Caffeine And Cash Flow with Michael Schulte

When you're in the middle of difficult periods of market volatility, it certainly seems like this time is different and things may never turn around. But is that true? In this episode, Michael is going to look through returns over the past century to see how the market rebounded after the worst years. While there's never a guarantee that the future will look exactly like it has in the past, the st...

Are you nearing "retirement age"? If so, let's explore that pivotal question you'll soon face: Should you retire or continue working? We'll unravel the intricacies of this decision, addressing both financial and emotional aspects, and help you find out if you're truly ready to retire. This is typically one of the first things someone asks about when they meet with a financial advisor, and there's...

 Almost everyone has made investment mistakes at some point. Even the most successful investors have regrets about decisions they've made in the past. But like everything else in life, it's all about how you respond to a misstep.   In this episode, we'll talk about how to bounce back from mistakes and avoid making them again in the future. Michael will share some numbers with us and walk us throug...

Is there ever a right time to stop contributing to your 401k? Should you help your daughter and her boyfriend with their home purchase? What about deciding to retire at the peak of your earnings? Tune into this episode of Caffeine and Cash Flow where we tackle these questions and more.   In this episode, we'll discuss: The issues that can arise when helping your daughter buy a home with her boyfri...

Whether you're close to retirement or still far from that exciting date, it's not uncommon to wonder when you should start preparing for each aspect of it.   Tune in to find out how far away from retirement you should have answers to these pressing questions.   In this episode, we'll discuss: Why you should start thinking about the option to downsize about 15 years out. When you and your spouse sh...

Are you ready to take control of your finances during life's most pivotal moments? In this episode, we dive into the complex world of financial decision-making during key life events. From the excitement of marriage and the joy of welcoming a new child to the challenges of divorce and the loss of a loved one, we'll provide practical tips and guidance to help you make informed decisions and maintai...

It's not just the financially uncertain who need to think carefully about their retirement plan. Even those who feel confident in their retirement savings might still have important questions to answer and decisions to make.    In this episode, we'll explore the three retirement planning mindsets: those who have no idea if they can retire, those who think they have enough money to retire, and thos...

Welcome to part two of our series about retirement planning mistakes. Last time, we talked about the pitfalls of ignoring tax implications, failing to diversify your investments, and procrastinating when starting your investments. On today's show, we'll share seven more mistakes people often make when planning their retirement.     In this episode, we'll discuss:   Relying solely on employer-spons...

In the complex world of retirement planning, there are countless pitfalls one could face. In part one of this two-part series, we're sharing seven of the top mistakes to watch out for. Avoiding these crucial missteps can have a significant impact on the success of your retirement plan. J oin us as we delve into these key issues and learn how to navigate them effectively when it's your turn to plan...

After listening to today's episode, you'll never attend another baseball game with the family and look at it the same way. We're going to show you how taking some of baseball's most basic principles can help lead to financial success in your retirement portfolio. Join us as we talk about successfully executing the financial fundamentals.  We'll dive into the importance of liability protection, sav...

 People own a handful of gigantic companies and think their portfolio is bulletproof, but it's not, especially over a long period of time like we hope your retirement will be. Some clients gravitate towards bigger S&P 500 companies, assuming that they will remain stable for years to come. While these companies may appear to have a bright future, it is not always the best bet in the long run. Just...

It's a question we hear all the time: "What's a good rate of return?" When clients invest money, they want to see it grow. But they also wonder what rates are "good" or "bad."     It's essential to keep in mind that there's no one-size-fits-all answer to this question because everyone's financial goals are unique. However, if you're just looking to maximize rate of return and get rich quickly over...

Today we're talking about bank runs and some of the banking failures we've seen over the course of our country's history. With the recent Silicon Valley Bank collapse, bank failures have been a popular topic featured on the news recently, and many of us are wondering how this recent event will impact our lives. Will bank collapses have an impact on your portfolio and your financial plans in genera...

In this episode, we'll explain DCA and reverse dollar cost averaging, which many people might not know about. That is the process of systematically taking money out of your portfolio and using it to pay for living expenses. That distribution period is just as important as accumulation, but people don't spend as much time planning for it.     We'll explain why dollar cost averaging and reverse doll...

We're willing to bet there are some retirement expenses that you may have forgotten to plan for. But don't worry, we're here to help you see the things you might initially overlook.    On this episode, we'll share: Are you prepared for medical expenses? (4:05) Are you prepared for parental and child assistance? (7:59) Are you prepared to pay taxes? (10:50)   Learn more: https://caffeinecashflow.co...

Are you confident that your financial plan is complete? Many people believe they have a solid plan in place, only to realize later that they've missed important areas. From not accounting for long-term care expenses to overlooking the impact of taxes on retirement income, there are many ways a financial plan can be incomplete. In this episode, we'll be pointing out the most common areas people ove...

Are we in a recession or are we headed into one? Those are the questions on a lot of minds these days. On today's show we're going to make sure a recession doesn't ruin your finances or retirement plans by taking you through the historical data.   On this episode, we'll share: ·       Are we in a recession? (1:24) ·       What can the data tell us about recessions? (5:41) ·       What can the S&P...

Do you understand the basics of income planning? It's important that you know this topic well and understand how it fits into your overall retirement plan. Why is income planning so important for retirement? We'll share the 10 states where $1 million in retirement savings will run out the fastest, which will show you how much it can vary for retirees. As we talk through this, we'll also discuss wh...

Market volatility became the norm in 2022. Are we in for more of the same in 2023? On today's show, we'll talk about the market outlook for the next 12 months. We'll also share tips on how you can best prepare for potential future volatility. No matter how you handle volatility, your financial advisor should be there to help guide you through the rough patches.   On this episode, we'll share: Merg...

We work with a lot of business owners, and a common question we get is about creating an exit plan for when they want to retire or sell their business. This type of financial planning often gets overlooked, but it is so crucial to get right. There's not a lot of planning in the financial services industry around selling your company. That's unfortunate, because it's typically the biggest asset on...

As we approach the end of the year, saving money on taxes becomes a bigger focus for many people. Today we're focusing on some of the most common retirement planning questions about taxes. We'll talk about mistakes to avoid and how a proper plan can make a significant difference in your tax savings. We'll also explain why a tax deduction is not a dollar for dollar reduction.   On this episode, we'...

Just like the lights on your dashboard can indicate if something is wrong with your car, like low tire pressure or leaking oil, there are indicators in your financial life that might point out that you have a problem that needs to be addressed. On today's show, we'll explain why your net worth, your view of retirement and your thoughts on nursing homes might be problematic. In this episode, we'll...

Bonds have been a pretty hot topic this year. And, oftentimes, people misunderstand how they work and what role they play in a proper financial plan. On today's show, we're addressing some of the misinformation and explaining why this has not been a good year for bonds.  A lot of people consider bonds to be the safe and conservative part of their portfolio. But is that the right mindset? In this e...

Today we're checking out some headline news. Are the negative news stories as bad as they seem? And how should you react when you read news that could impact your finances? We'll give you insight into what is portrayed in the media and what is reality. It's so hard to get unplugged in 2022. You always have media and news at your fingertips. But we are here to help you get a handle on financial new...

When the markets take a tumble, people often wonder, where is the bottom? We've gotten this question from clients quite a few times lately, so we wanted to address it on today's show. Mathematically speaking, we can tell people pretty close where the bottom of the market is for their mix of assets. There are no surprises if you dial in the math. In this episode, we'll share: Why the S&P 500 and Do...