Dollars & Sense: Recent Episodes
Coby Cress, CFP® and Karen Reifel, CFP® - Beacon Pointe Advisors
From Beacon Pointe Advisors comes Dollars & Sense, a really great podcast about money! Join co-hosts and CERTIFIED FINANCIAL PLANNERS™, Coby Cress and Karen Reifel, who help listeners navigate various life moments and major life events... through the lens of personal finance.
Content is for informational purposes only and should not be considered as investment, legal or tax advice.
As college-bound students decide where they’ll spend their years ahead, Coby and Karen share important documents to have in place for adult children and their best tips for tapping into 529 College Savings Plans - plus some easy mistakes to avoid!
Show Notes Links:
- 529 College Look-Up
- Important Documents for College-Bound Children
Straight from the floor of our annual Advisor Summit, Beacon Pointe Wealth Advisors Coby Cress, CFP® and Karen Reifel, CFP® sit down with five industry thought leaders to dissect why 2024 is a stock picker’s paradise, the future of office buildings, equity managers trapped in a bond manager's body, and how your refrigerator can destroy your life...
Important Disclosure: This episode contains the opinions of Beacon Pointe's guests and are subject to change.
Join Beacon Pointe wealth advisors Coby Cress, CFP®, and Karen Reifel, CFP® as they share expert insights, real-life anecdotes, and some not-so-obvious benefits that a financial advisor can provide for you along your wealth journey.
Discover the hidden treasures buried within this episode – including how an advisor can help you avoid costly mistakes, provide you with peace of mind, and save you valuable time.
Inspired by the recent addition to podcast co-host Coby’s family, Karen and Coby share their best financial advice for starting a family - before and after baby! From diaper budgets to building the foundations of your family’s future, we’ve laid out some of the key financial considerations that accompany this important life decision in our newest episode.
Links:
Your Dollars, Our Sense Book: https://a.co/d/fZzybHf
'Saving for College: https://beaconpointe.com/college-savings-plans-faqs/
529 Plan FAQs: https://www.savingforcollege.com/intro-to-529s/what-is-a-529-plan
FMLA: https://www.dol.gov/general/topic/benefits-leave/fmla
Estate Plan Key Documents: https://beaconpointe.com/four-essential-estate-planning-ingredients/
Coby and Karen highlight one of the most misunderstood money concepts, breaking down the rules of gift giving. From freebee gifts the IRS ignores, when gifts need to be reported, and common gifting mistakes, all the details are wrapped up in a nice little package.
Co-hosts Coby Cress, CFP® and Karen Reifel, CFP® discuss the importance of balancing your reasonable and rational desires when it comes to decision-making. They touch on topics such as mortgage payments, social security, and portfolio risk when considering how to make decisions that fit your financial goals.
Links:
The Psychology of Money, by Morgan Housel
Markets in Motion podcast
Article
In this episode of Beacon Pointe podcast "Dollars & Sense", co-hosts Coby Cress, CFP® and Karen Reifel, CFP® shed light on the importance of this decade as it sets the stage for retirement plans, Medicare considerations, legacy planning, tax strategy, and some easily avoidable missteps along the way.
Episode Resources:
Financial Planning Through the Ages: 60 Somethings
Devin Carrol
Outlive by Peter Attia, MD
Simple Wealth, Inevitable Wealth by Nick Murray
Retirement Planning Guidebook by Wade Pfau, Ph.D.
Some advice may be good, just not good for you. 'Dollars & Sense' co-hosts Coby Cress, CFP® and Karen Reifel, CFP® highlight the importance of financial advice tailored to your personal situation and how informed decisions can help you avoid any hidden pitfalls of generic advice.
In this episode of 'Dollars & Sense', co-hosts Coby Cress, CFP® and Karen Reifel, CFP® record live from the Beacon Pointe Advisor Summit in Laguna Beach, California. They recap investment opportunities as shared by industry leaders at the annual conference, and also speak to the role passion plays in financial guidance.
Episode Links:
Learn more about our DAF:
https://youtu.be/TkqPWsbjduE
Learn more about Portfolio Diversification: https://beaconpointe.com/diversification-dont-put-all-your-eggs-in-one-basket/
The 'Advice Through the Ages' mini-series continues with must-know financial tips for 50-Somethings! Plus, hear how to begin thinking about and saving for retirement if you haven't already.
Important Disclosure: The discussions, outlook, and viewpoints featured are not intended to be investment, planning, legal or tax advice and do not consider specific investment objectives or risk tolerance you may have. The opinions expressed in this podcast are subject to change at any time without notice. All investments involve risks, including the loss of principal. Consult your financial professional for guidance specific to your circumstances.
The Secure 2.0 Act has been a hot topic these days for retirees and pre-retirees alike. Passed by Congress in late 2022, the legislation comes with some major changes in retirement planning. Hint: it’s a good thing!
Whether it’s changes in your employer’s sponsored retirement plan or how you should be saving for your children’s education, ‘Dollars & Sense’ co-hosts Coby Cress and Karen Reifel are here to help you understand the retirement plan changes headed your way.
In this episode, Coby and Karen break down key highlights of Secure 2.0 for retirees, including RMD changes, Qualified Charitable Donations, supercharged retirement savings, and college savings.
Link: The Secure 2.0 Act
The Secure 2.0 Act has been a hot topic these days for retirees and pre-retirees alike. Passed by Congress in late 2022, the legislation comes with some major changes in retirement planning. Hint: it’s a good thing!
Whether it’s changes in your employer’s sponsored retirement plan or how you should be saving for your children’s education, ‘Dollars & Sense’ co-hosts Coby Cress and Karen Reifel are here to help you understand the retirement plan changes headed your way.
In this episode, Coby and Karen break down key highlights of Secure 2.0 for pre-retirees, including mandatory retirement savings, tax-free free money, student loan matching and college savings.
Link: The Secure 2.0 Act
With a new year comes new updates in the world of finance. Tax season is right around the corner, and it is important to keep up with new tax laws.
With changes in 401k contribution limits, charitable donations, and even potential tax benefits for purchasing an electric car, co-hosts Coby Cress, CFP® and Karen Reifel, CFP® will help get you up to speed.
Show Notes:
Electrek
Keeping up with your New Year's Resolutions can be tough, but it's helpful to remember that a little goes a long way! The first episode of 'Dollars and Sense' in 2023 kicks off the new year with co-hosts Coby Cress, CFP® and Karen Reifel, CFP® discussing healthy habits and attainable goals, how your finances play into your life objectives, and share resources that have helped them achieve their personal resolutions year over year.
Show Notes:
University of Texas Admiral McRaven Speed
Thriftbooks
Atomic Habits
The 3 Alarms
Power of Habit
Continuing their miniseries 'Advice Through the Ages,' co-hosts Coby Cress, CFP® and Karen Reifel, CFP® share their wisdom for those in their 40’s who are looking to successfully establish financial goals, ramp up retirement savings, and avoid common money missteps in what is many people’s most profitable decade.
Podcast co-hosts Coby Cress, CFP® and Karen Reifel, CFP® interview Beacon Pointe Vice President of Insurance Services, Scott Plamondon, CLU®, ChFC® on the topic of Long-Term Care ("LTC"). Scott shares the benefits of early enrollment and which plans are best for different age groups, the pros and cons of LTC, and various ways to incorporate Long-Term Care into your financial plan.
Show Notes:
- Scott Plamondon (splamondon@beaconpointe.com)
Following close on the heels of Beacon Pointe’s ‘Foundations of Finance’ financial literacy workshop dedicated to educating, engaging and empowering our next generation investors, the latest episode of ‘Dollars & Sense’ marks the launch of a new miniseries – ‘Advice Through the Ages.'
Kicking off the series, co-hosts Coby Cress and Karen Reifel share their wisdom for those in their 20’s & 30’s who are looking to successfully save, invest and avoid money missteps.
Show Notes:
- Your Dollars, Our Sense Book
- WSJ: Guide to Understanding Money & Investing Book
- Total Money Makeover
Co-hosts Coby Cress and Karen Reifel are joined by Beacon Pointe CEO and Co-founder Shannon Eusey. An insightful deep dive into Shannon's favorite reads, what she's learned over the years as a woman (and mother of 4) in wealth management, and how Beacon Pointe came to be.
Show Notes:
- GRIT- The Power of Passion & Perseverance
- A Man in Full
- Fast, Eat, Repeat
- Lead & Disrupt
- Mauve Gloves & Madmen, Clutter & Vine
- Women’s Advisory Institute (WAI)
Co-host Coby Cress sits down with Lindsey Larrabee, a consultant focused on financial psychology and behavioral sciences. In this episode, we explore the four money personality types, discover how unconscious money beliefs can shape our financial health, and generate awareness of our own limitations around personal money matters.
Show Notes:
- Your Money Script
In a special Veterans Day tribute, co-host Coby Cress sits down with Beacon Pointe co-Founder and Vietnam Veteran Garth Flint. Garth flew F-4 fighter jets for the U.S. Navy while assigned to several carriers, including the U.S.S. Coral Sea. In 1967, right after Christmas, his recon plane was shot down over Haiphong in the Gulf of Tonkin by a North Vietnamese AAA anti-aircraft gun. In this episode, Garth shares his story, providing insight into what life as a civilian and investment consultant has looked like since that fateful day, and more.
The story of a child cancer survivor, the birth of a 501(c)(3), charitable gifting strategies, and the tax benefits of doing some good.
Show Notes:
- When Breath Becomes Air by Paul Kalanithi
- The Emperor of All Maladies by Siddhartha Mukherjee
- Children's Cancer Network
Get the scoop on credit card rewards- what they are, how they work, and how to win!
Show Notes:
- Thinking Fast & Slow
- When Breath Becomes Air
Introducing bonus episodes where co-hosts Coby Cress and Karen Reifel decode commonly used and often misunderstood terms. Short, sweet and sense-ible.
In this special episode, Coby sits down with health insurance consultant Matthew Gardener to discuss the ins and outs of health insurance and Medicare.
Show Notes:
- 'Bridging the Gap' to Medicare & Medicare Basics (Live Video)
- Matthew Gardener
Which is better - trading or investing? Co-hosts Coby Cress and Karen Reifel discuss the different approaches and why the discussion is trending today.
Show Notes:
- The Upstarts by Brad Stone
How and why interest rates matter to stock and bond investors. A Q&A style format with Beacon Pointe’s Chief Investment Officer, Michael Dow.
Show Notes:
Glossary of Terms
Markets in Motion
What should you ask when vetting a potential financial advisor? Co-hosts Karen Reifel and Coby Cress discuss which 10 questions will give you the insight you need before hiring an advisor to find your perfect fit.
Show Notes:
- 10 Questions You Should Ask Your Financial Advisor
- The Top Ten Financial Certifications
What is inflation and why does it matter? How does it affect your finances? How do you protect yourself against it? This episode covers anything and everything to do with inflation – a topic most people don’t normally care to dive into but should (hint: it impacts you more than you realize). Join co-hosts Coby Cress and Karen Reifel as they tackle this timely topic.
- The Economic Machine (Ray Dalio)
- Nick Murray
2020 felt like the longest and shortest year ever. There was much hardship but also a lot to learn from as we begin 2021. Co-hosts Coby Cress and Karen Reifel spend this episode reflecting on the financial rollercoaster of 2020 and how you can transform lessons-learned to be financially savvy as we step into a new year.
Show Notes:
- Beacon Pointe Advisors YouTube Channel
Road trip!In tune with the many, many Americans taking to the open road for stateside exploration due to pandemic travel restrictions, this episode covers the latest trend, buying an RV. Co-hosts Coby Cress and Karen Reifel share their best practices for large purchases as it relates to your current and future financial situation.
Show Notes:
- Deep Work by Cal Newport
- Outdoorsy
Co-hosts Coby Cress and Karen Reifel discuss everyone’s favorite topic… taxes. What are they, why do we pay them, how can we decrease our taxes? Believe it or not, this episode is not boring. Tune in for easy ways to give you peace of mind next time tax season rolls around.
Show Notes:
- Honey
Welcome to Dollars and Sense!With interest rates as low as they are, Beacon Pointe wealth advisors Coby Cress and Karen Reifel discuss elements of consideration when contemplating a mortgage refinance. They also share what is on their money mind, some lessons learned and have several laughs as they kick off the first episode of Dollars and Sense!