NFL Draft tonight, go Vikings! 5.1% Cash Accounts. Structured Notes. Series 65. 2/3 of Peak Boomers Aren't Ready for Retirement. And Qualified Charitable Distributions. 4/25/24 Retirement Planning Coffee Talk.

Weekly Retirement Planning Coffee Talks are an informal way for me to have conversations and answer questions with people even if they are not my clients for free. You are welcome to join the Facebook live or stop by my office for free coffee.

There is no pressure to work with me or become my client by stopping by in person or online.

It is my mission to provide the highest quality advice and service possible to my clients. Therefore, I limit myself to only having 100 or less active clients at all times that I have a fiduciary responsibility to. Even though I limit myself to only working with 100 clients at any given time. It is still important to me to provide as much value as I can to as many good people as possible. Which is why these conversations are so important to me.

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation. And this is live so I may make a mistake from time to time.

I look forward to some great conversations and hope you have a wonderful day.

#MoneyNotMath #RetirementPlanning #EmptyNesters #5StoneFinancialGroup #investing #money #FinancialEducation #Retirement

Articles/websites referenced: https://www.5stonefinancial.com/ https://www.thinkadvisor.com/2024/04/24/two-thirds-of-peak-boomers-are-financially-unprepared-for-retirement-study/?fbclid=IwZXh0bgNhZW0CMTAAAR0wk1RASumB4dWabxayCkBFv19LJ1FGIZ-nxJ7xXM4s_VOzFp-2bUGEs4I_aem_AZX9to-XLUUSNYfMzORcLuC4OuDI85tKP05JEtt4enkA2AZvgX7nRu3hrn3emQ4Mqk4k0oqoQ0F0HCAxf1nZvTbU https://www.fidelitycharitable.org/guidance/philanthropy/qualified-charitable-distribution.html?fbclid=IwZXh0bgNhZW0CMTAAAR3mqnhCTGvymHjHcy6Ztp74P6EBc24NKIXGdlIkwZoWEahfp9zuzkstt4U_aem_AZXlAtAmOw2hh_onLHTeftoJPT0j-gULJdqiwgf9_7jJDVf1KtRNSeeBG5UxUUBYSvon1j9asIIOmG0NJ3mv0KNQ#:~:text=A%20qualified%20charitable%20distribution%20

Roth Conversions. Will the New Inflation Story Hurt Stocks? Magnificent No More? Apple and Tesla Stocks Are Weighing on the Market. Our retirement planning newsletter and Shane Zutz’s leadership newsletter. 4/18/24 Retirement Planning Coffee Talk

Weekly Retirement Planning Coffee Talks are an informal way for me to have conversations and answer questions with people even if they are not my clients for free. You are welcome to join the Facebook live or stop by my office for free coffee.

There is no pressure to work with me or become my client by stopping by in person or online.

It is my mission to provide the highest quality advice and service possible to my clients. Therefore, I limit myself to only having 100 or less active clients at all times that I have a fiduciary responsibility to. Even though I limit myself to only working with 100 clients at any given time. It is still important to me to provide as much value as I can to as many good people as possible. Which is why these conversations are so important to me.

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation. And this is live so I may make a mistake from time to time.

I look forward to some great conversations and hope you have a wonderful day.

#MoneyNotMath #RetirementPlanning #EmptyNesters #5StoneFinancialGroup #investing #money #FinancialEducation #Retirement

Articles Referenced: https://www.morningstar.com/retirement/recharacterizing-your-ira-contribution?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_advisordigest&utm_content=53453&fbclid=IwZXh0bgNhZW0CMTAAAR2FmaeRy2FpsvV49IcBB1yGn51TXWr8wfRGyAqrV8CDOexczJ45ig1Fjqs_aem_AdNr0zr5_OiNheaun2xrCwjilcMYLZrsGM2pjJgU7D8aOObX9Wv24psHctQxZNTz5j4CXj5FKt1bnkio7B5d8i5K https://www.morningstar.com/markets/markets-brief-will-new-inflation-story-hurt-stocks?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_advisordigest&utm_content=53390&fbclid=IwZXh0bgNhZW0CMTAAAR05safgm7DGM7NBs5k0fGq_y0hins3izMye3YHsNkiI84IMPTN0bw-c1xw_aem_AdPvCCXgiYVWidrdzKIj0EyBfA5XZjQswy-2kuZmQCRLwssK2hz8PfqJbJp5x8NEIowl7FWtwDFMCmnToNl3i589 https://www.morningstar.com/markets/magnificent-no-more-apple-tesla-stocks-are-weighing-market?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_morningdigest&utm_content=53306&fbclid=IwZXh0bgNhZW0CMTAAAR2_WtVlG9_HyEMkuBZ33_EQuDRlQvIgv4WDhOxmvtItsRVPFs0cFFieiJY_aem_AdMSU7QXIFKQP1wZXIxN0mh7Fjdqrq_9YO9Xa1zX6U2i5EdJrqF0bjcSolTVoNOS7wiyUiqSse8qkQIoInBMRs8N

“I feel like I should have had a financial education class” 4/11/24 Weekly Money Not Math Coffee Talk

Topics discussed= Help support the Challenger Elementary School teachers and students by buying a coffee mug! What I See When I Watch Basketball. Where International Diversification Works—And Where It Falls Short. Which behavioral bias is most common and most detrimental to financial planning? Do we deal with a lot of retirement planning? The most successful investment accounts are owned by dead people.

Weekly Money Not Math Coffee Talks are an informal way for me to have conversations and answer questions with people even if they are not my clients for free. You are welcome to join the Facebook live or stop by my office for free coffee.

There is no pressure to work with me or become my client by stopping by in person or online.

It is my mission to provide the highest quality advice and service possible to my clients. Therefore, I limit myself to only having 100 or less active clients at all times that I have a fiduciary responsibility to. Even though I limit myself to only working with 100 clients at any given time. It is still important to me to provide as much value as I can to as many good people as possible. Which is why these conversations are so important to me.

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation. And this is live so I may make a mistake from time to time.

I look forward to some great conversations and hope you have a wonderful day.

#MoneyNotMath #RetirementPlanning #EmptyNesters #5StoneFinancialGroup #investing #quality #advice #service #free #coffee #FinancialEducation

Please let me know if you would like to be added to our newsletter and here are the articles I referenced, https://www.morningstar.com/portfolios/does-case-investing-internationally-add-up?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_morningdigest&utm_content=52987&fbclid=IwAR2d2OyOb_10cJF6Thj_eGqUAQQu-8A5638Esvbjx4njWGtPMlHZHHuCHfg_aem_AZsZ-N_NyDj_KcaLPbbS2CjoevQYULkL_8Ip9X1Uxs7JNSovBAYsHrzq5HaNa9pBWl0LUCuHEJL8knLP7INdnvjV https://www.dimensional.com/us-en/insights/what-i-see-when-i-watch-basketball

Go Gophers! 5 Steps to Spring-Cleaning Your Investment Portfolio. Morningstar Market Insights: Central Banks, Inflation, and Patient Investing. Cost of Capital: A Gut Check on High-Flying Stock Returns. 3/28/24 Weekly Money Not Math free Coffee Talk.

Weekly Money Not Math Coffee Talks are an informal way for me to have conversations and answer questions with people even if they are not my clients for free. You are welcome to join the Facebook live or stop by my office for free coffee.

There is no pressure to work with me or become my client by stopping by in person or online.

It is my mission to provide the highest quality advice and service possible to my clients. Therefore, I limit myself to only having 100 or less active clients at all times that I have a fiduciary responsibility to. Even though I limit myself to only working with 100 clients at any given time. It is still important to me to provide as much value as I can to as many good people as possible. Which is why these conversations are so important to me.

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation. And this is live so I may make a mistake from time to time.

#MoneyNotMath #RetirementPlanning #EmptyNesters #5StoneFinancialGroup #investing #free #coffee #SpringCleaning #InvestmentPortfolio #morningstar #banks #inflation #stock #returns

Articles Referenced: https://www.morningstar.com/markets/morningstar-market-insights-central-banks-inflation-patient-investing?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_advisordigest&utm_content=52878&fbclid=IwAR3kwzQUeR8f8Zt6-wJCr-YT87fmhZ2T545ia2SPielXDHRLk3xu1jpESSo_aem_AW6W9TkvpIutht_-MWTOCL9utm0_HKpdKZpEVrtvEWIdz28XR6pUKclBEi5Xuy_U0wHv1ummN3zhUHg_Iz2_mnSv https://www.morningstar.com/portfolios/5-steps-spring-cleaning-your-investment-portfolio?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_morningdigest&utm_content=52906&fbclid=IwAR2KoLcTdPgFufG8KR6hHPht_YBR1w_A0QddpOhfEan6s_MGM_tonqAnGfQ_aem_AW60aFK7BGZDV1iWgz-k_qfPuYlI858sFJ8WfsEOjHQ64Ibn0lHPnTTei-1GcuiBBgvX91swbCNORWP0OENv3taM https://www.dimensional.com/us-en/insights/cost-of-capital-a-gut-check-on-high-flying-stock-returns?fbclid=IwAR27IgKAZl2lvJaBH1Wah2om0Q2XOdQ0cA_b5ASWymgAJjRHFaQ2ZPKQ6e0_aem_AW6_wDxm3oq6eeWL_tV3bYuD7dULpZSYoRdPvENAXkI3Q3rlo0-ZT_XhUBQRbUug-uOe0YnJbITfTpyfTpZlFyyp

2.23.24 Money Not Math interview with Tevin Moreno – Moreno Dental Services. Money Not Math 152.

Did you know Tevin drove a bus to his first year of college and started his own practice/business straight out of college?

Listen to this awesome interview to learn more about Tevin, his impressive path to becoming a dentist, and the lessons he has learned along the way. I left more impressed than expected and think you will too. Plus, there are some tremendous pieces of advice shared so it’s well worth the listen.

Also, he may have a job opportunity for you.

Help support his business and share his story by sharing and liking this video or podcast plus comment if you have questions or requests for future Money Not Mat conversations.

You can reach Tevin at [email protected]

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.

#MoneyNotMath #Dentist #Money #BusinessPlanning #FinancialPlanning #RetirementPlanning #wealth #GrowthMindset #resilience #HardWork

Topics discussed= Missing out by not talking finance?

The Next BlackBerry?

Are ‘Higher for Longer’ Interest Rates Back?

The difference between Want and Need!

Weekly Money Not Math Coffee Talks are an informal way for me to have conversations and answer questions to people even if they aren't my clients for free. You are welcome to join the Facebook live to talk or stop by my office for some free coffee.

There is no pressure to work with me or become my client by stopping by in person or online.

I look forward to some great conversations and hope you have a great day.

I love to help people have more confidence in their financial future.

It is my mission to provide the highest quality advice and service possible to my clients. Therefore, I limit myself to only having 100 or less active clients at all times that I have a fiduciary responsibility for.

Here's the link to the Facebook Event page in case you want to join live in the future, https://fb.me/e/bkt6Tqabq

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.

#MoneyNotMath #Money #5StoneFinancialGroup #EmptyNesters #RetirementPlanning #Investing

“Roger Federer’s impact on the sport is maybe more than any man before him. His trademark style took the sport by storm and changed the way younger players approached it, essentially laying the groundwork for the next two decades of tennis. Beyond that even, his impact on the world of sport is clear for all to see and his position as a role model has never been questioned. Roger Federer is undoubtably the greatest tennis player of all time, but he may even be in the argument for the greatest athlete of all time as well.”- https://www.worldtennismagazine.com/archives/21793#:~:text=Beyond%20that%20even%2C%20his%20impact,of%20all%20time%20as%20well.

What can that teach us about investing?

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.

All these numbers are rounded for simplicity.

Data sourced from "Probability of Positive Returns"- Dimensional.com and ultimatetennisstatistics.com.

Past performance is no guarantee of future results.

Please reach out with questions, comments, or requests for future topics.

#MoneyNotMath #Money #Retirement #RetirementPlanning #EmptyNesters #5StoneFinancialGroup #Investing #Tennis #RogerFederer #GOAT

2.7.24 Live Money Not Math free Coffee Talk recording

How Small, Consistent Actions Can Pay Off BIG in Finance & Life https://financeinsights.net/KXVwTdjwPh06aK7SQEj4XHVZn7M?email=drew%405stonefinancial.com&fbclid=IwAR1N7gvKurlDwWOqraMzlIxc-DxnkkLjRgOfOw12Cf1A8MFbcSJoKod1O6k

Uncertainty is Underrated https://www.dimensional.com/us-en/insights/uncertainty-is-underrated

Weekly Money Not Math Coffee Talks are an informal way for me to have conversations and answer questions to people even if they aren't my clients for free. You are welcome to join the Facebook live to talk or stop by my office for some free coffee.

There is no pressure to work with me or become my client by stopping by in person or online.

I look forward to some great conversations and hope you have a great day.

I love to help people have more confidence in their financial future.

It is my mission to provide the highest quality advice and service possible to my clients. Therefore, I limit myself to only having 100 or less active clients at all times that I have a fiduciary responsibility for.

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.

#MoneyNotMath #Money #Retirement #RetirementPlanning #5StoneFinancialGroup #action #success #investing #uncertainty

Thank you for your time! Money Not Math 150

Thank you to everyone who has taken the time to watch my videos, listen to my podcasts, and follow my pages. I am extremely grateful for the opportunity to help others improve their financial future. I hope these episodes have brought you value and will bring even more in the future. Below is a list of the most watched or listened to episodes I have had so far for you to check out. Please comment with requests for future Money Not Math topics or questions you have about your retirement planning. I am also excited about feedback you have on changes I can make to improve the quality of my content.

Which Episode is your favorite and why??? Please comment to let me know (it doesn’t have to be one of the ones listed below)

Most popular videos on YouTube.

Congress wants to change how you save for retirement. Money Not Math 124 (7.8k views!) https://youtu.be/1c62Jjw1_CE?si=k_ol_z0oyggMnuwy

How to Calculate Roth 401(k) Withholding. Money Not Math 62. https://youtu.be/QYePHhUgUbs?si=bq3bVSFZCIDte90l

I am Maxing out my 401k, Now What? Money Not Math Client Success Story 2 https://youtu.be/959kIgQDD7k?si=CiZe8Q6mwjRlzn8C

Most popular Podcasts.

What is the red stuff in steak? Money Not Math 128 https://podcasters.spotify.com/pod/show/drew-erickson7/episodes/What-is-the-red-stuff-in-steak--Money-Not-Math-128-e1u0km3

What is the BEST way to Grill Steak? Money Not Math 129 https://podcasters.spotify.com/pod/show/drew-erickson7/episodes/What-is-the-BEST-way-to-Grill-Steak--Money-Not-Math-129-e1uc6p5

The CARES Act allows workers to borrow up to $100,000 from their 401(k) and what you need to know about 401(k) loans before you take one. Money Not Math 64 https://podcasters.spotify.com/pod/show/drew-erickson7/episodes/The-CARES-Act-allows-workers-to-borrow-up-to-100-000-from-their-401k-and-what-you-need-to-know-about-401k-loans-before-you-take-one--Money-Not-Math-64-ecfii4

On the flip side, here are my least popular episodes so far… it’s amazing how sometimes what I think will be my best content falls flat on its face.

Least popular YouTube video (only 1 view… ouch)

Would you intentionally golf with only a driver and a putter? Money Not Math 65 https://youtu.be/-MTm3pAiBXw?si=_WbBnWPNN1tAYV2r

Least popular podcasts (there was a tie with only 1 listen… OUCH)

I am Maxing out my 401k, Now What? Money Not Math Client Success Story 2 (Ironic considering it’s one of the most popular videos) https://podcasters.spotify.com/pod/show/drew-erickson7/episodes/I-am-Maxing-out-my-401k--Now-What--Money-Not-Math-Client-Success-Story-2-e2e60ij

Want to Lose Your Money? Listen to Millionaires. Money Not Math 149 https://podcasters.spotify.com/pod/show/drew-erickson7/episodes/Want-to-Lose-Your-Money--Listen-to-Millionaires--Money-Not-Math-149-e2ech0t

Thank you again for your time and I hope you have a great day.

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.

#MoneyNotMath #Money #EmptyNesters #Retirement #RetirementPlanning #5StoneFinancialGroup #Congress #Roth #401k #success #steak #CARES #401kLoan #golf

Along with anybody else who attempts to forecast the investment future. Most who try to predict the market fail more often than not.

Problem #1: Recency Bias

Problem #2: Group Think

Problem #3: Wishful Thinking

Why Bother?

“Why Investors Might Think Twice About Chasing the Biggest Stocks. As companies grow into some of the largest firms, the returns that push them there can be impressive. But not long after joining the Top 10 biggest by market cap, these stocks, on average, lagged the market.” – Dimensional.com

#MoneyNotMath #5StoneFinancialGroup #EmptyNesters #RetirementPlanning #Retirement #Money #Millionair #Investment #predict #market #StockMarket #RecencyBias #GroupThink #Wishful #Thinking

Article referenced: https://www.morningstar.com/markets/how-get-poor-listen-millionaires?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_morningdigest&utm_content=50853