All Things Retirement

With more and more people making planning a priority in the new year, we wanted to help you with the search for a new advisor. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Maybe you're close to retirement and think you don't have nearly enough money saved. But let's talk about some reasons that the news might not be as bad as you think. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

We see a lot of people who aren't getting the kind of advice and service from their financial advisor that they should be. In a lot of cases, the advisor is only “managing the investments,” but not providing guidance in other areas. Let's talk about some of the things that your advisor should be doing... Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Sometimes it's helpful to visualize complex topics to help make them easier to understand. On this episode, we'll discuss how to compartmentalize your wants, needs, and wishes in regards to your retirement plan. Anthony will talk about the process he goes through with each client and the importance of having a plan that covers more than just finances. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Before you can live the retirement dream, you have to figure out what the dream looks like in the first place. Let's talk about some of the things you need to dream about. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Dave Ramsey has earned a lot of respect among savers and investors over the years as evidenced by his enormously popular radio show, books and sold out performance venues when he speaks. But is all of his advice worth following? Is it possible that some of the things he professes will actually hurt you financially? Show Notes: USA Today Article: https://bit.ly/2WvzCWa Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Getting husbands and wives on the same page with their retirement plan can often be a challenge. Let's talk about some of the things that couples often mess up. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

So, you're experiencing some concerning symptoms? Let's have a visit with the money “doctor” to see what financial prescriptions you might need. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

There's an old quote that says, “Age is the price of wisdom.” Let's talk about how that applies to the financial world. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

The world is stressful. Let's take a small break from it with some goofy financial planning and financial advisor jokes and see what kinds of lessons we can learn from them. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

So much focus in the financial world revolves around accumulating money. There's all sorts of advice, how- to guides and guardrails in place when it comes to saving and investing, but a lot less resources out there to help retirees navigate the period of time after retirement. This is known as decumulation, the spending down and managing of the assets you've accumulated through your life. And on this episode, we'll point at (at least) 5 things you must know about decumulation to retire successfully. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

When you really boil it down, there's really only three places where you can invest money. Let's talk about the role that each of those worlds play in a good financial plan. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

At first glance, each of these statements seem like basic common sense that everyone agrees with. But when we look at the way people actually behave with their money, it seems that common sense is actually a bit uncommon. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Ironically, life insurance is a young man's game. The perception among many people is that your need for life insurance dramatically decreases and perhaps becomes completely unnecessary as you age. Is that really the case? On this episode, let's explore some ins and outs of life insurance and its various uses. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

It makes sense that the way we plan for retirement is largely influenced by what we think retirement is like or all about. So, let's take a look at how various people across the US describe retirement and see how that might shape the retirement planning process. Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Many financial circumstances that you’ll find yourself in have both positive and negative aspects. Decisions that you can make have both good and bad consequences. Or as Sir Isaac Newton put it: ”For every action, there is an equal and opposite reaction.” Show Notes: Retirement Rescue TOOLKIT: https://pfcl1znr.pages.infusionsoft.net/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Let’s talk about some of the areas of your financial life where you might be flirtin’ with disaster and don’t even know it. Show Notes: Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Let’s look at some of the richest people in the music industry and see what lessons we can learn from them that we can apply to our own retirement planning. Show Notes: Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

We've all heard the classic phrase about making assumptions. With unforeseen events like inflation, tax changes, and even paying for your children's education, you don't want to assume that your financial plan can handle those problems without proper planning. Let's dive into how you can stop assuming you're covered, and instead rest assure you're ready for any bumps in the road. Show Notes: Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

A recent survey found that nearly half of the female respondents said they defer major financial and investment decisions to their spouses. Most of the explanations amounted to just wanting to stick their heads in the sand. They want to just know they’re taken care of, but not get mired in the minutia. But we’ve heard countless stories of why this is a bad idea because one day you might become the lead decision maker. On this episode, let’s go over some tips for how women can get back in the game when it comes to involvement in the process of making financial decisions. Show Notes: Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

It’s time to plan the next family vacation. Do parents tackle the planning all themselves and decide on the budget, location and activities? Or should you bring the kids into the conversation? There are probably positives and negatives to either direction, so let’s discuss when and where it might be a good idea to help give kids some control over the family’s finances. Show Notes: Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/ Website: https://www.cardinalwg.com/ Email: retire@cardinalwg.com Phone: (904) 414-2375

Socrates said that “the unexamined life is not worth living.” And when it comes to financial planning, it’s important to examine yourself by pondering some important questions.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Have you ever stopped to think about your journey of learning all that you have about money and finances? Did you parents shape your financial views most heavily? Is there a TV or radio expert that has influenced you most? Or have you learned everything from a book or Google?Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

No industry is without its flaws, and the financial industry is no exception. Let’s explore some times where we’ve encountered annoying or frustrating elements of the financial world.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

You’ve probably never heard anyone make these statements that we’ll provide on today’s episode. And there are some great reasons why.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

We all have that food we just can’t stomach. Maybe canned tuna. Stinky cheese. Liver. Kool-Aid pickles. You get the idea. If there is any product in the financial world that’s like one of these much-maligned meals it has to be the variable annuity. It “gets hated on” by seemingly everyone who calls themselves a retirement planner. Why is that? And just like there’s always a couple of people who like pineapple pizza, is there ever a situation where a variable annuity could be an attractive delicacy for an investor?Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

If you look up quotes about diversification from famous investors, you might come across one from renowned investor Warren Buffet that will certainly raise your eyebrows. It goes, “Diversification is protection against ignorance. It makes little sense if you know what you are doing.” Yet, we’ve always heard about diversification being one of the keys to success for retirement planning. How can these seemingly different ideas both be right?Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

This episode is all about addressing the most frequently asked questions about 401(k)s.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

We’re talking specifically to Baby Boomers on this episode. What are the most common challenges, fears and objectives of this generation? What are some of the mistakes Boomers often make and how can they be avoided? We’ll ask and attempt to answer those questions on today’s show.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Just like any decision in life, making financial choices would be a lot easier with the benefit of hindsight. Let’s talk about some of the things we might hear from people who wish they’d done things differently after looking in the rear view mirror.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

We get a lot of questions about how the house (or houses) fit into retirement plans. From downsizing to rental properties to interest rates, let’s explore some of the top retirement questions as it relates to all things housing.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

The retirement world is full of retirement rules. Are these rules legit or full of bull?Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Let's take a look at some of the issues that women commonly face in the financial world, and how all retirees and pre-retirees can learn from these challenges. Later on, we'll tackle a listener question about the Rule of 100.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

We often find that people are clinging to certain ideas or beliefs that end up giving them a sense of false hope about their retirement. It’s a dangerous position to be in. Let’s explore some of the faulty thinking that ultimately leaves people underprepared for retirement.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

So, we’ve all experienced what a market crash feels like in recent memory. If you had forgotten what it felt like in 2008, then 2020 should have been a sobering reminder of what it’s like to experience that sudden market drop. Now, we don’t know when the next market crash will come. Will rising virus cases now or a resurgence in the fall cause another one? Will the lead up to, or result of, the election cause turbulence? We just don’t know what factor is going to come along and serve as the catalyst for the problem. But what we can do is follow some basic rules to ensure we don’t lose our shirts next time the arrow on the graph tumbles down.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

What can we learn about money by exploring some quotes from the great Mark Twain?Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

It seems that most people don’t have a clear picture of whether they should contribute to a traditional IRA or a Roth. Let’s discuss how to determine what’s best for you.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Let’s talk about some of the common mistakes that we see being made time and time again by retirees and pre-retirees.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Dave Ramsey has earned a lot of respect among savers and investors over the years as evidenced by his enormously popular radio show, books and sold out performance venues when he speaks. But is all of his advice worth following? Is it possible that some of the things he professes will actually hurt you financially? Let’s take a look at some of Dave’s most popular advice and see if and when it makes sense for retirees and pre-retirees to disagree.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

We were planning to bring up this conversation before the Coronavirus pandemic hit, but now it just makes it even more important to discuss. You likely seek financial advice from lots of difference sources. And some of those sources will certainly have good intentions, but they’ll often give bad financial advice. Let’s look at some examples and explore the reasons why we have to be very careful from whom we’re taking this important guidance.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Time for an update on where we stand with the markets, the economy, and retirement planning as it relates to the Coronavirus pandemic.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

So there might not be such a thing as a “bad financial product”, but there are certainly inappropriate investments out there for people in certain situations. We’ll explore some examples of those kinds of situations on this episode and you might be surprised just how common it is for people to be invested in products that are ill-suited for their financial goals.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Anthony will share his thoughts on the financial fallout we've seen from the coronavirus and then we'll dive into our conversation on the different stages of retirement. Where should your focus be as you approach that retirement day. Plus, we answer questions from two listeners with investment concerns since the market crash.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

We talk all the time about how people need to give their dollars purpose or set goals for their retirement and even specifically for certain investments. But let’s dive deeper into what different goals look like for various folks approaching retirement. How do you determine if a goal is realistic or out of reach? We’ll tackle that conversation with plenty of examples on this episode.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

The idea of a Roth conversion is intriguing to a lot of people, and for some people it can be a great strategy to enact. Let’s explore the concept…Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Of course, we all want a healthy bank account. Having a good amount of dollars within easy grasp is helpful in the case of emergencies or for medium-sized purchases where you don’t want to have to liquidate assets. But is it counterproductive to have too much cash on hand? We’ll explore that idea and other pressing questions about the role that cash plays in financial and retirement planning.Show Notes:CNBC Article: https://www.cnbc.com/2019/12/30/why-retiring-at-65-could-become-a-thing-of-the-past.htmlRetirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

It’s always good to keep yourself up to date with what’s going on in the financial world. But it’s also important to understand that the information you get from the media isn’t completely unbiased. Let’s talk about some of the problems with the financial media.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Sometimes people say they don’t want to retire…and sometimes they really mean it. Other times it’s just a defense mechanism to compensate for the fact that they feel like they can’t retire. So let’s explore some of the possible meanings behind the statement, “I don’t want to retire.”Show Notes:How To Retire Happy, Wild, and Free: https://www.amazon.com/How-Retire-Happy-Wild-Free/dp/096941949X/ref=asc_df_096941949X/?tag=hyprod-20&linkCode=df0&hvadid=312031138203&hvpos=1o1&hvnetw=g&hvrand=11406474146165153437&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9009752&hvtargid=pla-457715410310&pscRetirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Trustworthy. Likeable. Problem-solving. Good listener. We should be describing your financial advisor or a potential advisor if you’re in the process of finding one. On today’s show, we’ll talk about why it’s so important for your advisor to embrace these kinds of characteristics. That’s the easy part. But we’ll also tackle the harder part and discuss some tangible ways how you can determine if an advisor has these characteristics or not.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375

Welcome to the All Things Retirement podcast. On this introductory episode, we'll get to know our retirement and financial guide, Anthony Aulffo a bit better. Host Ben George will ask him about how he got into the financial industry, how experiences in his life have shaped him into the advisor he is today, and much more. If you're new to Anthony or new to the podcast, give this episode a listen to get familiar with the advisor who will take you through some important education about the financial world in episodes to come.Show Notes:Retirement Rescue TOOLKIT: https://www.cardinalwg.com/shock/Website: https://www.cardinalwg.com/Email: retire@cardinalwg.comPhone: (904) 414-2375