Success in the New Retirement

Damon and Matt got a call from a radio listener who received an  inheritance. She needed guidance on where to put this large lump sum because she didn't feel like a bank is safe. She was worried about someone hacking into her account. They detail if a bank is still a safe choice and other options if you get an inheritance. Plus, Congress is coming after your IRA's. Damon and Matt explain ways to g...

On this episode Damon and Matt discuss how some people like to handle retirement planning on their own, but there needs to be a point where you become emotionally detached and let someone with an unbiased view step in. Also, when you do come in for an appointment, what happens? Damon and Matt detail the expectations from both parties on that first meeting.  For more information or to schedule a co...

25% of adults admit they are LOSING SLEEP over retirement fears. Damon and Matt help calm fears over retirement anxiety. Plus, the average age of a new client is rapidly changing with people getting educated about their finances at a younger age. What's causing the shift? Finally, is it already time to start thinking about 2022 taxes?! Yes. Yes it is.  For more information about Acute Wealth Advis...

Once again COVID is dominating the news cycle and people are concerned if we are about to suffer another lockdown or economic shift. Damon and Matt discuss how the markets have reacted so far and if it's time to make an emergency financial COVID plan. Plus, in retirement should we rely on benchmark goals? Or is it not fair to compare your success to someone else.  For more information or to schedu...

They call it the retirement “sweet spot.”  Is the time after you retire but before you have to start taking RMDs. That’s when you have more flexibility to control your retirement taxes .  Damon and Matt discuss some of the things we could do now that might also help us manage those tax obligations that come later. Plus, what time of the year is best to retire? Early? Summer? The holidays? Damon an...

Damon and Matt work with many types of personalities and a lot of our listeners will probably fit into one of these categories. Are you the Gambler? The Ostrich? Maybe the Model Citizen? If this is your personality and you want more information or to schedule a consultation with Acute Wealth Advisors, visit www.successinthenewretirement.com   See omnystudio.com/listener for privacy information.

Research shows that many retirees are spending a lot less than they could be. Some think it's because they are afraid to spend their nest egg, but living your best life in retirement should be the goal? Damon and Matt detail how to relax in retirement knowing you still have a paycheck coming in. Plus record low interest rates sound like a good thing, but are they hurting your retirement plans? For...

Feels like we spend every week talking about inflation and for the 4th month in a row, inflation continues to rise. Inflation affects our daily buying power but are we making a bigger deal about inflation that we should be? Plus, even if you are confident in your retirement plans, there are still benefits to having an advisor.  For more information on Acute Wealth Advisors or to Schedule an appoin...

What's on your mind? We ask Damon and Matt to detail why people are reaching out to Acute Wealth Advisors this week. Is it inflation? Taxes? Mid-year check ups? What's top of mind to the community? Plus, what's your financial personality? Are you the Victim? Or are you the Ostrich?  For more information on Acute Wealth Advisors or to schedule and appointment, visit www.successinthenewretirement.co...

A new poll revealed the best and worst states to call home for retirement. The top 3 are not surprising but Matt Deaton disagrees with the bottom 5. Plus, why is Arizona a solid choice to call home in retirement. Also, Damon and Matt discuss the importance of a mid-year retirement check up and if they are necessary if you are happy with your portfolio.  For more information on Acute Wealth Advisor...

This week Damon and Matt discuss the first move you should make if you win the lottery or come into an inheritance. Plus, the one big part of coming into a lot cash that most people are not prepared for (and no, it's not the new family members just found).  Plus, what's a retirement check up? Is it like going to the doctor? Is it even necessary if you already have an advisor? For more information...

We've heard of a Financial Advisor. We've heard of a Retirement Advisor. Is there a difference? Should we look for one over the other and most importantly, which is better suited to prepare us for a successful retirement? Plus, why is it so hard to make that first call? Damon and Matt discuss what they hear from clients on why it's so difficult to reach out for that initial meeting.  For more info...

This week Damon and Matt discuss the reality that while most of us believe we are taking the right steps towards a happy retirement, there are still plenty of mistakes we can easily fix. They offer some of the simple steps you can take now to help secure a stress free retirement later.  For more information or to schedule a consultation with the team at Acute Wealth Advisors, visit www.successinth...

A Bloomberg survey reveals that a majority of millennials would quit a job if their employer would not consider work from home options. Most cite saving money on travel, childcare and being away from pets as the main reasoning for wanting to work from home. Damon and Matt discuss the pros and cons as a small business owner of having your staff in office vs. at home.  For more information on Acute...

Damon and Matt discuss the direction an advisor needs to take when managing multi millionaires. They explain how someone making $100k is handled much the same way as the ultra rich. Matt talks about the process with the 1% is actually much harder not because of how much they have, but because how many people come looking for a handout. An athlete or celebrity needs more people to manage not just t...

Coming off Fathers Day 2021 Damon and Matt discuss the advice they received growing up from Dad. Not just life advice, but what was the best financial advice they still use and pass on to their kids.    For more information on Acute Wealth Advisors or to schedule a consultation, visit www.successinthenewretirement.com  See omnystudio.com/listener for privacy information.

A common income planning tool is to help "replace your paycheck in retirement!" But is that honestly possible? Damon and Matt detail how yes it can be done and they offer tips on how you can start the process now. Plus, the biggest fear in retirement is running out of money. What about retirees not spending enough and having too much money in retirement? Damon and Matt explain why it's more common...

The Biden Administration is proposing a new Capital Gains tax that could affect you before you can even do anything about it. Damon and Matt detail ways to prepare for all tax hikes not just now, but well into retirement. Plus, what is your financial behavior? Are you reacting or overreacting to tax issues in retirement? How can you spend now to save later? What about charities? Damon and Matt det...

Healthcare and Long Term Care are not fun to think about when discussing your fun retirement plans. However, healthcare is often overlooked and many times is the biggest retirement expense. Damon and Matt detail the importance of having a healthcare plan in your retirement portfolio.  For more information on Acute Wealth Advisors or to schedule a consultation, visit www.successinthenewretirement.c...

This week Damon and Matt discuss the most commonly "Google'd" retirement questions. Some financial questions can easily be found online, but many need a deeper dive. That's why Damon and Matt like to remind clients that Google can't ask you questions back. That's why its important to talk to someone who knows the business.  For more information on Acute Wealth or to schedule a consultation, visit...

This week Damon and Matt discuss the importance of married couples being on the same page financially. Most couples do not have the same goals and unfortunately money causes more divorces than anything else. Plus, what happens when you get a portfolio analysis from Damon and Matt.  For more information about Acute Wealth Advisors or to schedule a consultation, visit www.successinthenewretirement.c...

Nationwide did a survey of those already in retirement to find out their biggest financial regrets. The most common answer is not "save more" or "spend more before retirement", the #1 answer is something you can fix TODAY.  For more information on Acute Wealth Advisors or to schedule an appointment, visit www.successinthenewretirement.com  See omnystudio.com/listener for privacy information.

Mike Canet from Pro Status Financial Advisors Group has a Master Degree in Taxation and joins Matt and Damon to discuss the new Biden tax plan. Needless to say, Mike is not a fan of what the proposed changes could mean to your retirement plans. They break down how "stepped up basis" will affect your Legacy Plan and if the promise that only high income earners will be affected the most is truthful...

President Biden planning another Trillion Dollar spending plan that eliminates Stepped Up Basis at death. Damon and Matt explain how this will impact anyone who has built wealth in non-qualified models or in real estate. Plus, how too many jobs and not enough employees is affecting inflation.  For more information on Acute Wealth Advisors or to schedule an appointment, visit www.successinthenewret...

Cryptocurrency continues to be a hot topic with multiple investment opportunities. Damon and Matt define how the digital currency works and more importantly, is it worth a second look or is it just an extended hot trend? For more information on Acute Wealth Advisors or to schedule a consultation, visit www.successinthenewretirement.com   See omnystudio.com/listener for privacy information.