The market volatility of 2020 has many people considering having their money professionally managed.  In today's episode, Vince Oldre and Jon Gay examine the different types of financial advisors, and the pros and cons to each:

Sales Driven Advisors

Hybrid of Sales-Driven and Fee For Service

Fee for Service Based on Hourly Rate

Fee for Service Based on Assets Under Management

Fee for Service Based on Assets Under Advisement, Net Worth, Income or Complexity

For more info, you can reach Vince Oldre at (952) 657-7470, or find him online at 

https://assuredretirementgroup.com/

Navigating the maze of Medicare enrollment can be extremely difficult. In today's episode, Vince and Jon cover some of the basic concepts of Medicare, including:

When to enroll

Are you eligible?

Medicare Part A and Part B vs Medicare Part C

Medicare Part D (Prescriptions)

Medicare Supplement Programs or Medigap.

With Medicare and health insurance coverage being such a large part of your finances, especially in retirement, Assured Retirement Group has brought in a specialist to cover these areas with their clients.

For more info, you can reach Vince Oldre at (952) 657-7470, or find him online at 

https://assuredretirementgroup.com/

There's a difference between advisors who sell specific products, and those who sell an overall financial plan.  Many advisors focus solely on annuities or other investments, not the full picture.  Some insurance agents even call themselves financial advisors, even though they aren't supposed to.

Vince Oldre explains the inherent conflict of the term "fiduciary" today, and why this often-overused term gets under his skin. How can an advisor be a true fiduciary and act in your best interest if you have conflicts of his or her own?

For more info, you can reach Vince Oldre at (952) 657-7470, or find him online at 

https://assuredretirementgroup.com/

Today, Vince Oldre of Assured Retirement Group explains some of the secrets of the financial world that not all advisors will share with you.

We start with fees, and commissions.  Did you know that some advisors can be tricked just as easily as consumers?

Vince shares a horror story of a client who thought he was getting a big tax break with a land easement deal, only to have it not be what he expected.

It's important to understand fees, and Vince explains the easy way to see if there's a commission on the mutual funds you own - and how those commissions and fees break down over time.

We also discuss the term fiduciary - can an advisor be truly independent and work in your best interest if they are captive to a larger company?

For more info, you can reach Vince Oldre at (952) 657-7470, or find him online at 

https://assuredretirementgroup.com/

We are seeing more employers offering buyouts and early retirement to their employees. Accepting the buyout can be a very stressful decision, with limited time to make it.

Vince Oldre of Assured Retirement Group says it all starts with having a financial plan. Once that foundation is in place, it becomes much easier to evaluate the offer.  He's even had clients accept these types of offers without having to ask Vince, because the plan was already in place.

Not all plans are created equal - the recent Delta Airlines employee buyouts were good deals because they were the product of negotiation. We also discuss other big companies like 3M and Thomson Reuters.  Again, the decision for all employees should start with a financial plan.

Vince Oldre and Assured Retirement Group are offering to set up financial plans at no charge during the COVID-19 pandemic.

For more info, you can reach him at (952)-657-7470, or find him online at 

https://assuredretirementgroup.com/

For more info, you can reach him at (952) 657-7470, or find him online at 

https://assuredretirementgroup.com/

Many folks are saying that the economy has rebounded from a difficult first part of 2020. That may not necessarily be the case.

Vince Oldre of Assured Retirement Group says this may not be the time to jump right back into the market. He favors a more conservative approach.

It's important to remember that the companies in the S&P 500 and other indexes sometimes have a disproportionate effect on the the market - for example, the big 5 companies of Amazon, Google, Apple, Facebook, and Microsoft can drive the market up if they are doing well.  Also, just because markets do well, doesn't mean individual companies do.  Think about where Facebook and Sears were 15 years ago - two companies headed in very opposite directions.

If you are young and have a large time horizon ahead of you before retirement, you can afford to be in the market and absorb a loss. The closer you are to retirement, however, the less margin you have for error.

Finally, Vince is flexible, meeting with clients virtually - but also in person with appropriate safety precautions.  For more info, you can reach him at (952)-657-7470, or find him online at 

https://assuredretirementgroup.com/

You've probably heard lots of advice these last few months about changing your investments, and what you should do with your retirement plans.  But there's so much more to consider as you plan for the future.

First, consider a Roth Conversion - taking the money out of your traditional retirement plan and rolling it into a Roth now.  Vince explains why it could be very beneficial to do this now, from a tax perspective.

The stimulus package is great, but how will we pay for it?  Vince believes that will come in future taxes on tax-deferred retirement accounts.

Beyond Roth Conversions, an important thing to do is track your expenses. Nobody likes budgeting, but that might not be a formal step you need to take. Just track your expenses and see what seemingly small things you can cut out.

Contact:

Assured Retirement Group Website: https://assuredretirementgroup.com/

Call Assured Retirement Group at 952-657-7470

There's been a lot of talk in the media (and maybe among your friends) about getting into the market now, while it's down.  Buy low and sell high, right?
 

Well today, Vince Oldre explains why he thinks it's still too early to jump back into the market.  We cover the dangers of trying to "time the market" and how the old fable of The Tortoise and The Hare is relevant to current market conditions.

Vince and Jon discuss the risks of getting back into the market too early, and what the next weeks and months may hold.

Contact:

Assured Retirement Group Website: https://assuredretirementgroup.com/

Call Assured Retirement Group at 952-657-7470

In today's episode, Vince Oldre of Assured Retirement Group discusses the six steps toward a healthy retirement plan:

1. Gather Data and check your spending
2. Test Your Plan
3. Test Other Ideas You have
4. Test Ideas from Others
5. Implementation
6. Monitoring

Vince Oldre from Assured Retirement Group rejoins us today, from the "new normal" - recording from home while the kids are preoccupied.

In these unique times, investors are tempted to run to safety, but they often do so without a strategy for re-entry.  Today we talk about having that strategy, and how sometimes our current lack of structure can be challenging.

It all starts with having a plan, and that includes an exit strategy and perspective.

One plan is to have two buckets - a "safe bucket" and a "growth bucket."  Vince explains that today.

Contact:

Assured Retirement Group Website

Call Assured Retirement Group at 952-657-7470