Money Master Retirement Podcast

People say they don't get a straight answer about fees. Investment fees are very misunderstood. In today's episode, we walk through a practical guide to help you understand the different types of fees that you might be paying when it comes to an advisor and your investments. Check Out Our YouTube Channel : www.youtube.com/@brindleandbay Contact: Website - https://www.brindleandbay.com/ 214-988-917...

We all know that life throws curveballs—whether it's an unexpected medical bill, a job loss, or a surprise home repair. But are you truly prepared? How much should you have set aside? Where should you keep that money so it's accessible when you need it most? And how does your emergency fund change as you move through different stages of life? Check Out Our YouTube Channel : www.youtube.com/@brindl...

Today's episode is part of a special series for our book club on Morgan Housel's The Psychology of Money. Tune in as we chat about the last few chapters of this book!

Today on the podcast we want to take a moment to answer a few listener questions. Tune in to see if they might be a few questions you've had yourself.   Check Out Our YouTube Channel : www.youtube.com/@brindleandbay Contact: Website - https://www.brindleandbay.com/ 214-988-9178

Today's episode is part of a special series for our book club on Morgan Housel's The Psychology of Money. Tune in as we chat about chapters 16 and 17, which focus on the knowing your own financial goals and avoiding comparison. Check Out Our YouTube Channel : www.youtube.com/@brindleandbay Contact: Website - https://www.brindleandbay.com/ 214-988-9178

As election cycles heat up, everyone has questions about how their plan will fare during this time period. With all the political noise and speculation, it can be hard to know whether you should stay the course, adjust your strategy, or sit on the sidelines until things settle down. But here's the thing: elections are a regular part of the investment landscape, and with the right mindset and strat...

In this episode, we dive into the important questions that shape a personalized financial plan. While money and numbers often come to mind when thinking of financial planning, they're only part of the big picture. Let's talk about why understanding your goals, values, and mindset is pivotal in creating a plan that truly resonates with your life.    Check Out Our YouTube Channel :  www.youtube.com/...

Throughout your planning journey, you've likely heard of the "Go-Go," "Slow-Go," and "No-Go" years of retirement. However, in our experience with clients, we've discovered that there are additional phases within these broader categories—each with unique challenges and rewards. In this episode, we'll discuss these specific phases of retirement: the honeymoon phase, the settling-in phase, the health...

One of the biggest fears for pre-retirees is running out of money during retirement. So in today's episode, we're going to discuss five critical warning signs that your retirement plan might be at risk. From having too many debt repayments to having a poorly allocated portfolio, we'll highlight the key areas you need to focus on to build a strong and resilient retirement plan.   Check Out Our YouT...

As many parents and grandparents know, financial responsibilities don't end when the kids move out of the house. From paying for cell phone bills and auto insurance to funding college educations, financial support often continues well into adulthood. But as your retirement years get closer, it's essential to find a balance between supporting your family and securing your own financial future. In t...

Today's episode is part of a special series for our book club on Morgan Housel's The Psychology of Money. Tune in as we chat about chapters 14 and 15, which focus on the inevitability of change and the hidden costs associated with financial decisions.   Check Out Our YouTube Channel :  www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

Today's episode is part of a special series for our book club on Morgan Housel's The Psychology of Money. This time, we're covering chapters 11-13. Tune in as we explore the intersection of rationality and emotion in financial decision-making.   Check Out Our YouTube Channel :  www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

One of the best parts of our jobs is hearing about what our clients are doing or looking forward to in retirement. So, in today's episode, we're highlighting retirees from our office who inspire us! These retirees aren't just enjoying their freedom- they're thriving in ways that are truly inspirational. From transforming their health and wellness to pursuing lifelong dreams, we hope this conversat...

In recent years, the "magic number" for retirement has shifted from $1 million to $1.5 million. This change, based on a recent survey, has left many wondering if they need to adjust their retirement plans. In today's episode, we dive into this topic to uncover whether this new figure is truly necessary for a comfortable retirement.   Check Out Our YouTube Channel :  www.youtube.com/@brindleandbay...

Today's episode is part of a special series for our book club on Morgan Housel's The Psychology of Money. This week, we're covering chapters 9 and 10. Tune in as we share our insights and takeaways from these chapters that focused on the true nature of wealth and the importance of saving!   Check Out Our YouTube Channel :  www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandba...

Today's episode is part of a special series for our book club on Morgan Housel's The Psychology of Money . This week, we'll be tackling chapters 7 and 8. Join us as we dive into the concepts of financial freedom, control, happiness, and more. These chapters had some awesome things to say about managing your finances and living a fulfilling life!   Mel Robbins' Podcast https://www.melrobbins.com/po...

Would you rather have a $1 million lump sum, or get paid $5,000 per month in retirement forever? Common advice often solves this by asking the wrong question. In today's episode, we will take a more in-depth look.   Lump Sum Versus Monthly Video: https://www.youtube.com/watch?v=QLeKmQ_kQHg&t=85s   Check Out Our YouTube Channel :  www.youtube.com/@brindleandbay Contact: Website -  https://www.brind...

As much as any other threat, recognizing and avoiding scams has become a necessary skill in today's world. Join us as we explore crucial steps you can take to safeguard your financial well-being against the growing tide of scams and identity theft. We'll share real-life stories and practical advice to spot red flags and identify scamming techniques before it's too late.    Links for this week's sh...

We're looking forward to continuing our book club series for Morgan Housel's The Psychology of Money this week. This episode, we're diving into chapters 5 and 6, which cover themes of preserving wealth, adaptability, and consistency in financial planning. Stay tuned as we discuss the importance of staying invested during market fluctuations and embracing failure as part of the investment journey....

Today's episode is part of a special series for our book club on  Morgan Housel's The Psychology of Money. In our last episode, we dove into the first few chapters. This week, we'll be tackling chapters 3 and 4, which have some powerful takeaways on the importance of contentment, the impact of social comparison, and the power of compounding over time.   Check Out Our YouTube Channel :  www.youtube...

Welcome back to The Money Master podcast! Today's episode is part of a special series for our book club on Morgan Housel's The Psychology of Money. This is a fantastic read that we're so excited to dive into with you. Grab your copy of the book, or just sit back and enjoy the ride as we unpack the first few chapters!   Check Out Our YouTube Channel :  www.youtube.com/@brindleandbay Contact: Websit...

We're excited to be joined by Derek Prusa, CFA, CFP® , in this week's episode. Derek is on our investment committee at Brindle and Bay, owns a private practice in Grand Rapids, Michigan, and is the face behind our monthly market videos. Listen in as we chat with Derek about some common investing misconceptions, the importance of a diversified portfolio, and even touch on the psychological side of...

To ring in the new year, we thought it would be fun to share some great books we've read that have shaped our lives and our thinking. We'll chat about our reading habits and share some recommendations for a range of genres, including self-help, fiction, health, and finance. If you've read any inspiring books recently, we'd love to hear from you! Drop a comment and share your recommendations or sen...

There's been a lot of buzz around Social Security lately. Today, we're diving deep into the recent changes outlined in the Vision 2025 document. With Social Security's solvency a topic of concern, we'll break down the key updates and share how they could impact your retirement benefits.   Check Out Our YouTube Channel :  www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay....

In this special holiday episode, we're taking a break from our usual financial discussions to share some festive cheer. Tune in as we chat about the holiday season, sharing some of our favorite traditions, foods, and even some budget-friendly gift-giving ideas! Grab a cup of cocoa, cozy up by the fireplace, and join us as we reflect on the magic of the season. From the Brindle & Bay family to your...