How to Retire on Time

"Hey Mike, do you think inflation is under control?” Discover why Mike believes inflation could come roaring back and how to prepare for the potential risk. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I’m a college athlete that is about to get paid. I don’t want to go broke like so many other athletes. Any tips on how to keep your money?” Discover why many athletes go broke and what can be done to help prevent it from happening. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how come financial advisors make money, even when the client loses money?” Discover the reason why advisors charge a flat rate or a percentage-based fee for their services and how to determine if you are getting your money’s worth with the amount you are paying in fees. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I’m scared about the market and am all in cash and short-term CDs. What risks, if any, do you think I am taking by doing this?” Discover how cash can crash when inflation hits and why it may be more difficult to recover from hyperinflation than an actual market crash. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

"Hey Mike, can I use CDs and Treasuries only for my reservoir?" Discover risks associated with CDs, Treasuries, and other fixed interest investments/products, and what you could do instead. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

"Hey Mike, how do you prepare for a potential currency collapse?" Discover places you could put your money in case the United States dollar continues to go down in value. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

"Hey Mike, can you breakdown how the Big Beautiful Bill will affect those in retirement?" Discover some of the ways the Big Beautiful Bill could affect your retirement for better and for worse based on what is in the current version. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

"Hey Mike, I’m concerned about the next market crash. I don’t want to try and time the market, but it still keeps me up at night. Any tips?" Discover the problems with trying to time the market or sitting in cash based on a feeling. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

"Hey Mike, do I really need $1.26 million dollars to retire comfortably?” Discover why you may be seeing random numbers and goals in financial services advertisements. Also, uncover the problem associated with these oversimplified claims and why you should dive into the details of your own financial situation. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

"Hey Mike, I have been retired for a number of years now. What are some ways retirees can stay active and engaged in their communities after leaving the workforce?" Discover some non-financial aspects of retirement that may need to be addressed if you want to live a long, healthy, and happy life. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

Hey Mike, My spouse and I have different ideas of how much risk we should be taking when it comes to investing our retirement funds. How can we find a balance that works for both of us?” Discover how to address a divide in risk tolerance and find a solution that works for all parties involved.

Hey Mike, I just retired this month and have an outstanding retirement loan (against my 401k) with a balance of $8,000.00. The payment is $680.00 per month. I’d like to stop paying that. What is the best way to handle this outstanding balance - default or pay myself back with my portfolio?” Discover how to address if you should pay the loan off quickly or if it makes sense to pay it off slowly. Also, learn how to find the information needed to settle the balance. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, is AI better than an advisor at making trades and managing a portfolio?” Discover how Wall Street has been using “AI” for decades and how it may not drastically change their abilities. Also, learn how the average investor may increase their risk by using AI for themselves without sufficient experience or understanding (the Dunning Kruger Effect). Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, should I be buying and holding stocks, or investing in cheap S&P 500 ETFs like SPY and VOO for the long term?” Discover the difference between buying individual stocks vs buying an index and holding it for a long-term period of time. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what are these “RMDs” I am hearing about, and how do they fit into my retirement income strategy?” Discover the potential tax inefficiencies caused by Required Minimum Distributions and various strategies you can implement to help take action now. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I want to retire to Mexico where the cost of living is less and the weather is great year round. What financial considerations do I need to make?” Discover some potential unknown risks associated with living abroad in retirement. This is not a comprehensive conversation, but more of a high-level starting point. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I am 60 and plan to retire in five years. My 401(k) is almost entirely equities; what moves should I be making to prepare for retirement?”Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how can an annuity offer a guaranteed withdrawal rate of 6.5% when we are told you should only take out 4% from your portfolio?” Discover the risks associated with lifetime income so you can prepare for those risks or move in another direction. Remember, there’s no such thing as a perfect investment, product, or strategy. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how much more can the market continue to grow?” Discover why Mike believes the future is bright and full of opportunity.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I don’t like anything locked up for a long term period of time. What are my reservoir options?” Discover how to fund your reservoir/storehouse while maintaining more liquidity overall. There’s no such thing as a perfect investment, product, or strategy. Learn how to blend liquidity, growth potential, and protection in a portfolio that works for you.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you plan for taking care of your parents during your own retirement?” Discover some of the financial and non-financial conversations you may want to have as you prepare to help a parent in need. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what sectors or stocks do you think are worth investing in right now?” Discover a couple of tricks that can help guide your research when you are looking for companies to potentially invest in.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you turn your 401k into a retirement plan?” Discover how to create your retirement plan when most of your savings are in a 401k. Learn why Mike believes you should put a general plan together first, explore strategies second, and design the portfolio third.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, walk me through paying off my credit card debt versus maxing out my IRA contributions.” Discover the difference between good debt and bad debt in general and how it applies to retirement. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I'm considering delaying my retirement by a few years. What are the potential financial benefits and drawbacks of doing so?” Discover the non-financial reasons why you may want to delay your retirement. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what’s better? Caps, like on a buffered ETF, or participation, like on a structured note?” Discover the different ways you can make money with indexed products, like Buffered ETFs and structured notes. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I am 60 years old with $1,000,000 in my 401k. How much income can I get in retirement if I were to retire today?” Discover why seeking the right withdrawal rate may not be the right question. Learn why investments or products will shape your income more than other aspects of your plan and or portfolio. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, can you share any indicators that would give us a heads up that the market is ready to start growing again?” Discover the danger of trading based on indicators, like moving averages, when you are still learning how to invest. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how can I avoid or reduce my taxes on RMDs?” Discover ways to prepare for and lower your RMDs so they do not become a tax or income problem later on in retirement. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, can you share how you vet different investments?” Discover some of the strategies Mike uses when it comes to vetting investments and products.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you optimize survivor benefits?” Discover how to optimize for survivor benefits and how to identify the risks associated with different strategies.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you plan for monthly expenses and extra large purchases?” Discover how you can figure out your cash flow needs in retirement before you retire. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, is it better to do IRA to Roth Conversions at the beginning of the year or the end of the year?” Discover when it makes sense to do IRA to Roth Conversions at the beginning of the year and when it makes sense to do them at the end of the year. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

Hey Mike, where are you investing during these volatile times? Discover how Mike is navigating these turbulent market conditions. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

"Hey Mike, how do you optimize Social Security?" Discover how your Social Security benefits could affect your portfolio, income plan, tax plan, estate plan, and more.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, if we have changed careers once or twice and now have multiple 401(k)s. What do you recommend we do with them? Let’s assume one of them rolled over into an IRA.” Discover when it makes sense to roll funds out of old 401(k)s and when it makes sense to keep funds in old 401ks. This is our 200th episode! Thank you all for listening!Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I know you don’t like lifetime income, but if you were to recommend a product, which one would it be?” Discover the different options for lifetime guaranteed income and why the option talked about the least may be the best option for you. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you increase growth as a conservative investor?” Discover why you are compensated for the risk you are willing to take while correctly defining what risk is within the investment world.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I am married and my spouse has suggested I go back to work part-time in retirement, both for income and to stay busy. What are some things I should consider before doing so?” Discover why hams are not made to sit around and play all day. In this episode, Mike dives into how to design a purpose-driven retirement plan so that you can have a potentially smooth transition into your best years. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what’s the difference between an ETF and a Mutual Fund?” Discover what is really going on when you invest in a mutual fund or ETF, and why they may be doing the job of your advisor. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, which is worse in retirement: taxes or inflation?” Discover why Mike believes inflation is more of a risk than taxes when it comes to retirement planning and longevity. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what does a ‘diversified portfolio’ look like?” Discover why Mike believes broad diversification is not as good as many would suggest, as he dives into the details of what it means to diversify by objectives. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I am in my 40s, I have maxed out all of my retirement account contributions for the year, and I have more money I want to save. Where should I put that money?” Discover why it is important to have a plan put together before you decide where you invest your excess cash flow. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what’s the smartest way to draw down your accounts?” Discover how to take income from your accounts, even when markets don’t look good.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what are the types of insurance policies that are applicable in retirement?” Discover various types of insurance policies and how they can be used in retirement.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, can you retire today with $1,000,000, or is that an outdated benchmark?” Discover how to find your target retirement savings goal. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, should my wife and I file married but separate so we can have one of us provide household income while the other does IRA to Roth conversions?” Discover when it may make sense to file Married Filing Separate and why how you file each year matters.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, can you explain the concept of 'Infinite Banking' and tell me if it is a good strategy or not?” Discover why Infinite Banking may not be as good as some would suggest, and the true numbers behind any permanent life insurance policy. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, do you have any favorite stocks that you can recommend?” Discover a simple methodology that can help you find and vet stocks as you put your portfolio together.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you get out of a bad annuity? I need more liquidity but don’t want to pay the penalty…” Discover how to get out of an annuity that has low growth potential.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com