Episodes
Thursday Nov 09, 2023
The Financial Cereal Bowl
Thursday Nov 09, 2023
Thursday Nov 09, 2023
What can we learn about retirement planning from browsing the cereal aisle at the grocery store? We love finding relatable ways to teach about financial topics, so let’s scoop up a few bites of financial understanding on today’s show.
Here’s some of what we discuss in this episode:
What in the financial world is hard to resist but not all that good for you?
What seems good on the surface but isn’t as good as it appears?
What is boring but hard to swallow?
What does Nathan think is important to know?
For more, visit us online: http://thefinancialanswer.com
Thursday Oct 19, 2023
How to Avoid Money Mistakes You’ll Regret
Thursday Oct 19, 2023
Thursday Oct 19, 2023
It’s always better to learn from the mistakes of others so you don’t have to make them yourself. In this episode, we talk through some common financial mistakes people make and share what you can do to avoid them. Remember, thinking through these situations now can help you steer clear of costly problems down the line!
Here's what we discuss in this episode:
Taking an early IRA withdrawal.
Spending too much money in peak earning years.
Paid kids’ tuition and ruining the retirement fund.
Retiring early proves to be too costly.
Forgetting to investigate opportunities for tax efficiencies.
For more, visit us online: http://thefinancialanswer.com
Thursday Oct 05, 2023
Retirement Planning’s “Hidden” Questions
Thursday Oct 05, 2023
Thursday Oct 05, 2023
Let’s look at some of the hidden questions that come up when retirement planning. Whether you have put them off to the side or would rather focus on something else, all of these things are important components of your retirement plan. Talking through these questions with a financial advisor can help better position yourself in the long-run and cover you for what you need.
Here are the questions we uncover today:
How much will tax-deferred savings cost me?
How much can I withdraw from my savings?
Should I still have life insurance after I retire?
What kind of medical coverage do I need?
How much am I really paying in hidden fees?
For more, visit us online: http://thefinancialanswer.com
Thursday Sep 21, 2023
Discussing Dave Ramsey’s Advice
Thursday Sep 21, 2023
Thursday Sep 21, 2023
Radio talk show host turned TikTok user, Dave Ramsey, is known for doling out financial advice to a wide audience. Today, we talk through some quotes from Ramsey to see what Nathan thinks as a financial advisor. Be it investing from a place of knowledge to relying on delayed gratification to make decisions, there’s a lot we can learn from him. Ultimately though, you have to have a strategy and a plan that works for you in order to meet your financial goals. Working with a qualified financial professional to create that plan will be better than simply generic advice for the masses.
Here are the quotes we discuss today:
• “Don’t invest in anything if you can’t tell me how it works…” • “If you’re not careful, you make short-term decisions which keep you in short-term situations…”• “People that retire wealthy, it wasn’t an accident…”
For more, visit us online: http://thefinancialanswer.com
Thursday Sep 07, 2023
The Future of Retirement in America
Thursday Sep 07, 2023
Thursday Sep 07, 2023
When we look toward the future, what’s ahead? Whether you take more of an optimistic or pessimistic view of things, it’s important to know what to expect. In this episode, we talk about what Americans may face when it comes to retiring in the years ahead. Listen in as we discuss Social Security, healthcare, tax rates and more.
Here’s what we discuss on today’s show:
Social Security has been strong and stable. Will it continue to be?
Healthcare is essential, but it’s expensive.
Tax rates have the potential to change.
For more, visit us online: http://thefinancialanswer.com
Thursday Aug 24, 2023
Bashing the Roth?
Thursday Aug 24, 2023
Thursday Aug 24, 2023
In a shocking turn of events, we’re going to spend some time bashing the Roth today. Inspired by an article we found on Yahoo Finance, Nathan shares his thoughts on a Roth. Is it really the right thing for you? Instead of basing your decisions on some one-size-fits-all financial advice, it’s important to consider your unique and personal financial situation.
Here’s what we talk about on today’s show:
What does Nathan think about investing in a Roth?
Are you destined for a lower tax bracket in retirement?
Is the Roth a bad choice?
What does the future hold with taxes?
Is there reason to convert to a Roth?
For more, visit us online: http://thefinancialanswer.com
Check out the article here
Thursday Aug 10, 2023
Financial Lessons From Ron Swanson
Thursday Aug 10, 2023
Thursday Aug 10, 2023
We’re back for another segment where we see what lessons we can learn from popular quotes. Join us as we delve into the world of fiction and explore the valuable financial lessons we can learn from the beloved character Ron Swanson, portrayed by Nick Offerman, in the iconic TV series “Parks and Recreation.”
Here are some key takeaways from this episode:
Be cautious of financial advisors who may be promoting products that are not suitable for your specific needs. Just like skim milk may not be the best choice for everyone, some financial products may not be appropriate for your financial goals.
Don't rely on hope or luck when it comes to your finances; instead, plan and prepare for various scenarios and have a well-thought-out retirement plan to avoid potential financial challenges in the future.
Seek advice from financial advisors who can help you make informed decisions and create a tailored financial plan that aligns with your goals and risk tolerance.
For more, visit us online: http://thefinancialanswer.com
Thursday Jul 27, 2023
Till Debt Do Us Part: Resolving Financial Tension Between Couples (Part 2)
Thursday Jul 27, 2023
Thursday Jul 27, 2023
Welcome back to part two of our discussion on resolving financial tension between couples. In this episode, we'll explore five more common areas of financial strain: emergency fund size, charitable contributions, handling inheritances, insurance needs, and financial management style. Stay tuned to learn how advisors like Nathan work to resolve conflicts in these areas as they arise.
Here’s what we’ll discuss on today’s show:
Agreeing on a number for your savings account. (2:28)
Being on the same page about charitable contributions. (5:11)
Deciding what to do with an inheritance. (7:01)
Having conversations about insurance and long-term care. (9:41)
How will you handle financial management in retirement? (11:40)
For more, visit us online: http://thefinancialanswer.com
Thursday Jul 13, 2023
Till Debt Do Us Part: Resolving Financial Tension Between Couples (Part 1)
Thursday Jul 13, 2023
Thursday Jul 13, 2023
Money can't buy love, but it can certainly start some spicy debates between you and your better half. In this episode, we're digging into the financial face-offs that make Monopoly fights look like child's play and exploring some money minefields that can test even the most solid relationships. Listen in as we explore how to resolve some of the most common financial sources of tension between couples.
Here’s what we’ll discuss on today’s show:
Differing views on risk tolerance in investments. (3:19)
Disagreeing on the best age to retire. (6:24)
Leaving behind a legacy for your children. (8:14)
Should we keep our home or downsize? (10:25)
Are you on the same page about your retirement lifestyle? (12:18)
For more, visit us online: http://thefinancialanswer.com
Thursday Jun 22, 2023
Reasons Why You Shouldn’t Invest in a 401(k)
Thursday Jun 22, 2023
Thursday Jun 22, 2023
For many people, their 401(k) is one of their main investment vehicles. While it can be a fantastic choice, today we highlight the reasons why it might not be the right fit for everyone. There are times when you might not want to invest in a 401(k) or invest as much into it.
Here are the reasons we talk through on today’s show:
Are you worried about having enough in your retirement account? (4:25)
If you don’t have an emergency fund, should you put money into a 401(k)? (4:56)
If you aren’t getting a match, is it worth it? (7:44)
If you don’t work at the company, why is your money there? (10:33)
Do you need the money before retirement? (11:38)
For more, visit us online: http://thefinancialanswer.com