Midwest Money

Breaking down three costly issues you might not be planning for in retirement.

If you are fortunate enough to have a defined benefit pension, you will likely be given the opportunity to take a lump sum payment at some point in your retirement. What are the things you should consider? What are the benefits and challenges that come with a lump sum payment? This episode examines some things you may want to keep in mind.

Retirement comes with emotional and psychological challenges as well as financial ones. This episode looks at tips and tactic from two different sources that can help you manage and thrive in retirement. Prepare yourself to conquer that emotional rollercoaster.

There are many things to consider when looking at housing options in retirement. Will you stay in your current home? Will you buy a new home or condo? Or is renting better for your situation? This episode examines some of the options.

During this episode, we’ll discuss some of the critical things that life insurance beneficiaries should know, including what happens if a policy has lapsed and when you can expect to receive your payout. Additionally, we discuss the pros and cons of both permanent and term life insurance.

Children are a huge part of many retiree’s lives. However, they can also cause a huge drain on retirement savings and income. This episode looks at some of the ways to minimize their impact.

You may have seen commercials for prescription drug cards that can save you money on your medications. Are they real? Are these cards related to insurance somehow? This episode looks at what these cards do, where they come from and how they can impact you.

For many people, regular travel during retirement is one of their dreams. But travel can often be very expensive, especially for people on fixed incomes. In this episode, we discuss numerous ways you can enjoy a retirement full of travel without completely wiping out your retirement nest egg.

Looking toward retirement should be a time of optimism and excitement for couples. But in reality, there are numerous traps and obstacles standing between couples and a fulfilling retirement. Yet, with some honest conversations and comprehensive strategizing, couples can view their impending retirement with confidence.

Examining some of the pros and cons of taking out a 401(k) loan.

A brief discussion of how to re-balance the 3 Legged Retirement Income Stool.

We all have hopes and dreams for our retirement. But those don’t truly become goals unless you have a plan on how to achieve them. This episode looks at some steps you can take to turn those retirement wishes into goals.

Discussion on probate and tips and adjustments you can use.

Where do you even start when looking at Medicare? This episode serves as a potential beginner’s guide to Medicare. This can be a confusing subject. There are so many parts, rules and regulations. We break some of those parts, rules and regulations down for you.

Congress is proposing some big changes to Independent Retirement Accounts. What are some of these changes? How might they impact you? What is a Stretch IRA and how does it function? This episodes looks at all of these questions and more.

There are a few things that you can do in light of COVID-19 that will help you understand your path to retirement better and can help you do something besides worry.

What is the Midwest Money Radio Show? Tune in to find out Anthony Maheu and his company and what his intentions are with this podcast.