Navigating an Abundant Retirement with Carol Dewey: Recent Episodes
Carol Dewey
Hey! This is Carol Dewey
I’m excited to be bringing you Navigating an Abundant Retirement. This show is going to be your GPS to the principles to create a more worry-free retirement with less stress…...
In this podcast you will: 1. Get crystal clear on your destination 2. Identify the biggest retirement obstacles retirees now must overcome 3. Gain new mindset to retiring abundantly 4. Have new solution to retiring abundantly
AFTER THE EMBRAER 176 touched down at Chicago O’Hare, I put the draft of the manuscript I was finishing on the seat and grabbed my bag from the overhead compartment. “Wow! That’s a wonderful goal,” said the woman in seat 3D. Her comment startled me, and I wasn’t exactly sure what she meant.
Until I turned around.
She was pointing at the title, Retire Abundantly. To the woman in 3D, the question of how to retire abundantly was a daunting challenge. It is for many people: “Retirement” is a subject that returns 241,000,000 Google results. Two hundred and forty-one million!
Our three-legged retirement system, made up of Social Security, pensions, and personal savings, has changed a lot in the past 30 years. Social Security contributes less than it used to, pensions have become 401(k)s, and personal savings aren’t what they used to be, because people are living longer.
And worse, traditional financial planning techniques can make this situation worse. Pat advice that doesn’t take into account your goals and situation can cause serious damage to the happiness you should enjoy in your retirement years.
No wonder the woman in 3D was struck by my title.
You want answers. This podcast can deliver some.
For many widows, one question can quietly sit behind every financial decision: “Am I going to be okay financially?”
In this episode of Navigating Abundant Retirement, Carol Dewey explores the difference between financial fear and financial reality—and why confidence doesn’t come from reaching one magic number. It comes from understanding how your income, expenses, investments, taxes, healthcare costs, and goals work together.
Key Takeaways Why financial insecurity and financial reality aren’t always the same * How uncertainty can make financial challenges feel bigger than they are * Why confidence comes from understanding the entire financial picture * The importance of preparing for market and healthcare uncertainty * The difference between hoping you’ll be okay and knowing why* you’ll be okay * How organization, planning, and guidance can help turn fear into confidence
The goal isn’t to eliminate every uncertainty. It’s to replace fear with understanding, guessing with planning, and isolation with guidance.
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The financial plan you and your husband built together may have been exactly right for the life you shared—but when life changes, your financial plan may need to change too.
In this episode of Navigating Abundant Retirement, Carol Dewey discusses why many widows hesitate to make financial changes after losing a spouse and why adapting your plan isn't about forgetting the past—it's about creating a future that reflects your current life, priorities, and goals.
Key Takeaways:* Why many widows feel frozen when it comes to financial decisions * How grief and loyalty can make change feel uncomfortable * Why a financial plan built for two people may no longer fit one life * The importance of redefining your own goals and priorities * How building financial confidence begins with small, thoughtful decisions * Why honoring your spouse can also mean creating a plan that supports your future
Your financial plan should support the life you're living today—not the life you were living yesterday. Moving forward isn't about leaving your spouse behind; it's about honoring what you built together while creating a future that's right for you.
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YouTube
In this episode of Navigating an Abundant Retirement, Carol Dewey discusses the tax surprises many widows face after losing a spouse. While income may decrease, tax complexity can often increase because filing status, retirement accounts, Social Security, Medicare premiums, and asset sales may all be affected.
Carol explains why widowhood can change the tax environment and why major financial decisions should not be made without understanding the potential consequences. From retirement account withdrawals to Social Security taxation and Medicare premium increases, this episode highlights the importance of asking better questions before taking action.
The goal is not to become a tax expert. The goal is to avoid unnecessary surprises and make more confident financial decisions with the right planning and support.
Key Topics Covered* Why taxes may not automatically decrease after losing a spouse * How filing status changes can affect tax brackets and deductions * Tax considerations when withdrawing from inherited retirement accounts * Why Social Security may become taxable * How income decisions can impact future Medicare premiums * Tax consequences of selling investments, property, land, or a home * The difference between intentional patience and indefinite avoidance * Why better questions can lead to better financial decisions
Key TakeawayThe biggest tax mistakes widows make are often not caused by bad decisions. They are caused by decisions made without enough information. Understanding the questions to ask before making major financial moves can help reduce surprises and create more confidence.
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The first year after losing a spouse can feel overwhelming. Between paperwork, financial decisions, and the emotional weight of grief, many widows find themselves constantly reacting to responsibilities they never expected to face.
In this episode of Navigating Abundant Retirement, Carol Dewey walks through what typically happens financially during the first year of widowhood—from the first 30 days of stabilization, to the administrative challenges of months two through six, and ultimately the transition from reaction to planning.
Key Takeaways:* Why the first 30 days should focus on stabilization, not optimization * What financial and administrative responsibilities typically arise during months two through six * How to approach major financial decisions with clarity instead of fear * Why progress doesn't need to be fast to be meaningful * The transition from reacting to planning for the future * How confidence gradually replaces fear during the healing process
The goal of the first year is not perfection. It is not having every answer. The goal is to build enough clarity and confidence to believe that a good future is still possible—because it is.
Resources & LinksSpotify
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YouTube
Losing a spouse often means inheriting a new set of responsibilities at a time when you're already carrying the emotional weight of grief. In this episode of Navigating Abundant Retirement, Carol Dewey discusses why financial organization feels so overwhelming after loss and shares a simple framework for making the process more manageable.
Key Takeaways:* Why financial paperwork feels emotionally overwhelming after losing a spouse * The difference between financial organization and financial perfection * How the Four-Pile System can help simplify decision-making * Why you do not need to become a financial expert overnight * The importance of having the right guide to help coordinate the moving pieces * How clarity creates confidence and confidence creates progress
The goal is not to organize paperwork for the sake of organization. The goal is to create enough clarity and confidence that you can get back to living the life waiting on the other side of it.
Resources & LinksSpotify
Apple Podcasts
YouTube
After the loss of a spouse, many widows find themselves facing an overwhelming number of financial decisions at the exact moment they feel least prepared to make them.
In this episode of Navigating Abundant Retirement, Carol Dewey discusses some of the biggest financial decisions widows should never rush into—and why slowing down can often be the smartest financial move. From selling a home too quickly to making emotional investment changes, Carol shares practical guidance to help widows move from uncertainty and pressure toward clarity, confidence, and control.
Key Takeaways* Grief affects decision-making, confidence, and concentration * Major financial decisions rarely need to be made immediately * Pressure often comes from family, advisors, deadlines, and fear * Slowing down creates space for better decisions * Organization should come before action * Understanding income and cash flow is essential before making major changes * The right financial guidance provides clarity—not pressure
Financial Decisions Widows Should Never Rush Into🏡 Selling the Home Too QuicklyYour home is more than a financial asset. It represents stability, routines, memories, and comfort. Before making a decision to sell, downsize, or relocate, take time to evaluate both the emotional and practical implications.
📈 Making Emotional Investment ChangesFear and uncertainty can lead to drastic investment decisions. Before moving assets, liquidating accounts, or shifting everything to cash, take time to understand what you own, how it works, and how it supports your long-term goals.
💰 Tax Decisions Without Understanding the ConsequencesThe loss of a spouse often changes tax filing status, income thresholds, Medicare premiums, and distribution requirements. Understanding the ripple effects before making decisions can help prevent costly mistakes.
👨👩👧 Helping Family Too QuicklyMany widows feel pressure to help adult children or distribute inherited assets immediately. Giving yourself time to stabilize your own financial situation first is not selfish—it is wise.
🤝 Trying to Handle Everything AloneFinancial isolation can create unnecessary stress and confusion. The right support system can help you move forward with clarity and confidence during a difficult transition.
What to Focus on FirstInstead of rushing into major decisions, focus on:
📋 OrganizationGather and organize:
- Financial accounts
- Insurance policies
- Beneficiary information
- Income sources
- Legal documents
💵 Understanding IncomeIdentify:
- Social Security benefits
- Pension income
- Survivor benefits
- Investment income
- Required distributions
⚖️ Legal & Tax CoordinationReview:
- Wills
- Trusts
- Beneficiary designations
- Powers of attorney
- Healthcare directives
- Tax implications
Core MessageYou do not need to become a financial expert overnight.
You do not need every answer today.
You simply need a process, a plan, and the right people to help guide you through the next step.
Reflection QuestionWhat financial decision in your life right now might benefit from more clarity—and less urgency?
LinkedIn-Friendly TakeawayOne of the biggest mistakes widows make is believing they need to have everything figured out immediately.
But confidence doesn't come from moving faster.
It comes from understanding your options, slowing down when necessary, and making thoughtful decisions from a place of clarity—not pressure.
Resources & LinksNavigating Abundant Retirement – Spotify
Navigating Abundant Retirement – Apple Podcasts
📺 Perpetual Wealth Financial YouTube Channel
Episode Quote"There is no prize for making fast financial decisions while emotionally overwhelmed. The goal is not perfection. The goal is progress with the right support." — Carol Dewey
Losing a spouse changes everything and for many women, it also means suddenly stepping into financial responsibilities they never had to manage before.
In this episode of Navigating Abundant Retirement, Carol Dewey walks through the emotional and financial realities that often follow the loss of a spouse and explains why the first step is not rushing into major financial decisions but creating clarity, stability, and protection first. Through the story of “Susan,” Carol shares the most common mistakes made during this vulnerable period and offers a calm, structured framework for moving forward with confidence.
Key Takeaways* Most major financial decisions should not be made immediately after losing a spouse * Grief can affect decision-making and increase vulnerability to pressure * Slowing down is often the smartest financial decision you can make * The early focus should be on: * Clarity * Stability * Protection * You do not need to have everything figured out right away * A trustworthy advisor helps you understand options—not pressure you into decisions
What Matters Most in the Early Days🔹 ClarityUnderstand:
- What accounts exist
- How assets are titled
- What income sources are available
- Your current financial picture
🔹 StabilityEnsure:
- Bills are being paid
- Income continues uninterrupted
- Day-to-day financial life remains manageable
🔹 ProtectionReview:
- Beneficiaries
- Asset transfers
- Potential risks or gaps during the transition
A Critical ReminderThis is not the time to make permanent financial decisions based on temporary emotions.
You do not need to:
- Restructure everything immediately
- Reinvest account quickly
- Sell major assets right away
- Rush into commitments
You are allowed to slow down and think clearly first.
Core MessageThe goal is not perfection.
The goal is progress—with the right support, at the right pace.
Reflection QuestionAre you making decisions from clarity—or from pressure to feel in control again?
One of the biggest mistakes after losing a spouse is feeling pressure to “figure everything out” immediately.
But clarity rarely comes from urgency.
Sometimes the strongest financial decision is giving yourself permission to slow down, gather information, and move forward one thoughtful step at a time.
Resources & Links🎧 Spotify Show, Apple Podcasts, YouTube
Many business owners look highly successful from the outside—strong revenue, consistent income, and growing companies. But behind the scenes, many still feel financially disorganized, overwhelmed, or uncertain if everything is truly working together.
In this episode of Navigating Abundant Retirement, Carol Dewey explains why success does not always create clarity. Often, financial lives are built by solving problems one at a time—hiring a CPA, working with an advisor, setting up legal structures—but without an overall coordinated strategy. Over time, this fragmentation can create hidden inefficiencies, missed opportunities, and the feeling that you are carrying everything alone.
Key Takeaways* Strong income does not automatically create financial organization * Solving problems individually is not the same as having a coordinated strategy * Separate advisors may do their jobs well, but still leave gaps between decisions * Fragmentation can lead to higher taxes, missed planning opportunities, and income inefficiencies * Financial pressure often comes from trying to connect all the pieces alone * Clarity and confidence improve when decisions are aligned under one strategy
Why It Feels Out of ControlMany business owners have:
- A collection of accounts
- A CPA focused mainly on past taxes
- An advisor focused on investments
- An attorney focused on legal protection
Each piece may function individually, but no one is asking:
How does all of this work together?
That disconnect creates friction over time.
What Changes EverythingInstead of trying to fix everything at once:
- Step back and review the full picture
- Identify gaps and inefficiencies
- Build a coordinated strategy
- Align business success with personal financial freedom
- Move from reacting to planning
Core MessageThis is not about needing more advisors or making more money.
It is about coordination.
When your financial life is connected properly, decisions become clearer, confidence grows, and you stop carrying the burden alone.
Reflection QuestionAre your financial decisions connected by a strategy—or just built one problem at a time?
Resources & Links🎧 Spotify Show
🍎 Apple Podcasts
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In this episode of Navigating Abundant Retirement, Carol Dewey explores what happens in the first 90 days after a major financial transition—and why this period is often the most vulnerable for decision-making.
When financial responsibility suddenly increases, whether due to a life event, business growth, or shifting roles, pressure builds quickly. Many feel the need to act immediately. But as Carol explains, the real risk isn’t the market or external factors; it’s making permanent financial decisions in a temporary emotional state.
This conversation focuses on slowing down, creating space, and making thoughtful decisions that truly align with your life today, not your past circumstances.
Key Takeaways Pressure rises faster than clarity during major financial transitions * The biggest risk is making irreversible decisions too quickly * Speed is not the same as clarity—and often leads to misalignment * Not all advice is aligned with your best interest * Your intuition matters, especially when something feels rushed * Financial strategies should be reevaluated, not rushed*
What NOT to Do in the First 90 Days* Don’t rush to move all accounts or restructure everything immediately * Don’t make irreversible financial decisions without time to think * Don’t assume all advice is aligned with your goals * Don’t ignore internal hesitation or uncertainty
A Better Approach Give yourself permission to pause * Create space before making major financial decisions * Seek education over pressure * Work with someone who helps you move step-by-step with clarity*
Core MessageUncertain moments don’t require faster decisions; they require better ones.
And better decisions only happen when you give yourself the space to think clearly.
Reflection QuestionAre you making decisions based on clarity or reacting to pressure?
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In this episode of Navigating Abundant Retirement, Carol Dewey explores a critical distinction that many retirees overlook: income does not equal wealth.
While generating income in retirement is important, income alone does not guarantee stability, flexibility, or long-term peace of mind. Carol explains why true retirement confidence comes from structure, coordination, and after-tax clarity, not just how much money is coming in.
Key Takeaways Income is a flow — wealth is a structure * High income does not always mean stable or sustainable income * True wealth is measured by net spendable, after-tax income* * Tax inefficiency can quietly erode long-term retirement income * Stability and predictability matter more than maximizing income
The 3 Layers of Wealth Planning1. Income – What comes in monthly 2. Stability – How predictable and tax-efficient that income is 3. Longevity & Legacy – How income sustains your lifestyle and supports your long-term goals
Most retirement plans stop at income. True wealth planning addresses all three.
Why Structure MattersWithout coordination, income can be fragile:
- Market-dependent income may fluctuate
- Tax exposure can reduce net income
- Longevity and healthcare costs can strain resources
- Poor planning can impact legacy goals
Wealth is not just what you have—it’s how efficiently it supports your life over time.
Reflection Questions* If markets decline, does your income decline? * If taxes rise, does your net income drop significantly? * If one spouse passes away, does your income structure change? * If healthcare costs increase, does your lifestyle adjust?
If you’re unsure, income alone may not be enough.
Core MessageIncome may feel reassuring—but coordination creates true wealth.
Clarity leads to confidence.
Resources📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment
💬 Website: https://www.perpetualwealthfinancial.com
💬 LinkedIn: https://www.linkedin.com/in/perpetualwealth/
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In this episode of Navigating Abundant Retirement, Carol Dewey explores a subtle but significant retirement risk: the belief that once a plan is created, it can simply run on autopilot.
While long-term investing discipline is important, retirement is not a static phase of life. Markets shift, tax laws evolve, healthcare costs rise, and personal circumstances change. Without regular review and intentional adjustments, even a well-designed retirement plan can slowly drift off course.
Key Risks of “Set It and Forget It” PlanningTax DriftMany retirees hold a large portion of their assets in tax-deferred accounts like IRAs and 401(k)s. Without proactive tax coordination, withdrawals can unintentionally trigger higher tax brackets, increased Social Security taxation, or Medicare IRMAA surcharges.
Risk MisalignmentPortfolios designed for accumulation may remain too aggressive in retirement. If volatility causes stress or reactive decisions, the investment strategy may no longer match the retiree’s true risk tolerance.
Unstructured WithdrawalsTaking income from investments “as needed” can lead to inefficient withdrawal sequencing, missed tax planning opportunities, and increased portfolio pressure during downturns.
Healthcare & Longevity RisksMedicare covers many expenses, but not everything. Long-term care, extended healthcare needs, and longevity require proactive planning.
Estate Plan DriftBeneficiaries, laws, and family circumstances change over time. Estate plans that are never revisited may no longer reflect current intentions or tax realities.
Why Regular Review MattersRetirement planning isn’t about constant changes—it’s about intentional oversight.
An annual review should evaluate:
- Tax projections and Roth conversion opportunities
- Withdrawal sequencing strategies
- IRMAA thresholds and tax exposure
- Portfolio risk alignment
- Healthcare planning and longevity assumptions
- Estate documents and beneficiary designations
Even small adjustments can significantly improve long-term outcomes.
Core MessageRetirement isn’t autopilot—it’s navigation.
Confidence in retirement doesn’t come from ignoring the plan.
It comes from reviewing, refining, and adjusting it as life evolves.
Resources📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment
💬 Website: https://www.perpetualwealthfinancial.com
🎧 Listen & Subscribe: Spotify, Apple Podcasts, YouTube
In this episode of Navigating Abundant Retirement, Carol Dewey addresses a critical shift that many retirees miss: moving from accumulation thinking to income thinking.
While markets are powerful wealth-building tools, they are not income plans. If your retirement lifestyle depends entirely on market performance, you may be relying on hope rather than structure. Carol explains why income predictability—not portfolio size—is the foundation of retirement confidence.
Retirement Shouldn’t Depend on …
Key Topics Covered🔹 The Danger of Sequence of Returns RiskWithdrawals change the math. Early downturns during retirement can permanently damage income sustainability—even if markets eventually recover.
🔹 Why Averages Don’t Protect Cash FlowLong-term returns don’t guarantee short-term stability. Structure protects income. Hope does not.
🔹 Income Layering StrategyCarol introduces a tiered approach to retirement income:
- Layer 1: Guaranteed Income
- Social Security, pensions, and contractually guaranteed income sources.
- Layer 2: Structured, Lower-Volatility Income
- Bond ladders, dividend portfolios, and fixed-income strategies.
- Layer 3: Growth Assets
- Equities and long-term appreciation investments for lifestyle expansion.
This framework separates essential expenses from market exposure.
Retirement Shouldn’t Depend on …
Taxes: The Overlooked RiskPre-tax retirement accounts come with future tax obligations. Required Minimum Distributions (RMDs), Medicare surcharges, and Social Security taxation can quietly erode net income.
Retirement planning is not just about returns, it’s about after-tax income.
Retirement Shouldn’t Depend on …
Core Reflection QuestionIf the market dropped 25% next year, would your retirement lifestyle change?
If yes, your income plan may be too dependent on growth. If no, you likely have a structure in place.
Core MessageThe market is a wealth-building tool not a retirement income strategy.
Retirement shouldn’t feel fragile. It should feel free.
Retirement Shouldn’t Depend on …
What’s NextIn the next episode, Carol explores another hidden risk: the danger of “set-it-and-forget-it” retirement planning and how complacency can quietly erode long-term security.
Resources📘 Free Download: 8 Key Drivers of Company Value
📅 Book a Complimentary Lifestyle & Legacy Assessment
💬 Website: https://www.perpetualwealthfinancial.com
💬 LinkedIn: https://www.linkedin.com/in/perpetualwealth/
🎧 Listen on Apple Podcasts, Spotify, and YouTube
In this episode of Navigating Abundant Retirement, Carol Dewey addresses a hard truth: most people don’t actually have a retirement plan; they have a collection of financial products.
Even successful savers and investors often feel uncertain about taxes, market downturns, healthcare costs, and income sustainability. The issue isn’t effort; it’s framework. Carol explains why traditional retirement planning fails and introduces the Navigator Framework, a coordinated, adaptive approach designed to help retirees move from accumulation to confident navigation.
Why Most Retirement Plans Fail …
Why Most Retirement Plans Break Down1. Assumption-based planning that ignores real-world volatility 2. Product-first recommendations without integrated strategy 3. Failure to manage sequence-of-returns risk 4. Static plans that cannot adapt when life changes 5. Why Most Retirement Plans Fail
Retirement doesn’t happen in a spreadsheet. Markets shift. Tax laws evolve. Health and family dynamics change. A plan built on assumptions collapses under reality.
The Shift: From Accumulation to NavigationRetirement requires a different skill set. You are no longer racing toward a number; you are steering through uncertainty.
The Navigator Framework focuses on:
- Clarity – Understanding your true income, tax exposure, and risk
- Course Mapping – Coordinating income, taxes, risk, and legacy planning
- Navigation Tools – Choosing strategies that fit the plan, not products sold in isolation
- Course Corrections – Adjusting as markets, laws, and life evolve
- Why Most Retirement Plans Fail …
Key QuestionIf the market dropped 20% tomorrow, would your retirement lifestyle change?
If the answer is yes or even maybe, the issue isn’t how hard you’ve worked. It’s how your plan is structured.
Core MessageAbundance doesn’t come from predicting the future.
It comes from navigating it well.
Why Most Retirement Plans Fail
Resources📘 Free Download: 8 Key Drivers of Company Value
📅 Book a Complimentary Lifestyle & Legacy Assessment
💬 Website: https://www.perpetualwealthfinancial.com
💬 LinkedIn: https://www.linkedin.com/in/perpetualwealth/
🎧 Listen on Apple Podcasts, Spotify, and YouTube
In this episode of Navigating Abundant Retirement, Carol Dewey explores the hidden risks that often emerge after financial success, the ones that don’t show up in performance reports or headlines. These risks are subtle, gradual, and frequently overlooked, yet they can quietly undermine confidence, income, and peace of mind in retirement.
Carol explains why success can create blind spots, how retirement changes the rules around decision-making, and why abundant retirement planning requires more than strong investment returns.
The Invisible Risks No One Warn…
Key Takeaways1. The biggest retirement risks are often invisible, not market-driven 2. Timing and sequence of withdrawals can matter more than portfolio size 3. Taxes quietly erode income over time without proactive planning 4. “Safe” strategies without coordination can introduce new risks 5. Family, legacy, and communication gaps create emotional and financial exposure 6. Purpose and identity matter as much as money after success 7. The Invisible Risks No One Warn…
Core MessageAbundant retirement isn’t about predicting the future; it’s about preparing for variability. True confidence comes from coordinated planning that addresses income, taxes, family dynamics, and purpose, not just accumulation.
The Invisible Risks No One Warn…
What’s NextIn the next episode, Carol explains why income—not net worth—is the true foundation of retirement confidence.
The Invisible Risks No One Warn…
Resources📘 Free Download: 8 Key Drivers of Company Value
📅 Book a Complimentary Lifestyle & Legacy Assessment
💬 Website: https://www.perpetualwealthfinancial.com
💬 LinkedIn: https://www.linkedin.com/in/perpetualwealth/
🎧 Listen on Apple Podcasts, Spotify, and YouTube
In this first episode of 2026, host Carol Dewey explores the "quiet tension" many successful retirees and pre-retirees feel despite having a solid net worth. She moves the conversation beyond simple math problems and market performance to address why many feel unsettled even when they have "enough." Carol challenges the traditional view of retirement as a single event, reframing it as a complex transition that requires coordinated navigation rather than siloed advice.
Listeners are invited to move from a state of "drifting" to one of "responding," ensuring their wealth is fully aligned with their lifestyle, values, and legacy.
Key Takeaways1. Retirement is a Transition, Not an Event. Retirement is often viewed as a date on the calendar or a single financial transaction, but it is actually a major life transition where identity, routines, and income sources shift. Navigating this transition successfully requires awareness and the ability to adjust when conditions change. 2. The Danger of Fragmentation: Success often leads to complexity, resulting in "siloed advice," where different experts (CPAs, attorneys, and advisors) handle individual pieces of a financial life. Without a coordinated perspective responsible for the whole picture, high-net-worth individuals often carry hidden risks they cannot see. 3. Net Worth vs. Usable Wealth: A high net worth does not automatically equate to financial peace. True "abundant retirement" comes from understanding how wealth is coordinated, how taxes impact decisions over a lifetime, and ensuring money is working for your life rather than the other way around. 4. Confidence Over Certainty: While many seek certainty, it is often an illusion due to changing markets, health, and tax laws. True peace of mind comes from confidence—knowing you have considered multiple outcomes and understand your trade-offs so you can respond to change rather than react to it. 5. Moving from Success to Significance: For those who have already achieved financial success, the next step is finding clarity and alignment. This involves preparing the family, not just the portfolio, and ensuring that wealth supports a deeper sense of purpose and identity after a career or business transition.
Additional Highlights From the Episode1. The "Enough" Gap: Discussion on why having millions can still lead to fear when a plan is not coordinated or defined. 2. Real-World Lessons: Carol shares a story of a successful business owner who had a great team but lacked a coordinated tax and succession strategy. 3. 2026 Roadmap: A preview of upcoming topics including invisible risks, tax traps, and planning for purpose beyond documents.
Episode Resources & Links🎧 Listen to Navigating an Abundant Retirement
- Spotify
- Apple Podcasts
- YouTube
📘 Helpful Resources
- Free Download: 8 Key Drivers of Company Value
- Book Your Complimentary Lifestyle & Legacy Assessment
- Website: https://www.perpetualwealthfinancial.com
In this final episode of the year, Carol Dewey guides listeners through a powerful year-end reflection designed to help them close 2025 with clarity and enter 2026 with purpose and alignment. Rather than traditional resolutions, Carol offers three intentional questions that help retirees and pre-retirees evaluate their progress, release what’s no longer serving them, and set meaningful priorities for the new year.
Listeners are encouraged to pause, reflect, and reconnect with the deeper purpose behind their financial strategies—ensuring their wealth supports a life of peace, fulfillment, and abundance.
Key Takeaways1. What worked well this year?Reflection begins with gratitude. Before planning ahead, acknowledge victories—big or small. Celebrating progress strengthens emotional clarity and supports better financial decisions.
2. What no longer serves you?Letting go creates space for opportunities. This includes outdated financial strategies, draining commitments, unhelpful habits, or scarcity-based beliefs that no longer fit your goals.
3. What will you prioritize in the new year?Priorities provide direction. Whether financial (tax-efficient income, estate planning, risk alignment) or personal (health, connection, meaning), intentional priorities create alignment between your resources and your life.
4. Preparation beats predictionYou cannot control markets, headlines, or volatility—but you can control your structure, your plan, and your mindset. Clarity creates calm.
5. A new year is an invitation to resetThis is the moment to review your retirement income strategy, confirm that investments still match your comfort level, revisit tax planning, and recommit to a mindset of stewardship and purpose.
Additional Highlights From the Episode Celebration of another year of Navigating Abundant Retirement and the community it has built. * Announcement of the new alternating schedule: the podcast will now air every other Thursday. * Exciting news: The Owner’s Playbook*, a new companion podcast for business owners preparing their endgame, launches this December. * Finish Strong 2025_ Three Quest…
Episode Resources & Links🎧 Listen to Navigating an Abundant Retirement Spotify * Apple Podcasts * YouTube*
📘 Helpful Resources Free Download: 8 Key Drivers of Company Value * Book Your Complimentary Lifestyle & Legacy Assessment * Website: https://www.perpetualwealthfinancial.com * LinkedIn*
DisclaimerThis episode is intended for educational purposes only and should not be considered personalized financial advice. Consult a qualified advisor for guidance specific to your situation.
In this Thanksgiving-themed episode of Navigating an Abundant Retirement, host Carol Dewey explores the deeper meaning of abundance—one that goes beyond account balances and market performance. Carol introduces the concept of the Gratitude Portfolio: the collection of invisible yet invaluable assets that create peace, joy, and purpose in retirement.
Listeners learn why gratitude is not just an emotion but a mindset that shapes financial clarity, confidence, and decision-making. Carol walks through the four key “asset classes” of the gratitude portfolio—relationships, health, time, and purpose—and offers a practical exercise called the Gratitude Audit to help retirees reflect on the wealth they already possess.
Key Takeaways:1. Abundance Starts with Mindset, Not MoneyGratitude increases awareness and emotional wealth, even when finances don’t change.
2. Your Gratitude Portfolio Has Four Life Assets Relationships – the people who support, love, and grow with you. * Health – appreciating what your body can still do. * Time – the most limited currency with the highest value. * Purpose* – the meaning and contribution that create legacy.
3. A Gratitude Audit Creates ClarityListing both financial and gratitude assets helps reveal what truly matters—and what drives fulfillment.
4. Turn Gratitude Into ActionExpress gratitude, share generously, and ensure your financial plan reflects what you value most.
5. Gratitude Is the Antidote to FearYou can’t be anxious and grateful at the same time—gratitude anchors you through uncertainty.
Episode Resources & Links🎧 Listen to the Show Spotify Apple Podcasts YouTube*
📘 Free Resources from Carol Dewey Free Download: 8 Key Drivers of Company Value * Book Your Complimentary Lifestyle & Legacy Assessment * Website: https://www.perpetualwealthfinancial.com * LinkedIn:* https://www.linkedin.com/in/perpetualwealth/
In this year-end episode of Navigating Abundant Retirement, Carol Dewey breaks down five essential financial moves to make before December 31st. These simple but strategic actions can help you reduce taxes, improve income planning, and set up a stronger financial foundation for 2026.
🔑 Short Key Takeaways1. Confirm Your RMDs & Use QCDsAvoid the 25% penalty and use charitable giving to reduce taxable income.
2. Make Strategic Roth ConversionsConvert just enough to stay in your current tax bracket while rates are still low.
3. Harvest Losses (and Gains)Use losses to offset gains — or lock in gains at favorable rates.
4. Use Charitable BunchingCombine multiple years of giving to maximize deductions; consider a Donor-Advised Fund.
5. Review Withholding & Estimated TaxesPrevent penalties and ensure your withholding reflects this year’s income changes.
Bonus: Update Estate & Legal DocumentsMake sure beneficiaries, POAs, and trust documents reflect your current wishes.
🧭 Final ThoughtsThese year-end moves help you keep more of what you earn, increase tax efficiency, and align your financial decisions with long-term goals. Schedule a 21-Point Wealth Assessment if you want personalized guidance.
🔗 Resources & Links📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube.
In this powerful episode of Navigating Abundant Retirement, host Carol Dewey shifts the conversation from traditional returns and market metrics to something far deeper: Return on Intention.
Carol explores why many retirees feel financially successful but emotionally unfulfilled — and how reconnecting money to meaning can transform the retirement experience. Through real client stories and a three-level framework (Stability, Security, Significance), she explains how to align your wealth with your values, your purpose, and the life you truly want to live.
This episode is a reminder that retirement isn’t just about having enough — it’s about knowing what “enough” means for you.
Key Takeaways1. More isn’t always betterMany people spend their lives accumulating without defining “enough,” leading to endless chasing and emotional dissatisfaction.
2. Return on Intention > Return on InvestmentROI matters — but the deeper impact comes from how your financial decisions support joy, purpose, connection, and legacy.
3. The Three Levels of Financial Fulfillment• Stability — Financial Control
Understanding income, expenses, and cash flow.
• Security — Financial Confidence
Reliable income streams, tax strategies, and protection.
• Significance — Financial Purpose
Using wealth for legacy, impact, and meaning.
4. Three Steps to Build Your Return on Intention• Revisit your WHY — realign your financial decisions around your purpose.
• Align your financial tools — every account or product must serve a clear goal.
• Measure success differently — peace, purpose, and joy are the true metrics.
5. Gratitude changes how you see your wealthThrough stewardship and gratitude, money becomes not just something you have — but something you use to bless others.
💬 Memorable Quote of the Week“The greatest wealth is the ability to fully experience life.” — Henry David Thoreau
📌 Featured Call to ActionIf you're ready to connect your money with your meaning, schedule your Lifestyle & Legacy Assessment with Carol.
Discover how to align your income, investments, and estate plan with the life you truly want to live.
📘 Resources & Links📘 Free Download: 8 Key Drivers of Company Value
https://perpetualwealthfinancial.com/8keydrivers
📅 Book your Complimentary Lifestyle & Legacy Assessment:
https://link.betterautomate.com/widget/bookings/meetcarol/discovery-v
💬 Website:
https://www.perpetualwealthfinancial.com
💬 Connect with Carol on LinkedIn:
https://www.linkedin.com/in/perpetualwealth/
🎧 Listen & Subscribe:
Available on Apple Podcasts, Spotify, and YouTube
In this episode, Carol Dewey takes a hard look at the financial myths that hold retirees back from living with true abundance. Inspired by Garrett Gunderson’s Killing Sacred Cows, Carol exposes the traditional money beliefs that keep investors anxious, reactive, and stuck in scarcity thinking.
From the illusion that “you must take big risks to get big rewards” to the outdated idea that “retirement is the finish line,” Carol helps you reframe wealth through the lens of stewardship, clarity, and confidence.
Key Takeaways:💡 Myth #1 – “You have to take big risks to get big rewards.”
True wealth isn’t about gambling—it’s about controlling risk and focusing on what you understand. Risk equals uncertainty, not reward.
💡 Myth #2 – “Retirement is the finish line.”
Purpose doesn’t stop at 65. True retirement is about purposeful independence—living with freedom, flexibility, and continued contribution.
💡 Myth #3 – “All debt is bad.”
Used strategically, debt can be a tool for efficiency and growth. The key isn’t debt-free—it’s financially free.
💡 Myth #4 – “Diversify and pray.”
Owning a dozen funds isn’t a strategy—it’s confusion. True diversification means owning with intention and clarity.
💡 Myth #5 – “Scarcity protects you.”
Scarcity thinking creates anxiety. Stewardship builds clarity, efficiency, and purpose-driven wealth.
Carol’s Insights: The wealthy don’t chase high returns—they create consistent, intentional returns that align with their lifestyle and peace of mind. * Abundance isn’t a number—it’s a mindset. * The goal is not to “retire,” but to stay engaged—mentoring, creating, and contributing. * Debt isn’t the enemy; ignorance is. When you understand cash flow, leverage, and taxes, you control the game. * Shift from fear to stewardship*: manage what you have wisely so it can serve generations.
From Scarcity to Stewardship:Scarcity says, “I might not have enough.”
Stewardship says, “I will multiply what I’ve been given.”
When you move from fear to stewardship, your wealth becomes purposeful, your decisions become clear, and your legacy becomes lasting.
Carol’s Closing Thought:
“True abundance isn’t about what you have—it’s how well you live with what you’ve been given.Replace fear with stewardship, scarcity with purpose, and hope with clarity.”
Resources Mentioned:📘 Free Download: 8 Key Drivers of Company Value
📅 Book Your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
In this episode, Carol Dewey dives into how investors can stay calm and confident when financial waters turn turbulent. Using the unforgettable metaphor of shark-infested markets, Carol explains how fear and uncertainty can drive poor decisions—and how to protect your portfolio when the market starts to churn.
Drawing from a real client story, Carol highlights how a well-structured plan can replace panic with peace of mind. You’ll also learn the four key traits of a disciplined investment approach and how Perpetual Wealth Financial helps clients navigate uncertainty with clarity, confidence, and control.
Key Takeaways:💡 Fear is natural—but it shouldn’t drive your strategy. Markets will always have “sharks” lurking beneath the surface.
💡 You can’t control the market, but you can control your response. Build a vessel strong enough for rough seas.
💡 Avoid the bait. Don’t chase hype or headlines—stick to fundamentals.
💡 Diversify and find safe harbors. Global allocation and protected income can smooth volatility.
💡 Preparation over prediction. Focus on what you can control: allocation, taxes, liquidity, and discipline.
Carol’s 4 Traits of a Smart Investor:1. Avoid the shiny objects. Ignore hype; focus on substance. 2. Focus on value and resilience. Invest in businesses built to adapt. 3. Think globally. Diversify beyond domestic headlines. 4. Keep safe harbors. Balance growth with stability through fixed income, annuities, and cash.
Inside the Episode:Carol shares the story of a cautious investor who lost trust after being ignored by her previous advisor. Together, they built a balanced plan—part annuity for guaranteed stability and part managed portfolio for long-term growth. The takeaway? When your advisor listens and your portfolio aligns with your comfort level, even the choppy waters become manageable.
The Perpetual Wealth Navigation Process:🔹 You First: Every plan starts with your goals, not a product.
🔹 Taxes Last: Designed to minimize tax drag wherever possible.
🔹 Side Effects Least: Reduces hidden risks, costs, and unintended consequences.
Carol’s team also uses a 21-Point Wealth Assessment—a financial “safety inspection” to find leaks or weak points before the next storm.
Carol’s Closing Thought:
“You can’t eliminate market risk, but you can control how you respond to it. Fear feeds the sharks—but clarity, confidence, and communication keep you safe.”
Resources Mentioned:📘 Free Download: 8 Key Drivers of Company Value
📅 Book Your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
Volatility is back — but panic shouldn’t be part of your portfolio.
In this episode of Navigating Abundant Retirement Radio, Carol Dewey breaks down why markets are swinging, what’s really happening beneath the headlines, and how disciplined investors can sleep in peace — even when Wall Street doesn’t.
From geopolitical tensions and Fed policy shifts to silver’s surprising strength, Carol explains how tactical strategies and safe-money planning can help you stay confident no matter what the markets do next. You’ll also learn how her firm’s Sleep in Peace Strategy helps clients protect their wealth, preserve income, and keep their focus on living life — not watching tickers.
What You’ll Learn in This Episode Why recent volatility is “normal” in an election year — and what’s driving it. * The difference between reacting to headlines and following disciplined signals. * How the “Sleep in Peace Strategy” helps investors avoid emotional mistakes. * Why protection beats perfection* when it comes to long-term investing. * How silver and other defensive-growth assets fit into a resilient portfolio. * The “Three Worlds of Money” framework — balancing banking, insurance, and investments for true stability.
Markets will always move — but with the right plan, your confidence doesn’t have to.
Resources & Links📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
In this episode, Carol Dewey challenges the myth that your business must be perfect before it’s ready to sell. The truth? Strategic buyers aren’t looking for perfection—they’re looking for potential.
Carol unpacks how smart acquirers see opportunity in imperfection and how business owners can reframe their flaws as selling points. From understanding the difference between fatal flaws and fixable flaws to positioning your business story in the right way, this episode empowers business owners to view their companies through the eyes of strategic buyers.
Key Takeaways:💡 Perfection is overrated. Buyers value potential more than polish.
💡 Your flaws can be your edge. The right buyer may see your weaknesses as opportunities.
💡 Think synergy, not symmetry. Strategic buyers look for how your business complements theirs.
💡 Differentiate fatal vs. fixable flaws. Clean up compliance issues, but highlight fixable ones.
💡 Preparation beats perfection. A transferable business is far more valuable than a flawless one.
Action Steps for Business Owners:1. Tell the right story. Frame your weaknesses as opportunities for growth. 2. Identify the “who” before the “fix.” Find buyers whose strengths fill your gaps. 3. Document your core strengths. Make your intellectual capital and relationships clear. 4. Build recurring value. Even small recurring revenue streams add predictability. 5. Work with advisors who understand M&A psychology. The right story + strategy = maximum value.
Carol’s Closing Thought:
“Your business will never feel ready. What matters is preparation, not perfection.
The goal isn’t to build a perfect business—it’s to build a transferable one.”
Resources Mentioned:📘 Free Download: 8 Key Drivers of Company Value
📅 Book Your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
In this episode of Navigating Abundant Retirement, Carol Dewey dives into one of the most powerful yet overlooked drivers of company value — Monopoly Control.
When you build a moat around your business, you stop competing on price and start commanding premium valuations. It’s not about being the biggest in your industry — it’s about being the only one in your niche who solves a critical problem better than anyone else.
Carol shares real-world stories, including how one founder outperformed billion-dollar competitors not by expanding, but by focusing. You’ll learn how clarity, specialization, and defensibility create lasting enterprise value — and why buyers line up for businesses with strong moats.
What You’ll Learn in This Episode What “monopoly control” really means — and how it drives higher EBITDA multiples. * The danger of operating in “commodity land” and constantly competing on price. * A real-life founder who beat billion-dollar firms by going deep instead of broad.* * Three proven strategies to build your moat:
🎯 Niche specialization
💡 Patents & intellectual property
🤝 Customer dependency & trust
- How monopoly control fuels a virtuous cycle of stronger margins, higher earnings, and premium valuation.
- Why your moat doesn’t have to rely on technology — it can be built on focus, relationships, and expertise.
Monopoly Control isn’t about outmuscling competitors — it’s about out-positioning them. Learn how to build a business that commands respect, pricing power, and long-term wealth.
Resources & Links📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
In this Special Market Report, Carol Dewey unpacks one of the market’s biggest surprises — a rally during a government shutdown. While headlines scream uncertainty, history tells a very different story.
Carol explains why the market is celebrating instead of panicking, what weak payroll and manufacturing data mean for Federal Reserve policy, and how seasonal patterns could make October a strong month for investors.
Tune in to understand why long-term investors shouldn’t be rattled by short-term noise — and how temporary disruptions often create opportunity.
What You’ll Learn in This Episode* Why markets often rise during government shutdowns. * How weak payroll data can actually spark optimism on Wall Street. * What the ISM manufacturing report signals for potential Fed rate cuts. * Why missing economic data may be boosting investor sentiment. * The seasonal tailwinds that make October historically strong for stocks.
Markets don’t always behave the way the headlines suggest — and this episode explains why the data beneath the surface matters most.
Resources & Links📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
Most CPAs are historians—they tell you what happened last year. But business owners and high-net-worth families can’t afford to just look backward. In this episode, Carol Dewey introduces The Crown Program: an exclusive, invitation-only approach to advanced tax and business planning designed to help you keep more of what you’ve built, protect your legacy, and exit without regret.
What You’ll Learn in This Episode:
- Why traditional tax planning fails business owners.
- The “doctor analogy” and how Diagnose → Prescribe → Fill applies to wealth strategy.
- Real-world case studies where The Crown Program saved clients hundreds of thousands in taxes.
- What makes white-glove planning different from CPA year-end prep.
- Why acting now (not April) is crucial to avoid costly mistakes.
- Who The Crown Program is for—and who it isn’t for.
Key Takeaway:
Short-term tax tricks can sabotage your long-term legacy. Strategic, proactive planning helps you keep more of what you’ve earned, protect your wealth, and secure the future of your business and family.
Resources & Links Mentioned:
📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
Selling your business is one of the biggest financial turning points in your life—but without planning, you could lose 30–40% of its value to taxes. In this episode, Carol Dewey breaks down how to turn tax traps into tax savings so you can exit with confidence and without regret.
Carol shares real-life case studies of business owners who reduced their tax bills by millions using strategies like installment sales, charitable remainder trusts, deferred sales trusts, opportunity zone funds, and wealth replacement trusts. You’ll learn why the time to plan is before you sell—not after the ink is dry.
Whether you’re five years away from selling or already considering an exit, this episode will help you protect your wealth, provide for your family, and build a lasting legacy.
What You’ll Learn in This Episode:* Why selling your business without tax planning could cost you up to 40% of its value * How capital gains taxes and depreciation recapture impact your proceeds * Deferral strategies that give you more time, flexibility, and income control * The role of wealth replacement trusts in protecting your heirs * The 3 essential steps to take if you’re within five years of an exit
Resources and Links:📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
Many business owners fall into the trap of treating their company like a personal piggy bank. Running lifestyle expenses through the business might feel like a smart tax move today — but when it’s time to sell, those shortcuts can slash millions off your valuation.
In this episode, Carol Dewey pulls back the curtain on how “tax tricks” and commingled expenses quietly erode enterprise value, destroy EBITDA multiples, and compromise your long-term legacy. Through real-world case studies — from a dry cleaner to a physician group to a franchisee — you’ll see the hidden cost of short-term thinking and how to reposition your business as a true wealth engine.
What You’ll Learn in This Episode* Why commingling personal and business expenses shrinks your EBITDA (and your valuation). * Real-world stories of business owners who lost millions by treating their company like a piggy bank. * How to shift from short-term “tax savings” to long-term wealth creation. * Why buyers, bankers, and investors demand clean books. * How Clarus Advisory Partners and Perpetual Wealth Financial help protect your profits, maximize valuation, and safeguard your legacy.
Whether you’re preparing for an exit or just building toward future wealth, this episode will change the way you think about taxes, profits, and your business’s true value.
Resources & Links📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
Your business is being valued every single day — whether you realize it or not. The choices you make now determine whether buyers see a thriving, transferable company… or a risky operation that depends too much on you.
In this episode, Carol Dewey introduces the PURE Framework — Plus, Unnecessary, Replaceable, Equal — a practical roadmap for boosting profits today while securing a higher valuation tomorrow. You’ll learn how to strip away inefficiencies, build systems that don’t rely on you, and create balance across contracts and relationships. And, you’ll see how PURE connects directly to EBITDA multiples, exit planning, and tax efficiency.
What You’ll Learn in This Episode* Why valuation isn’t just about revenue — and how PURE drives higher multiples. * How to spot and eliminate “unnecessary” expenses dragging down your books. * Why making yourself replaceable is the #1 way to increase business value. * How to use PURE to optimize not only profits, but also tax efficiency. * Real-world case studies of medical practices, manufacturers, and family businesses that applied PURE to unlock millions in value.
Whether you’re planning to sell soon or decades from now, this framework will help you create a business buyers can’t resist — and the IRS can’t erode.
Resources & Links📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
In this episode of Navigating Abundant Retirement, Carol Dewey explores one of the most overlooked yet critical aspects of wealth management—the difference between simply recording history with your CPA and designing your financial future with proactive tax planning.
Carol explains why the next 18 months may be one of the most important tax planning windows in decades, the opportunities created by the recently extended “One Big Beautiful Bill,” and real-world case studies where clients saved millions by planning ahead.
This episode is packed with strategies most CPAs never bring up—perfect for business owners, high-income professionals, and high-net-worth families who want to keep more of what they’ve worked so hard to earn.
💬 Memorable Quote
“The smartest financial decision is usually the one you make today.” — Carol Dewey
📌 Resources & Links📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Website: www.perpetualwealthfinancial.com
💬 LinkedIn: Carol Dewey
🎧 Listen & Subscribe: Available on Apple Podcasts, Spotify, and YouTube
In this episode of Navigating Abundant Retirement, Carol Dewey exposes a silent yet costly reality for high-income professionals and business owners: most CPAs are reactive, not proactive. Carol dives into the traditional compliance-based CPA model and how it may be costing you six or even seven figures over time. Through real-life client stories and strategic insight, she reveals how shifting to proactive tax planning can multiply your wealth and protect your legacy.
🔑 What You'll Learn: Why most CPAs don’t provide forward-looking tax strategies * The cost of recording history vs. creating financial strategy * Real-world examples of clients recovering millions through strategic planning * High-impact tax-saving tools like advanced retirement plans, charitable trusts, and entity restructuring * Why the best time for proactive tax planning is now*, not after tax season
🧭 Resources Mentioned:* 📘 Free Download: 8 Key Drivers of Company Value * 📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Connect with Carol:* Website: www.perpetualwealthfinancial.com * LinkedIn: Carol Dewey
🎧 Listen & Subscribe:Available on Apple Podcasts, Spotify, and YouTube.
💡 If you’re ready to stop overpaying and start planning, don’t forget to rate, review, and share this episode.
In this episode of Navigating Abundant Retirement, Carol Dewey cuts through economic confusion to help business owners and retirees understand what’s really happening with the Federal Reserve’s interest rate pause and the latest wave of tariffs. From inflation shifts to global rate games and the emergence of the “MAGA Fund,” this episode breaks down what these developments mean for your investments, your business, and your financial future—plus what to do right now to protect and grow your wealth.
🔑 What You'll Learn:
- Why the Fed is holding rates steady—and why that matters to you
- How tariffs might ripple through the economy and your portfolio
- The surprising global interest rate dynamic impacting U.S. exports
- What the proposed “MAGA Fund” could mean for strategic sectors
- Practical action steps for both business owners and retirees
🧭 Resources Mentioned:* 📘 Free Download: 8 Key Drivers of Company Value * 📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Connect with Carol:* Website: www.perpetualwealthfinancial.com * LinkedIn: Carol Dewey
🎧 Listen & Subscribe:Find us on Apple Podcasts, Spotify, and YouTube.
💡 If this episode helped bring clarity to a complex topic, please rate, review, and share!
In this episode of Navigating Abundant Retirement, Carol Dewey unpacks one of the most critical mindset shifts that can radically increase the value of your business: going from Player to Coach.
Whether you're a founder, executive, or business owner stuck in the weeds, this episode will help you move beyond doing everything yourself—and start leading strategically.
Discover how to transition from being the MVP to the head coach who builds a scalable, sellable business—one that can thrive even in your absence.
🔑 What You’ll Learn:* Why working “in” your business can limit its value * The silent killer of business valuations: owner dependence * Five core traits of effective business “coaches” * How to transfer knowledge to your team without micromanaging * Why coaching through feedback—not perfection—unlocks team growth * How this mindset shift leads to higher valuations and greater freedom
🧰 Resources Mentioned:📘 Free Download: 8 Key Drivers of Company Value
📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Connect with Carol:🌐 Website: www.perpetualwealthfinancial.com
🔗 LinkedIn: Carol Dewey
🎧 Listen & Subscribe:Available on Apple Podcasts, Spotify, and YouTube
In this episode of Navigating Abundant Retirement, Carol Dewey reveals the powerful yet often overlooked business multiplier: customer feedback. Discover how a simple $50 idea grew into a seven-figure exit—all because one founder chose to listen. Carol shares real client case studies and a simple feedback framework that can immediately improve revenue, retention, and valuation.
🔑 What You'll Learn:* How customer feedback can unlock new revenue streams and reduce churn * Why listening systems are essential for premium business exits * Three real-world examples of business transformation through feedback * A step-by-step framework: Listen, Analyze, Act, Repeat * How to build a feedback culture that boosts company value
🧭 Resources Mentioned:* 📘 Free Download: 8 Key Drivers of Company Value * 📅 Book your Complimentary Lifestyle & Legacy Assessment: Schedule with Carol
💬 Connect with Carol:* Website: www.perpetualwealthfinancial.com * LinkedIn: Carol Dewey
🎧 Listen & Subscribe:Catch the latest episodes on Apple Podcasts, Spotify, and YouTube.
💡 Rate, review, and share if this helped you grow your business smarter.
If your business can’t run without you… you don’t own a business. You own a job.
In this powerful episode, Carol Dewey dives deep into one of the most transformational shifts a business owner can make: learning to work on the business, not in it.
You’ll hear real client success stories, practical strategies, and the one mindset shift that can increase your business's value and free you from the daily grind. Whether you're years away from exiting or just looking to work smarter, this episode will help you reimagine what freedom and legacy look like as a business owner.
📌 What You’ll Learn in This Episode:
- Why being the technician in your company can hurt its long-term value
- How to move past the fear of letting go
- The strategy behind “phantom equity” and how it increases accountability
- What makes a business truly valuable to buyers, investors, and heirs
- The 5 things you can do today to start working ON—not IN—your business
Grab your FREE eBook:
“The 8 Key Drivers of Company Value”
Learn how to build a business that works without you.
👉 Download Now: www.PerpetualWealthFinancial.com
📅 Ready to Take the Next Step?
Schedule your complimentary Lifestyle & Legacy Assessment to discover how your business stacks up—and what to do next to increase value and freedom.
📞 Call (877) 434-6243 or visit our website to book your session.
📲 Subscribe & Share:
If this episode resonated with you, be sure to subscribe, leave a review, and share it with a fellow business owner.
Let’s build something that lasts
Is the latest tax bill from Washington actually a massive economic stimulus?
In this week’s episode of Navigating Abundant Retirement, Carol Dewey unpacks the hidden opportunities inside Trump’s new One Big Beautiful Bill—and what it means for your money, your business, and your future.
🔹 Why mid-cap stocks could be this year’s quiet outperformer
🔹 How the bill impacts business owners, retirees, and investors
🔹 What July 22nd means for the future of AI infrastructure (and how to position for it)
🔹 Why waiting could be the most expensive mistake you make in 2024
Whether you’re building a legacy or protecting one, this episode is for you.
🎯 Subscribe and hit the bell for more market-savvy retirement strategies each week.
💼 Schedule your Lifestyle & Legacy Assessment: https://www.perpetualwealthfinancial.com
taxstrategy #retirementplanning #TrumpTaxBill #AIinvesting #LegacyPlanning #MidCapStocks #SafeMoneyMindset
Today, Carol Dewey reveals how procrastination — whether with taxes, investments, estate planning, or your business exit — can quietly become the most expensive mistake of your financial life. In this powerful episode, Carol uncovers how the illusion of “later” erodes wealth, confidence, and peace of mind, and what you can do now to stop paying the hidden price of waiting.
🔍 In This Episode, You’ll Discover:
✔️ A real-life story of a loyal Kmart executive who lost millions by waiting too long to diversify
✔️ How missed compounding and opportunity costs silently kill your long-term wealth
✔️ Why waiting to address taxes and risk is like giving the IRS a bigger slice of your pie
✔️ The emotional and mental toll of inaction — beyond the dollars and cents
✔️ Practical steps to reframe procrastination and start compounding progress instead of problems
💡 Key Takeaways:
- Waiting is never neutral — it compounds problems instead of progress.
- Procrastination increases taxes, erodes investments, and creates stress that robs you of joy today.
- Timing isn’t everything, but it’s close — and the right time to act is now.
- Even small, imperfect steps toward your goals are better than waiting for “the perfect time.”
Visit www.perpetualwealthfinancial.com to schedule your complimentary Lifestyle and Legacy Assessment or talk with Carol about your next step.
📲 Don’t Forget To:✅ Subscribe to the podcast
✅ Share this episode with someone who needs to hear it
✅ Tune in next week for more strategies to protect what you’ve built and invest with purpose
WealthPlanning #NavigatingAbundantRetirement #FinancialFreedom #SmartMoneyMoves #CarolDeweyPodcast
Welcome to Navigating Abundant Retirement!
Today, Carol Dewey reveals how a terrifying voice scam targeting her own father exposes a rising threat — and a wealth-building opportunity hiding in plain sight. In this powerful episode, Carol breaks down how AI-driven cybercrime is evolving fast and why cybersecurity is becoming one of the most inevitable investment opportunities of our time.
🔍 In This Episode, You’ll Discover:✔️ A real-life story of an AI-powered scam that hit close to home
✔️ How “deepfakes” and voice cloning are being used to defraud people — and what makes them so dangerous
✔️ Why Warren Buffett’s concept of “The Inevitable” applies to next-gen cybersecurity
✔️ How to invest in this unstoppable trend — from ETFs to individual stocks
✔️ Why AI isn’t just the threat... it's the solution
💡 Key Takeaways:* Scammers are using AI to make fraud personal and harder to detect — and the damage is growing. * Cybersecurity is no longer optional; it’s becoming one of the most essential spending areas for every business. * Investors can position themselves ahead of the curve by focusing on cybersecurity companies poised to benefit from AI's dual role as threat and defense. * ETFs like HACK or direct investments in leaders like Cisco can be part of a smart, proactive investment strategy.
Visit www.perpetualwealthfinancial.com to explore our Lifestyle and Legacy Assessment or schedule a no-obligation conversation with Carol.
📲 Don’t Forget To:✅ Subscribe to the podcast
✅ Share this episode with someone who needs to hear it
✅ Tune in next week for more strategies to protect what you’ve built and invest with purpose
CyberSecurityInvesting #NavigatingAbundantRetirement #AIandFinance #SmartMoneyMoves #CarolDeweyPodcast
Welcome to Navigating Abundant Retirement! In today’s episode, Carol Dewey breaks down the latest decision from the Federal Reserve—and the fiery reaction it sparked from former President Trump.
🔍 What You’ll Learn in This Episode:
✔️ Why Trump is attacking Fed Chair Jerome Powell—and why Powell isn’t budging on interest rates.
✔️ The real reason behind the political pressure for rate cuts: the federal government’s record-high interest expenses.
✔️ How the Fed’s high-rate environment has benefited savers, corporate borrowers, and the broader economy—despite common fears.
✔️ Why investors should be cautious when wishing for rate cuts (hint: they usually signal economic trouble).
✔️ The secretive Tesla project unfolding at the Fremont factory, echoing a final-era vision from Steve Jobs.
✔️ How this Tesla initiative could trigger a $25 trillion economic wave and redefine American manufacturing.
✔️ Why Carol believes the biggest investment opportunities aren’t in chasing headlines—but in understanding long-term structural changes.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
Learn how evolving tariff policies could impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment
A personalized financial review to help you navigate today’s shifting economic landscape. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
Welcome to Navigating Abundant Retirement! Today, Carol Dewey reveals a powerful truth: "No company is immortal." She introduces the TRICK framework (Taxes, Risk, Investment Mix, Costs, Knowledge Gaps) to identify wealth-draining inefficiencies in your financial plan. Through the cautionary tale of a former client, Jack, who lost a comfortable retirement due to emotional attachment to his K-Mart stock, Carol underscores that "forever stocks" don't exist, especially with AI reshaping the economy.
Here are the shortened show notes for "A Secret Sauce Called 'Efficiency'," with the requested section retained:
A Secret Sauce Called “Efficiency”Welcome to Navigating Abundant Retirement! Today, Carol Dewey reveals a powerful truth: "No company is immortal." She introduces the TRICK framework (Taxes, Risk, Investment Mix, Costs, Knowledge Gaps) to identify wealth-draining inefficiencies in your financial plan. Through the cautionary tale of a former client, Jack, who lost a comfortable retirement due to emotional attachment to his K-Mart stock, Carol underscores that "forever stocks" don't exist, especially with AI reshaping the economy.
Carol explains that capitalism thrives on "creative destruction," a concept coined by Joseph Schumpeter, where new innovations replace the old. The key to navigating this is efficiency. She offers a two-part test for analyzing investments: "Is this company introducing a significant efficiency boost?" and "Is this company applying new technologies to boost the efficiency of its operations?" Examples like Henry Ford's assembly line, which dropped Model T prices from $850 in 1908 to $260 by 1925, and Netflix replacing Blockbuster (which filed for bankruptcy in 2010), illustrate how efficiency drives market winners. AI is now unleashing the next wave of efficiency gains, demanding that investors prioritize clarity over emotion. The true "forever" in your portfolio isn't a stock—it's your lifestyle.
🔍 What You’ll Learn in This Episode:
✔️ The "TRICK framework" for identifying financial inefficiencies: Taxes, Risk, Investment Mix, Costs, and Knowledge Gaps.
✔️ The danger of "forever stocks" and emotional investment decisions, illustrated by the K-Mart bankruptcy (filed for Chapter 11 in January 2002).
✔️ Joseph Schumpeter's concept of "creative destruction" and how innovation continually reshapes markets.
✔️ A two-part "efficiency test" for evaluating new and existing investments: does the company introduce or apply significant efficiency boosts?
✔️ Historical case studies of efficiency driving success: Ford Motor Co. (with the Model T and assembly line) and Netflix (versus Blockbuster).
✔️ Why AI is the latest force driving efficiency and creative destruction, necessitating a strategic, unemotional investment approach.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
In this episode of Navigating Abundant Retirement, host Carol Dewey dives deep into one of the most unexpected and potentially market-shifting stories of the year — the public fallout between President Donald Trump and tech titan Elon Musk. This isn’t just social media drama. It’s a political clash with massive implications for investors, especially those relying on stable and strategic retirement planning.
Carol unpacks how this feud could disrupt Tesla’s robotaxi ambitions, SpaceX’s government contracts, and the entire electric vehicle (EV) and commercial space landscape — and more importantly, which companies could rise as a result.
🔍 What You’ll Learn in This Episode:
✔️ Why the Trump–Musk split could trigger policy reversals impacting Tesla and SpaceX
✔️ How government subsidies, regulatory approvals, and defense contracts hang in the balance
✔️ Which companies — like Waymo, Uber, Aurora, Rocket Lab, and AST SpaceMobile — could gain from the fallout
✔️ How investors can position themselves to benefit from political uncertainty
✔️ Why chaos in the headlines could signal generational investing opportunities
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
Here are the show notes for "3 Certainties for a New American Prosperity... and One Stock Set to Profit," formatted as requested:
3 Certainties for a New American Prosperity... and One Stock Set to ProfitIn this week’s live market update, Carol Dewey, Founder of Perpetual Wealth Financial, cuts through the pervasive "uncertainty" narrative dominating financial headlines. She pulls together key economic forces—from tariffs and interest rates to AI and trillions in untapped cash—to reveal three undeniable certainties shaping the American economy.
Carol outlines President Trump’s three big economic pillars: Tax Liberation, Tech Liberation, and Energy Liberation. She demonstrates why these aren't just political talking points, but robust, investable trends poised to define the next wave of American prosperity. Plus, Carol highlights one specific stock she believes is uniquely positioned to capitalize on the powerful convergence of escalating AI energy demands and the nation's drive for energy independence.
🔍 What You’ll Learn in This Episode:
✔️ Why "uncertainty" is often an excuse masking clear economic trends
✔️ How President Trump's "Big, Beautiful Bill" aims to deliver permanent tax cuts and expanded benefits for the middle class
✔️ The unstoppable demand for electricity driven by the AI arms race, fueled by power-hungry chips like NVIDIA's Blackwell and innovations from OpenAI and Alphabet Inc.1
✔️ The profound impact of President Trump’s energy executive orders (Executive Order 14154, "Unleashing American Energy"; Executive Order 14156, "Declaring a National Energy Emergency"; Executive Order 14153, "Unleashing Alaska’s Extraordinary Resource Potential") on American energy independence and the potential to unlock trillions in domestic resources.
✔️ Why nuclear energy is central to the "Liberation Day 2.0" economic plan and the specific stock, Vistra Corp. (VST), Carol believes is set to profit from this shift.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
Welcome to Navigating Abundant Retirement! Today, Carol Dewey dives into the hottest topic in investing: Artificial Intelligence (AI) and the imminent arrival of Artificial General Intelligence (AGI)—AI capable of human-level intelligence. As Charles Darwin's "adapt or perish" principle applies to businesses in this new era, understanding how to invest in AI is critical for portfolio survival and growth.
🔍 What You’ll Learn in This Episode:
✔️ The concept of Artificial General Intelligence (AGI) and its transformative impact on all industries.
✔️ Three strategic investment approaches for the AI revolution: investing in core AGI infrastructure, alongside AGI (e.g., data center real estate, energy), and in "stealth" AGI (non-tech companies adopting AI).
✔️ Specific examples of companies and industries poised to benefit from AI's next phase.
✔️ Why a disciplined approach to AI investing is crucial for long-term wealth protection and growth.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
After a volatile spring, the market has staged a sharp rally, and last week's Consumer Price Index (CPI) report signals an even brighter outlook. Carol Dewey breaks down why April's soft CPI data (0.2% month-over-month for both headline and core) wasn't just good news, but a "death knell" for fears of tariff-driven reinflation. Despite initial panic, data shows no tariff-fueled inflation, thanks to rollbacks, exemptions, and new trade deals (like the U.S.-U.K. agreement and U.S.-China truce) slashing average effective U.S. tariff rates from 30% to a far more manageable 13%.
With inflation easing, tariffs falling, the Fed poised to cut rates, strong consumer spending, and solid corporate earnings (especially in AI leaders like Nvidia, AMD, and Palantir), the macro mosaic paints a picture of a "no-brainer bull market." Carol highlights historical precedents of similar sharp S&P 500 rallies that marked the start of major bull markets. The path is clear for a summer surge – it's time to lean in!
🔍 What You’ll Learn in This Episode:
✔️ Analysis of the surprisingly soft April CPI report (headline and core CPI at 0.2% month-over-month), dispelling tariff-driven inflation fears.
✔️ How a series of tariff rollbacks, exemptions, and trade deals (including a U.S.-U.K. agreement and U.S.-China truce) have significantly reduced the average effective U.S. tariff rate.
✔️ The confluence of bullish macro factors: stable-to-lower inflation, falling tariffs, impending Fed rate cuts, robust consumer spending, and strong corporate earnings.
✔️ The powerful performance of AI stocks (Nvidia, AMD, Palantir) amidst these tailwinds.
✔️ Historical context for the S&P 500's recent sharp rally, suggesting the beginning of a major bull market.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
Join Carol Dewey as she blends investing legends, economic trends, and practical retirement strategies. This episode covers Warren Buffett's announcement to step down as Berkshire Hathaway CEO, recent positive trade developments, and the crucial role fixed indexed annuities play in managing retirement risk amidst market volatility. Learn how Buffett's timeless wisdom applies to today's economy and why principal protection and reliable income are paramount for retirees.
🔍 What You’ll Learn in This Episode:
✔️ The significance of Warren Buffett's impending retirement and his enduring investing principles, like "Be greedy when others are fearful."
✔️ How historical trade policies, such as the Smoot-Hawley Tariff Act, impacted past economies and relate to current market dynamics.
✔️ Positive recent trade news, including a "full and comprehensive" trade agreement with the U.K. and ongoing negotiations with the EU.
✔️ The critical benefits of fixed indexed annuities for retirement planning: market-linked growth without market risk, downside protection, tax-deferred growth, and lifetime income options.
✔️ Why balancing growth potential with downside protection is essential for retirees in today's uncertain economic climate.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
In this episode of Navigating Abundant Retirement Radio, host Carol Dewey explores a critical challenge facing President Trump's plan to reshore American manufacturing: the severe labor shortage. Dewey delves into how physical AI and automation hold the key to overcoming this obstacle, predicting a major financial event on May 7 that could unleash $7 trillion in sideline cash into the stock market. This episode discusses how the convergence of political momentum, economic necessity, and advances in AI technology could drive a transformative shift in American industry, akin to the dot-com boom of the late 1990s.
00:28 The Challenge of Reshoring Manufacturing
01:33 The Role of Physical AI in Reshoring
02:28 The $7 Trillion Summer Panic Catalyst
04:23 Labor Supply and Quality Issues
05:44 Economic Realities of Labor Costs
06:30 The Future of American Factories
08:12 Investment Opportunities in Physical AI
10:04 Conclusion and Next Steps
🎧 Listen Now🔗 Check out Episode 1 Map to Economic independence
📞 Have questions? Call (877) 434-6243 or visit Perpetual Wealth Financial for a consultation.
💡 Don’t forget to subscribe, share, and leave a review!
Sometimes the market whispers. Other times, it shouts. Yesterday, the market didn't whisper — it roared! Host Carol Dewey unpacks the significance of a Zweig Breadth Thrust—one of the rarest and most reliable technical indicators in market history—which just triggered. This isn’t just any buy-the-dip signal; it's the mother of all buy-the-dip signals, boasting a 100% success rate for higher markets six and twelve months later since World War II, with an average 12-month return of +25%.
But it's not just the Zweig Breadth Thrust flashing green. Carol reveals a perfect storm of bullish technical signals forming right now, including the 70% Advancers Signal (100% success rate, +23% average 12-month gain in past seven instances) and a powerful Bollinger Band Reversal (100% success rate, +16% average 12-month gain after prior instances). The episode also details how the Breakaway Momentum Breadth Thrust is on the verge of triggering, another legendary signal with a 95% success rate. These technical fireworks are reinforced by improving fundamentals: thawing trade war tensions, the Federal Reserve preparing for rate cuts, and strong corporate earnings from AI leaders like Alphabet (GOOG), Texas Instruments (TXN), Lam Research (LRCX), and ServiceNow (NOW). This is Wall Street's version of "all systems go" – don't miss this opportunity!
🔍 What You’ll Learn in This Episode:
✔️ The mechanics and historical reliability of the Zweig Breadth Thrust, a rare signal that has preceded 100% positive market returns six and twelve months later since WWII.
✔️ The significance of the 70% Advancers Signal on the NYSE, indicating broad-based institutional buying and consistent historical gains.
✔️ How a dramatic Bollinger Band Reversal from deeply oversold to full recovery signals a powerful market whiplash reversal.
✔️ The imminent trigger of the Breakaway Momentum Breadth Thrust and its strong historical track record for predicting market gains.
✔️ Why thawing trade war tensions (average effective U.S. tariff rate dropping from 27% to about 20%) and potential upcoming trade deals are bullish catalysts.
✔️ The increasing likelihood of Federal Reserve rate cuts, with Cleveland Fed President Beth Hammack's recent comments hinting at a June cut if data supports it.
✔️ Evidence of strong corporate earnings, particularly from companies at the forefront of the AI boom like Alphabet, Texas Instruments, Lam Research, and ServiceNow.
✔️ Why now is a critical time for investors to be disciplined, strategic, and optimistic, advocating for a "buy the dip" approach on quality names.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
The market mood has been dark lately, with stocks cratering, bonds crumbling, and consumer confidence collapsing. Despite one of the fastest 20% market drops in modern history, Federal Reserve Board Chair Jerome Powell signaled "no rush to cut rates."
In this episode of Navigating Abundant Retirement, Carol Dewey argues that while Powell's words suggest patience, the underlying economic reality indicates the Fed is on the brink of a rescue mission for the U.S. economy. Carol dissects Powell's "stagflation dilemma" and reveals how increasingly tight financial conditions, plummeting consumer sentiment, slowing retail sales, stalled business investment, and a frozen housing market are screaming for Fed action. She also examines why current inflation fears may be overblown and how a cooling trade war is setting the stage for a potential market rebound that could send stocks soaring. Don't listen to the words; watch the feet.
🔍 What You’ll Learn in This Episode:
✔️ An analysis of the recent extreme market volatility, including a 20% market drop in just 20 trading days and an 8% rally followed by a significant decline.
✔️ Why Jerome Powell's "no rush to cut rates" stance might be a "dangerous game of chicken" in the face of a potential stagflation dilemma.
✔️ How Bloomberg’s U.S. Financial Conditions Index indicates conditions are tighter than any time in the past decade, outside of the 2020 COVID crash.
✔️ The critical economic indicators signaling distress: consumer confidence near a 50-year low (University of Michigan survey, at 50.8, a 12-year low), slowing retail sales, stalled business investment, and a frozen housing market (existing home sales fell 1.2% year-over-year in April 2025 according to NAR).
✔️ Why current inflation threats are likely overblown, with CPI at 4% and core CPI falling, despite tariff concerns.
✔️ Carol's prediction for when the Federal Reserve will likely cut rates (June, preceded by May guidance) and the catalysts for this potential market rescue.
✔️ How the global trade war is quietly de-escalating, with average U.S. tariff rates falling from a peak of 27% to around 23% (and potentially lower with more exemptions), signaling a shift from escalation to negotiation.
✔️ Why the combination of Fed action and trade de-escalation could lead to a significant stock market rally (potentially 10-15% for the S&P 500 by late summer).
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
You're listening to Navigating Abundant Retirement — the show that helps you steer through today’s uncertainty toward a more confident financial future. I’m Carol Dewey, and today, we’re unpacking the hidden silver lining behind the latest tariff chaos.
"Liberation Day" brought aggressive new tariffs from U.S. President Trump, sending shockwaves through the global trading system and causing a significant market sell-off. While investors panic and major indices nosedive, Carol reveals a powerful, underlying development: the strategic collapse of the 10-year U.S. Treasury yield. This isn't accidental; it's a policy-by-design move from the Trump Administration and Treasury Secretary Scott Bessent to stimulate Main Street by depressing long-term interest rates, influencing everything from mortgages to small business credit. Discover how this short-term pain could lead to very big, very bullish long-term gains for the economy and your portfolio.
🔍 What You’ll Learn in This Episode:
✔️ How the "Liberation Day" tariffs caused immediate market panic and a sharp decline in major stock indices.
✔️ The surprising silver lining: a deliberate collapse in the 10-year U.S. Treasury yield, falling over 80 basis points from recent highs.
✔️ Why this yield collapse is a "hurricane-force tailwind" for the economy, leading to lower borrowing costs for mortgages, business, and consumer lending.
✔️ How the Trump administration is strategically using bond market psychology to stimulate Main Street, rather than focusing solely on stock market headlines.
✔️ The current resilience of the real economy (low unemployment, strong consumer spending, positive retail sales) despite stock market volatility.
✔️ Why fixed indexed annuities can serve as a powerful alternative to traditional bonds in this new rate environment, protecting principal while positioning for growth.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
Welcome back to this week’s live market update on Navigating Abundant Retirement. I’m Carol Dewey, Founder of Perpetual Wealth Financial. We're living through one of the most violent stock market climates in modern history, characterized by rapid drops, historic rallies, and extreme volatility not seen since the 2008 financial crisis or the 2020 COVID crash.
The market's price action might be screaming "catastrophe," but Carol dives into a crucial question: are we truly heading for another Great Depression or a crisis akin to World War II or the 2008 financial meltdown? By comparing historical parallels to today's economic realities, she debunks exaggerated fears and highlights a critical tone shift from escalation to negotiation regarding recent tariffs. Discover why this market turbulence is likely a massive overreaction and how savvy investors can position themselves to ride the rebound.
🔍 What You’ll Learn in This Episode:
✔️ A breakdown of the recent extreme stock market volatility, including rapid drops and historic rallies.
✔️ Historical comparisons of current market conditions to the Great Depression, World War II, the 2008 financial crisis, and the 2020 COVID crash.
✔️ Why today's economic fundamentals (low unemployment, healthy banks, Fed liquidity) differ significantly from the Great Depression's 24.9% unemployment rate (in 1933) and widespread bank failures.
✔️ Why the current market is experiencing a "policy-driven, market-manufactured panic" rather than a black swan event like COVID-19.
✔️ An analysis of the economic impact of tariffs, noting that even widespread reciprocal tariffs (estimated at ~27% average U.S. tariff rate by Bloomberg Economics) would result in a 3.4% drag on GDP, significantly less than the 8% drop seen in 2008 or 2020.
✔️ The critical importance of the 90-day tariff pause, signaling a shift from escalation to negotiation, with many countries already engaging in trade talks with the White House.
✔️ A measured reentry strategy for investors in volatile markets: nibbling on dips, focusing on quality, buying high-conviction names, and practicing patience.
📘 Mentioned in This Episode:
🎯 Download our FREE guide: Tariffs & Your Retirement
This practical resource helps you understand how evolving tariff policies may impact your portfolio and retirement strategy.
🗓️ Schedule your Lifestyle & Legacy Assessment – A personalized financial review to help you navigate the shifts in today’s market. Visit Perpetual Wealth Financial
🎧 Never miss an episode – Follow Navigating Abundant Retirement wherever you get your podcasts.
📢 In this episode, we tackle one of the biggest concerns for retirees and soon-to-be retirees: How do you safeguard your wealth and legacy in a volatile economy? With inflation, market fluctuations, and potential tax law changes, estate planning is more important than ever.
🔑 Key Takeaways:✅ Why Estate Planning Matters More Than Ever
- Inflation is eroding purchasing power—how can you ensure your wealth lasts?
- Avoid costly probate delays with smart estate planning strategies.
✅ Will vs. Trust: What’s Right for You?
- Wills must go through probate; trusts offer a smoother transition for your heirs.
- Case study: How Susan avoided legal hassles by setting up a revocable living trust.
✅ Minimizing Estate Taxes
- Reduce taxes with gifting, irrevocable trusts, and charitable contributions.
- Case study: How Mark’s strategy saved thousands in estate taxes while securing his legacy.
✅ Lessons from Famous Estate Planning Failures
- Prince & Aretha Franklin: What happens when estate planning goes wrong.
🎧 Listen Now🔗 Check out Episode 1 Map to Economic independence
📞 Have questions? Call (877) 434-6243 or visit Perpetual Wealth Financial for a consultation.
💡 Don’t forget to subscribe, share, and leave a review!
In this episode of Navigating Abundant Retirement Radio, host Carol Dewey explores the crucial topic of insulating your retirement from the unpredictable stock market. Through a compelling comparison of two retirees' lifestyles, Carol illustrates how a meticulously planned retirement lifestyle and legacy can provide peace of mind, financial security, and a lasting impact. She emphasizes the importance of predictable, tax-free income and offers strategies to create a retirement plan that remains unaffected by market fluctuations.
Key Takeaways:* Retirement shouldn’t be tied to the ups and downs of the stock market. * A well-designed retirement plan includes predictable, tax-free, and rising income. * It’s essential to consider both lifestyle and legacy when planning for retirement. * John D. Rockefeller’s legacy serves as an inspiring example of how values, planning, and generosity can leave an indelible mark for generations. * Retirement planning should focus on control, freedom, and ensuring your values are reflected in your financial and legacy plans.
Quotes:* "Retire from worry, fear, and stress to peace of mind, security, and confidence." – Carol Dewey * "It's not just your retirement, it's your legacy." – Carol Dewey * "Rockefeller's legacy is not just money, but values passed on to the subsequent generations." – Carol Dewey
Timestamps:* (00:17) – The story of two retirees: Tied to the market vs. insulated from the market * (02:20) – The impact of a stock market retirement lifestyle on everyday living * (03:42) – The key elements of a strong retirement lifestyle plan * (04:58) – Introduction to legacy planning * (06:22) – John D. Rockefeller’s legacy and principles for success * (07:33) – 10 key principles from Rockefeller's essays * (08:48) – Charting your own legacy plan based on personal values * (10:09) – Carol’s advice on taking control of your retirement
Referenced Links:* Perpetual Wealth Financial * Reach out via phone: (877) 434-6243 * Email: carol@perpetualwealthfinancial.com
Please leave us a rating and a review on Apple Podcast.
Connect With Carol:* www.perpetualwealthfinancial.com * LinkedIn
Episode Summary:
In this episode of Navigating an Abundant Retirement Radio, Carol dives into the importance of long-term care planning and flexible protection for a healthy retirement. She outlines common challenges retirees face and discusses strategies to ensure financial security without becoming a burden on family members.
Key Takeaways:
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Long-term care is a critical aspect of retirement planning, and Medicare generally does not cover these expenses.
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Flexible protection for a healthy retirement focuses on three key elements: protecting your family, your choices, and your financial assets.
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Hybrid insurance policies offer an alternative to traditional long-term care insurance, providing flexibility and additional coverage.
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A proactive conversation with family members about healthcare directives and long-term care options is essential.
Quotes:
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"You want to continue deciding where you live and what kind of care you receive as you get older."
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"It's more than a maybe that you'll need some kind of care—it's a probably."
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"Retirement success often comes down to creating as many options as possible."
Timestamps:
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(03:39) The importance of flexible protection
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(07:08) Long-term care insurance and ADLs
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(10:23) Home healthcare vs. nursing home care
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(14:51) Hybrid policies and underwriting process
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(16:54) Final thoughts on flexible protection
Please leave us a rating and a review on Apple Podcast.
Connect With Carol:
-
www.perpetualwealthfinancial.com
-
LinkedIn
Episode Summary:
In this episode of Navigating an Abundant Retirement Radio, Carol Dewey discusses the critical differences between controllability and responsibility in retirement. She explores how the modern retiree must navigate the shift from government and employer-sponsored retirement models to a more personalized responsibility for retirement security. Carol introduces the concept of being "Wealth Safe" (SAFE) and "Mindset Sane" (SANE) while sharing tips on controlling the elements you can to achieve peace, freedom, and confidence in your retirement.
Key Takeaways:
- The historical evolution of retirement responsibility—from government and employer dependency to individual control.
- The importance of separating controllable and uncontrollable factors in retirement planning.
- A "Wealth Safe" (SAFE) plan focuses on protecting your finances from erosion, while a "Mindset Sane" (SANE) approach shields against negative exposure.
- Retiring on your terms requires custom, comprehensive, and cohesive retirement strategies.
- The 21-point Wealth and Lifestyle Assessment can help retirees identify gaps in their retirement plans and make informed decisions to enhance their lifestyle.
Quotes:
- "Retiring on your terms means you retire from a life on others' terms to a life on your terms."
- "To retire on your terms and fully enjoy peace, freedom, and confidence in retirement, we must separate the uncontrollables from the controllables."
- "Stay wealth safe, shielded against financial erosion, and mindset sane, shielded against negative exposure."
Timestamps:
- (01:15) Responsibility in Retirement: A Historical Perspective
- (08:20) The Shift from Employer-Based Plans to Individual Responsibility
- (13:45) Defining Controllability: What You Can and Can’t Control
- (15:00) The 10 Uncontrollables That Cause Financial Erosion
Referenced Links:
- Visit Carol Dewey’s website: www.perpetualwealthfinancial.com
Please leave us a rating and a review on Apple Podcast.
Connect With Carol:
Episode Summary:
In this episode of Navigating Abundant Retirement Radio, Carol Dewey from Perpetual Wealth Financial dives into the implications of the Tax Cuts and Jobs Act of 2017 and its potential expiration at the end of 2025. Carol discusses the major tax changes introduced by the Act, including adjustments to tax brackets, the standard deduction, and estate tax exemptions. She also explores strategies for managing retirement withdrawals, including tax considerations and charitable donations from IRAs. Listeners are encouraged to consult with financial professionals to tailor strategies to their individual needs.
Key Takeaways:
- The Tax Cuts and Jobs Act of 2017 introduced significant tax changes, some of which are temporary and set to expire at the end of 2025.
- Tax rates and deductions may revert to pre-2018 levels if Congress does not act to extend or modify the legislation.
- Effective retirement withdrawal strategies can help manage tax implications, including avoiding early withdrawal penalties and considering Roth IRA conversions.
- Charitable donations from IRAs can be a tax-efficient way to meet Required Minimum Distributions (RMDs) and support charitable causes.
Quotes:
- "If you're in one of those brackets, your taxes will go up at the end of 2025 unless Congress takes additional measures."
- "You should closely monitor how Congress handles the legislation in the months before its possible expiration and review your financial strategy with your financial services professional."
- "Dedicating a portion of your retirement savings to an after-tax Roth IRA may help supply you with tax-free investment growth and tax-free withdrawals during your retirement."
Timestamps:
- (00:17) Overview of the Tax Cuts and Jobs Act of 2017
- (01:28) Detailed discussion on tax rate changes and deductions
- (04:11) Impact on the Affordable Care Act and estate taxes
- (05:23) Hypothetical scenarios and the importance of monitoring legislation
- (06:37) Tax strategies for retirement withdrawals
- (07:45) Early withdrawal penalties and RMDs
- (10:01) RMD age changes and tax strategies
- (11:14) Charitable donations and Roth IRAs
- (13:21) Further tax-saving strategies
- (14:17) Risks and considerations for Roth accounts
- (15:23) Investment tax considerations and charitable donations
Referenced Links:
- Tax Cuts and Jobs Act - Investopedia
- How to Pay Less Tax on Retirement Account Withdrawals - US News
- How to Donate to Charity from Your IRA - US News
Please leave us a rating and a review on Apple Podcast.
Connect With Carol:
- Website
Episode Summary:In this episode of Navigating Abundant Retirement Radio, host Carol Dewey delves into the importance of having a comprehensive, integrated wealth plan that evolves with changing circumstances and tax laws. She highlights the necessity of regular updates and strategic planning to maintain and grow wealth, sharing insights from Warren Buffet's wealth management philosophy. Carol also recounts the story of Hedy Lamar, an actress and inventor, to illustrate the critical difference between making money and securing a lifetime income.
Key Takeaways: Wealth Planning: A one-size-fits-all approach to wealth planning is ineffective. Regular updates and a deep understanding of individual needs are crucial. * Warren Buffet's Rules: Warren Buffet's two rules of wealth management are foundational: "Don't lose money" and "Don't forget rule number one." * Importance of Preparation: Proper wealth management requires not just building wealth but also having a strategy to maintain and grow it. * Historical Insights: The story of Hedy Lamar underscores the necessity of planning for long-term financial security. * Comprehensive Financial Advice*: Many clients do not receive truly comprehensive financial advice, which is essential for a secure retirement.
Quotes:* "There is no one-size-fits-all wealth plan." * "Rule number one: Don't lose money. Rule number two: Don't forget rule number one." * "Getting wealthy and staying wealthy are two totally different challenges." * "Having lots of money is totally different than having a plan to secure your lifestyle for a lifetime." * "Don't be scared, be prepared."
Timestamps: 01:24 - Warren Buffet's wealth management philosophy * 02:34 - The importance of updating wealth plans * 03:44 - Comprehensive financial advice vs. second opinions * 04:50 - Story of Hedy Lamar and financial planning * 06:07 - Historical anecdote about radar detection at Pearl Harbor * 08:30 - Importance of a custom integrated comprehensive wealth plan * 09:51* - Invitation for a 21-point retirement lifestyle assessment
Referenced Links:* Perpetual Wealth Financial
Please leave us a rating and a review on Apple Podcast.
Connect With Carol:* Website * LinkedIn
Episode Summary:
In this episode of Navigating an Abundant Retirement Radio, Carol Dewey delves into the intricacies of maximizing your Social Security benefits. She covers essential strategies and key elements to help you harness the power of Social Security, ensuring a more financially secure retirement. Carol also explores spousal, ex-spousal, and survivor benefits, as well as the impact of working during retirement and potential future changes to the Social Security program.
Key Takeaways:
- Maximizing Social Security Benefits: Strategies to maximize your Social Security benefits by understanding the system, working longer, and delaying filing.
- Spousal and Ex-Spousal Benefits: Eligibility and benefits available for spouses, ex-spouses, and widows/widowers.
- Working During Retirement: The impact of working while receiving Social Security benefits and how it affects your payments.
- Future of Social Security: Potential changes and the importance of preparing for a possible reduction in benefits.
Quotes:
- "Harnessing the power of Social Security means fully preparing yourself for retirement."
- "Be your own best advocate and know your worth."
- "Retirement is your reward for decades of hard work, careful planning, and financial discipline."
Timestamps:
- (01:23) Importance of Social Security in Retirement
- (02:28) Elements of Harnessing the Power of Social Security
- (04:45) Full Retirement Age and Benefits
- (07:09) Spousal, Ex-Spousal, and Survivor Benefits
- (11:19) Working During Retirement and Social Security Taxation
- (13:06) Future of Social Security and Potential Changes
Referenced Links:
- Perpetual Wealth Financial
Please leave us a rating and a review on Apple Podcast.
Connect With Carol:
- Website: Perpetual Wealth Financial
- LinkedIn: Carol Dewey
Episode Summary:
In this episode of Navigating an Abundant Retirement Radio, Carol Dewey discusses the concept of "Achilles choice" and reveals the number one key to a successful retirement. She emphasizes the importance of having a clear vision of the life you want to live in retirement and the legacy you want to leave. Carol shares insights on regret minimization, the significance of having a well-defined retirement plan, and the pitfalls of relying on generic financial advice.
Key Takeaways:
- Achilles Choice: The importance of making conscious life choices that align with your desired legacy.
- Regret Minimization: Using Jeff Bezos' regret minimization framework to make life decisions.
- Clear Vision: The necessity of having a detailed picture of your retirement goals, including the lifestyle and legacy you want.
- Custom Planning: The drawbacks of one-size-fits-all financial products and the benefits of custom, comprehensive planning.
- Eisenhower Matrix: Prioritizing activities that matter most for a fulfilling retirement.
- Retirement Transformation: Transitioning from the old way of life to a new, abundant way of life in retirement.
- Comprehensive Planning: The importance of managing side effects and tactical interactions in critical retirement areas.
- 21-Point Assessment: The value of a thorough assessment to identify and address potential obstacles to your dream retirement.
Quotes:
- "At the end of my life, will I regret not having done this?" - Carol Dewey
- "Wealth is the ability to fully experience life." - Henry David Thoreau
- "If it's not important to you, it won't be important to me." - Carol Dewey
Timestamps:
- (01:18) Discussion on Achilles choice and the number one key to a successful retirement
- (02:26) Jeff Bezos' regret minimization framework
- (03:34) Matthew Emmons' Olympic story and the importance of having a clear bullseye
- (04:43) Issues with generic retirement planning
- (07:05) The importance of rigorous assessment of your financial plan
- (08:42) Transitioning to an abundant retirement lifestyle
- (09:53) Three critical components of a retirement plan: Vision, Priorities, Goals
- (12:19) Overview of the 21-point retirement lifestyle assessment
Referenced Links:
- Perpetual Wealth Financial
Please leave us a rating and a review on Apple Podcast.
Connect With Carol:
- Website
Episode Summary:In this episode of Navigating an Abundant Retirement Radio, host Carol Dewey from Perpetual Wealth Financial discusses the importance of rainy day protection and how to prepare for unexpected financial challenges, particularly in retirement. She delves into strategies like long-term care insurance, emergency funds, and common financial mistakes to avoid.
Key Takeaways: Rainy Day Protection: Preparing for financial challenges as you age, especially concerning healthcare and long-term care costs. * Emergency Funds: Establishing an emergency fund for unexpected expenses like healthcare, home repairs, or helping family members. * Long-term Care Insurance: Utilizing life insurance policies with long-term care benefits to provide flexibility and protection. * Financial Mistakes to Avoid: Avoiding common pitfalls like unnecessary spending, relying too much on credit cards, and overextending on mortgages. * Budgeting and Savings*: Keeping track of spending, managing subscriptions, and living within your means to build financial resilience.
Quotes:* "You can't stop the rain, but you can stay dry." * "If you never need the money, it will go to your kids or other named beneficiaries." * "Opening your financial strategy umbrella so you don't get drenched by interest is some seriously good rainy day protection." * "Building a good financial strategy has nothing to do with denying yourself the things that make life enjoyable. It's simply about balance."
Timestamps:* (01:26) Rainy Day Protection Explained * (02:25) Importance of Emergency Funds * (03:34) Uses for Emergency Funds * (04:38) Life Insurance with Long-term Care Benefits * (05:33) Avoiding Common Financial Mistakes * (06:16) Spending on Non-essentials * (08:18) Managing Subscriptions and Memberships * (09:09) Smart Use of Credit Cards * (10:03) Buying Gently Used Vehicles * (10:59) Right-sizing Your Home Purchase * (12:48) Home Equity and Refinancing * (13:50) Avoiding Living Paycheck to Paycheck * (15:18) Effective Budgeting and Saving
Referenced Links: Perpetual Wealth Financial*
Please leave us a rating and a review on Apple Podcast.Connect With Carol: Perpetual Wealth Financial * LinkedIn*
Episode Summary:In this episode of Navigating an Abundant Retirement Radio, Carol Dewey continues the discussion on the 12 little-known wealth myths, focusing on the final three myths and offering valuable insights and advice. Carol shares the inspiring story of Jim Rohn and his journey from losing his fortune to rebuilding it, emphasizing the importance of strategic planning and seeking smart advice for a well-designed retirement.
Key Takeaways:* Jim Rohn's journey highlights the importance of recovering from financial setbacks with professional advice and strategic planning. * A well-designed retirement involves becoming the person you want to be, doing what you love, being with people you care about, making a difference, and insulating yourself from life's uncertainties. * The search for a magic bullet solution is a myth; strategic planning and managing side effects and interactions are crucial. * Media often misleads, and it’s important to be wary of advice that appeals to fear, greed, and envy. * Misguided loyalty to advisors can be costly; upgrading advisors as your wealth grows is essential for comprehensive and strategic planning.
Quotes:* "We all have two choices. We can make a living or we can design a life." - Jim Rohn * "Tactics without strategy is the noise before defeat." - Sun Tzu * "Don't let your learning lead to knowledge or you'll become a fool. Let your learning lead to action and you can become wealthy." - Jim Rohn * "Retirement should be a life of more than enough. It should be a time of abundance, peace, freedom, joy, making the difference you want to make." - Carol Dewey
Timestamps:* (03:56) Jim Rohn's lessons and quotes * (05:03) The five pillars of a well-designed retirement * (06:05) Wealth Myth #10: The Search for the Magic Bullet * (10:07) Wealth Myth #11: The Media is Here to Help You Stay Wealthy * (12:23) Wealth Myth #12: The Misguided Loyalty Myth * (17:05) Offering the 21-point retirement lifestyle assessment
Referenced Links:* Perpetual Wealth Financial
Connect With Carol:* Website * LinkedIn
Please leave us a rating and a review on Apple Podcast.
In this episode of Navigating an Abundant Retirement, host Carol Dewey continues the discussion on the 12 little-known wealth myths. In part two, Carol explores myths seven through nine, shedding light on how these misconceptions can negatively impact retirement planning. She emphasizes the importance of understanding these myths to avoid costly mistakes and outlines a path to a 120% retirement lifestyle.
Key Takeaways:
- Wealth Myth #7: The 80% reduced retirement lifestyle myth can lead to a life of lower standards if followed. Retirement should be about abundance, not reducing your lifestyle.
- Wealth Myth #8: The 401(k) binge myth encourages excessive or uncontrolled indulgence in 401(k) plans, potentially leading to higher taxes and lost capital gains benefits.
- Wealth Myth #9: The lower tax bracket later myth is based on the false assumption that you will always be in a lower tax bracket in retirement. Rising federal debt might lead to increased tax rates, impacting retirees' financial security.
Quotes:
- "Retirement should be a life of more than enough. I believe you should retire 120%."
- "Every unnecessary dollar you surrender to the IRS needlessly is one less dollar you have for your lifestyle and your legacy."
Timestamps:
- (01:27) - Discussion on myths and their implications on retirement
- (03:47) - The impact of new forces on retiree confidence
- (07:01) - Explaining the 120% retirement concept
- (08:16) - Importance of reliable and tax-free income for retirement
- (09:27) - The risks of a stock market-based retirement lifestyle
- (10:50) - The drawbacks of excessive reliance on 401(k) plans
- (12:16) - Discussing tax bracket assumptions and their impact on retirement planning
- (14:45) - Impact of federal government spending and potential tax rate increases
- (18:25) - Description of the 21-point retirement lifestyle assessment
Referenced Links:
- For more information about the show, visit Navigating an Abundant Retirement Podcast.
- Give us a call at (877) 434-6243 or email Carol at carol@perpetualwealthfinancial.com to schedule your 21-point retirement lifestyle assessment.
Connect With Carol Dewey:
- Website: Perpetual Wealth Financial
- LinkedIn: Carol Dewey on LinkedIn
In this episode of Navigating an Abundant Retirement Radio, Carol Dewey discusses the first six myths out of twelve that can affect your retirement planning. She explores common misconceptions about wealth and retirement, illustrating how these myths can impact your financial security and freedom. Carol shares personal stories and real-world examples to emphasize the importance of comprehensive planning for a successful retirement.
Key Takeaways: Myth #1: "What Got You Here, Won't Get You There." Carol discusses the three wealth phases and emphasizes the need to adjust wealth plans as you move into retirement. * Myth #2: "The Tax Code is Not Your Friend." Carol highlights how understanding the tax code can lead to significant tax reductions and even elimination. * Myth #3: "Good Advice vs. Bad Advice." She shares a real-life story of how bad advice led to financial loss and family conflict, demonstrating the importance of having well-informed advisors. * Myth #4: "The Financial Superstar Myth." Carol examines the unrealistic expectation that people should be experts in both their careers and wealth management. * Myth #5: "The DIY or Semi-DIY Myth." She explains why acting as your own wealth advisor may not be the best approach, especially during retirement. * Myth #6:* "The Dear Occupant Gold Myth." Carol discusses the dangers of one-size-fits-all financial products and the need for customized wealth planning.
Read more
Quotes:* "Wealth is more than money. It's what is valuable to you, what is worth fighting to protect, and what is worth passing on." * "The tax code is a roadmap to tax reduction and tax elimination. It's full of gold mines for those with advisors trained to take advantage of every tax-saving opportunity."
Timestamps:* (00:16) Overview of the First Six Myths * (01:17) Defining Wealth and Retirement * (02:17) Myth #1: "What Got You Here, Won't Get You There" * (05:41) Myth #2: "The Tax Code is Not Your Friend" * (07:58) Myth #3: "Good Advice vs. Bad Advice" * (11:08) Myth #4: "The Financial Superstar Myth" * (14:07) Myth #5: "The DIY or Semi-DIY Myth" * (15:17) Myth #6: "The Dear Occupant Gold Myth"
Referenced Links:* Please leave us a rating and a review on Apple Podcast.
Connect With Carol:* Perpetual Wealth Financial Website * LinkedIn
In this episode of Navigating an Abundant Retirement Radio, host Carol Dewey delves into the potential impact of the 2024 presidential election on finances. Drawing on data and historical trends, Carol addresses common concerns and misconceptions about how election outcomes may affect investment portfolios and retirement plans. While acknowledging widespread anxiety among investors, Carol emphasizes the importance of staying informed, maintaining a long-term perspective, and working closely with financial professionals to navigate economic uncertainties.
Key Takeaways:
- Historical data suggests that presidential election outcomes have minimal impact on market performance.
- Maintaining focus on long-term financial goals and strategies is crucial during periods of economic volatility.
- Working with a financial services professional can provide valuable guidance and perspective in navigating market fluctuations.
- Relying on data and historical trends rather than emotions or gut instincts can lead to more informed investment decisions.
- Building a diversified investment portfolio and staying patient during market fluctuations are essential for long-term financial success.
Quotes:
- "Presidential elections occur every four years whether we like it or not, and the data is clear that the winner of those elections isn't going to change your portfolio much."
- "Building the kind of savings and retirement income you need to achieve your retirement goals comes down to trust and patience."
- "There's real power in relying on data and historical trends rather than your emotions or gut instincts."
Timestamps:
(01:59) Overview of election-related financial concerns
(06:05) Analysis of historical trends and market performance during election years
(08:35) Examination of investor sentiments and anxieties
(11:11) Impact of election-related anxiety on retirement planning and investment strategies
(14:44) Strategies for avoiding emotion-based investing during economic uncertainty
(17:55) Conclusion and encouragement to stay focused on long-term financial goals
Please leave us a rating and a review on Apple Podcast.
Visit the website here.
Connect With Carol:
- www.perpetualwealthfinancial.com
Episode Summary:
On this episode of Navigating an Abundant Retirement Radio, host Carol Dewey delves into the intricate financial concerns faced by many, including millionaires. In the Retire Abundantly series debut, she explores the evolving landscape of financial security amidst economic, financial, and political shifts, offering insights and strategies for ensuring a prosperous retirement.
Key Takeaways:
- Achieving a million-dollar milestone doesn't guarantee the anticipated sense of financial security.
- Financial concerns extend beyond personal wealth to encompass broader economic uncertainties.
- Taxes, particularly IRS levies, pose significant threats to financial independence and retirement plans.
- Preparation and informed action are vital in navigating financial challenges and securing a fulfilling retirement.
Quotes:
- "It's not just as Yogi Berra said, 'A nickel ain't worth a dime anymore.' There are an extraordinary labyrinth of new economic, financial, and political forces at work that threaten our financial security and will create winners and losers." - Carol Dewey
- "Income is king after-tax income. It's not what you make, it's what you keep." - Carol Dewey
- "What's the one thing you would surrender all of your money to keep? Whatever that answer is, be sure your Strategic Retirement Lifestyle Plan protects that." - Carol Dewey
Read more
Please leave us a rating and a review on Apple Podcast.
Visit the website here.
Connect With Carol:
- Website
In this episode of "Navigating an Abundant Retirement," host Carol Dewey dives into the crucial topic of Roth conversions. Join us as we explore whether a Roth conversion is the right financial move for your retirement strategy.
Don't miss this episode of "Navigating an Abundant Retirement" if you're looking to make informed decisions about Roth conversions and maximize the potential of your retirement savings. Tune in for expert advice and practical tips on securing a financially abundant retirement.
In this episode of Navigating Abundant Retirement radio. Carol Dewey talks about how TODAY’S ECONOMY MIGHT IMPACT YOUR RETIREMENT. If you’re retired (or close to it), you might feel overwhelmed hearing about all the things that could affect the retirement you’ve worked so hard for. So in this show, Carol will discuss how you can take charge of your retirement! We’ll cover how an appropriate retirement income strategy can help you:"
In this episode of "Navigating Abundant Retirement," your host, Carol Dewey, delves into the critical topic of how taxes can impact your retirement dreams. She challenges common misconceptions and invites you to ponder the following pivotal question:
"How Taxes Can Impact Your Retirement Dreams: The Power of When"
Carol explores the timing and strategies related to taxation during retirement, shedding light on the ways it can either enhance or hinder your retirement goals.
Conclusion:
Understanding the timing of tax-related decisions and implementing strategic tax planning can be a game-changer for your retirement. Don't underestimate the impact taxes can have on your financial future.
Continue your journey of enlightenment and education by taking these steps:
- Subscribe to our podcast for future episodes.
- Download this episode to revisit key insights.
Show Note Resources:
- 2023 Retirement and Savings Guide
- 2023 Taxation Guide
Stay tuned for more valuable insights and strategies to make the most of your retirement dreams. See you next time on "Navigating Abundant Retirement" with Carol Dewey!
In this episode, Carol Dewey discusses the importance of estate planning for a secure retirement. She shares her own experience after her mother's passing, highlighting the value of having affairs in order. Carol emphasizes the significance of addressing estate planning to alleviate stress during emotional times.
Carol also features Barry Haimo of Haimo Law, an expert in estate and business planning. They touch on a crucial aspect of estate planning: the probate process. Barry explains that while probate is necessary, it comes with time, cost, and privacy implications. He compares it to an airport experience—time-consuming, invasive, and unpredictable.
Listeners are encouraged to consider their own plans and the impact on loved ones. The discussion sheds light on alternatives to probate, urging proactive planning. The episode underscores the emotional toll of probate and highlights the importance of ensuring a smoother process for family members.
Guest Speaker: Barry Haimo, Haimo Law @ www.haimolaw.com, (954) 228-3369, 8201 Peters Road, Suite 1000, Plantation, FL 33324
Welcome back to Navigating an Abundant Retirement Radio. This week, Carol discusses how business owners invest for guaranteed growth and generational wealth. This podcast episode is for business owners who insist that their money and investments empower them — not rob them or hold them back.
Main Points:
Investing in Yourself and Your Business:
- Business owners should focus on investments that empower them and their business instead of diverting money to other businesses.
- The host highlights the importance of investing in special accounts that offer guaranteed growth of 4-5% per year, regardless of market fluctuations.
Wealth Capture Account:
- Carol introduces the concept of a Wealth Capture account as a way to automatically grow wealthier every month.
- She suggests setting up an automatic transfer of a percentage of income into a savings account, creating a secure financial foundation.
Living Wealthy Account:
- The host recommends sweeping a small percentage of income into a separate savings account called the Living Wealthy account.
- This account is for guilt-free spending on personal luxuries and things that bring value and relaxation.
Wealth Creation Account:
- Carol discusses the Wealth Creation Account, a safe and reliable place for money to grow, which can be utilized for investments or business growth.
- Cash Flow Insurance is suggested as one of the best vehicles for a Wealth Creation Account.
Cash Flow Insurance:
- The benefits of Cash Flow Insurance, which provides a consistent, guaranteed, tax-preferred return regardless of stock market fluctuations.
- It allows entrepreneurs to access cash for various purposes, such as financing their business, education, or home.
Asset Protection and Family Legacy:
- Cash Flow Insurance can offer protection from lawsuits and act as a "war chest" for defending against financial predators.
- The system can also be used to pass wealth on to the next generation without triggering estate taxes.
The Smarter "System":
- Emphasize that a smarter system, like the Cash Flow Banking™ System, is required for preserving, protecting, and growing wealth.
- The system allows easy access to money for any purpose without the constraints of traditional retirement accounts.
Working with a Wealth Team:
- Create a wealth team for entrepreneurs, similar to a Family Office for wealthy families.
-
The team includes finance specialists, CPAs, attorneys, etc., and is designed to help business owners manage and grow their wealth effectively.
-
Cash Flow Health Assessment: Link
Disclaimer: The information provided in this podcast is for educational and informational purposes only and should not be considered financial advice. Listeners are advised to consult with a qualified financial advisor before making any investment decisions.
In this episode, Carol Dewey interviews Soli Rodriguez, an Estate Planning Attorney with expertise in Estate Planning, Probate, Business, and Real Estate Law. Soli is a bilingual attorney, fluent in both Spanish and English, and holds licenses in Puerto Rico and Florida, including admission to the Southern District Court of Florida.
In this insightful conversation, Soli shares their extensive experience partnering with key attorneys to provide critical guidance and support in various legal matters. With a proven track record of success, Soli's ability to analyze complex situations, data, and documentations ensures that legal assignments are executed promptly and surpass expectations. They are resourceful and adept at anticipating and evaluating all issues to protect clients' interests while delivering professional results in demanding environments
Soli's advice to start the estate planning process early, emphasizing that it is essential for everyone, regardless of age or wealth. By proactively addressing potential challenges and protecting assets, individuals can ensure that their wishes are upheld and their retirement years can be enjoyed with peace of mind.
Tune in to this episode to gain valuable insights from Soli Rodriguez, an Estate Planning Attorney, as they discuss the significance of estate planning in navigating an abundant retirement.
In this episode, Carol explores the impact of artificial intelligence (AI) on investment insights. Here are the key takeaways:
- AI Defined: AI refers to computer systems that mimic human intelligence by analyzing large datasets to solve problems.
- Narrow AI vs. General AI: Narrow AI focuses on specific tasks and provides singular answers based on past data. General AI aims to replicate human thought processes and surpass human intelligence, but it is still a theoretical concept.
- AI Training Approaches: AI is trained using supervised, semi-supervised, and unsupervised learning. Supervised learning uses labeled datasets, semi-supervised learning allows some inference-making, and unsupervised learning explores unlabeled datasets.
- Expanding Use Cases: AI has limitless potential applications and can enhance decision-making, improve businesses, and revolutionize various industries, including drug development.
- Beneficiaries in Investing: Companies like C3.AI, Nvidia, Broadcom, AMD, Microsoft, and Google are already benefiting from AI. New AI-focused companies are expected to emerge in the future.
- Investing in AI: Currently, pure AI-focused ETFs are limited, but portfolios can include companies like Amazon, Microsoft, and Nvidia that benefit from AI advancements.
- Potential Opportunities: Despite recent gains in AI-related stocks, there are still potential investment opportunities as the AI landscape continues to evolve.
These insights provide an overview of AI's impact on investing, highlighting its definition, training approaches, expanding use cases, beneficiaries, investing options, and potential opportunities.
In this episode of Navigating an Abundant Retirement Radio, host Carol Dewey discusses the debt ceiling, upcoming deadlines, and investment insights. Understanding the debt ceiling is important, and Carol aims to provide a better understanding of it and share thoughts on how to navigate the situation.
The Debt Ceiling: What is it?
The debt ceiling is the limit on the amount of money the US government can borrow to fund its expenses. The US reached its debt limit of $31.4 trillion on January 19, and now Congress needs to approve a higher limit. If a resolution is not reached, the US could potentially default on its debt.
Breaking Down the Budget:
The debt can be divided into mandatory expenses, discretionary expenses, and interest payments. Mandatory expenses include Social Security, Medicare, and Medicaid, while interest payments make up 6% of the budget. Adjustments to discretionary expenses, like the Department of Defense, might be considered when looking at the budget.
Who Owns the Debt?
Around 60% of the US debt is owned by investors, including insurance companies, mutual funds, and foreign countries. China holds about 2.5% of the debt, while other countries own 22%. The majority of the debt, around 80%, is owned by US entities such as Social Security and retirement plans.
Historical Debt Trends:
The US debt has consistently increased over time, regardless of the administration. The debt ceiling has been adjusted 78 times since 1960, and since 2009, the debt has tripled. Addressing the debt ceiling tends to be an emergency-focused conversation rather than a long-term plan.
Extraordinary Measures:
During debt ceiling debates, the Treasury Department can take extraordinary measures, like prioritizing payments and temporarily suspending funding for certain programs, until a resolution is reached. These measures are temporary solutions.
Potential Consequences:
Failure to raise the debt ceiling could lead to government service cutbacks, volatility in the market, and a possible downgrade in US debt, resulting in higher borrowing costs. However, it is believed that politicians will work to avoid these scenarios.
Carol believes that the debt ceiling will eventually be raised, although the compromises and consequences remain uncertain. It is challenging to create a long-term investment strategy around this issue, so it's important to stay informed and monitor the situation as it develops.
Key Takeaways:
- A recent study reveals seven financial decisions older investors regret not making to better prepare for the future.
- Being aware of these regrets can help us avoid similar decisions today that may impact our financial security later in life.
- Many of these regrets center around retirement and the need for more savings due to longer life expectancies.
In this episode, Carol shares the findings of a study on financial regret among older adults and provides steps to avoid such regrets in our own financial decisions.
Regret 1: Not Saving Enough (57% regretted)
- Start saving early, even small amounts can add up over time.
- Set a budget, track expenses, and redirect savings towards retirement.
- Periodically review and adjust your savings plan.
- Take advantage of employer matching contributions.
Regret 2: Not Buying Long-Term Care (LTC) Insurance (40% regretted)
- Understand the potential costs and benefits of LTC insurance.
- Start the conversation early and explore options with a financial advisor.
- Carefully review policy terms, coverage, and exclusions.
- Long-term care expenses can be significant, making planning crucial.
Regret 3: Not Delaying Social Security Benefits (23% regretted)
- Claiming benefits at 62 leads to reduced monthly benefits.
- Delaying benefits until 70 can increase monthly benefits.
- Understand the impact on retirement income and financial security.
- Consider individual financial situation and retirement goals.
Regret 4: Not Purchasing Lifetime Income Payments (33% regretted)
- Annuities provide a guaranteed income stream in retirement.
- Understand different annuity types and how they fit your plan.
Regret 5: Depending Financially on Others (10% regretted)
- Strive for financial independence by saving and investing.
- Have a written financial plan and clear goals.
- Communicate with family and collaborate on financial decisions.
Regret 6: Not Working Longer (37% regretted)
- Working longer allows for more earning, saving, and delaying Social Security.
- Can decrease mortality risk, sustain cognitive function, and provide social interaction.
- Consider personal circumstances and preferences when deciding.
Regret 7: Underestimating Retirement Length (associated regret increase)
- Average life expectancy doesn't account for the likelihood of living longer.
- Prepare financially for the possibility of a longer retirement.
Remember, learning from others' regrets can help us make better financial choices. Stay tuned for more episodes on navigating an abundant retirement.
Sources:
- National Bureau of Economic Research, 2022
- U.S. Census Bureau, American Community Survey, 2017
- U.S. Department of Health and Human Services, Office of the Assistant Secretary for Planning and Evaluation, April 2019
- AARP, 2021
- Center for Retirement Research at Boston College, 2021
- Center for Disease Control and Prevention, Mortality in the United States, 2021
Welcome back to Navigating an Abundant Retirement Radio! This week, we'll be talking about the common mistakes that people make when rolling over their 401(k) and how to avoid them.
You probably have at least one traditional retirement account, such as a 401(k), 403(b), or IRA. The tax treatment of traditional retirement accounts is the key difference between these accounts and regular ones. With a traditional retirement account, you get a tax deduction on the front end, allowing you to contribute the full amount without paying income taxes. The account also provides a tax deferral, which means you won't owe taxes until you withdraw the money, allowing the account value to grow more quickly.
401(k)s are one of the most common retirement accounts, and if you're listening today, you likely have one or more. Although 401(k)s are flexible and give you choices as you go through life, people often make mistakes when it comes to rolling over these accounts. Today, we'll cover important information about 401(k) rollovers and potential mistakes.
One of the biggest mistakes is cashing out your 401(k) when you leave your employer. Doing so will not only result in taxes and penalties but also the loss of years of potential tax-deferred growth. A better option is to roll over your 401(k) into a new 401(k) or an IRA. If you choose an indirect rollover, you have only 60 days to deposit the money into another qualified retirement account, which can be risky. Instead, a direct rollover is your most mistake-proof option.
If you make an early withdrawal from a 401(k), you'll end up with much less than you think due to taxes and early withdrawal penalties. Only a few exceptions, such as becoming permanently disabled or splitting the 401(k) with your spouse during a divorce, allow you to avoid the early withdrawal penalty.
In conclusion, understanding and following the rules of retirement accounts are essential to avoid potentially expensive mistakes.
Downloadable Offer:
Guide to Avoid 401(k) Mistakes 2023
In this episode, Carol delves into the risks and benefits of a federal digital currency, particularly the issue of centralized government control of banks.
Carol starts by defining the problem at hand and outlining the effects that a federal digital currency could bring, including government surveillance of purchases, real-time tracking of payments, digital ledgers on phones, and centralized government control of banking. She highlights the potential impact on privacy, cyberattacks, and individual liberties.
One of the major concerns she identifies is the centralized government control of banks, which could stifle innovation and competition, leading to a less efficient financial sector. Carol highlights the potential economic instability and loss of investor confidence that could result from the government's misuse of power.
To mitigate the risks associated with centralized government control of banks, Carol suggests various measures such as strong security measures, privacy regulations, decentralized systems, transparency, education and awareness, and international standards.
Carol concludes by highlighting the potential impact on retirement, particularly the risk of inflation, which can erode the value of retirement savings and impact the purchasing power of retirees.
Overall, this episode provides a comprehensive overview of the risks and benefits associated with a federal digital currency and the measures that can be taken to ensure its safe and responsible use.
In this podcast episode, the Carol discusses the recent failure of Silicon Valley Bank and whether people's money is safe in banks and insurance companies.
Carol mentions that if you have less than $250,000 in your bank account, you have nothing to worry about because the US government insures the first $250,000 in eligible accounts. However, many Silicon Valley Bank customers had more than $250,000 deposited and can't access their money. She then compares the number of bank failures to insurance company failures and explains that insurance companies are generally more secure due to state laws and guarantee associations that provide protection for policyholders. Finally, Carol shares information about the guarantee system for insurance companies in each state, which offers protection for policyholders up to a certain amount.
"if you have less than $250,000 in your account, then you almost certainly have nothing to worry about" - Carol Dewey
"the government is going to step in and essentially insure all the depositors beyond the regular limits of insurance" - Carol Dewey
"there are really only three main places people can put their money; the banks, insurance companies, and Wall Street"
To receive the benefits of a valuable fiduciary second opinion, a Net Retirement Income Analysis, a Social Security Maximization Report, a Blueprint of your current portfolio, a Tax Consultation through the 4 stages of retirement or an Estate Planning Review... schedule your consultation now. There's no obligation! (https://www.talk2carol.live/schedule-retirement-revitalization-consult)
On this episode of Navigating an Abundant Retirement Radio, host Carol Dewey shares her passion for legacy planning and how it goes beyond just leaving assets behind. She tells the story of her family's legacy, including the success and eventual downfall of her great, great, great grandfather's print and book binding business. Carol emphasizes the importance of communication and planning in order to avoid mistakes that can cause financial stress and family turmoil. She also highlights the significance of leaving behind family values, virtues, and traditions. To assist her clients in reaching their estate and legacy planning goals, Carol works with her son-in-law, an estate planning attorney, and has all necessary advisors under one roof for better communication and results. Tune in to hear an interview with Carol's son-in-law on the Legacy Leaders Podcast, where they discuss estate and legacy planning strategies and objectives. Carol believes that legacy planning can mean different things to different people, from leaving a financial legacy to worthwhile organizations, to leaving an inspirational legacy through sharing a life well-lived. As Carol says, "There's no reason that that company shouldn't still be thriving today."
Welcome back to Navigating an Abundant Retirement Radio. This week we are going to talk about economic conditions, why I believe the 60/40 portfolio is dead, and what you can do to be in a better position to take advantage of times like what we are experiencing today.
Mentioned in this Episode
Perspective on US Government Debt 73% Inflation in Turkey The Federal Reserve Medical Care The Hidden Agenda Paul Volcker 100 years of the 60/40 Portfolio Tom Hegna The Financial Times “There Is No Alternative” TINA REIT Investments
Favorite Quotes
"In times like these, of great uncertainty, when your broker is telling you to just hang in there, it’s going to be okay. I say, there is no bad news and there is no good news, there is the only news." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
“Let me try to put into perspective how much money this is. If $1 equals one second, a million dollars equals about 11 and a half days, a billion dollars equals 32 years, but a trillion dollars equals 32,000 years, got it? And 31 trillion is 992,000 years that’s $1 per second for 992,000 years. It's a lot of money.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
“The theory behind the 60/40 portfolio (60 percent stocks and 40 percent bonds) has been a standard strategy for investors, and for good reason. It is designed to balance growth and risk, with both allocations growing over time while offsetting each other. When stocks are up, bonds are down, and vice versa.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey
We invite you to get the answers you need about your financial plan in one of our exploratory meetings. To receive the benefits of a valuable fiduciary second opinion, a Net Retirement Income Analysis, a Social Security Maximization Report, a Blueprint of your current portfolio, a Tax Consultation through the 4 stages of retirement or an Estate Planning Review… schedule your consultation now. There's no obligation! (https://www.talk2carol.live/schedule-retirement-revitalization-consult (https://www.talk2carol.live/schedule-retirement-revitalization-consult))
…
ARTICLES: https://seekingalpha.com/article/4541497-massive-liquidity-drain-may-push-stocks-much-lower (A Massive Liquidity Drain May Push Stocks Lower ) https://fortune.com/2022/10/10/jamie-dimon-recession-six-to-nine-months/ (JP Morgan CEO Jamie Dimon Warns An Economic Disaster May Be Looming) https://www.cnbc.com/2022/10/19/amazon-founder-jeff-bezos-warns-its-time-to-batten-down-the-hatches.html (Jeff Bezos is the latest to warn on the economy, saying it’s time to ‘batten down the hatches’) https://www.thestreet.com/technology/elon-musk-has-a-gloomy-prediction-about-the-economy (Elon Musk Makes Gloomy Prediction About the Economy) https://www.cnn.com/2022/10/24/economy/nabe-business-conditions-survey-october (Almost two-thirds of economists think the economy is in or near a recession) https://www.investing.com/news/stock-market-news/oppenheimer-says-most-stocks-have-likely-bottomed-market-could-rally-before-year-end-432SI-2913733 (Oppenheimer Says Most Stocks Have Likely Bottomed, Market, Could Rally Before Year End)
Social Media https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) Visit our website http://www.perpetualwealthfinancial.com (www.perpetualwealthfinancial.com)
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Welcome back to Navigating an Abundant Retirement Radio. As the sun sets on your career and every day is about to become Saturday, you will be faced with issues such as: how to effectively take required minimum distributions (RMDs) from your traditional IRA or 401(k), when to start taking Social Security, how Social Security payments are taxed, whether to convert your traditional IRA to a Roth, how to recover from a bear market (one of our topics in the last episode), finding good alternatives to low-yielding CDs or savings accounts, and how to come up with a creative way to leave a legacy to your grandchildren and great-grandchildren. Another timelier issue is that of inflation and last week we received confirmation that those receiving Social Security would receive the biggest COLA increase since 1981. Mentioned in this Episode Congress has COLA increases pegged to rising inflation Consumer Price Index (CPI) Social Security Benefits Tax Annuity https://learn.perpetualwealth.info/boomer-movie (Baby Boomer Dilemma)
Favorite Quotes "While there’s been a great deal of talk about inflation this year, the increase depends on the much-anticipated official numbers: the third quarter’s Consumer Price Index (CPI) is measured against the CPI of the previous year, and the COLA is calculated from that.." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
“As a financial advisor, I have helped many seniors reduce or completely eliminate the taxation on their Social Security benefits – simply by moving tax-free bonds or CDs just sitting in the bank into deferred or income annuities. If you have a large pension or other income from an asset that cannot be moved into an annuity, you will likely be paying taxes on up to 85% of your Social Security benefits.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey We invite you to get the answers you need about your financial plan in one of our exploratory meetings. To receive the benefits of a valuable fiduciary second opinion, a Net Retirement Income Analysis, a Social Security Maximization Report, a Blueprint of your current portfolio, a Tax Consultation through the 4 stages of retirement or an Estate Planning Review schedule your consultation now. There's no obligation! (https://www.talk2carol.live/schedule-retirement-revitalization-consult (https://www.talk2carol.live/schedule-retirement-revitalization-consult))
Watch the Baby Boomer Dilemma Movie here: https://learn.perpetualwealth.info/boomer-movie (https://learn.perpetualwealth.info/boomer-movie)
Social Media https://www.linkedin.com/in/perpetualwealth/ (LinkedIn)
Visit our website http://www.perpetualwealthfinancial.com (www.perpetualwealthfinancial.com)
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Welcome back to Navigating an Abundant Retirement Radio. This week you will find out why Carol is so fired up, how to repair bear market damage, and deal with market risk. Mentioned in this Episode Tax arbitragehttps://www.annuity.org/2022/08/15/social-security-benefits-lose-40-of-buying-power/ (r) Fixed Annuity Fixed-Period immediate income annuity Lifetime income annuity
Favorite Quotes "Money is an extension of people’s energy, their stored value…and it is being devalued in so many ways." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “Without the right information, strategy, team, or collaboration, most people make the mistake of letting the tax tail wag the dog…. meaning, they do things for tax deductions they wouldn’t otherwise do AND it confiscates and destroys wealth.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “Annuities are simply a risk management tool. Annuities are not bad but there are “bad” annuities. When it comes to market risk – manage it, put a floor under it, or eliminate it!.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey Get the answers you need about your financial plan in one of our exploratory meetings. To receive the benefits of a valuable fiduciary second opinion, a Net Retirement Income Analysis, a Social Security Maximization Report, a Blueprint of your current portfolio, a Tax Consultation through the 4 stages of retirement or an Estate Planning Review schedule your consultation now. There's no obligation! https://www.talk2carol.live/schedule-retirement-revitalization-consult (https://www.talk2carol.live/schedule-retirement-revitalization-consult) https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
Visit our website: http://www.perpetualwealthfinancial.com (www.perpetualwealthfinancial.com)
Subscribe and stay in touch https://podcasts.apple.com/us/podcast/navigating-an-abundant-retirement-with-carol-dewey/id1623185868 (Apple ) https://open.spotify.com/show/0S8UMBrJE14BGEaRytbZMh (Spotify)
Welcome back to Navigating an Abundant Retirement Radio. This week we will cover the recession and what it means as well as why Carol believes the institutions Americans depend on, such as the government, Wall Street, and the banks, will let them down dramatically. Mentioned in this Episode https://www.annuity.org/2022/08/15/social-security-benefits-lose-40-of-buying-power/ (Social Security Benefits Lose 40% of Buying Power) https://www.yahoo.com/video/cost-gas-decade-were-born-204617247.html?guccounter=1 (Cost of Gas the Decade You Were Born)
Favorite Quotes "The length and depths of a recession are typically the factors that determine the amount of pain in stock and bond assets." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “ A good financial advisor will be able to ascertain your circumstances and offer solutions.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “You don’t need to hit the next big stock or crypto run to be a great investor.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey Get the answers you need about your financial plan in one of our exploratory meetings. To receive the benefits of a valuable fiduciary second opinion, a Net Retirement Income Analysis, a Social Security Maximization Report, a Blueprint of your current portfolio, a Tax Consultation through the 4 stages of retirement or an Estate Planning Review schedule your consultation now. There's no obligation! https://www.talk2carol.live/schedule-retirement-revitalization-consult (https://www.talk2carol.live/schedule-retirement-revitalization-consult)
https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
Visit our website: http://www.perpetualwealthfinancial.com (www.perpetualwealthfinancial.com) Subscribe and stay in touch https://podcasts.apple.com/us/podcast/navigating-an-abundant-retirement-with-carol-dewey/id1623185868 (Apple ) https://open.spotify.com/show/0S8UMBrJE14BGEaRytbZMh (Spotify)
Welcome back to Navigating an Abundant Retirement Radio. This week we are going to cover the 9 common money mistakes entrepreneurs make and then follow-up the discussion with the cure for investment FOMO Entrepreneurs are smart, creative, caring, and passionate. They are some of the most innovative minds and interesting people to talk with. And sometimes… they make BIG MISTAKES with money! In This Episode 1:02 - Mistake #1: You don’t prioritize saving money. 1:47 - Mistake #2: Your prices aren’t sustainable. 2:58 - Mistake #3: You aren’t properly protected. 3:47 - Mistake #4: You’re paying too much in taxes. 4:21 - Mistake #5: You’re doing your own bookkeeping! 4:52 - Mistake #6: You gamble instead of investing. 5:50 - Mistake #7: You’re not investing in yourself! 6:30 - Mistake #8: Your money is locked away. 7:14 - Mistake #9: You wait too long to get professional help. 8:26 - Cure for Investment FOMO 11:43 - What IS The Single Most Important Factor For Investing Success 13:15 - Become a Master
Favorite Quotes "Without the right Mental or Relationship Capital, the Gamestop short squeeze would not have aligned with your “Investor DNA.” Which means it was not a fit for YOU." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “ onfidence comes from knowing you have the skills, ability, and experience to succeed.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “You don’t need to hit the next big stock or crypto run to be a great investor.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey Get the answers you need about your financial plan in one of our complimentary exploratory meetings. Click below: https://www.talk2carol.live/schedule-retirement-revitalization-consult (https://www.talk2carol.live/schedule-retirement-revitalization-consult)
https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
Visit our website: http://www.perpetualwealthfinancial.com (www.perpetualwealthfinancial.com)
Subscribe and stay in touch https://podcasts.apple.com/us/podcast/navigating-an-abundant-retirement-with-carol-dewey/id1623185868 (Apple ) https://open.spotify.com/show/0S8UMBrJE14BGEaRytbZMh (Spotify)
This week Carol discusses investment questions investors should ask and what Wall Street doesn’t want you to know.: Financial and political power congregates on Wall Street… it’s the epicenter of the American financial universe and the subject of many movies about the ruthless and the rich. Few people question why Wall Street holds the purse strings of our nation. To the average American investor, putting your money into stocks, bonds, and mutual funds is “what you do.” Rarely do we ask the right investment questions. In This Episode 0:35 - Financial and political power congregates on Wall Street 1:15 - A little-known fact that ought to make investors furious 3:22 - “Max out your 401(k)” Mantra 3:52 - What doesn’t Wall Street want you to know? 4:39 - What questions should you be asking? 10:11 - Stocks and mutual funds
Favorite Quotes "The strength of an investment can be measured by if and how you can collateralize it." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “ Prosperity Economics empowers individuals to build wealth and financial confidence while maintaining control of your financial strategy, beliefs, and investment choices.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey Get the answers you need about your financial plan in one of our complimentary exploratory meetings. Click below: https://www.talk2carol.live/schedule-retirement-revitalization-consult (https://www.talk2carol.live/schedule-retirement-revitalization-consult)
https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
Visit our website: http://www.perpetualwealthfinancial.com (www.perpetualwealthfinancial.com)
Subscribe and stay in touch https://podcasts.apple.com/us/podcast/navigating-an-abundant-retirement-with-carol-dewey/id1623185868 (Apple ) https://open.spotify.com/show/0S8UMBrJE14BGEaRytbZMh (Spotify)
In the last couple of episodes, Carol covered the 7 Principles of Prosperity as the organizing principles of Prosperity Economics that guide our products, strategies, and decisions. She also mentioned that they can also act as an “opportunity filter” to help us find new ways of thinking and greater money mastery. Also, she discussed a couple of examples of what it looks like when you apply these principles and today, Carol shares a couple more examples and wraps up our Prosperity Economics series. In This Episode 1:12 - Creating Income 4:49 - Reverse mortgage 5:49- Single Premium Immediate Annuities 7:17 - What is an Immediate Annuity? 9:57 - Real Estate
Favorite Quotes "Typical financial strategies for income may not even keep up with inflation!." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “With typical strategies, people should be afraid of running out of money. With Prosperity Economics, you have greater flexibility and control..” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “ While it is nearly impossible to pinpoint exactly how long you will live, it is entirely possible to make sure that you are provided with (at least) a minimum income for the rest of your life.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
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This week Carol continues the discussion on personal finances and the application of the 7 core Principles that guide those practicing Prosperity Economics and what it looks like when you use them… We use the 7 Principles of Prosperity – along with a lot of testing on calculators and real-world case studies - to guide our financial decisions. Practicing Prosperity Economics means acting in accordance with these 7 Principles. In This Episode
2:21 - Saving Money (save as a verb) 4:55 - College Education 9:03 - An entrepreneur we know was in the forestry business 7:55 - Producing almost 18% cash-on-cash return 10:14 - Circle of Wealth 12:34 - College Education 14:47 - Prosperity Economics solutions for financing a college education
Favorite Quotes "We say "save," not "invest," because insurance is not classified as an investment!." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “Saving money is just the foundation... the first step to putting yourself in a position where you can put that money to work through "real" investments or other strategies.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “ When people build up their savings and liquidity and have the ability to invest significant sums of money, new opportunities will suddenly start coming their way!” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
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This week Carol continues the discussion on personal finances. This is Part 3 of this series and today she will cover the 7 core Principles that guide those practicing Prosperity Economics and what it looks like when you use them… We use the 7 Principles of Prosperity – along with a lot of testing on calculators and real-world case studies - to guide our financial decisions. Practicing Prosperity Economics means acting in accordance with these 7 Principles In This Episode 2:21 - Comparisons of a Prosperous Mindset vs. scarcity thinking 4:55 - Our own cash has a cost 9:03 - Successful wealth-building is not about amassing the biggest pile of money 7:55 - Ways to control your wealth 10:14 - Velocity movement is what creates cash flow 12:34 - Best way to move your money 14:47 - Multiple jobs in investment real estate
Favorite Quotes "if we believe there is “never enough”, we could find ourselves compulsively spending every penny we make (and then some). Our thoughts will literally become our reality!." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
“When people measure opportunity costs, they tend to increase their assets and cash flow.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
“ successful wealth-building is not about amassing the biggest pile of money we can, but it’s about using our wealth (dollars, skills, knowledge, etc.) to create a sustainable life that inspires us, empowers us, and enables us to offer our deepest gifts.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
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This week Carol continues the discussion on personal finances. This is part 2 of the 5-part series where she addresses the financial problems where lack of automation and simplification combined with inflation equals decimation. We've been conditioned to be skeptical towards the financial choices that actually make MORE sense, but not to question the options that offer investors poor or unpredictable results. In This Episode 3:16 - What can we DO to protect ourselves and escape insanity? 4:03 - Categories of wealth 5:44 - Now, let’s talk about the Actions. 7:55 - Wealthy People and Prosperity Economics. 8:14 - People tracked their savings instead of their credit card debt. 9:32 - Saving money is something that we can control 11:06 - Prosperity Economics seeks to protect principle
Handout: https://drive.google.com/file/d/1GljjVjXzHiCSq8_E6Xc4_sM6s6-EROgi/view?usp=sharing ( Prosperity Ladder )
Favorite Quotes
"saving money is something that we can control." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
“Prosperity Economics seeks to protect principle as it grows, rather than chase unreliable returns” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
“Prosperity also includes health, happiness, and the fulfillment that comes when we live our purpose, dwell in gratitude, and do the right thing.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
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This week Carol wraps up our celebration of Economic Independence Month by discussing the truth about personal finances! This will be the first of a 5-part series where she will introduce the concept of Prosperity Economics. In This Episode 2:05 - Your ideas about retirement 2:28 - 87 is the new 65 7:38 - Numbers around retirement flat out just don't work 8:17 - Find work you love and do it for as long as you can! 8:22 - "Half-truths." 9:58 -"Plan B" Favorite Quotes "Don't "just" listen to the material presented in these episodes. Take action. Your money and your future depend on it." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “Money is about meaning, not materialism” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “Language is very powerful. Language does not just describe reality. Language creates the reality it describes.” - Desmund Tutu
Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
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What separates the wealthy from the working class? In this episode, Carol explores several HABITS that affluent people have in common. How do the wealthy get that way? What determines your level of wealth and success—is it luck, education, or the size of your inheritance? Tune in as Carol looks into how your daily routine as well as your money habits and see if your behavior matches those who have the success you desire! In This Episode 2:21 - Wealth Habit #1: Save systematically and automatically. 2:58 - Wealth Habit #2: Know what you spend. 3:49 - Wealth Habit #3: Take calculated—not foolish—risks. 4:31 - Wealth Habit #4: Focus on opportunities, not problems. 5:20 - Wealth Habit #5: Wealthy people prioritize health. 6:16 - Wealth Habit #6: Have a morning success routine. 7:02 - Wealth Habit #7: Be intentional with your time. 7:29 - Wealth Habit #8: Rich people are lifelong learners. 8:22 - Wealth Habit #9: Own your results. 8:47 - Wealth Habit #10: Surround yourself with like-minded people. 9:22 - Wealth Habit #11: Wealthy people don’t retire. 10:49 - Wealth Habit #12: Wealthy people give back.
Favorite Quotes "Do what you love as long as you can and keep creating prosperity." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
"If you want to build more wealth, knowledge is not enough. You must also pay attention to habits. Look at your daily routine, as well as your money habits, and see if your behavior matches those who have the success you desire." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
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2020 is over and the majority of the world has opened up again, yet many people are realizing that there’s more to life than a job they dislike. After record-high unemployment rates a couple of years ago, more people are seeking jobs that feel fulfilling. After all, times of crisis are also times of great opportunity! In This Episode 1:51 - Step 1: Start With Your Mindset 3:53 - Step 2: Assess Your Resources 5:40 Step 3: Start Creating Income! 5:57 - Working on a virtual team 7:47 - Option is to use your skills to freelance from home 16:47 - Step 4: Focus on Forward Progress Favorite Quotes “Empower yourself by looking for how you can provide VALUE and EARN results! .” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
"No employer, customer or client hires you because of your education, your resume, or your experience. They decide to work with you because they have a need they believe you can solve." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Articles: https://www.sidehustlenation.com/clarity-fm/ (https://www.sidehustlenation.com/clarity-fm/)
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Happy 4th of July Holiday Weekend to Everyone! In this episode, Carol would want to kick off our celebration of Economic Independence Month (July) and help you beat this recession and fight high inflation with 15 ways you can create cash flow. At Perpetual Wealth Financial and Secure Horizons Agency, we believe everyone should build the life they love so they can enjoy life to the fullest. In This Episode 5:10 - The good news 5:51 - 15 ideas on ways to earn more income 13:03 - Augusta Rule 18:25 - The first step to future passive income Favorite Quotes “Is there really such a thing as passive income?” Yes, there is! True passive income isn’t quite as rare as Santa Claus or the Easter Bunny. There can be a LOT of grey area between earning active income (such as a job) and completely passive income.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
"While most people are focused on “saving for retirement,” consider what you can start doing now that will generate cash flow for years to come!" - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
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Welcome back to https://navigating-an-abundant-retirement-caroldewey.captivate.fm/ (Navigating an Abundant Retirement Radio). This week, Carol shifts the discussion regarding the Map to Economic Independence to the Distribution Dilemma. Her discussions regarding economic independence are where we have enough recurring revenue, also known as cash flow, to cover our basic expenses. So far, her discussions have revolved around the accumulation phase before retirement. In this episode, Carol answers the question of how you can draw down and distribute your retirement savings once the bell sounds and your career is over will determine whether or not you run out of money. The distribution dilemma and the various risks to your nest egg once you retire are the focus of today’s discussion. Enjoy! In This Episode 1:14 - Saving for retirement is actually the easy part. 2:36 - Fixating more on Wealth Accumulation 3:36 - Distributing assets 4:07 - Certificate of Depreciation 4:44 - Figuring out the right accumulation and distribution strategies for your retirement 5:09 - People are living longer than ever before 8:00 - Longevity Credits? 12:54 - Deflation may be the biggest risk in the short term 15:26 - June is annuity awareness month 15:40 - https://learn.perpetualwealth.info/boomer-movie (Boomer Movie) The life insurance industry was built for markets like the one we are facing now – life insurance and annuities can be the solution to many of today’s personal finance dilemmas, as these products are based on math and science.
Bonus Get exclusive access to the “https://learn.perpetualwealth.info/boomer-movie (Baby Boomer Dilemma)” and follow this https://learn.perpetualwealth.info/boomer-movie (LINK) to get your promo code and get access to a streaming version of the movie so you can watch it on any of your devices.
Favorite Quotes 2:09 - “The sooner you can start putting money away, the better.. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 3:11 - “ Even if you save up your goal of $1 million or $5 million or whatever amount you decide, you could still squander it all away in poor investments or by withdrawing it too quickly.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 3:31 - “Distributing assets in a way that ensures you get the most out of your retirement without running out of money is a difficult balancing act and should be taken even more seriously than accumulation“ - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 4:57 - “The longer you live, the more likely you'll withdraw too much. The longer you live, the more likely you'll see inflation. The longer you live, the more likely you'll need long-term care.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 12:26 - “The riskiest time to invest is right before or right after retirement.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 14:10 - “Social Security is simply a guaranteed paycheck for life.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
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Welcome to the sixth episode of the https://navigating-an-abundant-retirement-caroldewey.captivate.fm/ (Navigating an Abundant Retirement Podcast). This week we are going to continue our discussion regarding the Map to Economic Independence. This week we will be talking about Bulletproofing Wealth and the Four Keys to Economic Self-Reliance as well as provide 3 ways you can create cash flow using crypto currencies. Enjoy! In This Episode Bulletproof Wealth: Four Keys to Economic Self-Reliance 1:54 - Key #1: Take Your Income Into Your Own Hands 3:19 - Self-Reliance Key #2: Diversify Your Income 4:53 - Self-Reliance Key #3: Save Like a Millionaire 6:53 - Self-Reliance Key #4: Don’t Leave Your Wealth to Chance 11:03 - Cash Flow Method #1 is Staking 13:09 - Cash Flow Method #2 is Yield Farming 14:54 - Cash Flow Method #3 is Lending Favorite Quotes 2:31 – “when self-employed people develop the ability to find customers and make sales, they become immune to unemployment. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 2:38 - “ those who work for themselves create their own income, and can raise their own ceiling. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 2:46 – “being an entrepreneur develops a different mindset than that of an employee “ - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 06:53 – “ A fool and his money are soon separated — so don’t be foolish with your money!. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 9:12 – “ Building bulletproof wealth that carries you through a difficult economy is important to your Prosperity. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 10:50 – “What many people don’t realize is that there are three ways to generate cash flow with crypto, which means you get paid no matter what the price is doing.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
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This week Carol addresses inflation. Inflation is the gradual rise in prices and decline in purchasing power of your dollars over time. Inflation is at its highest level in 40 years. Tune in as Carol touches on inflation after years of it being a non-issue. Let's listen and find the meaning and the cost of inflation to you. In This Episode 1:33 - Inflation Blip? 2:43 - The Difference between then and now 4:09 - Inflation is a stealth tax in reality 5:01 - Effect on Americans purchasing power 5:37 - Protecting the nest egg 7:02 - An Example 7:36 - Bill Reichstein 8:32 - Fighting Inflation 14:55 - Inflation Hedge 16:07 - The reason we like 60/40
Favorite Quotes "There is no good answer or no perfect answer" - William Bernstein "Buy gold if you want to hedge inflation, but don't buy gold as part of a doomsday scenario" - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
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In this last part of the four part series, Carol continues to talk about The Map to Economic Independence, we will gain clarity about the single most important part of mapping out your path to economic independence or the state of having enough cash flow to cover your expenses. As people begin to gain momentum and success, those distractions, disguised as opportunities, pull them off course. They look good on paper, but then they get involved in something they don't understand. Ultimately, it destroys time when it loses again. Competence is undermined, and it goes against their investor DNA. This is the cause of our economic losses, setbacks, and inability to achieve economic independence. Becoming a better investor requires awareness, skill, and discipline to trust and stick to your investor DNA. In This Episode 1:15 - Net Cash Flow 2:19 - The single most important thing that is really economic independence 3:18 - Taking Personal Responsibility 3:38 -Being stuck in the accumulation mindset 4:38 - That one thing that saved me the most 6:00 - Trading time for money 7:55 - The power to multiply results 10:57 - How do I set up my finances to be more stable? 14:24 - Mistakes that people make when they try to reach economic independence 15:47 - Focus rather than Diversify 16:52 - The single most important part of reaching economic independence fast 18:53 - The core components of becoming a more powerful investor 22:48 - Three buckets in the framework 24:56 - Employee Retention Credit 28:18 - Place I've been putting some of my own money 29:52 - Create penalty-free cash flow Favorite Quotes "Financial freedom is a state of being of, or a state of mind where money is no longer your primary reason or excuse for doing or not doing something" - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) "What you do right now will be, and what makes the difference for the long term?" - Carol Dewey "Never in our history, did we have more people saying what they learned in what I'm going to teach you today and what they learned from us, helping them not only survive during that time but thrive." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) "What can you be doing that will give you the most impact the best life and how do you eliminate distractions?" - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) "If you're only getting 3% on something and paying 6%, pay that off, that's a hundred percent improvement" - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website) Subscribe and stay in touch https://podcasts.apple.com/us/podcast/navigating-an-abundant-retirement-with-carol-dewey/id1623185868 (Apple ) https://open.spotify.com/show/0S8UMBrJE14BGEaRytbZMh (Spotify)
Most people create a blueprint of their house to gain a bigger picture view, see what's possible, and understand what they need to do in order to have a solid structure. The same is true for financial life. Having a blueprint for your financial plan is essential for attaining economic freedom. It serves as a comprehensive plan that covers all aspects of personal finances, retirement goals, and helps identify and overcome potential challenges along the way. What are some ways to create a solid financial future plan? Welcome to the third episode of the https://navigating-an-abundant-retirement-caroldewey.captivate.fm/ (Navigating an Abundant Retirement Podcast). This show will be your guide to creating a worry-free retirement. In this episode, Carol talks about what wealth architecture blueprint ,the Five P’s to incorporate in your life and why having a fully integrated financial team is important in working to protect and grow your wealth. Enjoy! In This Episode 01:13 – The concept of diversification 01:23 – Carol’s advocacy: Focusing is the right approach 02:24 – Importance of knowing your investor DNA 05:11 – Difference between successful people and highly successful people 05:32 – How to protect the downside of your investment 05:59 – The first P on the wealth architecture blueprint 06:16 – The Rockefellers and Vanderbilts financial family history 07:47 – How Rockefellers family built a sixth generation of passing money 08:49 – Why you should hire right professionals to be part of your financial team 09:18 – The second P on the wealth architecture blueprint 11:32 – Why perspective is important in making decisions 11:59 - The third P on the wealth architecture blueprint 12:47 - The fourth P on the wealth architecture blueprint 13:55 - The fifth P on the wealth architecture blueprint 15:47 – Question to reflect on and actions steps to start implementing into your life Favorite Quotes 01:27 – “ Put money in the places you know and understand that align with your skills, experience and interests. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) 03:34 – “ Risk is in the investor, not the investment. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
05:20 – “ Highly successful people say no, a lot more than successful people, because they're purpose driven. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
08:30 – “ If you're a business owner, then you know how important it is to hire good people. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
09:25 - “ You are in the driver's seat of your own finances in life, in great driving comes from making great decisions. ” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
11:30 – “ the higher the emotion, the lower the financial IQ “ - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
12:06 – “ When you have a vision, and when you have a purpose, then things get real simple for you.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
13:10 – “ Remember, you don't need to do it all at once. Big things are built one brick at a time “ - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
13:34 – “ Make a plan but be flexible. adapt to the challenges and opportunity life throws at you and update your plan as needed. “ - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
16:10 - “Only you know what's best and only you can chart your unique path to economic independence.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
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Traditional retirement planning techniques that worked well in the past are no longer effective, and many people are finding themselves unprepared for retirement. People are living longer, so their retirement savings goals do not match their actual needs. How can individuals take control of their own retirement planning and find new ways to save for later in life? Welcome back to https://navigating-an-abundant-retirement-caroldewey.captivate.fm/ (Navigating an Abundant Retirement Podcast). In this episode, Carol will continue the discussion regarding the map to economic independence, from charting the most efficient course to economic independence based on your unique situation, to getting more tactical and giving proven strategies to start seeing more cash flow in your life today. Enjoy! In This Episode 02:26 - Identifying and plugging any and all cashflow leaks 04:01 - Few areas to look into for a business owner 09:11 - Analyzing your investments from a cash flow perspective 15:03 - Begin by laying a strong foundation 17:36 - Being protected against catastrophic loss, financial predators, and wealth degradation over time 18:38 - Funding your trust appropriately 20:52 - Vision, the rarest commodity and greatest deliverer value in the world 21:51 - Understanding and mastering your investor DNA 23:28 - Some questions to reflect on and action steps to start implementing these things in your life Favorite Quotes 08:10 - “So the first thing you want to do, no matter who you are, what you do is plug every single cash flow leak because every dollar saved on a wasted expense goes straight to your bottom line. Not just today either, but every month moving forward.” 10:04 - “The cash flow index or CFI is the most powerful tool at your disposal to quickly pay down debt and maximize your cash flow in the process. 12:06 - “It isn't always about just sacrifice and delay. It's also about living wealthy today.” 17:28 - “Know what you have and why you have it.” 19:33 - “I recommend creating a statement of purpose or what you might want to call a family constitution, because there are a lot of lessons you've learned philosophies, core values, and principles over your lifetime. And when you capture that and put it in your estate plan in your own words, it's extremely valuable to help guide your errors.” 20:58 - “When you have a clear and powerful vision, all kinds of good things start to happen, people become magnetized to you. They want to support you, introduce you to their friends and other people who can support you. You gain energy and can more easily say yes or no to opportunities as they come along. And the universe starts to present you with steps to get closer and closer to your vision.”
21:33 - “ Our vision is to help people become economically independent because when they do, they can be more impactful in their businesses and their daily lives and in their charitable work.”
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Traditional retirement planning techniques that worked well in the past are no longer effective, and many people are finding themselves unprepared for retirement. People are living longer, so their retirement savings goals do not match their actual needs. How can individuals take control of their own retirement planning and find new ways to save for later in life? Welcome to the premiere episode of the https://navigating-an-abundant-retirement-caroldewey.captivate.fm/ (Navigating an Abundant Retirement Podcast). This show will be your guide to creating a worry-free retirement. In this episode, Carol talks about what economic independence is, how to create the map to economic freedom, and what are the four expenses that may or may not hurt your cash flow management plan. https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) is an Investment Advisor Representative and the Founder of Perpetual Wealth Financial. She helps business leaders 'Chart Their Course' to financial freedom in the most tax-efficient manner without having to choose between investing in their business, future or lifestyle. Committed to her community, Carol works with business owners to enhance profit margins and to facilitate individualized, personalized and proprietary retirement programs for the purpose of building economic stability and growth. Enjoy! In This Episode 00:40 - The concept of economic independence 03:19 - A step-by-step guide to economic freedom 05:59 - What most people think about saving money 07:13 - The formula for optimizing cash flow 10:59 - How to create cash flow from lazy assets 13:50 - The four expenses that may or may not hurt your cash flow management plan 18:41 - The secret to defining your true, authentic vision 23:16 - Key questions and action steps to guide your journey to economic independence Favorite Quotes 01:05 - "Everyone's dream of economic independence is different. The components are the same, however, and they're dead simple. Your cash flow must be greater than your living expenses and that cash flow can't depend on you showing up to work everyday. Everyone's point A or starting point is also different based on their unique financial situation, skills and experience." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
03:50 - "If you want to learn to fine-tune your philosophy to focus on cash flow, instead of accumulation start using mindful cash management. Instead of budgeting, shift your mindset from scarcity to abundance. Vision is the rarest commodity in the world." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
04:58 - "Your greatest asset is your ability to produce, to create value, to solve problems, and to serve other people." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
06:52 - "Building your net worth is important, but it's not budgeting and saving as much as possible that paves the path to economic independence. It's cash flow." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
16:35 - "When your mind is free from the worry and stress that comes with uncertainty, there is more room for productive thoughts. Over time, those extra productive thoughts will increase your cash flow and your wealth exponentially." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
18:19 - "If you do a good job creating and following the map to economic independence we're building here, there will come a day when what you do is no longer about money. It's about meaning." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
19:46 - "Your value equation is the key to unlocking your unique superpowers. So you can accomplish your dreams and ultimately reach economic independence much faster." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
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Are you ready to navigate your way to an abundant retirement? In this trailer episode, Carol Dewey offers some insider tips on navigating your way to a fruitful retirement. Her passion for helping people cope with this new season of their lives started with her own experience at the airport. Find out about that encounter that forever changed her life. Join her as she shares practical steps for achieving a new mindset and strategies for “retiring abundantly with Carol.”