The Retirement Huddle

The financial world is full of acronyms that get thrown around for convenience, but the average person doesn't necessarily know what they all mean. We'll share what they are and what they mean.   Read more and get additional financial resources here: https://retirementhuddle.com/financial-planning/ep-27-financial-acronym-salad/456/     What we discuss on this episode:  1:28 – ETF 2:46 – RMD 5:23 –...

Should you always pay off your house as soon as you can? Do you need life insurance when you retire? Find out if we agree or disagree with these financial strategies.   Read more and get additional financial resources: https://retirementhuddle.com/podcast/ep-26-agree-or-disagree-with-these-financial-strategies/442/     What we discuss on this episode:  1:12 – Pay off your house 2:10 – Individual b...

To successfully complete a jigsaw puzzle, there are some strategies you'll want to keep in mind, and many of those same strategies apply to retirement planning.   Read more and get additional financial resources here: https://retirementhuddle.com/financial-planning/ep-25-the-jigsaw-puzzle-of-retirement/424/     What we discuss on this episode:  1:40 – Look at the big picture 3:04 - Build a framewo...

When you're in the red zone in football, you need to capitalize on the opportunities and not make costly mistakes. The same thing goes when you're in the red zone leading up to your retirement years. We'll explain why.   Read more and get additional financial resources here: https://retirementhuddle.com/financial-planning/ep-24-why-the-final-decade-before-retirement-is-crucial/415/     What we dis...

Do ever watch home renovation shows on TV? Well, renovation projects can also apply to your financial life. We'll explain how.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-23-how-home-renovation-is-like-financial-planning/385/     What we discuss on this episode:  1:50 – Contractor's discount 4:24 – Passing inspection 6:35 – Specialization

What can basketball teach us about financial planning? Surprisingly, they have a lot in common. We'll explain how   Read more and get additional resources here: https://retirementhuddle.com/podcast/ep-22-what-basketball-can-teach-us-about-retirement-planning/374/     What we discuss on this episode: 1:48 – Shot clock 4:35 – Double dribble 7:05 – Personal fouls

"This is the year. I'm going to do (fill in the blank)." How many times have you heard people say that about New Year's resolutions? Let's talk about some good financial goals for the New Year and how to make them stick.   Read more and get additional financial resources here: https://retirementhuddle.com/financial-planning/ep-21-financial-goals-for-2021/356/     What we discuss on this episode: 2...

Does your financial advisor look at your tax returns? What about the fees in your investments? We'll explain how your advisor should be helping you.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-20-is-your-advisor-doing-this/340/     What we discuss on this episode:  1:28 – Reviewing tax returns 3:06 – Evaluating fees and costs in investments 4:36...

This time of the year is very special. Christmas songs can get you in the mood for celebrating with your family. They can also be compared to retirement planning. On this episode of The Retirement Huddle podcast, Mark Howard explains how they are similar.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-19-financial-lessons-from-christmas-carols/319/...

On this episode of The Retirement Huddle podcast, Mark Howard explains how overconfidence in your financial life can sometimes lead to destruction.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-18-how-overconfidence-in-your-finances-can-lead-to-destruction/303/     What we discuss on this show: 1:06 – Overconfidence in the stock market or your abi...

Even if you have a solid financial plan in place, things can quickly get out of tune if you don't make adjustments from time to time. On this episode of The Retirement Huddle podcast, Mark Howard explains some of the areas where we often see people get out of tune in their financial plan.   Read more and get additional financial planning resources here: https://retirementhuddle.com/financial-plann...

Villains in the movies are usually pretty easy to identify, but villains in the financial world aren't always so easy to identify. Here's how to recognize them.   Show notes & financial resources: https://retirementhuddle.com/podcast/ep-16-how-to-spot-villains-in-the-financial-world/270/     What we discuss on this show:  1:24 – Darth Vader 3:10 – Wicked Witch of the West 4:43 - Ivan Drago (Rocky...

Many financial decisions can be compared to playing chess, roulette or poker. Some use skill and some use luck, and we will explain why.    Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-15-are-we-playing-chess-roulette-or-poker/256/      What we discuss on this show: 1:51 – Trying to time the market 3:02 – Deciding how much IRA money to covert to Ro...

Are you an emotional spender or someone who loves to do research before making a purchase? No matter how you spend money, it's helpful to know your personality type so you can best plan for retirement.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-14-whats-your-spending-personality/245/     What we discuss on this show:  1:17 – Emotional spender 2...

In honor of all the wonderful mothers, let's take some of their favorite sayings and apply them to financial planning.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-13-financial-wisdom-from-moms-favorite-sayings/229/     What we discuss on the show:  0:53 – Because I said so 2:21 – If you want to act like a child, I'll treat you like one 4:39 – If...

Mark breaks down the top six financial topics that people search on Google and what you should know about them.    Read more about this episode: https://retirementhuddle.com/podcast/221/221/     What we discuss today:  1:03 – Income taxes 5:13 – Insurance 7:36 – Mortgages 9:21 – Retirement accounts 11:52 - College expenses and estate planning

Are you making assumptions about your retirement and what it will look like? Mark breaks down some of the expectations people have and where you can go wrong.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-11-dont-make-these-assumptions-about-retirement/211/     On today's show:  0:55 – Thinking you'll spend less in retirement 2:03 – Thinking your...

Most people don't know what types of risk they should guard against in their financial planning. We break down five risks and how to address them. Plus, Mark answers your mailbag questions.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-10-5-types-of-financial-risks/200/     On today's show:  0:51 – Market risk 2:41 – Interest rate risk 3:47 – Infl...

Everyone gets tripped up by mistakes in retirement planning and sometimes they're unavoidable. But many times we see pre-retirees make bad decisions that hurt their financial future and they could have steered clear of these with a little assistance. Let's look at the classic mistakes that we see before answering a few mailbag questions.   Read more and get additional financial resources here: htt...

Financial lessons can be found everywhere you look, even on The Weather Channel. Today we're taking four common weather terms and finding the equivalent in retirement planning.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-8-financial-forecast-how-planning-is-like-the-weather/173/     Today's show schedule:  1:03 – What are the tornadoes of the fi...

We work with many, many Baby Boomers so we see and hear the concerns they have heading into retirement. Let's discuss what challenges are facing this generation and where mistakes often get made during the planning process.   Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-7-the-challenges-facing-baby-boomers-in-retirement/167/     Today's show schedu...

After all of the hard work it takes to make it to retirement, why would you go and do anything to jeopardize your finances or your lifestyle? Unfortunately, it happens all too often for a number of different reasons. Today we'll tell you about some of the most common mistakes people make and what you can do to avoid the same fate.   Read more and get additional resources here: https://retirementhu...

The SECURE Act took effect to start 2020 and it's the first significant retirement legislation in many years. Let's look at the key changes to retirement planning and how it might impact your future.     Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-5-how-the-secure-act-impacts-your-retirement/150/     Today's show schedule:  1:07 – RMD age moves fr...

A lot of us are in a rut right now. The state of the economy remains in limbo as unemployment rises and businesses struggle to remain open. It can be overwhelming to completely rearrange your daily life while trying to balance your finances. We're all dealing with this together and we'll help each other get through this rough patch. Without answers it might seem like the optimism is a long ways of...

When you think about what it takes to become a better investor, what do you imagine? Are you envisioning some big secret strategy or a hot stock tip that pushes you to another level? The truth is you might not need any major changes. Often it's just a mentality or a personality trait that can lead you to the results you hope for. Let's take highly-intelligent people for example. When you think abo...