Wealth Creator Radio: Recent Episodes
Eric Heckman
Eric Heckman's weekly radio show on KTRB 860 AM where he & his guests go over personal finance issues for people in Silicon Valley. www.WealthCreator.com
Now that we’ve reached the end of another marathon election cycle, many Americans are wondering what this means for their finances – especially if they’re nearing retirement. Today, certified financial planner of over 30 years Eric Heckman is explaining why taking control of your retirement and financial future is still within reach, even in the uncertainty of the day.
In this episode of Wealth Creator Radio, Eric Heckman will break down what the results of this election mean for your finances, and practical steps to secure your retirement for the future.
According to Investopedia, living the American Dream over a lifetime could cost $4.4 million. That doesn’t mean lavish wealth and luxury living, but simply owning a home, having a couple of kids, a new car, and a vacation once a year. So is the American Dream still within reach?
In this episode of Wealth Creator Radio, certified financial planner Eric Heckman is sharing
what it really costs to achieve the American Dream, and his insights to not only get there, but create a lasting legacy for your family. Tune in to learn everything you need for a legacy plan to ensure wealth that lasts for your loved ones!
With interest rates on the decline, retirement planning has become more complex than ever. Many retirees find themselves facing an uncertain financial landscape. If you want to make sure your money lasts as long as you do, you need to take falling interest rates into account in your retirement income plan.
In this episode of Wealth Creator Radio, certified financial planner Eric Heckman shares how to handle falling interest rates and avoid costly mistakes. Eric shares about the common trap of rolling over your 401K into an IRA, what to do to combat falling interest rates, and tips to create a retirement income plan. If you want to retire with less worry and more wealth, this is a must-listen!
When it comes to retirement, one of the most common questions is, "How can I ensure my income lasts throughout my retirement?" After all, the last thing you want is to run out of money in the years when you should be enjoying retirement.
Many people debate whether to start their Social Security benefits at 65 or wait until 67 or even 70. While delaying benefits increases the monthly payment, the question becomes: What are you living on in the meantime? If you're tapping into your savings, that money is being spent down and won't be replaced.
In this episode of Wealth Creator Radio, certified financial planner Eric Heckman is sharing factors that can cause you to spend down your savings faster than anticipated, common Social Security mistakes, and strategies to ensure your money lasts as long as you do.
🔗Click here to visit the show notes for this episode!
A major poll says that Americans today feel like they’re struggling more financially than previous generations, especially when it comes to retirement planning. But is it really true? Are they actually worse off than their parents, or have times simply changed?
In this episode of Wealth Creator Radio, certified financial planner Eric Heckman is looking at the implications of this poll and talking through actionable steps to help you secure your financial future.
🔗Learn more by checking out this episode's show notes!
As we approach the end of the year, it’s time to take a closer look at changes in Medicare that will affect retirees in 2025. From changing rates to caps on expenses, the Inflation Reduction Act has the potential to impact retirees. Today, we’re looking at these changes and how you can better prepare for retirement.
In this episode of Wealth Creator Radio, veteran financial strategist Eric Heckman shares the details of what’s changing in 2025, how you plan for long-term care and health costs in retirement, and how to budget and create a “fun fund” for your retirement years. Tune in for the best resources on planning for retirement with less worry!
🔗Click here to check out the show notes for this episode!
As we approach retirement and look back on our financial decisions, many of us wish we could have done things differently. Maybe we didn’t save enough for retirement, or we didn’t put away enough money for emergencies. The good news is that it’s never too late to make changes and turn things around – and veteran financial strategist Eric Heckman is giving you your first steps to retiring worry-less.
In this episode of Wealth Creator Radio, Eric discusses the most common financial regrets around retirement and what you can do to get ahead of them. Tune in to hear actionable steps to start saving for retirement now, different income sources in retirement, how to combat market fluctuations, and Eric’s best advice if you’re about to transition into retirement.
11,000 boomers retire every day right now. That changes a lot of things in the US. What do you need to know about this huge shift. Plus we will go over probate issues and how to avoid them
Annuities have been around for over 2000 years in the form of pensions. Should you get one on your own. We will cover that and more.
When people say, "This isn't your grandpa's retirement!", they aren't kidding! This generation isn't as lucky to be able to rely on generous pensions; With the unreliability of Social Security benefits, how are you to make your retirement savings last at least as long as you do? Listen to this podcast and get some answers to this crucial question and more!
When you were 20, whether you knew it or not, you were already laying the groundwork toward your financial future later in life. We talk a lot on this show about the stages of retirement, but financial planners say there are 5 financial stages of life. You don't want to miss this podcast!
When it comes to financial matters, everyone behaves quite differently; Some make financial decisions rationally and thoughtfully, while others make their financial decisions emotionally, and it can cost them in the end. Do you know what your financial behaviors are? Do you understand how one wrong financial decision can cost you years of retirement savings? This crucial episode covers why understanding behavioral finance is important and how to make better financial decisions during economic turbulence. You don't want to miss this one. Be sure to forward this podcast to anyone you can think of who could use sound financial advice. Thank you for listening!
Volatility isn't good or bad; It's just reality! The best way to take advantage of that instability is to plan for it, but do you know where to start? Listen to this crucial, can't-miss episode, with special guest speaker, Tom Siomades-Chief Market Economist of AE Wealth Management, and learn how to take advantage of the ups AND downs of the market woes. Be sure to share this with your loved ones, as you never know who needs to hear messages like this and when! You could be saving them from some serious financial mistakes. Thanks for listening!
When it comes to high prices, they are anything but funny. That being said, it is fun to take a look back and see what the history of inflation is. Sure, 39¢ bread isn't making a comeback in our lifetimes, but you do need to know how to protect your current standard of living in retirement in the future. This episode will have a bit of fun, and of course a lot of truth about how to make your retirement work for you! Be sure to listen to this episode and learn what "public enemy number one" used to be and probably should be again (and don't forget to share with your loved ones!)!
The number one fear of most retired Americans is running out of money. With proper preparation, you can avoid this and many other risks to your retirement! This episode highlights some of the biggest risks to your retirement and how to address and plan for them. Stop everything and listen to this episode (and don't forget to share with your friends and family, too!).
When it comes to your retirement, there are some big risks..or "potholes" that you want to be sure you plan for. If you don't plan for them, your entire retirement could be derailed! This episode will help you better understand what can pose a risk to your retirement plan and how to avoid it or better yet, how to properly plan for it if it is unavoidable! Cheers to another "can't miss" episode of Wealth Creator Radio!
Several retirement "unknowns" exist, but four in particular are essential to pay attention to. In this special show, we will review the four "unknowns" and more! You do not want to miss this important episode!
Today, we’ve been focusing on legacy planning, but it’s also important to think about those other areas of your retirement finances. I want to invite you to think about where you are right now. I’m going to go through a few questions. As I do that, I want you to take a moment to mentally rate how confident and prepared you are on a scale from one to 10. This won’t take long, and I want you to be honest with yourself because this is your future we’re talking about now. Listen to my podcast and learn how to protect your legacy.
For years, annuities have gotten a bum rap. Too expensive. Too many strings attached. Your money is locked up forever. You’ve heard all the “cons” of annuities for years. But with private company pensions dying out, the tide is starting to turn. Annuities sales have had record years lately! Tune in to this podcast and learn more about one of the most powerful financial tools in the industry, why and how to use it! Thanks for listening! Eric
Now that all of the Baby Boomers are starting to retire, it's time for the Generation X to start thinking more seriously about their retirement income planning. Have you given any thought to your retirement income plan?? Listen to this podcast and learn what the key areas are that you need to focus on!
Happy Listening!
Eric
We all know there are multiple stages of life, from birth to death and everything in between, but did you know that there are also multiple financial stages of life that are important to pay attention to? Listen to this week's show and learn more!
I know many of you are worried that you haven’t saved enough. Or that you won’t even be able to retire. I know that most of you don’t have a written financial plan. A written financial plan can help you feel more financially stable so you don’t have to worry if your money will last or if you can even afford to retire. We have a process for helping you create an income strategy, and we start with what we call our Blueprint to Worry Less Wealth®. Listen to this episode and learn more about my process and how we treat our clients.
There’s a line that bears repeating as we start putting together our summer travel plans again … most of the time, people spend more time planning their vacations than their retirement. Why do you think so many of us are guilty of this? Eric Heckman, CFP is here with some helpful insight to this and other topics on this episode of Wealth Creator Radio!
We can’t prevent bad things from happening. But we can plan for the worst so if there is a debilitating accident or a terminal medical diagnosis, we have a financial strategy in place to deal with it. And even though we’ve been focusing on some scary scenarios … you might end up living a long, healthy life but just get to the point when you really can’t live on your own anymore. Eric Heckman, CFP is here to give some helpful information! You won't want to miss this episode!
Many people I work with have done a good job saving for retirement. They know they may want to consider taxes, strategies to preserve their income, and creating a legacy plan for their heirs and loved ones. And when you work with someone who focuses on retirement, you can address all those different areas in one place.
You can’t control what kind of economy you’ll retire into. You can’t control what will happen with taxes, or inflation, or healthcare costs, or the stock market. But you can take steps to preserve your wealth and help ensure you’ll have income as long as you need it in retirement. Eric Heckman, CFP is here to tell you ways to plan!
How do we help keep inflation from derailing our plans, not just this summer, but in retirement?
One thing we have learned from the past inflation periods is how to properly plan your income in retirement and why it is so important. Learn more by listening to my podcast!
Thank you!
Eric
Inflation is back, the feds have officially made some changes that are going into effect soon, and it is imperative to pay closer attention to your finances! Listen to this podcast and learn more.
Thank you for listening!
Eric
Do you ever wish you knew then what you know now? Most of us do! Listen to this podcast and learn how to navigate your retirement wisely in these crazy times!
Thank you for listening!
Eric
When it comes to learning more about your finances, do you realize how much you many not know yet? Listen to my podcast and learn more about how to edcuate yourself on finances.
Happy listening!
Eric
What the Heck should you be doing with your 401Ks and IRAs? Listen to my podcast and learn more!
Thank you for listening!
Jennine
Did you ever realize how much of your financial success is psychological?
Making resolutions is great but paying attention to how to accomplish the resolution is important. Listen to my podcast!
Thanks for listening!
Eric
We all make resolutions every New Year, but are you focusing on the goal or the journey? They are equally important. Listen to my podcast and learn why!
Happy New Year,
Eric
Have you ever sat down and thought about your risk tolerance? If you have a spouse or life partner, sitting down with them and assessing the risk tolerance for each of you is an eye-opening experience. Taking it a step further, is your financial portfolio aligned with your risk tolerance? Listen to my podcast and learn why this is so important!
Thank you for listening!
Eric
Many of us look at stars when we are planning a vacation or going to dinner. We want a Five Star experience whenever possible. Do you know what it takes to have a Five Star Financial Plan? Listen to my podcast and learn more!
Have a great week!
Eric
When it comes to a financial plan, some people think that having financial accounts is the same as having a plan. Having multiple accounts in many different places can cause you to lose thousands, even hundreds of thousands of dollars. Sitting down with your financial professional is crucial. If you don't have one, you need one. Do your future self a favor and listen to my podcast.
Thank you for listening!
Eric
Baby Boomers retirement and Generation X's retirements look very different. There is some very different planning needed for each, and the planning is crucial. Listen to my podcast and learn more now!
Thanks for listening!
Eric
The time has come to be sure you are taking advantage of all of the tax planning opportunities that you can. Listen to my podcast and learn more about the crucial moves to make now!
Thank you for listening,
Eric
Do you know if you have saved enough for your retirement, income strategy, and have you ever had it assessed for weak spots? When you stop working and enter retirement, you essentially are unemployed. The #1 biggest fear is running out of money, but if you feel you have saved enough, why worry? Right? You could be wrong! Listen to my podcast and learn more!
Thank you for listening!
Eric
Many people have opinions on money, but are they educated enough to give you the proper advice? In a recent study, they found that 4 out of 7 people are financially illiterate. It's almost scary to think that many of these same 4 people give their financial opinions! Listen to my podcast and learn how to increase your financial literacy! It's important to learn how to properly plan your finances. What you don't know can hurt you!
Take care,
Eric
You have to factor in many things when you think about your retirement planning. Things like housing, utilities, food,, healthcare, entertainment, travel, and savings come to mind, but what about the unknowns? For instance, did you have a plan for the COVID-19 shutdown? There are a lot of unknowns in the financial planning world. Learn how to plan for the worst and not mess with your plan.
Have a great week,
Eric
At the end of each year, savvy investors will review their income and taxes, as well as their investments to ensure they are in line to pay only their fair share of taxes. Do you know what the heck you should be looking for? With approaching tax law changes, it's crucial to have a plan. Listen to my podcast and learn more now!
Thank you for listening!
Eric
Our national debt is on track to pass $30 Trillion. If that doesn't scare most Americans, I don't know what will. How will we fix this? Listen to my podcast to learn more about our economy, me and how to plan for retirement.
Have a great week,
Eric
Regardless what is happening in the government or economy today, you need to have a plan. Do you know what it takes to retire and STAY retired in today's world? Listen to my podcast and learn more.
Best regards,
Eric
Required Minimum Distribution time is upon us, as is the Medicare open enrollment. This is an important time to make sure you take care of all of the little details. Listen to my podcast and learn what actions you need to take...and why.
Thank you for your listenership!
Eric
With the looming tax changes from the current administration, there are a lot of questions swirling about how and when it will affect you. Time is running out to protect your hard-earned savings and taking too much time trying to figure it all out could be damaging to your retirement plan. Listen to my podcast and learn how to protect yourself now!
Thanks for listening!
Eric
When it comes to retirement, there is a lot that you know, but do you know what your "bad habits" are? Identifying your bad habits is key, but taking action is more crucial. Listen to my podcast and learn how to avoid risks to your retirement.
Thanks for listening!
Eric