Patrick Speaks: Recent Episodes
Patrick Sandner
- Why tax qualification and tax diversification matters when looking to retire
- The often forgotten business partner in retirement
- The 5 areas of planning that we believe are important to a successful retirement
- Do you AND your spouse have a budget that details all of your income and expenses?
- How will these change upon the passing of your spouse?
- Are all of your legal documents up to date?
- When does life insurance make sense to consider?
- How can you qualify for state or federal assistance with any care needed?
- What about gifting?
- How does the death of a spouse who owned a business play into these considerations?
HERE ARE SOME OF THOSE CONSIDERATIONS SHARED:
- What is the opportunity cost of paying off the loan early?
- When does it make sense to refinance instead?
- How could this potentially impact any future insurance claims?
- What are your ingredients for retirement?
- Ways your recipe can change the world
- Creating goals to help accomplish your dreams
- The Age of Reason
- When does your infant need legal rights?
- When the tables turn and child becomes the parent.
- What is a Tariff?
- How does the trade war effect Wall Street?
- How to protect your investments when a decrease occurs in the market
- Difference between a CPA and an EA?
- Which path of preparation is best for your wallet?
- Should you think about taxes all year or just at tax time?
- How to integrate losses into your new found life
- Planning for Retirement: your funds and your fun
- Mastering the art of dreaming again
- Putting up our own walls and breaking down barriers
- How to tune into your thoughts, feelings and actions
When he was young, Patrick's family bought a microwave and took a class on how to use it. He shares what he learned as we approach Thanksgiving.
- Leading & Trailing Indicators
- Market Timing
- Tactical, Strategic and Buy & Hold Concepts
- The importance of creating a retirement plan with a professional.
- Why do people fail at planning for retirement?
- How much should you be saving and how do you start if you haven’t already?
- Who needs them?
- What are the benefits?
- Things to decide when creating a will:
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- Choose your Beneficiaries
- Name an Executor
- Name a Financial Power of Attorney
- Name a Health Care Power of Attorney
4 Types of Annuities
- Variable
- Fixed Index
- Traditional Fixed
- Immediate
Annuities are insurance products that may be subject to restrictions, surrender charges, holding periods, or early withdrawal fees which vary by carrier. Riders are generally optional and have an additional associated cost. Annuity guarantees and protections are backed by the financial strength and claims paying ability of the issuing insurer. Annuities are not a deposit of nor are they insured by any bank, the FDIC, NCUA, or by any federal government agency.
The interest credited on your contract may be affected by the performance of an external index. However, your contract does not directly participate in the index or any equity or fixed interest investments. You are not buying shares in an index. The index value does not include the dividends paid on any equity investments underlying any equity index or any interest paid on any fixed income investments underlying any bond index. These dividends and interest are not reflected in the interest credited to your contract.
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Are you approaching the crossroads of retirement?
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There is still hope if you are near retirement without a nest egg
- Is there a need for your nest egg to continue to grow?
- Can your portfolio stand the test of time?
Patrick speaks about three key lessons to help students start college off on the right financial foot:
Lesson 1- Build a Budget
Lesson 2- Be careful with Credit
Lesson 3- Read the Loan Fine Print
- Electronic help & tips
- Legal documents in place with the right people
- Friends & neighbors local to you
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Why you should always have a plan
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Expect the unexpected & Delays!
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Why I’m glad to live in the USA
- HEALTH: Staying independent, Independent Living, Assisted Living and Nursing/Home Care
- WEALTH: Not running out of money before you run out of time
- CARE: Legal documents needed: POA, Healthcare Surrogate, Trust vs Will
Patrick speaks about five things you need to do when disaster strikes:
- Examine your Insurance Policies
- Build a Healthy Emergency Fund
- Keep Cash on Hand
- Take Financial Inventory
- Evaluate your Recovery Options
Patrick shares with us two conversations he had recently with people who were misinformed about the Qualified Retirement Plans they had through work.
Patrick talks about how it could be important to review and participate in a plan offered at work.
Patrick addresses the two most commonly asked questions he gets from his clients about social security.