Retire On Your Best Path with Liz Whitteberry

Another year is upon us and it’s a great time to ask yourself 10 questions to assess how ready you are for retirement to kick off 2023. If you’re retiring this year, it’s essential to have some concrete answers to these questions.  In this episode, Liz will share this 10-point checklist and explain how each item might impact your retirement. If you’re still a few years from the milestone, tune in...

Did you plan to retire in 2023, but now you’re second guessing if that’s a wise move given the bad year in the stock market in 2022 and an uncertain economy in the months ahead? You’re not alone if you’re reconsidering your original retirement date.  On this episode of Retire On Your Best Path, Liz will tell us about how these conversations are playing out in her office with clients and she’ll det...

Market volatility became the norm in 2022. The question investors are asking now is are we in for more of the same in 2023?  In this episode, we’ll talk about the market outlook for the next 12 months, plus share tips on how you can best prepare for potential future volatility. Here’s some of what you’ll learn in this episode:  ·      What predictions are the experts making for 2023? (1:46) ·     ...

Now that Congress just passed the Secure Act 2.0, we wanted to talk about what changes you can expect. Some of these provisions start now while others won’t be implemented for years. Either way, it is good to understand what is happening and keep these changes in mind for the future.   Here is some of what you'll learn in this episode: What is the Secure Act 2.0? (2:02) How RMDs have changed...

When you think of an estate plan, mansions and luxurious wealth may come to mind. You may be surprised to hear that, really, every person should have an estate plan regardless of their wealth status.  In this episode, we will explain how an estate plan is beneficial to everyone, as well as what mistakes to avoid.   Listen to this week’s show to learn more about: Do you need an estate plan, even if...

Is the 60-40 portfolio dead? The 60-40 portfolio has been used for many, many, years to diversify a person’s bonds and stock portfolio. Over the last few years, market changes, interest rates, and inflation have had people questioning the rule. So, today we will be taking a look at whether or not we should still be using it and what alternatives there are.   Listen to this week’s show to learn mor...

Today our goal is to help you gain a better understanding of bonds in retirement. The bond market is a hot mess right now, so we thought it would be a good time to clear up any misunderstandings you may have. In this episode, you will learn the ins and outs of bonds, from their absolute basics to the ways current interest rates are impacting them. If you need someone to help you determine if bonds...

What is your number? You know, that number you have had in mind that means retirement is on the horizon? For many people, that number is a million dollars, but that may be outdated thinking. With inflation so high, is a million dollars enough? In this episode, we will discuss what you need to know about choosing your number. Listen to this week’s show to learn more about: ·      Is a million dolla...

You may or not be a football fan, but we’re sure you’ll benefit from learning about the red zone in retirement. In the game of football, the red zone is the last 20 yards before you score. In retirement, the red zone is the last five years before you retire, and the five years after .  In this episode, we are going to break down that ten-year period. We will cover the steps you need to take, what...

Health Savings Accounts have become increasingly more popular over the last ten years, and rightfully so. They are an excellent resource to have as a retiree and we even joke that an HSA is a “Super Roth” ( Spoiler Alert: it’s triple tax-free ). In this episode, we will explain the exact tax advantages of an HSA. We will also show you how you can get the most out of your HSA as you approach retire...

As we mentioned in our last episode, Roth conversions have become a popular strategy and there are plenty of good reasons to do one. What about the reasons NOT to? In our last episode we went over reasons to do a Roth conversion, but today we will be going over reasons you may not want to do one. There are many tax-related factors that come into play when making this decision. We review some examp...

The Roth conversion is a planning strategy that’s picked up more and more interest in recent years. There are many reasons behind its rise in popularity, and now is a great time to have a discussion with your advisor about whether it might be right for you. No tool is for everyone, but there are plenty of reasons why you’ll want to do a Roth conversion. On this episode, we’re going to share five o...

You know about the many different types of risk that investors face but there’s one that might have a big impact on whether you run out of money in retirement that you might not know about.  What we want to focus on during this episode of the podcast is sequence of return risk, which refers to the uncertainty of the order in which you’ll get returns. The reason most people aren’t aware of this ris...

You’ve probably heard the concept of risk versus return but have you thought about how risk impacts everything in your retirement?  Today we want to discuss why risk isn’t just a key factor in your investing strategy, but it also touches many different aspects of your retirement. We’ll share our view of risk and the approach we take with clients to build a proper plan that not just provides them w...

Before we really hit the ground running into the financial and retirement topics that matter the most, we wanted to spend a few minutes laying the foundation for the podcast.  On this first episode, we’ll tell you a little more about our host, Liz Whitteberry, RMA®, CFA®, CIPM®, ChFC®, AIF®. From how she got her start in financial planning to what she hopes you get out of the podcast, we want you...