We can learn from celebrities even when they make mistakes.  Sam and Luke cover some bad celebrity financial moves from not having proper estate planning to overspending to getting in trouble over taxes.  They further give tips on mistakes to avoid such as failing to have a tax plan, estate plan, or diversification.  How can you beef up your savings?  You’ll find some good suggestions in this podcast.

You can reach Duell Financial Strategies at 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

At the opening of football season, Sam, Andi, and Luke discuss good offensive and defensive strategies to consider in retirement planning.  They talk about going on the offense with income built in, building wealth, diversifying, and creating a budget.  Defensive measures include bridging gaps, building an emergency fund, creating an estate plan, considering appropriate insurance, and looking at protective long term care strategies.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Andi and Luke share insight into our current climate and factors to consider given higher inflation and higher interest rates.  They also break down a survey reflecting confidence levels of those in the Generation X and baby boomer generations.

You can reach Duell Financial Strategies at 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

It’s amazing how you can tie iconic TV sitcom scenes to retirement planning.  Sam, Andi, and Luke do just that with Kramer giving himself a gold watch and pointing out that retirement falls more on us now.  Fred Sanford gets a lesson on how Social Security benefits are calculated and Archie Bunker schools us on inflation.  Those clips and more are featured in the podcast.  Then Sam, Andi, and Luke school us on annuities.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

What are some of the standard retirement rules?  How have they withstood the test of time?  How could they be good starting points.  Sam, Andi, and Luke cover the 4 percent rule, the Rule of 72, the 60/40 Stock/Bond Rule, and the Rule of 100.  They also give information on Social Security in the form of a quiz.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Andi and Luke discuss the best proactive responses to retirement strategies including long-term care, health care, living on pre-taxed income, and factoring inflation.  They also address concerns of pre-retirees and retirees and offer good questions to ask of yourself.  These include:“do I have a plan” “do I have a budget” “do I have income built into my plan” “am I working with a retirement specialist?”

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke address some of the reasons people give for putting off seeking the help of a financial retirement professional including a feeling of being overwhelmed by it, thinking they don’t have enough money, and thinking it would be too expensive.  They look at how your financial strategies should be adjusted when you’re getting closer to retirement and then break down how retirement can be more expensive than most of us think and how to prepare for that.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke address some of the reasons people give for putting off seeking the help of a financial retirement professional including a feeling of being overwhelmed by it, thinking they don’t have enough money, and thinking it would be too expensive.  They look at how your financial strategies should be adjusted when you’re getting closer to retirement and then break down how retirement can be more expensive than most of us think and how to prepare for that.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke cite statistics from a couple of surveys that state the obvious.  Couples don’t necessarily see eye to eye when it comes to finances and retirement.  They stress the need for compromise in areas such as risk, savings, and retirement target date.  They address retiree concerns like inflation, the state of Social Security, and longevity and get back to basics with some good practices to make sure you’re on the right track to retirement.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Luke goes on the hot seat guessing the top answers from participants in a 2023 EBRI Employee Benefit Research Institute retirement confidence survey.  We cite results on concerns of pre-retirees and retirees in their comfort level on reaching retirement and living comfortably in retirement.  Luke moves into strategies to consider in the financial red zone, 5-10 years from retirement.  He then discusses the advantages to consider when looking at the Roth IRA option.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.