Health care is one of the biggest wild cards in retirement, and long term care costs can quietly threaten everything you have worked for. In this episode of The Lord and Richards Show, CEO Colin Richards and co-host Dylan Schoonover unpack how chronic illness, Medicare and Medicaid rules, and long term care expenses impact your retirement plan and how to use leverage and biblical wisdom to protect both your health and your wealth.

We cover:

• The difference between acute health events and chronic illness in retirement

• How Medicare and Medicaid really work for long term care and why Medicaid often requires spending down assets

• Why nursing home and skilled care costs can quickly reach six figures per year

• How chronic illness riders and Medicaid Asset Protection Trusts can help shield family wealth

• Using “other people’s money” through life insurance and annuity strategies to pay for future care

• When self-funding long term care might be realistic and when leverage makes more sense

• How proactive planning can free up resources for stem cell therapy, PRP, and other health-boosting treatments

• The critical role of powers of attorney, health care directives, and planning ahead so loved ones are not forced into crisis decisions

🎧 Tune in to learn how to align your health care plan with your values, protect your spouse and family, and build a retirement that supports both financial freedom and freedom of health.

Learn more: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.

Too many retirees carry Wall Street level risk with retirement level income needs. 📉 In this episode of The Lord and Richards Show, CEO Colin Richards and co-host Dylan Schoonover unpack why affluent investors often have far too much downside exposure in the distribution phase and how to realign your portfolio with your true comfort level and long term plan.

We cover:

• Why many retirees have more risk than their plan can mathematically support

• How 30+ years of market history and 10,000 portfolio stress tests reveal hidden danger

• The Lord and Richards “safety percentage” and how to define your personal loss limit

• Asset allocation vs. asset location and why the purpose of money should dictate where you put it

• The barbell approach to balance guaranteed income, growth assets, and liquidity

• How holistic planning ties together risk, income, taxes, health care, and estate planning

🎧 Tune in to learn how to right size your risk, protect what you have built, and design a portfolio that helps you sleep at night and live with confidence in retirement.

Learn more: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.

Estate planning isn’t just about having a will—it’s about making sure your loved ones are protected and your wealth stays where it belongs. In this episode of The Lord and Richards Show, CEO Colin Richards and co-host Dylan Schoonover reveal how to keep your estate out of probate, avoid unnecessary taxes, and pass your assets efficiently and intentionally.

We cover:

• Why a will alone doesn’t keep you out of probate

• The difference between revocable and irrevocable trusts

• Power of Attorney and health care directives every family needs

• How to shield assets from taxes and long-term care costs

• Why updating your plan regularly matters

• Free estate planning tools available for Lord and Richards clients

🎧 Tune in to learn how to simplify estate planning, protect your family, and keep your legacy intact—without paying more than you need to.

Learn more: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.

Inflation can quietly erode your lifestyle — but with the right plan, you can stay ahead. In this episode of The Lord and Richards Show, CEO Colin Richards and co-host Dylan Schoonover explain how to protect your income, maintain purchasing power, and grow your wealth even as prices climb. Discover how to balance safety and growth through the powerful “barbell strategy” and turn uncertainty into confidence.

We cover:

• Why inflation should be part of your plan — not a reason to panic

• How to protect core income while still pursuing smart growth

• The barbell approach: safety for essentials, growth for goals

• How to align income, taxes, and Medicare costs

• Turning a “budget” into a Retirement Freedom Expense Report

• Building a portfolio that thrives through all market conditions

🎧 Tune in to learn how to inflation-proof your retirement and secure lasting financial freedom — no matter what the economy does.

Learn more: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.

The IRS will always take its share — unless you plan smarter.

💡 In this episode of The Lord and Richards Show, CEO Colin Richards and Dylan Schoonover reveal how high savers can legally reduce lifetime taxes and protect their wealth through strategic Roth conversions, smart timing, and charitable planning.

We cover:

• The 3 tax buckets: taxable, tax-deferred, and tax-free

• Why many retirees never drop tax brackets (and how to fix it)

• How to use Roth conversions before RMDs hit

• The “tax time bomb” and how to protect your heirs

• Donor-advised funds and other charitable strategies

• State tax moves and estate planning essentials

🎧 Tune in to learn how to move your money from forever taxed to never taxed again — and create a plan that keeps more of your income where it belongs: with you.

Learn more: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser

The old “4 percent rule” doesn’t work for everyone. Colin Richards and Dylan Schoonover reveal modern withdrawal strategies that keep income steady even when markets drop.

Your nest egg is only step one — the real challenge is turning it into steady, tax-smart income that lasts a lifetime. In this episode of The Lord and Richards Show, Colin Richards and Dylan Schoonover explain how to move from accumulation to distribution, organize scattered accounts, and create guaranteed income that brings freedom instead of fear.

We cover:

• Why the old “4% rule” no longer works — and what does

• How to build guaranteed and abundant income streams

• Consolidating old 401(k)s and fixing “junk drawer” portfolios

• The five pillars of planning: income, risk, taxes, estate, health

• How to align spending comfort and risk between spouses

• The Lord and Richards Retirement Freedom Review — what to expect

🎧 Tune in to learn how to enjoy what you’ve built, protect what matters, and make your money last through every market.

Learn more: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.

Your nest egg is only step one. The real challenge is turning it into steady, tax-smart income you can count on. In this episode of The Lord and Richards Show, Colin Richards and Dylan Schoonover break down the shift from accumulation to distribution and how to make your money last for life.

We cover:

• Accumulation vs. distribution — what changes when the paycheck stops

• How to stretch savings in down markets and avoid sequence-of-returns risk

• Consolidating old 401(k)s and cleaning up dormant accounts

• Smart use of Roth 401(k) and tax-aware withdrawal strategies

• Social Security timing between ages 62 and 70 and why “optimize” beats “maximize”

• The Lord and Richards client experience and the complimentary Retirement Freedom Review

🎧 Tune in to learn how “freedom of money” starts with a plan that pays you reliably in every market.

Learn more: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.

Your portfolio might look strong, but hidden risks could threaten your retirement stability. In this episode of The Lord and Richards Show, Colin Richards and Dylan Schoonover uncover the truth about market risk, outdated investment strategies, and how to create lasting financial confidence.

We’ll cover:

• How to tell if your portfolio is taking on too much risk

• Why “timing the market” rarely works (and what to do instead)

• The barbell strategy for balancing protection and growth

• How institutions manage risk — and what retirees can learn from them

• Why professional planning can improve returns and reduce stress

🎧 Tune in to discover how “freedom of money” starts with understanding risk — and how smart planning can bring peace of mind in every market.

Learn more: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.

Most families put off estate planning until it is too late. In this episode, Colin Richards and Dylan Schoonover break down what really matters so you can protect the people and causes you care about and keep more of your wealth.

What you will learn:

• The core documents every family needs now, not later

• Why a will is a backstop and how trusts can simplify transfers

• Power of Attorney and advance directives that protect you while you are alive

• How to title accounts and set beneficiaries to avoid probate delays and fees

• When a revocable vs irrevocable trust makes sense

• Common mistakes that leave heirs with taxes, court time, and conflict

About the show: The Lord and Richards Show helps you become more financially independent from a biblical point of view and prosper in good markets and bad.

Next step: Ask about our free estate plan program for most new clients and start your Retirement Freedom Review.

Learn more at: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a registered investment advisor.

Healthcare isn’t just a medical issue; it’s a financial one that can make or break your retirement. In this episode of The Lord and Richards Show, Colin Richards and Dylan Schoonover talk about the real costs of long-term care, why Medicare and Medicaid won’t cover everything, and how to plan ahead so your health needs don’t wipe out your wealth.

We’ll cover:

- Why proactive habits like sleep, diet, and exercise matter as much as saving money

- The true cost of long-term care and how it impacts families

- Pros and cons of traditional LTC insurance (and why premiums rise)

- Hybrid life insurance with living benefits that can pay for care tax-free

- Practical steps to protect your spouse and your retirement lifestyle

🎧 Tune in to learn how “freedom of health” fits alongside freedom of time and wealth, and how smart planning today can keep your future secure.

Learn more at: https://lordandrichards.com/

Call for your complimentary Retirement Freedom Review: 720-372-0400

Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.