What The Wealth: Recent Episodes
Jonathan Bednar II, CFP🄬
When it comes to financial planning and investing, many of us have more questions than answers. “What the Wealth?!” offers sound financial information and guidance on numerous concerns to help Gen X and Y families and professionals as well as 50-Forward individuals create the lives they love. Jonathan P. Bednar, II, CFP, joined Paradigm Wealth Partners in January 2010, where he is in partnership with his father, Jon P. Bednar. As a Wealth Advisor, Jonathan enjoys guiding his clients to make informed financial decisions and planning as a means to solve their investment and retirement concerns.Securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through Paradigm Wealth Partners, a registered investment advisor and separate entity from LPL Financial.
That “debt-free” feeling is powerful, but the number on your mortgage statement may not be the real price of paying it off. A retirement planning trap that catches a lot of homeowners: Using taxable IRA or 401(k) withdrawals to wipe out the loan, then realizing the tax bill turns a $300,000 payoff into something closer to $395,000. If you’ve been tempted to write a big check for peace of mind, this conversation helps you slow down and measure the full trade-off.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
A simple fable can reveal a brutal truth about retirement: Sometimes the “plan” you’re chasing is the life you already have. We tell the story of The Fisherman and the Businessman to highlight one of the biggest mistakes we see in retirement planning and financial planning: Focusing on building the biggest pile of money instead of building the freedom to live the life you actually want.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
A retirement plan can look flawless on paper and still feel wrong the moment real life changes. We start with Tom and Janet, a couple with a paid-off home, no debt, and a strong nest egg, who originally planned to work a few more years and claim Social Security at 67. The numbers checked out. The stress tests looked great. Then Janet hit burnout and gave herself two days to confirm whether walking away from work was actually possible.
What reshaped everything was time. After Tom’s father was diagnosed with a terminal illness and passed sooner than expected, Tom stopped thinking of retirement as a date and started thinking of it as a limited window of health, energy, and freedom. We walk through how that mindset shift changes the goal of retirement planning, from chasing the biggest possible portfolio to building a sustainable retirement income plan that supports a life you love.
In this episode I break down the key retirement planning levers in plain language: How their net worth and investable assets fund retirement, what a Monte Carlo probability of success really tells you, how retiring at 61 compares with waiting until 67, and how Social Security timing at 62 versus full retirement age affects the plan. We also discuss the practical realities people forget to model, like spending more in the early active years and covering healthcare costs before Medicare.
If you’re exploring early retirement, worried about running out of money, or stuck chasing “perfect” certainty, this conversation will help you think more clearly about tradeoffs and choices.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Most people can name the “retirement age” in a second. But the number that quietly unlocks real flexibility for your 401(k), 403(b), and traditional IRA is 59.5 and missing it can keep you working years longer than you need to. We walk through why that milestone matters, what changes when the 10% early withdrawal penalty goes away, and how access to your retirement accounts can reshape the way you think about retirement timing.
We also challenge the habit of chasing a moving “retirement number.” Markets rise, inflation hits, headlines scare us, and the goalposts shift from $1 million to $2 million to “just one more year.” That mindset feels responsible, but it can ignore a risk you can’t diversify away: Time. We talk about why retirement planning should account for health, energy, and the seasons of spending that show up across retirement, not just a single safe withdrawal rule.
Then we get practical: why the 4% rule is a helpful guideline but not a life sentence, how Social Security timing can reduce how much your portfolio needs to produce, and what a realistic plan can look like for a couple who thinks they’re years away but may be much closer. We also hit the big worries that stop people from retiring earlier, like healthcare before Medicare at 65, mortgages, and family support and how running the numbers often turns “impossible” into “manageable.”
If this helps you rethink your timeline, subscribe, share it with someone who needs it, and leave a review so more people can find smarter retirement income planning. What age do you want your money to start buying your time back?
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Retiring at 65 sounds safe until you look at one overlooked number: Healthy life expectancy.
If the average American starts facing meaningful health limitations around the same age most people leave work, the biggest risk to your retirement might not be the market or your savings rate, it might be the shrinking window of time when you can actually do the things you dreamed about. That’s the wake-up call we dig into, along with what to do before “later” turns into “too late.”
We talk through the difference between being alive and truly living, using real retirement planning experience and global data to show why the United States lags other countries in healthy years. Then we get practical: how to treat health like a retirement account with simple, repeatable habits that protect mobility, independence, and confidence. Because a perfect financial plan on paper is meaningless if you can’t travel, carry luggage, play with grandkids, or enjoy everyday freedom.
On the money side, we challenge the drift of status quo planning and ask a question that changes everything: what would it take to retire at 55? That mindset exposes the levers that build financial independence, including spending less than you earn, avoiding lifestyle creep, protecting relationships, and building a portfolio that matches your real risk tolerance. We also unpack why asset allocation matters more than stock picking and how a written plan and steady guidance can keep you from panic decisions during market crashes.
If you want more healthy years with real choices, hit subscribe, share this with someone who keeps saying “someday,” and leave a review so more people can find it.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Retirement confidence is at its lowest level since 2017, and the twist is that many people are doing “fine” on paper. So why are folks hesitant to stop working? I walk through what I see after helping hundreds of retirees: Confidence is not built by a bigger portfolio. It is built by a clear plan you can follow when inflation spikes, the market drops, or health care costs surprise you.
We start with the data behind the 2026 Retirement Confidence Survey and the real drivers of anxiety: Inflation, rising medical costs, Social Security and Medicare uncertainty, market volatility, and the fear of outliving your money. Then I break down the five building blocks of retirement confidence: Reliable income, cash reserves (including the five-year “war chest” to manage sequence of returns risk), a retirement tax strategy that considers RMDs, Social Security taxation, and IRMAA, thoughtful health care and long-term care planning, and most importantly a written retirement plan that ties it all together.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
A million dollars for retirement sounds like the finish line, until you try to live on it and realize there is no paycheck attached. I’m Jonathan Bedner, a Certified Financial Planner with Paradigm Wealth Partners, and in this episode I'll walk you through a simple, practical way to turn a retirement nest egg into monthly income you can actually rely on. The goal is building a system that feels steady even when the market does not.
We start with the familiar 4% rule and why it can be a helpful guide but an incomplete retirement withdrawal strategy on its own. Then we get specific about the real threats retirees face: Taxes, inflation, sequence of returns risk, longevity, and the behavior traps that lead to panic selling or overspending.
I break down the three-bucket strategy: A cash “paycheck bucket” for near-term spending, a conservative bond war chest often built with bond ladders, and a long-term growth engine in equities designed to fight inflation over decades. We run a clear example using Social Security plus $3,000 per month from an investment portfolio, including how to refill each bucket in up markets and down markets so you are not forced to sell stocks when they are down.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
A buyout offer can feel like a gift, but it can also quietly wreck a retirement plan if you treat the severance cheque like a finish line. Let's walk through the real-world decisions behind Microsoft’s recent reported voluntary retirement style separation package and why moves like this matter to anyone working at a large company. When one major employer offers early exits, the idea spreads fast, and the next offer could land on your desk with a deadline and a surge of emotion.
The five biggest mistakes I see when people accept an early retirement package:
Overvaluing the payout instead of building a durable retirement income plan, underestimating healthcare costs and the Medicare gap, claiming Social Security too early out of fear, forgetting how brutal taxes can be in a package year (salary, PTO, bonus, RSUs, and severance piling up at once), and retiring from something without a clear purpose to retire to.
We also talk through why companies do this, from payroll reduction and reshaping the workforce to freeing capital for priorities like AI and infrastructure.
To help you decide without panic, I share three grounding questions:
Are you financially independent already, does the offer truly improve your position, and what is your best alternative if you stay or work longer?
If you’re within five years of retirement and want clarity on income, taxes, Social Security timing, and healthcare, subscribe, share this with someone weighing a buyout, and leave a review so more people can find it.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Retiring to Tennessee sounds simple until you start adding up the real numbers. We hear the same line again and again: “Tennessee is tax-friendly.” That’s true, but it’s also the fastest path to a bad decision if taxes are the only thing you consider.
In this episode I walk through what “no state income tax” actually means for retirees and what it doesn’t mean. Tennessee doesn’t tax IRA and retirement account withdrawals, pension income, or Social Security at the state level, which can be a meaningful benefit for people moving from high income tax states. But federal taxes still apply, and the biggest win is often better tax planning flexibility, especially if you’re considering Roth conversions early in retirement. Let's also pressure-test the assumption that Tennessee is always “lower cost.” Housing has climbed fast in places like Nashville, and even historically affordable areas like Chattanooga and Knoxville are changing as more people move in.
The trade-offs people miss on the highlight reels: High combined sales tax that can approach 9% to 10%, healthcare access that varies a lot by location, and weather realities like hot humidity, storm risk, and brutal seasonal allergies. We also talk about growth and infrastructure, including traffic congestion and rising demand that can reshape the day-to-day experience of retirement.
If you’re thinking about relocating for retirement, use this conversation as a checklist for evaluating taxes, cost of living, lifestyle fit, and your full income strategy. Subscribe, share this with someone considering a move, and leave a review with your biggest question about retiring to Tennessee.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
There’s a retirement risk almost nobody models, and it has nothing to do with the stock market. It’s the quiet trade you make when you keep working past the point where your healthiest years are already slipping away.
We stitched together several of my most important retirement planning clips into one focused compilation. First, I explain why age 58 can be a real turning point: health, energy, and mobility start to change while the “compounding magic” of your savings matters less than you think. We unpack the difference between time on paper, usable time, and high quality time and why the decade from about 58 to 68 often holds the best shot at travel, freedom, and doing life on your terms. If market headlines keep you waiting for perfect conditions, I’ll show you why those conditions never arrive and why a stress tested plan is what actually creates confidence.
Next, we get practical on Social Security strategy. I walk through five reasons claiming Social Security at 62 can be smart, including cash flow needs, health, reducing pressure on your investment portfolio, reinvesting benefits, and the break even math. Then I lay out four straightforward ways to increase Social Security benefits, from the 35 year earnings rule to spousal and survivor benefits, plus why claiming decisions must coordinate with taxes, Medicare IRMAA, and required minimum distributions.
Finally, I cover why a ~$1.9 million portfolio changes the questions you should be asking. The focus shifts from “will I have enough” to tax planning, withdrawal strategy, risk alignment, simplicity, and legacy planning so the wealth you built actually supports the life you want.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
The hard truth: Most retirements don’t fail on spreadsheets. They fail in real life when emotions, freedom, and spending collide. After decades of doing everything right, it’s easy to feel like you’ve earned the luxury car, the bigger house, the nonstop trips, the generous gifts, the open tab for adult kids, or even the dream vacation home.
I break down why those “deserved” purchases often carry long tails of cost—depreciation, insurance, utilities, maintenance, taxes, and expectations—that quietly outgrow the portfolio meant to fund the next 30 years.
Six retirement regrets I see again and again: The luxury car trap, upsizing the house, travel without limits, pricey gifts that become norms, ongoing support for adult children, and the vacation home illusion. For each one, we dig into the hidden math, the emotional triggers that make smart people overspend, and practical alternatives that protect comfort and joy.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Too many retirees make one pension decision they can’t undo and it reshapes their entire financial future. We break down the real trade-offs hiding behind payout options, survivor benefits, and the lure of a lump sum, then show you how to weave your pension together with Social Security and investments to build a calm, resilient retirement plan.
We start by reframing the pension as a supercharged bond; steady, predictable income that can cover the must-haves and free your portfolio to fund the fun stuff. You’ll learn a simple two-column method to map fixed expenses against guaranteed income, why 80 to 100 percent coverage is a powerful target, and how that floor helps you sleep at night when markets get rough. From there, we unpack the key payout choices: single life for maximum income, joint-and-survivor to protect both lives, and variations with different survivor percentages. We explain how to stress test each option against age, health, tax implications, and timing your Social Security benefits.
A candid case study shows the cost of chasing the biggest monthly number and leaving a spouse with too little income. We also walk through when a lump sum can work; low fixed expenses, solid guaranteed coverage, strong legacy goals, and the discipline to manage market risk after rolling to an IRA. To keep you out of trouble, we highlight common mistakes like ignoring inflation, misreading the pension’s bond-like role, and making decisions in silos instead of as a system. By the end, you’ll have a clear framework: cover essentials with guarantees, fund goals with growth, and choose a payout that protects the person you love most.
If this helped you think more clearly about your pension, subscribe, share it with someone who needs it, and leave a quick review. Your support helps others find the show and make smarter, safer retirement choices.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
The years between your last paycheck and your first Social Security or RMD can be the most valuable tax planning window of your life. We call it the Golden Window, and it’s when your income is low, your tax brackets are flexible, and your choices can reshape your entire retirement. In this conversation I lay out the strategy that helped one couple save $180,000 in lifetime taxes without sacrificing lifestyle or taking more risk.
We unpack how to use low-income years to your advantage: converting pre-tax IRAs to Roth at favorable rates, harvesting long-term capital gains at 0% in some cases, and rebalancing or simplifying portfolios with minimal tax impact. Why delaying Social Security and pensions can open room to “fill” the 12% or 22% bracket with Roth conversions today to avoid 24% to 32% later. You’ll learn how proactive moves now can shrink future RMDs, reduce IRMAA surcharges on Medicare premiums, and lower the portion of Social Security that gets taxed.
You’ll also hear a step-by-step case study of Mark and Linda, both retired at 62 with most of their savings in IRAs. By living from cash and brokerage for five years and converting $60,000 to $100,000 annually before age 67, they moved $380,000 into Roth accounts, cut projected RMDs from $78,000 to $32,000, avoided IRMAA, and kept more of every benefit. Common pitfalls to avoid—claiming Social Security too early, turning on pensions immediately, skipping conversions, and ignoring bracket math—and a clear framework to plan year by year.
If you’re looking to build a smarter retirement tax plan and stop tipping the IRS, this breakdown gives you the blueprint. Subscribe, share with someone planning to retire soon, and leave a review with the question you want answered next.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
In this episode, I explain how inheritances go wrong and lay out a plan to keep wealth private, tax-smart, and protective. We compare wills and trusts, share real examples, and detail tools that shield heirs from probate, overspending, taxes, and outside claims.
• Hidden risks of probate, cost, delay, and publicity
• Living trusts for privacy, speed, and control
• Trust funding steps and trustee selection
• Spendthrift structures to prevent blow-ups
• Rules for age, milestones, and needs
• Roth conversions and the 10-year rule
• Asset protection
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
We break down a costly estate planning mistake that can cost you six-figures with the IRS!
A simple change in timing preserves the step-up in basis. A real client story and a simple change that can preserve your gift.
• The risk of gifting appreciated real estate
• What's the step-up in basis?
• Probate, good or bad?
• Simplify gifting
• When and how to consult attorneys and advisors
• Practical steps for rentals, equities, and businesses
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
In this episode I share a real-life example of how a couple with $1.4 million was feeling crushed by cash flow but found relief with a 5% contribution change and a focused debt reduction. Small, smart tweaks restored breathing room, protected retirement, and funded key home repairs without new loans.
• How saving more can add stress when cash flow is tight
• A small 5% 401(k) reduction created real breathing room
• Setting up a debt snowball for quick wins
• Rolling freed cash into essential projects
• Preserving long-term retirement while easing today’s pressure
• The right time to restore higher contributions
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
In this episode I share three practical questions that can reshape retirement:
- Who you’ll have lunch with,
- Who will handle home tasks, and
- How you’ll get an ice cream cone?
The focus shifts from bucket lists to daily life, social health, safety, and mobility, with steps you can act on now.
• Why day-to-day design beats bucket lists
• Planning social routines to avoid loneliness
• Right-sizing the home and safety upgrades
• Protecting mobility and spontaneity with transport options
• Blending tech tools with community and family help
• Budgeting for services that sustain independence
• Key stats from MIT AgeLab and practical examples
More on the study and MIT AgeLab
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
A portfolio can grow while confidence shrinks—especially when every question gets answered with a statistic. In this episode I unpack a real case study of a retired couple who were told for 16 years to stay “70/30” and not touch their income because actuarial tables said they might live to 95.
The returns looked fine on paper, but the plan didn’t feel like their life. So we rebuilt the conversation from the ground up: listen first, translate goals into cash flow, then design a structure that buys time and reduces stress.
We walk through a simple, durable bucket strategy anchored by a five-year income “war chest” funded with fixed income and implemented through a bond ladder. When markets wobble, that ladder matures on schedule, keeping monthly checks uninterrupted and avoiding forced equity sales. With near-term income secured, we show how to responsibly raise their retirement paycheck by a few hundred dollars and create a path to adjust upward as the portfolio grows. It’s a shift from product labels to lived experience—less jargon, more clarity about how money supports everyday choices.
We also explain why weekly market commentary can amplify anxiety, and how reframing communication around the psychology of money helps clients feel calm, confident, and in control. If you’ve ever wondered whether your retirement plan is built around your goals or someone else’s template, this story offers a blueprint for change: align values, secure cash needs, and let time do its work. Subscribe for more practical strategies, share this with someone stuck in “set-and-forget” mode, and leave a review to tell us what would make you feel more confident about your retirement.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
On episode 114 we lay out how the potential expiration of enhanced ACA subsidies after 2025 could affect early retirees and what can be done ahead of time to prepare.
Practical planning moves to manage MAGI, use HSAs, shore up cash flow, and keep retirement on track without panic.
• Expanded subsidies, what they did and why they matter
• When the enhancements are set to expire and likely 2026 impact
• How uncertainty creates budgeting stress for early retirees
• Sticker shock for ages 58–64 off employer plans
• MAGI management with CPAs and planners
• HSA strategy to bridge pre‑Medicare years
• Delaying large purchases to maintain flexibility?
• Should you consider part‑time work with benefits?
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
I discuss the long-held myth that $1 million is the universal retirement target and explore why your personal number depends on your unique circumstances and goals.
• The million-dollar retirement target originated from the 4% rule but does it account for today's economics?
• What's the impact of Inflation, healthcare costs, increased longevity, and market volatility on the million-dollar benchmark?
• Your retirement number depends on lifestyle, debt, location, family obligations, and income sources
• The danger lies in either over-saving and missing out on life now, or under-saving and risking running out of money
• Rather than focusing on someone else's benchmark, build a plan based on your expenses, guaranteed income, and personal goals
• Our 6-5-4 bucket strategy helps clients build personalized retirement plans that match their values and dreams
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Tax laws have changed dramatically with the passage of the "One Big Beautiful Bill," and your retirement planning strategy likely needs to adapt. This sweeping legislation extends several tax cuts and Jobs Act provisions while adding several powerful new deductions specifically targeting seniors and retirees.
Take a listen and to hear how these changes may affect your retirement.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
We recently worked with clients who had nine different financial accounts at nine different institutions with no coherent strategy, including around $450,000 sitting in cash earning nothing. After moving from California to Tennessee, they were struggling with both lifestyle adjustments and financial disarray while approaching retirement within five years.
How we helped:
• Consolidated nine accounts into fewer, more strategic "buckets" for better clarity and purpose
• Created a plan to systematically withdraw from a beneficiary IRA while funding Roth IRAs
• Moved bank deposits into interest-bearing accounts generating approximately $1,200 monthly
• Focused on creating simple, understandable plans rather than complex strategies clients won't implement
• Building momentum through small financial victories to increase confidence
• Helping clients navigate lifestyle changes like managing propane heating costs in rural Tennessee
• Working toward comprehensive retirement timing and Social Security optimization
If you haven't already subscribed to the podcast or the YouTube channel, please do so. That helps me more than you know. Be confident in your retirement. Have a wonderful day.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Market downturns naturally trigger anxiety for investors, but having a better understanding of your investment strategy can provide peace of mind during market turbulence.
• Broad-based market ETFs diversification vs individual stocks
• Creating the fixed income "war chest"
• Laddered bond strategies—what are they?
• Applying at least a 5-year perspective
• "Anchor bias"
• Taking breaks from the news
If you enjoyed today's episode, please subscribe to What the Wealth and share it with someone who might benefit.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
In this episode I'll walk you through a detailed retirement case study for David (73) and Tammy (65) who have $625,000 in retirement savings plus a $180,000 business stake to sell, examining if they can retire comfortably with these assets.
• Will their combined SS benefits of approximately $61,000 annually cover their basic annual expenses?
• Monte Carlo simulation shows an 81-83% probability of retirement plan success, even with a $30,000 European trip and $50,000 home repairs—will that work?
• Taking SS at 65 instead of 70, what's the impact?
• Will the plan remain viable even if markets perform below average for the next 30 years?
• Long-term care expenses represent the biggest threat, dropping their success probability
• Will their modest retirement savings support a comfortable retirement with proper planning?
• Inflation needs to be factored in
If you're curious about your own financial plan or how to turn your nest egg into a reliable retirement paycheck, reach out to us at Paradigm Wealth Partners. We provide full-service investment management and financial planning to help you be confident in your retirement.
▶️ Access this episode on YouTube to see all of the planning and details
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
The 6-5-4 bucket strategy can transform your retirement savings into a sustainable income stream while maintaining long-term growth potential.
In today's epsiode I dive into this on more detail: A simple yet powerful approach that creates a clear withdrawal plan that provides both financial security and peace of mind during market volatility.
• Calculate your retirement income needs
• Set aside living expenses in an emergency fund
• Five years (60 months) of income needs in a second bucket
• Invest the remaining portfolio for growth
If you want to learn more about how the 6-5-4 strategy may apply to your situation, reach out directly for personalized guidance.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
We unpack a strategy to transform an inherited IRA into tax-free retirement wealth through a strategic Roth conversion. A client recently inherited $52,000 from his mother and was taking RMDs without a clear plan until we implemented this approach.
What you'll learn:
• Inherited IRAs become "beneficiary IRAs" when passed down to non-spouses
• Beneficiary IRAs must be fully depleted within 10 years
• RMDs are calculated based on prior year account value and IRS tables
• Taking RMDs without a strategy can miss major tax planning opportunities
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Market uncertainty triggers two distinctly opposite responses from investors.
We see some frantically call ready to cash out, while others eagerly seek opportunities to deploy additional capital.
The CNN Fear and Greed Index currently sits around 20 (out of 100), indicating fear among investors.
For investors wrestling with uncertainty, several critical points deserve consideration. Let's remember, successful investing requires adherence to long-term planning rather than emotional reactions. Market timing demands being right twice – when selling and when buying back in – a challenge that defeats most investors who typically wait until markets "feel good" again, missing substantial portions of the recovery.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Market volatility triggers panic, but historical data reveals why staying calm and sticking to your financial strategy is the smartest approach during turbulent times.
• Every time CNBC has aired a "Markets in Turmoil" special since 2010, the S&P 500 was higher one year later by an average of 40%
• Market fluctuations are natural and expected parts of long-term investing
• Panic selling locks in losses and typically causes investors to miss the subsequent rebounds
• Market value is fundamentally driven by corporate earnings, but short-term movements are heavily influenced by fear and greed
• A "war chest" or "bond buffer" with five years of fixed income can provide both income and psychological reassurance during downturns
• Market declines represent buying opportunities, especially when quality investments have been indiscriminately sold off
If you haven't already subscribed to the podcast, please do so. It really helps us. If you're looking for a second opinion or want help, or even if you have a question, send it to info@ParadigmWP.com.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Are you confident that your home insurance will cover you in times of crisis? When disaster strikes, many homeowners discover they lack sufficient protection. In this episode, I dive into the world of property and casualty insurance, especially as it relates to rising 📈 home values and recent catastrophic events across the country.
The importance of maintaining accurate insurance levels for your home and this conversation underscores the urgency of reevaluating your current policy to reflect your home's true worth.
- Often-overlooked aspects of liability coverage
- Safeguarding not only your home but also your wealth against unforeseen accidents
- Specialty items and the need for riders or additional coverage to protect valuables from damage or theft
We also introduce the concept of umbrella coverage, debunking misconceptions about its high costs while emphasizing its crucial role in financial safety.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
The recent sell-off in NVIDIA's stock highlights the fears surrounding market volatility. Past events quickly emphasizes the importance of maintaining a robust financial plan and understanding emotional market reactions.
On this episode:
• The emotional impact of market headlines
• Significance of NVIDIA's decline in the context of market stability
• Historical perspectives on market downturns and recoveries
• The necessity of a diversified investment portfolio
• Importance of financial planning in overcoming fears
• Strategies to weather economic storms with confidence
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
This episode focuses on healthcare options for early retirees, highlighting the Affordable Care Act and its accessibility.
I share insights into navigating healthcare.gov, addressing chronic health issues, and making informed decisions without the need to remain in the workforce solely for insurance.
• Discussion of a couple's specific healthcare concerns
• Explanation of the Affordable Care Act and its benefits
• Step-by-step guide to using healthcare.gov for plan comparison
• Importance of evaluating chronic health conditions in plan selection
• Strategies for early retirement without sacrificing health coverage
• Encouragement for taking proactive steps in healthcare planning
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Retirement is not just a distant dream; it's an achievable destination that requires strategic navigation. The What the Wealth Retirement Podcast unravels the complexities of planning for your golden years.
As I shift the focus of our discussions, I’m excited to provide content that directly speaks to the retirement goals of our diverse audience. Whether you're dreaming of retiring at 50 or planning to stay active until you're 90, I've got the expertise to guide you through.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
I look back on 100 episodes of What the Wealth with gratitude and pride. It's been a fun pursuit and your support has made it that much more rewarding.
As we go forward, I am thrilled about the promise of more consistent episodes filled with fresh, empowering content. Whether you're a loyal follower or tuning in for the first time, there's always something new to learn and grow from.
Here's to the next 100 episodes and being confident in our financial endeavors. Thank you for being an essential part of What the Wealth, and let's continue to inspire each other.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
What happens when financial stability suddenly feels distant? Temporary cash flow challenges can feel overwhelming but they don't have to derail your long-term financial goals. In this episode I explore strategies to keep your head above water without compromising your future, such as adjusting savings contributions for a bit of breathing room.
This episode is for anyone grappling with financial decision-making during uncertainty. Whether it's planning for a child's college education or managing the impact of rising interest rates on your home payments, the key is maintaining flexibility and patience. I'll guide you through real-life scenarios, offering insights to help you make informed choices that align with your financial objectives.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
The AI revolution is upon us and it's reshaping industries, work-life, and investment landscapes. On this episode I discuss the world of artificial intelligence, and together, we'll explore AI's unique ability to "think" and the duality of its impact—where it stands as both a creator and disruptor of jobs.
Let's confront the challenges of industries hesitant to embrace automation and understand how adaptation not only ensures survival but paves the way for new opportunities.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
How does the Federal Reserve's latest rate decision influence your financial future?
With inflation taking a roller-coaster ride from 9% to a more manageable 3%, we explore the Fed's motivations for this rate cut and its broader implications for your portfolio.
Reflecting on the history of inflation—from the days of 10-cent Cokes to today's prices—we consider what the future holds for consumers and investors alike. As we dissect the market's response, we'll also touch on recent job reports and the Fed's commitment to steering the economy through these choppy waters. Whether you're planning for retirement or evaluating your next big investment, this conversation provides insights to guide your financial decisions.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
We're all curious as to what the Fed's going to do with rates. On this episode we attempt to tackle this burning question. We start by retracing the economic journey since 2021, exploring how post-COVID inflation surged to 9% and prompted the Fed to raise interest rates aggressively. Despite these higher borrowing costs impacting mortgages, auto loans, and credit cards, our economy has shown remarkable resilience, thanks to a strong labor market and hefty savings. Now, with inflation reduced to around 3.4%, we evaluate whether the Fed's measures have been effective and consider the potential benefits and risks of a rate cut.
Join us for a dive into the Federal Reserve's potential strategies amid recent economic trends.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Are you prepared to navigate the rollercoaster of emotions that accompany a relentless bull market, from the dizzying heights of confidence to the potential perils of complacency?
Lets cut through the noise and discuss practical wisdom for staying grounded amidst the market's unpredictable ups and downs.
- How will the disruptive force of AI innovation reshape the economic landscape, if at all?
This conversation will help equip you with strategies to build a resilient portfolio and confident frame of mind designed to withstand the market's inevitable ebbs and flows.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
When my cousin casually mentioned he didn't have life insurance for his non-working spouse, it sparked an important conversation. This episode is a must for anyone that underestimates the economic value of a stay-at-home partner.
Don't let the absence of a salary fool you into thinking there's an absence of value; we break down the cost of replacing those day-to-day tasks and why ensuring both partners are insured is a cornerstone of prudent financial planning.
We discuss practical methods to calculate life insurance needs without overlooking the irreplaceable role of the partner at home.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Signal Mountain Road in Chattanooga is getting ready to host it's newest tenant: Paradigm Wealth Partners is officially moving in!
As my family and I plant our roots even deeper in Chattanooga, this expansion isn't just business growth; it's a personal celebration of community and connection.
Stay connected with our new office location progress and future ribbon cutting.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Imagine navigating the delicate balance between nurturing a generous heart and managing newfound wealth. That's exactly the journey we embarked on with a client who, after receiving a significant inheritance, grappled with how much they could give to their community without risking financial security. As a dedicated Financial Planner, I'm thrilled to share the story of this client's inspiring path towards sustainable philanthropy. Through their eyes, we explore not only the joy of giving but also the strategic planning that allows for impactful, community-focused donations.
This episode of What the Wealth podcast is an illuminating session on integrating charitable giving with financial stability. We unravel the practical methods employed to maximize our client's desire to contribute, ensuring their generosity doesn't compromise their own fiscal health. It's a narrative filled with heart and numbers, showcasing the profound satisfaction that comes from meaningful giving. Join us as we reveal the steps to creating a giving plan that aligns with personal values and the sheer happiness that blossoms from supporting others.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
A quick recap of the timeless investment wisdom of the late Charlie Munger, Berkshire Hathaway's renowned Vice Chairman, as we reflect on his teachings about the virtue of patience.
Can sitting tight with your investment portfolio truly outperform the frantic dance of buying and selling in today's market?
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Who could have predicted the ironclad resilience of the stock market amidst the tumultuous events of 2023? In this episode I peel back the curtain on a year where, against all odds, the market leaped in the face of dire predictions, rate hikes, and global instability.
A few of my thoughts on the reasons behind this defiance of expectations, along with historical patterns that challenge the myth of boom-and-bust cycles. Plus, get a clear understanding of why holding steady in your investments might just be your ticket to financial success.
Navigating the sea of financial advice can be as perplexing as the markets themselves, but I'm here to guide you through the fog.
Remember, the wisdom shared in this journey is for broad strokes—when it's your personal portfolio on the line, nothing compares to the expertise of a Certified Financial Professional®.
Tune in and arm yourself with the knowledge to sail confidently through the ever-shifting tides of the financial world.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
What if there was a way to navigate the uncertainties of long-term retirement investments using past trends of the S&P 500 index? Don't let short-term market fluctuations deter you. The truth is, investing for retirement requires a marathoner's perspective, not a sprinter's. Join us as we unpack the weighted 30-year rolling average of the S&P 500, demonstrating why it's crucial to keep your eyes on the long-term prize. You'll be heartened to learn that historically, there have been more years of market ascent than descent.
We're also lifting the veil on the importance of informed decision-making and professional advice for securing a prosperous financial future. Learn about the range of services offered by firms like LPL Financial and how a licensed professional can make all the difference in steering your financial future. We're here to empower you with the knowledge to make informed choices and the confidence to face your financial future without fear. Tune in, and let's tackle the complexities of retirement investment together.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Are you tired of the daily grind and looking for ways to diversify your income? Ready to ditch the misconceptions about 'easy' passive income strategies? In this episode I take you on an enlightening journey into the world of passive income. We'll bust some myths, such as the idea that real estate investing or becoming a social media influencer is entirely passive. Instead, I'll introduce you to the potential of dividend growth investing. This strategy doesn't require a heavy-duty capital infusion or a hefty loan from a bank, and it allows you the flexibility to pause and restart at your convenience.
Our conversation doesn't stop at passive income; we also delve deep into wealth creation and financial decision-making. I'll underline the importance of consulting with qualified professionals and making informed decisions based on individual circumstances. We'll address the potential risks involved in investing and discuss different strategies to protect your portfolio. With insights from my real-life client conversations and practical advice, this episode aims to guide you on your path to financial independence. Whether you're setting out on your financial journey or looking to diversify your income, this episode promises to arm you with the insights and strategies you need.
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
Ever wondered how to make your money work better for you by leveraging the power of Roth conversions? Join me, Jonathan Bednar, co-owner of Paradigm Wealth Partners, as we journey through the complexities and benefits of this financial strategy. As a certified financial planner, I shed light on the essentials of liquidity, tax implications, conversion methods, and the best timing for conversions. We debunk the myth of income limitations and examine the impact of required minimum distributions (RMDs) on this strategy.
Dare to venture further with us as we untangle the implications of the Tax Cuts and Jobs Act of 2017 on the aspects of Roth conversions. We'll also delve into the long-term tax benefits of a Roth IRA and take a closer look at the potential future of tax brackets and their influence on the conversion decision. We'll expose the real costs and fees associated with Roth conversions, providing a complete lowdown on this financial strategy. So, if you're looking to make smarter and more effective wealth management decisions, then this episode is your perfect guide. Tune in!
🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly
↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/
🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/
🌐 What the Wealth (website) – Adding clarity to difficult financial topics: https://whatthewealth.com/
▶️ YouTube: What the Wealth / Paradigm Wealth Partners
If you or someone you care about could use the help of a financial advisor and sees the value in establishing a financial plan, please reach out to me.
Thanks for Listening!
Jonathan
In the conversation about real estate investments, a lot of people are for it and many are against it. Investment philosophy can be very personal. For me, real estate is something I like to invest in, but it’s important to understand all the factors that come into play, such as interest rates, inflation, borrowing costs, affordability, and more. So, in this episode, I will talk about the impact these kinds of investments can have on your financial future and retirement.
You can find show notes and more information by clicking here: https://bit.ly/3YaBFKN
Have you ever felt like your future self is a stranger? Or that some future goals are a bit too far away to understand? That's because, scientifically, our brains struggle to connect with the future version of us. Join me as I unpack some fascinating research from UCLA's professor Hal Hershfield, and unravel the implications it has on our ability to pursue long-term goals.
You can find show notes and more information by clicking here: https://bit.ly/3r60Y3V
A lot of people talk about bonds as a way to generate income “safely” in retirement and say that all you need is to own a bunch of bonds and you’ll be safe, but I don’t necessarily agree with that. There are ways to use bonds for retirement income but it needs to be done in a way that is specific to your unique retirement needs. In this episode, I’ll share the most important information you need to know in order to build a retirement portfolio that allows you to fulfill your retirement goals.
You can find show notes and more information by clicking here: https://bit.ly/462qBTh
How much should you have saved for retirement? Are you on track? I get questions like these often from people—and for good reason. Retirement is lasting longer for some people and there are many people who want to retire early so, really, you probably need to be saving more. But how much more should you be saving? There are a lot of variables that come into play, so in this episode, I’ll discuss a few of the most important things to keep in mind.
You can find show notes and more information by clicking here: https://bit.ly/43yOekh
How can we plan for the rest of the year? What should we be looking out for financially as we move into the second part of 2023? There have been lots of questions and concerns about where the market has been and the last 18 months where interest rates, inflation, and market changes have been difficult. In this episode, I will share what we see coming in the short-intermediate term and discuss some important things to think about when it comes to the markets in the final half of this year.
You can find show notes and more information by clicking here: http://bit.ly/436ARaK
Many people who reach their 80s and 90s want to start transferring their assets to their kids early rather than wait for it to be inheritance—but this may not always be the best way to do it. In today’s episode, I’m going to be sharing important insight into passing assets on to your beneficiaries. You will hear about common mistakes that parents make when trying to gift assets to their children, as well as how you can make the process easier and less of a financial burden on your beneficiaries.
You can find show notes and more information by clicking here: https://bit.ly/3oUFE0r
One of the biggest risks in your retirement is taxes. So today, I’ll be talking about how you can avoid a big tax bomb and how you can start making key decisions now that will help you navigate and plan for tax time next year. There’s a lot we can learn from our past year or so of filing, so I’ll also share how you can put that information to work for you to help you make the most of your money.
You can find show notes and more information by clicking here: https://bit.ly/3H2FI4q
Are you ready for the twists and turns of life? Unexpected events happen all the time, and as I watch the aftermath of the tornado damage near Little Rock, Arkansas, it’s a big reminder about the importance of having a plan. This is a show about finances and financial planning, but in this episode, you’ll be hearing about a different kind of planning.
You can find show notes and more information by clicking here: https://bit.ly/40CI7u9
Today, I’m going to be addressing the most recent banking crisis that has been creating a lot of buzz lately. You will get to hear my analysis of the current crisis compared to other similar ones we have seen throughout history, as well as a few different things you can watch out for when it comes to situations like this.
You can find show notes and more information by clicking here: https://bit.ly/3FFzZ3A
The last 15 months have been very tumultuous as a long-term equity investor. As rates have ticked up to help fight inflation, we’ve seen the bumps on the chin taken by our equity portfolios. Over time, the constant beat-down of the market and the financial media coverage can really weigh on the investor’s psyche, so today we’re going to talk about a big question I’ve been getting frequently: “Should I take my money out of the market?”
You can find show notes and more information by clicking here: https://bit.ly/3mx9ZAY
Where do we sit now with the debt ceiling—and what does it all mean for the U.S.? We’ve had some questions about what the debt ceiling is and why it’s important, so in this podcast, I’ll be answering these questions and more. You will hear how it got started, the historic patterns of debt in the U.S., where things look like they’re going, and how all this may affect you.
You can find show notes and more information by clicking here: https://bit.ly/3SiACoV
Today, we’re going to dive into a replay of a webinar I hosted on January 27th called "2023 Market Outlook." I’m joined by financial planner Katie Kavehrad and my father, Jon Bednar, to talk about a few different market pieces that we’re internalizing and giving advice and guidance to our clients on in the coming year. Listen in as we discuss the debt ceiling increase, S&P 500 valuation measures, consumer confidence surveys, and more.
You can find show notes and more information by clicking here: https://bit.ly/3YtEtBB
In this episode, I’ll be covering just a portion of the SECURE Act 2.0 – specifically pertaining to required minimum distributions (RMDs). If you are retired or getting close to your retirement, understanding the changes that are going on with RMDs is the first step to keeping up-to-date and ensuring you’re utilizing and optimizing your retirement funds in the best way possible.
You can find show notes and more information by clicking here: https://bit.ly/3QZuD7W
In today’s episode, I’ll be addressing a few questions that I’ve been getting from my clients regarding the economy, the market, and my predictions for the future. This is such an important thing to talk about right now, so I will share my thoughts on this, as well as four essential investment principles that you need to understand as we enter 2023.
You can find show notes and more information by clicking here: https://bit.ly/3GR0owh
It can be hard to focus amidst the hustle and bustle of the season, but there is a trick that I’ve found works well to help with that. In this episode, I share a sketch from personal finance thought leader Carl Richards that makes things a bit simpler, as well as a reminder to take time to think about and focus on what’s important.
You can find show notes and more information by clicking here: https://bit.ly/3YChNje
“I have $100,000 to invest, but I don’t want to lose money.” Someone said this to me recently, and it inspired me to sit down and chat with you about this topic today. You will get to hear a bit about the mindset that lies behind a statement like this and why it can actually end up hurting your financial health.
You can find show notes and more information by clicking here: https://bit.ly/3uidITy
In order to fully understand qualified charitable distributions, you’ll want to know what required minimum distributions are and how they work. Today we have Katie Kavehrad back on the show to discuss the inner workings of RMDs and QCDs. If you’re retired or approaching retirement age and you want help building your tax planning strategy, the tools talked about in this episode are for you!
You can find show notes and more information by clicking here: https://bit.ly/3USOmqy
It’s important to know as much as you reasonably can about the financial tools you have in your tool bag. Katie Kavehrad joins me again today to talk about Donor Advised Funds (DAFs) and how this particular tool can be used for charitable giving, investing strategies, financial planning, and more. In this episode, you will get a better understanding of the different roles DAFs can play in your finances and giving opportunities.
You can find show notes and more information by clicking here: https://bit.ly/3U5aWf7
Today Katy Kavehrad, a financial planner at Paradigm Wealth Planners, joins the show for the first time! We're covering how she helps clients achieve their goals, as well as key things that are happening in financial news and markets. You'll hear good news, insight into what to watch carefully, and more.
You can find show notes and more information by clicking here: https://bit.ly/3CWn3Fy
Today I want to answer some questions that have come up lately in light of the recent market turbulence and volatility. There are a lot of “what if?” questions floating around people’s heads, and today I will provide some clarity and answers that will offer a bit more relief or a sense of preparedness. By clearly defining things like risk and volatility, as well as understanding the other fear factors out there right now, you can find a better way to make smart decisions around money.
You can find show notes and more information by clicking here: https://bit.ly/3SQx50i
A stable retirement portfolio is something that we are all seeking and working to ensure. In this episode, I’ll share how bond laddering can be used as a strategy when investing to reduce risk and increase stability. You will get some quick and easy insight into what a bond is, the types of bonds out there, and how laddering can be used to reduce a variety of risks.
You can find show notes and more information by clicking here: https://bit.ly/3qU5TBO
Just a short time ago, on August 16th, The Inflation Reduction Act was signed into law. So, can we expect inflation to go down? Will this affect your finances in any specific areas? Listen in to hear the most important things you need to know about and how to properly navigate the changes this bill may bring.
You can find show notes and more information by clicking here: https://bit.ly/3AW6ac4
Playing it safe to avoid losing your money can seem like the only rational strategy. However, in the past, we have seen repeated patterns of a market downturn that send the world into a panic. Despite these crises, the market has always been resilient and eventually bounced back, stronger than before. So, in this episode, I will be explaining why long-term investors who don’t sell in a panic or lose sight of their financial goals are generally rewarded.
You can find show notes and more information by clicking here: https://bit.ly/3dTVVgx
A few weeks ago, a client mentioned to me that they had an old Roth IRA from years ago that they had lost track of. This reminded me that there is a search that you can do for lost property. So, if you or someone you know ever find yourself in the position of needing to find some kind of property or resource that you lost, this is the episode for you.
You can find show notes and more information by clicking here: https://bit.ly/3vO4Mqc
We often spend so much time chasing the next thing, moving to the next task, and completing the checklist that we don’t take the time to stop and ‘smell the roses.’ In this episode, I share a moment in a conversation where a colleague reminded me how important it is to truly celebrate our wins in life. You will also hear about some of the recent wins I have been encouraging clients to celebrate.
You can find show notes and more information by clicking here: https://bit.ly/3AJgm99
It’s really important to build perspective around the bear market we’re currently in, the talk about recession, the anxiety, and more. Now is the time to really look at the stats so that we can have a better understanding of what’s going on and what happens next. In this episode, I’ll be covering some important stats, as well as listener questions that all go hand-in-hand.
You can find show notes and more information by clicking here: https://bit.ly/3AJgm99
Thought-leader in the world of personal finance Carl Richards said, “We all know that no matter how worried, scared or excited we’re feeling, 2+2 always equals 4. But when it comes to money, money equals feelings.” This is a great way to see how money is very much related to emotions, and that is what I’ll be addressing in this episode. Join me as I unpack the risks of emotional decisions and clouded judgment, as well as how to get one step ahead of yourself in this area.
You can find show notes and more information by clicking here: https://bit.ly/3AdiohA
Cybercrime continues to evolve, and with new threats surfacing every year, it is more important than ever to ensure you are secure. Taking some basic precautions, as well as learning how to recognize cybercrime, are crucial first steps to take to help protect yourself and your data. So, how do you know what to look out for? Jonathan Addington, President of JM Addington Technology Solutions, will be joining the show today to share what you need to know to keep your information safe and secure.
You can find show notes and more information by clicking here: https://bit.ly/3zsoudC
It is clear to see that the current market is pretty volatile, but how bad is it really? According to recent statistics that have been released, this is one of the worst first 100 days of the year that we have seen in over a century. So, what exactly does this mean—and how can we navigate this market downturn moving forward? In this episode, I will be explaining two timely strategies that can be used in crazy market volatility.
You can find show notes and more information by clicking here: https://bit.ly/3a956I8
There is a question that comes up routinely with clients: what is an I bond and why should I invest in them? In this episode, I’m sharing why you may want to consider this high-rate investment in your financial portfolio.
You can find show notes and more information by clicking here: https://bit.ly/3waj03R
There’s no question that there’s a huge concern among many about the current state of house prices, especially as interest rates rise. If you own a home already and are near retirement, how can you leverage the market and how can a financial planner help you strategize and think through your options? In this episode, I’m exploring a real-life case study that really brings financial planning to life.
You can find show notes and more information by clicking here: https://bit.ly/3OB5heZ
With surging inflation, rising interest rates, and no end in sight, the need for an emergency fund is more important than ever. In this episode, I’m breaking down what an emergency fund is (and isn’t!) and how you can use one to insulate yourself from rising expenses.
You can find show notes and more information by clicking here: https://bit.ly/3jwoP5T
From wills to taxes to assets, there are many areas to consider when it comes to estate planning. In this episode, I’m divulging a key estate planning mistake that many people make and sharing three reasons why you should avoid making this mistake yourself. I also offer an alternative to consider instead.
You can find show notes and more information by clicking here: https://bit.ly/3DoxZKF
There’s no doubt that there has been a ton of turmoil in the markets over the past little while. With the current conflict in Eastern Europe, high domestic inflation, and record gas prices, it’s no wonder that people are worried about the state of their investments. While many will give in to the worry and start divesting, today I’m talking about why so often the best thing to do is actually nothing at all.
You can find show notes and more information by clicking here: https://bit.ly/34Jf5kU
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It’s no secret that investing in the markets can sometimes feel like a rollercoaster ride that leaves you dizzy and overwhelmed. In this episode, I’m talking about some of the turbulence we’ve seen in the markets over the past few years, how to shape your mindset and perspective around its ebbs and flows, and how to formulate a planning strategy so you can feel in control and confident—no matter which way your investments are going.
You can find show notes and more information by clicking here: https://bit.ly/3pnKjoG
Are you unsure about the difference between an exchange-traded fund and a mutual fund? While ETFs and mutual funds do share some similarities, there are some major differences that you should be aware of before investing in either. Listen in as I dive into the specifics of exchange-traded funds, including how they compare to other types of funds when it comes to price and taxation.
You can find show notes and more information by clicking here: https://bit.ly/3sHvCxT
How good would it feel to pay off your mortgage early? For most of us, it would feel like a weight lifted off our shoulders, but if you’re nearing retirement or other major life transitions, there are certain considerations to think about before applying a big chunk of change to your mortgage. In this episode, I use real-life examples to highlight why pushing to pay off your mortgage as fast as possible is sometimes short-sighted, particularly if there are unknowns in your future when it comes to your career, your business, or your stage in life.
You can find show notes and more information by clicking here: https://bit.ly/3gl07DR
Today I’m diving into what is, for many, a touchy subject: estate planning. Many of us believe that this is something that we don’t have to worry about until much later in life, but the reality is that everybody needs an estate plan—and you need it sooner than you probably think. Listen in as I discuss why an estate plan is crucial for anyone over the age of 18, and especially for those with dependents.
You can find show notes and more information by clicking here: https://bit.ly/3GI3U9Z
Welcome to 2022! The start of the year is often a time when people gear back up after the holidays, refocus their energy, and set their New Year’s resolutions. With that in mind, in this episode, I’m sharing how to make those resolutions work for you, as well as what you can do to make meaningful change in your family’s financial plan this year.
You can find show notes and more information by clicking here: https://bit.ly/3G0zak7
There is a little-known strategy that can significantly keep your retirement taxes down: using Qualified Charitable Contributions (QCDs). To understand how to implement this strategy, you also need to understand how Required Minimum Distributions (RMDs) work, so I'm breaking down both of these things today. Listen in to hear how you can reap the rewards of the ripple effect this strategy can have on your overall bottom line.
You can find show notes and more information by clicking here: https://bit.ly/3y5mZ2l
Happy Thanksgiving! Today I’m not talking about personal financing or business. Instead, I’m taking time to reflect and focus on the things that are most important to me, and I’m inviting you to do the same. In this short and sweet episode, I’ll be giving you a behind-the-scenes look at how we spend Thanksgiving in the Bednar household, in the office with clients and colleagues, and in the community through our non-profit support.
You can find show notes and more information by clicking here: https://bit.ly/3cKXlGd
I was recently in a meeting with one of my clients and their CPA when they declared that they no longer wanted to use the strategy they had been using for over ten years. After some discussion, it became clear that what they were really saying was “we don’t see the value in this strategy.” In other words, the issue was not with the strategy—the issue was with the client's understanding of the strategy. So, in this episode, I’m diving into why keeping things simple can actually add value to your clients.
You can find show notes and more information by clicking here: https://bit.ly/30cmabi
In this episode, I’m going to explain the major changes being made to Social Security, when they take effect, and how you can prepare. I’ll compare the COLA changes of last year to the coming year and past COLA adjustments and break down the changes in Social Security statements, as well as why you need to check your information on file.
You can find show notes and more information by clicking here: https://bit.ly/3Ebel42
I recently read a white paper on tax loss harvesting by Russell Investments and thought it would be a good idea to come on here to talk about it with you. So today, I’ll be explaining what tax loss harvesting is and how you can use it so that you’re confident in your retirement and your financials. This episode is all about making sense of the noise and sharing the key things you need to know about this subject.
You can find show notes and more information by clicking here: https://bit.ly/2YNzMbW
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You should beware of taking financial cues from people playing a different game than you are. A lot of harm has been inflicted on financial plans over the years because people tend to take cues from family members, trusted friends, media, neighbors, and more. Although people mean well, I’ll share how this can get us into a lot of trouble if we aren’t careful.
You can find show notes and more information by clicking here: https://bit.ly/3ihrKPQ
Can you leave your 401(k) alone and keep it with an old company? Can you be forced into a transition, rollover, or cash-out? These are questions I get asked pretty regularly by people who are switching jobs or transitioning careers, and knowing your options when it comes to an old 401(k) is really important, so today I'll be discussing your options in this area.
You can find show notes and more information by clicking here: https://bit.ly/3htzBcw
Creating generational wealth and passing on investment and savings knowledge to your children is a big deal. In this episode, I’ll be talking about a strategy that I use to invest for my own children (currently ages 1 and 4). You will hear about why I started investing for them, what I’m investing in, and how I plan on using it as a learning tool as they grow up and learn about money.
You can find show notes and more information by clicking here: https://bit.ly/3mPGhFj
What's something you've done in the past that you would be willing to pay to go back and do again? Asking this question is how we create clarity around the value of the present moment. In this episode, I’ll explain why determining the value of right now is really important and how it could have a big impact on your life and finances.
You can find show notes and more information by clicking here: https://bit.ly/3sdsUQ3
Most of us understand what we do—the products we sell, services we offer, the jobs we do, etc. But not many financial advisors and entrepreneurs can clearly articulate why we do what we do. However, finding your purpose and having a clear understanding of our dreams can help us to propel our businesses (and lives) forward. So, in this episode, I am going to be sharing some questions to ask yourself in order to find and define your purpose.
You can find show notes and more information by clicking here: https://bit.ly/36Hgp5q
Are you ready to transition into retirement? Many of us save our entire careers in hopes of having a comfortable retirement, but the actual process of retirement can bring a lot of stress if we are not prepared. Luckily, there are certain questions you can ask yourself to ensure a smooth transition into retirement. Here to help us dive into these questions today is Nic Nielsen, co-founder of Know My Plan. Listen in to learn the importance of following your dreams, what you need to consider about life insurance, and the benefit of having an emergency fund for unexpected expenses.
You can find show notes and more information by clicking here: https://bit.ly/3xnjV0u
Today I want to chat with you about comfort and why being uncomfortable is often a sign of not having a plan. When things go wrong in life, as they naturally do, responding is full of discomfort because we don’t always plan for these situations. This is such an important topic when it comes to your finances, so I’ll share some key areas where you can plan ahead and decrease your discomfort later on.
You can find show notes and more information by clicking here: https://bit.ly/3j5xY6i
There is a sequence you need to go through in order to solve an equation and the same goes for saving and managing your money. If you have goals for your life and finances, you need to have a strategy that will ensure you get there. In this episode you will learn about specific steps to incorporate into your wealth strategy or order of operations.
You can find show notes and more information by clicking here: https://bit.ly/3x6iOS8
I get a lot of questions about what the one-page wealth plan is and how you go about planning your finances on just one page. So in this episode, I’ll give you a more detailed understanding of what it looks like, how it works, and why it can be so effective. You will get a starting point and specific examples to help you craft your own one-page financial plan.
You can find show notes and more information by clicking here: https://bit.ly/3oVBGR6
Jimmy is the co-founder of No Baked Cookie Dough in Nashville Tennessee. I think it will be really interesting to change up the show a bit by chatting with someone who has made career transitions, started a business and really taken the “invest in yourself” advice to new heights. You will hear about the evolution of their business development, right and wrong ways to grow and the importance of playing to your strengths.
You can find show notes and more information by clicking here: https://bit.ly/2RH5Ivp
Today I want to talk to you a bit about retirement savings. I recently did a LinkedIn doodle giving an example of two people investing for their retirement in two different ways. I’ll discuss what you need in order for your retirement planning to pay off – and also what you DON’T need.
You can find show notes and more information by clicking here: https://bit.ly/3sU5PR1
There are some key things that are important to know about the $1.9 trillion American Rescue Plan that was signed into law on March 11th, 2021. I came across an article by Hartford Funds entitled "10 Things You Should Know About the 2021 Stimulus Package," and in this episode, I’ll be going over these 10 things and briefly weighing in on them for you.
You can find show notes and more information by clicking here: https://bit.ly/325MrWd
Today I have Ryan Detrick on the show with me to talk about all things markets. Ryan is the Chief Market Strategist for LPL Financial, and he really has his finger on the pulse of what’s going on in the markets lately. A lot of questions have come in around the stimulus package and what’s going to happen with interest rates this year, so he will be shedding some light on these areas, in particular.
You can find show notes and more information by clicking here: https://bit.ly/2OAw54G
In this episode, you will learn about donor-advised funds. From what they are to who they are best for and how to set them up properly, I’ll give you a quick rundown of the most important info you need to know. Whether you know the charity you want to give to, or you want to save up and give a higher dollar amount contribution, donor-advised funds might be for you.
You can find show notes and more information by clicking here: https://bit.ly/2O34yZc
Today is a follow-up of the podcast from last week, where we talked about the mistakes investors make. In this episode, I want to speak about investor personas and share a couple of different categories people fall into as investors. You may think this is very conservative or very aggressive, but these categories are a little more detailed than it may seem. Listen in as I cover the good and bad sides of these investor personas, as well as how to incorporate different pieces of each to create the best strategy for you.
You can find show notes and more information by clicking here: https://bit.ly/3b6Jitv
As financial advisors and planners, we are quite tuned in to what works and what does not work when it comes to wealth management. It is our job to explain the steps you must take for financial success and warn you of the blunders we have seen others make in the past. In this episode, Julian B. Morris, founder of Concierge Wealth Management, joins the show to discuss the most common money management mistakes he sees and what you practices you can put in place to avoid them.
You can find show notes and more information by clicking here: https://bit.ly/2YDsvrZ
Britton Wesson is the host of The Buffalo Way Leadership Podcast, a show about becoming a great leader in whatever position you are in with whatever resources you have. Today Britton joins the show to discuss how to find your deeper purpose and how to use this to make a bigger impact on the world around you.
You can find show notes and more information by clicking here: https://bit.ly/2XMub2a
Welcome to 2021! Many of us are so excited to put 2020 to rest and start planning for the year ahead that it's easy for us to hurriedly make New Year's resolutions. But, unfortunately, many people are unable to follow through and stick with their initial plans. So in this episode, I want to share the processes you can put in place to ensure you follow through with your goals, whether they be financial, health-related, or something else.
You can find show notes and more information by clicking here: https://bit.ly/3baO2Qe
Today’s episode won’t be a normal show. I just wanted to wish you all happy holidays and throw in a little reminder to not forget about what’s truly important this year. It’s so easy to get busy with work or errands that need to be run, or tasks that need to be completed, but we must not let those things distract us from the truly important things in life.
You can find show notes and more information by clicking here:
https://bit.ly/3rkOKju
Have you realized that there are less than 30 days left in 2020? If you’re like many of us who are wishing the end of the year would come sooner, you’re definitely not alone—but have you considered what you can do now to offset the taxes you will pay in 2021? In this quick episode, I’m sharing a few powerful and impactful planning tips to offset your tax liabilities for the coming year, including what tax loss harvesting is and what you should be doing with your taxable investment accounts.
You can find show notes and more information by clicking here: https://bit.ly/3orUuFX
I’ve seen a couple of prominent stock splits recently, so in this episode, I’ll be talking about what stock splits are and how they work. Listen in to get a crash course in the pros and cons of a stock split, as well as some common misconceptions about them.
Keep in mind that this is not a recommendation in any way to buy any of the stocks that I discuss. They are, however, great examples for me to explain how stock splits work and allow you to get a better understanding of what they are and how they may or may not affect your finances.
You can find show notes and more information by clicking here: https://bit.ly/2KHgIVZ
We have a lot to unpack in this episode because we’re talking all about open enrollment and your health benefits, including medical, dental, and life insurance. We’re also answering listener questions related to savings funds and investments so you can continue to improve your personal financial situation.
You can find show notes and more information by clicking here: https://bit.ly/2IfpAS0
In this episode, I will be talking about how to focus on your goals in a way that continues to enforce your micro-actions. It’s a simple method that allows you to consistently make small steps that lead to big progress over time. I'll also share the Important and Urgent Decision Matrix with you and explain how to use it to reach your goals steadily and efficiently.
You can find show notes and more information by clicking here: https://bit.ly/3e14mCA
Ryan Detrick, the master of stats, joins the show for the second time to discuss the economy and markets. He is the senior strategist at LPL Financial, and he has a knack for understanding and explaining the uncertainty and irrationality of the markets. Ryan joins us today to share some great insight into what is going on in current events, as well as how it will affect the markets now and in the future.
You can find show notes and more information by clicking here: https://bit.ly/36U2tpV
There’s no doubt that 2020 has been a wild ride. Now that we’re three-quarters of the way through and have our eyes set on 2021, it’s time to focus on the tail end of the year and finish it out with a (positive) bang. That means taking the time to go through our essential numbers, budget for the rest of the year, and get clear on our goals.
You can find show notes and more information by clicking here: https://bit.ly/2S6CjHN
People often think of estate planning as something that is only for people who are in their 60s or above. But the truth is that young adults should have estate plans, too. So today, I’m going to continue the conversation on estate planning by sharing a few tips for young people to get organized in this area, as well as common mistakes people make when dealing with estate planning documents.
You can find show notes and more information by clicking here: https://bit.ly/2ZIspQN
There are a lot of misconceptions about estate planning, so I have Lauren Smith on the show today to clear up some of the confusion. An attorney who specializes in estate planning, probate, and conservatorships, Lauren's experience and expertise in this area will provide valuable insight on what not to worry about, as well as what items and areas we should be focusing on.
You can find show notes and more information by clicking here: https://bit.ly/3lBrHyj
Nic Nielsen, co-founder of Know My Plan and Certified Financial Planner, joins me today to give us his take on financial planning, investments, and insurance. Nic has been in the financial planning industry for 16 years and brings with him a wealth of knowledge and passion for helping others increase their financial literacy. Listen in as he shares the ways that many people mess up in contributing to ROTH accounts, as well as what they should be doing instead.
You can find show notes and more information by clicking here: https://bit.ly/3gSwd8G
All of our financial decisions have an effect on our financial health. Just as a batter in baseball tracks their batting average, it is important we track the numbers in our financial plan so we can better manage them. So what measures must we put in place to ensure we can live a comfortable life with the income we have? In this episode, I will share how to track where you are and where you have to go to meet your financial goals.
You can find show notes and more information by clicking here: https://bit.ly/33qTI4T
With all the various types of insurance out there, it can seem like we are "insuranced" to death. Many people just put their insurance on auto-pilot and never look at it again, but as changes occur in life, we need to be re-evaluating what we need—or don’t need anymore. So in this episode, I’ll discuss why it’s so important to do an insurance review at least yearly, as well as the steps for doing so.
You can find show notes and more information by clicking here: https://bit.ly/2VT3Xu6
Crystal Williams, the owner of Smart Money Financial Coaching and a Dave Ramsey preferred financial coach, joins us today to talk about how a financial coach can help you get clear on your money situation. If you’re frustrated with your finances and want to handle your money better but are not sure how, this is an episode you won’t want to miss. In this episode Crystal will take us through the process she uses to help clients figure out their “why” so they can put a plan in place to reach their financial goals. We’re also discussing the difference between a financial coach and a financial advisor, and how both can help you reach your money goals.
You can find show notes and more information by clicking here: https://bit.ly/2YEF0TQ
Time is the greatest equalizer. It is the one thing that we all have the same amount of every day, and how we use our time is what can propel us forward—or hold us back. So in this episode, I'm sharing why now is the perfect time to do a review of your financial goals in order to stay on track and make them happen.
You can find show notes and more information by clicking here: https://bit.ly/2AjiRSK
It goes without saying that saving for retirement is important, but do you know what kinds of accounts are available to help you do so? Today I'm going to be talking about Health Savings Accounts (HSAs), as well as a couple of other retirement planning accounts so you can start putting together a strategy for your future.
You can find show notes and more information by clicking here: https://bit.ly/2ZzmXk4
If you’ve been listening to the media lately, you’ve probably heard the terms correction, recession, and depression used. Today I’m discussing the differences between these three economic events and what you can do now to make sure you’re in good financial health to weather any storm.
You can find show notes and more information by clicking here: https://bit.ly/2Ywr6Vc
Today I'm sharing an economic update, including my outlook for the markets, what's going on with the stimulus checks, and what you can do with your 401k right now. There are great opportunities you can take advantage of during this time, as well as important planning that can help you get through this crisis more smoothly.
You can find show notes and more information by clicking here: https://bit.ly/3eVNkWv
As new policies and plans are put in place almost daily during the current pandemic, it is important to stay up to date with those that can be beneficial to you and your business. Today I want to talk about the CARES (Coronavirus Aid, Relief, and Economic Security) Act and the Paycheck Protection Program, as well as the impact they will have on you.
You can find show notes and more information by clicking here: https://bit.ly/3c6qwRS
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Fear and greed are what drive markets, so what better time than this to discuss current market events around COVID-19? To help me cover this topic is Ryan Detrick, the Senior Market Strategist at LPL Financial. With years of experience, Ryan is able to dissect the current state of the world and set our minds at ease by telling us the facts in regards to whether we can come back from a recession such as this.
You can find show notes and more information by clicking here: https://bit.ly/2JpzJIs
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As April 15th quickly approaches, are you feeling prepared and ready to file your taxes? Today I want to continue our conversation around preparing for the IRS and finalizing everything before filing your taxes. I will be sharing my tips on staying organized and coming up with an approach that allows you to calm the chaos that comes with tax season.
You can find show notes and more information by clicking here: https://bit.ly/32HJ0Vo
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With tax season approaching, it is the perfect time to talk about how to prepare yourself to file appropriately. To help me discuss this topic is Scott Byrom, a financial advisor at ProVision Financial. Scott has been in tax planning and investment work for nearly 20 years and has hands-on experience with incorporating a financial plan to be efficient from a tax statement.
You can find show notes and more information by clicking here: https://bit.ly/2UNjonM
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When setting goals, implementing a goal planning strategy is a step that often gets missed. So what do we need to do in order to make our dreams a reality? In this episode, I'll answer that question and more as I break down how to set SMART goals and achieve them.
You can find show notes and more information by clicking here: https://bit.ly/2NUg3z6
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Anthony Ruffalo is a Certified Financial Planner and the owner of Ruffalo Wealth Management. Having been in the business for 15 years, Anthony started out in insurance before deciding to go independent. He now serves around 80 households, focusing on retirement planning and investment management.
You can find show notes and more information by clicking here: http://bit.ly/37GhARj
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Welcome to What The Wealth?!, the podcast where Certified Financial Planner Jonathan Bednar brings you information to help you make intentional financial decisions and navigate life’s transitions. Each week, you’ll hear from Jonathan and his guests as they share what you can do to plan for and create the life you love—free from anxiety about money.
You can find show notes and more information by clicking here: https://bit.ly/2NjpK9U
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