In today's episode of "Retirement Readiness," hosts Tim Regan and Katie Umland explore the evolving phases of financial planning across one's lifetime. They break down the journey into three key stages:

• establishing a career and financial foundation in your early years
• optimizing wealth while your career flourishes and during the family-raising years
• strategic wealth management as you transition into retirement

From starting 401k contributions to protecting assets and planning legacies, you’ll hear actionable “bullet point” tips for each stage (and some real-world examples from Tim and Katie themselves!).

Click “play” to get started or explore our library of other “Retirement Readiness” episodes.

Did you ever imagine retirement as a launchpad for your dream business? Still love the idea of being your own boss? One of the best parts of living a Two Comma life of abundance is the opportunity to design a lifestyle you love (even after you stop working).

This episode of “Retirement Readiness” explores the exciting world of encore entrepreneurship – or building your own business as a senior. Learn how to leverage your experience, passions, and newfound freedom to launch a fulfilling business venture in your golden years.

Tim and Katie discuss:

• Why retirement is the perfect time to become your own boss
• Creative business ideas for post-retirees
• Financial considerations for entrepreneurs on Social Security
• How to design your ideal retirement – with or without a business

Tune in and discover how to turn your retirement into the most rewarding chapter of your life, and be sure to explore our library of other “Retirement Readiness” episodes.

In this episode of the “Retirement Readiness” podcast, Tim and Katie explore the concept of cultivating a "millionaire mindset" focused on abundance, freedom, and living a life filled with purpose. Listen in to discover:

• Finding your calling and what brings you joy
• Making small, consistent changes to achieve big results
• The importance of breaking free from limitations outside of your fishbowl
• Designing your own fulfilling retirement, regardless of net worth

Plus, Tim and Katie offer practical tips and strategies to help you transition into a vibrant and meaningful retirement, encouraging you to live life to the fullest – with or without Two Commas in your bank account.

Listen to the full episode to learn more about the Two Comma life and how to achieve it, or click here to explore our library of “Retirement Readiness” episodes.

Dream of spending your retirement with grandkids? This episode of “Retirement Readiness” tackles how to balance that joy with smart financial planning. Tune in to:

• Learn how to invest strategically for their future with different tax-advantaged accounts, from 529s to custodial accounts.
• Discover why clear communication with your spouse, kids, and grandkids is key.
• Explore the importance of keeping your overall vision for your Two Comma life in focus while planning for the future.
• Consider how you can best support your loved ones, even if the outcome isn’t always necessarily “equal.”

“If you take a minute and kind of step back and think about grandparenting and retirement intentionally, what do we want this relationship to look like? What do we want that lifestyle to look like?” host Tim Regan says. “I think you can get to a really happy place and kind of check all the boxes.”

Listen to the full episode to learn more about retirement and grandparenting, or click here to explore our library of “Retirement Readiness” episodes.

Dream of spending your retirement with grandkids? This episode of “Retirement Readiness” tackles how to balance that joy with smart financial planning. Tune in to:

• Learn how to invest strategically for their future with different tax-advantaged accounts, from 529s to custodial accounts.
• Discover why clear communication with your spouse, kids, and grandkids is key.
• Explore the importance of keeping your overall vision for your Two Comma life in focus while planning for the future.
• Consider how you can best support your loved ones, even if the outcome isn’t always necessarily “equal.”

“If you take a minute and kind of step back and think about grandparenting and retirement intentionally, what do we want this relationship to look like? What do we want that lifestyle to look like?” host Tim Regan says. “I think you can get to a really happy place and kind of check all the boxes.”

Listen to the full episode to learn more about retirement and grandparenting, or click here to explore our library of “Retirement Readiness” episodes.

Dive into the world of cognitive health in retirement with hosts Tim Regan and Katie Umland on this week's episode of the “Retirement Readiness” podcast!

Even though we often think of cognitive decline in retirement as a given, it doesn’t necessarily have to be. Here’s what you need to know:

• Cognitive health is all about creating new connections and pathways within your brain. If you do the same things day in and day out, eventually it becomes second nature and your brain can fall into “autopilot” mode.
• To keep your brain feeling fresh, it’s important to expose yourself to new experiences and learning opportunities (like a new puzzle or book). The small, daily habits you add can make the biggest difference in the long-run!
• Mentorship is a great way to keep your mind motivated, stay engaged socially, and help another person reach their goals.

Just like the muscles in your arms or legs, your brain is a “use it or lose it” muscle that needs daily exercise and stimulation to stay healthy. Listen to the full episode to learn more about cognitive health in retirement, or click here to explore our library of “Retirement Readiness” episodes.

In this week's episode of the “Retirement Readiness” podcast, hosts Tim Regan and Katie Umland discuss the importance of longevity planning leading up to your retirement. Longevity planning involves a holistic approach to not only your finances, but your health, mobility, relationships, and more.

“When we talk about longevity, it really turns into: How do I make sure I have enough money? How do I make sure I have enough healthspan?” Tim explains.

Of course, finances play a key role in that planning as well – and although it’s virtually impossible to predict exactly what your income and expenses will be, a financial advisor can help you craft a plan around ballpark numbers, and then fill in the blanks for “margin” expenses.

Tune in to hear more about longevity planning from Tim and Katie, or browse our library of previous “Retirement Readiness” episodes.

Staying active in retirement is a crucial aspect of maintaining a healthy and fulfilling lifestyle – but what exactly is an “active” lifestyle, and how can you get started?

In this episode of “Retirement Readiness,” hosts Tim Regan and Katie Umland explore how being active can vary from person to person and within different phases of life. While one individual’s goals might include grocery shopping or playing with the grandkids, another might be aiming for monthly ski trips.

“‘Active’ can have lots of different definitions, both before retirement, but then also in retirement,” Tim explains. “And what we found is that the people that are in retirement that are active mentally, physically – those are the ones that have longevity. They're the ones that feel fulfilled.”

Want to learn more? Tune in to hear ideas and stories that can help you shape your own version of an active lifestyle. And be sure to check out our other “Retirement Readiness” episodes!

With the upcoming election year and recent discussions around inflation, understanding how to manage risk in your investments is more important than ever. In our latest episode of “Retirement Readiness,” Tim Regan and Katie Umland explore the crucial topic of balancing risk and reward in your portfolio – also known as “risk management.”

“The way I like to think about risk really is: What's the likelihood that I'm not going to get the outcome that I'm looking for” Regan explains. Although it’s impossible to eliminate all risk when investing, you can use your personal risk tolerance to build a plan that fits your life goals.

At PrairieView, clients learn their unique risk tolerance through a combination of advanced software and one-on-one conversations with experienced financial professionals – providing real data combined with the human element only advisors can provide.

Hit “play” to learn more about managing risk in retirement planning, or click here to explore our other “Retirement Readiness” episodes.

Tune in to this special health-focused episode to hear from our guest, Nick Becker, the owner of Aspire Gymnastics Academy. Host Tim Regan explores how (much like with our financial lives) small health decisions can make a big impact on your wellness and longevity. Plus, hear some methods Nick and Tim are using to keep their own health on track, from intermittent fasting to ice baths and beyond.

Press “play” to listen to the full episode, and be sure to check out our other “Retirement Readiness” episodes for more life planning information, financial insights, and more.