All Episodes (187)

1. 1. Traveling Tips and Picking a Bank

   We have a lot to talk about today, so let’s jump into it. We read some articles recently about the travel industry and how people are getting back out there and traveling. Many of our clients have been doing some big trips.If you want to travel and get deals, we’ll share some insight on that topic. You’ll need to think about advanced planning and figure out how you’ll pay for the trip. We’ll also discuss banks and what to do with your cash.On today’s show, here’s some of what you’ll learn:How to

   Mar 16,2023 32:03
2. 2. Addressing The Most Pressing Client Retirement Tax Questions From The Past Few Months

   On this episode of Smart Money Questions, we'll be discussing one of the most pressing concerns for retirees: taxes. As you prepare for retirement, it's important to consider how your income sources will affect your tax obligations, and to plan accordingly. Whether you're transitioning into retirement or already retired, taxes can have a significant impact on your financial well-being.Matt has spent years helping clients navigate the complex world of retirement planning, and he's here to answer

   Feb 16,2023 23:57
3. 3. What to Know About SECURE Act 2.0

   As we begin a new year, let’s talk about the SECURE Act 2.0, which was signed into law in December. We’ll share some of the highlights, including new requirements for companies with new 401(k) and 403(b) plans.Did you know that companies can automatically enroll their employees into these plans? We’ll explain this along with some other key changes to RMDs, retirement accounys, and other planning items.   On today’s show, here’s some of what you’ll learn:How the minimum distribution age changed.

   Jan 12,2023 20:44
4. 4. Get to Know Robert Khoury, CEO of Agile Rainmakers

   Today we’re joined by Robert Khoury, the founder and CEO of Agile Rainmakers, a high-impact business development consulting and advisory firm based in Chicago’s Gold Coast.  Robert’s 20+ year career in the financial industry has seen him in many roles: an equity derivatives trader, portfolio manager, corporate strategist, chief operating officer, recruiter, hedge fund executive, and private equity investor. Today he’s sharing his expertise about internships and how they can help people discover

   Dec 21,2022 30:16
5. 5. Scenarios for Using Annuities and Life Insurance

   We love to talk on our show about different scenarios and questions we hear from clients in our office, and the topic of annuities and life insurance has come up quite a bit in recent weeks. You won’t find a lack of opinion on either of these two products and they both can get a little complicated. On today’s show, here’s some of what you’ll learn:What should you do with an older annuity? (4:36)How should you handle an enhanced death benefit option? (8:56)How should you handle life insurance whe

   Dec 08,2022 18:56
6. 6. Clarification About Inherited IRAs

   There has finally been some clarification from the IRS about the SECURE Act rule regarding inherited IRAs from 2020 and beyond. We’ve had some questions from clients about this, so it’s great to finally have some answers.It’s important for you as an owner of an IRA, 401k, etc. to know how this works and understand it. It’s also important for your heirs to understand this important topic and know what tax bracket they might be in. On today’s show, here’s some of what you’ll learn:What happened wi

   Nov 17,2022 18:21
7. 7. What Tax Changes Are Coming in 2023?

   If you’re wondering what taxes will look like in 2023, as far as standard deductions and increase in tax brackets, today’s show is for you. The IRS just released this information recently and we want to take you through the key changes.Whether you’re filing single or married filing jointly, we’ll explain what will will be different for you next year. Check out today’s full show to learn more about how the IRS changes could affect you as you make an tax planning moves before the year closes out.

   Oct 27,2022 17:32
8. 8. All About Medicare with Tom Anderson

   We get questions all the time about Medicare. It can be confusing when there are Medicare parts A, B, C and D and supplements. Today we are welcoming a guest who has been in the Medicare industry for more than 30 years.  On today’s show, here’s some of what you’ll learn:What Medicare is and how it works. (2:58)How you can access Medicare. (3:42)The different aspects of Medicare and how they work. (4:13) Want to work with us? Find out how we can help: https://smartmoneyquestions.com/work-with-mat

   Oct 13,2022 26:00
9. 9. Social Security COLA and Timing

   Choosing when to claim Social Security can have a huge impact on your retirement plan. A lot of people are unsure about whether they should delay Social Security or take advantage of another significant COLA increase. Today we are going to look at some of the different options you may have and narrow down the reasons they may or may not be for you. What we discuss in this episode: Do you time the market or do you time Social Security? (2:21)Do you qualify for spousal benefits? (5:28)Social Secur

   Sep 22,2022 13:22
10. 10. Money Marketing Headlines

    We’re bombarded with headlines about money all the time. With technology and social media at our fingertips, it’s more important than ever to control how you react to that. We’ll explain why it’s critical to your long-term financial success. What we discuss on this episode: 2:10 – Financial headlines are everywhere5:10 – Invest like the 1%6:08 – Become a master of the market8:37 – Protect nest egg9:31 – Playing on fear For more, visit us online: https://smartmoneyquestions.com/ 

    Sep 01,2022 13:53
11. 11. Funding Retirement Accounts with Commissions & Where Else To Invest

    Recently, we’ve been getting some unique questions about investing in company-sponsored plans, like a 401k, for example. The client wanted to know where else to invest once they max out the 401k. We’ll dive into this question and more on today’s show. What we discuss in this episode: 2:23 – Max out 401k4:53 – Be consistent5:44 - Match8:04 – Vested9:49 – Saving more11:38 – Health insurance14:34 – Traditional brokerage Visit us online: http://smartmoneyquestions.com 

    Aug 18,2022 17:49
12. 12. Difference Between W2 and 1099 Workers in Retirement

    If you decide to scale back your work or keep working during retirement, what kind of employee should you be? We’ll explain the differences between W2 and 1099 workers and how that could affect your finances. Key Topics on This Episode: 4:50 – Scaling back workload6:24 – W2 vs. 1099 worker9:39 – Contributions11:38 – Payroll taxes13:48 – Buying real estate16:18 – Property management17:22 – Where to buy18:50 – Long-term investment Want to learn more about financial planning? Visit us online ---> h

    Aug 04,2022 20:37
13. 13. Client Money Questions - 401ks, Risk and Rate of Return

    Today we’re sharing questions and scenarios we’re hearing in our office, on the phone and on zoom calls with clients. We’ll also share some planning we did for a client four or five years ago and where they are today in retirement. Key topics on this show:4:43 – Aggressive 401ks7:59 – Other options11:00 – Know where your money is13:51 – Risk15:29 – Rate of return16:27 – COLA Want to learn more about financial planning? Visit us online ---> http://smartmoneyquestions.com  

    Jul 28,2022 17:55
14. 14. Mid-Year Financial Review Checklist

    It’s hard to believe, we’re already halfway through 2022. Before you know it, it’s going to be Thanksgiving and then the end of the year. Now is a good time to be considering your finances and planning for your taxes. Key topics on this episode: 2:42 – Roth conversions6:13 – Personal changes8:19 – Review investments10:11 – Tax diversified11:09 – Review debt12:59 – Budget14:02 – Emergency funds14:32 – Legal documents Get additional resources online: http://smartmoneyquestions.com 

    Jul 14,2022 17:37
15. 15. What Opportunities Are Available When Markets Are Down?

    The markets have been heading down, but this is one of the most critical times for investors to stay disciplined. Markets will go up and they will drop, and we’ll explain why you have to be prepared to stay the course and find opportunities. Read more and get additional financial resources here: http://smartmoneyquestions.com  What we discuss in this episode:3:35 -  Don’t panic4:14 – Tax-loss harvesting5:51 – Tax buckets8:46 – Roth12:00 – Your investment mix

    Jun 16,2022 16:06
16. 16. Target-Date Funds and Leasing vs. Buying A Car

    Is your 401k invested using target-date funds? If so, you could be getting hit harder during these tough economic times. We’ll explain why. We’re also talking cars in this episode and our thoughts on leasing versus buying a new or used car. Read more and get additional financial resources here: http://smartmoneyquestions.com  What we discuss in this episode: 3:20 – Wall Street Journal9:38 – Investment options12:14 – Leasing vs. buying cars13:32 – Coming to the end of a lease16:32 – Buying a car

    Jun 02,2022 19:39
17. 17. Retirement Statistics: How Do You Measure Up?

    A recent study found that the average American needs to save $1.04 million for a comfortable retirement. That’s one of the many fascinating statistics shared in the study. Join us as we share more of the findings and talk about how most retirees stack up. See the statistics: https://www.annuity.org/retirement/retirement-statistics/  Read more and get additional resources here: http://smartmoneyquestions.com  Listen for these key topics: 2:37 – Savings expectations7:15 – Delaying retirement9:41 –

    May 19,2022 19:04
18. 18. Should You Pay Off Debt With a 401k Loan?

    Should you take out a 401k loan to pay off your debt? And does it matter what the kind of debt is? Today we’re going to tackle this common question and more to help you figure out your finances.  Read more and get additional financial resources here: http://smartmoneyquestions.com  Listen for these key points: 2:20 – 401k loans5:16 – Exhaust other options10:05 – Selling property

    May 05,2022 15:15
19. 19. Spending More Money in Retirement Than You Make

    If you’re getting close to retirement, you may be envisioning what that next chapter will look like. A question that always comes up is how much money will you need to make? Some people feel like they should be bringing in more money during retirement, but is that smart? Let’s dive into that discussion on today's episode. What we discuss on this episode:2:27 – Bucket list years5:40 – Where’s the money?6:57 – After bucket list years8:39 – Go through the process9:15 – Medicare Read more and get ad

    Apr 21,2022 13:24
20. 20. Answering Your Life Insurance and Business Questions

    Today we’re answering a few of your questions about financial planning. Should a dentist sell his building and his business? What should you do with life insurance money? We’ll discuss these topics on the show.    Read more and get additional financial resources here: http://smartmoneyquestions.com  What we discuss in this episode: 3:24 – Renting building6:29 – Investing cash9:43 – Life insurance12:53 – Moving forward

    Apr 07,2022 15:56
21. 21. Murky Areas of Retirement Planning

    We came across an article about murky areas people don’t have clarity on when it comes to retirement planning. We’ll explain what those are and how to make sure you understand your retirement plan. Read more and get additional financial resources here: http://smartmoneyquestions.com  What we discuss in this episode: 3:02 – USA Today article4:13 – Inflation6:55 – Social Security9:00 – Withdrawal rate13:21 – $1 million14:43 – More murky areas16:56 – Long-term care19:48 – 401k investment options

    Mar 31,2022 23:18
22. 22. How to Prepare Financially for a Child

    We had a great conversation with the daughter-in-law of one of our clients. She and her husband recently had a child and she wanted to think about additional planning as far as investments. Here’s how we helped her prioritize her finances. Read more and get additional financial resources here: http://smartmoneyquestions.com  What we discuss on this episode: 4:06 – Babies and finances5:57 – Take advantage of benefits8:23 – Disability insurance10:42 – Budget for retirement investment13:26 – Good d

    Mar 10,2022 18:31
23. 23. How to Prepare Financially for Divorce

    On today’s episode, we’re answering questions we’ve gotten from clients, podcast listeners and others about all things finance. Find out how to prepare financially for an impending divorce and more. Read more and get additional financial resources here: http://smartmoneyquestions.com  What we discuss in this episode: 4:21 – Preparing for divorce7:27 – How divorce will affect retirement8:17 – Do nothing10:10 – Be your own advocate11:07 – Company stock12:34 – Picking stocks

    Feb 17,2022 15:47
24. 24. Listener Questions - How to Help Mom, Retiring Early, and More

    On today’s episode, we’re taking your financial questions. Find out how to help an elderly parent with their housing, whether you can retire early and more. Read more and get additional financial resources here: http://smartmoneyquestions.com  What we discuss in this episode: 3:31 – Mom’s house7:48 – Retire early10:07 – Health insurance14:16 – Starting a business

    Feb 03,2022 18:55
25. 25. 2022 Tax Season and Behavioral Finance

    Are you ready for the 2022 tax season? We’ll explain why breaking even in your taxes is so important and how behavioral finance plays a role in most people’s lives. Read more and get additional financial resources here: http://smartmoneyquestions.com/ What we discuss in this episode: 0:07 – Tax filing date2:38 – Break even on taxes4:02 – Tax brackets6:23 – Behavioral finance10:26 – FOMO12:15 – Irrationality14:15 – 2022

    Jan 20,2022 19:20
26. 26. How to Avoid New Identity Theft Tactics

    Has your identity ever been stolen? If so, you know how much of a struggle it can be to take care of it and make things right again. Today we’re sharing some stories of our clients who have been through this difficult ordeal.    Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-162-how-to-avoid-new-identity-theft-tactics/  What we discuss in this episode:1:04 – Marijuana tax2:12 – Bill Gates quote3:46 – ID theft6:11 – Client’s troubles8:09

    Jan 06,2022 15:15
27. 27. 15 Money Resolutions For 2022

    The new year means getting on track and trying to set new goals for what we want to accomplish. Money is always at the top of the list so we wanted to help you with your financial growth in 2022.So on this episode, we’re sharing 15 money resolutions that will get you on a better financial track in the new year. You might not be able to follow through on all 15 of these resolutions, but implement even just a few of these and you’ll be well on your way to a more prosperous financial life in the co

    Dec 16,2021 17:42
28. 28. Piggy Bank Pies and Abundance Mentality

    Today we’re talking about generous giving and fearing loss. Find out how our office and clients give back to the community. We’ll also share what to do if you’re afraid of financial losses in your retirement. Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-160-piggy-bank-pies-and-abundance-mentality/  What we discuss in this episode: 0:57 – Piggy bank pies3:14 – Abundance mentality5:42 – How do you handle loss?6:38 – Talking numbers7:40

    Dec 02,2021 11:15
29. 29. Taking A Deal Down To The Studs

    Have you ever taken your investment portfolio down to the studs? It might be time to examine the risks of your investments and see what questions you need to get answered. Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-159-taking-a-deal-down-to-the-studs/  What we discuss in this episode: 1:19 – Down to the studs5:33 – Removing risk8:27 – What can I expect?10:33 – When will you retire?13:15 – Money in retirement

    Nov 18,2021 18:46
30. 30. Mandates and Forced Retirement: What Questions to Ask

    The mandate over vaccines is creating an issue where some people have serious decisions to make. Here are some things you need to consider before walking out and leaving your job over the mandate.  Read more and get additional financial resources here: https://smartmoneyquestions.com/podcastposts/episode-158-mandates-and-forced-retirement-what-questions-to-ask/ What we discuss in this episode:4:35 – Health insurance8:43 - Expenses

    Nov 04,2021 14:07
31. 31. Q&A About Long-Term Care, Car Leases and Social Security

    Today we’re answering your questions about long-term care options, leasing a car and Social Security. If you or anyone you know is struggling with decisions about these topics or just wants to learn more, today’s show is for you.  Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-157-qa-about-long-term-care-car-leases-and-social-security/  What we discuss in this episode:2:54 – Long-term care11:05 – Car lease15:37 – Social Security

    Oct 21,2021 17:45
32. 32. Paying off a Mortgage, Emergency Funds and Surviving Spouse

    We’ve had many conversations with clients about the subjects we’re talking about today – paying off your mortgage early, emergency funds and how to help a surviving spouse. You’ve probably had similar questions in your own life, so let’s dive into these important topics. Read more and get additional financial resources here:  http://smartmoneyquestions.com/podcastposts/episode-156-paying-off-a-mortgage-emergency-funds-and-surviving-spouse/  What we discuss on this episode: 2:10 – Paying off mort

    Oct 07,2021 14:08
33. 33. The Fear of Spending Money in Retirement

    We read an article recently that made the argument that you need to spend more to have a better retirement. This is something we discuss with clients once they transition from working to retirement. It helps them understand that we’ve done the planning and it’s OK to spend the money. Today, we’ll explain how you can get over the fear of spending.  Read and get additional financial information: https://smartmoneyquestions.com/podcastposts/fear-of-spending-money/ What we discuss: 3:22 – Spend more

    Sep 23,2021 15:26
34. 34. Q&A: Starting a Business and Dave Ramey’s Advice

    Today we’re answering questions we received from listeners and clients. Up first, a woman wants to take out a loan to start a cake business. Where should that money come from? And finally, do we agree with Dave Ramsey’s advice about not investing while in debt? Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-154-qa-starting-a-business-and-dave-rameys-advice/  What we discuss on this episode: 3:12 – Starting a business9:18 – Dave Ramsey a

    Sep 09,2021 17:09
35. 35. What to Know About Accumulation vs Decumulation

    On today’s episode we’re talking about accumulation versus decumulation. People are used to saving money for retirement, but are you prepared for what happens when you actually retire? Read more and get additional financial resources here: https://wp.me/p9B077-O6  What we discuss on this episode: 4:42 – Accumulation vs. decumulation7:23 - Stocks10:02 – Budgeting11:42 – Risk buckets16:32 – Disability insurance18:01 – Life happens

    Aug 19,2021 24:12
36. 36. Should I Downsize My House in Retirement?

    Rick recently wrote in and wanted to know if he should downsize his house. He has an emotional attachment to it, so it’s a tough decision. We’ll walk you through the decision-making process in tough deliberations like this.  Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-151-should-i-downsize-my-house-in-retirement/  What we discuss on this episode: 0:57 – Protecting your personal information3:54 – Downsize?7:33 – Own or rent?8:37 – Cli

    Aug 05,2021 17:32
37. 37. Should I Take Half of My Ex’s 401k or the Pension?

    Today we’re talking about 401ks versus pensions. Would you rather get a lump sum now or monthly payments over many years? Deb in New Jersey needs our help answering that very question. Read more and get additional financial resources here: https://wp.me/p9B077-NU  What we discuss on this episode:2:08 – Beneficiaries8:07 – SECURE Act12:10 – 401ks and pensions15:30 – Premature death and pensions

    Jul 22,2021 18:47
38. 38. State of Washington’s New Payroll Tax is One to Watch

    On today’s episode we’re talking about a couple conversations we’ve had with clients in Seattle, Wash. and some recent changes that have been put in place. In 2019, the state approved a new payroll tax that is 100% paid by the employee, the first of its kind in the entire country. Read more and get additional financial resources here: https://wp.me/p9B077-NN  What we discuss on this episode: 2:28 – New Washington tax5:24 – What’s the benefit?7:16 – Opt out8:36 – What are they telling you?11:48 –

    Jul 08,2021 19:51
39. 39. What to Know About President Biden’s Tax Proposal

    Today’s episode is a little different. We’ve started doing recorded webinar workshops on certain topics, and we’re doing a replay on this podcast. Today’s episode is about President Joe Biden’s proposed tax increases. Read more and get additional financial resources here: https://wp.me/p9B077-NH  Watch our webinar replay on Biden's proposed tax increases: https://oldsecuritygroup.wistia.com/medias/wjbs6uts7k What we discuss on this episode: 5:59 – How to prepare7:40 – Current tax code11:30 – Tax

    Jun 17,2021 25:56
40. 40. How to Handle an Unplanned Retirement

    We’ve had a couple clients recently who decided to retire earlier than planned. We’ll explain how we helped them, even with very little time to prepare, and how you could handle a similar situation.  Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-148-how-to-handle-an-unplanned-retirement/  What we discuss on this episode: 6:12 – Health care10:18 – Last paycheck13:18 – Proactive tax planning18:57 – Investing20:25 – How you will be paid

    Jun 03,2021 22:14
41. 41. Tough Questions About Family Finances

    We’re tackling some tough questions about family finances today. Should you kick your sister out of your deceased mother’s home? What retirement challenges could you face as the parent of a young child? Should you buy your dream home? Read more and get additional financial resources here: https://wp.me/p9B077-Nt  What we discuss on this episode: 2:35 – Kick sister out?4:37 – Get a mortgage?5:48 – Income plan8:12 – Retirement with young child?9:22 – Survivorship income planning12:08 – Life insura

    May 20,2021 17:37
42. 42. The Average Client & What Legal Docs You Must Have

    People often ask us, “What’s your average client like?” We’ll share what traits they have and why they are successful. Also, find out what documents you must have and why you should keep them up to date. Read more and get additional resources here: https://wp.me/p9B077-Nn  What we discuss on this episode: 0:30 – 20-year wedding anniversary3:30 – Mortality and documents7:11 – Wills9:36 – How do I measure up?13:02 – Gratitude15:02 – Define your success15:55 – The Giant Killer

    May 06,2021 18:03
43. 43. How Much Money Do I Need to Retire?

    Is $1 million enough to retire? That depends on a lot of factors. We’ll explain what they are on this episode. Read more and get additional financial resources here: https://wp.me/p9B077-Ni  What we discuss on this episode: 4:22 – Yahoo Finance Article6:13 – Put money to work8:58 – Your situation12:58 – Social Security14:13 – Expenses15:40 – Moving to lower tax states17:23 – Risk21:32 - Variables

    Apr 15,2021 23:45
44. 44. Leaving 401k to My Child

    Should I leave my 401k to my child? We get this question a lot so let’s dive into the pros and cons of leaving your children money and what strategies you can use to make sure it benefits everyone.  Read more and get additional financial resources here: https://wp.me/p9B077-N8  What we discuss on this episode:4:13 – Leave 401k to son?11:53 – Should I rent or sell my aunt’s house?

    Apr 01,2021 23:18
45. 45. Should You Take Advice From Financial Gurus?

    Should you follow the advice of well-known financial gurus, such as Dave Ramsey and Suze Orman? A lot of people have asked me that question over the years. Find out what I tell them. Read more and get additional financial resources here: https://wp.me/p9B077-N0  What we discuss on this episode: 4:11 – No credit cards7:19 – Car financing12:47 – Good debt15:43 – Guru talk and preaching18:53 – Will the advice work for you?

    Mar 18,2021 21:28
46. 46. Why Business Owners Need an Exit Strategy

    Today we’re talking about business owners and retirement plans. Even if you’re not a business owner, there’s something you can learn from this. Read more and get additional financial resources here: https://wp.me/p9B077-MU  What we discuss on this episode: 2:25 – Discussions with business owners5:28 – Selling your business8:04 – Your family situation13:00 – The tax man cometh14:05 – Question about Roth 401k18:19 – Question about HSA

    Mar 04,2021 22:58
47. 47. Should You Pay Off Mortgage or Buy Investment Property

    What’s the better investment strategy – pay off your primary home sooner or save up for a rental property? We’ll share the pros and cons.   Read more and get additional financial resources here: https://wp.me/p9B077-MO  What we discuss on this episode: 3:33 – Pay off home or save for rental property7:27 – What’s your budget?9:09 – Strategy for paying off house or investing11:55 – Real estate has become a hot, new topic15:47 – How to help someone who is struggling financially19:36 – Traditional s

    Feb 18,2021 23:30
48. 48. Planning For Long-Term Care Event

    Long-term care is a subject many people don’t want to discuss, but it’s crucial that you have a plan in place. Find out why and learn about hybrid policies and paying premiums Read more and get additional financial resources here: https://wp.me/p9B077-MJ  What we discuss on this episode: 3:10 – The subject no one wants to talk about8:48 – Hybrids12:25 – Paying a premium14:47 – Expense policy15:50 – Self-insured17:13 – Premiums won’t stay stagnant

    Feb 04,2021 24:44
49. 49. What to Know About Legacy and Estate Planning

    When making your legacy and estate plan, it’s crucial to know how taxes will affect that plan. Matt explains why you want to be careful and shares some real-life examples. Read more and get additional financial resources here: https://wp.me/p9B077-MD  What we discuss on this episode: 2:28 – Charities and individuals6:00 – How much money should go to each?9:50 – Moving to a new state13:46 – Additional properties16:35 – Question: What is a reasonable amount to leave as a legacy?

    Jan 21,2021 21:56
50. 50. What to Know About the Latest COVID Stimulus Package

    At the end of 2020, Congress passed a $900 billion Covid relief package. We’ll go over some highlights and what you should understand moving forward. Read more and get additional financial resources here: https://wp.me/p9B077-Mu  What we discuss on this episode: 2:56 - $600 payments6:51 – PPP loans8:19 – Unemployment9:08 – Social Security10:54 – Qualifying medical expenses13:05 – Charitable contribution benefits14:40 – Meal expense deductions15:32 – Student loans16:58 – Flexible spending account

    Jan 07,2021 21:34
51. 51. Year-End Financial Planning Tips

    As 2020 comes to a close, now’s the time to do some financial planning. Matt has some important topics you should cover with your advisor. We'll also spend talk some about first-time homebuyers and how to approach your mortgage. Read more and get additional financial resources here: https://wp.me/p9B077-Mo  What we discuss on this show: 2:53 – Maximize 401k4:55 – CARES Act6:35 – RMD charitable contribution9:04 – Deductions on Schedule A11:25 – Pull money out of the IRA?13:25 – Tax credits16:26 –

    Dec 17,2020 28:05
52. 52. Investment Decisions Going into 2021

    After a long year in 2020, many of us want to make sure 2021 starts off right. On this episode of the podcast, Matt answers several questions from listeners and clients when it comes to making wise investment and financial decisions in the new year. Read more and get additional financial resources here: https://wp.me/p9B077-Mk  What we discuss on this show: 3:36 - How can I avoid market volatility but still save for retirement?9:32 - Do you understand how Social Security works?13:27 - Should you

    Dec 03,2020 26:49
53. 53. Listener Questions - Reverse Mortgages and Helping a Widowed Parent

     We’re talking about two important topics today: Are reverse mortgages a bad idea? And how can I help my widowed parent with their finances? Read more and get additional resources here: https://wp.me/p9B077-Me   Learn more about reverse mortgages: https://smartmoneyquestions.com/podcastposts/episode-93-harlan-accola-behind-the-curtain-of-reverse-mortgages/  What we discuss on this show:2:56 – Are reverse mortgages a bad idea?6:35 – Different types of reverse mortgages9:08 – Can we get kicked out

    Nov 19,2020 22:16
54. 54. Top Places to Retire and How They Affect You Financially

    U.S. News & World Report has released its list of the top places to retire in the country. Choosing where to retire is not only a personal decision; it’s also a financial one. We’ll explain why.  Read more and see the full list of cities here: https://wp.me/p9B077-M8  What we discuss on this show: 2:26 – How were places ranked?3:15 – Top 15 places to retire4:40 – Consider housing affordability7:03 – Consider renting before buying9:50 – Consider changing residency12:12 – Consider doing a financia

    Nov 05,2020 16:53
55. 55. An Update on Maggie’s Health and What to Know About Medicare

    This week marks an important milestone in Maggie’s journey with cancer. We’ll give you an update about her health. We’ll also discuss Medicare and help you understand it better.  Read more and get additional financial updates here: https://wp.me/p9B077-LW  What we discuss on this show: 0:41 – Maggie’s 5-year mark after cancer diagnosis6:45 – What do I need to know about Medicare?8:16 – Traditional Medicare11:38 – Medicare Part D 13:39 – Medicare supplements15:13 – Husband’s health coverage optio

    Oct 15,2020 28:23
56. 56. Election Worries & Steps to Saving for Retirement

    There’s no doubt that election concerns are on the mind of many people right now, especially as it relates to their financial portfolio. We’ll start the show by addressing these election cycles worries by looking back at what history has shown us. From there, Matt will talk about a call he had with someone recently that wanted to get their retirement on track. He’ll take you through the essential steps that need to be taken to get your financial house in order. Read more and get additional finan

    Oct 02,2020 30:21
57. 57. Update On CARES Act and 401k Fees

    We get a lot of questions about the CARES Act and 401k fees. Here's how they work and what you need to know. Read more and get additional financial resources here: https://wp.me/p9B077-Lx  What we discuss on this show: 2:49 – Questions about CARES Act, 401K fees5:19 – CARES Act9:04 – Qualified individual12:36 – IRA withdraws, RMDs and charitable distributions15:18 – Roth conversions18:06 – Qualified charitable distribution20:23 – Qualified retirement accounts

    Sep 17,2020 28:41
58. 58. Let’s Talk About Retirement, Market Swings and Election Fears

    Between the coronavirus, market swings and upcoming election, people have been calling our office with all kinds of investment and retirement questions and fears. Let’s talk about some of these common concerns.  Read more and get additional financial resources here: https://wp.me/p9B077-Ln  What we discuss on this episode: 3:00 – Get serious about financial planning8:22 – Don’t make emotional, fearful decisions12:03 – How are you going to pay for health care?15:22 – Which account should I withdr

    Sep 03,2020 23:41
59. 59. Mortgage Expert Lindsey Johnson Discusses PMI and Future of Real Estate

    Did you know that more than 80% of all first-time homebuyers last year put less than 20% down on their homes? Mortgage expert Lindsey Johnson tells us about private mortgage insurance and what changes the mortgage and real estate industries may see. For more information, visit https://www.lowdownpaymentfacts.com/ and http://www.usmi.org/. Read more and get additional resources here: https://wp.me/p9B077-Lh  About our guest: http://www.usmi.org/lindsey-johnson-usmi-president/  On today's show: 0:

    Aug 20,2020 41:00
60. 60. A Chat With Walter Storholt of Third Wheel Media

    You may recognize his voice. Now, get to know more about Walter Storholt, our friend and former co-host who runs Third Wheel Media. How has the pandemic affected his business? What is the future of podcasting and media? And what is his dream job? Read more and get additional financial resources here: https://wp.me/p9B077-L7  About our guest: https://www.thirdwheelmedia.com/  On today's show: 0:29 – Introducing special guest Walter Storholt2:20 – What is Third Wheel Media?3:18 – Why working from

    Aug 06,2020 38:55
61. 61. Is It Worth Getting Out of An Annuity With High Fees?

    Are you feeling stuck in an annuity? Do you have big plans to travel in retirement? Matt answers these questions and two others on today’s podcast.   Read more and get additional financial resources here: https://wp.me/p9B077-L0  Today's show schedule: 1:01 - We’ll talk about four questions today.2:56 - If a variable annuity has high fees but a high penalty to get out, what should you do?8:25 - With travel plans in retirement, do you need more income than in your working years?13:38 - Should you

    Jul 16,2020 24:36
62. 62. Mortgage Rates and HSAs

    Are you looking at the mortgage rates right now and considering making a home purchase or refinancing your home? If so, what do you need to know beforehand? Matt will also tackle a discussion of whether you should have a Health Savings Account.Show Notes, Resources & Contact Info:https://smartmoneyquestions.com/Timestamps:1:22 - Today we’re going over mortgages and HSAs.4:17 - Mortgage rates have dropped to historic lows.8:18 - What is a cash out refinance and rate and term refinance?9:30 - What

    Jul 02,2020 29:33
63. 63. What To Know About Becoming a Consultant

    Are you considering working as a consultant or independent contractor? What does that mean for your finances and what should you prepare for ahead of time? We’ll answer those questions plus talk about trusts on today’s episode Read more and get additional financial resources here: https://wp.me/p9B077-KL  Today's show schedule: 0:30 - Matt shares his excitement for the hope of reopening when the time comes.1:40 - What would it look like to come back to work as a consultant?5:17 - Does it make se

    Jun 17,2020 20:59
64. 64. Mark Twain, Traditional IRA vs. Roth and Other FAQs

    Where is your retirement money saved? Will it benefit you more now or later? On this episode of Smart Money Questions, Matt answers several FAQs when it comes to your retirement accounts as well as another question about inheritance plans.  Read more and get additional resources here: https://wp.me/p9B077-KD  Today's show schedule: 0:30 - Philadelphia is moving into the next phase of reopening. 1:54 - “Suppose you were an idiot and suppose you were a member of Congress…” 5:05 - What is a qualifi

    Jun 04,2020 25:24
65. 65. Listener Questions: Diversification, Retirement Savings & More

    In today’s episode of Smart Money Questions, Matt answers a number of questions from listeners. From saving enough for retirement to claiming Social Security, we will talk through several scenarios listeners are currently facing. Read more and get additional financial resources here: https://wp.me/p9B077-Ku  Today's show schedule: 0:38 - We’re about to kick off summer with the holiday weekend.4:48 - Mailbag: I have 33 different funds, is that adequate diversification?8:20 - What is your underlyi

    May 21,2020 25:42
66. 66. Be Aware of the Latest Frauds

    Have you heard of some of the latest frauds? The more you know, the better you can keep safe from being fooled by a fraud. We'll also talk about staying positive and maintaining your well-being before addressing some inheritance questions.  Read more and get additional financial resources here: https://wp.me/p9B077-Kp  Today's show schedule: 0:33 - How is everyone making the best of the last six weeks? 4:22 - How can you have a glass half full mentality?9:09 - Make sure to be aware of the frauds

    May 07,2020 22:12
67. 67. What You Need to Know About the CARES Act

    Are you wondering what the CARES Act is all about and how it might benefit you? What rules should you be aware of? Matt will share the key elements you should be aware of when it comes to the CARES Act in times of coronavirus. Read more and get additional resources here: https://wp.me/p9B077-Ki  Today's show rundown: 3:09 - What is the CARES Act doing with RMDs?5:52 - Can you still make qualified charitable distributions?7:24 - What does it mean for charitable contributions?9:07 - If you are und

    Apr 16,2020 16:10
68. 68. Staying Financially Sane During This Crisis

    Coronavirus has already impacted all of our lives, be it through social distancing or through the stock market. How can you think strategically and stay level-headed financially? Read more and get additional resources here: https://wp.me/p9B077-Ka  Today's rundown: 1:13 - What is our new normal going to look like?3:58 - What’s happening in the market?8:06 - Everyone wants to know, am I reacting the way everyone else is reacting?11:25 - Where are you in your financial life?17:03 - If you are cont

    Apr 02,2020 25:34
69. 69. Paying For College In Retirement

    It is no secret that college tuition is expensive and many parents want to help out their children pay for a higher education. But is it worth risking your retirement? Today we will look at the factors that parents should consider when paying for their child's education. Especially for those parents that are near, or in retirement. We also answer a question from a listener who is looking to sell their farm for a little under a million dollars and does not know where to invest the money. 3:25- Wh

    Mar 19,2020 28:08
70. 70. Coronavirus and Protection Of Assets For Long Term Care

    The outbreak and spread of the coronavirus has caused a bit of a panic in the market in recent weeks. We'll talk about how these events should affect your investments, short-term and long-term. We'll also take a look into some important strategies for protecting your assets from the state if you were to move into a nursing home. 2:40- How the market has reacted to the coronavirus and the history behind similar events.3:39- There is going to be increased volatility during this time in the market,

    Mar 05,2020 21:55
71. 71. Downsizing, Old Policies & Portfolio Options

    There are many misconceptions that surround the idea of downsizing your house in retirement. Many people think that they will be able to make a huge profit if they downsize, but that is not always the case. We will guide you through some other considerations to keep in mind before you make the big sale. We also discuss reevaluating an old life insurance policy, how much company stock you should invest in, and deciding whether to move your money into cash, or to keep investing. Show Notes 2:45- S

    Feb 20,2020 24:10
72. 72. How To Account For Emotions In Your Financial Plan

    Most people like to think that they always make decisions based on logic and facts, but the truth is that emotions usually play a role for all of us in the decision-making process. Matt will share examples he has seen where emotions have influenced the thought process of individuals. Understanding the emotions that come from financial planning and putting the right strategies in place leads to making the best decisions.  Show Notes: 1:26- Peoples concerns are often times driven by emotion. Matt

    Feb 06,2020 22:41
73. 73. Changes To Retirement Planning

    Recently, there was a COLA increase of 1.6% for Social Security benefits. Matt will give his thoughts on the long term benefit of having a COLA increase, even though the percentage may not seem impressive at first. We will also discuss why working past age 65 is not so uncommon anymore and the importance of mapping out a plan with how you would like to spend your time in retirement.Show Notes and Additional Resources:Working Past 65 Article: https://www.cnbc.com/2019/12/30/why-retiring-at-65-cou

    Jan 16,2020 25:32
74. 74. Establishing Residency In A New State, Pension Problems & Consolidating Accounts

    Today's episode will look at how you could possibly establish residency in a different state as part of your tax planning. We will also answer questions regarding what to do when you have a pension with no survivor benefit and how to consolidate your retirement accounts.Show Notes and Additional Resources:  Today's Rundown:0:28- Bring on the new year and take us back to Y2K.4:11- A women in California died but was still enrolled in a cable contract leaving the early termination fee to her kids. 

    Jan 02,2020 27:10
75. 75. Understanding Property and Casualty Insurance with Ted Wolfer

    You’ve likely carried an auto and homeowners policy for many years and don’t think too much about it, but your property and casualty insurance is your protection from major financial disaster. We talk with an insurance specialist to get a better understanding of these policies and what we should be paying attention to. Show Notes and Additional Resources: http://smartmoneyquestions.com/podcastposts/episode-113-understanding-property-and-casualty-insurance-with-ted-wolfer/  Today's Rundown: 0:21

    Dec 19,2019 32:29
76. 76. 3 Listener Questions About Investing, 401k, and Retirement

    You never know what kind of questions or scenarios you’ll come across when working with clients. But that’s what makes planning exciting. Today we’ll pull three great questions that we’ve heard recently involving 401k rollovers, investing rental property proceeds, and the challenge of spending in retirement. We’ll go in-depth on each answer to show you how we approach each situation. Full Show Notes: http://smartmoneyquestions.com/podcastposts/episode-112-3-listener-questions-about-investing-401

    Dec 05,2019 22:49
77. 77. Teaching Children Lessons About Money with John Lanza

    Are you worried that your child is accumulating too many things? Do you wonder if you’re spoiling your child? John Lanza, author of The Art of Allowance, joins the show to give us an overview of his Money Mammals empowerment kit that teaches children how to share, save and spend. This is a great place to start if you want to lay a foundation for money management for your child. Show Notes: http://smartmoneyquestions.com/podcastposts/episode-111-teaching-children-lessons-about-money-with-john-lan

    Nov 21,2019 28:08
78. 78. Want to Know How We’re Investing Our Money?

    Have you ever stopped to think about what your financial advisor invests in? You get a lot of advice and guidance but do they actually follow their own suggestions? We’re going to pull back the curtain and tell you how we manage our entire portfolio for the three businesses. Show Notes: http://smartmoneyquestions.com/podcastposts/want-to-know-how-were-investing-our-money/ Today's Rundown: 0:34 – What we’re doing on today’s show.1:10 – In the news: Local Pennsylvania couple facing a felony charge

    Nov 07,2019 23:46
79. 79. Incorporating Giving Into Your Retirement Plan with Arlene Cogen

    So much of our focus during retirement planning is saving money to protect ourselves and provide for our family, but there’s such a great opportunity to improve our lives even more by giving to others. Not only does it improve the lives of others but it also creates financial benefits for your portfolio. Arlene Cogen, a philanthropic leadership consultant and author, joins us to discuss this important topic.On this episode:0:26 – Today we have a special guest on the show, Arlene Cogen.1:21 – Arl

    Oct 17,2019 32:14
80. 80. Financial Questions You Need to Ask Before Getting Remarried Later in Life

    With 50 percent of marriages ending in divorce, there’s a good chance you or someone you know is going to face the choice later in life to remarry or stay single. Many things will factor into that decision but understanding how your finances will be impacted is a significant part of that discussion. These are the questions you need to be asking.  Today's rundown:1:03 – The backstory behind today’s main topic.4:31 – Here’s the question I was asked last week.5:40 – These are the initial questions

    Oct 03,2019 23:39
81. 81. So When is the Next Market Crash Happening?

    It’s a question we get a lot from clients. Everyone has enjoyed the long run upwards in the stock market but now we’ve moved into the stage of worry and pessimism. But it’s not your fault. Headlines always make you fear the worst, and that’s why we’re going to address the elephant in the room and how to be prepared for the worst.On this episode: 0:36 – We’ve been getting questions about the next market crash for a little while now.3:17 – Question from Elizabeth: I’m retiring in 6 months and I’m

    Sep 19,2019 19:58
82. 82. Empowering Women in Financial Planning

    Matt will be speaking at an event on the topic of empowering women in financial planning and it got him thinking a lot about examples in his personal and professional life that tie into the topic. This episode will run through statistics you need to know and the most important investment items you need to have in order. Click here to see the full show notes.----more----Today's rundown:0:52 – Busy next year coming for Matt.1:51 – What got me thinking about this topic.   5:14 – How to contact me w

    Sep 05,2019 21:04
83. 83. 3rd and 4th Quarter Financial To-Do List

    We’ve already rolled into the third quarter of the year and that presents us with a great opportunity to evaluate our portfolio. Giving your plan a check-up will help keep it on track headed towards your goals so use this checklist focus on the most important questions.Check out the full show notes by clicking here.----more----Today's rundown: 0:35 – Introducing today’s topic.2:30 – Understanding where we’re putting our money in a company plan.3:15 – Ask if your company has a Roth 401(k) option.

    Aug 15,2019 21:17
84. 84. Understanding Tax Laws Can Help You With Investing Decisions

    A recent tax bill was signed into law in July 2019 and it serves as a reminder that understanding taxes is an important aspect to planning your retirement. Knowing how much of your money will be yours when you decide to access it will determine how much you actually need. On this episode, we discuss this tax law and answer a few questions sent to us.Check out the full show notes by click here.----more----Take a look at the full rundown below:0:26 – Matt discovers goat yoga.3:30 – On July 1, the

    Aug 01,2019 17:40
85. 85. Unasked Questions About The Stretch IRA

    Do you ever wonder what you might not even know to ask about? For instance, do you know what a stretch IRA is and how it works? Or how to designate beneficiaries and joint ownership over your accounts appropriately? Matt talks through the ins and outs of these things, answering your questions before you ask them.See the full show notes here. ----more----Take a look at the full rundown below: 0:38 – Episode overview about making sure you do what you are supposed to with your retirement accounts.3

    Jul 18,2019 20:46
86. 86. Early Retirement, NOT In A Lower Tax Bracket, & Defining Your Financial Security

    We've got a few listener questions on the docket for today. First up, we'll discuss Abe's question about being forced into an early retirement. Should he get another job? What items should he address before he is no longer receiving a paycheck? We'll also answer Blair's question about tax brackets in retirement. What is the real outlook on future tax rates, and how should we prepare? Finally, we'll take a look at how you can define financial security for yourself.

    Jul 03,2019 30:36
87. 87. Adam Quiney On Your Relationship With Money

    This week we speak with special guest Adam Quiney, an executive leadership coach, about how your relationship with money can define your experiences as an investor and as a retiree. We'll delve into how that relationship is formed and how it then influences your thoughts and decisions throughout each phase of your life.

    Jun 20,2019 28:28
88. 88. SECURE Act & Gifting vs. Inheriting

    At the end of May, Congress passed the SECURE Act, which will create some major changes to qualified retirement accounts. We'll look into what those changes will be, as well as possible future implications. And later, Matt shares a story about a client that highlights the importance of understanding the difference between gifting and inheriting.

    Jun 06,2019 26:01
89. 89. Roth IRA Follow Up And Inheriting Something I Don't Want

    We received quite a few responses from listeners after the last episode, so we'll be following up on last weeks's topic by discussing Roth IRA conversions. We'll also talk about what to do if you inherit a piece of property that you don't want, and we'll learn about Stretch IRAs.

    May 16,2019 23:19
90. 90. Roth IRA Contribution Limits And Other Questions

    This week, we'll delve into some listener questions about retirement accounts. Matt will clear up the difference between the tax characterization of different types of accounts, as well as whether they should be invested differently. He'll also discuss what happens if you overfund a Roth IRA, how your Social Security is taxed, and more.

    May 02,2019 00:00
91. 91. Estate Planning Essentials: Beneficiary Forms And Legal Documents

    When it comes to building a retirement plan, one of the biggest items that people overlook, or even avoid, is designating their beneficiaries. But taking the time to do this is key to ensuring that your assets are handed down in the way you intend, and that your estate does not go through probate. Matt gives us some tips on how to prepare these essential legal documents.

    Apr 18,2019 17:08
92. 92. What's The Value Of An Advisor?

    Matt recently received an email question from a knowledgeable DIY investor who is considering handing over the reins to a financial advisor, but is skeptical about the value an advisor could provide. So this week, we'll discuss what type of benefits a true holistic financial advisor should bring to both you and your investments.

    Apr 04,2019 25:44
93. 93. Julie's Story - A Client's Perspective

    The featured guest this week is Matt's current client Julie, who is in the process of planning for retirement and has been working with Matt for several years now. Julie provides some valuable insight into the planning process from a client perspective, and even offers up some great travel tips from her experience in the hospitality industry.

    Mar 21,2019 13:43
94. 94. Mailbag: Savings, Roth or Traditional IRA, College Planning

    We've received a lot of listener questions following our interview with Harlan Accola. Jane wants to know about the preferred interest rate for a savings/money market account. Hector asks about the differences between a Roth IRA and a traditional IRA. Finally, Jim wonders about how to properly save for his kids' college plans. Matt will answer all those smart money questions and more.

    Mar 07,2019 22:55
95. 95. Episode #93: Harlan Accola - Behind The Curtain of Reverse Mortgages

    If you're like most people, you've probably steered clear of reverse mortgages for one reason or another, but there's quite a bit more to them that isn't generally discussed. Matt brings in Harlan Accola to demystify the subject. Who should consider one, and who should not? What kind of options are available and what are the costs associated? And why do reverse mortgages have such a bad reputation?

    Feb 21,2019 38:04
96. 96. Episode #92: What The Rich DON'T Do With Their Money

    This week, let's look into some basic steps that you can take towards building and protecting wealth, as well as finding peace of mind in your investment plan.

    Feb 07,2019 12:14
97. 97. Episode #91: Mailbag - Social Security, Inherited Stocks, Market Recessions

    We love to feature your questions on the podcast. Join us as we answer your email questions on Social Security, market recessions, and inherited stocks.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://smartmoneyquestions.com/podcastposts/episode-91-mailbag-social-security-inherited-stocks-market-recessions/

    Jan 24,2019 28:53
98. 98. Episode #90: Relocating In Retirement

    Many couples look to relocate or downsize in retirement. Relocating can be beneficial, but it presents questions you'll need to answer before you move.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://smartmoneyquestions.com/podcastposts/episode-90-relocating-retirement/

    Jan 17,2019 14:36
99. 99. Episode #89 Understanding Risk Tolerance

    Risk tolerance is a buzzword you often hear in the financial industry. It's important to understand what it is and how it applies to you as an investor.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-89-understanding-risk-tolerance/

    Jan 10,2019 27:22
100. 100. Episode #88: Market Volatility & Risk

     There's a conversation Matt has with clients all the time. It's about market volatility. It's one of the most important things to grasp and understand as you prepare for retirement. On this episode, Matt will recount one of those recent conversations with a couple that came into his office, some of the questions they asked and how ultimately they were able to achieve more comfort with their financial plan. Show notes for this episode: http://www.smartmoneyquestions.com/podcastposts/episode-88-ma

     Jan 03,2019 15:08
101. 101. Episode #87: Mailbag - Paying Off Your House

     Join us as we feature your email questions. We'll cover paying off your house and financial planning for married couples. For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-87-paying-off-your-house/

     Dec 27,2018 25:02
102. 102. Episode #86: Attitude Of Gratitude

     This time of year, we tend to discuss the attitude of gratitude. In the spirit of the season, we want to take time to be thankful.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-86-attitude-gratitude/

     Dec 20,2018 11:52
103. 103. Episode #85: Headlines Featuring Scams And Market Crashes

     On this edition of the podcast, Matt addresses scams that could attack your wealth and the question of whether a market crash could eat into your portfolio.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-85-scams-market-crashes/

     Dec 13,2018 29:27
104. 104. Episode 84: Paradigm Shift

     As we move from work to retirement, we experience a paradigm shift. Suddenly, we’re moving from wealth accumulation to income distribution. Matt explains.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-84-paradigm-shift/

     Dec 06,2018 22:05
105. 105. Episode #83: Advising Is Problem-Solving

     Many people think of financial advisors as money managers. In reality, advising is problem-solving. Matt gives examples of some of the puzzles he’s worked. For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link:http://www.smartmoneyquestions.com/podcastposts/episode-83-advising-problem-solving/

     Nov 29,2018 34:19
106. 106. Episode #82: Soda Taxes And Fire

     Soda taxes are causing folks in Seattle to rethink their purchases, and a new movement is helping millennials to retire early. Matt Explains.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-82-soda-taxes-fire/

     Nov 22,2018 28:07
107. 107. Episode #81: Matt's Planning Process Part 02

     People ask us what our retirement planning process looks like. Join us for part two of our series detailing one couple's journey through retirement.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-81-planning-process/

     Nov 15,2018 19:47
108. 108. Episode #80: Matt's Planning Process Part 01

     People ask us what our retirement planning process looks like. Join us on a two-part series as we detail one couple's seven year journey through retirement. For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-80-matts-planning-process-part-01/

     Nov 08,2018 20:10
109. 109. Episode # 79: Mailbag - Self-Directed IRAs & The Landlord Game

      We'll answer your questions and determine whether you should get into the landlord game. We'll also examine whether you should open a self-directed IRA.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-79-landlord-game/

     Nov 01,2018 20:27
110. 110. Episode #78: Maggie's Story

     We're dropping "Money" from the show today and calling it Smart Questions. Matt shares Maggie's story about his wife's life-altering trip to the hospital. For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link:  http://www.smartmoneyquestions.com/podcastposts/episode-78-maggies-story/

     Oct 25,2018 22:45
111. 111. Episode #77: If Only I'd Met You Sooner!

     Matt tells us about times clients have said they wish they'd met him sooner. He'll detail how doing so could've spared them a major headache.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-77-if-only-id-met-you-sooner/

     Oct 18,2018 15:46
112. 112. Episode #76: How The New Tax Code Affects Me

     We've talked for months about the tax code changes. Join us as we outline how these changes will affect your personal finances.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-76-new-tax-code/ 

     Oct 11,2018 13:47
113. 113. Episode #75: Early Retirement Complications

     Retiring early is a tempting goal, but it's not without complications. Matt offers insight into overcoming the challenges presented by an early retirement.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-75-early-retirement/

     Oct 04,2018 15:31
114. 114. Episode #74: Letter From The IRS

     Learn what to do when you receive an ominous letter from the IRS. If the IRS is asking you for additional money, consider your options.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-74-letter-from-the-irs/

     Sep 27,2018 14:42
115. 115. Episode #73: More Than Just Investments

     Your retirement plan should consist of more than a collection of investments. Discover the different planning elements that make for a sound retirement.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-73-more-than-just-investments/ 

     Sep 20,2018 28:54
116. 116. Episode #72: RVs, Traveling, Remodeling, Credit Card Rewards

     Matt explains how to get the most out of your credit card purchases and apply your rewards toward traveling and other big ticket items.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-72-rvs-traveling-remodeling-credit-card-rewards/

     Sep 13,2018 17:56
117. 117. Episode #71: Sales Pitch Versus Planning

     Discover the difference between an advisor who offers you a sales pitch and one who engages in a truly comprehensive planning process.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-71-sales-pitch-versus-planning/ 

     Sep 06,2018 31:25
118. 118. Episode #70: The Retirement Process Is Uncomfortable

     The retirement planning process is uncomfortable. Find out why it’s uncomfortable, and discover what you can do assuage your angst.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-70-retirement-process-uncomfortable/

     Aug 30,2018 15:30
119. 119. Episode #69: Mailbag - Emergency Funds, Market Crashes, And Retirement Planning

     We'll feature your listener questions from the Mailbag on emergency funds, market crashes, and the retirement planning process.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-69-mailbag-emergency-funds-market-crashes-planning/

     Aug 23,2018 28:49
120. 120. Episode #68: Avoid Costly Mistakes In Estate Planning

     Costly mistakes in your estate plan, specifically the passing of your qualified retirement accounts, are avoidable. Learn how, and prevent a headache.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-68-avoid-costly-mistakes/

     Aug 16,2018 15:41
121. 121. Episode #67: What Financial Demographics Can Tell Us

     Financial demographics and statistics are confusing, but they provide insight into financial planning. Find out what the data says about retirement today.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-67-financial-demographics/

     Aug 09,2018 19:21
122. 122. Episode #66: What To Do With Required Minimum Distributions

     Required minimum distributions (RMDs) are an inevitable part of retirement, but what should you do with that money? Matt explains.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-66-required-minimum-distributions/

     Aug 02,2018 16:18
123. 123. Episode #65: Walter Buys A House

     We’re shaking things up on the podcast. Learn about co-host Walter Storholt’s home-buying experience. Discover how buying a house relates to your finances.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-65-walter-buys-house/

     Jul 26,2018 35:54
124. 124. Episode #64: Health Insurance Options Before Medicare

     Taking an early retirement can be a tempting offer, but there are some things to keep in mind before pulling the trigger. Since Medicare does not cover you until you turn 65, have you considered what your health insurance options are once you are no longer working? Matt will go over some coverage options to keep in mind before you are eligible for Medicare.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/po

     Jul 19,2018 14:06
125. 125. Episode #63: Making Bad Financial Assumptions

     Be careful of making assumptions about certain areas of retirement planning before you really know the facts. Some of these assumptions could be correct, but they could just as likely be wrong…For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-63-bad-financial-assumptions/

     Jul 12,2018 17:09
126. 126. Episode #62: Side Thought. Tax Reform With Rich Swavely

      Rich Swavely joins us for a casual conversation on taxes. We'll cover the good, the bad, and the ugly of recent tax reform in Washington.For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-62-tax-reform/

     Jul 05,2018 19:09
127. 127. Episode #61: Things You Can't Control

     In retirement planning, there are many things that are completely out of your control. Fortunately, the things that you can control allow you to deal with those things you can’t. For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-61-things-you-cant-control/

     Jun 28,2018 19:42
128. 128. Episode #60: Legal Documents You Need In Your Retirement Plan

     Legal documents are confusing and typically come with a lot of complex vocabulary. Matt sorts through the jargon and explains why they're so important. For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-60-legal-documents/

     Jun 21,2018 19:49
129. 129. Episode #59: Getting Started: A Financial Plan's First Steps

     Putting A financial plan together can be overwhelming. We'll show you how to take the first steps toward getting started. For detailed show notes, a corresponding blog post, and access to mentioned resources, click here.

     Jun 14,2018 20:24
130. 130. Episode #58: What Are You Going To Do In Retirement?

     Retirement planning requires more than financial preparation. Matt details why it's important to set personal goals in retirement.For detailed show notes, a corresponding blog post, and access to mentioned resources, click here.

     Jun 07,2018 11:54
131. 131. Mailbag: Office Buildings, Whole Life, Financial Empowerment

     Some great mailbag questions this week. Saul in Florida wants to know if he should sell off his office building and invest the assets. Marie in Pennsylvania is curious if three whole life policies is too much. Hank in Texas wants to know if he should put all his money in Roth from now on. And Samantha in Maryland's mom has a lot of money at her disposal. But she has no confidence to spend any of it. How can she feel more empowered to use the money without losing it or wasting it? Matt has answer

     May 31,2018 23:12
132. 132. You Got What?

     We've all heard the phrase about having too many cooks in the kitchen. On this podcast, Matt tells us about a time a client revealed to him that they had four different financial advisors. It prompted Matt to say, "You got what?" He'll tell us why having that many advisors can lead you down the wrong path.

     May 24,2018 11:46
133. 133. The Important Things You Should Know About 401k Rollovers

     We often talk about the importance of not leaving a 401k with your old company after you no longer work there. Let’s explore some of the benefits of a 401k rollover, why you might want to move it to an IRA, what the tax implications are and some of the other essential things to consider.

     May 17,2018 19:13
134. 134. Fear Of Running Out Vs Spending It

     Matt gives us another solo podcast. This time, his thoughts are on how to ensure a worry-free retirement where someone can spend for their lifestyle without fear of running out of money.

     May 10,2018 10:44
135. 135. Mailbag: IRA Losses, Unemployed Conversions, Severance, "Financial Guys"

     The mailbag is full of good questions this week. Two of them touch on IRA issues. One person is concerned about recent losses in their portfolio while another is trying to figure out if now's the time to do a Roth conversion while in between careers. Bill might get to stop working a year early. Should he? And a great question from Kent. Should he push his friend in the pool for the financial advice he recently gave him?

     May 03,2018 20:40
136. 136. Side Thought: Should You Pay Off A Mortgage With An IRA?

     Is it possible to pay off your mortgage with the balance of your IRA? Is it wise? Matt talks about a recent situation where this idea was broached. He'll seek to take the emotion out of the conversation and approach the conversation from a logical perspective.

     Apr 26,2018 12:23
137. 137. Helping Out With Parents

     Matt shares a personal story about having to help his parents through a difficult time. He'll also tell us about some of the scenarios his clients have faced over the years and offer you some ideas on how to best prepare for tough situations you and your parents might face.

     Apr 19,2018 14:19
138. 138. April: National Distracted Investor Awareness Month

     They say these days that there’s a holiday of every day of the year. It’s kind of true. In fact, the month of April, for example, is home to Bowel Cancer Awareness Month, Fresh Florida Tomato Month, Fresh Celery Month, Multiple Birth Awareness Month and National Soft Pretzel Month (sorry hard pretzels, you guys have to wait until the overall National Pretzel Month in October). What does all this have to with finances? Well, April is also National Distracted Driving Awareness Month, which gave us

     Apr 12,2018 21:59
139. 139. Mailbag: Downsizing, Big vs. Small Companies, And Forced Budgeting

     Great questions on the podcast this week from Mark, Lynne and Carrie. Mark has questions about how to properly finance the decision to downsize to a smaller house. Lynne is wondering about working with big financial companies vs. independent advisors. And Carrie says an advisor is forcing her and her husband to live on a budget. It's a requirement for them to work together. She wants to know if that's normal and if Matt has seen other examples like this where advisors place certain "rules" on th

     Apr 05,2018 21:13
140. 140. Mailbag: International Conflicts, College Loans, Lots of Little 401ks, And When To Finally Meet With An Advisor

     We'll answer your questions this week in our mailbag edition of Smart Money Questions. Stella has a question about how international conflicts might impact the markets. Steve needs help figuring out how to pay for his son's college. Should he stop contributing to retirement for a few years to cover the tuition payments? Aaron has a bunch of smaller 401ks sitting around and wants to know what to do with them. And Lauren asks a great question about picking the right time to meet with an advisor. D

     Mar 29,2018 26:47
141. 141. His And Hers Retirement Planning

     If you’re married, then this will come as no surprise. It takes two to complete a successful retirement plan. On this podcast, we’ll look at how husbands and wives have different financial goals and how that creates conflict. We’ll, of course, also explore how to resolve that conflict to establish a solid financial plan.

     Mar 22,2018 18:36
142. 142. Storytime: Collaborating With Other Pros

     The quarterback on a football team is often considered to the most important person on the field. But they can’t always get the job done by themselves. Sometimes, they need to hand the ball off or throw it to a teammate to make progress down the field and ultimately score a touchdown. Your financial advisor should serve in a similar capacity. They’re the most important person in your overall planning situation, but they should also know when it’s the right time to bring in other professionals to

     Mar 15,2018 22:36
143. 143. Mailbag: Home As A Retirement Plan And Spousal Dispute Questions

     Let's answer your questions about being a good steward of an inheritance, using your home as a retirement plan and how to handle a spousal dispute when it comes to leaving money behind for the kids.

     Mar 08,2018 20:17
144. 144. Chocolate, Thunderstorms, Mortgages, And Target Date Funds

     We'll answer listener questions about paying off a mortgage in the next two years and whether retirement planning is as easy as investing in target date funds. Plus, we'll see what Matt learned at his recent chocolate-tasting event and Walter will tell us what financial lessons you can learn from his (former) fear of thunderstorms.

     Mar 01,2018 23:36
145. 145. The Financial Lies We Tell Ourselves

     You know it’s not a good thing to lie to yourself in any aspect of life. So, let’s “keep it real” and go over some of the common financial lies we tell ourselves and explore why it’s dangerous to approach retirement planning with these mindsets.

     Feb 22,2018 21:30
146. 146. Carrie's Question: What's Going To Happen To Tax Rates?

     Carrie in Florida asks, "What’s going to happen with tax rates in the future? I’ve always assumed they’ll be going up for the rest of my life, but now I’m thinking maybe they’ll go down given recent decisions at the White House. What do you think?" We'll attempt to answer her question and give you some other things to think about when it comes to tax planning and retirement.

     Feb 15,2018 14:10
147. 147. Mailbag: How To Invest Through Retirement And How To Handle Lump Sums

     Many of the smart money questions that we feature on the show are from our very own listeners. On this episode, Matt will answer some listener questions about longevity planning, handling lump sums, and more.

     Feb 08,2018 17:44
148. 148. In the News: Big Box Retail, Bonuses, And Robots

     Let’s look at some recent headlines to see how the news might impact you in the short and long term. We’ll cover news about big box retail struggles, bonuses getting handed out left and right, plus robots! Who doesn’t like talking about robots, right?

     Feb 01,2018 17:23
149. 149. Stress And Retirement

     Psychologists have determined that retirement is the 10th most stressful event that you can experience in life. The events on the list that are considered more stressful include things like the death of a spouse, divorce, and going to jail. Let’s look at the ways to proactively deal with stress in retirement…

     Jan 25,2018 17:23
150. 150. Why Your Excuses For Questionable Decisions Don't Hold Water

     Very often, we hear people try to make excuses or explain away some of their questionable financial decisions. Let’s talk about why these excuses usually don’t hold water.

     Jan 18,2018 27:06
151. 151. Storytime: Wow, You're Old Now

     Let’s hear about a client who has lived to an advanced age, but they’re still in good shape financially, due in part to the great financial plan they have in place.

     Jan 11,2018 19:19
152. 152. Mailbag: Age Gaps, Rental Property, Too Conservative

     We'll ring in 2018 by answering your questions about age gaps, investing too conservatively, and what to do with an old rental property. Matt also has details about some upcoming events at the brand new office in Westchester. Plus, Walter reminisces on his days as a chocolate festival emcee. You won't want to miss the first episode of the year.

     Jan 04,2018 24:19
153. 153. Common 401k Questions

     A lot of Americans have 401k accounts. Let’s cover some of the common questions we get from 401k owners. You probably have some of these questions on your mind anyway. Oh, and this advice generally applies if you have a 403b or similar type of account, too.

     Dec 28,2017 10:56
154. 154. Financial Santa Claus

     In the spirit of the holiday season, let’s pretend that Santa Claus is filling up the stockings of retirees and pre-retirees with useful financial resources. But you can only fit 6 items into the stocking. Which 6 would you choose?

     Dec 21,2017 17:11
155. 155. Mailbag: Early Medicare, Tightwads, New Cars & Divorce At Retirement

     What happens when you retire before Medicare eligibility? What do you do if your significant other is a tightwad when he doesn't really need to be? Is it OK to buy a brand new car on credit right at retirement? What should you do if you're getting an unexpected divorce right before retirement? We'll answer all those questions and more on this week's "Mailbag" edition of Smart Money Questions.

     Dec 14,2017 12:12
156. 156. Financially Savvy Grandparenting: Part 2

     Part 2 of our discussion of the 7 tips for grandparents to consider as they help their grandchildren grow into financially savvy adults.

     Dec 07,2017 20:32
157. 157. Financially Savvy Grandparenting: Part 1

     A common question we often get, that’s not even really related to investing, is from retirees wanting to know how they can help pass their financial wisdom on to the next generation. So, let’s touch on seven tips for grandparents to consider as they help their grandchildren grow into financially savvy adults.

     Nov 30,2017 16:30
158. 158. Story Time: In The Nick Of Time

     Occasionally, someone meets with an advisor just in the nick of time. Let’s hear about a time a client was about to make a bad financial mistake, but it was averted because of meeting with Matt.

     Nov 21,2017 09:50
159. 159. Mailbag: Nursing Homes, Roths, and Hating Advisors

     Let's answer your questions about nursing home planning strategies, Roth conversions, and what to do if you hate every financial advisor you meet.

     Nov 16,2017 13:43
160. 160. Retirement's New Paradigm

     Understand a new paradigm in today's retirement landscape - Debt. Learn why it's become a pervasive problem in retirement and how you can handle the different debt issues you might have to navigate.

     Nov 09,2017 15:31
161. 161. Mailbag: LTC, LSPs, Metals

     Answering your questions about long term care, TSP accounts, working with an advisor for the first time and whether it'd be wise to dump all your money into precious metals.

     Nov 02,2017 17:13
162. 162. Quiz Your Advisor

     There’s no such thing as a dumb question. So, let’s explore some of the questions you should ask a potential advisor, or even your current advisor (assuming you haven’t asked them these things before).

     Oct 26,2017 18:15
163. 163. Reaping Rewards For Financial Sacrifice

     It can be difficult to make financial sacrifices when the reward for doing so might not be seen until several years in the future. Let’s talk about some of the situations where you might be inclined to take the immediate benefit, but you should really consider the delayed benefit.

     Oct 19,2017 15:59
164. 164. Mailbag

     Matt answers listener questions about pensions, lack of advice, long-term care, and market growth.

     Oct 12,2017 16:37
165. 165. The Un-Asked Financial Questions

     Lots of people have questions about their retirement, but most people should be asking other questions that they don’t even know to ask. Let’s break down the “un-asked questions” of the financial world

     Oct 05,2017 16:26
166. 166. Required Minimum Distributions

     A lot of people aren’t clear on why RMDs exist. Let’s clear up the confusion and talk about the proper ways to handle RMDs and how you should be planning for them.

     Sep 28,2017 23:31
167. 167. Are You Ready For Retirement?

     We help you figure out how prepared you are for retirement.

     Sep 21,2017 14:40
168. 168. Mailbag Questions

     Matt answers listener questions about 401(k)s, CDs, insurance, and social security.

     Sep 14,2017 11:59
169. 169. Universal Retirement Truths

     We'll share with you some MOSTLY universal retirement truths.

     Sep 07,2017 20:14
170. 170. Common Planning Complaints

     Learn the common planning complaints we hear from clients on a regular basis. 

     Aug 31,2017 13:47
171. 171. Are 401(k) Plans Right For You?

     A 401(k) is a great investing tool, but is it the right fit for you? Find out on this edition of Smart Money Questions. 

     Aug 24,2017 15:03
172. 172. Mailbag

     We'll take your listener questions on early retirement packages, mortgages and retirement, and whether inconsistent communication with your financial advisor is problematic. 

     Aug 17,2017 07:20
173. 173. The Financial Draft

     With the football preseason already unfolding, let's hold a financial draft. Learn about the different "players" you should have in your portfolio. 

     Aug 10,2017 13:25
174. 174. Social Security Myths

     We'll debunk some of the myths about social security.

     Aug 03,2017 10:51
175. 175. A Financial Game Show

     We'll talk about how your financial world may be more of a game show than true planning.

     Jul 27,2017 12:43
176. 176. Smart Money Questions: IRAs and Retiring Advisors

     We'll take listener questions on several topics. Whether it's an IRA or an issue with a 401k, we'll do our best to help resolve your problems.

     Jul 20,2017 09:41
177. 177. Treating Retirement Like Vacation

     We'll discuss a fun way you can approach prepping for retirement.

     Jul 13,2017 12:51
178. 178. Financial "Blind Spots"

     We'll discuss the things in retirement that you may not of have know about. We'll also talk about just how impactful these things can be.

     Jul 06,2017 19:41
179. 179. Common Money Mistakes

     We'll discuss some of the simple mistakes that can have a big impact.

     Jun 29,2017 22:52
180. 180. Rebalancing A Portfolio

     Rebalancing is a popular buzzword, but what does it actually mean? We'll address that Smart Money Question on this edition of the podcast. 

     Jun 22,2017 09:40
181. 181. Importance of Income Planning

     We'll discuss how crucial income planning is for retirement. 

     Jun 15,2017 14:25
182. 182. Where Do You Stand

     We'll discuss the stages of retirement planning and how you think about them.

     Jun 08,2017 13:33
183. 183. Pre-Flight Checklist

     We'll make sure you're ready to take off into retirement. 

     Jun 01,2017 18:36
184. 184. Major Life Events

     We'll discuss some of the ways major life events can affect your retirement. 

     May 25,2017 17:46
185. 185. Breaking Down Your Financial Statements

     We'll help you better understand those pesky financial statements.

     May 18,2017 10:15
186. 186. Beneficiary Mistakes

     We'll discuss the common mistakes people make when naming beneficiaries to their accounts. 

     May 11,2017 11:09
187. 187. Rookie Mistakes

     We'll examine some of the "rookie mistakes" even the most seasoned of investors can make. We'll be sure you're not making them as well. 

     May 04,2017 16:51