Your Retirement With Sam Duell

Sam, Andi, and Luke explain the importance of building income sources in your retirement and making sure they are in line with your expected expenses.  They dive into the subject of behavioral finance and how all the components relate to retirement planning.  They also highlight ways that money could be wasted in retirement such as excessive fees, overpayment in taxes, overspending, and ignoring healthcare costs.

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

Duell Financial Strategies

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We give three statements about retirement consideration and Andi and Luke out the one that is not true and explains why.  They also expand on some of the ones that are true.  They also cover valid retirement related questions that begin with the word “when” and point out areas to address in the planning process to help ease the anxiety of challenging economic times.

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

Duell Financial Strategies

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It’s amazing how you can take iconic movie clips and relate them to retirement planning.  If you’re skeptical about that, then listen to how Luke relates lines from movies to what we should be considering in strategizing for retirement.  He brings back the popular retirement myth busters in correcting some common misconceptions about long term care protection, debt, Social Security, and safe money.  What are good questions to ask when meeting with a financial advisor?  Luke covers some of them in this podcast.'

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

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

What are people searching for online when deciding to seek the help of a financial advisor?  Sam, Andi, and Luke cover some of the top searches and relates them to his specialty of retirement strategies.  Some include what to bring to the first meeting, how are financial advisors compensated, and why is a financial advisor better than a robo-advisor.  Then they explain why the age of 65 may be universally thought of as retirement age but that it’s different from person to person and explain why.  Sam, Andi, and Luke move into how to help ease that transition from accumulation to decumulation in retirement.

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

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Following the failed attempt to override President Biden’s veto of the Labor Department ESG investment rule, Marty explores the potential effects of that on the retirement savings efforts of Americans.  He also discusses the most recent interest rate hike.  What are red flags to watch out for when meeting with an investment advisor.  Some of these are covered here including high pressure sales, downplaying risk, and encouragement to go “all in” on one investment. 

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 look at the situation in the banking sector in explaining the root causes and possible effects.  They also discuss protective strategies regarding this and the other financial challenges we face.  They cover regrets that many retirees have and how to avoid them and they clear up misconceptions in the retirement arena in areas such as Social Security, annuities, taxes, and the 4% rule.

You can reach Duell Financial Strategies by calling 866-203-9486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Do you have a retirement plan that eases the fear of running out of money?  Marty covers what to consider in helping to allay that fear including developing a spending plan, aggressively contributing to your retirement accounts, building an emergency fund, and preparing for health care costs.  He offers suggestions to help you stay on track in your retirement.  Marty stresses to not give up on the stock market but to properly allocate your risk and to consider safer alternative investment options.  If you ask a retirement professional if you are ready to retire or how much you will need in retirement, you’ll probably get some questions from them to help them ascertain.  Questions covered in this podcast include if you’ve considered a “second act” in your retirement, how important your financial legacy is to you, and if you and your spouse or partner share your retirement lifestyle vision.

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 go over strategies to consider in building your retirement income.  They start by discussing how retirement income building strategies are so much more important now than in the days when many people had a pension to count on.  They talk about risk tolerance, using tools like annuities, and even taking a hard look at your retirement date and your Social Security claiming age in the effort to make your money last in retirement.  They also break down the “rollover” strategies involving your 401(k), 403(b), and IRA.

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 cover retirement savings strategies to consider and some to at least give a second thought.  They discuss fixed annuities, Roth IRAs, Dividend Aristocrats, and Health Savings Accounts as some vehicles to strongly consider.  They also stress being properly proportioned as to how much you keep in a savings account, the pros and cons of CDs and Money Markets, and how much you should have in low risk investments.  They talk about the Fed and the effect that rising interest rates could have on your portfolio.

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

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Luke covers some strategies to help eliminate worrying about your retirement savings and running out of money in retirement.  Those include paying off debt, determining retirement spending needs, practicing retirement spending, and investing in the right type of insurance.  He then reveals some retirement stats related to longevity and planning for that, accessing retirement funds too early, and planning for the possibility of being forced into retirement before you’re ready.  What are signs that you may not be ready to retire.  Luke talks about those who are looking for a quick retirement fix and spending without a plan.

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

Duell Financial Strategies

See omnystudio.com/listener for privacy information.