Make Retirement Work

A lot of advice for investors that don't work with an advisor come in the form of general rules that people can follow. While many of these rules serve a purpose and provide direction, some of them are becoming more and more outdated over time. Let's look at four financial rules that you might have heard and tell you why it might not be a good idea to follow them anymore.

Read more and get additional financial advice here: http://makeretirementwork.com/374/ep-4-4-financial-rules-that-might-be-outdated/

Today's show schedule:

1:12 – The 4% rule

4:31 – The 10-5-3 rule

7:07 – General rule: Move from stocks to bonds as we get older.

8:49 – The million dollar rule

This summer's Olympics in Tokyo have been postponed, but we can still host the Financial Planning Olympics. Let's talk about the events that you should excel in with a good financial coach in your corner.

Read more and get additional financial resources here: http://makeretirementwork.com/363/ep-3-the-financial-planning-olympics/

Today's show schedule:

0:27 – Marc is a sports fan but what about the Olympics?

1:52 – 1st event: The Inflation Marathon

3:55 – 2nd event: The Recession Hurdles

6:11 – 3rd event: The Hidden Fee Toss

9:35 – 4th event: The Portfolio Balance Beam

The goal for all of us is to be free and clear of a mortgage but is that changing with low interest rates? Let's talk about how your house plays into your retirement plan by looking at strategies like refinancing, paying off your debt, and reverse mortgages.

Read more and get additional resources here: http://makeretirementwork.com/330/ep-2-how-your-house-factors-into-financial-planning-decisions/

Today's show schedule:

0:40 – With interest rates so low, what should we be doing with our mortgage?

3:52 – What variables should you consider before downsizing?

6:04 – Is a reverse mortgage a good idea?

7:44 – How a reverse mortgage works.

9:06 – Timing is so important as well because of interest rates.

Welcome to the first edition of the Make Retirement Work Podcast! On this first episode, we'll introduce you to the show's host, Marc Werkmeister, find out a little about why he got into the financial services industry, and get an understanding of what he truly finds special about living in Nebraska.

Read more and get additional resources here: http://makeretirementwork.com/290/ep-1-meet-marc-werkmeister-the-new-podcast/

Key Points:

0:36 – Moving into the world of podcasting.

1:32 – What made Marc decide to start a podcast?

3:24 – Education is the way we market our business.

4:51 – How did Marc get into the business more than a decade ago?

6:37 – What does a typical weekend look like for you and the family?

7:54 – Marc has roots in this area and this community.

8:28 – He started his career in Lincoln and moved back in 2008, which was a challenging time.

10:06 – What kind of topics can you expect to hear about on this show?