Money Master Retirement Podcast

One of the biggest challenges when planning for retirement is figuring out a stategy that will allow you to turn your nest egg into income. There are 2 main methods financial planners use to achieve this goal. We will be discussing both of these methods and the variations that you may come across on this episode. Michael Kitces Article: https://www.kitces.com/blog/even-safety-first-retirement-inco...

Social Security is one of the most complex retirement planning topics. There are multiple ways to file, everyone will receive a different amount, and there is a lot of misinformation about this topic. If you make a mistake, it can be very costly, which is why Nick and Tori will address a few social security considerations you should make on the podcast today. Check Out Our YouTube Channel: www.you...

Social Security can be one of the most confusing aspects of retirement planning. There are countless claiming strategies and it can be difficult to know which ones can be advantageous for your situation. We will discuss if you should work and take Social Security and when it might make sense to utilize this strategy. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website - ...

There are a lot of considerations when making the decision to retire early. Many people just want to work to a certain age, or dollar amount to make them feel better about their retirement. However, if this opportunity has presented itself to you, you may want to act on it. Even if it's a little sooner than you had originally anticipated. Check Out Our YouTube Channel: www.youtube.com/@brindleandb...

We invite a special guest on the show Tori Ten Hagen. Tori currently serves as a Resident Financial Planner on the Brindle and Bay team and is working towards getting her CFP. On this show, we will be discussing if it's a good idea to have 3 years worth of cash when you are in retirement. Since the market is down, many people are worried about losing their money and many believe having a good port...

Rising interest rates and inflation are two topics that are a big concern right now in the financial landscape. We thought this would be a great time to go over these big topics and also discuss what concerns our members have brought up in regards to these subjects as well. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

The financial world is filled with a lot of terms that can make it difficult for many people to navigate. On this show, we'll be discussing the differences between an advisor and a planner. We hope that this can help clear up any confusion you may have had with these two terms. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-...

It does seem like anyone can call themselves a financial advisor these days. So how can you sort through the different levels of qualification in the industry? On this episode, we'll try to explain some of the most common designations you'll encounter on your financial planning journey. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/...

When it comes to your money, you might have several different voices in your head—maybe the voice of greed, or the voice of fear, and sometimes the voice of wisdom. Let's look at some things we might hear from the voice of greed so you know how to recognize it when you hear it. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-...

There are certain things in life we just can't predict. If we knew the answers to some of these questions, planning for retirement would sure be a lot easier. So let's see how you go about constructing a plan that addresses the kinds of questions to which you can't possibly know the answers. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay...

We all should realize that planning for retirement is relatively complex. There are a lot of different moving parts and factors to consider. Adjusting any of these variables can impact the end result. But is there one part of the retirement planning process that's most important? We've assembled several opinions on the topic from across the internet. Let's see if the advice hits the mark or needs...

To kick off the new year, we answer some listener questions that have come into the show. We will discuss the concept of phased retirement, what perctange of your income you should put away to retire on, and considerations you should take into account if you want to retire early. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-98...

You might not be able to follow through on all 22 of these resolutions, but implement even just a few of these and you'll be well on your way to a more prosperous financial life in the coming year. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

We see a lot of people who aren't getting the kind of advice and service from their financial advisor that they should be. In a lot of cases, the advisor is only "managing the investments," but not providing guidance in other areas. Let's talk about some of the things that your advisor should be doing. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.br...

To successfully complete a jigsaw puzzle, there are some strategies that you'll want to keep in mind. And many of those same strategies apply to retirement planning. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

There's an old quote that says, "Age is the price of wisdom." Let's talk about how that applies to the financial world. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

On this episode, we will answer some mailbag questions that have come in from our listeners. We will discuss different investment strategies, buliding a retirement plan with an age gap, and robo advisors. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

The SECURE Act became law at the beginning of 2020 and created some significant differences in how people should plan for retirement. And while it's not law yet, there's a SECURE Act 2.0 on the horizon that could very likely become law before the end of the year. Let's talk about some of the provisions and why they could be important. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay C...

The world is stressful. Let's take a small break from it with some goofy financial planning and financial advisor jokes and see what kinds of lessons we can learn from them. If you have any questions, don't hesitate to reach out. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

So much focus in the financial world revolves around accumulating money. There's all sorts of advice, how- to guides and guardrails in place when it comes to saving and investing, but a lot less resources out there to help retirees navigate the period of time after retirement. This is known as decumulation, the spending down and managing of the assets you've accumulated through your life. And on t...

Before you can effectively put together a retirement income plan, it's important to understand your own tendencies for spending. Let's explore the different personalities. If you have any questions, don't hesitate to reach out. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay.com/ 214-988-9178

Lumber prices have skyrocketed in the last year and many people are blaming inflation for the spike. However, there are other factors that have contributed to the high price. We'll discuss a few of these facotrs and when we might see the price level out again. If you have any questions, don't hesitate to reach out. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  h...

Sometimes talking about life insurance can be an uncomfortable conversation, but it doesn't mean you should avoid it. Nick and Connie talk about whether retirees need to have a life insurance plan in place, and the benefits it provides. If you have any questions, don't hesitate to reach out. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https://www.brindleandbay...

It makes sense that the way we plan for retirement is largely influenced by what we think retirement is like or all about. So, let's take a look at how various people across the US describe retirement and see how that might shape the retirement planning process. MIT Study: https://bit.ly/3oiy6jx If you have any questions, don't hesitate to reach out. Check Out Our YouTube Channel: www.youtube.com/...

Many financial circumstances that you'll find yourself in have both positive and negative aspects. Decisions that you can make have both good and bad consequences. Or as Sir Isaac Newton put it: "For every action, there is an equal and opposite reaction." If you have any questions, don't hesitate to reach out. Check Out Our YouTube Channel: www.youtube.com/@brindleandbay Contact: Website -  https:...