The Get Ready For The Future Show

DIY could spell disaster for your financial independence.  Do-it-yourself projects have long been thought of as something commendable. And really, they very much can be! But there are some things you just shouldn’t DIY… and your financial plan is one of them.  Why? We’ll tell you all about it on today’s Get Ready For the Future Show!

Pre-retirees looking to improve their financial plans should understand that there are three main factors that have the biggest impact on financial independence in retirement. So what are they?  Find out in this week's episode of the Get Ready For The Future Show!

Talk of a recession on the horizon is swirling, and it's got many people feeling uncertain about their future! But on today's show, we want to talk about how to make your retirement recession-proof. We also have a special guest, LPL Financial's Chief Economist Jeffrey Roach, to help talk us through the buzz around a recession. Originally aired 1/11/2023

With "New Years' Resolutions" having over a 90% failure rate, you don't want another resolution. You want a REVOLUTION for your finances! We're kicking off 2023 with three steps to make this year YOUR year for financial independence! Originally aired 1/4/2023

We've got an encore presentation of our most listened-to episode of 2022! As one of life's certainties, taxes can be one of the most complex aspects of your retirement journey. What taxes you pay, and how much, after you retire depends on your income. We're going to cut through some of the confusion on today's show to help you account for taxes in retirement! Originally aired 2/16/2022

Part of our mission statement is "leaving a legacy for generations to come." That sounds great! But what does it take to get there? We've got the straight talk you need to know about generational wealth in this episode! Originally aired 12/21/2022

What income streams do you have that will never run out in retirement? Once you know how much guaranteed income you will have in retirement, will that cover your basic expenses? That’s our topic in this episode! And joining us again from our partners at LPL Financial is Chief Economist Jeffrey Roach! Originally aired 12/14/2022

From not contributing enough to their account, to letting their investments sit idle, many people fall into habits that can be detrimental to their long-term financial well-being. We've got tips in this episode on how to avoid these pitfalls and make the most of your 401(k) on your journey to financial independence! Originally aired 12/7/2022

Identity theft is not a joke. Your personal information is a valuable commodity. And knowing how to protect your financial and online identity is extremely important! Luckily, we've got everything you need to know to protect yourself in this episode!  Originally aired 11/30/2022

Whatever retirement looks like for you, it can be a scary concept! But in this episode, we're talking about three risks that could put your financial independence at risk and how we recommend you cover your assets that you're worked so hard to build. Originally aired 11/16/2022

Estimates say that about 50% of older adults will need long-term care at some point in their lives; for adults over 65, the odds shoot up to 70%. That means it’s highly likely that at least one person per couple will need this type of help! Today’s show discusses the importance of long-term care and how it can help you purchase dignity and independence in retirement.   Originally aired 11/9/2022

Social Security is foundational to retirement planning, But with around 2,600 rules that govern it, it can be confusing! How can you be sure you're maximizing your benefit? We're giving you everything you need to know about Social Security in today's show! Social Security Administration website Originally aired 11/2/2022

It's a spooky edition of the Get Ready for the Future Show! Whether your retirement is over a decade away or getting close, planning is a necessity. And we're using the acronym TRICK to lay out five crucial elements to consider in your retirement plan. Originally aired 10/26/2022

"How much is enough?" This is a question we’re asked often, especially with market conditions the way they’ve been lately. Does a true "number" exist for most people? Or is it more complicated than that? We discuss all that and more in this episode of the Get Ready For The Future Show! Originally aired 10/19/2022

Investing can be a risky business, but is it so risky that you shouldn't take part? This episode is all about helping you navigate the uncertainty of the market and helping you better understand the risks you may face both by investing and avoiding investing. Originally aired 10/12/2022

We get it - planning for retirement can be challenging, even if you start early, have help, and earn a good living! And there are costly mistakes many people make that can throw a retirement wildly off track. So, in this episode, we're covering retirement misfortunes and how to avoid (or recover from) them! Originally aired 10/5/2022

If you're 5-10 years out from retirement, you're in what we call the Retirement Red Zone. When it comes to football, most teams have a better than 50% chance of scoring when they enter the red zone. For retirement, those are bad odds! In today's show, we're pulling out the playbook for YOUR retirement red zone! Originally aired 9/28/2022

Many people imagine entering into retirement hand-in-hand with a partner or spouse, but that isn't always the case. While retirement advice can seem similar for couples and singles, there are some important differences. We've got a special guest today who literally wrote a book on aging solo, Carol Marak, to talk about some of these key differences! For more information on Carol Marak, check out her website: carolmarak.com! Originally aired 9/21/2022

Not so long ago, there was a time when many Americans felt comfortable planning for a 15 or 20-year retirement. But in recent years, retirement income planning has become much more challenging. In this episode, we're talking about why retirees feel unprotected and what you can do to feel more secure. And to help us out, we're joined by special guest Lauren Mitchell, LPL's  Vice President of Annuity Solutions! Originally aired 9/14/2022

Economic conditions of recent years have highlighted the financial fragility of many American households. So how can you prepare for retirement? Employer plans, like the 401(k), are a powerful tool! And in this episode, we're looking at how the SECURE Act 2.0 can have a big impact with some small changes to retirement plans! Originally aired 9/7/2022

You can spend years lining up your retirement, assuming everything will stand, only to see it quickly topple. When the dominos fall, the chain reaction can be negative OR positive. In this episode, we're looking at how to set up your dominos so they fall in your favor in retirement. Originally aired 8/31/2022

A quick scan of advertising about retirement these days is likely to produce a lot of noise about the impact of taxes on the retiree. But much of this advertising promotes fear! What's the antidote to fear? Education! And we're bringing education in this episode to provide some clarity on how taxes impact YOUR retirement. Originally aired 8/24/2022

Lifestyle. Longevity. Legacy. Liquidity. A critical question in thinking about life after work is whether you want to base your future income on "probabilities" or "safety-first." While there are no hard and fast answers, we're looking at how each of these approaches might play out in your own retirement. Originally aired 8/17/2022

The constant noise of negative economic news and market volatility can be exhausting! That media fatigue can be a danger to your long-term financial plans. On today's show, we're going to address some of those fears and get some market updates from LPL Research's Chief Global Strategist Quincy Krosby. Originally aired 8/10/2022

Social Security. Pension. Personal savings. Many financial planners once used the three legs to describe the most common sources of retirement income. But times have changed! Social Security alone won't cut it and pensions are nearly extinct. But in this episode, we're going to look at what should be supporting you in retirement and how we can help! Originally aired 8/3/2022

It’s GRFTFS at the Movies and yippie-ki-yay… well, you know the rest. It’s financial lessons from Die Hard! You'll learn: How to identify a get-rich-quick scheme How to stay focused on your goal and avoid altering your plan Why Die Hard is (or isn't?) a Christmas Movie Originally aired 7/27/2022

Current market conditions can feel like you're on a highway to the danger zone. But in today's show, the pattern is full of wisdom from 1986's Top Gun! Stay on our wing as we take you all the way in to land in financial independence. Originally aired 7/20/2022

Many middle-aged Americans are bringing up children while caring for aging parents. All the while, they're placing their own retirement needs on the backburner. If this is you, we're here to help with some ways to take care of the older and younger generations while keeping you on track for retirement! Originally aired 7/12/2022

Financial freedom starts with you and it begins with a solid foundation of education! Independence isn't easy - it takes strategy, determination, and often someone to work toward it with you. And with us today to keep you informed with what's going on in the markets is LPL's Chief Economist Jeffrey Roach! Originally aired 7/6/2022

When you think about retirement, whether you realize it or not, you dream about a life of financial independence. In this episode, we want to highlight a very real problem by telling you a story about a couple whose circumstances are a mixture of true events that can happen to virtually anyone. Originally aired 6/29/2022

In a world filled with information, where do you turn to get straight talk about retirement, investments, and your money? Join the GenWealth team on the Get Ready for the Future Show, the longest-running financial talk show in Arkansas, where we help bridge the gap between information and application!

Americans love to spend money. And if you're a spender, you're not alone. But we all know saving money is a good habit to have. In this episode, we're going to look at ways to save money even if it's not natural for you. Originally aired 6/22/2022

The stock market gets sensationalized in the media. EVERYTHING IS BAD! But stocks go up. Stocks go down. Repeat. Volatility is going to happen and how you view it shouldn't be linked to news headlines, but to your plan. In today's show, we're going to try and help you tune out the noise and focus on what this means for you. Originally aired 6/15/2022

Every couple has that one topic that causes an argument whenever it gets brought up. It could be as small as choosing where to eat or as big as issues with the in-laws. On today’s show, we’re talking all about how seeing a financial planner can change your relationship! Originally aired 6/8/2022

If you were going on a road trip but didn't know the destination, could you determine how close you are? Or if you're even moving in the right direction? That might seem absurd, but that's how many approach retirement - moving in a particular direction, unsure as to whether or not it will even get them to where they need to go. Today we're looking at how to avoid four of the biggest mistakes on the road to retirement. Originally aired 6/1/2022

Many potential investors talk about stocks and bonds. Bonds and stocks. But there are more than two asset classes! And the REITs is one we're going to break down for you in today's episode. Originally aired 5/25/2020

We can't make a lot of guarantees in our industry, but the one guarantee we can make is that market volatility will happen. It's normal. And while it can seem like the end of the world, it's not! And today we're talking about ways to benefit from these downturns. Originally aired 5/18/2022

Spring is here! Full of storms and pollen. But also cleaning! We're starting the show today with a look into what's going on with the markets and then pulling out the broom and dustpan to help you tidy up your financial house. Originally aired 5/11/2022

Small businesses of 500 employees or fewer make up 99.9% of all U.S. businesses and 99.7% of firms with paid employees. That's a BIG deal! If you're a small business owner, you’ve put in a lot of blood, sweat, and tears to build your business, and we’re all better off for it! This week we're discussing unique challenges (and solutions!) for business owners trying to secure the future retirement they deserve! Originally aired 5/4/2020

If you've tried putting together a puzzle only to find that it was missing a piece, it can be the most frustrating thing! What if you get to retirement and realize there are pieces missing? Today we're going over four pieces that you don't want to miss on the road to retirement. Originally aired 4/27/2022

Many Americans live paycheck to paycheck, worrying if there's going to be more month left than money. If you're one who is living with no financial margin, we want to give you some ways to break out of that cycle so you can build toward financial independence! Originally aired 4/20/2022

While there's no such thing as free money, getting a refund check that’s worth a couple of thousand dollars can sure feel like it! We know this show is called what to do with your tax return, but we'll also be covering some of the worst things to do with your refund! Catch the straight talk on finance, investing, and how to make the most of your return this year. Originally aired 4/13/2022

April Fool's Day has come and gone and today we want to give you three things to avoid so that your money doesn't make a fool out of you!  We're also joined once again by Ryan Detrick, Chief Market Strategist with LPL Financial, for an update on the markets, what's coming down the pike, and his best April Fool's prank. Originally aired 4/6/2022

In the world of finances and investments, there is a lot of industry jargon that gets bandied about. But what does it all mean? Today we're talking about QCDs (Qualified Charitable Distributions). What are they? And how can they benefit YOU at the same time as benefitting others? Originally aired 3/30/2022

Whether your kids are grown, are working their way there, or are some distant idea in the future, it’s safe for us to assume that you want to lay the groundwork and provide a foundation for them to succeed. So, this begs the question: how can you help set up the next generation to win financially? Originally aired 3/23/2022

We can't talk much about certainties in the financial industry because, well, there aren't many! But we can say with certainty that the market goes up and the market goes down. In today's episode, we're talking all about market madness and how to deal with it, and we're joined by LPL Chief Market Strategist Ryan Detrick. Originally aired 3/16/2022

You wouldn't go to your mechanic or hairstylist without knowing the cost. And whether it's an attorney or a contractor, you know you're going to pay for the services they provide. We pride ourselves in transparency and on today's show we want to clear up some confusion on exactly how financial advisors get paid and, more importantly, what YOU can expect. Originally aired 3/9/2022

March is Women's History Month. On our all-female show today, we're looking specifically at how many women approach their financial future. And bonus: we have a special guest! Karen Oeser, author of Mind of Gold: A Girlfriend's Guide to Financial Freedom, has some great resources for women looking for financial freedom. Financial Literacy for Her  Originally aired 3/2/2022

We're in the middle of what many are calling the "Great Resignation." And if you are among the many who are seeking new opportunities elsewhere, we're talking you through some essential financial decisions you'll need to make! Originally aired 2/23/2022

As one of life's certainties, taxes can be one of the most complex aspects of your retirement journey. What taxes you pay, and how much, after you retire depends on your income. We're going to cut through some of the confusion on today's show to help you account for taxes in retirement!