Your Retirement Elevated Podcast with Scott Dougan

When it comes to financial planning, everybody has some kind of pain point. Those pain points are different for each person, but everyone has something that bothers them. Let's talk about how Scott has helped his clients through these common pain points.

A lot of volatility took place at the end of 2018, so it's important to get some perspective. Let's take a look back at last year's market, the current condition of the market, and what we can look forward to in the future, as Scott gives us this year's State Of The Markets.

Retirement isn't what it used to be, and it means something different to every person. For previous generations, it was all about taking things slow. But for more and more people today it's about discovering new opportunities, passions, and purpose. So let's take a look at how this generation's retirees are redefining this brand new chapter in their lives.

Most investors are just not very good at investing. But why is that? It turns out that there are quite a few psychological biases that cause people to make irrational decisions about their investments, even when they know better. Find out which of those biases you might be falling victim to and learn how to guard yourself against irrational investing behavior.

Like the weather, the stock market experiences highs and lows - sunny days as well as gloomy ones - and the forecast can change at any given time. But even in weeks when storms seem to be unceasing, we can usually count on brighter days ahead. That's why it's important to keep market corrections in perspective.

The Do-It-Yourselfer. The Ostrich. The Gambler. The Model Citizen. Are you one of these types of clients? On this episode, we'll take a look at all the different types of personalities that walk through Scott's door and the unique challenges they face.

We want to make sure you actually know what you're getting when you work with a true financial advisor and planner. So, on this episode, we'll detail exactly what the different elements of Elevated Retirement Group's services look like. We'll cover retirement income and distribution planning, investment oversight service, tax reduction planning, healthcare, family wealth planning, and set expectations for ongoing services and communication.

https://listentoscott.com/podcasts/episode-10-what-actual-services-should-your-advisor-provide/

When you're hiring a financial professional, you need to be careful that you're finding the right advice-giver. Not all advisors are made the same. On this episode, Scott will detail the difference between a fiduciary advisor and one who only adheres to the suitability standard. We'll also cover the important questions to ask a prospective financial professional and tell you how to do a background check on your advisor.

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As mentioned in this week's episode, don't forget to check out FINRA and SEC Advisor Search to get important background information on your future (or current) financial advisor.

Scott gives us a blow-by-blow account of the things we should be looking into at the end of the year from a tax perspective. There were a lot of changes in the Tax Cuts and Jobs Act of 2017 and it might have a big impact on how you file in April.

For years, Scott cut off the ends of the holiday ham. When his wife asked him why he was performing the odd task he didn't have a great explanation. It was just because that's how grandma did it. So he set out to discover why she used to cut off the ends of the ham and, of course, it led him to a unique way to analyze some old retirement planning assumptions.