The Art of Money with Art McPherson

In this episode we get inspired from SB Champion and NFL Hall of Famer Michael Irvin. The Pro Bowler talks about financial confidence and who motivates him. This episode will have you ready to run through a wall. 

For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoney.com 

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Art McPherson details the difference between wants and needs once you reach retirement and how you can have a strategy that allows you to fulfill both. Plus, the reality of having uncomfortable conversations with your financial advisor. 

For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoney.com 

In this episode Luke McCarty talks about using 3rd party money managers and the importance of staying local with your financial advisor. Plus, with COVID, hurricanes and global instability dominating the headlines, how does if affect the markets? Does the current COVID surge play a factor in your retirement plans? How about the situation in Afghanistan, should that be a red flag for your wealth management?

For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoneyradio.com 

See omnystudio.com/listener for privacy information.

25% of adults end up going back to work after retiring. While some do it for the money, most just can't stop working. Luke McCarty explains the pros and cons of going back to work after retiring. Plus, Luke explains the Power Of Zoom within the McPherson Financial Group. Some clients love the in person appointment, but others find the convenience of an at home consultation more attractive. 

More more information on The McPherson Financial Group or to schedule an online or in person consultation visit www.artofmoneyradio.com 

See omnystudio.com/listener for privacy information.

Some think you need to stop giving when you retire. Art McPherson says if you are a charitable person, there are still ways you can donate the same amount (or even more) to your favorite foundation. Plus, Art details why some people are worried about getting a second opinion and more importantly, why its encouraged. 

For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoneyradio.com

See omnystudio.com/listener for privacy information.

We kick off this episode by asking some of our listeners if they know what a RMD is and how it works towards your retirement plans. Sadly, a lot of people have no clue but Art provides a RMD 101.  Plus, if you want to live your best cruise ship life, do you need to downsize your daily activities or make simple adjustments to your portfolio?

For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoney.com 

See omnystudio.com/listener for privacy information.

We work on our taxes all year but do you know the difference between Tax Planning and Tax Preparation? Art McPherson and Luke McCarty detail which is more important in your retirement planning. Plus, when it comes to a Rollover, there are simple steps you can do to avoid costly mistakes. And speaking of complicated, why are Annuities so overwhelming? Art talks about how to break down a confusing but important part of your financial growth. 

For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoneyradio.com 

See omnystudio.com/listener for privacy information.

Looks like baby boomers aren’t the only ones who are interested in lifetime income.  NerdWallet recommended annuities for Millennials because the value will increase and few of them will be eligible for a pension.  Art and Luke discuss if adults closer to retirement can still take advantage of annuities as a retirement tool. Plus, simple tax strategies that we often overlook that may help your portfolio. 

For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoneyradio.com  

See omnystudio.com/listener for privacy information.

Art McPherson had the chance to sit down with NFL Hall of Famer and Sb Champion Warren Sapp. They debate players getting paid in college, how the Bucs will look in 2021 and Sapp provides financial advice he wish someone would have told him. 

For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoneyradio.com 

We hear so much about the benefits of converting a traditional retirement account to a Roth and many of us just take it for granted that’s the way to go.  But some believe the financial benefit is relatively small and it’ll take longer than you think to see any benefit.  Art and Luke discuss the benefits of a ROTH Conversion plus, even though traditional pensions are not as common, they detail how you can create a "private pension" through your 401k.

For more information on The McPherson Financial Group or to schedule a consultation, visit www.artofmoneyradio.com 

See omnystudio.com/listener for privacy information.