Sound Retirement Radio

In today's podcast episode I have the good fortune to interview Joe Hancock and Katie Warren who are with HighGround Advisors regarding Donor-Advised funds and charitable giving strategies. We cover a lot of the mechanics of donor advised funds such as how to set one up, how they work, fees associated with them and some of the tax benefits that come along with them.

One interesting aspect we discuss is how donor advised funds can be used as a tool for multi-generational giving and passing on philanthropic values to future generations. This is particularly relevant for families who want to involve their children in charitable giving. We explored various strategies, including bunching or bundling donations together in specific years to enhance itemized donations on your tax return or donating appreciated assets like business interests, mineral interests and real estate.

We also discuss qualified charitable distributions, charitable gift annuities and charitable trusts as alternative ways to support charities while also receiving potential tax benefits.

Throughout the conversation, Joe and Katie share valuable insights and tips for maximizing the impact of your charitable giving through donor advised funds. They also discuss the importance of doing research and due diligence before choosing a donor advised fund provider and why you will want to make sure the donor advised fund you choose aligns with.your values.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Jason's Books:  Sound Retirement Planning Retirement Calculator: How Much Money Do I need To Retire?

In today's podcast, Jason interviews Anne Lester about her new book, "Your Best Financial Life: Save Smart Now for the Future You Want."

Anne is a retirement expert, formerly serving as the Head of Retirement Solutions for JPMorgan Asset Management, where she dedicated nearly 30 years of her career.

During the interview, Anne not only shares insights from her own retirement journey but also discusses the aspects of retirement she eagerly anticipates in this new phase of life. She offers practical tactics for simplifying money management, including the implementation of guardrails to mitigate financial regret. Make sure to listen until the end, where she emphasizes the importance of cash flow in retirement preparation.

For additional articles, links, and resources, please visit https://SoundRetirementPlanning.com.

Here is a question for you to consider. What's the point of accumulating wealth for retirement if poor health prevents you from enjoying it? Recenlty I have had people noticing that I have lost weight, commenting on how skinny I have become and asking me what I was doing. And I have to tell you I am feeling great. So in todays podcast I'm going to share with you what changed and how I've been able to lose 20 pounds in four months and also lose the belly fat. I'm going to share my diet and exercise routines and the technology I used to record my progress.

In this Easter special episode, Jason welcomes Tim Tenbrink as a guest to delve into the topic of biblical stewardship.

In today's podcast we cover a lot of retirement topics. The reason I wanted to share this podcast episode with you is because we talked about finding purpose in this next phase of life. I want all of the people who listen to Sound Retirement Radio to achieve Clarity, Confidence and Freedom and I want you to retire too something, not from something. In this podcast we discuss 7 exercises you can use to help you achieve a greater sense of clarity.

The free PDF document we discuss in this episdoe will be made available as a link on Sound Retirement Planning.com. If you are preparing for retirement be sure to go through the 7 exercises so that you can have a greater sense of clarity as your prepare for retirement.

When you know what is most important in life it makes it easier to prioritize your most valuable resource, your time.

I hope you enjoy this podcast episode.

As always articles, links and resources will be available at SoundRetirementPlanning.com just click on episode #424

In today's podcast episode, I want to explore how to evaluate if it makes sense to sell a rental property. Many people we have served over the years own rental properties and rental properties can be a great tool for retirement because they generate predictable inflation-adjusted income. However rental properties can have their drawbacks as well. In today's show, I am going to share the process that we use to help people evaluate if they should keep or sell a rental property from the perspective of retirement cash flow. With interest rates on fixed income being so low for so many years it had been hard to justify selling a rental property but with fixed income interest rates increasing and the appreciation of real estate starting to stall as a result of higher borrowing costs, the analysis is changing.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

It is my good fortune to have Wes Crill, PhD as a guest on the podcast today. Wes is a senior investment director and Vice President with Dimensional Fund Advisors. Prior to joining Dimensional, he was a PhD student studying materials science engineering at North Carolina State. His research focused on modeling engineering processes at a scale of 1 billionth the size of a human hair.

In today's podcast we discuss the difference between investing and gambling. The benefits of global diversification. Some of the nuances associated with only investing in the S&P 500 index. We discuss the life cycle theory of finance, should you buys gold, the reconstitution effect of index funds, the importance of having a financial plan, mutual funds vs ETF's, Why not all small cap investing is the same among fund providers. We discuss the science of investing and the pursuit of higher expected returns.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

One of my clients recently forwarded an article with the headline that reads "US economist predicts 2024 will bring "Biggest crash of our lifetime".

Here is a quote from the article  "This is the one time I'm telling you, do not listen to your financial adviser. Things are not going to come back to normal in a few years. We may never see these levels again. And this crash is not going to be a correction. It's going to be more in the '29 to '32 level. And anybody who sat through that would have shot their stockbroker."

Unfortunately, when these types of articles are published it can cause people to worry and question both their financial plan and their investment strategy.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

 For article links and resources mentnioned in todays podcast visit:

https://soundretirementplanning.com

Will the outcome of the next presidential election have an impact on your investment strategy? Should it? Will you be making changes to your investments depending on who is elected?

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

In todays podcast I'm going to share some of my favorite things in 2023. You will notice I'm releasing this episode on Black Friday. It's time to get your wallet out and start shopping. This time of year give me a bit of anxiety because I'm not very good at buying gifts. I remember when Oprah used to do her Favorite things TV show and everyone in the audience would receive gifts, well no such luck in todays podcast you guys are not getting anything other than ideas. But finding the perfect gift for people can be difficult so I wanted to share with you some of my favorite things from 2023 and maybe inspire you to think of a gift ideas for the special people in your life.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

We made it. Following today's podcast, I am excited to announce that all 13 chapters of my latest book have been recorded and released as a free podcast exclusively for you, our listening community. Soon we will be releasing the audiobook. If you listen to, or read the entire book you will notice that it starts with a basic framework for a comprehensive retirement financial plan and each chapter builds on the next.

I sure appreciate the opportunity to teach you the concepts, ideas and strategies that will help you have an amazing retirement. We have some incredible things scheduled for 2024. Having surpassed 1 million podcast downloads and with thousands of individuals utilizing our retirement budget calculator, we are expanding our team at Parker Financial, to provide even greater assistance to individuals seeking investment management and retirement planning in 2024. Our aim is to empower more people than ever before. It's going to be an amazing year.

As we approach Thanksgiving, I just want to let you know how much I appreciate you. Thank you for telling your friends about the podcast and sharing the books and retirement budget calculator with the people you care about. I sure appreciate you.

With Christmas around the corner I am going to steel an idea from Oprah Winfrey and next week I am going to share with you some of my favorite things from 2023. From gadgets, to books, kitchen equipment, pickleball gear and clothes. If you find it difficult to come up with creative gift ideas I think you will enjoy next week's podcast.

In this podcast episode, I will provide compelling reasons for you to seriously consider the benefits of hiring a financial advisor. Why it is important to avoid high fees and commissions. To comprehend the potential value that advisors can offer, we examine studies conducted by Canada, Vanguard, Morningstar, and Envestnet PMC. Hiring a financial advisor can bring peace of mind, as it helps us uncover the unknowns we didn't even realize existed. Hiring a financial advisor can provide valuable assistance in various aspects of your financial planning. They can help you create a comprehensive retirement plan, guide you in asset allocation and risk management, assist with investment management, cash-flow planning, and income sourcing. Additionally, they can offer expertise in tax planning, charitable giving strategies, and estate planning concepts. A financial advisor can also provide behavioral coaching to help you make informed decisions. After listening to today's podcast, I hope that many of you will consider exploring the benefits of working with a financial advisor to optimize your financial well-being.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

In today's podcast, you are going to learn about Medicare. Medicare is a comprehensive health insurance program that becomes available to most individuals when they reach the age of 65. We cover topics such as, What are the different parts of Medicare, when should you enroll? How much should you budget for Medicare? Insurance often stands out as the most significant expense for those who have successfully paid off their mortgage. Medicare is a good deal once you turn 65 and you will want to make the most of it.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

In today's podcast, we are going to explore Rebalancing. We will look at investment portfolio construction, how rebalancing is implemented and when you should consider doing the rebalancing. When you are getting ready to retire you will begin to think more about how your investments can generate cash flow and you will likely feel the need to reduce volatility when you begin taking portfolio withdrawals. Rebalancing serves primarily as a risk mitigation tool rather than a means of maximizing returns. According to a paper by Vanguard, "rebalancing tends to increase a portfolio's Sharpe ratio, improving risk-adjusted returns".

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

Articles, links and resources mentioned in today's podcast can be found by clicking on Episode #415 at  https://soundretirementplanning.com/

In Chapter 9, we delve into the importance of asset allocation and the pursuit of higher expected returns using academic research to inform our investing strategy.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

YouTube - Investing In Retirement

YouTube - Buckets For Diversification

In Chapter 8, we dive into investing strategies. I spend the first couple of pages of this chapter talking about diversification of your money across time segments, often called buckets. Since the publication of this book I have completed some additional back testing of a bucket strategy using a bucket simulator that one of our RBC community members developed and which you have access to. One of the things I was attempting to do in the buckets backtest was to simplify buckets by spending them sequentially rather than having refill rules. In this chapter I discuss bucket refills but after doing additional research on spending sequentially I don't think the refill rules are necessary. When you watch the video you will see that this approach of diversification works very well when compared with a 60/40 stock bond mix that is rebalanced each year. At least it works really well in the context of history. As I often remind the people we serve. History is a guide, but past performance is no guarantee of future results. If you are interested in watching the video I will include a link at Sound Retirement Planning.com so that you can see how a bucket strategy performed and I will also provide some links so that you can do you own bucket backtesting. After the discussion on buckets I get into the art and science of investing and we discuss both strategic asset allocation as well as tactical investment management. 

https://www.youtube.com/watch?v=rjGNKAwT4bc

https://www.retirementbudgetcalculator.com/post/fill-the-buckets-and-glide-away

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

In Chapter 7, we dive into retirement withdrawal strategies. We will look at the 4% withdrawal rule, the buckets strategy (which is similar to the barbel strategy), Dynamic withdrawals, the RMD rule, Spending floors, only spending dividends and interest and never touching the principal. There are pros and cons to each of these strategies but at the end of the day you will need to pick the strategy that makes the most sense for you.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

In Chapter 6, we dive into the crucial decision of when to start claiming social security benefits. For many individuals, this choice can determine whether they have sufficient funds for retirement or face financial challenges later on. Implementing an effective social security claiming strategy can potentially result in an additional $50,000 to $100,000 of lifetime income. For many people social security is the only guaranteed income they will have in retirement. It is prudent to dedicate time to analyzing the numbers rather than relying on the opinionated individuals on social media platforms like Facebook. With years of research and expertise in this field, I will provide you with valuable insights in this chapter. For more comprehensive information on social security, please visit Sound Retirement Planning.com and search for Social Security.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

This special episode because I wanted to address some of the concerns we are hearing from people regarding stock market volatility and some of the news headlines. The title of this episode is "Down But Not Out".

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

How much money do you need to retire?

What impact will inflation have on your retirement?

When should you start social security?

How long will your money last?

These are the topics I cover in my book and as we prepare to launch the audio version of the book I am giving you one chapter per week as a podcast episode.

In episode 409, we delve into the crucial topic of retirement spending. Understanding your expenses plays a vital role in determining if your savings are sufficient. Unfortunately, many individuals preparing for retirement make a common error by solely focusing on their savings and investment strategies, while neglecting to allocate ample time towards understanding their spending patterns. To foster confidence as you approach retirement, it is paramount to prioritize the most crucial figure of all: your retirement spending.

How long does your money need to last?  In this chapter I discuss longevity and some of the tools you can use to estimate your life expectancy.  Click here for a video on how to use the Society of Actuaries Longevity Calculator. The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

I'm excited to announce the upcoming release of the audio version of my book, "Retirement Calculator: How much money do I need to retire?". As a token of appreciation to our podcast listeners, I'll be unveiling one chapter per week as a podcast episode. In essence, over the course of the next 13 weeks, you'll have the opportunity to enjoy the entire audiobook completely free of charge.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

I'm excited to announce the upcoming release of the audio version of my book, "Retirement Calculator: How much money do I need to retire?". As a token of appreciation to our podcast listeners, I'll be unveiling one chapter per week as a podcast episode. In essence, over the course of the next 13 weeks, you'll have the opportunity to enjoy the entire audiobook completely free of charge.

Be sure to visit SoundRetirementPlanning.com and click on episode #406 for articles, links and resources mentioned in todays show.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

I'm excited to announce the upcoming release of the audio version of my book, "Retirement Calculator: How much money do I need to retire?". As a token of appreciation to our podcast listeners, I'll be unveiling one chapter per week as a podcast episode. In essence, over the course of the next 13 weeks, you'll have the opportunity to enjoy the entire audiobook completely free of charge.

The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you.

When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retirement Budget Calculator. We will ensure your plan's completeness and accuracy, helping you create an investment strategy, assist with tax planning, and monitor your plan to maximize your retirement benefits.

At Parker Financial we offer a well-crafted retirement investment strategy, deeply rooted in academic data and financial science which can be the key to a prosperous retirement.

Don't leave your future to chance. Take the first step towards a sound retirement. Schedule your complimentary discovery session now by visiting Parker-Financial.net let us help you make the most of your retirement years.

In today's podcast, I am going to explain why it's important to think carefully before claiming your social security benefits and why starting social security at age 62 may not always be the best choice.

For Articles, Links & Videos and Resources Visit: https://soundretirementplanning.com/

We're on YouTube!

VIDEO: The Shocking Truth About When To Start Social Security

Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's New Book: Retirement Calculator: How Much Money Do I Need To Retire?

A common question we receive is whether it's better to choose the lump sum or the pension.

In today's podcast, I want to give you several of the things we are looking at when helping people make this decision about whether to take a lump sum or a pension.

In addition to the questions and framework for making this decision, I created a video that we will include in the show notes to show you how we use a spreadsheet in conjunction with the Retirement Budget Calculator to help us examine the decision about whether to take a pension or a lump sum.

Be sure to visit  SoundRetirementPlanning.com episode #403 to watch the video and also get all of the articles, links, and resources mentioned in this episode.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's New Book: How Much Do I Need To Retire?  Retirement Calculator 

Most people tell me they don’t mind paying their fair share in taxes but they don’t want to pay more than their fair share.  If you are interested in strategies to reduce your taxes in retirement I think you are going to love this episode.

In today's podcast episode I interviewed Steven Jarvis who is the co author of the book “Don’t get killed on taxes” and the host of the Retirement Tax Podcast. 

For Articles, Links & Resources Discussed In Today's Episode Visit: https://soundretirementplanning.com/

We're on YouTube! Are You Ready To Retire?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's New Book: Retirement Calculator and be sure to leave a 5 star review.

One of the major things that can derail a good retirement plan is experiencing a healthcare event that doesn't kill you but requires you to need care for an extended time. The healthcare events that could cause you to need long-term care range from frailty and aging, recovering from an accident, having a stroke, getting cancer, getting Parkinson's disease, dementia, and of course the one that most of us fear......Alzheimers.

Today it is my good fortune to bring David Clemons on to the podcast to discuss long-term care insurance. I've known David Clemons for nearly 20 years and during that time his specialty has been helping people come up with a plan for how they will handle a long-term care event.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Retirement Calculator: How Much Money Do I Need To Retire?

I always like to find people who are on this retirement journey and let them share their stories. Today, I'm speaking with Joe Kuhn - a 58-year-old retiree who has been sharing his experiences being retired for the past several years on his YouTube channel. He retired at 54 and had a retirement budget of 8k per month. Joe will be talking about how he planned for his retirement, his bucket approach to diversifying his retirement portfolio, why he knew it was time to retire, how to retire to something and not from something, and the retirement software he uses to help him stay organized.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Sound Retirement Planning

I really enjoyed being a guest on the The Free Lunch Podcast. Greg and Collin make talking about investing and personal finance interesting. With their unique perspective on the topic, they make investing and finance approachable for all kinds of people - even those living in cold, wet climates like Calgary Canada! Their show is proof that personal finance and investing doesn't have to be boring or intimidating; with a good sense of humor and practical advice, they make it easy to learn about this topic. Whether you're just starting out or have been doing it for years, the Free Lunch Podcast is sure to give you something new to think about. So grab your lunch and tune in.

The Free Lunch Podcast

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Retirement Calculator: How Much Money Do I Need To Retire?

Jason interviews Robert about the SECURE Act.

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished) is a partner with Keebler  & Associates, LLP and is a 2007 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planners & Councils. He has been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the National Office of the Internal Revenue Service (IRS) in the private letter ruling process and in estate, gift and income tax examinations and appeals, and he has received more than 250 favorable private letter rulings including several key rulings of "first impression." He is the author of over 100 articles and columns and is the editor, author or co-author of many books and treatises on wealth transfer and taxation. Mr. Keebler has been a speaker at national estate planning and tax seminars for over 25 years including the AICPA's: Estate Planning, High Income, Advanced Financial Planning Conferences, ABA Conferences, NAPEC Conferences, The Notre Dame Estate Planning Conference and the Heckerling Estate Planning Institute and is currently the chair of the AICPA's Advanced Estate Planning Conference.

To learn more visit: keeblerandassociates.com

Jason and Emilia discuss defensive planning in retirement. 

Jason does a reading from his book, Sound Retirement Planning

Jason interviews Mike about his recent transition into retirement. 

Jason does a reading from his book, Sound Retirement Planning. 

Jason does a reading from his book, Sound Retirement Planning. 

Jason and Emilia discuss the Secure Act and the changes is it has made to retirement and retirement planning. 

Jason does a reading from his book, Sound Retirement Planning.

Jason and Emilia discuss 8 retirement mistakes you can avoid. 

Jason does a reading from his book, Sound Retirement Planning.  

Jason and Emilia discuss how where you live, the affects of income on your health-care costs, Required Minimum Distributions (RMD) and Qualified Charitable Distributions (QCD) are important to consider from a tax stand point.

To learn more visit: 

smartasset.com- Retirement Taxes

soundretirementplanning.com-170 Health Insurance For An Early Retirement

Jason does a reading from his book, Sound Retirement Planning.

Jason and Emilia discuss the words we hear, the words we say to others and ourselves, the words we write and the words we pray. 

Jason does a reading from his book, Sound Retirement Planning.

Jason and Emilia announce the latest update to Retirement Budget Calculator, the addition of the buckets tab. 

Jason does a reading from is book, Sound Retirement Planning.

Jason and Emilia answer questions asked in recent presentations. 

Jason and Joe talk about the National Christian Foundation and donor advised funds. 

Joe Eelkema is a relationship manager with the National Christian Foundation Northwest and his talents are in the area of generosity, planned giving, and financial stewardship.   In his role at the Foundation he helps individuals & families participate more deeply in God’s work by simplifying their giving processes, by developing highly tax-efficient giving strategies unique to them, and by connecting generous Christians together in trusted community.  He also serves as an active committee member with Illuminate Northwest, key advisor to an unnamed private foundation, and is an active member of the Northwest Washington Estate Planning Council.    Joe holds the designation of Chartered Advisor in Philanthropy® and he holds a B.A. in Business Communications from Calvin College.  He and his wife, Jenessa reside in Anacortes, WA and are blessed with three busy young children.  In his rare spare time you’ll find him tinkering in the garage or out running on the nearby trails.

To learn more visit www.ncfgiving.com

Jason does a reading from his book "Sound Retirement Planning".

In today's podcast, I interview Dr. Craig Israelsen. We talked about the banking turmoil, investment portfolio construction, asset allocation, taking a pension vs a lump sum, how much guaranteed income is needed, when to start social security, diversification across asset classes, and when active management makes sense, should you have exposure to China? and near the end of the show we had a more philosophical discussion about what it means to live a good life and the contribution we make.

Learn more at: https://www.7twelveportfolio.com/index.shtml

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's New Book: Retirement Calculator: How Much Money Do I Need To Retire?

I recently had the opportunity to speak with Heidi Thorsen, a passionate teacher of Guided Autobiography classes which she conducts via Zoom. Heidi leads classes to help people capture their life stories and turn them into meaningful memoirs that can be shared for generations to come.

If you want to learn more be sure to visit tyememoirs.com

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Sound Retirement Planning

I have had a few emails and phone calls with people asking about the safety of their banks. Should they change banks? Should they diversify across banks? What's protected and so on.

So in today's show, I want to answer some of these questions and give you the resources you need to evaluate your bank or credit union and also answer the question of how much protection you have.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Retirement Calculator: How Much Money Do I Need To Retire?

In today's podcast, I will give you an overview of not only how the RMDs have changed again, but a few of the other changes brought about as a result of the new Secure Act 2.0 that was signed into law on December 29, 2022.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Sound Retirement Planning

I was at a conference recently and one of the speakers was Apollo Lupescu PhD. He did a great job of taking the technical aspects of investing and making them relatable and understandable and so I asked him to be a guest on today's show. Apollo is a highly regarded speaker from Dimensional Fund Advisors, a premier global investment firm managing over $650 billion in assets for institutional investors and clients of select financial advisors.

Here are some of the topics we cover in today's podcast:

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's New Book: Retirement Calculator- How Much Money Do I Need To Retire?

You may want to consider changing your investment strategy when you retire. As you approach retirement, your investment goals will shift from accumulation to preservation and income. Using investments to supplement your income in retirement can help you maintain your lifestyle and make the most of your hard-earned savings. The importance of asset allocation, diversification, and financial science when constructing a strategy for investing in retirement years cannot be understated.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube!

Investing In Retirement Video on YouTube

Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's  New Book: Retirement Calculator: How Much Money Do I Need To Retire?

In 2015 Fritz Gilbert had just started his blog called the Retirement Manifesto and at the time he was sharing our Sound Retirement Radio podcasts on Facebook. I reached out to him to see if he wanted to share his story on Sound Retirement Radio. I'll post this original interview in the show notes if you want to take a trip back in time and listen as he was just getting started with his blog. Since then Fritz has written a popular book called "Keys to a successful retirement" and he continues to write and publish articles on his very popular blog to talk about his journey into and through retirement. It was my good fortune to reconnect with Fritz and I am sure you are going to love this interview.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Retirement Calculator: How Much Money Do I Need To Retire?

Market volatility can be incredibly stressful for those who are approaching retirement or are already retired. In September, we saw a sharp decline in the stock market, leaving many investors feeling worried about their financial future. However, there are retirement strategies that can help mitigate the effects of market volatility.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's NEW Book: Retirement Calculator: How Much Money Do I Need To Retire

The #1 question people have as they prepare for retirement is "Have I saved enough?"  In this podcast episode Jason discusses his new book and explains how you can remove the guesswork so that you can enjoy a Sound Retirement. Jason's new book is now available exclusively on Amazon and for a limited time you can purchase the book at a very low introductory price. Retirement Calculator - How Much Money Do I need To Retire?

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's New Book: Retirement Calculator - How Much Money Do I Need To Retire?

Are you nearing retirement age and feeling a little anxious about it? You're not alone. A lot of people feel this way, even if they have been planning for retirement for years. High inflation, rising interest rates, and stock market volatility have made retirement planning more difficult than ever.

But don't despair. There is a recipe for a sound retirement, and I'm going to share it with you.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY? Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Are you ready to retire?

Are you ready to retire?

For today's podcast, I am interviewing a friend of mine who retired recently. Many of you will recognize Richard Tizzano, as he is an expert in Elder Law and estate planning, he is the author of a wonderful book on the subject called Accidental Safari and he has been a regular guest on Sound Retirement Radio. In today's show, we talk about his recent decision to retire and dig into the details. I'll have a link in the show notes to his book if you are interested.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Today's show is about setting and achieving goals. Goals are direction. Goals are about focus. Where we focus is where our life goes. Even if you don't achieve the goals it is good to be moving in the right direction. In today's show, I invited Carly Tizzano to be our guest. Carly is the host of the resolve podcast and she has a coaching business to help people achieve their goals.

You can find Carly Tizzano online at CarlyTizzano.com

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Sound Retirement Planning

In 2013, Eugene Fama won the Nobel Prize in Economics for his work on the efficient market hypothesis. One of his most significant contributions to investing has come from his collaboration with his colleague Kenneth French and their work in the development of Factor Models for Investing and their contribution to portfolio construction at Dimensional Fund Advisors. Asset allocation models based on a factor-based framework have become incredibly popular in the investment community, and many investors are wondering whether or not they should incorporate factors into their retirement investment framework.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

It's been a wild ride in the stock market lately. Volatility has been on the rise, and it seems like every day brings a new headline about the stock market crashing. So what's an investor to do? I am going to give you a few tips and things to consider to help you survive stock market volatility and come out ahead in the long run!

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Sound Retirement Planning

In today's podcast Jason interviews the retirement travelers John & Bev about their retirement journey and their travel in the USA and around the world.

Retirement Travelers YouTube

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the

Retirement Budget Calculator LET'S CONNECT:

Facebook

LinkedIn

Website

Buy Jason's Book:

Sound Retirement Planning

How much money is enough to retire?  In todays show Jason shares the formulas you can use to determine if you have saved enough. Articles, Links & Resources Visit: https://soundretirementplanning.com/ We're on YouTube! Are you DIY?   Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Sound Retirement Planning

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Sound Retirement Planning

In this podcast Jason creates a hypothetical scenario to explore  how long $1 million dollars will last in retirement.

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Articles, Links & Resources Visit: https://soundretirementplanning.com/

We're on YouTube! Are you DIY?  Be sure to check out the: Retirement Budget Calculator LET'S CONNECT:

Facebook LinkedIn Website

Buy Jason's Book: Sound Retirement Planning

Let's Work Together: Parker-Financial.net

You've been hearing a lot about Roth conversions, and you're not sure if it's the right move for you. Making the decision to convert your traditional IRA to a Roth IRA can be confusing and overwhelming.  There are many factors to consider, and it's important to understand the implications of this decision before you take any action.

In this podcast episode, Jason breaks down the process of converting a traditional IRA to a Roth IRA step-by-step, so that you can make an informed decision about whether or not this is the right move for you.

For articles, links and resources mentioned in this episode visit  https://soundretirementplanning.com and click on episode number 377

In this podcast episode Jason gives you 9 questions you need to ask before you retire.

In this podcast episode Jason looks at how historical major geopolitical events have impacted investments.  For resources and articles mentioned in this episode visit https://soundretirementplanning.com and click on episode 372

In this podcast episode Jason explains how Medicare works and how much you can expect to budget for health care related expenses as you are getting ready for retirement.

In this podcast episode Jason gives you questions to consider and exercises to do to help you design a great life and plan for a wonderful year.  Be sure to visit episode 366 at SoundRetirementPlanning.com for the free E-book, show notes, videos and software mentioned in this episode.

In this podcast episode Jason looks at the reasons why, and the mechanics of how you rollover your 401(k) to an IRA.  For show notes, links and resources mentioned in the episode visit https://soundretirementplanning.com and click on episode 365.

In this podcast episode Jason shares what it means to leave a legacy and a few exercises to help you become overflowing with thankfulness.

In this podcast episode Jason shares year end planning considerations.

In this podcast episode Jason interviews Dan Jamison about Federal Employees who are separating from service before attaining eligibility for retirement.

In this podcast episode Jason answers your retirement questions and shares your comments.

In this podcast episode Jason helps you prepare for the next market crash.

In this podcast episode Jason interviews Professor Laurence Kotlikoff who is a Professor of Economics at Boston University.  Professor Kotlikoff is author or co-author of 16 books, his recent book on social security was a NY Times best seller, and he is the author of hundreds of professional articles.  He developed software called MaxiFi Planner to help people make smarter financial decisions.

In this podcast episode Jason gives you a few things to consider if you are thinking about paying off your mortgage before you retire.

In this podcast episode Jason interviews Ethan about his summer internship and we discuss a video about attitude and the books As a Man Thinketh and The Richest Man in Babylon.

In this podcast episode Jason interviews Bill who recently stopped working full time and he is now working part time as he makes his way into an early retirement.

In this podcast episode Jason helps you identify if you are fully funded for retirement and how you can use retirement benchmarks to take the mystery out of retirement planning.

In this podcast episode Jason interviews Mel about his retirement journey. Learn more at https://soundretirementplanning.com

In this podcast episode Jason looks at the Required Minimum distribution.  For all of the show notes and resources mentioned in this episode visit SoundRetirementPlanning.com

In this podcast episode Jason explores why the Health Savings Account is one of the best retirement accounts.  

In this podcast episode Jason interviews Tim Adkisson, CLU, ChFC, CFP regarding the new payroll tax in Washington and how you can opt out of the tax if you own qualifying coverage.  

In this podcast episode Jason explores your net worth and helps you to compare to others your age.  Visit SoundRetirementPlanning.com and click on episode 350 for links and resources mentioned in this episode.

In this podcast episode Jason talks about what is and is not covered by Medicare.