Fullerton Financial Hour: Recent Episodes
Fullerton Financial
Licensed insurance professional & Investment Advisor Representative, Stephanie Fullerton is focused on using strategic retirement income planning to assist retirees and pre-retirees across Arizona in preserving their retirement savings. Her goal is to build trust by following two guiding principles: integrity and honesty.
If your retirement savings is in a tax deferred retirement account, you may want to be aware of new retirement planning rules that have changed the way we need to think about tax deferred retirement accounts. And the Secure Act and Secure Act 2.0 could have an even bigger impact on those with balances of $250,000 or more.
I’ll bet a lot has happened to you in the last 20 years that you didn’t see coming. You probably had some unexpected blessings and also some obstacles to overcome. Either way, there were some big unknowns in your past and they’ll continue in the future.
We used to think of retirement as the final stage of life. It’s not the finish line anymore. It’s just the beginning of the next phase of life. Retirement today lasts so much longer, and we believe it actually unfolds in stages.
Did you know that if you're running your own business then you've got a few extra twists and turns on the road to retirement? No 401(k)? No problem. Today, we're digging into how you can get retirement-ready when a corporate 401(k) isn't part of the picture.
In the U.S., medical bills are not only the most common reason for bankruptcies, but they directly cause a whopping 66.5% of them, making them the leading cause of bankruptcy. A healthcare emergency, catastrophic illness, or accident can knock you off your feet physically – and financially.
It’s easy to make assumptions about what goes into a legacy plan, but Tyler Price will help make it clear for you as we dive into the basics of creating a lasting legacy for your family.
Financial professionals say there are behavioral factors that could influence our financial decisions. Let me translate that for you: sometimes we act “weird” when it comes to our money!
Picture a 5-star luxury resort. Lush greenery, scenic views, and top-notch customer service. Now picture a run-of-the mill roadside motel. A roadside motel probably isn’t going to be able to achieve a 5-star rating because… something’s missing. If you could rate your retirement plan, how many stars would it have?
I’ll bet a lot has happened to you in the last 20 years that you didn’t see coming. You probably had some unexpected blessings and also some obstacles to overcome. Either way, there were some big unknowns in your past and they’ll continue in the future.
Picture a 5-star luxury resort. Lush greenery, scenic views, and top-notch customer service. Now picture a run-of-the mill roadside motel. A roadside motel probably isn’t going to be able to achieve a 5-star rating because … something’s missing. If you could rate your retirement plan, how many stars would it have?
How much is left on your to-do list this week? What about that honey-do list of chores around the house? It’s a mile long, right? The problem with long lists is they can overwhelm you and cause you to shut down. So let’s keep it simple!
How many times have you heard this before? it’s not what you make, it’s what you keep that counts. It’s less about the number of dollars you’ve saved, and more about strategies you use with your savings. Your money should be moving in the same direction for a singular purpose: your retirement
Does the thought of outliving your savings keep you up at night? You’re not alone. The fear of outliving retirement savings is a major concern for many retirees. We’re about to share some ways to help address some of the biggest money concerns in retirement.
We’ve continued to avoid government shutdowns this year … but meanwhile … the debt piles on. We’re winding down the year 2023 with a look at some of the top financial and retirement headlines of the year.
I’ll bet a lot has happened to you in the last 20 years that you didn’t see coming. You probably had some unexpected blessings and also some obstacles to overcome. Either way, there were some big unknowns in your past and they’ll continue in the future.
Fewer than 1 in 4 Americans think their current retirement lifestyle aligns with what they planned for their retirement to be. It turns out, it’s one thing to dream about retirement and it’s another thing to live in retirement every day.
Key Largo? Montego? Oh, why can’t we go to Jamaica right now, am I right? Think about it… digging your toes into sandy beaches… swimming with dolphins… with a tropical drink in your hand… That’s the thing, we’re always so focused on the destination, because that is the reason why we’re going. But there’s the whole process to get there, the journey…And we know what that’s like. Getting everything in order like your passports, IDs, tickets, luggage, grandchildren maybe – oh no! Did I forget something?! That part can be stressful to say the least. When should we start properly planning for retirement? Stephanie helps us and she also provides us with an overview of everything that should be considered for retirement?
Four of the hardest words to hear are “We need to talk.” But sometimes, that’s the best way to start a serious conversation. Unfortunately, many couples and families are putting off the tough conversations they need to have so they can plan for the future together. And preparing for the future as a family through estate and legacy planning … is definitely a good thing.
There are millions of articles online about investing, tax planning, budgeting, everything you can think of when it comes to preparing for retirement. There are important facts to know, and when it comes to your financial future, knowledge is power. BUT. There’s more to financial success than book smarts. There’s a psychology of money.
Women statistically outlive men by about six years, so a lot of wives will outlive their husbands in retirement. That means a lot of women will suddenly be taking over their own finances for what may be the first time in their lives. That can be confusing and even scary.
If you have questions about retirement, who better to ask than someone who’s been there before? Today we’ll share top advice from people who have been there and done that. Real retirement tips from real retirees.
Does the thought of outliving your savings keep you up at night? You’re not alone. The fear of outliving retirement savings is a major concern for many retirees. We’re about to share some ways to help address some of the biggest money concerns in retirement.
Four of the hardest words to hear are “We need to talk.” But sometimes, that’s the best way to start a serious conversation. Unfortunately, many couples and families are putting off the tough conversations they need to have so they can plan for the future together. And preparing for the future as a family through estate and legacy planning … is definitely a good thing.
Picture a 5-star luxury resort. Lush greenery, scenic views, and top-notch customer service. Now picture a run-of-the mill roadside motel. A roadside motel probably isn’t going to be able to achieve a 5-star rating because … something’s missing. If you could rate your retirement plan, how many stars would it have?
Our national conversation is starting to shift when it comes to mental health and how well you take care of yourself. We don’t always talk about it a lot on this show, but there’s a mental health aspect to preparing for retirement as well. Stephanie tells us if she has seen this come up with the people she helps?
The big question is...can I retire? When can I retire? Do I have enough? Will my money last as long as I need it to? Will my loved ones be okay if something happens to me? Steve Fullerton and Josh Becker help us answer some of those questions
Retirement planning as a concept is still relatively new. Thirty or 40 years ago, people had pensions, they had Social Security and savings, and they didn’t live quite as long after retiring. Stephanie talks about how these factors have changed over the years.
We’re faced with questions every day. What’s for dinner? When’s the meeting? How was your day? These are questions that are – or should be – easy to answer, but when you’re starting to consider retirement, the questions can get a lot more complicated.
There are millions of articles online about investing, tax planning, budgeting, everything you can think of when it comes to preparing for retirement. There are important facts to know, and when it comes to your financial future, knowledge is power. BUT. There’s more to financial success than book smarts. There’s a psychology of money.
If 40 percent of households have protected income, that means 60 percent of households do not. Let’s talk about those people right now. What challenges might they be facing if their retirement income is “maybe” money instead of protected income?
You don’t know what you don’t know. And unfortunately, most of us don’t know enough about Social Security. 65 percent of people either failed or got a “D” on a basic Social Security quiz, and only six percent received an “A.”
Picture a 5-star luxury resort. Lush greenery, scenic views, and top-notch customer service. Now picture a run-of-the mill roadside motel. A roadside motel probably isn’t going to be able to achieve a 5-star rating because … something’s missing. If you could rate your retirement plan, how many stars would it have?
Fewer than 1 in 4 Americans think their current retirement lifestyle aligns with what they planned for their retirement to be. It turns out, it’s one thing to dream about retirement and it’s another thing to live in retirement every day.
Does the thought of outliving your savings keep you up at night? You’re not alone. The fear of outliving retirement savings is a major concern for many retirees. We’re about to share some ways to help address some of the biggest money concerns in retirement.
How much is left on your to-do list this week? What about that honey-do list of chores around the house? It’s a mile long, right? The problem with long lists is they can overwhelm you and cause you to shut down. So let’s keep it simple.
: Four of the hardest words to hear are “We need to talk.” But sometimes, that’s the best way to start a serious conversation. Unfortunately, many couples and families are putting off the tough conversations they need to have so they can plan for the future together. And preparing for the future as a family through estate and legacy planning … is definitely a good thing.
With everything going on in the world right now, your finances need to be able to weather any financial storm. We’ll outline some of the major financial risks on the horizon today and talk about some “all-weather” strategies to help you preserve your savings, no matter what kind of storms are unfolding in the financial world.
There are a lot of moving parts when it comes to preparing for retirement. When should I take my Social Security? When might I accidentally trigger higher taxes? What if I make a wrong move with my retirement savings?
Picture a 5-star luxury resort. Lush greenery, scenic views, and top-notch customer service. Now picture a run-of-the mill roadside motel. A roadside motel probably isn’t going to be able to achieve a 5-star rating because … something’s missing. If you could rate your retirement plan, how many stars would it have?
Retiring is challenging enough already but if you’re about retire, now you face the possibility of trying to do so during a global economic meltdown. Sound intimidating?
Life in retirement has change dramatically over the past few decades, with people living longer and leading more active lives. Put it another way … in retirement we don’t need that rocking chair.
Resolutions are easy to make and even easier to break. It’s time to look ahead and think about practical goals for the new year.
It’s a bit of a sticker shock for all those gifts “my true love gave to me” … starting with that partridge in a pear tree.
A phone call or website can seem so impersonal. Or worse, it could be a financial scam. At least, those are possible thoughts one may have before they visit someone to handle their finances in retirement. It can be a scary thought to go out there and do something new. So, to help provide more confidence to face the unknown, this show will focus on what the process is like for a potential new client first meeting with a financial professional and what this meeting and process may entail.
Women statistically outlive men by about six years, so a lot of wives will outlive their husbands in retirement. That means a lot of women will suddenly be taking over their own finances for what may be the first time in their lives. That can be confusing and even scary.
In 2020 more than half of all Americans were covered by some type of life insurance. So a good number of people see life insurance as a useful tool to help protect their families and loved ones. The question we want to address today, is not really “do I need life insurance?” but rather, “Do I need life insurance for my retirement?”
We’ve repeated the stats time and time again: thousands of Baby Boomers retire every day. And by 2030, they will all be 65. And if Baby Boomers are up to bat for retirement … that means Generation X is on deck.
Fewer than 1 in 4 Americans think their current retirement lifestyle aligns with what they planned for their retirement to be. It turns out, it’s one thing to dream about retirement and it’s another thing to live in retirement every day.
Interest rates are near record low levels. They’re so low, it may seem like you might as well just stuff your money under your mattress or stash it away in a cardboard box since it’s hardly earning anything. But a Missouri man learned the hard way that there’s another risk with stashing cash around your home – mice (literally) ate some of his savings. His bank was ultimately able to reassemble the bills so he could be reimbursed by the U. S. Mint for about $1,000.
Low interest rates are frustrating but probably better than rodents chewing on your money. How can low interest rates impact our retirement savings over time? Stephanie explains.
There are millions of articles online about investing, tax planning, budgeting, everything you can think of when it comes to preparing for retirement. There are important facts to know, and when it comes to your financial future, knowledge is power. BUT. There’s more to financial success than book smarts. There’s a psychology of money.
Some things are fun to plan in advance. Vacations, weddings, retirement. But other things are just as important, but much harder to plan. And when it comes to things like your final wishes, you might not even know where to start. But we’ll help you learn what you need to know, coming up next.
Who is most likely to be comfortable and confident with their retirement? There are a few things you can do to help secure your financial future and Stephanie will help us break it all down.