Don Sowa's MoneyTalk

Social Security is one of those universal retirement topics that touches just about everyone, and as such we like to give it its proper attention here on the MoneyTalk show. Nathan covers the information you need to know around Social Security rules, legislation, and the history of the program’s implementation. Also on MoneyTalk, lessons from Hans Roseling’s book, “Factfullness: Ten Reasons Why We’re Wrong About the World, and Why Things Are Better Than You Think.”

Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 5/10/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

Even if you know all of the rules that govern Traditional and Roth IRAs, deciding on which to use and how to use them can still be a difficult one. Donna and Nathan discuss the differences between Traditional and Roth IRAs, and the types of questions you should be asking yourself when deciding how to incorporate them into your retirement planning. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/9/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

The motivation to start your financial plan often comes after big life events, such as the start of a new career, your first child, marriage, or divorce, but if your upcoming retirement is the life event that kick starts your planning, you may find yourself behind the 8 ball. Donna and Nathan discuss the importance of prioritizing financial planning while time is still on your side. Also on MoneyTalk, Donna zeros in on one of the more complex areas of financial planning that people tend to put off, estate planning.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/6/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

When you get a new job and are told about the company 401(k), you likely have a good idea of how it works. But if your company offers one of the less common types of employer sponsored retirement plans, you may be left with more questions than answers. Donna and Nathan discuss Employee Stock Ownership Programs, how they differ from traditional retirement plans, and how they can be incorporated into your broader retirement portfolio if available. Also on MoneyTalk: 457 plans, Mega Backdoor Roth IRAs, and Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/2/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

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, developing a diversification mindset, and Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/30/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

Retirement planning tends to be disproportionally focused on finances, when one of the biggest issues that retirees struggle with is how to spend their time. Donna discusses retirement lifestyle management, as well as healthcare, income planning, and taxes. Also on MoneyTalk, considerations for a second home in retirement, and prioritizing savings goals.

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 4/29/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

We typically only hear about bonds when we experience spikes in interest rates or inflation, but understanding how bonds work helps us to better understand how the economy functions. Nathan takes us through 10 things you should know about bonds. Also on MoneyTalk, lessons from Ben Carlson’s book, “Don’t Fall For It: A Brief History of Financial Scams”, and the pros and cons of 401Ks.

Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 4/26/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

Gone are the days where retirement leads directly into a life of full time grand-childcare and quiet reflection. Today’s retirees are seeking a final act rich with community engagement where they can spend their time on activities that reflect their specific values. Donna and Nathan discuss how the trend of niche retirement communities is reshaping expectations of incoming retirees. Also on MoneyTalk, income planning strategies to minimize retirement health insurance premiums, and Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/25/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

At age 18, we are put in a position to make financial decisions that we don’t fully understand, and some quickly learn how a few small mistakes can carry long term consequences. April is Financial Literacy Month, and in this episode, Donna and Nathan discuss topics geared towards young adults, including: career planning, managing student loans, and responsible use of debt. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/23/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!

See omnystudio.com/listener for privacy information.

Each decade of our adult lives brings its own unique set of financial challenges, so as important as planning for retirement is, a good financial plan seeks to anticipate our coming needs in each stage along the way. Donna takes us through some of the financial priorities that turn up in our 40s, 50s and 60s. Also on MoneyTalk, how to determine if you need a trust.

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

See omnystudio.com/listener for privacy information.