Florida Retirement System Podcast

If you're in the Florida Retirement System DROP Program and you're thinking about rolling over your FRS DROP money into FRS Investment Plan with Ernst & Young, we recommend that you watch this video first to learn about the Pros and Cons of using the Florida Retirement System Investment Plan.  To book an appointment with one of our advisors you can click here: https://calendly.com/an...

It's everyone's favorite topic: estate planning. Okay, so likely not, however, it is something that does need to be discussed and be a part of your retirement plan. In this video, Don goes over the importance of having a will and trust and how to use them. https://trustandwill.com There is no compensation exchanged between Don Anders and trustandwill.com. Anders and Anders Financial Grou...

Income, Safety, Growth...what's next? Some people want to keep their money available as cash; ready to use. This is called liquidity. As our video series continues, Don discusses the next need of money: liquidity.

Income, Safety, what's next? As part of this video series, Don covers the 5 Needs of Money. In this video, Don discusses the next need: Growth.

After covering Income in our previous video, Don goes through the next need of money: Safety.

The 5 needs of money, what are those? After many appointments and talking with several clients, Don has come up with what he believes are the 5 Needs of Money. In this video series, we will break down all 5 of those needs, starting with Income.

Having diversity within your retirement portfolio can be beneficial. Some retirements pay out dividends and do reinvestments. In this video, Don discusses the benefits of dividends within your accounts, and how it can work best for you.

Are you apart of the Florida Retirement System? Do you have a 403b retirement plan? Now is a great time to review your 403b. We invite you to schedule a complimentary phone consultation with one of our advisors to do an analysis of your plan and see if it compares to today's rates.

Should I stay or should I go? Like many FRS employees, that's a statement you've likely said before. You probably have worked for many years and as you are approaching your full retirement age, you might consider leaving early for a multitude of reasons. In this video, Don goes over the options you have whether you choose to exit early, or whether you choose to stay longer.

Dividend accounts, bond funds, cryptocurrency...which is the best option for you? Of course, each person and situation is unique, but in the third and final part of this video series, Don discusses the benefits of using market-based accounts within your portfolio.

As the stock market gets more volatile, many people seek lower-risk investments for their retirement money or FRS DROP Rollovers. In part two of this video series, Don discusses the types of Fixed Indexed accounts he likes that offer principal protection and still give a competitive return. Sources: https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-strategy-and-...

As the stock market gets more volatile, many people seek lower-risk investments for their retirement money or FRS DROP Rollovers. In part one of this three-part video series, Don Discusses the 3 types of accounts he likes that offer principal protection and still give a competitive return. Sources: https://bondbloxxetf.com/bondbloxx-bl... https://www.bankrate.com/banking/savi...

If you're considering entering the FRS DROP Program, you can now defer entering for as long as you'd like and there is no deadline to enter into the Florida Retirement System DROP Program.  In this episode, Don Anders discusses what options you have for deferring DROP, the pros and cons of staying longer, and who is eligible to do so.  ------------------- Visit our website and social med...

In this episode, Don Anders gets into what a Bonus Annuity, or what some insurance salespeople call the DROP Bonus Program, really is and the pros and cons of these Bonus Annuities.  ------------------- Visit our website and social media: https://frsdrop.com/ https://andersretirement.com/ https://www.facebook.com/andersretirementFRS/ https://www.instagram.com/anders.retirement https://twitter.com/...

To book an appointment with one of our advisors you can click here: https://calendly.com/andersfinancial/review-your-annuity If you have an Annuity or CD that was purchased prior to 2022, you may want to sit down and review your options. With much higher interest rates, you may be able to transfer your old account into something that will pay you a higher rate.  In this episode, Don Anders discuss...

Do you know your risk tolerance? Is your risk tolerance the same as when you started your investments? In this episode, Don Anders describes what risk is, and how your risk changes over time, and goes through a screen share utilizing software to show how you can analyze your risk tolerance today. Ready to take the Riskalyze quiz? Click here: https://pro.riskalyze.com/embed/c15979a5cfd5e5f0c87c To...

Some participants of the Florida Retirement System see that their unused sick leave gets added to an account automatically. How does that work? What options do you have? In this episode, Don Anders discusses the intricacies and nuances of those special pay accounts and the options available to you as an employee. To book an appointment with one of our advisors you can click here: https://calendly....

When it comes to your retirement, you want to choose an advisor that works in your best interest and one that you can trust with your hard-earned money. In this video, Don Anders discusses what it is like working with Anders Retirement & Investment Advisors including fees, structure, and what options are available to you.

Cost of living adjustment, aka, COLA. Many Florida Retirement System participants have had questions regarding COLA in regards to SB 7024 being signed. In this video, Don Anders discusses how COLA works, the most recent changes, and changes you can expect after the newest bill was signed.

Investment Plan vs Pension Plan. Pension Plan vs Investment Plan. Which one is right for you? In this video, Don Anders discusses 6 reasons why you might select the investment plan, rather than the pension plan, as a Florida Retirement System participant. 

With the recent changes to the FRS, many have wondered how their retirement will be impacted by the new investment plan rate increases. In this video, Don Anders does a screen share utilizing Investor. Gov to illustrate how those rate increases change your retirement.

On June 5th, 2023, Florida Governor Ron DeSantis signed SB 7024, thus making changes to the Florida Retirement System. In this video, Don Anders is covering some of the frequently asked questions we have received to help clarify some of these changes and how they impact your retirement.

As of July 1st, 2023, Ron DeSantis signed a bill that make changes to the Florida Retirement System. In this video, Don Anders discusses the changes that impact the investment plan. For those who are a part of the investment plan, you will be seeing an increase in your plan (that's a benefit!) at no cost to you.

As of July 1st, 2023, Ron DeSantis signed a bill that make changes to the Florida Retirement System. In this video, Don Anders discusses the increase in the Health Insurance Subsidy with the dollar breakdown.

As of July 1st, 2023, Ron DeSantis signed a bill that changed the FRS in numerous ways. In this video, Don Anders discusses the impact it has on Special Risk Employees. If you're a Special Risk Employee, you now have new options when it comes to your retirement timetable.