Joe Murphy discusses the significant demographic shift known as Peak 65

Joe Murphy discusses the significant demographic shift known as Peak 65, where over 4 million Americans are expected to retire annually through 2027. He highlights the challenges retirees face, including a shortage of qualified financial advisors and rising healthcare costs. Joe emphasizes the impo…

Joe Murphy discusses the implications of the Japanese carry trade

Joe Murphy discusses the implications of the Japanese carry trade, the risks associated with adjustable rate mortgages, strategies for Roth conversions, the complexities of single premium immediate annuities (SPIAs) in legacy planning, and the benefits of annuities in retirement planning. Each topi…

Joe Murphy discusses the essential steps to replace your paycheck in retirement.

Joe Murphy discusses the essential steps to replace your paycheck in retirement. He emphasizes the importance of planning, budgeting for expenses, understanding healthcare costs, and assessing your financial situation. Joe also covers withdrawal strategies, creating multiple income streams, and the…

Joe Murphy discusses a revolutionary proposal for a national retirement savings program.

Joe Murphy discusses a revolutionary proposal for a national retirement savings program put forth by Zach Buchwald, CEO of Russell Investments. They explore the implications of this proposal, comparing it to existing systems in Australia and the Netherlands, and delve into the complexities of retir…

Joe Murphy and Steve Sedahl discuss the implications of Trump-era tariffs on inflation and the economy, emphasizing the importance of understanding these policies for retirees.

Joe Murphy and Steve Sedahl discuss the implications of Trump-era tariffs on inflation and the economy, emphasizing the importance of understanding these policies for retirees. They explore the potential benefits and drawbacks of tariffs, particularly in relation to energy prices and domestic produ…

Joe Murphy and Steve Sedahl delve into the world of exchange-traded funds (ETFs) and mutual funds, highlighting their differences, advantages, and how they can be utilized for retirement planning.

Joe Murphy and Steve Sedahl delve into the world of exchange-traded funds (ETFs) and mutual funds, highlighting their differences, advantages, and how they can be utilized for retirement planning. Joe explains the significance of understanding the nuances between various ETFs, including dividend an…

Joe Murphy discusses the critical concept of risk tolerance in retirement planning and investment strategies.

Joe Murphy discusses the critical concept of risk tolerance in retirement planning and investment strategies. He emphasizes the importance of understanding individual risk tolerance, which can change over time due to various factors such as age, income, investment experience, and personal goals. Jo…

Joe Murphy emphasizes the importance of budgeting as a foundational element of financial health, especially for younger clients.

Joe Murphy emphasizes the importance of budgeting as a foundational element of financial health, especially for younger clients. He discusses strategies for maximizing retirement contributions and the benefits of tax loss harvesting. The conversation highlights the need for financial literacy and d…

Joe Murphy discusses the common missteps people make when saving for retirement.

Joe Murphy discusses the common missteps people make when saving for retirement. He emphasizes the importance of starting early, understanding investment risks, and having a solid emergency fund. The conversation also covers the rising costs of healthcare and the need for a comprehensive retirement…

Joe Murphy delves into the significant wealth held by Baby Boomers and the importance of effective estate planning.

Joe Murphy delves into the significant wealth held by Baby Boomers and the importance of effective estate planning to ensure that this wealth is preserved and transferred efficiently to future generations. The discussion highlights the challenges posed by changing tax laws, healthcare costs, and th…