Mondays With Matt Podcast

The Coronavirus (COVID-19) is having a dramatic impact on our daily lives and many people are taking a huge financial hit from lost wages, a volatile stock market, and general economic uncertainty. Matt will analyze it all on today's show as we break down the situation and give you some important things to think about when it comes to your financial plan. Links & Show Notes: Great Lakes Retirement...

Different people have different levels of desire when it comes to finding their retirement date. Let’s explore these different levels of desire, as indicated by the statements people might make, and discuss how we’d help someone at these different levels. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

Most people like to think that they always make decisions based on logic and facts, but the truth is that emotions usually play a role for all of us in the decision-making process... Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

A lot of financial professionals say things that just aren’t true. And it’s not that they’re intentionally trying to mislead, it’s just that they’ve been trained to use certain talking points, which they might even believe to be true themselves. Let’s talk about the statements you should be cautious of if you hear them from a financial advisor... Links & Show Notes: Great Lakes Retirement Website:...

After it simmered in Congress for a year, the SECURE Act is now law. If you have a retirement account of any kind, or will one day inherit a retirement account, this will affect you. Matt will hit the main points of this new bill and how it will change retirement planning. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949  

Not everything goes smoothly in your financial life. We’ll look at some negative circumstances that many retirees and pre-retirees face and help you find the silver lining in the midst of tough situations. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

With all of the things in the financial world that you can’t control, why would you sabotage your own retirement by messing up the things you can control? Let’s discuss some ways that people sabotage their own financial health. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

Simple mistakes can sometimes lead to larger regrets in retirement. On today’s show, we’ll explore some of the things you can do to avoid living with regret in retirement. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

If the variables were the same for everybody, retirement planning would be much simpler. But the fact that everybody is different is what makes it fun. On today’s show, we’ll explain why answers to some of retirement’s critical questions vary from person to person. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

There are some important lessons that flying can teach us about retirement planning. So check your luggage, strap in to your seat, and let's take a trip with Matt. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

Even for people who have been very responsible with their money over the years, entering retirement can still be a challenge because it’s such a different stage of life. Let’s talk about some of the missteps that even responsible savers can make. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

Today’s episode is simple. We’ll look at some of the most widely believed financial myths and try to bust them wide open. The scary thing is that a lot of people base their financial plans on some of these myths. Don’t be like that. Links & Show Notes: Great Lakes Retirement Website:  http://www.greatlakesretirementsolutions.com/ Call: 989-401-2949

Have you ever had financial trouble? We’re not just talking about atrocious situations like going bankrupt. There are also situations that can arise as life goes on such as a divorce, a bad broker, and more. Today we will talk about how to get out of some of these tricky positions and how to regain traction on the right path.

Your 401k can be your most powerful retirement savings tool. But it’s not perfect. Let’s talk about some of the weaknesses that you should be aware of in your 401k (or 403b...or TSP...or 457 plan)...

With the technological strides that are being made in various industries, many jobs are being replaced in favor of automation. Similarly in the financial realm, you might have encountered robo-advisors as an alternative to working with a financial advisor. So this week, we'll take a broad look at how the financial industry may be altered by automation, as well as the benefits of human interaction.

There are plenty of proverbs and axioms that aren’t meant to be about money, but we can easily learn a financial lesson from them anyway. We’ll show you the hidden money meanings behind some of these popular sayings...

A big question for a lot of pre-retirees is: How do we take the money we have saved and turn that into income in retirement to replace our paychecks? We will discuss some basic concepts to help on this week's episode.

For some people, the biggest problem with their financial planning isn’t that they make the wrong decisions. It’s that they often fail to make decisions at all. But sometimes you just have to fish or cut bait.

If you’re heading out on a road trip this summer, there’s a long checklist of items that you want to be sure you haven’t forgotten. And in retirement planning, some of those exact same items need to be addressed. Let’s look at some of the items that should appear on both your road trip checklist and your retirement planning checklist...

It seems that people have different definitions of “safe money” as it relates to their savings. Let’s discuss some of those varying explanations of the term and why it’s an important conversation for any retiree or pre-retiree to have.

We get a lot of questions from listeners wanting to know how they can determine when it will be “safe” for them to retire. Let’s look at some of the key factors that help a person define what “safe” means and when they can indeed pull that retirement lever.

Most people have a junk drawer at home. It usually contains things like rubber bands, clothespins, highlighters, glue sticks, a tape measure, a label maker, and a pair of scissors. But most people have a financial junk drawer too. Let’s talk about some of the things that end up there and how they might be put to better use.

This week we discuss the new proposed gas tax hike in Michigan as well as political conversations around larger taxes for larger estates.

In many areas of our culture, the do-it-yourself mentality is really popular. There’s even a DIY Network where you can watch shows about home renovation, landscaping, or interior design, and how to do those things without professional help. Let’s talk about what the DIY mentality looks like in retirement planning…

You want to feel informed about your options when it comes to making financial decisions. So, you probably turn to a lot of different sources to gather that information. Let’s look at some of the most popular areas from which you’re getting your financial education and evaluate whether these are wise areas from which to grow your financial knowledge.