Radio Shows

You’ll have to forgive us. Last week’s show was a bit “all over the map,” as one listener said. It was the week after the holidays and we were getting back our sea legs. At the very least, we hope you were entertained?
This week, we promise to rein it in with the cha-cha-changes of 2018 to your Social Security, 401(k) plans and Roth IRAs. We will also discuss the contribution limits for all retirement plans. Perhaps this information will give you better parameters for your financial resolutions this year.

Did you know that approximately 50% of the population makes a resolution each New Year, and 80% of them will fail by February? Not only is this not shocking, it’s discouraging. Why start when there’s no guarantee of finishing? What’s the difference between the 80% who fail and the 20% who succeed?
I think the better question is this: “A year from now, what do you want to be celebrating? And, how much will it cost?” Every goal requires resources, and starting at the very beginning is a very good place to start.
Join us as we help you dream a little bigger and think a little more clearly about the financial realities required to make those resolutions come true.

According to Money Magazine, “Indeed, 70% of wealthy families lose their wealth by the second generation, and a stunning 90% by the third, according to the Williams Group wealth consultancy.” Not in the 1% of the population of ultra-affluent? Consider this from CNBC, “Over the next several decades, the biggest and wealthiest generation in U.S. history will transfer roughly $30 trillion in assets to their Gen X and Millennial children.” Even more shocking, “Most of those children will promptly fire their parents’ advisors.”
Want to have control of that money now versus when you pass?
Today, we will give you several options for gifting your assets. And, if you’re on the receiving side, we can help you navigate that as well.
Oh, and last (but not least) … that tax plan? We’ll talk about that too!

In this week’s show we’ve compiled some interesting stats on historical market trends that can help inform your 2018 investment decisions. What continues to surprise us is that the market keeps going “up and up.” And the question we get on a daily basis is, “How long will this last?”
That’s a question neither we nor anyone can else can answer. What we can do, however, is coach you on obtaining accurate information, expert recommendations and the knowledge from our experiences.

Loyal listeners, listen UP! Today is an extra special program.

We have the one and only Ed Slott, America’s IRA Expert LIVE with us today for the first hour and he will be taking callers. What will we discuss? Everything IRA! So make sure to tune in.

During the second hour (yes, I said SECOND hour!) Dennis will be sharing IRA horror stories mistakes of 2017.

In Today’s show Dennis Prout and Shea Petaja will look ahead to 2018 and go over the top ten things people should consider as a sort of “to-do” list for the new year.

We could never repay those who have served. Today, however, we will attempt to say “thank you” to our veterans the only way we know how – by delivering a show packed with financial information to empower our vets and to help them plan their financial future.
This week also brings a few hot topics, including the Fed Chair selection and Trump’s GOP tax plan. Tune in today to hear how we think these decisions could affect you personally.

During the Great Recession in 2008, my uncle, a self-made man, said to me, “The rich have a lot to worry about right now. They have more to lose.” That stuck with me the same way stories of the suddenly rich lottery winners do. They sabotage their wealth and end up worse off than before they made their bet. Is it really better to have more? Whichever way you look at it, the more you have saved, the more you must manage.
Join us today as we discuss Savers’ Problems. We think it’s a good problem to have, and we’re here to help you navigate through it.

Growing up, my dad had a lot of quotes. Perhaps that is why Ron Jolly has nicknamed me the “Quote Queen” (I’ve had years of training!). One quote that has stuck with me is, “Many things will capture your attention, pay attention to what captures your heart.” Today’s show will do just that … it will capture your heart. Why? Because it’s a show about giving.
One year ago, Wendy Steele, the Founder of Impact 100, announced on our show that the international organization was starting a chapter here in Traverse City. What does that mean exactly? It means that if 100 women gathered and gave $1,000 each, then one non-profit was going to receive a $100,000 grant.
Guess what? Traverse City’s Impact 100 chapter didn’t do that.
Instead, they gathered 255 members! Guess what that means? TWO local non-profits are going to receive a $127,500 grant on November 8, 2017.
Listen to this show to find out how the power of giving is impacting our area.

There’s this little thing (okay, it’s a really BIG thing) that happens when you turn 70½ … it’s called an RMD – Required Minimum Distribution. In other words, you HAVE to start drawing income from most of your retirement accounts whether you want to or not. Knowing your RMD date is very important. There is a 50% penalty waiting for those who miss the correct calculations. When 10,000 Baby Boomers turn 65 each day, there are bound to be a few mistakes. Listen to this episode for tips to avoid those mistakes while Dennis Prout provides strategies for RMD withdrawals.