In this conversation, Steve and Derrick from discuss the importance of creating a personal pension for retirement, especially in the absence of traditional pensions. They emphasize the need for proactive financial planning, including tax strategies and addressing common fears about retirement. The conversation also touches on the future of Social Security and the necessity of having a solid plan in place to ensure financial security in retirement. PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY See omnystudio.com/listener for privacy information.

In this conversation, Steve and Derrick discuss the pressing issues surrounding national debt, tax strategies for retirement, and the importance of personal finance management. They emphasize the need for effective retirement planning and the services they offer to help individuals navigate their financial futures. The discussion highlights the emotional aspects of financial decisions and the necessity of understanding one's spending habits to ensure a secure retirement. PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

Steve and Derrick discuss the importance of having a solid retirement plan amidst economic uncertainties. They emphasize the need for individuals to focus on their personal financial situations rather than external economic predictions. The discussion covers risk management, the significance of sustainable income, tax strategies, and the emotional aspects of retirement planning.   PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

This conversation delves into the complexities of retirement planning, focusing on withdrawal strategies, the impact of inflation, and the importance of having a comprehensive financial plan. Steve and Derrick emphasize the need for diversification in assets and the significance of understanding market conditions when planning for retirement. They also discuss the rising costs associated with the American dream and the necessity of optimizing Social Security benefits. Ultimately, the conversation highlights the importance of having a tailored retirement plan to ensure a high probability of success.  See omnystudio.com/listener for privacy information.

takeaways 73% of people report anxiety due to the election. Proactive financial planning is crucial in uncertain times. Investment strategies should account for market volatility. Inflation significantly impacts retirement savings. Couples often have differing financial perspectives. Staying informed about IRA and 401k changes is essential. Diversification is key to a stable retirement portfolio. The psychological aspect of money management is important. It's vital to create a retirement income strategy early. Taking action now can prevent future financial stress.   PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

In this conversation, Steve and Derrick discuss the critical aspects of retirement planning, focusing on the implications of potential tax changes, the importance of having a detailed retirement plan, and common misconceptions that individuals have about retirement income. They emphasize the need for proactive management of retirement funds, particularly 401(k)s, and the necessity of understanding one's financial situation to avoid pitfalls in retirement planning.  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

The conversation focuses on the importance of comprehensive retirement planning, emphasizing the role of 401(k)s, income strategies, emotional aspects of retirement, and the need for effective tax strategies. Steve and Derrick discuss common mistakes individuals make regarding retirement, including the handling of Required Minimum Distributions (RMDs) and the significance of having a well-structured financial plan to navigate market volatility and economic uncertainties.  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY  See omnystudio.com/listener for privacy information.

Steve and Derrick discuss the implications of falling interest rates on retirement planning, the importance of refinancing retirement, and the fears surrounding income security in retirement. They emphasize the need for long-term care planning and estate planning to secure one's legacy. The discussion highlights the interconnectedness of financial planning, tax strategies, and estate planning, urging listeners to take proactive steps in managing their financial future. PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

Steve and Derrick emphasize the importance of creating income strategies that can withstand economic fluctuations, particularly in light of political uncertainties. The discussion also covers the significance of proactive financial planning, legacy considerations, and the need for comprehensive financial reviews to ensure clients are well-prepared for retirement. PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

Today's conversation revolves around the rising costs of groceries, gas, and everyday expenses, and the need for a solid income strategy in retirement. The hosts discuss the importance of evaluating and adjusting income plans to keep up with inflation. They also explore the outdated 4% rule for retirement withdrawals and advocate for utilizing fixed index annuities to generate higher income. The conversation emphasizes the need for professional guidance in retirement planning and the risks of relying solely on DIY approaches.   PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

Steve and Derrick discuss the importance of tuning out the noise and focusing on what you can control when it comes to financial planning. They emphasize the need to have a plan in place and not let fear and uncertainty drive your decisions. They also discuss the impact of the upcoming election on finances and advise against making drastic changes based on political outcomes. Lastly, they discuss the potential interest rate cuts by the Fed and the implications for fixed income investments.  Get Your Election Protection Plan NOW! See omnystudio.com/listener for privacy information.

The importance of diversification, the impact of market volatility, the benefits of annuities, understanding Social Security, and strategies for maximizing retirement income. Steve and Derrick emphasize the need for a holistic approach to retirement planning and highlight the expertise of the Hoyl Financial Group in providing personalized strategies for clients.   PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

Episode Takeaways:  Market volatility is inevitable and will occur multiple times during retirement, so it's important to have a proper retirement strategy and diversification. Being proactive in retirement planning is crucial, and waiting for things to happen and then reacting is not a good strategy. Having a customized portfolio that matches an individual's risk tolerance and income needs is essential. In-service rollovers for 401(k) plans can provide more control and flexibility in retirement planning. Regardless of the election outcome, having a plan in place and working with a trusted advisor is key to navigating potential changes and uncertainties.  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY! See omnystudio.com/listener for privacy information.

Many Americans plan to retire in their early 60s, but this may not be a wise decision due to financial considerations. Leaving work at 62 means having to pay for medical bills until Medicare kicks in at 65, and even then, Medicare doesn't cover everything. Retirees often overlook the Medicare gap, which can cost around $2,000 per month per person. This can put a significant strain on their portfolios. Planning for healthcare coverage and having the necessary assets to support it is crucial. Annuities can be a solution for funding healthcare coverage and providing guaranteed income in retirement.  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAYSee omnystudio.com/listener for privacy information.

Consider doing a Roth conversion before the expiration of the Trump tax cuts to take advantage of lower tax rates now. Plan for tax-free income in retirement by strategically converting a portion of your retirement nest egg to a Roth IRA. Be proactive in preparing for potential changes to Social Security by creating a retirement plan that takes into account the possible reduction in benefits. Diversify and protect your investment portfolio to mitigate the impact of market bubbles and potential market downturns. Factor in location, cost of living, and healthcare costs when planning for retirement to ensure your savings last throughout your retirement years. Get your FREE Tax Planning Analysis! See omnystudio.com/listener for privacy information.

Planning for retirement and taking control of your financial future is crucial, especially during uncertain times like an election season. It's important to have a proactive approach and not let external factors dictate your financial decisions. Market crashes and downturns are inevitable, so it's important to have a market downturn protection plan and proper allocation diversification.  Get your FREE Portfolio Review TODAY! See omnystudio.com/listener for privacy information.

The conversation discusses various topics related to retirement planning, including the impact of the Dow Jones surpassing 40,000 on 401k investments, the importance of understanding fees and fund selection in 401ks, the potential for interest rate hikes and their effects on the economy, the challenges of high interest rates and inflation on retirees, the need for debt management and emergency funds, the importance of diversification and avoiding excessive risk aversion, the considerations of claiming Social Security benefits and long-term care planning, and the significance of estate planning in retirement.   Get your Portfolio Review for FREE NOW!  See omnystudio.com/listener for privacy information.

Planning for retirement is essential for financial success and peace of mind. Many people in their 50s feel they will never be able to retire because they haven't consulted with financial professionals. Having a financial plan and working with a professional can provide a path to financial success. Procrastination and fear of the unknown often prevent people from taking action. DIY retirement planning is not recommended, as it can lead to gaps and mistakes. It is important to have a written plan, be proactive, and be realistic about savings and expenses.   Get your FREE Portfolio Review TODAY!  See omnystudio.com/listener for privacy information.

In this episode Steve and Derrick delve into the challenges of do-it-yourself (DIY) approaches to retirement planning. Inspired by their own DIY home repair stories, they draw parallels to the complexities and potential pitfalls of managing your own retirement. Discover why relying solely on Google for your retirement strategy can lead to costly mistakes, and how professional guidance can fill critical gaps in your financial plan. Get your FREE Portfolio Review! See omnystudio.com/listener for privacy information.

Steve and Derrick tackle the old Wall Street adage "Sell in May and Go Away." Discover why this outdated advice might not align with your investment goals today. Learn about the importance of long-term planning, the pitfalls of target date funds, and how a personalized approach to retirement planning can make all the difference. Plus, hear insights from Warren Buffett on taxes and legacy planning, and understand how recent tax changes could impact your financial future.  Schedule your personalized portfolio review NOW! See omnystudio.com/listener for privacy information.

Learn why it's crucial to have a diversified portfolio, the potential pitfalls of gold IRAs, and the impact of consumer confidence on investment decisions. With practical advice and heartwarming anecdotes, this episode is a must-listen for anyone looking to balance financial security with the joy of making lasting memories in retirement.  Get your FREE Portfolio Review TODAY! See omnystudio.com/listener for privacy information.

In this episode, Steve and Derrick dissect the impact of the upcoming 2024 election on retirement finances, discussing market volatility, potential recessions, and the looming specter of Social Security uncertainty. From analyzing the aftermath of Tesla layoffs to dissecting the nuances of annuities and tax-saving strategies, Steve and Derrick offer invaluable insights and actionable advice to safeguard your financial future.  Call Steve today for your FREE Portfolio Review! See omnystudio.com/listener for privacy information.

Many Americans are retiring early, but this poses challenges such as healthcare costs and the lack of social security income. Planning for retirement is crucial to address these challenges. A 401k is only one part of the financial puzzle, and there are many other aspects to consider, such as social security, insurance, long-term care, and different investment options. Having a tax strategy is important to minimize the tax burden on inherited assets. It's essential to have a comprehensive plan and consider different strategies to protect and grow your retirement funds. Get your FREE Tax Planning Analysis! See omnystudio.com/listener for privacy information.

The conversation focuses on retirement planning and the importance of generating income during retirement. Steve and Derrick discuss the misconception of relying solely on a specific savings number and emphasize the need for guaranteed sources of income like Social Security. They also highlight the benefits of fixed annuities and the potential risks and fees associated with variable annuities and 401(k) plans. The conversation concludes with a discussion on the importance of controlling taxes and fees and the need for a comprehensive retirement plan. Call Steve today for your FREE Income Review! See omnystudio.com/listener for privacy information.

In this episode, Steve and Derrick delve into the importance of meticulous planning, tax strategies, and risk assessment to ensure a smooth transition into retirement. Learn how to create a sturdy income plan that lasts through retirement and discover strategies for managing financial risks effectively. From navigating Social Security to mitigating market volatility, Steve and Derrick provide insights into building a retirement plan that stands the test of time.   Get your CUSTOM Income Review TODAY! See omnystudio.com/listener for privacy information.

Are you approaching retirement and feeling overwhelmed by the financial planning process?  On todays episode we will discuss...  The importance of acknowledging and managing your emotions when planning for retirement. How to create a realistic budget that considers future expenses, including potential assistance for your children. Why having a consistent, dependable income stream is crucial for a stress-free retirement. Strategies to avoid the biggest threat to your retirement security: market downturns. How tax laws can impact your retirement income and the benefits of tax-planning strategies. Get your FREE Retirement Roadmap! See omnystudio.com/listener for privacy information.

Steve is joined with special guest Shawn O'Keefe, and they explore a crucial tax strategy for maximizing wealth. Discover how this unique approach allows sellers of highly appreciated assets to defer capital gains taxes, keeping more money working for them. Whether you're a small business owner, entrepreneur, or investor, this strategy offers a game-changing exit plan while preserving your hard-earned wealth. Shawn delves into the intricacies of this tax-saving method, shedding light on its applicability to various asset types and its potential for estate planning.    If you would like more information about this Tax Deferred Strategy call Steve today!  See omnystudio.com/listener for privacy information.

Discover the importance of having a solid tax strategy in retirement, as Steve and Derrick discuss the significant impact taxes can have on your retirement income. Learn why merely having financial assets isn't enough and how a comprehensive tax plan can optimize your financial future. Delve into practical steps to develop a customized tax plan tailored to your goals and circumstances. From identifying tax-saving opportunities to executing strategic Roth conversions, Steve and Derek provide actionable advice to minimize tax burdens and maximize retirement savings.  Get your custom Tax Plan TODAY! See omnystudio.com/listener for privacy information.

Learn why understanding your retirement income potential is crucial for living your best life post-retirement. Explore heartwarming stories of clients who have embraced their golden years with joy and fulfillment, debunking the myth of dwindling opportunities in retirement. Gain valuable tips on crafting a retirement plan that aligns with your goals, dreams, and desires. Whether you're a seasoned retiree or preparing for the journey ahead, tune in to discover how you can live a retirement filled with purpose, passion, and prosperity. Call Steve today for your Complimentary Portfolio Review! See omnystudio.com/listener for privacy information.

Discover actionable insights to safeguard your wealth against inflationary pressures and market uncertainties, as Steve and Derrick provide expert guidance on building a comprehensive retirement income plan. From Roth conversions to diversification strategies, learn how to maximize income streams and mitigate risks in an evolving financial landscape. Whether you're a seasoned investor or just starting to plan for retirement, this episode offers invaluable advice to help you navigate the complexities of tax-efficient retirement planning. Tune in to RetireTexasStyle.com to learn more and schedule a personalized consultation with the Hoyl Financial Group today.See omnystudio.com/listener for privacy information.

From the impact on standard of living to the division of assets and retirement planning, Steve and Derrick provide valuable insights into the financial repercussions of divorce. They emphasize the importance of total re-planning and proper financial guidance to mitigate the challenges of starting over. Additionally, they discuss crucial factors such as Social Security benefits, healthcare costs, and long-term care planning that often accompany life transitions like divorce or widowhood. Whether contemplating divorce, facing widowhood, or simply seeking clarity on retirement planning, this episode offers actionable advice and strategies to empower listeners in making informed financial decisions. Call Steve today for your Retirement Income Review - make sure your financial house is in order !   See omnystudio.com/listener for privacy information.

Despite his immense wealth, Shaq's journey to financial stability offers valuable lessons for everyone. Learn how Shaq leverages his trusted advisors to evaluate business offers and secure his financial future. Discover the importance of having a non-emotional approach to financial planning and how it can lead to long-term success. Steve and Derrick explore the challenges faced by professional athletes and small business owners alike, emphasizing the need for strategic financial planning to ensure a comfortable retirement. Protect Your Retirement Savings Today! See omnystudio.com/listener for privacy information.

Discover how timing plays a crucial role in Social Security elections and how making informed choices can significantly impact your retirement income. Learn from real-life examples, including one where a client preserved their benefits by understanding the implications of their decision. Don't leave your retirement to chance—tune in to this episode to gain practical tips and strategies for optimizing your Social Security benefits and achieving financial security in retirement. Call Steve today for your complimentary SS Optimization Report! See omnystudio.com/listener for privacy information.

Discover how Ruth's purchase of an annuity in the 1920s provided him with financial security during the tumultuous years following the Great Depression, offering valuable lessons for today's retirement planning. In this episode, Steve and Derek discuss the evolution of annuities and the importance of choosing the right annuity to meet individual financial goals. Learn about the benefits of modern annuity options, including guaranteed principal and income, and how they can provide peace of mind in retirement. The conversation also delves into the potential future of Social Security benefits and innovative solutions like the Social Security Risk Score, exclusive to Hoyl Financial Group clients. Call today for your SS Risk Score and Annuity X-Ray! See omnystudio.com/listener for privacy information.

Join Steve and Derrick as they discuss the fascinating retirement plans of Tyler Perry and unveil common retirement myths. From Tyler Perry's vision of a laid-back retirement to the reality of financial planning, this episode offers valuable insights into retirement preparation. Explore the importance of having a personalized retirement plan tailored to individual needs and aspirations. Learn why merely having money saved isn't enough without a clear vision for retirement. Then, Steve and Derek debunk myths surrounding retirement taxes and shed light on strategies for tax-efficient retirement income. Discover how proper tax planning can pave the way for a tax-free retirement and legacy for future generations. Get ready to challenge conventional retirement wisdom and gain practical tips for securing your financial future.  Meet with Steve and Derrick today! See omnystudio.com/listener for privacy information.

In this episode, Steve and Derrick share insights on overcoming financial mistakes, handling unexpected challenges, and crafting a secure financial future. Discover how Steve and his team help clients navigate through credit card debt, auto loans, and retirement planning intricacies. Whether you're a risk-taker in the oil fields or someone cutting coupons at home, Steve and Derek provide practical advice and emphasize the importance of seeking professional guidance. Don't let financial uncertainties control your retirement dreams—learn how to take control and secure peace of mind. Visit retiretexasstyle.com to connect with Hoyl Financial and start your journey toward a confident retirement.See omnystudio.com/listener for privacy information.

Join Steve and Derrick as they address the implications of the Trump tax cuts signed into law in 2017. With these cuts set to expire soon, Steve and Derrick discuss the potential impact on individual tax rates, standard deductions, and more. Learn how to proactively plan for changes in tax policies, ensuring your retirement remains secure. Discover strategies to safeguard your hard-earned money, including insights on tax efficiency, Social Security optimization, and the critical role of a Roth conversion. Don't let uncertainty cripple your finances—tune in to gain valuable insights and take control of your financial future. Visit retiretexasstyle.com to connect with Steve and Derek and stay informed about securing your retirement.See omnystudio.com/listener for privacy information.

In this special edition, Steve is joined by David Duley, the founder of the Social Security Risk Score. Dive into the crucial discussion about the future of Social Security and how it impacts your retirement. As 2024 unfolds with uncertainties, they explore the individual decisions surrounding Social Security, potential income gaps, and strategies to fill them. Learn about the innovative Social Security Risk Score tool that can assess your unique circumstances and provide a tailored risk analysis. Understand the significance of planning ahead, taking action within the 10-year planning horizon, and securing your retirement income from potential policy shifts. Call Steve today for your complimentary Social Security Risk Score! See omnystudio.com/listener for privacy information.

Are you feeling like you can never get ahead financially, no matter your income? You're not alone.  The staggering reality is that the typical American household must spend an additional $11,434 annually just to maintain the same standard of living as of January 2021. Learn how inflation isn't just a number on the news but a silent force impacting your daily life, from grocery bills to over-the-counter medication. The hosts expose the hidden factors that affect middle-class America the most, such as rising costs of food and gas. Call Steve and Derrick today and inflation proof your income plan! See omnystudio.com/listener for privacy information.

In today's episode, Steve and Derrick break down the intricacies of 401K rollovers. With a surge in interest, as highlighted by a 150% increase in requests for advice, the hosts shed light on the expected $760 billion rollover market this year.  Don't miss this empowering episode that will equip you with the knowledge to take charge of your retirement journey. Whether you're considering a rollover or planning for the future, Steve and Derrick provide actionable advice to set you on the path to financial security. Visit retiretexasstyle.com and take the first step toward a retirement tailored to your needs.See omnystudio.com/listener for privacy information.

Join Steve and Derrick for this eye-opening episode as they dissect the traditional 4% rule for retirement spending. The landscape has changed, and the rule has evolved. Learn why withdrawing 4% in the first year may no longer be sufficient and why aiming for around 4.7% might be the sweet spot. The hosts delve into the risks associated with deviating from this rule – taking too much may jeopardize your financial longevity, while taking too little may leave money on the table. Discover a robust retirement strategy that goes beyond income, incorporating growth, tax planning, and legacy considerations. Steve and Derrick emphasize the importance of having a comprehensive plan that addresses potential market losses, unexpected healthcare costs, and the need for emergency funds. They share insights gained from 34 years of experience in helping people navigate the complexities of retirement planning. Take control of your retirement and call Steve today for your complimentary Income Review! See omnystudio.com/listener for privacy information.

With the Trump tax code set to undergo changes, Steve and Derrick explore the impact on financial and retirement planning, emphasizing the need for a proactive approach. The hosts stress the urgency of taking advantage of the current historically low tax rates, offering a unique perspective on the potential challenges that could arise in the next few years. Drawing parallels to past decades, they provide valuable insights into the dynamics of tax rates and inflation, urging listeners to act now and plan for a secure financial future. Discover why being proactive in retirement planning is crucial, allowing you to navigate potential tax law changes and market fluctuations with confidence. Steve and Derek share stories of clients who have successfully tailored their retirement plans to adapt to evolving economic landscapes, emphasizing the importance of avoiding reactive financial decisions. For a comprehensive analysis of your retirement portfolio and proactive strategies tailored to your needs, visit RetireTexasStyle.com to schedule a consultation today! See omnystudio.com/listener for privacy information.

In this insightful episode of Retire Texas Style, join Steve and Derrick as they unravel the complexities of 401(k) management. The hosts address common concerns and confusion about planning for retirement, offering guidance and practical tips. Discover the key challenges post-retirement when managing your 401(k) and the need for a comprehensive income strategy. Derrick breaks down the concept of "spending down" your money, shedding light on taxation, required minimum distributions, and the art of creating sustainable income. The hosts emphasize the shift from traditional investment strategies and highlight the inefficiencies of relying solely on a 401(k). Derrick stresses the significance of diversification, introducing various financial products and strategies to ensure a robust retirement plan. If you're approaching retirement or already in it, this episode is a must-listen. Call Hoyl Financial today for an income review and let their team help you navigate the numbers, taxes, and create an income plan that stands the test of time. Visit retiretexasstyle.com to schedule a consultation.See omnystudio.com/listener for privacy information.

The age-old question resurfaces: Do millionaires truly feel rich? A recent survey reveals that only 8% of Americans with at least $1 million consider themselves wealthy. But here's the twist – does the concept of being rich even have a fixed number in today's dynamic financial landscape? Steve and Derrick Hoyl Financial break down this topic and more!  Steve and Derrick challenge the traditional $1 million retirement target, highlighting the changing dynamics of longevity and purchasing power. As people live longer, the once impressive $1 million may not stretch as far in retirement. They explore the absence of a magic number, emphasizing the need to align spending habits with individual lifestyles and retirement goals. In a candid conversation, Steve and Derrick share insights into generational perspectives on wealth and spending. They draw parallels to the "millionaire next door" and the evolving approach to retirement planning. Learn about the importance of crafting a personalized income strategy to ensure financial security in your golden years. Discover why a comprehensive retirement analysis involves understanding expenses and how the Hoyl Financial Group strives to guide individuals toward financial confidence and security. Call Steve today for your custom comprehensive retirement analysis today! See omnystudio.com/listener for privacy information.

Drawing inspiration from best-selling author Patrick Kelly, Steve and Derrick discuss the importance of planning for market storms before they hit, likening it to Noah building the ark before the downpour. The duo emphasizes the emotional impact of market swings and provides practical advice for investors of all ages. With the year-end approaching, they predict heightened volatility and stress the need for diversification and alternative strategies to weather financial uncertainties. Learn why fixed index annuities are gaining popularity and discover alternative strategies to boost your retirement comfort level. Don't miss out on essential tips to navigate the market storms and ensure a secure retirement. Ready to plan your retirement? Visit retiretexasstyle.com and experience the Hoyle difference today.See omnystudio.com/listener for privacy information.

Join Steve Hoyl and Derrick Caldwell from the Hoyl Financial Group as they unravel the intricacies of the IRS's latest tax bracket adjustments, set to roll out in 2024.  While the prospect of lower tax rates sounds promising, Steve and Derek delve into a crucial aspect that often gets overlooked—how these adjustments impact the taxation of Social Security benefits, especially for retirees. With more than half of retirees expected to pay taxes on their Social Security income next year, the duo sheds light on potential pitfalls and how to navigate them. As the conversation unfolds, Derek highlights the alarming lack of awareness surrounding the taxation of Social Security benefits, especially for those taking early retirement. Steve emphasizes the importance of strategic planning, debunking common misconceptions and guiding listeners on making informed decisions about when to claim Social Security. Call Steve and the team today for your complimentary Tax Analysis! See omnystudio.com/listener for privacy information.

In this episode, we explore Black Rock's recent report, revealing insights into creating a successful retirement. With an astonishing $8.5 trillion in assets under management, Black Rock shares unconventional strategies that go beyond market risks. Join hosts Steve, Derrick, and Jess as they discuss key recommendations from Black Rock, including delaying Social Security for higher benefits, considering a delayed retirement if needed, decreasing risk, optimizing asset allocation, and exploring guaranteed income products like annuities. Steve and Derrick analyze the surprising shift in Black Rock's stance, moving towards strategies like annuities that were once downplayed. Get insights into common concerns, such as when to retire and the significance of Social Security decisions. Learn why sooner is always better than later when it comes to retirement planning and how delaying retirement might not always be the best solution. Visit retiretexasstyle.com for more details and take control of your retirement today. Call Steve today for a complimentary Portfolio Review!  See omnystudio.com/listener for privacy information.

Join host Steve Hoyl for an unforgettable interview with music legend David Foster and his talented wife, singer-songwriter, and actress Katharine McPhee. With 16 Grammy Awards and a remarkable career, David Foster shares insights into his journey, while Katharine McPhee discusses her experience as a new mom. The conversation also touches on their involvement in philanthropy, particularly the impactful work of the David Foster Foundation, which has positively affected over 1400 families. David and Katharine share heartfelt stories of providing opportunities and support to children in need, making a significant impact on their worst days. As the interview unfolds, the couple offers advice for aspiring individuals in the entertainment industry, emphasizing the passion, dedication, and realistic planning required for success. Katharine McPhee encourages young talent to have a clear idea of their path, while David Foster shares his perspective on the rarity of achieving a hit record. Whether you're a fan of their work or seeking valuable insights into success and relationships, this episode is a must-listen. For more details and to stay updated on Retired Texas Style, visit retiretexasstyle.com.See omnystudio.com/listener for privacy information.