Retirement Road Map®: Recent Episodes
Derek Gregoire, Keith Ellis, and Matthew Peck
Welcome to the Retirement Road Map by SHP Financial—a podcast empowering today's retirees and pre-retirees to make well-informed financial decisions that will help you spend more time living and dreaming, than worrying and wondering.
Join SHP Financial Co-Founders Derek Gregoire, Keith Ellis, and Matthew Peck, CFP® CIMA®, as they share actionable financial strategies and insights, as well as interview top thought leaders in the world of finance, accounting, and estate planning.
The SHP trademarked Retirement Road Map® is a holistic planning process that focuses on the 5 key areas of retirement planning: Income planning, investment planning, tax planning, health care planning, and legacy planning.
The Retirement Road Map is your guide to financial freedom and will prepare you for the retirement you’ve always dreamed of and deserve!
Retirement is often viewed as a financial milestone, but many retirees discover that their biggest challenges have little to do with money. Many wish they had retired sooner, spent more confidently, prepared for the emotional transition away from work, or started important planning conversations with their families earlier. The good news is that these lessons don't have to be learned the hard way.
In this episode, Keith Ellis Jr. is joined by Kyle Britton to share insights gathered directly from retired clients who reflected on what they would do differently if they could start retirement over again. Together, they discuss the most common regrets they've heard from retirees, including delaying retirement, underspending despite having enough savings, losing a sense of purpose after leaving work, and overlooking important tax, estate, and legacy-planning opportunities.
They also discuss why retirement planning extends far beyond investments, how a comprehensive retirement plan helps pre-retirees make more confident decisions, the value of gifting assets during your lifetime, and why having meaningful conversations with family can help preserve both wealth and relationships for future generations.
In this podcast interview, you'll learn:
- Why many retirees wish they had stopped working sooner.
- How a comprehensive retirement plan creates confidence to enjoy your money.
- Why purpose and routine are essential after leaving your career.
- How proactive tax planning can preserve more wealth for your family.
- Why gifting during your lifetime may benefit both you and your heirs.
- How healthcare and legacy planning shape long-term retirement success.
- Why open family conversations can prevent future estate conflicts.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Join SHP Financial Co-Founder Matt Peck, CFP®, CIMA®, and Lead Advisor, Laura Russo as they discuss current market trends and their potential impact on your financial future.
Many retirees assume the biggest Social Security decision is simply choosing the right age to claim benefits. But the reality is far more complex. Your Social Security strategy can affect your retirement income, taxes, spouse, survivor benefits, and long-term financial security, making it one of the most important decisions you'll make during retirement.
In this episode, Matthew Peck is joined by SHP's Head Certified Financial Planner, Alina Osokhovska to explain how Social Security really works and why the best claiming strategy depends on your unique financial situation. They discuss the different types of Social Security benefits, the key ages every retiree should understand, and how factors like taxes, market conditions, longevity, and spousal planning influence when claiming benefits makes the most sense.
They also discuss how SHP's Retirement Road Map evaluates multiple claiming strategies, recent changes under the Social Security Fairness Act, how working in retirement can affect benefits, why Social Security remains an important part of a comprehensive retirement plan, and why making an informed decision is far more valuable than making a rushed one.
In this podcast interview, you'll learn:
- Why the best Social Security claiming age depends on your complete financial plan.
- How spousal and survivor benefits can significantly affect retirement income.
- Why taxes should play a major role in your claiming strategy.
- How longevity and market conditions influence when to begin benefits.
- What recent Social Security law changes mean for retirees.
- How working before full retirement age may affect your benefits.
- Why personalized planning leads to better Social Security decisions.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The average person spends most of their life preparing for retirement, only to discover that having enough money is just one piece of the puzzle. Once the paychecks stop and the daily routine disappears, retirees often face a different challenge: finding purpose, fulfillment, and confidence in how they spend their time.
In this episode, Keith Ellis Jr. is joined by Mike Guthrie to explore what a successful retirement success really means by going deeper than portfolios and income planning. They talk about the emotional and lifestyle transitions that come with leaving a career behind, why purpose and structure remain important in retirement, and how retirees can create meaningful experiences with new hobbies, deeper family connections, and charitable work.
They also discuss the role financial planning plays in creating the freedom to pursue the things that matter most, why confidence is essential when transitioning from saving to spending, and how SHP Financial's Retirement Road Map process helps retirees align their finances with their goals, values, and lifestyle.
In this podcast interview, you'll learn:
- Why retirement planning should focus on purpose as well as finances.
- How structure and routine contribute to a more fulfilling retirement.
- Why intellectual engagement and lifelong learning can improve retirement satisfaction.
- How health and fitness impact both quality of life and financial well-being.
- Why strong family relationships and social connections are essential in retirement.
- How confidence helps retirees transition from saving money to spending it.
- Why a holistic retirement plan creates greater freedom and flexibility.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Market volatility can cause even the most disciplined investors to second-guess their decisions. When headlines dominate the news cycle and emotions begin to take over, many retirees risk making short-term financial moves that can negatively impact their long-term retirement goals. Without a comprehensive plan in place, fear and uncertainty can lead investors away from the strategies designed to protect their lifestyle and future financial security.
In this episode, Keith Ellis Jr. is once again joined by one of SHP Financial's Certified Financial Planner, Mark Kenney, to discuss the role behavioral finance plays in retirement planning and why emotions often drive poor financial decisions during uncertain markets. Together, they break down the psychological tendencies that can lead investors to react impulsively, explain why long-term planning matters more than short-term market movements, and share real-world examples of how proper financial planning can help retirees stay confident during periods of volatility.
They also discuss the importance of having different investment "buckets" for safety, income, and growth, how tax planning impacts retirement success, and why open conversations around money and legacy planning can help families better prepare future generations. Mark and Keith explain how having a holistic retirement roadmap can help retirees navigate uncertainty, make smarter financial decisions, and maintain confidence in both their plan and their future.
In this podcast interview, you'll learn:
- Why emotional investing decisions can negatively impact long-term retirement success.
- How behavioral finance influences the way investors react during market volatility.
- Why having separate buckets for safety, income, and growth can reduce financial stress.
- How staying invested during downturns can improve long-term portfolio performance.
- Why tax planning should be part of a comprehensive retirement strategy.
- How conversations around legacy planning can help families prepare future generations.
- Why confidence and clarity are critical components of a successful retirement plan.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
One of the biggest misconceptions investors have about retirement planning is that a healthy portfolio with large balances guarantees retirement success. But without a comprehensive plan that accounts for the income, taxes, investments, healthcare, and legacy goals, retirees can still face unnecessary risks and uncertainty down the road.
In this episode, SHP co-founder Matthew Peck is joined by SHP's Vice President of Advisory Solutions, Nick Nelson, to break down the key differences between having a portfolio and having a complete retirement plan. Nick explains why successful retirement planning goes far beyond investment performance and requires coordination across every area of your financial life.
Together, they discuss how income planning serves as the foundation of retirement, why investment strategies must evolve during the distribution phase, and how factors like taxes, inflation, healthcare costs, and legacy planning can impact long-term financial success. They also explain how proactive planning and working with a trusted advisor can help retirees navigate uncertainty with greater confidence and peace of mind.
In this podcast interview, you'll learn:
- Why a retirement portfolio alone may not provide the confidence needed for long-term financial success.
- How income planning serves as the foundation for every other area of retirement planning.
- Why investment strategies should change when transitioning from accumulation to distribution.
- How inflation, taxes, and RMDs can significantly impact your retirement income over time.
- The role healthcare and long-term care planning play in protecting your retirement assets.
- Why legacy planning goes beyond estate documents and helps define the impact you leave behind.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Without a comprehensive financial plan that accounts for taxes, income strategies, and long-term goals, it's easy to overlook opportunities that could significantly impact your financial future. The reality is that even strong investment returns can be undermined by inefficient planning, leading to unnecessary taxes, missed opportunities, and less control in retirement.
In this episode, Derek Gregoire is joined by Alina Osokhovska, Certified Financial Planner™, to explore the true role of financial planning and why it goes far beyond portfolio management. With deep expertise in tax strategies and long-term planning, Alina shares how thoughtful, proactive planning can help clients align their investments with their goals while navigating an ever-changing financial landscape.
Together, they break down the different types of tax-advantaged accounts, including pre-tax, Roth, and after-tax strategies, and explain how each can play a role in building a more efficient retirement plan.
They also discuss the importance of tax diversification, how accounts like 401(k)s, IRAs, 529 plans, and HSAs fit into a broader strategy, and why ongoing planning is essential to adapt to changes in tax laws and personal circumstances.
In this podcast interview, you'll learn:
- Why financial planning goes far beyond investments and serves as the foundation for reaching your long-term goals.
- How pre-tax, Roth, and after-tax accounts differ and how each impacts your taxes in retirement.
- Why tax diversification is critical to maintaining flexibility and minimizing unnecessary taxes over time.
- How inefficient tax planning can reduce your retirement income just as much as market losses.
- The role of accounts like 401(k)s, 529 plans, and HSAs within a comprehensive financial strategy.
- Why financial planning is an ongoing process that must adapt to changes in tax laws, income, and personal goals.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
For many people, investing money into a 401(k) is the foundation of their retirement. Unfortunately, most investors don't fully understand how these plans work or how to take full advantage of them. From contribution limits to employer matches and tax strategies, small decisions made today can have a significant impact on your long-term financial future. Without a clear understanding, it's easy to miss opportunities and make costly mistakes that could affect your income in retirement.
In this episode, SHP co-founder Matthew Peck is once again joined by SHP's Raphael Hanna to break down the fundamentals of 401(k) planning. With years of experience helping clients navigate retirement strategies, Raphael shares practical insights into how these plans function and how to approach them with a long-term perspective.
Together, they walk through the key components of a 401(k), including how to determine your contribution amount, how employer matching and vesting schedules work, and the differences between pre-tax and Roth contributions. They highlight common pitfalls to avoid and how proactive planning can help you maximize your retirement savings, giving you greater confidence as you approach retirement.
In this podcast interview, you'll learn:
- The importance of fully understanding your 401(k) as it has replaced traditional pensions for many people.
- How to determine the right contribution amount based on your income, expenses, and long-term goals.
- How employer matching and vesting schedules work and why leaving early could mean losing valuable benefits.
- The key differences between pre-tax and Roth 401(k) contributions and how each impacts your taxes over time.
- Why tax diversification across pre-tax, Roth, and after-tax accounts can provide more flexibility in retirement.
- What to consider when rolling over a 401(k) or using in-service distributions to gain more control over your investments.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
SHP Financial Co-Founder, Matt Peck, CFP®, CIMA®, and Lead Advisor, Laura Russo, sit down for their quarterly market update. Matt and Laura will take a look back at Q1, discuss the current state of the markets, where we are headed, and what this means for your future and finances. They'll also address key questions submitted by our clients. Visit shpfinancial.com for more information!
Financial planning is a lifelong process that evolves with each stage of life. Yet many people either start too late or focus on the wrong priorities and miss key opportunities that could significantly impact their long-term financial success. Without a clear roadmap, it's easy to overlook critical strategies that compound over time.
Today, Derek Gregoire is joined by SHP Financial Advisor Chris Willis to walk through the financial priorities everyone should consider at each stage of life. From early investing habits to retirement income strategies, Chris shares practical insights drawn from both his own experience and working with clients across multiple generations.
Together, they discuss several key strategies, including leveraging compound interest early, optimizing tax efficiency in your 40s and 50s, and navigating critical retirement milestones such as Social Security, Medicare, and required minimum distributions. Throughout the conversation, they highlight the importance of proactive planning at every stage, which helps build wealth, reduce stress, and create a more confident path as you approach retirement.
In this podcast interview, you'll learn:
- Why investing early creates a massive long-term advantage and how small monthly contributions can grow into significant wealth over time.
- Why investing in yourself can increase your long-term earning potential.
- The key financial priorities to focus on in each stage of life.
- The importance of life insurance and estate planning to protect your family's future.
- Why tax planning becomes critical in your 40s and 50s and the importance of diversifying your assets from a tax perspective.
- How Social Security timing impacts your overall retirement plan and strategies to reduce taxes on retirement income and distributions
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
With over 20 years of financial planning experience and having helped thousands of retirees and pre-retirees successfully plan for retirement, we've learned which planning mistakes can derail retirement and which strategies help clients retire with confidence and peace of mind.
In this very special episode, SHP Financial's co-founders Derek Gregoire, Keith Ellis Jr., and Matthew Peck reflect on the biggest lessons they've learned after 100 podcasts and all the years of building a successful wealth management firm. From evolving investment strategies to the growing importance of tax planning and behavioral finance, they share insights from both their professional experience in the industry and in conversations with past guests.
They discuss how retirement planning has shifted from focusing solely on income to a comprehensive approach that includes tax efficiency, risk management, healthcare, estate planning, and charitable giving. They also offer practical advice on avoiding mistakes, handling market volatility, and building a retirement plan that ensures financial security and peace of mind.
In this podcast interview, you'll learn:
- How retirement planning has evolved beyond just income strategies.
- Why understanding and managing investment volatility is critical in retirement.
- The importance of tax diversification across pre-tax, Roth, and after-tax accounts.
- Lessons retirees often learn too late about required minimum distributions and taxes.
- How behavioral biases like overconfidence can impact long-term investment success.
- Why comprehensive planning is more powerful than managing investments alone.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Planning for retirement doesn't always stop with your own financial future. For many families, helping children or grandchildren afford a college education has become one of the biggest priorities facing retirees and pre-retirees.
With rising tuition costs, evolving financial aid rules, and widespread misconceptions around 529 plans and FAFSA, families with great intentions can unknowingly make costly mistakes without the right strategy in place.
In this episode, Matthew Peck is joined by SHP Financial Advisor Laura Russo to break down the increasingly complex world of college planning. Laura explains how parents and grandparents can support their family's education goals in ways that remain tax-efficient and how ownership structures, gifting strategies, and early planning decisions can influence outcomes for both students and families.
Together, they share practical strategies such as direct tuition payments, 529 and ABLE accounts, and recent FAFSA rule changes that significantly impact financial aid eligibility. Ultimately, this conversation emphasizes how education planning is done proactively, it can reduce financial stress, preserve family wealth, and create opportunities for future generations without compromising retirement security.
In this podcast interview, you'll learn:
- How grandparents can help fund college in a tax-efficient way.
- Why 529 plan ownership now matters more than ever.
- How recent FAFSA changes impact financial aid eligibility.
- The differences between direct tuition payments and 529 strategies.
- Why student-owned assets can unintentionally reduce aid opportunities.
- How ABLE accounts support education planning for individuals with disabilities.
- Why early financial conversations help families make smarter college decisions.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Planning for the future doesn't stop once your estate documents are signed. As laws change, family dynamics evolve, and asset values grow, outdated estate plans can create unintended consequences.
In this episode, Keith Ellis Jr. is joined by estate planning attorney Keith McManus to discuss current estate planning trends, common misconceptions, and the real risks families face when plans aren't properly reviewed. With over 30 years of experience, Keith McManus explains why estate planning is never a one-and-done decision and why proactive updates matter more than most people realize.
Together, they explore how blended families, beneficiary designations, and state-specific tax laws can dramatically impact outcomes, along with why trusts don't all work the same way. Keith also addresses the growing trend of DIY and AI-generated estate plans and the costly mistakes that often follow.
In this podcast interview, you'll learn:
- The importance of reviewing estate plans every three to four years.
- How blended families create unique estate planning challenges.
- What the Massachusetts estate tax exemption means for retirees.
- How beneficiary designations can override trusts.
- Why long-term care planning should be factored into your estate planning.
- Reasons why DIY and AI-generated estate plans can create serious risks.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Mentally preparing for retirement often generates more questions than answers. From wondering if you've saved enough to figuring out when you can finally stop working, many pre-retirees feel uncertain about what comes next. And then you add concerns around taxes, healthcare, Social Security, and market volatility, and it's easy to feel overwhelmed without a clear plan in place.
In this episode, Keith Ellis Jr. is joined by SHP Financial Advisor Mike Guthrie to tackle the most common questions they've heard from clients over the years. With decades of combined experience, Keith and Mike walk through real-world scenarios and explain why there's rarely a one-size-fits-all answer—but there's always a better, more informed way to make decisions.
They discuss how to determine whether you truly have enough to retire, how income planning provides clarity and confidence, and why understanding where your money comes from—and where it goes—is critical in retirement. You'll also hear how concepts like the 4% rule and income buckets help retirees move from uncertainty to control.
Ultimately, Keith and Mike emphasize the importance of proactive planning—especially around taxes and withdrawal strategies—so retirees can protect their lifestyle, reduce unnecessary risk, and enjoy the years they've worked so hard for.
In this podcast interview, you'll learn:
- How to determine whether you truly have enough money to retire.
- Why income planning is the foundation of a confident retirement.
- When it may—or may not—make sense to retire earlier than expected.
- How to think about cash reserves, income buckets, and long-term growth.
- What to consider when deciding when to claim Social Security.
- Why proactive tax planning can significantly impact retirement success.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
As we kick things off in 2026, it's a natural time to reflect on how quickly time passes and how important it is to have a plan that evolves as life, markets, and priorities change. Volatility, political uncertainty, and shifting tax laws continue to remind investors that retirement isn't just about accumulating money; it's about knowing how to manage it so you can spend it with confidence.
In this episode, SHP Financial co-founders Matthew Peck, Derek Gregoire, and Keith Ellis, Jr. got the band together in the studio to look back on the past year and reflect on how the firm—and the financial planning industry as a whole—has evolved since they first started SHP Financial over two decades ago.
In their conversation they discussed what's changed, what hasn't, and why comprehensive planning matters more today than ever before. Ultimately, this episode reinforces a simple but powerful message: while markets and policies will always change, proactive planning, clear communication, and a strong support team provide the stability retirees need to focus on what truly matters in the years ahead.
In this podcast interview, you'll learn:
- Why having a comprehensive retirement plan matters even more during volatile markets.
- How SHP evolved from a small startup into a fully integrated planning firm.
- The five key areas every successful retirement plan needs to address.
- Why market downturns are easier to manage when you have a clear plan in place.
- How tax planning, estate planning, and investment strategy work best when aligned.
- Why specialization and client service are critical as retirement needs become more complex.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
SHP Financial Co-Founder, Matt Peck, CFP®, CIMA®, and Lead Advisor, Laura Russo, sit down for their quarterly market update. Matt and Laura will take a look back at 2025, discuss the current state of the markets, where we are headed, and what this means for your future and finances. Visit shpfinancial.com for more information!
It's a new year, and financial uncertainty continues to be a pressing topic for investors. Questions around interest rates, inflation, tariffs, artificial intelligence, and global market stability continue to dominate headlines, leaving many retirees and pre-retirees wondering how to position their portfolios for what comes next.
That's why we're incredibly grateful to have Michael Arone on the podcast today. Mike is the Managing Director and Chief Investment Strategist at State Street Investment Management and has over three decades of experience navigating market cycles. From other down periods like the dot-com bubble, the global financial crisis, and the pandemic, Mike brings a historically grounded perspective to today's environment.
In our conversation, Mike shares how State Street is thinking about the economic outlook for 2026, including the Federal Reserve's policy direction, the likelihood of recession, and why he describes the current market setup as "uncomfortably bullish." He explains why inflation may remain sticky but manageable, how tariffs have potentially been misunderstood, and what investors should realistically expect from equities after several strong years.
You'll also hear why Mike believes that portfolio diversification matters more than ever, how tangible assets like commodities and precious metals can help improve portfolio resilience, and why time horizon remains one of the most powerful drivers of long-term investment success.
In this podcast interview, you'll learn:
- Why State Street expects continued economic growth and no near-term recession in 2026.
- How Federal Reserve policy, inflation trends, and labor dynamics are shaping the market outlook.
- Why fears around tariffs and inflation may be overstated.
- The role real assets and alternatives can play in boosting portfolio resilience.
- How lessons from past market crises help investors navigate future uncertainty.
- Why long-term discipline matters more than short-term market predictions.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
For many investors, 2025 has raised difficult questions about safety, inflation, global instability, and how to protect wealth in an increasingly unpredictable environment. With gold posting some of its strongest performance in decades, many are wondering whether it belongs in their portfolios.
So today, SHP Financial's Matthew Peck is joined by Senior Portfolio Analyst David Hathaway to break down the factors behind gold's surge. From geopolitical tensions to inflation concerns, David explains why gold has historically served as a store of value, how it behaves in crisis periods, and why it often shines when uncertainty is at its highest.
In this conversation, you'll also learn how investors can actually access gold, whether through ETFs, physical metals, or alternative allocations; what percentage ranges may make sense inside a diversified portfolio; and how SHP evaluates when to introduce or increase exposure.
Matthew and David also compare gold with assets like Bitcoin and discuss its role in alternative investments. They outline why a disciplined, research-based approach—not a fearful approach—is essential when evaluating gold's place in long-term planning.
In this podcast interview, you'll learn:
- The forces driving gold's surge in 2025, including geopolitical tension and central bank buying.
- How inflation pressures, weakening currencies, and rate cuts often boost demand for gold.
- The most common ways to invest in gold and why ETFs are typically the most efficient.
- Typical allocation ranges for gold and how it fits within an alternatives bucket.
- How gold differs from Bitcoin in correlation and diversification benefits.
- Why SHP uses a careful, research-based process before adding or increasing gold exposure.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
For many young adults and new parents, getting their savings or investment plans started can feel intimidating. Despite all the information available online, most don't realize that setting aside small amounts early—$25 a week or $100 a month—can grow into a lifetime of financial security through the power of compound interest.
In today's episode, SHP's VP of Advisory Solutions, Nick Nelson, is back to explain why building strong saving habits early makes a huge difference later in life. He details simple steps for young savers, how low-cost index funds help, and why consistency beats market timing for long-term success.
In this conversation, you'll also learn the best vehicles for helping children build long-term wealth—from 529 plans and UTMAs to custodial Roth IRAs—and how families can begin meaningful, healthy conversations around money. They also discussed other important topics, such as when a young investor may need an advisor, how to create financial goals effectively, and why a simple, consistent plan can make early savers dramatically more successful over a lifetime.
In this podcast interview, you'll learn:
- Why starting your savings plans early—even with small amounts—creates extraordinary long-term advantages.
- How compound interest can turn $100 or $250 per month into millions over a lifetime.
- The best accounts for young savers, including 401(k)s, Roth IRAs, brokerage accounts.
- How parents and grandparents can use 529 plans, UTMAs, and custodial Roth IRAs to help with their children's education costs.
- Why timing the market is a losing game and what young investors should do instead.
- How to keep investing simple by using low-cost index funds and long-term discipline.
- When a young investor may need a financial advisor and when they might not.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
For many investors approaching or navigating retirement, the world of private markets can feel intimidating. Over the past 30 years, the number of public companies in the capital markets has declined by 30% while private markets have grown at the same rate. This means failing to understand the rapidly growing asset class of private markets and alternatives could mean missing opportunities for diversification, income, and potential returns in retirement.
In this episode, we're welcoming Jon Diorio, Head of Alternatives for BlackRock's U.S. wealth management business. Jon shares valuable insights into the massive shift in capital markets and explains why private equity, private credit, and other alternative investments are becoming increasingly relevant for everyday investors—not just institutions.
In this conversation, Jon breaks down the trends driving private market growth, the different types of alternative investments investors should have on their radar, how new product structures have improved accessibility, and what today's retirees should know before considering alternatives and private markets in their portfolios.
In this podcast interview, you'll learn:
- Why private companies now outnumber public companies and what that means for diversification.
- How private credit has surged as banks retreat from lending.
- The benefits and tradeoffs of new "evergreen" and semi-liquid fund structures.
- Why due diligence, liquidity awareness, and manager selection matter in alternatives.
- How BlackRock's HDMA framework (Hedge, Diversify, Modify, Amplify) helps identify the right type of alternative investment for your goals.
- What investors should know before adding private equity or private credit to their retirement plan.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
For many families, estate planning creates a feeling of anxiety, which is a big reason why they put it off for another day. From probate costs to nursing home spend-downs, failing to plan can leave loved ones vulnerable to unnecessary taxes, legal fees, and stress.
In this episode, SHP's Laura Russo is joined by returning guest Attorney David Chaves to share actionable tips and strategies for reducing estate taxes. Dave discusses how his real-life experiences shaped his commitment to helping families secure their financial futures and preserve what they've worked for.
Together, they unpack the differences between revocable and irrevocable trusts, how often an estate plan should be updated, and effective ways to reduce your estate's value through gifting and education savings.
Whether you're protecting a family home or simply hoping to pass more to your loved ones, this episode will give you the clarity to take action now—before it's too late.
In this podcast interview, you'll learn:
- Why wills often guarantee probate and how trusts can help your family avoid it.
- The key differences between revocable and irrevocable trusts.
- How the Massachusetts estate tax exemption has changed and what it means going forward.
- The benefits of A-B trusts and how they preserve more of your wealth.
- How Charitable Remainder Trusts and gifting strategies can reduce taxes while building your legacy.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
For most of your life, retirement planning has likely centered around saving and building wealth. But what happens when the paychecks stop and it's time to start replacing your income withdrawing from your retirement savings and investments?
In this episode, SHP Financial Co-Founder Derek Gregoire is joined by Kyle Britton, Lead Advisor at SHP Financial. Together, they explore what it truly means to go beyond the Xs and Os of investing and step into retirement with purpose, clarity, and confidence.
You'll hear Derek and Kyle talk about how the biggest retirement challenges are often psychological, not financial. They discuss why so many retirees struggle to give themselves permission to spend what they've earned, and how purpose and identity—two things often tied to careers—must be redefined as we enter this next phase of life.
Drawing from real client stories and recent research, Kyle highlights what truly drives happiness in retirement and how to create a plan that supports both your finances and your fulfillment.
In this podcast interview, you'll learn:
- Why retirement planning goes far beyond investments and tax strategies.
- The biggest psychological hurdle retirees face: giving themselves permission to spend.
- How to shift your mindset from "Do I have enough?" to "What's possible?" in retirement.
- The four key ingredients of a fulfilling retirement, according to a recent MassMutual study.
- How to redefine your purpose and legacy in the next chapter of your life.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The housing market has undergone significant changes in recent years, leaving many homeowners and prospective buyers feeling uncertain about its future direction. Interest rates have risen from historic lows, making affordability a pressing issue, and discussions about the possible privatization of Fannie Mae and Freddie Mac are sparking new concerns about the future of housing and mortgages in America.
In this episode, we welcome back Nathan Hartseil of Main Street Home Loans. Nate explains the complex role of Fannie Mae and Freddie Mac in the housing market, including how they provide liquidity and stability, why they have remained under government conservatorship since 2008, and what could happen if they were to transition to private control.
From the potential impact on interest rates and borrowing standards to how privatization could shape opportunities for first-time buyers, investors, and empty nesters, Nate shares his thoughts and insights into how this shift could affect anyone who may need mortgage financing in the near future.
Whether you’re considering buying your first home, refinancing, or making a change in retirement, this conversation sheds light on a pivotal topic that could redefine the housing landscape for years to come.
In this podcast interview, you’ll learn:
- Why Fannie Mae and Freddie Mac were placed under government conservatorship in 2008 and their role in stabilizing the housing market.
- How privatization could impact mortgage rates for both borrowers with healthy and unhealthy credit scores.
- The effect of higher interest rates on affordability, refinancing, and downsizing decisions.
- What the return and popularity of non-qualified mortgages means for today’s lending environment.
- The innovation and challenges that competition from private investors could bring to the mortgage industry.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Losing a spouse is one of life’s most painful experiences, and in the midst of grief, surviving partners are often faced with overwhelming financial decisions. From settling estates to adjusting to changes in income, the process can feel like an impossible burden to carry alone. Without a plan in place, surviving spouses may find themselves vulnerable to financial missteps at a time when clarity is hardest to find.
In this episode, SHP Financial’s Derek Gregoire is joined by Planning Advisor Alina Osokhovska, CFP® to explore the critical importance of financial planning for widows. With years of experience guiding families through difficult transitions, Alina explains how proper planning can bring stability, reduce stress, and provide widows with the confidence to focus on healing rather than paperwork.
In this conversation, Derek and Alina unpack the key financial considerations after the loss of a spouse, from estate settlement and tax bracket changes to Social Security benefits and cash flow adjustments. They also discuss proactive strategies for couples to ensure that if the unthinkable happens, surviving spouses are not left unprotected.
Whether you are preparing for the future or currently walking through loss, this episode offers compassionate guidance and practical steps to ease the burden during one of life’s most difficult transitions.
In this podcast interview, you’ll learn:
- Why women are statistically more likely to become widows and the financial challenges that come with it.
- The critical first steps when settling an estate after the loss of a spouse.
- How income and cash flow change when pensions, Social Security, or other benefits are reduced or lost.
- The hidden tax consequences widows often face and how proactive planning can help mitigate them.
- Advanced planning strategies for couples, including estate exemptions, step-up in basis, and inherited IRA considerations.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Death is one of life’s certainties, yet it remains one of the hardest subjects to talk about. Many families avoid end-of-life conversations out of fear, discomfort, or superstition. Unfortunately, this avoidance can lead to increased stress, resentment, and regret when the time comes to make critical decisions. So how do we make the process smoother, less overwhelming, and more meaningful?
In this episode, Matthew Peck is joined by Aimee Yawnick, a practicing death doula and founder of Leaving in Love. Drawing from her personal journey, Aimee shares what it means to “hold space” at the end-of-life, how to navigate powerful emotions such as grief, guilt, and even relief, and why these conversations are the greatest gift we can give to loved ones.
We also discussed Aimee’s six-week course, What Matters Most, which guides participants through a process of envisioning their final 90 days. From legacy letters and videos to healing old relationships, Aimee explains how facing mortality can change the way we live — and not just how we prepare to die.
Whether you’re in retirement, caring for an aging loved one, or looking for ways to get started with end-of-life planning, this conversation has a ton of valuable insights that will help you and others navigate this challenging aspect of life and death.
In this podcast interview, you’ll learn:
- What a death doula is and the value they add for families.
- Why avoiding conversations about death often creates a bigger burden for loved ones.
- How “holding space” provides comfort and calm during life’s most difficult moments.
- The importance of legacy planning through letters, videos, and rituals.
- How the What Matters Most course helps people align values with end-of-life decisions.
- Why planning early and before a crisis leads to greater peace of mind.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Graduation marks an exciting new chapter for young professionals, but for those eyeing a career in financial planning, the path forward can feel uncertain. What are the skills that investment firms are looking for? Which licenses and designations matter most? And how do you land that first opportunity in a highly competitive field?
Today, Matthew Peck welcomes back returning guest Raphael Hanna to share his journey from Stonehill College to SHP Financial. Drawing from his own early experiences, Raphael reveals how internships, networking, and a willingness to adapt shaped his career path. He also explains the difference between independent advisory firms and other industry models, why relationship-building is as important as technical skills, and how to decide where you want to specialize.
In this conversation, you’ll learn the difference between independent advisory firms and other industry models, why relationship-building is as important as technical skills, and how to decide where you want to specialize.
Whether you’re a recent grad, a career changer, or simply curious about what it takes to thrive in financial planning, this episode provides a blueprint to start off on the right track and build a career that lasts.
In this podcast interview, you’ll learn:
- Why networking can make or break your early career.
- The important licenses every new advisor should consider obtaining.
- How to choose the right firm for your career goals.
- The pros and cons of independent vs. traditional advisory models.
- How professional designations like the CFP® can set you apart.
- The best ways to explore career paths within financial services.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Many retirees want to give back—but aren’t sure how to do it in a way that’s financially savvy and tax-efficient. If you’ve ever wondered how to streamline your charitable giving, take advantage of smart tax strategies, or leave a lasting legacy without the administrative burden, we have the perfect guest to help with those important decisions.
Today, Matthew Peck is joined by Kyle Casserino, VP of Charitable Planning at Fidelity Investments. With years of experience in philanthropic financial strategies, Kyle walks us through the fast-growing world of Donor-Advised Funds (DAFs) and how they can help individuals make a greater impact while minimizing taxes. From understanding the history and purpose of DAFs to exploring real-life scenarios where they make the most sense, Kyle explains why this tool is increasingly popular among charitably inclined investors.
In this conversation, you’ll learn how Donor-Advised Funds compare to private foundations, how to give appreciated assets like stocks instead of cash, and why these accounts are especially valuable for high-income earners, business owners, and those with large tax events. Whether you’re already giving or planning to give in the future, you’ll walk away with actionable strategies to make your charitable dollars go further.
In this podcast interview, you’ll learn:
- Why Donor-Advised Funds are a flexible, low-maintenance alternative to private foundations.
- How giving appreciated stock can help you avoid capital gains taxes.
- The advantages of funding a DAF in high-income years to "pre-pay" future giving.
- Why Donor-Advised Funds can help simplify record-keeping and tax filing.
- How DAFs support legacy planning, including multi-generational giving.
- The biggest differentiators of foundations versus Donor-Advised Funds
- Why timing, tax brackets, and estate size matter when planning charitable gifts.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The "One Big Beautiful Bill Act" has just become law, bringing sweeping tax changes that will directly impact retirees and pre-retirees. From changes to itemized deductions and charitable giving to updates on Social Security taxation and estate planning, the impact is far-reaching.
Today, Matthew Peck is joined by one of SHP Financial’s Certified Financial Planners™, Alina Osokhovska. As one of SHP’s top planning advisors, Alina brings a wealth of knowledge and expertise to the complexities of this new legislation. They’ll unpack how the bill alters standard deductions, reinstates the importance of itemizing, and introduces income-sensitive thresholds that could significantly affect your tax strategy.
In this conversation, you’ll walk away with a clearer understanding of what’s changing now and what’s coming in the years ahead. Whether it’s properly timing your Roth conversions, navigating the new SALT caps, or optimizing charitable contributions, this episode will help inform your decisions to maximize tax efficiency in retirement.
In this podcast interview, you’ll learn:
- Why itemized deductions are back on the table and how to know if they benefit you.
- How changes to the SALT deduction cap can impact high-income households.
- What the new rules mean for Social Security taxation.
- Why retirees over 65 may benefit from an additional tax deduction and how to qualify.
- How charitable giving rules are shifting, both for itemized and standard filers.
- Financial planning opportunities that exist today before parts of the bill phase out in 2029.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Co-Founder, Matt Peck, CFP®, CIMA®, and Investment Analyst, Zach Perkins CFA®, team up to deliver the market update for Q2.
Matt and Zach discuss what's currently going on in the markets — where we've been, where we're headed, and how tariffs and the “Big Beautiful Bill” may impact the economy. They'll also address key questions submitted by our clients.
During times of uncertainty, our priority is to keep you informed and help ensure you feel supported every step of the way. If you have any questions or concerns, please don’t hesitate to reach out to your advisor. We're always here to help.
Most retirees are surprised to learn just how differently their income is taxed once they stop working. From Social Security to pensions, IRAs, dividends, and even rental income, retirement brings a complex new tax landscape that can catch even the most financially savvy off guard. This episode is here to help you stay ahead of the curve.
Joining SHP Financial's Matthew Peck is returning guest and financial advisor Mike Guthrie. With over 25 years in the industry, Mike breaks down the different sources of retirement income and how each is taxed—from qualified accounts, such as 401(k)s and IRAs, to brokerage accounts, Roth IRAs, and beyond. He highlights the common pitfalls people often fall into and why proactive planning is essential to avoid unpleasant tax surprises.
By the end of this conversation, you’ll have a clearer understanding of how tax buckets work, which withholding tax strategies make sense, and how tax laws can impact everything from Social Security to capital gains. Whether you're planning for retirement or already there, this conversation will help you navigate retirement income with more confidence, control and peace of mind.
In this podcast interview, you’ll learn:
- Why not all retirement income is taxed the same—and how to plan accordingly.
- How interest, dividends, capital gains, and Roth withdrawals differ in tax treatment.
- What you can (and can’t) withhold taxes from in retirement.
- The importance of proactive tax planning in avoiding April surprises.
- How strategies like Roth conversions, gifting, and timing Social Security can reduce your tax burden.
- Why personalized advice is critical because no two retirees face the same tax situations.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Perhaps you’ve heard of Separately Managed Accounts (SMAs) but aren’t quite sure how they work or if they’re only suitable for high-net-worth investors. In this episode, we’ll break down the truth behind SMAs and why more investors are turning to them as a way to gain control, improve tax efficiency, and tailor their portfolios to their unique financial goals.
In today’s podcast, SHP Financial’s Matthew Peck is joined by Cam Iarrobino, Investment Analyst to explain how SMAs differ from traditional mutual funds and ETFs, and why they’ve gained traction in today’s complex market environment. They’ll walk you through the key benefits of SMAs—including transparency, customization, and after-tax yield—and how they can be used to align investment strategies with a client’s overall retirement plan.
In this conversation, you’ll learn the key benefits of SMAs—including customization and after-tax yield—and how they can be used to align investment strategies with a client’s overall retirement plan. You’ll also learn the importance of rebalancing, direct indexing your investments, and how to know when SMAs are (or aren’t) the right fit for you.
In this podcast interview, you’ll learn:
- How SMAs offer greater customization and control compared to mutual funds and ETFs.
- The increased flexibility and efficiency of direct indexing and tax-loss harvesting with SMAs.
- The advantages of incorporating municipal bonds with SMAs and why their favored by SHP Financial.
- The value of tax efficiencies and after-tax yield benefits of SMAs, especially for high-net-worth investors.
- The difference between SMAs, ETFs and mutual funds with minimums, fees and flexibility.
- How SHP Financial evaluates how to implement SMAs into their client portfolios.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The most recent changes to Social Security have left many Americans with questions—and for good reason. A landmark bipartisan bill has repealed the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), placing more money into the pockets of retirees across the country. But what do these changes really mean for retirees?
In this episode, SHP Financial’s co-founder Matthew Peck is joined by Chase Reardon to unpack the impact of these legislative changes. Chase has helped hundreds of clients navigate the complexities of Social Security—and today, he’s breaking down the WEP and GPO repeal, who it affects, and what actions (if any) need to be taken.
In this conversation, you’ll learn how repealing the WEP and GPO affects both individual and spousal benefits, who may now be eligible for payments when they were previously denied, and what to do if you suspect you’re impacted. They’ll also touch on the broader retirement income strategy, including the pros and cons of working past retirement age, and how Social Security fits into your withdrawal plan.
In this podcast interview, you’ll learn:
- What the WEP and GPO provisions were and why they were repealed in 2025.
- Who benefits from the repeal and how payments are being issued.
- What actions spouses may need to take to receive additional benefits.
- Why the timing of your Social Security claim can significantly impact your income.
- How to use breakeven analysis to make a confident, data-backed filing decision.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
In times like these, when there's market volatility and financial insecurity, it's more important than ever to have a financial plan to know that you can weather the storm and wild swings in the markets. It's the difference between having a plan vs just having a portfolio.
In today's episode, Derek Gregoire is joined by SHP Financial's Lead Advisor, Kyle Britton, to discuss how they're helping their clients navigate the emotions of investing during bear markets. While many people would assume that the phones are ringing off the hook with clients filled with panic, you'll hear why that might be the exception rather than the rule because of the methods SHP Financial uses to build comprehensive financial plans that help their clients prepare for these very moments.
In this conversation, they discussed how SHP helps clients determine their risk score and how they stress test portfolios to demonstrate the outcomes of down years. They'll explain what sequence of returns risk means and how important it is for investors to understand it as they approach retirement. They'll also discuss how bear markets create opportunities for those who have time on their side to weather the storm and take full advantage when the recovery happens.
In this podcast interview, you’ll learn:
- What sequence of returns risk is and how SHP helps to calculate risk in your portfolio
- The benefits of using tools like Riskalyze to analyze the risk in your portfolio.
- How the news and media can make market volatility feel worse than it is by leaning on the chaos and negativity.
- The three bucket strategy that SHP uses to protect your annual income and long-term growth investments.
- How quickly market recoveries happen and the opportunities that bear markets can create.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Many people nearing retirement focus on their portfolios but neglect one of the most important components of a fulfilling life—genuine human connection. Especially in today’s world, where negativity dominates the headlines and technology often replaces personal interactions, gratitude can help us build more meaningful relationships and improve our well-being.
In this episode, SHP Financial’s Derek Gregoire and Matthew Peck welcome keynote speaker, author, and professional gift giver John Israel—also known as Mr. Thank You. After launching a social experiment in which he hand-wrote five thank-you cards a day for a year, John uncovered profound insights into how deeper human connections are all about feeling seen, safe, and supported. His Mr. Thank You Project has since inspired thousands of people and companies to create cultures of gratitude and authenticity.
In our conversation, you’ll hear the science behind why it’s easy to focus on the negative, how vulnerability leads to stronger relationships, and how you can use gratitude—even in tough times—to unlock personal and business growth and foster deeper connections. John offers a refreshing perspective on the little things that can make a huge impact.
In this podcast interview, you’ll learn:
- Why gratitude is a learned skill—and how to practice it daily
- How handwritten thank-you notes transformed John’s personal and professional life
- The hierarchy of human connection and cornerstones of deeper relationships
- How to find meaning and purpose—even in life’s most painful experiences
- The ways SHP builds authentic, long-lasting client relationships through service and care
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When it comes to high-net-worth retirement planning, having a robust investment portfolio is only part of the equation. Without a comprehensive strategy for generating income, minimizing taxes, and protecting against volatility, you could leave your financial future and legacy exposed to unnecessary risks.
In this episode, SHP Financial’s co-founder Derek Gregoire sits down with Planning Solutions Advisor Alina Osokhovska to explore what it really means to have a complete retirement plan—not just a portfolio. Alina shares insights on cash flow management, tax diversification, and proactive planning techniques that can add significant long-term value to your financial outlook.
In this conversation, you’ll learn how a strategic mix of pre-tax, after-tax, and tax-free accounts can reduce your lifetime tax burden, how Roth conversions can help your portfolio recover in down markets, and how estate planning documents and gifting strategies can help preserve your legacy.
In this podcast interview, you’ll learn:
- Why a strong portfolio isn’t enough—and what makes a full financial plan.
- How cash flow and tax planning work together to protect your retirement income.
- Factors to consider when pulling from taxable, pre-tax, or Roth accounts.
- How Roth conversions during market downturns can unlock long-term value.
- Why annual plan reviews and updated estate documents are essential to safeguard your legacy.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Estate planning is arguably the most important of the five areas of financial planning. When protecting your legacy, having a comprehensive financial plan is only half the battle. Without the proper legal documents—wills, trusts, powers of attorney—you risk leaving behind confusion, the lengthy probate court process, and unintended tax burdens for your loved ones.
Today’s episode features “Two Matts” as SHP Financial co-founder Matthew Peck welcomes Matthew Karr back to the podcast. Matt Karr is the founder and principal attorney of the Heritage Law Center in Woburn, Massachusetts, who’s been a tremendous resource and ally for us and our clients for many years. With more than 15 years of experience in estate planning and elder law, Matt Karr has helped countless families ensure their wishes are fulfilled and their wealth and legacy are protected.
You’ll hear Matt Karr break down the differences between wills and trusts, the benefits of using irrevocable trusts for asset protection, and actionable tips to help your beneficiaries avoid probate court when planning your estate. You’ll also learn valuable insights for safely and securely storing your estate documents and why working with an attorney will help your loved ones settle your affairs the way you intended.
In this podcast interview, you’ll learn:
- The key differences between wills and revocable vs. irrevocable trusts—and when each is appropriate.
- How irrevocable trusts can help protect your assets from lawsuits, creditors, and nursing home costs.
- Why the 30 day waiting period is necessary prior to starting the estate process.
- How unsecured debts that credit card bills and some medical bills are treated in an estate without sufficient assets.
- The importance of retaining original copies of estate documents and tips for storing them in a secure but accessible way.
- Why reviewing and updating your estate plan regularly is essential as laws, assets, and life circumstances evolve.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
In this quarter's episode of “Matt’s Markets on the Move,” hosts Laura Russo and Matthew Peck discuss various critical aspects of the financial markets, including the impact of recent tariffs, the importance of diversification, and the overall state of the economy.
Artificial Intelligence (AI) is no longer a futuristic concept—it’s here, and its transforming industries, investments, and daily life. Despite the advantages in processing and productivity, many still have concerns about using AI in their everyday lives at home and in business. This begs the question: Should AI be something we fear, or is it just new technology that we should embrace?
Here to help answer those questions is Jay Jacobs. Jay is BlackRock’s Head of Thematic and Active ETFs, where he oversees the overall product strategy, thought leadership, and client engagement for the firm’s thematic and active ETF businesses. We’re thrilled to tap into his expertise to break down the evolution of AI and LLMs (Large Language Models), how it’s impacting the investment landscape, and what the future looks like in the AI and digital world.
In our conversation, we discussed the rapid development of artificial intelligence and its potential to revolutionize sectors like finance, healthcare, and even customer service. You’ll also hear Jay describe how AI has evolved into a race toward Artificial General Intelligence (AGI), its ability to increase our productivity on a personal level, and whether the fears surrounding AI’s risks are warranted.
In this podcast interview, you’ll learn:
- How AI has evolved from Clippy in Microsoft Word to ChatGPT and other LLMs.
- Why research and investing in AI is accelerating and what’s fueling its rapid growth.
- Why access to data, computing power, and infrastructure are the new competitive advantages in the AI arms race.
- How businesses are leveraging AI to boost efficiency and customer service.
- The race to AGI (Artificial General Intelligence)—what it means and how close we really are.
- How synthetic data and virtual environments are shaping the next frontier of AI development
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Losing a spouse is one of life’s most challenging experiences—both emotionally and financially. When it happens, the surviving partner is left to navigate complex decisions while grieving at the same time. And without the right preparation, it can feel overwhelming.
Today, Keith Ellis is joined by SHP’s Laura Russo, a lead advisor at SHP Financial with years of estate and trust administration experience, to discuss the critical steps every couple should take to prepare for the inevitable. From ensuring both spouses are educated on financial matters to structuring an estate plan that avoids unnecessary stress, Keith and Laura provide invaluable insights that can help make a difficult transition manageable and reduce stress.
In this conversation, you’ll also hear some of the most common estate planning mistakes, the role of financial advisors and attorneys in estate settlements, and the importance of creating a plan and reviewing it periodically.
In this podcast interview, you’ll learn:
- Understand why both spouses should be familiar with accounts, passwords, and investments.
- Why estate planning is an ongoing process that requires periodic reviews.
- Trusts and wills need to be funded to avoid unnecessary taxes, probate, and legal hurdles.
- How a trusted support system, including financial advisors and attorneys, is essential for a smooth transition.
- Why life insurance policies should be reviewed periodically to ensure they still meet financial goals.
- How most families don’t realize that some estate attorneys draft documents but don’t handle settlements.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When it comes to retirement planning, many people focus on investments, income strategies, and estate planning—but tax planning is one of the biggest factors that can impact your financial future. Without a proactive approach, taxes can take a bigger bite out of your retirement savings than you might expect.
In this episode, Derek Gregoire and Matthew Peck are joined by Peter Roache, a tax expert and longtime partner of SHP Financial. Peter shares important insights on how taxes affect retirement planning, the impact of Required Minimum Distributions (RMDs), and how smart tax strategies—like Roth conversions and tax-loss harvesting—can help you keep more of your hard-earned wealth.
We’ll also discuss how tax laws are evolving, why planning around IRMAA is key, and how to minimize taxes for your heirs when passing down assets. If you’re nearing retirement or already retired, this episode is packed with practical strategies to help you optimize your tax situation.
In this podcast interview, you’ll learn:
- Why tax planning is one of the most overlooked aspects of retirement.
- How RMDs can push retirees into higher tax brackets.
- Why Roth conversions can be a powerful tool to reduce long-term tax burdens.
- How IRMAA can increase your Medicare premiums and what you can do to avoid it.
- How inherited IRAs are taxed and why proper planning is essential for your beneficiaries.
- The benefits of tax-loss harvesting and how to use it to offset capital gains.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Estate planning isn’t just about protecting your wealth and passing it on to your beneficiaries—it’s about ensuring a seamless transition for your loved ones while minimizing taxes and legal complications. With tax laws constantly evolving and real estate values climbing, many families could face significant estate tax liabilities. And yet, most people often save their estate planning needs for another day.
In this episode, Derek Gregoire and Keith Ellis, Jr. are joined by Keith McManus, a seasoned estate planning attorney with nearly 30 years of experience helping families protect their assets. As the founder of McManus Estate Planning, Keith specializes in trusts, tax-efficient strategies, and probate avoidance. His firm has been a trusted resource for families and business owners looking to optimize their estate plans, and he has been a great partner for us for many years.
In our conversation, we’ll break down the most common estate planning mistakes, why Massachusetts residents need to be aware of the $2M estate tax threshold, and how to avoid probate headaches. You’ll also learn how small adjustments—like updating trusts, reviewing beneficiaries, and structuring assets properly can have a massive financial impact on your legacy.
In this podcast interview, you’ll learn:
- Why the Massachusetts’ estate tax could kick in sooner than you think.
- Estate plans are only effective if they’re up-to-date with current information.
- How poor planning can lead to probate, delays, and extra costs.
- How married couples can double exemptions with proper planning.
- Why real estate values may eventually push estates into taxable territory.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Bitcoin and digital assets are among the most debated, complex, and controversial asset classes on the market today. Despite being a polarizing topic, nobody can deny their growing importance in global finance and even in Trump's administration in the White House.
That's why we're thrilled to have Ryan Lessard, a Digital Asset Strategist from Fidelity, on the podcast today. Ryan shares his expertise in this emerging asset class to unpack Bitcoin's unique characteristics, including its capped supply of 21 million coins, the blockchain technology behind it, and how it compares to traditional assets like gold.
In our conversation, we discussed why Bitcoin has primarily appealed to younger investors and is particularly relevant in countries with economic instability and hyperinflation. We also explored Bitcoin's potential to diversify portfolios while addressing the challenges, the rapid pace of technological advancements, and the importance of staying curious and continually learning about this evolving space.
Disclaimer: The information included in this material is for informational purposes only. SHP will not be held responsible for any detrimental reliance you place on this information. It is agreed that use of this information shall be on an "as is" basis and entirely at your own risk.
In this podcast interview, you’ll learn:
- How Bitcoin combines decentralization and blockchain technology.
- How a capped supply ensures Bitcoin’s scarcity and ultimately, its value.
- Why younger investors are more likely to invest in digital assets.
- How Bitcoin offers stability in volatile economies.
- Crypto investing requires knowledge and caution and regulation is key for trust and growth.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
It’s a new year, and what better way to kick things off in 2025 than by revisiting your financial plan or creating your first one. We’ve seen huge fluctuations in inflation, interest rates, and market swings in recent years, and having a plan is the best way to be prepared for when things change.
Most people spend their working years grinding, saving, and looking forward to their retirement date. But when the moment actually arrives, many of them wind up feeling unprepared for what they’ll do with all the extra time and financial freedom.
In this episode, SHP Financial’s Matthew Peck and Keith Ellis Jr. dive into the one resolution every retiree (or pre-retiree) needs to make this year: Start asking yourself questions now and paint a picture of your dream retirement. The SHP team is here to help answer those questions and give you the “why” behind our recommendations so you have confidence and know what’s possible in retirement.
In this podcast interview, you’ll learn:
- Why so many retirees struggle with "What’s next?" once they stop working.
- The biggest mistakes people make when transitioning from a paycheck to financial independence.
- How to create a flexible retirement plan that lets you enjoy your money instead of worrying if it’s enough.
- The most overlooked financial factors that determines whether you’re truly free in retirement
- How comprehensive financial planning allows you to dream bigger with confidence.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Join SHP Co-founder Matthew C. Peck, CFP® CIMA® and Lead Advisor Laura Russo as they speak about what's happening in the markets in 2025!
Healthcare costs are one of the biggest financial challenges for retirees and pre-retirees. Many people work until they’re 65 just to transition into retirement with Medicare. And with healthcare costs so expensive, it’s easy to understand why. But what if your financial plan had those costs built into it so you could retire early?
To explore this complex topic, we’re thrilled to have Scott Hokanson, Founder and President of Brabo Benefits, back on the podcast. We’ve worked with Scott for over 20 years and are grateful to share his expertise, insights, and strategies for helping retirees manage healthcare costs before and after age 65.
In our conversation, we discuss the benefits of Medicare Advantage and Supplement Plans, how to navigate the tough decisions surrounding bridging employer plans and Medicare plans, and why healthcare planning is such a critical component of a comprehensive financial plan.
In this podcast interview, you’ll learn:
- The shocking truth about Medicare costs and how to avoid surprises.
- Strategies for bridging your healthcare coverage before turning 65.
- Scott’s advice on purchasing dental and vision coverage with your insurance.
- Why Roth conversions can impact Medicare premiums—and when they make sense.
- The differences and benefits of Medicare Advantage vs. Supplement plans.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
In recent years, there has been plenty of talk about the burden of paying for a college education, and student loan forgiveness has been a hot topic. If it’s in the news, then weighing on the minds of our clients.
That’s why we’re so grateful to have Mark Kenney, CERTIFIED FINANCIAL PLANNER and CERTIFIED TAX SPECIALIST here at SHP Financial. With college tuition soaring, preparing for your children’s or grandchildren’s education is more important than ever.
In our conversation, you’ll learn some shocking truths about how much student loan debt is being carried in the US, which assets are included in FAFSA’s (Federal Application for Student Aid) calculations, and which aren’t, and 529 accounts are a great way to save for college education.
In this podcast interview, you’ll learn:
- Why most of the $1.75 trillion in student loan debt is being carried by people over 60 years of age.
- How to differentiate between the assets that are included and excluded in FAFSA applications.
- Some of the myths about 529 accounts and why they’re an important part of a college education plan.
- The eligibility requirements, interest rates and repayment terms of Parent PLUS loans.
- Mark’s advice on how to decide between helping to pay for college education vs leaving a legacy with your investments.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Now that the 2024 Election is in the books, we know that a new and yet familiar President-elect will take control of the Whitehouse in 2025. So, what does that mean for your investments and finances?
To help answer that question, Matthew Peck highlights some of the economic factors that SHP Financial will be keeping a close eye on that will impact the markets. While inflation and taxes have been hot topics for some time now, many people are undoubtedly concerned about what the next administration will do to address these issues.
In this episode, Matthew breaks down the state of the U.S. economy, how tariffs impact the cost of consumer goods, and how new corporate tax cuts could negatively impact inflation.
In this podcast interview, you’ll learn:
- The state of our economy in terms of GDP, inflation, and jobs in late 2024–and how this will influence policy in the years to come.
- How Trump’s proposed tariffs could dramatically drive up prices for American consumers.
- Possible loopholes to be created by new tax codes.
- How difficult it is to cut taxes while still addressing inflation and the national debt.
- How mass deportations, if they happen, will massively reshape America’s labor industry.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
If you’ve been following the podcast, you’ve likely heard us talk about Roth conversions many times. At SHP, we use Roth conversions as a tool on a daily basis.
But it occurred to us, a lot of our listeners might not fully understand what it means or might not be aware of the pros and cons to completing a Roth conversion. So we decided to dedicate a full episode on this very topic today.
In this episode, Matthew Peck is once again joined by Nick Nelson, VP of Advisory Solutions at SHP Financial. Together, they'll cover all the basics and the ins and outs of why Roth conversions are such an important tool that we use in our financial planning process.
Matt and Nick dive deep into the mechanics of a Roth conversion, who benefits the most from them, and when the best time for a retiree or pre-retiree should consider a Roth conversion to minimize taxes in retirement.
In this podcast interview, you’ll learn:
- What money gets converted when moving into a Roth IRA.
- Key factors to consider before doing a Roth conversion.
- How a Roth conversion potentially creates additional flexibility down the road.
- The best time to consider a Roth conversion.
- When the Tax Cuts and Jobs Act (TCJA) will expire and what that means for investors.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
You’ve had a successful career, you’ve invested well, and you have everything you need to live comfortably in retirement. Sounds perfect, right? While that would be a dream scenario for some, others often want to do more by giving back and paying it forward. Such is the case with today’s returning guest.
Matt Flynn owned Glynn Electric for over 30 years, serving Massachusetts, Rhode Island, and New Hampshire residents. But today, he’s the VP of Project Trinitē, a non-profit organization on a mission to connect remote communities with global employment opportunities through the deployment of cost-effective globally connected work centers.
In today’s episode, Matthew Peck is also joined by SHP Financial’s Laura Russo to talk about the great things Matt Glynn and Project Trinitē are doing abroad and what compels and motivates him to give back to help those in need. He also shares some excellent advice for anyone who is interested in charitable work and what he looks for in a charity before making donations.
In this podcast interview, you’ll learn:
- Matt’s advice on where to start when choosing a charitable organization to give to.
- How his work experience has been an asset in getting projects off the ground in several countries.
- How Project Trinitē helps by empowering the people they serve to support themselves.
- That’s it’s okay to say no and protect your time once you get involved in charitable work.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Join SHP Co-founder Matthew C. Peck, CFP® CIMA® and Lead Advisor Laura Russo as they take a moment to reflect on Q4 and prepare for 2025!
In just a few weeks, Americans will vote to decide who will become the next President. With all the commercials and political coverage dominating our screens, it’s easy to get caught up in the media circus during the election season. It’s also difficult to determine how much elections should weigh on your mind, as well as your investing strategies and retirement plans.
In today’s episode, SHP Financial’s Matthew Peck and David Hathaway discuss how our elections impact the economy and your investing mindset. We’ve been hearing about market volatility, inflation, and a potential recession for some time now, but is it all doom and gloom?
In this conversation, we dive into why we let elections influence our investing decisions, the roles that our elected officials have in shaping our economy, and what to pay attention to and what to ignore in the weeks ahead before the next President is elected.
In this podcast interview, you’ll learn:
- How much impact presidents (and presidential elections) have on our economy–and why it’s actually less than you think.
- Why Congressional and local elections are equally or maybe even more important than who is elected as President.
- The downside of letting elections influence your investing mindset and overall outlook on the economy.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
This new age of AI is undoubtedly one of the most significant advancements in technology that we’ve seen since the dot-com boom in the 1990s. Whether we like it or not, it’s already here and growing in popularity. In today’s episode, we’ll examine the impact that Nvidia is having on the AI revolution and things to consider when adding tech stocks to your portfolio.
Joining Matthew Peck for this conversation is SHP Financial’s Raphael Hanna. Together, they share valuable insights to help you better understand why Nvidia is at the forefront of the latest boom in technology.
You'll learn how Nvidia pivoted from gaming and graphics to become the leading supplier of AI hardware and software, the importance of portfolio diversification and the risk of overexposure when purchasing a tech stock like Nvidia, and what makes the boom in artificial intelligence technology different from the dot-com bubble.
In this podcast interview, you’ll learn:
- How Nvidia’s market capitalization has grown from $350B to 3 trillion dollars in the past 18 months.
- How Microsoft is directly responsible for 19% of Nvidia’s annual revenue.
- The amount of exposure (and risk) that investors holding growth or index funds already have in Nvidia.
- Why Nvidia’s revenue is declining in China, but growing exponentially in the U.S.
- What makes the boom in AI different from the dot-com bubble and likelihood of the AI bubble bursting.
- Reasons for tempering expectations for the long-term with companies that report huge short-term gains.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Losing your spouse, especially suddenly or in retirement, is a devastating yet common aspect of life. It’s a painful and emotional life event, which makes it very difficult for married couples to plan for, especially from a taxation standpoint.
That’s why we created our Retirement Road Map, designed for all five areas of your financial well-being. From income, investments, taxes, healthcare, and legacy planning–we’re here to support our clients so they’re prepared when facing life-changing circumstances.
Today, Keith Ellis, Jr is joined by two advisors from SHP, Joe Anderson and Anthony Finocchiaro, to talk about what happens when a spouse passes away and what we do with our clients to ensure that the surviving spouse is taken care of.
We discuss the immediate impacts of death on your finances, how to plan for the unexpected to protect yourself in emotionally trying times, and how to organize your estate at any time in your life to preserve your legacy.
In this podcast interview, you’ll learn:
- Why losing a spouse rarely cuts the living expenses in half.
- What you can do to take financial uncertainty out of this worst case scenario.
- How the best financial advisors minimize the overwhelm that people face when losing a spouse and life partner.
- The two goals of any good financial plan.
- The tax conversations you should be having with your advisor now to protect yourself in retirement.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
If you’ve made smart financial decisions, secured your nest egg for retirement, and accumulated enough wealth to leave behind, you’ll undoubtedly have questions about minimizing estate taxes.
It’s one thing to pay your fair share of taxes, but nobody wants to send more money to Uncle Sam than they have to. And that’s where having expert advice can help save thousands of dollars and leave more to your loved ones than the government.
Here to share some strategies to create a tax-efficient legacy plan is Attorney Matthew Karr of the Heritage Law Center. We’ve been working with him for nearly 10 years, and we’re thrilled to have him on the podcast today.
In this conversation, we dig into the key elements an estate and legacy plan, strategies to minimize estate taxes, and what to look out for in the wake of the latest changes to the tax code.
In this podcast interview, you’ll learn:
- How estate taxes are structured and how they work.
- Helpful tips for naming a trustee to settle your estate.
- How gift taxes and gift exemptions work to safely pass on money tax-free.
- Why every financial and tax situation requires a unique approach.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Alternative investments: Perhaps you’ve heard of them or even dabbled with them in your portfolio. The alternative marketplace has grown rapidly over the past few decades, with no signs of stopping. If you have questions about what they are and how they can add value to your portfolio, we’ve got you covered.
We’re excited to have Mike Prescott on the podcast today to help guide us through this landscape. Mike is a Trading Specialist here at SHP Financial and a level 2 CAIA (Chartered Alternative Investment Analyst) with over 10 years of experience in the industry.
In this episode, Mike walks us through some of the most common types of alternative investments (including private equity and private credit), how to determine when investing in alternatives is right for you, and the critical questions you need to ask any advisor before you take the plunge in the alternatives marketplace that continues to grow in popularity.
In this podcast interview, you’ll learn:
- What defines alternative asset classes and the five most common types.
- What alternative asset classes all have in common–and what sets them apart.
- Questions to ask any advisor managing an alternative investment before making those decisions.
- The three common structures for alternative asset classes.
- How experts like Mike vet alternative assets before recommending them to clients.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
What’s happening in the markets? What indicators should we look at right now, and what can we expect to see in the coming months?
In today’s episode, Matthew Peck is joined once again by SHP Financial’s Laura Russo to answer these questions in a special podcast edition of our quarterly update.
We’ll explore how AI continues to power large-cap positions, what to expect from the Feds with potential interest rate cuts, and what that means for the bond markets. Matt also shares an important message as we steam full speed ahead into another election and the impact that changes in the government have on the markets. Enjoy!
In this podcast interview, you’ll learn:
- Why we still recommend people own bonds–and why they deserve their place in a diversified portfolio.
- Why indicators show that global economies are continuing to do well despite worldwide political uncertainty.
- How AI spending is expected to transform our economy over the next 5-10 years.
- Why 10 companies are driving 37% of the S&P 500 right now–and why this could be worrisome.
- The dangers of FOMO when it comes to rational investing.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Today’s digital world is full of thieves and scammers looking to access your information and use scare tactics to steal your hard-earned money from you and your family. Victims of these fraud scams are often retirees and the elderly, who are so scared that they send thousands and thousands of dollars before realizing what is happening.
To help you protect yourself and loved ones from the seemingly infinite number of cyber criminals out there, we’re chatting with former FBI agent Dave Chaves. Dave investigated some of the biggest scammers in the world, and he remains an expert in his field.
Today, we talk about red flags to watch out for to determine if you’re about to get scammed, what to do if you fall victim to a scam, and how AI is making the scams of tomorrow so much more believable.
In this podcast interview, you’ll learn:
- The common traits of almost all online scammers, including romance and investment scams–and why the IRS will never call you asking for money.
- How the prevalence of Bitcoin and cryptocurrency has made scams so much worse and harder to recover from.
- What you should and shouldn’t do if a scammer reaches out to you.
- Why email phishing scams have gotten so much more effective and why you now need to be very careful with confirmations from UPS, Amazon, and other businesses.
- Steps you can take to improve the security of your most sensitive accounts right now.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
At SHP Financial, we help our clients with many common or technical questions such as, “What is a required minimum distribution?” or “What’s a Roth conversion?” However, one of the most popular questions we hear is, “How much money do I need to retire?”
It’s a difficult question to answer because the magic number isn’t the same for everyone. There’s so many factors involved like inflation, bear markets and healthcare expenses to name a few, that just thinking about it is stressful and brings out a lot of fear and emotions for many people.
With that in mind, today’s episode is all about the process we go through to figure out those magic numbers. Ultimately, it all boils down to creating a plan and having some honest conversations about what an ideal retirement should look like. With proper guidance, you’ll enjoy the peace of mind that having a plan provides so that you’ll worry about retirement a lot less and perhaps even enjoy the last few years of working a lot more.
In this podcast interview, you’ll learn:
- Why the decision to stop working and retire is as emotional as it is financial.
- The danger of winging your retirement without a plan in place.
- How to determine the cost of your lifestyle and make adjustments after you stop working.
- Why so many clients find work much less stressful once they realize that they can safely retire.
- The important questions to ask to help ensure you get the most out of your retirement.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Health insurance, Medicare, and long-term care are deeply intertwined with your taxes and legacy plan. If you’ve done well and saved money for retirement by making sound financial decisions in your working years, we want to help you preserve those assets so you can enjoy your retirement without worrying about healthcare expenses.
To help our clients untangle this complex relationship, we’re joined by Scott Hokanson, the founder and President of Brabo Insurance. We’re thrilled to have Scott back on the podcast today to discuss the challenges so many retirees face when budgeting for healthcare.
In our conversation, Scott explains why healthcare is critical to a successful retirement plan, two choices you can make when signing up for Medicare (and the advantages of each one), and how to create a strategy to get ahead of your premiums.
In this podcast interview, you’ll learn:
- Why so many retirees struggle to get access to care.
- How medical care in retirement compares to employer-provided insurance.
- Why HSAs are an amazing investment vehicle.
- When to choose a Medicare Advantage plan.
- Why insurance has dramatically improved in the United States over the last 20 years.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Losing a loved one is one of the most challenging and emotional periods in anyone’s life. When assets, such as property and investments, are left to their beneficiaries, many families have a difficult time knowing where and how to start the process of settling the estate.
In today’s episode, we’ll focus on estate planning, specifically the responsibilities and tax implications that a beneficiary has when they inherit those assets. I’m joined by our very own Mark Kenney and Amanda Glennon, who both have years of experience guiding families through this process to ensure that the actions and decisions that are made won’t have financial consequences later.
In our conversation, you’ll learn how changes to the SECURE Act have impacted how inherited assets are taxed and distributed, the new estate tax exemption rules for Massachusetts residents, and why developing a relationship with an advisor to create an estate plan makes the entire process easier to handle during such an emotional time.
In this podcast interview, you’ll learn:
- How changes to the SECURE Act have accelerated the timeframe to deplete inherited assets for non-spouses.
- What cost basis means and how it applies to inheriting property or investments.
- The values of an estate that are excluded from state and federal estate taxes.
- How long a beneficiary can expect to wait before the estate is settled.
- The difference in taxation from inheriting an IRA and a Roth IRA.
- The added value in dealing with a Financial Advisor in person vs over the phone when handling an estate.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
In early 2023, SHP Financial passed the $1 billion threshold in AUM, or assets under management. If you’ve ever wondered what goes into running a firm of this size, how we choose our managers, and how we help our clients create comprehensive financial plans, today’s episode is for you.
Today’s guest is William Malagodi. William has extensive experience building out hugely successful firms. In this conversation, we explore the art of manager selection, how we manage our day to day operations, and go above and beyond to deliver for our clients.
In this podcast interview, you’ll learn:
- How financial planners learn about the firms and resources they work with and recommend to clients.
- Why it’s all but impossible to use just free information from the internet to build a robust, stress-tested portfolio.
- SHP’s philosophy on risk based and allocation based portfolios.
- What a comprehensive portfolio review at SHP looks like.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Today, we’re joined by Chris Smith, creator of the Campfire Effect and host of the Family Brand Podcast. Chris works with leaders and advisors in the financial planning space to help them tell their stories, scale their businesses, and unlock growth and change.
We’ve worked with Chris in the past to develop and tell the story of our brand, and we wanted to take this opportunity to share wisdom and insights you can use in your own life and business.
In this conversation, we discussed how financial planning is more than a numbers game, what separates a technically competent financial planner from a truly great one, and how to tell you’re receiving the kind of service you, your family, and your legacy deserve.
- In this podcast interview, you’ll learn: The important questions you should be asking any prospective financial advisor that go beyond portfolio construction and risk assessment.
- How a good financial advisor helps challenge and support you to live your best life.
- Why your financial advisor needs to provide you with guidance and leadership to ensure your successful retirement.
- The surprising things we learned on our multi-year journey to understand how to best serve our clients.
- Two simple things you can do to transform your mindset.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Come join SHP Co-founder Matthew C. Peck, CFP® CIMA® and Sr. Service Representative Laura Russo as they take a moment to reflect on Q1 and prepare for Q2! While thinking about the future, they also explore the potential impact of the upcoming election on your retirement.
In this episode, we'll explore important trends, possible hurdles, and any new changes. Matt and Laura will bring clarity so you can stay knowledgeable heading into Q2!
As a parent, it’s never too early to start talking to your kids about money. Before you know it, they’ll be going off to college and getting their first job as a young adult. At that point, they’ll probably have questions about how much they can afford to spend and whether or not they should invest in a 401(k). Today’s episode will help prepare you for some of those questions.
We’re excited to introduce our audience to Mike Guthrie. Mike is a Financial Advisor at SHP and has over 25 years of experience in finance and financial planning. Before joining us at SHP, Mike worked at Morgan Stanley, BlackRock, and Northwestern Mutual, to name just a few.
In our conversation, we’ll explore some of the common questions that your kids might need advice on. We’ll discuss employer benefits that might be available to them, the difference between a traditional and Roth 401(k), and what types of investments they should consider within those plans.
In this podcast interview, you’ll learn:
- The value of saving early with compounding interest.
- How to start the process of teaching your kids about managing expenses.
- The difference between a traditional and Roth 401(k).
- How Target Date Funds work and why they are attractive for young investors.
- The importance of investing early with regular contributions, especially when the markets are down.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Many entrepreneurs and business owners will admit that it’s easy to get caught up in sales, numbers, targets, and growth. But at what cost? As you’ll hear in this conversation, the sacrifices people make to build a 7, 8, or even 9-figure business can leave their family and loved ones wishing they could enjoy more time with them instead of enjoying the fruits of their labor.
Today, we’re thrilled to have Michael Hyatt on the podcast. Michael is the Founder and Chairman of Full Focus, which has been featured in the Inc 5000 list of Fastest Growing Companies in America and Inc’s Best Workplaces. He’s also scaled multiple companies, including a $250 million publishing company with 700+ employees, and has written numerous bestselling books, including Your Best Year Ever, Free to Focus, Win at Work and Succeed at Life, and Mind Your Mindset.
In this conversation, we get into what Michael is doing to take a back seat in his business without exiting entirely, how to prioritize the Double Win in life and work, and why your most important purpose hasn’t been fulfilled if you’re reading this right now.
In this podcast interview, you’ll learn:
- How the lessons Michael learned about exits and retirement from his long career in business informed his own transition plan.
- What happened when Michael had enormous success in business at the cost of his home life–and how he rethought his approach to show up for his family.
- How Michael has helped clients cultivate a vision for their life after the 40+ hour workweek.
- The beauty of finding work-life balance–and why purpose is at the heart of it all.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Whether we like it or not, our tax laws will be changing again soon. That’s why it’s so important to keep your tax planning needs top of mind and be aware of what those changes are and how they factor into your retirement plan.
Today, we’re once again joined by Chase Reardon to talk about some important changes to the Tax Cuts and Jobs Act and how you can take advantage of opportunities that exist to mitigate taxes.
We’ll discuss why tax planning and portfolio planning have to go hand in hand, how Chase and the SHP Financial team works with clients to build a tax plan for their specific needs, and what you can do right now to save money in retirement.
In this podcast interview, you’ll learn:
- Why tax planning can never be a set it and forget it strategy.
- The major advantages of the Tax Cuts and Jobs Act–and why these benefits will mostly go away at the end of 2025.
- How to know whether a Roth conversion is right for you.
- Assets you can use to change your tax structure, including trusts, charitable gifts, and 529 accounts.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
If you’re buying a home or thinking about refinancing your existing mortgage, you’ve probably got a lot of questions: what are interest rates going to be? Are these high interest rates here to stay forever? How much equity can I unlock to pay bills or renovate my home?
We’re thankful to have Nate Hartseil from Main Street Home Loans with us today to walk us through the current mortgage landscape and what your options might be, whether you’re looking to buy or sell.
In this conversation, we explore when, why and how the Fed may finally cut interest rates, strategies you can use to retire debt for you and your family, and how to get out from under debts that might be weighing you down.
In this podcast interview, you’ll learn:
- Why Nate believes we’re approaching the light at the end of the tunnel when it comes to the housing market.
- Why so many Americans are living paycheck-to-paycheck and why debt is on the rise.
- The two types of refinances you can use to free up disposable income.
- When, why, and how to write a reverse mortgage.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
One of the most popular questions that we get from our clients is, "How are you different?" It's a simple question but difficult to explain in 10 words or less. The quick answer is that it's not just the people, our portfolios, or our years of experience on our teams. It's all of it... and more.
Here to help me explain what sets SHP apart from other firms is VP of Advisory Solutions, Nick Nelson. Nick started at SHP in 2016 and has been instrumental in helping us grow our business to what it is today.
So today, we'll discuss how we've been a culture that prides itself on delivering an outstanding client experience by putting our clients first and going beyond helping them achieve personal or financial goals. You'll also hear why all of our teams are solutions teams and how each team is making a difference in the growth of our business and our client's lives.
In this podcast interview, you’ll learn:
- How being a good culture fit is so important for new hires.
- Why the Advisory Solutions team is such an integral part of client experience.
- The ripple effect of growing your firm with trusted and dedicated team players.
- How SHP’s 3rd party relationships enhance the client experience.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Most business owners are probably unaware that the Corporate Transparency Act went into effect on January 1, 2024. More importantly, this new law will directly impact the day-to-day operations of many business owners. Intended to combat money laundering, human trafficking, and funding terrorism, this new law brings with it new reporting requirements with an array of penalties.
We’re thrilled to welcome David Chaves back to the podcast as he brings unique skills and experience to talk about this very important topic. He’s a retired FBI Agent, attorney, and keynote speaker on topics including white-collar crime, compliance, risk management, government investigations, and leadership.
In this conversation, we’ll explain why most businesses will be impacted by this law, how to ensure your business complies with FinCEN if necessary, and how to get ahold of David’s ebook to learn more.
In this podcast interview, you’ll learn:
- Who within your company may now need to file for corporate transparency compliance and why it matters.
- Reporting deadlines for FinCEN compliance and potential fines for noncompliance.
- Who will be able to see your FinCEN compliance information after you file.
- Why FinCEN compliance is catching the United States up to the rest of the world.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Welcome to the kickoff of 2024 as we explore the evolving economic terrain. Join us for valuable insights shared by SHP Financial's Co-founder, Matthew C. Peck, CFP® CIMA®, who brings clarity to dissect the latest updates in the financial landscape. Alongside him is our co-host and Sr. Service Representative, Laura Russo, ready to provide an insightful perspective and make sense of the dynamic changes in store for this year.
In this episode, we'll navigate through the intricacies of the financial world, uncovering key trends, potential challenges, and exciting opportunities that lie ahead. Matt and Laura will break down the essential updates, ensuring you're well-informed and prepared to navigate the economic landscape in 2024!
There are five worlds of financial planning: income, investment, tax, health care, and legacy–and today’s episode is all about legacy. We believe your legacy is more than your estate and the assets you leave behind.
The fact is, if you don’t take control of your legacy with proper financial planning, someone else will. These are tough conversations to have for most people, but by the end of the episode, our goal is to help you feel comfortable taking that first step and getting started.
We’re happy to have someone like Mark Kenney at SHP share his expertise and experience. Today, we’ll discuss how legacy planning impacts every other part of your financial plan, simple ways to reduce your estate taxes, and the key touch points you should be aware of as you create your legacy plan.
In this podcast interview, you’ll learn:
- Why legacy is an integral part of every financial plan.
- The common complications that arise in legacy planning and passing assets on to children or other beneficiaries.
- How (and why) certain clients choose to gift to their beneficiaries over the course of a lifetime, rather than just after they pass.
- Why the rules for gifting are more generous when it comes to education (529) accounts.
- What makes legacy planning so difficult for DIYers.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The end of the year is a time to reflect not just on what we’re grateful for and what we accomplished, but it’s also a great time to review the state of our financial plans–and the opportunities to take advantage of before the clock strikes midnight on December 31.
Here at SHP, that means it’s all hands on deck this time of year to check all the boxes so that we’re setting our clients up for long-term success and a stress-free retirement.
In today’s episode, we’re talking about how the major changes to tax law passed over the last five years will affect retirees for decades to come, and what you can do right now to make sure that your finances are one less thing for your loved ones to worry about.
In this podcast interview, you’ll learn:
- Why a holistic financial plan is so much more than portfolio management.
- How to avoid massive tax penalties when it’s time to take required minimum distributions.
- What you can do to avoid leaving money on the table in a time of maximized interest rates.
- Why it’s almost always better to focus your time and energy on earning money than saving it by DIYing your finances.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When most people think of tax planning or doing their taxes, many would rather save it for another day. But if there’s one area that we can help our clients with to save them money, it’s with their tax planning.
In today’s episode, Derek Gregoire and Matthew Peck emphasize the importance of proper tax planning in your retirement plan. They’ll discuss tax diversification strategies, Roth conversions, and concepts to ensure that more of your hard-earned money stays in your account instead of going to Uncle Sam.
If you’ve been contributing to IRA and 401(k) accounts, you have a head start. By implementing simple (yet effective) strategies to move money into tax-free accounts, you’ll be ahead of the game when you retire.
In this podcast interview, you’ll learn:
- How future increases to tax rates will impact how much investors will need to withdraw from their investments.
- The guides that are available online at SHP to help with your tax planning needs.
- How tax planning and legacy planning go hand in hand with what you leave behind to your children and beneficiaries.
- Why now might be the right time to leverage Roth conversions in your portfolio.
- How a methodical approach to moving pretax and after-tax dollars to a tax free account will save more money in the long run.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Here at SHP, we get so many questions about Social Security: when to claim it, how it works, and what might happen to it in the future, especially with how dysfunctional Congress has become.
As always, we’re excited to welcome Mark Kenney, CFP, CTS, back on the podcast to get his thoughts on where things might be headed and how to plan for it.
In this conversation, we dig into the history of Social Security, the common challenges people face when it comes to taking it, and how Social Security factors into a comprehensive financial plan to help you meet your goals in retirement.
In this podcast interview, you’ll learn:
- Why Social Security should never be your sole source of income.
- How to maximize your Social Security benefits–and what to consider as you decide when to take Social Security.
- How your Social Security benefit is calculated–and who’s eligible to claim your Social Security after you die.
- What the Windfall Elimination Provision (WEP) penalty is and how it can impact your Social Security.
- Why Social Security must be fixed in the next ten years to ensure benefits for future generations.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Whether you’re retiring in five, 10, or 15 years, you need to be well prepared to retire–but other than your money, what exactly goes into a retirement plan? A lot of financial advisors will simply tell you “You made money. You lost money. Stay the course. That’s the plan,” even though that may not be what you want to hear.
So, with that in mind, what do you need to be doing each year, and what might you be missing? Today, Derek Gregoire and Matthew Peck of SHP set out to answer that question. We’re talking about why your retirement plan shouldn’t just be a bunch of 401(k)s, IRAs, and bank statements, why retirement and unemployment aren’t that different, and the critical pieces of the retirement plan that are often overlooked.
In this podcast interview, you’ll learn:
- Why you need to build a robust income plan to sustain you through retirement.
- The difference between a financial advisor and a fiduciary.
- How to create a sequence of returns risk to prevent disaster when unexpected expenses arise.
- How to quickly identify gaps in your retirement plan and fill in the necessary pieces in the puzzle.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Anyone who has started their own company will tell you that there are many important decisions that dictate how successful your business will be. And today’s guest is no different.
Matt Glynn was the proud owner of Glynn Electric for over 30 years, serving residents in Massachusetts, Rhode Island, and New Hampshire. At its peak, Glynn Electric employed over 250 people and had a reputation for delivering quality and reliable service for decades.
In today’s episode, Matt Glynn shares the factors that led to decades of success and the legacy he left behind after exiting his business. You’ll hear how his success may not have been possible without the help and support of his wife, how being a great judge of character when hiring staff was tremendously important, and his advice for new business owners who are on their own entrepreneurial journey.
In this podcast interview, you’ll learn:
- The importance of being risk averse as a business owner.
- How having a supportive spouse/partner was instrumental in growing the business.
- How micromanagement can be a deterrent to growth in your business.
- Why it’s critical to be a good judge of character when it comes to hiring staff with integrity.
- How Glynn Electric’s education and training program was monumental in their growth and success.
- When a business owner should start thinking about an exit plan.
- The great work Matt is doing with the Joshua Glynn Memorial Foundation and the Boys & Girls Club in Plymouth.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
As we head into Quarter 4 of 2023, it can be easy to get caught up in the political drama that we see in Washington D.C. Join us as we find clarity on the state of our market with SHP Financial Co-founder Matthew Peck, CFP®, CIMA®!
Once our clients start building their retirement plans, they realize that while they’re probably going to be okay for income, several risk factors could derail their retirement, including healthcare and long-term care.
To help explain how life insurance and long-term care are a vital part of any retirement plan, we have SHP’s J. Cawley on the podcast today.
In this episode, we dig into the changing state of long-term care and coverage, how to find long-term care that meets your specific needs, and how to have the important conversations with your team and loved ones to ensure you leave your legacy on your terms.
In this podcast interview, you’ll learn:
- Why long-term care has historically been an afterthought for so many people and why that needs to change.
- How to choose hybrid long-term care vehicles to suit your potential needs.
- Why most people don’t want to rely on families for end-of-life care–and why this care can get very expensive very quickly.
- The main reason why many wealth advisors don’t talk about long-term care with their clients.
- Examples of how to structure your estate plan to reduce your risk and prevent long-term care costs from putting a huge dent in your portfolio.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The last decade was pretty great for stocks. So many investors flourished under low inflation, low taxes, and low interest rates, and you can safely say that the bull run we just went through was historic.
However, we’re now in a recessionary period marked by high inflation–and, just like bear markets of the past, we’re going to get through this one, too. If you’re nearing retirement, you might be a little concerned about the state of your portfolio, and today’s episode was recorded with you in mind.
In this conversation, Derek and Matthew explore how politics and the financial markets of the past impacted each other, the parallels and similarities between what’s happening now and what happened then, and what you should be doing now to prepare and plan for a better financial future.
In this podcast interview, you’ll learn:
- Why it’s easy to panic in the face of a seeming financial crisis when you don’t know how the story ends.
- What makes this inflationary era both similar to and different from the economy under Jimmy Carter.
- What happened during the dot-com bubble, the Great Recession of 2008, and even the initial market shocks brought on by the COVID-19 pandemic–and why the solution to all these disasters was always the same.
- Why it’s so important for your income and investment plans to match each other.
- When to start considering rolling your 401(k) over to an IRA–and why tax planning is so important at every age.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
A well-organized financial plan is part of a well-organized lifestyle. If you can’t find things in your home, you might not be able to find them in writing, either. We amass gadgets, clothes, documents, and so much else in life … so, what can we do about it?
To answer that question, we’re thrilled to be talking with Mara Bangura. Mara is the owner of Green Earth Organizing, where she helps people, quite literally, get organized and declutter.
In this episode, Mara walks us through how she helps people respectfully part ways with all the stuff we amass in life, how to help friends and family declutter when a loved one passes, and how to apply these strategies both at home and at work.
In this podcast interview, you’ll learn:
- How to give a second life to once-loved objects while also getting them out of your house.
- What it means to Death Clean–and the difference between legacies you do and don’t want to leave.
- Why it’s so important to go at your own pace–even if it means clearing out one room at a time.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
At SHP Financial, we provide income, investment, tax, health care, and estate planning and help build effective portfolios. Today’s podcast is all about annuities. When they might make sense for you and when they wouldn’t.
Annuities are a big buzzword lately. Some advisors love them, and others steer clear of recommending them. So we’ve written a Guide to Annuities and made it a free download on our website to improve your knowledge and comfort level of them.
With that in mind, we’re joined by Joe Anderson. Joe’s been a financial advisor at SHP since 2015 and is very well versed on the pros and cons of annuities. We dig into how annuities have become such a controversial investment tool, how to determine if annuities could be a good fit for you, and how to find the right products for your portfolio.
In this podcast interview, you’ll learn:
- Why some financial advisors only sell annuities and why others rarely ever recommend them.
- The four major types of annuities and how they’re typically used.
- The potential benefits–and major downsides–of using annuities.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
A well-built health savings account (HSA) can be a powerful part of your retirement portfolio. But there are things that everyone should know to make sure they are maximizing the benefits and getting the most from these accounts.
With that in mind, we’re not just calling in an expert. We’re calling in Bill Stuart, author of HSAs: The Tax Perfect Retirement Account. He’s one of the world’s leading authorities on this topic, and his understanding of HSAs is truly on another level.
In today’s conversation, we’re talking about the tremendous tax benefits of HSAs, what makes these accounts “triple tax-free,” who can use HSAs (and how to use one if you’re eligible), and some basic strategies you can employ at any stage of life to invest for long-term success.
In this podcast interview, you’ll learn:
- Why the HSA was created in 2004.
- The differences between HSAs and FSAs–and why the HSA is often much more valuable.
- What’s covered by an HSA and what might disqualify you from using an HSA.
- How HSAs work if you’re self-employed.
- What you need to know about rolling an HSA into an IRA or passing it on to your heirs.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
If you've invested money in the stock market over the past 10 or 15 years, you've likely felt stressed when looking at your portfolio's wild dips and swings. It's easy to feel like you can never make a good decision or overcorrect in the face of a drastic downturn.
This is why we're so fortunate to have William Malagodi on our team at SHP. He's our Director of Investment Operations and digs deep into money management so our clients can focus on living and dreaming.
In this conversation, you'll learn how William survived trial by fire joining the financial industry during the crisis of 2008, why it's so hard to be a DIY-er in today's economy, and the scrutiny and due diligence that goes into every transaction with client portfolio construction here at SHP.
In this podcast interview, you’ll learn:
- The difference between a broker-dealer and a registered investment advisor.
- Why looking at a financial plan isn’t just about investment assets–and how changes to the tax code and other laws impact clients’ plans each and every year.
- What manager selection is and how it plays a role in portfolio construction.
- How we do due diligence when clients make investment requests.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The financial landscape can feel like it is always evolving, and 2023 is no exception. As we head into Quarter 2, join us in welcoming our Co-founder, Matthew Peck, CFP®, CIMA®, as he shares his insight so that we can be confident to weather any storm.
Every client should have a plan for their income, investments, taxes, health care, and legacy. Unfortunately, most firms just offer products and rarely help implement strategies in each of these areas of life–which is why it’s so important to us at SHP Financial.
With that in mind, I’m excited to be joined by Laura Russo and Natalia Carmago to give you a behind the scenes look at how we set our clients up for long-term success. Laura comes from the world of trust administration at a major bank, where she worked with ultra high net worth clients, and Natalia brings decades of experience from a large investment firm.
In this episode, we dig into what goes into our client review process, how we create whole-person plans for our people, what your first meeting with us might look like, and the value of keeping things small.
In this podcast interview, you’ll learn:
- Why so many firms don’t give their clients a comprehensive picture of their life, health, or finances through their offerings.
- What happens in the typical first meeting–and why it’s all about getting to know the client, and not the other way around.
- The difference between reactive and proactive planning.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When a first responder arrives on the scene, they don’t always have the privilege of knowing exactly what to expect. And many of these calls are high pressure situations where seconds can make the difference between life and death.
First responders provide protection to their community, but there is also a need for them to provide protection for their families should anything happen to them at the scene or even years later.
That's why we’re thrilled to be joined by Keith McManus and Dave Chaves. Keith and Dave are attorneys from McManus Estate Planning, and they know how difficult it is for a family to settle an estate when a family is already suffering and recovering from a tragic event.
In this episode, we dig into the importance of estate planning for first responders, why estate planning is important for adult children, and why meeting with an expert estate planner is crucial to make sure everything is done properly so that you and your family are protected.
In this podcast interview, you’ll learn:
- The benefits of having a will and the added benefits of having a trust.
- The key components of living trusts for first responders.
- How to start the estate and trust planning process.
- How to incorporate your family’s values into its estate planning documents.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
In today’s world, we tend to throw the words legend and legendary around as casually as we might with a baseball in our backyard. This is not one of those days.
We couldn’t be more thrilled to share this episode with an absolute legend and icon in Boston Sports radio, TV, media, and film, Mr. John Dennis. John’s career in the Boston sports world started in the 1970s and continued into the 90s and 2000s with the Dennis and Callahan morning radio show.
He’s won several Emmys and other broadcasting awards in his storied career with WEEI, with roles as weekend and weekday sports anchor, producer, and director. He’s also made a huge impact with his charitable work with the Jimmy Fund, the Cystic Fibrosis Foundation, and on the board of directors of the Mutual Funds Against Cancer Organization.
If sports has been a big part of your life over the past 50+ years, even if you haven’t lived in the Boston area, John’s voice is likely a familiar one. He’s interviewed legendary sports figures and been on the scene (and behind the scenes!) to cover some of the most memorable moments in sports history. Anyone who has been able to have access to Tom Brady and Bill Belichick on the Patriots Monday radio call every single week-win, lose or draw-during their tremendous run undoubtedly has achieved legendary status with some epic stories to tell.
In this conversation, we go back to the beginning of his career as he paints a picture with great detail of what some of the most memorable moments in sports looked like from his seat. From the great Celtics runs in the 70s and 80s, golfing with the greats, his cameos in the Farrelly Brothers’ movies, being on the air during the tragedy on 9/11, and how he overcame his battle with alcoholism. As they say, he’s been there and done that, and we’re thankful to have him with us today.
Even if you’re not a sports fan, there’s a little something for everyone. There’s a backstory to every big story, and they’re being brought to you today by one of the greatest voices in Boston Sports, John Dennis.
In this podcast interview, you’ll learn:
- How Derek and John met and the role that golf has played in their friendship.
- The lesson that John learned from his father and how John discovered his love for sports broadcasting.
- How John’s work ethic and passion was a huge factor in leaving Kansas City to work in Boston.
- How John was able to have incredible access to boxing legend Marvin Hagler.
- Some behind the scenes moments from the most amazing prize fight at the time, Hagler vs Hearns.
- How he met John Havlicek and how his access to the Celtics teams grew over the years.
- Stories of Larry Bird that you won’t want to miss.
- What it was like behind the scenes of the 1986 World Series with the Red Sox and Mets and the events that took place after the Bill Buckner play.
- The incredible memories of golfing with Lee Trevino and Greg Norman.
- What it was like to be on the air during the tragedy on 9/11.
- How Patriots Monday came to be and how his access to Tom Brady led to their friendship.
- The incredible moment when John reached out to Tom Brady after learning that his good friend and Patriots Superfan was near the end of his battle with ALS.
- How John was a highly functioning alcoholic and the moment that he knew he had to get help.
- How he became friends with the Farrelly brothers and how he landed his role in Kingpin.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
With income tax season in the rearview, some people tend to shift their focus to saving toward a child's education. This time of year, we'll often hear questions like: What are the best options? Wasn't there something new about 529s in SECURE Act 2.0? Has anything changed?
If you're someone who has any of those questions (or others!) and you want to start preparing for your child's (or grandchildren's) education, this episode has everything you need to know about 529 Plans, including information on the changes that apply to 529s.
In today's conversation, our very own Mark Kenney and Matthew Peck dig into how you can maximize the tax advantages of a 529 plan to offset college costs, the benefits of contributing to 529s at any stage of life, and how recent changes to the tax code affect 529 contributions. If you have questions, we have answers. Enjoy!
In this podcast interview, you’ll learn:
- How 529s are structured, who can contribute to them, and the major tax advantages of these funds.
- How retirees can contribute to kids, grandkids’, and others’ 529s.
- The options that are available if a 529 plan beneficiary doesn’t go to college.
- Why a 529 plan doesn’t negatively impact financial aid or student loan eligibility.
- Why investing in 529s should probably come after your 401(k).
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Amidst the headlines about Congress debating the Federal Government's debt ceiling, it's easy to feel overwhelmed by all the details. But worry not, because we have Matthew Peck, CFP® CIMA®, co-founder of SHP Financial! Listen as he shares his knowledge and brings clarity to the confusion so that we can get a better understanding of how this issue impacts us in the long run.
Connect With Us on Social
- YouTube
When you look at your retirement plan on paper, it might just feel like numbers on a page. But what exactly do they mean? How do you make sense of them, and get a clear vision of what your retirement might actually look like?
To answer this question, we’re talking to Team Pat: Patrick Randall and Jack Tomczyk. Pat has been with us at SHP for over five years, and Jack is his right-hand man, ensuring that his clients can always get answers to their tough questions–even if Pat’s unavailable.
In today’s conversation, we get into the important questions that Pat and Jack ask their clients to help them find their purpose and keep it top of mind as they transition out of their full-time careers. We’ll also discuss how to set and achieve goals in retirement (both big and small), and how to structure your time to get more out of it, no matter how old you are.
In this podcast interview, you’ll learn:
- A financial advisor’s primary goal during the initial conversations with new clients.
- How proper financial planning helps retirees dream big and cross things off their bucket list.
- Why it’s so important to have a plan in place as you prepare for–and enter into–retirement.
- How the non-financial aspects of retirement planning inform the financial aspects of a good retirement plan.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
It’s been almost two decades since any of us had to deal with rising interest rates–and as a consequence, anyone buying a home right now is probably shocked by how different things are.
To help make sense of the mortgage landscape with rising interest rates and refinancing options, we’re thrilled to be talking to Nathan Hartseil. At Main Street Home Loans, Nathan helps our clients make the best decisions in complex situations.
In today’s episode, Nathan shares the hard lessons he learned getting his feet wet in the financial industry at the height of the Great Recession, what makes our current economic moment so unprecedented (and is making it so much harder for first-time homeowners to buy), and financial strategies you can use right now.
In this podcast interview, you’ll learn:
- Why it’s so important to discuss your long-term financial plans and goals with your banker as you purchase a home.
- Why the low interest rates of the last several years are unlikely to return.
- Important factors that Nathan uses to adjust his recommendations daily.
- Why housing inventory hasn’t increased, even though we’re likely in a recession.
- New financial products being created for buyers and sellers alike.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Contrary to popular belief, all financial firms and their advisors are not created equal. It’s actually a common myth that all financial advisors do the same thing and give the same advice. What they do–and how they do it–can be drastically different from company to company.
We started SHP Financial in the early 2000s, but it wasn’t until the 2010s that we really began to scale our practice–and it couldn’t’ve happened without today’s guest.
Brad Johnson is a principal at Triad Partners, and he’s coached thousands of financial advisors to hone their craft and become the best of the best in the industry. Brad played an instrumental role in our growth, and his knowledge and experience has improved the lives of countless retirees and the advisors who work with them.
In today’s conversation, we dig into the difference between independent and captive financial advisors, the key questions you should ask any potential advisor, and why there’s so much more to retirement planning than creating a portfolio of stocks, bonds, and mutual funds.
In this podcast interview, you’ll learn:
- Why some financial advisors and insurance agents choose products that aren’t in their clients’ best interest.
- The difference between people who call themselves fiduciaries in their commercials and actual fiduciaries.
- Why the best advisors have every tool at their disposal to help you.
- Why an investment portfolio alone is not a plan.
- The big questions you need to ask as you plan the retirement of your dreams.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The financial landscape can feel like it is always evolving, and 2023 is no exception. As we head into Quarter 2, join us in welcoming our Co-founder, Matthew Peck, CFP®, CIMA®, as he shares his insight so that we can be confident to weather any storm.
In our first podcast episode about Silicon Valley Bank, we ended with a cliffhanger because we were waiting to hear what the Fed and Chairman Powell would do next. Now, in this episode, we will explain why the Fed decided to raise interest rates, and how it could affect the whole economy.
In this podcast discussion, you’ll learn:
- How the Fed has chosen to respond to the collapse of Silicon Valley Bank
- Why they have chosen to continue raising interest rates
- How our economy could be impacted by these rising interest rates
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
In the light of the recent news of the failure of Silicon Valley Bank and the regulators stepping in at Signature Bank, we wanted to bring clarity to the impact of these actions on the economy and the markets at large.
It’s always scary to see headlines of “bank failure” and pictures of people peering through the windows of banks that have closed their doors. Maybe it is our history books with the Great Depression or even more recent history of the Great Financial Crisis where it is only natural to be concerned with the consequences of two large banks failing.
In this podcast discussion, you’ll learn:
- What factors contributed to the collapse of Silicon Valley Bank
- What happens in the United States when a bank fails
- Different ways that the Fed might respond to this situation
Sources Mentioned:
The Economist - For markets Silicon Valley Bank’s demise signals a painful new phase
JP Morgan – Silicon Valley Bank Failure
The Economist - The Fed smothers capitalism in an attempt to save it
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
What is the value of great financial advice? It’s tough to put a number on it. But when it comes to financial planning, lots of people want to try to go it alone or take a “set it and forget it” approach to their portfolio.
However, if they’re merely investing, or getting help managing their investments, there’s a huge component that is often missed–retirement planning.
Today’s episode is all about understanding what a financial planner brings to the table in the world of retirement. One of our very own CERTIFIED FINANCIAL PLANNERS, Mark Kenney, is here to walk you through the key components of our Retirement Road Map®, how this plan allays fears and ensures retirees will have what they need to live comfortably, and what you can do to take uncertainty and volatility out of your life in retirement.
In this podcast interview, you’ll learn:
- Why so many people have financial plans that don’t meaningfully account for retirement.
- How we work with clients to produce a comprehensive plan that addresses income, investments, taxes, healthcare, estate, and legacy.
- How a third-party advisor helps take the emotion out of investing and stops people from making simple, predictable mistakes.
- Why there’s no one-size-fits-all, cookie cutter solution.
- Why a will won’t stop your assets from going to probate court.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
The big topic for 2023 that is on everyone’s mind has definitely been the looming recession. Which leads to questions like: Will there be a recession? And if so, how bad will it be? Are we in a recession right now? What’s happening with the Fed, and what should we do about it?
So, the timing couldn’t be better to welcome Andrew Opdyke, Senior Economist with First Trust, back to the podcast. You’ve got burning questions, and he’s got answers.
In our conversation, we get into how unprecedented stimulus can give way to runaway inflation, why the Fed has been raising interest rates so aggressively, and why Andrew is still optimistic about American progress and innovation. He’ll also break down some key indicators that if/when a recession hits, it might not be as bad as some of the earlier predictions.
In this podcast interview, you’ll learn:
- The factors that influence our markets and contribute to the risk of recession.
- How the Fed’s thinking changed in the wake of the Great Depression, the Great Recession, and the COVID pandemic.
- Why we’re likely going to see many companies down on earnings in the next several months.
- How to cope with the fact that it’s all but impossible to predict everything that will happen in the world or time the markets.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
A new version of the SECURE Act was passed on December 29, 2022. While we were celebrating the holidays, a lame duck Congress passed a law that made sweeping changes to financial and retirement planning. Whether you’re recently retired, saving for retirement or even just saving for college, these changes to the SECURE Act are worth noting.
With that in mind, today’s episode is all about the most important changes made by the new SECURE Act–and, most importantly, how they may actually benefit you.
You’ll learn how to take advantage of tax-deferred growth and catch-up contributions, a number of new financial tools available to employers and employees alike, and how the Labor Department is making it easier than ever to find lost 401(k)s from jobs you might’ve had 30 years ago.
In this podcast interview, you’ll learn:
- Why the required minimum distribution age is increasing to 75 by 2033 and what makes this so important.
- The difference between traditional and Roth assets.
- How you can now take advantage of an unused (or underutilized) 529 to fund your grandkids’ retirement.
- How employers can now make emergency accounts available to their employees.
- Why all the changes to the SECURE Act reaffirm the importance of good financial planning.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Estate planning is a critical part of the retirement planning process. As we kick off the new year, this is a perfect time to ensure that your plan is up to date.
Things change over time. That includes our lives, our family, and even the laws that apply to estates. This means the wills, trusts, and other estate documents that protect our families and secure our legacies may need to change, too.
With that in mind, we’re thrilled to have Keith McManus, attorney at McManus Estate Planning, back on the podcast. In our conversation, we discussed the downside of not reviewing and updating your estate plan, different ways to protect your biggest asset such as the family home, and the pros and cons of life estates and much more.
In this podcast interview, you’ll learn:
- Reasons why a “set it and forget it” strategy can put your estate at risk.
- How to take advantage of incredible opportunities before the Tax Cuts and Jobs Act sunsets in 2025.
- Why you may want to prepare estate plans to protect young adult children, even if they haven’t accumulated much wealth yet.
- What it means to create a life estate–and the potential risks and benefits of this approach to retirement.
- Why there’s no such thing as a cure-all trust–and how this makes estate planning more important than ever.
- Why you never want to rely on a will as the backbone of your estate plan.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
It’s a new year and on behalf of everyone here at SHP Financial, we hope you had a wonderful holiday season and a great start to 2023.
For many people, a new year starts off with a New Years’ resolution. Perhaps one of your resolutions is to take a closer look at your finances and reduce your stress about money.
If that’s the case, you’ll want to ring in the new year with Matthew Peck and Keith Ellis, Jr. as they share their top 3 financial planning tips for a new year.
Whether you need help with making the changes to your portfolio, managing your monthly budget, or making your 401(k) and IRA contributions, that’s what we’re here for because that’s what comprehensive financial planning is all about.
In this podcast interview, you’ll learn:
- The value of rebalancing and readjusting your portfolio. Whether you’re investing on your own or you’re already working with SHP, a new year is an opportunity to reevaluate your circumstances.
- How target date funds can help rebalance your portfolio, especially as you get closer to retirement.
- Review your monthly budget and expenses. Especially with high inflation.
- Make sure that you’re fully benefiting from new 401(k) and IRA contribution limits and maximizing the income tax benefits.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
As we start Quarter 1 of 2023, Founding Partner Matt Peck, CFP®, CIMA®, will provide clarity when it comes to what is happening in the economy and how it will impact your retirement.
What a year it’s been. 2022 was one of the toughest financial years we’ve seen in our lifetimes. The state of the markets is concerning, but we’ve never been prouder of our team and what we’ve been able to do for our clients.
With that in mind, today’s episode is all about what we’ve done behind the scenes to position our clients for success. As we prepare to celebrate our 20th anniversary at SHP, we’re excited to talk to you about our new hires, our charity work, and what to look for as you consider a financial advisor or retirement plan.
In this podcast interview, you’ll learn:
- How we’re leveling up our customer service as we go into 2023.
- What we did to support our veterans, the Cape Wildlife Center, and the Plymouth Thanksgiving Parade.
- The key things to look for as you select an advisor or retirement plan–and how to tell if the Retirement Road Map process is a good fit for you.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
During the first ten years of SHP Financial–2003 thru 2012–we had a team that deeply understood how to build great financial plans and do right by our clients. However, we had work to do on the business side of our operations.
When we realized we needed to hire a COO, we interviewed Michelle Short–and quickly realized how much talent she brought to the table. She’s helped us scale our business, delivers incredible experiences for our clients, and created new career paths for our team.
In this episode, we go behind the scenes to talk about how we transformed our company culture to create better client experiences, as well as share some of the lessons Michelle has learned–and taught us–over the years.
In this podcast interview, you’ll learn:
- What makes the client experience at SHP so unique.
- How Michelle delivers a great client experience, helps us to stay organized, and improve our processes.
- The goals that we’re aiming to achieve at SHP over the next 10 years.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Financially speaking, 2022 has been a tough year. We’ve all been dealt a handful of lemons, the markets are in a uniquely difficult position, and your portfolio is likely down from the highs of 2021.
So, with all of that in mind, how can you turn your lemons into lemonade? Today, we’re sharing some tips and strategies that we’ve been recommending to our clients to take advantage of the opportunities that exist before 2022 draws to a close.
If you’re looking to improve on a difficult situation and position yourself for future success in the years to come, there are a number of things you should consider doing before the new year.
In this episode, we’ll discuss how we landed in an extended bear market for the first time in 14 years, how diversification and tax loss harvesting can help to take advantage of what some see as a bad situation, and why long-term financial planning matters–regardless of what the market is doing.
In this podcast interview, you’ll learn:
- How stimulus spending has led to a financial “detox” in the form of this bear market.
- How to use after tax and harvesting losses to reposition assets and bank yourself against future gains.
- When to meaningfully use Roth conversions to grow money at a substantial tax discount.
- Why you should still max out your retirement contributions where possible.
- Why retirees 65 and over need to review their Medicare coverage to avoid leaving money on the table.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
A personal relationship without trust is doomed to fail. And in business, it's no different. It's one of the things we take pride in at SHP because we know our clients trust us with more than their portfolio or retirement, it's their future, and it's a responsibility we don't take lightly.
Joining me to talk about the importance of trust in today's financial world is John Capuano. John is the co-founder of Lone Beacon, the nation's most sought-after sales and marketing company in the financial world. We've been working with John for over a decade to keep our finger on the pulse of retirees' habits, mindset, and thinking, and his research has always been fascinating.
In our conversation, John shares wisdom from his decades of experience as a marketer to talk about generation gaps in today's market, how to build trust in 2022, and what retirees really want to get from working with a financial advisor.
In this podcast interview, you’ll learn:
- What John learned from talking to businesses running ads to the wrong audiences on the wrong networks.
- How retirees invest to purchase financial freedom and how important trust is before they make those decisions.
- Why authenticity and sincerity will always create engagement–and why John believes it can’t be taught or marketed.
- Why John believes that business owners and their staff should treat clients like nervous fifth graders to maintain the relationship.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When it comes to retirement planning, almost everyone knows about the danger of a market downturn or rampant inflation. But what else is out there that could set you back, and how can you best protect yourself?
To answer those questions, today we’re joined by one of our Financial Advisors here at SHP, Joe Anderson. Joe has coached countless clients through tough financial challenges and helped them solve many complicated problems.
In this episode, we dig into why it’s essential to create a tax plan as you head into retirement, the potential burdens of healthcare, and the tools you can use to protect yourself and your money in the years to come.
In this podcast interview, you’ll learn:
- Why countless retirees end up with no plan to pay their income taxes.
- How Medicare premiums end up doing serious financial damage to retirement plans.
- How long-term care ends up becoming a huge financial liability for so many people.
- Products and tools you can use to shield your assets or cover gaps in the event of a health event.
- Why a financial plan helps you understand the unknown and make sense of the real risks you could be facing in retirement.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
As we head into Quarter 4 of 2022, Founding Partner Matt Peck, CFP®, CIMA®, will provide clarity when it comes to what is happening in the economy and how it will impact your retirement.
Market volatility. We’ve been hearing about it for what seems like forever now. And while we’d love to see continuous growth in our portfolios, in times like these, it feels like a yo-yo is painting the graph charts.
To help us better understand market behaviors, we’re thrilled to introduce you to one of our Financial Advisors here at SHP, Brian Roseman. Brian has been trading for over a decade. He’s celebrated big wins in the stock market, and also learned some hard lessons that he’ll be sharing with you today.
In this conversation, we get into how trading and market activities factor into your retirement plan. You’ll learn why investors make (and lose) money, how to avoid making mistakes that can put massive dents in your finances for years to come, and the critical components of a comprehensive financial plan.
In this podcast interview, you’ll learn:
- What causes movement in the market.
- Why no one is ever going to be able to consistently time the market to make more money.
- How market volatility should influence your portfolio and financial plan.
- What you can do to prevent making irrational decisions.
- How to create a financial plan that takes emotion out of your investing altogether and stop worrying about the markets, even on their worst days.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When we see a prospective client for the first time, they often have a portfolio. However, they don’t have a five-step plan. Even if they have a plan of some kind, they’ve rarely put much thought into health care planning.
The reason is simple: health care planning, and especially planning for long-term care, can be extremely complicated, expensive, and somewhat depressing. However, being proactive can save you huge sums of money later on–and give you the opportunity to enjoy your life to the fullest.
To discuss this topic, we’re joined by Patrick Randall. Patrick is an advisor on the SHP team. He believes that financial planning is a continual process, and works with our team to provide clients with peace of mind as they transition through every stage of life. He earned his BS in Finance from Bentley University and his MS in Finance from McCallum Graduate School of Business, and is on track to become a Certified Financial Planner as well.
In this episode, we explore why you need more than just Medicare to cover your medical expenses in retirement, why you need long-term care planning no matter how healthy you are right now, and how to build a long-term care plan that allows you to mitigate risk, reduce your burden onto your family, and protect your assets and legacy as best as possible.
In this podcast interview, you’ll learn:
- The six aspects of long-term care.
- Why women and people living alone are both more likely than men or couples to need long-term care.
- Why it can be very expensive to get on Medicaid.
- Why so many people believe their families will take care of them in the event of a health crisis–and why this scenario rarely plays out as anticipated.
- Why there’s no one-size-fits-all solution to long-term care planning–and how to choose the investment vehicles best suited to your situation.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When we see a prospective client for the first time, they often have a portfolio. However, they don’t have a five-step plan. Even if they have a plan of some kind, they’ve rarely put much thought into health care planning.
The reason is simple: health care planning, and especially planning for long-term care, can be extremely complicated, expensive, and somewhat depressing. However, being proactive can save you huge sums of money later on–and give you the opportunity to enjoy your life to the fullest.
To discuss this topic, we’re joined by Patrick Randall. Patrick is an advisor on the SHP team. He believes that financial planning is a continual process, and works with our team to provide clients with peace of mind as they transition through every stage of life. He earned his BS in Finance from Bentley University and his MS in Finance from McCallum Graduate School of Business, and is on track to become a Certified Financial Planner as well.
In this episode, we explore why you need more than just Medicare to cover your medical expenses in retirement, why you need long-term care planning no matter how healthy you are right now, and how to build a long-term care plan that allows you to mitigate risk, reduce your burden onto your family, and protect your assets and legacy as best as possible.
In this podcast interview, you’ll learn:
- The six aspects of long-term care.
- Why women and people living alone are both more likely than men or couples to need long-term care.
- Why it can be very expensive to get on Medicaid.
- Why so many people believe their families will take care of them in the event of a health crisis–and why this scenario rarely plays out as anticipated.
- Why there’s no one-size-fits-all solution to long-term care planning–and how to choose the investment vehicles best suited to your situation.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
For individuals with a pension, the decision to take or not to take a lump sum can be confusing. As interest rates rise, many plans could see a drop of 25-30% or more.
This could mean hundreds of thousands of dollars for some employees, and for many plans, this is very time sensitive.
Finding clarity on this subject isn’t always easy. That’s why we talk to people like today’s guest, Michael Martinez. Michael is the president of the Pension Group, where he helps individuals make the most of their retirement.
In this podcast interview, you’ll learn:
- How to retire with confidence when you have a pension.
- Who to reach out to so you can better understand the details of your pension.
- How the rising interest rates could impact your pension–and what to expect in the short and long-term.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When you hear about CPI, data points, Federal Reserve minutes, and news reports pertaining to interest rates, how do you apply them to your life–and your portfolio?
Making sense of the Fed and what it does isn’t easy. That’s why we talk to people like today’s guest, Andrew Opdyke. Andrew is a Senior Economist at First Trust, where he researches and studies the Fed and its actions.
In today’s conversation, you’ll learn what the Fed is trying to do to curb inflation (and whether or not it’s working), the factors that led to a rampant inflation environment, and what we can expect to see our economy do, both locally and globally, in the years to come.
In this podcast interview, you’ll learn:
- How we ended up with such extreme inflation over the last 2 years.
- Why the Fed is raising interest rates.
- How globalization and supply chain issues have shifted dramatically–and what to expect in the short and long-term.
- Why it’s so easy to get caught up in economic downturns–and how to avoid making emotional decisions in the face of adversity.
- Why Andrew doesn’t see a soft landing for our economy right now.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When most folks come into our offices for the first time, they have a portfolio of mutual funds, stocks, bonds, annuities, cash, real estate, and other assets. What they don’t have is a full financial plan.
At SHP, we have a team dedicated just to financial planning, and today’s guest, Nick Nelson, leads that team. Nick joined SHP Financial in June 2016 after beginning his career with an independent financial planning firm in downtown Boston. He’s a registered Financial Advisor, is Securities licensed, and he’s motivated and passionate about making a difference in the everyday aspects of people’s lives.
In today’s conversation, Nick joins the podcast to talk about his financial planning process with new clients, the risk factors you should be thinking about as you approach retirement age, and the key components of a comprehensive financial plan designed to allow you to live comfortably into old age and protect your legacy.
In this podcast interview, you’ll learn:
- How strong financial planning helped us add a million dollars of value to a client’s portfolio.
- Why so many people are comfortable with not having a plan–and how this can negatively impact them sooner than later.
- The three worlds of money you can invest in in retirement.
- Why tax strategy is coming up more than ever–and how to manage your liability when investing in a 401(k), IRA, 403(b), or 457.
- The five key areas where retirees make critical mistakes when it comes to planning.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
In our industry, there’s a saying: the two people in your life that you want to make sure are younger than you are your financial advisor and your doctor. After all, if you’re 50 or 60 and working with a financial advisor who’s the same age as you, guess what they’re going to be doing in 5, 10, or 15 years? When you retire, they’ll probably retire too!
To discuss this topic, we’re thrilled to be chatting with Chase Reardon, who’s in-house with us here at SHP Financial–and one of our younger advisors. He’s passionate about getting to know his clients on a personal level and a financial level to help them retire successfully.
In this podcast, we discuss the advantages–logistical, technological, and otherwise–that come with working with a younger advisor. You’ll learn about the unique mindset that younger advisors bring to our industry, how they’re working to evolve the field, and several factors to consider as you build your retirement plan, no matter your (or your advisor’s) age.
In this podcast interview, you’ll learn:
- Why you may need a succession plan not just for yourself, but for your financial advisor, when you work with someone your age or older.
- How working with a younger advisor can give you access to new financial planning tools, including cloud-based modeling and risk analysis solutions.
- Why COVID, interest rates, and inflation have changed how younger advisors think about, approach, and build financial plans.
- How to ensure you’ll have long-term continuity with your financial advisor.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
A successful retirement isn’t just about your investments. For many retirees, the biggest, most crucial thing is having a comprehensive retirement plan–of which the portfolio is a big piece. What many people don’t realize is just how much work goes into the plan. Even if you have a financial advisor, you might just be getting the portfolio–not the planning or the strategies to address taxes, legacy, cash flow, and more. In today’s episode, we’re talking about why a good financial plan matters, why they’re going to remain important for years to come, and potential gaps in your own retirement strategy to fill in as you chart a path, secure your future, and live your dream.
In this podcast interview, you’ll learn:
- The value of having a team of specialists who can all execute in different areas.
- What’s missing from your retirement plan when all you have is a portfolio.
- Why it’s so easy to accidentally pay egregious and unnecessary fees when working with financial professionals.
- What a deep dive into tax planning looks like–and why it’s a lot more than looking at your taxes in the rearview.
- How a strong financial plan makes it easy for clients to assess their assets, investments, cash flow, legal documents, and net worth in a matter of seconds.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
How do you choose between working full-time and doing everything else you’ve ever wanted to do with your life? When’s the right time to retire, and will you have the money to do it?
Today, we’re talking to Anne Lester. For 29 years, Anne was portfolio manager and head of retirement solutions for J.P. Morgan. Since leaving J.P. Morgan, she’s become a regular commentator on CNBC and Bloomberg, and you may have seen her writing in the Wall Street Journal and New York Times.
In our conversation, Anne shares the story of how she fell in love with finance, her thoughts on the FIRE (Financially Independent, Retire Early) movement, and how she’s been able to live a richer life while having the career and home life she always wanted.
In this podcast interview, you’ll learn:
- Why the financial industry does such a bad job of recruiting and retaining women.
- Anne’s advice to anyone starting out in the financial industry.
- Anne’s thoughts on the FIRE (Financially Independent, Retire Early) movement.
- Why it’s so hard to convince someone who grew up poor or middle class to retire in their mid-50s.
- Anne’s three basic rules for financial planning.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
As the war between Russia and Ukraine rages on, Founding Partner Matt Peck, CFP®, CIMA®, will continue to break down this war and its financial implications in market updates.
In the video above, Matt discusses:
- Developments in the war, highlighting the immediate and anticipated fallout from the invasion of Ukraine
- Effects on the Federal Reserve and its response
- The impact on the interwoven markets
- Questions you can ask yourself as to how you should respond when it comes to your financial planning
Our hearts continue to break for the people of Ukraine. We hope they will soon be able to achieve peace and end this terrible war.
A week after the tragic invasion of the Ukraine began, uncertainty reigns. How will this military action affect the markets? Inflation? Global growth? Today we're joined by Founding Partner, Matt Peck, CFP®, CIMA® to learn more about the potential implications of the largest land war in Europe since World War II.
Most importantly, our thoughts and prayers are with the Ukrainian people and those in the line of fire.
The chart mentioned can be found here: https://lplresearch.com/2020/01/08/how-stocks-do-during-geopolitical-events/
For many business owners, insurance is all but guaranteed to be a massive part of their portfolio. Though it may seem simple at first, entrepreneurs rely on insurance products to safeguard their companies from risk, and the wrong coverage can create liabilities, hinder growth, and negatively impact one’s retirement.
Joining me to discuss these topics is Tom Rogers. Tom is the Chief Growth Officer at FBinsure–a full-service independent insurance agency serving personal, commercial, and benefits clients here in the Northeast. He’s a 20-year insurance industry veteran, and he’s uniquely focused on challenging the traditional insurance buying process in favor of a holistic advisory approach.
In today’s conversation, we talk to Tom about how business owners can ensure that they’re protected while executing on powerful growth strategies.
In this podcast interview, you’ll learn:
- The biggest risks for business owners–and why a small problem can snowball into a seven-figure loss if it goes to litigation.
- New potential liabilities facing business owners that they may not be insured for under a conventional policy.
- The unique challenges of purchasing commercial insurance–and how to find the broker and coverage that’s right for you.
- How business insurance fits into an entrepreneur’s estate plan.
- Why you should always get a second opinion before committing to an insurance plan.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
We all have financial goals. However, even when we have a plan in place, it’s not always the right plan–and sometimes our plans can do more harm than good. How does this happen, why do we sometimes cling to bad decisions, and what can we do to stop making these mistakes? To help answer these questions, we’re talking to Zeke Waisel. Zeke is a Behavioral Financial Advisor, as well as a CERTIFIED FINANCIAL PLANNER™. His unique training allows him to look past the numbers to understand why clients are (or aren’t) meeting their financial goals, make sense of behavioral biases, and create better plans.
In this episode, Zeke explains to us what exactly makes a BFA so unique, some of the biggest mistakes that people swear by when they make investments (both good and bad), and the unique challenges facing Millennial and Gen-X investors compared to their parents and grandparents.
In this podcast interview, you’ll learn:
- Common situations in which behavioral bias trumps sound thinking.
- Why younger investors are often more conservative with their money–and why Robinhood investors are often just gambling.
- Zeke’s biggest pieces of advice for young people.
- How to get a handle on your budget.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Most people aren’t proactive in their tax planning, either during their professional careers or in retirement, and the consequences can be grave. Tax law is constantly changing, the IRS is harder than ever to work with, and a missed opportunity or a stone left unturned can make a massive difference when it comes to your bottom line.
This is why we work with people like Peter Roache. Peter is a CPA from Donellon, Orcutt, Patch, & Stallard, specializing in handling tax returns, financial statements, and management consulting for companies with annual revenue between $100,000 and $100 million. He’s a fantastic tax planner and someone we love to work with.
Today, Peter joins us to talk about how to manage tax risk, diversify your taxes in retirement, and what the future of taxation may look like across legacies and generations.
In this podcast interview, you’ll learn:
- Why tax codes are getting more and more complex.
- How Peter uses today’s tax rates to determine the value of Roth conversions for the future.
- Why so many people end up in a higher tax bracket after retiring.
- How the “backdoor mega Roth conversion” can work within a 401(k) to move nondeductible money and get many years worth of contributions in one.
- What you need to know about tax loss harvesting.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
When we’re working with families to create retirement plans, one thing comes up more than almost any other: taxes. Families want to know how to best tax plan, craft strategies, and implement ideas to protect themselves in the face of fast-changing, sometimes volatile legislation.
For this conversation, we’re joined by Mark Kenney. Mark is a CFP and advisor here at SHP, and he has tons of experience helping people create effective retirement plans. Today, we’re starting from the beginning and sharing a number of things you can do right now to assess your retirement and make sure you’re on the right path.
In this podcast interview, you’ll learn:
- The difference between an IRA and a Roth IRA.
- How the SECURE Act has changed inheritance–and how to best cascade wealth across generations.
- How required minimum distributions can significantly impact your Social Security taxes and Medicare Part B premiums.
- How to determine when to execute a Roth conversion.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Health insurance is one of the most confusing systems in America—and Medicare is rarely any easier to understand than the co-pays, deductibles, and other costs that people deal with before age 65. As great as it would be to transition seamlessly into Medicare coverage, few are able to do so without risking being partially uninsured or overinvesting in the wrong coverage.
To better understand Medicare coverage, we’re talking to Scott Hokanson. Scott is licensed as both a Medicare Supplement and Medicare Advantage Expert, as well the Owner of Brabo Insurance, which works with over 500 small businesses and over 10,000 employees situated between Cape Cod and Boston.
In this conversation, we discuss what Medicare is, the penalties and taxes associated with healthcare for retirees, and a wide variety of different strategies you can use to not only get the coverage you need, but reduce your expenses in other ways as you approach and enter retirement.
In this podcast interview, you’ll learn:
- Why Medicare Part A is good (but not fully comprehensive) healthcare coverage.
- Supplemental Medicare plans Scott recommends to most of his clients.
- What makes Medicare uniquely frustrating for doctors and hospitals.
- The common mistakes that people make with health savings accounts.
- Why Medicare prescription plans are awful—and how you can find less expensive medicines.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Estate planning helps us protect the people who matter most to us. It ensures that our legacy is carried out the way we want it to be and protects the people we love. It’s one of the most important pieces of a retirement plan—and there are many ways for this process to go wrong.
To help us understand how to build robust, comprehensive estate plans, we’re joined by attorney Keith McManus. Based in Cape Cod and Plymouth, Massachusetts, he’s the founder of McManus Estate Planning, and has helped thousands of families and individuals successfully transfer wealth across generations since 1996.
Today, Keith joins the podcast to give us a basic breakdown of estate planning documents, the common misconceptions about estate planning, and the pitfalls he sees in many estate plans.
In this podcast interview, you’ll learn:
- When it’s the right time to start estate planning—and when to revisit your estate plan.
- How major legislation like the SECURE Act can dramatically change an estate plan.
- Why having only a will is a massive mistake—and why Keith recommends working with a highly specialized estate planning lawyer.
- The major taxes that come into play when transferring wealth across generations.
- Why there’s no one-size-fits-all approach to estate planning.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube
Everyone has an origin story—including SHP. Today’s first episode of the Retirement Road Map® podcast is all about our backgrounds, who we are, and why we hold the values of financial planning so true to our heart.
For us, it’s all about the ripple effect. It's not just our clients that we're helping win at life, but it's their families and friends. We believe what we do here at SHP really does make a difference and can change the lives of many people, both directly and indirectly.
We share the stories of how we came to this industry, the hard work we did along the way, and how we discovered explicitly what we did not want to be as we created a highly accomplished client-focused financial advisory firm over the last twenty years.
In this podcast discussion, you’ll learn:
- The massive trap that so many financial advisors currently fall into.
- Why Derek, Matt, and Keith launched their own company in their mid-twenties.
- Why so many clients feel like the victims of a bait and switch after signing on with a financial advisor.
- What makes SHP’s five-step process to financial advisory so unique.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
- YouTube