Money Talks With Summit Financial Consulting

The fear that Social Security will be completely gone is a common headline, but what's the financial reality behind the warnings? This episode breaks down the latest Trustees' Report and explains the crucial difference between the trust fund being depleted and the program running out of money. We'll offer actionable strategies for how you can adjust your own retirement plan today to...

In this essential episode, we break down the most significant changes coming to Medicare for 2026. We’ll cover projected increases in premiums and deductibles, along with the new out-of-pocket cap for Part D prescription drug costs. Whether you're a current beneficiary or planning for retirement, this is a must-listen guide to navigating your healthcare costs in the year ahead.

During this show, we’re going to discuss Medicare’s surcharge, the income-related monthly adjustment amount, or IRMAA, as well as Medicare changes that are coming in 2026.

On this show, we’ll discuss 13 traits common among wealthy people, that anyone can utilize in their own financial strategy.

During today’s show, we’ll consider how much it costs to be a grandparent and how you can build a financial strategy that positions you to enjoy your grandkids while also taking care of your own financial needs.

During this show, we’ll take a much deeper look at how the recently signed Big Beautiful Bill will specifically affect Social Security and older Americans.

During this show, we’ll examine many of the legal and strategy steps you should consider if you inherit an IRA.

This episode breaks down the momentous "One Big Beautiful Bill," a newly passed piece of legislation poised to reshape the financial landscape. We'll explore the key provisions of this comprehensive law and discuss its potential impact on everything from personal savings to market trends. Join us as we provide a clear, concise overview of what you need to know about this game-changi...

This episode explores the often-complex financial considerations that go into major career decisions. We delve into topics like understanding salary negotiation beyond the base number, the long-term impact of benefits, and how different career paths can influence your overall financial well-being. Tune in to learn how to make informed career choices that align with both your passions and your fina...

This episode dives into the often-overlooked financial impact of youth sports on family budgets. We'll explore the true costs beyond registration fees, from equipment and travel to private coaching and time commitments. Join us as we weigh the monetary investment against the potential benefits and discuss strategies for making informed decisions about your children's athletic pursuits.

Ever wonder what not to do when planning for your golden years? This episode of "How to Fail at Retirement" dives into the most common pitfalls and missteps that can derail your financial independence. Learn what to avoid so you can build a secure and enjoyable retirement, rather than falling into these all-too-common traps.

Ready to make the rest of 2025 your most financially successful period yet? This podcast provides actionable strategies, expert insights, and practical tips to help you optimize your finances, accelerate your savings, and confidently tackle debt before the year is out. Join us to build momentum, stay accountable, and ensure you finish 2025 stronger and smarter with your money.

During this show we’ll discuss longevity risk and how you may be able to protect your financial strategy from it.

During this episode, we’re going to discuss eight common 401(k) mistakes and why it’s important to avoid them.

During this show we’re going to mark National Elder Abuse Awareness Day, June 15, by discussing elder abuse prevention and protecting yourself from financial scams.

On this episode, we discuss the news that the U.S. and China are pausing tariffs for 90 days while they negotiate a formal trade agreement, and what it means for you and your finances.

On this episode, we’ll discuss how you may be able to secure an extra $50,000 for retirement and how to protect your savings from a recession.

On this episode, we’ll discuss two common retirement rules: The rule of $1,000 and the rule of dying with zero.

During this show, we’ll look at some steps you can take if you’re suddenly laid off from your job within five years of your preferred retirement date.

During this episode we’ll consider whether retirees should continue investing and talk about the various options for financial growth in retirement.

During this episode, we’re going to discuss things Medicare covers without out-of-pocket costs as well as Medicare changes that are happening this year.

During this episode, we’ll highlight the Social Security Fairness Act and some of the program’s foundational elements.

During this episode we’re going to consider the building blocks of an estate plan as well as common estate planning mistakes.

On this show, we’ll discuss retirement magic numbers and what it would mean to have two million dollars and five hundred thousand dollars saved for retirement.

In this episode, we will discuss the impact of tariffs on the global economy. We will also discuss how tariffs can affect your personal finances. Finally, we will provide some tips on how to protect your finances in a time of rising tariffs.