Retirement: Redefined

Should you always max out your 401(k)? This is a big question that comes up often, so in this episode, Brad and Matt dive into this prevalent financial myth. Shedding light on five reasons why maximizing your 401(k) may not always be the best strategy, they emphasize the issue of liquidity and why building an emergency fund outside of the 401(k) becomes essential for financial security.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/60

Today we want to share a glimpse into the intentional lives led by individuals post-retirement. While many struggle to find their identity after leaving the workforce, there are those who have embraced an "Every Day is Saturday" lifestyle with a rockstar flair. Joining us in this episode are Anne Denny and Skip Stromberg, who share their inspiring journey leading up to retirement, their decision to embark on a remarkable RV adventure across the United States, and the challenges they encountered on the road.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/59

Today we delve into the fundamental question: What makes people happy? Continuing our exploration of The Psychology of Money by Morgan Housel, we dive into chapters 7 and 8, where a revelation emerges: the key to happiness lies in our innate desire for control. The ability to shape our lives according to our desires, to choose our paths, companions, and destinations, emerges as the ultimate source of joy. Money, then, takes on a profound significance—it offers us the invaluable currency of time. Listen in as we explore the role of early and ongoing financial decision-making, as well as the importance of aligning our values with our monetary choices.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/58

Should you be concerned about Social Security and the impact it may have on your financial future? Dating back to its enactment in 1935, social security was envisioned as a means of providing support during the later stages of life when individuals might be unable to continue working. While concerns about its longevity persist, it is important to note that the program has been extended until 2037. In this episode, we break down the intricacies of social security and dispel the misleading headlines that you may see in the news so that you can make the most of this vital retirement resource.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/57

Have you ever wondered about the fees and expenses associated with investing? In today's episode, we dive into this topic headfirst as we explore three hypothetical client scenarios and shed light on the costs involved in different investment relationships. Throughout the episode, we unravel the truth that Wall Street doesn't work for free, emphasizing the importance of being mindful of fees in the world of investments.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/56

For many, the pursuit of a rich and purposeful life is anything but a straight line. It consists of life experiences, uncomfortable situations, and transformative challenges. In this episode, Brad shares the insights he has learned from recently going back to graduate college as an older student, revealing how these pivotal (and somewhat uncomfortable) moments shape character and propel us towards greatness.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/55

As we delve into the world of precious metals, it's important to recognize that the allure of gold is not what it once was. Our ancestors coveted this precious metal for its aesthetic and cultural significance, whereas today we see it as a symbol of wealth and a potential investment opportunity. However, the question remains: is gold truly a wise investment?

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/54

Today we'll be diving into chapter 6 of Morgan Housel's book, The Psychology of Money. This chapter, entitled "Tales You Win", explores the intriguing idea that being wrong half of the time can still lead to financial success. Our discussion will focus on being on the brink of success and failure, as well as how perseverance—even when met with repeated failures—is the key to success in investing.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/53

Have you ever thought about starting your investing journey, only to be overwhelmed by the amount of information available? Were you left feeling unsure of where to even begin? In this episode, we dissect the world of investing with Kurt Brown, the CEO of TownSquare. Kurt shares his fascinating journey of transitioning from Wall Street to becoming the CEO of an investment platform and reveals why so many people are now looking for independently-owned firms rather than big banks.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/52

Have you ever wondered how people find their calling in finance and what it takes to succeed in a small business environment? In this episode, Cooper Hitt, Investment and Reporting Manager at Fiat Wealth Management, shares his inspiring story of how he discovered his passion for finance and joined the team at Fiat. Cooper describes his journey through his career and personal growth, revealing how he found his true calling in finance and discovered his superpowers in the field.

You can find show notes and more information by clicking here: https://www.fiatwm.com/podcast/51