MikeNeumeier: Recent Episodes
Mike Neumiere
How would you answer this question? Do you know the cash flow rate your portfolio will need to generate in order to meet your retirement needs? Tune in as Mike Neumeier helps to answer these questions and many more.
There are different ways to structure and coordinate life insurance in order to accomplish specific legacy goals, all the way from simple term insurance, to Whole Life, Universal Life, even to BOLI/SOLI, viatical settlements, or even family trusts and private foundations.
How would you answer this question? Do you know the cash flow rate your portfolio will need to generate in order to meet your retirement needs? Tune in as Mike Neumeier helps to answer these questions and many more.
Timely planning tips and time-tested strategies for long-term financial success; listen as Mike Neumeier discusses this and more on this week's edition of Saving & Investing.
The deadline to convert dollars from a Traditional to a Roth IRA is the end of the calendar year and may represent a significant tax-savings opportunity.
For our Halloween weekend edition of the program, we are discussing some potentially scary financial topics and current events. As always, if you have questions or want to address any of the issues discussed, or your own planning concerns, contact Mike Neumeier and the team at 1(800)787-3506.
If you would like to have a contact for your financial future contact Mike Neumeier at 1(800) 727 - 3506.
We get a lot of questions from listeners on the show and would love to help answer yours. Post any questions that you may have about retirement below. We would be honored to ease your mind and guide you to a more comfortable retirement. Make sure you also follow the link to tune in to this episode. As always Mike Neumeier supplies lots of free information that will help you retire more confidently.
The thought that we could be affected by significant healthcare events is a worry for everyone. The financial implications are a separate but associated issue that equally concerns proactive planners. Tune in as Mike Neumeier helps you plan and prepare for retirement.
There are products that offer a guaranteed lifetime floor for income that also guarantee that floor continues to grow (to help offset inflation) over many years in retirement. Tune in as Mike Neumeier discusses this and more on this week’s show.
How would you answer this question? Do you know the cash flow rate your portfolio will need to generate in order to meet your retirement needs? Tune in as Mike Neumeier helps to answer these questions and many more.
There are different ways to structure and coordinate life insurance in order to accomplish specific legacy goals, all the way from simple term insurance, to Whole Life, Universal Life, even to BOLI/SOLI, viatical settlements, or even family trusts and private foundations. Tune in as Mike Neumeier pays tribute to 9-11 while helping you create a financial legacy.
On this special Labor Day edition of the show, we celebrate the worker, their labor, their contributions and achievements, and what workers mean to the American economy. In celebration of all that hard work, we get one extra day off for a long weekend. Tune in as Mike Neumeier gives honor to the American worker.
Many retirees are concerned about investment risk once they retire.This risk can be addressed and managed to an extent through diversification. Essentially, diversification is simply another way of saying “don’t put all your eggs in one basket.” Diversification means a mix of different stocks, bonds, and investment funds that suit your objectives. Tune in as Mike Neumeier examines the specific goals of your income plan helping you to to be more at ease during your retirement.
Understanding how long it will be until you retire can help determine many factors in your planning such as how much you need to save, your goal for returns, and the amount of risk you should be willing to accept. Tune in as Mike Neumeier helps you create a written plan so you can achieve a successful retirement.
It is a BIG decision. There are typically far more options than we realize and a far greater impact on our planning than we understand. The decision deserves careful consideration. Tune in as Mike Neumeier guides you to a more comfortable retirement.
Understanding, defining and filling your retirement income shortfall is key to your continued enjoyment of life. The “Income Gap” is the difference in your amount of available retirement income and the amount needed to meet your budget and expenses. Tune in as Mike Neumeier helps to close the gaps in your income goals. Leaving you with more peace of mind.
What are my taxation risks? How do they effect me in retirement? Should I pay taxes now or later? Join Mike Neumeier as he takes a look at the 7 biggest financial risks most retirees will face in retirement.
You want to plan proactively but don’t know where to start. Tune in to this amazing show as Mike Neumeier helps to teach you the important steps that help you get closer to retirement.
The single biggest factor that helps an investment plan to work effectively is that it is supported by an income plan. Your paycheck is what allowed you to initiate, sustain, and grow your retirement investments. What will happen when opposite forces and demands begin being placed upon your investments, when you start pulling money from it instead of putting money into it? Tune in as Mike Neumeier answers this question and many more on this amazing show.
Fluctuations in the market are outside of anyone’s individual control but, we can control how much we expose our dollars to those market movements. Tune in as Mike Neumeier helps you make sure you have a complete plan that addresses your future financial needs and risks. Navigating retirement is not always easy but, with the right advice you will be on your way to a successful retirement in no time.
Fluctuations in the market are outside of anyone’s individual control but, we can control how much we expose our dollars to those market movements. Tune in as Mike Neumeier helps you make sure you have a complete plan that addresses your future financial needs and risks. Navigating retirement is not always easy but, with the right advice you will be on your way to a successful retirement in no time.
7 FINANCIAL MYTHS AND RETIREMENT EXPENSES: Taxes don’t stop in retirement. The IRS does not forget about you. Taxes will still be due on any growth on your money and on all withdrawals taken from your tax-deferred accounts like IRA’s & 401(k)’s. In retirement, you must factor the taxes you will owe into your income plan and understand the difference between your gross withdrawals and the net income you get to keep. Tune in to hear Mike Neumeier talk about our largest know expense in retirement, taxes.
Do you know how long you would be able to generate the income you need if your paycheck stopped today? On this week’s episode Mike Neumeier addresses different questions that you should ask yourself when planning for retirement.
The basis and foundation for financial progress is your income. You want to establish it, it needs to be dependable, you want to grow it over time, and you want to protect it. Listen as Mike Neumeier discusses the importance of income planning & insurance on this week’s episode.
MEMORIAL DAY WEEKEND & SUMMER PLANS – A chronic illness that requires Long-Term Care is perhaps the biggest event many retirees worry about facing – and paying for. For many people, this concern is a key motivator in building a large retirement nest egg. Tune in this week as Mike Neumeier celebrates one of America’s favorite holidays all while teaching you how to prepare yourself for an unexpected illness.
Annuities can be complex. Be sure you fully understand why you should consider them and what use they will be to you in your long-term financial planning. Tune in this week for an interesting show hosted by Mike Neumeier. Covering all you need to know about annuities & TSP’s.
People tend to get so caught up in accumulating money they forget to protect what they have in or near retirement. Listen as Mike Neumeier discusses taking too much risk with investments when nearing retirement.
CARING FOR MOM & FAMILY – What is the amount of money you should have in the bank or going towards savings? Why is this money important? Listen as Mike Neumeier discusses ways to protect yourself and loved ones on this week’s episode.
ARE YOU PREPARED? – Have you formulated a plan for how to use Social Security to maximize income and protect your personal assets? On this week’s episode Mike Neumeier addresses different questions that you should ask yourself when planning for retirement.
YOUR 401(K) & EMPLOYER PLAN – Don’t leave your money behind!! This is another big opportunity to take control, and there are lots of orphan and abandoned 401(k)’s. When you leave your place of employment take your money with you! Tune in to learn more as Mike Neumeier discusses what you need to know about participating in your 401(k) or the retirement plan offered through your employer.
ROTH CONVERSION OPPORTUNITIES – Even if taxes stay the same in retirement, as our account value grows over time, then the bill on the taxes grows with it. Tune in to learn more as Mike Neumeier discusses tax-deferral & it’s consequences, tax-free income, & Roth IRA’s.
LAST MINUTE TAX MOVES – From a planning perspective, another key element is in accurately predicting where you will be into the future. The success of your lifelong tax strategies lay in how accurately you can make and stick to these forecasts. On this week’s episode MIKE NEUMEIER talks strategy and some last-minute tax moves to consider that can substantially lower your bill.
DEBT, CREDIT, BUDGET & INCOME – In today’s world, your credit score means a lot, but one thing is for certain, credit must be properly managed, or it can easily work against your financial success. Listen as Mike Neumeier discusses this topic and more on this week’s episode.
TAXES (PLANNING VS FILING) – Obviously, taxes are on everyone’s mind this time of year, so it’s a good time to ask ourselves, “How well have we planned for what could happen with taxes over the next 10-15 years?”. Listen as Mike Neumeier discusses the importance of future tax planning on this week’s episode.
LUCK VS PLANNING – We do not want to leave our financial future up to chance and luck. We need to have a plan to achieve the outcome we desire. Listen as Mike Neumeier discusses luck VS planning on this week’s episode.
THE COUNTDOWN ISSUES – While the sage wisdom that “You don’t want all your eggs in one basket” is certainly true, it also does not mean that you need a bunch of duplicate accounts spread out and scattered everywhere. This is just one topic that Mike Neumeier covers on Navigating Retirement and 8 Moments To Move Your Money.
(NOT) GOING BROKE IN RETIREMENT – You must have a plan. Specifically, you must have a spending plan. It includes allocating a specific portion of assets to structuring an income. Listen as MIKE NEUMEIER discusses this topic and more on this week’s episode.
UNDERSTANDING YOUR INVESTMENT OPTIONS – Not understanding your investment options may lead to overlooking a valuable opportunity or making an uneducated mistake with your money. Listen as Mike Neumeier discusses this topic and more on this week’s episode.
PROTECTING YOUR SPOUSE – While income for life has some significant advantages, it is not without some downside and important considerations. When we elect to take a pension option, often there is a decision on whether or not to leave a survivor benefit to a spouse. Listen as Mike Neumeier discusses this topic and more on this week’s episode.
CALCULATING YOUR RETIREMENT NUMBER – Do retirees without a specific income plan understand which accounts to pull from, or in which order, to be as efficient as possible and optimize withdrawals? Listen as Mike Neumeier discusses the importance of Income Allocation on this week’s episode.
YOUR PLAN – Where can money, time, or effort be put to better use? Where are the windows of opportunity that could be missed or closed if not properly utilized? Where can our money work harder? These are just a few questions that Mike Neumeier covers on this week’s episode.
GETTING SAVINGS BACK ON TRACK – We can defer money into retirement savings before we even see our paycheck! But, how much should we be saving? On this week’s episode Mike Neumeier will be talking about making the most of your savings opportunities, including 401(K) options and opportunities.
IT’S (FINALLY) 2021! – If it so happens that 2021 is the year you plan to retire, what should you be doing to make sure that all the years forward are as comfortable as possible? Listen as Mike Neumeier discusses this topic and more on this week’s episode.
FINANCIAL RESOLUTIONS – Checking in with your advisor can be critical to determining your path forward, staying on track, and identifying strategies to improve your financial outcome. This is just one resolution that Mike Neumeier discusses in this week’s episode.
THE HOLIDAYS – Financial resolutions are some of the most common New Year’s resolutions made. What do people recognize they need to improve on? Listen as Mike Neumeier discusses the importance of meeting with a financial professional this time of year.
MARKET RISK & PROTECTION – How do you gauge risk level and risk tolerance? What should investors consider when making investment decisions? Listen as Mike Neumeier discusses issues and solutions when considering the opportunity for growth, risk, and risk exposure on this week’s episode.
PROTECTION & INSURANCE - Protection and insurance are important topics when discussing your financial plan. Listen as Mike Neumeier discusses this topic and more in this week's episode.
ROTH CONVERSION STRATEGIES – “Using extra savings”: Anytime you have “extra money" to save a Roth should be in the conversation, but especially after 50, when you have the ability to make “Catch-up contributions”. This is just one conversion strategy that Mike Neumeier will discuss in this week’s episode.
ROTH PART 1 – A conversion involves proactively reclassifying existing tax-postponed/tax-deferred dollars. In this week’s episode, Mike Neumeier will discuss the Pros & Cons associated with Roth Conversions.
TAKING RISK – Protecting a lump sum is one thing but, protecting the income you depend on is another challenge altogether and another important aspect of a comprehensive retirement plan. How do we protect (and maximize) the income we can count and depend on for retirement? Listen as Mike Neumeier discusses this topic and more on this week’s episode.
TAXES & THE RED ZONE – It is vital we understand retirement income and taxation (and how much we need a plan) BEFORE we retire or make missteps increasing the odds of running out of money or paying more in taxes than we have to. Listen as Mike Neumeier discusses Taxes & The Red Zone on this week’s episode.
10 STEPS TO PLANNING – Identifying your sources of retirement income is one of the first steps you should take when planning for retirement. In this week’s episode Mike Neumeier discusses 10 steps to take to help reach your retirement goals and why identifying your sources of income is such an important step.
MEASURING RESULTS - When faced with uncertainty, investors tend to make decisions based on their emotions and subjective experiences, not on logic or objective reality. As a result, investors can easily make the wrong decision for their individual situation. Listen as Mike Neumeier discusses this topic and more on this week’s episode.
MONEY IN MOTION - ROTH CONVERSIONS: For strategic tax planning purposes, savers and investors may consider converting tax-deferred accounts (most commonly IRA’s) to after-tax/tax-free Roth accounts (Roth IRA’s). This is just one of the 8 moments to move the money that Mike discusses in this week’s episode.
“7 FINANCIAL MYTHS” I CAN RELY ON MY INVESTMENT PLAN FOR RETIREMENT - Your paycheck is what allowed you to initiate, sustain, and grow your retirement investments. What will happen when opposite forces and demands begin being placed upon your investments when you start pulling money from it instead of putting money into it? This is just one of the “7 Financial Myths” that Mike Neumeier covers on this week’s episode.
Reasons you might go broke in retirement – You rely on a single source of income. Social Security alone probably will not be enough for you to live comfortably in retirement. Listen as Mike discusses multiple reasons you might go broke in retirement without the right plan.
What factors should I consider when deciding when to start drawing Social Security retirement benefits? This is just a question that Mike will discuss this week’s episode while addressing Social Security and retirement planning.
Longevity and Income Planning - Once our personal assets have been depleted, Social Security alone is seldom enough to support ourselves. The risk of outliving your assets cannot be prevented in the last years of retirement. Listen as Mike discusses longevity and income planning on this week’s episode.
BEING SELF INSURED - At a certain point, you may have the assets to pay for care privately. Often, however, for a small fraction of your portfolio value, you can purchase a great degree of protection for the very assets you have worked so hard to build and accumulate that provide you this sense of security and confidence. Being self-insured is just one approach to long-term care that Mike discusses on this week’s episode.
TAKING INAPPROPRIATE RISKS - Taking too much, or too little risk can impact the lasting duration of your financial wellbeing throughout retirement. This is just one of the planning mistakes Mike will discuss on this week.
The Countdown to Retirement - Are you fully prepared for retirement? – Retirement can be awfully expensive. This is one of the top reasons there is so much worry, and why running out of money is the biggest concern for retirees. How do you know if you have saved enough? How do you make it last? Listen as Mike Neumeier discusses this topic and more on this week’s episode.
The American public is increasingly less confident of their financial independence. If the way that most people were doing things really worked, why are we seeing such a lack of confidence? Listen as Mike Neumeier discusses this topic and more on this week’s episode of GamePlan For Retirement.
Dimes to dollars, life insurance presents us with a great opportunity to leverage our money and increase the positive financial legacy we leave to our family, loved ones, or charitable organizations. Listen as Mike Neumeier discusses life insurance on this week’s episode.
Understand what tax deferral means. What if there is a Roth 401(k) option available? If a Roth 401(k) is offered, should you take advantage? Listen as Mike discusses the Roth 401(K) on this week’s episode.
Obviously, a big part of retirement and a big part of the retirement planning process is Social Security. However far too little attention is paid to the fact that Social Security is both a large system and also a very, very individual decision. A good or a bad decision will stick with you for life (or even longer).
For many working and accumulating a nest egg for their retirement years, building wealth may seem like the most difficult part of retirement planning. However, an equally (more) challenging task is protecting that nest egg while simultaneously withdrawing from it during retirement. Listen as Mike discusses protecting your savings on this week’s episode.
How well did your funds perform? How much have they gained or lost? How much risk are you taking? How much are you paying in fees? Listen to Mike talk about why it is important to sit down and review your performance and evaluate your plan and progress.
There are definitely some benefits and some drawbacks to the plans that ERISA created. We can utilize them to give us a lot of forward progress and momentum but is it enough to retire with confidence. Listen as Mike discusses this topic and more on this week’s episode.
If you follow the 4% rule and are able to cover your bills, but then the market falls 50%, your bills do not fall 50% to match your asset base. Therefore, you now experience Sequence Risk and lock in gains with an even larger percentage of your portfolio.
There are many strategies that investors consider to offer protection during economic “storms”. These strategies are intended to offer some additional protection and preserve assets during down markets, and maybe keep a bit of sanity when the world seems to be on fire.
Change is constant. There are always more changes coming just around the corner. For savers and investors (particularly those saving in tax-deferred accounts) the SECURE ACT represents change and is something that you want to pay attention to.
On this program, we talk about the right uses for annuities in your retirement plan. The pros and cons of annuities and more.
Mike talks about ways retirees can plan to not run out of money in retirement. One of the ways is having an income allocation plan.
On this program, we will be addressing a cornerstone of retirement planning and a topic of huge importance, concern, and confusion: Social Security.