Life Unlimited: Recent Episodes
Larry Heller
Life Unlimited. With Larry Heller, CFP®. Your life. Your way. How financial resilience can let you live it – for life. While money matters, being able to pursue the things that enrich our individual lives also matters. Having the financial resilience to live life without limits is just one of the wide range of subjects discussed on the ‘Life Unlimited’ podcast. Join Larry Heller, certified financial planner and president of Heller Wealth Management, as he covers topics from tax tips to investment strategies, to healthy lifestyle practices, and trekking the globe!
Roth conversions may be one of the most overlooked tax planning opportunities in retirement, and the cost of waiting could be staggering.
With recent legislative changes, longer life expectancies, and compressed inheritance timelines for your heirs, it’s never been more important to get this right.
In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, explains how to spot your best conversion window, why many people miss it, and the strategic tools that can make the move pay off. He also reveals how proactive planning can help reduce Medicare surcharges, reduce the tax burden passed on to your family, and give you far more flexibility in retirement.
If you’re between the ages of 60 and 75, or experiencing a few low-income years before required minimum distributions (RMDs) begin, you could be in a prime window to convert pre-tax retirement savings into tax-free Roth dollars, without triggering a future tax time bomb.
Beyond personal savings, this strategy can also help protect the next generation from inheriting a massive tax liability. But timing, income coordination, and strategic use of tools like Social Security deferral and partial conversions all play a role in whether a Roth move will actually benefit you.
What you can expect from this release:
- Why accountants often overlook this opportunity, and how a CFP® can model your long-term tax impact
- The ideal timeline to explore Roth conversions, especially in the “donut hole” between retirement and RMDs
- How Roth IRAs can minimize Medicare surcharges, reduce required withdrawals, and increase future flexibility
- The multi-generational benefits of converting, including how to shield your heirs from 10-year withdrawal rules
- And more!
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Retirement Unlocked with Larry Heller, CFP®
You’ve built a business with care, grit, and vision. But what happens when the finish line is in sight and you realize you’re not ready to cross it?
For business owners nearing retirement, the decision to sell is about far more than spreadsheets and valuations. It’s personal. It’s strategic. And it can be overwhelming.
In this episode of Retirement Unlocked, Larry Heller sits down with Paul Cronin, a seasoned entrepreneur and M&A advisor with Touchstone Advisors, to walk through how and when to start planning for your exit, on your terms.
What you can expect from this release:
- The real (and often underestimated) timeline for selling a business
- Why your business must be ready to sell before you are
- The “Holy Trinity” of trusted advisors to involve early
- Common mistakes that derail deals and how to avoid them
- And more!
Resources:
- FREE DOWNLOAD: What goals can I accomplish by selling my business?
Connect with Paul Cronin:
- Touchstone Advisors
- LinkedIn: Paul Cronin
- pcronin@touchstoneadvisors.com
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Retirement Unlocked with Larry Heller, CFP®
About Our Guest:
Paul Cronin has over 30 years of professional experience in sales, management, consulting, and entrepreneurship. He has owned three businesses, including a data analytics business, a golf training business, and an exit planning/consulting business. He has been part of the M&A world since 2009, initially in the exit planning field before moving to transactional work at several firms. Paul joined the M&A practice at Touchstone Advisors in 2025
Paul’s background includes being part of the team that grew Eden Toys, a small NY-based toy manufacturer, into a $100 million company serving thousands of US retailers, including TJX, Macy’s, and Nordstrom. Paul led a team of 16 salespeople (both field reps and inside sales reps,) generating $20 million/year and serving 6,000 customers.
As a speaker, Paul has presented at law firms, CPA societies, professional associations, and colleges such as Harvard Business School, Northeastern University, Babson College, Bentley University, Wheaton College (MA), Emerson College, Wellesley College, and Salem State University (MA).
Paul has a Bachelor of Science from the D’Amore-McKim School of Business at Northeastern University in Boston. Paul is an avid golfer, splits his time between Boston and Cape Cod, and is married with two adult daughters.
What seems like a small business decision, choosing between a SIMPLE IRA and a 401(k), can quietly shape everything from your personal retirement strategy to your firm’s employee retention.
The truth? It’s not just about cost. It’s about control, flexibility, and future-proofing your business and your finances.
Whether you’re a solo entrepreneur or managing a team, your retirement plan structure says a lot about your growth mindset.
In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, explores the practical trade-offs business owners face when deciding how much control they want, how much complexity they can handle, and how much opportunity they may be unknowingly leaving on the table.
Here’s what you can expect from this release:
- How contribution limits and tax credits differ between SIMPLE IRAs and 401(k)s
- How Safe Harbor rules can protect owners from compliance headaches
- Why profit sharing and vesting can impact employee loyalty
- The often-overlooked role of plan design in talent retention
- Why cost-saving now may cost you more later, financially and culturally
- And more!
Resources:
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part I) (Ep. 144)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Retirement Unlocked with Larry Heller, CFP®
How can you give more to the causes you care about while keeping more of your hard-earned money?
Charitable giving isn’t just a personal act of generosity; it’s also a strategic financial opportunity.
In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, sits down with philanthropy professional Joshua Chadajo, CEO of JEC Philanthropy, to explore how intentional giving strategies can help you reduce your tax burden, maximize your impact, and build a legacy that reflects your values. Joshua shares how tools like donor-advised funds, qualified charitable distributions, and bunching donations can make your giving both intentional and tax-efficient.
Key insights include:
- How to turn appreciated assets into bigger gifts while avoiding capital gains taxes
- Why donor-advised funds offer convenience and flexibility for both donors and charities
- Ways to bunch donations to maximize deductions under today’s tax rules
- When foundations make sense for larger-scale or multi-generational giving
- Why giving during your lifetime can be more rewarding and impactful than waiting
- And more!
Connect with Joshua Chadajo:
- JEC Philanthropy
- LinkedIn: Joshua Chadajo
- joshua@jecphilanthropy.com
- (646) 331-5674
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Retirement Unlocked with Larry Heller, CFP®
About Our Guest:
Joshua E. Chadajo is the founder and CEO of JEC Philanthropy. His fundraising leadership has resulted in more than $100 million of charitable donations. What he enjoyed most during his thousands upon thousands of conversations with and about donors is uncovering what motivates each individual to give charity, clarifying what each person hopes to accomplish with their support, and determining how best to achieve these goals. Joshua formed JEC Philanthropy to share his passion for charitable giving with individuals and families who can benefit from his wealth of experience.
Joshua was the longest-tenured Executive Director, North America at the Pardes Institute of Jewish Studies in Jerusalem. He was the first alumnus to hold the position, which he did for more than 18 years. Joshua earned a reputation for getting things done and achieving a high level of excellence, all while exhibiting a persistent positive attitude, a strong sense of humor and a distinct lack of jargon.
Joshua spent the last 25 years working at three different nonprofit organizations, holding executive positions in two of them, and serving on multiple nonprofit boards. He has extensive experience in fundraising, strategy, finance, operations, communication and relationship-building.
Joshua earned an MBA at the Yale School of Management, which he attended as a Wexner Graduate Fellow. After graduation, he spent a year learning at the Pardes Institute. A native of Boston, MA, Joshua currently lives in Miami Beach, FL with his family. He still roots, however, for the correct sports teams.
Your 401(k) could be your largest retirement asset, but are you making the most of it?
In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, shares the essential steps to take with your 401(k) as you approach retirement. From rollover decisions and Roth conversions to income generation and estate planning, Larry covers the strategies that can help you avoid costly mistakes and keep more of what you’ve earned.
Key Topics Include:
- When to consider rolling over your 401(k) to an IRA
- How Roth conversions can reduce your lifetime tax bil
- What to know about fees, investment choices, and employer stock
- How to build a tax-efficient withdrawal strategy
- The importance of naming the right beneficiaries
- And more!
Whether you’re retiring soon or planning ahead, this episode is your guide to making smart 401(k) decisions so you can step into retirement with confidence.
Resources:
- Investing with the Reservoir Strategy (Ep. 119)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Retirement Unlocked with Larry Heller, CFP®
Think you’ve done everything right for retirement? One overlooked tax detail could cost you thousands.
In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, welcomes Rob Premselaar, CPA and founder of Premselaar CPA LLC, to shed light on the hidden tax pitfalls that can derail even the most carefully crafted retirement plans.
They explore the real impact of Required Minimum Distributions (RMDs), the surprise taxation of Social Security benefits, and the often-misunderstood IRMAA Medicare surcharge. Rob also shares proactive strategies for minimizing taxes in retirement, including qualified charitable distributions (QCDs), the pros and cons of Roth conversions, and key planning opportunities for business owners approaching or entering retirement.
Discussions in this release include:
- The income thresholds that quietly increase your Medicare premiums (IRMAA)
- Why Roth conversions are often misunderstood and underutilized
- How to navigate RMD timing and avoid excise penalties
- How Medicare surcharges can catch retirees off guard and what to do about them
- Advanced planning opportunities using cash balance plans
- And more!
Connect with Rob Premselaar:
- LinkedIn: Rob Premselaar
- Premselaar CPA LLC
- rob@premselaarcpa.com
- (973) 842-7784
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Retirement Unlocked with Larry Heller, CFP®
About Our Guest:
Rob is the Owner of Premselaar CPA LLC, managing a portfolio of small-to-medium sized businesses and high-net-worth individuals, providing tax planning, tax strategy, tax filing, and CFO business services. Premselaar CPA LLC provides outstanding service to its clients because of its dedication to the three underlying principles of quality, professionalism, and responsiveness.
Are you holding too much, or too little cash in retirement?
Finding the right amount of cash to keep on hand is one of the most important decisions you’ll make when creating a retirement income strategy. The wrong decision could lead to stress, missed growth opportunities, or even long-term financial instability.
In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, breaks down how much cash retirees should have in their portfolio, and why it matters more than you might think. He introduces his “retirement cash reserve strategy,” designed to help you generate steady income while protecting against market volatility.
What to expect in this episode:
- A breakdown of bear vs. bull markets since 1945 and what they teach us about cash reserves
- How to calculate 24–36 months of protected cash for downturns
- The role of risk tolerance and income modeling in reserve planning
- How to build a personal “cash reservoir” that keeps retirement stress low
- And more!
Resources:
- Investing with the Reservoir Strategy (Ep. 119)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Outsourcing your bookkeeping isn’t just a cost-saving move; it could be the smartest strategic decision your business makes this year.
In this episode, Larry Heller, CFP®, CDFA®, sits down with Cheri Giglia, Owner and Managing Director of Supporting Strategies on Long Island, to explore why more small businesses are turning to virtual bookkeeping for efficiency, clarity, and peace of mind.
Cheri shares how outsourced financial support can streamline operations, enhance internal controls, and deliver timely insights that empower business owners to make better decisions, whether they’re planning for growth, managing cash flow, or preparing for an audit. With real client stories and tech-forward best practices, this episode is packed with value for any business owner looking to scale smarter.
What to expect from this episode:
- The top reasons businesses are turning to virtual bookkeeping
- How cloud-based systems streamline accounting operations
- Real client scenarios where bookkeeping impacted business decisions
- Tips for choosing the right outsourced financial team
- And more!
Connect with Cheri Giglia:
- LinkedIn: Cheri Giglia
- 631-230-5570
- cgiglia@supportingstrategies.com
- LinkedIn: Supporting Strategies
- Supporting Strategies
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Retirement Unlocked with Larry Heller, CFP®
About Our Guest:
Accounting and bookkeeping are services that many businesses on Long Island need to manage more effectively. Business owners struggle to find professionals who they trust to manage these important aspects of their operations. This is where Cheri Giglia and her company, Supporting Strategies on Long Island, come in. Her professional team removes owners’ headaches and improves efficiencies.
As an accountant and former Financial Director for a public company, Cheri has expertise working in many different industries. She understands the pressure and stress that business owners face when it comes to gaining greater financial control of their operations. She uses her more than two decades of experience in accounting and financial management to create strategies to improve efficiencies and reduce costs.
Cheri’s team of skilled accounting professionals accomplishes this by leveraging technology, allowing clients to easily outsource accounts payable management, billing/accounts receivables, financial/management reporting, HR and payroll support, bookkeeping and monthly financial statements/reports, and controller services. Outsourcing these services allows businesses to focus on growth and other profit-making activities. The way Cheri’s team operates permits them to offer competitively priced professional services and attention that competitors are unable to offer.
Cheri recognizes that there are many choices when it comes to selecting a professional or firm to provide accounting, bookkeeping, and controller services. Business owners and managers choose to work with her because of her experience, personal commitment, and her ability to rapidly provide the financial information they need to make critical business decisions.
The market is unpredictable; your retirement plan shouldn’t be.
In this episode of Retirement Unlocked, host Larry Heller, CFP®, CDFA®, breaks down six of the most common (and costly) mistakes people make when planning for retirement. From underestimating how much you can spend to failing to optimize your Social Security benefits, Larry shares why these pitfalls occur and how a process-based retirement plan can help you avoid them.
Whether you’re approaching retirement or already there, this episode provides actionable strategies to help you invest wisely, reduce emotional decision-making, and stay aligned with your long-term financial goals.
Key conversations in this week’s release include:
- The importance of knowing how much you can truly spend in retirement [00:00:47]
- Why creating a total return strategy beats relying solely on income [00:03:20]
- The pitfalls of being too conservative with your investment portfolio [00:07:02]
- When to start withdrawing from your retirement accounts—not just when RMDs kick in [00:10:32]
- How to optimize Social Security for the best possible outcome [00:13:17]
- The critical need for a comprehensive estate plan [00:15:51]
- And more
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Health insurance is one of the largest expenses for many businesses, but are you getting what you’re paying for?
In this eye-opening episode, Larry Heller, CFP®, speaks with Louis Bernardi of BrightPath Benefit Advisors about the outdated and opaque nature of most employer-sponsored health insurance plans. Louis reveals how major carriers prioritize shareholder profits over actual care and explains how his PLAN system and data-driven strategies are helping employers cut costs while providing better healthcare options for employees.
From skyrocketing pharmacy costs to hidden MRI fees, Lou unpacks the waste baked into the system and provides actionable strategies to fix it. This is a behind-the-scenes look at an advanced strategy most employers haven’t even heard of.
Key discussions in this release include:
- Why traditional health insurance models are broken
- The hidden data behind skyrocketing healthcare costs
- How Lou’s PLAN system (Prioritize, Leverage, Align, Navigate) helps optimize benefit design
- Real-world savings on pharmacy and imaging costs
- Options for companies of all sizes
- And more!
Connect with Louis Bernardi:
- LinkedIn: Louis C. Bernardi
- Brite Path Benefits
- 516.804.3383
- info@britepathbenefits.com
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Louis Bernardi is the Founder & Benefit Optimization Officer of BritePath. Lou is the innovator behind BritePath, the benefit strategy that flattens the curve on health insurance costs. BritePath helps benefit decision makers reset their expectations with advanced analytics & insights that make them and their members more informed health care consumers capable of changing the trajectory of the cost and quality of their employer-sponsored health insurance plan. Pay More, Get Less is replaced by a High-Performance Health Care Plan that allows them to finally start winning.
Lou is proud to be among the first 150 advisors accepted into Health Rosetta; an eco-system of forward-thinking advisors and solution partners that share his passion for helping people and businesses customize health plans that enhance benefits, improve outcomes and reduce costs.
Lou is also involved with Aspirational Healthcare, Free Market Medical and is a Forbes Business Council member.
What are some steps you should be taking 5 years before your retirement? This question sets the stage for an engaging episode with Larry Heller, CFP®, CDFA ®, where we delve into the crucial five-year countdown to retirement. Larry emphasizes the importance of timely planning and actionable strategies to ensure a smooth shift into this …
Wildfires. Hurricanes. Cyber Attacks. How are today’s biggest threats reshaping the insurance industry—and what can you do to stay protected? In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, sits down with Gregg Knepper, President of Integrated Coverage Group, to break down the rapidly changing insurance landscape. With more than 15 years of experience …
What tax traps could derail your retirement plans? In this episode, Larry Heller, CFP®, CDFA®, breaks down five major tax “gotchas” that high-net-worth retirees must navigate to protect their wealth and retirement security. From the impact of required minimum distributions to the looming expiration of the 2017 tax cuts, Larry sheds light on often-overlooked tax …
It’s time to discuss the world of Mergers and Acquisitions (M&A) in accounting. In this episode, Larry Heller, CFP®, CDFA ® sits down with Geoff Bruskin, M&A specialist from White Tiger Connections, Inc., to discuss the bustling landscape of M&A, particularly within accounting. Geoff, with his extensive background in business brokerage and private equity, sheds …
What does it mean to face the ‘sequence of returns risk’ when you retire? In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, discusses why the order of your investment returns matters as you enter retirement. Larry also breaks down this critical aspect of retirement planning and introduces strategies that can safeguard your financial …
Are You Prepared for the Biggest Tax Changes in Years? The 2025 tax landscape is about to undergo a massive shift as key provisions of the 2017 Tax Cuts and Jobs Act expire. These changes could mean higher tax rates, fewer deductions, and major implications for your income, business, and estate. In this episode of …
Do you know the smartest way to manage your withdrawals in retirement? In this episode of the Life Unlimited podcast, host Larry Heller, CFP®, CDFA®, shares expert strategies for managing retirement withdrawals to ensure financial stability and tax efficiency. Larry covers essential steps for building a smart distribution plan, emphasizing pre-retirement planning and proactive wealth …
The legal industry is evolving, and law firms are facing unprecedented challenges in recruiting and retaining top talent. In this episode of Life Unlimited, Larry Heller, CFP®, CDFA®, sits down with Shari Davidson, founder and president of On Balance Search Consultants, to explore the shifting dynamics of legal recruiting and career transitions. Shari brings over …
How well do you truly know your tax bracket? Did you know that not knowing enough could cost you thousands?
Get ready to learn some critical financial planning mistakes that might secretly derail your financial security.
This week on the Life Unlimited podcast, Larry Heller identifies the seven most common financial mistakes people make and how to avoid them—such as lacking knowledge about their tax bracket and neglecting estate planning updates.
Key conversations include:
- Understanding Your Tax Bracket: Learn why knowing your tax bracket is essential for maximizing opportunities like Roth conversions and minimizing overpayments.
- Zero Capital Gain Brackets: Discover how to take advantage of tax-free gains to grow your wealth.
- Investment Pitfalls: Avoid the dangers of chasing past investment performance and align your strategy with your goals.
- Estate Planning Essentials: Ensure your estate planning documents are up to date and reflect life’s changes.
- Liability Insurance: Protect yourself and your family with adequate coverage, including an umbrella policy for uninsured motorist protection.
- Heir and Spouse Preparedness: Steps to prepare your loved ones, including non-financial spouses, for managing wealth.
- Spending and Withdrawal Strategies in Retirement: Avoid overspending while ensuring your savings last throughout your lifetime.
Actionable Takeaway: Through practical examples and insightful advice, Larry highlights the importance of staying informed and proactive with your finances.
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Estate planning goes beyond documents—it’s about protecting loved ones, achieving financial independence, and aligning plans with long-term goals.
In this episode of the Life Unlimited podcast, host Larry Heller, CFP®, CDFA®, sits down with Allison Dolzani, estate planning attorney and partner at Julie Kessler, LLP, to explore strategies tailored to women navigating major life transitions like divorce, widowhood, or retirement.
They discuss critical topics, including naming guardians for minor children, safeguarding inherited assets, and maintaining up-to-date estate plans. Allison also emphasizes the importance of foundational documents like healthcare proxies, powers of attorney, and trusts in creating a solid plan.
With actionable insights on avoiding costly mistakes and tailoring plans to personal and family goals, Allison provides a clear roadmap for building an estate plan that safeguards your future and protects what matters most.
Key Points Covered:
- Unique Considerations for Women: Proactively update estate plans after major life events and align documents with custody agreements.
- Guardianship Essentials: Designate primary and successor guardians to ensure your children are cared for according to your wishes.
- Critical Documents: Secure essential documents such as wills, trusts, healthcare proxies, and powers of attorney for comprehensive protection.
- Managing Inherited Assets: Protect personal wealth from marital commingling and preserve assets for future generations.
- Legacy Planning: Create a lasting impact by incorporating charitable contributions or personal wishes into your estate plan.
- Tax Planning: Navigate challenges like New York’s “cliff tax” and take advantage of exemptions tailored for single women.
- Empowering Financial Independence: Use estate planning to confidently manage transitions, secure financial stability, and achieve long-term goals.
- And much more!
Actionable Takeaway: Estate planning is vital to stabilizing your family’s future and building financial independence. Start today by consulting an estate planning professional to create a plan tailored to your unique needs.
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Connect with Allison E. Dolzani:
- LinkedIn: Allison E. Dolzani, Esq.
- Julie Kessler LLP
- adolzani@jandklaw.com
- (212) 687-1466
About Our Guest:
Allison Dolzani specializes in estate planning, estate administration, and Surrogate’s Court practice. Allison represents domestic and international individuals and multigenerational families in sophisticated estate planning, emphasizing minimizing the impact of gift, estate, generation-skipping transfer, and income taxes.
Allison joined the firm in September 2018. Before joining Julie Kessler LLP, Allison was an associate at a New York City law firm focused on estate administration and litigation.
Allison earned her law degree from Touro Law School. While in law school, Allison served as Research Editor of Touro Law Review and authored Intellectual Property and Constitutional Law articles. Allison graduated magna cum laude from Western New England University with a Bachelor of Arts in Philosophy.
Choosing the right business structure isn’t just about compliance – it’s about maximizing tax efficiency and aligning with your long-term goals.
Larry Heller, CFP®, CDFA®, and William Huether, CPA, CGMA, MBA, discuss how S-Corporations can help business owners save on taxes, streamline compliance, and drive growth. They compare S-Corps to C-Corps, LLCs, and partnerships, offering insights on tax benefits, drawbacks, and strategies to align business structures with long-term goals.
With practical advice on avoiding double taxation and leveraging pass-through entity tax (PTET) benefits, William provides a roadmap for optimizing your business structure.
Key Points Covered:
- Why S-Corps Work: Reduce double taxation, save on self-employment taxes, and enjoy a corporate framework’s perks
- PTET Benefits: Discover how to bypass the $10,000 SALT cap using pass-through entity tax strategies
- Entity Selection Simplified: Weigh the pros and cons of S-Corps, C-Corps, LLCs, and partnerships to find the best fit for your business
- Compliance Essentials: Stay on top of filing deadlines, salary requirements, and state-specific rules like New York elections
- Avoiding Pitfalls: Learn about reasonable salary requirements, local jurisdiction limitations, and transition strategies between entity types
- And much more!
Actionable Takeaway: The right business structure could be the key to significant tax savings and long-term financial success. Consult a CPA or tax professional to evaluate your options and create a tax plan tailored to your goals.
Resources:
- Unlocking Tax Strategies to Optimize Your Retirement (Ep. 152)
- Investing with the Reservoir Strategy (Ep. 119)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Connect with William Huether:
- LinkedIn: William Huether, CPA, CGMA, MBA
- Sheehan Accountants & Advisors
- (631) 665-7040
About Our Guest:
William Huether is a Certified Public Accountant with over eleven years of experience with clients in a broad range of industries, including the retail, wholesale, distribution, restaurant/hospitality, not-for-profit, solar, investment company, manufacturing, and real estate industries. William holds the Chartered Global Management Accountant (CGMA) designation from the AICPA and the Chartered Institute of Management Accountants.
William works in Sheehan’s assurance practice and provides auditing, accounting, and consulting services to clients in various industries in accordance with U.S. generally accepted accounting principles and International Financial Reporting Standards. William also provides a variety of tax planning, compliance, and consulting services to individuals, corporations, flow-through entities, and trusts. He is an active member of the firm’s recruiting committee, a mentor in the firm’s career advisor program, and serves on the firm’s Quality Control Committee.
Retirement isn’t just about accumulating wealth – it’s about making sure it lasts.
In this episode, Larry Heller, CFP®, CDFA®, explores the essential elements of a well-rounded distribution strategy for retirement, including guiding you through five key areas every retiree should prioritize: income vs. total return, tax management, investment allocation, longevity, and estate planning.
Larry dives deep into the shift from accumulation to distribution, revealing strategies to help retirees sustain income, reduce taxes, and cover health expenses—all while preparing a meaningful legacy. With a focus on turning retirement into a financially secure and fulfilling stage of life, this episode provides actionable advice on balancing your immediate needs with a long-term vision.
Whether you’re entering retirement or aiming to enhance your financial strategy, this episode will equip you with the tools and mindset to enjoy a confident and comfortable retirement.
Key Points Covered:
- Combining income sources like Social Security, pensions, and investments to balance retirement income and comfort
- Reducing tax burdens through Roth conversions and managing required minimum distributions (RMDs) under the latest Secure Act changes
- Using the “reservoir strategy” to balance cash, bonds, and equities for steady income and minimized risk
- Addressing healthcare and long-term care costs to protect assets and maintain financial stability
- Aligning estate plans with tax strategies to maximize inheritance for heirs
- And much more!
Actionable Takeaway: Review your retirement plan to ensure it supports your lifestyle, reduces tax impacts, and aligns with your legacy goals. Consult a financial planner to tailor it to your unique needs for a fulfilling retirement.
Resources:
- Unlocking Tax Strategies to Optimize Your Retirement (Ep. 152)
- Investing with the Reservoir Strategy (Ep. 119)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Handshake deals might seem convenient, but they could put your business at serious risk. Discover how to protect your company from these hidden dangers and build a reliable foundation.
Larry Heller, CFP®, CDFA®, is joined by Rachel Partain, a leading tax attorney and partner at Forchelli Law, to break down the risks of running a business without formal agreements.
Whether you’re launching a startup, managing growth, or exploring new partnerships, Rachel provides actionable insights to help you understand the risks of inadequate documentation and strengthen your business with essential agreements and expert legal guidance.
Key Points Covered:
- The widespread use of handshake agreements and the risks they pose to businesses
- The impact on business management from operational turmoil caused by unclear leadership succession plans to disputes over roles, voting rights, and profit distribution
- Barriers to securing loans and attracting investors due to informal business structures
- Tax complications, such as IRS audits and challenges related to shareholder contributions
- Legal exposure, including the risk of litigation and potential personal asset vulnerability
- And much more!
Actionable Takeaway: Assess your current business agreements today and consult a professional to protect yourself against potential financial and legal challenges.
Connect with Rachel Partain:
- LinkedIn: Rachel Partain
- Forchelli Deegan Terrana LLP
- rpartain@forchellilaw.com
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:Rachel L. Partain is a Partner at Forchelli Law concentrating her practice on complex tax advisory and tax controversy services for low to middle-market businesses and high-net-worth individuals. Rachel advises businesses on how to structure transactions in a tax-efficient manner and handles general corporate and transactional matters.
Interest rates may be falling, but your financial strategy doesn’t have to follow. Learn how to stay ahead in today’s ever-changing financial landscape.
Larry Heller, CFP®, CDFA®, breaks down how these shifting rates impact everything from mortgages to retirement plans. Whether you’re buying a home, optimizing investments, or planning for your financial future, Larry offers actionable insights to help you navigate today’s economic landscape. Covering the rise and fall of interest rates and their effects on borrowing, saving, and investing, he provides strategies for adapting your financial plan across asset classes to protect your wealth.
Key Points Covered:
- The Federal Reserve’s interest rate cut and its broader economic implications
- How shifting rates impact mortgage costs, housing availability, and borrowing strategies
- Key adjustments to retirement planning, including withdrawal rates and asset allocation in a low-rate environment
- Adapting your savings strategy with CDs and treasuries (while considering the current inverted yield curve!)
- Effective investment approaches across bonds, stocks, and real estate in the face of rate fluctuations
- Opportunities in private equity and private credit investments as interest rates decrease
- The importance of a diversified strategy and proactive communication, as emphasized by Heller Wealth Management
- And much more!
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
High-conflict divorces are some of the most emotionally draining and complex experiences a family can face, especially when children with special needs are involved. In this episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, sits down with Dr. Susan K. Bernstein, a certified divorce coach specializing in high-conflict cases, to explore how divorce coaching can help navigate this emotionally charged process.
Dr. Bernstein shares practical strategies to save time, reduce costs, and help families manage the legal and emotional hurdles of divorce. From uncovering hidden assets to ensuring proper care for special needs children, her advice offers a roadmap for those seeking a more manageable, less overwhelming approach to divorce.
Key Points Covered:
- The role of a divorce coach in offering emotional support, preparing clients for legal meetings, and simplifying high-conflict divorces
- Strategies for handling challenges like hidden assets, domestic abuse, and custody battles in high-conflict divorces
- The importance of organizing finances and emotionally preparing children before starting legal proceedings
- The value of a team approach, including a CDFA®, attorney, and therapist, to streamline the divorce process
- Dispelling the myth that hiring a divorce coach increases costs, when it actually saves money by reducing inefficiencies
- And more!
Connect with Dr. Susan Bernstein:
- LinkedIn: Dr. Susan Bernstein New York’s Premier Divorce Coach
- Website: Divorce Coach Plus
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Dr Bernstein is a Certified Divorce Coach and Certified High Conflict Divorce Coach with a speciality in Post Divorce Transition and Recovery and will help you go through the changes of divorce with ease. She helps clients achieve their goals and get to where they want to be. Susan helps many clients who want to get out of toxic relationships get what they need and deserve related to their children and finances. Susan is a mom, best selling author, leader for Vesta Divorce and the National Association of Divorce Professionals (NADP) as well as The Divorce Coalition. She teaches a mastermind class and coaches coaches! She is also a Certified Divorce Specialist and Pre Mediation Divorce coach. Prior to becoming a Certified Divorce Coach Susan earned her doctorate in Education Leadership and was a school teacher and administrator. Her studies and focus have always been on what is best for the children. Susan’s promise to you is that you will end each session with action steps to get you closer to achieving your goals and the life you want! Susan is the coach that attorneys hire for their own divorce!
Could these six retirement mistakes jeopardize a successful retirement? What steps can you take to avoid them?
In this eye-opening episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, reveals six critical retirement mistakes that could threaten your financial security when it comes to planning for your retirement. These pitfalls are unfortunately common, but there are steps you can take to better prepare for these financial curveballs.
Key Points Covered:
- Understanding the importance of a written financial plan
- Recognizing the risks of overly optimistic investment assumptions
- Identifying the impact of not spending enough
- Exploring the dangers of blindly trusting financial advisors
- Learning the risks of generosity towards family
- Balancing and diversifying your investment portfolio
- And much more!
Resources:
- From Planning to Investments: A Deep Dive Into Our Services (Ep. 154)
- Retirement Reality Check: Are You Spending Enough? (Ep.136)
- The Risk Factor: Unraveling Investment Pitfalls (Ep. 129)
- Investing with the Reservoir Strategy (Ep. 119)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Divorce is rarely easy, but what if there were alternatives to the adversarial process of litigation that could lead to more peaceful resolutions?
In this episode of the Life Unlimited podcast, host Larry Heller, CFP®, CDFA® is joined by Andrea Vacca, Founder of Vacca Family Law Group, to define and explore two powerful divorce alternatives: mediation and collaborative law.
From choosing the right attorney to the importance of strong communication skills, Andrea provides tips and resources for transitioning between mediation and collaborative law, ensuring you have the support you need every step of the way. If you’re facing a divorce or simply curious about your options, this conversation could be the key to finding a less stressful, cost effective, and more collaborative path forward.
Key Points Covered:
- The definitions and differences between Mediation and Collaborative Law and how these processes address both the emotional and practical needs of both people
- How these methods give couples more control over their own divorce process, often leading to clearer agreements and fewer post-divorce regrets
- The positive mindset these methods reinforce with their focus on problem-solving and mutual agreement
- Practical tips such as choosing the right attorney and emphasizing clear communication between spouses
- The benefits of having a team working on your case versus a solo attorney
- And much more!
Resources:
- A Better Divorce Podcast
- Free eBook: Divorce Without Court
Connect with Andrea Vacca:
- LinkedIn: Andrea Vacca
- Website: Vacca Family Law Group
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Andrea Vacca graduated from SUNY College at Buffalo with a B.A. in Journalism and received her J.D. from Albany Law School of Union University. Andrea was admitted to the New York State Bar in 1993 and to the Federal Bar, N.D.N.Y. in 1994. She earned a Certificate in Positive Psychology in 2013.
Whether you are ending a relationship or trying to prevent potential problems in your current relationship, Andrea wants to help you reach your goals with minimal conflict. Andrea gets to know her clients, their concerns, and their goals for their future so that she can assist them by crafting solutions to meet specific needs before, during, or at the end of a marriage.
As an attorney in the collaborative process, Andrea is a strong advocate for her clients without being adversarial, and without inflaming the strong emotions that can arise during divorce. When serving as a mediator, she helps both parties understand each other’s concerns, bridge their differences, and arrive at an agreement that works for both.
Could your children or grandchildren’s 529 plan be the key to their future retirement success?
In this insightful episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, explores the new provisions of the Secure 2.0 Act that allow 529 plan rollovers to Roth IRAs. Larry outlines the conditions and strategic benefits of this new rule, offering listeners practical advice on optimizing retirement strategies.
Key Points Covered:
- Understanding the traditional benefits of 529 plans for tax-free educational savings
- Exploring the new rules for 529 plan rollovers to Roth IRAs:
- Strategic benefits of overfunding 529 plans to maximize retirement savings for beneficiaries
- Illustrating potential growth of rolled-over funds with examples showing substantial retirement savings growth
- And much more!
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Ready to transform your real estate assets into a tax-efficient retirement plan?
Want to maximize your real estate wealth without the headache of property management?
Join host Larry Heller, CFP®, CDFA®, as he explores the world of 1031 exchanges with Stephen K. Davis, President and CEO of Safe Harbor Asset Management. With over 40 years of experience in financial services, Davis discusses the benefits and intricacies of 1031 exchanges and DSTs, offering valuable insights for property owners and investors.
Key Points Covered:
- Understanding 1031 exchanges and their role in deferring capital gains taxes
- Significant tax advantages of 1031 exchanges, including indefinite deferral of taxes
- How 1031 exchanges reduce property management responsibilities
- The benefits of Delaware Statutory Trusts (DSTs) for diversifying investments
- Practical success stories illustrating the benefits of DSTs
- The importance of tailoring DST investments to meet specific liquidity needs
- The expected wealth transfer in the real estate market over the next 15 years
- And much more!
Resources:
- The Great Wealth Transfer, Part 1: From Boomers to Millennials
- The Great Wealth Transfer, Part 2: Bridging Generations
Connect with Stephen K. Davis:
- LinkedIn: Stephen K. Davis
- Website: SafeHarborAssetManagement.com
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Stephen Davis, President and CEO of Safe Harbor Asset Management, specializes in tax avoidance strategies, particularly 1031 exchanges. With extensive experience in financial services, Davis provides guidance on transitioning to passive investments and maximizing tax deferral benefits through DSTs. His deep knowledge and practical insights help clients navigate complex real estate transactions and achieve financial security.
How can business owners keep their financial strategies effective for long-term success?
In this informative episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, reveals the intricacies of corporate benefits and cash management tailored for business owners. Learn how regularly updating 401k plans, optimizing cash reserves, and leveraging professional networks can alter your business. Obtain actionable insights on attracting and retaining employees, maximizing tax advantages, and implementing successful financial planning strategies.
Key Points Covered:
- Enhancing employee retention and tax benefits by updating 401k plans
- Ensuring a robust, tax-advantaged retirement plan to provide the business significant savings while attracting and retaining top talent
- Simplifying employee investment decisions with model portfolios
- Optimizing cash management and utilizing high-yield strategies for better returns
- Saving additional funds through strategic cash balance plans
- Leveraging a network of experts for comprehensive business support
- Larry’s hands-on experience and credible advice for business owners
- And More!
Tune in to transform your business’s financial strategy and achieve long-term success.
Resources:
► Services Triangle
► Our Approach
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part I) (Ep. 144)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part II) (Ep. 146)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part III) (Ep. 148)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part IV) [Ep. 150]
- Using a Cash Balance Plan to Save Large Pre-Tax Dollars with David Yackel (Ep.121)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
What if your employees could help drive your business to new heights while investing in their own financial futures?
Uncover the power of ESOPs now!
Join host Larry Heller, CFP®, CDFA®, as he discusses the intricacies of ESOPs with Chris Coates, a skilled professional in business transition strategies. With over 30 years of experience, Coates offers an in-depth look at how ESOPs work, the benefits they provide, and why they are a compelling option for many business owners.
Key Points Covered:
- Understanding ESOPs, including their basics and role as retirement benefits for employees
- Significant tax advantages of ESOPs for both C and S corporations, including potential legislative changes
- Ways ESOPs foster employee loyalty and incentivize employees to act like owners
- The role of ESOPs in leadership succession and long-term business sustainability
- How ESOPs enhance employee retirement benefits alongside existing 401k plans
- A balanced look at the pros and cons of ESOPs for business owners and employees
- Plus, additional insights into maximizing the benefits of ESOPs!
Connect with Chris Coates:
- LinkedIn: Chris Coates
- Website: SESESOP.com
- Email: christopher.coates@sesesop.com
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Chris Coates:
In his role as Vice President, Chris advises companies, owners and other stakeholders on business transition strategies, with a particular focus on ESOP ownership transactions. He has extensive deal shaping, negotiation and operational management experience that provide him with a unique perspective on the opportunities and challenges of companies seeking to implement employee ownership.
Prior to joining SES ESOP Strategies, Chris was a Managing Director with Accenture, a global consulting firm. During his 30-year career he has worked with various industries, including life sciences, utilities, consumer products, financial services and health and public service. In his most recent role as Commercial Director, Chris oversaw all operational aspects of sales and delivery to large, complex and global clients. This included oversight for the financial, legal, human resources and business operations aspects of the relationship.
Beyond managing your investments and portfolio, have you ever wondered what else financial advisors do?
Understanding the full scope of financial advisory services is essential to maximizing the benefits of your financial plan.
In this enlightening episode of Life Unlimited, host Larry Heller, CFP®, CDFA® explores the multifaceted role of financial advisors. He addresses common misconceptions and emphasizes that effective financial advising extends well beyond investment decisions.This episode provides a deep dive into how we create personalized financial plans for clients, addressing all aspects of their financial lives to ensure future preparedness. Tune in to learn how we can help you achieve financial security and peace of mind through our comprehensive financial planning and detailed strategies.
Key Points Covered:
- Larry’s dedication to educating clients and alleviating financial anxieties
- Clarifying the comprehensive role of financial advisors beyond just investments
- The critical importance of financial planning before making investment decisions
- Detailed financial planning processes: goals, time horizons, and financial needs
- Components of financial planning: cash flow analysis, risk management, tax planning, investment management, estate planning, and retirement planning
- Differentiating traditional investments (stocks, bonds, mutual funds) from alternative investments (private equity, private credit)
- The importance of regular financial monitoring to adapt to life changes
- Addressing client concerns: inheritances, safe retirement strategies, and account consolidation
- Highlighting the transparency of fee structures and the importance of fiduciary duty
- And More!
Resources:
► Services Triangle: https://acrobat.adobe.com/id/urn:aaid:sc:VA6C2:cfe5a4d5-2384-4a62-b76a-2921735e4cbf
► Our Approach: https://docs.google.com/document/d/1Qp3B-6EQsTptfRZT5792CIVvvo9yrXKrwBVLFZvJBj8/edit?usp=sharing
► Is Your Portfolio Missing Out? With Alona Gornick [Ep. 143]: https://hellerwealthmanagement.com/is-your-portfolio-missing-out-the-rise-of-private-credit-with-alona-gornick-ep-143/
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
00:00 Introduction to Life Unlimited Podcast
00:20 Reflecting on 150 Episodes
00:33 Understanding Financial Advisory Services
01:59 The Importance of Financial Planning
03:18 Diving into Investment Strategies
13:13 Exploring Alternative Investments
16:23 Who We Work With and Our Fee Structure
20:35 The Fiduciary Standard Explained
22:06 Conclusion and Contact Information
Financial missteps can derail even the most promising businesses.
In this impactful episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, is joined by Tricia M. Taitt, CEO of Fincore and skilled fractional CFO. They dive into the top five financial mistakes that businesses often make and offer practical advice on how to avoid them. Focused on strategic financial management, this episode is especially beneficial for women entrepreneurs seeking to strengthen their cash flow management and overall business performance.
Key Points Covered:
- Understanding the distinct roles of fractional CFOs, CPAs, and bookkeepers
- The critical importance of strategic financial management in fostering business growth
- A deep dive into essential financial ratios and metrics for maintaining healthy business growth
- Case study: How suboptimal product performance can overshadow substantial sales
- Effective cash flow management strategies and the risks of inadequate financial policies
- The importance of budgeting and forecasting in strategic business planning
- Strategies to prevent fraud through effective separation of duties
- Insights from Tricia’s book, “Dancing with Numbers,” making financial management approachable through dance
- Plus, plenty more tips for smart financial decisions!
Connect with Tricia M. Taitt:
- LinkedIn: Tricia M. Taitt
- Website: FincoreStrong.com
- Instagram: FincoreStrong
- Book: Dancing with Numbers
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Tricia M. Taitt has been an impactful figure in financial management, particularly for women-led businesses, leveraging her expertise as a fractional CFO to guide companies through growth and transitions. Her book “Dancing with Numbers” creatively blends her finance expertise with her passion for dance, making financial concepts accessible and engaging.
00:00 Introduction to Life Unlimited Podcast
00:37 Meet Tricia Tate: Empowering Small Business Financial Health
01:32 Understanding the Role of a Fractional CFO
07:13 Top Five Financial Mistakes Businesses Make
07:29 Deep Dive into Cash Flow Management
10:49 The Importance of Tracking Business Performance
15:45 Systems, Policies, and Procedures for Business Success
20:17 Planning for the Future: Budgets and Forecasts
24:15 Leveraging Financial Expertise for Business Growth
26:00 Tricia Tate’s Book: Dancing with Numbers
30:57 Closing Thoughts and Contact Information
Are you effectively using tax strategies to boost your retirement investments?
Explore this insightful episode of the Life Unlimited Podcast featuring Larry Heller, CFP®, CDFA®. Larry delves into strategic tax planning and investment strategies designed to optimize retirement savings both during your working years and in retirement. Drawing from his experience as a former CPA, he underscores the significance of not only what you earn but also what you retain after taxes. Tune in as Larry highlights key strategies like capital gains management, tax loss harvesting, and the advantages of ETFs over mutual funds for tax efficiency. The episode emphasizes the importance of proactive tax planning for a secure and financially efficient retirement.
Larry Discusses:
- The importance of understanding the advantages of ETFs for minimizing capital gains taxes
- How and when to implement this strategy to reduce taxes by offsetting gains with losses
- Insights on deciding which retirement account fits best depending on your current and future tax brackets
- Maximizing tax benefits by converting during lower-income years, benefiting both the account holder and heirs
- The necessity for a coordinated approach between financial advisors and tax professionals to optimize retirement strategies
- And more!
Resources:
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part I)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part II)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part III)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part IV)
- Retire Right by Larry Heller, CFP®, CPA
- How and When To Use A Roth (Ep. 17)
- Don’t Forget About Tax-Loss Harvesting and Tax-Gain Harvesting (Ep. 36)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
There is no secret to Medicare, you just need the proper guidance.
In this insightful episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, welcomes Craig Smith, Medicare professional. With a focus on senior healthcare since 2013, Craig has become a go-to advisor for baby boomers managing healthcare and insurance financials, especially Medicare. The episode delves deeply into the layers of Medicare, shedding light on its various sections, eligibility nuances, and pivotal decisions for those approaching their golden years.
Key Points Covered:
- Exploring Medicare Parts A and B, along with drug plan details
- Clarity on Medicare eligibility starting at age 65 and special condition considerations
- Insights on how employer healthcare plans interact with Medicare choices at 65, including spousal coverage implications
- Highlighting Medicare’s automatic enrollment, penalties, and drug plan selection
- Differentiating between Medicare Advantage and Medicare Supplement Plans
- Guidance on Medicare’s annual enrollment and state-specific plan variations
- Plus, more tips for making well-informed Medicare decisions!
Connect with Craig Smith:
- LinkedIn: Craig Smith
- Website: Craig Smith Insurance Group
- Email: craigsmith@csmedicare.net
- Direct: (917) 740-1895
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Craig Smith:
Craig Smith has been an instrumental figure in the senior healthcare market since becoming an insurance agent in 2013. His expertise in Medicare and commitment to offering unbiased, affordable healthcare plans have significantly impacted retirees and those nearing retirement age. With a deep understanding of the intricacies of Medicare, Craig provides tailored advice to his clients, helping them make informed decisions about their healthcare and financial security.
Are your 401(k) offerings impacting employee wellness and engagement?
Join Larry Heller, CFP®, CDFA®, in the concluding episode of our four-part series, “An Employer’s Guide to 401k Plans.” This final segment focuses on the broader impact of 401(k) plans in terms of employee well-being and corporate culture. Larry explores how these plans transcend traditional retirement savings and play a pivotal role in fostering financial literacy, engagement, and loyalty among employees.
Larry Discusses:
- The vital role of 401(k) plans in attracting and retaining talent and the extensive benefits for employers
- Clarifying contributions, fund choices, and Roth options in 401(k) plans to support informed decision-making
- Providing easily accessible resources and dedicated support for navigating 401(k) plans effectively
- The importance of comparing model portfolios with target date funds for diverse financial needs and personalized investment approaches
- The need for showcasing an employer’s commitment to employee well-being through comprehensive financial wellness programs
- The necessity of continuous communication and regular educational meetings to engage employees in their 401(k) plans
- And much more!
Resources:
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part I)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part II)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part III)
- Complimentary 401(k) Benchmarking Introductory Call
- Retire Right by Larry Heller, CFP®, CPA
- How and When To Use A Roth (Ep. 17)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Is your business at risk due to employment law misunderstandings?
In this captivating episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, is joined by Doug Rowe, an acclaimed labor and employment law partner at Certilman Balin, and a New York Metro Super Lawyer and The Legal Eagle award recipient. Doug delves into the critical aspects of employment law, offering indispensable insights for business owners. He also discusses new employment laws that have been implemented and how they can affect employers in dealing with their current employees as well as new hires.
Key Points Covered:
- The importance of adhering to employment laws in all industries
- Dispelling overtime myths for salaried employees and explaining exemption qualifications
- The importance of expert HR guidance in complex legal landscapes
- The necessity of self-audits for legal compliance in larger firms
- Navigating the intricacies of modern workplace dynamics, including hybrid work models
- The evolving role of AI in HR and the need for unbiased hiring practices
- Plus, additional strategies for mastering employment law!
Connect with Doug Rowe:
- LinkedIn: Doug Rowe
- Website: CertilmanBalin.com
- Email: drowe@certilmanbalin.com
- Phone: (516) 296-7102
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Doug Rowe:
Douglas E. Rowe is a Partner in our Labor and Employment Group.
His broad range of expertise includes claims alleging discrimination based upon race, sex, religion, national origin, age and disability, as well as sexual harassment, wage and hour issues, labor arbitrations, and defense of employment-related claims under federal and state statutes. He is frequently quoted in the media about the #MeToo movement and legislation affecting employers and employees.
He counsels on and litigates issues relating to restrictive covenants and trade secrets. By initiating preventive counseling on company policies and other personnel matters, Mr. Rowe helps clients keep costs down and avoid litigation. He also prepares and negotiates employment agreements.
A seasoned litigator at the state and federal level, Mr. Rowe has significant appellate experience. He is admitted to practice in the State of New York, United States District Court, Eastern and Southern Districts, and the U.S. Court of Appeals, Second Circuit.
Mr. Rowe was first named to the New York Metro Super Lawyers list in 2011 and has earned the distinction consecutively from 2013 until 2018. Only five percent of lawyers in the New York Metro are honored each year.
He was awarded a “Legal Eagle” by Long Island Pulse Magazine.
He serves on the Board of Directors at Rock and Wrap it Up, an anti-poverty think tank based in New York.
He graduated from Brooklyn Law School and earned his Bachelor of Science in Accounting from the University of Maryland. He is a member of the New York and Nassau County Bar Associations.
Are you managing your 401(k) effectively?
Dive into the intricate world of 401(k) investment strategies with Larry Heller, CFP®, CDFA®, in this informative third installment of the “Employer’s Guide to 401k Plans“ series. This episode delves into crucial aspects such as fiduciary duties, investment selection, and fund diversity, offering valuable insights for trustees and plan participants alike.
Larry Discusses:
- Emphasis on the vital role of fiduciary duties within 401(k) plans, spotlighting the frequently neglected responsibilities that plan participants hold as trustees
- Detailed exploration of various investment types in 401(k) plans, including mutual funds and ETFs, highlighting those with clear objectives and transparency
- The superior benefits of model portfolios compared to target date funds, tailored to diverse risk tolerances and investment goals
- Introducing features like automatic rebalancing to aid participants in maintaining their desired asset allocation over time
- The critical practice of regular benchmarking in 401k plans to ensure fee competitiveness and to raise awareness of hidden costs
- And much more!
Resources:
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part I)
- An Employer’s Guide to 401k Plans: A Four-Part Series (Part II)
- Complimentary 401(k) Benchmarking Introductory Call
- What is Your Fiduciary Score?
- Retire Right by Larry Heller, CFP®, CPA
- How and When To Use A Roth (Ep. 17)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Is opting for high-deductible health insurance plans a smart financial move for businesses?
Larry Heller’s latest episode of the Life Unlimited Podcast features Jeff Weiner, CEO of HKM Associates, who brings his extensive experience spanning over four decades in life, health insurance, and financial services. Throughout the episode, Jeff offers invaluable insights into working with businesses to maximize savings through high-deductible plans. He provides comprehensive explanations on the mechanics of these plans and showcases their efficacy in saving costs, employing real-world examples to illustrate their practical application.
Key points covered:
- Exploring New York’s distinct health insurance market for small and medium-sized businesses and its unique challenges
- Unveiling the significant savings companies can achieve with high deductible plans through real-life comparisons with traditional plans
- Emphasizing the importance of understanding the financial implications behind health insurance plans and the role of third-party administrators in managing high deductible plans
- Plus more insights on transforming your business’s health insurance strategy!
Resources:
- Revolutionizing Employee Benefits Case Study
- Transformative Healthcare Savings Case Study
Connect with Jeff Weiner:
- Website: HKMAssociates.com
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Jeff Weiner: Jeff Weiner, the CEO of HKM Associates has named his company after his wife, Helene and his daughters, Kelsey and Megan. HKM Associates strives to provide excellent service in the areas of Life Insurance, Health Insurance and Financial Services both in the personal and corporate marketplace. Jeff brings extensive knowledge to these areas and has been the recipient of many industry awards in his 40 years in the field.
Nothing makes Jeff happier than supporting organizations which are doing good things in our communities and benefiting the causes closest to his heart. Jeff started his charitable initiatives with the SUNY Albany 24-hour telethon during his college days. Since then, he has made leaps and bounds, held many key positions and raised millions of dollars for over a dozen organizations locally and nationwide.
Jeff’s pay-it-forward attitude has transferred to his daughters who are proud to involve themselves in the causes that speak to them the most. When his daughter, Megan, fell ill with Hodgkin’s Lymphoma in 2011, the family did what they do best, support and get involved. With initiatives like “Like the Night”, “5 and Alive” and participating in organization events through Stupid Cancer and the Leukemia and Lymphoma Society, Jeff and his family were able to help many other struggling families receive benefits through fundraising.
Jeff’s business goal is to be able to sustain himself to focus on his passion of working within the charity world, organizing, and coordinating fundraising events through his networks and providing the benefit to those who need them the most.
Are you confident in your mastery of 401k fiduciary responsibilities?
Continuing the engaging “Employer’s Guide to 401k Plans“ series with Larry Heller, CFP®, CDFA®, this second installment dives deeper into the crucial topic of 401(k) fiduciary governance. Building on the foundational knowledge from Part I, Larry guides listeners through the intricate responsibilities and best practices essential for effectively managing a 401(k) plan.
Larry Discusses:
- The broad scope of fiduciary responsibility, extending beyond plan sponsors to key employees involved in plan management
- The crucial role of adhering to the plan document as the governing ‘bible’ of the plan
- Common pitfalls in 401(k) management, such as failing to timely notify eligible employees, and the significant consequences of these oversights
- The pivotal role of 401(k) plans in employee retention and attraction, highlighting their importance as a core employee benefit
- Investment oversight essentials, including the need for diversification, low costs, regular reviews, and the advantages of model portfolios
- The necessity of regular benchmarking and impartiality in selecting service providers
- The importance of education and effective communication about the plan to employees
- And much more!
Resources:
- An Employer’s Guide To 401k Plans: A Four-Part Series (Part I)
- 401(k) Benchmarking Introductory Call
- Free Financial Resilience Assessment
- Retire Right by Larry Heller, CFP®, CPA
- How and When To Use A Roth (Ep. 17)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
A new year has begun, and with it comes significant legal changes for corporations and small businesses. How should you prepare?
In this episode of the Life Unlimited podcast, host Larry Heller, CFP®, CDFA®, talks to Yogi Patel, managing partner at Outside Legal Counsel, LLP, in a revealing discussion about the details of the Corporate Transparency Act and the potential changes with non-compete agreements in New York State. This discussion is critical for anyone wanting to keep abreast of these legal developments and their potential impacts on business operations.
Larry & Yogi discuss:
- The 2024 Corporate Transparency Act that becomes effective in January and the new requirements and exemptions imposed under this law
- The proposed changes concerning non-competition agreements in New York State Labor Law*
- Strategic Insights for business such as navigating the implications, recommended changes and other crucial aspects like enforcement, exceptions and penalties within these laws
- And much more!
*Update: On December 22, 2023, New York State Governor Kathy Hochul vetoed the bill that would ban all new non-competition agreements for workers in New York. Lawmakers have indicated they expect to submit a revised bill with a salary threshold.
About Yogi Patel:
Yogi Patel, Managing Partner at Outside Legal Counsel LLP, is a versatile legal expert serving a wide array of privately held businesses and professionals. He specializes in commercial transactions, compliance, labor law, and both sides of commercial litigation. Yogi’s expertise extends to advising executives in technology, finance, and medicine on contract, equity, and severance matters, as well as representing parties in restrictive covenant litigations. An Adjunct Professor at CUNY School of Law since 2016, he imparts knowledge in commercial law and mentors law graduates for the New York Bar Exam. Yogi’s background includes roles as in-house counsel in construction and at a boutique law firm, handling diverse legal challenges.
Is it possible for 401(k) plans to work harder for you?
Join Larry Heller, CFP®, CDFA®, in this essential mini-series where Larry unravels the intricacies of 401(k)’s. This episode covers crucial topics such as the significance of proper plan design, the diverse types of 401k plans, and the advantages of offering these plans for business owners. From perspectives on contributions and matching to navigating investments and educational aspects, this podcast equips you with the knowledge to navigate the complexities of 401(k) plans.
Larry Discusses:
- Various 401(k) plan types like Regular, Safe Harbor, and Matching Contribution plans
- The substantial tax benefits for business owners and grasping the real value of comprehensive 401(k) plans, transcending mere costs
- How adaptable 401(k) plan designs cater to evolving company needs
- The significance of early involvement in plans and the critical choice between Roth and traditional contributions
- Emphasizing the necessity of specialized education and tools like retirement calculators for making well-informed decisions
- Heller Wealth Management’s benchmarking service to compare 401(k) plans against industry norms
- And much more!
Resources:
- 401(k) Benchmarking Introductory Call
- Free Financial Resilience Assessment
- Retire Right by Larry Heller, CFP®, CPA
- How and When To Use A Roth (Ep. 17)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CDFA®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Is private credit the hidden gem missing in your investment portfolio?
Explore the untapped potential of private credit in your investment portfolio with Larry Heller, CFP®, CDFA® and special guest Alona Gornick, Managing Director and Senior Investment Strategist at Churchill Asset Management. Together, they take us deep into the intricacies of private credit, a burgeoning asset class currently commanding a substantial $1.5 trillion in assets.
Larry & Alona discuss:
- What is Private Credit, what advantages does it offer, and how it has experienced such growth
- Private Credit’s diversity such as, asset based lending, equipment finance, venture debt, and more
- The Investor Appeal to those seeking steady income and a buy-and-hold approach
- How innovative fund structures break down barriers, making private credit accessible to individual investors and opening new avenues for diversified portfolios
- And much more!
Connect with Alona Gornick:
- LinkedIn: Alona Gornick
- Churchill Asset Management
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Alona Gornick:
Alona Gornick serves as a Managing Director, Senior Investment Strategist, and Co-Head of the Chicago Office for Churchill Asset Management. In her role, Alona provides meaningful investment insights across the private capital spectrum to the investment community, with a particular emphasis on the Private Wealth and Retail channel. She works closely with Nuveen’s global distribution team to deepen relationships with and educate Churchill’s investors and partners.
Alona also serves as Co-Head of Churchill’s Diversity, Equity and Inclusion Council, where she collaborates on initiatives that prioritize inclusion and authenticity. She joined Churchill in 2017 as an Originator, developing relationships with leading private equity sponsors to source and structure high-quality deal flow for the platform. Alona has spent 14 years in various investment, capital markets and investor relations roles at leading organizations, including Nuveen (Churchill’s parent company), Golden Gate Capital, and Oaktree Capital Management.
As we delve deeper into the transformative phenomenon of the Great Wealth Transfer, Part 2 of our series further explores the staggering $68 to $74 trillion destined to cascade down over the next decade.
In “The Great Wealth Transfer, Part 2,” Larry Heller, CFP®, CDFA®, guides us through the intricate dynamics of this wealth transition, offering crucial insights for aging parents and their millennial heirs. Larry sheds light on key aspects, empowering millennials to navigate challenging conversations with their Boomer parents and ensuring a seamless, secure transfer of wealth. This episode is a must-listen for those aiming to redefine their financial legacy in the face of this monumental wealth shift.
Key discussion points include:
- Strategies for smooth talks about inheritance between the Boomer generation and the Millennial Generation
- How advisors navigate the emotional and practical sides of wealth transfer
- Insights into fair wealth sharing in complex family dynamics
- Essential advice to keep everyone safe from fraud
- Understanding the importance of Medicaid and trusts in financial plans & estate planning
- A look at the bigger picture of estate planning beyond finances
- The uncomfortable but necessary “end-of-life planning” conversation between children and parents
- How staying organized can improve estate planning
- And much more!
Resources:
- Free Financial Resilience Assessment
- Retire Right by Larry Heller, CFP®, CPA
- How and When To Use A Roth (Ep. 17)
- Year-End Planning Recommendations for Retirees (Ep. 98)
- Year-End Tax-Planning Unveiled: 10 Tips to Implement Before Year-End (Ep. 139)
- The Great Wealth Transfer, Part 1: From Boomers To Millennials (Ep. 141)
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Ever heard of the Great Wealth Transfer? It’s about to change everything you thought you knew about money. Imagine a staggering $68 to $74 trillion cascading down over the next decade or so. Could this make millennials the richest age group the U.S. has ever seen? In this two-part series, Larry Heller, CFP®, CDFA®, offers …
“Swimming with a school of fish”, that’s how Apollo from Dimensional Fund Advisors describes asset class investing in this episode of Life Unlimited. Larry Heller, CFP®, CDFA ® welcomes Apollo Lupescu, Vice President of Dimensional Fund Advisors, a prominent global investment management firm to discuss the emotional and logical thought process associated with investing. Listen …
Tax loss harvesting – ever heard of it? It’s a strategy where you sell investments that have decreased in value to offset any gains and save on taxes. In this episode, Larry Heller, CFP®, CDFA® overviews ten savings and tax planning tips to implement before the end of the year. He goes into detail on …
Juggling the various aspects of your life can not only be tricky, it can be very overwhelming. And then, just when you think you’ve got a handle on it all, a ball comes crashing down. No matter your financial situation, you deserve to come out happy and secure after a divorce. In this episode of …
What happens after you retire or sell your business? Today’s guest, Jerome Myers is certain that you will fall victim to the ‘founder exit paradox’ and experience feelings of uncertainty and loss of purpose. In this episode, Larry Heller, CFP®, CDFA ® chats with Jerome about why many business owners suffer an existential crisis after …
Many people are afraid to spend money during retirement because they worry they will run out, but in actuality, many people aren’t spending enough! In this episode, Larry Heller, CFP®, CDFA® provides insight and education surrounding how much you can afford to spend once you retire. Listen as he highlights what you need to consider … Continue reading Retirement Reality Check: Are You Spending Enough? →
Life happens – plans get changed, good weather turns to bad, and luggage gets lost. In this episode of Life Unlimited, Larry Heller, CFP®, CDFA shares his story about his experience with a notable airline company and how his situation could have been made better with one simple thing: communication. Larry chats with his long-time … Continue reading When Poor Customer Service Leaves a Bad Taste in Your Mouth (Ep. 135) →
In today’s episode, Lisa Zeiderman, Esq., CDFA®, CFL™, and Managing Partner at Miller Zeiderman LLP, sheds light on the complexities and processes of divorce, particularly when it occurs later in life. This episode offers essential guidance to effectively navigate the challenges that may arise when dealing with shared assets and liabilities, the emotional strain of … Continue reading Mastering Divorce: Protecting Your Assets and Future with Lisa Zeiderman (Ep.134) →
Today’s guest, Andrew Hatherley, CDFA®, CRPC® is the founder and CEO of Wiser Divorce Solutions, LLC and Transcend Retirement, LLC. After going through a divorce at 52, Andrew realized that there was a niche that wasn’t fully being attended to; people who are divorcing later in life. In this episode, Larry Heller, CFP®, CDFA® gets … Continue reading The Gray Divorce Phenomenon: Redefining Your Life and Retirement with Andrew Hatherley (Ep. 133) →
Unfortunately, none of us truly anticipates the possibility of being thrust into the realm of widowhood. Join host Larry Heller, CFP®, CDFA® as he guides widows and widowers through the essential steps you should be taking as the surviving spouse. In this episode of Life Unlimited, Larry discusses crucial steps to effectively manage your inherited … Continue reading Navigating Loss: 4 Essential Steps to Take as the Surviving Spouse (Ep. 132) →
Prepare for an insightful exploration of the deep emotional connection between money and relationships in this thought-provoking episode. Larry Heller, CFP®, CDFA®, is joined by esteemed podcast host and founder of the Financial Dignity Movement, Christine Luken. With her expertise in coaching high-earning professionals, business owners, and divorcees to overcome overwhelming debt and achieve remarkable … Continue reading Unveiling the Emotional Side of Money: Insights from Christine Luken (Ep. 131) →
From selling a business to retirement planning, partnership negotiations, divorce proceedings, and estate planning, there are many reasons why someone would need a business valuation. Although the empirical data has vastly improved since the early days in this field, professionals still prioritize understanding each business individually and utilize several different valuation approaches including market, cost, … Continue reading Mastering the Craft of Business Valuations: Expert Tips and Insights with Karl Janhsen, CPA, P.C. (Ep. 130) →
The lack of risk assessment in some investment types can lead people to overlook potential risks until a negative outcome occurs. With the current state of several regional banks such as Silicon Valley Bank, it is becoming increasingly important to understand and manage financial risks pertaining to cash and other investments.
In this podcast episode, Larry Heller, CFP®, CDFA® provides insight into the complexities of financial risk management. Join him to gain a deeper understanding of the nuances of cash, bonds and equities and essential insights on mitigating risk in today’s volatile economic landscape.
Larry discusses:
- Risk and how it relates to a number of different asset classes
- The ins and outs of FDIC Insurance, treasury money markets, and debt limits
- Solutions to help maintain your confidence in your portfolio
- Cash risks you might not have considered before
- And more
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
People with disabilities may face challenges when engaging in everyday activities. However, participating in competitive sports can be even more daunting for them.
What can we do to provide them with the necessary support?
Join us in this release as Larry Heller, CFP®, CDFA®, sits down with Caroline Gaynor, Vice President, Relationship Director & Investment Specialist at Avantis Investors.
During this conversation, Caroline discusses her journey of guiding visually disabled athletes in high-intensity and competitive sports such as triathlons and Ironmans. She shares insights on how she became involved in this field and some of her most remarkable experiences. Furthermore, Caroline provides suggestions on how we can support para-athletes.
Caroline discusses:
- How visually impaired athletes can participate with modifications in sports such as triathlons
- Her most eye-opening experiences while guiding in triathlons and Ironmans
- The hardest part of helping others in high intensive sports
- Ways you help para-athletes and where you can volunteer
- And more!
Resources:
- Achilles International
- Dare2Tri
- Team Catapult
- Challenged Athletes Foundation
Connect with Caroline Gaynor:
- Instagram: Caroline Bikes
- Twitter: Caroline Bikes
- LinkedIn Caroline Gaynor
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Caroline Gaynor has a day job working as a regional director for a large asset manager. Outside of her job, Caroline works hard at something that isn’t a job but is more than a hobby: guiding visually-impaired triathletes. A triathlete since her college years, Caroline got into guiding by chance in 2008 and was hooked.
We all dream of those golden years when we can kick back and enjoy our retirement, knowing we have worked extensively for the money now used in retirement.
But getting to that point requires a series of different checkpoints that will determine if you are truly ready to retire with confidence.
In this episode, Larry Heller, CFP®, goes through several different considerations you will have to encounter when planning for your retirement. While it is important to be prepared for the worst, planning ahead financially and staying mindful of possible scenarios can help you avoid having to change your lifestyle down the road and allow you to live a life unlimited.
Larry discusses:
- The importance of a distribution strategy
- Ways you can understand where your cash flow is coming from once you hit retirement
- How to know what pension to select
- And more
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
From divorces and inheritance disputes, to fraud investigations and business partnerships gone sour, there are a number of reasons you may want to consider hiring an expert financial investigator.
In this episode, Larry Heller, CFP®, sits down with Philip Segal, author of The Art of Fact Investigation: Creative Thinking in the Age of Information Overload, as he discusses his expertise in the field of financial investigations. From understanding your legal rights if your personal information has been breached to what you can actually gain from suing someone under these circumstances, Philip is here to help you understand your rights.
Philip discusses:
- What information of yours is online for public knowledge
- The ins and outs of financial property
- The importance of keeping an open mind when investigating and exhausting all of your options
- And more
Resources:
- The Art of Fact Investigation: Creative Thinking in the Age of Information Overload
- The Divorce Asset Hunter Blog
- The Ethical Investigator Blog
Connect with Philip Segal:
- Charles Griffin Intelligence
- 917-677-1606
- LinkedIn: Philip Segal
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Charles Griffin is headed by Philip Segal, a New York attorney with extensive experience in corporate investigations in the U.S. for AmLaw 100 law firms and Fortune 100 companies.
Segal worked previously as a case manager for the James Mintz Group in New York and as North American Partner and General Counsel for GPW, a British business intelligence firm.
Prior to becoming an attorney, Segal was the Finance Editor of the Asian Wall Street Journal and worked as a journalist in five countries over 19 years with a specialization in finance. Segal has also been a guest speaker at Columbia University on investigating complex international financing structures. He is the author of the book, The Art of Fact Investigation: Creative Thinking in the Age of Information Overload (Ignaz Press, 2016).
He lectures on fact investigation and ethics to bar associations and other professional groups across the United States.
With the emergence of the new SECURE (Setting Every Community Up For Retirement Enhancement) Act 2.0, there are upwards of 100 different changes made that will affect the onset and process of your retirement. The one in the hot seat today is the RMD (Required Minimum Distribution) age change.
In this episode, Larry Heller, CFP®, discusses one of the most important changes for those nearing RMD age and explains how this change might impact your investment strategy moving forward, as well as ways to implement tax savings strategies.
Larry discusses:
- How your investment strategy might change with the requirement age of RMDs being pushed back
- How you can juggle different accounts in this process with a longer time horizon
- The increased time you have to pull out your RMDs and how this may impact your portfolio and retirement
- The importance of tax planning for your IRA
- And more
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
Most people don’t prepare for a divorce before they get married. In most divorces, property that was acquired during the marriage is subject to division between the spouses depending on a number of factors.
Dividing assets and understanding how they are calculated post-separation is a crucial step in the divorce process. A QDRO can be used to divide retirement assets between the two spouses as a part of the property settlement.
In this episode, Larry Heller, CFP®, is joined by Derrick A. Rubin, partner at Wisselman, Harounian & Associates to discuss how you can navigate a divorce when it comes to using a QDRO to split assets.
Derrick focuses on:
- What a QDRO (Qualified Domestic Relations Order) is, and how it works
- How various retirement plans differ in divorce settlements
- The process of equitable distribution
- And more
Connect with Derrick Rubin:
- LinkedIn: Derrick Rubin
- Wisselman, Harrounian Family Law
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Derrick A. Rubin, Esq. is a Partner at Wisselman, Harounian & Associates, P.C. and has been with the firm since 1997. He has been recognized by Newsday as an expert in matrimonial law and has been named a New York Metro Super Lawyer for 7 consecutive years. In addition to matrimonial law, he has extensive experience in residential and commercial real estate, estate planning, civil litigation and criminal and business law.
When today’s guest witnessed her 5-year-old daughter squeal with delight by inserting a quarter into a vending machine, she knew she had to instill proper financial habits, and fast.
Did you know that by the age of seven, most children have built their foundation for how they view, and spend money? To help ward off life-long implications from poor spending decisions, Karen Tenenbaum, Esq, CPA, co-founder of Commerce Plaza Inc., and Walter the Vault, made it her mission to bring financial literacy to the schools of New York.
Join Larry Heller, CFP® as he chats with Karen about her efforts in providing financial literacy education to children through working with school districts, obtaining grants, and giving life to a character that uses rhyme to teach money skills.
Listen as Karen discusses:
- Why learning about money at a young age is essential to building life-long skills
- How she’s helped 75,000 children take part in a 6-week financial literacy curriculum
- Why Walter the Vault was created and how he makes learning fun and interactive
- And more!
Resources:
- Walter the Vault website
- Facebook: Walter the Vault
- YouTube: Walter the Vault
- YES Community Counseling Center: Commerce Plaza Inc.
- Money as You Grow: Help for parents and caregivers
- LinkedIn: Kelly Kirk-Xu
- Outschool: Personal Finance Classes for Kids
- Life Unlimited: What You Must Know About Changing Your State Residence with Karen J. Tenenbaum (Ep. 45)
Connect with Karen Tenenbaum:
- 631-465-5000
- LinkedIn: Karen Tenenbaum
- Tenenbaum Law
- ktenenbaum@litaxattorney.com
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Karen Tenenbaum, Esq, LL.M., CPA, has been an attorney for over 35 years and founded her firm, Tenenbaum Law, P.C. which helps individuals and businesses facing IRS and New York State tax problems. Karen is a frequent speaker on IRS and NYS Tax issues for numerous professional groups and serves as a committee member and chairwoman of several local organizations. Karen is the co-creator of Walter the Vault and co-founder of Commerce Plaza, Inc. both of which promote financial literacy.
Calling all women!! Are you currently in a position where your partner manages your finances and you have no idea what they are? Then it’s time for you to get more involved in these conversations.
Being aware of your assets and investments while truly understanding all of your finances is more important than ever. It allows you to take the burden off your future self in case you are faced with a big life change that may impact the way in which you manage your finances.
In this episode, Larry Heller, CFP®, is joined by Belinda Tsui, CFP® a Wealth Manager at Heller Wealth Management to discuss what women need to know when it comes to managing their finances, with, or without a partner.
Belinda and Larry discuss:
- Experiences they have had with women clients that were not involved in their financial situation and the impact it had when faced with a life change.
- The importance of both spouses being part of the financial meetings and discussions regarding familial financial decisions
- How women can get more involved in the financial planning process
- And more
Connect with Belinda Tsui:
- (631) 248-3600
- Heller Wealth Management
- LinkedIn: Belinda Tsui
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
About Our Guest:
As a wealth manager with over 20 years experience, Belinda Tsui, CFP® has been with Heller Wealth Management since 2019. She focuses on advising, counseling, and creating financial resilience for high-net-worth individuals, divorcees/widows and business owners with a concentration of working with women.
A Cash Balance Plan allows you to put away larger amounts than a traditional defined contribution retirement plan. In this episode, Larry Heller, CFP®, is joined by David Yackel from Pension Review Services to talk about all things cash balance planning.
David discusses:
- How a cash balance plans differ from your traditional defined contribution retirement accounts
- Why a cash balance plan is beneficial if you are looking to save large amounts pre-tax
- Who is a good candidate for a Cash Balance Plan
- How you can take advantage of a retroactive cash balance plan for 2022
- And more
Connect With David Yackel:
- LinkedIn: David Yackel
- Pension Review Services
Connect With Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
About David Yackel:
David Yackel heads up the consulting practice for Pension Review Services. He is responsible for defined benefit plan actuarial valuations and is involved in many aspects of the firm’s Pension and Profit Sharing and Non-qualified Retirement Plan activities. Dave reviews plans for legal and technical actuarial compliance and, when necessary, designs new plans to meet clients’ needs, while providing insight into how their plans are performing and what variables will determine performance long-term. Dave’s expert analysis and recommendations allow clients to make intelligent, informed decisions that move them closer to their financial goals.
Prior to joining Pension Review Services, Dave worked at Chernoff Diamond & Co., LLC, where he served as the Chief Consulting Actuary for over 30 years. David also worked at Kwasha Lipton and William M. Mercer, where he provided actuarial and consulting services to a varied group of corporate employers.
Dave is active in the pension community and has presented before various Society of Actuaries groups and meetings.
Dave commented, “At Pension Review Services, I’m able to surround myself with a team of top notch professionals who keep me inspired and energized—attributes that ultimately benefit my clients as well.”
When life feels like it is running faster than you can handle, don’t you wish that you had some sort of manual to keep your life in check? Organizing your finances can help you avoid late fees and missed payments, and help you reduce stress and free up your time to do things you enjoy.
In this episode, Larry Heller, CFP® welcomes the founder and CEO of Judith Heft & Associates, Financial and Lifestyle Concierge. Judy Heft, CMC® joins Larry to talk about money management throughout all stages of life, how important it is to get your finances organized, and how knowing how and where you spend your money can help you feel financially confident.
Judy discusses:
- How a hobby of bookkeeping turned into a business
- Client success stories that put Judy’s organizational tactics to use
- Why it’s important to take stock of your automatic, online payments
- And more!
Resources:
- Mastering Your Financial Lifecycles by Judith Heft & Liz Levy
- How to be Smart, Successful & Organized with your Money by Judith Heft
- Life Unlimited Podcast: Time to Have Those Tough Conversations with Your Parents (Ep.117)
Connect With Judy Heft:
- Website: Judith Heft & Associates
- Facebook: Judith Heft & Associates
- LinkedIn: Judy Heft, CMC®
- YouTube: Judith Heft & Associates
- Podcast: Mastering Your Financial Life
Connect With Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
About Our Guest:
Judy Heft, CMC® is the CEO of Judith Heft and Associates Financial and Lifestyle Concierge. Judy Heft and Associates has built its reputation on simplifying the chaos of their clients’ lives to give them more time to do what they want to do. A few of Judy’s many attributes include author, financial organizer and bookkeeper. Judy has a passion for helping people get organized, save money and have more time to enjoy life. Her clients come from all walks of life, including time challenged executives, divorcees and individuals with special needs.
To avoid worrying about day-to-day stock market volatility, it might be a good idea to start investing with the reservoir strategy. Turn off the media, stop listening to those so-called experts that make short term predictions in the stock market. Have a plan in place especially when you are withdrawing money to create an investment portfolio that provides three reservoirs so you can stop worrying about current market volatility.
In this episode, Larry Heller, CFP® discusses the importance of prepping clients before they start making investing decisions. He explains how he has been able to educate, and talk to clients prior to implementing investment strategies, and how Heller Wealth Management creates an Reservoir Investment Strategy that works both when markets are doing well, AND when they are struggling.
Larry discusses:
- How he works with his clients to prepare a well-rounded strategy in anticipation of market volatility
- Why knowing your financial “time-horizon” is so important
- How your retirement plans affect how you make your investing decisions
- The significance of identifying, or revisiting your risk tolerance level
- And more
Resources:
- The Heller Reservoir Investment Strategy
- The Heller Wealth Management Risk Tolerance
- The Heller Rise and Falls 60/40
Connect With Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
Do you have trouble seeing clearly? Low vision refers to anything less than 20/20, accompanied by some sort of blur, or loss of vision. To help correct it, there are a number of helpful solutions available, such as different types of lenses, adjusting your diet, reviewing your overall health and bloodwork with your family doctor and mineral supplements.
In this episode, Larry Heller, CFP®, is joined by Dr. Steven Schoenbart, OD, the founder of Schoenbart Vision Care in Garden City, New York. He has been practicing in the optical industry since 1978, and is currently New York State certified in low vision rehabilitative optometry.
Join Larry and Dr. Steven as they discuss:
- Why low vision cannot be corrected with standard eyeglasses
- How you can improve the onset of macular degeneration
- What contributes to vision loss, and eye disease.
- How magnifiers and telescopes can improve low vision
- And more
Connect With Dr. Steven Schoenbart:
- Schoenbart Vision Care
- (516) 794-0704
- Low Vision of New York
- (888) 393-8266
- LinkedIn: Steven Schoenbart
Connect With Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
About Our Guest:
Dr. Steve Schoenbart, OD, prescribes spectacle mounted, miniature telescopic glasses to help restore the ability to read, drive, see faces & use the computer again. Low Vision devices For Macular Degeneration, Diabetes, non operative cataracts, Ocular Albinism & other eye diseases causing Vision Loss.
Calling all members of the sandwich generation! As your parents age, you start to ask yourself a number of questions. What will happen when they are no longer able to live independently? When is a good time to step in, and offer help? Is it a good idea to get a third party to help … Continue reading Time to Have Those Tough Conversations with Your Parents (Ep.117) →
Due to high inflation rates, the ever-changing state of the markets, and many driving factors that have altered the economy, we want to help you save on taxes so that your money can stay safe in YOUR pockets. In this episode, Larry Heller, CFP®, is joined by Matthew Taus, CPA, CFP®, to talk about strategies … Continue reading Tax-Saving Strategies Before Year-End with Matthew Taus, CPA, CFP® (Ep. 116) →
The Stock Market is having a down year, and we want to help save you some money on your taxes! Enter, Tax Loss Harvesting. What is it? It’s an investment strategy that starts with the unrealized losses, and ends with money in your pocket. In this episode, Larry Heller, CFP®, breaks down why and how … Continue reading Tending Your Investment Strategy with Tax Loss Harvesting (Ep.115) →
Despite common belief, prenuptial agreements are not just for the ultra rich. They can benefit anyone from any financial background. In this episode, Larry Heller, CFP invites matrimonial attorney Sandra Radna, Esq to discuss prenuptial agreements and what benefits they serve to both individuals in a marriage. Sandra also discusses how prenuptial agreements do not … Continue reading Everything You Need To Know About Prenuptial Agreements With Sandra Radna, Esq (Ep.114) →
One of the last things you want to worry about when you lose a loved one are the numerous non-financial tasks after the loss of a loved one. Unfortunately, this is the reality for a lot of people. In this episode, Larry Heller invites Ronnie Genser, President at Bereavement Navigators, to discuss all you need … Continue reading Navigating The Myriad of Tasks After The Loss of a Loved One with Ronnie Genser (Ep.113) →
If you’re thinking about retiring, but the recession has you worried, have no fear, with proper planning, you can make decisions that are right for you. What types of things should you be reviewing with your financial advisor when the economy looks like it is headed into a recession? In this episode, Larry Heller, CFP® … Continue reading What You Need To Know About Retiring in a Recession (Ep.112) →
You’ve done it. You’ve invested, saved, and properly allocated your money to live a fulfilling retirement. But now the economy has entered a bear market and you don’t have as much money as you thought. A bear market can cause you to make knee-jerk reactions that can affect your retirement plan. In this episode, Larry … Continue reading Navigating A Bear Market As A Soon-To-Be Retiree (Ep.111) →
Entering retirement can feel like crossing the finish line of a marathon, however, that doesn’t mean the race is entirely over. A large struggle people face when they enter retirement is establishing their new identity outside of the workplace and staying engaged with the things that give them purpose. In this episode, mindset mentor George … Continue reading Transitioning Into Retirement and Gaining a New Purpose with Geroge Jerjian (Ep.110) →
Will your net worth be transferred to your heirs the way you intend it to? How do you know? In this episode of Life Unlimited, Larry shares some real life stories of major mistakes he has seen with respect to a will, beneficiary or the titling of an asset. Listen in to hear some advice … Continue reading Common Errors To Avoid When Passing Money To Your Heirs Upon Death (Ep. 109) →
99% of people will become a widow or widower at some point in their life, so financial preparation will be helpful during this emotional time. In this episode, Larry Heller guides you around ways to make financial planning easier during this major life transition by revealing key steps you’ll want to incorporate into your financial … Continue reading Taking Financial Responsibility Before You’re a Widow or Widower (Ep. 108) →
Inflation is beyond our control. However, there are ways you can mitigate the effects of inflation — both now and in retirement. Discover how in this episode, as Larry Heller, CFP®, highlights ways inflation affects our lives and the steps that you can take to protect yourself and your retirement against it. Larry discusses: What … Continue reading Strategies For Living With Inflation (Ep.107) →
It can be extremely emotional and difficult to navigate the many hurdles that come with a divorce. In this episode, Larry Heller, CFP®, joins Ilyssa Panitz, a divorce journalist, who shares practical insights on both the financial and non-financial Dos and Don’ts when navigating a divorce. Ilyssa discusses: The first steps you should take … Continue reading The Do’s and Don’ts When Facing a Divorce With Ilyssa Panitz (Ep.106) →
Getting divorced later in life can be more complicated than you may anticipate. Have you considered how your retirement plan will be impacted if you and your spouse separate? In this episode, Larry Heller, CFP®, explains how divorce later on in life can impact your retirement planning, and what steps you can take when going … Continue reading How Getting Divorced After 50 Impacts Retirement Planning (Ep.105) →
Retirement is a huge milestone that you’ve spent your life saving for. But have you planned for what your retirement will actually look like, from a non-financial perspective? If you ask someone, “what are you going to do in retirement?”, you may find that a lot of people can’t tell you. In this episode, Larry … Continue reading Preparing for Retirement Through a Non-Financial Lens with Reid Stone (Ep. 104) →
What is a fiduciary? Investment advisors, financial advisors, and wealth managers can all adhere to different legal obligations. But how do those duties differ between different types of financial professionals? In this episode, Larry Heller, CFP®, welcomes Stephen Brodsky, Esq., a corporate partner as they explore fiduciary duties in the financial industry. Stephen helps to … Continue reading What You Need to Know About Fiduciary Duty Claim For Financial Professionals With Stephen Brodsky (Ep.103) →
Our firm creates financial resilience, find out what that means. In this episode, Larry Heller, CFP®, highlights how his business is so much more than just an investment management company—it is a place where you can achieve financial resilience. Larry dives into all the ways that they help their clients achieve their financial goals. Larry … Continue reading What You Can Expect When Working with Heller Wealth Management (Ep. 102) →
Do you have a mantra that you repeat to yourself daily? How do you ensure that you are in the right mindset to accomplish all that you set out to do in a day? Larry is thrilled to have Donna Martini, cognitive coach and creator of Positive Manipulation®, back on the show for the latest … Continue reading Applying Positive Manipulation in 2022 with Donna Martini (Ep. 101) →
“We hit 100 and we’re not stopping!” – Larry Heller, CFP® Larry has reached his 100th episode of the Retire Right podcast, a huge milestone in podcasting. During these episodes, Larry has provided his audience with all kinds of valuable information on various topics surrounding retirement. Now, we’re taking a moment to reflect on the … Continue reading 100. The 100th Episode: Introducing Life Unlimited →
What are you going to do every day in retirement? As you think a little bit more about retirement, there are five important planning steps to keep in mind. In this episode, Larry Heller discusses each of the five steps to start planning for a well lived retirement. This episode will help you start visualizing … Continue reading 99. Five Important Steps to Take Before Retiring →
If you still haven’t started your year-end planning yet, now is the time to start. Planning will help you keep more money in your pocket and less in the government’s pocket. In this episode, Larry Heller shares year-end planning recommendations for retirees so you don’t miss any of these timely planning opportunities. Larry discusses: Why … Continue reading 98. Year-End Planning Recommendations for Retirees →
You don’t know what you don’t know. Whether you are contemplating divorce or are in the process, you want to protect yourself by having the proper communication and documentation. In this episode, Larry Heller talks with Keren Birnbaum, Esq. a partner with Schwartz Ettenger, PLLC who focuses on estate planning, trust and estate administration, and … Continue reading 97. 10 Common Estate Planning Mistakes Made by Divorcees With Keren Birnbaum, Esq. →
Life insurance should be customized to you and your needs. As such, your planning professional should provide you with multiple options for insurance that will fit your lifestyle and unique circumstances. In this episode, Larry Heller interviews Neil Himmelstein, the owner of Main Street Planning Group. Neil reveals the value of customized life insurance and … Continue reading 96. What You Need to Know About Life Insurance With Neil Himmelstein →
It’s not what you make but what you keep. Do you know that the taxes you pay on your investments can vary? Well then, this episode is for you! In this information-packed episode, Larry Heller discusses diversification, taxes, and different strategies you can use to maximize your return by minimizing your taxes. Larry discusses: What … Continue reading 95. HWM Strategies to Save Income Taxes on Your Investments →
These days, climate change is a big topic everyone is talking about. But do you know what is and isn’t covered under your home insurance policy? In this episode, Larry Heller talks with Paul Wickel, a insurance producer at Remco Agency, about the different homeowner policies available and what you might be missing in your … Continue reading 94. How Climate Change Can Impact Home Insurance with Paul Wickel →
Why is boring sometimes better when it comes to investing? Find out in this episode, as Larry Heller explains why boring can be better when it comes to investing. Plus, discover how “boring” compares to the things that people typically want to talk about with investing. Larry discusses: Why boring can be better when creating … Continue reading 93. The Boring Investor: Why Boring Can Be Better for Investors →
Do you struggle with making sure your household bills are paid correctly and on time? Did you know that there are options designed to help you stay on track securely and without stress? In this episode, Larry Heller speaks with Marci Lobel-Esrig, founder and chief executive officer of SilverBills, a concierge bill management company designed … Continue reading 92. The SilverBills Solution to Bill Payment With Marci Lobel-Esrig →
Whether you’re three years away from retirement or are in retirement now, many pre-retirees and retirees have the same question in mind: How much cash do I really need? In this episode, Larry Heller reveals his answer to this question and shares what’s going to have a dramatic effect on your cash during your retirement … Continue reading 91. How Much Cash Should You Have in Retirement? →
Yoga is beneficial to both the mind and the body. Through yoga, you gain mental and physical strength, an elevated spirit, and improved balance, focus, and concentration. This practice teaches you how to stay grounded and present in the moment, and how to let go of things that no longer serve you. In this insightful … Continue reading 90. Inside Out Yoga: Discovering the Practice of Yoga With Authors Sandra K Schoenbart and Joanne de Simone →
Asset allocation is one of the most important concepts for investors to grasp. That’s why one of the most-asked investment questions is, “How can we achieve optimal asset allocation, particularly during retirement?” In this episode, Larry Heller addresses some of your questions and fears about asset allocation for retirees. He provides sound advice on your … Continue reading 89. Determining the Optimal Investment Asset Allocation For Retirees →
As New York gradually reopens and restrictions begin to lift, many people are wondering how soon they can resume traveling, how safe travel will actually be, and what needs to be considered before booking their next trip. Today, Larry Heller speaks with Gary Portuesi, a travel consultant and the managing director and owner of Authentic … Continue reading 88. How to Travel in a Post-Pandemic World — With Gary Portuesi of Authentic Explorations →
As you age, many things will change, including your health. How can you stay healthy and active so you can enjoy the retirement you’ve worked so hard to achieve? Find out in this episode, as Larry Heller speaks with Christine Rosenbloom, President of Chris Rosenbloom Food & Wellness Services, LLC. Christine discusses the benefits of … Continue reading 87. Healthy Aging Tips: Food And Fitness After 50 With Author Christine Rosenbloom →
According to a 2019 study by GOBankingRates, 73% of Americans have not had a conversation about finances with their aging parents. Meanwhile, 23% have tried to approach the subject, but their parents refused to engage in the conversation. Furthermore, 19% are afraid to bring up the subject at all, and 17% believe talking about money … Continue reading 86. Having the Money Talk With Your Parents →
Are you a baseball fan? If yes, then this is an episode you won’t want to miss! Join Larry Heller as he sits down with longtime client and baseball historian, Ira Dornstein. Ira Dornstein takes you on a journey through baseball’s history, including unforgettable moments and insider information you may not find anywhere else! You … Continue reading Episode 85 – The History of Baseball: Where It All Began →
Many retirees underestimate the risks associated with their investments and financial plans, which can result in costly mistakes that could have easily been avoided if they had adequately planned for retirement. To help you avoid making common retirement planning mistakes, in this episode, Larry Heller, CFP® reveals five key planning mistakes and shares tips for … Continue reading Episode 84 – Five Common Mistakes to Avoid When Planning for Retirement →
Approximately 15% of people behind the wheel don’t have any automobile insurance coverage. What happens if you’re injured by one of those people? Find out in this episode, as Larry Heller speaks with Brian Murphy of Rappaport, Glass, Levine & Zullo LLP. As a personal injury trial attorney, Brian represents individuals all over the New … Continue reading Episode 83 – Why Everyone Should Have Supplementary Uninsured Motorist Coverage — With Attorney Brian Murphy →
When it comes to investing, you don’t need to time the stock market to be successful. In this episode, Larry Heller, CFP® shares his insight and expertise about investing in the stock market. He explains why you should avoid worrying about short-term market fluctuations which you cannot control. Instead, you should focus on areas that … Continue reading Episode 82 – Investors — Focus on What You Can Control →
“You’ve dreamed of retirement for decades, and have even worked hard to save for it. But what will your life look like when you stop working?” In this episode, join Larry Heller as he speaks with the authors of Retirement Heaven or Hell, Mike Drak and Susan Williams. Together, Mike and Susan reveal why they’re … Continue reading Episode 81 – Retirement Heaven or Hell: Which Will You Choose? — With Authors Mike Drak And Susan Williams →
What can you expect when working with us? Find out in this episode, as Larry Heller guides you through the process he and his team use at Heller Wealth Management! To help you get an idea of what working with his team will look like, Larry shares detailed insight on how they transform your vision … Continue reading Episode 80 – Understanding the client experience when working with Heller Wealth Management →
Are you thinking of settling your divorce out of court? Here’s what you need to know! In this episode, Larry Heller welcomes Michael Fried, partner at Berkman Bottger Newman & Schein LLP. As an experienced litigator and trial attorney in the field of matrimonial and family law, Michael breaks down three types of dispute resolution … Continue reading Episode 79 – Three Methods For Resolving Divorce Disputes — With Attorney Michael Fried →
The SECURE Act has changed the way beneficiaries inherit money from IRAs. If you’re a beneficiary, or are trying to set up your beneficiary for success, what does this change mean for you? Find out in this episode as Larry Heller discusses the new changes to inherited IRAs. He highlights what will happen if you … Continue reading Episode 78 – Inherited IRAs are a Ticking Tax Bomb. Here’s What You Can Do →
The start of a new year provides the opportunity to sit down and reflect on the lessons we’ve learned over the past 12 months. Join Larry Heller as he reflects on 2020 and shares the top four lessons he’s learned along the way. Larry also reveals how you can apply these takeaways to the challenges … Continue reading Episode 77 — What Has 2020 Taught Us? Four Valuable Lessons We Will Take Into 2021 →
Insurance is an ever-changing industry. As a business owner, is it possible that you’re compromising coverage in order to pay the lowest price? Or, perhaps you’re lacking proper coverage without even realizing it. Today, Ron Rugolo, vice president of Bradley & Parker, joins Larry Heller to discuss the top oversights that business owners tend to … Continue reading Episode 76 – What Business Owners Need to Know About Their Commercial Insurance Coverage –– With Ron Rugolo →
Today, Larry Heller is celebrating a milestone — one that has taken us all on a journey towards a more prosperous financial future and second act of life! In this episode, join Larry as he celebrates the release of his 75th episode of Retire Right. In honor of this milestone, Larry highlights some of the … Continue reading Episode 75 – Celebrating 75 Episodes of Retire Right →
Thinking of selling your home during a divorce? We recognize that it’s not an easy process, but we are here to help! In this episode, Larry Heller is joined by David Perry, a licensed real estate broker and Certified Real Estate Divorce Specialist at Brown Harris Stevens. Together, Larry and David address the repercussions and … Continue reading Episode 74 – Selling Your Home During a Divorce? Here’s What Couples Need To Know –– With David Perry →
Do you have enough money to retire? It’s amazing how many people actually have enough money to retire, but don’t realize it. Today, Larry Heller gives you complete advice on how to answer this question for yourself. He uncovers overlooked expenses that pre-retirees must factor in and teaches you how to recreate your paycheck so … Continue reading Episode 73 – “Do I Have Enough Money To Retire?” Here Are the Best Ways To Figure This Out! →
When planning for a divorce, you’re planning for the rest of your life. Do you know how to make the best financial choices for your future? Today, Larry Heller is joined by Rosalia Labate, a forensic financial analyst who guides people through the financial aspects of a divorce, about how to avoid common mistakes that … Continue reading Episode 72 – Money-Saving Advice People Wish They’d Known During Their Divorce –– With Rosalia Labate →
Many people are being offered early retirement due to the global pandemic. But should you accept this offer? In today’s episode, Larry Heller dives straight into the discussion about early retirement and factors to consider before you accept this, perhaps tempting, offer. He provides insightful and valuable information that will help you make a meaningful … Continue reading Episode 71 – Things To Consider if You’re Offered an Early Retirement →
If you’ve laid off an employee that you weren’t entirely satisfied with, are you legally obligated to bring them back to work? Today, Larry Heller is joined by Glenn J. Franklin, managing partner of Franklin, Gringer & Cohen, P.C., to answer employment-law questions, like the one above, which are particularly relevant during COVID-19. Glenn gives … Continue reading Episode 70 – Avoid Litigation: A Must-Have Strategy for Employers –– With Glenn J. Franklin →
Has your employer stopped matching 401(k) contributions during COVID-19? Do you wish you had more money for daily expenses? If so, you might be wondering if you should stop contributing to your 401(k). Today, Larry Heller explains why increasing your savings rate is one of the best ways to take back control during unsettling times. … Continue reading Episode 69 – Should I Stop Contributing To My 401(k) During COVID-19? (and More Answers To Your 401(k) Questions) →
Are you over 50 and thinking about getting into golf? Or maybe you’re a seasoned golfer who is looking for tips to help you avoid injuries as you get older. This is the episode for you! Today Larry Heller talks to Bill Bresnan, a PGA golf professional who has been giving lessons on Long Island … Continue reading Episode 68 – Golf Tips to Help Older Adults Play Safely and Enjoy the Game –– With Bill Bresnan →
By creating a culture of accountability in your company, you can give your employees clearer expectations and a better sense of purpose. This shift is particularly helpful as employees are feeling more stressed and anxious during the pandemic. In this episode, Larry Heller talks to Christine Ippolito, the founder and president of Compass Workforce Solutions. … Continue reading Episode 67 – The Business Case for Workplace Cultures of Accountability –– With Christine Ippolito →
If you’re approaching retirement or already retired, what can you do about low yields? After all, in today’s remarkably low-yield environment, you can’t earn enough on yields to even stay ahead of inflation. Current interest rates for a 10-year treasury are less than 1%. And cash in the bank is getting just about 0%. In … Continue reading Episode 66 – 6 Savings Strategies for an Extremely Low-Yield Environment →
Did you know that there are steps you can take right now to prepare your company for a smooth 401(k) audit? In this episode, Larry Heller is joined by Robert Puerto, a CPA and partner at Boris Benic and Associates LLP. With over 20 years of experience in managing multiple audits and review engagements in … Continue reading Episode 65 – How to Have a Pain-Free Audit of Your Company 401(k) Plan →
People’s expenses are being upended as adult kids return home and family members lose income. Banks aren’t paying much for cash. Is it still possible to retire right? In this episode, Larry Heller brings you seven financial steps to take during COVID-19. These steps are especially important if you’re retired or nearing retirement. Get ready … Continue reading Episode 64 – 7 Financial Steps for Pre-Retirees to Take During COVID-19 →
If you own a business in New York State, there are five common legal issues you could easily run into if you’re unaware of certain state and federal laws. Today, Larry Heller speaks with Lee Schwartz, the managing and founding partner of Schwartz Ettenger, PLLC, a business law firm located in Melville, New York. Together, … Continue reading Episode 63 – 5 Common Legal Issues That Affect Business Owners in NY State — With Lee Schwartz →
In this special episode, we share updates on how we are responding to the COVID-19 situation, how we’re assisting our clients, and what actions we’re advising investors to take during this time of uncertainty. Tune in now to learn how the markets are being affected and what we’re doing to help clients during this tumultuous … Continue reading SPECIAL UPDATE: COVID-19 →
Baby boomers are the last generation of caregivers as we know it. Today’s children are raised to go out and pursue their interests, even if that means living far from home. If having kids doesn’t guarantee you a future caregiver, this begs the question: Who will take care of you when you’re old? In this … Continue reading Episode 62 – 5 Ways to Plan for Health and Happiness While Aging Solo — With Joy Loverde →
Would you know how to tell if your aging loved one is being financially abused? The signs aren’t always apparent — and neither are the abusers. In this episode, Larry Heller explores this necessary topic with Jeffrey Haber, the co-founding partner of Freiberger Haber LLP. They talk about the subtle, and not so subtle, signs … Continue reading Episode 61 – Sources of Financial Elder Abuse You Should Be Aware Of – With Jeff Haber →
The newly passed SECURE Act introduces a host of changes that will impact the majority of pre-retirees. Do you know what this new bill means for your retirement plan? In this episode, Larry Heller unpacks the SECURE Act with Sal Albanese, the founder of a full-service CPA firm called Salvatore Albanese & Company LLC. Together, … Continue reading Episode 60 – What do the SECURE Act’s Biggest Changes Mean for You? — With Sal Albanese →
Larry Heller is very proud of the team he’s built at Heller Wealth Management. Have you had a chance to meet the talented professionals who will help you retire right? In this special episode, Larry Heller turns the mic over to his team. Meet wealth managers Greg Moss and Belinda Tsui, Joanna Grace in client … Continue reading Episode 59 — Get to Know the Heller Wealth Management Team →
There’s no better time than the start of a new year to learn top financial tips. This is the time when many are not only setting goals for the year, but you also have the entire year to implement them! In this episode, Larry Heller walks you through his top 10 financial planning tips for … Continue reading Episode 58 — Top 10 Financial Planning Tips for 2020 →
December may be coming to a close, but it’s not too late to implement some year-end tax planning strategies. In this episode, Larry Heller speaks with Scott Cheslowitz, a CPA and partner of Rothenberg & Peters, PLLC, who works with closely held entities, estates, and high-net-worth individuals. In this timely conversation, Scott shares year-end tax … Continue reading Episode 57 — Your Guide to Year-End Tax Planning — With Accountant, Scott Cheslowitz →
Do you have a plan in place to care for your loved ones as they age? In this episode, Larry Heller is joined by Brian Tully, founder of Tully Law, P.C. and certified elder law attorney, to explain why elder law is really elder care. This discussion covers the extensive service that Brian Tully and … Continue reading Episode 56 — Elder Law is Really Elder Care — With Attorney Brian Tully →
Did you know that humans are almost exclusively made up of water molecules? Considering that we exchange energy on a molecular level with people all the time, how can we stay centered, create our best energy, and use it to effect positive change? In this episode, Larry Heller gets to the core of these questions … Continue reading Episode 55 — How to Affect Positive Change in Your Relationships — With Donna Martini →
Have you ever dreamed of taking an early retirement to follow one of your passions? In this episode, Larry Heller is joined by Marc Alter, a client who is officially retired and now spends his days pursuing his passion for photography. This is a fun conversation in which Marc explains how he made the decision … Continue reading Episode 54 — How I Stopped Working Full-Time to Follow My Photography Passion — With Marc Alter →
We’re hitting all-time highs in all of the indexes, which means the market’s valuations are high. As an investor, you might be asking yourself, “Where do I go from here?” In this episode, Larry Heller talks about the urge many investors are having to get out of the market and “go back in after a … Continue reading Episode 53 — Current Stock Market Valuation: Are You Worried? Here’s What to Do →
The Fed Reserve recently lowered interest rates, making now a good time to gain a better understanding of municipal bonds and how interest rates affect these types of investments. Today, Jason Stuck is here to expound on this often-misunderstood type of bond. As the managing director and head of portfolio management at Northern Capital, Jason … Continue reading Episode 52 – Municipal Bonds: How, When, and Why to Use Them in Your Investment Portfolio — With Jason Stuck of Northern Capital →
During your retirement, you might want to obtain different types of financial products that require credit. Because of this, it’s important to maintain and manage your credit throughout your retirement. Here to walk you through the importance of credit during retirement is Leslie H. Tayne, an award-winning financial attorney with over 20 years of experience … Continue reading Episode 51 — Here’s What You Need to Know About Your Credit in Retirement — With Guest, Leslie H. Tayne →
Fifty of anything is an amazing milestone to reach, isn’t it? We believe that hitting episode 50 of our Retire Right Podcast calls for a celebration! In this episode, Larry Heller reminisces as he shares his most memorable moments over the past 2+ years of hosting the Retire Right Podcast. We guarantee that this feel-good … Continue reading Episode 50 – Looking Back: Celebrating 50 Episodes of the Retire Right Podcast! →
As a business owner, do you understand the core elements of your company’s retirement plan and what a third-party administrator (TPA) can bring to the table? Today’s guest, Doug Hoefer, is here to answer your questions. Doug has over 20 years of experience in the retirement planning industry and has worked with Larry on several … Continue reading Episode 49 – 401(k) Plans: What You Need to Know About a Third Party Administrator (TPA) — With Doug Hoefer →
In today’s episode, Larry Heller speaks with Philipp Meyer-Brauns of Dimensional Funds Advisors. As a senior researcher, Philipp conducts empirical asset pricing research, and today, he’s joining Larry to unpack what exactly Dimensional Fund Advisors is all about and why their trading style is so unique. In this episode, you’ll learn: The origin of Dimensional … Continue reading Episode 48 – Investing with Dimensional Fund Advisors: Who They Are and Why They Are Unique →
Will your retirement be the ride of your life? Or will you simply chug along, going through the motions? Larry Heller hopes you will love retired life. In this special episode, Larry is joined by one of his clients: a retiree named Mike Kmeth, a shining example of someone who is having a happy retirement. … Continue reading Episode 47 – How Model Trains and Retiring Right Go Together — With Mike Kmeth →
What will keep you feeling zestful, connected, and fulfilled during retirement? Today, Larry Heller, CFP®, CPA, is joined by guest Susan Williams to discuss the non-financial aspects of retirement. Susan is the founder of Booming Encore, a digital-media hub dedicated to providing information and inspiration to help baby boomers live their very best encore. As … Continue reading Episode 46 – Live Your Very Best Encore — With Susan Williams →
Would you ever make a big move to a tax-free state like Florida? Now more than ever, people are leaving New York State for tax-free states only to discover that their residency, for tax purposes, hasn’t changed. Tax rules around residency can be complex and ambiguous, but today’s guest brings clarity to the subject. CPA … Continue reading Episode 45 – What You Must Know About Changing Your State Residence — With Karen J. Tenenbaum →
It’s time to find out how you can make more money in your 401(k) plan! In today’s episode, Larry Heller is joined by Paul Merriman, the founder of Merriman Wealth Management. Paul is a nationally recognized expert on mutual funds, indexed investing, buy and hold investment strategies, and asset allocation. Given Paul’s expertise and dedication … Continue reading Episode 44 – 15 Ways to Make More Money in Your 401(K) Plan — With Paul Merriman →
Your business is likely the largest illiquid asset you own. Have you considered how you will turn it into a liquid asset so you can use it for retirement planning? Here to shed light on selling your business is Albert Hakim, a Certified Merger and Acquisitions Advisor with Kensington Company. Today, Albert speaks with host … Continue reading Episode 43 – How to Make Your Business Sellable — With Albert Hakim →
Larry Heller’s new book has hit the shelves! In today’s episode, get a special preview of “Retire Right: Lots of People Retire Wrong. Learn How to Retire Right,” and join Larry as he discusses why this book speaks to today’s retirement landscape. In this episode, you’ll learn: How retirement has transformed to become a “second … Continue reading Special Edition Episode – Introducing Larry Heller CFP®, CPA’s New Book: “Retire Right” →
Many people believe that if they save enough money for retirement, they’re all set. But there is so much more to consider. After spending years helping people retire right, Larry Heller is sharing the five top errors retirees make. In this episode, Larry explains why these errors are so detrimental, and most importantly, how to … Continue reading Episode 42 – The Top Five Errors Retirees Make →
The longer you live, the more likely you are to need long-term care. In fact, once you reach 80 years old, there’s an 80% chance that you will need it. Whether you’re thinking about your own long-term care or care for your parents, this is the episode for you. Larry Heller speaks with guest … Continue reading Episode 41 – Everything You Didn’t Know About Long-Term Care with Guest Rona Loshak →
You may be contributing regularly to an IRA, but do you have a strategy that can help boost your retirement savings? Get ready to make better use of your IRA. In today’s episode, Larry Heller covers his top five IRA strategies: tax planning; stretching beneficiaries; doing Roth conversions; creating wealth for the next generation; and … Continue reading Episode 40 – Larry’s Top 5 IRA Planning Strategies →
Are you in your second marriage and wondering how to cover all the bases in your estate plan? Today, Larry Heller speaks with guest, Steven Adler, about estate planning issues faced by couples in their second marriage and how to solve them. In this episode, you’ll learn: The most common estate planning issues couples face … Continue reading Episode 39 – Estate Planning in Second Marriages — With Guest Steven Adler →
What should you do if you get a speeding ticket in New York? Ever wonder how to use your GPS device without getting a ticket? These are some of the big questions Larry Heller answers today with the help of his guest, Michael Block, traffic ticket attorney. Michael explains how to avoid getting ticketed (with … Continue reading Episode 38 – Everything You Need to Know About Traffic Tickets in New York — with Guest Michael Block →
Today, long-time NFL writer Bob Glauber joins Larry Heller in this episode to share the most memorable stories from his new book, “Guts and Genius: The Story of Three Unlikely Coaches Who Came to Dominate the NFL in the ’80s.” Bob’s stories give a fascinating and rare insight into how Bill Walsh, Joe Gibbs, and … Continue reading Episode 37 – Interview with Bob Glauber, Author of “Guts and Genius: The Story of Three Unlikely Coaches Who Came to Dominate the NFL in the ’80s” →
Your year-end tax plan isn’t complete until you’ve considered tax-loss and tax-gain harvesting. These two strategies could offer you big tax savings! Too often, financial advisors and accountants are not proactive in exploring these tax-saving possibilities with clients, but Larry doesn’t want you to miss out. In this episode, Larry explains how you can … Continue reading Episode 36 – Don’t Forget About Tax-Loss Harvesting and Tax-Gain Harvesting →
The transition from the work world to the retirement world can take a while to get used to. Sometimes, peace of mind can come from being able to recreate a paycheck every month. In this episode, Larry Heller recommends variables and strategies to consider as you plan to create your retirement paycheck. Today you will … Continue reading Episode 35 – Your Retirement Paycheck →
2018 is the first full year under the new tax reform. Will your income tax return take a hit? Are there any changes that you will actually benefit from? Larry Heller explores these questions with New York tax expert, Sal Albanese, CPA. In this episode, they uncover the biggest tax changes and recommend actions for … Continue reading Episode 34 – 11 Ways the New Tax Law Could Help or Hurt Your Tax Return →
Annual Enrollment Period is in full swing! This is your opportunity to make changes to your Medicare plan that will better suit your needs in 2019. The Medicare experts at 360 Insurance Services, Kathleen Brennan and Kevin Tinagero, join Larry Heller in today’s episode to share what should you look for when selecting a plan. … Continue reading Episode 33 – What to Know When Selecting a Medicare Plan—with Guests Kathleen Brennan and Kevin Tinagero →
When people invest, they often forget about bonds and invest solely in stocks. Why is that? Perhaps most people simply don’t have enough information; Larry Heller has met several clients who didn’t know what bonds were, let alone the advantages of investing in them. If lack of knowledge is the issue, Larry is here to … Continue reading Episode 32 – Bonds: The Underrated Investment Vehicle →
Many times, it’s only when the going gets tough that people realize they don’t have adequate insurance coverage. Because of this, Larry Heller is on a mission to provide expert advice about insurance policies. With the help of his guest, Doug Kniffin, the vice president of The Viking Agency, Larry shares what you need to … Continue reading Episode 31 – Choosing the Right Insurance to Weather Life’s Storms—with Guest, Doug Kniffin →
Do you know the difference between Medicare and Medicaid? Today, Larry Heller breaks down common misconceptions with the help of Kevin Condon, a lawyer who specializes in elder law estate and long-term care planning. To help listeners understand the inner workings of Medicaid, Larry and Kevin explain how it differs from Medicare. Then they clear … Continue reading Episode 30 – Don’t Fall for These Common Misconceptions About Medicaid →
Investing can feel stressful when it seems like people we know and media are constantly making predictions about the market. Who can you trust? What information is actually going to help you invest wisely? Larry Heller is hoping to bring clarity to your investment experience in this episode. By tuning in, you’ll learn 10 guidelines, … Continue reading Episode 29 – 10 Ways You Can Improve Your Investment Experience →
In this episode, Larry Heller shares how you can build your ideal financial plan using his four pillars: mindset, strategy, tactics, and progress. These are the key elements that make up the Complete Financial House process that Larry and his team implement with their clients. Join Larry as he explains how each pillar can … Continue reading Episode 28 – Build Your Dream Financial Plan with These Four Pillars →
Have you checked up on your personal finances lately? In this episode of the Retire Right Podcast, Larry Heller provides an in-depth look at the five financial areas to check at the mid-year mark. From making adjustments after a salary increase, to making the most of the new tax law, Larry covers everything you need … Continue reading Episode 27 – Five Ways to Optimize Your Finances in the Middle of the Year →
In this episode, Larry Heller speaks with Dan Goldberg to discuss what life care managers are and why you should consider hiring one. Dan Goldberg is the president and managing director of IKOR of the North Shore Long Island, a life care management company for seniors and individuals with disabilities. With our aging population, it’s … Continue reading Episode 26 – Why Baby Boomers Need to Consider Life Care Management —with Guest, Dan Goldberg →
In this episode, Larry meets with David Gaynes, co-president of Chillin’ With Adam: The Adam Gaynes Foundation. David and his wife created this non-profit organization in honor of their 11-year-old son, Adam, who passed away after his lifelong battle with a brain tumor. Inspired by Adam’s courage and spirit, Chillin’ With Adam funds projects and … Continue reading Charity Spotlight: Chillin’ With Adam: The Adam Gaynes Foundation →
In this episode, you’ll meet one of Larry’s clients, Ivan Ziegler, the Long Island Chapter President of Friendship Force International. Friendship Force International is a non-profit cultural organization that focuses on promoting understanding, cultural education, and citizen diplomacy through homestay journeys and personal friendships. By bringing together people from different cultures and backgrounds, the organization … Continue reading Episode 24 – An Introduction to Friendship Force International—With Guest, Ivan Ziegler →
Today, Larry Heller and Matt Halloran discuss housing and financial strategies for retirees. Since your house is a significant asset, it’s important to consider what you’d like to do with your home once you retire. Will you stay in your home for a period of time or move right away? Will you convert your home … Continue reading Episode 23 – What Will You Do with Your Home During Retirement? →
Are you investing solely in one stock? In today’s podcast, Matt Halloran and Larry Heller discuss why some people invest in only one stock and why that singular approach to investing is risky. Listen in as Larry highlights examples of historically successful companies whose stocks have taken a nosedive. If you’ve ever heard that it’s … Continue reading Episode 22 – The Dangers of Investing in Only One Stock →
On today’s podcast, Larry Heller brings on a guest to discuss the financial considerations that go along with divorcing later on in life. Who better to discuss this topic with than Gayle Rosenblum, an award-winning matrimonial and family law attorney of Rubin and Rosenblum, PLLC. In this episode, Gayle and Larry explore the special challenges … Continue reading Episode 21 – Divorce: What happens to Your Retirement Accounts? →
Do you want to put more money in your pocket after taxes? When planning for retirement it is not only wise to include an investment strategy, it is also good to implement strategies to minimize income taxes on that investment strategy. It is time to take a look at what your taxes are and how … Continue reading Episode 20 – Strategies To Minimize Income Taxes On Investments →
Stock Markets will go up and down over the course of a lifetime. You want to be prepared for these fluctuations, especially in retirement. A steady income stream will help you in a volatile market allowing you to sleep better at night. In this episode, I share investment strategies to take during retirement to help … Continue reading Episode 19 – Stock Market Volatility During Retirement →
Do you know the fundamental pieces to estate planning? It is critical for everyone to understand what documents are needed, the importance of the documents, techniques needed for estate planning, and how estate planning has been impacted by the recent tax law changes. Learn more in this episode as I interview a very special guest, … Continue reading Episode 18 – Estate Planning Fundamentals and Estate Planning After the Recent Tax Law Changes →
To understand what a Roth is, we must understand the differences between both a Roth and a traditional IRA. Before you and your advisor decide what’s best for you, it’s important to clearly understand what makes each type of IRA unique. Learn more in this podcast as I share more about how and when to … Continue reading Episode 17 – How and When to Use a Roth →
In this episode, Larry gives 10 keys to revamping our finances for a successful 2018. Grab a piece of paper and jot down this list of practical tips, which could set you up for the next 10 years and beyond. Join Larry as he shares his top 10 financial steps for 2018! Learn How to Retire … Continue reading Episode 16 – 10 Financial Steps to Take in the New Year →
This December will be the month that marks the finalization and voting of the new tax bill. This new tax bill will impact both corporate and personal taxes. Changes brought about by the tax law are sure to affect different facets of our financial plans, including how we plan for retirement. Learn more about the … Continue reading Episode 15 – The New Tax Bill – Larry Heller with Michael Kessler, CPA →
When transitioning from working to retirement there needs to be a change in our investment portfolio. This is because during retirement, the investment portfolio becomes a source of income, meaning you will draw money from it. It’s important to have a portfolio setup so you can stay on track during the course of your retirement. … Continue reading Episode 14 – Creating an Investment Portfolio for a Successful Retirement →
While it’s valuable to build wealth, it’s also equally important to keep your money. Taxes are one of the key things that we should account for in doing so. The more you can save on taxes, the more money you can potentially earn. It’s important for your financial advisor to look at all strategies available … Continue reading Episode 13 – Does Your Advisor Do This? Strategies to Optimize After a Tax Return →
Survivor and Divorce benefit options are one of the largest aspects of Social Security that most people do not understand. Those who are eligible for the benefits may miss out on a lot of value, as they are not aware of the benefits and what they are entitled to. Larry shares more on understanding the … Continue reading Episode 12 – The Social Security Conundrum Part 4: Divorcees and Widows / Coordinating Benefits with Other Assets and Income Streams →
Maybe you’re planning to apply for Social Security today, a year from now, or 10 years from now. Will you and your spouse know how to maximize its potential benefits? There’s a lot to know, but Larry spells it all out in his latest podcast. Listen in as Larry explains innovative ways that you can … Continue reading Episode 11 – The Social Security Conundrum – Part 3: Innovative Ways to Coordinate Benefits with Your Spouse →
Many people make mistakes when determining the best time to start taking their social security. Everyone is different, which makes every situation is unique. There isn’t one clear strategy that fits everyone’s needs. In this podcast, Larry shares the primary five factors you need to consider while deciding when to start taking your social security. … Continue reading Episode 10 – The Social Security Conundrum – Part 2: When Should I Apply for Social Security? →
In this podcast, Larry shares insight on the Social Security benefits to help clear up the misunderstandings people commonly have. This four-part series will help you understand the ins and outs of Social Security, including eligibility, when to collect, and what to collect. Learn more about Social Security in this podcast with Larry Heller, as … Continue reading Episode 9 – The Social Security Conundrum – Part 1 →
In this podcast, Larry Heller shares the biggest question people ask when nearing retirement: “How much money can I spend?” Most people don’t even know the amount they spend currently, and in order to determine what they can spend in retirement, they need to know their current expenses. Here are 4 questions that need to … Continue reading Episode 8 – How Much Can I Spend In Retirement? – 4 Questions →
Larry shares more about the concerns clients have when preparing for retirement. Over the years, financial professionals have met with hundreds of clients, and for the most part, they have similar concerns. In fact, there are seven concerns that stand out from the rest, as they are the main points people looking to retire are … Continue reading Episode 7 – The 7 Biggest Concerns Clients Have When Preparing for Retirement →
Larry shares more on the Fourth Pillar of the Complete Financial House – Progress. A financial planner will help you set a strategy and game plan towards your goal, although sometimes it’s hard to stay on track with plans we’ve put in place. Having a planner who is fully dedicated to the plan is recommended. … Continue reading Episode 6 – Fourth Pillar of the Complete Financial House – Progress →
When it comes to retirement, you must put several strategies in place that are quite different compared to when you were working. Here we have planning tactics that can be a benefit to everyone preparing to build a complete financial house. All of these tactics are intertwined. One of the best things you can do … Continue reading Episode 5 – 4 Pillars of Your Complete Financial House – Pillar 3: Tactics →
Larry Heller of Heller Wealth Management introduces the Second Pillar – Strategy of your Complete Financial House. This pillar involves creating a plan and different strategies to accomplish your financial goals! Learn more about the second pillar, “Strategy,” in this podcast: Learn How to Retire Right with Complete Financial Advice at: Heller Wealth Management
“Mindset” is the first of the Four Pillars of Your Complete Financial House. It is a very important pillar, as it is the foundation of your complete financial house. Mindset can be broken down into three categories: Vision, Purpose, and Discipline. Without identifying your vision & purpose, and practicing discipline, it is difficult to truly … Continue reading Episode 3 – 4 Pillars of Your Complete Financial House – Mindset →
The concept of retirement has changed a lot in recent years. Traditionally, it was about retiring at age 65, buying a few things, then enjoying the remaining years of your life. Now people have a chance to live 30 to 35 years into retirement. People can choose early retirement, pursue a different career, start working … Continue reading Episode 2 – 4 Pillars of Your Complete Financial House →
Larry Heller initially wanted to be an accountant in college. He obtained his CPA and started working for a “big 8” accounting firm. After three and a half years, he realized he wanted to do something else. Accounting was more or less helping people after the fact, so he decided he wanted to do something in the … Continue reading Episode 1 – Get to Know Larry Heller, Heller Wealth Mgmt →