The Get Ready For The Future Show

We tend to be excited while planning everything but finances. It's time to rethink that! Plans are only boring when they don't speak directly to you. We're also joined by special guest Dr. Wade Pfau once again to dive into some of these myths! Originally aired 8/12/2020

2020 has caused a lot of us to think about the fragility of life. What happens if one day you don't come home? That thought can be stressful, but it doesn't have to be! Chris Rippy, Estate Planning & Probate Attorney, joins the crew this week to talk about how to be prepared in your plans for end of life. Originally aired 8/5/2020 Don't sleep on these disclosures: This information is not intended to be a substitute for individualized legal advice. GenWealth Financial Advisors and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation. GenWealth Financial Advisors, Rippy, Stepps & Associates, and LPL Financial are separate entities.

"What should I do?" If that question is on your mind, tune in as the GenWealth team looks at how to handle volatility and what to do if your advisor isn't giving the best advice for YOU. Originally aired 7/29/2020

After making it through the first 30 minutes of this movie without being severely depressed, the GenWealth team takes to the skies with financial lessons from the movie UP! Originally aired 7/22/2020

The GenWealth team braves the fire swamp and takes a look at how your retirement doesn't have to be a fairy tale in part two of our summer movie series. Originally aired 7/15/2020

If your ego is writing checks your body can't cash, you might want to check out lessons the GenWealth team can derive from this hit movie in our summer movie series! Originally aired 7/8/2020

Times are pretty strange and things are changing. Turn and face the strange. There are going to be a lot of reasons to worry, but worry doesn't help you. And the GenWealth team takes a look head on into change with special guest Bob Paine, Owner/Operator of Chick-Fil-A on Cantrell in Little Rock. Originally aired 7/1/2020

Is the idea of financial planning fuzzy? Out of focus? The GenWealth team is here to help identify where you're at and how to bring planning into a clearer picture. Originally aired 6/24/2020

If money is confusing to adults, how about children?! While most parents will talk with their kids about , drugs or alcohol, many don't talk about money. The GenWealth team dives into talking to children about money with special guest and best-selling author Anthony O'Neal.   Originally aired 6/17/2020

The COVID-19 pandemic shook up the world. Did it shake you out of some bad habits? The GenWealth team looks at some things that shouldn't go back to normal and we're joined this week for an update by Senior Market Strategist with LPL Ryan Detrick. Originally aired 6/10/2020

The GenWealth team talks social security on this week's show with special guest interview Mary Beth Franklin, contributing writer for Investment News. Originally aired 6/3/2020

Uh oh. Why did I buy that? During the COVID-19 crisis, it may have been easy to make some big purchases without thinking about the bigger picture. And part of that might be linked to your personality. The GenWealth team takes a look at some different personality types where it comes to finances. Originally aired 5/27/2020

With most of the nation spending so much time at home, you start to notice all the little problems and imperfections. The GenWealth Team looks at keeping those out of the blueprint for your retirement. Originally aired 5/20/2020 

What's the plan? What does life look like after work? Take a glance into the future of possibilities with the GenWealth team. Originally aired 5/13/2020

With all of the constant and varying changes that have been occurring in the world in light of COVID-19, the one thing you shouldn't have to worry about is retirement. The GenWealth team takes a look at how to form a plan that is dependable and keeps you prepared for that next phase of life. Originally aired 5/6/2020

Remember that your retirement needs to have a strategy that is dedicated to you and your needs. The GenWealth team talks about making things more personal in retirement and is joined this week for an update by LPL's Senior Market Strategist Ryan Detrick. Originally aired 4/29/2020 Disclosures: Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.  All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

The GenWealth team is joined this week by special guest Dr. Wade Pfau - author, financial analyst, and professor of retirement income - to discuss the importance of having a financial coach and how that can set you up for success in retirement. Originally aired 4/22/2020

The GenWealth team shares some perspective on how the current market volatility could impact your retirement and are joined by Congressman French Hill for a special interview about the CARES Act. Originally aired 4/15/2020  Disclosures: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

If during this epidemic you are at an economic crossroads, this show may contain some of the most important information you can receive as it relates to your financial future. Originally aired 4/8/2020

Two weeks in a row LPL Senior Market Strategist Ryan Detrick joins the GenWealth team for market updates as they talk about the new CARES Act and what you can do to combat fear and uncertainty in your finances. Originally aired 4/1/2020 CAREful disclosure: The content provided herein is based on our interpretation of the CARES Act and is not intended to be legal advice or provide a tax opinion. This document is a summary only and not meant to represent all provisions within the CARES Act.

The GenWealth team is once again joined by LPL Senior Market Strategist Ryan Detrick as they take a look at a world steeped in uncertainty and how you can be certain in your retirement. Originally aired 3/25/2020

It can be easy to lose focus in times of uncertainty. Which is why the GenWealth team is here to help! Today they look at keeping debt off your plate so that it's one less thing to worry about when the world seems so worrisome. Originally aired 3/18/2020

When it comes to money, people tend to react more on emotion rather than fact - making the wrong choice at the wrong time for the wrong reason. In a time of uncertainty, the GenWealth team focuses on Fundamentals in today's show. Originally aired 3/11/2020

Should I contribute to an individual account? What about company-sponsored? The answer you've all been waiting for: IT DEPENDS! The GenWealth team takes a look at different ways to contribute on today's show in the hopes of bringing some education about your money and your choices. Originally aired 3/4/2020

On this week's show Ryan Detrick, Senior Market Strategist with LPL Research, pops in for a market update and the GenWealth team goes over the three main things you need in order to retire: a guide, a checklist, and a plan. Originally aired 2/26/2020 Disclosures: Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted.

How much money should you have saved in assets before you retire? IT DEPENDS! The GenWealth team looks into the question behind the question to an investors retirement number in today's Get Ready for the Future Show. Originally aired 2/19/2020 A number of disclosures: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted.

When is the right time to buy a house or a car? The GenWealth team is here to help navigate that process, save you money, and avoid common mistakes on those big-ticket items. And we're joined this week by special guest Carolyn Cobb, President of the AR Realtors Association, for some inside information when it comes to home buying. Originally aired 2/12/2020

Life can be tough. And the more life you live, the more you wise up to the fact that shortcuts in life just don't work. There is no easy button, but the GenWealth team has some simple solutions to help you take control of your finances. Originally aired 2/5/2020 Easy Disclosures: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted.

President Ronald Reagan is quoted as saying, "Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man." The GenWealth team takes a look at how inflation can wreck your retirement…if you're not prepared. Originally aired 1/29/2020

How does your behavior affect your finances? Get your mind right with the GenWealth team as they tackle some mental errors that can happen when money is involved. Originally aired 1/22/2020

When it comes to retirement, are there things that you know you don't know? The GenWealth team takes a look behind the scenes at some of the questions we ask our prospective clients every day that other firms don't ask. Originally aired 1/15/2020

There can be some heinous threats to your retirement - threats so diabolical that the GenWealth team enlisted the help of the FBI and Supervisory Special Agents Todd Adams and Ryan Kennedy to keep you safe. Originally aired 1/11/2020 Disclosure: Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.

The SECURE Act went into effect January 1, 2020, Setting Every Community Up for Retirement Enhancement. But does it really? The GenWealth Team takes a look at the new legislation and what it can mean for your financial future. Originally aired 1/4/2020 Let's secure some disclosures, shall we? Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. “Stretch IRA” is a marketing term implying the ability of a beneficiary of a Decedent’s IRA to withdraw the least amount of money at the latest allowable time in order to maintain the inherited IRA assets for the longest time period possible. Beneficiary distribution options depend on a number of factors such as the type and age of the beneficiary, the relationship of the beneficiary to the decedent and the age of the decedent at death and may result in the inability to “stretch” a decedent’s IRA. Illustration values will greatly depend on the assumptions used which may not be predictable such as future tax laws, IRS rules, inflation and constant rates of return. Costs including custodial fees may be incurred on a specified frequency while the account remains open. The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.  This is a hypothetical example and is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing. 

What if instead of presents, Santa brought you…tax tips? The GenWealth team and eight tiny reindeer bring you some tips to beat the man in 2020. Originally aired 12/21/2019 Check these disclosures so we don't end up on the naughty list: Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. Mortgage backed securities are subject to credit, default, prepayment, extension, market and interest rate risk.  Traditional IRA account owners should consider the tax ramifications, age and income restrictions in regards to executing a conversion from a Traditional IRA to a Roth IRA. The converted amount is generally subject to income taxation.  Fixed and Variable annuities are suitable for long-term investing, such as retirement investing.  Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply.  Variable annuities are subject to market risk and may lose value.

The GenWealth team travels through the years with tips for each decade of life to help you meet your financial goals. Originally aired 12/14/2019

What can we learn about retirement from the Rolling Stones? The GenWealth team looks at living life to the fullest in retirement. Originally aired 12/7/2019

Is this your year to retire? If so, the GenWealth team has checklist to help ease your anxiety and help you be more prepared for this next stage in life. Originally aired 11/30/2019 Disclosure: State insurance laws and insurance underwriting rules may affect available coverage and its costs. Guarantees are based on the claims paying ability of the issuing company. If you need more information or would like personal advice you should consult an insurance professional.

With Thanksgiving around the corner, the GenWealth team reflects on gratitude and getting more of out retirement. Originally aired 11/23/2019

Gearing up for Small Business Saturday, the GenWealth team doles out advice for small business owners with special guest Pamela Reed from the Arkansas Small Business and Technology Development Center. Originally aired 11/16/2019

Your retirement should be more transparent! There's a lot of muddy information out there regarding annuities, and the GenWealth team takes a look at clearing up fact from fiction. Originally aired 11/9/2019 Some Clear Disclosures: Fixed and Variable annuities are suitable for long-term investing, such as retirement investing.  Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply.  Variable annuities are subject to market risk and may lose value. Riders are additional guarantee options that are available to an annuity or life insurance contract holder.  While some riders are part of an existing contract, many others may carry additional fees, charges and restrictions, and the policy holder should review their contract carefully before purchasing.   Equity Indexed Annuities (EIAs) are not suitable for all investors.  EIAs permit investors to participate in only a stated percentage of an increase in an index (participation rate) and may impose a maximum annual account value percentage increase.  EIAs typically do not allow for participation in dividends accumulated on the securities represented by the index.  Annuities are long-term, tax-deferred investment vehicles designed for retirement purposes.  Withdrawals prior to 59 ½ may result in an IRS penalty, and surrender charges may apply. 

It's already November, and on the Get Ready for the Future Show, the GenWealth team takes a look at some things you can do to set yourself up for a strong new year. Originally aired 11/2/2019 Let's get ahead of these disclosures: Contributions to a traditional IRA may be tax deductible in the contribution year, with current income tax due at withdrawal.  Withdrawals prior to age 59 ½ may result in a 10% IRS penalty tax in addition to current income tax. The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change. 

Everyone loves taxes, right? Uncle Sam will get his share and the GenWealth team takes a look at ways to make sure that taxes don't take a wrecking ball to your retirement needs. Originally aired 10/26/2019 Don't Fear This Disclosure: Traditional IRA account owners should consider the tax ramifications, age and income restrictions in regards to executing a conversion from a Traditional IRA to a Roth IRA. The converted amount is generally subject to income taxation.

What happens if there's another 2008? The market has its ups and downs and the GenWealth team takes a look at ways to recession-proof your retirement. Originally aired 10/19/2019 Some Spooky Disclosures: Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.  Bond yields are subject to change. Certain call or special redemption features may exist which could impact yield.  All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. 

Two of the biggest fears in retirement revolve around long-term care and the idea that Social Security will run out. The GenWealth team takes the time to address those fears head on. Originally aired 10/12/2019

What are some of the biggest fears that revolve around money and retirement? The GenWealth team takes a look at financial fear and what you can do about it, and are joined by special guest Margee Kerr, a sociologist who studies fear. Originally aired 10/5/2019

To be truly successful in retirement, you have to be more than financially literate. There's a deluge of information out there and the GenWealth team looks at how to actually but that knowledge into practice. Originally aired 9/28/2019

There's a big election coming up next year and the GenWealth team looks at what that means for the markets. We also have a special segment from our workshop, an Evening with Ryan Detrick! Originally aired 9/21/2019

If you want a satisfying retirement, there are things you need to know and the GenWealth team has the keys to help you unlock success in your retirement. Originally aired 9/14/2019 2 key disclosures to being compliant: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. 

Kicking off football season, the GenWealth team has a checklist of items to evaluate before you enter the retirement red zone. Originally aired 9/7/2019

In today's show the GenWealth team provides some rules for a successful retirement and a checklist for end of life preparations. Originally aired 8/31/2019 Check this disclosure: Stock investing involves risk including loss of principal.