The Savvy Investor Podcast

How have annuities changed for retirees? Mike Canet discusses one of the most important aspects of a financial plan in retirement and that is having the right tool for the right job. He breaks down how annuities have evolved over the years. He also thanks everyone who has been a part of the Prostatis team as they celebrate 20-years of service in the community.  See omnystudio.com/listener for priv...

How can a war affect your retirement and the market? Ryan Herbert discusses current geopolitical events and talks about how they could affect your portfolio. He also talks about the difference of a partial retirement and staying busy in retirement.  See omnystudio.com/listener for privacy information.

WCBM host Bruce Elliott sits down with Mike Canet to discuss the future of retirement. They talk about the current tax rates and what changes are coming, how the outcome of the 2024 election could affect you financially, and the rising interest rates of the housing market.  See omnystudio.com/listener for privacy information.

What can you do with your 401(K) now that you couldn't a decade ago? Ryan Herbert breaks down what changes you can make for retirement and how to do so in the most tax efficient manner possible. He also discusses famous magician David Copperfield and the option of continuing to work in retirement.  See omnystudio.com/listener for privacy information.

Ryan Herbert discusses how much money you need when you stop working. He also talks about figuring out what you want to do in retirement and how you're going to afford it, because after all, we'd all love, "The Jimmy Buffet" retirement plan. Find us now on YouTube ! Subscribe to be notified of Shorts, our Video Podcast and more insights from the team at Prostatis Financial Advisors Group! Visit us...

It's not always easy to talk to a family member about retirement, but what are the most important topics to discuss? Mike Canet and Ryan Herbert break these down to help start the process. They also talk about the Tax cuts and Jobs Act, a.k.a. the Trump Tax cuts, which will be sunsetting in 2025. What actions should you be making right now?  See omnystudio.com/listener for privacy information.

How do wealthy people stay wealthy? Mike Canet and Ryan Herbert discuss the 4-step method that most wealthy individuals use to maintain their wealth. They also discuss how to reduce your taxes in retirement and Jay Leno talks about the financial plan he created years ago to set himself up for the future.  See omnystudio.com/listener for privacy information.

Will you outlive your life savings in retirement? Mike Canet discusses one of the greatest fears most retirees have, do I have enough money? He talks about the best ways to structure a your portfolio and how to withdraw your money in the most tax efficient manner possible.  See omnystudio.com/listener for privacy information.

Risk, taxes, and fees…which one is growing in your 401(k)? Is it all three? Do you know how can you get rid the problem? Mike Canet and Ryan Herbert discuss the tools you need to be using today to find out what is in your portfolio so you can avoid disaster.   See omnystudio.com/listener for privacy information.

When is the right time to access your 401(k)? Mike Canet and Ryan Herbert breakdown some of the most common mistakes people make when tapping into their 401(k). They also discuss how to sell a business in the most tax efficient manner possible, as well as what steps you should take before the sale.  See omnystudio.com/listener for privacy information.

A new survey shows that more than half of stay-at-home moms don’t have a retirement strategy. Are you creating a plan or leaving it in the hands of your spouse? Katherine Groce breaks down what she most commonly see's when a woman steps into her office looking to discuss their financial future. She also discusses the different thought processes between men and women when it comes to retirement. Se...

The MLB All-Star break is underway, we look at how teams are doing as they head towards the second half of the season, but when should you stop and look at your portfolio to make sure it’s heading in the right direction for a successful retirement? Ryan Herbert suggests the best time of the year to run an x-ray on your 401(k) and when should you start converting your funds into a Roth IRA. See omn...

You've received your last paycheck, so what now? Ryan Herbert discusses the transition from being in the workforce to finally saying you've retired. He also talks about working towards the freedom to retire on your own terms and how you should use your financial advisor as a tool for your portfolio.  See omnystudio.com/listener for privacy information.

What is financial independence? Mike Canet celebrates the 4th of July by sharing tips and stories about some of his clients who have achieved financial independence in retirement. He also discusses what you should be doing right now to make sure you're not being over taxed.  See omnystudio.com/listener for privacy information.

What do you need a financial advisor for? Mike Canet discusses the five reasons to hire an advisor and shares stories about how he’s been able to help his clients save on taxes. He also talks about how to utilize a deferred sales trust, where you should keep your money from a tax standpoint, and how to achieve the retirement you deserve.  See omnystudio.com/listener for privacy information.

How much money do you need to retire? Is there a magic number? Ryan Herbert discusses how to set up a budget to show you if you’re on track. He also talks about the financial tips he received from his father and what role artificial intelligence plays in the Prostatis office.  See omnystudio.com/listener for privacy information.

Do you have enough money to retire? Ryan Herbert breaks down the 5 most common mistakes made when it comes to finances in retirement. He also talks about the role both spouses should play when creating a plan and what to do if you outlive your significant other.  See omnystudio.com/listener for privacy information.

Is there a successfully proven system when it comes to playing the market? Can you plan your retirement solely off stocks? Mike Canet discusses ways to look at investing for the future and how to avoid the vicious cycle of paying unnecessary taxes in retirement.  See omnystudio.com/listener for privacy information.

What questions do you need to ask a financial advisor before giving them your life savings? Mike Canet breaks down what you need to know as a consumer to separate an average financial firm from a run of the mill box shop. He also discusses a new statistic regarding investing and your horoscope.  See omnystudio.com/listener for privacy information.

A new study shows that over 50% of stay-at-home moms don't have a retirement strategy. Ryan Herbert discusses how you can build a plan as a couple to take care of one another in the occasion that one person passes away. He also talks about a professional golfer who had to give up over half of his winnings, thanks to taxes. Are you living in the most tax efficient manner possible?  See omnystudio.c...

What is the first thing you should do when creating a retirement plan? Ryan Herbert discusses why creating an income plan that includes taxes is crucial to a successful retirement. He also talks about the significance as to why 59-and-a-half is such an important age and an NFL Quarterback shares some tips on how to save.  See omnystudio.com/listener for privacy information.

What is a deferred sales trust and how can you utilize one to reduce your taxes? Mike Canet and Ryan Herbert break down how you can properly set yourself up if you are a small business owner or preparing for the sale of a large amount of real estate.  See omnystudio.com/listener for privacy information.

Can a structured note provide a solution to your retirement portfolio? Mike Canet and Ryan Herbert discuss protecting your money as a new report states that 70% of people making 6-figures or more are stressed about their finances. They also talk about figuring out what your retirement income gap is and how you can use an annuity to your advantage.  See omnystudio.com/listener for privacy informati...

How much money should you be paying the government each year when you file your taxes? Mike Canet explains why a tax refund is not a good thing. He also discusses what you should be doing right now if you are filing an extension, how to take advantage of Roth IRA rules, and a former TV star talks about how an annuity changed his retirement plan. See omnystudio.com/listener for privacy information.

How much of your portfolio are you willing to lose? Mike Canet discusses the roller coaster of the stock market and the affects it can have on your retirement plan. He also talks about the saying, "don't worry the stock market always comes back," but is that true?  See omnystudio.com/listener for privacy information.