Financial Planning Explained: Recent Episodes
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Learn about investment strategies, how much you can spend in retirement, ways to reduce taxes, Social Security benefits, Roth IRA conversions and contributions, portfolio diversification, creating retirement income, and more. At Menninger & Associates, our philosophy is based on the fundamentals of financial planning. Further, we strongly believe that education and knowledge are powerful. In the end, all decisions are ultimately made by our clients, so each client knows why they are making those decisions thanks to our extremely informative meetings. Tune into this educational channel to learn strategies used every day!
Michael Menninger, CFP - Investment Advisor Representative. Securities and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC, a broker-dealer and registered investment adviser. Cetera is under separate ownership from any other named entity. Tax planning services offered by Menninger & Associates. For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice. Distributions from traditional IRAs and employer sponsored retirement plans are taxed as ordinary income and, if taken prior to reaching age 59½, may be subject to an additional 10% IRS tax penalty. Converting from a traditional IRA to a Roth IRA is a taxable event. A Roth IRA offers tax free withdrawals on taxable contributions. To qualify for the tax-free and penalty-free withdrawal of earnings, a Roth IRA must be in place for at least five tax years, and the distribution must take place after age 59½ or due to death, disability, or a first-time home purchase (up to a $10,000 lifetime maximum). Depending on state law, Roth IRA distributions may be subject to state taxes. Investing in mutual funds is subject to risk and loss of principal. There is no assurance or certainty that any investment strategy will be successful in meeting its objectives. Before investing, the investor should consider whether the investor’s or beneficiary’s home state offers any state tax or other benefits available only from that state’s 529 plan. Menninger & Associates, 820 Adams Avenue, Suite 100, Trooper, PA 19403
This week on Financial Planning: Explained, host Michael Menninger, CFP®, welcomes back Cheryl Lagunilla, Health Insurance Advisor at Focused Health Access, to continue their Medicare discussion with a practical, real-world case study and an in-depth look at IRMAA (Income-Related Monthly Adjustment Amount).
Building on the Medicare fundamentals covered in Part I, Mike and Cheryl walk through a realistic Medicare planning scenario to demonstrate how coverage decisions, enrollment timing, and income can affect healthcare costs in retirement. They also explain how IRMAA works, who is affected, and why higher-income retirees may pay increased premiums for Medicare Part B and Part D.
The conversation highlights common situations retirees face when enrolling in Medicare, strategies for minimizing unexpected costs, and the importance of incorporating healthcare planning into an overall retirement strategy. Whether you're nearing Medicare eligibility, already enrolled, or helping a loved one navigate the process, this episode offers practical insights to help you make more informed decisions.
Listeners will gain valuable insight into:
- What IRMAA (Income-Related Monthly Adjustment Amount) is and how it works
- How income affects Medicare Part B and Part D premiums
- A real-life Medicare case study and planning example
- Common Medicare enrollment and planning mistakes
- Strategies to help reduce unexpected Medicare costs
- How healthcare decisions fit into a comprehensive retirement plan
- Tips for evaluating Medicare coverage based on your personal situation
- Why proactive Medicare planning can help you avoid costly surprises
Understanding how Medicare premiums are calculated—and how your financial decisions can impact your healthcare costs—is an essential part of retirement planning. This episode provides practical guidance and real-world examples to help simplify Medicare planning and prepare you for the road ahead.
For more information on Menninger & Associates Financial Planning, visit: https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP®, is joined by Cheryl Lagunilla, Health Insurance Advisor at Focused Health Access, for a comprehensive discussion on Medicare and Medicaid—two of the most important healthcare programs for retirees and those approaching retirement.
In this episode, Mike and Cheryl break down the fundamentals of Medicare, including Part A (hospital insurance) and Part B (medical insurance), before exploring the different coverage options available, such as Medicare Advantage (Part C), Medigap (Medicare Supplement Insurance), and Part D prescription drug coverage. They also discuss how Medicaid works alongside Medicare, who may qualify for additional financial assistance, and the programs that can help reduce healthcare costs.
The conversation also covers critical Medicare enrollment deadlines, common enrollment mistakes, and how to avoid costly late enrollment penalties that can impact your healthcare expenses for years to come. Whether you're approaching age 65, helping a family member navigate Medicare, or simply planning ahead for retirement, this episode provides practical guidance to help you make informed healthcare decisions.
Listeners will gain valuable insight into:
- Medicare Part A and Part B explained
- Medicare Advantage (Part C) vs. Medigap coverage
- Understanding Medicare Part D prescription drug plans
- Medicaid eligibility and additional financial assistance programs
- Medicare Savings Programs and Extra Help
- Initial Enrollment Period and Special Enrollment Period rules
- How to avoid Medicare late enrollment penalties
- Common Medicare mistakes and how to avoid them
- Healthcare planning as part of a comprehensive retirement strategy
- Tips for choosing the right Medicare coverage for your needs
Understanding your healthcare options is a critical part of successful retirement planning. This episode helps simplify the often-confusing Medicare and Medicaid landscape so you can make confident decisions about your coverage and future healthcare costs.
For more information on Menninger & Associates Financial Planning, visit: https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP®, welcomes back regular guest Brad Sorensen, CFA, Portfolio Manager and Outsourced Chief Investment Officer at Cornerstone Portfolio Research, for an in-depth discussion on the latest stock market outlook and the key events shaping the global economy.
In this episode, Mike and Brad examine whether today's stock market valuations remain justified as corporate earnings continue to surprise to the upside. With second-quarter earnings showing strong growth across several sectors, investors are asking an important question: Can the market continue climbing, or are risks beginning to outweigh the opportunities?
The conversation explores the current investment landscape, including the impact of the ongoing crisis in the Middle East, geopolitical uncertainty, inflation trends, interest rate expectations, and how global events may influence markets in the months ahead. Mike and Brad also discuss investor sentiment, economic growth prospects, and what recent earnings data may signal for the future direction of stocks.
Whether you're an investor, retiree, financial advisor, or simply interested in understanding today's markets, this episode provides practical perspectives on navigating uncertainty while maintaining a disciplined, long-term investment approach.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP® welcomes back regular guest Brad Sorensen, CFA, Portfolio Manager and Outsourced Chief Investment Officer at Cornerstone Portfolio Research.
In this episode, Mike and Brad discuss the current state of the stock market, examining the latest economic data, market trends, and the key forces shaping today's investment landscape. They break down what's driving recent market performance, how stocks and bonds are reacting to changing economic conditions, and what investors should expect in the months ahead.
The conversation covers inflation, interest rates, Federal Reserve policy, corporate earnings, economic growth, and investor sentiment, while offering practical insights into navigating market volatility with confidence. Brad also shares his perspective on maintaining a disciplined, long-term investment strategy and avoiding common emotional investing mistakes during uncertain times.
Whether you're an investor, retiree, financial advisor, or simply looking to better understand today's markets, this episode provides valuable insight into the current market environment, what it means for your portfolio, and the opportunities and risks investors should be watching moving forward.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP® welcomes back regular guest Brad Sorensen, CFA, Portfolio Manager and Outsourced Chief Investment Officer at Cornerstone Portfolio Research.
In this episode, Mike and Brad break down the performance of the financial markets during the second quarter of 2026, discussing the key economic events that influenced stocks, bonds, and investor sentiment throughout the quarter.
They examine the latest developments in inflation, interest rates, economic growth, corporate earnings, and Federal Reserve policy, while providing perspective on what these trends could mean for investors heading into the second half of the year.
Brad also shares his insights on navigating ongoing market uncertainty, maintaining a disciplined long-term investment strategy, and avoiding emotional decision-making during periods of volatility.
Whether you're an investor, retiree, financial advisor, or simply interested in understanding today's financial markets, this episode offers valuable insight into the Q2 2026 market recap, current economic conditions, and what investors should be watching next.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP®, and Nick DeVito, CFP®, continue their Social Security Survivor Benefits case study series with Part 3, focusing on three critical retirement planning strategies: IRMAA, the Rule of 72, and Roth IRA conversions.
Building on the previous episodes, Mike and Nick explore how income planning, taxes, and investment decisions all work together when creating a successful retirement strategy. They break down how the Income-Related Monthly Adjustment Amount (IRMAA) can impact Medicare premiums, why proactive tax planning matters, and how retirees can potentially avoid unexpected increases in healthcare costs.
The conversation also dives into the Rule of 72, a simple but powerful financial concept that helps investors understand how long it may take their money to double over time. Mike and Nick explain how this rule can provide perspective when evaluating growth, inflation, and long-term retirement planning decisions.
A major focus of this episode is Roth IRA conversions and how they can be used as a tax-planning tool. They discuss when conversions may make sense, how tax brackets impact conversion decisions, and why strategically managing taxable income throughout retirement can help preserve more wealth for the future.
Through this real-world financial planning case study, viewers will learn why Social Security, Medicare, investment management, and tax strategy should all be coordinated as part of a comprehensive retirement plan — especially during major life transitions like becoming a surviving spouse.
Whether you're approaching retirement, managing inherited assets, navigating Medicare decisions, or looking for ways to reduce future taxes, this episode provides practical retirement planning insights to help you make more informed financial decisions.
For more information on Menninger & Associates Financial Planning, visit: https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP®, and Nick DeVito, CFP®, continue their in-depth Social Security Survivor Benefits case study by exploring one of the most overlooked planning opportunities: unrealized capital gains.
Building on Part 1, Mike and Nick examine how appreciated investments and unrealized capital gains can influence a surviving spouse's long-term financial strategy. Through a real-world financial planning scenario, they explain how inherited assets receive a step-up in cost basis, how capital gains are taxed after the death of a spouse, and why understanding these rules can help families minimize taxes while maximizing retirement income.
Throughout the episode, they demonstrate how Social Security survivor benefits should never be viewed in isolation. Instead, they show how coordinating survivor benefits with investment portfolios, capital gains planning, tax-efficient withdrawals, and estate planning can create a more comprehensive and effective retirement strategy.
Whether you're planning for retirement, helping aging parents, managing inherited investments, or simply looking to make smarter financial decisions, this episode provides practical insights that can help you preserve more of your wealth and avoid costly mistakes.
For more information on Menninger & Associates Financial Planning, visit: https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP® sits down with Nick DeVito, CFP® walk through a real-world Social Security Survivor Benefits case study, demonstrating how claiming decisions can significantly impact retirement income, financial security, and long-term planning outcomes.
Using a practical financial planning scenario, Mike and Nick explain how survivor benefits work, who qualifies, and the strategies available to surviving spouses when navigating Social Security claiming decisions. They break down key rules surrounding survivor benefits, including eligibility requirements, timing considerations, benefit calculations, and common mistakes that can reduce lifetime benefits.
Throughout the episode, they highlight how Social Security survivor benefits fit into a comprehensive retirement income plan and why coordinating these benefits with other assets, pensions, investments, and tax strategies is essential for maximizing financial security.
Whether you're approaching retirement, currently receiving Social Security benefits, planning for a spouse's future financial well-being, or simply looking to better understand your options, this episode provides valuable insights and actionable strategies to help you make informed decisions.
For more information on Menninger & Associates Financial Planning, visit: https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP® walks through a comprehensive estate planning case study, illustrating how thoughtful planning can help families protect assets, minimize taxes, and ensure their wishes are carried out efficiently.
Using a real-world financial planning scenario, Michael breaks down the key components of an effective estate plan, including wills, trusts, beneficiary designations, powers of attorney, healthcare directives, and strategies for transferring wealth to future generations. He also highlights common estate planning mistakes that can create unnecessary costs, delays, and family conflicts.
Throughout the episode, Michael explains how estate planning integrates with a broader financial plan and why regularly reviewing your estate documents is essential as your family, assets, and goals evolve over time.
Whether you're building your first estate plan, updating existing documents, planning for retirement, or looking to preserve your legacy for your loved ones, this episode provides practical insights and actionable strategies to help you make informed decisions.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on "Financial Planning: Explained", host Michael Menninger, CFP sits down with Michael Mandio. Michael is the Vice President of Production, Community Mortgage Team for AnnieMac Home Mortgage. AnnieMac is a nationwide residential mortgage lender. They help homebuyers and homeowners secure financing for purchasing properties, refinancing current loans, and accessing home equity.
In this episode, Michael and Mike discuss AnnieMac and how they help home buyers through the buying process. The guys also discuss the Cash2Keys program, which lets buyers leverage cash offers to skip the stress or bidding wars and put themselves in the best position to win housing bids. This is a great episode for anyone purchasing a new home or refinancing a current home.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Mackensie Ellis. Mackensie is a student loan professional at Juno. Juno student loans uses collective bargaining power to negotiate better rates on undergraduate, graduate, and refinance student loans.
In this episode, Mackensie and Mike talk about loan repayment after graduation. The two get into refinance options, loan deferment, and public service loan forgiveness. This is a great episode for students of any age or students who have recently graduated looking for repayment options.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on "Financial Planning: Explained", host Michael Menninger, CFP welcomes Mackensie Ellis. Mackensie is a student loan professional at Juno. Juno student loans uses collective bargaining power to negotiate better rates on undergraduate, graduate, and refinance student loans.
In this episode, Mackensie and Mike discuss what Juno is an how the service works. They also talk about federal vs private student loans, along with the pros and cons of each. Other topics include: Parent PLUS loans and Stafford loans. This is a great episode for students of any age that are looking to negotiate a better student loan rate, or refinance their current loan.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Shellee Howard. Shellee is the Founder & CEO of College Ready. College Ready helps students stand out through strategic college planning proven to strengthen applications, increase scholarship offers, and simplify every step of the admissions journey. This is part two of a four-part series on college planning.
In this episode, Shellee and Mike discuss the process of Shellee's company and how they guide students to make educated choices when college planning. They also discuss considerations and opportunities post-grad that students should consider when choosing a school. This is a great episode for any student or parent of a student that is gearing up for college.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on "Financial Planning: Explained", host Michael Menninger, CFP welcomes Shellee Howard. Shellee is the Founder & CEO, College Ready. College Ready helps students stand out through strategic college planning proven to strengthen applications, increase scholarship offers, and simplify every step of the admissions journey. This is part one of a four-part series on college planning.
In this episode, Shellee and Mike discuss how students can differentiate themselves beyond grades, how to give students clarity on what they may want to do, and the admissions process. This is a great episode for any student or parent of a student that is gearing up for college.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Rob Delany. Rob is the CEO of BLOCS - Business Leadership Organized for Catholic Schools. BLOCS is committed to providing eligible families access to high-quality, values based private or faith-based education, providing students with a positive and successful pathway forward.
In this episode, Rob and Mike discuss the Pennsylvania Educational Improvement Tax Credit Program (EITC). The guys talk about tax credits and deductions, how to go about making charitable donations, and BLOCS role in the process. This is a great episode that provides valuable insights for anyone seeking potential charitable donations to a great program.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on "Financial Planning: Explained", host Michael Menninger, CFP welcomes back regular guest, Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research.
In this episode, the guys recap the performance of the stock market in the first quarter of this year. They detail the markets performance with respect to the labor market, inflation, and touch on the significant market volatility in the first quarter of 2026. This is a great episode for anyone keeping a close eye on the market and what to expect in the foreseeable future.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Lily Vittayarukskul. Lily is the Co-Founder and CEO at Waterlily. Waterlily uses AI to project your future long-term care needs, helping you build a personalized plan.
In this episode, Lily and Mike discuss her time as a NASA data scientist and what brought her into the world of long-term care. They then discuss the software that Lily developed and how it uses AI to accurately project long-term care needs. This is a great episode that provides valuable insights for anyone seeking more information on long-term care and how to track it.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Michael Rowe. Michael is an insurance brokerage director at Helmick & Co. This is the second episode in a two-part series on long-term care.
In this episode, Michael and Mike discuss funding long-term care. Whether it is self funded, traditional long-term, or hybrid policies, the guys detail each option. They also talk about when the right time is to consider long-term care as well as underwriting. This is a great episode that provides valuable insights for anyone seeking more information on long-term care and the process of coverage.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Michael Rowe. Michael is an insurance brokerage director at Helmick & Co. This is the first episode in a two-part series on long-term care.
In this episode, Michael and Mike discuss home care. The guys discuss Medicare, Medicaid, and the importance of caregivers. This is a great episode that provides valuable insights for anyone seeking more information on long-term care and the process of coverage.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on "Financial Planning: Explained", host Michael Menninger, CFP welcomes back Michelle Piscopo. Michelle is an attorney at Blank Rome. This is the second episode in a two-part series on matrimonial & family law.
In this episode, Michelle and Mike discuss what you should do to prepare for a divorce. They discuss prenuptial and postnuptial agreements, forensic accountants, and alimony. This is a great episode that provides valuable insights for anyone seeking council in matrimonial and family law.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Michelle Piscopo. Michelle is an attorney at Blank Rome. This is the first episode in a two-part series on matrimonial & family law.
In this episode, Michelle and Mike discuss multiple facets when it comes to divorce. They touch on distribution of assets, custody, and child support. This is a great episode that provides valuable insights for anyone seeking council in matrimonial and family law.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on "Financial Planning: Explained", host Michael Menninger, CFP concludes a two-part series on the impact of financial planning on different age groups. He then addresses common Q&A questions regarding the groups.
In this episode, Mike discusses the later three age groups focused on when it comes to financial planning, these are building a family, pre-retirement, and retirement. Topics include: term life vs whole life insurance, paying off your home, RMDs, and withdrawing money during retirement. This is a great episode for parents with children, folks nearing retirement, and retirees.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP begins a two-part series on the impact of financial planning on different age groups. He then addresses common Q&A questions regarding the groups.
In this episode, Mike discusses the two youngest core age groups focused on when it comes to financial planning, these are teens & college students as well as young professionals. Topics include: saving for college, credit cards, and building credit. This is a great episode for teens, college students, and young professionals.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Anylise Crouthamel, Esq. and Doug Kaune, Esq. Anylise and Doug are estate planning attorneys at Unruh, Turner, Burke, & Frees PC. Unruh Turner Burke & Frees helps clients navigate the increasingly complicated legal and regulatory world.
In this episode, Anylise, Doug, and Mike talk discuss the many facets of elder care law. They discuss irrevocable trusts, wills, and taking assets. They then discuss a case study where they explore trust planning options for a mother with four children (trustees). This is a great episode for anyone who wants a more concrete insight into elder care, wills, and trusts.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Andrew Mirolli, CEPA. Andrew is the Co-founder and Head of Client Services at BuyAUM. This is the third episode of a three-part series discussing business succession planning through the lens of a financial planner.
In this episode, Andrew and Mike discuss the purchasing of another book of business and the planning, terms, and nuances associated with it. They also talk about things advisors should consider once they sell the business and fears related to selling their practice. This is a great episode for any advisor considering the purchase of another book of business or selling their own firm.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Andrew Mirolli, CEPA. Andrew is the Co-founder and Head of Client Services at BuyAUM. This is the second episode of a three-part series discussing business succession planning through the lens of a financial planner.
In this episode, Andrew and Mike talk about what steps to take if your financial planner either retires, or something unexpected happens to them. The two discuss key things to look for and questions individuals should be asking a new advisor, as well as from the advisor perspective, what to do in order to protect clients in the event something happens to them. This is a great episode for anyone who is working with an advisor who may be on the doorstep of retirement.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Andrew Mirolli, CEPA. Andrew is the Co-founder and Head of Client Services at BuyAUM. This is the first episode of a three-part series discussing business succession planning through the lens of a financial planner.
In this episode, Andrew and Mike talk about what steps to take if your financial planner either retires, or something unexpected happens to them. The two discuss key things to look for and questions individuals should be asking a new advisor, as well as from the advisor perspective, what to do in order to protect clients in the event something happens to them. This is a great episode for anyone who is working with an advisor who may be on the doorstep of retirement.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This is the final episode of a three-part series discussing this past years market performance and the outlook for 2026.
In this episode, Mike and Brad discuss the stock market outlook for 2026. The guys talk about uncertainty moving forward when it comes to interest rate cuts, the labor market, effects from holiday spending, the government shutdown, and tax refunds. This is a great episode for anyone seeking insight on how 2026 could potentially shape up and what to look out for in the markets.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This is the second episode of a three-part series discussing this past years market performance and the outlook for 2026.
In this episode, Brad and Mike talk about the current state of the economy. The guys discuss the current political situation in Venezuela, tariffs, unemployment, and inflation. This is a great episode for anyone seeking a better understanding of how things currently stand in the stock market, and why.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This is the first episode of a three-part series discussing this past years market performance and the outlook for 2026.
In this episode, Mike and Brad discuss market performance in 2025 vs. prior years, PE Ratio (price-earnings), valuations, and unemployment. This is a great episode for anyone looking for a better understanding of how the markets performed in 2025 and why.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Nick DeVito. Nick is a partner and financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Nick discuss the best practices when it comes to cash management. Cash management one of the six core areas of financial planning. The guys discuss debt consolidation, HELOCs, and basic organizational practices on ways to track your spending. This is a great episode for almost anyone that could use tips on how to better manage your cash and/or debt.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Nick DeVito, CFP. Nick is a partner and financial planner at Menninger & Associates Financial Planning. This is part two of a two-part series on employer stock plans.
In this episode, Mike and Nick discuss the the various forms of employer stock and how to incorporate it in your financial plan. The guys talk about ESOP (Employee Stock Ownership Plan) as well as 401(k) / NUA (Net Unrealized Appreciation). This is a great episode for anyone who has a stock program with their employer.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Nick DeVito. Nick is a partner and financial planner at Menninger & Associates Financial Planning. This is part one of a two-part series on employer stock plans.
In this episode, Mike and Nick discuss the the various forms of employer stock and how to incorporate it in your financial plan. The guys discuss RSUs (Restricted Stock Units), ESPP (Employee Stock Purchase Program), and stock options (both non qualified & incentive). This is a great episode for anyone who has a stock program with their employer.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Nick DeVito, CFP. Nick is a partner and financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Nick discuss retirement plan contributions, employer match, traditional 401(k) vs. Roth, and beginning of the year tax planning. This is a great episode for anyone as beginning of the year planning ties directly in to year-end planning.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Nick DeVito. Nick is a partner and financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Nick discuss the concept of tax-loss harvesting. The guys discuss what exactly the concept means, strategies used, and the interesting concept of tax-gain harvesting. This is a great episode for anyone who wants a little more clarity on the concept of tax-loss harvesting.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Kyle Ryan, CFP, ChFC. Kyle is a partner and financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Kyle discuss the One Big Beautiful Bill Act that was recently passed by Congress. The guys talk about exactly what the bill changed, the tax ramifications of the bill, and then discuss SALT (state and local tax). This is a great episode for anyone seeking a comprehensive overview of the new bill.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Harris Gubin. Harris is the president and franchise coach at Corner Booth Franchise Consulting. This is the second episode of a two-part series on business franchising.
In this episode, Harris and Mike talk about the benefits of using a business franchise consultant, how to recognize your strengths and weaknesses as a franchisee, and what a franchisor should provide you with in support. This is a great episode for anyone looking to franchise a business.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down Harris Gubin. Harris is the president and franchise coach at Corner Booth Franchise Consulting. This is the first episode of a two-part series on business franchising.
In this episode, Harris and Mike discuss what business franchising is, categories of businesses that franchise, and funding the initial investment for the business. This is a great episode for anyone looking to franchise a business.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Nick DeVito, CFP. Nick is a partner and financial planner at Menninger & Associates Financial Planning. This is the second episode of a two-part series on pension plans.
In this episode, Mike and Nick talk about pension election options & survivor benefits as well as factors to weigh such as lump sum vs. annuities. This is a great episode for anyone with a pension plan.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Nick DeVito, CFP. Nick is a partner and financial planner at Menninger & Associates Financial Planning. This is the first episode of a two-part series on pension plans.
In this episode, Mike and Nick discuss what a pension is, the formula to calculate a pension, and lump sum vs. monthly payment options. This is a great episode for anyone who has a pension plan.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This episode discusses the market outlook for the fourth quarter and beyond.
In this episode, Brad and Mike talk about tariffs, the current job market, earning projections, and future rate cuts by the Fed. This is a great episode to get some insight on what the stock market could do next quarter.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This episode discusses the third quarter performance in the markets.
In this episode, Brad and Mike discuss how the markets performed in the third quarter, growth stocks in 1999 vs. 2025, and PE ratio vs. PEG ratio. This is a great episode to catch up on the current status of the stock market.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Steve Gannon and Kyle Ryan, CFP, ChFC. Steve is the president and founder of Gannon Insurance Agency. This is the second episode of a two-part series on property & casualty insurance.
In this episode, the guys talk about umbrella liability insurance from a business vs personal standpoint. They also discuss vehicle insurance and how coverage is determined when driving someone else's car, along with insurance pertaining to Uber and Lyft services. This is a great episode for anyone who has questions about any form of property or casualty insurance.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is joined by Steve Gannon and Kyle Ryan, CFP, ChFC. Steve is the president and founder of Gannon Insurance Agency. This is the first episode of a two-part series on property & casualty insurance.
In this episode, the guys discuss increases in insurance due to inflation, full tort vs. limited tort insurance, and coverage options for home insurance. This is a great episode for anyone who has questions about any form of property or casualty insurance.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Nick DeVito. Nick is a partner and financial planner at Menninger & Associates Financial Planning. This is the second episode of a two-part series on estate planning.
In this episode, Mike and Nick talk about the utilization of trusts for the sake of distributing assets through generations. The guys then dive deep into the taxation of estates on both the federal and state levels. This is a great episode for anyone who has questions about estate planning, wills, or trusts.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is joined by Nick DeVito. Nick is a partner and financial planner at Menninger & Associates Financial Planning. This is the first episode of a two-part series on estate planning.
In this episode, Mike and Nick discuss wills, trusts, and pitfalls that people regularly run into regarding trusts. They give a few examples of strategies used to overcome these pitfalls. The guys will dig deeper in part II talking about advanced concepts of estate planning. This is a great episode for anyone who has questions about estate planning, wills, or trusts.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Kyle Ryan, CFP, ChFC. Kyle is a partner and financial planner at Menninger & Associates Financial Planning. This is the second episode of a two-part case study.
In this episode, Mike and Kyle continue discussing a case study that deals with all aspects of financial planning. Specifically, the guys cover strategies that will help this family regarding tax planning and estate planning. This is a great episode for anyone who has questions within the entire scope of financial planning.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is joined by Kyle Ryan, CFP, ChFC. Kyle is a partner and financial planner at Menninger & Associates Financial Planning. This is the first episode of a two-part case study.
In this episode, Mike and Kyle discuss a case study that deals with every aspect of financial planning, including: cash management, tax planning, insurance planning, investment management, retirement planning, and estate planning. The guys begin to discuss strategies but will dig deeper in part II. This is a great episode for anyone who has questions within the entire scope of financial planning.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. This is the second episode of a two-part case study.
In this episode, Mike and Nick continue discussing a case study that deals with debt management and inheritance. They guys uncover strategies to help the family with their debt problem, then explore options on how to handle their upcoming inherited IRA. This is a great episode for anyone who is in debt and concerned about their financial future.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is joined by with Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. This is the first episode of a two-part case study.
In this episode, Mike and Nick discuss a case study that deals with debt management and inheritance. This episode covers a couple in their 40s with three children. We discuss the current debt they are in, along with their financial planning goals. The guys begin to discuss strategies but will dig deeper in part II. This is a great episode for anyone who is in debt and concerned about their financial future.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Brandon Thor. Brandon is the Founder and CEO of The Thor Metals Group. Thor Metals Group provides transparent and trustworthy guidance for incorporating precious metals into IRAs.
In this episode, Brandon and Mike continue to discuss gold as an asset class. They also talk in depth about how to go about purchasing physical gold. Then, they get into incorporating precious metals into IRAs. This is a great episode for anyone curious about investing in gold or silver in both physical forms or in the stock market.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes Brandon Thor. Brandon is the Founder and CEO of The Thor Metals Group. Thor Metals Group provides transparent and trustworthy guidance for incorporating precious metals into IRAs.
In this episode, Brandon and Mike discuss gold as an asset class. They also talk about how to acquire both physical gold and on the stock market. Lastly they discuss the fluctuation in the price of gold. This is a great episode for anyone curious about investing in gold or silver in both physical forms or in the stock market.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Kelly Steyn. Kelly is a realtor at Keller Williams Real Estate. Kelly also does educational content, interviewing industry professionals.
In this episode, Kelly interviews Mike about common financial planning questions that she comes across in the realty world. Topics include: when to work with a financial advisor, retirement planning, emergency funds, and estate planning. This is a great episode for anybody who is home buying, or even just curious about working with a financial advisor.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes back Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This episode discusses the economic forecast of the current markets.
In this episode, Brad and Mike talk about the labor market, Price-to-Earning (P/E) ratios, and expectations for the markets moving forward. This is a great episode for anyone following the markets and investing for the future.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This episode discusses the second quarter performance in the markets.
In this episode, Brad and Mike discuss how the markets performed in the second quarter, as well as the current tariff situation, and Trump's One Big Beautiful Bill Act. This is a great episode to catch up on the current status of the stock market.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP is joined by Scott Mitchell and Kyle Ryan, CFP, ChFC. Scott is an Advanced Planning Counselor with Life Celebration. Life Celebration specializes in funeral and final expense planning.
In this episode, Scott, Mike, and Kyle discuss final expense planning as it pertains to estate planning. They dive into preparations that should be considered when it comes to documents, prefunding a funeral, and trusts. This is a great episode for anyone who has a loved one without an estate plan in order.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. This episode talks about retirement plan options for business owners.
In this episode, Mike and Nick discuss an array of retirement plan options for businesses. The guys discuss the four major types of retirement plans, including: IRAs, SEP IRAs, Simple IRAs, and 401(k)/403(b). This is a great episode for any business owner looking to offer retirement options for their employees.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP is joined by Ryan Keefe, CFP. Ryan is a partner and financial planner at Menninger & Associates Financial Planning. This episode discusses unexpected unemployment.
In this episode, Mike and Ryan discuss unexpected unemployment and all of the things to consider. They discuss preparing to be laid off, immediate actions you should consider doing, and filing for unemployment. This is a great episode for anyone who has recently been laid off or believes they may be at risk.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Andres Maldonado. Andres is the operations manager at Menninger & Associates. In a little different vein this week, Andres will be interviewing Mike in order to get more insight on who Mike is as a person.
In this episode, Mike and Andres talk about Mike's upbringing, his time in the Naval Academy, his career as an engineer, and his transition to financial advising and how he created the firm. This is a great episode to hear a more personal side of the host.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP is joined again by Joe Trave. Joe is the owner and CEO at Village Handcrafted Cabinetry. This is part two of a two-part series on financial planning for small business owners.
In this episode, Joe and Mike talk about investment planning for your business, return on investment, automation in small business, as well as retirement and legacy planning. This is a great episode for business owners of any size business.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined by Joe Trave. Joe is the owner and CEO at Village Handcrafted Cabinetry. This is part one of a two-part series on financial planning for small business owners.
In this episode, Joe and Mike discuss how Joe began his business in his parents back yard, to having 35 employees today. They also discuss the struggles of business ownership and maintaining the business during the Covid-19 pandemic. Finally, they discuss navigating through the current tariffs and how that affects getting good from suppliers. This is a great episode for business owners of any size business.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP and Nick DeVito, CFP welcome back Adam Hunt, CFP. Adam is the founder & president of EZTPA. His firm brings the best practices of institutional retirement consulting to small and mid-sized organizations. This is part two of a two-part series on retirement plan ideas for business owners.
In this episode, Adam, Mike and Nick talk about the fundamental basics of 401(k) plans, other types of retirement plans, and interesting tricks to "supercharge" your 401(k) that may be beneficial to business owners. This is a great episode for any small business owner that currently has a 401(k) plan, or is seeking to implement on for their business.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP and Nick DeVito, CFP welcome Adam Hunt, CFP. Adam is the founder & president of EZTPA. His firm brings the best practices of institutional retirement consulting to small and mid-sized organizations. This is part one of a two-part series on retirement plan ideas for business owners.
In this episode, Adam, Mike and Nick discuss the importance of a third party administrator as we see the growth of 401(k) being offered in businesses across the United States. The guys then discuss the SECURE 2.0 Act and the changes that it made to retirement plans. This is a great episode for any small business owner that currently has a 401(k) plan, or is seeking to implement on for their business.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined by Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. This episode discusses the not so popular topic of bonds.
In this episode, Mike and Nick go into detail about what a bond is, some of the misconceptions about bonds, and the inverse relationship between interest rates and the value of bonds. This is a great episode for anyone who knows about bonds, but never looked further into the complexity of how they work.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes back Rachael Packer. Rachael is a senior living specialist at Senior Living Specialists Philly. This is part two of a two-part series on senior living care.
In this episode, Rachael and Mike discuss the tell-tale signs that someone should consider extra care. They also discuss the benefits of bringing in a third party to check all the boxes while transitioning someone to a community. This is a great episode for anyone with a loved one who may benefit from the support of an assisted living community.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com Meet Mike Menninger, CFP the host of
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined by Rachael Packer. Rachael is a senior living specialist at Senior Living Specialists Philly. This is part one of a two-part series on senior living care.
In this episode, Rachael and Mike talk about senior living. They also talk about independent vs assisted living. They discuss dementia and signs leading up to it. Rachael and Mike also talk about the logistics of living in a memory care community. This is a great episode for anyone with a loved one who may benefit from the support of an assisted living community.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is join by with Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. Of the six areas of financial planning, this episode covers cash management.
In this episode, Mike and Nick discuss a case study of a recent prospect. The guys discuss switching to a Roth 401(k), maximizing 401(k) match, HELOCs, and paying down debt. This is a great episode for anyone who is unsure about the best channels to not only manage cash flow, but pay down your debt.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Annalisa Smithson. Annalisa is the founder and director of Unleashed Counseling. Unleashed Counseling is a mental health practice offering various services including talk therapy. Their therapists create a joyful, authentic experience for people overcoming depression, anxiety, and addiction – people who need something more than traditional talk therapy.
In this episode, Annalisa and Mike discuss the structure and benefits of animal-assisted therapy. They also talk about who might benefit from this innovative form of therapy along with insurance coverage for it. Lastly, they discuss business franchising and the benefits/hurdles involved. This is a great episode that could greatly benefit someone you know.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This is a timely episode, as it discusses the first quarter performance in the markets, but also the recent effect of President Trump's tariffs.
In this episode, Brad and Mike discuss how the markets performed over the first quarter of 2025. Then, they get into the current discussion of the recent tariffs that President Trump has implemented. This is a great episode for those concerned about the current state of the market and where we go from here.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Kyle Ryan CFP. ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This is the final episode of a nine-part episode Q&A series.
In this episode, Mike and Kyle discuss frequently asked questions regarding tax planning. The guys touch on tax implications of selling your home, Roth IRA conversions, when to start withdrawing for retirement, RMDs, HSAs, and charitable giving.
This is a great episode for those looking to minimize their taxes. For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is join again by Kyle Ryan CFP. ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This is the eighth episode of a nine-part Q&A series.
In this episode, Mike and Kyle answer frequently asked questions regarding tax planning. The guys discuss tax brackets, common tax mistakes, tax impacts on investing, tax benefits of contributing to a 401(k) and taxes for self-employed individuals. This is a great episode for anyone looking to better understand taxes with an emphasis on investing.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Kyle Ryan CFP. ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This is the seventh episode of a nine-part episode Q&A series.
In this episode, Mike and Kyle answer frequently asked questions regarding tax planning. The guys discuss tax-deferred vs tax-free investment accounts, tax-loss harvesting, and capital gains tax. This is a great episode for anyone who is looking to better understand the complex U.S. tax code.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is join again by Kyle Ryan CFP. ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This is the sixth episode of a multi-episode Q&A series.
In this episode, Mike and Kyle continue to address common questions regarding investment planning. The guys cover individual stocks vs index funds, alternative investments (such as real estate or commodities), employee sponsored retirement plans, and tax implications of investments. This is a great episode for anyone who wants to understand the more technical side of investing.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Kyle Ryan CFP. ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This is the fifth episode of a multi-episode Q&A series.
In this episode, Mike and Kyle answer common questions regarding investment planning. In this episode, the guys cover the basics of investing, including: stocks, bonds, mutual funds, asset allocation, diversification, index funds, and risk. This is a great episode for anyone who is looking to invest in any type of retirement fund.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is join again by with Ryan Keefe, CFP. Ryan is a financial planner at Menninger & Associates Financial Planning. This is the fourth episode of a multi-episode Q&A series.
In this episode, Mike and Ryan answer frequently asked questions regarding risk management and insurance. Topics covered include: term care vs whole life policies, disability insurance, long-term care insurance, and umbrella liability insurance. This is a great episode for anyone seeking basic information on insurance coverage.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is sits down with Ryan Keefe, CFP. Ryan is a financial planner at Menninger & Associates Financial Planning. This is the third episode of a multi-episode Q&A series.
In this episode, Mike and Ryan discuss debt management. Debt management is a broad subject, but the guys answer commonly asked questions regarding multiple debts, the snowball vs. avalanche approach, credit cards, credit scores, and secured vs. unsecured loans. This is a great episode for anyone who is exploring ways to manage their current debt.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is join again by with Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. This is the second episode of a multi-episode Q&A series.
In this episode, Mike and Nick discuss frequently asked retirement planning questions. This episode covers questions like 401(k) vs. Roth, Social Security, the 4% rule, and when to start planning for retirement. This is a great episode for anyone, at any age, that is ready to start saving for retirement.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is join by with Nick DeVito, CFP. Nick is a financial planners at Menninger & Associates Financial Planning. This is the first episode of a multi-episode Q&A series.
In this episode, the guys address general financial planning questions. This episode covers basic, commonly asked financial planning questions like, "What's the first step in getting started with financial planning?" and "How often should I update my financial plan?" This is a great episode for anyone that is interested in educating themselves in the world of financial planning.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Brad Sorensen, CFA and Kyle Ryan, CFP. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research, and Kyle is a financial planner at Menninger & Associates Financial Planning.
In this episode, the guys discuss what to expect from the markets in 2025. Topics include: earnings expectations, Fed rate cuts, inflation, nuclear energy, and AI. This is a great episode for anyone investing in 2025!
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Brad Sorensen, CFA and Kyle Ryan, CFP. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research, and Kyle is a financial planners at Menninger & Associates Financial Planning.
In this episode, the guys recap the markets over the past year. Topics include: the magnificent seven stocks, inflation, job markets, and corporate earnings. This is a great episode for anyone looking to better understand how and why the stock market performed in 2024.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is joined again by with Nick DeVito, CFP and Ryan Keefe, CFP. Nick and Ryan are both financial planners at Menninger & Associates Financial Planning.
In this episode, the guys wrap up part two of a two-part series on financial planning considerations for the start of the new year. They discuss the final three topics of financial planning, including: Investment Planning, Retirement Planning, and Estate Planning. This covers everything from risk tolerance and retirement planning to beneficiaries in your will. This is a great episode for anyone looking to create good financial planning habits for the new year.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Nick DeVito, CFP and Ryan Keefe, CFP. Nick and Ryan are both financial planners at Menninger & Associates Financial Planning.
In this episode, the guys discuss financial planning considerations for the start of the new year. They detail cash management with topics like emergency funds, HELOCs, understanding expenses, and managing debt. This is a great episode for anyone looking to create good financial planning habits for the new year.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Mike Guman. Mike is a retired NFL running back, former Penn State alumni, and recent inductee to the Pennsylvania Sports Hall of Fame. This is the final part of a four-part series discussing Mike's journey through his football career.
In this episode, Mike and Mike discuss life in the NFL regarding injuries, travel, and the offseason. They also discuss the evolution of the sport and recent rule changes in the NFL in order to increase player safety. This is a great episode to bring this four-part series to a close.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Mike Guman. Mike is a retired NFL running back, former Penn State alumni, and recent inductee to the Pennsylvania Sports Hall of Fame. This is part three of a four-part series discussing Mike's journey through his football career.
In this episode, Mike and Mike talk about the NFL draft process and life as a rookie. They also discuss the structure and debates surrounding the NIL and transfer portal in college football. This is a great episode for any college football fan.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Mike Guman. Mike is a retired NFL running back, former Penn State alumni, and recent inductee to the Pennsylvania Sports Hall of Fame. This is part two of a four-part series discussing Mike's journey through his football career.
In this episode, Mike and Mike discuss the transition into college football as a freshman. They also talk about some of Mike's career highlights in championship and bowl games, as well as the new 12-team playoff structure in college football. This is a great episode packed with a lot of history discussing old players and coaches.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's on "Financial Planning: Explained”, host Michael Menninger, CFP is sits down with Mike Guman. Mike is a retired NFL running back, former Penn State alumni, and recent inductee to the Pennsylvania Sports Hall of Fame. This is part one of a four-part series discussing Mike's journey through his football career.
In this episode, Mike and Mike talk about high school football and the college recruiting process. They discuss Mike's undefeated senior high school season, his recruiting visits to the top schools in the country, and then close with his first game at Penn State as a freshman. This is a great series for any football fan or even just those curious about the journey of an NFL player starting in high school.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is welcomes Heather Esham. Heather is the owner & founder of SILC (Senior Independent Living Companions). SILC provides active and engaging care services to seniors aging in place.
In this episode, Heather and Mike discuss options that seniors have when it comes to aging in place on their terms. They also discuss the different types of care as well as affordability and insurance coverage. This is a great episode for anyone that has a loved one who wants to remain independent but could use a little help.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's on "Financial Planning: Explained”, host Michael Menninger, CFP is welcomes back Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. This is the second half of a two-part case study on retirement planning solutions.
In this episode, Mike and Nick really dig into the solutions of this particular case study. The guys uncover efficient tax planning strategies, investment strategies, and retirement/social security strategies that would best suit this particular couple's situation. This is a great case study as it touches on nearly all of the aspects of financial planning.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is joined again by Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. This is the first half of a two-part case study on retirement planning solutions.
In this episode, Mike and Nick discuss a case study that cover many topics of financial planning, including: retirement planning, estate planning, tax planning, and investment planning. In part one, the guys give an overview of this couples financial facts as well as their goals, and then they go into a huge opportunity that the couple missed in the prior years tax season.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's on "Financial Planning: Explained”, host Michael Menninger, CFP is joined again by Kyle Ryan, CFP, ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This episode is the final leg of a three-part series on understanding the rules and nuances of social security.
In this episode, Mike and Kyle discuss when to apply for social security, specific strategies to consider, and the taxation of social security. This is a great episode that really dives into the heart of the topic and answers a lot of questions that you may have.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's on "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Kyle Ryan, CFP, ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This episode is part two of a three-part series on understanding the rules and nuances of social security.
In this episode, Mike and Kyle talk about the types of social security benefits. The guys also discuss full retirement age, as well as specific case studies that they have personally come across in their careers. This is a great series for anyone coming up on or currently collecting social security.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is joined by Kyle Ryan, CFP, ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This episode is part one of a three-part series on understanding the rules and nuances of social security.
In this episode, Mike and Kyle discuss the history of social security and the wage tax, the different types of social security benefits, and the full retirement age bracket. This is a great series for anyone coming up on or currently collecting social security.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Jeff Schubert. Jeff is the owner of three local franchises of Budget Blinds. Budget Blinds offers a wide range of innovative and stylish cordless and motorized window covering solutions.
In this episode, Jeff and Mike discuss the many different facets of owning a franchise. This episode provides an overview of business franchising, how it works, and many of the advantages of franchising. Topics include: franchising vs. owning a business, tax incentives of a franchise, franchise flexibility and freedoms, and prior experience needed.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is welcomes Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This is a timely episode, as it discusses the recent interest rate cut by the Fed.
In this episode, Brad and Mike discuss how the Fed has recently cut rates by 0.5%, which is the first time since the beginning of Covid. The guys talk about what that means for the markets moving forward, the history of Fed rates, and the labor market. This is a great episode for all, as Brad helps to clear up some common misconceptions people have about the Fed and their rate cuts.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this weeks episode of "Financial Planning: Explained”, host Michael Menninger, CFP is joined by Bryan Nester. Bryan is the founder and President at Nester Insurance Inc. Nester Insurance is an independent insurance and financial services firm with offices in Pennsylvania and New Jersey.
In this episode, Bryan and Mike discuss employer-sponsored insurance benefits. In the first half of the episode, they guys discuss medical benefits and after break they talk about more specific offerings. Topics include: medical insurance, life insurance, disability insurance, accident insurance, long-term care, HRA and HSA planning. This is a great episode for all to learn more about medical insurance planning.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is joined again by Nick DeVito, CFP. This is the second half of a two-part case study on employer sponsored investment plans. Nick is a financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Nick recap a case study of an individual nearing retirement. After laying out the facts and background of the individual, the guys discuss possible solutions for the client to consider. Topics include: stock options, Restricted Stock Units (RSUs), Employee Stock Purchase Plan (ESPP), Life & Disability Insurance, and 401(k)s.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this weeks episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Nick DeVito, CFP. This is a two-part case study on employer benefits. Nick is a financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Nick discuss a case study for a single individual nearing retirement. They guys lay out the facts and background of this individual in terms of assets, goals, and investment allocation. Tune in next week when they uncover specific strategies that this individual could utilize to maximize their employer benefits for retirement.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Ryan Keefe, CFP. This is the second episode of a two-part case study on retirement planning. Ryan is a financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Ryan talk about a case study of a married couple approaching retirement. They begin by recapping specifics of the couples background with a few facts, along with their objectives and goals. Then, the guys dive into possible solutions for the client to consider. Topics include: Roth IRA conversions, HELOCs, beneficiaries, and trusts.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this weeks episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Ryan Keefe, CFP. This is a two-part case study on retirement planning. Ryan is a financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Ryan discuss a case study of a married couple approaching retirement. They get into the specifics of the couples background and a few facts, along with their objectives and goals. Tune in next week when they uncover specific strategies that this couple could utilize to maximize their retirement and ensure their estate.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Thomas Balis, CFA. This is part three of a three-part series discussing the mid-year economic update and forecasts. Thomas is the founder and Chief Investment Officer at Cornerstone Portfolio Research.
In this episode, Thomas and Mike talk about the Federal Reserve and interest rates, along with deficit spending, and risks of inflation. They also discuss the "Mag 7" stocks and their significant impact on the US markets. This is a great episode for investors at any level.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research.
In this episode, Brad and Mike discuss exactly what happened this past Monday, August 5th. From the roller-coaster ride of the Japanese markets to the affect it had on global markets including the United States, the guys dig into what exactly happened and where we go from here. This is a great episode to give perspective on the ripple effect that one country can have globally.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP is joined again by Thomas Balis, CFA. This is part two of a three-part series discussing the mid-year economic update and forecasts. Thomas is the founder and Chief Investment Officer at Cornerstone Portfolio Research.
In this episode, Thomas and Mike discuss the upcoming election and traditionally how the markets react to each party. Other topics include deficit spending, upcoming tax law changes, and inflation forecasts.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this weeks episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes Thomas Balis, CFA for a three-part series discussing the mid-year economic update and forecasts. Thomas is the founder and Chief Investment Officer at Cornerstone Portfolio Research.
In this episode, Thomas and Mike examine how the markets performed in Q2 as well as year to date. They also discuss the impact of AI and its future. Then, they briefly get into inflation and what we can expect moving forward. This is a great series for anyone interested in the current hot topics in the markets.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP and Kyle Ryan, CFP, ChFC welcome back Dr. Maggie Baker for the finale of this three-part series discussing Financial Therapy & Psychology. Dr. Maggie is a Licensed Psychologist and author of Crazy About Money at Baker & Baker Psychology/Psychiatry Associates.
In this episode, Maggie, Mike, and Kyle discuss the concept of when to sell a stock, impulsive buying, and Attention-Deficit/Hyperactivity Disorder. This is a great episode that ties the series together. If you haven't watched the first two episodes, go back and check them out!
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this weeks episode of "Financial Planning: Explained”, host Michael Menninger, CFP and Kyle Ryan, CFP, ChFC are happy to welcome back Dr. Maggie Baker for part two of a three-part series discussing Financial Therapy & Psychology. Dr. Maggie is a Licensed Psychologist and author of Crazy About Money at Baker & Baker Psychology/Psychiatry Associates.
In this episode, Maggie, Mike, and Kyle talk about budgeting and how we often overlook simple saving measures. They also discuss the value of working with a financial advisor to further educate yourself on financial decisions. This is a great episode for all!
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
This week on "Financial Planning: Explained”, host Michael Menninger, CFP and Kyle Ryan, CFP, ChFC are excited to welcome Dr. Maggie Baker for a three part series discussing Financial Therapy & Psychology. Dr. Maggie is a Licensed Psychologist and author of Crazy About Money at Baker & Baker Psychology/Psychiatry Associates.
In this episode, Maggie, Mike, and Kyle discuss Maggie's history with finances and her journey to where she is today. They also discuss the psychology behind our first memories of money and how that influences our relationship with money for the rest of our lives. This is a fantastic series that is a great watch for anyone!
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week’s episode of “Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Kyle Ryan, CFP, ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This episode is part two of a two-part episode case study regarding tax planning.
In this episode, Mike and Kyle review the specifics of the case study, and the dig into tax strategies as it pertains to a self-employed individual. Topics include: NUA (Net Unrealized Appreciation), Roth IRA conversions, and SEP IRAs. This is a great episode discussing taxes for anyone who is a business owner or is self-employed.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
This week on “Financial Planning: Explained”, host Michael Menninger, CFP sits down with Kyle Ryan, CFP, ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This episode is part one of a two-part episode discussing a case study revolving around tax planning.
In this episode, Mike and Kyle lay out the groundwork for this case study, discussing the clients goals, and facts about their specific financial picture. They then get into their assets, current investments, and debts. After break, they uncover some key factors to be used as one of the two is self-employed. This is a great episode discussing taxes for anyone who is a business owner or is self-employed.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week’s episode of “Financial Planning: Explained”, host Michael Menninger, CFP welcomes Ryan Keefe, CFP. Ryan is a financial planner at Menninger & Associates Financial Planning. This episode discusses the ins and outs of tax deferred investments.
In this episode, Mike and Ryan cover the tax differences between non-qualified annuities, non-deductible, and after0tax 401Ks. They also touch on the advantages and disadvantages of these type of plans. This is a great episode for anyone with questions on investment strategies for tax deferred accounts.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
This week on “Financial Planning: Explained”, host Michael Menninger, CFP sits down with Andres Maldonado and Ryan Keefe, CFP. Andres is the Operations Manager and Ryan is a financial planner at Menninger & Associates Financial Planning. This episode tackles cybersecurity risks and how to navigate them.
In this episode, the guys discuss simple cybersecurity safeguards and prevention, as well as identity theft, along with what to do if your identity is stolen. This is a great episode for anyone, as we all know someone who has had an issue with cybersecurity.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week's episode of Financial Planning: Explained", host Michael Menninger, CFP is again joined by Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates. This is the conclusion of a three-part series on the upcoming tax law changes in 2025.
In this episode, Mike and Nick discuss the phantom taxation of social security, income tax brackets, IRMAA, and surviving spouses. These factors may result in individual finding themselves in a higher tax bracket in retirement. This episode is great for all ages regarding tax laws.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
This week on “Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Nick Devito, CFP. Nick is a financial planner at Menninger & Associates Financial Planning. This is part two of the three-part series on the upcoming tax law changes in 2025.
In this episode, Mike and Nick talk about simplifying the tax code using a custom worksheet designed by Menninger & Associates. Mike and Nick walk through an example of an individual in different tax brackets comparing the current tax brackets to the projected 2026 brackets. This episode is great for all ages regarding tax laws.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week's episode of Financial Planning: Explained", host Michael Menninger, CFP sits down with Nick DeVito, CFP. Nick is a financial planner at Menninger & Associates.
This is the first of a three-part series on the upcoming tax law changes in 2025. In this episode, Mike and Nick discuss a broad overview of the different types of taxes, with a focus on federal taxes. The two also discuss taxation based on investment types, and the history of tax brackets. This is a great episode for all, no matter what age.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
This week on “Financial Planning: Explained”, host Michael Menninger, CFP and Kyle Ryan, CFP welcome Andy Gurkzak. Andy is the President and Manager at Allcity Adjusting, which is a licensed public adjusting firm in Indiana.
In this episode, Andy and Mike discuss the process of an adjuster evaluating property damage, negotiating an insurance claim with the insurance company, and insurance coverage. Public adjusting has financial planning implications as risk management is one of the six areas of financial planning.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week’s episode of “Financial Planning: Explained”, host Michael Menninger, CFP sits down with Nick DeVito. Nick is a financial planner at Menninger & Associates Financial Planning.
In this episode, Mike and Nick discuss unexpected planning needs that people often overlook. Topics in this episode include: paying off debt, utilizing the benefits of a HELOC (Home Equity Line of Credit), maximizing employer match, and the importance of estate planning.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week’s episode of “Financial Planning: Explained”, host Michael Menninger, CFP is joined again by Nick DeVito. Nick is a financial planner at Menninger & Associates Financial Planning. This episode is the second of a two-part series discussing year-end tax planning.
In this episode, Mike and Nick review further considerations for year-end taxes. Topics in this episode include: tax loss harvesting, Roth IRA conversions, and business deductions.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
This week on “Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Nick DeVito. Nick is a financial planner at Menninger & Associates Financial Planning. This episode is the first of a two-part series on year-end tax planning.
As we reach the end of the calendar year, it is important to review certain considerations for tax planning. In this episode, Mike and Nick discuss options to maximize retirement plan contributions and proper tax withholding.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week’s episode of “Financial Planning: Explained”, host Michael Menninger, CFP is joined again by Nick DeVito. Nick is a financial planner at Menninger & Associates Financial Planning. This is the second episode of a two-part series on employee benefits.
In this episode, the guys continue their discussion on employee benefits. Mike and Nick go into detail about topics such as disability insurance and 401(k) programs. When discussing 401(k)s the two touch on the basics, vesting, and loan options.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
This week on “Financial Planning: Explained”, host Michael Menninger, CFP welcomes Nick DeVito. Nick is a financial planner at Menninger & Associates Financial Planning.
This episode is the first of a two-part series on employee benefits. In this episode, Mike and Nick discuss what exactly employee benefits are. After a broad overview, they cover in detail topics like open enrollment, health insurance, and life insurance.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
On this week’s episode of “Financial Planning: Explained”, host Michael Menninger, CFP is joined again by Kyle Ryan, CFP, ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This episode is the second of a two-part series on PSERS (Pennsylvania Public School Employees’ Retirement System).
In this episode, the show an example of a PSERS statement and all that is involved with it. This episode also reviews the portion of the pensions that can be distributed as a lump sum and how it impacts the pension. They also go into detail about the various payout options and how they affect your monthly payout.
For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com
*Menninger & Associates is not affiliated with, sponsored by, or endorsed by PSERS
This week on “Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Kyle Ryan, CFP, ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This episode is the first of a two-part series on PSERS (Pennsylvania Public School Employees’ Retirement System).
In this episode, the guys discuss exactly what PSERS is, how the pension is calculated, the differences between older and newer versions of the pension plan, and the parameters around it compared to other pensions.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
*Menninger & Associates is not affiliated with, sponsored by, or endorsed by PSERS
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Kyle Ryan, CFP. Kyle is a financial planner at Menninger & Associates Financial Planning. This episode is a case study on retirement planning, which is one of the six major areas of financial planning.
In this episode, Mike and Kyle discuss a case study for a married couple nearing retirement. It’s an interesting case study because it covers topics such as: inheritance, pensions, and 401(k)s. They also discuss possible solutions to the couple’s situation. This is a great episode for anyone that is nearing retirement.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Marty Greenbaum, CFE. Marty is the Founder and Senior Franchise Consultant at Smart Franchise Investing.
This is the final episode in the three-part series on business franchising. This episode focuses on the process of purchasing a franchise. Topics include: financing the purchase, marketing ventures, and the importance of speaking to a consultant before committing to purchasing a franchise.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP is joined again by Marty Greenbaum, CFE. Marty is the Founder and Senior Franchise Consultant at Smart Franchise Investing.
This is part two of a three-part series on business franchising. This episode focuses on the factors to consider when deciding on purchasing a franchise and which franchisor. Topics include: the vetting process of franchisees, territory stipulations, gauging success, and exit strategies.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Marty Greenbaum, CFE. Marty is the Founder and Senior Franchise Consultant at Smart Franchise Investing.
This is the first episode in a three-part series discussing business franchising. This episode provides an overview of business franchising, how it works, and many of the advantages of franchising. Topics include: franchising vs. owning a business, franchise flexibility and freedoms, prior experience needed, and financing a franchise.
For more information on Menninger & Associates Financial Planning visit http://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP is joined again by Ryan Keefe and Kyle Ryan, CFP for the final segment of this series. Ryan and Kyle are financial advisors at Menninger & Associates Financial Planning.
This episode is the final episode of a five-part series that reviews various common topics regarding financial planning. This episode also concludes the discussion of retirement planning. Topics include: tax efficient retirement withdrawal strategies, annuity & pension distribution options, and understanding pensions.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are financial advisors at Menninger & Associates Financial Planning.
This is the fourth episode in a five-part series on common topics of financial planning. We continue to focus on retirement planning in this episode as it is such a vast and important piece of financial planning. Topics include: forecasting retirement expenses, understanding your cost of living and sequence of return risk.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP is joined again by Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are financial advisors at Menninger & Associates Financial Planning.
This is the third episode in a five-part series reviewing common financial planning topics. This episode focuses on the area of retirement planning. Topics Include: funding retirement goals, pre-59½ distribution strategies, and understanding your cost of living. These topics all reference the importance to successful retirement planning.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are financial advisors at Menninger & Associates Financial Planning.
This is the second episode in a five-part series discussing common topics of financial planning. This episode focuses on the investment planning area of financial planning. Topics include: passive index vs. actively managed funds, what to do with a wage increase, harvesting gains/losses, and backdoor Roth IRAs.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are financial advisors at Menninger & Associates Financial Planning.
This episode is the first episode of a five-part series that reviews various common topics regarding financial planning. This episode focuses on the cash management area of financial planning. Topics include: the importance of good credit, HSAs & FSAs, saving programs for children, and ways to give to charities.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP is joined again by Brad Sorensen, CFA. Brad is a Portfolio Manager and Chief Investment Officer at Cornerstone Portfolio Research. Cornerstone is the team that Mike’s firm uses as their outsourced Chief Investment Officers, as they serve in the role of assisting Mike’s team in making investment decisions for their client’s managed portfolios.
This is the final episode in this four-part series on the current state of the economy. In this episode, Brad and Mike discuss the long-term movement of the US dollar and its impact on international investments, which represent 40% of the global stock market. They also end the episode with a graph showing the projected interest rate cuts and discuss the impacts of rate curs on the stock market and bond markets.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Brad Sorensen, CFA. Brad is a Portfolio Manager and Chief Investment Officer at Cornerstone Portfolio Research. Cornerstone is the team that Mike’s firm uses as their outsourced Chief Investment Officers, as they serve in the role of assisting Mike’s team in making investment decisions for their client’s managed portfolios.
This is the third episode in a four-part series on the current state of the economy. In this episode, Brad and Mike discuss the markets from a broad perspective. This episode shows the behavior of the S&P 500 over the past year, and then discusses the disparity between growth and value stocks. Brad & Mike also review PE ratios and compare them to their historical averages.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down again with Brad Sorensen, CFA. Brad is a Portfolio Manager and Chief Investment Officer at Cornerstone Portfolio Research. Cornerstone is the team that Mike’s firm uses as their outsourced Chief Investment Officers, as they serve in the role of assisting Mike’s team in making investment decisions for their client’s managed portfolios.
This episode is the second episode of a 4-part series that reviews various components of the economy and the resulting behavior of the stock and bond markets. In this second part, Brad and Mike talk about the cases for and against a recession. They discuss the indicators of a recession and how we can determine what to expect moving forward.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Brad Sorensen, CFA. Brad is a Portfolio Manager and Chief Investment Officer at Cornerstone Portfolio Research. Cornerstone is the team that Mike’s firm uses as their outsourced Chief Investment Officers, as they serve in the role of assisting Mike’s team in making investment decisions for their client’s managed portfolios.
This episode is the first of a 4-part series that reviews various components of the economy and the resulting behavior of the stock and bond markets. In this first part, Brad and Mike discuss the two Fed mandates – price stability (inflation) and the labor markets. These two mandates serve as the basis for the Fed raising interest rates, which has a significant impact on the financial markets. In addition, Brad and Mike also touched upon two current hot topics – the debt ceiling and recent bank failures. This first episode also marks the 100th episode of Financial Planning: Explained.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
Meet Mike Menninger, CFP the host of Financial Planning: Explained https://maaplanning.com/who-we-are/ourteam
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes Steve Keller. Steve is the owner of Steve Keller consulting and specializes in trust consulting for business owners and investors.
In this episode, Steve and Mike take a deep dive into how he has utilized trusts for tax mitigation, payment of personal expenses and wealth transfer to next of kin. This is a terrific episode for business owners and affluent families.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Jon Groth. Jon is a proven Wisconsin Personal Injury and Litigation Attorney at Groth Law Firm, S.C. and Samster, Konkel & Safran Law Offices, a division of Groth Law Firm, S.C.
This is a great episode that nearly everyone can relate to, whether you’ve had a neglectful injury occur or know a friend of family member who has been hurt in a car accident. Jon and Mike go into detail about a variety of topics including personal injury law, elder abuse, vaccine injuries and even suing your own insurance company!
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Anca Trofin. Anca is the owner of Aim High Wellness and Travel, where she blends being a massage therapist, spin instructor, and travel guide.
In this episode, Anca and Mike discuss the importance of traveling efficiently and more specifically, the importance of a travel agent and just the value that they bring to a trip. Anca also discusses her specialty of being the leader and tour host for groups of people taking vacations, especially to Europe. This is a great episode if you plan on taking an extended trip and don’t want to be bothered with figuring out an itinerary of a place you’ve never been to.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined by Rachael Packer and Kyle Ryan, CFP. Rachael is a senior living specialist at Senior Living Specialists Philly. Kyle is one of the financial advisors on staff at Menninger & Associates.
This is a great episode on senior living and long-term senior care that many households can relate to. Rachael goes into detail about how families transition loved ones into facilities, as well as the financial process of how to do so. Mike and Kyle provide the planning side of that as well. This is a must watch for anyone considering moving an elderly family member into a long-term care facility.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes Kyle Ryan, CFP, one of the financial advisors on staff at Menninger & Associates.
In Part Two of this series on company stock plans, Mike and Kyle go into detail about Employee Stock Options and Employee Stock Purchase Plans (ESPP). This is a great episode if your company offers these types of stock plans and provides examples on how to maximize use of them.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Kyle Ryan, CFP, one of the financial advisors on staff at Menninger & Associates.
Of the six areas of financial planning, today's episode focuses on investment planning. Specifically, Mike and Kyle discuss company stock plans. This is a two-part series that covers everything from: stock in a 401k, stock options, RSUs, and employee stock purchase plans. This is a great episode if your company offers stock options and how to maximize them.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes Kyle Ryan, CFP, one of the financial advisors on staff at Menninger & Associates.
This episode is the final leg of a three-part series on Life Insurance Planning. This episode goes into detail about the different uses of life insurance (term vs. permanent), and the design of a life insurance program for an individual or family. As part of the design, the hosts discuss methods for calculating the amount of life insurance you may need and for how long you should have it.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP is again joined by Kyle Ryan, CFP, one of the financial advisors on staff at Menninger & Associates.
This is part two of a three-part series on Life Insurance Planning. This episode discusses the different options when designing a life insurance policy, as well as level vs. increasing death benefits. The hosts also explain the various types of permanent/universal life insurance.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Kyle Ryan, CFP, one of the financial advisors on staff at Menninger & Associates.
This is the first of a three-part series on a new topic for this show, Life Insurance Planning. This episode explains the different types of insurances, but really details life insurance and just how important it is. The episode details the different types (term and permanent) of life insurance as well and insurance premiums/ratings.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP discusses a topic long overdue on the show, the Taxation of Trusts.
Trusts are used as a very important tool for estate planning, and are commonly used to help effectively transfer wealth to the next generation. In this episode, Mike details Revocable vs. Irrevocable trusts and investing in a trust. He also gives illustrative examples of taxable income estimates via the different tax brackets, and explains the importance of tax planning strategies when investing trust assets.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined by Kyle Ryan, CFP, one of the financial advisors on staff at Menninger & Associates.
This is a timely and important episode that discusses the new SECURE 2.0 Act of 2022. The SECURE 2.0 Act provides extraordinary incentives for small business owners to establish retirement plans for their employees. Kyle and Mike go into detail about the changes from the Secure Act of 2019 to the new 2022 Act. The pair then discusses topics including: RMD’s, Auto Enrollment, as well as Employer Match. This is a great episode for small business owners.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
This episode touches on a broad scope of topics ranging from asset distribution, paying yourself as a small business owner, and borrowing from a retirement account. This is a very descriptive and informative episode.
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined again by Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
This is a great episode for young professionals in the workforce. Topics include: establishing initial credit, being prepared for a financial emergency, and the most important component of a financial plan. Please share this episode with anyone that you know that could benefit from it.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
In this episode the guys dive into the topic of “When is a good time to start retirement planning?” This episode covers everything from capital gains, inheritance taxes, even the current homebuying conditions.
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
Continuing last weeks discussion in Part 2 of a 2-part series, on what exactly is financial planning, the guys cover the remaining three areas of financial planning, including: Investment Planning, Retirement Planning, and Estate Planning Strategies.
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined again by Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
Back by popular demand, the trio continues the series of viewer question & answer. This episode discusses in detail, the first three out of the six areas of financial planning including: Cash Management, Tax Planning Strategies, and Risk Management. The guys also discuss when is a good time to start retirement planning.
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes Ashley Downs and Joel LeBendig. Ashley and Joel are the co-founders of Resync Body Works.
In this episode, Ashley, Joel, and Mike discuss the many challenges of breaking away from being an employee to starting their own small business. As a new business owners, Ashley and Joel discuss the evolution of how they planned the startup of the new business, how they overcame the challenges and pitfalls, as well as the freedom of working for yourself!
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
Viewer Q&A Part III with Ryan Keefe & Kyle Ryan, CFP This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
This three-part series covers questions that clients and viewers have asked us over time. In Part III, the panel discusses questions that we get regularly about financial planning firms, such as: what to expect as a new client, what it means to be a fiduciary, and how to work with a financial advisor through the various stages of your life.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
This three-part series will cover questions that clients and viewers have asked us over time. In Part II, the panel tackles rebalancing your 401(k), the 60/40 balanced portfolio, and the proper investments (and those to avoid) when entering and coming out of a recession.
For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined again by Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
This three-part series will cover questions that clients and viewers have asked us over time. In Part I, the panel discusses combatting inflation in your retirement portfolio, the Fed raising interest rates, and investing in bonds.
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP is joined by Ryan Keefe and Kyle Ryan, CFP. Ryan and Kyle are two of the financial advisors at Menninger & Associates.
The panel discusses in detail what the investment philosophy is at Menninger & Associates. There are many facets involved in properly choosing investments for clients, and the guys tackle each of those aspects.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Kyle Ryan, CFA and Nick DeVito. Kyle is a senior advisor at Menninger & Associates and Nick is the newest member of the team. They both have recently dealt with student loan debts, so this topic is very pertinent to the two.
With the conversation of student loan forgiveness promised by the White House, millions of students and former students across the country have many questions. In this episode the guys discuss everything that we know so far and provide great advice for anyone with current student loan debt.
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP is joined again by Thomas Balis, CFA. Thomas is the founder and chief investment officer of Cornerstone Portfolio Research. Cornerstone is the team that Mike’s firm uses as their outsourced Chief Investment Officers, as they serve in the role of assisting Mike’s team in making investment decisions for their client’s managed portfolios.
In Part II of this series, Thomas and Mike touch on the 800-pound gorilla in the room – inflation. From there, they discuss the causes of record inflationary, and what and why the Fed is raising interest rates to combat inflation. They also discuss the current state of the market and economy, as well as the many issues affecting them. These issues include second quarter earnings reports, the job market, and what to expect moving forward. This is a timely and very informative episode regarding the markets and the economy.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Thomas Balis, CFA. Thomas is the founder and chief investment officer of Cornerstone Portfolio Research. Cornerstone is the team that Mike’s firm uses as their outsourced Chief Investment Officers, as they serve in the role of assisting Mike’s team in making investment decisions for their client’s managed portfolios.
This two-part series will discuss pertinent issues regarding the stock market and the many factors that are currently affecting it. In Part I, Thomas and Mike discuss the economy and whether or not it is in a recession, which has been a political debate the past couple weeks. This is a timely and very informative episode regarding the markets and the economy.
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Brian McCarthy. Brian is the Founder & President of Open Tier Systems. They are a leading provider of IT, VoIP, and Networking solutions and services for small to medium sized businesses.
Brian and Mike touch on cyber security for businesses and how to keep your assets and website safe. This episode discusses the three main factors of cyber security including: multi factor authentication, password management, and backup. This is an informative episode to watch not only as a business owner, but as someone who houses passwords anywhere on the internet.
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP is joined by Randy Crabtree, CPA. Randy is the Co-Founder and Partner at Tri-Merit Specialty Tax Professionals.
This is a great episode as it touched very niche parts of tax planning, as Randy’s firm educates other CPAs and industrial clients including R&D and other unique tax credits. Further, Randy and Mike draw the parallels of their true passion for teaching their respective professions of Tax Planning and Financial Planning to other industry professionals. This is a great episode for CPAs who represent Manufacturers, Software Developers, Architects, and Engineers. This episode would also interest business owners / founders who wish to move on from daily management of the business to a different, but active role in the company.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back real estate agent, David Cary and his new Co-Founding Partner, Douglas Braun. Dave and Doug recently opened their own real estate agency called Prime Real Estate, which employs 20 agents.
This episode touches on all the questions we get asked regularly about the housing market. From the recent increase in interest rates to the justification of landlords increasing rent, this episode is a must see whether you’re a homeowner looking to move, or a first-time home buyer.
This week on Financial Planning: Explained, host Michael Menninger, CFP is excited to welcome Stacy Francis, CFP. Stacy is one of twenty of the nation’s leading wealth managers on CNBC’s Digital Financial Advisor Council, and frequently appears in media outlets such as Forbes, Kiplinger, The Wall Street Journal and USA Today.
Stacy and Mike discuss her expertise, which is financial planning for women who are experiencing divorce, or the loss of a loved one. This episode is a must see for anyone you know who is currently experiencing a life changing event that left them financially vulnerable.
On this week's on Financial Planning: Explained, host Michael Menninger, CFP finishes a two-part case study on Planning Considerations. This series touches on all six major aspects of financial planning including: Cash Management, Tax Planning, Risk Management, Investment Planning, Retirement Planning, and Estate Planning.
In part two, Mike discusses topics including: widowed spouses, taxes, beneficiaries, and mortgages. If these topics affect you, this is a must see episode.
This week on Financial Planning: Explained, host Michael Menninger, CFP begins a two-part case study on Planning Considerations. This series is special because it is designed to touch on all six major aspects of financial planning including: Cash Management, Tax Planning, Risk Management, Investment Planning, Retirement Planning, and Estate Planning.
In part one, Mike touches on examples including: widowed spouses, self-employment, beneficiaries, and retirement options. Tune into this episode as it touches on topics that are applicable in almost everyone's daily life.
Inflation continues to rise; will it ever end? This week is Part II of our timely two-part series on Financial Planning: Explained. In this two-part series, Host Michael Menninger, CFP® welcomes Gene Goldman, CFA. Gene is the Chief Investment Officer and Director of Research of Cetera Investment Management.
In part II, Gene and Mike discuss indicators used to determine what to expect from the markets moving forward, as well as the continued conversation of inflation and how it is affecting Americans daily. Tune in to this MUST-SEE episode to see where we go from here.
Inflation and rising interest rates have wreaked havoc on the markets so far this year. Why, and will this continue? This week is Part I of an exciting and timely two-part series on Financial Planning: Explained. In this two-part series, Host Michael Menninger, CFP® welcomes Gene Goldman, CFA. Gene is the Chief Investment Officer and Director of Research of Cetera Investment Management.
Gene and Mike discuss a variety of topics including: the current state of the markets, the inflation issue in the current economy, and the indicators used to determine these factors. Part I reviews where we are in the economy to date. While Part II, airing next week, Mike and Gene discuss where we expect to go from here. These are MUST-SEE episodes for those who have any type of investments in the markets.
This week on Financial Planning: Explained, host Michael Menninger, CFP is again joined by occasional co-host, Kyle Ryan, CFP. Mike and Kyle continue the series called Case Studies. These case studies are designed to touch on scenarios that could occur and provide unique strategies on how to handle such situations. This week’s episode provides two different case studies.
The first scenario discusses an elderly woman who is faced with needing more income to live, and thinks her solution is to sell her home and rent it from the buyer. Mike and Kyle present the pitfalls and explore ways she could accomplish this by selling the home to her son, who would eventually be the beneficiary of the home, anyway.
The second case study touches on life insurance, and a few strategies that could help you efficiently leave your beneficiaries the most of your assets. It also touches on methods to hep maximize tax efficiency and other strategies to maximize the life insurance with no additional out of pocket costs.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Kathe Kline. Kathe is a best-selling author and founder of MedicareQuick, who helps navigate through the uncertain waters of the Medicare system.
Kathe and Mike discuss the nuances of Medicare and supplemental insurance programs in great detail. There are little known penalties that even some experts haven’t heard of, so don’t fall victim to these traps! Sit down with Kathe and Mike for an in-depth analysis on Medicare and some strategies that could help you down the road. This is a MUST SEE for anyone approaching the age of 65, or who may be applying for Medicare.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back Larry Faulkner for Part II of their two-part series on psychological roadblocks to financial success. Larry is a Certified Financial Instructor and best-selling author who has written three books on the behavioral aspects of finance.
In Part II, Larry and Mike dive deeper into the behavioral aspects of consumer spending. There are many different factors that contribute to irresponsible spending habits that result in roadblocks to achieving financial success. Sit down with Larry and Mike to learn more about how you can identify and avoid bad habits in your daily life that could impede your ability to achieve your financial goals!
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Larry Faulkner for Part I of their two-part series on psychological roadblocks to financial success. Larry is a Certified Financial Instructor and best-selling author who has written three books on the behavioral aspects of financial planning.
This episode touches on the origins of financial behaviors. Consumer spending is like any other human behavior and can be affected by a number of factors including environmental or psychological situations during childhood. Tune in with Larry and Mike as they discuss the financial awareness that could improve your chances of achieving financial success.
This week on Financial Planning: Explained, host Michael Menninger, CFP is excited to welcome back Herb Morgan. Herb is a very insightful guest who has been on the show before. He is the Senior Managing Director and Chief Investment Officer of Efficient Market Advisors. Herb has been a guest on CNBC Television, Fox News and CBS Market Watch, along with many other publications.
With over 55 years of investment experience between the pair, Herb and Mike tackle all of the volatility going on in the economy at the moment including inflation, energy prices, and the Ukraine conflict. Tune in with Herb and Mike as they discuss current financial topics.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with occasional co-host, Kyle Ryan, CFP. Mike and Kyle continue the series called Case Studies. These case studies are designed to touch on scenarios that could occur and provide unique strategies on how to handle such situations. This episode touches on multiple areas of financial planning, such as maximizing tax efficiency approaching retirement, strategizing Social Security benefits, tax planning when moving to a different state.
This episode also provides an example of the appropriate use of Roth IRA conversions and their timing, and integrating them with retirement income planning. The hosts also briefly touch upon recent changes to inherited IRAs rules and how they may impact multiple generations. Every financial situation is different, but you can check out this episode for some ideas that may benefit you when it comes to maximizing your tax efficiency and retirement planning.
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP discusses the popular topic that we hear often - debt management. There are multiple ways to get out of debt, but every situation is unique when it comes to a solution.
In this episode, Mike covers ideas like: unique way to effectively take money out of an IRA to pay off debt without paying a tax penalty, fixing credit, maintaining goal of paying off college, and continuing to save for retirement.
This week on Financial Planning: Explained, host Michael Menninger, CFP covers the topic of maximizing tax efficiency for retirement, as well as maximizing Social Security benefits.
There are many facets to consider when it comes to collecting Social Security, and also how the answer to one question results in opening several other doors to help maximize tax efficiency throughout retirement, and even addresses estate planning issues from a tax efficiency perspective. This episode is a must listen.
On this week’s episode of Financial Planning: Explained, host Michael Menninger, CFP continues the series on Case Studies. In this episode, Mike continues with Part II of Maximizing Social Security Benefits.
This case study incorporates numerous complexities and strategies for navigating and maximizing the Social Security system, including a strategy of collecting survivor benefits while allowing their own benefits to grow. In addition, this also coordinating inherited IRA distributions, maximizing tax efficiency and meeting retirement goals. Topic covered include issues met when trying to collect social security before retirement age, and the pitfalls of exceeding the earning limit if you choose to collect early while still working.
This week on Financial Planning: Explained, host Mike Menninger, CFP starts a new series called Case Studies. These case studies are designed to touch on scenarios that could occur and provide unique strategies on how to handle such situations.
The first case study discusses Maximizing Social Security Benefits. There are many different facets when it comes to Social Security, and everyone's situation is unique. Check out this episode for some ideas that may benefit you when it comes to maximizing your social security.
On this weeks episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes Carol Verhake. Carol is the owner and founder of Lasting Landscapes by Carol.
Carol and Mike discuss her transition from corporate America to following her dream by starting her own landscaping business. For anyone considering a career change, this episode is a must watch.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Gaston Escudero. Gaston is the Mid Atlantic Regional Sales Director at NexPoint.
Gaston and Mike explore the various options of alternative investing. Breaking the traditional Stock/Bond blend, alternative investments allow you to further diversify your investment portfolio.
This week on Financial Planning: Explained, host Michael Menninger, CFP® is joined by Paul Deloughery. Paul is a Managing Attorney at Sudden Wealth Protection Law, PLC.
Paul and Mike talk about sudden wealth and how important it is to protect it. Whether it be an inheritance, trusts, or estates, the legal piece is extremely important so that you keep what is rightfully yours.
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP sits down with Autumn Nessler. Autumn is a Certified Retirement Options Coach at An Intentional Life, LLC.
Autumn and Mike discuss the soft side of retirement planning for women. Women in the work place face many challenges through their career including: marriage, pregnancies, raising children. Autumn and Mike look into steps to help women get back to investing in themselves upon retirement.
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined again by Brian Pugliese, CPA. Brian is a Certified Public Accountant and member at GMS Surgent CPAs & Advisors.
Brian and Mike talk about ways to maximize tax benefits when contributing to a 529 plan.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Brian Pugliese, CPA. Brian is a Certified Public Accountant and member at GMS Surgent CPAs & Advisors.
Brian and Mike discuss key tax strategies that people should consider going in to the end of the year.
On this week's on Financial Planning: Explained, host Michael Menninger, CFP is joined by Kyle Ryan, CFP and Ryan Keefe. Ryan and Kyle are junior staff members at Menninger & Associates financial planning, and are answering questions asked by our audience in the final leg of a four part panel series.
In the final Q&A episode, the guys talk about the difference between active and passive investing, growth and value stocks, and getting bumped into a higher tax bracket.
This week on Financial Planning: Explained, host Michael Menninger, CFP is once again accompanied by Kyle Ryan, CFP and Ryan Keefe for part 3 of this four part Q&A series. Ryan and Kyle are both junior staff members at Menninger & Associates financial planning.
In part 3, the trio discusses backdoor Roth IRAs, the rules behind gifting money, and the very popular subject of how to combat inflation.
On this week's on Financial Planning: Explained, host Michael Menninger, CFP joined again by Kyle Ryan, CFP and Ryan Keefe. Ryan and Kyle are junior staff members at Menninger & Associates financial planning, and are answering more questions that were asked by our audience.
In the second part of this four part Q&A series, the trio talks about the right time to take social security, investment allocations by age, and tax write offs.
This week on Financial Planning: Explained, host Michael Menninger, CFP is once again joined by Kyle Ryan, CFP and Ryan Keefe. Ryan and Kyle are junior staff members at Menninger & Associates financial planning, and are back to answer more financial planning questions as the first two-part series received such a great response.
In the first part of this new four part Q&A series, the guys discuss how to select 401(k) investment options, the retirement plans available to small business owners, and recouping your investment from disastrous medical bills.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes back the shows inaugural guest, Bryan Adler. Bryan is a Certified Elder Law Attorney (CELA) and Managing Partner at Rothkoff Law Group where his practice advises and counsels clients in the areas such as: elder law, life care planning, asset protection, veterans’ benefits, and many others.
In the previous episode, Bryan and Mike discussed Elder Law specifically, where today they are talking about Long-Term Elder Care. There are many facets involved with Long-Term Elder Care, which the two discuss. Bryan's firm happens to accommodate the various factors which people either don't realize or overlook when it comes to Long-Term care.
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP chats with Jack Linvill, a retired Long Term Care Planner.
Jack and Mike cover the origins of how Jack became a long-term care planner, some examples of individuals who need to plan for long term care, the costs incurred for care, and things that families should consider when planning for potential long term care needs.
This week on Financial Planning: Explained, host Michael Menninger, CFP and guest host Kyle Ryan, CFP sit down with Mike Yurcho. Mike is an owner and developer of multiple Panchero's Mexican Grill stores in the New Jersey area.
Mike discusses the origins and challenges of developing a franchise in two of the most difficult eras in modern history; the 2008 recession and the 2020 pandemic.
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP and guest host Kyle Ryan, CFP welcome Steve Goodman. Steve is a Certified Public Accountant (CPA), and the President & Chief Executive Officer of SHG Planning.
Steve, Kyle, and Mike discuss the importance of succession planning for your business. Many business owners overlook or simply wait too long to design a business succession plan. The unfortunate reality is, people don’t plan to fail, they fail to plan.
This week on Financial Planning: Explained, host Michael Menninger, CFP and guest host Kyle Ryan, CFP are joined once again by Shellee Howard. Shellee is the Founder and CEO of College Ready and CR Tutoring and Test Strategies.
In part two of this College Ready series, the trio continues the discussion of college preparedness. Topics covered include: FAFSA and other financial aid avenues, EFC calculators, and choosing the right school based on financial aid.
On this week's episode of Financial Planning: Explained, host Michael Menninger, CFP and guest host Kyle Ryan, CFP kick off a two-part series on college readiness. Mike and Kyle welcome Shellee Howard to the show this week. Shellee is the Founder and CEO of College Ready and CR Tutoring and Test Strategies. She is also a Certified Independent College Strategist and a best-selling author.
The trio discuss Shellee's journey as a mother of four, to help her children graduate debt free. This quickly blossomed into her own business, College Ready. They also discuss how young students can identify extracurricular activities that can set them apart from their peers.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Herb Morgan. Herb is the Sr. Managing Director and Chief Investment Officer of Efficient Market Advisors. With 34 years of investment experience, Herb has been interviewed by Forbes, CBS Market Watch, and The Wall Street Journal to name a few. He has also been a guest on Fox News and CNBC television.
Herb and Mike cover multiple key and timely topics regarding the economy. They discuss the current supply and demand imbalance and its impact on inflation and interest rates, the current crisis taking place in Afghanistan, and how these events could impact the stock markets. Herb also provides his opinion on the value of the US stock market and if he thinks its overpriced.
On this weeks episode of Financial Planning: Explained, host Michael Menninger, CFP continues the conversation with Kyle Ryan, CFP and Ryan Keefe. Kyle and Ryan are junior advisors at Menninger & Associates Financial Planning.
This week, the team discusses topics like how to choose the right financial planner for you, tax returns, and when is the best time to sell a stock/investment.
This week on Financial Planning: Explained, host Michael Menninger, CFP sits down with Kyle Ryan, CFP and Ryan Keefe. Kyle and Ryan are junior advisors at Menninger & Associates Financial Planning.
The trio addresses commonly asked questions that financial planners face every day. From investing to 401(k) and even insurance, they touch on important topics that we face every day.
This week on Financial Planning: Explained, host Mike Menninger, CFP welcomes Dave Bardsley. Not only is Dave is a District Sales Manager at Johnson Controls, but he is also a client of Mikes.
Dave and Mike examine financial planning & wealth management through the eyes of a client. They also delve into the importance and journey of becoming financially independent.
On this weeks episode of Financial Planning: Explained, host Mike Menninger, CFP is joined by Devon McCrossin. Devon is a Partner at Boomtown Internet Group.
Devon and Mike discuss building a website for businesses, as well as the importance of search engine optimization (SEO) no matter how big or small a business is.
This week on Financial Planning: Explained, host Mike Menninger, CFP sits down with Nick Lensander. Nick is the founder of Lenk Media based out of Santa Barbara, California.
Nick and Mike talk about digital marketing strategy and creating content, and the importance of businesses in any industry utilizing social media.
On this weeks episode of Financial Planning: Explained, host Mike Menninger, CFP welcomes a very unique guest, his son, Tim Menninger. Tim is an Embedded Software Engineer at Green Hills Software in Santa Barbara, California.
Tim and Mike discuss the importance of the operating system, how much it is used in day to day life, and even a few stories from the old days.
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined by Bob Matje. Bob is a Pharmaceutical Professional at RemTech LLC.
Bob and Mike examine running a pharmaceutical plant as a plant manager, the process of patenting pharmaceutical drugs, and the value of a consultant in any industry.
On this weeks episode of Financial Planning: Explained, host Michael Menninger, CFP is joined by Sean Montague. Sean is the Director of Global Engineering Solutions at Merck & Co. Pharmaceuticals.
Sean and Mike discuss leading construction management and safety in the Southeast (which is Sean's territory), adjusting pharmaceutical life during a pandemic, and the importance of prioritizing the patient/client.
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined by Mike Eckenrode. Mike is a retired land surveyor with Hanover Engineering Associates, Inc. Partially enjoying full retirement, Mike now spends his days as a groundskeeper at Fox Hollow Golf Club.
Mike and Mike discuss financial planning tactics upon entering retirement, as well as the intricacies of surveying land, while making golf courses harder than they already are.
On this weeks episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes Mark Bostwick. Mark is the Vice President of Business Development for Police and Fire Federal Credit Union.
Mark and Mike discuss refinancing mortgages at a lower rate. They compare the pros and cons of using traditional lenders to that of credit unions, which many people are unaware of.
This week on Financial Planning: Explained, host Michael Menninger, CFP is joined by Mike Guman. Mike spent his college years as a running back for The Penn State Nittany Lions, before getting drafted into the NFL and spending nine seasons with the Los Angeles Rams.
Mike is currently a Senior Advisor Consultant of the Pennsylvania Region with Invesco. Aside from reliving glory years on the gridiron, Mike and Mike discuss investments in the current market.
Are you aware of all the facets that go into a mortgage?
This week on Financial Planning: Explained, Mike is joined by Mike Harvey. Mike is a Mortgage Professional and co-owner of Vantage Point Financial Group.
In this episode, Mike and Mike discuss everything from programs for first time home buyers to interest rates of investment properties vs primary homes.
On this weeks episode of Financial Planning: Explained, host Michael Menninger, CFP welcomes Randy Steen, Esq. to the show. Randy is the President at the Law Office of Randy Hope Steen, Ltd.
Randy and Mike discuss the potential tax law changes as it pertains to Estate Planning. They also touch on the best ways to approach these changes as they evolve.
This week on Financial Planning: Explained, Mike is joined by Mike Cellucci. Mike is the owner of Cellucci Foran Insurance, Inc., located in Springfield, PA, where Mike focuses on Property and Casualty insurance.
The two Mike’s review who may need property casualty insurance and what options do you have when applying for insurance.
This week on Financial Planning: Explained, Mike is joined by the Owner of Anthony’s Italian Restaurant in Malvern, Anthony Natale.
Mike and Anthony discuss what it was like owning a restaurant during covid, what Anthony’s did to make it through the pandemic, and what he would change if he had to do it all over again.
"What should I know about buying my first home?"
This week on Financial Planning: Explained, we cover the intricacies of buying your first home, through the eyes of a first time home buyer. Host Michael Menninger, CFP is joined once again by Kyle Ryan, CFP, an associate at Menninger & Associates.
Buying your first home can be intimidating, here are a few tips and tricks you should know before making the largest purchase of your life.
One of the most often asked questions of financial planners is, "Should I contribute to a Traditional or a Roth 401(k)?"
On this weeks episode of Financial Planning: Explained, we cover contributing to Traditional or a Roth 401(k). Host Michael Menninger, CFP is joined by Kyle Ryan, CFP, an associate at Menninger & Associates.
Although it depends on your unique financial situation that determines whether you should contribute to a Traditional or Roth 401(k), Mike and Kyle draw out many of the determining factors.
Business succession planning is an important part of operating a business, especially for small-business owners and owners who are nearing retirement.
This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Michael Egan, ChFC. Michael Egan is the founder of JME Financial Services, before merging with Menninger & Associates in 2019.
By making business succession arrangements early, owners help make a smooth transition and minimize any negative effects of their departure on the company.
Divorce can be a terrible experience.
This week on Financial Planning: Explained, we cover part two of our series on Family Law. For the second week, we are joined by joined by Family Law attorney, Sarinia Feinman, Esq. Sarinia is a Partner at Vetrano Vertrano & Feinman.
This week, Sarinia and Mike discuss alimony, post divorce issues, and tie both segments back into how it pertains to financial planning. The fear of not knowing what the next phase of life will look like can be intimidating, but we hope this insight will give a little ease to the divorce process.
This week on Financial Planning: Explained, we tackle a two-part series on Family Law.
For the next two weeks, Mike will be joined by Family Law attorney, Sarinia Feinman, Esq. Sarinia is a Partner at Vetrano Vertrano & Feinman.
Sarinia and Mike discuss the multitude of considerations when it comes to a divorce and custody, while still trying to maintain an amicable environment. The fear of not knowing what the next phase of life will look like can be intimidating, but we hope this insight will give a little ease to the divorce process.
In part two of our college sports series, Mike sits down with Matt Mark. Matt is the former head baseball coach at Caltech, and is currently the director of sales for SunnyMac Solar.
Matt and Mike discuss the college recruiting process through the eyes of a coach as well as the transition to solar power and its benefits.
We're very excited to announce our three part college sports series, where we will be discussing the process of recruiting and the transition into college sports.
In part one we welcome Mark Davis, a successful Defense Attorney and former Major League Baseball player from Pasadena, California. Mark and Mike discuss criminal law, college recruiting and dog days in the big leagues.
Are you or someone you know approaching Social Security age?
If so, this episode is a must watch as it covers the summary of the benefits in detail. This episode provides a detailed the calculation of your social security benefit and when you should consider taking it.
Be sure to share this video with friends and family that could benefit from this relevant information as they near retirement.
This week on Financial Planning: Explained, host Michael Menninger, CFP® introduces Social Security. This is a two part series that provides an in-depth analysis on understanding how Social Security works and the benefits of the system. Part I gives a broad overview of how Social Security works, where Part II investigates the specifics in great detail.
In this weeks episode of Financial Planning: Explained, host Michael Menninger, CFP® sits down with Nick Kennedy, CFP®. Nick is the Regional Vice President for Ameritas Retirement. Nick and Mike dive deep into the retirement plan process, and discuss strategies to maximize retirement outcomes.
This week on Financial Planning: Explained host Michael Menninger, CFP® welcomes Courtney Dolaway, Esq. Courtney is a partner at Flaster Greenberg PC, and oversees the Trusts & Estate department. Courtney and Mike explore the many different facets that are involved when it comes to Trusts.
On this weeks episode on Financial Planning: Explained host Michael Menninger, CFP® sits down with Cindy Axelrod, CFA and Kyle Ryan, CFP®. Cindy is the Director of the Financial Planning Program at Temple University's Fox School of Business. Kyle is a Financial Planner at Menninger & Associates and a recent graduate from the Temple Financial Planning Program. Tune in as the trio talks about the process students go through to become a Financial Planner, and the transition into the business world.
This week on Financial Planning: Explained host Michael Menninger, CFP welcomes Stacey McConnell, Esq. Stacey is an Attorney and head of the Estate and Trust department at Lamb McErlane PC. Stacey and Mike discuss topics ranging from executors handling an estate, to steps to help your administration after death.
In this weeks episode of Financial Planning: Explained, host Michael Menninger, CFP discusses Retirement Planning & Distribution. Topics discussed include: cumulation of assets and what people do when it comes to their 401(k) or pension.
This week on Financial Planning: Explained, host Michael Menninger, CFP® welcomes Michele Leahy. Michele is a disability life planner, and owner of Leahy Life Plan. Michele and Michael discuss topics including, home community based services for people who are born disabled as well as how to navigate people with disabilities to their federal benefits.
On this weeks on Financial Planning: Explained, host Michael Menninger, CFP sits down with Steve Potts, Esq. of Herr Potts & Potts. Steve and Michael discuss Special Needs Planning as it relates to Estate Planning. Topics covered range from potential government benefits to setting up trusts for people with special needs.
This week on Financial Planning Explained, host Michael Menninger, CFP welcomes Ed Bernhard, a retired car dealership owner. Ed and Michael discuss various topics from owning vs. leasing a car, to the auction process of automobiles, pertaining to financial planning.
In this weeks episode of Financial Planning Explained, Michael Menninger, CFP discusses the fundamentals of Estate Planning. He provides an overview of of the estate administration process, common pitfalls often encountered, how estates are taxed and strategies to improve estate efficiency.
This week on Financial Planning Explained, host Mike Menninger, CFP welcomes Kevin Stegena, mortgage broker and owner of Lending Capital Mortgage LLC. Kevin and Mike review the current interest rate environment and the impact it has on mortgages and refinancing.
This week on Financial Planning Explained, Michael Menninger, CFP welcomes real estate agent David Cary (named Best of Bucks County 2018).
In this weeks episode of Financial Planning Explained, host Michael Menninger, CFP covers part two on Tax Planning. After reiterating the foundation of the tax system, Michael uncovers some interesting and unique Tax Strategies.
This week, Michael Menninger, CFP discusses the first half of a two part series on Tax Planning as it pertains to Financial Planning as a whole.
This Week We Talk Medical & Health Insurance With The President Of Health And Benefits Partners, Adam Peltzman, Rhu.
Join us with guest Bryan Adler, Esq. from Rothkoff Law Group, as we discuss Elder Law Care as it pertains to Financial Planning.
Join us in the first episode of Financial Planning Explained, as host Michael Menninger, CFP outlines the show with RVNTV host Al Cini.