Mon, 29 September 2014
If you're planning on living a long life, make investing in your health a priority. USA Today recently reported that the top retirement concern for people over age 50 is healthcare costs. Growing older and being unhealthy can be financially disastrous. It just makes sense, to take a proactive approach to investing in your health.
INVEST WISELY: 5 Steps to a Healthier Life with Corbin Links
Corbin Links not only talks the talk, he has walked the walk. His 12 year journey to living a healthy lifestyle
In this episode we explore his 5 steps to living a healthier life. We discuss:
How to learn more:
PLAN WELL: How does working affect Social Security Survivor Benefits?
Last week I a listener e-mailed me this question.
Here are the facts about Social Security Survivor Benefits that we discuss in this episode
Question: What steps are you taking to invest in your health?
Direct download: 33_Retirement_Answer_Man.mp3
Category:general -- posted at: 5:08pm CDT
Mon, 22 September 2014
Are you in a career that matches your God given talents? Most of us are in careers that we were trained to do. Not careers that centered on our talents. After college, we start work and our careers generally progress on their own, without much intentional direction from us. If you're in your 50's and this fits you, it's not too late to begin to pivot you're career towards something you have natural talents for. In this episode, Career Pivot's Marc Miller, outlines how to start your pivot.
INVEST WISELY: Things to Consider Before You Buy Alibaba
Interesting. Over the last few days I've heard more people talking about the blockbuster Alibaba IPO than the new iPhone 6. As a result, I've gotten more than a few inquiries asking whether Alibaba is worth buying. Now, I would not dare to recommend the purchase of any investment on this blog. That would be silly. I know nothing about you or your situation. In fact, please RUN from any site that makes such recommendations.
PLAN WELL: Doing What You Love: A Conversation with Marc Miller from careerpivot.com
Marc and I discuss:
You can connect with Marc at careerpivot.com
Question: If you're in your 50's, do you plan to work during retirement? Let me know on Twitter
Direct download: Retirement_Answer_Man_32.mp3
Category:general -- posted at: 8:15pm CDT
Tue, 16 September 2014
Wouldn't it be great to learn about retirement from those that have retired successfully? Here's your chance. Today at FinCon, the national conference for money media, moneytips.com is releasing the book, The Retiree Next Door. The best part is you can get it for free.
Over the last year, the folks at moneytips.com conducted a survey of over 500 successful retirees. Their objective: to identify clear traits and strategies they used to do so.
Recently, I spoke with Moneytips.com's Michael Dubrow about the project and some of the lessons learn for those working towards retirement.
Take a listen and learn:
These projects are great because they help us learn from those that have walked before us. No theory here, just practical incites into the Retiree Next Door.
Direct download: Retirement_Answer_Man_31.mp3
Category:general -- posted at: 2:54pm CDT
Sun, 14 September 2014
Have you ever felt distant from your wife? I sure have. In my 23 years of marriage, there were times my wife and I drifted apart. It's easy to do. Work, kids, hobbies, etc. can cause a man and wife to drift apart. We eventually learned we needed to be intentional about nurturing our marriage.
Plan Well: Invest in Your Marriage
In this week's episode Jackie and I discuss how married men can become the leaders they want to be.
Jackie helps husbands and fathers learn how to lead and love their families so they can have lasting, fulfilling marriages and meaningful influence on their kids.
Want to be a better husband and father? Check out Jackie's great resources:
Invest Wisely: Should I Worry About Big Bad Events?
The recent anniversary of the 9/11 terrorist attack reminds us that big bad events can happen in the world. There always seems to be some catastrophic event "just around the corner":
Should you worry about these as you invest for your future? It sure seems so. This week, I take a look at how markets have acted after some of the biggest "big bad events" over the last 75 years.
It's easy to act emotionally with investing. Our emotions drive most decisions. If you are going to Invest Wisely for your future, it's important you focus on facts and process. This will help you make smarter financial decisions
Direct download: RAM_Podcast_30.mp3
Category:general -- posted at: 2:51pm CDT
Sun, 7 September 2014
Taxes suck. They erode away your income, savings and investments. One strategy to maximize your retirement savings is to convert your IRA to a ROTH IRA. ROTH IRAs are a powerful tool to help you do this but there are lots tax and planning issues to consider first.
That's why I turned to Ed Slott, America's IRA expert. He is a nationally recognized IRA-distribution expert, a professional speaker, and the creator of several public television specials, including the most recent, Ed Slott’s Retirement Rescue!
Investing Corner--The Importance of Dividends
When most people thing of making money in equities, they think of buying low and selling high. That's a great strategy, but it's only part of the story. This week I explore the importance dividends can have in any investment portfolio.
I discuss these 5 reasons dividend can be a benefit to any portfolio:
Retirement Tip of the Week
During my conversation with Ed Slott, we cover:
Have you considered converting to a ROTH IRA?
Direct download: 29_Retirement_Answer_Man.mp3
Category:Finance -- posted at: 4:41pm CDT
Mon, 1 September 2014
Stressed about planning for retirement??? Your not alone, most of use (including me) freak out when we look at what it could take to provide for our family in retirement. Don't believe all the statistics, you can take control.
Listener Question Wayne Asks
My question is are there hidden risks doing my diversifying on top of diversity that I do not realize, other than my time for managing, and the loss of opportunity of my conservative and explore portfolio $s?
Wayne has multiple portfolios, each with it's own allocation
Hidden risks might include:
Retirment Planning Stress: How to take control
No Wonder We're Stressed:
4 Strategies for Beating Retirement Planning Stress:
Direct download: 28_Retirement_Answer_Man.mp3
Category:general -- posted at: 5:53pm CDT