Take Control: Who’s Really Managing Your Retirement?
Retirement is meant to be a time of freedom and enjoyment, but are you truly in charge of your financial future, or is it controlling you? Too often, I talk to retirees who are letting fear or indecision shape their retirement. Whether it’s trying to avoid taxes, delaying Roth conversions, or ignoring the need to plan for long-term care, these choices can lead to worry and stress — even in retirement.
When your retirement plan is set up the right way, you can enjoy life without stressing about the economy or politics. In this episode, we dive into strategies to help you take back the reins and ensure your retirement plan works for you so you can enjoy it fully — no matter what comes your way. Listen in to learn how to make your retirement truly yours.
Year-End Retirement Planning: 10 Essential Checklist Items
As the year comes to a close, it’s the perfect time to review your financial plan and ensure you’re set up for a successful retirement. In this episode, we walk through a 10-point checklist to help you maximize savings, optimize taxes, and fine-tune your retirement strategy before the new year begins.
1. Required Minimum Distributions
2. Roth conversions
3. tax-loss harvesting
4. tax bunching
5. Medicare
6. charitable contributions
7. evaluating your estate plan
8. budgeting and cash flow planning
9. evaluating your risk exposure
10. making sure you have the appropriate investments for your phase of life
Listen in.
Thankful in Retirement: 7 Reasons to Celebrate This Thanksgiving
In this special Thanksgiving edition of our podcast, we’re counting blessings that retirees in the U.S. can truly be thankful for. We explore 7 surprising reasons to feel gratitude, from groundbreaking medical advances and the joy of friends, family, and hobbies to the ability to amass wealth, plan a legacy, and enjoy financial freedom. We also touch on how access to information, financial advisors, and a fair tax system contribute to a peaceful and stress-free retirement. Listen in for an uplifting reminder of why retirement in America is something to be truly thankful for.
Why Generating Income Beats Selling Shares in Retirement
When planning for retirement, one of the biggest challenges is ensuring your money lasts as long as you do. But what’s the best way to generate that income? Should you rely on interest and dividends, or sell off shares as needed? In this episode, we break down the key differences between the income method—earning from interest and dividends—and the withdrawal method, which involves selling shares to fund your expenses.
If you’re a regular listener, you probably know which strategy we strongly advocate. Tune in to learn why creating a sustainable income stream can provide more stability, protect your principal, and give you greater financial peace of mind throughout retirement.
Exploring Retirement Income Streams
In this episode, we take a comprehensive look at the diverse income sources available to help you make the most of your retirement savings and ensure they last as long as you do. Tune in as we explore key strategies, including:
- Maximizing Social Security benefits
- Contract-based investments
- Real estate investment trusts (REITs)
- Preferred stocks for steady returns
- Bonds as a foundation for income stability
Whether you’re planning for retirement or already enjoying it, this episode is packed with insights to help you build a sustainable financial future.
Listen in.
Financial Foundations: Our 4 Guiding Principles
This week’s podcast is an inside look at the four guiding principles that shape our financial planning approach at Providence Financial. Discover how these principles can help you build a strong financial foundation, navigate economic changes, and reach your goals with confidence.
We will discuss each principle in detail, exploring how they drive smart investment strategies, income security, risk management, and long-term growth. Whether you’re just starting your financial journey or looking to refine your retirement strategy, this show is for you! Listen in.