Path To Wealth & Wisdom: Recent Episodes
Steve Davis
Weekly financial and retirement planning guidance with Steve Davis and Sean Tole of Davis Wealth Management in Concord, NH. They’ll walk you through the important things you need to know about retirement, the key questions you should ask, and the steps to take to have a prosperous financial future. Questions for the team? Call 603-715-2335. Or visit https://www.daviswealthmgmt.com/ online. We hope you enjoy the Path To Wealth & Wisdom!
In this episode, Sean discusses Roth Planning and why it can be an important part of a long-term retirement strategy. He explains how the SECURE Act of 2019 changed the way IRAs are passed from one generation to the next, covers Roth IRA contribution limits and employer contributions, and explores how thoughtful Roth planning can help maximize retirement savings while creating greater flexibility for the future.
In this episode, Sean discusses pre-retirement considerations and the conversations everyone should have before making the transition into retirement. He explores how to determine if you're financially ready, what kind of lifestyle you want to enjoy in retirement, and how much you may need saved. Sean also explains how pensions, Social Security benefits, and catch-up contributions can play an important role in creating a well-rounded retirement plan.
In this episode, Sean discusses what a financial advisor really does and whether professional guidance is worth the investment. He covers the benefits of partnering with a fiduciary and explains how professional guidance can help with retirement planning, tax strategies, investment management, inherited assets, and organizing multiple retirement accounts into a cohesive financial plan.
In this episode, Sean discusses what a retirement drawdown strategy is and why having a plan for withdrawing your savings is just as important as building them. He explains how much you may be able to withdraw, which accounts to draw from first, and how strategies like annual withdrawal planning and the bucket strategy can help create reliable retirement income while supporting your long-term financial goals.
Sean discusses the different types of retirement plans available, from employer-sponsored options like 401(k)s to Individual Retirement Accounts (IRAs), and explains how each can play a role in building long-term financial security. He also shares practical strategies for saving within these accounts, helping listeners understand how to maximize tax advantages, employer matching opportunities, and consistent contributions to create a stronger retirement plan.
Sean discusses the importance of starting retirement contributions early and saving consistently over time. He highlights how compound interest, tax advantages, Roth accounts, and employer matching can help grow retirement savings while reducing the pressure to catch up later.
In this episode, Peter and Sean discuss how women approach finances and manage risk in retirement. They explore the unique challenges women may face, including longevity and care-giving roles, and why it's essential for women to be actively involved in financial planning. Tune in to learn how thoughtful retirement strategies can lead to greater financial security and confidence.
Sean and Peter dive into the question of how much cash you should have in retirement and the role it plays in your overall financial security. They talk through the benefits of keeping 3–6 months of living expenses set aside and when you might need more. They also explore smart places to keep your cash, like high-yield savings accounts or CDs, versus keeping it at home.
This week, Peter and Sean break down the components of a solid estate plan—wills, trusts, powers of attorney, and more—and explain how each part plays a role in protecting your assets. They discuss why creating an estate plan is one of the most important steps you can take for your loved ones. You'll also learn when to start planning and how a fiduciary can help keep everything aligned with your goals.
This week, Peter and Deb talk all things Medicare Open Enrollment, happening now through December 7th. They discuss why it’s important to review your current plan and what to consider when making changes. Listen in as they explain the different parts of Medicare, how each one functions, what the potential costs are, and how they work together to create the right coverage for your needs.
This week, Sean and Peter explore the key benefits of working with a financial advisor. They discuss how advisors provide valuable education, help remove emotions from financial decisions, and manage risk more effectively. Plus, they explain how a fiduciary is legally obligated to act in your best interest when it comes to investments.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
In this episode, Sean Tole shares the most important questions to ask your advisor, ways to find out if they are the right advisor for you, and the benefit of working with a fiduciary. So you can make confident, informed decisions about your financial future. Not all financial advisors are created equal—and the right questions can help you find someone who truly fits your needs.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
In this episode, Sean explores the unique challenges and strengths women bring to financial planning and retirement preparation. He discusses why women often have a natural advantage in patience and long-term perspective, the importance of couples planning together, and the financial realities of longer lifespans, fewer pensions, and rising healthcare costs. Sean also touches on Social Security strategies and how women can gain confidence and control over their financial future.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Listen in as Sean breaks down the often-overlooked concept of sequence of returns risk and its impact on retirement planning. He explains why the timing of market gains and losses can dramatically affect your savings, withdrawal strategies, and long-term financial security. The conversation also covers ways to protect your nest egg, including diversification, annuities, and debt reduction.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Join us as Sean breaks down everything you need to know about Roth IRAs and how they can help you maximize your retirement savings. You’ll learn the differences between traditional and Roth IRAs, the tax advantages of Roth accounts, and important rules around Roth conversions and inherited accounts. Sean also explains the impact of required minimum distributions, income limits, and why Roth IRAs are becoming increasingly popular in today’s unpredictable financial landscape.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
In this episode, Sean and Peter dive into the challenges of market volatility and the emotional rollercoaster investors face in today’s unpredictable financial world. From understanding risk profiles and creating strategic portfolios to navigating retirement planning and preserving wealth during market swings, Sean shares practical advice on how to stay disciplined, avoid knee-jerk reactions, and protect your nest egg. He also explores tools like annuities for principal-protected growth and the importance of long-term planning amid uncertain economic conditions.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
This episode, Sean and Peter dive into the importance of working with a fiduciary financial advisor- professionals legally obligated to put your interests first. Along the way, they touch on the challenges younger generations face with saving and homeownership, and how understanding compounding interest can transform your financial future. Learn how fiduciaries operate, the different fee structures to expect, and why having an advisor who truly prioritizes your goals can make all the difference in planning for retirement.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Losing a parent is emotionally devastating, and navigating the financial aftermath can add even more stress. In this episode, Sean and Peter discuss the critical steps families must take after a parent's passing. From probate and trusts to inheritance planning and estate taxes, they explore how proper preparation can ease the burden during an already difficult time.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
This week, Sean and Peter discuss the future of Social Security and what retirees need to know. From market volatility to legislative gridlock, they explore how current economic conditions and political decisions impact retirement planning. Whether you're close to retiring or just starting to think about it, this conversation sheds light on timing your Social Security benefits, managing risk, and preparing for the long haul.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Many would consider $1.5 million enough to retire on in 2025. But is it really enough? A new study shows how long Social Security and a $1.5 million nest egg would last in 50 states... let's see where New Hampshire falls on the list.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
In this episode, Sean explores why Roth accounts may be one of the most powerful tools in retirement planning today. He explains the pros and cons of Roth conversions, how RMDs work, and why legislative risk is something to watch. You’ll also learn why paying taxes now could save you- and your heirs- later.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Despite economic uncertainty, there are reasons to be optimistic about retirement savings. In this episode, Sean Tole of Davis Wealth Management and Peter St. James discuss encouraging trends, including a 40% increase in retirement savings over the past decade.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Should you invest now or wait for the "perfect" moment? Many people hesitate when markets are high, fearing a downturn—but is that the right approach? In this episode, Sean Tole of Davis Wealth Management explains why trying to time the market is a losing game and how strategies like dollar-cost averaging can help you build long-term wealth.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
With millions of Americans approaching retirement, financial headlines claim that $2 million is "chump change" for a comfortable future. But is that really true? In this episode, Sean Tole of Davis Wealth Management breaks down the real factors that determine how much you need to retire—your lifestyle, expenses, and financial strategy.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Life insurance is often seen as a way to leave money behind for loved ones, but the reality is that some types of life insurance can benefit you while you're still alive. These policies can offer financial protection, provide income options, and even support your retirement goals. Tune into this episode as we explore the different types of life insurance, who should consider them, and how they can play a key role in your long-term financial strategy.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
How much emergency savings do you really need in retirement? Sean is here to break it all down! In this episode, we’ll discuss the ideal emergency fund size, what counts as a true emergency, and strategies for replenishing your savings when unexpected expenses arise. Tune in to make sure you’re financially prepared for whatever comes your way!
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
In this episode, we're talking about the impact of sequence risk on retirement savings. Sean will explain how the timing of market gains and losses can affect the longevity of your portfolio, especially during the critical years before and after retirement. Then, he shares some strategies for managing this risk.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
More and more people are wanting to retire younger. But before you pull the trigger, it's important that you have a plan in place! In today's episode, we're talking about all things pre-retirement planning. From the big questions- like whether you’re really ready for the cost of health insurance and how much Social Security will actually cover- to the smaller stuff (like how often you’ll want to go out to dinner), Sean and Peter cover it all. They also dig into some crucial topics like long-term care, taxes, and how things like HSAs and Roth accounts can help keep your finances on track.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
While most of us desire a long life, the financial challenges that come with it can be overwhelming. With lifespans extending and factors like market volatility, inflation, and increasing healthcare costs looming over our retirement savings, it's important to be prepared. Today, we’ll share key insights on how to effectively plan for a longer retirement.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Planning for retirement when you're middle aged can present its' own set of potential pitfalls. You're now in a position where you're much closer to retirement and can't afford to make too many mistakes. Sean will discuss some ways you may be able to maximize your savings and why you need to be more cautious in this stage.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Open enrollment for Medicare is right around the corner, so we invite Deb Cmar on this epiosde. Deb serves as the Director of Client Services and Licensed Insurance Specialist at Davis Wealth Management. She will be discussing some Medicare basics and important considerations you should keep in mind when choosing a plan.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
When going into retirement, you want to be proactive as opposed to reactive. Sean will talk about different ways you can get ahead of potential retirement issues, so you can be proactive in your planning.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Financial literacy is important to have in order for you to make informed decisions when it comes to your money. Sean will be discussing some basic investment vehicles and the pros and cons to each of them.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Many couples wonder if it is the right decision for them to retire at the same time. Sean will discuss this question today and give some reasons on why this may, or may not work depending on each individual situation.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
There are a lot of misconceptions when it comes to retirement expenses. Many people believe their expenses will go down when they retire, but this is not always true. Sean will discuss what he sees many people budget for in retirement and why you need to plan for this beforehand.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Communication can solve a lot of problems before they happen and retirement planning is no different. Sean will discuss why couples need to communicate with each other when putting together a retirement plan and some of the important areas they should address.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
If you are looking to retire in the near future, there are many aspects you have to plan for. Sean will go over some of the risks current retirees face in today's landscape and discuss how you may be able to plan for some of them.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Taxes pose a risk to any great retirement plan. Failing to plan for this component can throw a plan entirely off course. Sean will discuss some strategies you may be able to use in order to plan around this risk.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Emotional investing can cause a lot of problems in your retirement plan. Reacting to the news of the day, or the current stock market performance is not a sound strategy. Sean will discuss why it's important to separate out your emotions when investing and instead, plan for the long term.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
The Roth IRA could be a great tool to use in your retirement plan to help you with tax diversification. Sean will be talking about what the Roth is and why this may be something you should consider for your own plan.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Required Minimum Distributions (RMDs) have undergone some changes in the past few years. Sean will discuss what an RMD is and what the new rules are on today's show.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
The financial landscape is full of terms and this can lead to a lot of confusion when someone is looking for a financial advisor to work with. Sean will be discussing what a fiduciary is and why you may want to work with an advisor that has this title.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Market timing risk is something that we should be aware of when planning for retirement, but many plans fail to consider this risk. Sean will be talking about what market timing risk is and how it can negatively impact you if not planned for properly.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Life insurance is typically a tool used to replace income, so that the family will still be able to pay their bills in the event of a tragedy. But could you use this tool in your retirement plan as well? Sean will discuss why some people consider life insurance as a way to pass down wealth and some of the advantages when doing this.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
There are different levels of care that financial advisors can provide to their clients. Sean will be discussing what a fiduciary is on today's show and why people may want to go with this level of care when looking for an advisor.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
A smart retirement plan has the potential to carry you through retirement with confidence. Sean will be discussing some of the strategies he uses when putting together a retirement plan for clients and the important topics they discuss throughout this process.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Sequence of returns risk is something that many people fail to plan for when heading into retirement. This risk can have great impacts on your retirement and needs to be addressed when planning. Sean will discuss what exactly this risk is and how he has witnessed this risk impact people over his career.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Medicare is a complex topic that many people feel confused by. To help clear up some confusion, we invite Deb Cmar on this epiosde. Deb serves as the Director of Client Services and Licensed Insurance Specialist at Davis Wealth Management. She will be discussing some Medicare basics and some important details that can be easily missed.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Retirement planning is crucial in order to set yourself up for success once you quit your job. It's important to start planning for this as early as you can, so that you are not just guessing that you will have enough money in retirement. Sean will discuss some ways you can start planning early and the impact this can have on your financial future.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Future taxes are a big concern when planning for retirement right now. Government spending isn't slowing down, so many financial professionals believe that tax rates will have to increase in the future, which is why it's good to plan for it now. Sean will be discussing what a Roth IRA is and how it might help you when it comes to tax planning.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
For many people, social security makes up a large portion of their retirement income. It can be overwhelming to know when you should take it because of all the possible strategies you could utilize. On this epiosde, Sean will discuss different social security strategies and why you may want to turn to a professional before making this big decision.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Retirement is a big change for many individuals and you want to make sure you have a plan for this transition. If you go into retirement without a set plan, you may make a lot of mistakes that could have been avoided. Sean will discuss what he looks at when putting together a retirement plan and the importance of planning ahead of time.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Market timing can be a dangerous game to play. When we make investment decisions based off our emotions, the result is almost never good. We will be discussing why you shouldn't market time and the potential loss you can experience when doing this.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Taxes can have a huge impact on your overall retirement, whether you plan for them, or not. The sooner you plan, the better off your retirement will be. Sean discusses some strategies you may want to consider and why this is such an important subject to discuss.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Staying calm when the market is volatile can be difficult to manage. Many times, people will want to make an emotional decision with their money and it's often a bad choice for their retirement plan. Sean will discuss how constructing a well thought out portfolio can help you keep your cool during these market downturns.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
There is a lot of information about annuities out there. It can be difficult to know what is true about them when there are so many different opinions on them. Sean will be discussing some annuity basics and why you may use one in your plan.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
A lot of concern goes into trying to pick the proper investments, build a balanced portfolio, and getting the highest return. But how much time have you really put into finding the right advisor to work together with on all these tasks and more? Sean will discuss the questions you should ask your financial advisor and the different areas a comprehensive retirement plan should focus on.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Taxes can be a huge potential pain point for your retirement. It's better to start proactively putting together a tax strategy now rather than push it off to the future. Sean will discuss the 3 types of taxation when it comes to retirement accounts and why you should have tax diversification in your plan.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
It's crucial to start preparing for retirement as early as you can. On today's show, Sean will discuss 4 pre-retirement tips to get you on track to building a solid retirement plan.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
When putting together a retirement plan, you want to be sure the final product is comprehensive and forward thinking. Steve and Sean will discuss what makes up the framework of a smart retirement plan is on today's show.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
When you go into retirement, it's important to understand the different costs that will come up. Most people do not understand how much they are truly paying in fees, taxes, and expenses related to their retirement planning and products. Steve and Sean will discuss why you should have a good understanding of how much you are spending in these categories in order to make an educated decision.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
After being discussed in Congress for nearly a year and a half, the SECURE Act 2.0 has been passed. Let’s see what we need to know.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
Market volatility became the norm in 2022 and this made a lot of people worry about their retirement plan. Steve and Sean will discuss some strategies you may be able to implement to minimize market volatility in down markets.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
With a lot of different economic issues still happening while we are entering the new year, many people are wondering if it's going to be as turbulent as 2022. Steve and Sean will talk about some possible trouble we might see this year and how to be proactive about these issues.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
On this episode, we will be talking about a new piece of legislation that got passed called the SECURE Act 2.0. Sean will be discussing the major changes this bill brings and how it might impact your retirement.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
With the new year starting, we look back on how 2022 went for the economy and how it will impact 2023.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
On today's episode, Steve and Sean will be talking about the main 3 phases of retirement and what to expect in each phase.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
We are living a lot longer as a society now and while this is overall a great thing, this presents a few risks when it comes to retirement. Steve and Sean will be discussing how longevity risk can cause other financial risks to go up and how to plan around this.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
Long term investing is a key component when planning for retirement. You need to let your money grow over time without getting too emotional during short term downturns. Steve and Sean will be discussing what they identify as long term investing and how to make smart decisions during volatile times.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
We have a bit of a different podcast for you today. Steve and Sean take a step back and let Deb Cmar take over this episode. Deb serves as the Director of Client Services and Licensed Insurance Specialist at Davis Wealth Management. She will be discussing some Medicare basics you should know and some important details that can be overlooked.
Visit Deb Cmar's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: deb@daviswealthmgmt.com
The retirement world has changed a lot in the past few decades. Pensions used to be more widely available, but now the responsibility falls more to the individual to make sure they are set for retirement. Steve and Sean will talk about some of the key differences with today's retirement and how to proactively plan for it.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
The market has been seeing quite a bit of volatility lately. Many people feel fear and do not know what they should be doing in their financial plan. Steve and Sean will be talking about some of the hidden opportunities when the market is down and it's important to get a plan together that can withstand downturns like these.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
Interest rates have been going up, but what does this actually mean for the average investor? Steve and Sean will discuss some of the impacts rising interest rates can cause and the effects it can have on your retirement.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
We have witnessed a surge in credit card debt recently. Prices keep going up and many are having to utilize their credit card a bit more in order to pay for their expenses. Sean will discuss why he likes to get his clients out of credit card debt when planning for retirement.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Annuities can be a polarizing subject for many people. It's one of the more misunderstood financial tools available, so we hope to clear up some misconceptions on today's show. Sean will discuss what an annuity is, the different types that are out there, and why this vehicle has received such a bad rap in the past.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
The retirement landscape now is much more different than it was several decades ago. Pensions are not as common and saving for retirement mainly falls on the individual. This can present some challenges, but also some opportunities that we will discuss on today's show.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Retirement is not a finish line that you cross and be over and done with. There are actually a few phases to retirement that you must plan out. Steve and Sean will discuss these phases of retirement and what all they entail.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Inflation has been steadily going up and now we are really feeling the effects of it with our everyday purchases. It's important for us to plan for inflation in our retirement, so we are not surprised when goods and services go up. Steve and Sean will talk about our current inflation status and some strategies you may want to consider to combat this risk.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
The current economic landscape has many retirees and pre-retirees worried about the longevity of their money. However, there are strategies you can utilize in order to combat some of these challenges so you can retire with peace of mind. Sean will discuss some of the issues in today's environment and what you can do about them.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Life insurance can be a tough topic to tackle because it deals with our own mortality. However, this tool can be useful in retirement and can make a big difference for many people. Sean will discuss some of the ways you may be able to utilize life insurance in your retirement plan.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
There are many different risks associated with retirement planning, but one of the biggest ones is sequence risk. This risk may affect the amount of money you have for your retirement if you do not plan properly. Sean will discuss what exactly this risk is and how harmful it can really be on your retirement.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
If you are considering joining the Great Resignation crowd, there are a few things you need to think about before you quit your job. Sean will discuss various job benefits you could lose and some strategies for saving money.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
We have been feeling the effects of inflation over the past year and this topic of conversation is quickly becoming a top concern. Steve and Sean talk about some of the factors that have contributed to the rise of inflation and how this could impact your retirement plan.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
Droves of workers are retiring early or taking a break from work as they change career paths. It’s become known as The Great Resignation. On this episode, we’ll highlight some of the reasons why people are leaving the workforce and explore a lot of the impacts this is having on retirement planning.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
Many investors today are selecting investments in part based on Environmental, Social, and Governance (ESG) criteria. This allows investors to choose companies that align with their values in these three big areas. While it's nice to be socially conscious, is this a useful strategy for your retirement plan? Steve and Sean give us the rundown on ESG investing and how they utilize this tool when working with clients.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
We have witnessed some interesting trends in the job market over the course of this last year. Many people are quitting their jobs for better pay, or to just take a break from working altogether. Whatever the reason is, there are many considerations you should make before making this big jump. Steve and Sean will discuss why a bigger salary is not always better and the importance of taking the emotion out of this big decision.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
Congress passed the SECURE Act back at the end of 2019 with some notable changes. However, this piece of legislation did not get much press before the pandemic struck. Steve and Sean discuss some of the key takeaways from this bill and how this might impact your retirement in the future.
Visit Steve Davis & Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
E-mail: steve@daviswealthmgmt.com
Life Insurance can be used as a versatile tool in your retirement plan. It does require proper planning ahead of time in order to utilize some of these different strategies. Sean will discuss these strategies and when it might be a good idea to incorporate them into your plan.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Social Security is one of the most complex retirement planning topics. There are multiple ways to file, everyone will receive a different amount, and there is a lot of misinformation out there. Making a mistake can be very costly, which is why Sean will address a few social security considerations on the podcast today.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Tax planning is one of the most crucial parts of putting together a wholistic retirement plan. Taxes may enhance, or destroy a retirement depending on how you plan for them. Sean talks all about some tax efficient strategies and ways you may be able to utilize them on today's show.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
Taxes are an issue that are top of mind for many people right now. We have witnessed the government spend trillions of dollars in order to provide aid during the pandemic and it feels inevitable that taxes will only go up. Sean will discuss why using a Roth IRA might be more advantageous right now and how it compares to a traditional IRA.
Visit Sean Tole's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: sean@daviswealthmgmt.com
When you start looking for someone to help you handle your finances, you’ll often see that many financial professionals refer to themself as a “financial advisor.” Over the years, it has become a common title to see and it can be difficult to recognize the differences between each professional that uses this umbrella term. If you find an advisor who is able to call themselves a "fiduciary," this is a great start. They have legal obligations to uphold their clients best interest and we will explain what exactly a fiduciary is on today's show.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There are some people that tend to procrastinate on getting tasks done in life. It could be something small like mowing the lawn, or cooking dinner. However, your retirement plan is something that you should get together immediately and not wait to get a plan together. Today we talk about the importance starting to save for retirement as early as you can and how having a solid plan can give you peace of mind.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There is a lot of buzz in the media about annuities. Some claim that annuities are the greatest investment for your money and others claim that they are terrible. We break down the ins and outs of annuities today and give our opinions on how you can properly use one.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It seems that most people don’t have a clear picture of whether they should contribute to a traditional IRA, or a Roth.Let’s discuss how to determine which one is best for you.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Ironically, life insurance is a young man’s game. The perception among many people is that your need for life insurance dramatically decreases and perhaps becomes completely unnecessary as you age. Is that really the case? On this episode, let’s explore some ins and outs of life insurance and its various uses.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Building up your personal wealth while trying to pay off debt can be difficult to balance. Some people want to throw every extra dollar at their debt balance to pay it off faster, while others want to try to put money away and pay off their debt at the same time. We discuss some different strategies when it comes to paying off debt and why you need to have an emergency fund.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There are many scams out there that try to get you to send money, or sensitive information. The majority of these scams try and target elderly citizens. Steve and Sean discuss some of the scams they have seen first-hand and proactive steps you can take to protect yourself.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
April is national financial literacy month and in honor of that, we discuss some practical lessons you can teach your children early on about money that will help them throughout the rest of their lives.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Inflation can eat away at your retirement portfolio without you even realizing it. The goods and services we buy, continue to increase in price as the years go on and we need to take this into consideration. Steve and Sean talk about how to potentially hedge against inflation and how they have seen inflation affect portfolios in their practice.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Knowing your risk tolerance is a crucial part to your retirement plan. If you take too much risk, you could potentially lose money that you need to pay for your basic needs. But if you don't take enough risk, you may not be able to beat inflation. There's a happy medium for everyone's situation and Steve and Sean discuss some considerations to help you figure yours out.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There are many opinions and misconceptions when it comes to Social Security. Some people claim they have found the "best claiming strategy" for everyone's situation, but the reality is that there is no silver bullet when it comes to Social Security. The guys discuss some popular myths about Social Security and some factors to consider before you do start claiming it.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Today we invite Deb Cmar to the podcast. She serves as the Director of Client Services and Licensed Insurance Specialist at Davis Wealth Management. Sean and Deb discuss the basics of Medicare and clear up some common misunderstandings of this program.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Healthcare costs continue to rise as time goes on and it can destroy a retirement plan if you do not factor in the potential costs. Steve and Sean discuss why healthcare costs are so misunderstood and how they proactively plan for these expenses.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Taxes are at historically low rates right now and with the national debt rising, it almost seems inevitable that taxes will have to go up in the future. However, there are certain measures you can take so that taxes won't eat away at your retirement. We discuss how to proactively plan for taxes on today's show and why this is an overlooked component of retirement planning.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Living a long time isn’t supposed to be a bad thing and it almost seems counterintuitive to categorize it as a risk. But it is. Let’s take a look at how longevity plays a role in a financial plan and have an honest conversation about how deal with the “problem” of living too long.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Many people do not understand the threat that withdrawal rate risk can pose on their retirement. There is the old age 4 percent rule, where you take 4 percent out of your portfolio every year, but things in the financial landscape have drastically changed since that rule was created. We talk on today's show about how easily you can run out of money if you do not account for this risk and methods to possibly avoid this risk in your retirement.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
When going into retirement, there are a myriad of risks to avoid, but today we want to focus on sequential risk. If you retire during a down market, your portfolio could suffer greatly if you have not accounted for this type of risk. Steve and Sean explain how to avoid this risk and the damage it can do if you are no prepared.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
A lot of retirement planning concepts go back to fundamental ideas of investing. Buy low sell high, and investing for the long term are common discussion points on the show, but it cannot be overstated how important these concepts are to a retirement plan. Steve and Sean discuss the definition of long term investing and getting rid of emotions out of your financial decisions so you do not become a day trader.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
We talk all the time about getting a retirement plan and sticking to it, but what pillars make up a retirement plan? Steve and Sean discuss the main considerations and problem areas when creating a retirement plan for their clients on today's show.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
One critical component that often gets overlooked when preparing for retirement is inflation. Many people are aware that the prices of goods and services go up over time, but don't realize how much it financially impacts them until they retire. Steve and Sean talk about what inflation is, what contributes to it, and how they address it when putting together a plan for a client.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
When making important decisions in our financial life, it can be difficult to pull our emotions completely out of it because many people have strong feelings tied to their money. Steve Davis will talk to us today about making logical, financial decisions and sticking to the plan that you have established.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Do you know the differences between Roth and Traditional IRAs? Do you know which one might be better to contribute to now to give you the biggest benefit in retirement? Listen to this episode to learn the ins and outs of these investment vehicles and how making the right choice when it comes to your contributions could save you thousands of dollars in retirement.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Buzzwords are a big part of the financial landscape and for the average investor, it can be difficult to navigate this language and understand what is really being said. Steve and Sean break down some commonly used terms in the financial world, discuss what they mean, and why they are important in regards to your retirement portfolio.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There's no doubt that the market has been volatile lately and may continue to be unsteady as the market starts to factor in the effect the pandemic has had on small to mid size businesses. One way to help protect your portfolio is by making sure you are diversified. Steve and Sean define what exactly diversification is and how you may be able to use it to your advantage.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
With so much uncertainty this year and more still to come, the market is going to experience a lot of volatility. Steve and Sean guide you through navigating the highs and lows of the market, and how to protect your money as you head towards retirement.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Life insurance can often be overlooked when you are putting together a retirement plan. That's why Steve and Sean are here to explain some of the lesser known life insurance benefits.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
To wrap up our early retirement series, we focus on taxes and retirement income today. Steve and Sean talk about some tax planning you should consider doing right now and the different ways you can receive income to fund your retirement.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It's easy to make emotional decisions with our money as we have stated many times on the show before. Advertising companies have developed really effective techniques to try and get you to spend your money emotionally on what they have to offer. Steve talks to us today on how to take control of what you spend in order to live the lifestyle that you want in retirement.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
This is the second installment on our early retirement series. Most people do not like the idea of living on a budget. That word makes them feel restricted, but it is important to know what you are spending every month even if you do not have strict spending rules. On today's episode, Steve and Sean discuss why making an expense sheet and keeping track of your spending habits is imperative to being able to retire early.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
COVID-19 has caused many workers to be laid-off and forced into early retirement. We've also seen people that want to retire early by choice because of how drastically their work environment has shifted over the past few months. This is our first installment of a 5 part series on early retirement. Today, Steve and Sean talk about planning and preparing a plan so that early retirement is possible.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There's quite a few places to slip up when applying for and choosing Medicare plans. Not to mention that the consequences for some of those errors can affect you for the rest of your life. Deb Cmar joins us this week to fill you in on the critical details you need to know about Medicare.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Last week we covered the basics of IRA rollovers, what they are, who may benefit from them. On this podcast, Steve and Sean dive into more technical details of this investment and how the SECURE Act has changed a few things in this landscape.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It's not uncommon to have worked for multiple companies by the time you start approaching retirement, however, many people don't know what to do with whatever employer-sponsored plan that they had at these previous jobs. Steve and Sean talk about why you should consider a rollover as well as a examples of how this can potentially benefit you.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Many financial issues impact us all the same. But, of course, other challenges have varying impacts from person to person because our situations are all unique. Let’s take a look at some of the financial and retirement challenges that are unique to women.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
We have all heard the saying "don't put all your eggs in one basket." This saying holds true with retirement planning as well. Steve Davis will discuss how a proper retirement portfolio utilizes diversification and why including this in your plan is crucial.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Life insurance is an aspect of retirement planning you need to take into consideration at a younger age, which can seem counterintuitive. But it can be a critical aspect to a retirement plan and needs some careful deliberation to see what plan can fit you. Steve and Sean will discuss how life insurance can be used and why it is something that should not be overlooked.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
We have to accept that the United States is currently in a lot of debt and it may shoot up even further if another stimulus bill gets passed. Right now, we are in a historic low tax environment, but it may not stay that way for long because of our increasing debt as a nation. Steve and Sean talk about some tax-efficient planning that may help you avoid paying a huge tax bill in the future.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Over the years the term "financial advisor" has taken different meanings and it can be difficult to know who to trust. Luckily, a fiduciary must look out for the best interest of their clients. Steve and Sean will give us some guidelines on how to choose a fiduciary and address some of the misconceptions around this topic.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Steve Davis is away for this week's show, so Sean Tole will be the one to help us discuss the financial topic today. It has been a few months since the government passed the CARES Act, but are we seeing it affect the economy yet? We also discuss if this piece of legislation was the right move to make to help people that have been impacted by COVID-19.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Sean Tole joins Steve Davis to talk about how to handle volatility in the market. People can feel fearful when the market starts to dip, but having a well-structured plan can help alleviate some of these fears. We discuss the importance of long term investing instead of trying to time the market.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
The earlier you save for retirement, the better off you will be. We've heard that saying many times, but some people still procrastinate when it comes to saving for retirement. Today Steve Davis will talk about the power of compounding interest and why it is so vital to save as soon as you're able to.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
We have a special guest on this week's show, Sean Tole. Sean is a National Social Security Advisor and has more than 25 years of experience in investment and retirement planning. Today Steve and Sean talk about some of the biggest misconceptions of Social Security and the importance of working it into your retirement plan.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Retirement is not just about making ends meet without a paycheck. Many people want to go out and do things that they did not have time for in their working years. Steve Davis will talk about a couple strategies that he has used to help his clients meet their discretionary spending goals.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It's no secret that the financial world is filled with a lot of jargon and specialized terms that can get confusing. So on this week's show, Steve Davis will take a step back and break down some of the fundamentals of investing.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There are a lot of different strategies for reducing and eliminating debt, some of which are riskier than others. Let's take a look at your options, and talk about which ones might suit you the best, as well as some common pitfalls to avoid.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Since this pandemic hit, the government has spent a large amount of money in order to help alleviate the sudden loss of a paycheck many American citizens have felt. While this has been helpful, it is not without a cost. Taxes are at a historically low rate, but with all of this government spending, many people believe that they will have to go up in the future. Steve Davis talks on today's show on why a Roth IRA might be worth looking into.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Today we go over an article published by The Washington Post that talks about the "new rules" for retirement. But can these rules actually be deemed as new? Or have they always been good rules to follow when building a financial plan? Steve Davis gives us his thoughts on this article and also discusses the effects of inflation towards the end of the conversation.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
When choosing a financial advisor to handle your life savings, you want to make sure they are a perfect fit. You want them to keep your best interest in mind and some are required to do so. However, there are others that do not have that legal obligation and and only want to sell you specfic financial products. Today Steve Davis discusses what a fiduciary is and why you may want to consider one when looking for a financial advisor.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It can be easy to feel emotional with your money when you see the market dropping and your nest egg decreasing. We have to remember the simple investing mantra, "buy low, sell high." Steve Davis will discuss about the importance of long term investing and not giving into fear when we see the market go down.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
We have talked about emotionally investing here on the show before, but this is a key thing to keep in mind while we go through these uncertain times. Many people tend to have a knee jerk reaction of wanting to sell their investments when they see the market take such a drastic downturn. Steve Davis will explain why you should keep your calm during tough times and not emotionally invest.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
With all of the ups and downs we have recently seen in the market, there has never been a better time to put a retirement plan in place. Steve Davis will explain how a retirement plan will help alleviate some of the inevitable downturns and how it may help you feel more comfortable in tough times.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
We had previously talked about liquidity risk back in February, but with the recent downturn in the market, we revisit this idea again. Steve drives home the idea of why liquidity risk should play a big role in your financial life and how it can be of use when the markets are down.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
The Coronavirus (COVID-19) is having a dramatic impact on our daily lives and many people are taking a huge financial hit from lost wages, a volatile stock market, and general economic uncertainty. Steve Davis will analyze it all on today's show as we break down the situation and give you some important things to think about when it comes to your financial plan.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Many people wish they had more diversification in their 401(k) and one way to achieve this is to rollover a portion of it to an IRA. Today we go over the common rules of this strategy and look at some situations that would be appropriate to incorporate a rollover.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Last week we began talking about the different types of risks. We continue that conversation today talking about what inflation and market risk are and how to plan for them effectively.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Are you familiar with sequential and liquidity risk? Many people are not familiar with these terms, but these risks can heavily impact your financial plan. Steve Davis will explain what each of these terms mean and strategies that could potentially minimize the impact of these risks in your portfolio.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Risk tolerance is something that should be incorporated into any sound financial plan. This will help you sustain the volatility in the market, or it may even put you investments that have nothing to do with the market. Steve Davis explains how crucial it is to get your risk tolerance figured out and why long term investing is the best way to go.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Death is never an easy topic to talk about, especially when it involves your parents, but it is a pertinent conversation you need to have with them in order to get everything in place. Steve Davis will guide us through the steps he recommends to take before they pass away and also the first few things to consider after they pass away.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Parenting is one of the most important jobs that you will ever do. Not only are you responsible for instilling values and morals in your children, but you also have to teach them how to survive in the real world. But how do you go about introducing money to them when they are younger? On today's show we will be discussing how you might be able to teach them this vital concept early on.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
After it simmered in Congress for a year, the SECURE Act is now law. If you have a retirement account of any kind, or will one day inherit a retirement account, this will affect you. Steve Davis will hit the main points of this new bill and how it will change retirement planning.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There is no doubt that procrastination is in our human nature. Many people will push off tasks that need to be done until the very last minute, but this is not a trait that you want to carry in your financial life. Today's show covers how to try and avoid procrastination in our finances and how we may be able to get a jump start on saving for retirement.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Emotions are prevalent in our everyday lives, so it is not surprising that some people will invest their money emotionally. Steve Davis will discuss why we should try to avoid emotional investing and why we should keep the course of a plan.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It is crucial to know what you want out of retirement in order to put together a plan that will work. Steve Davis will discuss what factors that may considered when structuring a retirement plan and why it is important to have a solid plan in place.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It is important to have an income plan mapped out for your retirement. This plan should fill any gaps that may be present, but what how do we achieve this? Steve Davis will discuss how you might be able to attain this with the use of various investment vehicles.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It's no secret that the earlier you plan for retirement, the better off you will be. Today we talk about millennials and the factors they will need to consider when planning for retirement.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There is a lot of confusion surrounding Medicare and Medicaid. Steve Davis will help clear up any confusion and break down how these two programs work and what to look out for in each one.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Many people choose to plan their retirement with a financial advisor. Today's show breaks down why you want to choose a fiduciary financial advisor and the benefits of working with this type of advisor.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
The stock market is a constant cycle of ups and downs. It is important to be aware of this and be disciplined enough to stay during the worst downturns if you are a long term investor. Today's show focuses on the importance of long term investing and the possible benefits you can reap if you can stomach the market.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
It can be difficult to find the correct balance between storing money in your savings and paying down any debt that you may have. Steve Davis offers a few suggestions that might help you to be able to strategically place money into both of these accounts while living within your means.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
The stock market is as volatile as ever lately. Let's hear from Steve Davis about what sequential risk is, and how that volatility can impact it.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Studies have shown that on average, women have longer lives than men. This aspect alone causes the need for a much different retirement plan. Steve discusses a few strategies women could implement in their plan for an income stream that is sustainable through many years of retirement.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
Inflation and risk are two terms that are brought up frequently in the financial world, but do you understand why they are so important to take into consideration when building your portfolio? Let's break these two terms down today, so you understand how they may be affecting you.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
There's a lot of information and difference of opinion out there about annuities. Steve Davis helps break it all down, so that you can figure out if an annuity is a good fit for your retirement plan or not.
Visit Steve Davis's website: http://www.daviswealthmgmt.com/
Phone number: (603) 715-2335
E-mail: Steve@daviswealthmgmt.com
After checking in about the latest going-ons in the economy and the stock market, we'll turn our attention to the fact that September is Life Insurance Awareness Month. Let's make sure that you have all the information you need about the ins and outs of life insurance.
Long term care can sap a surprising amount of your retirement dollars. Let's make sure that you're properly planning for the possibility that you will need long term care in your later years.
Do you know how to handle your finances if there's a crash in the stock market? What about your children - how much will you be financially supporting them in retirement? Are you going to be able to afford long-term care when you need it? Questions like these need to be answered in a well-crafted retirement plan. Steve Davis can help.
As the SECURE Act makes its way through Congress, let's give an update on what that bill is looking like and how it could affect your retirement.
It can be tempting to put off the work that's needed to properly plan for your retirement. After all, you've got plenty of time to figure it out, right? Steve will explain all the benefits of getting your finances figured out right away for retirement.
When choosing someone to handle your finances, there are a handful of qualities you should expect, as well as a few red flags you should be on the lookout for. Steve will give us some insider tips on how to choose the right advisor for you.
Steve comments on The SECURE Act, a recent bill that is making its way through Congress. How will this new law potentially affect your IRAs and your RMDs?
Steve just wrapped up a seminar where he taught people about all the nuances of social security that the average person doesn't consider. Let's review some important things to keep in mind about social security as you plan for retirement. We'll also dive into how to properly make financial decisions during the grieving process.
To the average layperson, investing lingo can be confusing and overwhelming. Steve will help break down some common terms and ideas in the financial world so you can understand what to do with your money as you invest for retirement.
A recent Fidelity study found that a majority of women do not feel comfortable making financial decisions on their own. Let's explore why, and see how we can give women more confidence when it comes to planning for retirement.
Depending on who you talk to, annuities are either the greatest thing since sliced bread or they're the scourge of humanity. Why is there so much confusion about this particular financial topic? Steve Davis will help answer that question on today's show, give you the 411 on how annuities work and give examples of they are and are not appropriate to include in a financial plan.
Welcome to a new podcast that will help you plan for your financial future and retirement. It's Your Healthy Retirement with Steve Davis of Davis Wealth Management, serving you throughout New Hampshire. Each week, Steve will bring you common sense planning guidance and advice to help you stay on the right track to get to and through retirement. Listen to this quick episode for a preview of what's to come. Episode 1 is coming soon. Meanwhile, learn more about Steve Davis here: http://www.daviswealthmgmt.com/