In today's podcast, Jason interviews Anne Lester about her new book, "Your Best Financial Life: Save Smart Now for the Future You Want." Anne is a retirement expert, formerly serving as the Head of Retirement Solutions for JPMorgan Asset Management, where she dedicated nearly 30 years of her career. During the interview, Anne not only shares insights from her own retirement journey but also discusses the aspects of retirement she eagerly anticipates in this new phase of life. She offers...

Here is a question for you to consider. What's the point of accumulating wealth for retirement if poor health prevents you from enjoying it? Recenlty I have had people noticing that I have lost weight, commenting on how skinny I have become and asking me what I was doing. And I have to tell you I am feeling great. So in todays podcast I'm going to share with you what changed and how I've been able to lose 20 pounds in four months and also lose the belly fat. I'm going to share my diet and...

In this Easter special episode, Jason welcomes Tim Tenbrink as a guest to delve into the topic of biblical stewardship.

In today's podcast we cover a lot of retirement topics. The reason I wanted to share this podcast episode with you is because we talked about finding purpose in this next phase of life. I want all of the people who listen to Sound Retirement Radio to achieve Clarity, Confidence and Freedom and I want you to retire too something, not from something. In this podcast we discuss 7 exercises you can use to help you achieve a greater sense of clarity. The free PDF document we discuss in this...

In today's podcast episode, I want to explore how to evaluate if it makes sense to sell a rental property. Many people we have served over the years own rental properties and rental properties can be a great tool for retirement because they generate predictable inflation-adjusted income. However rental properties can have their drawbacks as well. In today's show, I am going to share the process that we use to help people evaluate if they should keep or sell a rental property from the...

It is my good fortune to have Wes Crill, PhD as a guest on the podcast today. Wes is a senior investment director and Vice President with Dimensional Fund Advisors. Prior to joining Dimensional, he was a PhD student studying materials science engineering at North Carolina State. His research focused on modeling engineering processes at a scale of 1 billionth the size of a human hair. In today's podcast we discuss the difference between investing and gambling. The benefits of global...

One of my clients recently forwarded an article with the headline that reads "US economist predicts 2024 will bring "Biggest crash of our lifetime". Here is a quote from the article  "This is the one time I'm telling you, do not listen to your financial adviser. Things are not going to come back to normal in a few years. We may never see these levels again. And this crash is not going to be a correction. It's going to be more in the '29 to '32 level. And anybody who sat through that would...

Will the outcome of the next presidential election have an impact on your investment strategy? Should it? Will you be making changes to your investments depending on who is elected? Articles, Links & Resources Visit: https://soundretirementplanning.com/ We're on YouTube! Are you DIY?  Be sure to check out the Retirement Budget Calculator LET'S CONNECT: Facebook LinkedIn Website  

In todays podcast I'm going to share some of my favorite things in 2023. You will notice I'm releasing this episode on Black Friday. It's time to get your wallet out and start shopping. This time of year give me a bit of anxiety because I'm not very good at buying gifts. I remember when Oprah used to do her Favorite things TV show and everyone in the audience would receive gifts, well no such luck in todays podcast you guys are not getting anything other than ideas. But finding the perfect...

We made it. Following today's podcast, I am excited to announce that all 13 chapters of my latest book have been recorded and released as a free podcast exclusively for you, our listening community. Soon we will be releasing the audiobook. If you listen to, or read the entire book you will notice that it starts with a basic framework for a comprehensive retirement financial plan and each chapter builds on the next. I sure appreciate the opportunity to teach you the concepts, ideas and...

In this podcast episode, I will provide compelling reasons for you to seriously consider the benefits of hiring a financial advisor. Why it is important to avoid high fees and commissions. To comprehend the potential value that advisors can offer, we examine studies conducted by Canada, Vanguard, Morningstar, and Envestnet PMC. Hiring a financial advisor can bring peace of mind, as it helps us uncover the unknowns we didn't even realize existed. Hiring a financial advisor can provide valuable...

In today's podcast, you are going to learn about Medicare. Medicare is a comprehensive health insurance program that becomes available to most individuals when they reach the age of 65. We cover topics such as, What are the different parts of Medicare, when should you enroll? How much should you budget for Medicare? Insurance often stands out as the most significant expense for those who have successfully paid off their mortgage. Medicare is a good deal once you turn 65 and you will want to...

In today's podcast, we are going to explore Rebalancing. We will look at investment portfolio construction, how rebalancing is implemented and when you should consider doing the rebalancing. When you are getting ready to retire you will begin to think more about how your investments can generate cash flow and you will likely feel the need to reduce volatility when you begin taking portfolio withdrawals. Rebalancing serves primarily as a risk mitigation tool rather than a means of maximizing...

In Chapter 9, we delve into the importance of asset allocation and the pursuit of higher expected returns using academic research to inform our investing strategy. The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you. When you hire our team, we offer a comprehensive review of your current investments,...

In Chapter 8, we dive into investing strategies. I spend the first couple of pages of this chapter talking about diversification of your money across time segments, often called buckets. Since the publication of this book I have completed some additional back testing of a bucket strategy using a bucket simulator that one of our RBC community members developed and which you have access to. One of the things I was attempting to do in the buckets backtest was to simplify buckets by spending them...

In Chapter 7, we dive into retirement withdrawal strategies. We will look at the 4% withdrawal rule, the buckets strategy (which is similar to the barbel strategy), Dynamic withdrawals, the RMD rule, Spending floors, only spending dividends and interest and never touching the principal. There are pros and cons to each of these strategies but at the end of the day you will need to pick the strategy that makes the most sense for you. The Retirement Budget Calculator is an intuitive tool that...

In Chapter 6, we dive into the crucial decision of when to start claiming social security benefits. For many individuals, this choice can determine whether they have sufficient funds for retirement or face financial challenges later on. Implementing an effective social security claiming strategy can potentially result in an additional $50,000 to $100,000 of lifetime income. For many people social security is the only guaranteed income they will have in retirement. It is prudent to dedicate...

This special episode because I wanted to address some of the concerns we are hearing from people regarding stock market volatility and some of the news headlines. The title of this episode is "Down But Not Out". The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you. When you hire our team, we offer a...

How much money do you need to retire? What impact will inflation have on your retirement? When should you start social security? How long will your money last? These are the topics I cover in my book and as we prepare to launch the audio version of the book I am giving you one chapter per week as a podcast episode. In episode 409, we delve into the crucial topic of retirement spending. Understanding your expenses plays a vital role in determining if your savings are sufficient....

How long does your money need to last?  In this chapter I discuss longevity and some of the tools you can use to estimate your life expectancy.  Click here for a video on how to use the Society of Actuaries Longevity Calculator. The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you. When you hire our...

I'm excited to announce the upcoming release of the audio version of my book, "Retirement Calculator: How much money do I need to retire?". As a token of appreciation to our podcast listeners, I'll be unveiling one chapter per week as a podcast episode. In essence, over the course of the next 13 weeks, you'll have the opportunity to enjoy the entire audiobook completely free of charge. The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any...

I'm excited to announce the upcoming release of the audio version of my book, "Retirement Calculator: How much money do I need to retire?". As a token of appreciation to our podcast listeners, I'll be unveiling one chapter per week as a podcast episode. In essence, over the course of the next 13 weeks, you'll have the opportunity to enjoy the entire audiobook completely free of charge. Be sure to visit SoundRetirementPlanning.com and click on episode #406 for articles, links and resources...

I'm excited to announce the upcoming release of the audio version of my book, "Retirement Calculator: How much money do I need to retire?". As a token of appreciation to our podcast listeners, I'll be unveiling one chapter per week as a podcast episode. In essence, over the course of the next 13 weeks, you'll have the opportunity to enjoy the entire audiobook completely free of charge. The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any...

In today's podcast, I am going to explain why it's important to think carefully before claiming your social security benefits and why starting social security at age 62 may not always be the best choice. For Articles, Links & Videos and Resources Visit: https://soundretirementplanning.com/ We're on YouTube! VIDEO: The Shocking Truth About When To Start Social Security Be sure to check out the Retirement Budget Calculator LET'S CONNECT: Facebook LinkedIn Website Buy...