Dolphin Financial Radio

Health Care Costs Destroy Retirement Plans - "Everybody's got a plan until they get punched in the mouth." - Mike Tyson In Part Two of this three part series, we explore how a negative health event is one of the top threats to a successful retirement plan. This "punch to the mouth" is something no one wants to deal with, plan for, or even talk about. The costs are extremel...

In Part One of this three part series, we explore how market crashes are one of the top threats to a successful retirement plan. In each part of this series, we will identify the retirement planning threat, provide examples, and offer solutions. This first "punch to the mouth" is perhaps the most widely known and easiest to prevent. Tune in to learn how to dodge the punches that come you...

Do we make worse financial decisions as we get older? Does knowledge of basic financial concepts decline after age 60? The short answer is "yes." In today's show we will review the results of a study on this issue and explore what people can do about their decline in financial literacy.

Should you use your 401k or IRA money to pay off your debts? Many financial advisers will say "no way!" But, perhaps it isn't a bad solution after all. In this show we discuss the situations in which raiding your retirement funds to pay down your debts makes sense. If you are struggling with debt and want to know what to do, listen in to hear our take.

Everyone knows that healthcare is expensive. But exact pricing still tends to be a mystery, at least up until the point where you get the bill in the mail. Recently President Trump issued an executive order aimed at increasing the transparency of healthcare pricing. Beyond a price list on a hospital website, it seems the President is trying to pull back the curtain on the private deals between hos...

Successful retirement is about increasing income and decreasing stress. Are retirees stressed? What stresses will those entering retirement face? In this episode we discuss the new and challenging stresses that retirement brings about. We'll talk about not only financial stress, but also about the stress brought about by health issues, social changes, and the experience of retiring itself. Wh...

More and more people are working in retirement. Is that what they want? Is that what you want? Do you have to? Is there any way to avoid it? In this episode Dan explores this topic and goes over why this is important to you and how planning can help.

Which is better - a 401(k) plan or a Pension plan? As the traditional pension plans (defined benefit) have quickly been replaced by the 401(k) plans (defined contribution), we have seen more people struggling with retirement. Could it be that pensions are actually better than 401(k) plans? Is the guaranteed income from a pension a better option than the flexibility of a lump sum from a 401(k)? Joi...

"Sell in May and go away" - this is the old adage about the stock market. Does it make sense? The historical numbers suggest that the market returns during November through April drastically outperform the returns between May and October. Does this mean you should adapt the strategy of selling your stocks in May and buying them back on Halloween? Tune in to find out!

The Baby Boomers are at the age where a huge wave are retiring each day. As this continues, it begs the question - what will happen to their assets? Will Boomers follow the the trend which suggest moving out of the stock market as you get older? Will this mean more are selling their stocks each day to raise spending money? Will this large demographic push the US Stock market into a recession? Join...

Stock market corrections and crashes are a natural part of the investing process. However, what about the people who actually hope for such volatility and downside? In this show we explore the types of people who want to see the stock market go down. We will discuss the motivation and strategies people have for cheering market corrections. Is hoping for a market correction a bad thing or a good th...

Time for some fun! Have you ever learned a financial lesson from a song you heard on the radio? Well, tune in as we listen to some classic songs and discuss the important financial lessons embedded in the songs. We'll cover songs by: The Rolling Stones Dire Straits The Beatles ABBA Pink Floyd Ludacris and others.... So bring your dance shoes, paper, and pencil for an exciting episode of Dolph...

According to the 2019 annual report from the board of trustees overseeing Social Security, under current assumptions, the reserves will be depleted in 2034. What is happening? How can we fix this? What should you do about your Social Security strategy? Listen in!

That's quite the headline. We've talked about the money troubles of lottery winners before, but this one is current and it's a doozy of a story. Dan looks at what happened and the financial lessons that we can learn to help improve our own financial lives and retirement savings.

In this episode we discuss the Congressional Budget Office finding that federal employees have a 17% higher wage/benefit package than their private sector counterparts.

The health benefits of intermittent fasting are pushing more people to adapt this lifestyle. Besides the health benefits, are there any financial benefits? In this episode we discuss how intermittent fasting can improve your financial well-being in several ways.

Money is a leading cause of divorce. In this show we discuss the ways money might impact a marriage or relationship and explore tips on how to communicate with a spouse about money.

Tax refunds are down this year. Does that mean the Trump tax law changes are hurting Americans? Is getting a refund a good thing? We explore the details of what is happening this first year of tax returns under the new rules.

To say Florida is a popular place to retire is an understatement. What do you need to know about retirement in Florida? It 's not just about pink flamingos on the lawn! Whether you live here now or are planning on moving to Florida, you'll want to listen to this episode for some tips, strategies and important information to make your retirement and relocation a success.

In this episode Dan talks about the LTC crises in America, and the costs of long term care insurance. He also discusses your options to plan or cover these costs.

There's a popular social media story about a man who posted his plans for living at a Hotel instead of senior living and nursing homes. Dan talks about the feasibility of this concept and even living on a cruise ship instead of paying the high cost of retirement homes. We also talk about other out of the box ideas and strategies for retirement.

Retirement looks different for everyone and you also need to be prepared for it to change as you go. In this episode Dan explores things you can to to prepare for the punch that you are not expecting in retirement.

We've all heard the phrase "time is money," and in this episode Dan talks about how to best use your time and resources.

In this show Dan talks about Millennials, the stereotypes and their financial issues.

Is debt in retirement bad? Is it best to retire with no debt or is there such a thing as good debt?