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

You might not be able to follow through on all 22 of these resolutions, but implement even just a few of these and you’ll be well on your way to a more prosperous financial life in the coming year. We will go over the first 11 resolutions on today's show.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

0:34 - Main Topic: 22 Resolutions For 2022

2:24 - Reduce Your Debt

3:50 - Boost Your Retirement Savings

5:15 - Emergency Fund

6:18 - Don’t Overreact To Headlines

7:46 - Implement A Budget

9:08 - Meet With A Financial Professional

10:48 - Check Beneficiary Designations

12:24 - Have Tough Conversations

13:54 - Audit Your Insurance

15:19 - Refinancing Your Mortgage

16:44 - Get Organized

18:10 - What’s A Fiduciary?

Let’s look at the ways that some people try to cut corners in their retirement planning.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

0:38 - Thanksgiving

2:54 - Main Topic: Quit Cutting Corners In Financial Planning

3:33 - Getting Legal Documents In Place

6:53 - Not Getting Organized

8:57 - Avoiding Long Term Care Discussion

13:21 - Mailbag: Elizabeth Asks If She Should Rollover Her Pension Fund

16:41 - Mailbag: Mary Asks If It's Wise To Start Budgeting

To successfully complete a jigsaw puzzle, there are some strategies that you’ll want to keep in mind. And many of those same strategies apply to retirement planning.

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

0:44 - Main Topic: Retirement Jigsaw Puzzle 

2:05 - The Big Picture

3:47 - Building The Framework

5:08 - Sorting Out Your Priorities

8:30 - End Game

11:34 - Mailbag: Wade Asks About Early Retirement

16:46 - Mailbag: Vicki Asks About Working In Order To Receive The Maximum Social Security Benefit