Element Wealth Radio with Jeremy Nelson

In this conversation, Jeremy Nelson and Gary Nolan discuss essential strategies for retirement planning, emphasizing the importance of saving early, understanding income sources, and making informed investment decisions. They explore various principles of financial planning, including the significance of diversification, the impact of taxes, and the necessity of a customized approach to retirement. The discussion also includes practical steps to achieve a successful retirement and addresses common scenarios that retirees may face.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

In this episode of Element Wealth Radio, Gary Nolan and Jeremy Nelson discuss the multifaceted nature of retirement planning. They emphasize the importance of creating a comprehensive financial game plan that includes assessing current financial situations, planning for healthcare costs, understanding social security benefits, and developing a tax-efficient income strategy. The conversation also touches on the role of AI in financial planning, the necessity of diversifying income sources, and preparing for unexpected expenses in retirement. Lastly, they highlight the significance of longevity planning in ensuring financial security throughout retirement.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

The conversation discusses recent financial headlines and their impact on retirement planning. The first article highlights a retirement disconnect among Americans of all generations, with declining expectations and increasing pessimism. The second article warns about a ticking time bomb in retirement savings due to taxes, and suggests strategies to minimize the impact. The third article reveals that many Americans have financial regrets about retirement, particularly not starting to save early enough. The fourth article explores the fear of retirement among working Americans, who worry about running out of money. The final article discusses the lack of understanding about Social Security benefits in retirement. Retirement marks a new chapter in life filled with opportunities for relaxation, exploration, and personal fulfillment. However, financial security remains a key concern for retirees making wise spending decisions essential.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

The conversation focuses on the challenges of retirement and provides financial and happiness pointers for a fulfilling retirement. The main themes include revisiting retirement budgets, maximizing Social Security benefits, reviewing investment portfolios, exploring tax-efficient withdrawal strategies, creating a healthcare plan, finding purpose and meaning, staying connected, maintaining a healthy lifestyle, embracing lifelong learning, pursuing travel and adventure, and giving back to the community. In this conversation, Jeremy Nelson and Gary Nolan discuss a modern twist on the classic Cinderella story, highlighting the importance of understanding the sequence of returns in retirement planning. The conversation emphasizes the importance of managing sequence of return risk and the need for a balanced and diversified portfolio in retirement planning.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

In this conversation, Jeremy Nelson and Gary Nolan discuss four hard lessons learned by monarchs about money and how they can be applied to retirement planning. The lessons include not relying on one-time financial gains, avoiding procrastination in addressing financial problems, avoiding emotional spending, and listening to experts. They also explore the use of 80s songs to symbolize key elements of retirement planning, such as staying optimistic, seizing opportunities, monitoring and reviewing the retirement plan, finding balance between present needs and long-term goals, and making informed decisions. In this segment, Gary Nolan and Jeremy Nelson discuss retirement planning and the nine steps to a successful retirement. They also discuss the advantages of exchange-traded funds (ETFs) over mutual funds, including tax efficiency, intraday trading, and lower fees. Listeners are encouraged to reach out to Jeremy and his team at Element Wealth for a second opinion on their retirement plans.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

The conversation explores the intersection of presidential races and economic policies and how they could affect financial futures, especially for retirees. The hosts discuss the economic policies of past presidents, including Jimmy Carter, Ronald Reagan, Bill Clinton, George W. Bush, Barack Obama, Donald Trump, and Joe Biden. They highlight the importance of living within one's means, saving consistently, tracking spending, not neglecting financial planning, avoiding procrastination, having a budget or spending plan, and seeking financial education. In this conversation, Jeremy Nelson discusses various financial topics, including scams, retirement planning, inflation, and the possibility of a recession. He advises listeners to have a robust financial safety net and diversify their investments. The conversation concludes with a discussion on the chances of a recession and the need for a customized financial plan.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

Planning for retirement can be daunting, but knowing the pitfalls can make all the difference. From delaying your planning to underestimating your future costs, these missteps can significantly impact your retirement. We'll show you some proactive strategies to sidestep these common errors and secure a comfortable and stress-free retirement. In this conversation, Jeremy Nelson and Nolan discuss various aspects of retirement planning. They emphasize the importance of managing risk and having a plan that provides stability and peace of mind. They also highlight the significance of working with a fiduciary who acts in the client's best interest. Other topics covered include financial goals, income sources, savings and investments, budgeting and expense management, healthcare and insurance, tax planning, and longevity risk. The conversation concludes with a discussion on annuities and addressing listener questions.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

n this conversation, Jeremy Nelson and Gary Nolan discuss important considerations for individuals who are five years away from retirement. They cover topics such as conducting a financial review, managing debt, planning for healthcare needs, optimizing social security benefits, and creating an estate plan. They emphasize the importance of staying updated on estate plans, naming beneficiaries, considering tax implications, planning for disability or incapacity, addressing digital assets, funding trusts, and seeking professional guidance. The conversation discusses different investment vehicles for retirement and their rankings according to an advanced AI model. The conversation covers stocks, bonds, mutual funds, ETFs, real estate, commodities, CDs, retirement accounts, index funds, and annuities. Each investment vehicle is rated based on its pros and cons. The conversation also touches on market volatility and the importance of having a long-term plan. Additionally, there is a discussion about converting simple IRAs into Roth IRAs and the process involved.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

The conversation discusses the topic of Roth conversions and when it makes sense to do them. It covers reasons such as being in a lower tax bracket, having a longer time horizon, diversifying tax liabilities, and avoiding required minimum distributions. On the other hand, it may not make sense to do a Roth conversion if you are in a high tax bracket, have a short time horizon, or are near the age of required minimum distributions. The conversation also provides tips for retirement planning, including saving 15% annually, maximizing retirement accounts, investing for the long term, and taking advantage of catch-up contributions. The conversation covers various topics related to retirement planning and financial security. 

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.

In this conversation, Jeremy Nelson discusses the five basic steps to retirement planning: income planning, expense management, investment management, healthcare and long-term care planning, and estate planning. He explains the importance of developing a strategy to ensure steady streams of income throughout retirement and managing expenses to align with income. Nelson also emphasizes the need to balance potential growth with risk management in investment strategies and highlights the significance of planning for healthcare costs and long-term care. Lastly, he discusses the importance of creating a plan to efficiently distribute assets after death. The conversation covers various topics related to retirement planning and creating income in retirement. The hosts discuss the 4% rule, dividends, option contracts, limited partnerships, and creating a reservoir of savings. They also touch on the impact of President Biden's decision not to run for office and how it may affect the market. The conversation concludes with a discussion on how returning to work during retirement may or may not affect Social Security benefits.

 Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.