The Retirement Cafe

Ep 39: The Wealth Planning Pyramid

This week on the Retirement Café we are going to discuss the Wealth Planning Pyramid. It’s something Dan and Brent use regularly in their practice, and they felt it would be beneficial to spend some time reviewing it.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 38: Should I Be Working With A Fiduciary?

One of the buzzwords around financial planning and investment management is fiduciary. On today’s show we are going to spend some time talking about what a fiduciary is and if a fiduciary may be appropriate for your needs.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 37: All About Roth IRAs

Today we are going to discuss one of the most powerful tools in financial planning. The Roth IRA. They have been around for over 20 years, but many people don’t fully understand what they are and if they should be using them. Hopefully we will be able to clear much of that up today for everyone listening!

Contact:

https://www.averywealth.com/

517-783-1695

Ep 36: All About Required Minimum Distributions

One of the more confusing parts of owning a retirement account is required minimum distributions. Today we are going to jump into the topic and try to help you better understand what RMD’s are and how they can affect your retirement planning.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 35: Sudden Wealth - Blessing Or A Curse?

When we think about receiving a large lump sum of money, we tend to look at that as a positive thing. However, if you look at the statistics among NFL players and lottery winners, they end up filing for bankruptcy only a couple years after receiving those big checks. On today's show, Dan and Brent talk about some proactive steps you should take when receiving a large amount of money and where most people go wrong.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 34: Avoid the Herd! Get Your Free College Money Report

College is one of the most expensive investments you will make in your life. But most people do not shop for college in the same way they would for a house, or car. Instead, they ask their child what university they're interested in, visit the campus, and worry about the cost later. Dan and Brent talk to us about a tool that will help compare prices between different universities and help shop smarter for college.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 33: Is A Picture Worth A Thousand Words With Your Money?

On this show, we want you to look at your finances in a different way: visually. Research shows that many people learn and understand concepts better when they can see them in a visual format versus in other ways. So Brent and Dan are going to break this down today and discuss some of the tools they use to present information visually.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 32: The Groundhog 401(K)

Today's episode is all about better understanding your 401(k) plan and strategies that you may be able to use to optimize it.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 31: Success Key - Tracking Your Past, Present and Future

Today’s episode is all about keeping tabs on where you have been, where you are currently, and where you are heading. Dan and Brent consider this one of the biggest keys to long-term success. It also can be one of the most challenging tasks when dealing with money.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 30: Understanding Your Tax Return Is The Key To Building Wealth

On today’s episode we are going to discuss the importance of understanding your tax return and how it can contribute to building more wealth. We all know that taxes are a reality and that they can be confusing! Hopefully we can help improve your understanding on the subject and provide a great tool to help you understand your specific return better.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 29: Does Diversification Even Matter?

Diversification is one of the most important fundamental investing ideals. This concept seems to be misunderstood and many people's portfolios aren't truly diversified. We address what proper diversification might look like and debunk some of the popular misconceptions.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 28: Why You Need a Retirement Income Plan

There are many people that feel like they will never be able to retire. They worry that they will not have enough money to live off of to be comfortable, but this can be solved by developing an income plan. Knowing where your different streams of income are coming from each month can ease this worry and give you the confidence to finally retire. Dan and Brent talk us through how they build income plans for their clients and what considerations they have to make throughout this process.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 27: How to Avoid Medicare Penalties

Medicare can be difficult to understand because it contains a variety of moving parts. There are a lot of misconceptions about the coverage you receive and what the different parts provide. Dan and Brent look to clear up some confusion with Medicare and discuss the penalties if you apply late and some possible remedies to solve that situation.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 26: 5 Keys to Avoiding College Debt

College debt is a hot topic in the United States right now. Year after year, the cost of college continues to get more expensive and students graduate with a large amount of debt as they enter the workforce. On today's show, we talk about some proactive strategies you can do to hopefully cut down on some of the costs.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 25: What Should Your Financial Goals Be?

Today we are going to have some fun with financial goals and help you realize that everyone has things that are important to them and often through a simple conversation with a qualified advisor, you can quickly get excited about your financial future and begin to make progress towards the things that are most important to you.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 24: GameStop, Bitcoin, and Diet Pills

In today’s episode we are going to talk about some of the recent financial news around GameStop and Bitcoin and in a funny way, how they may relate to diet pills.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 23: Is Your Annual Investment Review Actually Helping You?

Most financial professionals make it a point to have an annual review done with you to look over your portfolio and see how everything has been doing. These reviews should make you feel secure in your plan moving forward, however, some advisors have this review to see if they can sell you another financial product. Dan and Brent talk today on what their annual reviews look like and some red flags you should be weary of.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 22: How Years Like 2020 Can Ruin Your Financial Plan

2020 was not an easy year to be an investor in the stock market. After nearly a decade of a bull market, things quickly took a sharp downturn in March with news of the pandemic. This decline instilled fear in a lot of people and caused some to even pull their money out of the market at a loss. Today the Dan and Brent look back on the stock market's performance for 2020 and put some numbers behind a hypothetical portfolio going through a year like 2020.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 21: Four Stages of Money - Your Legacy

This is the last installment of our retirement phase series. It's not easy to discuss how you would like your assets to be distributed when you are gone, but it is certainly an essential conversation to have. We take a look at some items you should review, making your assets tax-efficient, and much more.

Contact:

https://www.averywealth.com/

517-783-1695

Ep 20: Four Stages of Money - The Distribution Phase

Now that you have accumulated money and have transitioned into retirement, it's important to strategically plan out how you will use your assets to live off of. We discuss how to make your distribution plan efficient and a couple things to take a closer look at when you enter this phase.

Contact:

https://www.averywealth.com/

517-783-1695

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