The Financial Answer with Nathan O’Bryant

We’re all dealing with the affects of the coronavirus to financial markets around the globe and it’s a challenge to keep up with all the news updates. We’ll try to bring all the key pieces of information as Nathan together on this episode as we head into the final week of March. Plus we’ll discuss what could be next and what type of rebound we could see.    Read more and get additional resources: ...

Are you worried about how coronavirus might impact the market or your financial plan? Let’s look at several past epidemics to see what the market has done historically.   Read more about the topic and get additional resources:  https://thefinancialanswer.com/podcasts/coronavirus-what-pandemics-often-do-to-the-market/     Today's show rundown:  1:25 - All pandemics affect the market. 3:19 - Coronav...

Whether you’re trying to build an estate plan or deciding how to invest an inheritance, there are some things you need to be aware of. Let’s look at inheritances from both sides and identify the common mistakes being made, how the SECURE Act changes planning, and Nathan’s own experience with inheritances.   Show notes and additional resources:  https://wp.me/paIiUZ-el     Today's rundown:  1:26 –...

How often do advisors see certain situations? Are you alone in your questions or are they common scenarios?   Show notes and additional resources:  https://wp.me/paIiUZ-ek     Today's rundown:  2:25 - In the News: Former Wells Fargo CEO John Stumpf to pay millions in fines. 3:38 - How we respond to the market recently taking a bit of a dip, in part with the Coronavirus. 5:16 - How often do people...

Are you right on the edge of taking RMDs and wondering what the recent changes due to the SECURE Act mean for you? We’ll explore the difference a few months could mean when it comes to taking RMDs under the new SECURE Act.   Show notes and additional resources:  https://thefinancialanswer.com/podcasts/understanding-the-secure-act-when-did-you-turn-70-5/     Today's rundown:  1:35 - The SECURE Act...

We’re already off to a busy start for 2020 and it doesn’t appear like the news will slow down anytime soon. Let’s look at the biggest anticipated storylines for this year and find out whether or not they will matter when it comes to your retirement planning.   Show notes and additional resources:  https://thefinancialanswer.com/podcasts/5-biggest-storylines-of-2020-will-they-matter-financially/  ...

You’ve made it through the holidays, laid out your new year resolutions, and now it’s time to check in on your retirement plan. January presents another opportunity to get your finances in order and we have a checklist of items to look into for 2020.   Show notes and additional resources: https://thefinancialanswer.com/podcasts/new-year-financial-checklist-for-2020/   Today's Rundown:  2:48 – Let’...

There are so many aspects of our financial life that we can’t control so why would we fail to take care of the things we can? Today we’re going to look at the mistakes people make that hurt their financial health and explain what you can do to avoid them.   Show Notes and Additional Resources: https://thefinancialanswer.com/podcasts/are-you-sabotaging-your-own-retirement-with-these-mistakes/   Tod...

What can you do if you feel a bit behind the curve when it comes to retirement planning? Is there still time for your retirement funds to blossom into the future you’re hoping for?   Show Notes and Additional Resources:  https://thefinancialanswer.com/podcasts/catching-up-as-a-late-bloomer-in-retirement/     Today's Rundown:  0:54 - What it means to be a late bloomer. 3:03 - Catch-up contributions...

When it comes to leaving behind a financial legacy, not everyone makes it a priority. Those that do, however, need to put an estate plan in place that ensures their assets transfer to the people they choose. Eliminating these common mistakes is an important step in making that happen.   Show notes:  https://thefinancialanswer.com/podcasts/critical-estate-planning-mistakes-you-need-to-avoid/     On...

We’re gearing up for one of the great holidays of the year by whetting your appetite with some Thanksgiving fun facts and trivia. In between those holiday nuggets we’ll take listener questions about investment options, Social Security, and tax returns.     Show Notes: https://thefinancialanswer.com/podcasts/turkey-day-special-with-listener-questions/   On This Episode:   0:38 – We’re ready to cele...

Whether you’ve been investing for decades or just starting out, there are things you shouldn’t do if you want to be successful. Let’s take a look at the mistakes you’ll commonly find the worst investors making.   Show Notes and Additional Resources:  https://thefinancialanswer.com/podcasts/what-mistakes-do-bad-investors-make/     On This Episode:  1:59 – In the News: What do you think about Elizab...

It takes a lot of hard work and dedication to finally be able to step away from working and retire. But the journey isn’t over. You’re just transitioning to the next chapter of life, which is where your mindset completely changes financially. Let’s explore the ways people commonly mess up early in retirement.   Show Notes:  https://thefinancialanswer.com/podcasts/welcome-to-retir…dont-screw-it-up/...

In the final 10 years before you retire, what do you need to do in order to make sure you’re ready? Do you know the answers to all of these questions?   Show Notes:  https://thefinancialanswer.com/podcasts/the-final-decade-before-retirement/     Today's Rundown:  1:48 - In the News: President Trump changed his residence to Florida for tax reasons. 4:15 - In the ten years leading up to retirement,...

In anything, there’s always an exception to the rule. With your financial plan, when do you chase that exception and when do you stick with what’s average? Which will be more profitable in the long run?   Show Notes: https://thefinancialanswer.com/podcasts/trying-to-find-the-exception-to-the-rule-when-investing/   Today's Rundown:  1:01 - Jim Simons, a mathematician and hedge fund manager figured...

For our final Halloween-themed podcast of 2019 will look at the parallels between the holiday and financial planning. Things like costumes, being scared, and superstitions can all be tied into our retirement plan and that’s exactly what we’ll do on this episode.   Show Notes: https://thefinancialanswer.com/podcasts/retirement-planning-and-halloween/   Today's rundown:  1:53 – We’re wrapping up our...

In the spirit of Halloween, we take a look at some of the scariest facts about retirement. From savings to the price of healthcare in retirement, these numbers will open your eyes to the realities about retirement and why it can be a challenge for many Americans On this episode:  0:52 – Excited for today’s show on scary facts. 3:03 – First scary fact: Congressional tax reform could severely pre-ta...

Halloween is rapidly approaching and it’s a holiday that generates a lot of spending in our country. We’ll take a look at the numbers behind the holiday and how it impacts our economy. Of course it will all tie back into retirement planning and BOOdgeting budgeting On this episode:  0:47 – Nathan is back from vacation. 1:47 – Halloween is approaching so that’ll be the theme for the show. 3:23 – We...

Do you spend like there’s no tomorrow? Or do you hoard more money than you could possibly need? Or are you somewhere in the middle? Find out which type of spender you are and what to look out for. Show Notes:  https://thefinancialanswer.com/podcasts/4-types-of-spenders/ 0:55 - What kind of spender are you? 1:20 - Type #1 - The emotional spender. 3:35 - This can translate into emotional investing,...

Believe it or not, planning for retirement is a bit like going on a road trip. Are you ready to rock out to some tunes and hit the road? Or are you stuck in the planning process or facing roadblocks? Find out how you can plan the best route possible on your way to retirement. Today's rundown: 4:54 - Decide where you want to go. What do you want retirement to look like?  7:09 - How do you get there...

Ever read a headline and think, “Is that true?” There are several headlines that make their way into the news from the financial world, but before you get in a panic, let’s look at them logically to figure out if they are real or fake. On today's show: 1:29 - In the News: Jim Cramer, host of Mad Money, is shifting more toward education on his show and now agrees with the value of index funds. 5:59...

No matter how hard we try to stay on top of our finances, we’re sure to come across roadblocks that interfere with our decision-making process. Does this sound familiar? Let’s talk about the common scenarios we see in retirement planning and how you can deal with them.  Today's rundown: 0:58 – In the news: What’s going on with small cap stocks? 2:50 – How to check your mutual fund to see what inve...

Just why do you make the decisions that you do? You may think it has to do with facts and figures, but your behaviors and how you respond to risk and reward determine a lot of your actions. This is part three of that discussion. Click here to see the full show notes for this episode.----more---- Today's rundown:  2:48 - Law #9: Big results are driven by tail events. 6:09 - Law #13: Diagnosis error...

Do you truly know why you make the investment decisions you do? Many of them are based on mainstream beliefs but how much do you know about where they are rooted? Are you following these laws of investing (knowingly or not)? This is part two of that discussion. Check out the full show notes by clicking here .----more---- Today's rundown:  1:14 - “The Laws of Investing” has many topics worth consid...

Stop to consider why you do what you do. Now, consider why you make the financial decisions you make. Are you following these laws of investing (knowingly or not)? This is part one of that discussion. Check out the full show notes by clicking here .  You can also access the Laws of Investing PDF mentioned during the show here. ----more---- Today's rundown: 2:26 - “The Laws of Investing” has many t...