The Exencial Spend Life Wisely Podcast: Recent Episodes
Dave and Sam
The Exencial Wealth Advisors Spend Life Wisely Podcast with Dave and Sam overviews simple finance tips from advisors with industry experience dealing with retirees, retirement planning, and common planning issues that individuals may face on the road to retirement. They discuss various topics and answer questions on different retirement strategies and ways to maximize retirement savings, minimize debt, and best tax reduction strategies. Exencial Wealth focuses on planning strategies based on data, preparing for a successful outcome instead of leaving wealth accumulation and retirement to chance.
Did you know you may be able to take out money from your 401k/IRA before 59 1/2? Today Dave and Sam discuss some ways to use your retirement accounts as a last resort for funding some of the curve balls life throws at you.
Are you nearing retirement and feeling overwhelmed by all the planning that needs to be done? Tune in to this episode as Dave and Sam dive deep into the crucial period leading up to retirement. Get expert advice on the essential items that should be on your checklist to ensure a smooth transition into retirement. Don't miss out on this insightful discussion that will leave you feeling confident and ready to retire with peace of mind.
This week Dave and Sam focus on a topic that many folks nearing retirement will face, how to catch up on retirement savings. The good news is that you can start today! The team discusses ways to cut costs and increase income now and in later years to allow for more savings and investing for retirement.
In this 2023 New Year episode, Dave and Sam discuss tax savings and financial planning tips for the new year. New year’s resolutions, budgeting goals, and ensuring you are getting the most out of your money as we come into tax prep season are key factors to being financially successful for the new year.
Today Dave and Sam discuss the benefits, tax, and investment related to having an HSA. Could setting up an HSA for healthcare expenses down the road be right for you?
529s can be great ways to save and grow funds for a child’s educational needs down the road. Today, Dave and Sam talk about the ins and outs of these types of education investment accounts.
In this week’s episode, Dave and Sam explore ways to help improve your budget and the best ways to pay down your debt. Having a budget is the first step to knowing where your money is going!
This week we discuss financing options and their relationship to cash flow and the impact on your retirement. Dave and Sam break down an easy strategy to help your money work for you while at the same time maximizing ways to handle debt.
What options do you have and how can you utilize that old 401k from the job you worked at 10 years ago? This week Dave and Sam highlight what you could be doing to improve your investment options and incorporate that old 401k into a financial plan.
Have you ever wondered what the difference between a Traditional 401k and a Roth 401k is? Today Dave and Sam go through the ins and outs of how these two types of investment accounts can be used and when they are appropriate.
In this week’s episode, Sam and Dave explore the benefits of having a company-sponsored retirement plan and if that is enough to retire on. They also discussed what individuals could do outside of that plan to improve the odds of having a potentially more successful retirement plan.
Dave and Sam discuss different retirement options for individuals that work for companies that offer Pensions. People typically have a few options, but understanding them to make an educated decision is the most critical first step.
In today's episode, Dave and Sam review a very common form of executive compensation, Deferred Compensation. Points of discussion include benefits, drawbacks, and how it can be used as a retirement planning tool.
This week Sam and Dave discuss common pitfalls people encounter when planning for retirement and what landmines to avoid. They also discuss ways to help save during the early years and find ways to live below your means.