Your Retirement Elevated Podcast with Scott Dougan

Have you heard about the new popular investment, I bonds? What are the pros and cons surrounding these bonds and are they the right fit for you?   More on I Bonds: https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm   Key topics on this show:  1:31 – What kind of questions are we getting? 2:22 – Breaking down the I bond news 4:21 – How should we approach understanding these? 5:32...

Anytime you meet with a financial advisor, you need to determine if your plan needs more review. On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re sharing the five critical questions you need to ask.   Key topics on this show:  3:58 – Vacation now or later 6:17 – Adequate review 9:36 – Tax plan 12:00 – Income and liquidity 13:59 – Risk 15:34 – Heirs   Read more and get a...

The ability to delay gratification – people who have this quality are more likely to succeed than any others, according to a study. Today we’ll share how this can help with your financial life.   Read more and get additional financial resources here: http://listentoscott.com     What we discuss in this episode:  2:44 – Marshmallow study 7:56 – Our clients 9:20 – More about the experiment

Today’s show is a fun one. Bias is one of our favorite topics, and cognitive bias is fascinating, especially as it relates to money. Find out what these biases are and how to implement more rational thinking into your life.   Article discussed today: https://www.visualcapitalist.com/50-cognitive-biases-in-the-modern-world/   Read more and get additional financial resources here: http://listentosco...

The stock market has been on the decline. But is this normal, or is this time different? How should we handle the drop? We’ll share what advice we give clients and how you can handle the ups and downs with confidence.   Read more and get additional financial resources here: http://listentoscott.com     What we discuss in this episode: 2:00 – Why is the market going down? 5:36 – Volatility is quick...

A recent USA Today article pointed out three murky issues that increase retirement planning’s degree of difficulty, especially in today’s economic climate. On this episode, we’ll breakdown the article to see if the murky issues are actually that threatening, and what you can do about it if you’re concerned.   Read more and get additional financial resources here: http://listentoscott.com     What...

After listening to today’s episode, you’ll never attend another baseball game with the family and look at it the same way. We’re going to show you how taking some of baseball’s most basic principles can also lead to financial success in your retirement portfolio. So, grab your peanuts and crackerjacks and let’s take the financial field.   Read more and get additional financial resources here: http...

We’ve had no shortage of bad news in the news lately, but don’t panic. Remember, this too shall pass. We’ll share how we walk with clients through troubling times and keep their finances in order   Read more and get additional financial resources here: http://listentoscott.com     What we discuss in this episode:  1:20 – Crisis du jour 3:22 – Focus, not fear 6:55 – Can’t speculate 9:11 – Fear 10:3...

Planning for retirement is relatively complex. There are a lot of different moving parts and factors to consider. Adjusting any of these variables can impact the end result. But is there one part of the retirement planning process that’s most important?   Read more and get additional financial resources here: http://listentoscott.com     What we discuss in this episode:  2:07 – Deciding what you d...

There are some things in life you can’t predict, but you can try to plan for them. For example, when is the next market crash going to happen? We don’t know, but here’s how you can prepare for this and other things in your financial life.   Read more and get additional financial resources here: http://listentoscott.com     What we discuss in this episode: 3:01 – Market crashes 6:57 – Health care 1...

On this episode, we’ll breakdown a CNBC article that analyzes a recent Morningstar study. The study found that most of us have at least one money bias, some of us more than one, and that those biases are very possibly costing us money in our checking, savings, investing and retirement accounts. Listen to see if you might be impacted by a specific money bias and for strategies to get it back under...

Today’s show is a special edition. We recently held a webinar with other financial advisors to talk about the state of the markets in 2022. We’ll get you up to date on stock market volatility and provide some perspective on the economy.   Read more and get additional financial resources here: http://listentoscott.com     What we discuss in this episode: 3:02 – Quotes 7:37 – Politics vs. policy 13:...

If retirement is on your mind, then listen up. Today’s show is a 5-part checklist that’ll help measure if you’re in good financial health and set yourself up for retirement success.    What we discuss in this episode:  1:53 – Spend less than you make 2:47 – Future tax implications 5:06 – Know your retirement plan 6:54 – Retirement income plan 8:07 – Don’t worry about financial future 10:14 – Bonus...

You might not be able to follow through on all 22 of these resolutions, but implement even just a few of these and you’ll be well on your way to a more prosperous financial life in the coming year.     Read more and get additional financial resources here: https://listentoscott.com/podcasts/22-money-resolutions-for-2022/     What we discuss in this episode:  5:43 – Reducing debt 6:10 – Boost savin...

Few people can pronounce “fiduciary” correctly, let alone describe it and explain how it impacts their world. It is a really important thing to grasp and be able to explain. So today, we’ll discuss what it means to be a fiduciary and some questions you can ask your financial advisor.   Read more and get additional financial resources here: https://listentoscott.com/podcasts/what-is-a-fiduciary-and...

As the end of the year quickly approaches, here are some last-minute tax issues you need to get in order before Jan. 1, 2022. Find out how RMDs, charitable contributions, and more could impact your taxes.   Read more and get additional financial resources here: https://listentoscott.com/podcasts/what-to-know-about-end-of-year-taxes/   Check List: Click Here   What we discuss in this episode:  3:47...

Time is undefeated. Nobody outlasts time. One of the big questions that people have, when they seek our advice, is: Will we be OK financially and have money for the rest of our lives? We’ll let you know what steps you must do to get there.      Read more and get additional financial resources here: https://listentoscott.com/podcasts/time-is-undefeated/   Jesse Itzler YouTube video: https://www.you...

In today’s world, the news is everywhere. How does this affect our brain and decision-making? Did you know that constantly obeying our ancient drive to focus on the negative can make us miserable?   Read more and get additional financial resources here: https://listentoscott.com/podcasts/your-brain-on-news/     What we discuss in this episode:  2:10 – Ground News 6:32 – How we got here 9:34 – Here...

Overconfidence in your financial life can sometimes lead to destruction. Find out if any of these examples apply to you and why you can’t put too much confidence in any of these planning areas.   Read more and get additional financial resources here: https://listentoscott.com/podcasts/how-overconfidence-can-lead-to-financial-destruction/     What we discuss in this episode:  6:00 – Stock markets 9...

Today we’re sharing some wisdom from motivational speaker and coach Tony Robbins about the importance of feeding your mind. Find out five ways you can live your best post-pandemic life.   Read more and get additional financial resources here: https://wp.me/paeENs-cM   Watch Tony Robbin's video: https://www.youtube.com/watch?v=Aupn1QUSxdw&t=25s   Chili Recipe: https://www.meatchurch.com/blogs/recip...

Believe it or not, Mick Jagger has dispensed a lot of retirement planning wisdom in his life. Granted, he didn’t mean for these statements to have anything to do with money when he said them, but we’re here to weave these quotes into a financial lesson.   Read more and get additional financial resources here: https://wp.me/paeENs-cA     What we discuss on this episode:  2:52 – The past 4:28 – Losi...

There’s an old quote that says, “Age is the price of wisdom.” Today, we’re talking about how that applies to the financial world. Ask yourself, have you changed your opinion on money and saving for retirement as you’ve gotten older?   Read more and get additional financial resources here: https://wp.me/paeENs-cw     What we discuss on this episode:  3:30 – Changing perspectives 6:15 – Regrets 8:52...

On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re sharing the four most common financial questions we get and how we answer them.   Read more and get additional financial resources here: https://wp.me/paeENs-cp     What we discuss on this episode:  3:45 – When can I retire? 5:55 – Do I have enough? 7:41 – Will my money last as long as I do? 8:34 – Will I be OK?

On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re talking about blind spots in your retirement. Most retirees and pre-retirees have them in their retirement plan – things they never knew they needed to be thinking about.   We’ll explain how each of these blind spots can cause problems.   Read more and get additional financial resources here: https://wp.me/paeENs-cl     W...

Clients often ask us how long they need to keep important documents on file. Today, we’re sharing a checklist of what you need to save and why.   Read more and get additional financial resources here: https://wp.me/paeENs-ca     What we discuss on this episode:  7:15 – Taxes 8:54 – Health care 9:54 – Legal 11:13 – Assets and debts 12:55 – Other documents