The Myth of Market Timing
Takeaways from today's episode: Higher interest rates can have long-term effects on the economy and may lead to a recession. Market timing is difficult and it's better to have a solid investment plan. Annuities can provide guaranteed income and protected growth in retirement. Tax planning is crucia…
Retirement Investment Strategies: Balancing Risk and Reward
Learn how even top investment firms like BlackRock and Goldman Sachs face challenges and why a well-balanced portfolio is essential for your retirement. Steve shares insights on Market Guard's proprietary investment methodology, which combines non-emotional, methodical, and mathematical approaches …
Navigating Market Volatility
Retirement is a journey that requires guidance and planning. Interest rates play a significant role in financial decisions, such as buying a car or choosing between a lump sum and a pension. Market volatility is expected, especially during a presidential election year. Having a non-emotional, metho…
Maximizing Benefits: The Power of Roth Conversions
The conversation covers various financial topics including Roth conversions, tax analysis, market timing, Social Security, and annuities. Steve discusses the benefits of Roth conversions and how Congress views them as a revenue source, the importance of tax analysis and the impact of charitable dis…
Diversifying Holdings: The Importance of Reducing Risk
In this podcast episode, Steve breaks down the concept of the Dow Jones Industrial Average and its implications for 401k investments. He emphasizes the importance of aligning expectations with investment strategies and timeframes. The conversation then shifts to annuities, addressing common misconc…
Balancing Caregiving and Retirement Planning: Strategies for Financial Stability
Research shows that many caregivers, often tending to aging parents, are forced to reduce their work hours or leave their jobs entirely. This episode delves into the financial implications of caregiving, such as the average annual out-of-pocket costs of $7,200, and offers practical strategies to he…
Retirement Planning Myths Debunked: The Truth About Annuities and Investment Strategies
Steve dives into the disconnect many Americans aged 50 and older may face regarding retirement planning. Discover why confidence in retirement could be low and the critical role a financial professional can play in helping achieve retirement readiness. Steve shares real-life examples, including a s…
Understanding Hidden 401(k) Fees and Retirement Income Strategies
Discover potential ways you can detect and manage these fees to help optimize your retirement savings. Steve also shares insights on retirement income planning, the impact of inflation, and essential strategies to help ensure a stable financial future. Tune in to learn about Social Security concern…
Navigating Interest Rates, Retirement Planning, and Social Security
Economist Mohamed El-Erian shares insights on CNBC about the Fed's potential rate cuts and what it could mean for your financial future. Steve breaks down how higher interest rates could affect different aspects of retirement, from home buying to annuities. Learn why having the right legal docume…
The Power of Planning for Retirement Early
The conversation discusses various topics related to financial planning and retirement. It starts with a discussion on investment fees and the importance of understanding the fees associated with different investment options. The conversation then moves on to the topic of making large purchases in …