Plan Wise. Retire Free.: Recent Episodes
Jude Wilson
Financial and retirement planning guidance from Jude Wilson of Centrus Financial Strategies. Serving retirees and pre-retirees in central Florida, with offices in Orlando and Bradenton.
The transition into retirement isn’t just a financial shift- it’s a psychological one. We’re excited to have a special guest on the show this week. Josh Bell, coach and consultant at The Josh Bell Company, is joining us to explore what it really means to leave your job title behind and step into the unknown.
Tune into this great conversation on building a retirement life filled with clarity, purpose, and healthy relationships!
Here’s some of what we discuss in this episode:
🧭 Redefining your identity without your career title
🗓️ Designing new rhythms for your daily life
❤️ Navigating relationship shifts in retirement
🎯 The danger of retiring without a plan beyond finances
🎙️ How coaching can be helpful during big life transitions
Learn more about Josh:
https://www.joshwbell.com/
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
Wishful thinking feels comforting, but in retirement planning, it can quietly sabotage your future. In this second installment, Jude breaks down five more dangerous assumptions people make when planning for their golden years. From relying too much on Social Security to assuming Medicare will handle long-term care, this episode challenges listeners to face financial realities with clarity and strategy.
Here’s some of what we discuss in this episode:
🚫 Common planning mistakes and false beliefs
🏠 Downsizing might not free up the cash you expect
👨👩👧 Counting on your kids? Think again
💵 Social Security might not stretch far enough
🧯 Putting out fires before it’s too late
Retirement Tax Bill Calculator
https://thetaxbomb.com/
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
A little hope is good for the soul, but when it comes to retirement planning, wishful thinking can lead to serious financial mistakes. Today, we’re walking through 5 common examples of wishful thinking that can quietly damage your retirement and how you can build a plan that protects your future instead of relying on luck. From relying on outdated rules of thumb to underestimating healthcare costs, these are the “harmless” beliefs that can become costly mistakes if left unchecked.
Here’s some of what we discuss in this episode:
💸 Why “living off interest” no longer works
📉 The risk of retiring into a market downturn
📊 The myth of being in a lower tax bracket later in life
🏥 The hidden costs of long-term care
💰 Why your spending might not go down after all
Retirement Tax Bill Calculator
https://thetaxbomb.com/
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
When the headlines scream and markets tumble, your instinct might be to do something. But what should you actually do when the market drops? In this episode, Jude walks through 4 key things to consider when your portfolio takes a hit.
Here’s some of what we discuss in this episode:
🧠 Gut check: You may not be down as much as you think
⚖️ How diversification can help when the market takes a hit
🔁 Rebalancing & Roth conversions during downturns
💸 Why you should keep contributing
📵 Turn off the news and stop doomscrolling
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
Annuities are often misunderstood- some see them as a financial nightmare, while others consider them a key part of a well-rounded portfolio. So, what exactly are they? And can they offer any tax advantages?
Jude is here to break it all down- how annuities work, their tax implications, and when they might fit into a retirement strategy.
Here’s some of what we discuss in this episode:
0:00 – Intro
2:07 – What is an annuity?
3:40 – Types of annuities
6:19 – Advantages of annuities
8:34 – Disadvantages and fees
15:09 – When might an annuity be a good fit?
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
Peter Thiel, co-founder of PayPal and early investor in Facebook, reportedly grew his Roth IRA to a jaw-dropping $5 billion- completely tax-free. But how did he do it? And more importantly, can everyday investors use similar strategies to maximize their own retirement savings?
In this episode, Jude Wilson and Marc Killian break down the "Rocket Roth" strategy- an approach that goes beyond basic diversification to optimize where your investments are placed for maximum tax efficiency and growth.
Could your Roth IRA be working harder for you? Let’s discuss what it means to rocket your Roth!
Here's what we discuss in today's show:
1:21 – Peter Thiel’s backstory
2:35 – Asset location and diversification
4:41 – Reallocating assets for maximum growth
6:44 – Common mistakes and tax considerations
12:42 – What would you place in the “rocket Roth?”
Resources for this episode:
Tax Bomb Calculator: https://retirementtaxbill.com/?u=Z00xeHQrK3lieGhOMlYvdnlNSUIvQT09
Resources for this week's show: https://www.nbcnews.com/tech/tech-news/billionaire-investor-peter-thiel-has-5b-his-tax-free-retirement-n1272317
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
If you’ve spent years successfully managing your own investments, do you really need a financial advisor? That’s the question one of our listeners sent in after years of handling his portfolio solo. So, is working with an advisor just an extra expense, or could it actually add real value?
In this episode, we break down when and why even experienced investors might benefit from professional guidance and when they’re probably fine on their own.
Here’s what we discuss in this episode:
0:00 – Intro
1:45 – DIY investors
4:13 – Much more than investment advice
6:11 – Two client stories
7:56 – Relationships
10:06 – Life changes
13:08 – Showing our value
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
In this episode of The Roth Guy, Jude breaks down five crucial Roth conversion mistakes that could derail your retirement strategy. For example, many investors rush into conversions without considering the tax implications, often converting too much in a single year and inadvertently pushing themselves into a higher tax bracket. Jude explains how this mistake can trigger a "domino effect," leading to unexpected costs like increased Medicare premiums due to IRMAA surcharges.
We also discuss why paying conversion taxes from the wrong account can reduce long-term growth and how misunderstanding the five-year rule could result in penalties if funds are withdrawn too soon. Beyond these key mistakes, we’ll discuss the importance of having a well-planned tax strategy to make Roth conversions as effective as possible.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:53 – Converting too much in a year
4:14 – Impact on Medicare premiums
6:22 – Funding Roth conversions
7:47 – The five-year rule
8:47 – Having an overall tax strategy
Resources for this episode:
Tax management journey document
https://drive.google.com/file/d/1SlEkVuxijRceUcTnkzdqggs2_ATNrBrZ/view?usp=sharing
The Tax Bomb website
https://thetaxbomb.com/
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
Inflation has been a hot topic for years, and it's still a major concern as we move through 2025. While some reports suggest that inflation rates are decreasing, many consumers continue to feel the financial pinch. Because of this, inflation’s impact on retirement planning could be bigger than ever. In this episode, we’ll explore how to adjust your retirement strategy to stay ahead.
Here’s some of what we discuss in this episode:
0:00 – Intro
3:24 – The rate of inflation to account for
6:43 – Planning for inflation and market downturns
10:47 – Factoring in taxes when planning for retirement
Resources for this episode:
Check out the Bucket Plan & Tax Funnels Diagrams mentioned in today’s show:
https://centrusfs.com/resources/#downloads-resources
S&P 500 Average Returns and Historical Performance for the 2000s:
https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
Welcome to 2025! In this episode of The Roth Guy, Jude and Marc kick off the new year with an essential financial checklist to help you start the year on the right foot. They discuss strategies to stay proactive, avoid costly mistakes, and make the most of your financial planning opportunities.
With insights on everything from reviewing your investment portfolios to navigating the latest contribution limit updates, they’ll help you stay ahead of the curve.
Happy New Year!
Here’s some of what we discuss in this episode:
0:00 – Intro
1:03 – Recap of last year’s market performance
2:45 – Proactive financial planning for 2025
5:04 – Investment portfolios and tax efficiency
7:41 – New Year contribution limits and savings opportunities
10:10 – Balancing retirement contributions and tax deductions
12:10 – HSAs and their benefits
13:19 – Insurance and estate planning reviews
14:25 – Creating a financial action plan for 2025
Important Tax Numbers 2025 PDF
https://thetaxbomb.com/wp-content/uploads/2025/01/Important-Tax-Numbers-2025.pdf
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
Social Security is the backbone of retirement for millions of Americans, but big changes may be coming. In this episode, we dive into the recently released proposal to raise the full retirement age to 69 and what it means for your benefits, your future, and your financial security.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:52 – The proposed change and potential impacts
4:30 – The potential 40% reduction in benefits
6:32 – Proactive planning and the need for change
12:46 – Talking to a professional who understands Social Security
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
As the end of November approaches, it’s a great time to take a closer look at your financial plans and make any necessary tweaks to prepare for the year ahead. That’s why this week, Jude and Marc are sharing some financial items that you should be thinking about as the year winds down. Whether it’s reviewing your retirement contributions, exploring tax-saving strategies like QCDs, or tax-loss harvesting, let's make sure you're finishing the year on a high note.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:48 – The importance of tax loss harvesting
4:55 – Maximizing retirement contributions
8:23 – Optimizing tax brackets
10:29 – Charitable contributions and QCDs
12:41 – End of year savings and HSAs
16:02 – Bunching deductions
Get the "What Issues Should I Consider Before The End Of The Year?" Guide here:
https://drive.google.com/file/d/1-uGZpXb4KdavKB2JEjolQot5xYIdZ7EM/view?usp=sharing
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
We talk about the ticking tax time bomb a lot on this show regarding the national deficit. It’s a reality we are faced with, and while it sounds scary, there are action steps that you can take to minimize the impact of potential future tax increases on you.
In this episode, Jude and Marc explore how tax efficiency funnels can be utilized to optimize your financial strategy and mitigate the risks associated with these rising taxes. Jude breaks down the three tax funnels- the pre-tax funnel, the post-tax funnel, and the tax-advantaged funnel- and discusses the benefits and drawbacks of each.
With the Tax Cut and Jobs Act set to expire in 2025, the window for taking advantage of current low tax rates may be closing. It’s important to strategize now and prepare for the potential changes ahead.
Here’s some of what we discuss in this episode:
0:00 – Intro
5:06 – The pre-tax funnel
7:05 – The post-tax funnel
8:37 – The tax-advantaged funnel
9:01 – Real-world example
13:24 – Potential expiry of the Tax Cut and Jobs Act
15:17 – Action steps you can take
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
We’re thrilled to be back with former U.S. Comptroller General David Walker for today’s show. With decades of experience serving under both Republican and Democratic administrations, Walker is here to share his expert insights on America's fiscal health.
Last episode, we focused on the U.S. national debt, fiscal responsibility, and the challenges posed by excessive government spending. Today, we’re covering some strategies that you can take to help protect yourself from potential economic challenges. Listen in as we talk about the importance of personal financial responsibility, including being debt-free, diversifying income streams, and planning for the long-term. We also discuss the critical role of leadership in addressing the national debt crisis.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:41 – What David learned on his bus tour
2:28 – What we can do + what David wants to see from government leadership
7:28 – Looking at your finances holistically
10:19 – David’s thoughts on recent Fed rate cuts
17:37 – Wrap up
More about David:
https://dbb.defense.gov/Board-Members/Board-Members-Bio-view/Article/3160065/
America in 2040:
https://americain2040.com/
Get your free copy of David’s new book: America in 2024 (while supplies last)
Text 941-269-2499
David’s Books:
America in 2024: Still A Superpower? A Pathway to Success
https://www.amazon.com/America-2040-Superpower-Pathway-Success/dp/1665500824
Comeback America: Turning the Country Around and Restoring Fiscal Responsibility
https://www.amazon.com/Comeback-America-Turning-Restoring-Responsibility/dp/0812980727
David on X
https://x.com/davidmwalker7
The Tax Bomb
https://thetaxbomb.com/
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
In this episode of The Roth Guy, we’re excited to welcome a very special guest, former U.S. Comptroller General David Walker. With decades of experience serving under both Republican and Democratic administrations, Walker is here to share his expert insights on America's fiscal health.
From the staggering national debt to the hidden tax of inflation, Walker breaks down complex economic issues in a way that's easy to understand and paints a sobering picture of what the future could look like if current trends continue. He warns that without significant changes, the US could face slower economic growth, increased taxation, and even the potential loss of the U.S. dollar as the world's reserve currency.
What can we do in light of this outlook? Join us for part 2, where we’ll explore actionable steps you can take to prepare for whatever lies ahead.
Here’s some of what we discuss in this episode:
0:00 – Intro
2:38 – Current fiscal condition of the US
8:49 – The impact of fiscal imbalance on Americans
14:53 – Future financial challenges + stewardship
More about David:
https://dbb.defense.gov/Board-Members/Board-Members-Bio-view/Article/3160065/
David’s Books:
America in 2024: Still A Superpower? A Pathway to Success
https://www.amazon.com/America-2040-Superpower-Pathway-Success/dp/1665500824
Comeback America: Turning the Country Around and Restoring Fiscal Responsibility
https://www.amazon.com/Comeback-America-Turning-Restoring-Responsibility/dp/0812980727
David on X
https://x.com/davidmwalker7
The Tax Bomb
https://thetaxbomb.com/
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
We've all heard about the national debt and deficit, but how do they actually impact your retirement plans? In this episode, Jude clarifies these often-confused terms and explores the challenges posed by the growing national debt. He also discusses how these factors influence inflation and your savings strategy as you approach retirement.
Tune in as Jude and Marc talk about potential solutions and strategies and share some practical advice for managing your retirement accounts tax efficiently.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:19 – National deficit vs national debt
5:40 – Historical context and current spending
8:47 – Inflation and its impact on retirement
10:45 – Maximizing retirement savings
15:26 – Being savvy with your money
Resources for this episode:
U.S. Debt Clock
https://www.usdebtclock.org/
Should I Contribute To my Roth IRA Vs Traditional IRA Flow Chart
https://drive.google.com/file/d/1nhrQKyai9HKtb3oTYWXZ-xVzHOtHWZMk/view?usp=sharing
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
Join us for this episode of “The Roth Guy” as we cover the fundamentals of Roth IRAs. We'll start with the basics: What exactly is a Roth IRA? Jude breaks down the essential components, including the differences between traditional IRAs and Roth IRAs, and why it's crucial to consider tax diversification in your retirement strategy. He’ll also cover important topics such as contribution limits and eligibility for 2024, as well as the differences between Roth contributions and conversions.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:52 – The basics of Roth IRAs and tax diversification
5:55 – Contribution limits in 2024 + finding balance
10:49 – Roth contributions vs conversions
14:03 – Roth conversions and Medicare premiums
Check out the Tax Efficient Funnels pdf HERE
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
Welcome to this inaugural episode of The Roth Guy with Jude Wilson! We’re so excited to bring you this new show on YouTube and your favorite podcasting platforms. Join us as we take a look into the world of finance, retirement planning, tax planning, and more!
Just like any great superhero movie, your financial journey has its challenges- taxes, inflation, market risks- but with the right guidance, you can become the hero of your own financial story. In this first episode, you'll meet your guide, Jude Wilson, and get a preview of what’s to come in future episodes.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:12 – What to expect from The Roth Guy
3:13 – The impact of tax policies
5:15 – Upcoming financial education
6:33 – Roth conversions
Connect:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/
We’re excited to announce our new podcast launching in the upcoming weeks! Join us as we discuss the impending expiration of the Tax Cuts and Jobs Act, potential future tax increases, and the importance of tax diversification in this episode. We introduce "The Roth Guy" and explore how proactive planning can help you achieve a tax-smart retirement.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Psychologists have determined that retirement is one of the most stressful events that some people will experience in life. In this episode, we’ll look at the ways to proactively deal with the stress surrounding the retirement process.
Holmes and Rahe Stress Scale Study
https://www.simplypsychology.org/srrs.html
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Just like an annual checkup is important for maintaining good health, performing regular financial checkups is an essential part of planning for a healthy and successful retirement. By regularly assessing your budget, goals, and progress, you can make informed decisions to keep your finances on track. Although financial wellness is going to look different for everyone, we’ll share some areas you should be paying attention to in today’s episode.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
With the Tax Cut and Jobs Act set to expire at the end of 2025 and the national debt skyrocketing, the tax time bomb is ticking. It's more important than ever to prepare for the inevitable tax increases that could significantly impact your financial plans. Join Jude and Marc as they discuss the importance of proactive tax planning and share more about the Ticking Tax Time Bomb webinar coming up at the end of February.
To sign up for the upcoming webinar and take control of your financial future, visit centrusfs.com or call 800-779-4592, and don't forget to check out thetaxbomb.com, for additional valuable resources.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
This episode might be a bit counterintuitive. We’re going to question the real impact of common financial habits. Are the strategies you consider beneficial actually working in your favor? We explore the pros and cons of practices like ignoring account statements and strict budgeting. Join us for a practical discussion, as we uncover the unexpected effects of everyday money decisions. Are your good money habits holding you back?
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Join us for a thoughtful episode on end of year financial planning for 2023. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come. Listen in as we discuss essential topics like managing RMDs, exploring tax-saving opportunities, and more. We'll also chat about 2 Centrus guides designed to help you plan for a prosperous new year!
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
This is part two of our discussion with Merrell Bailey, a seasoned estate attorney, CPA, and MBA. In this half of the conversation, she will share estate planning wisdom for singles who don’t plan on getting married. Merrell also highlights the importance of proactively planning for your estate by documenting your assets and stating preferences for inheritances and medical care decisions. Listen in to learn how to secure your estate and plan for a comfortable and stress-free retirement!
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We're very excited to be back with Merrell Bailey, a seasoned estate attorney, CPA, and MBA. Merrell joined us on the podcast earlier this year, and is here to share more of her estate planning wisdom with us today. Listen in as she debunks the misconception that estate planning is only for the ultra-wealthy and explores some of the unique parts of the process, like planning for your pet's welfare in the event that something happens to you. We also touch on the importance of managing your digital legacy in the age of social media and online assets, offering insights and actionable advice for ensuring your loved ones can access your digital life when you're no longer around.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? Dive deep in this episode, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. This is part 1 of a 2-part series.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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. In this episode, we cover topics ranging from poor expense planning to outdated beneficiary designations and family conflict triggers. We also shed light on some misconceptions about transferring real estate and explain the impact of tax implications on your estate. If you want to leave a legacy without regret or legal turmoil, this episode is a great starting point.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
In this episode, we delve into the complex and often emotionally charged process of changing financial advisors. We'll discuss the telltale signs that it's time to consider a switch, the questions to ask your current advisor, and what to look for in a new one. Join us as we demystify the transition process and equip you with the knowledge you need to make informed decisions about who is best suited to guide your financial future.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We are excited to be back with Merrell Bailey, a seasoned estate attorney, CPA, and MBA, for part two of our conversation. In this episode, Merrell discusses the importance of an umbrella policy for asset protection, proper account titling, and the four ways assets transfer after death. Discover when to seek professional help, like a durable power of attorney, and scenarios where a qualified estate attorney's guidance is invaluable. Listen in as she stresses early planning and the benefits of seeking expert advice for a secure retirement.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Today we are thrilled to be joined by Merrel Bailey, a seasoned estate attorney, CPA, and MBA, who sheds light on the importance of estate planning and asset protection for everyone, not just the wealthy. In part one of this two-part series, she highlights the importance of having your legal documents in place from early adulthood and talks about the role of asset titling in financial planning. She also discusses the role of an umbrella policy, the nuances of a healthcare surrogate, and the importance of a living will.
This episode is a must-listen for anyone looking to deepen their understanding of estate planning and asset protection!
In this week's episode, we're taking a look at a recent study conducted by an expert at MIT that focuses on longevity planning. Our discussion will revolve around the evolving landscape of retirement planning, influenced by longer life spans, and highlight three crucial questions you should contemplate when it comes to retirement planning. Join us and see why having access to simple pleasures, building a strong social network, and considering the hidden costs of maintenance are so important.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We are so excited to have Lee Pancake join us on the show today. Lee is the General Manager at Tim's Wine Market and he also teaches wine courses at Slate Wine & Spirits Academy. We love to host fun and educational events for our clients, so we thought it would be fun to invite him to the show this week to help us learn a little more about wine pairings and tastings.
About Lee:
Lee got his start in the wine industry in 2011 as a stock clerk at his uncle’s locally-owned wine market in Orlando. At the time, he was still attending UCF for business management and entrepreneurship while trying to figure out what he wanted to do after university. As time passed, Lee was bitten hard by the “wine bug” and developed an insatiable thirst for wine knowledge. Through books provided to him by his uncle, Lee developed an impressive base of knowledge on the subject.
In 2017 Lee began his journey through the WSET after meeting local Master of Wine, Jean Reilly. He quickly rose through the ranks under her guidance and later that year began teaching under Jean, fulfilling his dream of educating others on the subject he had become so passionate about. After four years of honing his skills in front of a classroom, Lee became the Director of Education and Owner of Slate Wine & Spirits Academy making him one of the youngest individuals ever to become an Approved Program Provider and Nominated Educator for WSET.
Lee divides his time between working with his uncle in their family-owned wine market and teaching WSET courses through Slate Wine & Spirits Academy. When he’s not teaching, Lee produces music and spends time hiking the globe with his beautiful wife, Madison.
Get in touch with Lee:
Email: lee@timswine.com
LinkedIn: https://www.linkedin.com/in/leepancake/ Website: https://timswine.com
Facebook: https://www.facebook.com/timswinemarketorlando Instagram: https://www.instagram.com/timswinemarket/
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Are you ready to take control of your finances during life's most pivotal moments? In this episode, we dive into the complex world of financial decision-making during key life events. Whether you're experiencing the excitement of marriage or the joy of welcoming a new child or facing the challenges of divorce or the loss of a loved one, we'll provide practical tips and guidance to help you make informed decisions and maintain financial stability.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We are excited to be back with Regine Bonneau in this episode. Regine is the Founder and CEO of RB Advisory. Her company specializes in cyber security protection, risk management, and compliance. In the previous episode, we discussed cybersecurity threats, so today we will explore potential solutions to these problems.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Today we welcome Regine Bonneau to the show. Regine is the Founder and CEO of RB Advisory. Her company specializes in cyber security protection, risk management, and compliance. It's important to be informed on cyber security to protect yourself from potential risks. We will be talking to Regine about the threats she sees in cyber security and how she got started in this business.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Are you aware that not all retirement accounts are created equal? It's crucial to understand the purpose and advantages of each type of account to make the best choice for your future. In this episode, we'll delve into the different types of retirement accounts, including 401(k)s, IRAs, Roths, and several other examples. We’ll help you weigh the pros and cons of each and give you insights into the purposes they serve so that you can make an informed decision. Join us and discover why understanding the purpose of these accounts is essential for securing a comfortable retirement.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Are you preparing for retirement but feeling confident that you have covered all the expenses? Well, think again... It turns out that many retirees overlook some crucial expenses that can leave them financially vulnerable. In this episode, we explore the retirement expenses that most people tend to forget, including skyrocketing medical bills, unexpected travel costs, taxes, and much more. We'll discuss practical tips and strategies to help you plan for these expenses and ensure a secure and comfortable retirement.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We took an informal poll of listeners to find out what their biggest financial fears are. On this episode, we’ll explore the most common fears and talk about how they should be addressed in a retirement plan.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
After being discussed in Congress for nearly a year and a half, the SECURE Act 2.0 passed in January. Listen to today’s episode to see what you need to know and learn four ways the new changes might impact you.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
With every new year, many of us spend some time setting new goals, benchmarks, and desired milestones to achieve in the months ahead. On today’s show, we’ll explore some of our personal and professional goals for 2023 and explore what might be some worthwhile goals for you to add to your list.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Sometimes you need to find a new financial advisor. Other times, you might think you need a new advisor, but really, you’re just guilty of thinking that the grass is greener on the other side. Let’s discuss some common scenarios and whether they’re legitimate reasons for leaving your advisor.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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. In football, the red zone is the last twenty yards before you get to the end zone. Mistakes are costly and it’s important that you make the right decisions… In retirement planning, the red zone is the last 5-10 years before you retire. And guess what? Mistakes are costly and it’s important that you make the right decisions.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
On this week's episode, Jude will hand off his cohosting duties to Vikki Weaver. Vikki serves as the Director of Financial Planning at Centrus Financial Strategies. In her role, she coordinates with the team to create and maintain clients’ financial plans. We invite Kurt Alter to join us once again to discuss why you might want to hire a tax professional and the positive impact this relationship can have on your financial life.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Kurt Alter serves as a Tax Principal at Rehmann. His experience is diverse and suitable to a variety of business and individual tax, accounting, and consulting needs. Jude and Kurt will discuss how Rehmann creates an individualized client experience and why this is crucial when putting together a plan.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these decisions are so important and can’t be undone.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We have a special guest on the show today, Glenn Dorsey. Glenn serves as the Senior Vice President and Head of Client Portfolio Management for Clark Capital Management Group. He is responsible for portfolio construction and the clear communication of investment strategy to advisors and their clients. Jude and Glenn will discuss the current state of the economy and some of the big issues we are seeing right now.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We will be finishing up our conversation on some of the major debates for pre retirees and retirees. Tune in for part 2 of our discussion.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We are kicking off a two part series discussing some of the major debates for pre retirees and retirees. Tune in for part 1 of this conversation.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
A recent Yahoo! Finance article explored the idea of retiring early at the age of 55 to see if it was feasible. We’ll break down some of the issues facing folks who want to retire early on this episode, but for some additional fun let’s look at the comment section to see what questions and advice the peanut gallery has for us to consider.
Yahoo Article: Can You Retire at Age 55? Let's Run the Numbers (yahoo.com)
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
There are plenty of external factors that often negatively influence our chances of having a successful retirement. But often, failure comes from within. On this episode, we’ll talk about some of the common ways people get in their own way when it comes to financial planning.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Sure, life insurance is one of the more boring topics to cover on a podcast. And a lot of what you hear is going to warn you why you should NOT get various types of life insurance. But our goal on this episode is to focus on the positive and analyze the reasons why you should get life insurance, or at least consider it. Many people think that once the kids are out of the house, you don’t need insurance anymore. But there are some other reasons why life insurance can be a useful part of your retirement plan.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We all know some of the basic secrets of eating healthier to lose weight, limit disease, and live longer. Avoid empty calories, try to limit your added sugar, and lower those pesky trans fats are just some examples. But how can we spot similar unhealthy habits in the financial world? We’ll talk about it on this episode and help you fix some of your unhealthy financial habits.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Most people, when trying to plan their retirement, have to guess about the answers to some important questions. Let’s talk about some of those questions and why you need to have a better answer than just a guess
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
This USA Today article points out 3 murky issues that increase retirement planning’s degree of difficulty, especially in today’s economic climate. On this episode, we’ll break down the article to see if it’s worthwhile advice if the murky issues are actually that threatening, and what you can do about all of it if you’re concerned.
USA Today Article: https://www.usatoday.com/story/money/personalfinance/retirement/2022/02/28/retirement-3-issues-making-planning-harder/49859935/
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Some people feel that they’ll save money by handling their investments themselves instead of working with an advisor. Others may like the challenge of doing it themselves. Still others just don’t know who to trust so they end up not working with anyone. Let’s talk about some reasons that you might need an advisor.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
If you have kids, often they come up in the discussion when you’re talking about your retirement plans. Let’s talk about some of the ways those discussions play out, the role your advisor should play in navigating these conversations, and the overall impact on you and your family’s financial goals.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Time for a little fun on this episode. We’ll use some fill in the blank prompts to spark good discussion about relationships between advisors and their clients, the stock market, common planning mistakes, and much more.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We answer emails and some getting to know questions with Jude as this year winds down.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Maybe you’re close to retirement and think you don’t have nearly enough money saved. Let’s talk about some reasons that the news might not be as bad as you think.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We see a lot of people who aren’t getting the kind of advice and service from their financial advisor that they should be. In a lot of cases, the advisor is only “managing the investments,” but not providing guidance in other areas. Let’s talk about some of the things that your advisor should be doing.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Different types of accounts have different tax consequences. Let’s talk about those advantages and disadvantages in different types of accounts and how you can use them (or not) in retirement planning.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Have you heard someone say they’re risk averse? Do you know what it really means in the context of the financial world? We’ll explore this important buzzword on today’s show and explain why it’s so important to have a good grip on just how risk averse you are.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Getting husbands and wives on the same page with their retirement plan can often be a challenge. Let’s talk about some of the things that couples often mess up.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Even if you have a solid financial plan in place, things can quickly get out of tune if you don’t make adjustments from time to time. Let’s talk about some of the areas where we often see people get out of tune in their financial plan.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
If you’ve ever ridden the subway in London, you’ve probably seen the “Mind the Gap” signs warning you to be aware of the gap between the train door and the station platform. Let’s talk today about minding the gaps in retirement planning.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
If you’re of the age that your mom and dad retired 20 or 30 years ago, the world was a much different place when they walked away from their paychecks. Let’s talk about how things are different now.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Fire extinguishers, airbags in your car, and smoke alarms in your house are all examples of things in life that don’t really seem to matter until they’re the only thing that matters. On that rare occasion when you need one of those items, you’ll either be very glad that you have one, or really regretting the fact that you don’t.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
So much focus in the financial world revolves around accumulating money. There’s all sorts of advice, howto guides and guardrails in place when it comes to saving and investing, but a lot less resources out there to help retirees navigate the period of time after retirement. This is known as decumulation, the spending down and managing of the assets you’ve accumulated through your life. And on this episode, we’ll point at (at least) 5 things you must know about decumulation to retire successfully.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
The United States has taken on a lot of debt and this number has only skyrocketed since the Coronavirus pandemic. There was a lot of spending to keep the economy afloat, but this makes the tax conversation more important than ever. Jude talks to us about some of the proposals that might become a reality in the future and share how he has been able to help some of his clients with taxes.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Ironically, life insurance is a young man’s game. The perception among many people is that your need for life insurance dramatically decreases and perhaps becomes completely unnecessary as you age. Is that really the case? On this episode, let’s explore some ins and outs of life insurance and its various uses.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Let’s talk about some of the areas of your financial life where you might be flirtin’ with disaster and don’t even know it…
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
"The Family Letter" author Debi Ronca joins the show this week to talk about her book and her job as a life coach.
The Family Letter: https://debironca.com/product/the-family-letter/
Contact:
Website: https://centrusfs.com/podcast/
Call: 888-534-9994
Are pension plans truly disappearing across the country? Let’s take a look at the status of pension plans in America and how changes in that space impact you when planning for retirement.
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Website: https://centrusfs.com/podcast/
Call: 888-534-9994
A recent survey found that nearly half of the female respondents said they defer major financial and investment decisions to their spouses. On this episode, let’s go over some tips for how women can get back in the game when it comes to involvement in the process of making financial decisions whether married, divorced or single.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Business owners are particularly vulnerable to some misconceptions and false assumptions about their retirement. Let’s address a few of these issues.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Jude and Mike take the time to answer a number of questions from listeners about their finances, as well as planning for the future.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
If you don’t know the answer to the question, then this episode is for you. On this episode, we’ll explore the three qualities of money, discuss whether you can achieve them in a single investment, and how to put the right emphasis on the different qualities.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
This is the second part of our conversation with Ron Price. Last episode we discussed how to avoid conflict, but what should you do when you're in the midst of an ongoing disagreement? Ron gives us some tips on how to navigate this tricky landscape and will also provide a few examples.
Important Links:
Get Ron Price's PDF: https://ronprice.mykajabi.com/freepdf-protect-your-relationships
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Today we welcome in speaker and author Ron Price. Ron is known for writing the book series "How To Play Nice In Your Sandbox." Since this year has been a tumultuous time in our everyday lives and in politics, we invited Ron to discuss how to avoid conflict with family this holiday season. Be sure to look out for the second part to this series where Ron will discuss navigating and resolving conflict that is already occurring.
Important Links:
Get Ron Price's PDF: https://ronprice.mykajabi.com/freepdf-protect-your-relationships
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
People often overlook the estate planning side of preparing for retirement. There are a lot of misunderstandings about trusts and wills and the roles they play in the equation. On this episode, we’ll explore some of the critical questions you should ask about these strategies as you prepare for retirement.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We’re talking specifically to Baby Boomers on this episode. What are the most common challenges, fears and objectives of this generation? What are some of the mistakes Boomers often make and how can they be avoided?
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
This week we catch up on some emails sent into the podcast over the past few weeks. So let's dive in and tackle some questions from folks just like you.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Just like any decision in life, making financial choices would be a lot easier with the benefit of hindsight. Let’s talk about some of the things we might hear from people who wish they’d done things differently after looking in the rear view mirror.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
On part 1 of this series, we discussed what the ticking tax bomb is and the havoc it can cause. Today, we will discuss proactive strategies and examples.
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5 Tips To Avoid The Ticking Tax Time Bomb PDF
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Director of Advanced Planning at Buckingham Wealth Partners joins us for a two part series on taxes and the ticking tax time bomb that looms in the distance.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
This week Dr. Neecie joins us on the podcast. She is currently the president of Life Coaching Institute and she also holds a Doctorate of Psychology from the University of Texas. It can be easy to be generous when the market is thriving, but we need to be generous during rough times like these as well. Today we discuss how generosity and prosperity are linked and some of the positive side effects of generosity.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Dr. Neecie's Website: https://drneecie.com/
So, we’ve all experienced what a market crash feels like in recent memory. If you had forgotten what it felt like in 2008, then 2020 should have been a sobering reminder of what it’s like to experience that sudden market drop. However, we can do follow some basic rules to ensure we don’t lose our shirts next time the arrow on the graph tumbles down.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
This is part 2 of our conversation with Dr. Kathleen Rehl. On today's show we discuss the three phases that widows experience: grief, growth, and grace. We break these phases down not only in the emotional aspect, but also how it ties into finances as well.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Dr. Kathleen Rehl is a leading authority on widows and their financial issues. A widow herself, she's passionate about inspiring other widows and their advisors.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
If you really took inventory of your financial situation, you might find that you’ve been taking for granted some assets that make up a huge piece of your puzzle. Is it possible you should be putting a little more thought into some of these assets?
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We were planning to bring up this conversation before the Coronavirus pandemic hit, but now it's more important than ever to discuss. You likely seek financial advice from lots of difference sources. Some of those sources will certainly have good intentions, but they’ll often give bad financial advice. Let’s look at some examples and explore the reasons why we have to be very careful from whom we’re taking this important guidance.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
In wake of the financial impacts COVID-19 has had on the economy, Congress just passed a bill called the CARES Act. We talk about some of the things retirees and pre-retirees may need to know about the CARES Act as well as offer a free download to read through on our topic.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
OK, so there might not be such a thing as a “bad financial product”, but there are certainly inappropriate investments out there for people in certain situations. We’ll explore some examples of those kinds of situations on this episode and you might be surprised just how common it is for people to be invested in products that are ill-suited for their financial goals.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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...
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Of course, we all want a healthy bank account. Having a good amount of dollars within easy grasp is helpful in the case of emergencies or for medium-sized purchases where you don’t want to have to liquidate assets. But is it counterproductive to have too much cash on hand? We’ll explore that idea and other pressing questions about the role that cash plays in financial and retirement planning.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We discuss the limit increases to 401ks and IRA as well as answer questions from listeners here in the Orlando and Bradenton area.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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.”
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
On today's episode, we answer some of our listeners questions that have come in from the month of December.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Myths, rumors, and misunderstandings are pervasive in the world of Social Security. On this show, we’ll look to clear up the top 5 misunderstandings about Social Security.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Not everything goes smoothly in your financial life. We’ll look at some negative circumstances that many retirees and pre-retirees face and help you find the silver lining in the midst of tough situations.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We continue our conversation from last time with Jason Smith. Today we look at how the bucket plan would hold up in an event like the 2008 market crash and when you should think about refilling your buckets.
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Forbes Article: https://www.forbes.com/sites/advisor/2014/04/24/why-the-average-investors-investment-return-is-so-low/#2cf1802b111a
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
On today's podcast, we are joined by Jason Smith who is the chairman of Prosperity Capital and author of The Bucket Plan. We discuss how Jason got started with the bucket plan concept and his ideologies surrounding this type of planning.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
On this week's podcast, we sit down with well-known financial author and speaker, Tom Hegna. Tom discusses his book Paychecks & Playchecks and different methods that can generate a lifetime income stream.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
We dedicate this week's podcast to questions from our listeners that we have received from our website.
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Website: https://centrusfs.com/podcast/
Call: 800-779-4592
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.
Contact:
Website: https://centrusfs.com/podcast/
Call: 800-779-4592
Some people (in fact, probably most people) find it easy to procrastinate when it comes to financial planning issues. But let’s talk about some scenarios that might cause people to have a bit more sense of urgency...
Contact:
Website: https://centrusfs.com/podcast/
Call: 888-534-9994
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)
This topic is simple. Things related to your money, finances, and retirement that should get way more attention and excitement. Let’s give them the love they deserve on this episode.
Sometimes things get pushed or catch a lot of buzz in the financial landscape and they just aren’t all they’re cracked up to be. Let’s explore some of the things that might be sold to you as the greatest thing since sliced bread, but in reality it’s probably way too much focus and attention being paid to them.
This week, we'll continue our earlier discussions about the oncoming tax train that is headed our way. Let the Roth Guy help get you prepped so you can have peace of mind about how taxes will affect your retirement future.
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...
Jude, "The Roth Guy", helps us look at the tax benefits of Roth accounts this week. We'll also have a more in-depth discussion about the three "buckets" that make up Jude and Mike's Bucket Plan strategy for structuring their clients' financial plans.
We'll start off things off this week by discussing the effects of the tax code changes on people's tax returns this year. Then we'll dive into the mailbag and answer questions on retirement tax brackets, rolling over a 401(k), book recommendations, and more.
This week we discuss the oncoming tax train and things to consider when choosing to prepare for the potential tax increases.
When it comes to financial planning, everybody has some kind of pain point. Those pain points are different for each person, but everyone has something that bothers them. Mike and Jude tell us about some times where they've helped clients through these frustrating areas.
We discuss the debut of The Roth Guy and talk about some of the finer points of using a Roth as part of your retirement strategy.
The guys share their thoughts on when a few tweaks to your retirement plan might not be enough and maybe a complete overhaul is needed.
Let’s talk about some of the details that people often fail to consider when they’re planning their retirement.
Not everything in financial planning is black and white. In fact, most things aren’t black and white—there’s usually a lot of gray area. Let’s identify some of the issues that usually require a nuanced discussion.
Jude and Mike take on various email questions from around the Orlando area. They'll discuss the pros and cons of paying off the house versus continuing to take a tax deduction, as well as what to do if you've maxed out your 401(k) contributions. And finally, you'll hear about some of Jude and Mike's favorite books on retirement and financial planning.
Any advisor worth his or her salt is going to have a conversation with you about risk. But what in the world is “risk tolerance”? It’s a buzzword that gets used a lot in meetings with financial advisors, but we’ve found that a lot of people don’t have a great understanding of how their risk tolerance truly impacts their financial and retirement plans. Let’s fix that and give you the 411 on risk tolerance.
We often talk on the podcasts about what it’s like to become a client. But what about after a month? A year? Let’s talk about what the short and long-term relationships should look like between an investor and a financial advisor.
On this episode we take questions from listeners all over Florida. We'll discuss safe investing versus growth, identifying fiduciary advisors, and more.
Believe it or not, financial planning isn’t all about math and logic. There are times when it’s important to factor in how you feel about certain things. Let’s cover some of the times where it’s OK to let your emotions and feelings enter the financial equation
Depending on who you ask, you could get very different answers to some of retirement planning’s most important questions. Let’s see where our opinions all stand on issues like insurance, mutual funds and annuities. And we’ll try to answer why there are so many different opinions on these concepts.
An early retirement sounds fantastic to most people. Who wouldn’t want to kick off the extra travel, less stress and more freedom that retirement can often bring a little earlier than planned? However, a lot of people don’t realize the additional complications presented when you retire early. Let’s tackle what early retirement means for most people and how you can put together a realistic plan to execute it if it’s the right decision for you.
There’s a lot more to retirement planning than just picking investments. Is your advisor helping you navigate all the other essential areas?
Creating a customized retirement plan for any individual can mean addressing some unique challenges. With each of these scenarios, let’s discuss the challenges presented, as well as the solutions that Jude and Mike can implement.
We've got a collection of questions for our very first mailbag episode. Barry wants to know how to deal with future nursing home costs. Shayla would like to know how the recent tax code changes could affect financial planning. Finally, Steve asks if it's short-sighted to only have an interest in saving money you already have.
In retirement planning, there are many things that are completely out of your control. Fortunately, the things that you can control allow you to deal with those things you can’t.