Your Retirement Elevated Podcast with Scott Dougan

Many people enter into a relationship with their financial advisor with unrealistic expectations, often believing they can control the uncontrollable. The reality is an advisor can provide great value, but they can’t help you with everything.

Today it’s part ​two ​of ​our ​series ​on things your advisor ​can ​and ​can't do for you, and we’re going to clarify some misconceptions and set proper expectations regarding what an advisor cannot do.

Here’s what we cover in this episode:

Here’s what we cover in this episode:

0:00 – Intro

2:23 – Guaranteed returns

7:51 – Make you rich overnight

10:08 – Eliminate all risk

11:41 – Change behavior for you

14:04 – Final takeaways

💼 Want expert help in planning for your financial future?

Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg

📞 Call us: 913-393-4724

📚 Get a FREE copy of our latest book, Exceptional Retirement!

Download here 👉 https://keap.page/bu413/kiplinger-toolkit.html

🛠️ Check out our Retirement Toolkit

https://keap.page/bu413/exceptional-retirement-youtube.html

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📰 Read our latest articles on Kiplinger:

https://www.kiplinger.com/author/scott-m-dougan-rfc-investment-adviser

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In the world of finance, the role of a financial advisor can often be misunderstood. Many individuals think that hiring a financial advisor is solely about investment management or picking stocks. However, the role of an advisor is multifaceted so understanding what they can and can't help you with will allow you to make more informed decisions.

In this video, you’ll discover the five key things a financial advisor can do for you, from creating a personalized financial plan to helping you avoid emotional decision-making.

Here’s what we cover in this episode:

0:00 – Intro

1:15 – Create a personalized financial plan

5:30 – Preventing emotional decisions

12:35 – Discipline & Accountability

17:48 – Simplifying complex decisions

20:42 – Optimize investments

23:03 – The Number One Question to Ask

💼 Want expert help in planning for your financial future?

Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg

📞 Call us: 913-393-4724

📚 Get a FREE copy of our latest book, Exceptional Retirement!

Download here 👉 https://keap.page/bu413/kiplinger-toolkit.html

🛠️ Check out our Retirement Toolkit

https://keap.page/bu413/exceptional-retirement-youtube.html

🎥 Subscribe to our YouTube channel for more retirement insights!

🔔 http://youtube.com/@erg-kc?sub_confirmation=1

📰 Read our latest articles on Kiplinger:

https://www.kiplinger.com/author/scott-m-dougan-rfc-investment-adviser

📌 Follow us for expert retirement planning tips!

https://www.facebook.com/elevatedretirementgroupkc/

#retirement #retirementplanning

The day President Trump took office, he announced plans to implement a 25 percent tariff on goods from Mexico and Canada. Additional tariff conversations have exploded since that day. What could these mean to your personal finances and the economy? Today, we’ll explain a bit of the backstory of tariffs and discuss the possible financial pros and cons.

Here’s what we cover in this episode:

0:00 – Intro

0:53 – What is a tariff?

3:32 – History of tariffs

4:43 – Economic implications

8:30 – Benefits

10:45 – Market volatility

12:45 – Emotional reactions

Want to connect with us?  

Web: https://listentoscott.com/

Schedule a call: https://elevatemyretirement.com/contact/ or 913-393-4724

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

In honor of Valentine’s Day, we’re going to talk about the five love languages made popular by author Gary Chapman. If you’re not familiar with them, they include acts of service, quality time, words of affirmation, gifts, and physical touch. Today we’ll tell you ​what ​those ​have ​to ​do ​with ​planning ​for ​retirement. ​You'll ​be ​surprised ​by ​some ​of ​the ​connections ​Scott is able to make ​here.

Here’s what we cover in this episode:

0:00 – Intro

3:02 – Acts of Service

7:08 – Quality time

8:22 – Words of affirmation

13:35 – Gifts

17:16 – Physical touch

20:02 – Final thoughts

Want to connect with us?  

Web: https://listentoscott.com/

Schedule a call: https://elevatemyretirement.com/contact/ or 913-393-4724

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

As we gear up for another Super Bowl featuring the Kansas City Chiefs, let's take a moment to appreciate one of the best coaches in the game, Andy Reid. Whether you’re planning the perfect play on the field or preparing for retirement, success comes down to strategy, discipline, and knowing when to adjust. Today, we’re breaking down some of Coach Reid’s best quotes and how they apply to building a winning retirement plan.

Here’s what we cover in this episode:

0:00 – Intro

2:40 – Quote 1

4:05 – Quote 2

8:11 – Quote 3

11:02 – Quote 4

13:17 – Super Bowl prediction

Want to connect with us?  

Web: https://listentoscott.com/

Schedule a call: https://elevatemyretirement.com/contact/ or 913-393-4724

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

Everyone views their retirement differently, and there’s a segment of the population that wants to live life to the fullest. If they could build the perfect plan, that last check they write would barely clear the bank. For those that don’t want to leave a large legacy and would rather spend down their assets over their lifetime, we’ll talk about how personalized planning can help accomplish that goal and ensure you’re not going to run out of money too soon.

Here’s what we cover in this episode:

0:00 – Intro

3:08 – Strained spending

7:16 – Defining lifestyle needs

11:05 – Mindset shift

15:13 – Our process

Want to connect with us?  

Web: https://listentoscott.com/

Schedule a call: https://elevatemyretirement.com/contact/ or 913-393-4724

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

Chasing that magic number in retirement can be pretty anxiety-inducing. Many in the financial industry get fixated on saving and saving to reach this gigantic number, but there’s so much more detail that goes into figuring out what you will need to support your lifestyle. Today we’re going to tell you what goes into finding that financial independence number for you.

Read the article that Scott wrote for Kiplinger about this topic here: https://www.kiplinger.com/retirement/your-enough-is-enough-number-for-retirement

Here’s what we cover in this episode:

0:00 – Intro

2:23 – Essential questions

5:06 – The factors we consider

7:32 – Easing the anxiety

Want to connect with us?  

Web: https://listentoscott.com/

Schedule a call: https://elevatemyretirement.com/contact/ or 913-393-4724

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

As the cold winds of winter sweep across the Midwest, many retirees find themselves yearning for a change of scenery—a warmer, sunnier place to call home during the colder months. Enter the snowbird lifestyle, a popular choice for those looking to escape the harsh winter climate and embrace a more temperate environment.

In this show, we explore the world of snowbirding, the reasons why so many retirees are drawn to this lifestyle, and how it can be seamlessly integrated into your retirement plan.

Here’s what we cover in this episode:

0:00 – Intro

2:40 – Where people are enjoying their snowbird retirements

7:56 – Healthier lifestyles in warmer climates

10:05 – Zoombirds

Want to connect with us?  

Web: https://listentoscott.com/

Schedule a call: https://elevatemyretirement.com/contact/ or 913-393-4724

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

Maybe the biggest news of the new year is that Democrats and Republicans actually agree on something. The stats show that around 80% of people on both sides believe that the nation is facing a retirement crisis. So what are the biggest problem areas and how do we correct them?

This video will dive into results from a recent survey that reveal a vast majority of Americans, regardless of political affiliation, recognize the challenges of inadequate retirement savings, increasing debt, and inflation.

Here’s what we cover in this episode:

0:00 – Intro

0:31 – What is the retirement crisis?

3:04 – Debt

4:13 – Inflation

6:40 – Guaranteed income

9:55 – Social Security

Want to connect with us?  

Web: https://listentoscott.com/

Schedule a call: https://elevatemyretirement.com/contact/ or 913-393-4724

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

In today’s episode, Scott breaks down a recent Social Security solvency proposal that suggests a 40% reduction in benefits for high-income earners. Proposed by the American Enterprise Institute, this plan targets wealthier individuals to bear the brunt of reductions, allowing lower-income retirees to face less drastic cuts.

Scott weighs in on whether this proposal is likely to gain traction and examines broader challenges facing the Social Security system. He’ll also share what the potential adoption of a proposal like this could mean for the future of retirement planning.

Here’s what we cover in this episode:

0:00 – Intro

1:28 – Social Security proposal

3:05 – Challenges in the Social Security system

5:39 – How does this impact financial planning?

9:40 – Staying educated and communicating with your advisor

Social Security Reform Article:

https://www.fa-mag.com/news/social-security-reform-proposal-would-slash-benefits-40--for-high-earners-80419.html?section=131&utm_source=FA+Magazine&utm_campaign=e6e275dc58-FAN_Retirement_Allspring+Lead+Gen_112524+GTG&utm_medium=email&utm_term=0_-02ce404ce3-244628203

Want to connect with us?  

Web: https://listentoscott.com/

Schedule a call: https://elevatemyretirement.com/contact/ or 913-393-4724

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