Save your Retirement with Pat Strubbe

Could we be headed toward a recession? Some economists say that we have a 40% chance of an economic downturn. Pat is here to share simple steps that could help preserve your money if the market takes a dive.

Pat looks at the rising national debt and its recent history, and why many economists feel rising taxes are the only way to try and dig out of it. Later he looks at how to preserve the money you have saved in IRAs and 401Ks, especially as it involves tax planning to try and avoid future tax increases.

Many people think they will be paying less in taxes in retirement because they aren't working. Pat takes a deep dive into the system and finds that may not be the case, that many folks may pay more taxes, especially if rates go up to help lower the mounting national debt.

Many people aren't especially confident about the future of Social Security, which is a huge part of any retirement plan. Pat looks at the system and what may lie ahead regarding its ability to provide income for post-working life. Later he revisits the five financial stages of life and answers listener questions from the mailbag.

After a look at the recent financial landscape, Pat addresses some major questions that people when it comes to their retirement savings and how best to make it work for them.

People have specific things they do with their money that may not always be the best for them. Pat takes a look at what you might want to change regarding your situation. He also goes over the experience of being a client with a financial professional, as well as looking at ways to stay active in retirement.

Retirement plans are like road construction, especially in some areas where caution is advised. Pat takes a look at how to properly construct a written plan to handle all the areas you need in retirement, including income, taxes, health care and more.

A retirement plan needs to account as best as possible for unexpected items such as nursing home care or other such items. Pat takes a look at how a particular plan can take these into consideration. In the spirit of Christmas, he also looks at some examples of people planning various things for retirement and if this puts them on the “naughty” or “nice” list.

Save Your Retirement Pod Complete 101924 by Patrick Strubbe

In this video, we dive into the concept of Social Security's cost-of-living adjustment (COLA) and its impact on retirees. We'll explain what COLA is, how it's determined by the Social Security Administration, and why it's crucial for keeping up with rising costs. If you're curious about how COLA works and what to expect for Social Security in 2025, this discussion will provide the insights you need to feel more informed and in control of your retirement planning.

"Wondering how to navigate the current interest rate landscape? The Federal Reserve has decided to hold interest rates steady, but they've scaled back expectations for rate reductions later this year. So, what does this mean for your financial strategy? In this video, we explore key opportunities while interest rates remain elevated. One standout option is investing in a fixed annuity now. Analysts suggest that securing a high interest rate today could benefit you for the life of the annuity, regardless of future Fed decisions. Don't miss out on this potential opportunity to lock in a favorable rate!"

The art of financial planning and the pursuit of a dream balance between enjoying life today and securing your future. In a world driven by instant gratification, we all know the importance of planning ahead, yet finding that perfect middle line remains a challenge.

In this episode of Save Your Retirement, we dive into the common financial anxieties surrounding the upcoming election, government spending, and rising inflation. We'll explore strategies to develop emotional intelligence to manage these fears, and provide practical advice on how to maintain confidence in your retirement plans despite the noise. Learn to recognize the media's negative bias and understand the importance of having a solid financial plan to ease your mind. Tune in to empower yourself with knowledge and find peace amidst economic uncertainty.

Midlands Area Housing Market Update by Patrick Strubbe

In a world where the only constant is change, Pat explores the top five financial innovations revolutionizing the industry. Discover how these advancements are shaping the future of finance and impacting everyday lives.

Discover how to break the bad habit of living without a financial plan and avoid missing out on valuable tax breaks. With only 33% of Americans having a written financial plan, this show will guide you in ensuring your money lasts through retirement by avoiding poor financial habits and establishing a solid plan.

At Preservation Specialists we have 5 key areas that we focus on for our retirement planning clients, One being Estate Planning. Join Pat and this weeks guest (Jeremy Martin our trusted Estate Attorney from ---) as they discuss whats the best fit for you and there isn't one size fits all.

You spent an entire career saving for your retirement, don't make a misstep that spends down your savings too quickly.

Every client has different financial goals and different financial needs, we want you to find the best fit for YOU!

Retirement tips from retirees

Join Pat and guest Casey Estridge for an insightful discussion on navigating the real estate investment market. Explore the complexities of the IRS tax code with Pat and Jen, and learn practical strategies to safeguard your retirement from tax implications. Don't miss this opportunity to gain valuable insights from industry experts.

“Peak 65” is here with record numbers of baby boomers turning 65 in 2024. That means millions of Americans will be facing decisions about Medicare, when to retire, and when to start Social Security.

Save Your Retirement Edition 4! by Patrick Strubbe

Is 2024 your year to retire? Today we have your retirement forecast for 2024, so you can understand the key factors you might want to consider before you enter this next phase of your life.

Here we are again. The start of another New Year, and the opportunity to get ahead of your financial strategy in 2024. There are several deadlines to remember throughout the year. We want to hit the highlights so you can mark your calendars for key retirement dates to remember for 2024.

What changes will the New Year bring for programs like Social Security and Medicare? Plus the IRS has made some recent changes that could be pretty costly for some of you. We'll tell you what to expect and so much more today.

You might think the hard part is over now that you've spent all these years saving for retirement. But do you know how to turn that savings into income in retirement? And do you know just how much income you can withdraw without penalty from your retirement accounts? We'll cover that today, as well as some controversial opinions about just how much you can safely withdraw.

Interest rates have risen higher and faster than any other time in history. What does that mean for borrowers, for savers, for homebuyers and homeowners? Pat asked his lending expert Sam Cullum of Guild Mortgage to join him on this weekends show

Things are looking up for many of us, with higher average retirement account balances. But what are some of the other factors you don't want to lose sight of? Pat will break it down for you on this week's episode of Save Your Retirement. Don't miss it!

We all know there's more to preparing for retirement than just saving enough. What steps are you taking to preserve what you've saved? Pat covers some of the options for you to consider for your family. Don't miss this week's episode!

Did you know the average American worker will hold about 12 different jobs over their lifetime? If you've worked for more than one company and have saved in more than one 401k, that's all the more reason to get some guidance on getting your finances in order for retirement. Pat has some insights to share on that. Don't miss this week's episode!

You've spent your entire career saving for retirement. How can you make sure you've done enough? The last thing you need at this stage of the game is to make a misstep, so you end up spending down your savings too quickly. So today we have four ways to help you maximize your retirement income. You can make the most out of your retirement by taking these strategic but simple steps. Don't miss this week's episode!

We're well over halfway through the year and mid-year is a great time to take a moment to review your savings, investment, insurance and tax strategies so you have plenty of time to make changes before the calendar flips to 2024. You don't want to wait until the fourth quarter of the year to check on your finances! Pat has your mid-year retirement checklist on this week's episode. Don't miss it!

Concerns about appearing greedy … feeling inadequate … privacy concerns … and paranoia about your own lack of financial knowledge. Those are just some of the reasons why many people absolutely dread talking about their finances. But it's important for you buckle down and have some of those crucial conversations with your spouse, your family, and your financial planner. Pat will share some tips on how to navigate these talks on this week's episode. Don't miss it!

Is there a ‘magic number' you should try to save for your retirement? There are a number of factors to consider when trying to determine if you've saved enough and Pat will cover that today and much more on this week's episode of Save Your Retirement with Pat Strubbe!

What are some of the key pieces of a retirement income strategy? What are some ways you can help ensure your income will last? How important is it to be tax efficient in retirement? How will you pay for long-term care? Those are some big questions but Pat will help you piece together your retirement planning puzzle. Don't miss this week's episode!

It's a tale as old as time. Governments have debt, and leaders who have different ideas about how to address it. Nothing new there. But you might be surprised to learn just how fast our nation's debt grew right from the start of the Revolutionary War. Not only do we have a history lesson for you, but Pat will also cover what you should be ready for in the future in terms of government spending, and how it can impact your retirement. Don't miss this week's episode!

The fear of outliving your money isn't a new concern for retirees. But it's become an even bigger concern for many of you thanks to factors like inflation and longevity. Analysts say now is the time to get serious about planning for your future. As retirement confidence is dropping, now is the time to Save Your Retirement with Pat Strubbe!

You've heard us say it before … people tend to spend more time planning for vacations than they do planning for retirement. But there are some fun comparisons we can make between planning for summer travel and preparing for retirement. Don't miss this week's episode of Save Your Vacation Retirement with Pat Strubbe!

Last year was a year of “worsts” for our economy. Even the bond market logged its worst year on record, leaving new retirees wondering … “How can I stay retired? What am I supposed to do to help make sure I won't run out of money?” And those concerns aren't going away so far in 2023 with new concerns about interest rates, inflation, and bank failures. Don't miss this week's episode of Save Your Retirement with Pat Strubbe!

You might have your home paid off (or nearly paid off) when you get to retirement, but are there any other housing costs that you might need to prepare for? This is especially important if you'd rather spend as many years as possible in your home rather than moving to a retirement community or assisted living facility. Don't miss this week's episode!

With everything going on in the world right now, your finances need to be able to weather any financial storm. Today on “Save Your Retirement” we'll outline some of the major financial risks on the horizon today. We'll also cover “all-weather” strategies to help you protect your savings, no matter what kind of storms are unfolding in the financial world. Don't miss this week's episode!

There are a few things that are rightfully yours when you get to retirement … the wealth you've built up in your retirement savings (after taxes of course) … and your Social Security benefits.

2023 is bringing some significant changes to our retirement system in the U.S., with the passage of Secure Act 2.0. Pat is here to walk us through all the changes and new opportunities that exist under this new legislation. Don't miss this week's episode!

We're finally seeing some positive economic trends in the final weeks of 2022 with some better economic numbers here in the U.S. So, are we out of the woods yet? And how does the 2023 retirement outlook shape up? Pat will fill you in on today's episode of “Save Your Retirement.” Plus, we'll go over key questions for your retirement strategy and we'll have some holiday fun with the Christmas Price Index for 2022. Don't miss it!

Here we are again. The start of another New Year, and the opportunity to get ahead of your financial strategy in 2023. There are several deadlines to remember throughout the year. We want to hit the highlights so you can mark your calendars for key retirement dates to remember for 2023. Don't miss it!

Do you dread trying to get through to your financial advisor? Feel like your questions go unanswered? You just might need to find someone new to help you with your financial plans for retirement. And you're in luck because this week Pat will help us identify the top signs that you need a new advisor.

We're finally seeing some positive economic trends in the final weeks of 2022 with some better economic numbers here in the U.S. So, are we out of the woods yet? And how does the 2023 retirement outlook shape up? Pat will fill you in on today's episode of “Save Your Retirement.” Plus, we'll go over key questions for your retirement strategy and we'll have some holiday fun with the Christmas Price Index for 2022. Don't miss it!

“It's more likely to get worse than better.” That's the forecast for the global economy in the coming months. Pat will tell you more about what analysts are predicting for our economic future and what it means for your retirement. Don't miss this week's episode of Save Your Retirement with Pat Strubbe!

“It's more likely to get worse than better.” That's the forecast for the global economy in the coming months. Pat will tell you more about what analysts are predicting for our economic future and what it means for your retirement. Don't miss this week's episode of Save Your Retirement with Pat Strubbe!

The fourth quarter is here and it's time for savvy, strategic investors like you to take action. Creating a tax-efficient, inflation-adjusted income strategy now can help you stay ahead of the game later. On this week's show, Pat tells you what should be on your year-end checklist, PLUS we'll cover the three stages of retirement. Don't miss it!