The theme this week on the podcast is: The Best of 2021. I’m closing out the year by bringing you the best and most downloaded episodes of 2021.

The theme this week on the podcast is: The Best of 2021. I’m closing out the year by bringing you the best and most downloaded episodes of 2021.

The theme this week on the podcast is: The Best of 2021. I’m closing out the year by bringing you the best and most downloaded episodes of 2021.

The theme this week on the podcast is: The Best of 2021. I’m closing out the year by bringing you the best and most downloaded episodes of 2021.

Welcome to a new week here on the Retirement Quick Tips podcast. I’m your host Ashley Micciche, co-owner of True North Retirement Advisors, an independent financial advisory practice managing $325 million in client assets. I’m a Chartered Retirement Planning Counselor, and I started this podcast because I love helping people just like you gain clarity and make a plan for the retirement you envision. 

The theme this week on the podcast is: The Best of 2021. I’m closing out the year by bringing you the best and most downloaded episodes of 2021. 

So this week and next week I’ll be covering everything from

• Why You’ll Spend Less Than You Think In Retirement...Even If You’re Rich
• To…Why Cash Reserves Are The Key To Recession-Proofing Your Retirement
• And…The Reason You Hoard Money

I’ll even tell you what Teddy Roosevelt Said About Money, and lots more! These were some of the most downloaded episodes for a reason, so I hope you enjoy the variety as we close out the year. 

I’ll be back with new episodes on January 3rd and I wish you many blessings as you embark on a brand new year. If you have a goal in 2022 that’s related to your finances, send me an email and let me know what your goal is and how you plan to achieve it. 

I’ll pick my favorite submissions and feature them on the podcast in January. 

My email is [email protected]. That’s [email protected].

I hope what I have to share with you these next 2 weeks will help you make smart and thoughtful decisions with your retirement. And while I am careful to not lead you astray, personal finance is not an exact science. There is no one-size-fits-all solution for everyone, so I encourage you to disregard anything I say that may not be helpful for you, and to consult your own financial, tax, and legal advisors regarding your own individual situation. 

That’s it for today. Come on back tomorrow where I’ll kick off the best of with: which investment accounts to withdraw first in retirement. 

Thanks for listening! My name is Ashley Micciche...and this is the Retirement Quick Tips podcast.

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>>> Visit the podcast page: https://truenorthra.com/podcast/ 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

It’s Sunday, which means...it’s recap time here on the Retirement Quick Tips Podcast

This week the theme was: Answering Dave Ramsey’s Most Popular questions. I had a lot of fund this week, binge watching Dave Ramsey videos on YouTube and bringing you topics that I thought would be most useful when you’re getting close to retirement. 

In case you missed any episodes, here’s what we covered this week:

• What To Do With Extra Money In The Bank
• Number One Indicator Of People Who Retire Wealthy
• 5 Things That Will Make You Wealthy
• What Secret Millionaires Don’t Tell You
• Be Weird Or Be Broke

Dave Ramsey never fails to provide the right dose of truth and entertainment, and whenever I need a reminder of the personal finance principles that matter the most, I can confidently turn to the advice of Dave Ramsey. 

I hope you enjoyed the common sense reminders about how to win with money this week, from the mouth of one of the best in the world of personal finance. 

Tomorrow, come on back, because we’re starting a brand new theme: The Best of 2021.

I’m picking my favorite and most popular episodes from the year, to bring you a highlight reel of the best topics to carry you into the new year. 

Thank you so much for listening this week! If this podcast is valuable for you (and hopefully it is otherwise you wouldn’t be listening), please share the show with a friend or co-worker who is getting close to retirement. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to a friend and say, “I love this podcast and thought you might enjoy a listen.”

Thanks for sharing the love and spreading the word. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast and lastly, I hope you have a blessed Sunday.

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>>> Visit the podcast page: https://truenorthra.com/podcast/ 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

The theme this week on the Retirement Quick Tips Podcast is: Answering Dave Ramsey’s Most Popular Questions

Today, I’m talking about an important and recurring theme from Dave Ramsey: Be weird or be broke. 

Dave  says: “If you want to win with money, let me give you a good idea: Figure out what most people are doing and run in the other direction. Run!” 

He goes on to say in the way that only an angry Dave Ramsey can: “Most people look good, but they’re broke!...They spend like they’re in Congress!” 

The stats don’t lie. Most Americans are broke. They spend more than they make. They have more debt than they can afford. They have no savings in the bank, even for smaller emergencies. Bankruptcies and student loan debt is much higher than what it should be for the wealthiest nation at the wealthiest time in the history of the world. The average American today has a better standard and living than most royalty did only 200 years ago. 

Yet, we’re still broke. So Dave says you need to be weird or be broke. You want to be contrarian…be weird. The culture has lost its way with money. 

So what is being weird? It’s acting differently than most people do with money. Being weird is not caring about credit card points, airline miles, or having a nice car if it means having a payment you can’t afford. It means staying out of debt, spending less than you earn and saving a meaningful amount of your income for retirement. 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast. 

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>>> Visit the podcast page: https://truenorthra.com/podcast/ 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

The theme this week on the Retirement Quick Tips Podcast is: Answering Dave Ramsey’s Most Popular Questions

Today, I’m talking about the secret that millionaires don’t tell you. Here’s the gist of what Dave Ramsey has to say about the secret millionaires don’t tell you. Most people who are millionaires don’t drive ferrari’s or fancy cars, they don’t carry around purses that cost thousands of dollars, or the flashy vacation that’s all over their instagram…

These are very seldom actual indicators or wealth, up to the first level of wealth. Dave classifies this as a net worth between $1-10 million dollars. If you have $1-10million, they are typically understated. 

They enjoy nice vacations, buy reasonably priced clothes, the Christmas presents under the tree are unimpressive and the valet is seldom impressed with the car.

My favorite quote from this video is this: “The people who achieve that first layer of wealth, that $1-10 million dollars, the way they did it, is they didn’t do it for you. They’re not mad at you, but they don’t care what you think. They were not living their life to impress others.”

I love this insight, and I wish that more people would realize this sooner in life. Too many of us spend too much time and energy worrying about what other people think, keeping up with the Joneses, and instead of saving enough for retirement, I see people spend way too much on the right clothes, the right car, and the right Christmas decorations. 

I even fall into this temptation myself. I love to decorate for Christmas. It’s the only season I really well, deck the halls for. Every year when I pull out my Christmas decorations, I can’t use them all and last year I even purged and sold an entire box of decorations that I was no longer using for like $25. I vowed to keep it simple, adopt a less is more mentality, and decorate with less this year. 

Well, that didn’t happen. I ended up spending about $200 on new decorations this year. I bought more flocked evergreen branches, a couple new stocking hangers, some pretty white bells, a new rug for my front door, and fairy lights for my mantle. I didn’t need these things. I do enjoy looking at them and making my home festive and cozy, but if I’m being honest, part of what influenced my decision to abandon last year’s vow of celebrating Christmas with less decorations was caring what other people think. 

Ugh, I hate admitting that out loud! I would say on the spectrum of caring what other people think, I generally fall to the less side, but I do still care what others think and have this disordered desire to impress other people. 

I like hosting during the holidays and having friends and family over, and I want them to enjoy the decorations and feel cozy, warm and festive in my home. I don’t think there’s anything wrong with that, but  if I’m being honest, a part of me also wants them to be impressed and I want the love and admiration from their fawning over my cute little white bells. 

If I cared a bit less about what others think of me, I would have just kept the perfectly good front porch rug. There’s a good chance that no one will notice it or mention it anyways. I do love the cute strand of white bells though. Well worth the $10 I spent at Target for those. 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast. 

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>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

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>>> Visit the podcast page: https://truenorthra.com/podcast/ 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

The theme this week on the Retirement Quick Tips Podcast is: Answering Dave Ramsey’s Most Popular Questions

Today, I’m talking about the 5 things that will make you wealthy. 

Dave Ramsey asserts that if you do these 5 things, you will win with money 100% of the time. What are these 5 things he’s so confident about?:

• Have a written plan…a budget (no one accidentally wins - at anything…you need a game plan or you’re gonna lose)
• You gotta get outta debt. Dave: “When you don’t have any payments you know what you got? Money!”
• Don’t spend everything you make. This is one of those good rant segments, because Dave really puts that knife in the wound and says if you’re not happy with your job or your income, then don’t be stagnant. Move on and move up. It’s a free country and you can work elsewhere if you need more income to pay your bills
• Save money! Dave: ”You’re gonna be broke until you save and invest money” The problem with your investments is not your fees or your returns, is that you don’t have money. “100% of people that build wealth save money…on purpose, a lot!” 
• And the last thing to help you win with money is to be generous…but it takes doing the first 4 right to get to the point where you can be generous in a meaningful way.

I don’t really have much to add here, other than the higher your income is and the more conscientious you are about your spending, saving, and getting out of debt, the less you need a budget. But you still need a plan for you money. What are you working toward. What are you saving this money for? Having a purpose and making a long-term plan will help you stay on track and not lose sight of what matters most to you. 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast. 

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>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

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>>> Visit the podcast page: https://truenorthra.com/podcast/ 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

The theme this week on the Retirement Quick Tips Podcast is: Answering Dave Ramsey’s Most Popular Questions

Today, I’m talking about Number One Indicator Of People Who Retire Wealthy.

Dave talks about the results from a study that looked at the #1 indicator of people who have money in their 401k and who retire with substantial wealth in their 401k 

What was the answer? Was it good returns, savvy day trading skills, the lowest cost investments? 

Nope? It wasn’t earning 8% or 10% or 12% per year. It all boiled down to the savings rate. How much did you save and how consistent were you in saving? 

I see this all the time with my 401k clients and the employees in those plans. I have clients who have managed to save millions in their 401k. In the same plan, I see other people with the same tenure with the company, access to the same investments, the same fees, with much less in their 401k. Why? Because they didn’t make saving for retirement a priority. They spent more, saved less, and now are looking at working into their 70s because they can’t afford to retire.

If you’re late in your career and you’ve saved consistently throughout your working life, it probably didn’t seem like it was that hard. You lived within your means, didn’t get seduced by spending too much or accumulating too much debt, and by saving a meaningful amount for retirement by saying no to yourself occasionally, then you’re likely going to be one of those who retire as a millionaire. 

Dave asserts the best thing good financial advice can do is get you to save money…enough money to retire with dignity. And that right there, hits the nail on the head. Yes the fees and the returns matter, but it’s much less important that something that it 100% within your control - your savings rate. 

And the further away you are from retirement - 10-15 years away or more…the more your savings rate will matter in helping you to close the gap, make up for lost time and lost savings and get you on track for a comfortable and fulfilling retirement. 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast. 

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>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

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>>> Visit the podcast page: https://truenorthra.com/podcast/ 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance