Red Zone Retirement Planning

In this episode of the Money Mastery Unleashed podcast, host Adam Olson dives into the principles from his first book, "21 Things You Need to Know About Money," with the special participation of his wife Katie Olson. Together, they explore their personal journey of financial preparation and the significant milestones they reached before having children. They discuss the importance of bei...

In today's episode of the Money Mastery Unleashed podcast, Adam Olson dives into the powerful concepts of the law of process and compound interest, blending insights from John Maxwell's "21 Irrefutable Laws of Leadership" with principles from his own book, "21 Things You Need to Know About Money." Adam illustrates how consistent daily efforts and long-term financial inv...

Welcome back to the Money Mastery Unleashed podcast! This is Adam Olson and in today’s episode, “Countdown to Retirement - Navigating the 10 Years Before Retirement,” I’ll guide you through the crucial steps to take during the decade leading up to your retirement. Drawing from my book, The Red Zone Retirement Plan , I’ll outline seven key strategies to ensure a happy and successful retirement. Key...

In the latest episode of the Money Mastery Unleashed podcast, host Adam Olson, a certified financial advisor, presents a concise Sunday short episode, blending financial wisdom with leadership principles. Drawing from John Maxwell's "21 Irrefutable Laws of Leadership," Adam explores the "Law of the Lid," emphasizing how a leader's ability caps their overall effectivenes...

Welcome to the Money Mastery Unleashed podcast, hosted by certified financial advisor Adam Olson. This episode features a special guest appearance on StoryTime with Stephanie, where Adam shares insights from his two books, "21 Things You Need to Know About Money" and "What’s Your Plan? A Financial Guide to Developing Your Ideal Retirement." Adam, a seasoned financial planner wi...

Welcome to the Money Mastery Unleashed podcast with your host and certified financial advisor, Adam Olson. In today's Sunday short episode, Adam dives into the law of influence, inspired by John Maxwell's "21 Irrefutable Laws of Leadership" and the Bible. Adam emphasizes that everyone is a leader, highlighting both positive and negative influences through biblical stories like Ev...

In this episode of the Money Mastery Unleashed podcast, certified financial advisor Adam Olson dives into the intricacies of tax deferral with special guest Luke Terhark, another advisor from Mutual of Omaha. This episode explores the benefits of cash balance plans, a powerful retirement tool for high-income earners and business owners. Luke, who is based in Des Moines, Iowa, shares his journey in...

In this Sunday short episode of Money Mastery Unleashed, host Adam Olson dives into the intersection of biblical principles and money management. Adam explores the topic of debt management and financial freedom, emphasizing the importance of using debt responsibly as a tool to enhance our financial lives. Citing scriptures from Psalms and Proverbs, he discusses the moral and practical implications...

Welcome to another episode of the Money Mastery Unleashed Podcast! I'm your host, Adam Olson, and today we're diving deep into crucial financial planning strategies from my latest book, "What's Your Plan?" Designed for those in midlife with a foundational understanding of finances, this episode guides you through creating your ideal retirement plan. We'll discuss the impo...

Welcome to the Money Mastery Unleashed podcast with your host, Adam Olson, a certified financial advisor dedicated to helping you create generational wealth, increase your net worth, and achieve your best financial life. In this Sunday short episode, Adam combines faith with financial wisdom, offering a unique perspective to start your week. Today's topic, "Filling the Void," explore...

Welcome to the Money Mastery Unleashed podcast! If you're aiming to create generational wealth, boost your net worth, and achieve your best financial life, this show is your ultimate guide. Today, host and certified financial advisor Adam Olson introduces the concept of the “Red Zone” in retirement planning, focusing on the critical 10 to 16 years surrounding your retirement. He explains the i...

In today's Sunday short episode of the Money Mastery Unleashed Podcast, host Adam Olson addresses the pervasive issue of financial stress and provides practical strategies to manage it. Highlighting a recent Bankrate survey, Adam shares that nearly half of US adults report financial stress negatively impacting their mental health, with inflation being the leading cause. He suggests tackling fi...

In this episode of the Money Mastery Unleashed podcast, host and certified financial advisor Adam Olson dives into the advantages and strategies associated with 529 plans, essential tools for educational savings. Adam begins by explaining the basics of 529 plans, emphasizing their flexibility and the tax benefits they offer. Listeners will learn about state-specific rules, tax deductions, and how...

Welcome to the Money Mastery Unleashed podcast, hosted by Adam Olson, where we dive into creating generational wealth, enhancing net worth, and achieving financial excellence. Today’s Sunday short episode blends biblical principles with financial wisdom. Adam explores three key principles of stewardship: acknowledging that all resources belong to God, the importance of generosity and giving, and b...

In today's episode of the Money Mastery Unleashed podcast, host and certified financial advisor Adam Olson dives into essential strategies for achieving financial success. Adam emphasizes the importance of creating a detailed financial plan as the foundation for managing personal finances. He discusses managing debt wisely, distinguishing between good debt like home loans and bad debt like car...

In today's episode of the Money Mastery Unleashed podcast, Adam Olson dives into the intersection of faith and finance in a concise Sunday short. He begins by emphasizing the importance of budgeting, using Luke 14 to illustrate the necessity of planning and calculating costs before making financial decisions. Adam addresses common pitfalls, such as underestimating long-term expenses, and provi...

In this episode of the Money Mastery Unleashed podcast, host Adam Olson welcomes attorney Alissa Baier, who specializes in estate planning, real estate transactions, civil litigation, and business entity formation. Alissa shares her journey from Creighton, Nebraska, through her education at UNL and the formation of her law firm. The conversation dives deep into the critical aspects of estate plann...

Welcome back to another episode of the Money Mastery Unleashed podcast. In this episode, we'll dive into the Parable of the Talents from Matthew 25, focusing on the themes of stewardship and responsibility. Adam challenges listeners to reflect on how they are utilizing the blessings and resources God has entrusted to them. He emphasizes the significant value of a talent, likened to approximate...

Welcome back to The Money Mastery Unleashed podcast. I'm your host, Adam Olson. In today's episode, we're tackling the crucial topic of navigating market volatility. It's easy to invest when markets are soaring, but the real test is maintaining your strategy during downturns. Today, I’ll share key strategies to keep your long-term financial goals on track, regardless of market cond...

Welcome to this week's Sunday Short, where we intertwine biblical teachings with financial wisdom and set a challenge for the week ahead. Today, we explore the story of Rebekah from Genesis 24:10-27 and draw valuable lessons on adding value to others. In this episode, we discuss how Abraham’s servant sought a spouse for Isaac by looking for someone who would add value. He found Rebekah, who we...

On this episode of the Money Mastery Unleashed podcast, Adam Olson, a certified financial advisor, breaks down Social Security and its role in retirement planning. He covers who is eligible, how benefits are calculated, and why it's crucial to include Social Security in your overall financial plan. Adam talks about when to claim benefits, how taxes affect them, and the future of the system. He...

In today's episode of the Money Mastery Unleashed podcast, host Adam Olson and Dr. Mark Stortvedt talk about how marriage and money are closely connected. Mark shares his personal experiences and advice, highlighting the importance of open communication, honesty, and being on the same page financially with your spouse. He emphasizes that couples need to address trust issues, manage finances to...

In the latest episode of the Money Mastery Unleashed podcast, host Adam Olson catches up with his childhood friend and real estate investor Derrick Reinhart. They reminisce about their early days before diving into Derrick's journey into real estate after college. Derrick shares how he started by browsing real estate listings during his free time at his desk job, leading to his first major pur...

In today's episode of the Money Mastery Unleashed podcast, Adam Olson explores three biblical principles about managing resources responsibly. He draws from Dave Ramsey's book, "The Legacy Journey", to stress that our wealth and possessions are gifts from God. Adam emphasizes the importance of generosity and being good stewards of what we've been given. Using scripture and pe...

In this episode of the Money Mastery Unleashed podcast, Adam Olson explores the benefits of Roth conversion strategies for IRA assets. He highlights ten reasons why it's advantageous, including tax-free retirement income, estate planning perks, managing healthcare costs, and avoiding higher tax brackets on distributions. Adam also discusses the flexibility for early retirement, liquidity for u...