Fire Your Financial Advisor by Golden Reserve
425 episodes — Page 5 of 9
You’re a 401(k) millionaire. Now what? | Half of people got this retirement question wrong | When your advisor retires | Target Date Funds: Good or bad? | Is there really a retirement crisis?
On this week's show: Is it time to take some 401(k) profit? You want income in retirement, how do you create it? Reasons you need a new retirement planner. One 401(k) selection to think twice about. Do people really run out of money? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
The Guilty Pleasures You SHOULD Spend On in Retirement
There are 5 things that Greg sees many people enjoy and spend their money on in retirement. Maybe you should too. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Five things you should spend money on in retirement | The financial industry seems to be warming up to Greg’s thoughts on limiting fees | How Bradley Cooper is relating to one of the biggest boulders in retirement planning | How fixating on a number can lead to too much risk
On this week's show: How Golden Reserve wants to give you permission to spend. Fees in retirement planning should be based on services, not your balance. Actor Bradley Cooper became a caregiver to his dad, and it changed his life. Do you really need one million dollars to retire? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
82% of Retirees are Making This Mistake
The fear of running out of money is so real that many people are simply not spending in retirement. Greg’s mission is for you to have a plan that gives you the confidence to spend. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
A retirement lesson from Tacos | Airline fees, financial fees, which are worse? | Guess who’s celebrating your 401(k) success? | Can you win the stock-picking guessing game?
On this week's show: Stupid retirement rules we have to deal with. Who’s getting sued over fees? Why is Uncle Sam is cheering on your 401(k)? The one retirement issue that comes in dead last. 400 people working on this every hour and every day, still can’t get it right. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Solving the Biggest Mystery in Retirement Planning
Many people get to retirement and find they have underestimated how much money they will need each month. How does an income plan keep up with your changing income needs? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Is this market (and your portfolio) like an unruly teenager? | How to arrive at the right income number for retirement | You’re probably paying fees on your retirement accounts. Which ones can we limit or eliminate? | You aren’t the only one that is happy your 401(k) is up
On this week's show: The market is whipping up and down. Does your retirement account have to do the same? One of the biggest complaints in retirement is: I thought I would have more spending money. The downside of taking your pension in a lump sum. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Will an online will hold up in court?
Estate Planning attorneys Greg Aler and Tim Stallings talk about taking the shortcut of using Legal Zoom or any online service to develop a will. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Seeing is believing in retirement planning | What part of your portfolio needs a good scrubbing? | Estate Planner Tim Stalling joins us to talk about avoiding mistakes with inheritance, the pros and cons of putting your house in your child’s name, and how much should you share about your will
On this week's show: How doing the math on your retirement can make it real. Finding the dirt in your portfolio. The pitfalls of estate planning shortcuts. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Thanks, Mom, for all that you taught me
Financial lessons in life can come from many difference places, but sometimes the example that you see day in and day out from mom can be just as meaningful. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
April was the worst month of 2024 in the market. Will it continue? | What is “hostile territory” in retirement planning? | A lesson from Tom Hanks | What is your income side hustle in retirement? | A salute to mom
On this week's show: The market ups and downs continue. What does it mean to retirement savers? A phrase you don’t want to hear from your financial advisor. After Social Security and 401(k)s, where does your next check come from? Financial lessons from Mom for Mother’s Day. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
4 Retirement Mistakes to Avoid in 2024 | Do You Know Your Tax Bill In Retirement? | Does a Financial Advisor Really Get You Ahead? How Do You Know if You’re Covered with the Income You Need for Retirement?
On this week's show: Greg outlines the most common mistakes he sees people make as they plan for retirement. When it comes to taxes, there are the informed and the uninformed. Which are you? Is gold a good idea to protect yourself from a market crash? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Should you be buying gold right now?
You see the ads on TV and radio. Now even Costco is selling gold. Should you include gold in your retirement portfolio? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Estate Planning Attorney Tim Stallings talks about wills, trusts, long term care options and building a lasting inheritance | Things you SHOULD splurge on in retirement | Three signs you’ve outgrown your financial advisor
On this week's show: The conversation about protecting your money goes further than simply guarding against a market pull back. Estate Planning Attorneys Greg Aler and Tim Stallings dive into the legal issues you need to address in your retirement planning. Why financial advisors DON’T want you to spend your money. Signs it’s time to move on from your current financial advisor. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
3 Signs You’ve Outgrown Your Financial Advisor
Is your financial advisor giving you the value you deserve? Are they focused only on investments or retirement planning? Is the advisor that got you TO retirement the same advisor that should guide you THROUGH retirement? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
5 Things You’ll Never Regret Having in Your Retirement Plan
Only 18% of retirees have a written retirement plan. If you want to put it down on paper, where do you start? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Is this inflation number the new norm? | Outrageous advisor fees you should avoid | Extra steps to consider for early retirement planning? | A 401(k) lesson from Will Ferrell
On this week's show: What does this falling market and rising inflation number mean to you? Why no one is talking about advisor fees, but they should be. What happens if you want to retire before Medicare age? The tax trap of the 401(k). Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
The fee structure in the financial industry is crazy!
Where else in the world do they charge you for a product or service by how much money you have? NO WHERE! Except the financial industry... Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Financial Advisors: The more you save, the more they charge | Warren Buffett can solve the deficit | Are you losing your piece of 3.4 Trillion dollars? | Is Kiplinger listening to Expedition Retirement? | What has the average 60-year-old saved for retirement, and is it enough?
Greg Aler is joined by Golden Reserve Retirement Planner Phil Huff to discuss: Financial industry fees, holding your financial advisor accountable, Social Security, how widows get hurt by taxes, and how the financial media scares us into believing we need to keep working to attain a number. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Five Things You Can Do With Your 401(k)
Your 401(k) will probably be your biggest retirement asset. Let’s not make a mistake. We look at the good and bad of 401(k) decisions. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Should you be moving money because of interest rates? | What are your options for using your 401(k) in retirement? | Can you retire on 600k? | Airline baggage fees and financial industry fees have something in common | Is retirement stupid?
On this week's show: Interest rates are up. It’s bad if you want to buy a house. It’s great if you’re close to retirement. The dos and don’ts of your 401(k) in retirement. Congratulations! You’ve saved 600k. Is it enough? One commentator says, “Retirement is Stupid.” Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Should you be spending MORE in retirement?
We save and save for retirement. Then all of a sudden, it’s here and we have a hard time making the transition between the saving mindset and enjoying our money. Greg shows how the financial industry is partly to blame. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube. See omnystudio.com/listener for privacy information.
Estate Planning Attorney Tim Stallings talks about the legal documents you need and why | Is it possible to keep generational wealth going? | A new financial rule from Warren Buffett | Four Tell Tale signs you are too cheap in retirement
On this week's show: Medicare does not pay for long term care. How do you prepare if it happens to you? How your Roth might figure into tax and estate planning. Which buckets should you pull from first in retirement? How spending trends go in retirement and how you should enjoy your money. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Being selfish in retirement is NOT a bad thing
You raised your kids and put them through school. You have dedicated your life to your family and career. Retirement is supposed to be a time to put YOU first. But many people have a hard time doing that. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
When being financially selfish is a good thing | Why your financial advisor doesn’t want you to spend your retirement money | A tax lesson from the show Parks and Recreation
On this week's show: Being selfish is usually a bad thing, unless it’s in retirement. Why people over 75 are still in the workforce. How the lesson of the "hot stove" is being used in income planning. Taxes aren’t fair, unless you are Uncle Sam. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
People want income, not an annuity
If you talk about an annuity for retirement planning, you may get a negative reaction. If you talk about what an annuity does without calling it an annuity, people respond positively. What’s the problem here? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Why is your 401(k) not keeping up with the market? | Don’t say the “A” word! | A tax lesson from Judge Judy | Taking the emotions out of being in the stock market
On this week's show: Is there an anchor on your 401(k)? The tail end of the baby boom has a retirement problem. A retirement lesson from George on "Seinfeld". The Rolling Stones just passed up a half a billion dollars. See omnystudio.com/listener for privacy information.
There’s talk of eliminating the 401(k)
According to some studies, if the Government gets rid of the 401(k), they could save Social Security. Is there any truth to that? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
What if the Government said, “No more 401(k)s?” | Are you ignoring the biggest risk to your retirement? | We assign a mascot to each big financial company | The deadlines you need to meet before and in retirement
On this week's show: Some say the 401(k) will be gone in 10 years. Would that be a good thing? Dealing with the retirement issue no one wants to talk about. Why do-it-yourself investors eventually ask for help. What are the biggest missed opportunities in retirement planning? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Oops there it is! Is a recession coming?
Everyday in the financial headlines you can find people who believe the markets will soar and others who believe we are on the edge of disaster. Greg tries to gives us some perspective on how to sift through all the noise. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
A tax opportunity you don’t want to miss | The missing link to your 401(k) | What will healthcare cost in retirement?
On this week's show: Time may be running out to maximize your IRA-to-Roth Conversion. Your 401(k) comes up short by not providing income. How do you fix it? What will your out-of-pocket expenses be for healthcare in retirement? Tom Selleck gives us a retirement lesson about risk. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Kevin O’Leary says we need HOW MUCH to retire?
Every year there is a new number the experts say we need to retire. It keeps going up. But Shark Tank’s Kevin O’Leary has taken it to a new level. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Shark Tank’s "Mr. Wonderful" has a Crazy Retirement Number
On this week's show: The latest eye-popping number we need for retirement. Part of the financial industry needs a warning label. How reliable is Jim Cramer? What we usually miss in tax planning. A new idea for your 401(k) that has real merit. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Yellowstone star Lainey Wilson has a broke mentality
Lainey Wilson is a Country Music star and a part on the hit show "Yellowstone". But even with all her success, she still struggles with spending money. Many retirees have the same problem. See omnystudio.com/listener for privacy information.
2024 retirement rule changes | An idea to save Social Security | Yellowstone star Lainey Wilson adjusting to her financial success | How the financial industry doesn’t want you to touch your 401(k)
On this week's show: Are the 2024 retirement rules changes helping or hurting? Should Social Security use the stock market? Lainey Wilson needed to borrow $100 for Taco Bell. Mom said, “Don’t touch the hot stove.” The financial industry has the same lesson with your 401(k). Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
New Verbiage to Watch Out for From Your Financial Advisor
Greg Aler and Phil Huff of Golden Reserve look at an article for financial advisors on how to justify charging you more. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
The Problem with Financial Advisors: Too much risk, hiding fees, lining their pockets with your retirement money
A 68-year-old widow questions her advisor’s tactics. New verbiage advisors are using to take more of your money. Is the object of retirement to “die with zero?” Have 401(k)s made any improvements in the last 10 years? Is your retirement plan missing a pilot? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Should you buy the new bitcoin ETF?
Bitcoin gets a lot of press. But how do you invest in it? The SEC has now made it easier with a Bitcoin ETF. Should you make it a part of your portfolio? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
The original “Wolf of Wall Street” has surprising financial advice for you
Even though Jordan Belfort was wildly successful as a wall street trader, he has a very low opinion of financial advisors. Greg agrees and shares why he feels that way. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Retirement Advice from the real “Wolf of Wall Street” | Why Golden Reserve does tax planning AND tax preparation | Your past financial mistakes shouldn’t hold you back from a successful retirement | Are you napping on your 401(k)?
Jordan Belfort, “The Wolf of Wall Street,” is out of jail with surprising financial advice. Why part of the Golden Reserve Roadmap for Retirement is to do your taxes each year. How to recover from your financial mistakes. You have most of your savings in a 401(k). Is it on autopilot? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
How will the financial stories of 2023 unfold in 2024?
We look at interest rates, the Fed, markets, regional banks, The Magnificent 7, and more. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Overcoming the fear of running out of money
It’s the number one fear of people preparing for and in retirement: Running out of money. How the Golden Reserve "Roadmap for Retirement" can help you overcome it. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Is the 401(k) really your retirement friend?
The headlines when the 401(k) came out were great. Now that we are using it in retirement, the headlines have changed. How do you overcome the main drawbacks of the 401(k)? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Should your Roth conversions be done by a certain age?
Moving money from a taxable bucket to a Roth can help with your tax liabilities in retirement. Is there a point when it’s too late? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Should you have a cash slush fund? | In what part of retirement planning are you “high risk?” | Is your 401(k) on autopilot? | A 5-year fight over a celebrity estate is almost over | Is there a deadline for a Roth conversion? | How the financial industry plays with your head
How much cash is your advisor telling you to have on hand? Should you be buying insurance in your 60s? Is your 401(k) working overtime or stuck in a rut? Another celebrity who should have done better estate planning. Is there an age when Roth conversions no longer help? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Why is “spend down” a dirty phrase in the financial world?
Should you rely on your retirement savings to kick off income and never touch your principle? We talk about creating income from your 401(k) and the idea of spending some of your principle. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Is it ok to spend down your retirement savings principle? | One of the more confusing financial headlines we’ve ever seen | A financial giant has passed away | Your politicians are making moves to save Social Security and reduce financial fees | A crazy idea to beat inflation
Why is “spend down” a dirty phrase in the financial world? Can anyone really tell me what a fiduciary is? Batman has lost Robin at Berkshire Hathaway. New ideas from the Senate and the White House to save your retirement money. Ron Barron explains his plan to beat inflation. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
Your "5 years before retirement" checklist
Yahoo Finance compiled a list of things you need to look at in the 5 years before retirement. Greg breaks them down and talks about how Golden Reserve's Roadmap for Retirement can help prepare for that day you hang up the cleats. See omnystudio.com/listener for privacy information.
Is the financial industry trying to scare you? | TIAA is being sued | Has Dave Ramsey gone crazy? | How much more return will you get on your money by working with a financial advisor?
Is running out of money a real thing or a financial industry scare tactic? A pension company trying to up your fees. Are you a list maker? Time for your retirement checklist. Dave Ramsey is taking a lot of heat for a controversial statement. How much more money will you make working with a financial advisor? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.
When do you step in when your parents start to decline?
We all forget things, but when you see a pattern with your parents, what do you do? How do you step in to prevent a financial mistake due to cognitive decline?See omnystudio.com/listener for privacy information.