Your Retirement Elevated Podcast with Scott Dougan

Have you heard of Pig Butchering? It’s not what you think. It’s a cunning new scam that’s draining retirement accounts and leaving victims penniless.

Today, we’re uncovering how scammers are using relationships built on various phone apps to lure people in. 

Here’s what we cover in this episode:

0:00 – Intro

3:02 – What is “pig butchering?”

6:09 – The scale of these scams

11:10 – How can we identify scams?

15:13 – Steps you can take to avoid scams 

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Watch the show on YouTube: https://bit.ly/3RiT7Ky

We’ve spent years helping educate clients on financial planning and we’re excited about stepping out of our comfort zone and into a new medium: filmmaking. Scott is a contributing producer for the new movie, The Psychology of Retirement, which recently premiered in Colorado.

Discover the behind-the-scenes stories of creating this impactful movie, the importance of a comprehensive retirement plan, and the challenges retirees face today. Scott shares his experiences from the red carpet premiere to private showings and explains why having a written retirement plan is essential for a secure future.

We’re inviting anyone who wants to see the move to call our office for details on how to get a copy.

Here’s what we cover in this episode:

0:00 – Intro

1:09 – How did this movie happen?

4:51 – Movie premiere

9:36 – Retirement challenges

15:30 – What you can get out of the movie

18:00 – Movie trailer

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Watch the show on YouTube: https://bit.ly/3RiT7Ky

Scott has always had a passion for cooking, and he recently completed a 9-week cooking course in Kansas City. In this episode, we explore the valuable lessons from the culinary world that can be applied to financial and retirement planning. 

One of the key concepts Scott learned is "Mise en Place," which emphasizes the importance of organizing and preparing all ingredients before you start cooking. This principle can similarly guide us in the financial realm, as we prepare and arrange our resources to enjoy a fulfilling retirement.

Here’s what we cover in this episode:

0:00 – Intro

10:14 – Mise en place

14:05 – Having a vision for retirement

19:03 – The value of having a team

28:43 – Experiences drive our feelings about finance

34:41 – Smooth sailing doesn’t mean nothing is happening

38:46 – You want a financial pro who has seen it all

The Culinary Center of Kansas City

https://kcculinary.com/

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Today’s a special episode discussing ​Medicare ​plans because it’s ​really ​important ​that ​you ​review ​your ​medical ​plans as soon as possible. Big ​changes ​are ​coming ​to ​the ​industry ​and ​you ​don't ​want ​to ​be ​caught ​off ​guard. ​That’s why we’ve invited Cortney Dale, CEO of Sunflower Insurance Solutions to point out the areas you have to pay attention to and highlight where you might need to make changes to your plan.     

Here’s what we cover in this episode:

0:00 – Intro

3:19 – Impact of the Inflation Reduction Act

5:49 – What’s changing with Medicare?

12:04 – Benefits of having an independent professional

16:27 – Lots of people will need help

18:49 – How to get help

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Are you and your spouse on the same page when it comes to what retirement is going to look like? If not, it’s time to talk. In this show, we'll explore why it’s so important for couples to have detailed conversations about their finances and retirement futures. Scott shares insights on how to navigate disagreements, the common issues couples face, and practical steps to ensure both partners are aligned.

Here’s what we cover in this episode:

0:00 – Intro

2:28 – Why you should work together

6:20 – Handling disagreements

9:40 – Healthcare costs

11:11 – Steps to take

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Watch the show on YouTube: https://bit.ly/3RiT7Ky

A random, retired YouTuber did a simple video exploring the top 5 regrets from other retirees he interviewed (all in their 70s). It blew up to almost half a million views (and counting). That ​clearly ​struck ​a ​chord ​with ​people ​that ​wanted ​to ​learn ​more ​about ​regrets ​in ​the ​retirement ​landscape. ​

Here’s what we cover in this episode:

0:00 – Intro

4:47 – They wish they had retired earlier

10:23 – They wish they had spent more when they first retired

16:02 – They wish they took better care of their health

18:33 – They wish they had taken up a hobby

22:10 – They wish they had traveled more

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Watch the show on YouTube: https://bit.ly/3RiT7Ky

When it comes to planning for retirement, annuities often come up as a topic of discussion. But what exactly are annuities, and how do they fit into your financial plan? Today we’re going to break down the four different types of annuities and explain their pros and cons to help you make the best decision on which one fits you the best.

Here’s what we cover in this episode:

0:00 – Intro

0:55 – Why the growth in annuities?

6:39 – Removing bias

9:39 – Immediate Annuity

12:40 – Fixed Annuity

18:15 – Fixed Index Annuity

24:02 – Variable Annuity

27:00 – Planning is crucial

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Watch the show on YouTube: https://bit.ly/3RiT7Ky

People always want to know whether they’ll get a Social Security increase and if so, how much will it be in 2025?

New government data shows that inflation is starting to subside, and that seems like it will have an impact on next year’s Social Security cost-of-living, or COLA, adjustment. Even though many retirees are still struggling with higher costs, the 2025 increase estimate shows the lowest adjustment in four years.

Here’s what we cover in this episode:

0:00 – Intro

1:12 – Scott’s reaction to the news

2:28 – Historical data

5:52 – Buying power nationally

12:54 – How it impacts spending

14:50 – Looking ahead

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Watch the show on YouTube: https://bit.ly/3RiT7Ky

So ​you ​think ​you've ​got ​it ​all ​figured ​out and you’re ​not ​going ​to ​give ​Uncle ​Sam ​a ​single ​dime ​more ​than ​you ​absolutely ​have ​to. ​Well, ​not ​so ​fast, ​my ​friend. ​On ​today's ​episode, ​we're ​going ​to ​give ​you ​four ​ways ​that ​you ​could ​pay ​more ​taxes ​than ​you ​had ​originally ​planned. ​A couple of ​these ​might ​surprise ​you.

Here’s what we cover in this episode:

0:00 – Intro

1:24 – Moving into a higher tax bracket

7:09 – Rates for tax bracket go up

8:33 – Fewer tax deductions

9:48 – New taxes

Get the free guide: Could Higher Taxes Derail Your Retirement Approach? - https://listentoscott.com/wp-content/uploads/2024/08/SW_HigherTaxes_WP_Client_0622.pdf

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Watch the show on YouTube: https://bit.ly/3RiT7Ky

When it comes to planning for retirement, one of the most critical aspects to understand is control. Knowing what is within your control, what you have some control over, and what is entirely out of your control can make a significant difference in how you approach planning.

Today we’re going to focus on the behavioral side of planning and discuss why control is an important part of the retirement equation. This equation breaks things down into three main categories: things that we have total control over, things we have no control over, and things that we have some control over.

Here’s what we cover in this episode:

0:00 – Intro

3:00 – Total control

6:20 – Emotions

8:00 – Not in control

9:55 – Some control

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

Watch the show on YouTube: https://bit.ly/3RiT7Ky