If you want a successful retirement, we’re sharing some of the foundational building blocks you need to have in place. For example, is your income plan ready to go?

What we discuss in this episode: 

1:15 – Income plan

1:57 – Money that lasts

3:12 – Being unprepared

4:25 – Steps to take

5:38 – Success stories

Read more: https://silverman-associates.com/saving-with-silverman-podcast

Today we’re sharing some crucial financial questions. How do you know how much income you’ll need in retirement? Are you taking too much risk on in your investments? We’ll answer these questions and more.

What we discuss in this episode: 

0:44 – How much income will you need?

2:03 – How much money in savings?

3:00 – How much life insurance?

4:19 – How much risk

6:06 – Are fees too high?

7:13 – Is an advisor a good fit?

Read more: https://silverman-associates.com/saving-with-silverman-podcast

As a financial professional, there are things that Mark wishes everyone knew and understood about the financial industry. Today he’s going to share some of the tricks that sometimes get played and how to spot them.

What we discuss in this episode: 

0:56 – Tricks

3:06 – Fees

3:50 – Risk potential

5:13 – Credentials

7:02 – Taxes

Read more: https://silverman-associates.com/saving-with-silverman-podcast

Delayed gratification is a difficult skill to master and that’s just as true with financial matters as it is in the other areas of your life. Let’s talk about some instances where you might be faced with a choice of being satisfied now or satisfied later.

Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-46-how-delayed-gratification-can-help-your-finances

What we discuss in this episode: 

1:00 – Budget vs. 401k match

2:26 – Deduction vs. tax planning

4:18 – Social Security

Psychologists have determined that retirement is the 10th most stressful event that you can experience in life. Today we’re sharing some ways to proactively deal with that stress.

Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-45-how-to-deal-with-financial-stress-in-retirement 

What we discuss in this episode: 

1:06 – Lifestyle changes

2:08 – Retiring earlier or later

3:01 – New challenges

3:53 – Keep options open

4:50 – Sense of perspective

In today’s mailbag, we’re answering your questions. Carl wants to know if he can gift $150,000 to his daughter. Laura wonders what she should do with her money after retirement. And Eddie is debating whether to hire a financial advisor.

Read more and get additional financial information: https://silverman-associates.com/saving-with-silverman-podcast/ep-44-mailbag-gifts-to-children-money-after-retirement-hiring-advisors

What we discuss: 

0:33 – Gifting money to daughter

2:37 – Roll to an IRA?

4:05 – Hire an advisor?

Let’s talk about some of the red flags that people can look out for when they’re shopping for a financial advisor. Have you ever met with one of these types?

Read more and get additional financial information: https://silverman-associates.com/saving-with-silverman-podcast/ep-43-manufactured-anxiety-or-worth-the-worry

What we discuss: 

1:00 – Social Security going broke?

2:47 – National debt out of control?

3:34 – Climate change a serious problem?

4:43 – Economy grind to a halt?

5:49 – Stock market crash coming?

Let’s talk about some of the red flags that people can look out for when they’re shopping for a financial advisor. Have you ever met with one of these types?

Read more and get additional financial information: https://silverman-associates.com/saving-with-silverman-podcast/ep-42-red-flags-with-questionable-advisors

What we discuss: 

0:51 – Hammer

2:51 – Oxygen hog

3:55 – Car trunk

5:39 – Empty suit

6:41 – Non-answerer

8:48 – Just give us your money

Almost everyone has made investment mistakes at some point. We’ll share how to bounce back from mistakes and avoid making them again in the future.

Read more and get additional financial information:

https://silverman-associates.com/saving-with-silverman-podcast/ep-41-moving-on-from-investing-mistakes

What we discuss: 

0:58 – What caused it?

2:07 – Increase savings

3:09 – Recalibrate your goals

4:42 – Get a real plan in place

Today we’re opening the mailbag and taking your questions about long-term care insurance, inheritance, and pension options. Is it OK to rely on a promised inheritance? What should you do if you’re too young to retire but are losing your job? We will discuss all of this today. 

Read more and get additional financial information: https://silverman-associates.com/saving-with-silverman-podcast/ep-40-mailbag-long-term-care-insurance-inheritance-and-pension-options

What we discuss: 

0:44 – Long-term care insurance

2:21 – Pension options

3:59 – Retirement money