The Retirement Power Hour

In this new episode of the Retirement Power Hour, Joe Allaria, CFP®, & Jay Waters break down how financial "experts" consistently make incorrect market predictions. They highlight key misses from 2024, including false recession calls, incorrect volatility forecasts, and failed AI bubble predictions. The takeaway? Ignore the noise, focus on a strategy built around your personal financial plan, and invest wisely for the long term.

If you enjoyed this episode, make sure to check out our podcast 2025 Contribution Limits

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Visit https://www.retirementpowerhourpodcast.com/ to leave a review on Apple Podcasts or Spotify.

Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss, and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria & Jay Waters are Investment Adviser Representatives of CarsonAllaria Wealth Management, Ltd., a Registered Investment Advisory firm. The information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!

Welcome to the Retirement Power Hour with Joe Allaria, CFP®. In episode 35, we break down the 2025 retirement contribution limits and key tax changes you need to know. Learn about updates to IRAs, Roth IRAs, 401(k)s, SIMPLE IRAs, and more—including the new provisions introduced by Secure Act 2.0.

Key Topics Discussed:
IRA and Roth IRA contribution limits and phase-outs
New 401(k) and SIMPLE IRA catch-up provisions
Changes to tax brackets, standard deductions, and Social Security wage base
HSA contribution updates for 2025

If you enjoyed this episode, make sure to check out our podcast Whole Life Vs. Term Life

Submit Your Questions
To submit a listener question, visit our website, and enter the details of your question.

Leave a Review
Visit https://www.retirementpowerhourpodcast.com/ to leave a review on Apple Podcasts or Spotify.

Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, Ltd., a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!

In this episode, Joe Allaria, CFP®, and Jay Waters dive deep into the pros and cons of two popular types of life insurance: Term Life and Whole Life. While both offer unique benefits, choosing the right policy depends on your individual financial goals.

Key Terms Discussed:
-Term Life Insurance
-Whole Life Insurance
-The Cash Value Debate
-Guaranteed Dividends
-Buy Term, Invest the Rest

Whether you’re new to life insurance or reassessing your coverage, this episode will help you understand the key differences between these two policies and give you the tools to make an informed decision.

If you enjoyed this episode, make sure to check out our podcast How Much Life Insurance Do I Need?

Submit Your Questions
To submit a listener question, visit our website, and enter the details of your question.

Leave a Review
Visit https://www.retirementpowerhourpodcast.com/ to leave a review on Apple Podcasts or Spotify.

Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, Ltd., a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!

Welcome to Retirement Power Hour! In Episode 33, host Joe Allaria, CFP®, discusses the key factors in determining how much life insurance you need. He covers important considerations like paying off mortgages, covering future expenses for children, and replacing income for a spouse, along with strategies for wealth transfer and estate tax planning. Joe also explains the difference between term and permanent life insurance, helping you decide what best suits your needs.   

If you enjoyed this episode, make sure to check out our podcast Can I Retire with $1M at age 60?

Submit Your Questions
To submit a listener question, visit our website, and enter the details of your question.
 
Leave a Review
Visit https://www.retirementpowerhourpodcast.com/ to leave a review on Apple Podcasts or Spotify.
 
Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, Ltd., a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!

Welcome to Retirement Power Hour! In Episode 32, host Joe Allaria, CFP®, interviews Scott Carson, a seasoned wealth advisor with over 30 years of experience. Scott, a senior wealth advisor at CarsonAllaria Wealth Management, shares valuable insights from his extensive career in financial planning.

If you enjoyed this episode, make sure to check out our latest podcast Can I Retire with $1M at age 60? 

Submit Your Questions
To submit a listener question, visit our website, and enter the details of your question.
 
Leave a Review
Visit https://www.retirementpowerhourpodcast.com/ to leave a review on Apple Podcasts or Spotify.
 
Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, Ltd., a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!

Can you retire with $1M at age 60? Tune in to Episode #31 as host Joe Allaria, CFP®, discusses the different factors that impact the answer, including your retirement expenses, other income, Social Security, and more. 

If you enjoyed this episode, make sure to check out our latest podcast on How to Retire Early Using Phases

Submit Your Questions
To submit a listener question, visit our website, and enter the details of your question.
 
Leave a Review
Visit https://www.retirementpowerhourpodcast.com/ to leave a review on Apple Podcasts or Spotify.
 
Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, Ltd., a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!

Do you want to retire now and gain more freedom sooner? The answer could be yes, but the path to achieving it might differ from what you imagine. In episode #30 of the Retirement Power Hour, Joe Allaria, CFP®, and Mark Allaria, CFP®, sit down and discuss ways you can retire early using phases. Many people envision retirement as abruptly shifting from a 40-hour workweek to working zero hours. However, incorporating a semi-retirement phase can allow you to experience retirement earlier and can offer additional benefits.
 
 If you enjoyed this episode, make sure to check out our latest podcast on How to Reduce Taxes with Charitable Giving. 

Submit Your Questions
To submit a listener question, visit our website, The Retirement Power Hour Website and enter the details of your question.

Leave a Review
Visit The Retirement Power Hour Website to leave a review on Apple Podcasts or Spotify.

Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!

Are you tired of donating cash to charities and missing out on potential tax savings? In this episode of the Retirement Power Hour, Joe Allaria, CFP®, provides four different ways, including Gifting Appreciated Shares, Qualified Charitable Distributions (QCDs), Bunching Donations Into One Year, and Mega-Bunching with Donor Advised Funds, that you can use to reduce your taxes while still giving to the charities that you care about.

Resources Mentioned on the Show:
• Charitable Donations Using Stock Not Cash
• Can I Lower My Taxes with a Donor Advised Fund
• Lowering Taxes with QCDs

If you enjoyed this episode, make sure to check out our latest podcast on The Stock Market During an Election Year.

Submit Your Questions
To submit a listener question, visit our website, The Retirement Power Hour Website and enter the details of your question.

Leave a Review
Visit The Retirement Power Hour Website to leave a review on Apple Podcasts or Spotify.

Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!

The 2024 presidential election has caused many investors to wonder if they should be doing anything differently. Is it safe to stay invested in stocks and bonds during this time, or should investors move their money to the sidelines until later this year? In Episode #28 of the Retirement Power Hour, Joe Allaria, CFP®, talks with Jake DeKinder, Head of Client Communications and Vice President at Dimensional Fund Advisors, about what the stock market has done in the past during election years and if the 2024 election year is different.

About Our Guest
As Head of Client Communications, Jake helps develop the messaging and communication strategy for Dimensional’s Global Client Group. In this role, he interacts closely with clients to understand their needs and challenges and best align the resources of Dimensional to produce content and materials that will support clients in their business. Prior to joining Dimensional, Jake owned and operated a restaurant franchise in the Atlanta, Georgia, area.

A CFA® charterholder, Jake earned his MBA and MPA from the McCombs School of Business at the University of Texas at Austin and his BBA from the Goizueta Business School at Emory University.

Resources Mentioned on the Show
How Much Impact Does the President Have on Stocks?

If you enjoyed this episode of the Retirment Power Hour, check out our Podcast on Cybersecurity: How to Stay Secure Online

Listener Question
I am trying to get information on spousal benefits and just watched your episode 12, excellent presentation. My husband is 73 and began taking SS benefits at full retirement age. I am now 66 and eligible for my own full retirement benefit, but a financial advisor recommended filing for the spousal benefit until switching to my own (higher) benefit at age 70. Do we both need to be born before 1953 for me to have this option? If you can answer, that would be so helpful since it is very difficult to get an appointment with SSA

Submit Your Questions
To submit a listener question, visit our website, The Retirement Power Hour Website and enter the details of your question.

Leave a Review
Visit The Retirement Power Hour Website to leave a review on Apple Podcasts or Spotify.

Disclaimer:
All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

In Episode #27 of the Retirement Power Hour, Joe Allaria, CFP®, talks about various ways you can protect yourself online from cybersecurity attacks, phishing attempts, and other forms of attempted fraud. 

Resources Mentioned on the Show:

1. As Nationwide Fraud Looses Top $10 Billion in 2023 
2. Identity Theft: 15 Ways to Protect Against Cyber Attacks 

If you enjoyed this episode, make sure to check out our latest podcast on Social Security: Will I Get It? 

Submit Your Questions

To submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com, and enter the details of your question.

Leave a Review

Visit The Retirement Power Hour to leave a review on Apple Podcasts or Spotify.

Disclaimer: 

All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of a Registered Investment Advisory firm. The information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Invest Wiser & Retire Better!