How to Retire on Time

“Hey Mike, why did mortgage rates go up after the Fed dropped rates?” Discover how the Fed’s rate works and why it is not correlated to mortgage rates, as many would assume. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, when do you start doing tax planning?” Discover various tax planning strategies you can implement based on your age and objectives. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, is it ever OK to dip into your principal?” Discover various ways to generate income and when it may make sense to dip into your principal. Hint: there are many variables that should be accounted for when considering the right path for you. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, I want to work with a financial advisor, but none of them seem to be able to beat the magnificent seven. If that’s true, why would I ever change what I have in my portfolio?” Discover the wisdom behind why professional financial advisors don’t go all in on a couple of stocks and why you may want to lower your exposure to the Magnificent Seven. Text your questions to 913-363-1234. Reques...

“Hey Mike, how do people manage their income in retirement? As in, do they get it once a year and have to spread it out? Do people get monthly checks?” Discover the mechanics of pulling income from your assets and turning it into monthly checks, like what you experienced in your previous job.  Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, can you break down the four strategies you use when investing in the stock market?” Discover the differences between absolute return models, fundamental analysis, momentum models, and indexing when you consider growth strategies for your portfolio. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, how do people navigate healthcare before they qualify for Medicare?” Discover the ins and outs of your health insurance options before you qualify for Medicare. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, how do you feel about Buffered ETFs? Would they work as a part of the reservoir strategy? Discover how buffered ETFs work and when they may make sense to include in your overall portfolio. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, what’s something you’ve learned over the years that changed how you invest people’s money?” Listen to Mike share his journey as he continued to challenge ideas and strategies that he was taught early on in his career as he pursued truth, and what was really best for the client. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, is a three year reservoir enough for retirement?” Discover the risks associated with having a smaller reservoir and why you may want to consider putting up to 60% of your assets in investments or products that offer principal protection when you retire.  Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, what is a good rate of return projection for a retirement plan?” Discover why the past few years of growth may not be the right indicator on how much you should expect in your portfolio growth over the next 30 years.  Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, do pensions affect when I file for Social Security?” Discover when your pension may cause you to delay your Social Security benefits until full-retirement age or later.  Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, do you or do you know someone who reviews portfolios for a flat fee?” Discover why it may not make sense to have a flat-fee advisor look over your portfolio for advice on your positions. Mike dives into the importance of strategies over positions. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, why do people put money in bonds and bond funds when equities do so well?” Discover the often missed risks associated with an equities (stocks) focused portfolio and why you may want to include other markets or assets classes when designing your portfolio for retirement.  Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

Join Mike, David, and other special guests as they discuss the importance of being charitable in your everyday life. From acts of kindness to monetary help, it all counts. Guests include Tammy Reid, Amy Cox, and Cindy McDavitt. Remember, charitable gifting is more than just a tax deduction… Charities highlighted in this episode:  https://givingmachineskc.org/ https://flourishfurniturebank.org/ Tex...

“Hey Mike, if the S&P averages 7%, then why would I not just put all my money in an ETF and take 6% each year?” Discover why retirement income planning is not simple and the risk you take when following oversimplified advice from social media influencers. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, what’s the Monte Carlo probability of success with your Reservoir strategy?” Discover the problems within the Monte Carlo simulation that may lead you to taking more risk than you realize. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, I’m getting pitched an IUL as a tax-free cash vehicle over doing IRA to Roth conversions. The growth potential is less than an IUL. What am I missing?” Discover when it may make sense to stick to funding your Roth IRA and when it may make sense to fund an Indexed Universal Life Insurance Policy (IUL). Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.your...

“Hey Mike, when does it make sense to file your taxes on your own versus having a professional file your taxes for you?” Discover when it makes sense to use a DIY tax preparation software and when it makes sense to hire a tax professional to help you prepare your tax returns. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, when would someone not want to do IRA to Roth conversions?” Discover when you may not want to convert some of your IRA assets to Roth. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, can you explain what ‘timing the market’ really means, when it’s bad, and when it makes sense to make adjustments?”  Discover what timing the market really means. Also, learn about how to make adjustments within your portfolio when the market gets shaky. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

It’s How to Retire on Time’s 100th episode. Thank you for joining us on this journey. Enjoy Mike and David reflecting on the past 99 episodes. Podcast listeners will also enjoy some generous giveaways. Offers only available until the end of 2024. Merry Christmas and Happy New Year! Text us at 913-363-1234

“Hey Mike, how do the wealthy get around paying taxes?” Discover many misconceptions about how the wealthy minimize taxes and what you can do to help minimize your taxes overall in retirement. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, what do you think of reverse mortgages?” Discover why Mike believes reverse mortgages should not be in your retirement plan. Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourwealthanalysis.com.

“Hey Mike, I was told that I should turn my hobby into a business so I can lower my overall taxes each year. Is this legit?” Discover when it makes sense to make your hobby into a business that would allow you to deduct certain expenses, and when you should not make your hobby into a business in retirement.  Text your questions to 913-363-1234. Request Your Wealth Analysis by going to www.yourweal...