Asset Management Group, Inc

On today's show Andrew and Mo discuss the fact that there are many economists predicting a recession in the next 12 months. Is it time to take stock of your current plan? What should you be doing, if anything to weather the current financial storm. Reach out to Andrew and Mo at 800-419-6164 orhttps://www.assetmg-inc.com/ See omnystudio.com/listener for privacy information.

On today's show Andrew and Mo discuss the fact that there are many economists predicting a recession in the next 12 months. Is it time to take stock of your current plan? What should you be doing, if anything to weather the current financial storm. Reach out to Andrew and Mo at 800-419-6164 orhttps://www.assetmg-inc.com/ See omnystudio.com/listener for privacy information.

On today's show Mo and Andrew discuss the do's and don'ts for investing for retirement.  Also, they'll take a look at four major financial gaps that can have a serious impact on your retirement planning.   Reach out to Mo and Andrew at 800-419-6164 orhttps://www.assetmg-inc.com/ See omnystudio.com/listener for privacy information.

On today's show Mo and Andrew discuss the Social Security cost of living adjustment. The COLA for next year marked the largest increase in over four decades at 8.7%.. not since 1981 has there been such a large Social Security adjustment. What does this mean for retirees and pre-retirees alike?  We spend most of our careers accumulating money for retirement. Once we hit that financial red zone the...

Andrew and Mo cite results of a J.D. Power study that revealed some pitfalls of utilizing digital resources in planning your own retirement.  They break down the advantages and, in their opinion, the necessity of working with a professional to build and maintain your retirement.  They also go over some of the “curveballs” of retirement in the form of unexpected expenses and then offers strategies...

Andrew and Mo discuss reasons why some may decide or need to delay their retirement start date.  Reasons include having not saved enough, not accounting for taxes, relying exclusively on Social Security, and sequence of returns risk.  They also go over some last-minute financial moves you can consider before launching your retirement.  Those include reducing portfolio risk, maximizing 401(k) contr...

Andrew Nida and Mo Piram break down the "hidden tax" of inflation and what should be considered in retirement planning as well as your approach to risk during times of volatility and, for that matter, anytime. You can reach Andrew and Mo by calling 855-792-5855. Asset Management Group See omnystudio.com/listener for privacy information.

Mo covers Secure Act 2.0 as it stands now and the proposed changes which could affect the strategies of retirees and the savings of workers.  He looks at everything from the requirement to automatically enroll new employees to a 401(k) to proposed raising of the RMD age and decreasing the penalty for missing a required minimum distribution.  Mo also looks at strategies to consider to make sure you...

Mo breaks down the data from a Kiplinger-ATHENE poll of just over 800 Americans asking their thoughts on retirement.  Results include their feelings on stock market volatility, Social Security, inflation, the threat of running out of money, and what they see as sources of income.  He then moves into the complexity of required minimum distributions and what you should consider to avoid potential hi...

Mo covers challenges you could face down the road in your life if all of your investment savings are in tax deferred accounts.  He looks at implementing a tax bucketing strategy to include taxable, pre-tax, and tax-free.  We're all feeling inflation now but in the second segment Mo offers strategic tips to combat would could be pain felt later due to rising interest rates. CloudVestors See omnystu...

Mo digs into the Student Debt Relief Plan with an initial look at the different components and who it could affect.  He covers the extension of the loan payment pause, the debt relief and who could be eligible, and the public service loan forgiveness. CloudVestors See omnystudio.com/listener for privacy information.

Mo takes an initial look at the Inflation Reduction Act in dissecting the legislation that is now law and discusses short and long term effects and what it could mean for you. CloudVestors See omnystudio.com/listener for privacy information.

Mo looks at a BlackRock survey of nearly three-thousand savers describing their go to savings and investment vehicles.  He discusses ETF's, Annuities, Individual Securities, Mutual Funds, Cash, and speculates on what could have fallen into the "other" category. CloudVestors See omnystudio.com/listener for privacy information.

Mo explores the reason why many retirees are considering returning to the workforce of making the decision to do so.  Is it rooted in emotion and fear caused by the economy, grounded in reality, or both?  He also offers good tips and strategies to follow to keep your retirement in tip top shape. CloudVestors See omnystudio.com/listener for privacy information.

Are we in a recession?   Mo discusses the conventional definition of recession and how we arrived at our current economic condition as well as how it compares to downturns of the past.  He talks about high inflation and rising interest rates.  In the first segment, Mo sets the stage for the current state of our economy.  In the second podcast segment, he outlines some strategies people should cons...

The first segment of the podcast centers around sustainable investing and ESG (Environmental, Social, and Governance.) Mo discusses what motivates people to look into this type of investing and including investments that meet the ESG criteria. The second segment includes a general conversation on the economy now and what the future holds for employment with technology and AI. CloudVestors See omny...

Mo talks inflation on this episode.  How did we get here at 9.1 percent at the time of the recording?  What are possible solutions as far as our national economic outlook? Most importantly though, what are strategies we can employ to combat inflation in our personal lives.  Mo discusses analyzing your own personal rate of inflation factoring in the number of people in your household, the number of...

Mo covers the considerations that need to be given in properly structuring your portfolio.  He looks at determining a proper risk balance and based on where you are in life.  He also talks about the different components that make up a portfolio from cash to investments, ETFs to Mutual Funds and other tools to consider.  Visit www.cloudvestors.com. CloudVestors See omnystudio.com/listener for priva...

It's time for that mid-year financial review.  Mo covers what should be and is considered by Cloud Vestors when meeting with their clients to review their strategies.  Topics covered include tracking your budget and spending, your savings, tax strategies, and your retirement moves whether you're in the accumulation or distribution phase of your life. CloudVestors See omnystudio.com/listener for pr...

It's the 2nd year anniversary podcast celebration.  Everyone joins in the party for podcast 104!  At the same time, the business of untangling your finances continues as Mo discusses fortifying your portfolio to withstand the storm of our current economy.  What are strategies to help combat inflation, the bear market we're in, rising interest rates, and possible recession.  That's the conversation...

Mo looks at three age groups: Mid 20s, Mid 30s, and Mid 40s He looks at what they have and have not experienced in the financial world during the time they've been involved in it and goes over what strategies they should consider now given the current economic climate. CloudVestors See omnystudio.com/listener for privacy information.

Mo covers the generations in this podcast.  He especially focuses on those in the "sandwich generation" who are saving for retirement and possibly assisting their parents and their children at the same time.  He offers some good strategies and things to consider in making sure you maintain your savings momentum while still helping those in your family.  The conversation then turns to what the futu...

Mo discusses the challenges faced by retirees and soon to be retirees now with the changing economic landscape.  He covers strategies to consider in helping you stay on course.  Market volatility, inflation, sequence of returns risk, and cash flow are part of the conversation. CloudVestors See omnystudio.com/listener for privacy information.

Mo explains the difference between a market correction and a bear market:  what constitutes each and how long have each historically lasted? He also discusses what to consider with your investment strategy during a bear market such as a diversification reevaluation, what performs well in a bear market, if there are any strategies you wouldn't normally consider as seriously in a bull market, and if...

Mo covers required minimum distributions today: When do you take them? How do you take them? What's the penalty if you miss one?   What are the pros and cons of taking them at the end of the year, right away, or spacing them out through the year? It's all covered in this podcast. CloudVestors See omnystudio.com/listener for privacy information.