Marty discusses the essential strategies for wealth preservation and retirement planning. He emphasizes the importance of having a financial plan, diversifying investments, maintaining an emergency fund, and implementing effective tax strategies. The discussion also highlights the role of professional guidance in navigating retirement planning and the pitfalls of consumerism and overspending. Marty shares insights on avoiding common retirement mistakes and the significance of being cautious with misleading discounts and marketing tactics.  Reach Marty at 888-519-9096. Smart Money Solutions www.smartmoneysolutionsmn.com

Marty addresses the realities of retirement planning, emphasizing the importance of meeting concerns such as market volatility, Social Security, health, and inflation.  The discussion also touches on political concerns and the dynamics of family gatherings during the holidays, highlighting the importance of being prepared for various situations in retirement.  Marty discusses the various personality types encountered during holiday gatherings and how they can impact retirement planning. He emphasizes the importance of rational decision-making, avoiding impulsive choices, and being open to different investment strategies. Reach Marty at 888-519-9096. Smart Money Solutions www.smartmoneysolutionsmn.com

Marty discusses the realities of retirement planning, highlighting common mistakes retirees make, such as underestimating expenses and not factoring in healthcare costs. He emphasizes the importance of maximizing social security benefits, implementing proactive tax strategies, and planning for long-term care. The discussion also touches on financial criminals and the lessons that can be learned from their actions, underscoring the need for careful investment and financial planning.  Marty delves into the world of financial criminals, exploring infamous figures like Elizabeth Holmes, John Dillinger, and DB Cooper. They discuss the lessons that can be learned from these criminals' actions, particularly in the context of retirement planning and investment strategies. Reach Marty at 888-519-9096. Smart Money Solutions www.smartmoneysolutionsmn.com

Marty explores the parallels between Halloween treats and retirement planning.  He discusses the importance of layering income sources, maximizing social security benefits, and preparing for inflation and medical costs. Marty emphasizes the need for a comprehensive retirement plan that includes strategies for job changes, market volatility, and ensuring savings last throughout retirement. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the essential aspects of retirement planning, addressing common misconceptions about retirement savings, the importance of having a financial plan, and strategies for maximizing savings and social security benefits. He emphasizes the need for proactive planning regarding taxes, healthcare, and long-term care, while also highlighting the significance of a spending plan to ensure a comfortable retirement. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the importance of financial planning through the lens of seasonal changes. He explores how different life stages can be likened to seasons, emphasizing the need for early savings, nurturing growth, harvesting gains, and preparing for retirement. The discussion also highlights the unique challenges faced by Generation X as they approach retirement, including the need for risk management and understanding the shift from pensions to 401(k) plans. Marty provides actionable strategies for maximizing contributions and preparing for market volatility, ultimately aiming to help listeners secure a comfortable retirement. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses various aspects of retirement planning, focusing on the emotional elements involved, the importance of having a comprehensive financial plan, and how to navigate life's unexpected challenges. He emphasizes the need for flexibility in financial planning to accommodate life's changes and the impact of inflation and market volatility on financial security. The conversation also highlights the significance of family connections and the joy of holiday gatherings. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the complexities of retirement planning, emphasizing the importance of income strategies, investment choices, and understanding social security benefits. He provides insights on crafting a comprehensive spending plan, maintaining lifestyle in retirement, and the role of taxes. The discussion also covers risk management in investments and answers listener questions, offering expert advice tailored to individual needs. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the complexities of retirement planning, emphasizing the importance of being prepared for uncertainties, particularly in healthcare, homeownership, inflation, and taxes. Marty also welcomes America’s Wealth Coach and best-selling author Coach Pete D’Arruda to the podcast.  They both discuss good retirement strategies and Coach Pete’s new book, “The Big Book on Retirement.” Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses recent financial headlines and their impact on retirement planning. The conversation covers topics such as the retirement disconnect, the potential decimation of retirement savings from taxes, Americans' biggest financial regrets about retirement, and the lack of knowledge about Social Security benefits. Marty emphasizes the importance of creating a comprehensive retirement plan that includes sustainable income and proactive tax strategies. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the importance of early detection and prevention in both physical and financial health. He compares various physical ailments, such as heart disease, Alzheimer's disease, and diabetes, to financial concerns and emphasizes the need for proactive planning and preparation. Marty also highlights the significance of maximizing Social Security benefits, managing taxes, and preparing for out-of-pocket healthcare costs and long-term care. He concludes by emphasizing the importance of having a plan for retirement and staying active and fulfilled during this phase of life. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the financial lessons we can learn from historical monarchs. He emphasizes the importance of sustainable retirement strategies, avoiding get-rich-quick schemes, and ensuring consistent growth in investments. Marty also highlights the dangers of ignoring financial problems and delaying critical changes, as well as the risks of overinvestment and emotional spending. He stresses the need for comprehensive retirement planning, including estate planning, financial planning, and tax planning. Marty emphasizes the importance of having multiple streams of reliable income, becoming debt-free, and having comprehensive health and long-term care coverage. Reach Marty at 888-519-9096. Smart Money Solutions

Marty explores the intersection between presidential races and economic policies and how they can affect financial futures, especially in retirement.   He discusses past administrations and the economy during their terms, highlighting key events and policies.  Topics include high inflation, gas lines, interest rates, tax cuts, national debt, and the impact of different administrations on retirement planning. The conversation also delves into the current political landscape and the importance of seeking professional help for retirement planning. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses common mistakes to avoid in retirement planning. The first mistake is waiting too long to plan, but Marty emphasizes that it's never too late to start. He recommends starting in your mid to late 40s or early 50s. Another mistake is underestimating the cost of living, especially with inflation and rising expenses. Marty advises getting rid of debt and having an emergency fund. He also highlights the importance of considering long-term care and having a plan in place. Other mistakes to avoid include not prioritizing contributions to investments and not establishing proactive tax strategies. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses common estate planning mistakes, such as failing to create an estate plan, not updating the plan, ignoring digital assets, and not properly funding a trust. He also emphasizes the importance of having powers of attorney in place and seeking professional help for estate planning.  Reach Marty at 888-519-9096. Smart Money Solutions

The conversation revolves around the topic of Roth conversions and whether or not they make sense for individuals. Marty Nevel, a retirement specialist, discusses the various circumstances in which Roth conversions may be beneficial, such as lowering future tax brackets and estate planning. He also highlights the importance of careful consideration and analysis before deciding to do a Roth conversion. Other topics covered include the need for a diversified tax liability, maximizing retirement accounts, and creating a spending plan for retirement.  Marty also discusses the challenges that baby boomers face as they enter retirement. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the five basic steps to retirement planning and emphasizes the importance of income planning and expense management. He also highlights the significance of investment management, healthcare and long-term care planning, and estate planning. Marty mentions the option of having an encore career or working in some capacity during retirement. He discusses the role of annuities and real estate income as additional streams of income. Marty also addresses the question of being bullish or bearish in investment strategies and the importance of planning for retirement in the financial red zone. Reach Marty at 888-519-9096. Smart Money Solutions

Marty gives his take on recent financial news stories.  He comments on the fact that many retirees are facing a financial crisis with half having less than $145,000 saved, well below the recommended amount.  Other stories Marty commented on include common regrets among retirees include not saving more, not having a written financial plan, underestimating retirement costs, and not planning for healthcare expenses. Retired women are significantly more likely to face financial hardships compared to men.  That is also part of the discussion. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the importance of finding the right financial advisor for retirement planning. He covers topics such as how to find a financial advisor, the benefits of working with an advisor, and the components of a good retirement plan.  He also touches on the impact of inflation, rising delinquencies, and bank closures on the economy. Marty emphasizes the need for a comprehensive plan that addresses income, estate planning, tax planning, investment management, and healthcare planning. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the importance of continuing to invest once you retire. He emphasizes the use of safe money strategies, such as annuity products and life insurance programs, to ensure a guaranteed income and growth. Marty also highlights the impact of inflation on purchasing power and the need to keep up with it. He mentions the importance of having emergency funds for unexpected expenses and opportunities. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the challenges facing Generation X in saving for retirement. He compares Gen Xers to Jan Brady from the Brady Bunch, as the middle child often overlooked compared to the baby boomers and millennials. Marty emphasizes the importance of preparation and planning for retirement, as many Gen Xers are nearing retirement age.  He also touches on the topic of high-interest debt and the need to pay it off before retirement. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the changing landscape of retirement and the challenges faced by pre-retirees and retirees today.  He highlights the need for proper planning and diversification to ensure a secure retirement. The conversation also touches on the role of artificial intelligence (AI) in financial planning and the advantages of the human touch in creating personalized retirement plans. Marty discusses the importance of the human element in retirement planning and addresses common questions and concerns that clients may have. He emphasizes the need for a trusted advisor who can provide personalized guidance and support. Marty also discusses topics such as how financial advisors get paid, their qualifications, investment strategies, and communication with clients. Reach Marty at 888-519-9096. Smart Money Solutions

The retirement of 10,000 baby boomers every day is having significant impacts on current retirees as well as the broader economic and social systems. This wave of retirees is putting a strain on social security, Medicare, and pension systems. Changes are being proposed to make social security and Medicare more needs-based and to increase the tax on the younger generation. The rising demand for healthcare is also a concern, and individuals are encouraged to contribute to HSAs and save for future healthcare needs.  Marty addresses these challenges and discusses various topics related to retirement planning. Reach Marty at 888-519-9096. Smart Money Solutions

Marty covers significant changes in retirement planning over the last 20 years, including shifts in the economy, demographics, technology, and regulatory environments.  He discusses the demise of private sector pensions, the shift to defined contribution plans, increased contribution limits, the introduction of the Roth 401k, automatic enrollment, and changes in required minimum distribution ages. He also provides insights into annuities and their role in retirement planning. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the financial regrets of retirees and the importance of retirement planning. He emphasizes the need for a comprehensive plan that accounts for unexpected events, inflation, and volatility. Marty also addresses the unique challenges women face in retirement and the importance of custom-tailored plans. He highlights the significance of guaranteed lifetime income and the impact of retirement age on benefits and penalties. Reach Marty Nevel at 888-519-9096. Smart Money Solutions

Retirement planning requires expecting the unexpected and being prepared for various expenses. Health care costs, including Medicare and supplemental plans, should be considered. Long-term care insurance may not be the best option, and alternatives like life insurance or annuities should be explored. Homeownership comes with maintenance costs, property taxes, and potential downsizing expenses. Taxes are an ongoing concern in retirement and should be accounted for in financial planning.  Marty Nevel discusses various financial topics, including the impact of inflation, the state of the economy, and the concerns of retirees. Reach Marty at 888-519-9096. Smart Money Solutions

Marty Neville discusses the current state of the economy, the impact of government policies, and the challenges facing retirees. He shares his agreement with billionaire investor Stanley Druckenmiller's criticism of the Federal Reserve and the need for fiscal discipline. Marty also highlights the importance of comprehensive retirement planning and the need for multiple sources of income. Reach Marty at 888-519-9096. Smart Money Solutions

Marty Nevel clears up common misconceptions about retirement and provides tips to help listeners save more. The episode also discusses the impact of taxes in retirement and the importance of evaluating and reducing unnecessary expenses. Marty discusses the importance of contributing to a 401k and taking advantage of company matches. He also advises on how to make the most of tax refunds and windfalls, such as inheritances or bonuses. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the biggest financial regrets of 2023 and provides tips to avoid them. The top regrets include not saving enough for retirement, failing to take advantage of interest-bearing accounts, accumulating too much credit card debt, and not saving money for emergencies. Marty emphasizes the importance of saving early and consistently, taking advantage of high-yield accounts, paying off credit card debt, and building an emergency fund. The conversation also touches on the need for comprehensive retirement planning, including budgeting for travel and healthcare expenses. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses the importance of saving for retirement, strategies for starting late, and the benefits of maximizing contributions to retirement accounts. The conversation concludes with a discussion on low-risk investments for retirement income, including real estate and dividend-paying stocks. Reach Marty at 888-519-9096. Smart Money Solutions

In this conversation, Marty Nevel shares tips and strategies to help listeners prepare for retirement. He discusses the changes in retirement planning due to the Secure Act and Secure Act 2.0, such as the option to deposit money into a Roth account and make tax-free withdrawals for emergencies. Marty also talks about the importance of understanding sequence of returns risk and having a conservative investment strategy. He emphasizes the need for couples to openly discuss their finances, have a backup plan in case one spouse becomes ill or passes away, and keep good financial records. Marty also advises against accumulating credit card debt and offers a comprehensive review to help individuals create a retirement plan. Reach Marty Nevel at 888-519-9096. Smart Money Solutions

In this conversation, Marty Nevel covers some important questions to ask your financial advisor about inflation and its impact on retirement planning. Marty emphasizes the need for a long-term financial plan that factors in inflation and provides guaranteed income. He also goes over some common retirement mistakes to avoid, such as trying to beat the market, keeping all your money in cash, over-diversifying, being hesitant to spend your savings, and feeling trapped by real estate. Reach Marty at 888-519-9096. Smart Money Solutions

Marty discusses lessons from golf that can be applied to retirement planning. He emphasizes the importance of not taking unnecessary risks with retirement funds and having a coherent financial retirement plan. He compares choosing the right club in golf to selecting the right assets and strategies in retirement planning. Reach Marty at 888-519-9096. Smart Money Solutions

In this conversation, Marty Nevel discusses the potential damage caused by financial advice on social media. He exposes some of the worst financial planning advice that has gone viral and explains why it is dangerous. Marty also debunks myths about 401(k) scams and the idea of following the rich and famous for financial success. The conversation concludes with a discussion on the Federal Reserve bank account scam and the need to plan for a secure financial future. Reach Marty at 888-519-9096. Smart Money Solutions

The conversation covers various topics related to retirement planning and economic concerns. It begins with a discussion about the impact of government policies on the economy. The conversation then explores spending issues, inflation, and the challenges of retirement planning. The 4% rule and retirement income are also discussed, along with the importance of historical data and the 60-40 stock-bond portfolio. The conversation concludes with a focus on important questions to ask for retirement planning. Reach Marty Nevel at 888-519-9096. Smart Money Solutions

In this conversation, Marty Nevel discusses various aspects of retirement planning, including considerations for retiring early, distribution strategies, mental preparation for retirement, order of withdrawals, alternative strategies, and answering retirement questions. In this conversation, Marty discusses various topics related to retirement planning. The discussion then shifts to leaving inheritance to children and the flexibility of estate planning. Marty also addresses the question of whether one should continue saving money in retirement and the various ways to save. Reach Marty Nevel at 888-519-9096. Smart Money Solutions

In this episode, Marty discusses the importance of spring cleaning and financial organization, including the need for an emergency fund and debt management. He also emphasizes the significance of maximizing retirement contributions and proactive tax planning. Marty highlights the importance of asset allocation and risk management in retirement planning. He offers comprehensive retirement reviews and emphasizes the lessons that can be learned from college basketball, such as the fundamentals of retirement planning and the importance of planning and preparation. You can reach Marty by calling 888-519-9096. Smart Money Solutions

In this conversation, Marty discusses various retirement planning strategies, with a focus on Roth contributions and the tax implications of different retirement accounts. He also explores the potential changes to Social Security and the importance of maximizing Social Security benefits. Marty emphasizes the need for comprehensive planning and understanding the evolving landscape of retirement planning. The conversation covers various topics related to retirement planning, including changes to the Social Security age requirement, the importance of understanding Social Security, retiring at 63 and living off Social Security, RMDs and filing for Social Security, annuities as a retirement option, what to do with a 401k after leaving a job, and opening a Roth IRA for a grandchild. You can reach Marty by calling 888-519-9096. Smart Money Solutions

In this conversation, Marty Nevel discusses various topics related to taxation in retirement. He covers what is and what isn't taxed in retirement including Social Security benefits, pensions, interest-bearing accounts, capital gains, traditional IRAs and 401(k)s, life insurance proceeds, and savings bonds. Marty also emphasizes the importance of planning for retirement and incorporating one's bucket list into their overall life planning. Then he discusses the importance of having a safe money strategy and diversifying investments in a volatile market. Additionally, he advises on planning for inheritance and provides insights on withdrawal strategies for retirement accounts. Marty emphasizes the need for comprehensive retirement planning that considers various sources of income and extends to age 100. You can reach Marty Nevel by calling 888-519-9096. Smart Money Solutions

In this episode, Marty Neville discusses the importance of estate planning and the components that come under its umbrella. He emphasizes the need for a comprehensive and up-to-date estate plan to ensure that one's wishes are followed and to keep the government out of one's affairs. Marty also addresses the world's worst retirement planning advice, debunking the notion that Social Security benefits are enough to live off of in retirement. He highlights the importance of having a customized retirement plan and the dangers of following a one-size-fits-all approach. Additionally, Marty provides insights on protecting a 401(k) and offers tips for choosing a financial advisor. You can reach Marty Nevel by calling 888-519-9096. Smart Money Solutions

In this conversation, Marty Nevel discusses the importance of having a written plan for retirement, creating a spending plan and considering income streams, tax planning, legacy planning and estate planning, social security, spousal considerations, and the importance of reviewing finances regularly. Marty emphasizes the need for planning and preparation in order to have a successful retirement. He also addresses questions about long-term care insurance, supplementing a pension, and the benefits of involving children in financial meetings. You can reach Marty by calling 888-519-9096. Smart Money Solutions

On this football-themed episode, Marty Neville discusses strategies and lessons from the game of football that can be applied to retirement planning. He emphasizes the importance of being in the financial red zone and starting retirement planning early. Marty explains offensive and defensive strategies in retirement, including diversification and asset protection. He also highlights the significance of having a written plan and considering estate planning and tax strategies. Marty relates famous football quotes to retirement planning and emphasizes the role of a retirement coach in guiding individuals through the retirement journey. The episode concludes with Marty discussing upcoming plans and his commitment to helping clients secure their retirement goals. You can reach Marty Nevel by calling 888-519-9096. Smart Money Solutions

This conversation discusses various aspects of retirement planning and the changes that have occurred over the years. It covers changes in daily routine and social life. The importance of staying busy and maintaining fitness in retirement is emphasized. The conversation also highlights the need to replace income in retirement and the role of comprehensive reviews in retirement planning. The evolution of retirement planning, managing risk, and transforming a 401k into a personal pension are discussed. The impact of longevity and taxes in retirement is explored, along with the importance of estate planning. The conversation concludes with a Q&A segment.  The episode concludes with a question about choosing between a Traditional IRA and a Roth IRA. You can reach Marty Nevel at 888-519-9096. Smart Money Solutions

Marty discusses financial goals for 2024.  He identifies good goals to establish, how to get started, and offers tips on how to stay on track.  Some of the goals include maximizing your savings efforts, creating a spending plan, paying off debt, building an emergency fund, proactively planning for taxes, and reassessing assets. You can reach Marty Nevel by calling 888-519-9096. Smart Money Solutions

Marty answers the most frequently asked questions about annuities.  How do they differ from traditional savings and brokerage accounts?  What are the benefits and potential drawbacks?  What types of annuities are there?  Get the answers in this podcast.  The conversation then shifts to that shift in your financial life from accumulation to the necessary strategies in retirement. Contact Marty Nevel at 888-519-9096. Smart Money Solutions

Warnings of what could harm your retirement start off the podcast with a discussion on having a budget, automating your savings and payments, planning for healthcare costs, and not relying too heavily on being able to work longer.  Then we take a look at what a retirement portfolio stress test could be for you. You can reach Marty Nevel by calling 888-519-9096. Smart Money Solutions

Marty provides the answers to some commonly asked and very important questions regarding proper retirement planning.  He also looks at what should be considered in shoring up your retirement in the new year.  These include revisiting your household budget, checking your emergency fund, tackling debt, establishing financial goals, and reviewing your asset allocation. You can reach Marty Nevel by calling 888-519-9096. Smart Money Solutions

You’ll hear clips from familiar movies and a sitcom with a holiday theme.  Marty takes these clips and shares retirement and financial lessons we can learn from them.  He also looks at how we can learn from the ghosts of Christmas retirement past and present and apply those lessons for the future. You can reach Marty Nevel at 888-519-9096. Smart Money Solutions

Marty cuts through some harsh realities of retirement planning and offers solutions.  Some issues covered are the amount of bear markets to expect, needing more than Social Security, and longevity.  How should you mirror the traits of successful CEOs in our retirement?  That’s also covered in this podcast. You can reach Marty Nevel by calling 888-519-9096. Smart Money Solutions

Marty talks about what we need to consider strategically as the year draws to a close.  Most of the bullet points are about good tax moves.  He also looks at changes to Social Security coming in 2024 including the COLA, maximum taxable earnings increasing as well as the earnings test.  Then the conversation turns to what you may face in retirement such as restlessness and the need to re-define yourself. You can reach Marty Nevel at 888-519-9096. Smart Money Solutions