The Retirement Solution

Excessive government spending may have negative consequences for individuals’ financial future, and Wall Street is becoming more concerned about the impact of this spending on the economy. Jon also discusses being proactive and strategic through tax planning to minimize tax liabilities in retirement. Visit RetirementSolutionRadio.com to start building your retirement plan today!See omnystudio.com/listener for privacy information.

Jon interviews the Murray Bros. again at their annual Caddyshack Golf Tournament to discuss how the charity event came to be, where the peanut butter, lettuce and mayo sandwich came from, and how often the brothers get together to play golf.See omnystudio.com/listener for privacy information.

Following his retirement, Nick Saban’s wife Miss Terry gave him the “12 Commandments of Retirement” that he must abide by. Jon provides his own commandments in retirement that people should consider: Knowing your money is protected. Creating a lasting income stream. Minimizing taxes. Planning for a wealth transfer. Having a healthcare plan. Visit RetirementSolutionRadio.com to start building your retirement plan today!See omnystudio.com/listener for privacy information.

In this episode, Jon discusses the fear of running out of money in retirement and the importance of financial awareness. He explores the idea of working longer due to the fear of the unknown and the benefits of having a sense of paranoia about one's financial future. Jon shares a personal story about the consequences of procrastination and the impact it had on his parents' retirement. He also touches on the need to prioritize happiness and say no to making more money in order to embrace retirement. Visit RetirementSolutionRadio.com to start building your retirement plan today!See omnystudio.com/listener for privacy information.

Steve Eisman, known for shorting and profiting on the housing market collapse in 2007-2008, recently said that the Fed shouldn't cut rates this year due to the economy being fine despite higher interest rates. In this episode, Jon explains the implications of an extended pause on rates and how retirees can be prepared for the many different outcomes that could happen as a result. Visit RetirementSolutionRadio.com to build your retirement plan today!See omnystudio.com/listener for privacy information.

The inverted yield curve, where short-term rates are higher than long-term rates, is often seen as a sign of an impending recession. But how accurate is this signal? And does it really matter? In this episode, Jon breaks down the most recent recessions we've experienced and why bear markets aren't as bad as they seem. Plus, listen how to prepare for the numerous bear markets when living out your retirement years, and focusing on controlling what you can control when it comes to your retirement plan. Connect with Jon and his team to start planning for your retirement. Visit RetirementSolutionRadio.com and start building your financial plan today!See omnystudio.com/listener for privacy information.

The latest inflation number came in higher than expected which has led to speculation about when the Federal Reserve will begin to cut interest rates. In this episode, Jon explains how cutting interest rates isn't always a positive thing and what negative effects it could have on a retirement plan. Learn about why preparing for different market environments is crucial when developing an income plan. Connect with Jon and his team to start planning for your retirement. Visit RetirementSolutionRadio.com and start building your financial plan today!See omnystudio.com/listener for privacy information.

Recently at CRS in Nashville, Cody Johnson shared how he discovered his purpose in life while performing on stage. Finding purpose in retirement can be challenging, but it doesn’t have to be. On this episode, Jon explains that retirement is about doing what you want, when you want, and discovering what truly matters to you as you think ahead to your golden years. Connect with Jon and his team to start planning the retirement of your dreams. Visit RetirementSolutionRadio.com and start building your financial plan today!See omnystudio.com/listener for privacy information.

March Madness is here, which means you’ve probably questioned your bracket selections. Tax season is also here, which means you’ve probably questioned what tax bracket you’ve fallen into. Retirees often think they will pay less taxes because they’re no longer working, but that isn’t always the case. On this episode, Jon explains how every dollar is taxed differently and shares a story of how Warren Buffet, one of the richest people in the world, was in a lower tax bracket than his secretary. Learn about the strategies retirees can take advantage of when living off their life savings. Connect with Jon and his team to learn about your tax situation. Visit RetirementSolutionRadio.com and start building your financial plan today!See omnystudio.com/listener for privacy information.

The 4% Rule was developed in 1994 to ensure retirement savings last. But is this calculation too outdated for today’s retirement plan? On this episode, Jon explains that there’s still a 19% chance of running out of money when using the 4% rule. Hear his ideas on creating an individually tailored income plan ranging from stocks, ETFs, and annuities to meet various needs in retirement planning. Connect with Jon and his team to learn about your specific needs in retirement. Visit RetirementSolutionRadio.com and start building your financial plan today!See omnystudio.com/listener for privacy information.

Entertainer of the Year & Grammy Award-winning singer songwriter Lainey Wilson joins Jon at Country Radio Seminar from Nashville. Lainey details how country music became a lifestyle for her as a child, and shares what she prefers between singing, acting and songwriting. Visit RetirementSolutionRadio.com to connect with Jon and his team to begin planning for your retirement today!See omnystudio.com/listener for privacy information.

There’s a group of Boomers facing their own “retirement crisis,” thanks to the Great Recession. New research shows the youngest Baby Boomers (born between 1960 and 1965) have significantly less wealth than older Boomers, because the recession hit during their peak earning years. For many, their savings never recovered, even though they were 15 years or more from retirement. On this episode, Jon reminds how this same thing could happen to any of us at any time, emphasizing the importance of working to secure your savings from the next recession. Hear his ideas on ways to protect yourself from market downturns, create retirement securities despite future recessions, and options to help safeguard your income in retirement. Don’t let future markets determine your future happiness. Visit RetirementSolutionRadio.com and start building your financial plan today!See omnystudio.com/listener for privacy information.

Are you paying millions more in taxes than you need to? On this episode, Jon’s talks about the hidden tax trap that may be lurking in your retirement accounts. We also discuss how the IRS won’t give you tax advice, but often your financial advisor won’t either. So, who can you turn to for ideas on tax strategies? Jon shares how you may be able to save thousands in taxes (even while you're still working), moves to convert IRAs to Roth IRAs tax-efficiently, and ideas to help avoid common tax mistakes while working to maximize your retirement income. Take action against the taxman! Visit RetirementSolutionRadio.com and start planning your tax-smart retirement today.See omnystudio.com/listener for privacy information.

Next time you check out of a hotel, double check your receipt first! Some hotel chains are now charging a “parking fee” to guests, even if they’re not parking a car. On this episode, Jon exposes the common hidden fees in mutual funds, how fee structure changes can happen in your 401(k) without you knowing, while also offering ideas on better-performing options. Learn about: How "transparent" fees can still cost you thousands. Truths about 401K fees (and when it may be better to go solo). Exchange-Traded Funds (ETFs): That may have lower fees and better performance. Don't let sneaky fees drain your accounts. Visit RetirementSolutionRadio.com and set a time for a fee Xray on your retirement savings.See omnystudio.com/listener for privacy information.

Many are confused about how much you need to retire. Recently, Shark Tank’s Kevin O’Leary said that number is $5 Million! On this episode, Jon Hicks explains why you should forget the unrealistic "magic number" and turn your focus towards strategies to generate income in retirement. We discuss why a “one-size-fits-all approach” often does not work, alternative income-generating strategies to help protect your principal and fight inflation and why, at J Hagan Capital, they believe in front-loading retirement plans to help maximize enjoyment in the early years. Stop worrying about a specific number. Visit RetirementSolutionRadio.com and start building your retirement income planSee omnystudio.com/listener for privacy information.

Many are sick of feeling trapped by high taxes, particularly California residents. Which explains why the state has lost over 750 thousand residents over the last three years. The oppressive state tax rate of 13.3% has folks packing up and headed for states like Florida, Texas and Tennessee which have no state income tax. But if moving is not one of your retirement goals, at J Hagan Capital they can show you alternate solutions that could work within your plan. On this episode, Jon Hicks discusses practical tax-saving techniques for those with substantial incomes, small business owners, and those investment properties. If you’re seeking tailored tax mitigation strategies, connect at RetirementSolutionRadio.com to learn what your options might be.See omnystudio.com/listener for privacy information.

Owning a business is a passion project. So, what happens when you want to retire? In this episode, Jon explores the challenges and emotional nuances that come with considering an exit strategy. Drawing from personal experience as a small business owner himself, Jon’s speaks about the shift in mindset required when transitioning from the hustle of running a business to the prospect of retirement. Learn why having a sellable business is crucial and how to assess its true value. Jon also dives into the economic climate, emphasizing the urgency for small business owners to evaluate their options amid the retirement boom. Whether you're considering selling, passing on to the next generation, or creating your exit plan, at J Hagan Capital, they can show you options to create a smooth transition into retirement. Connect at RetirementSolutionRadio.com.See omnystudio.com/listener for privacy information.

The W-2 statements you’re getting serve as a reminder that it’s tax season. And if you took advantage of higher interest rates on CDs, money-market funds, and certain bonds in 2023, there’s another statement you’ll see – a 1099-INT – the ‘INT’ stands for interest income… Yes, you have to pay taxes on that money, proving that the 5% you earned isn’t really 5%. On this episode, financial advisor Jon Hicks discusses the realities of our tax burdens sharing ideas on ways you may be able to “do better” with your investments now, in effort to reduce your obligations later. Learn more about the impact of ordinary income on your investments, from CDs to money market funds. Discover why municipal bonds and other tax-efficient strategies could help maximize your returns. If you're tired of the tax surprises, go to RetirementSolutionRadio.com and begin the conversation about actionable insights to help optimize your financial strategy.See omnystudio.com/listener for privacy information.

In the golfing world, a “mulligan” is a do-over. But the ability to have a second chance in your retirement may not be so easy. On this episode, financial advisor Jon Hicks shares the 5 crucial strategies they believe everyone needs to live out a comfortable retirement, even when things don't go according to plan. Learn about protecting your retirement investments from market swings, boosting income potential, minimizing taxes, legacy and healthcare planning. Avoid “do-overs” in your retirement. Visit RetirementSolutionRadio.com to learn more about navigating the course with more confidence.See omnystudio.com/listener for privacy information.

On this episode, financial advisor Jon Hicks uses Shohei Ohtani’s landmark deal with the LA Dodgers to highlight the smart financial moves you can make to help better secure your future. Jon breaks down steps for individuals, small business owners, and professionals to help maximize savings and create a tax-smart financial strategy. Discover insights on tax-efficient planning and how understanding the tax code can be a game-changer. Learn how keeping more of what you've earned could be the key to your financial success. Visit RetirementSolutionRadio.com to connect with Jon and his team at J Hagan Capital.See omnystudio.com/listener for privacy information.

The stock market was up 8% in November. Some economists say it’s based on hope that interest rates will finally come down next year, but others argue that the market can keep going even with higher interest rates. On this episode, we hear from economist Ken Polcari who challenges the need for rate cuts, saying a 5% rate is sustainable. Drawing on personal experiences and historical mortgage rates, Jon paints a vivid picture of the market's resilience and the potential impact of fluctuating interest rates on investments. He continues by highlighting current alternatives thanks to higher interest rates. Options like insured indexing and principal protected notes are providing investors more options for diversification. Connect with Jon and his team at J Hagan Capital to learn ideas on combining historical wisdom with modern financial opportunities in your own plan.See omnystudio.com/listener for privacy information.

In this episode, financial advisor Jon Hicks delves into lesser-known opportunities, such as “backdoor Roth conversions,” highlighting the tax advantages and potential growth of converting after-tax dollars into a Roth 401(k), whether you're approaching retirement or are already retired. As Jon breaks down these complex financial strategies, he emphasizes the importance of understanding the rules and laws governing your money. Whether you're fine-tuning your retirement plan or starting from scratch, this episode provides actionable insights to help secure your financial well-being. Don't let the year end without exploring available financial moves. Connect with Jon and his team at J Hagan Capital to learn unique ways to maximize your retirement.See omnystudio.com/listener for privacy information.

In this episode, Jon Hicks unravels the complexities of healthcare costs in retirement. With alarming studies projecting substantial expenses, Jon dives into the numbers, dissecting the 90% chance that a 65-year-old couple needs nearly $300,000 in savings for healthcare coverage. Drawing from his own personal experiences of his father’s healthcare needs and costs, Jon addresses the genuine concerns retirees face when it comes to preserving their savings amid healthcare challenges. He emphasizes the need for a comprehensive approach, touching on protection, income strategies, tax efficiency, wealth transfer, and the evolving landscape of long-term care planning. Don't let healthcare costs catch you off guard. Connect with Jon and his team at J Hagan Capital.com for actionable insights to help fortify your financial future.See omnystudio.com/listener for privacy information.

In this episode, Jon Hicks takes a sharp turn into the realms of financial etiquette and questionable advice, spotlighting the recent proclamation of a popular nationally syndicated personal finance radio host who said retirees should stay 100% invested in stocks and withdraw 8% of their portfolio each year—with no worries. Jon dissects why this advice is not only unrealistic but downright dangerous. From the fallacy of consistent 12% market returns to the volatile nature of equities, discover why a customized approach to retirement planning is crucial. Jon breaks down the math, debunking the myths around high withdrawal rates and emphasizing the importance of understanding market history. Don't let impractical advice jeopardize your financial future. For personalized insights and guidance, connect with Jon and his team at J Hagan Capital. Visit RetirementSolutionRadio.com to continue the conversation.See omnystudio.com/listener for privacy information.

New inflation numbers came in lower than expected. October's Consumer Price Index was 3.2%, down from September’s 3.7%, and the core CPI (which excludes food and energy prices) dropped one-tenth to 4.0%. Still, the numbers remain higher than the Fed’s goal of 2%. In this episode, financial advisor Jon Hicks shares insight on the intricate dance of preparing for your financial future amid the challenges of inflation, market risks, and the critical need for a sustainable income in retirement. As savers seek ways to create increasing income in retirement, to account for inflation, Ron Barron of Barron’s Magazine says to look to the market for that growth. But the market comes with its own risk that can compromise retirees’ savings. Discover the importance of efficient portfolio design, why lumping everything together can be a detriment, and how to allocate your assets intelligently. From safeguarding a portion of your portfolio with no-risk, high-yield options to strategically investing in growth opportunities, learn ideas on crafting a more resilient financial plan. Don't let financial uncertainty cast a shadow over your retirement. Visit RetirementSolutionRadio.com to continue the conversation with Jon and his team at J Hagan Capital.See omnystudio.com/listener for privacy information.

From avoiding the "Browns," to building 3-story houses, there are real strategies to winning at Monopoly… and the same goes for your retirement plan. On this episode, Jon delves into ideas on real-world wealth-building and the importance of protecting that wealth from unnecessary taxes. He breaks down the complexities of the tax code and shares ideas to make it more accessible for listeners eager to safeguard their dollars. With potential changes in tax laws looming, Jon further emphasizes the need for a proactive approach. Uncover the secrets to paying the least amount of taxes over your lifetime and discover a three-generational tax-free wealth transfer strategy that could revolutionize your financial legacy. Don't let your financial strategy be a game of chance. Connect with Jon and his team at J Hagan Capital to learn more about making your dollar go further.See omnystudio.com/listener for privacy information.

Join Financial Advisor Jon Hicks as he dives into the evolving landscape of retirement planning amidst "funflation." With the rising costs of experiences and entertainment, there's a new challenge in retirement — balancing the desire for fun with the need for financial security. From the surprising impact of inflation on everyday items to the skyrocketing prices of concert tickets, Jon discusses the tangible effects of “funflation” on retirees while sharing insight on how to enjoy the vibrant experiences you've dreamed of without jeopardizing the sustainability of your financial future. Learn about the concept of "front loading retirement" and why you should factor in the unique pressures and stresses on your investment portfolio during the early years of retirement. Ready to craft a retirement plan that blends fun and stability? Start the conversation with Jon and his team at J Hagan Capital.See omnystudio.com/listener for privacy information.

In this episode of The Retirement Solution, Jon Hicks heads to Nashville to sit down for a great interview with one of the most powerful couples in music today. Sixteen-time Grammy award-winning musician, composer, and producer David Foster and his wife, acclaimed singer-songwriter, television and Broadway star Katharine McPhee recently joined forces on stage with the Nashville Symphony for an intimate performance of some of their most popular songs. Afterwards, they joined Jon backstage to discuss family, professional drive, and the legacy they hope to leave! Connect with Jon and his team at J Hagan Capital today!See omnystudio.com/listener for privacy information.

It doesn’t make sense when you can get a higher return for a 1-year bond than a 3-year bond, but that is what’s happening right now. It’s called an ‘inverted yield curve’ and it often signals a recession, which some say is still possible. So, what does that mean for a retiree's portfolio? In this episode of the Retirement Solution, Jon Hicks unpacks the complicated narrative of today’s economy. While the term "recession" has been swirling around, it hasn't fully materialized. Meanwhile, increasing life expectancies mean that locking in rates for three, five, or even ten years could be more beneficial than you think. Uncover ideas to help protect principal and maximize earnings, all while weathering potential economic storms. Understand how the inverted yield curve may benefit your retirement plans and discover why some savvy investors are making the most of this unique financial climate. Don’t let the economy control your financial future - Connect with Jon and his team at J Hagan Capital to learn about what opportunities you may have.See omnystudio.com/listener for privacy information.

A new study from Morningstar looked at the performance of TDF's over the last 15 years and concluded: “If Target Date Funds had never been invented, and Vanguard and Fidelity had placed that money in a balanced fund, investors would be significantly wealthier today.” As you get closer to retirement, the TDF's in your accounts are supposed to move to more conservative investments. Yet, many lost significant amounts in 2022 because of the "bad" bond market. In this episode, Jon argues that Target Date Funds are inefficient, costly, and can bear the burden of things like phantom income taxes. But it’s not all doom and gloom… he also shares ideas on ways you may be able to build a well-orchestrated, simple portfolio that aligns with your risk tolerance and investment goals. Don't let your retirement savings erode in the shadows of inefficiency. Connect with Jon and his team at J Hagan Capital to explore your available investment opportunities.See omnystudio.com/listener for privacy information.

Are you among the many Americans unaware of the tax consequences that may be looming within your retirement savings? In this episode, Jon discusses the importance of understanding the tax implications of your retirement savings. He highlights the issue of required minimum distributions (RMDs) from traditional IRAs and 401(k)s, and how they could push you into a higher tax bracket, but strategies like Roth conversions could help ease these burdens. For small business owners, landowners, and those contemplating the sale of assets, Jon discusses tax-saving strategies that may reduce your tax liability. Whether you're dealing with large land sales or considering the sale of a business, these insights could save you a significant amount. Don't wait until you're hit with a massive tax bill; start planning now. Connect with Jon and his team at J Hagan Capital to explore what solutions may be available to you.See omnystudio.com/listener for privacy information.

As we enter the year’s 4th quarter, it's time to think about Required Minimum Distributions (RMDs). With the age for RMDs shifting to 73, it's crucial to understand how these distributions play a role in your plan. What if there was a better way to handle these withdrawals? We hear from Morningstar’s Christine Benz who says for some, RMDs may actually present opportunities. Jon shares his thoughts on the idea, plus insight on strategies that may help mitigate their impact on your savings. Connect with Jon and his team at J Hagan Capital for insight to help diffuse the "tax time bomb" often associated with RMDs, which may also create substantial savings on future taxes and offer more control over your retirement funds.See omnystudio.com/listener for privacy information.

On this episode of The Retirement Solution, Jon shares the personal story of his father who worked until he had a stroke at age 69. Personally, this experience taught Jon to live in the present and enjoy every moment he has with his family. Professionally, it has motivated him to help everyone he meets embrace the opportunities of retirement and understand how this new chapter can be filled with experiences, cherished moments, and personal fulfillment. Having helped nearly 2000 people navigate the complexities of retirement planning, Jon has a deep understanding of building plans that are not just about financial stability, but about living life to the fullest as well. Don't miss this heartfelt and eye-opening discussion that just may inspire you to rethink your options. If you’ve been putting off retirement, connect with Jon and his team at J Hagan Capital to learn how they can help you craft the retirement you've been dreaming of. #Retirementdreams #Retirementstrategy #Retirementgoals #lifeplanning #retiresooner #family #legacy #RetirementQuestions #RetirementConcerns #RetirementIncome #RetirementPlanning #RetirementStrategies #RetirementPlan #financialliteracy #wealth #fyp #podcast #retirement #financialadvisor #JonHicks #JHaganCapital #Kentucky #LouisvilleSee omnystudio.com/listener for privacy information.

Recently, Jon had an opportunity to travel to Yale University and meet with two of the most respected individuals in the field of investing: Dr. Roger Ibbotson and Dr. William Goetzmann. Dr. Ibbotson, founder of Morningstar, has revolutionized how we think about investments and risk. His colleague, Dr. Goetzmann has done extensive research in alternative investments, hedge funds, and the risk-reward relationship. They are not only geniuses in their field, but now themselves are approaching retirement and understand the questions that many individuals have about investments in this next phase of life. On this episode of The Retirement Solution, Jon asks for their insight on the many financial concerns retirees are facing today…This is their conversation. Connect with Jon and his team at J Hagan Capital to learn more about building your retirement plan. #YaleUniversity #RogerIbbotson #WilliamGoetzmann #Morningstar #AlternativeInvestments #Risk #Investing #RetirementQuestions #RetirementConcerns #RetirementIncome #RetirementPlanning #FinancialInvestments #FinancialStrategy #RetirementStrategies #RetirementPlan #investingforretirement #riskmanagement #retirementspendingplan #financialliteracy #wealth #fyp #podcast #retirement #financialadvisor #JonHicks #Kentucky #LouisvilleSee omnystudio.com/listener for privacy information.

The Wall Street Journal reports that many investors age 55 and up are putting most of their nest egg into the stock market, which could backfire if there was a major tumble, especially for older retirees. On this episode of The Retirement Solution, Jon Hicks talks about what you can learn by following the investment models of top university endowments. These endowments have to spend money every year, regardless of what the market does (much like you’ll need to do after you leave the working world), so they have much experience in protecting their downside and generating consistent returns. Jon explains how university endowments utilize alternative investments to help reduce risk and smooth out returns, as they’re often less correlated to the market. He also shares his thoughts on the importance of having a spending plan in retirement to help you determine how much money you need to withdraw from your portfolio each year, so you don't run out of money too early. Connect with Jon and his team at J Hagan Capital to learn ideas to better protect your retirement savings. #RetirementIncome #RetirementPlanning #FinancialInvestments #FinancialStrategy #RetirementStrategies #RetirementPlan #investing #universityendowments #alternativeinvestments #riskmanagement #spendingplan #investingforretirement #universityendowmentsstrategies #alternativeinvestments #riskmanagement #retirementspendingplan #fiduciaryadvisor #financialliteracy #wealth #fyp #podcast #retirement #financialadvisor #JonHicks #Kentucky #LouisvilleSee omnystudio.com/listener for privacy information.

Nowadays the choices on everything from home renovations to investment options seem endless, which can trigger “analysis paralysis” for many. On this episode of The Retirement Solution, Jon dives into the complexities of modern decision-making. As the financial landscape constantly changes, even traditional indicators may no longer apply. Financial analyst Eddie Gabor, sheds light on how the market's behavior can sometimes defy economic logic and emphasizes the need for caution in uncertain times. To help navigate these waters, Jon shares more on insured indexing which could help protect your downside while giving you upside potential. Insured indexing is a concept that's been around, but higher interest rates make it more attractive now with potential for tax-efficient returns. If you're looking for a way to protect your savings from inflation and get some upside potential, insured indexing is a strategy worth considering. Discover what investment options may work within your retirement plan. Connect with Jon and his team at J Hagan Capital and get started today! #RetirementIncome #RetirementPlanning #FinancialInvestments #MarketBehavior #PrincipalProtectedNotes #FinancialStrategy #TaxEfficientReturns #InsuredIndexing #StockMarket #FinancialLandscape #RetirementStrategies #RetirementPlan #fiduciaryadvisor #financialliteracy #wealth #fyp #podcast #retirement #financialadvisor #JonHicks #Kentucky #LouisvilleSee omnystudio.com/listener for privacy information.

On this episode of The Retirement Solution, Jon delves into financial strategies that may help safeguard your retirement income from surprising taxes. Discover how seemingly harmless choices can inadvertently push you into higher tax brackets, costing you thousands. Jon explains how “bracket bumping” and "phantom income tax" could be hiding your accounts and eroding your savings, while offering ideas on alternatives to tax-inefficient mutual funds and strategies to avoid these pitfalls. Ready to optimize your retirement income plan? Connect with Jon and his team at J Hagan Capital and get started today! CLICK HERE to attend one of our upcoming workshops on Estate Planning. #FinancialFuture #AlternativeInvestments #StructuredNotes #InsuredIndexing #StockMarket #FinancialLandscape #RetirementStrategies #RetirementPlan #fiduciaryadvisor #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #retirementassets #retirementmistakes #TaxEfficientInvestments #TaxBrackets #MutualFunds #ExchangeTradedFunds #ETF #FinancialPlanning #TaxEfficiency #InvestmentAlternatives #retirement #financialadvisor #financialliteracy #phantomincometax #bracketbumping #jonhicksSee omnystudio.com/listener for privacy information.

Matt Damon and Ben Affleck’s movie “Air” revolves around Nike's audacious risk in 1984 to build a shoe line around an unknown NBA rookie, Michael Jordan… the story prompts a thought-provoking question: “How much should you rely on intuition when designing your retirement plan?” On this episode of The Retirement Solution, Jon looks at the dynamics of investment intuition versus mathematical strategy. Noting the distinction between intuition in business decisions and the emotion that often drives some to make poor investment decisions, Jon points out the importance of relying on mathematical strategies when planning for retirement. With the current financial landscape, there are many lower-risk, alternative investment options for retirees. Learn about structured notes, insured indexing, and other strategies that can provide guardrails while offering the potential for attractive returns. Discover how to balance the allure of the stock market with the need for a stable financial future. If you're seeking insights on combining intuition and mathematics to better secure your retirement, connect with Jon and his team at J Hagan Capital. CLICK HERE to attend one of our upcoming workshops on Estate Planning. #RetirementPlanning #InvestmentIntuition #MathematicalStrategy #FinancialFuture #AlternativeInvestments #StructuredNotes #InsuredIndexing #StockMarket #FinancialLandscape #RetirementStrategies #FinancialStability #RetirementPlans #fiduciaryadvisor #financialstrategy #retirement #financialadvisor #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #retirementassets #retirementmistakes #retirementsavingsSee omnystudio.com/listener for privacy information.

College football is just around the corner and tailgating season will soon be in full swing. But before you head to the game, make sure you’re aware of “junk fees.” Many restaurants and bars are now adding hidden fees to their bills which can add up over time. In this eye-opening episode of The Retirement Solution, discover the shocking parallels between hidden fees in restaurants and your retirement savings. Financial advisor, Jon Hicks uncovers some surprising truths behind hidden fees that may be eating away at your retirement savings while revealing the detrimental impact that “seemingly small” fees can have on your 401(k). Jon sheds light on the importance of fee transparency and how acting now can save you thousands in the long run. Don't let your hard-earned money slip away unnoticed. At J Hagan Capital , Jon and his team can help empower you with knowledge to take control of your financial future. CLICK HERE to attend one of our upcoming workshops on Estate Planning. #common401kmistakes #fees #retirementplanning #fiduciaryadvisor #financialstrategy #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #retirementassets #retirementmistakes #junkfees #hiddenfees #401kfees #retirementsavings #financialplanning #financialadvisorSee omnystudio.com/listener for privacy information.

On this episode of The Retirement Solution, financial advisor and retirement planner Jon Hicks discusses common misconceptions surrounding 401(k)s, while sharing his insight on ways to better prepare for your financial future by demystifying the complexities of 401(k)s. Learn why simply maxing out your 401(k) might not be the best strategy and explore alternative options to help secure your retirement savings. From understanding employer matches to making informed decisions about tax-deferred and tax-free investment vehicles, Jon shares actionable advice to help you make the most of your retirement journey. At J Hagan Capital , Jon and his team can help you gain a deeper understanding of your retirement investments to help ensure a more secure financial future. CLICK HERE to attend one of our upcoming workshops on Social Security & Taxes and Estate Planning. #common401kmistakes #401(k) #employer401kmatches #alternativeinvestments #retirementplanning #fiduciaryadvisor #financialstrategy #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #401(k) #retirementassets #retirementmistakesSee omnystudio.com/listener for privacy information.

A Seinfeld scene, from over 30 years ago, still gets a lot of online views because it still resonates with the many Americans who’ve had to manage a debacled reservation. On this episode of The Retirement Solution, financial advisor Jon Hicks uses his own similar experience to point out the mistake that so many make by heading into retirement with only assumptions about their financial plans, especially when it comes to their 401(k)s. Jon breaks down the complexities of retirement planning into actionable steps that empower you to make more informed decisions for a financially fit future. At J Hagan Capital , Jon and his team can help you discover the hidden pitfalls of 401(k) investments and how they impact your retirement, gain an understanding of the often-overlooked fees that could be draining your savings, and explore the potential benefits of rolling your 401(k) into a self-directed IRA. #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #401(k) #retirementassets #retirementmistakesSee omnystudio.com/listener for privacy information.

On this episode of The Retirement Solution, we hear a clip from Jon’s recent conversation with country music star Gary LeVox, the common bond they share being “Girl Dads,” and a funny exchange about the financial lessons they hope to pass on to their daughters. This translates into a conversation around the long-term care planning you can do now to prevent being a financial burden on your spouse, children, and family. At J Hagan Capital , Jon and his team can help you discover options that may fit into your overall retirement plan to alleviate the mental and financial burdens of long term care and help you avoid a nursing home taking your lifetime of savings. #GaryLevox #CountryMusic #longtermcare #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #Kentucky #Louisville #lifeinsuranceSee omnystudio.com/listener for privacy information.

Financial advisor Jon Hicks recently took a trip to Nashville and had the opportunity to sit down with award-winning singer/songwriter Gary LeVox of Rascal Flatts fame. They discuss Gary's solo career, being a girl dad, and so much more! Connect with Jon Hicks and his team at J Hagan Capital today!See omnystudio.com/listener for privacy information.

Even the Federal Reserve has acknowledged Taylor Swift’s impact on the economy. Her “Eras Tour” is not only selling out, but there are estimates it could generate $4.6 billion in U.S. consumer spending when factoring in things like travel, hotels, tickets, merchandise, etc. That is larger than the Gross Domestic Product of 35 countries! Only 33, Taylor Swift is showing no signs of slowing down, and she’s not alone. The reasons for most who plan to continue working, however, are unfortunately different from Swift’s… Many Americans plan to work longer because they don’t think they’re financially ready for retirement. On this episode of The Retirement Solution, financial advisor Jon Hicks shares the 4 worries he commonly sees his clients battle and how he and his team help to alleviate those concerns. Figuring out the money is usually not what complicates a retirement plan…It’s figuring out what you want to achieve in retirement that often trips people up. At J Hagan Capital they can help you uncomplicate the process by creating a streamlined plan to help you achieve your goals.See omnystudio.com/listener for privacy information.

On this episode of The Retirement Solution, we hear how Arnold Schwarzenegger keeps up with childhood friends in Austria, and how those conversations have changed now that they’re all in their 70’s. This spawns a discussion about how investing strategies for people aged 55 and older may not be changing enough. The Wall Street Journal reports that many investors age 55 and up are putting most of their nest egg into the stock market, which could backfire if there’s a major tumble… The reasons for the stock-heavy portfolios are the need to “catch up” and the feeling that there are no other options. Financial advisor and retirement planner Jon Hicks wants you to know that there are other options, including ones that have just recently become available due to high interest rates. Connect with Jon Hicks and his team at J Hagan Capital to learn more about today’s investment opportunities and what could work within your plan.See omnystudio.com/listener for privacy information.

The S&P is up 20% from its October low, so technically we are in a new bull market. But one Bank of America strategist disagrees saying tech stocks (specifically those in artificial intelligence) are holding the market up and that this feels more like a combo of 2000 and 2008 – a big rally before a big collapse. On this episode of The Retirement Solution, Financial Advisor Jon Hicks talks about investment options you may have while working to make sense out of all the mixed market signals and opinions you’re hearing. Connect with Jon Hicks and his team at J Hagan Capital to learn more about today’s investment opportunities and what could work within your plan.See omnystudio.com/listener for privacy information.

Did you get a tax refund this year or did you owe? Many people believe that if you get a refund, you did it right, and if you pay, you did it wrong. On this episode of The Retirement Solution, Financial Advisor Jon Hicks explains why this may be the wrong way to think about it. Getting a refund is not necessarily an indication that you did everything right as you may have overpaid on your taxes throughout the year. On the other hand, if you end up owing money when you file your return, it doesn't necessarily mean you did anything wrong either. It simply means that you didn't pay enough taxes throughout the year to cover your liability. The dynamic with taxes in retirement can be different as well. Depending on your retirement income sources and tax planning strategies, you may end up owing taxes or receiving a refund. Jon highlights 3 options you may have to increase your tax efficiency and how he works to educate his clients on the benefits of a “long game” tax plan, particularly for their retirement savings and legacy plan. Do you have a plan for not just today’s tax rate, but the taxes over the course of your retirement and within your wealth transfer plan? Jon Hicks and his team at J Hagan Capital can help you find options that you may have for greater tax efficiency.See omnystudio.com/listener for privacy information.

The Federal Reserve says it’s pausing on interest rate hikes for now, but it’s also not ruling out another increase if inflation remains stubborn causing differing opinions among economists to continue. Paul McCully says he’s not expecting a recession, while others remain unsure… On a micro level, financial advisor Jon Hicks wants you to know about investment opportunities that you have, right now, thanks to the higher interest rates. Plus, Jon points out economic similarities he’s noticing between the current climate and the climate that was leading up to the dot com crash of 2000. Are you taking full advantage of available investment and income opportunities?? Jon and his team at J Hagan Capital can show what those might be while creating a retirement plan customized to your goals for the years ahead.See omnystudio.com/listener for privacy information.

Even successful comedians have problems letting go with the money they’ve earned. We hear from Sebastian Maniscalco and the troubles he has spending the money he’s earned. Financial advisor Jon Hicks shares the humble beginnings he himself comes from, the shared understanding of this mindset, and how he regularly hears the same concerns from people who come to him seeking advice. Are you afraid to spend your money? Jon and his team at J Hagan Capital can help you build an income plan for your retirement to help you spend with confidence.See omnystudio.com/listener for privacy information.

You think when you’re boarding a plane that it’s been thoroughly cleaned, but a former flight attendant shares insight on how clean planes really are… or are not. Financial advisor Jon Hicks explains that this isn’t the only unknown “filth” you may be living with. He and his team at J Hagan Capital regularly find dirt hiding in the portfolios of those who come to them for second opinions on their retirement savings. How do you find hidden filth in your savings? Jon and his team can help you look where you didn’t know to look before. Visit RetirementSolutionRadio.com.See omnystudio.com/listener for privacy information.