Radio Shows

The pandemic changed many things. We witnessed “The Great Resignation.” According to Pew Research, the nation’s “quit rate” reached a 20-year high last November.
Were you one of those who left?
If so, do you know all the options you have available to you for your company retirement plan distribution? Whether it’s a 401(k), 403(b), 457 or another type of company plan, there are several ways you can move or take the money. From an IRA rollover to a Roth conversion to a lump-sum distribution, it’s important to understand your options before making any decisions to avoid costly tax mistakes. There may also be significant tax-saving strategies to consider that are only available at the time of your distribution, so it is critical to proceed with caution.

In this two-part show, Heidi and Shea will discuss two key elements of retirement planning: Taxes and Transitions. Heidi will delve deep into the implications of how accounts are taxed, so that you can make a strategic plan to withdraw accordingly. Not all accounts are the same and, as the rules change, you must change your plans too.
Shea, a Certified Life Coach, will talk about the importance of understanding how to manage your transition into retirement. Even if you’re looking forward to it, having a plan to manage the change in relationships, time and resources will require a new set of tools.

Some shows can’t be summed up in one theme … especially when we have way too much to discuss! This week, we will revisit the SECURE Act regulations and what you need to know. The IRS is constantly working to clarify this law and has created more questions than answers. We will do our best to help “cut through the clutter” and get the answers you need!
Second, what does it take to plan for disabled and chronically ill IRA beneficiaries considering the SECURE Act rules? Don’t miss out because there’s a lot to discuss!
And finally, Heidi will help answer the question, “How much mortgage can I afford with the current interest rates?” This certainly is timely for those looking to make a change in their housing or purchase a second home.
Stay tuned and get ready to take some notes! This show will be full of great information. Also, don’t forget that you can text us LIVE at 231-237-7855 or call at 231-947-0023.
Tune in and take control!

History repeats itself, which is why we expect a recession about every six years. In fact, since 1945, the U.S. economy has weathered 12 different recessions. (History.com)
In 2020, when COVID-19 hit, we experienced such a small recession that it paled in comparison to 2009 – which was 13 years ago. We’ve been discussing this impending doom for quite some time.
Is it possible to rise above the decline? We think so.
In the coming hour, Shea will ask rapid-fire questions to our advisors, Dennis and Heidi, who have been studying the market, getting advice from their advisors and helping clients navigate this chaos. As always, we recommend you rise above the noise and consider all the possibilities. This show will teach you how to do just that!

According to a survey from Realtor.com, around 12% of baby boomers plan to sell their homes in the next year – a larger share than any other generation surveyed. They are a generation rich with real estate. In fact, according to Federal Reserve data, boomers surpassed the Silent Generation in real estate wealth in 2001. You can read more in the New York Times article, “Baby Boomers: Rich With Real Estate and Not Letting Go.” To deepen the conversation, it’s important to remember that the Silent Generation and the Baby Boomers, upon their death, will transfer an estimated $30 to $68 trillion to adult children.
Can you say, “Wowzer”?
Good thing we have a tax man, Jon Sluis with us today who can translate the implication of inheriting real estate, joint tenancy, recapture rates and selling commercial property for retirement income. This is a show you won’t want to miss – especially if you’re investments are in land.
Tune in and take control. It’s all fun and games until you must pay the government … again!

Our friend, Joe, has been planning his retirement since he was in his 20s. His paycheck, savings, real estate investments and IRAs were constantly tweaked to “perfection.” What is perfect for you? Is it a large retirement account? Not living here in the winter? Having family nearby? Working until you can’t?
Start by defining your perfect retirement, then work back accordingly. Asses your risk tolerance and be HONEST! Are you willing to take a 20% downturn in the market, and do you have time to recover? Do you have life insurance that your beneficiaries can benefit from? What about taxes?
The list goes on and on when it comes time to craft the “perfect” retirement. It starts with you dreaming about what it could look like and ends with executing the plan. The rest is a mystery, and we enjoy helping you navigate it!

As you can imagine, client questions have intensified as the market changes direction…again! There is always a dance between planning and pivoting. Financial planning requires us to be measured with both. We have the privilege of sitting with you week to week. We get to listen to your concerns, evaluate your options and focus on opportunities.
Today, Shea will ask your questions and Heidi will answer. Our discussion will include Ed Slott’s “Battle of the Roth Options” to help clarify the difference between a Roth IRA vs. a Roth 401(k). While we’ve mentioned it in passing before, we’ll dig a little deeper this week!
Tune in and take control.

The Elite Advisors of our office – Dennis, Heidi and Nathan – have recently returned from the Ed Slott Conference in Kansas City, and they are full of exciting updates regarding “all things IRA.” Heidi will focus on the common mistakes people make when inheriting IRAs.
For the first time ever, we have Nathan Prout joining the show LIVE to weigh in on his insights. Nathan graduated with a bachelor’s degree in Business Administration and Finance . He is an Elite Advisor with Ed Slott and company, LLC, and is our Director of Client Services. If you decide to create a financial plan, Nathan is the one who ensures data accuracy for our advisors. He is currently working on his Series 65 and will be a financial advisor in the very near future! When he’s not at work, he’s home with his wife Sarah and their new baby girl Simone.
Join us today as our three “money people” take over the airways!

According to the U.S. Census Bureau, in 2021, 34% of adults aged 15 and older had never been married. And nearly one-third of single adult men live with a parent. In fact, if you read this article in TIME magazine, you’ll discover that “marriage is becoming an increasingly elite institution – people get married for economic advantages.” Married? It’s very rare for a married couple to die on the same day, meaning, one of them will be single later in life managing day-to-day finances alone.
Join us today as we switch the conversation from couples to singles. Our guest, Bob Simpson from the Social Security Office, will share some valuable information for those making decisions about Social Security alone.

Are you thinking about semi-retirement? Ya know … where you work a little bit but not too much? It’s a way to dip your toes into full-time retirement without getting in too deep. You might negotiate a part-time position at your current job and golf part-time. Or, you can pursue a new career altogether and collect from a retirement account. What if you volunteered part-time and started a consulting company part-time?

The possibilities are endless IF you’re willing to dream about them. This show really takes the cake when it comes to the creative side of retirement planning.

Know what you want. Make the numbers work, then work part-time!