Fire Your Financial Advisor by Golden Reserve

We love when our IRA grows, but so does Uncle Sam. The higher the balance, the more the tax bill. Greg plays Myth Buster and problem solver at the same time.See omnystudio.com/listener for privacy information.

Fiduciary is just a made-up title that means nothing How the Golden Reserve Tax Map can help with your IRA Protect and plan against the high cost of Long-Term Care Vanguard says the market will return 3-5% over next 10 years. Is that enough? Get out of the market; be safe, not greedy. See omnystudio.com/listener for privacy information.

Each week we highlight a listener question. This week Mike from Maumee asks about ways to develop income, what his returns should be, and how to handle when Uncle Sam says he has to dip into his 401(k).See omnystudio.com/listener for privacy information.

You’re not going to live forever Mike of Maumee asks about income, returns, and RMDs. What happens when you turn 72 Milk inflations won’t ruin your retirement If you didn’t pay your financial advisor, would they still be your friend? Our Myth Buster segment blows up another retirement list. What happens when you tell your kids “I’m spending the money on me”? The confusing language of the CEO of Edward Jones is actually revealing. See omnystudio.com/listener for privacy information.

It’s a classic story. When the market is up, the financial advisor takes credit, when the market is down…well, that’s just what the market does. Hang in there it will come back. Are you ok with that?See omnystudio.com/listener for privacy information.

When the market is down, “stay the course” just doesn’t cut it anymore. Anne Heche dies and doesn’t have a will in place. Why is it important for you? If you think you don’t have enough money to justify getting financial help, think again. Why Greg believes your financial advisor is not your friend, even if they make it look that way. Retiring requires a multi-faceted TEAM to do so, not just a single financial advisor. See omnystudio.com/listener for privacy information.

ESG investing is using your moral compass to pick your investments. It’s trendy, but some are saying it may be against the fiduciary standard for financial advisors. And we’re saying, it really doesn’t matter and it’s all a facade.See omnystudio.com/listener for privacy information.

Uncle Sam is going to screw your spouse and kids. Take the chips off the table because you’re already ahead. One of the new hip catchphrases in financial planning is ESG investing. Is it right for you? Is it right for anyone? Financial advisors make up terms and acronyms to hide their lack of services. It’s time to look at your tax liabilities in retirement over the long term. The last leg of a recession is usually the worst. Is that where we’re headed? See omnystudio.com/listener for privacy information.

Not all annuities are bad! Don’t believe the lie. It’s time to debunk yet another article as Greg pulls back the curtain on why the financial industry wants to steer you away from these safer options.See omnystudio.com/listener for privacy information.

The goal of retirement is to enjoy being retired, not to worry. Make your retirement exciting by making your retirement plan boring. Should your 6-month emergency cash fund actually be 24 months? Are there better alternatives to cash? Is your 401(k) a good bridge to filing social security later? You’re actually UP about 350% over the last 10 years.See omnystudio.com/listener for privacy information.

Can you sleep at night? That’s the test to figure out if you have the optimal portfolio. There’s a time when it’s okay to celebrate, say “I made it”, take the chips off the table, and go retire in peace.See omnystudio.com/listener for privacy information.

Financial advisors take credit for a good market and tell you to sit tight during a bad market—don’t pay 1% for this “advice”. Plus, let’s talk about how to beat Uncle Sam.See omnystudio.com/listener for privacy information.

$10k a month is the average cost for a nursing home. And 70% of Americans will need some type of Long-Term Care. Are your life’s savings secure? Asset-protection Trusts might be the answer.See omnystudio.com/listener for privacy information.

How we make your retirement exciting and your retirement plan boring. Bonds may not be the best place to find retirement income. Are annuities a good option? It’s okay to be behind in retirement, just don’t fall further behind. What can be the difference maker to getting you on track? 70% of Americans will need some type of Long-Term Care. How can you protect yourself and your family from this huge expense?See omnystudio.com/listener for privacy information.

The more you plan, the more you keep. Those are words from IRA expert Ed Slott, who says you don’t have to go along with Uncle Sam’s tax plan. With good planning, you can limit your tax bill.See omnystudio.com/listener for privacy information.

The important parts of retirement planning aren’t found on the financial news networks. They are found with you and your family. Are you going to go with Uncle Sam’s tax plan or your tax plan? Does your advisor talk a good game but not listen? Estate planning should be a family discussion, but are there things you should keep secret?See omnystudio.com/listener for privacy information.

Does your financial advisor listen to your concerns? We read an email to Market Watch where the advisor isn’t communicating and is making excuses for big losses. Why do we allow the financial industry to get away with this? Greg has a theory.See omnystudio.com/listener for privacy information.

Your portfolio drops 22%, yet your financial advisor says to stay put? Target Date Funds: great marketing, not great performance. Don’t be a Bad Santa and give your kids bad gifts. Is Wall Street starting to warm up to annuities for income planning?See omnystudio.com/listener for privacy information.

Ok, so you didn’t win a billion dollars in the Mega Millions lottery. That doesn’t mean you can’t win the retirement lottery, by simply protecting what you’ve got from Uncle Sam. Greg talks about retirement planning with the same goal in mind: "I don’t want to worry about money!"See omnystudio.com/listener for privacy information.

Many of us have dreams of winning the lottery so we never have to worry about money again. Can you achieve that in retirement without winning the lottery? The Fed is hard at work fighting inflation by raising interest rates. When does it trickle down to help our retirement accounts? Financial analyst Dr. Doom is at it again with predictions of a severe recession. How much of that talk should we take seriously? You need your money to grow, but you also want protection. Is it possible to have both and still be in the market?See omnystudio.com/listener for privacy information.

If you watch financial news, it can be scary. It seems all the headlines are about recession and down markets. How much of this should you pay attention to and should you adjust your retirement plan because of them?See omnystudio.com/listener for privacy information.

That dreaded “R” word and it’s not “Recession” You’re most likely up 170% over the last 10 years Our Tax Map puts more money in your pocket, less in Uncle Sam’s Do NOT wait until you’re 72 to take money out of the IRA Widow’s and Kiddo’s tax - their higher earning rates could be a big hit We’re the sheep dogs, the financial advisors are the wolves Our flat-fee approach vs. their 1-2% certainty off the top We make your retirement exciting by making your planning boring See omnystudio.com/listener for privacy information.

Each week we feature one client or caller to the radio show. This week Mitch from Akron says: "Everyone told me to save, so I did. Now I’m retired and nobody is telling me what to do next."See omnystudio.com/listener for privacy information.

Inflation is now over 9 percent, but is your income rising at the same rate? Everyone tells you to save for retirement, but what do they say when you get there? Sounds odd but paying taxes early can save you money in the long run. Are we becoming complacent when it comes to losing money, thinking that 2008 will never happen again?See omnystudio.com/listener for privacy information.

In studio guest Anna Christine, an attorney with AlerStallings, discusses the legal planning we all need in retirement. Does Medicare or Medicaid cover long term care expenses? How a Fee Filter can help you uncover money leaking out of your accounts.See omnystudio.com/listener for privacy information.

Greg and special guest Tim Stallings (Elder Law Attorney) discuss Estate Planning misconceptions; A caller from Findlay, OH, wants to know what type of trust he should use; A listener from Hebron, OH, wants to know what she can do to protect assets; Why IRA tax planning is crucial to saving money in retirement; How much money does one need to successfully retire?; Why timing the Market is a risky proposition; Greg talks about facing different financial crises in retirement.See omnystudio.com/listener for privacy information.

We talk mostly about financial health. But in order to enjoy retirement, you must focus on your physical health. Greg’s longtime friend Afif Ghannoum joins us to talk about the latest research on gut health.See omnystudio.com/listener for privacy information.

True or False? “There is no alternative to the market.” Lunch with Warren Buffet was recently auctioned off for $19 million. This dinner event won’t cost you $19.00 and could save your retirement. How much contact do you have with your financial advisor while the market is going down? Greg’s longtime friend Afif Ghannoum joins us to talk about the latest research on gut health. See omnystudio.com/listener for privacy information.

You buy insurance for your car, your house, and your life; can annuities help you insure your retirement?See omnystudio.com/listener for privacy information.

America’s IRA expert Ed Slott gives advice on de-taxing your retirement accounts. Greg talks about how the Golden Reserve Tax Mapping process does that…and more. See omnystudio.com/listener for privacy information.

In this episode: What to expect on your next 401K statement. Do you know what you’re going to pay in taxes? Your financial advisor doesn’t. Legal, taxes, finance and investments—all under one roof. Imagine if you didn’t have to watch the market, and didn’t care about the news? How much of your retirement planning can you do online with apps and software? Stop playing blackjack with your nest egg. Take your chips off the table. America’s IRA Expert Ed Slott weighs in on having tax-free money in retirement. We’re the trusted 7-iron on the golf course; the days of trying to smash that new high-tech, hybrid wood are past you. See omnystudio.com/listener for privacy information.

Special Guest, VP Mike Pence, and Greg Aler are both writing books— who’s gonna sell more? Greg had the opportunity to sit with the former VP, learn more about his background and get his honest thoughts on Social Security (spoiler: he believes it’s the moral obligation of our country), as well as taxes and long-term care when it comes to planning for retirement. See omnystudio.com/listener for privacy information.

Greg sits down with former Vice President Mike Pence to talk about his new book, the future of Social Security and two of our retirement boulders: Taxes and Long-term Care. Stocks for growth and bonds for safety? Warren Buffet says no. We are desensitized to the small fees we pay in our lives, and the financial industry knows it. Studies show 70% of women leave their financial advisor when the husband passes. Why is that? Start converting your IRA now, leave less for Uncle Sam to take later.See omnystudio.com/listener for privacy information.

You’ve heard Greg talk about the 4 Boulders of Retirement. But what goes into developing the Retirement Roadmap needed to avoid those boulders.See omnystudio.com/listener for privacy information.

Discussions & Learnings: What your Dad taught you about money and what you hope to pass onto your kids. What exactly happens when you call us, and how we can help immediately Navigating Taxes, Fees, Market Risk and Long-term Care in retirement Up vs. down Retirement Mountain and how strategies need to change JP Morgan Chase says there’s going to be “Market Hurricane” - how to care less Why being boring and planful now can lead to peace of mind when it matters most Greg loves Wendy’s Baconators See omnystudio.com/listener for privacy information.

It’s hard to relate to big name athletes that make over 100 million dollars a year. But when you look at the much smaller number of their take home pay, we can relate. We are all dealing with taxes and advisor fees pulling away at our bottom line. Greg talks about two of the big Fee and Tax boulders we solve for Retirees at Golden Reserve.See omnystudio.com/listener for privacy information.

With all the talk of recession, is 100% of your life savings still on the blackjack table? Can you afford the ‘friendship’ with your Financial Advisor? Lebron James is dealing with the same fee and tax issues as our retirees. The realities of when annuities work and don’t work – what is the middle ground? A retired teacher is concerned about the advice she is getting from her advisor.See omnystudio.com/listener for privacy information.

Warren Buffett loves stocks. Can you mimic his approach to investing in retirement? Spoiler alert: probably not.See omnystudio.com/listener for privacy information.

Warren Buffett loves stocks and market risk, should you? Many investors are backing out of this market to cash. Is that good advice? A great year in the stock market turned out to be a great year for Uncle Sam. Why are you still helping him? Should you have money in a Target Date Fund in your 401(k)? A Columbus teacher wonders if her financial advisor is giving good advice. Why all the debate about annuities? What’s the real story?See omnystudio.com/listener for privacy information.

Many people believe that Medicaid covers long term care expenses. There is some truth to that but there is a catch. Greg and special guest Anna Christine (an attorney with AlerStallings) explain the important details you need to know.See omnystudio.com/listener for privacy information.

Two of the big boulders of retirement are market risk and advisor fees. Let’s cut down on those costs and send more of that money your way.See omnystudio.com/listener for privacy information.

The bigger the risk, the higher the return, right? Trying to “catch up” right before retirement might be your biggest mistake. Sometimes boring is better.See omnystudio.com/listener for privacy information.

There is more and more interest in planning for the high cost of long-term care. But is there an age when it’s too late to have the conversation?See omnystudio.com/listener for privacy information.

The cost of long-term care can wipe out a lifetime of retirement savings. Many people still believe that Medicare and Medicaid will pay for it. Greg breaks down the truth and the myths.See omnystudio.com/listener for privacy information.

Nothing comes for free, especially when it comes to your retirement accounts. Investment and advisor fees can take tens of thousands from your retirement savings. Is there anything you can do about it?See omnystudio.com/listener for privacy information.

Inflation is causing stress on a lot of families. Some people are delaying retirement, and some are coming out of retirement. Can you build a retirement plan that gives you protection from future inflation?See omnystudio.com/listener for privacy information.

There is plenty of negative press about annuities. If that’s true, why do so many people use them? Greg breaks down the pros and cons of annuities.See omnystudio.com/listener for privacy information.

Each year, Bill Murray and his brothers host the Caddyshack Golf Tournament in St. Augustine, Florida. Greg was able to sit down with them and talk about the movie Caddyshack, retirement, and find out the worst financial advice they ever received.See omnystudio.com/listener for privacy information.

You have a “check engine” light in your car. Are you paying attention to your “check retirement” light? Studies show many people have to cut back their spending in retirement. Will you? Taking the guess work out of retirement planning. Why does your Social Security decision become more complicated if you are married? Greg talks to Bill Murray and his brothers about Caddy Shack, retirement, and the worst financial advice they ever received.See omnystudio.com/listener for privacy information.

You can now buy a ticket for a 90-minute space ride for about 500 thousand dollars. If that’s not your thing, what kind of retirement can you build with the same amount?See omnystudio.com/listener for privacy information.