The Get Ready For The Future Show: Recent Episodes
GenWealth Financial Advisors
Straight talk about retirement, investments and your money. The Get Ready for the Future Show is Arkansas' longest running and most listened to financial talk show.
"I’m 62, just retired, and don’t plan to take Social Security until 67. Should I be converting some of my IRA to a Roth during these lower-income years?" We're answering YOUR questions on this week's Get Ready For The Future Show!
- We’re 70 and have three adult children. One is financially responsible, the other two—not so much. Can we structure our estate so that they’re not getting a lump sum all at once?
- We’re 68 and recently retired. With all the market ups and downs lately, we’re nervous. Should we move more into cash, or is that just reacting emotionally?
- I’m 60 and managing most of our finances online — banking, investments, even our family photos. Should digital assets be part of our estate plan, and if so, how do we do it?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 10/8/2025
Are we living through another stock market bubble? With headlines warning of “frothy markets” and “sky-high valuations,” it’s easy to feel like we’ve seen this movie before. But according to LPL Research, today’s AI-driven rally looks very different from the dot-com boom of the 1990s.
In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down:
- How the AI revolution compares to the internet craze of the 90s
- Why today’s valuations, while high, are supported by stronger profits and real cash flow
- What history teaches us about staying disciplined through market highs
The bottom line? Fear should never drive your investment decisions. A diversified portfolio and a written financial plan are your best defenses against market noise.
"I’m 54 and getting serious about retirement planning. We’ve got about $500,000 saved, but no clear budget for what retirement will actually cost us. How do we figure that out?" We're answering YOUR questions on this week's Get Ready For The Future Show!
- I keep hearing about rebalancing your portfolio, but I don’t really understand what that means or when I’m supposed to do it. Can you explain?
- I’m 47 and just changed jobs. I rolled over my 401(k), but my new employer doesn’t offer a match. Should I still use their plan or just go all-in on a Roth IRA?
- We’re in our early 60s and thinking about retiring next year, but we’ve never worked with a financial advisor. What should we be looking for, and how do we know who’s actually qualified?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 10/1/2025
A government shutdown began on October 1st, and while markets are still sitting at all-time highs, the impact could grow the longer it drags on. In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down:
- Why Social Security, Medicare, and Medicaid benefits keep flowing (but with possible delays)
- How a prolonged shutdown could trigger market volatility and impact Federal Reserve decisions
- The real economic cost — from furloughed workers missing paychecks to GDP shrinking
Bottom line: short-term uncertainty can rattle investors, but sticking to your financial independence plan is key.
"My wife wants to retire next year at 62, but I’d like to keep working until 68. What’s the best way to plan income and investments with two different timelines?" We're answering YOUR questions on this week's Get Ready For The Future Show!
- I’m 60 and have both a traditional IRA and a Roth IRA. When the time comes, how do I know which one to withdraw from first?
- I’m 66 and thinking about gifting money to our adult kids now, instead of leaving it to them later. Are there smart ways to do this without triggering taxes or regrets?
- We’re both 55 and feel like we’ve done a decent job saving — about $600,000 so far. But we’ve never had an actual plan. How do we know if we’re even on track?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 9/24/2025
Gold is having its “precious” moment, soaring more than 40% this year — its best run since 1979. But is it really the safe-haven hedge investors think it is? In this episode of The Fastest 4 Minutes in Finance, Scott Inman breaks down:
- Why gold prices are skyrocketing (weaker dollar, Fed rate cut expectations, central bank demand)
- The risks of treating gold as a hedge or “can’t lose” investment
- How gold compares to long-term stock market returns
Before you rush to buy, remember: gold is speculative, volatile, and doesn’t produce earnings or dividends. The bottom line? It may play a role in your portfolio, but it should never be driven by fear.
"I’ve got about $400,000 in an old 401(k) from a job I left years ago. Should I leave it where it is or roll it into something else now that I’m 55?" We're answering YOUR questions on this week's Get Ready For The Future Show!
- I’m 61 and worried about inflation eating into our savings. We’ve got about $850,000 saved, but how do we protect our purchasing power without taking on too much risk?
- We’re 57 and got spooked by the market last year. We moved a big chunk of money into cash. Now we’re not sure when—or if—we should get back in. Did we mess up?
- We’re 63 and have some cash in the bank that we don’t need right away. Is it better to park it in a high-yield savings account or invest it for growth?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 9/17/2025
The Fed has entered the second year of its rate-cutting cycle—so what does history tell us about stock market performance from here? In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down:
- How the S&P 500 has historically performed in year two of rate-cutting cycles.
- Why the outlook for 2026 depends heavily on avoiding a recession.
- The mix of tailwinds (AI, productivity, fiscal stimulus) and headwinds (deficit spending, job market risks, tariff challenges) shaping the road ahead.
LPL Research suggests growth could continue, but uncertainty always remains. The key? Control what you can control—stay diversified and stick to your plan for true financial independence.
"How do you handle long term care if you don't qualify for long term care? What if I'm too old? What if I have health issues to preempt me from qualifying?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’m 59 and recently remarried. We both have adult kids and separate finances. How do we make sure our assets are protected but still plan together for retirement? With so much of my financial life online now, how do I know if I’m really protected?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 9/10/2025
The Federal Reserve is expected to cut interest rates next week—possibly the first of several moves before Jerome Powell’s term ends. But what does that mean for unemployment, inflation, and the stock market?
In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down:
- Why unemployment and inflation data are pushing the Fed toward cuts
- How rate cuts could impact businesses, consumers, and recession risk
- The massive amount of cash sitting in money market funds—and what happens if it flows back into stocks
Bottom line: while the Fed may be data driven, your portfolio should be plan driven. Staying invested through volatility is still the best path toward your long-term goals.*
*All investing involves risk and no strategy assures success.
"I’m 58, own a small service company, and would like to retire around 65. I don’t have a formal succession plan or buyer lined up. What steps should I take now to transition out without leaving value on the table?" We're answering YOUR questions on this week's Get Ready For The Future Show! And we're joined by special guest Kaleigh Marsh, Employee Benefits Consultant with Gallagher, for help answering your benefits questions!
- I’m 51 and run a consulting business with just me and one part-time assistant. I already max out my Roth IRA, and my SEP IRA contributions vary based on income. I’d like to save more consistently—should I switch to a Solo 401(k), or consider taxable investments for more flexibility?
- I’m 47 and recently converted my business from sole proprietorship to an S-Corp. I’m taking a salary plus distributions, but I’m not sure I’m using the best tax strategy. What should I be thinking about from a financial planning standpoint?
- My wife and I are both 55 and run a family business together. Most of our net worth is tied up in the business, and we’ve fallen behind on personal retirement savings. How do we balance reinvesting in the business with securing our own future?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 9/3/2025
Is today’s stock market priced too high? Economist Brian Wesbury, Chief Economist at First Trust Advisors, has been warning that the market is overvalued by roughly 40% based on his fair value model of the S&P 500.
In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down Wesbury’s analysis:
- Why rising Treasury yields could drag stock values lower
- Why First Trust has set a year-end S&P 500 target of 5,200 (a potential 19% drop)
- What AI, big tech, and other sectors may mean for long-term growth opportunities
Bottom line: Expect volatility in the coming months, but remember—the key is to stay invested for long-term growth while working with a financial advisor to make smart adjustments along the way.
"We’re 53 and thinking about buying a rental property for income in retirement. What should we watch out for before jumping in?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’m 59 and not in great health. Should I take Social Security early just in case, or wait and hope for the best? My husband wants to keep working part-time after retirement, mostly for the health insurance. Is that really the best reason to keep working? We’re 65 and have Medicare, but we’re unsure whether to stick with Original Medicare or switch to Advantage. What are the real trade-offs?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 8/27/2025
Consumer confidence just slipped to 97.4, sparking concerns about the economy. But is it time to panic—or stay the course?
In this week’s Fastest Four Minutes in Finance, Scott Inman breaks down:
- What the consumer confidence index really measures
- Why younger Americans are driving the decline
- How tariffs and inflation are weighing on outlooks
- What investors should (and shouldn’t) do when headlines turn negative
The bottom line: Don’t let short-term fears derail your long-term strategy. A well-diversified plan is your best defense in any economy.
"We’re 60 and worried we’re too conservative with our investments. We’ve got $850,000 but very little in stocks. Is it too late to adjust our risk?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’m 62 and just started collecting Social Security, but I also inherited a small IRA from my sister. What are the tax implications of that inheritance? I’m 45, remarried, and have kids from a previous marriage. How do I structure my estate plan so everyone’s protected fairly? We’re both retiring in two years, and we’re not sure whether to move our 401(k)s to IRAs or leave them where they are. What’s the difference?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 8/20/2025
Generation X may be headed toward retirement unprepared. According to recent studies, Gen Xers have lower savings, higher debt, and less financial confidence than other generations.
In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down the numbers and shares 4 practical action steps every Gen Xer should take right now to avoid falling behind:
- Eliminate Debt – Why creating margin is the single biggest move you can make.
- Build a Real Emergency Fund – How much you actually need and why it matters.
- Don’t Count on an Inheritance – The risks of relying on future wealth transfers.
- Make a Retirement Plan – How to project your savings into real income for the future.
Retirement success doesn’t happen by accident.
Retirement savings are front and center in Washington — and President Trump’s latest 401(k) proposals could impact how you save, invest, and access your money. In this week’s Fastest Four Minutes in Finance, Alec Daril breaks down the three biggest potential changes:
- Bigger Catch-Up Contributions – Why those 50+ could save even more before retirement.
- Expanded Investment Choices – The opportunities and risks of a bigger 401(k) menu.
- Penalty-Free Withdrawals – When you might access funds early without a 10% penalty.
These changes aren’t law yet, but they could reshape retirement planning for millions of Americans. Learn what they mean for your strategy — and why the fundamentals of retirement success still come down to consistent saving, smart investing, and avoiding early withdrawals.
"We’re 58 and have never had life insurance. Is it still worth looking into, or have we missed the boat?" We're answering YOUR questions on this week's Get Ready For The Future Show!
We're in our early 60s and just sold our business and netted about $1.4 million. How do we turn that into sustainable retirement income without blowing it? My spouse is risk-averse, but I’m more comfortable with market risk. How do we find a retirement strategy we can both live with? I’m 50, work in healthcare, and my employer offers a pension. How does this fit with my other savings?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 8/6/2025
The markets are moving fast—and so should your strategy. In this week’s Fastest Four Minutes in Finance, John Shrewsbury breaks down seven key developments shaping the investment landscape in August 2025:
- Fed Rate Cut Watch – Why the next move could come in September
- Slowing U.S. Economy – Consumer weakness and rising delinquencies
- Big Tech Dominance – AI-powered earnings are lifting the S&P 500
- The AI Investment Surge – Billions are transforming business productivity
- Tariff Tensions Return – Trade risks with India, Brazil, and Switzerland
- Treasury Debt Strategy – What $6 trillion in T-bills means for investors
- S&P 500 Technical Trends – Volatility ahead, but also opportunity
"I’ve been self-employed for years and never set up a formal retirement plan. At 55, is it too late to catch up — or should I just invest in a brokerage account?" We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ We’re 57 and have a paid-off house worth $500,000, but not much in retirement savings. Should we consider a reverse mortgage later on? ✅ We’re 63 and thinking about converting part of our IRA to a Roth before RMDs hit. How do we know if it’s the right time? ✅ I’m 48 and earn too much to contribute to a Roth. Should I look into backdoor Roth strategies, or just focus on my 401(k)? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
Originally Aired 2025.07.30
The U.S. economy roared back in Q2 with a surprising 3% GDP growth, but don’t be too quick to celebrate. In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down the mixed signals behind the headline number—from falling investment and cautious inventory spending to the lingering effects of President Trump’s tariff policy. We’ll unpack: - Why the 3% GDP growth may be misleading - How tariffs and private inventory drops are shaping the economic outlook - What investors and retirees should really focus on ➡️ Watch now to understand what these economic trends mean for your financial future, and why your long-term financial independence plan matters more than ever. 📌 Subscribe for weekly updates on the markets, the economy, and how to plan smart through the noise. 🚨 Get updates like this straight to your inbox every Friday! Visit Fastest4.com to sign up for FREE
"We have around $900,000 saved, but most of it is in my accounts — not my spouse’s. Should we try to even that out, or does it not matter come retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ I’m 60 and was recently offered a consulting role that pays well but has no benefits. Should I take it and delay retirement, or walk away and enjoy life now? ✅ I’m 52 and work in tech, which is volatile. I’ve saved around $350,000. What’s the best move if I get laid off before I’m ready to retire? ✅ My spouse wants to move closer to the grandkids, but the cost of living is higher there. We’re 65 and planning to retire this year — how do we know if we can afford it? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
Originally Aired: 2025.07.23
President Trump wants Fed Chair Jerome Powell out—and markets are watching closely. In this episode of the Fastest 4 Minutes in Finance, Scott Inman breaks down the legal battle brewing, and why firing Powell may not have the impact Trump hopes.
Here’s what you’ll learn:
- Whether a president can fire the Federal Reserve Chair—and under what conditions
- Why Trump’s frustration stems from interest rate policy, not misconduct
- How Powell could fight back with a lawsuit
- Why removing Powell might not lower interest rates
- The potential market volatility if Trump follows through
- What LPL’s Chief Economist says about political pressure and rate cuts
"We’re 61 and 62 and just paid off our mortgage. Should we keep aggressively saving or start shifting toward preserving what we’ve already built?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’ve got $500,000 in a 401(k), but I’m burned out and considering a career break. I’m 53 — can I step away for a while without wrecking my future? I’ve saved $600,000 and I’m 59, but I still have $25,000 in credit card debt. Should I use savings to wipe it out or keep plugging away with payments? We’re 66 and retiring next year. Do we need to keep emergency savings in retirement, or will our investment accounts cover any surprises?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 7/16/2025
The “One Big Beautiful Bill” just became law—and it’s already shaking up the financial landscape. In this episode of the Fastest 4 Minutes in Finance, Scott Inman breaks down the 6 most important takeaways from the 869-page legislation.
Here’s what you’ll learn:
- Why the national debt is expected to increase despite $1.2 trillion in spending cuts
- How permanent 2017 tax cuts could save middle-class families billions
- The surprising new deductions you might qualify for—like tips, overtime, and U.S.-made car interest
- Major changes to SALT deductions and estate tax thresholds
- The phase-out of clean energy credits and EV tax breaks
- How new business deductions could drive economic growth
Want more insights? Read the full LPL Research breakdown here: https://www.lpl.com/research/blog/one-big-beautiful-bill-act--six-takeaways.html
"We’ve got around $750,000 saved, plan to retire in 8 years, but we’re really unsure about healthcare costs. How do we budget for premiums and unexpected medical expenses?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’m 47, single, and own a small business. What’s the easiest way to get started on a retirement plan without feeling overwhelmed? We’re 64 and just paid cash for a camper to travel in retirement. Did we just sink too much of our liquid savings into something that won’t pay us back? We've got about $1.1 million saved, but nearly all of it is in traditional IRAs. How do we keep from getting crushed by taxes in retirement?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 7/9/2025
The market isn’t crashing—it’s just catching its breath. But if you’re tempted to sit on the sidelines until things “feel safe” again, this episode of The Fastest Four Minutes in Finance is your wake-up call.
John Shrewsbury breaks down new research from J.P. Morgan showing how missing just the 10 best days in the market can cut your long-term returns nearly in half. And here’s the kicker—most of those best days come right after the worst ones.
"We’re in our early 50s, and my wife is inheriting around $200,000. What’s the smartest way to use an inheritance in your prime working years?" We're answering YOUR questions on this week's Get Ready For The Future Show!
My husband and I are considering buying long-term care insurance, but the premiums are steep. Is there a point where it no longer makes sense? I’m 45 and just now getting serious about retirement with very little in savings. Is it too late to catch up and still retire in my 60s? My spouse is retired and I’m still working. Where do we even begin with coordinating withdrawals, Social Security, and taxes?!
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 7/2/2025
As we head into the second half of 2025, volatility remains the norm, but what lies ahead for the markets and the economy?
In this week’s Fastest 4 Minutes in Finance, Scott Inman discusses:
- The major questions LPL Research is addressing in its Midyear Outlook—from recession probabilities to Fed rate cuts.
- Why short-term volatility is no reason to lose sight of long-term gains.
- How the "stock market escalator" analogy can help you keep perspective amid uncertainty.
"We’re 55 and have about $500,000 saved, but most of it’s in real estate. Should we be worried about being 'asset rich, cash poor' in retirement?"
We're answering YOUR questions on this week's Get Ready For The Future Show! We’re thinking about retiring abroad. Is that financially wise, or are we missing some big risks? I’m 49 and recently remarried. How do we build a financial plan that protects both of us fairly if I've saved for retirement and my new spouse has saved very little? My wife wants to retire at 60. I’d prefer to work until 68. Can we plan for two timelines — or are we asking for trouble?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 6/25/2025
Worried about your retirement in today’s uncertain world? In this week’s Fastest Four Minutes in Finance, John Shrewsbury explains how to navigate market volatility—whether you're building wealth or already retired.
- Learn why staying invested during turmoil can be a long-term win
- Discover the “bucketing strategy” to protect against inflation, timing risk, and outliving your money
- See why dollar-cost averaging still works in a shaky market
Whether you're 10+ years from retirement or already drawing income, this episode lays out a clear, proven investment strategy designed to remove emotion and create financial confidence.
"I’m 63 and planning to retire next year. We’ve saved $920,000, but we’ve never worked with an advisor. Are we missing anything critical by going it alone this late in the game?" We're answering YOUR questions on this week's Get Ready For The Future Show!
Should we knock out Parent PLUS loans before retiring or keep paying the minimum? My husband just got diagnosed with Parkinson’s, and he’s only 65. How do we adjust our retirement strategy when we’re facing uncertain care costs? We’re 50 and thinking about taking money out of our 401(k) to help our son with a down payment. Is that ever a good idea, or should we steer clear?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 6/18/2025
A recent report from the TIAA Institute and the Global Financial Literacy Excellence Center reveals a startling truth: most Americans are failing at financial literacy. In this episode of the Fastest Four Minutes in Finance, Scott Inman breaks down the results from a quiz taken by over 3,300 adults - and the numbers aren’t pretty.
He also explores common retirement misconceptions around Medicare and Social Security - and the dangerous gap between knowledge and preparedness.
The good news? You don’t have to figure it all out on your own. A trusted financial advisor can help educate, guide, and build a plan tailored to your goals.
On this episode of Get Ready for the Future Show, we’re tackling some big retirement questions with even bigger financial decisions. Angie from Jonesboro wonders whether to take a pension lump sum or monthly benefit — we break down the pros, cons, and how to truly compare them. Elisha, a 62-year-old widow still working part-time, wants to know the smartest way to claim Social Security benefits — we walk through survivor options and earnings limits. Jennie from Vilonia asks if moving to a no-income-tax state will really save money — spoiler: taxes always come from somewhere. And Chris from Little Rock just sold a rental for $310K — we explore whether it’s best to invest, pay off the mortgage, or delay Social Security. Big choices, smart guidance. Tune in and take control of your future.
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 6/11/2025
Inflation cooled. Stocks surged. But is it smooth sailing ahead—or just the calm before the next curve? In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down the latest CPI data, sector gains, and what economists are saying about the Trump tariffs and inflation fears.
"My husband and I are both 55. We’ve saved about $400,000 so far and plan to retire at 67, but it doesn’t feel like enough. How can we tell if we’re way behind or just need to ramp things up a bit?" We're answering YOUR questions on this week's Get Ready For The Future Show!
My job’s getting more stressful and I’d love to walk away next year. How do I know if I can retire early without risking our lifestyle? I just turned 59 and started getting Social Security statements - should I delay benefits or take them sooner and invest the difference? I’m 60, and my mom is 87 and starting to decline. How do we protect her assets while making sure she gets the care she needs?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 6/4/2025
Trump's latest bill contains a hidden provision that economists are calling a potential economic disaster. In this week's Fastest Four, Scott Inman is taking a look at Section 899 - dubbed the "Revenge Tax" - and how it could transform the ongoing trade war into something far more dangerous: a global capital war.
"I’ve got $700,000 in retirement accounts and a $2 million term life insurance policy that expires at 70. I’m 63 now. Should I look at converting that to permanent coverage or just let it go?" We're answering YOUR questions on this week's Get Ready For The Future Show!
We’re both self-employed, in our late 40s, and about $100,000 in a SEP IRA. Should we consider setting up a Solo 401(k) to save more or focus on building our non-retirement accounts? I’m 52, divorced, and likely won’t remarry. Should I be planning any differently than a couple would? We’re 57 and just became empty nesters. Should we take the extra cash flow and max out retirement, or put it toward paying off our $40,000 HELOC?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 5/28/2025
Are you afraid to spend your retirement savings? You're not alone. In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down the psychology behind why retirees often cling to a “just-in-case” mindset—hoarding their savings out of fear and uncertainty.
"We have a mix of accounts—$850,000 in traditional IRAs and about $320,000 in a Roth IRA. We’re both 66 and about to retire. What’s the smartest order to draw from these accounts to keep our taxes low?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’m 62 and just got laid off. I’m eligible for Social Security but have about $520,000 in a 401(k). Should I go ahead and start my benefits or hold off a few years and draw from my savings instead? We live in a 4-bedroom home that’s worth about $390,000, but we’re thinking about downsizing to something under $250,000. With interest rates up, is this still a good move? And how do we know we’ll actually save money doing it? We’re both in our late 50s and don’t have long-term care insurance. We’ve got about $2M saved and are in decent health. Is it too late to get a policy that makes sense, or are we better off self-insuring?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 5/21/2025
Is $1.26 million the new retirement goal? According to Northwestern Mutual's latest study, that's the average number Americans believe they need to retire comfortably. But here's the truth: retirement is personal—and relying on a national average might set you up for failure. In this episode of the Fastest 4 Minutes in Finance, Scott Inman unpacks why blindly chasing a "magic number" won't cut it, and what you should be doing instead.
"46-year-old small business owner. Currently max a Roth out and have done so for years. What is the next step to set more away for retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’m 58, still owe about $72,000 on my mortgage, and I’d like to retire at 62 - should we work to pay off the house first or keep investing and carry the mortgage into retirement? My husband and I are both 55. We keep hearing about Roth conversions - how do we know if it makes sense to start doing that now? Our daughter is 26 and struggling financially - how do we help her without hurting our own future?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 5/14/2025
Markets are rallying on cooler inflation and a temporary truce in the U.S.-China tariff war—but is it too early to celebrate? In this week’s Fastest Four Minutes in Finance, Scott Inman breaks down the latest Consumer Price Index report, the impact of slashed Trump-era tariffs, and what it all means for your investments.
Don’t get caught in short-term hype—learn how to stay focused on your long-term financial goals.
"We’ve saved around $1.2 million, and plan to retire in 4 years. With everything getting more expensive, I’m worried our retirement plan won’t hold up!" We're answering YOUR questions on this week's Get Ready For The Future Show!
I know I need to sign up for Medicare, but I’m confused about what parts I really need and what it’s going to cost me. My company just offered me an early retirement buyout. I wasn’t planning to retire for another 5 years, so how do I know if taking this deal is a good idea? We’ve always managed our finances ourselves, but we’re now 63 and 64, so how do we know if it’s time to bring in a financial advisor?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
For Social Security and Medicare resources, visit https://www.ssa.gov/
Originally aired 5/7/2025
Is the housing market sending warning signs about the U.S. economy?
In this episode of The Fastest Four Minutes in Finance, Scott Inman breaks down the latest earnings reports from the Big 4 homebuilders—D.R. Horton, Lennar, Pulte Group, and NVR—and what their forward guidance says about affordability, tariffs, and mortgage rates. With the S&P 500 Homebuilding Index down 34% since its 2024 peak, what does this mean for investors and prospective homebuyers?
"Mostly been invested in stocks - what kind of shift should I make to keep up with inflation?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’ll be turning 40 soon and I have two kids - when does it make sense to invest in a 529? How could part-time work or freelancing in retirement affect my Social Security benefits and taxes? I’m 46 and maxing out my employer match at my job and don’t really know where to go from here?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 4/30/2025
The headlines are buzzing: U.S. GDP just turned negative for the first time in two years, rattling markets and sparking fears of recession. But what’s really behind the numbers? In this week’s Fastest Four Minutes in Finance, Scott Inman breaks down the latest GDP report, explains how surging imports (and tariffs) played a major role, and reminds investors why sticking to your long-term plan is crucial—especially when headlines tempt you to panic.
"Do I really need more than a basic will? What are the biggest mistakes people make with estate planning that I should be aware of?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What health coverage options should I look at to bridge a two-year gap if I retire early? How should I balance purchasing long-term care insurance, setting up advance directives, and safeguarding my remaining assets? How do I decide the best time to claim Social Security based on my personal situation?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 4/23/2025
Are you saving for decades only to be afraid to spend in retirement? In this episode, Scott Inman's looking at why most retirees consume 80% of their lifetime INCOME but only 50% of their SAVINGS. What barriers are creating this "retirement consumption puzzle?"
Stop preserving wealth you've worked hard to build and start enjoying the retirement you deserve!
"I’ve got the option to take a monthly pension or a one-time lump sum. The monthly option seems like a good idea, but I don’t know if I’m missing something?" We're answering YOUR questions on this week's Get Ready For The Future Show!
Can you explain how to plan for RMD withdrawals and avoid unexpected tax hits? How can I set my kids up for financial success without putting my own retirement at risk? With potential inflation, market downturns, and possible changes to Social Security, how do I create a retirement plan that can handle all this uncertainty?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 4/16/2025
This week on the Fastest Four Minutes in Finance, Scott Inman reveals a dramatic 20-year case study from T. Rowe Price showing how staying invested during market downturns created a $2 million advantage over trying to time the market. Learn why panic selling locks in losses, how recovery periods typically last only 3-6 months after corrections, and why maintaining your investment strategy through uncertainty (including COVID-19, global financial crisis, and current Fed rate debates) is crucial for long-term wealth building.
Originally aired 4/9/2025
In this week’s GRFTFS, we’re joined by our Chief Investment Officer, Andrew Beatty, to take a look at the recent tariffs imposed by President Trump. What could this mean for the markets and the economy? And more importantly, what does this mean for YOU?
If you've got a question for Andrew or the GenWealth Team, give us a call or text at 501.381.5228 or send an email show@getreadyforthefuture.com!
Disclosure: Andrew Beatty of LPL Financial consults with GenWeath as our Chief Investment Officer
The Year of the Tariff continues with markets down 15% YTD. In this episode of Fastest Four Minutes in Finance, Scott Inman breaks down President Trump's sweeping reciprocal tariffs and what they could mean for investors. Learn how these tariffs might push effective rates from 3.1% to 15.6% - levels not seen since before WWII - and what this means for your portfolio.
"Can I set up a trust that incentivizes my heirs to make responsible financial decisions?" We're answering YOUR questions on this week's Get Ready For The Future Show!
Can you tell me more about indexed universal life investments? Do we need a "spousal IRA" to keep our retirement savings on track? Why shouldn’t I just simply pull from my 401(k) what I need to live on above my Social Security?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 4/2/2025
Disclosure: GenWealth Financial Advisors and LPL Financial do not provide legal advice or tax services. Please consult your legal advisor or tax advisor regarding your specific situation.
Is the market overreacting to President Trump's new tariff plan? In this week's Fastest Four Minutes in Finance, we cut through the headlines to reveal what investors really need to know about the current economic landscape. While "tariff" has become 2025's economic buzzword, we explain why their actual impact remains uncertain and potentially years away.
"My husband is in poor health, and he’s always handled the finances. How do I prepare for life after work by myself?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’m 34 and a single mom. How would you recommend getting started for retirement planning? We’re looking into taking my husband’s father into our home to help care for him during his retirement. How do we balance our financial needs with his? My husband and I (60 and 63) are nearing retirement. What should I look for in terms of risk and how safe should my investments be going into retirement?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 3/26/2025
Are you worried about market ups and downs? In this week's Fastest Four, John Shrewsbury reveals the game-changing investment strategies that will help you navigate market volatility and build towards long-term wealth!
"I’m 67, looking to retire next year, and have multiple different types of accounts with my retirement savings. How do my withdrawals impact the taxation of my Social Security benefits?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I want to watch my family enjoy what I’ve earned over the years. Are there opportunities for tax-efficient wealth transfer to heirs while still alive? Should I consider a multi-family property as my first investment, living in one unit and renting the others?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 3/19/2025
Some Americans don’t invest because they think it’s too risky, but at the same time find the lottery to be a potential retirement source! In this week’s Fastest Four, Scott’s taking a look at your chances of winning while gambling vs. long-term investing.
We're kicking off the Get Ready for the Future Show with the newest member to the GenWealth Team, Andrew Beatty, our Chief Investment Officer. He'll be joining the show to talk tariffs, the economy, the Trump administration, and more!
And after that, we're answering YOUR questions: If my spouse remarries after my passing, how can I ensure my assets ultimately go to my children? I’m 57, own a business, and am considering retiring soon. Are there tax-efficient ways to transfer ownership?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 3/12/2025
In this week's Fastest Four Minutes in Finance, Scott breaks down the recent stock market selloff and provides two essential strategies for investors. Learn why the current 10% market correction is actually normal market behavior and discover proven approaches to navigate market volatility successfully.
For charts and more episode information, visit: https://getreadyforthefuture.com/how-to-handle-stock-market-volatility/
"I'm 59 and recently calculated my net worth at about $3 million. Will I have enough to retire? " We're answering YOUR questions on this week's Get Ready For The Future Show!
What are T-Bills? How do they compare to money market funds? Does either have a place in my investment strategy? I’m 62 and have a decently large estate. What’s the best way to transfer wealth to my heirs? I’m 65 with $700,000 in retirement savings. Do I need to consider something like an annuity to help produce the income I’ll need?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 3/5/2025
Concerned about the recent stock market decline? In this week’s Fastest Four Minutes in Finance, Scott’s exploring: This week’s S&P drop, NASDAQ and tech stocks suffering, current bearish sentiment, and historical data on pessimism vs. positive returns.
Plus, learn why Trump’s tariffs create market uncertainty and a timeless investing strategy for navigating market volatility.
For charts and more episode information, visit: https://getreadyforthefuture.com/market-meltdown-alert/
"I’m 57 with about $2.3 million. Given my current portfolio size, should I start shifting towards more conservative investments, or is there room to remain more aggressive for growth?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What’s the role of alternative investments in my portfolio at this stage of life (62)? I’m 45, $500k in various accounts, and make around $200k/year.
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 2/26/2025
After years of battling historic inflation, we're finally seeing relief. But what about tomorrow? In this week's Fastest Four, Scott examines Brian Wesbury's take on President Trump's economic policies and their potential impact on future inflation rates.
Is the Federal Reserve—not Trump's policies—the true inflation driver? Get the facts beyond the political noise as midterm election rhetoric heats up.
We're prepping for some winter weather over here at the GenWealth studio, so we're re-airing some of your questions!
"My husband and I are concerned about healthcare costs in retirement. What steps should we take now to be sure we’re okay in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What do I need to know when trying to decide to convert my current pre-tax money over to a Roth option? How do you recommend preparing for short-term and medium-term savings needs? How should my HSA funds be invested?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/22/2025
"How should I balance assets between tax-deferred, tax-free, and taxable accounts to get me the best outcome for my retirement income?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I’m 57 and recently inherited $400k. What do I do with my inheritance? Should I give up my $200K salary job to spend time with my wife? Will we be okay financially if we both retire now? What strategies can minimize the tax impact of RMDs?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 2/12/2025
Analyzing the latest inflation trends and their effects on the stock market, interest rates, and consumer spending. Get insightful analysis on price trends, wage growth, and economic outlook in just 4 minutes. From CPI fluctuations to Federal Reserve rate cut expectations, understand what rising costs mean for your investments and daily finances. Featuring data from the Brookings Institution and USA Today on wage-inflation comparisons and consumer sentiment.
StockMarket #Tariffs #Trading #Finance #Investing #WallStreet #TrumpTariffs #MarketAnalysis
"I'm 52 with $2 million. Should I convert some of my traditional IRA/401(k) to Roth accounts now?" We're answering YOUR questions on this week's Get Ready For The Future Show!
How should I brace myself financially for a potential downturn? If I start earning self-employment income, what tax-advantaged retirement options become available? What’s your opinion on the real estate sector right now?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 2/5/2025
Breaking down Trump's latest tariff announcements targeting Canada, Mexico, and China, and their impact on the NASDAQ. Get insightful analysis on potential consumer costs, market volatility, and long-term economic implications. From tech stocks to trade negotiations, understand what these tariffs mean for your investments in just 4 minutes. Featuring insights from LPL Research on market reactions and future trade policy expectations.
A major market sell-off early in the week was triggered by Chinese firm Deep Seek’s AI report, which suggested they were advancing AI implementation at a much lower cost than expected. This raised concerns that American tech companies, which have already invested heavily in AI, might struggle to maintain their competitive edge, causing a sharp drop in the NASDAQ before it rebounded. Analysts later viewed the report more positively, but LPL Research cautioned that the AI sector’s high valuations might need reassessment. As tech stocks dominate market performance, LPL suggests a potential shift where other sectors could start gaining momentum.
If you want to watch the Video version, check out our YouTube https://www.youtube.com/@thefastestfour
"I’m 62 and thinking about making sure my kids and grandkids are taken care of after I’m gone. How can I ensure that my estate plan keeps my wealth intact for them?" We're answering YOUR questions on this week's Get Ready For The Future Show!How should I approach the financial sector in light of recent banking sector volatility and the rise of fintech companies? How can I value my current job's wages against a possible pension with a new job? I’m 63 and just inherited about $450,000. How do I make sure this money lasts and I’m making the smartest move with it?And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!Originally aired 1/29/2025
"My husband and I are concerned about healthcare costs in retirement. What steps should we take now to be sure we’re okay in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What do I need to know when trying to decide to convert my current pre-tax money over to a Roth option? How do you recommend preparing for short-term and medium-term savings needs? How should my HSA funds be invested?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/22/2025
Exclusive breakdown of President Trump's economic strategy for 2025!
Discover how immigration policies, potential tariffs, energy deregulation, and tax cuts could transform the U.S. economy. Insights from top economists at LPL and First Trust Advisors reveal the potential market impacts. Consumer confidence is rising, and the markets are watching closely. Watch now to understand the economic landscape ahead!
For charts and more episode information, visit: https://getreadyforthefuture.com/trumps-economic-comeback/
"Should I self insure or should I get some sort of policy? If I go with a policy, what kind should I look at?" We're answering YOUR questions on this week's Get Ready For The Future Show!
Does it make sense for my wealthy mother, a recent widow, to take out a significant life-insurance policy? I’m 65 and have $3.7 million. How much should I realistically spend on a house? I’m 43 and worried I’ve waited too long to retire comfortably. Advice?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/15/2025
Latest CPI report reveals surprising trends: December inflation at 2.9% YoY, with core CPI steady at 3.3%. Investors remain cautious. Join Scott Inman for insights on:
- Goods vs. services inflation contrast
- Significance of the Fed’s 2% target
- Consumer behavior driving service sector prices
- Inflation’s impact on your financial future
Discover why inflation data still shapes markets in 2025, beyond the 2022 peak, and learn the real story behind the numbers and their personal economic significance.
For charts and more episode information, visit: https://getreadyforthefuture.com/inflation-still-keeps-wall-street-up-at-night/
"What do you recommend if I'm starting my own business, but don't want to fall behind in retirement planning?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What are your predictions for the economy for this upcoming year? How do I know when to take Social Security? I recently reached $1 million across my investments. What’s the next step for me?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/8/2025
Can the S&P 500’s winning streak continue in 2025? Wall Street predicts a 12% gain, but history shows market experts are often wrong. In this week’s Fastest Four Minutes in Finance, Scott explains:
- Wall Street’s ambitious 2025 price targets
- The surprising truth about back-to-back 20% market gains
- Why analyst predictions have missed the mark 90% of the time since 2016
- The secret to successful long-term investing
- Discover why short-term predictions don’t matter and learn how long-term investment strategies can help you reach your financial goals. Perfect for investors after two consecutive years of 20% returns.
For charts and more episode information, visit: https://getreadyforthefuture.com/why-experts-are-wrong/
Happy New Year from the Get Ready for the Future Show! As we kick off the new year, we're answering your best and most popular questions of 2024!
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/1/2025
In this Fastest Four, Scott’s bringing the latest 2025 economic and market forecasts from LPL Research. Learn why strategists predict GDP growth slowing, unemployment rising, and moderate stock returns after 2 impressive years. Discover inflation trends, interest rate expectations, and historical insights into third-year bull markets. Ideal for quick, data-driven market insights.
For charts and more episode information, visit: https://getreadyforthefuture.com/2025-market-outlook-will-stocks-keep-soaring/
Merry Christmas from the Get Ready for the Future Show! As we get ready to wrap up the year, we're answering your best and most popular questions of 2024!
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 12/25/2024
In this week’s Fastest Four, we’ll dive into the latest rules for Required Minimum Distributions (RMDs) and explore how Qualified Charitable Distributions (QCDs) can help you lighten your tax load. We’ll cover new RMD age requirements, ways to avoid costly penalties, and the limits for QCD in 2024-2025. Plus, we’ll share some smart retirement withdrawal strategies. This episode is perfect for retirees and those approaching RMD age.
And for charts and more episode info, head over to: https://getreadyforthefuture.com/rmd-and-qcd-explained/
"I’m trying to prepare for the new year well. What’s the best order of investing for 2025?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What kind of estate planning do I need to do to be sure all my stuff is in order before the new year if possible? Should I claim Social Security early and go ahead and get my benefit or should I delay? I’m planning to retire next year. What steps should I take to make sure I don’t outspend my budget?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 12/18/2024
With the markets pulling back last week, investors are left wondering: will the annual Santa Claus rally show up this year? John Shrewsbury, filling in for Scott Inman, breaks down market trends, small business optimism, and a possible bear case as we approach 2025.
And for charts and more episode information, visit: https://getreadyforthefuture.com/will-the-santa-claus-rally-save-the-markets/
"Which is best: a will or trust for man and wife with less than $2 million net worth with three children?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What’s your opinion of the Arkansas Public Employee Retirement System? I’m 65, retired and own my home. What should I do with $150,000 I want to invest? With interest rates stabilizing, should I consider adjusting my investment strategy?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 12/11/2024
Discover the surprising truth about consumer spending in America! In this Fastest Four, Scott's breaking down:
- The age group spending nearly $100,000 annually
- The massive $84 trillion "Great Wealth Transfer" coming soon
- How top income earners control consumer spending
- Why workers are saving more and feeling financially confident
Key insights from LPL Research's Outlook 2025 reveal the hidden economic trends shaping America's financial future.
And for charts and more episode information, visit: https://getreadyforthefuture.com/spending-secrets-revealed/
"What do I need to do to save more and be sure I have the retirement I want?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What’s the best strategy for transitioning from my current career to full retirement? I’m 39 and saving 18% of my income for retirement between my employer plan and a Roth IRA. Is that enough? If we want to travel in retirement, how can we plan for price increases over time?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 12/4/2024
Is there a Santa Clause rally coming? In this week's Fastest Four, Scott breaks down historical stock performance, revealing why December might just be your portfolio's best holiday gift.
And for charts and more episode information, visit: https://getreadyforthefuture.com/santa-claus-rally-2024/
"My husband and I have $3.2 million in retirement savings. At this rate, would the 4% rule be an okay strategy for us?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What are your thoughts about the future of interest rates and how should this affect my investment strategy? With potential tax changes coming after the election, should I be adjusting my tax planning or retirement withdrawal strategy? What are your thoughts about how I should divvy up the money from a recent inheritance to my kids?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 11/27/2024
What’s in store for taxes under a Trump administration? From Social Security changes to the extension of the Tax Cuts and Jobs Act, we break down what could impact your finances over the next four years. Will taxes on Social Security be eliminated? Can government spending be reduced enough to fund new tax cuts? Join John Shrewsbury as he explores these pressing questions and what they mean for your financial independence.
And for charts and more episode information, visit: https://getreadyforthefuture.com/trumps-tax-promises/
"How do I know when I've saved enough, and how do I keep my money from diminishing in retirement if inflation keeps its pace?" We're answering YOUR questions on this week's Get Ready For The Future Show!
My wife hired an advisor. Should I join her to keep our plans in sync? With recent economic growth, should I be more aggressive with my investments now? If consumer spending starts to decline unexpectedly, how will that affect my retirement?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 11/20/2024
Discover the ultimate retirement destinations for 2025 as Scott breaks down U.S. News and World Report's updated rankings. The results may surprise you!
Whether you're planning for retirement or just curious about the best places to live, this video is your ultimate guide to finding your perfect retirement paradise! Check out the full report here: https://realestate.usnews.com/places/rankings/best-places-to-retire
And for charts and more episode information, visit: https://getreadyforthefuture.com/top-10-best-retirement-cities-in-2025/
"My wife and I are worried about potential health issues in retirement, so should I cut back on contributions to fund a Long-Term Care policy or contribute more and self-insure?" We're answering YOUR questions on this week's Get Ready For The Future Show!
How can I consolidate/simplify my accounts without creating a major tax event? I've got a few mutual funds that are growth and aggressive growth. Should I diversify? What investments should I focus on to maintain growth and reduce risk in a potential economic downturn?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 11/13/2024
Big news for retirement savers: The SECURE Act 2.0 is bringing massive changes to catch-up contributions in 2025! In this week's Fastest Four, discover how workers aged 60-63 can supercharge their retirement savings with an extra $11,250 in catch-up contributions. Whether you're playing catch-up or planning ahead, learn how these new contribution limits could transform your retirement strategy!
For charts and more episode information, visit: https://getreadyforthefuture.com/401k-game-changer-catch-up-strategy-unlocked-for-2025/
"I'm 67 and the bulk of my $3 million is invested in stocks. How should I adjust my investments before retiring next year?" We're answering YOUR questions on this week's Get Ready For The Future Show!
How should we invest if we know we will help care for my wife's parents in their retirement? How do I know if I have enough life insurance coverage for me and my spouse? What's a tax-efficient way for me to leave a good amount to my grandchildren?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 11/6/2024
In this week's Fastest Four, Scott dives into the market's enthusiastic response to the recent election results. Learn how managing your emotions is just as crucial post-election as it was pre-election and the importance of sticking to your long-term investment strategy, even in the face of political changes.
For charts and more episode information, visit: https://getreadyforthefuture.com/navigating-the-post-election-market-surge-key-insights-for-investors/
"My partner and I have $4.75 million saved, earn $250,000 a year, and only spend about half that. When can I quit working?" We're answering YOUR questions on this week's Get Ready For The Future Show!
With my husband's pension and the 17% we've been investing, is that enough? Do I need a trust if I'm retired and divorced with two adult children? With many seniors getting scammed, how do you protect your clients?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Visit the Internet Crime Complaint Center (ic3.gov) for more information about how to protect yourself against cybercrime and to submit a complaint if you or someone you know has been targeted.
Originally aired 10/30/2024
Don't let politics destroy your investment strategy! In this episode of the Fastest 4 Minutes in Finance, Scott takes a look at historical stock market performance across ALL presidential administrations, how the U.S. economy grows regardless of who's in the White House, and why staying invested matters more than political allegiance.
For charts and more episode information, visit: https://getreadyforthefuture.com/stock-market-secrets-how-your-political-bias-could-cost-you-millions/
"I’m 55 and I’ve got about $450,000 in retirement assets so far. What steps should I take now to ensure a comfortable retirement at 64?" We're answering YOUR questions on this week's Get Ready For The Future Show!
Which sectors do you believe will be most impacted by the election results? Would you recommend I pay off debt before getting into rental properties? What if I plan on retiring now, before the year on my target date fund?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 10/23/2024
A new study reveals a massive disconnect between what financial advisors claim they're discussing and what clients are actually hearing about retirement planning. In this week's Fastest Four, Scott's breaking it down!
For charts and more episode information, visit: https://getreadyforthefuture.com/the-shocking-truth-about-retirement-income-planning/
"I realized my advisor's only strategy is some version of the 4% rule. How do I know if I'll run out of money?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What is your outlook on interest rates? At 62, should I keep my Universal Life Insurance policy? With a lot of seniors getting scammed, how do you protect your clients?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 10/16/2024
In this week's Fastest Four, discover why the U.S. retirement system scored a mediocre C+ in the 2024 Mercer CFA Institute Global Pension Index. Scott takes a look at the rankings and how to take control of your retirement so you can aim for an A+!
For charts and more episode information, visit: https://getreadyforthefuture.com/us-retirement-grade-c/
"I own a small business. Can you help me decide what next steps to take to set myself up for retirement or set my family up for the future" We're answering YOUR questions on this week's Get Ready For The Future Show!
What do you recommend if I'm 5 years out from retirement? I don’t like to live by a strict budget. Will I have to do that in retirement? How do I pick the right Medicare supplement?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 10/9/2024
In this week's Fastest Four, Scott's breaking down an important issue BOTH presidential candidates are ignoring: the looming $35 trillion of U.S. debt. And more importantly, what it means for YOU and your financial independence.
For charts and more episode information, visit: https://getreadyforthefuture.com/americas-debt-crisis-explained/
"I’ve been single all my life and I’m heading into retirement next year. What are some things I should consider about retirement that may be different for me as a single woman?"
We're answering YOUR questions on this week's Get Ready For The Future Show! As the Fed lowers rates, how does this affect my overall financial independence? My dad recently passed away and my mom is struggling with what to do financially. Should she invest the life insurance money? With a new baby on the way and college costs increasing, how much should I put in a 529?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 10/2/2024
With the last few years of inflation, consumer spending has still been strong. But how?! In this Fastest Four, Scott's taking a look at how rising personal wealth has been fueling the economy and how it might be affecting YOUR economy.
For charts and more episode information, visit: https://getreadyforthefuture.com/wealth-surge-fuels-economy/
"With the election, I’m wondering if I should start to diversify before things get too dicey?" We're answering YOUR questions on this week's Get Ready For The Future Show!
Does cashing out an Inherited IRA count as income against my Roth IRA income limits? My wife and I are struggling to decide when we should retire. Can you give us some pointers?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 9/25/2024
After a strong three quarters this year, the S&P500 is up 20% year-to-date with 39 all-time highs in 2024. But what does that mean for the end of the year? Scott's taking a look at September's surprising strength and what historical data suggests we could look forward to in the final quarter of 2024!
For charts and more episode information, visit: https://getreadyforthefuture.com/2024-stock-market-soars-will-q4-continue-the-bull-run/
"I’ve heard a lot of friends talking about RILAs. Can you explain what they are and how I would know if I need one?" We're answering YOUR questions on this week's Get Ready For The Future Show!
I was planning to retire at the end of the year but lost my husband unexpectedly. Can I still retire? What advice would you give someone wanting to enter the financial planning industry? Does cashing out an Inherited IRA count as income against my Roth IRA income limits?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 9/18/2024
Discover why investors are flocking to defensive stocks in this week's Fastest Four! Scott breaks down the recent market shift from growth to defensive sectors like consumer staples, utilities, and healthcare. And learn how this rotation might signal economic changes and impact your investment strategy.
For charts and more episode information, visit: https://getreadyforthefuture.com/market-shift-alert-why-defensive-stocks-are-suddenly-outperforming/
"Now that we're eligible again for a Roth IRA, should we fund that instead of the Roth 401k?" We're answering YOUR questions on this week's Get Ready For The Future Show!
What should I do with a tax-free lump sum I'll be receiving? Should I start diversifying by buying bonds if I'm 5 years out from retirement? Should I up my life insurance policy?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 9/11/2024
Don't let election year rhetoric cloud your financial judgment. In this week's Fastest Four, Scott's taking a look at the surprising relationship between politics and economic perception and how political bias can skew our view of the economy, potentially impacting investment decisions.
"I’m 55 and planning to retire early. What do I need to be aware of to try to decrease the amount of taxes I have to pay?" We're answering YOUR questions on this week's Get Ready For The Future Show!
Can you retire comfortably at 60 with $1M? What are the benefits of a spousal IRA? I’m worried about a recession. Am I too risky right now?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 9/4/2024
The Federal Reserve is likely to cut interest rates. But what does that mean for you? Scott's diving into some historical data in this episode, and taking a look at how interest rate cuts have affected stock and bond performance.
"My wife and I both have pensions. Can we do anything now to minimize the tax burden in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!
At what age should one start to consider Roth conversions from retirement accounts? How should we invest if interest rates fall? Is it wise to save up enough cash to pay for a rental property for diversification?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 8/28/2024
In this week's Fastest Four, Scott's diving into a recent survey about how Americans are approaching their Social Security benefits:
- Why 3 out of 4 Americans understand delayed benefits but only 1 in 10 plan to wait
- The most popular age for claiming Social Security (hint: it's not what you think!)
- Top reasons people are claiming early - including fears about Social Security's future
- The BIGGEST mistake 88% of Americans are making with retirement income planning
"I’m 61 and trying to figure out the right Social Security strategy for me. What should I do to get the most out of it?" We're answering YOUR questions on this week's Get Ready For The Future Show!
With mortgage rates coming down, is now the right time to buy a house? Can you help me figure out if I need an annuity? How should we allocate the inheritance we just received from my wife's father?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 8/21/2024
What is a yield curve? How is it connected to recessions and stock market performance? And what does any of this mean for YOU? Scott's breaking it all down in this week's Fastest Four Minutes in Finance!
For charts and more episode information, visit: https://getreadyforthefuture.com/yield-curve-inversion-recession-indicator-or-bull-market-signal/
"Should I start paying down my mortgage more aggressively? If I do, it would cut into my Roth and HSA contributions." We're answering YOUR questions on this week's Get Ready For The Future Show!
Can you explain inflation numbers to me and how I can adjust to them? Which accounts should I draw from first if I'm about to retire? Should we cut down some retirement contributions to fund our kids' education?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 8/14/2024
Worried about the 2024 election's impact on your investments? Scott brings surprising truths about stock market performance during election years and beyond. He's also breaking down historical data and debunking common misconceptions, with valuable insights for investors navigating political uncertainty.
For charts and more episode information, visit: https://getreadyforthefuture.com/election-year-investing-stock-market-myths-busted/
I own a business that’s largely online. What would you suggest in the planning process for a smooth transition or sale of the business if I retire or pass away? We're answering YOUR questions on this week's Get Ready For The Future Show with a special guest, Attorney Chris Rippy from Rippy, Stepps & Associates in Conway!
Can you help me understand how my beneficiaries will inherit my retirement accounts? What should I consider if my adult child is going to inherit $300k, but is financially irresponsible What's a tax-efficient way to donate assets to a charity when I die?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 8/7/2024
Dive into this week's rollercoaster ride on Wall Street! Scott Inman breaks down the recent market volatility, explaining why panic selling can be your worst enemy.
For charts and more episode information, visit: https://getreadyforthefuture.com/wall-streets-wild-ride-why-panic-selling-could-cost-you/
I want to start a business in my “retirement.” Where should I start and what are some protections I need in place to keep my retirement assets safe? We're answering YOUR questions on this week's Get Ready For The Future Show!
Where should I contribute more if I just got a significant raise? My financial advisor suggests investing 20% of my assets in an annuity - is that a good idea? As a single dad of two teenagers, how do I know if I'm saving enough?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 7/31/2024
Dive into the latest housing market trends with Scott Inman in this week's Fastest Four Minutes in Finance. Discover how the South has dominated home sales for 16 years and why the Great Reshuffle might be ending.
For charts and more episode information, visit: https://getreadyforthefuture.com/housing-market-shift-is-the-southern-boom-cooling-off/
I'm 37 and plan to retire early in 8 years. Can I do that, and work part-time, when I get my pension? We're answering YOUR questions on this week's Get Ready For The Future Show!
How do we know when we can spend a little more versus being more conservative with our hard-earned money in retirement? What should I do with an inheritance that I want to grow, but also access before retirement? At 42 and just starting investing, what are some ways I can try and catch up to where I should be?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 7/24/2024
Dive into the latest investment trends of 2024 in this quick financial update. Scott takes a look at where billions are flowing in the stock and bond markets with insights on market movements, sector rotations, and potential impacts of Fed rate cuts.
My wife and I have a stereotypical 60/40 split. Are we “safe” enough? We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ Should I be worried about a recession after the election? ✅ Are there any tax-efficient strategies for transferring ownership of my business when I retire? ✅ Is $1M enough to retire comfortably with recent soaring inflation? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
Originally aired 07/17/2024
In this week's Fastest Four Minutes in Finance, John dives into how past Presidential Elections can affect the Stock Market. Can you really prepare yourself based on who wins?
Do you recommend prioritizing maxing out both our IRAs before making contributions to a brokerage account? We're answering YOUR questions on this week's Get Ready For The Future Show!
Can I comfortably retire with $800k in my 401(k) and Social Security? How does government spending play into inflation? What advice can I give my adult children who are receiving a sizeable inheritance?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 7/10/2024
In this week's Fastest Four Minutes in Finance, Scott dives into LPL Research's Mid-Year Market Outlook and explores the surprising link between home refinancing and consumer spending that may have prevented a recession.
For charts and more episode information, visit https://getreadyforthefuture.com/housing-market-secrets-how-refinancing-saved-the-economy/
I’m 57 and have had some health scares lately and I'm thinking: what kind of options do I have for healthcare in retirement? We're answering YOUR questions on this week's Get Ready For The Future Show!
How can I leave money to my kids without burdening them with taxes? My wife and I are in our late 40s: should we sit down with an advisor?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 7/3/2024
We're keeping it simple this week on the Fastest Four with a special Independence Day message from Scott Inman.
My husband and I have $200,000 in a high-yield savings account: are we beating inflation? We're answering YOUR questions on this week's Get Ready For The Future Show!
What’s the best thing for me to do with my money after selling shares of my business? My wife and I are retired with $1.2 million: should we claim Social Security as late as possible? I have some decent savings and investments, but should I pay off my mortgage before I retire in 10 years?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 6/26/2024
Worried about investing at stock market all-time highs? Don't be! In this week's Fastest 4 Minutes in Finance, Scott Inman breaks down why market peaks aren't as scary as you might think.
I'm 54 with $690,000 saved for retirement. Am I on track to retire at 62? We're answering YOUR questions on this week's Get Ready For The Future Show!
I want to get as much as possible out of Social Security – how do I maximize my benefit? Gold is always a big talking point, but what about copper? Should we downsize our house before we retire?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 6/19/2024
Is Generation X facing a retirement nightmare? Join John Shrewsbury in this week's Fastest Four as he breaks down the shocking stats on Gen X's retirement savings, healthcare concerns, and financial challenges.
I’m planning to retire next year, but I’m not sure how to adjust my investments as I get ready to retire. What changes should I make to my strategy? We're answering YOUR questions on this week's Get Ready For The Future Show!
Do I need a will, a trust, or both? Is it OK for me to save money in a money market account for a home purchase down payment in 5 years? In the current environment, should I keep some extra money in cash or should I look at something like a bond fund?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 6/12/2024
In this week's Fastest Four Minutes in Finance, Scott's breaking down May's latest inflation numbers and what they mean for the economy.
How do I help my 20-year-old determine how much to contribute now, what to invest in, and when to talk to a financial advisor? We're answering YOUR questions on this week's Get Ready For The Future Show!
Are annuities something I should consider to help provide lifetime income? What do I need to do if I want to retire at 55, but also want to travel and volunteer in retirement? As a firefighter, how much income should I plan for in addition to my pension?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 6/5/2024
Smart Asset has a new study out detailing where retirees live on the most income in the US and the results are surprising! Scott breaks down the details into what you need to know in this week's Fastest Four.
How do you think the outcome of the election will impact the markets? Who does the market want to win? On this week's Get Ready For The Future Show, we're answering YOUR questions!
What impact do you see the US debt having on our investments? How do you tell if inflation is really coming down when I'm not feeling it in my bank account? How can I minimize taxes down the line if I'm worried, especially depending on the election?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 5/29/2024
We're celebrating National 529 Day in this week's Fastest Four!
Learn about how to:
- set up a 529 account
- invest for tax-free growth
- make tax-free withdrawals for qualified education expenses
- enjoy state tax deductions
Get the inside scoop on 529 plans and start saving today!
What do you think about Roth vs traditional benefits when you have a sizeable pension? On this week's Get Ready For The Future Show, we're answering YOUR questions!
What should we consider if we want to move out of state when we retire? With a state pension, should I be more aggressive with my 457 investments? Does it make sense to alter investment location strategies to plan for the possibility of forced retirement?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 5/22/2024
Are you on track for a comfortable retirement, or just settling for the average savings? In this week's Fastest Four, Scott breaks down the latest retirement savings statistics and why aiming for "average" is a surefire way to fall short.
What do you think about Roth vs traditional benefits when you have a sizeable pension? On this week's Get Ready For The Future Show, we're answering YOUR questions!
✅ What should we consider if we want to move out of state when we retire?
✅ With a state pension, should I be more aggressive with my 457 investments?
✅ Does it make sense to alter investment location strategies to plan for the possibility of forced retirement?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 5/18/2024
Planning for a long life and not getting it is better than not planning for it and getting it! Scott explores planning for longevity risk on this episode of the Fastest Four Minutes in Finance!
I love my job and want to keep working, but my wife wants to retire. Can she go ahead and do that while I keep working? On this week's Get Ready For The Future Show, we're answering YOUR questions!
How do you determine your contribution rate if your income is variable? If I got an inheritance, should I pay down house debt or invest more in retirement? What should I do if I have to take RMDs, but don't need the money yet?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 5/8/2024
The SECURE Acts have paved the way for annuities to be offered in employer retirement plans, and surveys show that American workers are interested in investing in them. In this week's Fastest Four, Scott explores the latest trends in annuity sales and the growing demand for guaranteed lifetime income, especially among pre-retirees. But also the complexities of annuities and why it's important to work with a financial advisor to determine if an annuity is even right for you.
How can I prevent my money from getting taxed again as added income? On this week's Get Ready For The Future Show, we're answering YOUR questions!
Will selling my business be enough to fund my retirement? How can I better understand my risk tolerance? How do we know if it's okay to retire early?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 5/1/2024
Is the famous "Sell in May and Go Away" investing strategy worth following? Scott's taking a look at the historical performance of the markets in the May-October period in this week's Fastest Four and the question, "Is timing the markets like this a wise investment strategy?"
In what order should we draw down accounts prior to Social Security and after work? On this week's Get Ready For The Future Show, we're answering YOUR questions!
We are wondering how to decide which account to fund more? 401(k) or Roth IRA? What are your thoughts on Tax Rates and Standard Deductions changing in 2026? I'm nearing age 55 and am trying to decide if should I start paying down my mortgage more aggressively?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 4/24/2024
In this week's Fastest 4 Minutes in Finance, discover how robust earnings growth continues to drive the stock market's performance, defying fears over interest rates, inflation, and geopolitical instability.
Do I need to max out catch-up contributions, or will I be okay holding steady with my normal contributions? On this week's Get Ready For The Future Show, we're answering YOUR questions!
Would it be good for my savings to retire but keep working maybe part-time? Would I be ok in retirement if the only thing I do is max out my Roth IRA every year moving forward? I'm retired now and my wife will be next year. What’s the best withdrawal strategy for us?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 4/17/2024
Investing in stocks is a rollercoaster ride, and April's market turmoil serves as a timely reminder that pullbacks are inevitable. In this week's Fastest Four, Scott's drawing wisdom from market strategist Ryan Detrick as he explores the historical data that proves significant pullbacks are not only common but expected in an average year.
I'm thinking about retiring next year, so what should I do before I leave work? On this week's Get Ready For The Future Show, we're answering YOUR questions!
When should I claim Social Security? As early as possible? What should I ask when meeting a financial advisor? And what should I watch out for? Is it a smart play to invest in Variable Universal Life?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 4/10/2024
Inflation data for March sparked alarming headlines, but is it really as bad as it seems? In this Fastest Four, learn why the 0.4% monthly increase and 3.5% annual inflation rate aren't drastically higher than expectations!
If I received a decent chunk of money, such as $25,000, what would be the most efficient way to invest? On this week's Get Ready For The Future Show, we're answering YOUR questions!
What are your thoughts on gold IRAs? What should we do about taking care of a parent who's in retirement when we want to retire in our mid-50s? How should I invest extra cash I'm likely to use in the next 10 years?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 4/3/2024
In this week's Fastest Four Minutes in Finance, get ready to maximize your retirement savings with last-minute IRA contributions before the 2023 tax filing deadline on April 15th. Whether you're a high earner or have a spouse with earned income, Scott guides you through the strategies to supercharge your retirement savings while potentially reducing your tax burden.
Should I be worried about a housing crash in 2024? On this week's Get Ready For The Future Show, we're answering YOUR questions!
I inherited $350k in checking accounts - do I have to pay taxes on that? At 62 and $1 million in a 401(k), should I be converting that to a Roth IRA? Do I need to invest more if my government pension looks like it would meet my retirement needs?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 3/27/2024
In this episode of The Fastest Four, Scott discusses the futility of relying solely on economic predictions for investment decisions. He highlights how even amid dire predictions during the pandemic, the S&P 500 Index has delivered a remarkable 133.9% cumulative return since March 2020. Learn why keeping a cool head and sticking to your investment strategy can help you navigate market fluctuations and reach your financial objectives, regardless of predictions.
What should be our strategy so my husband and I can travel in retirement, live comfortably, and leave a good sum to kids and grandkids? On this week's Get Ready For The Future Show, we're answering YOUR questions!
I know LTC (long-term care) coverage is expensive, but should I get it anyway? What's the difference between a fixed and variable annuity? What are the parameters for backdoor Roth contributions?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 3/20/2024
Disclosures:
All investing involves risk including loss of principal. No strategy assures success or protects against loss. Diversification does not protect against market risk.
Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.
Riders are additional guarantee options that are available to an annuity or life insurance contract holder. While some riders are part of an existing contract, many others may carry additional fees, charges and restrictions, and the policy holder should review their contract carefully before purchasing. Guarantees are based on the claims paying ability of the issuing insurance company.
Contributions to a Roth vehicle offer tax deferral on any earnings in that account. Qualified withdrawals of earnings from the account are tax-free. Withdrawals of earnings prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Limitations and restrictions may apply.
Is the US stock market more "top-heavy" than in a century? With the 10 largest stocks comprising 33% of the S&P 500's value, some analysts predict a major correction, though historical data suggests concentrated markets often lead to strong returns. Don't miss these expert insights on reading the top-heavy market signals, avoiding emotional investing mistakes, and staying on track toward financial independence through bull and bear markets.
How could a part-time job or side gig impact my retirement plan? On this week's Get Ready For The Future Show, we're answering YOUR questions! When should I look at when claiming Social Security? How do I know if I'm saving enough? I thought I was okay, but what if there's another big market downturn?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 3/13/2024
In this week's Fastest Four, we explore the fascinating relationship between the stock market and presidential elections. Discover how the market typically performs during election years, whether the incumbent's party matters, and what the current market trends suggest about the upcoming Biden-Trump rematch. Learn valuable insights from historical data, including the impact of Super Tuesday results and how the market has reacted to each candidate's probability of winning. Don't miss this insightful analysis on navigating your investments during this pivotal election year. Stay informed and make data-driven decisions for your financial future.
I'm 51 and have $750k with an advisor, but I don't really have a plan and I'm worried I don't have enough! On this week's Get Ready For The Future Show, we're answering YOUR questions!
I have NO idea where I stand when it comes to retirement. How do I get things in order and figure that out? After inheriting nearly a million dollars in an IRA, do you have advice for taxes and getting it out in 10 years?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 3/6/2024
Are you concerned about the future of Social Security and whether it will be available for you in retirement? We've got insights on the "You Earned It, You Keep It Act" – a proposed legislation to eliminate federal taxes on Social Security benefits.
I'm 54 and recently divorced. What should I be doing with my money? On the Get Ready For The Future Show, we're answering YOUR questions! My company switched to a Cash Balance plan. Should I invest less in bonds in accounts I control? Should we roll over large amounts into a Roth for the next 20 years? Does my wife, a full-time mom, also need life insurance?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 2/28/2024
A new survey reveals Americans know shockingly little about Social Security and their retirement income plans. 41% flunked a Social Security quiz, getting less than 55% correct. Only 20% say their plans account for inflation/market volatility. 63% think their retirement income will run out in 20 years or less. We're walking you through the key takeaways from the survey and how to right the ship in this week's Fastest Four Minutes in Finance.
My wife and I are looking to hire a financial advisor. Should we move around our investments first? How do you know when it's time to switch from Roth contributions to pre-tax? I have $2 million in savings, but how do I know if it's enough to maintain my lifestyle in retirement?
We're answering YOUR questions! And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 2/21/2024
Don't believe the recession hype! New data shows consumers are feeling more confident about their finances than they have in years. In this episode of Fastest 4 Minutes in Finance, Financial Advisor Scott Inman breaks down the latest University of Michigan Consumer Sentiment survey.
Should I pay an extra $500 on my student loans, a Roth, or split it?
We're answering YOUR questions on the Get Ready for the Future Show!
How can I help my father set up a retirement plan as a small business owner? My wife and I own a small business and are feeling pretty comfortable. What should we do next? Can I count my commercial building loan payment toward my retirement savings rate?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 2/14/2024
In this week's Fastest Four, we break down the January inflation data that rattled stocks this week and caused a swing in the major indexes. See where the biggest inflows and outflows were last month among asset categories like bonds, large-cap, and small-cap funds. Get insights into investor behavior and how to position your portfolio to benefit from potential market leadership changes in 2024.
How should I deal with short-term savings? Should I max out my 401(k) in the first quarter or spread it out over the year? Does the bank own my mom's reverse mortgage after she died? What are the best retirement options for the self-employed?
We're answering YOUR questions! And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 2/7/2024
Consumers have absorbed almost 3 years of high inflation, yet demand for luxury goods is still strong. What's driving consumer confidence and spending? We break down the data on sentiment, credit card debt, big-ticket purchases, spending on goods vs services, and what it means for the economy and your investments on this week's Fastest Four.
I've got an old pension from a previous job. Should I move it to my current 401(k)?
We're answering your questions! Should we try and fund our 3-month emergency fund up to 6 months, or max out our IRA contributions? What should our next steps be toward our "forever home?" Do millionaires really only have 3-6 months of expenses in cash?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/31/2024
Does political preference impact stock performance? History says NO! On this week's Fastest Four, we're looking at the data showing the stock market performs well overall during election years (regardless of who wins), average returns are positive 100% of the time when the incumbent president runs again, and more on why you should stay invested based on your financial goals, not politics.
How do I make my wife feel wealthy when she says I make her feel broke? How can I help my mom gift some stocks to her church? Should I just leave my old 401(k) plans at my old jobs? How do I repair my retirement savings after my divorce?
We're answering YOUR questions! And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/24/2024
Disclosures:
A Roth IRA offers tax deferral on any earnings in the account. Qualified withdrawals of earnings from the account are tax-free. Withdrawals of earnings prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Limitations and restrictions may apply.
Traditional IRA account owners have considerations to make before performing a Roth IRA conversion. These primarily include income tax consequences on the converted amount in the year of conversion, withdrawal limitations from a Roth IRA, and income limitations for future contributions to a Roth IRA. In addition, if you are required to take a required minimum distribution (RMD) in the year you convert, you must do so before converting to a Roth IRA.
The S&P 500 just hit a new all-time high for the first time in over 2 years! But history shows this could just be the beginning of a longer run. Data shows the index has averaged 14% gains 1 year after breaking long high droughts. We're breaking it all down on this week's episode of The Fastest Four Minutes In Finance.
The weather outside was frightful! We couldn't make it to the studio this week, so we're here with an encore presentation of our show debunking Dave.
Ramsey Solutions has done a lot of good for a lot of people searching for financial independence. And we agree with many of their philosophies! But recently, Dave gave some investment advice that was just plain wrong and you've got some questions about it!
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/3/2024
A new retirement account is here! Learn all about Pension-Linked Emergency Savings Accounts (PLESA) in this episode. We explain how the SECURE Act 2.0 created PLESAs in 401(k) and other employer retirement plans in 2024.
I've driven myself to distraction trying to understand my upcoming retirement! Is it okay for me to leave my 401(k) at my previous employer? How should I handle the money I recently inherited from my father? What do I need to know about converting pre-tax money to a Roth option?
We're answering YOUR questions! And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/10/2024
The "Magnificent 7" stocks like Apple and Tesla soared in 2023, but data shows 75 other lesser-known stocks have strong growth potential in 2024. Learn why the broader market may outperform the big tech names this year. In this episode, we cover the stock market outlook for 2024, earnings growth forecasts, S&P 500 index performance data, and investment opportunities outside the common big tech stocks.
Ramsey Solutions has done a lot of good for a lot of people searching for financial independence. And we agree with many of their philosophies! But recently, Dave gave some investment advice that was just plain wrong and you've got some questions about it!
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 1/3/2024
With the Federal Reserve likely to cut interest rates in 2024, what does history show about how the stock market reacts to rate cuts? This week we take a look at stock market returns after the last 9 Fed rate cut cycles going back to 1970. On average the market is up slightly between the final rate hike and first cut, but returns have been mixed 6-12 months after cuts begin. So what does this mean for you? Find out in this week's episode of the Fastest Four Minutes in Finance!
We're rounding out the year with an encore of our most popular show of 2023. In this episode, you'll hear YOUR questions: How will I know if the market really has gone crazy? I'm a millionaire, so where do I go from here? Should I use my bonus on my employer plan or mortgage? What do you think about "Deferred Compensation Plans?"
And if you would like a question answered on the show, give us a call at 501.381.5228. Or send us an email to show@getreadyforthefuture.com.
Originally aired 9/6/2023
Ring in the new year by discovering the top 10 best places to retire in 2023 according to U.S. News and World Report. You may be surprised to learn that Pennsylvania dominates the rankings, with 7 cities making the cut. Find out why historic towns like Lancaster, Reading, Scranton, and more offer affordability, great healthcare, low taxes, and fun leisure activities. We countdown from 10 to 1 on this week's episode of the Fastest Four Minutes in Finance!
Should my HSA dollars be invested in high growth? How can I better understand my risk tolerance? If I'm retiring soon, what questions should I be asking my advisor? Invest more in pre-tax or Roth?
We're answering YOUR questions on the Get Ready for the Future Show. And if you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or email your question to show@getreadyforthefuture.com!
Originally aired 12/20/2023
The Dow Jones Industrial Average recently reached a new all-time high after a swift 15% two-month climb. Historical data shows the index tends to see positive returns 71% of the time over the following year after breaking records. With investors optimistic the Fed may cut rates in 2023 and a potential recession dodged, could this Santa Claus rally be just getting started? Tune in to hear analyses of the Dow's milestone, what market indicators may forecast, and whether analysts forecast the bull run continuing through 2024.
If I can buy my employer stock at a discount, should I max out my contribution? Saving 31% as an Army officer and planning to retire in 4 years - should I change anything? Are CDs a better option than brokerage for the next 6-12 months? Accumulated almost $900k and wondering if I'll be okay when my wife and I retire in 2-3 years?
These are YOUR questions! And if you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or email your question to show@getreadyforthefuture.com!
Originally aired 12/13/2023
The IRS retirement rules around Required Minimum Distributions (RMDs) are an absolute trainwreck. They changed the ages, the exceptions, and even the penalties. This week, we lean on the wisdom of retirement tax consultant Ed Slott so you don't accidentally skip an RMD and get slammed with a 25% penalty. We'll explain the new RMD ages, inherited IRA 10-year payout rules, and key exceptions you need to know. Even some advisors are confused, so whether you're retired already or have an inherited IRA, don't miss this. It could save you thousands in penalties down the road!
Does it change things, financially, if we just had a kid in our 40s? We're answering your questions on the Get Ready for the Future Show! Should my wife and I boost savings or contributions if we both have pensions? Help - contributions limits confuse me! What options do I have to prepare for health expenses?
If you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or email your question to mailto:show@getreadyforthefuture.com!
Originally aired 12/6/2023
Stocks rallied almost 9% in November - does that make a Santa Claus rally more or less likely? In this episode of the Fastest Four Minutes in Finance, we analyze the historical data on December and end-of-year stock market performance and break down the numbers and trends evaluating whether stocks could keep rising into 2023.
I'm 35 and still renting. Is that throwing away money, especially with interest rates being so high? My mom is 62 and I'm 32. How should I prepare if I need to take care of her? What's the difference between a money market account and a money market mutual fund? How do I talk with my husband about money when he hates discussions about finances?
These are YOUR questions! And if you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or email your question to show@getreadyforthefuture.com!
Originally aired 11/29/2023
Bonds are making a comeback! This week we're focusing on fixed-income investments and why the outlook is improving for bonds in 2023. With the Federal Reserve's rapid rate hikes over the past two years, bonds took a hit. But with rates potentially peaking, the outlook for fixed income is turning positive!
Should we start making additional principal payments on our 30-year mortgage or put that money toward investing? On the Get Ready for the Future Show, we're answering YOUR questions! What's the difference between brokerage and UTMA if I want to pre-pay future child expenses? Is it better to max out my HSA or Roth 401(k) first? Is my friend's pawn shop a good indicator of the economy?
And if you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or email your question to show@getreadyforthefuture.com!
Originally aired 11/22/2023
It's the Thanksgiving edition of the Fastest Four Minutes In Finance! We have so much to be thankful for around our office, especially you! This week we're sifting through the noise that says that you shouldn't be in the market right now because of the uncertainty. Don't let headlines dictate your demeanor on the markets as we head into the last few weeks of the year, it could cost you! Learn more in this week's episode.
Do Target-Date Funds hinder my potential? I'm nervous about the market and indexed annuities seem less risky - what are some safe options for me? Should I lower my employer plan contribution in favor of more Roth dollars? What's the best way to fund my HSA?
These are YOUR questions! And if you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or email your question to show@getreadyforthefuture.com!
Originally aired 11/15/2023
Recent economic data suggests recession odds are decreasing. Small caps and tech stocks rallied on hopes of a Fed pivot, but growth potential remains beyond mega-cap stocks. This week we break down the latest inflation, jobs, GDP numbers, and what they mean for the markets going forward.
How can I lessen the tax burden as the beneficiary of a trust? We're answering YOUR questions! As a military couple, is buying a house and renting it when we move a reasonable option? At age 32, am I contributing too much to my retirement plans? Are there disadvantages to making backdoor Roth contributions?
If you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or send your questions to show@getreadyforthefuture.com!
Originally aired 11/8/2023
It's beginning to look a lot like Christmas, even though it's still early November! Retailers are gearing up for what's predicted to be a record-high spending holiday shopping season. But don't let the big numbers fool you - the growth rate is slowing. In this episode, we break down the holiday sales forecasts and what they really mean for the economy. With inflation high and consumers tapped out, experts predict holiday sales will grow at the slowest pace in years. Get the full data analysis and find out what it means for your personal finances heading into the new year.
Do you want to move to a cabin in the mountains when you retire? What should your strategy be? How can I help my family work through financial matters with the passing of my dad? If I'm trying to save more, should I go with something like brokerage or CDs? What questions should I be asking a financial advisor? Should I pull back from investing to attack my debt?
We're answering YOUR questions! And if you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or send your question to show@getreadyforthefuture.com!
Talking Cents 116: Inheritance Basics
Originally aired 11/1/2023
Don’t let the frightening finance headlines scare you! We're sorting the facts from fear in less than 4 minutes. We examine the uneasy consumer spending trends, core inflation that refuses to die, potential WeWork bankruptcy haunting real estate, and signs suggesting brighter days ahead for stocks. When fear abounds, focusing on key indicators can help investors tell tricks from treats.
Is 33% of my portfolio in my company's stock too much? I'm getting discounted options.
We're answering YOUR questions on the Get Ready for the Future Show!
My wife and I have a couple of investments, but no Roth dollars - do we do conversions or are there other options? At 39, do I have too much money invested in my HSA? How do I minimize the tax impact of my inherited IRA?
If you would like a question answered on the show, call 501.381.5228 and leave a voicemail! Or send your question to show@getreadyforthefuture.com!
Originally aired 10/25/2023
Is the economy headed for a recession or continuing to grow? Predictions are all over the map. In investing, the lesson is not to try and time based on predictions. They'll eventually be right, like a broken clock. But your strategy should be long-term, based on when you need your investments. Don't let the broken recession clocks make you make bad decisions.
Did your net worth drop with the markets and you're scared? How do T-Bills compare to Money Market Funds? How does rental income factor into a retirement plan? What do you recommend for me as a freelancer for an S Corp?
We're answering YOUR questions! And if you would like a question answered on the show, reach out to 501.381.5228 and leave a voicemail! Or send your question to show@getreadyforthefuture.com!
Originally aired 10/18/2023
Many investors are playing it too safe and missing out on returns. Over the past year, the stock market is up over 20% while money has poured into low-yield investments.
This video looks at how negative perceptions of the economy have caused people to miss out. History suggests second year bull markets often continue rising, though with volatility.
When you start investing, going it alone might be okay. But when should you start working with a financial advisor? And how do you know which one is right for you?
We're answering YOUR questions on the Get Ready for the Future Show!
I'm hiring my first few employees. What are some low-cost benefits I can offer? Can I live off savings when I near retirement to lessen my tax burden? Does my target-date fund need to line up with when I'm retiring?
If you would like a question answered on the show, call 501.381.5228 and leave a voicemail! Or send your question to show@getreadyforthefuture.com!
Originally aired 10/11/2023
In this week's Fastest Four Minutes in Finance, we're taking a closer look at the financial impact of the recent conflict between Israel and Hamas. We'll show you the relationship between geopolitical events and the market, and explore how this could potentially impact you and your financial independence.
We see you working hard toward your goals (go you)! Should you start an LLC? We're answering YOUR questions. In this episode: the best way to maximize benefits from side gigs, options for building and leaving your financial legacy, and what type of account should you prioritize if you retire early.
And if you would like a question answered on the show, give us a call at 501.381.5228 or send us an email at show@getreadyforthefuture.com.
7 Steps for Financial Independence: getreadyforthefuture.com/steps
Originally Aired 10/04/2023
It should come as no surprise that the stock market was knocked off course at the end of the 3rd quarter. So what does that mean for investors in the last quarter of 2023? Will the market hold its course or will it gain some much needed momentum? On this episode of The Fastest Four we're breaking down the recent market ups and downs, chatting about sector highlights, and sharing some market insights from LPL Research.
It's NEVER too late to start saving - you might just need to adjust how! We're answering YOUR questions in this episode: what to do if you're reaching the contribution limit on your Roth IRA, choices to make while investing and saving for a house, how to save for retirement if you get started late in life, and how money market funds work.
And if you would like a question answered on the show, give us a call at 501.381.5228. Or send us an email to show@getreadyforthefuture.com.
Originally aired 9/27/2023
Buckle up, we're diving into what a potential government shutdown means for you and your money. Learn about the nitty-gritty of a government shutdown, like which important services stay open and how it might affect your investments. We're also talking about how the stock market usually reacts so you can make informed decisions without breaking a sweat.
So you want to retire somewhere tropical, but the housing market has you questioning whether now is the right time or not to buy. These are YOUR questions we're answering in this episode:
- Do backdoor Roth conversions count as contributions?
- What should I do with my money if I'm scared to do anything?
- Should I diversify if my compensation and employment are tied to the stock market?
And if you would like a question answered on the show, give us a call at 501.381.5228. Or send us an email to show@getreadyforthefuture.com.
Originally aired 9/20/2023
There are surprising reasons why an increasing number of Americans are considering delaying retirement or even coming out of retirement. It's not just about the money! Discover the key reasons behind this trend and gain valuable insights into planning for your own retirement. Don't miss this important discussion about financial readiness, emotional preparedness, and the importance of having a plan for your post-career life.
You're switching jobs and worried you may accidentally over-contribute to your 401k this year. How do you keep track? And what happens if you DO contribute too much?
We're answering your questions! Is there a good rule of thumb for sinking funds? Can I reduce the tax burden for an inherited IRA? Should I go PPO (Preferred Provider Organization) or HDHP (High Deductible Health Plan) if my employer offers both?
And if you would like a question answered on the show, give us a call at 501.381.5228. Or send us an email to show@getreadyforthefuture.com.
Fastest Four: Contribution Limits for HSA
Originally aired 9/13/2023
Being "average" may not get you much in life, but in your financial goals, it might just be a winning approach. Discover the reasons behind rising energy and rent prices, as well as their impact on core inflation and why average should be what you're shooting for when it comes to returns in your portfolio.
You've reached a major milestone in your financial journey…but what now? We're answering YOUR questions:
- How will I know if the market really has gone crazy?
- I'm a millionaire, so where do I go from here?
- Should I use my bonus on my employer plan or mortgage?
- What do you think about "Deferred Compensation Plans?"
And if you would like a question answered on the show, give us a call at 501.381.5228. Or send us an email to show@getreadyforthefuture.com.
Originally aired 9/6/2023
Changes are coming to Health Savings Accounts (HSAs) in 2024! Contribution limits are increasing, making it an even more tax-advantaged way to prepare for healthcare costs in retirement, especially if you're in your pre-retirement years. We're talking about why investing your HSA contributions can be a smart strategy to save thousands of dollars in taxes and help build true financial independence. Don't miss this essential financial insight!
Do you ever find yourself thinking "what's up with the economy" or "why is everyone talking about a recession?" This is a special episode of the Get Ready for the Future Show, recorded live from our event with LPL Financial's Chief Economist Jeffrey Roach. He shared some valuable insights about the market, recession potential, and more!
Originally recorded 8/22/2023
Where are investors turning in the midst of economic uncertainties? It seems like they're turning to Money Markets. The assets in Money Market funds have skyrocketed to a staggering $5.6 trillion, marking an unprecedented all-time high and an 18% surge since the beginning of the year. LPL Financial's insightful charts reveal the continuous inflow of capital into these funds over the past year, depicting a preference for stability amid market fluctuations. But Is this the right move to make? We're talking about it on this week's episode of The Fastest Four Minutes in Finance!
Are you looking at unused vacation time you're looking to take advantage of before you retire? What should you do with it?
We're answering YOUR questions on the Get Ready for the Future Show! How much should you invest in annuities and how much income will that generate? If my spouse is now a stay-at-home parent, do I need a separate "spousal IRA?" And do target-date funds get too conservative too soon?
If you want your questions answered on the show, leave us a voicemail at 501.381.5228 or email show@getreadyforthefuture.com!
Originally aired 8/23/2023
According to most economists, the U.S. is still headed toward a recession. But like everything in life, the details matter. How long and how bad is the recession predicted to be? On this episode of The Fastest Four we chat with special guest, LPL Financial Chief Economist, Jeffrey Roach and get his opinion on what investors should expect and what it could mean for them in the long term.
Financial decisions have the potential to impact not only your current life but your future as well! In this episode we've got questions about:
- Anxiety in a down market
- Selling rental property to pay off a home
- Pensions and 401k contributions
- Concerns about fees in an employer plan
These are YOUR questions we're answering in this episode. And if you would like a question answered on the show, give us a call at 501.381.5228.
Originally aired 8/16/2023
The 2023 stock market rally has hit a snag, raising questions about its continuation. Join us as we analyze the recent slowdown in the S&P 500 Index's impressive 15% year-to-date climb and explore potential pullback scenarios. Gain insights on navigating market volatility and the historical context of pullbacks, helping you make informed decisions amidst uncertainty.
So, your parents haven't necessarily made the wisest decisions with their money, and now they're retiring. How do you help them without hurting yourself? In this week's Get Ready For The Future Show, we're answering YOUR questions! You'll learn:
- How to make tough decisions and have difficult conversations to protect your financial future
- How to know when you should claim your Social Security Benefit
- What your options are for orphaned 401ks and how to know which is right for you
And if you want your questions answered on the show, leave us a voicemail at 501.381.5228!
Originally aired 8/9/2023
On this week's episode of The Fastest Four Minutes in Finance, we explore July's job report, dissecting signs of softening the labor market while decoding the Federal Reserve's rate hike signals. Dive into market volatility and secure your spot for an exclusive event featuring Chief Economist Dr. Jeffrey Roach on August 22nd. Gain insights, answers, and a long-term perspective.
You've got questions and we've got answers! In this episode, we're tackling: What do I do if I've been in the FIRE movement, but don't have a plan? I inherited a large sum of money and am curious about taxes and what to do with it? I have a large net worth, but I'm not sure how that plays into retirement? What is the impact of inflation on my 401(k)?
These are YOUR questions we're answering in this episode. And if you would like a question answered on the show, give us a call at 501.381.5228.
7 Steps to Financial Independence
Originally aired 8/2/2023
Morningstar just released a new study entitled "Mind The Gap" revealing how the average fund outperformed the average investor by 1.7% annually over the past decade. Join us in this week's episode of Fastest 4 Minutes in Finance as we explore the impact of market timing on investment returns and the crucial role of behavioral finance. In This Episode: - why it's not about timing the market, but time IN the market. - how emotions influence investment decisions - how financial advisors bring objectivity to help you avoid costly mistakes Plus, get expert tips on crafting a stable retirement income strategy to secure your financial future. Watch now and stay ahead in the game of investing!
Should my husband and I max out our Roth or buy a new house? How should I work into my plan the financial "leftovers" when I'm gone? What should I plan for when it comes to rising healthcare costs?
We're answering the questions YOU have on your journey to true financial independence! And if you would like a question answered on the show, give us a call at 501.381.5228.
Originally aired 7/26/2023
Stay informed about crucial legislative changes affecting your retirement in this week's episode of the Fastest 4 Minutes in Finance with Scott Inman. Discover how the SECURE 2.0 Act, signed into law last year, impacts 401k catch-up contributions for higher earners, learn about the potential benefits of Roth 401k investments and plan ahead for the proposed changes to Social Security, including a potential increase in the full retirement age to 69.
So, you're maxing out your retirement contributions... congratulations! But how do you know if it's enough? And, what's your next step? On this episode of the Get Ready for the Future Show LIVE, we're answering YOUR questions! You'll learn:
-
How to invest if you'll be able to primarily live off of guaranteed income in retirement
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Questions you should ask if you're looking for a new advisor
-
How to bounce back from past financial mistakes
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
Originally Aired: 07.19.2023
Recent cooling inflation data had an impact on the potential Fed rate hike expectations and the June CPI report shows a slowdown in core inflation which has implications for the US dollar and the overall economy. What should you make of these ups and downs? We cover it all in this week's edition of The Fastest Four Minutes In Finance!
Originally Aired: 07.19.2023
I hear a recession is coming - what should I do to not run out of money? How do I know if my new job's employer plan is beneficial to me? Did I make a mistake putting money into my small business instead of retirement and is it too late for me?
These are YOUR questions we're answering in this episode. And if you would like a question answered on the show, give us a call at 501.381.5228.
7 Steps to Financial Independence
Originally aired 7/12/2023
The June inflation data reveals a slower annual increase in prices since March 2021, suggesting a return to a more normal inflation rate. While some sectors continue to experience rapid price rises, such as the shelter index, #energyprices have seen a significant drop. The Fed remains cautious and hints at future rate hikes, aiming to achieve their preferred inflation rate of 2% and considering other factors like the labor market. But where are inflation rates headed? No one really knows for sure. Join us on this week's edition of the Fastest Four for more!
We're answering these questions from you, the listener, in this episode:
- What are some pros and cons of Indexed Universal Life Insurance?
- How do I know if I've saved enough if I'm nearing retirement and don't want to change my lifestyle?
- What's your opinion on annuities and how do they fit into a retirement plan?
- Is it wise for me and my husband to build our dream home?
And if you would like YOUR questions answered on the show, give us a call at 501.381.5228!
Originally aired 7/5/2023
In this week's Fastest Four Minutes in Finance, GenWealth Financial Advisor Scott Inman explores insights shared by national retirement experts' 11th annual "Inside Retirement" report as they go beyond investments and unveil crucial factors for a secure retirement. From longevity risks to changing family dynamics, find out what it takes to build a comprehensive plan that transcends traditional strategies.
Is it really beneficial to work with a financial advisor? And what should you do if you inherit money from a loved one? Will this tech rally keep up steam? And how do you protect your clients' identity and money?
These are YOUR questions we're answering in this episode. And if you would like a question answered, give us a call at 501.381.5228.
7 Steps to Financial Independence
Originally aired 6/28/2023
In this week's Fastest Four Minutes in Finance, guest host John Shrewsbury shares a new study by BlackRock and the bipartisan policy center whose findings align with GenWealth's retirement investment strategies and provide clarity on retirement planning, addressing concerns about running out of money in retirement. The study emphasizes the importance of a comprehensive retirement income approach that considers multiple risk factors to achieve financial objectives.
If my wife and I are maxing out our 401(k) contributions, what should we do next? Should I keep my paid-up universal healthcare policy? What are the pitfalls of investing in gold? What do I need to know about REITs (Real Estate Investment Trusts)?
We're answering YOUR questions in this episode of the Get Ready for the Future Show!
And if you have questions you would like answered in the show, give us a call at 501.381.5228.
Originally aired 6/21/2023
In this week's Fastest Four Minutes in Finance, guest host John Shrewsbury reveals surprising insights about the current state of the markets and the economy. Despite negative predictions, the S&P 500 has shown strong returns and there are indications of further growth. He discusses key factors and indicators that suggest a positive outlook for the markets, however, he also highlights potential risks and emphasizes the importance of a long-term perspective and critical evaluation of market punditry.
Minimizing taxes, different types of investment accounts, and questions to ask an advisor - these are the questions we're answering in this episode:
- In trying to minimize taxes in retirement, what "gotchas" should we look out for?
- Can I contribute to my employer plan AND an IRA?
- My old advisor only wanted to sell me products. What should I be asking a new advisor?
- I'm a 1099 and my accountant recommended a SIMPLE. What do you think?
And if you would like YOUR questions answered on the show, give us a call at 501.381.5228!
Originally aired 6/14/2023
Join us for the Fastest 4 Minutes in Finance as GenWealth Financial Advisor Scott Inman breaks down the latest economic news. In this week's episode, we delve into the recent inflation rate and Fed Funds interest rate releases. Discover how consumer prices are faring, the impact on different sectors, and the Federal Reserve's response. Gain valuable insights into the stock market's performance and the potential for a sustained economic rebound.
Is the 4% rule a good one? I inherited some money, but what should I do with it? How should I invest if I have a variable income? What happens to my accounts if something happens to my advisor?
We're answering YOUR questions!
And if you have questions you would like answered in the show, give us a call at 501.381.5228!
Originally aired 6/7/2023
A bull, a bear, recession, and how much does it really matter? GenWealth Financial Advisor Scott Inman explores the potential of a new bull market and advises on the importance of staying invested for long-term stock market success in this week's Fastest Four Minutes in Finance!
FastestFour #FastestFourMinutesInFinance #economy #marketupdate #marketcommentary #inflation #socialsecurity #income #retirementincome #financialindependence #financialeducation #financialliteracy #genwealthfinancial #genwealthacademy #bullmarket #bearmarket #recession #sp500 #stockmarket #marketupdate #marketcommentary #marketvolatility #longterminvesting #marketanalysis #bullvsbear #stockmarketoutlook #investmentstrategy
We've got straight talk about questions from YOU, the listener! In this episode, we're looking at:
- How can I optimize my portfolio for income and growth while managing risk?
- Is the 60/40 split a good investment mix?
- What should I consider after inheriting my parents' accounts?
- What is FDIC insurance and is my money safe in the bank?
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
Originally aired 5/31/2023
Five months into the year, and we still don’t know which way the economy is really going. We discuss in this week's Fastest Four Minutes in Finance.
FastestFour #FastestFourMinutesInFinance #economy #marketupdate #marketcommentary #inflation #socialsecurity #income #retirementincome #financialindependence #financialeducation #financialliteracy #genwealthfinancial #genwealthacademy
We're answering your questions in this episode, including a great one from our recent Social Security Workshop!
- I'm 62 and receiving a severance package from work. Should I retire now?
- Is Social Security going to be reduced in 2032?
- What happens if the US doesn't raise the debt ceiling defaults?
- Long-term care policies are expensive, so is that something I really need?
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
Originally aired 5/24/2023
It's time to hit the pause button on what we normally talk about on the Fastest Four.
FastestFour #FastestFourMinutesInFinance #MemorialDay #MemorialDayWeekend ##MemorialDay2023 #MillitaryAppreciation #HonorAndRemember #RememberingHeroes #LandOfTheFree
Answering your questions on the show, in this episode we're looking at:
- How can I determine if I've saved enough to support my lifestyle in retirement?
- I have a life insurance policy through work, but is it enough?
- Can selling my small business cover my retirement?
- In planning for retirement, what should I be asking a financial advisor?
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
Talking Cents Ep. 101: How to Save for Retirement While Running a Small Business
Originally aired 5/17/2023
Inflation is being blamed for Americans reaching a record high in credit card debt, and it’s catching up with them. In this week's Fastest Four Minutes in Finance, we uncover the rising concern of credit card debt and its impact on Americans.
You can also check out our recent interview with Yahoo! Finance!
We're answering these questions from you in this episode:
- Mistakes to avoid when planning early for retirement
- Can my adopted grandchildren get some of my social security?
- Do I really need a budget?
- How can I overcome inflation if I'm not actively getting a paycheck?
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
Originally aired 5/10/2023
Is the latest inflation data released this week good news or bad news for the market? That’s the subject of this week’s Fastest 4 Minutes in Finance!
genwealthfinancial #scottinman #fastestfourminutesinfinance #finance #marketupdate #marketcommentary #retirement #investing #financialadvisor #financialadvisors #financialeducation #financialliteracy #inflation #consumerpriceindex #cpi #energyprices #foodprices #shelterindex #stockmarket #economy #useconomy #federalreserve #interestrates
We're hitting three big questions this week from listeners like you:
- What adjustments should I make to my retirement strategy?
- How can I prepare for higher medical costs with inflation rising?
- How do annuities fit into a retirement plan?
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
Originally aired 5/3/2023
Here are YOUR questions we're answering in this episode:
- Should I avoid an employer plan if "sucks?"
- Is it ever wise to sell in a market upswing?
- Should we pay off our mortgage or build our dream home?
- What's the deal with reverse mortgages?
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
For more information on reverse mortgages, visit HUD.gov.
Originally aired 4/26/2023
We're answering these questions from you in this episode:
- Taxes in retirement
- Employer plans for small businesses
- The right way to claim Social Security
- Employer plan or IRA?
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
Originally aired 4/19/2023
In this episode, we're tackling your questions about:
- • Are REITs (real estate investment trusts) good for your portfolio?
- • Inflation and volatility when nearing retirement
- • Rising interest rates
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
Originally aired 4/12/2023
We're starting a new format where we're answering questions directly from you, the listener! In this episode, you'll hear questions about:
- Retiring into a down market
- What to do with inheritance money
- Investing when you have inconsistent income
And if you would like YOUR questions answered in the show, give us a call at 501.381.5228!
Originally aired 4/5/2023
If you're a Star Trek fan, you know Mr. Spock's famous phrase, "Live Long and Prosper." We all hope for a long life and financial independence for a comfortable lifestyle. However, without proper planning, this hope may remain an unfulfilled fantasy. Today's Get Ready for the Future show discusses how a long life can create retirement problems. Lauren Mitchell, VP of Annuity Solutions at LPL Financial, joins us.
Originally aired 3/29/2023
We're kicking off this episode with an update on the recent bank fiasco with Silicon Valley Bank (SVB). From there, we're looking at your odds of a successful retirement. And how to stack those odds in YOUR favor.
Originally aired 3/15/2023
Everybody wants to go to Heaven, but nobody wants to go now. And nobody wants to discuss their death. But an estate plan is an essential part of your plan if you intend to pass along what you've worked so hard to achieve! In this episode, we're joined by estate planning attorney Chris Rippy who shares his insights on what estate planning can do for you!
You can find more information on Chris and his firm on their website for Rippy, Stepps, & Associates.
Originally aired 3/8/2023
You've probably experienced at some point - or right now - the pit in your stomach as the market takes a downward turn. There's the urge to move to cash until the market is more "stable." In this episode, we're discussing the dangers of making those kinds of emotional decisions and the importance of having a plan. And sticking to it!
Originally aired 3/1/2023
What’s your greatest fear? A survey by Zety found that 40% of Americans cite retirement as a fear worse than death. We fear what we don't know! But the antidote to fear is education. In this episode, we’re leaning on our experience and helping you address these very real fears! We’ll break down 3 scary concepts of financial planning and how you can work to overcome them.
Originally aired 2/22/2023
According to Ally Invest, about 61% of adults say they find #investing in the #stockmarket to be “scary or intimidating"... and this trend is getting worse with younger generations Millennials feel significantly more intimidated than Baby Boomers or Generation X. In this show, we’ve got 5 Bombshell truths about the market!
Long-term care (LTC) planning is an important part of #financialindependence and security in #retirement. LTC includes creating a plan to provide care for yourself or a loved one in the event of a medical disability or terminal illness.
While a well-crafted plan can help you and your family cope with
unexpected complications, there are several potential pitfalls to avoid when planning for long-term care.
In this episode of the Get Ready for the Future Show, we’re giving you reasons your plan for LTC may not work... and what you can do to prevent them!
It’s probably fair to assume that most of us want to live a long life! Many believe they will die sooner rather than later, whether due to family history, work history, or other factors. In this episode of the #getreadyforthefutureshow, we're talking all about how to plan for your golden years without worrying they’ll go dull.
DIY could spell disaster for your financial independence. Do-it-yourself projects have long been thought of as something commendable. And really, they very much can be! But there are some things you just shouldn’t DIY… and your financial plan is one of them. Why? We’ll tell you all about it on today’s Get Ready For the Future Show!
Pre-retirees looking to improve their financial plans should understand that there are three main factors that have the biggest impact on financial independence in retirement.
So what are they? Find out in this week's episode of the Get Ready For The Future Show!
Talk of a recession on the horizon is swirling, and it's got many people feeling uncertain about their future! But on today's show, we want to talk about how to make your retirement recession-proof. We also have a special guest, LPL Financial's Chief Economist Jeffrey Roach, to help talk us through the buzz around a recession.
Originally aired 1/11/2023
With "New Years' Resolutions" having over a 90% failure rate, you don't want another resolution. You want a REVOLUTION for your finances! We're kicking off 2023 with three steps to make this year YOUR year for financial independence!
Originally aired 1/4/2023
We've got an encore presentation of our most listened-to episode of 2022!
As one of life's certainties, taxes can be one of the most complex aspects of your retirement journey. What taxes you pay, and how much, after you retire depends on your income. We're going to cut through some of the confusion on today's show to help you account for taxes in retirement!
Originally aired 2/16/2022
Part of our mission statement is "leaving a legacy for generations to come." That sounds great! But what does it take to get there? We've got the straight talk you need to know about generational wealth in this episode!
Originally aired 12/21/2022
What income streams do you have that will never run out in retirement? Once you know how much guaranteed income you will have in retirement, will that cover your basic expenses? That’s our topic in this episode! And joining us again from our partners at LPL Financial is Chief Economist Jeffrey Roach!
Originally aired 12/14/2022
From not contributing enough to their account, to letting their investments sit idle, many people fall into habits that can be detrimental to their long-term financial well-being. We've got tips in this episode on how to avoid these pitfalls and make the most of your 401(k) on your journey to financial independence!
Originally aired 12/7/2022
Identity theft is not a joke. Your personal information is a valuable commodity. And knowing how to protect your financial and online identity is extremely important! Luckily, we've got everything you need to know to protect yourself in this episode!
Originally aired 11/30/2022
Whatever retirement looks like for you, it can be a scary concept! But in this episode, we're talking about three risks that could put your financial independence at risk and how we recommend you cover your assets that you're worked so hard to build.
Originally aired 11/16/2022
Estimates say that about 50% of older adults will need long-term care at some point in their lives; for adults over 65, the odds shoot up to 70%. That means it’s highly likely that at least one person per couple will need this type of help! Today’s show discusses the importance of long-term care and how it can help you purchase dignity and independence in retirement.
Originally aired 11/9/2022
Social Security is foundational to retirement planning, But with around 2,600 rules that govern it, it can be confusing! How can you be sure you're maximizing your benefit? We're giving you everything you need to know about Social Security in today's show!
Social Security Administration website
Originally aired 11/2/2022
It's a spooky edition of the Get Ready for the Future Show! Whether your retirement is over a decade away or getting close, planning is a necessity. And we're using the acronym TRICK to lay out five crucial elements to consider in your retirement plan.
Originally aired 10/26/2022
"How much is enough?" This is a question we’re asked often, especially with market conditions the way they’ve been lately. Does a true "number" exist for most people? Or is it more complicated than that? We discuss all that and more in this episode of the Get Ready For The Future Show!
Originally aired 10/19/2022
Investing can be a risky business, but is it so risky that you shouldn't take part? This episode is all about helping you navigate the uncertainty of the market and helping you better understand the risks you may face both by investing and avoiding investing.
Originally aired 10/12/2022
We get it - planning for retirement can be challenging, even if you start early, have help, and earn a good living! And there are costly mistakes many people make that can throw a retirement wildly off track. So, in this episode, we're covering retirement misfortunes and how to avoid (or recover from) them!
Originally aired 10/5/2022
If you're 5-10 years out from retirement, you're in what we call the Retirement Red Zone. When it comes to football, most teams have a better than 50% chance of scoring when they enter the red zone. For retirement, those are bad odds! In today's show, we're pulling out the playbook for YOUR retirement red zone!
Originally aired 9/28/2022
Many people imagine entering into retirement hand-in-hand with a partner or spouse, but that isn't always the case. While retirement advice can seem similar for couples and singles, there are some important differences. We've got a special guest today who literally wrote a book on aging solo, Carol Marak, to talk about some of these key differences!
For more information on Carol Marak, check out her website: carolmarak.com!
Originally aired 9/21/2022
Not so long ago, there was a time when many Americans felt comfortable planning for a 15 or 20-year retirement. But in recent years, retirement income planning has become much more challenging. In this episode, we're talking about why retirees feel unprotected and what you can do to feel more secure. And to help us out, we're joined by special guest Lauren Mitchell, LPL's Vice President of Annuity Solutions!
Originally aired 9/14/2022
Economic conditions of recent years have highlighted the financial fragility of many American households. So how can you prepare for retirement? Employer plans, like the 401(k), are a powerful tool! And in this episode, we're looking at how the SECURE Act 2.0 can have a big impact with some small changes to retirement plans!
Originally aired 9/7/2022
You can spend years lining up your retirement, assuming everything will stand, only to see it quickly topple. When the dominos fall, the chain reaction can be negative OR positive. In this episode, we're looking at how to set up your dominos so they fall in your favor in retirement.
Originally aired 8/31/2022
A quick scan of advertising about retirement these days is likely to produce a lot of noise about the impact of taxes on the retiree. But much of this advertising promotes fear! What's the antidote to fear? Education! And we're bringing education in this episode to provide some clarity on how taxes impact YOUR retirement.
Originally aired 8/24/2022
Lifestyle. Longevity. Legacy. Liquidity. A critical question in thinking about life after work is whether you want to base your future income on "probabilities" or "safety-first." While there are no hard and fast answers, we're looking at how each of these approaches might play out in your own retirement.
Originally aired 8/17/2022
The constant noise of negative economic news and market volatility can be exhausting! That media fatigue can be a danger to your long-term financial plans. On today's show, we're going to address some of those fears and get some market updates from LPL Research's Chief Global Strategist Quincy Krosby.
Originally aired 8/10/2022
Social Security. Pension. Personal savings. Many financial planners once used the three legs to describe the most common sources of retirement income. But times have changed! Social Security alone won't cut it and pensions are nearly extinct. But in this episode, we're going to look at what should be supporting you in retirement and how we can help!
Originally aired 8/3/2022
It’s GRFTFS at the Movies and yippie-ki-yay… well, you know the rest. It’s financial lessons from Die Hard! You'll learn:
- How to identify a get-rich-quick scheme
- How to stay focused on your goal and avoid altering your plan
- Why Die Hard is (or isn't?) a Christmas Movie
Originally aired 7/27/2022
Current market conditions can feel like you're on a highway to the danger zone. But in today's show, the pattern is full of wisdom from 1986's Top Gun! Stay on our wing as we take you all the way in to land in financial independence.
Originally aired 7/20/2022
Many middle-aged Americans are bringing up children while caring for aging parents. All the while, they're placing their own retirement needs on the backburner. If this is you, we're here to help with some ways to take care of the older and younger generations while keeping you on track for retirement!
Originally aired 7/12/2022
Financial freedom starts with you and it begins with a solid foundation of education! Independence isn't easy - it takes strategy, determination, and often someone to work toward it with you. And with us today to keep you informed with what's going on in the markets is LPL's Chief Economist Jeffrey Roach!
Originally aired 7/6/2022
When you think about retirement, whether you realize it or not, you dream about a life of financial independence. In this episode, we want to highlight a very real problem by telling you a story about a couple whose circumstances are a mixture of true events that can happen to virtually anyone.
Originally aired 6/29/2022
In a world filled with information, where do you turn to get straight talk about retirement, investments, and your money? Join the GenWealth team on the Get Ready for the Future Show, the longest-running financial talk show in Arkansas, where we help bridge the gap between information and application!
Americans love to spend money. And if you're a spender, you're not alone. But we all know saving money is a good habit to have. In this episode, we're going to look at ways to save money even if it's not natural for you.
Originally aired 6/22/2022
The stock market gets sensationalized in the media. EVERYTHING IS BAD! But stocks go up. Stocks go down. Repeat. Volatility is going to happen and how you view it shouldn't be linked to news headlines, but to your plan. In today's show, we're going to try and help you tune out the noise and focus on what this means for you.
Originally aired 6/15/2022
Every couple has that one topic that causes an argument whenever it gets brought up. It could be as small as choosing where to eat or as big as issues with the in-laws. On today’s show, we’re talking all about how seeing a financial planner can change your relationship!
Originally aired 6/8/2022
If you were going on a road trip but didn't know the destination, could you determine how close you are? Or if you're even moving in the right direction? That might seem absurd, but that's how many approach retirement - moving in a particular direction, unsure as to whether or not it will even get them to where they need to go. Today we're looking at how to avoid four of the biggest mistakes on the road to retirement.
Originally aired 6/1/2022
Many potential investors talk about stocks and bonds. Bonds and stocks. But there are more than two asset classes! And the REITs is one we're going to break down for you in today's episode.
Originally aired 5/25/2020
We can't make a lot of guarantees in our industry, but the one guarantee we can make is that market volatility will happen. It's normal. And while it can seem like the end of the world, it's not! And today we're talking about ways to benefit from these downturns.
Originally aired 5/18/2022
Spring is here! Full of storms and pollen. But also cleaning! We're starting the show today with a look into what's going on with the markets and then pulling out the broom and dustpan to help you tidy up your financial house.
Originally aired 5/11/2022
Small businesses of 500 employees or fewer make up 99.9% of all U.S. businesses and 99.7% of firms with paid employees. That's a BIG deal! If you're a small business owner, you’ve put in a lot of blood, sweat, and tears to build your business, and we’re all better off for it! This week we're discussing unique challenges (and solutions!) for business owners trying to secure the future retirement they deserve!
Originally aired 5/4/2020
If you've tried putting together a puzzle only to find that it was missing a piece, it can be the most frustrating thing! What if you get to retirement and realize there are pieces missing? Today we're going over four pieces that you don't want to miss on the road to retirement.
Originally aired 4/27/2022
Many Americans live paycheck to paycheck, worrying if there's going to be more month left than money. If you're one who is living with no financial margin, we want to give you some ways to break out of that cycle so you can build toward financial independence!
Originally aired 4/20/2022
While there's no such thing as free money, getting a refund check that’s worth a couple of thousand dollars can sure feel like it! We know this show is called what to do with your tax return, but we'll also be covering some of the worst things to do with your refund! Catch the straight talk on finance, investing, and how to make the most of your return this year.
Originally aired 4/13/2022
April Fool's Day has come and gone and today we want to give you three things to avoid so that your money doesn't make a fool out of you! We're also joined once again by Ryan Detrick, Chief Market Strategist with LPL Financial, for an update on the markets, what's coming down the pike, and his best April Fool's prank.
Originally aired 4/6/2022
In the world of finances and investments, there is a lot of industry jargon that gets bandied about. But what does it all mean? Today we're talking about QCDs (Qualified Charitable Distributions). What are they? And how can they benefit YOU at the same time as benefitting others?
Originally aired 3/30/2022
Whether your kids are grown, are working their way there, or are some distant idea in the future, it’s safe for us to assume that you want to lay the groundwork and provide a foundation for them to succeed. So, this begs the question: how can you help set up the next generation to win financially?
Originally aired 3/23/2022
We can't talk much about certainties in the financial industry because, well, there aren't many! But we can say with certainty that the market goes up and the market goes down. In today's episode, we're talking all about market madness and how to deal with it, and we're joined by LPL Chief Market Strategist Ryan Detrick.
Originally aired 3/16/2022
You wouldn't go to your mechanic or hairstylist without knowing the cost. And whether it's an attorney or a contractor, you know you're going to pay for the services they provide. We pride ourselves in transparency and on today's show we want to clear up some confusion on exactly how financial advisors get paid and, more importantly, what YOU can expect.
Originally aired 3/9/2022
March is Women's History Month. On our all-female show today, we're looking specifically at how many women approach their financial future. And bonus: we have a special guest! Karen Oeser, author of Mind of Gold: A Girlfriend's Guide to Financial Freedom, has some great resources for women looking for financial freedom.
Financial Literacy for Her
Originally aired 3/2/2022
We're in the middle of what many are calling the "Great Resignation." And if you are among the many who are seeking new opportunities elsewhere, we're talking you through some essential financial decisions you'll need to make!
Originally aired 2/23/2022
As one of life's certainties, taxes can be one of the most complex aspects of your retirement journey. What taxes you pay, and how much, after you retire depends on your income. We're going to cut through some of the confusion on today's show to help you account for taxes in retirement!
If you're 5-10 years from retirement, you're in what we like to call the "retirement red zone." We're pulling out the playbook on today's show to help you score in retirement!
"For the love of money is a root of all kinds of evils" is a phrase often used and just as often misquoted. But money is just a tool; a resource. On today's show, we're talking about how your intentions are the key that can make or break your relationship with money.
Are financially fit or financially frumpy? On today's show, we're going to put you through the wringer and give you a bit of a workout to test your financial fitness!
Inflation! It's a major buzzword for 2022. But what is it? How does it work? And more importantly, how does it affect you? We've got all you need to know on today's show!
Originally aired 1/19/2022
In short, it's a savings account with tax advantages you can use to save and invest long-term. But what IS it? That's what we're talking about on today's show!
Originally aired 1/12/2022
New Year's resolutions - many make them, but few keep them. To kick off 2022, we want to help you develop the kind of habits that allow you to achieve the goal of financial independence. Because pursuing financial independence shouldn’t feel like you’re stuck on a treadmill - putting in work but never actually moving forward.
Originally aired 1/5/2022
The new year is here and we're bringing back our most listened to episode of 2021!
*In this episode of the Get Ready For The Future Show, we’re talking about how to fan the flame and keep your pursuit of financial independence shining bright!
Originally aired 6/30/2021*
As we wrap up the year, we want to make sure that you are on track if you're looking to retire soon. Today we're looking at what you need to know if you plan to be retired by this time next year! We're also pleased to be joined once again by Ryan Detrick, LPL's Chief Market Strategist, for some market insights!
Originally aired 12/22/2021
Financial independence can be life-changing for you. But it can also have an incredible impact on future generations! As the holidays approach, you can give your family one of the most important gifts: a plan. And don't miss out on a special offer we're offering on today's show!
Originally aired 12/15/2021
If you haven't already, it's time for ALL members of Generation X to get serious about investing for retirement. In today's show, we've got a trio of Gen Xers with some advice on essential money moves you can make to build (or even start) momentum toward the future you want.
Originally aired 12/8/2021
Surprise expenses are almost never fun, and they're even worse if you aren't prepared for them. Today we're helping you identify some of these expenses so they're NOT a surprise and instead, part of your plan. And speaking of plans, we have a special guest today: Terry Trespicio. Terry is a writer, speaker, and brand advisor with a new book on the way, Unfollow Your Passion.
Find out more about Terri at her website and check out her book, Unfollow Your Passion.
Originally aired 12/1/2021
The future is fuzzy and planning looks a little different depending on each stage of life. But wherever you are in life, it's important to have a clear view of where you're going. In today's show, we're looking at different life stages and how to bring a plan into focus.
Originally aired 11/24/2021
Nobody wants to settle for a mediocre retirement. But how do you move from "good enough" to "more than enough?" We've got some tips on today's show, along with a market update from LPL's Chief Market Strategist Ryan Detrick.
Social Security is receiving its largest COLA (cost-of-living adjustments) in 40 years for 2022. But is that enough? What are the consequences? And should you be counting on Social Security to be the primary driver in your retirement? We're looking at all of that and more on today's show.
Originally aired 11/10/2021
During your working years, you typically have a good sense of how much you’ll earn each month. But once you retire, your monthly income can become harder to predict. On today's show, we're talking about an important question: How do you estimate your monthly income in retirement?
Originally aired 11/3/2021
This time of year there's a lot of talk about fear, spooky legends and gloomy fictional stories. But from wherever your fear stems, fear does not make good financial decisions. Today we're bringing the antidote to fear: education! And we've got a market update from LPL Chief Market Strategist Ryan Detrick.
Originally aired 10/27/2020
From TV to Tik-Tok, there is no shortage of financial advice. But is it good? Does it cut through the confusion or just make more? On today's show, we're bringing down some sound advice to share with all because knowledge isn't meant to be hidden - it's meant to be shared.
Originally aired 10/20/2021
Inflation is on the rise. As are interest rates. And if you feel like you don't have control of your required income, we've got some guidance on today's show on what you can do about it.
Originally aired 10/13/2021
In today's episode, we're diving into all things insurance, Medicare, and protecting your assets! And joining us today is our new team member and insurance specialist, Tony Contorno!
Originally aired 10/6/2021
Just like the showroom isn’t where a car is designed to be (at least for long), your financial plan isn’t designed to sit on a shelf…or at least it shouldn’t be! On today’s show, we’re talking all about when the wheels of your plan meet the road!
Originally aired 9/29/2021
Money is just a tool. And just like different projects need different tools, different seasons of life need different financial tools. On today's show, we're talking through what tools you need in your financial toolbox.
Originally aired 9/22/2021
On today's show, we're bringing the heat to the FIRE movement. While there are some good lessons to be learned from the principles behind FIRE, there are also potential hazards. And if you really want to retire early, let's do it the right way.
Originally aired 9/15/2021
Talking with family about money is something most of us were never taught how to do. And that's probably why it makes us uncomfortable. Today we're talking about important conversations like life insurance, long-term healthcare, and estate planning, that you can have now instead of waiting until it might be too late.
Originally aired 9/8/2021
About 61% of adults say they find investing in the stock market "scary or intimidating" and this trend is getting worse with younger generations. In today's show, we're going over some of the biggest investing concerns and why fear shouldn't stop you! We've also got our monthly check-in with LPL's Chief Market Strategist Ryan Detrick.
Originally aired 9/1/2021
There are many unknowns when it comes to retirement. And while we don't have a crystal ball, we do have years of experience in planning for the future. On today's show, we're looking at five keys that can help you unlock a successful retirement.
Originally aired 8/25/2021
Going to the chapel and we're gonna get financial lessons from the movie Bridesmaids! We've got a full crew on today's show looking at Cake Baby, fears of flying, questionable Spanish, Brazilian food gone bad, and how that ties into your finances!
Originally aired 8/18/2021
The line where the sky meets the sea is calling to us. And so is financial independence! Let the GenWealth team be your wayfinder as we navigate some financial tips from Disney's Moana.
Originally aired 8/11/2021
Whenever you first start working toward financial independence, it can feel overwhelming! But on today's show, we have four financial lessons from none other than Caddyshack. And joining us on the course today is LPL's Senior Market Strategist Ryan Detrick for a market update. We'll try and keep the gopher in check.
Originally aired 8/4/2021
It's safe to say that going for the gold is not an overnight journey. The same can be said for your retirement. If you haven't started yet, the best time to start is NOW. And the GenWealth Team has some important milestones to consider if you're getting close to retirement.
Originally aired 7/28/2021
Certificates of deposit are still a popular short-term savings and income-generating tool, but what are you exchanging for that minimal risk? The GenWealth team looks at this and other risks, but more importantly, how to mitigate them.
Originally aired 7/21/2021
There's a plethora of financial information online, but not all of it is good advice. In fact, some of it is downright dangerous to your financial health. On today's show, the GenWealth team is talking all about bad advice and how to avoid a financial fiasco!
Originally aired 7/14/2021
On today's show, the GenWealth team is answering all your questions about retirement, investments, and your money. We're joined again by special guest Ryan Detrick, Chief Market Strategist at LPL Financial, for another market update.
Originally aired 7/7/2021
On this episode of the Get Ready For The Future Show, we’re talking about how to fan the flame and keep your pursuit of financial independence shining bright!
Originally aired 6/30/2021
It's not about robbing a bank on this week's show. The GenWealth team is talking all about money-making tips as you save for the future!
Originally aired 6/26/2021
The average person has over 6,000 thoughts a day! And when it comes to thinking about money, many of them probably start with "what if." The GenWealth team is going through four big questions that need to show up in your financial plan.
Originally aired 6/16/2021
How would you fill in that blank? For many, retirement can bring up feelings of fear, dread, and uncertainty. But the GenWealth Team is bringing a bit of "retirement therapy" on today's show. And we're joined for a market update by Ryan Detrick, Chief Market Strategist with LPL Financial.
Originally aired 6/9/2021
Your personal information is a valuable commodity. Knowing how to protect your financial and online identity is extremely important! And since we're experts in finances and not identity theft, the GenWealth team brings in Special Agent Peyton Tucker from the FBI's Little Rock Field Office.
Originally aired 6/2/2021
Everyone likes top 10 lists, right? Maybe not if it's a list of mistakes you can make on your financial journey. But the GenWealth team has some great ways to avoid these mistakes as you build toward financial independence.
Originally aired 5/26/2021
Whether your favorite team has a flag on the field or you find yourself with a fine from the IRS, penalties are never fun. The GenWealth team is talking about how you can avoid them. We also have our monthly visit from LPL's Chief Market Strategist, Ryan Detrick, for an update on the markets!
Originally aired 5/19/2021
How you think and how you behave can have an enormous impact on how you save for retirement. The GenWealth team takes a look at five types of spenders and practical steps you can take to grow!
Originally aired 5/12/2021
Our mission statement includes a desire for "leaving a legacy for generations to come." That's part of our core. But what does that mean and how do you start? The GenWealth team has some straight talk about what you need to know to leave a financial legacy.
Originally aired 5/5/2021
Trying to find valuable, useful information as you work toward financial independence is about like playing Where's Waldo - you know it's there, but there are a lot of distractions you have to get through first. The GenWealth team wants to help you cut through the noise on today's show to help you find Wealthy.
Originally aired 4/28/2021
You need more than a hammer and some nails to build your dream house and you need more than a few investments to build your dream retirement. On this episode, the GenWealth Team breaks down some of the complexities that could turn your retirement house into a flop if you try and DIY.
Originally aired 4/21/2021
On today's show, the GenWealth team is answering all your questions about retirement, investments, and your money. We're joined again by special guest Ryan Detrick, Chief Market Strategist at LPL Financial, to ask him some of our questions.
Originally aired 4/14/2021
Age is nothing but a number…unless you're trying to take Social Security! There are 2700 rules governing this process and the GenWealth team is tackling six things to know with the help of a special guest: Mary Beth Franklin, contributing editor at Investment News and specialist in Social Security.
Originally aired 4/7/2021
In a world where cancel culture often goes too far, there are a few things the GenWealth team would like to help you cancel from your finances as you work toward financial independence.
Originally aired 3/31/2021
The financial industry is flooded with voices that claim to be interested in giving out advice about your money. And in times of uncertainty, there are those that will preach fear and offer a magic formula. The GenWealth team is here to help you identify the charlatans and help you avoid those selling snake oil.
Originally aired 3/24/2021
Straight talk is like a four-leaf clover - hard to find and lucky to have! In this St. Patrick's Day episode, the GenWealth team brings retirement tips that will leave you in the green!
Originally aired 3/17/2021
What can March Madness teach you about retirement planning? You don't need a perfect bracket to succeed, just a winning bracket. And the GenWealth Team has some tools to get you there!
Originally aired 3/10/2021
Unhealthy spending habits can hold you back and keep you feeling stuck. On this week's show, we're talking about how to break those bad habits and build better, healthier ones. We’re also joined by special guest Ben Newman, performance coach, international speaker and best-selling author, with tips on how to change those bad habits and, more importantly, change the way we think about them.
Originally aired 3/3/2021
When something seems too good to be true, it probably is. There are some common financial ideas floating around that the GenWealth team brings to task, showing these rules of thumb more to be rules of dumb.
Originally aired 2/24/2021
We've all heard the saying about what happens when you assume, so why do we allow assumptions to dictate our choices with our money? On today's show, the GenWealth team is talking all about some assumptions that could be damaging your financial independence.
Originally aired 2/17/2021
Is money the root of all evil? The GenWealth team look at one of the most misused quotes from the Bible and how money, as a tool, can't buy you happiness, but it can buy you independence.
Originally aired 2/10/2021
Will you run out of money before you run out of time? Investors frequently underestimate the numbers of years they likely have left and fail to plan, but the GenWealth team has a strategy for mitigating what we call "longevity risk." And we're also joined for a monthly update by LPL Chief Market Strategist Ryan Detrick.
Originally aired 2/3/2021
The F.I.R.E. movement has gained significant traction over the last decade, but is it all it's cracked up to be? The GenWealth team discusses the pros and cons of the F.I.R.E. strategy and provides some practical steps toward the goal of financial independence.
Originally aired 1/27/2021
If you're planning to retire this year, the GenWealth team has some basics to cover before you clock out for the last time.
Originally aired 1/20/2021
On today's show, the GenWealth team is answering all your questions about retirement, investments, and your money. We're joined again by special guest Ryan Detrick, Chief Market Strategist at LPL Financial, for an update on the markets and looking ahead in 2021.
Originally aired 1/13/2021
The holidays may be over, but the financial impact from them could still be present. The GenWealth team looks into how to recover if you went overboard this holiday season and how to plan for the next.
Originally aired 1/6/2021
We've just entered 2021 and the GenWealth Team has eight retirement deadlines you need to know about in order to avoid unnecessary taxes, minimize Medicare premiums, and maximize Social Security.
Originally aired 12/20/2020
What does it actually take to become financially independent? It's not easy, but it might be simpler than you think! The GenWealth team has four key ways to help gain that independence with special help this week from LPL Financial's Chief Market Strategist Ryan Detrick!
Originally aired 12/23/2020
Prescription without diagnosis is malpractice. The same is true for your finances. The GenWealth team dives into four steps to diagnosing your finances and how a plan makes all the difference.
Originally aired 12/16/2020
Financial independence can be life changing for you, but it can also have an incredible impact on future generations! The GenWealth team looks at one of the most important gifts you can give your family this holiday season: a plan.
Originally aired 12/9/2020
Research shows that talking with a spouse or partner about money increases relationship satisfaction, yet so many people don't do it! The GenWealth Team takes on six conversations to have with your other before the year's end.
Originally aired 12/2/2020
Gratitude has one of the strongest links to mental health and satisfaction with life of any personality trait. The GenWealth team is here to look at how being mindful with your money and cultivating gratefulness can help you make better financial decisions.
Originally aired 11/25/2020
Ready or not, we're entering holiday season. And instead of entering 2021 in debt to pay for 2020's Christmas, the GenWealth team has some great tips on how not to break the bank this year and have a plan for your money.
Originally aired 11/18/2020
What do physics have to do with investing? The GenWealth team bring Newton's laws into focus when it comes to your money! And we're joined again for our monthly update with Ryan Detrick, Chief Market Strategist with LPL Financial.
Originally aired 11/11/2020
Most Americans feel they are at least "moderately knowledgeable" about retirement income planning. But the GenWealth team has six surprising facts about retirement that can make a difference to close that knowledge gap!
Originally aired 11/4/2020
Haunted houses can be scary! But when you turn the lights on, it's not so scary anymore. The same is true in your finances! Education is the antidote for fear and the GenWealth team is shining a light on these fears this week!
Originally aired 10/28/2020
With the 2020 election fast approaching, everywhere you turn there is information biased by opinion. The GenWealth team is education-based and is here to talk facts about candidates' policies and how they could impact your retirement!
Originally aired 10/21/2020
Treadmills are the worst - you're doing all this work and not getting anywhere! If that's also how you feel about your finances, the GenWealth team has some action items on today's show on how to get unstuck and make some actual progress!
Originally aired 10/14/2020
Financial planning can be a bit like cleaning a house. There's a big mess and a sense of dread. The fancy financial maids of the GenWealth Team go through each room of your house on today's show and take a look at how to clean up and get that house in order!
Originally aired 10/7/2020
On today’s show, the GenWealth team is talking about how fad diets are basically the food-equivalent to what some other financial advisors are trying to sell you - all hype but no substance - and how you can make financial independence more than just a craving.
Originally aired 9/30/2020
Over half of pre-retirees are less confident about living comfortably in retirement than they were before the pandemic. COVID-19 has introduced a lot of risk into the world, but one thing that you shouldn't risk is investing in your future! Ryan Detrick, Chief Market Strategist for LPL Financial joins the show again for his take on risks and the market.
Originally aired 9/23/2020
You're probably heard the phrase, "What you don't know can't hurt you," but the exact OPPOSITE is true about your money. The GenWealth team takes a look at some blind spots people face in financial planning and we get a special story from LPL Financial's Chief Investment Officer, Burt White.
Originally aired 9/16/2020
Many people settle for just getting by in retirement. But the GenWealth team things you deserve more! We also have special guest Rebecca Schlau, owner of Saline Psychological Services, to give a little insight on why people choose to settle!
Originally aired 9/9/2020
Are you unemployed and you didn't even know it? There has been a spike in unemployment fraud cases since the pandemic, so the GenWealth team brought in FBI Supervisory Special Agent Todd Adams for a little chat.
Originally aired 9/2/2020
On today's show, we're talking family values and how you can work them into your financial plan. We're also joined by special guest Tom Skrobe, Head of Product Solutions for Wisdom Tree to talk about a new offering at GenWealth.
Originally aired 8/26/2020
We also value these disclosures:
- Genwealth Financial Advisors, Wisdom Tree and LPL Financial are separate entities.
- ETFs trade like stocks, are subject to investment risk, fluctuate in market value, and may trade at prices above or below the ETF's net asset value (NAV). Upon redemption, the value of fund shares may be worth more or less than their original cost. ETFs carry additional risks such as not being diversified, possible trading halts, and index tracking errors.
- Dividend payments are not guaranteed and may be reduced or eliminated at any time by the company.
Life is full of risk, but how much risk are you willing to take with your finances? The GenWealth team takes a look at ways to manage that risk and are joined once again by Ryan Detrick, LPL's Chief Market Strategist!
Originally aired 8/19/2020
We tend to be excited while planning everything but finances. It's time to rethink that! Plans are only boring when they don't speak directly to you. We're also joined by special guest Dr. Wade Pfau once again to dive into some of these myths!
Originally aired 8/12/2020
2020 has caused a lot of us to think about the fragility of life. What happens if one day you don't come home? That thought can be stressful, but it doesn't have to be! Chris Rippy, Estate Planning & Probate Attorney, joins the crew this week to talk about how to be prepared in your plans for end of life.
Originally aired 8/5/2020
Don't sleep on these disclosures:
- This information is not intended to be a substitute for individualized legal advice. GenWealth Financial Advisors and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation.
- GenWealth Financial Advisors, Rippy, Stepps & Associates, and LPL Financial are separate entities.
"What should I do?" If that question is on your mind, tune in as the GenWealth team looks at how to handle volatility and what to do if your advisor isn't giving the best advice for YOU.
Originally aired 7/29/2020
After making it through the first 30 minutes of this movie without being severely depressed, the GenWealth team takes to the skies with financial lessons from the movie UP!
Originally aired 7/22/2020
The GenWealth team braves the fire swamp and takes a look at how your retirement doesn't have to be a fairy tale in part two of our summer movie series.
Originally aired 7/15/2020
If your ego is writing checks your body can't cash, you might want to check out lessons the GenWealth team can derive from this hit movie in our summer movie series!
Originally aired 7/8/2020
Times are pretty strange and things are changing. Turn and face the strange. There are going to be a lot of reasons to worry, but worry doesn't help you. And the GenWealth team takes a look head on into change with special guest Bob Paine, Owner/Operator of Chick-Fil-A on Cantrell in Little Rock.
Originally aired 7/1/2020
Is the idea of financial planning fuzzy? Out of focus? The GenWealth team is here to help identify where you're at and how to bring planning into a clearer picture.
Originally aired 6/24/2020
If money is confusing to adults, how about children?! While most parents will talk with their kids about sex, drugs or alcohol, many don't talk about money. The GenWealth team dives into talking to children about money with special guest and best-selling author Anthony O'Neal.
Originally aired 6/17/2020
The COVID-19 pandemic shook up the world. Did it shake you out of some bad habits? The GenWealth team looks at some things that shouldn't go back to normal and we're joined this week for an update by Senior Market Strategist with LPL Ryan Detrick.
Originally aired 6/10/2020
The GenWealth team talks social security on this week's show with special guest interview Mary Beth Franklin, contributing writer for Investment News.
Originally aired 6/3/2020
Uh oh. Why did I buy that? During the COVID-19 crisis, it may have been easy to make some big purchases without thinking about the bigger picture. And part of that might be linked to your personality. The GenWealth team takes a look at some different personality types where it comes to finances.
Originally aired 5/27/2020
With most of the nation spending so much time at home, you start to notice all the little problems and imperfections. The GenWealth Team looks at keeping those out of the blueprint for your retirement.
Originally aired 5/20/2020
What's the plan? What does life look like after work? Take a glance into the future of possibilities with the GenWealth team.
Originally aired 5/13/2020
With all of the constant and varying changes that have been occurring in the world in light of COVID-19, the one thing you shouldn't have to worry about is retirement. The GenWealth team takes a look at how to form a plan that is dependable and keeps you prepared for that next phase of life.
Originally aired 5/6/2020
Remember that your retirement needs to have a strategy that is dedicated to you and your needs. The GenWealth team talks about making things more personal in retirement and is joined this week for an update by LPL's Senior Market Strategist Ryan Detrick.
Originally aired 4/29/2020
Disclosures:
- Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.
- All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
- The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
The GenWealth team is joined this week by special guest Dr. Wade Pfau - author, financial analyst, and professor of retirement income - to discuss the importance of having a financial coach and how that can set you up for success in retirement.
Originally aired 4/22/2020
The GenWealth team shares some perspective on how the current market volatility could impact your retirement and are joined by Congressman French Hill for a special interview about the CARES Act.
Originally aired 4/15/2020
Disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
If during this epidemic you are at an economic crossroads, this show may contain some of the most important information you can receive as it relates to your financial future.
Originally aired 4/8/2020
Two weeks in a row LPL Senior Market Strategist Ryan Detrick joins the GenWealth team for market updates as they talk about the new CARES Act and what you can do to combat fear and uncertainty in your finances.
Originally aired 4/1/2020
CAREful disclosure:
- The content provided herein is based on our interpretation of the CARES Act and is not intended to be legal advice or provide a tax opinion. This document is a summary only and not meant to represent all provisions within the CARES Act.
The GenWealth team is once again joined by LPL Senior Market Strategist Ryan Detrick as they take a look at a world steeped in uncertainty and how you can be certain in your retirement.
Originally aired 3/25/2020
It can be easy to lose focus in times of uncertainty. Which is why the GenWealth team is here to help! Today they look at keeping debt off your plate so that it's one less thing to worry about when the world seems so worrisome.
Originally aired 3/18/2020
When it comes to money, people tend to react more on emotion rather than fact - making the wrong choice at the wrong time for the wrong reason. In a time of uncertainty, the GenWealth team focuses on Fundamentals in today's show.
Originally aired 3/11/2020
Should I contribute to an individual account? What about company-sponsored? The answer you've all been waiting for: IT DEPENDS! The GenWealth team takes a look at different ways to contribute on today's show in the hopes of bringing some education about your money and your choices.
Originally aired 3/4/2020
On this week's show Ryan Detrick, Senior Market Strategist with LPL Research, pops in for a market update and the GenWealth team goes over the three main things you need in order to retire: a guide, a checklist, and a plan.
Originally aired 2/26/2020
Disclosures:
- Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Economic forecasts set forth may not develop as predicted.
How much money should you have saved in assets before you retire? IT DEPENDS! The GenWealth team looks into the question behind the question to an investors retirement number in today's Get Ready for the Future Show.
Originally aired 2/19/2020
A number of disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Economic forecasts set forth may not develop as predicted.
When is the right time to buy a house or a car? The GenWealth team is here to help navigate that process, save you money, and avoid common mistakes on those big-ticket items. And we're joined this week by special guest Carolyn Cobb, President of the AR Realtors Association, for some inside information when it comes to home buying.
Originally aired 2/12/2020
Life can be tough. And the more life you live, the more you wise up to the fact that shortcuts in life just don't work. There is no easy button, but the GenWealth team has some simple solutions to help you take control of your finances.
Originally aired 2/5/2020
Easy Disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Economic forecasts set forth may not develop as predicted.
President Ronald Reagan is quoted as saying, "Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man." The GenWealth team takes a look at how inflation can wreck your retirement…if you're not prepared.
Originally aired 1/29/2020
How does your behavior affect your finances? Get your mind right with the GenWealth team as they tackle some mental errors that can happen when money is involved.
Originally aired 1/22/2020
When it comes to retirement, are there things that you know you don't know? The GenWealth team takes a look behind the scenes at some of the questions we ask our prospective clients every day that other firms don't ask.
Originally aired 1/15/2020
There can be some heinous threats to your retirement - threats so diabolical that the GenWealth team enlisted the help of the FBI and Supervisory Special Agents Todd Adams and Ryan Kennedy to keep you safe.
Originally aired 1/11/2020
Disclosure:
- Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
The SECURE Act went into effect January 1, 2020, Setting Every Community Up for Retirement Enhancement. But does it really? The GenWealth Team takes a look at the new legislation and what it can mean for your financial future.
Originally aired 1/4/2020
Let's secure some disclosures, shall we?
- Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
- “Stretch IRA” is a marketing term implying the ability of a beneficiary of a Decedent’s IRA to withdraw the least amount of money at the latest allowable time in order to maintain the inherited IRA assets for the longest time period possible. Beneficiary distribution options depend on a number of factors such as the type and age of the beneficiary, the relationship of the beneficiary to the decedent and the age of the decedent at death and may result in the inability to “stretch” a decedent’s IRA. Illustration values will greatly depend on the assumptions used which may not be predictable such as future tax laws, IRS rules, inflation and constant rates of return. Costs including custodial fees may be incurred on a specified frequency while the account remains open.
- The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
- This is a hypothetical example and is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing.
What if instead of presents, Santa brought you…tax tips? The GenWealth team and eight tiny reindeer bring you some tips to beat the man in 2020.
Originally aired 12/21/2019
Check these disclosures so we don't end up on the naughty list:
- Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
- Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
- Mortgage backed securities are subject to credit, default, prepayment, extension, market and interest rate risk.
- Traditional IRA account owners should consider the tax ramifications, age and income restrictions in regards to executing a conversion from a Traditional IRA to a Roth IRA. The converted amount is generally subject to income taxation.
- Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.
The GenWealth team travels through the years with tips for each decade of life to help you meet your financial goals.
Originally aired 12/14/2019
What can we learn about retirement from the Rolling Stones? The GenWealth team looks at living life to the fullest in retirement.
Originally aired 12/7/2019
Is this your year to retire? If so, the GenWealth team has checklist to help ease your anxiety and help you be more prepared for this next stage in life.
Originally aired 11/30/2019
Disclosure:
- State insurance laws and insurance underwriting rules may affect available coverage and its costs. Guarantees are based on the claims paying ability of the issuing company. If you need more information or would like personal advice you should consult an insurance professional.
With Thanksgiving around the corner, the GenWealth team reflects on gratitude and getting more of out retirement.
Originally aired 11/23/2019
Gearing up for Small Business Saturday, the GenWealth team doles out advice for small business owners with special guest Pamela Reed from the Arkansas Small Business and Technology Development Center.
Originally aired 11/16/2019
Your retirement should be more transparent! There's a lot of muddy information out there regarding annuities, and the GenWealth team takes a look at clearing up fact from fiction.
Originally aired 11/9/2019
Some Clear Disclosures:
- Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.
- Riders are additional guarantee options that are available to an annuity or life insurance contract holder. While some riders are part of an existing contract, many others may carry additional fees, charges and restrictions, and the policy holder should review their contract carefully before purchasing.
- Equity Indexed Annuities (EIAs) are not suitable for all investors. EIAs permit investors to participate in only a stated percentage of an increase in an index (participation rate) and may impose a maximum annual account value percentage increase. EIAs typically do not allow for participation in dividends accumulated on the securities represented by the index. Annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Withdrawals prior to 59 ½ may result in an IRS penalty, and surrender charges may apply.
It's already November, and on the Get Ready for the Future Show, the GenWealth team takes a look at some things you can do to set yourself up for a strong new year.
Originally aired 11/2/2019
Let's get ahead of these disclosures:
- Contributions to a traditional IRA may be tax deductible in the contribution year, with current income tax due at withdrawal. Withdrawals prior to age 59 ½ may result in a 10% IRS penalty tax in addition to current income tax.
- The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
Everyone loves taxes, right? Uncle Sam will get his share and the GenWealth team takes a look at ways to make sure that taxes don't take a wrecking ball to your retirement needs.
Originally aired 10/26/2019
Don't Fear This Disclosure:
- Traditional IRA account owners should consider the tax ramifications, age and income restrictions in regards to executing a conversion from a Traditional IRA to a Roth IRA. The converted amount is generally subject to income taxation.
What happens if there's another 2008? The market has its ups and downs and the GenWealth team takes a look at ways to recession-proof your retirement.
Originally aired 10/19/2019
Some Spooky Disclosures:
- Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
- Bond yields are subject to change. Certain call or special redemption features may exist which could impact yield.
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
Two of the biggest fears in retirement revolve around long-term care and the idea that Social Security will run out. The GenWealth team takes the time to address those fears head on.
Originally aired 10/12/2019
What are some of the biggest fears that revolve around money and retirement? The GenWealth team takes a look at financial fear and what you can do about it, and are joined by special guest Margee Kerr, a sociologist who studies fear.
Originally aired 10/5/2019
To be truly successful in retirement, you have to be more than financially literate. There's a deluge of information out there and the GenWealth team looks at how to actually but that knowledge into practice.
Originally aired 9/28/2019
There's a big election coming up next year and the GenWealth team looks at what that means for the markets. We also have a special segment from our workshop, an Evening with Ryan Detrick!
Originally aired 9/21/2019
If you want a satisfying retirement, there are things you need to know and the GenWealth team has the keys to help you unlock success in your retirement.
Originally aired 9/14/2019
2 key disclosures to being compliant:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
Kicking off football season, the GenWealth team has a checklist of items to evaluate before you enter the retirement red zone.
Originally aired 9/7/2019
In today's show the GenWealth team provides some rules for a successful retirement and a checklist for end of life preparations.
Originally aired 8/31/2019
Check this disclosure:
- Stock investing involves risk including loss of principal.
You might be able to get away with a lot of spontaneity in life, but retirement is not one of those places! The GenWealth team takes a hard look at the importance of planning for your retirement and we're visited once again by Ryan Detrick, Senior Market Strategist at LPL, for our monthly update!
Originally aired 8/24/2019
We don't want to wing it with these disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Economic forecasts set forth may not develop as predicted.
The game changes when you reach retirement age and the GenWealth team looks at what you need to know as you move from accumulation to decumulation.
Originally aired 8/17/2019
Disclosure:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Is the SECURE Act really all it's cracked up to be? The GenWealth team takes a look and is joined by special guest James Lange, CPA, attorney, and author of "Retirement Plan Owner's Guide to Beating the New Death Tax."
Originally aired 8/10/2019
Let's secure some disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.
There are three big risks to your retirement. But what's the biggest risk? The GenWealth team takes a look at longevity and how to mitigate that risk in retirement.
Originally aired 8/3/2019
In the dog days of summer, the GenWealth team is joined this week by Senior Market Strategist at LPL Ryan Detrick to talk about ways you can beat the heat in your retirement.
Originally aired 7/27/2019
We need to beat the heat of compliance with these disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Stock investing involves risk including loss of principal.
- Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
- The economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
Where will your retirement paycheck come from? If you don't know the answer, the GenWealth team has some great information on how you can increase your confidence in retirement.
Originally aired 7/20/2019
And we confidently need to disclose this information:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- The economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
From baby boomers to millennials, retirement looks very different. The GenWealth team is here to look at your needs no matter what generation you're from and help with your stage of life.
Originally aired 7/13/219
Disclosure
- All performance referenced is historical and is no guarantee of future results.
Stephanie Smith, our Social Security veteran, joins the show this week as the GenWealth team takes on the big questions surrounding the future of Social Security.
Originally aired 7/6/2019
With Independence Day around the corner, the GenWealth team takes a look at that Holy Grail of financial independence and the path to freedom in retirement.
Originally aired 6/29/2019
Some balanced disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.
What is the secret formula to building wealth? The GenWealth team looks at traits you can develop to reach your own financial success. Senior Market Strategist with LPL, Ryan Detrick, also makes his monthly appearance!
Originally aired 6/22/2019
Do you enjoy risk or abhor it? Do you love spending money on others? Do you incessantly check your bank balance? The GenWealth team takes a look at a variety of personality types and doles out some advice based on the one with which you identify.
Originally aired 6/15/2019
Disclosure:
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Retirement is essentially an income problem. So what can you do to make sure your assets last? Or navigate many of life's "what-ifs?" The GenWealth team dives into these and other golden retirement nuggets in today's show.
Originally aired 6/8/2019
Don't "what-if" these disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- Asset allocation does not ensure a profit or protect against a loss.
- Dollar cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets.
- Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.
The seven deadly sins: lust, gluttony, greed, sloth, wrath, envy, pride. But what about seven deadly sins of retirement planning? The GenWealth team takes a look and brings enlightenment on ways to save your financial soul.
Originally aired 6/1/2019
Disclosures in order to not commit compliance sins:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- The economic forecasts set forth may not develop as predicted.
- Stock investing involves risk including loss of principal.
"Sell in May and go away, and come on back on St. Leger's Day." What does that even mean? Find out more with the GenWealth dream team in today's episode!
Originally aired 5/25/2019
Don't misconceive these disclosures:
- All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
- The economic forecasts set forth may not develop as predicted.
- Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
- The payment of dividends is not guaranteed. Companies may reduce or eliminate the payment of dividends at any given time.
- Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.
- There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
If you want to "spark joy" in your retirement, you need to take a good, hard look at your finances and see if there's a mess that needs cleaned up. The GenWealth team is here to help tidy up!
Originally aired 5/18/2019
You might have heard us say, "this ain't ya mama's financial advice." But with Mother's Day coming up, this IS ya mama's financial advice! And we have special guest Rachel Cruze joining us in today's episode!
Originally aired 5/11/2019
The Get Ready for the Future Show aired on May 4, a date yearly celebrated by Star Wars fans, dubbed May the Fourth. The GenWealth team takes this opportunity to bring out some Jedi wisdom!
Originally aired 5/4/2019
After all the years of building toward your financial goals, how do you protect what you've gained? The GenWealth team takes a look at some of life's uncertainties and how to combat them with returning special guest and estate planning attorney, Mike Munnerlyn.
Originally aired 4/27/2019
The GenWealth team is joined by guest Special Agent Ryan Kennedy in talking about the serious issue of identity theft in this week's Get Ready for the Future Show.
Originally aired 4/20/2019
In continuation of Financial Literacy Month, the GenWealth team dishes out some knowledge on the varieties of employer-sponsored retirement plans, and we get our monthly visit from Senior Market Strategist with LPL, Ryan Detrick.
Originally aired 4/13/2019
DISCLOSURE
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful. No strategy assures a profit or protects against a loss. Because of their narrow focus, sector investing will be subject to greater volatility than investing more broadly across many sectors and companies.
April is Financial Literacy Month and the GenWealth team takes a look at a few things you need to know in order not to be an April fool.
Originally aired 4/6/2019
The madness of March is upon us and the GenWealth team mixes basketball metaphors and gets a monthly updated from Senior Market Strategist for LPL, Ryan Detrick.
Originally aired 3/30/2019
With an easy to remember acronym, the GenWealth team lines out seven ways for you to retire smarter!
Originally aired 3/23/2019
You don't know what you don't know. And what you don’t know CAN hurt you. What are some blind spots in your financial planning? Find out with the GenWealth team!
Originally aired 3/16/2019
What happens if you hit a pothole in your financial planning? The GenWealth team takes a look at some potential hazards along the road to retirement and ways to try and keep you safe in your journey!
Originally aired 3/9/2019
In the month of March we're preparing for a retirement road trip! The GenWealth team looks at what it takes to map out your retirement.
Originally aired 3/2/2019
Or as John calls them, rules of DUMB. The GenWealth team is breaking down fact from fiction in this episode of the Get Ready for the Future Show.
Originally aired 2/23/2019
What do tractors and cows have to do with finances? We've got some farm wisdom on this Get Ready for the Future Show!
Originally aired 2/16/2019
How do you prepare for a recession? The GenWealth team dives into ways to keep your retirement safe and is joined by Ryan Detrick, Senior Market Strategist for LPL, for a monthly update.
Originally aired 2/9/2019
With the "Big Game" right around the corner, the GenWealth team takes a look at what it takes to be a part of a winning team.
Originally aired 2/2/2019
When the GenWealth team says MORE 94 times in a show, you know it's important. Find out some action items on how to get MORE this year in today's show!
Originally aired 1/26/2019
What keeps the middle-class in the middle? The GenWealth team looks at common mistakes and gets a market update from Ryan Detrick, Senior Market Strategist for LPL.
Originally aired 1/19/2019
How do you build good habits? Find out more with the GenWealth Team and a special interview with Dr. Bhrett McCabe, Sports & Performance Psychologist!
Originally aired 1/12/2019
The GenWealth Team kicks off the new year with some important questions if 2019 is the year you decide to retire.
Originally aired 1/5/2019
The GenWealth team brings you an encore presentation of our most-listened to podcast of 2018: Financial Independence!
Originally aired 6/30/2018
As we say farewell to our month of rock 'n' roll retirement, the GenWealth team takes a look back at our tour and looks forward at important decisions to make when time at work is drawing to a close.
Originally aired 12/22/2018
An artist or band might be great, but they're not going to get very far without some management. The same goes for retirement - there's only so far you can get on your own. The GenWealth team drops a beat on managers!
Originally aired 12/15/2018
Just like in music, investing can have elements that seem like they're a hit or sound different than they really are. The GenWealth Team dives into these in another episode of Rock 'n' Roll Retirement!
Originally aired 12/8/2018
Everybody's talkin' 'bout the new sound
Funny, but it's still rock and roll to me!
But what does that have to do with retirement?! Find out more as the GenWealth Team kicks off a month of Rock 'n' Roll retirement.
Originally aired 12/1/2018
Stephanie Smith joins the GenWealth Team this week to look at your questions about Social Security as we conclude our FAQ month!
Originally aired 11/24/2018
If one advisor is good, how much better is a team looking after your plans? Plus an update from Ryan Detrick, Senior Market Strategist for LPL!
Originally aired 11/17/2018
The GenWealth team takes a look at your frequently asked questions regarding IRAs and 401(k)s. Chad joins the show this week to discuss long-term care.
Originally aired 11/10/2018
What is financial planning? And what does it entail? The GenWealth team kicks off a month of FAQs to help draw back the curtain so that your retirement and planning can be more clear.
Originally aired 11/3/2018
Concluding the month of October and retirement milestones, the GenWealth team takes a look at milestones in your 70's, including estate planning with guest Mike Munnerlyn.
Originally aired 10/27/2018
On this week's show we continue to look at retirement milestones, this time with Social Security guru Stephanie Smith. And we have our monthly update with Ryan Detrick, Senior Market Strategist for LPL!
Originally aired 10/20/2018
Last week we covered some early retirement milestones and now we hit the 50's and 60's!
Originally aired 10/13/2018
The GenWealth team starts off October with some retirement milestones you should look to hit in ages 20 through 40.
Originally aired 10/6/2018
You can make it to retirement, but what's your purpose? The GenWealth team takes a look at the three P's to a purposeful retirement!
Originally aired 9/29/2018
Building your finances is much like building a house. There are important pieces so that it can be structurally sound. The GenWealth team takes a look at how we build a house that will last for generations.
Originally aired 9/22/2018
The GenWealth team makes a special announcement in this episode and encourages us to strive for MORE.
Originally aired 9/15/2018
How does time affect your retirement? John, Janet, Austin and Scott take a look at timing in retirement, some of the risks, and how to mitigate those risks.
Originally aired 9/8/2018
There is no magic number in retirement and the GenWealth team dives into how you might be flying blind in your planning…or lack thereof.
Originally aired 9/1/2018
Marc makes his radio debut with John, Janet, and Scott as they discuss what can happen if a perfect storm hits you and your investments and what you can do about it. Special guest Ryan Detrick, Senior Market Strategist for LPL, joins us once again for an update!
Originally aired 8/25/2018
Retiring early is getting harder and harder and the GenWealth team has some tips and goals to get you prepared!
Originally aired 8/18/2018
In continuing Back to Basics, The GenWealth Dream Team takes a look at the fallacy of the "magic number."
Originally aired 8/11/2018
John, Janet, Scott and Troy go back to the basics, starting the month of August: Retirement 101.
Originally aired 8/4/2018
What can an advisor do for you? And how can one help in your retirement? The GenWealth dream team takes a look.
Originally aired 7/28/2018
John, Janet, and Scott take a look at some of the major mistakes the average investor makes and are joined for a monthly update by Ryan Detrick, Senior Market Strategist for LPL.
Originally aired 7/21/2018
What are the biggest challenges to planning your retirement? The GenWealth team takes a look at five big ones on this episode of the Get Ready for the Future Show.
Originally aired 7/14/2018
John, Janet, Scott and Chad start diving in to the GenWealth process with you and how the 1-2-1 team process works for you.
Originally aired 7/7/2018
In preparation for the Fourth of July, the GenWealth team takes a look at what it means to have financial independence.
Originally aired 6/30/2018
Austin, Candice, John, and Tim talk with special guest Mitch Anthony about the concept of retirementality.
Originally aired 6/16/2018
Have you ever made a call and been through a gauntlet of automated responses? Retirement needs to have a personal touch and that's one of the core tenants of GenWealth.
Originally aired 5/26/2018
Making it to retirement is great. But what happens then? After years in the workforce, what comes next?
Originally aired 6/2/2018
Before every game, teams go through "pre-game" in order to get warmed up and ready to go. It's no different for your retirement.
Originally aired 6/9/2018
You can drown in information these days, but still be starved for knowledge. The GenWealth Dream Team look at how to find some clarity when it comes to retirement and investing.
Originally aired 5/19/2018
There can be a lot of uncertainty in retirement. John, Janet, Chad, and Scott take a look at ways to assuage those fears.
Originally aired 5/12/2018
Life moves fast. John, Janet, Scott, and Austin share what to put in your financial go-bag.
Originally aired 4/28/2018
What do you do with your old employer plan after leaving? Find out with Candice and Scott.
Tim joins the minisode this week to take a look at a VERY scary subject: college. But it doesn't have to be that way! Find out what you can do to help save for college expenses.
*Prior to investing in a 529 Plan investors should consider whether the investor's or designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.
Did you win the lottery?! Don't celebrate just yet. There are some things you need to know about a windfall and the GenWealth Dream Team has got you covered.
Originally aired 4/21/2018
*The rule of 72 is a mathematical concept and does not guarantee investment results nor functions as a predictor of how an investment will perform. It is an approximation of the impact of a targeted rate of return. Investments are subject to fluctuating returns and there is no assurance that any investment will double in value.
Are you reluctant to clean your garage? Are you reluctant to prepare for retirement? Teresa and Scott take a look at why and what you can do to get in there and get the work done.
What's in your garage? Is it so full of junk that you can't use it for its intended purpose? Join the GenWealth dream team as we look at how to clean up your finances!
Originally aired 4/14/2018
What are target-date funds? John hops on this minisode to talk about the dangers of self-driving investments (and cars) with Scott.
*The target date is the approximate date when investors plan to start withdrawing their money. The principal value of a target fund is not guaranteed at any time, including at the target date. A fund’s objectives can change over time.
John, Janet, Troy and Scott start from the bottom - the foundation and most important feature of your finances.
Originally aired 4/7/2018
AR Ins Lic# 734696 AR Ins Lic# 5964851 AR Ins Lic# 18069453 AR Ins Lic# 17923408
*This material contains only general descriptions and is not a solicitation to sell any insurance product or security. For information about specific insurance needs or situations, contact your insurance agent. You may also visit your state’s insurance department for more information. Riders are additional guarantee options that are available to an annuity or life insurance contract holder. While some riders are part of an existing contract, many others may carry additional fees, charges and restrictions, and the policy holder should review their contract carefully before purchasing. Guarantees are based on the claims paying ability of the issuing insurance company.
Troy joins Scott on this minisode to get into the specifics of how retirement is essentially an income problem.
The GenWealth Dream Team finishes up March Madness with four areas important to your retirement.
Originally aired 3/31/2018
*The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
Special guest Ryan Detrick, Senior Market Strategist for LPL, joins John, Janet, Scott, and Charlie this week as they take a look at Market Madness.
Originally aired 3/24/2018
DALBAR’S year Quantitative Analysis of Investor Behavior (QAIB) study examines real investor returns from equity, fixed income and money market mutual funds from January 1984 through December year. The study was originally conducted by DALBAR, Inc. in 1994 and was the first to investigate how mutual fund investors’ behavior affects the returns they actually earn. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. The study for missing the market’s 10 best days is based on research of a hypothetical $10,000 invested in the S&P 500 from (12/31/02 through 12/31/17). The S&P 500’s annualized total return over this time frame was 9.92%. If you missed the 10 best return days, your return would have been 5.03%. Keep in mind you cannot actually invest in an index. Your results will vary. The rates of return used do not reflect the deduction of fees and charges inherent to investing. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
Candice discusses what a relationship with a GenWealth advisor looks like, from A to Z.
The GenWealth Dream Team shoots from the 3-point line this week to score in your retirement.
Originally aired 3/17/2018
Do you know DCA? Dollar-cost averaging? Well how about the cow story? Austin explains and takes a look at emotional decisions in this minisode.
*Dollar cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets.
You won't hear this from Adam and Jamie, but John, Janet, Scott and Austin are here to bust some common financial myths and keep your retirement and investments on track.
Originally aired 3/10/2018
*This is a hypothetical example and is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing.
You plan for the worst, but the unexpected happens. Don takes a look at dealing with financial emergencies.
Chad hops on this minisode to discuss insurance with Scott, looking at some of the most common questions.
AR Ins Lic# 8811248
*State insurance laws and insurance underwriting rules may affect available coverage and its costs. Guarantees are based on the claims paying ability of the issuing company. You may visit your state’s insurance department for more information.
The GenWealth Dream Team begins March Madness by taking a look at the ways pop culture can impact the way you think about retirement and investing and potential pitfalls of which to be aware.
Originally aired 3/3/2018
John, Janet, Tim, and Scott take a look at how to empower yourself in retirement.
Originally aired 2/24/2018
The GenWealth Dream Team takes a look at health costs and long-term care in retirement.
Originally aired 2/17/208
AR Ins Lic# 734696 AR Ins Lic# 5964851 AR Ins Lic# 8811248 AR Ins Lic# 18069453
*Riders are additional guarantee options that are available to an annuity or life insurance contract holder. While some riders are part of an existing contract, many others may carry additional fees, charges and restrictions, and the policy holder should review their contract carefully before purchasing. Guarantees are based on the claims paying ability of the issuing insurance company.
John and Scott are joined by Candice and Teresa this week as they talk about sex…some of the differences between men and women in retirement and what to look out for.
Originally aired 2/10/2018
The GenWealth dream team starts of a new series and takes a look at one of four important topics in your retirement: money.
Originally aired 2/3/2018
It's the big game. You're in the red zone. What plays do you need to make to clinch that win in retirement? John, Janet, Teresa, and Scott take a look at success principles of winning coaches and players.
Originally aired 1/27/2018
The GenWealth Dream Team looks at five tips and tricks you can use to help set you up for success in retirement.
Originally aired 1/20/2018
*The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
*Traditional IRA account owners should consider the tax ramifications, age and income restrictions in regards to executing a conversion from a Traditional IRA to a Roth IRA. The converted amount is generally subject to income taxation.
*For information about specific insurance needs or situations, contact a licensed insurance agent. You may also visit your state’s insurance department for more information. Personal characteristics such as budget, assets, risk tolerance, family situation or activities may affect the type of insurance that would be right for you. State insurance laws and insurance underwriting rules may affect available coverage and its costs. Guarantees are based on the claims paying ability of the issuing company.
Troy and Scott take a look in this minisode about your new year financial wellness checkup.
John, Janet, Troy and Scott are joined this week by special guest, Ryan Detrick, Senior Market Strategist from LPL Financial as they discuss changes to retirement and what we can look forward to in 2018.
Originally aired 1/13/2018
A new year, a new financial you. The GenWealth team takes a look why people fail in their New Years resolutions and how to set SMART goals.
Originally aired 1/6/2018
The GenWealth Dream Team takes a bit of a dive into what the new tax changes could mean for you and receives a visit from team member Anna Olive to answer questions about what to expect when you call in!
Originally aired 12/23/2017
John, Janet, Scott and Austin take a trip down memory lane and look at some of the top financial and retirement news of 2017.
Originally aired 12/30/2017
Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value. Dollar cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets. Investing involves risk including loss of principal.
Austin joins Scott in this minisode talking about setting new goals and the discipline of keeping them when it comes to your money.
John, Janet, Troy and Scott take a look at decisions you can be looking at near the end of the year as well as looking forward into 2018.
Originally aired 12/16/2017
*The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change. Contributions to a traditional IRA may be tax deductible in the contribution year, with current income tax due at withdrawal. Withdrawals prior to age 59 ½ may result in a 10% IRS penalty tax in addition to current income tax.
The GenWealth team takes a look at your retirement Christmas wishlist and some of the things you need to know about Social Security.
Originally aired 12/9/2017
John, Janet, Eric, and Scott take a look at ways you can save for retirement. They are also joined this week by special guests Betsy Broyles Arnold and Molly Arnold to discuss Alzheimer's and the Broyles Foundation.
Originally aired 12/2/2017
The GenWealth team takes a look at what you can do this holiday season to prepare for the new year.
Originally aired 11/25/2017
L.I.F.E. A simple acronym for a complex topic. Join Austin and Scott in this minisode about insurance.
*This material is not a solicitation to sell any insurance product nor is it intended as any financial or tax advice. For information about specific insurance needs or situations, contact your insurance agent. You may also visit your state’s insurance department for more information. State insurance laws and insurance underwriting rules may affect available coverage and its costs. Guarantees are based on the claims paying ability of the issuing company.
John, Janet, Scott, and Eric take a look at the changes coming that can affect your retirement.
*An investment in Exchange Traded Funds (ETF), structured as a mutual fund or unit investment trust, involves the risk of losing money and should be considered as part of an overall program, not a complete investment program. An investment in ETFs involves additional risks such as not diversified, price volatility, competitive industry pressure, international political and economic developments, possible trading halts, and index tracking errors.
**Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.
Originally aired 11/18/2017
Join the GenWealth team as they discuss what's been going on in the market, news, and possible government changes.
Originally aired 11/11/2017
John, Janet, Scott and Eric delve into a Think Advisor article regarding your "Retirement Saving Checklist: 15 Things to Know That Can Lead to Success."
*Annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply.
Originally aired 11/4/2017
As we continue to look into your financial wellness, John, Janet, Eric, and Scott take a look at the cooperation needed in your relationships in preparing for retirement.
Originally aired 10/21/2017
Following up last-week's financial wellness check, the GenWealth Team dives into your financial lifestyle.
Do you get a check-up with your doctor? But how do you prepare for your financial health?
The GenWealth team takes a look at a quiz to determine your financial literacy and what you should know.
Originally aired 9/30/2017
Do you know if you need a screwdriver or a wrench? John, Janet, Eric, and Scott take a look at what tools you might need in retirement.
Originally aired 9/23/2017
The GenWealth team takes a look at differences in accumulation versus distribution phases in retirement.
Originally aired 9/16/2017
Brandon talks about what it's like to be a walk-on in your retirement.
*Regarding a Traditional IRA, withdrawals prior to age 59 ½ may result in a 10% IRS penalty tax in addition to current income tax. The Roth IRA offers tax deferral on any earnings in the account. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
John, Janet, Mason and Scott take a look at the "Seven Mistakes that Could Keep You from Retiring."
Originally aired 9/9/2017
Don and Scott talk about how it's about more than just investments.
*GenWealth Financial Advisors and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation.
We're excited to kick of Retirement Intelligence Month! Find out more with the GenWealth Team!
Originally aired 9/2/2017
Eric talks backup roles with Scott in this Get Ready for the Future Show minisode.
*10% early withdrawal penalty if under 59 ½ years old.
Blocking and tackling with Tim on this week's minisode.
*The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
John, Janet, Mason and Scott take a look at the "Top 10 Biases Holding Investors Back."
Originally aired 8/26/2017
Tim talks a little this minisode about automatic savings plans.
*No investment strategy assures a profit or protects against loss. Investing in mutual funds involves risk, including possible loss of principal.
The GenWealth team takes the ball (and the metaphor) further down the field in this week's Get Ready for the Future Show.
Originally aired 8/19/2017
Janet takes a look at six steps to retire early!
*The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
Dave Ramsey is not affiliated with GenWealth Financial Advisors or LPL Financial.
John, Janet, Mason, and Scott take a look at some of the similarities between the great sport of football and taking care of your retirement.
Originally aired 8/12/2017
The GenWealth team takes a look at what you should expect from GenWealth Financial Advisors!
Originally aired 8/5/2017
Joel and Scott take a minute to discuss IRAs and why you should buy in.
*This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.
Traditional IRA account owners should consider the tax ramifications, age and income restrictions in regards to executing a conversion from a Traditional IRA to a Roth IRA. The converted amount is generally subject to income taxation.
The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
Roth IRA account owners should consider the potential tax ramifications, age and contribution deductibility limits in regard to executing a re-characterization of a Roth IRA to a Traditional IRA.
The GenWealth Team takes a look at some of the greatest fears involving investment and retirement.
Originally aired 7/29/2017
Eric joins us this week as John, Scott and Mason discuss the "10 Questions to Ask Yourself with Regard to 'Are you prepared for retirement.'"
*The target date is the approximate date when investors plan to start withdrawing their money. The principal value of a target fund is not guaranteed at any time, including at the target date. Investing involves risk including loss of principal.
Originally aired 7/22/2017
John, Janet, Mason and Scott reconvene this week to check out a "Four-Part Method to Evaluate Your Returns."
*There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
Originally aired 7/15/2017
"Don't Let These 10 Mistakes Ruin Your Retirement" with the GenWealth team and part two of our interview with Burt White.
John, Janet, Scott and Mason take a look at your financial independence and feature Burt White in part one of a two-part interview.
The GenWealth team discuses hesitations in investing and "How to Rewire Your Brain to Become a Successful Investor."
Many people spend more time planning their 7-day vacation than their 30-year vacation. Join the GenWealth team as they delve deeper into that idea.
John, Janet, and Scott discuss instant gratification and "Five Smart Money Moves to Make Before Summer."
Sometimes you need to do more than just the basics when preparing for retirement and the GenWealth team takes a look at what else you can do.
John, Janet, Mason and Scott take a look at "Five New Facts About Retirees' Real Health Care Bills."
Janet and Scott discuss the five times you need to talk to your financial advisor about your 401K.
The GenWealth Team discusses the importance of having an advisor who cares about you and not just your investments.
The GenWealth team discusses the importance of having a financial advisor and looks at some of the "Eight Unexpected Retirement Costs."
Is the advisor fee hurting my performance? Brandon talks with Scott about this issue.
*DALBAR’S 2007 Quantitative Analysis of Investor Behavior (QAIB) study examines real investor returns from equity, fixed income and money market mutual funds from January 1984 through December 2007. The study was originally conducted by DALBAR, Inc. in 1994 and was the first to investigate how mutual fund investors’ behavior affects the returns they actually earn.
*There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Investing involves risk including loss of principal. No strategy assures success or protects against loss.
John, Janet, Mason and Scott take a look this week at "The Seven Surprising Reasons People Are Not Saving for Retirement."
John, Janet, Mason and Scott take a look at how your experiences can affect your assumptions and expectations in retirement.
*Indices are unmanaged and cannot be invested into directly. Past performance is not guarantee of future results.
When there seems to be a celebration for everything, the GenWealth team looks at one in particular that can seriously affect your future!
John, Janet, Mason and Scott look at taking some level 10 complex information and transforming it into level 2 communication.
*An investment in Exchange Traded Funds (ETF), structured as a mutual fund or unit investment trust, involves the risk of losing money and should be considered as part of an overall program, not a complete investment program. An investment in ETFs involves additional risks such as not diversified, price volatility, competitive industry pressure, international political and economic developments, possible trading halts, and index tracking errors.
*The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing. The rule of 72 is a mathematical concept and does not guarantee investment results nor functions as a predictor of how an investment will perform. It is an approximation of the impact of a targeted rate of return. Investments are subject to fluctuating returns and there is no assurance that any investment will double in value.
In this week's episode of the Get Ready for the Future Show, the GenWealth Team looks at the five things you MUST do five years from retirement.
John, Mason, Scott and Troy discuss the importance of having a coach in retirement and take a look at the "6 Reasons to Work with a Financial Advisor in Retirement."
The GenWealth Dream Team takes a deeper look at what it means to cut through the confusion and takes a moment to discuss "10 Things to Know About RMDs."
This week, John, Janet, Mason and Scott discuss making the most out of your work's retirement plans.
Eric, Mason, Scott, and Tim come together this week in a post-Valentine's episode to talk about spouses and planning.
Countdown to retirement: John joins the show this week to discuss taking control of your assets.
Tim joins Scott this week to discuss strategies for your tax refund.
*The hypothetical example provided is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing.
In this week's minisode, Brandon and Scott talk about some changes that retirement has gone through over the years.
In this week's minisode, Scott is joined by Hannah and Austin as they discuss their foray into insurance.
John, Janet, Scott and Mason discuss Outlook 2017 and take a look at the "Five Potentially Costly Mistakes That Your Financial Advisor Can Help You Avoid."
John, Janet, Scott, and Mason ring in the New Year discussing the psychology behind resolutions and how to make your retirement resolutions stick.
In this first ever Get Ready for the Future Show minisode, Scott and Brandon discuss a new shift in retirement and the "tripling effect."
The GenWealth Team looks at the "Seven Key Principles for a Successful Retirement" on the last day of 2016 and brings an encore presentation of Chris Hogan's interview from earlier this year.
John, Janet, Scott and Mason look at steps you can take in 2017 to get you on track or keep you on track for retirement.
John, Janet, Mason and Scott discuss the recent changes regarding the fiduciary rule and review "Six Parts of a DoL-Friendly Financial Plan."
The GenWealth Team talks specific questions you should ask aging parents and what discussions you should have with your spouse regarding finances and planning.
The GenWealth team looks at a "2016 Retirement Plan Participant Study" and the importance of starting to prepare for retirement.
John, Scott, and Mason discuss the fact that people are living longer in retirement and review some of the "18 Reasons Americans are Afraid to Retire."
As we approach the holiday season, the GenWealth team ruminates on some things for which they're thankful and dig into planning for the holidays and your retirement.
After a turbulent election season, John, Scott, and Mason are joined by GenWealth advisors Tim and Joel to discuss some of the ramifications for you and your retirement.
The GenWealth Team discusses the "Five Facts You Didn't Know About Retirement" and advisor Troy Johnson joins in this week to discuss his article, "Which Political Party Does the Market Prefer?"
John, Janet, Scott and Mason navigate the spookiness of not being prepared for your retirement.
To plan, or not to plan, that is the question the GenWealth team discusses this week along with the "10-Step Retirement Planning Not-to-Do List."
John, Janet, Scott and Mason talk about the importance of being on the same page with your significant other and the "8 Financial Mistakes That Couples Make That Could Derail Retirement."
The GenWealth team looks ahead at signs and indicators in the economy and at checks out the "Five Warning Forecasters."
John, Janet, Scott and Mason review recent and upcoming changes and John interviews Brian Wesbury, Chief Economist at First Trust Advisors.
The GenWealth team discusses retirement income and "The 5 Things Wealthy People Can Teach Us About Money."
How old should I be? Do I have enough money? When's the right time? John, Janet, Scott and Mason answer these questions and discuss "The 8 Times to Talk with a Financial Advisor."
The GenWealth team takes the opportunity to talk on Labor Day weekend about work ethic, success, and making the most out of what you do.
John, Janet, Scott and Mason take a little stroll through recent history over the last hundred years and how retirement and preparation compares from then to now. The team also discusses the question: What's the most important problem facing the country?
Are you looking for a guide as you step into retirement? The team at the Get Ready for the Future Show have come up with 7 easy action steps to help guide you into a smarter retirement. Also, do you know what the CBI-Skew index is? Mason and Scott shed some light on this little known index.
This episode John, Janet, Scott and Mason discuss 5 traits of successful wealth builders based on their client experiences.
So you've started down this road to retirement but where do you go next? John, Janet, Scott and Mason walk you through the journey. Whether you are just starting out or been on your journey toward retirement this show is for you!
Have you ever wished that you could go back and write a letter to your 16 year old self? What would you say? What would you say to yourself about finances and savings? In this episode of the Get Ready for the Future Show we talk about some of the things we wished we would have known growing up. Plus, we talk about way to help your high school graduate as they move onto college, ways grandparents can help their grandchildren pay for college and practical ways to help your kids learn about investing early in life.
In the first half of this episode Scott, John, Janet and Mason discuss retirement planning in the sense of being able to attain your financial dreams and leaving a lasting legacy to your heirs. Later, they talk about the "debt bomb" and if you should worry about it or not. Listen in!
A recent study by Hartford Funds found that 40% of respondents worry about being a financial burden to their children. How do you avoid that? How do you battle the fear and worry that come with aging? John, Janet, Mason and Scott tackle this issue and more on this episode of The Get Ready for the Future Show.
In this episode we take on the 401k nay-sayers along with the Department of Labor Fiduciary Rule. Also, contributing editor to Investment News, Mary Beth Franklin, joins us to talk about IRAs and Social Security!
"The Boss" said it best when it comes to America's beliefs about retirement "I just want someone to talk to - A little of that human touch". Did you know 69 % of both baby boomers and Gen X-ers don't trust online Financial Advice? We talk about that PLUS we are joined by Retirement Expert Chris Hogan to talk about the Retirement Crisis and what YOU should do about it. Take a listen!
You've heard about runners "hitting a wall", well the same goes for retirement! Scott, John and Mason are joined by GenWealth Advisor Brandon Grable to discuss 4 training tips to avoid hitting the "Retirement Wall"
The R Word (Retirement) some people are scared of it. Some people think negatively of it. Retirement doesn't have to be bad and it doesn't have to be boring. In this episode Scott, John, Janet and Mason discuss why that word has such a negative connotation and what you can do to change it. Take a listen!
Who's taking care of your retirement? You? An Advisor? In this episode, we discuss some very important questions you need to be asking whomever is handling your retirement. Plus, we pull back the curtain on what the appointment process looks like here at GenWealth. Take a listen!
We know all too well about blind spots in our vehicles but what about in retirement? John, Janet, Scott and Mason break down things that you may not know are there, but could be a real danger to your retirement.
Looking for an alternative to traditional bank CDs? The GenWealth team brings to light an option that you can consider. Also, "The Professor" Mason Cozart kicks off his very own segment entitled Market Watch.
News headlines everywhere are screaming about oil prices. Have you ever wondered what makes them rise and fall or if there is a "perfect price"? Our Director of Investments, Mason Cozart tackles that important question. Also,do you know about the proposed American Savings Act? John and Janet give you all you need to know concerning the issue. All that and more on this episode of The Get Ready for the Future show.
Have you ever tried to D-I-Y something yourself and it fail? The same thing can happen in retirement. In this episode of the Get Ready for the Future Show, GenWealth Advisor, Brandon Grable joins John, Janet and Mason as they talk about the Fallacies of the D-I-Y Retirement.
Does looking at your monthly investment statements make you feel like you've been attacked by a bear? No Fear! John, Janet, Mason fill you in on how you can avoid that in the future. Also, Eric Stoffel stops by to talk about the upcoming election and what each candidates proposed tax laws mean for you!
In the last episode in our #oughtabe series, the GenWealth team covers 4 areas that we think that you should be "In the know" about. Advisor Brandon Grable joins John and Janet to talk about millennial savings and "The Professor" Mason Cozart explains what the heck the S&P 500 is and what it really does.
What do dating and finances have in common? John, Janet and Mason discuss this and why it's so important to have a financial advisor.
New Years Resolutions are a thing of the past! At GenWealth we are talking about things you #oughtabe doing in 2016 to get your year started off on the right foot financially. This episode covers the ABC(D)s of having an above average retirement and why you shouldn't be striving to be just average.
Retirement planning can sometimes be full of conventional wisdom. However, that only works if you want a conventional retirement. This week on The Get Ready for the Future Show John, Janet and Mason discuss unconventional thoughts that can prepare you to have Uncommon results in retirement.
With all the negativity surrounding Social Security, can you count on it in retirement? In this episode, we tackle that question and we are joined by the newest member of the GenWealth team, Scott Inman.
There's nothing small about small business. That's why we took a whole show to talk about ways to help small business owners and their employees. Also in this episode we talk with Yolanda Olivarez, the South Central Regional Administrator of U.S. Small Business Administration about small business Saturday and the impact of #shopsmall
Picture this, you're cruising down the interstate at 70 mph and then all of a sudden you hit a pothole. That could cause MAJOR damage right?? Well, the same thing happens in retirement. You could be sailing towards retirement and then all of a sudden a pothole opens up and derails things. In this episode, John, Janet and Brandon talk about common potholes in retirement and how to avoid them!
Are you having a hard time getting a "leg up" on retirement? Have you ever thought that your investing personality could be holding you back? This week, John, Janet and our newest advisor Charlie break down 4 personality types that are keeping you from winning at retirement and how to fix them!
Last week on the Get Ready for the Future show we had the privilege of talking with Mary Beth Franklin about upcoming issues with social security and the elimination of the file and suspend strategy.
Things they are a'changin with Social Security. Recently the government passed a law that takes away an important claiming strategy that has the potential to effect your retirement! Social Security expert Mary-Beth Franklin joins us for an interview to discuss what happened and what this means for your retirement.
Whats scarier than falling victim to a scam or incurring 50% penalty on your IRA?! On this Halloween episode of the Get Ready for the Future show, John, Janet and Mason discuss how to detect and protect yourself against scams and how to plan ahead so you don't get slammed by penalties.
Just like in the "real" world, the financial world has some subjects that people don't like to talk about. In this episode we talk about how to help offset the cost of Long Term Care as well as what happens to your stuff when you pass away.
John and Mason discuss their worst appointments ever and how they could have been prevented!
An IRA seems simple on the surface, but really there is a lot that you can do with it! John, Janet are joined by a couple of other GenWealth advisors as they explore options that could help you prepare for retirement.
Ever wondered what your options are with your old 401k? Look no further. October is IRA month on the Get Ready for the Future show and for the first episode, John and Janet give practical options for things you can do with your old 401k!
Have you heard about the proposed rule that could CHANGE the way you invest your money? John, Janet and a roundtable full of advisors discuss what they see coming down the tracks in Wall Street with the proposed Fiduciary Rule
Last week we tackled the "Fall Effect" and came to the conclusion that it doesn't ALWAYS happen, but we should be prepared for when it does. This episode focuses on the solutions to the "Fall Effect" as well as introduces a new member to the GenWealth team, Richard Yada.
If you look back at history, the market seems to take a dip in the fall most years. Why? What should you do when this happens? John and Janet along with the Chief Investment Officer of GenWealth, Mason, look at the history of the market and tackle this phenomenon.
Volatility is here to stay, but John and Janet address practical ways to make sure you are doing the best you can to avoid mistakes in your portfolio.
With the market going crazy this week, John and Janet talk about the facts of corrections in the market and why we don't believe another 2008 is right around the corner.
It takes discipline and determination to Stay The Course when times are tough. See how John and Janet recommend staying on top with the bottom seems to be falling out.
We all know that it helps to financially stay the course when times are bad, but what about when times are good? John and Janet give practical advice on how to make sure you make the most of things when times are good.
The phrase "Stay The Course" has its origins in military history where one is exhorted to peruse a goal or objective, regardless of opposition or criticism. And Even though "Stay The Course" is a command that might be heard on the battlefield, it has application in just about any kind of investment environment. However, that phrase assumes you have a course to stay on. In This episode, John and Janet discuss why a "course" or plan of action is necessary while planning for retirement.
Have you ever wondered what the bond market and see-saws (teeter-totters) have in common? John and Janet are joined by a surprise guest to talk the similarities between economics and playground toys. Also, this episode contains a HUGE announcement for our central Arkansas listeners, so be on the lookout for that.
In the fourth and final episode of You Can’t Handle The Truth, John and Janet slay 3 important myths about retirement. Everything from Social Security to Healthcare to Bonds and CD’s, John and Janet stress the importance of not giving in to these myths because of the ramifications they can have later in retirement.
This episode celebrates a HUGE milestone for GenWealth as a company! 10 years serving YOU the clients and educating Arkansas about their finances. On this episode, not only do John and Janet break down some of the most common myths when it comes to family finances, they are also joined by the longest tenured staff member at GenWealth, Alisha Macom as they reflect back on the last 10 years!
You’ve been told this stuff since you were able to learn about money, right? A penny saved is a penny earned. A home is a great investment. Money doesn’t grow on trees.According to money experts, these are the types of financial myths that get us into trouble and lead to false ideas about money, saving and investing. That’s the heart behind this series entitled “You Can’t Handle The Truth”. We will explore some of the top myths, dispel them and then offer suggestions on how to move forward without being tricked again.
These are exciting times to be a part of the GenWealth family! We have been growing by leaps and bounds over the past few months and we have added four new team members that are going to help us serve you better. On this episode of the Get Ready for the Future show John and Janet introduce two of those new members and discuss some of the behind the scenes things that have been going on a GenWealth!
GenWealth is founded on 12 core principles. This week, John and Janet unpack a few of the most important ones and share the vision and heart behind the company.