The Get Ready For The Future Show

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.

You might be able to get away with a lot of spontaneity  in life, but retirement is not one of those places! The GenWealth team takes a hard look at the importance of planning for your retirement and we're visited once again by Ryan Detrick, Senior Market Strategist at LPL, for our monthly update! Originally aired 8/24/2019 We don't want to wing it with these 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.

The game changes when you reach retirement age and the GenWealth team looks at what you need to know as you move from accumulation to decumulation. Originally aired 8/17/2019 Disclosure: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

Is the SECURE Act really all it's cracked up to be? The GenWealth team takes a look and is joined by special guest James Lange, CPA, attorney, and author of "Retirement Plan Owner's Guide to Beating the New Death Tax." Originally aired 8/10/2019 Let's secure some disclosures: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

There are three big risks to your retirement. But what's the biggest risk? The GenWealth team takes a look at longevity and how to mitigate that risk in retirement. Originally aired 8/3/2019

In the dog days of summer, the GenWealth team is joined this week by Senior Market Strategist at LPL Ryan Detrick to talk about ways you can beat the heat in your retirement. Originally aired 7/27/2019 We need to beat the heat of compliance with these disclosures: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Stock investing involves risk including loss of principal. 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 economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

Where will your retirement paycheck come from? If you don't know the answer, the GenWealth team has some great information on how you can increase your confidence in retirement. Originally aired 7/20/2019 And we confidently need to disclose this information: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

From baby boomers to millennials, retirement looks very different. The GenWealth team is here to look at your needs no matter what generation you're from and help with your stage of life. Originally aired 7/13/219 Disclosure All performance referenced is historical and is no guarantee of future results. 

Stephanie Smith, our Social Security veteran, joins the show this week as the GenWealth team takes on the big questions surrounding the future of Social Security. Originally aired 7/6/2019

With Independence Day around the corner, the GenWealth team takes a look at that Holy Grail of financial independence and the path to freedom in retirement. Originally aired 6/29/2019 Some balanced disclosures: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. 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.

What is the secret formula to building wealth? The GenWealth team looks at traits you can develop to reach your own financial success. Senior Market Strategist with LPL, Ryan Detrick, also makes his monthly appearance! Originally aired 6/22/2019

Do you enjoy risk or abhor it? Do you love spending money on others? Do you incessantly check your bank balance? The GenWealth team takes a look at a variety of personality types and doles out some advice based on the one with which you identify. Originally aired 6/15/2019 Disclosure: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

Retirement is essentially an income problem. So what can you do to make sure your assets last? Or navigate many of life's "what-ifs?" The GenWealth team dives into these and other golden retirement nuggets in today's show. Originally aired 6/8/2019 Don't "what-if" these disclosures: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Asset allocation does not ensure a profit or protect against a loss. Dollar cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets. 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 seven deadly sins: lust, gluttony, greed, sloth, wrath, envy, pride. But what about seven deadly sins of retirement planning? The GenWealth team takes a look and brings enlightenment on ways to save your financial soul. Originally aired 6/1/2019 Disclosures in order to not commit compliance sins: All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted. Stock investing involves risk including loss of principal.

"Sell in May and go away, and come on back on St. Leger's Day." What does that even mean? Find out more with the GenWealth dream team in today's episode! Originally aired 5/25/2019 Don't misconceive these disclosures:  All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth may not develop as predicted.  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 payment of dividends is not guaranteed. Companies may reduce or eliminate the payment of dividends at any given time.  Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.  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 you want to "spark joy" in your retirement, you need to take a good, hard look at your finances and see if there's a mess that needs cleaned up. The GenWealth team is here to help tidy up! Originally aired 5/18/2019

You might have heard us say, "this ain't ya mama's financial advice." But with Mother's Day coming up, this IS ya mama's financial advice! And we have special guest Rachel Cruze joining us in today's episode! Originally aired 5/11/2019

The Get Ready for the Future Show aired on May 4, a date yearly celebrated by Star Wars fans, dubbed May the Fourth. The GenWealth team takes this opportunity to bring out some Jedi wisdom! Originally aired 5/4/2019

After all the years of building toward your financial goals, how do you protect what you've gained? The GenWealth team takes a look at some of life's uncertainties and how to combat them with returning special guest and estate planning attorney, Mike Munnerlyn. Originally aired 4/27/2019

The GenWealth team is joined by guest Special Agent Ryan Kennedy in talking about the serious issue of identity theft in this week's Get Ready for the Future Show. Originally aired 4/20/2019

In continuation of Financial Literacy Month, the GenWealth team dishes out some knowledge on the varieties of employer-sponsored retirement plans, and we get our monthly visit from Senior Market Strategist with LPL, Ryan Detrick. Originally aired 4/13/2019 DISCLOSURE All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. 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. No strategy assures a profit or protects against a loss. Because of their narrow focus, sector investing will be subject to greater volatility than investing more broadly across many sectors and companies. 

April is Financial Literacy Month and the GenWealth team takes a look at a few things you need to know in order not to be an April fool. Originally aired 4/6/2019

The madness of March is upon us and the GenWealth team mixes basketball metaphors and gets a monthly updated from Senior Market Strategist for LPL, Ryan Detrick. Originally aired 3/30/2019