The holidays are over, and 2023 is already in full swing.

This means two things:

1. Even though 2022 is over, it’s still impacting our plans to protect our wealth, health and relationships.
2. This year will bring its own financial challenges along with opportunities we can take advantage of.

And being aware of them is the first step to making smart financial decisions.

With an outlook on the near future you can navigate this year with success wherever you are on your journey of retirement.

In this episode, you will discover how to attain higher education easier than ever, and new chances and risks for your investments.

Listen now.

Show highlights include:

• How remote work is most likely going to improve your family life (1:30)
• A tool that simplifies managing your expenses amidst this budget-tightening inflation (3:42)
• Why people from all walks of life will be able to attain higher education more than ever before (5:36)
• The surprising reason people unretire (and what it teaches us about living our lives with purpose) (7:51)
• Why “There Is No Alternative” is true (and how to limit the risk of your investments regardless) (9:24)
• Two surprisingly well performing assets you might want to include into your portfolio (14:25)
• How you can take care of your health proactively (even if health care costs will continue to rise in the future) (17:00)

Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

When it comes to retiring, how to invest your money is always in focus.

Since there is so much to think about with diversification and never ending trends, you may neglect something equally important:

Retirement distributions..

Why?

Because making a mistake in your distributions can burn a hole in your finances when it’s time to retire.

The IRS has strict rules regarding withdrawals. And breaking them unknowingly can cost you your hard earned profits. 

On the other hand, there are different types of retirement distributions. If you retire in times of turbulent markets, there are ways to protect your investments.

In this episode, you will uncover the most important rules of retirement distributions, how to take advantage of exceptions, and how to protect your investments in a bad market.

Listen now.

Show highlights include:

• How to never worry about taxes for your IRA again (1:29)
• The little known exceptions that allow to take money out of your IRA before you’re 59 (without risking a 10% penalty) (4:03)
• The 2 rules to avoid penalty payments when you approach the required minimum distribution age of your IRA (6:34)
• 2 ways to protect your retirement distributions when the market goes down (9:18)
• Why annuities can be more harmful than they seem (and when they can be useful) (11:57)

Sources:

https://www.medishare.org/medishare-difference/ 

https://www.healthcare.gov/see-plans/#/ 

https://chministries.org/programs-costs/ 

https://samaritanministries.org/classicbasic/cost 

https://www.federalregister.gov/documents/2020/06/10/2020-12213/certain-medical-care-arrangements 

https://healthcostinstitute.org/hcci-research/hmi-2018-prive-level-v-growth?highlight=WyJwcmljZSIsImluZmxhdGlvbiJd 

https://khn-org.cdn.ampproject.org/c/s/khn.org/news/article/diagnosis-debt-investigation-100-million-americans-hidden-medical-debt/amp/

Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

Healthcare may be the most dreaded topic in regards to retirement.

Since the traditional healthcare system seems so complicated, most people lose track of how it works, and make decisions that make a healthy retirement impossible.

But it doesn’t have to be that way.

Understanding how the healthcare system works is the first step to assess your situation, so you can make the right decisions for your future.

You can be in charge of your health, if you know about the options you have at your disposal.

In this episode, you will get the answers to the most common questions regarding the health care system, and helpful additions to traditional health insurance, so that you can retire without worrying about your health.

Listen now.

Show highlights include:

• How traditional healthcare holds the middle class back from ensuring a healthy retirement (2:42)
• The difference between Medicare and Medicaid (and how they contribute to your health care) (7:33)
• How to combine a high deductible plan with a health savings account to make the most of traditional healthcare (12:29)
• How Christian healthcare sharing helps you to pay for unexpected and expensive treatments (without bankrupting yourself) (14:37)

Sources:

• https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-iras-distributions-withdrawals 
• IRS, Actuarial Tables, IRS.GOV (June 15, 2022 11:15 AM), https://www.irs.gov/retirement-plans/actuarial-tables 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

2022 has been an eventful year.

And unfortunately, some happenings had bad effects on our economy.

Russia invading Ukraine made our problems with inflation even worse. The following energy crisis led to soaring inflation.

Fortunately, there is good news, like the plans to become independent from foreign countries. And even bad occurrences like the FTX-scandal can help you to prepare to make wiser decisions in 2023.

In this episode, you will get an overview of the 10 most important things that happened in 2022, and what they mean for your wealth and your overall wellbeing.

Listen now. 

Show highlights include:

• Why Disney’s new CEO will most likely focus on telling good stories again (and what this teaches about the priorities of your business) (1:20)
• The making of a neutral news source for you to make the right decisions (3:59)
• The basics of what the Fed is doing to stabilize the economy (and what this means for the housing market) (7:27)
• How the Midterm election results create a historic opportunity for the economy to thrive again (14:01)

Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

Travel is one of the best ways to create unforgettable memories.

But, before that you feel uncertain about your destination and how to get there.

And before you know it, you start to doubt if all the hassle is worth it.

Of course, there is a risk the travel you look forward to can turn out to be a disappointment, but there are some key aspects to make sure this doesn’t happen to you.

Today, Edward Leos from The Hotel Guide shares how to make the best travel choices, so you can have lasting travel experiences that await you in 2023.

Listen now.

Show highlights include:

• The simple way to find the right cruise for you and your family (without any worry about missing out on better opportunities) (6:33)
• How the new kind of wellness travel helps you to restore your mind and body) (9:10)
• A travel expert’s advice on how to visit any place you want on a budget (11:54)
• The “Playlist” method for creating vivid travel experiences you’ll remember for decades (14:49)

Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

Most people have a negative view on what is going on in the world.

And the apparent decrease in faith - especially in the younger generations - seems to confirm this bad outlook.

But even if this is true, things may not be as dark as they seem.

Thanks to independent groups that share the word of God, there are many ways to impact millions of lives in the US and around the world.

In this episode, Hank Hornstein from Decision Point shares the impact spreading Christian values still has, and what the most effective way of reaching young Americans today is.

Listen now.

Show highlights include:

• What every potential investor needs to know about the Eagle Ford area and its lucrative mineral rights (1:44)
• The pure magic of how your faith gives you a sense of direction (even if you have not been acting out of conviction before) (4:39)
• Why Catholic Brazilians are more receptive to evangelical core values than students in the U.S. (even if their prior knowledge of the Bible may be shallow) (11:12)
• The single most-used evangelistic tool that enables to convert millions of people (16:15)
• How to support today’s youth on their mission to discover the hope of Jesus (even in allegedly impossible areas like California) (19:10) 

 Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

People tend to deny the importance of setting goals the closer they get to retirement.

They argue it’s something for the younger generations, that they’re too busy.

This couldn’t be further from the truth. But it’s understandable if you consider that ambitious goals rarely come to fruition.

But there is a reason why some people seem to excel while others get stuck. They’ve mastered the skill of setting and achieving goals.

In this episode, you will uncover a simple action plan to start setting—and achieving— the right goals, so you can make sure you live a life by design and not by default.

Listen now.

Show highlights include:

• Why setting the most ambitious goals is in your best interest (even if you don’t achieve them) (2:41)
• The “Have-Do-Be” method to gain instant clarity on the goals you want to pursue more than anything else (5:06)
• 6 of the most important areas in your life to set goals in (and how to map out your path to success) (6:42)
• What the most successful people understand about goals and desires (and how they lay out every step of their action plan) (9:01)
• The “75% Rule” to stack achievements which reinforce each other (12:35)
• The “Shower Power” method to ensure your goals are top of mind (so you never look back with regret about what could have been) (13:32)

Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

Most things in life turn out differently than we expect them to. 

A new technology can turn an industry upside down. 

Just as the career path we expect to follow until we retire, can turn into an inescapable trap.

It is in those situations where we have a choice.

Either to settle for a dead-end job, retirement being the end of years of misery.

Or to use it as a stepping stone for a mission you look forward to every day, retirement being the conclusion of your accomplishments.

In this episode, Mark Goldman shares how to change your career path without prior experience, how to start a business without neglecting your  family, and how to ensure you retire the exact way you aim to. 

Listen now.

Show highlights include:

• The software that changed accounting forever (and how to spot the best accountants for small businesses) (5:07)
• The most important quality to excel in your career and in business (even if you lack the necessary skills in the beginning) (10:53)
• How to know when it's the right time to retire (even if you feel like your business still needs you) (15:47)
• How your environment creates the best opportunities for an effortless retirement (17:28)

Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

Losing your steady salary is amongst the main reasons we don’t retire as soon as we’d like to.

So we go through with our work until the Medicare coverage starts at 65, sacrificing our health in order to have financial stability in retirement.

But this attitude towards retirement is a form of self-sabotage.

Why? 

Because the transition into retirement does not have to be a zero-sum game where we choose the lesser of two evils.

Rather, it’s a time to evaluate the risks of what we want to achieve as soon as we retire.

In this episode, former media seller Michelle Jacobson shares how to deal with financial strains in your transition into retirement, the key to engaging commercials, and meaningful community work in San Antonio.

Listen now.

Show highlights include:

• Why most ads are tedious and annoying (and how the best marketers create engaging commercials) (4:33)
• How waiting for Medicare can cost you your health (even if retiring before 65 burns a hole in your finances) (13:52)
• How to make the most of your travel experience (without having to leave the US) (16:01)
• The best nonprofit organizations to end the widespread family poverty in San Antonio (17:52)

Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."

A small family business fills its owner with pride, and motivates them to leave a legacy for their family.

But most small businesses have something in common: It’s just a job without time for a vacation with your loved ones.

Despite being skilled in your field, you don’t pay yourself enough for all your hard work. 

But it doesn’t have to be this way. 

The solution? 

Set up systems and build a team, so you can focus on growth instead of getting caught in the trenches.

In this episode, Rich Allen, author of The Ultimate Business Tune Up and the CEO of Tour de Profit, shares the business framework that unlocks  freedom—while growing your business.

Listen now.

Show Highlights include:

• Why prioritizing generational wealth may hurt your family more than anything else (6:17)
• The pure magic of worrying less (and how to use it to make more time for your most cherished activities ) (11:50)
• The simple, yet difficult way small business owners can build a legacy (without sacrificing their vacation or time with their family) (14:13)
• How comparing your business to riding a bike helps you break through your goals (15:36)
• The truth behind growing your business by working less (even if you think it might collapse without you) (18:30)    

Disclosure: 

"Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm."