In this episode of the Real Retirees of New Jersey, hosts Peggy and Randy Fisher discuss the current political climate and its impact on the economy, including predictions of a recession and strategies for financial planning. They emphasize the importance of understanding demographic shifts, particularly the implications for Social Security as Baby Boomers retire. The conversation also covers the significance of budgeting and retirement planning, highlighting the need for tailored financial strategies to ensure a secure future for retirees. For more information visit www.therealretireesofnewjersey.com!

This week's conversation explores the intricate relationship between couples, families, and retirement planning. Randy & Peggy Fisher discuss the challenges couples face in engaging with financial planning, especially during significant life changes such as divorce or the loss of a spouse. They emphasize the importance of communication, teamwork, and tailored strategies to ensure both partners are involved and informed. Real-life stories illustrate the impact of proper planning and the emotional aspects of financial decisions. For more information visit www.therealretireesofnewjersey.com

This week, Randy and Peggy Fisher delve into the emotional turmoil surrounding elections and its impact on financial decision-making. They highlight the role of confirmation bias in interpreting financial information, the importance of emotional detachment in investment strategies, and the necessity of diversification in portfolios. The discussion also touches on the implications of election outcomes on personal finances and retirement planning, comparing the U.S. retirement system with those of other countries. Ultimately, it emphasizes the need for rational financial planning amidst political chaos. For more information visit www.therealretireesofnewjersey.com

On this week's show, Randy and Peggy Fisher delve into the implications of political policies on retirement, focusing on their recent seminar discussing Trump and Harris' proposals. Randy and Peggy highlight the surprising aspects of these policies, particularly regarding taxes and Social Security. They emphasize the importance of understanding these policies for effective retirement planning. The discussion transitions into the complexities of Social Security, addressing common misconceptions and the historical context of the program. For more information visit www.therealretireesofnewjersey.com

This week the conversation delves into the critical aspects of Social Security and its implications for retirement income, emphasizing the need for a comprehensive financial plan that accounts for inflation, taxes, and the evolving landscape of retirement funding. Randy and Peggy Fisher highlight the importance of independent financial advisors in navigating these complexities and ensuring clients' best interests are prioritized. For more information visit www.therealretireesofnewjersey.com

In this week's conversation, Randy & Peggy Fisher discuss the upcoming workshops focused on the financial implications of the upcoming election, particularly the contrasting plans of Trump and Harris. They delve into the persistent issue of inflation and its impact on retirement savings, emphasizing the need for a non-emotional, methodical investment strategy. The discussion also covers the importance of year-end financial planning, including tax strategies and insurance considerations, all framed within a holistic financial planning approach that integrates various aspects of clients' financial lives. For more information visit www.therealretireesofnewjersey.com

This week, Randy & Peggy Fisher discuss various themes including parenting challenges related to teenage driving, the importance of family preparedness during emergencies, and the realities of financial planning. The discussion also covers the significance of insurance in protecting against unforeseen events, the impact of emotions and political biases on investment strategies, and the necessity of understanding historical market trends to make informed financial decisions. For more information visit www.therealretireesofnewjersey.com

On this week's episode of The Real Retirees of New Jersey, Randy and Peggy Fisher discuss their approach to financial advising, emphasizing the importance of client relationships, the multifaceted role of financial advisors, and the strategies for building wealth and retirement income. They share personal stories about their journey into the financial services industry and highlight the significance of fiduciary responsibility in their practice. The discussion also touches on the challenges clients face in navigating financial decisions and the importance of having a solid financial plan. For more information visit www.therealretireesofnewjersey.com

This week, Randy and Peggy Fisher discuss their journey as a married couple and business partners in the financial services industry. They share insights on the challenges of running a family business, the importance of client relationships, and the various services offered through their firms, Liberty Financial Group and Artemis Wealth Advisors. The discussion emphasizes the significance of retirement planning, addressing common fears about financial security, and the holistic approach they take to help clients achieve their financial goals. For more information visit www.therealretireesofnewjersey.com

A married couple is seeking advice on hiring the right financial advisor as the wife plans to retire. They are concerned about making a mistake with their $2 million portfolio and want to avoid previous bad advice. The hosts emphasize the importance of finding an advisor who is a good fit and has the client's best interests in mind. They discuss the role of emotions in financial decision-making and the need for a non-emotional, mathematical approach. They also highlight the importance of certifications and expertise in the financial industry. The hosts stress the importance of finding an advisor who is available and responsive to the client's needs. They discuss the concept of fiduciary responsibility and the potential conflicts of interest in different financial institutions. The hosts emphasize the need for open communication and a collaborative relationship between the client and advisor. They also address the topic of fees and the expectation that the fees paid should align with the services provided. The hosts conclude by highlighting their commitment to providing personalized and professional financial advice to their clients. In this conversation, Randy and Peggy discuss the importance of treating clients with respect and avoiding jargon. They emphasize the value of providing information and education to empower clients to make informed decisions. They also discuss the dynamics of couples in financial planning, highlighting the need for both partners to be engaged and knowledgeable. The conversation touches on the role of a financial advisor in managing investments and the importance of active management. They conclude by encouraging listeners to seek out the right professionals to help them make important financial decisions.

Randy and Peggy Fisher talk about retiring abroad due to the high cost of living in the United States. The hosts discuss the new inflation numbers and express skepticism about the accuracy of these figures. They explore the factors that motivate people to retire abroad, such as lower living costs and the excitement of living in a new country. The hosts also discuss the challenges and considerations of retiring abroad, including language barriers, cultural differences, and access to healthcare. They emphasize the importance of seeking advice from experienced professionals when considering a move abroad.

In this episode, Peggy and Randy Fisher discuss the financial implications of divorce and the importance of being knowledgeable about your spouse's financial situation. They highlight the need for transparency and communication in a marriage, as well as the potential risks of financial deception. The Fishers emphasize the importance of creating a financial net worth statement and regularly updating it to ensure awareness of assets and liabilities. They also discuss the impact of divorce on assets such as pensions and 401(k) accounts, and the potential for unequal division of assets. Overall, the episode serves as a reminder to be proactive and informed about your financial situation in a relationship.

Randy and Peggy Fisher talk about financial infidelity, specifically a woman who won the lottery and has not disclosed her wealth to her husband of five years. The hosts discuss the implications of hiding money in a relationship and the potential consequences of revealing the secret. They also touch on the importance of transparency and communication in a marriage, especially when it comes to financial matters. The conversation highlights the need for couples to have a clear understanding of their assets and financial plans, as well as the potential challenges that can arise when there is a lack of trust and openness.

In this conversation, financial advisors Peggy and Randy Fisher discuss the fear of a stock market bubble and the potential impact on retirees. They address the concerns raised by experts like Harry Dent and emphasize the importance of diversification and having a well-rounded financial plan. Peggy and Randy explain that while market downturns are inevitable, being prepared and having a balanced portfolio can help mitigate the impact. They also highlight the role of emergency funds and budgeting in ensuring financial stability. Overall, they encourage listeners to focus on long-term goals and not be swayed by fear-mongering or speculative predictions. for more info go to  www.libertyfingroupllc.com

Randy and Peggy Fisher discuss the dangers and pitfalls of DIY projects, both in terms of physical safety and financial well-being. The hosts share personal anecdotes and examples to highlight the importance of seeking professional help in certain areas, such as home repairs, car maintenance, and financial management. They emphasize the value of expertise, the potential consequences of DIY mistakes, and the benefits of working with professionals who can provide guidance and accountability. The conversation also touches on the role of financial advisors in helping clients with various aspects of their lives, including insurance, taxes, and major purchases. In this conversation, Peggy and Randy Fisher discuss the dangers of DIY retirement planning and the importance of working with a financial planner. They highlight the risks of making emotional investment decisions, the complexity of retirement planning, and the need for personalized strategies. They also emphasize the value of professional expertise and the potential consequences of DIY mistakes. The conversation concludes with a humorous anecdote about Randy's failed attempt at DIY electrical work. for more information go to www.libertyfingroupllc.com

Randy and Peggy Fisher discuss the topic of Social Security and its potential challenges and changes in the future. The hosts and guests discuss the impact of factors such as inflation, government spending, and means testing on the solvency of the Social Security system. They also touch on the importance of Social Security as a retirement income source and the concerns of individuals who rely on it. The conversation highlights the need for a comprehensive solution to ensure the long-term stability of Social Security. The conversation discusses the impact of potential changes to Social Security on retirement planning. It explores Biden's proposed plan to address the program's shortfall and the potential effects on high earners. The conversation also touches on the importance of proactive retirement planning, including maximizing 401(k) contributions, considering tax-free income options, and using annuities as a tool for guaranteed income. The hosts emphasize the need to work smarter and harder to ensure a secure retirement and avoid the need to return to work in retirement. They also mention the importance of using the right tools for retirement planning and the potential risks of DIY retirement planning.

Ignoring the check engine light in your car can lead to costly repairs and potential breakdowns. Similarly, neglecting your retirement plan can have serious consequences. It's important to be proactive and regularly check in with a financial advisor to ensure your retirement is on track. Just as cars have warning signs, our finances have indicators that need attention, such as net worth, debt-to-income ratio, and emergency savings. By staying on top of these factors, we can maintain a healthy financial future. Ignoring financial checkups can lead to underestimating expenses and relying on others to handle our retirement. Regular checkups and planning can prevent financial crises and provide peace of mind. In this conversation, Peggy and Randy Fisher discuss the importance of staying proactive with financial planning and making adjustments based on changing circumstances. They highlight the potential impact of the expiration of the Trump tax plan in 2025 and the need for tax-efficient strategies. They also emphasize the need to review and reallocate investments regularly to manage risk and take advantage of market opportunities. The Fishers stress the importance of regular check-ins with financial advisors to ensure that plans are aligned with current conditions and goals. for more information go to www.libertyfingroupllc.com

Unfortunately, most (if not all) couples will pass away at separate times and not holding hands in bed together. If you become a widow, there are strategies and situations that need to be addressed so you can focus on your family and not stress over about finances and paperwork. For more information visit www.therealretireesofnewjersey.com

The initial meeting with a retirement planner can be intimidating but Randy and Peggy Fisher detail that experience and how they help calm the fears of adults nervous about their finances approaching retirement.  For more information visit www.therealretireesofnewjersey.com

Who are the Fishers and what can they do for your retirement strategies? Plus, how is it being a married couple and working together on a daily basis? We invite you to get to know the Real Retirees of New Jersey.  For more information visit www.therealretireesofnewjersey.com

Take a moment to get to know Randy and Peggy Fisher, the Real Retirees of New Jersey! For more information, visit www.therealretireesofnewjersey.com