Strategic Planning Podcast

If you understand some of the dirty little secrets of the financial world, it’ll help you cut through the clutter and allow you to focus on what’s most important. So, let’s reveal some of those secrets in this episode. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

We often see people making certain assumptions about retirement that just aren’t correct. Let’s explore some of those on today's show. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

A recent survey found that nearly half of the female respondents said they defer major financial and investment decisions to their spouses. Most of the explanations amounted to just wanting to stick their heads in the sand. On this episode, let’s go over some tips for how women can get back in the game when it comes to involvement in the process of making financial decisions. Show Links & Info: SP...

You probably heard all about GameStop stock and buzzwords like short squeeze, Reddit’s Wall Street Bets, and hedge funds the last week of January. But what really happened that had all of the financial media world stirred up and Alexandria Ocasio-Cortez and Donald Trump Jr. actually agreeing about something? We’ll seek to explain what happened and cover some lessons learned from the events. Show L...

Recently, Elon Musk became the richest person in the world, surpassing the likes of Jeff Bezos and Bill Gates. What's even more notable is Musk's net worth took a 9 billion dollar hit in one day when Tesla's stock plummeted. Despite this setback, Musk has still managed to come out on top and is for now the richest person on the planet. Mike shares his thoughts on this story and will also answer a...

If you don’t know the answer to the question, then this episode is for you. On this episode, we’ll explore the three qualities of money, discuss whether you can achieve them in a single investment, and how to put the right emphasis on the different qualities. It’s really quite basic, but understanding these fundamentals can make an enormous difference in your financial life. Show Links & Info: SPC...

Let’s see what lessons can be learned from the most famous market crashes in United States history. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

Want to grade your preparedness for retirement? Here are five key questions you need to ask yourself. Your answers will help determine how ready you are for retirement. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

If you look up quotes about diversification from famous investors, you might come across one from renowned investor Warren Buffet that will certainly raise your eyebrows. It goes, “Diversification is protection against ignorance. It makes little sense if you know what you are doing.” Yet, we’ve always heard about diversification being one of the keys to success for retirement planning. How can the...

Earlier this year, we had the passing of the SECURE Act. Now there is talk about a SECURE Act 2.0. We discuss the different components that are being proposed and how it may affect you down the road. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

There are plenty of financial lessons to be learned from almost every area of life. And since the Weather Channel is everyone’s favorite station to let play in the background for hours at a time, let’s see what we can learn about retirement planning from the world of weather. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

On this episode, we present you with five commandments that are worth of being written on stone tablets in your retirement plan. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

We get a lot of questions about how the house (or houses) fit into retirement plans. From downsizing to rental properties to interest rates, let’s explore some of the top retirement questions as it relates to all things housing. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

We have recently been receiving many questions about LTC and not just how to get coverage but actually getting help, care and assistance when we need it. As we age this gets tougher and for many who lost a spouse or are single there is added worry on how to protect and care for ourselves. This week, Mike addresses some of the things that have been coming up lately with many friends, clients and co...

Living a long time isn’t supposed to be a bad thing and it almost seems counterintuitive to categorize it as a risk. But it is. Let’s take a look at how longevity plays a role in a financial plan and have an honest conversation about how deal with the “problem” of living too long. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-...

Many financial issues impact us all the same. But, of course, other challenges have varying impacts from person to person because our situations are all unique. Let’s take a look at some of the financial and retirement challenges that are unique to women. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

A recent USA Today article outlined 4 financial milestones that should indicate you’re ready for retirement if you hit them. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

We were playing the dangerous game of perusing the comments section of a recent article about COVID-19 and the impacts on retirees and how much money you’ll need to retire going forward. The trip into the comments section is always a mixed bag of trolling, inaccuracies, and sometimes surprisingly helpful insight from what we’ve come to describe as “Keyboard Warriors.” Show Links & Info: SPC Invest...

Step into the classroom and let’s take a look at some financial terms, define them, and find out if they’re important for the typical investor and saver to know about them. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

People are always studying geniuses and highly intelligent people, trying to get an understanding of what makes them tick. Let’s look at some of the common characteristics of highly intelligent people that you should apply to your financial life. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

Let’s talk about some financial planning “strategies” that don’t really work (even though some people, even some financial advisors, believe in them). Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

The Coronavirus pandemic has likely led to you hearing a lot more financial buzzwords and it’s possible you aren’t familiar with some of the terms getting thrown around. Let’s take a look at some of the most popular ones and see what we can learn from them. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

In wake of the financial impacts COVID-19 has had on the economy, Congress just passed a bill call the CARES Act. We talk about the main points of this bill and how it could possibly benefit you and your family. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

A lot of things in the financial landscape have an “it depends” resolution. It can be frustrating when things are so fluid and vary person to person. So, let’s discuss some financial truths that we can state with confidence and see what we can learn from them. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

At the time of this podcast recording, 3/9/2020, the market dropped pretty significantly. We discuss why this is happening and why a plan is key in order to sustain big drops when they do occur. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338