The Money Professor with Chris Longworth

In this episode of The Money Professor, Chris Longworth and  Jackie Selby discuss the importance of continuing to invest even after retirement. They emphasize the need for financial education, understanding longevity risk, and the changes in 401(k) plans. The conversation also covers the significance of income planning, the impact of inflation, and the necessity of preparing for unexpected li...

In this episode, Jackie Selby  and Chris Longworth discuss the impact of inflation on financial planning, emphasizing the importance of cash flow and retirement strategies. They explore the concept of building a personal pension for guaranteed income, the significance of financial discipline in inflationary times, and the rising healthcare costs in retirement. The conversation also delves int...

 As the year winds down, it's crucial to take a moment to assess your financial health and make strategic moves that can protect your wealth. In this episode of The Money Professor, host Chris Longworth emphasizes the importance of knowledge in financial planning and provides actionable steps to help you navigate the end-of-year financial landscape.   Call Chris Longworth and the team at...

In this conversation, Chris Longworth discusses the importance of having a well-structured retirement plan that aligns with one's lifestyle, longevity, and legacy goals. He highlights the common conflicts found in traditional retirement plans, such as growth versus protection and income versus legacy. Longworth introduces the concept of the 'No Compromise Retirement Plan' as a solution to these co...

In this conversation, Chris discusses the critical aspects of retirement funding, focusing on the importance of decumulation and income distribution strategies. He emphasizes the need for a defined distribution plan to ensure financial stability in retirement, addressing common pitfalls such as over-saving and under-spending. The conversation also highlights the risks associated with decumulation,...

In this conversation, Chris Longworth  discusses the upcoming tax changes due to the Secure Act 2.0, emphasizing the importance of understanding the tax code and its implications for individuals over 50. He explores strategies for tax mitigation, including the benefits of Roth conversions and the impact of Required Minimum Distributions (RMDs) on tax brackets. The discussion also covers the s...

In this conversation, Jackie Selby and Chris Longworth discuss the multifaceted aspects of retirement planning, emphasizing the importance of not just financial security but also personal fulfillment. They explore the psychology of money, the necessity of personal pensions, and the critical role of education in financial literacy. The discussion also touches on tax strategies, long-term care consi...

In this episode of The Money Professor, Chris Longworth discusses the journey of retirement, emphasizing the importance of packing the right mindset and strategies for financial success. He introduces the Wealth Defender Strategy, which focuses on accumulation, preservation, and flexible distribution of wealth. The conversation also addresses common financial clutter that can hinder retirement pla...

In this episode of The Money Professor, Chris Longworth discusses the critical aspects of retirement income planning, emphasizing the importance of having a structured income distribution plan. He highlights the psychological barriers that prevent individuals from spending their savings in retirement and the necessity of smart money management skills. The conversation also touches on the role of 4...

In this conversation, Chris Longworth  discusses the unique challenges and strategies for Gen X as they approach retirement. He emphasizes the importance of strategic financial planning, understanding social security, and the role of cash value life insurance in creating a secure financial future. Through real-life case studies, he illustrates how proper planning can mitigate risks and enhanc...

In this conversation, Chris Longworth discusses various aspects of retirement planning, focusing on the importance of financial control, life insurance, tax management, and strategies for gifting and legacy planning. He emphasizes the significance of understanding different financial products, such as annuities and life insurance, and how they can be utilized effectively to secure a comfortable re...

In this conversation,Jackie Selby  and Chris Longworth delve into the psychology of money, emphasizing the importance of education in financial planning. They discuss the concept of building a personal pension for retirement, navigating 401k options, and the risks associated with cashing out retirement accounts. The conversation also highlights the significance of planning for healthcare cost...

In this conversation, Chris Longworth, the Money Professor, discusses the implications of Required Minimum Distributions (RMDs) and taxes in retirement. He emphasizes the importance of understanding tax strategies, including Roth conversions, to minimize tax liabilities. The discussion also covers the impact of RMDs on Medicare premiums, the significance of tax categories, and the psychology of mo...

In this conversation, Chris Longworth, the Money Professor, discusses various aspects of retirement planning, including the importance of continuous contributions, understanding annuities, and the role of education in financial decision-making. He emphasizes the need for a solid retirement income plan, the impact of healthcare costs, and strategies for charitable giving. The discussion also covers...

For decades, the default financial wisdom told us to sock money away in tax-deferred accounts like IRAs and 401(k)s. And while those accounts are powerful, they can also create a ticking tax time bomb if you’re not strategic about withdrawals. Add in the impact of massive government spending during COVID, and it’s clear: the tax landscape in retirement is shifting. If you're nearing re...

What worked for your parents or grandparents in retirement may not work for you. Longer lifespans, unpredictable markets, and the rising cost of living mean that the old playbook—while comforting—can sometimes lead to financial pitfalls. Today, we’re taking a closer look at these long-standing beliefs and revealing why a more personalized strategy may be the smarter path. Call Ch...

When we think of retirement, we often picture leisure and relaxation. But for many, it’s also a time of uncertainty—especially when it comes to finances and staying mentally engaged. Enter ChatGPT: a tool that's quietly becoming a trusted companion for retirees seeking both cognitive stimulation and financial clarity. From organizing stargazing schedules to simulating retirement income...

You’ve built the business, led the team, and put in the years. But what about the next chapter? Retirement rules are evolving fast, and if you’re not keeping up, you could miss key opportunities—or worse, face costly surprises. Today, we're diving into what every entrepreneur needs to know about SECURE 2.0, rising retirement ages, and new strategies that could make all the differ...

In today's volatile financial landscape, preserving capital is just as crucial as growing it. Whether you're a retiree with a substantial nest egg or someone seeking stability amidst market fluctuations, understanding the safest investment avenues is paramount. Let's delve into strategies that offer peace of mind and steady returns. Call Chris Longworth and the team at The Financial Education Grou...

Retirement planning isn't just about numbers; it's about envisioning a future where you can live comfortably and pursue your passions. A recent article from Yahoo Finance outlines six signs that you're ready to enjoy a middle-class retirement. Let's delve into these indicators and see how they align with your retirement goals. Call Chris Longworth and the team at The Financial Education Group at 8...

      Call Chris Longworth and the team at The Financial Education Group at 800-719-7917 or visit wealthdefender.com.   See omnystudio.com/listener for privacy information.

In this episode of The Money Professor, Chris Longworth discusses the often-overlooked aspects of retirement planning, emphasizing the importance of financial structure, longevity, and the psychology of money. He highlights hidden assets like cash value life insurance and health savings accounts, as well as alternative assets such as collectibles. The conversation also covers the role of annuities...

In this conversation, Jackie Selby and Chris Longworth discuss the financial anxieties faced by many Americans, particularly retirees and those nearing retirement. They explore the psychological aspects of money management, the importance of financial literacy, and the challenges posed by credit card debt. The discussion also highlights the struggles of the sandwich generation, who are often caugh...

In this conversation, Jackie Selby and Chris Longworth discuss essential financial truths for retirement planning, emphasizing the importance of understanding the psychology of money, building a structured financial plan, and the significance of tax-favored distribution strategies. They also highlight the Wealth Defender strategy, the impact of longevity on financial planning, and the lessons lear...

In this conversation, Jackie Selby  and Chris Longworth discuss the importance of planning for long-term care and retirement income. They emphasize the need for a comprehensive retirement strategy that includes considerations for the last years of life, the emotional and financial implications of unexpected events, and the role of annuities in providing financial security. The discussion high...