Financial Straight Talk

What are you paying an advisor for? Jim Fox answer this question along with others, such as how often should you be communicating with your advisor, as he breaks down the Wall Street Journal's 5 questions you should be asking your financial advisor.  See omnystudio.com/listener for privacy information.

Jim Fox breaks down the new rules of the Secure Act 2.0 and discusses how it could affect your financial future. So will it help you reach your retirement goal? See omnystudio.com/listener for privacy information.

Jim Fox reflects on the financial aspect of 2022 and discuss what people are projecting for 2023. He also talks about a country star who has no plans to retire yet and things we like less the older we get.  See omnystudio.com/listener for privacy information.

What is your goal for 2023? Jim Fox discusses the difference between setting a daily and an annual goal. He also talks about the creating the right relationship with your advisor and why customer service is so important to him. Have a happy new year!   See omnystudio.com/listener for privacy information.

On this weeks show Jim Fox and the team discuss Christmas traditions from around the world. They also share stories about spending time in other cultures and the worst Christmas experience of their life. Enjoy the show, Merry Christmas, Happy Holiday's, and have a Happy New Year!   See omnystudio.com/listener for privacy information.

Do you have hope for your retirement future? Jim Fox discusses ways to find your voice of reason in financial planning and the importance of finding tax clarity. The show also celebrates someone's BIG birthday!  See omnystudio.com/listener for privacy information.

A famous actor discusses how he lost his fortune. Jim Fox breaks down the problems that can occur when you invest based on fear of missing out (FOMO). He also talks about scams he's seen first hand and shares what he's thankful for this year.  See omnystudio.com/listener for privacy information.

How has retirement changed from your parent's generation to now? Jim Fox discusses ways to create your own pension, how to find your retirement window, and kids have it easy these days.  See omnystudio.com/listener for privacy information.

A media mogul finds a $9 million mistake in his taxes. How would you react? Jim Fox discusses when is it OK to fire your financial advisor. He also talks about avoiding negative impact in your portfolio and taking control of your financial decisions.  See omnystudio.com/listener for privacy information.

Risk! Is it good? Is it bad? Jim Fox discusses how to manage it when it comes to building your portfolio. He gives out tips for Halloween and shares a quote from Mike Tyson that you will want to avoid when it comes to planning your financial future.  See omnystudio.com/listener for privacy information.

Have you built a plan that is able to adapt to the current flow of the market in retirement? Jim Fox discusses the importance of being able to change your finances with your lifestyle and compares it to the best Halloween candy in your bag.   See omnystudio.com/listener for privacy information.

Where can you max out your current tax bracket in retirement? Jim Fox discusses this and how the ripples of life can affect your goals and what do you need to know right now about RMD's.  See omnystudio.com/listener for privacy information.

James Earl Jones is retiring as the voice of Darth Vader, but he’s sold the rights to his voice so Disney can continue to use it.  That’s a nice pay bump for Jones as he hangs up the lightsaber at 91, and he should continue to get residuals as Disney uses his voice in future projects. Jim Fox talks about a few different tools and strategies to generate income from your investments once you enter r...

Jim Fox discusses why it's so important to create trust with your advisor. He also talks about looking at the bigger picture when it comes to future impacts on your portfolio and why having multiple accounts doesn't mean you have a plan.  See omnystudio.com/listener for privacy information.

Jim Fox discusses the hurdles you will face when retiring. He also talks about the "magic age" of retirement and how will you know if you've saved enough money? Find out the answers to these questions and more! See omnystudio.com/listener for privacy information.

Jim Fox breaks down the acronym E.A.R.N. and all of its components from raising RMD ages, to funding long term care insurance and extra contributions into your 401(k).  See omnystudio.com/listener for privacy information.

Jim Fox discusses the 6 myths you will hear when someone begins talking about annuities. Which one's are true? Which are false? Which one's should you make your own decisions on? Find the answers to these questions and much more on this week's show! See omnystudio.com/listener for privacy information.

Jim Fox discusses the importance of creating a tax plan for the future and what you should do if you come into a large sum of money. He also talks about a local business man going to space, a retiree who biked the U.S.A. and the real winner of the billion dollar Mega Millions jackpot...The IRS.  See omnystudio.com/listener for privacy information.

Jim Fox discusses what options you can make now to prepare yourself for a recession. He also talks about why age is nothing more than just a number and one man who is living proof.  See omnystudio.com/listener for privacy information.

Jim Fox discusses the importance of becoming mentally prepared to achieve your financial goals in retirement. He also talks about creating a game plane and the importance of eliminating debt.  See omnystudio.com/listener for privacy information.

Jim Fox discusses why you should designate beneficiaries now rather than later and which accounts you should double check. He also talks about the family of a famous actor who had to deal with probate after passing away.  See omnystudio.com/listener for privacy information.

Jim Fox shares the story of what brought him into the industry and how he got to where he is now. He also talks about how crucial it is to have a strong relationship with your advisor and why an individual plan is so important.  See omnystudio.com/listener for privacy information.

Jim Fox discusses the what you should be doing right now to plan your retirement. He also talks about the right time to start receiving social security and the excuses to avoid when making a retirement plan.  See omnystudio.com/listener for privacy information.

Jim Fox welcomes on Vice President Mike Pence and discusses the future of social security in America. He also talks about the role it plays in your retirement plan and what you should consider first when create a plan for your financial future.  See omnystudio.com/listener for privacy information.

This week Jim Fox and the team at Financial Straight Talk are celebrating their 100th podcast! Jim talk's about the evolution of the show and his plans for the future as he continues to grow in the Space Coast.  See omnystudio.com/listener for privacy information.