Johns Hopkins University's Center for Innovative Care and Legg Mason recently issued a study titled "Aging and It's Financial Implications: Planning for Housing.

Kathleen Pritchard, Managing Director with Legg Mason, talks with host Roger Whitney about the importance of planning ahead for housing during retirement

There are three typical phases during retirement. The:

By planning ahead for each of these phases, you can make smarter financial decisons and maintain control over your lifestyle choices.

There are five basic housing options for retirees:

You can find due diligence worksheets to help you find the option that is right for you at rogerwhitney.com/worksheets

"He who asks a question is a fool for five minutes; he who does not ask a question remains a fool forever." - Chinese proverb

 There really are no stupid questions. 

We're told this all the time but I don't think most of us truly believe it. As a result, we leave many very important questions unasked.  When your planning for your financial future this can be, at best, an inconvenience, at worst, financially devastating.

The mission of this blog and my podcast, PLAN WELL INVEST WISELY, is to help you make smarter financial decisions and answer those retirement planning questions that keep you up at night.

Have a question? Ask me here In this week's episode, I answer questions from three listeners.  

1. Sam Asks “How do you even go about coming up with a plan to pay down debt when the future holds student loan debts for two children in the next few years? Basically, What realistic steps could a family take without completely changing their lifestyle?"
2. Lisa Asks “I wondered if at some point you might touch upon establishing the necessary documents for elderly parents?”
3. Kevin asks "What is the best way to consolidate all of the retirement accounts I've accumulated over the years and find good advice to help me plan for retirement?

Resources Discussed 

• Dave Ramsey's Seven Baby Steps
• How to Pay For College HQ
• Debt Free U: How I Paid for a Great College Education without Loans, Scholarships or Mooching Off My Parents
• AmeriCorps
• Creating an In Case of Emergency (ICE) Plan
• Nine Important Estate Planning Steps
• How to Choose a Financial Advisor

Have a retirement planning question you'd like answered? Ask me here.

"He who asks a question is a fool for five minutes; he who does not ask a question remains a fool forever." - Chinese proverb

We're told this all the time but I don't think most of us truly believe it. As a result, we leave many very important questions unasked.  When your planning for your financial future this can be, at best, an inconvenience, at worst, financially devastating.

The mission of this blog and my podcast, PLAN WELL INVEST WISELY, is to help you make smarter financial decisions and answer those retirement planning questions that keep you up at night.

Have a question? Ask me here

Sam Asks “How do you even go about coming up with a plan to pay down debt when the future holds student loan debts for two children in the next few years? Basically, What realistic steps could a family take without completely changing their lifestyle?"

Lisa Asks “I wondered if at some point you might touch upon establishing the necessary documents for elderly parents?”

Have a retirement planning question you'd like answered? Ask me here.

Over the last 20 years studies show that the average investor greatly under performances the stock and bond markets.  Why do investors underperform virtually every capital market? 

In this week's episode, I speak with Weston J. Wellington a Vice President with Dimensional Fund Advisors about how you can make smarter investment decisions and possibly improve your investment success. Mr. Wellington is an expert in behavioral finance and investing with over 35 years of experience in the investment industry.

We discuss:

• How the daily diet of investment news can hurt your investing success
• Why it's nature to want to know what will happen next in the investment markets
• The affect our ingrained "fight or flight" response has on our investment decisions during stressful market periods
• Why your behavior as an investor can be the biggest determinate of your investment returns
• Why this time is not "different"
• Like living a healthy lifestyle, investing is not complicated it is just hard to do consistently
• Why using a competent Financial Advisor can help you make smarter investment decisions
• How an investor can increase their chance of having a successful investment experience
• Why you should ignore most market information and news driven investment predictions

Resources Discussed 

• Dimensional Fund Advisors
• Random Walk Down Wall Street
• Weston Wellington Articles Surprise! No Sell of in 2013, "You Have to Be in Gold", He Called the Crash

In this week's episode, I speak with Weston J. Wellington a Vice President with Dimensional Fund Advisors about how you can make smarter investment decisions and possibly improve your investment success. Mr. Wellington is an expert in behavioral finance and investing with over 35 years of experience in the investment industry.

We discuss:

Walt Disney World is the classic family vacation. If you’re planning on visiting Walt Disney World, you’re going to love this week’s  PLAN WELL INVEST WISELY podcast. I speak with Lou Mangello, an internationally recognized expert on the Walt Disney World Resort. 

Lou is a former attorney from New Jersey who has made his lifelong passion (Walt Disney World) his full time career. His website wdwradio.com is an amazing resource for all things Disney. 

In this episode we discuss:

• His book, 102 Ways to Save Money for and at Walt Disney World
• How to safe money on your Disney World vacation
• The best and worse times to visit Walt Disney World
• When Walt Disney World is busiest
• When it costs less to go to Walt Disney World
• How to begin planning your Walt Disney vacation
• How to maximize your time and still have fun
• Discount ticket sources
• The advantages of the Disney annual pass
• How to get discounts on food and lodging
• Things to consider when buying your ticket package  (to park hop or not?)
• Whether to stay on or off property
• Simple strategies to save money on food and drinks at Disney
• Saving on Souvenirs
• What to pack to make your day at Disney World comfortable

Resources Discussed

• wdwradio.com
• The book, 102 Ways to Save Money for and at WaltDisney World
• Disney Authorized Vacation Planner
• Mouse Fan Travel

For a TON of resources to help plan your trip to Walt Disney World visit wdwradio.com

Lou is a former attorney from New Jersey who has made his lifelong passion (Walt Disney World) his full time career. His website wdwradio.com is an amazing resource for all things Disney. 

In this episode we discuss:

Resources Discussed

For a TON of resources to help plan your trip to Walt Disney World visit wdwradio.com