Inflation's Impact on Retirement Income

In this episode, Steve discusses the impact of inflation on retirement planning, strategies to safeguard retirement income, and the importance of understanding Medicare options. He emphasizes the need for comprehensive retirement planning, including analyzing income streams, managing debt, and prep…

Navigating the Retirement Journey

In todays episode, Steve discusses the intricacies of retirement planning, emphasizing the importance of income, risk management, and navigating Medicare. He shares insights on realistic expectations for investment returns and the significance of comprehensive retirement planning to ensure financia…

Creating a Personally Funded Pension

In this episode, Steve shares his exhilarating experience at the Big Machine Music City Grand Prix, highlighting his interactions with famous race car drivers. Then, the conversation shifts to the importance of understanding 401(k) plans and the need for additional income streams in retirement. Ste…

Keys to a Successful Retirement

Steve emphasizes the importance of coaching, community support, and mental preparation in overcoming obstacles. The conversation transitions into discussing the fears surrounding retirement, the misconceptions people have, and the essential steps to ensure a successful retirement. Steve provides in…

Diversifying Your Investment Strategy

The importance of analyzing income sources and expenses in retirement, the potential impact of interest rate cuts on the stock market, the need for a diversified investment strategy, and the considerations for claiming Social Security benefits. The conversation also highlights the role of insurance…

Creating a Comprehensive Retirement Plan

In todays episode, Steve discusses the importance of having a financial advisor to help with retirement planning and managing finances. He also provides insights on how to prepare for a recession and offers advice on building cash reserves, paying off high-interest debt, and rebalancing investments…

Navigating Market Volatility: Don't Panic, Stay Calm

The conversation discusses the recent volatility in the stock market and offers advice on how to navigate it. It emphasizes the importance of not panicking and staying calm. Steve also touches on retirement planning, including factors to consider when deciding when to retire and when to start takin…

The Different Types of Annuities

Episode Takeaways:  Market volatility is often a result of uncertainty, and it's important to assess the level of risk one is comfortable with as an investor. Income planning is crucial in retirement, and annuities can provide a structured way to generate guaranteed income. There are different type…

The Election and Possible Market Pullback

Steve talks about the future of Social Security and the need to make decisions to protect retirement income regardless of political changes. He also discusses the possibility of a stock market pullback before the election and the importance of using a methodical and non-emotional approach to invest…

Managing Taxes in Retirement

The conversation covers various topics related to retirement planning and financial management. The main themes include the importance of a comprehensive retirement plan, the impact of taxes on retirement income, strategies for managing investments, and overcoming the fear of running out of money i…