Imagine retiring right before the Covid-19 pandemic.. The markets plummeted by double digits!

So how can you ensure your retirement plan is not significantly disrupted by such market volatility? More importantly, how can you ensure you don’t run out of money?

Charlie Massimo and Peter Anastasian answer these questions in this episode. Tune in to learn how to use a “bucket” approach and effectively plan your income and spending for the rest of your life.

Charlie and Peter discuss: 
The pivotal shift from accumulation to distribution mode as retirement approaches
Short-term, midterm, and long-term buckets and their respective allocations
Avoiding common investment mistakes driven by emotions
How to prepare for unexpected life events in retirement
And more

Connect with Wealth Enhancement Group:
1-631-777-1030
Wealth Enhancement Group
LinkedIn: Charlie Massimo
LinkedIn: Peter Anastasian

Disclosures

The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for an individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services.

All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Imagine retiring right before the Covid-19 pandemic.. The markets plummeted by double digits!
So how can you ensure your retirement plan is not significantly disrupted by such market volatility? More importantly, how can you ensure you don’t run out of money?
Charlie Massimo and Peter Anastasian answer these questions in this episode. Tune in to learn how to use a “bucket” approach and effectively plan your income and spending for the rest of your life.
Charlie and Peter discuss: 
<ul>
<li aria-level="1">The pivotal shift from accumulation to distribution mode as retirement approaches</li>
<li aria-level="1">Short-term, midterm, and long-term buckets and their respective allocations</li>
<li aria-level="1">Avoiding common investment mistakes driven by emotions</li>
<li aria-level="1">How to prepare for unexpected life events in retirement</li>
<li aria-level="1">And more</li>
</ul>
Connect with Wealth Enhancement Group:
<ul>
<li aria-level="1">1-631-777-1030</li>
<li aria-level="1"><a href="https://www.wealthenhancement.com/s/advisor-teams/massimo-anastasian">Wealth Enhancement Group</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/charlesmassimo/">LinkedIn: Charlie Massimo</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/peteranastasian/">LinkedIn: Peter Anastasian</a></li>
</ul>
<ul></ul>
Disclosures
The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for an individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.
Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Welcome to Your Pathways To Wealth, where Charlie Massimo and Peter Anastasian are on a mission to bring clarity to the world of finances. Together they bring a wealth of knowledge along with years of experience to help you uncover a way to simplify your financial life and help you preserve what you've built and enjoy what you've earned. Join Charlie and Peter, and their guest experts, as they venture to help you continue to grow your wealth.

Your Pathways To Wealth

You’re listening to Your Pathways To Wealth, a podcast hosted by Charlie Massimo and Peter Anastasian. In this series,You will meet great people who have successfully created and built their wealth, who will share their personal stories and financial strategies with you.

You’re listening to Your Pathways To Wealth, a podcast hosted by Charlie Massimo and Peter Anastasian. In this series,You will meet great people who have successfully created and built their wealth, who will share their personal stories and financial strategies with you.

Imagine retiring right before the Covid-19 pandemic. The markets plummeted by double digits! So how can you ensure your retirement plan is not significantly disrupted by such market volatility? More importantly,

The Bucket Strategy: How to Effectively Plan Your Retirement Income and Spending (Ep. 20)

Allison Kleinman and Alex LoPinto from Future Centered Care discuss their work in supporting individuals with developmental disabilities and their families. They share their personal journeys and how they came to create Future Centered. The conversation covers topics such as employment, housing, and overseeing care as adults age. They emphasize the importance of creating future options and overseeing care for individuals with disabilities. They also discuss the challenges of finding suitable housing and managing expectations. The conversation highlights the need for personalized and tailored support for each family and individual. Future Centered aims to provide housing solutions and support for adults with intellectual and developmental disabilities. They focus on creating individualized programs and promoting inclusivity. They offer various models, such as live-in caregivers and clustered housing, to address the housing needs of this population. Future Centered also works on advocating for set-aside housing and educating developers on the incentives available. They emphasize the importance of sustainability and building a strong support network. The organization aims to expand its footprint beyond New York City and provide resources to families across the country.

Takeaways:
Future Centered Care provides support for individuals with developmental disabilities and their families, focusing on employment, housing, and overseeing care as adults age.
They work closely with families to create personalized plans and goals, addressing immediate, intermediate, and long-term needs.
Managing expectations is crucial, and they emphasize the importance of open communication and regular updates.
Finding suitable housing is a significant challenge, and they explore various options and resources available to families.
Collaboration with wealth managers and financial planning is essential to ensure adequate funding for future needs.
They promote inclusivity and individualized programs to meet the unique needs of each individual.
Future Centered Care advocates for set-aside housing and educates developers on incentives.
Building a strong support network and ensuring sustainability are key goals for Future Centered Care.

Connect with Wealth Enhancement Group:
1-631-777-1030
Wealth Enhancement Group
LinkedIn: Charlie Massimo
LinkedIn: Peter Anastasian

Disclosures

The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for an individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services.

All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Allison Kleinman and Alex LoPinto from Future Centered Care discuss their work in supporting individuals with developmental disabilities and their families. They share their personal journeys and how they came to create Future Centered. The conversation covers topics such as employment, housing, and overseeing care as adults age. They emphasize the importance of creating future options and overseeing care for individuals with disabilities. They also discuss the challenges of finding suitable housing and managing expectations. The conversation highlights the need for personalized and tailored support for each family and individual. Future Centered aims to provide housing solutions and support for adults with intellectual and developmental disabilities. They focus on creating individualized programs and promoting inclusivity. They offer various models, such as live-in caregivers and clustered housing, to address the housing needs of this population. Future Centered also works on advocating for set-aside housing and educating developers on the incentives available. They emphasize the importance of sustainability and building a strong support network. The organization aims to expand its footprint beyond New York City and provide resources to families across the country.
Takeaways:
<ul>
<li>Future Centered Care provides support for individuals with developmental disabilities and their families, focusing on employment, housing, and overseeing care as adults age.</li>
<li>They work closely with families to create personalized plans and goals, addressing immediate, intermediate, and long-term needs.</li>
<li>Managing expectations is crucial, and they emphasize the importance of open communication and regular updates.</li>
<li>Finding suitable housing is a significant challenge, and they explore various options and resources available to families.</li>
<li>Collaboration with wealth managers and financial planning is essential to ensure adequate funding for future needs.</li>
<li>They promote inclusivity and individualized programs to meet the unique needs of each individual.</li>
<li>Future Centered Care advocates for set-aside housing and educates developers on incentives.</li>
<li>Building a strong support network and ensuring sustainability are key goals for Future Centered Care.</li>
</ul>
Connect with Wealth Enhancement Group:
<ul>
<li aria-level="1">1-631-777-1030</li>
<li aria-level="1"><a href="https://www.wealthenhancement.com/s/advisor-teams/massimo-anastasian">Wealth Enhancement Group</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/charlesmassimo/">LinkedIn: Charlie Massimo</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/peteranastasian/">LinkedIn: Peter Anastasian</a></li>
</ul>
Disclosures
The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for an individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.
Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Allison Kleinman and Alex LoPinto: Future Centered Care

Becky Fawcett, founder of Help Us Adopt, shares her journey of starting a nonprofit organization that provides financial assistance to families to help with the cost of adoption. She discusses the challenges she faced in her own adoption journey and how it inspired her to help others. Becky highlights the importance of family equality and the need for larger adoption grants to truly solve the financial barriers. She also talks about the changing landscape of adoption, including the impact of social media and the effects of COVID-19 and war on international adoptions. Becky emphasizes the significance of open adoptions and the positive experiences she has had with birth parents. She concludes by discussing the growth of Help Us Adopt. Becky Fawcett discusses how she built an amazing board for HelpUsAdopt.org and the importance of running a nonprofit like a business. She emphasizes the need for fiscal responsibility and making decisions that align with the organization's mission. Becky shares her strong-willed and aggressive approach to building the organization and not being afraid to make tough decisions. She also talks about the importance of knowing the difference between 'no' and 'not yet' and the power of perseverance.

Takeaways
The cost of adoption is a significant obstacle for many families, and organizations like Help Us Adopt provide crucial financial assistance.
Family equality is an important aspect of adoption, and it is essential to support all types of families.
The landscape of adoption has changed with the rise of social media and the impact of COVID-19 and war on international adoptions.
Open adoptions can be a positive experience for all parties involved and can create lifelong connections.
Help Us Adopt has grown from a small organization to a national one with a focus on providing larger grants to solve the financial barriers of adoption.
Building a strong board is crucial for the success of a nonprofit organization.
Running a nonprofit like a business, with fiscal responsibility and strategic decision-making, is essential for long-term growth.
Knowing the difference between 'no' and 'not yet' can help navigate challenges and setbacks.
Finding your purpose doesn't necessarily mean starting a nonprofit; it can be about making a difference in any area that you care about.
Recommended books: 'The Authenticity Project' by Clare Pooley and 'American Baby' by Gabrielle Glaser.

Connect with Wealth Enhancement Group:
1-631-777-1030
Wealth Enhancement Group
LinkedIn: Charlie Massimo
LinkedIn: Peter Anastasian

Disclosures

The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for an individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services.

All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Becky Fawcett, founder of Help Us Adopt, shares her journey of starting a nonprofit organization that provides financial assistance to families to help with the cost of adoption. She discusses the challenges she faced in her own adoption journey and how it inspired her to help others. Becky highlights the importance of family equality and the need for larger adoption grants to truly solve the financial barriers. She also talks about the changing landscape of adoption, including the impact of social media and the effects of COVID-19 and war on international adoptions. Becky emphasizes the significance of open adoptions and the positive experiences she has had with birth parents. She concludes by discussing the growth of Help Us Adopt. Becky Fawcett discusses how she built an amazing board for HelpUsAdopt.org and the importance of running a nonprofit like a business. She emphasizes the need for fiscal responsibility and making decisions that align with the organization's mission. Becky shares her strong-willed and aggressive approach to building the organization and not being afraid to make tough decisions. She also talks about the importance of knowing the difference between 'no' and 'not yet' and the power of perseverance.
Takeaways
<ul>
<li>The cost of adoption is a significant obstacle for many families, and organizations like Help Us Adopt provide crucial financial assistance.</li>
<li>Family equality is an important aspect of adoption, and it is essential to support all types of families.</li>
<li>The landscape of adoption has changed with the rise of social media and the impact of COVID-19 and war on international adoptions.</li>
<li>Open adoptions can be a positive experience for all parties involved and can create lifelong connections.</li>
<li>Help Us Adopt has grown from a small organization to a national one with a focus on providing larger grants to solve the financial barriers of adoption.</li>
<li>Building a strong board is crucial for the success of a nonprofit organization.</li>
<li>Running a nonprofit like a business, with fiscal responsibility and strategic decision-making, is essential for long-term growth.</li>
<li>Knowing the difference between 'no' and 'not yet' can help navigate challenges and setbacks.</li>
<li>Finding your purpose doesn't necessarily mean starting a nonprofit; it can be about making a difference in any area that you care about.</li>
<li>Recommended books: 'The Authenticity Project' by Clare Pooley and 'American Baby' by Gabrielle Glaser.</li>
</ul>
Connect with Wealth Enhancement Group:
<ul>
<li aria-level="1">1-631-777-1030</li>
<li aria-level="1"><a href="https://www.wealthenhancement.com/s/advisor-teams/massimo-anastasian">Wealth Enhancement Group</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/charlesmassimo/">LinkedIn: Charlie Massimo</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/peteranastasian/">LinkedIn: Peter Anastasian</a></li>
</ul>
Disclosures
The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for an individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.
Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Becky Fawcett: Building and Growing Help Us Adopt

Laurie Spampinato shares her experience of rebuilding her life and managing her finances after the tragedy of 9/11 with hosts Charlie Massimo and Peter Anastasian. She discusses the importance of being financially prepared and having a plan in place, as well as the role of women in managing wealth. Laurie emphasizes the need for open communication and involvement in financial matters, regardless of gender. She also highlights the importance of prioritizing goals and making smart financial decisions to ensure a stable future. In this conversation, Laurie discusses the importance of trusted support and the need for women to be involved in financial planning. She shares her experience of losing her husband and the challenges she faced as a widow. Laurie emphasizes the value of having a trusted advisor and the importance of preparing for the unexpected. She also talks about her changing priorities as her children have grown up and the need to balance saving for the future with enjoying the present.

Takeaways
Be financially prepared and have a plan in place for unexpected events.
Open communication and involvement in financial matters are crucial.
Prioritize goals and make smart financial decisions for a stable future.
Trusted support is crucial for individuals who have lost a spouse unexpectedly.
Having a trusted advisor, such as a fiduciary, can provide guidance and help make informed financial decisions.
Everyone should be actively involved in financial planning and have open conversations with their partners about their financial goals and priorities.
Preparing for the unexpected, such as the loss of a spouse or divorce, is essential for financial security.
Balancing saving for the future with enjoying the present is a challenge that many individuals face.

Connect with Wealth Enhancement Group:
1-631-777-1030
Wealth Enhancement Group
LinkedIn: Charlie Massimo
LinkedIn: Peter Anastasian

Disclosures

The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for an individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services.

All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Laurie Spampinato shares her experience of rebuilding her life and managing her finances after the tragedy of 9/11 with hosts Charlie Massimo and Peter Anastasian. She discusses the importance of being financially prepared and having a plan in place, as well as the role of women in managing wealth. Laurie emphasizes the need for open communication and involvement in financial matters, regardless of gender. She also highlights the importance of prioritizing goals and making smart financial decisions to ensure a stable future. In this conversation, Laurie discusses the importance of trusted support and the need for women to be involved in financial planning. She shares her experience of losing her husband and the challenges she faced as a widow. Laurie emphasizes the value of having a trusted advisor and the importance of preparing for the unexpected. She also talks about her changing priorities as her children have grown up and the need to balance saving for the future with enjoying the present.
Takeaways
<ul>
<li>Be financially prepared and have a plan in place for unexpected events.</li>
<li>Open communication and involvement in financial matters are crucial.</li>
<li>Prioritize goals and make smart financial decisions for a stable future.</li>
<li>Trusted support is crucial for individuals who have lost a spouse unexpectedly.</li>
<li>Having a trusted advisor, such as a fiduciary, can provide guidance and help make informed financial decisions.</li>
<li>Everyone should be actively involved in financial planning and have open conversations with their partners about their financial goals and priorities.</li>
<li>Preparing for the unexpected, such as the loss of a spouse or divorce, is essential for financial security.</li>
<li>Balancing saving for the future with enjoying the present is a challenge that many individuals face.</li>
</ul>
Connect with Wealth Enhancement Group:
<ul>
<li aria-level="1">1-631-777-1030</li>
<li aria-level="1"><a href="https://www.wealthenhancement.com/s/advisor-teams/massimo-anastasian">Wealth Enhancement Group</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/charlesmassimo/">LinkedIn: Charlie Massimo</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/peteranastasian/">LinkedIn: Peter Anastasian</a></li>
</ul>
Disclosures
The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for an individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.
Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

The Bucket Strategy: How to Effectively Plan Your Retirement Income and Spending (Ep. 20)

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