Fire Your Financial Advisor by Golden Reserve

Say the word "annuity" and you get a lot of different reactions. Like fruitcake, some people love them, some people hate them. But why? What is the real story behind annuities, and should you make them a part of your retirement plan? See omnystudio.com/listener for privacy information.

If you are worried about up and down markets, what should that signal to you? Annuities: Some people love them, some people hate them. What’s the real story? When a healthcare event changes your retirement plans. Myth Busters: Letting your IRA grow and using it for inheritance. What is "mailbox money" and how can you create it? See omnystudio.com/listener for privacy information.

When we look back at how our retirement accounts performed in 2022, it probably won’t be with a smile. But should one down year affect your retirement date and plans? At Golden Reserve we say no, and let us show you why. See omnystudio.com/listener for privacy information.

One advisor says you need 200 stocks to be diversified. REALLY? One analyst says recession in 2023, another says 20% market growth. Who should you believe? A scary stat about pensions. Myth Buster: Don’t touch your IRA until you have to. Are you enjoying your Golden Years or worrying about the Stock Market? If you could take a guaranteed 4.5% return over the next 10 years, would you? See omnystudi...

Putting money into your IRA is easy. Taking money out of your IRA in retirement takes some planning. We have a listener from the Columbus area that has that question for Greg and how the Golden Reserve Tax Map can help. See omnystudio.com/listener for privacy information.

If the stock market is down, will I have to cut back on my retirement lifestyle? What could be the #1 cause of bankruptcy in retirement? Another bad apple in the financial advisor world. How can you be tax smart when dipping into your IRA in retirement? See omnystudio.com/listener for privacy information.

We are finally through the political season, but there’s always another one around the corner. You may have strong feelings about the direction of our country when it comes to policy and of course taxes. Do you make decisions with your money according to the political landscape? See omnystudio.com/listener for privacy information.

The closer you get to retirement, the harder it is to stomach loses. So why have your chips on that Blackjack Table? You can’t deny it. Statistics show most of us will need some kind of elder care. How do you plan for it? How to keep your politics and your money separate. What is a fiduciary? What does it mean, and does it really matter? See omnystudio.com/listener for privacy information.

The financial industry is full of opinion on how much you need for retirement. Those articles cause a lot of anxiety that you don’t measure up. The Golden Reserve Roadmap for Retirement will many times reveal you have done a great job and have saved enough to enjoy retirement. See omnystudio.com/listener for privacy information.

CNBC’s Jim Cramer said that Facebook (Meta) had no where to go but up. Soon after, it went down over 60% and he issued an on-air apology. How can you take some of the guess work out of your investment choices? See omnystudio.com/listener for privacy information.

It’s never good when your Financial Advisor is in tears. Jim Cramer of CNBC admits to a bad investment call. Bad Santa: Gifting with good intentions but with bad tax consequences. Limiting your tax liabilities in retirement by having a strategy for that IRA. 70% of us will need some kind of Long-Term Care. How can you protect yourself from these extreme costs? See omnystudio.com/listener for priva...

Greg’s book “Fire Your Financial Advisor!” will be available in February of 2023. One of the reasons he wrote the book are stories like this.   See omnystudio.com/listener for privacy information.

The IRS is changing many rules about tax brackets and contribution levels for 2023. How should you react? The wealthy have a secret about income. Can we use the idea? Why are there so many opinions about annuities and what’s the truth? Is your financial advisor listening and acting according to your needs and what if they aren't?   See omnystudio.com/listener for privacy information.

Financial Advisors focus mostly on investments. How at risk are you in today’s Market? See omnystudio.com/listener for privacy information.

We have faced high inflation, high interest rates and rocky markets before. How did we get through it? One study says you will have 15% more money if you use a financial advisor. Jason Aldean will be front and center at the upcoming Country Music Awards. Greg was in Nashville to talk to him. There are record amounts of cash on the sidelines. Is there a better place for that money than the bank? Se...

In a year when stocks are down and bonds are down as well, where do you go for safety? See omnystudio.com/listener for privacy information.

My financial advisor speaks gibberish.  The idea that stocks are for growth and bonds are for safety isn’t working. How to be tax efficient when sending money to your heirs. How much money should you have in (and out) of the stock market? See omnystudio.com/listener for privacy information.

What is your idea of protecting your money from market downturns? Bonds? Cash? Pulling out of the market all together? Greg discusses the alternatives. See omnystudio.com/listener for privacy information.

Are we headed for more recession talk or are we working our way out of this market volatility? Is cash a good hedge against this market and how much should you hold? Questions you should be asking your advisor about fees. The cost of healthcare and long-term care is a shock to many retirees. How do you prepare? The things you need in retirement aren’t as grand as you think Pay the taxes early. Tha...

We love when our IRA grows, but so does Uncle Sam. The higher the balance, the more the tax bill. Greg plays Myth Buster and problem solver at the same time. See omnystudio.com/listener for privacy information.

Fiduciary is just a made-up title that means nothing How the Golden Reserve Tax Map can help with your IRA Protect and plan against the high cost of Long-Term Care Vanguard says the market will return 3-5% over next 10 years. Is that enough? Get out of the market; be safe, not greedy. See omnystudio.com/listener for privacy information.

Each week we highlight a listener question. This week Mike from Maumee asks about ways to develop income, what his returns should be, and how to handle when Uncle Sam says he has to dip into his 401(k). See omnystudio.com/listener for privacy information.

You’re not going to live forever Mike of Maumee asks about income, returns, and RMDs. What happens when you turn 72 Milk inflations won’t ruin your retirement If you didn’t pay your financial advisor, would they still be your friend? Our Myth Buster segment blows up another retirement list. What happens when you tell your kids “I’m spending the money on me”? The confusing language of the CEO of Ed...

It’s a classic story. When the market is up, the financial advisor takes credit, when the market is down…well, that’s just what the market does. Hang in there it will come back. Are you ok with that? See omnystudio.com/listener for privacy information.

When the market is down, “stay the course” just doesn’t cut it anymore. Anne Heche dies and doesn’t have a will in place. Why is it important for you? If you think you don’t have enough money to justify getting financial help, think again. Why Greg believes your financial advisor is not your friend, even if they make it look that way. Retiring requires a multi-faceted TEAM to do so, not just a sin...