Money Mentors

The maximum benefit from Social Security in 2025 tops $5,000 a month - but there are a number of factors that you have to meet in order to reach that top tier benefit. So this week, Gary Mattson & Laurel Steward of Mattson Financial Services discuss what's really important when it comes to finding the right time for you to claim your benefits. Plus, how long could you stretch your Social Security and a healthy nest egg of $1,000,000? We'll have the results of a new study. Stress test your numbers at www.MattsonFinancial.com. 

The Oracle of Omaha has finally decided to retire - at 94! This week, Gary Mattson & Laurel Steward of Mattson Financial Services discuss his financial legacy & what lessons we can take away from the world's most well-known investor. We'll also discuss the sudden rush to claim Social Security - and whether it's justified. Have questions for your Money Mentors? Connect with us at www.MattsonFinancial.com. 

If stocks feel a little risky for you right now, where do you turn to invest your retirement dollars? There are a world of options, but on this week's episode, Gary Mattson of Mattson Financial Services discusses which investments tend to perform better than others during recessions. If you need help diversifying your portfolio, seek out a second opinion from a fiduciary advisor. Feel free to connect with one of your Money Mentors at www.MattsonFinancial.com. 

Navigating market volatility at any age is a challenge, but it's especially daunting when you're already retired or about to make the move to retirement, and your paycheck is largely dependent on your investment portfolio. On this week's episode, Laurel and Taylor Steward of Mattson Financial Services give us some perspective on the recent volatility on Wall Street and share strategies on how to cope if you're feeling nervous about how it might affect your retirement income. Need a second opinion about your plan? Schedule a 15-minute chat at www.MattsonFinancial.com. 

While the 24/7 news channels are talking about a recession, how do we really know if we're in one? Believe it or not - lipstick and underwear could provide some early clues! On this week's episode, Gary Mattson & Laurel Steward of Mattson Financial Services discuss the signs they also look for, as well as how to protect yourself and do a little financial spring cleaning that may help this time of year. Schedule a 15-minute chat to get a second opinion on your plan at www.MattsonFinancial.com. 

Go ahead, give yourself permission to spend in retirement. After all, you worked hard for it, right? But where are some of the best places to spend your money? This week, Laurel & Taylor Steward of Mattson Financial Services dive into an interesting list that includes (spoiler alert!) - taxes. We'll explain that and the fun stuff it's ok to splurge on in retirement too. If you're wondering how much you can spend in retirement, start your plan with your Money Mentors at www.MattsonFinancial.com. 

It's not unusual for one spouse or the other to handle most of the investment decisions in the relationship, but when markets get rocky, that can cause a lot of pressure. On this week's episode, Laurel Steward and Gary Mattson of Mattson Financial Services discuss a hypothetical scenario on how to cope if you've been trying to handle your portfolio on your own - and now you're doubting your decisions, or you don't want to worry your wife or husband. Remember: it's always ok to seek out a second opinion. And if you need one now, connect for a chat at www.MattsonFinancial.com. 

Sure, it might seem like the sky is falling if you're listening to the 24/7 news channels, but if you're looking for perspective on the tariff talk and the market downturn, this week's episode is for you. Gary Mattson & Gerald Green of Mattson Financial Services give some insight on how their investment philosophy works for retirement savers at times like this, and discuss how market dips may be an opportunity for some to consider a Roth conversion. Nervous and need a second opinion? Schedule a chat at www.MattsonFinancial.com. 

Yes, all the talk of tariffs and rising prices might make people a little nervous about retirement, but a new survey says people are also tired of being told to "cut back." On this week's episode, Laurel Steward and Gary Mattson of Mattson Financial Services discuss how they help clients enjoy the same lifestyle in retirement that they enjoyed while they were working. We also tackle how to find the "Goldilocks" savings strategy for retirement. Need a second opinion on your plan? Connect for a chat at www.MattsonFinancial.com. 

Taxes don't go away in retirement. In fact, they can cause a few surprises. On this week's episode, Gary & Laurel discuss what surprises people the most - and how to avoid the common mistakes that can cost you money. Plus, does it make sense to give your assets away while you're still here to enjoy it with your family - or leave a legacy when you're gone? We'll discuss the pros & cons. Check out our upcoming events on Taxes in Retirement at www.MattsonFinancial.com/Events.

More and more individuals and couples are making six-figure incomes today, but that puts pressure on them to also create a six-figure income for retirement. On this week's episode, Gerald Green and Marcus Grost of Mattson Financial Services discuss how they approach building an income strategy for generating that kind of retirement paycheck from an investment portfolio - and some of the opportunities and challenges along the way. Wondering how much you'll need to retire? Schedule a chat with your Money Mentors at www.MattsonFinancial.com. 

Warren Buffett's annual letter to shareholders is out - and it includes a few takeaways for retirement investors. On this week's episode, Gerald Green and Marcus Grost of Mattson Financial Services break down some of Warren's classic lessons on investing, and some of his latest revelations about handing over the reins when he's ready. Check out more retirement lessons at www.MattsonFinancial.com. 

From big corporations to the federal government, we're hearing more and more about buyout offers in the headlines. But before you accept that severance package or early retirement offer, there are some steps to consider. On this week's episode, Gary Mattson of Mattson Financial Services walks through a hypothetical scenario and what you might want to think through before you sign on the dotted line - especially if you're close to retirement. Need a second opinion on your buyout offer? Connect with us at www.MattsonFinancial.com. 

You've been saving for years in your retirement savings accounts, whether that's a 401(k), IRA, TSP or 403(b). But did you know you have a silent partner waiting for their share when it's time to start spending that money? This week, Laurel Steward and Corey Davis of Mattson Financial Services discuss the tax IOU that comes due in retirement and how you can help minimize that tax liability with prior planning. We'll also discuss IRMAA - what is it, and how it could impact your Medicare premiums. Submit your questions to your Money Mentors at www.MattsonFinancial.com. 

If you're a federal employee or a public servant - whether that be a firefighter, teacher, or other government worker - there are some recent changes that may impact your retirement planning. On this week's episode, Laurel Steward and Corey Davis of Mattson Financial Services explain what to do if you're on the receiving end of one of the recent federal buyout offers. And we'll update you on the Social Security Fairness Act and how that could impact some public service workers. Need help figuring out how the changes impact you? Schedule a chat at www.MattsonFinancial.com. 

The first few weeks of the new Trump administration has included a flurry of economic activity - but what does the threat of new tariffs and the possibility of extended tax cuts mean for your bottom line? Laurel Steward of Mattson Financial Services helps you break through some of the noise on this week's episode. Let us help you put the focus on your personal economy with a customized retirement review. Schedule a chat now at www.MattsonFinancial.com. 

We think retirement planning should be important at all stages of life, but there are certain ages when key decisions could help determine just how successful you are when you're ready to stop working. This week, Laurel & Taylor Steward of Mattson Financial Services break down the key Retirement Milestones from 50 to 73, and how each step can help you along the journey. If you're hitting one of these milestones and need some help, reach out for a retirement review at www.MattsonFinancial.com. 

We kick off our special series on taxes this tax season on what your tax forms might help you address about your retirement tax strategy. Plus, Laurel & Taylor Steward of Mattson Financial Services tackle a question about Roth conversions and income, and help clear up some confusion about conversions versus contributions. Need a second opinion on your retirement tax strategy? Let's talk. Schedule a chat at www.MattsonFinancial.com by clicking on the calendar button. 

From continuing high inflation to rising taxes, there's a lot coming at us in 2025. On this week's episode, Laurel & Taylor Steward of Mattson Financial Services break down 5 issues that could impact middle-class retirees the most this year, and how to prepare yourself for them. Start the new year strong with a portfolio check-up. Schedule a chat now at www.MattsonFinancial.com. 

Made any financial resolutions for the new year? Fidelity says most Americans who have plan to 'live practically,' and are worried about unexpected expenses. On this week's episode, Laurel & Taylor Steward of Mattson Financial Services discuss why that may be the case, and how to achieve some of those practical goals financially. Need a jump start on those dreams, goals and desires? Schedule a retirement chat now at www.MattsonFinancial.com. 

There are all kinds of things to remember when it comes to retirement, but on this week's list, Laurel Steward and Gerald Green of Mattson Financial Services discuss Kiplinger's list of the 4 Do's and Don'ts of Retirement - plus the one thing they say you should never do. When it comes to your retirement questions, feel free to reach out with yours anytime at www.MattsonFinancial.com. 

One of the most common questions about retirement is often "When should I claim my Social Security benefits?" On this week's episode, Laurel Steward and Gerald Green of Mattson Financial Services discuss the program's full retirement age, how it's changing in 2025 and what to consider when you're making the decision on when to claim your benefits. Plus, we'll discuss the retirement paycheck that's waiting for President Biden when he retires in January! Find more retirement resources at www.MattsonFinancial.com. 

Despite uncertainty about inflation, interest rates and the election, the market's been pretty resilient in 2024. On this episode, Gerald Green and Corey Davis of Mattson Financial Services discuss the lessons we can take away from Wall Street in 2024 and apply to how we approach portfolio decisions in the New Year. 2025 is also a great time for a portfolio check-up. Schedule yours now at www.MattsonFinancial.com. 

Living to 100 is not out of the question these days. Just ask Laurel's grandma! On this week's episode, your Money Mentors from Mattson Financial Services discuss the possibility and how to plan for it financially. Need a plan that gets you through the go-go, the slow go and the 'no go' years? Set up a complimentary retirement review now at www.MattsonFinancial.com. 

Now that we know the outcome of the election, it's time to plan ahead for what might be coming financially under the new administration. This week, Laurel and Taylor Steward of Mattson Financial Services discuss 4 changes that could be coming under President-elect Trump based on what he discussed during the campaign, and how it could impact your finances. Plus, we'll discuss how to tune out some of the market noise and focus on your own strategy. If it's time to review your strategy, connect for a quick chat now at www.MattsonFinancial.com. 

Once you reach your 50's and 60's, you get invitations in the mail all the time to steak dinners offering to teach you about various financial topics. But before you accept that next invitation, listen to this week's episode, which includes a cautionary tale about one man's experience - as Laurel & Gerald discuss the questions you might want to ask about a particular advisor or investment. Need a second opinion on your plan? Feel free to connect for a chat now at www.MattsonFinancial.com. 

If you're already in goal setting mode for 2025, this week's episode is for you. Laurel & Taylor Steward of Mattson Financial Services discuss some of the changes the IRS has announced for tax and retirement planning purposes for the new year that may benefit you - including a 'super' catch-up contribution for some retirement savers. Plus, we'll discuss the steps you might want to consider if you think you've already met your retirement goals. Go ahead and schedule your new year retirement check up now at www.MattsonFinancial.com. 

2024 is quickly coming to a close, but there's still time to make a few financial changes. On this week's episode, Laurel & Taylor Steward of Mattson Financial Services walk you through some financial steps you might want to take to finish strong - and set yourself up for a better 2025. Need a year-end retirement check-up? Set up a quick chat now at www.MattsonFinancial.com. 

The FTC has a new rule to make it easier for consumers to cancel recurring subscriptions and memberships called 'Click-to-Cancel.' But how hard is it to cancel a financial service, product - or even advisor relationship - that's not working for you? Laurel & Taylor Steward of Mattson Financial Services discuss that on this week's episode. Plus, we'll dive into ways you might save by canceling a few services on a regular basis. Need a second opinion on something you've been sold? Connect for a chat at www.MattsonFinancial.com. 

A new international survey gives The United States a C+ grade for its retirement system. But Gerald Green and Marcus Grost, your Money Mentors at Mattson Financial Services, take issue with some of the survey's rankings. Find out why on this week's episode, and discover how you can take advantage of what the U.S. retirement system has to offer. Need help navigating decisions on things like Social Security and Medicare? Schedule a chat now at www.MattsonFinancial.com. 

While your Money Mentors at Mattson Financial Services have been through retirement hundreds of times through their clients, we know that for you - it's likely the first, and only time you'll ever go through it. So this week, Laurel Steward and Corey Davis explore the 7 challenges you may run into over the first 10 years of retirement, and how to navigate each one. Here's the good news: you don't have to go it alone. Reach out now for a complimentary retirement check-up at www.MattsonFinancial.com. 

A new survey finds most Americans fear retirement more than they fear - dying! On this week's episode, your Money Mentors Laurel Steward and Marcus Grost of Mattson Financial Services discuss why so many people are scared of retirement, as well as the steps to take to overcome that fear. We'll also dive into one of the options you may have during Open Enrollment at your workplace that can help with future retirement health care costs - and save you in taxes. Schedule your year-end retirement check-up now at www.MattsonFinancial.com. 

Whether you've lost a spouse, you never got married or perhaps you're divorced, this week's episode is for you. Our case study with your Money Mentors, Laurel & Taylor Steward, focuses on a hypothetical scenario of someone approaching retirement solo - and how that affects the planning process. Good news: you don't have to go it alone in retirement. Sign up now for your complimentary review at www.MattsonFinancial.com.   

Just like a football game, the 4th quarter is very important when it comes to whether you 'win or lose' the year financially. This week, Laurel & Taylor Steward of Mattson Financial Services discuss the 4th quarter plays you may want to consider in 2024. We'll also dive into the surprises people find in their first year of retirement. See if you're prepared! Schedule a year-end retirement check-up now at www.MattsonFinancial.com. 

Every few months, Congress has to race to avoid a government shutdown as lawmakers fail to reach a deal on a new spending plan. But this kicking the can down the road will likely have an impact on all of us as taxpayers in the future. On this week's episode with Gerald Green and Marcus Grost, we'll discuss what it might mean for you & your family. Plus, we dive into the immediate impact of the recent Fed rate cut on your savings options. Need a year-end financial review? Schedule a chat now at www.MattsonFinancial.com. 

After more than three decades of helping people retire successfully, Mattson Financial Services founder Gary Mattson has finally put that experience on paper. This week, learn about his new book, "What Your Parents Never Told You About Money," and how you can get your hands on one of the first copies. Or buy your copy here: https://www.amazon.com/What-Parents-Never-About-Money/dp/B0D8KDSHKX  

Forget $1 million. A new survey says many Americans now think it will take $1.8 million in order to retire comfortably! On this week's episode, Laurel & Gerald discuss why that may - or may not - be the case, and how to get closer to your own comfortable number. Plus, we celebrate the 94th birthday of one of the world's most well-known investors. Need a second opinion on your retirement or investment strategy? Connect now at www.MattsonFinancial.com. 

There's a lot of economic data coming our way right now, but it turns out the government got it wrong (really wrong!) on one big piece of the economic picture. So, who do we trust? And what if that data leads to interest rate cuts this fall? Laurel & Taylor discuss it on this week's episode, but if you need an analysis of your own economic data, connect now at www.MattsonFinancial.com. 

We all want a cash cushion to help with life's emergencies, but how much should we put away in that retirement fund...especially if we're retired? Gary & Marcus discuss the numbers on this week's episode, and how they approach dividing up your assets into easy-to-understand options for retirement. Need help with questions like this? Set up a chat now at www.MattsonFinancial.com. 

Chances are, your questions about retirement are similar to many others we receive on "Money Mentors." So, this week, Laurel & Taylor delve into a retirement scenario for a hypothetical couple, Jim & Wendy. We'll walk step-by-step through the Mattson Financial process for helping people solve their own retirement puzzles. See if one of your questions comes up - and feel free to reach out for a personalized consultation at www.MattsonFinancial.com. 

While all the talk is about who wins the White House in 2024, we're preparing for tax changes (no matter who's in office) in the next 2 years. This week, Laurel & Taylor Steward of Mattson Financial Services explain why good savers and retirees need to circle 2026 on their calendars - and start some forward tax planning during this calendar year. Find out what your retirement tax bill might look like at www.MattsonFinancial.com. 

Many investors see red arrows on Wall Street and panic, but at Mattson Financial Services, we look at it as an opportunity. Take a peek inside our investment philosophy on this week's episode with Laurel & Taylor Steward. And if you need a second opinion on your investment strategy, connect with us at www.MattsonFinancial.com. 

While President Biden prepares to call it quits after this term, he stands to make more as a retiree than he did as Commander in Chief! This week, Laurel Steward & Corey Davis of Mattson Financial Services discuss whether you might be able to structure your retirement the same way. Plus, find out how the political changes might impact your investment strategy. Get a complimentary second opinion on your retirement plans at www.MattsonFinancial.com. 

The political events of the last few weeks may not shake the markets - but they may shake our confidence. On this week's episode, Gary Mattson & Corey Davis of Mattson FInancial Services explain how the uncertainty may impact your investment decisions from here. We'll also discuss how traditional 60/40 portfolios may be outdated - and what to consider instead. Need a portfolio check-up? Connect with your Money Mentors at www.MattsonFinancial.com. 

I bonds are paying less than they were a couple of years ago, but interest rates are still high, so this week Laurel & Gerald discuss options for the more conservative side of your portfolio that you may want to consider. And if you're thinking of a move just to save on taxes - hold up. We'll discuss the pros & cons. Have a question for your Money Mentors? Ask it in person at our August First Friday event. Just RSVP here: https://mattsonfinancial.com/events/index.html  

A new survey by Vanguard reveals how much 401(k) savers are contributing each year...so how do your numbers compare? Gary & Corey discuss the keys to saving successfully in your retirement accounts, plus what to do if you have FOMO with the current market. Need a second opinion on your 401(k)? Check out www.Mattson401k.com. 

Ideally, you've been planning for retirement for years. But what if you have to make that decision in a hurry? This week, Gary & Corey discuss the steps you might want to take if your retirement is just days, weeks or a few months away. We'll also discuss how to do a mid-year review of your finances and investments in 2024. Need help with that? Connect now at www.MattsonFinancial.com. 

Successful investing is much more than just luck - or picking the right stocks. This week, we discuss the one component that even successful investors don't talk about, and how it can make a difference for both you & your family. Gerald and Corey also discuss how to create a withdrawal strategy for retirement when you have multiple accounts. Need help with your questions? Connect with your Money Mentors at www.MattsonFinancial.com. 

The Federal Reserve is still struggling to reach its inflation target, and the real life impact on us is higher prices for just about everything we buy. But is there an upside to inflation and higher interest rates for retirement savers? Laurel & Gerald discuss that on this week's episode. Plus, our Summer Savings Series continues with lessons on how even spouses who don't work outside the home can save more for retirement. Have a question you'd like us to address on the podcast? Drop us a note at www.MattsonFinancial.com. 

Think of all the fees you pay in your daily life. From streaming services to concert tickets to airline fares...they're everywhere! But some of the biggest fees you'll ever pay may be hiding in the fine print on your investments or even your 401(k). As part of our Summer Savings Series on "Money Mentors," Laurel and Taylor discuss the importance of knowing what you're paying in fees when planning for retirement. Connect now at www.MattsonFinancial.com to have our team run a complimentary fee analysis for you. 

All kinds of questions come up when you make the decision to retire, but are you asking the right ones? This week, Gary & Laurel discuss 5 key questions to consider to help you plan for life after work...and they're not all financial. Need help with any one of these questions? Connect to set up a visit with your Money Mentors at www.MattsonFinancial.com.