Don Sowa's MoneyTalk

By Cumulus ProvidenceBusiness

Don Sowa's MoneyTalk episodes

January 22, 2024 Is It Time to Bury the 4% Rule?
One of the most well known retirement planning rules of thumb is the 4% rule, which states that the average person can withdraw up to 4% of their portfolio per year in retirement, adjusted for inflation, without running out of money. Donna and Nathan discuss the thought process and inherent flaws of this theory.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 1/18/2024.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
January 18, 2024 The Bucket Strategy
In retirement planning, the bucket strategy separates your sources of retirement income into 3 “buckets”: Your dependable income such as Social Security and defined benefit payments, your pretax retirement assets, and your taxable accounts, allowing you to draw from your assets in the most efficient manner possible. Donna and Nathan discuss the considerations involved when drawing income from each of your retirement savings buckets.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 1/16/2024.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
January 16, 2024 Can We Be More Productive By Working Less?
As much as we talk about the importance of work/life balance, professionals across numerous industries continue to work arduous hours just to remain competitive in their respective careers. Nathan invites CPA and author John Briggs back to the show to discuss his new book, “The 3.3 Rule: The New Workday Standard of Creating More by Working Less”, and the science behind his proposal for employers to require 20 minutes of rest for every hour of work.

Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: John Briggs, CPA; Air Date: 1/12/2024.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
41 min
January 12, 2024 The Push for Financial Literacy
As the financial system grows in complexity, and transactions become more and more effortless, the need for a focus on financial literacy has become increasingly important. Donna and Nathan advocate for more of an intentional approach to financial literacy in our schools. Also on MoneyTalk, common myths about 401Ks.
This recording is intended strictly for educational purposes only and is not a recommendation for or against cryptocurrency.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 1/11/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
January 11, 2024 The Value of Financial Planning
Financial planning is about defining and prioritizing your goals and values and developing a roadmap to help guide you through the decisions that lie ahead. Donna and Nathan take us through the steps in the financial planning process and discuss how working with a fiduciary can help you take the reins on your future retirement.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 1/9/2024.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
January 09, 2024 Anatomy of an Estate Plan: Alternate Valuation Date
Estate planning tends to focus on minimizing overall tax burden, and when dealing with large estates the small details can make all the difference. Donna discusses one particular aspect of inheritance planning: the difference between using date of death vs alternate valuation date. Also on MoneyTalk, SEP vs SIMPLE IRAs, and sequence of returns Risk.

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 1/8/2024.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
January 08, 2024 Advanced Social Security Planning
Government programs are often complicated, and social security is a prime example. Donna and Nathan discuss some advanced social security questions, including whether claiming your social security benefit disqualifies you from claiming your spousal or survivors benefit, how claiming a divorced spouse’s benefit impacts your ability to claim another spousal benefit down the road, and more. Also on MoneyTalk, determining your appropriate withdrawal rate for retirement.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 1/4/2024.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
January 04, 2024 Communicating with Your Beneficiaries
When people pass money on to their heirs, too often they neglect to discuss their intentions with their beneficiaries prior to death, leaving them unprepared for the important decisions that lie ahead. Donna and Nathan discuss issues around estate planning and inheriting money. Also on MoneyTalk, questions you should be asking your financial advisor.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 1/2/2024.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
January 03, 2024 Degrees of Risk
In a high interest rate environment, managing risk becomes increasingly complicated and vastly important. Donna and Nathan explain the concept of a risk ladder, and how it can be used to achieve your desired level of portfolio diversification. Also on MoneyTalk, the benefits and limitations of education savings vehicles.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 12/28/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
December 29, 2023 2023 Winners and Losers
With 2023 coming to a close, Nathan and Steve take us through some of the market trends that have capped off the year, including the disparity between the performance of the 10 biggest stocks and the market at large, the gradual flattening of the inverted yield curve, and the banner year we’ve had in precious metals. Also, our MoneyTalk Moment in Financial History covers the story of the Match King, Ivar Kreuger, and his contributions to the securities industry.

Hosts: Steven Beauvais & Nathan Beauvais CFP®, CIMA®; Air Date: 12/27/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min