The Income For Life Show

Fidelity conducts an annual study where they analyze retirement and financial expectations among couples who are either married, or in a long term relationship. Matt and Nick will take a look at this study today and discuss some of the findings, trends, and why you can never go wrong with communication. Show Notes: Fidelity PDF -  https://bit.ly/3BQ65WK Get Your Guaranteed Annuity - https://apply....

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. We will also discuss some of the financ...

We discuss compounding, deferred interest - which is what we offer to clients. Ex-MLB baseball superstar Bobby Bonilla agreed to a deferred contract of 1.9 million dollar per year for 25 years - with a 5.9 million dollar original investment. That's a 30 million dollar payout from a 6 million dollar investment. Show Notes: Bobby Bonilla Article - https://bit.ly/3hcsepW Get Your Guaranteed Annuity -...

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...

Some people in the financial world speak in code. It's important for you to learn how to crack that code. Let's look at a few examples of what you'll hear someone say, but breakdown what they really meant. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retire...

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 Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 8...

We discuss how many are learning about their retirement through 'uncommon sense' and also how the Great Resignation is hitting the American workplace right now in a big way. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 888-228-8814 incomeforlife...

What happens when the government makes the economy stand on it's own two feet? What will happen when the 'easy money' slows down and stops? Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 888-228-8814 incomeforlife.org foldsofhonor.org

We discuss the rise of nursing home costs and how our plans can help pay for this - without underwriting, or extra cost to their retirement plan. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 888-228-8814 incomeforlife.org foldsofhonor.org

On this daily dime, we discuss the four personality types of retirees when it deals with how they spend their money. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 888-228-8814 incomeforlife.org foldsofhonor.org

We discuss the new US deficit and how it will affect our nation moving forward. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 888-228-8814 incomeforlife.org foldsofhonor.org

On today's show, we discuss how ridiculous some Google searches for retirement planning can be and what red flags you should look out for. We also talk about the current Secure 2.0 Bill and the top 9 goals inside it. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap...

The recent bipartisan bill is set to increase RMD ages and also offer lifetime income plans due to the retirement crisis in America today. The government understands the crisis and is offering opportunities for retirees to take advantage of. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomefor...

On this daily dime, we discuss how the boomer generation that wants to downsize their home is causing a collision with the millennial generation that wants to purchase their first home. This current supply/demand chain is causing a violent condition in the housing market and needs to be addressed. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= G...

Welcome into our first daily dime discussion! The goal of the daily dime is to have a quickly talk about various ideas and topics that are top of mind for us. Today our conversation is about how there seems to be a lack of fear in the stock market and why this can be a danger to your retirement portfolio. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU...

If we take a look at the world of medicine, we can learn some valuable lessons that can be applied to your financial life. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 888-228-8814 incomeforlife.org foldsofhonor.org

We've surpassed the first 100 days of Joe Biden's presidency and, so far, it has already provided plenty of fodder for discussion in the financial planning realm. Let's look at some of the top issues of the past few months, how it impacts financial planning, and how conversations with clients about these issues are developing. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simplea...

Matt and Nick discuss 5 areas of your financial life where you might be flirting with disaster and don't even know it. The guys will also answer an email question about investing in just one stock. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity/index.html?a=SU5DTDE= Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 88...

With March Madness about to come to a close 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? We also discuss how the city you live in can have a drastic impact on your retirement plan. Show Notes: Get Your Guaranteed Annuity - https://apply.nfg.com/simpleannuity...

The "normal" investment world already seems crowded with endless possibilities of companies and ways to invest. Yet there's a segment of the market classified as alternative investments that many people find intriguing. Could there ever be a place for alternative investments in your portfolio? We discuss the top alternative investment products and why we feel the risk may not be worth the reward f...

We often see people making certain assumptions about retirement that just aren't correct. Matt and Nick explore some common assumptions that they see in their office. Show Notes: Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 888-228-8814 incomeforlife.org foldsofhonor.org

The financial industry has held many general rules of thumb throughout the years, but one of the most popular ones is the rule of 100. If you subtract 100 from your age, that's percentage of stocks you should have in your account. This may be a good place to start, but it's certainly not a financial plan. Matt and Nick discuss their thoughts on this rule of thumb and talk about the 3 strategies to...

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 N...

Matt and Nick discuss the five ways the super-rich think and how you can use these same concepts in their retirement. Show Notes: Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadmap-for-retirement/ 888-228-8814 incomeforlife.org foldsofhonor.org

Is a Roth Conversion right for you? There are many different financial firms advertising this strategy right now, but it can be difficult to know this is truly something that will work well with your plan. We dive into how a conversion works, how taxes are paid, and the long-term effects of this process. Show Notes: Get Access To The IFL Manual Vault - https://www.incomeforlife.org/get-your-roadma...