Stop Worrying You're Retired: Recent Episodes
George Fossing
Over 22 years ago, George Fossing’s passion for creating financial solutions for clients began. He founded NorthStar Financial & Retirement Planning to focus on educating people about their investment and retirement planning options, and ultimately help his clients achieve the retirement they’ve worked so hard for.
This episode discusses the financial mistakes made by NFL players after retirement, highlighting the importance of money management. It shares stories of players who lost millions due to bad investments and poor financial planning. The conversation also touches on the current stock market and the potential for a market correction before the election. The hosts emphasize the need for proper financial planning and the role of advisors in helping individuals navigate retirement.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
George and Zach discuss their recent travel experiences and then transition into a discussion about retirement planning. They talk about the importance of finding the right financial advisor and the potential reasons for changing advisors. They also emphasize the need for a comprehensive approach to retirement planning and the importance of avoiding market volatility.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
The conversation with George Fossing and Travis Smith from Northstar Financial and Retirement Planning discusses the recent swings on Wall Street and provides advice on how to navigate market volatility. They emphasize the importance of not panicking and taking a long-term perspective. They also discuss the three-bucket approach to retirement planning, which includes a safe money bucket, a growth bucket, and an income bucket. The conversation highlights the need for guaranteed lifetime income and the importance of having a plan in place to ensure a worry-free retirement.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
The conversation discusses the recent activity on Wall Street and the importance of planning for market downturns during retirement. It emphasizes the need to address sequence of returns and the role of money as a tool. The hosts share examples of clients who made different investment decisions during market volatility and highlight the significance of having a plan to avoid outliving one's money. They encourage listeners to assess their retirement readiness and consider making adjustments to their portfolios.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
This episode discusses the financial mistakes made by NFL players after retirement, highlighting the importance of money management. It shares stories of players who lost millions due to bad investments and poor financial planning. The conversation also touches on the current stock market and the potential for a market correction before the election. The hosts emphasize the need for proper financial planning and the role of advisors in helping individuals navigate retirement.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
George and Zach discuss their recent travel experiences and then transition into a discussion about retirement planning. They talk about the importance of finding the right financial advisor and the potential reasons for changing advisors. They also emphasize the need for a comprehensive approach to retirement planning and the importance of avoiding market volatility.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
In this conversation, George Fossing and Zach Jenkins discuss the fear of a recession and the importance of having a plan for retirement. They debunk the idea that cash is a bad investment and highlight the benefits of having alternative investment options. They emphasize the need to give your money a job and create a well-designed plan that takes into account market volatility. They also discuss the importance of tax planning and how it can help retirees optimize their income and reduce taxes.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
The conversation covers a range of topics including travel, investment forums, government spending, tax planning, retirement planning, and financial efficiency. It delves into the impact of government spending on taxes, the importance of tax planning, and the significance of efficient financial strategies for retirement. George and Zach also emphasize the role of investment forums in providing clarity and insight into economic predictions and government policies.
Ready to connect with George and Zach to begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
Retirement is no longer about sitting in an easy chair and feeding the birds. People are now enjoying their retirement years and may be in retirement for a long time without a job. It is important to have a plan for managing finances in retirement. One common mistake is having too much risk in a retirement portfolio, so it's crucial to have a balanced portfolio that can withstand market downturns. Preservation of lifestyle is key in retirement, and it is important to have a clear understanding of one's financial situation and goals.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
The conversation discusses the topic of managing retirement savings in a volatile market. It emphasizes the need to consider the true value of 401k accounts and the potential risks of market downturns. The importance of diversifying investments and creating a purpose-driven retirement plan is highlighted. The conversation also touches on the changes and considerations for Social Security benefits in 2024.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
George Fossing and Travis Smith discuss tax planning for the future and the importance of mitigating tax liabilities. They highlight the potential impact of required minimum distributions (RMDs) on retirement accounts and the misconception that retirees will always be in a lower tax bracket. They emphasize the need for tax efficiency strategies, such as Roth conversions and charitable donations, to minimize tax burdens. The conversation also touches on the value of tax planning for business owners and individuals preparing to exit their businesses.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
Retirement is no longer about sitting in an easy chair and feeding the birds. People are now enjoying their retirement years and may be in retirement for a long time without a job. It is important to have a plan for managing finances in retirement. One common mistake is having too much risk in a retirement portfolio, so it's crucial to have a balanced portfolio that can withstand market downturns. Preservation of lifestyle is key in retirement, and it is important to have a clear understanding of one's financial situation and goals.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
When is the right time to retire? Zach Jenkins and Travis Smith discuss the recent retirement of Alabama Head Football Coach Nick Saban and how coming to the decision to call it a career may be easier than you think. They also talk about comedian Ron White and his tax plan that may have caused him to go back to work.
Ready to connect with George and Zach to begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
The conversation covers a range of topics including travel, investment forums, government spending, tax planning, retirement planning, and financial efficiency. It delves into the impact of government spending on taxes, the importance of tax planning, and the significance of efficient financial strategies for retirement. George and Zach also emphasize the role of investment forums in providing clarity and insight into economic predictions and government policies.
Ready to connect with George and Zach to begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
In this conversation, George Fossing and Zach Jenkins discuss the fear of a recession and the importance of having a plan for retirement. They debunk the idea that cash is a bad investment and highlight the benefits of having alternative investment options. They emphasize the need to give your money a job and create a well-designed plan that takes into account market volatility. They also discuss the importance of tax planning and how it can help retirees optimize their income and reduce taxes.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
Retirement is no longer about sitting in an easy chair and feeding the birds. People are now enjoying their retirement years and may be in retirement for a long time without a job. It is important to have a plan for managing finances in retirement. One common mistake is having too much risk in a retirement portfolio, so it's crucial to have a balanced portfolio that can withstand market downturns. Preservation of lifestyle is key in retirement, and it is important to have a clear understanding of one's financial situation and goals.
Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today!
See omnystudio.com/listener for privacy information.
Multiple large companies have announced future layoffs and some fear it could be the beginning of a recession. George Fossing and Zach Jenkins discuss the possibility of retiring during a recession. They also talk about their new program called: Her Compass. A retirement guide for women.
See omnystudio.com/listener for privacy information.
How does a Presidential Election affect your retirement? George Fossing and Zach Jenkins take a look back at history to discuss elections and the stock market. They also talk about continuing to work in retirement and tax consequences.
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How will your taxes change in retirement? Zach Jenkins and Travis Smith discuss the myth of lower taxes in retirement and how you can begin positioning yourself today for success in the future. They also talk about which direction the Fed will take interest rates this year and what that means for your savings.
See omnystudio.com/listener for privacy information.
When is the right time to retire? Zach Jenkins and Travis Smith discuss the recent retirement of Alabama Head Football Coach Nick Saban and how coming to the decision to call it a a career may be easier than you think. They also talk about comedian Ron White and his tax plan that may have caused him to go back to work.
See omnystudio.com/listener for privacy information.
What alternative options do you have to the stock market when you decide to retire? George Fossing and Zach Jenkins discuss what is available to your and your portfolio, as well as how to utilize them in a customized plan to fulfill your retirement goals.
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Are interest rates creating more risk in retirement plans? George Fossing and Zach Jenkins discuss which direction interest rates could head and 2024 and how they could effect your retirement plan. They also talk about the possibility of more bank collapses in the future and the new tax brackets for the year.
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Which direction is the market heading in 2024 and how will it affect your retirement plan? George Fossing and Zach Jenkins discuss what the talking heads are forecasting. They also talk about the downsides to having a target date fund.
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Are taxes going up in 2024? George Fossing and Zach Jenkins discuss which direction taxes are heading next year. They also talk about how much money you need to feel rich and if that's the same amount you need to retire or not.
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At what age should you start retirement planning? George Fossing and Zach Jenkins discuss the best time in life to begin making a retirement plan. They also talk about possible interest rate hikes in the future and are social security recipients hurting from a government mistake?
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When is the best time to buy stock in retirement? George Fossing and Zach Jenkins discuss the best way to utilize the market when you are no longer chasing gains. They also talk about the investment options you have and how to utilize them in your portfolio.
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How will taxes affect your retirement income? George Fossing and Travis Smith discuss the future of taxes and what you can be doing now to prepare yourself. They also talk about the difference between a 401(K) and an IRA. Do you know which one is best for you?
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Are emotions delaying your retirement? George Fossing and Zach Jenkins discuss the difference between a financial and an emotional delay in retirement. They also talk about the fees that might be eating up your 401(K) and if a reduction in social security is in the near future.
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When should you review your portfolio before retirement? George Fossing and Zach Jenkins discuss when is the right time for a financial checkup. They also talk about high interest cash investments and if they will disappear soon, as well as the biggest mistakes they see in 401(K) plans.
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Should you payoff your mortgage before you retire? George Fossing and Zach Jenkins weigh-in on why getting rid of your house payment might not be the best idea right now. They also discuss the current state of Wall Street and if you should proceed with caution.
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Which retirement rules are no longer relevant? Zach Jenkins discusses what you should be doing today to make sure your portfolio is up to date. He also talks about how much of your account are you losing to inflation and what is the best way to preserve your retirement goals.
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Is maxing out your 401(k) overrated? George Fossing ans Zach Jenkins discuss how much money you should be putting into your retirement account and what might be outdated. They also talk about inflation and if we will continue to see it rise.
While George Fossing is out this week, Zach Jenkin's welcomes members of the Northstar team to the show. They discuss all aspects of retirement, what you need to know today, and how they are able to work together all under one roof to help create a successful financial future.
Will social security still be around when you retire? Zach Jenkins discusses the possible future of the government program. Wade Cupcheck joins the show to talk about how to create a legacy plan for your family's financial future.
Which tax bracket will you be in when you retire? George Fossing and Zach Jenkins discuss the taxes you will face in your financial future and what you should be doing now to lighten the load. They also discuss tools you should be utilizing to relieve financial stress.
Which is better: an IRA or a 401(k)? George Fossing and Zach Jenkins discusses how to utilize different accounts to set yourself up on the best path for retirement. They also discuss when you should start removing money from your portfolio and how to take the first step towards a spending plan in retirement.
What makes the Carolina's one of the best places to retire? George Fossing and Zach Jenkins breakdown the top states retirees are moving to and what financial plans you should update when going to a new state. They also discuss the best time to get a portfolio checkup and the advantages of working with a team of financial professionals.
Will you be able to retire on your own terms? George Fossing and Zach Jenkins discuss the steps you should make now as you plan towards your financial future. They also talk about changing your investment strategy after you leave the workforce and the importance of having a diverse portfolio.
How will you take income in retirement? George Fossing and Zach Jenkins discuss how you will pay yourself in retirement. They also discuss how much of your money actually goes to taxes and the 3 stages you will go through when your working days are done.
Do you have a plan for you and your spouse in retirement? George Fossing and Zach Jenkins discuss the biggest concerns they hear from couples when planning their financial future and the speedbumps they may face. They also talk about the possibility of changes coming to social security.
Is there something in your retirement account that could send it up in flames? George Fossing and Zach Jenkins discuss the importance of having your accounts reviewed. They discuss why more and more Americans are becoming pessimistic about the economy, if you should payoff your mortgage before retirement, and an NFL Quarterback shares tips on how to save.
Do past retirement rules still apply today? George Fossing and Zach Jenkins discuss how this is no longer your grandparents retirement and changes you need to keep an eye out for. They also discuss tax freedom day and the importance of long term care planning with Mary Ellyse Fendig.
Should you buckle up for another market pullback? George Fossing and Zach Jenkins are joined by Northstar Financials’ Chief Investment Officer Jim Pritchard to discuss which direction the market is heading in Q2 and if you should be in bonds or not.
Can over analyzing your retirement portfolio create paralysis? George Fossing and Zach Jenkins discuss how overthinking your plan can affect the results. They also talk about the possibility of Social Security getting cut, finding what is hindering your savings, and an NBA Hall of Famer discuss gambling.
Should you follow your gut or the numbers when creating a retirement plan? George Fossing and Zach Jenkins discuss why you need a plan when checks stop coming in in retirement. They also talk about how far ahead your should start planning to accomplish bucket list travels and the most common questions they hear in a first meeting.
Are you able to continue riding the market roller coaster when you’re heading into retirement? George Fossing and Zach Jenkins discuss the talking heads take on an upcoming pullback in the stock market and tell you why today is the day to start creating a retirement plan. They also discuss the crazy things Americans say they would do to have a tax free future.
Is your money safe? George Fossing and Zach Jenkins discuss what caused the SVB collapse. They also talk about identifying risk in your portfolio, when should you take social security, and are we in a recession right now?
Major league baseball is making rule changes this upcoming season, but what retirement rule changes do you need to know? George Fossinga and Zach Jenkins discuss strategies you can create for your retirement plan. they also talk about tuning out the noise of the stock market and how can you benefit from downside protection?
What direction is inflation heading? George Fossing and Zach Jenkins discuss the biggest fears in retirement, compressing fees, and how often adults let their minds wander.
Can artificial intelligence replace a financial advisor? George Fossing and Zach Jenkins discuss what AI is missing in a retirement plan. the steps you should take to protect your portfolio from a recession, and Slyvestor Stallone shares how he plans to stay active in his later years.
What are the signs that we're already in a recession? George Fossing and Zach Jenkins discuss what the talking heads are saying and what you should be looking for. They also talk about the financial tools that have become more available with technology and Tom Brady announcing his retirement.
Will there be a rate cut this year and what does that mean for your portfolio? George Fossing and Zach Jenkins discuss the importance of a tax plan with the changes of the Secure act 2.0. They also breakdown the 5 questions you should be asking your financial advisor and how much things will cost in 30 years from now.
How long will interest rates continue to rise? George Fossing and Zach Jenkins discuss what you should do if you aren't feeling confident in the market. They also talk about tips from Warren Buffett and if you should convert your 401(k) to a Roth IRA.
Should you be optimistic about the stock market in 2023? George Fossing and Zach Jenkins discuss this and their 5-step guide to retirement. They also talk about a TikTok influencer who tried to live off a very little budget and give advice about inheriting a large sum of money.
How much money should you be risking in the market in the new year? George Fossing and Zach Jenkins balancing your financial concerns as you head towards retirement, mistakes to avoid in a recession, and a former NBA champion's advice on finding your passion when your working days are over.
Zach Jenkins and Mery Ellyse Fendig discuss the difference between legacy planning and having a will or an estate. They also talk about financial fears and what you can do now to prepare yourself for 2023!
George Fossing and Zach Jenkins discuss putting guardrails on your retirement to cut risk. They also talk about the Christmas Price Index hitting a record high and Kentucky boy who wanted an Xbox.
George Fossing and Zach Jenkins discuss putting guardrails on your retirement to cut risk. They also talk about the Christmas Price Index hitting a record high and Kentucky boy who wanted an Xbox.
What are indicators of inflation and how can you protect your portfolio? George Fossing and Zach Jenkins discuss the options you have and the best ways to be more efficient with your time while meeting with a financial advisor.
With rising inflation, what changes should you be making in your retirement plan? George Fossing and Zach Jenkins discuss creating insurance around your investments and how layoffs in the tech sector could create a trend.
George Fossing and Zach Jenkins discuss the current state of the stock market and how to find your pain threshold. They also talk about preventing further loss and how retirement has changed over the years.
Zach Jenkins and Travis Smith discuss the possibility of having to delay your retirement due to the current status of the market. They also talk about being forced to move so you can lower your tax rate and how an annuity can fit into your portfolio.
George Fossing sits down with multi-platinum musician Jason Aldean! They discuss the journey of his career in the music industry and the importance of surrounding yourself with a good team to be successful. Jason also talks about the transition from being a performer, to becoming a businessperson.
George Fossing sits down with multi-platinum musician Jason Aldean! They discuss the journey of his career in the music industry and the importance of surrounding yourself with a good team to be successful. Jason also talks about the transition from being a performer, to becoming a businessperson.
Can you retire in a recession? George Fossing and Zach Jenkins discuss how long it will take for the market to come back, what to do when you cross the retirement threshold, and the items you should bring to a first meeting with a financial advisor!
Can you retire in a recession? George Fossing and Zach Jenkins discuss how long it will take for the market to come back, what to do when you cross the retirement threshold, and the items you should bring to a first meeting with a financial advisor!
George Fossing and Zach Jenkins discuss the biggest losers in the market right now. They also talk about nearing the bottom of the market, what a first meeting with an advisor is like, and creating a plan to retire now.
Zach Jenkins discusses the importance of protecting yourself from higher taxes. He also talks about creating a plan to avoid worrying about running out of money and investing like a woman!
George Fossing and Zach Jenkins discuss the steps you can make right now to create downside protection in your portfolio. They also discuss the transition into becoming an empty nester and how to make a meeting with your financial advisor worth your while.
On this week's show, George Fossing welcomes on NorthStar Financials’ CPA Travis Smith and long term care planner Mary Ellyse Fendig. They discuss the current state of the economy, a woman's roll in retirement, and how a local city got named one of the best places in the world to spend fall.
George Fossing and Zach Jenkins discuss the current state of inflation and if we've hit the bottom of the market. They also talk about having a plan "B" for when life changes occur and the when you should start making retirement moves.
George Fossing and Zach Jenkins discuss safe options you have for your money. They also discuss potential financial scams and investments that may not be what the seem on the surface.
George Fossing and Zach Jenkins discuss how retirement has changed since your parents time. They also talk about finding your risk tolerance in the market and winning the lottery in life.
George Fossing and Zach Jenkins discuss what you should do with your portfolio as you head into retirement. They also talk about the importance of creating an income plan and a cruise that will last half a year, so what are your plans for the future?
George Fossing and Zach Jenkins discuss how retirement has changed. They also talk about how likely a recession is and how to know if your portfolio is protected.
George Fossing welcomes on Northstar's Chief Investment Officer Jim Pritchard. They discuss having confidence in the current market and where you should be putting your money right now.
George Fossing discusses your tax liability and how it can affect your state of mind in retirement. He also talks about maximizing your 401(k) and the biggest expenses you'll face in retirement.
George Fossing and Zach Jenkins discuss how to figure out if an annuity is right for you. They also talk about the first question you should ask an advisor and Vice President Mike Pence's take on the future of social security in America.
George Fossing and Zach Jenkins discuss how you know if you have enough money to retire. They also talk about the risks of putting all your money in one investment and financial advise for your kids.
George Fossing and Zach Jenkins discuss interest rates and inflation. They also talk about if you should have gold in your portfolio, creating inflation protection, and if you should have a target date fund or not.
George Fossing and Zach Jenkins discuss the current state of the market at what the future may look like. They also talk about using money as a tool and the benefits of creating a financial bucket strategy.
George Fossing and Zach Jenkins discuss the process of creating a retirement goal. They also talk about the possibility of a recession and benefits from having a real person as your advisor instead of a robot.
George Fossing and Zach Jenkins discuss contractions in the market. They also talk about the role inflation is playing on your retirement and concerns you should have.
George Fossing and Zack Jenkins discuss how inflation can affect your retirement from a tax standpoint. They also talk about risks you might be taking and what is shrinkflation?
George Fossing and Zach Jenkins discuss what concerns you should have about your paycheck. They also talk about how much of your retirement is truly yours and ways you can take control of your 401 (k).
George Fossing and Zach Jenkins discuss actions you can take now to protect the retirement you've built. They also talk about shifting your attitude in retirement and why it's important to keep your eyes wide open when it comes to your portfolio.
George Fossing and Zach Jenkins discuss why raising the interest rate could benefit you. They also talk about how many years of retirement you should plan for and Tom Brady's return to the gridiron.
George Fossing and Zach Jenkins discuss why you shouldn't be playing the guessing game with your accounts. They also talk about what plans have changed that may affect your taxes.
George Fossing is joined by fellow Northstar team member and Long-Term Care Specialist Mary Ellyse Fendig. They discuss why long-term care planning is so important and options you may not know you have when it comes to advanced retirement planning.
George Fossing and Zach Jenkins discuss how rising inflation could change your standard of living. They also talk about the different options you have when it comes to your portfolio, as well as the reason you may continue to see prices rise.
Chief Investment Officer Jim Pritchard discusses what we are looking at in the market in 2022. He also talk about what can affect the direction of the market, as well as having an exit strategy.
George Fossing and Zach Jenkins discuss making moves with rising inflation. They also talk about the importance of stress testing your portfolio and if you can save money on taxes in retirement.
George Fossing and Zach Jenkins discuss how much volatility you should have in your retirement account. They also talk about market concerns, the process of building a financial plan, and tax changes in 2022.
George Fossing and Zach Jenkins discuss what the market might look like at the end of the year. They also talk about the benefits of a 401(k) review and if you should postpone your retirement due to the pandemic.
George Fossing and Zach Jenkins discuss the recent decision by NFL wide receiver Antonio Brown to walk off the job. They also talk about creating plans to keep up with inflations, as well as making a financial resolution for the new year.
George Fossing and Zach Jenkins discuss creating a financial resolution for the new year. They also talk about not missing the boat on tax planning and why you should or should not retire in 2022.
George Fossing and Zach Jenkins talk about how you should look at your portfolio as if it were your home. They also discuss reliving financial stress during the holiday season, the market and your daily life, and what to do with your 401k.
George Fossing and Zach Jenkins address one of the biggest concerns for retirees - volatility in their investments. Find out what steps they take to find the right fit for their clients on this week's podcast.
George Fossing and Zach Jenkins discuss how you can reduce the tax burden in your legacy plan. They also talk about if you will need to change your habits when you retire and if you will be able to keep up with inflation.
George Fossing and Zach Jenkins discuss how much you should be invested in bonds. They also talk about the financial rules of thumb and how much risk you are taking.
George Fossing and Zach Jenkins discuss one of the hottest topics as we approach the end of the year - tax planning. Find out some of the options that could potentially set you up for a more tax efficient 2022 and beyond!
Community Liaison at Comfort Keepers of Greenville Fallon Hogan joins George Fossing not being afraid to ask for help. They also talk about creating your legacy and medical expenses you may face.
George Fossing is joined by a pair of guests in studio this week. Attorney Wade Cupcheck talk's about the importance of legacy planning. Also, Northstar's very own Dow Barton, discusses Medicare open enrollment season.
George Fossing welcomes Jim Pritchard, Chief Investment Officer of Northstar Financial and Retirement Planning, into the studio to discuss what the fourth quarter will look like. Plus, removing your emotions from investing and some of the monkey wrenches that have been thrown into the economy recently.
George Fossing and Zach Jenkins talk about finding ways to put their clients at ease in a time of uncertainty. Plus, Bill Murray's favorite piece of financial advice.
George Fossing and Zach Jenkins discuss potential changes coming to the tax code and how they will specifically effect retirees and their families.
George Fossing and Zach Jenkins discuss how tax planning for the future could reduce your tax burden in retirement. Plus, what is driving the market and what to do with old 401(k) accounts.
George Fossing and Zach Jenkins discuss a story about pensions being delayed for government employees in Baltimore and what it might mean for others that are counting on a pension. Plus, is a correction in the market coming? And things to consider when claiming your Social Security benefit.
George Fossing and Zach Jenkins discuss how they help their clients build a steady income in their retirement years. Plus, what indicators are signaling a market correction?
George Fossing and Zach Jenkins welcome Tory Aggeler, Broker Manager and Senior Precious Metals Advisor, to the show this week to discuss an investment category that a lot of people are curious about - precious metals. Find out what to know, what to avoid, and what options are available when it comes to gold, silver and other precious metals.
George Fossing and Zach Jenkins welcome Jim Pritchard, the Chief Investment Strategist for Northstar Financial, to the show to discuss activity in the markets and what he expects in the rest of 2021.
George Fossing and Zach Jenkins discuss how hidden fees in your retirement accounts can add up quickly. Also, the most common questions George's clients are asking him about preparing for retirement.
George Fossing and Zach Jenkins react to a volatile week in the stock market. With the unpredictable nature of the stock market, are you prepared for a sudden downturn? Plus, strategies for surviving inflation.
George Fossing and Zach Jenkins talk about how you can give your money a purpose by making it work for you. Plus, why people from California are moving to the Carolinas.
George Fossing and Zach Jenkins discuss some of the unexpected expenses that are commonly overlooked when people are planning their retirement years. Plus, some surprising numbers about how much you could receive over time if you make the right choices in claiming your Social Security benefit.
George Fossing and Zach Jenkins discuss some of the strategies they use to help their clients save on their tax bill in retirement. Plus, how much will it take to make you "financially happy?"
George welcomes his friend and neighbor Miles Merwin of Advisors Insurance Agency to discuss common blind spots in most peoples policies. He also shares a story about how $500 helped a friend avoid a $750K expense.
George Fossing and Zach Jenkins talk about developing sustainable income for your retirement years. Plus, what can we learn from Duke University's Coach K as he announces his coming retirement?
Northstar Financial's Chief Investment Officer, Jim Pritchard, joins George Fossing in studio this week to discuss his experiences over 40 years in the financial industry, including market strategies, financial bubbles, and how to avoid mistakes as you near retirement.
George Fossing and Zach Jenkins discuss the factors to consider when being offered a buyout, which is happening more often across the country. Plus, the highest searched financial questions from Google in 2020.
George Fossing has a great discussion with Mary Ellyse Fendig, the Regional Sales Director for Senior Living Communities. They explore the benefits and possibilities for seniors and how Mary Ellyse helps people find the right place to call home in their later years.
George Fossing and Zach Jenkins discuss one of the most critical pieces to a successful retirement strategy - Social Security Benefits. Learn what common mistakes to avoid on this week's episode!
Chief Investment Officer for Northstar Financial, Jim Pritchard, joins George Fossing and Zach Jenkins to discuss market trends and the outlook for the rest of 2021.
George Fossing and Zach Jenkins discuss how to give yourself a pay raise in retirement. Plus, the power of proper tax planning.
George Fossing and Zach Jenkins discuss how the pandemic has forced millions of people into an early retirement. Don't get caught scrambling if this happens to you. Plus, what can we learn from investing mistakes of the past.
George Fossing and Zach Jenkins react to a report that estate taxes could be going up across the board. What steps can you take to minimize your tax burden in retirement and in your estate?
George Fossing and Zach Jenkins break down the implications of the current national deficit. There is an opportunity now to take advantage of current tax rates before they eventually go up. Plus, how to make sure your foundation is solid before building the fun parts of your retirement plan.
George Fossing and Zach Jenkins discuss having target date funds in your portfolio, as well as why it's important to not play musical chairs with your financial future. Also, many people dream of paying off their mortgage before retirement, but is that always the best idea?
George Fossing and Zach Jenkins react to recent news that Warren Buffet made an investment mistake that cost his company $11 Billion. Obviously, Warren can afford to make mistakes, but how can the rest of us avoid costly mistakes as we approach our retirement years?
George Fossing and Zach Jenkins are joined by Jim Pritchard, Chief Investment Officer of Northstar Financial, to discuss current market trends, the potential of a drawback, and how to avoid excess risk in your portfolio. Plus, how well do you understand the current tax code?
George Fossing and Zach Jenkins describe current market conditions and what it might look like if we experience a large pullback. Plus, what factors to consider when claiming your Social Security benefits.
George Fossing and Zach Jenkins discuss the silent partner in your retirement accounts - Uncle Sam. Do you know how to take advantage of current tax rates to minimize your tax burden in retirement? Plus, are we getting closer to a correction in the stock market?
George Fossing and Zach Jenkins discuss the most important question they ask people when they come into the office - What is your definition of retirement? Plus, they address the challenges of walking away from a career and Social Security maximization strategies.
George Fossing and Zach Jenkins discuss President Biden's tax plans combined with ongoing stimulus relief. Is that going to send us into a recession? Plus, a discussion on the recent headlines about Robin Hood.
George Fossing and Zach Jenkins discuss the difference between "retirement advisors" and "financial advisors" and what it means for the people they work with. Plus, they share a story about a listener who was surprised to find out how much they were paying in fees in their portfolio.
George Fossing and Zach Jenkins discuss how to maintain your standard of living by using the right tools for retirement. Learn how to eliminate stress from your financial life on this week's episode.
What's going to happen with taxes in 2021? George Fossing describes how you can find out what's in your blind spot in your retirement plan.
George Fossing and Zach Jenkins discuss how to prepare for the probability of big tax changes coming in the near future. Plus, what you can do to be ready if you are unexpectedly laid off.
George Fossing shares a story about running a race with his son to illustrate how it feels to cross the finish line and begin retirement.
George Fossing and Zach Jenkins discuss how to manage your money during a down market and crossing items off your bucket list in retirement. Plus, what George and Zach are thankful for this year at Christmas.
George Fossing explains how to maximize your Social Security benefits. Plus, a fun story about how the Stop Worrying, You're Retired Radio Show got its name.
How do you envision your retirement? Do you have multiple sources of income? George Fossing discusses how you can make your money work for you as you approach your retirement years.
Why wait until the New Year to get your finances in order? George and Zach talk about why it is important to act now.
How old is too old to still be living with your parents? A 41 year old in England is attempting to sue his parents for financial support. Plus, what can we learn from a new commercial featuring insurance for your Thanksgiving turkey? George Fossing and Zach Jenkins have the answers.
With the election taking all of the spotlight, you may have missed the news that Congress is considering new legislation that could impact your portfolio. George simplifies what the proposed “Securing a Strong Retirement Act of 2020” means for your investments and required minimum distribution plan. Plus, an interesting dialogue about your advisor’s role in your life during good economic times and bad.
Since the market crash from February of 2020, some financial analysts say that we haven't fully recovered. How concerned should you be about your retirement for the rest of the year? George and Zach discuss and detail a checklist that you should be following to keep you on the right track.
In 1986 President Ronald Reagan signed a tax reform bill into law that lowered the top income tax rate down to 28% from 50%. Overtime, congress has increased the top rate to 37%. Considering our national debt and the stimulus spending from the pandemic, it’s likely that more increases are coming. Then add the possibility that taxes will rise even more if there’s a “blue wave” in November, and the middle class is then left with an enormous tax bill. George isn’t focused on the right or left. Only educating you about the steps you can start taking today to be more tax efficient with your investments.
The pandemic has damaged our economy, and some baby boomers are being thrust into retirement earlier than they planned. If you’re offered an early buy out package, furloughed, laid off or want to leave your career early for whatever reason… You’re left wondering: Can I pull it off? On this episode George explains what to consider during this life changing event.
“It’s the most confusing time of the year.” - Medicare is a complicated yet necessary part of life when over the age of 65. Open enrollment is October 15th thru December 7th, and each year the health and drug plans can change costs, coverage, providers and pharmacies in their networks. You need to be informed, but NOT overwhelmed. On this episode you’ll get the scoop on the entire alphabet of Medicare, insight as to if you need an advantage or supplemental plan, and why having an agent do the homework for you can save you money and frustrations… but doesn’t increase your cost.
In these crazy times, many people are leaving or changing jobs for various reasons. When that happens, a big question instantly becomes: What should I do with the 401(k) from my old job? The idea of doing a rollover can seem a little intimidating. On this episode, George breaks down what to consider… and how easy the rollover process can be.
Living through our current political and news climate, it seems like the worst time to do anything other than focus on getting through this chaos… Much less adjusting your investments and long-term financial plans. But this episode highlights what power you may not realize you have (and when to use it) concerning your financial future, and even taxes. Learn how to make sure that you dictate your future, not headlines.
As if 2020 wasn’t crazy enough, California lawmakers are not only trying to raise their income tax rates, they’re also proposing what could bea first-in-the-country wealth tax! What scares us is that if California gets away with it… other states could likely follow. After George explains how you CAN govern the taxes you pay during retirement, we discuss how the election coverage may be influencing some vital financial decisions.
It’s no secret that the virus has impacted the income of countless American workers… And this fall is expected to be very difficult for the businesses that have been hit the hardest. October 1st is when some of the payroll protection provisions under the CARES Act expire, and that means another round of layoffs are likely coming. George explains how he’s helping his clients prepare for this what if, and shares advice for those near retirement who are concerned their job could be at risk.
George shares the sweet story of how he and his wife of 30 years got engaged, and eventually married! After finding out how romantic George is, we compare the time spent planning a wedding to how much time we spend planning our retirement. George explains how much time we should spend planning our financial future – And more importantly, what we need to include.
We all know someone who wants to keep working right up until the end. Unfortunately, it’s not always our choice to make. George explains that the key is knowing you can financially handle whatever comes your way, AND how your advisor is going to help you through the process. He also dives into the importance of understanding what your advisor does for you, how they get paid… And what happens if your adviser retires before you?
Just because something is old, that doesn’t mean it lacks worth. If fact, it can sometimes be even more valuable! However, many things in our lives will NOT stand the test of time, and that’s especially true when it comes to financial rules of thumb. After a nostalgic soap opera flashback, George warns of some common financial beliefs that have fallen by the wayside, and how they could be detrimental to your retirement if you aren’t careful.
We’re all tired of hearing about and dealing with the corona virus, but health experts warn we might see a second wave in the coming months or early next year. Millions of Americans are still out of work, and our country went through the first stock market tumble into bear market territory in over a decade back in March. Without giving into the hype, George breaks down how we should we prepare for that for the possibility of a second wave… financially.
Those that work in the travel industry have been hit especially hard from the pandemic and economic downturn. Furloughs, layoffs and early retirement packages have become a reality for millions of Americans in various industries. On this episode, George unpacks how to deal with this overwhelming financial hurdle… and how to prepare in advance for the “what ifs”of retirement.
When it comes to Social Security, figuring out some the acronyms and jargon can be overwhelming. On this episode we make understanding the phrases we hear most often a little fun with George and Zach, and more importantly shed light on how you can maximize you benefits!
Many businesses across the country have struggled to keep prices low during the coronavirus pandemic, and some have been forced to add what they call a "COVID-19 surcharge" to survive this economic period. Some customers understand, but others are irritated to say the least – especially if they didn’t know about the fees! If extra charges such as this bug you, George explains why and how to take a closer look at your investment accounts… where most of the fees are buried in fine print.
Coming in at just over $2 trillion, the LARGEST stimulus package in U.S. history is now part of our economy. As we continue to adjust to many changes, George clarifies how we must also prepare for changes to our future taxes in retirement… And how we can do it as efficiently as possible.
George & Kristen have some friends chime in on an interesting topic: If they’d known the financial part of this crisis was coming, what would they have done differently with their money? Plus, if you’re nervous to open your 401(k) statement during this time… George explains the pros and cons of that coping method.
The stock market experienced unprecedented growth for 11 years… But what a difference a little over a month makes! Some Americans near and in retirement are asking themselves if they should add an annuity to their portfolio after the recent stock market decline. On this brief episode, George explains the pros and cons of this strategy so that you can decide what’s best for you!
Considering our current deficit and the new $2 trillion bailout, it isn’t a huge leap to think tax rates will go up in the future. That’s why some are saying it’s the “best time in history” to do a Roth conversion. George explains why this is TRUE, how you can take advantage of this for your own retirement… and how easy it is to accomplish!
Most of us are dealing with some sort of physical distancing right now, and cabin fever has set in… George and his family included! That’s why we’re sharing ideas of how you can feel less constrained at home and focus on the small joys we’re fortunate to have. Plus, George discusses the GOOD NEWS about the stimulus package and the new options you have for your retirement accounts during 2020.
George shares a personal story of how the coronavirus has impacted his family, and it includes some good news we all need to hear! Plus, he explains how those of us near and in retirement should be looking at the current market… and more importantly, controlling the future of our personal economy.
On Friday, the final numbers from wall street concluded U.S. markets’ worst week since the 2008 financial crisis. George explains what those over 55 need to be focused on... and suggests a great idea of how you can save money while staying home to remain healthy!
We experienced a major market nosedive this past week in reaction to what everyone is talking about… the Coronavirus. George describes how to prepare in advance for times like this with diversification, and how pensions aren’t immune to the volatility either. – But most importantly, how you have more control of the economy inside the 4 walls of your home than you realize!
When there’s volatility on Wall Street it’s normal to feel a bit nervous, but how do you avoid that feeling? On this episode, George explains how to react to drops like this, and more importantly how to plan so that unexpected and uncontrollable events don’t ruin your retirement.
Chicago’s music is an essential part of the soundtrack of our lives, and a while back George sat down with Robert Lamm & Jimmy Pankow of Chicago to talk about just that. Listen as they reminisce about some of their most memorable performances, and to find out what keeps them rockin’ after 50 plus years!
We hear the term “portfolio” all the time, but what makes up a portfolio? You may not realize it, but every saver has one. However, many just don’t know how to get it organized and balanced. On this episode, George breaks down how it's not as complicated or as overwhelming as many may think.
A national study recently found that in Anderson and Greenville, SC, $1 million should support a 22 to 25-year retirement. George has been a financial advisor in the upstate for many years, and happily points out why this study isn’t exactly true and what numbers you should be focused on. Plus, what a DIY investor should know when they’re over age 55.
AARP recently published a study with some upsetting numbers: Americans who are 50-and-older make up just 35% of the population…but they pay 59% of all the federal income taxes! Considering that and the new SECURE Act becoming law, George explains how he helped a client create a tax-free income strategy for when he stops working. Plus, details of how NorthStar advisor Zach Jenkins’ National Social Security Advisor certification has helped one couple realize that by approaching social security differently, they could generate another $180,000 of benefits if they live a normal life expectancy!
Overall your investments probably did pretty in 2019, but what’s coming this year? George explains how to plan for the “what if” for 2020 and beyond. Plus how soon to be and current retirees should approach having an emergency fund.
If you’re planning to roll over assets from a traditional IRA to a Roth, you might want to pause before you make any changes… and listen to this episode. George explains why reducing taxes in retirement is important, but why it can’t be done by following blanket advice.
When it comes to resolutions, we each approach the New Year from our own unique circumstances… but share the common goal of doing something better in the new year. Today George addresses why it’s vital that you resolve to be more focused on what’s really happening with your investments all year long, especially when it comes to taxes.
After some nostalgia about the Sears catalogue, George shares a funny story from his childhood about his Christmas wish list. Plus, we discuss if DIY retirement planning can realistically work.
As we wrap up 2019, many of us spend some time looking back on the past year thinking about accomplishments, as well as missteps. Hopefully, you’ve learned lessons from both. George explains how and why you should assess your retirement, and make sure you’re on track to reach your goals for 2020 and beyond!
Are pension plan participants being shortchanged when their former employers offer them lump sum buyouts? Well… it depends. On this episode, George explains how you should evaluate any pension options you and your family are offered.
When you have an annual checkup with your doctor, he or she spends time listening to your concerns and providing counseling for your particular needs. On this episode, George explains what should be included in an annual “financial checkup,” and how it impacts the well-being of your retirement.
It’s an overwhelming reality, but millions of Americans are struggling to care for a spouse, aging parent or family member suffering from serious health issues. Caregiving responsibilities can unfortunately take a toll on the caregivers’ emotions and finances. George illustrates why it’s not only important to provide the best care possible for your loved one, but to balance it with taking care of yourself and your own financial future.
There’s a new kind of scam that’s making the rounds, so George uses this episode to offers actionable tips to help protect your financial life. Plus, your 401(k) balance probably increased during the bull market run, but maybe not as much as it should have… because of high fees. George explains how to empower yourself to find out how much you’re really paying in fees.
General Electric recently announced they’re freezing pensions for some and offering buyouts to many former employees. That’s unfortunately a scary reality check for anyone who’s counting on a pension for their retirement. If you or a loved one have a pension, this episode is for you. George weighs the pros and cons of taking monthly payments or the choosing the lump-sum option, and what it means for you financial future. Plus, what the 2020 Social Security cost of living adjustment means for your wallet.
Some of George’s clients recently celebrated 30 years of marriage! Their celebration and story serve as a wonderful reminder of why George takes such pride in helping people navigate to and through retirement. Whether you’re single or married, this episode reminds us all why planning for the “what if” matters.
Another year is flying by, and it’s time to get ready for Medicare open enrollment! For those on Medicare, starting October 15th you have 54 days to assess your current coverage, health care needs, and make any changes that will better benefit you in 2020. On this episode George is joined by friend and colleague Dow Barton, to discuss why you need to review more than your plan’s premiums before decision day on December 7th.
If you’re considering retiring early, you’re balancing the excitement of what lies ahead in your life during this major transition, along with some legitimate concerns. One of those is how to pay for one of the biggest expenses during your retirement years—out of pocket health care costs. Today, George breaks down the realistic healthcare options available if you’re planning to retire before age 65.
We’ve all heard the quote: “Those who do not learn from history are doomed to repeat it.” September of 2008 was an especially terrifying time for investors. Thankfully 11 years later, our portfolios are doing pretty well! But could something like that ever happen again? George isn’t a doomsayer, but the answer is YES! The bigger question is… how will your portfolio handle the next crash? Today George explains why it’s vital to make sure your investments are properly diversified.
Any football fan knows that “offense wins games, but defense wins… championships!” George explains how creating a winning game plan in football is similar to creating a successful retirement income plan: You have to know when to protect your lead, how to adapt to new challenges, and recognize the importance of good coaching when planning for your future.
Did you know that estate planning isn’t just for the ultra-wealthy? In fact, just about everyone can benefit from having an estate plan, especially the middle-class. George is joined by friend and colleague C. H. Barrier, estate and elder law attorney in South Carolina, to discuss the importance of this planning, clear up some misconceptions, and explain why this should be part of your financial planning for the future.
Monopoly is a very competitive board game. Almost every family breaks out the box once or twice a year, but it can cause some minor arguments. Then there’s that other family member, “Uncle Sam,” who wants his share from all of us (on & off the Monopoly board). On this episode, George explores the lessons we can take away from Monopoly and how to help minimize the taxes you pay on your realmoney! Plus, we celebrate some good news for George and his family!
You’re likely loyal to some name brands items. Could be a type of car, coffee, clothing, maybe even mayo? Turns out, a growing number of us are making the switch to generic brands because we’re seeking the best value for our buck. This raises a pricier dilemma than debating Starbucks verses Folgers… What should we be looking for to make sure we’re getting the best value with our investment dollars? George explains the value, services and strategic options an advisor should be giving those nearing or in retirement that need a retirement income plan.