Retirement Road Map®

Many people nearing retirement focus on their portfolios but neglect one of the most important components of a fulfilling life—genuine human connection. Especially in today's world, where negativity dominates the headlines and technology often replaces personal interactions, gratitude can help us build more meaningful relationships and improve our well-being. In this episode, SHP Financial's Derek Gregoire and Matthew Peck welcome keynote speaker, author, and professional gift giver John Israel—also known as Mr. Thank You. After launching a social experiment in which he hand-wrote five thank-you cards a day for a year, John uncovered profound insights into how deeper human connections are all about feeling seen, safe, and supported. His Mr. Thank You Project has since inspired thousands of people and companies to create cultures of gratitude and authenticity. In our conversation, you'll hear the science behind why it's easy to focus on the negative, how vulnerability leads to stronger relationships, and how you can use gratitude—even in tough times—to unlock personal and business growth and foster deeper connections. John offers a refreshing perspective on the little things that can make a huge impact. In this podcast interview, you'll learn: Why gratitude is a learned skill—and how to practice it daily How handwritten thank-you notes transformed John's personal and professional life The hierarchy of human connection and cornerstones of deeper relationships How to find meaning and purpose—even in life's most painful experiences The ways SHP builds authentic, long-lasting client relationships through service and care Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

When it comes to high-net-worth retirement planning, having a robust investment portfolio is only part of the equation. Without a comprehensive strategy for generating income, minimizing taxes, and protecting against volatility, you could leave your financial future and legacy exposed to unnecessary risks.  In this episode, SHP Financial's co-founder Derek Gregoire sits down with Planning Solutions Advisor Alina Osokhovska to explore what it really means to have a complete retirement plan—not just a portfolio. Alina shares insights on cash flow management, tax diversification, and proactive planning techniques that can add significant long-term value to your financial outlook.  In this conversation, you'll learn how a strategic mix of pre-tax, after-tax, and tax-free accounts can reduce your lifetime tax burden, how Roth conversions can help your portfolio recover in down markets, and how estate planning documents and gifting strategies can help preserve your legacy. In this podcast interview, you'll learn: Why a strong portfolio isn't enough—and what makes a full financial plan. How cash flow and tax planning work together to protect your retirement income. Factors to consider when pulling from taxable, pre-tax, or Roth accounts. How Roth conversions during market downturns can unlock long-term value. Why annual plan reviews and updated estate documents are essential to safeguard your legacy. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Estate planning is arguably the most important of the five areas of financial planning. When protecting your legacy, having a comprehensive financial plan is only half the battle. Without the proper legal documents—wills, trusts, powers of attorney—you risk leaving behind confusion, the lengthy probate court process, and unintended tax burdens for your loved ones.  Today's episode features “Two Matts” as SHP Financial co-founder Matthew Peck welcomes Matthew Karr back to the podcast. Matt Karr is the founder and principal attorney of the Heritage Law Center in Woburn, Massachusetts, who's been a tremendous resource and ally for us and our clients for many years. With more than 15 years of experience in estate planning and elder law, Matt Karr has helped countless families ensure their wishes are fulfilled and their wealth and legacy are protected.  You'll hear Matt Karr break down the differences between wills and trusts, the benefits of using irrevocable trusts for asset protection, and actionable tips to help your beneficiaries avoid probate court when planning your estate. You'll also learn valuable insights for safely and securely storing your estate documents and why working with an attorney will help your loved ones settle your affairs the way you intended. In this podcast interview, you'll learn: The key differences between wills and revocable vs. irrevocable trusts—and when each is appropriate. How irrevocable trusts can help protect your assets from lawsuits, creditors, and nursing home costs. Why the 30 day waiting period is necessary prior to starting the estate process. How unsecured debts that credit card bills and some medical bills are treated in an estate without sufficient assets. The importance of retaining original copies of estate documents and tips for storing them in a secure but accessible way. Why reviewing and updating your estate plan regularly is essential as laws, assets, and life circumstances evolve. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

In this quarter's episode of “Matt's Markets on the Move,” hosts Laura Russo and Matthew Peck discuss various critical aspects of the financial markets, including the impact of recent tariffs, the importance of diversification, and the overall state of the economy.

Artificial Intelligence (AI) is no longer a futuristic concept—it's here, and its transforming industries, investments, and daily life. Despite the advantages in processing and productivity, many still have concerns about using AI in their everyday lives at home and in business. This begs the question: Should AI be something we fear, or is it just new technology that we should embrace? Here to help answer those questions is Jay Jacobs. Jay is BlackRock's Head of Thematic and Active ETFs, where he oversees the overall product strategy, thought leadership, and client engagement for the firm's thematic and active ETF businesses. We're thrilled to tap into his expertise to break down the evolution of AI and LLMs (Large Language Models), how it's impacting the investment landscape, and what the future looks like in the AI and digital world. In our conversation, we discussed the rapid development of artificial intelligence and its potential to revolutionize sectors like finance, healthcare, and even customer service. You'll also hear Jay describe how AI has evolved into a race toward Artificial General Intelligence (AGI), its ability to increase our productivity on a personal level, and whether the fears surrounding AI's risks are warranted. In this podcast interview, you'll learn: How AI has evolved from Clippy in Microsoft Word to ChatGPT and other LLMs. Why research and investing in AI is accelerating and what's fueling its rapid growth. Why access to data, computing power, and infrastructure are the new competitive advantages in the AI arms race. How businesses are leveraging AI to boost efficiency and customer service. The race to AGI (Artificial General Intelligence)—what it means and how close we really are. How synthetic data and virtual environments are shaping the next frontier of AI development Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Losing a spouse is one of life's most challenging experiences—both emotionally and financially. When it happens, the surviving partner is left to navigate complex decisions while grieving at the same time. And without the right preparation, it can feel overwhelming. Today, Keith Ellis is joined by SHP's Laura Russo, a lead advisor at SHP Financial with years of estate and trust administration experience, to discuss the critical steps every couple should take to prepare for the inevitable. From ensuring both spouses are educated on financial matters to structuring an estate plan that avoids unnecessary stress, Keith and Laura provide invaluable insights that can help make a difficult transition manageable and reduce stress. In this conversation, you'll also hear some of the most common estate planning mistakes, the role of financial advisors and attorneys in estate settlements, and the importance of creating a plan and reviewing it periodically. In this podcast interview, you'll learn: Understand why both spouses should be familiar with accounts, passwords, and investments. Why estate planning is an ongoing process that requires periodic reviews.  Trusts and wills need to be funded to avoid unnecessary taxes, probate, and legal hurdles. How a trusted support system, including financial advisors and attorneys, is essential for a smooth transition. Why life insurance policies should be reviewed periodically to ensure they still meet financial goals. How most families don't realize that some estate attorneys draft documents but don't handle settlements. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

When it comes to retirement planning, many people focus on investments, income strategies, and estate planning—but tax planning is one of the biggest factors that can impact your financial future. Without a proactive approach, taxes can take a bigger bite out of your retirement savings than you might expect. In this episode, Derek Gregoire and Matthew Peck are joined by Peter Roache, a tax expert and longtime partner of SHP Financial. Peter shares important insights on how taxes affect retirement planning, the impact of Required Minimum Distributions (RMDs), and how smart tax strategies—like Roth conversions and tax-loss harvesting—can help you keep more of your hard-earned wealth. We'll also discuss how tax laws are evolving, why planning around IRMAA is key, and how to minimize taxes for your heirs when passing down assets. If you're nearing retirement or already retired, this episode is packed with practical strategies to help you optimize your tax situation. In this podcast interview, you'll learn: Why tax planning is one of the most overlooked aspects of retirement. How RMDs can push retirees into higher tax brackets. Why Roth conversions can be a powerful tool to reduce long-term tax burdens. How IRMAA can increase your Medicare premiums and what you can do to avoid it. How inherited IRAs are taxed and why proper planning is essential for your beneficiaries. The benefits of tax-loss harvesting and how to use it to offset capital gains. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Estate planning isn't just about protecting your wealth and passing it on to your beneficiaries—it's about ensuring a seamless transition for your loved ones while minimizing taxes and legal complications. With tax laws constantly evolving and real estate values climbing, many families could face significant estate tax liabilities. And yet, most people often save their estate planning needs for another day. In this episode, Derek Gregoire and Keith Ellis, Jr. are joined by Keith McManus, a seasoned estate planning attorney with nearly 30 years of experience helping families protect their assets. As the founder of McManus Estate Planning, Keith specializes in trusts, tax-efficient strategies, and probate avoidance. His firm has been a trusted resource for families and business owners looking to optimize their estate plans, and he has been a great partner for us for many years. In our conversation, we'll break down the most common estate planning mistakes, why Massachusetts residents need to be aware of the $2M estate tax threshold, and how to avoid probate headaches. You'll also learn how small adjustments—like updating trusts, reviewing beneficiaries, and structuring assets properly can have a massive financial impact on your legacy.  In this podcast interview, you'll learn: Why the Massachusetts' estate tax could kick in sooner than you think. Estate plans are only effective if they're up-to-date with current information. How poor planning can lead to probate, delays, and extra costs. How married couples can double exemptions with proper planning. Why real estate values may eventually push estates into taxable territory. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Bitcoin and digital assets are among the most debated, complex, and controversial asset classes on the market today. Despite being a polarizing topic, nobody can deny their growing importance in global finance and even in Trump's administration in the White House. That's why we're thrilled to have Ryan Lessard, a Digital Asset Strategist from Fidelity, on the podcast today. Ryan shares his expertise in this emerging asset class to unpack Bitcoin's unique characteristics, including its capped supply of 21 million coins, the blockchain technology behind it, and how it compares to traditional assets like gold.  In our conversation, we discussed why Bitcoin has primarily appealed to younger investors and is particularly relevant in countries with economic instability and hyperinflation. We also explored Bitcoin's potential to diversify portfolios while addressing the challenges, the rapid pace of technological advancements, and the importance of staying curious and continually learning about this evolving space. Disclaimer: The information included in this material is for informational purposes only. SHP will not be held responsible for any detrimental reliance you place on this information. It is agreed that use of this information shall be on an "as is" basis and entirely at your own risk. In this podcast interview, you'll learn: How Bitcoin combines decentralization and blockchain technology. How a capped supply ensures Bitcoin's scarcity and ultimately, its value. Why younger investors are more likely to invest in digital assets. How Bitcoin offers stability in volatile economies. Crypto investing requires knowledge and caution and regulation is key for trust and growth. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

It's a new year, and what better way to kick things off in 2025 than by revisiting your financial plan or creating your first one. We've seen huge fluctuations in inflation, interest rates, and market swings in recent years, and having a plan is the best way to be prepared for when things change. Most people spend their working years grinding, saving, and looking forward to their retirement date. But when the moment actually arrives, many of them wind up feeling unprepared for what they'll do with all the extra time and financial freedom. In this episode, SHP Financial's Matthew Peck and Keith Ellis Jr. dive into the one resolution every retiree (or pre-retiree) needs to make this year: Start asking yourself questions now and paint a picture of your dream retirement. The SHP team is here to help answer those questions and give you the “why” behind our recommendations so you have confidence and know what's possible in retirement. In this podcast interview, you'll learn: Why so many retirees struggle with "What's next?" once they stop working. The biggest mistakes people make when transitioning from a paycheck to financial independence. How to create a flexible retirement plan that lets you enjoy your money instead of worrying if it's enough. The most overlooked financial factors that determines whether you're truly free in retirement How comprehensive financial planning allows you to dream bigger with confidence. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Join SHP Co-founder Matthew C. Peck, CFP® CIMA® and Lead Advisor Laura Russo as they speak about what's happening in the markets in 2025!

Healthcare costs are one of the biggest financial challenges for retirees and pre-retirees. Many people work until they're 65 just to transition into retirement with Medicare. And with healthcare costs so expensive, it's easy to understand why. But what if your financial plan had those costs built into it so you could retire early? To explore this complex topic, we're thrilled to have Scott Hokanson, Founder and President of Brabo Benefits, back on the podcast. We've worked with Scott for over 20 years and are grateful to share his expertise, insights, and strategies for helping retirees manage healthcare costs before and after age 65. In our conversation, we discuss the benefits of Medicare Advantage and Supplement Plans, how to navigate the tough decisions surrounding bridging employer plans and Medicare plans, and why healthcare planning is such a critical component of a comprehensive financial plan. In this podcast interview, you'll learn: The shocking truth about Medicare costs and how to avoid surprises. Strategies for bridging your healthcare coverage before turning 65. Scott's advice on purchasing dental and vision coverage with your insurance. Why Roth conversions can impact Medicare premiums—and when they make sense. The differences and benefits of Medicare Advantage vs. Supplement plans. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

In recent years, there has been plenty of talk about the burden of paying for a college education, and student loan forgiveness has been a hot topic. If it's in the news, then weighing on the minds of our clients. That's why we're so grateful to have Mark Kenney, CERTIFIED FINANCIAL PLANNER and CERTIFIED TAX SPECIALIST here at SHP Financial. With college tuition soaring, preparing for your children's or grandchildren's education is more important than ever. In our conversation, you'll learn some shocking truths about how much student loan debt is being carried in the US, which assets are included in FAFSA's (Federal Application for Student Aid) calculations, and which aren't, and 529 accounts are a great way to save for college education.  In this podcast interview, you'll learn: Why most of the $1.75 trillion in student loan debt is being carried by people over 60 years of age. How to differentiate between the assets that are included and excluded in FAFSA applications. Some of the myths about 529 accounts and why they're an important part of a college education plan. The eligibility requirements, interest rates and repayment terms of Parent PLUS loans. Mark's advice on how to decide between helping to pay for college education vs leaving a legacy with your investments. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Now that the 2024 Election is in the books, we know that a new and yet familiar President-elect will take control of the Whitehouse in 2025. So, what does that mean for your investments and finances?  To help answer that question, Matthew Peck highlights some of the economic factors that SHP Financial will be keeping a close eye on that will impact the markets. While inflation and taxes have been hot topics for some time now, many people are undoubtedly concerned about what the next administration will do to address these issues. In this episode, Matthew breaks down the state of the U.S. economy, how tariffs impact the cost of consumer goods, and how new corporate tax cuts could negatively impact inflation. In this podcast interview, you'll learn: The state of our economy in terms of GDP, inflation, and jobs in late 2024–and how this will influence policy in the years to come.  How Trump's proposed tariffs could dramatically drive up prices for American consumers.  Possible loopholes to be created by new tax codes.  How difficult it is to cut taxes while still addressing inflation and the national debt. How mass deportations, if they happen, will massively reshape America's labor industry. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

If you've been following the podcast, you've likely heard us talk about Roth conversions many times. At SHP, we use Roth conversions as a tool on a daily basis. But it occurred to us, a lot of our listeners might not fully understand what it means or might not be aware of the pros and cons to completing a Roth conversion. So we decided to dedicate a full episode on this very topic today. In this episode, Matthew Peck is once again joined by Nick Nelson, VP of Advisory Solutions at SHP Financial. Together, they'll cover all the basics and the ins and outs of why Roth conversions are such an important tool that we use in our financial planning process. Matt and Nick dive deep into the mechanics of a Roth conversion, who benefits the most from them, and when the best time for a retiree or pre-retiree should consider a Roth conversion to minimize taxes in retirement.  In this podcast interview, you'll learn: What money gets converted when moving into a Roth IRA. Key factors to consider before doing a Roth conversion. How a Roth conversion potentially creates additional flexibility down the road.  The best time to consider a Roth conversion. When the Tax Cuts and Jobs Act (TCJA) will expire and what that means for investors. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

You've had a successful career, you've invested well, and you have everything you need to live comfortably in retirement. Sounds perfect, right? While that would be a dream scenario for some, others often want to do more by giving back and paying it forward. Such is the case with today's returning guest. Matt Flynn owned Glynn Electric for over 30 years, serving Massachusetts, Rhode Island, and New Hampshire residents. But today, he's the VP of Project Trinitē, a non-profit organization on a mission to connect remote communities with global employment opportunities through the deployment of cost-effective globally connected work centers. In today's episode, Matthew Peck is also joined by SHP Financial's Laura Russo to talk about the great things Matt Glynn and Project Trinitē are doing abroad and what compels and motivates him to give back to help those in need. He also shares some excellent advice for anyone who is interested in charitable work and what he looks for in a charity before making donations. In this podcast interview, you'll learn: Matt's advice on where to start when choosing a charitable organization to give to. How his work experience has been an asset in getting projects off the ground in several countries. How Project Trinitē helps by empowering the people they serve to support themselves. That's it's okay to say no and protect your time once you get involved in charitable work. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Join SHP Co-founder Matthew C. Peck, CFP® CIMA® and Lead Advisor Laura Russo as they take a moment to reflect on Q4 and prepare for 2025!

In just a few weeks, Americans will vote to decide who will become the next President. With all the commercials and political coverage dominating our screens, it's easy to get caught up in the media circus during the election season. It's also difficult to determine how much elections should weigh on your mind, as well as your investing strategies and retirement plans. In today's episode, SHP Financial's Matthew Peck and David Hathaway discuss how our elections impact the economy and your investing mindset. We've been hearing about market volatility, inflation, and a potential recession for some time now, but is it all doom and gloom? In this conversation, we dive into why we let elections influence our investing decisions, the roles that our elected officials have in shaping our economy, and what to pay attention to and what to ignore in the weeks ahead before the next President is elected. In this podcast interview, you'll learn: How much impact presidents (and presidential elections) have on our economy–and why it's actually less than you think. Why Congressional and local elections are equally or maybe even more important than who is elected as President.  The downside of letting elections influence your investing mindset and overall outlook on the economy. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

This new age of AI is undoubtedly one of the most significant advancements in technology that we've seen since the dot-com boom in the 1990s. Whether we like it or not, it's already here and growing in popularity. In today's episode, we'll examine the impact that Nvidia is having on the AI revolution and things to consider when adding tech stocks to your portfolio. Joining Matthew Peck for this conversation is SHP Financial's Raphael Hanna. Together, they share valuable insights to help you better understand why Nvidia is at the forefront of the latest boom in technology. You'll learn how Nvidia pivoted from gaming and graphics to become the leading supplier of AI hardware and software, the importance of portfolio diversification and the risk of overexposure when purchasing a tech stock like Nvidia, and what makes the boom in artificial intelligence technology different from the dot-com bubble. In this podcast interview, you'll learn: How Nvidia's market capitalization has grown from $350B to 3 trillion dollars in the past 18 months. How Microsoft is directly responsible for 19% of Nvidia's annual revenue. The amount of exposure (and risk) that investors holding growth or index funds already have in Nvidia. Why Nvidia's revenue is declining in China, but growing exponentially in the U.S. What makes the boom in AI different from the dot-com bubble and likelihood of the AI bubble bursting. Reasons for tempering expectations for the long-term with companies that report huge short-term gains. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Losing your spouse, especially suddenly or in retirement, is a devastating yet common aspect of life. It's a painful and emotional life event, which makes it very difficult for married couples to plan for, especially from a taxation standpoint. That's why we created our Retirement Road Map, designed for all five areas of your financial well-being. From income, investments, taxes, healthcare, and legacy planning–we're here to support our clients so they're prepared when facing life-changing circumstances.  Today, Keith Ellis, Jr is joined by two advisors from SHP, Joe Anderson and Anthony Finocchiaro, to talk about what happens when a spouse passes away and what we do with our clients to ensure that the surviving spouse is taken care of.  We discuss the immediate impacts of death on your finances, how to plan for the unexpected to protect yourself in emotionally trying times, and how to organize your estate at any time in your life to preserve your legacy. In this podcast interview, you'll learn: Why losing a spouse rarely cuts the living expenses in half.  What you can do to take financial uncertainty out of this worst case scenario.  How the best financial advisors minimize the overwhelm that people face when losing a spouse and life partner. The two goals of any good financial plan.  The tax conversations you should be having with your advisor now to protect yourself in retirement.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

If you've made smart financial decisions, secured your nest egg for retirement, and accumulated enough wealth to leave behind, you'll undoubtedly have questions about minimizing estate taxes.  It's one thing to pay your fair share of taxes, but nobody wants to send more money to Uncle Sam than they have to. And that's where having expert advice can help save thousands of dollars and leave more to your loved ones than the government. Here to share some strategies to create a tax-efficient legacy plan is Attorney Matthew Karr of the Heritage Law Center. We've been working with him for nearly 10 years, and we're thrilled to have him on the podcast today.  In this conversation, we dig into the key elements an estate and legacy plan, strategies to minimize estate taxes, and what to look out for in the wake of the latest changes to the tax code.  In this podcast interview, you'll learn: How estate taxes are structured and how they work.  Helpful tips for naming a trustee to settle your estate.  How gift taxes and gift exemptions work to safely pass on money tax-free. Why every financial and tax situation requires a unique approach. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Alternative investments: Perhaps you've heard of them or even dabbled with them in your portfolio. The alternative marketplace has grown rapidly over the past few decades, with no signs of stopping. If you have questions about what they are and how they can add value to your portfolio, we've got you covered. We're excited to have Mike Prescott on the podcast today to help guide us through this landscape. Mike is a Trading Specialist here at SHP Financial and a level 2 CAIA (Chartered Alternative Investment Analyst) with over 10 years of experience in the industry.  In this episode, Mike walks us through some of the most common types of alternative investments (including private equity and private credit), how to determine when investing in alternatives is right for you, and the critical questions you need to ask any advisor before you take the plunge in the alternatives marketplace that continues to grow in popularity.  In this podcast interview, you'll learn: What defines alternative asset classes and the five most common types.  What alternative asset classes all have in common–and what sets them apart. Questions to ask any advisor managing an alternative investment before making those decisions. The three common structures for alternative asset classes. How experts like Mike vet alternative assets before recommending them to clients.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

What's happening in the markets? What indicators should we look at right now, and what can we expect to see in the coming months?  In today's episode, Matthew Peck is joined once again by SHP Financial's Laura Russo to answer these questions in a special podcast edition of our quarterly update.  We'll explore how AI continues to power large-cap positions, what to expect from the Feds with potential interest rate cuts, and what that means for the bond markets. Matt also shares an important message as we steam full speed ahead into another election and the impact that changes in the government have on the markets. Enjoy! In this podcast interview, you'll learn: Why we still recommend people own bonds–and why they deserve their place in a diversified portfolio.  Why indicators show that global economies are continuing to do well despite worldwide political uncertainty.  How AI spending is expected to transform our economy over the next 5-10 years. Why 10 companies are driving 37% of the S&P 500 right now–and why this could be worrisome. The dangers of FOMO when it comes to rational investing.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Today's digital world is full of thieves and scammers looking to access your information and use scare tactics to steal your hard-earned money from you and your family. Victims of these fraud scams are often retirees and the elderly, who are so scared that they send thousands and thousands of dollars before realizing what is happening. To help you protect yourself and loved ones from the seemingly infinite number of cyber criminals out there, we're chatting with former FBI agent Dave Chaves. Dave investigated some of the biggest scammers in the world, and he remains an expert in his field. Today, we talk about red flags to watch out for to determine if you're about to get scammed, what to do if you fall victim to a scam, and how AI is making the scams of tomorrow so much more believable.  In this podcast interview, you'll learn: The common traits of almost all online scammers, including romance and investment scams–and why the IRS will never call you asking for money. How the prevalence of Bitcoin and cryptocurrency has made scams so much worse and harder to recover from. What you should and shouldn't do if a scammer reaches out to you. Why email phishing scams have gotten so much more effective and why you now need to be very careful with confirmations from UPS, Amazon, and other businesses. Steps you can take to improve the security of your most sensitive accounts right now.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

At SHP Financial, we help our clients with many common or technical questions such as, “What is a required minimum distribution?” or “What's a Roth conversion?” However, one of the most popular questions we hear is, “How much money do I need to retire?”  It's a difficult question to answer because the magic number isn't the same for everyone. There's so many factors involved like inflation, bear markets and healthcare expenses to name a few, that just thinking about it is stressful and brings out a lot of fear and emotions for many people. With that in mind, today's episode is all about the process we go through to figure out those magic numbers. Ultimately, it all boils down to creating a plan and having some honest conversations about what an ideal retirement should look like. With proper guidance, you'll enjoy the peace of mind that having a plan provides so that you'll worry about retirement a lot less and perhaps even enjoy the last few years of working a lot more. In this podcast interview, you'll learn: Why the decision to stop working and retire is as emotional as it is financial. The danger of winging your retirement without a plan in place.  How to determine the cost of your lifestyle and make adjustments after you stop working. Why so many clients find work much less stressful once they realize that they can safely retire. The important questions to ask to help ensure you get the most out of your retirement.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Health insurance, Medicare, and long-term care are deeply intertwined with your taxes and legacy plan. If you've done well and saved money for retirement by making sound financial decisions in your working years, we want to help you preserve those assets so you can enjoy your retirement without worrying about healthcare expenses. To help our clients untangle this complex relationship, we're joined by Scott Hokanson, the founder and President of Brabo Insurance. We're thrilled to have Scott back on the podcast today to discuss the challenges so many retirees face when budgeting for healthcare.  In our conversation, Scott explains why healthcare is critical to a successful retirement plan, two choices you can make when signing up for Medicare (and the advantages of each one), and how to create a strategy to get ahead of your premiums.  In this podcast interview, you'll learn: Why so many retirees struggle to get access to care. How medical care in retirement compares to employer-provided insurance.  Why HSAs are an amazing investment vehicle. When to choose a Medicare Advantage plan.  Why insurance has dramatically improved in the United States over the last 20 years.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Losing a loved one is one of the most challenging and emotional periods in anyone's life. When assets, such as property and investments, are left to their beneficiaries, many families have a difficult time knowing where and how to start the process of settling the estate. In today's episode, we'll focus on estate planning, specifically the responsibilities and tax implications that a beneficiary has when they inherit those assets. I'm joined by our very own Mark Kenney and Amanda Glennon, who both have years of experience guiding families through this process to ensure that the actions and decisions that are made won't have financial consequences later. In our conversation, you'll learn how changes to the SECURE Act have impacted how inherited assets are taxed and distributed, the new estate tax exemption rules for Massachusetts residents, and why developing a relationship with an advisor to create an estate plan makes the entire process easier to handle during such an emotional time. In this podcast interview, you'll learn: How changes to the SECURE Act have accelerated the timeframe to deplete inherited assets for non-spouses. What cost basis means and how it applies to inheriting property or investments. The values of an estate that are excluded from state and federal estate taxes. How long a beneficiary can expect to wait before the estate is settled. The difference in taxation from inheriting an IRA and a Roth IRA. The added value in dealing with a Financial Advisor in person vs over the phone when handling an estate. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

In early 2023, SHP Financial passed the $1 billion threshold in AUM, or assets under management. If you've ever wondered what goes into running a firm of this size, how we choose our managers, and how we help our clients create comprehensive financial plans, today's episode is for you. Today's guest is William Malagodi. William has extensive experience building out hugely successful firms. In this conversation, we explore the art of manager selection, how we manage our day to day operations, and go above and beyond to deliver for our clients. In this podcast interview, you'll learn: How financial planners learn about the firms and resources they work with and recommend to clients.  Why it's all but impossible to use just free information from the internet to build a robust, stress-tested portfolio.  SHP's philosophy on risk based and allocation based portfolios. What a comprehensive portfolio review at SHP looks like.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Today, we're joined by Chris Smith, creator of the Campfire Effect and host of the Family Brand Podcast. Chris works with leaders and advisors in the financial planning space to help them tell their stories, scale their businesses, and unlock growth and change.  We've worked with Chris in the past to develop and tell the story of our brand, and we wanted to take this opportunity to share wisdom and insights you can use in your own life and business.  In this conversation, we discussed how financial planning is more than a numbers game, what separates a technically competent financial planner from a truly great one, and how to tell you're receiving the kind of service you, your family, and your legacy deserve.  In this podcast interview, you'll learn:  The important questions you should be asking any prospective financial advisor that go beyond portfolio construction and risk assessment. How a good financial advisor helps challenge and support you to live your best life. Why your financial advisor needs to provide you with guidance and leadership to ensure your successful retirement. The surprising things we learned on our multi-year journey to understand how to best serve our clients. Two simple things you can do to transform your mindset.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Come join SHP Co-founder Matthew C. Peck, CFP® CIMA® and Sr. Service Representative Laura Russo as they take a moment to reflect on Q1 and prepare for Q2! While thinking about the future, they also explore the potential impact of the upcoming election on your retirement. In this episode, we'll explore important trends, possible hurdles, and any new changes. Matt and Laura will bring clarity so you can stay knowledgeable heading into Q2!

As a parent, it's never too early to start talking to your kids about money. Before you know it, they'll be going off to college and getting their first job as a young adult. At that point, they'll probably have questions about how much they can afford to spend and whether or not they should invest in a 401(k). Today's episode will help prepare you for some of those questions. We're excited to introduce our audience to Mike Guthrie. Mike is a Financial Advisor at SHP and has over 25 years of experience in finance and financial planning. Before joining us at SHP, Mike worked at Morgan Stanley, BlackRock, and Northwestern Mutual, to name just a few. In our conversation, we'll explore some of the common questions that your kids might need advice on. We'll discuss employer benefits that might be available to them, the difference between a traditional and Roth 401(k), and what types of investments they should consider within those plans. In this podcast interview, you'll learn: The value of saving early with compounding interest. How to start the process of teaching your kids about managing expenses. The difference between a traditional and Roth 401(k). How Target Date Funds work and why they are attractive for young investors. The importance of investing early with regular contributions, especially when the markets are down. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Many entrepreneurs and business owners will admit that it's easy to get caught up in sales, numbers, targets, and growth. But at what cost? As you'll hear in this conversation, the sacrifices people make to build a 7, 8, or even 9-figure business can leave their family and loved ones wishing they could enjoy more time with them instead of enjoying the fruits of their labor. Today, we're thrilled to have Michael Hyatt on the podcast. Michael is the Founder and Chairman of Full Focus, which has been featured in the Inc 5000 list of Fastest Growing Companies in America and Inc's Best Workplaces. He's also scaled multiple companies, including a $250 million publishing company with 700+ employees, and has written numerous bestselling books, including Your Best Year Ever, Free to Focus, Win at Work and Succeed at Life, and Mind Your Mindset. In this conversation, we get into what Michael is doing to take a back seat in his business without exiting entirely, how to prioritize the Double Win in life and work, and why your most important purpose hasn't been fulfilled if you're reading this right now.  In this podcast interview, you'll learn: How the lessons Michael learned about exits and retirement from his long career in business informed his own transition plan.  What happened when Michael had enormous success in business at the cost of his home life–and how he rethought his approach to show up for his family.  How Michael has helped clients cultivate a vision for their life after the 40+ hour workweek.  The beauty of finding work-life balance–and why purpose is at the heart of it all.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Whether we like it or not, our tax laws will be changing again soon. That's why it's so important to keep your tax planning needs top of mind and be aware of what those changes are and how they factor into your retirement plan. Today, we're once again joined by Chase Reardon to talk about some important changes to the Tax Cuts and Jobs Act and how you can take advantage of opportunities that exist to mitigate taxes.  We'll discuss why tax planning and portfolio planning have to go hand in hand, how Chase and the SHP Financial team works with clients to build a tax plan for their specific needs, and what you can do right now to save money in retirement.  In this podcast interview, you'll learn: Why tax planning can never be a set it and forget it strategy.  The major advantages of the Tax Cuts and Jobs Act–and why these benefits will mostly go away at the end of 2025. How to know whether a Roth conversion is right for you.  Assets you can use to change your tax structure, including trusts, charitable gifts, and 529 accounts.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

If you're buying a home or thinking about refinancing your existing mortgage, you've probably got a lot of questions: what are interest rates going to be? Are these high interest rates here to stay forever? How much equity can I unlock to pay bills or renovate my home? We're thankful to have Nate Hartseil from Main Street Home Loans with us today to walk us through the current mortgage landscape and what your options might be, whether you're looking to buy or sell.  In this conversation, we explore when, why and how the Fed may finally cut interest rates, strategies you can use to retire debt for you and your family, and how to get out from under debts that might be weighing you down.  In this podcast interview, you'll learn: Why Nate believes we're approaching the light at the end of the tunnel when it comes to the housing market.  Why so many Americans are living paycheck-to-paycheck and why debt is on the rise.  The two types of refinances you can use to free up disposable income. When, why, and how to write a reverse mortgage. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

One of the most popular questions that we get from our clients is, "How are you different?" It's a simple question but difficult to explain in 10 words or less. The quick answer is that it's not just the people, our portfolios, or our years of experience on our teams. It's all of it... and more.  Here to help me explain what sets SHP apart from other firms is VP of Advisory Solutions, Nick Nelson. Nick started at SHP in 2016 and has been instrumental in helping us grow our business to what it is today. So today, we'll discuss how we've been a culture that prides itself on delivering an outstanding client experience by putting our clients first and going beyond helping them achieve personal or financial goals. You'll also hear why all of our teams are solutions teams and how each team is making a difference in the growth of our business and our client's lives. In this podcast interview, you'll learn: How being a good culture fit is so important for new hires. Why the Advisory Solutions team is such an integral part of client experience. The ripple effect of growing your firm with trusted and dedicated team players. How SHP's 3rd party relationships enhance the client experience.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Most business owners are probably unaware that the Corporate Transparency Act went into effect on January 1, 2024. More importantly, this new law will directly impact the day-to-day operations of many business owners. Intended to combat money laundering, human trafficking, and funding terrorism, this new law brings with it new reporting requirements with an array of penalties.  We're thrilled to welcome David Chaves back to the podcast as he brings unique skills and experience to talk about this very important topic. He's a retired FBI Agent, attorney, and keynote speaker on topics including white-collar crime, compliance, risk management, government investigations, and leadership.  In this conversation, we'll explain why most businesses will be impacted by this law, how to ensure your business complies with FinCEN if necessary, and how to get ahold of David's ebook to learn more.  In this podcast interview, you'll learn: Who within your company may now need to file for corporate transparency compliance and why it matters.  Reporting deadlines for FinCEN compliance and potential fines for noncompliance. Who will be able to see your FinCEN compliance information after you file.  Why FinCEN compliance is catching the United States up to the rest of the world.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Welcome to the kickoff of 2024 as we explore the evolving economic terrain. Join us for valuable insights shared by SHP Financial's Co-founder, Matthew C. Peck, CFP® CIMA®, who brings clarity to dissect the latest updates in the financial landscape. Alongside him is our co-host and Sr. Service Representative, Laura Russo, ready to provide an insightful perspective and make sense of the dynamic changes in store for this year. In this episode, we'll navigate through the intricacies of the financial world, uncovering key trends, potential challenges, and exciting opportunities that lie ahead. Matt and Laura will break down the essential updates, ensuring you're well-informed and prepared to navigate the economic landscape in 2024!

There are five worlds of financial planning: income, investment, tax, health care, and legacy–and today's episode is all about legacy. We believe your legacy is more than your estate and the assets you leave behind. The fact is, if you don't take control of your legacy with proper financial planning, someone else will. These are tough conversations to have for most people, but by the end of the episode, our goal is to help you feel comfortable taking that first step and getting started. We're happy to have someone like Mark Kenney at SHP share his expertise and experience. Today, we'll discuss how legacy planning impacts every other part of your financial plan, simple ways to reduce your estate taxes, and the key touch points you should be aware of as you create your legacy plan.  In this podcast interview, you'll learn: Why legacy is an integral part of every financial plan.  The common complications that arise in legacy planning and passing assets on to children or other beneficiaries.  How (and why) certain clients choose to gift to their beneficiaries over the course of a lifetime, rather than just after they pass. Why the rules for gifting are more generous when it comes to education (529) accounts.  What makes legacy planning so difficult for DIYers.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

The end of the year is a time to reflect not just on what we're grateful for and what we accomplished, but it's also a great time to review the state of our financial plans–and the opportunities to take advantage of before the clock strikes midnight on December 31.  Here at SHP, that means it's all hands on deck this time of year to check all the boxes so that we're setting our clients up for long-term success and a stress-free retirement.  In today's episode, we're talking about how the major changes to tax law passed over the last five years will affect retirees for decades to come, and what you can do right now to make sure that your finances are one less thing for your loved ones to worry about.  In this podcast interview, you'll learn: Why a holistic financial plan is so much more than portfolio management. How to avoid massive tax penalties when it's time to take required minimum distributions. What you can do to avoid leaving money on the table in a time of maximized interest rates.  Why it's almost always better to focus your time and energy on earning money than saving it by DIYing your finances.   Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

When most people think of tax planning or doing their taxes, many would rather save it for another day. But if there's one area that we can help our clients with to save them money, it's with their tax planning. In today's episode, Derek Gregoire and Matthew Peck emphasize the importance of proper tax planning in your retirement plan. They'll discuss tax diversification strategies, Roth conversions, and concepts to ensure that more of your hard-earned money stays in your account instead of going to Uncle Sam. If you've been contributing to IRA and 401(k) accounts, you have a head start. By implementing simple (yet effective) strategies to move money into tax-free accounts, you'll be ahead of the game when you retire. In this podcast interview, you'll learn: How future increases to tax rates will impact how much investors will need to withdraw from their investments. The guides that are available online at SHP to help with your tax planning needs. How tax planning and legacy planning go hand in hand with what you leave behind to your children and beneficiaries. Why now might be the right time to leverage Roth conversions in your portfolio. How a methodical approach to moving pretax and after-tax dollars to a tax free account will save more money in the long run. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Here at SHP, we get so many questions about Social Security: when to claim it, how it works, and what might happen to it in the future, especially with how dysfunctional Congress has become. As always, we're excited to welcome Mark Kenney, CFP, CTS, back on the podcast to get his thoughts on where things might be headed and how to plan for it.  In this conversation, we dig into the history of Social Security, the common challenges people face when it comes to taking it, and how Social Security factors into a comprehensive financial plan to help you meet your goals in retirement. In this podcast interview, you'll learn: Why Social Security should never be your sole source of income. How to maximize your Social Security benefits–and what to consider as you decide when to take Social Security. How your Social Security benefit is calculated–and who's eligible to claim your Social Security after you die. What the Windfall Elimination Provision (WEP) penalty is and how it can impact your Social Security.  Why Social Security must be fixed in the next ten years to ensure benefits for future generations.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Whether you're retiring in five, 10, or 15 years, you need to be well prepared to retire–but other than your money, what exactly goes into a retirement plan? A lot of financial advisors will simply tell you “You made money. You lost money. Stay the course. That's the plan,” even though that may not be what you want to hear. So, with that in mind, what do you need to be doing each year, and what might you be missing? Today, Derek Gregoire and Matthew Peck of SHP set out to answer that question. We're talking about why your retirement plan shouldn't just be a bunch of 401(k)s, IRAs, and bank statements, why retirement and unemployment aren't that different, and the critical pieces of the retirement plan that are often overlooked.  In this podcast interview, you'll learn: Why you need to build a robust income plan to sustain you through retirement.  The difference between a financial advisor and a fiduciary. How to create a sequence of returns risk to prevent disaster when unexpected expenses arise.  How to quickly identify gaps in your retirement plan and fill in the necessary pieces in the puzzle.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

Anyone who has started their own company will tell you that there are many important decisions that dictate how successful your business will be. And today's guest is no different. Matt Glynn was the proud owner of Glynn Electric for over 30 years, serving residents in Massachusetts, Rhode Island, and New Hampshire. At its peak, Glynn Electric employed over 250 people and had a reputation for delivering quality and reliable service for decades. In today's episode, Matt Glynn shares the factors that led to decades of success and the legacy he left behind after exiting his business. You'll hear how his success may not have been possible without the help and support of his wife, how being a great judge of character when hiring staff was tremendously important, and his advice for new business owners who are on their own entrepreneurial journey. In this podcast interview, you'll learn: The importance of being risk averse as a business owner. How having a supportive spouse/partner was instrumental in growing the business. How micromanagement can be a deterrent to growth in your business. Why it's critical to be a good judge of character when it comes to hiring staff with integrity. How Glynn Electric's education and training program was monumental in their growth and success. When a business owner should start thinking about an exit plan. The great work Matt is doing with the Joshua Glynn Memorial Foundation and the Boys & Girls Club in Plymouth. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

As we head into Quarter 4 of 2023, it can be easy to get caught up in the political drama that we see in Washington D.C. Join us as we find clarity on the state of our market with SHP Financial Co-founder Matthew Peck, CFP®, CIMA®!

Once our clients start building their retirement plans, they realize that while they're probably going to be okay for income, several risk factors could derail their retirement, including healthcare and long-term care.  To help explain how life insurance and long-term care are a vital part of any retirement plan, we have SHP's J. Cawley on the podcast today.  In this episode, we dig into the changing state of long-term care and coverage, how to find long-term care that meets your specific needs, and how to have the important conversations with your team and loved ones to ensure you leave your legacy on your terms.  In this podcast interview, you'll learn: Why long-term care has historically been an afterthought for so many people and why that needs to change.  How to choose hybrid long-term care vehicles to suit your potential needs.  Why most people don't want to rely on families for end-of-life care–and why this care can get very expensive very quickly.  The main reason why many wealth advisors don't talk about long-term care with their clients.  Examples of how to structure your estate plan to reduce your risk and prevent long-term care costs from putting a huge dent in your portfolio.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

The last decade was pretty great for stocks. So many investors flourished under low inflation, low taxes, and low interest rates, and you can safely say that the bull run we just went through was historic.  However, we're now in a recessionary period marked by high inflation–and, just like bear markets of the past, we're going to get through this one, too. If you're nearing retirement, you might be a little concerned about the state of your portfolio, and today's episode was recorded with you in mind.  In this conversation, Derek and Matthew explore how politics and the financial markets of the past impacted each other, the parallels and similarities between what's happening now and what happened then, and what you should be doing now to prepare and plan for a better financial future.  In this podcast interview, you'll learn: Why it's easy to panic in the face of a seeming financial crisis when you don't know how the story ends. What makes this inflationary era both similar to and different from the economy under Jimmy Carter. What happened during the dot-com bubble, the Great Recession of 2008, and even the initial market shocks brought on by the COVID-19 pandemic–and why the solution to all these disasters was always the same. Why it's so important for your income and investment plans to match each other.  When to start considering rolling your 401(k) over to an IRA–and why tax planning is so important at every age. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

A well-organized financial plan is part of a well-organized lifestyle. If you can't find things in your home, you might not be able to find them in writing, either. We amass gadgets, clothes, documents, and so much else in life … so, what can we do about it?  To answer that question, we're thrilled to be talking with Mara Bangura. Mara is the owner of Green Earth Organizing, where she helps people, quite literally, get organized and declutter. In this episode, Mara walks us through how she helps people respectfully part ways with all the stuff we amass in life, how to help friends and family declutter when a loved one passes, and how to apply these strategies both at home and at work.  In this podcast interview, you'll learn: How to give a second life to once-loved objects while also getting them out of your house.  What it means to Death Clean–and the difference between legacies you do and don't want to leave. Why it's so important to go at your own pace–even if it means clearing out one room at a time. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

At SHP Financial, we provide income, investment, tax, health care, and estate planning and help build effective portfolios. Today's podcast is all about annuities. When they might make sense for you and when they wouldn't. Annuities are a big buzzword lately. Some advisors love them, and others steer clear of recommending them. So we've written a Guide to Annuities and made it a free download on our website to improve your knowledge and comfort level of them. With that in mind, we're joined by Joe Anderson. Joe's been a financial advisor at SHP since 2015 and is very well versed on the pros and cons of annuities. We dig into how annuities have become such a controversial investment tool, how to determine if annuities could be a good fit for you, and how to find the right products for your portfolio.  In this podcast interview, you'll learn: Why some financial advisors only sell annuities and why others rarely ever recommend them.  The four major types of annuities and how they're typically used. The potential benefits–and major downsides–of using annuities.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

A well-built health savings account (HSA) can be a powerful part of your retirement portfolio. But there are things that everyone should know to make sure they are maximizing the benefits and getting the most from these accounts. With that in mind, we're not just calling in an expert. We're calling in Bill Stuart, author of HSAs: The Tax Perfect Retirement Account. He's one of the world's leading authorities on this topic, and his understanding of HSAs is truly on another level. In today's conversation, we're talking about the tremendous tax benefits of HSAs, what makes these accounts “triple tax-free,” who can use HSAs (and how to use one if you're eligible), and some basic strategies you can employ at any stage of life to invest for long-term success. In this podcast interview, you'll learn: Why the HSA was created in 2004. The differences between HSAs and FSAs–and why the HSA is often much more valuable. What's covered by an HSA and what might disqualify you from using an HSA. How HSAs work if you're self-employed. What you need to know about rolling an HSA into an IRA or passing it on to your heirs.  Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

If you've invested money in the stock market over the past 10 or 15 years, you've likely felt stressed when looking at your portfolio's wild dips and swings. It's easy to feel like you can never make a good decision or overcorrect in the face of a drastic downturn.  This is why we're so fortunate to have William Malagodi on our team at SHP. He's our Director of Investment Operations and digs deep into money management so our clients can focus on living and dreaming.  In this conversation, you'll learn how William survived trial by fire joining the financial industry during the crisis of 2008, why it's so hard to be a DIY-er in today's economy, and the scrutiny and due diligence that goes into every transaction with client portfolio construction here at SHP.  In this podcast interview, you'll learn: The difference between a broker-dealer and a registered investment advisor.  Why looking at a financial plan isn't just about investment assets–and how changes to the tax code and other laws impact clients' plans each and every year. What manager selection is and how it plays a role in portfolio construction. How we do due diligence when clients make investment requests. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

The financial landscape can feel like it is always evolving, and 2023 is no exception. As we head into Quarter 2, join us in welcoming our Co-founder, Matthew Peck, CFP®, CIMA®, as he shares his insight so that we can be confident to weather any storm.