In this guest episode, we wrap up our conversation with Kiplinger writer Jacob Schroeder, where he shares "5 Reasons You'll Blow Up Your Retirement."

We discuss:

• Reason #4- "Your Life Changes – in a Big Way!"
• Reason #5- "The World Changes – in a Big Way!"
• "If life can be so uncertain, then why make a retirement plan in the first place?"
• We wrap up our conversation with Jacob Schroeder, and tease the next episode with MaxMyInterest founder Gary Zimmerman.

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Email: Loren Sherman

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Kiplinger Articles

"Root of All" newsletter

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What is a Fiduciary?

Healthy, Wealthy, & Wise Retirement Podcast Page

In this guest episode, Kiplinger writer Jacob Schroeder shares with us "5 Reasons You'll Blow Up Your Retirement."

Jacob's mission is to help people make more informed financial decisions and live happier lives. I think you'll hear from our conversation that Jacob's passion and wealth of knowledge on the topic shines through!

We discuss:

• Jacob's background and how he began writing about retirement and happiness in the first place
• Reason #1- "Your Retirement Reality Doesn't Meet Your Retirement Expectations."
• Reason #2- "You Need a New Identity."
• Reason #3- "You Experience a Health Problem."
• We also discuss what retirees can do about each of these reasons.
• We dive into the last two reasons on our next show!

Connect with Loren:

Schedule an Intro Call

Email: Loren Sherman

Share More & Get in Touch

Connect with Jacob:

LinkedIn

Twitter

Kiplinger Articles

"Root of All" newsletter

Additional Resources:

What is a Fiduciary?

Healthy, Wealthy, & Wise Retirement Podcast Page

In this episode, I give a fresh new intro, then dive into the rebroadcast of an early episode where I walk through 6 lessons I learned from a pushup challenge I completed back in 2019, while I currently complete a one-month version here in 2023.

While the pushup challenge itself can be fun and entertaining, what you'll really want to stick around for are the lessons learned and how to take action on each of them.

Loren discusses:

• Whatever is easy to do, is equally easy NOT to do
• Use momentum to your advantage
• Focus on your daily tasks and let the bigger goal take care of itself
• If you want to make big changes, don't be afraid to keep the magnifying lens focused on one spot long enough to start a fire
• Keep moving forward, even when it's not perfect
• Embrace discomfort

Connect with Loren:

Schedule an Intro Call

[email protected]

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Resources From Today's Show:

How to Achieve Your Most Ambitious Goals (TED Talk)

WMCP® Designation

Additional Resources:

What is a Fiduciary?

Healthy, Wealthy, & Wise Retirement Podcast Page

Healthy, Wealthy, & Wise Retirement YouTube

Additional Resources Discussed on the Show

"How will the Secure Act affect me?" This is a common question we are hearing from retirees, so in this episode, we tackle some of the primary changes the Secure Act 2.0 has introduced, as well as their impact to your retirement.

Loren discusses:

• Changes to the starting age in which distributions from retirement accounts are required, as well as how to push this back even further to age 85 in some cases
• Reduction of penalties
• How those still working will have more flexibility both in the amount they contribute and situations in which they can withdraw retirement funds early if needed
• A new option to roll 529 plans into a Roth IRA
• What will this cost Americans?

Connect with Loren:

Schedule an Intro Call

Email: Loren Sherman

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Resources From Today's Show:

Kiplinger Article- SECURE Act 2.0 Changes

Additional Resources:

What is a Fiduciary?

Healthy, Wealthy, & Wise Retirement Podcast Page

Healthy, Wealthy, & Wise Retirement YouTube

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Today, we dive into the second half of Healthy, Wealthy, & Wise Retirement episodes from the year 2022. Once again, we focus on only a few key takeaways from each. If you are the type who likes to the the key points without all of the detail, hopefully you will enjoy this year in review.

Schedule an Intro Call with Loren

Resources from today's show:

QUIZ: "What Type of Giver Are You?"

Risk Assessment *complete to receive yours

Medicare Readiness Report™ *complete to receive yours

What is a Fiduciary?

Podcast Page

For questions, comments, or to receive your own RETIREMENT RISKS ANALYSIS, you can start with a 2 minute quiz here: Share More & Get in Touch

You can also find Loren at [email protected]

Additional Resources Discussed on the Show

Healthy, Wealthy, & Wise YouTube

Hopefully 2022 was a great year for you! Personally, I had a blast recording these episodes over the 12 months, and I thought taking a look back at a year's worth of episodes would be a fun way to start 2023.

In this episode, we cover roughly the first half of the year and focus on only a few key takeaways from each. If you are the type who likes to the the key points without all of the detail, hopefully you will enjoy this year in review.

Schedule an Intro Call with Loren

Cheat-Sheets From Today's Show:

Fee Audit

What is a Fiduciary?

Podcast Page

For questions, comments, or to receive your own RETIREMENT RISKS ANALYSIS, you can start with a 2 minute quiz here: Share More & Get in Touch

You can also find Loren at [email protected]

Additional Resources Discussed on the Show

Healthy, Wealthy, & Wise YouTube

For this episode, we revisit the structure that it takes to set yourself up for success for the upcoming year. We go through a process that helps you identify what is most important, set promises to yourself, and then most importantly, keep these promises.

Cheers to a great year!

Schedule an Intro Call with Loren

What is a Fiduciary?

Podcast Page

For questions, comments, or to receive your own RETIREMENT RISKS ANALYSIS, you can start with a 2 minute quiz here: Share More & Get in Touch

You can also find Loren at [email protected]

Additional Resources Discussed on the Show

Healthy, Wealthy, & Wise YouTube

For this episode, we address the timely topic of RMDs (Required Minimum Distributions). Listen in, as we dive into 9 questions you should be considering when it comes to your RMD planning.

Often one or two of these are overlooked, so let me know what you think and if you have any to add to our list!

Schedule an Intro Call with Loren

5 Tax Planning Opportunities- previous episode discussed on today's show

What is a Fiduciary?

Podcast Page

For questions, comments, or to receive your own RETIREMENT RISKS ANALYSIS, you can start with a 2 minute quiz here: Share More & Get in Touch

You can also find Loren at [email protected]

Additional Resources Discussed on the Show

Healthy, Wealthy, & Wise YouTube

This episode is a curveball from the typical topics we discuss, as I wrote this one for other financial advisors rather than retirees.

We talk about some of the benefits to starting your own firm, what niche you'd like to serve, how many clients fit on your "bus," what technology makes sense, if the term "fee-only" is necessary, and much more.

If you are not a financial advisor, perhaps this is a bit of a "peek behind the curtain" into some of the thoughts that go into starting a financial firm.

About Me

Podcast Page

For questions, comments, or to receive your own RETIREMENT RISKS ANALYSIS, you can start with a 2 minute quiz here: Share More & Get in Touch

You can also find Loren at [email protected]

Additional Resources Discussed on the Show

Healthy, Wealthy, & Wise YouTube

On today's episode, I share a few things I've learned- some from life experiences, some excerpts from books I've read, and others from clients I've had the opportunity to learn from over the years.

My goal is to inspire you to brainstorm some of your own lessons learned. Perhaps lessons you would like to pass along to your kids, grandkids, and future generations to come. As we say, a legacy is lived, not left. And one of the best ways to live your legacy to is share your experiences, your stories, and your time with those you care about most.

What is a Fiduciary?

Podcast Page

For questions, comments, or to receive your own RETIREMENT RISKS ANALYSIS, you can start with a 2 minute quiz here: Share More & Get in Touch

You can also find Loren at [email protected]

Additional Resources Discussed on the Show

Healthy, Wealthy, & Wise YouTube