Financial Choices Matter

Healthcare can be one of the biggest expenses in retirement and it keeps steadily increasing. We will look at some statistics and numbers as it relates to paying for healthcare and how to plan for these costs.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

2:23 - Main Topic: The Rise Of Healthcare Costs

4:17 - Medicare Premiums

6:10 - Early Retirement

8:06 - Social Security Percentage

9:04 - How To Combat Rising Costs

13:05 - Mailbag: Ross Asks About Tax Implications When Selling An Inherited House

Sure, life insurance is one of the more boring topics to cover on a podcast. And a lot of what you hear is going to warn you why you should NOT get various types of life insurance. But our goal on this episode is to focus on the positive and analyze the reasons why you should get life insurance, or at least consider it. Many people think that once the kids are out of the house, you don’t need insurance anymore. But there are some other reasons why life insurance can be a useful part of your retirement plan.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

1:32 - Main Topic: Why You Should Consider Life Insurance

2:54 - Income Replacement

4:37 - Tax-Free Income

8:40 - Long Term Care Coverage

10:05 - Second Topic: American Retirement Statistics

10:52 - Retirement Age & Income

11:57 - Life Expectancy

14:12 Long Term Care

18:23 - Mailbag: Catherine Asks For Advice On Investing A Lump Sum Of Money

There are some important terms you’re going to come across as you prepare for retirement. Having a basic understanding of these will help you achieve financial success, so we’ll cover what they mean and what you should know on today’s episode. And don’t worry. We won’t go quite so far down the rabbit hole where we expect you to be able to explain how a company’s P/E ratio meshes with it’s Alpha and Beta ratings to determine how much stock you should buy.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

1:24 - Main Topic: Financial Jargon

2:00 - Fiduciary

3:50 - Volatility

5:29 - Risk Tolerance

6:27 - Dollar Cost Averaging

8:26 - Asset Allocation

10:22 - Second Topic: Common Housing Questions

10:50 - Does It Make Sense To Pay Off The House?

12:22 - Signing It Over To A Family Member

15:17 - Reverse Mortgage

17:08 - Mailbag: Tracy Asks What To Do If You’re Too Scared To Put A Plan Together

It does seem like anyone can call themselves a financial advisor these days. So how can you sort through the different levels of qualification in the industry? On this episode, we’ll try to explain some of the most common designations you’ll encounter on your financial planning journey.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

1:18 - Main Topic: Financial Jargon

2:04 - IAR & RIA

4:28 - Different Licenses

8:23 - College Degree

10:51 - Mailbag: Doug Asks How 401(k) Rollovers Work

13:57 - What’s Buggin’ Charles?

Most people, when trying to plan their retirement, have to guess about the answers to some important questions. Let’s talk about some of those questions and why you need to have a better answer than just a guess.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

1:21 - In The News: Inflation

7:24 - Main Topic: Guessing In Retirement

7:43 - How Much Money Will We Need Monthly In Retirement?

9:36 - Emergency Fund

12:05 - Plan For Inflation

14:30 - Healthcare Costs

16:58 - Mailbag: George Asks About Diversification In His IRA

We all should realize that planning for retirement is relatively complex. There are a lot of different moving parts and factors to consider. Adjusting any of these variables can impact the end result. But is there one part of the retirement planning process that’s most important? We’ve assembled several opinions on the topic from across the internet. Let’s see if the advice hits the mark or needs further exploration.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

2:12 - Main Topic: Most Important Parts Of Retirement Planning

2:41 - Start Now

3:50 - Risk Tolerance

5:47 - How To Make Your Retirement Fulfilling

7:49 - Sam Asks About A Life Insurance Strategy

10:09 - Charles Explains His Newest Certification

Some people feel that they’ll save money by handling their investments themselves instead of working with an advisor. Others may like the challenge of doing it themselves. Still others just don’t know who to trust so they end up not working with anyone. Let’s talk about some reasons that you might need an advisor.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

1:37 - Main Topic: Who Even Needs A Financial Advisor?

2:15 - You’re A Procrastinator

4:31 - You Have No Idea What To Do

7:07 - You Want To Enjoy Retirement

9:33 - Mailbag: Vicky Asks If She Should Split Her Retirement Assets

13:03 - Charles Is Now A Certified Dementia Practitioner

At the beginning of every year, people love to make predictions and prognostications about what’s going to happen to the economy in the coming months. Let’s take a look at what the “experts” are saying about the economic outlook of 2022.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

2:03 - In The News: San Francisco Suspended The City’s Cannabis Tax

4:53 - Main Topic: 2022 Predictions

5:16 - Inflation

7:32 - GDP Forecast

11:29 - Mailbag: Steve Asks If It’s Wise For His Mom To Sign Over Her House To Him

15:05 - Mailbag: Laura Asks About Early Retirement Considerations

Time for a little fun on this episode. We’ll use some fill in the blank prompts to spark good discussion about relationships between advisors and their clients, the stock market, common planning mistakes, and much more!

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

1:15 - Main Topic: Fill In The Blank

1:30 - The Best Way To Be Sure You Don’t Run Out Of Money?

2:49 - The Stock Market Has The Ability To?

4:36 - First Time Clients Are Mostly Worried About?

6:15 - Most Common Mistake?

8:28 - The Most Gratifying Part Of The Job?

11:09 - Mailbag: Cliff Asks How Much Company Stock Is Too Much

13:12 - Mailbag: Rebecca Asks How To Stay Motivated When Saving For Retirement

This is part 2 to our resolutions for 2022. See if you might be able to implement a couple of these to kick off the new year in good, financial health.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

2:20 - Check Your Credit

4:00 - Check Your Fees

6:36 - Share Your Knowledge

8:49 - Donation Opportunities

10:52 - Review Your Tax Bracket

13:13 - Ask If A Roth Conversion Is Right For You

14:48 - Update Your Paycheck Withholdings

15:52 - Rebalance Your Portfolio

16:56 - Plan Your Transition To Retirement

19:02 - Consolidate Accounts

20:25 - Listen To More Episodes Of This Podcast