Strategic Planning Podcast

This USA Today article points out 3 murky issues that increase retirement planning’s degree of difficulty, especially in today’s economic climate. On this episode, we’ll breakdown the article to see if it’s worthwhile advice, if the murky issues are actually that threatening, and what you can do about all of it if you’re concerned. USA Today Article: https://www.usatoday.com/story/money/personalfi...

When it comes to your money, you might have several different voices in your head — maybe the voice of greed, or the voice of fear, and sometimes the voice of wisdom. Let’s look at some things we might hear from the voice of greed so you know how to recognize it when you hear it. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4...

After listening to today’s episode, you’ll never attend another baseball game with the family and look at it the same way. We’re going to show you how taking some of baseball’s most basic principles can also lead to financial success in your retirement portfolio. So, grab your peanuts and crackerjacks and let’s take the financial field. Show Links & Info: SPC Investing:  http://spcinvesting.com/ S...

Putting together a solid retirement plan isn’t just about dollars and cents. We need to determine what really matters to you. Values-based planning incorporated important factors in your life like family, career, charity, and more.  Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

There are certain things in life we just can’t predict. If we knew the answers to some of these questions, planning for retirement would sure be a lot easier. So let’s see how you go about constructing a plan that addresses the kinds of questions to which you can’t possibly know the answers. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Cal...

Time for a little fun on this episode. We’ll use some fill in the blank prompts to spark good discussion about relationships between advisors and their clients, the stock market, common planning mistakes, and much more! Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

In football, teams are extra careful not to make a mistake when they get within about 20 yards of scoring points (known as the Red Zone). They’ve typically worked hard to get to that point and don’t want to cost themselves by throwing an interception or fumbling the ball and giving it to the other team. On this episode, we’ll explore the financial equivalent of the Red Zone and discuss how you can...

To successfully complete a jigsaw puzzle, there are some strategies that you’ll want to keep in mind. And many of those same strategies apply to retirement planning. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

We talk about the performance of the market for the 3rd quarter of 2021. You might be surprised about how the numbers compare to the headlines. Staying the course is the challenge but having a plan can help. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

Sometimes it’s helpful to visualize complex topics to help make them easier to understand. On this episode, we’ll structure retirement planning in the form of a pyramid and work our way through each level. You’ll learn the elements that make up the foundation of a plan and which conversations build on top of that initial base. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A...

We see a lot of people who aren’t getting the kind of advice and service from their financial advisor that they should be. In a lot of cases, the advisor is only “managing the investments,” but not providing guidance in other areas. Let’s talk about some of the things that your advisor should be doing. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomi...

Have you heard someone say they’re risk averse? Do you know what it really means in the context of the financial world? We’ll explore this important buzzword on today’s show and explain why it’s so important to have a good grip on just how risk averse you are. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

Proverbs 16:18 says “Pride goes before destruction, a haughty spirit before a fall.” Let’s talk about some of the ways that pride might manifest itself in your financial planning in the form of overconfidence. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

Getting husbands and wives on the same page with their retirement plan can often be a challenge. Let’s talk about some of the things that couples often mess up. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

If you’ve ever ridden the subway in London, you’ve probably seen the “Mind the Gap” signs warning you to be aware of the gap between the train door and the station platform. Let’s talk today about minding the gaps in retirement planning. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

There’s an old quote that says, “Age is the price of wisdom.” Let’s talk about how that applies to the financial world. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

It’s time to peel back the curtain a little bit to learn about your financial advisor. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

Fire extinguishers, airbags in your car, and smoke alarms in your house are all examples of things in life that don’t really seem to matter until they’re the only thing that matters. On that rare occasion when you need one of those items, you’ll either be very glad that you have one, or really regretting the fact that you don’t. Let’s talk about some of the things in the financial world that don’t...

So much focus in the financial world revolves around accumulating money. There’s all sorts of advice, how- to guides and guardrails in place when it comes to saving and investing, but a lot less resources out there to help retirees navigate the period of time after retirement. This is known as decumulation, the spending down and managing of the assets you’ve accumulated through your life. And on t...

If you’re of the age that your mom and dad retired 20 or 30 years ago, the world was a much different place when they walked away from their paychecks. Let’s talk about how things are different now. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

At first glance, each of these statements seem like basic common sense that everyone agrees with. But when we look at the way people actually behave with their money, it seems that common sense is actually a bit uncommon. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

This week we share some email questions that have come in to the podcast. We'll discuss leaving a 401(k) behind to a child, future inflation rates, and considerations in regards to owning a rental property. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

To write the Chinese word for “crisis,” you combine elements of two different Chinese characters. One character means “danger” while the other one means “opportunity.” Translated into English, it means “opportunity riding on a dangerous wind.” Let’s discuss how some of these crises might actually be opportunities, depending on your situation and perspective. Show Links & Info: SPC Investing:  http...

Let’s talk about some of the areas of your financial life where you might be flirtin’ with disaster and don’t even know it. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

With March Madness just wrapping up and the NBA Playoffs around the corner, basketball is still on the mind for some people. What can we learn about retirement planning by exploring some concepts in the game of basketball? Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338