The Retirement Pilot: Recent Episodes
Steve Hoover
Financial and retirement planning guidance from Steve Hoover of Wealth Partners in Kansas City, MO. On this show, we'll strive to help you worry more about life and less about money by covering multiple financial and retirement planning topics in a quick, fun, and relatable way.
Social Security is often misunderstood and ill-planned for costing serious lost opportunity for many Americans. Myths, rumors, and misunderstandings are pervasive in the world of Social Security. In this episode, we will finish up our discussion on 5 common misunderstandings about Social Security.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
Social Security is often misunderstood and ill-planned for, costing serious lost opportunity for many Americans. Myths, rumors, and misunderstandings are pervasive in the world of Social Security. In this show, we’ll look to clear up 5 misunderstandings about Social Security.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
A lot of people get confused about some of these terms. Maybe they don’t understand the difference between the two, or maybe they don’t realize that there’s a difference at all. Steve will explain what each of these terms are and how people can get them confused with each other.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
On this episode, we’ll address five, unfortunately, common beneficiary mistakes. Are you making one of these beneficiary mistakes? If so, it could cost you and your loved ones dearly. Some of the simplest mistakes can completely spoil an otherwise well done retirement plan.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
Market volatility became the norm in 2022. Are we in for more of the same in 2023? We’ll talk about the market outlook for the next 12 months, plus share tips on how you can best prepare for potential future volatility.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
If you’ve ever wanted to just learn a little more about investing in the stock market, this episode is for you. We’re going to cover some of those terms you’ve probably heard before, but perhaps never truly knew what they meant.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
At this time of year, you can find football on TV almost every night of the week. So, let’s take some concepts from the game of football and apply them to our retirement planning.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations to which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
You’ve most likely heard plenty of “rules” you’re supposed to follow to retire successfully. Some of these rules are stated so confidently, you’d be crazy not to immediately accept them as fact. But we don’t mind the threat of being called crazy, so let’s dive into some of the most popular retirement “rules of thumb” to see if they truly lead us down the path of good financial guidance or run a chance of leading us astray.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
Don’t dread this as much as you hated hearing these words as a kid, but it’s time for a pop quiz! We’re putting retirement planning preparedness under the microscope with 5 critical questions to which you need to know the answers. So sharpen those pencils and let’s see how ready you are for retirement.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
Your 401(k) can be your most powerful retirement savings tool. But it’s not perfect. Let’s talk about some of the weaknesses that you should be aware of in your 401k (or 403(b)...or TSP...or 457)...
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
We’ve assembled a list of priorities to keep in mind as you count down the days to retirement.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
On this episode, Steve will discuss some top issues in the current financial landscape. He will go over rising interest rates, inflation, and wages.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
There are certain things in life we just can’t predict. If we knew the answers to some of these questions, planning for retirement would sure be a lot easier. So let’s see how you go about constructing a plan that addresses the kinds of questions to which you can’t possibly know the answers.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
Many investors are concerned about market volatility because of the Russia and Ukraine conflict that is going on. Steve will discuss some of the impacts that this event has had on the stock market and inflation.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
In football, teams are extra careful not to make a mistake when they get within about 20 yards of scoring points (known as the Red Zone). They’ve typically worked hard to get to that point and don’t want to cost themselves by throwing an interception or fumbling the ball and giving it to the other team. On this episode, we’ll explore the financial equivalent of the Red Zone and discuss how you can really mess things up if you’re not careful during this phase of your life. If you’re approaching retirement, this is a fundamental conversation you won’t want to miss.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
You might not be able to follow through on all of these resolutions, but implement even just a few of these and you’ll be well on your way to a more prosperous financial life in the coming year.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Get To Know Steve: http://meetmyadvisorsteve.com/
Call: 913-685-3207
During this time of year when family is around and top of mind, it might be time to talk about what to do when we pass on. This is certainly a difficult conversations to have, but Steve will share some insight from his 25 years in the industry and some ways to navigate this topic. Steve will also be offering a complimentary white paper, or download to help you with these steps in an easy to understand format.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
It's Halloween time and you go to get candy only to pay more at the pump and in the candy isle. On this episode, we discuss if the inflation we are seeing is transitory and how it has affected our current economy.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Depending on your answers, the questions we cover on today’s show might raise red flags about your finances. We've got the top 5 on this episode to look at.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Accidents happen as we all know, but is your retirement safe from a lawsuit should you be deemed at fault? Steve shares his thoughts and a story about how to protect your retirement from the very plausible accident lawsuit.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
This week we catch up on some great questions from listeners to the podcast. We cover the differences between a Roth and 401(k), keeping capital gains taxes low, and much more.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
At first glance, each of these statements seem like basic common sense that everyone agrees with. But when we look at the way people actually behave with their money, it seems that common sense is actually a bit uncommon.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Having your legal documents or beneficiary designations out of date can often lead to financial disaster. Thankfully, these are very easy items sort out with a financial advisor.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
We often see people making certain assumptions about retirement that just aren’t correct. Let’s explore some of those on today's show.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
As you get ready to file 2020 taxes and look ahead to the rest of this year’s tax implications, let’s cover some of the changes you need to be aware of and answer some important tax questions.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Sometimes numbers, figures, and stats can go in one ear and out the other. But on this episode, we’ll break down 5 important statistics that are worth taking a moment to understand. They’ll underscore some very real problems people face when prepping for retirement.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Let’s see what lessons can be learned from the most famous market crashes in United States history.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Have you thought about what life is going to be like for you in retirement? Is there a particular lifestyle you’re seeking? A couple of older lifestyle types have been making a comeback.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
You might be surprised to find out that a lot of people don’t do their due diligence or put in a considerable amount of thought into picking their advisor. And ultimately, that leads a lot of people to not understanding what they should expect from such a relationship. So, we want to clear some of that up on this episode and clarify some of the ways you can evaluate your current advisor relationship and how to shop for, and find, the right advisor for you.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Want to grade your preparedness for retirement? Here are five key questions you need to ask yourself. Your answers will help determine how ready you are for retirement.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
On this episode, we present you with five commandments that are worth of being written on stone tablets in your retirement plan.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
There’s a popular podcast called Stuff You Should Know, where they break down things like how sneezing works. Typically, it doesn’t have anything to do with the financial world. On today’s show, we’ll embrace the concept of “Stuff you should know”, but all based in the financial realm.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Vanguard’s “How America Saves 2020” report is packed with lots of intriguing stats and findings about Americans and how they save for retirement in the crazy year that is 2020 (most of the recent data is technically from 2019 although some figures are current through the Spring of 2020). Let’s look at some of the top takeaways from the study and how you might compare to the “normal” savings behaviors of Americans.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Many financial issues impact us all the same. But, of course, other challenges have varying impacts from person to person because our situations are all unique. Let’s take a look at some of the financial and retirement challenges that are unique to women.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
For some people, the idea of putting together a financial plan doesn’t sound like much fun. But the idea of building a home sounds like a lot of fun. So let’s find the similarities in building a strong financial plan and a dream home.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
There are some financial planning blunders that are interesting to talk about but are quite rare in reality. On the other hand, there are some financial planning mistakes that happen far too often. Let’s talk about the mistakes so many people have made in the past it has made them “classic”.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
It is a life event that can be one of the most difficult things to go through both emotionally and financially. When one spouse dies, the remaining spouse is left to wrestle with a mountain of questions and choices. And although it’s difficult to discuss, proper planning can help make it easier to transition through this major life event. Let’s explore what someone should do in the event of a spouse’s passing, but also some of the pre-planning that can take place.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
What can we learn about money by exploring some quotes from the great Mark Twain?
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
It seems that most people don’t have a clear picture of whether they should contribute to a traditional IRA or a Roth. Let’s discuss how to determine what’s best for you.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Let’s talk about some financial planning “strategies” that don’t really work (even though some people, including some financial advisors, believe in them).
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Dave Ramsey has earned a lot of respect among savers and investors over the years as evidenced by his enormously popular radio show, books and sold out performance venues when he speaks. But is all of his advice worth following? Is it possible that some of the things he professes will actually hurt you financially? Let’s take a look at some of Dave’s most popular advice and see if and when it makes sense for retirees and pre-retirees to disagree.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Time for an update on where we stand with the markets, the economy, and retirement planning as it relates to the Coronavirus pandemic.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
A recent survey reveals that more than half of today’s employees are pessimistic about their future retirements. In fact, the majority of workers feel they’ll have a worse retirement than their parents. Steve will discuss this on today's show and talk about the reasoning behind this negative outlook.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
A lot of things in the financial landscape have an “it depends” resolution. It can be frustrating when things are so fluid and vary person to person. So, let’s discuss some financial truths that we can state with confidence and see what we can learn from them.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
The idea of a Roth conversion is intriguing to a lot of people, and for some people it can be a great strategy to enact. Let’s explore the concept...
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Most people like to think that they always make decisions based on logic and facts, but the truth is that emotions usually play a role for all of us in the decision-making process...
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
It’s always good to keep yourself up to date with what’s going on in the financial world. But it’s also important to understand that the information you get from the media isn’t completely unbiased. Let’s talk about some of the problems with the financial media...
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
A lot of financial professionals say things that just aren’t true. And it’s not that they’re intentionally trying to mislead, it’s just that they’ve been trained to use certain talking points, which they might even believe to be true themselves. Let’s talk about the statements you should be cautious of if you hear them from a financial advisor...
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Mutual funds have long been the most popular way for people to invest, but is that landscape changing?
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Sometimes people say they don’t want to retire...and sometimes they really mean it. Other times it’s just a defense mechanism to compensate for the fact that they feel like they can’t retire. So let’s explore some of the possible meanings behind the statement, “I don’t want to retire.”
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
There are some people who don’t care at all about leaving a financial legacy, but for those who do, it’s important to eliminate some of the common estate planning mistakes.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
With all of the things in the financial world that you can’t control, why would you sabotage your own retirement by messing up the things you can control? Let’s discuss some ways that people sabotage their own financial health.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Simple mistakes can sometimes lead to larger regrets in retirement. On today’s show, we’ll explore some of the things you can do to avoid living with regret in retirement.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
If the variables were the same for everybody, retirement planning would be much simpler. But the fact that everybody is different is what makes it fun. On today’s show, we’ll explain why answers to some of retirement’s critical questions vary from person to person.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
There are some important lessons that flying can teach us about retirement planning. Since Steve is a pilot, we thought it would be interesting to see how he can find similarities in both of his professions.
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Even for people who have been very responsible with their money over the years, entering retirement can still be a challenge because it’s such a different stage of life. Let’s talk about some of the missteps that even responsible savers can make...
Important Links:
Steve's Website: http://wealthpartnerskc.com
Call: 913-685-3207
Today’s episode is simple. We’ll look at some of the most widely believed financial myths and try to bust them wide open. The scary thing is that a lot of people base their financial plans on some of these myths. Don’t be like that.
Very often we see a broker or advisor who’s doing a less than stellar job, but folks continue to work with him or her simply because they feel that he or she is a nice guy/gal. Let’s talk about the ridiculousness of actual statements we’ve heard from clients and why it’s important for people to get help and advice that they really need, instead of just maintaining a relationship for strictly personal reasons…
Between wildfires, hurricanes, tornados and floods, there’s always a natural disaster making news headlines. And while life and limb aren’t at stake when it comes to your portfolio, experiencing a financial disaster can still have a catastrophic effect on your life in retirement. Let’s discuss some portfolio disasters that we’ve seen and how to avoid them...
“Financial Security” might mean different things to different people, but for nearly everyone, making sure that they achieve their own definition of security is the most important part of their retirement plan. So, how do you define financial security? On today’s show, we’ll cover some of the popular responses we hear from clients during the planning process.
Your 401k can be your most powerful retirement savings tool. But it’s not perfect. Let’s talk about some of the weaknesses that you should be aware of in your 401k (or 403b...or TSP...or 457 plan).
Some of retirement planning’s most important questions seem so simple at first. They can be asked in just a few words and give the impression the answers are a simple “yes” or “no”. But it’s tricky because many of these questions can become overwhelming to answer. Let’s cover some of the important retirement questions that are harder to answer than you might think.
Hopefully your famous last words in life won’t be “Hey y’all, watch this!” And in the financial world, there’s quite a few phrases that you don’t want to be your famous last words either
Get ready for The Retirement Pilot with Steve Hoover of Wealth Partners Corporation. It's a new podcast that'll help you plan for your financial future and retirement. Steve specializes in helping you cover all your financial bases and giving you the edge you need to succeed in retirement. Listen to this quick episode for a little preview of what's to come. The first episode launches soon!
In the meantime, learn more about Steve Hoover here: http://www.wealthpartnerskc.com/