On this episode, I'm excited to share my conversation with Wade Pfau to discuss RISA®- Retirement Income Style Awareness. Wade is a bit of an icon in the financial planning space. If you want to dive deep into any financial topic, it's likely Wade has spent hours studying the research and can explain the pros, cons, and complexities of the situation. I've thoroughly enjoyed getting to know Wade, and I'm excited to share his RISA® technology with you.

As a special gift, we've also given listeners the opportunity to take the RISA® Assessment themselves. Thanks for listening, and I hope you enjoy!

Discussed on today's show:

1. We talk through Wade's journey to create RISA® and what surprised him during his research
2. Wade explains how knowing your RISA® profile can help you tell if you're "speaking the same language" with others
3. We then spend most of our time talking through the 4 RISA® profiles- where they overlap and where they differ
4. We wrap up this episode by discussing how the RISA® assessment helps advisors from imparting their own biases onto clients

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Connect with Wade:

Retire With Style Podcast

Retirement Planning Guidebook (and more)

This is certainly a different type of episode than others I've recorded, as the tables are turned and I am on the receiving end of questions. I had the opportunity to sit down with Dennis Mattern, who had lots of questions about our firm, Integrity Wealth Management. Dennis is a lot of fun to talk with and an absolute pro when it comes to the interview process, as he also has a podcast show of his own and is no stranger to the microphone. After sharing this episode with their audience, Dennis and his team were gracious enough to share their video with me. So not only is it a change of pace to be on the receiving end of questions, but this episode is also unique as you can watch the video of our conversation here: YouTube. Topics we cover on today's show:

1. We start off (as we often do) explaining our unique fee structure, and how the phrase "we do well when you do well" can be misleading.
2. We talk about who our firm is a good fit for (and what happens if we are not).
3. We discuss tax planning, the importance of a fiduciary relationship, and if the term "fee-only" is really all that it's cracked up to be.
4. We wrap up by coming full circle back to the topic of fees, and how clients get more excited about the money they save, not only when they see these funds grow in a separate account, but when they are earmarked for something exciting.

I hope you enjoy this episode! Connect with Loren:

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Ps- if you would like to reach out directly or have an idea for a future show, connect with us at [email protected]

For many retirees, donating and becoming involved with charities and those in need becomes an important part of their retirement. For some, this is where they find purpose beyond their working years.

While there is likely an endless list of charities that would be worthy of highlighting, today we offer an overview of 5 charities that have been on my radar as of late. Perhaps you want to add these to your list, or maybe they will get you brainstorming in another direction altogether!

Schedule an Intro Call with Loren

Charities discussed on today's show:

Freedom for Youth Ministries

MOSAIC

Trailhead International

GlobeServe Ministries

One Family One Purpose

Charitable Giving Strategies- previous podcast episode

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LinkedIn: Loren Sherman

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Welcome back for the conclusion of my conversation with behavioral finance expert, Daniel Crosby. On this episode, we discuss the below questions and more. I hope you listen, share with others, and most of all, ENJOY! Questions discussed on today's show:

1. Is it wise to "invest in what you know?"
2. What can we learn from the Pepsi vs. Coke blind taste test?
3. We've talked a lot about problems and headwinds we face, what are the solutions?
4. As the old adage suggests, should we listen to our gut?
5. How can we make the switch from saving all these years to retirement, to now spending our hard earned resources?

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Email: [email protected] (put "Daniel Crosby" in the subject line to receive one of his books, as our gift to you)

Connect with Daniel Crosby:

Standard Deviations Podcast

The Behavioral Investor (book)

I'm excited to share this conversation with psychologist and behavioral finance expert, Dr. Daniel Crosby. We discuss the emotional components to money, some of the different biases we all hold that get in our way, and why we react so differently to bad news versus good news, particularly with markets in mind. Daniel is a natural storyteller, so he's able to take complex studies and research, and explain them in a way that is not only easy to understand, but captivating to listen to as well.

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LinkedIn: Loren Sherman

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Email: [email protected] (put "Daniel Crosby" in the subject line to receive one of his books, as our gift to you)

Connect with Daniel Crosby:

Standard Deviations Podcast

The Behavioral Investor (book)

I had a fun conversation with coffee enthusiast Perry Ross, where we talk about how Perry first got into coffee, how to pick the right coffee bean for you, brewing tips, and much more!

I like to sprinkle in non-financial episodes from time to time, as more retirees take up new hobbies after their non-working years. Perhaps after listening to my conversation with Perry, you will be inspired to add "coffee" to your list of hobbies!

*Ps- as mentioned below, email me and we may even be able to get you a free bag of Perry's own coffee beans

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Email: [email protected] (put "1724 coffee" in the subject line for a free bag of coffee on us)

Connect with Perry Ross:

1724 Coffee Company

After a little bit of a summer break, I'm excited to be back in front of the microphone with you! In this episode, I share some of what I've been up to this summer and give you a glimpse into a couple of "can't miss" interviews coming out soon.

We also highlight 3 planning opportunities coming up soon:

• Medicare's "Annual Election Period"
• End-of-Year Tax Harvesting
• Who Benefits Most From a Roth Conversion

We close up today's show by attempting to clear up some of the confusion between the terms "Fee-Only" and "Flat-Fee."

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Resources discussed on today's show:

Medicare Readiness Report (Ep. 40)

Change is a necessary part of life, but one change most people don't expect to go through is a break-up with their financial advisor. It may seem like a strange topic to cover, but if that time ever comes, it's best to be prepared so you're not caught off guard.

Aside from the process itself, we cover why people should consider a break-up with their advisor, as well as a few "not-so-good" reasons to break-up.

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LinkedIn: Loren Sherman

This was a quick impromptu conversation, as I hopped on the mic on a recent visit down to Kansas City. I hope you enjoy, and I'd love to connect with you if any of this resonate with you personally!

Connor and I discuss:

• How a marketing team can lighten the load for financial advisors
• Why I created a firm with a flat-fee structure, and who this is best suited for
• Why every firm says they offer "comprehensive" planning, but it's important to ask for examples to see what this looks like
• And finally, we've covered this in the past, but we reiterate why working with a Fiduciary is important, but how this can be a deceiving term when advisors act in both a sales and fiduciary responsibility

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LinkedIn: Loren Sherman

In this part II interview with golf pro Eric Peyton, we cover some quick hitting listener questions. Once again, most episodes will focus on the "wealthy" aspect of Healthy, Wealthy, & Wise, but I'm excited to sprinkle in some hobby-related topics too. If you're someone who has found themselves with more free time in retirement, or just love to golf, stick around for the conclusion of our conversation.

Eric and I discuss:

• His favorite course and who he'd most like to play a round with
• The longest drive he's ever hit
• Golf tips that don't get applied correctly
• And more!

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LinkedIn: Loren Sherman

Resources From Today's Show:

Eric Peyton Golf- schedule a lesson

The Looper Podcast