Unlocking Retirement Income: Demystifying Annuities for Financial Security

In a recent survey, 70% of pre-retirees expressed concern about running out of money, highlighting the urgency of effective retirement planning. Join Steve in todays episode where he unravels the mystique surrounding annuities, a powerful tool often misunderstood in retirement planning. Steve expl…

Unlocking Retirement Wealth Secrets: Why Gen Xers Shouldn't Overlook Life Insurance Strategies

In this episode, Steve explores a crucial aspect of retirement planning for Generation X—those in their late 50s. Astonishingly, only 40% of Gen Xers work with financial advisors.   Steve delves into a significant tax change set for 2026 that will impact those earning over $145,000, requiring them…

Year-End Financial Checklist: Maximizing Your Retirement Contributions

In this episode, the hosts discuss Morningstar's Christine Benn's advice on maximizing 401K contributions, especially for those over 50, where the limit can reach $30,000 in 2023. Discover why revisiting your retirement plan contributions is crucial and how making adjustments can have a significan…

Navigating Retirement: Strategies for Financial Freedom

In this episode, Steve explores the concept of retirement, drawing inspiration from entrepreneur Naval Ravikant's unique perspective. While financial independence is a common goal, the hosts discuss various paths to retirement, including managing burn rates, passive income, and the importance of do…

The Charles Feeney Legacy: Balancing Wealth and Generosity

On today's episode, Steve shares the incredible story of Charles Feeney. Charles, a multi-billionaire, chose to give away his vast wealth, emphasizing the joy of giving while being alive. The episode explores the pros and cons of this philanthropic approach and delves into the importance of achievi…

Maximizing Your Annuity: Is It Time for an Upgrade?

In today's episode, we're tackling an intriguing question: Can you trade in your older annuity for a newer, more advantageous one? With interest rates on the rise, now is a particularly opportune time to consider upgrading your annuity. Steve discusses the nuances of this decision, emphasizing tha…

Why Only 35% of Americans Use Financial Advisors

In this episode, we explore the surprising statistic that only 35% of Americans utilize the services of a financial advisor. Steve, a renowned retirement income specialist with over 30 years of experience, helps us unravel the reasons behind this. Many Americans primarily store their wealth in the…

Enhancing Retirement Income with Annuities

This week, we delve into one of the most pressing retirement questions on everyone's minds: how do you ensure a steady income stream when you retire, without the fear of running out of money? Steve, Cape Cod's Retirement Income Specialist, shares his expertise on the significance of annuities in r…

Cash is King Again: Rethinking Investment Strategies

The financial world is experiencing a shift where cash is offering higher returns than ever before, surpassing even the S&P 500. As Yahoo Finance's Jared Blicker notes, a staggering $925 billion has flowed into money markets this year alone. Traditionally, when stocks dipped, investors had few alt…

Secure 2.0 Act: The Changing Landscape of Retirement Planning

Under this new measure, starting next year, older workers earning more than $145,000 will be required to use an after-tax Roth 401(k) rather than the traditional pre-tax 401(k). However, since many employers do not offer Roth 401(k)s, the IRS has extended the deadline to 2026. Steve breaks down wh…