Behavioral finance plays a crucial role in the financial planning we do at the Athenian Private Client Group and it’s part of the Human Element Program we roll out for clients. Today we want to explore the psychology of finance, explain our approach, and look at the role it plays in investing.  

Here’s what we discuss in this episode:

0:00 – Intro 

0:35 – Psychology of finance

2:27 – The questionnaire 

4:34 – Observations

6:40 – Behaviors impacting investments

8:28 – The role of an advisor

11:35 – The first steps

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

When we think of retirement, we often imagine a life free of stress, full of leisure and relaxation. However, the truth is that retirement can be one of the most stressful events in a person's life. In this episode, we’ll look at the ways to proactively deal with the stress surrounding the retirement process.

Here’s what we discuss in this episode:

0:00 – Intro

1:31 – Adjusting to a new lifestyle after retirement 

3:00 – Embracing new opportunities in retirement

4:50 – Changing priorities over the course of retirement

8:07 – Keeping a sense of perspective 

9:52 – The importance of having a good advisor  

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

Each generation is currently navigating a unique part of the retirement planning experience. Right ​now, ​the ​baby ​boomers ​are ​retiring ​every ​day ​at ​record ​numbers. ​This major life event comes with a handful of financial planning questions that every baby boomer should be asking, and today we’ll do our best to provide some answers.

Here’s what we discuss in this episode:

0:00 – Intro 

1:37 – Managing risk of market volatility

3:17 – Turning saving into retirement income

5:18 – Healthcare costs

7:19 – Passing along your wealth

9:52 – Maximizing Social Security benefits

12:06 – Downsizing or relocating in retirement

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

Are you planning for your retirement with the confidence that you're making all the right moves? In today's episode, we'll unveil the crucial income planning mistakes that could jeopardize your retirement and show you how to craft a financial plan that's built to last decades, not just years. 

One of the most challenging aspects of retirement is transitioning from a regular paycheck to creating your own income, but it can be made easier by working with a financial advisor. We’ll give you a look into our income planning process and explain why these mistakes could cost you. Tune in to ensure your retirement strategy is foolproof against common pitfalls and ready to secure your financial future. 

Here’s what we discuss in this episode:

0:00 – Intro 

0:45 – Importance of income planning

2:34 – Longevity

4:33 – Social Security

6:27 – Bonds

8:06 – Inflation

10:26 – Lifetime income streams

13:56 – Review and adjust

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

Have you ever wondered what questions to ask your financial advisor, or why those questions are crucial? In today’s episode, we’re tackling exactly that. We're discussing the vital questions that bring transparency and depth to your financial advisory relationship. 

It's about getting clarity on how advisors work, what they specialize in, and how they align with your financial goals. These are the questions you MUST ask your financial advisor. We explain why each of these items is important for identifying an advisor that will be a good fit and explain how we answer these questions from the people we meet with.

Here’s what we discuss in this episode:

00:00 - Introduction and Importance of Asking the Right Questions

01:19 - How Do You Get Paid?

03:59 - Investment Philosophy

05:03 - Advisor's Strengths and Specialties

06:59 - Establishing Communication Expectations

07:32 - Working with the Advisor or Their Team

09:16 - Educational Resources and Workshops

13:00 - Emergency Situations and Succession Planning

14:04 - Initial Meeting Process

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards.

Here’s what we discuss in this episode:

0:00 – Intro 

2:00 – 401k match

3:28 – Tax-deferred accounts

5:17 – Emergency fund

6:18 – Cash out retirement plan early 

8:47 – Delaying home maintenance

10:23 – Social Security

12:53 – Health

14:36 – Wrong advisor

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

Every generation likes to talk about how much harder things used to be when they were kids. Like all of the people who used to have to walk five miles to school, in the snow, uphill both ways. But they had at least one thing that was EASIER…and that was retirement planning. Let’s talk about why on today’s episode.

Here’s what we discuss in this episode:

0:00 – Intro 

2:01 – Job and company loyalty

3:39 – Personal Savings

5:15 – Housing market

7:14 – Investing

9:24 – Interest rates

11:16 – Healthcare costs

13:35 – Life expectancy 

14:51 – Social Security

16:40 – Sandwich generation

18:20 – Financial Literacy

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

Market volatility became the norm in 2022. Are we in for more of the same in 2023? We’ll talk about the market outlook for the next 12 months, plus share tips on how you can best prepare for potential future volatility.

Here’s a little of what you’ll learn on this episode:

• Mergers & Acquisitions says “signs point to more market volatility in 2023”. Here are our thoughts.  (2:32)
• Should you have a different growth strategy considering the market predictions for 2023? (8:22)
• The difference between a plan and emotion-based decision-making. (11:45)

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

Most of us will have made a financial mistake or two in our lifetime, some small, and some big. It’s much easier to make a big mistake when major life changes occur and emotions are at a high.

Let’s explore some of the things you should be thinking about to make smart financial decisions when you encounter some of the most significant events in your life.

Here’s a little of what you’ll learn on this episode:

• What should I do with my 401(k) when changing jobs? (2:13)
• How does divorce impact financial decisions? (4:32)
• An inheritance can go to waste if you don’t know what to do with your money. (8:26)

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx

Sometimes you need to find a new financial advisor. Other times, you might think you need a new advisor, but really, you’re just guilty of thinking that the grass is greener on the other side.

Today we’re sharing some common scenarios and whether they’re legitimate reasons for leaving your advisor. We’ll share some hypothetical scenarios and see if any of these apply to you.

Here’s a little of what you’ll learn on this episode:

·      Should I leave an advisor who made a mistake? (2:25)

·      Should I leave an advisor who doesn’t have as much time for me? (5:06)

·      Should I leave an advisor who is not very engaging and outgoing? (7:41)

Have questions or want to get your financial plan started? Here's how to contact us:

Website: https://theaudibleadvisor.com/

Phone: (727) 754-8418

Email: [email protected]

Watch the show on YouTube: https://bit.ly/3VmzCUx