Join Steve and Derrick, your trusted financial advisors with offices spanning across the great state of Texas, from Midland and Odessa to Lubbock, Amarillo, Dallas-Fort Worth, and Austin, among others. In this episode, we explore the inspiring story of Charles Feeney, a billionaire philanthropist who chose to give away most of his wealth while he was alive. Discover the pros and cons of adopting a similar approach in your financial planning, ensuring your legacy is built on your terms. The conversation takes a fascinating turn as Steve and Derrick discuss strategies for securing your retirement, including innovative solutions for long-term care. Learn about unique strategies with 25% upfront bonuses and the potential to double income benefits when needed for activities of daily living. These strategies ensure your assets are protected and can be passed on to your heirs or a charitable cause of your choice. Remember, at "Retire Texas Style," it's all about helping you make the most of your retirement. Don't hesitate to reach out, schedule a consultation, and let us provide a personalized retirement analysis. Your family's well-being is our top priority. PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!  Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTubeSee omnystudio.com/listener for privacy information.

In today's discussion, we tackle a financial concern that's on many minds—cash holdings. A recent study revealed that more than half of Americans are holding onto extra cash due to concerns about a market crash or recession. But how much is too much, and should you consider increasing your cash holdings? The team at Hoyl Financial offer valuable insights into the balance between cash reserves and investments. They emphasize the importance of having a plan and avoiding extremes. Holding onto too much cash can mean losing out to inflation, and they discuss how to make your money work for you effectively. The conversation also touches on the significance of personal relationships in financial planning. At Hoyl Financial, they prioritize personalized service and special attention, emphasizing the importance of getting to know you and your unique financial goals. Whether you're nearing retirement, want to explore better financial strategies, or are looking for a team that truly cares about your financial future, this episode offers valuable insights and advice. PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!      Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTubeSee omnystudio.com/listener for privacy information.

Hear Steve and Derek dive into an irresistible discussion about Texas-sized appetites, Girl Scout cookies, and how food and savings strategies go hand in hand. Discover how they reminisce about local favorites like Whataburger, Taco Villa, and their love for jalapeno biscuits, and you'll quickly understand the true meaning of enjoying the best things in life. But it's not all foodie talk. Steve and Derrick pivot to a more serious topic: taxes. They highlight the importance of tax planning in retirement, especially in light of possible future tax increases. Did you know taxes are on sale through 2026? Steve explains how the Trump tax package has influenced effective tax rates and why it's crucial to have a tax-efficient retirement plan. The conversation takes a practical turn as they discuss tax-advantaged strategies like contributing to IRAs, beyond maxing out your 401(k). Discover how you can enhance your retirement and financial security by exploring different options to optimize your tax situation. If you're concerned about how higher taxes might impact your retirement income and looking for ways to be proactive about managing your taxes effectively, this episode is packed with insights and advice to get you started. And if you're looking for a financial advisor who truly understands the importance of tax planning, you're in the right place!   PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!       Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

You've likely used the stock market to grow your retirement savings, but what happens after retirement? Roger Ibbotson, Emeritus finance professor at Yale University, advises that you should reduce risk during your early retirement years. Traditional bonds, once a go-to option, now face uncertainties due to fluctuating interest rates. So, what's the solution? Annuities. Discover how annuities are emerging as a safer and more attractive alternative to bonds in your portfolio. Steve and Derrick, discuss the pressing need to analyze your bond investments, given the rising interest rates. Protecting your retirement nest egg is paramount, and annuities offer a compelling way to do just that. Today, annuities can be tailored to suit your unique financial goals, whether it's growth or income. These are not your grandfather's annuities; they're a modern solution for today's retirees. #retirement #financialplanner #financialliteracy #wealth #fyp #podcast   PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR ANNUITY CHALLENGE MEETING TODAY!     Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

Steve takes us on a journey through his remarkable career, spanning over three decades. Starting in Amarillo, Texas, Steve's financial expertise has taken him all over the Lone Star State. From Lubbock to Midland, Odessa to Dallas-Fort Worth, and now Austin, Steve has been helping Texans retire in style!  But what sets Steve and the Hoyl Financial Group apart is their commitment to getting to know you, the client, before diving into the numbers. Steve believes in the "Texas Two Step" approach – taking two steps forward into your financial future while occasionally stepping back to review and refine your plan. Whether you're concerned about inflation, taxes, or simply ensuring you've done enough to secure your retirement dreams, Steve and his team are here to guide you. They'll help you create a comprehensive retirement plan tailored to your unique needs, complete with an income strategy, tax efficiency, and a solid financial legacy plan. So, if you're ready to take the first step towards your ideal retirement, call Steve today!   #retirement #financialplanner #financialliteracy #wealth #fyp #podcast  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!     Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

In this episode, we dive into two critical topics affecting your financial future: proposed changes to the tax status of the 401K and strategies to invest wisely in the face of inflation. First up, Steve discusses the proposed tax changes to 401Ks by the Biden administration. The idea of a flat 26% tax credit, regardless of your tax bracket, is causing ripples in the retirement planning world. Steve explains how the current tax deduction system works and how the proposed changes could impact savers differently. While it may help those in lower tax brackets, it could be a burden for those in higher brackets. The potential shift from tax deductions to tax credits might muddy the waters and make retirement planning more complex. Then, the conversation takes a turn towards the world of investing. With billionaires like Warren Buffett making headlines by moving away from stocks and into short-term treasuries, there's concern about the future of the market. Steve shares insights into what this means for individual investors nearing retirement. The key takeaway? The world of finance is ever-changing, influenced by politics and market dynamics, call Steve today!    #retirement #financialplanner #financialliteracy #wealth #fyp #podcast  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!   Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

Welcome to "Retire Texas Style," the podcast where your retirement dreams come to life. In this episode, we explore how often people daydream about vacations and financial happiness, discussing the importance of planning for retirement like planning for a dream vacation. Surprisingly, a recent survey found that Americans spend over 109 hours a year, or 18 minutes a day, dreaming about their next getaway. This sparks an intriguing question: If we can spend this much time fantasizing about vacations, how much time should we dedicate to planning a retirement that feels like a permanent vacation? Steve emphasizes that those who dedicate just 18 minutes a day to retirement planning could find themselves well-prepared for a financially secure and fulfilling retirement. He highlights the importance of proactive retirement planning, particularly in an uncertain economic climate. Steve stresses that retirement planning is all about achieving financial happiness, which requires having a solid income strategy and safety in your financial plan. He discusses the need for predictable cash flow, especially in retirement, and the importance of creating a retirement plan that provides both income and safety. #retirement #financialplanner #financialliteracy #wealth #fyp #podcast   PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!     Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

Welcome to another episode of Retire Texas Style, the Podcast. Today we dive into the ever-mysterious world of the stock market. Join us in this engaging discussion where we unravel some common misconceptions and explore strategies to secure your financial future. Our conversation kicks off with a thought-provoking statement from economist David Rosenberg, who suggests that trying to decipher the stock market's every move can be a futile endeavor. The market, as we all know, often dances to its own unpredictable rhythm, defying valuations, timing tools, and fundamentals. To address these concerns, Steve introduces a strategy designed to mitigate risk while still allowing for reasonable returns. This strategy caps potential gains but ensures that you won't lose a penny, even in a bear market. It's a way to both participate in market growth and protect your hard-earned savings from downturns. Don't let uncertainty hold you back. Plan for a retirement that aligns with your vision and call Steve today! #retirement #financialplanner #financialliteracy #wealth #fyp #podcast  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!   Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

In this episode of Retire Texas Style, we discuss the truth about annuities and how to avoid making a retirement mistake. We talk about the different types of annuities, how they work, and the potential benefits and drawbacks. We also discuss some of the common misconceptions about annuities and how to choose the right one for your needs. With over 30 years of experience, Steve shares his insights on annuities and how they can be used to create a secure retirement income. We also discuss the importance of having a retirement plan and how to avoid making costly mistakes. If you're thinking about using an annuity in your retirement planning, this episode is a must-listen. We'll give you the information you need to make an informed decision and avoid making a costly mistake. retirement #financialplanner #financialliteracy #wealth #fyp #podcast #annuities  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!     Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube      See omnystudio.com/listener for privacy information.

In todays episode, Steve discusses the importance of protecting your retirement income in a recession. He shares strategies for generating guaranteed income, even in a down market. He also talks about the importance of working with a financial advisor who can help you create a personalized retirement income plan. If you're worried about how you'll make ends meet in retirement, this episode is for you. Listen to learn how to protect your income and secure your financial future! #retirement #financialplanner #financialliteracy #wealth #fyp #podcast PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!    Not able to tune in live? Listen to “Retire Texas Style” anytime on our podcast on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

Steve takes a deep into the world of annuities, uncovering the misconceptions and shedding light on the potential benefits of these often misunderstood financial tools. Joined by Cheryl Moore, an annuity advocate, who breaks down the various types of annuities and their unique features. Cheryl emphasizes that the word "annuity" itself can sometimes create unnecessary stigma, but when you look at the features and benefits without the label, they become far more appealing.  Steve and Cheryl demystify annuities and discover how they could be a valuable addition to your retirement plan.  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!     Listen to the “Retire Texas Style” podcast anytime on Apple or Spotify ! 💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

In this episode of "Retire Texas Style," Steve and Jess dive into the unexpected phenomenon of Barbie's resurgence at the box office. Barbie, the iconic doll, has taken the world by storm with her latest movie, bringing with her not only a dose of nostalgia but also important financial questions. With over 200 careers, Barbie likely has a trail of 401Ks in her wake. Steve discusses the importance of managing these retirement accounts, especially in a year that's projected to be financially challenging. As the retirement saving crisis looms, many individuals are uncertain about their financial futures. Steve explains the transformative moment when clients transition from anxiety to confidence in their retirement strategy, emphasizing the importance of aligning financial plans with personal hopes and dreams. Tune in to gain insights into managing retirement accounts, building robust income strategies, and achieving that essential peace of mind in retirement planning. #retirement #financialplanner #financialliteracy #wealth #fyp #podcast  PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!    💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

Join us for a thought-provoking episode of the "Retire Texas Style" podcast as host Steve engages in an insightful conversation with Candace Owens, the prominent American conservative political commentator, author, activist, and television presenter. Candace shares her perspective on the American dream and the values needed to achieve success as a country. She emphasizes the importance of individual work ethic, building strong families, and embracing the core principles that unite America. Offering valuable advice for parents in today's ever-changing world, Candace highlights the significance of instilling values and confidence in the younger generation. Learn about the pivotal moment that led Candace to her current journey and her vision for leaving a lasting legacy. This episode is an inspiring exploration of politics, family, and empowerment that you won't want to miss.   💬 Engage, Share, and Learn even more with Steve and his team at Hoyl Financial!  Facebook YouTube  See omnystudio.com/listener for privacy information.

Discover how becoming a new grandfather can reshape one's financial outlook in this episode of the Hoyl Podcast. Steve reflects on the joys of grandparenthood and shares insights into planning for his grandchild's future, including college funds and legacy planning. Gain valuable insights into retirement planning, asset leverage, and creating a financial foundation for future generations. Join Steve and Jessica as they explore the transformative power of being a proud grandparent on financial perspectives. Listen now! PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!   See omnystudio.com/listener for privacy information.

The big question on Wall Street continues to be, “Have we seen the bottom?”  One well known economist says “no.”  Nouriel Roubini says anyone who believes that this will be a ‘shallow’ recession is “delusional.”  He says be ready for severe recession, severe debt, and a severe financial crisis.  Now you know why they call him Dr. Doom.  If you are close to retirement, how serious should you take comments like this? PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!   See omnystudio.com/listener for privacy information.

Here are the results of a new study from New York Life:               1- 41% of those who are invested in the stock market said they had reduced their equity allocations in the past six months.               2- 30% of investors in stock, bonds, and other securities made changes to their portfolio in the past six months.               3- 37% have moved more money into cash.   Is moving the cash the answer? Can you invested and pull back risk?   PROTECT YOUR RETIREMENT SAVINGS: CLICK HERE TO BOOK YOUR MEETING TODAY!   See omnystudio.com/listener for privacy information.

Once upon a time, the Biden Administration pushed to tax wealthy Americans more on the assets they own (retirement savings, house), rather than just their income.  That idea went nowhere in Congress.  But seven states have now introduced ‘wealth tax bills’ that try to accomplish the same thing.  Isn’t this another example of Congress looking for money and creating ways to tax it?    Then there’s a major tax event coming in 2026.  And that’s the expiration of the so-called ‘Trump tax cuts’ (the Tax Cuts and Jobs Act passed in 2017).  What do people need to understand about this when it comes to tax planning and what should they consider for the next few years?  See omnystudio.com/listener for privacy information.

How often do you think about going on vacation?  Is it every day?  A new survey (by OnePoll) found that Americans spend about 18 minutes a day dreaming about being on vacation.  (That’s more than 109 hours a year!)  If they’re spending this amount of time thinking about vacation, how much time would it take for them to create a retirement plan with you, so everyday can feel like a Saturday? Plus, hear Steve discuss ways to keep your money safe, protected and give it growth opportunities!   See omnystudio.com/listener for privacy information.

We’ve talked before about the benefits of annuities.  They not only provide a guaranteed stream of income in retirement but can also serve as a hedge against inflation, market volatility and running out of money in retirement.  But there are so many different types of annuities.  How do you go about picking the right one?   Call Steve today for your Annuity Stress Test!  See omnystudio.com/listener for privacy information.

Should we buckle up for another market pullback?  Then, what' s there a difference between someone who moves to safety and someone trying to time the markets?   Hear Steve and Derrick discuss options and strategies that can help you protect and grow your income in NO MATTER what is going on in the market!  Call Steve today for your custom Risk Analysis - STOP THE BLEEDING!       See omnystudio.com/listener for privacy information.

The list of headwinds to the economy continues to grow.  Inflation, rising interest rates, bank failures, recession, and more. Are we headed for another 2008? Think about this, if you knew that 2008 was going to happen, you probably would have made some moves with your money.  Steve explains how he can help you create a plan where you can be invested in the market, be protected from a potential decline and protect your income - find out how when you meet with Steve for your complimentary Portfolio Review! See omnystudio.com/listener for privacy information.

The stock market continues its roller coaster ride.  Market Analyst Larry McDonald told Fox Business that he sees a 10 to 30% pull back in the next two months.  He says the Fed raising interest rates is hurting in more ways than one. So, our 401(k) is going down and our dollars are buying less.  What is your answer to someone who says, “get me out of the stock market?”  What crazy thing would Americans do to have a tax-free future?  A new survey (by WalletHub) asked that question and found one in ten would clean prison toilets for three years in exchange for never paying taxes again!  Well, we all know taxes (and the IRS) aren’t going away.  It’s just a matter of controlling how much we give to Uncle Sam.  Hear Steve explain how he can get your a tax-free retirement!  Call Steve today and create your tax-free future!   See omnystudio.com/listener for privacy information.

Americans think they’ll need more money to retire.  A new survey (by Northwestern Mutual) shows the new ideal amount is $1.25 million. That’s an increase of 20% over last year.  The same poll also found more than a third have not addressed the possibility of outliving their savings.  Isn’t that a bigger issue than finding the ideal “number?”  Call Steve for your Income Review! See omnystudio.com/listener for privacy information.

Thomas Hoenig was the President of the Kansas City Fed for 10 years.  He tells Fox Business that the deep part of the recession is still in front of us.  What’s your action plan heading into the new year? Hear how Steve can help protect and grow your income and create a market protection plan! Call Steve today for your complimentary Market Protection Plan! See omnystudio.com/listener for privacy information.

If you have a traditional IRA or 401(k), you could run into a HUGE tax problem.  That’s why you hear people converting those funds to an after-tax Roth IRA a little bit at a time before retirement.  Financial author Ed Slott tells the Morningstar financial website that it enables you to take control of your tax planning, but how easy is it to do this?  At what age should someone consider making the conversion? Steve explains how he can help you with this process and keep more money in YOUR pocket and LESS in Uncle Sam's!  Call Steve today for Tax Analysis! See omnystudio.com/listener for privacy information.

An article in The Street warns that a lot of people are surprised at how big their tax bill is after they retire.  Why does this happen? And are there any steps we can take to lower that bill? Steve discusses the tax strategies he uses that can help put more money back in your pocket rather than Uncle Sam's! Plus, when you leave that 9-5, what do you do with your 401K?  Call Steve today for your Complimentary Tax Analysis! See omnystudio.com/listener for privacy information.

Sometimes a rocky economy is like a football game.  Market volatility, high inflation and the threat of recession can tackle even a good retirement plan and throw it for a huge loss.  So, is there a tool can withstand these threats?  Hear Steve explain how he can give your money purpose, all while protecting and grow your income in retirement - STOP THE FINANCIAL BLEEDING TODAY!  Call Steve today for your very own customized income plan! See omnystudio.com/listener for privacy information.

Will you spend more money earlier in retirement on fun stuff or will most of your spending come later things like healthcare? Hear how Steve can help you prepare for both! Then, ever wonder what your cat is saying to you?  There’s an app for that.  It’s called “MeowTalk.”  It uses artificial intelligence and algorithms to decode what the feline is communicating (like happy, resting, hunting, or mating call.)  One complaint about financial advisors is they sometimes communicate in a language no one understands.  How do you make sure retirement plans don’t get “lost in translation?”     Steve can help you today with a complimentary Portfolio Review! See omnystudio.com/listener for privacy information.

I saw an article that talked about the so-called financial planning ‘rules’ that should be abandoned.  One is the “60-40” portfolio split between stocks and bonds.  The other is the “4%” withdrawal rule (if a retiree withdraws 4% in their first year, and adjusts that for inflation every year after that, their money has good odds of lasting 30 years).  Do you agree?  Should we look at these as starting points in investing rather than hard-and-fast rules?  When the market is down, there might be a tax opportunity.  It comes when you offset any gains with some of your losses.  It’s called “tax loss harvesting.”  Can you explain more?  Do we have to wait until the end of the year to take advantage of it? According to a new paper from the Center for Retirement Research, there are 5 big retirement risks that people aren’t giving even attention. In order, they are: Longevity risk - Running out of money because you live so long Health risk - High medical expenses eating into your monthly income Market risk - Losing money in the stock market or the housing market Family risk - Divorce, the death of a spouse, or other family issues Policy risk - Taxes going up or Social Security benefits going down The paper points to “stable lifetime income resources” to cover all these fears. How does your planning solve for all these issues? Call Steve today for a Complimentary Portfolio Review!   See omnystudio.com/listener for privacy information.

When will we see the bottom of this market? Can we be successful with our retirement portfolio without having to resort to that kind of guesswork? What are the chances we could fall into recession in the next year?  Economists with Bloomberg say it’s 100% certain.  And it might hit sooner than later.  Hear how Steve can you help you build a financial bridge to get to the other side of this mess?   See omnystudio.com/listener for privacy information.

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 Steve 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 automatically calls 911.  But some riders of roller coasters are discovering that all the herky-jerky movements are also triggering calls to 911. When you’re analyzing a portfolio, what sets off your ‘crash detector?’See omnystudio.com/listener for privacy information.

The one thing we all wish we had more of is TIME. You know the saying, "There's not enough hours in the day!" I get it, we're all busy. BUT, if you don't take the time to PLAN for your retirement - who will? Not all recessions are created equal.  But economist Lawrence White tells CBS News that the one thing they all have in common is they were triggered by certain events and sometimes a recession can trigger making financial decisions while emotion.  Then, Steve talks about his process and what separates him from other financial advisors and how he can help YOU. See omnystudio.com/listener for privacy information.

Q&A with YOU!  Listener question from Tessa: Is this a good time to get out of the Market? And what are the benefits of doing Roth Conversion? Hear Steve's response and most importantly how he can help you protect your money from a volatile market!  See omnystudio.com/listener for privacy information.

Americans are trying to stretch their dollars amid high inflation, but they might be overlooking money they already have – gift cards!  A new survey (by CreditCards.com) found the average person has $175 in unused gift cards. (Check your wallets!) And if you don’t remember to cash them in, you’re leaving money on the table. You DONT want to leave money on the table in retirement and Steve can help you avoid this!  Then, an article in Smart Asset asks an interesting question: “Do you actually need a lawyer, not a financial advisor?”  Their point is the advisor helps you protect your money with management, tax planning and insurance, while the attorney helps you protect your money with wills, trusts and estate planning.  If you picked one over the other, what could you be missing? Hear Steve explain how he can help you create an income plan with income for life!   See omnystudio.com/listener for privacy information.

Question:  Do you think you pay too much in taxes … or too little?  That’s a trick question because we all pay too much!  But IRA expert Ed Slott tells The Motley Fool that’s our own fault! Bottom line, "the more you plan, the more you keep.” Steve explains how he helps clients minimize taxes in retirement and how a tax free retirement IS POSSIBLE! Then, the so-called “five-second rule” is apparently alive and well.  A new survey (by OnePoll) shows more than 40% of Americans will eat things off the floor if they can pick it up immediately.  And they do it an average of four times a month.  In the world of retirement, we have something called the 4% rule (by withdrawing 4% of your financial assets each year, you could adequately fund your retirement.)  Are you a believer in this approach?  If not, what do you base withdrawal rates on, especially when the number one concern of retirees is running out of money?  Call Steve today for a customized Portfolio Review! See omnystudio.com/listener for privacy information.

A Princeton Professor did a study asking retirees which approach they preferred to fund their retirement.  Dr. Wade Pfau found one third liked living off the growth and income of their portfolios, another third preferred the safety of annuities, while the remaining third was split between bonds and a hybrid of all three strategies.  Where do you see your clients on these choices? If someone comes into the office and you were to ask them…what do you want your money to do? They might say: I want my money to grow I want to have access to my money I want protection if the market goes down I want the money to go to my family if I die When I tell them, you’ve just described an annuity…they might be shocked. Because everything they’ve heard about annuities is negative. Don’t focus on the name of the tool, focus on what the tool does FOR YOU AND YOUR MONEY!  Call Steve Today for an Income X-Ray! See omnystudio.com/listener for privacy information.

Are we in a recession now? If not – is one coming?  That’s the big question as the Fed raises interest rates again to fight 9.1% inflation. Steve explains what pre-retirees and retirees can do now to prepare for a recession if and when it hits to both protect and grow your income and most importantly not run our money. See how Steve can help YOU create a customized income plan!See omnystudio.com/listener for privacy information.

Steve talks about creating generational wealth and discuss the list of 50 things every 50 something should know about retirement!   Call Steve today for a complimentary Portfolio Review!     See omnystudio.com/listener for privacy information.

I came across a post on the blogging website Reddit that struck a nerve.  It was people talking about childhood friends they assumed were rich – and why they assumed that.  It’s a good reminder that “wealth” is often in the eyes of the beholder. Hear Steve explain how he can help you achieve what wealth looks like for you in retirement and what the first time meeting is with Steve! See omnystudio.com/listener for privacy information.

Do you feel like your 401(k) is now more like a ‘301(k)’ because of all the market declines?  Hear how Steve is helping clients preserve their retirement savings during such a volatile time.  During all the volatility in the stock market, we’ve heard one financial term being tossed around a lot – bear market.  Is the stock market in a bear market right now, and will that lead to a recession? Steve shares his thoughts and much more!  Call Steve today for your Market Protection Plan! See omnystudio.com/listener for privacy information.

You know all those stories about Social Security going broke in 2034?  Well, here’s some good news!  Uncle Sam had a good year, so they’ve pushed the “go-broke” date back by one year to 2035.  Not too exciting, right?  Recently, we sat down for an exclusive interview with former Vice President Mike Pence.  He told us the government must do everything to keep Social Security. Hear Steve share his position on the future of SS and where it falls in the retirement mix.  Then, if you mention annuities as a part of retirement planning, you’re going to get a variety of reactions.  Some love them, some hate them.  An article in Market Watch declares “they are neither good nor bad.”  So now I’m really confused.  How do you know if an annuity might be right for you? See omnystudio.com/listener for privacy information.

Let’s say you’re only a few years away from retirement and you haven’t paid off your mortgage yet.  Is that a problem? Steve weighs in on this and you'll hear questions from our audience!  Call Steve for a Portfolio Review! See omnystudio.com/listener for privacy information.

What's the difference between a Traditional IRA and Roth IRA? Steve talks about the best time to do a Roth conversion and how to pass down your Roth IRA tax efficiently!  Call Steve today for a Portfolio Review!  See omnystudio.com/listener for privacy information.

Having an emergency fund is CRUCIAL both in your working years and during retirement. But, how can you stretch the pennies to build it while fighting inflation day to day? Hear Steve discuss how he helps his clients with this and how he can help YOU.  Then, the Motley Fool financial website says there’s no single “right way” to plan for retirement.  But there are plenty of “wrong ways.”  And one of them is forgetting about how taxes are going to affect your post-career income.  Why are taxes such an important part of retirement planning?  See omnystudio.com/listener for privacy information.

If you’re 72 or older, the government makes you take Required Minimum Distributions every year.  RMDs consume a percentage of your retirement assets.  But thanks to new data that shows Americans living longer, the IRS has revised the RMD tables so that they’re at a lesser percentage.  That means fewer taxes to pay.  That seems like good news, right?  Does this change your thinking about the IRA to Roth conversion?  An annuity is simply a contract between you and an insurance company.  In exchange for a lump sum, it promises periodic payments for a certain period.  Annuities and 401(k)s both can provide long-term savings, tax-deferred growth and probate-free way of passing assets to beneficiaries.  But an article on the NASDAQ market site makes the argument that an annuity is better than a 401(k), especially later in life.  With all the negative press on annuities, is there a change of heart happening here … even on Wall Street?   See omnystudio.com/listener for privacy information.

Economists routinely tell us that the biggest retirement worry is running out of money.  But Forbes says there’s another concern that doesn’t get as much attention … and that’s maintaining the same standard of living.  But how do we do that, considering that our retirement income will probably be less than what we earned when we were still working? Kevin explains how his 6 pillars for a successful retirement can help grow and protect your pile of money for retirement so you don't run out of money! See omnystudio.com/listener for privacy information.

If you missed the show this week, you're in luck - hear Steve interview Bill Murray! Steve had the opportunity to meet and chat with Bill Murray and his brothers (Brian Doyle, Joel, Andy and Johnny) during their "Murray Bros. Caddyshack Charity Golf Tournament" in St. Augustine, FL!  Bill and the brothers discuss what investments they would avoid, who taught them the meaning of charity, and the best financial advice they were given.    See omnystudio.com/listener for privacy information.

Jason Aldean joins the show and shares the secret to his success! Hear Steve share what he says is the secret to his nearly 30 years of success and what he and his team can offer that's different than other financial advisors!  Call Steve for your Complimentary Consultation!  See omnystudio.com/listener for privacy information.