America's Wealth Management Show

Should I get out of debt before I retire? It's one of the more common questions we get when we meet with people getting closer to retirement. It's important to understand that not all debt is the same. Let's examine different types of debt to help determine whether you should get out of debt before you retire. Retirement Plan Checklist: https://bit.ly/3TeiNcS Financial Planning Tool: https://bit.l...

While most people are working, their tax situation is fairly straightforward. They earn income from an employer, and the employer has certain taxes deducted from their paycheck. The income earned is potentially subject to several different taxes, such as federal or state income taxes, Social Security tax, Medicare tax, or local municipality earnings taxes. However, you can still do certain things,...

Deciding where to store your money depends on various factors including your financial goals, risk tolerance, and liquidity needs. Logan and Chris review some common options to consider. Retirement Plan Checklist: https://bit.ly/3T7hlZC Financial Planning Tool: https://bit.ly/3uIUxWO Meet with Us: https://bit.ly/42MUFB3 Why Compound Interest Is Key: https://youtu.be/4HHC7MLDsc0 What to Know About...

Before you ask what should I invest my money in, ask yourself, "what does my money need to do for me to accomplish my goals?" Before you can answer that question, you obviously need to have an idea of what your goals are . It's critical for your investment strategy to be designed around your financial goals along with your tolerance for risk and other factors that are unique to you . What your bes...

Whether you're in retirement or preparing for it , what your biggest fear when it comes to retirement? For most people, it's running out of money . We're going to discuss that fear—which is very legitimate— and how to plan for it . But that's far from the only risk in retirement. Let's review five common risks in retirement and what you can do to mitigate them. Retirement Plan Checklist: https://b...

Our Director of Investments Stephen Tuckwood, CFA has covered a wide range of topics with Dean Barber on The Guided Retirement Show . Toward the end of the episode, Strategic Investing Through Retirement , Tuck and Dean touched briefly on active vs passive management. We're going to take a deeper dive into active vs passive management today to give you a better understanding of each investment str...

For those of you gearing up to retire within the next few years , you may be wondering how your health care costs during retirement might look. There are several factors at play. We're going to dive those to give you a better understanding of your health care costs during retirement. Retirement Plan Checklist: https://bit.ly/48aeUKe Financial Planning Tool: https://bit.ly/3w31tOG Meet with Us: htt...

Fear is a very real thing in the financial business, and how you react to it can make a huge difference. There's a fine line between good fear and bad fear. Good fear can lead you to being educated about what's going on in the markets and being dynamic with your financial plan. Bad fear involves overreacting to things you shouldn't be too concerned and doesn't allow you to live life like you want...

Many people at least have a rough idea of how much they spend each month. Money comes in from a paycheck and money goes out for various expenses. When it comes to planning for your retirement, it's good practice to have a detailed understanding of how and where your money goes once it leaves your bank account. In retirement, some expenses won't look a lot different than they do while you are worki...

Beating the market is something that many people have tried to do, but a rare few have succeeded. Many investors compare their investments to certain indices when attempting to beat the market. But are indices a good benchmark? Dean Barber and Bud Kasper, CFP®, AIF® have said countless times that there are two emotions that can oftentimes drive your investing decisions: fear and greed . Retirement...

Everyone makes mistakes. There's no denying that. But there are so many mistakes that can be avoided, especially when it comes to protecting your wealth. That's why it's critical to work with a team of financial professionals to make sure that you don't make any mistakes that can derail your plans for retirement. Let's review five money mistakes that we see people make that need to be avoided in r...

A successful retirement is something that everyone strives for, but it isn't something that you can simply speak into existence. Achieving a successful retirement requires thorough planning before and after you retire . Hopefully, this list of retirement strategies that we've composed can help you get to and through retirement with more confidence that you're doing the right things with your money...

In today's episode, Dean Barber and special guest David Mitchell of AllianceBernstein examine the prospect of municipal bonds in 2024. After two years of down returns in the bond market, it may seem like a place to stay away from, but Dean and David discuss how there maybe opportunity on the horizon. Financial Planning Tool: https://bit.ly/3tLTsgA Meet with Us: https://bit.ly/48IBA5u How Do You Sp...

We're still in countdown mode after watching the ball drop in Times Square on New Year's Eve. Today, Dean Barber and Bud Kasper, CFP®, AIF® are going to count down our top five financial planning considerations. Retirement Plan Checklist: https://bit.ly/41X4YSW Financial Planning Tool: https://bit.ly/47pzLJ2 Meet with Us: https://bit.ly/3U2pAqC Don't Retire Without Doing These 8 Things:  https://y...

One of the most important aspects of retirement planning is  starting early . But for the people who take the  DIY retirement planning  approach, there's one thing that can easily be overlooked:  Required Minimum Distributions . There have been some major changes with RMD rules over the past few years, so we're going to review those and discuss RMD strategies before and after retirement. Roth Conv...

Have you heard of in-plan Roth conversions? If not, you're not alone. Believe it or not, they've been an option within 401(k) plans for nearly 15 years now. Marty James, CPA joins Dean Barber and Bud Kasper on America's Wealth Management Show to discuss how to go about doing an in-plan Roth conversion and key considerations for utilizing them. How to Maximize In-Plan Roth Conversions in 401(k) Pla...

Peak 65 is a term you'll likely be hearing more and more in 2024. That's because in 2024, more than 12,000 Americans are expected to turn 65 each day. That equates to nearly 4.4 million Americans turning 65 in 2024, which would be a record-breaking feat. Those statistics are significant for several reasons, especially when it comes to retirement planning. Dean Barber and Logan DeGraeve, CFP®, AIF®...

As we jump into 2024, we can't put 2023 behind us just yet. There are some valuable financial planning lessons to take away from the past year. Check out some of Dean Barber and Bud Kasper's main takeaways from 2023, as they review financial planning lessons related to consumer debt, interest rates, inflation, investments, taxes, and much more on  America's Wealth Management Show .  LendingTree Ar...

When it comes to building your retirement plan, a lot of people think your rate of return is the No. 1 thing to keep in mind. While it is important, your investments aren't the main factor when it comes to your plan. Dean Barber and Bud Kasper CFP®, AIF® review five factors that are more important than your rate of return on America's Wealth Management Show.  Morningstar Article: https://www.morni...

Whether it's arriving at work, church, or one of your kids' or grandchildren's games or activities, being on time is always important. One thing that a lot of people look forward to about retirement is no longer being stressed out about showing up on time for work or specific work meetings. But believe it or not, being on time and retirement still go hand in hand. That's partly because it matters...

Are you trying to think of a few New Year's resolutions that can help get back on track or keep you on track from a retirement planning perspective? Dean Barber and Bud Kasper have you covered. Tune in to America's Wealth Management Show to find out what five retirement planning tasks that they recommend that can help lead to a better 2024. Retirement Plan Checklist: https://bit.ly/477AazC Roth Co...

Does two years ago feel more like 20 years ago to you? It can certainly feel that way when thinking about the markets. When Dean Barber and Bud Kasper mentioned the idea of reviewing rebalancing strategies to people two years ago, some of them thought they were crazy. After all, the stock market was on a tear and had been thriving since April 2020. Well, we all know how 2022 turned out, as we saw...

As we launch into a new year, we want to review your retirement checklist. While we want to put you in a successful financial position for the new year, we're focused primarily on helping you live your one best financial life throughout your retirement. Our Retirement Plan Checklist can help you do exactly that.  Retirement Plan Checklist: https://bit.ly/3t9cb5o Roth Conversion Case Studies: https...

Rules of thumb can oftentimes be helpful when trying to complete a task. However, there are some tasks—such as retirement planning—where rules of thumb won't yield the best possible results. That's because retirement planning needs to be unique to each person. An example of one of those retirement planning rules of thumb is the 4% rule for a safe withdrawal rate. The term safe withdrawal rate refe...

This is the time of year where a lot of people are making or at least thinking about new year's resolutions. Having a forward-looking approach is also key with retirement planning, but we don't just have our eyes set on 2024. We're also looking ahead even further to 2025, 2026, and beyond. Make sure to take note of these five long-term strategies for a better retirement from  Dean Barber  and  Bud...