The Retirement Risk Show

In this episode, Dave Hall is joined by his partner Paul Obendorf to discuss two important retirement risks: sequence of return risk and inflation risk. They delve into the impact of sequence of return risk on retirees' portfolios, highlighting how retiring during market upswings versus downturns can drastically affect retirement experiences. But fear not, they also provide strategies to miti...

In today's episode, host Dave Hall is joined by RRA expert partner Brian Britt to discuss an important topic: sequence of return risk in retirement. As they delve into this subject, they shed light on how this concept has evolved over the years and why it is becoming increasingly important in retirement planning. Dave and Brian draw from their decades of experience in the industry to analyze...

In this episode of the Retirement Risk Show, Dave Hall dives into the topic of sequence of return risk. But before getting into the details, he shares some eye-opening statistics from the 2023 BlackRock Read on Retirement Report. The report highlights the challenges faced by Americans when it comes to saving for retirement, with many falling short of the recommended savings levels. Dave discusses...

Coming up on this episode of RRS, your host Dave dives to the realm of hospice care with guest Penny Smith, a hospice nurse and TikTok guru who has been making waves in the industry. Penny shares her journey into the world of hospice and how she has become a passionate advocate for high-quality end-of-life care. They discuss the misconceptions surrounding hospice, the role of families in the proce...

Welcome to the RRS podcast, where we dive deep into the world of retirement planning and risk management. In today's episode, host Dave Hall is joined by special guest Alecia Barnette, VP of Care Planning for Financial Independence Group. Together, they explore the challenges and solutions of long-term care planning. From the two main ways to mitigate risk to the significant changes in the in...

In this episode of RRS, host Dave Hall discusses the importance of organizing personal information and end-of-life planning. Joined by guest Jon Braddock, co-founder of My Life and Wishes, they dive into the challenges that arise when navigating important decisions after a loved one's passing. They explore the benefits of utilizing a secure digital platform to store documents, preferences, an...

Welcome to another episode of the RRS podcast with your host, Dave Hall!  In today's episode, we dive into a topic that impacts retirement: the crucial role the Federal Reserve plays in it. As our financial landscape continues to evolve, it is vital that we accept and prepare for challenges to ensure a secure future. Risk-based planning emerges as a solution to navigate these uncertainties. F...

On this episode of RRS, host Dave Hall welcomes Cameron Huddleston, author of "Mom and Dad, We Need to Talk." They dive into the importance of openly discussing finances with children to help them become more responsible with money. They discuss the significance of life insurance, estate planning documents, and powers of attorney in ensuring financial and medical decisions are made accor...

This week is Part 2 of "15 Reasons Why People Run Out of Money in Retirement!"  On this episode of RRS, Dave Hall dives into the topic of retirement and the various risks that can affect one's financial security during this phase of life. He discusses the financial risks like inflation that can cause retirement funds to deplete faster than expected.  Moreover, he stresses the need f...

On this episode of RRS, Dave Hall discusses the reasons why people run out of money in retirement. He emphasizes the importance of having a budget item for a significant gap in health savings accounts and encourages taking action to reduce or eliminate retirement risks. Dave highlights the shift from employer-funded retirement to employee-funded retirement as one of the reasons for the retirement...

In this episode of The Retirement Risk Show, Dave Hall and Paul Obendorf dive into the topic of fixed indexed annuities. They discuss how fixed indexed annuities have evolved over the years, offering better index options, increased income options, and the ability to convert them to Roth Annuities. They highlight the benefits of fixed indexed annuities in retirement, such as downside protection, po...

On this episode of RRS, host Dave Hall invites Brian Britt to discuss the topic of income diversity in retirement planning. They cover several issues from the history of diversification, managing risk in retirement, the importance of income diversity, to proper retirement planning for a sustainable and comfortable retirement. They also discuss principal protected products such as annuities and per...

A great place to begin when planning for retirement is understanding your expenses and budget to make sure your income meets those needs. This is especially true when retirement is oftentimes a period where you're on a fixed income.  On this episode of RRS, the Retirement Risk Show, Dave Hall stresses the importance of preparing for retirement and the potential risks that come with it. He sha...

What can you do about guaranteeing retirement income? In today's society retirement needs more than tax-deferred accounts and Social Security. Having this traditional setup only promotes risk exposure, especially to a lack of income diversity.  More consideration needs to be given to income streams for your retirement so you aren't part of the ever-growing number of Americans who go brok...

There is a lot to consider when planning for retirement. But an overseen and costly risk is the lack of income diversity. Far too often retirees have their taxable or tax-deferred buckets too full and not enough in tax-free.  On this episode of RRS, Dave discusses the top 5 tax-free sources of income for retirement. He covers how retirees will need 65-80% of their pre-retirement income to maintain...

"There is no question that Social Security must be reformed to come to grips with today's reality." - Russell Gloor On this episode of the Retirement Risk Show, Dave Hall invites Russell Gloor to discuss the hot topic of Social Security. Russell shares his experience working for the nonprofit affiliate of the Association of Mature American Citizens, the AMAC Foundation, and their So...

Mary Beth Franklin says, "To claim [Social Security] benefits early out of fear is like selling your stocks in a down market. The only thing you have guaranteed is you have locked in a loss." And she makes a great point when it comes to the security and safety of, not only your Social Security benefits, but your retirement as a whole. On this episode of The Retirement Risk Show, Dave Hal...

On Wednesday, August 14, 1935, Franklin D. Roosevelt signed the Social Security Act into law, the inception of the program 96% of Americans rely on today as a staple of their retirements.  This week Dave brings on Nancy Altman, President of Social Security Works and a woman who has worked with Social Security reform and laws since 1978. Nancy brings her hands on experience within the program from...

Ever wonder what impact claiming your Social Security benefits at an early age would have on your retirement plan? Ever wonder if claiming your benefits at 62 is the best option for you? Ever wonder why a chunk of people claim their benefits right when they are eligible to? Or wonder about the consequences of doing so?  This week Dave provides detailed answers to those questions!  Dave discusses t...

When Social Security was created and signed into law in August of 1934 by President Franklin D. Roosevelt the intent was to help retirees stay out of poverty and provide a security during economic uncertainty. Now, almost 90 years later, Social Security is predicted to run out of money within the decade. While this isn't the first time the Social Security program has faced this problem, the c...

Social Security benefits are very unique to every person. Each person who can claim benefits should consider who else may be entitled to claim off their work history, especially since this benefit is oftentimes the only inflation-adjusted income stream retirees have. This week Dave dives into what oils the machinery of Social Security claiming strategies. He brings back Jim Blair and Marc Kiner of...

April is Social Security month here on the Retirement Risk Show!  As a program that is the groundwork for majority of Americans’ retirements, there is more to your Social Security benefits than simply signing up once you are able.  This week Dave brings back on the show Social Security experts Marc Kiner and Jim Blair of Premier Social Security Consulting, LLC to discuss the inner workings of the...

Majority of America is going to rely on the Social Security program for their retirement to some extent. But with our retirement landscape changing and the Social Security program on the brink of challenges itself, it is important to know that Social Security should not be the only thing you rely on for retirement. In reality, it should be about 40% of your retirement income.  The truth is so many...

For a while, stockpiling your retirement funds into tax-deferred accounts worked. After pension slowly faded and retirement became less employer-sponsored, self-funded retirement has been the standard for decades now. IRAs and 401(k)s have become a staple for traditional retirement plans--contributing to these accounts with pre-tax dollars in hopes that when you retire and withdraw tax rates would...

Retirement planning for the longest time has been heavily reliant on tax-deferred accounts and Social Security. And while this paradigm worked for the previous generations, especially after pensions began fading, relying heavily on tax-deferred accounts does not work well anymore. Today tax-free and tax-advantaged accounts are best!  Why did the old paradigm work so well for previous generations b...