The Life By Design Podcast

Everyone talks about what they plan to focus on in the new year. The real question is how are you going to maintain your resolution? In this episode, Royal Standley discusses what his plans are for 2022. He also shares his advice for maintaining your new year financial resolutions and how to remain accountable throughout the year. You will learn about the resources that helped him commit to his he...

When faced with unexpected expenses, reaching for your plastic can be an easy option. But easy is not always the best option. In this episode, Royal Standley discusses the importance of avoiding over-complicating an emergency fund and how you can build your own. He reveals how an emergency fund benefits your financial plan even before you start creating a retirement plan and the debt you can avoid...

The next generation will eventually inherit your IRA. How you prepare your accounts and beneficiaries today will impact the inheritance they will receive. In this episode, Royal Standley discusses the changes to IRA inheritance. He recounts how the SECURE Act changed IRA inheritance depending on the beneficiary’s age and relation to the deceased. Royal discusses how the IRA will be taxed after you...

Looking back over the past year, we have faced several challenges — from COVID to politics to the investment market — and we need to prepare for how these could impact us in the new year. In this episode, Royal Standley discusses what happened this past year and looks to the future. He recounts the impact of COVID on individuals and business, how politics influences society and the inc...

During the pandemic, everyone expected the housing market to go down. Instead, it increased as more people fled from the cities. In this episode, Royal Standley is joined by Julianne Rawlins, from Cascade Sotheby’s International Realty. Julianne reveals the current real estate market and how the pandemic has affected buyers and sellers. She also discusses tips for sellers and what the future...

Medicare can be a complicated system for medical insurance. Having someone who knows how to navigate the system can help you find the best plan for your needs. In this episode, Royal Standley is joined by Marla Kasdorf, owner at Kasdorf and Associates LLC, in discussing the world of Medicare. Marla shares what the end of the year means for Medicare users, who can apply and what each part can be us...

According to the latest report from the government, social security is still losing money. What does that mean for your retirement plan? In this episode, Royal Standley dives back into social security as he reveals the latest update from the government. Royal discusses the current and future struggles with social security and how to prepare your retirement plan for the possibilities of the future....

We would all love to have a crystal ball to show the future, but for now we will have to rely on the possibilities. In this episode, Royal Standley talks about the predicted stock market lows for the next 10 years. Royal explains the current stock market and predictions for the future based on current and past examples of similar markets. Royal discusses: How inflation could affect stock market pr...

You still need a source of income once you retire, but do you know what your options are for funding your retirement? More importantly, do you know the risks associated with each option? In this episode, Royal Standley discusses how you can fund your retirement and reveals several ways you can prepare your income for retirement no matter what stage of life. Royal discusses: How you can make the mo...

With restrictions starting to lift and restaurants opening up, spending money during the summer is more tempting than ever. In this episode, Royal Standley discusses the importance of keeping your financial plan in mind as the world begins to reopen. Discover simple ways you can ensure your financial plan is up to date and benefiting your future. Royal discusses: The importance of planning for the...

With physical contact being restricted due to Covid, kids and adults alike have adjusted how they play sports.  In this episode, Royal Standley is joined by James Monroe, a financial advisor with Oregon Pacific Financial Advisors. James shares his ten years of experience coaching kids sports teams and how the lessons learned from coaching relate to facing the struggles of COVID-19 as a financial a...

When you start your own business, how will the business affect your retirement planning? In this episode, Royal Standley shares five of the biggest mistakes business owners make when planning their retirement. You will learn: The benefit of creating a retirement roadmap The importance of keeping personal and business assets separate Why you should hire outside support And more! Discover the five r...

The forced isolation of COVID-19 has impacted the inflation rate today and in the future. In this episode, Royal Standley dives into inflation, discussing how COVID-19 has impacted the economy. He reveals past examples of similar economic scenarios, how the future inflation rate may increase and the impact this could have on your retirement plan. You will learn: How COVID-19 impacted economic infl...

Sometimes, one small mistake can completely derail your financial plan and stop you from achieving your life goals. In this episode, Royal Standley goes through a list of 15 common financial planning mistakes that he has encountered in working with clients over the years. Along with discussing the root causes of these mistakes, he also shares tips on how to avoid them, or even fix them if you’ve a...

Built in the fifties, Asante has grown to be the largest healthcare provider in Southern Oregon despite operating as a nonprofit. Now, it’s set to run the biggest fundraising campaign in the region – with a goal of $50 million! In this episode, Royal Standley speaks with Andrea Reeder, development director at Asante Foundation, to uncover what this campaign is all about and how it’ll benefit...

As the end of Covid-19 approaches with the rollout of vaccines, most people cannot wait to get away from their homes and enjoy a good vacation. Now might be the ideal time to start planning for it. In this episode, Royal Standley joins Shana Brewer, owner of Travel Leaders, and a highly experienced travel consultant. Shana discusses things you should consider while planning for your trip so that y...

Children, teenagers, young adults, families – all of them are affected by housing instability to some extent. To address this problem, Royal Standley invites Mary Ferrell, founder and executive director of Maslow Project to the podcast. In this episode, Mary shares her years of experience in working with homeless people of all age groups, and talks about the various initiatives undertaken by her t...

In the modern technological era, with everything moving towards digital, people often ask, “Why are libraries still relevant today?” In this episode, Royal Standley joins Rebecca Stoltz, executive director at The Josephine Community Library Foundation, to explain why libraries are not just a book repository, but a community center where people can connect and grow. They also take a look at how lib...

You can’t create more time, but you can boost your productivity and efficiency by managing the limited time that you have. In this episode, Royal Standley addresses the biggest challenge faced by people in their day-to-day lives – time management. He discusses several tips and tricks to help you achieve your goals in a timely manner by prioritizing your tasks and overcoming the very common p...

Market surveys show that a large number of business owners plan to exit their business in the next 5 to 10 years. Are you one of them? In this episode, Royal Standley shares a simple yet highly effective 7-step guide that helps you achieve maximum value from your business exit, whether it’s a sale to an outside party or an internal transfer of ownership to family or employees. Join him as he assis...

Looking at drastic market swings, people often get emotionally overwhelmed and seek to “time” the market in the short-term. In this episode, Royal Standley highlights the importance of building a comprehensive plan that helps you get through the market turmoil, which may ultimately benefit you in the long-run. He also takes an extensive look back at where we were in 2020, and what the coming years...

While a new born child calls for a lot of celebrations, it also gives rise to additional responsibilities for the parents. In this episode, Royal Standley covers the financial aspect of having a new child. Join him as he walks through the 3 most important things every new parent must look at – estate planning, life insurance and a long-term savings plan for your child, whether it’s for college, th...

With several advancements in the search for a vaccine, we may be possibly approaching the end of COVID. And as we are also entering a new presidency, 2021 seems full of new possibilities and opportunities! However, you must have a strategic plan in place to make the most of those opportunities. In this episode, Royal Standley uses his expert financial insights to help you allocate your assets bett...

Imagine having your home paid off before retirement! In today’s episode, Royal Standley of Oregon Pacific Financial Advisors looks at how home ownership fits into your financial plan. Royal strives to help build a financial plan that includes paying off your mortgage. In this episode, you will learn: How home ownership integrates into your financial plan How to look at it as buying an asset that h...

Planning for your future can be tough, but it’s important to make sure that you have everything covered. Do you have plans in place for long term care needs? In today’s episode, Royal Standley discusses everything you need to know about long term care insurance and why it’s important to make sure you consider planning for the unexpected. In this episode, you will learn: What planning ahead can do...