The Financial Answer with Nathan O’Bryant

Avoiding Financial Mistakes During A Divorce

What financial mistakes do some make in the middle of a divorce? What do you need to keep in mind as you make a lot of decisions that impact your future?
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-in 
 
What we discuss on this episode: 
2:08 - People think the house is the biggest asset.
5:25 - What happens if one spouse makes more than another?  
6:32 - How do you compare different retirement accounts?
7:25 - How do you transfer the account from one spouse to the other?
10:02 - What emotional things should you consider?
12:30 - How can a financial advisor help?

Unhealthy Foods and Financial Health

What can unhealthy foods teach us about your financial health? On today’s episode of The Financial Answer podcast, we talk through the biggest culprits when it comes to unhealthy foods and how they parallel with unhealthy financial plans.
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-if 
 
What we discuss on this episode: 
1:40 - Who doesn’t love junk food?
2:17 - What are the empty calories of your financial plan?
6:42 - Hidden fees is like hidden sugar.
10:58 - Trans fat is in everything that tastes good, but what’s the risk?

Financial Lessons Learned from Calvin and Hobbes

What comic strip wisdom can we apply to our financial lives? Just ask a boy and his tiger…and Nathan O’Bryant, of course!
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-ia 
 
What we discuss on this episode: 
1:00 - Today’s podcast is taking inspiration from a favorite comic book.
1:56 - “Life is full of surprises, but never when you need one.”
4:03 - “When life gives you lemons, chuck it right back.”
5:41 - “There’s no problem so awful that you can’t add some guilt to it to make it even worse.
7:36 - “A day could really slip by you when you deliberately avoid what you’re supposed to do.” 
12:32 - Mailbag: Do I have adequate diversification in my IRA?

Last Ten Working Years Before Retirement

As you draw near to retirement, what should you be doing in those last few years to prepare? We talk about the priorities you should have as you shift your focus toward retirement. 
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-i1 
 
What we discuss on this episode: 
1:16 - What priorities should you have in the ten years pre-retirement?
3:28 - What do you want to do with your free time?  
6:17 - Are you thinking about a post-retirement career?
8:30 - Do you need to make up for lost time in savings?
10:33 - Is your debt load reduced?
13:23 - Are you minimizing risk?
16:10 - Mailbag: How do I convince my wife to do some aggressive saving for retirement?

What You Should Know About Biden’s Executive Orders

With a new president in the new year making some changes, what do you need to keep in mind for your financial plan? Biden has only been in office for a few weeks but has made over 30 executive orders so far. On today’s episode of the podcast, we have an economical discussion about several that might impact your finances.
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-hT 
 
What we discuss on this episode: 
1:43 - Biden has passed over 30 executive orders so far.
4:40 - Student loan interest is paused until September.
7:01 - The Keystone pipeline permit was revoked.
10:03 - How do we make the right decisions?
12:08 - What would happen if the minimum wage is raised?
13:50 - Automation has changed some of the job market.
17:59 - What’s going to happen to the economy moving forward?

Understanding Values-Based Planning

What are your goals? Why does the money matter? Everyone has different motivators and needs, so what does it look like to create a values-based plan? On today’s episode of the Financial Answer podcast, Nathan shares how your values can impact your financial plan.
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-hN 
 
What we discuss on this episode: 
0:38 - Nathan says everything is awesome.
1:43 - What is values-based planning?
2:22 - For many people, family is what matters most.
4:55 - How is your faith reflected in how you invest? 
11:02 - Is education a part of your legacy?
13:29 - What really matters to you?

2021: This Is The Year (No Matter What)

This year, let’s not make the same mistake of enthusiastically welcoming 2021 since we have no idea what the year will bring. Instead, let’s say that NO MATTER WHAT, this is a year that you’re going to make good financial choices. Here’s a few things to focus on. 
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-hw 
 
What we discuss on this episode: 
2:12 - What are Nathan’s resolutions?   
2:46 - What are most typical resolutions?
3:29 - What can you do in the first quarter of 2021?
5:25 - Do you remember the SECURE Act?
8:21 - It’s almost tax time again!
11:27 - Did your income change?
14:35 - Assess your overall retirement health.

Christmas Songs and Financial Planning

We test Nathan's holiday spirit and see if he can give us a financial lesson from some holiday classics. As you listen to your favorite songs, what lessons can be learned?
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-hq 
 
What we discuss on this show: 
0:29 - What is Nathan looking forward to this holiday season?
2:53 - What’s the financial lesson learned from these Christmas songs?
3:08 - “I’ll Be Home for Christmas”
6:00 - “Do You Hear what I Hear?”
7:42 - “Little Town of Bethlehem”
10:41 - “What Child Is This?”
12:57 - “Blue Christmas” 

End of Year Financial Planning

Any key financial moves you should make before the end of the year? Find out on today’s podcast.
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-hh 
 
What we discuss on this show: 
2:35 - Should we max out retirement contributions? 
4:10 - What do you need to pay attention to with the CARES Act?
5:46 - What might the CARES Act or SECURE Act 2.0 look like?
7:34 - Have you explored the possibilities for tax loss harvesting?
9:08 - What kind of charitable contributions should you make?
10:43 - Are there any purchases that could give you a tax credit?
11:43 - Does it make sense to do a Roth conversion?

Unreasonable Requests to Financial Advisors

What kind of unreasonable requests do financial advisors hear? Have you ever uttered one of these phrases? Nathan talks through what is and isn’t possible when it comes to financial planning.
 
Read more and get additional financial resources here: https://wp.me/paIiUZ-h8 
 
What we discuss on this show: 
1:48 - “I want a bigger return with little or no risk.”
5:18 - “Can you reduce your fees?”
9:10 - “How can I get out of paying taxes?”   
11:47 - “Can you just do it for me?”
15:07 - What does participation look like when financial planning?