Navigating an Abundant Retirement with Carol Dewey

Episode Summary: In this episode of Navigating an Abundant Retirement Radio , Carol Dewey discusses the critical differences between controllability and responsibility in retirement. She explores how the modern retiree must navigate the shift from government and employer-sponsored retirement models to a more personalized responsibility for retirement security. Carol introduces the concept of being...

Episode Summary: In this episode of Navigating Abundant Retirement Radio, Carol Dewey from Perpetual Wealth Financial dives into the implications of the Tax Cuts and Jobs Act of 2017 and its potential expiration at the end of 2025. Carol discusses the major tax changes introduced by the Act, including adjustments to tax brackets, the standard deduction, and estate tax exemptions. She also explores...

Episode Summary: In this episode of Navigating Abundant Retirement Radio, host Carol Dewey delves into the importance of having a comprehensive, integrated wealth plan that evolves with changing circumstances and tax laws. She highlights the necessity of regular updates and strategic planning to maintain and grow wealth, sharing insights from Warren Buffet's wealth management philosophy. Carol als...

Episode Summary: In this episode of Navigating an Abundant Retirement Radio, Carol Dewey delves into the intricacies of maximizing your Social Security benefits. She covers essential strategies and key elements to help you harness the power of Social Security, ensuring a more financially secure retirement. Carol also explores spousal, ex-spousal, and survivor benefits, as well as the impact of wor...

Episode Summary: In this episode of Navigating an Abundant Retirement Radio, Carol Dewey discusses the concept of "Achilles choice" and reveals the number one key to a successful retirement. She emphasizes the importance of having a clear vision of the life you want to live in retirement and the legacy you want to leave. Carol shares insights on regret minimization, the significance of having a we...

Episode Summary: In this episode of Navigating an Abundant Retirement Radio, host Carol Dewey from Perpetual Wealth Financial discusses the importance of rainy day protection and how to prepare for unexpected financial challenges, particularly in retirement. She delves into strategies like long-term care insurance, emergency funds, and common financial mistakes to avoid. Key Takeaways: Rainy Day P...

Episode Summary: In this episode of Navigating an Abundant Retirement Radio, Carol Dewey continues the discussion on the 12 little-known wealth myths, focusing on the final three myths and offering valuable insights and advice. Carol shares the inspiring story of Jim Rohn and his journey from losing his fortune to rebuilding it, emphasizing the importance of strategic planning and seeking smart ad...

In this episode of Navigating an Abundant Retirement, host Carol Dewey continues the discussion on the 12 little-known wealth myths. In part two, Carol explores myths seven through nine, shedding light on how these misconceptions can negatively impact retirement planning. She emphasizes the importance of understanding these myths to avoid costly mistakes and outlines a path to a 120% retirement li...

In this episode of Navigating an Abundant Retirement Radio, Carol Dewey discusses the first six myths out of twelve that can affect your retirement planning. She explores common misconceptions about wealth and retirement, illustrating how these myths can impact your financial security and freedom. Carol shares personal stories and real-world examples to emphasize the importance of comprehensive pl...

In this episode of Navigating an Abundant Retirement Radio , host Carol Dewey delves into the potential impact of the 2024 presidential election on finances. Drawing on data and historical trends, Carol addresses common concerns and misconceptions about how election outcomes may affect investment portfolios and retirement plans. While acknowledging widespread anxiety among investors, Carol emphasi...

Episode Summary: On this episode of Navigating an Abundant Retirement Radio, host Carol Dewey delves into the intricate financial concerns faced by many, including millionaires. In the Retire Abundantly series debut, she explores the evolving landscape of financial security amidst economic, financial, and political shifts, offering insights and strategies for ensuring a prosperous retirement. Key...

In this episode of "Navigating an Abundant Retirement," host Carol Dewey dives into the crucial topic of Roth conversions. Join us as we explore whether a Roth conversion is the right financial move for your retirement strategy. Don't miss this episode of "Navigating an Abundant Retirement" if you're looking to make informed decisions about Roth conversions and maximize the potential of your retir...

In this episode of Navigating Abundant Retirement radio. Carol Dewey talks about how TODAY’S ECONOMY MIGHT IMPACT YOUR RETIREMENT. If you’re retired (or close to it), you might feel overwhelmed hearing about all the things that could affect the retirement you’ve worked so hard for. So in this show, Carol will discuss how you can take charge of your retirement! We’ll cover how an appropriate retire...

In this episode of "Navigating Abundant Retirement," your host, Carol Dewey, delves into the critical topic of how taxes can impact your retirement dreams. She challenges common misconceptions and invites you to ponder the following pivotal question: "How Taxes Can Impact Your Retirement Dreams: The Power of When" Carol explores the timing and strategies related to taxation during retirement, shed...

In this episode, Carol Dewey discusses the importance of estate planning for a secure retirement. She shares her own experience after her mother's passing, highlighting the value of having affairs in order. Carol emphasizes the significance of addressing estate planning to alleviate stress during emotional times. Carol also features Barry Haimo of Haimo Law, an expert in estate and business planni...

Welcome back to Navigating an Abundant Retirement Radio. This week, Carol discusses how business owners invest for guaranteed growth and generational wealth. This podcast episode is for business owners who insist that their money and investments empower them — not rob them or hold them back. Main Points: Investing in Yourself and Your Business: Business owners should focus on investments that empo...

In this episode, Carol Dewey interviews Soli Rodriguez, an Estate Planning Attorney with expertise in Estate Planning, Probate, Business, and Real Estate Law. Soli is a bilingual attorney, fluent in both Spanish and English, and holds licenses in Puerto Rico and Florida, including admission to the Southern District Court of Florida. In this insightful conversation, Soli shares their extensive expe...

In this episode, Carol explores the impact of artificial intelligence (AI) on investment insights. Here are the key takeaways: AI Defined: AI refers to computer systems that mimic human intelligence by analyzing large datasets to solve problems. Narrow AI vs. General AI: Narrow AI focuses on specific tasks and provides singular answers based on past data. General AI aims to replicate human thought...

In this episode of Navigating an Abundant Retirement Radio, host Carol Dewey discusses the debt ceiling, upcoming deadlines, and investment insights. Understanding the debt ceiling is important, and Carol aims to provide a better understanding of it and share thoughts on how to navigate the situation. The Debt Ceiling: What is it? The debt ceiling is the limit on the amount of money the US governm...

Key Takeaways: A recent study reveals seven financial decisions older investors regret not making to better prepare for the future. Being aware of these regrets can help us avoid similar decisions today that may impact our financial security later in life. Many of these regrets center around retirement and the need for more savings due to longer life expectancies. In this episode, Carol shares the...

Welcome back to Navigating an Abundant Retirement Radio! This week, we'll be talking about the common mistakes that people make when rolling over their 401(k) and how to avoid them. You probably have at least one traditional retirement account, such as a 401(k), 403(b), or IRA. The tax treatment of traditional retirement accounts is the key difference between these accounts and regular ones. With...

In this episode, Carol delves into the risks and benefits of a federal digital currency, particularly the issue of centralized government control of banks. Carol starts by defining the problem at hand and outlining the effects that a federal digital currency could bring, including government surveillance of purchases, real-time tracking of payments, digital ledgers on phones, and centralized gover...

In this podcast episode, the Carol discusses the recent failure of Silicon Valley Bank and whether people's money is safe in banks and insurance companies. Carol mentions that if you have less than $250,000 in your bank account, you have nothing to worry about because the US government insures the first $250,000 in eligible accounts. However, many Silicon Valley Bank customers had more than $250,0...

On this episode of Navigating an Abundant Retirement Radio, host Carol Dewey shares her passion for legacy planning and how it goes beyond just leaving assets behind. She tells the story of her family's legacy, including the success and eventual downfall of her great, great, great grandfather's print and book binding business. Carol emphasizes the importance of communication and planning in order...

Welcome back to Navigating an Abundant Retirement Radio. This week we are going to talk about economic conditions, why I believe the 60/40 portfolio is dead, and what you can do to be in a better position to take advantage of times like what we are experiencing today. Mentioned in this Episode Perspective on US Government Debt 73% Inflation in Turkey The Federal Reserve Medical Care The Hidden Age...