Planning Matters Radio

What do industry insiders see in store for the housing market in 2020 and beyond? Peter Richon visits with Debbie Bloyd, founder of DLB Mortgage Services and discusses the trends in the housing market and where real estate plays a role in your portfolio.

Ken Fisher's recent comments raised a lot of attention, landed him in some hot water, and probably cost him some significant $$$ but, is it the only reason we should be concerned about and paying attention to the language being used in financial services? Peter Richon digs beneath the surface of Ken Fisher's comments at Tiburon, as well as examines of the language in some other financial advertising materials.

A plan turns a hope into a goal. We all need our money to provide us with certain things; growth, safety, liquidity, income, protection, tax-efficiency...but, money is a terrible multi-tasker. In order to achieve these things, we have to assign each dollar a specific task and make sure it is doing its job. Peter and Amber Richon discuss your money goals and how to make sure that your dollars are working to help you accomplish your lifestyle goals.

In this edition of Planning Matters Radio we discuss the options for protecting your paycheck and debate the stigmas and value provided through a financial advisor and advisor compensation models. What should you be paying a financial advisor for and how much is a reasonable fee?

In this edition of Planning Matters Radio we cover some recent news stories related to financial and retirement planning.

Author Peter Richon defines the most pressing need in, and biggest concern of retirement, income. The traditional approach to planning for income leaves doubt and worry. What are the methods for planning for increased lifestyle security?

An unexpected accident, injury, or sickness can set back your financial progress and stability. Medical insurance helps to pay the doctor's bills but, how will you pay yours? Proper and adequate coverage can help to protect you and your families comfort and lifestyle and help to make sure you stay on track towards your future financial goals. Peter and Amber discuss the different kinds of protections you can put in place, the costs, and the benefits available.

Many savers have no idea that their plan may be based on flawed assumptions. "The market always goes up", "Taxes will be lower in retirement", "I should claim Social Security at 62" all may be commonly held beliefs in the financial world but, can you depend on these statements being true for you? Would you bet your financial security on it? Tune in as Peter & Amber examine some common planning myths, misconceptions, and mistakes.

"It's not what you make, it's what you keep." And the biggest thing standing in between, is taxes. Taxes are one of our largest known expenses. Many people try to save on taxes for income they earned last year, without planning to save in all the years ahead. Tax reform has given us some great opportunities to save, to plan, and to minimize your lifetime tax liability. Listen to this week's episode to understand the opportunities and strategies you should consider in your planning to keep more of what you make.

Former Comptroller General David M Walker stopped in to share why he resigned his position and went on a mission of educating the American public about our country's true financial situation. He also shared what he has done personally to prepare for his own retirement.