How to Retire on Time

“Hey Mike, why do people buy life insurance for estate planning? Don’t they just pass on whatever is left over?” Discover when it makes sense and when it does not make sense to buy life insurance for your estate planning purposes.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what do you do if you want to help your kids or grandkids?”Discover alternative ways to the 529 Plan when it comes to helping your kids and grandkids prepare for their future. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you recover when the markets go down?” Discover how to handle, both emotionally and economically, a downturn in the market. Mike shares some insight on a few ways you may be able to cut your losses and move on to bigger and better opportunities. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you know when your plan is perfect, or at least good enough?” Discover the real purpose behind a retirement plan and what you can do to help keep it in check. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, can you explain why some rates, like high-yield savings rates, are going down while other rates, like mortgages and auto loans, are still higher than normal?” Discover the reality behind the Federal Reserve, the Treasury, and the market. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what do most people do if they want to retire before full retirement age–where do they get their income? How do they take care of their health insurance?” Discover how to bridge the healthcare gap between when you want to retire and when Medicare starts.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what’s the story behind your company name?” Discover the story behind Kedrec Wealth and its simple philosophy. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how can I know if I am on track to retire on time?” Discover how much you should have saved and what your cash flow should look like at different stages of life. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, is there such a thing as too much debt as I approach retirement?” Discover when it makes sense to pay off debt before retirement and when it makes sense to keep it and let your assets stay invested. The answer may surprise you. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I’m about to sell some rental properties. I want to use it to buy other types of investment real estate, but I’m not sure I’ll find the right replacement property in time to do the 1031 exchange. Any tips?” Discover the timelines and details of a 1031 exchange that can help real estate investors move money from one like-kind property to another while deferring capital gains tax.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I work with a financial advisor, but he doesn’t charge me anything. That doesn’t seem right. Can you help me figure out what I am paying in fees?” Discover the different ways financial professionals (advisors or agents) make money so you can better spot potential conflicts of interest. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, does the 60/40 work in retirement?” Discover how the 60/40 stock/bond fund portfolio came to be and why it may be time to make a few updates to your portfolio. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, do all financial advisors do basically the same thing?” Discover the tricky nuance the role of a financial advisor plays when it comes to your financial planning and money management. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I just got my taxes done. Any recommendations on things to look for in a return?” Discover the many ways your 1040 can help guide you on how to approach this year when it comes to your investments and financial decisions.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you find the best investments or products?” Discover how to vet various investments or products and why internal research may be better than taking those who sell those investments or products at their word. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I’m 47 years old and finally have extra cash flow to start saving. Where should I start?” Discover where to save your money so you can get things in order in preparation for retirement. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, should life insurance be a part of a retirement plan?” Discover when it may make sense and when it doesn’t make sense to include life insurance in your retirement preparation and plan. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I’m concerned about the market. Are there other places I can park my money until things settle down?” Discover the different ways you can protect assets or hedge against the stock market in or near retirement while also positioning yourself for upside potential to help keep up with inflation. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, in what situation would I need to worry about IRMAA, and what can I do to avoid those surcharges?” Discover ways to incorporate IRMAA (Income-Related Monthly Adjustment Amount) minimization into your tax and healthcare plan.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, are flat-fee advisors more trustworthy than advisors who take a commission?” Discover the conflicts of interest associated with different types of advisors. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you include HSA plans in a retirement plan?” Discover various retirement planning strategies that can include your HSA. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, should target date funds be a part of my portfolio?” Discover the ins and outs of how target date funds work and if they are right for you or not. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, do lower to middle income earners have a chance at retirement?” Discover various tips and tricks on how to prepare for and enjoy retirement if you are not a higher-income earner.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, with Social Security taxes potentially going away, how does that affect Social Security optimization?” Discover how the new tax billing going through congress could cause retirees to adjust their tax minimization and Social Security optimization strategy. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I have some stocks that are down. Should I wait for them to recover, or should I just sell them and move on? Discover the nuance found when considering if you should sell a position at a loss or not.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, when I retire, I plan to move to a more affordable city. Any tips on what to look for and how to research this?” Discover various metrics to research and consider before you sell everything and move to your retirement destination. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what are the benefits of working with a CFP?” Discover the benefits of working with a CFP while acknowledging that each CFP may have different opinions on how to put your retirement plan together. Join Mike as he encourages people to focus on the strategy first, and then the people behind the strategy second.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I heard the bonds are expected to do better than stocks over the next few years. How is that possible?” Discover the market risk known as the flat-market cycle and why it may make sense to diversify your assets in more than one market. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“What’s the best withdrawal strategy in retirement?” Discover the various ways to take income in retirement and why we believe there’s one key strategy that should be implemented in tandem with your other strategies. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how risky or aggressive can you be in retirement?” Discover how to design your portfolio to be ready for market crashes. When implemented correctly, it may allow you to take some of your assets and allocate them to something with more growth potential (and more risk). Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do the rich avoid paying taxes?” Discover some strategies the ultra-wealthy use to pay less in taxes and the significant risks associated with those strategies.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, why do financial advisors always seem to give the same answer, ‘It depends?’” Discover the nuance found within financial planning and why you should be cautious when you get general/oversimplified advice. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how much do I need to save for retirement?” Discover a quick way to define your retirement savings goal and what to do once you start getting close to that goal.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, when does it make sense to work with a financial professional, and when does it make sense to manage your money on your own?” Discover the natural progression of learning how to invest on your own, learning from your mistakes, and then identifying what you may want to delegate to a financial professional.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you plan around inflation risk?” Discover the importance of growth within your retirement plan and the different ways you can grow your assets while also not keeping everything at risk.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how did you come up with the reservoir strategy?” Discover the origin story that led to the creation of the Kedrec Reservoir Strategy.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what are some questions people should ask about retirement planning but don’t?” Discover various blind spots retirees and near-retirees have and why we need to stop having such strong opinions about any investment or product. In this episode, Mike breaks down various investments and products as tools that may be used or may not be used in your retirement plan and/or portfolio.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, when should you create your retirement plan?” Discover what you could be doing during each decade of your life to prepare for retirement, from your 20s until your 70s. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, Should I sell my Nvidia stock?” Join Mike has he discusses the potential risks of buying and holding stocks with more risk to creative destruction.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, is there one right way to plan for retirement?” Discover different ways you can structure your retirement plan to support your lifestyle and legacy goals while allowing you to live within your emotional and economic limits.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how do you plan for retirement if you want to live abroad?” Discover the ins and outs of living abroad in retirement so you can prepare for the retirement you want. Join Mike as he discusses Social Security, Medicare, and more and how it may impact your plan.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, should you pay off your mortgage before you retire?” Discover the nuance behind debt, investments, and retirement planning so you can determine if it makes sense for you to pay off your mortgage before retirement or during retirement.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, can you explain the difference between an index, indexing, and an indexed investment?” Discover why each of these terms matters when you put together your retirement portfolio.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, what’s your opinion on the flat-fee advisors vs advisors who charge a percentage for a fee?” Discover the difference between different advisors, their fee structures, and which may be right for you.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, should I rollover my 401(k) into an IRA or just leave it where it is?” Discover what options open up when you roll over your employer-sponsored retirement account to an IRA.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, do I need life insurance in retirement?” Discover when life insurance may make sense in retirement and when you should steer clear.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how are you planning for the potential decrease in Social Security benefits?” Discover strategies that can help you take a more proactive approach to potential changes in Social Security.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, I’m three years away from when I want to retire. My portfolio is 100% equities. How should my portfolio change as I approach retirement?” Discover what changes retirees may want to make as they approach retirement. Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, do you recommend the 60/40 portfolio for a retiree, or do you follow the rule of 100?” Discover risks associated with traditional portfolio strategies for retirees and why you may want to consider implementing Kedrec’s Reservoir as a part of your plan and portfolio.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com

“Hey Mike, how would you plan differently if you had someone with $2 million in an IRA vs someone with $2 million in a brokerage account?” Discover how your retirement plan and strategies can change based on how much you have in pre-tax, after-tax, and tax-free accounts.Text your questions to 913-363-1234.Request Your Wealth Analysis by going to www.yourwealthanalysis.com