Strategic Planning Podcast

We talk all the time about how people need to give their dollars purpose or set goals for their retirement and even specifically for certain investments. But let’s dive deeper into what different goals look like for various folks approaching retirement. How do you determine if a goal is realistic or out of reach? We’ll tackle that conversation with plenty of examples on this episode. Show Links &...

Today's episode focuses on what basis points are and why it is important for you to understand this financial term. We also address an email question from Miles who asks if it is okay to work with multiple financial advisors. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

It’s always good to keep yourself up to date with what’s going on in the financial world. But it’s also important to understand that the information you get from the media isn’t completely unbiased. Let’s talk about some of the problems with the financial media... Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

The new year brings new changes with the passing of the SECURE Act. This week we will discuss the elimination of the stretch IRA and how it may affect your financial plan. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338  

There are some people who don’t care at all about leaving a financial legacy, but for those who do, it’s important to eliminate some of the common estate planning mistakes... Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

Sometimes people say they don’t want to retire...and sometimes they really mean it. Other times it’s just a defense mechanism to compensate for the fact that they feel like they can’t retire. So let’s explore some of the possible meanings behind the statement, “I don’t want to retire." Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336...

Not everything goes smoothly in your financial life. We’ll look at some negative circumstances that many retirees and pre-retirees face and help you find the silver lining in the midst of tough situations. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

With all of the things in the financial world that you can’t control, why would you sabotage your own retirement by messing up the things you can control? Let’s discuss some ways that people sabotage their own financial health. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

This week we touch on diversification not only in your portfolio but in your news sources. Too much of any one resource might have you thinking the sky is falling or that everything will be fine forever. The reality is somewhere in the middle. Join us to discuss. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

There are some important lessons that flying can teach us about retirement planning. There are surprisingly more common points than you may think. Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

Even for people who have been very responsible with their money over the years, entering retirement can still be a challenge because it’s such a different stage of life. Let’s talk about some of the missteps that even responsible savers can make... Show Links & Info: SPC Investing:  http://spcinvesting.com/ Schedule A Visit:  https://talkstomike.com/ Call: 336-668-4338

As we get into the 2nd half of 2019, there are several planning items you might want to run a quick checkup on. We continue to go through our checklist of items to consider as the year begins to wind down in this follow up conversation to last week's podcast.

As we get into the 2nd half of 2019, there are several planning items you might want to run a quick checkup on. Especially if you are retired, or planning to retire soon. Are you focusing on the right things? Listen to today’s podcast to find out.

Between wildfires, hurricanes, tornados and floods, there’s always a natural disaster making news headlines. And while life and limb aren’t at stake when it comes to your portfolio, experiencing a financial disaster can still have a catastrophic effect on your life in retirement. Let’s discuss some portfolio disasters that we’ve seen and how to avoid them

“Financial Security” might mean different things to different people, but for nearly everyone, making sure that they achieve their own definition of security is the most important part of their retirement plan. So, how do you define financial security? On today’s show, we’ll cover some of the popular responses we hear from clients during the planning process.

We've got a variety of topics lined up for today. To start things off, we'll dive into some news headlines, including Brexit updates, a recent Goldman Sachs economist prediction, and recent tech company IPOs. We'll round things out with a story from Mike about a time he recommended a particular strategy to a client that he normally would not recommend.

The term “fake news” has become synonymous with the political climate of the past few years. But the phenomenon has spread to other parts of our culture as well. What about fake news in the financial space? We’ll look at some recent news headlines to see if they qualify to be labeled as “fake news”.

Hopefully your famous last words in life won’t be “Hey y’all, watch this!” And in the financial world, there’s quite a few phrases that you don’t want to be your famous last words either...

We take a look into the retail brick-and-mortar landscape in this week's news headlines. And later, we'll answer a few email questions from our listeners about investing in foreign currencies and preparing for a down market.

Let’s discuss a few examples where following conventional wisdom might lead you astray.

This week we'll tackle our first round of listener questions. We'll discuss how to decide on the right type of life insurance policy to purchase, as well as how difficult it is to roll over a 401(k) on your own.

We continue on with our conversation about the financial junk drawer, so let’s talk more about some of the things that end up there and how they might be put to better use.

Most people have a junk drawer at home. It usually contains things like rubber bands, clothespins, highlighters, glue sticks, a tape measure, a label maker, and a pair of scissors. But most people have a financial junk drawer too. Let’s talk about some of the things that end up there and how they might be put to better use.

The Strategic Planning Podcast with Mike Flanders is coming soon. Listen to this quick preview of what to expect. The first episode goes live on March 21st, 2019. Don't forget to subscribe to the show using your favorite podcasting app.