Episodes
Wednesday Sep 04, 2019
How Retirement Planning is Like a Game of Chess
Wednesday Sep 04, 2019
Wednesday Sep 04, 2019
There are many similarities between planning for retirement and a game of chess. In this episode, John makes the comparison by explaining which investment option is each chess piece on the board and how they can be used to maneuver you through the game of retirement.
Tuesday Aug 13, 2019
Handing Out Financial Superlatives
Tuesday Aug 13, 2019
Tuesday Aug 13, 2019
Remember your senior yearbook that included superlatives like 'Most Popular' and 'Class Clown'? Well, we're taking that idea and applying it to the financial world by picking out the investment options that are 'Most Overrated', 'Most Underrated', 'Most Popular', and 'Most Likely to Disappoint.'
Check out the show notes by clicking here.
Today's rundown:
[1:03] – Class Superlatives at the School of Financial Strategies
[1:33] Most Underrated: Roth IRA
[3:05] Most Overrated: Expensive Cars
[5:24] Most Likely to Disappoint: Whole Life Insurance Policies
[7:05] Most Popular: 401(k), 403(b), TSP (Thrift Savings Plan)
[9:20] – Possible Winner Overthrow?
Could the Roth take over as Most Popular?
[10:10] – Teachers Pet: The Variable Annuity
Thursday Jul 18, 2019
Getting Your RMD Ducks In a Row
Thursday Jul 18, 2019
Thursday Jul 18, 2019
Most people have a basic knowledge of Required Minimum Distributions (RMDs) but few understand how they pertain to IRAs and 401ks, as well as the intricate timing details that are essential to preparing to withdrawal for tax payments. For a better understanding of the best times to withdrawal as well as avoiding penalties, join John and Ron as they discuss a letter Ron recently received shortly after a big birthday.
Check out the show notes here: https://mrstillmansopus.com/retirement/getting-your-rmd-ducks-in-a-row/
0:45 - RMDs for 401(k)s
2:45 – RMDs for IRAs
4:35 – Here’s an example:
5:34 – When do you have to make a withdrawal?
7:00 - In what scenarios would I carry it over?
7:58 - Avoid a loss in penalties!
9:04 – Another Octave
Thursday May 09, 2019
The Retirement Grocery Store
Thursday May 09, 2019
Thursday May 09, 2019
If you think about it, planning for retirement is a bit like going to the grocery store. You need to know what you need, you need to know what you're paying, and at times, you need to purchase the more expensive product. These are just a few of the similarities. Join us as we unpack this analogy and help you shop for a meaningful retirement.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/investing-strategy/the-retirement-grocery-store/
Friday Mar 29, 2019
Four Dangerous Excuses
Friday Mar 29, 2019
Friday Mar 29, 2019
We often see people justifying their poor financial decisions by making excuses. We'll identify these excuses and explain why they lead to poor judgement.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/four-dangerous-excuses/
Friday Mar 15, 2019
Lessons From March Madness
Friday Mar 15, 2019
Friday Mar 15, 2019
March Madness is upon us, and everyone's excited for the upsets, buzzer beaters, and Cinderella stories. As a fan, it's an emotional time of year, and believe it or not, March Madness can teach us a thing or two about retirement.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/lifestyle/lessons-from-march-madness/
Wednesday Mar 06, 2019
This One's On The House
Wednesday Mar 06, 2019
Wednesday Mar 06, 2019
Our clients often ask us whether they should accelerate their house payments in order to pay off their house early. Join us as we explore the pros and cons of this strategy.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/real-estate/this-ones-on-the-house/
Wednesday Nov 14, 2018
Longevity Risk
Wednesday Nov 14, 2018
Wednesday Nov 14, 2018
We're living longer than ever, and of course, that's a good thing. However, longevity presents its own challenges. John explains.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/longevity-risk/
Tuesday Oct 23, 2018
Retirement On The Gridiron
Tuesday Oct 23, 2018
Tuesday Oct 23, 2018
This time of year, you can find football on TV almost every night of the week. Let's take some concepts from the gridiron and apply them to retirement.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/retirement-gridiron/
Tuesday Oct 09, 2018
Three Tax Tips
Tuesday Oct 09, 2018
Tuesday Oct 09, 2018
On this edition of the podcast, we’ll share with you three tax tips. Specifically, we’ll help you avoid making three crucial tax mistakes.
Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/three-tax-tips/