Providence Financial Retirement Show with Anthony Saccaro

Now that we have some official clarity as to who the president is and which party will control Congress, what are the possible impacts on the economy, the stock market, and your retirement? Those are the questions that Anthony discusses in this episode. If you're confused as to why the market continues to hit record highs despite the change of administration, you'll want to tune into this show as...

Are you concerned about the political environment, the economy, the stock market, and your retirement? The country is more divided and there are many businesses that are struggling to survive and yet the stock market continues to hit record highs. And many people are wondering why? If you're among those who are confused and don't know what to do, you'll want to listen to this show as Anthony share...

If you're retired and invested for growth, you may be cannibalizing your portfolio to get the cash flow you need every month. Should you really be taking that risk, especially if you don't have to? Take a listen as Anthony discusses this potentially perilous scenario.

In this episode, Anthony shares three different asset classes that can be used to increase the yield in your portfolio while still being conservative. If you want to learn how to increase your yield while minimizing your risk, take a listen to this show.

Most investors have heard the term "growth stock" and "value stock" but have no idea what the difference is. And, does it really matter? You bet it does! Why because a value stock may actually be a value trap and not a good deal at all, even though it has a high yield. If you want to know what the difference is and how yields are affected, you'll want to listen to this show.

Should you be invested for growth or for income? Or can you do both? In this episode, Anthony discusses how you can actually have your cake and eat it too! And in the process, he discusses the difference between stocks and bonds and receiving dividends as compared to receiving interest.

You can depend on some investments but others, not so much. The closer you get to retirement, the more you must be able to count on your investments. But what investments can you actually count on? Take a listen as Anthony answers this vital question.

Dollar cost averaging is a great way to save for retirement. But when most people actually retire, they stop. Why? Because they probably aren't aware that this well touted strategy is available even if you're not working. Take a listen to find out the strategies that Anthony uses for his clients that allows investors to continue to use this strategy through retirement.

In early 2020, the market dropped 37% in 37 days--the fast drop in the shortest period of time in U.S. history! And many investors and retirees got very uncomfortable very fast. And if you felt uncomfortable, it may be a sign that you are invested emotionally and not logically. And yet, emotional investing can be very dangerous and often leads to bad investment choices. How can you protect yoursel...

We talk a lot about investing for income with investments that yield between 4% - 8%. But what are these investments? What are the risks? These are the questions that Anthony answers as he takes you through a jet tour of the different income producing investments!

If you have never defined the purpose of your money, then how do you know if your investments are supporting it? Unfortunately, many retirees' investments are actually conflicting with their purpose and they don't even know it! Take a listen as Anthony helps you figure out what you want your money to do for you and how to tell if you're invested properly in light of your purpose.

In this episode, Anthony discusses how a living trust can help you avoid probate. Plus, you'll learn about other vital documents that are a critical part of your financial and estate plans.

The stock market has averaged over 6% annually over the last 20 years. So if you're only withdrawing 4% per year during that time, your portfolio will will have gotten bigger, right? Don't be so sure! During this episode, Anthony discusses the math behind investing for income and why a 4% yield may be better than a 6% total return! Take a listen to find out why!

As technology improves, most things tend to get better and more efficient over time. But it this true of the financial industry? Or has the financial services industry actually gotten worse? Take a listen as Anthony provides his insight while answering this question.

I'm patriotic and pay my fair share of tax but I don't pay a dime more than I'm required to! In this show, I discuss different ways that you may be able to save taxes over the long run. And there's a twist...because how you've been saving all these years may be dead wrong! Take a listen to find out why!

We all would like to think that the stock market will never crash again and that it will only be smooth sailing ahead. But we all know that this isn't likely. And if market calamity happens at the wrong time for you, it may cause you to not be able to retire, or to have to cut back on your lifestyle! In this episode, Saccaro talks about how you can position yourself so that you are protected regar...

What changes may occur under a Biden presidency? He is going to raise taxes, increase the social security income threshold, push for more stimulus and more. In this episode, Anthony discusses some of the major change you may see under President Biden.

It's not a far cry to say that 2020 is the most interesting year with the most changes that the world has seen. But with all of the changes comes opportunity. In this episode, Anthony discusses a tax strategy for those who are subject to required mandatory distributions that is only available in 2020. Once 2021 is ushered in, this strategy is gone! Take a listen to find out whether you may benefit...

The media is talking a lot about the V shaped recovery that the stock market has had since it's collapse in March because of Coronavirus. But what about a W shaped recovery? Is this possible? To find out, listen to this episode during which Anthony explains not only what a W shaped recovery is as well as what you can do to protect yourself should this happen again? (hint: the stock market has had...

If you haven't set up a retirement plan, then you can only guess as to what the outcome might be. Many retirees are flying  by the seat of their pants because they don't know how to properly set up a plan. If you want to be purposeful with your retirement and not let it happen accidentally, listen to this episode as Anthony discusses the four different types of planning you should do to have a suc...

Are you confused about the different types of financial advisors? There advisors who get paid commission and those who get paid a fee. Some advisors are generalists and some are specialists. Some work for a large firm and some are independent. How do you choose the right advisor to help you navigate your retirement? That is exactly what Anthony discusses in this episode. If you want to make sure y...

The volatility is back and some retirees are wondering whether this is like what happened in 2007 when the market dropped nearly 60%. In this episode, Anthony discusses whether this is true and what you need to be thinking if you're retired or going to be retiring soon.

Retirement is the most important and expensive purchase you'll ever make so you should protect it! Unfortunately, a single long term care event can wipe it out very quickly. Listen to this episode to find out how to protect yourself!

Would you ever set out on a road trip without knowing where you're going? Then why would you do that with your retirement? In this episode, Anthony explains why goal setting is so critical for having a successful retirement.

How many ways can inflation kill your retirement? In this episode, we talk about three (unexpected) ways that the silent killer can wreck your golden years and what you can do to protect yourself.