Monolith Money Show

Volatility has been a part of recent market trends, but especially so in the wake of the Corona Virus pandemic. Jeff takes a look at how people close to or in retirement can adjust the strategies in their plan to help reduce the risk to their savings that volatility can bring.

The stock market began to fall in late February after an eleven year bull run, and eventually it fell into a bear market. What are retirees to do in its wake? Today Jeff goes over ideas to keep in mind when unexpected events of any kind affect the market adversely, and how to incorporate them into your own plan to mitigate damage to your retirement savings and investments.

So-called proven ways to make money through investing can lead you astray when it comes to retirement. Today Jeff talks about the importance of having a plan, and making sure that plan is customized to the needs of the individual for whatever they imagine for their own retirement.

As we begin a new year, you may have made some New Year's resolutions for improvements. What about your financial situation? The goal of this show is to find resolutions that can make change in that area easier. Jeff talks about some resolutions that can be easy to implement and realistic, including planning for retirement income and creating an investment strategy to help ensure you are on the wa...

Proper planning for all the various aspects of retirement is critical, especially with people living longer these days. Today Jeff looks at key points so you can get on and stay on the right track in putting the proper plan together for your situation.

The trend now is for people to retire later in life. But what if you could retire earlier than you think - is it possible? Today Jeff explores the pros and cons of an early retirement and lays out the factors people need to look at to determine if they are indeed a viable candidate for early retirement.

These are two huge things most Americans have available for their retirement. But these are complex programs and most folks don't understand how they can get all the benefits from them to which they may be entitled. Jeff takes a look at when the best times might be for you to start taking these programs, and how to take the right steps to ensure they will keep their financial stability during reti...

Women have a tendency to think of others before they think of themselves. But when it comes to retirement planning, they can't leave themselves out of the equation, especially because women statistically will live several years longer than men. Today Jeff discusses why it is so important for women to be involved in long term financial planning along with their partner to be sure the survivor is ta...

Construction season has been going on for a while on streets and highways, and it's annoying. It makes you wonder why those projects aren't planned out better. Well, when it comes to your retirement plan, you don't want to be wondering if it's not planned out well enough. Jeff talks in this program about signs that can tell you if you are ready to retire and what steps you should take if you are.

The Fed is back to cutting interest rates after some years where they slowly rose. What does a potential slide in these rates mean for retirees? For one thing, it means less interest on fixed investments. But does that mean going back to putting more money into a volatile stock market? Not necessarily, says Jeff. Today's show talks once again about the importance of having a written retirement pla...

What if I don't have enough money to retire? What if I run out of money during my retirement? What if I am taking too much risk? These and many other questions need to be asked and addressed before you have to ask yourself "What now" if any of these scenarios occur. Jeff talks about things you can do to plan for these possibilities so your retirement can be as smooth as possible.

It's happening more often these days - people living to 100 years and beyond. Which begs the question - is your retirement plan ready for that long a lifespan? Today Jeff looks at steps you can take to help extend the life of your assets so the money you need for those extra years will be there.

What happens if you are forced into an early retirement due to health problems or an unexpected lay-off? Today Jeff talks about how to make the best of the situation regarding your financial situation if an early and unexpected retirement is in the cards. He also discusses the opposite - a person who doesn't want to retire. Either way a comfortable happy life can be a reality with some help from a...

It's a great idea to check your retirement plan at least annually to be sure everything is working properly. Today Jeff talks about the things to be aware of to be sure your plan will continue to work for you as your retirement goes on.

What are the fundamental steps necessary to create a solid retirement plan? Today Jeff goes over what needs to be put in place now so the plan will have everything it needs for when you retire later.

Life - and death - events need to be accounted for in case of the worst, and today Jeff talks about making sure your family plans for such. He brings up the proactive steps to be sure are in place to lessen burdens on those left behind and that the family legacy stays intact.

When you are looking at working with an adviser, an initial impression can make a big difference. Today Jeff talks about what he thinks the experience should be for a first time visitor and potential client, including subjects addressed in the initial meeting and what to expect as the process continues.

Before flying a plane, pilots undergo a thorough checklist of their equipment and flight plan to be sure everything is ready to go. Retirement planning is similar - and today Jeff goes over the pre-retirement checklist so that everything your plan needs will be ready and there when you need it.

And not just financial assets, but intangible ones like time. They're all important in their own way, and today Jeff goes over the many different things which can be used as assets in various aspects of retirement planning.

The host of the Monolith Money Show, Louann Fulmer, is approaching retirement age. So Jeff goes through some strategies which could apply not only to her situation, but to many people who are in the five year period, approximately, prior to retirement to help them get their retirement plan on track.

People might wonder if they are truly prepared for retirement, especially when looking at their finances going into their post-work years. Today Jeff talks about four things which need to be in place for your retirement to be truly successful, including taking Social Security at the right time, number of sources for retirement income, health care and preparing for inflation.

Longevity is one of the biggest threats to your retirement assets - you want to be sure you don't outlive your savings. Jeff looks at the threats longevity can pose, and strategies to use to manage these threats to be sure your money lasts as long as you do.

When you order a new car, you select the features you want to have in it. Your retirement plan should be the same way - customized just for you and your unique needs and situation. Jeff describes how a good retirement plan can be customized for you, including strategies to be sure you don't run out of money and how to plan for higher medical costs, along with several other situations.

How can you make sure your retirement plan stays on track if you are taking care of both aging parents and non-aging children? That's a task many baby boomers are facing these days. Jeff goes through ways to be sure everyone is on board with a plan for meeting as much of both of these scenarios as possible while still providing for a retirement of their own.

This is a question many are asking themselves as they approach the time to hang it up at work. Today Jeff goes over some ideas to help answer this question in your mind, such as what you want your money to do in retirement, and the potential of other assets you have to work in a comprehensive plan.