Purpose Driven Retirement Podcast

A new survey finds many Americans aren't sure about the status of Social Security and whether they can count on it being there for them in retirement. Pat and Jesse discuss this issue and why planning can result in the best way for folks to optimize their Social Security benefits. Melody joins them in the second half of the show for another look at Medicare Open Enrollment before the signing perio...

According to a recent study, most Americans don't understand basic facts surrounding probate, which could complicate matters when putting together an estate plan. Pat and Jesse take a look at this study and present the basic facts about the process and how it could cost you a lot if things are not planned properly. Melody joins Pat in the second half of the show to talk about the upcoming Medicare...

Millennials stand to become the wealthiest generation in history when they receive inherited money from their parents, the baby boomers, who are retiring now. Pat and Jesse look at how this group of people can benefit from this wealth, and ways it can be passed to them in the most efficient way possible, especially regarding taxes. In the second part of the podcast, Pat joins Melody Schwoerer to t...

Pat and Jesse discuss the up and coming group of retirees at the end of the Baby Boomer generation, and the beginning of the Generation X group just starting to retire, and what needs to occur for each to get their plans ready. Melody joins Pat in the second portion of the show to answer listener questions. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with...

It's coming next month - Medicare Open Enrollment. In this episode, Jesse and Melody discuss changes to the program for 2025, and what to expect if you need to make changes to your plan. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Couture and Jesse Becker, financial advisors with Keystone, an Eau Claire, Wisconsin based firm. The program takes a l...

It's not what you make, it's what you keep that counts, and in retirement that is even more true. In this episode, Jesse and Melody discuss ways you can use your retirement nest egg to produce the income you need to make retirement work for you. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Couture and Jesse Becker, financial advisors with Keystone,...

It's getting nearer to that time again - Medicare Open Enrollment is coming in just a few weeks. On this podcast, Jesse and Keystone insurance professional Melody Schwoerer, who is also Jesse's sister, take you through some of the complex steps Medicare holds for new participants, and how you can make sure you get the plan that meets your needs. The Purpose Driven Retirement Podcast is the podcast...

Everyone wants more money in retirement, not less. Today Pat and Jesse take a look at what people with large retirement portfolios need to be aware of when planning for their retirement, especially when it comes to taxes. They also look at the econmic impact of the Olympic games in recent years, not just the one just concluded in Paris, and how these games may not be all they are cracked up to be...

The very first wave of so-called Generation X people are pulling the trigger on retirement. What do they need to do? Today Pat goes over some of the things they need to think about when they hit age 59 1/2, the age at which they can start to draw out money from retirement accounts without penalty, as well as looking further down the road to make sure they plan their retirements with taxes and othe...

Are you covered for the possibility of long term care expenses? Many people aren't, but in the event it becomes necessary, the cost can bankrupt anyone who isn't prepared. Today Pat goes over some strategies to help pay for these astronomically high costs for those who might need to find it necessary. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Co...

Putting a retirement plan together can be like solving a puzzle - put the right pieces together and it fits. In this episode, Pat and Jesse discuss how to find the right pieces for any specific individual or couple, then put them in a plan that will fit the needs of that person or couple for their particular retirement. The Purpose Driven Retirement Podcast is the podcast version of the weekly rad...

We just passed the Independence Day holiday - so why not celebrate your own financial independence? In this episode, Pat and Jesse discuss things people can do to work their way towards a retirement where their financial needs are met at every stage. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Couture and Jesse Becker, financial advisors with Keys...

Everyone needs a certain amount of retirement income that is guaranteed and protected to cover daily fixed expenses. This could include Social Security and a pension for those who have one. But what about other ways this can be accomplished? Pat and Jesse discuss strategies available for folks who need to cover a potential income gap so they can live the lifestyle they desire. The Purpose Driven R...

This is the first podcast with new host Danielle J. Martin. She, along with Pat and Jesse, discuss the four big questions people have about retirement planning - when can they retire, have they saved enough, will their money last, and will loved ones be okay if something happens.  The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Couture and Jesse Becke...

Due to the sunset clause in the Tax Cuts and Jobs Act of 2017, federal tax rates will go up at the end of 2025, even if Congress does nothing. In this episode, Pat and Jesse discuss how tax planning can help you pay less in federal taxes in future years by paying them now at lower rates, potentially saving you thousands of dollars in the long run.  The Purpose Driven Retirement Podcast is the podc...

Experts are divided as to whether a recession is on the horizon. Pat and Jesse discuss this subject and take a look at how to be prepared with a plan whether one may or may not occur. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Couture and Jesse Becker, financial advisors with Keystone, an Eau Claire, Wisconsin based firm. The program takes a look...

Life insurance can be a useful planning tool when it comes to retirement. Today Pat and Jesse discuss the various ways it can be used for this purpose, including adminstering a LIRP, or life insurance retirement plan, which uses universal and whole life policies if they meet the needs of a particular individual's situation. The Purpose Driven Retirement Podcast is the podcast version of the weekly...

A recent article in Bloomberg showed the current record borrowing by the U.S. government is on what they termed "an unsustainable path" in 88% of the simulations run by their testing. Pat and Jesse discuss this debt and how servicing it by interest payments is consuming more and more of the revenue being brought itto Uncle Sam's coffers. The Purpose Driven Retirement Podcast is the podcast version...

Taxes are on everyone's minds nowadays, and why not? A lot of retirement next egg money is contained in tax deferred accounts which people need to shell out to Uncle Sam from. Pat and Jesse discuss ways of proper tax planning which can help reduce the total amount you may owe the government. They also look at a proposal to possibly eliminate the so-called "back door Roth" conversion strategy for h...

The U.S. national debt is, as of this publishing, $34 trillion and growing. It is presumed that taxes will be going up in the near future in hopes of trying to cut into this debt, not to mention funding future liabilities to programs such as Medicare and Social Security. Today Pat and Jesse explore the prospect of higher taxes, and what proper planning can do so that your fair share is legally low...

We all go through spring cleaning around the house - so why not spring cleaning for your financial situation? Today Pat and Jesse discuss items you can take care of, such as updating your goals, reviewing bills and subscriptions to weed out things you aren't using, and more. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Couture and Jesse Becker, fin...

A recent survey showed that a majority of Americans ages 55-65 either failed or barely passed a true-false quiz on Social Security. In this episode, Pat and Jesse go over some of the questions included in this survey and give you the correct information on this popular program and how to use it to get the most from your benefits. The Purpose Driven Retirement Podcast is the podcast version of the...

This is the last group from the so-called Baby Boomer generation to hit retirement age, and they face a particular group of challenges related to market downturns in recent decades cutting into their retirement savings, especially in 2008 and 2020. Pat and Jesse discuss how these soon-to-be retirees can use certain strategies to help plan their retirements with the nest egg savings they have avail...

Pat and Jesse go over some of the top concerns people have about retirement this year, including increasing Medicare premiums, if pensions are making a comeback and potential relocation sites for retirement. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Couture and Jesse Becker, financial advisors with Keystone, an Eau Claire, Wisconsin based firm....

Today Pat and Jesse go over some of the top concerns people have about retirement for 2024, including increasing Medicare premiums, if pensions are making a comeback, potential retirement relocation sites, and more. The Purpose Driven Retirement Podcast is the podcast version of the weekly radio show with Pat Couture and Jesse Becker, financial advisors with Keystone, an Eau Claire, Wisconsin base...