps you can take ensure that your assets are protected for the long haul. Also on MoneyTalk, and Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Original Air Date: 7/25/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

They say opposites attract, but when partners have opposing money philosophies and risk tolerances, combining your finances into a strategy that serves both parties’ needs can be a daunting task. Donna and Nathan discuss the importance of compromise when managing household assets. Also on MoneyTalk, big mistakes made by some history’s most iconic investors.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 10/2/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

The MoneyTalk show was created for our listeners, and much of its best content comes directly from those listeners. In this episode, Donna and Nathan tackle some great listener questions on the differences between Coverdell education savings accounts and 529s, identifying good opportunities for Roth conversions, and how the Income Related Monthly Adjustment Amount impacts Medicare recipients. Also on MoneyTalk, and Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 10/1/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

It’s easy to get overconfident when it comes to investing, particularly if you’ve made a big call that panned out, but far more often human nature drives us to make losing decisions when we believe that we’re smarter than the herd. Donna and Nathan discuss some common ways people lose money in the market. Also on MoneyTalk, understanding volatility, and Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 9/26/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

When we plan our retirement spending, some tend to lean towards the conservative due to the fear of running out of money. But history tells us that markets don’t drop to 0, and being overprotective of your nest egg may result in a lower quality of living than you deserve. Donna and Nathan talk about why it’s important not to leave joy on the table in retirement. Also on Money Talk, getting wealthy vs. staying wealthy, and Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 9/24/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

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That 10 year stretch of time leading up to retirement is a critical period when your strategic retirement plan gets accelerated to get you to your goal, and how you choose to focus your efforts and resources will make all the difference. Donna runs through 10 questions you should be asking yourself when planning for your final approach to retirement.

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 9/23/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.