Podcasts about how much do you need

In a week where the market exited correction, the wealth advisors at Grimes and Company say there is money to be made in a volatile market, as long as you have a plan on when to get back in. Plus, investing in gold and bitcoin, managing your portfolio in times of volatility, and how to manage it for life and retirement, no matter if you're 35 or 55. Chapters: 2:46 - Markets This Week 5:22 - What Made Trump Blink? 6:30 - Is Volatility the New Norm? 7:51 - We've Seen This Volatility Before 10:50 - Gold Has Gone Parabolic, Time to Buy or Sell? 12:55 - ETF or Physical Gold? 16:08 - If You Like Gold, You Should Probably Like Bitcoin 19:50 - Managing Your Portfolio in Times of Volatility 21:28 - Don't Sell Without a Plan to Buy 26:10 - How Much Do You Need to Retire and How to Manage Your Portfolio to Get There 29:29 - Volatility Is Your Friend When Saving for Retirement 31:30 - Saving for Retirement vs. Living Life 33:43 - What to Watch Next Week Volatility got you concerned? Get a free portfolio review with Wealthion's endorsed financial advisors at https://bit.ly/4jHED2A Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Markets #Investing #MarketVolatility #StockMarket #Gold #Bitcoin #PortfolioStrategy #Stocks ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

Barenaked Money: Answering Common QuestionsIn this episode of Barenaked Money, hosts Josh Sheluk and Colin White, portfolio managers at Verecan Capital Management, tackle a series of frequently asked questions about finance. They discuss the value and costs of mutual funds versus ETFs, demystify zero fee trading platforms, and highlight the importance of having a will. The hosts emphasize the consequences of not saving for retirement even if you have a pension and explain the right times to adjust your portfolio's asset mix. They offer advice on balancing debt repayment with saving, clarify misconceptions about growth versus dividend-paying stocks, and underscore the role of financial advisors in comprehensive financial planning. The discussion aims to provide clear, unbiased insights into various aspects of personal finance.00:00 Introduction to Barenaked Money Podcast00:12 Frequently Asked Questions Overview01:19 Mutual Funds: Pros and Cons03:41 ETFs vs. Mutual Funds07:54 Zero Fee Companies Explained11:43 Questions to Ask Your Financial Advisor16:44 Tax Myths and Realities18:41 The Importance of Savings Beyond Pensions20:14 The Importance of Financial Planning for Retirement20:52 Understanding Pension Inflexibility22:07 How Much Do You Need to Retire?23:23 Adjusting Your Portfolio Asset Mix27:57 Saving vs. Paying Off Debt30:31 Dividend Stocks vs. Growth Stocks34:05 The Importance of Having a Will37:39 Conclusion and Final Thoughts

How much do you need to retire, and are you on track to get there? We break down the simple formula to calculate your retirement number, the power of tracking your net worth, how to do it, and the key financial habits that will set you up for long-term success. Whether you're in your 20s, 40s, or nearing retirement, this episode will help you take control of your financial future.On this episode, we discuss:(00:00) Intro(00:28) How Much Do You Need to Retire?(01:02) Understanding Retirement Goals(02:42) Personal Retirement Plans(04:57) Calculating Retirement Needs(07:09) Tracking Net Worth(08:41) Financial Planning and Budgeting(15:36) Balancing Lifestyle and Financial Goals(28:26) Business and Retirement StrategyCheck out the free resources from Inovayt here.Send us an email: hello@thenumbersgamepodcast.com.auThe Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD.

The latest episode of the Valencia Property podcast talks about a new scam and perspectives for 2025. How will the property market in Valencia move? We also look at why you can't buy cheaper properties in the city, why we won't be working with clients wanting Airbnb properties in Valencia and a whole lot more. The resistance is real. Join us in Valencia.  Articles mentioned in the show notes are below There's a New Scam in Town https://www.valencia-property.com/new/2024/12/02/theres-a-new-scam-in-town/  How Long Does it Take to Buy a Property in Valencia https://valencia-property.com/new/2024/11/25/how-long-does-it-take-to-buy-a-property-in-valencia/  The Valencia Property Blog Niche https://valencia-property.com/new/2024/11/18/the-valencia-property-blog-niche/  The Best of Valencia Property 2024 https://valencia-property.com/newedit/the-best-of-valencia-property-2024/  Valencia's Floods. What Happened? https://valencia-property.com/new/2024/11/14/valencias-floods-what-happened/  The Valencia Property Market Now - November 2024 https://valencia-property.com/new/2024/11/11/the-valencia-property-market-now-november-2024/  Americans - Escape Routes and the Spanish Golden Visa https://valencia-property.com/new/2024/11/06/americans-escape-routes-and-the-spanish-golden-visa/  The One We Didn't Want to Make https://valenciaproperty.podbean.com/e/s3ep3/  Disastrous Floods to the South of Valencia and How To Help https://valencia-property.com/new/2024/11/01/disastrous-floods-to-the-south-of-valencia-and-how-to-help/  Why We Are No Longer Dealing With Investors for Airbnb https://www.valencia-property.com/new/2024/10/28/why-we-are-no-longer-dealing-with-investors-for-airbnb/  Lifestyle Design and Lifetime Value https://www.valencia-property.com/new/2024/10/21/lifestyle-design-and-lifetime-value/  Savings, Mortgages and Costs. How Much Do You Need? https://www.valencia-property.com/new/2024/10/14/savings-mortgages-and-costs-how-much-do-you-need/  The Seller Doesn't Care About Your Plans https://www.valencia-property.com/new/2024/10/07/the-seller-doesnt-care-about-your-plans/  Why VPO is a big VP No https://www.valencia-property.com/new/2023/09/25/why-vpo-is-a-big-vp-no/ 

Are you saving TOO much for retirement (or early retirement)? Could you retire years sooner than you think? Will retirement expenses be even less than what you spend now, allowing you to reach FIRE faster with a smaller nest egg? Today, we're getting into that exact question as Finance Friday guest Ethan asks how he can ensure he's on the right track for early retirement by age fifty-five. And if you're like Ethan, you could retire RIGHT NOW…but should you? Ethan is spending a LOT of money every month. He's got two kids in private school, extracurricular sports fees, pricey car payments, and a mortgage. The good news? He's raking in cash at his high-paying tech job! His current expenses cost him nearly $20,000 per month, but this number could be cut in half (if not more) once his kids leave the house. This means that his FIRE number might be a fraction of what he thinks it has to be to retire early. Speaking of early retirement, is it wise to leave such a high-paying career to sit on the beach all day? Ethan has the skills and the energy to make a sizable income, so what should he do instead of full-time work once he reaches early retirement? Should he transition to part-time consulting, focus more on rental property investing, or buy a business? In This Episode We Cover Why your FIRE number may be WAY off from what you need to retire early  The retirement expenses that disappear once your kids are out of the house  Making money in retirement and whether buying a hands-off business is your best bet Planning for future weddings and how much you should set aside for your kid's big day  Limiting your taxes by qualifying for real estate professional status (REPS) Whether or not you're keeping too much cash on hand (is the bank account interest worth it?) And So Much More! Links from the Show Mindy on BiggerPockets Scott on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Join BiggerPockets for FREE Email Mindy: Mindy@biggerpockets.com Email Scott: Scott@biggerpockets.com BiggerPockets Money Facebook Group Support Today's Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate Get on the Path to Early Retirement with “Set for Life” Property Manager Finder Dude ACTUALLY Withdraws From His 401(k) and Retires at 47 w/Eric Cooper (00:00) Intro (04:27) Money Snapsho (12:44) Current Net Worth (15:11) Work Less, Travel More? (21:10) Early Retirement Expenses (27:02) Buy Rentals for Retirement Income (33:59) Paying Too Much in Taxes (38:22) Downsizing Houses and Next Steps (44:40) Saving for Future Weddings (48:52) How Much Do You NEED to Retire? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-577 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

You don't need to work longer, you just need a better plan. Schedule a consultation with this link to tailor a plan that suits your unique financial goals: https://calendly.com/charlesdzama/dzamatalk-complimentary-15-min-phone-call"Retirement isn't about hitting a number; it's about understanding what it costs to live comfortably and having a plan that gets you there."Chapters0:00 - The $1 Million Retirement Question1:10 - Gross vs. Net Income Explained - Understanding Your Federal Pension Net Amount2:00 - Calculating Your Social Security Payments & The 4% Rule: Is It Enough?3:15 - Adjusting for Taxes and Healthcare Costs - State Taxes and Their Impact3:50 - How Much Do You Need to Retire? - Tips for Calculating Your Monthly ExpensesConnect with CD Financial for More Insights:  Twitter: /CDFinancial_LLC  Instagram: /CDfinancial.llc  Facebook: /CDFinancialLLC  LinkedIn: /cd-financial-llcVisit our Website https://cdfinancial.org/Subscribe and Stay Updated:Don't miss out on crucial advice for your financial journey. Subscribe now for weekly insights and strategies to secure your retirement.Get More from CD Financial:Looking for personalized advice? Schedule a consultation with Charles to tailor a plan that suits your unique financial situation. https://calendly.com/charlesdzama/dzamatalk-complimentary-15-min-phone-callAdvisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company.Opinions expressed herein are solely those of CD Financial and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation.#RetirementPlanning #TSP #401K #FinancialAdvice #InvestmentStrategy #podcast #financialadviceSupport the show

How Much Do You Need for Early Retirement? (How to Calculate Your FI Number) Podcast Description What's your financial independence number (FI/FIRE number)? Are you being too conservative, or are you cutting things close? Do you even have one? Today, we're taking a deep dive into this hotly debated topic to help you build a nest egg that will support your early retirement!   Welcome back to the BiggerPockets Money podcast! How much money do you actually need to retire? For years, the four-percent rule has been the “official” stance of the FI community. But why is it, then, that so many people continue saving and investing when they can comfortably retire? In this episode, Scott and Mindy talk about their own FI numbers, how they calculated them, and how their financial positions have evolved over time. You'll learn whether the four-percent rule still works today or if you need a larger buffer!   If you're worried about inflation, one of the best things you can do is keep your living expenses in check. This might seem out of your control, but there are several ways to either lock in certain costs or eliminate them entirely. We'll discuss the many advantages of a paid-off house, self-managing your rental properties in retirement, and a one-time investment that could help you save thousands of dollars over your lifetime! In This Episode We Cover How to calculate your financial independence number (and when to adjust it!) The four-percent rule explained (and whether it still works in 2024) Why most people chasing FIRE don't retire on the four-percent rule How to control your expenses and protect against inflation in retirement The “home run” investment that could save you thousands of dollars And So Much More! Links The 4% Rule: The Easy Answer to “How Much Do I Need for Retirement?” (00:00) Intro (01:18) Calculating Your FI Number (07:37) Does the 4% Rule Work? (15:32) Locking in Your Expenses (22:40) How to Combat Inflation (31:48) Retiring on a Different Portfolio Mix Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-570 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

"How Much Do You Need?" by Pastor Gary Espeseth. Follow along with today's sermon using the Bible App. http://bible.com/events/49293347 Connect with us: crosslakechristian.com/connect Give online: crosslakechristian.com/give Watch Live Sundays @ 10:45 - live.crosslakechristian.com

Our guest on the podcast today is Scott Rick. Scott is an associate professor of marketing at the University of Michigan's Ross School of Business. He is the author of a new book, Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships. He received his Ph.D. in behavioral decision research from Carnegie Mellon in 2007, and he then spent two years as a postdoctoral fellow at Wharton. His research focuses on understanding the emotional causes and consequences of consumer financial decision-making, with a particular interest in the behavior of tightwads and spendthrifts.BackgroundBioScottrick.comTightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships, by Scott RickCouples, Spendthrifts, and Tightwads“A Penny Saved Is a Partner Earned: The Romantic Appeal of Savers,” by Jenny Olson and Scott Rick, papers.ssrn.com, Sept. 1, 2017.“Spendthrifts and Tightwads in Childhood: Feelings About Spending Predict Children's Financial Decision Making,” by Craig E. Smith, Margaret Echelbarger, Susan A. Gelman, and Scott I. Rick, Journal of Behavioral Decision Making, December 2017.“‘You Spent How Much?' Toward an Understanding of How Romantic Partners Respond to Each Other's Financial Decisions,” by Jenny Olson and Scott Rick, sciencedirect.com, 2022.“Common Cents: Bank Account Structure and Couples' Relationship Dynamics,” by Jenny Olson, Deborah Small, Scott Rick, and Eli Finkel, Journal of Consumer Research, December 2023.“Subjective Knowledge Differences Within Couples Predict Influence Over Shared Financial Decisions,” by Jenny Olson and Scott Rick, journals.uchicago.edu, October 2023.“How Much Do You Need to Know About How Your Spouse Spends Money? Maybe Less Than You Think,” by Scott Rick, theconversation.com, June 10, 2024.Gift-Giving“Why Gift-Giving Makes You Anxious,” by Scott Rick, Time.com, Dec. 19, 2023.“How to Be a Better Gift-Giver to a Partner,” by Scott Rick, psychologytoday.com, Feb. 22, 2024.

Today, we're talking about things people wish they'd known before retiring. Planning for retirement is a tricky business! Lots of moving pieces and parts. Today we're going to share some things real retirees said they wish they'd known before they retired. We're going to focus on five high-impact areas that can add tens of thousands of dollars to your retirement savings. Host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. Friend of the show, Pam Krueger from Wealthramp, returns to share real stories of retirement regrets. Before you listen, remember: This isn't financial advice. So make sure to do your own research and consult your own experts before acting on anything you learn here. You can listen to the podcast wherever you get your podcasts: Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Watch out for these money mistakes In this episode, we discuss specific retirement mistakes, but they're not the only money mistakes you could make. Check out these resources that cover some of the most common money mistakes—not just retirement—and how to avoid them. 5 Surprisingly Costly Mistakes We Make at Gas Stations 15 Common Thrift Store Shopping Mistakes to Avoid 12 Home-Selling Mistakes You'll Regret 16 First-Time Homebuyer Mistakes To Avoid 7 of the Worst Car-Buying Mistakes You Can Make 27 Big Financial Mistakes That Most People Make — and How to Fix Them 14 Mistakes That Are Running Up Your Water Bill 6 Mistakes That Can Cost You a Job Offer in No Time 9 Money Mistakes Setting Fire to Your Future 6 Medicare Mistakes To Avoid for a Healthy Retirement Don't Make These 6 Expensive Financial Mistakes 15 Mistakes People Make With Roth IRAs The 3 Mistakes Nearly Every Investor Makes 6 Estate Planning Mistakes to Avoid Helpful tips for a better retirement Ready to take the next steps for a better, more successful retirement? We've got you. Check out our retirement resources: How Much Do You Need for Retirement If You Live to Age 100? 12 Simple Ways To Save Money in Retirement Over-Saving for Retirement: Advice From People Who Saved Too Much Your Year-End Retirement Checklist: Prepare for a Great 2024 and Beyond 6 Ways to Keep a Stellar Credit Score in Retirement (and Why) 15 Tips to Successfully Downsize in Retirement The Right Advisor Can Double Your Retirement Savings: 4 Tips to Find One The Top 8 Sources of Retirement Income, According to Retirees The Top 10% of Retirement Savers Share These 4 Traits 98 Tips for a Healthy, Wealthy and Happy Retirement 8 Ways AI Can Help Plan Retirement — and 12 Risks From Using It 11 Retirement Milestones Everyone Should Know 12 Hard Truths About Retirement Meet this week's guest, Pam Krueger Pam Krueger is a recognized investor advocate and award-winning personal finance journalist and author. She is the founder and CEO of Wealthramp, an advisor-matching platform that connects consumers with rigorously vetted and qualified fee-only financial advisors. It is the only advisor referral service that gives people full control over when and how they talk to their referred advisors. Her perspectives on personal finance regularly appear in Marketwatch, Forbes, PBS Next Avenue, and she is a frequent speaker on fiduciary financial advice. In addition, Pam is an active volunteer member of the Retirement Income Committee at the Defined Contribution Institutional Investment Association (DCIIA), a non-profit dedicated to enhancing the retirement security of America's workers. She has also served on the California Jump$tart Coalition, an organization dedicated to increasing financial literacy among children and teens, where she created one of their most successful curricula available for K-12 teachers called, Investing Pays Off For Kids. Each year, she spends part of her time in San Francisco, California and lives in Cape Cod, Massachusetts. Wealthramp Podcast: MoneyTrack Podcast: Friends Talk Money X (Twitter) LinkedIn Don't listen to podcasts? A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone or by listening online. They're awesome for learning stuff and being entertained when you're in the car, doing chores, jogging or riding your bicycle. You can listen to our latest podcasts here or download them to your phone from any number of places, including Apple, Spotify, RadioPublic and RSS. If you haven't listened to our podcast yet, give it a try, then subscribe. You'll be glad you did! About the hosts Stacy Johnson founded Money Talks News in 1991. He's a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate. Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.Become a member: https://www.moneytalksnews.com/members/See omnystudio.com/listener for privacy information.

WFR Radio 343 9 - 7-23 How Much Do You Need to Retire by Tony Walker Financial

We grew our real estate business FAST, buying 5 properties in about a year and ½ - 2 year period. And, we've learned a lot! You know I'm all about sharing what works for me in my life and business, and that's what we're doing in today's episode. I have my husband, Adam, back on the podcast and we're sharing 7 things we learned in these first years of real estate investing. It's the good, the bad, and the ugly with plenty of laughs along the way.    Whether you also invest in real estate or if you're just wanting to do this at some point, there is something for you here. And, if you want an update on our properties and how they did in 2022, head back to episode #197 where we share the RAW numbers of how things did last year plus lots of other tips as well.    We discuss things like: - Tenants (getting them, keeping them, tenant relationships, etc.)  - Resources we LOVE for running our business - How we think about interest rates - Capex and how to calculate it  - Stand alone homes versus townhomes/condos  - How vacancy affects a real estate business  - and more!    Come tell us what you think over on Instagram @elizabethmccravy!    Links mentioned in this episode: - #197 http://elizabethmccravy.com/197  - #134 - Real Estate Biz Q&A – Part 1: How We Got Started In Investing, Buying In A Seller's Market, Working With Your Spouse: https://elizabethmccravy.com/134  - #135 - Real Estate Biz Q&A – Part 2: How Much $$ Do You Need, Screening Tenants, Management Companies, Buying Multiple Properties At Once, And Financing: https://elizabethmccravy.com/135  - #136 Real Estate Biz Q&A – Part 3: Strategies For Getting Started, Other Ways To Invest Your Money, How To List Your Properties, And The Challenges We've Experienced Along The Way: https://elizabethmccravy.com/136  - (Episode on Client Boundaries) #125 - The Top 4 Mistakes You're Making With Client Experience (That Are Causing YOU And YOUR Clients A Major Headache!): http://elizabethmccravy.com/125  - Turbotenant: http://elizabethmccravy.com/turbotenant  - My Smart Move: http://elizabethmccravy.com/mysmartmove  - “How to Invest in Real Estate” Book: https://rstyle.me/+K6WDH0F50MgQ13WT45ZwoA - Connect on Instagram: https://www.instagram.com/elizabethmccravy/ - Shop Showit website templates: https://elizabethmccravy.com/showit-website-templates/

When I surveyed you guys about what you want more of on the podcast in 2023, a resounding answer was investing, financial, and real estate investing content. NOW… I'm not about to turn this into a real estate podcast, don't worry. But, as someone who likes to share what's working for me with you all, I love giving you a behind the scenes into what I do with the money that my business makes because I know this type of information can help you too.  Whether or not you have real estate properties right now, this is for you. This is especially for you if this is a side business you're interested in pursuing! I had Adam on the podcast last on episodes #134, #135, and #136, which was over 16 months ago! In those episodes, we talked about our real estate business and answered some of your questions. It was really fun and we've gotten great feedback from those episodes. Since then, we have more properties — 5 total, and we've learned a lot!  Here's what we're covering today: Breaking down the exact financial numbers on 3 of the properties (what we invested, the ROI, and cash that was made in 2022)... yes, all the details!  Macroeconomics of real estate and the housing marketing right now  Marriage and working together in a business like this  How real estate can be a family business  Unexpected costs involved that decrease your profits  Advice if you're struggling to invest in real estate  And so much more!  We joke that this was our business year end meeting that you get to sit in on because it truly felt that way! I hope you enjoy it, and come back next week where we'll be sharing what we know now that we wish we knew when we first started our real estate business.  Links mentioned in this episode: - Previous Real Estate episodes: #134 - Real Estate Biz Q&A – Part 1: How We Got Started In Investing, Buying In A Seller's Market, Working With Your Spouse: https://elizabethmccravy.com/134  #135 - Real Estate Biz Q&A – Part 2: How Much $$ Do You Need, Screening Tenants, Management Companies, Buying Multiple Properties At Once, And Financing: https://elizabethmccravy.com/135  #136 Real Estate Biz Q&A – Part 3: Strategies For Getting Started, Other Ways To Invest Your Money, How To List Your Properties, And The Challenges We've Experienced Along The Way: https://elizabethmccravy.com/136  (I shared the wrong numbers in the episode audio. The episodes are #134-#136! Scroll back to listen in or click the links above)  - “How to Invest in Real Estate” Book: https://rstyle.me/+K6WDH0F50MgQ13WT45ZwoA - Spark Cash back Card: https://elizabethmccravy.com/capitalone  - Connect on Instagram: https://www.instagram.com/elizabethmccravy/ - Shop Showit website templates: https://elizabethmccravy.com/showit-website-templates/  - Join Booked Out Designer: http://elizabethmccravy.com/BOD 

In this episode of Ready for Retirement, James discusses what investments you should own in your retirement portfolio?Questions Answered: What are the best investments to provide income throughout retirement?What are the best strategies to maximize income?How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 5:05 - Stock Ownership12:15 - Company FAQs19:55 - Just Need S&P 500?26:03 - Safe Investments?29:09 - How Much Do You Need?Check out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.

 “Without vision, people perish.” -Bronson Hill Inflation can be our friend... if we know how to use it to our advantage. One way to do that is through real estate. Real estate is one of the few investments that offer long-term value and can continue to appreciate over time without any extra effort on our part! In fact, it is one of the safest investments we can make because it has been historically proven stable.  This week, I have the opportunity to sit with Bronson Hill, the founder and CEO of Bronson Equity. Before stepping into entrepreneurship, Bronson worked as a consultant for a medical device company where he met physicians who earned millions in a year. Seeing how much time they were trading to earn their wealth, Bronson decided he was going to let money work for him and not the other way around. Eventually, he discovered the world of real estate where he was able to create the life he wants. Today, Bronson continues to help others live their dream life with less of the risk and more of the benefits.    Listen in as Bronson and I discuss how to get started into real estate successfully, why savings is not always a good idea, how much money do we need to invest, how to reduce our taxes, the unfair advantage of multifamily investing, and how we can use the time freedom that we have to continue growing, not only our wealth, but also ourselves. Connect The Modern Man:  Website Facebook Twitter Instagram YouTube    Highlights:  01:32 Leaning Into The Discomfort 06:49 How to Get Into Real Estate 10:06 Invest with Less the Risk 14:47 Why Saving Money Is NOT ALWAYS a Good Idea 18:28 How Much Do You Need to Invest? 22:19 Lessons From Millionaires 26:03 How to Reduce Your Taxes  32:40 Recap 

If you have a family, life insurance is essential, and term insurance is the best kind. But what's the best way to buy it? We'll talk about that today on MoneyWise. Okay, it seems like we get a question about life insurance almost every day. Do I need it? Or, Should I get term or whole life? So let's clear those up first. DO YOU NEED LIFE INSURANCE? If you have a family that depends on your income, you need life insurance. If you're a stay-at-home spouse caring for children, you too need life insurance, primarily because child care is expensive. Now, we almost always tell folks to choose term over whole life policies because term is pure insurance. It doesn't muddy up things with a savings component, and it's far cheaper. So you want term insurance, but there are several ways you can go about getting it. And we should mention that whichever way you buy it, you always want to choose a company that has an A++ rating and you can check out insurers at AMbest.com. HOW TO BUY TERM INSURANCE So how should you buy term insurance? First, you can get it directly from an insurance company. This is for folks who like to deal with an older, established insurer, and most of the big name insurance companies would fit into this category. Many of these companies have been around for more than a century and have great stability. When you buy through them, you'll probably have to deal with an agent on the phone who'll take you through the process. Another way would be to use a comparison site. This is good if you want to price shop in a hurry. I won't name any of these web sites, but you probably hear ads for them all the time. These actually aren't insurance companies themselves. Instead, they gather price quotes from several different insurers as a convenience for you. Then, when you choose a policy, you actually buy it from the company that offers it. This way can save you a lot of time because you only have to enter your information one time instead of having to do it for each company as you shop around for quotes. But keep in mind that these comparison sites often deal with only a select group of insurers that pay them a commission. So it's possible to miss the very best quote if the site you're using doesn't have an agreement with that company. You can also buy a policy through a new company that's associated with one of the bigger, legacy insurance companies. These upstart insurers have the stability of the older companies that back them financially, but they exist largely in the digital realm. They're for folks who don't want the hassle of talking to an agent and would rather apply for a policy online. So if you find a great quote online from a fairly new company that you may not have heard of before, check to see if it's backed by one of the traditional insurers. If it is, you get that measure of reliability while still working completely online. ONE MORE WAY TO BUY TERM Now, there's one more way to buy term life insurance, and this is really about the type of insurance you're getting. You have a choice between what's called simplified term and instant issue. As the name implies, instant issue is for folks who want life insurance without having to get a medical exam. You can usually apply online and get an answer right away. Several smaller companies specialize in instant issue policies but several of the larger, legacy insurers also offer them. They're great for people with pre-existing conditions who want access to life insurance. But they come with a few catches. The death benefit with an instant issue policy tends to be smaller. Also, the term is likely to be shorter, and finally, it probably will cost more than a regular term policy that includes a medical exam. HOW MUCH DO YOU NEED? Now, you might be wondering just how much life insurance you need. A good rule of thumb is 12 to 15 times your annual salary. For a non-working spouse taking care of children at home, the rule of thumb is 5 to 10 times your annual expenses. And one final thought. Another question we sometimes get is whether life insurance (or any insurance for that matter) is biblical. Or does it mean that you're not trusting God to provide? To be sure, God will provide. He promises to provide, and He is always faithful. But we are called to be stewards, and taking care of your family is certainly good stewardship. 1 Timothy 5:8 reads, But if anyone does not provide for his relatives, and especially for members of his household, he has denied the faith and is worse than an unbeliever. Unless you're independently wealthy and don't need to work, you need life insurance to provide for your family should something happen to you. I hope that puts your questions to rest. On today's program, Rob also answers listener questions: ● Is there a way to quantify the financial benefits that a company offers to employees? Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

If you have a family, life insurance is essential, and term insurance is the best kind. But what's the best way to buy it? We'll talk about that today on MoneyWise. Okay, it seems like we get a question about life insurance almost every day. Do I need it? Or, Should I get term or whole life? So let's clear those up first. DO YOU NEED LIFE INSURANCE? If you have a family that depends on your income, you need life insurance. If you're a stay-at-home spouse caring for children, you too need life insurance, primarily because child care is expensive. Now, we almost always tell folks to choose term over whole life policies because term is pure insurance. It doesn't muddy up things with a savings component, and it's far cheaper. So you want term insurance, but there are several ways you can go about getting it. And we should mention that whichever way you buy it, you always want to choose a company that has an A++ rating and you can check out insurers at AMbest.com. HOW TO BUY TERM INSURANCE So how should you buy term insurance? First, you can get it directly from an insurance company. This is for folks who like to deal with an older, established insurer, and most of the big name insurance companies would fit into this category. Many of these companies have been around for more than a century and have great stability. When you buy through them, you'll probably have to deal with an agent on the phone who'll take you through the process. Another way would be to use a comparison site. This is good if you want to price shop in a hurry. I won't name any of these web sites, but you probably hear ads for them all the time. These actually aren't insurance companies themselves. Instead, they gather price quotes from several different insurers as a convenience for you. Then, when you choose a policy, you actually buy it from the company that offers it. This way can save you a lot of time because you only have to enter your information one time instead of having to do it for each company as you shop around for quotes. But keep in mind that these comparison sites often deal with only a select group of insurers that pay them a commission. So it's possible to miss the very best quote if the site you're using doesn't have an agreement with that company. You can also buy a policy through a new company that's associated with one of the bigger, legacy insurance companies. These upstart insurers have the stability of the older companies that back them financially, but they exist largely in the digital realm. They're for folks who don't want the hassle of talking to an agent and would rather apply for a policy online. So if you find a great quote online from a fairly new company that you may not have heard of before, check to see if it's backed by one of the traditional insurers. If it is, you get that measure of reliability while still working completely online. ONE MORE WAY TO BUY TERM Now, there's one more way to buy term life insurance, and this is really about the type of insurance you're getting. You have a choice between what's called simplified term and instant issue. As the name implies, instant issue is for folks who want life insurance without having to get a medical exam. You can usually apply online and get an answer right away. Several smaller companies specialize in instant issue policies but several of the larger, legacy insurers also offer them. They're great for people with pre-existing conditions who want access to life insurance. But they come with a few catches. The death benefit with an instant issue policy tends to be smaller. Also, the term is likely to be shorter, and finally, it probably will cost more than a regular term policy that includes a medical exam. HOW MUCH DO YOU NEED? Now, you might be wondering just how much life insurance you need. A good rule of thumb is 12 to 15 times your annual salary. For a non-working spouse taking care of children at home, the rule of thumb is 5 to 10 times your annual expenses. And one final thought. Another question we sometimes get is whether life insurance (or any insurance for that matter) is biblical. Or does it mean that you're not trusting God to provide? To be sure, God will provide. He promises to provide, and He is always faithful. But we are called to be stewards, and taking care of your family is certainly good stewardship. 1 Timothy 5:8 reads, But if anyone does not provide for his relatives, and especially for members of his household, he has denied the faith and is worse than an unbeliever. Unless you're independently wealthy and don't need to work, you need life insurance to provide for your family should something happen to you. I hope that puts your questions to rest. On today's program, Rob also answers listener questions: ● Is there a way to quantify the financial benefits that a company offers to employees? Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Over the last couple of years, we've covered many topics on investing and retirement planning. We have a whole library of information on any topic that you can think of. In this episode of the Secure Your Retirement podcast, we share information on where you can find the episodes, you're looking for over a glass of Erath Pinot Noir wine. We explain the different episodes under different categories and why you should listen or re-listen. Listen in to learn why we advocate for the simple three-bucket retirement strategy instead of the buy and hold strategy. In this episode, find out: ●     Episodes on estate planning include wills, power of attorneys, trusts, and much more. ●     Recommendations on retirement planning episodes and what you'll learn. ●     Episodes to help you understand tax and how to tax do the planning. ●     Episodes on portfolio management – why active management and not buy and hold. ●     The big topic of annuities and the 8-part series we have about them. Tweetable Quotes: ●     “The retirement bucket strategy is a simple three bucket strategy that takes away all the stress because you're going to know where your cash, income and safety, and growth are at.”- Radon Stancil ●     “Once you have the investment strategy and retirement plan figured out then taxes become something you want to focus on.”- Murs Tariq Where Is My Episode? Estate Planning: EP 1 – Chess Griffin – How to Know What You Need for Your Estate Plan EP 73 – Chess Griffin – Do You Need a Trust? EP 106 – What Should You Consider If Your Spouse Passes Away? EP 109 – Chess Griffin – Special Needs Trust – What You Need to Know EP 135 – How to Create an Estate Plan Without the Stress EP 160 – 6 Considerations for Your Estate Plan Retirement Planning: EP 8 – Planning for Retirement – How the Process Works – Part 1 EP 10 – Planning for Retirement – How the Process Works – Part 2 EP 12 – Planning for Retirement – How the Process Works – Part 3 EP 18 – How to Build an Income Plan For Retirement EP 22 – Looking at The Whole Picture in Retirement EP 44 – How Do IRA and 401K Rollovers Work? EP 48 – How Much Do You Need to Retire? EP 52 – The Retirement Planning Checklist EP 58 – Social Security – When is The Right Time? EP 88 – Having a Team Approach in Retirement EP 97 – Social Security Strategies EP 118 – 4 Questions to Help Your Income Plan EP 157 – The Retirement Bucket Strategy EP 162 – 401k Versus IRA Taxes: EP 13 – Tom Turner – Planning Taxes and Retirement EP 66 – How To Convert an IRA to a Roth IRA EP 94 – Tax Strategies for Non-IRA Brokerage Accounts EP 124 – IRAs – Required Minimum Distributions EP 130 – Considerations For Charitable Giving EP 133 – Steven Jarvis – Tax Planning for Retirement EP 158 – Tax Planning Versus Tax Preparation EP 161 – How Required Minimum and QCDs Work EP 163 – Steven Jarvis – Mid-Year Tax Strategies Portfolio Management: EP 16 – Investing During Retirement – Buy and Hold or Active Management? EP 19 – Bill Sherman – Buy and Hold is Dead EP 56 – Asset Allocation or Strongest Assets EP 146 – Risk Adjusted Portfolio – How It Works EP 150 – What's The Difference Between a Mutual Fund and a ETF? EP 153 – Bonds Versus Bond Alternatives EP 159 – When Cash Is Good Annuities: EP 26 – Annuities – Why Ever Use Them EP 30 - Annuities – Why Ever Use Them – Part 2 EP 34 - Annuities – Why Ever Use Them – Part 3 EP 38 - Annuities – Why Ever Use Them – Part 4 EP 41 - Annuities – Why Ever Use Them – Part 5 EP 46 - Annuities – Why Ever Use Them – Part 6 EP 47 – Annuities – Why Ever Use Them – Part 7 EP 54 – Annuities – Portfolio Implementation – Part 8 EP 128 – Should I Consider an Annuity in My Financial Plan? Resources: If you are in or nearing retirement and you want to gain clarity on what...

Raising animal protein for food on the homestead. What are some of the options? And what are some of the factors to consider when making your choices. As you may know our choices for raising animal protein on the homestead currently includes cows, goats, sheep and poultry. In the very near future, we plan on having pigs. There are other types of protein that we may have or have considered. I'll talk about all of those. But first, as always, I will never take you all for granted. You make this show possible. Welcome to any and all new listeners and welcome back to the veteran homestead-loving regulars who stop by the FarmCast for every episode. You mean so much to me. Thank you so much for your support of this podcast. It has been a while and I'm so excited to share with you all about the homestead. Our Virginia Homestead Life Updates We've had a busy morning already. Scott is milking. I set up for making butter in a little while and put some yogurt on to ferment. It will be ready in less than 8 hours. I've been out to the garden and planted a half dozen flowers, stocks this time, and let the chickens out to play. Chickens/Quail Chickens you say. When did that happen? If I remember correctly, the eggs began hatching on April the 8th. I had 24 eggs each of American White Bresse and Black Copper Maran. There were two incubators running and all went well. I hatched 17 White American Bresse and 7 Black Copper Marans. Due to the low hatch rate on the Marans, the eBay seller sent me another dozen for the cost of postage. I incubated those and hatched three more of the Black Copper Maran from that batch. The first batch of low hatch rate was not my fault. Most of the eggs were not fertile or perhaps were “scrambled” in the shipping process. But I must say that of those that didn't hatch in the last dozen, four were nearly or fully formed. I have no idea why they died just before hatching but have to believe it must have been something I did or did not do with that last batch. At the moment, I have 14 American White Bresse and 9 Black Copper Maran. I lost three of the Bresse and one of the Marans. That last loss happened just a few days ago. That particular chicken was hatched six days after the rest of the crew. It was always smaller, but a little over 2 weeks ago, it developed some kind of disorder. It couldn't really stand up. The vet happened to be here that day and took a look at it. She recommended antibiotics for a few days and see how it goes. That seemed to help a bit but eventually the chick succumbed to whatever the ailment was. The vet did not have a lot of information on chicken issues of this type. She said there are just too many variables without testing. And chicken generally are not worth the cost of testing. So, there you go. Dogs There is a lot to talk about with the dogs. I'll try to keep it brief. Let me start with the current state of affairs and then go back and fill in a few details. Finn disappeared about 4 weeks ago and has not returned. While he and Charlotte escaped a lot, Charlotte has always been back the next day and Finn never more than two days. We did have to go and fetch him three different times. He seemed to get so far away that he did not know how to get home. Charlotte and Mack are now guarding the sheep. They seem to be doing well with that task. Charlotte still goes wherever she wants, whenever she wants, but she stays relatively close. She grieved for about two weeks after Finn disappeared. I had her on a tether so she could not run away, but even after I let her loose, she was very quiet. Being a Great Pyrenees, she generally barks a lot. But there was nothing for many days. Now she is back to barking up a storm. Fear of Thunder Speaking of storms, on the day that Finn disappeared, there was a storm and Charlotte returned home only hours after they both escaped. I found that she is very scared of thunder. Still, after seven months, she will not let me walk up to her to pet her. But if there is thunder, she is right there beside me looking for comfort. I can pet her all I want in those moments. But Finn did not show up with her, not unusual. Let's see if I can be brief regarding of the circumstances of Finn's final escape. Starting about six weeks ago, we were trying to get them to bond with the sheep so we put all of them together in the front pastures. We had already been trying this for some time in the field next to the house. We were able to contain the dogs there. The same was not true when we moved them to the front fields. For several days we tried patching places in the fence to keep them contained. They still escaped nearly every day. After an escape that had Scott going a few miles to pick up Finn, we put both of them back in the field right next to the house. Finn was put on a tether. Charlotte will stay close by to him. We then spent long hours discussing what we were going to do. Another Coyote Attack In the meantime, we left the sheep in the front pasture. Within three days of the dogs being out of the pasture, we had a coyote attack. We lost six of seven lambs and one of our new ewes. The remaining sheep and lamb were moved back into the field next to the house with the dogs. Just three days alone and the coyotes zeroed in on them. We suffered yet another huge emotional and financial loss. It's far in the past now and I am over it, but as you can probably imagine, it was quite traumatic at the time. Again, I was questioning whether we wanted to have sheep and goats. I got over that bit of negativity and we still have the sheep and a deposit on some goat kids. More on that later. After lots and lots of research, I decided to try and train Charlotte and Finn with an ecollar. It was recommended over and over again in the Livestock Guardian Training group on Facebook. No matter the ecollar system, it is an expensive and time-consuming undertaking. We were keeping Finn on the tether and Charlotte always stayed with him. But what to do about protecting the sheep? We can't keep them in the same field forever. The sheep must be rotated from field to field for their health and the availability of grass. The idea of fixing fences every day, every time we move them to another field or paddock was completely unrealistic. The time to complete the ecollar fence and training would be months and months. We decided to go back to an original plan before we got Finn and Charlotte. Mack was to be the sheepdog. We had kept him separate with the cows because he chased the sheep. He bonded well with the cows and we were preoccupied with trying to train Charlotte and Finn to guard the sheep. All was well there. Now that Finn and Charlottes plan with the sheep was scrapped, we decided to bring Mack back into the picture. And this was the fatal day that we lost Finn. Let's Train Mack Now that we decided to train Mack with the sheep, what was the plan to make that happen? We needed to check the health of the flock after their coyote ordeal. The plan was to bring all the sheep and Mack to the corral together so he could see us working with the sheep. Then we would bring the lot of them back to the field next to the house for a week or so until Mack could start to see them as his animals to be protected. Well, we needed to move Finn and Charlotte out of that field while we made this short jaunt up the travel lane to the corral and back. We put Finn and Charlotte into the lower garden fenced area. We had held them there before and there was no problem. We didn't take the time to move the tether. By the time we returned with the sheep and Mack only about 30 minutes had passed. I'm guessing that within 10 minutes Finn and Charlotte had gotten into the orchard and then completely out of the perimeter fence. I'm still grieving over Finn. Tomorrow will be four weeks. There is not much hope, but I still cling to just a little bit of hope. He has a collar that has our farm name and phone number clearly visible from 3 feet away. I can't imagine someone would steal him. How would they know they needed to strongly contain him? He could have run afoul of a bear or that pack of coyotes. He could have been hit by a car, though we have found no evidence of that. Someone could have shot him. He could have gotten to the Primland resort. They have all sorts of bears, lions, and who knows what else over there. It's an internationally known hunting resort. I just don't know. I just don't know. And that's the worst, not knowing. He could still be out there. A Brief Hope Still Burns About three weeks ago, we had a call from someone who thought they had “our dog”. I was so relieved, but then it wasn't our dog, it wasn't Finn. It was a Great Pyrenees dog that was extremely skinny and had some medical issues. Perhaps Finn is still out there somewhere like that trying to survive. There is that small string tied to hope coming up again. I better move on. Sheep/Lambs The remaining sheep and lamb are doing really well. We moved forward with the plan for Mack guarding them. Charlotte was also in the same field and I let her off the tether after only a few days. She was so despondent I thought it was best. My instincts were correct for once in that situation. No more escaping. She stays pretty close, though she does still roam around various places on the property. I will eventually have to train her to stay within the perimeter. I think Mack is beginning to bond with the sheep. Moving him out of the field next to the house has sealed that deal. Before that move, the sheep were with Mack and Charlotte, but the calves were also in that field. Mack immediately bonded with the calves, but not the sheep. Moving the dogs and sheep to a separate paddock from the calves seems to have worked. Fingers crossed, so far it has worked. The sheep are still wary of the dogs. It will likely take months and months for them to become comfortable with Mack. I mentioned in a previous podcast that he is food aggressive. He has chased them away from his food multiple times. We are working on a system where the dogs can have their food and the other animals cannot get to it. The sheep are easily chased away but we really want them to get along with the dogs. Eventually, all of the cows and sheep will be together and the cows are not so easily chased away. And truly, the dogs should not have to fight for their food. Yet another plan is a work in progress. Scott is working on that today. Goats I've gone back and forth about whether I want to bring goats back onto the homestead. I already decided that I want Kiko goats. They are very expensive goats. And when I say expensive, I mean very, very expensive. The kind of expense that would really hurt our finances. I have put down a deposit on a trio of Kiko goats. It will be late summer, fall or even next spring before we have these goats. Two does and a buck as a starter herd is the plan. Not only is it imperative that the dogs begin guarding the sheep so I can feel confident they will guard the goats, but more training will be needed so that the dogs don't harm the goats when they arrive. Thankfully, that is still quite a few months down the road. There should be plenty of time to get the dogs and sheep stabilized in their symbiotic relationship. Adding the goats will be just a short training period with the goats in the next field over where they can be seen but with no contact. After a few weeks, we would introduce them to the dogs with close supervision until we are comfortable that the dogs will accept them as part of the family.   More on the goats as that time gets closer. Cows/Calves Luna went to a new home. We sold Luna and her bull calf to a lovely couple looking for a family milk cow that was not going to overwhelm them with milk. Luna was perfect for them. And her bull calf is going to be breeding their other cows. It was a great fit and I'm so glad that we could rehome her so well. Since Luna is rehomed and Cookie finally had her calf, we are now milking three cows. Butter, Cookie and Claire. I make cheese on Mondays and the rest goes to the calves and fulfills the herd shares. All is going well with the cows at the moment. AI for Spring 2023 Calves AI for birthing in March has already started. We AI'd eight cows. By Monday we will know whether we need to try again with any of these girls. If we see signs of any of them coming into heat again, we call the vet and she will try again. We also have a tentative plan to breed one or two in the fall so that we have milk year-round. Perhaps if only one or two do not take, we will let one slide and try again in December for births in September 2023. And there is always Cookie. She calved so late that she did not make it into the initial AI session. At the moment, she is already slated for December AI. Of course, we can still change our mind at any time until mid-July. AI can be done as late as Mid-July for projected births no later than mid-April 2023. There are always so many decisions to be made.   Garden I'll briefly mention the garden. Finally, the entire garden is planted. Yesterday I put in the last of the winter squash and melon seeds. I may plant a few more flowers, but the veggie part is done. Tomatoes, Lima Beans, Eggplant and Chard I ended up with a lot more tomatoes than I had planned. Who knows that I am going to do with them? I have four beds of baby lima beans that are looking good. The eggplant is going to be stellar this year, as is the chard. The chard is pretty easy, but I must say I am more than pleased with the eggplant. I haven't grown it in four or five years because of repeated failures. I had given up on being able to raise that vegetable. I'll say it again, these plants look fantastic this year. This could be the year of my success with eggplant. Summer Squash and Cucumber I also planted cucumber and summer squash which is also a first for several years. They have never done well for me. We shall see how they progress. It is too early to tell how they are going to do. We only transplanted my plant starts less than a week ago. I see many of them catching on, but time will tell. Onions and Herbs The onions look fantastic. I also have cilantro, parsley, and peppers planted. The cilantro looks weak. That one I keep trying but cannot say I have been successful with it – YET. No basil. I only started Thai basil and I sold all of those plant starts at the farmer's market. I may have to buy a plant or two of sweet basil just to refresh my stock of dried basil. We shall see. Winter Squash/Pumpkin The last few beds have winter squash and pumpkin. Some of those are from seed which has not yet sprouted. I hope to see a jungle of plants out there in the next month.   Creamery As far as the creamery, Scott and I (mostly Scott) are putting up the ceilings in the barn and milking parlor area. He has finally gotten caught up on all of his other tasks and is moving ahead with completing the creamery. As usual, we are behind schedule, but you know what?, we will keep plugging along. It will get done, but on God's timeline and now ours. That's about all I have to say about the creamery today. I hope to have lots of updates on this topic in the next podcast. Let's get on to the topic of the day. Raising Animal Protein We have lots of resources that I've already talked about. As you can tell, there are always challenges, no matter how well you think you've laid out your plan. And every day brings new decisions that you never knew you would have to make. No matter how educated or prepared you think you are, just know that every day is a learning experience. You will never get it done, settled, never to change. Large or Small to Start Unless you have previous experience with large animals, cows may not be your first goto animal for raising protein. My suggestion is to start with something smaller. Sheep and goats are smaller, but even smaller than that are chickens. Chickens are always a great place for anyone to start. Comparatively, they are easy. In many places, you can raise chickens in your backyard. If you have an HOA, maybe not, you may have to forgo the chickens, but there are other options. I'll talk about some in a moment. The thing to keep in mind with chickens is whether you are looking for egg or meat protein – or both. If you are looking for both, check out dual purpose birds. There are many other factors to take into consideration, but this one is the most important. Choosing Chickens You don't want to get caught up in exotic chickens, really cool looking chickens, that don't produce the meat and eggs you require for your family. While many exotic-looking chickens can provide exactly what you need, it is important to check the statistics regarding the finished size of the bird and/or expected numbers of eggs per year. Some may be as little as 150 eggs per year, while others may produce nearly 300. Generally, the more eggs, the less body size. And vice-versa. More body size can produce significantly few eggs. It's not 100% true, but a good rule of thumb. Rely on the published statistics for your chosen breed. While you may not buy from Stromberg's or McMurray's (those are the two biggest outfits that I know), they are a great resource for comparing one breed to another. They each have lots and lots of information about the chicken breeds they carry. It really helps in making your decision. Then you can choose who and where to get the chicks for your enterprise. Once you've chosen your breed, the internet, in general, is your resource for details. Search engines are amazing for providing answers to specific questions. Just today, I looked up the age at which my chickens should start laying. For the Bresse it can be as early as four months old, while the Marans can be as late as six months old. I didn't really consider that in my decision for which breed to choose, but it may be an important stat for you. How quickly can you begin to get eggs? Which breeds may have health issues? Are there any climate issues to consider based on where you live in the country? And so on. Choose your breed, but then read up on it to make sure it will be a good fit for you. And as always, you may make a mistake and need to start again. No problem. You won't be able to think of every single question and get every choice correct the first time. As I said, every day is a learning experience. You may consider ducks, though often we keep ducks just because they are cute and not so much for meat. Having said that, they do provide good meat and they come with their own set of challenges related to water. I don't have any and can't provide much more information than that. They always seem like more trouble than they are worth. Your mileage may vary. Rabbits and Quail Other small animals to consider are rabbits and quail. Both of these can be grown in the smallest of environments. And an HOA will likely not even know you have them as long as you keep the manure cleaned up regularly. Both tend to produce a lot of odors from excrement. Out here, I can get away with any amount of odor I can stand. In an apartment or HOA subdivision, you will need to find ways to dispose of the manure likely on a daily basis. As with all animals, there is learning to be done, but both of these animals are relatively easy to raise. Goats and Sheep I would say that the next largest animals up the scale are goats and sheep. Obviously, you need some land for this. I can't imagine any HOA allowing grazing animals in your yard. But you also don't need a huge amount of acreage for just a few sheep or goats. You will need fencing. If you keep them close to you, a family dog can often provide deterrents to predators such as other dogs and a coyote or two. An acre or two of good pasture will suffice for one to five goats and/or sheep. Of course, it depends on where you live, but supplementing with hay is always an option if you don't have the grazing space. You'll likely need hay even if you have the acreage. Pigs Next up would be pigs. We haven't given these guys a try yet, but it is only a matter of time. We have been so focused on the cows, sheep and goats that we simply haven't had the time to get this enterprise started. You can also keep one pig in a relatively small area. They are generally friendly and easy to work with from everything I've seen. Of course, it depends on the particular animal. You could end up with a mean or unruly animal. Just like humans, there are all kinds of personalities out there. Visit the farm where you plan to purchase your pigs and see how they interact with them. Is the breed you are considering a docile breed? Will it do well on pasture. Sad as it is, there are some breeds that will require some confinement and lots of feed to live and grow. They have been bred to thrive in that environment. If you have woods, you have a great environment for raising pigs more naturally. This is another animal with which I have no experience, so I'm not going to say more here. Just listing it as an option for animal protein sources.   Bovine Animals If you are into the big animals, cows and even bison might be a good choice for you. Even with a cow, you can get by on a couple of acres. You'll need more or less hay according to where you live. And as an aside, all of this info is for the US. I am definitely not your resource for anywhere outside the continental US. And I don't have any info on raising bison, but there are plenty of them available out in the Oklahoma and Texas areas. They are a big, scary animal but it's definitely doable. Check out Arms Family Homestead for info on bison. How Much Do You Need? Anyway, as far as beef, one butchered cow will provide protein for at least a family of four for a year. It depends on how much meat that your family consumes and that in turn depends on their ages. A couple of teenagers and you need the whole cow. If your children are younger, you might only need ½ a cow. And you will need to factor in what other animal protein sources you have chosen to raise. Now that I am on that subject, I'll give you our stats and you can perhaps scale it up for you and your family. For the two of us in a year we plan for as much as ¼ cow, ½ pig, 1 lamb and 1 goat. That amount changes depending on which animals we have available at any given time. But if all things were equal, that is what I plan for the two of us for a year's worth of animal protein. Add to that lots and lots and lots of eggs from the chickens. As far as chicken meat, I don't have a very good idea of how much we consume. Unfortunately, I've been buying them at the grocery store at irregular times. Usually, when I'm shopping and think, “gee, I haven't had chicken in a while” and then I buy one of those rotisserie ones. All of that is coming to an end soon, thank God. At the moment we don't eat a lot of chicken simply because it requires that trip to town. I've heard others plan the number of meat chickens from one a week to one a month. There are 52 weeks in the year and 12 months. Your needs will fall in there somewhere. And all of that has to change if chickens and rabbits are your main source of animal protein. You might need two a week or some other number. Make your best guess and then adjust each year as you narrow those numbers down for your changing family situation. Again, your plans will change as you learn. Final Thoughts That's it for today's podcast. I'm changing my schedule to make it easier for me to publish podcasts more often. There is always so much going on and the animals and gardens have first priority – and of course getting that creamery up and running. We will get there eventually. In the meantime, I'm assessing how I use my time and opening up more opportunities to share our homestead updates and a little bit of wisdom on how you might get started. God willing, I think I've given you enough basics on animal protein sources to get you started. Shoot me an email with any questions you have about getting starting with growing your own animal protein for food. I'm always happy to take a few moments to respond. Tell me what you are trying to accomplish and I will try and provide some guidance or at the very least, where to find more information. If you enjoyed this podcast, please hop over to Apple Podcasts or whatever podcasting service you use, SUBSCRIBE and give me a 5-star rating and review. It really helps with the algorithms. If you like this type of content and want to help out the show, the absolute best way you can do that is to share it on all of your social media platforms. Share it with any friends or family who might be interested in this type of content. Let them know about the Peaceful Heart Farmcast. Thank you so much for stopping by the homestead and until next time, may God fill your life with grace and peace. To learn about herd shares: Visit our website Herd Share page To share your thoughts: Leave a comment on our Facebook Page Share this show on Twitter, Facebook and Instagram and all your social media To help the show: PLEASE LEAVE A REVIEW for Peaceful Heart FarmCast on Apple Podcasts. Subscribe on iTunes, Stitcher Radio, Google Play Music, TuneIn or Spotify Become a community member on Locals Donate on Patreon Website www.peacefulheartfarm.com Locals peacefulheartfarm.locals.com Rumble https://rumble.com/user/peacefulheartfarm YouTube youtube.com/peacefulheartfarm Patreon www.patreon.com/peacefulheartfarm Facebook www.facebook.com/peacefulheartfarm Instagram www.instagram.com/peacefulheartfarm  

How Much Do You Need? See omnystudio.com/listener for privacy information.

In today's episode we dive deeper into Pat's plans to transition into semi-retirement.  Hear the full story on how he's going to do it and what he's weighing up.  We also discuss the trade-offs between working more and retiring sooner, common concerns and fears around leaving work.  Whichever stage of the FI journey you're in, you'll get value from this one.Discussion points...Pat's FI journey to this point  (04:39)Thinking about stepping away from work  (10:13)Finding a work role suitable for semi-retirement  (14:16)Weighing up the pros and cons around this decision  (21:58)Concerns and worries around transitioning to retirement  (30:27)Other things to consider and Pat's next steps  (38:37)Resources and stuff mentioned...How we track our investments:  SharesightPodcast:  The Benefits of Semi-Retirement (And How To Do It)Podcast:  Mistakes and Traps to Avoid on the FI JourneyPodcast:  How Much Do You Need to Retire Early?More from us...Pat's blog:  Life Long ShuffleDave's blog:  Strong Money AustraliaContact us with questions and feedback:  fireandchillpod@gmail.com

In this episode of the Life on Autopilot podcast, I'll dive into how to determine if you need experience to start your business. When many people first get started they fixate so much on trying to learn before starting that they get caught up and can't move forward.  So, if you've ever felt like you might be holding yourself back because you don't think you have the experience it takes to get started, then this episode is for you!  Here are a few points I cover:  Online gigs: How Much Do You Need to Know Beforehand? How to Take Messy Action You Have More Experience Than You Think You Do Experience Doesn't Reflect Your Earning Potential To hear more insights on how to let go of the limiting belief that you need experience to start your business, be sure to listen to the entire episode. If you have enjoyed this episode of the podcast, take a screenshot, head on over to my Instagram and share it on your IG stories and tag me, @ohtheplacesashgoes   CONNECT WITH ASHLEY:  Instagram Website Facebook Reserve your seat for my How To Build A Profitable Business On Social Media Webinar

Podcast: The Modern Man Podcast (LS 36 · TOP 2.5% what is this?)Episode: 145: How to Eliminate Financial Burnout with Chad WillardsonPub date: 2021-05-26Notes from Pacific Capital's Podcast Playlist:"Stress Free Money" is available on Amazon. Click here http://shorturl.at/hyGX4“Compound interest in growth is what saves the day in the future. You can't make up for those lost years.” -Chad Willardson   According to a study conducted by the American Psychological Association (APA), money is among the top causes of stress. Left unchecked, it can bring in even more problems. Learn the secret to financial freedom with our guest, Chad Willardson, the best-selling author of Stress-Free Money. As a fiduciary, Chad shares common financial mistakes that people make, how to build an effective financial plan, when to start investing, what to invest on, and how much you actually need to start an investment. Ted and Chad also talked about the importance of writing down your goals, paying attention to your cash flow, balancing your budget, and planning for the long-term. If there is one thing you can give your future self, it is financial freedom. Don't miss this week's exciting conversation! Connect with Ted:  Website Facebook  Twitter Instagram LinkedIn YouTube Highlights:  04:23 What is a Fiduciary?  10:29 How to Build a Financial Plan 13:04 The Biggest Financial Mistakes 16:03 How Much Do You Need to Invest?  18:52 What Can You Invest On?  25:10 The Impact of Decisions 28:25 Stress-Free Money LifeThe podcast and artwork embedded on this page are from Ted Phaeton, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Podcast: The Modern Man Podcast (LS 36 · TOP 3% what is this?)Episode: 145: How to Eliminate Financial Burnout with Chad WillardsonPub date: 2021-05-26Notes from Pacific Capital's Podcast Playlist:"Stress Free Money" is available on Amazon. Click here http://shorturl.at/hyGX4“Compound interest in growth is what saves the day in the future. You can't make up for those lost years.” -Chad Willardson   According to a study conducted by the American Psychological Association (APA), money is among the top causes of stress. Left unchecked, it can bring in even more problems. Learn the secret to financial freedom with our guest, Chad Willardson, the best-selling author of Stress-Free Money. As a fiduciary, Chad shares common financial mistakes that people make, how to build an effective financial plan, when to start investing, what to invest on, and how much you actually need to start an investment. Ted and Chad also talked about the importance of writing down your goals, paying attention to your cash flow, balancing your budget, and planning for the long-term. If there is one thing you can give your future self, it is financial freedom. Don't miss this week's exciting conversation! Connect with Ted:  Website Facebook  Twitter Instagram LinkedIn YouTube Highlights:  04:23 What is a Fiduciary?  10:29 How to Build a Financial Plan 13:04 The Biggest Financial Mistakes 16:03 How Much Do You Need to Invest?  18:52 What Can You Invest On?  25:10 The Impact of Decisions 28:25 Stress-Free Money LifeThe podcast and artwork embedded on this page are from Ted Phaeton, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

“Compound interest in growth is what saves the day in the future. You can't make up for those lost years.” -Chad Willardson   According to a study conducted by the American Psychological Association (APA), money is among the top causes of stress. Left unchecked, it can bring in even more problems. Learn the secret to financial freedom with our guest, Chad Willardson, the best-selling author of Stress-Free Money. As a fiduciary, Chad shares common financial mistakes that people make, how to build an effective financial plan, when to start investing, what to invest on, and how much you actually need to start an investment. Ted and Chad also talked about the importance of writing down your goals, paying attention to your cash flow, balancing your budget, and planning for the long-term. If there is one thing you can give your future self, it is financial freedom. Don’t miss this week’s exciting conversation! Connect with Ted:  Website Facebook  Twitter Instagram LinkedIn YouTube Highlights:  04:23 What is a Fiduciary?  10:29 How to Build a Financial Plan 13:04 The Biggest Financial Mistakes 16:03 How Much Do You Need to Invest?  18:52 What Can You Invest On?  25:10 The Impact of Decisions 28:25 Stress-Free Money Life

In this episode we explore the idea of semi-retirement, or semi-FI.  This can give you a lot of the benefits of FIRE in a shorter amount of time.We think semi-retirement is a hugely underappreciated approach.  Here, we discuss the benefits and the trade-offs to help you consider whether it's right for you.Discussion points...What is semi-retirement?  (03:15)Benefits of semi-retirement  (08:40)Even more benefits of semi-retirement!  (22:15)How does it work in practice?  (26:56)Covering the income gap  (30:13)Alternative FI strategies  (35:39)Some other thoughts on semi-retirement  (39:57)Resources...Our favourite portfolio tool:  SharesightArticle:  Semi-Retirement - Your Shortcut to FreedomPodcast:  How Much Do You Need to Retire Early?More from us...Contact us with questions and feedback:  fireandchillpod@gmail.comDave's blog:  Strong Money AustraliaPat's blog:  Life Long Shuffle

How Much Do You Need to Know About Reliability? Abstract Philip and Fred discussing Key Points Join Philip and Fred as they discuss Topics include: point 1 point 2 point 3 Enjoy an episode of Speaking of Reliability. Where you can join friends as they discuss reliability topics. Join us as we discuss topics ranging […] The post SOR 638 How Much Do You Need to Know About Reliability? appeared first on Accendo Reliability.

In episode 172 of Financially Simple, Justin goes over the basics of Life Insurance. Part of risk management is taking care of business and your family in case of your death - having an insurance policy in place to provide for your business and employees, and your family once you’re gone. Justin goes over the fundamentals of Life Insurance, the types of cover, which you need and why. TRANSCRIPT/BLOG: https://financiallysimple.com/life-insurance-considerations-business-owners/ Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 01:20 - Life Insurance 101 For Business Owners 03:28 - What is Life Insurance? 04:22 - Do You Need it? 06:31 - Types of Life Insurance: Term Insurance 08:42 - Whole Life 11:10 - Variable 12:06 - Universal 13:13 - Index 14:08 - What Type of Insurance Do You Need? 16:43 - How Much Do You Need? 19:52 - Wrap Up _________________   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Financially Simple podcasts are recorded on a Blue Yeti Microphone & Samsung Notebook 9. Subscribe to the Financially Simple Newsletter NEW Book: The Ultimate Sale - A Financially Simple Guide to Selling Your Business for Maximum Profit _________________   BIO: Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.

In episode 171 of Financially Simple, Justin looks at Umbrella Insurance policies. Your typical insurance coverage only goes so far, and if the claim exceeds the coverage you can have problems - Umbrella coverage covers these instances. Justin explains the basics of Umbrella Policies, what they cover and why you might need one. TRANSCRIPT/BLOG:https://financiallysimple.com/what-is-an-umbrella-insurance-policy-and-why-do-you-need-one/ Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 01:00 - What is an Umbrella Policy And Why Do You Need One? 02:54 - What Does it Cover 04:14 - What Doesn’t it Cover 05:05 - When Should You Have an Umbrella Policy 10:49 - How it Works 11:58 - How Much Do You Need? 14:10 - Wrap Up _________________   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Financially Simple podcasts are recorded on a Blue Yeti Microphone & Samsung Notebook 9. Subscribe to the Financially Simple Newsletter NEW Book: The Ultimate Sale - A Financially Simple Guide to Selling Your Business for Maximum Profit _________________   BIO: Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.

In Episode 6, we discuss the often-asked question of "How Much Do You Need to Retire?", where bonds belong in a diversified portfolio and the most efficient and effective way to purchase them, and our first selection for the Falcon Wealth Advisors Book Club in 2018.

FCR 235 How Much Do You Need to Retire? by Chris Bulman

How Much Do You Need to Retire? No matter what age you are, chances are you've asked yourself this critical question at some point. The stakes are high, and there are no do-overs, so how can you best prepare yourself now to ensure that you have enough to live the lifestyle you want in retirement? Join me as I dive into the best practices and key factors to consider when figuring this out for yourself. Is there a magic retirement number that you should aim for with your investments? What levers can you pull to retire early, and sustain that retirement long-term?   Whether you're decades away from retirement or are getting close to that big day, join me to learn some of the key considerations to ensure that you have enough to retire. Links and Resources Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments. Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest

In Today's episode of the Regained Wellness Podcast I want to share information on all things protein. In This Episode You Will Learn: What makes up protein How protein is digested Why we need it and its role in: Tissue repair, growth, immune function, energy etc Best sources of it How much you should have […] The post RW 041: Protein; How Much Do You Need? appeared first on Regained Wellness.

We share stories about how we found awesome jobs in the past and new ways you can go about getting the job of your dreams on this episode. If you want to walk the path of financial success (following our Wealth Wheel, of course), then you need to begin with income. You can’t get out of debt, budget or invest without money. But money isn’t everything. You also want a job that you enjoy or at least don’t feels miserable going to every day. What Kind of Job? Before you start scouring the want ads (no one does that anymore),you should ask yourself a few questions to determine what kind of job you want. Do You Hate Dealing With People? Whether it’s because you are an introvert or you just have little patience for the stupidity of the average person, if you hate dealing with people, find a job that limits contact with them. Become an economist, a software developer, or an accountant and you will have a blissfully people-free career. How Much Do You Want to Work? Some careers provide more work-life balance than others. If you’re young and single or have a lot of debt to pay off, you might not mind working a lot of nights and weekends. But as you get older and have a family, it might not be ideal any longer. If you don’t want to spend all your time working, consider a career in corporate recruiting, data analysis or insurance sales. Be sure to research the culture of the particular company you are applying for though. Some companies may “encourage” working long hours even in jobs that don’t traditionally require it. How Much Schooling is Required? You may have enough education to get hired at entry or mid level but if you want to move up, will you need more? If the answer is yes, you shouldn’t automatically be deterred. There are many options to go to school part time and continue to work and your employer may pay for all or part of your education. How Much Do You Need to Live On? Many of us harbor dreams of doing something creative or working at a non-profit for a cause important to us, but we also need to pay our bills. Know the minimum you can earn to pay your bills, pay any debt, and save for the future. If you’re still determined to take a job for love over money, that’s okay. There are plenty of ways to be frugal and make money on the side. Getting the Interview Now that you have an idea of what you want to do, here are some ways to get an interview. Have a Killer Resume We did a whole episode on this. Unless you have an “in” at the company you are applying to, your resume is your only chance to get the attention of someone in a hiring position. Clean Up Your Social Media Anyone considering calling you in for an interview is going to Google your name first. What will they find? If you’re this piece of shit, you can expect never to get a job, ever. But you probably just have some embarrassing Facebook posts and Instagram pictures. Clean that stuff up and make every account you have private.  Set Up a Killer LinkedIn Profile Recruiters are using LinkedIn to find candidates and businesses are using Google to find new employees, so if you don’t have a profile set up yet... Learn more about your ad choices. Visit megaphone.fm/adchoices

1 - Tom Brady's Exit 2 - Brady Bunch House Reno? 3 - Big Ben's Beard 4 - Parks and Rec 5 - WalMart Birth 6 - Stolen TP Truck 7 - How Much Do You Need? 8 - George Carlin on Germs