The Retirement Solution

In the golfing world, a “mulligan” is a do-over.  But the ability to have a second chance in your retirement may not be so easy.

On this episode, financial advisor Jon Hicks shares the 5 crucial strategies they believe everyone needs to live out a comfortable retirement, even when things don't go according to plan.

Learn about protecting your retirement investments from market swings, boosting income potential, minimizing taxes, legacy and healthcare planning.

Avoid “do-overs” in your retirement. Visit RetirementSolutionRadio.com  to learn more about navigating the course with more confidence.

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On this episode, financial advisor Jon Hicks uses Shohei Ohtani’s landmark deal with the LA Dodgers to highlight the smart financial moves you can make to help better secure your future.

 

Jon breaks down steps for individuals, small business owners, and professionals to help maximize savings and create a tax-smart financial strategy. Discover insights on tax-efficient planning and how understanding the tax code can be a game-changer.

 

Learn how keeping more of what you've earned could be the key to your financial success.

Visit RetirementSolutionRadio.com to connect with Jon and his team at J Hagan Capital.

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The stock market was up 8% in November. Some economists say it’s based on hope that interest rates will finally come down next year, but others argue that the market can keep going even with higher interest rates.

 

On this episode, we hear from economist Ken Polcari who challenges the need for rate cuts, saying a 5% rate is sustainable. Drawing on personal experiences and historical mortgage rates, Jon paints a vivid picture of the market's resilience and the potential impact of fluctuating interest rates on investments.

 

He continues by highlighting current alternatives thanks to higher interest rates. Options like insured indexing and principal protected notes are providing investors more options for diversification.

 

Connect with Jon and his team at J Hagan Capital to learn ideas on combining historical wisdom with modern financial opportunities in your own plan.

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In this episode, financial advisor Jon Hicks delves into lesser-known opportunities, such as “backdoor Roth conversions,” highlighting the tax advantages and potential growth of converting after-tax dollars into a Roth 401(k), whether you're approaching retirement or are already retired.

 

As Jon breaks down these complex financial strategies, he emphasizes the importance of understanding the rules and laws governing your money. Whether you're fine-tuning your retirement plan or starting from scratch, this episode provides actionable insights to help secure your financial well-being.

 

Don't let the year end without exploring available financial moves. Connect with Jon and his team at J Hagan Capital to learn unique ways to maximize your retirement.

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In this episode, Jon Hicks unravels the complexities of healthcare costs in retirement. With alarming studies projecting substantial expenses, Jon dives into the numbers, dissecting the 90% chance that a 65-year-old couple needs nearly $300,000 in savings for healthcare coverage.

 

Drawing from his own personal experiences of his father’s healthcare needs and costs, Jon addresses the genuine concerns retirees face when it comes to preserving their savings amid healthcare challenges.

 

He emphasizes the need for a comprehensive approach, touching on protection, income strategies, tax efficiency, wealth transfer, and the evolving landscape of long-term care planning.

 

Don't let healthcare costs catch you off guard. Connect with Jon and his team at J Hagan Capital.com for actionable insights to help fortify your financial future.

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In this episode, Jon Hicks takes a sharp turn into the realms of financial etiquette and questionable advice, spotlighting the recent proclamation of a popular nationally syndicated personal finance radio host who said retirees should stay 100% invested in stocks and withdraw 8% of their portfolio each year—with no worries.

 

Jon dissects why this advice is not only unrealistic but downright dangerous. From the fallacy of consistent 12% market returns to the volatile nature of equities, discover why a customized approach to retirement planning is crucial.

 

Jon breaks down the math, debunking the myths around high withdrawal rates and emphasizing the importance of understanding market history.  Don't let impractical advice jeopardize your financial future. For personalized insights and guidance, connect with Jon and his team at J Hagan Capital.

 

Visit RetirementSolutionRadio.com to continue the conversation.

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New inflation numbers came in lower than expected. October's Consumer Price Index was 3.2%, down from September’s 3.7%, and the core CPI (which excludes food and energy prices) dropped one-tenth to 4.0%. Still, the numbers remain higher than the Fed’s goal of 2%.

 

In this episode, financial advisor Jon Hicks shares insight on the intricate dance of preparing for your financial future amid the challenges of inflation, market risks, and the critical need for a sustainable income in retirement.

 

As savers seek ways to create increasing income in retirement, to account for inflation, Ron Barron of Barron’s Magazine says to look to the market for that growth. But the market comes with its own risk that can compromise retirees’ savings.

 

Discover the importance of efficient portfolio design, why lumping everything together can be a detriment, and how to allocate your assets intelligently. From safeguarding a portion of your portfolio with no-risk, high-yield options to strategically investing in growth opportunities, learn ideas on crafting a more resilient financial plan.

 

Don't let financial uncertainty cast a shadow over your retirement. Visit RetirementSolutionRadio.com to continue the conversation with Jon and his team at J Hagan Capital.

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From avoiding the "Browns," to building 3-story houses, there are real strategies to winning at Monopoly… and the same goes for your retirement plan.

 

On this episode, Jon delves into ideas on real-world wealth-building and the importance of protecting that wealth from unnecessary taxes. He breaks down the complexities of the tax code and shares ideas to make it more accessible for listeners eager to safeguard their dollars.

 

With potential changes in tax laws looming, Jon further emphasizes the need for a proactive approach. Uncover the secrets to paying the least amount of taxes over your lifetime and discover a three-generational tax-free wealth transfer strategy that could revolutionize your financial legacy.

 

Don't let your financial strategy be a game of chance. Connect with Jon and his team at J Hagan Capital to learn more about making your dollar go further.

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Join Financial Advisor Jon Hicks as he dives into the evolving landscape of retirement planning amidst "funflation." With the rising costs of experiences and entertainment, there's a new challenge in retirement — balancing the desire for fun with the need for financial security.

 

From the surprising impact of inflation on everyday items to the skyrocketing prices of concert tickets, Jon discusses the tangible effects of “funflation” on retirees while sharing insight on how to enjoy the vibrant experiences you've dreamed of without jeopardizing the sustainability of your financial future.

 

Learn about the concept of "front loading retirement" and why you should factor in the unique pressures and stresses on your investment portfolio during the early years of retirement.

 

Ready to craft a retirement plan that blends fun and stability? Start the conversation with Jon and his team at J Hagan Capital.

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In this episode of The Retirement Solution, Jon Hicks heads to Nashville to sit down for a great interview with one of the most powerful couples in music today. Sixteen-time Grammy award-winning musician, composer, and producer David Foster and his wife, acclaimed singer-songwriter, television and Broadway star Katharine McPhee recently joined forces on stage with the Nashville Symphony for an intimate performance of some of their most popular songs. Afterwards, they joined Jon backstage to discuss family, professional drive, and the legacy they hope to leave!

 

Connect with Jon and his team at J Hagan Capital today!

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