Your Retirement Radio With Kevin Madden

We’ve talked a lot about how the bond market is also having a horrible year.  That’s why many investors are seeking ideal bond replacements.  Sheryl Moore of WinkIntel.com believes you might consider an annuity. Hear Kevin share his opinion and more. The newest iPhone has a pretty cool feature called “crash detection.”  Just like it sounds, the phone detects various types of car crashes, then auto...

The Wall Street Journal did a feature on four people in retirement.  Each had saved between 1 and 2 million dollars.  Each spend about 100-thousand dollars a year.  You would think they had secured a comfortable retirement, yet there were stories about cutting back on spending due to inflation, taxes, carrying a mortgage, and worries about market losses.  The only person who seemed secure was the...

The debate continues over whether we’re in a recession.  It doesn’t seem like it when the market is heading back up, employment is great, and gas and grocery prices are starting to come down. If you plan to retire next year, how can you do it with confidence even if we are in a recession? People in their 40s and 50s who are watching their 401(k)s taking a hit during this stock market volatility pr...

President Biden has just signed the “Inflation Reduction Act.”  It includes $80 billion toward beefing up the IRS’ tax enforcement division.  Kevin explains how he helps his clients with tax planning year round and how being tax efficient NOW helps your taxes in the future! Then, the #1 fear is running out of money but some retirees worry too much – almost to the point of depriving themselves by n...

If you’re planning to pass on wealth to your children, have you had a conversation with them about it?  A new study (by Ameriprise) found that less than 20% of parents have been transparent, and only one in four in that category have introduced their heirs to a financial advisor.  At what point should parents have “the talk” with their kids? Then, do you think you pay too much in taxes … or too li...

So are we in a recession?  Some financial experts think so, but are we really?  Kevin tells that's it's too early to tell and how to prepare your retirement portfolio.  The 60/40 Rule was a common strategy for a retirement portfolio.  60 percent stocks and 40 percent bonds what makes up that portfolio.  Is this still a smart strategy and is it still relevant?  Taxes in retirement is an important t...

On this episode, you'll hear about the rising interest rates currently happening.  Is this a time to take more risk in your portfolio?  Kevin explains what that means.  Also, is this down market a good opportunity to invest more?  And what is the 4 Percent rule and what is the ideal withdrawl rate.   See omnystudio.com/listener for privacy information.

On this episode Kevin explains how important his Retirement Roadmap is for his clients and for those who are not clients.  As this market continues to drop, how much lower will it go?  Looks like we have a long way to go.  Do you know the fees in your 401k?  Kevin tells you where to find them and how to avoid them.  And finally, with inflation rising, how do you keep from dipping into your retirem...

Have you ever thought about the difference between being wealthy and being rich?  Doesn't seem like much of a difference.  But there is.  We'll get Kevin's take on this topic.  Also, with the advancement of medicine, people are living longer than ever before.  So, how does this affect your portfolio?  There some interesting reasons why people don't prepare to live into their 90's.  Kevin explains...

On this episode, Kevin endorses a book by author and retirement specialist Patrick Kelly called "Stress Free Retirement" and delves into how he uses many of Patrick's philosophies in his practice.  Topics such as; Getting a Second Opinion, Guaranteed Income and Don't Lose Money are all featured here.   See omnystudio.com/listener for privacy information.

With interest rates rising, what's a solution to not losing money in your savings?  How about a Fixed Annuities?  Kevin give his two cents on this.  Also, is the 60/40 Rule dead?  With bonds not paying what they used to, what strategies can be used?  See omnystudio.com/listener for privacy information.

As we're experiencing this volatile market, are you able to retire in this uncertain time?  It all depends on stress.  Also, we hear from retired NBA superstar Shaquille O'Neal and how much more he makes now, than he did when he played and how to make extra income after you retire.  Depending where you live, a million dollar in your 401k won't go far in some markets.  But should this affect where...

On this episode, Kevin explains the 4 Percent Rule and how the current high inflation will affect this.  Also, when you see the "check engine light" go on in your car, it immediately triggers those who fear a costly repair.  But does your retirement plan have a "check engine light."  Find out more here. See omnystudio.com/listener for privacy information.

On this episode, Kevin delves out advice on how to deal with inflation concerning your portfolio.  Also, now that interest rates are at an all-time high, is it a good time to start buying CD's?  And what does Asset-Rich mean?  And we'll get some insight into the mind of financial mogul Warren Buffet. See omnystudio.com/listener for privacy information.

Do you know the right age that you should be taking your social security?  Most people think they have an exact age, but this is rarely the case.  Find out what the right age is for you on this episode.  Frank and Frankie tell a story of how they advised a client and developed a strategy to choose the right time.  Also, paying taxes once you retire is a reality.  And having a strategy for savings...

With inflation at all-time highs, how are you prepared? Kevin talks about how you need a sound financial plan and how to get there.  With the Fed raising rates, this makes shopping for an annuity a bit more difficult.  Not to worry, because Kevin tell you what the right one is for you.  And with many companies offering those people who are ready to retire, but not totally, a solution is shown that...

With Inflation the highest it's been in years, how is the affecting your plan?  Kevin talks about how he builds this into his plans and ease your mind.  Also, running out of money in retirement is the biggest fear of those who are retired.  What's the solution?  An annuity? See omnystudio.com/listener for privacy information.

Are you ready to leave work and retire full time?  If you're worried about being totally unemployed, are you ready for this?  In this episode, Kevin has an idea to help the transition.  How about a part-time job, even with your current company, to ease you into total retirement. See omnystudio.com/listener for privacy information.

On this episode Kevin talks about how to keep your tax money away from Uncle Sam.  Do you have a plan to do so?  He will tell a story of how he helped a client do that.  Also, what are the positives of having a financial advisor?  For one, it's money. See omnystudio.com/listener for privacy information.

What is an annuity? Are they really good or bad? Wall Street seems to be coming around on them.  On this episode, Kevin tells you a way that can be better than having a 401k as your main income source in retirement. See omnystudio.com/listener for privacy information.

Market Volatility is on the minds of most people right now.  How can you handle this?  The first part of this show, Kevin explains what to do and how to deal with it. Also, when is the right time to take your social security when you're married.  You'll be surprised by what Kevin's strategies are for this. See omnystudio.com/listener for privacy information.

If you don't have an annuity, should you get one?  Well, there are many to choose from, so which one is best for you?  On this episode, Kevin explains what they are and if they're right for you.   See omnystudio.com/listener for privacy information.

As we're dealing with volatility in the market, how should it be dealt with?  Should you panic and sell your assets?  On this episode, Kevin talks about strategies to help you through these uncertain times and keep your portfolio on the up and up. See omnystudio.com/listener for privacy information.

Many people in this country do NOT have a written plan for their retirement.  What happens if you are forced to retire early? Or if you want to retire early?  That complicates matters.  On this episode, Kevin talks about why you need and should have a written plan for the future. See omnystudio.com/listener for privacy information.

Inflation is all around us.  And it's not going anywhere.  So, how do you handle this with your portfolio?  In this episode, Kevin walks you through different strategies on how to make better returns on your money.  Is a Fixed Index Annuity a good solution?  And what about that "lazy" money you have that's not accruing any interest?  Find out more about this now. See omnystudio.com/listener for pr...